Newswise — Dr. Hildy Teegen, dean of the Darla Moore School of Business at the University of South Carolina, is among the authors of a groundbreaking report that addresses the current wave of globalization and the changes and challenges it poses for business schools.

The report, “The Globalization of Management Education: Changing International Structures, Adaptive Strategies, and the Impact on Institutions,” was released Thursday (Feb. 10) by AACSB International (The Association to Advance Collegiate Schools of Business) at a conference of business school deans in Phoenix, Ariz.

Teegen, a member of the AACSB Globalization of Management Task Force, said business schools must be prepared to meet the rising expectations on the part of business and society for graduates to have greater global competencies.

“Business schools like ours at the Darla Moore School play a critical role in preparing future business leaders to be successful in a range of institutional environments,” Teegen said. “We are fortunate to have an exceptional international business faculty to lead our efforts here [University of South Carolina]. Most schools find they struggle with globalization efforts as they lack capable faculty and professional staff who understand how to develop and deliver globally relevant curricula and how to establish and build successful partnerships with colleagues around the world.”

Teegen joined several of the report’s contributors on a panel that addressed the report’s key findings. Among these are guidelines for development and implementation of curriculum design, faculty development and the cultivation of strategic partnerships in business schools.

Also featured were Dr. Robert Bruner, dean of the Darden School of Business, University of Virginia; Dr. Arnoud De Meyer, president of Singapore Management University; and Dr. Pankaj Ghemawat, Anselmo Rubiralta Professor of Global Strategy, IESE Business School at the University of Navarra (Spain).

“It was a great honor to have been chosen to participate in this important work for business education,” Teegen said. “Through the process, I was able to collaborate with leading colleagues around the world in understanding the current state of globalization efforts underway and how business schools’ practices at once mirror and yet sometimes diverge from leading practice among firms doing business around the world.”

USC’s Moore School is a global leader in international business at the undergraduate and graduate level. The task force highlighted the school’s success as a model case study in the 400-page report.

“My service on the task force leveraged the expertise and long experience that the Moore School has in international business,” said Teegen. “Our school’s approach was highlighted in one of the case studies in the report to showcase our unique approach to creating relevant knowledge and preparing future business leaders for success in global business.”

For more information about the AACSB International and the report “The Globalization of Management Education: Changing International Structures, Adaptive Strategies, and the Impact on Institutions” visit the website: http://www.aacsb.edu/.

About the Darla Moore School of Business:The Darla Moore School of Business is among the highest-ranked business schools in the world for international business education and research. Founded in 1919, the school has a history of innovative educational leadership, blending academic preparation with real-world experience through internships, consulting projects, study-abroad programs, and entrepreneurial opportunities. The Moore School offers undergraduate, master’s, and doctoral degrees, as well as distinctive executive education programs. In 1998, the school was named for South Carolina native and New York financier Darla Moore, making the University of South Carolina the first major university to name its business school after a woman.

About AACSB International:AACSB International (The Association to Advance Collegiate Schools of Business), founded in 1916, is an association of more than 1,200 educational institutions, businesses and other organizations in 78 countries. AACSB’s mission is to advance quality management education worldwide through accreditation, thought leadership and value-added services. AACSB accreditation is the mark of quality distinction most widely sought after by business schools – less than 5 percent worldwide have earned the achievement. As the premier accreditation body for institutions offering undergraduate, master’s and doctorate degrees in business and accounting, the association also conducts a wide array of conferences and seminar programs at locations throughout the world. AACSB’s global headquarters is located in Tampa, Fla., USA and its Asia headquarters is located in Singapore.