Best Practices
A) Title: Meritorious Scholarship Program for Integrated MBA Program
Objective of the practice:
· The scholarship program aims to recognize and reward academic excellence by providing financial assistance to meritorious students.
· By offering scholarships based on performance, the institution fosters a competitive, knowledge-driven learning environment that motivates students to strive for higher achievements.
· Additionally, the initiative promotes inclusivity and ensures that financial constraints do not hinder talented students from accessing quality education. By reducing financial burdens, the program enables students to focus on their academic and professional growth, ultimately enhancing their career prospects.
· This initiative reflects the institution’s commitment to nurturing talent, supporting educational aspirations, and fostering a culture of excellence.
The Context:
A meritorious scholarship plays a crucial role in boosting students’ confidence, easing financial burdens, and motivating them to excel academically. By providing financial assistance, it enables students to access better educational resources, focus on their studies, and enhance their career prospects. This support fosters perseverance and encourages students to strive for excellence, creating a culture of academic achievement.
Additionally, financial constraints often hinder talented students from pursuing higher education. To bridge this gap, the institution has established a well-structured scholarship program for Integrated MBA students. This initiative ensures that deserving students receive the support they need to continue their education without financial stress. By recognizing and rewarding academic excellence, the scholarship program not only alleviates financial challenges but also inspires students to reach their full potential. Through this initiative, the institution reaffirms its commitment to nurturing talent, promoting accessibility to education, and shaping future leaders.
The Practice:
The institution has implemented a Semester-Wise Merit-Based Scholarship Program to recognize and reward students who demonstrate exceptional academic performance since batch-2021. Scholarships are awarded at the end of each semester to deserving students, ensuring that academic excellence is consistently encouraged throughout the five-year Integrated MBA program. This structured approach not only motivates students to maintain high academic standards but also fosters a culture of continuous learning and achievement.
A key highlight of this initiative is the significant financial assistance provided to students. As of March 31, 2025, the institution has awarded scholarships worth over ₹1 Crore to meritorious students. This substantial financial support has enabled many deserving students to pursue their education without financial constraints, reducing the burden on families and making quality education more accessible. The scholarship fund continues to grow, reflecting the institution’s strong commitment to academic excellence and student welfare.
The scholarship program operates on a transparent selection process, ensuring fairness and credibility. The selection criteria are predefined, based on academic merit, and consistently applied across all semesters. This structured approach ensures that only the most deserving students receive the scholarship, reinforcing the value of hard work and dedication. The institution also maintains clear communication with students regarding the eligibility criteria and selection process, thereby fostering trust and confidence among all stakeholders.
Rules of providing scholarship
· Top 20 percent of the students in merit of the semester result gets a scholarship of Rs. 10,000
· Next 30 percent of the students in merit of the semester result gets a scholarship of Rs. 5,000
· Hence 50 percent of the students get the benefit of the scholarship and the rest of the students aspire to get it.
· Scholarships are provided with a condition that a student should not have any backlog in the previous semesters
Beyond financial support, the initiative serves as a powerful motivational tool for students. Knowing that their academic efforts are recognized and rewarded, students are encouraged to set high goals, work diligently, and strive for excellence. This has led to a noticeable improvement in overall academic performance, with students displaying greater commitment to their studies. Additionally, the competitive spirit instilled by the scholarship program contributes to a dynamic and intellectually stimulating learning environment.
By integrating financial assistance with academic performance, the institution has successfully created a robust framework that not only supports students financially but also drives academic excellence. This initiative stands as a testament to the institution’s dedication to nurturing talent, fostering educational growth, and ensuring that no meritorious student is deprived of opportunities due to financial limitations.
Evidence of Success:
The Meritorious Scholarship Program for the Integrated MBA has significantly contributed to academic excellence and student retention. By providing financial support to deserving students, the initiative has led to a noticeable improvement in academic performance, as students remain motivated to excel in their studies. The scholarship acts as an incentive for students to maintain high standards, fostering a culture of continuous learning and achievement.
Additionally, the program has resulted in an increase in the enrollment of talented students. Many high-performing students who might have faced financial constraints are now able to pursue their education without worry, making the program an essential driver of inclusivity and accessibility. This has helped the institution attract and retain academically bright individuals, further strengthening the overall quality of the Integrated MBA program.
Moreover, the initiative has received widespread appreciation from students, parents, and stakeholders. The financial relief provided through scholarships has eased the burden on families and enhanced student morale. The transparent and merit-based selection process has further built trust and credibility among all stakeholders. The scholarship program has thus become a hallmark of the institution’s commitment to fostering excellence and supporting deserving students in their academic journey.
Problems Encountered and Resources Required:
Sustaining the scholarship fund and expanding financial resources remain key challenges in ensuring the long-term success of the program.
Another critical aspect is ensuring continuous evaluation and the fair distribution of scholarships. A well-defined selection process, based on academic performance and predefined criteria, is essential to maintain transparency and credibility. Regular assessments and reviews help refine the process, ensuring that financial support reaches the most deserving students.
By addressing these challenges, the institution aims to uphold the integrity of the scholarship program, reinforcing its commitment to academic excellence and financial inclusivity. Strengthening financial resources and maintaining a fair, merit-based approach will enable the institution to support more students and foster a culture of sustained educational achievement.
B) Title: Comprehensive Practical and On-Field Exposure Across All Five Years
Objectives of the Practice:
· The institution aims to provide students with hands-on experience and industry-relevant skills throughout their academic journey, ensuring they are well-prepared for professional challenges.
· By integrating practical exposure with theoretical learning, the program bridges the gap between classroom education and real-world applications. This approach enables students to develop critical problem-solving abilities, adapt to industry demands, and gain practical insights into their field.
· Additionally, by incorporating field exposure into the curriculum, the institution enhances students’ employability, equipping them with the necessary expertise and confidence to excel in their careers. This holistic learning model fosters a strong foundation for future success.
The Context:
Traditional classroom learning alone does not fully prepare students for real-world professional challenges. To address this, our institution integrates practical exposure throughout all five years of study, ensuring a well-rounded educational experience. By combining theoretical knowledge with hands-on learning, students gain a deeper understanding of industry dynamics and develop essential skills needed for their careers. This approach enhances critical thinking, problem-solving abilities, and adaptability to real-world scenarios. By actively engaging with industry practices, students graduate with the confidence and expertise required to excel in their respective fields, making them more competitive in the job market.
The Practice:
· Field-Based Learning: Sustainable Environment and Business Practices (SEBP) is the course where o n-site projects-based teaching is done. In SEBP a sum of 10 companies, focused on sustainable business, were invited to carry on the project of training the students about the various types of government policies and their business plans to promote sustainable business practices. This enabled s tudents to understand the concepts of sustainable business practices focusing on sustainable use of resources, environmental impacts, waste management practices, environmental laws, and environment and quality management.
· Students participate in on-site projects, case studies, and surveys, enhancing their real-world problem-solving skills.
· Year-wise Practical Learning Integration : Every year, students engage in structured practical sessions, workshops, internships, and industry visits.
· Collaboration with Industry Experts : 40+ Guest lectures & Skill based electives, mentorship programs, and live projects with industry professionals are organized.
· Capstone Projects : In the final year, students undertake major projects based on field experience, ensuring a practical culmination of their learning.
· Bizzest: A management fest that included idea pitching, bidding for stalls, and a final "Bizzest Mela" where teams showcased products, combining fun with practical business skills.
· Hackathon : A platform for students to solve real-world business challenges related to recycling, encouraging innovation and practical problem-solving
Evidence of Success:
· The integration of practical exposure has led to higher placement rates and increased industry recognition of graduates, making them more competitive in the job market.
· Students exhibit greater confidence and engagement, as hands-on learning equips them with the skills needed to tackle real-world challenges effectively.
· Additionally, the initiative has strengthened industry-academic partnerships, fostering collaboration on live projects, internships, and research opportunities.
· These linkages bridge the gap between education and industry expectations, ensuring students gain relevant expertise. As a result, graduates emerge as skilled professionals, well-prepared to contribute meaningfully to their respective fields.
Problems Encountered and Resources Required:
· Coordination with industries for sustained student exposure.
· Need for additional resources and faculty training to support field-based learning.
· Logistical challenges in ensuring practical exposure across all disciplines.