MUMBAI: At a time when the spirit of entrepreneurship is fuelling the India growth story, spawning a multitude of red-hot startups, creating enormous wealth for young and daring businessmen, and turning campuses into virtual incubators, The Times of India Group-promoted Bennett University has tied up with Babson Global, a wholly owned subsidiary of Babson College, Massachusetts, US, to offer programs for Indian students and entrepreneurs.
Babson, known globally for its entrepreneurship programs, will assist Bennett in curriculum and faculty development.
The Financial Times recently named Babson’s the No. 1 MBA program worldwide for the study of entrepreneurship. The college’s entrepreneurship program has also been ranked No. 1 by US News & World Report for 15 straight years, from 1999 to 2014 (as well as in 1995 and 1996). In addition, Babson has been named the Best College in the US by Money magazine.
The alliance was announced here on Monday by Kerry Healey, president of Babson College, and Vineet Jain, managing director of the Times Group and a trustee of Bennett University. “Babson Global is pleased and proud to welcome Bennett University as the newest member in the GCEE (Global Consortium for Entrepreneurship Educators), an international alliance designed to expand the reach and impact of entrepreneurship education,” said Healey.
Jain said, “Bennett University is envisioned as a multi-disciplinary research-driven university that aims to provide a high-quality well-rounded academic experience to Indian students, on par with the best institutions globally.”
“With a desire to benchmark ourselves with the best globally and to offer the best to our students, we have agreed to work together with the world leader in entrepreneurship education for setting up a centre of excellence for curriculum development and faculty training,” Jain said in the presence of Trishla Jain, also a trustee of Bennett University; Shrijeet Mishra, CEO-Education, Times Group; and Yaj Medury, vice-chancellor-designate of Bennett University.
The Times Group MD also announced plans to set up an incubation centre at the university to support budding entrepreneurs.
Healey said, “Entrepreneurship will be infused in curriculum across disciplines including media, design, law, and not just restricted to business.” Babson would also explore other areas of collaboration including students’ exchange and faculty training programs, she added.
UP CM Akhilesh Yadav congratulated Bennett University for the tie-up with Babson College. “Indian entrepreneurs have succeeded the world over and we are proud of the fact that many of them started from Uttar Pradesh. This tie-up will benefit many more in the future and will bring laurels to our state and result in more employment opportunities,” he said.
The multi-faculty research-led Bennett University will begin operations from July 2016. In the first phase, undergraduate programs such as BTech, BBA will be offered along with post-graduate courses in business and journalism. At full strength, which is likely by 2023, the state-of-the-art campus located in Greater Noida will accommodate more than 10,000 students.