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 represent the five foundational principles or the panchsiddhanta of WISDOM.
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WISDOM acts as strategic think ahead forum for women's issues in management of society, organizations and individuals.
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WISDOM facilitates creation of future enlightened leadership among women.
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WISDOM trains the young minds for managerial responsibilities and entrepreneurial ventures.
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WISDOM conducts action based research.
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WISDOM Promotes intellectual self-reliance.
In consonance with its foundational principles, the following are the broad objectives of the institute :
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To train women for entry level managerial positions.
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To train women in entrepreneurial tasks of setting up industry, organizations and institutions
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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 :
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A synthesis of the spiritual values and the scientific achievements of the East and the West.
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Management as a combination of the rational-analytic and intuitive-holistic approaches based on the following equation:-
W = R + I
(Wisdom = Reason + Intuition )
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Panchmukhi Vikas i.e. holistic development of an individual through a balance of five aspects viz. physical, practical aesthetic, moral and intellectual.
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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 BBA, and MBA programmes of Management Education. At the under graduate level a student can also offer BA with management as one of the optionals. Presently the institute offers specialization in Marketing, Finance, Human Resource Development and Information Technology. A student can offer 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 millions strong middle classes. The Indian Aviation Industry is poised for a giant leap resulting in a huge employment potential in the incoming 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 solution 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 grassport issues as well as an exposure to the grassport 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 grassroot 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 grassroot 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. Grassroot 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 the 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 in 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 ferquently 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.
Specialised Project Work (SPW)
Objective of the SPW is to provide an opportunity to students to undertake an indepth 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 “Madhindra 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 Seven thousand books on management and related disciplines. More than 50 journals & international repute are also subscribed. In addition Student have electronic access to may 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 are 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 organised 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 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.