New Delhi: In a recent move aimed at grooming global business leaders, Guru Gobind Singh Indraprastha University's (GGSIPU), University School of Management Studies (USMS) has inked Memorandum of Understanding (MoU) with two international schools.

The MoUs have been signed with the Solbridge International School of Business (SISB), Woosong University (Korea), and with the Florida International University (FIU), United States.

Under the new arrangement, MBA graduates will now be able pursue the Master of International Business (MIB) programme at Florida International University (FIU).

"After students finish their MBA here, they will be eligible to do an MIB at the Florida International University. The latter also recognizes courses taken as part of the MBA at GGSIPU and waive four courses," said Mr. R.K. Mittal, Dean, USMS, IP University.

Elaborating the concession, Mittal said "When students receive such waivers, the accommodation and tuition cost automatically gets reduced. The course at FIU will cost each student around Rs.5-6 lakhs, excluding the accommodation cost. But considering the waived-off courses, students will not have to stay there for more than nine to ten months. Moreover, it is a dual degree programme."

A similar programme at the Solbridge International School of Business (SISB) will cost students around Rs.6-7 lakhs.

Further, both management schools have also agreed to jointly organize training and research programmes, seminars and workshops on areas of common interest.