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In this episode of Figuring Out with Raj Shamani we are in conversation with Rashmi Mittal, Pro-Chancellor of Lovely Professional University.
Rashmi Mittal, along with her husband Ashok Mittal, embarked on their entrepreneurial journey by running sweet shops. However, their passion for education and the recognition of a need for quality higher education in North India led them to explore the possibility of establishing an educational institution.
In pursuit of their vision, Rashmi and Ashok Mittal took a bold step and founded Lovely Professional University (LPU) in 2005. Located in Jalandhar, Punjab, LPU started as a modest endeavor but quickly gained momentum due to its commitment to academic excellence and holistic development of students.
Under Rashmi Mittal's leadership, Lovely Professional University has grown into one of India's largest and most prestigious private universities. With a focus on innovation, research, and providing a conducive learning environment, LPU has become a hub of academic excellence and has earned numerous accolades and recognition both nationally and internationally.
In this podcast she shared how she started a university from scratch and what challenges she faced. She also talks about what sets a university apart from others, why practical learning is more important, why India is not the leader in education, how students can crack high paying jobs and much more.
Watch the podcast till the end to understand the education business, challenges of running a university, Indian education system and much more.
Follow LPU On Instagram: https://instagram.com/lpuuniversity?igshid=MzRlODBiNWFlZA==
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00:00 - Introduction
01:51 - Pressure of competition by parents
05:17 - How did LPU start?
07:07 - What makes a university better?
10:42 - India lacks practical education
12:02 - Challenges faced while starting LPU
13:36 - Advertising strategy of LPU
15:46 - What makes LPU different?
19:08 - School of happiness
22:01 - Learning from other universities
24:59 - How to crack a 3 Crore package?
25:52 - Traits of successful students
30:32 - Practical vs theoritical learning
34:07 - Why India is not the leader in education?
35:07 - Why LPU's fees is high?
37:24 - AI in Education System
38:21 - Drugs & crime in Punjab
40:48 - How to build culture?
44:28 - Worst placement experience
45:48 - Biggest challenge for universities
47:32 - Learnings from his son Pratham Mittal
50:13 - Conclusion
About Raj Shamani
Raj Shamani is an Entrepreneur at heart that explains his expertise in Business Content Creation & Public Speaking. He has