Indian Institute of Management Indore has signed its first Memorandum of Understanding (MoU) in Russia, with the Graduate School of Economics and Management, Ural Federal University, Russia (GSEM, UrFL). The MoU signed by Professor Himanshu Rai, Director, IIM Indore and Dmitry Tolmachev, Director, GSEM, UrFU, aims at promoting and encouraging the exchange of academic staff and students. This would also include participation from both the institutions for academic activities such as exhibitions, lectures, conferences, symposia and workshops, says a press release from the B-school.
"I am delighted that we have our first partner school in Russia. India and Russia share a great history and this is a step towards building on those ties. This is also the first MoU we have inked virtually while the world is still in a partial lockdown mode," said Professor Rai.
“The objective of the MoU is to facilitate exchange of experiences and opinions to mutual benefit and promoting and encouraging activities of joint research in the field of common interest,” he added. This would also include exchange of research and educational data to be used for educational and training purposes, he added.
The agreement has come into force immediately and will remain in force for a period of five years upon mutual consent. IIM Indore is optimistic about exploring opportunities for joint programmes in the coming days.
Graduate School of Economics and Management of Ural Federal University is a recognised research and education centre adhering to international academic standards. Special features and development drivers of the school include a highly professional team, strong research potential, open international environment and close partnership with corporations headquartered in the Urals, says the press release.