IIJT to offer certified financial Program to SIMS

[email protected] (Media Release)
November 8, 2011

shajan

Mangalore, November 8: Indian Institute of Job Training, one of India's fastest growing vocational training company is offering Certified Financial Program to 30 students of Srinivas Institute of Management Studies.

A total number of 120 students will be offered training at a subsidized fee in a phased manner. IIJT Education is the authorized Education Providers of FPSB India, which is the regulatory body for CFP certification programs in India.

Speaking on the occasion Mr. Shajan Samuel, Divisional Head IIJT said 'there is a potential for around 50,000 financial planners in the market. According to the recent Purchasing Index prepared by Business Intelligent Unit (BIU), Mangalore city has shown growth in its purchasing power, currently at a relative index between 0.65-0.80 and considering this as well as the tremendous growth witnessed in the market, it augurs well that Srinivas Institute of Management has made Certified Financial Program a compulsory program for their MBA Students”.

While speaking to the students about the value of Certified Financial Planner in a growing economy, Shajan Samuel expressed happiness in delivering the program at Srinivas Institute of Management Studies as IIJT is one of the authorized education provider of FPSB India.

Delivering the key note address, Ranjeet S. Mudholkar, Vice Chairman and CEO, Financial Planning Standards Board of India (FPSB) said "With the growing income levels, Indians need qualified money managers to take care of their finances. The CERTIFIED FINANCIAL PLANNERCM certification equips a professional to develop technical skills and be able to identify client needs, quantitatively and accurately, and satisfy them through a comprehensive solution, rather than a product sale. Further, to the consumers, the title of CFPCM professional instantly reflects the skill sets and the commitment levels of the title holder to the profession and the compliance to strong code of ethics."

Highlighting the need to have qualified financial planners Dr. P.S Aithal, Principal - Srinivas Institute of Management Studies said that “Certified Financial Programme enjoys worldwide recognition and a certification with a global touch in Financial Planning is almost becoming a necessity in a growing economy like India and we are glad to associate ourselves with IIJT Education to give our students a competitive edge when they graduate out of college”.

Mr P.S. Karanth Regional Head (FPWM) SBI Bank said financial Planning companies and industries which are in to financial Planning are giving preference to candidates with CFP certification while hiring , he also said SBI has a scheme which encourages employees to take up CFP Program and provides relief both on tuition fees as well as registration and exam fees.

Mr. Vyas Nagpal, Regional Head FPSBI, Mr. Joseph Manickaraj, Senior Manager, Partner Operations- IIJT Education and Mr. A Srinivas Rao, Vice President, Srinivas Group of Colleges were the Guests of Honour for the event.

About Financial Planning

Financial Planning is the process of determining how an individual can meet life goals through the proper management of his or her financial resources. Examples of life goals include a comfortable retirement, buying a home, saving for a child's education or starting a business.

A Financial Planner is someone who uses the Financial Planning process to help clients figure out how to meet their life goals. A Financial Planner can take a "big picture" view of a client's financial situation and make Financial Planning recommendations based on the client's needs in areas such as budgeting and saving, taxes, investments, insurance and retirement planning. Or, the planner may work with a client on a single financial issue but within the context of that client's overall situation.

A Financial Planner helps a client analyze either all or selected areas of his or her finances and develops a "plan" bringing together all of the client's financial goals, or provides advice on specific areas as needed. This big picture approach to a client's financial goals sets the planner apart from other Financial Advisers, who may have been trained to focus on a particular area of a client's financial life. The Financial Planning process as described on the following page distinguishes Financial Planning practitioners from other Financial Advisers.

About IIJT

Indian Institute of Job Training [IIJT] is one of India's largest and leading vocational education providers with a capacity of over 1 lakh concurrent students in courses. Started in 2006, IIJT is the fastest growing educational brand in the country with over 120 centers across the country. IIJT offers short term and long term courses in the areas of Finance, Information Technology, Retail and Sales & Marketing. The TeamLease and IIJT strategic alliance aims to help bridge the employability gap and support the industry's demand for skilled manpower.


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News Network
December 2,2025

Puttur: The long-cherished dream of a government medical college in Puttur has moved a decisive step closer to reality, with the Karnataka State Finance Department granting its official approval for the construction of a new 300-bed hospital.

Puttur MLA Ashok Kumar Rai announced the crucial development to reporters on Monday, confirming that the official communication from the finance department was issued on November 27. This 300-bed facility is intended to be the cornerstone for the establishment of the government medical college, a project announced in the state budget.

Fast-Track Implementation

The MLA outlined an aggressive timeline for the project:

•    A Detailed Project Report (DPR) for the hospital is expected to be ready within 45 days.

•    The tender process for the construction will be completed within two months.

Following the completion of the tender process, Chief Minister Siddaramaiah is scheduled to lay the foundation stone for the project.

"Setting up a medical college in Puttur is a historical decision by the Congress government in Karnataka," Rai stated. The project has an estimated budget allocation of Rs 1,000 crore for the medical college.

Focus on Medical Education Department

The MLA highlighted a key strategic move: requesting the government to implement the hospital construction through the Medical Education Department instead of the Health and Family Welfare Department. This is intended to streamline the entire process of establishing the full medical college, ensuring the facilities—including labs, operation theatres, and other necessary infrastructure—adhere to the strict guidelines set by the Medical Council of India (MCI). The proposed site for the project is in Bannur.

Rai also took the opportunity to address political criticism, stating that the government has fulfilled its promise despite "apprehensions" and "mocking and criticising" from opposition parties who had failed to take similar initiatives when they were in power. "Chief Minister Siddaramaiah has kept his word," he added.

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News Network
November 27,2025

DKSvokkaliga.jpg

Bengaluru: The Vokkaligara Sangha on Thursday issued a stern warning to the Congress, saying the party could face serious electoral repercussions if Deputy Chief Minister D.K. Shivakumar is not appointed as Chief Minister.

The warning follows the public backing of Shivakumar’s chief ministerial ambition by top Vokkaliga pontiff Nirmalanandanatha Swami, who urged the Congress high command to honor his claim.

“The community supported Congress in the 2023 Assembly elections only because Shivakumar had a real chance to become CM. If he is cheated, we’ll teach the party a big lesson,” said newly elected Sangha president L. Srinivas. He added that Vokkaligas would organize protests under the guidance of community leaders.

General Secretary C.G. Gangadhar pointed out that Congress won more seats in the Vokkaliga-dominated Old Mysuru region due to Shivakumar’s influence, adding, “If Congress wants to retain power, Shivakumar should be made the CM.”

Outgoing president Kenchappa Gowda emphasized Shivakumar’s contribution to Congress’ victory. “Our community voted for Congress thinking he would become CM. Siddaramaiah has also served the party well, but Shivakumar should now be given a chance,” he said.

Former general-secretary Konappa Reddy appealed to Sonia and Rahul Gandhi to recognize Shivakumar’s loyalty and service, saying, “Congress is known to keep its promises. We hope it won’t break the promise made to him.”

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News Network
November 26,2025

students.jpg

Bengaluru, Nov 26: Karnataka is taking its first concrete steps towards lifting a three-decade-old ban on student elections in colleges and universities. Deputy Chief Minister D.K. Shivakumar announced Wednesday that the state government will form a small committee to study the reintroduction of campus polls, a practice halted in 1989 following incidents of violence.

Speaking at a 'Constitution Day' event organised by the Karnataka Congress, Mr. Shivakumar underscored the move's aim: nurturing new political leadership from the grassroots.

"Recently, (Leader of the Opposition in Lok Sabha) Rahul Gandhi wrote a letter to me and Chief Minister (Siddaramaiah) asking us to think about restarting student elections," Shivakumar stated. "I'm announcing today that we'll form a small committee and seek a report on this."

Student elections were banned in Karnataka in 1989, largely due to concerns over violence and the infiltration of political party affiliates into campus life. The ban effectively extinguished vibrant student bodies and the pipeline of young leaders they often produced.

Mr. Shivakumar, who also serves as the Karnataka Congress president, said that former student leaders will be consulted to "study the pros and cons" of the re-introduction.

Acknowledging the history of the ban, he added, "There were many criminal activities taking place back then. We’ll see how we can conduct (student) elections by regulating such criminal activities."

The Deputy CM reminisced about his own journey, which began on campus. He recalled his political activism at Sri Jagadguru Renukacharya College leading to his first Assembly ticket in 1985 at the age of 23. "That's how student leadership was at the time. Such leadership has gone today. College elections have stopped," he lamented, adding that for many, college elections were "like a big movement" where leaders were forged.

The move, driven by the Congress high command's push to cultivate young talent, will face scrutiny from academics and university authorities who have, in the past, expressed concern that the return of polls could disrupt the peaceful academic environment and turn campuses into political battlegrounds.

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