At the core of any b-school lies the most important stakeholder
i.e. the corporate sector. The tie-up between a b-school and corporate is what gives the business schools a cutting-edge advantage
. This tie-up is in the interest of both the parties. The business school gains in terms of academic inputs to its own students becoming more practical. The industry gains in terms of consulting / advisory services or training program at a reasonable cost. This is the reason why the business schools are trying to build up such symbiotic relationship.