Chief Minister of Punjab lays Foundation stone for the ISB's new campus at Mohali
| August 11,2010 06:04 pm IST
The Honourable Chief Minister of Punjab, Sardar Parkash Singh Badal today laid the foundation stone for the new campus of the Indian School of Business (ISB) in Mohali, Punjab, marking the start of construction of the School’s first campus outside Hyderabad. The move underscores the ISB’s belief in achieving scale to effect a greater impact on business and society.
Gracing the occasion were Dr. Upinderjit Kaur - Minister of Education, Punjab, Ajit Rangnekar - Dean, ISB, founding supporters of the Mohali campus, Analjit Singh, Pawan Munjal, Sunil Kant Munjal, Rakesh Bharti Mittal, Luv Chhabra and Savita Mahajan - Deputy Dean, ISB & Chief Executive, Mohali Campus.
The ISB campus at Mohali will house four institutes focusing on areas critical to India’s development, viz. Max India Institute of Healthcare Management, Bharti Institute of Public Policy, BML Munjal Hero Honda Institute of Manufacturing Excellence and Innovation, and Punj Lloyd Institute of Physical Infrastructure Management.
These institutes are being set up with generous contributions from the founding supporters of the ISB campus at Mohali to further research and education in the respective areas. In addition to its founding academic associations with the Kellogg School of Management, The Wharton School and London Business School, the ISB has established an academic association with MIT Sloan school of Management to support the institutes in Manufacturing Excellence and Physical Infrastructure Management. While the Wharton association is being extended for the institute in Healthcare Management, the academic association for the institute in Public Policy is under finalization.
Spread across 70 acres, the ISB campus at Mohali will be equipped with state-of-the-art learning facilities – lecture theatres, a 500-seater auditorium, student and faculty housing, and a host of recreational facilities. The master plan of the campus and the architectural design of the individual buildings combine the principles of traditional Indian design with contemporary campus standards, reflecting the ISB’s character of being uniquely Indian and, at the same time, a global institution. The buildings adhere to the latest international building code and educational facility operating standards.
The campus is designed to meet LEED Gold sustainability criteria, with energy-efficient mechanical and electrical fixtures, rain water harvesting, maximised day lighting and passive environmental controls. The campus has been designed by the leading international architects, Perkins Eastman, New York, in partnership with RSP, Bangalore, and is being project managed by Jones Lang Lasalle Meghraj.
The construction of the campus is expected to be completed by March 2012, and the first academic session for the Post Graduate Programme in Management is scheduled to commence in April 2012, with an initial intake of 210 students. The programme will offer students the option of specialising in the new streams that are slated for launch, in addition to the existing streams. The campus at Mohali will also conduct several short duration executive education programmes in various disciplines.
The School will have a unified governance structure, with the school’s Executive Board as the statutory body overseeing and supporting both the campuses. The ISB will maintain consistency, a common set of standards and processes, and above all, an unwavering culture of excellence across both campuses.