State govt allocates Rs 1 crore grant to SMS

Kochi: State govt has granted Rs 1 crore grant to School of Management Studies (SMS) of Cusat, as part of its diamond jubilee celebrations. Cusat vice-chancellor M Junaid Bushiri revealed the govt decision during a press conference held in Kochi.Chief minister Pinarayi Vijayan will officially inaugurate the department's diamond jubilee celebrations on Saturday.According to Bushiri, SMS was established in 1964 as a part of Kerala University's Kochi campus, with M V Pylee serving as its founding director. "SMS was the first of its kind initiative to nurture industry academia interaction in any university in Kerala, with K T Chandy, then director of IIM Calcutta as the chairman," said the vice-chancellor.Zakkariya K A, the current director of SMS, stated that in 1965 the school introduced a three-year part-time diploma in industrial management and a three-year part-time diploma in business administration, which marked a significant milestone in professional education in Kerala. "The introduction of the master of bank management programme in 1978 was a response to the needs of industry and society. Since the 1980s, SMS has ventured into more industry collaborations," added Zakkariya.To commemorate its 60 years of academic excellence, SMS has planned a series of grand celebrations, including international conferences, global alumni meet-ups, mega conclaves, innovative academic programmes, and a commemorative publication highlighting the school's contributions to the field of management.
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