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
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
There are total 3 stages where a student (not parents) is given option to choose his own career path. At stage one, when he enters in the higher secondary education from secondary. He dreams something and accordingly he selects a broad area such as Science (Math or Bio), Commerce or Arts. Second stage comes after passing Sr. Secondary exam which is the key stage where he selects a very specific area for under graduation. Third stage comes after under gradation where students decide for their future strategy. If we see carefully these stages, the students are provided reasonable guidance by parents in selecting the broad area at 11th standard. However, students are most confused after passing out 10+2 exams due to different advices, insecurity, and pressure of parents’ ambitions and most importantly due to influence of friends’ decision. Third stage is full of clarity with freedom for students to finalize their career.
As per the study done by Career360, More than one crore students appear for their 10+2 examination each year across India. Of these, just over 15 per cent get the opportunity to go for higher studies and their choices have been uniform from time immemorial. The students are not aware of several career options they have. Parents play a very important role in decision making at this time. Now, what can be methodology to select the right career option? Parents first need to assess their ward’s interest area. One study that the parents only can do is to search career by looking into the Government’s policies and vision of coming 2-4 years. These visions show the growth direction of specific areas. 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
Sometimes, it is observe that many students take a lot more interest in certain engineering courses than others. There are courses that students want to learn, sessions are well attended. Student performance in these classes is often reflected in their grades. On the other hand, there are classes in which students enroll only because those classes are required for the degree they are pursuing. Those classes usually do not fill up, students often skip sessions, and the poor performance is reflected in the grades.
So, the author tells how to make such classes so appealing to generate the student interest. In the best university in Jaipur, JKLU, an engineering class can be made interesting and enjoyable by engaging students in activities that are required in an active class. These engaging activities include but are not limited to inviting guest speakers, taking students on field trips, showing related documentaries, involving students in laboratory work, involving students in research projects, having students develop laboratory apparatus and involving them in writing grants and research papers. By using these and other activities, Instructor not only earns respect in the eyes of the students but also make the discipline of engineering a worthwhile field of study. There are some other activities that an instructor at top universities in Jaipur, Rajasthan can add to his class to make the class more interesting for students. 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
Since past decade, there has been a rapid change in the way global economy and business organisations have evolved. Thomas Friedman in his book “The World is Flat” suggested that today the rate of change in all aspects is much different than it was in the past. On one hand, world is becoming flat at a warp speed and the economic cycles are getting shorter thus posing newer challenges while on the other hand these changes are providing immense growth opportunities. In such a situation it is just a question of identifying opportunities and harnessing them. In this changing scenario, Institute of Management at JK Lakshmipat University, Jaipur (JKLU) established by JK group has emerged as one of the leaders in providing management education.
Under the esteemed guidance of highly eminent individuals like Shri Bharat Hari Singhania (Chancellor JKLU and President of the JK Organisation), Dr. Raghupati Singhania (Pro Chancellor JKLU, Vice Chairman & Managing Director of JK Tyre and winner of the famous TIA Hall of Fame 2015), and Dr. Roshan Lal Raina (Vice Chancellor JKLU and former Professor of IIM Lucknow) the higher quality of JKLU education system needs no promotion. The visionary leadership at JKLU generates a feeling of belongingness amongst students, faculty and staff making the environment extremely comfortable for young minds to focus on learning and experimenting with newer paradigms of management education and practice. Continue reading
Scholars may be born but it is not an exaggeration if we say that they can be made too. In education through classroom have many flaws like – increasing population of students, and teaching restricted to classrooms only. The solution to these flaws lies in ICT (Information Communication Technology) based learning like more virtual universities, cost effective solutions and shared whiteboards. 20th century can be recognized as “Textual Era” and 21st century is known as “Digital Era” because today modernization of education took place. E-Learning facilitates people to learn anytime and anywhere. It reduces access time and distances. Smart Classes are necessary for effective teaching learning process which enhances interactive visual communication.
JK Lakshmipat University, Jaipur is one of the best universities in Jaipur, Rajasthan at top notch to implement latest classroom teaching methodologies. JK Lakshmipat University practises outcome based teaching learning processes including industry ready curriculum, research orientation at undergraduate level, highly qualified & skilled faculty expertise in respective domains, and infrastructure makes it the best choice for educational destination. Become a part of this academic excellence institution. Continue reading
As electricity demands are increasing day by day causing unbalance in the present grid system which results in various causes like load shedding, unbalance voltage etc. which ultimately affects the consumers.
Though government has taken series of steps to increase the generation capacity, it has lagged behind electricity demand and in addition to this, almost 25 -30% generated power is lost due to theft and other technical and non-technical factors. The major part of this loss occurred in the distribution sector, which is most daunting sector due to its complexity, interface with public at large with different needs & expectations. These high losses are neutralizing all other efficiency and improvement initiatives, which are the biggest challenges for distribution sector. The need to improve this sector was realized and step had taken to reduce high transmission & distribution (T&D) losses, control the theft / pilferage and rationalize the tariff.
The adaptation of smart grid offers a potential to revolutionize electricity supply system more effectively. Smart grid is a platform that integrates, monitor and operate electrical system in an automated fashion and provides a better use of existing network with basic automation systems followed by its upgradation. In India, challenges for implementation of smart grid are high transmission & distribution (T&D) losses, power theft, inadequate grid infrastructure, low metering efficiency and lack of awareness. The adoption of smart grid in India is a necessity not a luxury and will have following priorities. Continue reading
Prof Dr-Ing Anupam Kumar Singh*
Summary: Ethics and professional values are the most precious for professionals such as Engineers, Doctors, Lawyers, and Tax consultants. Since civilizations, India has been recognized for high ethical, professional and human values. However, after arrival of foreign rulers as well neo-rulers post-independence, there has been sharp decline and degradation in ethical and professional standards among Indian youths. The important reasons for degradation of ethical standards may be attributed to values in the university such as privatization of higher education system, delay in reinforcement of minimum technical education standards, easy access to large pool of information available through internet; values in the community such as excess exposure to social and digital media resources, declining human values among family and youths, limited mentoring support from family, and values in the world community such as over dependence on material wealth. The situation got further compounded as values in the world community got extremely high social recognition, and thus excessive increasing the market demand of professions such as engineers, doctors, managers, and lawyers. This article explores new possibilities and means for high professional values for technical education in India. The author suggests several possibilities to recover lost glory of Indian civilization, and establish once again modern Bharat based on high standards in human values and ethics, simplicity of living, and freedom of professional expression.
The Technical education landscape is changing rapidly due to establishment of large number of private universities and academic institutions in India during last 10-years. Indian higher education system needs massive expansion up to 1500 universities during next 5 years, in order to attain a gross enrolment ratio of 15% of the population, as desired by Government of India. In spite of last 6-decades of sustained efforts, India has just 160 central universities, 320 state universities, 210 private universities, and 12,800 technical institutions. The academic quality of these universities and institutions varies due to poor compliance of academic standards as laid down by regulatory agencies. Just one-third of universities and one-fifth of technical institutions in India have been accredited either by National Academic and Accreditation Council (NAAC) or National Board of Accreditation (NBA). Continue reading