Ahmedabad: Digital technology firm Samsung India Electronics on Thursday signed a memorandum of understanding (MoU) with the Indian Institute of Management, Ahmedabad (IIM-A) to roll out a scholarship programme for its students.

Under the programme, five meritorious students from the first year batch of the management course will be selected for the Samsung scholarship which will fund the second year of their course.

Additionally, the selected students will get an opportunity to engage and interact with the company's senior management to facilitate better understanding and greater knowledge sharing.

The MoU was signed by J.S. Shin, chief executive officer and president of Samsung, south-west Asia, and Samir Barua, director of IIM-A at the institute's campus.

Shin said the programme seeks to grow beyond providing financial support to the students to encompass a healthy industry-academia partnership.

"As part of this programme, we would like to give these students a healthy exposure to our company and our industry so that we can contribute to the holistic development of these students," he said.

Barua hoped that such partnerships will contribute towards efforts to engage meaningfully with the industry and enhance opportunities for students to connect with the real world. IANS