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UCLA Anderson School of Management has become the latest business school to join forces with an institution in another part of the world to launch a global EMBA.
The school is hoping to launch a dual degree with Universidad Adolfo Ibáñez, Escuela de Negocios (UAI) in Chile. The UCLA-UAI Global Executive MBA programme - which is awaiting final approval from the University of California Office of the president - will be taught in English and participants will be awarded a degree from both institutions. The first module begins in April at the UAI Miami campus in Florida. Subsequent modules will be held in Los Angeles, Santiago and Sao Paulo.
UCLA Anderson joins a growing list of leading schools that have ventured into the global EMBA arena.
Columbia Business School, in partnership with London Business School and Hong Kong University Business School offer the Emba-Global Asia programme, whilst NYU Stern in collaboration with HEC School of Management in Paris and the London School of Economics and Political Science runs the Trium Global Executive MBA. And Kellogg School of Management runs a Global EMBA programme with HK UST Business School.
UCLA Anderson, part of the University of California system, considers the global EMBA programme a strategic priority, given the growth of Brazil and the increasing opportunities and needs in Latin America as a whole. The UCLA-UAI Global Executive MBA programme will be taught over a 15-month time frame and will be enhanced by experiential learning and company visits.
With the state of California facing a $19bn plus budget deficit and the University of California system a funding shortfall of $800m, UCLA Anderson recently announced that it was preparing to forgo public funding and would fill any funding gap with money from private donors.