Dual degree for IIM-Indore's FPM participants from Deakin University!!

 | February 24,2012 10:14 am IST

Indian Institute of Management, Indore, signed a Memorandum of Understanding (MoU) between its FPM program (Fellow Programme in Management) and Deakin University on 21st February, 2012 in New Delhi. This MoU is a part of the Deakin India Research Initiative initiated by Deakin to strengthen its Research Activities / partnerships in India.


Owing to this MoU, some of the participants undergoing the PhD program i.e. Fellowship program in management (FPM) at IIM-Indore would be getting assistance in their research from officials of Deakin University and they would also be awarded with a dual degree on completion of their research.


The Deakin India Research Initiative (DIRI) is an expansion of Deakin University's ongoing development of research models which bridge the gap between academia and industry. Discussions with organisations in India have highlighted how bridging this gap will be a major factor enabling the rapid increase in manufacturing and knowledge industries needed for growing India's economy.


Deakin Universitys Vice Chancellor Professor Jane den Hollander said that it would draw on the strengths of both institutions. There is a high degree of research alignment between Deakins Faculty of Business and Law and IIM- Indore in the areas Marketing, Management, Economics, Finance, Accounting, Information Systems and HR Management. This bodes well for a feature of the partnership where, via a PhD scholarship, an Indian student researcher will be given the opportunity to pursue a research project jointly supervised by faculty in both institutions. A key requirement for managers is an international outlook and Deakin highly values the opportunities this partnership presents for faculty and students to gain experience of the vibrant Indian economy and society, she quoted.


N.Ravichandran, the Director of IIM-Indore too welcomed this high profile partnership and said, Deakin Graduate School of Business is a premier institution ranked as one of the best in Australia. It hosts a fertile environment for research and has produced very interesting research of particular interest and implications to executives and practice. Given that the FPM program of IIM Indore is also augured towards a similar outlook, we feel that there is great synergy between the doctoral program of Deakin and the FPM program. We hope this acts as a platform for a lot of good collaborative research between the two institutions.