EY works with higher education organisations to promote academic studies about emerging market challenges, drive entrepreneurship and cultivate the next generation of leaders in emerging markets through the Institute for Emerging Market Studies (IEMS). The universities that are part of the IEMS network are: Indian School of Business (ISB); HKUST Institute for Emerging Market Studies; SKOLKOVO Institute for Emerging Market Studies; China Europe International Business School (CEIBS).

IEMS is a global network of academic institutions, supported by EY, that are based in emerging markets, dedicated to the study of the impact of macroeconomics in their respective markets and the global marketplace. Its purpose is to create insightful, connected and responsive thought leadership. IEMS also aims to participate in, and lead the discussion on, various policy-making forums related to emerging markets, and inform decision-makers with insightful perspectives on issues that matter to the global economy.

ISB joined the IEMS network in 2014. At ISB, IEMS is “Initiative for Emerging Market Studies”. Within this scope defined by IEMS, ISB-IEMS seeks to fund research to increase the impact of ISB faculty on emerging markets topics.