Overseas Business Schools may still be the best, in conjunction with the establishment of management scholars. But a growing number of students opting for Top Business Schools India despite a guarantee of admission to the Class B USA or European schools.

This is the charm of a degree rather Indian management costs compared to the advantage of a sea, attracts many ISB, IIMS and XLRI.

Indeed, they find the quality academics, links with other business schools, exchange programmes and other institutions at the cutting edge of the Indian administration on an equal footing with schools in the World Top 25 Business Schools.

Dan Mitchell, an overseas student to the Indian School of Business (ISB), Hyderabad, finds the college’s Faculty of the London Business School and the University Kellogs the USA as well as an international exhibition university.

Ajit Rangnekar has over 30 years of experience in East Asia and India in the areas of business strategy, new business creation, systems implementation, and performance improvement in a variety of industries ranging from telecom, utilities, energy, chemicals and shipping, both in the private and public sectors.

He has extensive operations management experience of business start-ups in the manufacturing, trading and professional services sectors in Hong Kong and India. He returned to India in June 2002, with the objective of working in the education sector. Education Times speaks to Ajit Rangnekar, deputy dean, Indian School of Business (ISB), Hyderabad on what makes ISB one of the premier B-schools in the country.

The ISB is believed to be one of its kind in Asia. What makes it so different from other B-schools?

The ISB is a research-focussed management institution and offers a one-year, post-graduate programme in management. The programme is appealing to a different market segment of students, typically those who are working and are looking to upgrade their knowledge and skills; entrepreneurs; people who are looking for career shifts. The ISB is affiliated to three of the world’s best management institutions, the Wharton School, Kellogg School of Management and London Business School. Some of the world’s best faculty who teaches at top management institutions across the world teaches at ISB - a unique combination that is unparalleled. The ISB is a global institution that offers world class infrastructure as well.

How has the programme at the ISB evolved since its launch two years ago?

We have completed two years and the response has been excellent. We have had some of the world’s best faculty teaching our students. Our students go through an intensive one-year management programme. They have not only performed very well but have contributed to a vibrant campus atmosphere through several club activities including community work. We have ramped up our short-term executive education programmes and plan to increase it further over the next few years. We have made progress in establishing our centres of excellence. The Wadhwani Centre for Entrepreneurship Development is active and the Centre for Finance will shortly be established. We are commencing a unique post-doctoral programme and will have about 10 students this year.

Neelima MAHAJAN explains the increasing attractiveness of the country for Business Schools

Two years ago, Larry Summers, then president of Harvard, has conducted an initial level of the U.S. delegation by the leaders University of Bombay.

During high-powered delegations of eminent India Business Schools in the capital are not uncommon this visit was different. After meeting with government officials, eminent leaders and elders, Summers opened the HBS Research Centre in India in Bombay.

“After a centre in India was a no-brainer,” said Richard Vietor, Harvard’s Senior Associate Dean for Asia. “Since 1992, India has been a rapid growth clip.”

The economy is growing at a rate of 9.2 per cent and, unlike most of Europe and America, there is a growing consumer class in India. The country also provides to a large extent, competitive salaries, prosperous and entrepreneurship and the creation of a Venture-Capital Industry. At the same time, Indian companies are significantly its presence in the world.

Dan Rudolph, Senior Associate Dean at the Stanford Graduate School of Business, said that India is the rapid growth has led to “a real lack of staff or management and leadership to recruit.” He sees this as an opportunity for Business Schools, as on stage in Harvard, a partition Top Business Schools in the West are off-shore establishment of research centres in the country. The University of Michigan’s School of Business Ross, for example, worked with the Centre for Global Resource leverage in Bangalore, the country of the information technology Capital.

In the meantime, schools such as London Business School’s Sauder and Canada have established in India for research on their campuses.

“In the past, India seen it all as a big market for students,” said Bakul Dholakia, director of the Indian Institute of Management Ahmedabad, perhaps the country best known Business School. “To-Day, this is how, in India. “Dholakia said that by the end of 1990,” we have not even been a single exchange program. ” Now there are 75 per year.

What is considered a little stream, became a torrent. “We can cite the demographic dividend,” said Pritam Singh, former director of the Management Development Institute, Gurgaon. “You have to be in India, to understand it.” Of course, this is a trend that can not that grow

As the controversy over the Indian Institutes of Management setting up their campuses abroad is thickening, the Indian School of Business (ISB) in Hyderabad too has received a notice from the All India Council for Technical Education (AICTE).

The notice received by the premier business school deals with its association with the Kellogg School of Management, The Wharton School, and London Business School.

ISB has been asked to give details by the end of the month, an AICTE official said. According to him, the notice was sent early January and it seeks information on courses and foreign collaborations.

Maintaining that not too much should be read into it, the official said ISB had already started replying in parts. “Once information comes, the council will decide if it warrants action or not,”" the source said.

Gayatri zankiani, durg said, insofar as the Institute is a government IIM, faculties are paid less?
[12 2008 1220hrs EST]

Vadivelan Rangaraj, United States, said: Sooner or later, all schools, to ensure, before the heat of the Faculty limited. As the government controls the renumurations professor at the IITs & IIMs, the government has, for the work more attractive, freedom of the teacher to make the council and the best benefits. I firmly believe, the Faculty has a large community of say in the drafting of the Indian youth, and therefore the future of India. Before the increase in the number of students from the Faculty of force must be improved. If SIB may Wharton School, Kellogg & London Business School, then why not IITs & IIMs?
[5 2008 0425hrs EST]

BR, London, said: IIM fire is misleading. Establishments disappoint, at least as regards the quality of education thereof, the quality of teachers or the quality of infrastructure. Alumni often need wegschwemmen IIM degree with greater relevance / true brands - such as INSEAD, NYU, Harvard or LBS. The only really effective and useful study in these institutes is the lot and the pure joy of competition with colleagues, this slight. These institutions must be some alarm. They are easy to themselves.
[5 2008 0059hrs EST]

Kavitha, Chennai, says: Huh … Vs quality …. At any foreign company quantity accept lower quality quatity more work? … Not .. So all those who aspire to graduate MBA / IITian had already learned the lesson Quality Vs Quantity … So no need for the development of fearfor oppurtunity unnecessary .. Can we survive with the number of old industries of the increase in population? So .. Go ahead oppurtunity more …
[4 2008 1816hrs EST]

Parthasarathy Basu, Delhi, said, I fully agree with Mr. Barua here. While the increase in the number of IITs / IIMs would, of course, access to more people, but where do you think teachers teach? 80-90% of prospective students to come IIT / IIM done, and primarily for large monetary gains to the provision, if the degree. So, it would complete the aging, but one of the best teachers of this campus pool? As a solution, Govt. May we welcome the release of the remuneration structure of these institutions, Govt. Treatment packages, and models that have a time between students and industrialists do, the council, which are not only them but also the money deems appropriate, and therefore also to students indutry updated on the latest developments .
[4 2008 1103hrs EST]

Srinivas, the United States, said, I read, Mr Barua’s comments and all others, too. I am opposed to any increase in the registration fee or other fees in order to be able, the faculty. It should stop talented people economically poorer access to the reports of these institutions with great esteem. And where is the money?., The government should be able to do something. And another thing that can be done, nor to the tax controilling is structre year, the fees for the management of the opinion, but just, but WHOSE force students to pay only when taking view or during training. Instead of charging students in the voltage of 1 or 2 years or 7 years, with the right formula based on their course is finished. For example, can be an IITian may be the best offer training in the country (well, their work, smart), then to pay the surcharge, if the student is comfortable. In the past, most of the cream has gone abroad, mostly in the United States, and now on a downward trend, for obvious reasons. So let us country repeatedly to the student how these guys expect that the same cream without constraint for those who are not very well financially,
[4 2008 0405hrs EST]

P Rajaratnam, Bangalore, said that if a planned manner, IITs and IIMs will never be further diluted. Each school develops its own culture, which is what has kept the order. 2), but before the beginning of the new IITs, regional disparities of the economies of communities renamed NITs should be updated, to check the status of IIT in increased infrastructure and the faculty. 3) Beyond NITs, there are a number of engineering colleges across the country (an example: Pune), all they need to be complemented. Some of them are in control of the State and, if necessary, it could go HRD union. 3) The same principle applies to IIMs. But remarkable private / management of public schools are almost non-existent and locking Symbiosis Boston. Including each IIM, the project to create an IIM and thus doubling the establishments. It can also contribute to IITs with more lightness since IITS are at the bottom of a pool of engineers and managers. 4) In this way, we were able to increase IIMs additional 50 / IITs in five years.
[3 2008 2254hrs EST]

RISHABH GARG, NOIDA, said: Education is a rare investment opportunity to the helm of 100%. Every five years, a plan for setting up new IITs and IIMs. These packages must be offered attractive for schools, the maintenance of a healthy student at the Faculty of the report. Simulaneously upgradation of the universities should be done and should IIMs helping hand to them by the sharing of their academic programmes.
[3 2008 2026hrs EST]

Nish Pathak, Nagpur, said, I remember that the same subject, the debate was hot, a few years ago, but in another context - and BEds about BTechs! If BEds rolled out in quantities and BSC / BA were in the race for certain jobs. Then appeared today, the MBAs. Now, after youth at the end of the IIMs BE & IITs for a better future. So should we not be concerned about the dilution of Saga. “The next generation”, you will notice that some of the best opportunities - Super IIMs & Super IITs with more comprehensive and all inclusive futurestic curriculum to meet the demands of future industries and super-skilled jobs! Be optimistic!
[2 2008 1720hrs EST]

P Rajaratnam, Bangalore, said, I agree with the observations’s Barua. The solution is not coercion is not IIM Art Business Schools. While increasing the number of IIMs is desirable, it can never be the solution of Business Schools have wucherte Country wide. 2) The solution would be plausible for AICTE kind of independent academic institution exclusively to the management of the studies. But AICTE has become famous for inefficiency and corruption. There is another tahsildar’s office. This situation must be rectified. One solution would be for an existing IIM as a director, the head of delegation of this body for a limited period of 5 years. There is nothing wrong, of the one academic Harvard or Yale, the establishment of such training in the management of the regulatory authority. The Bottom-Line otherbusiness IIM standard school must achieve at least 95%.

The College of Business Administration at the University of Korea (President Euh Yoon-dae) has been accredited by the Association of Advanced Collegiate Schools of Business (AACSB), August 31, the University announced on September 4.

If students in the College of Business Administration, Bachelor and Master, students and students of the Graduate School of Business Administration decide to study, while others ACCSB-accredited Business Schools, the credits at the University of Korea will be honored.

AACSB International is a non-profit organization founded in 1916 by major business schools in the United States, it will assess the quality of education of Business Administration. The assessment is performed in 21 areas, including the ability of credit, curriculum and research.

Currently, 500 schools in over 20 countries are members of the AACSB accreditation, including Harvard, Yale and the London Business School in the United Kingdom.

During the year 2003, the College of Business Administration and the Graduate School of Seoul National University and the Graduate School of Management at the Korea Advanced Institute of Science and Technology (KAIST) achieved AACSB membership. But Korea University, the first institution whose College, Graduate School, Graduate School of Business Administration at all were AACSB accredited.

During one and a half years the accreditation process, Korea University, the number of full-time faculty from 45 to 60 evtl It is also planning more than 10 full-time faculty members in 2006 to improve the quality of the education system it offers.

밯 e, for a research fund that the association helps companies and professors. The funding will help to attract talented teachers. Several companies have already committed to the search for a fund of about 50 million won by the teacher on an annual basis, “said Jang Ha-sung, dean of the Korea University Business School.