A memorandum of understanding was signed today between NJIT President Robert A. Altenkirch and representatives from the University of Parma, Polytechnic of Valencia, University of Extremadura, and Rutgers University for a dual bachelor’s degree that focuses on multinational engineering management.With grant support of $416,000 over four years from the U.S. Department of Education’s Fund for Improvement of Post Secondary Education (FIPSE) and an equal grant from the European Union, the program will prepare students for leadership roles in the global marketplace. According to Layek Malek, NJIT professor of industrial engineering and director of the program, the program expects to enroll a first class of 12 students at both the U.S. and E.U. campuses in September 2011. NJIT is the lead American institution, while the University of Parma, Italy, leads the European effort. The Polytechnic of Valencia and the University of Extremadura, in Spain, and Rutgers University-New Brunswick are also partners.