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How does FSM make use of the latest technologies to improve the quality of business education? Many premier B-schools are exploring and experimenting with the opportunity through Virtual Interactive learning programs. Senior Industry executives are part of Academic Council. Industry leaders are invited for guest lecture regularly. Industry experts are integral part of curriculum review committee. Industry experts are included in the admission process. FORE has a long tradition of collaboration with industry. It would like colleges to tailor their courses to turn out graduates whose skill-set are aligned to industry requirements.

Industry on the other hand looks to academia for solutions to their concerns. Academia produces graduates who are absorbed by industry.

Das, Director – FORE School of ManagementĬould you please elaborate on the importance of forming industry and academic collaborations and what are the efforts FSM has taken in this direction? Please tell us about the major collaborations with the industry and international institutions.Īcademia and industry share a symbiotic relationship. Also, we have an active Academic Council which looks after the curriculum updates based on the industry demand. Also, we organise many student centric panel discussions and other co-curricular activities where industry experts are invited to share their experience. For example, Students at FORE get an opportunity to visit companies through various opportunities. Teaching at FORE is perceptive to changing demands of the corporate world and every year our students get excellent placements.Īll the top bracket B-Schools like FORE have Industry oriented programmes. The Board members of FORE are visionary social leaders who act as mentors who guide and support the institute through their wisdom and experience. The key element of our institutional success is transparent processes. Faculty are encouraged and supported in all their research and consultancy endeavors. Backed by a strong value system, FORE nurtures educators and helps them provide cutting edge input to academics. If these requirements are met the Indian Higher Education system can surely become the global hub for B-School Education.īeing one of the most reputed management colleges in the country, how is FSM reinventing the business education to prepare student for industry 4.0?įORE School of Management stands for academic excellence benchmarked to the best B-Schools in India. Indian Higher Education, therefore, needs to adopt to these demands through a uniform/common rule based transparent and autonomous education system. Given the relationship between management education and the business world, market forces such as globalization, technology revolution and workplace requirements influence business education significantly. Such changes have necessitated a change in the skills required of leaders. The world of business has redefined itself over the past two decades. According to an analysis by McKinsey, if Indian companies adopt Industry 4.0 across functions such as manufacturing, supply chain, logistics and procurement, they can enhance their operating profits by 40% at less than 10% of the planned capital expenditure. Industry 4.0 has just started making inroads in Indian manufacturing and other sectors. To leverage the best that technology has to offer us, India must embrace Industry 4.0. What according to you is at the core of industry 4.0? What should universities and academicians need to know before preparing students to embark on this journey?Īrtificial Intelligence, Internet of Things (IoT), Big Data, Advanced Analytics, Robotics & Automation are the core of Industry 4.0.

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