What is PRME?

PRME (Principles for Responsible Management Education) is an initiative of the UN Global Compact Office, the United Nation’s industry network for sustainable and responsible leadership. 
 
PRME was founded in 2007 and has the following goals:

  • To embed and advance responsibility, ethics and sustainability as basic values of management education and research in Higher Education
  • To develop and support a platform and learning communities as a basis of collaboration and exchange between higher education institutions, and
  • To promote dialogue and awareness regarding the UN sustainable development goals (SDGs)

With these ends in mind, PRME has developed six principles which are based on internationally recognised values (e.g. principles of human rights, workers’ rights, environmental protection, corruption prevention, diversity, inclusivity and sustainability of the world economy). These principles form the foundation for the development and advancement of social responsibility for the integration of universal values in curricula and research.
 
Six Principles
 
The principles are designed to support higher education institutions to

  • establish an ongoing change process
  • educate a new generation of leaders who are able to deal with the complex challenges of 21st century economy and society.

PRME at MCI

Many of the basic values of PRME are inherent in MCI’s philosophy since its inception. Officially, the MCI became a member of PRME in 2011. In February 2014, the MCI organised a successful UN conference for responsible Management Education in Innsbruck, in the course of which the subchapter of PRME in German speaking countries (DACH) was launched. Since becoming a member of PRME, the MCI has started and supported a number of initiatives and has integrated and promoted the six PRME principles at various levels.

The engagement  in PRME is also an important aspect with regards to the MCI’s AACSB accreditation. Within the Assurance of Learning (AoL) process, for example, there are program level goals which aim to embed ethics firmly in the curriculum.

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