Where Indian Education Meets Global Standards
International co-operation in higher education has been gaining popularity in India, especially in the management education sector where an exchange of domestic business and operational knowledge between emerging economies in the world is today's necessity. While, internationalization has become the buzz word of many Indian business schools in the country with an increased number of institutes knocking the doors of universities across the globe for research collaborations and faculty-student exchange programs, C.K. Shah Vijapurwala Institute of Management (CKSVIM), Vadodara seems to be a step ahead. CKSVIM is set up by Shri Mahavir Jain Vidyalaya, Mumbai, a 100 year old Trust. After gaining accreditation from Accreditation Council for Business Schools & Programs (ACBSP), U.S. the institute has seen growth in number of international universities approaching them for collaborations.
There are about 14, 000 Business Schools in the world, including close to 4,000 management colleges in India. ACBSP, USA, is one of the best and largest of five accreditation bodies in the world, and has 1,300 member business schools including little over as 1,000 Accredited Business School from 62 countries. Accreditation from bodies like ACBSP, USA which are largely ignored by the Indian Business Schools due to the rigorous evaluations process that has to be undergone for a successful achievement of Global Accreditation, are greatly valued in the international higher education sector. Dr. Rajesh Khajuria, Director of CKSVIM says, "With ACBSP accreditation, our MBA students are recognized worldwide for the quality of education they earn, making it easier for credit transfer with globally accredited MBA offering colleges and universities worldwide."
As a result of global level accreditation that is followed by the huge inflow of universities around the globe for establishing various partner activities, CKSVIM accommodates good number of students from other nations at their Vadodara campus. "By associating with universities from abroad, we have created a platform where students can learn cross-cultural management. An example is our collaboration with German Universities through Gujarat Technological University (GTU). While, we accommodate many German students here on every February to teach strategic management, business ethics and Gandhian Philosophy, our students can learn international business and global manufacturing operations during their Summer Internship Program (SIP) at Germany," says Dr. Khajuria, who also chairs the Gujarat Technological University's Global MBA program, hence has a better understanding about the importance of establishing academics associations with international bodies for providing the highest quality business education for their students.
Dr. Khajuria's efforts to put CKSVIM in a global map are not limited to a usual international collaboration scenario where institutes across the borders sign MoUs for a student-faculty exchange game. The institute's special collaboration with International Trade Centre (ITC), a part of World Trade Organization (WTO) in Geneva, is one of the evidences for that. Being the only business school other than Indian Institute of Foreign Trade (IIFT) that provides a gateway to learn the trading secrets of international import and export business, CKSVIM's students are in huge demand by the industry. While 80 percent of them are finding their dream job before the final exams, remaining students make it after the course completion with the support of institute's dedicated team of training and placement. With immense confidence, Dr. Khajuria concludes, "No one remains unemployed here."