Australia's Deakin University and the Indian School of Business (ISB) have said they will collaborate in areas of research, teaching, student exchange programmes etc.
As a part of the agreement, signed for an initial period of three years starting October 21, 2015, both the partners would conduct joint research, teaching and engage in internationalising the curricula of business programmes offered by ISB and the Deakin Business School (DBS).
"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 analysed the same case study in real-time. This is an innovative approach to enable authentic cross-cultural interaction for geographically dispersed students. We will continue to innovate, push boundaries and look for synergies in the partnership," Ewing, executive dean of DBS, said in a statement.
According to ISB, under the teaching and learning activities, the partners have already begun to engage in academic collaboration including exchange of resource material and assessment of units for credit for prior learning for academic programmes offered at each institution.
Other activities include student mobility, staff exchange and special short-term academic programmes of mutual benefit to both institutions.
Under the Deakin India Research Initiative (DIRI), Deakin provides a full tuition fee waiver of approximately valued at $90,000 (Australian) and an in-country stipend paid to the student by the Indian partner, the B-school said.