Congratulations to the School of Business of The American University in Cairo (AUC) for undergoing the Business School Impact System (BSIS) and proving its direct and indirect impact on Egypt, the MENA region and beyond.
Established 100 years ago, AUC is a regional study hub, offering an American style University education in Egypt with programmes taught in English. With a robust and distinctive profile for academic excellence, AUC’s educational impact can be evidenced across a portfolio of undergraduate, postgraduate, doctoral and ExecEd programmes, underpinned by high-quality partnerships with similar Universities across the globe.
Michel Kalika, Director, BSIS, congratulated the School by saying: “AUC offers great examples of the business development impact on its students and at the same time provides significant opportunities for local, regional and national companies. The fruitful activities and initiatives of the AUC School of Business can be illustrated by the AUC Venture Lab – Egypt’s first university-based incubator and accelerator; the AUC Angels – the first university-based angel investor network in the MENA region, or the Center for Entrepreneurship and Innovation (CEI), whose mission is to support the growth and evolution of entrepreneurship in Egypt and the Arab region.
We are positive that the AUC School of Business, a leading innovative and open-minded institution, will be able to leverage the BSIS process and the label for greater international recognition, for their stakeholders and broad societal impact.”
Sherif Kamel, Dean, The American University in Cairo School of Business, commented: “At the School of Business of The American University in Cairo (AUC), we are committed to realizing a positive impact to the society that is both scalable and sustainable by developing entrepreneurial and responsible leaders. To demonstrate this impact and identify the benefits the school brings about to the community at large, we have undergone the rigorous EFMD’s Business School Impact System (BSIS) which assessed our impact across the seven dimensions: financial, educational, business development, intellectual, regional, societal and image. This exercise was a true eye-opener and granted us a powerful tool to comprehensively measure the school’s impact on Egypt, the MENA region, and beyond, as well as offered us an outstanding opportunity for self-reflection on our quest for continuous improvement and value creation to our different constituents both on and off campus.”
The Business School Impact System (BSIS) scheme is designed to determine the extent of a school’s impact upon its local environment – the city or region in which it is located. The BSIS process is offered in a joint venture between EFMD Global Network and FNEGE as a service to EFMD members in any part of the world. The impact of the Business School is analysed on the basis of the following seven areas of impact: financial, educational, business development impact as well as intellectual, societal, image and impact within the regional ecosystem.
There are currently 47 schools across 15 countries that received the BSIS label.
Do you wonder how the impact system reflects the societal and economic changes and responds to them? What kind of impact does it have on the business schools who decide to go through the system? Learn more in the latest article “BSIS: A Journey of Self-Discovery” written by the co-founders of BSIS.