What is the full form of ERIM?

Introduction

Erasmus Research Institute of Technology (ERIM) has been the centre of knowledge for management studies since 1998. It has impacted societal and managerial studies, with more than four hundred and fifty management scientists contributing further to the study of management and innovations.

The main focus is to help businesses have a scientific approach through research that will assist organizations and enterprises in improving their business operations and processes that will make them more profitable and socially acceptable.

In 2010 Erasmus Research Institute of Technology was ranked in the top three schools for business research and the top twenty-five worldwide.

Research Areas of ERIM

ERIM (Erasmus Research Institute of Technology) has five primary research areas in management: Strategy and Entrepreneurship, Finance and Accounting, Organisation, Marketing, Business Processes, and Logistics and Information systems. Those are mentioned below −

Strategy and Entrepreneurship

The Strategy and Entrepreneurship research program of ERIM is multi-faceted, multi- disciplinary, and strict; it primarily focuses on the renewal of strategies and improving firm performance and how it can impact the management, managerial roles, and innovation that will benefit the organization or the enterprise.

Finance and Accounting

The finance and accounting research is considered to be the best and acclaimed in the world; it has infused the world of management practice and science with their research, co-creation, and education in Investments, Management Accounting, Asset Management, and Corporate Governance and helped many organizations adopt this policy and have achieved great results.

Organization

The organization is the root of every business, without which it cannot grow and flourish; it is the base from which all the other facets shoot out like new stems and leaves, and ERIM waters the roots of the organization by researching various business ethics, leadership, sustainability, governance and also a deep study of teams at macro and micro levels. The research program helps in putting the theories into practice in the area of applied organizational research.

Marketing

Marketing is the basis on which organizations urge consumers to buy their goods and services, and at ERIM, the research focuses on how to make these decisions and anticipate the consumer decision process. Its main aim is to study the area of marketing that will lead to useful insights and practical relevance in the field of Marketing and Management, Strategy and Consumer Behaviour.

Business Processes, Logistics, and Information systems

Like the name Logistics and Information systems, the research is divided into these three broad categories that focus on the specifics of each of these fields: Supply Chain Management, Transportation, Logistics, Public Transport, Information, and Communication systems, and it studies how to scientifically and managerially improve the efficiencies in their operations.

Collaborations and Partnerships of ERIM

ERIM ( Erasmus Research Institute of Management) is a pioneer institution that helps in research in the management field. Hence, it also has various collaborations and partnerships with schools from around the world that helps foster and integrate different minds in the studies and helps to draw multiple conclusions that benefit the organization that adapts a different approach for different consumers in different countries.

The partnerships for cooperation programmes of ERIM( Erasmus Research Institute of Management) is one such example. It helps organizations to integrate international relations that strengthen their marketing approach. There is a scope of partnerships for cooperation for everyone as the assessment of these projects is according to the nature and cooperation of the organizations involved. The activities carried out by these partnerships for co-operations programmes are as follows −

Project Management

It is necessary for the implementation of ideas, planning, adequate resource management, and smooth collaboration among partners. The activities are administrative tasks, preparation of materials, virtual meetings with partners, etc.

Implementation Activities

These activities include networking opportunities. Working together and sharing results and the participation of staff and learners is required.

Sharing and Promotional Activities

The sharing and promotional activities are organizing conferences and events to share information and results and draw conclusions from the activities performed to see the overall impact of these programmes.

The European+ Erasmus project is the collaboration that has brought many countries together to develop platforms, networks, tools and innovative resources. It has programmes aimed at sports, environmental protection, women's rights etc.

Impact and Recognition of ERIM

The impact and recognition of ERIM( Erasmus Research Institute of Management) is that it has revolutionized the research techniques used primarily in management into a scientific process backed by real data and actual practical application by organizations.

Their aim to drive a positive social impact is coming true with Dr Hannes Leroy, the assistant professor of human resource management at the ERIM, winning the Karen Legge JMS Award in 2016. Many such recognition and awards are presented to the professors of ERIM, making it one of the top institutions for research in management in Europe.

Conclusion

ERIM( Erasmus Research Institute of Management) is a pioneer institution for research in management science. It drives social impact through its studies in organization, strategy and other management fields. Its research has impacted many organizations in making the right choices and taking them to new heights of success and profitability.

FAQs

Q1. Does ERIM offer doctoral programmes?

ERIM( Erasmus Research Institute of Management) offers doctoral programmes and helps publish studies in leading academic journals.

Q2. Does ERIM offer scholarships?

ERIM( Erasmus Research Institute of Management) offers scholarships, and it's called Erasmus Mundus Joints Master's scholarship.

Q3. Does ERIM require a GMAT score?

ERIM does not require a GMAT score for admission. There is no minimum requirement, and the average of the current class is considered a benchmark.