LAXMICHAND GOLWALA COLLEGE OF COMMERCE & ECONOMICS AQAR: 2017 -18 Annual Quality Assurance Report (AQAR) 2017-18 Part – A 1. Details of the Institution 1.1 Name of the Institution RAMJI ASSAR VIDYALAYA’S LAXMICHAND GOLWALA COLLEGE OF COMMERCE & ECONOMICS 1.2 Address Line 1 RAMJI ASSAR VIDYALAYA CAMPUS M.G. ROAD Address Line 2 GHATKOPAR (EAST), City/Town MUMBAI - 400077 MAHARASHTRA State Pin Code 400077 [email protected] Institution e-mail address Contact Nos. 022-21024264 DR. SWATI DESAI Name of the Head of the Institution: Tel. No. with STD Code: 022-21024264 Mobile: 09821414012 Name of the IQAC Co-ordinator: PROF.MAHIDA VIJAY K. Page 1 of 57 LAXMICHAND GOLWALA COLLEGE OF COMMERCE & ECONOMICS AQAR: 2017 -18 Mobile: 07977483181 / 09820278741 [email protected] IQAC e-mail address: 1.3 NAAC Track ID : MHCOGN22923 1.4 NAAC Executive Committee No. & Date: EC(SC)/15/A&A/56.1 www.lgcollege.edu.in 1.5 Website address: Web-link of the AQAR: http://lgcollege.edu.in/index.php/2018/11/29/aqar -2017-18/aqar-2017-18-6/ 1.6 Accreditation Details Year of Sr. No. Cycle Grade CGPA Validity Period Accreditation 25/05/2016 TO 1 1st Cycle B 2.81 2016 24/05/2021 2 2nd Cycle - - - - 3 3rd Cycle - - - - 4 4th Cycle - - - - 1.7 Date of Establishment of IQAC: 11/7/2016 2017-18 1.8 AQAR for the year : 1.9 Details of the previous year’s AQAR submitted to NAAC after the latest Assessment and Accreditation by NAAC ((for example AQAR 2010-11submitted to NAAC on 12-10- 2011) Page 2 of 57 LAXMICHAND GOLWALA COLLEGE OF COMMERCE & ECONOMICS AQAR: 2017 -18 i. AQAR 2016-17 submitted to NAAC on 05/09/2018 ii. AQAR__________________ ________________________ (DD/MM/YYYY) iii. AQAR__________________ _______________________ (DD/MM/YYYY) iv. AQAR__________________ _______________________ (DD/MM/YYYY) 1.10 Institutional Status University State Central Deemed Private Affiliated College Yes No Constituent College Yes No Autonomous college of UGC Yes No Regulatory Agency approved Institution: Yes No Type of Institution: Co-education Men Women Urban Rural Tribal Financial Status : Grant-in-aid UGC 2(f) UGC 12B Grant-in-aid + Self Financing Totally Self-financing 1.11 Type of Faculty/Programme Arts Science Commerce Law P EI (Phys Edu) TEI (Edu) Engineering Health Science Management Others (Specify) NIL University of Mumbai 1.12 Name of the Affiliating University: 1.13 Special status conferred by Central/ State Government-- UGC/CSIR/DST/DBT/ICMR etc Page 3 of 57 LAXMICHAND GOLWALA COLLEGE OF COMMERCE & ECONOMICS AQAR: 2017 -18 Autonomy by State/Central Govt. / University NO NO University with Potential for Excellence NO UGC-CPE DST Star Scheme NO UGC-CE NO UGC-Special Assistance Programme NO DST-FIST NO UGC-Innovative PG programmes NO Any other (Specify) NO UGC-COP Programmes NO 2. IQAC Composition and Activities 2.1 No. of Teachers 04 2.2 No. of Administrative/Technical staff 01 2.3 No. of students 01 2.4 No. of Management representatives 02 2.5 No. of Alumni 01 2. 6 No. of any other stakeholder and NIL Community representatives 2.7 No. of Employers/ Industrialists NIL 2.8 No. of other External Experts 02 2.9 Total No. of members 11 2.10 No. of IQAC meetings held 04 Page 4 of 57 LAXMICHAND GOLWALA COLLEGE OF COMMERCE & ECONOMICS AQAR: 2017 -18 2.11 No. of meetings with various stakeholders: Faculty 4 Non-Teaching Staff Students 4 Alumni 2 Others NIL 2.12 Has IQAC received any funding from UGC during the year? Yes No ---- If yes, mention the amount 2.13 Seminars and Conferences (only quality related) (i) No. of Seminars/Conferences/ Workshops/Symposia organized by the IQAC : 1 Total Nos. International National State Institution (ii) Themes “Recent reforms in Taxation, Real Estate and Banking Sector in India”. 2.14 Significant Activities and contributions made by IQAC: See Annexure – I 2.15 Plan of Action by IQAC/Outcome The plan of action chalked out by the IQAC in the beginning of the year towards quality Enhancement and the outcome achieved by the end of the year * Sr. Plan of Action Achievements No. 1. To organise Students Research Conference Successfully organised (See Annexure 1 for detail report) 2. To organise Workshop on “AVISHKAR Successfully organised RESEARCH CONVENTION” on behalf (See Annexure 1 for detail of University of Mumbai. report) 3. To Enhance ICT in Teaching and 2 Laptops, 4 Projectors with 3 Screens were purchased to Page 5 of 57 LAXMICHAND GOLWALA COLLEGE OF COMMERCE & ECONOMICS AQAR: 2017 -18 Learning Process enhance teaching learning process by use of ICT. 4. To Organise Campus Recruitment Drive Successfully organised (See Annexure 1 for detail report) 5. To apply various UG and PG programs College applied for total 9 under Indira Gandhi National Open Programs with IGNOU and is in University (IGNOU) process for finalisation. 6. To tie up with Garware Institute, Kalina The College has applied for Campus, University of Mumbai following programs on 18th August, 2018. 1. Custom Clearance and Freight Management 2. Foreign Trade Management 3. Tour Management 7. To start following career and skill oriented Successfully Started Short Term Courses. (See Annexure 1 for detail a. Tally with GST report) b. Banking Training *ACADEMIC CALENDAR (SEE ANNEXURE 2) 2.16 Whether the AQAR was placed in statutory body Yes No Management Syndicate any other body Provide the details of the action taken Regular and surprise visits of IQAC to monitor the documents and guides the staff membersPart for – qualityB work Page 6 of 57 LAXMICHAND GOLWALA COLLEGE OF COMMERCE & ECONOMICS AQAR: 2017 -18 Criterion – I Curricular Aspects 1.1 Details about Academic Programmes Level of the Number of Number of Number of Self- Number of Programmes Existing Programmes Financing value Programmes added during Programmes added/Carrier the year Oriented Programmes Ph.D - - - - PG 2 - 2 - UG 6 1 7 - PG Diploma - - - - Advanced - - - - Diploma Diploma - - - - Certificate 2 (English 2 (Banking & 4 - Speaking & Tally) Computer) Others - - - - Total 10 3 13 - Interdisciplinary Innovative 1 1 2 - (Under University of Mumbai) 1.1 (i) Flexibility of the Curriculum :- VARIOUS PROGRAMS OFFERED UNDER GRADUATE: B.COM - Direct and Indirect Taxes - Computer systems and Applications - Export Marketing B.COM (Accounting & Finance) B.COM (Banking & Insurance) B.COM (Financial Markets) B.COM (Investment Management) B.COM (Transport Management) BMS (Bachelor in Management Studies) - Marketing - Finance Page 7 of 57 LAXMICHAND GOLWALA COLLEGE OF COMMERCE & ECONOMICS AQAR: 2017 -18 B.Sc. (Interdisciplinary Studies) POST GRADUATE: M.COM (Accountancy) M.COM (Banking & Finance) YASHWANTRAO CHAVAN MAHARASHTRA OPEN UNIVERSITY (YCMOU) STUDY CENTRE BA (English & Marathi Medium) B.COM (English & Marathi Medium) (ii) Pattern of Programmes: Pattern Number of Programmes Semester 9 Certificate Courses A) English Speaking B) Basic Computer 4 C) Tally with G.S.T. D) Banking Course Annual NIL Distance Learning(YCMOU) 3 1.3 Feedback from stakeholders 1. Alumni - Yes 2. Parents - Yes 3. Students - Yes Mode of feedback 1. Online - No 2. Manual - Yes 3. Co-Operating Schools 1.4 Whether there is any revision/update of regulation of syllabi, if yes, mention their salient aspects. Yes, Changes in the pattern of S.Y.B.Com syllabi. The syllabi for the Third Year B.Com (Financial Markets), M.Com Semester III & IV, Second Year B.Com (Accounting & Finance), Second Year B.Com (Banking & Finance), Second Year B.Com (Financial Market), Second Year (Investment Management), S.Y.B.M.S. (Bachelor of Management Studies) were revised by the University of Mumbai. 1.5 Any new Department/Centre introduced during the year. If yes, give detail. 1) Tally GST Training Centre under G.B. Dutia Institute of Information Technology 2) Banking Training Program Page 8 of 57 LAXMICHAND GOLWALA COLLEGE OF COMMERCE & ECONOMICS AQAR: 2017 -18 Criterion – II Teaching, Learning and Evaluation 2.1 Total No. of permanent faculty Total Asst. Associate Professors Principal Others Professors Professors 29 26 NIL NIL 1 02 2.2 No. of permanent faculty with Ph.D. 03 2.3 No. of Faculty Asst. Associate Professors Others Total Positions Recruited (R) Professors Professors and Vacant (V) during R V R V R V R V R V the year: 7 10 - - - - - - - - 2.4 No. of Guest and Visiting faculty and Temporary faculty: 11 2.5 Faculty participation in conferences and symposia: International State & No. of Faculty National level level others Attended 06 03 03 Seminars/Presented 05 03 - WorkshopspapersResource 01 - - Persons 2.6 Innovative processes adopted by the institution in Teaching and Learning: ICT, Projects, Case Study, Presentation, Remedial Lectures 2.7 Total No. of actual teaching days 180 during this academic year 2.8 Examination/ Evaluation Reforms initiated by the Institution (for example: Open Book Examination, Bar Coding, Double Valuation, Photocopy, Online Multiple Choice Questions) \ Feed Back from Moderators is taken about assessment. Page 9 of 57 LAXMICHAND GOLWALA COLLEGE OF COMMERCE & ECONOMICS AQAR: 2017 -18 2.9 No. of faculty members involved in curriculum Restructuring / revision / syllabus development as member of Board of Study / Faculty / Curriculum Development workshop: 1 2.10 Average percentage of attendance of students 80 % 2.11 Course/Programme wise distribution of pass percentage: Total no. GRADE Title of the of SEM I Programme students O A+ A B+ B C D Pass appeared (%) (%) (%) (%) (%) (%) (%) % FYBCOM 504 0 0 0 0.60 2.78 9.92 7.94 21.23 0 0 2.63 13.1 20.5 13.6 4.21 54.21 FYBAF 190 6 3 8 0 0 0.82 4.92 22.1 19.6 5.74 53.28 FYBBI 122 3 7 FYBIM 10 0 0 0 50 30 10 10 100 0 0 0 12.5 24.1 21.6 5 63.33 FYBMS 120 7 7 0 0 0 0 10.7 16.0 5.36 32.14 FYBFM 56 1 7 FYBTM 30 0 0 0 3.33 6.67 6.67 10 26.67 SEM II Total no.