CHICAGO, DECEMBER 11, 2004
IANS

Dipak Jain, the Indian American dean of Kellogg School of Management, is the fourth highest paid official in Northwestern University here.

In 2003, Jain earned $576,137, more than the university's School of Medicine dean Lewis Landsberg, who earned $560,411, a survey by the Chronicle for Higher Education reported.

Northwestern University president Henry Bienen earns more money than other presidents of private institutions in the Chicago area and several peer institutions across the country, the survey said.

In 2003, the university paid Bienen $644,969. Bienen was one of 42 private college presidents with a compensation of more than half a million dollars.

The group of private-college presidents earning a salary that high increased 56 per cent in the 2003 fiscal year.

The average private university president's salary jumped above $400,000 for the first time to hit $459,643.

Alan Cubbage, vice-president for Northwestern University relations, said the university could not comment directly on the president's pay and salary trends.

"The salaries are set by the board of trustees and reviewed by the compensation committee," Cubbage said. "It's all up to them to review the president's performance."

Bienen's 2003 salary -- which combines about $547,000 in base pay with slightly less than $100,000 in benefits -- is higher than earnings of presidents at peer institutions, including Duke, Brown and Stanford universities.

Private universities geographically near Northwestern University also paled in presidential pay.

The University of Chicago paid its president about $100,000 less -- $540,374 to be exact -- in 2003.

Dipak Jain Receives Pravasi Bharatiya Samman Award
Named one of most eminent Non-Resident Indians in 2004

Professor Dr. Dipak Jain, now Dean of the Kellogg School of Management, and Visiting Professor at Sasin for 15 years is among twelve 2004 recipients of the prestigious Pravasi Bharatiya Samman Award.

Instituted by Government of India last year, the award is annually given to eminent Non-Resident Indians (NRI) and Persons of Indian Origin (PIOs) for their meritorious contribution in political, economic, social, academic and cultural fields. [Pravasi means living abroad, Bharatiya means Indian, Samman means Great Honor.]

Prime Minister Atal Bihari Vajpayee of India will present the awards in New Delhi today to Dean Jain and 11 other recipients including the late Kalpana Chawla, the Indian American astronaut who died along with six other crewmembers aboard Columbia space Shuttle in February 2003; the late Justice Ahmed Moosa Ebrahim of Zimbabwe; Bharrat Jagdeo, President of Guyana; Mahendra Pal Chaudhry, Fiji; Dr Marian Chisti, Kuwait; Lord Meghnad Desai, UK; Narinder Singh Kapany, US; Shashi Tharoor, US; and Sukhi Turner, New Zealand.

The nominations for the award are invited from countries where there are sizeable number of NRIs and PIOs. This year there were more than 100 nominations for the award.

Dean Jain, who was feted by Sasin at a congratulatory ceremony yesterday after the news was released said “ When I came here this morning, the question was asked ‘If this award were to be given by the Prime Minister of Thailand to a Thai living abroad, who could it be?’ The answer was Dipak Jain. I feel so much a Thai. Thailand was the first country to honor me with an award to acknowledge me for my contributions.This is the only countryIi visit where I teach and spend 3 weeks in a row. It has become more like home."

Dean Jain has taught in Sasin's MM (Executive MBA) and MBA programs for 15 consecutive years. For 10 years prior to becoming Dean, Professor Dr. Dipak Jain served as Kellogg Academic Director of the Sasin Program . He has also been a regular speaker in the 3-week Senior Executive Program (SEP) held in August every year.

In March 2003 Dean Dipak was appointed to Prime Minister Thaksin's Eminent
Persons Advisory Board in the field of foreign affairs.

For the past year, Dean Dipak has also been closely overseeing the "Branding
Thailand" project, a joint endeavor by Kellogg Schoolof Management and
Sasin Graduate Institute of Business Administration of Chulalongkorn
University. This marketing study is strengthening Thailand's competitiveness
in global markets, and was instigated at the request of Kellogg alumnus
Finance Minister Dr Somkid Jatusripitak , who earned his own PhD from
Kellogg.

NRIs and PIO's Who are Flocking to Pravasi Bharatiya Divas Jamboree

The start of the three-day Pravasi Bharatiya Divas jamboree falls on January 9th every year to mark the date in 1915 that Mahatma Gandhi finally returned to India after almost two decades in South Africa. It will be attended by more than 1,500 NRIs and PIOs from 16 countries. Some of the leading personalities who have confirmed their participation are Bharrat Jagdeo, President of Guyana who will be the chief guest, Pravind Kumar Jugnauth, Deputy Prime Minister, Mauritius, Dr Basdeo Pandey, formerPrime Minister Trinidad & Tobago and Satveer Chaudhary, State Senator, US, Noble Laureate Sir V S Naipaul, Management Guru Mr. C K Prahalad, Eminent Economist Prof. Jagdish Bhagwati , Dato Seri Sami Vellu, the Minister from Malaysia , Lord Bagri of UK, Mr. LN Mittal the business tycoon of UK and the veteran West Indies Cricketer Rohan Kanhai. Some leaders of Indian Industry to address the gathering include Mr. Mukesh Ambani, Chairman of India's largest conglomerate Reliance Industries and Mr. Sunil Mittal, Chairman of Bharti Telecom.

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EVANSTON, MAY 27, 2003

It was an unusual speech by the Indian American dean of a top rated business school who focused not on strategies to forge ahead but on sanskar , or cultural values, to weather turbulent times.

Giving the concluding remarks at the India Business Conference, Dipak Jain, dean of the Kellogg School of Management, spoke of how his Indian sanskar helped him.

No sooner had he taken over in July 2001, Jain said, than one bad news led to other - the economic slowdown, the September 11 terror attacks in the US, corporate scandals, geo-political instability and the SARS epidemic.

His sanskar , Jain said, helped him withstand the setbacks. "This sanskar or Indianness is embedded in us. We are very fortunate in having been brought up in this culture of caring and innovation. It is our greatest strength."

Going down memory lane, Jain recalled the first Alumni Reunion dinner he attended after joining the Kellogg School in 1987. Almost immediately after entering the dinner hall, he was confronted by the then dean Don Jacobs who admonished him publicly for "partying" instead of focusing on his research.

A chastened Jain took his advice to heart and published a number of papers for the next eight years. Soon thereafter, Jacobs chose him as his associate dean.

Jain who is known for accessibility, has travelled several times in the pilot's cabin on his numerous flights within the US.

"That was before September 11," he said, adding that he saw similarities between his job and that of the pilot of a commercial airliner. "Our main job is to anticipate turbulence. As a dean, it is my job to anticipate market changes. I am a big believer in being pro-active rather than reactive."

Under Jain, the Kellogg School has been ranked as the top management school in the world by the Economic Intelligence Unit, a sister company of The Economist , and by Businessweek magazine