Forbes India has an article on how staffing services firm Teamlease is transforming the vocational training firm IIJT that it acquired in March 2010. If the term “university” evokes images of quadrangles, high ceilings and large windows, perish the thought. IIJT centre in Bangalore is a three-storied building not far from the bustling shops of Brigade Road. Inside, students in their late teens or early 20s occupy the classrooms — some so narrow that each row seats only four. The small, sparsely furnished offices behind the reception double up as interview rooms for visiting companies. Not your typical university campus. Yet, this could do what some of the colleges have failed to do — produce employable students. The centres would be small, functional, located close to students and most importantly, cost less. TeamLease has centralised common functions (such as HR, legal, finance and IT) even to the level of trainers. Star trainers are hard to get in the hinterland, and expensive to hi...