IIT Kanpur Alumni Association and DST Team Up for 24th SMC 2024; Get Details Here
Startup Master Class (SMC) 2024, the 24th edition organised by the IIT Kanpur Alumni Association, marks the first collaboration with the Department of Science and Technology (DST).
IIT Kanpur Alumni Association and DST Team Up for 24th SMC 2024
The Indian Institute of Technology (IIT) Kanpur organised Startup Master Class (SMC) 2024, the 24th edition managed by its Alumni Association. For the first time, SMC is being held in collaboration with the Department of Science and Technology, Government of India. This initiative brings together Mission Directors from four national missions, potential investors, academicians from IIT Kanpur, and startups tackling technological challenges under the National Quantum Mission, National Geospatial Programme, Waste2Wealth Programme, and Cyber-Physical Systems Mission.
By uniting diverse stakeholders on a single platform, SMC 2024 aims to foster collaboration and enable:
- Identification of promising startups by investors for potential funding opportunities.
- Providing startups with mentorship, financial guidance, marketplace strategies, and access to additional funding beyond initial government grants
- Improved viability and flourishing of startups in respective national missions for National Mission Directors
- Deploying investor communities business acumen and funds to boost Startup vibrancy for key national missions for department of Science and Technology
Dr Abhay Karandikar, Secretary Department of Science and Technology stated “ This year SMC 2024 is focusing on key National Missions and Programs of the Department of Science and Technology. We hope that SMC will evolve into a robust platform for the collaboration of Government and Private Stakeholders.”
Dr Manindra Agrawal, Director, IIT Kanpur added “Startup Master Class 2024 is a unique edition which brings together the government, investors and the startups operating in four key missions of Government of India. It is a fine example of collaboration among academicians, investors, government and entrepreneurs to give shape to the translational research mission of IIT Kanpur. I am sure the event will prove to be a milestone in creating a vibrant ecosystem for startups, investors, academicians and government collaborating for nation building."
Rakesh Shama, President IIT Kanpur Alumni Association stated that “I compliment Jai Shankar Sharma and Delhi chapter of IIT Kanpur Alumni Association for organizing this unique event with participation of 500+ startups.”
Jai Shankar Sharma, Chairman, of the Organizing Committee, SMC 2024 and Sunil Singhal, President, the Delhi chapter of IITK Alumni Association stated that “ It is a matter of great privilege for me to organize the 24th edition of SMC at Delhi. SMC 2024 will forge a partnership between government and private investors to mentor Startups in four critical national missions. Department of Science and Technology, Government of India has played a pivotal role to take the Startups aligned with four national missions to next higher level.”
Q: Is IIT Kanpur good for MBA?
Q: Is IIT Kanpur good for Ph.D.?
Based on the reviews and testimonials provided, here's what stands out:
* Research Opportunities: IIT Kanpur offers excellent research opportunities, with over 90-100% of research scholars able to secure positions as professors or postdoctoral fellows, either in India or abroad.
* Faculties: The faculty members are top-notch, with most having completed their post-doctorates from renowned institutions. Teachers are described as "amazing", "helpful", and "kind".
* Infrastructure: The institute has modern facilities, including modern classrooms, projectors, TVs, and Wi-Fi connectivity. The campus lab is equipped with necessary equipment, and the library has a vast collection of books.
* Placement: While the focus is on academic excellence, IIT Kanpur's placement record is impressive, with top companies like Microsoft, Reliance, and Goldman Sachs recruiting students. The highest package offered is around INR24 lakhs, while the average package is around INR16 lakhs.
* Supportive Environment: The institute fosters a supportive environment, encouraging students to excel academically and professionally. This includes providing industry tours, internships, and guidance from experienced faculty members.
However, it's essential to note that:
* Semester Exams: Seminars exams are challenging, and students must put in significant effort to prepare.
* Tuition Fee: The tuition fee may seem high to some, although the institute claims it is reasonable compared to other similar institutions.
Overall, IIT Kanpur appears to be an excellent choice for pursuing a Ph.D., offering a rich research environment, world-class faculties, and promising placement prospects. However, prospective students should carefully consider the challenges associated with completing a Ph.D. programme and weigh the pros and cons accordingly.
Here's a summary of key points:
* Excellent research opportunities
* Top-notch faculties
* Modern infrastructure
* Impressive placement records
* Supportive environment
* Challenging semester exams
* Reasonable tuition fees
Q: Is it worth pursuing M.Sc. at IIT Kanpur?
Based on the feedback from students and alumni, here's what you need to know:
Placement and Career Opportunities:
* Placement rates are low for M.Sc. students, especially those in Mathematics, with most opting for PhD programs instead.
* Fewer companies visit the campus for recruitment, and the ones that do offer lower salaries (around 6-7 LPA).
* Coaching institutes are a major employer for M.Sc. students, with packages ranging from 6-10 LPA.
* Most students prefer pursuing PhD programs over industry jobs.
Infrastructure and Facilities:
* Excellent infrastructure, with well-maintained hostels, libraries, and laboratories.
* 24/7 high-speed internet connectivity, modern equipment, and air-conditioned classrooms.
* Good mess facilities and recreational spaces.
Faculty and Curriculum:
* Highly qualified and experienced professors with a strong research background.
* Relevant and advanced curriculum that prepares students for PhD programs and research careers.
* Strong emphasis on practical skills and theoretical foundations.
Student Life and Extracurricular Activities:
* Campus life is vibrant, with frequent events and festivities.
* Freedom to move around the campus and interact with peers from different departments.
* Plenty of opportunities for extracurricular activities, sports, and cultural events.
In conclusion, pursuing an M.Sc. at IIT Kanpur may not be ideal for students seeking immediate career prospects or high-paying jobs. However, for those interested in academia, research, or pursuing a PhD program, IIT Kanpur offers excellent infrastructure, faculty, and curriculum. Ultimately, the decision depends on your academic goals and priorities.
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IIT Kanpur offers MBA via Department of Management Sciences (DoMS). The MBA course of the institute has been ranked by various agencies. Under the 'Management Category', NIRF ranked IIT Kanpur at 23rd position in 2023 rankings. Business Today also ranked IIT Kanpur at 32 position. Talking about placements, IIT Kanpur highest package recorded for MBA was INR 24 LPA. The median CTC was INR 17.25 LPA.
In Summer Placement (2022-24), the highest stipend offered to students was INR 17.01 lakh whereas, median stipend was INR 1 lakh.