24 C
Dhaka
Friday, March 29, 2024

THE IMPORTANCE OF INDUSTRY-ACADEMIA PARTNERSHIP

Bangladesh MBA Association, in association with Bangladesh Brand Forum, organized a discussion on September 30 at IBA Alumni Club. The theme of the discussion was “Academia-Industry Partnerships: Business Education Perspective”.

Having some of the top leaders from industry and academia in the audience, the panel consisted of Abrar A Anwar, Chief Executive Officer, Standard Chartered Bangladesh; Shehzad Munim, Managing Director, British American Tobacco Bangladesh; M. Mahboob Rahman, PhD, Dean & Professor of Business, North South University; MD Ridhwanul Haq, PhD, Associate Professor & BBA Chairperson, IBA, University of Dhaka. It was moderated by Mehnaz Kabir, Group Chief Marketing & Communications Officer, Rangs Group.

The focus of the discussion was on restructuring the nation’s education system and joint initiatives by the industry and academia that would play an important part in reducing the skill gap in the years to come. Here are some top observations from the four panelists.

Abrar A Anwar: For sustainability, we look at foreign resources and slowly, we are inclining towards local resources. We have more than a hundred Bangladeshis working abroad for SCB. We get raw talents and we have the required infrastructure to groom them up. There are certain structural issues. For example, we only have the traditional financial products. We do not have options, derivatives or the opportunity for interest hedging.

 

 

 

 

Dr. Mohammad Mahboob Rahman: We need a systematic platform for universities and corporates. Why business schools? Because today, students are finding it more useful to watch a 10 minutes video on YouTube than listening to a 90 minutes lecture at class. Academicians and universities need to reinvent themselves in new ways that create value for students. Online learning is a taboo.

 

 

Shehzad Munim: We get good talents. BAT only has three expatriates and all the rest are Bangladeshis. We have our own training and development infrastructure. However, there is a massive lack of T&D in the local companies. Thus, we do not have enough people who are capable of taking responsibilities. Education needs to expand beyond the boundaries of university leadership. Only then, leadership can be developed within employees. Thinking beyond the horizon is something that lacks in mid-level managers in Bangladesh.

 

 

 

 

MD Ridhwanul Haq: We are yet to address these problems. Education market is not an industry yet. But, university education needs to be addressed as an industry. A three-month internship cannot be enough. Students need to engage themselves with the corporate environment from the very first day. They should spend at least one week in corporate environment every semester. We need to work on content development that includes cases and facts. Students need to understand the difference between job and career.

 

Fintech

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related Articles

Hola Browser

Hola gives the people of Bangladesh free access to a world of online content...

0
– The Hola Browser, a browser which includes a built-in 100% free peer-to-peer virtual private network (VPN), this week officially launched in Bangladesh,...
Salman Khan-Being Human Clothing

Salman Khan’s ‘Being Human Clothing launching’ in Dhaka

0
Dhaka, 13 September 2022: Bollywood superstar Salman Khan owned clothing brand ‘Being Human Clothing’ launches its first outlet at Banani, Dhaka on the 15th...
BGMEA

BGMEA teams up with Jeanologia on promoting green technologies in RMG sector

0
Jeanologia, a globally renowned textile technology manufacturer, will join hands with Bangladesh Garment Manufacturers and Exporters Association (BGMEA) to support Bangladesh’s RMG industry in...
MITIGATING ICT SKILL GAP

Roundtable on ‘Mitigating ICT Skill Gap’ held

0
Dhaka, 31 July 2022- A roundtable dialogue on mitigating the ICT skill gap was held on 30 July 2022 in BASIS moderated by Mr....
Next Generation Banker of Bangladesh

First AGM of NGBB held, bankers vow to build a trust fund

0
Next Generation Banker of Bangladesh, a platform of young professional bankers of the country, held its first annual general meeting on Friday at the...
EPIC Group and CleanKore

EPIC Group and CleanKore Announce Bold Plans to Advance Sustainable Denim

0
Hong Kong based Epic Group, a leading garment manufacturer for global brands Monday (July 18) announced its strategic partnership with CleanKore, a denim innovation...