The two institutions have entered into an agreement to provide more opportunities to internationalise the curriculum of both schools.
Deakin University, Australia and the Indian School of Business (ISB), India have signed a memorandum of association (MoU) for collaboration in the areas of research, teaching, student exchange programmes, internationalising the curriculum and development of innovative approaches to meeting international accreditation standards, among others.
Professor Michael Ewing, Dean of Deakin Business School, Deakin University, and Professor Sridhar Seshadri, Senior Associate Dean, Faulty and Research, ISB signed the Memorandum of Understanding (MoU) at the ISB campus earlier, to operationalise the collaboration.
The MoU has been signed for an initial period of three years starting 21st October 2015.
Speaking on the occasion, Professor Ewing, Executive, Dean of Deakin Business School said, “We are absolutely delighted to being taking this next, logical step in further cementing a long-term, mutually rewarding partnership with our friends and colleagues at ISB. Faculty have visited each other’s institutions on a few occasions already and we recently successfully piloted a joint, synchronous case study – whereby ISB and DBS students analyzed the same case-study in real-time. This is an innovative approach to enable authentic cross-cultural interaction for geographically dispersed students. We will continue to innovate, push boundaries and look for synergies in the partnership.”
Sharing ISB’s opinion on the partnership, Professor Sridhar Seshadri, Senior Associate Dean, Faculty and Research, ISB said, “ISB has been at the forefront of innovative, high-quality research and has been acknowledged as one of the most research productive Indian management institutions globally. We are happy to collaborate with Deakin University, as this is a great opportunity for us to expand the frontiers of research globally with a like minded partner”
Under the Teaching and Learning activities, the partners have already begun to engage in academic collaboration including exchange of resource material that are of mutual interest and assessment of units for credit for prior learning for academic programs offered at each institution. Other activities include student mobility programs, staff exchange programs and special short-term academic programs of mutual benefit to both institutions.
The research engagements provides exciting collaborative opportunities, and opportunities for the joint supervision of doctoral students, exist across the breadth of the DBS discipline areas under the Deakin India Research Initiative (DIRI). Through DIRI, a one of its kind initiative, Deakin provides a full tuition fee waiver of approximately valued at $90,000 (Australian) and an in-country stipend paid to the student by the Indian partner.
The partnership will be coordinated through Deakin University’s South Asia office based in New Delhi. Deakin was one of the very first international education providers to set up operations in India in 1994. The Deakin India office facilitates activities for the University wide activities in the South Asia region including recruitment, business development, partnerships, research collaboration and mobility programs for students and staff.
Established in 1974, Deakin is one of Australia’s largest universities with more than 50,000 students in four Victorian campuses across Melbourne, Geelong and Warrnambool.