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New Rochelle, NY, April 19, 2001 - Dr. Nicholas Beutell, dean of Iona College's Hagan School of Business, has announced an agreement between Iona's Hagan School of Business and the Universidad Peruana de Ciencias Aplicadas, the Peruvian University of Applied Science (UPC), in Lima, Peru. This agreement was signed by Dr. Buetell and Dr. Judson Shaver, provost and vice president for Academic Affairs, on behalf of Iona College, Mr. David Fischman, dean of Escuela de Empresa (Management School) at UPC, and Mariana Rodrigues, administrative vice president, UPC. Universidad Peruana de Ciencias Aplicadas was established in January 1994.

UPC's mission is to prepare honest leaders and realize innovative proposals to stimulate the creation of a new reality. Fields of study include architecture, engineering (civil, industrial, electrical and systems), law, journalism, marketing and business. UPC also has agreements with several institutions in the United States, including Harvard University and the Rochester Institute of Technology.

The agreement with Iona's MBA program is unique, as it enables students from UPC to complete the second year or final eight courses of their MBA Program at Iona in New Rochelle, NY. Students must meet admission criteria for Iona's Hagan School of Business as outlined in the Iona Graduate Bulletin. The MBA degrees will be awarded by the Hagan School of Business; all classes offered by Iona will be taught in English.

The agreement also enables professors to travel from the Hagan School of Business to teach in the Peru program. They will receive an honorarium, air travel and reimbursement for living expenses in the host country by UPC.

"We are extremely excited about this new international partnership with UPC," said Dr. Beutell. "The Hagan School of Business and the globalization of the curriculum will be further enhanced by educating these visiting scholars from Peru."

"This program will offer UPC students the opportunity to earn an AACSB - The International Association for Management Education - accredited MBA degree at an institution near New York City, the business capital of the world," said Dr. Jeffrey Alstete, associate dean in the Hagan School, who initiated contact with UPC and negotiated the agreement over the past year.

For additional information on the MBA Program at Iona College, please call (914) 633-2288 or visit the web site at www.iona.edu/hagan.

For questions or more information please contact:
Meghan Finn
Public Relations Office
Iona College, 715 North Avenue, New Rochelle, N.Y. 10801
tel: 914 633-2005 fax: 914 637-2711

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