Parekh inaugurates MYRA School of Business Mysore campus | 05Nov, 2012 1025 hrs IST

HDFC chairman Dr Deepak Parekh has inaugurated a new research-focused B-school, MYRA School of Business, in Mysore on November 4.
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Located on a 10-acre campus in Mysore, the new B-school aims to develop global competence in business education in India.
HDFC chairman Dr Deepak Parekh has inaugurated a new research-focused B-school, MYRA School of Business, in Mysore on November 4.  Located on a 10-acre campus, the new B-school aims to develop global competence in business education in India.

Speaking at the inaugural ceremony, Dr Deepak Parekh, chairman, HDFC, said: “During the past 20 years, we have seen entrepreneurial ventures showing a new landscape of development globally. The highlighting point is the importance of ethics, integrity, honesty and transparency which are pillars for success, and I hope Myra inculcates this in their curriculum and develop entrepreneurs.”

The guest of honor, Mr Sunil Sharma, director, IMF Regional Training Institute, Singapore, said, “Public and private partnership is the call for the day. Corporates are no longer dependant on overstretched governments to solve problems. They are coming forward to design innovative solutions and find answers. It implies the breakdown of academic silos -- combined technical knowledge and fostering social entrepreneurship -- and I am confident that Myra School of Business will imbibe the entrepreneurial spirit and this much need entrepreneurial spirit in its student community.”

MYRA is set up by a group of eminent academicians led by Prof Shalini Urs, an internationally recognized information scientist, a Fulbright scholar, and founder and executive director, International School of Information Management, and Prof Shrijay Devaraj Urs, veteran academician, UNDP consultant, and educational administrator and professor at Institute of Development Studies, University of Mysore, with over three and a half decades of experience. The B-School is guided by an eminent ‘governing board’ comprising global industry experts and academicians like Mr. Arjun Malhotra, CEO & chairman of Headstrong Corporation, Mr Andrew Atzert, COO, Aresty Institute of Executive Education, Wharton School University of Pennsylvania, Mr. Sunil Sharma, director of International Monetary Fund (IMF) Regional Training Institute, Prof Noshir Contractor, Kellogg School of Business, and Mr Tony Kirton, CEO & partner, Nuerozone CC Cape Town, among others. The team of faculty members comprises a distinguished group of globally renowned professors from prestigious universities across the US and Europe.

Commenting about her brainchild, Prof Shalini Urs, chairperson and founder, Mysore Royal Academy (MYRA), said, “The inauguration of the campus today is the culmination of a shared vision. It is an important milestone in our path towards establishing MYRA School of Business as one of India’s premier business schools.”

The dean of MYRA, Prof Rajiv K Sinha, is the professor of marketing and the Lonnie Ostrom Chair in business at the W P Carey School of Business, Arizona State University. Prof. Sinha is the recipient of the W P Carey Outstanding Researcher Award (2011) and the James W. Creasman Award for Excellence (2009), a quadrennial award given for outstanding contributions to Arizona State University and the community. 

Commenting on his association, Prof Sinha said, “With the inauguration of the campus, MYRA School of Business is now ready to welcome its first batch of students. We have carefully handpicked our faculty from around the world, and designed a highly effective research-based curriculum to ensure our students are fully equipped to take on the challenges of business and industry.”

According to the institute, it has established relationships with over 25 leading corporate houses in India. MYRA School of Business has also partnered with WP Carey School of Business of Arizona State University, ranked No 1 for research productivity in high impact business journals (Technovation Jan 2012), to offer ‘executive management programs’ for working professionals at its campus in Mysore, India. The new B-school has also entered into a partnership with CATÓLICA-LISBON School of Business and Economics.

The B-school offers courses like PGDM (two years) and PGPX (one year). The school has put in place a rigorous selection process, which entails selecting candidates who have a minimum of two years of professional experience, a strong academic background and an above average score in the MBA entrance exams. The admissions for the first batch are set to commence from July 2013.

Renowned industry veterans, leading corporate citizens and academic experts from various parts of the country were present during the inauguration. 

Stay tuned to for more news and updates on B-schools in India.

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