“This is a momentous occasion for us,” said Rammohan Rao, Dean, ISB “I am proud that ISB and IIT Madras, 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.”

Professor M S Ananth, Director of IIT Madras said, “IIT Madras has a strong tradition of research and we have been involved in management research and education for many years now. I am very glad that we have developed this synergy with ISB’s outstanding faculty. I hope that scholars from both our institutions will contribute to advancing the frontiers of management education across the world.”

Dean Rao and Professor Ananth signed the MoU today at a ceremony at the IIT Madras premises. Academicians and senior staff members from both institutions attended the ceremony.

The MoU allows Academic Associates from the 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 offered by both institutions include the following:
a) Jointly guiding/supervising academic research at the masters and doctoral levels
b) Course modules or special lectures for faculty, research scholars, students and research staff;
c) Sharing of academic materials and information/knowledge/technology resources necessary for research
d) Doing collaborative research and publishing articles in reputed journals
e) Jointly organising conferences, seminars, lecture series, round tables, or other academic meetings and events.