|
|
|
|
|
| Sylvan’s arm opens learning centre in Hyd | | | / Business Standard February 05,2003 | | | |
|
| Sylvan & #8217;S Arm Opens Learning Centre In Hyd |
| Our Regional Bureau / BUSINESS STANDARD Feb 05, 2003, 00:00 IST |
|
South Asia International Institute (SAII), set up by the Sylvan Learning Systems Inc, a US-based $ 670 million education services provider, commenced its operations today.
|
|
| SAII is planning to establish an ultra-modern campus spread over 125 acres at Shamshabad with state-of-the-art facilities including a well equipped library and computer laboratories.
|
|
The campus is presently under construction and is expected to be completed by 2005. Meanwhile, the institute will be operational in an interim facility in the city by offering dual degree programmes in the computer science, telecommunication and electronics engineering streams and a masters degree in computer science and engineering.
|
|
John Kevin Hoey, the senior vice-president (corporate operations) for Sylvan, told media persons here that the masters degree programmes were from the US accredited National Technology University (NTU), which is also managed by Sylvan Learning Systems, that offers courses in the distance education mode.
|
|
The courses are expected to commence by early August. “India's shift to a service-based economy is driving the significant and unmet demand for highly trained and educated workers. The Indian government has set a goal to increase the country's post-secondary education growth rate from 5 per cent to 10 per cent in the next five years, which requires creation of nine million new seats,” Hoey said.
|
|
“We are applying for a deemed university status to the institute so that both the degrees are fully recognised by the University Grants Commission,” he said.
|
|
Hoey declined to reveal the exact figure of investment on the campus, saying merely it is a multi-million dollar project.
|
|
The institute had claimed in November 2001 that the initial investment would be of the order of $ 30 million, of which equity component was estimated at about $12 million and the rest to be procured through borrowings. It is now trying to rope in a local partner for investment.
|
|
K Ananta Padmanabhan, the vice -chancellor of the institute, said that ten per cent of the students would be offered scholarships.
|
|
Tution fee for the courses is Rs 1.31 lakh per annum excluding accommodation and other expenses. The institute is also trying to arrange education loans to students through banks.
|
Content Guide
