MSE signs MoU with GE Money for setting up research lab

Chennai, July 21 (UNI) The Madras School of Economics (MSE) today signed a Memorandum of Understanding (MoU) with GE Money, USA, to set up ''The GE Money-MSE Decision Sciences and Financial Research Lab'' (GMDSFL).

The Lab is designed to support and promote quantitative research in decision sciences to test and implement fresh ideas for GE's consumer finance businesses globally.

This high-end Lab would be funded by GE Money and staffed by world class Ph.D.level research faculty and graduate students of MSE.

The MoU was exchanged between Mr David Fogarty, Vice President, Global Decision Sciences, GE Money, and Dr C Rangarajan, Chairman of Economic Advisory Council to the Prime Minister, on behalf of the Madras School of Economics.

The Lab is modelled after the success of GE's Edge lab Research partnership with the University of Connecticut and seeks to establish a collaborative environment, which promotes teamwork and emulates a real-world business setting.

The Lab aims at providing MSE a platform to facilitate cutting-edge research in finance and economics. It will provide researchers and academicians a collaborative forum to meet and exchange ideas, explore the field of decision sciences and produce white papers and research work.

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