Construction work began this week on a new 70-acre campus for the Indian School of Business in Mohali, Punjab, the Financial Times reported.
The campus, the school’s second, will enroll 200 students when completed in spring of 2012. ISB’s first campus was established in Hyderabad in 1999 with the help of top international business schools including the University of Pennsylvania’s Wharton School, Northwestern University’s Kellogg School of Management and London Business School.
A number of ISB’s initial investors have contributed an additional $42.9 million (2bn rupees) for construction of the new campus in Mohali. It will be home to four separate institutes focused on healthcare management, public policy, manufacturing excellence and innovation and physical infrastructure management, according to the FT report.
MIT Sloan School of Management will provide academic support to two of the institutes, the BML Munjal Hero Honda Institute of Manufacturing Excellence and the Punj Lloyd Institute of Physical Infrastructure Management. Wharton, meanwhile, will support the Max India Institute of Healthcare Management. An academic association for the Bharti Institute of Public Policy is still being finalized.
Savita Mahajan, who is deputy dean of ISB, will serve as chief executive of the Mohali campus, the FT reports.
For the full FT article, click here.
