Kolkata, March 11 (IANS) Real estate players PS Group and Srijan have joined hands to set up an institute here to impart training in business management and entreprenuership from July this year.

The Institute of Leadership, Entreprenuership and Development will offer Masters in Business Administration (MBA) with specialisations in marketing, finance, retail, risk management and diploma courses in real estate management.

'We are offering such courses that have a very high demand in the market. Placements for us would not be a problem as we are training people according to industry needs,' PS Group chairman Pradip Chopra said Thursday.

The total investment for setting up the campus would be Rs.25 crore, he said, adding this was being done through internal accrual.

The institute plans to rope in faculties- permanent and guest - from the US and the UK.

'We have also plans to set up a similar institute in Chennai,' Chopra said.