XLRI Jamshedpur Signs
MOU With Asian Institute of Management, Manilatext
XLRI Jamshedpur signed a
memorandum of understanding with the Asian Institute of Management, Manila.
Mr. F. Estrada, President AIM, was present for the event. Both parties
hereby agree to work together for mutual advantage in the following areas: -text
A. Faculty Exchange:
AIM and XLRI will exchange at least 2 faculty members per academic year. The
terms of the exchange will be as follows: -text
Selection of the faculty members
for the exchange program will be done jointly by the Deans of AIM & XLRI.text
Each selected member must spend
at least one academic term at the 'host' institute.text
During this period, each selected
member will be expected to teach at least one course in a full-time program of
the host institute. Depending on one's interests, one may also participate in
other activities such as short-term executive development programs, research
projects and seminars.text
The 'parent' institute will
continue to pay salary to its nominee for the exchange period.text
The 'host' institute will provide
free board and lodge facilities, and pay an honorarium for the teaching done by
a visiting exchange professor.text
B. Joint Executive
Development Programs: AIM and XLRI agree to jointly design, market, and
conduct short-duration executive development programs in 3rd countries -
especially in the Asian region. All responsibility, costs, and revenues will be
shared on a 50:50 basis.text
C. Joint Research:
AIM and XLRI agree to identify research themes of international, particularly
Asian, relevance and to form joint teams for carrying out research on them. The
findings of such research projects will be published jointly by the two
institutes. text
D. Case Development:
AIM and XLRI agree to launch a concerted drive to develop Asia-based cases and,
thereafter, publish jointly a compilation on an annual basis. In view of its
greater expertise in case writing, AIM agrees to conduct a workshop on the
subject exclusively for XLRI faculty on dates to be finalized according to
mutual convenience. XLRI will bear the travel expenses of AIM faculty deputed
for this purpose. text
E. XAT: In order to
attract Indian applicants for admission, AIM agrees to join the group of
business schools that accept XAT (XLRI's Aptitude Test) for admission purposes -
and to pay the standard annual fee applicable to other member institutions.
Furthermore, AIM undertakes to explore the possibility of promoting and
conducting XAT on behalf of XLRI in the ASEAN region.text
F. Joint Management Journal:
AIM and XLRI agree to jointly launch a new, international-class management
journal by January 2010. A joint 'project team' will be formed for this purpose;
it will be ready to begin its preparatory work by April 2008. text
G. Student Exchange:
AIM and XLRI agree to continue student exchange as per the agreement signed
between them earlier on December 13, 2004. text
