ISB Hyderabad conducts programme on women entrepreneurs

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MBAUniverse.com News Desk |
July 26, 2016
The Centre for Executive Education, Indian School of Business (ISB) Hyderabad in partnership with the Goldman Sachs Group has conceptualised and conducted a short-term programmes for financially weak women without a formal business education.

According to ISB, the ‘10,000 Women’ - the first 12-week certification programme, comprised of 150-hours was held between October 30, 2008 to January 31, 2009. The programme was aimed to provide 10,000 underserved women, predominantly in developing and emerging markets, with a business and management education.

The first batch of graduates of this 150 hour certificate programme in entrepreneurship went through classroom instructions at the ISB, followed by mentoring and on-the job support. Graduating students met with leaders from Goldman Sachs and the ISB, and presented business plans developed through their coursework.
The programme was sponsored by the Goldman Sachs Group., in which 29 women participated. The first batch was graduated in the first week of February, 2009.

According to Prof Kavil Ramachandran, Professor and Associate Dean, Academic Programmes, ISB, said: "There are women who have the potential to grow, but lack the means. The initiative has been launched to create managerial capabilities, support and empower women entrepreneurs. Women are usually better managers as they understand reality, respond well to challenges and the general tendency of women entrepreneurs is to employ more women."

‘It is very important for B-schools to take on the responsibility of breaking traditional barriers and mind-sets and provide opportunities for women to utilize their entrepreneurial talents. I am very hopeful that this program will help us to support women to recognize their leadership potential and make an impact on society," says Deepak Chandra, Associate Dean, Executive Education.

 According to ISB, Expanding the entrepreneurial talent and managerial pool in developing and emerging economies – especially among women – is one of the most important means to reducing inequality and ensuring more shared economic growth. A critical – yet often overlooked – condition for reducing inequality and ensuring that the benefits of globalization are more widely spread is a robust and growing class of entrepreneurs, managers and financial leaders in developing countries – especially one that promotes opportunities for women.
 
 According to ISB, over the five years, programme the ISB will train 300 women in select cities throughout India. The ISB programme will provide classroom instruction, mentoring, networking, case study discussions etc.