October 27, 2009 3:09:38 am
As the St Stephens Governing Body meets on October 28,on its agenda is a proposal to start three new courses.
The first is an analytics course with the Analytics Training Institute and the second is a Capital Market Professional course,which will be run along with the National Stock Exchange,Bombay.
The proposal for the third course St. Stephens Institute of Management Excellence (SSIME) came from a St Stephens alumnus based in the US,who runs a company called Mudrika.
The single-page proposal for the SSIME,which insiders say is still at an embryonic stage,outlines that the course will be of three-week duration and revenues will be shared via a licensing agreement.
Our proposal envisions a collaboration of St Stephens and Mudrika,in which Mudrika designs,plans and executes a certificate in professional management within a newly-established SSIME, the proposal distributed among members says.
It also says that losses will be borne by Mudrika.
The Capital Market Professional course will be 200-hour long and its fee will be Rs 15,000.
The cost will be entirely self-financing while making a significant contribution to college coffers, says Academic Dean Vijay Tankha in October 15 report on the proposal.
The college,however,will receive only 30 per cent of the gross fees. NSE will provide course content,design exams and also recruit faculty members through a local partner. The local partner will also provide 20 hours of online market trading practical.
As Academic Dean,I have discussed the course with colleagues and students and find that it is both viable as well as desirable to enter into an agreement with NSE to finalise the same, says Tankhas report.
The teachers representatives,however,denied any such discussion and pointed out that such a course was not suitable for a college like Stephens,which does not teach commerce.
The four-week course on Analytics will be open to both graduate and undergraduate students. Some of the topics that will be covered in this course are: Advanced Excel,SPSS fundamentals,SAS fundamentals and Analytics using SAS.
This course will provide St Stephens 30 per cent of the revenue from the fees and its certificate will be issued by both the college and ATI. The fee will be around Rs. 10,000 and 1,000 students are to be trained every year.
Meanwhile,the ATI has requested that its faculty members be accommodated on campus,a move that could provoke strong reactions from the teachers as there is already a long queue for accommodation.
There are also many who oppose the colleges move. This is a college which requires 90 per cent marks for admission to a Sanskrit Honours course. By selling the brand name of the college something that others toiled hard for to the vagaries of the market,the administration is letting others to become Stephanians by proxy, a teachers representative said.
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