ISB vision and beginning

Here's an article from indiainfoline.. i believe the publication date isn't correctly mentioned.
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In line with its vision to groom future business leaders, the Indian School of Business (ISB) have announced a leading-edge general management curriculum with highly relevant areas of focus in t-commerce (the impact of technology on commerce), entrepreneurship, and managing in fast-evolving, emerging environments. The comprehensive curriculum will be strongly complemented by extensive corporate interaction and wide-ranging international exposure.
Underlining the significance of the novel curriculum, Mr. Rajat Gupta, Chairman, ISB and Managing Director (Worldwide), McKinsey & Co. Inc, said, "One tremendous advantage of being a brand new school is the opportunity to leapfrog existing programs and create a forward-looking curriculum that addresses the needs of future business leaders. The ISB curriculum is a blue - print for molding business leaders who thrive on change."
Mr Gupta also unveiled the logo for ISB on the occasion. Reflecting the founding vision of ISB as an institution that fosters freedom of thought, operates in a global arena and strives to transcend traditional boundaries, the logo depicts the globe transforming into birds. The birds represent unfettered thought and far-reaching vision.
Dean Don Jacobs, Dean of the Kellogg Graduate School of Management at Northwestern University, who also heads the ISB Office of the Dean, said "The key word in developing the curriculum has been relevance - whether it is in choice of specializations or interaction with the business community or international exposure for ISB students. We have had the best brains in management education and research put together the ISB curriculum."
The curriculum has been developed by ISB’s International Academic Council comprising reputed faculty from the finest business schools in the world like
The Wharton School, Kellogg Graduate School of Management, Harvard Business School, Graduate School of Business at Stanford and the University of Chicago. In particular, professors from the ISB’s two affiliates Kellogg and Wharton played a critical role in crafting the path-breaking curriculum.
These professors had the challenging task of integrating all the input that was provided by the ISB’s Board of Directors, comprising about 50 CEOs and Chairman of some of the world’s leading corporations. The ISB CEO, Dr. Pramath Sinha, stressed the fact that the curriculum drew heavily from the many brain-storming sessions with the ISB’s Board members and its NRI sponsors from Silicon Valley on what would constitute a distinctive program in management. Thus, with advances in information technology driving rapid change in business systems the impact of technology on commerce (or t-commerce) will be a focus area for the ISB. The emphasis will be two-fold: the curriculum will highlight teaching and research that enables managers to respond to the challenges and opportunities created by technology and the Internet; and it will explore issues related to the role of technology in enabling companies to redefine their traditional business systems. Mr. B. Ramalinga Raju, Chairman, Satyam Computer Services Limited and Board member of the ISB, who was present on the occasion, reiterated the need for the focus on t-commerce as well as his support for further research in this area.
The second unique focus area for ISB will be entrepreneurship, a crucial element in grooming managers who can harness change and capitalize on the opportunities of the New Economy, and the life-blood of overall economic growth and employment generation. In addition to a major in entrepreneurship, the ISB will offer an entrepreneurial environment in which students undertake projects on new business development, participate in venture fairs and learn from the successful entrepreneurs who will actively participate in the program. The ISB also plans to set up an entrepreneurship center with incubator facilities, to provide students with all the resources required to become entrepreneurs. Mr. Analjit Singh, Vice Chairman, Max India Ltd and an active member of the ISB Board, spoke about the uniqueness of this focus and its extremely practical orientation.
The founders of ISB recognise the tremendous importance of the emerging economies and accordingly the ISB curriculum will seek to instill in future business leaders the skills to manage in this environment. The theme of managing in emerging markets will be an integral part of the program and will run through in all courses through case studies, projects and fieldwork.
Mr Anil Kumar Director, McKinsey & Company, Inc. and a founder member of the ISB Board, stressed the importance of this subject to researchers and corporations around the world.
ISB will also offer specializations in strategic marketing and analytical finance.
Extensive interaction with corporate managers and industry leaders will be a hallmark of the ISB program. The unprecedented corporate support enjoyed by ISB will enable it to easily undertake activities with high corporate involvement like consulting, corporate mentorship programs, a CEO’s forum and an entrepreneur-in-residence program. Further, with its location in Hyderabad, one of the rapidly growing centers of software development in the world, the ISB is well positioned to forge links with related academic institutions and practitioners in the hi-tech sector.
ISB will offer wide-ranging international exposure to all its students to ensure that ISB graduates can manage successfully in different environments around the world. This will be done through exchange programs with US business schools, joint classes with Kellogg and Wharton through videoconferencing, access to world-class faculty with significant international experience, a diverse student community and interaction with business leaders from all parts of the world.
The ISB will offer two-programmes initially: a one-year post-graduate management program (equivalent to an MBA) for qualified students with two to five years’ work experience and specially designed programs in executive education and development. The one-year program will have 680 contact hours spread over 8 terms. The ISB is now admitting students for its June 2001 post-graduate class and the application form can be downloaded from www.isbindia.org
Based at Hyderabad, the ISB is a unique collaboration between some of the world’s most respected corporations and world’s most prestigious management institutions – the Kellogg Graduate School of Management at Northwestern University and the Wharton School at the University of Pennsylvania. The ISB campus, spread over 250-acres, will be self-sustaining, with sophisticated educational infrastructure and world-class living and recreational facilities.