Techno Campus
Excellence in Business and IT Management

Concept for development of a Business & Technology School in Ajman, UAE.

Ajman , the oldest in the emirates with a history going back to 5,000 years is on a rapid growth curve encompassing all aspects of trade, manufacturing, real estate, shipping and exports/re-exports. Its strategic location being directly linked to the most closest chain of Dubai and Sharjah gives it many locational advantages along with beautiful landscapes, salubrious climate and a sound economy.

WE plan to set up the first International School of Business Excellence in the region which will offer set up new standards in educational excellence in the region, besides aiding in the economic growth of the region it will impart an international flavor to the region with both its staff and students: A completely new holistic experience is offered to the students with an emphasis on leadership, ethics and technology, the new mantras for success today.

 

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Our Core Competencies and unique offerings

1) We plan to use for the first time the concept of a smart school, which will be totally geared for the new millennium. Total computerization will offer high speed internet access to all students and staff in both classrooms and hostel/faculty accommodation, smart cards will facilitate everything from access to the digital library on the schools Intranet to purchases from the school canteen to checking up results and access to specific services. 24 hour access to professors and the school administration will greatly enhance the quality of services here. Also planned is using cutting edge technology such as wireless networking devices, firewire and voice over IP to facilitate communication and delivery of digital multimedia content. Virtual classrooms will facilitate simulated case studies with best of professors from around the world. It will be compulsory criteria for all students and teachers to own laptops here. It is also planned to have high power workstations and touch screen voice activated computer kiosks at vantage points to facilitate specific projects and needs.

2)Courses: The School will offer courses in three core modules the first TWO being compulsory. FIRST will offer courses in Finance, Strategy, Accounting, Economics Operations, Organizational Behavior, Marketing, and General Management. The SECOND will offer courses in Information Technology, Entrepreneurship, Leadership and Ethics, the THIRD module will offer courses localized for benefiting any sponsored candidates and with specific modules catering to the local industry, trade and environment. These will be developed in close coordination with the emirate government and business. Also planned is an elective on International management with stress on how to manage business in the new global order of e-commerce and online trading, convergence of traditional and digital media. The duration of the full time residential course will be for 2 years.

3)Consultancy: We plan to offer the services of this School to International consultancy assignments with complete dedication of all the staff and students. Local needs will receive priority and will also be an additional revenue source. Staff members will be offered an incentive based on the quantum of revenue generated from this source. Emphasis here will be on problems unique to the region and under-developed countries.

4)Short Term Executive development courses: This will be offered to the sponsored candidates taken from industry for the entire region. This will offer a unique cost effective opportunity to the industry to upgrade the skills of its valuable manpower and improve their overall productivity.

5)Software Development: Specific software development is planned as a completely separate division of the Schools IT department. With an emphasis on actual international projects on e-commerce, web development and internet marketing, students will have an opportunity to work with highly skilled professionals in actual projects. With the practical skills gained from this unique work association they will be able to get into the industry and face better challenges with higher remunerations. There will be opportunities to some of students to be retained in the organization itself. Thus we have the advantage of developing a highly skilled workforce for our software division.

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Student Strength:

We plan for a small number of 500 fulltime resident students plus 300 additional sponsored candidates and 100 candidates from local industry.

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Staffing:

We plan to recruit a team of 20 professionals, including the dean.  Further we will require about 5 qualified persons to man other administrative services. With a high level of automation planned this will be an optimum level. Some services such as catering, housekeeping and maintenance can be subcontracted. A visiting faculty of 5 professionals will be the visiting faculty from USA. These will be management gurus like Tom Peters, C.K. Prahalad, Peter Drucker, Peter Block, Dinesh Chandra, Mark Mc Cormac, Prof Nicholas Negroponte and other eminent people. We also plan to invite industry leaders from IBM, Microsoft, Infosys, Zerox, AOL, AT&T and many others to impart practical wisdom to students and shape them into becoming independent leaders of tomorrow. We will strive to encourage innovation, constant development and performance, besides learning from leadership by example. Moreover the interaction with such eminent people in itself will be a boon to local industry.

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Land and Building

Land

WE plan to develop a fully self-sufficient township with all amenities on a total space of about 20-30 acres land. The buildings will be built taking into consideration eco-friendly practices. High Speed fibre optic networking, will be built in with 100 mbps Ethernet ports built into every hostel, classroom, library and administrative building.

Building:

Total space need will be as follows for essential building space[1]:

Working Space:

 

Units

Area/Unit (Sft.)

Total
 (Sft.)

[2]Classrooms:

20

600

12000

Lecture Theaters

3

2000

6000

Auditorium, Library and internet cafeteria

1

10000

10000

Administrative block

1

30000

3000

Faculty offices

30

150

4500

TOTAL

 

 

35,500

Common Area @ 10% of above

 

 

 3,550

TOTAL WORKING SPACE

 

 

39,050

 

Living Space:

 

Units

Area/Unit (Sft.)

Total
 (Sft.)

Deans Residence

1

2000

2000

Guest House

1

5000

5000

Faculty Residence

19

1200

22800

Hostel

250

100

25000

Dining Hall

1

5,000

5,000

Total

 

 

59,800

Common Space 10%

 

 

5,980

TOTAL LIVING AREA

 

 

65,780

[3]TOTAL AREA NEEDED:
WORKING SPACE:            40,000 Sqft
LIVING SPACE:                   66,000 Sqft
TOTAL:                             106,000 Sqft  

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AJMAN SCHOOL OF BUSINESS EXCELLENCE
Bringing Innovation, quality, technology leadership and ethics to the emirates

Note on Revenue Streams, profitability and investments

Fixed Investment:

 

Area

Unit Price
(US$/Sqft)

Total US$

Building

106,000 sqft.

50.00

530,000.00

Fittings & Fixtures

 

 

300,000.00

Infrastructure

 

 

700,000.00

Computers & Networking

 

 

470,000.00

Land

25-30  Acres

 

1,000,000.00

TOTAL

 

 

3,000,000.00

 

Working Capital and Pre-Operational Expenses:

Salaries to permanent staff

US$ 750,000.00

Visiting Faculty Expenses

US$ 250,000.00

Administration:

US$ 200,000.00

Utilities & Communication:

US$ 250,000.00

Initial Startup Expenses:

US$ 250,000.00

Promotion & Marketing Expenses

US$ 300,000.00

TOTAL

US$ 2,000,000.00

 

 

Revenue:

[4]From Fully Paid Students:

US$ 5,000,000.00

From Sponsored Candidates:

US$ 1,500,000.00

From Industrially Sponsored Candidates

US$ 1,000,000.00

From Short Term Course Revenue

US$ 1,000,000.00

From Software Development

US$ 2,000,000.00

From Consultancy Assignments

US$ 2,000,000.00

TOTAL

US$12,500,000.00

 

Promoters Seed Capital

US$ 2,000,000.00

Soft loans, Grants and sponsors funds

US$ 3,000,000.00

TOTAL

US$ 5,000,000.00

[1] If we have sufficient land then classrooms and lecture theaters can be built independently around different departments, like School of IT , E-Commerce and entrepreneurship, School of Business Excellence, School of Environment studies etc., these can be named after local or multinational sponsors, like Intel, IBM, Apple.

[2] We plan for small classrooms to facilitate greater interaction and close relationships between students and the faculty. Total of 25-30 students per class.

[3] We feel that that the working space is essential and can be even  taken on rent to escalate project implementation. The Living Area can be partially rented for the staff and students. However for major infrastructure investment as we are planning it is essential to built or buy our own space.

[4] We have taken an average course fees of US$10,000 per annum from fully paid students and US$ 5,000 per annum from consessional /government sponsored candidates. Every student will be compulsorily required to own a laptop computer on getting admission to the school. Cost of this has not been factored in.

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