NRIs in Middle East to launch business school in Kerala

A group of non-resident Keralites in the Middle East are launching a Rs 300 million business school in July.

A group of non-resident Keralites (NRKs) in the Middle East are launching a Rs 300 million ($7 million) business school here in July.

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The institution, called the Asian School of Business, would offer MBA equivalent programmes and start with the first batch of 60 students in July, said one of the backers.

The B-school would initially function from a 12,000 sq ft place at the Technopark campus here before moving to its own campus.

The formal announcement about the school is expected later this month.

"One reason why we are silent at the moment is that we are finalising the faculty. We are going to have a highly qualified and experienced faculty from both India and abroad," the backer said.

The school, offering a two-year postgraduate course, would have tie-ups with world-class business schools for exchange programmes and curriculum.

The thrust areas would be management and technology management. Besides the full-time course, the Asian School of Business would also offer a

part-time course for working professionals.

Fees would be comparable to similar institutes in the country and the governing body would comprise "top notch professionals", sources said.