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CONTENTS Vice-Chancellor’s Message......................................................................................... 4 Annual Report Compliance Certificate ................................................................. 5 The Visitor......................................................................................................................... 6 The Chancellor ............................................................................................................... 7 Establishment of the University .............................................................................. 8 Accreditations................................................................................................................. 9 Officers of the University ............................................................................................ 9 Authorities of the University ................................................................................. 10 University Activities Highlights of the year .............................................................................................. 12 Students Activities .................................................................................................... 13 Campus Facilities ....................................................................................................... 14 Staff Strength .............................................................................................................. 16 Community Development ..................................................................................... 18

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Vice-Chancellor’s Message .........................................................................................4

Annual Report Compliance Certificate .................................................................5

The Visitor .........................................................................................................................6

The Chancellor ...............................................................................................................7

Establishment of the University ..............................................................................8

Accreditations .................................................................................................................9

Officers of the University ............................................................................................9

Authorities of the University .................................................................................10

University Activities

Highlights of the year ..............................................................................................12

Students Activities ....................................................................................................13

Campus Facilities .......................................................................................................14

Staff Strength ..............................................................................................................16

Community Development .....................................................................................18

Annual Report: Sikkim 2013-144

The ICFAI University, Sikkim MESSAGE FROM THE VICE CHANCELLOR

ANNUAL REPORT 2013-2014

His Excellency,

The Governor of Sikkim

It gives me great pleasure to present the Ninth Annual Report of The ICFAI University, Sikkim for the year 2013-14. The University has continued to be an arena of higher education where the future is full of opportunities and promises. IUS emphasizes on imparting excellent education to our students in an encouraging environment; equal attention is paid to the all-round development of our students.

Today the horizons of professional activities are expanding and hence there is considerable scope for the younger generations to uncap their talents and touch greater heights of achievement. Since the educational situation in our country has become quite dynamic and competitive, we have to be ready and equipped with the required abilities and capacities to conquer these ������������ � ������������������������������������ ���������������������committed to provide the students excellent education, practical training and facilities in the career they have chosen to pursue. To achieve this The IUS continuously updates its courses and syllabi, keeping in view the changing needs of different professions, industries and social landscape as such.

Our Placement Team and Training Cell for career development program enable our ������������������������������������������������������������������������������and develop their personality. The University has achieved excellent placement with our ���������������������������������������������������������������������������������� ��� ��������� ��������� ��� ���� ���� ������� ��� ����������� ��������According to our placement report of 2013-14 ninety three students were placed in various reputed companies. Our leading recruiters are Axis Bank, IBM Global Process services, ICICI Bank, Mahindra Satyam, Mayfair Hotels, Royal Sarovar Hotel, Sibin Group, Oberoi Group, Thomas Cook, The ITC Sonar Kolkata, Thomson Digital, Wipro, Yes Bank, etc.

!����������������������������������������������������"������������#������������considered admissions campaign, students from Bhutan have found the University an attractive destination.

The University expresses appreciation and gratitude to the Government of Sikkim for the continuous support which has spurred the University to pursue qualitative �������������������������������������"���������������������������������������of Business Administration, Hospitality and Tourism, Information Technology and Law thus enhancing the employability of the students of Sikkim, neighboring areas and friendly foreign countries in the vicinity as also provide opportunities elsewhere including pursuit of higher studies by the graduating students.

We want our students to be well educated, well trained and to become responsible citizens.

SG Tashi Vice Chancellor

Annual Report: Sikkim 2013-14 5

ANNUAL REPORT 2013-2014

The Ninth Annual Report of the Institute of Chartered Financial Analysts of India University, Sikkim relates to the period from 01-04-2013 to 31-03-2014.

This is in compliance of Section 44 of the Institute of Chartered Financial Analysts of India University, Sikkim Act 2004, (Act No. 9 of 2004).

Annual Report: Sikkim 2013-146

THE VISITOR

His Excellency

Shri Srinivas PatilThe Governor of Sikkim

Annual Report: Sikkim 2013-14 7

THE CHANCELLOR

Dr SA Dave Chancellor

Annual Report: Sikkim 2013-148

The University was established under the provisions of section 4(2) of the Institute of Chartered Financial Analysts of India University, Sikkim Act 2004 $%��� &��� '� �� � *++/9�� ���� &�����������No. GOS/DTE/2003/VI(18)/1812, dated 20.01.2005 of the Government of Sikkim. The University was sponsored by the Institute of Chartered Financial Analysts of India, a not-for-profit educational society established in 1984 under the Andhra Pradesh (Telangana Area) Public Societies Registration Act, 1350F (Act I of 1350 F).

Headquarters and Campus: The Headquarters of the University is at

Establishment of the UniversityEstablishment of the University

Gangtok, Sikkim. The University believes in creating and disseminating knowledge and skills in core and frontier areas through innovative educational programs, research, consulting and publishing and developing a new cadre of professionals with a high level of competence and deep sense of ethics and commitment to the code of professional conduct.

Website: www.iusikkim.edu.in

UGC Status: The Univers i ty i s empowered by the University Grants Commission (UGC) for award of degrees under Section 22 of the UGC Act 1956.

Finances: As per the provisions of the %�����������������������>���������������University sponsored by ICFAI Society.

Miscellaneous: The University has complied with the provisions of the RTI Act 2005. The University has also implemented the Policy on Prohibiting Discrimination and Sexual Harassment. Implementation of the Policy on Prevention of ragging has been given effect.

Annual Report: Sikkim 2013-14 9

Contribution of the University:

?� @�������� ����>��>���>�� ��campus with the requisite infrastructure

?� J����������������������������development

?� %������ � ���� � ������������of services sector through manpower training

?� @���� ���� ��� � � �� � � ������education at a lower fee to the citizens of Sikkim and adjoining States and also the neighbouring countries of Bhutan and Nepal.

Amendments to Act/Statutes/ Rules:

SETTLEMENT

The American Institute and the ICFAI as also FEDUNI representing the ICFAI Universities initiated negotiations towards settlement of all outstanding disputes. These negotiations conducted over a period of two years were fruitful and �������� ��� *Q� X��� *+Z*�� ���� ����������agreement was signed by the parties at Washington DC, USA. Subsequently, this Agreement was ratified by the Boards of American Institute and ICFAI Society, FEDUNI and CCFA. The two relevant clauses of this settlement agreement which impact upon the ICFAI Universities are as under:

(a) The ICFAI Society and the ICFAI Universities have an unhindered right to use the trade names/marks either “ICFAI”, “Icfai” and/or “icfai”, but will immediately cease using “Institute of Chartered Financial Analysts”. In furtherance, the ICFAI

Society and the ICFAI Universities will change their respective legal and trade names wherever necessary such that the words “Institute of Chartered Financial Analysts” (in full form) are deleted.

(b) The ICFAI Society, CCFA and the ICFAI Universities will not use their trade names, trademarks or designations, CFA,CCFA , Chartered Financial Analyst, Institute of Chartered Financial Analysts of India, Council of Chartered Financial %�������J�������!���������%�������Cert FA, ChFA, CAFA or Association of International Market Research or AIMR.

In order to comply with the relevant clauses in the Settlement Agreement, certain amendments are required to be made to the ACT, Rules and First Statutes for which the University has approached the Government of Sikkim.

Annual Report: Sikkim 2013-1410

Accreditations

Bar Council of India (BCI)

The Bar Council of India initially granted approval for offering BBA-LLB (Hons.). B.Com-LLB (Hons.) and 3 year LLB Programs vide their letter No. BCI: D: /376/ 2010. The approval has once been renewed to continue the BBA-LLB Program w.e.f. current academic year.

Distance Education Council

The University has received the recognition of the Distance Education Council for programs of the University through distance mode vide the letter No. F.DEC/Sik/ICFAI/08/15387.

Membership

The University is a member of

1. Association of Indian Universities (AIU)

2. Federation of Universities India (FedUni)

Officers of the University

Visitor HE Shri Srinivas Patil

Chancellor Dr SA Dave

[����J����������$\���������9 Mr SG Tashi

]��������$\���������9 Brig SC Joshi

!�������\����� Ms Y Ratna Bhanu

Annual Report: Sikkim 2013-14 11

Board of Management

Mr SG Tashi, The Vice Chancellor

Brig SC Joshi, The Registrar

Ms Dipa Basnet, Director, Higher Education, HRD Department, Call @ 09475517535

Mr R Prasad [email protected], Call @ 09848498253

Mr Sudhakar Rao [email protected], Call @ 09848529385

Mr RR Reddy [email protected], Call @ 08008403203

Mr JP Ramappa [email protected], Call @ 09848480206

Academic CouncilMr SG Tashi, Vice Chancellor

Brig SC Joshi, YSM, VSM, Retd, Registrar

Mr Sonam T Venchungpa, Associate Dean

Dr Ajeya Jha

Dr SS Mahapatra

Dr M Choubey

Dr D Purohit

Ms Panita Lama

Ms Smriti Rai

Ms Soni Subedi

Ms Tashi Chyozam

Board of Governors

Dr SA Dave, The Chancellor [email protected], Call @ 09820097218

Mr SG Tashi, The Vice Chancellor $\���������9�����������`������com, Call @ 09434066981

Dr Thomas Chandy, IFS, Secretary, Human Resource Development Department [email protected], Call @ 07872478000

Dr TRK Rao, [email protected], Call @ 09440808927

Dr VRK Prasad, [email protected], Call @ 09848198384

Mr Kalyan Debnath [email protected], Call @ 09830177808

Dr GP Srivastava [email protected], Call @ 08890374000

Prof YK Bhushan [email protected], Call @ 09820038307

Dr. Shyam Bhadra Medhi, IAS (Retired)

Padmashree Norden T Bhutia

Brig SC Joshi, YSM, VSM, Retd., {">\������X�����

Finance Committee

Prof SG Tashi, Vice Chancellor

Prof Brig SC Joshi, YSM, VSM, Retd., Registrar

Ms Y. Ratna Bhanu, !�������\�����

Meetings of the University

Authorities

Regular meetings of the University Author i t i e s v iz . , Board of Governors, Board of Management, Academic Council and Finance Committee have been held as per statutory guidelines.

Authorities of the University

Annual Report: Sikkim 2013-1412

University ActivitiesHighlights of the year

i. Distinguished Visitors to the Campus (Faculty-wise)

(List of Faculties: Faculty of Management Studies (FMS) and (IBS) / Faculty of Science & Technology (FST)/ Faculty of Edu-�������$!�{9}�!��������� �~���$!�~99�$��������������������*+Z/�������������������������������������������9

Name Designation / Organization/ Institution Date

Dr Ajeya Jha HOD, Dept of Mgmt. Studies, SMIT 25th Feb, 2014Dr SS Mahapatra Principal,Sikkim Govt. College, Gangtok 25th Feb, 2014Dr M Choubey HOD, Commece Dept. Sikkim University 25th Feb, 2014Dr D Purohit HOD, Maths Dept, SGC 25th Feb, 2014Dr. G P Srivastava VC, The ICFAI University, Jaipur 25th & 26th Nov, 2013

ii Faculty Activity:

Conferences / Seminars / Workshops attended / Papers presented

Name Title of the paper presented Name of the Conference / Seminar Venue Date

Tathagata Dasgupta

- Workshop on Business Research Techniques using SPSS. IBS Gurgaon

April 26-27, 2014 –

Attended the Workshop

Social Entrepreneurship and Value Addition to Indian Society Colloquium 2014 RCOEM, Nagpur March

3-4, 2014

- Lean Six Sigma Green Belt Training Workshop IBS Kolkata February 21-23, 2014

Teenage Entrepreneurship in IndiaNational Seminar on ‘Integrating Development with Entrepreneurial Advancement and Leadership’

Asian Business School, Noida

September 13, 2013

P. K.Rai

Management/Principles & practices

Training Module for Agri Clinic & Agri business Centre Scheme) Organized by SAMETI (State Agricultural Management Extension & Training Institute)Sikkim under MANAGE, Hyderabad Group.

ICAR, Gangtok 15/03/14

Human Resources Development/Basic Principles/Practices

Training Module for Agri Clinic & Agri business Centre Scheme) Same as above 22/03/14

Strategic Organization Design Training Module for Agri Clinic & Agri business Centre Scheme) Same as above 29/03/14

Ajit Karki

“A Discussion on Elliptic Curve Cryptography and its application”

“International Journal of Research in Advent Technology” (IJRAT)[ E-ISSN: 2321–9637] , Volume 2, Issue 3,

Publication 15 March 2014.

“ECC-A New Approach to Public Key Cryptography”

�������������������������� �����������{�����������and Research” (IJSER) [ISSN : 2347-3878]Volume 2 Issue 3,.

Publication 28 March 2014

Invitee Lectures conducted

Resource person Topic Date

Brig. SC Joshi, YSM, VSM, Retd. Reigstrar

Operation of Interventions and its logistics management in Maldives - November 1988

6th - 8th November, 2013 at College of Defence Management

and College of Air Warfare, Secunderabad.

Logistics in UN Peace Keeping

Publications: See (i) above

Annual Report: Sikkim 2013-14 13

Student Activities

Fresher Welcome Party: A Freshers’ Welcome Party was organized on August 19, 2013 to welcome the fresh batch of students from Sikkim, Darjeeling, Nepal and Bhutan to join the ICFAI family. Various cultural events were organized to show case the culture of Nepal & Bhutan and Sikkim. Mr. Tsewang Rinzing was adjudged as Mr Fresher & Miss Seema Limboo was honoured as Miss Fresher. The titles of Best Personality & Best Dress were awarded to Ms. Pema and Ms Alka Sharma respectively.

Tree Plantation Drive: The Students of ICFAI University, Sikkim led by Brig. S.C. Joshi, Registrar, and Mr S T Venchungpa, Associate Dean, planted more than 100 trees in the campus on 21st July, 2013. Fruit trees like guava, avocado and banana were planted as a ����� �� � ���� �������������� ����� �� � ����campus.

Football Match: Our Students participated in the Independence Day Football Tournament (2013) of Sichey Area. They had an opportunity to show their prowess as a footballer and were ����������������������>�����

������� ����� � �������� A team of twenty students of our University led by Mr Sohail Taslim, Asst. Manager- %������� ������#�� �� �������Awareness Program in Darjeeling town from 16th January to 19th January, 2014. This effort was highly appreciated by the local population and the Superintendent of Police, Darjeeling District.

Volleyball Tournament: An inter-departmental Volleyball Tournament was organized in the month of March, 2014. This tournament was organized for the �����������������������������X���������Taslim with additional responsibility as Sports In-charge. It was witnessed by VC, Registrar, Dean, Mr. Sudhakar Rao, Branding Director, faculty members and staff of the University. There were six teams of students and even a team of our energetic staff and faculty members. ���������[�$��%9���������������������winner. The Tournament also included an exhibition match played by girls of IUS.

Soft Skills Fest: ICFAI University Sikkim organized a two day program. First day was of soft skills along with demonstration based on the theme “Best out of Waste”. Apart from

other activities, students from various disciplines prepared various usable items from the recycled waste materials ranging from shopping bags, pen stands, ����>���� �� ���������� ������ �������village models etc. Amongst all, the most creative article that drew everyone’s attention was the “green house” made from used plastic water bottles. The same was prepared by (Soft Skills Trainer) Ms Tenzin Choden’s “The Red Team” which bagged the First prize.

Farewell Party to the Outgoing Students (2011-14): A Farewell Party was organized to bid farewell to all the outgoing batches. Students from various batches shared their experiences and thanked the University in helping them discover and nurture the real potential in them. The daylong programme included dancing, singing, sharing experiences, poetries followed by socials. Three students namely Leela Nepal, Om Dorji and Anuska Sharma were awarded with Gold Medals for their excellent academic performance.

Management cum Law Fest: This fest was held on 23rd Nov, 2013. It was a combination of literary events, quizzes and cultural activities. The theme of the fest was creativity and innovation.

Annual Report: Sikkim 2013-1414

Campus Facilities1. Projects :

Phase AreaFacilities provided

Date of completion

I 54,000 Sq Ft

All modern facilities including ��>�����

Phase – I completed and handed over on July 2011 from 2011-12 Academic session

Academic Infrastructure

Library Facilities: The following are available in the University Library

S.No Category Description Total

1 BooksNo. of Titles 2385 No. of Volumes 8028

2 PeriodicalsMagazines 1769 (33Titles) Journals 3589 (46 Title)

3 Newspapers 5 Computer Facilities: For faculty, staff and students with broadband internet connectivityLaboratory and Computer Centre:

Spacious computer lab and Centre equipped with 40 computers, 2 servers (Windows 2003 and Linux 8), with BSNL broadband internet link. Other Infrastructure

Placement Cell: �%����������� ����������������� ����� ��������������� ���two support staff is functional to facilitate campus recruitment as well as off campus placement from Kolkata.

Sports Facilities: One Volleyball ground and one Badminton court.

Constituents, Programs and Faculty

Faculties of the University:

Faculty of Management Studies (FMS)

BBA 3-Year Regular Campus-based UG ProgramBHTM 3-Year Regular Campus-based UG ProgramMBA 2-year Regular Campus-based PG Program

Faculty of Science & Technology (FST)

BCA 3-Year Regular Campus-based UG Program

Faculty of Commerce

BCom (Hons) & BCom

3-Year Regular Campus-based UG Programs

Programs Offered

S. No. Name of the

program Year of

commencement

1 BBA 2005-06 2 BCA 2006-07 3 BHTM 2007-08 4 MBA 2010-11 5 BBA-LLB 2011-12

Brief description / Salient/Unique features and Admission Procedure for each Program

Eligibility:

UG Program: Pass in 10+ 2 in any discipline with aggregate 40% and above. Z+��*����������������!�����������������������������������������eligibility requirements.

BBA-LLB Program: Pass in 10+ 2 in any discipline with aggregate 50% and above. Z+�*����������������!�����������������������������������������eligibility requirements. Maximum age of the student should be 20 years at the time of admission.

PG Program: Graduation in any discipline with 45% and above aggregate marks. / Final year degree students awaiting results subject to ��������������������������������������������

Virtual Reality Tour

Branding & Communications Department of ICFAI Group has arranged to develop a Virtual Reality 360° walk through of campus. The team undertook several sessions of pictures shooting of the campus and students. The link is now available and the visitors of the University website would be able to virtually take a tour of the campus from the website.

Annual Report: Sikkim 2013-14 15

Student Strength

ProgramYear

2010-11 2011-12 2013-14 2013-14 Total

BBA 14 158 88 74 334BCA 8 71 30 28 137BHTM 6 68 26 23 123MBA 1 1 4 8 14BBA-LLB 0 11 11 8 30

Total 29 309 159 141 638

Students Graduated from the Campus during 2012-13

ProgramNo. of Students

Graduated

BBA 62BCA 32

BHTM 11MBA 9Total 114

Placements (As on 31st March 2014)

Stream BatchStudent Strength

Stduent opted for Placement

Students Placed

Students yet to be placed

%

BBA 2011-14 158 61 36 25 59BCA 2011-14 72 32 27 5 84BHTM 2011-14 68 37 28 9 76MBA 2012-14 4 4 2 2 50

Total 302 134 93* 41** 69

* Includes 4 students from Bhutan. ** Mostly Bhutan students have opted for placement only in their own country.

Annual Report: Sikkim 2013-1416

Staff Strength

ADMINISTRATION

1 Mr SG Tashi Vice Chancellor 2 Brig SC Joshi, YSM, VSM,

RetdRegistrar

3 Ms Benu kharga %������������\�����4 Mr Dola Ram Giri Assistant (Academics)5 Ms Chunnu Pradhan \�����X��

ACCOUNTS

6 Mr Balram Khaling %������%�������������7 Ms Pasang L Sherpa Accounts Assistant

ADMISSIONS

8 Mr Subhojyoti Ghosh Senior Lecturer, Marketing Coordinator

9 Mr Sohail Taslim Assistant Manager10 Mr Varun Chettri X�� ������\�����11 Ongmu Bhutia Senior Cousellor12 Mr Feroj Mansuri Marketing Executive13 Ms Sona Mothey Marketing Executive

DISTANCE EDUCATION

14 Mr Avinash Pradhan FLP Executive

EXAMINATIONS

15 Mr Rohit Rathi Examination Coordinator, Faculty Associate

16 Ms Nirmala Rai Faculty Associate, Asst Exams Coordinator

17 Ms Seom Lepcha Examination Assistant18 Ms Mayalmit Lepcha Examination (cum-HR)

Assistant PLACEMENTS

19 Mr UTB Dora @����������\��������������SYSTEMS & MAINTENANCE

20 Mr Md Kaish Ahmed Systems Administrator21 Mr Uttam Sharma Asst Systems

Administrator22 Mr Subash Darnal Technician

Annual Report: Sikkim 2013-14 17

LIBRARY

23 Kunchok Choden Bhutia LibrarianFACULTY: MANAGEMENT

24 Mr ST Venchungpa Associate Dean25 Mr Subhojyoti Ghosh Sr Lecturer, Economics26 Mr Rishi Thapa Lecturer (Finance)27 Mrs Neela Thapa Lecturer (Marketing)

Mr Binay Chettri* Faculty Associate**Scheduled to be released wef July 2014

28 Ms Rashmi Rai Lecturer (Marketing)29 Mr Tathagata Dasgupta Lecturer (Operations)30 Ms Bandana Chettri Lecturer- HRM31 Ms Jyoti kumari Sharma Faculty Associate

(Economics)32 Mr Rohit Rathi Lecturer (Finance)33 Ms Chheten Lhamu Sherpa Lecturer34 Mr Bimal Thapa Lecturer 35 Ms Sweta Chhetri Lecturer

FACULTY: LAW

36 Ms Soni Subedi Lecturer37 Mr Pritam Gurung Lecturer

FACULTY: SCIENCE & TECHNOLOGY

38 Mr Ajit Karki Junior Faculty Member39 Ms Panita Lama Lecturer

Mr Deewakar Pradhan** Faculty Associate****Resigned – release letter awaited.

FACULTY: HOSPITALITY & TOURISM

40 Mr Uttam Rai Facuty AssociateMs Nirmala Rai Facuty Associate

41 Ms Smriti Rai LecturerSOFT SKILLS

42 Mr PK Rai Senior Lecturer- English43 Mrs Tashi Chyozem Lecturer44 Ms Anugrah Saharaja Lecturer45 Ms Tenzing Choden Lecturer46 Ms Thinley Pemu Bhutia Faculty Associate47 Ms Rita Lamichaney Faculty Associate

Annual Report: Sikkim 2013-1418

Community DevelopmentThe University is extending support to the Alpha Foundation, a Charitable Trust which supports the activities of Alpha Center for Learning (ALC) providing free Pre-School Education and basic education to less privileged children. ALC also provides Midday meals to these children. Extra-curricular activities such as sports, singing, dancing and recitations are Community Development conducted on a regular basis. As the saying goes ‘Health is Wealth’ health camps are conducted on a monthly basis with distribution of free medicines and vitamins. Health Camps, and Awareness programmes were conducted for community development.

Though this foundation ceased its activities w.e.f. 1st September 2011, the responsibility was undertaken by some faculty and staff members on voluntary basis mobilizing funds locally. It was accordingly renamed as Sikkim Alpha Society under the Chairmanship Mr. S G Tashi and has since continued the function of ALC.

VISITING FACULTY MEMBERS

1 Mr Lhendup C Bhutia BHTM2 Ms Tshering Uden Bhutia BHTM3 Mr Sagarmani Dhakal Law4 Mr Tenzing Dorjee Bhutia Management5 Ms Sera Wongdi Psychology6 Mr Nyima Tenzing Economics7 Mr Kushal Chettri Law8 Ms Puja Khatiwada Law9 Ms Jyoti Khulal Law10 Ms Tshering Wongmu Bhutia Management11 Mr Anil Chettri IT12 Ms Deepa Rai IT13 Mr Anil Khati IT14 Mr Aditya Rai Management15 Ms Pavitra Chettri IT16 Ms Tshering L Bhutia Management

DAILY WAGES STAFF

1 Mr Tulsi Giri Peon2 Mr Bhim Bdr Chettri Safai Karmachari3 Mr Purna Chettri Chowkidar (IUS)4 Mr Bhawani Sharma - Do-5 Ms Bimla Biswakarma Safai Karmachari6 Mr Umang Tamang Plumber7 Mr Dal Bahadur Rai \��������8 Mr Ashok Rai Safai Karmachari9 Mr Phip Raj Rai \��������10 Mr Binod Baraily Library Assistant11 Mr Sonam D. Yolmo Security Guard12 Mr Suresh Chettri Security Guard13 Mr Dilip kumar Subba Security Guard14 Mr Tek bahadur Security Guard15 Mr Manoj Rai Security Guard

Distance EducationThe University has received approval from the Distance Education Council for offering programs of the University through distance mode vide their letter No. F.DEC/Sik/ICFAI/08/15387 dated 03.11.2008.

The University is offering MBA Program on distance mode.