Come 2013 and Delhi University?s (DU) prestigious faculty of management studies (FMS) will have a new home?South Campus. The institute has already been allotted R55 crore besides almost 6 acres of land where a residential five-storey complex will come up. The new campus is being constructed not only to accommodate the 1,200 odd students but also because it is closer to the international airport and Gurgaon?where most of the multi-national corporations are located.
At present, FMS operates from two campuses and offers both full time and part time MBA programmes. It offers the flagship two-year MBA programme from North campus and part-time programme in the evening from South campus. Once the new campus in the South comes up, the existing campus in North will cease to exist.
? There has been a fourfold increase in the student strength since 1990 and we need a bigger campus for that. Also, managing two campuses is a challenge. The new complex will be constructed by 2013 and Engineers India Limited is building it,? Prof Raj S Dhankar, newly appointed dean of FMS told FE.
The plan has been approved by DU which will go ahead with the activities and execution of the new campus. Land has been allotted for the campus and the building plan is also approved. Not only will the new campus do justice to the student strength but FMS is also looking at doubling its faculty strength from the current 32 to 65. For that, 20 houses have already been built for the faculty besides a part of the hostel for students.
Moreover, the south campus is closer to Gurgaon and this would be beneficial for working executives who are pursuing part time MBA from the institute and also work in Gurgaon and Noida. ?South campus is definitely closer to Gurgaon and corporates visit us quite often. With this campus, FMS will compete with the best of the B schools in the world,? he added.
In fact, one the new facility is in place, the duration of FMS? 3-year evening programme will also be reduced to two years. ?We are thinking of restructuring the evening programme because there are many B schools in NCR which offer 3-year programmes. Hence, the need to repackage it,? Dhankar added.
