Latin American Programs

Tulane's Freeman School is a leading United States institution involved in research and educational programs in Latin America. The reason that Latin America is of strategic importance stems from our extensive alumni base throughout the countries in that region of the world, our location at the Port of New Orleans and its proximity to Latin America, the university's emphasis on Latin American studies through the Center for Latin American studies, and the fact that Latin America comprises one of the most important emerging markets in the world, and particularly, for the southeastern part of the United States.

Our strategy for program development in Latin America has been to identify the top business schools in the major countries and form affiliations with those institutions. The implementation of this strategy began in 1991 with our affiliation with Institution Tecnologico y de Estudios Superiores de Monterrey (ITESM) in Monterrey, Mexico. Since then we have developed a number of students programs and faculty exchanges, and have initiated a PhD project to train faculty from ITESM. We also have a collaborative relationship for training and research programs with the Centro de Investigacion y Adiestramiento Polotico y Administrativo (CIAPA) in San Jose, Costa Rica. CIAPA was founded in 1975 as a private, not-for-profit, high-level academic research institute in collaboration with the government of Costa Rica and Tulane University. The activities of CIAPA have included research and seminars for high-level government officials and other professionals on the political, social and economic issues of Latin America.

From this beginning we have broadened our scope of activities to include joint venture Executive MBA projects in the Yucatan Peninsula with ITESM, student exchanges and professional programs for executives with Instituto Tecnologico Autonomo de Mexico (ITAM) and Instituto Panamericano de Alta Direccion de Empresa (IPADE) in Mexico City. In addition, we have established a joint venture Executive MBA project in Santiago with Universidad de Chile and a second faculty development PhD program for faculty at the University de los Andes in Bogota, Colombia.

In July of 1995, we created a consortium for research on financial markets and business institutions in Latin America with the purpose to promote research on business institutions in this part of the world. The founding members of this consortium are: Universidad de los Andes, Bogota, Colombia, Universidad de Belgrano, Buenos Aires, Argentina, Universidad de Chile, Santiago, Chile, IESA, Caracas, Venezuela, INCAE, Costa Rica, and ITESM, Monterrey, Mexico. We have recently added Fundacao Getulio Vargas, Sao Paulo, Brazil, ESPOL, Guayaquil, Ecuador, and Universidad Catolica Boliviana to the consortium. The initial project of the consortium is to develop a database on Latin America stock markets for the countries represented. These data will provide a resource for our PhD students in the ITESM and Universidad de los Andes program and other scholars who have an interest in studying the financial markets of this part of the world. We have now extended the scope of the consortium to include research on human resource management and management strategy.

Tulane University and this consortium of top business schools in Latin America will soon initiate an investment research project to improve efficiency of capital markets in the region and capital flows for small, medium and less traded firms in the major Latin American countries. The project is called the Burkenroad Reports for Latin America and it involves training of students in investment research specialists at local business schools including hands-on experience in developing financial investment reports on local companies. Financial reports on small, medium and less traded companies will be prepared on firms in several major countries and disseminated to investment research gathering and distribution sources including the Bloomberg Financial System. The project promises to enhance skills and human capital related to financial market research and efficient market operation as well as providing valuable information on local companies to facilitate capital flows in the region.

Center for Latin American Business Studies
The Center for Latin American Business Studies is one of the first international business centers of its kind in the US to concentrate exclusively on the Latin American region. Its mission is to become an effective source of education, research and information on the economic and corporate environment in Latin America in order to strengthen the overall competitiveness of US businesses.

Objectives

  • To develop faculty expertise and a commitment to research and teaching in the area of Latin American business;
  • To provide instruction in Latin American business and language studies through a series of new course offerings at the bachelor's, master's and doctor's levels;
  • To support applied business research on key aspects that will promote business development and efficiency of markets on Latin America, and
  • To serve as a national resource base through the provision of education, consulting and research programs for businesses and academics with interests in Latin America. This will imply develop channels of communication between:
  • Latin American entrepreneurs and potential investors, funds or international financial organizations to promote new projects,
  • Latin American researchers and the academic and business community through publications of the main research findings.

Programs

Tulane Latin American Research Consortium
A consortium of academic institution interested in promoting research on Latin American financial markets and business enterprises was formed on July 8, 1995. The current members are:

  • Universidad de los Andes Bogota, Colombia
  • Universidad de Belgrano Buenos Aires, Argentina
  • Universidad de Chile Santiago, Chile
  • IESA Caracas, Venezuela
  • INCAE Costa Rica
  • Fundacao Getulio Vargas Sao Paulo, Brazil
  • ITESM Monterrey, Mexico
  • ESPOL Guayaquil, Ecuador
  • ICESI, Cali, ColombiaUniversidad Catolica Boliviana Bolivia
  • CENTRUM - Pontificia Universidad Catolica del Peru
  • Tulane University New Orleans, Louisiana

The goals of the consortium are to promote the development of efficient markets and business institutions through research; to promote the development of management education through creative program development; and to be the academic research forum for top business school in Latin America.

Burkenroad Reports for Latin America
The Burkenroad Reports are financial reports on small, medium and less traded companies. This project has started in Louisiana and will be expanded to selected Latin American countries. The project promises to enhance skills and human capital related to financial market research and efficient market operation as well as providing valuable information on local companies to facilitate capital flows in the region.

Student/Faculty Exchanges
There are student exchange programs for both undergraduate and graduate students. The Freeman School has hosted students from ITESM, ITAM, IPADE, IESA, Getulio Vargas, Universidad de Chile, Universidad de Belgrano and Universidad de los Andes. Faculty exchanges have taken place as well with Freeman faculty teaching in Latin America and faculty from those institutions teaching both on Tulane's campus and in a joint venture EMBA program. Faculty are also involved in research with professors from several schools in Mexico and Latin America.

PhD Program for Faculty
A group of 14 faculty from ITESM are in their fifth year of a faculty development project working toward a PhD degree while continuing their teaching assignments in Monterrey. Faculty from the Freeman School go to Mexico for intensive weeks and held classes on weekends for the students during the fall and spring semesters. The PhD candidates attend classes at the Freeman School during summers for four years as part of the program's requirements. We anticipate that all of these faculty from ITESM will receive Tulane PhD's within one year. A similar PhD program for the faculty of the Universidad de los Andes was initiated two year ago with 18 faculty enrolled. Tulane will initiate a third Ph.D. program with IESA in Caracas, Venezuela in June 1999.

The Tulane Latin American Doctoral Consortium will offer PhD curricula in law and business with the assistance of a consortium of top Latin American professional schools using New Orleans as the hombebase with satellite facilities located in Central America and South America.

Executive / Students Program
Summer programs for undergraduate and graduate students have been held in Mexico for several years and more recently in Costa Rica. Students attend classes, take part in cultural and social activities to familiarize them with the region and the country, and visit companies to hear lectures from business professionals to understand how business is conducted in Latin America. Local arrangements for these programs are managed by ITESM in Monterrey, Mexico, and ITAM, IPADE in Mexico City and CIAPA in Costa Rica.

Executives from Tulane's Executive MBA program visit Mexico to take classes, hear lectures and visit companies as part of their curriculum. This is done for executive from the New Orleans program as well as for Taiwanese executives enrolled in our Taiwan EMBA program. Group projects with students from IPADE have been a very successful learning experience for these executives. Executives from Universidad de Chile visited New Orleans for coursework and a professional program as part of their EMBA curriulum.

Executive MBA Program for Latin American Managers
The Freeman School has designed an executive MBA program specifically for Mexican business executives and PEMEX managers. The inaugural class, offered in Ciudad de Carmen, Mexico, was comprised of 51 executives and managers representing diverse professional backgrounds in accounting, communications, engineering, and medicine. The program is staffed by the Freeman School using its EMBA faculty and faculty from ITESM in Monterrey. The first half of this program is taught in Spanish and the students undergo intensive English language training enabling the second part to be taught in English. Freeman faculty travel to Carmen to teach classes. An additional program was initiated in September 1996 in Villahermosa, Mexico. A third class in Carmen, (Carmen II) began in January 1997. We are offering these and other projects in cooperation with PEMEX in Mexico City. In January of 1997 Tulane entered a joint venture with Universidad de Chile to offer a joint-degree EMBA program in Santiago, Chile. A second class began courses in the summer of 1998.

An executive training program with Escuela de Postgrado en Administracion de Empresas (ESPOL) in Guayaquil, Ecuador was initiated in July of 1998. Tulane is also in discussion with Universidad Catolica Boliviana regarding involvement in their new EMBA program initiatives.

Last Updated 7/18/12
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