New Delhi : Tetr College of Business, a first of its kind global business school, today announced the launch of its education scholarship worth ₹2 crore each that will enable 15 exceptional Indian students to join the inaugural batch of its global undergraduate program, ‘Bachelors in Management and Technology’. The Tetr Scholarship, which is twice the size of the famed Thiel Fellowship, will offer these students an opportunity to live, learn and build businesses across 7 different countries including UAE, India, Singapore, Ghana, U.S, Brazil, and Italy over 4 years. As part of the program, they will get to study at the world’s leading educational institutions according to The Financial Times’ global B-school rankings – INSEAD – France (ranked 2nd) and SDA Bocconi – Italy (ranked 3rd); as well as NUS Singapore, and IIT among others. Global business, education, and technology luminaries like Daniel Garret Van Der Vliet (Executive Director, Cornell University), Manoj Kohli (Ex-CEO, Bharti Airtel/Softbank), Alexis Montesinos (Professor, MIT), Thorsten Truijens (Professor, Kellogg School of Management) and Nitin Gaur (Advisory Board Member, Stanford University) will teach these students throughout the 8 semesters.

The B school is led by Pratham Mittal (Founder of Masters’ Union), along with the likes of Viney Sawhney (Professor, Harvard University), Edward Rogers (Former Chief Knowledge Officer, NASA), Faverie Stephane (Executive Group President, Estee Lauder) and Saud Swar (CBO, American Express, MENA), as part of the founding council. Tetr aims to redefine how global business education is delivered, with a program that enables students to learn business by building businesses while traveling across the world and getting mentored by top professors and practitioners. Its undergraduate program will offer a highly experiential and immersive learning experience for students. The B-school will also establish a 1.6 million USD venture fund called ‘Tetr Launchpad’ for aspiring entrepreneurs, complemented by mentorship from an extensive network of venture capitalists, founders, and industry leaders.  

Viney Sawhney, Professor, Harvard University, said, “I have never seen such a program in my academic experience, even at prestigious institutions like Harvard. This clearly indicates that traditional business education is due for an overhaul. Tetr’s unique program addresses this gap with a curriculum that allows students to travel the world and learn business by doing business in a new country, each semester. I am excited to be working alongside a team that is pioneering a change in the world of business education globally.”

As a part of its curriculum, Tetr will offer students a holistic understanding of how to build brands, investment portfolios, and make data driven decisions rooted in local cultural context, as they travel and study across the globe. Students will get an opportunity to build an eCommerce ‘dropshipping’ business in Dubai, leverage the Silicon Valley’s ecosystem to launch a tech startup in the US and start a community driven project to design and sell a hardware product in Singapore. They will also get to learn content creation, community building and brand partnerships in Milan, launch green initiatives in the realm of EVs, wildlife conservation and renewable energy in Rio De Janeiro as well as build a consumer business catering to suburban audiences in India.

Set to commence the batch from September 2024, Tetr is offering full scholarships to 60 brightest undergraduates from across the world who will join the first batch. Out of this, 15 will be from India. Tetr will empower these individuals to develop the leadership skills they need to pursue their chosen fields.  Backed by Tetr’s entrepreneurial network, they’ll have the resources to turn their visions into reality. The B school will also welcome top SAT scorers (top 1 percentile) and those who have turned down offers from prestigious universities. To know more about the various scholarships, students could visit Tetr’s website here. The deadline for the current round of  applications is May 19.