Xiao Yan/Shanghai Daily news

Fudan University launched its Shanghai Institute of Visual Arts yesterday.
Sponsored by Fudan and several local media and business groups, SIVA is the second independent college associated with the century-old fame of Fudan University, following the establishment of the Fudan-Pacific Institute of Finance last year.
With an investment of 420 million yuan (US$50.6 million), the school located in Songjiang University Town hosts five subordinate departments, including visual communication design, media and television, industrial design, fashion design and painting.
More than 100 experienced professors and young artists from both home and abroad have been employed as permanent lecturers. The school will also invite principals of eight US, British, French and German art institutes to compose a board of international professional consultants.
"The school will gear up to build itself into a world-class visual art institute," said Wu Chunji, a SIVA official.
Undergraduate students at SIVA will study art basics for one year before choosing from the five majors in their second academic year. The institute expects to enroll 300 students this year, with its total capacity expected to reach 3,000 in the future.