Faculty of Engineering Economics and Management (FEEM) and Riga Business School (RBS) of Riga Technical University (RTU) are admitted to the European Foundation for Management Development (EFMD), an international organization for business and management education.
EFMD is an international non-profit organization combining the best business and management high schools and major companies to promote management development and build socially responsible leaders and managers. EFMD implements an international approach to management education and provides a forum for information, research, collaboration and debate on best practice and innovation issues in the sphere of management development.
The joining of RTU FEEM and RBS to EFMD was supported by the existing members of the organization – Aalto University and Baltic Management Development Association (BMDA).
As the largest and leading international network organization in the field of management development, EFMD brings together nearly 900 institutional members and more than 30,000 management development professionals in academic universities, businesses, government agencies and advisory agencies in 86 countries.
Participation in the EFMD organization for the RTU FEEM and RBS academic staff and students provides a wide range of various, even unique opportunities for international cooperation – participation in conferences and events around the world where topics are related to management development, the latest research and exchange of experience, improvement of education quality and accreditation through EQUIS, EPAS, EOCCS and CLIP, as well as the EFMD GNP Deans Crossing Frontiers mentoring program (EDAF) and the Business School Impact System (BSIS).
Professor Inga Lapiņa, Vice-Dean for Academic Affairs of the Faculty of Engineering Economics and Management, emphasizes: “We hope that participation in EFMD will provide significant opportunities for cooperation, creative approach, mutual enrichment and new, innovative ideas and concepts, and we will be able to use the access to a wide range of information and services in the field of management education development. Our goal is to improve the quality of the existing study programs and projects and increase the overall efficiency of work.”
EFMD’s mission is to improve the performance and development of management education across the globe, build collaboration between business schools and businesses, create and disseminate knowledge of best practices and trends in management education and its development, provide benchmarking and impact assessment systems and accreditations, organize conferences and seminars with the aim to share the latest and most relevant information and build a network of collaboration partners, implement international projects around the world, influence international state and non-governmental organizations through advocacy and lobbying.
EFMD started its activities in 1972, its headquarters in Brussels, Belgium, with offices located in Asia and the United States.
More information on the EFMD website: www.efmd.org