Bangalore, Feb. 2
THE Indian Institute of Management, Bangalore, which has got the HRD Ministry's nod for its Singapore foray, is expected to launch its management programmes there only after November.
Prof Prakash G. Apte, Director, IIMB, told
Business Linethat the Board had already initiated the process of change in the MoA and that the `whole process will take about three months and so we cannot start our programmes before November this year."
It may be recalled that about three weeks ago, the HRD Ministry had rejected IIMB's proposal to take its part-time executive education programmes to Singapore.
In March last year, IIMB had announced its intention to do the same and had tied up with Bhavan's India International School there to use the infrastructure and other facilities.
Meanwhile, Dr Apte had clarified that at present, the Institute was not setting up a physical structure there, but only establishing a presence in Singapore.
"Though we have not worked out on how much revenues it would bring to the Institute, we're sure it would be significant," he said.
Executive education programmes at the Singapore campus are targeted at managers from Singapore, Malaysia, Thailand, Japan and Hong Kong from where the Institute has been getting a lot of enquiries lately.