The corporate world is undergoing a crisis in ethics and values and educational institutions alone can arrest further deterioration, said Dr Karan Singh, MP, while inaugurating the three-day 14th Annual Management Education Convention of the Association of Indian Management Schools (AIMS). Aspiring managers need a dose of values along with the regular curriculum fare, he said. Mr Vishnukant Shastri, Governor, UP, called upon academicians to go back to India’s ancient scriptures and include lessons from ancient texts in management education. Fr E Abraham SJ, director of Xavier Institute Of Management, Bhubaneswar, who has been appointed president of AIMS, said,”The need of the hour is to improve the quality of management education in India. We should stress on having a pragmatic management curriculum in B-schools.

During the year 2007, the Indian Institute of Management, Bangalore (IIM-B), the first Indian Business School offers an exchange program with the Stanford Graduate School of Business.
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Becky Wright

The Stanford-IIM-B exchange programme for 16 students from the whole school to participate in a multi-cultural collaboration of the experience with regard to the economy and administration in the United States and India. According to Professor V. “Seenu” Srinivasan, coordinator of the Stanford-IIM-B-exchange programme of the GSB, teams of four students - two of the IIM-B and two in their second year MBA from Stanford GSB will work closely on group projects Tombent academic quarter. Students complete their understanding with readings and lectures. From September 16 to September 22, the GSB students meet with the other members of the group in Bangalore, and then the IIM-B-Stanford students who visit for the week of December 2 to December 8. At the centre of visits academics, businessmen and social activities.

“The hope is that this program is the strong lifelong relationships between American and Indian companies,” said Srinivasan.

In May, a new GSB Faculty MBA program are implemented from the fall semester 2007. It extends the GSB overall current management curriculum, in part, by students, a global experience. This requirement can be met by a study tour, an international internship approved overseas training online travel services or an exchange of students.

“Ask to visit all students and more of a country in which they do not have much time before signals to our students, that the international aspects of the economy are becoming increasingly important and will help you to prepare for the career, which inevitably with them in the International Economy, “said Prof.. John Roberts, who teaches economics, strategic management and international affairs.

The GSB is currently an exchange program similar to the Tsinghua University School of Economics and Management in China. According to Roberts, the GSB to plan, others offer exchange programs, but is open to suggestions. The exchange with students at Tsinghua and IIM-B currently does not meet the test of international experience, since the programs can not be performed early enough in studies of the students.

“At the moment, we are on the ability of each student to go back to a study tour or service online training route,” said Roberts.