Genesis...
India, China and other Asian countries will soon become a part of 'ASEAN Free Trade Area (AFTA)' in the line of 'European Union' and 'North American Free Trade Area'. With the emergence of a strong economy beyond the developed countries, BRIC (Brazil / Russia / India / China) countries are becoming truly globalized today. India is poised to become the center-stage of a global economy.
The close link between matured economies with developing markets is evident from the effects of US Sub-prime crisis across the globe. Asian turmoil of late 90s couldn't touch India as it was insulated from the global system. However, the effect of open economic policies started showing results since the beginning of this century. With liberalization of policies, Retailing, IT Enabled Services, Infrastructure and Services industry has grown manifold. Along with getting access to global opportunities, open policies are bound to get susceptible to global uncertainties and cycles of growth. Recent financial disorder at Indian stock market as an after-effect of US market crisis clearly shows our increasingly becoming a part of the global economic order.
Indian corporate sector is desperately seeking resources trained with problem solving skills for open economic policies, liberal trade regime and global sourcing concepts. Thus, managers who can appreciate the global linkage of domestic product and services are in demand. Unfortunately, apart from top few B-Schools, most of the Indian institutes in management discipline have failed to adapt this market demand.
Management education in India is still more of a conservative, theory based, orthodox academic system - whereas the outside world has changed rapidly. Global business schools have redefined their curriculum - which India is struggling to catch up. Unless India produces such skilled management resource in volume, we shall fail to take advantage of this opportune moment.
In this background, a group of Indian economists and scholar academicians spread across the world joined hands with senior executives of Indian origin to build a Management Institute to nurture Indian talents. The institute is getting increasingly linked with selected MNC's in different domains of business to ensure access to live content.
With a priceless network of talented Indian executives spread across the globe, clubbed with competent Indian academic pool, visiting faculties from Ivy League B-schools, and strong Brand linkages, Unitedworld aspires to become one of the top Indian platforms to learn the global economic order.
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