The Indian education system has seen an unprecedented growth over the recent years. The Indian School of Business's only other campus outside Hyderabad may only have commenced a few months back, its growth plans look very encouraging. It would house four institutes focussing on areas critical to India's development: the Max India Institute of Healthcare Management, the Bharti Institute of Public Policy, the BML Munjal Hero Honda Institute of Manufacturing Excellence & Innovation, and the Punj Lloyd Institute of Physical Infrastructure Management. The campus at Mohali will also conduct several short duration executive education programmes in various disciplines.
The Mohali campus which started with the support of existing associate schools, Wharton School and Kellogg School of Management has now signed anMoU with The Fletcher School, Tufts University, USA to support the setting up of the Bharti Institute of Public Policy which would be funded by Bharti Enterprises.The MoU was signed by AjitRangnekar, Dean, ISB and Stephen W Bosworth, Dean, The Fletcher School in the presence of KapilSibal, Union Minister of Human Resource Development and RakeshBharti Mittal, Vice-Chairman and Managing Director, Bharti Enterprises in New Delhi.
The collaboration between the two schools is likely to cover the following areas: faculty exchange opportunities, curricullum development, research and teaching support in areas such as trade policy, energy and natural resource policy, environment and security policy, Joint research projects, and development of educational material relevant to India, specialisations in Masters level programmes. Joint executive education programmes, research workshops and conferences.
The Fletcher School setup in 1933 has a mission to offer a broad professional education in international relations to students committed to maintaining the stability and prosperity of a complex, challenging, and increasingly global society. The school today enrolls an average of 330 students per year from the United States and more than forty countries around the world. Fletcher alumni are presently living and working in more than 130 countries and are engaged in careers in national governments and international organizations, business, banking, journalism, education, international research, and other private and public pursuits.
The partnership is believed to generate innovative ideas for both policy formulation and implementation, and help in creating a critical mass of thinkers who would guide and contribute to national initiatives for the future. Both the schools share common grounds on their dedication to providing forward-thinking, groundbreaking research and teaching, and this partnership is a significant development in providing tremendous opportunities for cross-collaboration between them.
The Indian School of Business in the past has formed academic alliances with the Kellogg School of Management at Northwestern University, The Wharton School at University of Pennsylvania, London Business School (LBS) and MIT Sloan School of Management. These collaborations are a testimony to the success of the Indian education system and open a wealth of opportunities for students aiming to get an international exposure. In these arrangements the foreign institutions actively co-operate in training the faculty, curriculum development or partially imparts courses through flying tutors, it enhances the potential for improvement of the quality of the delivery programme.