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International Academy of Management and Economics or IAME is a private, non-sectarian, degree-granting educational institution in
Makati Makati ( ), officially the City of Makati ( fil, Lungsod ng Makati), is a 1st class highly urbanized city in the National Capital Region of the Philippines. Makati is the financial center of the Philippines; it has the highest concentration ...
,
Philippines The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republ ...
.


History

In 1979, IAME's precursor was established under the name International University Foundation. It was founded by lawyer and educator Emmanuel T. Santos, PhD. In 1985, IAME was accredited as a local institution by the Commission on Higher Education (CHED) of the Philippines. On March 21, 2003, IAME became the first
Makati Makati ( ), officially the City of Makati ( fil, Lungsod ng Makati), is a 1st class highly urbanized city in the National Capital Region of the Philippines. Makati is the financial center of the Philippines; it has the highest concentration ...
-based business school to fulfill the requirements of
ISO ISO is the most common abbreviation for the International Organization for Standardization. ISO or Iso may also refer to: Business and finance * Iso (supermarket), a chain of Danish supermarkets incorporated into the SuperBest chain in 2007 * Iso ...
9001:2000 for establishing a Quality Management System for the Provision of Higher Education in Management, specifically for the design, delivery, and testing of business courses, and overall facilities management. The first batch of graduates held ceremonies in Hotel Miramar in Hong Kong in 1982.Official Primer, I/AME, 2006.


Academics

IAME provides undergraduate and graduate programs in management. Degrees/diplomas issued by IAME before 2012 have full CHED accreditation, CHED accreditation also covers students enrolled at the time of the CHED decision. Since then, IAME has been issuing degrees citing "accreditation" from
World Education Services World Education Services (WES) is a nonprofit organization that provides credential evaluations for international students and immigrants planning to study or work in the U.S. and Canada. Founded in 1974, it is based in New York, U.S. It also has ...
, a New York-based degree equivalency assessment firm. *Diploma in Management *International Bachelor of Business Administration / Business Management *International Master of Business Administration / Technology Management / International Management *International Doctor of Philosophy in Management


Controversy

IAME has been involved in a dispute with CHED regarding the quality of its programs and its continued operations. In February 2012, CHED ordered the closure of three IAME programs—Bachelor of Science in Business Administration (BSBA); Master in Business Administration (MBA) and Philosophy in Management (Ph.D. Management)--due to substandard quality. In July 2012, the Philippines Supreme Court upheld CHED's decision. In August 2012, CHED cautioned prospective students from enrolling at IAME in connection to its closure order. IAME reportedly moved its operations to Hong Kong and released a statement stating that it is "beyond the jurisdiction of the Republic of the Philippines." In May 2014, IAME stated that it has obtained a Temporary Restraining Order from a Makati Court against CHED's closure of the pertinent programs."Makati Court Issues Injuction Vs. CHED"
, IAME. Retrieved 13 July 2015.


Management

IAME is owned and managed by its founder, chairman and
chief executive officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especial ...
, Dr. Emmanuel T. Santos.


Facilities

IAME is located in Makati with a business library, an IT resource center, a publishing house, an auditorium, a gym, executive conference suites, and a restaurant. IAME is housed in a four-storey mother building with a European Facade and a castle-like lobby and stairway.


External links


Commission on Higher Education
official Philippine government authority on higher education
www.iame.edu.ph – Official websiteCurrent website


References

{{Coord missing, Philippines Business schools in the Philippines Unaccredited institutions of higher learning