University of Cambridge Launches Nehru Professorship

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University of Cambridge Launches Nehru Professorship

The University of Cambridge on Thursday announced the launch of the “Jawaharlal Nehru Professorship of Indian Business and Enterprise” to honour India’s first Prime Minister.

It has been set up with a fund of £3.2-million contributed by India to celebrate the centenary of Nehru’s arrival at Trinity College, Cambridge, where he studied for a degree in Natural Sciences.

The professorship will be assigned to Judge Business School in the university. It has been billed as one of the leading business schools in Europe.

“The professorship has been established to help forge closer links between Indian and other international economies and to promote an understanding of India’s interests and its place in the world economy,” Vice-Chancellor Alison Richard told a press conference here.

Chair to be appointed soon

“Within a month or so, we will reveal the name of the occupant of the Chair, who will be appointed for an indeterminate period. A selection committee is looking into this matter. The Indian government is also a part of this committee.

Along with a professor, three Ph. D. fellows will be attached to the Chair and one will be reserved for an Indian student,” said Business School Director Arnoud De Meyer.

The chosen professor will provide leadership for creation of a dedicated “Cambridge Centre for Indian Business” in the school. This centre will support the work of the Jawaharlal Nehru Professorship.

It will initially focus on contemporary research themes in today’s business environment. In the first three years, the themes of technology innovation, emerging global economies, relationship between economic development and knowledge economy and entrepreneurship will be covered.

The university will retain the entire benefaction as permanent endowment and will use the net income from investment of the sum towards salary and expenses of the holder of the professorship and under associated overheads.

“This professorship reflects the unprecedented world interest and excitement in the new models of business being generated in India. The Chair also affirms and strengthens Cambridge’s rich links with India historically, today and far into the future.

The 8 per cent growth rate of India’s national income for three consecutive years is a true indication of its success story,” said Prof. Richard.

On fully-funded scholarships, she said she was optimistic that the number would increase in the next couple of years benefiting students from countries like India.

Later, Prof. Richard launched a collection of essays written by teachers and trainers of India. The book Reflections on Teaching, Today and Tomorrow has been released by the Cambridge University Press.

The Vice-Chancellor and her team will be in the country for the next 10 days.