This evening I visited the offices of the newly set up 'Business India Institute of Finance' with my wife and daughter to explore their maiden one-year full-time PG Diploma course in Finance. The office is located in leased premises in Indra Palace behind the PVR Plaza in Connaught Place.
It is a venture set up by the Business India Group together with Greycells Education Ltd. As expected, the PG Diploma is not recognized by AICTE, etc. but is supposed to meet the "industry's needs" and hence placement is 'assured'. The course fee? Rs. 2.4 lakhs down-payment that may rise to Rs.2.5 lakhs if one chooses to pay in installments.
The Institute is headed by Ruchi Mahajan, an articulate and knowledgeable lady with about 15 years experience. It however has no faculty of its own and will depend fully on visiting faculty members from Mumbai and Delhi. The detailed syllabus and timetables, etc. are in the process of being finalized, though today was the last date for admissions.
The main question is: is the course really worth a student's one full year plus Rs. 0.24 million? I don't know.
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