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ICFAI University to set up more centres

By Our Staff Reporter

THIRUVANANTHAPURAM, MARCH 2. The Institute of Chartered Financial Analysts of India (ICFAI) University will open six more National Colleges in Kerala to offer MBA degree with thrust on admission to students with rural background. The new centres are in Alappuzha, Aluva, Kannur, Kollam, Palakkad and Pathanamthitta.

These centres have been set up with the objective of providing international quality education at the district level, especially to students from the villages, according to S. Ram Mohan, Consultant, Public Relations and Service Quality, Kerala Region, ICFAI, and K. Nandakumar Menon, Principal, ICFAI National College, Thiruvananthapuram. Already four centres have been functioning in Kozhikode, Kottayam, Thrissur and Thiruvananthapuram, offering a regular MBA programme. The admission to the new colleges will be based on the performance of candidates in an entrance test, INCAT 2005, to be conducted in different centres on May 21.

The two-year MBA programme has been divided into four semesters. Internship for four months, career development and a full time English lab, also form part of the programme. These self-financing colleges collect a sum of Rs. 1.2 lakhs as fees for the entire course, including internship, they said. Compared to the fee structure for the MBA course elsewhere, the ICFAI courses are heavily subsidised, they said.

The ICFAI University has been set up by virtue of three specific Acts of three separate States, Uttaranchal, Tripura and Sikkim. The university will get the recognition of the University Grants Commission within 15 days.

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