This strategic partnership encompasses the following areas of cooperation: exchange of students in the MBA and MSc (Management) programmes, exchange of faculty, development of joint research projects, development of joint executive education programmes and development of the double degree MBA.
According to NUS, the new joint MBA double degree programme aims to provide solid business training and international exposure by building on each institution’s excellence in management education. The double degree programme will increase the options for students of both institutions who want in-depth business knowledge in Europe and Asia. The programme will benefit students both ways - the NUS MBA is designed with a strong Asian focus combined with best practices from around the world, and the HEC Paris MBA focuses on building leadership characteristics that empower.
During the course, students will pursue studies at both institutions by completing 1st year core elements at one institution, and continue with 2nd year options at the second institution, earning an MBA degree each from HEC Paris and NUS. Students will also be able to leverage on the institutional and alumni networks of both schools as well as the business communities in Singapore and Europe.
While stressing on the individual strengths of both the institutes, NUS said, “The tie-up between the two institutions will achieve a higher level of synergy as both share similarities as well as complementary strengths.
HEC Paris and NUS Business School are both full academic members of the CEMS Global Alliance in Management Education, with NUS Business School being the first in Asia to be a full CEMS member. The unique partnership of 27 world-class business schools and 57 leading multinational companies aims to promote excellence in management education through the collaboration of leading academics and leading companies.”
“Academic institutions under the CEMS network are widely reputed to provide the highest standards of teaching and research. CEMS provides a platform for these institutions to tie up with its grouping of corporate partners to provide students with real-world experience and practical business skills necessary to achieve the highest level of success,” NUS commented.
NUS authority further said, “HEC Paris and NUS Business School have been consistently ranked in the top 10 positions in Europe and Asia respectively for their MBA programmes by media such as Financial Times and EIU Which MBA. HEC Paris was ranked 13th in Europe for research in the Financial Times’ Global MBA rankings 2008 while NUS Business School was ranked 4th for Research outside of North America and 2nd in Asia Pacific in the Top 100 Business School Research Ranking by University of Texas, Dallas, 2007.”
“The cooperation between NUS Business School and HEC Paris during the 1998-2008 period has been extremely rich in terms of exchange of students and faculty cooperation. This is why we can open a new phase of strategic partnership building on synergies between Europe and Asia, and on a Double Degree MBA agreement”, said Professor Bernard Ramanantsoa, Dean of HEC Paris.
This sentiment is shared by the Dean of NUS Business School, Professor Bernard Yeung, who remarked, “Our Strategic Partnership is a significant milestone and I am confident that together, we will soar to greater heights and make significant contributions to the global community. We are confident that the MBA double degree programme will enhance the educational experience of our students and significantly add value to the offerings of programmes in both schools.”