Executive MBA | General Management
Staatlich anerkannte private Hochschule
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Dean’s Welcome | Contents
For Your Success
Dean’s Welcome
3
It’s Your Choice
4
Ranking Results and Quality Assurance
5
Stay Ahead
6
Leadership Competencies
7
Program Structure
8
MBS Faculty
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International Experience
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Projects, Teamwork and Personality
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Participant Profile
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Munich
14
MBS Alumni Network
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History
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Admission Requirements | Financing
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Test Us
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Contact
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Dean’s Welcome
3
Dean’s Welcome The demands made on executives are steadily growing. In a dynamic and increasingly complex world they must make responsible decisions based on facts, develop future-oriented concepts and keep pace with the steady advance of knowledge. The leadership role, however, also requires a broad general knowledge, a wide range of management skills and a clear perspective for people and the working environment.
With our MBA in General Management we therefore developed an offer which enables professionals to keep taking over responsibility in their company and at the same time enhancing their management know-how with lasting effect. This program is on the one hand very compatible with the professional activities of the participants and, on the other hand, offers them a regular intensive study environment within the MBA classes.
Besides modern management studies, entrepreneurial thinking and international competence, the Executive MBA program in General Management at Munich Business School (MBS) also conveys self and social competence. The courses of study at MBS are focused on people. We want to encourage you not only to learn, but also to reflect on problems and take the appropriate action. An MBA is a challenge and an experience that widens the personal horizon and opens up perspectives for the future.
Today it is becoming more and more important from which institution you receive your MBA. We are committed to help you to find out whether MBS is the right choice for you and your career: Meet us at one of the MBA fairs; visit us in Munich for one of our MBA Info Sessions or a personal consultation. There is also the opportunity to sit in an MBA class to get a personal impression of the Munich Business School MBA. We are looking forward to getting to know you personally.
Our collaboration with many companies had a significant influence on the development of our MBA program. Through our constant contact with many businesses, we have come to the conclusion that it is not possible for employees with many responsibilities to leave their occupation for a significant amount of time to further their education.
Prof. Dr. Stefan Baldi Dean Munich Business School “Being close to business enables us to know early and exactly the requirements that companies have for their leaders. Meeting these needs by consequentially aligning with them, gives the students of Munich Business School excellent job perspectives.”
Prof. Stefan Baldi Dean Munich Business School
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It’s Your Choice
It’s Your Choice Some consider an MBA as a step higher on the career ladder or an opportunity to boost salary. An MBA enables current managers to enhance their leadership and management skills while also giving prospective managers the tools to be successful in their growing career. An MBA also builds a professional network which is vital in a competitive job market. It’s a further degree obtained after several years working in the field, thus enabling students to correlate practical learning within their current jobs.
The MBA program at a glance The part-time MBA of Munich Business School is especially designed for mid-career, high-potential professionals seeking to complement and enhance their previous education as well as their work experience by gaining state-of-the-art management knowledge and skill with an international focus. Lectures are taught in English and will take place approximately every second weekend from Friday afternoon till Saturday evening. This efficient structure allows students to study alongside working. Taking on an MBA will be a challenging and time consuming task but in the end an advantageous investment in your future. It will probably be one of the most important decisions you can make, and choosing the right program is essential.
Munich Business School’s Offer ❚ Rankings Munich Business School is frequently ranked among top Business in Germany. (see box on page 5). ❚ Accreditation All study programs of MBS are accredited by the Foundation for International Business Administration Accreditation (FIBAA) – one of the six most important international quality and accreditation agencies within Europe. Its quality seal of approval certifies the professional relevancy and quality of the study courses. ❚ Broad Business Education The broad business education of the program covers all relevant areas of management and focuses on leadership competencies. ❚ Internationality & Global Network A diverse and international student body with participants of many different personal and professional backgrounds plus more than 30 partner universities over all study programs bring a special international flair to Munich Business School that enrich every program.
Ranking Results and Quality Assurance Rubrikentitel at MBS
MBS in Rankings As one of Germany's leading business colleges, the Munich Business School routinely subjects itself to the reviews of the “Centrum für Hochschulentwicklung” and the "Zeit", the trendenceInstitute, the Hochschulanzeiger, the Frankfurter Allgemeine Zeitung or the magazine "Karriere" issued by the Handelsblatt publishing group. The reviews of the various editorial offices and organisations are based on very different criteria. It's all the more pleasing to see the Munich Business School continuously ranks in the top bracket and is also among those colleges which are listed as winners in rankings (see right insert).
MBS Ranking Results
In 2007, research institute trendence published a special report on business study courses in Germany. The group of respondents consisted of 8,240 students at 66 public and private universities. The results range from 1 (best) to 10 (worst). Based on these findings, MBS offers the best Bachelor curriculum in Germany and attained amongst others the following detailed ratings:
Internationality of the Education Pl. University
Mark
1
MBS
1,4
Quality Assurance
2
HHL Leipzig
1,5
3
WHU Koblenz
2,0
Government Accreditation
4
Kath. Univ. Eichst.-Ingol. 2,2
The Munich Business School became the first state accredited private university in Bavaria in 1999. As a result, it offers its services under the supervision of the Bavarian Ministry for Science, Research and the Arts. Its exam requirements are also approved by the Ministry and MBS has the right to award academic titles.
5
EBS Oestrich-Winkel
5
Hochschule Reutlingen 2,4
Ø
All Universities
International Accreditation All study courses offered at MBS are FIBAA (Foundation for International Business Administration Accreditation) accredited. The FIBAA is one of the six most important international quality and accreditation agencies. Its quality seal of approval certifies the professional relevancy and quality of the study courses.
Evaluation of Courses Every MBS course is anonymously evaluated in the interest of continued quality assurance. For this purpose, at the end of every semester each student evaluates all courses attended and the dons used. The markings and the responses to open-ended questions form an important decision-making basis for the continued improvement of the course offerings and the curriculum for the following semester.
5
2,4
“Junge Karriere” Magazine Bachelor Rating 2008 With a top rating of five stars, the new “Junge Karriere“ Magazine Bachelor Rating (published in the March 2008 issue) gave the study portfolio of MBS excellent grades. In cooperation with the “Centrum für Hochschulentwicklung” (CHE, Center for University Development) and the “Arbeitskreis Personalmarketing” (DAPM, Action Team Staff Marketing), the magazine took a close look at 124 business administration study courses at more than 70 German universities. The focus of the study was on the concrete professional skills students have upon graduation. In the overall assessment, Munich Business School landed in an outstanding second place nationwide.
4,2
Practice Orientation Pl. University
Mark
1
MBS
1,4
2
HHL Leipzig
1,5
3
WHU Koblenz
2,3
4
Univ. Witten-Herdecke
2,4
5
EBS Oestrich-Winkel
2,5
Ø
All Universities
4,8
Support by Lecturers / Professors Pl. University
Mark
1
HHL Leipzig
1,5
2
MBS
1,7
3
Kath. Univ. Eichst.-Ingol. 1,8
Ø
All Universities
4,2
Quality of Teaching Methods Pl. University
Mark
1
HHL Leipzig
1,8
2
MBS
1,9
3
Kath. Univ. Eich.-Ingol. 2,1
Ø
All Universities
3,7
Top result in nationwide German CHE Ranking Business 2008 – the best among all business study courses in Bavaria The “Centrum für Hochschulentwicklung” (CHE, Center for University Development), a joint institution set up by the University Principals‘ Conference and the Bertelsmann Foundation, has surveyed students and graduates of more than 250 business administration study courses in the German-speaking regions to get their assessments of their studies and the universities they attended for its annual university ranking. In the socalled compact comparison, MBS landed best grades in 4 of 5 categories (study situation overall, services, practical approach, library facilities) in the nationwide comparison. In a detailed comparison of the 25 participating Bavarian universities MBS attained the best grades in 12 of 13 individual categories.
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Stay Ahead
Stay Ahead
Plenty Opportunities...
Participants in an MBA study program have decided on such a study program for various reasons: In many cases they are striving for in improvement of the professional state and broadening the career horizon. Of course it's also about expanding existing knowledge and to gain new knowledge. The conclusion of an MBA study program oftentimes also results in a salary improvement. And although even an MBA does not provide any guarantees, the career and salary history oftentimes also improve in multiples. The study program qualifies to demanding occupations in management and due to its flexible character also facilitates a change between individual companies and fields. Unlike other masters programs, which are oftentimes highly theory oriented, an MBA is highly reality-oriented. It's mainly about also being able to apply the acquired knowledge to daily life and the job. Exactly this perspective makes an alumnus of an MBA study program so attractive to employers.
MBAs are predicted to have increasingly good chances in the job market because the title is internationally recognized. This international recognition of the degree is probably the biggest advantage. Especially in today's growing globalization companies require professionally versed and worldwide deployable staff. Inter-cultural compe- tence, immersion of language skills paired with knowledge of general management account for a large part of the MBA curricula.
It's important that the right MBA study program is selected quite individually. If in your professional life you have already specialized yourself in a specific direction, it typically makes more sense to align your MBA study program in a more general direction and to acquire abilities and skills such as general management, soft skills and self-competence. When selecting an MBA one should therefore first put plenty of thought into what is particularly important to one's personal continuing education. After all, the possibilities of an MBA are plenty. So ask yourself which of your strengths you would like to expand on and where your interests and abilities lie. For example, how would you respond to the following questions? ❚ Do I have the formal requirements for an MBA? (first college degree and at least two years of work experience) ❚ Do I envision my future to be in an international field and do I enjoy working with personalities from other countries and cultures? ❚ Which professional goals am I pursuing? Are my management and soft skills required for this purpose up to date? ❚ Do I enjoy working in small groups with plenty of interaction? If you answered yes to most of these questions, then the MBA program of the Munich Business School is just right for you to advance professionally, broaden your horizon and to also increase not only your personal but also your professional market value.
Our Approach Not only what you learn but also how you learn is important to us. At Munich Business School small workgroups with a high diversity and an intimate atmosphere create an optimal learning environment. They allow students to work closely with their lecturers and their classmates: ❚ Teaching Style Adheres to a high standard of teaching including theoretical teaching along with practiceoriented case studies and project work. ❚ Interdisciplinary Approach Real-life projects allow students to use the theoretical training in a realistic scenario. ❚ Entrepreneurial Spirit Individuals learn how to have a good grasp of new business ideas and use creativity and innovation to implement these ideas. ❚ Dedicated Faculty The program is taught by a competent, experienced team of lecturers who have excellent educational credentials and field experience. As the first accredited private university in Bavaria it is our mission not only to provide students with the ideal learning environment but also with vital tools which they need to succeed in a competitive business environment.
Part-Time Format The part-time study program is divided into three terms over a period of 24 months. Each term begins with a full-time, intensive week at MBS. Classes then meet every second weekend, Friday afternoon and Saturday, which fits perfectly into a business professional’s schedule. In addition, the program includes two week-long study visits at SDA Bocconi in Italy and Singapore Management University. Munich is within easy reach of many German and European cities. Classes are held at the MBS city campus conveniently located just four subway stops from Munich Central Station.
Rubrikentitel Leadership Competencies
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Leadership Competencies The MBA at Munich Business School is focused on management and leadership competencies and covers three main areas:
❚ Social Competence Communicating and dealing with others, getting ideas across, recognizing and handling conflicts
❚ Business Know-How Practical knowledge in core economic and business areas such as Finance and Marketing with an emphasis on International Management
❚ Self Competence Recognizing one’s own strengths and weaknesses and dealing with them accordingly The mission of MBS is to incorporate these three essential components of leadership in our curriculum and through our teaching.
Reda Belarbia Senior Consultant, Ferrari S.p.A. MBS ‘08 “The teaching has expanded my skill base and given me a way
Social Competence
Self Competence
Interacting
Reflecting
Leadership
to look at life with a different perspective. I didn’t think that all the major disciplines could be covered so effectively in such a relatively short period. Courses were well organized with an enriching interaction in the classroom with smart people
Business Know-How Doing
coming from different backgrounds.”
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Program Structure
Program Structure Munich Business School’s MBA program is perfectly structured to meet your individual needs and interests. According to that, the program is designed especially for mid-career, high-potential professionals seeking to complement and enhance their previous qualifications. The part-time format of our program takes your time constraints and job responsibilities into consideration; therefore the courses take place twice monthly from Friday afternoon till Saturday evening over the first three terms, ensuring you have a continuous, “plannable” workload. Management Basics (Term 1) These modules provide you with basic management concepts and functions. By that, students from different professional and academic backgrounds find a common language and acquire state-of-the-art management knowledge.
Management Disciplines (Term 2) During the second term, we offer you courses that complement the functional concepts of the first term. Moreover, you will attend advanced courses, building on and enhancing these basics. Advanced Management (Term 3) The interdisciplinary advanced modules reflect the management challenges faced by today’s business leaders. This cross-functional approach ensures that you acquire the skills and knowledge necessary for leadership roles in business and society. You will gain expertise in your personal fields of interest and learn to select and combine a variety of management tools. Master Thesis (Term 4) The master thesis is a cornerstone of our academic program. Investigating a topic deriving from your personal managerial experience on the basis of the input from the study modules, you will write a scholarly paper which synthesizes theory and practice.
Term 1
Term 2
Term 3
Term 4
Management Basics
Management Disciplines
Advanced Management
Master Thesis
Financial Management
International Management
Financial Accounting
Strategic Marketing
Leading the KnowledgeBased Organization
Managerial Economics
Supply Chain Management
Business Law
Presentation Skills
Negotiation
Leadership
Business and Society in a Global Context
Human Resources Management
Intercultural Communication
Self Management
Creativity
Conflict Management
24 Months
Practical Application
International Week 2
International Week 1
Foundations of Management
Business Know-How Social Competence Self Competence
Rubrikentitel MBS Faculty
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MBA faculty – excellent hands-on business and teaching experience Munich Business School’s faculty in the MBA program is a selected combination of resident professors and visiting professors from other universities who bring a variety of experience to the classroom.
In the following we introduce you to four characters who will let you share in their extensive knowledge from experience as well as from science and research.
Prof. Dr. Holger Erchinger Lecturer in the area of Accounting, Auditing and Corporate Taxation Prof. Dr. Holger Erchinger (Certified Public Accountant) is Professor for Business Administration and Accounting at the Berlin School of Economics. Before, he worked as a senior manager with KPMG Deutsche-Treuhand Gesellschaft AG in Munich in the business function Audit Commercial Clients. Dr. Erchinger has worked in the area of public accounting and related consulting services for about 11 years, serving different clients in multiple industries. Between 2002 and 2005, he worked in KPMG's Department of Professional Practice in New York City. Dr. Erchinger's areas of focus are International Financial Reporting Standards (IFRS), corporate finance and capital marekts. Dr. Erchinger's teaching experience includes lectures for international accounting and corporate governance at the University of Augsburg and University of Ingolstadt.
Dr. Dirk Lorenz Lecturer in the area of Business Law Dr. Dirk Lorenz is partner of the international law firm Taylor Wessing in Munich where he started as a lawyer in 1999. He studied in Munich and Paris (1990-1996) and received in 1999 his doctor of laws degree from Ludwig-Maximilians-Universität, Munich. He holds a special degree in tax law. His main areas of work are M&A-transactions, international tax law and stock corporation law. He is a member of the International Fiscal Association and of the German Corporate Law Association. Dr. Lorenz has been the author of various books and articles. Since 2005 he lectures at the Center for Digital Technology and Management, a joint institution of Ludwig-Maximilians-Universität and Technische Universität München.
Prof. Dr. Carsten Rennhak Lecturer in the area of Marketing and Management Prof. Dr. Carsten Rennhak teaches Marketing and Management at Reutlingen University. Prof. Rennhak received his Bachelor as well as Diploma degree in Business from Augsburg University, a Master in Economics from Wayne State University, Detroit, and his doctorate from Ludwig-Maximilians-Universität, Munich. Prior to his academic career, Prof. Rennhak worked as a management consultant and project manager for Booz Allen Hamilton in the telco, media, high tech and utility industries. His primary research interests cover marketing communication, customer loyalty and corporate strategy.
Prof. Dr. Roland Berger “Those who want to be successful do not necessarily need a role model. Instead, everyone needs to find his own way to be successful in future business endeavours. The students of the Munich Bu-
Prof. Dr. Frank Seger Lecturer in the area of International Management Product Manager in the PC Industry in the 80ies, Founder of Seger Computer GmbH and Study of Economics in Bonn. 1991-2003 research assistant at the Chair of International Management, Mannheim University. 1997 PhD in Business Administration / International Corporate Governance. Publications in the fields of International Corporate Governance, Market Entry and Investor Relations. Furthermore activities in Management Training, Business Simulations, Business Plans and Corporate Strategy. 2003-2004 Head of Controlling and International Management, Innovative Plasma Systems GmbH. 20042005 Key Account Manager Business Simulations, esmt. Since September 2005: Lecturer at Munich Business School, since September 2006 academically responsible for MA studies.
siness School took the right first step in this direction – because by choosing this university, they also chose excellent study conditions in appropriately small groups.
10 International Experience – Singapore Management University
Experience Singapore The participants of the MBA program are excited after returning from their stay at Singapore Management University. The students were able to feel the effect of this university directly, which with massive state support has become an attraction for the best economists in the world. In addition to lecturers who have received their doctorates at Princeton or Stanford, it was Augustine Tan, former office manager of the Premier Minister Lee Kuan Yew and long-time Chairman of the parliamentary commission for finance, trade and industry, who gave the guests from Munich an extensive overview of the economy in Asia and its most important players. In addition to China, India and Japan, the economy in Singapore was naturally a focal point as well. “An absolute advantage of this program” is how MBA student Ann-Kathrin Hederer summarized her impressions of the fascinating trip. The study week in Singapore is, like the stay at SDA Bocconi in Milan, a solid component of the MBA program at the Munich Business School.
Singapore Management University Singapore Management University’s (SMU) mission is to groom outstanding business leaders and creative entrepreneurs capable of excelling in a rapidly changing and dynamic world. The inspired collaborations with The Wharton School, The Kellogg School of Management and the Chicago Graduate School of Business allows SMU to draw on the various institutions’ academic and research strengths across all major disciplines. SMU hosts a one-week module with a focus on Asia and innovation and technology for the Munich Business School MBA program. Sample topics covered in former sessions of the international week in Singapore are: ❚ Asia Pacific Economics – examines Asian Pacific countries and their efforts to build and restore their respective economies within the aftermath of the Asian currency crisis. China, Japan, Singapore and Taiwan are focused. ❚ The New global Economy – focuses on Asian countries and the competition in every possible area of services such as airport and high tech industrial parks and its affect on an enlarging market. ❚ Managing IT – examines technology investments in a company and how technology choice can affect business. ❚ Business Innovations – designed to prepare participants to identify business innovations resulting from technology innovations that create both new revenue and cost savings. The course modules are supported by company visits. Visits in the past included Asian Pacific Breweries and PSA International Pte Ltd.
International Experience – SDA Bocconi 11
Milan Cathedral
SDA Bocconi SDA Bocconi is an international benchmark for managerial research and executive education. It is consistently ranked within the top 10 business schools in Europe and accredited by EQUIS as monitor of excellence among European business schools. The mission of SDA Bocconi is to play an active role in the processes of internationalization and innovation. Furthermore SDA Bocconi promotes a constant improvement in quality to meet the challenges of the global market and to facilitate international economic integration. SDA Bocconi hosts a one-week module with a focus on strategic and international management for Munich Business School’s MBA program. Sample topics covered in the international week at SDA Bocconi are: ❚ Global Strategies – discusses the key motives for the internationalization of a company and how to create a sustainable competitive advantage on the international markets. ❚ Competition among Countries – defines what the international competitiveness of a country is and how to measure it. Moreover, it defines the key drivers that can contribute to the improvement of a country’s competitiveness.
❚ Inside Cultural Heritage: A Driver for Economic and Social Growth - examines cultural heritage and how cultural heritage can positively impact the economic and social growth as well as certain industries. ❚ Italy inside the European Community – is dedicated to the discussion of the key features of the Italian economy, its strengths and weaknesses, the introduction to the business ethic issues and the key issues related to the EU current and future. Lectures are supplemented with case studies and company visits. Companies visited in the past have included Inter Milan and a visit to a cheese producing farm in the Parma region.
Dragoslav Ruzic Development Engineer, Bauknecht Hausgeräte GmbH MBS ‘07 Singapore Management University: “Our week at Singapore Management University was a great opportunity to experience Asia ‘for beginners’. Moreover, to get a view of Europe from an Asian perspective broadens ones global picture.” SDA Bocconi: ”During our week at SDA Bocconi, the education was a good combination of highquality lectures and understanding of the philosophy behind small enterprises in Italy.”
12 Projects, Teamwork and Personality
Projects, Teamwork and Personality The requirements that company leaders have to live up to are becoming more and more complex. Successfully managing future challenges therefore not only requires a high level of theoretical competence but also specific qualities of ones personality.
Personality Enhancing Projects Outdoor Activity Day in Munich-Aschheim
The project-orientated programs at MBS have significant influence on the development of the personality traits that future leaders require. Every student works on several assignments in various project groups. Each team is an individual combination differing in both quantity and experiences of the members. The overall success of these projects depends on the effort and commitment of each team member. Therefore not only time- and self-management are trained, but also team- and conflict-management, independence, discipline and cooperativeness.
Training Soft Skills
Hiking Days in Kรถssen
Courses which support students in their personal development, such as presentation techniques, rhetoric, time- and self-management or negotiation skills, are integrated in all programs of Munich Business School. Special seminars identify and enhance the personal potential of each student. In addition to these seminars, students get to know to typical structures, processes and identities of groups using methods like group seminars or role plays.
Tour and Get-Together at a Brewery in Munich
Participant Profile 13
Participant Profile Part-time students are willing to give everything. Working in challenging jobs, taking on responsibility, thinking ahead.
Facts & Figures
They are well prepared for the intensive two years during their MBA at MBS because they know that leadership demands time as well as self management.
Average Amount of Work Experience 6.7 Years (at the start of the program)
Qualifying yourself for an MBA is not a question of age or specialization. The diversity of backgrounds, industries and company sizes is one of the distinguishing characteristics of Munich Business School’s program.
Average Age 34 Years (at the start of the program)
First Academic Degree Engineering | IT 54% Business 13% Other 33% Gender Female 40% Male 60% International Students 54%
Professional Background Our MBA students are employed in international, globally operating corporate groups as well as in small and medium-size influenced companies.
This versatile input of experiences makes the subsequent output even greater. MBA students as well as MBA alumni can also be found at the following organizations:
Clarisse Bellod Strategic Planning for International Production, BMW AG MBS ‘08 “My MBA provided me with the opportunity to meet a number of exceptional people – and I soon realized the value of the network that I can establish during my studies at MBS. Especially the internationality and diversity of our group enriched discussions and made working together a lot more valuable. The classes were very interactive and our lecturers brought many case studies which allowed us to directly apply what we learned.”
14 Munich
"Munich ... it is a kind of German heaven“ (Thomas Wolfe)
Munich, which is world-famous for its one-of-a-kind combination of economic power and quality of life, is an absolutely perfect choice for students of International Business. The metropolis is one of Europe’s leading business regions. World-class German companies, including BMW, Allianz and Siemens, have their headquarters in Munich. Global players, such as Microsoft, Intel and General Electric, as well as numerous startups, have long come to appreciate the benefits of Munich as an economic region. More than 8,000 new technology corporations are settled in Munich. Almost a third of Germany’s 25 largest software companies can be found in Greater Munich. Other growth-driving engines are the media industry as well as the life sciences industry. The numerous successful and interesting companies, who are located in the immediate neighborhood, provide Munich Business School with an excellent foundation for its study concept of consistent practice orientation. To sustain and further expand this ideal teaching environment, MBS has been maintaining close, continuous and committed working partnerships with regional companies for many years. However, the economic landscape is not the only attribute that makes Munich such an attractive place to study. As a “global city with a big heart”, Munich has made a name for itself as a place that melds Bavarian tradition and global culture. It is the one and only place where you can join the celebrations of the world’s largest folk festival, the Oktoberfest, right after paying a visit to one of the world-famous museums of the Pinakothek. The Frauenkirche, the Englischer Garten, the Olympic Stadium and other sights have become landmarks of a city that likes to be called ”a village of millions at the foot of the Alps” or “Italy’s northernmost city”. Thanks to the fact that its premises are located in the charming Bavarian metropolis, Munich Business School offers an ideal study environment that extends far beyond the class room.
MBS Alumni Network 15
MBS Alumni
MBS Alumni Network The Alumni network of MBS is made up of a total of more than 500 alumni from throughout the world. This community of alumni forms a private and professional network reaching beyond the study program, which supports the college and its students. The former students are active in their contact with the companies, the advancement of the curriculum and with special career-related questions.
Our alumni are employed in international, global operating corporate groups as well as in small or medium-sized companies. Some of them are self-employed, have started their own companies or taken companies over. This versatility exemplifies that the study program at the MBS facilitates any path for taking on responsibility in business.
Corporate Connections Munich plays an important role as an economic power in Germany and Europe. Leading international companies have their headquarters here an global players as well as many start-up companies appreciate the economic environment and the quality of life. At MBS we have strong corporate connections and we regularly welcome leaders in the business community as guest lecturers.
Former guest lecturers include: ❚ Prof. Dr. h.c. Roland Berger, Founder and Chairman of the Supervisory Board of Roland Berger Strategy Consultants ❚ Prof. Dr. Claus Hipp, Managing Partner of Hipp GmbH & Co. Vertrieb KG ❚ Prof. Dr. Péter Horváth, Founder and Chairman of the Supervisory Board of Horváth & Partners Management Consultants ❚ Dr. Klaus-Peter Gushurst, Vice President Booz Allen Hamilton
16 History
Our Success Story 1991
2006
Munich Business School was founded in 1991 (at that time named Europäische Betriebswirtschaftsakademie) by the European Business Schools International (ebsi) London, Paris, Madrid and Milan. The initiators pursued above all one purpose with this formation: to establish new benchmarks concerning practical orientation and internationality for business education in the South German economic center.
Asian-Pacific Business Studies and Middle Eastern Business Studies options were introduced in the Bachelor program to compete with the growing needs for experts in these two regions.
2007 MBS extends its offering: Within the Executive Education on academic level, Munich Business School develops seminars and courses for managers and tailor-made programs for companies.
1999 The success of the conception and realization of the international business curriculum convinced corporate partners as well as state authorities: The school became the first state accredited private university in Bavaria.
2008 To further expand the international profile of MBS, we offer the option of complementing the Master program with an additional degree from partner colleges in France and the USA in addition to the Master of Arts in International Business.
2003 Four years after becoming the first private university in Bavaria, the school was renamed Munich Business School. MBS became one of the first to adopt the new Bachelor and Master system. A 3year Bachelor program was introduced this year.
2004 The 20-month full-time Master’s program debuted to keep in line with the changing European academic regulations.
2005 The 24-month Executive MBA program was introduced to fulfill the need for a high quality, internationally oriented business education for experienced professionals.
Further, all bachelor programs are offered in German and English. To complement the MBA program in General Management well established for several years now, the MBA study program is also offered in Health Care Management – a field specific MBA program for the health field which is constantly gaining importance. Currently MBS has a matriculation of more than 300 students. Additionally, international students are enrolled in one of our international programs. Since its founding MBS has had over 500 graduates.
Admission Requirements | Financing 17
Admission Requirements Munich Business School requires all potential candidates to meet the following criteria to ensure quality and maintain standards: ❚ An above-average first academic degree (Bachelor Degree or equivalent) ❚ A minimum of 2 years professional experience after your first degree ❚ Because the MBA program is conducted in English, all candidates must have good command of English; those who are not native English speakers are required to submit TOEFL scores. A minimum TOEFL of 88 points (internet-based) is necessary for enrolment. In case your first degree was completed in English, TOEFL scores will be waived. ❚ Candidates must be able to cope with a heavy workload during their studies and therefore we ask each candidate to write a Letter of Motivation describing his or her motivation to study at MBS. ❚ Your CV, certificates and references should give us a good impression of your training and professional experience. Qualifying candidates will be selected for a personal interview to help us determine if your profile fits the class. We have several application rounds but urge students to apply as early as possible, as applications are processed in the order in which they are received. Current application deadlines as well as the complete application form can be downloaded from http://mba.munich-business-school.de. We will also be pleased to send you a copy of the application form on request.
Financing Opportinities Education Funds
Sponsorship
The market leader is the service provider Career Concept. The financing is based on three pillars: Up to 100 percent of tuition fees are paid. The loan is paid back as soon as the MBA alumnus has found employment.
Financing the MBA degree is common practice for employers in globally operating companies, but also in banking. The return of the subsequent MBA is to return to the funding company and to continue employment there for a minimum term; the funds sponsored must otherwise be refunded.
The percentage rate is typically at three to eight percent of the gross income with a term of three to eight years. With this the participants can decide themselves if they would prefer a higher percentage rate and a shorter term or pay longer with lower payments. The big advantage over standard loans: those who become unemployed or earn less than anticipated also pay less. And the payment is always limited: In no event will the amount to be repaid exceed an actual yield of 7.8 percent of the credit. You will find all information at http://www.career-concept.de/
PLEA SE NOTE MBA students Tuition for x y may be ta from German at th provided deductible st si as will this degree ncing the ca va ad in them d ve entere reer they ha dergraduate un with their degree.
18 Test Us
Put Us to the Test ❚ You have a first college degree and at least two years of work experience and would like to advance yourself? ❚ Or since obtaining your first college degree you have been working in your field for several years but are lacking the necessary business management skills to advance? Regardless what your current situation is – a personal "test run" will only help you find the right solution for you. If in addition to the information you have already received about Munich Business School you would like to form your own personal opinion, we can only encourage you. After all it will provide you with the best opportunity to be certain in your decision. We can offer you the following opportunities:
NSULTA TION PERSONA L CO portunity to Take the op ur decision solidify yo onal visit. with a pers
us and make Simply call t: en an appointm 7678-11 +49 (0)89 54
MBA Warm-Up Outside the semester specifically there is the sample study program with lectures from the areas business studies and soft skill development. Free with a group lunch with students already enrolled and completely without obligation. The program starts with a brief presentation which will provide you with all the information about the MBS and the MBA study program. Followed by the mentioned lectures including lunch break. The sample study program closes with a Q&A session which will give you the opportunity to have your individual questions answered as well as making appointments for individual consultations.
Sample Day We offer you the opportunity to sample study at our school one or multiple days during the semester. You will participate in the lesson and meet dons and students. An appointment can be made nearly anytime. Simply call us. Student Advisor Prospective Master / MBA Students Elvira Stephenson-Soetewey Phone +49 (0)89 547678-11 Elvira.Stephenson@munich-business-school.de
Contact 19
Contact or Visit Us Headline oben Always there for you Studienberatung MBA Elvira Stephenson-Soetewey Tel.: +49 (0)89 547678-11 Elvira.Stephenson@munich-business-school.de
Corporate Relations Waldemar Stotz Tel.: +49 (0)89 547678-26 Waldemar.Stotz@munich-business-school.de
Services & Administration Nicole Otto Tel.: +49 (0)89 547678-0 info@munich-business-school.de
Dean Prof. Dr. Stefan Baldi Tel.: +49 (0)89 547678-0 Stefan.Baldi@munich-business-school.de
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Imprint Name Vorname
Blindtext, Blindtext Text: Munich Business School | Design: Stephanie Raiser | Photography: Munich Business School |
Easy Directions From Munich Airport ❚ S1 or S8 express tram to Munich Main Station (“Hauptbahnhof”) (takes about 40 minutes) ❚ Taxi (takes about 35 minutes)
From Munich Main Station (Hauptbahnhof) ❚ U4 or U5 subway, stop Westendstraße (about 5 minutes on the subway plus 2 minutes on foot) ❚ S7 or S27 tram, stop Heimeranplatz (about 5 minutes on the tram plus 8 minutes on foot or change trams to lines U4 or U5)
Disclaimer Information contained in the brochure is correct as of August 2008. Please note details are subject to change at the discretion of Munich Business School
ElsenheimerstraĂ&#x;e 61 D-80687 MĂźnchen Telefon +49 (0)89 547678-0 Telefax +49 (0)89 547678-29 mba@munich-business-school.de
www.munich-business-school.de