Best Practices and Benchmarking-PCM
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Transcript of Best Practices and Benchmarking-PCM
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BEST PRACTICES AND BENCHMARKING- A B-School Perspective
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Best Practice
s
Industry
Interface
Management and
Governance
Student
Selection
Process
Student Outcom
es
Learning and
Physical Infrastruct
ure
ResearchCurricul
mFaculty
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Management and governance
An institute's vision and mission serve as a roadmap, and provide direction to the efforts of the management to achieve its stated objectives
A well-defined vision and mission statements and their effective dissemination are key differentiators of quality for management institutes
The success of an institute's programme hinges on the management's effort to impart quality education, and optimize students' employability.
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Student Selection
Student selection process, especially transparency and rigour in admission and selection, the composition of the student selection panel, and the importance attached to the student's extracurricular achievements.
Student Diversity
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Faculty Stable &
adequately qualified faculty
Experience (teaching and industry)
Transparency and robustness of the faculty selection process
Physical and learning infrastructure Self sufficiency of
the campus information
technology (IT) infrastructure
library (both physical and digital)
Should complement the teaching-learning process
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CURRICULUM STUDENT OUTCOMES
structure and delivery of curriculum
extracurricular activities, competitions, and networking among students
curriculum should address industry requirements
Updation Flexibility to select
electives
employability of students
recruiters' satisfaction
support provided for entrepreneurial initiatives
extracurricular achievements
contribution to the social sector
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INDUSTRY INTERFACE RESEARCH
Cultivate strong associations with industry in several key areas
inputs for curriculum development and review
guest lectures and focused discussions led by industry professionals
Alumni involvement in student selection and faculty development
enhancing the institute's overall knowledge pool
focuses on knowledge creation, which is an important goal of educational institutions
excellence in research strongly boosts an institute's ability to attract funds
foster a culture of research
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XIME a Benchmark for MSRIM
Best Practices Followed at XIME Robust processes and transparent
standards for student selection Focus on academic as well as industry
linkages (domestic and international) enriches student learning experience
Consistent focus on quality improvement: committed towards international quality and accreditation standards
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Curriculum The programme follows a trimester pattern. During
the first three trimesters, the students are exposed only to the core courses, which cover certain basic and functional areas of business. It offers about eighty electives across functional areas
There is greater emphasis on subjects like business ethics, human resource development and organisational behavior. It also offers foundation courses on emotional quotient and leadership dwelling on developing humanistic leadership style
Faculty members use a mix of classroom teaching, presentations, practical learning tools like corporate interactions, case study discussions, field studies, and skill workshops as a teaching methodology
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Industry Interaction The institute conducted 49 open and customized
Management Development Programs (MDPs) in 2011-12
The alumni association is a registered body with seven chapters in India. Some of the alumni have taken commendable initiative towards mobilizing contribution of funds from alumni to their alma mater
Infrastructure self-sufficient with academic block, faculty offices, a
library, computer centers, class rooms, two auditoriums, student and faculty residences, recreational and canteen facilities
The robust physical infrastructure adds significant value to the overall experience at the campus, in addition to acting as a facilitator for academic pursuits
The library has 46000 books and subscribes to a wide variety of corporate databases, journals, newspapers and magazines
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Students-Key Statictics
Student strength
180
Average age 24 years
Average work experience
1.5 years
Percentage of female students
33%
Entrance test XATFaculty
Faculty strength 50
Median teaching experience
11yrs
Median industry experience
4yrs
Retention rate 98%
Student-faculty ratio
11:1
Visiting faculty 40
Student Outcomes
Placements 100%
Median salary Rs.9.5 lakh
Maximum salary Rs.18.0 lakh
Pre-placement offer
28%
No. of student clubs
12
Predominant placement region
Pan India
Key recruiters Cognizant, Infosys, SBI, Deloitte,Religare, Tata Steel, Irevna