Indore : Indian Institute of Management-Indore (IIM-Indore) signed a Memorandum of Understanding (MoU) with the ICICI Direct Centre for Financial Learning (ICFL), a knowledge initiative of ICICI Securities Limited, to offer programmes in finance.

This alliance intends to create a Knowledge Partnership between IIM-Indore and the ICFL.

“The partnership aims to offer programs in finance that are contemporary and focused towards helping working professionals upgrade their skills to meet the opportunities offered by a dynamic environment,” IIM-Indore media in-charge Akhtar Parvez said.

The collaboration would work on the strengths of both the partners to offer the right learning experience to professionals.

The objective of the collaboration is to establish a framework for the parties to attain and strengthen their shared objectives through design, creation, distribution and delivery of the below mentioned educational programmes.

The IIM-Indore would offer three types of programmes including Management Development Programme (MDP) of short duration ranging from two days to two weeks, e-MDP which could be delivered on a synchronous technology platform like Video Conferencing on broad band connectivity and Long Duration Programme (LDP) ranging from six months to longer period, on finance services.

These programs could be seen as events for continuous learning and knowledge enhancement by mid to senior level working professionals.

“These educational programmes offer an online, interactive platform with classrooms located at various cities in India, giving the participant flexibility to study while pursuing his/her work,” Parvez said.

Faculty members of IIM-Indore would deliver the course from the classroom studio at IIM-Indore using broadband technology. The Broadband Based Executive Education Programmes (BBEEPs) are intended to equip the participants with basic skills and competencies that are required for progression to managerial and supervisory positions in organisations.

Learners can enroll and access these programs through ICFLs Authorized Learning Centres across the country. These centres would be enabled with a state-of-the-art technology based on synchronous learning using the Video Conferencing platforms. The technology couples ease of use with interactivity through two-way communications to make learning interesting.

The MoU was signed by Rishikesha T Krishnan, Director, IIM-Indore and Vineet Arora, Executive Vice-President, Head, Product and Distribution in the presence of Professor Jayasimha KR, Chairperson, MOOCs and Broadband Programme, Neeraj Joshi, Head-ICFL, faculty colleagues and officials from IIM-Indore and ICFL.

Elaborating on the need for such an agreement Vineet Arora said, “We are very excited to associate with IIM-Indore, an institution of repute in the field of management education. We believe that this unique industry-academia association would create value for professionals looking to up skill themselves by offering programs that have the right mix of academics and a practitioner’s perspective.”

Krishnan stated that it was a proud moment for the institute to be associated with ICFL, a leading provider in the domains of financial literacy and education in capital markets and financial services. He felt that both the institutions could work together to mutually benefit both ICFL personnel and IIM-Indore students. He expressed his desire to support ICFL in all possible ways for strengthening these academic and training programmes through institute generated knowledge and research.

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