Careers360 World-class universities: What can India learn? | Page 2

World class university INTRODUCTION “India needs at least four or five world class universities” The quest to have an Indian name in the top honours list of any world ranking is innate to any citizen. We examine what it takes to have a university to figure in the global league… by B Mahesh Sarma & Nimesh Chandra W Do we need a WCU? “ In this issue, we attempt to examine what constitutes a world class university and what can Indian universities learn from them. The objective is to identify the material basis for a university to be called as world class. There is no dearth of players who would like to be known as world class. IITs have always been identified in popular press as world class. Prof Venkat Rangan, Vice Chancellor, Amrita University categorically states, “India needs about 20 world class universities to be set up across the country and they can be set up at a cost of say 20,000 crore rupees.” He puts the per university cost at about 2,000 crores. Where does india stand ? On the other hand Prof Ved Prakash, Chairman, University Grants Commission (UGC) weighs in with a different perspective. According to him, world class institutions which have comparable international counterparts, whether Harvard, Cambridge or Oxford, cannot be created ab initio. There is plenty of literature on what constitutes a WCU. Prof. Philip G Altbach, Director, CIHE, Boston college has written extensively on this. The World Bank has come up with a report on the same (See http:// tinyurl.com/3jabhvj). Here is what we found out... e need four or five such universities. I have been saying for some time that if somebody can manage to get about 4 billion dollars (roughly Rs. 20,000 crores), one can plan to set up such a university and make sure that it succeeds in a big way.” This was Prof. CNR Rao’s (National Professor, JNCASR, Bangalore)response to a question on whether India needs a world class university (WCU) and what it might take to build one. Each year, when the three global ranking of universities namely, QS, THE and ARWU are released, there is a usual breast beating regarding the absence of Indian universities anywhere near the top. But this year the THE rank was slightly different because Panjab University, a new entrant, pipped usual names like IITs, JNU and DU. The discussions then shifted to what made Panjab a better player than even the IITs. Careers360 too weighed into the debate (Read more at http://tinyurl. com/mvjy5u8). 30 Careers 360 January 2014 Hong Kong University of Science and Technology is the world’s youngest top ranked institution