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Shri Ram College of Commerce SHRI RAM COLLEGE OF COMMERCE UNIVERSITY OF DELHI MAURICE NAGAR, DELHI-110007 SELF STUDY REPORT 2015 SUBMITTED TO NATIONAL ASSESSMENT AND ACCREDITATION COUNCIL BENGALURU SHRI RAM COLLEGE OF COMMERCE SELF STUDY REPORT 2015 CONTENTS 1. Preface ii 2. Acknowledgement iv 3. List of Abbreviations v 4. Executive Summary: SWOC Analysis 2 5. Criteria-wise Executive Summary 13 6. Profile of the College 22 7. Criteria-wise Analytical Report a. Criterion I: Curricular Aspects 35 b. Criterion II: Teaching-Learning and Evaluation 53 c. Criterion III: Research, Consultancy and Extension 86 d. Criterion IV: Infrastructure and Learning Resources 132 e. Criterion V: Student Support and Progression 156 f. Criterion VI: Governance, Leadership and Management 215 g. Criterion VII: Innovations and Best Practices 262 8. Evaluative Reports of the Departments a. Department of Commerce 285 b. Department of Economics 314 SHRI RAM COLLEGE OF COMMERCE Page i PREFACE Shri Ram College of Commerce, for last ninety years, has been a top ranked undergraduate college of commerce and economics developing leaders with a global mindset, business skills, a sense of social responsibility and human touch. The College is the first choice of undergraduate students seeking to gain the skills necessary for success in contemporary global business world. The focus of the Institution is on nurturing students, sharpening their skills, building their foundation of knowledge and facilitating the learning they need to take their career to the highest level and to cultivate the practice of looking beyond oneself for sustainable happiness. The College epitomises the philosophy embedded in the divine words of Gurudev Rabindranath Tagore. "The highest education is that which does not merely give us information but makes our life in harmony with all existence." -Rabindranath Tagore Students take a leap from information to transformation with the help of a Guru whereas a teacher impacts knowledge and fills his students with more data. At SRCC, the faculty acts as Guru to completely transform the pupils by developing their physical, mental, emotional and spiritual abilities so that they become balanced human beings and look beyond themselves. We believe that the greatest legacy one can pass on to the learners is not only the ability to acquire money or other material things to be accumulated in life but rather a legacy of character and faith. SRCC is a place where skills and passion coincide with the needs of the world. As the price of financial success is mounting day by day, the wholesome development of the students is a necessity to face real life situations. The College imparts values like truthfulness, honesty, compassion and responsibility. 'SRITES' tend to discover new and innovative solutions and are not averse to risk. The College is famous for its quality education and rigor of its academic programmes and a conducive environment for co-curriculars and extra-curriculars that transforms the students and empowers them to release their full potential. It is the conviction of the College that the learning of the students is both within and outside the classroom. Therefore, a rich array of opportunities is provided to students to develop their leadership and organisation skills. A liberal environment under a caring guidance ensures that talents are identified and developed to the core. The College is known for its physical facilities. The campus is beautifully adorned with green lawns, a heritage building, state-of-the-art classrooms, a resourceful library, sports complex, swimming pool, a health care unit and physiotherapy centre. The SRCC fraternity has successfully strived over the years for achieving excellence. The College, in existence, represents the exuberant synergy of its teaching and non-teaching staff who perform their duties with dedication, passion and commitment. In the years ahead, SHRI RAM COLLEGE OF COMMERCE Page ii SRCC will continue to uphold the legacy of its reputation in India and will aim to be one of the best global institution for academics. The Self-Study Report represents the manifestation of the ideals and efforts of the College on its orientation towards quality and service. It has been an inward looking exercise which will yield impetus to the growth and development of the College. Dr. Ashok Sehgal Officiating Principal SRCC SHRI RAM COLLEGE OF COMMERCE Page iii ACKNOWLEDGEMENT The Self-Study Report is the outcome of generosity, support, guidance and patience of a large number of people. The Steering Committee for the NAAC report for Shri Ram College of Commerce acknowledges the untiring contribution of the innumerable people, whose indefatigable efforts have gone into the preparation of this report. First and foremost, our heartfelt gratitude to the Governing Body and its Chairman, Shri Ajay Shriram, under whose aegis the Steering Committee has compiled this report. We thank Dr. Ashok Sehgal, Officiating Principal, SRCC who has extended wholehearted support to this process through inspirational leadership, steadfast and robust guidance. His faith in our efforts and abilities has been a great source of encouragement. We also take this opportunity to thank Dr. P.C. Jain, former Principal SRCC, who spared his valuable time to provide significant inputs for this Self-Study Report. The Committee thankfully acknowledges the support from the administrative staff of the College, led by Mr. Jatin Lamba, Ms. Juleta Khan and Mr. S.K. Gupta for their cooperation and assistance needed to compile the report. The accounts department headed by Mr. P.K. Jain and Mr. Sanjay Dobhal has to be thanked for explaining and interpreting complex figures and accounting procedures. The library team led by Mr. Sandeep Nawani needs a special token of gratitude for sharing vital information regarding the library and its activities. Mr. Shiv Nandan, Senior P.A. to the Principal has been generous enough to help with the preparation of this report and has always smilingly provided all the assistance. Our colleagues have been exemplary in their support, patience and critical engagement through the long and tedious process of compiling this report. We thank the Teachers-in- charge of all Departments and the staff advisors of all student societies, without whose support and keen interrogation, this report would not have seen the light of the day. We are also grateful to everyone, both within and beyond, the community of Shri Ram College of Commerce, who have contributed in any possible way towards the welfare of the College and have spared even a moment to help in the preparation of this honest fruit of labour. Lastly, the Committee thanks NAAC for providing the College an opportunity for introspection and to discover the areas of improvement. NAAC Steering Committee SRCC SHRI RAM COLLEGE OF COMMERCE Page iv LIST OF ABBREVIATIONS (I) India (P) Private AC Air Conditioner ACS Associate Company Secretary AMC Annual Maintenance Contracts Anr. Anothers API Academic Proficiency Indicator B. Com (H) Bachelor of Commerce (Honours) B.A. Bachelor of Arts B.Ed. Bachelor of Education B. Tech Bachelor of Technology BA Bachelor of Arts BBA Bachelor of Business Administration BEM Business Entrepreneurship and Management CAG Comptroller and Auditor General of India CAIIB Certified Associate of Indian Institute of Bankers CBCS Choice Based Credit System CBSE Central Board of Secondary Education CCE Continuous and Comprehensive Evaluation CCTV Closed Circuit Television CDF Connecting Dreams Foundation CDROM Compact Disk Read-Only Memory CEC Central Evaluation Centre CEO Chief Executive Officer CH Chapter CIC Corporate Interaction Cell CIIE Centre for Innovation, Incubation and Entrepreneurship CLIF Club For Leadership Innovation And Finance CMIE Centre for Monitoring Indian Economy COLORS Coalition For Road Safety CPD Centre for Professional Development CSR Corporate Social Responsibility CTH Compulsory Test in Hindi CWG Common Wealth Games DELNET Developing Library Network DFS Department of Financial Studies DSE Delhi School of Economics DU Delhi University DULS Delhi University Library System DVD-ROM Digital Versatile Disk - Read Only Memory EBS European Business School EBSCO Elton B. Stephens Co. Ed. Edition e-DBMS Electronic-Database Management System EDC Entrepreneurship Development Cell ENACTUS Entrepreneurship, Action and Us SHRI RAM COLLEGE OF COMMERCE Page v EOC Equal Opportunity Cell ERP Enterprise Resource Planning EY Ernst & Young FAR Floor Area Ratio FCA Fellow Chartered Accountant FCS Fellow member of Company Secretary FDP Faculty Development Programme FOYS Festival Of Youth Sports FYUP Four Year Undergraduate Program G.B. Governing Body GBO Global Business Operations GDPI Group Discussion & Personal Interview GEN General GGS Guru Gobind Singh GGSIP Guru Gobind Singh Indra Prastha GOI Government of India HDFC Housing Development Finance Corporation HPAIR Harvard Project for Asian and International Relations HR Human Resource HRD Human Resource Development HSBC Hong Kong and Shanghai Banking Corporation HT High Tension IAS Indian Administrative Service ICA Institute of Corporate Affairs ICA-AP International Cooperative Alliance-Asia Pacific ICAI Institute of Chartered Accountants of India ICICI Industrial Credit and Investment Corporation of India ICSI Institute of Company Secretaries of India ICSSR Indian Council of Social Science Research ICT Information and Communication Technology IESEG Institut d'Économie Scientifique et de Gestion IFT Interferential Therapy IGNOU Indira Gandhi
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