Enhancing Employability through Specialization
Hyderabad- Oct 1-23 : Undergraduate engineering students in the state of Telangana are poised to gain valuable expertise in corporate finance, risk management, financial management, and accounting, among other areas within the Banking, Financial Services, and Insurance (BFSI) sector. In a groundbreaking move, engineering colleges in Telangana will soon launch a minor course in Financial Services as part of their BE/BTech programs.
Recognizing the abundance of career opportunities available in the BFSI sector, the Telangana Education Department, in collaboration with the Commissionerate of Technical Education and esteemed state universities such as Osmania University (OU) and JNTU – Hyderabad, has made the decision to introduce this novel course in BE/BTech programs. A recent meeting between the department and universities laid the groundwork for the course’s modalities and curriculum, with another meeting scheduled for the first week of October to further refine the program.
The Financial Services minor course will be available to third-year undergraduate engineering students, regardless of their primary program. Students aspiring to pursue careers in the BFSI sector can opt for this course, ultimately earning a BE/BTech degree with a specialization in Financial Services.
Currently, engineering students have access to minor courses in interdisciplinary fields such as Robotics, Artificial Intelligence, Machine Learning, Natural Language Processing, Data Science, Cyber Security, and Internet of Things.
Initially, the Financial Services course will be introduced in autonomous engineering institutions such as Osmania University College of Engineering (OUCE) and CBIT, with plans to expand it to other affiliated colleges under Osmania University, JNTU – Hyderabad, and Kakatiya University.
The curriculum for this course will be meticulously designed through collaboration between universities and BFSI sector experts. Students will benefit from instruction provided by industry professionals and working experts in addition to university professors. The program will encompass both theoretical and practical elements, including hands-on projects and internships within the BFSI sector to provide students with practical training.
Setting a precedent, the OUCE’s Academic Council, the highest decision-making body of the institution, has allocated 18 credits for the Financial Services course, spanning from the third-year first semester to the eighth semester.
In a bid to enhance students’ employability, there are plans to introduce the BCom Financial Services program in degree colleges, starting from the next academic year, for those pursuing conventional degree courses.
This forward-looking initiative is expected to equip engineering students in Telangana with valuable skills and opportunities in the dynamic BFSI sector, further enhancing their career prospects.
