Women scholars graduate from business course

Women scholars graduate from business course

by UA&P News Desk on March 10, 2011 - 2:32 pm

10000 Women Goldman Sachs-UA&P-IESE

The essence of empowerment is education, and on Women’s Day, 47 underserved women graduated from an intensive training on business and management under the 10,000 Women project of Goldman Sachs, the University of Asia and the Pacific (UA&P) and IESE Business School in Spain.

Top financial firm Goldman Sachs founded 10,000 Women in 2008 as a project that supports partnerships with universities and development organizations to instruct 10,000 women in developing countries in entrepreneurship and management.

UA&P partnered in 2009 with IESE, one of the top business schools in the world, in training the Philippine beneficiaries through a 150-hour modular course that focuses on helping the scholars grow their existing businesses.

The scholars from the Philippines hail from different parts of the country and from varied backgrounds, each with her own unique enterprise in which the project’s officials saw tremendous potential.

The course, co-developed by UA&P and IESE, taught these women how to refine their existing business plans or concepts, improve their business set-up and operations through a deeper understanding of the basics of financial management, managing business operations, hiring and managing their employees to marketing their products and services while achieving work-life balance.

Through 10,000 Women, these selected entrepreneurs were given the opportunity to network with industry experts coming from the most diverse sectors of the economy, gaining new business insights and access to markets.

Besides the classroom training, the graduates received 50 hours of mentoring from established local entrepreneurs and from the staff of Goldman Sachs, as well as on-site visits of their enterprises throughout the duration of the program.

Throughout the program, the women were able to learn not only from the country’s best, but also from internationally renowned experts such as IESE Professors Lluis Renart and Dr. Julia Prats.

Goldman Sachs, a leading investment banking, securities and investment management firm, believes that tapping the exponential power of women as entrepreneurs and managers in developing economies is one of the most important, yet too often neglected, means of increasing economic opportunity.

The program is expected to help future generation of female entrepreneurs and managers worldwide by strengthening the underlying quality and capacity of business education through teacher training and the development of innovative curricula and locally relevant case studies.

For more information on the 10,000 Women Business Training Program, email 10000womenph@uap.edu.ph or call (02)637-0912 local 207, or (02)334-3526.

~Text and photos by Mr. Carlo Cabrera, Corporate Communications Office

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