Prize method of learning involving group (7)
I believe the answer is:
rosette
'prize' is the definition.
(I've seen this before)
'method of learning involving group' is the wordplay.
'method of learning' becomes 'rote'.
'involving' is an insertion indicator.
'group' becomes 'set' (both can mean a collection).
'rote' going around 'set' is 'ROSETTE'.
(Other definitions for rosette that I've seen before include "Type of award" , "shape for diamonds" , "Recognition of prize" , "Colourful decoration worn by supporters" , "Arrangement of ribbons presented as a prize" .)