INNOVATIVE TEACHING – LEARNING METHODS

1. Gamification
2. Case Study Methodology
3. Virtual Stock Game
4. Industry Interaction
5. Role Play
6. Service Learning Activities
7. Internship and Industry -based Projects
8. Group Discussions
9. Language Lab
10. Study circles

2. Case Study Methodology

Case study method of teaching and learning are widely used by the faculty members of FISAT Business School to provide experiential learning to the students and to improve their decision making and analytical skills. It is a highly effective tool for gaining practical insights to management problems and forces the students to make decisions from the perspective of a practising manager. Cases are narratives that contain information and invite analysis. Participants are put in the position of making decisions or evaluations based on the information available. Cases can be acquired from the formal, purpose written material available from such sources as the Harvard Business School and the Kennedy School or constructed by faculty members from newspaper articles, cartoons, radio stories and even grocery store coupons and fliers. Cases can involve situations in which decisions must be made or problems solved, or they can involve evaluation or reconsideration of existing policies, practices or proposals. Effective cases are usually based on real events, but can be drawn from both the present and the past, even the distant past. Cases require students to make choices about what theory or concepts to apply in conducting the analysis, which is distinct from the one to one correspondence between theory and application that they see in their textbooks or hear in lectures.

3. Virtual Stock Game

In order to help students acquire relevant knowledge on various financial investments in this rapidly changing environment of the global economy, it is crucial for educators to identify game elements that will attract students and keep them focused on learning. In FBS, we use a virtual stock game for the students in finance classes to enhance student engagement and motivation in their learning. The students are able to benefit from learning consequences including practice for financial planning, accumulation of investment experience, enhancement of team learning, increased practical experience, and pursue human values such as sense of achievement, and warm interpersonal relationships.

4. Industry Interaction

Industry interaction is essential for ensuring that practice meets theory across all functional areas. It goes a long way in enhancing a student’s interpersonal skills and making him/her industry-ready. Such interactions are not always limited to just case discussions or internships. At FBS, the Industry-institute interaction cell organises activities like panel discussions, lecture series, colloquy,conclaves conferences and summits to bring together thinkers, experts and practitioners so that students can massively benefit from intensive mentoring by enthusiastic and highly committed industry professionals.

5. Role Play @ FBS

Role playing is a learning structure that allows students to apply content right away by putting them in the shoes of a decision maker who must make a decision about a policy, resource allocation, or any other outcome. Individual students or groups of students can play these roles in a more sophisticated scenario. Role plays immerse students in real-life events or scenarios that can be stressful, unfamiliar, difficult, or contentious, forcing them to reflect on their own sentiments toward people and their circumstances. Role play exercises, unlike simulations and games, are typically short and spontaneous presentations.

6. Service Learning Activities

Service-learning is an experiential learning pedagogy that moves students beyond the classroom to become active participants in their learning and develop civic knowledge and skills. Students get opportunities to associate with local, national, and international non-profit and public organisations to deeply learn and practice the contents which they have learned in courses related to ethics, environment and sustainability etc.  by working on a real, community-identified need. In FBS, students participate in various extension and outreach activities in collaboration with NGOs like Plan@Earth.

 7.Internships and Industry-based projects

Internships allow students to put what they’ve learned in class into practice and get work experience that will be relevant to their future careers.  Summer internships also provide a valuable opportunity to collaborate closely with specialists in the industry while also gaining knowledge, skills, and experience relevant to the career aspirations of the student. Internships can lead to new contacts, mentors, and references. Students at FBS are encouraged to take-up industry-related internships and projects in order to gain real-world experience and engage with industry professionals.

8. Group Discussion

Group Discussions are held at FBS to help students prepare for their placement.It enables a student to practice discussing and debating the topic at hand, as well as express one’s opinions on serious subjects and in official settings. It increases a student’s thinking, listening, and speaking abilities. It also boosts one’s self confidence.

It’s a useful tool for problem-solving, decision-making, and personality evaluation. Academic performance, popularity, and a successful entrance or job offer may all be enhanced by GD skills. As a result, being able to participate in a GD effectively and confidently helps a student to go through the placement process easily.

9. Language Lab

The FISAT language lab is a state-of-the-art facility for inculcating reading, writing and listening skills in English language among the students. Language labs are an effective and popular aid of language learning in the modern world. Language lab sessions are very useful for students to improve their soft skills which gives a tremendous boost to their employability. These sessions are also beneficial to those students who wish to pursue their studies abroad after their graduation and also for those who wish to take standardised tests like IELTS and TOEFL. Apart from enhancing their communication skills and soft-skills, language lab activities additionally help the students in developing their overall personality and in boosting their self-confidence.

10. Study Circles

To facilitate peer learning, at FBS we have study circles to help the slow learners. It is a practice wherein small groups of students meet multiple times to discuss difficult topics and problems especially in the case of papers like Accounting, Financial Management, etc.