IT company Educomp on Friday said it has tied with up with Chennai-based Great Lakes Institute of Management to provide e-learning education in India. In the next five years, Great Lakes in partnership with Educomp will start rolling out franchisees to conduct higher education programme and training in Tier-II cities.
“Investment of Rs.150 crore in the programme is our initial estimate for expansion,” Educomp Managing Director Shantanu Prakash told journalists here.
Great Lakes Dean and Founder Bala V. Balachandran claimed that e-learning based education would be provided at one-tenth of present fees being charged from the students on the campus. “In-class fee for full-time two year post-graduate management programme is around Rs.10 lakh.
