Renowned Canadian B-school, Richard Ivey School of Business, signed a memorandum of understanding with Gurgaons Management Development Institute  (MDI) on Wednesday, committing increased collaboration between the two institutes. The partnership aims to build a shared knowledge base for the benefit of students and faculties of both the institutions.Richard Ivey School of Business, which is a part of the University of Western Ontario, is known for its work in promoting the case-method in business education, having published thousands of case studies. The collaboration will enable MDI  students to get better access to these. "We will be able to leverage Iveys rich and accumulated intellectual capital in business case study research to further the use of case studies as a pedagogical approach at the MDI," said a representative of MDI, Gurgaon.

At the MoU signing event in Gurgaon, Carol Stephenson, dean of the Richard Ivey School of Business, talked of the B-schools interest in the Indian business environment. "Ivey publications will now develop India-based case material for business education to be taught in India as well as abroad," she said.Stephenson added that the collaborative programme would help students in India, just as it would students abroad. "The partnership will not only give Indian students exposure to Iveys real-world, field-based cases, but will also benefit foreign students by helping them garner knowledge about Indian cases."Mukul P Gupta, director, MDI, Gurgaon, said that the international partnership would be further strengthened in the coming years. "We are extremely pleased to be associated with the Ivey School of Business to develop and release publications on case materials. The collaboration will buttress the strengths of both institutes," he said.