The IIM-I will also provide assistance in research in the field of Big Data Analytics and Predictive Analytics based problem solutions.
An MoU to this effect was signed by the IIM-Indore director Professor Himanshu Rai, Director, IIM Indore and Lt. General M.U. Nair, SM, Commandant, MCTE, Mhow on Thursday.
Prof Rai said this is the first MoU IIM-Indore as entered with the Army. This would prove to be valuable and would encourage close cooperation amongst the defence, academia and industry to interact closely.
“The partnership is envisaged to be mutually beneficial for both institutions. For MCTE, it will be an opportunity to leverage the expertise of the faculty and research scholars of IIM in the field of management studies. For the faculty members at IIM, it would provide an opportunity to connect to practical reality in the relevant research and developmental activities thereby enriching the domain expertise,” he said.
Lt. Gen. Nair, in a statement issued by IIM-Indore said, “MCTE hosts almost 20-30 foreign students from 10 to 12 different foreign countries. Short capsules in contemporary management skills designed for these foreign students by IIM, Indore will go a long way in fostering good relations between the countries’, he said.
He noted that the collaboration establishes exchange or collaboration programs beneficial to both the Institutions and to promote the development of joint studies, research and training activities, and other educational exchanges of mutual interest between MCTE, Mhow and IIM, Indore.
The MoU will also focus on joint research, joint case studies, with special focus on Big Data Analytics and in implementation of Predictive Analytics based problem definitions with the assistance and expertise provided by IIM Indore.
It will also facilitate exchange of faculty in their field of expertise and students as trainees and interns. The MoU will also promote faculty interaction programmes, project guidelines, joint workshops, seminars and small capsule courses.