About
AIM >> History
For
more than three decades, the halls of AIM have witnessed the
growth and passage of some of Asia’s best minds –
leaders and managers of the present and the future.
On
December 9, 1969, at the dedication ceremonies of the buildings
of AIM, Stephen H. Fuller, AIM president (1968-71), declared:
“This occasion which marks the dedication of the Asian
Institute of Management buildings can very well be a milestone
in the economic development of Asia, for it is our hope that
through these halls will pass young men and women of superior
intellectual and moral capacity who, fortified by their training
here, will exercise strongly beneficial influences in Asian
institutions of the future. It is the professional commitment
of the Institute that our students shall be equipped with
knowledge of the best available managerial tools and that
they shall be inspired to creative ways of using these tools.
It is the social commitment of the Institute.”
1956 |
Washington
SyCip, founder of the SGV Group; Ramon del Rosario, Sr.,
founder of the PHINMA Group; and Stephen Fuller of the
Harvard Business School (HBS), signify their interest
in establishing a full-time MBA program. |
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1966 |
Ateneo
de Manila University, De La Salle College, and the Philippine
Inter-University Consortium receive a five-year, US$1.2
M grant from the Ford Foundation for the development of
a full-time MBA program. |
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1968 |
An
SGV Foundation feasibility study is presented to and
approved by Ateneo and De La Salle. AIM’s charter
members convene for the first time.
Don
Eugenio Lopez, Sr. pledges PhP 5 million in the name
of the Eugenio Lopez Foundation for the construction
of the building that will house AIM. The total donation
amounts to PhP6.5 million. Jaime Zobel de Ayala formalizes
Ayala Corp.’s pledge of a one-hectare site in
Makati for the new school.
The
Institute’s Board of Trustees is constituted.
Washington SyCip is elected chairman. Stephen H. Fuller,
then the associate dean for external affairs at HBS,
accepts the post as the first AIM president.
The
AIM Scientific Research Foundation is incorporated as
a private, non-stock, non-profit organization to assure
benefactors of tax credits for their donations. |
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1969 |
Groundbreaking
of the AIM campus in Makati. Coinciding with the start
of its formal operations, AIM receives 20 endowed professorial
chairs from the Philippine business community. The Ford
Foundation provides US$224,000 to fund operations.
Classes
begin at the Padre Faura campus in Manila (the premises
of Ateneo’s business school). AIM admits 94 first
year students into the Master in Business Management
program. |
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1970 |
The
United States Agency for International Development (USAID)
and the Ford Foundation provide additional funding of
US$300,000 and US$130,000, respectively, for faculty
development, library facilities, and equipment.
Classes
begin at the new campus in Makati. Enrollment in the
MBM program surges to 235 students from Korea, Japan,
Malaysia, Ceylon, Thailand, Pakistan, Indonesia, Vietnam,
Taiwan, Philippines, and the US. |
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1971 |
AIM’s
international Board of Governors, representing Hong Kong,
Indonesia, Japan, Malaysia, Philippines, Singapore, Republic
of China, and Thailand, holds its first meeting. The BOG
later expands to include representatives from Australia,
Brunei, Canada, India, South Korea, UK, USA, and Vietnam. |
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1974 |
The
one-year Master in Management program is launched. About
55% of the students are from overseas.
The
faculty responds to the worldwide recession by offering
short-term executive development programs. A short-term
program for first-level managers is proposed and later
becomes the Basic Management Program. |
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1975 |
Philippine
President Ferdinand Marcos signs Presidential Decree 639,
formalizing the Institute’s international character
and granting AIM prerogatives conducive to its growth
as an international graduate school of management. |
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1978 |
AIM
launches the Rural Development Management program with
funding from the Ford Foundation and the Konrad Adenauer
Foundation. The program would generate over 25 workshops
and educational programs, five books, hundreds of cases,
and a wealth of industry notes addressing development
issues.
USAID
funds a new research initiative, the Small and Medium
Business Improvement program. |
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1985 |
AIM
designs new programs and offers more of its regular
programs overseas in Bangkok, Penang, Jakarta, Kuala
Lumpur, Kota Kinabalu, and Kuching.
The
Rural Development Management program offers its first
public Program for Development Managers. |
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1986 |
The
Rural Development Management program becomes the Development
Management program. |
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1988 |
The
Asian Development Bank-Japan Scholarship program, funded
by the government of Japan, is created to sponsor degree
program students for citizens of ADB’s developing
member countries.
The
Canadian International Development Agency (CIDA) grants
CAD$2.3 M for research on the role of women in business,
development, and entrepreneurship. CIDA also funds a
study for the establishment of a master’s degree
program on development management. |
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1989 |
With
financial support from CIDA, the Master in Development
Management is offered.
Jose
L. Cuisia, Jr. is elected co-chairman of the Institute. |
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1991 |
AIM
introduces the Asian Management Awards to honor outstanding
Asian organizations for management excellence. |
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1992 |
AIM
celebrates its 25th Anniversary by launching a fundraising
campaign for scholarships, professorial chairs, and
a new AIM building at its campus in Makati.
The
Program and Project Development and Management course
holds its initial offering. |
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1994 |
The
International Student Exchange Program commences, enabling
AIM students to visit schools in the US, Europe, Canada,
Japan, and Australia.
The
AIM Conference Center at Club John Hay in Baguio City
is inaugurated.
AIM
and the Far East Bank and Trust Co. jointly launch the
Gov. Jose B. Fernandez, Jr. Center for Banking and Finance
in honor of the late Central Bank Governor. |
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1995 |
AIM
is conferred the Ramon Magsaysay Award (the Asian equivalent
of the Nobel Prize) for International Understanding.
AIM is cited for setting regionwide standards for excellence
and relevance in training Asian managers for Asia’s
development.
The
Development Management program is renamed Center for
Development Management in recognition of AIM’s
expanded involvement in development work in the region. |
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1996 |
The
W. SyCip Policy Center is founded, and an endowment
is created to support the activities of the center through
the generosity of colleagues and friends of Washington
SyCip.
AIM
is voted into the Program for International Managers,
an international association of the finest management
schools in North America, Latin America, and Europe.
AIM is the first member-school from Asia. |
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1997 |
The
AIM Conference Center is inaugurated by Philippine President
Fidel V. Ramos. The building is constructed with the
generous assistance of the Philippine business community;
ASEAN, American, and European business groups; the AIM
Boards of Governors and Trustees; and alumni.
AIM
launches the Executive MBA program in Malaysia in cooperation
with the Selangor Human Resource Development Centre.
The EMBA is the first AIM degree program to be offered
outside the Philippines.
The
Asia-Europe Meeting, a grouping of heads of states and
governments from Asian and European nations, accepts
the establishment of the Asia-Europe Management Program
at AIM upon the initiative of the Philippine government.
AIM
is singled out by the United Nations Economic and Social
Commission for Asia and the Pacific as a Center of Excellence
in Human Resource Development and Training. |
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1998 |
The
Fidel V. Ramos Research Chair in Policy Studies is created
through the support of the business community. |
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1999 |
AIM
launches the Master in Entrepreneurship, a degree program
designed exclusively for practicing entrepreneurs running
SMEs.
AIM
establishes the Ramon V. del Rosario, Sr. Center for
Corporate Responsibility with the support of the Ford
Foundation and PHINMA. The C.V. Starr Foundation funds
an endowed Chair in Corporate Governance. |
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2000 |
AIM
is the first graduate school of management in the world
to receive ISO 14001 Certification for its Environmental
Management System.
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2001 |
AIM
institutionalizes the multi-school system creating four
schools: Asian Center for Entrepreneurship, Center for
Development Management, Graduate School of Business,
and Executive Education and Lifelong Learning Center.
AIM
transforms into a broad-spectrum institution by launching
programs for IT, healthcare, education, environment,
and the arts.
AIM
is honored with the 1st Beyond Grey Pinstripes Award
for Business School Innovation in Social Impact Management.
AIM was chosen among the world’s best business
schools for incorporating environmental and social impact
management topics in activities, curricula, and research.
The
World Bank names AIM as its strategic partner in the
World Bank Global Development Learning Network. |
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2002 |
Nieves
Confesor becomes the first woman Dean of the Institute.
AIM
names its graduate school of business in honor of its
founder and co-chairman, Washington SyCip.
Former
Philippine President Corazon Aquino becomes the first
woman member of the Board of Governors.
The
W. SyCip GSB launches the Maurice Greenberg Chair.
The
AIM-World Bank Development Resource Center is inaugurated.
The
Center for Corporate Responsibility launches two regional
conferences: Managing Corporate Governance in Asia and
Asian Forum on Corporate Social Responsibility. |
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2003 |
AIM
is awarded the European Quality Label, making it the
first in ASEAN to receive this accreditation and become
a member of the European Foundation for Management Development.
The
international Beyond Grey Pinstripes Survey recognizes
AIM anew by granting the award Excellence in Integration
in Core Curriculum.
AIM
launches the Asian Corporate Social Responsibility Awards
to honor the best practices and principles of corporations
in CSR.
The
Asian Development Bank (ADB) designates AIM as a Center
of Excellence and a partner in knowledge creation and
management.
AIM
establishes the Hills Governance Center.
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2004 |
AIM
is accredited by the Association to Advance Collegiate
Schools of Business (AACSB), making it the first school
in Southeast Asia to attain accreditation from the two
major international accrediting institutions, AACSB
and EFMD.
ADB
and AIM formally introduce the ADB-AIM
Networking Project by presenting the Inaugural Networking
Conference.
The
AIM-Mirant Center
for Bridging Societal Divides is inaugurated.
Nieves Confesor resigns as dean. The Board of Trustees appoints Roberto de Ocampo as interim dean.
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2005 |
The Board of Trustees appoints Victoria S. Licuanan as dean.
In line with AIM's multi-stakeholder thrust, three seats on the Board of Trustees are allocated to alumni.
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2006 |
Roberto de Ocampo steps down as AIM president.
Francis G. Estrada assumes presidency. He is the first AIM alumnus to become Institute president.
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2007 |
AIM launches redesigned 16-month MBA.
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