Motilal Oswal Foundation and IIM Mumbai Announce Landmark Partnership for the Creation of Motilal Oswal Knowledge Centre
Mumbai, 07 October 2024: In a significant move set to redefine industry-academia collaboration, the
Motilal Oswal Foundation (MOF) has joined hands with the
Indian Institute of Management Mumbai (IIM Mumbai) to develop a state-of-the-art learning and research hub. The new facility,
Motilal Oswal Knowledge Centre (MOKC), will mark a pivotal chapter in IIM Mumbai’s drive to improve academic infrastructure while reinforcing the Motilal Oswal Foundation''s commitment to elevating educational standards nationwide.
Key Highlights:
· Donation of Rs. 28 Cr by Motilal Oswal Foundation.
· Motilal Oswal Knowledge Centre to be built on the IIM Mumbai campus
This philanthropic initiative is part of MOF''s larger vision to bridge the gap between education and skill development in India.
Strategic Collaboration for Industry-Relevant Education
The Motilal Oswal Knowledge Centre (MOKC) is designed to foster innovation and knowledge-sharing in key disciplines such as capital markets, business strategy, and financial research. The collaboration reflects the growing need for industry-aligned education that bridges the gap between theoretical knowledge and practical application, which is crucial for India''s evolving workforce.
The MOKC will be a multi-storey landmark, playing a pivotal role in advancing capital market research and education. The Motilal Oswal Foundation, with 33,400 square feet of dedicated space in MOKC, will drive innovation in capital markets, research, and development, reinforcing its significant role in advancing the industry. IIM Mumbai will utilise the rest of the expansive space of MOKC for modern classrooms, research labs, and support services.
Mr. Motilal Oswal, Trustee of the Motilal Oswal Foundation, said, “
This is not just an investment in brick and mortar; it is an investment in the future of India’s youth. Education is the foundation of economic growth, and we are proud to contribute to building an ecosystem that nurtures talent and innovation. We also wish to introduce Capital Markets knowledge in mainline education system in India. This knowledge centre at IIM Mumbai a step forward in that direction.”
Prof. Manoj K Tiwari, Director of Indian Institute of Management, Mumbai, emphasised the impact of the collaboration:
“The Motilal Oswal Knowledge Centre marks a significant milestone in our efforts to advance academic and research excellence. The Centre will revolutionise the way we approach research and learning. With dedicated spaces for financial research and academic innovation, this Centre will empower our students and faculty to engage in transformative work that aligns with the industry’s needs. As we expand our capabilities in education and research, partnerships like this will be vital in enabling us to continue growing as a premier institution.”
The Capital Markets Centre within the new building will provide a dedicated space for research in financial markets, making it one of the most significant initiatives in bridging academia and the corporate world.
As India strides toward its goal of becoming a $10 trillion economy by 2030, initiatives like the Motilal Oswal Knowledge Centre will play a crucial role in developing a future-ready workforce capable of driving the nation’s economic aspirations. The country''s emergence as a global economic powerhouse depends on the strength of its human capital. Through strategic partnerships like this, India is well-positioned to cultivate the skills necessary for sustained growth. The
Motilal Oswal Knowledge Centre will serve as a vital bridge between academia and industry, empowering students with the practical knowledge and expertise they need to thrive in their careers and contribute to the nation’s progress.
About Motilal Oswal Foundation:
The culture of giving back to society is deeply embedded in Motilal Oswal Group since its inception. From education to helping social causes, the company has always tried to give back to society. To formalise these social initiatives, Motilal Oswal Group’s founders decided to go a step further, and
Motilal Oswal Foundation was formed in 2011. The Foundation is driven by the company’s motto of
''Knowledge First‘. The Foundation believes that education can bring prosperity and equality in the society.
For More Info: https://www.motilaloswal.com/foundation/index.html
About Indian Institute of Management Mumbai (IIM)
Formerly known as NITIE, Indian Institute of Management Mumbai (IIM Mumbai), established by the Government of India in 1963 in the financial capital of the country, has been consistently ranking among the top B-schools in India. IIM Mumbai is committed to creating skilled professionals in diverse functional areas like Operations Management, Analytics, Finance, Marketing, Project Management, HR, Information Technology, and Sustainability Management.
For More Info: https://iimmumbai.ac.in/