Historic partnership between a leading research institution and an international trade association to educate and empower professionals in the franchising industry
LOUISVILLE, Ky., September 13, 2022 /PRNewswire-PRWeb/ — The International Franchise Association (IFA) and the University of Louisville (UofL) today announced a historic partnership to provide continuing education and certification through the IFA Certified Franchise Executive™ (CFE) program and the Yum! Center for Global Franchise Excellence, part of the UofL College of Business. For nearly 35 years, a CFE designation has been the premier certification in franchising, providing unique business, leadership and legal training to pursue a career in the franchising industry.
Thanks to this new partnership, the fundamental teaching of the CFE will include even more rigorous requirements standardized by the College of Business of the University of Louisvilleleading public research institution.
“This historic education and certification partnership will transform the industry,” said Matthew Haller, President and CEO of the International Franchise Association. “Building on the success of the CFE program, this new partnership will encourage more franchisees to upgrade their skills by pursuing a CFE, ultimately creating a new level of professional excellence in franchising with standards-based education as the foundation. IFA is pleased to be associated with University of Louisville about this company, which will make franchising education more accessible at a time when we are seeing more and more interest in the business model. »
“We are excited about our partnership with the IFA. This agreement has been in place for a long time and represents a wonderful opportunity in franchise education,” said Jeff Guan, acting dean of the UofL College of Business. “Our high educational standards and curriculum will enhance the business qualifications of franchisees participating in the program and elevate the franchise industry as a whole.”
“It’s exciting to see the impact these organizations can have when they share a passion for collaboration and a mission to make a difference in the lives of entrepreneurs,” said Wanda Williams, global franchise manager for Yum! Marques and IFA Board Member. “We are very proud of the work that has been done at the Yum! Center for Global Franchise Excellence since its opening and the addition of the IFA’s Certified Franchise Executive certification further enhances the reputation of these top-notch educational programs.”
The Certified Franchise Executive™ program is the highest level of franchise education and the premier resource for helping local franchise executives, managers and owners accelerate individual and organizational growth. The CFE program allows graduates to develop a deeper understanding of franchising, regardless of their level of experience. It provides an opportunity for accelerated career growth while unlocking the power of opportunity within the franchise business model. Also, it further strengthens the business model of the franchise by bridging the knowledge and education gap.
UofL’s new “Fundamentals of the Franchise Model” program will include sessions on the fundamentals of the franchise business model, legal aspects, business growth, human resources, leadership and the franchisor-franchisee relationship . The six-week, instructor-led virtual bootcamp is delivered by a SACSCOC-accredited institution and an AACSB-accredited business school, signifying high standards of educational excellence. This program, together with the IFA’s FranGuard Compliance course, will serve as the mandatory core components of the CFE program. These building blocks, combined with electives and participation events, complete the CFE candidate’s journey to earning the honored distinction of Certified Franchise Executive™.
Anyone interested in pursuing the CFE designation can apply through the information link below.
For more information, visit the UofL Franchise Management Certificate Bootcamp or IFA CFE website.
About the International Franchise Association:
Celebrating over 60 years of excellence, education and advocacy, the International Franchise Association (IFA) is the world’s oldest and largest organization representing franchising worldwide. The IFA works through its government relations and public policy, media relations, and educational programs to protect, enhance, and promote franchising and the approximately 775,000 franchised establishments that support nearly 8.2 million direct jobs. , $787.7 billion of economic output for the US economy, and nearly 3 percent of gross domestic product (GDP). IFA members include franchise companies in more than 300 different business format categories, individual franchisees and companies that support the industry in marketing, legal, technology and business development.
About University of Louisville:
Founded in 1798 as one of the nation’s first city-owned public universities, the University of Louisville (UofL) is a vital ecosystem that creates a prosperous future for students, our community and society. As one of 79 universities in United States to be recognized by the Carnegie Foundation as a 1 research university and a community-engaged university, we impact the lives of students in the areas of student success, research and innovation , while our vibrant connection to our local and global communities provides unprecedented opportunities for students and citizens. The university serves as the engine that powers the Louisville metropolitan area and the Commonwealth and a classroom for more than 23,000 UofL students, who benefit from partnerships with top employers and a wide range of career opportunities. community services.
Jill Scoggin, University of Louisville502-650-2624, [email protected]
THE SOURCE University of Louisville