Portuguese Universities Break New Ground in Executive Training

Published on 13th June, 2012

When it comes to the future business executives, there are a few universities that come to mind. Some of the most prestigious universities in the world are known for their business and economic programs such as Yale, Harvard, Cornell, Dartmouth, and countless others. These historical institutes of learning train young men and women in the field of business and economics, and many of those students go into big companies that earn millions of dollars every year. The aforementioned schools are all located in the United States. However, now the Financial Times paper has declared that there is a new place to train future business executives that is not located in America.

The Financial Times, a British-based major international business and financial newspaper, has proclaimed that two universities in Portugal have classes that compete with American Ivy League schools when it comes to business and economics. What two universities? The two Portuguese universities are The Catolica-Lisbon School of Business and Economics and the Nova School of Business and Economics.

These two schools are now listed among the fifty best schools in the world based on their degree programs in business and economics. According to the international listing, the Catolica-Lisbon School of Business and Economics is listed as number eighteen. Last year, the Nova School of Business and Economics was listed as number nineteen on the list, but this year the school’s number improved from nineteen to number eight.

The Catolica-Lisbon School of Business and Economics has made the Financial Times list of business and economic schools for the past five years in a row. The business and economic school was created in 1989. By 1992, the business school first began training programs that catered to both executives and companies.

Two years later during 1994, the school created a new training program with executives solely in mind. The Executive Seminars was the name chosen for this special new program. Today, the Catolica-Lisbon School of Business and Economics has an enrollment in the program of over three thousand students, two thousand of which are enrolled in the training programs for executives.

Nova School of Business and Economics was first created in 1977. One year later, in 1978, the school offered its first classes for a doctorate in economics. By the time the eighties rolled around, the Nova School of Business and Economics was on the cutting edge by offering its first executive training program, the Executive Education program. The Nova School kept growing and adding more programs and training.

However, it was not until 1996 that a special center was created that dealt exclusively with executive education. The name chosen for this center was the Nova Forum. For almost thirty years, the Nova School of Business and Economics has been a leader in executive training and will continue to grow and change to meet the changing needs of the world.

According to the Financial Times, there are schools all over the world now that are growing. As the second millennium of this planet begins, the needs of education are changing. These days, universities have to keep up with the changing times and the changing needs of education. With the growth of technology comes a growth of business, and with that growth of business comes the need for people able to handle business needs. If a university is going to survive this new millennium, then it has to diversify its offerings when it comes to business and economics.

When it comes to a person getting their degree in business or economics, there are many schools to choose from. At first and for a long time, it was thought that the United States alone held the best schools in the world to go for executive training. This no longer is the case. A person now has the choice of venturing away from America and going to Europe to seek executive training. This just goes to show that business executives are not just an American commodity, but a worldwide one as well.

Resource Box:

http://www.clsbe.lisboa.ucp.pt/

http://www.novasbe.unl.pt/

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Published in: Portuguese Life