Archive for July 2011
IITs’ PhD Jinx: BTechs command higher pay
Foreign universities that would come scouting for young teachers to the Indian Institutes of Technology (IITs) were conspicuously missing this recruitment season. But a range of private and deemed Indian universities from across the country did land up offering hardly attractive pay scales defined under the Sixth Pay Commission.
When they were pitted against the big guns – the consulting and finance offers – the IITs realized that the PhD jinx continues to haunt them. Every tech school recorded a higher average salary figure for their BTechs as compared to their PhD fellows, most of who joined research labs or signed up for teaching positions.
“It’s a trend that continues. The average salary on campus is Rs. 700,000, but the average salary for PhD candidates is less than that of the BTechs,” said an IIT-Bombay official. The scenario is same on every campus. The slump in the average salary for PhDs also aggravated as universities from West Asia that came shopping for faculty did not turn up this year.
In the last two years, Al-faisal University, Saudi Arabia (which offered an annual compensation to the tune of Rs. 1.9 million apart from housing and other facilities), Texas A&M University, Indian School of Business-Hyderabad, were among the education providers that visited IITs and paid salaries comparable to industry. This year, most IITs saw a desi (local) crowd as institutes like ICFAI, SRM University, Tamil Nadu; Saroj Education Group, Lovely Professional University, Rajiv Gandhi University of Knowledge, Vigyan University, K L University and Manipal University took a handful of students.
Every IIT saw a fall in students signing up for teaching posts. At IIT-Kanpur, 45 students joined educational institutes last year; this time around the number stood at 32, said Ramkumar Janakarajan, Placement Head. Annual compensation remained almost the same as last year. Most of the universities offered between Rs. 300,000 and Rs. 600,000 a year.
IIT-Kharagpur’s Placement Head S K Srivastava said 67 master’s students and 15 PhD candidates took up teaching jobs this year. “The number was higher last year when more educational institutes had visited the campus.” But several research firms, Srivastava added, had offered better salaries to PhD students this year.
IIT-Delhi’s Placement Head Kushal Sen said it probably wasn’t correct to compare the salaries of BTechs, MTechs and PhDs as they all took up varied job profiles. “The salary that an MTech student gets from a core engineering firm cannot match the package that a consulting firm would offer a BTech.”
Sure, but the placements again drove home the point that the BTechs at IITs managed to grab the best deals. In 2005-06, Rangan Banerjee and Vinayak Muley, in their report on Engineering Education in India had mentioned this irony that existsonly on Indian campuses.
“The average MTech and PhD salary is lower than the average BTech salary in India. But the ratio of average starting salary of graduates to masters and doctorates for MIT, USA and University of Illinois Urbana Champaign, USA shows that the average masters’ salary is 22-26% higher than the bachelors’; the doctorates’ salary is 45-58% higher than the bachelors’.”
Source: The Economic Times (Online Edition), July 30, 2011
12th Plan to look at faculty retention: MHRD
In an attempt to increase the Gross Enrolment Ratio (GER) in higher education to 21% by the end of the 12th Five Year Plan period from the current 13.5%, the Ministry of Human Resource Development (MHRD) is formulating an action plan to achieve this target. It will discuss the matter in an internal meeting on Tuesday.
Raising the GER would entail an additional enrollment of over 26 million in higher education and almost 1 million school teachers by 2020. “Thus, a concerted strategy to retain best talents in universities for faculty positions and preparing secondary teachers needs to be formulated. It would also require changes in strategies relating to open learning and technology enabled learning,” said a ministry note.
For faculty attraction and retention, the ministry is mulling Human Resource Planning and Management (HRPM) centres at the university level to assess teacher requirement and plan their professional growth research and faculty development programmes such as seminars, training, workshops, incentive and award schemes.
Besides faculty development, the meeting — which will happen at Indian Institute of Technology (IIT), Guwahati — will also discuss vocationalisation through short and medium-term training to achieve 50% enrolment in vocational education sector of higher education by 2020. This is so because even after achieving a GER of 30%, there would be 150 million or more youth who would require vocational education, the ministry says.
Encouragement to private investment is next on the agenda with substantial role of private sector at diploma and degree programmes. On the research and innovation front, the government may look at Sector Innovation Councils that would provide platforms for innovation right from school to higher education and would be developed alongwith at least 50 centres of innovation in different institutions of higher learning.
In fact, the note asks for appropriate amendments in the Copyright Law to foster creativity and to keep it in harmony with the features of the World Intellectual Property Organization. Also on the agenda of Tuesday’s meeting is the much ignored local languages along with book promotion and reading habits.
Source: The Financial Express, July 26, 2011
How top Indian IT companies help higher ed institutions
Post the placement season, educational institutes are seeking help from information technology (IT) companies to automate their systems, as the number of students and applications increase every year. Companies such as IBM, TCS and HCL Infosystems are offering campus automation software, enterprise resource planning (ERP) solutions and education management solutions to educational institutes to automate their work flow.
From brochures, profiles, online lessons to placements to managing alumni database and making finance and accounting divisions paperless, they are helping institutes like Faculty of Management Studies (FMS), Delhi, Tata Institute of Social Sciences (TISS) and Narsee Monjee Institute of Management Studies (NMIMS), Mumbai, get more efficient.
“We will be able to manage the increasing scale of work with the same number of employees. Also, it will make us more globally competitive. Imagine an executive pursuing a course who can log on to the system anytime, anywhere in the world while he travels, avoiding the hassle of visiting the campus to select courses, attend classes or even make payments. That’s a great convenience,” says Debashish Sanyal, Dean, School of Business Management, NMIMS.
At TISS, for instance, the number of applications went up to 20,000 for 680 seats this year from 3,000 applications for 120 seats in 2004, which necessitated a gradual shift towards handling the process online. “We have been getting outside help, besides our internal resources to speed up the process and stick to the deadline of processing applications. Online registrations will help lessen this pressure and make it more efficient,” says S. Parasuraman, Director, TISS.
Here’s how the automated system helps across levels: When students apply online for various courses, they get automatic acknowledgements and intimations at each stage of the admission procedure. But this is a transition phase, where offline applications are also accepted.
The cut-off for each department is fed into the system and the students are short-listed. Call letters are automatically generated and sent by email and also through post. Selected lists are uploaded automatically to the web. Fee payment is also automated with the challans printed. Bar code scanners are used to read the roll numbers from the challans and expedite the process. Identity cards are printed in-house and instantly handed over to students. Students can register for electives through the college websites like universities abroad, and staff can enter student attendance and grades on the intranet.
Question bank modules are used to store the questions set by the examiners. Seating plans are given by the system eliminating the time consuming manual process. Mark sheets with security features can be printed through the system. Students with arrears can register for the supplementary exams online. Overall, colleges and universities are managing organisations and processes better.
NMIMS has already invested Rs. 13 million on blackboard technology over a five-year period and is now working a large-scale SAP implementation with IBM’s help. It will cover a wide array of activities from managing the entire student lifecycle to buying books online, archiving results and keeping track of management spends. It has spent Rs. 50 million on this project in a year’s time.
At Birla Institute of Management Technology (BIMTECH), Greater Noida, TCS is implementing a comprehensive campus management ERP system, for the past one year, which covers all activities from admission to placements. Besides, it is also in discussions with a specialist firm on archiving the guest lectures, seminars and workshops. This will have the added facility of converting phonetic matter to text. All the investment and the effort these institutes are putting in, leads to a substantial cost saving as well, they say.
“It will take another two years to complete the project and we expect 25-30% savings on the cost on processes that were earlier offline,” says Rajan Saxena, VC, NMIMS. And in some cases, it can even save around 50% of the cost incurred otherwise, according to TISS’ Parasuraman. “Efficient use of such systems can bring in huge gains, not only in terms of speed and accuracy but also in terms of cost,” he says.
This also means a huge opportunity for companies in this space. “A recent research study by Springboard Research says India’s education sector will step up its IT spending from an estimated $356 million in 2008 to $704 million in 2012, reflecting a CAGR of 19% during 2007-2012. That’s good news for players in this domain,” says Rothin Bhattacharya, EVP, HCL Infosystems.
Source: The Economic Times (Online Edition), July 26, 2011
Pilot project for digital academic repository complete
The government has moved step closer to creating a national academic depository that’s expected to help curb forgery and make verifications of education credentials easier and quicker. Human resource development (HRD) minister Kapil Sibal said on Monday a pilot to assess the feasibility of this depository has been completed.
The Central Board of Secondary Education (CBSE), which carried out the pilot, has digitized the education certificates of all the students who cleared its class XII examination in 2011. Certificates of aspiring teachers who have appeared for the Central Teacher Eligibility Test (C-TET) will also be available in digital format. The results will be declared on Tuesday.
“This will help in curbing forgery of education credentials. The menace of fake certificates can be controlled through this,” Sibal said, giving a lowdown on the process of verifying digital certificates. The minister said the recent instances of fake certificates that plagued Delhi University can be tackled easily through this measure. In June, Delhi University authorities found that a number of students had submitted fake certificates while seeking admissions under a certain quota.
The Central Depository Services India Ltd. (CDSL) and the National Securities Depository Ltd. (NSDL) helped CBSE conduct the pilot. “It was done by both the depositories with no initial cost to the ministry. It will remain free for CBSE for next three months; but after that it has to pay certain fees,” Sibal explained.
CBSE Chairperson Vineet Joshi said the depository will make it easier for employers and educational institutes to verify the credentials of prospective workers and students. It will also help do away with the fear of losing physical certificates. According to CRP HR Services, a background screening firm based in Mumbai, discrepancies are found in 15% of the education credentials submitted by aspiring job seekers.
“We are also moving a Bill on this (the depository) in the coming Parliament session (that begins on 1 August),” Sibal said. Once the Bill is passed, it will mandate digitizing all educational certificates of school boards, colleges and universities. “The depositories will be soon deploying their own agents. Anyone can approach them for digitizing, but these agencies will first verify whether their certificates are original or fake,” Joshi said.
Source: Mint, July 26, 2011
IIMs revamp CAT examination format
The Indian Institutes of Mangement (IIMs) on Monday announced a new format of the common admission test (CAT), with fewer papers and questions and allowing more time to answer them. CAT 2011 will have two sections instead of three. The first will test quantitative ability and data interpretation, which was a separate paper earlier. The second paper will test verbal ability and logical reasoning.
IIMs have also reduced the number of questions to 60 from 75, with 30 questions in each paper, and increased the total time limit for completing the test to 140 minutes from 120 minutes. But both the papers will have to be attempted sequentially; once an aspirant completes the first paper, he/she will not be allowed to go back to it.
“These two sections will be implemented sequentially with separate time limits. The (duration of the) examination will be 140 minutes. Candidates will have 70 minutes to answer 30 questions within each section which will have an on-screen countdown timer,” the IIMs and Prometric Inc., which will conduct the tests, said in a joint statement. “Once the time ends for the first section, they will move to the second and will no longer be able to go back. Although new in the computer-based version of CAT, this format was previously practised in some of the earlier paper-and-pencil years.”
The number of test days has been retained at 20. CAT 2011 will begin on 22 October and 18 November to allow candidates the flexibility of choosing a test date. “We are confident that CAT 2011 is going to help us in identifying the appropriate candidates for our programmes, and that the examination will be fair and equitable,” said Janakiraman Moorthy, CAT 2011 convenor and a professor at IIM-Kolkata. IIM-Raipur Director B.S. Sahay said fewer papers will help students as CAT cut-off marks are decided on the basis of cut-off marks for each section. “Now there will be two cut-offs to be considered instead of three,” he said.
CAT 2011 will provide a 15-minute tutorial before the test begins. It will be conducted across 36 cities, including the newly added Jammu, Dehradun and Bhilai. Amit Agnihotri, head of MBAuniverse.com, a management education tracking portal, said the new format is progressive as it will be easier on students. “Increasing exam duration is a huge plus,” he said.
When CAT went online in 2009, thousands of IIM aspirants were hit by a lack of practice, little knowledge about the navigational keys and technical glitches. Around 17,000 students re-took the test, resulting in bad publicity for the premier management school and protests by students. This also delayed the declara- tion of results by three weeks.
In 2010, the IIMs and Prometric delivered a glitch-free exam across 33 cities. Last year, at least 204,000 candidates registered to take the CAT compared with 242,000 in 2009. Currently, there are 13 IIMs in Ahmedabad, Bangalore, Kolkata, Indore, Kashipur, Kozhikode, Lucknow, Shillong, Ranchi, Rohtak, Shillong, Tiruchirappalli and Udaipur.
Source: Mint, July 26, 2011
Oracle CEO-backed company eyes IB school space in India
Oracle CEO Larry Ellison co-founded Knowledge Universe and UK’s Knightsbridge are in the fray to float a joint venture with Mumbai-based Core Projects & Technologies to tap India’s growing demand for premium international schools.
Core, which is a technology solutions provider in the education space, had mandated Ernst & Young to advise on setting up a chain of premium K12 schools, said sources familiar with the matter. Core had identified UK’s leading school network Knightsbridge and Knowledge Universe, an education and training conglomerate backed by Oracle Corp founder Larry Ellison and Wall Street’s former Junk Bond King Michael Milken, as potential partners.
When contacted, Core Projects declined to comment. A decision on the foreign partner in the proposed 50:50 joint venture could come as early as this week. The demand for international education has been growing in the world’s second most populous and second fastest expanding economy.
Core Projects plans to show up with two premium benchmark schools, with emphasis on sports training, in Delhi and Mumbai initially. These could be subsequently extended into other tier-I and select tier-II cities. Dubai-based GEMS Education and Singapore’s Global India International Schools have been expanding in the country.
Mumbai’s Ecole Mondiale and Dhirubhai Ambani School are among the niche players in the super-premium segment of K12 education. Last year, DY Patil had appointed Kotak Mahindra to raise $100 million for setting up a network of affordable international schools. Real estate costs and scaling up remain the big hurdles in the way of expanding the school network in India.
Source: The Times of India, July 25, 2011
IIT-Kanpur starts facility for enhanced power research
Envisioned to bolster enhanced research in power, a Real Time Digital Simulation Facility at the Electrical Engineering Department of the Indian Institute of Technology-Kanpur (IIT-K) has started functioning. The facility inaugurated yesterday is expected to give students the opportunity for hi-tech research into practical power and control systems, project coordinator Prof. S.C. Shrivastava said.
Solar and wind power plants in remote areas are connected to a power grid with the help of a controller and an experiment on how much energy it receives cannot be conducted there, he said, adding that the simulator would help testing its performance in laboratory conditions which would then be applied in real-time.
The simulator, which been bought from a Canada-based technology firm, would also facilitate new planning initiatives with power utilities, he said. A five year long project, an amount of Rs. 7.6 crores (Rs. 76 million) has been provided by the Department of Science and Technology, Government of India for it, he added.
Source: The Economic Times (Online Edition), July 23, 2011
BlackBerry ties up with EdServ for mobile education
Eyeing leadership status in the mobile education space, Chennai-based education support services company EdServ has tied-up with BlackBerry to provide online education content on smartphones. EdServ’s wide range of educational content on its flagship education portal, http://www.Lampsglow.Com, will now be available in an application, ‘HumThum App’, in the BlackBerry Apps Store of BlackBerry smartphones worldwide, said EdServ Chairman and CEO S. Giridharan.
“Through this tie-up with BlackBerry, we will provide the entire online education content that includes tuition, academics, skill development and test prep services on the BlackBerry smartphone,” he told PTI here. EdServ is targeting a customer base of one crore and revenues of Rs. 200 crore (Rs. 2 billion) from mobile learning services within the next three years and is eyeing leadership status in the mobile education space, he said.
EdServ’s ‘HumThum app’ has a PDF converter that will change the BlackBerry smartphone into a mobile scanner or a photocopier. HumThum app also has a ‘Talking Dictionary’ that will provide pronunciation and the meaning of any English word.
On the overall growth proje ctions for EdServ, he said the company expects to register a 50 per cent growth in revenues this year and is targeting to end the year with revenues of Rs. 180 crore (Rs. 1.8 billion), compared to Rs. 122 crore (Rs. 1.22 billion) last year. It expects to maintain profitability at 30 per cent of the topline and is targeting a profit after tax of Rs. 55 crore (Rs. 550 million) this year. EdServ expects 100 per cent growth in customer traffic on its portal, http://www.Lampsglow.Com, this year, he said. The customer base was also expected to more than double this year from the existing customer base of 150,000, he said.
Answering a query about investment plans, Giridharan said the company was finalising plans to raise capital for ongoing expansion and infrastructure development and the funds could be raised through Foreign Currency Convertible Bonds and GDRs to be rolled out by the middle of August this year.
Source: http://www.smartinvestor.in
IIM-Shillong plans to introduce Law courses
In a unique experiment, Indian Institute of Management-Shillong (IIM-S) is looking to introduce courses in law. The course modules are being discussed and aspects like a one-year diploma or a two-year masters course are being explored. IIM Shillong is in talk with a prominent law university for rolling out this courses and memorandum of understanding with the university will be inked soon.
IIM Shillong Director Ashoke K. Dutta said, “Such courses are there in Germany. We are also discussing with some law universities and exploring the possibilities of having such courses. This course will come handy for judicial officers and managers.”
A senior official of IIM who did not want be quoted explained that this is a new concept. “We will have to recruit faculties for this course. There is scope and I feel there will be enough takers. Management institutes imparting one year diploma in law are doing well in foreign countries. We are yet to finalise the intake of the students for this course.”
He pointed that as managers there are people who want to have working knowledge regarding the law of the land especially commercial and business law. On the other hand, there are many judicial officers working for corporates and want to understand the management principles, so this course will cater to both these groups.
Every year, hundreds of students from the region move to South India, Pune and New Delhi to study law. Migration from the Northeast to these cities has increased by 12 times, with over 415,000 people from the region leaving over the past six years.
In 2005, this figure stood at 34,000 but in the past six years, it is on an average increasing annually at 13.62%. According to a study of 66.35% of North Easterners migrate for higher studies, out of them, 78.15% for graduate studies, 11.48% for engineering and managerial degrees, 6.80% for research and PhD and 3.57 per cent for medical studies.
Shantikam Hazarika, educationist and former Director of Guwahati-based Assam Institute of Management felt it will be really nice if mangers well versed in law get into the administration of judicial system. “However, I doubt if this course will attract enough students.”
Source: The Economic Times, July 22, 2011
B-schools revamp courses to make graduates industry-ready
Driven by the changes in the corporate needs, Indian business schools are considering change in its curriculum. Indian business schools will together attempt at changing the course curriculum, which was last tweaked by some of them in the aftermath of the 2008 global financial meltdown. This is the first time that B-schools will jointly brainstorm on curriculum.
A few institutes, including the IIMs (Indian Institutes of Management), introduced subjects like ethics and social-cultural environment two years ago when MBA education was under fire for causing the sub-prime crisis and later failing to contain the global recession. Now more and more companies are picking up grads with on-field experience, sending institutes into a huddle for a long-term revamp plan.
Some 65 representatives from various 30 B-schools (including six IIMs) and some companies will meet at a conference on Friday to kick-off what is termed as a process to decide the road ahead for management education in India. “Roadmap that emerges from the conference will be shared with Indian B-Schools to help them reformulate their curricula,” said IIM-A faculty Vijaya Sherry Chand who is a member of the conference’s organising committee.
In February, Harvard Business School said it would move away from its case-study approach and focus more on ethics and team work. The changes are aimed at creating leaders of competence and character, rather than those with connections and credentials.
An IIM-C faculty said that the study is being finalised and there is a need to address issues like what type of skill sets do recruiters need. “We are also thinking of recruiters’ perspective for fresh candidates and experienced candidates. We will discuss about the weightage given to on-field experience and classroom education. The discussions will initially lead to a re-look at the current curriculum and it will impact our future curriculum,” he added.
Source: The Economic Times, July 22, 2011
Higher Education News and Views 
You must be logged in to post a comment.