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The FedUni Journal of Higher Education


February'08
Focus

It is difficult to disagree with these words of the Prussian philosopher Karl Marx which he uttered regarding technology. But over the decades, the popular leanings towards technology has only grown bigger and bigger.

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Career Building Through Technical Education in the Era of Globalization
Effective Teaching: Synergy with Quotes
Knowledge Gaps and Knowledge Bridges: Working Management for Management Education
Learning Objects: An Introduction
The Future of Online Education in India
A Study on the Effects of Privatization and Globalization on Indian Education System
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Career Building Through Technical Education in the Era of Globalization
-- P K Dutta

Jawaharlal Nehru dreamt of bringing welfare, work force and wealth to the nation and make it self-reliant through the application of science and technology. How much of the dream has been realized by India today can easily be visualized. There is a need for revamping the technical education to reorient ourselves to local and global perspectives, to be innovative and competitive in technology, and to relentlessly pursue excellence. Some steps to be taken in this regard include, design-oriented courseware and teaching, introducing manufacturing and entrepreneurship development programs, importance to laboratory practice in the curriculum and dissertation work, and using a syllabus that is sensitive to local and global demands. On the part of the industry, initiatives are essential for enhanced R&D for innovative product development and quality assurance with the help of academic institutions. Willing linkage between the industry and academic institutions for a joint effort on engineering curriculum development and its planning and implementation will greatly enhance the situation and provide a dynamic academic environment in the institutions. Science and technology entrepreneur parks, councils and societies of technical education and academic bodies have a major and active role to play in the present scenario to help in the above-mentioned enhancements and plan for wealth generation in our country.

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Effective Teaching: Synergy with Quotes
-- Srilakshmi Ramu

It is said that the entire human race can be categorized into three types of people: Those who wonder what is happening, those who watch things happening, and those who make things happen. To reach the gamut of success, the golden rule is "One has to make things happen". This paper is an attempt to call and address the entire teaching fraternity to make things happen and taste the fruits of success by following some important principles of effective teaching, which have been articulated using the acronym of `success', definition given by Peter Colwell in his Book, Spell Success in your Life, blending with various quotes.

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Knowledge Gaps and Knowledge Bridges: Working Management for Management Education
-- Samta Jain

Today most management gurus accept the premise that just as knowledge and information have infused the most mundane products and services, globalism has infused even the educational activities. The heirs of global economyas they may be called cosmopolitan may become the elite class of the knowledge society. With an estimated 150,000 aspirants trying to get into business school of repute and the recruiters for them swelling up, the knowledge corporation takes up a differentiated definition for itself. The knowledge corporations have become more relevant than ever before.

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Learning Objects: An Introduction
-- Smitha Ramachandran and Gayatri Doctor

Information technology has revolutionized the imparting of knowledge. The modern method of teaching and learning has transformed the concept of knowledge dissemination. The present digital era allows the faculties and learners to be at different parts of world and also enables the users to access the digital information at anytime, anywhere. The digitization of learning resources has paved the way for the concept of `Learning Objects'. This paper introduces the concept of learning objects, its characteristics and benefits.

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The Future of Online Education in India
-- Anagha Shukre

The pace of technological development and concomitant introduction of new technologies into educational settings have dramatically accelerated during the past decade through the combination of computation, connectivity, visual and multimedia capacities. Miniaturization and speed have radically changed the potential for technologies in education. These developments are now making it possible for education to go online in India. This paper reviews the different benefits of using technology in imparting education and how this has led to the evolution of online education. Will education serve its purpose when served online or will it end up as another diploma mill ?

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A Study on the Effects of Privatization and Globalization on Indian Education System
-- Inderpal Singh and Ritugeet Kaur

The academic inflexibility has boosted the rapid development of private initiatives in higher education. Perhaps, many providers/stakeholders in many of these private institutions are the loners who struggled to change the formal system to cater to the needs of the students.

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Global Executive Summaries
  • The Internationalization of Higher Education: Motivations and Realities
    Full Text: By Altbach P G and Knight J, The NEA 2006 Almanac of Higher Education, pp. 27-36, http://www2.nea.org/he/healma2k6/images/a06p27.pdf.

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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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