Edu-leaders

Carnegie Mellon University has announced that Kushagra Nayan Bajaj, Vice Chairman, Bajaj Group, Mumbai, has made a $2.5 million gift to endow a professorship in the university's Tepper School of Business.

The gift will be used to endow the Bajaj Family Chair, which will be held by a Tepper School of Business professor to be named by the university's president and provost. The gift will support teaching and research in a field selected by the chair recipient.

Kushagra graduated from CMU in 1997 with a degree in economics, political philosophy and finance from the Tepper School of Business. He is providing the gift through his family foundation, the Kamalnayan Jamnalal Bajaj Foundation.

"I am proud to strengthen my association with Carnegie Mellon University and this endowment is a gesture of appreciation for my alma mater. I wish the university the very best with its Inspire Innovation campaign," Kushagra said.

The gift continues Carnegie Mellon's important connections to India. More than 30 per cent of Carnegie Mellon students are from outside the US, and the majority of those students are from India. In addition, the largest concentration of CMU alumni outside of the US lives in India.

Carnegie Mellon President Jared L. Cohon said, "Through his generosity, Kushagra is further strengthening the connection between Carnegie Mellon and India. Many of our faculty and students hail from India, and the country is home to many of our alumni. Kushagra is truly a global business leader, and we are pleased to partner with him through this professorship."