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Global academic alliances for a global workforce (View Comments)
Team Ascent
Posted On Thursday, September 25, 2008 at 01:31:15 PM
The trend of global alliances between academic institutes is fast catching up in India now. A ten year-old-phenomenon in the country, one is witnessing a steady rise of this trend. A whole lot of Indian management institutes are joining hands with international counterparts. IIM-A, ISB, SP Jain are few such examples. Early to recognise the value of such academic partnerships, SP Jain has forayed into yet another such partnership. One of the leading business schools with campuses in India, Dubai and Singapore, SP Jain has tied up with Canada’s top ranked business school - Schulich School of Business, York University.
Talking about the need for such global academic tie-ups, Nitish Jain, president, SP Jain notes, “The biggest challenge facing the corporate world today is the paucity of global workforce.” Elaborating on it he says, “In today’s competitive world, businesses have no choice but to go global. Be it for markets, cost reduction, money or knowledge, one must find global solutions.” He further adds, “This calls for a new breed of managers capable and competent to work in a global economy.” With this program, SP Jain aims to build a global talent pipeline.
The two institutes have partnered for a full-time one year global MBA program which will be conducted in three of the world’s leading business cities - Dubai, Singapore and Toronto. The Global MBA program conducted by SP Jain is designed to impart ‘global’ thinking to its students.
Professor Christopher Abraham, senior VP, business development of SP Jain says, “This tie-up now gives our students the exclusive opportunity to spend 10 weeks in Canada’s leading business school, taught by their top rated Canadian professors and also do an industry project in Toronto.” He further adds, “This is in addition to their studying at our international campuses in Dubai and Singapore.” In turn, Schulich could send their students to SP Jain’s campuses to study how business is done in Asia.
In each city, students learn local business practices, regulations and culture. In addition, the international faculty team comprising professors from all over the world and a global curriculum gives students of SP Jain adequate preparation to lead in the new global economy. Students come from 15 different countries and thus the diverse peer group also adds to the overall global exposure.
The good part of this program is its fee structure which amounts to USD 30,000 (20,000 – tuition cost + 10,000 – living costs). “We don’t want the money to come in the way,” Jain asserts.
What started with just a mere students exchange about a few decades back has now come a full circle and become the order of the day for Indian academic institutes. “We can only create a truly global workforce through such alliances,” Jain concludes.
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