Western colleges find school mates in India

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KOLKATA - Last month, St Xavier's College of Kolkata, one of the most orthodox educational institutions in India, announced collaboration with the University of Manitoba, Canada.

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St Xavier's is not alone. Over the past two years, India has seen an influx of many marquee names, including Harvard, Kellogg, Michigan University, Carnegie Mellon, Georgia Institute of Technology (all in the US), Grenoble Ecole de Management (France), and Aston Business School (United Kingdom), while research-oriented institutions like the London Business School, Stanford University and University of California Los Angeles Anderson School of Management, and many others from the world over are working towards setting up bases in India.

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Enamored by foreign degrees and treating them virtually as a passport to a job abroad - and hence a good life - Indian students have been flocking overseas, particularly the US, in hordes for years. According to the Ministry of Human Resource Development, for instance, more than 100,000 Indians leave the country every year to study abroad, and with over 200,000 students already based abroad, the country's students spend over US$4 billion a year on foreign education.

But now, with quite a few foreign universities opening classrooms in India and many more weighing the option seriously, it appears a new phase is to begin for the education sector.

Asia Times