IFIM Business School has inked several Memorandum of Understanding – (MOU) with leading Global Networks. Under the terms of the proposed MOU, the Global Network will plan, schedule and organise an ISP to a specific country. Possible destinations include : Germany, China (Beijing, Shanghai), Vietnam, France, Singapore, Malaysia etc. The ISP would be of a short duration (say one to two weeks) and will comprise of visits to leading educatinal institutions, MNCs, participation in sponsered cultural and social events apart from local sight seeing trips. The programme shall be Faculty led and comprise of university lectures, company visits and presentations. In effect, the field visits to shall be invariably supplemented by academic inputs and corporate interactions.

Typically, the programme contents could include an overview of the economy & FDI, visit to key industries and exposure to the financial system OR global players OR traditional industries. The ISP presents a whole spectrum of Academic -Research - Internship opportunities: from developing cross-cultural sensitivities & exposure to networking, from undertaking studies of best business practices to converting these into research cases and the like.

The focus of ISP would include :
 

• Acquire robust functional & business global perspectives.
• Acquire cross cultural skills.
• Get into a ‘super-specialization’ (thesis) mode into a ‘vertical’.
   

The Institute, on its part, may assign appropriate academic credits for on-site studies and visits carried out in MNCs and in association with Faculty Mentors explore the possibility of converting these into case studies, term papers, research papers, projects & assignments. Student participants under this programme will be exposed to the local culture, interactions with the captains of industry and carry out specific live projects and assignments.
 

In June 2008, 60 students of PGDM-IB programme carried out their ISP at Grenoble Ecole De Management, France a triple accredited B-School ranked 6th in Europe. The students attended lectures in the areas of International Financial Management, International Marketing, Logistics & supply chain management & doing Business in Europe. Industrial visits included Schneider Electric, HP, Quick Silver where senior executives made presentations in the said area with respect to their companies. At the end of the ISP, the students were evaluated and awarded certificates.

The two weeks ISP to Grenoble Business School, France was truly a global learning experience with lectures by internationally acclaimed Professors and visits to MNCs. It was an awesome experience.