Mumbai campus for Italian b-school

One of Italy’s top institutes, Università Bocconi, through SDA Bocconi School of Management, is setting up a campus in Mumbai. The MISB Bocconi or the Mumbai International School of Business Bocconi will offer postgraduate programmes in business for Indian students and managers. SDA Bocconi has been ranked as among the top 10 European business schools according to the Financial Times rankings.

“MISB Bocconi opens to our university a new path for our internationalisation strategy which has led us today to have over 200 partner schools in all five continents and to offer our students 16 double degree programmes, of which one with the Indian Institute of Management- Ahmedabad,” explains Guido Tabellini, rector of Università Bocconi.

“It is, in fact, the first initiative in which, together with entrepreneurial partners, we give birth to a postgraduate education programme aimed exclusively at Indian students and managers and not Italians. We have chosen India,” says Tabellini, “ to set up this new project because of both the strong request for managerial education which characterises the Indian market and the deep-rooted experience which Bocconi has in this country beginning back in 2000, when we signed our first agreement with a partner university.”

The first programme offered by MISB Bocconi will be the Post Graduate Programme in Business, which will start in July 2012, a high-level international programme in management and centered on the realities of the Indian market and business world. Lessons will be held by a mix of Indian, international and Bocconi faculty. The programme will be a combination of theory and real practice in close contact with the business world and will be articulated in 2 modules of 11 months each. 

The first module will cover disciplines such as marketing, economics, corporate strategy and finance, concluding with a summer project that foresees an internship, an entrepreneurial project or a research project. The second module will also include the option of a campus abroad in a Bocconi partner school or an exchange semester at Bocconi’s campus in Milan and a group consultancy project in close collaboration with a company.

Università Bocconi will guarantee the quality of the courses in accordance with international academic standards and also draw upon its network of collaborations with Indian corporate partners with which it already works to offer internships and work experience for its students.

The school is also looking at launching executive education programmes for Indian and multinational companies, operating on the Indian market, in fields such as finance, entrepreneurship and family business, and fashion/design management, drawing upon the experience of SDA Bocconi.

Wharton’s programme for Indian leaders

“Learning is a lifelong process of keeping abreast of change. And the most pressing task is to teach people how to learn.” (Peter F Drucker)

As Indian companies scale for global aspirations in a rapidly changing economic environment, good business strategy demands that senior executives and managers are trained in specific skills to keep pace with the organisation’s growth plan.

In recent years, India’s executive education sector has been growing by leaps and bounds. With economic growth creating a need for skilled human capital, leading business schools such as the Indian Institutes of Management (IIMs) and Indian School of Business at Hyderabad are focusing on executive education programmes. International schools such as Harvard Business School, Oxford University and the University of Western Ontario are also making a beeline for the market.

The Wharton School of the University of Pennsylvania has announced the launch of a new non-degree business certificate programme in India beginning January 2012. Called the Accelerated Development Program (ADP), this new certificate is designed to meet the current needs of global business leaders with high potential in India.

"The Accelerated Development Program exemplifies Wharton's commitment to global business education as it will bring Wharton's world-class faculty and thought leadership to business executives in India," explained Wharton Vice Dean Jason Wingard who made the announcement of the programme yesterday at the School's Global Engagement Series event held in Mumbai, India.

Harbir Singh, Wharton's Vice Dean of Global Initiatives and the Mack Professor of Management, says the present is an ideal time to launch such a programme in India. "There is a growing emphasis on internationalisation for organisations in India," Singh says. "Business leaders must be well aware of the need to build globally competitive enterprises, and how today's highly interconnected world affects everything from innovation to finance to leadership. You can't create and maintain a competitive advantage without a global perspective."

The Accelerated Development Program is designed to bring that perspective to India's global business leaders with high potential. The certificate programme will offer courses in Mumbai and Gurgaon, India in topics such as Strategic Thinking, Finance, Marketing, and Leadership.

What distinguishes Wharton's Accelerated Development Program from other business school programmes currently offered in India is that it will go beyond the classroom sessions to help participants become more reflective and proactive in managing their careers. All participants who choose to complete the certificate will receive coaching and professional assessments. Also, they will be eligible to attend an executive education programme at the Wharton School's Philadelphia campus in the United States. No other business school in India currently offers these types of additional benefits.

"Business leaders today need a higher level of proactivity and self-reflection during their careers," says Singh, who will teach in the Accelerated Development Program. "The pace of change demands a take-charge approach, and coaching is an important component."

To be awarded the certificate, participants must complete three of the courses within two years.