Australia's Deakin University and Hyderabad-based Indian School of Business (ISB) today signed a memorandum of association for collaboration in the areas of research, teaching, student exchange programmes, internationalising the curriculum and development of innovative approaches for meeting international accreditation standards.
As a part of the agreement, signed for an initial period of three years starting October 21, both partners would endeavour to conduct joint research, teaching and engagement in areas of common interest, including the provision of opportunities for further internationalising the curricula of business programs offered by ISB and Deakin Business School (DBS), ISB said in a statement.
Professor Michael Ewing, Executive, Dean of Deakin Business School, was quoted as saying: "Faculty have visited each other's institutions on a few occasions already and we recently successfully piloted a joint, synchronous case study - whereby ISB and DBS students analyzed the same case-study in real-time. This is an innovative approach to enable authentic cross-cultural interaction for geographically dispersed students."
The partners have already begun to engage in academic collaboration, including exchange of resource material that are of mutual interest and assessment of units for credit for prior learning for academic programs offered at each institution.
Other activities include - student mobility programs, staff exchange programs and special short-term academic programs of mutual benefit to both institutions.
The research engagements provide collaborative and joint supervision opportunities for the doctoral students, exist across the breadth of the DBS discipline areas under the Deakin India Research Initiative (DIRI). Through DIRI, Deakin provides a full tuition fee waiver of approximately valued at USD 90,000 (Australian) and an in-country stipend paid to the student by the Indian partner, the statement added.
