India’s leading business school set to open in Sydney
30 October 2012
A new $20 million campus for one of India's leading post graduate business schools is set to open in Sydney on 1 December 2012, Premier Barry O'Farrell announced in Mumbai during his week-long trade mission in India.
Mr O'Farrell said the landmark investment in Sydney by the S P Jain School of Global Management is significant because it is the first Indian school to be set up in Australia with its own fully-fledged campus.
"This multi-million investment by S P Jain in a Sydney campus will further enhance NSW's global reputation for excellence in education," Mr O'Farrell said.
"SP Jain, which ranks in the Financial Times list of the world's top 100 business schools, is the only foreign university to be formally accredited by the NSW Department of Education and Communities and the institution has a partnership with the University of NSW to enable student exchange between MBA programs.
"India is a vital market for Australian companies, and the establishment of an S P Jain Sydney campus will help to fulfil the need for graduates well versed and capable of operating in Australia's target markets.
"Recognising the vital importance of our state's relationship with India, the NSW Government and the education community in NSW have developed strong links with the S P Jain School of Global Management in recent years.
"NSW Trade & Investment in Sydney and our NSW Government business office in Mumbai have also been working closely with S P Jain to support the establishment of the new Sydney campus.
"S P Jain's ongoing investment in NSW further demonstrates our state's credentials as one of the world's top destinations for high quality business education."
Mr O'Farrell said the new S P Jain Sydney campus would further strengthen NSW-India links and play a critical role in supporting the state's reputation as a global centre of excellence in higher education.
"There are significant opportunities for NSW tertiary education providers to work with Indian and other Australian corporations to increase the skills and volume of qualified staff to support India's booming economy.
"The new S P Jain Sydney campus opening in December is expected to see about 50 undergraduate students and 95 masters students, with numbers set to increase substantially in the coming year.
"SP Jain's presence in Sydney will reinforce and strengthen the business, education and tourism opportunities presented by the close cultural and people-to-people links between NSW and India."