TWO TOP SCHOOLS SIGN MONUMENTAL PARTNERSHIP COUNTRY: India/Australia
‘DIRTY CASH’ WIDENS
REACH OUTSIDE BUSINESS SCHOOL COUNTRY: France SCHOOL: EDHEC Business School
SCHOOL: Indian School of Business and the University of Sydney Business School
Since 2005, students at EDHEC Business School have been able to analyse organisations’ exposure to the crime business and the strategic measures required to limit the effects through its Criminal Risks Management Chair. Its rationale is that the business of crime – whether it relates to trafficking and money laundering or cybercrime and piracy – is a dangerous reality for many companies. This is true both for established multinationals and young startups, and warrants the attention of business and management students. The Chair’s Director, Bertrand Monnet, has now widened its reach by taking its lessons to streaming giant, Netflix, in the form a four-part documentary series. Entitled Dirty Cash (or Le Business du Crime in France, where it is broadcast by RMC Story), this kicks off with a look at Mexico’s Sinaloa cartel in May. Studying the cartel over a period of seven weeks, Monnet’s observations cover the cartel’s production of drugs, as well as its money-laundering techniques and sales strategy. The documentary switches between its on-the- ground survey of the infamous criminal enterprise and supply chain, and classroom-based analyses in the presence of EDHEC students. At the Business School, courses provided by the Criminal Risks Management Chair have combined academic presentations with those of large companies on the subject of risk management strategies, as well as field interviews filmed with characters in the crime business, such as hackers, pirates and counterfeiters. The potential of the chair’s output for public education has been clear to EDHEC for a while – Monnet has produced several in-depth reports for Le Monde since 2017, including a series on the Sinaloa cartel at the end of 2020. Monnet began his career as an officer in the French army, before becoming an advisor to numerous companies on criminal and terrorist risks. He lectured on criminal risks management at HEC Paris for a period of three years prior to joining EDHEC in 2005. / TBD
The Indian School of Business (ISB) and the University of Sydney Business School (USBS) have entered a five-year academic partnership. Representing ISB’s first extensive partnership with an Australian Business School, this was launched on a webinar on 9 June 2021. The two triple-crown institutions signed a Memorandum of Understanding, which encompasses research, coursework education, corporate engagement and policy development for a post Covid-19 world. More specifically, a dual master’s degree is planned, as well as executive education programmes, and doctoral mobility. Dean of the University of Sydney Business School Professor Greg Whitwell said: ‘In the face of what seems an increasingly divided world since the outbreak of the Covid-19 pandemic, we must seize opportunities to deepen our partnerships with international institutions. Despite the challenges of distance, we are delighted to celebrate this new partnership with such a prestigious institution and look forward to many more collaborations with the Indian School of Business.’ ISB, which is celebrating its 20th anniversary this year, is one of the largest providers of executive education in Asia and the most research productive Indian Management institution. The School has two campuses in India, located in Hyderabad and Mohali. USBS, is the oldest Business School in Australia and offers teaching and research in accounting, business analytics, business information systems, business law, finance, international business, marketing, strategy innovation and entrepreneurship and work and organisational studies. Professor Rajendra Srivastava, Dean of the Indian School of Business said: ‘I am confident that ISB’s comprehensive partnership with University of Sydney Business School will usher in new insights based on multidisciplinary research that will contribute to management thought leadership, and in designing new trajectories in management education globally.’ / EB
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