Tetr College of Business, a new B-school set up by Pratham Mittal (founder of Masters’ Union), has announced a scholarship twice the size of the world-famous Thiel Fellowship. The scholarship, worth $200,000 each, will enable 15 exceptional Indian students to join the inaugural batch of its global undergraduate programme, ‘Bachelors in Management and Technology’. “It will offer these students an opportunity to live, learn and build businesses across seven countries, including the UAE, India, Singapore, Ghana, the US, Brazil and Italy over four years,” Mittal said. “As part of the programme, they will get to study at world’s leading educational institutions such as INSEAD (France), SDA Bocconi (Italy), NUS Singapore, and IITs, among others.”
These students will be taught both by professors and by global business executives, such as Daniel Garret van Der Vliet (executive director, Cornell University), Manoj Kohli (ex-CEO, Bharti Airtel/Softbank), Alexis Montesinos (professor, MIT), Thorsten Truijens (professor, Kellogg School of Management), and Nitin Gaur (Advisory Board member, Stanford University).
In addition to Mittal, Tetr College of Business is led by Viney Sawhney (professor, Harvard University), Edward Rogers (former chief knowledge officer, NASA), Faverie Stephane (executive group president, Estee Lauder), and Saud Swar (CBO, American Express, MENA), who are part of the founding council. “Tetr aims to redefine how global business education is delivered, with a programme that enables students to learn business by building businesses while traveling across the world and getting mentored by top professors and practitioners,” Mittal added. “We will also establish a $1.6 million venture fund called ‘Tetr Launchpad’ for aspiring entrepreneurs, complemented by mentorship from an extensive network of venture capitalists, founders, and industry leaders.”
Prof Sawhney added that he hasn’t seen such a programme in his academic experience, even at the Harvard. “Traditional business education is due for an overhaul,” he said. “Tetr’s unique programme addresses this gap with a curriculum that allows students to travel the world and learn business by doing business in a new country, each semester. I am excited to be working alongside a team that is pioneering a change in the world of business education globally.”
As a part of its curriculum, Tetr will offer students a holistic understanding of how to build brands, investment portfolios, and make data-driven decisions rooted in local cultural context, as they travel and study across the globe. Students will get an opportunity to build an e-commerce ‘dropshipping’ business in Dubai, leverage the Silicon Valley’s ecosystem to launch a tech start-up in the US, and start a community-driven project to design and sell a hardware product in Singapore. They will also get to learn content-creation, community-building and brand partnerships in Milan, launch green initiatives in the realm of EVs, wildlife conservation and renewable energy in Rio de Janeiro, as well as build a consumer business catering to suburban audiences in India.
Set to commence the batch from September 2024, Tetr is offering full scholarships to 60 brightest undergraduates from across the world who will join the first batch. Of these, 15 will be from India. The B-school will welcome top SAT scorers (top 1 percentile) and those who have turned down offers from prestigious universities. The deadline for the current round of applications is May 19.