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MarchApril2014

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10 March/April 2014 BizEd headlines G rAnt FAi nt/G etty i MAG es headlines Expanding into Asia If you thInk AsIA has been a thriving market for busi- ness education in recent years, you're right. Data from AACSB International show that, in the past five years, the number of AACSB-accredited schools in the region has more than doubled, from 28 to 59. Meanwhile, Asian schools are deeply involved in student exchange programs and collaborations with institutions around the world; schools in Europe and the U.S. are also add- ing new Asian study programs to their curricula. Here's a sampling of some of the more recent launches: n Tsinghua University's School of Continuing Edu- cation in Beijing and Audencia Nantes School of Man- agement in France have signed an agreement to launch an international doctorate of business administration in the field of responsible management. The three-year program will be taught in English, but Chinese inter- preters will be on-site. Classes will be taught by faculty from both schools and address corporate responsibil- ity from both Eastern and Western perspectives. To accommodate the schedules of working professionals, the DBA will be taught primarily on weekends and offer a high degree of flexibility. n The University of Nottingham in the U.K. and Guangdong University of Finance in China have signed an agreement to create a new institute that will train up to 2,000 Chinese financial specialists each year. The new academy, which will be known as the Guangdong- Nottingham Advanced Finance Institute (GNAFI), will provide advanced training to senior managers from industry, commerce, financial institutes, and govern- ment organizations. The institute will be located in a new, state-of-the-art building funded by the Guang- dong regional government. Applied financial research will also be part of the core activities of GNAFI. n Four schools have launched a partnership that will allow students to gain two degrees, one from a European institution and one from a Korean institu- tion. Their goal is to nurture globally responsible leaders by immersing them in two very different cultures. The dual-degree Global Leaders in Man- agement and Public Policy (GLIMPSE) program is a partnership between ESSEC Business School in Cergy, France; the Faculty of Social Sciences at KU Leuven in Belgium; the Seoul National University Graduate School of International Studies in Korea; and KDI School of Public Policy and Management in Seoul. The GLIMPSE degree is supported by the European Com- mission and Korea's Ministry of Education, Science and Technology. n In addition, ESSEC Asia-Pacific—the Singapore campus of ESSEC Business School—has launched its Executive MBA Asia-Pacific program. The 15-month program covers business in Asia as well as leadership, personal development, and digital technology. Students will attend six-day residencies in Shanghai and New York City, and they also will benefit from ESSEC's

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