The MIM’s two-year course is delivered within the framework of the European Commission’s Erasmus + Programme, which aims to boost skills and employability, as well as modernising Education, Training, and Youth work for the period 2014-2020. Erasmus + has a budget of €14.7 billion (with a 40% increase compared to the previous Erasmus programme), and provides grants for a wide range of actions and activities in the fields of education, training, youth and sport. The Erasmus + actions are divided into decentralised actions and centralised actions. The decentralised actions are managed in each programme country by National Agencies that are appointed by their national authorities; the centralised actions are managed at a European level by the European Commission’s Education, Audiovisual and Culture Executive Agency (EACEA) located in Brussels. The EACEA is in charge of the complete life-cycle management of these actions, from the promotion of the programme, the analysis of the grant requests, the on-the-spot monitoring of projects, up to the dissemination of the projects’ and programme’s results.
The Erasmus Mundus Joint Master Degrees (EMJMDs) are a centralised action which builds on the success of the previous Erasmus Mundus Masters Courses (EMMCs) and aim to:
- Foster excellence, innovation, and internationalisation in higher education institutions;
- Boost the attractiveness of the European Higher Education Area (EHEA) and support the EU’s external action in the field of higher education;
- Improve the level of competences and skills of Master graduates, and their employability
In 2013 the European Commission published the first call for Master programme proposals under the new EMJMD action (EAC/S11/13). This was a highly competitive process: to be considered for funding, a Master programme had to score at least 70 points out of total 100, against a set of very stringent criteria (relevance, quality of the project design/implementation, quality of the project team and cooperation arrangements, impact/dissemination). In addition, they had to score75% of the maximum allocated points under the relevance criterion and at least 60% of the maximum allocated points in each of the remaining award criteria. In 2014, among the 58 (eligible) proposals submitted from universities all over Europe, only 11 Master courses were selected, and will thus be financed by the EACEA as from the Academic Year 2015/16. The MIM is one of them and can therefore be advertised and implemented according to EMJMD standards, an exceptional recognition which guarantees the highest quality for its students.
The MIM will enjoy EU support for three successive courses (2015-17, 2016-18 and 2017-19). Before the end of this funding period, the MIM will be invited by the EACEA to apply for a Quality Review that, if successful, may result in an additional funding based on a “shared funding” principle. EMJMDs that have successfully passed the Quality Review may receive further EU funding, covering up to three additional courses (2018-20, 2019-21, 2020-22).