Bengaluru: Following Prime Minister Narendra Modi’s announcement that the Indian Institute of Management Bangalore (IIM-B) will establish its first campus in Indonesia, the institute on Tuesday said the overseas venture will be rolled out in two phases, beginning with short-duration executive education programmes (EEPs) before expanding to degree-granting courses.According to IIM-B, the IIMB (Singhasari) campus in Indonesia will focus on executive education programmes tailored for senior leaders and professionals preparing for leadership roles. The curriculum will cover core management disciplines along with emerging areas such as artificial intelligence, digital transformation, global supply chains, climate and sustainability, and healthcare.The institute will also introduce degree programmes. Candidates in Indonesia will also gain access to IIM-B’s repository of Massive Open Online Courses (MOOCs), complementing classroom instruction. IIM-B is the designated nodal agency for management education on the government’s SWAYAM platform.The institute said the initiative would go beyond academics by strengthening research collaborations, faculty development, consulting engagements, policy partnerships, student exchanges and industry linkages across Indonesia and the wider ASEAN region.“IIMB acknowledges the support extended by the Govt of India and the Govt of Indonesia in advancing this initiative and facilitating the establishment of the campus,” the institute said in a statement. The announcement follows Prime Minister Narendra Modi’s statement during a joint press interaction with Indonesian President Prabowo Subianto in Jakarta on Monday. “We are going to establish a campus of India’s prestigious management institute, IIM Bengaluru, in Indonesia, which will greatly benefit the youth across the entire ASEAN region,” Modi said.The overseas campus will come up at the Singhasari Special Economic Zone (SEZ), based on a memorandum of understanding signed between IIM-B and the Singhasari SEZ on July 6 at Indonesia’s Coordinating Ministry for Economic Affairs in Jakarta.The agreement was signed by Prof U Dinesh Kumar, Director-in-Charge, and Prof Jitamitra Desai, Professor and Member, Board of Governors, on behalf of IIM-B.Prof U Dinesh Kumar said the partnership would help build a new generation of business leaders. “This partnership will create a significant impact by developing a leadership pool that will lead not only companies in Indonesia but also global corporations,” he said.Prof Jitamitra Desai said IIM-B’s expertise in management education and research positions it well to establish Indonesia as a major destination for business education.“With our significant strength in management education and research, IIMB is well positioned to deliver high-quality, high-reputation management programmes and make Indonesia a global hub in business education. We believe that this programme will lead to significantly improved employment opportunities for Indonesian citizens and expatriates alike and push the envelope in making the Global South region the preferred destination for both quality education and business leadership,” Desai said.
