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INCAE Business School

November 27, 2023

INCAE Business School (an acronym for Instituto Centroamericano de Administración de Empresas, English: Central American Institute of Business Administration") is an international business school located at the Francisco de Sola campus in Nicaragua and the Walter Kissling Gam campus in Costa Rica. The school was founded with the assistance of professors from Harvard Business School in 1964. Although INCAE is independent, it adheres to the Harvard's case study method.

INCAE Business School
INCAE Walter Kissling Gam campus in Alajuela, Costa Rica
TypePublic business school
Established1964
Location
Managua, Nicaragua and Alajuela, Costa Rica
Websiteincae.edu

The case study method allows students to examine past and current business situations, which gives them two years' worth of indirect, real-world experience across industries and regions. The case study method offers students the opportunity to step into the shoes of managers, critique their decisions and provide alternative solutions. While the majority of cases are translations from Harvard Business School case studies, INCAE students are additionally provided with emerging market studies from Latin America.

INCAE offers a 2-year MBA in Costa Rica and a 15-month intensive MBA in Nicaragua. Other programs include the Executive MBA and seminars.

The Financial Times has ranked INCAE as a top global MBA program and The Wall Street Journal has ranked INCAE Business School as one of the top 10 international business schools in the world.[1][2][3][4][5]

History edit

 
INCAE Francisco de Sola campus in Managua, Nicaragua

On March 23, 1963, President John F. Kennedy visited Costa Rica and met with the presidents of Costa Rica El Salvador, Guatemala, Honduras, and Nicaragua. In the meeting, the presidents requested Kennedy's assistance in establishing a business administration program that would produce future managers. On April 10, President Kennedy wrote to George P. Baker, Dean of the Harvard Business School, thanking the school for taking interest in the initiative. Dean Baker sent three professors, George Cabot Lodge, Henry Arthur and Thomas Raymond, to gauge the level of support from the business community and society at large in each of the Central American countries for the project.[6]

Francisco de Sola, a Salvadoran business leader, took the leadership role in consolidating support for the project. On December 13, 1963, a provisional administrative committee was appointed to head the project that would be known as the INCAE Project. Francisco de Sola was named Chairman of the Administrative Committee, a position he would hold for the next twenty years.[6] The founding Rector of the school was Ernesto Cruz.[7]

INCAE's first academic program was the Advanced Management Program, PAG for its name in Spanish. Between the first of July and the seventh of August, 1964, 45 executives from countries in the region gathered in Antigua, Guatemala, for the program. The first PAG was taught by Harvard Business School professors. In subsequent years some PAG students attended Harvard University's International Teacher Program (ITP). Some of them later went on to complete doctoral programs at Harvard Business School and returned to become part of INCAE's faculty. In 1969, INCAE's first MBA was awarded.

Nicaragua was chosen as the permanent site for INCAE, and on June 20, 1969, INCAE's first campus was inaugurated in the Montefresco neighborhood of Managua. The 70-hectare (170-acre) site was purchased with funds raised through donations from the private sector and the governments of Central America, the result of a campaign headed by INCAE's National Committee in Nicaragua. Montefresco was chosen from the other options in Nicaragua because of its scenery and cool climate. It was also close to Managua, the capital of Nicaragua. The campus was built with a loan provided by the Central American Bank for Economic Integration with United States Agency for International Development funding. INCAE's first fifteen MBA classes graduated in Nicaragua.

In 1983, INCAE decided to move its MBA program. The second campus, called the Walter Kissling Gam campus, opened in Alajuela, Costa Rica in 1984. Costa Rica was chosen because of its stable government and existing infrastructure. In 1996, INCAE reopened the full-time MBA program in the Montefresco campus, and in 2000 the Montefresco campus also began to offer the executive MBA program.[8]

Faculty edit

INCAE has over 40 faculty members who teach in the MBA program and the executive education programs. Ninety-two percent of the faculty hold doctorate degrees. INCAE's student-to-faculty ratio is six to one. 2017

INCAE requires its professors to have contact with the business sector to ensure that the material they present in the classroom is up to date and relevant. This contact occurs through consulting work for firms. Professors are encouraged to conduct research and publish their findings in peer-reviewed journals.

Accreditation edit

INCAE is accredited by Southern Association of Colleges and Schools (SACS), a university accreditation organization in the United States, to grant master's degrees.[9] When it was accredited in 1994, it was the first business school outside North America to be accredited by SACS.

The school has also secured the "Triple Crown" accreditation for management education, being accredited by the Association to Advance Collegiate Schools of Business (AACSB),[10] the EFMD Quality Improvement System (EQUIS)[11] and the Association of MBAs (AMBA).[12] INCAE is one of only 13 business schools in Latin America that have been accredited by AACSB.

Recognition edit

INCAE ranks high among business schools in Latin America. .[13][2]

In the 2010 QS Global 200 Business Schools Report[14] the school was placed fifth in South America.

Honorary doctorates edit

INCAE has conferred honorary doctorates to individuals who have positively impacted society. Among the most distinguished are:

  • (1976) Anastasio Somoza Debayle, President of Nicaragua, 1967-1972
  • (1977) George F.F. Lombard, Associate Dean Harvard Business School
  • (1984) Luis Alberto Monge, President of Costa Rica, 1982–1986
  • (1987) Marc Lindenberg, Rector of INCAE, 1982–1987
  • (1988) Oscar Arias, President of Costa Rica, 1986–1990, 2006–2010
  • (1991) Hernando de Soto, Peruvian economist and ideologist
  • (1991) Pablo Antonio Cuadra, Nicaraguan poet and ideologist
  • (1993) Stephan Schmidheiny, Swiss businessman
  • (1994) George Cabot Lodge, emeritus professor of Harvard Business School and key person for the establishment of INCAE
  • (1996) Michael Porter, academic and professor of Harvard Business School
  • (1997) Violeta Barrios de Chamorro, first woman president of Nicaragua 1990-1997
  • (1999) Walter Kissling Gam, Costa Rican businessman
  • (2005) Alberto Motta Cardoze, Panamanian businessman and philanthropist
  • (2005) F. Alfredo Pellas Ch., Nicaraguan businessman

Agreements edit

INCAE has agreements with universities in North America, Latin American, Europe and Asia. The school has two types of agreements. First, INCAE has exchange and/or dual-degree programs with the following universities:

Hitotsubashi University Business School

  • Zaragoza Logistics Center

The second type of agreement provides discounts for the MBA program to accepted applicants who earned their undergraduate degrees from the following schools:

References edit

  1. ^ AméricaEconomía (2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010) http://www.americaeconomia.com
  2. ^ a b EducAméricas . Archived from the original on 19 June 2015. Retrieved 17 April 2015.
  3. ^ Financial Times (2004, 2006, 2009, 2010) http://rankings.ft.com/businessschoolrankings/incae
  4. ^ Recruiters' Scorecard The Wall Street Journal (2005)
  5. ^ Eduniversal (2008) . Archived from the original on 5 January 2009. Retrieved 17 April 2015.{{cite web}}: CS1 maint: archived copy as title (link)
  6. ^ a b Raúl Barragán; Roberto Artavia (2009). INCAE Business School, Los Primeros 45 Años, Visión y Pasión. ISBN 978-958-44-6125-4.
  7. ^ "El Nuevo Diario".
  8. ^ Cronología, Historia de INCAE, INCAE's Library
  9. ^ SACS (PDF). Archived from the original (PDF) on 22 July 2011. Retrieved 10 February 2014.{{cite web}}: CS1 maint: archived copy as title (link)
  10. ^ AACSB International https://www.aacsb.net/eweb/DynamicPage.aspx?Site=AACSB&WebKey=7DBEF580-E72C-49B5-91BB-6C589B24CC77 2016-05-05 at the Wayback Machine
  11. ^ The European Foundation for Management Development (EFMD) http://www.efmd.org/index.php/component/efmd/?cmsid=040929rpku
  12. ^ AMBA
  13. ^ AméricaEconomía (2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010). http://www.americaeconomia.com
  14. ^ "QS Global 200 Business Schools Report 2010 Central and Latin America". 4 December 2013. Retrieved 29 May 2018.

10°00′10″N 84°16′37″W / 10.0028°N 84.2769°W / 10.0028; -84.2769

November 27, 2023
incae, business, school, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, ju. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources INCAE Business School news newspapers books scholar JSTOR July 2014 Learn how and when to remove this template message INCAE Business School an acronym for Instituto Centroamericano de Administracion de Empresas English Central American Institute of Business Administration is an international business school located at the Francisco de Sola campus in Nicaragua and the Walter Kissling Gam campus in Costa Rica The school was founded with the assistance of professors from Harvard Business School in 1964 Although INCAE is independent it adheres to the Harvard s case study method INCAE Business SchoolINCAE Walter Kissling Gam campus in Alajuela Costa RicaTypePublic business schoolEstablished1964LocationManagua Nicaragua and Alajuela Costa RicaWebsiteincae wbr eduThe case study method allows students to examine past and current business situations which gives them two years worth of indirect real world experience across industries and regions The case study method offers students the opportunity to step into the shoes of managers critique their decisions and provide alternative solutions While the majority of cases are translations from Harvard Business School case studies INCAE students are additionally provided with emerging market studies from Latin America INCAE offers a 2 year MBA in Costa Rica and a 15 month intensive MBA in Nicaragua Other programs include the Executive MBA and seminars The Financial Times has ranked INCAE as a top global MBA program and The Wall Street Journal has ranked INCAE Business School as one of the top 10 international business schools in the world 1 2 3 4 5 Contents 1 History 2 Faculty 3 Accreditation 4 Recognition 5 Honorary doctorates 6 Agreements 7 ReferencesHistory edit nbsp INCAE Francisco de Sola campus in Managua NicaraguaOn March 23 1963 President John F Kennedy visited Costa Rica and met with the presidents of Costa Rica El Salvador Guatemala Honduras and Nicaragua In the meeting the presidents requested Kennedy s assistance in establishing a business administration program that would produce future managers On April 10 President Kennedy wrote to George P Baker Dean of the Harvard Business School thanking the school for taking interest in the initiative Dean Baker sent three professors George Cabot Lodge Henry Arthur and Thomas Raymond to gauge the level of support from the business community and society at large in each of the Central American countries for the project 6 Francisco de Sola a Salvadoran business leader took the leadership role in consolidating support for the project On December 13 1963 a provisional administrative committee was appointed to head the project that would be known as the INCAE Project Francisco de Sola was named Chairman of the Administrative Committee a position he would hold for the next twenty years 6 The founding Rector of the school was Ernesto Cruz 7 INCAE s first academic program was the Advanced Management Program PAG for its name in Spanish Between the first of July and the seventh of August 1964 45 executives from countries in the region gathered in Antigua Guatemala for the program The first PAG was taught by Harvard Business School professors In subsequent years some PAG students attended Harvard University s International Teacher Program ITP Some of them later went on to complete doctoral programs at Harvard Business School and returned to become part of INCAE s faculty In 1969 INCAE s first MBA was awarded Nicaragua was chosen as the permanent site for INCAE and on June 20 1969 INCAE s first campus was inaugurated in the Montefresco neighborhood of Managua The 70 hectare 170 acre site was purchased with funds raised through donations from the private sector and the governments of Central America the result of a campaign headed by INCAE s National Committee in Nicaragua Montefresco was chosen from the other options in Nicaragua because of its scenery and cool climate It was also close to Managua the capital of Nicaragua The campus was built with a loan provided by the Central American Bank for Economic Integration with United States Agency for International Development funding INCAE s first fifteen MBA classes graduated in Nicaragua In 1983 INCAE decided to move its MBA program The second campus called the Walter Kissling Gam campus opened in Alajuela Costa Rica in 1984 Costa Rica was chosen because of its stable government and existing infrastructure In 1996 INCAE reopened the full time MBA program in the Montefresco campus and in 2000 the Montefresco campus also began to offer the executive MBA program 8 Faculty editINCAE has over 40 faculty members who teach in the MBA program and the executive education programs Ninety two percent of the faculty hold doctorate degrees INCAE s student to faculty ratio is six to one 2017INCAE requires its professors to have contact with the business sector to ensure that the material they present in the classroom is up to date and relevant This contact occurs through consulting work for firms Professors are encouraged to conduct research and publish their findings in peer reviewed journals Accreditation editINCAE is accredited by Southern Association of Colleges and Schools SACS a university accreditation organization in the United States to grant master s degrees 9 When it was accredited in 1994 it was the first business school outside North America to be accredited by SACS The school has also secured the Triple Crown accreditation for management education being accredited by the Association to Advance Collegiate Schools of Business AACSB 10 the EFMD Quality Improvement System EQUIS 11 and the Association of MBAs AMBA 12 INCAE is one of only 13 business schools in Latin America that have been accredited by AACSB Recognition editINCAE ranks high among business schools in Latin America 13 2 In the 2010 QS Global 200 Business Schools Report 14 the school was placed fifth in South America Honorary doctorates editINCAE has conferred honorary doctorates to individuals who have positively impacted society Among the most distinguished are 1976 Anastasio Somoza Debayle President of Nicaragua 1967 1972 1977 George F F Lombard Associate Dean Harvard Business School 1984 Luis Alberto Monge President of Costa Rica 1982 1986 1987 Marc Lindenberg Rector of INCAE 1982 1987 1988 Oscar Arias President of Costa Rica 1986 1990 2006 2010 1991 Hernando de Soto Peruvian economist and ideologist 1991 Pablo Antonio Cuadra Nicaraguan poet and ideologist 1993 Stephan Schmidheiny Swiss businessman 1994 George Cabot Lodge emeritus professor of Harvard Business School and key person for the establishment of INCAE 1996 Michael Porter academic and professor of Harvard Business School 1997 Violeta Barrios de Chamorro first woman president of Nicaragua 1990 1997 1999 Walter Kissling Gam Costa Rican businessman 2005 Alberto Motta Cardoze Panamanian businessman and philanthropist 2005 F Alfredo Pellas Ch Nicaraguan businessmanAgreements editINCAE has agreements with universities in North America Latin American Europe and Asia The school has two types of agreements First INCAE has exchange and or dual degree programs with the following universities KEDGE Business School Yale University Yale School of Management University of Michigan The Ford School University of St Gallen Strategy amp International Management SIM University of California San Diego School of Global Policy and Strategy Northwestern University Kellogg School of Management University of Victoria Peter B Gustavson School of Business Case Western Reserve University Weatherhead School of Management College of William and Mary Mason School of Business Duke University Fuqua School of Business Emory University Goizueta Business School Vanderbilt University Owen Graduate School of Management New York University Stern School of Business Erasmus University Rotterdam School of Management ESADE Business School ZLC MIT Global Scale Network ESC Toulouse Business School European Business School University of Business and Law Florida International University College of Business HHL Leipzig Graduate School of Management Instituto de Empresa IE Kozminski University Leon Kozminski Academy of Entrepreneurship and Management National Chengchi University NUCB Business School Pepperdine University Graziadio School of Business and Management Rice University Jones Graduate School of Business Thunderbird School of Global Management University of Michigan Ross School of Business University of Minnesota Carlson School of Management University of North Carolina at Chapel Hill Kenan Flagler Business School University of Southern California Marshall School of Business University of St Thomas Opus College of Business University of Texas at Austin McCombs Business School University of Wisconsin Wisconsin School of Business Umea University Umea School of Business Vanderbilt University Owen Graduate School of Management WHU Otto Beisheim School of ManagementHitotsubashi University Business School Zaragoza Logistics CenterThe second type of agreement provides discounts for the MBA program to accepted applicants who earned their undergraduate degrees from the following schools Universidad Argentina de la Empresa UADE Argentina Universidad Privada Boliviana UPB Bolivia Universidad Privada Santa Cruz de la Sierra UPSA Bolivia University of Talca Chile University of the Pacific Chile Universidad Externado de Colombia Colombia Autonomous University of Bucaramanga Colombia University of Costa Rica Costa Rica Costa Rica Institute of Technology Costa Rica EARTH Costa Rica ULACIT Costa Rica Universidad San Francisco de Quito Ecuador ESPOL Ecuador Universidad Catolica de Guayaquil Ecuador Universidad de Especialidades Espiritu Santo Ecuador ESEN El Salvador Rafael Landivar University Guatemala Universidad Francisco Marroquin Guatemala University of San Pedro Sula Honduras Escuela Agricola Panamericana Zamorano Honduras UDLAP Mexico Keiser University Latin American Campus Nicaragua Universidad Americana UAM Nicaragua Latin University of Panama Panama Universidad Nacional de Asuncion Paraguay Universidad Nacional Paraguay University of the Pacific Peru University of Puerto Rico Puerto Rico Universidad del Este Puerto Rico Universidad Metropolitana Puerto Rico University of Turabo Puerto Rico Santo Domingo Institute of Technology Dominican Republic University of the West Indies Trinidad y Tobago Catholic University of Uruguay Uruguay Andres Bello National University VenezuelaReferences edit AmericaEconomia 2003 2004 2005 2006 2007 2008 2009 2010 http www americaeconomia com a b EducAmericas Ranking MBA Que hacer para ubicarse en el top 10 Archived from the original on 19 June 2015 Retrieved 17 April 2015 Financial Times 2004 2006 2009 2010 http rankings ft com businessschoolrankings incae Recruiters Scorecard The Wall Street Journal 2005 Eduniversal 2008 Archived copy Archived from the original on 5 January 2009 Retrieved 17 April 2015 a href Template Cite web html title Template Cite web cite web a CS1 maint archived copy as title link a b Raul Barragan Roberto Artavia 2009 INCAE Business School Los Primeros 45 Anos Vision y Pasion ISBN 978 958 44 6125 4 El Nuevo Diario Cronologia Historia de INCAE INCAE s Library SACS Archived copy PDF Archived from the original PDF on 22 July 2011 Retrieved 10 February 2014 a href Template Cite web html title Template Cite web cite web a CS1 maint archived copy as title link AACSB International https www aacsb net eweb DynamicPage aspx Site AACSB amp WebKey 7DBEF580 E72C 49B5 91BB 6C589B24CC77 Archived 2016 05 05 at the Wayback Machine The European Foundation for Management Development EFMD http www efmd org index php component efmd cmsid 040929rpku AMBA AmericaEconomia 2003 2004 2005 2006 2007 2008 2009 2010 http www americaeconomia com QS Global 200 Business Schools Report 2010 Central and Latin America 4 December 2013 Retrieved 29 May 2018 10 00 10 N 84 16 37 W 10 0028 N 84 2769 W 10 0028 84 2769 Retrieved from https en wikipedia org w index php title INCAE Business School amp oldid 1181733209, wikipedia, wiki, book, books, library,

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