Вы находитесь на странице: 1из 42

Central University of Tamil Nadu

&
Madras School of Economics

I nform ation Brochure


(2016-17)

S.NO

CONTENTS

PAGE NOS.

PROGRAM COORDINATORS AND FACULTY ADVISERS

STUDENT OFFICE

CLASS REPRESENTATIVES

CURRICULUM OF M.A. ACTUARIAL ECONOMICS

M.A. (ACTUARIAL ECONOMICS) CORE COURSES

CURRICULUM OF M.A APPLIED QUANTITATIVE FINANCE

M.A. (APPLIED QUANTITATIVE FINANCE) CORE COURSES

CURRICULUM OF M. A. ENVIRONMENTAL ECONOMICS

M.A. (ENVIRONMENTAL ECONOMICS) CORE COURSES

10

CURRICULUM OF M.A. FINANCIAL ECONOMICS

11

M.A (FINANCIAL ECONOMICS) CORE COURSES

10

12

CURRICULUM OF M.A. GENERAL ECONOMICS

11

13

M.A (GENERAL ECONOMICS) CORE COURSES

12

14

LIST OF ELECTIVES FOR SEMESTER III.

13

15

LIST OF ELECTIVES FOR SEMESTER IV

14

16

LEARNING RESOURCES

15

17

PH.D IN ECONOMICS

15

18

ACADEMIC CALENDAR (JUL-DEC 2016)

16

19

ACADEMIC CALENDAR (JAN-MAY 2017)

18

20

ASSESSMENT AND GRADING

20

21

TEACHING AND EVALUATION REGULATIONS

21

22

GENERAL RULES AND REGULATIONS OF MADRAS SCHOOL


OF ECONOMICS

27

23

INFORMATION AND FACILITIES AT MADRAS SCHOOL OF


ECONOMICS

29

24

MSE HOLIDAY LIST 2016

30

25

RULES AND REGULATIONS FOR MSE HOSTEL

31

26

FEES PAYABLE BY THE STUDENTS

37

1. Program Coordinators and Faculty Advisers


Students admitted into CUTN-MSE M.A. programs in Actuarial Economics (AE),
Applied Quantitative Finance (AQF), Environmental Economics (EE), Financial
Economics (FE) and General Economics (GE) are required to approach their
respective Program Coordinators and Faculty Advisers for any clarification
regarding their courses. The faculty advisers will provide assistance to the
students in planning their courses of study.
Names of Program Coordinators and Faculty Advisers
M.A. Program
General Economics &
Environmental
Economics
Financial Economics,
Applied Quantitative
Finance & Actuarial
Economics

Faculty Advisors for First


year
Dr. Shrabani Mukherjee

Faculty Advisors for


Second Year
Ms. Sowmya Dhanaraj

Dr. Sunil Paul

Dr. Ekta Salerka

Student Office

The entire student related administrative matters are coordinated by the


Students Office. Ms. Sudha Baskaran is the Head Student Coordinator.

Class Representatives
Students of each program need to elect two members (preferably one male
and one female) as their class representatives. The class representatives may
change over the course of two years. The class representatives participate in
the class committee meetings, which will be held twice during each semester
with faculty teaching courses and faculty advisers and provide feedback to
their faculty members on the academic and other issues. Further they also
facilitate scheduling of extra classes as per concerned faculty requests. They
act as the points of contact for faculty members and the Students Office on
various issues.

Curriculum of M. A. Actuarial Economics


The post-graduate degree in actuarial economics is a two-year intensive
course, providing necessary training needed for an expert in actuarial field
who analyzes the financial consequences of risk. Such experts can work, apart
from education and research, in insurance companies, consulting/investment
firms, credit rating agencies, government, and employee benefit department
of large corporations, hospitals, and banks. The work profile includes (i)
research and training, (ii) designing insurance and pension plans, (iii)
determining insurance pricing, and (iv) asset-liability management.
The course is divided into four semesters In the first semester there
will be four core courses and the second semester comprises five courses. In
the second year, the third semester comprises two core papers and three
elective papers. In the fourth semester there will two core courses and two
electives. There is an option to do dissertation instead of two electives in the
fourth semester for those who qualify certain criteria. All Core and elective
courses are worth 4 credits each and the progamme carries 72 credits in total.
This programme is designed keeping in view the increasing demand
for actuarial economists. Hence, it is designed essentially to deal with the
education of economics of insurance, insurance risk, and financial
management. In the process, the course draws inputs from mathematical,
statistical, and economic analysis involving a wide range of decision-making
process in insurance, investment, and financial planning and management.
Being designed to equip the learners with the underlying processes of
decision making under uncertainty, this programme seeks to offer in the first
year, comprising two semesters, an intensive training in understanding
economic and financial theories, which are useful to study the uncertain future
events and will sufficiently cover the latest syllabi prescribed for the Core
Technical stage by the Actuarial Society of India (ASI). The third and the
fourth semesters attempt to provide the opportunity to the students to opt for
electives from the number of choices including applied econometrics. In
addition, this program provides a valuable opportunity to the students to (i)
equip their computation skills by learning econometric applications using
softwares (such as EVIEWS and STATA) and (ii) undertake a dissertation in
the second year to encourage active learning in a real life situation.

Core Courses
Microeconomics I
First Semester

Macroeconomics I
Statistical Methods
Mathematical methods
Financial Mathematics
Actuarial Mathematics

Second Semester

Econometric Methods
Financial Economics I
Elective/ Core
Applied Econometrics
Economics of Insurance I

Third Semester

Elective 1
Elective 2
Elective 3
Economics of Insurance II

Fourth Semester

Finance and Financial Reporting


Elective 4
Elective 5

Dissertation instead of
electives 4 & 5

Curriculum of M.A. Applied Quantitative Finance


Recent advances in statistical, econometric and analytical modeling have vastly
improved our understanding of financial market dynamics. Our ability to
adequately capture stylized facts in financial markets depends crucially on the
development of good models, the estimation of the developed models and
their evaluations. Consequently, there has been an exponential increase in the
demand for qualified analysts. With this view, Madras School of Economics
jointly with Central University of Tamil Nadu has introduced a two-year postgraduate degree course in Applied Quantitative Finance. The course is geared
towards presenting the central concepts in clear, analytical, mathematical and
computational detail with an emphasis on the underlying intuition. In addition,
Business Case Study would be provided wherever it is necessary. The intended
participants consists of students who have an interest in equity research, retail
and investment banking, risk management, as well as derivative markets. All
the courses in this program are application oriented and very relevant for
today's liberalized economic environment. There is also an emphasis on
independent research. Students are required to do term papers in most of the
courses and each student undertakes a significant research project during the
second year. Interested students take up a summer internship programme at
the end of the first year, which greatly helps them to get an orientation in
applied work.
The course is divided into four semesters In the first semester there
will be four core courses and the second semester comprises five courses. In
the second year, the third semester comprises two core papers and three
elective papers. In the fourth semester there will two core courses and two
electives. There is an option to do dissertation instead of two electives in the
fourth semester for those who qualify certain criteria. All Core and elective
courses are worth 4 credits each and the progamme carries 72 credits in total.

Core Courses
Microeconomics I
First Semester

Macroeconomics I
Statistical Methods
Mathematical methods
Microeconomics II
Econometric Methods

Second Semester

Financial Mathematics
Financial Economics I
Elective / Core
Applied Macro and Financial Econometrics
Risk Analysis and Management

Third Semester

Elective 1
Elective 2
Elective 3
Financial Instruments and Markets
Interest rate Calculation and Option Pricing

Fourth Semester

Elective 4
Elective 5

Dissertation instead of
electives 4 & 5

Curriculum of M. A. Environmental Economics


Concerns about over-exploitation of resources and degradation of
environment have been on rise in India and other countries over the past fifty
years. High economic growth often comes at the cost of environmental
degradation as seen in several countries and hence careful attention to sound
environmental policies is extremely important if India were to follow
sustainable development path. Environmental and resource policies must be
based on economic rationale. Growing evidence on trade-environmental interlinkages and potential challenges that the world economies have to face due
to global climate change provide additional motivations for studying
environmental economics. Businesses world over have started understanding
the importance of doing green business. The post graduate programme in
Environmental Economics (EE) is introduced against this backdrop.
The objective of the M.A. program in Environmental Economics is to
provide students with rigorous and specialist training in economics of the
environment. The degree is designed for individuals with a strong background
in mathematics and good exposure to basic economics. On completion of the
Masters degree all students will have well developed skills in quantitative
analysis and modeling and an understanding of the economic approaches to
resolve the challenges of resource over-exploitation and misuse of the
environment.
M.A. in Environmental Economics is a two-year intensive course,
providing necessary training needed for a well-qualified environmental
economist. The course is divided into four semesters In the first semester
there will be four core courses and the second semester comprises five
courses. In the second year, the third semester comprises two core papers
and three elective papers. In the fourth semester there will two core courses
and two electives. There is an option to do dissertation instead of two
electives in the fourth semester for those who qualify certain criteria. All Core
and elective courses are worth 4 credits each and the progamme carries 72
credits in total.
Almost all courses are analytical in nature involving application of
mathematical, statistical, and econometric analyses. In addition, this program
provides a valuable opportunity to the students to (i) enhance their
computational skills through hands-on experience in using econometric softwares (such as SAS, EVIEWS and STATA), Geographical Information Systems;
and (ii) undertake a dissertation in the final semester to apply the acquired
knowledge to a real life problem.
7

Core Courses

Microeconomics I
First Semester

Macroeconomics I
Statistical Methods
Mathematical methods
Microeconomics II
Econometric Methods

Second Semester

Introduction to Environmental Systems


Resource and Environmental Economics
Elective / Core
Applied Econometrics
Environmental Valuation

Third Semester

Elective 1
Elective 2
Elective 3
Sustainable Development
Environmental Policy
Electives 4

Dissertation instead of
electives 4 & 5

Electives 5

Curriculum of M.A. Financial Economics


M.A. Financial Economics is a two-year Post Graduate degree program in
Financial Economics. Globally, the financial sectors have, in recent years, been
expanding at phenomenal rates and witnessing dramatic changes in their
range and sophistication of operations. Hence, there is increasing demand for
financial practitioners who are not only equipped with a good foundation in
economics, mathematics and statistics but who are also well trained in the
emerging theoretical and empirical tools for a better understanding of the
sector. The Financial Economics course is meant to basically cater to this
demand.
The course is divided into four semesters In the first semester there will be
four core courses and the second semester comprises five courses. In the
second year, the third semester comprises two core papers and three elective
papers. In the fourth semester there will two core courses and two electives.
There is an option to do dissertation instead of two electives in the fourth
semester for those who qualify certain criteria. All Core and elective courses
are worth 4 credits each and the progamme carries 72 credits in total. The
courses will be taught under the guidance of an Advisory Committee
comprising eminent persons from among academicians as well as from
practitioners.
The core courses lay the foundations for the basic theory and give
students a feel for how it is being played out in real economies. The courses in
Statistics, Mathematical Methods, Econometrics and Applied Econometrics
equip them with a good range of skills and tools for quantitative analysis. In
addition, a range of one-semester elective courses to choose from are offered
in the following specialized subjects- Risk Management, Investment Banking,
Financial Regulation and Banking Supervision, Games and Information,
Stochastic Models, Economics of Insurance, Empirical Methods in Finance. All
these courses are application oriented and very relevant for today's liberalized
financial environment. There is also an emphasis on independent research.
Students are required to do term papers in most of the courses and each
student undertakes a significant research project during the second year.
Interested students take up a summer internship programme at the end of the
first year, which greatly helps them to get an orientation in applied work.
With this view, Madras School of Economics jointly with Central University of
Tamil Nadu aims to introduce a two-year post-graduate degree course in
Financial Economics.
9

Core Courses
Microeconomics I
First Semester

Macroeconomics I
Statistical Methods
Mathematical methods
Financial Mathematics
Microeconomics II

Second Semester

Econometric Methods
Financial Economics I
Elective / Core
Applied Financial Econometrics
Financial Economics II

Third Semester

Elective 1
Elective 2
Elective 3
International Finance

Fourth Semester

Risk Management - Theory & Practice


Elective 4

Dissertation instead of electives 4


&4

Elective 5

10

Curriculum of M.A. General Economics


The PG Degree is a two-year programme, divided into four semesters. In the
first semester there will be four core courses and the second semester
comprises five courses. In the second year, the third semester comprises two
core papers and three elective papers. In the fourth semester there will two
core courses and two electives. There is an option to do dissertation instead of
two electives in the fourth semester for those who qualify certain criteria. All
Core and elective courses are worth 4 credits each and the progamme carries
72 credits in total. The courses will be taught under the guidance of an
Advisory Committee comprising eminent persons from among academicians as
well as from practitioners.
The core courses lay the foundations for the basic theory and give students a
feel for how it is being played out in real economies. The courses in Statistics,
Optimization Techniques, Econometrics and Applied Econometrics equip them
with a good range of skills and tools for quantitative analysis. The compulsory
course in Fiscal and Public Policy provides a unique opportunity to understand
the policy prescriptions for a developing country like India. In addition,
depending on the demand, courses on subfields like Development Economics,
Financial Economics, Health Economics, Games and Information, Industrial
Economics, Institutional Economics, Agricultural Economics, Regional
Economics, Indian Economic Development, International Trade and so on are
offered as one-semester electives. Each course is divided into five modules. All
these courses are application oriented and very relevant for today's liberalized
economic environment. There is also an emphasis on independent research.
Students are required to do term papers in most of the courses. Interested
students take up a summer internship program at the end of the first year,
which helps them to get an orientation in applied work.

11

Core Courses
Microeconomics I
First Semester

Macroeconomics I
Statistical Methods
Mathematical methods
Microeconomics II
Macroeconomics II

Second Semester

Econometric Methods
Public Economics
Elective / Core
Applied Econometrics
Development Economics

Third Semester

Elective 1
Elective 2
Elective 3
Institutional Economics

Fourth Semester

Indian Economic Development


Elective 4

Dissertation instead of electives


4&5

Elective 5

12

List of Electives for Semester III


Agricultural Economics
Applied Macro and Financial Econometrics [C] {for GE, AE and EE}
Applied Econometrics [C] {for FE and AQF}
Economics of Insurance I [C]
Energy, Economics and Environment
Environmental Valuation [C]
Environment and Health
Financial Economics II (Pre-requisite Financial Economics I)
Financial Regulation and Banking Supervision
Fixed Income Securities
Games and Information
Health Economics
Industrial Development and Industrial Organization
International Trade & Finance
Investment Banking
Programming and Computational Languages
Risk Analysis and Management [C]
Stochastic Models
Note: C Stands for core course for some streams which are allowed as
electives for other streams

13

List of Electives for Semester IV


Advanced Technique in Finance
Agricultural Development & Policy
Economics of Global Climate Change
Economics of Insurance II (Pre-requisite Econ of Insurance I) [C]
Empirical Methods in Finance
Environmental Policy [C]
Finance and Financial Reporting [C]
Financial Instruments and Markets [C]
Financial Market Microstructure
Financial Regulation and Banking Supervision
Interest Rate Calculation and Option Pricing [C]
International Finance [C]
Macroeconomics II [for FE and AQF]
Microeconomics II [for AE]
Multinational Enterprises and Industrial Policy
Regional Economics
Risk Management - Theory and Practice [C]
Risk Model
Survival Model
Sustainable Development [C]
Note: C Stands for core course for some streams which are allowed as
electives for other streams

14

Learning Resources
The necessary textbook and reference material for all the courses would be
available at the MSE library. Additional reading material relevant for the
courses will be made available by the concerned faculty either as an electronic
version or a hard copy as the course develops.
Detailed Syllabus
Detailed syllabus for all M.A. programmes can be downloaded from MSE
website using the link: http://www.mse.ac.in/newpgcurriculam.asp.
Ph.D. in Economics
MSE is recognized by both Madras University and Central University of Tamil
Nadu, Thiruvarur as an institution in which research work leading to Ph.D. can
be conducted. Ph.D. students are selected on the basis of their performance in
the entrance examination and a research proposal. Preference will be given to
those with UGC-NET. Those with UGC-JRF can approach for Ph.D. admission at
any time.
Students admitted to the Ph.D. programme are advised by their respective
doctoral committees to take a course work in economic theory, quantitative
techniques and in one of the following fields of specialization - Public Finance,
International Economics, Capital Markets, Financial Services, Industrial
Economics, Energy and Environmental Economics. They also have to write a
dissertation. The Ph.D. Scholars will be given an opportunity to interact with
foreign and Indian economists during MSE seminars, to visit other research
institutions and to participate in the research activities of the school. They are
given financial support. However continuation of financial support will be
conditional on good academic performance.
For more details about the Ph.D. program, please
visit http://www.mse.ac.in/admissionphd.asp.

15

Academic Calendar (July-Dec 2016)


Dates
Friday Jul 01, 2016
Monday Jul 18, 2016
Jul 18 Aug 26, 2016
Wednesday Jul 27, 2016

Friday Aug 05, 2016


Aug 01 Sep 09, 2016
Wednesday Aug 10, 2016

Details
Display of list of electives for Semester III
Commencement of Classes for Semester III
First Assessment Period for Semester III
Last date of payment of Semester III fees without fine
1.Commencement of Classes for Semester I
2.Submission of 3 names of faculty for dissertation
guidance to student office
Last date of payment of Semester III fees with fine
First Assessment Period for Semester I
Last date for payment of Semester I fees without fine

Monday Aug 22, 2016

Last date for payment of Semester I fees with fine

Aug 22 Aug 26, 2016

First Assessment Examinations (Semesters III)

Aug 29 Oct 3, 2016

Second Assessment Period (Semester III)

Friday Sept 02, 2016

Submission of First Assessment Marks to Students


Office (Semester III)

Sep 06 Sep 09, 2016

First Assessment Examinations (Semester I)

Monday Aug 01, 2016

Wednesday Sept 16, 2016

1.First Class Committee Meeting (Semester III)


2.Announcement of selected students and their
dissertation panel
Second Assessment Period (Semester I)
Submission of First Assessment Marks to Students
Office (Semester I)
First Class Committee Meeting (Semester I)

Sept 26 Oct 3, 2016

Second Assessment Examinations (Semester III)

Oct 4 Nov 11, 2016

Third Assessment Period for Semester III

Friday Oct 7, 2016

Submission of Second Assessment Marks to Students


Office (Semester III)

Oct 10 - Oct 14, 2016

Mid-term break (holidays on 10,11&12 Oct)

Oct 17 Oct 20, 2016


Oct 20 Nov 30, 2016

Second Assessment Examinations (Semester I)


Third Assessment Period for Semester I

Wednesday Sept 07, 2016


Sep 11 Oct 20, 2016
Monday Sep 14, 2016

16

Tuesday Oct 25, 2016

Friday Oct 28, 2016

Nov 7 Nov 11, 2016


Nov 14 Nov 15, 2016

Friday, Nov 18, 2016

Submission of Second Assessment Marks to Students


Office (Semester I)
For Semester III
1. Second Class Committee Meeting
2. Announcement of Mid-term attendance defaulters
3. Indication of preferences for Semester IV electives
to Students Office
Third Assessment Examinations for Semester III
For Semester III
1. Payment of Examination Fees
2. Completion of Teaching Evaluation/s
3. Submission of End Semester Question Paper
For Semester III
1.Issue of Hall Tickets
2.Submission of Third Assessment Marks to Students
Office

Nov 21 Nov 30, 2016

End semester examination for Semester III

Nov 28 Nov 30, 2016

Third Assessment Examinations for Semester I

Dec 01 Dec 02, 2016

For Semester I
1. Payment of Examination Fees
2. Completion of Teaching Evaluation/s
3. Submission of End Semester Question Paper

Dec 01 09, 2016

Placement for II year

Dec 09 Dec 16, 2016

For Semester I
1.Issue of Hall Tickets
2.Submission of Third Assessment Marks to Students
Office
End semester examination for Semester I

Tuesday Dec 20, 2016

Display of electives for Semester IV

Thursday Dec 22, 2016

Result Declaration (Semesters I & III)

Monday Dec 05, 2016

17

Academic Calendar (Jan-May 2017)


Dates
Monday Jan 02, 2017

Details
Re-opening/Registration for II & IV Semesters /
Commencement of classes

Jan 02- Jan 06, 2017

Supplementary Examination for II & IV Semesters

Jan 02 Feb 17 , 2017

First Assessment Period

Thursday 12 Jan 2017

Last date of payment of fees without fine

Monday 23 Jan 2017

Last date of payment of fees with fine

Feb 13 Feb 17, 2017

First Assessment Examinations

Feb 20 Mar 24 2017

Second Assessment Period

Friday Feb 24, 2017


Wednesday Mar 01, 2017

Submission of First Assessment Marks to Students


Office
1.First Class Committee Meeting
2. Last day for submission of First Assessment
Dissertation Marks to Student Office

Mar 20 Mar 24, 2017

Second Assessment Examinations

Thursday Mar 30, 2017

Last day for submission of Second Assessment


Marks to Students Office

Tuesday Apr 04, 2017

1.Second Class Committee Meeting


2.Announcement of Mid-term attendance defaulters

Mar 27 Apr 21, 2017

Third Assessment Period

Apr 17 Apr 21, 2017

Third Assessment Examinations

Apr 24 Apr 25 2017

1. Payment of Examination Fees


2. Completion of Teaching Evaluation/s
3. Submission of End semester Question Paper

18

Thursday Apr 27, 2017

May 2 May 15, 2017


Wednesday May 17, 2017
Friday May 19, 2017

1.Last day for submission of Third Assessment Marks


to Students Office
2.Last day for submission of Second Assessment
Dissertation Marks to Student Office
3. Issue of Hall Tickets
4. Last day for submission of dissertation draft (soft
& hard copy) to Students Office
5. Indication of preferences for Semester III
electives to Students Office
End Semester Examinations for Semesters II & IV
(Including Dissertation viva for Semester IV)
Last date of submission of formatted final bound
copy of dissertation
Declaration of Results for Semester II & IV
Hostel to be vacated

Monday Jul 03, 2017

Display of list of electives for Semester III

Jul 10 Jul 14, 2017

Supplementary Examinations for Semesters II & IV

Monday Jul 17, 2017

Re- opening for Semester III

19

Assessment and Grading


Performance in each course is evaluated through best of two out of three
internal assessments and an end semester examination. The distribution of
weights for assessing overall performance in each course is as follows:
Internal Assessment
End Semester Assessment

: 40 %
: 60 %

To pass a course the student must get a minimum of 50 percent (overall)


marks.

20

Teaching and Evaluation Regulations


(Under Ordinances No. 4 and 5 of the University)
The evaluation will be on Choice Based Credit System, which provides
enhanced learning opportunities, ability to match students scholastic need and
aspirations and responds to the educational and occupational aspirations of
students. The assessment, including projects and examinations, is continuous
and internal.
1. Semester System
The Programmes are organized on the semester pattern. The academic year
consists of two semesters of about 16 weeks each. Each semester of a
programme, other than Ph.D programme, shall have 4-5 courses.
2. Continuous Internal Assessment
The students progress in class, laboratory and field work shall be evaluated
continuously. The continuous evaluation of Students includes periodical tests,
short quizzes, home assignments, seminars, tutorials, term papers in addition
to the examination at the end of each semester. The final result in each
semester is calculated on the basis of this continuous assessment and
performance in the end semester examination. For student dissertation, there
will be two internal assessments in each semester. The average of the two
assessments will be considered for the internal marks. The final result in the
semester is calculated on the basis of the internal assessment and
performance in the Viva conducted at the end of the semester.
3. Attendance and Monitoring of Progress of Work
i.
Students are required to attend at least 75% of the classes actually
held, seminars, sessionals and practicals in each course of study as
may be prescribed and at least 60% in the repeat course.
ii.

The University may for valid and convincing reasons condone the
shortage in attendance not exceeding 5 per cent, provided that the
Director of the School concerned/Collaborating Institute(s) makes a
recommendation to this effect after consulting the Head of the
Department/Director of the Centre.

iii.

The students deputed by the University to take part in the extra cocurricular events shall be given a concession of up to 5% attendance,
21

if necessary, in addition to the relaxations in the attendance


requirement as provided above. Such concession would be available
for the days of actual participation in the event, including journey time
with the prior approval of the University
iv.

Students absenting from classes continuously for 10 days and more


will be liable to have his name removed from the rolls of the
University. Absence on medical reasons should be supported by a
certificate which has to be submitted soon after recovery.

v.

Students may opt to audit a course within the Department or outside,


provided he satisfies the prerequisites. 75% of attendance is required
even for an audit course.

4. Evaluation
i. The performance of each student enrolled in a programme, other than
Ph.D programme will be assessed at the end of each semester.
Evaluation of each student enrolled in all programmes will be done under
the Grading System. There will be 7 letter grades; A+, A, B+, B, C, D and
F on a 10 point scale which carries 10,9,8,7,6,5,0 grade points
respectively.
ii. The final result in each course will be determined on the basis of
continuous assessment and performance in the end-semester examination
which will be in the ratio of 40:60 in case of theory courses and 60:40 in
laboratory courses.
iii. The mode of continuous assessment will be decided by the School Board
concerned. The students will be given a minimum of three units of
assessment per semester in each course from which the best two
performances will be considered for the purpose of calculating the result
of continuous assessment. The record of the continuous assessment in
such a form as the School Board may decide will be maintained by the
School/Department/Centre.
iv. At the end of semester examination, the answer scripts will be evaluated
and the grades scored by each student in each course taken by him will
be communicated to the Director of the School/Head of the
Department/Centre for onward transmission to the Office of the Controller
of Examinations. Wherever required, the Director / the Head of the
Department/Centre along with the teacher concerned may moderate the
evaluation.
22

v. (a) Students must obtain a minimum of D grade in each course in order


to pass in the graduate, Postgraduate, Postgraduate diploma, M.Tech
and Integrated PG courses. Students, who obtain F Grade in any
course, may be permitted to take the supplementary examination in the
course/s concerned within a week after the commencement of the
teaching of the next semester. Appearance at such supplementary
examinations shall be allowed only once. Those students who fail to
secure at least D grade in the supplementary examination also, shall
have to repeat the course concerned or take an equivalent available
course with the approval of the Head of the Department/Centre and
the Director of the School concerned. Such approval should be
obtained at the beginning of the semester concerned.
(b) Students who intend to appear in supplementary examinations in
courses will be required to apply to write the examination concerned in
the prescribed form and pay the prescribed examination fee by the
date prescribed for the purpose by the University.
(c) No student will be permitted to take a supplementary examination a
second time in the same course except in the case of one repeating the
entire course.
(d) In order to be eligible for award of medals/prizes and ranks etc., the
students should complete the course within the prescribed duration.
The grades obtained by the student in the supplementary/
repeat/improvement examinations shall not be taken into account for
the award of medals/prizes/ranks etc.
(e) Students absenting themselves on valid grounds after payment of
Examination fees from a regular semester examination may be
permitted by the University to appear in a supplementary examination
of the semester. The application for permission to appear in a
supplementary examination shall be made by the student concerned in
the prescribed form.
vi. (a) No student of a programme, other than 5 year integrated and Ph.D
programmes, shall be permitted to move to the next semester, if he
has a backlog of more than 50% of the courses in the semester
concerned (subject to a maximum of two courses where the number of
the courses in a semester are four and a maximum of three courses
where the number of courses in a semester are more than four) at any
given point of time including the backlogs of previous semester.
23

(b) No student of 5-year Integrated M.A./M.Sc. courses shall be allowed to


carry backlogs of more than 50% of the courses of a semester
concerned at any stage including the previous semesters subject to a
maximum of 5 backlogs at any given point of time including the
backlogs of previous semester/s, if any.
vii. (a) A student in order to be eligible for the award of Degree or Diploma
must obtain a minimum of D grade in each course. The results of
successful candidates will be classified as indicated below on the basis of
the Cumulative Grade Point Average (CGPA):
CGPA
CGPA
CGPA
CGPA

of
of
of
of

8.5
7.0
6.0
5.0

and above and upto 10.0


to < 8.5
to < 7.0
to < 6.0

Distinction
First Class
Second Class
Pass

(b) To satisfactorily complete the programme and qualify for the degree, a
student must obtain a minimum CGPA of 5. No student with F grade
on record shall be eligible for award of a degree or Diploma.
The division obtained by a student will be entered in his/her provisional
cum consolidated grade-sheet and in the degree/diploma certificate.
(c) No student of Graduate / Post graduate, PG Diploma, and Integrated
PG programmes shall be allowed to continue his enrolment for more
than two semesters beyond the prescribed duration of the programme.
While counting the maximum permissible number of semesters before
which a student has to complete his programme the idle semester
(i.e. the semester he/she has to forego for want of instructional facility)
will not be counted and it should be limited to one semester only.
However, such students have to pay the tuition and other fees for the
idle semesters also. A student may be permitted to discontinue his/her
studies for reasons certified as valid by the Head and/or Director of the
School concerned for a period not exceeding two semesters.
viii.

Students who are not found eligible to take semester examinations and
also those who are not promoted to the next semester of the
programme may be considered for readmission to the concerned
semester in the immediate following academic year. Such students
should seek readmission before the commencement of the classes for
the concerned semester or within a week of the commencement of the
concerned semester if they are appearing in the supplementary
24

examinations. Such students are given an option either to undergo


instruction for all the courses of the concerned semester or to undergo
instruction in only such courses in which they have failed on condition
that the option once exercised will be binding on the student concerned.
ix.

The answer scripts of the semester examinations shall not be returned


to the candidates but may be shown by the instructor at the specific
request of the student concerned. The result of the continuous
assessment of the students will, however, be communicated to students
immediately after the assessment.

x.

No request for re-evaluation of the result declared in any course will be


entertained. However, rechecking of marks in any course may be
allowed on payment of prescribed fee.

5. Grievance Committee
i. Every School shall constitute a Grievance Committee consisting of 3 or 4
teachers to examine the complaints received from the students of the
School regarding their assessment. Such requests for review from the
students concerned should reach the Director of the School concerned
through the concerned Faculty Advisor within 15 days of the
announcement of the results of that assessment.
ii. If a student is not satisfied with the decision of School level Grievance
Committee on his grievance, the Director of the School on a request
from the student may refer the matter to the Controller of Examinations
for getting the paper evaluated by an external examiner, whose
evaluation will be final.
The fees for external evaluation in all such
cases shall be decided by the University.
6. Improvement Examination
i. A student who passed in a course of a semester with D grade may be
allowed to improve his grade in one course per semester on payment of
prescribed fee. Appearance at such an examination in the course will be
allowed only once.
No further chance will be given under any
circumstances. However, to qualify for writing the improvement
examination, the student should pass in all the courses in that semester.
ii.

Appearance at an examination for improvement should take place soon


after the declaration of result for the semester concerned, in which the
student had appeared and in the supplementary examinations held
immediately thereafter.

25

iii.

For the purpose of determining the overall CGPA results the


performances in the improvement examination only will be taken into
consideration.

iv.

For the purpose of award of medals, prizes, and rank, etc., the grades
obtained
by
a
student
in
the
examination
taken
for
improvement/supplementary shall not be taken into account.

v.

Application for improvement examination shall be made by the students


concerned in the prescribed form along with the prescribed Examination
Fee within a week of the commencement of the teaching of the next
semester.

vi.

Students are permitted to avail the facility of improvement examinations


to a maximum of four courses of their respective Post Graduate
programmes or six/ten courses of the respective Under Graduate/
Integrated M.A Programmes during the entire course of their study.
Students wishing to take improvement exams for the courses offered in
the last semester of the programme should appear in the improvement
examination within six months from the date of the last exams. Such
exams are to be taken when the regular or supplementary exams, if any,
held for the course concerned.

7. Special Supplementary Examination


A special supplementary examination will be held for such students who after
completion of the prescribed duration of the programme are not able to get
their degree due to backlogs. Students who intend to appear in such special
supplementary examinations shall apply for the examination concerned and
pay the examination fee by the prescribed date However, students having
backlogs due to shortage of attendance, will not be allowed to avail of this
facility.
8. Awards/Prizes/Medals
The University will accept donations/endowments from individuals and
institutions for instituting awards/prizes/medals/citation etc. However each
proposal will have to be considered and recommended by Academic Council
for approval of the Executive Council.

26

General Rules and Regulations of Madras School of Economics


1. Submission of Transfer Certificate is mandatory at the time of admission.
2. Fees paid at the time of Admission (2610 INR) is NOT refundable.
3. Tuition fee is NOT refundable, if student leaves after 10 days from the
commencement of classes. For the students leaving before 10 days, tuition
fees will be refunded as per CUTN rules.
4. For candidates who are placed through campus recruitment, the caution
deposit will be retained by MSE.
5. Any internal sliding across programs after admission will attract a
processing fee of 5000 INR.
6. To access library students must fill-up appropriate library form contact
the Librarian. Each student can borrow up to three books from the library
using the library cards/smart card.
7. Each student is allotted a username and password by the computer
department for accessing the institute computer network and the Internet.
Students must fill appropriate computer services form for this purpose
contact the Systems Manager.
8. Every student is required to observe disciplined and decorous behavior
both inside and outside the School and not to indulge in any activity which
will tend to bring down the prestige of the School. In the event of an act
of indiscipline being reported, the Director shall constitute a disciplinary
committee consisting of senior faculty members to inquire into the acts of
indiscipline and to recommend suitable disciplinary action for approval and
implementation.
9. Dress Code: Students are required to be in decent attire in class rooms,
library, computer lab, faculty rooms and administrative offices. As
suggested by the local police, students are advised to observe a decent
dress code in the neighborhood of the campus also, so as not to attract
any undue attention.
10. Prohibition of mobile phones: Use of mobile phones inside the class
rooms, library and computer lab is strictly prohibited.
11. Ragging in any form within the campus is strictly prohibited.
Violators could be expelled from the hostel/school. Any complaints should
be addressed to the Ragging Prevention Committee, comprising the
Director, Hostel Wardens, administrative officer, and two faculty members.
Relevant contact numbers are given below:

27

Wardens

1. Dr.Saumitra Bhadhuri 9940069142


2. Dr.Hema 9884274889

Faculty

1. Dr. Brinda Viswanathan 98403 99152


2. Dr. Zareena Begum - 9952950994

Administrative Officer Mr. T.V.Subramanian 9444037209


Caretaker Mr.Lakshimi Narasimhan - 9884058789
12. Grievance and student welfare committee: For any grievance the
students can contact:
1. Administrative Officer Mr. T.V.Subramanian 9444037209
2. Prof. Naveen S 9962986177
3. Dr. Shrabani 9791267928
4. Dr. Sartaj - 9442386623

28

Information and Facilities at Madras School of Economics

State of art classrooms, computing facilities, digital library, online


public access catalogue, database

Green campus

Wi-Fi facility throughout the campus

24 hours CCTV surveillance of the entire campus

24 hour security in the campus

Playground and jogging track

Open air theatre

Doctor on call and regular visits (weekly once) to the campus

Canteen

Reading hall for students

Campus educational information management solutions (Kaizen


software)

Intranet and internet mailing facility

On campus placement opportunity

Annual Endowment lectures SAGE-MSE Endowment Lecture, Shri R.


Venkataraman Lecture & Dr. Raja J. Chelliah Memorial Lecture

Lectures & Seminars by eminent scholars and visiting faculties

29

MSE Holiday List 2016


S.No.

DATE

DAY

New Years Day


Pongal
Thiruvalluvar Day
Uzhavar Thirunal
Republic Day

01.01.2016
15.01.2016
16.01.2016
17.01.2016
26.01.2016

Friday
Friday
Saturday
Sunday
Tuesday

25.03.2016
08.04.2016

Friday
Friday

14.04.2016

Thursday

Good Friday
Telugu New Years Day
Tamil New years Day and
Dr. B.R. Ambedkars
Birthday
Mahaveer Jayanthi

19.04.2016

Tuesday

10
11
12
13
14
15
16
17
18
19
20
21
22

May Day
Ramzan
Independence day
Krishna Jayanthi
Vinayakar Chathurthi
Bakrid
Gandhi Jayanthi
Ayutha Pooja
Vijaya Dasami
Muharram
Diwali (Deepavali)
Milad-un-Nabi
Christmas day

01.05.2016
07.07.2016
15.08.2016
25.08.2016
05.09.2016
13.09.2016
02.10.2016
10.10.2016
11.10.2016
12.10.2016
29.10.2016
12.12.2016
25.12.2016

Sunday
Thursday
Monday
Thursday
Monday
Tuesday
Sunday
Monday
Tuesday
Wednesday
Saturday
Monday
Sunday

1
2
3
4
5
6
7
8

FESTIVAL

30

Rules and Regulations for MSE Hostel


1. General
1.1 The Hostel(s) of Madras School of Economics provides residential
accommodation and boarding facilities for a limited number of male and
female students.
1.2. The Wardens shall be vested with powers to interpret and enforce the
rules and to regulate hostel admission/readmission.
2. Admission
2.1. Application for admission to the hostel shall be made in the prescribed
form which can be had from the Administrative Office of the School.
2.2. Every student before he/she is admitted into the hostel must give an
undertaking in writing that he/she will abide by the rules of hostel and he/she
will submit to any disciplinary action imposed by the authorities.
2.3. After admission, no student shall vacate/leave the hostel (1) without the
written application from his or her father or guardian and (2) without the
permission of the Wardens/ Deputy Wardens.
2.4 Membership shall be held to be terminated at the end of each hostel year
and members who are desirous of returning to hostel shall make formal
application for readmission before the School reopens.
2 5. Residence in the hostel for any period does not confer any right to
membership for the next year or for any subsequent period
2.6. The wardens reserve the right to refuse admission to any candidate
without assigning any reason.

31

3. Lodging
3.1. Allotment of rooms shall be made by the Wardens only after room rent
and other charges payable have been paid by the applicant.
3.2. Members must occupy the rooms allotted to them and not change rooms
without permission from the Wardens. Violation of this rule may result in the
expulsion of the concerned member from the hostel.
3.3. Resident members may be shifted from one room to another by the
Wardens as and when needed.
3.4. Hostel furniture shall not be removed from one room into another under
any circumstances. Members are responsible for the care of furniture and
fittings in their respective rooms. The cost of furniture and fittings will be
recovered from them in case of damage or loss.
3.5. Unauthorized tapping of electrical power will be dealt with severely. In
general, members are not allowed to use electrical gadgets like induction
stoves, toaster, griller, ovens, mixer-grinder, stove, heater, etc. Following
items - laptop, desktop, small table fan, kettle, and iron box are permitted
for students in their allocated rooms.
3.6 Cooking inside the hostel premises is strictly prohibited and punishable.
3.7. All members are expected to be in their respective hostel by 9.30 pm,
unless specifically permitted by the Wardens. If any one comes after 9.30pm,
he/she has to register time of arrival and reasons for late coming in the
register kept with the security guard.
3.8 Hostel members planning to stay out during the night should take
permission of the wardens and inform the caretaker and leave their local
contact number with the caretaker. Failing this MSE holds the right to expel
the member from the hostel. Attendance would be taken at the all the block
after 9.30 pm by the caretaker.
3.9. No member shall absent himself/herself from the hostel for a longer
duration without having previously obtained permission from wardens. If a
member finds it necessary to leave the hostel on private affairs he/she shall
report before his/her departure the reasons for his/her absence in writing to
32

the Wardens. In case of emergency a member can leave the campus by


handing over a request letter either to inmates/ AO/security guard/ caretaker.
3.10. Subject to availability, a Guest of a member may be permitted to stay in
the members room for a maximum of two days by paying guest charges
(Rs.200 per day) with prior permission of the Wardens. The guest has to sign
in the guest register.
3.11. Women students and women guests are not permitted entry into the
mens hostel block. Men students and male guests are not permitted entry
into the womens hostel block.
3.12. No guest who is ill or who has come for medical treatment shall be
brought into the hostel.
3.13. The School does not accept any liability for the property of the residents
or guests left in the rooms.
4 Mess
4.1 Mess charges are compulsory for all hostellers without exception.
Admission to the hostel would be given only if mess charges are also paid. For
even semesters the mess advance should be paid failing which the member
will be asked to vacate the hostel.
4.2. The mess timings are:
(i) Breakfast : 8.00 AM to 9.30 AM
(ii) Lunch
: 12.30 PM to 2.00 PM
(iii) Dinner
: 7.30 PM to 9.00 PM
The members shall adhere to these timings strictly.
4.3 Except for illness and a written permission of the Wardens, meals should
be taken only in the dining Hall of the mess. Meals should not be taken to
rooms or to any other place outside the canteen hall.
4.4. Day scholars, staff and guests may avail mess facility on pay as you go
basis, preferably by informing caterer in advance.
4.5. Hostellers need to pay a mess advance at the beginning of each semester
and at the end of each semester actual charges, including service charges to

33

cover MSEs administrative expenses towards monitoring, enforcing and


coordinating mess related issues, will be adjusted against the advance.
4.6. Hostellers who are away from campus for a longer spell would be entitled
to avail mess charge reduction only from the 5th day. If they are away for N
days they can avail mess charge reduction for N-4 days by informing the
caretaker and the caterer in advance. This facility can be availed only once in
a month.
4.7 Hostellers are required to be decently attired while coming to the dining
hall and shall maintain decent and decorous behavior. All catering and service
staff should be treated with courtesy. Any grievances or complaints should be
routed only through the mess committee, caretaker or warden.
5. Management of the Hostel
5.1. The Managing committee of the hostel consists of the Wardens, Director,
the Administrative officer and caretakers.
5.2. Student representatives shall be nominated or elected by the hostellers.
These representatives will represent all hostel and mess related issues to
managing committee.
6. Discipline
6.1. Ragging in any form within the campus is strictly prohibited.
Violators could be expelled from the hostel/school. Any complaints should be
addressed to the Ragging Prevention Committee, comprising the Director,
members
Wardens,
administrative
officer,
and
two
faculty
(Dr. K.S.Kavi Kumar and Dr.Zareena Begum). For any emergency, hostellers
can contact:
Wardens 1. Dr.Saumitra Bhadhuri 9940069142
2. Dr.Hema - 9884274889
Administrative Officer Mr. T.V.Subramanian 9444037209
Caretaker Mr.T.V. K. Lakshimi Narasimhan 9884058789
6.2 Hostellers shall not issue orders to hostel employees or interfere in their
work. Cases of misconduct shall be reported to the Wardens/ caretakers with
full particulars.

34

6.2 Hostellers are not allowed to put up notices or convene meetings or take
out processions of any sort within the hostel area.
6.3. At all times, especially after 9.30 p.m. till next morning, members shall
not create any disturbance like shouting, playing loud music, celebrating late
night parties/ birthdays, etc. Any violations in this respect would be strictly
dealt with.
6.4. Smoking cigarettes and consumption of alcoholic drinks within the hostel
or the school campus is prohibited. Any violations would be dealt with
appropriately. Use of narcotic drugs is strictly prohibited. Any violation
of this rule will lead to immediate expulsion from the hostel and the school.
Any violent activity within the hostel and school campus will result in expulsion
of the concerned resident from the hostel.
7. Hostel Fees
MSE HOSTEL FEES DETAILS (2016-17)

Fees Particulars

Rs.

I . Refundable(One tim e Deposit at the tim e of


Adm ission)
1. Mess and Hostel Caution Deposit

5000

I I . One tim e Paym ent at the tim e of Adm ission


1. Admission Fee

1000

2. Residential Services Charges(Rs. 2500 per


Semester)
3. Room Rent for one academic year

5000
24000

4. Water Charges for one academic year

3000

5. Electricity and other Amenities per academic year

7500

6. Hostel Maintenance & Development (Rs. 2000 per


semester)
7. Internet Facility*

4000

Total I I

50000

I I I . M ess Advance(for 2 Sem esters)

5500

35000**

Grand Total Am ount to be paid(I +I I +I I I )


35

90000

*Electrical Gadgets like Iron box, Electric Stove, Heater etc. are not allowed to
be used in the hostel rooms. Social network websites are not allowed to
access.
** At the end of Semester I (or Semester III), the students need to pay the
actual mess bill for that semester. The mess advance will be adjusted for
actual mess expenditure for Semester II (or semester IV)

36

Fees Payable by the Students


(Under Section 28(1)(e)of the Act)
1. The Executive Council on the recommendations of the Academic Council
shall, from time to time prescribe the fees payable by students of the
University for various purposes.
2. All the Students admitted to various programmes of studies shall pay the
fees as prescribed at the time of admission and for the subsequent
semesters within the date notified by the University.
3. Delay or Default in Payment
i.
If a student does not pay fee on time, fine shall be levied as follows:
a. 10% of the fees for the first 10 days from the last day for
payment.
b. 20% of the fees for the next 10 days
c. 30% of the fees for the next 10 days.
ii.

The Vice-Chancellor, or, on his behalf any other officer to whom his
power has been delegated may on the recommendations of the
Director of the School concerned, condone the delay or reduce the
fine to be paid by the student in special cases provided the student
concerned submits a written application stating the reasons for late
payment of fee. Such applications should be submitted at least one
week before the due dates.

iii.

Names of the defaulters shall be removed from the rolls of the


University on expiry of 30 days from the notified last date for payment
of fee.

iv.

A student whose name has been struck off from the rolls of the
University
may be re-admitted on the recommendations of the
Director of the School concerned and on payment of arrears of fees
and fines in full and other dues, together with a re-admission fee as
fixed by the University. However, such re-admission shall be within the
same semester and subject to the student fulfilling the minimum
attendance requirement.

v.

Whenever a student proposes to withdraw from the University, he


shall submit an application to the Director of the School concerned
37

through the Head of the Department / Centre intimating the date of


his / her withdrawal. If he fails to do so, his name shall continue to be
kept on the rolls of the University for a maximum period of one month
following the month up to which he has paid the fees. He shall also be
required to pay all fees/charges that may fall due during this period.
4. Exemption to Blind Students
Blind students shall be exempted from payment of all fees.
5. Concession in Fee
i.
Concession in fees, Grant of free ship and percentage of free ship will
be governed by the regulations of University Grants Commission as
amended from time to time.
ii.

Free ships granted during the academic year shall not be renewed
automatically in the following year. The Students in need of such
concession shall submit fresh applications every year, which shall be
considered along with new applications received in the year.

iii.

A free ship granted to a student may be cancelled if his conduct or


progress in studies is found to be unsatisfactory.

iv.

Fees concession for SC/ST or to any other category of students shall


be as per Govt. of India directives.

6. Refund of Fees, Security Deposit etc


i.
If, after having paid the fees, a student desire to discontinue, he shall
submit an application for withdrawal. If such application is received by
the Registrar at least five days before the commencement of the
academic session concerned he shall be refunded all fees and deposits
except registration fee.
ii.

If after having paid the fees, a candidate does not join the University
and if his application for withdrawal is received by the University after
the commencement of the academic session but before the closure of
admission, he shall be refunded all fees and deposits deducting 25%
of the tuition fee in addition to registration fee.

iii.

Application for withdrawal received after the closure of admission for


the academic session would entitle a student for the refund of Security
Deposit / Caution Money only.

38

iv.

Security deposit or caution money are refundable, on an application


from the student on his / her leaving the University, after deducting all
dues, fines and other claims against him.

v.

If any student does not claim the refundable portion of any amount
lying to his / her credit within one calendar year of his leaving the
University, it shall be considered to have been forfeited by him to the
Students Aid Fund. The period of one year shall be reckoned from the
date of announcement of the result of the examination last taken by
the student or the date from which his name is struck off from the
rolls of the University.

vi.

If a student owes any money to the University on account of any


damage he may have caused to the University property, it shall be
deducted along with outstanding Tuition Fee and fines, from the
Security Deposit due to him.

7. The Fees and Hall Ticket for Examinations


i.
The examination fee payable by the students shall be fixed by the
University.
ii.

8.

i.
ii.

A student shall not be issued Hall Ticket or admitted to the


Examinations unless he has cleared his dues and paid the examination
fee.
Fees for re-checking Examination Results
The fees for re-checking examination results shall be as fixed by the
University.
The fees for rechecking shall be refunded to the candidate if, on rechecking the result, any error or omission is discovered in the result
notified by the University.

9. Fees for the Supply of Statement of Marks


i.
Every student shall pay along with the examination fee, a fee as fixed
by the University for Supply of statement of marks for each
examination.
ii.

The statement of marks shall be sent to the candidates through the


Head of the Department/Centre concerned.

10. M.A. (2 Years) Fee Structure


Details of fees for all 5 degree programmes

39

I - At the time of Admission


Details
S.No
1
2
3
4
5
6

Admission Fees
Cost of Regulation & Syllabus
Personality & Character
Development Program
Sports Affiliation fees
Placement & Training Charges
NSS
Total (I)

IMSC

MA
programs

Rs.
350
250
250

Rs.
350
250
250

250
1500
10
2610

250
1500
10
2610

II- Payable Every Semester


Details
S.No.
1
2
3
4
5
6
7
8
9
10
11
12

Tuition Fee
Development Fee
Library Fee
Computer Charges
Lab Contingency Fund
Educational Media and Service
Charges
Internet Society Fee
Sports & Games Service Charges
University Cultural & Professional
Society Fee
Student Accident & Medical relief
Fund
Registration & Enrolment Fee
Institutional Charges
Total (II)
Total ( I +II)

40

Rs.
7000
1500
1800
1800
800

Rs.
22000
2000
2000
3000
2000

200
200
150

600
300
300

150

400

200

600

250
3000
17050

600
3000
36800

19660

39410

I.

Caution Deposit
At the time of admission, each student is required to pay a refundable
caution deposit of 10,000 INR.

II.

Infrastructural Development Fund


Every semester, each student is required to pay Rs. 5,000 towards the
contribution to Infrastructure Development at MSE.

41