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Best Practices

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1. Academic Calendar and semester calendar all 5 View PDF File
2. Question 1.3.1 View PDF File
3. 2018-2019 View PDF File
4. 2019-2020 View PDF File
5. 2020-2021 View PDF File

Student development & Career enhancement programme for MBA programme

Goal:

  • To orient the students to be focused, confident and positively motivate to work effectively in Business Environment and professional career
  • To create skill based learning strategies in addition to the educational base for developing Professional Skills, Employment Skills, Technological Skills and Soft skills among students
  • To build career awareness and specialization knowledge

The Context:

Due to globalization, modernization and technological advancement new careers and opportunities are emerging while the past concepts and ideas are getting abolished at a very high pace. In a professional career at post graduate level an urgent need is felt to address the change and develop students for managing the changing environment effectively. It was found that the students even at post graduate level lack employable skills like communication, professionalism and technology orientation. It is required to channelize the students towards a focused goal by giving them right skills, exposure to business situation and interaction with industry expert on regular basis. At the same time create awareness about their own strengths and weaknesses for further self development. The Institute has carefully developed career enhancement programme and self development programme to boost the self confidence of the students along with right exposure to industry and business for overall grooming.

The Practice

The SDP and CEP programme are conducted simultaneously along with the regular academic sessions for three semesters of MBA course from inception. The programme focuses on personnel and professional growth. Below is the chart and table which give perspective of the entire activity.

Activity Objective Process Outcome
SWOC Analysis 1] Understanding self
2] Enhancing possibilities for better self-improvement 		1] Diagnostic Test after admission
2] Personal Interview 		1] Building objective approach towards self
2] Improving clarity
Mentoring & Counseling 1] Assistance for overcoming weakness and building strength
2] Emotional support for confidence-building
3] Bond with students 		1] Group mentoring by forming closed student groups with faculty mentor
2] Personal counseling by teacher with specific format 		i] Stimulates thinking about potential future employment options
ii] Gives wisdom, advice, and encouragement
iii] Overcome fears and conflicts
iv] Face challenges
v] Career or specialization decision
Specialization Guidance To help in the proper choices of courses Aptitude Inclination Test Aptitude and skills of a student
Add on Courses Courses designed for higher learners
Enrichment activities Improved employability Development of skills Building confidence & positive communication Readiness for various career expectation

Evidence of Success:

The SDP and CEP programme has been conducted for past two years with required modification. The success of the programme is evident from following areas of improvement.

  • Increase in attendance .
  • Increased participation.
  • Enhanced performance in Formative assessment.
  • Lowered conflicts.
  • Creates conducive environment.
  • Built positive attitude and focus.
  • Improves placement record.

These observations are based on the statistical data and also the feedback from stakeholders like industry, faculty and parents through various interactions and feedback from students.

Problems Encountered & Resources Required :

The programme has been modified over a time. There were some problems in the initial phase as follows

  • Time table adjustments. Lack of time.
  • Time slots for individual counseling.
  • No / less control over the background and support from home for such initiatives as the students are doing Post graduation.
  • The moulds of the students are already made hence needs greater time to change the mindset.
  • Adjustment of time with external experts.

Resources Required :

  • Counselor.
  • Mentoring rooms .
  • Expert faculty from industry .
  • Trainers for add on courses.

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Suggestion scheme at IICMR in association with INSAAN [ Indian National Suggestion Schemes‟ Association ]

Goal:

  • To understand the importance of promoting suggestions in any organization
  • To involve and promote suggestion from all stakeholders
  • To collaborate with INSAAN members for understanding strength of Suggestion scheme
  • To understand best practices in industry and apply them in educational Institutes
  • To improve the quality and performance of the Institute
  • To nurture innovation and creativity through suggestions

The Context:

Conflicts are the outcomes of difference of opinion and unlike old school of thought, now conflicts are regarded as „signals of democratic working and open minds „. Adding further to this thought it is essential to consider every dissatisfied stakeholder as an internal advisor and treat him as an asset rather than an interruption. “Need is the mother of invention”. New ideas and innovative concepts will arise out of the desire to resolve problems and issues. The collective efforts to solve the problems through „suggestion scheme‟can be more effective if it is systematically nurtured in any organization. IICMR has been closely working with INSAAN which is an association primarily of large manufacturing industries like TATA Motors, SKF Ltd. since year 2011 and the power of suggestion scheme was experienced by IICMR management.The concept of Suggestion Scheme was introduced at IICMR in the year 2012. It has now become an effective platform for pooling collective wisdom by allowing stakeholders innovative ideas to surface and express. Translating these ideas into practice which brings results in the form of improvements to overall efficiency of the Institute and providing stakeholders, a sense of meaningful contribution in the management processes.

The Practice

Following diagram shows practices followed in introducing Suggestion Scheme at IICMR.

i] IICMR has signed MOU with Indian National Suggestion Schemes’ Association (INSAAN)-Western India Chapter, Pune and IICMR.

ii] Two MBA students of IICMR were selected by INSSAN for Summer Internship Projects to understand the importance of Suggestion Schemes in Engineering Industries.

iii] The outcome of these projects is:

  • Office bearers of INSSAN are able to understand the awareness and promotion of suggestions scheme from shop floor to top floor among INSSAN and Non INSSAN companies
  • The students and coordinator faculty realized the power of suggestion scheme

iv] IICMR started to implement Suggestion Scheme @ IICMR for the Institute‟s stakeholders such as Management, Faculty, Staff and Students.

v] With the expertise of IICMR & INSSAN

  • IICMR is able to create the Roadmap for a suggestion scheme and to create more value through idea generation.
  • INSSAN is able to arrange various events in association with IICMR and Training sessions for industry from IICMR Faculty.

Evidence of Success:

i] Improved ability to tap the creativity of EVERY Stakeholder [ right from class 4 employees] of the Institute and implement ideas generated and give recognition to the suggestor through rewards & recognition.

ii] Enhanced quality of work life through stakeholder‟s participation by giving them an opportunity for self expression and increasing the sense of belonging to the Institute.

iii] Creating awareness about converting a grievance into a suggestion

iv] Received innovative suggestion from all levels of employees many of which are even taken up as small projects by faculty members and students for improving performance of various processes and systems in the Institute some of which includes

  • Developing automatic messenger system
  • Energy efficient working system
  • Water leakage analysis
  • Improved library usage technique

Problems Encountered and Resources Required :

i] The perspective of industry and educational Institute to look at suggestion is different.

ii] The employees look upon suggestion as complaint hence effort required to change mindset.

ii] Employees need immediate effect of the suggestion else get demotivated very fast.

Resources Required :

  • Faculty members, staff & students who could be change agents for implementing suggestion.
  • Open minded top management to accept positive suggestion and implement .

Corporate Mentoring

Objectives of the Practice:

  • To make students aware about the latest happening and trends in the Industry.
  • To update and upgrade the students about changing business dimensions.
  • To bridge the gap of existing academic Concepts learnt and Industry applications
  • To guide and mentor students about do’s and don’ts while entering corporate world

The Context:

Management students are expected to face the corporate world immediately after the completion of post graduation. The students need input and guidance on various aspects of business processes and functions for becoming successful in job. Corporate Mentoring plays a significant role in laying a road map for successful career journey. This provides direction regarding practical application of the concepts learnt and exposure to Industry processes and practices of different Business Functions. Corporate Mentorship give right exposure to students to understand Industry practices and processes. It creates an opportunity to interact with corporate Professionals, giving insight to enhance career interests and establish a professional connect.

The Practice

Introduction:- A meeting was conducted with the corporate experts closely associated with the institute and the concept of mentorship was explained .The concept of Corporate mentorship was appreciated by all the experts .Around 25 experts accepted to guide and mentor the students. The nature, objectives ,Scope of discussion during mentoring was discussed and a concept note was prepared and circulated to all the corporate mentors.

Process:-The Corporate Mentorship Programme allows the students to discuss their career goals, objectives, as well as to interact with Senior Executives from the Corporate arena in their specialized areas. After connecting with the mentors students interact and ask questions in their major field of study and hence it becomes more focus oriented.This also helps the students to learn more about their chosen specialization and helps in deciding the summer Internship project. They get behavioural tips from the mentors and it helps students to improve their employability and improve corporate readiness. The mentees do gain practical guidance from the Senior and experienced professionals.

Methodology:

Sr. No Initiatives Duration Learning's Outcome
1 One to one Interactions Once a month Understanding the qualities to be developed for achieving career goals;
Knowing the inclination of the student and interest area 		Developed for achieving career goals;
Knowing the inclination of the student and interest area;
Student incapacity and career roadmap;
Build confidence
2 Group Interactions in the institute Once a month Getting a roadmap to work in business functions Understand reality and develop communication skills
3 Career Guidance sessions Twice a semester Explore career opportunities in different sectors and functions;
Support in deciding specialization 		Achieving clarity in career guidance sessions involves a process of self-discovery and informed decision-making

Scope of One to one Mentoring:

  • Initiation Stage: Identifying mentors, initiating dialogue, knowing the mentees Cultivation Stage: Understanding requirements, developing initiatives, assigning projects or events, supporting students, reviews
  • Separation Stage: Work with students till final placement, conduct final meetings and close the mentorship programme
  • Redefinition Stage: In exceptional cases do the handholding, review the programme every year to check the overall impact and outcome and make improvements

Evidence of Success

  • The participation of the students in organizing events has increased.
  • The confidence level while interacting with corporates has enhanced.
  • Participation of the students in inter and intra institute competition is increasing. The students got opportunities in Multi National Companies( MNC) for summer Internship.
  • Employability level has significantly increased.

Problems Encountered

  • Time constraint of both mentors and mentee.Explored online and offline help Students coming from rural background need more time to discuss- Removed anxiety and fear with one to one interaction
  • More dependency of mentee on mentor- asked studnets to take a decision and empowered them to realise self power.Gave idea of pros and cons of decision making.
  • Maintaining impartial and unbiased approach- developed rational for outcome.

Resources Required :

  • Corporate Experts .
  • Class rooms for group Discussions
  • Auditorium for Career Guidance sessions

Institution Innovative Council - MBA

Objectives of the Practice:

  • To conduct various innovation and entrepreneurship-related activities prescribed by Central MIC .
  • Identify and reward innovations and share success stories.
  • Organize periodic workshops/ seminars/ interactions with entrepreneurs, investors, professionals and create a mentor pool for student innovators.
  • Network with peers and national entrepreneurship development organizations.
  • Create an Institution’s Innovation portal to highlight innovative projects carried out by institution’s faculty and students.
  • Organize Hackathons, idea competition, mini-challenges etc. with the involvement of industries.

Context:

Our B-School is located amidst the industrial hub of automobile, engineering and IT industry. Auto Cluster Development Research Institute, Engineering Cluster Pune, Supported by Ministry of MSME, Maratha chamber of commerce and industries and agriculture which promote entrepreneurship. Cluster assist to convert idea into successful innovation. We want to take the advantage of these facilities to promote entrepreneurship. IICMR being the premier institute in this area and its core commitment to the society through our Quality Policy. IICMR is also a member of Maratha chamber of commerce and industries. Our fraternity attend the programs organised by them to promote entrepreneurship.

The primary focus for establishing this council is explained as follows:

  • To create a vibrant local innovation ecosystem
  • Start-up supporting Mechanism
  • Prepare institute for Atal Ranking of Institutions on Innovation Achievements Framework
  • Establish Function Ecosystem for Scouting Ideas and Pre-incubation of Ideas
  • Develop better Cognitive Ability for Technology Students.

The Practice:

  • Ideation competition is announced
  • Students present their ideas
  • Panel consists of Faculty, Industry experts and mentors
  • Panel check the viability of the project
  • They check the financial feasibility, technical feasibility and operation feasibility of the project.
  • If the project is not viable, they motivate to revisit and modify the idea
  • If it is feasible, mentor is allocated and they promote to idea
  • Convert an idea into successful innovation

Reward the successful innovation Moreover our institute continuously watches the competition organised by the Savitribai Phule Pune University, MHRD’s innovation cell, Kaggle, Tableau and Git Hub and circulate it to our students. Our students participated in these competitions few got shortlisted for the second round also. We are planning to organise the Industrial Motivation Campaign to promote entrepreneurial skills. We are also in the pipeline for making Memorandum of understanding with the ATAL Incubation centre’s AIC Pinnacle, Pune to convert ideas into successful innovation. Moreover under this we want to also promote MSME to enhance their reach and educate them regarding the Government schemes and facility to promote entrepreneurship.

Evidence of Success:

Our B-School successfully formed the Institutional Innovation cell on 29th October 2018 with the members from the management, faculty members, student, representative from the nearby incubation centre , representative from SIDBI , technical experts from the industry and alumni. Moreover the Institute has constituted the “Start-up and innovation cell” with the representatives from the Management, Students and Industry experts and Mentors. During 2018-19, the target is initiate the functioning of this cell and achieves a target of at least ten enterprises by 2025. We announced the ideation competition held nearly 5 plus students participated. Out of these Mr. Aksash Mulchandi innovative idea of electrical item was selected and Mr.Kapil mentor was allocated. He has converted his idea into a business namely Gurudev Electricals. Another student namely Mr. Pranav Kuri also started digital Marketing services under the guidance of the mentor Mr.Deodatta of Webclincher.

Problems Encountered & Resources Required :

There were few concerns we faced

  • Lack of time, Students are overburdened with their curriculum
  • Need special support from the incubation centre to prepare the business proposal
  • Need special support to check the credit appraisal of the Greenfield projects
  • Need some donors for raising funds for initial contribution
  • Need more specialized mentors We needed resource
  • We are looking for Financial support
  • We are lacking mentors to promote our students
  • We need funds to promote this cell and achieve success not only in our institute and also to promote the struggling MSME in the adjacent areas

Notes :

We were well supported by students, faculty and our partner PMI Pune Deccan India Chapter. Our students wholeheartedly participated in the activities of the institute to promote their entrepreneurial skills. Nearly 30 students have the long term goal to become the entrepreneur.

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Alumni Interaction Club

Objectives of the Practice:

  • To bridge the gap between the Academics and Industry
  • To equip the budding managers for tackling the emerging challenges in the competitive Professional world.
  • The budding managers are given a platform to interact with the alumni to widen their knowledge base and enhance their skills that will help them to enrich their career path.

Context:

Alumni are one of the Pillars of all the educational Institutes. Alumni of our Institute volunteered that they want to share their knowledge as well as experience with the aspiring managers during the Alumni meet. The main motto and the reason behind the establishment is to share the knowledge as well as corporate etiquettes and industry expectations from the aspiring managers. Alumni shared that active participation during the lectures and activity has not only groomed their personality but also help them to excel in their career. They wanted to enlighten the aspiring managers to concentrate more on the academics and understand the concepts better. This will ignite aspiring managers to be more focused towards career from the beginning of the course. Later this suggestion was discussed in the departmental meeting. All the teaching fraternity welcomed this initiative.

Our Institute focused on this pillar and grabbed the Opportunity and formed the Alumni Interaction club. Budding managers of our institute interact with the corporate personnel during the seminar, Business Process Excellence, UDAAN, Corporate Mentoring etc. Few budding managers only are benefited by this activity. Many of the budding managers feel shy to ask their doubts and never open up because of their rural background. The suggestions from the faculty as well as the alumni was synchronised and resulted in the blossoming of the Alumni Interaction Club.

The Practice:

Alumni as per their availability volunteer the day for engaging the session. The alumni were given topics in advance. Alumni share the presentation. The content and intent are verified, the later date is finalised, and they deliver the session. Strict measures are taken that the Topic is not repeated. The topic of the First session was “Corporate Expectations from MBA Students with special reference to Small Finance Bank”. During the session recruitment, process of small Finance Bank and the career growth as well as prospects was discussed. Moreover, he also highlighted the functioning of the Small Finance Bank. Second session was held on the Topic “Mapping your career for success”. Mind map activity engaged by him was creative and aspiring managers could mind map their strength mapping industry expectations.

Aspiring managers understood the importance of value-added certifications. Third session was engaged on the Topic “Journey of an entrepreneur”. He shared the prospects as well as challenges of the entrepreneur. He also commented that he is providing bread and butter to many employees. Thereby he is a responsible citizen of the country. Fourth session topic was “Career prospects in the Insurance Industry”. He shared the career path in the Insurance sector. He shared that the penetration is 35 in India. Lot of untapped potential is there in this sector to reach new heights in the career. Fifth session topic was “Mapping your career for success”. It was a very interesting session. Students got engrossed in the activity. Mr. Abhishek Singh, Mr. TejasGosavi, Mr. MihirKannadkar, Mr. VivekShinde , Sr. Manager, Bharti Axa life Insurance of 2008 batch. Ms. Chani Bhate were alumni who contributed to this activity.

Evidence of Success

Student Attendance has increased. Aspiring managers actively participate during the lecture as well as during all the activities organized by our institute. Aspiring managers are thoroughly aware of the emerging trends as well as practices adopted by the business organization. Appreciation and acknowledgement certificate during VSIP. As a result of this best practice our students faced the interviews confidently and fared well and got accolades.

Problems Encountered & Resources Required :

Alumni give their appointments due to official engagements their sessions are postponed. But they make it point that they will come and interact with the students as per their availability in near future.

Notes – Methodology – Outcome. Feedback, Conclusion. Suggestions :

Online linked groups should be created. We were well supported by Alumni and our students who wholeheartedly managed this activity. Our alumni act as a ‘carriers of change’ and create a positive image in the society, which helps in running the movement successfully. Their enthusiasm and vigour of our alumni were key to success. Their bonding with their “Alma mater”.

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INZ-WIZ

Objectives of the Practice:

Provide practical application of domain knowledge through Industry experts.

Context:

Theoretical knowledge is not supporting the students to face interview during final placement. Industry exposure is given by inviting experts for discussing practical aspects.

The Practice:

INZ-WIZ connect, correlate academics & Industry experts giving conceptual clarity.Course sessions are arranged at the end of every Unit to provide practical insight, exposure.

Evidence of Success

The student’s insight about latest trends, challenges of the Industry, helped to face the corporate world with confidence.

Problems Encountered & Resources Required

  • Availability of Industry Experts
  • Time constraint due to short semester.

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Student Engagement through LIVE Research Project

Objectives of the Practice:

  • Creating awareness of preserving nature and reducing water pollution.
  • Reduction in water pollution.
  • Avoiding hazardous colour and ingredients in Ganesh idols.

Context:

MBA@IICMR seeks grant to create awareness among all the Ganesh worshipers about biodiversity and sustainability with the objectives of creating awareness during festival celebration, reduction in water pollution, and spreading the use of Gomay – Ganesh idols in Ganesh festival, avoiding hazardous colour and ingredients in Ganesh idols.

The Practice:

At IICMR campus, the MBA department initiated an eco-friendly project titled "Gomay Ganesh," which aimed to blend cultural traditions with sustainable practices. This initiative focused on creating Ganesh idols using natural materials, specifically cow dung (gomay), which are environmentally benign and contribute to ecological balance.

Evidence of Success

The immersion of POP idols leads to river pollution. This societal need was addressed through promotion of using eco friendly Gomay Ganesh Survey, awareness campaign, exhibitions were organised for creating awareness and promoting the use of Eco friendly Gomay Ganesh idol that supports in preserving water bodies. Reach out to 500 people and sold more than 50 idols resulted in preserving the water bodies. Convincing to buy small eco-friendly idols and facing the emotions and sentiments attached in the people mind. Technology support, raw material, space for displaying the stalls, funding for conducting awareness campaigns.

Problems Encountered & Resources Required

Initial resistance from some community members and students accustomed to traditional PoP idols; logistical challenges in sourcing high-quality cow dung (gomay); difficulties in mastering the new crafting techniques; balancing project commitments with academic responsibilities; weather-dependent drying process causing delays. Resources Required: faculty coordinators and student volunteers were needed to manage and execute the project. Financial resources were necessary to cover the costs of materials, training sessions, and promotional activities.

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Unleashing the Mental-Health and Well-being for Elevating-Performance

Objectives of the Practice:

  • Enhance student’s mental health and well-being
  • Support holistic-development through comprehensive-initiatives.
  • Foster emotional-resilience, self-awareness, and spiritual-fulfillment among students

Context:

In the contemporary professional environment, there is a demand for experienced, adaptable individuals proficient in task-coordination, productivity-enhancement, and cultivating a cohesive-culture. Their expertise, finesse, and stress-management-skills contribute to organizational growth

The Practice:

Mentoring-sessions and corporate-mentoring groom the aspiring-managers to navigate challenges and cultivate a positive-mindset. "Know-Yourselves" facilitate introspection and self-discovery, empowering students to prioritize their mental health needs. "Be-the-Change" foster the sense of purpose and fulfillment. Spiritual tours to esteemed institutions provide students with opportunities for reflection and inner peace and happiness

Evidence of Success

In a seamlessly unified environment, the dynamic synergy and effective teamwork among team members have propelled extraordinary progress, affirming the practice's innovative efficacy. This success underscores its appeal in achieving organizational targets, benchmarks, and fostering sustained growth.

Problems Encountered & Resources Required

Coordinating refreshments and navigating traffic posed additional challenges for faculty coordinators during the transportation process on weekend Sundays, adding complexity to their responsibilities.

Resources Required: Registration Fees for the participants, Buses for the to and from commutation.

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