XLRI expansion: new campus in Delhi, global MBA

XLRI School of Business and Human Resources not only plans to expand its footprint in the country by setting up a campus in Delhi but is also on a fund-raising course and aims to garner around Rs 100 crore in endowments over the next five years.

According to a report in the Economic Times, the Jamshedpur-based management institute is looking to tap both alumni and corporates for its fund raising drive and is open to naming centres or facilities after generous donours.

[caption id="attachment_417413" align="alignleft" width="380"] Reuters[/caption]

The management has already formed a core alumni committee to take this initiative forward and is also planning to approach companies which rank among its major recruiters, the report said.

Meanwhile, the much-awaited campus of XLRI in Delhi will come up by 2014 near Gurgaon with a capacity of 120 seats. A large chunk of the funds raised will go towards this new campus. Total investment for the new campus would be about Rs 50 crore to Rs 60 crore, E Abraham SJ, director of the Xavier Labour Relations Institute (XLRI) has been reported as saying.

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The institution is also starting its first ever Global MBA Programme in partnerships with Weatherhead School of Management of Case Western University, Cleveland, USA and School of Economics & Management of Tongji University Shanghai, China.The full time two-year residential global MBA programme will commence from June 2013 and will be held in three parts i.e. one third each in Jamshedpur, India; Shanghai, China and Cleveland, USA respectively, and will be taught by faculty of all these three B Schools.