Re: IIMs going abroad

In my opinion, we should do what the Stanford's and MIT's do here.

Our IIT's and IIM's could stay at home and still recruit foreign students who has talent and money.

That way, the burden on the Governments to maintain those prestigious institutions could be reduced and we could afford more

campuses and facilities for those institutes.

By opening these institutions in foreign countries, what benefit does our country really get?

If the foreign institutes want to open in India, they could create a real competition and that could be beneficial to us.

 

Thanks,

Mahesh

 

On 1/31/06, Chandu Sambasiva Rao <srchandu@gmail.com> wrote:

Dear Friends,

It looks like, one way or other, our IIMs and possibly IITs and other
institutions will soon get ready to operate in other countries. Our
president himself gave his nod using his saintly wisdom. I think it is
the right thing to do! Logistics can be worked out to keep the sanctity
and purpose clear. India has been the provider of knowledge for ages in
some shape or form. Nothing wrong in continuing such a proud tradition.


The flip side of this coin is, should we allow foriegn institutions to
open shops in our country? I remember some heated discussions on this
some time back. What do you think? If we want to operate in other
countries, why not other countries operate on our soil?

What is that we need to get ready with before such gates are open?
Should free economy prevail? Do you want some institutions and area
untouched? Why?

Regards,
Chandu

Follow the original article by Dr. Kalam on rediff.com

http://www.rediff.com/money/2006/jan/31iim.htm

Kalam favours IIMs going abroad

Pallab Bhattacharya in Singapore | January 31, 2006 20:48 IST

In an apparent support to the proposal of prestigious Indian business
schools setting up shops abroad, President A P J Abdul Kalam on Tuesday
favoured sharing of knowledge among countries saying no single country
could achieve knowledge in isolation.

Asked to comment on the Centre's refusal to allow Indian Institute of
Management, Bangalore, to go ahead with its Singapore campus proposal,
he told reporters accompanying him on his three-nation tour that
"knowledge does not come solo. There are some countries which are
strong in software and others in hardware. When they come together, it
creates a new synergy. Societies have to come together for sharing
knowledge."

His remarks come ahead of Wednesday's meeting of the directors of
Indian Institutes of Management on the controversial issue.

   *
     IIMs: Triumphs and Tribulations

The IIM directors are to discuss amending their charter which prohibits
them from setting up shops abroad.

The first proposal by IIM Bangalore to set up a venture in Singapore
had got thumbs down from the heckles of human resource ministry which
said the prestigious B-schools should first concentrate on meeting
domestic demand.

However, in the face of widespread criticism of the HRD ministry's
stand, Human Resource Minister Arjun Singh later softened his stand and
said the IIMs should amend their Memoranda of Association (MoA) if they
wanted to go global.

Following the minister's statement, IIM-B as also some other IIMs had
set in motion the process of changing their MoA, a process which is
expected to be completed in the next two months before being placed
before the board of governors and government for approval.

The Singapore venture of IIM-B is estimated to earn substantial revenue
for the institution in its overall objective of achieving financial
autonomy in future.

IIM-B, IIM-Ahmedabad and IIM-Kolkata have already become financially
independent in the last two years but IIMs in Lucknow, Indore and
Kozhikode are still getting funds from the Centre.