Best Practice - I
Title: FINANCIAL LITERACY CELL
Financial Inclusion towards Eradicate Poverty
School Students Savings Schemes
The purpose of this practice is to promote the benefits of savings among School students residing in rural for which Valluvar College takes initiatives by opening bank account for them. This scheme is one of the milestones of our Financial Literacy Cell and had brought a revolution in the field of saving money for their future and will improve the financial status.
Digital Banking helps in strengthening the Economic Growth of our Nation which is the dream of our Prime Minister, Mr. Narendra Modi and in fulfilling his dream Valluvar College had taken it as an objective by educating about Digital Banking and inculcate the practices of savings among School students who reside in rural areas.
To inculcate the Students’ Savings Scheme which work in the line of SDG-1- No Poverty and SDG-4 - Quality Education
Sticking on to the mandates of the UN sustainable goals and UNAI Principles, the College has chosen the main area of focus is to extend its care towards 6th to 8th standard school students, studying in rural areas for School Students Savings Schemes
Financial Literacy Cell students educate the importance of savings and value of money to Government School students since 2012, as to ensure that financial stress should not affect the development among young Indians. It is the motto of this Cell that only Financial Awareness and saving at young age can enable them for a successful life.
Student Ambassador regularly visit schools for creating Financial Awareness, with teachers help, they will identify students who don’t have Savings Account. Those students are motivated to open bank accounts by providing initial amount of Rs.100/- by our College for another three quarters. College will select experienced school teacher to mentor their students.
Frequently mentoring program will be conducted to monitor the entire process. One school was adopted by this cell in which many students got awareness and benefited by this Scheme.
Breeding country chick and poultry is our local business. Our College offers three country chicks to students who save high amount. These students bring back the grownup country hens to sales outlet in our College Premises. Students can sale them and reinvest the money to generate income which has increased financial status. It serves as combination of savings and learns basic of Entrepreneurship.
Evidence of Success:
Best Practice - II
Title of the Practice S.H.I.N.E –Students’ Holistic Improvement through Nurturing of Essential Skills.
The SHINE is committed to nurture an environment which is accessible to highly competitive career and placement opportunities. Our faculties balance academic prerequisites and extracurricular activities to make SHINE open to all students. Through collaboration with student council and faculty representatives, the college is able to facilitate the holistic development of its students. Establishing trust for industry partnerships posed a challenge. The SHINE involves three stages of teaching-learning process.
1. Leadership Mentoring:
Students from rural areas with a lack of adequate knowledge need to be nurtured. Therefore, SHINE focuses on creating a supportive and nurturing learning environment by providing communication and leadership skills through academic and non-academic clubs, cells, guest lectures, and seminars.
2. Placement Training:
Placement Training focuses on building students’ employability skills, such as communication skill, logical reasoning, quantitative reasoning, technical aptitude and general aptitude skills.
3. Simulation Training:
To help students transition into the workforce, we provide them with practical training that prepares them for the demands of the workplace through projects, field trips and industry collaborations. We use problem-based case studies to help students develop practical skills and knowledge that are relevant to their communities.
The Training and Placement Cell of the college provided a comprehensive certificate course titled "A Certificate Course on Career Readiness" to final-year students for placement training. Career guidance workshops for bank and IBPS examinations, guidance cum training for CUB campus recruitments, skill training programs for corporate readiness, motivational and counselling programs for IPS aspirants, workshops and seminars on employability skills, TCS training programs for SC/ST and the underprivileged, ICAI career counselling programs on CMA examinations, counselling programs on life and career, and inspirational talks for competitive examinations are some of the skill-based programs offered by the college for the holistic development of the students.
Evidence of Success
Our students are from rural and suburban areas, and the majority of them are first-time graduates. They were deprived of the necessary resources, like communication, technical knowledge, internet resources, and financial support. So making them job-ready is the biggest struggle that we face. The process includes setting up the students minds by creating a conducive atmosphere and teaching them etiquette and other necessary skills for placement. To involve such students from rural backgrounds in skill-based training workshops is a bit challenging in the beginning, but our placement training, module, and certificate course speeded up the process.