Fashion Institute Of Technology Requirements For Post College Grad Trigger the Entrepreneur in You

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This idea goes back to the days when we deliberated on distinguishing between the terms “engineering” and “technology.” Engineering, by definition, is a design process that brings innovative thinking and customized solutions in all areas, including construction, power distribution, and machine intelligence design. Technology, by contrast, is the process or tool to carry out these designs. More than 25 years ago, as a young engineering aspirant, someone debated the nomenclature dichotomy of civil-mechanical-electrical engineering versus chemical production technology. Nonetheless, what we call “professional courses” are shaped and directed so that students make their own course of learning a profession. Apart from opportunities in mainstream functional areas such as project management, design, R&D and pedagogy, the typical commonality in all learning streams is that “engineers” can adapt to market fluctuations and advance their careers wisely. It also helps with shifting. For example, in 2000, a technician’s career made a phenomenal shift from all research streams to his IT. IT is a sector that has shown tectonic shifts since then.

Until a decade ago, our country continued to lack the number of engineers produced each year, according to surveys, for recruitment in both the private and public sectors. Statistics show that the number of engineering colleges has skyrocketed from a whopping 1,500 in 2007 to a staggering 3,300 in 2015, and in the tiny state of Kerala alone, he has over 150 colleges of engineering. Whether this has lowered standards or reduced demand for the profession, experts comment. But India now produces more engineers than the United States and China combined. Are you stratifying the output of Indian engineers differently? The best groups of IITs are followed by corporate-backed institutions, NITs, a selection of state universities, and the rest of the groups. On the one hand, IIT Mumbai’s brilliant topper walks away with an on-campus placement earning Plum his Clore and Yearly CTC, on the other hand, the lower floor engineer struggles to maintain in the first few years . A leading UK-based global recruiting firm suggested that engineering roles are the hardest to fill, with 45% of recruiters worldwide agreeing with him. According to his 2011 report for Nasscom, only 17.5% of his engineering graduates were considered employable. According to reports, India’s information technology industry spends about $1 billion a year to keep them in jobs. Again, we are talking about quality crunch in general. Ultimately, in Kerala he heard reports of over 50% merit his quota seats being vacant, AICTE cutting the number of engineering seats by 6 million.

The scenario here gives rise to the need for entrepreneurial development of young engineers. Tracing the career paths of engineers in India’s leading research institutes in recent times shows that a significant proportion of them either venture independently or gain short-term industry experience before becoming enterprising.India Premium The B school story is no exception. Additionally, their curriculum itself introduces entrepreneurship. IIT and IIM show a growing enthusiasm for entrepreneurship, with 4-5% of her students preferring startups to fancy job offers. At IIM Kozhikode, 15 of his batches passed the previous year are entrepreneurs. A recent report revealed that 41 students in various new batches of IITs are in various stages of their startup blueprints. Interesting stats! The question is why such initiatives are limited to premium institutions and not others. Why can’t we raise the bar and close the gap? Becoming a successful entrepreneur is perhaps the most difficult of all missions, but arguably the most satisfying in the end.

Let’s see some success stories. Sachin and Binny Bansal are two of his IIT natives from Delhi who embarked on an e-commerce startup in 2007 after their initial experience at Amazon, starting with small deals in books and electronics. Now, the company has evolved into a billion-dollar operating company, Flipkart, in less than eight years of his life, with M&A swallowing up all the little timers. A similar success story unfolds in his OLX and UBER Make my trip case studies around the world. His sophomore year at Harvard, his 19-year-old invented networking his tool in 2004 with the simple aim of connecting with college friends and it was an instant hit. The site is now one of the largest in the world with over 400 million connections, Facebook was created by Mark Zuckerberg. Indian startup success stories are endless. This is not limited to the IT and e-commerce sector. The service sector, logistics, etc. have also seen varying degrees of success through startups. Redbus, Taxi4sure, was conceived by a brilliant young engineer and bears the name of countless startups who have established a strong brand his equity in just 7-8 years. Founded in 2009, Gray Orange Robotics is the first venture of its kind to provide logistics automation solutions. The robot navigates shelves stacked with different products scanning barcodes, also the brainchild of two of his BITs Pirani youths.

“Zao Foods” is Mitari Harura’s vision of instilling the habit of eating nutritious foods. She came up with ‘Cafe Crostini’ in South Delhi. indie blogger. While in started as a free blogging platform, its founders had bigger plans to connect the corporate world, companies and brands to their customers as a revenue model.

“Under the mango tree” is a 14-year-old social venture to promote beekeeping by MIT graduate Vijaya Pastala. Swapnil kamat and his wife Ruchira had to go through hardships before they could set up their dream venture, Work Better-Training and Development. This is an executive training company focused on teaching behavioral and cognitive skills to corporate employees. Helping doc. com, an online venture by a team of medical professionals, conceived the idea of ​​providing medical support online. An overview shows that innovative ideas have explored all facets of life, low-cost energy, artificial intelligence, robotics, biotechnology, health, fashion, food, technology, and services. Investors are now looking for real business ideas to fund. Even corporations, as well as angel investors and venture capitalists, are allocating funds to invest in startups.

Ratan Tata, chief executive of the Tata Group, has taken a break from the day-to-day responsibilities of a corporate conglomerate to invest in 10 shortlisted start-up ventures. Investments are typically between Rs 100-500 crore and spread across dotcom, healthcare, clean energy, etc. Among them, “Swasth India” was selected. This is a Mumbai-based affordable healthcare setup that provides medical services to low-income people. This also he is IIT Mumbai. Alumni Venture. Franchise India recently hosted a forum to solicit business ideas in Mumbai. Also pro bono his consultants serving non-profit startups with social relevance and commitment. IIT Mumbai has Entrepreneurship Cell, a non-profit independent student organization, instilling an entrepreneurial spirit in students and working professionals. The Entrepreneur Cell of IIT Kharagpur recently held an Entrepreneurship Awareness Drive. This is a large-scale initiative to encourage students across the country to embrace the concept of entrepreneurship. These E-cells incubate startup ideas by connecting investors and entrepreneurs with similar interests. The Global Entrepreneur Summit, Eureka – International Business Plan Contest, and more are just some of the events that inspire up-and-coming young engineers. IIT Chennai also operates an incubation cell for startups, C-Tides, and a research park. Kerala is not far behind in startup initiatives and promotions. There is the Kerala Startups Society, a non-profit organization dedicated to building a vibrant startup ecosystem. Regular meetings are held to interact with investors, successful entrepreneurs and players. Based in his Trivandrum in IT Technology Park is the Kerala Startup Mission (KSUM), formerly known as the ‘Techno-park-Technology Business Incubator’. Kochi is home to another tech business incubator, Startup Village, led by Infosys’ Kris Gopalakrishnan.

Innovative business models are about identifying social problems and creating effective solutions. So the startup dynamic is one of social relevance, not just a commercial one. A friend of mine who was recently traveling from the Orlando airport to the hotel on a business tour paid about $90 for an airport taxi to his destination, but for the same distance back he took his Uber cab for about $25. used wisely. A cost-effective solution offered here. 10 years ago planning a trip to multiple cities in India would have required a lot of planning and follow up with travel agents, hotels, taxis, etc., but now, smart mobile his app of choice. Just mess around and it’s all done. Instances of life just got easier and smarter with startups. Naturally, startup mortality is high and not all ventures thrive equally. But for young people, it’s a learning curve to introspect, remodel, and evolve to success.

Recent business visits by the Prime Minister of India to the US, EU, Middle East and especially Silicon Valley have generated overwhelming feedback regarding investment proposals for India. The Prime Minister’s Digital His India push aims to generate innovative ideas in digital technologies, including Cloud His computing and Mobile His applications. As you know, the new generation of engineers are sharp, innovative, creative, and have a higher level of IQ than their predecessors. Now we have the brains, the money, the governance, and all we need is original thinking to generate ‘ideas’. prize.

I hope that the topic of up-and-coming engineers will be the “startup of an entrepreneur in you”. thank you very much!

(I am a corporate marketer based in Mumbai)

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