The Indian School of Business and the Department of Management Studies, Indian Institute of Technology Madras, have entered into a memorandum of understanding to promote academic research at the masters and doctoral level.
Professors and academicians from both the institutions will also collaborate on joint research projects and publish their research in internationally reputed academic journals.
The MoU allows academic associates from ISB to enroll for a PhD programme in IIT Madras. They will be able to attend full courses or lectures in both the institutions.
The ISB and IIT Madras will provide adequate academic exposure and facilitate interactions with expert faculty for the associates. The MoU also allows for research scholars from IIT Madras to attend ISB courses, academic conferences, seminars, etc.
The joint programmes include academic research at the masters and doctoral levels, course modules or special lectures for faculty, research scholars, students and research staff, sharing of academic materials and information/knowledge/technology resources necessary for research, doing collaborative research and publishing articles in reputed journals, and organising conferences, seminars, lecture series, round tables, or other academic meetings and events.
"I am proud that ISB and IIT Madras, the two leading academic institutions of the country, are joining forces to encourage research activities. With the best minds working together on issues that industries face today, I am sure we will be able to produce cutting edge research that will make India proud," ISB dean, Rammohan Rao, said.
Stating that IIT Madras has been involved in management research and education for many years, its director, MS Ananth, expressed the hope that scholars from both the institutions would contribute to advancing the frontiers of management education across the world.