The Hindu dated 26 February 2007
RICH REWARD: MBA student Sadaaf Qureshi who secured the university fifth rank, receiving the cash award and gold coin from Mr. G. Viswanathan.
"India's economy growth curve increased by 9.2 per cent in the last quarter. Well-devised economic policy of liberalisation, privatisation and globalisation has led India to be one among the growing countries, that is looked upon by the others as a destination for foreign investment," said G. Viswanathan, founder-chancellor, VIT University, Vellore.
He was speaking at the graduation ceremony of Velammal Engineering College and Velammal College of Management & Computer Studies, last week. In the academic year 2005-06, 28 students from the engineering stream, four from the MCA stream and 12 from the MBA stream obtained university ranks.
Sai Ganesh L. from the Department of Mechanical engineering received the 8th university rank, and Srividhya R. and Gayathri K. from the Department of MCA secured the 6th and 8th rank.
Sadaaf Qureshi, Pavithra S. and Mythili P. from the Department of MBA attained the 5th, 9th and 10th ranks.
The rank holders were awarded 132 grams of gold coins worth Rs. 1.2 lakh and a total cash award of Rs 1.92 lakh.
"With population declining in more than 50 countries, in the next 30 to 40 years, India will have young working hands with a vast potential, and it requires that educational institutions prepare themselves for this expansion. It's high time there is a change in our educational system, with many independent universities.''
K. Jayaramakrishnan, vice-president, Tata Consultancy Services, wanted the colleges to help in improving the students' communication skills.
Around 590 students from Electrical and Electronics, Computer Science, Mechanical, Information Technology, Electronics and Communication, Electronics and Instrumentation and Master's of Computer Application, M.Sc. IT (Information Technology), M.E. Applied Electronics, and M.E Power Systems wrote the examinations. The college secured a pass percentage of 95.3 per cent in which 566 students have passed. Ninety per cent of students of the current academic year have been placed in MNCs.
Velammal College of Management & Computer Studies: The MBA stream registered a 100 per cent pass percentage and the MCA stream 93.
C. Rathnasabapathy, Dean, Velammal Engineering College; G.B. Jaiprakash Narain, prinicipal, Velammal Engineering College, and S.V. Devanathan, director, Velammal College of Management & Computer Studies, and the chairman of Velammal Educational Trust, M.V. Muthuramalingam spoke.