Institute for Business in the Global Context

Coordinates: 42°24′27.58″N 71°07′18.08″W / 42.4076611°N 71.1216889°W / 42.4076611; -71.1216889

Institute for Business in the Global Context (IBGC)
Formation 2011
Type Educational organization
Purpose Study international business
Location
Executive Director
Bhaskar Chakravorti
Parent organization
The Fletcher School of Law and Diplomacy, Tufts University
Subsidiaries The Council on Emerging Market Enterprises (CEME)
Website http://fletcher.tufts.edu/IBGC

Institute for Business in the Global Context (IBGC) is an educational organization founded in 2011, devoted to international business studies, within The Fletcher School of Law and Diplomacy, at Tufts University. IBGC houses the school's Master of International Business (MIB), and the think tank Council on Emerging Market Enterprises (CEME).[1][2]

Activities

IBGC lists four core activities: education, research, conferences and practical training.[2][3] For the education focus, it houses the two-year residential Master of International Business degree program (MIB)[4] which combines the flexibility of the international affairs curriculum with a core of business courses.[5][6] The research arm of the Institute is the Council on Emerging Market Enterprises (CEME).[7][8]

CEME's areas of focus include Country Management and Doing Business in BRICs,[9] Inclusive Growth,[9][10][11] Innovation and Change,[9] and Sovereign Wealth Funds and Global Capital Flows.[9]

In addition, the Institute engages with global entities and businesses through its Speaker Series,[12][13] Global Consulting,[14][3] and Executive Education programs.[1] The institute also provides funding to select Fletcher degree candidates.

History

Prior to foundation

In the late 1970s the Fletcher school started to incorporate some international business and finance courses within a curriculum traditionally centered on international politics.[15]

In 2007 the Fletcher school created the Master of International Business program (MIB) and the think tank Center for Emerging Market Enterprises (CEME), both of which were launched in the fall 2008[7][16] along with several new international business centered initiatives at The Fletcher School.[17]

These new initiatives, under the auspices of Dean Stephen W. Bosworth, were part of the Fletcher school's strategy of connecting the study of business with its larger social, cultural and political context.[5][7]

Fletcher alumnus and co-founder and former executive director of Mercer Oliver Wyman, Charles N. Bralver, was appointed the first Senior Associate Dean for International Business and Finance at the Fletcher School from 2007 to 2010 and was Executive Director of the MIB and CEME during that period.[7]

Establishment

In 2011 Bralver was succeeded by Bhaskar Chakravorti. Chakravorti is a former partner of McKinsey & Company, and held research and teaching positions at MIT and Harvard University.[18][19]

As the Senior Associate Dean of International Business and Finance,[20] Chakravorti founded the IBGC and incorporated within it the MIB and CEME. The new institute serves as umbrella department to host the school's international business education and research.[2][4][5][21]

He defined the purpose of IBGC as "creating cross-linkages between business and the broader contextual factors that affect business and vice versa", adding that subjects could include "geography, history, cross-border issues, security questions, diplomacy and cultural issues."[1] He argued that Fletcher's unique approach to business lies in that "there is a lot of overlap of business decisions with the public policy arena and issues like international trade, peace and conflict, humanitarian issues, inclusive growth issues. These are not the kind of topics that business schools normally talk about".[16]

In December 2013 CEME's full form name was changed to Council on Emerging Market Enterprises.[9][22]

Partnerships

Several business schools have partnered with the Fletcher School to offer dual masters degrees or exchanges in international affairs and business, for students wishing to address issues at the intersection of business and policy, and tackle questions of political context.[23] These include Dartmouth College's Tuck School of Business, China Europe International Business School, HEC Paris, IE Business School (Spain), Indian School of Business and Higher School of Economics (Russia).[6][24][25][26]

References

  1. 1 2 3 Tanikawa, Miki (Nov 19, 2012). "Executive courses turn to niche areas: Working professionals return to classrooms with more than business aims" (PDF). International Herald Tribune. Paris. p. 14. Archived (PDF) from the original on 2014-02-02. Retrieved Jan 21, 2014.
  2. 1 2 3 "About (IBGC)". Medford, Massachusetts: The Fletcher School of Law and Diplomacy. Archived from the original on 2013-12-23. Retrieved Feb 1, 2014.
  3. 1 2 "IBGC Lab". Medford, MA: The Fletcher School of Law and Diplomacy. Archived from the original on 2013-12-23. Retrieved Mar 6, 2014.
  4. 1 2 "Master of International Business". Medford, Massachusetts: The Fletcher School of Law and Diplomacy. Archived from the original on 2014-01-23. Retrieved Feb 1, 2014.
  5. 1 2 3 Chakravorti, Bhaskar (Jan 27, 2012). "Teaching Global Business". Wall Street Journal (Online) (Interview). Interview with Melissa Korn. Retrieved Feb 1, 2014.
  6. 1 2 Bradshaw, Della (November 19, 2012). "Breaking down the boundaries of business and law; Commercial law has traditionally been about setting up companies rather than making business decisions, something that schools are looking to change, writes Della Bradshaw". Financial Times. London, England. p. 3 (Section: FT Report - Innovative Law Schools). Archived from the original on 2013-02-02. Retrieved Mar 6, 2014.
  7. 1 2 3 4 Anderson, Linda (March 26, 2007). "Degree for a complex world FLETCHER SCHOOL: The Master in International Business combines academic with practical, says Linda Anderson". Financial Times. p. 12. Retrieved Jan 20, 2014.
  8. Knight, Rebecca (January 22, 2007). "A class act for professionals TAILORED PROGRAMMES: The Fletcher School is branching out and offering executive courses after demand from corporate clients, says Rebecca Knight" (PDF). Financial Times. p. 12. Archived (PDF) from the original on 2014-02-02. Retrieved Jan 20, 2014.
  9. 1 2 3 4 5 "The Council on Emerging Market Enterprises". Medford, Massachusetts: The Fletcher School of Law and Diplomacy. Archived from the original on Dec 23, 2013. Retrieved Jan 20, 2014.
  10. "The Fletcher School Examines Cost of Cash in the United States". Master Card. May 9, 2012. Archived from the original on 2013-05-17. Retrieved Jan 20, 2014.
  11. "Ajay Banga Talks About a Cashless World at The Fletcher School". Master Card. November 9, 2011. Archived from the original on 2013-05-30. Retrieved Feb 1, 2014.
  12. "IBGC Speaker Series". Medford, Massachusetts: The Fletcher School of Law and Diplomacy. Archived from the original on Jan 23, 2014. Retrieved Feb 1, 2014.
  13. Kaminski, Adam (October 18, 2013). "Professor speaks on Turkey's position in business and politics". The Tufts Daily. Archived from the original on 2014-02-04. Retrieved Feb 1, 2014.
  14. "Global Consulting Program". Medford, Massachusetts: The Fletcher School of Law and Diplomacy. Retrieved Feb 1, 2014.
  15. Campbell, Colin (Apr 4, 1984). "Fletcher, America's First School for Diplomats, Turning 50 Amid Changes". The New York Times. p. A14. Archived from the original on 2014-02-13. Retrieved Feb 10, 2014.
  16. 1 2 Schiller, Ben (Jan 17, 2011). "The inexorable rise of the MBA politicians: Politics attracts plenty of management graduates but opinions are divided on their effectiveness in office, writes Ben Schiller". Financial Times. p. 12. Retrieved Feb 1, 2014.
  17. "The Fletcher School at Tufts University Celebrates 75 Years of Preparing the World's Leaders". Business Wire. Oct 6, 2008. Retrieved Feb 1, 2014.
  18. Guerrero, Antonio (May 2011). "Pause For Thought". Global Finance. 25 (5): 46–48.
  19. "Dr. Bhaskar Chakravorti". Medford, Massachusetts: The Fletcher School of Law and Diplomacy. Archived from the original on December 26, 2013. Retrieved Jan 20, 2014.
  20. Hill, Andrew (April 23, 2012). "Citizenship matters but adaptability is key". Financial Times. Retrieved Feb 1, 2014.
  21. Hoare, Stephen (April 18, 2011). "Overseas learning entices those bitten by the travel bug; Many young Emiratis are combining study with their yearning to sample life overseas, says Stephen Hoare". The Times. London. p. 12,13.
  22. "The Center on Emerging Market Enterprises". Medford, Massachusetts: The Fletcher School of Law and Diplomacy. 2013. Archived from the original on Oct 23, 2013. Retrieved Jan 22, 2014.
  23. Palin, Adam (Nov 5, 2012). "Schools try to widen their political horizons". Financial Times. Retrieved Feb 1, 2014.
  24. Finn, Widget (April 7, 2011). "A better view from abroad; Overseas Being cheaper is just one of the advantages of studying for an MBA overseas. By Widget Finn". The Independent. London. p. 12 (Education section). Archived from the original on 2013-01-02. Retrieved Mar 5, 2014.
  25. Gohain, Manash Pratim (December 3, 2012). "ISB Mohali campus inaugurated by FM P Chidambaram". The Times of India (TOI). Archived from the original on 2012-12-06. Retrieved Mar 6, 2014.
  26. "Fletcher School Signs Partnership Agreement With Russia's Higher School of Economics". Medford, MA: The Fletcher School of Law and Diplomacy. October 28, 2011. Retrieved Mar 5, 2014.


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