Newswise — Babson College and France's EM Lyon have signed a wide-ranging agreement to cooperate on a full range of student oriented programs, curriculum development, entrepreneurial hatcheries, executive education programs, as well as faculty exchanges, and research projects.

The two business management institutions will collaborate on projects to benefit both students and faculty at both institutions.

Student Oriented Collaborations

Babson and EM Lyon will create a regular flow of students in both directions through student exchange protocols, establishing short term courses run in both institutions, specifically designed for hosted students.

Curriculum Oriented Collaboration

Babson and EM Lyon will develop a global Master of Science (MSc) program with Zhejiang Business School (China).

Hatchery Collaboration

Babson and EM Lyon will work together on hatchery programs that incubate new entrepreneurship ventures. If relevant, both schools will expand this relationship to include Zhejiang Business School.

Executive Education Oriented Collaborations

At the executive program level, Babson and EM Lyon will develop joint courses, whether in degree or certificate programs, and examine the appropriateness of online and other distance learning approaches.

Faculty Oriented Collaborations

Babson and EM Lyon will endeavor to exchange faculty for sabbatical or temporary assignments, strive for research collaboration, and encourage opportunities for visiting faculty.

Both schools will encourage the teamwork of individual faculty members between the two institutions.

Babson will cooperate with EM Lyon on its Symposium for Entrepreneurship Educators, inviting EM Lyon faculty to explore the entrepreneurial process and core topics in the discipline.

Joint Research Collaboration

Both Babson and EM Lyon will encourage the undertaking of joint research collaboration either for faculty-to-faculty projects, Babson centers to EM Lyon centers, or in larger collaborative ventures where several universities are joining forces.

The Babson centers and projects that will become points of collaboration include: The Arthur M. Blank Center for Entrepreneurship; the Global Entrepreneurship Monitor (GEM) project; the Diana Project; the Glavin Center for Global Management; the Center for Women's Leadership; Case Writing activities; and the Family Enterprising Project .

Patricia Greene, Babson Provost, said "this partnership with EM Lyon—an outstanding European school—is an important step in developing research and educational programs that will enable our students to be entrepreneurial business leaders any where in the world."

About EM Lyon Grande Ecole

Founded in 1872 by the local business community, affiliated to the Lyon Chamber of Commerce and Industry, EM Lyon (Ecole de Management de Lyon) is a European Institution in the French "Grande Ecole" tradition devoted to lifelong learning for entrepreneurial and international management.

About Babson College

Babson College in Wellesley, Mass., is recognized internationally as a leader in entrepreneurial management education. Babson grants BS degrees through its innovative undergraduate program, and grants MBA and custom MS and MBA degrees through the F.W. Olin Graduate School of Business at Babson College. Babson Executive Education offers executive development programs to experienced managers worldwide. For information, visit www.babson.edu.

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