Best Practices
Best Practice – 1
Academic Audit
Internal Academic Audit is an important element in the Institute’s strategy for assuring the quality of learning provided to students and the standards of programmes. It is an explicit provision of Institute’s quality assurance strategy that the Institute and its departments take responsibility for assuring quality of their teaching, research and service.
The Institute’s Academic audit is conducted based on structured procedures of defining, verifying, measuring and confirming the performance of academic practices and procedures against planned/standard procedures. At NLDIMSR the academic audit a Process of Continuous Quality Improvement in Teaching & Learning Leading to Student Success.
The areas included in the academic audit are: Teaching, syllabi, admissions, research, examinations, results, academic decisions and implementation, academic administration, facilities for students, teaching and research infrastructure, institute’s physical infrastructure, Value added and certification courses, benchmarking of best practices etc.
At NLDIMSR, the academic audit process addresses how faculty members and departments/programs approach educational decision-making and how they organize their work, use the resources available to them and work collegially to provide a quality education in the best interests of the discipline and student learning.
Academic Audit process includes:
• Defining Objectives and Focus Areas of Academic Audit (Managing
review Meeting Format)
• Defining intended learning outcomes
• Designing programme curricula
• Designing teaching and learning practices
• Developing and implementing student assessment methods
Academic audit process has certainly increased the goodwill of the Institution, students
confidence, faculty members’ up-gradation, helpful in ranking of institution, satisfaction of
stakeholders, etc.
At NLDIMSR, the academic audit is conducted:
• Under the framework of ISO 9001:2015 (Internal and external Audit).
• Managing Review meetings on a quarterly basis.
The Institute has a team of trained internal auditors for ISO 9001:2015 standard. The
Internal Audit is conducted at the end of each semester. The external audit is conducted
by the ISO- SGS auditors on a yearly basis.
Best Practice – 2
Value added programs
Value Added Programs and non-credit courses: Along with courses, value added programs and non-credit courses are offered to students to enhance their technical skills. Bloomberg Certification, Advanced excel, Data Analytics, Simulation, Basics of Derivatives and Fixed Income Securities, are some of the value added programs given to participating students.
NLDIMSR encourages its students to undergo certification programmes offered by the Institute through different online and offline platforms. It helps students to enhance practical knowledge and professional skills.
NLDIMSR also provide experiential learning to its students through a value added program called Business Simulations. Simulations attempt to replicate real life situations, and are more engaging and therefore make retention of learning more meaningful. At NLDIMSR, a few courses use this approach as an initiative to impart teaching and learning. Feedback is provided almost instantly. Students can work in teams, and can also compete with each other.
Being a virtual platform, there is no risk of any loss. The tool can be used as often as we desire, and in the long run has significant savings of time and money. Simulations are available across all major domains, such as Strategy, Finance, HR, Operations and Marketing etc. In Strategic Management CAPSTONE simulation is used to give the students first hand flavor of running a company with covering entire gamut of business domains such as Strategy, Finance, HR, Operations and Marketing etc. To briefly explain the benefits,
CAPSTONE is a Strategy simulation software, a risk-free platform, where students apply their acquired knowledge to test theories and make decisions. It provides the students a way to apply under real market conditions, the theory they learned during their lessons. This enables them to devote more energy and learn from their mistakes and successes.
Following are the online certification programs completed by the students are:
Value added programs offered by the – Advanced Excel, Technical Analysis, Data Science, Fintech, Storytelling through data, Capstone project, Simulation on Talent Acquisition, Data Analytics, HR analytics, Data visualization using Tableau and Power BI.
NLDIMSR also provides opportunities to students in using their learning to apply on real time business scenario by giving them practice the Bloomberg Lab, Financial Analytics, HR Analytics Workshop and Simulations such as MARKSTRAT.
Following is the certification program of more than 30 hours.
• Certificate Program in Bloomberg Market Concepts
• Certificate Program in Bloomberg Analyst
• Certificate Program in MS Excel
• Certificate Program in Data Analytics
• Certificate Program in Data Visualization in Tableau and Power BI
• Certificate Program in HR Analytics
• Certificate Program in Capston Certificate Program in MCX
• Certificate Program in Investment Banking
• Certificate Program on Data Science
• Program on Technical Analysis
• Certificate Program in Communication Skills and Personality Development
• Certificate Program in on Equity Research and Valuation
• Certificate Program in Forex and Treasury Management
• Certificate Program in Bankinge
• Certificate Program in Fintech
Best Practice – 1
Corporate and Alumni Mentoring
Use of Online platformS for Academic and Administrative activities. Due to unexpected pandemic situation almost all the activities had to be conducted with the use of online platforms. N L Dalmia Institute of Management Studies and Research has infused technology into its teaching-learning practices with digital learning tools and platforms to expand course offerings, teachinglearning experience, increase student engagement and motivation and accelerate learning. Online learning opportunities and the use of open educational resources and other technologies has definitely increased institute’s educational productivity. N L Dalmia Institute of Management studies and Research has integrated following technologies into its teaching learning and curriculum enrichment.
Online/Virtual learning The Institute has successfully implemented Zoom platform for online teaching learning during pandemic situation. The Institute has procured Zoom software licences for all its faculty members and staff members for effective delivery of lectures and student interaction. The Institute has also procured MS Office 365 licence for online teaching learning practices.
The Flipped Classroom Blended Learning The Institute has successfully implemented Flipped Classroom concept for all its students by providing lecture videos to students, providing remote access to case study databases, creating an online class discussion group etc. The Institute has implemented Learning Management system (ERP) and Google Classroom for flipped classroom execution.
Hybrid Classrooms
The Institute has set up a hybrid class room infrastructure for effective teaching learning during COVID-19 pandemic period. The Institute has set up the Hybrid class infrastructure of 50-50 attendance of the students through physical classroom attendance and from remote attendance.
Student skill set development using online certification platforms
The Institute has introduced various online skill development courses like Coursera, Edex , MOOC , LYNDA, ILO website, TEDx, etc. for the student development . The Institute has tie ups with online professional skill set development courses.
Digital platforms for Research and development
N. L. Dalmia Institute of Management Studies and Research extensively practices and encourages the use of research software like SPSS, PSPP, SAS, R, Atlas Ti for students’ teaching learning, mainly in the area of data analytics project preparation, research methodology based assignments and writing good research papers by students.
ERP and LMS system
The Institute has implemented its LMS/ERP system QualCampus for academic as well as non-academic activities. Assignments, quizzes, evaluation, project monitoring etc. activities are well executed using QualCampus.
Knowledge Repository
The Institute has maintained its knowledge repository – DSPACE (Version-6) to maintain teaching learning material, Institutional events data and administrative data
Digital Library
The Institute’s modern Digital Library is equipped with supreme computing power and remote access capabilities that provides students & faculties access to e-resources o? campus, ensuring continuous and uninterrupted learning.
NLDIMSR’s Digital Library is well equipped with following databases and software:
- Library Management Software’s (LMS): Libsuite, Koha, DSpace Repository. WebOPAC
- Industry Database: Capitaline
- E-Journals Database: EBSCO Business Elite, ProQuest ABI Inform, and J-Gate
- E-books Database: ProQuest Ebrary (20,000 plus E-books) AntiPlagiarism Software: URKUND
- Online subscriptions of HARVARD case study databases
- Simulation
N. L. Dalmia Institute of Management Studies and Research has implemented Markstrat simulation as a pedagogy. Marksrat is a marketing simulation software which offers MBA students and professionals a risk-free platform in order to test theories and make decisions.
Best Practice – 2
Green Campus Initiatives
Medicinal Plants & Trees: The Institute has procured 11 medicinal plants that comprise Calendula, Ashwagandha, Tulsi, Basil, Costus, Rue, Peppermint, Aloe vera, Kalanchoe pinnata, Lemongrass & Lavender. These plants are maintained and valued for their important medicinal properties that range from treating common wounds to high blood pressure. Additionally, the institute also nurtures around 10-15 trees inside the campus, and all of these plants and trees have QR Codes attached to them. On scanning these QR codes, their respective details and properties are displayed.
Organic Waste Converter: “Use it up, wear it out, make it do or do without.” Sustainable waste management is a practice that should be adopted by everyone, especially considering the current climate concerns of the planet. In a conscious step towards preserving and safeguarding the environment, N. L. Dalmia Institute has installed an Organic Waste Converter (OWC) on its campus. The OWC enables the conversion of all the wet waste generated by the Institute into compost by means of a natural process which is used for the purpose of landscaping in and around the Institute.
Features:
- Waste conversion capacity of 50kgs per day
- No artificial process involved
- Provides compost for all plants and trees under the care of the Institute
- Environment friendly
Solar Energy: A 10-kw roof-top solar photo voltaic (pv) system has been installed on the terrace of the building. The same was installed in February 2017 and is working ever since.
Wheeling to the grid: The power generated through this is supplied to the electricity grid of the service provider (Adani). The credit of the units generated appears in the periodical invoice that The Institute receives from time-to-time. Therefore, The Institute pays energy charges only for the net units consumed.
Sensor based energy conservation: Motion sensors are installed in wash rooms so that when not in use, the lights switch off. This saves electricity. We are adding these devices to the locations in Campus where it is less frequented.
Use of LED bulbs/ Power Efficient Equipment: Throughout the campus, led lights have been installed for better power efficiency. We whole-hearted support the initiatives taken by our Honourable Prime Minister.
Rain Water Harvesting: A rain water harvesting system has been installed within the campus. Most of the water stored is being used for watering plants within the campus as well as on the island (divider on the road) outside. The Institute has adopted the island from the municipal authorities and are maintaining the same.
Construction of Tanks and Bunds: Various tanks including underground fire tank, potable water tank (supply from the municipality) and overhead tanks for distribution of water are made to take care of the consumption in campus.
Waste Water Recycling: The recycled water from the rain water tank is used for watering the plants. Some of the water collected is flushed into the soil to maintain the water table.
Solid Waste Management: In solid-waste management, the collecting, treating, and disposing of paper and hard plastic solid material is done separately as it can be recycled for further use, if at all. Improper disposal of municipal solid waste can create unsanitary conditions, and these conditions in turn can lead to pollution of the environment and to outbreaks of vector-borne disease—that is, diseases spread by rodents and insects. The tasks of solid-waste management present complex technical challenges. They also pose a wide variety of administrative, economic, and social problems that must be managed and solved. To a great extent the Institute achieves the above by separating the waste at the generation stage itself. The Institute has separate bins not only for wet and dry (in the canteen) but also for paper and plastic waste (rest of the campus). The wet waste collected in the canteen is then processed in the compost machine (100% natural process) to generate manure that can be used in urban farming and landscaping. For liquid waste management, The Institute has installed a rain water harvesting system that recycles uncontaminated water for domestic and irrigation needs. Rainwater harvesting (rwh) is a simple method by which rainfall is collected for future usage. The collected rainwater may be stored, utilised in different ways or directly used for recharge purposes. With depleting groundwater levels and fluctuating climate conditions, rainwater harvesting can go a long way to help mitigate these effects. Capturing the rainwater can help recharge local aquifers, reduce urban flooding and most importantly ensure water availability in water-scarce zones.
Biomedical waste management: When the covid-19 pandemic hit us, the Institute has installed red coloured waste paper baskets in various locations in the campus for collection of used masks and other one-time use materials such as gloves. These are disposed off separately to the local municipality.
Disposal of e-waste: Disposal of e-waste is an emerging global environmental and public health issue, as this waste has become the most rapidly growing segment of the formal municipal waste stream in the world. E-waste or waste electrical and electronic equipment are loosely discarded, surplus, obsolete, broken, electrical or electronic devices. The Institute disposes off computers and its waste periodically to an e-waste recycling company that provides us with a certificate stating that the waste has been appropriately taken care of. This ever-increasing waste is very complex in nature and is also a rich source of metals such as gold, silver, and copper, which can be recovered and brought back into the production cycle. The campus does not generate any hazardous or radioactive waste. Maintenance of Water Bodies and Distribution System in the Campus: Underground water tanks have been made for the use in case of fire (dedicated tank) and for storage of potable water (supplied by the municipal authorities). The water is pumped from the underground water tanks to the overhead tanks for use in the campus.
Restricted Entry of Automobiles: The Institute discourages the use of automobiles and urges the team members to use public transport to commute to and from campus. Parking facilities are highly restricted. Only those team members who cannot connect with the public transport easily are given permits to park within the campus.
Use of Bicycles / Battery powered vehicles: The Institute is in the process of installing charging stations for battery powered vehicles. Some children do come to campus on bicycles. These are parked just outside the campus.
Pedestrian Friendly Pathways: Within and outside the campus walking is quite simple. The municipality has done a very good job of making a good sidewalk / footpath. Within the campus, the land is levelled and tiled for better movement. Accessibility by the physically challenged is also made simple. Wheelchair is available at the reception. Evacuation chair is available on campus. Staircases are fitted with stairlifts for the people who require support.
Ban on use of Plastic: The Institute follows the municipality’s policy on use and disposal of plastic. NLDIMSR has reduced the use of one-time use of plastic. The Institute has printed paper and jute bags for carrying materials.
Landscaping with Trees and Plants: The campus has not only landscaped the periphery of the compound but also placed (indoor) plants on every floor. The periphery has short and tall trees as well as shrubs, creepers, etc.
Ban on use of Plastic: The Institute follows the municipality’s policy on use and disposal of plastic. NLDIMSR has reduced the use of one-time use of plastic. The Institute has printed paper and jute bags for carrying materials.
Built Environment with Ramps/Lifts for easy access to Classrooms: All floors and classrooms are accessible using the elevator and/or stairlift. The differently abled persons can access these elevators behind the main reception. They can wheel-in on their wheelchairs and enter the elevators in their chairs and continue to the classroom. Certain classrooms that are at a different level can be accessed using the stairlift.
Disabled-friendly washrooms: All washrooms have a separate dedicated washing closet (WC) for the differently abled. The unit can be accessed on a wheelchair, if required. Signage including tactile path, lights, display boards and signposts assistive technology and facilities for persons with disabilities (Divyangjan) accessible website, screen-reading software, mechanized equipment. Way finding signage have been put up throughout the campus. The Institute is in the process of putting a design element on it and making it more attractive and pleasing to the eye. A consultant is making plans for the same.
Best Practice – 1
Use of Online platformS for Academic and Administrative activities. Due to unexpected pandemic situation almost all the activities had to be conducted with the use of online platforms. N L Dalmia Institute of Management Studies and Research has infused technology into its teaching-learning practices with digital learning tools and platforms to expand course offerings, teachinglearning experience, increase student engagement and motivation and accelerate learning. Online learning opportunities and the use of open educational resources and other technologies has definitely increased institute’s educational productivity. N L Dalmia Institute of Management studies and Research has integrated following technologies into its teaching learning and curriculum enrichment.
Online/Virtual learning The Institute has successfully implemented Zoom platform for online teaching learning during pandemic situation. The Institute has procured Zoom software licences for all its faculty members and staff members for effective delivery of lectures and student interaction. The Institute has also procured MS Office 365 licence for online teaching learning practices.
The Flipped Classroom Blended Learning The Institute has successfully implemented Flipped Classroom concept for all its students by providing lecture videos to students, providing remote access to case study databases, creating an online class discussion group etc. The Institute has implemented Learning Management system (ERP) and Google Classroom for flipped classroom execution.
Hybrid Classrooms
The Institute has set up a hybrid class room infrastructure for effective teaching learning during COVID-19 pandemic period. The Institute has set up the Hybrid class infrastructure of 50-50 attendance of the students through physical classroom attendance and from remote attendance.
Student skill set development using online certification platforms
The Institute has introduced various online skill development courses like Coursera, Edex , MOOC , LYNDA, ILO website, TEDx, etc. for the student development . The Institute has tie ups with online professional skill set development courses.
Digital platforms for Research and development
N. L. Dalmia Institute of Management Studies and Research extensively practices and encourages the use of research software like SPSS, PSPP, SAS, R, Atlas Ti for students’ teaching learning, mainly in the area of data analytics project preparation, research methodology based assignments and writing good research papers by students.
ERP and LMS system
The Institute has implemented its LMS/ERP system QualCampus for academic as well as non-academic activities. Assignments, quizzes, evaluation, project monitoring etc. activities are well executed using QualCampus.
Knowledge Repository
The Institute has maintained its knowledge repository – DSPACE (Version-6) to maintain teaching learning material, Institutional events data and administrative data
Digital Library
The Institute’s modern Digital Library is equipped with supreme computing power and remote access capabilities that provides students & faculties access to e-resources o? campus, ensuring continuous and uninterrupted learning.
NLDIMSR’s Digital Library is well equipped with following databases and software:
- Library Management Software’s (LMS): Libsuite, Koha, DSpace Repository. WebOPAC
- Industry Database: Capitaline
- E-Journals Database: EBSCO Business Elite, ProQuest ABI Inform, and J-Gate
- E-books Database: ProQuest Ebrary (20,000 plus E-books) AntiPlagiarism Software: URKUND
- Online subscriptions of HARVARD case study databases
- Simulation
N. L. Dalmia Institute of Management Studies and Research has implemented Markstrat simulation as a pedagogy. Marksrat is a marketing simulation software which offers MBA students and professionals a risk-free platform in order to test theories and make decisions.
Best Practice – 2
Medicinal Plants & Trees: The Institute has procured 11 medicinal plants that comprise Calendula, Ashwagandha, Tulsi, Basil, Costus, Rue, Peppermint, Aloe vera, Kalanchoe pinnata, Lemongrass & Lavender. These plants are maintained and valued for their important medicinal properties that range from treating common wounds to high blood pressure. Additionally, the institute also nurtures around 10-15 trees inside the campus, and all of these plants and trees have QR Codes attached to them. On scanning these QR codes, their respective details and properties are displayed.
Organic Waste Converter: “Use it up, wear it out, make it do or do without.” Sustainable waste management is a practice that should be adopted by everyone, especially considering the current climate concerns of the planet. In a conscious step towards preserving and safeguarding the environment, N. L. Dalmia Institute has installed an Organic Waste Converter (OWC) on its campus. The OWC enables the conversion of all the wet waste generated by the Institute into compost by means of a natural process which is used for the purpose of landscaping in and around the Institute.
Features:
- Waste conversion capacity of 50kgs per day
- No artificial process involved
- Provides compost for all plants and trees under the care of the Institute
- Environment friendly
Solar Energy: A 10-kw roof-top solar photo voltaic (pv) system has been installed on the terrace of the building. The same was installed in February 2017 and is working ever since.
Wheeling to the grid: The power generated through this is supplied to the electricity grid of the service provider (Adani). The credit of the units generated appears in the periodical invoice that The Institute receives from time-to-time. Therefore, The Institute pays energy charges only for the net units consumed.
Sensor based energy conservation: Motion sensors are installed in wash rooms so that when not in use, the lights switch off. This saves electricity. We are adding these devices to the locations in Campus where it is less frequented.
Use of LED bulbs/ Power Efficient Equipment: Throughout the campus, led lights have been installed for better power efficiency. We whole-hearted support the initiatives taken by our Honourable Prime Minister.
Rain Water Harvesting: A rain water harvesting system has been installed within the campus. Most of the water stored is being used for watering plants within the campus as well as on the island (divider on the road) outside. The Institute has adopted the island from the municipal authorities and are maintaining the same.
Construction of Tanks and Bunds: Various tanks including underground fire tank, potable water tank (supply from the municipality) and overhead tanks for distribution of water are made to take care of the consumption in campus.
Waste Water Recycling: The recycled water from the rain water tank is used for watering the plants. Some of the water collected is flushed into the soil to maintain the water table.
Solid Waste Management: In solid-waste management, the collecting, treating, and disposing of paper and hard plastic solid material is done separately as it can be recycled for further use, if at all. Improper disposal of municipal solid waste can create unsanitary conditions, and these conditions in turn can lead to pollution of the environment and to outbreaks of vector-borne disease—that is, diseases spread by rodents and insects. The tasks of solid-waste management present complex technical challenges. They also pose a wide variety of administrative, economic, and social problems that must be managed and solved. To a great extent the Institute achieves the above by separating the waste at the generation stage itself. The Institute has separate bins not only for wet and dry (in the canteen) but also for paper and plastic waste (rest of the campus). The wet waste collected in the canteen is then processed in the compost machine (100% natural process) to generate manure that can be used in urban farming and landscaping. For liquid waste management, The Institute has installed a rain water harvesting system that recycles uncontaminated water for domestic and irrigation needs. Rainwater harvesting (rwh) is a simple method by which rainfall is collected for future usage. The collected rainwater may be stored, utilised in different ways or directly used for recharge purposes. With depleting groundwater levels and fluctuating climate conditions, rainwater harvesting can go a long way to help mitigate these effects. Capturing the rainwater can help recharge local aquifers, reduce urban flooding and most importantly ensure water availability in water-scarce zones.
Biomedical waste management: When the covid-19 pandemic hit us, the Institute has installed red coloured waste paper baskets in various locations in the campus for collection of used masks and other one-time use materials such as gloves. These are disposed off separately to the local municipality.
Disposal of e-waste: Disposal of e-waste is an emerging global environmental and public health issue, as this waste has become the most rapidly growing segment of the formal municipal waste stream in the world. E-waste or waste electrical and electronic equipment are loosely discarded, surplus, obsolete, broken, electrical or electronic devices. The Institute disposes off computers and its waste periodically to an e-waste recycling company that provides us with a certificate stating that the waste has been appropriately taken care of. This ever-increasing waste is very complex in nature and is also a rich source of metals such as gold, silver, and copper, which can be recovered and brought back into the production cycle. The campus does not generate any hazardous or radioactive waste. Maintenance of Water Bodies and Distribution System in the Campus: Underground water tanks have been made for the use in case of fire (dedicated tank) and for storage of potable water (supplied by the municipal authorities). The water is pumped from the underground water tanks to the overhead tanks for use in the campus.
Restricted Entry of Automobiles: The Institute discourages the use of automobiles and urges the team members to use public transport to commute to and from campus. Parking facilities are highly restricted. Only those team members who cannot connect with the public transport easily are given permits to park within the campus.
Use of Bicycles / Battery powered vehicles: The Institute is in the process of installing charging stations for battery powered vehicles. Some children do come to campus on bicycles. These are parked just outside the campus.
Pedestrian Friendly Pathways: Within and outside the campus walking is quite simple. The municipality has done a very good job of making a good sidewalk / footpath. Within the campus, the land is levelled and tiled for better movement. Accessibility by the physically challenged is also made simple. Wheelchair is available at the reception. Evacuation chair is available on campus. Staircases are fitted with stairlifts for the people who require support.
Ban on use of Plastic: The Institute follows the municipality’s policy on use and disposal of plastic. NLDIMSR has reduced the use of one-time use of plastic. The Institute has printed paper and jute bags for carrying materials.
Landscaping with Trees and Plants: The campus has not only landscaped the periphery of the compound but also placed (indoor) plants on every floor. The periphery has short and tall trees as well as shrubs, creepers, etc.
Ban on use of Plastic: The Institute follows the municipality’s policy on use and disposal of plastic. NLDIMSR has reduced the use of one-time use of plastic. The Institute has printed paper and jute bags for carrying materials.
Built Environment with Ramps/Lifts for easy access to Classrooms: All floors and classrooms are accessible using the elevator and/or stairlift. The differently abled persons can access these elevators behind the main reception. They can wheel-in on their wheelchairs and enter the elevators in their chairs and continue to the classroom. Certain classrooms that are at a different level can be accessed using the stairlift.
Disabled-friendly washrooms: All washrooms have a separate dedicated washing closet (WC) for the differently abled. The unit can be accessed on a wheelchair, if required. Signage including tactile path, lights, display boards and signposts assistive technology and facilities for persons with disabilities (Divyangjan) accessible website, screen-reading software, mechanized equipment. Way finding signage have been put up throughout the campus. The Institute is in the process of putting a design element on it and making it more attractive and pleasing to the eye. A consultant is making plans for the same.
Best Practice – 1
Almashines
AlmaShines is a leading Alumni Networking Company, founded by3 IIT Kanpur Alumni working towards a vision of mobilizing resources foreducational institutions from their alumni and provide a vibrant environmentfor interaction within its alumni community. Currently, they are serving 300Institutions across 40 Cities in India have been recognized as one of the Top10 Startups of Gujarat. The AlmaShines Alumni Software was selected inconsultation with the Alumni and since February 2018 it serves as a newmilestone in the Alumni Connect programme. It serves an opportunity networkthat provides internship and job opportunities as well as a platform to developa professional network. So as to develop students to be industry ready thisportal connects the Institute and the Alumni for a closer partnership right from admissions of the students to the MBA course till the placement at the end of the course. NLDIMSR Alumni are closely associated with their Alma Mater andcontribute in many ways to the Institute. They are always there for theInstitute as resource persons of various programmes such as Admission panels,Student induction, Mock Interviews, mentoring of the students, Judging variousstudent events, Guest lectures, Visiting faculty, Placement partners etc.Currently NLDIMSR Alumni are spread all over the world and as brand ambassadorsof the Institute they have taken the Institute to newer heights. The AlmaShinesportal that has over 5300 registered Alumni and it provides the much-neededinformation about the Alumni like the various countries that the Alumni areworking, the industries and companies that they are in along with thedesignations etc. It also helps in information sharing and gathering for mutualenrichment. During the Annual Alumni Meets the AlmaShines portal serves as apillar of support for a better coordination and execution of the programmes.
Best Practice – 2
RFID
NLDIMSR Library is fully equipped with latest technology. There are Bar Code Labels on each book. In academic year 2018-19 we have updated our Library with RFID System.
RFID (Radio Frequency Identification) is a technology that facilitates non line of sight identification of items. Basic elements of comprehensive RFID system for library kind of environment are Tags, Readers and Library Management System.
There are several Important advantages to implement RFID System in Libraries it aids task such as Circulation, re-shelving and theft detection etc.
RFID system can either replace or supplement existing library bar code system. When the costs of labour is taken into consideration for tasks such as check out, check-in, inventory holds, lists, mis-shelved items etc., RFID can prove to be very efficient when compared to traditional bar codes.
In short RFID streamlines work flow in the area of self service, books return, shelf management and Inventory.
Advantages of RFID Technology
Stock Management:- operations such as managing materials on the shelves, finding items that are missing and identifying mis shelved items are streaming and taking stock regularly will be feasible.
- Spending minimal time on circulation operations allows library staff to assist patrons.
- Routine patron services are not disturbed even when libraries are facing staff shortages and budget cuts.
- Ability to add newer products and features as finances and customer needs dictate.
- Expenses of adopting the technology can be managed over a time period.
- Allows for phased funding and more effective use of Institutional budgets.
- Library item identification and security bit is combined into a single tag, thereby eliminating the need to attach an additional security strip, hence minimizing labelling time & its associated cost.
- Security bit is automatically deactivated & reactivated as materials are checked out and in; hence no separate security procedures are required.
- Social distancing can be followed by avoiding long queues
- No human contact library transactions can be achieved
- Patron’s identification feasible within range of 5 to 7 CMs (No touch required)
- Inventory becomes touch-free with help of Handheld Reader
Best Practice – 1
The Management Quota for admission to our institute has been voluntarily relinquished to take care of the quality ofstudents taking admissions at NLDIMSR.
Best Practice – 2
Management Review Meetings are conducted once every quarter by the Management, where the concern department,HOD, faculty and staff has to show their progress as well as share their concern with the Management, all ensuringtowards quality improvement in the institution.
Best Practice – 1
Bloomberg Lab for Students
Universities, colleges and corporates around the globe use Bloomberg to bring the real world of finance into the classroom, providing students with access to the same information platform used by leading decision makers in business, finance and government. The Bloomberg Professional service and Bloomberg Terminal seamlessly integrate the very best in data, news and analytics. The Terminal is a 24-hour, global financial services system that provides transparent and reliable financial, economic and government information covering all market sectors. It features company financials, market data spanning more than 20 years, charts, statistics, a communications platform and current news reports. N. L. Dalmia Institute of Management Studies and Research is amongst very few B-Schools in the country and the first in Mumbai to have set up a Bloomberg Finance Lab with 12 Bloomberg Terminals. By bringing Bloomberg Professional Service to the campus, the Institute strategically prepares its students for specific, top-end careers in Banking, Investment Management, Institutional Broking, Investment Banking, and Corporate Treasury Management. The Institute provides extremely focused and high end programs like Bloomberg Market Concepts (BMC) Bloomberg Essentials Online Training (BESS) with a high degree of practical learning and on-the-job applicability for all students on campus. The Bloomberg at N L Dalmia is designed and implemented to provide an overview of the Bloomberg Professional service so students can get started using this powerful tool. The Main objectives of the Bloomberg certification programme at NLDIMSR are: To Illustrate the world equity Indices, world economic indicators, Statistics, world center banks, Industries and all financial On/ Off market instruments. Liquidity, volatility, maturity, and pricing of various financial instruments issued across domestic and foreign markets.
To provide a comprehensive overview how students can import Bloomberg data into Microsoft Excel. It includes a step-by-step guide, cheat sheets and descriptions of recent enhancements. Will also display information on performing Bloomberg calculations in Excel. Analyze Portfolio and risk analytics, monitoring, characteristics, attribution, historical performance pinpoint the sources of active risk in portfolios with fundamental risk factor Models. To get Bloomberg Technical Training Certifications namely Bloomberg Market Concepts (BMC) and Bloomberg Analyst CertificationBest Practice-2
NLDIMSR E-Cell Formation
Entrepreneurship Cell of NLDIMSR “An idea that is developed and put into action is more important than an idea that exists only as an idea.” – Edward de Bono About E-Cell: The Entrepreneurship Cell (E-Cell) was formally formed in the A Y 2016-17, The E-Cell is a student-driven body of N. L. Dalmia Institute of Management Studies and Research solely with the purpose to promote and inspire the entrepreneurial spirits among the students. We believe in facilitating the ideas and current start-ups on the campus to help develop them into businesses. The E-cell focuses on providing business knowledge and exposure to the students through seminars, events, debates, competitions, alumni interactions, and interactive sessions with existing Entrepreneurs and Venture Capitalists. Vision: To create an entrepreneurial environment and provide a platform for our students with creative ideas to see themselves as future business leaders. Objectives: Inculcate the passion and spirit among students to pursue entrepreneurship to spread knowledge about entrepreneurship through guest lectures, workshops, etc. Identifying unique ideas and providing a platform to budding entrepreneurs Motivate students to develop their start-ups Activities in progress: E-Cell Magazine Incubation Centre of NLDIMSR Creating a mentor’s pool of people from various backgrounds to cater to the needs of start-ups in the Incubation Centre of NLDIMSR. Working on tie-ups and collaborations with different organizations for opportunities and knowledge expansion. Creating a Wall of Fame for all the start-ups by NLDIMSR students that have been up and running. The E-Cell conducted Guest sessions and experience sharing by eminent entrepreneurs during 2016-17.