The Central government has planned to invest Rs.50,000 crore to increase the number of business schools across the country, said Subodh Kant Sahai, Union Tourism Minister, during the fourth convocation of SMOT School of Business recently.
Delivering the convocation address, the Union Tourism Minister said, “The growth of the global economy is going down. So to strengthen it, the students should concentrate more in choosing their career as entrepreneurs.”
Also the government has planned to increase the number of business schools with an investment of Rs.50,000 crore. More faculty members are needed to equip these candidates, he said.
The business schools should not concentrate on increasing the amount of degree holders, focusing instead on producing the best academic products. Fifteen students received their graduation certificates and Shriram S was awarded as overall batch topper.
Professor Colin Dodds, President and Vice-Chancellor, Saint Mary’s University, Halifax, Canada and Marie Claude Mallet, Vice Consul and Trade Commissioner, Consulate of Canada, Chennai and Habib Ahmed, Chairman, SMOT School of Business, Chennai, were present during the occasion.
Dr Colin Dodds highlighted the extreme importance of higher education in management and studies in the present scenario.
Subodh Kant Sahai, Union Minister for Tourism, praised the efforts taken by SMOT and Saint Mary’s University in providing quality education
Source: New Indian Express - City Express – 10.07.2012