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Interweaving of Entrepreneurial Skill Development and Management Education

Entrepreneurship has been embedded in the Indian genius and is a part of Indian tradition since the time of Rigveda. In Indian context, entrepreneurship is more important as it is simply impossible for any government to provide means of livelihood to everyone. India has become a fertile ground for entrepreneurship by opportunities created by “Global Knowledge Economy” coupled with the “unshackling of Indigenous enterprise”. The present Indian entrepreneurial ecosystem is at the triggering point with lot of emphasis being given for bringing out entrepreneurial successes as small business is going to be a major driver and contributor to Indian economy.

The growing complexities of business decision making process have inevitably increased the necessity of formal business knowledge and entrepreneurial skills. Thus business courses especially management education has become a powerful means of empowerment and development of entrepreneurial skills and business knowledge. Management education is the best recipe with all required ingredients to provide relishes’ of doing business. Management education is indispensable for entrepreneurship skill development as the multi dimensional nature of the required entrepreneurial skills originates in management education and involves a combination of critical (objective, analytical and logical) as well as creative and empathetic ( lateral, imaginative and emotional) thinking. This skill development helps in creating an environment which encourages innovation. These innovations catalyses and flourish entrepreneurship by providing marketing opportunities which can be converted into wealth.

Institute of Management, JKLU, backed and sponsored by the JK Organisation, an Indian industrial conglomerate, is one of the top institutes for management in India. The integrated and dual degree programmes of Institute of Management, JKLU, inculcate not only the managerial skills but also sharpen the entrepreneurial skills to know about doing business by incorporating ‘Entrepreneurship Development’ as one of the core papers. The emphasis on practical learning, interaction with successful entrepreneurs and up-to date knowledge of business environment and business trends, and extensive analysis of real-life case studies make the management education programme of JKLU, the best management institute for studies in Jaipur, Rajasthan.

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Internships are of Vital Importance

Internships are of vital importance to engineering students who prepare for careers in private industry, consulting, government and research. Internships bridge the gap between theory and practice, and provide students with practical, field-based, real-world experiences during their years of study JK Lakshmipat University (JKLU).

The USP of JKLU is to offer its all engineering students two well-structured internships one for 30 to 45 Days in post 4th Semester (May-June ) and second which is of extreme importance and value is of Five-Six Months in the Final Semester .

The students are given enough time to choose mentor & company, decide location, and find suitability of their courses and industry where they have to go.

First Internship known as Practice School- I is for 4-6 weeks after completion of 4th semester during summer term. The objective of this programme is to provide the students an understanding of working of corporate world in various functions associated with an Industry/Organization. During this programme, they observe and learn various real world applications of their curricula and develop an understanding of vast engineering operations and its various facets such as inventory, productivity, management, information systems, human resource development, data analysis etc. The general nature of PS-1 assignments is of study and orientation. Students who have no exposure to Industry realize how ink-paper is transformed into Missile or Mobiles. Each Faculty guide students to choose their topic/industry of interest-and when they come back from PS-I -their fertile mind is full of innovative, mind-boggling questions -again for next three semester they co-relate theory with practical.

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Career Options for a MBA in Finance

Finance is one of the most sought after specialization of MBA. It is one of the oldest disciplines of management. Finance as a subject involves the management, control and review of the collection, investment and resources of money as a capital required for an industrial building, plant and working. Thus, financial management is concerned with the planning and controlling of the financial resources of an industry. In the foundation course on finance, the students are offered the knowledge and skills of analytical thinking, concept of managerial decision making, maintaining balance between risk and profitability, coordination of processes and centralized nature of finance.

MBA in finance is most sought after program across the world. One can do the MBA in finance, preferably from top B Schools in India after the completion of UG degree in diverse fields, viz., Engineering, Management, Medical, Science, Commerce, Arts and Humanities. A MBA in Finance, apart from the usual compulsory courses, will include courses in Investment Management, Portfolio Management, Working Capital Management, Taxation and Tax Planning, Corporate Valuation, International Finance, Management Control System, Banking and Insurance Management, Financial Risk and Derivatives Management, Financial Statement – Reporting and Analysis and Management of Financial Services. Institute of Management (IM) at JK Lakshmipat University (JKLU), Jaipur, amongst the top institutes for management in India offers MBA in Finance and has one of the best and strongest finance department to support it.

Quite often or not, we tend to create terms such as “The LPG Era”, “Computer Boom Era”, “The Information Technology Era”, “The Bio-Technology Era”, and so on. Looking to the current times, we can say that we are living in “The Financial Era”! All round us, the demand for the finance professional is growing by leaps and bounds, thanks to the sizeable growth in the Banking, Financial Services and Insurance field, more commonly referred to as the BFSI vertical. Therefore, a sizeable chunk of MBA aspirants specialize in finance these days since such a specialization paves way for high-paying job in banks and financial sector. With the global financial crisis striking in 2008 and the current Greek – Eurozone impasse continuing to threaten world trade, companies all over the world feel the need for financial specialists who can come up with quick solutions, taking the volatile conditions of the market into consideration. Finance is indeed an important part among the processes of any company and thus, there are plenty of career openings for an MBA Finance degree holder from JKLU, best college in Rajasthan for management studies and amongst the top private universities in India.
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Role of Corporate Sector in Indian Higher Education

Since the time of independence the Indian higher education sector has come a very long way from 20 universities and 500 colleges to over 650 universities and more than 33,000 colleges in 2011-12 to become the one of the largest in the world. India now ranks second after China in terms of enrolment of students. The government has set a target to achieve a Gross Enrolment Ratio (GER) of 30% by 2020. This sharp increase will be made possible in part due to the large number of private institutions of higher education set up by the private sector and the support of corporate sector. Currently more than 60% of higher education institutions are private institutes*. During last decade several other private universities have been established with the support of the different corporate sectors in India.

This support of corporate sector creates a new vision for Industry academia partnership, which linked with various advantages in terms of industry ready engineers. This partnership opens new chapters in terms of Corporate involvement in curriculum and content design, Joint seminars by academia and industry, Projects conducted under industry mentors, Industry experts in governing councils and boards of advisors, Summer internship opportunities, Academia generating ideas and acting as incubators for entrepreneurs, Industry visits for students and faculty, Guest lectures by industry representatives and much more.

The support of big corporate sector goes back a long time, like support of Tata and Birla to start colleges for higher education and research. Likewise JK Organization, one of the leading Indian corporate of the country with a rich heritage of more than 100 years, is strongly committed to support the Education and Healthcare. It started JK institute of Applied physics and Technology, Allahabad (1949), JK cancer institute and hospital in Kanpur. To ensure a good quality education JK Organization established a multidisciplinary university JK Lakshmipat University (JKLU) at Jaipur in Rajasthan in 2011 focusing on Engineering and Management. The responsibility of these top universities of India such as JKLU is to transform the students into a learned and skilled professional so that he can work well for the socio economic growth of India.

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Critical Success Factors of B-School

To be on the top, is the core desire of all endeavors be it business, politics, education or administration, but only few could reach and remain at the top. Education is the enabler and rider of acquiring the art and skills of success. Institutes of Management education are either the farmhouses or powerhouse of shaping and sharpening business-talents, who inculcate and facilitate the acts and the process of acquiring and imparting the knowledge of doing business. Institutes of Management those who have transformed their admitted students into business executives and leaders have attained the ladder of success and raised walls and gates their entry.

Realizing that Government alone cannot educate millions of young Indians, Government of India invited private players to join hands. Many entrepreneurs, industrialist and philanthropist became enthusiastic, who had little or no experience in education but were eager to learn. With the passage of time, these private players have built high quality infrastructures and have provided opportunities for millions of Indians for higher learnings. They adopted the policy of lower entry requirements and lower tuition fees but paid greater attention in promotion, in contrast to premier institutions’ strategy of high fees and high entry requirements and less promotion policy. The strategy of lower “fees’ and higher promotion might have worked for few B-Schools, but many new entrants failed to attract sufficient numbers of talented business education aspirants.

The four puzzling questions are:

  • What the top Management Institutes do to attract the talented students and teachers?
  • How the top Institutes of Management do things differently than the rests?
  • What a new entrant should do to ride the leader of success?
  • What are the missing keys?

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Higher Education in India and contribution of Management Education towards growth and development of Nation

The concept of development has evolved from income and income distribution to human resource development. The essence of Human Development is education, which crafts the socio-economic fabric of the Country and Management Education Plays a significant role in providing strength to this fabric. The demographic dividend that most often is talked about now a days cannot be achieved unless our most valuable resource i.e. youth is nurtured and shaped through quality professional education. Economic well-being can only be realized by developing higher intellectual and professional capabilities of human beings and Institute of Management provides a perfect blend of strong academic rigor and practical industry interaction to aspiring managers.

A good quality human resource base is extremely important in today’s highly competitive environment. Management Education facilitates to have a better quality of life. At Institute of Management of JKLU the philosophy is not only to create good managers and industry leaders but also to groom students to take up entrepreneurship which ultimately leads to job creation. The projects, assignments and field projects help students to interact with industry and also take up industry problems and burning issues as a learning opportunity, no wonder sometimes these budding managers come up with innovative solutions that even practitioners might not have thought of.

An emphasis on taking up social projects in the undergraduate Management programme (BBA) of the University facilitates in strong social foundation. Such efforts in Management education are critical for developing a modern economy, a just society and a vibrant community. Continue reading

Scope Of Computer Science Engineering And Information Technology


Computer Science Engineering and InformaComputer Science Engineeringtion Technology drive the world and has become an indispensable part of human civilization. For every learned individual, it is an asset for the knowledge economy. Computer Science Engineering not only grooms research scientists who have passion for invention and novel design of new technology and explore new vistas for the use of existing technology. Prospective computer technologists are supervised and guided by experts to study and solve complex problems in computing in all walks of human endeavour especially in business, science, medicine, and education sector.

As a career:

Booming IT sector in India has plenty of jobs for fresh computer science graduates. Candidates from top engineering Universities and colleges Like JK Lakshmipat University get attractive job offers from MNC IT companies. A person having B.Tech in computer science & engineering or information technology can start his career as IT engineer. Career in IT is considered one of the most high-paying jobs and is full of opportunities; particularly when India’s prowess in information technology industry is recognized across the globe. Besides the Computer Engineers have plenty of options to work in IT companies in departments such as design, development, assembly, manufacture and maintenance, etc.
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Rejuvenation and Originations with Mathematics using Computer Science Engineering

In sciences and in engineering discipline, mathematics is an essential tool. Engineers use in it for designing experiments, analyzing data, expressing their findings precisely through mathematical formulations and equations. These equations help us in making predictions as well making informed decisions.

Moreover, to tackle the most challenging of programs, mathematics will be of huge aid. In my own view, without proper mathematics, computer science engineering would be on the path to failure. For many programs to be created and written, logic is the central necessity, which in turn is mainly rooted in mathematics and mathematical principles. Hence, mathematics provides the right pathway towards success in computing. And as computing becomes increasingly significant in our daily lives, the study of computer science engineering becomes ever more essential. The B Tech program in Computer Science Engineering (CSE) at JK Lakshmipat University (JKLU) Jaipur develops analytical thinking and domain skills so that they are close to natural phenomena. The program structure of B Tech in CSE at Institute of Engineering and Technology (IET), JKLU covers domain proficiency along with spirit of creativity, enterprise, and ethical responsibility. Continue reading

Engineering & Technology Education in Rajasthan

The Engineering and Technical education in the state of Rajasthan is making its impact on educational landscape of India. It has more than 125 technical institutes with total intake of 54,000 undergraduates. Now, Jaipur is emerging as city of choice for engineering aspirants in the state of Rajasthan due to existence of prestigious institutions. Are you interested in studying engineering and technology in Jaipur? Or are you looking for the best engineering college in Rajasthan? If yes, then you need to look for institutions having the best infrastructure facilities, state-of-art laboratories, excellent faculty, an  institute that is a part of a private University, managed by former academicians from IIMs, faculty that is exposed to the education systems of Canada, Germany and the United Kingdom, and supported by top notch industrial house of India. In this case, Institute of Engineering and Technology (IET) at JK Lakshmipat University, Jaipur popularly called JKLU, may be one of your choices. IET at JKLU is supported by one of the leading corporate houses of India i.e. JK Organization (JKO).

JKO has been closely associated with several industrial bodies in India and abroad such as FICCI, CII and ICIN Paris for more than 120 years. JKO has business interests in manufacturing of Pulp and paper, Cement and Clinkerisation, Industrial and automobile belts, Power generation and transmission systems, Non-conventional power generation systems, dairies and products, Insurance and re-insurances, and clinical research to name but a few. This helps engineering graduates get exposed to modern industrial experiences and remain abreast with technological innovative practices in the industry. IET at JKLU has excellent faculty members in various disciplines of engineering; as well has some of the best engineering programs in Jaipur. Continue reading

From the Desk of Vice Chancellor


Dr. Devi Singh

Vice Chancellor
JK Lakshmipat University, Jaipur

We are witnesses of and partakers in the most crucial transition our nation has ever seen. India is metamorphosing economically, technologically, culturally and even socially. As the demographic dividend becomes a household term, the Indian higher education system is readying the largest army of future professionals, who will lead this transition and address the needs of the global industry and society, at large. The influence of professional education is thus undeniable, and it is binding that the educational institutes produce industry-compatible quality professionals. The definition of industry compatibility has evolved beyond intellectual capacity, and has embraced the essentiality of human values and emotional genius. The University thus, as the representative of the higher education system, plays a fundamental role in initiating and automating principled professional and personal growth in a future manager and engineer.

JKLU, takes pride in cultivating competent thought leaders, focused on finding answers to the problems of the society. We measure the qualitative strength of our academic and co-curricular design by the extent of intellectual, moral and spiritual stimulation and in developing innovation-driven leadership among students. Students form the axis and drivers of all activity on the campus. With the encouraging insights from learned faculty and nurturing leadership of the management, students drive the vision of the institute, and undertake a journey of professional and personal self-discovery. Continue reading