Icfai Business School (IBS) Kolkata announced today that it had acquired 5 acres to set up its campus. The land is about 8 km from Science City on the Basanti Highway. The institute plans to spend Rs 25 crore in the phase-I of the project expected to be ready by 2012.
The new campus will be spread over 50,000 square feet. “We have eight universities and six are in the pipeline; another six operate as IBS,” said Ashim Ghosh, director, IBS Kolkata. It has a batch strength of 700 which will be 500 when the new campus becomes operational in two years. IBS Kolkata offers specialisations in finance, marketing, HR and systems. “The new campus of IBS Kolkata will be affiliated to the AICTE," said Ghosh.
About getting the university status in Bengal, he said, “We have not seriously approached the matter with the West Bengal government. When it happens, we plan to offer courses in technology, law, education apart from management in the new university."