Babson College, USA to help Pearl Global set up Pearl School for Business Studies in Delhi
Pearl Global, which set up the Pearl Academy of Fashion, has tied up with Babson College, USA to set up a school of business and entrepreneurship in Delhi. The press release (May 05, 2006) has more details.
Babson's provost explains the rationale behind Babson's interest in this partnership with Pearl in a podcast and says there is no strategic intent at this time and that they are only doing it "to help entrepreneurship for the love of the game," as part of their attempt to help small schools with no reputation in starting up entrepreneurship programmes.
Babson has similar relationships in Thailand with Bangkok University, which is looking to start a school of entrepeneruship. Babson is also working with two groups in Japan and exploring possibilities with an Australian university to locate a school of entrepeneurship in Singapore and are also talking to a school in Equador in South America. Babson is looking to develop a consulting relationship, extend the brand and learn more about those countries and bring that back to the Babson curriculum.
Since this is not a full-fledged investment in setting up the institute in India, this presumably won't fall under the category of foreign universities in India.
