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Hult Dubai Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome


Hult International Business School

Contents Welcome to Hult Dubai!


Hult’s Mission


Critical Information Orientation Obtaining Your Student Visa Checklist for New Students Medical Requirements Health Insurance

6 6 7 7 7

Relocating to Dubai Arriving in Dubai Accommodation Getting Around Initial Expenses Weathering the Middle Eastern Climate Dining Out Holy Month of Ramadan Academic Preparation MBA Academic Calendar MIB Academic Calendar Course descriptions for MBA and MIB

8 8 8 8 9 10 11 12-13 14-15 16-25

Global Rotation Program


Student Services


Career Services Finances

29-30 31 3


San Francisco




Dubai Welcome to Hult Dubai! Hult’s program will be one of the most exciting and rewarding experiences of your life. You have been accepted because we know you have the potential and ambition to succeed in the challenging Hult program. Since many of you will be moving to Dubai to study at Hult, there are many things you need to consider. In this pre-arrival guide, we have provided information to aid your transition to life as a Hult student. In this guide you will find answers to most of your questions about life at Hult and how to prepare for our programs in Dubai. Hult Online is a very useful tool which will keep you up-to-date with what is happening at Hult leading up to your arrival. You can log in to Hult Online with the details provided from Student Services. Student Services is available to help you. Should you have any questions or comments regarding life at Hult or in Dubai, please contact We look forward to welcoming you to Dubai!


Hult International Business School

Hult’s Mission Hult International Business School is a global institution that transforms lives by providing an exceptionally comprehensive and enduring education that brings together people, cultures, and ideas from all around the world. The school encourages personal growth, intellectual integrity, global sensitivity, local engagement, and civic values so that students are able to succeed in the global economy, and are empowered to contribute meaningfully to their business and community. 5

Critical information Orientation Hult’s Orientation has been designed to ensure that students receive hands-on knowledge of their new environment. Orientation is mandatory for all students. Master of Business Administration (MBA) Orientation: August 29 & 30, 2010 Master of International Business (MIB) Orientation: September 19 & 20, 2010 Students should plan to arrive a few days before Orientation. This will ensure that you will have plenty of time to familiarize yourself with your new environment. Suggested arrival date MBA: August 26 & 27, 2010 Suggested arrival date MIB: September 16 & 17, 2010 Accommodation for those living in the Hult Student Residence will be available from August 25, 2010. It is not possible to accommodate students who arrive prior to this date. Student Services will provide students with a Welcome Pack at Orientation, which will contain important and helpful information about your stay in Dubai. More information on Orientation and the Academic Program will be available on Hult Online. Obtaining Your Student Visa All students require a student residency visa to study in Dubai except for GCC nationals (Qatar, Kuwait, Saudi Arabia, Bahrain, Oman and the U.A.E.) and students who are already residents in Dubai. Visas are processed by Hult on your behalf, after approval by the local student authority and TECOM (the local government Immigration Authority). The student visa process for Dubai takes about 5-7 weeks. 6

Hult International Business School

All documentation (see page 7 for checklist) for visa processing should be submitted to the Admissions Coordinator ( by July 15, 2010. Visa Costs (regular processing): USD520 (deadline July 15, 2010). Visa costs will be invoiced to you by Hult Finance after processing. Note: Students who miss the July 15th deadline will incur higher visa costs and should submit their documents to the Admissions Coordinator as soon as possible. Students applying after July 15, 2010 will be subject to the following visa costs: • Andorra, Australia, Austria, Belgium, Brunei, Canada, Denmark, Finland, France, Germany, Greece, Holland, Hong Kong, Iceland, Ireland, Italy, Japan, Liechtenstein, Luxembourg, Malaysia, Malta, Monaco, New Zealand, Norway, Portugal, San Marino, Singapore, South Korea, Spain, Sweden, Switzerland, UK, USA, Vatican City • These students can arrive in Dubai on a tourist visa (no need for any application) and the student visa can be processed upon their arrival • Visa Costs: USD963 • All other countries • These students must be sponsored and sent a visit visa by Hult and the student visa will be processed upon their arrival • Visa Costs: USD1,319 Students with families • A student cannot apply to sponsor his spouse/child until his student visa has been processed. This will take approximately 4 weeks from the date of arrival in Dubai. • Spouse visa fees: USD931 • Female students cannot sponsor their husband or child/children • Single female students can sponsor their child /children but must provide a divorce certificate (in English) • Single female unmarried students cannot sponsor their child/children

IMPORTANT! Students should not travel to Dubai before receipt of student/visit visa from Hult. Hult is not responsible for fees incurred if students do not follow these guidelines. Visa costs are based on 2009 costs and are subject to change by the Dubai Technology and Media Free Zone Authority. Student Services will collect passports from students upon arrival. Your passport will be with the Dubai Naturalization and Immigration Department for 4 weeks after arrival. We will return your visa to you once the visa has been stamped in your passport. It is imperative that you communicate your arrival date, time, and flight details to us as soon as possible. Failure to do so will greatly hinder your visa processing and may mean detention at Immigration. Visas must de deposited at the airport on the same day that you arrive. We cannot complete this process if we do not have your arrival details. Please send your flight details to Copies of all immigration documents should be kept in a safe place. This includes copies of the name page, expiration date page, and visa page of your passport. This will allow for easier re-issuing in case the originals are lost or stolen. Student Visa Duration All student visas are valid for up to one year. There is a 25-day grace period once your visa expires before you will be considered out-of-status. There is a fine imposed by the authorities for each day you are out-of-status. All students must have their visas cancelled before departure from Dubai. Checklist for New Students Please complete and return the following complete set of documents by July 15, 2010, so that we can proceed with your visa application and prepare for your arrival. The following scanned documents need to be

submitted to Hult ( by July 15, 2010: 1. Proof of undergraduate degree1 (if the student is over 30 years old, degree must be attested at U.A.E. embassy in their region) 2. Proof of funds in bank account USD8,2192 3. Student Enrollment contract signed by the student3 4. Recent passport photo4 5. Passport copy5 Translated by a legal translator if original is not in English. Foreign Affairs Office stamp from home country is generally required before U.A.E. embassy stamp. Please contact nearest U.A.E. embassy to home country for case specific advice. 2 Bank statement or letter from the bank showing proof of funds (attested by the bank with seal/ stamp and signature) OR an original letter from a sponsor indicating sponsorship and sponsor’s bank statement or letter from the bank showing proof of funds (attested by the bank with seal/ stamp and signature) 3 Available from Hult online 4 Color with white background, size 4.3cm x 5.5cm, jpeg file 5 Passport must be valid for more than six months from date of application 1

Medical Requirements and Health Insurance Students applying to the Dubai campus should note that before a student residence visa can be issued, there is a government administered medical test which is mandatory. Students who fail the test will be denied a visa and must leave the country. The test relies heavily on the detection of HIV, TB and Hepatitis. Do not travel if you suffer from any of these medical conditions. It is compulsory for students on visas sponsored by TECOM to have medical insurance in the U.A.E. Hult offers Erika Insurance, the cost of which will be invoiced to you by Hult Finance after processing. Please refer to the Finances section in this booklet for the insurance costs. 7

Relocating to Dubai Arriving in Dubai Upon arrival at Dubai International Airport please seek the visa processing counter prior to approaching the immigration desk. Your admittance to the U.A.E. is a two-stage process. 1. At the visa processing counter, the visa copy which was sent to you by Hult, is checked to confirm your identity. You will then be given the original visa. 2. Once you have completed all requirements at this desk you may proceed to the standard immigration desk. Upon exiting the airport a Hult representative will be waiting outside at the greeter’s area to transfer you to your accommodation. This transfer is included in your administration charge as per the Student Visa Fees. If you wish to organize your transfer independently, metered taxis are available outside the main exit.

a fridge and a kettle. Full bedding is provided and is refreshed weekly. There is a large communal kitchen available on the ground floor for student use with an additional kitchen on the second floor available for light cooking. Each floor has a TV lounge that allows you to network in comfort, and discuss the day’s classes. There is also a main restaurant on site which offers three meals daily at very reasonable prices. Students are required to fill in the Accommodation Form and Housing Contract, available from Hult Online and submit the completed form to Student Services (Student.Services.Dubai@hult. edu) as soon as possible after confirmed acceptance. Accommodation for those living in the Hult Student Residence will be available from August 25, 2010. It is not possible to accommodate students who arrive prior to this date. Getting Around

Students should not travel to Dubai before receipt of a visa from Hult. Hult is not responsible for fees incurred if students do not follow these guidelines. Accommodation Hult’s accommodation is in a purposebuilt residence building with a recreation and sports complex. Rooms are set on a spectacularly landscaped campus, offering hotel room style accommodation. The residence is a 20-25 minute drive from Hult’s campus in Academic City. Both single and double rooms are available. Shared rooms cost USD8000 and single rooms cost USD16000. Each room is furnished and has an en suite bathroom, telephone, dedicated internet line, television, 8

Hult International Business School

There will be a daily shuttle bus service from the residence to the campus. Student Services will ensure that copies of the shuttle bus timetable are made available to students when classes commence. It is however highly recommended to rent a car while living in Dubai as the city is quite spread out. Some of you may opt to share the cost of a car to help cut down your expenses. If renting a car is not a possibility (license transfer depends on nationality), you must rely on Hult’s bus service, local taxis, public transportation and Dubai’s new rail system. Initial Expenses Setting up a bank account in Dubai will take some time as you must wait until the

residence visa has been stamped in your passport. You should plan to arrive with enough money to meet the initial expenses of your first few weeks in the U.A.E.

As a guide, most students live on USD150-250 per week (depending on lifestyle). The cost of living in Dubai is expensive, no matter if you live on or off accommodation provided by Hult.

You should arrive with some U.A.E. currency (dirhams) on hand. ATMs and Foreign Exchange Centers are available in the arrivals hall of Dubai International Airport and in all shopping malls.

Weathering the Middle Eastern Climate

You will need money to cover school expenses and the cost of living in Dubai: • Food and living expenses • Traveling • Books and stationery • Clothing • Entertainment/social life • Vacation expenses

The basic climate of the Middle East can be characterized as hot. However, winters are quite mild with some rainfall. The most rain Dubai will see is about five inches between January and March. The winter season is considered to be between November and March, when the weather is warm and sunny without being unbearably hot. In the summer, however, temperatures can soar very high, and reach over 40 degrees Celsius. In the summer months, most people stay indoors and turn up the air conditioning, so it is a good idea to keep a light sweater around.

Average Temperatures in Dubai













Average Maximum Temperature °C
























Average Minimum Temperature °C 14.3 9

Relocating to Dubai Dining Out There is much choice in Dubai when it comes to great food and such a variance in price, you will always find something that suits your tastes and preferences. One thing you will notice is that restaurants which serve alcohol will generally charge more for their food than those that do not. There are tons of great value restaurants across the city that don’t serve alcohol but make great food at affordable prices. Hotels are the only establishments licensed to serve alcohol. The cost of alcohol is higher than what you might find in non-Muslim countries (beer USD9, spirits USD18). Moderate alcohol consumption is advised; acts of alcohol intoxication in public may result in legal consequences. Students are not permitted to obtain an alcoholic beverage license, soconsuming alcohol is at your own risk.


Hult International Business School

Relocating to Dubai Holy Month of Ramadan When students arrive it is a very special time for Muslims—the holy month of Ramadan (fasting period). It is important that international students take note of the guiding principles that coincide with the fasting period. By doing so, students will more easily overcome the cultural differences that they might experience with the observance of the religious norms of Ramadan in Dubai and the U.A.E. in general. • Ramadan is likely to begin on August 11, 2010. • Students should note that most restaurants will be closed during the fasting period (daylight), but will open again during Iftar (when Muslims break their fast at sunset). • Iftar will be observed between 6-7:30 pm. • No eating or drinking is allowed in open areas; however, the food court on campus will be open. Students are only allowed to eat in the food court or other designated areas while on campus • Out of respect for those who are fasting, students should not carry open water bottles or canned drinks in public areas, except the food court on campus. • Some restaurants and hotels are permitted to remain open during Ramadan. A full listing of restaurants open during this time can be found in magazines and newspapers. • Alcohol-related offenses are usually treated more severely during Ramadan; for example, smoking in public is not allowed during the fasting period (daylight). • Loud music will not be tolerated, especially from car stereos (considered disrespectful). • Dress should be modest, with legs, shoulders, and midriff covered at all times in public (i.e. no shorts). 11

Academic Preparation Master of Business Administration (MBA) Academic Calendar 2010-2011 Dubai Campus Class of 2011 Orientation takes place over two days: August 29 & 30. Students are required to attend both days. Toolbox August 31 September 6 September 24

Toolbox classes begin for MBA full-time and part-time students Dubai Campus Closed—Eid al Fitr End of Toolbox for full-time and part-time students

Module A September 27 November 17 December 2 December 7 December 19 – January 1 January 18

Module A classes begin for full-time and part-time students Dubai Campus Closed—Eid al Adha Dubai Campus Closed—U.A.E. National Day Islamic New Year Winter Vacation End of Module A classes

Module B January 23 February 15 April 28 April 29 – May 7 April 30 – May 8

Module B classes begin Dubai Campus Closed—Prophet’s Birthday End of Module B classes Spring break or relocation to new Hult campus Spring break or relocation to new Hult campus

Module C May 8 June 16 June 17 – June 20

Module C classes begin End of Module C Classes Brief summer break or relocation to new Hult campus

Module D June 21 June 22 June 29 August 11 August 17 August 18

Campus Orientation & ALP Kickoff Module D classes begin Dubai Campus Closed—Accession of the Prophet End of Module D Classes Mandatory Graduation Rehearsal Graduation Ceremony for Class of 2011

MBA Curriculum Master of Business Administration (56 credits) Courses Credits Toolbox 3 Module A 15 Module B 14 Module C 6 Module D 10 Integrated Skill Curriculum 8 Total credits 56


Hult International Business School

Module D “Application”

Integrated Skills Curriculum

Elective 1 (3 credits)

Action Learning Project (4 credits)

Business Execution (3 credits)

Elective 2 (3 credits)

Elective 3 (3 credits)

Management Communications (3 credits)

Elective 4 (3 credits)

Lifetime Career Management (2 credits)

10 credits

8 Credits

Toolbox “Foundations”

Module C Module B Module A “Fundamentals” “Advancement” “Mastery”

Leadership and Teambuilding (1 credit)

Accounting (3 credits)

Finance II (3 credits)

Quantitative Skills (2 credits)

Finance I (3 credits)

Strategy (3 credits)

Accounting and Finance “Bootcamp” (prerequisite)

Marketing (3 credits)

Operations Management (3 credits)

Introduction to Case Analysis (prerequisite)

Global Management (3 credits)

Corporate Social Responsibility (2 credits)

Managerial Economics (3 credits)

Consulting Methods (1 credits) IT for Business Managers (2 credits)

3 credits

15 credits

14 credits

6 credits 13

Academic Preparation Master of International Business (MIB) Academic Calendar 2010-2011 Dubai Campus Class of 2011 Orientation takes place over two days: September 19 & 20. Students are required to attend both days. Toolbox September 21 October 21

Toolbox classes begin End of Toolbox

Module A October 24 November 17 December 2 December 7 December 19 – January 1 January 18

Module A classes begin Dubai Campus Closed—Eid al Adha Dubai Campus Closed—U.A.E. National Day Islamic New Year Winter Vacation Module A classes end

Module B January 23 February 15 April 28 April 29 – May 7

Module B classes begin Dubai Campus Closed—Prophet’s Birthday End of Module B classes Spring break or relocation to new Hult campus

Module C May 8 June 17 – June 20

Module C classes begin Brief summer break or relocation to new Hult campus

Module D June 21 June 22 June 29 August 11 August 17 August 18

Campus Orientation & ALP Kickoff Module D classes begin Dubai Campus Closed—Accession of the Prophet End of Module D Classes Mandatory Graduation Rehearsal Graduation Ceremony for Class of 2011

MIB Curriculum Master of International Business (36 credits) Courses Credits Toolbox required Module A 12 Module B 12 Module C 6 Module D 6 Total credits 36


Hult International Business School

Toolbox “Foundations”

Module A “Fundamentals”

Module B “Advancement”

Module C “Mastery”

Module D “Application”

Accounting/ Finance “Boot Camp”

International Accounting

Global Operations

Elective 1 (optional)

Action Learning Business Execution

Business Math

International Finance

Consulting Methods

Elective 2 (optional)

Elective 3 (optional)

Micro- and Macro-economics

International Marketing

Project Management

Presentation Skills

Global Management

Global Citizenship

Case Method

IT for Business Managers Global Strategy

Examples of possible Electives: • Entrepreneurial Finance • Leading in Multicultural Organizations • National Strategies in the Global Economy • Marketing and Selling Industrial Products 15

Academic Preparation Sample Course Descriptions for Master of Business Administration (MBA) and Master of International Business (MIB) programs: Please note that courses are subject to change due to academic, financial, and other matters are regularly reviewed. Students can go to Hult Online for more updates. MBA/ MIB toolbox All students are required to take this onemonth introductory course. It is designed to provide you with the basic skills and conceptual foundations you will need for the Hult MBA/MIB program. During the MBA/MIB Toolbox, you will be introduced to some of the ‘soft skills’ approaches that you will develop to a much greater extent over your year ahead. In particular, you will have opportunities to learn and apply skills that will help you work effectively in cross-cultural teams. Sessions in international finance, accounting, and quantitative methods will sharpen your skills and help you to apply the appropriate tool to various situations. You will also learn the case study method, an excellent tool for building management and leadership ability, before the regular classes begin. Global Management (MIB/MBA) Develops students’ knowledge, abilities, and skills that they can use to be successful members of organizations in the future. Students will learn to diagnose complex, multi-dimensional situations and decide upon courses of action. They will learn to develop and employ the perspectives of management and leadership roles. By the end of the class, students will have a foundation for increasing their understanding of the places they’ll work and people they’ll work with, as well as for improving their own effectiveness. The context assumed for most of the course is that of a fairly mature, for-profit business organization. 16

Hult International Business School

International Marketing/Marketing (MIB/MBA) Covers the processes involved in the creation, communication, pricing, and distribution of products. It takes a managerial perspective – exposing students to the tasks and decisions faced by marketing managers, including target market selection, competitive positioning, and the formulation of product, pricing, communications and distribution strategies. The course puts an emphasis on international marketing contexts. Managerial Economics (MBA) Studies the analytical foundations (objective definition, marginal analysis and optimization, elasticity analysis, cost analysis, applied game theory, etc.) that are essential to be able to address key issues in competitive strategy, marketing strategy and related fields in a rigorous way and to make better decisions accordingly. Focuses on (1) companies’ strategic decision-making problems, (2) their available options and (3) how their performance is crucially affected by the competitive environment. Ultimate goal is to develop skills for making effective managerial decisions and strategic choices based on the analysis of companies’ cost structures and their market conditions. Case applications will be international and recent. Accounting (MBA) Develops students’ familiarity with the concepts and practices of international financial and managerial accounting. The first (financial) half of the course will examine the framework of generally accepted accounting principles, both U.S. and international, emphasizing revenue and expense recognition, valuation of assets and liabilities, financial statement analysis, and management communication. The second (managerial) half of the course will focus on the use of accounting to measure, analyze, and report economic events for internal organizational purposes. Students will illustrate how cost behavior

and reporting, budgeting, activity-based costing and management, and performance measurement are incorporated in business control systems, including balanced scorecards with non-financial measures. Finance I (MBA) Develops the financial skills and logical thought processes necessary to understand and discuss financial policy decisions in a global economy. Focuses on using financial statements in decision making, as well as understanding the time value of money, the nature of financial markets, and the cost of capital. Additional topics include valuation of stocks and bonds, management of shortterm assets, short-term and long-term financing, lease financing, capital markets, multinational financial management, and special topics in financial management. The impact of legal, social, technological, and ethical considerations on efficient economic outcomes is also stressed. A financial calculator is required and computer spreadsheet skills are developed. We will stress effective written and oral communication skills that are necessary for the design and implementation of financial decisions. Throughout the course we will emphasize best practices. Operations Management (MBA) Addresses one of the major functions of the organization – the delivery of goods and services to meet customer demand. Students develop an understanding of operations management in both service and manufacturing organizations with an emphasis on international operations. Topics include the functions and roles of operations managers, how operations relates to and works with other functions in the organization, and how to carefully execute operations strategy. Strategy/ Global Strategy (MBA/MIB) Provides and applies a framework of analysis that will help students formulate successful

business unit/company strategies aimed at establishing profitable and, to the extent possible, sustainable competitive positions. The primary building blocks are (1) the internal analysis of a company’s resources and capabilities, (2) the external/industry analysis, and (3) applied game theory. The course introduces hands-on tools and methodologies, including industry/segment analysis and competitive position analysis, strategic and value pricing, benchmarking, new product development, and managing the market’s expectations. Finance II (MBA) Expands upon the work undertaken in the first part of the course with an emphasis on financial decision-making under uncertainty. Considered are issues in capital structure, dividend policy, mergers and acquisitions, financial strategy, application of financial practices to non-corporate entities, ethics, and international finance. Through case discussions and text readings, this course will help students to develop the knowledge, skills, critical thinking abilities and behaviors required of managers. Although the main focus of this course is for profit-seeking firms, much of what is learned has applicability for organizations in the not-forprofit and governmental sectors as well. Consulting Methods (MBA/MIB) Drawing on the Professors’ consulting background, the course will present a consulting case methodology for realizing the required Action Learning Program. The course will prepare student teams presented with any client dilemma, a logical, structured approach to the project casework and communication with the client. Students will be prepared with both the behavioral and technical skills required of consultants such that, independent of industry and individual experience or expertise, they will have the confidence to quickly identify the key client issues and the ability to develop a comprehensive project workplan to address the issue(s). 17

Academic Preparation Project Management (MIB) Introduces students to the basics of project management, including project definition, initiation, planning, and execution. This course serves two purposes: first, to introduce you to the increasingly valued discipline of project management, and second, to prepare you for projects you will take later on in the year, especially during the Action Learning Program in Module D. We will also take some time to explore techniques in learning software – especially Microsoft Project and some free online services – in project management. In addition, we will discuss strategies for project and personal time management. Global Citizenship (MIB) Focuses on the impact that business enterprises have on society and our environment in response to growing demands from the public, NGO’s and governments that corporations accept more responsibility for their activities and actions. The course will undertake the challenge of defining and arriving at an understanding of the meaning, importance and implications of Global Citizenship and Corporate Social Responsibility on corporations and their multiple stakeholders. The course is comprised of readings from the text, augmented by an extensive reading list and case studies, as well as spirited, thought provoking classroom discussions. Business Execution (MBA) Enhances students’ability to lead others; work effectively in teams; plan, implement, and manage complex projects; and develop and mobilize human capital. The course is hands-on and application oriented; at the end of each module, students should be able to demonstrate group facilitation, talent development, decision-making and problemsolving practices. At the end of the course, the capstone management simulation activity provides a motivating laboratory where students practice the strategies and tools. 18

Hult International Business School

Management Communications (MBA) Exposes students to the strong executive writing skills that are essential for effective leadership. Students will learn techniques that improve the overall quality and effectiveness of their communications. The course is designed to help students become better leaders and achieve more, through strategies of written communication that are uniquely targeted to the North American business environment. Focuses on selfassessment, persuasive writing, meeting facilitation, proposal creation, case analysis, and oral and graphic presentations. Lifetime Career Management (MBA) Career Services offers a comprehensive Lifetime Career Management Program that helps you define your career options. You have the opportunity to take courses in interviewing skills, build powerful resumes, networking, writing effective cover letters, salary negotiations, leadership development skills, and communication skills. Individual career counseling is available to you to explore career options, mock interview practice, resume books, and use on-line career strategies resources. IT for Business Managers (MBA/MIB) The Module A portion of the course provides opportunities for students to gain an awareness of the nature and importance of IT in a rapidly changing society, and enables students to develop an application of knowledge, skills and understanding of IT from a business perspective. Focuses on the foundations of IT, the future direction of IT, and leads students to realize the importance of effective partnerships and integration between business and IT. The Module B portion of the course examines how information-based technologies are used in managing business organizations and in supporting business functions and processes. The goal of the course is to prepare you to

provide leadership in managing the use of information technologies. The course is not technical. Our perspective is always that of the manager. Topics will include IT Project Management, Software Development Lifecycles, and the importance of aligning IT with Business Strategies. Action Learning Program (MBA) The Action Learning Program is a real-world management exercise in which students address business problems posed by client organizations. Four or five teams of five students compete with each other to provide a client with the best innovative solutions and ideas for growth. Drawing on management skills from across the Hult curriculum, students present an action proposal to the client. The client evaluates the proposals and picks a winner. International Finance (MIB) This course is designed to introduce students to International Finance with a slight emphasis on the European dimension. Students will learn about various international financial markets such as the foreign exchange market, the Eurocurrency market and Eurobond market. In addition, students will study a range of financial instruments such as bills and bonds, options, forwards and futures. We also touch on the causes of the Credit Crunch and related financial instruments such as Credit Default Swaps and CDOs. International Accounting (MIB) This course develops your understanding of Accounting and Finance by showing both the differences between the two as well as their scope and limitations. In doing so, you will hopefully see that the lines of demarcation between the two strands are being continuously minimised to the extent that in the current business context both finance and accounting are almost merged in their use. The module has an emphasis on performance: both its measurement as

well as issues around its production. We will also cover the more qualitative aspects of accounting within such areas as, for example, capital investment appraisal, as well as some emerging issues for accounting and finance. Global Operation (MIB) This module will introduce you to some of the most important topics in the field of operations management. This is a very wide spread of activities, from developing strategies, products and processes, producing products or providing services for customers, tracking and managing the flows of materials and information, and also ensuring the quality of the processes. The module covers the principles rather than the detailed, quantitative aspects of the topic. The objective is that you understand the scope of operations, recognize its central role, and can answer some of the questions facing operations managers. Samples Electives: Please note that the electives below are courses offered in previous years. Electives courses are subject to change due to academic, financial, and other matters are regularly reviewed. Students will receive more updates beginning of Module B. Finance and accounting Financial Statement Analysis This course aims to provide students with the conceptual background and technical skills to be able to analyze financial reports prepared in accordance with generally accepted accounting principles, scrutinize disclosures made by management and by other intermediaries, become conscious of the underlying information environment in which capital markets operate, and make informed decisions regarding the valuation of equity securities. It draws on several 19

Academic Preparation disciplines—particularly business strategy, economics, accounting and financial reporting, and corporate finance—and integrates relevant aspects from these disciplines into a systematic framework that can be applied in equity analysis and valuation. Applied International Derivatives Derivatives have revolutionized the world of finance. They have supplanted other devices for controlling risk and for gaining business advantage. This course deals with three categories of derivatives: options, futures, and swaps. It discusses how investment managers can use these instruments to hedge risk and enhance company value. It examines the pros and cons of using derivatives, how to quantify the benefits they confer, and how they can be combined to maximize coverage. Investment Banking Businesses, governments, and individuals both supply and consume capital. Linking “capital accumulators” with “capital consumers” is the investment banker’s traditional function. This course examines this function as well as various other aspects of the investment banking business, such as securities trading, merchant banking, wealth management, and advisory services. It also discusses recent trends in investment banking, such as bank mergers, consolidations, and globalization. Working Capital Management Managing working capital is increasingly becoming important in financial management. With growing competition and rising investor concern for an adequate return on equity, corporations are recognizing that managing short-term assets and liabilities can significantly contribute to their long-term success. This course deals with various industry practices in working capital management. It explores the impact that such management could have on the overall 20

Hult International Business School

financial performance of the business, as well as the efficient utilization of incomeproducing assets. International Capital Markets It is essential for people in business to understand and use capital markets. Capital markets take into account information coming from every sector of the world economy and from every region. Welldeveloped capital markets spur economic growth and efficiency. In this course, students will learn how market participants value companies, what motivates mergers and acquisition, how companies issue securities, and how they design the securities they offer to meet the needs of investors. Furthermore, the course will examine the structure of international capital markets, the instruments traded in those markets, and the institutions that play key roles in capital markets. The course will investigate why the market shares of the different kinds of financial institutions are shifting so rapidly. The knowledge students acquire in this course will help them to obtain financing for their businesses and for their lifestyle. Financial Modeling This course is designed to tailor itself to the students enrolled. It is assumed that students are near MBA graduates who are seeking a career that uses strategic financial analysis. The course will help the student review the real world skills necessary to successfully interview for and begin the work of a manager with company value and cash flow responsibilities. All learning will be applied to a student-selected company and compiled in a company portfolio for use during interviewing at this company. Financial Institutions This course examines the management of financial institutions centering on the institution of greatest student interest, investment banks. For a long time investment banks were separated by

law from commercial banks in the United States, Canada, Japan and, perhaps other countries. The separation was unnatural as evidenced by the universal banks found in most other countries. About ten years ago, and longer ago in Canada, the legislation mandating separation was rescinded and commercial banks, the organizations with the fat balance sheets, began to acquire investment banks. In the fall of 2008 the process was dramatically accelerated because of the general weakness of financial institutions caused by ownership of “toxic” debt, chiefly collateralized mortgage obligations. Islamic Finance For centuries modern financial institutions have revolved and operated on the basis of interest. Islamic finance and banking institution are in contrast devoid of interest, hence the problem of the convergence between the two. Since 7th century Islamic finance has operated in the shadow of the traditional financial activities. Although the first official Islamic bank was chartered in 1975, the phenomenal growth of Islamic finance began in 2000. The biggest challenge facing the Islamic financial institutions is in harmonizing their activities to meet the Shariah Law which calls for no interest financial activities. Our main focus here will be on the principles and precepts of Islamic finance, review the range of financial instruments being offered, explore its weaknesses and provide a framework for comparative analysis of the two system. Global Strategic Valuation Through a comprehensive Strategic Valuation project – divided into a series of interrelated modules – this course surveys and applies an extensive array of valuation techniques and methodologies in a live case setting. Traditional and advanced performance and valuation techniques are examined in detail, along with the difficult “soft side” of valuation decisions such as behavioral finance.

Mergers and Acquisitions The course focuses on the design, analysis, and implementation of financial strategies aimed at repositioning and revitalizing companies faced with major competitive or environmental challenges, problems, and opportunities. The course helps students learn how to create corporate value by implementing dramatic changes in business. Discussions will focus on debt restructuring, leveraged buyouts and recapitalizations, corporate downsizing programs, mergers and acquisitions, corporate spin-offs, divestitures, and tracking stock. The goal is to learn to identify the processes to follow, the methodologies used, benefits and risks associated with business combinations. We aim to integrate knowledge from strategy, accounting, finance and management in the area of M&A. Emphasis will be given to the contemporary expectations and requirements of good governance, based on the roles corporations play in the society. The course is case-based, with occasional lectures. Advanced Topics in Finance This course covers contemporary issues in Finance. Over the past months, the world’s economy has entered a recession. Firms have disappeared while their top management either retired rich, or went to jail, or both. New forms of financing have been developed that not always reflect an understanding of the basic risk/reward financial equation. New approaches to financial management are being developed. Ethics have become increasingly important as new forms of governance are introduced into the firm. This course will examine some of these changes. Students will expand their understanding through research and gain a “hands on” understanding by preparing case studies. The objective of the course is to enhance the skills of an MBA student when encountering today’s business issues. 21

Academic Preparation Marketing and strategy New Product Development The course is conducted as an intensive workshop, which covers the process of idea generation, screening, concept development, testing, and commercialization of new products. Course components include case studies, lectures, class discussions, and presentations. The major component of this course is a competitive computer game. It simulates the planning and introduction of a new, frequently-purchased consumer good or service in the market. The different components of the course are integrated and provide a systematic framework for new product development and marketing. Thinking and Acting Differently to Make Innovation Real The world is flat - the traditional basis for differentiation whether in sourcing specific talent, having exclusive access to customers, owning unique intellectual property for production or having lower cost of capital is no longer true. These differentiators are now accessible to most companies and no longer provide a competitive advantage. Interestingly even in this environment, some companies are still able to differentiate and lead in the market and they are doing this through Innovation. Today innovation has emerged as the next and perhaps last great differentiate. In this course, you will learn about frameworks, tools and techniques developed by world-class consulting firms and deployed to make innovation real across industries and geographies by the professor in companies like HP, CEMEX, Bunge, Frito Lay, LG and many other companies. You will learn about the power of platforms, partners and portfolios to lead innovation and you will learn about systems and processes, the competences, organization and culture to support innovation. The most important thing that you will learn is to think differently about 22

Hult International Business School

innovation and to act differently to make innovation real. Management Practices: From Attitude to Strategy The thinking related to recent managerial history has shaken up strategic thinking in most corporations. The transformation of markets, the continued drive of globalization, and fast evolving technology have demanded innovative managerial approaches to conventional problems. This course will serve as a catalyst to these approaches. It will examine the challenges faced by business managers as they shift their focus to developing markets. It will test the viability of business solutions and strategic responses to change. It will take a fresh look at novel strategic thinking approaches, as well as the balance between business and human capital strategies. Moreover it will seek to learn the value of attitude to improving management. Solutions Marketing: Transforming the Business The concept of solutions marketing is a new one – there is very little written about it in academia. In several leading industries, however, it is becoming the dominant business model. Technology-based companies, professional services firms, and financial services companies are leading the way in moving to a solutions model. This course will provide the latest thinking and techniques that are being applied inside some of the world’s biggest and most influential companies. Many of the insights provided the students are drawn from the research and consulting experiences of ITSMA, the world’s leading services/solutions marketing and sales association focused primarily on the technology sector. Realize Strategy: Consultant’s Guide to Implementing Strategy The relentless forces of changing customer needs, globalization, cost containment,

deregulation, and technological change, combined with the drive for sustainable profitable growth require companies to continually rethink their business strategies. More than 70% of these new strategies are poorly implemented and have not been realized. This course is about techniques and methodologies for improving the success rate of realizing the goals of a company’s newly formulated strategy. It is neither about strategy formulation nor about strategy execution but the link (perhaps the missing link) between the two. This course is about developing the optimal design for executing and realizing that strategy using the REALIZETM Strategy Execution Methodology. The course will combine learning in the classroom, case studies, readings and implementation simulations. It will be taught by a team of experienced Management Consultants and will also draw upon external experts. Advertising Advertising is a hands-on course in nurturing the development of useful skills, knowledge, and understanding on how to influence people through advertising and brand promotion. The course includes examining lecture-based, story-based, and vignette advertising executions. The course includes exercises in creating advertising using all three approaches and student field exercises in creativity and execution steps in reallife field applications with the objective of gaining customer behavioral responses to advertising executions. Business to Business Marketing Business-to-Business Marketing is a managerially-oriented, case-based course with the goal of developing students’ ability to formulate effective marketing strategy for organizational customers (corporations, nonprofit organizations such as hospitals, etc.). The underlying foundation of the course

is the notion that organizational buying behavior has profound differences compared to consumer buying behavior – in terms of the number and nature of members of the buying unit and the nature of the buying decision process. Specifically, the course builds on the concept that B2B customers are more value-driven in their purchases than are individual consumers. For instance, their purchasing criteria tend to be more economically- and product functionalitydriven. Hence, the nature of the B2B marketing mix must take into consideration these characteristics of organizational buying. Pedagogically, the course uses an interactive, discussion format with the goal of developing students’ decision-making, analytical, and communication skills. E-Business The amount of trade conducted electronically has grown extraordinarily since the spread of the Internet. As one example, U.S. retail online sales is expected to exceed $200 billion in 2008 with world wide growth to double over 2007. eBusiness involves business processes spanning the entire value chain: electronic purchasing and supply chain management, processing orders electronically, handling customer service, and cooperating with business partners. eCommerce which includes revenue streams generated from business to consumer websites, is a subset of eBusiness and is included in this course. Modern eBusiness applications typically use the Internet at least at some point in the transaction’s lifecycle. This course examines the history of this increasingly important aspect of today’s business environment, the various types of eBusiness applications, the technical underpinnings needed to implement, and the critical success factors that drive true competitive advantage and profitability. Through the use of case studies and lectures, students will gain the knowledge they need to apply to their respective environments. 23

Academic Preparation International Pricing Strategy This course is designed to develop students’ ability to carry out strategic analysis necessary to price effectively in a global market by: • Evaluating the price sensitivity of buyers; • Determining the relevant costs for a pricing decision; • Anticipating and influencing competitors’ pricing; • Formulating pricing strategies appropriate for specific situations in the global market. There will be a marketing research component in relation to each of the topics. Connecting with the Customer This course is designed to expose participants to the latest concepts, strategies, and tactics used by today’s leading marketing practitioners. Through lectures, readings, case discussions and final team projects, practitioners will learn to assess and apply best-in-class techniques in such areas as communications, promotions, customer management and branding. The course will promote the view that successfully connecting, or marketing, to a customer comes from first building a deep understanding of the customer. Designed as an overview course, the class will approach each topic from a global perspective, in keeping with Hult’s international emphasis. Return Driven Strategy This course focuses on practical business strategy planning and analysis with a very strong connection to cash flow returns and valuation. It is applicable to corporate managers, private firms, entrepreneurs, and investment analysts wanting to shore up their fundamental analysis capabilities. Topics of this course dive into the linkage between strategy, execution, performance, and valuation. Or in layman’s terms: business plans, actions, results, and forecasts.


Hult International Business School

Services Marketing This course covers the processes involved in marketing management of services. It focuses on the knowledge needed to implement service strategies across countries and industries, using the case method. Services provide unique challenges to managers. Common problems in service organizations are: difficulty synchronizing supply and demand, challenges in controlling the performance quality of human output, and even in accurately defining what a “quality” service is. Inability to inventory is also quite common in some industries (airlines, hotels, etc.). The majority of MBA graduates will probably work in a service industry, since many of the economies of the world are now dominated by services. Management International Negotiations We are all instinctive negotiators. We negotiate at work and at play. But are we as effective as we could be? Structured around individual and group exercises, this course aims to enhance the student’s ability to prepare for, and conduct negotiations in an international business context. It culminates in an investment simulation, based on a choice of whether to create alliance in China or India, which elucidates the dynamics of hitech international negotiations. Throughout the course, students are expected to prepare a game plan, negotiate with classmates, submit a journal of the negotiating experience, and self-critique their own negotiating skills. Leadership in the Global Village – Increasing Personal Power and Influence “The world is a global village” encapsulates the interconnectivity of nations and states. To be effective in this global village, international managers must be aware of the personal, cultural, and national factors that often influence business decisions. This course aims at heightening this awareness.

It applies theory, practice, and experiential learning to enhance self-awareness, adaptation, and tolerance. It explores the functions, expectations, and qualifications of effective leadership in the global village. Entrepreneurship Far too often, good business ideas fail because the entrepreneurs behind them don’t understand how to fit their ideas to the market or obtain the resources they need successfully. Using a combination of case analyses, class discussion, outside speakers, and a final project, the course is a broad and realistic introduction to entrepreneurship to help students make career choices while sharpening their analytical skills. The course is invaluable to anyone who hopes to lead the development of a new product or service whether you are starting your own company, managing a privately-owned firm, or leading a project within a larger, more established firm. Doing Business in the Middle East Conducting a profitable business in a foreign land with different cultural values is always difficult, but doing it successfully in the Middle East consisting of 27 countries, each with their own cultural nuances, languages, and customs are specially challenging. The region is part of the new emerging markets. Although some are suffering from slow growth and gripping underdevelopment, others are very vibrant and are considered among the middle to high income developing countries. To be successful, one has to have an understanding of the Islamic culture, social and business norms and customs. The region as a whole is rich with variety of natural resources, especially oil. The main focus here will be to review the regional potential and develop a business strategy to succeed in a select country.

Real World Decisions Global managers are faced with a neverending stream of decisions and choices, from the simple definition of a new product feature to the very complex restructuring of an international operation. Unfortunately, most of the structured decision-making models we have been exposed to are dominated by financial tools and techniques. While financial considerations are always important, this dominance of financial thinking short-changes the multi-faceted, practical realities of real-world decisions where one needs to consider many other value-elements in an increasingly uncertain world and take into account many interrelated issues that must be addressed for successful implementation. Managing People After you complete your learning experience at Hult, as an owner, executive, manager or supervisor, it will be exceedingly important that you form a partnership and work closely with the Human Resources professionals at your firm to solve many of the human resources issues, challenges and problems that occur in every organization. This course is designed to increase your knowledge, understanding, skills, and experience so that you will be more effective in the management of your most important resource ‌ your people. We will use a variety of approaches, including lectures, case analysis, class discussions, and skill building exercises. During the time we are together you will learn to listen more effectively and you and your classmates will be encouraged to put your talents to work so as to become more accomplished and aware of your potential impact on the success of your organizations through a better understanding of Human Resources Management. It is hoped that you will come to appreciate that your personal development in preparing for the future in any organization is rooted in increasing your sensitivity to, appreciation for and understanding of Human Resources 25

Academic Preparation Management theory, philosophy, best practices, policies, and procedures. Hopefully, what you learn will help you acknowledge, manage, collaborate with, and reward the diverse perspectives and contributions of others. Managing the Family Business Family Businesses are the oldest form of business in the world. Their importance in the economy of most countries is evident from the following numbers: the largest percentage of all registered companies, between 52% in the Netherlands to as high as 99% in Italy; creator of the majority of the new jobs; 45%-70% of GNP; and equally important to contribution to the workforce. The family business is vital force in the economy of all countries. All business have to interact with family owned companies as clients as suppliers Hence the course will cover subjects as they relate to management, governance and succession. Business information systems and operations management Service Operations Under increasing competitive pressure, executives are re-examining the issues related to the delivery of services to customers as efficiently as possible. Information and communication technologies are expanding rapidly, thus fueling growth in the services industry, which will enable service processes across all industries to operate more economically. The course explores ways to apply accumulated knowledge of service delivery to a variety of cultures at different cycles of economic and industrial development. Topics will include (1) the role of the service industry in economic growth, (2) the service delivery and operations process, and (3) variation and complexities in different economies, both developed and developing. 26

Hult International Business School

Project Management Principles and Certification Review This course is an intensive review of project management principles and practices. Readings and classroom exercises are designed to prepare students for the Project Management Professional (PMP) or Certified Associate in Project Management (CAPM) certification exams. Students will master the material in the “Project Management Body of Knowledge,� the framework on which the PMP and CAPM exams are based. Students will also explore alternative project management methodologies and industryspecific project management practices. Though the course primarily targets students who plan to take the certification exams, it will appeal to anyone interested in developing project management skills. Supply Chain Management Integrated supply chain management synthesizes supply management, production, logistics, and enterprise systems. The course focuses on supply chain strategic framework and strategy; distribution network configurations and network design; supply chain planning; demand forecast, aggregated planning and inventory planning. It provides a comprehensive perspective of supply chain management.

Global Rotation Program Study in the world’s key economies You may have picked Hult for a variety of reasons, but something which sets us apart from other business schools is our unique and innovative Global Rotation Program. Championing Hult’s enduring philosophy that international experience is integral to today’s business world, this initiative gives you the freedom to transfer between our five global campuses, located in the world’s most influential cities—Boston, San Francisco, London, Dubai, and Shanghai. The Global Rotation Program is subject to the capacity constraints of Hult’s campuses. In order to be eligible to participate in Campus Rotation, students must meet the criteria listed below by the time of campus selection and elective registration: • obtained the minimum GPA of 2.67 at the end of Module A • passed all core and skills-track courses • up-to-date on tuition and fee payments

Students then register for their Module C & D campuses at the beginning of Module B. Electives at those campuses are selected at the same time. Rotating students must submit a refundable deposit equivalent to USD500 per rotation module in order to participate in the program. Please see the Campus Rotation Policy on Hult Online for more information about deposit payment and refunds. Visas, Travel, and Accommodation Students use the remainder of Module B to make the necessary arrangements for studying abroad. Rotating to a Hult campus in another country requires application for a visa for entry to that country. Hult staff will provide instructions on Hult Online and, where available, logistical support for visa applications, a forum for students to use for making housing arrangements, and guidance and advice for all other preparations being made. Pre-departure and Cultural Adaptation

A refundable deposit of USD500 (paid in the campus’s local currency) is required to secure each rotation module.

Rotating students must attend the predeparture and cultural adaptation sessions before departure to their rotation campuses.

How does it work? The Rotation experience begins in late Module A with the Campus Rotation Fair where students learn more about Hult’s campuses worldwide and how to join their classmates there. Topics covered include: • A review of the program & of the policies that are posted on Hult Online • Rotation timeline • Summary of the multiple visa processes involved • List of Module C & D electives • Presentations on all five Hult campuses: Boston, San Francisco, London, Dubai, and Shanghai

Estimated Costs of One Rotation Module (Flights, accommodation, and visa fees) MBA/MIB Boston San Francisco Dubai London Shanghai

(USD) 2,500-5,000 (USD) 2,500-5,000 (USD) 2,500-5,000 (GBP) 1,250-2,500 (USD) 2,500-5,000 27

Student Services

The Student Services team is your best port of call for support, information, and guidance. From housing issues and visa concerns to the best restaurants in town, the Student Services door is always open. The team is dedicated to the welfare of our students and is committed to helping you make the most of your time at Hult. Social Events At Hult, we emphasize celebrating diversity and bridging cultures. It is expected that students, as future leaders in their respective fields, will develop the thorough and necessary cross-cultural skills to overcome barriers that cultural divides often pose. Student Services plan a full range of activities to help you take advantage of your time in Dubai and help you learn as much as possible about other cultures. Students are encouraged to participate both in the planning and in the celebrations shared throughout the year.


Hult International Business School

Hult Student Association Each incoming cohort of students has an elected body called the Hult Student Association (HSA). This group meets with representatives of the school on a monthly basis to ensure that student voices are heard and that their views are represented on matters that have a direct bearing on the quality of the student experience. The Dean’s Forum During each module, you will also be invited to the Dean’s Forum. Moderated by the Dean, these get-togethers are an informal opportunity for students and staff to mingle and discuss recent successes and challenges in an open forum.

Career Services The Career Services team provides training, advice and support to prepare you for finding your next role, developing your career and building skills that will support you throughout your career. Students need to be prepared to commit to their own search and make the most of the opportunities offered both by Career Services and externally. You will be motivated to make the most of our personalized approach of individual career counseling to write dynamic resumes and cover letters, practice mock interviews and learn how to use online sites for social networking. Our Business Development team is dedicated to building relationships with organizations to promote the Hult brand and our students as potential employees. They work with recruiters on promoting specific vacancies, organizing on-campus events and networking opportunities. The Business Development team also keeps students and colleagues updated on market trends. Hult Career Events, Seminars, and Recruiting Activities To give you that first step into the international job market, we give all Hult students access to a database of global employment opportunities. In addition, we offer a myriad of campus activities to support all our students in their employment search. We often host company information sessions where HR representatives speak about industry trends, their firms and their job opportunities. These activities put you in contact with business leaders from around the world.

Students lead committees throughout the year that run career events supported by the Career Services and Business Development teams. Student committees will often assist the Business Development team to run Career Treks in their local areas. A Career Trek comprises visits to companies at their offices to get first hand insight into their business and culture. By visiting their offices you can meet a wider range of representatives from the organization. Additionally, we will invite lunchtime and evening speakers for sessions, invite recruiters and company representatives to campus, introduce you to networking organizations of relevant areas of interest, and help you establish contact with many alumni from different industries and functions throughout the world. Student Clubs While Career Services will organize an array of activities, we encourage students to expand their network by joining student clubs and getting involved in the campus activities. There are many ways to get involved in your campus. You may also consider establishing a club yourself to show your commitment to an industry or to pursue your interested field. At Hult, you will never be lacking for something to do, and you will always be able to find someone with whom to do it! Friendships that are forged over the year become one of the most memorable parts of your business school experience. A full list of student clubs is available at Hult Online. 29

Career Services Career Placement Statistics* • Average post-MBA salary: USD79,746 • 77% of graduates were employed within three months of graduation

Hult's Placement Statistics (Class of 2009)

21% Other

28% North America

16% Other

12% Finance/Banking

4% Real Estate/Construction

20% Consulting

9% Healthcare/Pharmaceuticals 9% Europe

31% Asia

21% Other

11% Latin America

8% Sales

10% Sales & Marketing

4% Research

8% Marketing 17% Business Development

14% Consulting 9% Finance


9% Operations/ Project Management

Hult International Business School

3% Oil and Gas/Energy 4% Non-Profit 5% Education

17% Manufacturing 10% IT

Finances Tuition Costs These costs include your program’s tuition and other required fees, as well as discretionary expenses for housing and living. MBA Prices In USD Tuition Fee $52,500 MBA Toolbox


Housing & Living Expenses1 $22,000 Medical Insurance2


Case Study Pack


Student Activities


Books & Other Course Material3


1 Estimated cost for single person only. 2 The prices quoted are the cost given by the insurance

provider and are subject to change. 3 Students will be required to purchase additional

textbooks and materials as determined by the professor. Costs listed are an estimate only.

Global Rotation module $2,5005,000 (flight & accommodation)

MIB Prices In USD Tuition Fee $30,500 Toolbox


Case study pack


Student activities


Medical Insurance2


Housing & Living Expenses1 $22,000 Books & Other Course Material3


Global Rotation module $2,5005,000 (flight & accommodation)

Payment of Tuition and Fees You will be required to pay 50% of your total tuition and fees 60 days before classes start. The remaining balance is due 30 days before classes begin. Financial Aid—Fellowships A limited number of fellowships may be available to students. These fellowships offer students the opportunity to work with faculty and staff members at Hult International Business School. The number of fellowships varies from year to year and from campus to campus. The fellowships available each year are communicated to students following the start of classes. Eligibility requirements for fellowships may differ at each campus

in compliance with local laws and will be communicated to students after they arrive on campus.

Financial Aid—Education loans The majority of our students utilize some form of education loan even if they receive a scholarship or fellowship. Students requiring financing for their tuition costs have two main loan options: Bank loan Financial institutions in many countries offer education financing specifically to local citizens wishing to pursue an MBA/ Master degree. These loans are typically repayable after completion of the course, although terms vary widely. We are happy to work with our students to help them identify suitable financial institutions to apply for these loans. Erika loan Hult has established a partnership with Erika Finance, a Hong Kong financial institution, to offer MBA student loans to international students. These loans offer very competitive interest rates. The loans are typically offered over five years with repayments starting six months after graduation. *Erika loan is offered to MBA students only. 31

Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome Welcome


Hult International Business School Americas Admissions Office 1 Education Street Cambridge, MA 02141 United States Tel: +1 617 746 1990

Europe Admissions Office 46-47 Russell Square, Bloomsbury London WC1B 4JP United Kingdom Tel: +44 207 341 8555

Asia Pacific Admissions Office 2301-08, Shell Tower, Times Square Causeway Bay, Hong Kong Tel: +852 2111 2399

Middle East, Africa, India Admissions Office 7th Floor, Block 10 Dubai International Academic City PO Box 502988, Dubai United Arab Emirates Tel: +971 4 375 3088


Hult International Business School

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