IIT-Bombay and Monash Research Academy have on Wednesday announced the formal opening of their joint venture - IIT Bombay-Monash Research Academy.
Academy’s prime focus will be on creating high quality research scholars
IIT-Bombay and Monash Research Academy have on Wednesday announced the formal opening of their joint venture - IIT Bombay-Monash Research Academy.
To be located on IIT-B campus, the academy will tap the brightest young minds, give them world-class opportunities in India, and create a strong cadre of high quality research scholars who can work on projects that have high impact both nationally and globally.
A joint PhD programme has been developed and students will receive a joint accredited PhD degree from IIT-B and Monash University. IIT-Bombay students who are already pursing their PhDs in similar areas will also be able to re-register.
“There are several motivations. For instance, the stipends given at the Academy will be higher than what a regular PhD student gets at IIT-B. Again, candidates will have access to expertise, facilities and supervision of both institutes,” said Professor Juzer Vasi, acting director of IIT-B.
While an IIT-B student pursuing PhD gets Rs15,000 per month as stipend, students at the Academy will get Rs23,330. While the programme will take average of 3.5 years to complete, overall scholarship will be Rs2,24,000 per annum with students spending a minimum of three months in Australia.
After a first batch of 20 students, the Academy has already received 900 applications for the second batch. Only 20-30 students will be selected. “Of these 900 applications, more than 20 are IIT graduates. To be able to retain them in India is important and this Academy has provided a great opportunity to do so,” said RA Mashelkar, member of advisory council of the Academy.
Saying that the Academy primarily aims at providing high-grade PhD training in India for mostly Indian students, Monash University vice-chancellor and president Richard Larkins said that eventually student numbers will be increased to 200-300.
Over 60 faculty members from both institutes are collaborating and more staff will be recruited.
The initial focus will be on six cutting-edge research themes - clean energy, water,
biotechnology and stem cell research, infrastructure engineering, nanotechnology and
advanced computational engineering, simulation & manufacture.
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
)
){kind=small}
){kind=small}
)
)
)
)
)
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}