ISB, MSM signs cooperation agreement at EEF in Russia

ISB, MSM signs cooperation agreement at EEF in Russia

Agency News

Hyderabad, Sep 6 : Hyderabad based Indian School of Business (ISB) and Moscow School of Management (MSM) SKOLKOVO signed a Cooperation Agreement at the Eastern Economic Forum (EEF) in Vladivostok (Russia), where Prime Minister Narendra Modi, was the Chief Guest.

The agreement was signed by ISB Dean Professor Rajendra Srivastava and SKOLKOVO Business School President Andrey Sharonov, at the EEF meeting, ISB said in a release here on Friday. The agreement builds upon the Memorandum of Understanding (MoU) previously signed between the two schools in India, which had already received practical implementation and has resulted in the examples of successful interaction.

ISB and SKOLKOVO Business School have jointly agreed to develop educational modules for executive training, as well as other special programmes in the area of business education with particular focus on the leading companies and corporate institutions in India, Russia and other countries.

Both the business schools also intend to exchange faculty to conduct joint academic and analytical research as well as to develop the connections between the alumni communities of the two Schools representing the entire spectrum of business and corporate circles in India and Russia.

Talking about this association, Mr Srivastava, said, India and Russia have always been strategically close. By joining forces with Moscow School of Management SKOLKOVO, we are building another bridge between the two countries that will help Russian and Indian businessmen and policy-makers to better understand each other and learn how to work together in Russia, India, and across the globe.

We are very inspired by SKOLKOVO's truly international vision and ability to work both with government as well as private sector. We look forward to working together as a strong association in a global network of business education that connects people and ideas around the world, he added.

In particular, ISB and SKOLKOVO Business School agreed to jointly develop EMBA for Eurasia, Practicum Global Shift, India Inside, Russia Deep Dive and other educational programmes for entrepreneurs and executives.

Sharing his views, Andrey Sharonov, said, “India is going through a major transformation of business and society. The diversity of this country, the rate of its economic growth, internationally recognised achievements in areas of information technology, the automotive industry, pharmaceuticals or creative sphere, the developing human capital – all this attracts entrepreneurs from all over the world who are eager to study in India, learn from India and work in India.

We strive to raise awareness of these changes among Russian entrepreneurs, and by establishing a strategic partnership with Indian School of Business (ISB) - the No. 1 business school in India, we can offer our Russian corporate and government clients, as well as foreign students, the opportunity to better understand India as a market, and as a partner and to look at this country as an example of aspirations and changes, SKOLKOVO Business School President said.

Given the scope of the opportunities that are opening up, this is only the beginning of our work, Mr Sharonov said. (UNI)