Described by the Financial Times
as the program for "the infantry that wins the war", the Program Management Seminar, aimed at developing operational excellence in business and managed schools, was launched in January, 2005. The intent is for program managers in charge of educational programs to improve their skills related to the promotion and delivery of educational programs and learn about best practices in initiating, developing, organizing, coordinating and streamlining program management processes and methodologies (see Sidebar on Program Management Seminar
CEEMAN also revised its accreditation standards in 2007. Derek Abell reports, "By far the most important change to the IQA was to start evaluating schools from two angles, not one. First, how do they measure up against generally accepted global criteria? Second, how well are they doing with respect to the needs of local and regional markets? An American accreditation scheme does not pay any attention to the needs of the local market. But our review teams looks at a school's target market companies and students and how that school recognizes and meet those needs—in both its mission statement and practice. It is this second dimension that is completely missing in other accreditation schemes and it is what makes CEEMAN accreditation quite unique
Since its start-up 10 years prior, Bohdan Budzan and Randy Kudar stepped in as IQA Accreditation Directors. Schools receiving IQA status from 2003-07 included: Gdansk Foundation for Management Development, Poland, 2003; International Management Institute MIM-Kyiv, Ukraine, 2004; Riga Business School, Latvia, 2004; Caucasus School of Business, Georgia, 2005; European School of Management (ESM-Tbilisi), Georgia, 2005; Kyiv Mohyla Business School, Ukraine, 2006; and ISM University of Management and Economics, Lithuania, 2006.