Aspiring Minds, the employability solutions firm, has released the National Employability Report, Engineering Graduates?2014. It reveals that just 18.33% of engineers are employable and 18.09% get a job. ?Low employability among engineering graduates is an outcome of poor education standards & high demand of skilled employees, thereby creating a drastic skill gap. Corporates look for candidates who do not require much training upon being hired,? said Himanshu Aggarwal, CEO & co-founder, Aspiring Minds. The report added that less than 10% engineering graduates are interested to work in start-ups; more females prefer to work in large firms than males; tier-3 town students are aspirational towards large companies; aspiration wise, software roles score more amongst engineers in comparison to others; and females show higher salary aspirations as against male counterparts.
India promotes its leading colleges on world stage
SkillTree Knowledge Consortium?s initiative ?SkillTree Great Place to Study?India Edition? was recently launched in London. The venues?House of Commons and Madame Tussauds London?played host to a high-profile delegation of Indian heads of educational institutions, business leaders and public figures. The event, powered by Lavasa Corporation, showcased India?s prowess as a global leader in educational attainment. The initiative marked the first global education convocation of its kind in London to profile some of India?s established and respected educational institutions, and positioned India?s fine colleges and universities on an international platform, enhancing the country as a destination of choice by the global student fraternity.
Jabong founder?s talk at FMS?s 60th anniversary
Commemorating the 60th anniversary of the institute, Faculty of Management Studies (FMS), Delhi, students had the privilege of interacting with Praveen Sinha, MD, Jabong.com, as a part of the Leadership Talk Series. At the event, Sinha talked about his entrepreneurial venture Jabong, which become one of the biggest e-commerce retailers over the past two years. Sinha also talked about the need to ?feel for the customer? and ?deliver to the promises? so as to maintain loyalty among e-commerce customers.
ITM Group launches its online university
The ITM Group of Institutions, New Delhi, last week announced the launch of ITM University Online. The e-learning platform was launched with ITM?s flagship MBA programme. ITM further said that it has kept the courses flexible so as to enable students to learn at their own pace. The classes at ITM University Online will commence in September & admissions will begin by July 21.
Sri Sairam Institute holds Budget discussion
Sri Sairam Institute of Management Studies conducted a panel discussion on the Union Budget FY15 on July 17. Dr R Kannan, economist and former member, IRDA, along with V Balasubramanian, vice-president (corporate communications), India Cements Limited and P Srinivasan, tax consultant and chartered accountant, were among the eminent participants. Balasubramanian highlighted the policy paralysis seen in the last government’s tenure and other reasons for the 2008 global financial crisis. He spoke of how Budget FY15 had a vision for the country. He specifically highlighted the raising of the FDI cap to 49% for the defence manufacturing and insurance sectors apart from the many provisions for taxpayers. Srinivasan, too up-voted the intent of the Budget, despite maintaining that it was an extension of the Interim Budget from February. He said it was not possible to make a sudden change as it could affect the economy. Comparing the contribution of each individual citizen to national economy to sewat equity in the corporate sector, Srinivasan came up with a slogan: Sewat for a sweet country. Kannan highlighted the slowing down of growth in the past few years while pinning the blame for the same on inflation and current account deficit. A former principal advisor to RBI, Kannan spoke on the challenges to the economy, specifically about those that could undermine the attempts to meet the current deficit target.
