Università Bocconi, Italy is all set to become the first leading international university with plans to open a business school in India. It has been decided that the university will be named the Mumbai International School of Business Bocconi and is scheduled to open its doors in July this year in Hiranandani, Mumbai. The main reason behind choosing India to set up this new project is in response to the strong request for managerial education that characterises the Indian market. It has come to be known that the university will offer a two-year postgraduate programme that is very similar to an MBA and will accommodate only 100 students per programme. It is also known that every week, students will be sent to corporate houses to learn the ropes about corporate culture. India has a good number of exchange programmes and tie-ups with overseas the country, but there are no international campuses in India due to certain regulations. This Italian university has also set up an Indian trust and has tied up with a group of entrepreneurs known as Ultimate Knowledge System. This has permitted the university to go around India’s ambiguous regulations that have previously prevented similar business school tie-ups from offering degrees in India. The Italian university will provide the school’s faculty and set the curriculum in accordance with local regulations. The entry of overseas universities is seen as game changing for India’s higher education scene, which is controlled by a rigid and centralised bureaucracy in New Delhi.
Volume 1 Issue 8
