B-SCHOOLS STARTS ATTRACTING INTERNATIONAL FACULTY NOW

By SI News   |   Thursday, 31 May, 2012
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The structure here allows for a higher level of interaction between the resident faculty and the visiting faculty compared to the US structure. There is a lot of scope to grow by working closely with research and industry than by merely attending conferences,” says Saha.

In the first quarter of 2012, Rajib L Saha left the University of Rochester in the United States to join the International School of Business (ISB), Hyderabad, as assistant professor in information systems. The triggers for relocation were both personal – the alumnus of the Indian Institute of Technology, Kharagpur, can now be closer to his family in West Bengal — and professional.
Other global faculty of Indian origin who joined ISB in 2011 include Siddharth Singh from Rice University, US, Sarang Deo from Kellogg School of Management, US, and Suman Ann Thomas from the National University of Singapore.
ISB, says Sanjay Kallapur, senior associate dean, faculty development, targets research-oriented faculty from international schools who are equally keen to join institutes where the research environment and infrastructure are solid.
The average annual income of an untenured professor in a top-class B- school in the US is about $150,000; and roughly $400,000 for a tenured and full or chair professor. A fully accomplished, top-of-the-line scholar in India with all the necessary degrees and qualifications heading a top-of-the-line B-school makes roughly about $50,000, or a little over Rs 25 lakh a year. A few professors who have relocated to India in recent times take home salaries of over Rs 55 lakh a year, which is 70-80% of what they would have earned in the US and the UK, said the dean of a top B-school on condition of anonymity. Pay packets are not immaterial, but then those coming to India – particularly those with an ancestral stake in the country — are attracted by other factors, too.
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