The Massachusetts Institute of Technology in the US and Tongji University in China have become the latest universities to join the Schmidt-MacArthur Fellowship programme, which brings together academics and postgraduate students in design, engineering and business to help redesign the world economy based on the principles ofcircular management.

The circular management movement was established by round-the-world yachtswoman Ellen MacArthur and is an industrial system that relies on sustainability and reuse of materials and products.

Other universities that have joined the fellowship, set up by the Ellen MacArthur Foundation and the Schmidt Family Foundation, include Yale, Stanford and Berkeley in the US andLondon Business School, Imperial College and Cranfield in the UK.

Tongji is the first Chinese partner. “MIT and Tongji University will join a powerful interdisciplinary group of educational institutions focused on design, engineering and business as the disciplines best placed to unlock the benefits of the circular economy,” says Dame Ellen. “Their participation further builds the global reach of the Schmidt-MacArthur Fellowship.”

In education, the Ellen MacArthur Foundation runs a six-weekonlineexecutive programme withBradford University School of Managementand will launch anMBAwith the school in January.

Details please refer to FT:http://www.ft.com/cms/s/2/db370344-56c9-11e3-ab12-00144feabdc0.html