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The FedUni Journal of Higher Education   

November '08
Focus

Covering a wide range of distinct political, economic, and cultural trends, the term `globalization' has quickly become one of the most famous buzzwords in all walks of life, namely—political, cultural, academic and work environment.

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Industry-University Interface with Reference to Commerce Education
Accounting Education and Training in Botswana
A Study on Employees' Perception Regarding Compensation and Benefits Practices in Education Sector
University Teachers' Perception Towards Work-Family Conflict
The 6Ps of Effective Teaching
Methodology for Improving Teachers' Efficiency Using Feedback from Students
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Industry-University Interface with Reference to Commerce Education

-- A S Shiralashetti and S S Hugar

Commerce education is becoming popular due to the liberalization, privatization and globalization policy accepted in India and its usefulness in daily lives of the people. The growth and development of industrial and service sectors depend upon the quality of commerce education. In other words, there has been a direct relationship between commerce education and entrepreneurship development. The expectations of the consumers have changed due to their increased purchasing power. The industries have to match their supply to the ever-changing demand patterns of consumers. This is possible only when the industries gets high quality human resources. Therefore, it is the responsibility of the commerce education system to produce and deliver high quality outputs to meet the requirements of the industries. The industry_university interface is a well-recognized concept in the changed global environment. It acts as pills for all the evils of commerce education and industries. The involvement of the executives of the industries in important decisions of the commerce education and the involvement of the academicians of commerce education in important decisions of the industries, can help to match the changing demand patterns of consumers of both industries and commerce education. The present study, based on the secondary data collected from websites, books, journals and newspapers, covers the need for interface, the modes of interface and the strengths and weaknesses of industry-commerce education interface.

Article Price : Rs.50

Accounting Education and Training in Botswana

-- Lillian Wally-Dima

Accounting education, training and practice in Botswana, just like in many developing countries, is modelled on that of developed countries. This practice has delayed these countries from developing effective accounting systems suitable for their needs. Relevant accounting education and training programs could lead to the production of accounting personnel well-equipped to deal with accounting problems and this could help accelerate the rate of economic growth. This paper, through a survey of accounting practitioners, accounting educators and accounting students in Botswana, investigates the problems that hinder the enhancement of accounting education, training and practice in Botswana. The findings suggest that the lack of qualified accounting educators, over-reliance on accounting expertise from outside the country, the lack of local accounting material and over-dependence on accounting material from developed countries, are some of the major factors that hinder the development of an effective accounting system. It is suggested that adopting regional accounting programs and educational material is the right way forward because countries in the same region share similar accounting environment. This could lead to efficient use of limited resources for a better standard of living. These findings have important implications for academics, the government and other groups interested in improving accounting education and training and accounting practice in Botswana.

Article Price : Rs.50

A Study on Employees' Perception Regarding Compensation and Benefits Practices in Education Sector

-- Neeraja Sharma and Aman Sharma

For a smooth functioning of any organization, a pool of resources composed of manpower, machinery, money, etc., is required in a synchronized fashion. A proper coordination of the available resources leads to the attainment of the pre-defined goals and objectives of the organization. All these can be achieved by a class of highly skilled and motivated employees working in the organization. Different motivational factors help in increasing the morale of the employees and in turn, controlling the retention rate in the organization. This study aims at highlighting the monetary and non-monetary benefits adopted by various companies, with a main focus on the compensation and other benefits for the employees, apart from their fixed salary. The sector taken under study is the education sector, wherein different management institutes have been taken into consideration as a sample for the survey. This research paper represents the perception of the employees of the education sector regarding the effect of compensation and other related benefits on their performance. It indicates the level of satisfaction and dissatisfaction of the employees on the parameters specified above. This study can prove beneficial to the education sector wherein corrective measures may be taken by employers in the mentioned sector to motivate the employees in order to get their best performance for achieving the overall organizational goals and standards.

Article Price : Rs.50

University Teachers' Perception Towards Work-Family Conflict

-- Ishwara P and K B Dhananjaya

In this paper, an attempt has been made to study university teachers' perception towards work-family conflict. Unique characteristics of the teaching profession occupy a special position in this conflict. The fact that teachers' work extends beyond the worksite and requires them to expend much effort at home, raises questions regarding teachers' responses to work-family conflict. The outcome of the recent study on work-family conflict reveals that paying attention to family and other aspects of life outside work, diminishes commitment to work. In this direction, an attempt has been made to study the perception and experience of the teachers working in various Postgraduate (PG) departments of the six conventional universities in the Karnataka State. The population consists of permanent teachers such as 603 Lecturers, 463 Readers and 441 Professors appointed by the universities from time to time (upto March 31, 2006). Ten percent of the population has been selected as a sample (152 teachers) on stratified basis for a detailed survey. For the purpose of measure and assessment of the work-family conflict of the respondents, the four-item measure developed by Frone et al. (1992) was used. The study shows that an overwhelming majority (88.81%) of the university teachers experienced work-family (W-F or F-W) conflict. It also proved that individual and family factors tend to influence this conflict of the university teachers.

Article Price : Rs.50

The 6Ps of Effective Teaching

-- K Gayathri Reddy and M Bhaskara Rao

Globalization and the sustenance of economic prosperity have brought forth the need for quality higher education on the top of the priority list across the world. Unless effective teaching and learning are focused and prioritized, organizations and nations would suffer competitive disadvantage. Talent is a scarce resource now. It is not generated automatically. Talent has to be planned, identified, nurtured and deployed effectively for value creation in the societies and communities. The first step in this direction is achieving quality in higher education. This means effectiveness in teaching and consequently effectiveness in learning. This paper conceptualizes a unique 6Ps model for teaching and learning effectiveness. The 6Ps play a role in every learning system. The right combination of elements of 6Ps would result in the desired outcomes of higher education—the creation of human resources with appropriate knowledge, skills and values.

Article Price : Rs.50

Methodology for Improving Teachers' Efficiency Using Feedback from Students

-- Ritu R Agarwal

A constant feedback is desirable on what the teachers do, what they say, and what works or does not work in the classroom. Measures should be adopted to turn the practice of collecting feedback as a best practice which promotes student's growth and even the teacher's own development. With computers, competition and consumerism forming the backdrop, what is needed is a way to use this feedback to create a healthy environment in the institution for the learners as well as the teachers.

Article Price : Rs.50

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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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