Connect with Industry
Management is a science that has been derived out of practice. Management Principles are based on scientific inquiry & observation. They have been developed through a series of experiments & practical experiences of a large number of managers. So unlike basic science principles, which are first studied in laboratories and then applied in real life, management science involves studying what works in business and using them as a theory. E.g., it is observed that a motivating culture at the workplace encourages an employee to be committed to his job.
Since managerial experiences form the bedrock of management science, academic institutes offering management programs must focus on building strong industry connections.
Advantages of strong Industry Connect:
- Bridging the gap between theory and practice
- Enhance curriculum with relevant skills and knowledge
- Driving Innovation through access to Industry Expertise
- Prepares students for real-world challenges
- Gives students a peep into day to day operations
- External Examiner for student viva
- Fostering a culture of Lifelong Learning
- More opportunities for faculty in the area of training and consultancy
- More internship opportunities for students
- Attract top employers
- Enhancing reputation of the institute and collaborating company
