EGADE Business School

The earliest forerunner of the school was founded on 1 September 1964 as 'Escuela de Graduados en Administración' (Graduate School of Management), a small department attached to the Monterrey campus of the Monterrey Institute of Technology (ITESM). The project was funded partially through a grant from the Ford Foundation, Similar agreements, aiming to provide "advanced training for faculty members from business schools in emerging countries" ESAN in Peru (1962), and INCAE (originally in Nicaragua, 1964). In its first year, the school was offering a single master's degree in Management () to 17 full-time and 37 part-time students. By 1968 it had 395, including students from the United States, three from the Netherlands and 41 non-Mexican Latin Americans. It prompted the gradual creation of homologous schools in six more campuses. They shared the same academic curricula but, as peripheral institutions bound to local campuses, found themselves replicating organization structures and forced to seek costly international accreditation individually. A major reorganization of postgraduate studies at ITESM in 2010 merged three out of seven into a semi-autonomous, national graduate school under a new name: EGADE Business School. ==Organization==

. The EGADE Business School is affiliated to the Monterrey Institute of Technology and Higher Education (ITESM), one of the largest private, coeducational and secular universities in Latin America. The institute briefly became part of the Monterrey Institute of Technology System (Sistema Tecnológico de Monterrey), an umbrella organization of non-profit and research-oriented institutions ranging from education to health services restructured in 2013. Inside the institute's organizational structure, the school is attached to a national rectorate for postgraduate schools chaired by María de Lourdes Dieck-Assad, a former ambassador of Mexico to the European Union. Its operations and long-term vision are overseen by a board of trustees, chaired by Carlos Salazar Lomelín, CEO of FEMSA: the largest public bottler of Coca-Cola products in the world in sales volume. The board is staffed by Latin American businesspeople and politicians, such as Pedro Pablo Kuczynski, former prime minister of Peru, and the late Paulo Renato Souza, former minister of Education of Brazil. ==Academics==

. Admissions Since its creation, the school requires every applicant to achieve a minimum pass mark at its own academic aptitude test for postgraduate studies (Prueba de Admisión a Estudios de Posgrado, PAEP): an instrument designed and maintained by academics of the institute (with some guidance provided by the technical director of The College Board office in Puerto Rico). The school is most selective in local and international student selection for the last few years. The selection process includes evaluating PAEP/GMAT score, TOEFL or equivalent score, recommendation letter, minimum prior job experience, personal interview. The admission committee reviews applications on an individual basis, looking at both quantitative and qualitative aspects of an applicant's professional and academic background, and will assess potential for academic success and future professional growth. Rankings its OneMBA program, delivered in partnership with four institutions (see Joint programs and international partnerships below) was ranked 24th worldwide by the Financial Times in its 2012 Executive Master in Business Administration rankings. The school is ranked first in Latin America in the Quacquarelli Symonds Global 200 Business Schools Report 2013-2014, first in Latin America according to América Economía and third in Mexico according to CNN/Expansión (2013). The school had been ranked seventh among the best business schools outside the United States according to The Wall Street Journal (2006), • The Master of Business Administration with a concentration in Global Business and Strategy (MBA-GBS) is a double-degree program offered jointly with the Belk College of Business at the University of North Carolina at Charlotte. ==See also==