Exporting American Universities to India

As much as people continue to question the future of higher education in the U.S., American institutions are being exported to India in a major way. Check out this article in Time Magazine:

Restricted from operating independently in India, foreign institutions have been able to get a toehold by setting up joint ventures with Indian colleges. From Northwestern to North Dakota State, hundreds of foreign schools have found partners. India’s Manipal University offers joint programs with 10 colleges in the U.S.

The benefits of these tie-ups go both ways. American universities get to enhance their global prestige and boost enrollment as well as their bottom line. Students in India often pay from $10,000 to $20,000 in annual tuition to the American-branded schools. In some cases, Indian students will spend time at each of the two campuses. More often, the American college, for a fee, lends its name, curriculum and degree to its Indian counterpart.

Last year, Ohio State inked a deal to design a management course for the Asia Graduate School of Business in Hyderabad. The two schools agreed to split the teaching duties. The Indian business school agreed to fork over nearly $1 million for the right to use the curriculum and the OSU brand.

Business schools are likely the most exportable schools in the short term and as has been mentioned by various commentators, the MBA is the first truly global degree. This exporting trend, combined with the massive numbers of foreigners who come to the U.S. for schooling each year, highlights the exceptional nature of higher education in the U.S.

 

Read more: http://www.time.com/time/magazine/article/0,9171,2026887,00.html#ixzz14AMNQMnC

Learning Curve – TIME.

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