During the Eastern Economic Forum in Russia, Indian School of Business (ISB Hyderabad) and Moscow School of Management signed MoU for the improvement of corporate sectors of India and Russia. In order to achieve goals, both B-schools will be exchanging faculties and students to initiate joint research on the ways to develop business models of respective countries.
ISB MoU Moscow School of Management Objectives
As both Business Schools aim to facilitate the corporate sector in India and Russia, there are some common objectives they wish to achieve, have a look at the objectives of ISB and Moscow School of Management collaboration:
- Development of Educational Models
- Better Executive Training
- New Business Programmes
- Improved Business Education
The MoU was signed by the ISB Dean, Professor Rajendra Srivastava and Moscow School of Management President, Andrey Sharonov at the Economic Forum where PM Nardera Modi was the Chief Guest.
Mr. Srivastava commented that India and Russia have always been close in strategising developments. Through this venture, the institutes will be bridging business policies of businessmen both countries. New ways of working would be established under this project.
Mr. Sharonov believes that India is currently undergoing some major developmental changes in the field of economic growth, Information Technology, Automotives, pharmaceuticals and Human Capital, all these factors attract entrepreneurs of the world to invest or install a business. As an objective of the MoU, Russian entrepreneurs will be motivated to invest in India. They will be taught about the current economic reforms and ways to work in India.
This project of top b-schools is going to raise budding opportunities for students and businessmen in India and Russia. Young entrepreneurs will further get a chance to expand and experiment through this Joint Ventrue.