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SHIKSHANA PRASARAKA MANDALI, PUNE

President : Justice Y. V. Chandrachud


Former Chief Justice of India

Vice-Presidents : Seth Sushil Kumar Ruia


Shri Balasaheb J. Pandit

MANAGING COUNCIL :

Chairman : Prof. V. D. Sarlashkar

Vice-Chairman : Shri B. V. Radkar

Secretary : Dr. G. K. Shirude

PRIN L. N. WELINGKAR INSTITUTE OF


MANAGEMENT DEVELOPMENT & RESEARCH

Local Managing Committee

Shri B. V. Radkar .. Chairman

Shri V. V. Joshi .. Member

Shri V. R. Desai .. Member

Dr. G. K. Shirude .. Member

Shri P. W. Manolkar .. Member

Shri S. G. Bhalerao .. Member

Shri Abhay Dadhe .. Member

Prof. Dr. Uday Salunkhe (Director) .. Secretary

Associate Dean Director


Prof. Minal Gupte Prof. Dr. Uday Salunkhe
Evening Batch / Sunday Batch /
Distance Learning Courses
Index
Sr. No. Heading Page No.

1. From the Director’s Desk 1

2. Information about Welingkar Institute 2

3. Admission Procedure 4

4. Eligibility 5

5. Information about Courses 6

6. Course Contents 10

7. Instructional System: Lectures 14

8. Examination Process 14
Monday to Friday Evening Bacth / Sunday Batch /
Distance Learning
DLP Type I, II, III

9. Guidelines for giving exam through Aptech Centres 17

10. Other Information 18

11. Discipline 20
From the Director's Desk

"Imagination is more important than knowledge. For knowledge is limited to all we now
know and understand, while imagination embraces the entire world, and all there ever
will be to know and understand." Albert Einstein

At Welingkar, we are more than convinced about the need for radical change in
management education. In an era of uncontrolled growth of population, products, services,
scientific and technological information, it is challenging and hence interesting to sense
changes around us. Emerging, unarticulated needs and realities need new approaches.
Cross disciplinary learning, discovering, scrutinizing, prototyping, learning to create
and destroy the mind’s eye needs to be nurtured. Welingkar has choosen to take the
untrodden path where we look forward to creating a new environment where "Design
Thinking" and "Business Management" are woven together.

With our long-standing tradition and history of excellence, we look forward to giving
you the support of a recognized brand that signifies contemporary and quality
management education. We offer top-quality academic programs and outstanding faculty,
who nurture a reputation for scholarly achievement and are dedicated to the teaching-
learning-research process.

At Welingkar, our Diploma programs promise to help you in the development of your
career to its fullest potential at an accelerated pace. We offer you an invaluable access to
a network of students, alumni, faculty & business leaders, which can be very useful
when you start searching for a job, developing a career path, building business
relationships in your current career, or pursing expertise outside your current field.

With this, I welcome you to undergo an intensive, developmental experience that


stimulates intellectual and personal growth.

Prof. Dr. Uday Salunkhe

Director

1
Information about Welingkar Institute
● Shikshana Prasaraka Mandali is one of the oldest educational society
in the state of Maharashtra. It manages 41 educational institutions in
Maharashtra.

● Shikshana Prasaraka Mandali manages Sir Parshurambhau College,


(popularly known as S. P. College) & Tilak College of Education in Pune.
It also manages Nutan Marathi Vidhyalay (popularly known as NMV),
Ruia Mook Badhir Vidhyalay & Naralkar Institute of Management in
Pune. In Solapur, it manages Haribhai Devkaran Prashala, (popularly
known as H D High School).

● In Mumbai, Shikshana Prasaraka Mandali started the R. A. Podar College


of Commerce & Economics, in 1941. This college has earned a reputation
as one of the best commerce colleges in this part of the country. Ramnarain
Ruia College of S. P. Mandali has also earned a reputation as one of the
best Arts & Science College in Mumbai.

● Prin. L. N. Welingkar Institute of Management Development & Research


was established by the Shikshana Prasaraka Mandali in the year 1977.
It has taken some giant strides recently and has now become the premier
management training Institute in the city of Mumbai and among the best
known in the country. It attracts students from all over the country.

● Assessing the growing need in the corporate sector for scientific


management, the Mandali as early as in 1974, obtained permission of the
University of Bombay for conducting DMS i.e. Two year Part-Time Diploma
Program in Management Studies.

✤✤✤✤

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Welingkar Accreditations & Recognitions -

● All India Council for Technical Education (AICTE), New Delhi

● Mumbai University

● HRD Ministry, Government of India

● Distance Education Council [ DEC ], Govt. of India

Welingkar Rankings -

● Ranked 15th Nationally, 5th as per 'Recruiters' and 3rd by 'Functional


Heads' and 'Young Executives' (Best Business Schools survey conducted

by Business Today, 2007)

● Received Dr. J. J. Irani Award for the Best Management Institute

● 15th by Business Today in the B-School Ranking, 2006

● 10th in the private B-School category by Outlook in the B-School Survey,

2006 and 5th in the Global Linkages category

● Ranked 3rd in the state of Maharashtra and 4th in Networking in the Top
B-Schools Business World Cosmode Survey, 2005

● Ranked 14th in South Asia in 'Asia’s best MBA Schools 2004' as per 'Asia
Inc.', leading Singapore based business and views magazine

● Selected as A+: Level 1 Management Institute by Business India, 2004

3
Admission Procedure for
Diploma Courses
Recognized by the Distance Education Council (Govt. of India)

Distance Learning Program (DLP) Type I -


Monday to Friday (Evening Batch)
Distance Learning Program (DLP) Type II - Sunday Batch
Distance Learning Program (DLP) Type III - By Schedule

✫ The prospectus & admission forms are available at the Institute on


payment of Rs.100/-, and by post Rs. 150/- through DD in the name of
‘Welingkar Institute of Management’, payable at Mumbai.

✫ The form can be downloaded from our website www.welingkar.org in


which case Rs. 150/- will be added to the course fee.

✫ Admissions will be restricted to a selected number of students for each


program.

✫ Fees are payable in full at the time of admission.

✫ Fees once paid shall not be refunded for any reason under any
circumstances.

✫ Attested photo copy of the marksheet (Graduation / Diploma) and recent


pass port size photograph along with the form should be submitted to the
office.

✫ After verifying the application form in the office, students should register
the form through our online registration system (guided by the office staff).
The student can pay the fee either in cash or by cheque or by a DD in the
name of ‘Welingkar Institute of Management’ at the ICICI Bank which
is located in Welingkar Bldg. Gr. Floor, after collecting the challan from
the office.

✫ After the fee is deposited into the ICICI Bank, collect your Identity
Card & study material from the office.

✫ DIRECT ADMISSION: Send a DD of Rs. 150/- along with the course fee
in favour of ‘Welingkar Institute of Management’, payable at Mumbai.

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Eligibility

1 Year Diploma

The following candidates are eligible to pursue the 1 Year Diploma programs:

A. Graduate in any faculty (Arts, Commerce, Science, Engineering, Pharmacy,


Medicine, Architecture, Computer Science, and Business Administration.
Students who have appeared for the Final year may also apply. Admission
will be confirmed only on submission of the attested Xerox copies of their
degree certificates/final year mark sheets and subject to the student
successfully completing the Degree prior to commencement of the program.

B. Diploma holders in Engineering, Technology, Chemical, Pharmacy, Textile,


Printing Technology, Computer Science, Business Administration and other
Vocational Diploma courses.

C. Passed Class XII and having two year full-time work experience post class
XII may apply. Candidates will need to produce work experience certificate.

Six Months Diploma

The following candidates are eligible to pursue the Six month Diploma programs.

A. Graduate in any faculty (Arts, Commerce, Science, Engineering, Pharmacy,


Medicine, Architecture, Computer Science, and Business Administration.
Students who have appeared for the Final year may also apply. Admission
will be confirmed only on submission of the attested Xerox copies of their
degree certificates/final year mark sheets and subject to the student
successfully completing the Degree prior to commencement of the program.

B. Diploma holders in Engineering, Technology, Chemical, Pharmacy, Textile,


Printing Technology, Computer Science, Business Administration and other
Vocational Diploma courses.

C. Passed XII in any faculty may apply.

All the above qualifications must be from Institutions / Universities


recognized by the Government of India.

The eligibility conditions for the programs are subject to change and the
students will need to check with the Institute website and administration
for updated information.

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Information about the Distance Learning
Program (DLP) Courses
Recognized by the Distance Education Council (Govt. of India)

(a) Type I (DLP) Evening Batch, Monday to Friday Batch


(b) Type II (DLP) - Sunday Batch (c) Type III DLP - By Schedule
The Institute conducts classes from 6.30 pm to 8.30 pm Monday to
Friday (Evening Batch) for students who enrol for the Diploma courses.
Highly qualified faculty with industry experience are invited as visiting
professors to teach various subjects. They help students develop managerial
aptitude. The case studies and practical examples supplement the
theoretical knowledge of students in various subjects in the management
field. Students who complete the diploma courses in Welingkar Institute
get an opportunity to develop a personality necessary for playing a
meaningful role in the management cadre. That is why, there is a good
demand from the industry for students who have completed their diploma
courses from Welingkar Institute.

We also offer Only Sunday (Type II) Batch. The class timings are 9.00
am to 6.00 pm (in addition to this, classes will be held on Saturday / Bank
holidays to complete the portion). This facility is available for all diploma
courses.

We also offer Distance Learing Courses Type III By Schedule Program at


Matunga, Borivali, Dombivali, and Pune.

A. One year Diploma Course Fees (Rs.)


Evening Batch Sunday Batches By Schedule
Type I Type II Type III

1. Diploma in Business Management (DBM) Rs. 20000/- Rs. 22500/- Rs. 10700/-
2. Diploma in Industrial Management (DIM) Rs. 20000/- Rs. 22500/- Rs. 10700/-
3. Diploma in Marketing Management (DMkM) Rs. 20000/- Rs. 22500/- Rs. 10700/-
4. Diploma in Materials Management (DMtM) Rs. 20000/- Rs. 22500/- Rs. 10700/-
5. Diploma in Human Resource Management (DHRM) Rs. 20000/- Rs. 22500/- Rs. 10700/-
6. Diploma in Financial Management (DFM) Rs. 20000/- Rs. 22500/- Rs. 10700/-

B. Six Months Diploma


1. Diploma in Tax Management (DTM) Rs. 10000/- Rs. 12500/- Rs. 7500/-
2. Diploma in Export Import Management (DEIM) Rs. 10000/- Rs. 12500/- Rs. 7500/-
3. Diploma in Advertising & Public Relations (DAPR) Rs. 10000/- Rs. 12500/- Rs. 7500/-
4. Diploma in Entrepreneurship Management (DEM) Rs. 10000/- Rs. 12500/- Rs. 7500/-

(Fees are subject to revision at anytime without notice)

6
✫ In May 2007, the enrollment of students for management courses of

Welingkar Institute had exceeded 85,000 students. Many of them are

working in well known companies all over India and some of the students

are working in developed countries such as America, England, Canada,

Japan, etc.

✫ The medium of instruction is English. The study material is written in

simple and lucid language by experiened and practicing managers.

✫ The Diploma Courses commence twice in a year, i.e. in the month of

July / August and in January every year. The one year courses are divided

into two semesters. Each semester consists of five subjects.

✫ The course fee includes the cost of study material and one time exam fees.

✫ Sunday batch students can access the time table for Sunday lectures on

Saturday on the website: www.welingkaronline.org

✫ Convenient and flexible online exam pattern through Aptech Ltd. at various

centres.

✫ The study material gives adequate working knowledge of various subjects

to students in the management field.

✤✤✤✤

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Information about Distance Learning

DLP (Type III) By Schedule

✫ Many students are interested in completing management courses through


Distance Learning or online courses in many towns and urban cities where
management institutes are not established. Students in Mumbai who
cannot attend lectures regularly and students in all other cities and towns
can complete diploma courses at Welingkar Institute by Distance Learning
or through the online mode.

✫ The study material gives adequate working knowledge of various subjects


to students in the field of management.

✫ All the study material is available in English.

✫ Convenient and flexible online exam pattern through Aptech Ltd. at various
centres.

✫ The Diploma Courses commence twice in a year, i.e. in the month of July
/ August and in January every year. The one year courses are divided into
two semesters. Each semester consists of five subjects.

8
DLP (Type III) By Schedule

A) One year courses Total course fees


for Distance
Learning course
(Including contact
classes,
examination fees and
cost of study
1. DIPLOMA IN BUSINESS material)
MANAGEMENT (DBM) Rs. 10,700/-

2. DIPLOMA IN INDUSTRIAL
MANAGEMENT (DIM) Rs. 10,700/-

3. DIPLOMA IN MARKETING
MANAGEMENT (DMkM) Rs. 10,700/-

4. DIPLOMA IN MATERIALS
MANAGEMENT (DMtM) Rs. 10,700/-

5. DIPLOMA IN HUMAN RESOURCE


MANAGEMENT (DHRM) Rs. 10,700/-

6. DIPLOMA IN FINANCIAL
MANAGEMENT (DFM) Rs. 10,700/-

B) Six month courses

1) DIPLOMA IN TAX
MANAGEMENT (DTM) Rs. 7,500/-

2) DIPLOMA IN EXPORT
IMPORT MANAGEMENT (DEIM) Rs. 7,500/-

3) DIPLOMA IN ENTREPRENEURSHIP
MANAGEMENT (DEM) Rs. 7,500/-

4) DIPLOMA IN ADVERTISING &


PUBLIC RELATIONS (DAPR) Rs. 7,500/-

NRI Fees:-
Rs. 21,400/- for 1 year courses
Rs. 15,000/- for 6 months courses

[Fees are subject to revision at anytime without notice]

9
Diploma Courses (Evening Batch /
Sunday Batch / Distance Learning (By
Schedule)
Course Contents for DLP Type I, II & III
✫ DIPLOMA IN BUSINESS MANAGEMENT (DBM)
(First Semester)
1. Principles of Management
2. Marketing Management
3. Business Communication
4. Consumer Buyer Behaviour
5. Purchasing & Materials Management

(Second Semester)
6. Human Resource Management
7. Information Technology for Management
8. Financial Accounting
9. Strategic Management
10.Organizational Behaviour

✫ DIPLOMA IN INDUSTRIAL MANAGEMENT (DIM)


(First Semester)
1. Principles of Management
2. Industrial Relations & Labour Laws
3. Business Communication
4. Total Quality Management
5. Production Management

(Second Semester)
6. Human Resource Management
7. Information Technology for Management
8. Cost Accounting
9. Supply Chain Management
10.World Class Manufacturing

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✫ DIPLOMA IN MARKETING MANAGEMENT (DMkM)
(First Semester)

1. Principles of Management

2. Marketing Management

3. Business Communication

4. Marketing Research

5. Consumer Buyer Behavior

(Second Semester)

6. Advertising & Sales Promotion

7. Information Technology for Management

8. Sales Force Management

9. Strategic Management

10.International Marketing

✫ DIPLOMA IN MATERIALS MANAGEMENT (DMtM)

(First Semester)

1. Principles of Management

2. Marketing Management

3. Business Communication

4. Purchasing & Materials Management

5. Production Management

(Second Semester)

6. Human Resource Management

7. Information Technology for Management

8. Supply Chain Management

9. Inventory Management

10.World Class Management

11
✫ DIPLOMA IN HUMAN RESOURCE MANAGEMENT (DHRM)

(First Semester)

1. Principles of Management

2. Marketing Management

3. Business Communication

4. Effective H.R. Training & Development Strategy

5. Industrial Relations & Labour Law

(Second Semester)

6. Human Resource Management

7. Information Technology for Management

8. Financial Accounting

9. Wages & Salary Administration

10.Organizational Behaviour

✫ DIPLOMA IN FINANCIAL MANAGEMENT (DFM)

(First Semester)

1. Principles of Management

2. Financial Accounting

3. Security Analysis

4. Financial Services

5. Business Communication

(Second Semester)

6. Financial Management

7. Information Technology for Management

8. Portfolio & Risk Management

9. Cost Accounting

10.Managerial Economics

12
Six Month Courses
(Evening Batch / Sunday Batch /
Distance Learning)
Course Contents DLP Type I, II & III

✫ DIPLOMA IN TAX MANAGEMENT (DTM)

1. Direct Taxes - I
2. Direct Taxes - II
3. Indirect Taxes - I (Central Excise & Custom Duty, Service Tax)
4. Indirect Taxes - II (Central Sales Tax, Maharashtra VAT Act)

✫ DIPLOMA IN EXPORT IMPORT MANAGEMENT (DEIM)


1. International Marketing
2. Banking Transactions
3. EXIM Policy (Foreign Trade Policy)
4. Import Procedures, Documents & Customs
5. Export Procedures & Documents

✫ DIPLOMA IN ADVERTISING AND PUBLIC RELATIONS (DAPR)


1. Advertising, Design & Media
2. Account Planning and Servicing
3. Consumer Buyer Behaviour
4. Public Relations

✤ DIPLOMA IN ENTREPRENEURSHIP MANAGEMENT (DEM)


(ONLY DISTANCE LEARNING)
1. Principles of Management
2. Marketing Management
3. Finance Management
4. Human Resource Management
5. World Class Management

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Instructional System: (Lectures)

1) Evening Batch: For each subject there are 12 lectures


DLP Type I of 2 hours each from 6.30 pm to 8.30 pm

2) Sunday Batch: For each subject there are 9 lectures of 3


DLP Type II hours each from 9.00 am to 6.00 pm

3) Distance Learning Batch: For each subject, there are 3 lectures of 2


DLP By Schedule Type III hours each held on either Saturdays,
Sundays or bank holidays
Study Centres (Personal Contact Program)
Lectures for Distance Learning students:
One Year courses: Matunga, Dombivali, Borivali & Pune
Six Month courses: Matunga only

Examination Process
For Evening Batch / Sunday Batch / Distance Learning
(By Schedule)
DLP (Type I, II & III)

✫ The examination is carried out on a flexible & convenient online system,


based on semester pattern (for one year Diploma) at Aptech Centres. It
is held in the month of December & May / June every year. The duration
of each exam is 1 hour.

✫ Online exams will be given in English only.

✫ The student who secures 50% marks is declared to be successful in that


subject. The results are declared within 30 days from the last date of the
examination period.

✫ The study material is in English.

✫ The exam time-table will be put up on the notice board as well as on the
website of the institute a month prior to the exam and students are
requested to take note of it. (For Evening Batch / Sunday Batch students
& Distance Learning by Schedule)

14
✫ The detailed schedule of the examination and PCP lectures will be
conveyed to the students well in advance (for Distance Learning / Online
students). The same will be uploaded on the website.

✫ The student who does not appear for the examination or who gets less
than 50 marks in a particular subject, can re-appear for the examination
in the next semester by filling the re-examination form along with the
fee of Rs.100/- per subject, a month prior to the examination.

✫ If a student is not able to appear or has failed in the examination of a


particular course within three years, he should re-register his name by
paying Rs. 250/- as re-registration fees along with re-exam fees of Rs.
100/- per subject.

✫ Those students who are declared successful in all the papers of a particular
diploma course will be awarded Diploma from Welingkar Institute of
Management during the convocation held in the month of April every
year.

✤ From January 2006, examination for the Diplomas of Evening / Sunday


Batch / Distance Learning / online exam. The checking process is
automatic hence re-evaluation of the papers will not be entertained.

15
DLP Type III

Online Exam Centres (At “Aptech Ltd”)

Sr. No. Location


1 Ahmedabad
2 Bengaluru - Mission Road

3 Delhi - Paschim Vihar


4 Mumbai - Andheri (W)
5 Mumbai - Andheri (E)

6 Mumbai - Andheri (E) - Chandivali


7 Mumbai - Sion
8 Mumbai - Mulund

9 Mumbai - Nerul
10 Mumbai - Malad
11 Mumbai - Mumbai Central

12 Mumbai - Thane
13 Mumbai - Dombivali
14 Nagpur

15 Pune KR
16 Pune FC Road
17 Pune Camp

18 Aurangabad
19 Kolhapur
20 Nasik

21 Rajkot

Please See Website : www.welingkaronline.org


for online Exam Centre
✤✤✤✤

16
Guidelines for giving exams through Aptech Centres

DLP Type I, II , III

(for Evening Batch / Sunday Batch / Distance


Learning By Schedule)

To give more flexibility and to make the entire exam process more convenient
for our students, we have tied up with Aptech Ltd. for Online exams.

The following are the major features:

1) You can give the exam from any of the Registered Centres of Aptech.
( List of Registered Centres are given herewith for your reference.)

2) Aptech Centres are open 7 days a week from morning 9.00 am to evening
7.30 pm. There are 8 time slots available each days. You can give the
exams in any sequence as per your choice on any day during any of the
8 time slots available between morning 9.00 am to evening 7.30 pm.

3) While giving the exams you can go back to any question and review /
change your answers any number of times. There will be a facility by
which you can know which questions have been skipped or which question
you want to review later on.

4) Prior to giving the exams, you have to book in advance the date, the
subject, the time slot and the Aptech Centre from our website
www.welingkaronline.org, during the stipulated period.

5) You have to print out the Hall Ticket for each subject. For e.g. if you
wish to appear for 5 papers, you have to print out 5 hall tickets.

6) Student must report 15 minutes before the commencement of the exams


at the selected Aptech Exam Centre on the date chosen by you. You have
to show the hall ticket printed by you at the Centre along with another
identity proof like - Welingkar ID Card / Driving Licence / PAN card /
Valid Passport.

6) Dates for Online Booking of exams will be indicated seperately.

7) Guidelines for booking test slots will be available on our above mentioned
website at an appropriate time prior to the exams.

17
Other Information
✫ Please bring your Id-Card & Fee Receipt issued by Welingkar Institute
whenever you visit the Institute as well as at the time of examination.

✫ Library facility is made available to students on payment of


Rs. 500/- as library deposit, which is refundable for January batch till
31st of March & for July batch till 15th of October and for Distance by
Schedule Learning students library fee is Rs. 1000/- (Rs. 500/- as library
deposit which is refundable).

✫ A student who has successfully completed one Diploma course from


Welingkar Institute can register himself for the second Diploma course.
The students are not required to appear for the examination of those
subjects in which they have already secured 50% or more marks in the
exam of the first Diploma course. He has to appear for the exam of only
those subjects which are additional in the second Diploma course. He
has to pay the entire fee for the second Diploma and it will be completed
within 6 months.

✫ A student who has lost his Identity Card / Fee Receipt can apply for a
duplicate Id Card / Fee Receipt along with a fee of Rs. 100/-.

✫ Students who have successfully completed their Diploma can apply for a
provisional certificate on payment of Rs.100/-.

✫ Students who have successfully completed their Diploma will be awarded


a certificate by the Welingkar Institute of Management. Every
student will get a marksheet showing the marks obtained by the
student in the subjects they appeared for.

✫ After successful completion of Welingkar one Diploma Course, a student


can directly join another Diploma course. Graduate or any Diploma holder
with 3 years of work experence can directly join in the 2nd Semester of
PGDBA (DLP) course of Welingkar Institute. (Conditions Apply)

✫ CHANGE OF RULES : “The Institute reserves the right to change


the rules, if necessary, at any time without notice.”

18
✤ The student will be graded on the basis of aggregate marks obtained as
under:-
The grade will be mentioned in the Diploma certificate which is awarded
to the students.

Marks Grade
65% and above A+
60% to 64.99% A
55% to 59.99% B+
50% to 54.99% B

✤ CONVOCATION

✤ The Annual Convocation of the Institute for awarding Diplomas to the


successful candidates would be held every year in March/April only. The
same will be intimated to the student in February/March. Students can
attend the convocation and receive the Diploma from the hands of the
Chief Guest.

✤ Those students who are unable to attend the convocation can collect their
Diploma a week after the convocation or 15 days after the convocation it
will be despatched to the student’s address.

Office Timings:

Monday to Friday 11.00 am to 6.30 pm

Saturday - 11.00 am to 5.30 pm

✤✤✤✤

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DISCIPLINE

✫ Conduct of the students in their classes as well as in the premises of the


Institute shall be such as will cause no disturbance to fellow students or
other classes.

✫ Students must not loiter about or congregate in the Institute premises


while the classes are in progress.

✫ Student must take proper care of the institute’s property and help in
keeping the premises neat and clean. Any damage to the property of the
Institute will have to be paid for by the student concerned.

✫ In the name or premises of the Institute, no society, association,


organisation, etc shall be formed, no collection will be made, no tickets
will be sold, no function or social event will be arranged, no person will be
invited to address students, no notice will be printed and / or circulated
without the permission of the Associate Dean. No notice shall be put up
on the notice boards, no announcement will be made without the Associate
Dean’s written permission.

✫ Students should, in their own interest, read the notices daily including
change in class timings, examination time table etc, which are displayed
on the notice board from time to time.

✫ Students joining the Institute are required to abide by all the Rules and
Regulations, that may be issued by the Institute’s authorities from time
to time and to submit to the normal enforcement of the same to the
satisfaction of the Institute’s authorities whose decision in all mattters
shall be final and the same shall not be called in question on any ground
whatsoever.

✤✤✤✤

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ALL PROGRAMS SUMMARY

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