NEW-AGE B-SCHOOLS

BUSINESS SCHOOLS IN INDIA ARE REINVENTING THEMSELVES THROUGH ONLINE COURSES AND DOMESTIC CAMPUSES OF GLOBAL SCHOOLS.

- ANUP JAYARAM

THE PAST THREE years have not been easy for India's B-schools. The Great Resignation, which followed Covid, ended in 2022, leading to an air of caution and uncertainty. And if that was not enough, start-up employees faced mass layoffs, while founders were hit by the funding winter, as the focus shifted to running profitable enterprises rather than loss-making companies with sky-high valuations.

But setting aside the setback, India's higher education ecosystem has started evolving. The big visible change has come from the University Grants Commission (UGC), which has introduced regulations for setting up and operating satellite campuses of foreign higher educational institutions in the country. It is still early days, but global universities are looking to tap the potential of India's youth.