Got an answer , posting for verification :

"Students can not now switch to HSMP unless they have completed the Graduate or Masters Degree for which they were granted initial student visa."

Hi,

I'm doing my masters in UK and eligible for HSMP based on point criteria.

Can I apply while am still a student or do I need to go back apply from my home country (I get a feeling that getting a FLR approved from UK is somewat difficult). What do you folkz say ? Suggestions Plz.