Monday, 26 September 2011

Ratan Tata Donation to Harvard



Ratan Tata Donation to Harvard
In October 2010, Mr. Ratan Tata, the chairman of TATA Sons donated US $ 50 Million (Rs.250 Crores) to the Harvard Business School.
This fund will go towards building a new building that will support a broad range of executive education program.
The school acknowledged that the fund was the “largest international donation in its 102-year history.”
The Tata chairman was a student of Advanced Management Program at Harvard in 1975.
“It is a privilege and pleasure to give back to Harvard a little bit of what it gave to me,” said Tata. “We are pleased this gift will support the school’s educational mission to mould the next generation of global business leaders.”
Ratan Tata taken education from Harvard Business school in 1975 in the advanced management program. And that’s why he wanted to donate this money to Harvard Business School.
There is also a debate on this donation made to Harvard Business School. According to many people the same amount of donation could be given to any great Indian Business school and in that case the Indians would be benefited more.

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