Magazine article The Times Higher Education Supplement : THE

MBA Powerhouse Trains Sights on Alumni in London

Magazine article The Times Higher Education Supplement : THE

MBA Powerhouse Trains Sights on Alumni in London

Article excerpt

Milan's Bocconi University sets ¤120m fundraising target at glitzy global forum. Matthew Reisz writes

Italy's highest-ranked business school has launched a major fund-raising campaign intended to "advance the frontiers of knowledge in the social sciences", position its programmes of study "at the cutting edge of knowledge" and enhance its campus in Milan.

Bocconi University, said Stefano Caselli, vice-rector for international affairs, is "proudly Italian, but private, independent and founded by an entrepreneur - really a unique combination".

It now has some 14,000 students in economics, law and most areas of business and management, and plans to expand into political science. It is also highly research-active and currently the largest recipient of grants from the European Research Council in economics, finance and management.

Bocconi has already been successful in securing funding for chairs and associated conference programmes from companies such as the French investment bank AXA, Deutsche Bank and EY (formerly Ernst and Young) in cooperation with the Italian Association of Family Firms.

However, it has been far less successful at raising money from alumni, a practice that is not common in continental Europe and until recently was almost unknown in Italy.

Since so many of its graduates go into merchant banking, London seemed a natural choice as the venue for last month's glitzy, high-powered third annual Bocconi Alumni Global Conference, at which the institution launched a campaign to raise e120 million (£88 million) by 2020. …

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