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NovDec2011

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TOUGH ROOM accepted the first class to its new 18-month post-graduate program in management for senior execu- tives, ISB's equivalent to an execu- tive EMBA. And like Wharton with its San Francisco campus, ISB is ready to make its next big move. In 2012, it will open a second campus 1,800 ISB's home campus in Hyderabad miles from Hyderabad in Mohali, a city of more than 120,000 people in northern India. The Mohali campus will house four institutes focused on issues important to India's develop- ment: the Bharti Institute of Public Policy, the Max Institute of Health- care Management, the Munjal Global Manufacturing Institute, and the Punj Lloyd Institute of Physical Infrastructure Management. Rangnekar hopes that, with its two campuses, ISB will find its next five-year phase is defined by the impact it makes on its stu- dents, industry, and the academic community. He also hopes to see the school strengthen its role as a resource for those interested in emerging economies such as India. Rangnekar especially wants ISB's graduates to solve the many social problems that India now faces. "We want to make an impact on the gov- ernment's effort to improve the liv- ing standards of the people, as well as society itself, as it grapples with social inequity. The next generation of business schools should trans- form not just the lives of students, not just industry, but the society that we live in. I envision ISB play- ing its part in this transformation, as a change agent, not just in India, but all over the world." BizEd November/December 2011 51

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