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Babson College Advises India's Pearl Global on New Business School and Entrepreneurship Program

    WELLESLEY, Mass., May 5 /PRNewswire/ -- Babson College, USA, and Pearl
Global Ltd., India, have signed a strategic collaboration on a full range
of activities to promote world class research and education of
entrepreneurship in India.
    Pearl Global Ltd. -- a $400 million company exporting garments to
Europe and North America -- has formed a non-profit educational trust. This
trust is in the initial stages of developing a new, private business
management institution at two campuses near New Delhi. The Pearl School for
Business Studies will grant Bachelor of Business Administration and/or
Masters of Business Administration degrees with a focus on
entrepreneurship. Current plans are for first classes to be admitted in the
fall of 2008.
    Babson College in Wellesley, Mass. -- ranked #1 worldwide in
Entrepreneurship Education -- will advise Pearl on the strategies,
processes, and procedures necessary to build an Entrepreneurial foundation
and curriculum. The collaboration is designed to expand over the next seven
years.
    Babson's consulting reports will include:

    * The general curriculum for undergraduate and graduate programs.

    * An overview of the entrepreneurship curriculum.

    * Student report on the student admissions process and co-curricular
      activities.

    * Faculty report including Babson faculty profiles and approaches to
      faculty development.
    Pearl will shape this information into a comprehensive Entrepreneurship
curriculum to meet the particular conditions, requirements, and
stipulations of the local region in India. Babson faculty will provide
workshops for Pearl faculty and staffing, and will visit regularly to
monitor teaching, learning, and assessment standards. Professor Robert Eng,
Executive Director, The Asia Institute at Babson, and Babson Professor Ash
Rao will present the final reports to Pearl.
    Both institutions will identify mutual exchange opportunities --
on-line access to library resources, links to websites, distance
participation in projects, workshops, internship facilitation, joint
information sharing, among others.
    Babson Provost Michael Fetters joined with Deepak Seth, Chairman of
Pearl Global, and Dr. Ashutosh Bhupatkar, advisor to Pearl Global's
education trust, for the official signing ceremony in Delhi, India. Vivek
Jain, President of Babson's Alumni Club in India and Chairman of DCW Ltd.,
also attended.
    "This collaboration is an important step in Babson's journey to
globalize Entrepreneurship Education," said Fetters, "We are privileged to
work with Pearl Global, Ltd., a company that shares our vision to advance
Entrepreneurship knowledge in India."
    Listen to podcast of Babson Provost Michael Fetters discussing the
Babson/Pearl partnership at:
http://www3.babson.edu/newsroom/blog/customcf/babson_fetters_india.mp3
    Babson College in Wellesley, Mass., is recognized internationally as a
leader in entrepreneurial management education. Babson grants BS degrees
through its innovative undergraduate program, and grants MBA and custom MS
and MBA degrees through the F.W. Olin Graduate School of Business at Babson
College. Babson Executive Education offers executive development programs
to experienced managers worldwide. For information, visit
http://www.babson.edu.
    This news release was issued on behalf of Newswise(TM). For more
information, visit http://www.newswise.com.


SOURCE Babson College




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    CONTACT:
    Michael Chmura of Babson College PR,
    +1-781-239-4549, mchmura@babson.edu