As you refer to reducing and enlarging, squeezing is a clean way here together with Riemann sums:
To do so, apply Taylor to $e^x$ with 2nd degree remainder and bound the remainder:
- $x> 0 \Rightarrow e^x-1 = x+ \frac{e^{\xi}}{2}x^2 \mbox{ with } 0<\xi <x$
- $\stackrel{0 \leq x\leq 1}{\Rightarrow} x + \frac{1}{2}x^2 \leq e^x-1 \leq x + \frac{e}{2}x^2$
Applying this to your sum you get
$$\underbrace{\sum_{k=1}^n\left(\frac{k}{n}\right)^2\frac{1}{n}}_{\stackrel{n\to \infty}{\longrightarrow}\int_0^1x^2\;dx} + \frac{1}{2n}\underbrace{\sum_{k=1}^n\left(\frac{k}{n}\right)^4\frac{1}{n}}_{\stackrel{n\to \infty}{\longrightarrow}\int_0^1x^4\;dx} \leq \sum_{k=1}^n\left(e^{\frac{k^2}{n^3}}-1\right) \leq \underbrace{\sum_{k=1}^n\left(\frac{k}{n}\right)^2\frac{1}{n}}_{\stackrel{n\to \infty}{\longrightarrow}\int_0^1x^2\;dx} + \frac{e}{2n}\underbrace{\sum_{k=1}^n\left(\frac{k}{n}\right)^4\frac{1}{n}}_{\stackrel{n\to \infty}{\longrightarrow}\int_0^1x^4\;dx}$$
Now, sending $n\to \infty$ gives $\lim_{n\to \infty}\sum_{k=1}^n\left(e^{\frac{k^2}{n^3}}-1\right) = \int_0^1x^2\;dx = \frac{1}{3}$.