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ROLE OF ENGINEERING EDUCATION IN SUSTAINING THE ECONOMIC DEVELOPMENT OF INDIA

Journal: International Journal of Mechanical Engineering and Technology(IJMET) (Vol.9, No. 3)

Publication Date:

Authors : ; ;

Page : 706-710

Keywords : Engineering students; financial management; economic growth; entrepreneurs; business knowledge.;

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Abstract

Having subject knowledge is not the sufficient for an engineering student especially in the recent economic status of the country. Students are expected to require skills such as problem-solving, communication skills, dealing with information and abilities to ensure their employability in future. Nowadays most of the graduates are interested in starting a business of their own. Moreover, entrepreneurs are one among the important factors for the economic growth in a country. Knowing about entrepreneurship includes management, marketing skills, and finance. In addition, knowledge about financial management is also required for learners to know the commercial opportunities to face the business issues. Apart from this, creating a mindset for engineering students to involve in business should also be considered. The present article observes the role of engineering students in sustaining the Economic Development and their awareness about the financial systems of the country. The paper deals with the issue that how far teaching about the economic aspects is taking place in engineering classes. Since engineers play a prominent role in developing financial status of the country much emphasis is not given to teaching economic and financial knowledge for engineering students. Therefore the paper suggest that knowledge about economic aspects of the country has to be imparted in engineering classes to show that engineers are also responsible for development of the country.

Last modified: 2018-12-13 18:48:49