France's Grenoble Ecole de Management and EMLyon have announced the formation of a new strategic alliance.
The alliance is called "Alliance Lyon Grenoble Business School" and will involve the creation of an innovation-entrepreneurship foundation and the harmonization of each school's program portfolios, among other actions.
According to a spokesperson from the Grenoble Ecole de Management, the schools' MBA programs will remain separate under the new partnership, and there will be "no impact on the MBA program in Grenoble."
Both schools have "triple accreditation," meaning they have accreditation from the three main business school accreditation bodies: AMBA, AACSB, and EQUIS. Additionally, each school's full-time MBA program is currently ranked in the Financial Times' Global MBA Ranking.
For more information, please see the EMLyon press release announcing the new partnership.