Johnson launches the Emerging Markets Institute (EMI)
12/9/2010 12:31:00 PM
New institute designed to increase school’s Global Education strategy & enhance cross-cultural economic development & understanding
Johnson at Cornell University has announced the formation of the Emerging Markets Institute (EMI), which will act as a hub for emerging markets research and education. The formation of EMI aligns with Johnson’s vision to be a premier global business school and its mission to develop business leaders that create, transform and sustain successful organizations around the world and generate research and scholarship that shapes the future practice of management and train the next generation of business scholars.
Javier Perez has been appointed acting executive director of the institute and sees the necessity of the institute to respond to several growing issues related to emerging markets. Perez says, “As emerging markets continue to grow in importance, there is a need for increased research on a number of important business issues and for better dissemination of that research. Our goal for EMI is to be premier research center that can handle the most challenging emerging market issues; a hub for knowledge dissemination and network for lively exchange between leading thinkers and influential business leaders; and a highly regarded academic program for the study of emerging markets that will prepare current and future business leaders for success.”
Working closely with Perez are co-academic directors Ya-Ru Chen professor of Management and Global Business and Andrew Karolyi, professor of Finance and Global Business. Both Johnson professors say they have seen a strong demand from students to take a closer look at emerging markets. Through various study trips, research seminars and a global speaker series, EMI students will be able to become immersed in topics and strategies that have affected the global development and growth in emerging economic regions in ways that will assure their value as professionals in the marketplace.
EMI aligns with Johnson’s Strategic Plan, “Building Our Future Together,” which specifically addresses the challenges posed by an increasingly global business environment and by increasing global competition among MBA programs. The plan outlines major goals to expand the Johnson’s global education and presence to educate students to operate effectively in a complex global business environment and to contribute to improvements in global business practices.