William Paterson University Signs Partnership Agreement with China’s Zhejiang University of Technology

--Agreement will establish William Paterson University as its Students Overseas Training Center in North America to provide short-term training programs in finance and other topics

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William Paterson University in Wayne has signed a sister university strategic relationship memorandum with Zhejiang University of Technology in Hangzhou, China, that establishes William Paterson University as the Chinese university’s Students Overseas Training Center for North America.

The memorandum was signed on September 24, 2010 during a visit to the United States by Xiaocun Wang, chairman of the University Affairs Committee at Zhejiang University of Technology, as well as several other university administrators. The agreement designates William Paterson University as Zhejiang University of Technology’s preferred higher education partner in the United States.

In establishing the training center, Zhejiang will send students to William Paterson for short-term programs administered through the University’s Cotsakos College of Business. Programs include hands-on training in finance, biology and environmental science, and American culture, with plans to expand to computer science and other disciplines in the future.

“We are honored that Zhejiang University of Technology has selected William Paterson as its preferred strategic higher education partner in the United States,” says Kathleen Waldron, president of William Paterson University. “We are proud to collaborate with such a distinguished Chinese higher education institution.”

“We have enjoyed a long relationship with Zhejiang University of Technology and we look forward to expanding and developing programs that are mutually beneficial to our institutions,” says Edward Weil, provost and senior vice president for academic affairs.

The memorandum of understanding covers a wide range of future cooperative initiatives, including faculty exchanges for teaching and research; student exchanges; program-to-program articulation agreements; joint conferences; joint cultural programs; and joint curricular offerings and training/development programs.

A previous memorandum of understanding, signed in 2007, established an articulation agreement between the Cotsakos College of Business at William Paterson and the College of Business Administration at Zhejiang University of Technology designed to provide a seamless transition for Zhejiang students who wish to transfer to William Paterson to complete their bachelor’s degrees. The agreement also outlined the application procedure for students holding bachelor’s degrees from Zhejiang who wish to pursue the master of business administration degree at William Paterson.

Several students from Zhejiang University of Technology are currently enrolled in undergraduate and graduate business degree programs at William Paterson. Additional students have participated in non-credit winter and summer student training programs designed to introduce Chinese students to topics such as finance and American culture. They also participate in a Global College Student Forum, which allows students from William Paterson and Zhejiang to discuss and debate major global economic and financial issues using Internet technology. William Paterson students have participated in study abroad trips to Zhejiang University of Technology.

Zhejiang University of Technology is situated in the city of Hangzhou, one of the ancient capitals of China. The university, with an enrollment of approximately 35,000 students, is considered one of the top 100 institutions of higher education in China. It is located in Zhejiang Province, known as China's Silicon Valley, which has one of the strongest economies in all of China. Zhejiang Province has been a sister province of the State of New Jersey since 1981.

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09/27/10