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October 24, 2016
Mumbai: September 2014
Despite its status as a global economic giant and the largest democracy in the world, India is still considered to be a developing market. While the rise of consumerism has helped India secure its place as the third largest economy in the world, the instability of India’s government has provided unique challenges for the emerging nation.
In September of 2014, MBA@UNC students gathered in Mumbai to study the various types of organizations that conduct business in India and explore the evolution of a dynamic economy and business landscape.
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After arriving in Mumbai and meeting their classmates and professors in person, students were treated to a series of sessions hosted by influential figures in the Indian business community. These experts shared their insights on India’s economy and culture, strategy formulation and execution in India and the United States, and the evolution of the Indian entrepreneurial ecosystem. Read a full recap of day one on our blog.
The second day of the immersion weekend focused on Mumbai’s Dharavi slum, one of the largest slums in the world. Students had the opportunity to visit Dharavi, tour the intricate network of businesses that make up its unique ecosystem and hear from Amita Bhide of the Tata Institute of Social Sciences in a presentation titled “Reinventing Dharavi.” Read a full recap of day two on our blog.
On day three, students gathered for collaborative sessions hosted by our own UNC Kenan-Flagler faculty members, including the associate dean of MBA@UNC, Dr. Sridhar Balasubramanian. Topics included “Innovating and Managing in Developing Markets” as well as “Dynamics and Impact of Family Business in India.” Read a full recap of day three on our blog.
Mumbai Immersion Extension
As with all international immersions, students also had the opportunity to participate in an optional immersion extension, which took place immediately following the immersion weekend, from September 22-27. Immersion extensions allow students to engage in further learning exercises designed to develop a deeper understanding of the local culture and unique business landscape.
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