Dr Raghuram Rajan addresses students at Krea University

Dr Raghuram G Rajan, Advisor-Governing Council & Academic Council, KREA University and former governor of the Reserve Bank of India interacted with the students and faculty of IFMR Graduate School of Business at Krea University and School of Interwoven Arts and Sciences (SIAS). 

During the interaction, Dr Rajan congratulated the students and faculty for setting extraordinary standards of excellence, while abiding with the core values of Krea University. He said that the students of today have great challenges ahead of them which are born out of an extremely fast-paced and complex world. The challenges of the 21st century are substantially different in scale scope and space. The leaders of tomorrow will be highly adaptable individuals who are purpose-driven with a strong moral compass.

Dr Rajan said that the mission of Krea University is to create a new generation of thinking Indians who will contribute to the development of the globe. According to him, there is no shortage of talent in India, what we need is to create an ecosystem that provides high-quality education to all irrespective of their social and economic status. Dr. Rajan also urged the students to be courageous and develop a spirit of curiosity that questions everything, learns from the past and takes bold new steps towards the future. Dr. Raghuram Rajan’s interactions with students and faculty at Krea University was a scheduled visit as part of his role as an advisor to the University.   

“We can be the Educational Hub for Asia & Africa if India can build world-class universities. There are thousands and thousands of students who would like to learn closer to home. What the country needs is to create an environment where an education ecosystem can flourish.” Dr Rajan added. Speaking on employment and jobs, he said, “What we need is an atmosphere where young graduating students are motivated to create new businesses rather than just relying on corporate jobs.”

During his interaction with students and faculty at Krea University, Dr Rajan answered a volley of questions from the students on topics ranging from economy to inflation, interest rates, taxation, fiscal deficit, jobs, education, entrepreneurship, international trade, banking and finance and politics. He also drew from his own life experience and shared his thoughts on how to cope with failures, stress and ethical challenges.

The Governing and Academic councils of Krea University have captains of corporate India and eminent academics who have teamed up to transform education and create an institution of global prominence. A varied academic council with people like Dr Raghuram Rajan, Manjul Bhargava and John Etchemendy bring their own experiences, to put together programmes that help students develop broad perspectives and think both creatively and critically. The University is committed to providing a learning environment that allows students to go through the institution to become leaders, who not only have domain expertise but think about critical global issues and are capable of making a social impact in an ethical fashion.

About Krea University:

Krea University is a Liberal Arts and Sciences university located in Sri City, north of Chennai. It is backed by some of the best minds and thought leaders in the country, including Raghuram Rajan, the former RBI governor, N Vaghul, the former chairman of ICICI Bank, R Seshasayee, former chairman of Ashok Leyland and Infosys, and supported by many business leaders like Anand Mahindra, Sajjan Jindal, Kiran Mazumdar Shaw and Anu Aga. 

 Krea University has a unique ‘Interwoven Learning’ approach that weaves creativity and action, arts and sciences, theory and practice, to make students ready to deal with challenges and opportunities presented by the 21st century. It's Graduate School of Business offers MBA, Ph.D and customised MDP programmes. The School of Interwoven Arts and Sciences will offer 3+1 year residential BA(Hon) and Bsc(Hon) degrees with strong foundation skills in data analysis, quantitative reasoning and communication skills.

Note : This press release has been published on the basis of a press communication by the college