2009 Press Releases
.jpg "UCC and IMI announce the commencement of negotiations")
UCC and IMI announce the commencement of negotiations
29.07.2009
University College Cork (UCC) and the Irish Management Institute (IMI) have announced the commencement of exclusive negotiations between the two bodies aimed at reaching agreement on the IMI merging with UCC.
29.07.2009
University College Cork (UCC) and the Irish Management Institute (IMI) have announced the commencement of exclusive negotiations between the two bodies aimed at reaching agreement on the IMI merging with UCC.
Both organisations view this significant development as mutually enhancing the delivery of their strategic objectives in the area of executive education.
UCC President, Dr Michael Murphy, in welcoming the decision of the IMI Board to engage so positively with UCC, said: “UCC has a long history of excellence in undergraduate and postgraduate education in business disciplines while IMI is a leading international brand in executive education. A merger will strengthen further the capacity of each organisation nationally and internationally, and advance the national agenda for enhanced collaboration between higher education institutions.”
"The IMI, from its campus in Sandyford, Dublin, has been the leading Irish provider of executive education for over 50 years and is the only Irish institution listed in the Financial Times list of top international executive education programmes. The Institute has a goal to improve our overall ranking to the top 25 in the world and to continue to offer the highest quality executive training. The Board of IMI had taken a strategic decision to enhance its offerings in the future through seeking a merger with a higher education institution. In recent years, the College of Business and Law at UCC had set out its strategic objective to enhance its capacity in the delivery of executive education regionally and nationally. We look forward to our discussions with UCC and hope they will be successful and to the benefit of Irish business and society", stated Dr Tom McCarthy, Chief Executive Officer of IMI.
UCC and IMI have indicated that no further comment will be made during the negotiations to protect the integrity of the ongoing process.
UCC President, Dr Michael Murphy, in welcoming the decision of the IMI Board to engage so positively with UCC, said: “UCC has a long history of excellence in undergraduate and postgraduate education in business disciplines while IMI is a leading international brand in executive education. A merger will strengthen further the capacity of each organisation nationally and internationally, and advance the national agenda for enhanced collaboration between higher education institutions.”
"The IMI, from its campus in Sandyford, Dublin, has been the leading Irish provider of executive education for over 50 years and is the only Irish institution listed in the Financial Times list of top international executive education programmes. The Institute has a goal to improve our overall ranking to the top 25 in the world and to continue to offer the highest quality executive training. The Board of IMI had taken a strategic decision to enhance its offerings in the future through seeking a merger with a higher education institution. In recent years, the College of Business and Law at UCC had set out its strategic objective to enhance its capacity in the delivery of executive education regionally and nationally. We look forward to our discussions with UCC and hope they will be successful and to the benefit of Irish business and society", stated Dr Tom McCarthy, Chief Executive Officer of IMI.
UCC and IMI have indicated that no further comment will be made during the negotiations to protect the integrity of the ongoing process.