The very selective programs of the freestanding business schools are in close touch with the realities of business firms and the economic world. They train executives and managers to perform at the highest levels of trade, manufacturing, and services. Excellence in teaching is assured by a faculty that maintains direct contact with the realities of business life. Most programs benefit from the participation of active managers and directors. Theoretical instruction is often provided by renowned members of the university faculty, particularly at upper levels of the curriculum.
Frequent internships enable students continually to test theory against practice.
Graduates thus benefit from a well rounded education that includes a strong multicultural and international dimension. International students are welcomed. They may enter the universities and business schools at various points. Decisions concerning the recognition of applicants' credentials are made by the enrolling institution. Students are admitted on the basis of their academic record, an entrance examination, or another form of test.