Objective:
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.
Context:
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
Practice:
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:
Running Towards Success on the academic year 2023-24:
The Valluvar Foundation and Sustainability has entered into a Memorandum of Understanding (MoU) with Karur Vysya Bank (KVB) Pvt. Ltd. The main purpose of this MoU is to create financial awareness among the public. Key initiatives under this partnership include:
The Valluvar Foundation currently has two members who have successfully opened over 400 accounts across Tamil Nadu, significantly contributing to financial inclusion and literacy.
Best Practice - II
Title of the Practice: S.H.I.N.E –Students’ Holistic Improvement through Nurturing of Essential Skills.
Objectives
The SHINE initiative is committed in fostering an environment conducive to highly competitive career and placement opportunities. By integrating academic excellence with extracurricular activities, the program ensures that all students, including those from underprivileged backgrounds, have access to the resources and support they need to succeed. Collaboration with the student council, faculty representatives and industry partners plays a pivotal role in ensuring the holistic development of students. One of the primary challenges faced by SHINE is building trust with industry partners, which is vital for securing placements and career opportunities.
The college follows a comprehensive approach, combining various best practices that include:
1. Leadership Mentoring:
Objective: To nurture leadership qualities in students from rural areas, equipping them with essential skills for personal and professional growth.
Description: SHINE, a key initiative at Valluvar College of Science and Management, is dedicated in creating a supportive learning environment for students from rural backgrounds who may lack exposure to advanced knowledge and opportunities. Through a combination of academic and non-academic clubs, cells, guest lectures and seminars, SHINE focuses on enhancing communication and leadership skills. This mentoring program aims to build confidence, foster leadership qualities and prepare students to take on leadership roles in their communities and careers.
2. Placement Training:
Objective: To equip students with the employ-ability skills required by the industry, ensuring they are job-ready upon graduation.
Description: The Placement Training program at Valluvar College of Science and Management is designed to prepare students for the competitive job market. The training focuses on key employability skills, such as effective communication, logical reasoning, quantitative reasoning, technical aptitude and general aptitude. By providing structured guidance through mock interviews, group discussions and skill development workshops, the program ensures that students are confident, competent and well-prepared to secure placements in top organizations.
3. Simulation Training:
Objective: To provide practical, hands-on training that helps students transition smoothly into the workforce by developing real-world skills.
Description: At Valluvar College, we prioritize experiential learning through our Simulation Training program, which offers students opportunities to work on real-life projects, participate in field trips and collaborate with industries. Using problem-based case studies, students gain practical insights into the challenges and dynamics of the workplace. This approach helps students acquire the relevant skills and knowledge needed to meet the demands of their future careers and contribute meaningfully to their communities.
4. Value Added Courses:
Objective: To enhance students' skills and knowledge beyond the standard curriculum, making them more competitive in the job market.
Description: Valluvar College offers a variety of Value Added Courses designed to equip students with industry-specific skills and expertise that complement their academic learning. These courses focus on emerging fields such as digital marketing, data analytics, entrepreneurship and soft skills development. By providing students with practical knowledge and technical proficiency, these courses improve their employ-ability and prepare them for real-world challenges. The college ensures that these value-added programs align with current industry trends, helping students stay ahead in a rapidly evolving job market.
5. Scholarships:
Valluvar College offers two annual scholarship schemes in memory of the founding fathers of the college:
This scholarship is awarded to students based on their performance in the +2 examination. Students scoring between 350 and 600 marks are eligible for scholarships ranging from Rs. 1000 to Rs. 3000.
This scholarship supports students from families with an annual income of less than Rs. 1 Lakh. Eligible students receive Rs. 4000 annually for the entire duration of their course.
The above five practices, work together in a structured three-stage teaching-learning process:
Preparation and Skill Development: Students undergo rigorous training in both academic and non-academic areas, ensuring they develop the necessary skills for their careers.
Industry Exposure and Networking: Through internships, field visits and industry collaborations, students are exposed to real-world practices, building their professional network and understanding industry dynamics.
Placement and Career Guidance: The institution provides career counseling, interview preparation and job placement services, ensuring students are well-equipped to enter the job market confidently.
By combining these practices, Valluvar College ensures a holistic learning experience that nurtures students academically, personally and professionally, helping them succeed in both their careers and life.
The Practice
The Training and Placement Cell at Valluvar College provides comprehensive training programs and workshops aimed at making students job-ready. These include:
Certificate Course on Career Readiness for final-year students.
Career guidance workshops focused on bank and IBPS examinations.
Guidance and training for CUB campus recruitment.
Corporate readiness skill training programs.
Motivational and counseling programs for IPS aspirants.
Workshops and seminars on employ-ability skills such as resume building, interview techniques and communication skills.
TCS training programs for SC/ST students and underprivileged communities.
ICAI career counseling programs on CMA examinations.
Counseling and inspiration talks for competitive examination preparation.
These programs are designed to ensure the holistic development of students, making them industry-ready and confident in their chosen career paths.
Evidence of Success
Many students come from rural and suburban areas, where they face challenges such as a lack of proper communication skills, technical knowledge, internet access and financial support. These obstacles make it difficult to prepare them for the competitive job market. One of the major challenges was creating a supportive environment for skill-based training, which included teaching etiquette, preparing for interviews and aligning with industry expectations. The challenge was heightened by the students' initial resistance to skill-based workshops due to their unfamiliarity with such training. However, the placement training modules and the certificate course have helped in speeding up the process, ensuring that students were gradually introduced to essential career skills. Over time, the success of these initiatives has led to increased participation and confidence among students, allowing them to become job-ready.
