Apeejay Stya University signs MOU to make students industry-ready 

Apeejay Stya University’s School of Management Sciences (SoMS) signed a memorandum of understanding (MOU) with Vorphy, a unit of Learning Closet Private Limited. The MOU was signed for ‘Knowledge Sharing’ (comprising guest lectures, industrial visits, workshops, seminars, training, and capacity development to make students industry-ready). It was signed by Professor Dr Sunil Kumar Roy, dean, SoMS, ASU, and Dr NK Teotia, vice president and co-founder, Vorphy.

The MOU comes as a recognition by both the institutions that “collaboration and cooperation between themselves will promote more effective use of each of their resources and provide each of them with enhanced opportunities to become preferred and trusted partners in the area of knowledge enrichment for mutual benefit.”

The clause mentions both parties will “facilitate effective utilisation of the intellectual capabilities of the faculty and corporate experts by providing significant inputs to them in developing suitable knowledge-sharing environment, keeping in mind the needs of the industry.”

As part of the mission, students and faculty of ASU will be visiting group companies of Learning Closet, who, in turn, will organise industrial training programmes to educate students about latest developments in various fields. Guest lectures by company experts will also be organised. This will help students build confidence and prepare them for a smooth transition from their academic to working career. Vorphy will also help with the placement of trained students.

The involved parties would further carry out joint research activities in the field of latest technologies or any other mutually agreed field.

The agreement has been signed for an initial term of one year. The MOU proposes it will be renewed every year based on mutually agreed terms. 

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“Closer industry linkage in management school is the key to getting enhanced entrepreneurial mindset and better placement for the students and this is an effort of mine in this direction.”

–Dr Sunil Roy, dean, School of Management Sciences, ASU