Kozhikode, October 17, 2025: The Indian Institute of Management Kozhikode (IIMK), one of India’s premier management institutions and Bharat Electronics Ltd. (BEL), a leading Navratna PSU under the Ministry of Defence, Government of India have signed a Memorandum of Understanding (MoU) to enhance leadership development, management expertise, and business acumen among BEL executives.
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The MoU envisions a series of customised Professional Post Graduate Diploma (PPGD) programmes designed by IIM Kozhikode to nurture a capable and future-ready talent pool within BEL. In the initial phase, the collaboration will focus on themes such as Supply Chain Management, Marketing Management and General Management, and then expand to add other themes as per the requirement of BEL and the evolving business landscape. These programmes aim to equip BEL executives with cutting-edge management learning, strategic thinking abilities, and domain-enriching expertise that align with BEL’s long-term growth and leadership vision in an increasingly dynamic and competitive environment.
The MoU was signed in the presence of Mr. N. Vikraman, Director (HR), BEL and Prof. Debashis Chatterjee, Director, IIM Kozhikode. Senior officials from both organisations were also present at the signing ceremony.
Directors from both institutions expressed their delight over this landmark MoU, noting that the partnership reflects a shared commitment to nurturing leadership in India’s strategic sectors.
Adding further, Prof. Chatterjee shared “The signing of this MoU marks a phenomenal milestone in our long-standing partnership with BEL. The Professional Post Graduate Diploma Programme series has been carefully curated in collaboration with BEL to help their professionals grow into mindful, resilient, and visionary leaders who can steer the organisation through the challenges of a rapidly evolving business and defence landscape.”
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About Indian Institute of Management, Kozhikode: The fifth IIM to be established by Govt. of India in 1996, IIMK started its academic journey in 1997 with its flagship Postgraduate Program (PGP). The Institute is on a high growth trajectory today, offering widest range of academic programs in the field of management education. These include Doctoral Programme in Management (PhD), Executive PG Programmes, Management Development Programmes and Faculty Development Programs. IIMK set up a Satellite campus at Infopark, Kochi, in 2013 dedicated to Executive Education. IIMK has also the unique distinction of launching a PhD (Practice Track) programme for working professionals besides bringing in new dynamic courses like one-year Post Graduate programme in Business Leadership (2019) MBA in Finance and MBA in Liberal Studies & Management (2020). IIM Kozhikode also launched a one-of-its kind 4-year full-time undergraduate programme – Bachelor of Management studies in 2025. The institute is also home to IIMK LIVE a first-of-its-kind startup incubation programme, the Indian Business Museum and seven other Centres of Excellences encompassing diverse areas.
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IIMK is ranked 3rd as per NIRF Rankings 2025: Management. The institute also made its global debut for its flagship MBA and EMBA programme in the 2020/21 QS World University Rankings. In 2023, IIM Kozhikode also broke into Top-100 in Financial Times Ranking for Masters in Management (MBA) and gained 9 spots in 2024 to reach global #68. The Institute also attained global rank #70 in the FT Open Enrolment Programme for 2024. The Institute is globally accredited by EQUIS (EFMD) and AMBA (UK).
About BEL: BEL (Bharat Electronics Ltd.), a Navaratna PSU under Ministry of Defense, is a multi-product, multi technology with nine manufacturing units across the country and primarily manufactures advanced electronic products for the Indian Armed Forces. BEL’s major business segments are Radars & Weapon Systems, Communication Systems, Electronic Warfare Systems, C4I Systems, Anti-submarine Warfare Systems, Electro-Optic Systems, Gun Upgrades, Tank Electronics, Components, HLS, and Civilian products like EVM, Solar and Weather Radars. BEL has expertise on processes/technologies for making Solar Products & Semiconductors. Submitted by IIM Kozhikode PR Team