BHUBANESWAR | Sunday, February 1, 2009 | Email | Print | 
ICFAI to set up third private varsity in State
Pioneer News Service | Bhubaneswar
The Institute of Chartered Financial Analysts of India (ICFAI) is eager to set up a university here in the State. The State Higher Education Department has brought up a proposal for an ICFAI University Bill to the State Cabinet for its approval on Sunday.
This will be the third private university Bill to be presented to the State Legislative Assembly. Earlier, the Vedanta University and Sri Sri University Bills were presented in the legislature and are pending for their approval. The next Assembly session will begin from February 9.
According to sources, the ICFAI, which signed an MoU with the State Government on March 20, 2007 to set up a World Class Multidisciplinary University, is waiting for an exclusive Act. The ICFAI will set up a core campus near Jatni to cater to the needs of 1,000 students.
Its disciplines include Basic Science, Humanities, Engineering, Business Management, Finance, Accounting, Economics, Law, Bio-Sciences, Environmental Science and Management, Tourism and Hospitality Management and Media and Mass Communication.
The university, which has also come up with an investment of Rs 150 crore, will promote research by setting up Centres of Excellence in its disciplines. It will be a fully residential campus for the students and faculty members.
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