In an effort to deepen and strengthen relations, the University of New Mexico signed a Memo of Understanding with the Capital University of Economics and Business (CUEB), located in Beijing, China.

The MOU includes two agreements designed to reaffirm and actively promote relations to deepen foreign, high-level international cooperation and exchange programs between the two universities. The agreement includes faculty and student exchanges, experience and research cooperation, and to jointly promote the work of the two institutions.

During the signing with CUEB President Wang Jiaqiong, who represented CUEB along with other dignitaries, UNM President Robert Frank stressed the importance of and cooperation between China in the formal establishment of the first inter-school exchanges and cooperation, and trade relations on relevant projects.

“The Capitol University of Economics and Business is a leading Chinese University,” Frank said. “This agreement will create opportunities for our students and faculty and will help globalize the University of New Mexico. It is especially exciting for our business and engineering students.”

The agreements include an International Guest Student Program that allows for up to 20 CUEB and or junior/senior UNM students to enroll at UNM annually for one or two semesters to take classes at the Anderson School of Management (ASM), courses that will transfer back to CUEB and be applied toward a CUEB degree.

The second, a 3+1+1 Cooperative Program, enables up to 20 CUEB students complete three years of undergraduate study at CUEB, then one year of undergraduate study at UNM followed by one year of Master’s study at UNM’s ASM. The Master’s program includes study in Accounting, Information System and Assurance or MBA Degree Cooperative Program.

With an enrollment of more than 20,000, CUEB is one of three key universities in Beijing. The University consists of more than 30 colleges and departments and offers more than 30 undergraduate degrees, more than 25 master’s degrees, including MBA and nine doctoral programs.

CUEB has founded over 25 economic research centers and institutes that focus on a wide range of areas including the World Trade Organization, Enterprise Development, Social Security and Real Estate Development.

The two universities will also conduct further discussions on a joint degree program.