NIIT in public-private partnership with 3 IIMs for new institute
New Delhi, Sep 12 (UNI) NIIT, India's leading IT trainer today announced a public-private partnership with three Indian Institutes of Management (IIM), with the launch of the new institute --'NIIT Imperia', that will provide management education to working executives using synchronous learning technology.
Synchronous learning technology enables remote classrooms to be connected live with the faculty teaching at the IIM institutes, that will use broadband with two-way audio video and special software.
As per the agreement, the content, teaching and certification and domain knowledge will be from one of the IIMs located at Ahmedabad, Kolkata and Indore, while the technology, synchronous classrooms across the country and the management of the distributed education system will be provided by NIIT.
''At present we have set up six centres of Advanced Learning at six cities in India including the four metros and Bangalore and Hyderabad at an investment of Rs five crore. In the next 3-5 years we hope to reach 75 cities with a Rs 20 crore investment,'' NIIT Chairman Rajendra S Pawar told reporters.
As of now, the institute will educate 150 in-service executives per programme, pegging the total at 3,000 management students.
''We hope to touch 25,000 to 30,000 students in the next five years,'' the Chairman added.
On the nature of the partnership between NIIT and the three IIMs, Mr Pawar said it was a ''fair and equitable deal, that will be based on the extent of inputs put in by each party.'' NIIT Imperia will offer two programmes from each of the three IIMs, including three General Management programmes for professionals with a minimum experience of 3 years, 6 years or 10 years from IIM Indore, Ahmedabad and Kolkata respectively.
A Strategic Business Communication prgramme fromm IIM-A, an Applied Finance Programme from IIM-C and a Sales and Marketing programme from IIM-I will also be offered. Programmes in technology, technology management and other specialised areas will also be introduced shortly.
The fees for IIM-A's four-month strategic business communication programme is Rs 53,500, while its seven-month General Management programme costs Rs 1,94,000.
IIM-C one year Applied Finance programme costs Rs 1,70,000, while its senior management programme costs Rs 1,94,000.
IIM-I's one year managemet programme and sales and marketing programme are priced at Rs 1,64,000 each.
A cadidate will have to appear for the Programme Aptitude Test (PAT) conducted by NIIT, and the Combined Application Process including PAT has a fee of Rs 1,000 for one programme and Rs 250 for every additional programme included in the same application. NIIT offers learning and knowledge solutions in 30 countries, and recently acquired Element K, a leading learning solutions provider in North America. The acquisition has taken the employee count to 3,000 with over 250 million dollars in revenue.
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