MANAGEMENT: Harvard in Europe

The nation's No. 1 seedbed for future corporation presidents has long been Harvard's Graduate School of Business Administration. Last week European leaders gathered at Fontainebleau Palace, south of Paris, to inaugurate a Harvard-style Institut Européen d'Administration des Affaires. Chief purpose of the new Institut will be to train a whole new generation of European businessmen capable of operating the expanded businesses made possible by the European Common Market.

For this task, the Institut got off to an appropriate multinational start. The 62 first-year enrollees (chosen from 160 applications) represent 14 countries, attend lectures in English, French and German, are taught by...