Mahavir Jain Vidyalay to set up management institute

VADODARA: Ninety-five-year old Mumbai-based Shri Mahavira Jaina Vidyalaya (SMJV) will make its direct entry into higher education here by starting a management institute in the city. Established by prominent Jain philanthropists, SMJV presently runs eleven hostels across India. Now, the trust will start CK Shah Vijapurwala Institute of Management (CKSV), for which it has registered Shri Mahavira Jaina Vidyalaya Education Foundation at Mumbai.

The Wi-Fi campus which will be inaugurated on Sunday is coming up with Rs five crore investment excluding the cost of land, which is owned by the trust at Pratapnagar.
"The institute will have 60 seats in Master of Business Administration (MBA), which will be a two year full time post graduate degree programme, approved by All India Council for Technical Education (AICTE) in affiliation with Gujarat Technological University (GTU) from the academic year 2009-10. Admission to MBA is through GCET 2009," said its director Dr Rajesh Khajuria. The institute has facilities that exceed requirements stated by AICTE, said Khajuria.

"AICTE allows setting up a MBA institute on less than 8,000 square feet of land. We are starting the institute on 25,000 square feet. AICTE guidelines state that there should be 1,100 books in the library, one director and three faculties. We are starting the institute with 1,200 plus books and 166 e-books apart from one director, four faculties and various visiting faculties," said Khajuria.

The institute is also getting membership of the Association of Indian Management Schools, CII, FGI, VCCI and BMA for industry interaction.

Trustees of the institute are also approaching GTU with a proposal to have ten management quota seats reserved for students of Vadodara district. At the same time, it is setting up four research centres Centre of Excellence in Knowledge Management (proposed in collaboration with IT industries), Centre of Excellence in Communication, Centre for Small & Medium Enterprise Development and Centre for Executive Education & Skill Development all of which will be run in collaborations with industry, government, banks and NGOs.

"It is dream come true for the alumni of SMJV," said SMJV alumni, Vadodara, Divyang Shah, adding that over 15,000 students of SMJV are working across the world.