About Us

The Vision & Mission

Vision of WISDOM is to prepare women for enlightened leadership roles in all walks of life. Institute's mission is to contribute towards development of women leadership that would play active role in society-building, entrepreneurship and management of organizations and institutions in consonance with nation's spiritual and cultural heritage and its own context.

The following represents the five foundational principles or the Panchsiddhanta of WISDOM:

  1. WISDOM acts as strategic think-ahead forum for women's issues in management of society, organizations and individuals.

  2. WISDOM facilitates creation of future enlightened leadership among women.

  3. WISDOM trains the young minds for managerial responsibilities and entrepreneurial ventures.

  4. WISDOM conducts action based research.

  5. WISDOM promotes intellectual self-reliance.

In consonance with its foundational principles, the following are the broad objectives of the institute :

  1. To train women for entry level managerial positions.

  2. To train women in entrepreneurial tasks of setting up industry, organizations and institutions

  3. To undertake research and consultancy with a view to augment knowledge base keeping in view the specific requirements of women's issue and cultural moorings.

WISDOM's Paradigm of Management Education

WISDOM's management education paradigm is rooted in the following key themes:

  1. A synthesis of the spiritual values and the scientific achievements of the East and the West.

  2. Management as a combination of the rational-analytic and intuitive-holistic approaches based on the following equation:
    W = R + I
    (Wisdom = Reason + Intuition )

  3. Panchmukhi Vikas i.e., holistic development of an individual through a balance of five aspects viz. physical, practical, aesthetic, moral and intellectual.

  4. A blending of tradition and modernity rooted in Indian ethos.

Institute's Management Programme is designed around this new paradigm of management education

Management Programmes

The Management Programme is designed keeping in view the need for holistic development of students for taking up challenging managerial positions. The Management programme combines the following three strands:

1. Indian ethos and Indian paradigm for inner quality development as reflected by the spiritual values 
    and the relevant Indian values for organizations building and development.
2. Women’s experience as reflected by their historic role in shaping the destiny of future generations,
     nations and organizations.
3. Traditional theories and concepts of management as have been developed over a period of time
     and have become part of the received knowledge.

WISDOM offers B.B.A., and M.B.A. programmes of Management Education. At the under graduate level a student can also offer B.A.  with management as one of the optionals. Presently, the institute offers specialization in Marketing, Finance, Human Resource Development and Information Technology. A student can opt for one major and one minor specialization or dual major specialization.
 

MBA - Aviation Management

WISDOM has launched MBA - Aviation Management from July 2009

India's aviation sector has witnessed an average growth rate of between 25-30 percent in recent years, fueled by an expanding economy and the rising income of  India's estimated 300 million strong middle classes. The Indian Aviation Industry is poised for a giant leap resulting in a huge employment potential in the coming years. By launching MBA -Aviation Management, WISDOM is offering to the students yet another very lucrative and high growth segment for career-building and advancement. The courses focus on leading - edge solutions to real world problems and on the opportunities found in airline, airport and aerospace- related industries and organizations.


Grass Root Action and Management (GRAM)

In general, Management Programmes don’t provide opportunity to their students of
GRAM (Grassroot Action and Management). However, the holistic development of an individual, as well as for broadening one’s vision an understanding of the grass port issues as well as an exposure to the grass port problems is a prerequisite.

GRAM exposure to students becomes essential because Management students, in their corporate jobs, entrepreneurial tasks and leadership roles, have to deal with field realities. In addition, Indian villages are reservoirs of native creativity. This creativity can be tapped for new ideas that can be useful for entrepreneurship as well as corporate management e.g., rural marketing. Native creativity is also useful for generating ideas for advertising. GRAM Programme also gives an opportunity to document and understand the uniqueness of the Indigenous Knowledge Systems that contain rich ideas not only for local solutions but also for universal applications.

The GRAM Programme also exposes student to the working of the grass-root development institutions. Thus, it provides them an understanding of the creation and development of the institutions of the grassroot levels. The exposure thus gained is useful in a better grasp of the management concepts such as inter-personal relationships, group dynamics, team work etc. Gram programme also enhances the understanding of grass-root issues involved in “Development Oriented Management”.

Gandhiji undertook a sojourn of the countryside, even-though this was not necessary for him. However, through his sojourn he understood the latent spirituality and creativity of the masses, in spite of economic poverty. He was wonderstruck and used his insights to draw a strategy for the freedom movement. Indian freedom movement now is a unique strategic management case study that has no parallel in human history.

For a twenty-first century manager and entrepreneur, a similar brief sojourn is necessary to get a holistic understanding of the relevance of management at different levels. Grass-root Action and Management programme provides this orientation.

Corporate Exposure and Training (CET)

At WISDOM, the classroom training provides the necessary conceptual background to the students. In order to bridge theory – practice gap, it is important that students get exposed to day-to-day corporate realities. The objective of the module in Corporate Exposure and Training is to expose students not merely to corporate corridors but to the corporate action and work culture.

WISDOM’s Corporate Exposure and Training module has been designed around the WISDOM framework; ‘Knowledge- Action-Reflection-Wisdom’. This framework is applicable not only in social contexts but also in corporate contexts. This module provides an opportunity to students to learn from practical working conditions and interact with experienced managers and thereby gain knowledge and wisdom about innovative ways of problem handling and problem-solving.

Following two methodologies are used at WISDOM to provide Corporate Exposure and Training to students :

1. Senior executives from reputed organizations are frequently invited to interact with the students so
    as to provide them an opportunity to discuss critical, strategic and operational issues that
    corporate manager face in managing corporate actions.

2. Students individually or in small groups undertake problem specific assignments that are of
     interest to organizations. Students prepare a report and make a presentation to the concerned
    organization and to the Institute.

Specialized Project Work (SPW)

Objective of the SPW is to provide an opportunity to students to undertake an in-depth study of a real life problem in the field of their specialization. This project work helps the students to undertake a diagnostic analysis of a problem situation and arrives at indicative solutions. The SPW facilitates institute-industry interaction and is useful to corporate organizations because many times indicative and creative solutions emerge to the benefit of the organization.
SPW is evaluated not only by the respective organization but also by the Institute.

Academic Ambience

WISDOM provides excellent academic ambience to its students. Besides using the traditional tools of case method teaching, learning at WISDOM takes place through the 3D approach of Discussion, Dialogue and Discourse. Multi-media approach is also used to supplement and facilitate the learning process.

Computer Facility

In addition to facilities at AIM & ACT, WISDOM has two independent computer laboratory in its own building named “Mahindra Pragya Mandir”. With access to internet facility, this lab acts as a “Cyber-School” for the students. Further, MBA students have round the clock access Internet in hostel.

Library

The central library of Banasthali has a large and excellent collection of books belonging to various disciplines. In addition, there is a separate library at WISDOM, containing more than fourteen thousand books on management and related disciplines. More than 50 journals of national & international repute are also subscribed. In addition Student has electronic access to many journals via INFLIBNET.

Short Term Executive Programmes (STEPS)

The Institute also offers short term executive programme for women executives, women entrepreneurs and women leaders. These have been designed after making a need assessment for the training requirements. These programmes are also designed and offered on “reach-out” basis. Institute has been conducting workshops on various management themes for the benefit of participating organizations.

Ph.D. Programmes

Facility for doctoral research are available at the institute. Students need to register for Ph.D under rules and regulations of the University.

Research:

Research paradigm at WISDOM is founded on action-based research. Faculty and students also participate in collaborative research based on Gram, Organizational Training and Project work.

WISDOM’s special research focus is in the following areas:
1. Indian Management Thought and Practices
2. Women in Management and Corporate Leadership
3. Cross Cultural Management Systems
4. Human Quality Development
5. Creativity and Innovation

Conferences, Seminars and Workshops are organized on a regular basis mainly on above thrust areas of research generating a large pool of intellectual capital. Presently around 15 scholars are registered for Ph.D. in management from Indian and overseas. Faculty members regularly contribute research papers and articles in various national and international seminars, conferences, books and journals. WISDOM has brought a number of books containing research contributions of internal faculty as well as distinguished external scholars.

Banasthali- ICICI Bank Tie-Up

The Institution has entered into MOU with ICICI Bank Limited for promoting studies in Banking and Financial Services. The bank has also dedicated 'The Learning Matrix' to the students of University. This provides opportunity to the students to pursue about 150 online programmes in Banking. ICICI  Bank has also established ' ICICI Bank Chair' for Banking & Financial Service Industry' at Banasthali University to strengthen training and research in Banking .The outcome of the activities of the Chair shall be of immense benefit to the students of the institution.

Training and Placement Cell

There is a Training & Placement Cell at WISDOM. Its endeavor is to arrange ‘Campus Recruitment Interviews’ and to provide possible help in arranging Summer Training. It also keeps in touch with the Alumni
.

S.B.I. School of Commerce and Banking (SBI-SCB) at Banasthali University

State Bank of India, the biggest bank of India with strong financial muscle and a network of 15,000 branches, has decided to donate a generous grant to partially fund the upcoming School of Commerce and Banking at Banasthali University, the premier university for women in India. The bank has glad fully communicated in writing to the Vice-Chancellor of Banasthali University that under the Corporate Social Responsibility activity, the bank has donated a generous philanthropic grant for construction of the school to be named as ‘SBI School of Commerce and Banking’. With this feather in the cap, University has become the first university in India to get grant for Commerce & Banking School from the largest bank of India.

It was on January10, 2012 that SBI accepted the request of University and commenced a branch within the University campus. Pursuant to the discussion with the then G.M. (North) Shri Siddartha Sengupta and Dy. GM (Rajasthan) Shri Mahesh Sharma during the inauguration ceremony of the branch, University submitted a proposal to the bank mentioning the glorious history, present activities, strong impact of management education of WISDOM, future ambitions of University in area of commerce & banking and details about proposal for SBI-SCB. The bank welcomed the proposal and a team from SBI comprising Smt. Arundhati Bhattacharya, (the then Dy. M.D. and Corporate Development Officer of SBI), Smt. Padmaja Nair (GM, Corporate Communication), Shri R.G. Subramanian (GM, North), Shri Mahesh Sharma (Dy. G.M., Rajasthan) visited University Campus. Smt. Bhattacharya took a sojourn to various departments and facilities of University and appreciated the missionary work of women’s education carried by Banasthali since 1935 and advised the management students to work hard, leverage the facilities at Banasthali and make stride in the wonderful world of banking. 

The SBI-SCB shall offer Diploma, Undergraduate, Postgraduate, and Doctoral programmes in areas of commerce, banking and financial planning to prepare a unique breed of professionals who can excel in business & academics and prepare themselves for exciting careers in financial services. The SBI-SCB shall have the strong support from WISDOM, the B-school of University in designing innovative programmes, arranging faculty, conducting research and more importantly preparing the students in acquiring required skill-set to be a successful commerce & banking professional.

While it would take about a year for the SBI-SCB building to complete and commence functioning, the University has already announced to launch Bachelor of Commerce (B.Com.) programme from academic session 2013-14. As economies worldwide liberalize and flow of trade and investments touch astonishingly higher levels, the quest for quality commerce education has indeed emerged as the need of the hour. Globally, women have performed exceedingly well in field of commerce. In response to the need of the organizations, huge number of Chartered Accountants, Company Secretaries, and Financial Planning professionals would be in demand in the time to come who are not only conceptually sound in commerce but also have a holistic frame of mind and a positive approach in life. The Bachelor of Commerce programme at Banasthali University aims to prepare commerce professionals who possess the usual strong value system of the University and a strong foundation in areas of accountancy, business studies, economics, statistics and IT.

For more information and updates visit us on https://www.facebook.com/pages/SBI-School-of-Commerce-Banking-at-Banasthali-University/1498558570390191

ENTREPRENEURSHIP DEVELOPMENT CELL

Human Brain- a treasure box of IDEAS! Always dreams BIG! Entrepreneurship is a way to turn these dreams into reality but many times lack of guidance and unawareness of the loopholes result in drastic failures. So, to enrich the students with experiences related to this field, Banasthali University runs an Entrepreneurship Development Cell (EDC) so that the future women entrepreneurs have a clear picture of India-as a developed nation.

EDC encourages entrepreneurship and self-reliance among students by training, research, workshops, competitions, event management etc. The EDC functions under dynamic leadership of Vice-Chancellor and Pro- Vice-Chancellor of Banasthali University and has a Coordinator, team of faculty members, office staff and large number of student volunteers.

Banasthali University’s TIDE Centre (B-TIDE)

Banasthali University aims at developing students’ personality through its five-fold education system (Panchmukhi Vikas) and prepares women to take up leadership roles in all walks of life. In this perspective, University has a functional ‘Entrepreneurship Development Cell (EDC)’ that encourages entrepreneurship and self-reliance among women by training, research, workshops, competitions, event management, etc. In order to move to next level, University has embarked upon setting up incubation cell and during 2011, MCIT (GoI) was kind to sanction a project under TIDE Scheme to nurture technology based start-up companies promoted by entrepreneurs desirous of R&D partnership in areas of Electronics and ICT with the institute or a company, with the objective of commercializing a novel technological idea, and setting up a technology business enterprise. 

For more information on B-TIDE click here .

CENTRE FOR FINANCIAL PLANNING AND RESEARCH FOR WOMEN AT BANASTHALI VIDYAPITH: A CENTRE FOR EXCELLENCE

Visit us for the updates on https://www.facebook.com/centreforfinancialplanning

In terms of overall financial literacy, India is at the bottom among 16 countries in the Asia-pacific region with 59 index points, according to the Annual MasterCard’s index for financial literacy 2013. The centre is the first of its kind of effort by any University in India to spread financial planning awareness & practice among women at village, school/college levels and conducting research at both basic and advanced level.

THANKS FOR THE DONATION: The Centre for Financial Planning Training and Research for Women at Banasthali University thanks Shri Sharad Nair (noted Philanthropist and Director-ICETRAIL LOGISTICS) for a substantial philanthropic grant for Financial Literacy mission of the University.

We also thank, Ms. Rakhi Mittal, Mrs. Zeba Kazmi, Ms. Shabnam Siddiqui, Ms. Pooja Jain, Ms. Sameeksha, Ms. Sakshi Ahuja, Ms. Sudhulika Sanghi, Ms. Swati Shree, Ms. Kaanchan Agarwal, Ms. Malvika Garg, Ms. Priti Jain, Shri Mohammed Ashar, Ms. Swati Mishra Sharma, Ms. Anjana Sharda, Ms. Priyanka Singh, Ms. Sonika Meena, Ms. Pranvi, Ms. Ruby Banerjee, Ms. Shikha Chandra, Ms. Poonam Dubey, Dr. Thavamani, Ms. Sakshi Trivedi, Ms. Ritika Gupta, Ms. Richa Anand, Ms. Meha Khurana, Ms. Shilpa Sharma, Ms. Swati Purohit, Ms. Mamta Bhagat, Ms. Sarita Singh, Ms. Ruchi Paliwal, Ms. Rachana Raheja, Ms. Kanika Bhatia, Dr. Girish Nair, Ms. Aditi Kumar, Ms. Rachana Chechani Rathi, Ms. Pritika Gupta, Ms. Isha Roy, Ms. ILA Mittal, Dr. Upasana Sharma, Dr. Rizwan, Ms. Vandana Bharti, Ms. Priyanka Gandhi, Ms. Meenakshi Sharma, Ms. Komal Bajaj, Ms. Komal Gupta, Ms. Kanupriya Singh, Dr. Vijaya, Dr. Gopakumar, Dr. Ankur Roy, Ms. Shilpa Maharishi, Ms. Jyotsna Rani, Dr. Ritu Sharma, Ms. Tuhina Pande, Ms. Jayshree Prasad, Ms. Harshita Panchariya, Ms. Shweta Bagchi, Ms. Sonal Chugh, Ms. Anshu Khandelwal, Dr. Upasana Sharma, Dr. Kaup, Dr. Ritu Sharma, Ms. Akanksha Agarwal, Ms. Noopur Gautam, Ms. Vasudha Gautam, Ms. Priyanka Srivastava, Ms. Reema Mathpal, Dr. Nasreen Khan  and others for their generous contributions to start this project.

 Activities:

1.  Financial Education training should start from young age! Centre for Financial Planning Training and Research for Women, and SBI School of Commerce & Banking at Banasthali Vidyapith, have partnered with National Centre for Financial Education, GoI, to launch National Financial Literacy Assessment Test (NCFE-NFLAT) for School students. Over 125 students have already registered. We would prepare students for the test and provide free training material. Winners would receive recognition and prizes! All participants would get certificate of participation from our Centre. Test would be conducted online in campus on December 06/07, 2014. The test is supported and recognised by RBI, NISM, SEBI etc.

2. THANK YOU RADIO BANASTHALI 90.4 FM: Reaching nearby villages to spread Financial Literacy via Community Radio of Banasthali University through weekly programme. Ms. Akshita Arora, WISDOM, delivers on-air live programme with phone-in very Sunday. {RADIO BANASTHALI: Rajasthan's First Community Radio Station- Banasthali Vidyapith has a licensed community radio station that has been functioning since January 2005 on 90.4 MHz on FM band. The transmission reaches all villages around Banasthali. The radio station i broadcasts radio programs for over 12 hours daily currently and focuses on topics of entertainment, education, women's health, nutrition, environment, agriculture, depicting folk, art, culture rural and community development.}

3.  Centre for Financial Planning Training and Research for Women, and SBI School of Commerce & Banking at Banasthali Vidyapith, have partnered with ICICI Securities to launch ICICI Direct Stock Mind game for business management, commerce, and other discipline students. Over 200 students have registered and getting firsthand experience of stock trading. Winners would receive recognition and prizes!

4.  Banasthali University is among the 15 institutions shortlisted for Youth Money Olympiad and 710 students took Financial Literacy Test on October 12, 2014. The others shortlisted include BITS Pilani, IIT Madras etc. YMO is conducted by Money Wizards that has its global headquarter in Singapore. Money-Wizards is a company focusing on providing user friendly financial literacy to all those who need it and is lead by Shri Venkatesh Varadachari (Alumnus of IIM Bangalore), Co-founder and Director and Prof. Thillai Rajan A., IIT Madras and Co-founder and Director.  Centre for Financial Planning and Principal Mutual Funds have subsidized the participation fee by 65% for encouraging students' participation. The winners would get a chance to compete at the national level and win prizes at a prize distribution event hosted by Principal PNB AMC. We wish all the best to students.

5.  Over 150 rural women attended the session on Financial Literacy in association with UCO Bank followed by opening of accounts under Bhamashah and Jan Dhan Yojana. Prof. Harsh Purohit and Ms. Nidhi Choudhary conducted the session with a comprehensive training on savings-investment-action plan, mostly in local language to village women aided by video session, role play demonstration, and problem solving. Shri Mahendra Jain, UCO Bank Banasthali explained the schemes of the bank and offered all possible help to the women. Block coordinators would take up action plan further to bring all women in banking stream in line with Financial Inclusion of GoI.

 


6.  Prof. Harsh Purohit, Dean, FMS WISDOM, Banasthali University and Dr. Shalini Chandra, Associate Professor, Statistics and Banasthali International Team had a discussion with Professor Azhar Kazmi, King Fahd University of Petroleum & Minerals, Saudi Arabia, exploring international collaborations and ideas for the Centre for Financial Planning.

7.  The Center for Financial Planning for Women organized a faculty development program on 29 September, 2014 on Retirement Planning for the women faculty members of various departments of Banasthali  in FMS- WISDOM, Banasthali Vidyapith. The participants were nominated by the deans and heads of the respective faculty/department. The resource person for the FDP was Shri Lokhnath Mishra, former MD, IFCI Services Limited. He is the first Ph.D. in the area of Financial Planning, awarded by Banasthali University. The FDP was attended by 30 women faculty members.

The Centre organized an International Research Symposium on “Emerging research trends in Finance across the globe" during August 11-12, 2014. The participants were invited across the globe who presented their research in the defined arenas. 15 research papers were discussed at the symposium in the arena of Financial Planning, Corporate Governance, Commodity Research, Equity Research, and Banking Services. The presentation of the research paper was followed by active discussions by the participants. The second day of the symposium was dedicated to discussions on major problems in research methodology faced by the researchers. The discussion was chaired by statisticians and subject experts. The symposium concluded with felicitation of mementos to the chair members and certificate distribution to the participants.

 
Notified Under Section (3) of University Grants Commission Act.
@ 2007 Banasthali Vidyapith.