Improving faculty quality is a never-ending process

Written by Kirtika Suneja | Updated: Mar 12 2012, 08:20am hrs
Mukul P Gupta recently took over as director at the Gurgaon-based Management Development Institute (MDI) and, besides faculty development, he is also focused on developing the institutes new campus at Murshidabad, West Bengal. He shares with Kirtika Suneja of The Financial Express his vision for the institute and how he plans to implement it.

What are your priorities as the new director of MDI Gurgaon

Priorities exist on multiple fronts. Innovation in curriculum is one of the key areas. Innovation is imperative to develop a better connect between curriculum and practice. MDI also plans to augment global networking. This will promote additional interactions with overseas partners, ensuring students and faculty exchange more notes and ideas with global peers. Apart from broad-basing knowledge levels of MDI stakeholders, it would bring them up to speed on international news and views.

With faculty being a focus area, how do you plan to improve its quality

Improving the quality of faculty is an ongoing, never-ending process. One of the prime tools to achieve this would be by investing in capacity building, inducting fresh blood and developing our own people. Faculty exchange programmes with our overseas partners would also help in raising the bar.

What about new programmes

This is a need-based issue. Depending on demand equations, we evaluate and renew programmes annually. Currently, sectoral programmes are being proposed at Murshidabad. The plan is to address native needs while harnessing local potential. Gurgaon is also on the agenda for the same. As per industry demand, we will revamp and reorient some of the existing programmes.

Management education has become synonymous with MNC placements and gateway to high salaries. What is your view on the same

This is not a cause of worry at present. Since MNC hiring is for multiple global locations, high salaries are based on the cost of living in those locations. Moreover, this should no longer be perceived as brain drain. They are not hiring at the cost of local companies or local employees. The other point I would like to stress is that many Indian companies are today at par with global peers. It does not make much difference to opt for Indian entities in some verticals if they offer better opportunities.

What about collaborations

We are open to collaborating with foreign universities if such tie-ups are mutually beneficial. As recently as the second half of February 2012 we inked a collaboration with Richard Ivey School of Business, Canada, to develop India-focused business case studies. Such publications will benefit students immensely. The association will reinforce the complementary strengths of both institutes.

Whats the news from Murshidabad

Construction work at the 15-acre Murshidabad campus is under way. As a completely integrated complex, the aim is to have this campus developed as a centre of excellence, especially in the eastern region. The first PGPM is slated to begin sometime in 2013. Relevant initiatives have also been launched in the research and consulting domains. In fact, four senior executive programmes are being conducted, with multiple CSR activities for small-scale industries. Faculty members are undertaking live projects to revive industries and develop small-scale enterprises in the surrounding areas.