To carry out research in the field of Financial markets, infrastructure and entrepreneurship, Indian Institute of Management in Ahmedabad (IIM-A) has tied up with corporate houses for the last six months and has raised Rs. 20 crore till date. It is the second phase of fundraising by the premiere business institution to help the research process grow further.
Credit rating agency CRISIL and ATS Infra has provided funds for researches in financial markets and infrastructure respectively. SAP has also came in terms with IIM A and has showed interest in the IIM-A’s long term goals. It has showed desire to foster the spirit of entrepreneurship with the business school in future. The three corporate bodies have roped in Rs. 1.50 crore for their term chairs in research for five years.
Professor Ashish Nanda, director of IIM-A said that they want to carry out high-quality research and the corporates have contributed significant money as well as access to data for research purpose. The contribution by these companies will help the institute to strengthen its impact and maintain quality.
The collaborations with the corporate houses would help the faculties to carry out research activities smoothly, so that they can get resources and collect data easily by hiring research assistants and managers.
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