 | Bala Balachandran, founder and honorary dean of the Great Lakes Institute of Management (GLIM), welcomed members of the Yale delegation to India at the official opening of the Yale-GLIM Center for Management Research on Jan. 6. |
Training the next generation of faculty in finance and management is one of the goals of the new Yale-Great Lakes Institute of Management (GLIM) Center for Management Research, inaugurated by Vice President Linda Koch Lorimer in Chennai on Jan. 6. (See related story.)
The center is a collaboration of the Yale School of Management and GLIM. Shyam Sunder, the James L. Frank Professor of Accounting, Economics and Finance at Yale, will serve as its honorary research director. Sunder will regularly visit Chennai to offer lectures and instruction in GLIM's M.B.A. course, as well as guide the research activities of the new center.
GLIM is designed to fill an important need in Chennai, which lacked a world-class management school. GLIM will draw particularly on Indian-born faculty in U.S. management schools who wish to spend time teaching or doing research in India.
While the full research agenda of the Yale-GLIM Center is still being developed, a major thrust will be on the analysis of Indian financial markets. Plans are also underway to build a live trading-room facility in the center on GLIM's campus. Other research areas are being developed to reflect the interests of visiting faculty, students and scholars, but will involve management research programs in the private, public and not-for-profit sectors, consultancy projects and other initiatives to expand the research and scholarship capacity of the Yale-GLIM Center.
A member of the Yale faculty since 1999, Sunder is a leading experimental economist and accounting theorist. His research contributions include financial reporting, statistical theory of valuation, economic theory of accounting and organizations, dissemination of information in security markets, design of electronic markets, experimental exploration of learning and expectations in monetary economies, minimal rationality economics and Japanese business and accounting. He is the author of "Theory of Accounting and Control" and is co-author of "Experimental Methods: A Primer for Economists." He has also edited several volumes, including "Japan: Why It Works, Why It Doesn't" and developed computer-based Caplab learning systems for corporate finance and investments.
Sunder earned his undergraduate degree at the I.R. Institute of Engineering in Jamalpur, India, and M.S. and Ph.D. degrees from Carnegie Mellon University. Before coming to Yale, Sunder had taught at Carnegie Mellon since 1988 as the Richard M. Cyert Professor of Management and Economics. He also served on the faculties of the Universities of Chicago and Minnesota. Sunder has held visiting professorships at the Chinese University of Hong Kong, the Kellogg Graduate School of Management at Northwestern University, the Research Institute for Economics and Business Administration at the University of Kobe, Japan, the Universitat Pompeu Fabra in Barcelona, Spain, the California Institute of Technology and the Indian Institute of Management in Ahmedabad, India. He was a Distinguished Visiting Scholar at the National Research Council in Taiwan in 1992.
T H I S
Chennai gets world-class management
school with new Yale-GLIM Center
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