Students from Oxford, internship in India

Nine undergraduate students from Oxford and Cardiff universities in Britain have been chosen for the first-ever UK-India Business Scholarship Programme. Of the nine, seven are from the Economics and Management undergraduate course at Said Business School at the University of Oxford and two from Cardiff University.
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The Scholarships give the students an opportunity to spend eight weeks working with leading companies based in India, including multinationals like HSBC, ICICI, KPMG and start-ups like Origin Wave, Boudoir, Get Through Guides.The scholarships were awarded by the UK-India Business Council (UKIBC), a government sponsored body charged with representing business needs to enhance bilateral trade and investment between the UK and India, to create a new generation of ambassadors to build relationships between the businesses of the two countries. Over the summer of 2007, UKIBC worked closely with the team at the Oxford University India Business Centre to help shape the contours of the Scholarship. Speaking about this unique initiative, Sharon Bamford, CEO, UKIBC said: "This exchange will strengthen our aim to position 'modern' India in the minds of the next generation and also strengthen the business, trade and investment ties between India and the UK. "Our early research amongst the wider business community indicated that at best UK business has a 20th century view of India and at worst, a 19th century view. Next Generation India emphasises enterprise, entrepreneurship, talent and ideas emerging from both India and the UK, whilst also highlighting exciting business opportunities emerging from the Indian market." Owen Darbishire, Dean of Undergraduate Programmes at Said Business School said: "We are delighted to be involved in this excellent initiative which provides an extraordinary opportunity for students. "It also perfectly aligns with the goals of the Oxford University India Business Centre which is designed to ensure that we share ideas and learn from the many innovative business practices in India."