New Delhi: The Institute of Management Technology (IMT), Ghaziabad, has taken internationalisation to a new level with the announcement of partnerships with three European schools.
The institutes, namely Copenhagen Business School (CBS), Denmark, Grenoble Ecole de Management, France and International Business School of Service Management, Germany (ISS), will collaborate with IMT in terms of faculty exchange as well as research development.
Talking about the partnership with CBS, Dr Bibek Banerjee, Director, IMT, said, “It is a broad based partnership in terms of first level faculty and students exchange between the two schools as well as research cooperation.”
With over 18,000 students, CBS is among the largest business schools in Europe.
“We have identified areas where a collaborative approach will pave the way for more knowledge both in terms of the way we develop our faculties and the way we train our students,” said Dr Dorte Salskov-Iversen, Head of Department, Department of Inter-cultural Communication and management, CBS.
First hand exposure
As part of the collaboration with ISS, Indian and German students would get first-hand exposure to the business culture of the two countries in a ‘learn at work and study' model, where students pursue traineeships with corporates and study alongside.
Dr Michael Rene Weber, Chief Executive Officer of ISS, said, “We need diversity in German international companies to grow further in the future in the world. We are not facing just Europe, we are facing other areas as well. So we know we need international managers and therefore we have looked for cooperation with an Indian institute,” Dr Weber said.
The Master in Business Administration program with ISS will be divided into four parts — the first semester (six months in India), one year in Germany and the last semester in Germany or India, wherever the student wants to work.
Further, Dr Benoit Aubert, Associate Dean-Director of the Doctoral School and Senior Professor, Marketing at Grenoble also announced a partnership with IMT for a Doctorate in Business Administration (DBA) program.
“One of our biggest challenges is having a good faculty. From the supply side, good faculty is something we really struggle with, therefore we have been mulling over what IMT can do to get good faculty,” Dr Banerjee said.
The DBA program in partnership with Grenoble would be targeted at mid-and senior-level executives.
“The world is becoming smaller. In Germany, more than 50 per cent of our inhabitants are over 45-50 years old and over 50 per cent of India are younger than 25. So, you know exactly why we have to face the Indian market and other markets to grow our economy,” Dr Weber said.
