Coles College launches partnership with b-school in India

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  Collaboration with Mumbai Business School marks Coles College’s entrance into India…

Georgia (Apr 7, 2010) —  

Collaboration with Mumbai Business School marks Coles College’s entrance into India’s booming economy
 
Kennesaw, Ga. (April 7, 2010) – The Coles College of Business has entered into a partnership with one of India’s up-and-coming business schools, launching one of the country’s first executive M.B.A. programs offered in collaboration with an American university.
 
Under the agreement, the Coles College of Business will help Mumbai Business School launch its first executive M.B.A. program and teach the curriculum. Graduates of Mumbai Business School’s Post-Graduate Program for Working Executives (PGPX) will receive certificates from the Coles College of Business.
 
“We are very excited about our new educational partnership in Mumbai, India’s financial center,” said W. Ken Harmon, dean of the Coles College of Business, who traveled to India in March to seal the deal. “Our collaboration with Mumbai Business School will extend the Coles College’s brand into the heart of one of the most dynamic economies in the world. We are looking forward to a productive partnership that will yield benefits for both schools.”
 
The revenue-sharing agreement will provide Coles College faculty the opportunity to teach at Mumbai Business School, whose faculty includes Indian business leaders as well as professors from renowned U.S. business schools such as Northwestern’s Kellogg School of Management and Emory’s Goizueta Business School. The partnership will also provide funding for research, travel and development opportunities for Coles College faculty, and will open the door for the college to help train U.S. executives whose companies want to do business in India.
 
This collaboration marks the Coles College of Business’ entrance into one of the world’s largest and fastest-growing economies. India, which has a large English-speaking population, is quickly becoming one of the most important business economies in the globe, thus creating demand for the education of managers and executives leading India’s businesses. India’s economy is projected to grow 8.5 percent this year, and U.S. Treasury Secretary Timothy Geithner traveled to India in early April to work on improving
bilateral economic and financial relations.
 
Harmon and other Coles College administrators visited several business schools in Mumbai, Delhi, Mysore and Bangalore in fall 2009 and they decided Mumbai Business School, which started operations in 2008, was the right partner “because of its entrepreneurial spirit and flexible approaches to education,” Harmon said.
 
“Most of the business schools we visited in India were very young, which reflects the dynamic nature of the burgeoning economy,” he explained. “While there are a number of long-standing business schools, we liked the fresh approach Mumbai Business School takes to business education.”


 

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