(1) Each University for Research and Innovation shall establish such faculties or schools of studies, with a Board of studies for each faculty or school comprising the Dean of such school and such other members, as may be specified by the Statutes.
(2) The Board of studies of the faculty or school shall have such powers and exercise such functions as may be specified by the Statutes.
(3) Every University for Research and Innovation shall establish a faculty of knowledge manpower assessment to-
(i) study and assess, through research, trends in emerging fields of knowledge of relevance of such University;
(ii) assess and project the requirement for knowledge, manpower needs and define the competencies so required;
(iii) recommend, on the basis of the results of its study, assessment and projections, revision of curricula and syllabi to schools;
(iv) interface and interact with the alumni of such University;
(v) exercise such other powers and perform such other duties as may be conferred and imposed on it by Ordinances or by Statutes.