Innovative Programmes  

        I.      Grass Root Action and Management (GRAM)

For a twenty-first-century manager and entrepreneur, it is essential to gain a holistic understanding of the relevance of management at various levels. The Grass-Roots Action and Management programme provides this orientation. This programme gives students exposure to native creativity, the uniqueness of the Indigenous Knowledge Systems, and an understanding of the creation and development of the institutions at the grassroots levels.

      II.    Corporate Exposure and Training (CET)

FMS-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 for 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.      
The following two methodologies are used at FMS-WISDOM to provide Corporate Exposure and Training to students:

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

2.      Students individually or in small groups undertake problem-specific assignments that are of interest to organizations and make a detailed analysis.

    III.    Specialized Project Work (Seminar, Term Paper, Business Plan, etc)    
The objective of the SPW is to provide an opportunity for 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 arrive at indicative solutions. SPW facilitates industry-academia interaction and is useful to corporate organizations because at times creative solutions emerge to the benefit of the organization.           SPW is evaluated not only by the respective organizations but also by the Institute.

    IV.     Short Term Executive Programmes (STEPS)      
The Institute also offers a 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. The institute has been conducting workshops on various management themes for the benefit of participating organizations.

      V.      Entrepreneurship Development Cell (E-Cell)

Taking a revolutionary step in promoting the spirit of Entrepreneurship at the highest level, Vidyapith has introduced Entrepreneurship courses across all UG programmes & as a major specialization in MBA. The Vidyapith has a vibrant student-run Entrepreneurship- Cell (E-Cell) which aims at creating an ecosystem to nurture and promote innovation and entrepreneurship in students starting from school education to higher education. E-Cell also promotes entrepreneurship amongst rural women, providing sustainable livelihood opportunities.

Over the last few years, the E-Cell has oriented over 30,000 students on Entrepreneurship and has been conducting various events for the students across the year including:

·         Interaction with real-time entrepreneurs

·         Idea Carnival

·         Orientation sessions

·         Technology Hackathon

·         Business Plan Competition

·         Entrepreneurship Development Program

·         Banasthali Innovation Challenge

·         Capacity Building Workshops and much more

    VI.     Centre for Financial Planning, Training & Research for Women at Banasthali - a Centre of Excellence (CoE)

Bank of America Centre of Excellence for Financial Planning Training and Research for Women at Banasthali Vidyapith is the first-of-its-kind effort by any University in India to spread financial planning awareness & practice among women at village, school/college levels and conduct research at both basic and advanced level. Over the years over 10000 women have been oriented on Financial Literacy & Personal Finance.

  VII.    Centre for Research in MSME and Promotion of Entrepreneurship in Women (CRMPEW)

Centre of Excellence (CoE) was established as a unique initiative in academic setup supported by India’s premier bank, State Bank of India, for the promotion of entrepreneurship in women. Under the initiative, over 26000 women have been oriented on entrepreneurship seeing it as a career opportunity.

VIII.   Indian Knowledge System

Banasthali Vidyapith has always been ahead of the curve, and sensing the need of Indian Knowledge System (IKS) FMS WISDOM over the past so many years has well incorporated Shastriya Prabandhan for reforming Management Education in Bharat by making it suitable to the culture and context. The concept has been derived from the Gurukul system of education. Indian Ethos aims to infuse emotions, passion, spirituality, cultural sensitivity, reverence for nature, and contextual intelligence in the education system, especially management education. For this Faculty Development Programs, Workshops, Orientation sessions, Guest lectures, and Research and Consultancy are conducted.

OMRISE is a Research Group that focuses on Organizational Management (OM), Research (R), Innovation (I), and Sustainable Entrepreneurship (SE). The group has been formed through the collaboration of three parties: Buurtzorg Nederland and Praan Group from the Netherlands, and Banasthali Vidyapith, India. VSM (Vishwa Shanti Mandir) is another initiative to promote girls’ progression by following M3 (Mentoring, Meditation, and Monetary support).

    IX.     S.B.I. School of Commerce and Banking (SBI-SCB)

The State Bank of India had generously, under its Corporate Social Responsibility activity, supported the partial funding of the School of Commerce and Banking at Banasthali Vidyapith. The SBI-SCB offers Diploma, Undergraduate, Postgraduate, and Doctoral programmes in the areas of commerce, banking, and finance to prepare professionals who can excel in business & academics and prepare themselves for exciting careers in financial services.

      X.       Centre for Conscious Leadership and NCCG

Taking a revolutionary step in promoting conscious leaders having spiritual values and sustainability at its course, FMS – WISDOM has partnered with Saadho Foundation for offering Executive Development Programs (EDPs) for senior corporate leaders. The centre offers programs for developing conscious leaders in academia, corporate, and government.

National Foundation for Corporate Governance (under the aegis of Ministry of Corporate Affairs) has accredited Banasthali with a National Centre for Corporate Governance, where three research projects have been completed with their reports hosted on the GoI’s NFCG portal.

    XI.     Certificate Program in Banking, Finance & Insurance

FMS WISDOM, sensing the need to prepare students with industry readiness, has partnered with Bajaj FinServ to offer a unique Certificate Program in Banking, Finance & Insurance. The 100-Hrs deep engagement activity-based physical program provides students with the required information on the above sectors while preparing them with Business Communication, Self-learning, Managing Self and Personality Development.

  XII.   Collaboration with Mahindra Pride Classroom

Banasthali Vidyapith has collaborated with Naandi Foundation, Hyderabad to offer Employability Skills to students like Communication Skills, New-age Skills, Soft Skills, Life Skills, Domain Skills, AI-Tools, Digital Marketing, UI-UX, etc. helping them in becoming future ready and excel in their corporate career. The initiative is supported under the Mahindra Pride Classroom Program.

XIII.  Collaboration with National Institute of Securities Market (NISM)

With the vision to promote ‘Women in Finance’ Banasthali Vidyapith has partnered with NISM offering certificate programs helping prepare students with knowledge & employability to make flourishing career in Securities and Financial Markets.

XIV.    Atal Incubation Centre (AIC) (More details at www.aicbanasthali.org)

Banasthali Vidyapith, with the vision to build a world-class ecosystem for women startups in India, has established a state-of-the-art Atal Incubation Centre (AIC) at Banasthali. It has partnered with NITI Aayog to set up India’s first & now largest Business Incubator solely focusing on women-led startups.

The Incubator offers Pre-Incubation, Incubation, Acceleration & Corporate Innovation Programs and offers seed funding to its Students, Scholars, Faculty & Women Startups from across India. The program helps aspiring entrepreneurs to validate their ideas, build a proof of concept, and identify markets, thereby helping in commercialization and building a sustainable business model.

Over the last 7+ years, the incubator has supported over 181 women startups, 117 of which have raised over Rs. 2300 Mn in funding while creating more than 3000 jobs. AIC Banasthali focuses on nurturing the next generation of women startups in Science and Technology and envisions itself as becoming the “National Centre for Women Entrepreneurship.” 

AIC Banasthali has been instrumental in building national & international collaborations, creating more opportunities for women startups. Some of these are listed below: 

Government Collaborations

·         Department of Science & Technology, Gol supported NIDHI PRAYAS Centre offers Grants up to Rs. 10.00 Lakhs for developing Deep-tech hardware prototypes. It is Rajasthan’s first & only NIDHI PRAYAS Centre.

·         Department of Science & Technology, Gol supported NIDHI Seed Support Scheme offers funds up to Rs. 100.00 Lakhs to startups for scaling up.

·         The Ministry of Electronics & IT (MeitY) Tide 2.0 Centre offers funds for up to Rs. 40.00 Lakhs for idea stage & MVP stage startups working in the ICT sector.

·         The Ministry of MSME Incubation Scheme offers grants up to Rs. 15.00 lakhs for product-based startups.

·         Startup India Seed Fund Scheme of DPIIT offers Grants & Scale-up funds up to Rs. 50.00 Lakhs.

Corporate partnerships

·         The State Bank of India has set up India’s first Centre of Excellence for promoting women entrepreneurship.

·         NBC Bearings (a C.K. Biria Group Company) has partnered with AIC Banasthali to jointly develop & implement the Corporate Innovation Program.

·         HDFC Bank, under the Parivartan initiative, provided CSR Grants to high-impact social startups. 

·         Zoho, Freshworks, Canva, AWS, etc. offer various startup-related services/facilities to AIC Incubated startups.

International collaborations

·         The U.S. Embassy in New Delhi has partnered with Banasthali to support micro-women entrepreneurs. Under the initiative 136 women entrepreneurs have been supported across North India.

·         GIZ, a Government of Germany undertaking, has partnered with AIC Banasthali to jointly develop & implement an Accelerator Program for women startups.

·         European Union under the ERASMUS+ Program for capacity building in Higher Education and Gender Inclusion through supporting women entrepreneurs. AIC was also part of the India-EU Innovation Partnership.

 XV.       Centre of Excellence in collaboration with Imarticus Learning

Sensing the need for preparing women with careers in Investment Banking and Data Science, FMS WISDOM has collaborated with Imarticus Learning which is one of India’s best learning solutions providers for courses in Investment Banking and Analytics. The Centre will also provide internships opportunities to students in Investment Banking and Data Science and offer platforms for global certifications.