PRESENT EDUCATION SYSTEM – CORPORATE VIEWPOINT

1. PRESENT EDUCATION SYSTEM – CORPORATE VIEWPOINT -By RashmiChoudhary

2. CONTENTS • Introduction • Purpose of Education • Present Scenario • Misconceptions • Iissues in Present Scenario • Why a Gap Between Education & Employment Exists? • Ways to Bridge the Gap • Efforts by Corporates • Nokia Siemens • Manipal University • Other Examples • We need a revolution in the education system in India • Conclusion

3. INTRODUCTION • Education in the largest sense is any act or experience that has a formative effect on the mind, character, or physical ability of an individual. • In its technical sense, education is the process by which society deliberately transmits its accumulated knowledge, skills, and values from one generation to another. • A good education system is fundamental to a nation that wants to be economically and otherwise independent. • The primary purpose of an educational institution is to guide the child’s discovery of himself and his world and to identify and mature the child’s talents.

4. PURPOSE OF EDUCATION • All round development of personality • Improving the talent of a student • Economic prosperity of a country • Career advancement • To make the world a better place • It empowers an individual to think, question and see beyond the obvious • Acquiring professional competence The importance of education is emphasized through these words of US President Barack Obama, when he said, 'In an economy where knowledge is the most valuable commodity a person and a country have to offer, the best jobs will go to the best educated - whether they live in the United States or India or China'.

5. Education has a much broader and deeper meaning; it is not confined to time or space, it is an attitude, a constant search for learning founded on an insatiable curiosity. • An "educated" person is not only someone who knows a great deal, but someone who wishes to learn in any circumstance, who poses questions, who probes, reflects and assimilates, to gain both knowledge and wisdom.

6. PRESENT SCENARIO • The present system of higher education does not serve the purpose for which it has been started. • In general education itself has become so profitable a business that quality is lost in the increase of quantity of professional institutions with quota system and politicization adding fuel to the fire of spoil system. • This increases unemployment of graduates without quick relief to mitigate their sufferings in the job market of the country. • The drawbacks of the higher education system underscore the need for reforms to make it worthwhile and beneficial to all concerned.

7. MISCONCEPTIONS • Degree/ qualification is the most important requirement • Education is over once you acquire a degree • If you know great English, you can do a great job • On the job training will be provided by the employers • Expertise in one subject is enough • Anything not on the school curriculum is a “waste of time”. • Success in academics = Success in corporate

8. Due to shortage of skills and education, people are unable to fulfill the industry needs. Today every industry wants curious, competent, talented, and educated workforce. According to NASSCOM, only 25% of engineers are employable, and only 10-15% of college graduates are employable. ISSUES IN PRESENT SCENARIO

9. ISSUES IN PRESENT SCENARIO • Unemployability is today a greater issue than unemployment.   • Indian education and training system needs to introspect, brainstorm, discuss and consult on various pertinent issues such as Public & Private Initiatives, strategies and models, skills development, access, inclusiveness and relevance.    • The industry favours proven experience and ability

10. Success comes from three Es, they are 'Education', 'Employability' and 'Employment'.

11. Why a Gap Between Education & Employment Exists? • The Education Employability gap is a condition in which the educational system cannot keep pace with the industry requirements and a gap is created between the two. • Classroom lessons don’t have any connection with the actual job market • Students who are doing internships get jobs, but they land up with ones that have little or no connection with their training. • Qualification is not equal to Employability

12. WAYS TO BRIDGE THE GAP • Curriculum needs to be integrated with employability skills • Introducing a host of professional courses. • Skills development courses • Fostering collaboration among industries and institutions • Build soft skills as demanded by the new evolving global culture.

13. WAYS TO BRIDGE THE GAP • Student Leadership Development Programmes • The span of Industrial training should be increased so that a student can apply his/ her learning and experiment with new ideas. • Institutes need to maintain a soft skills training department • Collaboration between Institutes and Industry

14. EFFORTS BY CORPORATES • Private companies play a great deal of role in eliminating the differences. • Joining hands with the Indian government to boost employability of the country’s youth population • Designing special training solutions for both teachers and students to make their learning experiences comfortable and more real • Public Private Partnerships are very important to produce appropriate manpower.

15. EFFORTS BY CORPORATES • Many CEOs, largely from the services sector, have quit their super-income jobs to train a burgeoning number of Indians so that they get decent employment. • "SKILLING", or providing skills to improve employability, is the latest business opportunity that CEOs with an entrepreneurial streak are trying to tap. • Case Writing

16. Nokia Siemens • Nokia Siemens Networks (NSN) has joined hands with three Indian educational institutions to foster communications and information technology skills and opportunities for students under its 'Bridge the Gap' program. • The company will work with Swechha - a non-governmental organization, to roll out networking training, and provide apprenticeship opportunities to students in six New Delhi Municipal Corporation (NDMC) Schools. • In addition, the company has entered into agreements with the Amity institute of Telecom Technology & Management (AITTM), Noida and Institute of Technology & Management (ITM), Gurgaon under which it will provide scholarship opportunities to fourteen deserving students.

17. Nokia Siemens • The program is a pioneering concept in teaching environmental education, citizenship values as well as apprenticeship skills and technology inputs to students who are otherwise kept away from such experiences • According to Mamta Agarwal, Director Education, New Delhi Municipal Corporation, the kind of support provided by Nokia Siemens Networks – which includes theoretical knowledge and practical hands on experience - is just the exposure children here need to get prepared for the opportunities that await them in the coming years.

18. Manipal University • Manipal Education is a pioneering and leading academic & education services provider in India. • It was among the first in the country to bridge the gap between education and the industry by creating industry specific programs for organizations. • To address the need for career-focused education, Manipal Education has partnered with ICICI Bank to establish the ICICI Manipal Academy of Banking & Finance. • Manipal Education has several strategic investments in emerging companies, including U21Global, the world’s premier online graduate school and MeritTrac, India's Largest Skills Assessment and Testing Company.

19. Other Examples • TCS and IIT Chennai, launched and academic centre of excellence and a user oriented M.Tech Programme in Computational Engineering • XLRI and Accenture have launched the Accenture-XLRI HR Academy • S.P. Jain Institute of Management and Research partners include Infosys, Wipro, Microsoft

20. We need a revolution in the education system in India • Education builds the man so it builds the nation. Today we claim to be the biggest human resources supplier for the world, but are we concerned what quality of human capital we are building and for whose needs? • We supply bureaucrats to the government, software engineers to the IT companies around the world, highly paid managers to the multinationals, we supply engineers and science graduates as researchers to the foreign universities. What capital are we building for ourselves? • India aspires to be powerful, it wants to play a role in the international community, for that to happen, its economy has to grow multifold and for that to happen, it requires a huge force of entrepreneurs who could transform it into a nation which produces, from the one which only consumes.

21. We need a revolution in the education system in India • It is the education which should inspire one to become something one really wants to. • Education should make you free, should make you experiment and it should make you ask questions. • Ultimately, it should make you realize what you are.

23. CONCLUSION “The most important and urgent reform needed in education is to transform it, to endeavor to relate it to the life, needs and aspirations of the people and thereby make it the powerful instrument of social, economic and cultural transformation necessary for the realization of the national goals.”