FUEL Annual Conclave 2024 CNBC Awaaz

Summary

The Fuel Business School's 2024 Annual Conclave and Future Skills Summit in Pune aimed to bridge the gap between education and industry. The event featured discussions on pressing issues in education and employability, with government and corporate leaders sharing insights on CSR, sustainability, and job opportunities. Fuel also launched 'Hope Stories', announced university expansion, and introduced the 'Career Forge' program for internships and scholarships, emphasizing their commitment to empowering underprivileged youth with future-ready skills.

Takeaways

• 🏆 Fuel is a recognized nonprofit organization established in 2007, focusing on academic coaching and skills development.
• 🎓 Fuel Business School offers postgraduate diploma and Bachelor's degree courses approved by the All-India Council of Technical Education.
• 💼 The institution aims to empower underprivileged youth and has provided over 10,000 scholarships, employing over 60,000 youth across various careers.
• 🌐 Fuel's annual conclave and Future Skills Summit in 2024 brought together government and corporate leaders to discuss education and employability.
• 🤝 The event's theme 'One World One Family' sought to bridge the gap between industry and education, fostering collaboration and knowledge sharing.
• 🏛️ Minister Aditi Tatkare from the Maharashtra government emphasized the government's support for youth skilling and higher education.
• 📚 Fuel's chairman, Mr. Katan Deshpande, and the team launched the 'Hope Stories' book and announced the expansion of Fuel as a university.
• 📝 Memorandums of Understanding (MoUs) were signed with BP and VFS Global for future skills and CSR initiatives, as well as a continued partnership with Capgemini.
• 🏅 Special awards were given to students excelling at Fuel, and leadership awards were presented to BBA and PGDM students.
• 🔍 Panel discussions at the conclave focused on job opportunities, sustainability in CSR, and the expectations companies have from students.
• 🌟 The script highlights the importance of continuous learning, adaptability, and the integration of technology in various domains including CSR.

Q & A

What is the primary focus of Fuel, the nonprofit organization mentioned in the script?

Fuel focuses on academic coaching and skills development, providing free education and scholarships to empower underprivileged youth.

What educational programs does Fuel Business School offer?

Fuel Business School offers postgraduate diploma in management and Bachelor's of Business Administration courses, approved by the All-India Council of Technical Education.

How many scholarships has Fuel granted to date?

Fuel has granted over 10,000 scholarships to students.

What was the main objective of the Fuel Annual Conclave and Future Skills Summit held in 2024?

The event aimed to bridge the gap between industry and education, bringing together leaders from government, corporate, and education to discuss pressing issues in education and employability.

Who was the special guest at the Fuel Annual Conclave and Future Skills Summit of 2024?

The special guest was an industrialist and young entrepreneur, Bat Bai.

What significant announcement was made by the Fuel team during the conclave?

The Fuel team launched the 'Hope Stories' book and announced the expansion of Fuel as a university.

What are the two Memorandums of Understanding (MoUs) mentioned in the script?

One MoU was signed with the CSR head of BP, Miss Raica P, for future skills, and another with VFS Global's Senior General Manager and Global Lead for Corporate Communications, Miss Ria V.

What is the significance of the 'Career Forge' program mentioned in the script?

Career Forge is a new program for management students, combining internships with scholarships to enhance their employability.

What advice did the Honorable Cabinet Minister Aditi Tatar Kare give regarding the blending of business school activities with industry needs?

She suggested blending business school courses with manufacturing industry needs such as 6 Sigma and Industry 4.0 to prepare students for the future workforce.

How does Fuel plan to support the underserved communities of India?

Fuel aims to establish a center of excellence and invites corporate leaders to serve these communities, with the expectation of inaugurating a university in the coming months.

What is the vision for Fuel's future initiatives, as mentioned in the script?

The vision includes establishing a center of excellence, offering scholarships for pursuing PGDM and BBA programs, and impacting the lives of 10 million youth through education and skill development.