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Memorandum of Understanding with Faculty of Economics and Business, Katholieke University Leuven, Belgium

Shailesh J. Mehta School of Management, IIT Bombay signed a Memorandum of Understanding with the Faculty of Economics and Business, Katholieke University Leuven, Belgium on the 23/12/2017. 

Under the MoU the institutes have agreed to establish a framework for student exchange to promote all-round development of students, particularly in areas of global outlook and cultural appreciation. The institutes have agreed to exchange students preferably on one to one basis for a semester or a year. The students will remain enrolled as regular candidates for their degrees at the home institution. The students will only be liable to pay fee at their home institution and will be exempted from the payment of fee at exchange institute. The expenses involved in travel, accomodation, medical insurance, books, food and subsistence cost will be taken care of by the student. The selection of the candidate to the programme will depend upon him properly being able to fulfill the criterion set up by the host institute.  

The Katholieke Universiteit Leuven ("Catholic University of Leuven"B), abbreviated KU Leuven  and also known as the University of Leuven, is a research university in the Dutch-speaking town of Leuven in Flanders, Belgium. It conducts teaching, research, and services in the sciences, engineering, humanities, medicine, law, and social sciences.

In addition to its main campus in Leuven, it has satellite campuses in Kortrijk, Antwerp, Ghent, Bruges, Ostend, Geel, Diepenbeek, Aalst, Sint-Katelijne-Waver, and in Belgium's capital Brussels. KU Leuven is the largest university in Belgium and the Low Countries. (In 2014-15, more than 55,000 students were enrolled.) Its primary language of instruction is Dutch, although several programs are taught in English, particularly postgraduate degrees.

KU Leuven consistently ranks among the top 100 universities in the world. As of 2016-2017, It ranks 40th globally according to Times Higher Education, 79th according to QS World University Rankings, and 93rd according to the Academic Ranking of World Universities. According to Thomson Reuters, in 2016 and 2017, KU Leuven researchers have filed more patents than any other university in Europe; its patents are also the most cited by external academics. As such, KU Leuven was ranked first in the publication's annual list of Europe's most innovative universities for both years.A number of its programs rank within the top 100 in the world according to QS World University Rankings by Subject. It is the highest-ranked university from the Low Countries.

The old University of Leuven was founded at the center of the historic town of Leuven in 1425, making it Belgium's first university. After being closed in 1797 during the Napoleonic period, the Catholic University of Leuven was "re-founded" in 1834, and is frequently, but controversially, identified as a continuation of the older institution.C In 1968, the Catholic University of Leuven split into the Dutch-language Katholieke Universiteit Leuven and the French-language Université catholique de Louvain, which moved to Louvain-la-Neuve in Wallonia. Historically, KU Leuven has been a major contributor to the development of Catholic theology. It is considered the oldest extant Catholic university. Although Catholic in heritage, it operates independently from the Church. KU Leuven is open to students from different faiths.