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From scratch to Stansfield


He graduated at the top of his class from a top U.S. University but could not get a job in Singapore for two years because he was a minority Indian in Singapore as this is not uncommon where business is controlled by the majority Chinese who preferred to hire those who spoke the same language.

Not one to give up easily, Kannappan Chettiar pursued a University of London law degree as he felt that anything is possible for one who never gives up. He then went on to prove his worth. His firm belief in the power of merit and true knowledge helped him scale new horizons.

Kannappan Chettiar started his own business and law school in Singapore in the year 1990 immediately after completing his second degree at the age of 27. Last year his education group, The Stansfield Group, was ranked No.15 by the Singapore Government's Enterprise 50.

Chettiar started the group with zero personal capital and financing, and was a finalist for the Phoenix Award in 2003 which is awarded to those who succeed against all odds and in the face of adversity. The group is amongst the top three private education groups in Singapore with over 4,000 students studying in one of its six campuses and occupying over 420,000 square feet of space in land scarce Singapore.

The Stansfield Group owns two competing institutions, Stansfield College and Singapore Institute of Commerce (SIC) which are amongst only 3 institutions which are approved by the London School of Economics (LSE) to conduct diploma and degree programmes. LSE has produced many world leaders including Indian Prime Minister Manmohan Singh.

The Stansfield Group expects to recruit about 400 students this year to study in one of its six campuses for its undergraduate and postgraduate courses in Singapore.

"Many Indian parents now prefer to send their children to Singapore as it is safe, and Singapore is a stepping stone for those eyeing the U.S. or Europe for employment as well", says Chettiar. The cost of studying for a prestigious LSE degree is less than half compared to studying in London.

Chettiar is now in Chennai with a view to establishing similar high quality colleges in India. "We chose Chennai to set up our first business school overseas as the people in Chennai are very international in their outlook, and the presence of such institutions will help Chennai in attracting more foreign investments," says Chettiar.

The Stansfield Group's annual turnover in its Singapore operation is about Rs.35 crore. The group has targeted to achieve Rs.50 -100 crore in its India operations within the next three to five years and to this extent establish state-of-the-art campus and educational facilities under its 'Stansfield School of Business' brand name in all major cities in India and is expected to invest about Rs.170 crore.

RR


More Articles on Colleges

Published on 24th July, 2004


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