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Colleges set to incubate business leaders

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The Economic Times | By Bharath Joshi, ET Bureau | Dec 21, 2016 |

BENGALURU: Entrepreneurship and research are on top of the agenda for Bengaluru’s leading engineering colleges, with the human resource development ministry pushing for the two areas through the National Institutional Ranking Framework, India’s first in-house ranking system.  In last year’s NIRF rankings, city’s only two engineering colleges -MS Ramaiah Institute of Technology (33) and RV College of Engineering (35) -figured in the top 100 ranks in engineering. ET independently analysed data uploaded by the institutes for the 2017 edition of NIRF and found that some of them are claiming bragging rights in the areas of entrepreneurship and research -the two parameters that carry half the weightage in the rankings.  The MSRIT has had 66 students who incubated startups after graduating, the highest for an engineering college in the city. Still, that’s less than 2 per cent of the graduating students, principal NVR Naidu pointed out. “It’s not a big number. Since last year, we are focussing more on our entrepreneurship development cell to create more entrepreneurs.”

The Dayananda Sagar College of Engineering has had 38 entrepreneurs and wants to focus on research consultancy , an area where it is thought weak. “Medium, small and micro enterprises (MSME) is an area we want to tap for consultancy. On the entrepreneurship front, we’ve now set up the Dayananda Sagar Entrepreneurship Research and Business Incubation (DERBI) Foundation to support student entrepreneurs,” the foundation’s chief operating officer Lakshmi Jagannathan said.  The BMS College of Engineering has taken a slew of measures, with which it hopes to make a debut in the NIRF. Since 2013, the college has had 11 students graduating to become entrepreneurs. “By 2020, our target is to make 2 per cent of our students entrepreneurs,” principal Mallikharjuna Babu K said. The college has introduced comprehensive courses in every semester for students to apply what they have learned. The NIRF was India’s response to international rankings with the parameters suited to measure the performance of homegrown institutions. The 2017 rankings will be announced in April. Last year, the IISc and IIM Bangalore were ranked number one in the university and management categories respectively .  RVCE is betting on technology entrepreneurship and an interdisciplinary research centre to improve its rank. “We have a dozen entrepreneurship clubs and about 30 per cent of our students get involved with them from the first year itself,” principal KN Subramanya said. “We’ve also applied for 25 more funded research projects in addition to what we have already.” –  Courtesy

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