IIT Roorkee Partners with Imarticus Learning to launch Certification Program in HR Management and Analytics

Higher Education

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July 13, 2023

IIT Roorkee Partners with Imarticus Learning

IIT Roorkee’s Continuing Education Centre has significantly advanced a number of technological fields. The Certification Programme in Human Resource Management and Analytics has been launched by IIT Roorkee in partnership with Imarticus Learning, the top professional education provider in India, CEC. By utilising data-driven decision-making strategies, this creative programme seeks to revolutionise HR management practises. This programme gives learners the knowledge and abilities they need to succeed in the field of human resource management, with a focus on improving organisational performance and optimising HR processes. DoMS also actively contributes to the creation of curricula, the delivery of courses, and student practical training.

100 hours of live instruction are provided over the course of the six-month programme, incorporating both theoretical knowledge and practical experience. Students will have the chance to participate in live sessions over the weekends with renowned IIT faculty members, ensuring a high-quality educational experience. The curriculum covers the usage of three or more tools, allowing students to become proficient in both sophisticated machine learning algorithms for predictive analysis and fundamental statistical tools like Excel. Working on eight or more real-world case studies will provide participants the chance to put their newfound knowledge to use.

The reactive nature of the workplace is frequently the focus of traditional HR tasks, which include resolving payment issues and posting job openings. When making decisions, HR management and analytics adopt a proactive work culture and use data and analytics. When making judgements, experts in this field use both quantitative and qualitative data, and they analyse HR data using programmes like Excel and Python, as well as machine learning and statistics. With this change, HR specialists may play a crucial part in boosting organisational performance and encouraging a proactive work environment.

Upon completion, students receive an industry-recognized HR certification from CEC, IIT Roorkee. It’s a valuable credential demonstrating mastery of necessary skills, helping students stand out and advance their careers.

“This program represents a significant milestone in bridging the gap between traditional HR practices and data-driven decision-making. By equipping professionals with the necessary skills and knowledge, we aim to empower them to revolutionize HR management and drive organizational success. Together with CEC, IIT Roorkee, we are paving the way for a new era of HR professionals who understand the power of data and analytics in shaping the future of work”, said Nikhil Barshikar, Founder, Imarticus Learning.

“We are delighted to partner with Imarticus Learning to launch the Certification Program in Human Resource Management and Analytics. At CEC, IIT Roorkee, we believe in the power of interdisciplinary education and industry collaboration. This program brings together the expertise of our renowned faculty and industry experts to provide participants with a comprehensive understanding of HR management and analytics. By leveraging data-driven insights, we aim to empower HR professionals to make valuable decisions and drive organizational excellence. Through this collaboration, we are committed to shaping the future of HR management and fostering innovation in this important area of management studies”, said Prof. Kaushik Ghosh, Coordinator, Continuing Education Centre, IIT Roorkee.

Leveraging AI for Higher Education: Enhancing Education Efficiency: Prof. Venkappayya R. Desai, IIT Dharwad

Interviews

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digitalLEARNING Network

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July 13, 2023

The great demand for Artificial Intelligence (AI) and Machine Learning (ML) has reshaped the job landscape of our country and the world, shared Prof. Venkappayya R. Desai, Director, IIT Dharwad in an exclusive interview with Sheeba Chauhan of Elets News Network. Edited excerpts:

In 2023, with the inauguration of its new campus, IIT Dharwad is poised to become India’s first smart and green IIT campus. Could you please provide more details on the steps and measures taken by IIT Dharwad to achieve this distinction?

We are going to retain 70 acres of natural forest adjoining our bow-shaped permanent campus. In addition to the already existing eco-friendly features in Phase 1A of the permanent campus. We are proposing to have features such as percolation pits etc., for ensuring max infiltration of rainwater along our storm water drains, urine harvesting, and composting toilets – for creating wealth out of waste, buildings, and facilities which are fully self-sustaining in their energy requirement (through solar and other renewable energy sources), passive air conditioning through utilisation of geo-thermal energy and so on. We also propose facilities for cooking in a sitting position n our kitchens to minimise stress on knees and maximise bending at knee joints. This is how IIT Dharwad proposes to achieve this distinction of a smart and green campus.

IIT Dharwad is a comparatively new institution in comparison to other IITs. With a fresh vision and ideologies, have you planned to introduce any new courses or programmes?

In all academic areas, IIT Dharwad proposes to study the feasibility of linking the traditional Indian Knowledge Systems (IKS) with modern Science & Technology, on the lines of Israeli/Japanese institutes of higher learning. Additionally, we would like to present an academic campus that is almost self-sustaining in terms of its energy management and water/ wastewater management by blending appropriate technologies such as water adopted in Singapore for the treatment and reuse of domestic wastewater. IIT Dharwad is the only technical Institute located in the middle of two industrial estates. We would like to utilise this fact for the creation of academic courses of industrial relevance through our Global Centres of Excellence in Affordable and Clean Energy as well as IKS.

How is your institution leveraging AI to prepare higher education students for the rapidly evolving job landscape and the changes it brings?

The great demand for Artificial Intelligence (AI) and Machine Learning (ML) has reshaped the job landscape of our country and the world. IIT Dharwad (IITdh) aims to adapt to this change in demand and has taken several initiatives in this direction. At present, IITdh is offering undergraduate courses like AI and a corresponding Lab course, Pattern Recognition & Machine Learning, and Statistical Pattern Recognition & Reinforced Learning.

We have an AI club maintained by the student community, where senior students organise AI hackathons on the latest AI technology to help newly joined students. IITdh placements trend shows that approximately around 50% of them got placed into data analysis-related companies, which indeed use AI-based algorithms. In addition, around 25- 30% of internships are as part of cooperative (Co-op) projects between IITdh and the industry.

Moreover, IITdh faculty have obtained around ₹ 4 crores worth of sponsored projects on different AI-based research areas such as speech recognition, 5G & beyond networks, blockchain is driven 5G & beyond networks, Industry 4.0, Autonomous navigation, etc. One of our faculty also contributed to the 5G Infrastructure Public Private Partnership (5G PPP) white paper on “AI and ML – Enablers for Beyond 5G Networks”.

All the above-specified things show IITdh’s preparation towards capturing the AI-based job market and evolving our curriculum for growing AI technology.

Do you believe that the recently introduced guidelines by the UGC, allowing completion of degrees or diplomas based on earned credits rather than the duration of the course, are a positive step towards accomplishing more in a shorter timeframe?

We believe that the recent step by UGC – Allowing completion of degrees/diplomas based on earned credits rather than the course duration, is a positive step. However, all such students need to be encouraged to undergo internships at industries so as to make their degrees/diplomas more meaningful. Such students may be awarded degrees/diplomas with Honors.

As we know AI and generative AI is taking all over the place. How is your institution leveraging AI to prepare higher education students for the rapidly evolving job landscape and the changes it brings?

IITdh understands the great demand for AI (generative AI) and has taken several initiatives in this direction. The first one is a minor program in Data Science and AI (DSAI) where the students take an extra 30 credits (6 courses) of courses related to AI/ML to earn a minor degree in Data Science and Artificial Intelligence (DSAI). This opens the gate for students in any branch of engineering to pursue a career in data science, AI, and ML. Further, IITdh also has an online executive M. Tech program in DSAI that aims to upskill working professionals in the area of AI without perturbing their current working status. We have also started a new M. Tech in electrical engineering with a specialisation in Communications, signal processing, and ML. This aims to enable students with core expertise in communication and signal processing to apply new AI/ML techniques to strengthen these classical areas. Lastly, we also have taken approval to start a regular M. Tech. program with a specialization in DSAI that focuses mainly on imparting core ideas of AI/ML to students.

Demand in Higher Education: The Importance of International Business Courses in India

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digitalLEARNING Network

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July 12, 2023

In the age of globalization, the demand for professionals with a thorough understanding of international business is increasing. Factors such as the dynamic geopolitical situation and the need for businesses to retain their position of market leadership and profits have led to a growth in demand for specialised management professionals such as Data Scientists who have a knowledge of international business concepts and theories. These professionals play a vital role in managing international situations and fortifying the wealth of multinational enterprises with businesses spread globally.

Globalization has led to increased interconnectedness among international markets, bestowing noteworthy prospects for corporations to expand and prosper by foraying into new industries and benefiting from their core strengths in new markets.

As a growing economy, India is at the vanguard of this swift evolution and acceleration, mainly in the manufacturing and services industries. Consequently, considerable capital investments are being made in international businesses, creating a demand for qualified professionals armed with the necessary skill sets and educational backgrounds in international business.

International business management courses prepare future leaders with the requisite knowledge of global strategy, leadership, and transnational management. Let us look at the top advantages of studying International Business Courses in India and why they are critical for learners pursuing a career in this field.

Diverse Global Market

The international market is continually growing owing to different elements stimulating it, such as operational structures and environmental conditions. With rapid technological advancements, the world has become smaller and much more accessible, leading to a globalised economy with ever-growing international acquisitions and transactions. Businesses are aggressively looking out for professionals who can steer such multifaceted transactions and contribute to their organizations’ success.

Growing Number of Multinational Corporations

MNCs are becoming a dynamic part of the global market. Understanding these establishments and their operations can make professionals stand out to budding employers. Even if companies are not functioning globally, business executives cannot afford to overlook the goings-on in the global market and industries. Economic and foreign policies are affected by the global economy, making international business acquaintance indispensable for effective management.

Learning New Business Skills

International business management courses offer learners the prospect of learning about a whole new arena of commercial operations. Learners obtain skills in leading and handling diverse employees, conducting research in an international context, refining corporate performance, becoming proficient at digital marketing and social media, and making premeditated decisions to achieve business objectives. Decision-making, time management, leadership, communication, and critical thinking are some of the essential aptitudes students gain from an international business management course.

Opening Doors to Diverse Career Opportunities

International business management courses empower students with a wide range of skills valued by employers in every industry. Students can pursue careers in different fields such as marketing, accounting, management, human resources, consulting, corporate finance, health management, advertising, banking, retail, tourism, hospitality, event management, and sales, among others.

Growing Need for International Business Education

To work across different geographies, individuals need to learn about and study business in an international setting. Exposure to global business management courses helps students get a better understanding of diverse cultures, markets, and businesses. It equips them to understand how globalization has increased worldwide connectivity, making graduates with a strong grasp of international business education more appealing to future employers.

Understanding the Principles of Business

Companies are always keen to expand as part of their economic goals. After the local markets have been saturated, the only option may be regional liquidity outside the home market. In developing nations, most major firms are foreign-owned, thus stressing the need to understand international business principles to succeed in the global market.

Know-How of the Outside World

International commerce demands understanding diverse social sciences such as politics, economics, anthropology, sociology, psychology, and geography. Knowing the political and legal frameworks helps professionals steer regulations and policies that impact international business. Cultural awareness is important for understanding entrepreneurial insights, values, and opinions in different markets.

Large, Small, and Medium-Sized Businesses

The global market is not restricted to large corporations. Many small and medium-sized enterprises (SMEs) also function on a global scale and experience noteworthy progress. In fact, small businesses have seen their exports grow at a rapid pace. The significance of the SME sector differs by country, but regardless of size, these businesses can compete and succeed in the international market.

The growing importance of international business education: International business is now included in the curriculum of business schools worldwide. Management education is becoming more specialized, offering programs such as the Master’s in International Business (MIB) in addition to the standard MBA in international business management. Top colleges in India have started offering international business management programs, exposing students to various languages, travel opportunities, and internships in different countries. By studying international business, students gain a better understanding of the global economy and society, preparing them for careers in the global business sector.

Financial Transactions are Becoming Complex

International business specialists oversee complex international transactions. Knowing global markets, assessing challenges, and offering effective solutions are important skills for a career in consulting or management for multinational organizations. Studying overseas markets and engaging with diverse cultures and countries helps develop the essential skills for success in the international business field.

To Conclude

The need for international business courses in India is influenced by the demand for professionals who can navigate the multifaceted aspects of the international market. Arming students with the knowledge and skills to succeed in the global business environment, International Business courses with specialized programs such as Data Science, AI, and Machine Learning can play a significant role in preparing future leaders who can contribute to the success of multinational enterprises and drive India’s participation in the global economy.

Views expressed by Manish Madaan, Registrar, University of Petroleum and Energy Studies CCE

IIM Sambalpur announces new MBA batch that facilitates comprehensive tech-enhanced learning

Higher Education

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digitalLEARNING Network

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July 12, 2023

The 9th MBA class of IIM Sambalpur was officially inaugurated, making it the institution’s largest batch to date. The batch size was increased by the institute from 300 to 320 this year.

The new batch saw a rapid increase in female participation, with 60% of female students (197 seats) registering their seats in the programme out of 329 students, with inclusion being one of the major values of IIM Sambalpur. 40% (132 seats) of the remaining seats were taken by male students. The Institute strives to give students top-notch learning opportunities in all areas of management education so they can adjust to the quickly changing and dynamic business world. The latest batch enables thorough technologically enhanced learning.

Distinguished dignitaries, including Dr. Tapan Kumar Chand, President of Vedanta Ltd., and Swati Agarwal, Partner at Deloitte, graced the inaugural ceremony and gave motivational speeches to all the students in attendance. They shared their experience and wisdom with the new class in a very open and knowledgeable manner, guiding them through what their academic paths will involve. Prof. Shivani Sharma gave a vote of gratitude to all the dignitaries in attendance.

Prof. Mahadeo Jaiswal, Director, IIM Sambalpur expressed his views while welcoming the largest batch in the institute’s history with such great gender diversity. He said, “At IIM Sambalpur, we focus on three core values that are innovation, integrity and inclusiveness which are based on the teachings of the Hindu deities – Brahma, Vishnu and Mahesh. The three lines in IIM Sambalpur’s logo depict those three Is in the form of famous Sambalpuri handloom design. These are the three core values if focused can help Indian B-schools to rank globally. Going forward I believe that these values will be the differentiating factor in the learning journey of the incoming batch. I hope this transformative educational experience for the students will bring about a bigger societal impact in future.”

Swati Agrawal, Partner, Deloitte discussed the management concept of IPL, which she defined as Impact, Purpose, and Leadership. Impact represents the contribution you give to society; purpose represents your inner motivation; and leadership, which is about having a clear vision, showing empathy for others, and motivating others. Failures and friendships are two Fs that are equally significant. Secondarily, students will need to learn how to maintain friendships after failing. Create as many relationships as you can. They will serve as your sources of support in the future.

Dr. Tapan Kumar Chand, President, Vedanta Ltd. discussed the value of moral leadership. He talked to students about his work experiences and the value of moral leadership in a variety of settings. He emphasised the importance of making focused efforts in order to achieve outstanding achievements.

As IIM Sambalpur commences with its new academic year, its mission remains undefeated and focused on nurturing socially responsible leaders who can drive as well as encourage positive change in society.

Balancing the benefits and risks of technology in higher education: Dr. Sendilkumar. B, Vinayaka Missions Research Foundation (Deemed to be University)

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July 12, 2023

The digitalisation of Higher education has brought a lot of changes in the way we teach and learn. The benefits of course out do the risks involved. Shared Dr. Sendilkumar. B, Dean, and Director-Health Sciences, Vinayaka Missions Research Foundation (Deemed to be University), Salem, Tamil Nadu in an exclusive conversation with Sheeba Chauhan of Elets News Network. Edited excerpts:

Your Institution is committed to offering education in the most professional manner and one that ensures enormous growth potential to the students. Please let us know how School of Allied Health Sciences, Vinayaka Mission’s Research Foundation (VMRF) is standing out from the rest.

The major strengths of the School of Allied Health Sciences are its strong institutional base & reputation both nationally &internationally, high-class pre-clinical and clinical Laboratories, Research & Development on a priority basis, exposure to high profile professionals and peers, special expertise, and us of high-end technology. The skill-based curriculum, training, and competencies achieved by graduates in their respective fields through our institution have helped students reach an esteemed rank in their chosen fields. Apart from getting a degree on completion, additional certification through Online free courses through Coursera, Edx, and SWAYAM and value-added courses offer them better placement opportunities. Career guidance and placements, and skill enhancement courses are also being offered to students to help them keep in pace with International standards.

Can you elaborate on the MoUs signed with renowned organisations and how it benefits the students?

We have around 30 National and International MoUs that have helped our students to gain wider exposure both in terms of academics and soft skills. They are prepared to be industry ready through our collaborations.

Apart from postings and internships that yield their hands-on experience, we utilise the industry people for additional Certified industry-specific and industry-designed courses that train the students for specific Industry needs. For example, optometry students are offered Industry specific courses by organisations like Bausch and Lomb, which is a leading international Contact Lens company, another example is Siemens Healthineers which offers industry specific courses for Radiography and Anesthesia Technology students. These courses help in increasing the value of their resume.

The World Education Summit has been igniting transformation in the education industry since its initial edition. What are your thoughts on being a part of the 26th edition of this global platform on 4-5 July in New Delhi?

I have been associated with Elets for the past 6 years. Their contribution to society as a knowledge-sharing platform over the last two decades has been tremendous. The conferences organised by Elets have always helped us build our networks and I always look forward to participating in all their events.

NEP Aligning India’s Education Requirements: Dr. Shashank Shah, NITI Aayog

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digitalLEARNING Network

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July 11, 2023

“The National Education Policy 2020 can be linked to the transformative moment of the 1991 new industrial policy that revolutionized India’s landscape of liberalisation, privatisation, and globalisation. Just as the new industrial policy unleashed Indian industry to become globally competitive, the NEP 2020 has the potential to unlock the nation’s vision and make it aspire to reach new heights”, shared Dr. Shashank Shah, Director (Senior Specialist – Higher Education), NITI Aayog at 24th Elets World Education Summit in Hyderabad.

“I would like to highlight a few points that emphasise the macro role of higher educational institutions and higher education itself, and how the NEP enables us to fulfill that role. Higher education, as a system, plays a crucial role in the task of nation-building. While we have discussed several micro issues, I want to draw your attention to a few macro issues and opportunities”, said Shah.

“To begin, I would like to quote from a UNESCO report, which stated that in the next 30 years, more students will pass through the doors of higher education than ever before in recorded history. India, in particular, will contribute the highest number of students, with 20 universities enrolling 1.75 lakh students and counting”, added Dr. Shashank.

“In 1950, we had only 7 universities in India. Today, we have 1,043 universities catering to nearly four crore students, with a Gross Enrollment Ratio (GER) of 27 percent at the national level. Now, we aim to double this ratio and reach 50 percent, which means accommodating eight crore students in the higher education system. Effectively, in the next 25 years, an estimated 100 crore students from India will pass through higher education in some form or another. The question is, are we prepared for this influx?

The World Economic Forum has identified complex problem solving, collaboration, communication, critical thinking, creativity, negotiation, decision-making, and ethical orientation as core skills required for success in the 21st century. As India aims to become the third largest economy and works towards achieving net-zero emissions, every aspect of its growth story must align with the Sustainable Development Goals (SDGs). The higher education system has a crucial role to play in this alignment.

He further stated 3 key focus areas of NEP: The NEP focuses on three key areas: access, quality, and future readiness. “However, there are additional aspects that deserve attention. First, higher education institutions must be prepared to educate a substantial number of students in the coming years. Second, empowering students and faculty to translate ideas into ventures that contribute to the economy and livelihoods is vital. Higher education institutions can play a transformative role in commercialising research and technology transfer, creating jobs, and boosting the economy. Lastly, these institutions should strive to solve the problems and challenges faced by the nation. By becoming citadels of knowledge, they can contribute to strategic areas, economic impact, emerging fields, post-pandemic issues, and preserving traditional knowledge systems. Higher education institutions have the potential to go beyond providing degrees and jobs. They can align their efforts with the nation’s broader objectives, address areas of national importance, and contribute to India’s centenary year goals. By embracing their role as knowledge repositories and fostering innovation, these institutions can shape the future by producing graduates who can make a meaningful impact in various domains. The National Education Policy serves as a roadmap to guide higher education institutions in achieving these objectives, and their success will contribute to India’s progress toward its vision for 2047 and beyond”, Shah concluded.

Navigating education in a globalised world: India’s education renaissance

Features

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Sheeba Chauhan, Senior Sub Editor

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July 10, 2023

Education across the world is navigating a path of development by transcending borders and redefining the way we learn. From remote villages nestled in the heart of Africa to bustling metropolises in Asia, the tides of change are sweeping across the globe, empowering individuals and communities alike. The global education is expected to show an annual growth rate (CAGR 2022-2027) of 10.37%, resulting in a projected market volume of US$9.55bn by 2027. The traditional boundaries that once confined education within the walls of classrooms are being shattered, making room for innovative approaches, digital tools, and inclusive opportunities. As the world embraces this learning revolution, a profound shift is underway, democratizing knowledge and unleashing the limitless potential of minds hungry for growth.

Aiding this growth, the global educational services market has experienced substantial expansion, with a compound annual growth rate of 7.8%, increasing from $3,173.75 billion in 2022 to $3,421.26 billion in 2023. Furthermore, it is projected to reach $4,479.94 billion by 2027, growing at a CAGR of 7%. Several developing countries, including Canada, India, and nations in the Middle East, are making significant strides in the education sector on a global scale.

India, in particular, plays a pivotal role in the global education industry. With one of the world’s largest networks of higher education institutions, India has transitioned from its ancient Gurukul system to become the second-largest education system globally. The country is also a prominent player in the e-learning market, following the United States. The Indian education sector has witnessed increased private investments and collaborations with international brands to provide an internationally recognized standard of education. The demand for specialized degrees has risen, with students opting for industry-focused qualifications. Higher education institutes in India are responding to this demand by creating online programs.

The future of education not only in India but worldwide is being reshaped by cutting-edge technologies such as AI, ML, IoT, and blockchain. The Education 4.0 revolution, emphasizing inclusive learning and enhanced employability, will redefine the educational landscape. Technology has made the world a smaller place, enabling individuals to access educational resources, evolve, and make a meaningful impact irrespective of their geographical location.

Indian Education Market Size – An Open Door for Opportunities

India’s education sector is projected to reach a value of US$225 billion by FY25 (Source: IBEF). With over 250 million school-going students, India has the largest student population in the world. However, according to UNESCO’s ‘State of the Education Report for India 2021’, the Pupil Teacher Ratio (PTR) at senior secondary schools is 47:1, higher than the overall school system’s ratio of 26:1.

As of FY21, the number of colleges in India stood at 43,796, while the number of universities reached 1,072 as of November 25, 2022. In the academic year 2022-23, India has a total of 8,902 institutes approved by the All India Council for Technical Education (AICTE). These institutes include 3,577 undergraduate, 4,786 postgraduate, and 3,957 diploma institutes. Furthermore, the Indian edtech market is expected to grow significantly, with a projected size of US$30 billion by 2031, compared to US$700-800 million in 2021. Additionally, the online education market in India is forecasted to expand by US$2.28 billion during the period of 2021-2025, with a compound annual growth rate (CAGR) of approximately 20%.

These statistics, combined with government policies like the National Education Policy (NEP) 2020 and other ongoing initiatives, position India as a prominent global educational hub.

Navigating Education in a Globalised World

Technology has made it possible for everyone across the world to navigate in the field of education beyond boundaries. As we navigate education in a globalised world, it is important to foster an inclusive, forward-thinking approach that prepares students for the opportunities and challenges they will encounter. By embracing cultural diversity, developing global competencies, leveraging technology, and fostering a sense of global citizenship, we can empower the next generation to thrive in an interconnected world.

Various initiatives, MoUs, and collaborations can be seen across nations as a result of these interconnected relations with a bigger goal of thriving in education. India’s step towards opening up gates for foreign varsities to establish campuses in India is one of the majors. Recently, in the presence of honourable Prime Minister of India, Narendra Modi, and President of US – Joe Biden, Indo-US collaborates to strengthen research. In March this year, India signed an MoU with Australia regarding mutual recognition of University, Vocational, and School qualifications in both countries. This agreement will help the students of both countries to study in either country as their qualifications will be recognized and will be valid in both countries.

Enhancing its education base in the UAE, India signed an MoU with UAE on cooperation in the field of education. The broader agenda of this is to widen the scope of engagements and promote an exchange of information education, capacity development of Technical and Vocational Education and Training (TVET) teaching staff, facilitation of academic collaboration between Higher Education Institutions (HEIs) in both the countries for offering twinning, joint degree and dual degree programmes and any such other areas agreed upon. Also, the World Bank’s Board of Executive Directors has approved a loan of $255.5 million to help India improve the quality of its technical education and provide more career opportunities to students.

India is not just home to the oldest universities like Nalanda or Takshila, it is now home to almost top educational institutions across the world. As per the QS World University Rankings 2023, Nine Indian institutes – the Indian Institute of Science (IISc) in Bengaluru and eight Indian Institutes of Technology (IITs) – were among the top 500 universities. India has always been a knowledge hub in history and now it is on a path to continue holding the knowledge crown by revamping policies, international collaborations, and bridging the gaps to a brighter education system.

Developments Shaping the India Education Ecosystem

The education and training sector in India has witnessed some major investments and developments in the recent past. Some of them are:

The Union Budget 2023 set aside Rs. 1.12 lakh crore (US$ 13.5 billion) for education – the highest ever and an increase of around 8.2% than what was pegged in 2022-23.
The University Grants Commission (UGC) has announced draft norms for facilitating foreign universities and educational institutions to set up campuses in India.
The provisions for multiple entry and exit in higher education, the National Credit Framework, and the Curriculum and Credit Framework for Undergraduate Programmes as envisaged under the NEP 2020.
As per the QS World University Rankings 2023, India is home to 41 out of almost 1,500 top global institutions in the world, with the Indian Institute of Science in Bengaluru being the highest ranked institution in the country at rank 155.
In September 2022, UnfoldU Group, India’s leading online education player, announced plans to enter the space of Metaverse education.

Winding Up!

The education sector across the world is witnessing remarkable growth and transformation, driven by technology and digital advancements. Technology has emerged as a powerful catalyst for transformation, particularly among the younger generation who readily embrace new technologies. The potential of technology and digital media to drive innovation, education, and societal change is immense. As the world becomes increasingly interconnected and information becomes more accessible, technology plays a pivotal role. India, after its economic reforms in 1991, has already made significant strides in global integration. With the adoption of technology in education, India is poised to enter the next phase of globalization. Let us embark on this ongoing journey of progress and make a meaningful impact on a global scale.

TeamLease launches Digivarsity – India’s first AI-powered platform for work-integrated degree and career Discovery

Corporate Updates

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digitalLEARNING Network

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July 7, 2023

The introduction of Digivarsity, a ground-breaking tech-first platform that seamlessly combines academic learning with real-world experience for higher education students, was announced today by TeamLease Edtech, India’s top provider of learning solutions. With the platform, higher education in India is expected to undergo a revolution, equipping students with both the practical skills and academic knowledge required for long-term career success. With the help of over 150 major enterprises and partnerships with India’s top 10 institutions, Digivarsity is now able to provide cutting-edge degree programmes that are related to the world of work. It allows them to combine their academic studies with real work experience and make educated decisions about their education. The NEP2020 vision for the future of higher education in India is truly realised in Digivarsity.

The Board of Apprenticeship Training (BOAT-WR), CSC Academy, Assam Electronics Development Corporation (AMTRON), Government of Telangana, and APSCHE (AP State Council of Higher Education) are some of the PSUs that have partnered with the company to further the cause and reach of these Work Integrated Degree Programmes.

“Digivarsity is positioned to usher in a seismic shift in India’s higher education system. To scale the platform and serve more than 10 lakh students, we would invest INR 100 crore over the following five years. The objective is to give students the skills that employers are looking for and to sculpt the workforce of the future”, said Shantanu Rooj, Founder and CEO, TeamLease EdTech.

The introduction of Digivarsity tackles important issues that both industry and universities are facing. The majority of businesses lament their inability to attract and keep talented workers, while universities strive to provide academic excellence and skill development for their students so that they are marketable upon graduation. A collaboration between the employer and the university can bridge the gap between the two worlds and benefit the learner. By facilitating work-integrated degree programmes, developing a talent supply chain for the future, and assisting universities in broadening their influence, Digivarsity acts as a catalyst for change. In the coming years, Digivarsity will be crucial in raising India’s GER. The programs on Digivarsity are unique as they embody three important attributes –

● Earning while Learning

● Learning by Doing

● Learning with higher Signalling Value

Every student who enrols in the Work-Integrated Degree Programmes offered by the partner universities will be given the chance to complete an on-the-job internship or apprenticeship with an employer. As a result, the student will graduate with actual work experience and will thus have a distinct advantage over college freshmen who lack experience. Additionally, each student will receive a monthly stipend to help pay for their education and other expenses, realising the goal of “Earn while you Learn,” according to Neeti Sharma, President and Co-Founder of TeamLease EdTech.

In order to customise education, Jaideep Kewalramani, COO and Head of Employability Business, TeamLease EdTech, says, “At Digivarsity, we believe in leveraging technology.” “Our AI-driven platform is tailored to the unique requirements of both companies and students. For a fully individualised experience, we take into account both subjective and objective factors like location, interests, academic background, and ability. It ensures that students obtain specialised assistance by matching higher education programmes with pertinent employer opportunities. The platform also makes use of progressive aptitude tests, visual cues, and digital video resumes to improve the candidate evaluation process. We differ from conventional education platforms because of this.

Apeejay Education announces to fully integrate AI into its all schools and institutions

Corporate Updates

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digitalLEARNING Network

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July 7, 2023

Apeejay Education, a pioneer in the field of education and technology, has announced its plans to fully integrate Artificial Intelligence (AI) into all its schools and institutions over the coming months. In a ground-breaking move, the institution will also establish an AI Digital Technology Lab to spearhead advancements in AI for education.

“Apeejay Education has always been at the forefront of technological innovation in education,” said Dr. Neha Berlia, Co-Promoter, Apeejay Education. “We were the first in Asia to move fully into the cloud in 2008, and now we are ready to take the next leap into the future with AI.”

The AI Digital Technology Lab will serve as a hub for innovation, research, and development in AI technologies for education. It will play a crucial role in the institution’s mission to harness the power of AI to enhance teaching and evaluation methods, enabling personalized learning experiences and more efficient assessment methods.

Apeejay Education will be working closely with stakeholders during this period, recognising the importance of a smooth transition. The institution is dedicated to addressing any concerns and ensuring that the adoption of AI and the establishment of the AI Digital Technology Lab align with its mission of providing quality education.

“We understand the implications of this transition and are committed to working with all parties involved to ensure a seamless integration,” added Dr Neha Berlia. “Our goal is to leverage AI to enhance our teaching methods and evaluation systems, ultimately benefiting our students and setting them up for success in the digital age.”

This announcement reaffirms Apeejay Education’s legacy as a trailblazer in adopting technology in education. As the institution steps into the future, it continues to uphold its commitment to providing innovative and quality education for all.

26th Elets World Education Summit concludes with a vision for educational advancement and ignites a spark for change in education

Press Release

By

digitalLEARNING Network

-

July 6, 2023

The 26th Elets World Education Summit, a premier global event in the education sector, concluded on 5th July 2023 after two days of action-packed knowledge sessions, awards and expo, leaving a resounding impact on the participants and setting a new benchmark for excellence in education.

Hosted at Vivanta by Taj in New Delhi, the summit brought together renowned educators, policymakers, industry leaders, and innovators from around the world. Over the course of 2 days, the summit served as a platform for engaging discussions, insightful presentations, and collaborative networking opportunities, all aimed at shaping the future of learning.

The 26th Elets World Education Summit powered by Creatrix Campus featured a diverse range of sessions, covering topics such as educational technology, curriculum design, teacher training, inclusive education, and more. The summit unfolded in two different segments — School and Higher Education.

The summit kick started with the welcome address of Dr. Ravi Gupta, Editor-in-Chief, Digital Learning Magazine, Founder and CEO, Elets Technomedia said, “We believe that technology has the power to revolutionise the education sector in India, enhancing our overall enrollment ratio and bolstering the effectiveness of learning. Its potential to transform India into a developed nation aligns with the vision set forth by our Hon’ble Prime Minister. Education stands as the paramount sector calling for a transformation driven by technology.”

The Chief Guest of the Summit – Temjen Imna Along, Hon’ble Tourism & Higher Education Minister, Government of Nagaland said in his keynote address that “Education is the journey towards achieving excellence, enabling our generation to be prepared to confront any situation and become valuable human resources for their nation, community, family, and personal growth. However, it is not merely education that holds significance; it is the provision of appropriate education that is crucial. Striking the right balance in education is essential, not just for India as a nation, but for countries worldwide.”

Prof. (Dr.) T G Sitharam, Chairman, All India Council for Technical Education (AICTE) who joined the summit as ‘Guest of Honour’ addressed the gathering and said, “To revolutionize higher education, it is imperative that we collaborate as a team. Our collective goal should be to establish expansive, well-equipped, and dynamic educational institutions that offer a diverse range of disciplines. These institutions should strive to deliver education of the highest quality, fostering innovation, entrepreneurship, research, and community engagement.”

Among the other highlights of the summit was the keynote address by K Bhaskar, Commissioner of School Education (Infrastructure), Department of School Education, Government of Andhra Pradesh who said, “The textbook serves as the foundation of the learning process. Its content is transformed into a digital format, which provides an additional layer of information and a wider range of sensory experiences. While textbooks can only offer textual information and limited visuals, digital formats offer various sensory inputs such as running text, videos, audios, quizzes, and discussion points. This approach, known as blended learning, combines the core textbook content with digital resources, making it available for both students and teachers.”

The summit witnessed Mikael Hermansson, Tedx- Speaker, Author and Edutainer, from Sweden, Europe who addressed the gathering with his exciting anecdotes and introduced GOTD, “Grej of the Day (GOTD), is designed to bring joy back into teaching and learning. By implementing this formula, I aim to make learning meaningful and engaging for students, fostering a sense of excitement and accomplishment in the classroom.”

There were a lot of others esteemed guests who captivated the audience with their visionary ideas and thought-provoking insights. Their profound understanding of the educational landscape left a lasting impact and inspired participants to reimagine traditional paradigms.

Furthermore, the summit showcased a dynamic exhibition hall where leading edtechs Sri Connect, Zenda, Saar education, Quest+, T 10 Sports, Maxhub, Camu, Godrej Interio, Henry harvin Education and many others showcased their groundbreaking solutions. This provided participants with an opportunity to explore the latest advancements in educational tools, platforms, and methodologies.

In the award segment of the summit, some of the prestigious organisations, leaders, schools and higher education institutions received the awards in various categories for their remarkable achievements in the realm of education.

The success of the 26th Elets World Education Summit reinforces its position as a leading global platform for education stakeholders. Elets Technomedia extended the gratitude to all participants, speakers, sponsors, and partners who contributed to its success.

As the curtains close on this remarkable event, the legacy of the 26th Elets World Education Summit will continue to inspire and drive progress in education. The momentum gained during the summit will fuel ongoing efforts to transform learning and with the same enthusiasm, we will be back with the next edition of WES in Singapore & Malaysia to create a brighter future for education.

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