Business education is being changed rapidly. A market is being created of 500,000 business Masters students annually. The effect of these changes will be felt globally. Billions of Euros are at stake, says Kai Peters, CEO of Ashridge and Joint Chair of the GMAC Bologna Project Task Force. | more : ABS Feature
The Bologna Accord aims to harmonise 40 different European higher education systems by creating a single system of degrees (Bachelor and Master qualifications) within an agreed framework and with a consistent credit and grading system.
A key objective is to create a more competitive Europe by establishing a higher education system compatible with global standards.
Bologna will therefore create choice for a new and growing European pool of over 2.4 million Bachelor graduates each year.
What these students do post-Bachelor will have a significant impact for education and business.
What exactly is the Bologna Accord? For an excellent primer visit the Council of Europe's Bologna for Pedestrians page.