Economic and societal impact
The BSIS system makes it possible to evaluate the impact of a Business School on its environment
By the end of 2017, Montpellier Business School renewed the independent “Business School Impact System” (BSIS) audit to measure the school’s economic impact at local and regional levels. The results, which were presented on Wednesday 27 June by Professor Michel Kalika, auditor and co-Director of the BSIS, show a 60% improvement compared to 2014.
Created by the FNEGE in 2012, the BSIS system assesses the impact of a business school on its environment through a quantitative and qualitative methodology taking into account its own particularities and missions. Given its dual commitment to academic excellence and global responsibility, it was only natural for MBS to turn to the BSIS in order to pursue its continuous improvement process.
A €258 million impact on the region
The first audit in 2014 showed that MBS not only has a global reach and an active internationalisation strategy but it also significantly contributes to the economic and social development of its territory. Renewed in 2017, the BSIS audit clearly shows the evolution of this impact which is now evaluated at 251 million euros for the Metropolis of Montpellier and 258 million euros for the Occitanie region, i.e. an increase of 60% compared to 2014.
Overall impact on the area and MBS’ international influence
Beyond this economic impact, the audit report showed the positive impact of MBS on the regional ecosystem. This is reflected in important joint research activities and educational partnerships with the Montpellier university complex. The participation of MBS in the development of local companies through work-study programmes (490 full-time equivalents made available in the region in 2016-2017) is also part of this dynamic. Finally, MBS has noted a strong commitment from many regional players who share its values of openness, diversity and equal opportunities.
““MBS is certainly one of the French business schools that has made the greatest efforts to promote diversity and support students and staff”, says the auditor and co-Director of BSIS. “” The players involved in the school carry out extraordinarily diverse actions for the benefit of the environment, people in difficulty, students and companies. MBS bases all of its actions on its core values.”
In accordance with Montpellier Business School’s mission, this report reflects the academic, economic, social and societal footprint that the school has fostered and developed in the region. The school’s strong local roots and its reputation allow it to significantly contribute to the region’s international influence.