in the state has already started from the current academic year.
Galla S Kiran Kumar, Bureau Chief
The nature of engineering course is changing gradually. Gone are the days of studying only technical subjects if you join B.Tech. For better future, students have to study other subjects as well. Steps are being taken in that direction in the state. The higher education department has decided to introduce these as a minor degree in engineering as there are huge job opportunities in banking, finance and insurance sectors. 17 autonomous engineering colleges of UGC have already come forward to implement this change. There is likely to be more to come. Education Department Principal Secretary Burra Venkatesham, Higher Education Council Chairman Acharya Limbadri, Secretary Sriram Venkatesh, JNTUH officials recently discussed with the principals of engineering colleges.
Already implemented with datascience and cybersecurity
Those who have joined core branches such as mechanical, electrical, civil etc. are not getting jobs as fast as before. To create more opportunities for them, the All India Council of Technical Education (AICTE) introduced the minor degree scheme a few years ago. Those who are studying B.Tech Mechanical can choose any of the minor degree like Data Science, AI&ML, Cyber Security etc. CSE students can also take subjects related to other branches as minor degree. It is a kind of multidisciplinary approach. In the state, JNTUH has announced that the major and minor degree system will be implemented in the academic year 2021-22. However, Acharya Lakshmana Rao, Director of the University Academic Planning Department (DAP), said that it has not yet been fully implemented and is in progress.
OU who asked first
Various software companies are providing their services to banks, insurance and other financial institutions. The respective companies are giving preference to engineering students who are knowledgeable about these topics. There is no doubt that the career of those who develop full understanding of these will be bright. In this background… Osmania Engineering College has decided to introduce Banking, Finance Services and Insurance (BFSI) as a minor degree in BTech for the academic year 2023-24. Here the students who joined BTech last year have a chance to study the new course this year. The Department of Higher Education, which has studied this, has decided to implement this system across the state. An education department official said that the representatives of the consortium said that Telangana will remain the only state to introduce BFSI as a minor degree in the country.
These are the procedures
- BFSI Consortium representatives will conduct interviews and select the students.
- The course has to be studied in four semesters from B.Tech second/third year.
- Colleges have flexibility on when to start.
- 18-20 credits as per AICTE guidelines.
- Internships in the respective companies are also provided to the selected candidates.
The consortia are responsible for the syllabus and teaching
Various international organizations providing services in the fields of banking, finance and insurance have come together to form BFSI Consortium. It is the institute that prepares the syllabus for the course. The curriculum is also taught by the representatives of that institution. The syllabus was sent to the principals of the respective colleges. It is expected to unveil the video and other aspects of the course with CM Revanth Reddy in July. This course is being started as a pilot project in the current academic year in the state. Officials say that there will be no fee as it is being done experimentally. You may have to pay some up front. It is reported that the government is planning to pay for poor
