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FAQS

FAQs for Industry Partners

The MFS program is not any government scheme but is an academic initiate designed by MKCL.

In March –April the students would be available for selection in an online login

To be empaneled as an industry partner, you will have to submit relevant documents depending on the identity of your organization and sign the empanelment letter.

The minimum duration of the MFS program is 3 years after the selection of a candidate. .

The stipend to be paid must compensate the standard of living of the location of the company and the workload.

It depends on the organization if the stipend needs to vary every year or remain the same every year.

The rules with regards to timing must be made explicitly clear in the job description of the vacancy and also be made clear to the candidate during the interview process.

As the candidates shall be involved in daily work, they shall follow the usual rules as applicable for all employees. If there are any specific conditions for the MFS students, the same must be made explicitly clear in the job description also has to be made clear to the student during the interview process.

The MFS students can be given a relevant profile as per the business requirements. If there are certain parameters which are directly linked to their performance, the same must be made explicitly clear in the job description also has to be made clear to the student during the interview process.

Yes, the candidate can be relieved of his/her services if their performance is not at par as per the organization policy. As the candidates risk at losing an academic year if removed, such a step be taken only after giving necessary warning and giving necessary time for improvement.

MKCL does not charge any fees for being empaneled as an industry partner.

No, the candidate has to remain with the same Industry Partner after joining or else leave the entire MFS program.
No, the industry partner need not give extra holidays for exams, as the exams are conducted on week ends when most of the Industry Partners are having weekly offs. In such cases, where the weekend is not a holiday during the exam, the candidate shall take the day off for giving the exam.