A new partnership between the Richard Ivey School of Business and Indian Institute of Management Bangalore will drive collaborative research, expanded PhD training and India-focused business cases providing insight on major companies.
The Richard Ivey School of Business at The University of Western Ontario and the Indian Institute of Management Bangalore (IIMB) signed a Memorandum of Understanding earlier this week in Bangalore, India. Ivey Dean Carol Stephenson has just returned from India for the signing.
This partnership will provide funding for joint research projects by Ivey and IIMB faculty. Ivey will also host events and international conferences to foster interactions between Ivey and IIMB faculty.
Ivey will share its distinctive case-method of learning, in the manner of Harvard Business School, via case-writing and teaching workshops at IIMB starting this November. This will support plans to create and publish cases on how major Indian companies solve problems and overcome obstacles. Ivey is already the largest producer of Asian case studies in the world.
“Both IIMB and Ivey recognize the timely opportunity to collaborate on research to develop India-based case materials to enhance business education in India and around the world,” says Carol Stephenson, Dean, Richard Ivey School of Business. “These developments will serve as stepping stones to further joint educational programs.”
Professor Pankaj Chandra, Director at IIMB, says both schools are dedicated to excellence in management education and this is an ideal fit.
“Both Ivey and IIMB can leverage this opportunity to build on the complementary strengths of each institution,” says Chandra. “IIMB also supports the case-based approach to business education and hopes to leverage Ivey’s knowledge in this area.”
Key components of the partnership include:
Expanding each institution’s research network; Encouraging joint research and authorship; Supporting PhD students pursuing course work and/or field research in Canada and/or India; Reinforcing IIMB’s emphasis on case-based teaching and writing