St. Xavier’s University, Kolkata held the inauguration of its Xavier Business School (XBS) on August 7, 2018. The Chief Guest was Xaverian Sanjiv Goenka, Chairman of RP-Sanjiv Goenka Group and Chairman of the Board of Directors of Woodlands Medical Centre Ltd., a premier hospital in Kolkata.

The Vice-Chancellor, Fr. Felix Raj, in his inaugural address, said, “Being a Jesuit institute and inspired by the Ignatian charism, XBS aims to form global leaders for today and tomorrow to create a better world. To us, every student is indeed a burning candle that lights up other candles.”

Be entrepreneurs and not managers; that was the advice from St Xavier's University Vice-Chancellor Father Felix Raj to the first batch of students of the institute's B-school. "There is a difference between a manager and an entrepreneur. A manager will add value to a company but an entrepreneur will multiply...," Fr. Felix Raj said.

"You are beginning a new chapter in the history of St Xavier's by joining as the first batch of MBA students... Please remember once a Xaverian, you will always call yourself a Xaverian... The aim of the B-School is not just to produce managers... We are looking at future leaders of industry and the country," he said.

Being a Jesuit University, it takes inspiration from St. Ignatius of Loyola, who founded the Society of Jesus (Jesuits) about 500 years ago. The Ignatian Pedagogy is a well-known educational methodology, which is followed in several Jesuit Universities and Centers of Higher Learning. Xavier Business School will also be inspired and guided by this Pedagogy and Methodology.

XBS provides state of the art infrastructural facilities – Smart and air-conditioned classrooms, separate hostels for men and women, food courts, green environment and so on.

St. Xavier's University, Kolkata (SXUK) is the harvest of 500 years of the historic tradition of Jesuit Education. It is a part of the largest global Jesuit educational network today. It is a history with many stories, and one fire with many sparks. It is where the mind is without fear and the head is held high.

At SXUK, it is a journey with determination to illuminate one's mind with enduring wisdom. It introduces courses that blend knowledge and competence. It promotes student-centric learning in a cosmopolitan culture and conducts global exposure. It provides state of the art facilities. The motto of the University 'Nihil Ultra', meaning 'Nothing Beyond', is the guiding impulse for all Xaverian endeavours. In the spirit of 'Magis', SXUK renders 'greater service to greater number of people for the greater glory of God' (AMDG).

Xavier Business School aims at forming “men and women for others” who are competent, committed, compassionate and service-oriented leaders. XBS offers a two-year full time residential MBA programme, with specializations in Finance, Marketing, HRM and Systems & Operations.