Since the emphasis of the Programme is on self-development, students are expected to continuously monitor their own performance. The faculty also provides regular feedback to the students through formal and informal channels. Grades are communicated to students subject to clearance of dues at the end of each term. These grades may also be communicated to the parents, guardians or sponsors of the students. The faculty, using a combination of the following instruments, formally evaluates students: • Class Participation (CP) • Written Analyses of Cases • Individual/Group Projects and Presentations • Quizzes, Assignments, Tests & Examinations At the beginning of each course, the instructor identifies the instruments that will be used to assess the students’ performance and also the weights assigned to different grading components. Class Participation is assigned a significant weight in all courses. To obtain aggregate scores, letter grades are converted to numeric grades. Letter grades are explained in Table 1 (see page 4).

3.1 Promotion to Second Year Students who accumulate less than 4 LPs in all courses taken in the first year of the Programme are unconditionally promoted to the second year. An unsatisfactory grade U in a 1.0 unit course is treated as equivalent to 2 LPs. An unsatisfactory grade U in a 0.5 unit course will be treated as equivalent to 1 LP. An LP in a 0.5 unit course will be considered as half LP. A student, who accumulates 4 or 4.5 LPs at any stage in the first year, may be separated from the Programme. However, the faculty may decide against separation and the student may be promoted to second year on probation. The faculty decides the conditions for probation on a case-to-case basis depending on overall performance and potential of the student. However to give an idea, the probation conditions can be as follows: A student promoted on probation to second year will have to meet the academic conditions of probation in order to graduate. If a student accumulates more than 1 LP in Term III, it will result in automatic separation from the programme. A student, who has been promoted on probation, accumulates 2 or 2.5 LPs in second year will have to do additional academic work. If a student on probation accumulates 3 or more LPs in second year at any stage he or she will be separated from the programme. In case of readmission the faculty decides readmission requirements on a caseto-case basis by assessing the student’s performance and potential. In addition to the above mentioned requirements all students are required to show satisfactory performance in all CPD courses. Failure to do so may result in additional work as determined by faculty in order to graduate. A student can take a maximum of three leaves from CPD sessions. Exceeding this limit will be considered “incomplete” performance in CPD. These conditions could entail a limit on the maximum number of LPs a student can obtain in the 1st term of the second year or in the second year of the Programme. A student promoted on probation to second year may have the financial aid reduced or suspended. A student who accumulates 5 or more LPs at any stage in first year will be separated from the MBA Programme. In this case there is no faculty review.

3.2 Graduation Requirements A student who is promoted unconditionally to second year and scores 3 LPs or less in all courses in the second year graduates unconditionally. 7 A student, who is promoted on probation to second year, has to meet the probation conditions to graduate. LPs and Us obtained in first year are not counted in the second year limit. An unsatisfactory grade U in a 1.0 unit course is treated as equivalent to 2 LPs. An unsatisfactory grade U in a 0.5 unit course will be treated as equivalent to 1 LP. An LP in a 0.5 unit course will be considered as half LP. A student who receives

3.5 LPs in the second year courses can only graduate through a faculty decision. Such a decision is accompanied by some additional academic work that the student will have to complete before graduation. The faculty decides additional work requirements on reviewing each case individually. The faculty also stipulates the time period within which the additional work requirement has to be completed. A student who accumulates 4 or more LPs in second year will be separated from the MBA Programme. In this case there is no faculty review.

3.3 Separation and Readmission A student, separated during the first year on academic grounds, can apply for readmission to the first year of the MBA Programme. A student separated during second year on academic grounds will be eligible for readmission only after a faculty decision. Students removed from the Programme based on disciplinary grounds may not be considered for readmission. A student who is absent for an extended period of time without permission of the Associate Dean, Academic Programmes, may be separated from the Programme.

3.4 Withdrawal A student in good academic standing may withdraw from the Programme for medical or other genuine reasons. In such a case, the student should submit an application to the Director MBA Programme stating reasons for withdrawal from the Programme. A student who withdraws from the Programme is eligible for readmission. The MBA Admissions Committee decides the conditions for readmission on a case-to-case basis.