core sector communique

Singapore Management University & IIM Bangalore Establish Partnership

Boosting Research & Post-Graduate Education in Management

Singapore & Bangalore, India, May 28, 2012: The Singapore Management University (SMU) and Indian Institute of Management Bangalore (IIMB) today entered into a Memorandum of Understanding (MoU) in management research and education.

The MoU will facilitate joint research and publication by faculty of SMU and IIMB, the organization of research seminars and workshops, and support for research projects in research centers at both institutions in areas of mutual interest. SMU and IIMB also intend to invite doctoral students and junior faculty to participate in Summer Institutes / Winter Institutes to be hosted or co-hosted by the institutions. The MOU also provides for the exploring of joint executive education, faculty exchange, and graduate student mobility between the two institutions.

Commenting on the significance of the formalisation of the alliance between SMU and IIMB, Professor Rajendra K. Srivastava, SMU’s Provost and Deputy President (Academic Affairs) said, ”The rapid emergence of many Asian nations, with India and China as forerunners, has resulted in the region’s robust growth and a profound transformation of the global economic landscape. Given the strong presence of both Bangalore and Singapore in Asia, we look forward to the IIMB-SMU collaboration playing a major role in the development of the Bangalore-Singapore educational and commercial axis.”

Professor Pankaj Chandra, Director, IIM Bangalore, remarked, ”IIMB’s efforts are aimed at emerging as the premier research school out of India. The partnership with SMU will reinforce this strategic direction. It will provide access to research and teaching opportunities in South-East Asia and create global opportunities and visibility for our students and faculty.”

Given the common focus of both SMU and IIMB and their leadership positions in tertiary education as well as management research in their respective geographies, this tie-up is expected to boost research productivity at both institutions. The collaboration is also in line with SMU’s strategic investment in developing Asian market insights and cross-border management capabilities.

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About the Singapore Management University

Incorporated in 2000, the Singapore Management University (SMU) was set up as Singapore’s first publicly-funded autonomous university with a vision to be a premier university internationally recognised for research and education centred on “The World of Business and Management”. SMU is home to more than 7,200 students and it comprises six schools – the Lee Kong Chian School of Business, School of Social Sciences, School of Information Systems, School of Accountancy, School of Economics and School of Law. SMU is one of the youngest universities to receive AACSB accreditation and is accredited for both its business and accounting undergraduate and postgraduate programmes. SMU’s Lee Kong Chian School of Business has also been conferred the prestigious EQUIS accreditation. At the heart of SMU's emergence as a leading global learning centre are its various research institutes and centres of excellence. These centres focus not only on business, financial and economic growth but also on social innovation and entrepreneurship.

SMU has built up a body of high quality leading edge research that is relevant and responsive to the needs of ociety especially Asian issues with global impact. 

About IIM Bangalore

Established in 1972, the Indian Institute of Management Bangalore (IIMB) today offers a range of post-graduate and doctoral level courses as well as executive education programmes. IIMB Centres of Excellence are engaged in adding value to their communities in the areas of Public Policy, Capital Markets & Financial Management, Corporate Governance, Entrepreneurship, Public Policy, Software and Supply Chain Management, to name a few. In June 2010 IIMB obtained the European Quality Improvement System (EQUIS) accreditation awarded by the European Foundation for Management Development (EFMD). With a faculty body from amongst the best universities worldwide, IIMB is a leader in the area of management research, education and consulting.