The Academy of International Business (AIB) renewed their partnership with The Eli Broad College of Business and the International Business Center to keep their headquarters at Michigan State University for at least three more years.

AIB is the leading association of scholars and specialists in the field of international business, with more than 3,000 members in 81 countries.

"We are delighted that the Executive Board of the Academy of International Business has opted to renew the partnership with the Eli Broad College of Business to continue as the world headquarters of AIB," said Tomas Hult, Acting Associate Dean for Global Initiatives and Executive Director of AIB.

AIB was founded in 1959, and it has been located in East Lansing since 2004. It is the leading global community of scholars for the creation and distribution of knowledge about international business and policy issues.

"Michigan State University takes great pride in its long-standing international focus," Hult said. "Continuing to be the world headquarters for the Academy of International Business provides superb alignment with MSU's 'world grant ideal' and the Broad School's leadership in international business and trade."

AIB encourages collaboration and research across borders, disciplines and organizations to create new knowledge and learning opportunities in international business. Members include scholars from the leading global academic institutions as well consultants, researchers, government and NGO representatives.

The group meets annually to foster local and international relationships. In 2010, the AIB annual meeting will be held in Rio de Janeiro, Brazil, on June 25-29. During the meeting, members will attend paper presentations and sessions about current research, international business research methodology and pedagogy. 
 
"The renewal of MSU as the world headquarters of the Academy of International Business is a testament to the work done by a dedicated team in the Eli Broad College of Business and the AIB Executive Board," Hult said. "We are delighted that AIB will continue to be headquartered in the Eli Broad College of Business for years to come."