IIT Bombay and Washington University have launched a joint global ‘executive MBA’ (EMBA) course, which aims to bridge the gap between technology and management and to make the most out of the evolving Indian economy. The 18-month EMBA for working professionals is the first Indo-U.S. venture of its kind.
Speaking at the launch, industry leaders said that Indian education system hinders innovative thinking. “India doesn’t produce great leaders because we are not pushed enough to think out of the box,” said Sandeep Naik, MD of General Atlantic. “We are great managers and CEOs when we have to solve a known problem, but succumb to pressure when we face an unknown problem.”
“The present environment is conducive since the government has controlled fiscal deficit. In the next 10 years, we will see an increase in job opportunities,” said Asish Chauhan, MD and CEO of BSE.
“We are moving from an agrarian society to an industrial one. Only when we make the weakest people in the country part of our success will we succeed,” said Dr Shriram Nene, surgeon and healthcare innovator.
Others stressed that innovation and entrepreneurship will lead the Make-in-India campaign to success.
The writer is an intern with The Hindu
