Financial Daily from THE HINDU group of publications Monday, Oct 11, 2004 |
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Info-Tech
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Industry Associations Industry & Economy - Education New curriculum with industry-relevant skill-sets Nasscom mulls pact with UGC Moumita Bakshi
Mr Kiran Karnik, President, Nasscom
New Delhi , Oct. 10 THE National Association of Software and Services Companies (Nasscom) is looking at entering into a memorandum of understanding with the University Grants Commission to help incorporate industry-relevant skill-sets as part of specific curriculum. "As part of our supply side initiative relating to higher education, we are looking at MoU with UGC. The idea is three-fold. First, in business process outsourcing (BPO) space we will try and define skill-sets and see how they can be back-ended into the university system," the Nasscom President, Mr Kiran Karnik, said. As part of the move, Nasscom could identify those skill-sets that are not a part of a particular discipline. "We can devise certificates in specific functional areas, including treasury management, and international accounting practices, which students can pursue parallel to a graduation course," he said. Nasscom would "trigger" the process by developing the content, but certificates would be issued by UGC, he added. "The second aspect of the proposed alliance relates to engineering, and this concerns quality and relevance. We will see how we can work with universities to train professors on the latest technological development," he added. The third facet of this initiative is research. "We will try and see how research that is done is relevant and current. We will address issues such as how research can be of immediate value to the industry," he said. Mr Karnik said that the proposed MoU would be aimed at improving the industry-academic collaboration. The IT software and services industry has grown rapidly over the last decade and now encompasses about 800,000 employees. Over the next five years, this number is expected to triple to over 2 million professionals so as to meet the target of $50 billion in revenues. Human resource challenges, such as training, attracting, retaining and motivating employees, are the critical success-determinants for this industry, feels Nasscom.
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