(Photo: Vishal Gosike)
SP Jain Institute of Management and Research (SPJIMR), Mumbai is planning a detailed infrastructure expansion in view of the increase in batch sizes in various courses. With the addition of three new buildings in the planned expansion, the institute will more than double its space size.
"We will be adding one lakh fifteen thousand square feet to the already existing one lakh nine thousand square feet of institute space. Three new buildings, each of seven storeys will be set up," Dr Manesh L Shrikant, SPJIMR's honorary dean told PaGaLGuY.
"There will be a larger library, a five hundred-seater auditorium, an addition of 20 classrooms to the already existing 18, 14 faculty rooms to the current 50, and 10 meeting rooms that will take theit number to 18," he added.
The 500-seater auditorium will accommodate larger number of students in one place, while the library will have a larger reading room and stacking area, Shrikant said.
SP Jai will also add a student hostel. "The students' hostel will have a total of seven storeys, and a capacity of 100 rooms to accommodate 350 students," he said.
The institute currently has a set of four residential complexes, inclusive of those for the faculty, executives and students residential buildings. The construction work for the extensive infrastructure has already begun and is expected to complete by 2014.
Apart from the proposed increase in the Post Graduate Diploma in Management (PGDM) intake, the institute also plans to expand intakes in its one-year Post Graduate Programme in Management (PGPM), Family Managed Business (FMB), Executive Management Programme (EMP) and the Post Graduate Certification in Developmental Management (PGCDM). The increase numbers have not been finalised yet.
"The EMP programme is likely to see an increase from the current 350 to 500," Dr Shrikant said, adding that the increase in intake in all the programmes would be in alignment with the demand.
The infrastructure expansion will be self-financed, Dr Shrikanth said on being asked if the costs would be passed on to the students in the form of a fee hike.
The b-school also intends to set up a Management Development Center somewhere in Maharashtra. The plan is however, still on paper.