TASMAC is the first Indian institute to set up a campus in the UK. The first batch of 120 students will begin classes at TASMAC London-School of Business this October.
"Our strategy through foreign direct investment and 100 per cent ownership makes us the first wholly owned subsidiary between India and the UK in the education sector," said Dr Giri Dua, chairman & managing director, TASMAC London - School of Business.
The London campus was established in January 2008 at a cost Rs 8 of crore. TASMAC has campuses in Kolkata, Bangalore and Pune and there are plans to open a campus in Mumbai.
The London campus, located near Wembley Stadium in Kingsbury, is 20 minutes from the central business district.
"We wanted a multicultural campus in an international financial hub," said Dr Dua on the decision to set up a campus in London.
The b-school will offer BA in (Hons) Business Administration, a one-year MBA, masters qualification programme (pre masters) and English Language Support. There are five specialities for the MBA programme: finance, marketing, human resource management, information management and international business.
All degrees will be awarded by the University of Wales, UK. "Our curriculum is also approved by the University of Wales," stated Professor Marshall Hall, Head of School, TASMAC London- School of Business.
"Students at the school will receive the same degree that students at the University of Wales receive," said Dr Dua. Students also have the option of receiving their degree at University of Wales' graduation ceremony.
The faculty is global from countries including India, Lebanon and the UK. All lecturers have experience in both industry and academia. There will also be guest lecturers in collaboration with the London Chamber of Commerce.
The fees for the programmes are comparatively less than most b-schools in the UK. This year, the one-year MBA costs £6995, while the three-level BA (Hons) Business Administration costs £3950 for each level. There is also a £1000 nationality scholarship for Indian students. This amount will be deducted from the tuition fee.
There is also an option of doing part of the programme on TASMAC's Indian campuses and the final year in London.
According to Dr Dua, the curriculum taught on campuses in India and London will be the same with the exception of local variables such as accountancy, law etc. This will make it easier for students who want to do part of their programme on the London campus. "The lessons will even be taught at the same level," he stated.
The first batch will start in October and there will be three intakes on the London campus in February, June and October. It is expected that there will be 30 students in each class and 15 for lab sessions.
Right to work
Speaking on the advantage of studying on the London campus, Dr Dua said: "Students can work in the UK for two years under the International Graduate Scheme (IGS) after successfully completing their degree. Studying in London also gives them an opportunity to network and intern which may land them their first job."
The school will have a career and placement office to assist students.
Students have the option of renting out a flat or staying with a host family. At the time of writing, Dr Dua was in the process of finalising hostel accommodation within walking distance of the campus. It is estimated that living in London costs between £6000 and £9000 a year.
For details on courses, fees, scholarships and admission procedures, visit: www.tasmac.org.uk and http://www.wales.ac.uk