Quality education should be available for all irrespective of their social and economic status: Dr. Raghuram Rajan

Krea University

The former Governor of the Reserve Bank of India, Dr. Raghuram G. Rajan during his interaction with the students and faculty at IFMR Graduate School of Business, Krea University Campus said, What the country needs is to create an environment where an education ecosystem can flourish”.

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He stated that there is no shortage of talent in India and what we need is to create an ecosystem that provides high-quality education to all irrespective of their social and economic status. “India can be the Educational Hub for Asia & Africa if we can build world-class universities”, he added.

During the session at the University Campus at Sricity, Dr. Rajan shared his thoughts in topics ranging from economic inflation, interest rates, taxation, fiscal deficit, jobs, education, entrepreneurship, international trade, banking-finance and politics.

Responding to various queries flooded by students he shared his own life experience and learning on how to cope with failures, stress and ethical challenges and said that the students of today have great challenges ahead of them which are born out of an extremely fast-paced and complex world. The challenges of the 21st century are substantially different in scale scope and space. The leaders of tomorrow will be highly adaptable individuals who are purpose-driven with a strong moral compass.

Dr. Raghuram Rajan’s interactions with students and faculty at Krea University was a scheduled visit as part of his role as an Advisor – Governing Council & Academic Council, at the University which offers Under-graduate and Post-graduate programs. While the MBA, Ph.D and customised MDP programmes are offered through its premiere business school IFMR Graduate School of Business and the Liberal Arts and Sciences programmes are offered by School of Interwoven Arts and Sciences (SIAS), both under KREA University.

Dr. Rajan said that the mission of Krea University is to create a new generation of thinking Indians who will contribute to the development of the globe.

What we need is an atmosphere where young graduating students are motivated to create new businesses rather than just relying on corporate jobs,” he said and urged that students develop a spirit of curiosity that questions everything, learn from the past and take bold new steps towards the future. 

The Governing and Academic councils of Krea University is backed by some of the best minds in the country, including Raghuram Rajan, N Vaghul, the former chairman of ICICI Bank, R Seshasayee, former chairman of Ashok Leyland and Infosys and supported by business and thought leaders the likes of Anand Mahindra, Sajjan Jindal, Kiran Mazumdar.

IFMR Graduate School of Business offers 22 core and approximately 55 elective courses, spanning 8 disciplines for the two-year MBA program in Finance, Marketing, IT & Operations, HR, and Financial Engineering, with additional specializations in Banking Financial Services and Insurance (BFSI) & Data Sciences (Business Analytics).

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Applications for MBA Batch 2020-22 are now open and available online. Various scholarships based on merit and merit-cum-means are offered to students. More information on admissions can be obtained at site https://krea.edu.in/ifmrgsb; email gsb.mbaadmissions@krea.edu.in; Phone: +91 93601 34757 / 93601 34758.

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