Internships & Global Leadership Development in India
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Outsourcing Joins the MBA Curriculum
Some students from Indiana University's Kelley School of Business decided to spend spring break this year traveling around India. But the trip was not meant to be a vacation. Under the auspices of the MBA program, Ms. Dvorak and her classmates spent 10 days learning about outsourcing from local and international companies in cities like Bangalore, New Delhi and Mumbai.
Ms. Dvorak, 29, who is in her second year of graduate school, said, "Outsourcing is a subject we need to know about if we want to be competitive in the future." Outsourcing has become a prime subject for business students. Thousands of white-collar jobs are moving overseas every year, and at least 3.3 million jobs in service industries, accounting for USD 136 billion in wages, will leave the US by 2015 for lower-cost countries, according to Forrester Research. "It's not something you can ignore," said Ms. Dvorak, who had just finished an eight-week course in outsourcing that she was required to take before the trip.
Other business schools besides Indiana are offering courses or other instruction in offshore outsourcing, and students are signing up in an effort to add to their managerial tool kits.
Amir Nahai, 26, a first-year student at the Tuck School of Business at Dartmouth, said, "You hear about outsourcing all the time these days. But you don't really know what the advantages and disadvantages are." Tuck does not offer a course in outsourcing, but it provides the opportunity for overseas exposure to the subject. Interest in outsourcing "is really booming," said Joseph A. Massey, Director of the Center for International Business at Tuck.
Wharton and several other top business schools, including the University of Chicago Graduate School of Business and the Stern School of Business at New York University, said that they address outsourcing when necessary in classes about international economics.
Reported by The New York Times
India Inc. Turning to be a Hot Subject Among US Academia
Impressed by the Indian economy emerging on the global scene and its ability to attract jobs, students and faculty members in the US are increasingly involving themselves to understand the phenomenon and want to visit the country to study it at first hand.
According to Patrick T Harker, Dean, Wharton School University of Pennsylvania, "There's a tremendous interest in understanding two things, the emergence of the Indian economy on the global scene, and its important role in the decoupling of services from where work is done and where it is delivered."
Researchers at schools like the Kellogg School of Management, the University of California at Berkeley and the Columbia Business School are studying India's intellectual base, and the trials that software services companies face as they compete globally.
At the Sloan School of Management, Massachusetts Institute of Technology, outsourcing is drawing MBA students to a new course that focuses on the variety of economic, technological, managerial and organizational factors in corporate decisions to transfer jobs to other countries.
In the last few months, Wipro, a Bangalore, India based IT services company, has had a dozen visits by students and faculty of top US colleges, and 10 more are scheduled in the coming months. Infosys Technologies, another Indian IT services company also based in Bangalore, has had eight student groups visit in the same period.
Harker noted that both India and China, with their impressive GDP rates, are attractive to students and academicians alike. He added, "Today, every other country in the world is trying to reposition itself to compete with India and China.
Reported by indiainfo.com
Harvard Business School Plans R & D Centre in India
The Harvard Business School (HBS) has decided to open a new research centre in India, to help develop case studies to train the global managers of tomorrow.
While a final decision is yet to be reached, it is learnt that the centre will be located either in Mumbai or Bangalore. It will be Harvard Business School's fourth international research centre after Hong Kong, Buenos Aires and Tokyo.
Prof Warren McFarlan, Senior Associate Dean, HBS, talking about HBS's decision to set up an R & D center in India, said, "India is not just about IT or BPO. We see it as an incubator for giant global corporations driven by IT strategy."
McFarlan added, "Globalization is extremely important to the HBS. We realized that in order to train global managers for global businesses, we needed far deeper understanding of businesses and processes in different environments."
A key focus area of the new R & D centre will be to understand the differences between the two emerging global IT superpowers - India and China. While the Asia research centres have already generated 144 exhaustive case studies over the past five years, the India centre is expected to deepen understanding of business process and corporate development in India, with a global perspective.
Reported by The Economic Times
