XIM has recently signed an MOU with the University of Stellenbosch Business School (USB), South Africa, for international collaboration. The Director of XIM, Fr. Abraham, had visited the campus and also met other international collaborators of USB. The first initiative towards XIMB-USB Collaboration would be a student exchange program over a one week elective that would provide an overview of South African Economy and Business Management in the overall context of international business. To begin with, around 10-15 students from the current second year batch at XIM would spend seven days at USB sometime between the last week of February and the second week of March 2005. In the next academic year, the same process would occur, with students of USB coming down to XIM.
XIMB has also taken the initial steps towards an international collaboration with the Graduate School of Business Economics – Higher School of International Commerce and Finance (GSBE-HSICF), Warsaw, Poland. The agreement involves the exchange of two students per year for a semester. The process is likely to begin with the current first year students of XIM. The cost would be US $ 230 per student for a month towards course fee, food and accommodation besides the travel expenditure. A one week elective option has been suggested by XIM, in order to enable the students to get a European perspective of Business Management.