IIM Udaipur Signs Multiple MoUs with Digital Companies

Promotes joint research and industry scoped DIY projects

September 24th, 2020; Udaipur: Indian Institute of Management Udaipur signed Memorandum of Understanding (MoU) with Aparaa Digital Pvt Ltd. (RoundSqr), Zero Code Innovations Pvt. Ltd. and Quinte Financial Services Pvt. Ltd. to expand focus area in AI, business process orchestration and Fintech, to enable joint research and industry projects for students.
The B-school has entered into this multi-collaboration with these startups to enable a platform for DIY projects that are based on real industry challenges. The students shall get an opportunity to solve these challenges using digital technologies under the supervision of industry experts.

On this association, Prof. Janat Shah, Director, IIM Udaipur said, “The learnings from the projects and interactions with these companies will help our students become industry-ready. The practical experience of working on industry-relevant projects at the intersection of the latest technologies and business management will make our students management-ready for the digital industry.”

“Deepening the ties between Industry and Academia always paves the way for high-quality research and more relevant graduates. We are delighted to collaborate with IIM Udaipur, one of the leading B-schools in India, to work on some real-life AI/ML projects. This partnership is in line with RoundSqr’s commitment to sharing its knowledge and experience with the Managers of tomorrow, in the field of data science,” said Mr Srinivas Atreya, Chief Data Scientist, Aparaa Digital Pvt Ltd. (RoundSqr).

Mr Bharath Kumar, CEO, Zero Code Innovations Pvt. Ltd. said, “This collaboration is a step forward in serving the future of business in easing technology dependency.”

“The kind of management education that will now be required in the ‘new normal’ will determine the future of entrepreneurship and commerce. The institutions who are anticipating the needs of students and corporations and coming up with tailored responses are going to stand out. It is our pleasure to collaborate with IIM Udaipur and help make a difference,” said Mr Sriram Natarajan President, Quinte Financial Technologies Pvt Ltd.
As a part of the alliance, the companies will hold knowledge transfer workshops, organize special training and consultations on the program, and assist and mentor students throughout the tenure. IIM Udaipur shall also invite the said startups for the campus placement process in the final placement of the batch.

IIM Udaipur’s Centre for Digital Enterprise, launched India’s first one-year MBA program in Digital Enterprise Management, earlier in May 2020. CDE is engaged in formalizing collaborations with renowned organizations such as IBM, ITC Infotech, Deloitte, Accenture, Infoedge, Quikr, TCS etc. for IIMU, in the digital space. These engagements are for a better learning experience for the students and their development.

About IIM Udaipur: –
The IIMs have a proud record of quality and accomplishment. IIM Udaipur is positioned to carry forward this illustrious legacy and is breaking ground by focusing on world-class research and transforming the learning of students who will be managers and leaders of tomorrow. The Institute has arrived on the global education stage by getting accreditation from the AACSB (Association to Advance Collegiate Schools of Business) in merely eight years of its establishment. With this accreditation, IIM Udaipur is now counted in the same league of global institutes like Harvard Business School, Wharton School at the University of Pennsylvania and the MIT Sloan School. IIMU has recently been listed on the QS 2020 Masters in Management (MIM) Rankings as well as the Financial Times (FT) MIM Ranking 2019. IIMU is the youngest B-school in the world on both these rankings. According to the National Institutional Ranking Framework (NIRF) 2020, IIM Udaipur is ranked 17th amongst all B-Schools. IIMU is currently ranked 4th in India for research in the field of management according to the methodology used by UT Dallas which tracks publications in the leading global journals.