MBA programme with Luxembourg: Letter of Intent signed

In line with its vision, the University of St.Gallen (HSG) aims to expand its position as a leading business university in Europe beyond the German-speaking world. To achieve this, HSG relies on high-calibre partnerships. Yesterday’s signing of a letter of intent to establish an MBA programme in collaboration with the Grand Duchy of Luxembourg is an important step towards establishing a presence in the Benelux countries and opens up access for HSG to one of the most international and economically dynamic regions in Europe.

Tailor-made programme with a focus on finance

The new programme, which is to be held in both Luxembourg and St.Gallen, will be characterised by academic excellence and a strong focus on the Luxembourg financial ecosystem. Luxembourg aims to secure its position as a leading financial centre in Europe in the long term. “In view of structural changes driven by digitalisation and AI, as well as increasing regulatory complexity and tougher global competition for talent, we are investing in the education and training of qualified professionals for our labour market and thus in our competitiveness,” says Luxembourg Finance Minister Gilles Roth. “We are convinced that we have found the right partner in the University of St.Gallen to establish a challenging and needs-based MBA programme.” The aim of the new MBA programme is to enhance Luxembourg’s appeal to top international students and professionals, to strengthen the skills of the existing workforce – particularly in finance and related sectors – and to drive innovation through close collaboration with the business community. Accordingly, companies are to be closely involved in the programme as partners.

A bridge to the European market

“We thank the Grand Duchy of Luxembourg for its trust and look forward to close cooperation,” said University of St.Gallen President Prof. Manuel Ammann. “Particularly with regard to the financial market, where there is a high level of expertise on both sides, I see great potential in cross-border cooperation between Luxembourg and Switzerland,” said the Professor of Finance. On the HSG side, the programme will be based at the Executive School (ES-HSG). Prof. Karolin Frankenberger, who heads the ES-HSG as dean adds, “It is no coincidence that Luxembourg is our first location outside Switzerland. The country acts as a bridge to the European market — with key EU institutions and one of Europe’s most international financial centres based there. This programme is a concrete step towards our vision of becoming Europe’s leading business university: We are positioning ourselves as a European programme that attracts top international talent – for careers in Luxembourg, Brussels and beyond.”