Indian Institure of Management, Indore, and Indian Institute of Technogy, Indore, signed a Memorandum of Understanding (MoU). This MoU aims at improving, strengthening, and promoting relations between the academic members, students, and research groups of Indore’s two marquee institutions. The MoU was signed by Prof Himanshu Rai, Director, IIM Indore and Prof Neelesh Kumar Jain, Director, IIT Indore.
Soon to offer joint programmes
Both the institutes have agreed to work on a proposed framework of common interests and to share resources including top faculty, towards joint consulting and research. They plan to offer joint programmes in emerging domains such as AI, analytics, and technology. They are also working together for incubation centres to encourage entrepreneurship, and promote student and faculty exchange.
Prof Himanshu Rai, Director, IIM Indore said that the agreement will add significantly to IIM Indore’s reputation of being a provider of cutting-edge management expertise to 21st CE businesses. “The mutual synergies of IIM Indore and IIT Indore will allow both institutions to offer enormous value-addition to not only the students, faculty and businesses in India and globally, but it will also bring fresh perspectives and rigour to technical and management learning pedagogies whose benefits will be felt across the broader academia and industry,” he said.
New rigour
Prof Jain also welcomed the MoU and noted that this would be the first time IIM Indore and IIT Indore have collaborated officially. “This would help our students to coordinate together for various events, research, exhibitions, and so on. It will also encourage our faculty to do joint researches in the field of management and engineering both,” he said.
This MoU aims at exchanging invitations to scholars and students to participate in academic activities such as exhibitions, lectures, conferences, symposia and workshops and also facilitating exchange of experiences and opinions to mutual benefit.