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Babson College in Boston has become the first US business school to be named as an associate member of the Community of European Management Schools and International Companies (CEMS).
CEMS was founded in Europe in 1988 as a network of companies and academic institutions which offer business education. The European academic members of the network comprise one university or business school from each of 17 European countries. CEMS offers a pan European masters in management programme - MIM - which includes two semesters at two different CEMS schools in Europe and a company internship.
Since 1998, CEMS has been accepting business schools around the world as associate academic members. The addition of Babson brings the number of global associates to nine. Students with a masters degree in management from one of the associate schools are eligible for the MIM. These students join the programme for one year to work alongside their European counterparts in CEMS universities around Europe.
CEMS membership is also intended to facilitate faculty and research co-operation and PhD programme collaboration.