Now Days Many B – School attract foreign faculty for the better teaching and more knowledge of business of globalization world.
Rajib L Saha left the University of Rochester in the United States to join the International School of Business (ISB) Says "The structure here allows for a higher level of interaction between the resident faculty and the visiting faculty compared to the US structure. There is a lot of scope to grow by working closely with research and industry than by merely attending conferences”.
Some of the institutes pay higher salary to the global faculty and then the domestic faculty to their own college from which motivation level of employees will decrease.
Here is the fact taken from economic times that the – the average annual income of an untenured professor in top B-Schools in the US is about $ 1500000 and roughly $ 400000 for the full time professor ..
Imagine that how much Indian B-schools will pay to these global faculties and because of this .
So what do you think as a Indian that we should use our own professor to teach or use foreign faculties to teach .