Please reach out to UChicago Global ( for more details and to see if an MOU is the right type of agreement for your work. Joint program funding/financial contribution.Joint executive education/certificate programs.Undergraduate and graduate student exchange.Some of the most common partnership activities included in an MOU are noted below, though activities may vary depending on the needs of the partnership: What lies in between a legally binding agreement and a gentlemans agreement It is the MOU or Memorandum. What kinds of activities can an MOU facilitate? MOUs can also act as formal documentation to facilitate external funding or a grant application. data or intellectual property), as a financial commitment, or as operational resources (ie. student or faculty exchange), as knowledge (ie. ‘Value’ can be construed in a variety of ways-as human capital (ie. ‘Institutional’ implies that the collaborative activities are implemented between units, departments, centers, divisions, or entire universities, at a level higher than individual involvement. MOUs best serve their purpose when there is a clear, specific, intended exchange of institutional value between the entities. MOUs are often facilitated for joint activities that are non-binding and not legally enforceable. academic institution, foreign government) expressing an intended partnership through collaborative activity. ‘MOU’ stands for Memorandum of Understanding and is an agreement between two or more entities (ie. Frequently asked questions What is an MOU?
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