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At SIMS, there is an ongoing quest for knowledge and improvement. This quest is now to be reflected in our in-house refereed research journal, ‘JIDNYASA : Thirst for Knowledge’. JIDNYASA in Sanskrit carries a meaning that is in deep resonance with the core ideology that goes behind any institute of learning in the world: The Thirst for Knowledge. Jidnyasa is being launched with a dual objective. The first objective is to nurture a culture of disciplined and focused research amongst our students as well as faculty. The second objective is to provide a medium for the entire SIMS community to enrich itself from research carried out by its peers.
In addition to JIDNYASA, SIMS has encouraged its faculty as well as student managers to try and understand business trends through varied research projects both sponsored as well as non-sponsored. It has encouraged its full time faculty to enrol for PhD programmes. Faculty are engaged in PhD research in diverse areas like Finance, Automobile Industry, Rural Marketing, and Marketing Practices with reference to professional ethics, Organizational Behaviour, and Strategic Economic Convergence. In addition, some student managers conduct research in companies by way of summer projects and live projects. The curriculum also demands that every student manager submit a research paper in every subject. Student managers are encouraged to undertake consultancy projects involving detailed research like the Pune Cantonment Board, Traffic Regulation Project, the Parking Solution Project, the PCB Hospital Project, World Military Games, and the TATA Ace project for Piaggio
A Research Committee has been set up in June 2007. This Committee decides the thrust areas for research and actively seeks research opportunities for both faculty as well as student managers. Research has been initiated in a major way in the areas of Corporate Governance (‘Corporate Social Responsibility’ and ‘Improving Internal Controls’) and Banking & Finance (‘Analysis of Customer Satisfaction in Banking Services’ and ‘Risk Management Analysis’).
The institute has collaborated with Leeds Business School for students and faculty exchange programmes and research projects. Four students have taken advantage of the exchange programme and are currently obtaining credits and Diploma at the Leeds Business School. Director has been on a faculty exchange program to Leeds in December 2005 and another faculty also toured Leeds in March 2008 as part of faculty exchange programme. Four faculty of Leeds Business School have conducted classes at SIMS over last two years. The Research projects are to commence in the forthcoming academic year.
The institute is an accredited Centre for Corporate Governance of the National Foundation of Corporate Governance established by the Ministry of Corporate Affairs and CII. It has two ongoing research projects supported by the NFCG, and has received approval for two more projects.
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