Reliability theory is a complex science related directly to engineering, science and economics. Reliability is theoretically defined as the probability of success or the frequency of failures. Reliability engineering deals with the estimation, prevention and management of high levels of lifetime engineering uncertainty and risks of failure. At present, not only engineers and scientist but also government leaders are concerned to increase the reliability of manufactured goods. We at one of the best universities in Jaipur, JK Lakshmipat university believe that failure prediction can be improved if reliability modeling is integrated in the field of Civil engineering, Mechanical engineering, Computer Science engineering and many more. In order to solve many of engineering problems those arise in reliability theory, the methods of probability theory has been used. Reliability theory introduces quantitative indices of quality of production. Reliability engineering has both Continue reading
As India is marching on the path of economic progress, there is a huge job potential for commerce graduates in the various fields of business and finance. Commerce education undoubtedly is one of the most popular academic choices in India. The landscape of commerce education is changing at a faster pace and there is surging demand of student from commerce back ground. Such student has imparting knowledge in the various interdisciplinary branches of business such as Accounting, Auditing, Taxation, Law, Transport and Communication, Banking, Insurance, Statistics, Economics, Finance and Control, Capital Markets, Financial services and the contemporary courses like E-Commerce, Internet and E-business, Business Analytics etc.
Bachelor of Commerce is a terminal degree which provides the occupational training to the students like clerical, accounting, secretarial and sales etc. The students after graduation in commerce can go for clerical posts in various private and government sectors like audit and chartered firms, business establishments, banks, insurance companies, railways or government agencies through Institute of Banking Personnel Selection, Staff Selection Commission and Railway Recruitment Board and other competitive exams conducted by private and Government sector. However, if the students want to go for more specialized and professional education for higher position, pay and perks may opt for pursuing MBA, CA, CMA, CS, CFA, Security market programs etc., or pursue M.Com followed by M.Phil, and Ph.D to build career in academics at various educational institutions and Universities. Commerce graduates with MBA in finance or any other professional qualification have wide range of career opportunities as Account Officer, Finance Managers, Financial Analysts, Bank Officers, Budget analysts, Stock brokers, Stock Market Analysts, Audit Officer, Tax consultants etc. Continue reading
In the fast paced and dynamic world of today, if something has not changed – it is Finance! Money still rules the World! The World is divided between haves and have-nots; i.e., those who have money and those who have not! After the recession of 2008, how we manage our Finances became quite important. The 2008 sub-prime crisis occurred due to the special financial instruments which few could understand! In the year 2015, with the crash in commodity prices, especially oil, countries like Saudi Arabia, Kuwait, Venezuela, etc. stared at declining oil revenues. In order to maintain their living standards, they started planning how to conserve their dwindling foreign exchange reserves and looking out for newer avenues for raising Finances! Again, in 2015, the World saw negative interest rates for the first time in Asia, starting from Japan! This unconventional monetary policy tool was used by Sweden’s Central Bank in July, 2009 for the first time. It means that for keeping money with the bank, don’t expect to receive any interest; in-fact, in reverse, one needs to pay bank for the same. And the borrowers receive interest for taking loans! All this calls for an understanding of Finance as an enabler, creator and conserver of money and fortune! The top class Finance Faculty at Institute of Management, JK Lakshmipat University, the best MBA University in Jaipur make the same understanding – a child’s play!
According to Investopedia, “Finance is the science that describes the management, creation and study of money, banking, credit, investments, assets and liabilities. Finance consists of financial systems, which include the public finance, corporate finance and personal finance, and the study of finance and financial instruments, which can relate to countless assets and liabilities.” In older times, barter system was used which took care of the payments – but, it had limitations. In modern times, currency in form of notes and coins took the place of barter system. Of late, the use of digital cash is on rise. Similarly, the simple notions of money, banking, investments, assets and liabilities have undergone a dramatic change in the last decade or so. Continue reading
As we know that employability of the engineering graduated has recently declined to a historically low that has caused a panic among the educators in India. Technical education – a professional degree program is supposed to provide hands-on learning in several disciplines of engineering and technology. These professionals are supposed to solve the real life challenges and to improve or facilitate the lives of the individuals of various walks of life. The classroom learning involves understanding the technological concepts with appropriate mathematical treatment. However, to effectively learn several technological concepts of any engineering program, it is important to apply those technological concepts to solve some real life application based problems in order to reinforce the real potential of those concepts and to learn the underpinnings and limitations of those concepts.
Often times, the classroom teaching is focused on covering lot of fundamental concepts with appropriate mathematical treatment but little focus is given on the real life industrial case or application based exercise. In absence of the application of the studied concepts, the mathematical analysis of the concepts remains meaningless and as a result of that, students forget those concepts quickly or after passing the exams. This methodology of teaching converts the technical education to a “rote learning” and thus leaves a significant gap between the industry expectations and score of the degree examinations. It is therefore essential that application or case based teaching methodology is developed and adopted to make technical learning effective so as to bridge the gap between examination scoring and an ability to solve the real life engineering problems. Continue reading
Education is sprouting fast. Every day, we hear about some new technology that will change the world and the way we learn in it. Today, Best universities among the world such as JK Lakshmipat University offer degrees in computer science, computer engineering, information systems and technology or in another name closely tied to computing. Moreover, computer and information technology is integrated into other disciplines. Computer science and engineering is central to computing and it affects the various problem domains including Medicine, Science, Engineering, Mathematics and Computer science, Business, Art, Humanities and Entertainment.
In advance of scientific knowledge and engineering practice, computing is now regarded as an equal and indispensable partner along with theory and experiment. The increased interest in computer science engineering is resulting in a more diverse population of students taking computing courses. Computational science and engineering focuses on the development of problem-solving methodologies and robust tools for the solution of scientific and engineering problems. We at one of the best universities in Jaipur believe that computational science and engineering will play an important if not dominating role for the future of the scientific discovery process and engineering design. Continue reading
JK Lakshmipat University (JKLU), Jaipur
Inspired by the vision of Lala Lakshmipat Singhania, the key architect of J K Organisation, JK Lakshmipat University (JKLU) was set up, in 2011, with his belief that “education is not only reading and writing, and knowing a number of subjects – education is education for life”. JKLU, a multi-disciplined institution of higher learning and research, is fast emerging as one of the best universities in Jaipur to provide a perfect platform for students and scholars to pursue value based education and research in the disciplines of Management, Engineering, and Applied Science.
Programs offered at JK Lakshmipat University, Jaipur.
JKLU’s Institute of Management, recognized as a top b school in Jaipur Rajasthan, offers following flagship programmes:
- MBA (Dual Specialization) in Finance | Marketing |Human Resource | Information Technology |Operations Management | International Business | General Management (2 Yrs.)
- BBA + MBA (5 Yrs.) – Dual Degree program
- B. Com (Hons) + MBA (5 years) – Dual Degree program
I hear and I forget;
I see and I remember;
I do and I understand.
Engineering education is incomplete without laboratory practice. The overall goal of engineering education is to prepare students to practice engineering and in particular to deal with the nature of problems faced by the society. The laboratory practice has been an important part of professional and engineering undergraduate education; the laboratory is an ideal place for active learning. Students learn in a real world environment, function as team members, discuss the planning of experiments, and share ideas about the analysis and interpretation of data. Most engineering instruction took place in the laboratory and it demands the active use of knowledge and skill.
For the student the objective of engineering laboratory is to “practice by doing” and the laboratory courses help them to gain insight and understanding of the real world which they learn in their theory courses and the ideas for innovations. Now there is shift from the text book learning to the learning by observation and doing. Students have to design, analyze, and build their own creation. The emphasis on laboratories has increased many folds over the years. Now attention has been paid to laboratory courses in the curriculum and teaching methods. Continue reading
What is nanotechnology?
Nanotechnology is a multidisciplinary branch on engineering involving study of materials at a length scale of 1-100 nm. One nanometer is a billionth of nanometer. For reference, a sheet of paper is 100 thousand times thicker than a nm and a human hair is 70 thousand times thicker than a nm. Nanotechnology involves synthesis, imaging, modeling, and manipulating materials at this length scale. The materials properties at this length scale are very different than the bulk scale properties of materials. The difference between bulk properties and nanoscale properties is due to the different nature of physics theories. At nanoscale the quantum effects govern the properties of the materials unlike at the bulk scale where classical mechanics govern the behavior of material properties. Because of this difference, the materials designed using nanotechnology demonstrate unprecedented properties and scientist are taking advantage of nanoscale phenomena to bring useful and innovative applications.
Carbon nanotubes are one of the most researched nanomaterials because of their excellent mechanical, electrical and thermal properties. It consists of carbon atoms covalently bonded in a cylindrical crystalline lattice. A single wall carbon nanotube consists one cylinder of carbon atoms while multiwall carbon nanotubes have many concentric cylindrical lattices of carbon atoms. Single walled carbon nanotubes (SWCNTs) are much lighter yet many times stronger than steel making them the strongest known material. The Young’s modulus of SWCNTs is in order of 1 TPa, where as carbon fibers have 800 GPa and glass fibers have 70 GPa. CNTs have average breaking strength of 30 GPA whereas carbon fiber about 6 GPa and high strength steel about 3 GPa. Continue reading
As computer networking becomes an increasingly routine part of our daily lives, the jobs of computer networking specialists and administrators become more important. It is the job of the computer-networking specialist to keep the networks working. Once a network goes down, many businesses cease to function until it returns to normal. Computer networks have become the communications backbone of large and small businesses.
Networking is changing the world of consumer electronics, biomedicine, industrial automation, supercomputing, cloud computing and defence. With the advent of Ethernet-enabled sensors and controllers, companies are increasingly looking at hooking their factory floor to their executive offices and beyond. Enterprise management is another widespread application made possible by networking. Continue reading