EXECUTIVES IN RESIDENCE: A REVIEW AND ASSESSMENT

Executive-in-residence programs (EIR) have been highlighted as one approach to assist students in bridging the gap between theory and practice. In fact EIR programs have been around for almost 40 years and previous research suggests almost half of all AACSB schools today have some type of EIRprogram. The term, executive-in-residence, though, is used broadly to define many different types ofprograms. A review of the literature is used to identify the different EIR program models and how the benefits and limitations vary by type ofprogram from the perspective of executives and administrators. In addition, this paper provides empirical data on the benefits and limitations from the perspective of students.