Nlinutes of the IQAC meeting held at PTVA'S Institute of Management on Saturday,June 10, 2017 at 4:30 pm

ADnexure: List of Attendees

. Dr. Harish Krmar S. Purohit welcomed the members of IQAC.

. The minutes of re IQAC meeting held on March 16, 2017 as electonically circulatedto the members werc conhnred.

. Action plan as decided in the meeting held on March 16, 2017 was discussed point by

Point.r Benchmarking against the best B-schools along with gap analysis was presented in

detail by Mrs. Sucheta Pawar that was prepared by her and Mrs. Trupti Gupte. The

gap analysis covered 5 impofiant areas, i.e. Placements, Industry Intemction, Faculty

Developmeot, Research and Entrepreneurial Activities.. Mr. Mohan Tanksale shared the good feedback about our student, Mr. Rishabh

Kulkarni who is currently working as a summer intem with BP Wealth and said that

the organization will appreciate if we can allow Mr. fushabh to continue his

internship for one more month.

. He also said that sirty days may be a short pe od for an organization to give any

meaningful rvork to the intens and hence, we need to find out if we can extend the

period of internship.. Mr. Utpal Samanf replied that if we get such a rcquest by the concemed organization,

we take a leoicnt view and allow the studelts to continuc their intemship with a

permission from Dr. Purohit and a wdtten assumnce by the concerned studcnts to

complete their assignments and other course related work oII tin]e.

. Dr. Kavita Laghate explained that the new syllabus of the University of Munbaiallows sufficient time to students to undergo internship in MMS Semester IV.

. Mrs. Suchota Pawar presented thc proposed FDP on "How to write a rcsearch paper"

that would be organized in the month ofAugust 2017 and said that among many other

objectives, it wjll facilitate better intemction with faculty membem from other

institutes.. Dr. Kavita Laghate suggested that we can thbk of approaching ICSSR, UCC and

NSE regarding minor research projects for our Institute. Dr. Snehalata Deshmukh expressed her opinion that we cannot get UGC projects as

we still don't have NAAC accreditation.. Dr. Snehalata Deshmukh enquired about the steps we are taking to improve tl'le

English communication of our students.

. tr4rs. Sucheta Pawar infomred that Ms. Ridhima Mahabal from M L. Dahanukar

Coliege is identified as a resource to teach and improve English cornmunication ofoul studcnts and she will bl] starting her sessions onca the Institutc reopgl1s in July

2011.. Dr. Snehalata Deshmukh clarilied that we conduct some kind of perfomance

appraisal of our staff wher this area was identified as a gap by lr4rs. Sucheta Pawar'

The feedback that we collect ftom our students is a part of perfomance appraisal

. CA Anil Ganu amd Dr. Snehalata Deshmulh rcquested Dr. Pwohit to personally

speak to each faculry member about their feedback, once it is received and collated.

/'t,DireciorPTVA's lnstitute of ManagementChitrakar Ketkar Marg,Behind [,1. L. Dahan!kar College,Vile Pane (E), N4!rl]bai' 400 057'

Dr. Snehalata Deshmukh also suggested that we should start the systen of peer

appraisal.

Da. Snehalata Deshmukh also suggested that we need to have a competent statistician

to handle the huge data that we will be collecting through research activities.The ownership and responsibility of Srmmer Internship Projects was given to Mrs.

Sucheta Pawar as a Faculty In-charge ofSIP.CA Anil Ganu suggested tiat we should focus on soft skill development of our

students and his point was further emphasized by Mr. Mohan Tanksale by saying that

$ e should focus more on Croup Discn'sions.

Dr. Snehalata Deshmulh said that the mentoring by core faculty menbers should be

restafied in the Institute and these mentors should work with extemal mentors that we

have identified at the time of Interview Clinic to enhance the employabilify skills ofour students.

Dr. Kavita Laghate suggested that we can encourage our students to undergo couseslike COIIRSERA to improve dreir employability.

lr{r. Mohan Tanlsale and Dr. Snehalata Deshmukh appreciated the work done by Mrs.

Sucheta Pawar regarding Gap Analysis.

Dr. Snehalata Desbmukh asked Mrs. Srcheta Pawar about the timeline for the

incubation cenhe.

It was decided that Mrs. Sucheta Pawar will share her ideas about incubation centre

within I month from this meeting and let the members knorv how long it may take to

implement the concept. She rvas ofthe opinion that it may take I year.

CA Anil Ganu asked if these are the only best practices for benchmarking- Mrs.

Sucheta Pawar replied that wo had limitations while doing the gap analysis and we

need good netlvorking to find out various other practices that we can adopt.

Mr. Mohan Tanksale suggested that we can organize a collaborative competition to

edlance the networking efforts and requested Mrs. Sucheta Pawar to take the

initiative.Tt was decided that CA Ajit Joshi will be visiting various organizations to discuss the

possibilities of joining hands with them regarding research projects on lariousindustA relevant topics.

Mr. Mohar Tanksale suggested that we should find out the availability of Dr' AjitRanade for the first meeting of Prism Square as his inputs will be quite valuable for

the good quality research work.

Mr. Mohan Tanksale suggested that we should identif the areas we wish to coler inPrism Square which will make contacting industry resources relatively easy for their

conft ibution to our joumal.

The members unanimously agreed that the number of books that we issue to ou.students in the library is satisfactory.

It was decided that subscription of CMIE is an administrative decision and should be

handled at the Institute level.

Dr. Hzlrish Kunar Purohit explained that currently we arc subscribing to Capitaline

which is an industry oriented database and is cost effective in comparison with CMIE.

Mr. Jigar Patcl presented the HR calibration test developed by him and Dr. Tejashrce

Deshmukh.

A^D--'rt,,"{r.iPTVA's lnstliute of lvlanagementChiirakar Ketkar Marg,

ehind ,{. L. Dahan!kar College'Vlle Parle (E), Mumbai '400 057

. Though Mr. Utpal Sanant expressed his view that he does not wish to develop any

filtering mechanism for the students opting for marketing specialization, he was

advised to develop one by Dr. Kavita Laghale to understand where orrr students stand.

. CA Ajit Joshi said that he has identitied following 5 areas for filtering students opting

for Finance specialization:I. StatisticslL CostirgIII. Financial ManagementIV. CoDmercial LawV. English

It was decided that the odentation of parents rcgarding specialization of theh stud€nts

rvill be organized in the third week of November 2017 and following faculty members

will be responsible for their rcspective areas of specialization:. Finance; CA Ajit Joshi. Markefing: Mr. UFal Samant. HR: Dr. Tejashree Deshmukh & Mr. Jigar Patel

Tt rvas decided that the interaction ofour current students with the alumni should be more

of informal nature.

Dr. Snehalata Deshnukh advised Dr. Harish Kumar Purohit not to tnak€ frequent changes

in the placement team.

It was decided that Mr. Jigar Patel will be sonsitizing our students about openilg digital

lockers. However, pushing their marks into the lockers by the Institute is not possible

Dr. Snehalata Dcshmukh requested Dr. Kavita Laghate to find out if Udversity ofMumbai can allow us to push the marks of our students to their respeotive lockers

directly.

When Mr. Utpal Samant app sed the meeting about the placements being low, despite

good companies coming to our campus, it was noticed that onc ofthe issues that we need

to address is the indiscipline ofthe students.

. Dr. Kavita Laghate apprised the nembers about va ous measures taken at JBIMS

regarding students' discipline, especially in the placement area.

. Dr. Snehalata Deshmukh told the meeting that every faculry member must cnsure that the

discipline is being followed by the students and the Dircctor and Dean should support

such measures taken by the ibculty members after a discltssion with the colcerned faculty

member, whenever deemed appropriate and necessary.

. CA Anil Ganu and Mr. Mohan Tanksale suggested that Placement team should do the

backward analysis and orvn the responsibility for the past actions.

It was suggested that Mr. Utpal Samant should neet Dr. Kavita Laghate to understand the

Placement procedures of JBIMS.

Dr. Snehalata Deshmukh urged all faculty members to assist Placement cell.

It was decided that Mr. Utpal Samant will work on the MTHR database provided by Mrs

Trupti Gupte by September 2017.

Mr. Mohan Tantsale spoke to Union Bank of lndia Executive about our Net-banking

litemcy workshop proposal and suggested to Mrs. Sucheta Pawar to rephrase the proposal

sent to Union Bant to make it more specific.

/,1Directoi

-5 PTVA s lrstilute of Managemelt-''1iJ, Chllrahar Kelka r lvlarg,-- Behind M. L Dahanukar colleg€,

Vile Patle (E), [4umbai- 400 057.

. It was decided that a resource for NeFbanking workshop will be arranged by Mr. Mohan

Tantsale.. lt was decided to request Union Bant oflndia to share the names oftheir female accou[t

holders who do not use net-banking.. Mr. Mohan Tanksale suggested that Mrs. Sucheta Pawar should take the guidance from

Dr. Chann Singh regarding setting up our incrbation cenhe.

. Dr. Snehalata Deshmukh added that Univercity of Mumbai and UGC have their

guidelincs regarding the incubation centre and those should been taken into consideration

while setting such centre at our Institute.

. CA Susbrut Chitale appreciated the presentation givell by Mrs. Sucheta Pawar regarding

Business Plan competition and suggested that we need a stong team to take it forward

r CA Anil canu opined that the proposed business plan compctition should be limitedcurrently only to the present students ofPTVA and should not be thrown open for alumni

at this juncture.. CA Sushrut Cbitlae suggested that we should invite oul current employers as panellists

for business plan competition.. Mr. Jigar Patel presented the work done by Examination team in the last quarter and it

was appreciated by the members.

. Dr. Snehalata Deshmukh directed the NAAC team to report the progress of their work to

her every Saturday.

Actionable Plans:

L FDP on "How to write a research paper" to be organized in the month of August

201'7.

2. To apprcach ICSSR, UGC and NSE regarding minor research projects for ourTnstihrte.

3. To incorporate the session on "English Communication" in the timetable of MMSfrom this academic year.

4. To initiate a system of Peer Feedback for faculty members.

5. Dr. Purohit to personally discuss the feedback of the faculty members with them.

6. To appoint a statistician to handle the large data that we will be collecting through our

research activities.7. Mrs. Sucheta Pawor to be given the responsibiliry of Faculty In-charge of Sumner

Internship Projccts.

8. To focus on soft ski1l development ofour students.

9. To restaft the system of mentoring of the students by core faculty members who in

tum will work with the industty experts identified at the time of Ilterview Clinic as

the external mentors ofour students, for improving their employability.

10. To encourage our students to undergo courses like COURSERA to improve their

employability.11. Mrs. Sucheta Pawar to share her ideas about incubation centre within 1 month from

this neeting and let the menbers know irow long it may take to implement dle

concept which may take 1 year.

12. To organize a collaborative competition to enhance the letworking efforts. Mrs.

Sucheta Pauar ro Iake Ihis rnitidti\e.

DiteclorFTVA s lnstitute of Management'

-5 Chitralar K etkat Ma19

\-}-' Beh;ro M. L. Dah3nular co rege' i r" e",r" tfr Vuabar 'r'co 057

13.CA Ajit Joshi to visit various organizations to discuss the possibilities of joining

hands with them regarding research projects on variom industry relevant topics-

1,1. To find out the availability ofDr. Ajit Ranade for the first meeting ofPrism Square as

his inputs will be quite valuable for the good qualily research work15. To identiry the areas we wish to cover in Prism Square which will make contacting

industry resources relatively easy for thei cont bution to ourjournal.

16. Aptitude calibration to be administered to the students at the end of Semester T'

17. The orientation of parents regarding specializatio[ oftheL students to be organized in

the third week ofNovember 2017.

18. The interactio[ ofour curent students with the alumni to be organized in an informal

manner.

19. To sensitize our students about opening digital lockers.

20. Not to lnake frequent changes in the Placement team

21. To finrl out ifUniversity ofMumbai can allow us to push the marks ofour students to

th€ir respective lockers directly.22. Every laculty member to ensure that the discipline is being follorved by the students

and the Djrcctor and Dean to support such measues t:lken by the faculty members'

23. Mr. Utpal Samant to meet Dr. Kavita Laghate to understand the Placement procedures

of JBIMS.24. Mr. Utpal Samant to work on the MTHR database provided by Mrs Trupti Gupte by

September 2017.

25. Mrs. Sucheta Pawar to rephrase the proposal sent to Union Bank to make it rnore

specific.

26. To request Union Bad< of India to share the names of their female account holders

who do not trse net-banting.27. Mrs. Sucheta Pawar to take the guidance from Dr. Charan Singh rcgarding setting up

our incubation centre.

28. The guidelines regarding the incubation cenhe of University of Mrmbai and IIGC to

be taken into consideration while setting such centre at our Institute'

29. To invite our cuffent employerc as panellists for business plan competition'

30. N.dA.C team to repofi the progress of their work to Dr' Snehalata Deshmukh every

Saturday.

/tvBi.luv"io, J rnsItute or Management

Sillliii.i *,i'5'""TiJi;''^"'"'"

'./iLe Pa lr (E) 1"4!moai 4uu uJ'

Actionable Plans discussed in the IQAC meetingheld on June 10, 2017 and their Ownership & Timeline

as decided on July 15,2017Sr. No. Actionable Plan Ownership Timeline

FDP on "How to wdte a

research paper" to be

organized in the nonth ofAugust 2017.

Mr. Abhishek DeoL-ule Session forCorc FacultyMembers inAugust 2017 &FDP inSeDtcmber end.

?. To approach ICSSR, UGCand NSE regarding minorresearch projects for ourTnstitute.

Mrs. Sucheta Pawar End September201'1

3 To incorporate the session on"English Communication" inthe timetable of MMS fromthis academic year.

Dr. Tejashree Deshmukh I)one

4 To initiate a system of PeelFeedback for facultymembers.

Dr. Harish KumarPurohit

II1 the nextacademic year

5 Dr. Purohit to personallydiscuss the leedback with the

faculty members.

Dr. Harish KumarPurohit

Done

6 To appoint a statisticianhandle the large data thatwill be collecting throughresearch activities.

tn

our

Dr. Harish KlrmarPurohit/Dr. TejashreeDeshmukh

Done, Mrs.Shalilni Kakkar& Mr.AbhishekDeokule tohandle the data.

,7 Mrs. Sucheta Pawar to be

given the responsibility ofFaculty In-charge of SummerInternship Projects.

Done

8 To focus on soft skilldevelopment of ou[ students.

Mr. Utpal Samant, Mr.Jigar Palel & M$. ManaliPatil

ongoingprocessbegiming from-Iulv 2017

9 To restart the systemmentoring of the students

core faculty members whoturn will work witl'tindushy experts identified

ofbyin

theat

Dr. Tejashree Deshmukh End August20 t'7

DireCtor "PTVA'S lnr

-z:) Ch lrakat KBehind fi,4. L

Vile Parte (l

titu te of l\,,lana geme nt)lkar N4arg,. Dahanukar College,:), Mumbai - 400 057.

the tirne oflnterview Clinic as

the extemal mentors of ourstudents, for irrproving theiremployabilily.

l0 To encourage our stlrdents toundcrgo counes iikeCOURSERA to improve theiremployability.

Mr. Utpal Samant^4r.Jigar Patel/Mls. ManaliPatil

Ongoingactivity

1t To share the ideas aboutincubation centre within Imonth from this meeting andlet the mornbers know howlong it may take to inplementthe concept.

Mrs- Sucheta Parvar September 2017(forimplementationof the concept)

12 To organize a collaborativecompetition with otherinstitutes to enhance thenetworkinrl efforts.

Mrs. S[cheta Pawar 2" week ofSeptember 2017

13 To visit va ous organizationsto discuss the possibilities ofjoining hands with themregardjng research piojects onvarious industry relevanttopics.

CA Ajit Joshi September 2017

14 To find out the availability ofDr. Ajit Ranade for the firstmeeting of Prism Square as

his inputs will be quite

valuable for the good qualifyresearch work.

Mrs. Stcheta Pawar August 2017

15 To identify the areas we wishto cover in Prism Squarewhich lvill make contactingindustry resources relativelyeasy for their contribution toour joumal.

Mrs. Sucheta Pawar August 2017

16 Aptitude oalibration to be

administered to the students atthe end of Semester L

Dr. TejashreeDeshmukh./Mr. JigarPateYCA Ajit JoshiMr.UtDal Samant

November 20l7

l7 The orientation of pallents

regarding specialization ofthefu students to be organizedin the third week of

Organizing In-charge -Mrs. Ashvini Ghate,Facilitators - Dr.Tejashree Deshmukh,Mr.

November 2017

K,*S\<\ sr /BraryDireclor-PTVA's lnstiiute cChitrakar Keikar MrBe hind [,1. L. DaharVile Parle (E), Mum

,6L of lvlanagementlarg,nukar college,nba i - 400 057.

November 2017. Jigar PateVCA AjitJoshi,A4r. IItoal Samant

18 The interaction of our currentstudents $'ith the alLrmni to be

organized in an informal

Mr. Utpal Samant/Mr.Jigar Patel/Mrs. ManaliPatil

August 2017

t9 To sensitize our sfudentsabout opening digital lockers.

Mr. Jigar Patel July/August2017 for SemIV & October2017 Sem II

20 To find out if University ofMumbai can allow us to push

the marks of our students totheir respectlve lockersdirectly.

Dr. Kavita Laghate (Dr.Tejashree Deshmukh tospeak to Dr. Laghate)

Done

2l To meet Dr. Kavita Laghateto understand the Placementprocedures of JBIMS.

Mr. Utpal Samant Mid-August2017

22 To rvork on the MTHRdatabase provided by Mrs.Tmpti Cupte by September201.',7.

Mr. Utpal Samant Sepfember 2017

23 To repluase the proposal sent

to Union Bark to make itmore specific.

Mrs. Trupti Gupte Done

24 To request Union Bank ofIndia to share the names ofthefu female account holderswho do not use neFbanking.

Mrs. Trupti Gupte September 2017

25 To take the guidance from Dr.Charan Singh regardingsetting up our incubation

Mrs. Sucheta Pawar August 2017

26 The guidelines regardilg the

incubation centre ofUniversity of Mumbai and

UGC to be taken intoconsideration while settingsuch cenffe at our Institute.

Mrs- Sucheta Parvar I)one

27 To invite our curentemployers as panellists forbusiness plan competition.

Mts Sucheta Pawar October 2017

Oieclot /,PTVA'8 lnstitute of ManagementChitrakar Kelkar [,4arq,Behind IV. L. DahanLrkar college,Vlle Parle (E), Mumbai '400 057

28 NAAC team to report theprogress of theh work to Dr.Snehalata Deshmukh everySaturday.

Dr. TejasheeDeshmukh,4r4rs. TruptiGupteA4r. Utpal Samant

Ongoingprocess

OireclorPTVA s lnstitute of [,lanagemenlChlkakar Ketkar Marg,Behind M. L. Oahanukar College,Vile Parle (E), [,4umbai - 400 057.