Two years from now, the Faculty of Management Studies (FMS) of the Delhi University will have a new address: The South Campus.The institute, which is credited with granting one of the cheapest MBA degrees in the world (Rs 10,480 a year for the two-year programme), and the best return on investment, too, observes that the new campus, closer to Gurgaon and the industrial area, will increase its exposure to the corporate sector.“We have been thinking of shifting to the South Campus for the past three years. It took time for approvals to come. The decision to shift to the South Campus was taken mainly due to space constraints at the North Campus. The new campus will allow the institute to efficiently manage and utilise its intellectual and physical infrastructure, which was getting affected primarily because of the distance between the two campuses and the separated administration,” said professor FMS Dean Raj S Dhankar.The institute plans to build the new structure on the lines of the best B-schools in the US, with state-of-the-art classrooms, libraries and computer labs, keeping in mind the requirements for the next 20 years.“FMS, which has grown four-fold since 1990 with barely any additional infrastructure, will have a completely residential building to accommodate 1,200 students across its five MBA programmes, in FMS’ own campus separate from DU,” adds Dhankar.
FMS also plans to let the students have hands-on experience with industry experts to make them feel completely confident when they enter these industries. “We’ll have finance labs, marketing labs, etc. Once these happen, FMS will be able to compete in a better manner with Indian institutions as well as foreign universities entering India,” says Dhankar, has also served as the vice-chancellor of the University of California, Los Angeles, besides his 34 years of teaching experience.FMS, one of the oldest proponents of management education, started its MBA programme (in 1954) even before the Indian Institutes of Management. The institute, which ranks among the top-10 B-schools in the country, has also offered courses like Public System Management, Health Care Management, etc.The institute recently combined its two full-time courses — North Campus’ full time MBA and South Campus’ MBA (management of services) — into one flagship programme, while retaining the earlier batch strength of 226. www.businessstandard.com
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