Business school signs agreement with Indian Institute of Management-Lucknow

The Michael G. DeGroote School of Business has formally entered into a Memorandum of Understanding (MOU) with the Indian Institute of Management-Lucknow (IIM-L) to promote graduate students and faculty exchanges and collaborative research between the two institutions.

Naresh Agarwal, professor of human resources and PhD program co-ordinator, was instrumental in initiating this relationship with IIM-L and represented McMaster University at the signing of the MOU earlier this summer. Agarwal emphasized the need for students as well as faculty to get international exposure for familiarization with current global as well as transnational perspectives.

The agreement marks the foray of McMaster University into India.”Our goal is to become global and internationalize the prospectus and curriculum of both institutions” Agarwal. He added that a key strength of IIM-L is their management development and outreach program, while the Michael G. DeGroote School of Business is strong in research and innovation. Describing the partnership as the beginning of a relationship between equals, Agarwal said IIM-L was the preferred institute because of its excellent growth rate. “The kind of set up they have established over the last 15 years is indicative of the immense potential of the institute,” he added.

“The agreement between the institutions will give students and faculty members the opportunity to expand their knowledge through joint activities and will expose students to foreign business practices,” said business dean Vishwanath Baba.

McMaster also has agreements with business schools in Norway, Britain, Mexico, Germany, France, Singapore and China.