Indira School of Business Studies, as an advanced signatory to the Principles for Responsible Management Education (PRME) is committed to the six principles of PRME. The PRME which is a UN initiative is inspired by Global Compact driving businesses to engage in socially responsible and sustainable business practices.

 As institutions of higher education are involved in the development of current and future managers ISBS declares its willingness to progress in the implementation, within our institution, of the following Principles. Starting with those that are more relevant to our capacities and mission, we will report on progress to all our stakeholders and exchange effective practices related to these principles with other academic institutions:

 Principle 1 | Purpose: We will develop the capabilities of students to be future generators of sustainable value for business and society at large and to work for an inclusive and sustainable global economy.

 Principle 2 | Values: We will incorporate into our academic activities and curricula the values of global social responsibility as portrayed in international initiatives such as the United Nations Global Compact.

 Principle 3 | Method: We will create educational frameworks, materials, processes and environments that enable effective learning experiences for responsible leadership.

 Principle 4 | Research: We will engage in conceptual and empirical research that advances our understanding about the role, dynamics, and impact of corporations in the creation of sustainable social, environmental and economic value.

 Principle 5 | Partnership: We will interact with managers of business corporations to extend our knowledge of their challenges in meeting social and environmental responsibilities and to explore jointly effective approaches to meeting these challenges.

 Principle 6 | Dialogue: We will facilitate and support dialog and debate among educators, students, business, government, consumers, media, civil society organizations and other interested groups and stakeholders on critical issues related to global social responsibility and sustainability.

PRME Annaual Report May 2017


Anti-Tobacco Campaign

ISBS students took part in Anti-Tobacco Drive for creating awareness about harmful effects of Smoking and Chewing Tobacco. They communicated their messages thru posters in English and Hindi.

ISBS Felicitation by Navkshitij NGO

Navkshitij a NGO caring for mentally challenged friends felicitated Indira School of Business Studies. ISBS students and faculty have supported Navkshitij in their various activities aimed at improving the lives of mentally challenged friends.

Clothes Donation

Students, Faculty and Director of ISBS undertook a Clothes donation drive. Clothes were collected by the students and given to Goodwill Foundation for distribution to needy members of the society.

Paper Bag making Activity

Students undertook an activity for making Paper bags. This was needed to have a suitable substitute for plastic bags. This activity of the students was aimed at reducing the harmful effects of Plastic pollution.

Visit to Prerna Bhavan

Students visited Prerna Bhavan a NGO caring for physically and mentally challenged friends. They sang songs and played games with these special friends. They gifted some pastries and chocolates to them.

Marathon by Cybage

Students and Faculty participated in the Marathon organized by Cybage company. The Funds raised by this Marathon were to be used for improving the lives of people living in remote villages.

Sant Moni Baba Vriddh Anand Ashram’s Ghazal Program

Students and Faculty supported and managed the Ghazal program organized by Sant Moni Baba Vriddh Anand Ashram. Students managed the tickets sales, registrations, snacks distributions and overall activities for smooth flow of this event. The funds raised from this event were to be utilized for old people’s daily needs and health care.

Inter School Drama Competition for Mentally Challenged Friends

Students and Faculty supported the unique Inter School Drama Competition organized by Navkshitij NGO. This drama competition was for Mentally Challenged friends. Over 150 friends from over 12 schools participated in this competition. Our students managed the event by taking care of the various activities for smooth flow of the event.

Street Play and Walkathon by Special Friends

Our students and Faculty participated in the Street Play and Walkathon for Mentally Challenged friends. This was organized by Navkshitij NGO. The theme for the event was save environment, control water, air, noise and plastic pollution.

Visit to Madhur Bhav Old Age Home

A visit was made to Madhur Bhav Old Age by the students and Faculty. The students interacted with the senior citizens and sang songs for them. They were active listeners to the Sher Shayaries and experiences of these old members.

Financial Literacy & Awareness Program

Managing your finance in today’s dynamic world is imperative and such an essential thing! ISBS understands the need of creating awareness among the community about Financial Planning and is always committed to this cause.

Under the umbrella of PRME, ISBS organises different Community Reach Programs out of which  “Financial Literacy & Awareness Program” for Faculty Members and Staff of “Indira College of Pharmacy, Pune” was one. The session was conducted by Dr Abhinav Jog, Prof Tanay Kurode, Prof Suyog Chachad & ISBS Students on 5th December. Participants found the program, very informative and useful for managing their own money. They understood the importance of Financial Literacy in Personal Financial Planning.

Launch of Centre for Sustainability – “Kalpavruksh”

When was the last time you had a huge lump in your throat watching a skit live?? When was the last time you had seen everyone including the Director, Dep. Director and faculties give a standing ovation as appreciation?? When was the last time you experienced goose bumps hearing a poetry??? And finally when was the last time a 20 something stud spoke his heart out and even broke down on the dais highlighting an issue???
The answer to all the above: NOT UNTIL YESTERDAY…!!!
ISBS celebrated the launch of their very own Centre for Sustainability – “Kalpavruksh” and students highlighted the socially relevant issues facing the society and suggested some innovative solutions to the same..!!!