BUSINESSWEEK EXCLUSIVE: Harvard and Stanford May be Close to Deal On Joint Executive Education Program.Business/Education Editors NEW YORK--(BUSINESS WIRE)--April 18, 2001 In the world of elite business schools, Harvard and Stanford are separated by ideology, distance, and a rivalry Rivalry Robbery (See THIEVERY.) Rudeness (See COARSENESS.) Brom Bones and Ichabod Crane bully and show-off compete for Katrina’s hand. [Am. Lit. that has them competing for students, faculty, and corporate customers. But in an uncharacteristic un·char·ac·ter·is·tic adj. Unusual or atypical: an uncharacteristic display of anger. un twist, the two now appear close to a landmark deal to merge part of their B-school operations, BusinessWeek has learned. The proposed plan: to combine the executive education arms of Harvard and Stanford into a separate entity that will design and deliver face-to-face and online programs to companies around the globe. The venture may even be run as a for-profit entity, which would allow it to operate outside university rules and to offer more incentives for faculty participation. The proposed deal will also include Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. Interactive--the B-school's online course development arm--as well as the participation of Stanford University's engineering school. "We were really motivated by a sense of the possibilities that might open up for us if we were able to join forces," says Kim B. Clark
Kim B. , dean of Harvard Business School. The B-school world had already taken to partnerships--but until now, the alliances have mostly been between U.S. and non-U.S. schools, like the deals between Columbia Business School Columbia Business School (part of Columbia University), officially named the Columbia University Graduate School of Business, and also known as CBS, was established in 1916 to provide business training and professional preparation for undergraduate and graduate and London Business School Around 800 degree students, from 70 countries, graduate from the school each year. Over 80 percent of students, and over 70 percent of faculty, come from outside the UK. A further 6,000 executives attend the school executive education programmes each year. or Wharton and France's Insead. An expanded version of the report is currently posted to BusinessWeek Online at http://www.businessweek.com/bwdaily/index.html The article will also appear in BusinessWeek's April 30th issue, to be released Thursday, April 19 at 6:30pm. |
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