Dame Ellen MacArthur, photographed near the river Thames for Business Education.
© FT

The Massachusetts Institute of Technology in the US and Tongji University in China have become the latest universities to join the Schmidt-MacArthur Fellowship programme, which brings together academics and postgraduate students in design, engineering and business to help redesign the world economy based on the principles of circular management.

The circular management movement was established by round-the-world yachtswoman Ellen MacArthur and is an industrial system that relies on sustainability and reuse of materials and products.

Other universities that have joined the fellowship, set up by the Ellen MacArthur Foundation and the Schmidt Family Foundation, include Yale, Stanford and Berkeley in the US and London Business School, Imperial College and Cranfield in the UK.

Tongji is the first Chinese partner. “MIT and Tongji University will join a powerful interdisciplinary group of educational institutions focused on design, engineering and business as the disciplines best placed to unlock the benefits of the circular economy,” says Dame Ellen. “Their participation further builds the global reach of the Schmidt-MacArthur Fellowship.”

In education, the Ellen MacArthur Foundation runs a six-week online executive programme with Bradford University School of Management and will launch an MBA with the school in January.

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