We are pleased to announce that Fundação Getulio Vargas Escola de Administração de Empresas de São Paulo (FGV EAESP) has completed the rigorous Business School Impact System (BSIS) assessment process and received the BSIS label. Warm congratulations to the institution!
FGV EAESP was founded in 1954 and currently has around 3,580 students. It is Brazil’s most international school and received its EQUIS accreditation in 2001. The school has a significant impact in their community through a substantial contribution to Executive Education, an extensive and robust alumni network and a high percentage of students who enter the job market in the community.
Michel Kalika, Director, BSIS, commented, ‘Congratulations to FGV EAESP for this well-deserved success. FGV EAESP is a very interesting case of a business school moving from a traditional research culture to an impact culture based on exceptional research in relation to stakeholders. We appreciate the school’s continued focus and effort to extend its impact within their region and beyond. We look forward to our continued collaboration, and we wish the FGV EAESP all the best for their continued success.’
Luiz Brito, Dean of FGV EAESP, Sao Paulo School of Business, commented on the BSIS process: ‘The unique aspect of FGV EAESP’s mission is the focus on impact: we aim to develop and disseminate knowledge that helps to improve the quality of collective life and the socio-economic development of Brazil. Until recently, the school had various non-integrated initiatives to keep track of the impact the school has as a leading business school in Brazil. The BSIS process is a broad exercise for us to integrate these initiatives and it has indicated directions to develop further knowledge about what impacts FGV EAESP can have. The experts provided valuable and useful recommendations for strategic consideration and improving our operational effectiveness regarding impact. The BSIS experts encouraged us to continue along the path of creating more impact nationally and internationally.’
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 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 56 schools across 18 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 that 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.