Entrepreneurs love IIT-IIM brands
THUMBS UP Graduates from premier institutes say they’ve benefited from peer learning, exposure to resources and people
Of late, one has seen a rise in the number of startups by IIT and IIM graduates. Some entrepreneurs think that studying at the elite institutes have given them an edge over others, as peer group interactions and pedagogy at these institutes accelerate their growth as entrepreneurs.
“I do indeed feel that studying at IITs gives one an edge, especially when it comes to launching new ventures. The exposure to resources and people is formidable and irreplaceable in terms of value. Additionally, engineering at IIT isn’t limited to just the core technology subjects. We also learned critical problem-solving skills,” says Ritesh Arora, an IIT Bombay graduate and cofounder at BrowserStack.com, a cross browser testing tool.
Most of the entrepreneurs from IIT-IIM are unanimous in their praise of peer learning at their institutes. IIT Delhi alumnus Himanshu Aggarwal feels he was made ready for the real world at the institute. “At IIT, I had the opportunity to interact with some of the best minds I have known and gained rich tech knowledge. It was all about competing and surviving – virtues every entrepreneur needs. While getting things done was minimum expectation, risk-taking was essential to be able to stand out in the face of stiff competition,” says Aggarwal, the cofounder and CEO of Aspiring Minds, a job skills credentialing company.
On similar lines, Srinivas Krishnaswamy, CEO and cofounder, Krya, a startup creating products for sustainable urban living, says, “The environment and IIT peer group is a plus. Your classmates are of high calibre and that raises the competition bar.” Some of them also mentioned the brand value associ- ated with these institutes. “Even Harvard and Stanford drop-outs have a name, for example, even if they drop out of those colleges. People would know that they are good enough to get into those colleges. That is the psychological advantage,” says Krishnaswamy, a graduate from IIT Madras and IIM Bangalore. However, as IIM Bangalore passout Rajiv Srivatsa, COO and cofounder, Urban Ladder, a furniture e-tailer, says, “It’s useful, but not necessary. You can do the courses, build a strong network, and get out of your comfort zone to do something impactful in any context or good college or young company as well.” Delhi- based Guru Gobind Singh Indraprastha University (GGSIPU) has started its admission process for 2016- 17. The university will conduct online admissions for around 31,000 seats and for 150 academic programmes. The admission brochure for all medical, professional and technical programmes of the university, application forms, common entrance test (CET) schedule and other related information is available on www. ipu.ac.in.
The deadline for submitting applications for the postgraduate medical courses is March 1, 2016. For programmes which do not require candidates to appear for the CET, the last date to apply is May 17, 2016. For all other remaining programmes, the last date is March 29, 2016.
The admission process for the PhD programme and BVoc programme of the university will be notified shortly. For the BArch programme, the application process will start from June 1, 2016 and the last date for applying is July 4, 2016. This year, the application fee is 1,000. To maintain transparency, candidates will now have to upload their thumb impression in the application form.
The university has also set up an admissions helpdesk for applicants. Candidates can dial 011- 25302167 for any admissionrelated queries. Candidates can also send their questions at mailipuadmissionson[email protected] gmail.com.
Last year, the university had received around 2.45 lakh applications for admission to various academic programmes, including BCom (hons), BA (journalism and mass communication), BBA, BTech and BArch at the undergraduate level and MBA, MCA and MTech courses at the master’s level.