BEST Practices

Best Practice No 1

 

Title: Oratory club


Introduction: With the objective of improving the communication skills and to develop the art of public speaking in a formal and eloquent manner, PCMRD has established Oratory Club in the year 2014-15. Under this the students are motivated to research, and come out with different dimensions to a particular topic. Post this, interactive sessions are conducted resulting in improvement in their presentation, confidence and vocabulary. The main focus is to help them to overcome their inhibitions and to convey their ideas in front of a people in a structured and clear way. These activities are conducted throughout the year in all the semesters.


Objective:

  • To improve the communication skills of the students

  • To develop the art of public speaking in a formal and eloquent manner

  • To boost confidence, critical thinking and improve overall personality

  • To develop the vocabulary and fluency in speech

  • To be a good listener

  • To open up the opportunities of career advancement

  • To explore new perspectives which are not covered otherwise

  • To make students active and autonomous learners

  • To improve class interaction and participation

  • To advance the research aptitude of the students

 

Context:
The art of public speaking holds many practical benefits that go far beyond delivering a project presentation or holding a successful meeting. During the MBA admission process, it is observed that the students are from various backgrounds, where confidence and communication is a big challenge. This gave us the idea to start an oratory club to develop the language skills of students and make them fit for the industry. Students are required to give presentations as per the curriculum requirement. They can only speak well if they are good readers. Reading books improves the vocabulary, and hence we make sure that the students read good books, especially inspirational ones or the ones that convey ideas about leadership.


Practice:
Activities under the club include:

 

  • Movie review

  • Book Review

  • Collage Presentations

  • Case study competition

  • Debate competition

  • Group Discussion

  • Declamation Contest

  • Budget Analysis

  • Presentation


Movie Review – Movie review presentations are given by the students to enhance their thinking ability and creativity of the students. Groups of students are formed and a presentation and report on management related concept on a movie of their choice is submitted. Example-In pursuit of happiness, Invictus, Chak De, Dangal.


Book Review – PCMRD conducts Book Review every year. The objective is to get a literary criticism in which a book is analyzed in terms of content, style and merit. It is a summary of whole book’s material. The books reviewed by students are specifically related to management concepts.


Collage: It is a collection of magazine and newspaper cuttings, bits of colored or handmade papers,portions of other artwork or texts, photographs and other found objects, glued to a piece of paper or canvas. This activity brings out their creativity and then present their ideas and thoughts. Some of the topics till date were Dreams, Swachh Bharat Abhiyan, plastic free campus etc.


Case Study: Participants strive to develop the best solution to a business or education-related case study within an allocated time frame, typically with teams of two individuals. Teams deliver presentations to judges and the audience wish is followed by question-answer session.


Debate: A process that involves formal discussion on the given topic. In debate, opposing arguments are put forward to argue for opposing viewpoints. Logical consistency, factual accuracy and some degree of emotional appeal to the audience are elements in debating. The following topics were discussed so far.

  • Internet Exposure to Children    

  • Has Demonetization served any purpose

  • Does buying Chinese products make you less patriotic

Group Discussion: A group discussion refers to a communicative situation that allows its participants to share their views and opinions with other participants. It is a systematic exchange of information, views and opinions about a topic, problem, issue or situation among the members of a group who share some common objectives.


Budget Analysis: A live-screening of the Union Budget is arranged every year for the students of MBA. Special technical arrangements are made to enable the live broadcast of the Union Budget in the Seminar Hall of the institute. The event is extremely well-received every year. This is followed by presentation on analysis of the budget by the students.


Apart from the above activities, an attempt is also made to involve the students in introducing the guest speakers and also proposing the vote of thanks in all the events organized by the institute.
 

Evidence of success:

  • The efforts of oratory club activities have borne fruits. This is evident from the placement graph. It has risen from 29% in the year 2014-15 to 89% in the year 2017-18. They have become more confident in presenting themselves during the interview.

  • The activities under the club got a significant rise from the year 2015-16, as the benefits of public speaking started helping the students.

  • The students are noticed making a sincere attempt of communicating in English language during their lectures.

  • Their attendance and participation itself is the evidence of success for the activities conducted under the Oratory club.


Learning outcome:
The students have learned to develop their vocabulary and general speech fluency. They have overcome the fear of spontaneous speaking challenges. The students are found graciously accepting the given opportunity to speak. An effort is being made by them to put themselves forward and increase their social network. The students have also developed upon their reading, writing and listening skills eventually.

 

Problems encountered:
It is difficult for the institute to make the students aware about the importance of good communication as it is the basic skill of management. Maintaining the interest of students in such activities is also a challenge faced by the institute.

 

Conclusion: The objective of improving communication skills and to develop the art of public speaking has been achieved by PCMRD’s Oratory Club. There is an improvement in their presentation skills, confidence and vocabulary. They are motivated enough to think on their feet and proactive in all the activities conducted under this club.

Best Practice No 2

Title: Industry Institute Interface


Introduction:
With the advent of globalization and opening up of Indian economy to outside world, competition among industries has become stiff. There is a need to prepare management students for jobs in multinational companies, by exposing them to newer technologies and management methodologies. These objectives can only be achieved well by bridging the gap between industry and the academic institutions.
 

Context:
Better interaction between management institutions and industry is the need of the hour. There is a need to create avenues for a close academia and industry interaction through all the phases of management development. To produce proficient graduates ready for the industry, it is necessary to know the requirements of the industries through industry-institute interface. Keeping this in mind we at PCMRD focus on Industrial Visits and Guest lectures. It is one such platform that brings together the Industry Executives, Academic Leaders and students under one roof. To build good rapport between the industry and the institute, we have Memorandum of Understanding (MoU) with some of the companies and tried to bring both the sides strategically closer. Hosting an industry visit provides the opportunity to demonstrate the breadth of jobs and careers available within the organization.

 

Objective:

  • To provide internships for students in industries, which will prepare the students better for entering the industry

  • To enable the appointment of experienced industry resource persons as visiting faculty in the College

  • To bring about MOU’S and Agreements with various industrial and research organizations in different fields and sectors to promote various forms of interactions.

  • Better understanding of industry needs and operations.

  • Better placements for students.

  • To explore Alumni database for internships & final placements.

Practice:
Planned Activities under Industry-Institute Interaction:

 

  • Opportunities for summer internships and field projects

  • Visiting faculty from industry

  • Participation of industrial experts in curriculum design

  • Industrial visits

  • Resource Persons for Guest Lectures

  • To develop joint research programs

  • Industry experts to deliver lectures on subjects of mutual interest

  • Guidance of industry experts for MBA projects and dissertations

  • To assist the Training and Placement Division

  • Joint research publication

 

Opportunities for summer internships and field projects:

Training is an integral part of any education Programme. In order to make use of good talents from the academic institutes, students of MBA need to undertake a project work in their area of specialization which is also useful to the organization. Many companies approach us for project proposals. In case the performance of a student is exemplary, then he/she is offered a pre-placement offer (PPO).


Visiting faculty from industry:

Our visiting faculty are domain specialized and from diverse fields to supplement regular teaching. These professionals from industry and academics bring to the table wealth of world class, hands on experience and their respective sector expertise. The emphasis is on ‘learning from the best, to be the best’.
 

Resource Persons for Guest Lectures:

PCMRD is blessed with experts from the world of industry and business who spare their valuable time to impart knowledge and guidance to our postgraduate students on an ongoing basis. These are our external gurus who visit PCMRD for the sheer joy of being a part of the intellectual growth process.
 

Industrial visits:
To bridge the gap between academics and industry PCMRD arranges industrial visits wherein the students visit companies and get insight of the internal working environment of the company. They sensitize students to the practical challenges that organizations face in the business world. Industrial visits also give greater clarity about various management concepts to the students. Around four visits per semester are conducted every year by PCMRD.


Research Projects of mutual interest:

PCMRD also conducts research projects for industry with the help of students and staff. One of the research project conducted by PCMRD for Sai Samarth Properties was “Consumer Perception about residential Apartments around Hinjewadi IT Park.”
 

To assist the Training and Placement Division:

The placement and the Entrepreneurship Development cell clubbed with our alumni network, works in coordination with the students’ committees giving them direction to acquire the skills necessary to get them placed in the industry. This cell builds the relationship with the industry by organizing workshops, panel discussions and seminars that enhance the overall knowledge base of the students.

Joint Research Publication:

PMR (Pravara Management Review) is a bi-annual Journal registered with (International Standard Serial Number) ISSN, listed in Cabell’s International Directory and Indexed in Indian Citation Index. We invite practicing managers to submit data-based case studies and research papers for publication.

Evidence of success:
The Memorandum of Understanding (MoU) with various companies and the industrial visits conducted so far gives us a clear picture about the success of PCMRD’s Industry Institute Interface. To summarize their learning experience from the visits, students give a presentation. The various facets that cover during this presentation include – Product Mix, Marketing Strategy, Financial aspects, etc. This helps the students to improve their communication and presentation skills.

 

Resources Required:
The placement cell plays an important role here. Most of the resources are acquired by the placement cell. We have a strong alumni network. They help us in organizing guest lectures, industrial visits and also summer internships.

 

Problems encountered:
Industrial visits have to be planned according to the dates given by the companies. This makes a slight delay in the planned activities. The count of students to visit a company is comparatively less, where as our students interested in participating are more. The timing of the visit is crucial and should be carefully considered, as visits are most beneficial when students have recently encountered in the classroom the learning that they will be seeing in action.

 

Conclusion:
Healthy interaction between Institutions and Industry is mandatory for growth of any institution. Our budding managers need the exposure to Industry and understand the Corporate Culture for their Placements in different Companies. Industries also need good students who are well aware of industry standards and are capable of achieving them. Therefore, there is an urgent need of interaction between industry and academics.

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