IIT-M’s first foreign office in Silicon Valley
The Indian Institute of
Technology (IIT), Madras will soon open its first foreign office in the
Silicon Valley, USA, to attract more alumni funding and recruit young
faculty.
“As most of our alumni work in the Silicon Valley we are likely to open our first international office there. We expect to raise 10 times more funds in future from this initiative,” said Prof. R. Nagarajan, dean of international relations and alumni affairs at IIT- Madras, revealing that the institute had appointed a consultant to advise it in various matters, including fund raising and recruitment.
IIT-M takes cue from Kanpur counterpart
IIT-M is clearly going in the way the IIT- Kanpur, which set up its international office in New York recently to select faculty from the US and raise funds for its administration.
Prof Bhaskar Ramamurthi, director, IIT- Madras revealed that it had a dedicated office to handle relations with donors in North America.
“Relations with universities are handled by our office of international relations as we have a large number of collaborations across the world, including the US,” he said.
“There has been a significant increase in our fund raising over the past two years. While in 2010 we raised `3 crore, in 2011 we raised `10 crore and last year , `12 crore. Until now it has been a volunteer effort,” Prof R. Nagarajan, dean of international relations and alumni affairs at IIT- Madras, explained.
“As most of our alumni work in the Silicon Valley we are likely to open our first international office there. We expect to raise 10 times more funds in future from this initiative,” said Prof. R. Nagarajan, dean of international relations and alumni affairs at IIT- Madras, revealing that the institute had appointed a consultant to advise it in various matters, including fund raising and recruitment.
IIT-M takes cue from Kanpur counterpart
IIT-M is clearly going in the way the IIT- Kanpur, which set up its international office in New York recently to select faculty from the US and raise funds for its administration.
Prof Bhaskar Ramamurthi, director, IIT- Madras revealed that it had a dedicated office to handle relations with donors in North America.
“Relations with universities are handled by our office of international relations as we have a large number of collaborations across the world, including the US,” he said.
“There has been a significant increase in our fund raising over the past two years. While in 2010 we raised `3 crore, in 2011 we raised `10 crore and last year , `12 crore. Until now it has been a volunteer effort,” Prof R. Nagarajan, dean of international relations and alumni affairs at IIT- Madras, explained.
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