Methodology - Award | SKOCH BFSI Award

Methodology for SKOCH BFSI Award

We at SKOCH, strive to maintain the highest levels of integrity and confidence for all nominees and awardees. SKOCH Award Methodology as is follows:


Stage 1 – Nomination & Registration

You are requested to nominate your initiatives for SKOCH BFSI Award. Nominations to be made using the online link.

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Stage 2 – Research & Validation

SKOCH Research team will verify the details and correctness of the nomination, do desk research, take telephonic feedback and use SKOCH domain knowledge.


Stage 3 – Interaction with Jury

Face to face interaction of the shortlisted nominees via virtual session with the panel of domain experts. Experts make ratings and these are added to the score of the nominee's score.


Stage 4 – Popular Vote

SKOCH Team will create and publish page for shortlisted nominees for popular voting. Popular vote is to help organisations create a buzz around one’s good work with peers, colleagues and benchmark popularity against the peers from other organisations.


Stage 5 – Merit List

Semi-finalists are announced and Order-of-Merit list is published on the website by SKOCH Team. All Order-of-Merit recipients to be invited for Summit and Award ceremony to receive Order-of-merit certificates and also compete for the coveted SKOCH Award which will be announced on the same day.


Stage 6 – Expert Vote

All finalists are invited to participate in the online digital exhibition and solicit Expert Votes. A Weightage of 10% would be added in the total score from this activity. SKOCH Team will create pages on the exhibition portal along with additional material provided by the nominees.


Stage 7 - Live Voting

This is the last step happens on the day of the conference and award ceremony where delegates attending the conference would vote for the nominees. 10% Weightage of this is added in the score.


Stage 8 – Way to Final

Using SKOCH Award raking system, a cutoff is decided and final awardees are announced and conferred SKOCH Award during the Conference and Award Ceremony.

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