A new wave India-US partnership

A group of international executives are ready to begin as
the inaugural batch of the Indian Institute of Technology Bombay (IIT Bombay)
and Washington University in St. Louis (WUSTL) joint Executive MBA degree
program.

An intensive residency focusing on leadership and management
began on Wednesday, April 22, 2015 in Mumbai.

“This is an impressive group of our future business
leaders,” says Prof. S. Bhargava, Ph.D., head of IIT Bombay’s Shailesh J. Mehta
School of Management. “From information technology to manufacturing to finance,
these students will bring a depth of experience from a diverse set of
industries to march ahead towards preparing themselves as the global leaders.”

The first batch consists of executives approximately with an
average of 16 years of professional experience. There are 11 industries represented
– both Indian and multinational companies

 “Olin brings over
three decades of rich experience offering Executive MBA training to this
exciting joint program,” said Mahendra R. Gupta, PhD, dean of the Olin Business
School. “These students will be an important part of our robust international
Executive MBA network in India, the United States and China. We look forward to
watching this class apply the knowledge they are gaining from this world-class
program to their companies in real time.” The course lays the foundation for
the program to develop leaders who can have a strategic impact in their
companies.

A number of companies are taking advantage of this new
program by sending key members of their team. The companies have even funded
this for their employees.

WUSTL EMBA alum Rohit Sirur, proprietor at Ashtavinayak
Farms/Ashtavinayak Foods in Pune, India, said that the IIT Bombay-WUSTL program
will provide a fantastic opportunity for already successful Indian executives
and organizations to reinvest in themselves and their top performers.

The IIT Bombay-WUSTL program is the world’s first to confer
an EMBA degree from both an Indian and an American university and is modelled
after WUSTL’s highly ranked Executive MBA programme in the United States and China.

Faculty from IIT Bombay’s Shailesh J. Mehta School of
Management and WUSTL’s Olin Business School will teach the EMBA courses.
Program curriculum is rooted in leadership development and innovation,
including theoretical and practical training. Local perspectives on India’s
rapidly developing economy will be addressed throughout the course.

IIT Bombay and Washington University have worked together
since 2009 in designing this course. The institutions are members of the
McDonnell Academy Global Energy and Environment Partnership, a consortium of
sustainability-minded universities and corporations; the McDonnell
International Scholars Academy; and the WUSTL- IIT Bombay Corporate Alliance,
an affiliation that develops the next generation of global leaders. Their rich
partnership history facilitates the collaborative delivery of this latest
venture.

Students will graduate with an Executive MBA degree from IIT
Bombay and Washington University. The 18-month program uses a proven model for
working professionals, with classes offered four days per month in Mumbai. The
program ends with a two-week capstone experience at Washington University.

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