Corporate Relations has been established with an objective to accomplish MBCET’s vision to nurture transformative relations with Industry that deliver mutual benefits for our partners, students, staff, alumni and the community by and large. Industry-academia connect also enables entrepreneurship nurturing. This needs an ecosystem to craft mindset and competency for potential innovators and entrepreneurs. Through establishment of a ‘Centre for Skill Development and Corporate Relations’, MBCET strives to develop a sustainable environment to foster skill development in emerging technologies and strengthen innovation and entrepreneurship development.
We are on the cusp of the Fourth Industrial Revolution, or Industry 4.0. If Industry 4.0 is defined by connected cyber-physical systems powered by IoT, Industry 5.0 would be emphasizing on increased collaboration between humans and smart systems; machines take over all monotonous, repetitive tasks while humans engage the creative side. More and more corporate establishments, including the prominent ones, are actively shifting focus towards new ways of measuring employability as a consequence of the changing nature of work.
The Corporate Relations at MBCET aims to create an ecosystem for the promotion of skill development, establishment of industry-academia connect and foster innovation and entrepreneurship. Industry-academia connect enables academic interventions for technological innovations or modifications, especially in small and medium scale industries. Entrepreneurship nurturing needs an ecosystem — seed, soil, climate and culture elements — to craft the mindset and competency to develop entrepreneurs of the future who use creative approaches to solve existing or future problems faster, cheaper and better with the help of new tools and technologies.
Most debates around the future of education focus on the skills needed for the future. We have to slowly move towards the reality, with more focus on acquiring employability skills along with the degree for our graduates to compete and sustain in the digitized and fluid job markets in the future.