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- First-ever MoU in Bulgaria, collaboration with Sofia University St. Kliment Ohridski
- IIM Indore now has 56 foreign collaborations in 22 nations, up from 32 in 2019
IIM Indore continues its stride towards global prominence, recently sealing significant Memoranda of Understanding (MoUs) with institutions in Bulgaria and Spain. With this latest addition, IIM Indore now boasts an impressive tally of 56 foreign collaborations across 22 nations, a substantial increase from 32 institutions in 2019.
The first MoU was signed with Sofia University St. Kliment Ohridski, Bulgaria. This is the first-ever MoU of IIM Indore with an institution in Bulgaria. Prof. Himanshu Rai, Director of IIM Indore, alongside Prof. Dr. Georgi Valchev, Rector of Sofia University, signed the MoU. Sharing delight over collaboration, Prof. Rai said, “At IIM Indore, we strive to provide our students and faculty with unparalleled opportunities to engage with the world’s best institutions. This new MoU will significantly enhance opportunities for collaborative research, faculty exchange, and student mobility, providing IIM Indore’s community with access to Sofia University’s rich academic resources and extensive expertise”. Sofia University has been consistently ranked among the top universities in Eastern Europe and highly placed in the QS World University Rankings. Both institutions share a commitment to academic excellence, innovation, and societal impact. Prof. Rai said, “Sofia University’s mission to safeguard, enrich, and carry through the centuries the spirit of knowledge and the aspirations of humanity to knowledge and truth aligns seamlessly with IIM Indore’s vision of nurturing globally minded leaders who are equipped to address complex challenges and contribute positively to society”. This alignment will facilitate a productive partnership, leveraging each institution’s strengths to foster a more dynamic and globally relevant educational environment.
Prof. Dr. Georgi Valchev, Rector of Sofia University, expressed his excitement about the new partnership: “Sofia University is dedicated to advancing knowledge and fostering intellectual growth. Partnering with IIM Indore, one of the two Triple Crown Accredited B-School India, allows us to extend our academic reach and collaborate on cutting-edge research and educational initiatives. This MoU will open new avenues for our students and faculty, enhancing our mutual quest for academic and cultural excellence. We look forward to creating several joint programs that blend the academic rigor and research prowess of Sofia University St. Kliment Ohridski with the innovative pedagogical approaches and industry insights of IIM Indore, he said.
The second MoU was signed by Prof. Rai and Prof. José M. Martínez-Sierra, Director General of UPF Barcelona School of Management. UPF Barcelona School of Management, part of the prestigious Pompeu Fabra University (UPF), is widely recognized as a top-tier institution in global business education. The school holds the EQUIS and AMBA accreditations, reflecting its commitment to excellence in management education. UPF Barcelona is frequently featured in the Financial Times and QS rankings, highlighting its leadership in executive and postgraduate education. Prof. Rai said, “Partnering with UPF Barcelona School of Management aligns perfectly with our mission at IIM Indore to prepare leaders with a global vision in a research-based context. Their commitment to transformation, impact, ethics, continuous improvement, and rigor resonates deeply with our values. This MoU signifies a fruitful collaboration that will not only enrich the educational experiences of our students but also advance our shared goals of promoting innovation, social transformation, and planetary well-being.”
Prof. José M. Martínez-Sierra mentioned that UPF Barcelona is committed to preparing leaders who can make a substantial impact in the global business landscape. “Our partnership with IIM Indore aligns perfectly with our mission to provide transformative education and foster international cooperation. We look forward to working together to create innovative learning opportunities and expand our global influence”, he added.
Through this MoU, IIM Indore and UPF Barcelona will collaborate on various fronts, including executive education, joint research initiatives, and student exchange programmes. This partnership will enhance the global exposure of IIM Indore’s students and faculty, offering them access to UPF Barcelona’s world-class resources and expertise.
Prof. Rai said, “With IIM Indore now having established partnerships with 56 leading institutions across 22 countries, we are committed to providing our students and faculty with exceptional international exposure and opportunities. All our foreign partner institutions are globally recognized for their academic and research excellence, and our alliances with them will enable us to integrate diverse global perspectives into our curriculum and research endeavors. This is crucial in preparing our graduates to excel in today’s interconnected world.”
These collaborations are pivotal in enhancing the learning and research opportunities available to IIM Indore’s students and faculty. They drive forward its vision of cultivating leaders with a global outlook and the skills to make meaningful societal impacts – aligned with our mission to create socially conscious leaders, managers and entrepreneurs.