The 70-acre Mohali campus of the Hyderabad-based Indian School of Business was inaugurated by the Finance Minister, P. Chidambaram, on Sunday.
On the occasion, Chidambaram called upon students to serve India. An ISB release quoted Chidambaram as saying: “There will be a temptation to take a job in another part of the world. Seize the opportunity -- but please remember, there's no other place in the world that can challenge you like India. The greatest challenge is building India.”
In a ligher vein, he said: “I would love to have the chance to audit a lecture at ISB. And if you invite me to teach, I can teach you how to make mistakes.”
The Punjab Chief Minister, Parkash Singh Badal, said: “ISB has been one of the most successful models of public-private partnerships in Punjab. I hope that ISB would be the new trendsetter and continues to invest its human resource to become a school at par with the best of global business schools.”
Adi Godrej, Chairman, ISB, who was present on the occasion, said: “Our expansion into Mohali, allowing for a greater geographic outreach apart, has given us an opportunity to foray into important new areas – manufacturing, healthcare, infrastructure and public policy.”
Among the others who attended the inaugural function were the founding board members of ISB’s Mohali campus, Analjit Singh, Rakesh Bharti Mittal, Sunil Kant Munjal and Atul Punj.
Savita Mahajan, Deputy Dean, ISB Mohali, said, “We are committed to ensuring that both our campuses (Hyderabad and Mohali) are well integrated and students have the same ISB experience across both campuses…. We also follow an integrated admissions and placements process for our students.”
The Mohali campus will further ISB’s focus on strengthening research and has four institutes focusing on critical areas - Bharti Institute of Public Policy, Max Institute of Healthcare Management, Munjal Global Manufacturing Institute and Punj Lloyd Institute of Physical Infrastructure Management.
The school has also established academic associations with MIT Sloan School of Management to support the institutes in Manufacturing Excellence and Physical Infrastructure Management and The Fletcher School at Tufts University for Public Policy. Meanwhile, The Wharton School has extended its support for the institute in Healthcare Management, the ISB release added.