10 Mar 2008

Harvard Business School Offers New Executive Education Program on South Asia Real Estate

Industry leaders will discuss opportunities, and challenges facing South Asia's emerging real estate market; Noel Tata to participate in special session

BOSTON— Harvard Business School (HBS) together with the HBS India Research Center today announced a new executive education program to be held in India in June 2008. South Asia Real Estate Seminar will be taught in Hyderabad by HBS faculty and is designed for senior executives in the real estate industry.

Participants will examine critical issues important to continued leadership in South Asia's rapidly changing real estate environment. Topics including project and corporate finance, development, and leadership will be explored using HBS case studies from around the globe.

South Asia Real Estate Seminar is for CEOs and executives with significant real estate experience, including real estate owners, principals, investors, private real estate developers, bank officers, and other industry service advisors. Attendees will have the opportunity to discuss vital industry issues with peers from around the world.

"Like so many aspects of the South Asia economy, real estate is experiencing rapid growth in a region that is fast becoming a major player in the global finance and investment marketplace. Property is the largest asset class in the world and real estate touches everyone and every business," said Harvard Business School Lecturer John Macomber. "Our program will explore the opportunities and obstacles for industry leaders planning for long-term success as this expanding industry matures and becomes increasingly sophisticated."

Participants will experience the world-renowned HBS teaching method using case studies and class participation, facilitated by HBS faculty and leading industry practitioners. On the final day of the program, Noel Tata, managing director of Trent, and director of various Tata companies including Voltas, Titan Industries, Tata Investment Corporation, Trent Brands, and Landmark, will share his perspective on the importance of real estate in a special session titled Property as the Foundation for Growth of Indian Multinationals.

"India and other South Asian countries are evolving from an explosive and opportunistic economic boom towards increasingly demanding capital markets and an even greater need for professional management," said Rakesh Khurana, Associate Professor of Business Administration, Harvard Business School. "This seminar will help South Asia's top real estate leaders chart a course that can both build world class organizations and attract significant global capital in the future."

This seminar follows closely on the heels of the recent successful Building a Global Enterprise in India program.

"The South Asia Real Estate seminar builds on our commitment to a global curriculum in executive education." said Professor David Yoffie, Senior Associate Dean and Chair of Harvard Business School's Executive Education programs. "I am thrilled that we can offer another program for senior executives in India and across South Asia that provides participants with a unique HBS experience with world-class faculty, peers, and industry leaders."

South Asia Real Estate Seminar will run from June 17-20, 2008, and will take place at the Hyderabad International Convention Center. Applications are due by May 19, 2008. Please visit http://www.exed.hbs.edu/programs/rei/ for complete curriculum details and to apply.

For more information, please contact:
Jim Aisner, jaisner@hbs.edu, +1 617-495-6157
Gunjan Bagga, gunjan@corvoshandwick.co.in, 91-11-40501200

Program Information for South Asia Real Estate Seminar
Course Curriculum: Project and Corporate Finance, Business Development, Portfolio Management Organizational Behavior


  • Rakesh Khurana, Associate Professor of Business Administration*, Member of the Organizational Behavior Unit. (*recently promoted to Professor of Business Administration, effective July 1)
  • Rakesh Khurana, Associate Professor of Business Administration*, Member of the Organizational Behavior Unit. (*recently promoted to Professor of Business Administration, effective July 1)
  • Nori Gerardo Lietz, Chief strategist, Chairperson of the private real estate investment committee of Partners Group, a leading global alternative asset management firm)
  • John D. Macomber, Lecturer, Harvard Business School. CEO, BuildingVision, Inc.; faculty co-chair of the "Real Estate Executive Seminar" and the "Real Estate Management Program.")
  • Arthur I. Segel, Professor of Management Practice. Member of the Finance and the Entrepreneurial Management Units; faculty co-chair of the "Real Estate Executive Seminar" and the "Real Estate Management Program."

About Harvard Business School

Founded in 1908 as part of Harvard University, Harvard Business School is located on a 40-acre campus in Boston. Its faculty of more than 250 offers full-time programs leading to the MBA and PhD degrees, as well as more than 175 Executive Education programs, and Harvard Business School Online, the School’s digital learning platform. For more than a century, faculty have drawn on their research, their experience in working with organizations worldwide, and their passion for teaching, to educate leaders who make a difference in the world. The School and its curriculum attract the boldest thinkers and the most collaborative learners who will go on to shape the practice of business and entrepreneurship around the globe.