India’s leading SUV manufacturer Mahindra Group announced Monday it has signed a memorandum of understanding with Korea’s Yonsei University School of Business to provide educational training to the company’s employees.

Under the agreement, Mahindra Group employees will receive lectures on global strategy and marketing at Yonsei for two years. Mahindra Group also stated that they are considering an internship program for the School of Business students in the near future.

Yonsei’s School of Business was established in 1915 and has led Korea’s business development and economy through education. Mahindra Group is one of India’s leading firms, which has featured on the Forbes Global 2000 in 2014.

For Yonsei, the partnership is part of several initiatives to celebrate the 100th anniversary of its School of Business as well as the 50th anniversary of its MBA program.

For Mahindra Group, it is one of the many industry-academia partnerships it forges with leading business and technical universities around the world.

(sangyj@heraldcorp.com)