Finance is the heart of an organisational body. Finance managers are supposed not to know only the balance sheet, the working capital management but they need to know the costing of raw materials and the external enviorment that affects the profitability of a company also, say Mr. Janak Juneja, Director Technical Education ,Govt. of Delhi, in a seminar on Technical Education - Challenges & Need in the Current Global Scenario" held at Indian Institute of Finance.

Focusing on the role of finance manager she emphasize, on the integrated learning in management. The other important point, which she mentioned, is necessary interaction between industries and university/institutes to improve the efficiency of industries. This will also help an industry in developing the professional skill accroding to the industry requirement.

The vocationalisation of education after matriculation will help in preparing the team of lower class professional and middle calss managers. But it requires a lot of efforts and resources.

This problem can be solved by sharing of the resources or increasing the utilization of existing resources. Simultaneously there is a need of social acceptance of technically qualified diploma holder.

Adding to her speech Prof. J.D.Agarwal, Director Indian Institute of Finance, also emphasized on a general awareness of manager and the capacity utlization.He criticised the University set-up where the calsses are conducted around four and five month in year.The nine month are unutilized which is like a crime. He said that there is no need of social acceptance of diploma in the management because the diploma in management is more valuable than degree if we look at IIM performance and other management institutes which are involed this activity.