India as a Market-oriented Economy Present and Future

P.V. ViswanathEric Kessler

FIN 680DINB 670C

Course Focus

This course will look at the evolution of companies in India as the country moves towards being a more open and market-oriented economy. Special attention will be paid to the changing financial framework in which these firms operate; how it has helped, hindered and changed firms' strategies.

Course Focus

In addition the course will look at how India is preparing to be a future economic power, including the challenges and opportunities facing Indian leaders. Students will visit firms in several industries, financial institutions, cultural and historical sites, and business schools.

Topics

General Introduction– India – History and Culture– India -- Economy

• Themes– Economic Resurgence post-1991– RTI

Financial Infrastructure– Visits: National Stock Exchange, Reserve Bank of India– Companies: AIG, Goldman Sachs

Topics

Physical Infrastructure– Visits: Directorate General of Foreign Trade, Federation of

Indian Export Organizations – Companies: Jet Air

HR– Visits: MindTree, IIMB– Companies: MindTree

Topics: Industry Studies

Media/Entertainment Industry– Visits: Raj Tilak/ QI Media Works

Aviation– Companies: Jet Airways

IT/ BPO– Companies: TCS, Infosys, Genpact

Visits

Bombay– National Stock Exchange– Reserve Bank of India– Tata Consulting Services– Federation of Indian Export Organizations– Directorate General of Foreign Trade– Jet Airways– QI Media Works

Visits

Bangalore– Infosys– MindTree– Goldman Sachs– Genpact– Indian Institute of Management

Course Structure

We will have online discussions based on texts throughout the term.In addition, we will, tentatively, have five in-class meetings:Sept. 26Oct. 10Oct. 24Nov. 7Nov. 28

Course Requirements

Participation in Online DiscussionsReport on a topic of choice (to be selected with me) and powerpoint presentation on Nov. 28 (for graduate students only)Brief write-up (about two pages) on the trip as a whole plus more focused descriptions of two specific visits, not in the same industry/area (two pages per visit).

Bombay: Gateway of India

Marine Drive: Queen’s Necklace

Bombay: Ganesh Chaturthi

Bangalore: Temple Procession

Bangalore Street

Bangalore: State Legislature