Page 90 - IACC Newsletter August-September 2013 Issue 13

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IIT-B, WUSTL to offer joint EMBA programme
The Indian Institute of Technology, Bombay (IIT-B) and Washington University at St Louis (WUSTL) will offer a joint
Executive MBA (EMBA) programme at the Shailesh J Mehta School of Management, IIT-B from January 2015. The
programme will be offered in collaboration with the Olin School of Business, WUSTL. At the ongoing IIT-B-WUSTL
Corporate Leaders Conclave at St Louis, US the institutions agreed to jointly offer an EMBA. The course will also have
faculty from Olin School of Business. The fee structure and other details of the programme are now being worked upon.
“IIT Bombay and WUSTL have active research collaborations in areas related to energy and environment. The Corporate
Conclave, in which several corporate leaders and distinguished alumni of IIT Bombay participated, marked the initiation of
a corporate alliance to support this partnership. The joint research seeks to address global problems by bringing together
the outstanding faculty members and students of these two eminent institutions, along with the industry,” said Devang
Khakhar, director, IIT-B.
One of the sessions at the Conclave focused on ‘Entrepreneurship and Innovation: R&D Technology Park’. IIT Bombay said
that it intends to establish a Research Park within its campus. The research park would be utilized for carrying out cutting
edge research in the areas of concern to the Indian society. It will be owned and operated by the Institute with the
support of the Government of India. The facility and space will be further utilized by the companies to leverage the
excellent scientific and technical expertise available with the faculty members of IIT Bombay.
At the session on ‘Executive Education and Leadership Development Programmes relevant to India and Asia’, academic
and corporate leaders including Prof. Khakhar, Rakesh Sachdev, CEO of Sigma Aldrich, Mr. Parag Saxena, CEO of New Silk
Route and Prof. Mahendra Gupta, Dean of the Olin Business School, WUSTL noted that corporations have a critical need
for talented workforce and hence a jointly offered E-MBA programme would be a step in the right direction.
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Indian-origin researcher Arjun Raj features among 10 most promising scientists in
the world
Indian-origin University of Pennsylvania researcher Arjun Raj has been featured in Popular Science magazine as one of the
10 most promising scientists in the world. The young scientist heads a 10-member team at Raj Labs on the University of
Pennsylvania campus. Set up in 2010 and funded by the US National Institutes of Health and the Burroughs-Welcome
Fund, Raj's team works on how changes in gene organization that often accompany cancer can cause changes in the
intensity of the gene, potentially leading to more aggressive cancers.
Raj, born in Ithaca, New York, to Indian parents, explains, "Our work studies how the organization of genes affects their
function. It's like asking the effects of rearranging the recipes in a recipe book. We find that organization of genes matters,
often in unexpected ways." Each year, Popular Science names "the Brilliant Ten" based on the brilliance and the likely
impact of the works of these young scientists and engineers. So far, 120 honorees have been named.
Popular Science is a largely circulated monthly US science magazine launched in 1872. Over the years, it has been
translated into 30 languages and covers latest trends in science and technology. Time Warner owned the magazine for
several years till it sold it to the Bonnier Magazine Group in 2007. Raj's PhD is in maths and he also done a lot of work in
the molecular biology lab. "We developed tools for imaging single molecules in cells with a microscope," says the scientist
whose father is a college professor. He sees making it to the coveted list as a tremendous honor. "And I feel lucky to have
had the opportunities to allow me to pursue this career. It is an opportunity that not enough people are afforded,
unfortunately," says Raj who says he misses those frequent visits to India. "Sadly I have not had the time lately with the
demands of work, etc.," he says adding, "I just met some people who went to a biological research institute in Bangalore
and said it was filled with incredible energy and smart people."