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January 2017 Vol 5 Issue 04

Postal Registration No. : DL(S)-01/3496/2016-18 Posted at IPMBC on the 9th & 10th same month RNI No: DELENG/2012/43525 Published on the 5th of the same month

Smart Loans for Smart Students

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October 2016 < CAREERCONNECT < 2 2 < CAREERCONNECT < January 2017


Contents

52 Pages including Cover January 2017 I Volume 5 I Issue 04 I `40

16 Cover Story

Smart Loans for Smart Students

After completing their higher secondary exam, every student dreams for a higher education opportunity in a premier college of the country or going abroad. But, for many students the ever-soaring cost of higher education had become a stumbling block in their path of success.

Special Feature

Letters to the Editor........................................06

The Scientific Way of Home Management.......................................................................10

Feature

Interview

l Teaching as a Career........................................................................................................24 l Education not so Immune................................................................................................28 l Residential Schools: Home Away from Home...............................................................32

Guest Column

Gunjan Gaur ......64

News...............................................................08

l Anish Srikrisha, President, Times Centre

for Learning Ltd.........................................36 l Vineet Bajpai, Founder, Talentrack...........38 l Devi Singh, Vice Chancellor, FLAME

University....................................................40 l Dr Mel Bull, Principal Lecturer and MBA

RK Gupta ........... 64

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Programme Leader Sheffield Business School, Sheffield Hallam University, UK,..............................................................42 l Ranjit Dass,, Founder and Principal of Nath Valley School...............................................44 l Gavin Dabreo, CEO, MindChampion Learning Systems Limited (MLSL) NIIT Ltd.......45 l Hari Padmanabhan, Executive Chairman, PARFI..........................................................46


Letters to the Editor

Editor and Publisher Smiti Suri Principal Correspondent Ritika Arora Bhola Feature Writer Tariq Ahmed Nicin Varghese Gaurav Dubey

The Creative Science of Learning Environments

December 2016 Vol 5 Issue 3

Postal Registration No. : DL(S)-01/3496/2016-18 Posted at IPMBC on the 9th & 10th same month RNI No: DELENG/2012/43525 Published on the 5th of the same month

The cover stor y on ‘The Creative Science of Lear ning Environments’ which gave a wide knowledge about the use of interactive technology in school education was really informative. The topic was covered in-depth and was quite useful. Great effort!

The CreaTive SCienCe of Learning environmenTS

Drishti Sharma, Noida

Director Marketing Ajeet Kumar

The Dreamer’s WakeUp Call

Manager Marketing Niti Chauhan

Book rev iew of ‘T he 30 -Somet h i ng CEO’ completely shook me from inside. The very next day of reading this review, I went straight to a book store and bought the book. And I really felt pushed by the sense of philosophy of the author as he has brilliantly compared success with sacrifice. Anil Bhargava, New Delhi

Assistant Manager Marketing Asad Mohammad Marketing Executive Rajesh Basu Mehuli Choudhury Marketing Support Sheetal Singh Administration Vipin Marwah Lavish Thakur Senior Designer & Visualiser Shaique Ahmad Designer & Visualiser Mayank Bhatnagar

Indian Vs Foreign Education System

All material printed in this publication is the sole property of CAREERConnect All printed matter contained in the magazine is based on the information of those featured in it. The views, ideas, comments and opinions expressed are solely of those featured and the Editor and Publisher do not necessarily subscribe to the same.

I really liked the way the author has compared the education system of India and abroad in the story. This is really true that Indian education system puts too much emphasis on the theoretical knowledge rather than practical learning. Yamini Santosh, Chandigarh

CAREERConnect is printed, published and owned by Smiti Suri, and is printed at Compudata Services, 42, Dsidc Shed, Scheme–1, Okhla Industrial Area Complex, Phase–II, New Delhi-110020, and published at 6/31-B, Jangpura–B, New Delhi-110014. Editor–Smiti Suri

Smart Education Smart Learners

I s aw o n ly ch a l k s a n d blackboards in classrooms during my schooldays. And I remember; only modern equipment which I saw in my college classrooms was projectors. These facilities will certainly increase the mental efficiency of students. Umesh Rathi, Noida

SURECOM MEDIA

6/31-B, Jangpura-B, New Delhi-110014 Tel: +91-11-24373365, 24373465 Mob: 9711383365, 9810962016 Email: cargoconnect@gmail.com info@surecommedia.in Website: www.surecommedia.in

Guest column – Ashish Sirohi

I really li ked the colu m n written by Ashish Sirohi. The author has excellently compared the Indian technology with that of American and Chinese technology. Now is the age of Personalized Learning or Adaptive Learning in this ever growing field of education. Rohan Puri, Wazirpur

Career in textile designing

Currently I am in class XIIth and soon I will move out of the school and will begin my college life. I think that I am more inclined towards the field of textile deigning due to my creative approach of seeing the clothes of people. The guest column written by Ankur Gulati has provided me an insight of the field of textile designing. Mayank Sohni, Navi Mumbai

Creating a Global Classroom

The internet has revolutionized t he e nt i r e world s o how classrooms could have stayed back. Today’s classrooms are not only limited till their four walls as they have crossed this limit and emerged as Global Classrooms. The author has coined the story very nicely. Pragya Sharma, Panaji

Write to:The Editor, CareerConnect, Surecom Media, 6/31-B, Jangpura B, New Delhi-110014 Email: surismiti@gmail.com CareerConnect reserves the right to edit letters for brevity and clarity before publication.

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The link to your future February 2016 Vol 4 Issue 6 January

BEST INDIA'S

July 2016 Vol 4 Issue 11

B LS SCHOO

Postal Registration No. : DL(S)-01/3496/2016-18 Posted at IPMBC on the 9th & 10th same month RNI No: DELENG/2012/43525 Published on the 5th of the same month

Cover Story Distance Education in India: Bridging the ‘Open’ Gap

The ABC of Indian B-Schools

MBA Aspirants: Master Your Career with Caution

MBA: Time for Sensible Choices

Special Feature Foreign Education : In Search of Greener Pastures Course Review Evolving Logistics Sector Seeks Skilled Professionals Feature Covering the Mile Between Native and Global Language

May 2016 Vol 4 Issue 09

Best Distance Education Institutes of India 2016

August August2016 2016Vol Vol44Issue Issue12 12

Inside: Best BBA Colleges in India: P.31

Postal Registration No. : DL(S)-01/3496/2016-18 Posted at IPMBC on the 9th & 10th same month RNI No: DELENG/2012/43525 Published on the 5th of the same month

Postal Registration No. : DL(S)-01/3496/2016-18 Posted at IPMBC on the 9th & 10th same month RNI No: DELENG/2012/43525 Published on the 5th of the same month

Best Professional Colleges of India 2016

FEATURES

Let Your Dreams Take Flight A Career to Break on the Red Carpet The ‘Judicial ‘ Commandments Lend Your Voice to the Masses

EXHAUSTIVE COVERAGE OF THE BEST PROFESSIONAL COLLEGES / UNIVERSITIES

Best Mass Communication Colleges of India 2016 Print Journalism: An apt career choice?

Enlisted: What is India reading?

Industry Ready: The new catchphrase

Consistent high quality editorial and products The variety and scope of articles carried every month is unmatched Read by educated, young audience 84,000 copies published 250,000 plus Readership Contact Us for Advertising & Subscription 4/23B, First Floor, Jangpura-B, Mathura Road, New Delhi- 110014 +91-11-2437 3365/3465, +91-9810962016; +91-9811494498; cargoconnect@gmail.com, ajeet@surecommedia.in

October 2016 < CAREERCONNECT < 7


News

Want to reverse brain drain: Javadekar

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rakash Javadekar, Un ion Hu m a n Re sou rce Development Mi nister, , recently, said good education is a key to any country’s sustainable progress, and the government has been launching several initiatives to reverse the `brain drain’. “Countries with good universities achieve sustainable progress and where the quality of education is not good, that country does not progress,” said Javadekar, speaking at convocation of Savitribai Phule Pune University. “My best of the best students are going outside country despite the government investing a lot in the education and that is my worry”, he said.

Jharkhand govt signs MoU with IIM-A

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harkhand government signed an MoU with IIM-A for setting up an international standard ‘Jharkhand Innovation Lab’ with CM Raghubar Das saying this will give a new direction to the youth and entrepreneurs. Sunil Kumar Barnwal, Secretary - IT, Jharkhand and Sailesh Gandhi, IIM-A inked the MoU, an official release said. T he Ch ief M i n ist e r said t h is would generate job opportunities, local resources would be utilised a nd e conom ic a ct iv it y wou ld increase. 8 < CAREERCONNECT < January 2017

Centre planning to set up five new universities for minorities

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he Centre has decided to set up f ive new universities for impar ting higher education including medical to students belonging to minority communities, Mukhtar Abbas Naqvi, Union Minister for Parliamentary Affairs said recently. “We want to establish five universities with world class institutions where higher education including medical and skill development will be imparted as part of efforts to empower minorities.” These universities will have big campuses for residential schools, Ay u r ved, Unani medical education. He said the government plans to offer 40 per cent reservation to girl students at the world class institutions under the proposed varsities, where, he stated, students

from other than minority communities can also undertake education. Minister was speaking to reporters after chairing a meeting of general body of Maulana Azad Education Foundation, where he said the Ministry has approved 16 Gurukul-type schools in Telangana, A nd h r a P r a desh, K a r nat a k a a nd Jharkhand.

Education likely to see 12 per cent increase in the next budget

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udget allocation for the education sector is expected to rise by 10-12 per cent this year, doubling the quantum of increase from the previous year. A major part of the increased allocation will be for “improving education outcome in schools”, in keeping with the emphasis on education, especially in schools, from the prime minister’s off ice, two gover nment officials said requesting anonymity. “In the last meeting with economists and experts at Niti Aayog, the prime minister listened carefullwy to issues related to education and reiterated his demand for excellence,” said the first of the two officials. “With importance coming from the top, you may see a 10-12 per cent hike over previous year’s budget,” the official added. While the Sarva Shiksha Abhiyan or SSA (drive for the universalization of education) and the midday school meal scheme will continue to get sizable allocations, the Union budget is likely to emphasize the quality of outcome in

schools, the official said. Poor quality of education, especially in government schools, has been a concern for India. Several surveys over the years have indicated that poor learning levels have affected the country’s long-term competitiveness. According to the Annual Status of Education Report (ASER) published by education non-profit Pratham in 2015, every second Class 5 student in rural India cannot read Class 2 level text. Pratham has been conducting an annual assessment of schools for the past 11 years, except in 2015-16.


News

Class X board exam will be compulsory from 2018

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oard exams for Class X are set to become compulsory for all CBSE students from 2018, three language formula could be extended till Class X and foreign language might be treated as fourth and “elective”, according to decisions taken by the CBSE. At the meeting of CBSE’s governing body, its members unanimously agreed that

from the academic session 2017-18, compulsory Board exams should be introduced for all students of Class X. The decision will now have to be approved by the government before it is implemented. Cur rently, it is optional for CBSE students to choose either the Board exam or a school based examination. Prakash Javadekar, Union Human Resource Development Minister has in the past favoured making Board exam compulsory for CBSE students as is the practice in all state boards. The sources said while there is a view that for the Class X Board exams, 80 per cent weightage will be given to the marks scored in examinations while 20 per cent weightage will be given to school-based evolution.

Michelle selects Indo- Govt schools in American girl for Haryana go education campaign digital

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.S. First Lady Michelle Obama has selected 16-year-old IndianAmerican Swetha Prabakaran to serve in the inaugural Student Advisory Board of an education campaig n which seeks to provide educational opportunities for teenagers in America. Swetha, whose parents immigrated from Tamil Nadu’s Tirunelveli in 1998, was chosen for ‘Better Make Room’ campaign’s Student Advisory Board in recognition of her efforts to educate youth in the field of computer sciences. Born in Indianapolis, she is among 17 students selected to serve on ‘Better Make Room’ Student Advisory Board.

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ith a view to promote cashless transactions in the state, the Har yana Gover nment has decided to open committed bank accounts of all government schools for payment of fees. This was disclosed by Additional Chief Secretary, School Education Department, P K Das in Chandigarh on Friday. He said that nodal teacher in each school would download the e-wallet of the bank concerned. The accounts will be opened in bank branches nearest to the schools. Parents or guardians of the students would be motivated to utilise the e-wallet of the same bank to pay the fees, he said.

NBA accreditation for Jaipuria Institute

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aipuria Institute of Management, Jaipu r has received NBA Accreditation for its PGDM Program. With this achievement, Jaipuria-Jaipur has earned the distinction of being the only PGDM standalone private institute in the state of Rajasthan to have NBA Accreditation.

David Syiemlieh appointed as UPSC Chairman

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resident Pranab Mukherjee appointed Professor David R. Syiemlieh as the Chairman of t he Un io n P u bl ic Se r v ic e Commission (UPSC). Syiemlieh is f rom Meghalaya and was a U PSC me mb e r. T he 63 -ye a rold Syiemlieh assumed charge on January 4 and will retire on January 21, 2018. As per reports, Syiemlieh was f u nctioni ng as a UPSC member from June 25, 2012. January 2017 < CAREERCONNECT < 9


special FEATURE

The Scientific Way of Home Management

Home Science is vast and varied. Its scope extends far beyond the â&#x20AC;&#x2DC;homeâ&#x20AC;&#x2122; and is not limited to cooking, laundry, needlework and home decoration. In fact it is the only subject which prepares young learners for the two most important goals in their lives - looking after their home and family and preparing for a career or vocation in life. Nicin Varghese, with the help of subject experts delves in to the concept and presents the scope and career opportunities in home science

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H

ome Scie nc e i s b ot h science and ar t which draws upon many discipli nes such as c h e m i s t r y, p h y s i c s , p h y s iolog y, b iol og y, hygiene, economics, rural development, child development, sociology, family relations, com mu nit y living, ar t, food, nutrition, clothing, textiles and home management. For a lay man, it is a subject about home making and household chores. The study of home science deals with the most vital aspects of modern housekeeping. Home Science, or the science of a home, in simple words, includes all things that concern yourself, your home, your family members and your resources. It aims at getting maximum satisfaction for you and your family members through the efficient and scientific use of your resources. The science is aimed at achieving and maintaining the welfare and well being of home and family life in an ever changing society. It includes not only nutritional needs of the family members but also planning expenditure and budgeting resources available to the family as well. The application of economic principles in relation to income, expenses and consumption comes under the purview of home economics. Home science aims at developing an individual, its knowledge, attitudes, values and skills, which guide one to meet personal needs and aspirations of an individual to become a well adjusted member of the family. Home science is now out of the shell of misconceptions and opened its doors for new avenues in all possible fields of life. A c a r e e r i n home s cie nc e i s best suited for modern women with go o d a e s t h e t ic s e n s e r e g a r d i n g contemporary arts, home decorations and modern housekeeping. One can specilise in different streams of home science - food and nutrition, resource management, human development, f a b r ic a n d a p p a r el s c ie n c e a n d communication and extension or have a general understanding of all streams of home science. A specialisation in food and nutrition provides knowledge of the analysis of vital nutrients in food-stuffs, detection of food adulterants, planning therapeutic diets, diet counseling

for all age g roups, st andardising quality and quantity of food-stuff, health awareness in community, food preservation techniques, culinary skills and food processing and canning of food-stuffs. Resource management deals with management principles and practices, management of energy r e sou r ce s , c on s u me r awa r e ne s s , planning and designing of residential and commercial spaces etc. Human development specialisation deals with the understanding of the sequential stages of development over the life span of an individual. Apparel science gives complete knowledge of fiber to fabric and also garment making. St udents lea r n about dyei ng a nd printing, fabric manufacture, textile testing, traditional textiles and textile

science is offered at four levelsâ&#x20AC;&#x201D; diploma, first degree, postgraduate, and pre-doctoral/doctoral levels while, diploma course is offered only at few institutions in India. One can opt for B.Sc. (H) or B.Sc. (Pass) courses at the undergraduate level. The course at the first degree level is of three-year duration leading to. B.Sc. /B.A. (Home Science), B.Sc. /B.A. (Home ScienceHonours), or Bachelor of Home Science (BHSc). The option for doing postgraduate diploma or postgraduate degree in various branches of home science is also available in India. Students who aspire to build their career in home science should qualify their higher second a r y exa m i nat ion. I n some universities, home science is offered as

marketing and merchandising.

one of the secondary or combination subject in other st reams of B.Sc. courses. A nu r a d h a S h e k h a r, He a d , Department of Food Science and Nut r it ion , DR BM N col le ge of Home Science, talks about the best educational practice for this career. â&#x20AC;&#x2DC;Opting science background during higher secondary is preferable since t he subject deals w it h nut r it ion, diet, food science and other related sciences. T he cou rse gives more importance to practical components. Almost 40 per cent of the syllabus deal with practical training. Having a basic idea of cooking, stitching and home management will be an added advantage,â&#x20AC;? she said. Earlier it prepared an individual

The Best Educational Practice

It is a n i nterd iscipl i na r y cou r se covering a wide spectrum of subjects falling under three core subjects: nutrition, human development and family resource management. This is a recognised professional course and requires its students to have a logical and intellectual mind. As there is a growing concern for health and nutrition, the changing lifestyle of present generation, Home Science course has come to limelight. Its changing outlook has attracted several students enabling them to pursue a successful career. Professional education in home

January 2017 < CAREERCONNECT < 11


special FEATURE

three to four years. A person opting for a career in this field needs to have a logical mind along with realistic approach, and a balanced attitude. Creativity with artistic visualization is also necessary. Rise in awareness related to health, diet and lifestyle has resulted in more inclination towards the field of Home Science. More and more people are opting for building a career in this field.

Princy George, Culinary

Career Options

to obtain recent scientific information to cope with the day to day problems but, today effor ts are being made to provide facilities to invigorate the theoret ical k nowledge of the students through field training and research, so that they are able to

Home Science graduates can seek careers in the fields of community and social work as well as in NGOs, food labs and hospitals. Postgraduate degree holders have better career opportunities. Apart from working in the above areas a post graduate in home science can join the teaching profession in various colleges and universities. Researchers can develop prog ra m mes for med ia. Schola rs in the f ield of home science can also work as nutrition consultants, research assistants, food scientists, de mon st r at or s or fo o d a n a lyst s. They can also work independently as family counselors. Career options are also there in sales promotion of food products and baby care. One can be absorbed in food preservation production unit of any hotel, tourist resort, restaurant or any related food industr y. Those who specialise in textile and clothing and family housing and furnishing can undertake design related activities. Some other important fields are :. Production industry: It covers food

launch entrepreneurship programmes successfully. Many universities have facilities for pursuing pre-doctoral (M.Phil) and doctoral (PhD) studies. The duration of M.Phil course is one year while, PhD can be completed in

preservation, dress-making, specialised cooking, textile designing, fashion designing and dress manufacturing, or work in production units of the food industry and hotels. In the Food manufacturing industry, options are

Professional

“I was a home science student once and now I run a home business. The subject offers a chance to learn the basics of tailoring, cooking and the most important of all - personal grooming. I found it very relevant for people who want to pursue self employment. Gone are the days when boys considered Home Science a subject meant ‘just for girls’. Now, a lot of boys are also opting for this course and I consider it as very positive.”

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available in food processing units and food preservation departments as food analysts, quality analysts, quality controllers and quality managers. Major job prof ile of home science graduates in textile industr y is as apparel and textile designers. Tour ism and Ser v ice Indust r y: Home science students can find jobs in hotel and hospitality management services. Job opportunities exist in various hotels, tourist resorts etc as catering agents. They can also be employed as dieticians in hospitals, maternity homes, slimming centers and even boarding schools. Home science graduates are in great demand in the service industry, to look after hou seke e pi ng a nd food cat e r i ng departments of hotels, tourist resorts, restaurants etc. Research and teaching jobs - Major careers available are as food scientists, research associates, teachers and professors. Candidates with masters degree can opt for teaching positions or research positions. Home science post graduates can take up teaching assig n ments i n sen ior second a r y schools and home science colleges. Sales: Sales promotion jobs of food products, baby foods, ready to cook foodstuffs and garments are open to Home Science graduates. Te ch n ic a l: T he r e a r e a nu mb e r of technical jobs comprising food analysts, food scientists, research

assistants, demonstrators etc. Confect ioner y and Baker y: The home science graduates/post-graduates can set up confectionery, Ice-cream parlors and bakery. They can use their


special FEATURE

The importance of studying home science in daily life: T he st udy of home science familiarises us with the household problems and the ways to solve them. Home science is an art and science. It teaches us to do all the household jobs in a systematic and scientific manner. For example, it teaches us not only to cook food, but also teaches how to provide nutritious food to all members of t he fa m ily economically. It also teaches us the art of managing jobs like cleanliness, washing clothes, etc. by spending less time and energy. These days, the market is flooded by a large variety of garments. A student of home science can make proper selection and maintenance of these clothes. Home science teaches us about the child development and human relationship. In child development, creativity to evolve their own products which are more nutritive and different from the conventional ones. Hobby Centres: Candle making, paper f lower making, preparation of decorative articles, soft toys, rangoli, jewellery designing, pot making, wall painting and making useful articles from the household waste products can be done in hobby centres. Health Centres: Health centres can provide special advice and immediate ser vice for people suffering from different diseases. Suitable therapeutic nutrition and physical education would enable the home science graduate to set up support centres for people with special dietary needs. Child Care/Day Care Centre and Mobile Crèches: Children usually require care by adults till they are 12 years of age and should not be left alone at home. With the basic knowledge of ‘child development’, home science graduates can run child

t he st ude nt s a r e t aug ht ab out the physical, mental, social, and emotional development of the child. This knowledge helps a person to know whether the child is growing at proper rate or not. The student also learns to control his emotions and to adjust in the society well. The study of home science helps us to become a conscious consumer so that we should know our duties and rights as a consumer and not get exploited by the sellers. In earlier times, the duties of a housewife were confined to home only. Because of modernisation and socialisation, now she is also working outdoors. The knowledge of home science helps her to manage resources like time, energy, skill, interest, etc. efficiently, so that she can do all the household chores along with her outdoor duties. care units like day-care centre, creches, nursery school and after school centre. Old Age Homes: Increase in the n u c l e a r i s a t i o n of f a m i l i e s h a s compelled many old people to stay in old age homes. Such old age home can be managed by home science graduates where various kinds of activities could be arranged for old people with proper food services and psycho-emotional enrichment. Rehabilitation centers for children with special needs: Home science graduates can open rehabilitation centres for children with impaired senses. These centres will not only be a service to the community but would help them create employ ment for themselves and others. “I was a home science student once and now I run a home business. The subject offers a chance to learn the basics of tailoring, cooking and the most important of all - personal grooming. I found it very relevant for people who want to pursue self

Anuradha Shekhar,

Head, Department of Food Science and Nutrition, DR BMN college of Home Science

“Opting science background during higher secondary is preferable since the subject deals with nutrition, diet, food science and other related sciences. The course gives more importance to practical components. Almost 40 per cent of the syllabus deal with practical training. Having a basic idea of cooking, stitching and home management will be an added advantage,”. employment. Gone are the days when boys considered Home Science a subject meant ‘just for girls’. Now, a lot of boys are also opting for this course and I consider it as very positive,” s a id P r i nc y G e or ge , C u l i n a r y Professional. Remuneration Today, home science is a well paid job. A person who desires to pursue a career in this f ield can expect a salary between 10000-15000 rupees per month in the beginning. However, salaries of home science professionals vary depending upon their individual q u a l i f ic a t io n s , ex p e r ie n c e , si z e and nature of the hiring institutes. Person with a superior record and good qualification can achieve higher positions. The salar ies of special professionals are high. Home science professionals working in research institutes and private documentation centres also have handsome earnings January 2017 < CAREERCONNECT < 13


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Nine Branches of Home Science Food and Nutrition: Good nutrition is important for healthy l iv i ng. I n Home Scie nce, m ajor emphasis is given to this subject. In this field the following subjects like the scientific facts about the nature of food,

the constituents of food, foods required for the growth and maintenance of body functions, food needs at the different stages of growth, nutrition deficiencies and ways of over-coming them. P re pa r at ion of food by u si ng best possible cook i ng method to preserve the maximum nutritive value, f lavour, colour, texture and taste of food. Planning of meals by avoiding superstitions and wrong food habits and preparation of balanced diet for different age groups, sex and activities are the major subjects of Food Nutrition. Preservation of foods by household and commercial methods, knowledge of food spoilage and food adulteration is also important topics of Food and Nutrition. Food production, sanitary handling of food, avoidance of waste, hygiene of food, the psychological effects and pleasure of eating, effects of cooking on food and the important relationship of adequate diet to health are the important subjects comprising this field. The detail knowledge of food and nutrition helps the family for healthy living. Clothing and Textiles: Knowledge of aesthetic, hygienic and economic value of clothing is important for Home Science students. This area includes the selection, construction and care of clothing, its effect on the family income the chemical nature and 14 < CAREERCONNECT < January 2017

behaviour of different textiles, different types of weaves, dyeing and printing, the quality, colour fastness, shrinkability, and durability of the fabrics, the nature and characteristics of natural fibers like cotton, silk, wool, linen and synthetic fibers available in the market. This branch also provides the k nowle d ge of choic e of clot he s according to income, age, season, occupation, colour, design, advantages of m a k i ng of clot he s h i s t or ic a l background of clothing, methods of washing clothes, mending, taking care of clothes, repairing and storing of clothes etc. This branch of Home Science requi res a k nowledge of Science as it deals with understanding the chemistry of Textile Engineering as well.

Home Management: Management plays an important role for successful home making. Management implies making the best use of the available material and human resources, to der ive t he best values a nd to conserve time, energy, money, space and labour. It i nclude s va r iou s conce pt s, principles and processes of management acquiring information regarding the selection of appropriate equipment for home, their operation, care and maintenance, knowledge of decision making, housing, work simplification, interior decoration, fuel and energy management with the suit able technologies available for better living. Food good management, all the members of the family must work together, setup common goals, make

plans, and contribute towards the efficiency and happiness of the home. Housing: Good housing ensures the health and security which is the goal of Home Science. Housi ng i n f luences t he mental and physical health of human beings throughout life. Therefore, the basic facts about housing, designs, furnishings which will save money and labour and methods of getting maxi mu m satisfaction th rough minimum equipment are important. Interior decoration and housekeeping are also included in this branch. To make the house a charming and comfortable place for the use of the family, it should be well groomed. It should be kept clean, well arranged, decorated lighted and ventilated. All these things are a part of Home Science education. Knowledge of building a

new house, maintenance of old house, making of kitchen garden is also included in this branch. Health and Hygiene: He a l t h i s a n i m p o r t a n t b r a n c h of Home Science. Healt h mea n s a complete physical, ment al a nd


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social wellbeing. Health is the prime necessity of human life because it is key to happiness. Knowledge about good health, sanitation, personal hygiene, role of bacteria in health and disease, infection, looking after the sick, home nursing, hygienic use of food are included in this branch. Knowledge of health and its constant purposeful application of everyday life bring vigour, satisfaction and happiness.

Child Care and Development: Children are the future citizens of the nation. They must be brought up in an atmosphere conducive to growth a nd development. K nowledge of how to take care of children and help them to develop physically, mentally and emotionally is essential for the members of the family. It will produce good citizens for the country. The care of a child begins before the birth. So the knowledge about the care and development of the child since the time conception plays important role for home science students. This branch also includes the knowledge of the basic

needs of a child for its healthy growth and development like food, clothing bathing, fresh air, play and sleep. Care of the child includes understanding its physical, mental and emotional growth, choosing the kind of play, and toys for the child, recognition of childrenâ&#x20AC;&#x2122;s

disease and how to take care of the children during illness. The mother is responsible for the success and failure of the child. The homemaker must know the needs of childhood and the physiological changes dur ing grow th per iod. Child renâ&#x20AC;&#x2122;s clot h i ng a nd food combi nat ions, recreation, education and other factors affecting health are important topics in this branch of Home Science. Home Nursing and First Aid: As health plays an important role in life the knowledge of Home Nursing can preser ve it. By obser ving the needs of -sick persons, proper care may be taken. So adequate skill in nursing the sick is an important topic in Home Science. The preparations which must be made in a home to care for invalids, sick persons, or person

suffering, from diseases and what can be done to increase the patientâ&#x20AC;&#x2122;s chances of recovery are also included in this branch. First aid is the immediate care given to an injured person before the service of a doctor can be obtained. In emergencies, what type of first aid treatment should be given to the patient, general rules of first aid knowledge about the bandages are impor tant subjects of this branch. Human Relationships: As man is a social animal he can find greatest happiness in society. Getting on well with others in the family and community is an asset to his personality. To achieve happiness in a group, it is necessary to understand the principles of sou nd hu man relationships. A knowledge of psychology, sociology and other related subjects is necessary to help family members in understanding people. To make a home successful, all

the members should get along well with others. This branch of Home Science includes how to maintain good family and social relationship for achieving happiness. Extension Education: Extension education has now become an important branch of Home Science. Besides for mal educat ion. Home Science deals with education through which desirable changes are brought about in family living. Extension Education works with almost every institution and all individuals who come from these families or home front.It has a very happy relationship with the Home Science discipline. The major objective of it is to extend and translate scientific knowledge into action. It involves the understanding of r u ral econom ic st r uct u re a nd i m p r ov i n g t h e s a m e , p r o m o t e s health and nutritional status of the

community; motivate women towards national development through the use of audio-visual aids, participation in adult education functional literacy, programme planning and execution of welfare programmes. Home Science trains the students not only for the role of homemaker, but also for a number of roles like teacher. Extension worker, social service worker, dietician, warden, housekeeper, nurse, interior decorator etc. Home science thus serves the community in a variety of ways. January 2017 < CAREERCONNECT < 15


COVER STORY

Smart Loans for Smart Students

The per capita income has failed to maintain its pace with the ever rising education cost in India. This yawning gap between income and education expenses has increased reliability of the students on the education loans to a great extent. Gaurav Dubey presents a short report of the prominent banks of the country, which would certainly help an education loan seeker student in making a wise decision while selecting finances for higher studies

16 < CAREERCONNECT < January 2017


A

fter completing thei r higher secondary e x a m , e ve r y student dreams fo r a h ig h e r education oppor t unity in a premier college of the country or going abroad. But, for many students t he eve r- s oa r i ng c o s t of h ig he r education had become a stumbling block in their path of success. Few years ago, students opted the neighboring colleges and universities for pursuing higher studies but now the entire education scenario of our country has changed. Now, students have understood the bottom line of the job market. They realise that only quality education could help them to get a lucrative job in today’s cut throat competition. Nowadays, quality of education rules the roost in the job market. However, good quality of education comes at a high financial cost for students. It is a n i rony t hat i n c r e a s e i n p e r c a pit a i ncome over the yea rs has failed to maintain its pace with rising education costs in the country. In such a scenario, poor but intelligent students cannot even think of fulf illing their educational dreams. Then question arises, how a middle- class st udent can f ulf ill their d ream of get ting educated from a premier institute of their choice? The answer lies in education Loans. Though availing scholarships and other financial aid is a viable option, it caters only to the needs of brilliant and bright students. Thus, education loans can be crucial in moulding the career plans of a mediocre student. The education loan can even give feathers to the dreams of a mediocre student of studying in an apex institute of the country. Sever al ba n k s across t he nat ion provide education loans to students and by utilizing this fund they can turn their dreams into reality. Apart from government banks, numerous private banks and firms also provide loan to students who want to pursue

COVER STORY

their higher studies in India or abroad. In India, the trend of offering education loan to the students who aspires to complete their higher studies in abroad began in the year 2001. The entire education scenario of the country has undergone a significant change since 2001. Recent global economic slowdown had f loored the US dollar completely and global crude oil prices also shot up to a new height during that period. The economic slowdown also casted its shadow on the Indian economy which made selection of education loan a very choosy affair. Job market also suffered a huge dent due to economic slowdown which made copious students a loan defaulter and the banks had to classify the loan amount given to them in the bad-debt column. However, with the passage of

has explained how ‘Skill India’ needs to be closely coordinated with ‘Make in India’. Yet, today less than five per cent of our potential workforce gets formal skill training to be employable and stay employable. With a view to enable all poor and middle class students to pursue higher education of their choice without any constraint of funds, I propose to set up a fully IT based Student Financial Aid Authority to administer and monitor scholarships as well as educational loan schemes, through the Pradhan Mantri Vidya Lakshmi Karyakram. We will ensure that no student misses out on higher education for lack of funds. The IT based mechanism under the Pradhan Mantri Vidya Lakshmi Karyakram is expected to provide to students a single window electronic platform for Scholarships and Educational Loans.”

Features and Benefits of Education Loans

time, things have started improving a nd t he Re s e r ve Ba n k of I nd ia announced several welfare measures for betterment of the situation. The announced measures include speedy disbursal of loans to deserving and meritorious students. Arun Jaitley, Union Finance Minister in his budget speech for FY 2015-16 had said: “India is one of the youngest nations in the world with more than 54 per cent of the total population below 25 years of age. Our young people have to be both, educated and employable for the jobs of the 21st century. The Prime Minister

Listed below are some of the key features and benefits of any education loan offered in India. Processing fees It is a fee that is charged to process an application for a loan. Loan application fees are charged to cover some of the cost involved in processing the application which generally i ncludes credit checks and basic administrative cost. Most banks do not charge any processing fee when a student avails an education loan. Though some lenders might levy a processing fee of one per cent or an upfront fee, depending on the type of loan availed. Moratorium Period It is a time during the loan ter m when bor rower is not required to make any repayment. It is a waiting period before which repayment by way of EMI begins. Normally, the repayment begins after the loan is disbursed and the payments have to be made each month. Generally, all lending institutions give a moratorium or holiday period ranging from six months to one and half years after the completion of the course. Repayment of t he pr i ncipal a mou nt for t he availed education loan can start after January 2017 < CAREERCONNECT < 17


COVER STORY

minimum loan amount varies across different lending institutions. Security Collateral Collateral is a proper ty or other assets that a borrower offers as a way for lender to secure the loan. If the borrower stops making the promised loan payments, then the lender can seize the collateral to recoup its losses. Most banks do not request for any security collateral to be provided for education loans taken for an amount below INR four lakhs. Third party guarantee or any other form of security has to be provided by the Arun Jaitley, Union Finance borrower only for amounts higher Minister than that. Repayment Tenure “I propose to set up a fully IT The repayment tenure starts after the based Student Financial Aid moratorium period and can usually Authority to administer and go up to ten years, depending on the monitor scholarship as well bank from where the education loan educational loan schemes, has been availed. through the Pradhan Mantri Vidya Type of educational course Lakshmi Karyakram. We will The sanctioning of the education loan ensure that no student misses out also depends on the type of course and on higher education for lack of the institution opted by the student. Education loans given out by most funds.” (Source : Union Budget Speech 2015-16) banks cover specific institution types, course types and also countries. Most banks sanctions loans only for this period or after the borrower has approved courses from recognized secured a job. Indian and foreign institutions. Margin Tax Benefits It is the amount which a student needs Education loan borrowers can also to pay from his own funds, while the enjoy tax rebates for the interest they rest is paid back by the bank. Here is would be paying under Section 80-E of the example – if a person demands a the Income Tax Act, 1961. loan of INR 5,00,000 then the bank Insurance would demand around 20 per cent of Some banks also offer life insurance the loan amount from the borrower cover to the st udent availing the and finance the rest of the amount. For education loan. This facility however loan amounts below INR four lakhs, might not be available with all banks borrowers do not have to put in any and might vary from lender to lender. amount and the lender will mostly Applicants can enquire with their sanction the entire amount. But for lending banks to check if the insurance loan amounts higher than that, the benefit is available, when they procure applicant will be required to bring in a the education loan. loan margin amount ranging between Pre-payment charges five per cent and 15 per cent depending The prepayment charges var y for on the location of the course study. education loans across different lending Quantum of Loan institutions. Some banks do not charge The loan quantum or principal is the any pre-closure fees, while some might amount that one borrows from the bank. impose a prepayment penalty of up to Maximum loan amount sanctioned four per cent, depending on the time by banks is generally INR ten lakhs period during which the loan is being for education within India and up to closed. INR 20 lakhs for studies abroad. The Ba n k s m ig ht a l so lev y ot he r 18 < CAREERCONNECT < January 2017

State Bank of India (SBI) The State Ban k of India has the reputation of being the largest public sector lending bank in India. The apex bank of the country, Reserve Bank of India recently accorded the status of ‘Domestically Important Systematic Bank’ to the State Bank of India. As per the available data, SBI has the assets of INR 20.480 trillion and operate across the 14,000 branches in the country. The SBI provides education loan in three categories – for studies in India and abroad, for studies in premier Indian institutions and loan for pursuing vocational education and training. Why borrow from SBI? One stop solution for education loan - The bank has a special education loan portal to provide updated information to its esteemed customers. It has formulated attractive student education loan schemes to attract customers. Each scheme is tailored to student’s needs, type of education and repayment terms. Concession for girl students State Bank of India is leaving no stones unturned in promoting girls to opt for education loan which would ultimately help them in carving their bright future. In keeping with the spirit of women empowerment, the SBI offers 0.5 percent concession on an education loan to girls. Attractive pre-payment terms The ban k offers f ull one percent concession in interest rate if it is serviced promptly during the moratorium period, including course duration.


COVER STORY

(IBA) has framed a comprehensive educational loan scheme to ensure that no deserving student in the country get deprived of higher education for want of finance. The scheme covers all types of courses including professional courses in schools and colleges in India and abroad.

The Salient features of the scheme are: •

Ajay Bohora, Co-founder, MD and CEO, Credila

“The education loan product must be thoroughly evaluated on multiple parameters to choose the one best suitable for you. The amount of loan available and the components of expenses it covers are the primary things to check on.” cha rges li ke a d m i n ist r at ion fees and documentation costs, while the education loan application is being made. Career Connect is presenting short and concise information about the leading banks of the country for the education loan seekers. This informat ion would be cer tainly useful for the students as by going through this, they could make a wise decision regarding education loan. Government of India in consultation with Reserve Bank of India (RBI) a n d I n d i a n B a n k s’ A s s o c i a t io n

The scheme envisages loans up to INR 7.5 lakh for studies in India and up to INR 15 lakh for studies abroad. • For loans, up to INR four lakh no collateral or margin is required and the interest rate is not to exceed the Prime Lending Rates (PLR). For loans above INR four lakh the interest rate will not exceed PLR plus one percent. • The loans are to be repaid over a period of five to seven years with the provision of grace period of one year af ter completion of studies. An IBA document on the scheme t h rows l ig ht on t he t h i n k i ng i n government circles about funding for higher education when it observes that, “Public funding of higher education is not considered feasible. This model education loan scheme is an attempt to bring out a viable and sustainable bank loan scheme to meet the aspirations of our society.”

Dedicated schemes for weaker sections of the society

Industrial Development Bank of India The Industrial Development Bank of India (IDBI) was founded mainly to finance industrial development plans of India but the bank also offers the facility of education loans to students who want to pursue higher studies in India and abroad. The bank whose tagline reads ‘Bank aisa Dost jaisa’ always provides financial support to deserving and meritorious students for pursuing higher education. Deserving students, according to their eligibility and requirements, can choose from a number of financial loans and repayment options offered. IDBI educational loans help students procure financing options to secure their future. Why borrow from IDBI? A reasonable rate of interest With the interest rate beginning from 10.45 per cent, IDBI offers reasonable rate of interest. However, its interest rate is floating in nature. The moratorium period as per IDBI rule is duration of the course plus one year or six months post getting a job, whichever is earlier. The repayment period for loans till INR 7.5 lakhs is up to ten years and above INR 7.5 lakhs it’s up to 15 years. Loan for management quota students IDBI also offers loan to students seeking admission through management quota in various colleges. Hence, the bank offers great opportunity for students who are seeking admission through management quota to finance their studies

Rate of interest for banks SBI

10.45%

PNB

10.25%

10.75%

IDBI

12%

CANARA BANK

AXIS BANK

15%

January 2017 < CAREERCONNECT < 19


COVER STORY

The comprehensive education loan scheme framed by the Government of India is undoubtedly a big step towards making quality education an inexpensive affair for the students. Apart from framing the loan scheme the Central Government also came-up with several other schemes specially designed for the minority, weaker and vulnerable sections of the society. Let’s have a quick look on these schemes -

Manavjeet Singh, CEO and

Founder, Rubique.com (Source: Economic Times)

“Every loan has a different grace period. One cannot start repaying the loan amount immediately after getting a job. A bank starts imposing interest from the time of the loan disbursement which increases the debt burden. Therefore, if possible, some interest amount can be paid off during one’s study period to decrease the debt burden.”

Central Interest Subsidy Scheme

This scheme is monitored by the M i n ist r y of Hu ma n Resou rce Development. It provides interest subsidy on education loan during the moratorium period. The scheme is applicable only on technical and vocational cou rses i n I ndia. T he subsidy is provided for the period of moratorium i.e. 12 months after completion of the course or six months af te r get t i ng t he job, wh icheve r is ea rlier. St udents belongi ng to economically weaker sections with an annual gross family income of not more than INR 4.5 lakhs per year are eligible

Punjab National Bank The Punjab National Bank (PNB) was founded in the year 1894 and over the years it has evolved as the third largest public sector bank in India. The bank has been serving to millions of its customer and providing loans to numerous students since its inception. In an effort to help brighten the future of our nation, PNB offers multiple education loans and schemes to students and individuals, who wish to pursue higher education in India and abroad. Under education loans, PNB offers four distinct kinds of loans which are PNB Udaan, PNB Kaamgar, PNB Pratibha and PNB Saraswati. Why borrow from PNB? Interest concession Students who opt for the education loan from the PNB becomes eligible for 0.50 percent interest concession if they repay loan promptly during the repayment period. Online application To facilitate quick and hassle free procedure for loan disbursal, Punjab Nat ion a l Ba n k a c c e pt s on l i ne applications too for a loan. According to PNB officials, every year millions of educational loan seekers approach the website for the loan applications. Trustworthy Mo s t of t he p e o ple whom we interviewed gave positive reviews about the PNB. Customers said they would prefer borrowing from the PNB as they have full faith in the bank and its operations.

20 < CAREERCONNECT < January 2017


COVER STORY

to avail benefit under this scheme.

Padho Pardesh

Naveen Kukreja, CEO and

The prime objective of ‘Padho Pardesh’ scheme is to provide interest subsidy to meritorious students of economically weaker sections of notified minority communities. This scheme promotes and helps students of weaker section in achieving their dream of studying overseas. The scheme offers subsidy during the moratorium period i.e. one year or six months after getting job or whichever is earlier.

(Source: Economic Times)

Vidyalakshmi Portal

Co-founder, Paisabazaar.com

“Interest calculation on education loans starts as soon as the amount is disbursed to you. However, it gets accumulated till the end of the moratorium period. Once you start paying interest, you can start claiming tax benefits.”

The Central Gover nment has also lau nched a dedicated web por t al named ‘Vidyalaksh mi Por tal’ for the ease of students. The portal is a one-stop solution for education loans and scholarship seeker students. The por tal provides infor mation about educational loan schemes of banks, common educational loan application form for students, facility to apply to multiple banks for educational loans

Canara Bank Canara Bank was founded in the year 1906 and now it has chiseled its place among the leading public sector banks in India. The government nationalised the bank in the year 1969 and today the bank operates across the network of 5860 branches and more than 10026 ATMs spread in every corner of the country. With the aim of supporting st udents f rom economically weaker sections of the societ y, Department of Education, Ministry of Human Resource Development and Government of India has launched this scheme with subsidized interest. The bank offers primarily two kinds of education loans, namely loans for students and model loan scheme for vocational education and training. Why borrow from Canara Bank? Fastest disbursal procedure Canara bank offers quickest loan disbursal to its customers. The bank claims that loans are sanctioned within an hour of the submission of documents. Students also do not have to pay for any processing charge which further eases their problems. High percentage of loans granted If we go by numbers, the amount of loan being sanctioned by the Canara bank comes next to the State Bank of India. Hence, one can easily understand the huge business which the bank does every year. Nodal bank of government scheme Canara Bank is the nodal bank for Central Interest Subsidy Scheme. Thus it is of immense benefit to those wishing to avail loan under the scheme. and facility for banks to download students’ loan applications. Till now, 39 banks have joined the portal and are collectively providing around 70 lucrative loan schemes to more than one lakh registered education loan seekers on the portal. Ajay Bohora, Co-founder, MD and CEO, Cred i la - A n H DFC January 2017 < CAREERCONNECT < 21


COVER STORY

Axis Bank Axis bank is one of the leading private sector banks in India. The bank offers education loan for pursuing vocational courses in India and abroad. It provides education loan up to INR 20 lakhs for pursuing studies abroad which would cover tuition fees, hostel charges cost of books etc. However applicants are required to open an LIC policy in favour of Axis bank for a sum equal to at least 100 per cent of the education loan amount. The education loan is offered to students who have secured admissions to professional courses at graduate or post-graduate levels. A flexible loan scheme with affordable interest rates, Axis bank education loans provide the required monetary support to deserving students. Why borrow from Axis Bank? Hassle free process Axis Bank claims that it has hassle free process for disbursal of loans. A f t e r s u b m it t i ng t h e r ele va nt documents, customer can relax and be sure of the loan disbursal. Ltd Company says, “With the cost of education soaring, the need and demand for an education loan is rising, making it an increasingly popular choice to f u nd higher education. However, the education loan product must be thoroughly evaluated on multiple parameters to choose the best one for you. To begin with, the amount of loan available and the components of expenses it covers are amongst the first things to check on. Once you are comfortable with the possibility of components like tuition fee, living costs etc, flexibility on collateral and co-borrower should be considered. Credila does give education loan without any margin money and also offers longer tenures to make the payback comfortable. Tax benefits on the interest paid on education loan helps in cushioning the overall cost.” He also said, “The ease of applying and processing the application is an important one. It is quite a delight for the applicants when education loan is literally ‘home-delivered’ to them.” 22 < CAREERCONNECT < January 2017

The repayment schedule of an educational loan differs from that of other loans. In an advice to the students, Manavjeet Singh, CEO and Founder, Rubique.com says, “Every loan has a different grace period. One cannot start repaying the loan amount immediately after getting a job. A bank starts imposing interest from the time of the loan disbursement by the end of each year or may be a semester. This increases the debt burden. Therefore, if possible, some interest amount can be paid off during one’s study period to decrease the debt burden.” Tax benefits could also be taken if the installments of education loans are paid regularly. Naveen Kukreja, CEO and Co-founder, Paisabazaar. com says, “Interest calculation on education loans starts as soon as the amount is disbursed to you. However, it gets accumulated till the end of the moratorium period. Once you start paying interest, you can start claiming tax benefits.”

Flexible terms Unlike in public sector banks, the process of education loan in Axis bank is highly flexible. Each education loan is tailored to meet the unique education needs of every student. No processing fee Unlike other private banks, Axis Bank does not charge any processing fees for disbursal of education loans. In addition, the applicant does not need to pay any pre- payment charges.


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FEATURE

Teaching as a Career

Teaching is considered as one of the most respectable and noble professions in India. Those who want to become a teacher or a professor should be honest and true to themselves as this profession can make or break anyoneâ&#x20AC;&#x2122;s life and career. Ritika Arora Bhola, in this article explores skills and qualities required to become a teacher, eligibility criteria, job prospects, pay packet and more 24 < CAREERCONNECT < January 2017


FEATURE

January 2017 < CAREERCONNECT < 25


FEATURE

A

teacher is never an ordinary person. Const r uction and destruction can be produced in his lap,” a quote by Chanakya shows the power of teachers and teaching. Teaching is a very important activity on which the base of any nation and culture is established. The word ‘teaching’ means the work of a teacher is to provide knowledge and guidance. It is one of the oldest and noblest services to the society in any culture. The word ‘profession’ means ‘a paid occupation’ and ‘duty’ means ‘a

2. 3.

4.

It’s always been the duty of teachers to bring students on the right path and make them a responsible person. Teachers should be of good character, ready to apply themselves in an enthusiastic and dedicated manner and are ready to work hard.

your efforts are so immediate and rewarding. The job is varied, with different experiences every day. Teaching is fun. Also, there are plent y of oppor t u nities to be creative in conveying information to young people. One can become an inspiration for others. You can inspire students in the way you were inspired to take teaching as a profession. Many teachers in the survey said that it was one of their teachers that had inspired them to enter the profession. 5. Teaching enhances knowledge. You can impart that knowledge to others. Do you love the subject you’re studying? Teaching could be a great way to pass on your knowledge to others. 6. The rewards of teaching are evident. All you need to do is watch your students get a right answer, ace a test or speak confidently to know that you’re making a difference. 7. Teachers have countless tools at their fingertips to maximise both learning and teaching. They’re incorporating new technologies and techniques into the classroom to improve student engagement and performance. They’re also collaborating with peers to develop better ways of teaching while stretching their own professional growth. Not only do teachers make an impact every day, their influence stays with students for a lifetime. A great teacher can help a student to pursue a career he or she chooses. Teachers can bring passion and perseverance to the classroom every day.

moral responsibility.’ Therefore teaching is: 1. A process to impart knowledge and information 2. A process of causing change 3. A process to instruct and guide others Teaching aspirants are required to possess few qualities and skills in order to succeed in their career.

8.

Teaching as a Profession

There was a time when teachers were used to be called as ‘gurus’, since overall growth and personality of a student used to depend on teachers’ teachings and guidance. It’s always been the duty of teachers to bring students on the right path and make them a responsible person. Teachers should be of good character, ready to apply themselves in

Interestingly, a recent survey found out that more than 800 teachers across Delhi/NCR feel, teaching is a great career because: 1. Teaching provides an opportunity to work with young people and make a difference in their lives. Teaching is one profession where results of 26 < CAREERCONNECT < January 2017

Qualities and Skills Required

an enthusiastic and dedicated manner and are ready to work hard. To be a good teacher you must be able to relate well to children and enjoy working with others. You need to be enthusiastic and creative. Patience, tact and a sense of humour will help you through the harder times. You should be willing to learn and ‘have a go’. Principals and employers look for a range of skills as well as expertise when they select staff. If you have interest in sports, dance or drama, you may be able to use these to advantage in the school or early childhood centre. Teachers should also possess knowledge of IT. Good teachers are guides for students exploring and learning from the vast knowledge available not only in their local area, but also worldwide.

Skills and Qualities • • • • • • • • • • •

Be good at explaining things to others Be a people’s person and enjoy working with a wide range of people. Enthusiasm Have strong knowledge in particular subject areas Be a good time manager Ability to work in a team as well as using your own initiative Keep yourself cool under pressure Enthusiasm for the subjects you teach T he abi l it y t o develop go o d relationships with pupils, parents, carers and colleagues A strong commitment to equal opportunities Creative ideas to inspire the children

Eligibility Criteria

There are three main pathways to qualify: Primary Teaching 1. O ne ca n opt for a fou r-ye a r undergraduate teacher education degree program (e.g. Bachelor of Education). 2. A double-degree program under which you study for two degrees (includes teacher training course). Most universities offer this option nowadays (eg Bachelor of Arts with Bachelor of Teaching). 3. An academic degree, like a Bachelor of Science or Bachelor of Arts,


FEATURE

followed by a one-year or two-year postgraduate teacher education course. 4. A ‘pathways’ course allowing those with an approved diploma in children’s services to complete a degree in early childhood education. Secondary Teaching If you want to be a secondary teacher, you may also need to keep in mind which subjects you are interested in. There may be a range of units available for each subject area. In selecting which ones to study you might consider its relevance in teaching. Physical Education, Technology Studies, Studio Arts or Music etc. are usually taken courses that are subject specific. Physical Education studies are often combined with a four-year Bachelor of Applied Science (Physical Education). For secondary teaching you can gain industry experience in a vocational area and link this with a teaching qualification. This is most applicable to teaching in the technology studies or vocational studies (e.g. qualifications and experience in trades such as automotive systems, woodwork, metals, electronics or hospit alit y combi ned with the completion of an approved qualification in technology education). Special Education Teaching To qualify as a special education teacher you could complete an initial four-year degree program that includes special education studies and methods. Some special education teachers first qualify as a primary or secondary teacher and then undertake postgraduate study to obtain additional qualifications in a particular special education field. This study is usually undertaken after some teaching experience. Early childhood teaching To qualify to become an early childhood teacher you generally need to complete at least four years of tertiary study, including at least one year of teacher education course.

Teaching – Job Prospects

According to the Bureau of Labour Statistics, the job outlook for teachers r a n g e s f r o m go o d t o e xc el l e n t , depending on the grade level being taught, although job opportunities will vary regionally.

High School Teachers

Kindergarten and Elementary The Bureau of Labour Statistics expects new jobs for teachers in the kindergarten and elementary grade levels to grow by around 17 per cent between 2010 and 2020. The statistics bureau attributes some of the growth in these jobs to reductions in student-teacher ratios and increases in enrollment. Regions with the greatest growth should be the South and the West, while the Northeast is likely to experience declines in new job opportunities for kindergarten and elementary school teachers.

The Bureau of Labour Statistics projects slower growth in new jobs for high school teachers that is at seven per cent between 2010 and 2020. Job growth will likely be constrained by state and local budget considerations. Teachers who are qualified to teach science and math-related courses, such as chemistry and physics, should have increased employment opportunities.

Post-secondary Teachers

Teachers at the post-secondary level t y pica l ly t e a ch ab out a s p e ci f ic subject. They might teach in colleges,

Top colleges offering courses in Teaching Lovely Professional University, Chandigarh Indra Gandhi National Open University, Delhi Amity University, Mumbai Bombay Teacher's Training College SNDT Women's University Oriental Education Society HK Institute of Management Studies & Research Chembur Sarvankash Shikshan Shastra Mahavidyalaya Pillai's College of Education & Research REVA University

Middle School Teachers

Middle school teachers typically teach students in grades six to eight, although there might be some overlap with elementary school teachers. Growth in new jobs for middle school teachers is also projected at 17 per cent between 2010 and 2020, according to the Bureau of Labor Statistics. New job openings are expected to result from the retirement of older teachers. Middle school teachers who are qualified to teach special education or English as a Second Lang uage should have increased employment opportunities.

universities, community colleges, vocational schools or technical institutes. The Bureau of Labour Statistics projects 17 per cent growth in new job opportunities for post-secondary school teachers. Competition should be intense for tenure-track positions, but the statistics bureau expects greater employment opportunities for adjunct and part-time professors.

Pay Packet

A teacher earns an average salary of INR3,00,000 to INR5, 00, 000 per year. People in this job generally don’t have more than 20 years’ of experience. January 2017 < CAREERCONNECT < 27


EDUCA

FEATURE

Education sector in India, especially the private education sector, has lived itâ&#x20AC;&#x2122;s life in oblivion throughout the years as they seem to have been draining the cash out of parentâ&#x20AC;&#x2122;s pockets in the name of certain fees. The demonetisation drive swept away most of the unaccounted cash that big institutions have been hoarding all this while. Tariq Ahmed talks to experts in an attempt to gauge the perimeter of the impact of demonetisation on the education sector in India

28 < CAREERCONNECT < January 2017


ATION

FEATURE

NOT SO IMMUNE

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n t he a f t e r m a t h of t he s u d d e n demonetisation d r ive by the Government of India, certain sectors have emerged as clear winners while others are still struggling hard to make a comeback. Ceasing the usage of high-value notes as a form of legal tender has had a tremendous impact on our day to day lives. Be it imports, farming or trade: there is hardly any sector that was not affected by this sudden decision by the government. And while everyone was busy talking about the impact of demonetisation on the economy and different core areas of the economy, we nearly forgot about its impact on the education sector of the country. Money in the Indian education ecosystem might f low in several ways. For instance, let’s take the example of the fee structure for a private educational institution. The fee structure will most definitely be comprised of seve r al compone nt s — a d m ission fe e, tuition charges, transportation charges, hobby activities fee, money for uniform, to name a few. The aggregated amount paid by parents is disbursed in different bank accounts based on the various fee elements mentioned herewith. This payment by parents is in part cheque or demand draft or digital, and in part cash. With the demonetisation of higher value bank-notes, a lot of hassles will get sorted for both the institutes as well as parents. On both the ends, the cash management gets eliminated and there is total management system accountability for the money trails. Auto debit to the payer account and credit to the receiver account ensures that there are no chances of any revenue leakage in the system. In addition, it will ensure that capex

(capital expenditure) and opex (operational expenditure) accountabilities are assigned to the right heads rather than facing issues of reconciliation. Rishi Kapal, CEO, EDUGILD, an ed-tech accelerator, opined, “One of the key advantages of the demonetisation step is that it will create a level-playing field for aspiring and deserving students, who are unable to pay capitation fee, which has been widely prevalent in the Indian private education system.” Capitation fee is a transaction whereby an institute that provides educational services collects a fee that is more than what is approved by regulatory norms. In simple words, this is the money paid to the educational institute by parents of such students who have underperformed in their academics, but who get admission based on capitation fee. It is commonly called donation, and some times the amount is more than 100 per cent of the usual fee. Capitation fee is widely accepted in two segments of the education system—nursery admissions and professional higher education. “For the first time, it is going to get impacted in a big way,” said Madhavi Lokhande, Dean, Welingkar Institute of Management. “This move is expected to make education affordable to meritorious students akin to what it will do with the real estate market,” said Lokhande, a professor specialisi ng i n f i na nce a nd entrepreneurship. She said that institutions will find it difficult to sell the so-called management quota seats. Most private institutes prefer cash from the students in case, a seat is allotted under the management quota. Moreover, parents having unaccountable income also prefer the same January 2017 < CAREERCONNECT < 29


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Suneet Singh Kochar, CEO, Fateh Education

“The unaccounted cash is largely used for living cost abroad and this move will impact the decision of some. Some aspirants are of the view that the situation will settle down in six months and if that does not happen, the foreign education plan may get affected for a segment of aspirants”. mode. In many institutions, especially in private medical colleges, there are cash vending machines for counting of huge number of notes, as they charge about Rs1 crore-Rs 3 crore for a single MBBS or MD seat. According to parents, even colleges running courses like BA, BCom and BSc on no-grant basis, tell them to pay half amount of fees in cash. They also extort money from the students under one or other pretext like the capitation fees, building funds and others. Raju Davis Pereppadan, Chairman of the Kerala-based Holy Grace Academy, that r uns a chain of professional colleges, said the gover nment move will impact the sector. He asser t s t hat seat s a re being sold for INR 2 lakh to INR 2 crore, depending on the streams and specialisations. “While an MBBS seat goes for between INR 40 lakh to INR 60 lakh, in some medical colleges, an MD seat has a price that ranges up to INR 2 crore. Similarly, engineering and management stream seats have a rate between INR 2 lakh and INR 10 lakh each,” he said. He, however, said, “Some in the education sector believe that there is a cost to what has happened but its impact may be temporary - may be for a year or two.” And after that? “Those who believe in black money will find some other means. Gold may replace cash in the capitation fee market,” he said. Overall, the sector will feel the heat—fee control by states and no capitation fee may create a situation where the quality of institutions may suffer, he said. The f low of Indian students to foreign countries may also dwindle in the coming months because black money is also used to fund student 30 < CAREERCONNECT < January 2017

expenses when they are st udying abroad. “We have received several queries from aspirants on the issues and high net worth individual clients are more worried than normal middle class families,” said an education consultant in New Delhi, who declined to be named. Suneet Si ngh Kochar, CEO, Fateh Education, a foreign education consulting firm, said the move may impact the US and the UK education market as these are top destinations for Indians and the fees are relatively high. “The unaccounted cash is largely used for living cost abroad and this move will impact the decision of some,” he said adding that the situation will worsen if the cur rent at mosphere prevails even after six months. “Some aspirants are of the view that the situation will settle down in six months and if that does not happen, the foreign education plan may get affected for a segment of aspirants,” Kochar added. It is also seen that, of late, students, academicians and authorities from var ious academic instit utions are

unanimous that its overall effect on education has been positive. However, most agree that there are several initial hiccups that have to be faced before the hurdles are crossed. The decision to withdraw high value bank notes will not hurt just those educational instit utions who accept donations and capitation fees. Prashant K, who works for the Indian School Finance Company (ISFC) Pvt Ltd in Bengaluru says “Our EMI amounts are like INR 15,000-20,000 at times and people are not able to collect that money to pay us back. Very few people can use the Electronic Clearance System (ECH). Our collection cycle is getting delayed due to this. I don’t know for how long this will continue but it’s proving to be very painful for the moment.” He adds that, contrary to perception, there are still many in the country who do not have the digital acumen to make their EMI payments online. However, the advantages are there to be found. “Now that all transactions will have to be accounted for, there will be a curb in commercialisation among


FEATURE

Rishi Kapal, CEO, EDUGILD

One of the key advantages of the demonetisation step is that it will create a level-playing field for aspiring and deserving students, who are unable to pawy capitation fee, which has been widely prevalent in the Indian private education system.

Positive impacts on education sector: The decision of the Central Government to withdraw high-value bank notes to curb unaccounted cash will hurt education institutions that accept donations or capitation fees for admissions. Accepting and accounting donations will become difficult because of the demonetisation drive. Education sector was not immune to the Indian theory of ‘you can buy everything with money’. This move of demonetisation will definitely curb this mentality of many in the country. Nursery admissions, private education institutions and professional higher education including medical and engineering are the segments which accept donations widely. For the first time, these segments are going to feel the impact in a big way. Source : TOI

both authorities and parents. Once commercialisation is curbed, there will be better quality of education in the long run. This will communicate a value system to the students,” says M K Sridhar, Former Director, Canara Bank School of Management, Bangalore University. He adds that, earlier, there was a kind of hopelessness and dissatisfaction among parents and students who could not afford certain educational institutions due to the requirement of donations and capitation fees. Many meritorious students could not make it to private institutions and professional courses like medical and engineering as they could not afford the fees charged through the backdoor. “There will be a dip in these activities,” he points out. In a nutshell, keeping in mind the current state of affairs, it can be predicted that the demonetisation move will streamline the education sector in India. Students who cannot afford huge capitation fees will no longer be deprived of quality education. It is expected that there will be certain guidelines for private institutions and their fee structure. And once the unaccounted cash is pumped out of the system, it will most certainly become a level playing ground for the meritorious students to receive the quality of education they deserve.

Private educational institutions take huge of amount of donations in cash which is 40 per cent to 50 per cent more than the fees of the course. We expect that demonetisation will impact the recipient. Admissions in private educational institutions and medical college admissions comes tagged along with donations without a glitch. The donations in medical colleges is usually more than 100 per cent of the fees. Demonetisation will impact both admissions and also the receipt. MBBS seats in some colleges goes for INR 40 lakh to INR 60 lakh, while MD seats has a range of INR 2 crore price tag on it. Similarly, engineering and management stream seats have a price tag between INR 2 lakh to INR 10 lakh each. This move can change the course of expensive education which can be made more affordable devoid of the capitation fee. The seats in the so-called “management quota” will not be up for sale by the institutions, instead will be in the hand of meritorious students. January 2017 < CAREERCONNECT < 31


FEATURE

Residential Schools Home Away From Home

In today’s demanding world, it might not be possible for parents, especially busy professionals, to give adequate attention towards their kids’ education. Therefore, boarding schools in India provide the right solution by giving the children a homely environment and quality education, while developing their overall personality. Nikhil Mishra tracks the dynamics of the system of residential schools in India and their importance in shaping the overall personality of students

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t is often tough for a child to leave the secure environment and pampering of home and to go to a residential school. The anticipation and anxiety associated can be very stressful for a small child. However, such schools help a child to develop his or her overall personalit y, along with providing quality education and extracurricular training. Boarding schools give a child the perspective on how to become a successful team member as well as a future leader. A boarding school is a school at which most or all of the students live during the part of the year that they go to lessons. The word ‘boarding’ is used in the sense of “bed and board,” i.e., lodging and meals. Some boarding schools also have day students who attend the institution by day and return to their families in the evenings.Many independent (private) schools are boarding schools. Boarding school pupils normally return 32 < CAREERCONNECT < January 2017

home during the school holidays and often weekends, but in some cultures may spend most of their childhood and adolescent life away from their families. A typical boarding school has several separate residential houses, either within the school grounds or in the surrounding area. Pupils generally need permission to go outside defined school bounds; they may be allowed to travel off-campus at certain times. Such schools are often described as home-away-from-home, simply because, these schools provide similar environment and value-system that a child gets from his or her house.


FEATURE

In India, the tradition of sending children to boarding schools dates back to the era of Vedas and Upanishads, when the princes used to get their education from intellectuals or gurus in their ashrams or centers. This tradition was known as the Gurukul system, wherein the children were imparted education, along with physical and military training in the ashrams of the gurus. Once the students finished their education, they were allowed to go back to their homes. Some of the famous centers of such learning in India were situated in Nalanda and Taxila. Ta k i ng t h is age - old t r a d it ion for ward, many moder n schools in India were introduced, which focused on providing holistic education to the students. India boosts of many wellknown residential schools located in the favourable locales of mountains and valleys, providing the perfect serene environment for students to study. In the recent times, many new schools have also started their operations, often setting up at the outskirts of the urban areas or cities. This trend has helped parents to be much more relaxed as they could reach their children easily in case of any emergencies.

Benefits of Boarding Schools Residential schools provide value based educat ion i n a st ress f ree

e nv i ron me nt , wh ich e nable s t he st udents to deter mine their in ner talents and flourish them to the fullest potential. Residential schools really broaden the vision and enlighten the way to the future of a child by the totality of discipline. The role of management and teaching staff are very significant to build a residential school in the midst of educational and social aspect. The concepts and application of teaching, and the feature of organizational behaviour are most important for every children and the organisation. Boarding school life is the best way to develop the quality of self-dependence in children. At very early stages they develop decision making quality and mature thoughts. In these schools students live together and maintain their unity. Residential schools profoundly help in imparting robust social communication skills and teach children to take charge of their decisions under the right guidance. While at home, a child will receive the best upbringing and affection from parents, a residential school helps children to completely submerge themselves into an atmosphere that nurtures them well in every sphere. A child juggling with multiple activities w i l l b e c om e mu ch s m a r t e r a nd efficient. Apart from several benefits that a residential school can offer you, a few of them are: 1. Thorough academics: Stretching ch ild re n i ntellect u ally g ives r e sid e nt i a l s ch o ol s a n e d ge over normal schools. Rigorous academics taught in depth expands children’s outlook towards life. Ex p e r ie nc e d t e a ch i ng st a f fs housed within the campus become approachable for children leading to an increased interactivity and d isc u s sion , wa rd i ng away any kind of inhibition that a ch i ld s u f fe r s f r om . This promotes strong bonding and respect for teachers. 2. A mple of

Boarding school life is the “best way to develop the

quality of self-dependence in children. At very early stage they develop decision making quality and mature thoughts. In these schools students live together and maintain their unity.

Tradition of boarding schools in India

ext r acu r r icu la r act iv it ies: With many activities to choose from, a child gets to explore his talents and interest. S p o r t s h el p s ke e p t h e m f i t and i nstil camarader ie and sportsmanship spirit within them. By getting trained in a stress free environment, children broaden their vision and shar pen their focus. Extra activities also help them distract from homesickness a nd becomes a sou rce of entertainment. 3. Rou nd-the-clock super vision: Parents, mostly, tend to become ove r- p r o t e c t i ve a b o u t t h e i r children and keep a tab on their whereabouts, especially during their teens. The sit uation can give rise to conf licts between children and parents that becomes a hindrance in children’s independent decision mak ing abilities. Residential schools can brilliantly fill this gap by allowing children to pursue their interests within the confined safe campus of the school. Residential schools are also ideal for families where parents frequently travel for work. 4. Boarding schools make children independent. They would have the ability to take the right decisions. Most Indian children who grow under the shadow of their parents find it difficult to take their own decisions when they grow up. They find it difficult to cope with life when it is time for them to leave the nest and go to colleges in other places. Boarding school students don’t have these issues. January 2017 < CAREERCONNECT < 33


FEATURE

5. Parents opt for boarding schools for their children so that they get overall education. These days, schools have gone on a mission to be rank generating machines rather than providing them quality ove r a l l e d ucat ion . Boa rd i ng schools provide overall education that is much more valuable than ranks. 6. Boarding schools inculcate a sense of responsibility in children. Child ren in boarding schools follow a common regimen. Due to this regimen children would be able to take care of themselves. 7. Child ren in boarding schools would be exposed to a multicult u ral environ ment as students come from all over the country and even abroad. 8. The routine in a boarding school is predictable and this cannot be done at home. 9. Also, boarding school activities are not just limited to classrooms. T here a re mult iple act ivit ies that take place apart from the classroom. These activities help the students to stay away from distractions like video games, TV and others. Instead, they would be learning activities like yoga, sports, or horse riding. 10. S u r r o u n d e d b y a g r o u p of peers, there would be healthy competition, which would prompt 34 < CAREERCONNECT < January 2017

them to perform better. 11. With the right culture, a boarding school can create students who are self reliant, and independent. They would be proficient in sports and intellectual pursuits at the same time.

Things to keep in mind

It is an important decision to send the child away from the safety net of his or her home environment. Therefore, as a parent, a few things that one should take into consideration include: • Finding out about the safety and security features offered by the school. • Assessing the reputation of the school through alumni, parents of cur rent students and media reports. • Understanding the background of the faculty and management of school. • Taking a tour of the infrastructure provided especially the boarding house and mess. • A s k i n g p e r t i n e n t q u e s t i o n s regarding food, clothing, study times and sports facilities available to the students • Assessing emergency ser vices such as availability of clinics, doctors, nearby hospitals, as well as finding out whether the school conducts regular fire drills and other emergency evacuation drills.

Top Boarding Schools in India The Doon School, Dehradun

Bishop Cotton School, Shimla Mayo College, Ajmer Rishi Valley School, Chittoor Mayo College Girls School, Ajmer Sherwood College, Nainital Rashtriya Indian Military College, Dehradun Welham Girls School, Dehradun New Era High School, Panchgani Lawrence School, Sanawar


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January 2017 < CAREERCONNECT < 35


INTERVIEW

Be Career Ready With TimesPro TimesPro is an education initiative of the Times of India group aimed at revolutionising professional education. Anish Srikrisha, President, Times Centre for Learning Ltd in a candid interview with Tariq Ahmed, speaks about its emphasis on providing a unique education model and how they assure good placement for their students

W hat s et s you apar t f rom you r counterparts in terms of academics, infrastructure and other co-curricular activities? Unlike many conventional institutes, TimesPro cou rses lay emphasis on providing hands-on-training to students t h r o u g h s m a r t - cl a s s e s , p r o j e c t s , guest lectures, group discussions and simulations and making them job-ready from day one hour one. The unique education model of the MBA incor porates one year of classroom training and one year of onthe-job training which helps students develop analytical thinking, in-depth understanding of business and strategy, leadersh ip, tea mwork a nd develop ow ne r sh ip quot ie nt. T he prog r a m provides placement opportunities in leading financial institutions to students even before they enter into the second year of the curriculum. TimesPro with its strong corporate alliances ensures that once the students complete their first year, they get ample opportunities to begin their career with India’s leading banks, such as: • Axis Bank • HDFC Bank • IndusInd Bank • ING Vysya Bank • Kotak Bank • Yes Bank How do your professional courses help the students in their future endeavours? Professional educat ion or t rai n i ng provided by our institute prepares a student or a professional for a specific and specialised job. It helps them directly to develop expert techniques and skills related to all aspects of the trade, business or industry. Our on-thejob training courses make sure students have first-hand exposure to the recent market trends, which also leads to a 36 < CAREERCONNECT < January 2017


INTERVIEW

better understanding of the sector. Our Learning Centres are supported by state-of-the ar t inf rast r uct ure such as ever y classroom is f itted with technology for video streaming, speakers, microphones and other audio visual tools that facilitate interactive and innovative sessions. We also invest in unique workshops, simulations, debates as it engages students and develops critical thinking skills in them. The corporate sector in India is adapting inter national operations standards and every job profile is becoming ext remely def ined and specialised. With employers expecting the new recruits to fit in and start performing from the first day and first hour of the job, it becomes essential for aspiring executive professionals to have some hands-on experience before they step into the industry. We focus on building a combination of requisite skills and industry knowledge.

progressive career in the burgeoning sectors of ban king and f inancial ser vices, f inance and accounting and business analy tics. Focusing on the pressing need of job-ready candidates for the industry, graduates f rom t h is u n ique prog r a m have complete understanding of business processes. The program is designed to meet the challenges of dynamic corporate India and enables students to work full-time after the completion of the first year of the program. Additional certifications embedded in the course such as NISM, NSFM, DBF, CoreBanking Software and ET FinPro cer t if icat ion, enable st udents to understand, practice and use business intelligence on a daily basis. By adopting international study materials, the course creates a practical learning approach through group discussions and interactive sessions with industry veterans

How much pr ac t ic a l ex p o su re from the industry do the students get dur i ng the course of the programmes? A f t e r s p e nd i ng some t i me i n a professional life, it is in human nature to conform to a certain repetitiveness and to stagnate in a comfort zone. However, taking the management program compels students to come out of their comfort zone, deal with latest issues, apply the newest management t e ch n iq u e s a nd a l lows t he m t o constantly grow and rejuvenate. The management program p r ov id e s a n i n - d e p t h f i n a n c i a l planning, education and training. It will qualify graduates and working professionals to guide people along the spectrum of financial planning. The MFP educational cur riculum is an outstanding starting point to ensure that students are competent enough to give right financial advice. Graduates and working professionals can i m mensely benef it f rom the management program as it is primarily designed for people who want to help individuals make prudent investment decisions. We have jointly created MBA program, that aims at helping young professionals build a promising and

How do you plan to stay af loat in todayâ&#x20AC;&#x2122;s cut-throat compet it ion among the professional colleges? Organisational needs are constantly changing and so must the skills. In order to evolve skills, we educate st udents with our innovative and dy namic prog rams for cor porate training across middle and senior levels of organisations. Tell us about the significance of an industry-academia linkage for any college and how beneficial is it to students. Also tell us about your collaborations with other firms and institutes? Industry connect is a major focus in TCLL. We have an expert faculty comprising of industry experts from the BFSI sector every week. The idea is to enlighten the students about how a particular industry functions and prepare them for the corporate world. Such industry- student driven activities help our student to network with important industry people. Our programs bring to its learners curated study material taught by experienced faculty â&#x20AC;&#x201C; a combination best suited to match-up industry standards, in an optimum time. Times Pro has also been associated with universities of

Unlike many conventional institutes, TimesPro courses lay emphasis on providing hands-ontraining to students through smart-classes, projects, guest lectures, group discussions and simulations and making them job-ready from day one hour one. The unique education model of the MBA incorporates one year of classroom training and one year of on-the-job training. repute to offer MBA to graduates who wish to flourish their career in streams like banking and financial services, finance and accounting and business analytics, who are day one hour one ready. Timespro had several a ccompl ish ment s, Br a ndon Hall Group Bronze Award for excellence in the best use of games and simulations in vocational training and the award for the Best Upcoming Educational I nst it ute at eig ht h ASSOCH A M National Educational Excellence Awards, to name a few. Placement is a key factor driving admissions in professional institutes nowadays. How strong are you in the placement realm? There is unemployment, due to the fact that formal education does not prepare students for the requirements of jobs out there. Our courses serve as a link between education and the working world. It teaches job specific skills designed to enable a studentâ&#x20AC;&#x2122;s advancement in any career fields. Professional courses place more of an emphasis on the practical and the underpinning knowledge they need to understand to use these skills in their future careers. In the last four years, over 95 per cent of our student have been placed in the BFSI sector. January 2017 < CAREERCONNECT < 37


INTERVIEW

The room for

Unlike the corporate sector, where people are employed in an organisation for years, artists are fast-moving — they get employed for a few days or weeks at a time depending on the nature of the project. Launched in January, talentrack connects recruiters and performers through its website and mobile app. Vineet Bajpai, Founder, talentrack –a digital talent hiring platform– shares the idea behind streamlining creative services and breaking the godfather stereotype with Sana Husain 38 < CAREERCONNECT < January 2017

artis

To leave no stone unturned in identifying the young blood of creative and performing artists and showing them their rightful place; starting at 22, in Magnon Solutions, from an advertising corporation to building your creative talent-hiring empire and becoming the “spiderman of the web browser”, what made you exactly identify the need for talentrack and reach this coveted place today? The answer lies in the thriving, yet unorganised manner in which the hiring of creative services are carried out in India. Though the basic process is similar, the dimensions attached in hiring a creative personnel are vastly different than any corporate hiring. Selection, according to me is a better word rather than recruiting in this industry. Firstly, artists are mostly hired on a per-project basis, thus negating the scope of long-term employment. Furthermore, artists themselves are fast moving people, and they have different priorities, so it becomes difficult to identify and place them in a work that would interest them. As a result, talentrack was born to act as a provider of creative personnel, enlisting opportunities that can truly utilise their potential in a manner they desire. Also, the onset of digital entertainment platforms brought in the need for a variety of skilled personnel, with numerous shows being produced at a rapid rate. This also increases the demand for skilled artists, which is where talentrack comes in.

Do you plan to eventually break the godfather stereotype in the Media, Entertainment, Creative and Art (MECA) industry and how? More than breaking the godfather stereotype, talentrack aims to reduce the element of ‘luck’ which is so often used while speaking about the Media, Entertainment, Creative and Art space. It is almost a convention to first intimidate and then pressurise the new-age artists to struggle! The stories behind sleeping on benches or surviving on water, howsoever romantic, is not a pleasant experience, apart from not being compulsory. Creative skill services need streamlining in order to provide the best suited artist with a specific work profile. The huge media and entertainment chain existing in our country, if structured properly, can eventually break the godfather, or any other such stereotypes and misgivings people might have regarding the entertainment industry. With our affiliations at some of the leading production houses such as Disney, artists can hope to get handsomely paid as well. How did the Canadian-based investment f irm stumble about this project? Do you env ision


stic liberty expansion plans outside India? While Unigrowth is headquartered in Canada it is primarily an Indiafo c u s e d f u n d t h a t i nve s t s i n disruptive technology start-ups. They found the media & entertainment s pa ce pa r t icu la rly i nt e r e st i ng and happen to share the vision of talentrack. Talentrack is not the only investment Unigrowth has made in India. Its other Indian investments include agnitio and mesh8.

In your approach towards streamlining the hiring process, do you maintain a safe distance from the traditional setup of the MECA industry? W h i le o ne c a n not ig no r e t he conventional ways of a 103-yearold industry and the second biggest employment generator of the country with a projected value of about $100 billion by 2025, the MECA industry has a rigid and unsystematic resource identification process. With t alent rack, we ai m to provide a complete aggregation of the value chain, from enlisting the artists and professionals to the jobs, as well the valuation received by each artist, to regular updates regarding the opportunities available, talentrack will cover it all. Furthermore, we are planning to expand into digital medium content with our new digital asset Launchpad and emerge as the most lucrative platform for marketing all forms of media and entertainment franchises. A digital platform facilitates the hiring process, by overcoming the strenuous round of auditions. Is it really all that rosy a picture to paint for the budding artists? Any creative pursuit requires due diligence on the part of the artist. Talentrack is just a platform that provides ar t ists with different pursuits to choose from. While talentrack does not provide a shortcut

INTERVIEW

The stories behind sleeping on benches or surviving on water, howsoever romantic, is not a pleasant experience, apart from not being compulsory. Creative skill services need streamlining in order to provide the best suited artist with a specific work profile. The huge media and entertainment chain existing in our country, if structured properly can eventually break the godfather, or any other such stereotypes and misgivings people might have regarding the entertainment industry.

or a backdoor entry to auditions, it provides for an exhaustive onestop site wh ich en lists all the opportunities available. Also, with over 90,000 artists on-board, it serves as a huge networking platform for aspirants. Once placed by talentrack, can the artist always rely on this platform to explore their varied expertise into fields and move beyond the domestic arena to test their skills? talentrack enlists a host of different opportunities requiring various skill sets and at different levels. Thus, a person will find opportunities to utilise their skills which are relevant to the MECA industr y. The opportunities available here a r e e nd le s s a nd a r e r eg u la rly updated according to the updates p rov ide d by t he u se r, t hu s generating highly relevant opportunities for a member. January 2017 < CAREERCONNECT < 39


INTERVIEW

“Academia-industry linkage has been a core focus area at FLAME” At FLAME, the focus is on experiencing, learning, self-reflection and self-discovery by freeing oneself from the traditional ways of looking at things. Devi Singh, Vice Chancellor, FLAME University in an interview with Nikhil Mishra talks about the best practices and initiatives taken by the university to keep themselves aloft in the current education scenario

How important is it to have a strong ac adem i a - i ndust r y l i n k a ge for educational institutions and how it is beneficial to the students? It is ext remely cr itical to have a strong academia-industry linkage for educational institutions. The depths of these linkages help both, the institution and its students as well as the industry. For educational institutions, these linkages help in blending practical aspects of industry to academia, give insights into the skill-sets required by industry and thus produce quality g raduates, be on top of indust r y trends and thus enhance the quality of graduates, receive practical curriculum development insights, gain from the wisdom and experience from industry practitioners and get exposure to real world business problems and how to solve them. For industry, these linkages help in producing detailed research on problem sets or case studies that can be utilised in decision-making, reduce 40 < CAREERCONNECT < January 2017

Tell us about the faculty, library, IT and other facilities that you provide to the students? FLA ME pr ides itself in having a brilliant team of faculty scholars. As a research driven university, FLAME gives foremost priority to research and comparable investment in research opportunities. In addition to top-class teaching, many of our faculty consult leading national and multinational companies as well as conduct frontline research in their respective areas of specialisation. We have a pool of more than 70 full time faculty members f rom the best of the u niversities around the world including Harvard Un ive r sit y, St a n ford Un ive r sit y, Princeton University, University of Oxford, University of Cambridge, University of Chicago, Boston College, University of North Carolina at Chapel Hill, Macquarie University, Vanderbilt University, IITs, IIMs, MICA, JNU, Asian Institute of Management, etc. The library with its contemporary building, state-of-the-art hardware and software, and considerable size

undergraduate stu“Every dent at FLAME University

has to undergo multiple foundation courses, the aim of which is to equip students with the basic tools of logical reasoning, strengthen written and oral communication, and expose the students to develop an understanding of human society and culture.

recruitment cycles and thus training costs of manpower. Academia-industry linkage has been a core focus area at FLAME University. Every year, we host many renowned national and international personalities who share with students their experiences, and their professional and personal jou r neys which are veritable storehouses of information, inspiration and guidance. Some of them include Narayana Murthy, Dilip Shanghvi, Uday Kotak, Aditya Puri, Sajjan Jindal, Subhash Chandra, and Rakesh Jhunjhunwala amongst many others.

is the focus of attention and interest of all students, residents and visitors to the campus. The campus has full Wi-Fi connectivity including library, academic spine, IT center, special learning spaces, café’s, hostel buildings and others. The campus also includes a modern gymnasium and international class sporting facilities. A world class 18-hole golf course is a short walk away and golf is offered as one of the sports requirements. An excellent academic environment, the FLAME campus also houses well equipped studios for visual arts, performing arts, film making, recording and photography which are located in the academic area. A degree in Liberal Arts not only makes students effective thinkers and communicators, but it also enables them to enrich their interpersonal and analytical skills, adaptability and multi-tasking. Please comment. A liberal arts education aims to provide the skill sets that you have just detailed.


INTERVIEW

What is stated to be the USP of FLAME University? Education at FLAME University is anchored with liberal education. We believe in educating people for life by giving them the fundamental tools and techniques, borrowed from multiple disciplines that can be used in any stream of human endeavour.. At FLA M E, st udents can choose to specialise in two different areas. Undergraduate students at FLAME University can chose from over 250 major-minor combinations which is very unique in an Indian context. Currently, students can choose to specialise from 17 majors and 21 minors across social sciences, humanities, mathematics and natural sciences, business, communication management and the fine and performing arts. It allows them to combine programs with a research and academic focus such as international studies and psychology, with prog rams that involve more hands-on professional training in mass media such as marketing, advertising and branding, film and TV etc. This multi-disciplinary approach is followed across all programs of study

driven univer“Assity,a research FLAME gives foremost

priority to research and comparable investment in research opportunities. In addition to top-class teaching, many of our faculty consult leading national and multinational companies as well as conduct front-line research in their respective areas of specialisation.

These skill sets are applicable in today’s context as well as tomorrows. Every undergraduate student at FLAME University has to undergo mult iple fou nd at ion cou rses, t he aim of which is to equip students w it h t h e b a sic t o ol s of log ic a l reasoning, strengthen written and or al com mu n icat ion , expose t he students to develop an understanding of human society and culture and the forces that inf luence their evolution and development, provide an overview of the theories, principles and facts of our understanding of the material world around us, teach students to speak in multiple tongues for effective communication in an increasingly globalised world and develop their aesthetic sensibilities in the fine and performing arts. This is achieved by placing it in a multi-disciplinar y framework with readings borrowed from varied sources. St udents are afforded var ious opportunities to gain internship and study abroad experiences. FLAME Un ive r sit y s t r o n g ly b el ie ve s i n educating its students for life with a focus on holistic development.

at FLAME University. To provide this interdisciplinary platform of education, FLA M E Un iversit y has focussed on att racting an acclaimed group of scholars. At FLAME, we firmly believe that a fairly significant part of the student experience is predicated on access to faculty, e.g., opportunities for interaction, or feedback on academic work . I nd iv idu al at t e nt ion f rom professors makes a student’s experience more fruitful and fulfilling.

January 2017 < CAREERCONNECT < 41


INTERVIEW

Become a Great Leader: Learn Leadership Skills Apart from intelligence and confidence, in order to survive in the corporate world today, one needs to have leadership skills. Dr Mel Bull, Principal Lecturer and MBA Programme Leader Sheffield Business School, Sheffield Hallam University, UK, in an interview with Ritika Arora Bhola talks about the skills required to become a successful leader, need for higher education, importance of communication and emotional intelligence In today’s world, who is a successful leader? Success in business is increasingly about your ability to adapt the change. In the fast-paced world we live in, leaders and managers need to be able to predict upcoming trends and embrace new ideas. This has led to a significant shift in the dynamics of what it means to be a successful leader. Whereas the focus was once on specific traits such as confidence and tenacity, leadership is now understood from a more holistic, collaborative perspective. Being a great leader is about your ability to steer a team through periods of instability and change successfully by better understanding yourself and everyone you work with.The emphasis is no longer on an individual championing success as much as ever yone achieving a common goal together: It is recognition that you’re only as successful as your team. What are the chal lenges that an individual faces to become a successful leader? This new vision for what it means to be a great leader brings new challenges in how we inspire and teach the next generation managers. That is not to say that we need a ‘one size fits all’ approach – there are as many differences among successful leaders as there are personality types and leadership styles. However, changes in the way we all communicate as a result of technological and social change including social media, internet forums and smart phones have led to significantly different expectations about how we engage and interact in the workplace. If everyone isn’t involved in the process of change then 42 < CAREERCONNECT < January 2017

they’re unlikely to respond positively. How does one cope with social and cultural changes? As with any cultural change, it can be difficult to modify people’s views on what it means to be a great leader. Among these cultural difficulties is the message that it is acceptable to fail. Showing weakness would once have been considered a negative trait in a leader but your approach to failure is key in demonstrating that managers are human and not infallible. Innovative ideas rarely work perfectly the first time when they’re implemented. In fact, being creative is partly about learning from mistakes and picking yourself up for the next idea. Many major breakthroughs occur as a result of hundreds more failed attempts that never make the headlines. To be really successful, you need to accept and understand where you went wrong and why it didn’t work.

The emphasis is no longer on an individual championing success as much as everyone achieving a common goal together: It is recognition that you’re only as successful as your team.

What is the importance of emotional intelligence? Emotional intelligence is more than a new buzz phrase in leadership and management. It cuts to the core of the most important aspect of any business success: ‘u nder st a nd i ng people’. Whether we are talking about clients or team members, all of your interactions will be much smoother if you have been able to gain the trust of whoever you are working with. To be trusted, you need to be yourself, to be authentic. It’s vital for aspiring managers to spend time ref lecting on how they respond in certain situations and how their response affects other people. In the 21st century, everyone is used to having their say. In the world of social


INTERVIEW

media, we all communicate more than we ever have before. Traditionally, organisations have been structured hierarchically so ideas and strategic direction come down from the top. But consider how much more likely you are to embrace change when the idea was yours and how much more you’ll invest in making your idea a success. Tr ue leaders aren’t th reatened by creativity, even when the idea doesn’t come directly from them.Leaders who don’t provide a forum for employees to share their views and suggest ideas for change are often overlooking their greatest asset. Communication plays an important role. Can you elaborate? Communication is another vital aspect of being a great leader. Encouraging team members to challenge the norm can be difficult to manage and will inevit ably involve some diff icult conversations. Some managers struggle to listen to the views of their team in a meaningful way. It needs to be more than asking for feedback on a strategy but giving team members t he opp or t u n it y t o shap e f ut u re direction themselves. They may have a better understanding of things than

senior managers what the operational barriers are and what needs to change before a new strategic approach can be successfully implemented. It may be uncomfortable at first but the creation of a safe, reflective environment will support this f low of ideas.Whether their ideas are taken forward or not, people will feel more engaged with an organisation’s objectives if they feel able to genuinely influence them. Though emotional intelligence, authenticity and collaboration are impor tant leadership t raits, great leaders should be prepared to be decisive when it counts. There are times when it is up to a leader to make a call quickly and there is not always time for collaboration. Decision making will be all the easier when you know your team’s strengths and weaknesses well and you have established a relationship of trust. How higher st ud ies help an individual to become a successful leader? Postgraduate study is a fantastic way to ref lect on leadership approaches in a supportive environment. When you’re re se a rch i ng a m a st e r s i n business or management, be sure to

True leaders aren’t threatened by creativity, even when the idea doesn’t come directly from them. Leaders who don’t provide a forum for employees to share their views and suggest ideas for change are often overlooking their greatest asset. check that the course focuses on the importance of developing skills in personal and professional leadership practice and emotional intelligence. These approaches can be learned in the workplace but masters study will act as a catalyst so you are familiar with leadership practices and strategies more quickly. When it comes to being a great leader, always think about what kind of leader you’d like to work for, what approach would inspire you and remember those qualities in the way you manage and lead your team.

January 2017 < CAREERCONNECT < 43


INTERVIEW

“Teachers must be trained to use technology appropriately” the delivery of education to meet the new desired learning outcomes.

Educationist Ranjit Dass, who holds the Oxford degree has years of experience of imparting knowledge among students. Founder and Principal of Nath Valley School and Member of the Planning Committee for the District Primary Education Programme, Aurangabad, talks to Ritika Arora Bhola about the present scenario of Indian education system, initiatives taken by the Indian Government and private authorities, skills required by the students and role of technology

Please comment on the present scenario of Indian education system. Where do you see the graph moving in the coming years? The Indian education system is in the process of reformation. Educators and policy makers have realised that the 20th century system of education must adapt itself to the 21st century needs. I feel there is going to be a big shift in 44 < CAREERCONNECT < January 2017

The concepts of smart classrooms and smart technology have evolved. Technology plays a key role in today’s education system. Do you agree? Many colleges and institutions have adopted new technolog y. Please throw light on the same. Yes, I think technology has augmented classroom teaching. However, it cannot take over the classroom completely. Teacher s mu st be t r ai ned to u se technology appropriately. W hat are the pros and cons of bringing in new technology? Where do we stand if we compare with global standard of education? The main advantage of technology is i nst a nt access to i nfor mat ion. Secondly, students get excited when they see a screen with animation that brings to life the subject of study. However, these same devices and screens can become addictive and lead students into ‘time-wasting’ diversions. Therefore, use of technology has to be properly monitored. What are the skills that students require considering high competition? The main skills the students require are the three ‘C’s – Communication, Collaboration and Creativity. This means students must have emotional intelligence and the ability for team wo r k . T he y mu s t a l s o h ave t he curiosity and patience to keep learning beyond the assigned syllabus. W hat accord i ng to you are the initiatives taken by the government and pr ivate author it ies for the bet terment of Indian educat ion system? The initiative taken by the government and private institutions to improve Indian education is the move towards

Educators and policy makers have realised that the 20th century system of education must adapt itself to the 21st century needs. I feel there is going to be a big shift in the delivery of education to meet the new desired learning outcomes CCE (Continuous Comprehensive Evaluation). This evaluates personality and higher order thinking skills, rather than only traditional assessment of IQ and memory. This will definitely go a long way in preparing students for the demands of the 21st century.


INTERVIEW

Technology has made students’ life simpler, effective Smart class education is a boon for students of the 21st century. Technology has dramatically changed the way of communication. Internet is a blessing for kids’today,” feels Gavin Dabreo, CEO, MindChampion Learning Systems Limited (MLSL) NIIT Ltd. In an exclusive interview with Ritika Arora Bhola, he talks about how the concept of smart classrooms has gained immense importance, user-friendly facilities; India reaching global standards of education and importance of technology

From last few years the concept of smart classrooms has gained immense importance. Please elaborate on the smart techniques that MLSL offers to the schools across India to make learning process better and easy for students? Smar t class education is a boon for students of the 21st century. Technology has dramatically changed the way of communication. The right use of internet and computer is a blessing for kids today. Blended learning through use of both off line and online will be increasingly seeing acceptance in our country. We are focused on building such solutions for school children. At MLSL, all our products give an integrated academic access to each of our schools and their school children. This effectively means children can access their academic content at home and in the school in an interactive and holistic format. We offer wide range of school learning solutions as given below: Assessment Solutions: This is called as Practice Plus. It identifies a child’s weak area in an academic test environment. The solution centered on student, engages all the stakeholders involved in the teaching learning process ranging from teacher to

parent. This anytime anywhere platform makes it possible for student’s teacher to go through the assessments, practices and personalised reports. IT: This solution is a curriculum based content program that encourages students to go beyond the text books and equips them with skills required based on a unique PACE methodology for shaping the future careers. It is focused on improving IT skills with a multi-disciplinary approach. Interactive Classroom: It is a revolutionary content offering that empowers school teachers to deliver in class learning with the help of world class digital content. English Plus Language Lab: It is a platform where comprehensive and interactive digital content catering to the listening and speaking skills, is used in a stimulating lab environment. Are these facilities user-friendly? Can students of all age groups use these facilities? Our products offer an integrated solution to address the need of all key stakeholders within the education realm which includes students, teachers, school management and parents. Tell us if this initiative is only supported by private authorities. Is there any support from the government in general? Yes, we have partnered with the State Governments of Tamil Nadu, Karnataka, Andhra Pradesh, West Bengal, Assam, Meghalaya, Himachal Pradesh, Chhattisgarh, Tripura, Bihar, Maharashtra, Delhi, Orissa, Gujarat, Rajasthan and Uttar Pradesh covering more than 17,000 public and private schools to bring cutting-edge IT Education using state of art computing resources to more than 1,00,00,000 students across rural and urban India. We have deployed over 80,000 computers in schools across the country. We have designed and developed courseware and textbooks in

many Indian languages. Technology has become an integral part of education. Do you agree? Yes, we agree. Technology has come up in a big way. It has become an integral part of education and is a boon for students. Not too long back, a classroom meant assignments, blackboards and chalks, heavy duty lectures, etc. Today, things have become a lot different. Now students are active users of technology and are confident in displaying their skills amongst their peers and teachers. Simultaneously teachers play the role of a facilitator, guiding students through planned assignments and tasks with instructional support. Hence, we can say that technology has made their life simpler and effective. Many schools and colleges across India have adopted this emerging concept. Do you think it will help India reach global standards of education in the coming years? Yes, it will. India is transforming and the major reason behind this transformation is the use of technology to revolutionise every industry, be it information technology, health care, or education. India’s online education market size is expected to touch US$ 40 billion by 2017; hence there is no denying that Ed-tech has immense scope, scale and flexibility. Companies like us (MLSL, a 100 per cent subsidiary of NIIT Ltd) will continue to revolutionise the space with cutting-edge products and solutions. We think technology can be used to provide r ich media content and accessibility thereby making the teaching and learning process fun and interactive. This will help them bring the best out of every student. The idea is not to replace teachers but make learning more engaging for students while helping the teachers do their job consistently. January 2017 < CAREERCONNECT < 45


INTERVIEW

PARFI Reaches for India PanIIT Alumni Reach for India Foundation (PARFI), is a nation building initiative by the pan India IIT Alumni to implement and scale self-sustainable models for enhancing the incomes of underprivileged by imparting skills to them. Hari Padmanabhan, Executive Chairman, PARFI in an exclusive interview with Sana Husain talks about their vision, vocational training schools for skill development and a lot more Do you see a success story being written by PanIIT Foundation as it is working towards crating selfsustainable models for enhancing the incomes of under-privileged? We are writing a success story in creating employ ment by capacit y building and sustainability. PanIIT foundation implements and scales selfsustainable models for enhancing the income of under-privileged youth by training them in various technical skills like construction, medical services, logistics, electrical and others, to get assured placements. We provide short-term training in a residential Gurukul setup through 100 per cent loan financing by NABARD. PanIIT foundation is a 100 per cent demand led model – we first partner with an organization to act as employer to the trained candidates to ensure complete placements and then the modelisation and training takes place. Post training, the candidates join the employer in India and abroad and pay a nominal monthly EMI through standard deductions from their monthly salary to repay their loan. This cycle creates a revolving fund for training newer candidates, fulfilling the vision of getting loan for the poor.

such as simulators and augmented technology along with work site like infrastructure. These Gurukuls are run by ex-servicemen who continue their service to the country by shaping youth into skilled personnel with patriotic values and work ethics with the help of trainers. So far Pan IIT Foundation has successfully trained over 8,000 youth and placed them in various sectors of the industry, now we are looking at setting up more skill training centers across the country.

Would you like to talk about the path-breaking initiatives that PanIIT Foundation has covered so far? As we are a social enterprise with a mission to en hance incomes of the underprivileged, our rural skill Gurukuls are open for admission only to BPL students who are unskilled and typically have not passed the upper cutoff of class X. Technical skills are taught to dropouts and uneducated illiterates in job roles such as driving, construction, weldi ng, cater i ng, plu mbi ng etc. This demand led technical training is imparted using the latest technology

Have you set any benefit targets for the year on a monthly or yearly basis? Please share the relevant statistics of the same and preferably some of your latest developments or achievements. We are looking at 10,000 candidates to be trained and placed domestically and abroad in the coming two to three years. As an organization, our focus is on delivering quality to both the candidate & the industry. Hence scaling at the cost of dipping quality is a complete no to us. We are looking at creating small, steady and sustained impact to the society.

46 < CAREERCONNECT < January 2017

Considering PanIIT Foundation’s vision statement, do you believe that an NGO’s vision should evolve with time? Over the years there has been a debate about the financial sustainability of NGOs around the world as it poses a tough challenge to continue in fulfilling their mission over time and, in doing so, have they been able to meet the needs of its key stakeholders – particularly its beneficiaries and supporters. Large number of NGOs have mushroomed in India which has led to increased competition to get their share from the limited funds available with these donor agencies since funding from these donors are volatile in nature as it mostly depends on the political environment and policies of the country. Factors such as war, internal conflicts, bumpy economic growth and changes in government and state policies also have their share of adverse effects on NGO funding, putting both the activities as well as the NGO’s functioning at risk. The community on the other hand also ends up becoming increasingly dependent on the NGO funds which ultimately lead to the failure of the whole sustainability model and paralyses the end beneficiaries. Therefore, in today’s environment, NGO’s should restructure themselves to become more sustainable rather than relying only on the donor. Do you believe that nation-building comes at the cost of sacrif icing lucrative corporate careers? Nation building does not necessarily come at the cost of sacrificing lucrative corporate careers since it has its own aims and motives. People who join PanIIT foundation want to use their careers to have a positive inf luence on the society and contribute towards creating a better world.


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GUEST COLUMN

Fulfill your dream: Be an Entrepreneur in Beauty and Cosmetic Industry

T

oday, every female is achieving what they are aspiring from their life and many of them have chosen to be an entrepreneur by breaking all the stereotypes to prove themselves at every step. One of the industries which is booming is the beauty and cosmetic industry, wherein people always had a notion of opening a small parlor in their streets. Women have made an attempt and prove that beauty industry is much more advanced and plays a role in career growth too. They have accepted challenges, the roles and responsibilities coming in their way and at the same time building their own identity and reputation in this industry. Beauty and cosmetic industry plays an important role in generating lot of job opportunities to the people who have keen interest to make others feel beautiful. The demand of modern women is increasing in a way that they are becoming conscious about their skin, hair and their overall appearance. Therefore, many entrepreneurs are coming up with new ideas and innovation to make their clients happy by satisfying their needs and requirements. The level of income is also on higher scale since men and women are ready to pay for the services.

Challenges

Success in any industry comes with hard work and patience. The beauty industry is dynamic and there are no set rules to achieve success in this business. An entrepreneurial skill demands to build up strategies, counter at every step and take a risk to move ahead. 48 < CAREERCONNECT < January 2017

Each and every industry has its own set of challenges and so do the beauty industry. It is not so easy to own a salon if you really aspire to make it a brand. It is one of the seasonal businesses during winters when most of the Indian marriage takes place. One cannot be reliable during specific months of the year but have to think overboard to get profits during off season. The owners have to find out a way to promote their business differently from their competitors in the market. Another set of challenge is what other best services can be provided to your clients. The owner has to be involved at each and every activity and ensure things are happening according to the plans. Since, the competition is high and one has to be market updated every time to set a benchmark for their business to grow.

Demand It is one of the businesses which have its own role in everyone’s life and so its demand is also high. Indian women are so obsessed with the latest beauty and cosmetic treatments that they prefer not to avoid it at any cost. Due to which every salon is offering their best services and treating ladies according to their needs. Many Indians, get attracted towards the latest enhancements done by celebrities and they also aspire to have the same treatment for themselves, which is ongoing trend in the market. Owners definitely keep themselves upgraded and the result is expansion of business due to a lot of demands from the clients.

Tips to open a salon Success in any industry comes with hard work and patience. This industry is dynamic and there are no set rules to achieve success in this business. However, the knowledge about beauty and cosmetic industry, past in hand experiences definitely add on a ladder of success. At the same time, you cannot be casual, in fact, plan and execute to make your brand successful in the market. An entrepreneurial skill demands to build up strategies, counter at every step and take a risk to move ahead. You can surely keep some tips in mind before starting your own salon: • First and foremost is the location to open a salon. It will directly decide your target audience and direction towards the development of grass root of becoming an entrepreneur. • Make yourself aware about the latest trends, customer demands in terms of products and services. • You need to think of aggressive PR and marketing of your brand, either through traditional media, digital or both. The overall branding is required to establish it in the market. • Of course, figure out your unique sel l i ng poi nt ot he r t ha n you r competitors to stand out in the market.


Factors influencing women entrepreneurs Some of the encouraging factors are: 1. Desire to do something 2. Need for independence 3. Availability of finance 4. Concessions and subsidies given by the government Some of the forceful factors are: 1. Unfortunate family circumstances (death of husband or father) 2. Financial difficulties 3. Responsibility towards family 4. Late working hours (if any event)

How much one can earn?

One needs to decide whether they want to become a freelancer or set up their own business. Freelance rates vary per project and market. As a beginner, you can try to minimise taking unpaid projects. Later on, you can start with paid projects but do a research on your local market for the average salaries and rates and donâ&#x20AC;&#x2122;t undersell your work. If your dream is to own your own salon, know that a six-figure income could come with it. Whether you want to buy into a franchise business, take over an existing business or start from scratch; owning your own business can be a challenging and rewarding venture too. Later, after your success, you can start working with top models or celebrities which can take you to greater heights. Working your way up to these heights can also lead you to product endorsement deals, developing products of your own or writing books. Before getting there however, many artists apprentice other celebrity professionals or work their way up to be represented by high-profile agencies. This is a competitive facet of the beauty industry as it is the goal of many beauticians.

Conclusion

Womenâ&#x20AC;&#x2122;s entrepreneurship has a tremendous potential in empowering women and transforming society. Success in business makes women entrepreneurs financially independent and also give them the strength to overcome setbacks in life. The challenges and opportunities provided to the women of digital era is growing rapidly that the job seekers are turning into job creditors. Increasing socioeconomic awareness, need for additional income, utilisation of spare time, constant motivation by the government institutions education social status and the impact of role models are some of factors responsible for the development of women entrepreneurship in India. (The author is a famous celebrity makeup expert and Executive Director of ALPS Beauty Group, Indiaâ&#x20AC;&#x2122;s leading beauty care and education brand)

January 2017 < CAREERCONNECT < 49


GUEST COLUMN

O

Education Reform Need of the Hour

ur education system has anchored itself in the ways that the British colonisers gifted us. We are still where we were when the British exited this country. We haven’t deviated much from this substandard format of our education system. These gaps creep up to shake up the roots of a child’s education right from nursery to secondary school and have left hollowness in the sector as a whole. There are numerous teething problems in our system. In front of academic results, practical applications sometimes stand nullified or second to marks and percentages. The system has embedded rote learning in the minds of students. Plagiarism has become one of the most impending issues in the country. The ‘copy paste’ culture runs in the education system. None of these factors help the child to grow in a manner that knowledge must. Most importantly, what is largely missing is the stress on the “wealth within”. These issues spiral down to the huge chunk of educated youth who remain unemployable. Though Indian higher education system is the largest in the world in terms of institutions and third largest in terms of enrolment, we lack in innovation and making our youth employable According to a new report — The Pearson Voice of Teacher Survey — 57 per cent of students in the country are educated but are not adequately prepared for employment. The survey also said that 75 per cent teachers have called for a restructuring of course curricula in collaboration with industry and they felt that the country’s education assessment framework lacks specific action points for teachers and parents to enable holistic education. The one fundamental f law in our system is the rewards that crammers get. Our education system is geared towards teaching and testing knowledge at every level as opposed to teaching skills. “Give a man a fish and you feed him one day, teach him how to catch fishes and you feed him 50 < CAREERCONNECT < January 2017

R K Gupta for a lifetime.” Deviance is discouraged. Risk taking is mocked. Educators need to start recognizing original contributions, in the form of creativity, problem solving, valuable original research and innovation. If we could do this successfully, Indian education system would have changed overnight. Limited seat availability in primary, secondary and higher educational institutes adds further woes to the already troubled education system as it gives way to a cut-throat competition as students enter into the rat race for a decent job. Today, students have found a solution to the low availability of seats in our country and that is more and more students (6.8 lakh) are choosing to study abroad which consequently result in making the higher educational institutions and IITs lose roughly INR 50,000 crore, with a miniscule number of them choosing to return home. The structure needs reforms. Although the picture does seem dismal, there is still hope. Brains like Sundar Pichai, Satya Nadela and Indra Nooyi as the CEOs of major organisations such as Google, Microsoft and Pepsico; go a long way in proving that Indians don’t lack the caliber, just the initiative. The reform has to brought in every channel of education. The number of seats has to increase, the quality of education and educators have to be ramped up and duly reorganized. Education must be imparted for the zeal of it and not carried out as an exercise. India can improve its standard of

education if gates can be opened up to foreign universities to be set up in India. This will not only help the quality of education but also help the increase seat availability across streams. However, for any of that to happen, a person will have to focus on quality teaching which in turn would solve the problem. This in turn, would attract good people to take up teaching seriously as a profession and then only we can hope for a much better and truly educated India. It is unfortunate that the teaching profession in India is no longer considered as an attractive career option by young, bright people. India does not have a structured process of inducting newly qualified teachers. They receive next to no mentorship in their initial years of the profession. Regular teachers have minimal access to a professional network where they could discuss their challenges and learning with their peers. Most harrowingly, our teachers have very few opportunities towards career progression. A regular teacher may be promoted to the position of the principal of the school only on the basis of seniority, rather than performance. The National Council of Teacher Education (NCTE) should define a framework that articulates what competencies we want in a teacher at every stage (beginning teachers, and experienced teachers at different levels of experience), and in what ways we can structure systems within teacher training (at the teacher preparation stage, and during their career as part of continuous professional development) to build those competencies. T h i s wo u l d r e q u i r e a r o b u s t mechanism to ensure the quality of teacher education institutes as well as a reimagining of the key processes involved in the establishment of an institute, including it s recog n it ion, accred it at ion a nd affiliation. The writer is the Chief Financial Officer of Apollo Logisolutions


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STUDY IN INTERNATIONAL ENVIRONMENT WITH AFFORDABLE FEE

Regular Diploma & Degree Program Fee Per Year DIPLOMA IN ENGINEERING- Mechanical, Civil, Electrical, Electronics, Computer Sc. 35,000/Lateral Entry(for all Engg. Course) 35,000/- MBA (Including Foreign Tour) 97,500/65,000/40,000/- MCA BBA M.Com 35,000/30,000/- M.Sc IT BCA Microbiology 50,000/28,000/- M.Sc B.Sc IT M.Sc Physics 40,000/Bachelor Hotel Mgmt. 49,500/- M.Sc Maths 30,000/B.Com 28,000/- M.Sc Zoology 45,000/B.Com (Comp. Account) 30,000/- M.Sc Chemistry 45,000/Botany 40,000/B.Sc PCM B.Sc CBZ 22,000/- M.Sc M.Sc Geology 45,000/B.Sc Food Technology 45,000/- M.Sc Agriculture 50,000/35,000/- M.Sc Agronomy B.Sc Biotechnology 50,000/35,000/- M.Sc Plant Breeding & Genetics 50,000/B.Sc Microbiology 45,000/49,500/- M.Sc Horticulture B.Sc Agriculture M.Sc Forestry 50,000/45,000/B.Sc Forestry M.Sc Biotechnology 50,000/45,000/- M.Sc Biochemistry B.Sc Horticulture 40,000/B.Sc Geology 35,000/- M.Sc Environmental Sc. 35,000/35,000/- M.Sc Food Technology 55,000/B.Sc Electronics PCM BA (Hons) Mass Comm. 35,000/- MA Mass Comm. 45,000/30,000/22,000/- MA Education B.Sc Home Science

Why BFIT ? Awarded Best College For Science & Technology Source- AITMCAwarded Centre of Excellence Source- AITMCAwarded Most Popular Academic Institution of North India Source- ESDA.Awarded Best Technical & Professional College in Uttarakhand (North India) Source- RBPL Awarded As The Best College in North India Source-Career ConnectAwarded Top Hotel Management Institute In India. Source- CCRAwarded Best Academic Leadership Award in IT And Management Education Source- AITMCAwarded Best Life Science College In Uttarakhand Source- Times ResearchAwarded Best Leading Management And Technical Institution SourceESDAAwarded Best Contribution in Value Education. Source-ECONS Awarded Best B-school & Mass Comm. College in North India Source- Brand AchieverAwarded Best Agriculture Science College in North India SourceMediaz GroupAwarded Best Applied Sciences & Technical Institute in Uttarakhand Source- CMI.

Suddhowala, Dehradun Uttarakhand 7060407033, 7060407044

CareerConnect January 2017  
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