Google, the network and services giant, hired two BITS Pilani students for a whopping annual package of Rs. 1.44 crore, the highest Google has ever offered in the country. The package has also become the highest offer made to any Indian student in 2013.
The two students are Thoppilan Romal Devassy and Kannan Sunder, both natives of Mumbai and seventh semester students of the computer science branch in BITS, Pilani. More than 100 students participated in the interview and appeared for seven technical rounds and one written examination which were conducted in the campus. The other five rounds of technical interview related to subject knowledge were conducted in Bangalore. Networking giant Facebook also visited BITS for the third consecutive year and shortlisted three students.
It seems to raining placements in other technical and management institutes as well. Engineering colleges affiliated to RTU are also receiving a good response from the market post recession. IT giants like Infosys, Wipro and Forbes 500 in financial, real estate and consultancy are visiting campuses and hiring students in bulk.
Two BITS Pilani students offered highest pay package till date
IIIT-Allahabad signs MoU with 6 foreign universities
The Indian Institute of Information Technology, Allahabad (IIIT-A) has added another jewel to its crown by entering into an agreement with six foreign universities from Canada, Switzerland, Italy, Denmark and US to participate in the science conclave from next year.
The Memorandum of Understanding (MoU) was signed by IIIT-A director Dr MD Tiwari with representatives from six premiere universities of the world including Indiana University of Pennsylavania, USA, Centre for Tele-Infrastruktur, Aalborg University, Denmark, University of Rome for Vergata, Rome, Italy, State University of New York, Buffalo, New York, Biomedical Technology and Cell Therapy Research Technology, McGill University, Montreal, Canada and Ecde Polytechnique Federal De LauSanne, The Swiss Federal Institute Of Technology, Lausanne, Switzerland.
The universities have also agreed to nominate 5-10 students at graduate, under-graduate and research level to participate in the conclave. The MoU will be effective from January 2014 for the next five years, or until its termination by one or two parties. The next science conclave is scheduled from December 8-14, 2014.
CFA institute to open India Centre
US-based Chartered Financial Analyst (CFA) Institute plans to open an India centre in Mumbai by the second quarter of the next year. With almost 25,000 candidates every year from India, it is the third biggest market for the institute with US being at the top followed by China. The institute operates in India through its member societies such as the Indian Association of Investment Professionals.
The India centre aims to make the Institute a better known name in the country as a professional designation for investment managers and security analysts. This involves working closely towards industry, employers, universities and regulators to build the brand of CFA within the financial services world. The Mumbai office is expected to be a fully functional office where the CFA Institute will have people engaged with regulators, industry and educational activities. Institute works with partner institutes in each country to extend its professional qualifications. In India, too, the institute is looking to partner with local institutions.
The institute would also focus on its ‘Future of Finance’ project. Initiatives under the project are divided into six areas- financial knowledge, putting investors first, regulation and enforcement, retirement security, safeguarding the system, transparency and fairness.
IIT professors to take virtual classes in 100 colleges
Students of 100 engineering colleges will now be virtually taught by IIT professors. From January, as many as nine subjects, from mechanical engineering to Mathematics will be taught to these students by one of the best faculties in the country. In a variation of the Massive Open Online Courses (MOOCs), lectures by senior IIT faculty will be combined with inputs from regular college staff to improve educational outcomes. The initiative is taken as part of the Quality Enhancement in Engineering Education programme guided by the Ministry of Human Resource Development. E-tutorials and e-labs are also part of the first phase of the programme. The ministry reportedly hopes to extend this experiment to other disciplines.
India has previously experimented with online classes but their impact has been marginal probably due to their lack of interactivity. When the teacher-student ratio in most classrooms is 1:40, there is dearth of properly trained faculty; the availability of online content can usher in the much required experimentation in the higher education model.
Amity to provide vocational training in collaboration with international counterparts
Amity University sealed a deal with Australia based training providers Heraud Education and TAFE to provide vocational education in India.
Technical And Further Education South Australia (TAFE SA) will work with the two institutes and develop its first series of course on automotive training which will start next February in Amity’s Manesar Campus. TAFE SA will also develop courses on retail, building and construction, banking, accounting and healthcare. The initial course implementation and delivery, quality assurance and audits for delivery of the courses will be managed by Heraud.
Vocational courses offered will focus on providing value-based employment oriented future ready skills. Amity has also decided to open two new institutes, Amity Vocational Training Institute and Amity Skills Institute.
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115 more IIM seats added but CAT aspirants decline
The Indian Institute of Management (IIM) have added 115 more seats this year but the overall registration for CAT (Common Admission Test) has come down. The number of registrations have declined from 2.14 lakh in 2012 to 1.94 this year recording the lowest in the last five years.
The number of CAT aspirants from Tamil Nadu has shown a dip of 6% over the last year. As against with 13,121 candidates in 2012, only 12,348 registered this time. The sudden decline is understandable due to the economy slowdown. The existing sentiments of the graduates that there is no job in the country despite a management degree has affected registration. Earlier MBA degree was a safe bet but now there are apprehensions whether it is worth it. With the B-school fees going up from Rs10 lakh to Rs15 lakh for the two-year course, many aspirants feel that the cost is too high compared to the returns after completion of the course.
A total of 115 seats have been added to the IIMs, taking the tally to 3,335 seats. Maharashtra has the highest number of registrations, at 25,333, followed by Uttar Pradesh, Delhi and Andhra Pradesh. Tamil Nadu comes fifth on the list, followed by Karnataka.
DTE announces JEE centres in 20 cities of MP
Names of twenty cities which will be the centre of Joint Entrance Exam (JEE)- Main to be organized by the Central Board of Secondary Education (CBSE) in April 2014 have been announced by the Directorate Technical Education(DTE) of Madhya Pradesh. But it is not yet disclosed whether the new cities will be offline or online centres for the examination.
It has been made very clear by the authorities that as per government’s order, admission to state engineering colleges will only be through JEE from 2014. DTE had requested the CBSE to increase the number of JEE centres in the state to twenty eight but CBSE has agreed upon only 20 cities. The cities where JEE will be organized this year are Bhopal, Barwani, Balaghat, Betul, Chhatarpur, Chhindwara, Guna, Gwalior, Indore, Jabalpur, Khandwa, Khargone, Mandsaur, Ratlam, Rewa, Sagar, Satna, Shahdol, Ujjain and Vidisha.
Decline in number of student visa applicants to UK
The number of students applying for higher education to UK from India has seen a dip in last twelve months. India contributes the second largest number of students in the UK after China. There are almost 40,000 Indian students studying in UK but now there has been a decrease in the number of Indian students visa applicants to the country.
Possible reason for this decline is the depreciation of Rupee which has made education in UK much more expensive. Also, a tighter monitoring of students’ visa as people with interest other than higher education also use this route has led to the reduction in student visa applicants.
In order to attract more students from India, each year upto 700 scholarships are provided by UK institutions, including 40 sponsored by the UK government’s Foreign and Commonwealth Office. Recently the UK government has announced their largest ever scholarship programme for India with around 370 scholarships worth nearly one million pounds for 260 PG and UG courses. Moreover, there is no cap on the number of Indian students in the UK.
























