Press Release Executive Education: Lithuanian top-level managers at HEC Paris HEC has developed an international network of Excellence through prestigious academic exchanges, bilateral agreements and double degree programs with more than 110 academic partners worldwide. One of HEC’s initiatives in central and eastern Europe is successfully illustrated by the dynamism of The Baltic Management Institute (BMI) registered as an accredited public educational institution in 1999. The Executive MBA program was designed by HEC and has been implemented by a consortium of leading European Business Schools (Norwegian School of Economics and Business Administration, Copenhagen Business School, Catholic University of Louvain) and a local academic partner Vytautas Magnus University. Within only a few years, BMI grew into a business school promoting managerial excellence in the Baltic region. BMI offers a Western European style and quality Executive MBA program in Vilnius, taught in English by prominent professors from the partner schools. http://www.bmi.lt/en.php The entire sixth EMBA class, nearly 50 students will be welcomed at HEC next week, attending classes on Company Valuation by HEC Prof. Antoine Hyafil between April 11th and April 15th . Participants will also have the opportunity to share lectures with HEC Executive MBA participants, visit multinational companies and attend conferences with prestigious guest speakers. Profile of BMI participants over the last 6 classes (since 1999): BMI graduates and participants represent over 300 prominent business people of Lithuania, with quite a number of expatriates of various nationalities, from 186 different companies. The combined annual turnover of these companies represents about 25% of Lithuania's GDP. Age range: 24-52 Average age: 34 Average management experience: 6 years 16% of Women Area of responsibility: - General Management, CEOs, Company owners 52% - Marketing and sales management 17% - operations management 16% - Finance, HR other 15% HEC has particularly built up a very strong presence in Eastern Europe, offering a large portfolio of educational programs: Executive MBAs, MBAs, Specialized Masters and management training programs for companies. Active in the region since 1989, when the school started training managers of newly privatized companies in Poland and Russia, HEC then created the HEC Central and Eastern Europe Center in 1992. More than twenty professors from HEC, through their expertise in the management fields relevant to these countries, provide their know-how in specific domains such as international taxation, mergers-acquisitions, strategy, establishment and development of joint ventures, restructuring, corporate governance and energy management. HEC is also offering joint Executive Programs in Poland, Serbia, Central Asia and Russia. Press Contact, HEC School of Management Catherine Rousseau +33 (0) 1 39 67 94 23 +33 (0) 1 39 67 94 46 e-mail : rousseau@hec.fr www.hec.edu Jouy-en-Josas, 7th April 2005