YEARLY STATUS REPORT - 2023-2024

• Institute's academic calendar is prepared based on university academic calendar.
• Subject Teacher prepared their course file, teaching plan and execution of teaching plan is monitor regular basis.

For internal evaluation the institute conducts internal exam twice in each semester. The marks obtained by the students are considered while granting internal mark to the respective student in their final examination and the slow & fast learners are identified through above evaluation.

Guest lecture were arranged professional ethics and values.

Progarams are gender indiscrimination.

Tree plantation in college campus. Guest lecture were arranged of global warming and environment related issues. Guest lectures arranged regarding human values. Industrial expert lectures were arranged on marketing, human resource and finance specialisation.

Online internal exam were taken by Multiple Choice Question.and also Offline exam were taken. Fast Learners and Slow learners were identified through above exam and extra lectures were arranged. Exam related Question were given to solve as tutorial to all students as an assignment.

Statistical methods ,Optimization Technique and Accounting For Managers like technical based and critical subjects whose background is not purely Mathematics or Commerce. To such students we give them problems for solving and if they could not do it Extra lectures are taken and individual attention is given to each student for understanding of that subject.After that we make a group of ten student and tell them to discuss the problem they had in solving and they are watched by the mentors and guidethem in this way the slow learners became active and problem is resolved. In the mini project / In-Plant Training and Major Project each student is given the topic of which they have to make a survey and prepare and do analysis under the project given.

Thequalified teachers usesthe PPT for lectures and also give them some online question and take both online and offline test where student learns online and if some concept is not understood by them asked in offline class Individually.

Dr Babasaheb Ambedkar Marathwada University has 80:20 pattern where 20 Marks are for internal which include students internal exam, extra curricular activities ,Assignment, internal class test and other task given to them from time to time by faculty. Each month review are taken from the faculty and action is taken through mentors on students who does not follow the curriculum made by faculty by not giving them the internal marks. The transparency is made of internal marks purely on there performance.

The internal time table is well defined at the time preparingacademic calender. The said timetable is displayed one week in advance. At end of portion,offline exam is conducted . If studentremain absent in any of the paper his absenteeism is marked and explanation is taken from them regarding the same and at the end semester the concern student is called at college for to solve that paper in college provided students submit valid reason for absenteeism.Within a week result is prepared and an appropriate action is taken on absenteeism by Director. The performance of students during the internal exam is discussed on one to one basis to ensure improvements.

We haveMBA 2 years Programs with three specialization Marketing,Finance and Human Resource. The program and course outcome are stated and displayed on the website and noticeboard of the college. During the subject lectures the faculty explains the course outcome of the said subjects. The feedbacks from all the stakeholders are collected at the end of every academic year.The students from marketing field are showing good results for achieving their target the said feedback recieved by us from respective employers. Certain number of students have started start up for continuing their family business.Some student whose background is not of Business are doing jobs also started some side business of Logistics and Transportation or other with the help of there family members

before the last semester (Fourth) Group dicussions and personal interview of the students is organized to guage the understanding the program outcome like General Knowledge, problem solving, critical thinking, team work, ethics, life long learning, etc. The shortcoming of understanding with respective about skill areremoved through skill development programs. Regarding course outcomes at the end of every chapter/ unit though interactions the levels of understanding guaged.

The induction program is conducted for new MBA 1st semester student during which they are taught the Ethics of Society and Bussiness through Guest faculty. The yogasession is organized during this induction program so that importance of health consciousness becomes a important factor in students’ life. During induction they share their knowledge with friends and also learn some good habits and knowledge from seniors. So there is transformation of knowledge from faculty to student and among students themself this is the outcome. An ecosystem of Research and innovation is created through interaction and encouraging to the students for research continuous coordination of students and faculty about research topics. The institute maintains relations between pass-out student and Industry for research activity .

A visit to nearby Adhar oldage home was organized where old and disabled people are staying.Our student had a conversation with them to understand the real life issues and how they are making their own life comfortable. Our student regularly donate to Adhar old age home and Balika Asharam the residence of which are Abandoned by the society .Here student get Holistic development to understand the society and real life issues in life.

The Institution has all Infrastructure and physical facilities for teaching learning classroom. computing equipments and well computer lab as per the requirement of AICTE,DTE and Dr.Babasaheb Ambedkar Marathwada University Respectively. All books are available according to university syllabus, faculty demand books as per the requirement and put up to Director of the institute and there demand is discussed in Per semester meeting and sanction is taken from Management and librarian orders and make available the books to faculty and student in minimum time.

The institution has adequate facilities for carrying out cultural activity a well conference hall capacity of 120 seats.where yoga activity is also done even the coridor is quit large where the yoga practise can be taken. For Indor activities we have carom ,chess, and for outdor activity we have carom ,chess, and for outdor activity we have Badmintonground.

About 5000 books in our college library have been BARCODED for Automated using of all the books in the library in an effort to provide better convenience to the students as well as all other library users and we are continuously trying to improve it.

Institution has provided WI-FI facility with 200mbps and password is displayed to all students for there access online e-books and other journal periodicals and e news paper. Online leactures are taken by faculty in ICT room. Some times online lectures are conducted on Holistic topics for the development of students.

Institution has established systems and procedures for maintaining and utilizing physical,academic and support facilities like library sports, computers and classrooms. As soon as some equipment is damaged in computer lab it is reported within 24 hours to maintenance incharge and he caries out repairs/ replace as earliest. wifi and broad band connection are checked by IT expert regularly and maintenance is done. The sports mentor takes care of the equipment needed and to be distributed during event among students.

Students from first year and second year are nominated as student council member, student council mentored by professor Assistant Professor and Director.

Alumni Association is not registered as of now. however allPassed out/ Outgoing students data is maintained. Students who are placed in industry or any other assignment are requested for interactions with present students. Structured Alumni Association is proposed to form in near future

To be the best Business School and research-driven management institution, which attempts to groom future leaders? To meet the emerging challenges it requires keen perception, flexibility and ability to produce managers who can operate efficiently across the globe. To achieve the vision, the management has provided organizational structure, which is governed by the Lokvikas Educational and Charitable Trust. The governing body meets twice in the year to discuss the difficulties faced by the institute. Director ensures that proper road-map is prepared for executing the vision and mission of the institute. To create a student focused learning community that prepares productive and responsible in business, government & global society. The post graduate program is monitored and revised. The institute is equipped with latest technologies for effective delivery and curriculum emphasizes practice orientation and project work or Internship is done successfully by students. The employability of students is created by imparting soft skills and hard skills training.

The Chairman of the trust appoints Director as overall in-charge of the institute. The Director in turn appoints faculty and other required positions at institute as per the guidelines of AICTE / BAMU / DTE / and any relevant authorities. All positions are recruited after proper approval from the managing body of the trust. Core Management Reviews are conducted per year. The said review meeting is conducted in the presence of chairman of the institute. The status of decided points of previous meetings is reviewed. Issues related to future plans are discuss by all the stakeholders and plan of action is decided. The power of day to day functioning is provided with Director and in turn it is distributed with college staff as per the nature of Work they carried out and team spirit is created to achieve the desired outcome of the trust. Successful Entrepreneurs are developed by the institute and they are leading in their respective field.

The Institute is ready for next NAAC cycle. The institution is focusing on NBA accreditation. The institute is planning for adding MCA program by 2025-26. The institute is in discussions with reputed Universities for opening distance learning center in the premises. The institution has approached Symbiosis University for opening a distance learning center in the campus. It is expected that during the academic year 2025-26, the center may get operational Implementation of NEP 2020 and introducing NSDC courses for skills enhancement.

To enhance the image of the institute and “Be a front-runner “in the industry. our Institutional bodies are effective. The proper Administrative staff set up is there the Appointment of Faculty is carried out through the University Committee as prescribed by Vice Chancellor and AICTE, DTE Norms rules and regulations.

The institute observes all Sundays are weekly off for teaching & Non-Teaching staff. All second and fourth Saturday off days for all. All Paid holidays declared by the university are declared by paid holidays to all. The faculty who is on Probation period has only one weekly off and 1 leave in month. After completion of Probation period the faculty has second and Fourth Saturday Holiday. He is applicable for paid vacation and Diwali Festival as decided by Trust Policies/ university guidelines. If some casualty or any Emergency arises then Teaching and Non-Teaching staff is given upto15 days paid Holiday depending upon his Emergency. Timely payment is made before each Festival and Monthly by Institution.

The Non teaching staff is encouraged to pursue higher studies if interested and proper Performance Appraisal system his /her increment is done. The faculties are encouraged by director to clear the UGC NET & SET so that they can become eligible to Approval process and By AICTE in Future. Some faculty who have vision and research attitude are encouraged to go for Research activity and pursue PhD by clearing entrance of PhD exam .During the process they are also given paid Holiday.

Each year the internal Audit is done by Our Accountant from Trust office and externally done from CA. Each year Income Tax is filled up by the Institution and form 16 is given to faculties. If accountant makes a mistake found out by Director he gets Corrected from him through internally audit only. Then it is finally checked by CA proper measure is taken by Accountant and clerk under their supervision. The Audit Report is generated each year and circulated to various stakeholders. DTE, AICTE & University as per requirement for inspection or according to regulation and procedure.

Institution is self Financed so Trust members put up there resources funds are generated. The tuition fee of MBA First and Second year is the only source of the Institution for Funds. To Increase revenue we will be going for NAAC second cycle and also for NBA Accreditation so that we can either go for increase in take or Extension of course.

IQAC contributes is preparing academic calendar, teaching plan, course file and its effective implementation.

IQAC committee reviews result analysis. Slow learners are identified by above analysis extra classes are arranging for slow learners. IQAC monitors the data of alumni.

The institution reviews its teaching learning process, structures & methodologies of operations and learning outcomes at periodic intervals through IQAC set up as per norms and recorded the incremental improvement in various activities. By Taking internal Exam and tutorial given to each student of each subject. The institute provides previous year question paper of university to student for understanding university exam pattern, this helps to become familiar with university exam pattern for appearing

The institute organize international woman s day gender equality program. The Ganesha and Durga Festival are celebrated with the participation of both the gender. Program like fresher’s and farewell parties are organized where in both the gender students are encouraged to participate.

Since the institute area comes under chh. sambhajinagar municipal corporation which has proposed to provide drainage line to take away solid waste to common sewage treatment plant. Presently the institute has provided appropriate size septic tank in which solid waste is stored and takes away through the corporation common treatment facilities time to time. Being a management institute no hazardous waste is generated. E-waste generated is handed over MPCB authoresses vendors for disposal.

To increase the green belt nearby area of institute, donated about 100 plants to the resident with the concept of one family one plant. Students of institute visited Adhar vrudhashram along with professor having meeting with in-Mets. The students realized the problem of old age and in-Mets were happy to interact with students as if they are family members.

At institute continuous counseling of students teaching and nonteaching staff about duties and responsibilities of citizen ethical practices moral values it is ensured that road safety rules are followed by students by teaching and non teaching staff. Bikers are not allowed without helmet in campus.

The institution Celebrates / organizes national and international commemorative days, events and festivals as prescribed by DTE,Universities and AICTE or Government agencies from time to time like

Mahatma Gandhi Jayanti

Sardar vallabhai Patel Jayanti,

Dr Babasaheb Ambedkar Jayanti ,

University Foundation Day

Independence Day

Republic Day

Maharastra Din

Savitribai Phule Jayanti

Mahatma Phule Jayanti

Veer Savarkar Jayanti

Veer Mata Jijau Jayanti

Chatrapati Shivaji Maharaj Jayanti,

We celebrate the festival Diwali

The event likes The Teacher's Day.

The women’s International Day 8 March

BEST PRACTICE - 01 Environment friendly campus Objectives of the practice:

1 Provide environment friendly campus for students, faculty and staff

2 Promote sustainability and reduce carbon footprints

The Context:

1 Institute recognizes the social need to be environmentally friendly and has implemented facilities to provide students an eco-friendly campus.

2 By implementing environmentally friendly practices, LECT, reduces its negative impact on the environment.

The Practice

1 Renewable source of energy: Institute believes in reducing the consumption of electricity produced by non-renewable resources, by switching to clean energy sources like solar energy.

2 Institute commits to install an environmentally friendly electrical appliance that saves energy.

3 Rain water harvesting: Institute has installed rain water harvesting systems by collecting rain water fallen on the terrace and feeding the same to bore well.

4 E-waste management: Institute has tie-up arrangements with NGO, which are involved in E-waste recycling.

5 The institute conducts Green Audit each year for understanding the parameters and effect of actions initiated by the institute.

6 Plastic Free Campus: Institute has decided to avoid the use of single-use[1]plastic.

Evidence of success

1 Green campus audit report has certified that the systems are contributing towards the conservation of environment

2 Energy Generation: The solar energy generates ------ units in a year.

Problems encountered

1 The institute needs to set up STP for sewage treatment.

2 Changing the mind set of people for reducing the usage of paper.

3 Leaving the comfort of using single use plastic.

Best practice no. 2 is uploaded (due to shortage of space)

The institute is located nearby Aurangabad city however with the expansion of city our institute now falls under corporation limit the infrastructure road, street lights is improving. The residential colonies are also developing and which will create requirement of higher education facilities in nearby area our institute may fulfill this requirement.

1) Implementation of NEP 2020 guideline provided by university from time to time

2) Ensuring the account opening/ registration names of all first year student at academic bank

3) Introducing MCA program

4) Adding Specialization in operation and production management & Business Analytics.