In the current circumstances, when there is a visible gap in demand and supply of qualified professionals in the industry, live projects can act as adhesives to bridge the gap. Providing a hands-on experience about the market scenario and corporate life, live projects act as a platform where students can get their real-time work experience. After graduation, students often face difficulty in implementing the theoretical knowledge in immediate challenges which may appear as a dent in their professional career. Holding a good academic record doesn’t carry much importance if the students fail to apply them practically. Most B-Schools prefer to make live projects mandatory in their curriculum understanding its significance in the professional career of a student.

To get a better view on the importance of live projects, the under-mentioned points might prove to be of assistance:

1. Familiarize the Students with Working Environment: Coming out of the classroom environment students often find it quite difficult to adjust themselves to corporate life. Live projects make them accustomed to the corporate standards and working environment which makes them at ease.  
2. Students Get Proper Training: Only proficient in theoretical knowledge, students lack the practical skills necessary for any profession. Live projects train them even before the start of their professional career which increases their expertise. Apart from that, it also enhances their knowledge which makes them more preferable in the eyes of recruiters.
3. Boosts Confidence: Confidence is one of the key qualities that help students to land in their dream jobs. Acquiring a practical skillset beforehand will instill a lot of confidence among the students and will certainly make them stand out from the crowd.
4. Teaches Team Work: Incorporating corporate culture in the students prior to joining any company, live projects teach them the benefits of working in a team. Working under the supervision of an expert from the domain students will learn about how to handle a project cooperatively. Working in a group has its own benefits and students can get to learn about it while doing their live projects.
5. Improves Leadership Qualities: Learning in a working environment can motivate students and develop their personalities notably. Improving their decision-making skills, thinking capability, and working under time constraints, live projects play a recognizable role in crafting young students into successful leaders.
6. Enhances Communication, Logical, and Analytical Skills: Live projects also work as a catalyst to fasten the learning process. Sustaining in the working environment, students will learn a lot before emerging out as skilled professionals. Compelling them to work before the deadline, live projects will augment their analytical and logical reasoning skills. As we all know the importance of communication skills in campus placements, students will also be fluent in communication while working on the live projects which will be a beneficial factor for them.

Preparing students effectively for their career ahead, live projects act as pre-placement training. Benefiting the students in the long run, most of the colleges and universities have assigned live projects as a mandatory subject often awarding points for it. Analyzing the current industrial scenario, where practical knowledge holds so much importance, live projects has emerged out as one of the holistic solutions. Developing the personality of the students by molding them into prompt professionals, live projects should be a compulsory curriculum rather than just an option.