Financial Daily from THE HINDU group of publications
Monday, Sep 09, 2002
Industry & Economy
ISB plans to enrol more foreign students
CHENNAI, Sept. 8
THE Indian School of Business, Hyderabad, plans to diversify its student population by enrolling more international students.
At present, there are only two international students - one each from Germany and the US - and the aim is to increase this number to five-10 per cent of the total student population by the next academic year and 20-30 per cent in a couple of years after that.
The rationale behind the move is to make the Indian School of Business (ISB) truly global in character. Getting international students will also help widen the network and if the ISB's alumni become CEOs of global companies 10-15 years down the line, it will help improve the network, especially through the alumni associations that will be formed.
The students are bound to have some "affection" for their alma mater, the city in which the university is located and their classmates. Besides, as Prof Vijay Mahajan, Dean, ISB, points out, international students will also help enlarge the scope of discussions among the students.
It was not just the global experiences that these students bring in, but also the global linkages that will get established that are important, he told Business Line here Saturday.
Simultaneously, Prof Mahajan is keen to increase the percentage of women students in the ISB from the present level of 20 per cent of the total student population.
Prof Mahajan, who took over as Dean in June last, is also keen to build a permanent faculty at the ISB. At present, the ISB has professors in various disciplines from different countries coming over and taking classes.
The aim is to have a permanent faculty of 40 in a few years and to begin with recruit 6-10 this year, and fill up 60 per cent of the targeted 40 in three years.
The development of the faculty, according to him, has to match the demands of the research base.
According to Prof Mahajan, a recruiting committee in the US, headed by Prof Bala Balachandran, has been established to help find permanent faculty members.
The objective is to find people with expertise on the emerging economies.
The ISB will have six centres of excellence in the areas of leadership and change management, entrepreneurship, technology, managing in emerging markets, strategic marketing, and analytical finance.
Prof Mahajan is hopeful that in three years all the centres of excellence will become fully functional.
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