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FAQs - Companies

1. When will the students be available?
Students are expected to be available for project work from Monday to Friday, for a minimum of 15–20 hours per week.
2. Do we need to pay students any remuneration for ELP?
It depends entirely on the company. The primary objective of the ELP is to provide students with hands-on industry experience; financial compensation is optional. However, we recommend covering travel or daily allowances (TA/DA) in cases where extensive travel or fieldwork is required.
3. What is the grading criteria for ELP?
The grading is shared among three evaluators: 50% by your faculty advisor, 30% by your company supervisor, and 20% by the ELP department.
The ELP department’s 20% is based on the final ELP report and its overall quality and submission.
4. Can we include a non-disclosure clause in the agreement?
Yes. A non-disclosure agreement (NDA) can be signed and included in the Terms of Reference (TOR) before the project begins.
5. Do companies need to pay for student transport or conveyance?
Only if the project requires travel for primary research or fieldwork. In other cases, it's entirely at the company's discretion. IBA does not mandate such expenses.
6. Can students work off-site?
Yes. Off-site work is allowed, depending on the nature of the project and with mutual agreement between the company, students, and faculty advisor.
7. Can the company assign more than one supervisor to a student group?
Yes. Depending on the project’s scope, more than one supervisor may be assigned. However, we recommend having a single point of contact to ensure smooth coordination.
8. Do we need to agree on the Terms of Reference (TOR) before the project starts?
Yes. The TOR must be finalized and approved by both the company and the student group before the project officially begins.
9. Does the company supervisor need to track student attendance?
Yes. Supervisors are expected to monitor student participation and office visits to support timely project completion.
10. What are the key milestones in the ELP and how is the client involved?
The ELP consists of three major deliverables, each involving close coordination with the client organization:
Terms of Reference (TOR): Developed in consultation with the client to define the project scope, objectives, and expected outcomes. The client’s approval is required before the project officially begins.
Mid-Review Presentation: Conducted midway through the project to update the client and faculty advisor on progress, validate findings, and receive feedback for refinement.
Final Report and Presentation: The completed analysis and recommendations are presented to the client for review and discussion. The client provides feedback and evaluation, which contributes to the final grading.
Throughout the ELP, clients play an active role by guiding the project scope, providing data and feedback, and evaluating student performance.
11. Does IBA require any documentation from student groups working with our organization?
Yes. Student groups are required to submit their Terms of Reference (TOR), final reports and presentations, and any other supporting documents to the ELP office via LMS. These submissions are made after endorsement by both the faculty advisor and the company supervisor (client). This ensures that all project deliverables are formally approved and aligned with the client’s expectations before submission to IBA.
12. What documents are clients required to submit?
Clients are required to complete and upload two key evaluation forms during the course of the project:
Mid-Review Evaluation
Final Review Evaluation
These evaluations help assess the student group’s performance, professionalism, and project outcomes. The submission deadlines and links for these forms will be shared via email by the ELP office during the course of the project.