CUEA signs MoU with IESEG School of Management

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The University signed a memorandum of understanding with IESEG (Scientific Institute of Economics and Management*) School of Management from Lille, France, on January 12, 2015.

The MoU initiated by the Faculty of Commerce, will see the exchange of students between the two institutions, exchange of professors, exchange of administrative personnel, joint research projects, conferences and publications, and finally double degree and joint programme development and implementation among other agreed upon activities conducive to the deepening relationship between the two partners.

Speaking at the ceremony the VC, Msgr. Dr. Pius Rutechura noted that strategic partnerships with institutions such as IESEG are critical for the growth of the university.

On his part Prof. Stephen Murdoch, the Associate Dean- International indicated that IESEG has been awarded two international accreditations: European Foundation for Management Development (EFMD), quality improvement system (EQUIS), and Association to Advanced Collegiate Schools of Business (AACSB).

IESEG’s agreement with CUEA is the first in Eastern Africa and Prof Murdoch noted that this was critical for even cultural exchanges whereby, ‘we will be able to learn how other people think’.

IESG School of Management was established in 1964 in Lille, and is one of the main business schools in France. In 2014 it was ranked 21st in the world by the International Financial Times magazine. It is part of the Catholic University of Lille, the largest private university in France in terms of student population and endowment.

The MoU was also witnessed by Prof Aloys Ayako, the Dean, Faculty of Commerce and Hanane Elkouari, Head of Africa Network, IESEG School of Management.

*Original in French: Institut d'Economie Scientifique et de Gestion (IESEG).