The Carroll University School of Business has been granted membership by the EFMD, a globally recognized membership organization and accrediting body for business schools, business school programs and corporate universities. Carroll’s School of Business is the only institution of higher learning in Wisconsin to earn this distinction.
“We are pleased to join this globally distinguished association of management, education and development. The EFMD’s sense of moral and ethical responsibility meshes well with our heritage, our practices, our Ethos and all that we stand for,” said Carroll President Cindy Gnadinger. “This accomplishment also supports several goals in our strategic plan, which include building a world-class School of Business facility, leveraging partnerships that focus on entrepreneurial thinking and growing the Carroll brand.”
Carroll University School of Business Dean Hamid Akbari said three elements were critical in deciding Carroll’s acceptance into the organization: its tradition of cross-cultural experiences (CCEs) for students, a sense of moral and ethical responsibility, and the partnerships Carroll has forged—and continues to forge—with the community.
“The strength of our cross-cultural experiences (CCEs) is the foundation to prepare our students for internationalization, which is one of the requirements for EFMD membership,” Akbari said. “When Carroll alumni return to speak with today’s students, they remember the business knowledge and expertise learned here. But what stays with them most is the sense of ethics they learned at Carroll, the tradition of infusing graduates with a sense of ethics and a sense of community with the nation and the world.”
Regarding partnerships, Akbari said: “We are engaged with the world of practice, not just covering the important concepts and theories, but also connecting to companies, not-for-profit entities and government, locally and nationally, and membership in this prestigious organization can become an entry point for international collaboration.”
Membership also benefits students and faculty. “For students, it is a sign their school, faculty, dean, administration and leadership are committed to high-quality international, relevant ethical education,” Akbari said. “Meanwhile, our business faculty will have international access and exchange via conferences, webinars, and even having their online courses certified.”
Other American institutions whose business schools belong to the EFMD include Howard University, Northwestern University, Pepperdine University and the University of Pennsylvania’s Wharton School of Business. Business members include Microsoft, U.S.; L’Oreal, France; Daimler AG and Siemens AG, Germany; Experis (Manpower), Norway; and Nike’s European operations, The Netherlands.
Based in Brussels, Belgium, with offices in Geneva, Hong Kong, Miami and Prague, EFMD boasts a network of 30,000 management professionals from academia, business, public service, and consultancies, and plays a central role in shaping global approach to management education. It also provides a forum for information, research, networking, and debate on innovation and best practice.