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Globalisation has opened horizons of management education: Stalin

Staff Reporter

“The growing number of institutes has attracted several foreign students”

— Photo: S.R.Raghunathan

Inauguration: Deputy Chief Minister M.K.Stalin unveils a plaque at the dedication of the new green campus of the Great Lakes Institute of Management on Wednesday. Labour Minister T.M. Anbarasan, Chief Secretary K.S. Sripathi and Dean and Founder of the Institute Bala V. Balachandran are in the picture.

Chennai: “Globalisation has opened horizons for management education. Be it the IITs, IIMs or NIT, students are keen on getting a degree in Business Management as the opportunities available are many,” according to Deputy Chief Minister M.K. Stalin.

He was speaking after dedicating the new green campus of the Great Lakes Institute of Management to management education, near Mamallapuram on Wednesday. Elaborating how management education has grown in Tamil Nadu, Mr. Stalin said that in the 2008-09 academic year, there were 178 engineering colleges that introduced management programmes. Around 11,445 students enrolled in private colleges and 1,800 in government and government-aided colleges, he said.

Mr. Stalin also spoke of how the growing number of institutes has also resulted in students from foreign countries coming to learn in India. “I congratulate the Dean of Great Lakes Institute of Management on bringing in a world class institute for the State, which has both Indian roots and culture.” The function of the Platinum-rated green campus was also attended by Labour Minister T.M. Anbarasan, Chief Secretary K.S. Sripathi, and Kancheepuram Collector Santosh K. Misra. “The Kanchi of yesteryears was known for education. Today, it is a knowledge capital,” Mr.Sripathi said. He also cited example of reverse brain drain happening not just in Chennai, but even in upcoming cities of the State such as Karaikudi.

Mr.Mishra said the State has seen an exponential growth in the last few years, especially Kancheepuram which has seen the lion’s share of industrial growth. “Around Rs.50,000 crore of industrial investment has come to Kancheepuram, and with this I see the district becoming a global hub in IT, automobiles and telecom,” he said.

Bala V. Balachandran, Dean and Founder of Great Lakes Institute of Management, announced that from the coming academic year the Institute would “take 50 underprivileged children and make them appear for exams such as GRE, GMAT and other competitive exams.”

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