The Indian Institute of Management Indore (IIM Indore) has signed two significant MoUs with prestigious global institutions to enhance its international reach and foster academic excellence.
In a move to enhance its global presence and provide exceptional opportunities for both students and faculty, the Indian Institute of Management Indore (IIM Indore) has entered into two major collaborations with prestigious international institutions: Linnaeus University, Sweden and the College of Management, National Sun Yat-sen University (NSYSU), Taiwan.
These partnerships aim to elevate IIM Indore’s stature as a global hub for education and research while offering international institutions the chance to gain valuable insights into India’s rapidly growing economy and rich cultural heritage.
First MoU with Linnaeus University, Sweden
The first Memorandum of Understanding was signed between Professor Himanshu Rai, Director of IIM Indore, and Professor Susanne Ackum, Dean of the School of Business & Economics at Linnaeus University, Sweden. This MoU marks IIM Indore’s inaugural collaboration with a Swedish institution.
Linnaeus University is renowned for its strong focus on entrepreneurship, sustainability, and global engagement, with students and faculty from over 80 countries. Professor Rai expressed his enthusiasm for the partnership, emphasizing that it will provide IIM Indore students and faculty with unique insights into Sweden’s innovation-driven economy and sustainable business practices. Together, the institutions will explore solutions to global challenges and encourage entrepreneurial thinking.
Collaboration with NSYSU, Taiwan
The second MoU was signed with Professor Shu-Chuan Jennifer Yeh, Dean of the College of Management at NSYSU, Taiwan. With its focus on technology, management, and innovation, NSYSU is an ideal partner for IIM Indore, especially considering its renowned status in research and business education. Professor Rai highlighted that this collaboration will enable both institutions to engage in cutting-edge research, exchange ideas on technological advancements, and tap into the dynamic business ecosystem of Asia.
Enhancing Student and Faculty Exchanges
Both MoUs aim to foster student and faculty exchange programs, facilitating cross-cultural learning and global exposure. These initiatives will allow participants to gain diverse academic and professional perspectives, which is crucial for preparing future leaders who can thrive in a globally connected world.
Furthermore, the agreements focus on joint research projects, conferences, workshops, and symposia, enabling institutions to address pressing global challenges and share educational resources. Professor Rai noted, "These collaborations reflect our commitment to providing students and faculty with exposure to diverse perspectives, cutting-edge research, and innovative learning experiences."
Academic and Cultural Insights for Both Sides
Q: What is the placement package for IIM Indore BBA?
Q: What are the job roles offered at IIM Indore?
There are various job roles offered across various domains during the recent IIM Indore placements 2023. The table below presents the list of job roles offered across various domains during IIM Indore placements 2023:
Domain |
Job Roles |
---|---|
Consulting |
Asset Management, Corporate Banking, Counterparty Risk, Credit Risk, Equity and Derivatives Trading, Equity Research |
General management/HR |
Business Strategy & Planning, Corporate Strategy, DealExecution, HR Consulting, Import Operations, Investor Relations |
IT/Analytics |
Bid Management, Cloud Services, Digital Application Operations, Digital Innovation, Digital Journey Owner |
Sales & Marketing |
Account Management, B2B Sales, Brand Management, Category Management |
Q: How are the summer placements at IIM Indore?
IIM Indore has released the PGP and IPM summer placement report for 2023-25 batch. The highest and average stipend offered was INR 6.6 lakh, INR 2.25 LPA, respectively. The table below showcases stipends offered to PGP and IPM students during IIM Indore summer placements:
Particulars |
Statistics (Batch 2023) |
Statistics (Batch 2024) |
Statistics (Batch 2025) |
---|---|---|---|
Highest |
INR 4 lakh |
INR 6 lakh |
INR 6.6 lakh |
Average |
INR 2 lakh |
INR 2.74 lakh |
INR 2.25 lakh |
Median |
INR 2 lakh |
INR 2.7 lakh |
INR 2.12 lakh |
Top 100 average stipend |
INR 3.10 lakh |
INR 4.22 lakh |
INR 3.97 lakh |
Top 200 average stipend |
INR 2.75 lakh |
INR 3.86 lakh |
INR 3.49 lakh |
Professor Susanne Ackum from Linnaeus University expressed her excitement about the partnership, emphasizing that Sweden and India share a spirit of innovation and entrepreneurship. She called the collaboration with IIM Indore a “tremendous opportunity,” acknowledging the B-school's reputation for academic excellence and its ability to create transformative opportunities for students and faculty alike. Swedish students and faculty will now have the chance to gain insights into India’s vibrant economy and engage with one of the world’s fastest-growing markets.
Similarly, Professor Shu-Chuan Jennifer Yeh from NSYSU emphasized the emerging synergies between Taiwan and India in the realms of technology, innovation, and business. She stated that the collaboration with IIM Indore would provide an excellent platform for joint research and educational initiatives, bringing two academic communities dedicated to excellence together.
IIM Indore’s commitment to building a globally connected future is further underscored by these collaborations. By expanding its international network, the institute continues to remain focused on its mission to produce socially conscious, contextually relevant leaders in management education.
Professor Rai added, “We are committed to expanding our global footprint and creating opportunities that transcend borders. These collaborations are just the beginning of our journey to provide high-quality, impactful education that prepares students for a rapidly evolving global landscape."
Conclusion
The new MoUs between IIM Indore, Linnaeus University, and NSYSU will open doors for enhanced collaboration in education and research, enabling all parties to address the challenges of an increasingly interconnected world. With these strategic partnerships, IIM Indore is well on its way to further establishing itself as a global leader in business education and fostering impactful learning opportunities for its students and faculty alike.
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IIM Jammu launches MDP with Field-Based Experiential Learning Activities
IIM Bangalore launches First MOOC on Sustainability and ESG in Business
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IIM Indore had concluded placements for the batch passing out in 2023. The placement statistics for IIM Indore IPM are the same as that of the IIM Indore PGP programme since in last two years of the five-year course, IPM students pursue PGP. The placement statistics from the 2020 report are as follows:
Particulars
IPM Statistics (2023)
Batch strength
568
Total recruiters
160
the highest package
INR 114 LPA
Average package
INR 30.21 LPA
Median package
INR 27.20 LPA