Brown University, IE to Launch New Executive MBA Program
Brown University and Spain’s Instituto de Empresa (IE) announced Monday that they will partner to launch a new Executive MBA (EMBA) program in the spring of 2011. The 15-month course, aimed at business people with 10 or more years of work experience, will include online lessons as well as classes at the campuses of both schools.
“This executive MBA program draws on the distinct expertise of both IE and Brown to address, in a new and unique way, the key issues faced by senior managers in the 21st century – from economic uncertainty and rapidly changing business models to the rise of emerging markets and increased globalization,” Santiago Iniguez, dean of IE Business School, said in a statement.
More specifically, the program will incorporate IE’s business management education with Brown’s offerings in the humanities and the social, biological and physical sciences, according to a release issued jointly by the schools. Graduates of the program will receive a degree from IE. The schools expect to accept 35 EMBA candidates in the first year, and tuition for the complete program will be $95,000.
Brown, though it does offer a business economics concentration and a master’s degree in innovation management and entrepreneurship, is one of only two Ivy League schools that does not have a business school, the other being Princeton. It will deliver the “liberal arts and critical studies” component of the program, which will use history, philosophy, legal studies and psychology “to uncover the underpinnings of society – from the dialogue between religion and secularization to capitalism and its hidden economies,” the joint news release said.
In addition to completing an online component, EMBA candidates will attend four courses on Brown’s Providence, Rhode Island campus and one at IE’s Madrid campus, each of which will be one or two weeks in duration.
“This relationship is an opportunity to focus on innovative approaches to management,” Brown President David Kertzer said in a statement. “By linking traditional analytical skills with humanist and scientific learning, IE Business School and Brown aim to pursue interdisciplinary research across a broad range of fields relating to organizational, economic and social dynamics, and develop new pedagogic avenues in the fields of innovation, creativity and entrepreneurship.”
Both schools have said they will explore other ways of partnering in the future, including through research, shared faculty and student exchanges.
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