MYSORE: The University of Mysore has modified its admission policy for postgraduate courses as per a decision taken during the 43rd Inter University Board meeting held recently.

This was approved in the Academic Council meeting of the university held here on Saturday, according to which 50 per cent of the postgraduate seats will be reserved for students of the varsity.

The remaining 40 per cent will be available for students from other universities in the State and 10 per cent for students from universities outside the State.

The above modified admission policy recommended and resolved in the Inter University Board meeting was placed before the Academic Council for its approval and implementation from the academic year 2006-07.

The university has also entered into a pact with the Karnataka State Cooperative Urban Banks Federation. As per the memorandum of understanding, the federation has been permitted to start Certificate and Diploma examination courses. The first diploma course will commence from January 2006. However, the federation perceived the need to revise the subject content and pointed out the imperatives to incorporate and modify the syllabus pertaining to Foreign Exchange and Management Services. Based on the review, it was decided to change the subject to Foreign Exchange and Financial Services to make the paper relevant to the needs of the urban banking systems. The issue was put before the Council and approved. The university has decided to close down B. Basavalingappa Residential First Grade College, Kollegal, as the management is finding it difficult to manage the institution. However, K.T. Srikantegowda, MLC, urged the university to make alternative arrangements for students and faculty of the college. He said he is not against the proposal to close down the college, but the authorities should bear in mind that the families of faculty will be left in the lurch if no alternative arrangements are made to absorb them elsewhere. The Vice-Chancellor J. Shashidhar Prasad said they will look into the possibility of having posted them as guest lecturers elsewhere.

Prof. Prasad said that the varsity is emerging as a role model for other universities in the country and there is an increase in the number of foreign students studying here.

The university will construct a modern hostel to cater to the needs of the international students. Governor and Chancellor T.N. Chaturvedi will lay the foundation stone of the international hostel next month, Prof. Prasad said.

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