In the globalizing world, Okan University has its placed to intersect academic education, business life and awareness of social change. True its motto, “The University Closest to Business Life”, Okan University aims to build bridge between the academic and the business world. In addition to this, the university has a social mission, creating awareness for social problems and delivering projects. Therefore, Muhammad Yunus International Centre for Microfinance and Social Business was launched on Thursday 15 December, 2011 at the Okan University in Istanbul, the first of its kind in Turkey.
The Centre promotes and disseminates Professor Yunus' philosophy with a special focus on social business. The Center conducts applied research in Social Business and Microfinance, and it engages in efforts to disseminate the research in the academic as well as practitioner communities, especially involving young students and people. The Center forms hub of research and practical applications as well as hands-on training for academics and researchers.