A Memorandum of Understanding (MOU) in a college is an agreement between the institution and another organization, such as a company, university, or government body. It outlines the terms of collaboration, including areas like student internships, faculty exchange, research projects, and training programs. While an MOU is not legally binding like a contract, it serves as a formal way to establish partnerships and mutual goals.

Colleges sign MOUs to provide students with better learning opportunities, industry exposure, and skill development programs. These agreements help in fostering research collaborations, organizing workshops, and improving job placements. MOUs play a crucial role in enhancing the overall academic and professional growth of students and faculty.