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International Advisory Board, University of Edinburgh, UK

The Quacquarelli Symonds World University Rankings (QS World University Rankings) were first compiled in 2004, evaluating 700 universities in the world and ranking the top 400. University of Edinburgh has consistently been ranked within the top 20 institutions since 2004. The university ranked at 17 in the QS world rankings in 2014 [14].

The IAB was established to provide independent, external, and commercially orientated advice to the University of Edinburgh's Business School [4]. The principal points of contact between the school and the IAB are via the University Dean and the University Corporate Engagement Manager, the latter acting as IAB Secretary. Members of the executive team have a standing invitation to board meetings in order to ensure tight linkage between the school's external advisors and the team responsible for its day-to-day running.

The board contains a broad range of members of the international business community, diverse in gender and representative of both the public and private sectors [4]. It consists of 16 members representing different area specialties, including:

• Mark Astaire, Chairman, Investment Banking and Vice Chairman EMEA, ECMC, Barclays

• Simon Bray, Director of Santander Universities UK

• John D. Campbell OBE, FRSA (Chair), Senior Managing Director, State Street Global Services UK, Middle East and Africa (UKMEA)

• Melanie A Czarra, Managing Director, Head of Primary Debt Markets, Mizuho International plc.

The board holds two or three face-to-face meetings a year and meets on an asneeded basis by teleconference. Board members are kept abreast of school events by email.

International Advisory Council of Università Bocconi, Italy

Università Bocconi is a private Italian university, founded in 1902. The university is an example of an unranked institution, not appearing within the top 500 world university rankings. The university has established an IAC to assist the board of directors in designing and defining the university's international strategy [15]. The council brings together business leaders, policy makers, and academics from Europe and the rest of the world. Its fundamental mission is to provide feedback on the projects proposed by the University Rector and its Chief Executive Officer, to suggest new avenues for strategic development and to guide innovative thinking on the university's future.

The IAC consists of prominent international figures, bringing their European and global perspectives and vision to Bocconi. These global corporate managers and international academics are joined by leading Italian managers who are active in the internationalization of their businesses. Three representatives of Università Bocconi are also members [15].

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