The Stipendiary Assignment Program (SAP) is designed for the students of the PG Program of the IBS^®, allowing them to obtain practical work exposure while studying at IBS^®. This Program offers the students an opportunity to work on a part-time basis, as marketing executives to promote various programs and publications of the ICFAI University. SAP is a voluntary program offering a monthly stipend and attractive performance-based incentives, apart from practical work exposure and skill development opportunities.

SAP has been designed to enable IBS^® students to develop skills which will be useful to them in their management careers.

Students will have the opportunity to:

• Develop skills in :

  • Selling and Marketing

  • Communication

  • Presentation

• Develop their overall personality

• Understand the dynamics of market place

• Earn while learn

• Obtain work experience while studying at IBS^®

The trainees while working for SAP can establish industry and social contacts which will be useful to them once they start working. Many of the trainees opting for SAP have been benefited with good Summer Internship Projects, Management Research Projects and have also been able to get good placements in highly reputed corporates. Around 5,000 trainees have benefited through SAP so far.
 

Apart from offering excellent skill development opportunities, SAP also provides the students a source of funds to finance their education at IBS^®. It offers earning opportunities through stipends and performance-based incentives. A number of students from the previous batches were able to pay their monthly living expenses as well as their tuition fee from the income they earned while working with SAP.
 

• All IBS^® students will be given an opportunity to work part-time on various assignments.

• SAP is open to both first and second year students.

• Students who are interested in joining SAP will be given the required training before they get on to the job.

• Students will promote various programs and publications of Icfai University Press and undertake activities initiated by SAP, from time to time.

• Students will be paid an attractive stipend and also performance-based incentives every month.

• A monthly performance standard is specified to evaluate each student. Only those students who maintain the minimum standard consistently will be eligible to continue further in SAP.

• Students who start working with SAP will have flexible hours of work, so that their study sessions are not disturbed.

• Students will be placed under SAP Territory Managers/Officers who will guide them in their various field activities, mentor them and evaluate their performance.

• Students have the flexibility to withdraw from SAP at any time.

• Students will undergo various training activities throughout the two years of their active involvement with SAP by participating in workshops and activities such as seminars, counseling, corporate presentations, training programs in soft skills, etc.

• Students participating in the program are required to conduct themselves with dignity and discipline, and are expected to perform their work with diligence, honesty and integrity.

However,

• SAP is not an offer of employment.

• SAP is available only to the students of the IBS^®.

• Students who are selected to work under SAP will be considered as trainees with the Promotion & Development Department.

Students who are sincere, dedicated and are achievers in the first year of their association with SAP will be groomed as team leaders. These team leaders are expected not only to shoulder team responsibilities but also develop new students to become achievers. The best team leaders are identified and rewarded.

The team leadership opportunity will enable students to develop:

• Leadership skills

• Organization skills

• Team building & motivational skills

• Inter-personal skills

Declaration of SAP Achievers

SAP performers with specific achievements will periodically be declared as SAP achievers. There are several categories of achievers:

• SAP Silver Achiever

• SAP Gold Achiever

• SAP Platinum Achiever

• SAP Ruby Achiever

• SAP Sapphire Achiever

• SAP Diamond Achiever

The achievers of the above categories will be entitled to an additional bonus along with incentives for the prescribed period.

Every year the SAP achievers in various categories will receive rewards and recognition at the All India SAP Achievers Conference, conducted at different locations across the country. The team and individual performance awards are also presented at this conference.
 

A trainee who achieves a minimum of 50 E-Units per quarter will be inducted to the SAP Ruby Club. He/she will be suitably rewarded with a citation, a medallion, a steel gray blazer and a blue tie.
 

A trainee who has qualified twice for SAP Ruby Club membership, will be nominated to the SAP Sapphire Club as a member. He/she will be suitably rewarded with a citation, a medallion and a dark blue blazer and a blue tie.
 

A trainee who has qualified three times for SAP Ruby Club, will be nominated to the SAP Diamond Club. He/she will be suitably rewarded with a citation, a medallion, a black blazer and a blue tie.

Click here for SAP Achievers.