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What should be the Role of a Faculty in a Good Business School?

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Like any industry, a good business school is also an intricate setup, where there are hundreds of professionals working vigorously to keep the institution running which may include the director, advisers, counsellors, accountants, administrators, librarians and many more professionals who work for the betterment of the institution.  The faculty is no exception. Faculty help keeps the institution running not only by teaching the students, but also by acting as policy-makers and innovators, contributing to various workloads like approving new curriculum, developing new programs, managing student grievances, and ensuring the excellent educational experience for every student.

Faculty in a Good Business School

Students see professors in the college every day and hopefully, take advantage of their vast knowledge and experience. However, professors have a hectic schedule outside of the time they’re teaching. The professors spend their time not only preparing for classes, grading the students, checking assignments or mentoring students, but also on producing original research work and contributing to the institution and academic industry as a whole.  Many of the professors and faculty members are actively involved in research projects and creative work. Research, here, is referred to the way with which we create new knowledge; it’s how we scrutinize the world around us and construct on what the world already knows.

The professors are expected to be constantly engaged in research or creative activity that propels the knowledge of the world and our place in it. Professors and faculty members are also very busy behind the scenes writing papers, articles, and books; conducting experiments; preparing exhibitions; doing fieldwork; and a variety of other activities that help advance knowledge and contribute to the greater good of the public.

In an era where a plethora of information is freely accessible through the internet, the teaching methodology should result in a progressive adaptation of the teacher’s role, and focus less on the transmission of knowledge, and more on how to do use that knowledge. When students are taking a class from a faculty, they should be assured that their teaching is influenced by research and creative work.  At any good business school, teaching and research gels together, complementing and abetting each other in an integral manner.

Good-Business-School

IIM-A is India’s No.1 Business School and Faculty Play a Vital Role is Shaping the Lives and Careers of Students

It is predominantly relevant in management programmes where faculty uses innovative teaching methodologies to provide students with the skills required to succeed in the professional front. Students realize the importance of “face to face” atmosphere for understanding about negotiation, presentation, teamwork, and leadership skills which are a crucial part of any management programme.

Business schools use a variety of teaching techniques like simulations, case studies, debates, games, and role plays, besides providing industrial visits and consultancy work for students. Advances in technology unquestionably facilitate these teaching methods, but the role of the competent faculty remains absolutely crucial.

The research professors and member of faculty pursue the innovative breakthroughs, which they accomplish to augment a student learning experience in the classroom.

Professors are dynamic contributors outside of the institution as well.  They may be editing academic journals, organizing regional, national, or international seminars and conferences, serving as mentors to other scholars or PhD students, editing or authoring a textbook which students use in their courses every day.  Many professors also have research partnerships with professors around the world, while some partner with corporates or government bodies for consulting projects. In the classrooms, faculty guide many students from all over the country in case study discussions, live projects that challenge, instigate, and motivate the students. Under proficient faculty guidance, classrooms become cauldrons for leadership where students test their pragmatism, explore difficult ideas, reflect on their leadership abilities, and embrace new means for successful business management.

High expectations demand extraordinary commitment. For every hour of class time, a good business school faculty dedicates many hours of groundwork that includes individual case review, penning notes and teaching plans, preparing the presentations, and collective analysis amongst fellow faculty members. However, teaching student’s takes the top most priority over any other obligation including research, consulting or any another administrative duty. Faculty commitment is motivated by its reward: an exciting, animated classroom that’s considerately designed, yet open to a plethora of insights and interpretation.

The faculty at a good business school is a pioneer in the study of evolving organizations and industries; they are leaders who have managed prestigious organizations; they are entrepreneurs whose creativity has generated massive opportunities for others and above all, they are mentors who transform students into professionals, proficient in managing and leading organizations.

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Abrupt Changes To US Student Visa Rules To Dramatically Impact Indian, Chinese Students

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Unexpected changes to foreign student visa rules by US administration has destroyed the ambitions of more than a million international students, primarily from China and India, that are presently enrolled in various US institutions.

COVID-19 Exposes India, Philippines To Higher Risk Of Cancer; Australia, Malaysia Safest – Index

The US Immigration and Customs Enforcement (ICE) on Monday stated that it would block the visa of foreign students whose entire courses have moved online die to COVID-19, with experts calling the move “xenophobic” and part of Donald Trump’s harsh immigration policy.

The directive by US Immigration and Customs Enforcement’s Student and Exchange Visitor Program is likely to impact hundreds of thousands of students, particularly from India, China and other Asian nations who would either have to leave the US or face eviction.

Universities in the US were forced to shift classes online in mid-March post the outbreak of COVID-19 pandemic. The United States is the hardest hit by the pandemic with more than three million confirmed cases.

Two top US universities – Harvard and MIT –  recently filed a lawsuit seeking to revoke the order by the Trump administration. “We will pursue this case vigorously so that our international students – and international students at institutions across the country – can continue their studies without the threat of deportation,” Harvard’s president Lawrence S Bacow said in a statement.

“We believe that the ICE order is bad public policy, and we believe that it is illegal,” he added.

Some other leading universities, including Princeton, Stanford University, California Institute of Technology and Cornell have announced their support for the lawsuit by Harvard and MIT. Brown University issued a statement calling the new immigration order as “nothing short of cruel” and “a direct threat to public health”.

The US government justified the new orders. “You don’t get a visa for taking online classes from, let’s say, the University of Phoenix, so why would you if you were just taking online classes generally?” White House Press Secretary Kayleigh McEnany said during a press briefing.

But critics have criticized Donald Trump’s new student visa rules. “The cruelty of this White House knows no bounds. Foreign students are being threatened with a choice: risk your life going to class in-person or get deported,” said Senator Bernie Sanders. “We must stand up to Trump’s bigotry. We must keep all our students safe.”

The restraint on students’ visa is being seen by critics as an attempt by the Trump administration to compel US institutions to resume classes and business. “This is to strong-arm universities and colleges to buy into that narrative which the Trump administration is trying to sell that everything is fine.”

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US Group donates books to Ilocos Norte State University, Philippines: PNA

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The San Diego County Metropolitan Lions Club (SDC-MLC) in San Diego, California donated on Monday a total of 364 books of various titles to the Mariano Marcos State University (MMSU) here to be used by its students and the Department of Education (DepEd).

The books were received by the University Library System (ULS) through a shipment package sent by Leo and Norma Sicat, president and Lion Tamer of SDC-MLC, respectively.

The package consisted of five titles in Geometry, Algebra 1 and 2, Milestones, Milestone Workbook, Milestone Teacher Education, Great Expectation, George Washington, Tale of Two Cities, Eleanor Roosevelt, The Meeting on Board HMS Bounty, The Three Musketeers, The Prince and the Pauper, Clara Barton, and The Man in the Iron Mask.

MMSU President Shirley C. Agrupis said that while the university took custody of the hard-bound donations, it will also donate some of these to the DepEd-Division Office in the City of Batac.

MMSU-ULS director Eliza Villarin said some of the books will be distributed to the MMSU main library and its satellite libraries in Laoag City, various high school campus libraries, and college reading centers.

Villarin said organizations and agencies that donate books to the university are considered as library friends because they help the university strengthen its collection of information resources for its students.

The book donation was the result of a tie-up between MMSU and the SDC-MLC in July 2019 through a signed memorandum of understanding which stipulates that the SDC-MLC will help augment the university’s learning resources and support its internationalization programs.

The MMSU and SDC-MLC also agreed to conduct humanitarian medical, dental and optical missions in various communities, and enhance the extension service competencies of MMSU’s faculty and staff.

Philippines News Agency

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Jio Institute – Mukesh Ambani’s ‘Institute of Eminence’ To Revolutionize Indian Education System

Jio Institute, which will be located in Navi Mumbai was to hire university staff and complete the academic curriculum by October this year, however, experts believe that things might get delayed due to coronavirus

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Jio Insitute, Mukesh Ambani’s ambitious institute for reshaping the Indian education system is expected to commence operation in 2021. Will the ‘Institute of Eminence’ – Jio Institute get impacted by Covid-19 is uncertain for now.

Jio Institute – Overview

The Shailesh Kumar led Jio Insitute will start its academic session in 2021. Numerous undergraduate courses will on offer including courses in emerging technologies like artificial intelligence, data sciences machine learning, digital media and marketing.

It is also expected that Mulhern of Northwestern University will be facilitating the Marketing Communication program while Kumar would teach Artificial Intelligence courses. The modern Jio Digital Library project will be headed by Keller from Stanford.

Jio Institute of Eminence

Jio institute has also set up a seven-member global advisory board. According to media reports, the board will consist of Jean-Lou Chameau, president emeritus of California Institute of Technology (Caltech); Michael Keller, vice provost of Stanford University; Rick Levin, former president of Yale University; Subra Suresh, president of Singapore’s Nanyang Technology University. Nadhmi A Al-Nasr, CEO of Saudi Arabia’s futuristic habitat project NEOM; Frank J Mulhem and Vinayak P Dravis of Northwestern University.

Mukesh Ambani, his wife Nita and daughter Isha will also be on the advisory board. The institute is one of the institutes in the country to be awarded the tag of ‘eminence’ by the Human Resource Ministry even before its completions.

Experts at EurAsian Times believe that the tag of ‘eminence’ was given due to the future prospects of the Institute. As of August 2019, ten institutions have been selected by the Institutes of Eminence, which includes Banaras Hindu Univesity, Indian Institute of Science, Indian Institute of Technology (IIT) Bombay, IIT Delhi, IIT Kharagpur, IIT Madras, University of Delhi, University of Hyderabad, Anna University and Jadavpur University.

Jio Institute Location & Key Details

Jio Institute, which will be located in Navi Mumbai was to hire university staff and complete the academic curriculum by October this year, however, experts believe that things might get delayed.

Students at Jio institute would not only get an opportunity to study at the sprawling 800 acres campus in Navi Mumbai but could also be taught by professors from prominent universities across the world.

The advance studies at the institute will also provide merit-based scholarships worth 38 crores during the first academic year.

Mukesh Ambani aims to make Jio University ranked in top 500 on Times Higher Education and QS World University Rankings. To achieve this feat Jio Institute is in talks universities like Massachusetts Institute of Technology (MIT) Stanford University, Northwestern University and Nanyang Technological University and aims to recruit expert faculty and mentors for the institute.

Reliance Jio and the Telecom Revolution

Reliance Jio Infocomm Ltd popularly known as Jio in India is a mobile network operator owned by Reliance industries. Jio was the brainchild of Mukesh Ambani and was launched in 2015 in honour of the 83rd birth anniversary of Dhirubhai Ambani, the founder of Reliance Industries.

Since its launch, the network has become immensely popular with Indians as it made internet accessible and affordable. The introduction of Jio revolutionised the telecom industry and made 4G data available pan-India at the lowest rate in the world. Jio Platforms compares with large global digital ecosystem platforms that are largely debt-free like Alphabet, Tencent and Alibaba.

Success at home has caught the eye of investors abroad. With 5 confirmed deals in May and another investment incoming, Jio is now valued at over $65 billion. The investors, all based in the US, include social media giant Facebook, private equity firm Silver Lake, Global investment company Vista, American private equity firm General Atlantic and US-based private equity company KKR.

Collectively, all the deals are worth $10.3 billion or Rs 78,562 crore, which RIL plans to use in order to pay off $44 billion worth of its debt.

Microsoft, the tech giant founded by Bill Gates, is also in talks with Jio to purchase a 2.5% stake at the cost of $2 billion. Abu Dhabi state fund Mubadala, another investment company, is also in talks to invest about $1 billion in Jio platforms.

Within a short span, Mukesh Ambani and Jio have achieved what other companies have not been able to for decades. With the establishment of Jio Institute, India’s most influential businessman has ensured that the company he birthed would be looked after by Jio’s very own.

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