Archive · 15 Sep 2026
Swapan Dasgupta Plans Revival of India’s First Business School
Swapan Dasgupta is the new president of the board governing an important business school in Kolkata.
The school is called the Indian Institute of Social Welfare and Business Management, or IISWBM.
He visited it and met its board members and employees on Tuesday.
Dasgupta said the school was once more important than it is today.
He wants to improve its lessons and academic standards.
He also wants students to learn skills that businesses need.
Business leaders and visiting teachers from other schools may help teach there.
He said this could help prepare students for future jobs.
He described the institute as a business school rather than a charitable institution.
Swapan Dasgupta visited the Indian Institute of Social Welfare and Business Management for the first time as board president.
He said the institute’s importance has declined compared with the Indian Institutes of Management and similar institutions.
Dasgupta called for upgraded academic standards and a reshaped, more industry-oriented curriculum.
The institute may bring in business experts and visiting faculty from other institutions, including global business schools.
He linked the institute’s revival to the possible revival of trade and industry in West Bengal and the need for skilled workers.
- Who
- Swapan Dasgupta, Bengal’s finance minister and newly elected president of the IISWBM board of governors.
- What
- A board meeting and discussion on reviving and upgrading the Indian Institute of Social Welfare and Business Management.
- When
- Tuesday; the article does not provide a specific date.
- Where
- The Indian Institute of Social Welfare and Business Management campus in Kolkata, West Bengal.
- Why
- To improve the institute’s academic standards, make students more industry-ready, and restore its earlier importance.
- Institute
- Indian Institute of Social Welfare and Business Management (IISWBM)
- Historical status
- Described as India’s first business school
- New board president
- Swapan Dasgupta
- Main proposal
- Upgrade the curriculum and academic standards
- Industry focus
- Prepare students for the needs and challenges of business
- Potential faculty
- Business experts and visiting faculty from other institutions
- Regional link
- The plan is connected to the possible revival of trade and industry in West Bengal