Under the agreement, the schools will explore cooperation in areas such as student and career services, and work together to develop joint curricular and research initiatives.
The ADL School of Management is a subsidiary of the international consulting firm Arthur D. Little, Inc. and offers the only US-accredited master's degree program in management outside of a university. ADLSOM will relocate from Cambridge to Boston College during the next year.
CSOM and ADLSOM administrators said the arrangement will provide a new model for graduate and executive management education.
"This unprecedented initiative creates an innovative vehicle for management education that combines the advantages of a corporate university and a traditional business school," said CSOM Dean John J. Neuhauser. "It also combines the expertise of two excellent, but distinctively different, management programs in a collaboration that will complement both organizations' goals and objectives."
ADLSOM shares with CSOM a practical, experience-based approach to management education, according to ADLSOM Dean Thomas E. Moore.
"The ADL School of Man-agement's tradition of blending leading-edge management theory with corporate practice stems from Arthur D. Little's global consulting experience," he said. "This alliance is particularly appropriate because we share this tradition of applied learning with the Carroll School of Management."
CSOM Associate Dean Hassell H. McClellan, who directs the school's graduate division, called the alliance "a good strategic fit," adding that "increased synergy between traditional business schools and the corporate world is imperative to prepare executives for the challenges of the 21st century.
"This partnership provides the Carroll Graduate School of Management with an unequaled portfolio of management programs," he added. "It represents an innovative and logical extension of the graduate school's strategy of complementary programs and professional joint degrees, such as our Master of Science in Finance, MBA/JD, MBA/MSW and international programs."
Partnerships between business schools and corporate universities are on the rise, administrators noted, and studies estimate that by 2000, one-third of corporations expect to grant degrees in partnership with universities. But while most partnerships revolve around small-scale projects limited to the sponsoring company's employees, the CSOM-ADLSOM alliance is the first to involve two major institutions in a venture that will include extensive sharing of resources and facilities, and provide educational services to a broad range of customers.
"This alliance will establish a standard for the growing convergence of corporate and traditional business education," said Neuhauser.
Administrators said the agreement holds advantages for each institution. CSOM, which offers a globally focused MBA program, will benefit from ADLSOM's extensive international network, and both will have opportunities for new joint marketing activities in the international and executive education arenas. ADLSOM gains economies of scale through joint operations, they said, as well as access to Boston College's facilities and services.
The partnership with a major research university also will aid ADLSOM's application to win full accreditation from the American Assembly of Collegiate Schools of Business, administrators added, making it the first corporate university to gain national accreditation for its degree programs. ADLSOM is currently accredited by the New England Association of Schools and Colleges.
The ADLSOM master's program enrolls 65 international managers from more than 25 countries. In addition to the master's degree, ADLSOM offers extensive executive education programs and custom management development, and is responsible for ADL management consulting training worldwide.
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