Jun 09, 2021
Indian School of Business inks comprehensive partnership with University of Sydney Business School
Providing a major impetus in fostering new and futuristic paradigms in management education, two triple-crowned Business Schools, the Indian School of Business (ISB) and University of Sydney Business School (USBS) have entered a five-year partnership, which is one of the most comprehensive of its kind.
These two world-class business schools have signed a Memorandum of Understanding (MoU) to promote research collaborations, academic exchange, and student mobility. Cooperation between the two schools will be explored in academic research, doctoral research, coursework education, corporate engagement and in contributing to policy development in and for a post-COVID world. The partnership is ISB’s first comprehensive partnership with an Australian School in the business and management field, which was launched formally today at a webinar.
Professor Rajendra Srivastava, Dean of the Indian School of Business said: “The need of the hour is to forge new academic partnerships that will enhance ISB’s global insights and presence through exchange of ideas and people. I am confident that ISB’s comprehensive partnership with University of Sydney Business School will usher in new insights based on multidisciplinary research that will contribute to management thought leadership and in designing new trajectories in management education globally.”
Dean of the University of Sydney Business School, Professor Greg Whitwell, said: “In the face of what seems an increasingly divided world since the outbreak of the COVID-19 pandemic, we must seize opportunities to deepen our partnerships with international institutions. Despite the challenges of distance, we are delighted to celebrate this new partnership with such a prestigious institution and look forward to many more collaborations with the Indian School of Business.”
Joint initiatives being planned include a dual master’s degree, which would be delivered both at the University of Sydney and the Indian School of Business, executive education programmes, as well doctoral student mobility and co-supervision. Both schools see international immersion as a core requirement for developing future-ready graduates. In 2019, the University of Sydney was ranked the largest student mobility program in Australia for the second year in a row.
Speaking at the event, Mr Brett Galt-Smith, Counsellor (Education and Research), Australian High Commission, New Delhi, said: “ Today’s partnership fits very well with India - Australia bilateral ties and augurs well for both the countries”. He called on the need to capitalise on the soft power of education and further build on its untapped potential. He underlined that India’s new National Education Policy will go a long way in internationalisation of education and it will bring in more value to the educational set-up. Ms Ruchika Jain, First Secretary, Press Information & Culture, High Commission of India, Canberra, Australia, said: “The partnership between Indian School of Business and University of Sydney Business School will facilitate new opportunities and interactions between both the countries”.
About the Indian School of Business
The Indian School of Business (ISB) is a global business school offering world class management education to professionals at its two LEED rated green building campuses – Hyderabad and Mohali. A rich and vibrant pool of research-oriented resident faculty, robust academic partnerships, thriving alumni network, and backing of an influential board and guidance of industry’s thought leadership has enabled ISB to fast emerge and consolidate itself as a premier global business school in the emerging markets. The school is also one of the largest providers of executive education in Asia and the most research-productive Indian management institution.
The school, over the last twenty years has grown at a rapid pace and has earned several prestigious accolades. ISB is the youngest business school to consistently rank among the top global MBA programmes. In December 2019 Poets & Quants gave ISB an integrated ranking of #16 worldwide across FT, Forbes and Bloomberg Businessweek. The resident faculty is ranked in the top 25 globally in terms of per capita research productivity in the leading global management journals. ISB had the honour of receiving accreditations from the Association of MBAs (AMBA), EFMD Quality Improvement System (EQUIS) and the Association to Advance Collegiate Schools of Business (AACSB). ISB gains the unique distinction of becoming the 100th business school in the world to achieve the coveted ‘Triple Crown’ accreditations- AMBA, EQUIS and AACSB. ISB envisions to become an internationally top-ranked, research-driven, and independent management institute that grooms future leaders for India and the world. To know more about ISB, please visit: www.isb.edu.
About the University of Sydney Business School
Founded in 1920, the first of its kind in Australia, the University of Sydney Business School offers teaching and research across Accounting, Business Analytics, Business Information Systems, Business Law, Finance, International Business, Marketing, Strategy Innovation and Entrepreneurship and Work and Organisational Studies. It is also home to the Institute of Transport and Logistic Studies. The University of Sydney Business School is ranked 15th in the Asia-Pacific region by the Financial Times Top 20 Business Schools in the Americas and Asia-Pacific 2018. It also holds triple crown accreditation from AACSB, AMBA and EQUIS, placing them in the top one percent of business schools worldwide.