Arvind Rangaswamy Presentation at Thinkers50 India

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Thinkers50 India is a joint initiative of Institute for Competitiveness, India and Thinkers50.

Institute for Competitiveness, India is an international initiative centred in India, dedicated to enlarging and purposeful disseminating of the body of research and knowledge on competition and strategy. Institute for Competitiveness, India conducts and supports indigenous research, offers academic and executive courses, and provides advisory services to the Corporate and the Governments. The institute studies competition and its implications for company strategy; the competitiveness of nations, regions & cities and thus generates guidelines for businesses and those in governance; and suggests and provides solutions for socio-economic problems.

Created in 2001 by Stuart Crainer and Des Dearlove, the Thinkers50 was the first-ever global ranking of management thinkers. In the intervening decade, the scope of Thinkers50 has broadened to include a range of activities that support its mission of identifying, ranking and sharing the best management thinking in the world. Today, Thinkers50 is widely recognized as the world’s definitive ranking of the top 50 business thinkers, and the T50 Distinguished Achievement Awards are widely regarded as the “Oscars of management thinking.”

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  • Penn State was ranked the No. 1 institution in the nation for producing the best-prepared, most well-rounded graduates who are most able to succeed once hired, according to a survey by The Wall Street Journal.Ranked 51 among the top universities of the world (Times Higher Education list)There is really no tradeoff between quality and quantity – we need both. But at some point, quality gives way to quantity, which would be a shame for Indian HE.
  • Currently, it appears that only about 16 people have been awarded “National Professor”.
  • Arvind Rangaswamy Presentation at Thinkers50 India

    1. 1. Rethinking the Quality of India’s Higher Education System Arvind Rangaswamy August 30, 2013
    2. 2. Background Quality of India’s Higher Education Some Ideas for Enhancing Faculty Quality Agenda 2
    3. 3. 3 Penn State at a Glance (2012) Land grant public university – ranked in the top 50 universities of the world 13 colleges at main campus; 24 campuses Operating revenue of $4.67 billion; 778 million in direct research expenditures 96,560 students currently enrolled; 728,933 degrees conferred to- date since 1861 6,060 full-time faculty; 3,173 at main campus 11,984 students enrolled online in 20 different UG and 42 different graduate degree programs
    4. 4. 4 Roles of a Modern University Knowledge Generation Knowledge Dissemination Knowledge Branding/Credentialing Knowledge Monetization
    5. 5. 5 Quality of a University Quality of students Quality of faculty Quality of the educational experience
    6. 6. 6 Realities of Faculty Talent Production of new faculty is not scalable -- shortage in the market Global market for talent Quality is non-additive Multiplier effect of high-quality faculty A top university is a unique aggregator of faculty talent
    7. 7. 7 Some Suggestions Expand “National Professor” program or establish similar program Establish summer Visiting Professor program for top scholars from abroad Hire talented administrators from abroad Institute stronger, uniform faculty evaluation system Partner with companies to support thought leaders/professors.
    8. 8. 8 Evaluating Faculty Research Quality of research publications Impact of research (citations) Visibility in the field Quantity/productivity
    9. 9. 9 Email: arvindr@psu.edu URL: www.arvind.info
    10. 10. Source: Adapted from The National Center for Higher Education Management Systems Economy State and local Governments Donors and Foundations Federal Government Financing of U.S. Higher Ed Students Universities Tuition and fees Scholarships Appropriations/Grants Student aid Student aid Research grants Number of students Tax and other revenue Endowments Gifts
    11. 11. Source: Adapted from The National Center for Higher Education Management Systems Economy State and local Governments Donors and Foundations Federal Government Role of Private Sector Students Universities Tuition and fees Scholarships Appropriations/Grants Student aid Student aid Research grants Number of students Tax and other revenue Endowments Gifts Private sector Job opportunities Projects, Grants Auxiliary services
    12. 12. Tuition and fees $1,508.8 (32.7%) State $261 (5.7%) Sponsored research (Govt. & Private) $837.2 (18.1%) Endowment income $130.7 (2.8%) Medical center $1,261.7 (27.3%) Other $616.7* (13.4%) Penn State Revenue Year Ended June 30, 2012 ($4.60 billion) * million
    13. 13. Tuition and fees $741 (19.6%) Endowmentused for operations $1,200 (31.7%) Currentyear gifts $277 (7.3%) Sponsored research $852 (22.5%) Other(rentals, royalties,etc.) $570* (15.0%) Harvard University Revenue 2010-11 ($3.78 billion) * million

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