IIM Indore signed an MoU with the State University of New Jersey (Rutgers). The MoU was signed by Prof Himanshu Rai, Director, IIM Indore; Prof Prabhas V. Moghe, Executive Vice-President of Academic Affairs, Rutgers and Professor Eric Garfunkel, Vice-President of Global Affairs, Rutgers.
The signing of the MoU took place virtually in the presence of Kim E Pernice, Associate Director of Partnerships, Rutgers; Mohini Mukherjee, Director of International Student Services, Rutgers; Prof Ranjeet Nambudiri, Dean-Programmes, IIM Indore; Prof Sushanta Kumar Mishra, Dean-Research, IIM Indore; and Prof Radha Ladkani, Chair-IPM, IIM Indore.
Prof Rai mentioned that the MoU will strengthen ties between both the institutions, encouraging student and faculty exchange. “We will collaborate for exchange of students and developing joint degree programmes, and exchange of faculty, joint collaborative research. Valid for a period of five years, this MoU would also help us exchange best academic practices and develop newer areas of management,” he said. He also welcomed Prof Ashwani Monga, Provost and Executive Vice-Chancellor of Rutgers University-Newark on the International Advisory Board of IIM Indore, that has renowned academic and corporate leaders from around the world.
Prof Garfunkel mentioned that both the institutions will cooperate for various programmes, joint PhDs or guidance for PhDs and will involve cooperation in efforts to commercialise technologies developed at both the institutions in ways that are mutually beneficial. “We are delighted to collaborate with IIM Indore — the top ranked Indian B-school with triple crown accreditation — AMBA, AACSB and EQUIS. We believe that this collaboration would be fruitful for both the educational institutions,” he said.