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Indian business schools now attract global faculty

Source : Economic Times
May 31, 2012

 

Date: 31st May 2012

MUMBAI: In the first quarter of 2012, Rajib L Saha left the University of Rochester in the United States to join the International School of Business (ISB), Hyderabad, as assistant professor in information systems. The triggers for relocation were both personal - the alumnus of the Indian Institute of Technology, Kharagpur, can now be closer to his family in West Bengal - and professional. 

"The structure here allows for a higher level of interaction between the resident faculty and the visiting faculty compared to the US structure. There is a lot of scope to grow by working closely with research and industry than by merely attending conferences" says Saha. Cut to the Indian Institute of Management (IIM), Trichy, where Mouloud Madoun is on the institute's list of permanent faculty. After teaching at business schools in France, Sweden, the United Kingdom, Ireland, Romania and Poland, Madoun recently packed his bags and headed for India. At IIM, Trichy, the professor teaches human resource management, organisational behaviour and corporate social responsibility, among other subjects.

"My decision to relocate to India is professional. Although I may have earned four times what I do in India, I am a lot happier here," says the professor of French origin who taught for two decades at the Marseille School of Business. 

Like Saha and Madoun, a number of global faculty members - including some of Indian origin - have figured the grass is greener on Indian B-school campuses. In 2011, Dr Galit Shmueli, an Israeli-American professor, joined ISB as the Srini Raju Centre for IT and the Networked Economy chaired professor of data analytics & associate professor of statistics & information systems. Her three compelling reasons for relocating: family, contribution to society, and lifestyle.

Other global faculty of Indian origin who joined ISB in 2011 include Siddharth Singh from Rice University, US, Sarang Deo from Kellogg School of Management, US, and Suman Ann Thomas from the National University of Singapore. 

ISB, says Sanjay Kallapur, senior associate dean, faculty development, targets research-oriented faculty from international schools who are equally keen to join institutes where the research environment and infrastructure are solid. "The pay too has to be competitive and we pay 60% of what US schools offer," says Kallapur. "We have to compete with Asian B-schools from countries such as China and Singapore where sizeable grants come in from the government, enabling these institutes to offer top dollar to attract international top faculty," he adds. 

If global faculty is willing to take a haircut in pay packets, it's because they are coming to India with specific mandates and missions. Madoun, for instance, is researching a new management model based on Indian values and culture. "I think the management models in Europe and America are facing a lot of problems. India has the right ingredients to build a sustainable model," he says.

 


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