GTU’s ‘GIFT’ Tailor-made MBA grads

The university will make changes to its MBA course specifically to meet manpower needs of Gujarat International Finance Tec (GIFT) City

Yogesh Avasthi
Posted On Thursday, November 18, 2010 (http://www.ahmedabadmirror.com/index.aspx?Page=article&sectname=News%20-%20Latest&sectid=2&contentid=201011182010111803092369939da873a)
The Gujarat Technological University (GTU) has decided to tweak its MBA and MCA programmes to meet manpower requirements of Gujarat International Finance Tec (GIFT) City, an ambitious ‘business district’ proposed in Gandhinagar.
According to an estimate, GIFT City, which will seek to be a hub for global financial services sector, will need workforce of more than 1 lakh. GTU wants to make sure that its students gain the most from this demand.
“Recently, we met officials executing this project and discussed what kind of talent they would seek,” the varsity’s vice-chancellor, Akshai Aggarwal, told Mirror. “Our aim is to churn out MBA and MCA graduates who have the skills demanded by the industry.”
He said that changes to the two course would be made only after a thorough study of current and emerging trends in the financial sector. “Our management programme will have more components related to financial services. We hope to introduce the modified course by June 2011, when the next academic session will begin,” Aggarwal said.
GTU is making a concerted effort to know the requirements of the industry. Apart from meeting officials of GIFT City, it has also held discussions with officials of the national commodity exchange. Next month, it will organise a workshop where 30 to 40 experts and representatives of GIFT City and some private firms will discuss the gap between academia and the industry and propose changes to GTU’s syllabus.
While hiring, companies often complain that students don’t have sufficient knowledge about the kind of work they have been selected to handle. GTU’s workshop will seek to address such problems. “By modifying our syllabus after taking into consideration needs of the market, we will create better opportunities for our students,” Aggarwal said.
If the university introduces changes to its MBA and MCA courses by next year, then students who pass out in 2013 will be in a position to seek better jobs and pay.
Lately, the varsity has taken a raft of measures to improve the quality of young professionals it produces. It has asked its faculty members to improve the level of teaching and has announced monetary incentives to encourage students to take up more research work. Next on its agenda is sending its students for internships in India and abroad.

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