FGV EAESP is first school in Latin America to receive international recognition for its impact on society
Fundação Getulio Vargas’ Sao Paulo School of Business Administration (FGV EAESP) is the first business school in Latin America to be accredited by the Business School Impact System (BSIS), which evaluates higher education institutions’ impacts on society. Just 56 schools in 18 countries have this international recognition.
BSIS is designed to determine the extent of a school’s impacts on its local environment, that is, the city or region in which it is located. The process is offered by a joint venture between EFMD Global and FNEGE, which assesses seven areas of impact: financial, educational and business development, as well as intellectual, social, image and impact on the regional ecosystem.
“FGV EAESP has a distinctive mission that focuses on impacts. We seek to develop and disseminate knowledge to improve people’s quality of life and contribute to Brazil’s socioeconomic development,” says Luiz Brito, FGV EAESP’s dean.
He adds, “Until recently, the school had several non-integrated initiatives to monitor its impacts as a leading business school in Brazil. The BSIS process is a comprehensive exercise that has allowed us to integrate these initiatives and deepen our knowledge of FGV EAESP’s impacts. External experts provided valuable recommendations to improve our strategy and operational effectiveness in relation to our impacts. The BSIS process encourages us to continue on the path of creating bigger impacts, both domestically and internationally”.