CEMS Institutional Brochure 2013

The Global Alliance in Management Education Founded in 1988, CEMS is a global alliance of academic, corporate and social institutions dedicated to educating and preparing future generations of business leaders. From faculty cooperation to multinational corporate and social partner involvement in the curriculum, the centrepiece of CEMS is its Master’s in International Management (MIM) programme.

The CEMS MIM is a pre-experience postgraduate degree open to students enrolled in a Master’s in Management programme at one of the CEMS member schools.

Contents 4-5 Academic Members - world leaders

6-7 The CEMS MIM - theory in practice

8-9 Corporate and Social Partners - responsible leadership

10-11 Beyond academics

Foreword

by Professor Thomas Bieger CEMS Chairman and President of the University of St. Gallen

Beyond the global alliance In the late 1980s, a new standard in Pan-European Management education was established through the creation of the Community of European Management Schools (CEMS). In the 2000s, CEMS reached beyond its European borders to become a truly global network by adding 12 schools on 4 continents and introducing the CEMS MIM. This all resulted in the CEMS MIM achieving a numberone world ranking by the Financial Times. However, past glories are not sufficient for an organisation with a strong collective ambition to positively impact the way business is done in the future.

be emphasising values such as integrity in its selection process, committing graduates of the CEMS MIM to these values through the signing of the Global Values Statement at graduation, or adding Social Partners to the collective voice of the alliance, CEMS has increased its commitment to instilling empathy and a sense of responsibility in tomorrow’s business leaders at all levels.

CEMS doesn’t just “teach” these values, it aims to influence graduates of the programme to live them, based upon the invaluable learning experience gained from the academic, corporate and social institutions that co-deliver the CEMS MIM. Therefore it is by addressing issues of relevance for society and business that CEMS strives to remain on the forefront of Management education.

Confronted with major shifts in the business world and economic environment in the late 2000s, CEMS was faced with a major challenge: how to promote responsible behaviour within a Management education organisation? Whether it

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Academic Members – world leaders A select group of business schools and universities with close links to the business world implement the MIM programme in the spirit of connected global cooperation.

The “DNA” of a CEMS member school

Quality Assurance

// A national leader in the pre-experience Master’s in Management segment with an international scope // Faculty with a proven teaching and research profile // Proximity to multinational companies and/or corporations with an international scope // The ability to support students in building a global business career // Offering a flagship home M.Sc. degree to top multilingual students, with courses in English

A comprehensive, independent quality control of MIM delivery takes place every academic year, which is a unique feature of international student mobility programmes.

Faculty and Ph.D. collaboration

Member schools have full academic responsibility for delivery of the CEMS MIM in respect of their local and national system, allowing students to gain a real understanding of the local cultures.

CEMS membership enables schools to leverage a global network and add to their portfolio a Master’s degree that will offer their students a solid foundation for a global business career.

The Research and Doctoral Education Committee strengthens knowledge sharing through Faculty research, encouraging and fostering Ph.D. student and faculty mobility.

CEMS Faculty Groups ensure that the research potential of member schools is leveraged by enabling and strengthening research-based teaching partnerships across the network. Faculty Groups contribute on two levels: // Serving as platforms for the development of CEMS-specific course and teaching elements

“CEMS creates a culturally diverse and dynamic environment for creative global leadership. I am amazed by the enthusiasm of the CEMS community to constantly push the forefront of innovative learning methods to prepare students with multi-cultural and international management exposures for global citizenship.”

Professor Masa Inakage Dean, Graduate School of Media Design Keio University

“From the day we were invited to apply for membership to CEMS, to today as the first non-European school to win the ‘School of the Year’ award, Ivey has benefited from the collegiality, innovation and collaboration of this prestigious alliance. CEMS is an exceptional platform for bridging academia and global leadership.”

Carol Stephenson Dean Ivey Business School

such as Block Seminars, Ph.D. seminars, case studies or other CEMS products // Enabling inter-school, inter-country Faculty collaboration on relevant research topics and productions Faculty Groups currently exist in the following disciplines: // Business and the Environment // Business Ethics // Cross-Cultural Management // Entrepreneurial Finance // Entrepreneurship // Enterprise Networks and ICT // Gender and Diversity Management // Global Strategy // Innovation and Design // Logistics // Marketing // Public Management and Governance // Social Entrepreneurship

“CEMS research initiatives leverage on aggregate resources and provide synergies in the field of doctoral education, in order to offer tomorrow’s scholars in the field of business the best possible conditions for launching an academic career.”

Professor João Amaro de Matos Associate Dean for International Affairs Nova School of Business and Economics Director, CEMS RDE Committee Chair 4

28 academic members from 4 continents

The CEMS member school map of the world

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(including year of entry) 15

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21

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5 out of the top 7 places in the 2012 FT Master’s in Management ranking were occupied by CEMS and CEMS member schools

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1 Australia University of Sydney Business School (2008) 2 Austria WU, Vienna University of Economics and Business (1990)

8 Czech Republic University of Economics, Prague (1995)

3 Belgium Louvain School of Management (1989)

9 Denmark Copenhagen Business School (1990)

4 Brazil Escola de Administração de Empresas de São Paulo-FGV (2008)

10 Finland Aalto University School of Business (1998)

5 Canada Ivey Business School (2009) 6 China (Beijing) Tsinghua University School of Economics and Management (2011) 7 China (Hong Kong) HKUST Business School (2012)

11 France HEC Paris (Founder member – 1988) 12 Germany University of Cologne (Founder member – 1988) 13 Hungary Corvinus University of Budapest (1995) 14 India Indian Institute of Management Calcutta (2012)

16 Italy Università Bocconi (Founder member – 1988) 17 Japan Keio University, Tokyo (2010) 18 Norway NHH Norwegian School of Economics (1992) 19 Poland Warsaw School of Economics (1998) 20 Portugal Nova School of Business and Economics (2008) 21 Russia Graduate School of Management, St. Petersburg State University (2008)

23 Spain ESADE Business School (Founder member – 1988)

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24 Sweden Stockholm School of Economics (1991) 25 Switzerland University of St. Gallen (1990) 26 The Netherlands Rotterdam School of Management, Erasmus University (1989) 27 Turkey Koç University Graduate School of Business (2009) 28 United Kingdom LSE, London School of Economics and Political Science (1991)

22 Singapore National University of Singapore Business School (2008)

15 Ireland UCD, Michael Smurfit Graduate Business School (2002) 5

The CEMS MIM – theory in practice The CEMS MIM is a rich combination of management theory and business practice within a challenging global learning environment, where language and soft skills are highly valued.

Selection criteria

Curriculum Structure

The CEMS MIM is open to students who: // Are enrolled in an M.Sc. programme at a CEMS member school // Have either received a Bachelor’s in Management or Economics or a related field or successfully passed the equivalent of one year of full-time education at Master’s level in any of these areas // Have proven proficiency in English (for nonnative speakers) // Possess the required intellectual potential and academic and business knowledge // Display the desired attitude and soft skills // Show an international orientation

The CEMS MIM comprises three terms (two academic terms within two different schools and an internship term abroad). The structure as well as the content of the CEMS MIM supports total cultural immersion.

The carefully constructed curriculum features: // Block Seminar – an academic and cultural integration week led by professors // Responsible Global Leadership Seminar – an experiential seminar led by professors and Corporate/Social Partner representatives

// Courses – Mandatory Courses (Strategy and Global Management Practice), combined with a wide portfolio of International Managementbased Electives, plus the option of Open Electives (History, Political Science or Psychology) // Business Project – a consultancy-like project, where international student teams study real business problems, with academic and corporate tutoring // Skill Seminars – training seminars in business communication and practical skills // International Internship – a minimum 10week internship in a foreign country // Languages - all MIM students graduate with three languages; on-going language training and testing opportunities are provided

CEMS MIM YEAR Aug – Jan Term 1 – School 1

Feb – Jul Term 2 – School 2

Term 3 International Internship

3 ECTS

30 ECTS

1 ECTS

15 ECTS

15 ECTS

Min. 10 weeks

Block Seminar

Global Strategy and other CEMS courses

Responsible Global Leadership Seminar

Global Management Practice and other CEMS courses

Business Project

At any time during the graduate period of studies

Business Communication Skill Seminars 1 ECTS

Skill Seminars 1 ECTS ONGOING LANGUAGE TRAINING AND TESTING

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The Financial Times has ranked the CEMS MIM in the top 3 Master’s in Management programmes in the world since 2005

A holistic learning experience The CEMS MIM is much more than just attending classes. Whether benefiting from top-class academics, learning the trade with corporate experts, or understanding how business can be done ethically, CEMS students derive a complete learning experience: // A prestigious postgraduate degree recognised by independent experts and employers // A thorough academic training based on state-ofthe-art research // Practical skills that provide a head-start in the working world // An understanding for and the means to shape intercultural communication and business activity // A network of colleagues and friends around the globe, sharing a global mind-set and values and ready to help on any professional mission // Privileged contacts with recruiters at attractive companies

“CEMS provided me with real exposure to an international life and career. It has helped me not only with all the necessary managerial skills to start in business, but also with the motivation from brilliant professionals and entrepreneurs.”

Igor Nishimura CEMS 2006 (EAESP-ESADE-HEC) Strategic Equity Solutions Group (LatAm) UBS Investment Bank

CEMS 2012 graduates: 89% feel that CEMS helped them to better collaborate with people from different cultures

CEMS 2012 graduates: 84% feel that CEMS develops the skills and knowledge required for a successful career

“CEMS is characterised by a striving for ethics and excellence that unites colleagues, students, and partners involved in this unique community.”

Professor Rebecca Riekkari Vice Dean Aalto University School of Business

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Corporate and Social Partners – responsible leadership Multinational companies and Social Partners work with member schools to help develop the skills, knowledge and values in the students who will form the next generation of managers.

The Corporate Partner profile

Getting involved

The Social Partner profile

Corporate Partners are leaders in their field, and they see the mutual benefits in participating in the CEMS MIM programme. A typical Corporate Partner is: // A global company, multinational corporation or large company with strong international scope // Committed to the development of management education and attracted by the CEMS student and graduate profile // Willing and able to contribute to the CEMS alliance, from student selection and governance to curriculum delivery and recruitment

Corporate Partners are an integral part of the CEMS alliance, giving them a host of opportunities: // Direct involvement in a curriculum delivered simultaneously on 28 campuses around the world // The Career Forum and Virtual Career Fair, online job portal and student CV search tool offer a one-stop connection to a worldwide student and alumni network // Brand visibility ensured via CEMS communication channels and student events // A global gateway to a highly diverse and quality-tested pool of potential recruits // A unique knowledge-sharing platform, via networking and benchmarking with professionals from fellow corporate partners

Social Partners have been an integral part of CEMS since late-2010 and are here to make an impact – on the curriculum, the alliance and the thinking of the next generation of business leaders. Social Partners should have an international scope and have an interest in positively influencing business schools and students.

“CEMS opens avenues for collaboration with a worldwide market – CEMS students, alumni, member schools and corporate partners truly span the globe.”

Audrey Clegg Group Vice President, Head of Talent Management ABB

CEMS currently works with four Social Partners: // CARE International // Fairtrade Labelling Organizations International // Transparency International // United Nations Alliance of Civilizations

“The partnership with CEMS offers us the unique opportunity of engaging with an international student community of future business leaders and discussing risks of corruption for businesses and society at large. The exposure to topics of corruption before CEMS students start their careers will help create a new generation of ethically responsible business leaders.”

Robin Hodess Group Director, Research and Knowledge Transparency International

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CEMS 2012 graduates: 28% speak 4 or more languages, 77% work for a multinational company

Mutual benefits // For Social Partners: the chance to have an impact on management education with a network of leading business schools and a generation of future business leaders, and to promote open dialogue with top corporate decision-makers // For CEMS stakeholders: enhanced learning opportunities within the CEMS MIM curriculum, broader internship offers for students and graduates, and an in-the-field perspective on sustainability

“When you see how rigorously CEMS students are selected into the CEMS MIM you know that true graduate talent will emerge at the end. This quality standard is important for companies like ING, as we are focussing on developing the ‘leading bankers of the future’. ” Hein Knaapen Global Head of Human Resources ING Group

CEMS Corporate Partners (as of May 2013) A.T. Kearney ABB Arçelik Arla Foods AstraZeneca PLC Barilla Beiersdorf AG BNP Paribas Crédit Agricole S.A. Credit Suisse Daymon Worldwide Deloitte ToucheTohmatsu Deutsche Bank EADS EDP EF Education First Fidelity Worldwide Investment Fung (1937) Management Ltd. GDF SUEZ Google Henkel AG & Co. KGaA HSBC Indesit Company s.p.a.

ING Group Kerry Group Kikkoman Corporation KONE Kowa Company Ltd. KPMG Lawson, Inc. L’Oréal LVMH Maersk Mastercard

McKinsey & Company Millennium bcp Mondi Europe & International Nestlé Nokia Corporation Nomura Securities Co. Ltd. Novo Nordisk Oesterreiche Nationalbank OMV Aktiengesellschaft P&G PricewaterhouseCoopers QBE Insurance Group Ltd. Reckitt Benckiser SABMiller plc Salesforce.com Santander Sberbank Schneider Electric Scotiabank Shell Siemens Management Consulting Sistema Skoda Auto a.s.

Société Générale Statkraft AS Statoil Swiss Re UBS Unibail-Rodamco UniCredit Group Vodafone Whirlpool Wolseley Group Zurich Financial Services 9

Beyond academics CEMS students are active members of the alliance, supported by CEMS Clubs and represented by the Student Board. From setting up social and humanitarian initiatives to corporate networking and academic seminars, they are always at the heart of the organisation.

Learning outcomes

Transforming the CEMS experience

Students who graduate from the CEMS MIM are: // Prepared to take on challenges in an international and culturally diverse context // Aware of the integral impact of management decisions on multiple stakeholders // Able to interact and negotiate in an international environment, and manifest a qualification in at least two foreign languages // Mobile thanks to a deep understanding of cultural diversities and a willingness to adapt to different settings // Change agents in the transformation of attitudes, behaviour, structures, and processes

The CEMS MIM provides graduates with the experiences necessary to launch a global business career. CEMS MIM graduates rate the top assets of the programme as: 1. Developing the skills and knowledge required for a successful career 2. Making them more open to different cultures 3. Providing them with good recruitment opportunities

CEMS 2012 Graduates

94%

are currently in a professional activity or are continuing their studies

48%

are currently living outside of their home country

“CEMS truly symbolises the highly globalised world we live in. It brings together students from all over the world, enhancing the whole educational experience and stimulating personal development.”

Sangramsinh Rane CEMS student 2012-13 (LSE-ESADE)

“Australia is a long way from home but CEMS’s cultural diversity, international networks and a hands-on approach make you feel connected from the other side of the globe and prepare you to be a leader anywhere in the world.”

Veronica Murphy CEMS student 2012-13 (USyd-LSE)

73%

interact with three or more different nationalities on a daily basis

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Finance 12% 8%

Operations/Supply Chain/Logistics

Sales

7%

General Management

6%

Audit/Management Control/Accounting

CEMS alumni are successful business professionals working in a range of sectors. They share the ability to adapt to a constantly changing marketplace. This has been recognised by the Financial Times via a permanent top 5 position for international mobility since the Masters in Management ranking began in 2005.

The natural intellectual and cultural curiosity nurtured during the CEMS year and translated into the early stages of their career is carried forward later in working life to form an enviable alumni network in professional and geographical scope. The opportunities provided by this network underline the crucial role that alumni play in carrying the CEMS experience many years beyond graduation.

“The CEMS alumni network has always worked very well.

Even today, you can just call up somebody and tell him/her that you are also CEMS and doors will open and a direct relationship will begin.”

Andrea Castronovo CEMS 1990 (Bocconi-HEC) President, Central and Eastern Europe BMW Group

Functional area Consulting 32%

5%

HR/IT/Legal

Ambassadors across the globe

Marketing/ Communications/ Advertising 15%

3%

Other 12%

1000 students of 65 nationalities in the class of 2012-13 8000 alumni of 82 nationalities, working in 73 countries

The Alumni Association Board, in conjunction with in-country operations managed by Local Committees, ensures that the global span of the alumni network is an active extension of the CEMS experience.

“CEMS gave my life a truly international turn and helped me to build friendships all over the world - an amazing experience even after graduation!”

Sarah Unkelbach CEMS 2012 (University of Cologne-HSG) HR Associate Manager WE P&G

Wherever they may be living and working, CEMS alumni are sure to find support from other members of the CEMS alliance that have carried the values of the organisation into the business world.

“CEMS is more than just an academic programme - it is a breath of fresh air for your brain, your sense of judgement and your learning abilities.”

Ouriel Ohayon CEMS 1996 (HEC-ESADE) Co-founder Appsfire.com and Isai.com

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Contacts info@cems.org www.cems.org CEMS Head Office 1, rue de la Libération, 78350 Jouy-en-Josas France Tel : + 33 1 39 67 74 57 Fax: +33 1 39 67 74 81 Follow CEMS at

facebook.com/CEMSpage

twitter.com/cems_alliance

Traço e Meio – Design

Published in June 2013