International Academy of Management and Economics

International Academy of Management and Economics
Type Private business school, Non-sectarian
Established 1985
President Emmanuel T. Santos, LL.B., M.B.A., Ph.D.
Location San Antonio Village, Makati City, Philippines Philippines
Website www.iame.edu.ph

International Academy of Management and Economics or IAME is a private, non-sectarian, degree-granting educational institution in Makati City, Philippines.

History

In 1979, IAME's precursor was established under the name International University Foundation. It was founded by lawyer and educator Dr. Emmanuel T. Santos.

In 1985, IAME was accredited as a local institution by the Commission on Higher Education of the Philippines.

On March 21, 2003, I/AME became the first Makati City-based business school to fulfil the requirements of ISO 9001:2000 for establishing a Quality Management System for the Provision of Higher Education in Management, specifically for the design, delivery, and testing of business courses, and overall facilities management.

The first batch of graduates held ceremonies in Hotel Miramar in Hong Kong in 1982.[1]

Controversy

IAME has been involved in a dispute with CHED regarding the quality of its programs and its continued operations.

In February 2012, CHED ordered the closure of three IAME programs--Bachelor of Science in Business Administration (BSBA); Master in Business Administration (MBA) and Philosophy in Management (Ph.D. Management)--due to substandard quality. [2] In July 2012, the Philippines Supreme Court upheld CHED's decision. [3]

In August 2012, CHED cautioned prospective students from enrolling to IAME in connection to its closure order. IAME reportedly moved its operations to Hong Kong and released a statement stating that it is "beyond the jurisdiction of the Republic of the Philippines".[4]

In May 2014, IAME reportedly obtained a Temporary Restraining Order from a Makati Court against CHED's closure of the pertinent programs. [5]

Academics

I/AME provides undergraduate and graduate degree programs in management. Its programs are not accredited by CHED nor any of the country's accreditation bodies. However, IAME cites "accreditation" from World Education Services, a New York-based degree equivalency assessment firm.

Management

I/AME is owned and managed by its founder, chairman and chief executive officer, Dr. Emmanuel T. Santos.

Facilities

I/AME is located in Makati with a business library, an IT resource center, a publishing house, an auditorium, a gym, executive conference suites, and a restaurant.

Alumni

I/AME has produced the following alumni:[6]

External links

References

  1. Official Primer, I/AME, 2006.
  2. Ronda, Rainier Allan. "CHED orders final closure vs 3 IAME academic programs", The Philippine Star, Manila, 06 February 2012. Retrieved on 13 July 2015.
  3. "Supreme Court upholds CHED, Executive Secretary on final closure of all IAME course offerings", Philippine Commission on Higher Education, Manila. Retrieved 13 July 2015.
  4. "Pinoy, HK students cautioned on closed economics school", "GMA News", Manila, 18 August 2012.
  5. "Makati Court Issues Injuction Vs. CHED", IAME. Retrieved 13 July 2015.
  6. Alumni List, Office of the College Registrar, I/AME Administrative Offices, 2006.

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