At a time when everyone is looking westwards, the Indian Institute of Management, Shillong (IIM-S) is adopting a 'Look-East' policy even as it braces to start new Executive Post Graduate Programme (PGP-Ex) in international business with special focus on China.
The programme becomes even more important because 2012 is being celebrated as the India — China friendship year.
"We have a target of starting the course from April 2012. But considering the large number of applications received, we may be delayed by two weeks," Prof Ashoke K Dutta, director IIM-Stold HT.
The course is an intensive one year programme designed to enhance skills and capabilities essential for responsible positions at senior management at the global level with six month stay and internship in China.
The Institute has entered into an MoU with Ocean University of China to start the course.
"At a time when everyone is looking westwards, we have decided to look eastwards.
Is this not a good sign?," he said.
Listing the other steps taken, Dutta said they have had two advanced management programmes in January and February this year targeted towards heads of academic institutions and bureaucrats.
To begin with 20 bureaucrats were trained in China on the Chinese way of doing business.
"We are having talks with the governments of other north eastern states and by next year we may include more states for the programme."
The business model , which has been developed cater to business need of the western societies.
With the advent of the emerging economies in the global business scene new challenges have opened which are specific to the emerging markets, Prof Dutta added.