Lagos Business School today signed a Memorandum of Understanding (MoU) renewing the Indian Council of Cultural Relations (ICCR)-Exim Bank Chair of Financial Management at LBS.
With the wide-ranging MoU, which will remain in force until the end of the academic year 2016-17, LBS will host a Visiting Professor from India who will teach courses in Management, Finance, Accountancy, Organisational Behaviour etc.
The Visiting Professor, who will strongly emphasise the Indian experience in those disciplines, will also participate in activities such as departmental seminars, conferences, faculty meetings etc. Each individual appointment to the Chair would cover one semester (3-6 months).
Dr Enase Okonedo, who signed and exchanged the MoU with the Indian High Commissioner to Nigeria, Mr AR. Ghanashyam, said it was a milestone and signaled the continuation of a mutually beneficial relationship between the School and the Indian community.
“The scope of what we can do with the MoU is almost limitless. There’s so much we can learn from India because their academics are well recognised, well published and most importantly, are serving in India. I feel it will be so much beneficial to the students as well as the faculty of LBS,” she said.
“What we’re looking at is the transmission of ideas from one country to the other; this is one of the instruments through which we can achieve that,” explained Ghanashyam. “We hope this MoU, which is open-ended, will help both parties better understand and appreciate each other.”
LBS collaborates with some of the world’s leading business schools and associations in line with its efforts to remain a bastion of management education on the continent. Recently, the School also signed an MoU with Nanyang Business School, Singapore to boost the relevance of its academic/executive programmes and faculty capacity.