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ELP Overview

Initiated for the very first time in 2015, the ELP program involves final year/semester Undergraduate students, working in the form of groups, to conduct primary and field research, analyze the issue that warrants investigation and find cost effective implementable solutions for partner organizations. The aim of this program is not only the acquisition of industry knowledge but also the introduction of our students to prospective organizations.

Parameters Corporate Internship Experiential Learning Program (ELP)
Tenure/Duration Usually 6-8 weeks long 4 months long
Orientation Usually task oriented Goal-oriented
Objective Focus on orienting students to the industry workings and corporate culture Focus on solving problems/challenges identified by companies
Academic Weightage Mandatory academic requirement for graduation Graded Component - 12 Credit hours i.e. equivalent to 4 courses
Area of Investigation No. of Projects Total
2017 2016 2015
New Ventures/Feasibility Studies 26 13 25 64
Marketing Strategy 09 16 11 36
Strategic Analysis & Management 03 16 06 25
Human Resource Structuring 03 02 05 10
Management Control Systems 01 01 05 07
Supply Chain Management 03 03 03 09
Others 07 14 09 30
Total 52 65 54 181

  2017 2016 2015 Total
Total Number of Students Participated in ELP 275 300 294 869
Total Number of Projects Undertaken 52 65 64 181
Total Number of Faculty Advisors Involved 24 19 13 56*
Total Number of Partnering Companies/NGOs 39 52 46 137

*Few faculty members served as ELP Faculty Advisors in both the years

ELP Start Date January 16, 2018
ELP Duration 4-5 months
ELP group size 4-5 students (Final Semester)
ELP Supervision IBA Faculty Advisors
ELP working arrangement Dependent on the company. Students will be available for project from Monday-Friday with classes to be held on Saturdays only. Some companies require students to attend office 5 days a week, while others require once a week arrangement.
ELP Stipend Dependent on the company. Primary objective is to give them industry experience; monetary benefits are secondary.

Companies could help engage our student groups in a relevant project within their organization in areas not restricted to but that may include:

  • New Ventures / Feasibility Studies
  • Management Control Systems
  • Human Resource Restructuring
  • Strategic Analysis & Management
  • Marketing Strategy
  • Supply Chain Management
  • Resource Mobilization strategies
  • Financial Management
  • Process Re-engineering and Change Management

However, we will welcome other projects or problems/challenges that organization deems of interest.

These projects are conducted under close supervision of IBA faculty advisors. A group of 5-6 students along with a faculty advisor is assigned to each project.

As a first step towards ELP, the 'IBA ELP Consent Form' is shared with companies to obtain their interest in this program. The form serves as a starting point of the project wherein an initial understanding of the problem/project is shared by the client organization with IBA. In consultation with the IBA Faculty Advisors, the client organization further develops and/or hones the project plan to meet the requirements of the ELP.

Afterwards, students in consultation with the companies develop the 'Terms of References (TORs)' covering the nitty-gritty of the projects. Students start working on project from January for a period of 4-5 months depending on the project scope.

Companies

Company Responsibilities

Company Responsibilities

Consent Form

Consent Form

Terms of Reference

Terms of Reference

Key Dates & Timeline

Key Dates & Timeline

Students

Registration Process

Registration Process

ELP Enrollment Form

ELP Enrollment Form

ELP Review Status Form

ELP Review Status Form

Key Dates & Timeline

Key Dates & Timeline

Faculty Advisors

Roles & Responsibilities

Roles & Responsibilities

Grading Criteria

Grading Criteria

Project Details

Project Details

Key Dates & Timeline

Key Dates and Timeline