Faculty of Economics and management has become a member of EFMD

We are happy to announce that the VMU Faculty of Economics and Management has become a full member of the European Foundation for Management Development (EFMD) organization.

Founded in 1972, EFMD is a global, non-profit, membership-driven organisation dedicated to management development. It is recognised globally as an accreditation body for business schools, business school programmes, and corporate universities. Their mission is to act as a catalyst to promote and enhance excellence in management development globally.

With a network of 30,000 management professionals from academia, business, public service, and consultancies, EFMD plays a central role in shaping the global approach to management education and provides a unique forum for information, research, networking, and debate on innovation and best practice.

EFMD is a network for schools and companies that aim to develop socially responsible leaders and managers looking for opportunities to connect. Alongside organisation emphasises on educational standards for management education, and firmly believes in bringing companies and academic institutions together and works towards facilitating and strengthening exchanges between the two.