GMR Group, a leading infrastructure conglomerate, and the Schulich School of Business of York University, Toronto, Canada, will establish a campus near the Rajiv Gandhi International Airport, Shamshabad. The Union Minister for HRD, Communications and IT, Mr Kapil Sibal, will be the chief guest at the ground-breaking ceremony tomorrow.

The two signed an agreement last month in Toronto to establish GMR campus of Schulich School of Business in Hyderabad.

Schulich's GMR campus will be the first full-fledged campus of a major, top-ranked international business school in the country. The Economist ranked Schulich School of Business the 10{+t}{+h} best business school in the world for their MBA programme, last year, a press release from GMR said.

MBA programme

Schulich School of Business, which is a public, non-profit institution, will initially offer its two-year MBA programme to 120 students at the Hyderabad campus, apart from various executive education programmes for working executives.

Under the agreement, Schulich will develop the learning environment and academic infrastructure, while GMR will provide the land and the physical infrastructure. Subject to approval under the Foreign Educational Institutions Bill currently before the Parliament, admissions will commence in January 2013.

“The GMR Campus of the Schulich School of Business will be a mirror image of Schulich's Toronto campus, with first-rate facilities, international faculty, and an internationally-focused curriculum,” said Schulich Dean, Dr Dezsö J. Horváth.

“GMR will bring its world-class infrastructure development skills to the table, while Schulich School of Business will bring its expertise as one of the world's top-rated MBA and Executive Education providers. The campus in India will provide high quality option for business management education to the best of the Indian and international students, given that the centre of gravity of the world economy has shifted significantly from the west to the east in recent years,” said Mr G.M. Rao, Group Chairman, GMR Group.