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Indian Institute of Management (IIM), Raipur, has signed a Memorandum of Understanding (MoU) with the ALBA Graduate Business School, Athens seeking student and faculty exchange programs, collaborative research projects and organization of joint academic and scientific activities. The MoU was signed by Prof. B S. Sahay, Director, IIM, Raipur and Prof. Nickolas G. Travlos, Dean, ALBA Graduate Business School, Athens.

Indian Institute of Management Raipur, currently offers Post-Graduate Programmes, Doctoral Programmes, Executive Education and Consulting Services and Research.

ALBA Graduate Business School, Athens, Greece (ALBA) was founded in 1992, through a joint initiative of the Federation of Greek Industries (ΣΕΒ), the leading Employers' Union in Greece, and the Hellenic Management Association (ΕΕΔΕ).In 1995, the Athens Chamber of Commerce and Industry (ΕΒΕΑ) joined collective body of Greek businesses under whose auspices ALBA now operates. ALBA offers Post Graduate programmes in various fields of management, doctoral programmes and Executive Development programmes.

In pursuit of common interests in teaching and research and other academic activities, ALBA Graduate Business School, Athens and IIM Raipur, agree to partner in a co-operation program aimed at facilitating interactions between the two institutes. This program shall embody a reciprocal relationship between the two institutions, which shall be guided by the following provisions of the agreement.

The co-operation program aims to foster advancement in teaching, research, cultural understanding, as well as international reputations of both institutions through: the exchange of postgraduate students, faculty members, and academic information and materials; the organisation of joint corporate training programs, joint research programs, joint conferences; and other academic exchanges that both institutions.

ALBA Graduate Business School, Greece has been accredited by AMBA and EFMD-EPAS. ALBA also has collaborations with other premium Business Schools of India like IIM Indore, and XLRI.