Punjab Technical University (PTU) signed a Memorandum of Understanding (MoU) with University of California, Santa Cruz (UCSC) for setting up an Institute of Excellence (IOE) at Chandigarh. IOE intends to raise funds via grants and donation to finance scholarships for needy students.
IOE expects to be self-financed for operating expenses. It will focus on high quality technical education and grant degrees in streams like Bio-Engineering, Bio-Informatics, Computer Engineering, Computer Science, Electrical Engineering, Network & Digital Technology, Robotic Engineering and Technology & Information Management. Till IOE attains the authority to grant degrees, PTU shall do the same. Students can choose to transfer to UCSC to complete their undergraduate or graduate education and get a degree from UCSC provided they meet UCSC’s admission and other criteria in place at that time.
UCSC shall provide free teaching curriculum, methodology and test or exams similar to its current material at US. It also intends to encourage its faculty to travel to India to teach courses besides training and hiring faculty for IOE. UCSC will also cooperate in remote live video instructions by its faculty as and when required.