ISB has some new competition right in its backyard

HYDERABAD/AHMEDABAD: The Indian School of Business (ISB), has some new competition right in its backyard. The Harvard Business School (HBS), will kick off its first executive education programme in India early next year.

The first-of-its-kind five-day programme on Building a Global Enterprise in India will cost Rs 1.8 lakh per participant. Not surprising considering they will be taught by blue-breed management gurus senior HBS faculty including Harvard dons Thomas J DeLong, Krishna G Palepu and Amy C Edmondson.

“The program is based on 10 years of extensive, on-the-ground HBS research in India and uses cases tailored to the specific needs of companies operating in the country,” professor David Yoffie, senior associate dean and chair of Harvard Business School Executive Education programs, said in a statement.

The programme marries on-the-ground, research-based knowledge of India with the global perspective of one of the world’s leading business schools-a combination unavailable in any other executive education program.

This is perhaps the first time that HBS is kicking off academic programmes in the country after nurturing IIM Ahmedabad way back in 1961-67.

The reputed B-school set up in Mumbai its India research centre in 2005 after it began developing India focused cases about a decade earlier.

The new programme, slated to be held in February 2008 at the Hyderabad International Convention Centre, a stone’s throw from the ISB campus, will replicate the world-renowned HBS learning experience. It will provide participants the opportunity to meet and discuss business issues with a diverse and dynamic group of C-suite peers from India and around the world.

That Hyderabad was chosen as the venue for the HBS’ first executive programme in India is significant.

Executive education programmes are a significant revenue earner for the ISB, which runs the Centre for Executive Education, which organises short-term programmes ranging from a few days to a few weeks.B

ISB leverages its academic alliances with The Wharton School at the University of Pennsylvania, the Kellogg School of Management at Northwestern University and the London Business School, which has contributed extensively in developing the executive programmes for it.

But then B-school executive education is nothing new in India. The concept was pioneered by IIM Ahmedabad with its one-year post graduate programme for executives costing Rs14 lakhs.

Participants at the IMMs for this programme are selected on the basis of their GMAT scores the same as ISB’s one-year programme which, too, is for experienced executives.

“Executive education programs are certainly the order of the day but one requires much more in-depth perspective than a four-day workshop,” one of the participants of IIM-As PGPX said.

(Source: dnaindia.com )

Written by admin on September 25th, 2007 with no comments.
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Number of GMAT takers growing rapidly in India

Number of GMAT takers growing rapidly in India
2007-07-24 20:49:55 Source : Moneycontrol.com

The number of GMAT takers in India is growing every year. And experts predict the number to grow at between 20 to 25% over the next three to five years. Here�s what�s attracting Indians towards this international test.

From less than six thousand in 2001, to over 16,000 last year, the number of Indians opting for GMAT, is increasing every year. Out of the two lakh people taking GMAT every year across the world, about 5% are from India. Experts say the number of GMAT takers in India is growing at 20% per annum already.

Chad Troutwine, Co-Founder, Veritas Prep said, �It’s one of the 5 most popular in the world. It’s also the fastest growing. Just three years ago, less than 10,000 students took the GMAT exam in India, so it’s not only an ideal market, it’s the fastest growing. And, we think, it could also be an indicator where growth could be in other countries in Asia”.

Experts say, the number of GMAT takers from India, will continue to grow at 20 to 25% per annum for the next 3 to 5 years. The increasing interest from Indians to study abroad is cited to be the main reason for this growth. But that’s not all.

Nikhil Mahajan, MD, Career Launcher said, �3 to 4 of the IIMs have launched a one-year executive program, which used GMAT score as their entry criteria. ISB is probably the biggest GMAT user within the Indian market”.

With this increasing interest, not only from students but from educational institutions as well, GMAT it seems has taken off in India.

Written by admin on September 9th, 2007 with no comments.
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