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Local to Global

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

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  1. Local to Global A Common Journey of Two Uncommon Partners

  2. The American Council on EducationAnnual Meeting Washington, DC February 10-13, 2007

  3. 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

  4. 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

  5. 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

  6. 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

  7. 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

  8. 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

  9. 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

  10. 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

  11. 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

  12. 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

  13. Thank you for your kind attention.

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