Chandigarh University has become the first-ever Indian university to start a Harvard University collaborative business management program by signing a Memorandum of Understanding (MoU) with the United States-based university to provide aspiring business students with international exposure and perspective.
Satnam Singh Sandhu, Chandigarh University Chancellor signed the MoU with Kristen Maynard, Managing Director of Business Operations and Strategic Alliances, Harvard Business School (HBS) Online at Harvard University in the presence of Chandigarh University Pro-Chancellor Professor Himani Sood. The MoU aims to foster academic collaboration between the two institutes for the online Master of Business Administration (MBA) program.
The faculty of Harvard University's Business School will be teaching Chandigarh University students for one semester under this online MBA program. Besides this, the same course study material will be provided to the students of CU for that particular semester.
CU students will be graded with Harvard University students and get placements at top global firms as a result of this collaboration while also getting global exposure to Harvard University's real business case studies which will help them understand the intricacies of international business management.
Chandigarh University signed this MoU with Harvard University in line with Prime Minister Narendra Modi's vision to transform the education landscape in India via collaborations with foreign universities under the New Education Policy (NEP).
"The MoU between Harvard Business School (HBS) Online and Chandigarh University is significant for many reasons as it enables us to fulfill the goal of expanding our network of Business School collaborations globally through online education, enabling the dissemination of best practices in business management," says Patrick Mullane, Executive Director of Harvard Business School (HBS) Online.
It is an opportunity for the two institutions to together provide high-quality business education, which helps develop great leaders in the world. And if there is a shortage of anything in the world today, it is the great leaders. Congratulations to students partaking in online business school content and those in regular universities because it offers a valuable opportunity to acquire skills such as case learning and storytelling, empowering them to effectively lead their businesses, organizations, profits, and institutions in India and other parts of the world," he then added.
"Students of Chandigarh University will be taking the same course which all of the Harvard University students take. Before they (Chandigarh University students) start their course of study here, we will be providing them with foundations of business that their further study at Chandigarh University can build on and help them further their business career. As part of the course, we try to bring a global perspective to the topics that they are looking at. So as they are thinking about financial accounting or business analytics, they are not only thinking about the concepts but how they apply to situations across the world in real businesses with real executives who are making decisions. So I think that global perspective is something that your (Chandigarh University) students will very much enjoy and benefit from," says Managing Director of Business Operations and Strategic Alliances, HBS Online, Kristen Maynard.
Chandigarh University Chancellor and Member of Parliament (Rajya Sabha) Satnam Singh Sandhu said, "We are delighted to unveil an innovative collaboration between our esteemed institutions, Chandigarh University and Harvard University, aimed at revolutionizing the MBA landscape. Internationalization of education and providing global exposure to Indian students is an important feature of the New Education Policy. So this collaboration with Harvard University is a step in that direction."
"This unique partnership, between Chandigarh University and Harvard University brings together the expertise, resources, and perspectives of two renowned institutions to offer a transformative online MBA program. Through a blend of cutting-edge curriculum, renowned faculty, and global networking opportunities, this collaboration will empower aspiring business leaders with the skills and insights needed to thrive in today's dynamic world. Together, we are committed to delivering a world-class educational experience that prepares our graduates to lead with integrity, innovation, and impact in the ever-evolving business landscape," Sandhu said.
Expressing excitement about the partnership between Chandigarh University and HSB Online, Managing Director of Content Production HBS Online, Marie Clark said, "This unique collaboration will offer world-class online courses curated by HBS faculty and providing top-tier learning experiences to students, leading to their career acceleration. The data of the past participants has shown that students accelerated in their promotional trajectory and pay increases, compared to those who have taken courses from other online platforms or institutions. Students will take courses from HBS faculty and connect to a global community of online participants and exclusive networking opportunities worldwide that other platforms and institutes do not have access to. HBS Online education is recognized across the globe, and students having taken these courses will not only succeed in their careers but also stand apart from other candidates."
"HBS Online is globally recognized for its academic excellence by top global firms such as Starbucks, PwC, and innovative startups worldwide, and has strong connections with industry giants like Google, Microsoft, and Uber. The students can immediately apply their learning and skills to various industries. The most unique feature of these courses lies in our collaboration not only with faculty but also with cases across the world – featuring real-world protagonists including those from India – highlights cutting-edge technology and industry leadership, guiding global progress in 10 years ahead," Clark added.
This collaboration between Chandigarh University and Harvard University marks a significant milestone in the academic world as both universities are among the top-ranked educational institutions in the world. While Harvard University is ranked No.4 in the QS World University Rankings 2024, Chandigarh University secured the No. 1 position among all the private universities in India in the QS Asia University Rankings 2024.
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