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Local to Global. A Common Journey of Two Uncommon Partners. The American Council on Education Annual Meeting. Washington, DC February 10-13, 2007. Introduction. Churchill: “Empires of the mind.” The need to change replaced by the desire to learn.

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Local to Global

A Common Journey of Two Uncommon Partners


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The American Council on EducationAnnual Meeting

Washington, DC

February 10-13, 2007


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Introduction

  • Churchill: “Empires of the mind.”

  • The need to change replaced by the desire to learn.

  • The Access Imperative in the international context.

  • Different places, same dreams.

  • FDU and IUM: Unknowing partners.

Maxime Crener, International University of Monaco


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The Brief

  • To introduce the players: FDU and IUM.

  • To describe the innovative factors in the FDU-IUM partnership.

  • To demonstrate how such cooperative activities enhanced campus internationalization.

  • To indicate future directions for growth and development.

Maxime Crener, International University of Monaco


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The Paradigm

  • Geographic/cultural locus: Same idea, different places…and problems already.

  • Focus: Learn by living.

  • Process: The Global MBA.

  • Outcome: An integrated, shared learning experience.

    Move in three steps from local to global.

Maxime Crener, International University of Monaco


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Step 1: Local to National

  • FDU reaches out to the United States: Career-oriented education close to New York City.

  • IUM reaches out to Europe: A business education specializing in finance and luxury goods and services.

  • First step accomplished!

Maxime Crener, International University of Monaco


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Step 2: National to International

  • FDU reaches out to Europe: A groundbreaking commitment.

  • IUM reaches out to the United States: Where are the partners?

  • A confluence of ideas, institutional culture, and goals.

  • What luck: Number 2 down!

Maxime Crener, International University of Monaco


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Step 3: International to Global

  • FDU and IUM join forces to reach out to the world: The power of synergy.

  • A pan-global perspective.

  • Three major joint initiatives:

  • Participation in joint research and conference presentations.

  • NGEF

  • Joint field trips around the world.

Maxime Crener, International University of Monaco


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What did we learn?

  • A great deal – from each other and together!

  • People are the same just different.

  • Some changes at IUM:

  • Revised curricula.

  • Restructured pedagogy.

  • Small class sizes.

  • Enhanced common traits.

Maxime Crener, International University of Monaco


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Other Outcomes

  • Leveraging Monaco: Europe and the world, all in one place.

  • Initiatives:

  • Revised MonacoMBA that includes the VECS.

  • New Master’s degrees in Luxury Goods and Services, and Finance.

  • The establishment of overseas operations.

Maxime Crener, International University of Monaco


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IUM Now

  • Expanded offerings: A streamlined bachelor’s, two MBA programs, and two new master’s programs.

  • MonacoMBA now number 75 worldwide in The Economist rankings.

  • MBA programs accredited by the Association of MBA’s.

  • Established the Division of External Programs to administer partnerships in France, Taiwan, China, and India.

Maxime Crener, International University of Monaco


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IUM Now

  • Refined and developed our mission to deliver an excellent business education in an unparalleled multicultural context.

  • Over 50 nationalities in a student body of 350, with faculty from more than 30 countries.

  • And now we want to do more because…

    You just never know.

Maxime Crener, International University of Monaco


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Thank you for your kind attention.


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