Global MBA from SP Jain Centers

S P Jain Centers of Management (SPJCM) at Dubai and Singapore are coming out with a 'Global MBA' programme, which will commence from the 2006-07 academic year.

The two centres of SPJCM are the international campuses of Mumbai-based S P Jain Institute of Management and Research, which has been ranked as a leading business school in Asia.

According to SPJCM vice-president (business development) A Christopher, students aspiring to join the one-year programme can appear for the SPJCM aptitude test to be held in Delhi, Mumbai, Kolkata, Bangalore, Dubai and Singapore on December 24. The institute will also recruit students basing on the marks obtained by them in the common admission test (CAT) and the XLRI admission test (XAT).

Christopher told newspersons here on Thursday that the students admitted to the institute have to live and undergo their academic courses for six months each in Dubai and Singapore campuses.

The one-year programme would cost about Rs 12 lakh, which includes course fee of about Rs 7.5 lakh, living expenses of about Rs 3.5 lakh, insurance charges and purchase of a laptop. The institution, however, will not charge application fee.

The institute is expecting over 5,000 applications for the available 150 seats each in the two campuses.

In 2004-05, over 40 companies including Bank of America, Citibank, Kempinski Group, TCS, J P Morgan and Merrill Lynch have recruited SPJCM students. The average salary of those recruited stood at Rs 8 lakh a year, Christopher said.

SPJCM is also setting up SP Jain's Center of Advanced Financial Studies in Dubai. It has recently secured the licence to operate the proposed institute from the Dubai International Financial Center.