DIFC and New York University Stern School of Business Host EMBA Reception in Dubai for the First Time

The Dubai International Financial Centre (DIFC) and the New York University Stern School of Business are delighted to announce the reception for the January 2008 Executive MBA (EMBA) class of NYU Stern School of Business and their NYU Stern alumni members in the MENA region.  The event was hosted by the DIFC on Monday 1st October, 2007 at 9pm.

NYU Stern Executive MBA program includes two required Global Study Tours. This is the first time that the Global Study Tour for the MBA program has been held in Dubai and, as such, recognizes the city’s transformation into a global meeting point and an attractive location for a world-class academic institution.  The choice of including Dubai on international study tour reflects the international recognition that Dubai has earned as a fast growing economy with a dynamic business community. In line with Dubai’s rapid development, there is an increasing demand for well-educated and highly trained professionals, particularly in the financial services sector. Prestigious institutions, such as New York University, can play a significant role in fulfilling this demand.

Faten Hani, Executive Director of the Education Centre, DIFC, commented: “We are extremely encouraged that the NYU EMBA faculty and students have decided to come to Dubai and hear more about the exciting economic and business developments in the region.  The DIFC is a hub for business excellence, and education is key to this.  The reception marks the coming together of ambitious and enquiring minds and I look forward to hearing more about NYU’s EMBA programme.”

Jaki Sitterle, Managing Director, Executive Programs from NYU Stern School of Business, said: “This will be our first Executive MBA Global Study Tour to be held in Dubai and as such is a natural choice for an alumni reception as well.  The business dynamics and opportunities within the region are widely reported and we have come to see for ourselves what the excitement is all about. ”

Dubai has the demand for world-class business education and highly skilled professionals and it also offers an excellent environment to learn about business.  The DIFC is committed to supporting the development of executive level education within the MENA region.  In 2006 the DIFC and LBS launched the London Business School operations in Dubai at the DIFC.  The dual campus EMBA was the first degree programme available in the Middle East jointly offered by a world-class business school and world-class international financial centre. Furthermore, in February this year, Cass Business School, part of The City University, London, one of the world’s leading business schools, launched its EMBA programme offering three alternative specializations: Islamic Finance, Energy and General Management and Finance. Earlier this year, Queens School of Business announced the launch of a new world-class executive education facility for future middle east business leaders. As Canada’s premier business school and a world leader in executive education, Queen’s school of business offers a ran of high quality programmes which rank among the best in the world.