Experiential Learning Projects (ELP) program is an academic driven management consulting intervention under which our senior students’ groups from the BBA and BS-Accounting & Finance programs, help organizations in analyzing the issues that warrant investigation, conduct primary & field research, and develop options for cost effective implementable solutions. The aim of this program does not only entail the acquisition of industry knowledge, but also embodies an effort to help our students integrate their functional learning in an integrated holistic manner and apply it to resolve the problems faced by different organizations.

Parameters	Corporate Internship	Experiential Learning Program (ELP)
Tenure/Duration	6-8 weeks	4 months
Scope	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 For BBA: 6 Credit hours / two courses For BSAF: 6 credit hours / two courses

	2024	2023	2022	2021	2020	Total
Total Number of Students Participated in ELP	498	409	499	314	218	1938
Total Number of Projects Undertaken	130	109	125	64	44	472
Total Number of Faculty Advisors Involved	46	56	51	21	13	187*
Total Number of Partnering Companies/NGOs	66	73	65	37	35	276**

Area of Investigation		No. of Projects				Total
	2024	2023	2022	2021	2020
New Ventures/Feasibility Studies	50	34	22	17	15	138
Marketing Strategy/Market Research	37	20	50	13	9	129
Strategic Analysis & Management	21	23	21	13	5	83
Human Resource Structuring	6	3	11	3	2	25
Management Control Systems	8	7	9	2	5	31
Supply Chain Management	5	3	5	2	5	20
Others	3	19	7	4	3	36
Total	130	109	125	54	44	462

Tasks	Timeframe*
Orientation	November 2024
Call for Projects	November
Deadline for Submission of Projects	November 25, 2024
Shortlisting of Projects	November 26 - 30, 2024
Project bidding process for faculty advisors	1st-2nd week of December 2024
Enrollment process	January 3 – 11, 2025
Enrollment deadline for students	January 15, 2025
ELP Start Date	January 20, 2025
Formulation of TOR	3rd-4th week of January
TOR review by company and faculty advisor	1st week of February
TOR submission to the CDC/ELP Office	February 10, 2025
Interim Report presentation (Mid review)	March 31, 2025
Final Report presentation	May 31, 2025

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.

ELP Duration	4-5 months
ELP group size	3-4 final semester students
ELP Supervision	IBA Faculty Advisors
ELP working arrangement	Depends on the company. Students to remain available to companies for at least 15-20 hours per week. Some companies require students to attend office 5 days a week, while others require once a week/fortnightly presence in office.
ELP Stipend	Depends on the company. Primary objective is to provide students with a significant industry experience; monetary benefits are secondary.

These projects are conducted under close supervision of IBA faculty advisors. A group of 3-4 students along with a faculty advisor which is assigned to each project.
As a first step towards ELP, companies are approached by the CDC/ELP office to obtain details of the project and to gauge their interest in this program. This serves as a starting point of the project wherein an initial understanding of the problem/project is shared by the client organization with the IBA. In consultation with the IBA Faculty Advisors, the client organizations further develop and/or hone 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 and requirements.

Process Flow of Activities: ELP Activity Flow