Valuable lessons India can learn from Finland’s education system

In a bid to make school syllabus more relevant for younger generations, the Department of Education has rejigged India’s education system by revising many key policies over the last decade. For instance, in 2016, the Ministry of Human Resource Development rectified a mandatory provision of the Right to Education Act from automatic promotion of all students till grade 8, to performance-based promotion. This means that it is mandatory for all students between class 5 and 8 to pass their exams in order to be promoted to the next grade.

In addition, the Delhi government introduced a new‘happiness curriculum’in almost 1,000 state-run schools. Introduced in 2018, this curriculum which includes meditation, value education and mental exercise is to be taught to all children between nursery and class 8. In the same year, it also allocated 26% of its annual budget to education—much higher than cities like Mumbai, Chennai and Bengaluru.

While these changes are significant, there’s still a long way to go before we can boast of a truly holistic and experience-first education system. Not unlike Finland’s.

What makes Finland so special?

The country’s progressive education system first made waves in 2001, when Finnish students ranked amongst the top five spots in the Program for International Student Assessment—a very prestigious international assessment of students. In this assessment, it was found that Finnish students had vastly superior reading, math and science literacy. As Finnish students started scoring better and better every year, educators, leaders and policy-makers began to study the country and its remarkably effective education system.

It was found that the transformation of the Finns’ education system began around 40 years ago as the key propellant of the country’s economic recovery plan. By the end of the ’60s, a new legislation and curriculum were created by merging academic grammar schools and work-oriented civic schools into a 9-year comprehensive school. These 9 years include 6 years of basic education and 3 years of lower secondary education. Other significant tenets of their system include:

  • Formal education begins at the age of 7; before that, children are encouraged to learn through play and movement.
  • The curriculum includes unusual subjects like ‘joy’ and ‘play’. Every Finnish school has a specially appointed welfare team to ensure every child’s happiness.
  • Education in Finland is considered a fundamental right; to ensure equal opportunities for all, no tuition fees are charged in Finnish schools. There are only a handful of private schools but even they are financed publicly, and cannot charge a tuition fee.
  • Fifteen minutes’ break time is scheduled into every class; students spend this break playing, while teachers can take a quick breather, or address specific concerns or special projects.
  • Finland doesn’t have a standardized assessment system, which allows teachers the freedom to structure their lessons their way, and evaluate the progress of their students using individual metrics.

 

As the famous saying goes, change is the only constant and it’s high time that we make an alteration in our education system to benefit coming generations for a more efficient and aware career path. Want to change your learning habits? Visit www.projectmynt.com today!

 

Also read: How experiential learning is the way forward in India?

 

How Project MyNT intends to bring about a change in the career building ecosystem of India?

In this day and age – Education is not a want, it’s a need. The future of India, highly depends on this need. Just as a background, there are about 1M+ jobs being wiped out every year due to technology advancements and multiple million people are becoming victims of non-satisfying jobs due to their rate race of meeting opportunity costs or living costs. It’s high time we realize that until we don’t align our interests and passions to the career decisions we make – we’re in danger of being unemployed or deteriorating our mental health.

Education in india

Project Mynt is India’s First Experiential Learning Platform that is trying to address this problem head-on. We target students and young professionals early on in their journeys to get the right amount of exposure to help them target industries that align with their interests and passions. We do this by delivering specially curated capsule courses that help them get a real life experience of an industry that they’re inclined towards. We pick and choose specific fields that have rapid growth today and are going to be the careers of tomorrow.  

Also read:  What can Teenagers do to build a successful future?

After students complete their chosen capsule, they get the industry domain knowledge about further education or employment options in the same field. We complete the entire loop to help the student decipher his/her interest and make wiser decisions for their futures.

How are we able to do this? At Project Mynt, we’ve carefully chosen and selected industry leaders and veterans who have not only built and stamped the authenticity of these capsules but also joined hands as faculty for the same. Our next batch of capsules are scheduled to run in the summer vacations for students in Delhi/NCR wherein we’re looking forward to high levels of engagement and energy towards shaping their future.

The summer capsules will happen in a condensed time frame keeping in mind the availability of school students. The first batch starts on 24th May 2019 and lasts for about a week. We’ve enrolled students and have close to 100 seats left, for those who are travelling – we have a similar batch scheduled to happen in the last week of June 2019.

To apply for being a part of the capsule please click here or mail us on inquiry@projectmynt.com

 

How experiential learning is the way forward in India

As a school kid, most of us used to wait for lab sessions to attend practicals – Chemistry, Biology, Computer, etc. Didn’t we? But why were practicals so much fun? Was it the LIVE experience that made them interesting or the unique methodology that helped us remember all the points for longer?

Here’s a fun fact. Hermann Ebbinghaus formulated the ‘Forgetting Curve’ more than a hundred years ago which explains the decline of memory retention and how information is lost over a period of time when there is no attempt to retain it. Experiencing things in the real-world can help us retain a lot more, a lot faster. Lectures help, but one needs practical knowledge to understand, grow, and excel. Thus, it’s time you make the most of experiential learning.

Also read: All you need to know about Project MyNT

IT’S ALL ABOUT GETTING REALITY CHECKS!

Experiential learning is the process of learning through experience and is more specifically defined as learning through reflection on doing.

Education theorist David A. Kolb’s experiential learning style theory is typically represented by a four-stage learning cycle in which the learner ‘touches all the bases’:

1. Concrete Experience
2. Reflective Observation of the new experience
3. Abstract Conceptualization
4. Active Experimentation

EXPERIENTIAL LEARNING IS THE FUTURE OF LEARNING.

Experiential learning allows students to:
> Develop critical-thinking, problem-solving, and decision-making skills
> Build an emotional connection with the subject
> Leverage real examples for inspiration
> Enhance their experiences to be shared with others

Indian education system needs to evolve and become more experiential where students get an opportunity to go out and explore the real world to gain first-hand knowledge. This will further inspire them to pursue what appeals to them the most. An expert or mentor can guide students to bridge the gap between theoretical and practical learning. This will also help in brushing up their skills with a better understanding of how to act in a particular environment.

Parents must realise that kids need to cope up with today’s fast moving world by making them familiar with the modern ways of learning. Thanks to digital tools and technologies, students can now close the job skill gap in a true sense. Smart classes with projectors, personalized and project-based training, industry visits, etc are some of the methods parents should look forward to for their kids’ personal development.

GET INSPIRED AND GET GOING BECAUSE NOW IS THE TIME!

The skills we need to work today are changing at such a great pace that no system can keep up with them without constant evolution. With competition growing incessantly in the global economy, we must look forward to shifting the discourse from learning new skills to enabling the processes that create these skills.

We, at Project MyNT – My Next Thing, are working towards redefining the methods of learning by providing practical knowledge to students who enrol in our courses. A strong curriculum including sessions by experts and internships will help students figure out the right career opportunities amidst all the confusion and uncertainty.

MyNT aims to give students an insight into careers that are going to take over the world tomorrow and for which there is currently no infrastructure or space in our education program. Enrol here.

Confused about your career? 5 steps to help you make the right choice!

It’s not what you achieve, it’s what you overcome. That’s what defines your career.
– Carlton Fisk

We all go through this phase in our lives when we question ourselves: What’s right for me – Following my hobby or getting into the family business? Pursuing engineering or becoming an entrepreneur? Doing something that makes me happy with small earnings or something that offers great packages?

And do you know why these questions arise? The two main reasons why we can’t decide our career path are:
>> Either we have no clue about what we genuinely like,
>> Or we know what we actually like but don’t think it’s a perfect option to go ahead with!

Have you ever come across someone who slipped smoothly into the right career shoes, and walked away without any troubles? Maybe yes, but very less.

Also read: How experiential learning is the way forward in India?

Well, well. Just take a deep breath and read on to know what you should do to find the right career path! This guide has got your back, trust us:

STEP 1: Mirror, mirror on the wall; what’s my favourite hobby that can become a job?

That’s right. Look deep inside. Figure out things you are passionate about, that make you happy, and can be worked upon. Give directions to your all-time favourite hobbies and pursue them seriously. Self-evaluation is the key!

STEP 2: Say hello to the too-many options and follow the ideal process

In the times when you feel like pursuing multiple things and end up getting confused, just follow the filter process. List down all the options available, research about them and explore as much as you can. Make comparisons and see what’s better, prioritize or rank your choices, and voila! You will reach the next main step about experiencing the future.

STEP 3: Getting on it by using ‘experiential knowledge’ as the shield

A mind troubled by doubt cannot focus on the course to victory.
—Arthur Golden

With that list of shortlisted options in your hand, your succeeding step should be choosing and getting on to your ‘next thing’ with the help of career advisors. Mentors play an important role, for seeking guidance from our seniors or parents is indispensable. However, words or pieces of advice are not enough in today’s world. You need to feel, experience, and then decide your career to avoid any repercussions.

Experiential learning means acquiring practical knowledge about any topic by getting a hands-on experience. In simple words, it is the process of learning through experience, more specifically defined as “learning through reflection on doing”.

An internship is sure to give you some perspective and a good curriculum will help you get a clear picture regarding your career choices. Gaining experience by doing internships, taking classes, reading books, etc can help you develop the skills and abilities to strengthen your goals.

STEP 4: Be an opportunist

Knowing in a few months is better than investing your life trying. Pre-acquired knowledge also helps in saving time & money, because what if you realise later that the path you chose wasn’t meant for you! Make use of opportunities to become what you really want to be. Make a career plan, make a choice, get experiential knowledge, and you are good to go. Explore, experience, and then pursue that path.

STEP 5: Right Decisions = Right Path

Decision making is the most crucial process and setting goals is not an easy job. So, now what? After you come down to one option and finally decide that this is it, start focussing on how to grow in that field. Build networks that help you reach the top of the ladder and kill it with your phenomenal performance.

Hope that we helped you get on the right path to the most suitable career. Here’s a small tip! Don’t spend years to learn the curriculum that changes every day, rather equip and prepare yourself with the tools of today! Ready to find your next thing?

5 habits that will assure your child’s financial success in future

Are you a parent who’s concerned about your child’s future? Constantly find yourself thinking about if they’ll have a successful career later in life?

Well, guess what – it doesn’t really matter what they choose as long as their understanding of the real world is early and they progress to make more controlled decisions every day.

As an adult, we understand that authority is everything. Be it an investment or a drive on a sunny day over the highway,  as long as we’re in control – we’re happy. I don’t know how many of you look at it like this, but Happiness is the key asset that we chase throughout our lives. It’s bigger than a fancy house or the sports car around the next block.

Also read: Confused about your career? 5 steps to help you make the right choice!

But in order to do this for our children, how can we talk to our them about value investing? Talking to your child today about money investing may not interest them. And if you’re planning to put a few hundred dollars into a trading account just to teach them – that’s worse. If they lose the money, they’ll unconsciously switch off this mode of investment, on the other hand, if they end up making some profits – they’ll try to make bigger bets – which will more certainly convert into a bigger problem. So how are we supposed to bring them up to speed with the financial competition of the real world?

Here’s how,

Use real-life examples to teach them time value of money.

Sow a seed with your child and let that blossom into a plant and then a tree full of fruits. Show them how a few months of care has helped in them relishing the fruit today. To understand that the journey contributes to creating the result is very important.

Tell them about companies wherever possible.

The best time is when your child pushes you to buy her/him something. Talk about the utility of the product, and also about its origin. So the next time that chocolate bar or soda you buy they get to understand about companies like Hershey’s and Coca-Cola, where they come from and where they are today.

Start investing for them. Teach them at the right time.

While I mentioned that a real money game at a very early age can result in demotivation or real betting traits, you can instead create a budget with life goals of your child – gauge when is the time to tell them about it and make them learn how you perform actions. Start as early as you can.

Say you’re envisaging higher education for your child 20 years down the line –  what do you do? Align your financial goals and start saving today! As and when your child is 15, it’s time to reveal what you’re saving for them. At that age, children take interest and are highly motivated to become a part of the working group of the world.

Once they understand planning, give them a budget to save and invest.

Once they’ve understood how you plan for your own life goals to achieve them, they can do the same. They can actually orchestrate their life according to their financial goals, the way they want to.

If you invest INR 1000 every month, you can accumulate INR 1,00,00,000 when you’re 40. This definitely interests your 16-17 year old. (25 years of 25% returns in a growth MF)

Let them make mistakes. But make sure you give them the lessons around it.

Making mistakes, taking chances and failing are paramount for anybody’s learning experience. Once you feel that your child is ready to face the world, always encourage them to take chances, even if at the cost of making mistakes. Don’t protect your child, rather making them immune to such failures and help them focus on the learnings they get instead of the outcome.

By taking these simple steps, you can almost ascertain that your child will achieve in life what you may/may not have. Start today, give it your time and persistence. 

All the best!