Premier engineering university BITS Pilani will set up a business management school in the Mumbai Metropolitan Region for Rs.1,500 crore, said its chancellor and Aditya Birla Group chairman Kumar Mangalam Birla. The business school will come up in Kalyan and will be the fifth campus of BITS Pilani.
With this, BITS Pilani will venture into offering business management programmes. So far, it offers engineering courses at its four campuses — Pilani, Hyderabad, Goa and Dubai. The B-school campus will be spread over 60 acres and will open its doors in 2023. However, its academic session starts this July with 120 students. It will operate out of a temporary campus in Powai until then.
To be named BITS School of Management (BITSoM), it will have faculty from global schools like Wharton, University of Texas and Singapore Management University. It will offer a two-year course, fees for which will be about Rs.24 lakh.
“...In a world marked by uncertainty, it is time to introduce a new way of thinking and prepare young leaders for this age of disruption,” said Birla, whose family set up BITS Pilani in 1964.