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Most of the corporations located in Zug engage in extensive trade and currency transactions in the commodities, financial and pharmaceutical sectors. Many are subsidiaries of firms headquartered elsewhere, including such big U.S. names as Abbott Laboratories, American Home Products, Bristol-Myers Squibb, Kellogg and PerkinElmer. These firms, and others from around the world, have no trouble getting executives to transfer to Zug, or to visit. The town offers both "tax advantages and a great quality of life," says Andreas Emmenegger, CFO of Fantastic, a software company with offices in Framingham, Mass., New York City, San Francisco, Atlanta and Dallas...

Author: /time Magazine | Title: Business Class: Low Tax, High Life | 11/13/2007 | See Source »

...American university to offer graduate degrees identical to those it awards to students in Atlanta. It hopes to open a campus in Hyderabad in 2009. "No school in America can afford to be U.S.-centric these days. We need our students to understand how things work in Asia," says Kellogg dean Dipak Jain...

Author: /time Magazine | Title: The M.B.A. Export Boom. | 11/8/2007 | See Source »

...stint in grad school would help him move up into management. So last year he applied to a couple of U.S. schools and to the Indian School of Business (ISB), a six-year-old institution in the southern city of Hyderabad that has academic ties to Northwestern University's Kellogg School of Management, the Wharton School at the University of Pennsylvania, and the London Business School. He was thrilled when he got into ISB. "The more I looked, the more I realized it was on a par with U.S. schools," says Varma, who also liked the idea of being able...

Author: /time Magazine | Title: The M.B.A. Export Boom. | 11/8/2007 | See Source »

That's also the idea behind the ISB. The brainchild of Rajat Gupta, former head of McKinsey & Co., the school is funded by some of the country's biggest corporations. Kellogg, Wharton and the London Business School helped design the curriculum. Tuition for the one-year M.B.A. degree is about $43,000, and most of its 400 or so students pay full fare, although there are some scholarships. The majority of the faculty are U.S.-educated Indians, many of whom were teaching in the U.S. and have been lured home with salaries of about $75,000, five times what...

Author: /time Magazine | Title: The M.B.A. Export Boom. | 11/8/2007 | See Source »

Parthasarathy (the stress falls gently on the third syllable) has been traveling the globe for 35 years, speaking to business people--including at such bastions of commerce as Wharton, Kellogg and Harvard business schools--luring them with assertions about learning to improve concentration and productivity, eliminate stress and develop their intellectual discipline and overall well-being. His message derives from his lifelong study of the ancient system of philosophy called Vedanta, the focus of a nonprofit academy he established 19 years ago outside Mumbai (formerly Bombay...

Author: /time Magazine | Title: Swami, How They Love Ya | 10/18/2007 | See Source »

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