Overview: Discover the extensive benefits of the Foreign Exchange Program by IIM for IPM students, including global exposure, academic enrichment, and enhanced career opportunities. Read this article to understand how this program can significantly impact your education and future career prospects.

Foreign exchange programs offer you a unique opportunity to learn in a different environment. Currently, IIM Indore, IIM Rohtak, IIM Ranchi, and IIM Jammu are offering these programs to students pursuing IPM courses. These programs allow you to study abroad for a semester, helping to develop a global perspective.

These colleges provide international exchange programs to destinations such as Korea, London, France, and Peru. If you want to apply for any of these programs, read this page till the end for detailed information.

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Foreign Exchange Program by IIMs for IPM Students 2025

Foreign exchange programs by IIMs are as follows:

1 - IIM Indore

At IIM Indore, gaining both international exposure and perspective is crucial for aspiring business students like you.

Studying in a foreign country is an invaluable experience, and every student should have the chance to try it at least once during their academic journey.

This belief led to the establishment of the Student Exchange Program at IIM Indore. The program provides an enriching academic experience while the community benefits from the fresh perspectives and new ideas that foreign students bring.

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IIM Indore has academic collaborations with the following international business schools for both students and faculty members:

• Alba Graduate Business School, Greece
• Asian Institute of Management, Manila
• Auckland University of Techonology New Zealand
• Baruch College, City University of New York, USA
• Bucconi, Italy
• EDHEC, France
• Egade Business School, Mexico
• EM Lyon Business School, France
• EM Normandie, France
• EM Strasbourg Business School, France
• ESC Troyes, France
• Frankfurt Institute of Finance & Management, Germany
• Groupe ESC, Clermont-France
• IAE Aix Graduate School of Management, France
• ICN Business School, France
• IESEG, France
• International School of Management, Dortmund, Germany
• Kedge Business School, France
• MCI MANAGEMENT CENTER INNSBRUCK, Austria
• Montpellier Business School, France
• Munich Business School, Germany
• Munster School of Business and Economics, Germany
• NEOMA Business School, France
• SKEMA, France
• Solvay Brussels School of Economics & Management, Belgium
• The COPPEAD Graduate School of Business, Brazil
• The University of Erlangen-Nurnberg, Germany
• Erlangen Nuremberg, Germany
• Vienna University of Economics and Business, Austria
• ESIC Spain
• ESC Pau France
• UMEA, Sweden

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2 - IIM Ranchi

The Student Exchange Program (STEP) enables you to study abroad at partner universities, fostering cross-cultural interactions and enriching educational experiences. 

This program allows you to immerse yourself in different cultures, gain insights into local customs, and engage in unique academic offerings and specialized courses.

IIM Ranchi initiated partnerships with foreign business schools in 2014 and now has MoUs with ten foreign institutes in countries like Finland, France, Greece, Latvia, Russia, South Korea, and Taiwan. The program is open to undergraduate, graduate, and doctoral students, welcoming international students to spend a term at IIM Ranchi. 

IIM Ranchi has academic collaborations with the following international business schools:

• Alba Graduate Business School, Greece
• The American Business School of Paris
• Asian Institute of Technology, Thailand
• Audencia Nantes School of Management, France
• EMLYON Business School, France
• National Chengchi University, College of Commerce, Taiwan
• Purdue University, USA
• Turiba University, Latvia
• Ural Federal University, Russia
• Woosong University, South Korea
• University of Vaasa, Finland
• Athens University of Economics and Business, Greece

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3 - IIM Rohtak

Foreign Exchange Program by IIM Rohtak and activities are as follows: 

IIM Rohtak and Singapore Management University (SMU)

Signatories: Professor P Rameshan (Former Director, IIM Rohtak) and Professor Rajendra K Srivastava (Deputy President and Provost, SMU)

Objective: Foster academic exchange and cooperation.

Activities:

• Faculty and student exchanges
• Joint conferences and symposiums
• Faculty research workshops
• Cultural exchanges
• Collaborative initiatives in areas of mutual interest

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IIM Rohtak and California State University, Fullerton, USA

Objective: Achieve academic and organizational goals through collaboration.

Activities:

• Faculty and student exchanges
• Joint research and project guidance
• Faculty workshops and conferences
• Joint summer projects
• Establishment of Centres of Excellence at both institutions
• Cultural exchanges and other mutually beneficial initiatives

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IIM Rohtak and Kelley School of Business, Indiana University, USA

Signatories: Former Director of IIM Rohtak and President of Indiana University, Mr. Michael McRobbie

Objective: Strengthen quality management education globally.

Activities:

• Joint research and course delivery
• Faculty and student exchanges
• Joint supervision of doctoral work
• Conferences and workshops
• Development of joint academic programs for executives and new aspirants

These collaborations aim to enhance educational quality, foster global partnerships, and offer diverse academic and cultural experiences.

3 - IIM Jammu

Globalization has blurred international boundaries, necessitating managers who are adept at navigating a dynamic world. IIM Jammu aims to equip students with a globally oriented management education, preparing them for future institutional management.

The International Relations Office at IIM Jammu is forming academic partnerships worldwide, facilitating exchange programs for students and faculty. These exchanges foster an understanding of geopolitical, economic, and cultural aspects crucial for global business.

By encouraging knowledge exchange between global institutions, IIM Jammu ensures its community gains the insights needed for leadership in an interconnected world. We welcome international students to join and benefit from our inclusive education.

IIM Jammu is one of the top IIMs that partners with several universities worldwide for IPM candidates. Incoming and outbound exchange programs are offered by the college. The incoming programming is for short-term IIM Jammu or Srinagar courses.

The outgoing program is for people who want to study at another university. Outgoing students must return to college to graduate. The following universities and colleges have worked with the college.

University of Scranton, USA	The University of Alabama at Birmingham	HEM Business School, Morocco	Instituto de Estudios Superiores de Administración, Venezuela
Kazan National Research Technical University, Russia	Liverpool John Moores University, UK	Montpellier Business School, France	School of Management - University of Bradford, UK
Alba Graduate Business School, Greece	CENTRUM PUCP Business School, Peru	Deakin University, Australia	Duale Hochschule Baden-Württemberg Lörrach, Germany
ESC Clermont Business School, France	SolBridge International School of Business, South Korea	The University of The South Pacific, Fiji	-

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The IIMs' exchange programs benefit students. Due to this exchange program, many have pursued degrees from foreign universities. This program has boosted placements dramatically. If you want to study abroad, this is a fantastic opportunity.

SuperGrads can help with preparations and counselling to secure you a spot at such prestigious IIMs. Our esteemed faculty has helped numerous students get into their preferred colleges. 

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Key Takeaways

• The Foreign Exchange Program provides IPM students with invaluable global exposure, allowing them to experience different cultures, business practices, and educational systems.
• By studying at partner institutions abroad, students can benefit from a diverse range of courses and academic perspectives that complement their studies at IIM.
• Participation in the exchange program can significantly enhance students' resumes, making them more attractive to potential employers who value international experience.
• The program allows students to build a global network of peers, professors, and industry professionals, which can be beneficial for future career opportunities and collaborations.

Check: IIM IPM Admission Process