Icfai setting up university in Gujarat by 2011

Updated on: Thursday, December 10, 2009

Ahmedabad: The Institute of Chartered Financial Analysts of India (Icfai) would be setting up a University in Gujarat by 2011, its officials said.

"The Icfai has already received a Letter of Intent (LoI) from the Gujarat government to establish a university in the state," said Icfai Business School (IBS) director, Bala Bhaskaran.

He said that by second half of 2010 they are likely to begin work on the new campus, and by 2011 the university would be in place.

"We have identified a location in the Matar taluka of Kheda district as a probable location to house the Icfai University. We are at present in the process of acquiring land in that area," Bhaskaran said, while announcing admissions to IBS's two year post-graduate programme in management (PGPM).

Bhaskaran said that they have already acquired over 20 acres of land in the Kheda district. "We have target of acquiring 200 acres of land for the university campus. But once we have acquired over 50 acres we would approach the state government to pass necessary legislation for incorporationof the university

Icfai setting up university in Gujarat by 2011

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