Value Lab:

Students undertake projects with NGO's and work on upliftment projects of specific region/state and develop model for the economic development using the management principals. Institute has taken initiative to work on the economic development of the State of Meghalaya with International Federation for Agricultural Development - IFAD (Rome).

Value lab initiated a Business Plan Competition for Management schools in Pune - a first in Pune, with a theme of evolving a Business Plan on the following lines :

"Business having Social purpose: paths to Prosperity for everyone" with sub-themes to work on

1. Food for poor
2. Water for poor
3. Clean and green energy for poor
4. Housing for poor
5. e-education for poor

Value lab also organized a Seminar on Corporate Governance, wherein eminent speakers from industry and audit firms .

Eminent Members on the value lab are:

1. Mr.Nitin Deshmukh-CEO-Kotak Private Equity
2. Mr.Sanjay Chougule, Sr. General Manager, ICICI Bank
3. Mr.Daniel Ingty-Director-International federation for Agricultural Development
4. Dr.Prasad Modak- Executive President, Environmental Management Centre

Communication and Personality Lab:
Persona : Knowing Thyself : Individual Personality assessment is carried out using set of Psychometric Tests. Individual counseling is carried out by Counselors and Professional Psychologists to enable the students make more informed decisions about their career and area of specialization. This exercise also helps the students in self assessment and to build the aspired corporate personality. The Psychometric tests administered to evaluate the personality traits include: FIRO-B, MBTI, BDI, SCT, Tolerance to Change, ART.
Objectives of the Activity are:

• Identify the Strengths & Weakness of the Individual students.
• Guide the students on Overall Personality Development.
• Facilitate Recruiters by providing the Students Personality Traits.
• Help the students to explore their Areas of Interest.
• Utilize students' Strengths and align it with their ambitions.
• Aid in refinement of student Career Objectives.

1. Dr. S. W. Deshpande (Behavioral Scientist)
2. Dr. Sarita Deo (HOD, Psychology Dept. UoP)
3. Prof. Vijaya Puranik (Asst Professor, SIMCA)
4. Dr. Sujata Shetty ( Professor, Psychology Dept. UoP)

Market Lab:

Market lab works on collating information on the latest happenings in the market.This is done by way of primary information collection from the market on current happenings in business.This lab in addition to collating information also strives at imparting the latest knowledge to the students in emerging areas of Marketing ,Finance, HR,General Management,Strategic Management , Information technology and the newer developing areas of Management.

Eminent Members of Market Lab are:

1. Mr.Ashok Kumar-MD-Lotus Knowlwealth Pvt Ltd and FCA analyst at CNBC
2. Mr.Manish Bansal-Director-Value Advisors - FCA
3. Dr.A.B.Rao-Ex.Director-IMED -Pune -Expert in Market Research
4. Dr.Sachin Kadam-Professor-Head Bharati Vidyapeeth-IT specialist
5. Dr.Apoorva Palkar-Director-Sinhgad IMCA-Expert Consumer Behaviour
6. Mr.Hemant Tawre-COO - The Mobile Store

Chhaya Lab:

The lab works on the concept of mentor -menteeship programme called Chhaya Lab Student establishes the contact with industry mentor in the very first month of coming to the institute. Mentor aids in student assessment, helps in defining career blueprint for him/her and gives reality check .These mentors have senior positions in the industry in various functional areas.

Eminent Members are:

1. Mr.Marcel Parkar- Chairman -IKYA Staffing Solutions Ltd
2. Mr.Naresh Mehta-Director- Retail Operations - Franchisee - Raymond Ltd
3. Mr.Ravi Kowadkar-Director-Spavvy Machinery Pvt Ltd.
4. Mr.Vijay Deshpande- Sr VP-Greaves Cotton Ltd.
5. Prof Anand Palkar, Director, MERC Inst of Mgmt acts as Coordinator

Business Club Activity:

• Regular scanning and analyses of recent business events.
• Active discussions on current business happenings.
• Informally, compiling the information and creating the repository of knowledge.
• Business club invites professionals to interact with them informally on various emerging theories and practices.
• Students discuss and brainstrome on various issues in Business.
• This club also undertakes discussions on various sectors.Quizzes and extempore form an important activity of this club.

1. Mr.Sujay Joshi-Ex.CFO- Sinar Mas India Ltd
2. Mr Prashant Joshi, Managing Director -PBC, Deutsche Bank
3. Mr.Mohan Nair- Managing Director, Ensigns Healthcare Pvt Ltd
4. Mr Hemant K.T., Executive Director, Ravin Cables Ltd
5. Prof C L Ghalsasi, MERC Inst of Mgmt acts as Coordinator

Lab on Wheels:

Experiential learning helps in honing theoretical skills. Students visit various manufacturing units, NGO's, retail malls.

Lab is headed by Prof. G.R Phadke of the Institute.