Archive for November 13th, 2010

Business India on Centurion School of Management in Parlakhemundi

The article starts as follows:

The Harvard-educated home minister P. Chidambaram could learn some valuable lessons at this campus located in the heart of the Naxalinfested tribal district of Gajapati in Orissa, bordering Andhra Pradesh. Centurion School of Rural Enterprise Management (csrem) is run by two management professors – Mukthi Mishra and D.N. Rao – who quit their jobs at Xavier Institute of Management Bhubaneswar (ximb) to set up their own B-school barely seven years ago. They have made a tremendous impact in this poor and restive region. “Over the past few years, we have managed to produce over 10,000 graduates in engineering and management, and vocational certificate holders in a range of trades from the region,” says Mishra, co-founder of csrem.

Following is a scan of the whole article.

 

4 comments November 13th, 2010

Yale President reiterates the importance of private sector in making world-class universities in India; Indian government should listen to him

Following are excerpts from the interview at http://www.livemint.com/richardlevin.htm.

Leading Indian institutes are good at teaching but they are not research-oriented. What should be the focus now?

The IITs and IIMs are basically good teaching institutions… The biggest contribution made by research universities is that they have advanced knowledge as well as educate quality students. The requisite for making that happen is, one, opening up the structure of faculty compensation so that you can actually attract world-class individuals.

The strong Indian nationals go to graduate schools in the US and they will not come back if they don’t get compensation close to what they get aboard. And right now, they would not unless there is some change in legislation.

The second is the state support—the need for quality laboratory, infrastructure and competitive research grant to advance their work. While there have been some advances in research grants in India, there is still by and large not the quality of the facility that you can have access to in the US, parts of Europe or indeed recently in China.

You had an interaction with Ratan Tata (chairman of Tata group). Is he sponsoring a chair?

There is nothing particular to announce now. We are talking to lots of leading Indian families who are interested in Yale getting more involved in India. I hope there will be some support for our relationship. There is a lot of philanthropic interest in higher education of India. I hope Parliament will open the market up to those philanthropists to build universities. They can give some money to Yale, but that will not have the impact.

India is very brand conscious and it seems it wants foreign universities to set up shop here. That will help, but that is not the answer. The answer is great Indian universities and Indian brands. You have done it with companies—you got Tata, Reliance (Reliance Industries Ltd and Reliance-Anil Dhirubhai Ambani Group), Infosys (Technologies Ltd), you got Wipro (Ltd). These are great global brands now. You can do the same with Indian universities rather than co-branding like Yale-India Campus or Harvard-India Campus.

The impression here is Yale is interested in partnering one or more of the proposed innovation universities. Is that true?

We can have partnership in more than one area (but) not as co-brands. There will be some exchanges.

We may have some advisory role, having some of our faculty helping establish these universities. No joint investment. I think the real hope (for innovation university) is private sector support.

How do you see the growth of education in India vis-à-vis China?

To compete successfully 20 years from now, India and China will need much stronger research universities. China is very aware of this and politically committed to it.

China is making big investments in research laboratories. They are putting lots of money in top universities to make them competitive with Harvard, Yale and Stanford. They are focusing more on a small number of top universities. Politically, that is very hard for India to do because of India’s democracy. It is very hard for America to do so. Solution is to allow the private sector to have a big role in higher education.

I believe you will succeed because India has built great companies in (the) last 20 years. I think a lot of people responsible for that want to give back to the Indian society. They are eager to do what Leland Stanford (founder of Stanford University) and John D. Rockefeller (founder of Chicago University and Rockefeller University) did in America over 100 years ago. If I am not mistaken, all Parliament needs to do is not to give the money away but pass legislation so that will happen.

The term Ivy League seems to have caught on. After China branded some of its university as C-9 or the Chinese Ivy League, India is set to designate at least nine top universities the Indian Ivy League. Does this help?

It reflected something really in China. Those are the universities that China is making disproportionate investment (in). In fact the government made those investments before naming them as Ivy League of China. I don’t know much about the Indian Ivy League. Unless there are much resources, I don’t think it will have that much of impact.

… prashant.n@livemint.com

I have underlined the part that I thought are important. President (of Yale) Levin is right in his answers. Under the current system Indian government can not pay large enough compensations that will attract a large number of top-quality Ph.Ds and faculty from abroad to populate proposed world class research and innovations universities in India. Only private universities backed by Billion dollar level endowment as well as a viable plan to have global level annual funding year after year (note: My university, Arizona State U, has an annual budget of $1.7 Billion plus; Harvard and Stanford annual budgets are about $3 Billion) have a chance to become world class. Fortunately Vedanta University is exactly such a plan. But unfortunately, the Indian government, instead of helping it and showcasing it such that other billionaires from India follow it, is creating hurdles.

November 13th, 2010


Calendar

November 2010
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930  

Posts by Month

Links

Posts by Category