Indian MBA Colleges wooing foreign students
The presence of foreign students in Indian B-schools has been on a gradual rise in the recent years, even if these students are here only on exchange programmes for one or two semesters instead of a full-time two year programme.
The top MBA colleges in India are trying to increase the diversity of students on their campus in terms of nationality by looking to attract foreign students for their flagship two-year management programmes.
As per Debasish Chatterjee, Director of the Indian Institute of Management (IIM), Kozhikode, exchange programmes for international students for one or twosemesters began at the IIMs almost a decade ago.
"There has been an increase in the number of foreign students coming to Indian B-schools in the last few years. We had close to 70 students coming in for a semester or two last year. However, whether we can attract these students for the two-year full-time course will depend on the kind of job opportunities that the Indian market can provide," said Chatterjee.
IIM-K aims to have at least 10 per cent foreign students in its flagship programme batches in the coming years.
Getting international accreditation and an improvement in the jobmarket scene in India will help attract foreign students to Indian B-schools, industry people said. With this intention, IIM, Calcutta and XLRI, Jamshedpur are already trying to get international accreditation.
According to Anindya Sen, Dean, Academic, IIM-C, the institute has approached the UK-based Association of MBAs (AMBA) and the US-based Association to Advance Collegiate Schools of Business (AACSB) for accreditation. Nearly 80 foreign students came on a global exchange programme to IIM-C this year.
"We are close to getting our accreditation from AMBA and AACSB. Once these are in place, international students will feel more comfortable coming to our institute for the flagship programme," Sen said.
The presence of non-Indian students in the classroom brings in new viewpoints and enhances the quality of interaction among students, said according to an official from XLRI Jamshedpur.
"We are in the process of getting international accreditation by the end of this year. Once this happens, we will reach out to international students. It will be good to have a diverse batch profile in all possible ways," he said.
Internship packages
However, officials admit that tough competition and limited availability of seats will make it difficult to bring in too many international studentsin a batch. "There is so much competition domestically. Under such conditions, if we lay too much stress on international students it might not go down too well with Indian students since we only have a fixed number of seats," Sen said.
Meanwhile, IIM-C is working out alternative plans by providing six-month internship packages for global students to give them a taste of Indian businesses and practice.
Entrance examinations such as CAT and XAT for admission into IIMs or XLRI, respectively, currently cannot be taken by international students.
"We are looking at ways to woo international students by modifying the XAT exam pattern," the XLRI official said.
The top MBA colleges in India are trying to increase the diversity of students on their campus in terms of nationality by looking to attract foreign students for their flagship two-year management programmes.
As per Debasish Chatterjee, Director of the Indian Institute of Management (IIM), Kozhikode, exchange programmes for international students for one or twosemesters began at the IIMs almost a decade ago.
"There has been an increase in the number of foreign students coming to Indian B-schools in the last few years. We had close to 70 students coming in for a semester or two last year. However, whether we can attract these students for the two-year full-time course will depend on the kind of job opportunities that the Indian market can provide," said Chatterjee.
IIM-K aims to have at least 10 per cent foreign students in its flagship programme batches in the coming years.
Getting international accreditation and an improvement in the jobmarket scene in India will help attract foreign students to Indian B-schools, industry people said. With this intention, IIM, Calcutta and XLRI, Jamshedpur are already trying to get international accreditation.
According to Anindya Sen, Dean, Academic, IIM-C, the institute has approached the UK-based Association of MBAs (AMBA) and the US-based Association to Advance Collegiate Schools of Business (AACSB) for accreditation. Nearly 80 foreign students came on a global exchange programme to IIM-C this year.
"We are close to getting our accreditation from AMBA and AACSB. Once these are in place, international students will feel more comfortable coming to our institute for the flagship programme," Sen said.
The presence of non-Indian students in the classroom brings in new viewpoints and enhances the quality of interaction among students, said according to an official from XLRI Jamshedpur.
"We are in the process of getting international accreditation by the end of this year. Once this happens, we will reach out to international students. It will be good to have a diverse batch profile in all possible ways," he said.
Internship packages
However, officials admit that tough competition and limited availability of seats will make it difficult to bring in too many international studentsin a batch. "There is so much competition domestically. Under such conditions, if we lay too much stress on international students it might not go down too well with Indian students since we only have a fixed number of seats," Sen said.
Meanwhile, IIM-C is working out alternative plans by providing six-month internship packages for global students to give them a taste of Indian businesses and practice.
Entrance examinations such as CAT and XAT for admission into IIMs or XLRI, respectively, currently cannot be taken by international students.
"We are looking at ways to woo international students by modifying the XAT exam pattern," the XLRI official said.
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