XTIC to launch great national academic partnership

XTIC to launch great national academic partnership
Published at : 13 Nov 2024, 6:19 PM IST
Updated at : 13 Nov 2024, 6:24 PM IST

XTIC will launch the ‘XTIC-APP’ (Academic Partnership Program) to drive the growth of ‘eXtended Reality’ (XR) sector in India.

It is to note that XTIC stands for eXperiential Technology Innovation Centre and is an IIT Madras Institute of Eminence Centre in Virtual Reality and related fields.

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XTIC

This initiative aims to boost the XR field and bridge the gap between Applied R&D and Core R&D. It will also support the start-up ecosystem and will be a stepping stone for expanding XR courses globally, say sources from XTIC.

Vice Chancellors and Principals of leading academic institutions will sign the MoU during the XR Summit, scheduled to be held on 16th and 17 November 2024 at IIT Madras campus.

VR/XR/AR

‘eXtended Reality’ (XR) refers to Augmented Reality (AR), Virtual Reality (VR), and Mixed Reality (MR). IIT Madras is uniquely positioned to lead this effort, thanks to its cutting-edge Haptics Lab and the IoE Center for VR and Haptics.

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Significance

Prof. M. Manivannan, Faculty Head, XTIC, IIT Madras highlighted the significance of this summit.

As we published in the Whitepaper on XR In India earlier this year, in order to realize the goal of India establishing an XR Corridor by 2047, we must get academia on board to produce manpower resources of highquality XR system designers and developers, both hardware and software, both applied R&D and core R&D, said Prof Manivannan of XTIC.

This XR Summit focussing on Innovations in XR is a critical step towards this Vikshit Bharat 2047, he said.

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Launch

The Summit will also feature innovations in XR Hardware, XR Software, Embodiment, XR Immersive Designers and will see the participation of Gamification experts, say sources from XTIC.

This summit will drive the growth of this sector at IIT Madras as well as create a corridor for high quality XR content and design startups in India, say sources from XTIC.

XTIC

Ø Integrating AI/ML, and Gaming with XR to make XR experiences more personalized, responsive, and intelligent. GenAI could assist in creating realistic virtual environments, refining object recognition, and enhancing gesture and voice control.

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Ø Working with International standards organization to develop Interoperability Standards, APIs and software solutions that make XTIC compatible with various devices from various industries.

Ø Through CAVE, our industrial consortium, establishing a network of high-quality content creators and developers worldwide to contribute to XTIC’s library of applications, games, and experiences.

Ø Working with global industries in various levels – Sponsored by global industries such as Qualcomm, participation of global industries such as Sony, workshops by global industries such as Samsung.

Awards

XR Startup Awards would also be given out during the XR Summit by the American Computer Scientist Steve LaValle, who is the co-inventor of Oculus VR Set, say sources from XTIC.

XR Startup Awards is dedicated to recognizing and empowering startups , who are pushing boundaries and paving the way for a brighter future. Awards would be given in the following categories:

·List of Top 10 XR Startups

·Awards for International XR Startups

·XR for Social Impact Award

·Best XR Collaboration Award

·XR Startup of the Year

·Best Enterprise XR Solution Award

·XR Design Excellence Award

·XR Education & Training Award

·Best Use of AR in Marketing Award

·XR Sustainability Award

XTIC

It is India’s First Research & Product Innovation centre for Virtual Reality, Augmented Reality, Mixed Reality and Haptics.

It is working towards creating an innovation corridor to support innovation in AR, VR and MR for IIT Madras projects and selected students in their pursuit to explore and guide to the journey of entrepreneurship.

They function as a catalyst that will accelerate growth, expedite the process, and envision a project or product to completion.

S.
S. Vishnu Sharma

S Vishnu Sharmaa now works with collegechalo.com in the news team. His work involves writing articles related to the education sector in India with a keen focus on higher education issues. Journalism has always been a passion for him. He has more than 10 years of enriching experience with various media organizations like Eenadu, Webdunia, News Today, Infodea. He also has a strong interest in writing about defence and railway related issues.

MBA or MCom in 2025: Know Difference, Course, Fee, Eligibility and Colleges

MBA or MCom in 2025: Know Difference, Course, Fee, Eligibility and Colleges
Published at : 15 Mar 2025, 8:10 PM IST
Updated at : 15 Mar 2025, 8:10 PM IST

MBA or MCom in 2025 is all about the complete information about both the academic programs so as to help students who wish to pursue post graduation this year.

Often it is seen that students come forward with great enthusiasm to step into the realms of higher education, but confusion as to what course to study often puts a students in a fix.

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MBA or MCom in 2025

The story will deal with similarities, differences, eligibility and career prospects and so on in connection with MBA and MCom.

Details provided in MBA or MCom in 2025 are quite general in nature, they are meant for broad understanding for students about both the courses.

Those desiring to know more about MBA or MCom can browse various sources in online and offline fronts for in-depth information. Details are mentioned below for the sake of the students:

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MBA or MCom in 2025? Similarities and Differences

While both courses share some similarities, they have distinct differences in terms of their focus, curriculum, and career prospects.

Similarities

1. Postgraduate degrees: Both MBA and MCom are postgraduate degrees that require a bachelor’s degree as a prerequisite.

2. Duration: Both courses typically have a duration of two years.

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3. Theoretical and practical learning: Both courses offer a mix of theoretical and practical learning, with a focus on developing analytical, problem-solving, and communication skills.

Differences

1. Focus: MBA focuses on business management and administration, covering topics like finance, marketing, human resources, and operations. MCom, on the other hand, focuses on commerce and trade, covering topics like accounting, taxation, and financial management.

2. Curriculum: The curriculum for MBA and MCom differs significantly. MBA courses include subjects like organizational behavior, business strategy, and entrepreneurship, while MCom courses include subjects like advanced accounting, taxation laws, and financial management.

3. Career prospects: MBA graduates can pursue careers in management, consulting, finance, and entrepreneurship, among others. MCom graduates can pursue careers in accounting, taxation, financial management, and research, among others.

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4. Entrance exams: The entrance exams for MBA and MCom also differ. MBA entrance exams like CAT, XAT, and GMAT are highly competitive, while MCom entrance exams like DUET, BHU PET, and JNU CEE are relatively less competitive.

5. Specializations: MBA courses offer a range of specializations like finance, marketing, human resources, and operations, while MCom courses offer specializations like accounting, taxation, and financial management.

MBA or MCom in 2025? Consider these factors

When choosing between MBA and MCom, consider the following factors:

1. Career goals: What are your career aspirations? If you want to pursue a career in business management, MBA might be the better choice. If you want to pursue a career in commerce and trade, MCom might be the better choice.

2. Interests: What are your interests? If you’re interested in business and management, MBA might be the better choice. If you’re interested in commerce and trade, MCom might be the better choice.

3. Skills: What are your skills? If you have strong analytical and problem-solving skills, MBA might be the better choice. If you have strong numerical and accounting skills, MCom might be the better choice.

Ultimately, the choice between MBA and MCom depends on one’s individual goals, interests, and skills.

Eligibility

There is more to it than meets the eye as far as MBA or MCom in 2025 is concerned. One of them is the eligibility criteria. Who can choose what course, MBA or MCom in 2025? The answers are below:

MCom

Those deciding for go for MCom in MBA or MCom in 2025 must fulfill the eligibility mentioned below:

1. Bachelor’s degree: You must have a Bachelor’s degree in Commerce or a related field (like BCom, BBA, or BBM) from a recognized university.

2. Minimum percentage: You must have secured a minimum percentage (usually 50% to 60%) in your Bachelor’s degree.

3. Entrance exams: Some universities require you to pass entrance exams like DUET, BHU PET, or JNU CEE.

MBA

Those who want to go for MBA, in MBA or MCom in 2025 have to have the criteria specified below:

1. Bachelor’s degree: You must have a Bachelor’s degree in any discipline (like BA, BSc, BCom, BTech, etc.) from a recognized university.

2. Minimum percentage: You must have secured a minimum percentage (usually 50% to 60%) in your Bachelor’s degree.

3. Entrance exams: Most MBA programs require you to pass entrance exams like CAT, XAT, GMAT, or MAT.

4. Work experience: Some MBA programs require or prefer candidates with work experience (usually 1-2 years).

Additional Requirements

1. Language proficiency: Some universities may require you to demonstrate language proficiency in English, especially if you’re an international student.

2. Other certifications: Some MBA programs may require or prefer candidates with additional certifications like CA, CS, or CFA.

As far as the information above in connection with MBA or MCom in 2025 is concerned, the above mentioned skills can be of use in both MBA and MCom, these skills will be of added advantage for students of both the courses.

Colleges for MBA or MCom in 2025

MBA or MCom in 2025 is the topic of discussion and then question that comes into one’s mind is that what are the some of the well-known colleges for studying MBA or MCom. The answer is mentioned below:

MBA or MCom in 2025

– Mumbai University, Mumbai: Offers a comprehensive MCom program with specializations in Accounting, Finance, and Management.

– University of Madras, Chennai: One of the oldest and most prestigious universities in India, offering a well-structured MCom program.

– University of Calcutta, Kolkata: A highly respected institution with a long history of academic excellence, offering a comprehensive MCom program.

– Osmania University, Hyderabad: A renowned institution in southern India, offering a well-structured MCom program with various specializations.

Other notable colleges offering MCom programs include:

– Banaras Hindu University (BHU), Varanasi

– Aligarh Muslim University (AMU), Aligarh

– Jamia Millia Islamia, New Delhi

– Panjab University, Chandigarh

– University of Pune, Pune

These colleges offer a range of specializations, including Accounting, Finance, Management, and more.

It’s essential to research each college’s program, faculty, and placement opportunities to find the best fit for your academic and career goals.

MBA
IIMs

– IIM Ahmedabad

– IIM Bangalore

– IIM Lucknow

– IIM Indore

Non-IIMs

– Faculty of Management Studies (FMS), Delhi

– XLRI Jamshedpur

– SP Jain Institute of Management & Research (SPJIMR), Mumbai

– Management Development Institute (MDI), Gurgaon

– Indian School of Business (ISB), Hyderabad

Other notable colleges

– Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai

– Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay

– Department of Management Studies (DMS), IIT Delhi

– Vinod Gupta School of Management (VGSoM), IIT Kharagpur

Fees

What else is required when it is about MBA or MCom in 2025? The fees, it is about the money one has to pay to study the course. The fees for both the courses are mentioned below for the sake of the students:

MCom

– Government Colleges: ₹1,000 to ₹5,000 per year

– Private Colleges: ₹10,000 to ₹50,000 per year

– Distance Education: ₹8,100 to ₹16,200 for the entire 2-year program

Some specific examples of MCom fees in top colleges in India are:

– Shri Ram College of Commerce: ₹50,000

– Hindu College: ₹25,800

– Hansraj College: ₹26,074

– Loyola College: ₹14,830

– Madras Christian College: ₹27,257

MBA

– IIMs: ₹17 lakh to ₹27 lakh

– Top Private Colleges: ₹10 lakh to ₹30 lakh

– Government Colleges: ₹1 lakh to ₹5 lakh

– Distance Education: ₹1.5 lakh to ₹2 lakh

Some specific examples of MBA fees in top colleges in India are:

– IIM Ahmedabad: ₹26.5 lakh

– IIM Bangalore: ₹26 lakh

– IIM Calcutta: ₹27 lakh

– XLRI Jamshedpur: ₹11.31 lakh

– FMS Delhi: ₹2.32 lakh

Keep in mind that these fees are subject to change and do not include additional expenses such as hostel fees, study materials, and other living expenses.

The fees are subject to change due to various reasons, students can visit the official websites of the institutions or can visit the institutions in person to know more about the fees.

MBA or MCom in 2025

Conclusion

MBA or MCom in 2025 are both courses with their own set of unique features, students can decided depending on their interest and career focus. A career in commerce can gets a boost on study of MCom, a career in corporate world or management world can be boosted through an MBA.

Choice between MBA or MCom in 2025 can be done considered the experience from professionals who have already proved their mettle in commerce or management sectors. Candidates also have to remember to have the required financial viability to study the courses.

Some of the institutions may be offering scholarships, candidates aiming for MBA or MCom in 2025 can also apply for these scholarships. The information can also be obtained from various online or offline sources with regards to MBA or MCom in 2025.

S.
S. Vishnu Sharma

S Vishnu Sharmaa now works with collegechalo.com in the news team. His work involves writing articles related to the education sector in India with a keen focus on higher education issues. Journalism has always been a passion for him. He has more than 10 years of enriching experience with various media organizations like Eenadu, Webdunia, News Today, Infodea. He also has a strong interest in writing about defence and railway related issues.



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