Top business minds from around the country commit INR 300 Cr to build a unique business school

At a time when the economy is going through a global slowdown in the times of COVID-19, it is a technological innovation that will keep the world running. As a sector that is seeing growth even in these times, it is a technology that shall help recovery and bring the world back on track and fight the challenges ahead. All the more reason why there is an urgent need to harvest young minds that are duly trained in their fields and have an in-depth knowledge of their subject matter.

A group of leading business stalwarts, top academics, and senior bureaucrats have announced that they will invest INR 300 Cr over the next 2-3 years to set up one such institute that shall focus on technology to create the next-gen of business professionals for a digitized economy. The Masters’ Union School of Business will have a distinguished faculty that will include Arun Maira (Former Chairman, Boston Consulting Group), Mukund Rajan (Former MD, Tata Teleservices Limited, Karthik Ramanna (Director, University of Oxford), Narendra Jadhav (Member of Parliament, Rajya Sabha and Former Chief Economist, RBI), Tathagata Dasgupta (Chief Data Scientist, Viacom) and Bhaskar Chakravorti (Former Professor, Harvard Business School, and Former Partner, McKinsey & Company).

Coming up in Cybercity, Gurugram, this institution will tap its geographical advantage to build an industry connect with the 600 MNCs that are based in the SEZ. Its flagship PGP-TBM program is uniquely designed to ensure hands-on learning using live consulting projects, field tours, and internships. In addition to that, the Masters’ Union will also conduct tech boot camps in artificial intelligence, blockchain, SAAS, and cybersecurity, etc. Unique industry concentrations - PE/VC, Digital and eCommerce, Technology, Product and Project Management, and Banking to name a few - that is at the cross-section of technology and business model disruption, shall also be offered so that students can get nuanced expertise as per the current industry trends.

The institute also plans to establish a unique student-run venture fund with a corpus of Rs. 5 Crores that will invest in areas like startups, real estate, and capital markets. It’s Centre for New Business Models, a research-based forum, will formulate business opportunities in newer technologies like blockchain, bio-tech, and machine learning. Additionally, Masters’ Union will run a CXO shadow programme that shall enable students to have a first-hand look at the day of a CXO to experience how organizations are run and business decisions are made