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New Business School to Launch in India
A group of business leaders, in affiliation
with Wharton and the Kellogg Graduate
School of Management, is scheduled to
open a new business school in Hyderabad,
India, in the year 2000.
The India School of Business (ISB), which will
offer world class facilities in terms of faculty, students
and infrastructure, is intended to be an
international institution with a global focus. Its
goal will be to develop future leaders of Asia, with a curriculum
that emphasizes management in transitional and rapidly
evolving economies.
One of the main supporters of this initiative is Rajat K.
Gupta, managing director, McKinsey & Co., Inc. He and
approximately 50 others — including CEOs of global enterprises
and Asian companies as well as founders of Indian
businesses — will form a governing board that will guide and
shape the evolution of the school. Also on the board will be
the deans of Wharton and Kellogg.
The ISB will initially offer two programs: a one-year MBA
for students with two to five years of work experience and a
series of Executive Education courses. The school also has
plans to introduce doctoral and faculty research programs
once the institution is established.
The MBA, which will run for a full 12 months, will cover
the traditional range of business disciplines with an emphasis
on managing in high growth economies and the
integration of state-of-the-art management approaches to
the Asian context.
Wharton and Kellogg will help launch the school as well
as recruit a dean and permanent faculty members. In addition,
this affiliation will allow members of the faculty at the
U.S. schools to teach at the ISB, and faculty from the ISB to
attend Kellogg and Wharton as visiting scholars. Student
exchange programs may also be arranged.
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