Conducting a research about Indian business issues, Oxford University has decided to establish a business study and research centre, Oxford University India Business Centre (OUIBC) at Said Business School in Oxford, University has decided to open its offshore branch in India, informed John Hood, the vice Chairman of Oxford university on Monday.
Announcing to open an offshore study centre at Lavasa near Pune, Hood who is also a part of the high-level UK delegation to India and currently in India with UK Prime Minister Gordon Brown’s squad said here on Delhi, "India has become increasingly important for Oxford and the world at large….and the university is committed to expand its collaboration with India which has enriched Oxford's intellectual heritage for over 400 years."
“We are going to develop a range of executive education programmes, which would be delivered in India through a new facility at Lavasa, where our faculty will go there” he said.
“Ajit Gulab Chand, who is the professor of Indian Business Studies at Oxford University in London, would honour the new chair”, he added.
Addressing to a press conference, John Hood said, “This is a first of a kind project by Oxford. We have no such centre anywhere in the world and I think the agreement is historic for our university” “The primary objective of this research centre is to learn from India’s business success.” he further said.
“The centre will do a lot of business related research and develop case studies for use in both Oxford and India. The economic growth, successful business ventures and an ever growing IT sector in India needs to be closely observed and this centre will try to achieve that”, he addressed.
“India’s transitions from poverty to prosperity will form a guide to future generations of countries attempting similar transitions,” said Dr. Hood.
Elaborating the relationship of Oxford with India, he said, “Our University has had a long and rich relationship with India. The first Indian students came to Oxford in 1871. Just 12 years later, the University founded the Indian Institute at Oxford with the support of the Indian Government and business leaders.”
“In more recent times, the University has made strengthening its relationship with India one of its key priorities.” he added.
The Oxford University has signed the agreement on Monday with Hindustan Construction Co (HCC) to set up a business research centre in Pune, Maharashtra and offered executive courses to working professionals.
Ajit Gulab Chand who is also the chief of HCC said, “A Memorandum of Agreement will be signed at World Economic Forum in Davos,”, which is scheduled on Friday.
There would also some executive course for the professionals as Hood informed to media, “The courses would vary from one day to four weeks in duration. Both Indian professionals and foreigners working here would be eligible to study there. Professionals from government, private and non-government organisations can pursue executive programmes here.”
“The entire business centre will be funded by Ajit Gulabchand, chairman of Lavasa Corporation”, he said.
On responding the question about the estimating budget Gulab Chand said, “It will be huge. I can tell you, apart from executive courses, we may offer other courses in due course of time.”
“The centre will be under the guidance of SAID Business School of Oxford. It will do research on Indian business and make efforts to develop a global understanding for better future,” said Gulabchand.
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