Brown University and Instituto Empresa (IE Business School) have announced a joint initiative in teaching and research, bringing together one of Europe’s leading business schools and a leading North American research university, Brown reported Wednesday.
In February, Brown Provost David Kertzer and I.E.’s rector, Santiago Iñiguez, signed a memorandum of understanding that laid the groundwork for collaborations between the two schools. The agreement announced Tuesday is the first fruit of the agreement, Providence Business News reports.
In a news release, Brown said the schools are planning a joint initiative for research and training in commerce, entrepreneurship and organizational management. The program will see exchanges of the two schools’ faculty members and students from various programs and different academic levels. Utilizing the strengths of IE Business School in management and Brown’s excellence in the humanities, social, biological, and physical sciences, both institutions seek to foster a platform of interdisciplinary research and teaching.
Brown said the first major joint venture by the two schools would involve I.E.’s international executive MBA, offered in collaboration with Brown’s Office of Continuing Education and aimed at senior executives with more than a decade of work experience. Most of it will be taught by I.E. faculty, Brown said.
David Kennedy, Brown’s vice president for international affairs, described the new relationship as an opportunity to focus on innovative approaches to management. “The future of management and leadership education lies in re-imagining the MBA and other management programs so as to link traditional analytic skills with humanist and scientific learning, pursue interdisciplinary research across a broad range of fields relating to organizational, economic and social dynamics, and develop new pedagogic and research avenues in the fields of innovation, creativity, and entrepreneurship.”
IE Business School is ranked by BusinessWeek as the second-best business school outside the U.S. and as sixth-best worldwide by the Financial Times. Brown is one of only two Ivy League schools that does not have a business school, the other being Princeton. The university does offer a business economics concentration through its C.V. Starr Program in Commerce, Organizations and Entrepreneurship, as well as a master’s degree Program in Innovation Management and Entrepreneurship. The university said both will play a role in the partnership with I.E.
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