Home > News & Trends > Trends - June 14, 2009, by Sam

Harvard, MIT Opening Colleges in India?

Gate of India

Soon students from India need not go abroad to get the foreign MBA/MS degree. The foreign universities will be allowed to open colleges in India. This is based on the news article in Wall Street Journal (WSJ) quoting HRD Minister Kapil Sibal.

Government of India is working to relax rules so that foreign universities can open colleges from 2010. This will be huge benefit for India economy as thousands pursue the UG/PG from a foreign university. Will the courses be afforable? Most of the students take loan and go abroad to pursue their dreams. Why not take loans to do MBA from Harvard Business School, Bangalore? Sounds like an interesting proposition.

The admissions to foreign colleges is mainly based on the scores like GRE, GMAT or TOEFL. This may force Indian Universities to accept standardized test scores instead of conducting their own entrance test. Its is a known fact that Indian Universities spend lesser time/money on research. Indian Institute of Management (IIMs) generally lose the race of being listed as global business schools because of not supporting research related activities. They also miss to enroll students from across the world.

I think this move will defeintely put India in global education map. Many universities in India may have to rethink on their strategies. Welcome to India.

Photo: People standing in front of Gateway of India, Mumbai.