Schulich announces plans to expand to India

York’s Schulich School of Business is planning a new addition to its global family. The business school announced yesterday that it plans to expand its global network of satellite recruiting and executive education centres to Mumbai, India’s financial capital (formerly Bombay). Schulich currently operates two satellite recruiting and executive education centres – the Beijing Centre in China and the Corporate Governance Centre in Moscow, Russia.

Left: The Stock Exchange in Mumbai, India

Schulich’s Mumbai Centre will recruit talented students to the school’s undergraduate (BBA) and graduate programs. The centre will also support Schulich’s alumni chapters in India and provide executive and leadership development programs for Indian executives. Further, it will assist Schulich’s students and alumni in career planning and business opportunities in India.

The official announcement will be made by Schulich Dean Dezsö J. Horváth on Friday, April 15, during an evening event in Mumbai, titled “Experience Schulich”. Oscar Fernandes, India’s union minister for statistics and program implementation, will be the featured guest speaker.

“This is the era of the transnational business school,” said Horváth. “To be truly global, a business school must have a global reach. Now, we are further extending the global footprint of the Schulich school into a major market of the world.”

Right: Dezsö J. Horváth

The commercial hub of India, Mumbai is home to the Reserve Bank of India, the Bombay Stock Exchange and the corporate headquarters of many Indian companies. Owing to the immense business opportunities available in Mumbai and relatively high standard of living, it has attracted migrants from all over India and South Asia. Located within Mumbai is Bollywood, the epicentre of the country’s Hindi film and television industry, producing the world’s highest number of films annually. Far from the days when the city depended on textile mills and the seaport for much of its prosperity, it now features industries employing more skilled labour, such as engineering, diamond polishing, healthcare and information technology. The rising middle class, and an ever-expanding executive class, will provide a wealth of candidates for Schulich.