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XLRI
to start Singapore classes in June
Tuesday, March 07, 2006
The Times
of India
SINGAPORE:
The Xavier Labour Relations Institute (XLRI), Jamshedpur, will set up a campus
in Singapore that will start operating from June this year. XLRI will be the third
Indian business school after the Indian Institute of Management, Bangalore (IIM-B)
and the SP Jain Centre of Management open shop in Singapore. According to a report
in the Today newspaper of Singapore, classes at the new school will begin with
an initial batch of 60 students, of whom 30 have already been identified. Fees
have been set at $28,000 for a full-time two-year postgraduate course in business
management, which, according to the report, are believed to be the most competitive
among similar business schools in Singapore. "We are able to charge such low fees
because they are based purely on costs - on how much is needed to run the programme.
We are a not-for-profit institution," the report quoted Father N. Casimir Raj,
director of XLRI, Jamshedpur, as saying. Unlike the six IIMs in India that are
funded by the government, XLRI is run by a Jesuit organisation whose charter allows
the setting up of branches anywhere in the world. Students in the Singapore campus
will be taught by XLRI's faculty who will fly in from India regularly, Father
Raj said. The campus will be housed at a property of Singapore's Housing and Development
Board (HDB) at Bukit Merah. Singapore will also be the regional headquarters of
XLRI, Father Raj told the paper. Apart from Singapore, XLRI has another overseas
campus in Dubai, which was opened in 2005. The IIM-B had run into trouble with
the government late last year after the former announced plans to set up a campus
in Singapore. Human Resource Development Minister Arjun Singh had opposed IIM-B's
move saying the IIMs should first fulfil domestic demand for management education
before setting up overseas branches. However, at a meeting with the directors
of the IIMs February 1, Singh gave his approval for these prestigious business
schools to offer management courses abroad after amending their memoranda of associations.
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