ISB signs MoU to offer executive education
first such tie-up, the Indian School of Business (ISB), one of the
top B-schools in the world, Friday signed a Memorandum of
Understanding (MoU) with Karachi's Institute of Business
Administration (IBA) to provide executive education in Pakistan. »
Hyderabad: The Indian
School of Business (ISB) Thursday signed a Memorandum of
Understanding (MoU) with the Bahwan CyberTek (BCT) Group of Oman,
to provide executive education courses in the Middle East.
Under the agreement, the Centre for Executive Education (CEE) at
ISB would deliver executive education courses focused at grooming
senior and middle management in the Middle East.
Ramanathan Hariharan, senior director, CEE, ISB, and S.
Durgaprasad, director and CEO, Bahwan CyberTek Group (BCT), signed
the MoU at the ISB campus here.
"There is tremendous focus from various governments in the Middle
East to look beyond oil. They are looking at creating a knowledge
economy. ISB being a leader in executive education, their
knowledge and their experience can come handy to build the
community in that part of the world," Durgaprasad told IANS.
Added Hariharan: "They are trying to create a knowledge-driven
economy which means exposing citizens to new business models, new
BCT, an associate of the Suhail Bahwan Group, one of Oman's
foremost business houses, will focus on industry verticals like
banking, financial services, government, energy utility industry
and infrastructure. The executive education programmes will cater
to both the citizens of Oman and expatriates.
To start with, the programme will be delivered in Oman from
September this year for 50 to 100 people in the first year. BCT
plans to expand this to the UAE, Qatar, Egypt and other countries
in the region.
The MoU with Bahwan comes a few weeks after the ISB signed a
similar agreement with the Institute of Business Administration (IBA),
ISB will focus on the design and delivery of the programmes, which
will be conducted by ISB's globally renowned faculty.
The CEE, which offers open and custom designed programmes, is also
looking at creating case studies relevant to the region.
The programmes will be delivered in Oman. "We are also looking at
options where the students will be exposed to practices not just
in Oman but growing economies like India. So one leg of the
programmes will be in Oman and another possibly in India. Third
leg could be in US, Europe or China," he said.
BCT, an information technology, products and services company,
hopes the spin-off would be multi-fold.
The $110 million company, which operates in four continents and
deliver solutions in 20 countries, expects the ISB programmes
would meet the internal needs of the 1,500-member organization.
"We will definitely lean on their knowledge. If we are able to
contribute to the knowledge economy we stand at a strategic
position of being respected. It will have its impact. The outlook
of people will change towards a more modern management structure,"
BCT, which has its centre of excellence in Chennai, has India as a
hub to create knowledge for its products. It also had offices in
US, Oman, UAE, Egypt, Singapore and Brunei.
BCT, which also works with government of Oman, provides IT, ITes
training to create jobs for people in Oman. It also deliver
payment solution for citizen services in Oman, Dubai and Egypt.
"We have also got contract for spreading digital literacy. We have
trained 13,000 citizens and will be training 30,000 by the end of
the programme," he said.