An endowment has been instituted by Sri. Suresh Subramoniam (1985 M) and Sri. Ramesh Subramoniam (1989 M) in the name of their father, Late Prof. P. G. Subraminia Sarma, former Professor of Mathematics. Prof. Sarma retired from CET in 1991 after thirty five years of teaching with longer stints in Government Arts College and University College, Thiruvananthapuram. The award will be presented every year to the student who passes the MBA degree program with highest marks from the Department of Business Administration of CET.

Recipient's Name	Year
Binsu Chandran	2003