Punjab Technical University (PTU) has announced that it has signed a Memorandum of Understanding (MoU) with University of California, Santa Cruz (UCSC) this Monday for setting up an Institute of Excellence (IOE) at Chandigarh.
IOE currently expects to be self-financed for operating expenses. The institute will focus on high quality technical education and grant degrees in streams like Bio-Engineering, Bio-Informatics, Computer Engineering, Computer Science, Electrical Engineering, Network & Digital Technology, Robotic Engineering, and Technology & Information Management. Students can further choose to transfer to UCSC to complete their undergraduate or graduate education and get a degree from UCSC provided they meet UCSC’s admission and other criteria in place at that time. UCSC shall also provide free teaching curriculum, methodology and test/exams similar to its current material at US at the new institute.
IOE will be governed by a seven member Board of Trustees or Governing Council comprised of eminent academicians, UCSC representatives, industry representatives and government representatives. The first Chairman of the Board of Trustees shall be appointed by the Governor of Punjab on recommendation of the state government. Plans are currently being made for the institute to commence teaching by 2015.