Creating a Business School in Romania: Made in the USA,Delivered in Romania

Abstract

This article describes the establishment and maintenance of a successful Executive MBA program in Central Europe funded initially by USAID. The dynamics of a society in transition to a free market economy create special problems of management that require the capabilities of skilled managers. We argue that Executive MBA programs are efficient and effective vehicles for developing managers with the requisite skills. As new conditions occur in rapidly evolving legal and institutional environments, however, the curriculum and organizational structure has to be continuously adapted to these new challenges.