Krea University in Sricity

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Edited March 30, 2018 by sonykongara

[Kiriti]

Good.

[RamaSiddhu J]

Wow

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https://www.thehindubusinessline.com/news/national/new-university-coming-up-in-sri-city-with-750-crore-investment/article23336410.ece

[sonykongara]

New university coming up in Sri City with ₹750-crore investment

Our Bureau. T+ T-

(First row, from left) Sajjan Jindal, C hairman, JSW Group and Member of the Governing Council; Vishakha Desai, Senior Advisor for Global Affairs to the President of Columbia University; Anand Mahindra, Chairman, M&M Group and member of the Krea Governing Council; Cyril Shroff, Indian corporate lawyer; and Raghuram Rajan, Advisor to the Krea Governing Council, at the setting up of Krea University in Sri City, near Chennai   -  Shashi Ashiwal

 

IFMR-backed Krea University to offer 4-year programmes in liberal arts, science

Mumbai, March 23

Eminent academicians and corporate leaders have come together to set up the Krea University in Sri City, 65 km from Chennai, for offering undergraduate programmes in a bid to create “a new generation of thinking Indians”.

The university, being set up with an investment of ₹750 crore in the first phase, is backed by the Institute of Financial Management and Research (IFMR) and has corporate leaders such as Mahindra Group Chairman Anand Mahindra and JSW Group Chairman Sajjan Jindal in the governing council.

“We are trying to create a new generation of thinking Indians, who will contribute to the development of the globe. We intend to bring something to the table that simply doesn’t exist in India today, but is very much warranted for the India of the future,” Raghuram Rajan, former RBI Governor and advisor to the Krea Governing Council, said at a press conference in Mumbai today.

The first batch will commence in July 2019, with admissions opening in November this year. The four-year residential undergraduate programmes in Liberal Arts and Sciences will offer immersive learning experiences through real world projects and internships to prepare the students for a holistic approach to face challenges and opportunities.

“Krea will bring great global and Indian minds together to create an institution of global prominence,” said Jindal.

“The fact that so many like-minded and eminent personalities have enthusiastically come together is ample proof of how much the new paradigm is the need of this day,” said former banker and philanthropist N Vaghul, also Chairman of the governing council.

Mahindra, reiterating the value of the university, said Krea’s graduates will undoubtedly be the most sought after candidates both in the corporate world and in other chosen vocations.

Corporate leaders were unanimous that the university would enable high potential individuals learn to create a positive, catalytic impact ethically in a dynamic and diverse world.

“Krea University has a unique ‘interwoven learning’ approach that weaves creativity and action, arts and sciences, theory and practice, Eastern and Western perspectives as also the learnings of the past with the readiness for the future,” said Seshasayee, chairman of the university’s supervisory board.

Published on March 23, 2018

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Ex-RBI governor Raghuram Rajan, corporate leaders team up for Rs 750-crore Krea University at Sri City in Andhra Pradesh

R Seshasayee, chairman of IndusInd Bank and the chairman of the supervisory board of the university said the proposed liberal arts university will attract an initial investment of Rs 750 crore in the first phase.

By: PTI | Mumbai | Published: March 23, 2018 10:39 PM

 

The past governor of Reserve Bank Raghuram Rajan, captains of corporate India and some eminent academics have teamed up to transform the undergraduate education by announcing setting up of Krea University at Sri City in Andhra Pradesh. (PTI)

 

The past governor of Reserve Bank Raghuram Rajan, captains of corporate India and some eminent academics have teamed up to transform the undergraduate education by announcing setting up of Krea University at Sri City in Andhra Pradesh. R Seshasayee, chairman of IndusInd Bank and the chairman of the supervisory board of the university said the proposed liberal arts university will attract an initial investment of Rs 750 crore in the first phase. “There is a clarity on 70-80 per cent of the Rs 750-crore investment needed. The corporates are doing it as part of their philanthropy activities,” he said.

The first batch will commence in July 2019, admissions for which will start this November. The fees will be Rs 7-8 lakh inclusive of hostel facilities. The university will initially will run courses from the IFMR campus in Sri Coty, and eventually shift to its own 200-acre campus which will be ready by 2020.

It will offer a four-year residential undergraduate programme in liberal arts and sciences leading to BA (Honors) and BSc (Honours) degrees, for which the permissions from UGC has been sought, according to Seshasayee. “The university will weave arts and sciences, creativity and action, eastern and western perspectives. We will create an endowment which will help poor students get admissions,” he said. “Admissions will be purely on merit and the score in plus-two will not be the only determinant for it,” he added.

Rajan, who is an advisor to the university’s governing council said, “What we’re trying to do is to create a new generation of thinking Indians who will contribute to the development of the globe.” “We intend to bring something to the table that simply doesn’t exist in our country today, but is very much warranted for our future,” he added.

Sajjan Jindal of the JSW Group, another governing council member expressed the hope that the university will bring great global and Indian minds together to create an institution of global prominence. Anand Mahindra, another member of the governing council, said the fact that so many like-minded and eminent personalities have enthusiastically come together is ample proof of how much the new paradigm is the need of this day.

While former banker N Vaghul is the chairman of the governing council, noted academic Sunder Ramaswamy has been named the vice-chancellor.

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[RamaSiddhu J]

Wow it would be like Another ISB