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SP Jain Centre of Management (SPJCM) is set to become the first Indian business management school to start classes in Singapore when it opens its doors next month. It will pip the prestigious government funded Indian Institute of Management, Bangalore (IIM-B), which has announced the opening of a Singapore campus but has seen the project plagued by internal delays.
SPJCM opened talks with the Singapore authorities only six months ago and got permission to operate here only in December. Its first batch of 35 students will start classes on April 10 in a heritage building on a seven-acre campus at Hyderabad Road off Alexandra Road. The building is being retrofitted at a cost of at least $10 million and will have state-of-the art technology, the newspaper Today quoted Nitish Jain, president of SPJCM, as saying.
Noting that his school was the first Indian and the fourth international institute to be granted university status after the University of Chicago School of Business, Insead of France and the University of New South Wales, Jain told Today that this reflected the “pro-active attitude and openness” of Singapore. “I cannot think of any other country that would have been so focused on what it wants and so encouraging. Had it not been for the Economic Development Board, which literally paved the way for us to come here, it would have taken us longer,” Jain told Today.
- Sourced from The Economic Times, Bangalore edition.
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