Issue No. 362

27 September - 3 October 2001

MIM, MSM sign Memorandum of Understanding

The Maastricht School of Management of the Netherlands and the Malta Institute of Management have just signed a Memorandum of Understanding, thus setting the ball rolling for the development of a brand new regional MBA Programme for the Euro-Mediterranean area.
Joe Abela Fitzpatrick, president, and George Papagiorcopulo, honorary secretary, of the MIM held discussions in Maastricht, with Leo Delcroix, managing director, and with Dr Jerry Huxell, associate dean, of the MSM, on the setting up of a new MBA Programme for the Euro-Mediterranean region. Mr Delcroix, a former Minister of Defence of Belgium, said that MSM was pleased to sign the document with MIM, and augured that this new joint initiative will have as much success, as both parties were already enjoying under present arrangements.
The Memorandum of Understanding calls on both sides to work together to carry out a number of necessary detailed studies, including academic and financial, as well as to establish direct contacts with a number of education and other authorities and third parties in countries within the Euro-Mediterranean area, and to then set up the MBA programme. Both MSM and MIM believe that Malta is ideally placed at the centre of the Mediterranean to run, administer and manage this new regional MBA programme out of Malta, and are hoping to have this up and running within a period of 15 months.
“This is very good news for Malta and for our institute,” Mr Abela Fitzpatrick said. “Our Institute has a long standing relationship with MSM, which runs 65 Outreach Programmes all over the world similar to the one that we run for them in Malta. Yet again, MSM have reaffirmed the very high regard they have, not only of our institute, but more importantly of our numerous Maltese students, of their calibre and of their competencies.
“We are very proud that they continue to place us in their Class ‘A’ category, and even more proud that as a result of all this, they have given their full commitment and backing to the setting up of a brand new MBA programme for the Euro-Mediterranean area with us. These are indeed exciting times for Malta, and for our institute. We intend to take up this new challenge with vigour and determination, and to make sure that this new venture will be at least as successful for MSM and for us, as everything else we have done with MSM up until now. This will take MIM to new horizons.”
During their visit to MSM, MIM officials also met with Prof. Dr Luc Soete, director dean of MSM, and renewed cooperation agreements on existing management education programmes already running in Malta. The parties also discussed recognition by the University of Malta, of the MBA Outreach Programme run by MIM in Malta, which remains pending.

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