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Schulich begins work with First International Business School Campus in India

July 20, 11 by Bharani

The canadian based York University’s Schulich School of Business will become the first International Business School to have full-fledged campus in India. Schulich Business School has partnered with GMR Infrastructure to setup the campus in Hyderabad. GMR group will provide the land, build the infrastructure and take care of the logistics. Schulich will provide the academic infrastructure and the learning environment. The Campus is being developed inside GMR’s Aerotropolis on a 15 acres land. The Campus will be operational by 2013 and a group of 110 MBA students will form the first batch. The application procedures remain the same with GMAT, work experience, work references, personal interview and application essays as the evaluation criteria.

Last week, GMR group and Schulich school did the ground-breaking ceremony. The construction work will begin very shortly. Some of the stats shared by the Canadian commissioner and Dean of Schulich business school during this occasion was interesting. According to them:

* Canada produces 8,000 MBAs a year and its a saturated market. On contrary, India produces just 5,000 MBAs a year while the demand is for 110,000 MBAs a year. There’s undoubtedly a huge gap!
* Schulich Business School is already approved by AICTE.
* 35-40% of students who will study in the hyderabad campus will be international students from Germany, Russia, Africa, Canada and America.
* Schulich Plans to offer international placements for the students graduating from Indian campus. That’s the main goal – to be a global school with global outreach.
* Tuition Fee would be same as that charged in toronto campus – $30,000/year – works out to around 13.5 lakhs/year and lets assume 15 lakhs/year if you include additional expenses. Also remember this is a 2 year program so the total cost of education will be 30 lakhs (and upwards)

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