Saturday January 25, 2020
Home Indian Diaspora IIT-Delhi ex-...

IIT-Delhi ex-student Soumitra Dutta to be the dean of business college

0
//

Washington: An ex-student of IIT-Delhi, Soumitra Datta, will soon be the Dean of a new Business Integrated College launched by the Cornell University in the academic year 2016-17.

Dutta currently is dean and professor of management and organisations in the Samuel Curtis Johnson Graduate School of Management at Cornell University.

He is considered an authority on the impact of new technology on the business world, especially social media and social networking, and on strategies for driving growth and innovation by embracing the digital economy.

The Ithaca, New York-based Ivy League institution announced that the new college was aimed at cementing the university’s position as a world-class centre of teaching and research for business management and entrepreneurship.

The new College of Business will comprise Cornell’s three accredited business programmes: the School of Hotel Administration (SHA), the Charles H Dyson School of Applied Economics and Management, and the Samuel Curtis Johnson Graduate School of Management.

Each school will maintain its unique identity and mission while their collective capabilities will be strengthened by bringing together faculty, curricular offerings, and programmes within a cohesive College.

The establishment of the College, through a change in the university’s bylaws, was unanimously approved by the Cornell Board of Trustees at its meeting on January 30.

The Cornell College of Business will be one of the most comprehensive business schools in the US with 145 research faculty and nearly 2,900 undergraduate, professional, and graduate students.

“At the heart of Cornell is a mission to apply knowledge for the public purpose and educate the next generation of professionals and entrepreneurs to solve some of the world’s major challenges,” said President Elizabeth Garrett.

“Being able to leverage Dyson’s strength in international development and agricultural economics, SHA’s expertise in hospitality, entrepreneurship, and real estate (through the Baker Programme in Real Estate), and Johnson’s depth in economics, finance, and executive training will naturally lead to a College of Business that stands out for its unparalleled breadth of instructional excellence,” said Dutta.

“A more prominent and collaborative platform will elevate opportunities for faculty to conduct innovative research and be at the forefront of their fields.”

“Bringing together Cornell’s three business schools will also establish an effective administrative structure that will be immensely beneficial to the University’s ability to continue to attract the best and brightest faculty and students,” Dutta said.

Dutta has earlier served as the Roland Berger Chaired Professor of Business and Technology and was the founder and academic director of the eLab at INSEAD, a top-ranked graduate business school in Fontainebleau, France.

Previous roles Dutta has held during his 23-year tenure at INSEAD include dean of external relations; dean of executive education; and dean of technology and e-learning.

Dutta received a B Tech in electrical engineering and computer science from the Indian Institute of Technology-Delhi.

He received an MS in business administration, an MS in computer science, and a PhD in computer science from the University of California at Berkeley.(IANS)(Image-cornell.edu)

Next Story

Digital Transactions in Delhi-NCR Grew by 235% Last Year: Razorpay

Online transactions in Delhi-NCR grew 235% in 2019

0
Online Transactions
Online transactions in Delhi-NCR grew by 235 per cent in 2019 and it was the third most digitized region in 2019. Pixabay

Digital transactions in Delhi-NCR grew by 235 per cent from 2018 (January-December) to 2019 (January-December) and the region was the third most digitised state in 2019, thus, contributing 13.05 per cent in 2019 (up from 10.9 per cent in 2018), said a new report by full-stack financial services company Razorpay on Tuesday.

“The last year has been buzzing for the fintech sector in Delhi, with the adoption of new digital payment modes and bringing the digital currency to the mainstream. The last six months saw a tremendous shift in the consumption patterns of businesses and consumer preferences of digital payments in the region.

“With UPI growing by a whopping 442 per cent in Delhi, I am certain that this payment method will overtake cards by at least 20 per cent in the next 12 months,” Harshil Mathur, CEO and co-founder of Razorpay, said in a statement.

Online Transactions
Credit and Debit cards contributed 46 per cent in digital transactions. Pixabay

In 2019, Karnataka saw the highest adoption of digital payments (26.64 per cent) followed by Maharashtra (15.92 per cent) and Delhi NCR (13.01 per cent).

While the usage of cards (46 per cent) and netbanking (11 per cent) saw a decline in 2019, down from 56 per cent and 23 per cent for cards and netbanking, respectively in 2018, UPI (38 per cent) went up from 17 per cent in 2018.

Amazon Pay was the most preferred wallet among consumers (33 per cent), followed by Ola Money (17 per cent) in 2019.

Also Read- India Witnesses Fall in the Number of Cyber Threats in 2019: Kaspersky

The top three sectors in digital payment adoption for 2019 were food and beverage (26 per cent), financial services (12.5 per cent) and transportation (8 per cent).

Among UPI, Google Pay contributed 59 per cent, PhonePe contributed 26 per cent, followed by Paytm (7 per cent) and BHIM (6 per cent) in digital transactions in 2019. (IANS)