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Published: 26 february 2013 12:53

Lithuanian university to offer economics course developed by Harvard Business School

Michael Porter (center) with Virginija Poškutė and Maik Huettinger of ISM University of Management and Economics
ISM nuotr. / Michael Porter (center) with Virginija Poškutė and Maik Huettinger of ISM University of Management and Economics

Vilnius-based ISM University of Management and Economics is to offer a course developed by a professor of Harvard Business School. With the help of videoconferencing equipment, Lithuanian students will listen to lectures by Professor Michael Porter and take part in discussions held at Harvard University.

The course developed by Porter, Microeconomics of Competitiveness: Firms, Clusters, and Economic Development, is the first programme to be offered in Lithuania by the prestigious business school. Professor Porter is considered one of the world’s top experts on strategic management.
“The fact that our students will have an opportunity to study according to a programme developed by the business school is a great achievement for both our university and the entire system of higher education in Lithuania. We expect that the programme will be of interest to our students and business and public sector representatives, including politicians. We hope that in cooperation with Harvard Business School we will contribute to the education of our future political and economic leaders and help Lithuania make much needed economic progress,” Nerijus Pačėsa, rector of ISM University of Management and Economics, said.
The course will be part of the Executive Master of Management programme at ISM and will commence in the autumn semester of 2013. There are also plans to offer the course on competitiveness developed by Professor Porter as a separate training programme for representatives of the business, education, and public sectors, according to ISM press release.
The course on competitiveness and economic development will focus on the analysis of various competitiveness factors characteristic of countries, regions, firms, and business clusters. In addition, a lot of attention will be paid to economic efficiency and the way it is influenced by traditional corporate practices and the business environment, including the business policy promoted by the government. Students will analyse real situations faced by real companies and the success stories of the top economies in Europe, America, and Asia, including the competitive trends characteristic of developing and advanced economies. With the help of videoconferencing equipment, students will be able to participate in the lectures and case discussions held at Harvard University in real time.

Virginija Poškutė, vice dean for Academic Affairs of ISM Executive School who has done an internship at Harvard University, will act as the leader of the course in Lithuania.

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