IITs gear up to teach entrepreneurship
IITs have always produced a steady stream of entrepreneurs, including those behind celebrated companies such as Flipkart and Snapdeal. Many IITs also have thriving incubation cells that seek to spawn such entrepreneurs. IIT-Madras is even raising a startup fund. Now, finally, IITs are gearing up to teach entrepreneurship in the classroom.
IITs in Delhi, Kharagpur and Hyderabad are planning to bring entrepreneurship at the forefront of their BTech curriculum, and plan to launch minor as well as elective courses on the subject from next year. Other IITs in Madras, Mumbai, Gandhinagar, Kanpur, Patna and Mandi have just taken baby steps to include entrepreneurship in their curriculum. These steps could further whip up a culture of entrepreneurship at the IITs and in the country, entrepreneurs and investors say.
“This will benefit students who are not born into a business family, but yet aspire to run a company,” Sasha Mirchandani, managing partner and founder of Kae Capital and founder of Mumbai Angels, a network of investors, said. “If you have faculty members teaching entrepreneurship, students would be more willing to learn about start-ups and businesses,” he added.
IIT-Delhi recently introduced courses on entrepreneurship. These could evolve into a minor, PV Madhusudan Rao of the mechanical engineering department of IIT-Delhi, said. A minor is a pre-defined course in a focus area whereas an elective is an optional departmental or open-category course. Patna is another IIT thinking about launching a minor in entrepreneurship.
“With a subject like entrepreneurship being taught by actual entrepreneurs, it will help, support and guide young entrepreneurial ventures in the right direction,” said Ajai Chowdhry, founder of HCL, who also teaches the subject at IIT-Hyderabad and is the chairman at IIT-Patna. “It could play a crucial role in reducing the number of failed start-ups,” he added.
IIT-Kharagpur is considering a micro or thin specialisation in engineering entrepreneurship for its BTech students from next year, said PP Das, head of Rajendra Mishra School of Engineering Entrepreneurship at IIT-Kharagpur. This summer, IIT-Gandhinagar sent a dozen engineering students to attend a course on entrepreneurship at Technion, a technology institute in Israel.
“Since inception, IIT-Gandhinagar has been focusing on entrepreneurship as we do not want to be an institute offering a vanilla degree in BTech. We are offering entrepreneurship as both an elective and minor,” said Sudhir K Jain, director at IIT-Gandhinagar. IIT-Madras is raising a fund for start-ups.
IITs in Delhi, Kharagpur and Hyderabad are planning to bring entrepreneurship at the forefront of their BTech curriculum, and plan to launch minor as well as elective courses on the subject from next year. Other IITs in Madras, Mumbai, Gandhinagar, Kanpur, Patna and Mandi have just taken baby steps to include entrepreneurship in their curriculum. These steps could further whip up a culture of entrepreneurship at the IITs and in the country, entrepreneurs and investors say.
“This will benefit students who are not born into a business family, but yet aspire to run a company,” Sasha Mirchandani, managing partner and founder of Kae Capital and founder of Mumbai Angels, a network of investors, said. “If you have faculty members teaching entrepreneurship, students would be more willing to learn about start-ups and businesses,” he added.
IIT-Delhi recently introduced courses on entrepreneurship. These could evolve into a minor, PV Madhusudan Rao of the mechanical engineering department of IIT-Delhi, said. A minor is a pre-defined course in a focus area whereas an elective is an optional departmental or open-category course. Patna is another IIT thinking about launching a minor in entrepreneurship.
“With a subject like entrepreneurship being taught by actual entrepreneurs, it will help, support and guide young entrepreneurial ventures in the right direction,” said Ajai Chowdhry, founder of HCL, who also teaches the subject at IIT-Hyderabad and is the chairman at IIT-Patna. “It could play a crucial role in reducing the number of failed start-ups,” he added.
IIT-Kharagpur is considering a micro or thin specialisation in engineering entrepreneurship for its BTech students from next year, said PP Das, head of Rajendra Mishra School of Engineering Entrepreneurship at IIT-Kharagpur. This summer, IIT-Gandhinagar sent a dozen engineering students to attend a course on entrepreneurship at Technion, a technology institute in Israel.
“Since inception, IIT-Gandhinagar has been focusing on entrepreneurship as we do not want to be an institute offering a vanilla degree in BTech. We are offering entrepreneurship as both an elective and minor,” said Sudhir K Jain, director at IIT-Gandhinagar. IIT-Madras is raising a fund for start-ups.
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