CEMS strives for a geographical balance of corporate partners across the world, as well as a broad variety of business sectors among the partners. A number of criteria need to be met by companies wishing to become CEMS Corporate Partners.
Partnership criteria: The company should…
- be attracted to the overall philosophy of CEMS
- be strongly committed to the ongoing development of CEMS as a strategic global alliance of business schools and universities with corporate partners
- be willing and able to contribute to CEMS on various levels, including student selection, curriculum delivery and governance
- be ready to take an active part in shaping the CEMS programme
- have the intention and possibility of offering challenging international careers for CEMS graduates
- have international scope
- be recognised as leader in its field
New Corporate Partners can be either recruited by one of the CEMS member schools or by CEMS Head Office. The admission procedure is designed so as to ensure that the company will get to know CEMS and its philosophy well before actually becoming a partner. It also enables CEMS to get to know the company and its intentions better. In this way, the company can see whether the partnership will meet its expectations, and both parties have the opportunity to understand whether they share a common view of the purpose of the partnership and future cooperation.
After preliminary talks and meetings between CEMS and company representatives, the company can take the decision to apply for CEMS partnership once they have a full understanding of what the partnership entails. The application is then ratified by all CEMS voting members.
A Memorandum of Understanding is signed with every CEMS Corporate Partner upon its ratification. This document is not seen as a legally binding document but rather as a means to clarify the long-term commitment and relationship between the two parties.