INFLUENCE OF INDUSTRY BASED PROJECT ON TECHNICAL DEVELOPMENT OF STUDENTS

Having theoretical knowledge of any topic is the 50% part of any subject. Another 50% part of it can be gained through practical knowledge. This combination of technical knowledge is important for any engineering applications or implementation of problem-solving techniques. 

As a technical student, our University-The NorthCap University, Gurugram provides us the basic and advance theoretical and some practical knowledge of our subjects. However, with the help of industry based live project, we get an opportunity to apply our theoretical knowledge in real world problem. During practical applications we get to know about many factors which we have not learnt during our classes and which will have large impact on our project outcomes. The NorthCap University has number of collaborations with various industries and hence provides us support in getting live project opportunities in these industries. 

For a student with a technical background, the major takeover from an Industry based live project is “Experiential learning” or “Discovery learning”. Industry based project not only influence our technical development but also help in developing research experience for undergraduate.

• It motivates us to face challenges and find solutions of any problem, to research and resolve the issues for a fruitful output.
• Most important it uses 21st century 4C skill viz a viz Critical thinking, Communication, Collaboration and Creativity skill.

Industry based live project provide us the opportunity to interact with the experts, mirroring what professional do, the way professionals execute their project and many more. Some basic skills that are enhanced by doing industry project are: - 

Thinking and Understanding skill: Understanding the basics of the project and data which needs to be worked on for further improvement. 

a) Try to figure out problem and their solution. 

b) Get to know about new technologies in the market and how market is influenced with the advancement in technology. 

Project Management skill: Working with the industry professional help us to learn: 

a) How to handle our project, manage our tasks and resources with time. 

b) How to identify whether moving in right direction or not, is there any more efficient way to solve any problem or what is the best way to solve a problem. 

Presentation skill: Presenting our project provides us an opportunity to polish our presentation skill. It: 

a) Improves our mind set regarding the ways to communicate with industry professional and outside world. 

b) Improve our communication skill, confidence level, leadership quality and ability to influence the people or group. 

c) The most important is that it helps in coordination, cooperation, and sense of responsibility. 

For most of us we learn best by explaining, examining, and experimenting with our project. As we know “we don’t learn to walk by following rules. we learn by doing …and by falling over”. 

Industry based live projects influence our technical development in such a way that it inspires and develop a lifelong learner in us and prepare us for the “real world” since that is naturally where our learning occurs.

Written by:

Dr. Anjali Garg,

Associate Professor-EECE Department

The NorthCap University

Mr. Mohit Yadav, 

Student-EECE Department

The NorthCap University

Education in Transition – BCom at NorthCap University

 In recent years, it has been acknowledged by the education sector that there has been a lot of emphasis on core courses to be taught in undergraduate programs. The vibrant business environment demands the acquirements to be more meaningful and purposeful. Bachelor of Commerce, at The NorthCap University, has come a long way to enhance the learning experience of students. Apart from offering conventional subjects, the program is embracing the interdisciplinary approach to conceive the business world from diverse perspectives. The advent of aspects like critical thinking has enabled students to analyse various challenges of corporate houses more objectively. The current scenario of cashless economy for example has paved way for new businesses that can be operated online. Paperless offices are gaining momentum in our country and posing new challenges for upcoming employments. The university has comprehended the current trends  and integrated courses like E-Commerce in the curriculum to give a boost to the career of students. Moreover, inclusion of Fine Arts in the course would stimulate students to look across disciplinary boundaries and enhance their creative potential. The analytical skills honed by education of fine arts provide a potential to understand the underlying patterns of consumer behaviour. The integration of various courses will enrich the knowledge of students and contribute in their trajectory of success.  

Dr. Deergha Sharma

Assistant Professor (Selection Grade)

The NorthCap University

Experiential Learning – Sharpening the EDGES

 School of Management focuses on overall development of a student from the time s/he enters the University. From focusing on bits to giving the student a complete personality transformation is the main idea behind every program at School of Management. The focus of the school is on experiential learning by giving real life projects to students throughout all the years in the form of class projects, minor projects and major projects. Students are given the opportunity to convert their theoretical knowledge to practical in the form of summer internships. Students are exposed to various live industry projects and real-life case studies from the corporate world. Times to time educational industrial visits are organized at the school level to give students an exposure to professional management. Various clubs introduced by the School of Management for Co and Extra-curricular activities viz. Exuberance club, Synergy club, Economic Collective, HRidya – The HR Club etc. keep students engaged through various activities round the year. Other clubs like Finance, Psychology and Marketing etc. impart professional knowledge to students, contemporary understanding of the environment and updating them of the current changes in the VUCA world. These clubs help students to enhance their knowledge and become an achiever in the domain of their choice. The infrastructure and environment offered by School of Management at the NorthCap University is conducive to the overall progress of a student and helps him sharpen his knowledge and offers him the cutting edge to get ahead in the competitive world. 

Ms Mahima Anand - School of Management

Pandemic Situation: Indian Economy at halt!

 We have witnessed a tough situation in this pandemic, 2020. Starting from total lockdown for days to trying to live a normal life in this strange situation of crashing economy, crashing lives, crashing livelihoods, and so on. Never had we seen a situation where, trains, flights and other public facilities were totally shut. Congested places like the metropolitan cities of India were totally vacant. Schools, workplaces and manufacturing plants are still not functioning at their fullest capacities. Though, we at NCU are doing everything to guide our students, be it guidance in education or to reduce the stress level in such situation. We are battling a worldwide pandemic, which even the most sophisticated, most advanced countries are finding hard to beat.

The lockdown is legitimized. The Covid-19 corona virus, which has developed exponentially, was slowed down in China with the assistance of comparable lockdowns. No big surprise large parts of Europe and the US have followed a similar model to stop the spread of infection. For this, our BA (H) Economics students have conducted study on this. Our syllabus includes all the latest topics including effect of corona virus on various economies. The following is the conclusion of the study conducted by our BA (H) Economics students.

After the great depression of 1930s where the global economy has faced a very critical situation is now facing the pandemic that has put all the economic activities at halt across the world. The precipitous deterioration in economic activities because of this lockdown is unanticipated in the history of India. The great economist Keynes gave the concept of “trade business cycle” after the great depression of 1930s. In which he explained that the four stage of trade cycle is considered to measure the growth rate and real GDP. IMF has predicted the GDP growth as 1.9% and this shows the most horrible growth performance of our country after the liberalisation policy of 1991 in the current financial year. The reason being corona virus which has frightened the entire economy. Though, IMF in its most recent publication of the World Economy Report has positioned India as the swiftest mounting economy in 2020.

In India, the impact on prognostic sectors of the economy is harsher than that observed in 2008 crises. The country is now facing multiple challenges in terms of finance, health, foreign trade and much more. The banks have boosted the excess cash flow because of the demand-side jolts which has arisen due to lock down and the uncertainties because of this sudden lockdown. The financial sector also suffered huge shocks including stock market, liquidity catastrophes, etc as the liquidity was drained out from the international market and huge changes were made in the monetary policy of the country. Companies which hinge on global trade suffered acute tension. The international economic production is on deterioration and anticipating a gigantic slump in the complete economic and financial system of the country. This pandemic has knocked the economy which examined the mark to make our economy of “USD $5 Trillion with 7% of GDP by the year 2024”.

According to the World Bank most recent valuation, India is expected to grow 1.5 percent to 2.8 percent. Also, according to the projection of IMF, India is estimated to have a GDP growth of 1.9 percent in the current year. However, to accomplish the target of “USD $5 Trillion economy”, Indian Economy should grow at 9% per annum for five years, which is extremely tough to achieve given the current circumstances.

Perhaps this emergency will make us take up enormous changes — as we may have minimal opportunities in any case. We last implemented major economic changes in 1991, when we had a colossal monetary emergency. The 2020 corona virus is another gigantic emergency, which may lead us to the changes we need in the economy.

At School of Management, The NorthCap University, we teach each and every topic connecting with the real world so that the students get deeper knowledge and hands on experience while studying. Our program objective is to face the VUCA (Volatility, Uncertainty, Complex and Ambiguity) environment through teaching pedagogy. And we are doing the same practically and the objective is being achieved at The NorthCap University.

 

Dr. Priyanka Banerji

Assistant Professor (Senior Scale)
The NorthCap University  

NCU-SOM BA Hons Psychology - Transformation through Self Awareness

The Psychology courses in the school of management offers a transforming experience to the students enrolled in the course. The outcomes of the course are paralleled with the nature of the subject of psychology- a transformation in the self through self- awareness; through this course students are equipped to handle their as well as develop much better understand the mind of other human beings.  The course is designed in a way that by the end of the three years, the students are not only very well equipped with self- awareness and the course content but have an interdisciplinary knowledge of the subject, and thus, they are well suited to enter into any of the core specialisations of psychology such as clinical psychology, counselling, HR or social psychology. The exposure of psychology students to school of management’s different courses such as finance, marketing and law in their first year enables them an upper hand in the economic and legal global job market as well. The various clubs in the school of management offers them an exposure to interact, learn and facilitate their professional growth. Through the psychology club, Manovriti, students learn the art of creating an awareness about psychological perspectives and mental health, and develop community bonds through team work in club activities. The faculties of psychology are alumnus of best institutes of the country and are exposed to the foreign universities as well and are dedicated to provide the best education and experience to the students for their overall growth and development. 

Dr. Neha Aggarwal

Beyond Academics – More to Life at NCU

 It’s so rare, that you get to board a ship that has to sail through an ocean of learning, filled with exciting voyages, jubilations, and fun. At NCU ‘Student Activities & Leadership (SAL)’ is undeniably one such ship. It is a springboard for students who are creatively inclined towards showcasing their talent in extra and co-curricular activities. With more than 50 clubs and societies under its ambit, it offers a platform where dreams are nurtured, thoughts are bartered, concepts are learnt, unlearned and relearned, through a gamut of student-led events and activities ably guided by learned and experienced faculty mentors. Some of the societies and clubs being Enactus, Moot Court Society, ASQ, Exuberance, Synergy, Economic Collective, Manovriti, Marketing Mavens, HRdiya, Financial and Investment Cell, Heritage Club, ModelUN, Google Students Club, Synergy Club, Social Club, Lumiere, Yoga Club, Mathematics Club, Entrepreneurship Cell, and NSS. The office of Students’ Activities serves as a living, learning, and wellness centre for students to coordinate a broad range of socio-cultural, intellectual, educational, sporting, and leadership events. To ensure seamless participation of students, our academic timetable is designed to offer a separate slot for all such activities and events. ‘Momentum’, the 3 days annual techno-cultural festival of the University, which synthesizes technical knowledge with fun, is being organized every year. And to top it all – participation in Co and Extra Curricular activities helps students earn credits towards the General Proficiency Course, a part of the scheme of study of every program offered at NCU.

Even the worst hit pandemic of mankind couldn’t stop us in bringing college life at home, sitting in front of the virtual panorama of computer screens with plethora of online activities enriching students’ mind, body, and spirit such as ‘The Great COVID19 Bake Off Challenge’, Creative Writing, Arthargument 2.0 and the Independence Day Quiz, to name a few.

Dr. Jahanvi Bansal, Assistant Professor, 

School of Management, 

The NorthCap University