India as a Market-oriented Economy Present and Future P.V. Viswanath Eric Kessler FIN 680D INB 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. 26 Oct. 10 Oct. 24 Nov. 7 Nov. 28

Course Requirements Participation in Online Discussions Report 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