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TopMBA Career Guide Editor in Chief . . . . . . . . Nunzio Quacquarelli Managing Editor. . . . . . . . . . . . . Ross Geraghty editorial@qs.com Features writers Ross Geraghty. . . . . . . . . . Nunzio Quacquarelli Caroline Parry . . . . . . . . . . . . . . David Williams Morgan Witkin Magazine Manager Kamran Ahmed . . . . . . . kam@qs.com Senior Corporate Manager Dan Beaudry . . . . . . . . . dan.beaudry@qs.com General Production Manager Ed Winder . . . . . . . . . . . ed@qs.com Proofreaders Ann Graham, Janine Geraghty Editor (Executive MBA Supplement) Hina Wadhwa-Gonfreville Production Manager (EMBA) Katy Webster UK Sales Office Paris Sales Office 1 Tranley Mews, 73 boulevard de Sébastopol Fleet Road 75002, Paris London NW3 2DG France Tel. +44 20 7284 7200 Tel. +33 145 66 59 21 Fax +44 20 7284 7201 Fax +33 145 66 99 80

Advertisers IFC . . 5.... 10 . . . 11 . . . 16 . . . 17 . . . 20 . . . 21 . . . 34 . . . 35 . . . 42 . . .

Euronews ESSEC Career Builder QS Scholarships Wall Street Journal Asia Agefi Zaman Bayt.com 20 Minutes Arabian Business Pericles

43 . . . 44 . . . 45 . . . 48 . . . 49 . . . 58 . . . 60 . . . 61 . . . 64 . . . 65 . . . 72 . . . 73 . . . 80 . . . 81 . . .

Journal des Grandes Ecoles QS Showcase Kelformation China Economic Review CNN Turk QS World MBA Tour Staufenbiel Junge Karriere The Princeton Review Times of India Keljob QS Worldclass Business Today timesjobs.com

Editors’ Desk Recession. Downturn. Hiring freezes. Nunzio Quacquarelli These are the buzzwords that have littered MA Cambridge virtually all newspapers worldwide for over MBA Wharton a year. But now, the first shoots of recovery Editor in Chief appear to be bearing fruit. Though this is only cautious optimism at this point, business loans are becoming more readily available – though the cost of money remains high – and competition between banks seems to be increasing. For top MBA programs, this is a time both of excitement and of reflection. Many business school students and Ross Geraghty candidates say that this is the perfect Managing Editor time to be doing an MBA; the new generation of leaders will emerge into a world where the rules are changing, and it will need strong and educated managers to help rewrite those rules. At the same time, the recession is making business schools reflect on their future roles. Deans are unequivocal: you cannot blame MBA programs or candidates for the recession. Yet deans and academics are united that business schools need to learn a lot from the recession. Increasing corporate governance and infusing courses with a stronger sense of ethical awareness seems to be the new path that the top schools are taking. Candidates, meanwhile, are showing that entrepreneurship and selfemployed careers are of strong interest to them, according to more than one in three respondents to our TopMBA.com Applicant Survey 2009. Corporate Social Responsibility and Governance have also seen a rise, synchronous with the thoughts of deans and academics. It looks as though the near future will see a bright new generation of MBA-trained entrepreneurs, both starting their own businesses and working withing the corporate world. We thank leading MBA recruiters, the American computer and retail giants Dell and Staples, for whom the future is still looking bright, while deans of some of the world’s top programmes share their optimism on the future of the world’s business schools. Judging by the numbers of people through the door at the QS World MBA Tour, there is no reason for the serious and talented business managers of the future to feel downhearted either. 86 . . . 87 . . . 88 . . . 89 . . . 92 . . . 93 . . . 100 . . 101 . . 114 . . 117 . . 125 . . 126 . . 136 . . 150 . .

Education Testing Service Stepstone The Japan Times Hurriyet Top Universities Guide VDI Nachrichten MBA Consult Khaleej Times Carnegie Mellon University QS Apple The Sports Club / LA Jobstreet.com Suny at Buffalo Tulane University

151 . . QS World Arts Tour 161 . . Mortar Board National College Honor Society 166 . . Handelblatt GmbH 167 . . QS World ExecEd Tour 186 . . OU Business School 197 . . IE Business School 225 . . QS Connect 1-2-1 236 . . The Inquirer.net 238 . . eFinancialCareers.hk 253 . . University of Surrey 270 . . Le Moci

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Contents

28

EMPLOYMENT OUTLOOK IMPROVES The global financial crisis has hit the international managerial job market hard, yet MBAs seem to be faring better than unqualified managers

30

INDUSTRY FOCUS: IT IT as a career

32

ISLAMIC BANKING Learning about banking the Islamic way, with its roots in Shariah law, may benefit the western banking world, writes David Williams

36

INDUSTRY FOCUS: CONSULTING Consulting as a career

38

THE BUSINESS SCHOOL CHALLENGE Schools need to learn to repair the damage done by the financial crisis and to teach better corporate governance, says Prof. Ismail Erturk of MBS

CAREER SECTION: 6

8

APPLICATION TRENDS North American business schools have seen an upward trend in applications despite some of the most turbulent years in recent economic history

12

MBA SALARIES: EXPECTATION AND REALITY Though MBA salaries remain high, there needs to be a reality check among some MBA candidates says Nunzio Quacquarelli

14

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THE ENTREPRENEURIAL SPIRIT Latest research suggests that the recession is inspiring the next generation of MBAs to start that business they’d always dreamed of

INTERNATIONAL RECRUITMENT Four headhunters, from London, New York, Shanghai and Singapore tell the Guide that things are not as bad as they seem

18

SOCIAL ENTREPRENEURSHIP MBA graduates using their business skills to raise money for NGOs and charities has led to the term ‘social entrepreneurship’

22

WOMEN MBAS With a record 41% of the world’s MBA candidates now women, the Guide asks four women how the MBA has benefitted them

24

STRATEGIC THINKING Being flexible and understanding the strategic challenges can be used to dig your company out of recession

26

GETTING THE CV RIGHT An MBA no longer washes away your past as recruiters are looking even more closely at graduates pre-MBA experience

EXECUTIVE INTERVIEWS: 40

DELL Elise J. Meadows, Talent Acquisition Senior Manager

46

STAPLES Gillian Taitz, Senior Recruiter, College Relations

MBA SECTION: 50

ACCREDITATION What is business school accreditation and how important is it when considering your MBA program, asks Ross Geraghty

52

FIRST STEPS Choosing the right business school for you is one of the most important decisions you can make. The Guide explains the first steps to take

54

AMERICANS HEAD OVERSEAS More and more Americans are looking overseas to MBA programs in Europe and Asia and the Guide attempts to find out why

56

FREQUENTLY ASKED QUESTIONS Ross Geraghty answers some of the questions most frequently asked during early 2009

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62 Germany Despite being Europe’s largest economy, Germany has lagged behind in business school terms, but all of that could be about to change

Regional Focus: 102 North America Regional Focus Dean Paul Danos of Tuck on the future of the North American MBA program

66 No place for racism down under Recent attacks on Indian students in Australia has led to a furious backlash and could see Indians taking their education elsewhere

168 Europe Regional Focus The Bologna Process and what this means for business schools in the region

68 exciting times MBA candidates believe that now is the perfect time to learn to lead the business world

226 Asia Regional Focus MBA recruiters pass a positive verdict on Asia’s business schools

70 Rankings Are rankings necessary? Are they a force for benefitting the MBA world or a necessary evil? Ross Geraghty finds out

242 Australia / NZ Regional Focus Australian business schools provide a strong alternative, and are challenging Canada and France for third and fourth place

74 Sports MBAs What do an Indian national league cricketer, an American NFL footballer and a Hungarian Olympic swimmer have in common? An MBA

256 Stats and rankings Are rankings still important or are they becoming a thing of the past? The Guide looks at an alternative, the personalized ranking tool

76 Gmat Over 90% of schools demand a GMAT score so how best to pass the test?

Deans’ Diaries:

78 The long and winding road MBA programs seem like a daunting prospect at the start, writes Morgan Witkin, but it is worth it when you reach the journey’s end 82 the asian tiger The current downturn may be a key moment in the ongoing rise of Asian business schools 84 Train in Spain With some of the world’s leading business schools there, Spain offers a great alternative as an MBA study destination

90 CLU Graduate Program in Business (California Lutheran University), Dean Charles T. Maxey 91 Dartmouth College, Tuck School of Business, Dean Paul Danos 94 GSBA Graduate School of Business Administration Zurich 95 IESE Business School Professor Luis Palencia 96 Moscow School of Management SKOLKOVO Wilfried R. Vanhonacker 97 University of St. Thomas Dean Christopher P. Puto 98 Wharton School, University of Pennsylvania Professor Mauro Guillen

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Contents

Business school profiles 104 A  merican University, Kogod School of Business Administration

153 University of Ottawa

206 MIP – Politecnico di Milano 207 Moscow School of Management SKOLKOVO

105 Arizona State University

154 University of Pittsburgh Joseph M. Katz Graduate School of Business

106 Babson College, Olin

155 University of Rochester Simon School

209 Oxford Brookes University

107 Boston College - Carroll School of Management

156 University of San Diego

210 Reims Management School

157 University of San Francisco, Masagung Graduate School of Managemnt

211 RSM Erasmus, Rotterdam School Of Management

158 U  niversity of Southern California, Marshall School of Business

212 Sabanci University

108 Boston University School of Management 110 Brandeis International Business School 111 B  rock University, Graduate Programs, Faculty of Business

213 SDA Bocconi 214 St John’s University Rome Campus

112 Claremont Graduate University, The Peter F. Drucker Graduate School of Management

160 University of Tampa - John H. Sykes College of Business

113 CLU Graduate Program in Business (California Lutheran University)

162 University of Wisconsin - Madison School of Business

216 Robert Gordon University, Aberdeen Business School Faculty of Mgmt

115 Drexel University - LeBow College of Business

163 Vanderbilt University - Owen Graduate School of Management

217 University of Edinburgh Business School 218 University of Bath, School of Management

118 Edwards School of Business, University of Saskatchewan

164 Washington University, Olin School of Business

219 University of Deusto - “La Comercial” Business School

119 Fordham University Graduate School of Business

170 Aarhus School of Business

120 Georgetown University, McDonough School of Business

172 AUDENCIA Nantes School of Management

221 University of Strathclyde Graduate School of Business

173 Bradford University

222 Vlerick Leuven Gent Management School

174 Business School Lausanne

223 Warwick Business School

175 Cass Business School, City of London

224 WHU – Otto Beisheim School of Management

124 Hult International Business School

176 CEU Business School Charitable Non-Profit LLC

228 Aventis School of Management

125 Lundquist College of Business, University of Oregon

177 Cranfield School of Management

128 McCombs School of Business University of Texas at Austin

179 EADA

230 Cornell-Nanyang Institute of Hospitality Management

180 EMLYON Business School

232 Doshisha University (Business School)

181 ENPC School of International Management, Paris

233 HKUST - The Hong Kong University of Science & Technology

182 ESADE Business School

234 Indian School of Business

183 ESC Rouen

235 N  ational University of Singapore - Business School

116 Duke University, Fuqua School of Business

121 Goizueta Business School, Emory University 122 Hawaii Pacific University - Business School 123 HEC Montréal

129 McGill University-Desautels Faculty of Management 130 Monterey Institute of International Studies 131 NYU, Stern School of Business 132 Ohio State University - Fisher Business School 133 Pepperdine University’s Graziadio School 134 Rice University - Jones Graduate School of Management 135 Robert H. Lee Graduate School, Sauder School of Business, Sauder School of Business 137 Saint Mary’s University MBA Sobey School of Business 138 Southern Methodist University, Cox School of Business 139 Temple University, Fox School of Business 140 Thunderbird School of Global Management 141 Tufts University, Fletcher School 142 UCLA, Anderson Graduate School of Management 143 University of Alberta MBA Program 144 University of California, San Diego - Rady School of Management 145 University of California, Irvine-Merage School 146 University of Iowa,Tippie School of Management

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159 University of St Thomas

208 Nottingham University Business School

165 York University, Schulich School of Business 171 Ashridge Business School

178 Durham Business School

184 ESMT European School of Management and Technology GMBH

215 TASMAC London - School of Business

220 University of Glasgow School of Business & Management

229 China Europe International Business School (CEIBS)

185 ESSEC Business School Paris-Singapore

237 NUCB Graduate School - Nagoya University of Business and Commerce

187 Euromed Marseille - Ecole de Management

239 S P Jain Center of Management

188 European Business School Schloss Reichartshausen

240 Singapore Management University

189 European Business School, London - Regents College

244 AGSM MBA Programs, Australian School of Business, University of New South Wales

190 European University

245 Bond University School of Business

191 GISMA Business School German International Graduate School of Management and Administration

246 B  risbane Graduate School of Business, Queensland University of Technology

192 Goethe University Frankfurt – Goethe Business School

248 Macquarie Graduate School of Management

193 HEC Paris 194 Henley Business School 195 IAE de Paris -Université Paris 1 Panthéon Sorbonne 196 IE Business School 198 IESE Business School

147 University of Maryland, Robert H Smith School of Business

199 Imperial College Business School

148 University of Miami - MBA Programs

201 Kuehne School of Logistics and Management

149 University of Michigan, Ross School of Business

202 Lancaster University Management School

152 University of Missouri - Columbia, Gordon E. Crosby, Jr., MBA Program

204 Manchester Business School

241 The Chinese University of Hong Kong

247 La Trobe University, Melbourne 249 Melbourne Business School, The University of Melbourne 250 Monash University, Faculty of Business and Economics 251 University of Technology, Sydney Graduate School of Business 252 University of Wollongong, Graduate School of Business

200 INSEAD Full Time (Fontainebleau)

203 LUISS Guido Carli 205 Mannheim Business School

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13/07/09

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Page 1

Dialogues - Photo Arnaud Meyer

ESSEC_MBA_internat_297x200:Mise en page 1

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Editorial Entrepreneurship

Recession brings out the entrepreneurial spirit in MBAs By Ross Geraghty

Like the Pacific Ocean trenches, the true depth of the global recession remains to be seen. International business experts, like oceanographers, are unsure as to exactly how long and how deep either will run. Both are extremely complex issues based on conflicting opinions as well as scientific principles and both, for entirely different reasons, are fascinating, need-toknow sets of calculations

I

Careers in finance and consulting still in 2008. Considering the number n the UK for example, in July 2009, dominate and probably always will in the MBA contemplating an MBA degree is in the financial figures for the first quarter of the space. However the most recent research hundreds of thousands globally, that 5% shift is year showed a worse-than-expected set of suggests that MBA candidates are using the extremely significant and will have deans and results, though predictions for the latter half are recession to acquire the learning to start their MBA program creators thinking hard. more buoyant. In the US there are tones of own businesses, to be self-employed or to move The Survey also shows that associated quiet caution in some quarters, but few into less traditional areas of MBA employment, entrepreneurial skills are of increasing commentators want to say for certain when the such as non-profit organizations. importance to the would-be classes of 2010upswing will occur. Nobody, in short, wants to The QS topmba.com Applicant Survey, 2012. ‘Building a professional network’, which predict inaccurately for fear of being criticized released in July 2009, is the most exhaustive is associated with many facets of MBA as they were when they failed to predict the research ever done on MBA candidates across recruitment, but especially entrepreneurship, crisis in the first place. the globe. With almost 4,000 respondents, all is a key reason for taking an MBA, according to The inevitable results of a shrinking 53% of the survey, again economy are job losses a major increase from at worst and, at best, 45% in 2008. hiring freezes. The “The statistics show that the desire to start one’s own business is greater Interestingly, MBA sector is no now among MBA candidates than ever before, and being a successful taking an MBA to ‘boost exception. Some of salary’ or ‘primarily for the biggest recruiters business man or woman is by far the most popular situation in which education’ come in the finance and candidates see themselves in ten years time” relatively low down on consultancy sectors the respondents’ priority have gone to the wall lists. Discussing MBA – Lehmann Brothers specializations, a massive jump from 34% to most famously – leaving qualified, experienced MBA candidates who attended QS World MBA 42% of respondents indicated they want to and talented MBA graduates and candidates Tours in fall 2008 and spring 2009, the survey take courses in entrepreneurship. Leadership searching for their next step. aggregates opinions and attitudes annually. is up to 42%, from 36% last year. From this, experts unearth interesting Table 1 shows that, although the more differences and comparisons year on year and Upturn general management skills and strategy region to region among MBA candidates. For some of those talented young people, remain the most popular, the biggest business school is the ideal next step as they increases have been in entrepreneurship and weigh up their career opportunities. Looking at Program creators leadership. It’s interesting that Corporate the big picture, now could well be the best time In 2009, almost 29% of international Social Responsibility (CSR) is up 4% in to spend a year or two in business school, get respondents say they want to take an MBA in popularity on 2008 and that marketing is that MBA and hit the ground running when the order to improve their chances of starting their down year on year to an all time low of 29%. upturn happens. own business, a significant increase on the 24% 6

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Editorial Entrepreneurship

Table 1 – Preferred MBA specializations 2007 - 2009 2009 2008 2007 General Mgt.

49%

44%

42%

Strategy

47%

46%

43%

International Mgt.

45%

43%

46%

Finance

42%

44%

41%

Leadership

42%

36%

37%

Entrepreneurship

42%

34%

32%

Marketing

29%

31%

32%

Operations Mgt.

21%

19%

22%

Technology Mgt

21%

20%

22%

CSR

18%

14%

15%

E-commerce

9%

10%

12%

Source: QS TopMBA.com Applicant Survey 2009. But why is this happening? Nunzio Quacquarelli, editor of the TopMBA Career Guide and topmba. com, believes that the growing number of MBA applicants interested in the entrepreneurial field can be seen as a need for a safety net for some, and a rejection of traditional MBA careers by others. “With the credit crunch and subsequent global recession, more and more young professionals are rejecting big corporations which they feel have acted irresponsibly. They see an entrepreneurial career as a way to make a difference and to be part of a business which is socially responsible for sure, because they are running it.” Of course an entrepreneurial spirit does not only mean the desire to start a business but it

involves skills useful in almost all business environments. Michael Aldous of IE Business School in Spain points out that it is important to think of entrepreneurship as more than just a process of new venture creation. “We look to equip our participants with an entrepreneurial vision that encourages them to identify opportunities, pull together the resources needed to achieve them and implement the plans. This way of thinking is equally valuable whether you are looking to set up a venture, work within a multinational corporation or wish to develop a social enterprise.” Schools such as IE in Madrid are seeing increasing interest from recruiters, for MBAs with attributes associated with an entrepreneurial spirit. Yet these are valuable skills within existing and established corporations too. “The ability to identify and plan business opportunities are skills which may be used well by corporate too. However we certainly expect many more MBAs to launch their own businesses in 2010 and 2011 than the recent average of 5% of graduates,”

Quacquarelli says. The statistics show that the desire to start one’s own business is greater now among MBA candidates than ever before, and being a successful business man or woman is by far the most popular situation in which candidates see themselves in 10 years time (see table 2). Aldous, of IE, agrees that in recent years there has been a strong increase in social enterprise projects. “The recent downturn in the job market has led to a number of participants pushing ahead with new ventures, which might otherwise have been mothballed,” he says. The combination of entrepreneurial spirit and social awareness leads to the new term ‘social entrepreneurship’ and it is evident that numbers interested in such courses will increase rather than decrease in the near future. It is clear that, unlike the scientists of the Pacific deep, entrepreneurial MBAs are spending most of their time looking up.

Table 2 – Where candidates see themselves in ten years time. 2009 2008 Running own business 27.4% 25.6% Director in large company 22.4% 24.4% CEO of large company 16.9% 17.4% Senior manager in large company 15.2% 16.8% Self-employed consultant 7.2% 5.3% Middle manager 2.9% 2.8% Other 3.6% 2.5% Director in small company 2.6% 2.8% Senior manager in small company 1.1% 1.4% Down-shifting for work-life balance 0.8% 1.1%

2007 22.1% 23.6% 19.3% 16.5% 6.8% 3.9% 3.3% 2.5% 1.3% 1.1%

Source: QS TopMBA.com Applicant Survey 2009.

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Editorial mba

MBA applications –

No crisis here! Nunzio Quacquarelli, Editor of QS TopMBA.com speaks to admissions officers of business schools in the US, on how the economic crisis has affected their admissions in 2009 and the outlook for the future. Interview with NYU Stern, The Wharton School, Boston University, and Fuqua School of Business We have witnessed one of the most turbulent years in recent economic history. What has been the impact on MBA applications? “At NYU Stern, our applications this past year were incredibly robust. To give you some context, the prior year we experienced a nearly 20% increase in applications to our full time MBA program, the second highest number of applications received on record. We maintained this application volume this year,” says Isser Gallogly, Executive Director, MBA Admissions, NYU Stern School of Business J.J. Cutler, Admissions Director at The Wharton School, feels “the financial crisis actually hasn’t changed the quality of our applicant pool, which is still as high as ever. We’re slightly up in terms of total applications. I think many people thought that we might be up dramatically, and that didn’t happen. So that makes us think that for people who are applying to a place like Wharton, it’s a pretty well thought through decision that has been planned for quite some time.”

Can you highlight some of the application trend differences by country? Cutler observes “in some countries, Wharton has seen a decline in applications. In the US our applications are up double digits. Again, overall, we’re up in the low single digits, so I think the financial crisis hasn’t really impacted that so much.” By contrast, NYU “did not see a dramatic shift in either the domestic 8

or international applicant pool.” Chris Storer at Boston University reports big country variations. “Overall, we experienced a small decrease in applications (6%). However this was most notable from India (down 34%) and Korea which also saw a sharp fall. As expected for US applicants, we saw a significant increase in applications (up 14%) particularly from the finance sector.”

What is causing the significant variation in application trends by country? “Last year’s worldwide financial crisis brought about severe restrictions on credit with many lenders reducing or cancelling loan programs and student loans have not been immune to the

problems of the credit crisis. Fuqua began exploring other loan options for international students after we discovered the new terms for loans offered by our previous provider were less favourable than we had hoped,” says Blair Sheppard, Dean of Fuqua School of Business at Duke. Cutler agrees, “because of the crisis, on the financial aid side everyone is evaluating the timing and the decision to get an MBA much more carefully, much more surgically and precisely, than they have in the past.”

Have you resolved the loan problem this year? Sheppard has tackled this issue head on. “At Duke, we are very pleased to announce a pending arrangement with a local lending institution to provide international student loans next year at the very competitive rate of prime plus 5% with no origination fee. With the current prime rate of 3.25%, the rate would be 8.25%. These loans will not require a US co-signer. The agreement proposes that Duke University and the Fuqua School of Business will provide guarantee against loan losses of the lender.” Wharton has also recently announced a new loan program for international students. “These are the population that are probably feeling the impacts of the global financial crisis the most. Our new loan scheme is essential to attract the best domestic and international students. Our

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Editorial mba

students also receive, on average, about $12,000 in financial aid” says Cutler.

Do you feel that young professionals in employment are worried about giving up secure jobs? What advice would you offer to people in this mindset? “So far we haven’t actually experienced this trend. In fact, our yield rate (number of admitted students who plan to enrol) is about five points above our historical norm, indicating an opposite trend” says Storer. But Cutler remains optimistic. “We think that this financial crisis is an opportunity too good to waste. There will be new industries and new sectors that emerge that will have a high need for people with MBAs—people who are analytical, people who can solve complex, unstructured problems. We think the skills we teach absolutely have been proven to set up success in new industries, in new economies. And so we think the value proposition is actually quite high. Whether starting salaries hold up or whether the job search will be easy, I don’t think we know yet. But now more than ever I think people need to differentiate themselves. They need to think about an investment in themselves.”

Are you looking to grow international application numbers in the future? “At BU, our plan for the 2010 entering class is to maintain the international percentage between 33 and 35 per cent of the incoming class, but continue to increase the diversity of nationalities represented along with depth of professional experience.” “Wharton is, and has been for some time, the most international of the top-tier US business schools: The class of 2010 had over 40% international students from 72 countries. In addition we have 84,000 alumni in 140 countries.” Ankur Kumar graduated from Wharton in 2007 and has recently joined the MBA admissions team. She feels strongly that “having an internationally diverse student body was a key differentiator and key attraction of Wharton for me and my fellow class mates. The opportunity to live and go to school with so many interesting people from all around the world is an amazing learning opportunity both professionally and personally.” Blair Sheppard at Duke says “we intend to become the world’s first truly global business school, and the presence of an effective international student loan program is essential to this strategy. It is our strong belief that the participation of students from outside the United States is essential for both their education and the education of our domestic students.” Duke will be attending

over 40 cities on the QS World MBA Tour this fall, in four continents.

What are predictions for application trends in 2010? “We don’t expect a sharp cut back in applications next year” says Cutler. “People plan to take an MBA over several years as a key step in their career and short term economic volatility will only put off the less committed candidates. But of course you never know for sure.” Chris Storer at BU feels “It’s really quite

early to predict for 2010, but our plan is to maintain, and in some areas increase, our recruitment efforts, even during this time of budget-tightening at many business schools. Setting expectations about opportunities to work in the US post-MBA and educating prospective MBA students on the latest and ever-changing visa situation will be essential. That being said, companies want excellent candidates with global experience; many are and will continue to be hired by top firms. We are travelling extensively with the QS World MBA Tour this fall.” TopMBA Career Guide www.topmba.com 9

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$1,600,000 of Exclusive Scholarships for the QS World MBA Tour visitors only

It is easy to win a QS Scholarship: Visit the QS World MBA Tour anywhere in the world to become eligible

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MBA SALARIES

MBA salaries –

expectations and reality Nunzio Quacquarelli, Editor of TopMBA.com compares the latest reported salary data with expectations of MBA applicants.

I

n an era of financial uncertainty and intense global competition, the MBA qualification is becoming a safe haven for young professionals seeking career advancement and salary progression. First degree graduates and young professionals around the world have been hard hit by the credit crunch. Unemployment rates amongst new graduates has reached 10% in the USA, and as high as 20% in some EU and Asian countries. By contrast business schools continued to report good post-MBA placement figures. Last year 279 business schools reported that over 90% of their class had job offers three months after graduation and 123 schools reported average salaries in excess of $75,000, according to the latest topmba.com/Scorecard. The 2009 edition of topmba.com/Scorecard – the personalized business school ranking tool - reveals the average salaries selfreported by 350 of the world’s leading business schools. IMD, IESE, London Business School, Stanford and INSEAD reported the highest average salaries in this latest edition based on students graduating in summer/fall of 2008. Table 1 reveals that of the 50 business schools yielding the highest salaries, 19 are in North America, 27 in Europe and four are in Australia and Asia. Employment rates are similar across all these schools with between 90-93% of students having accepted employment within three months of graduation and the profile of candidates is similar, with an average of five to seven years of work experience. In the 1990s, salaries for graduates of top US schools like Harvard, Wharton and Stanford were consistently higher than their European counterparts. In 2008/9 it is European schools which take the honours with an average reported starting salary of $105,248. It’s important to note though that the above salary figures do not include the guaranteed bonuses received by many MBAs and which are more common amongst graduates of US business schools.

Regions

Average base Range: starting salary Min. US$ Salary

Range: Max. Salary

IMD in Switzerland reports the highest average salary among European schools at $129,000 (up from $121,000 in the previous year). Janet Shaner of IMD says, “IMD looks for high-achievers and their general management MBA results in many of their graduating MBAs entering industrial and commercial management functions within Europe, a segment where demand is continuing to grow.”

“In the 1990s, salaries for graduates of top US schools like Harvard, Wharton and Stanford were consistently higher than their European counterparts. In 2009 it is European schools which take the honours”

But it’s not just the established business schools producing impressive salaries on graduation. Ashridge Business School reports an average starting salary of US$115,000 for their 50 MBA students. Amy Armstrong of Ashridge says, “our students have an average of over 10 years of work experience and they remain in strong demand with employers, even during an economic downturn.” Small class sizes, slightly more years of work experience and the strong Euro go some way to explain why European schools are outperforming their international counterparts.

Comparing MBA salaries with expectations MBA salaries have stood up well during the recession, but it is important for MBA applicants to remain realistic about what is achievable. QS TopMBA has also recently surveyed applicants to measure these expectations with some surprising results.

% Accepted Average employment 3 months years work after graduation experience

Number of schools in top 50

Table 1: Averages by region for the 50 business schools

North America

102,094

93,000 117,000

91

5

19

reporting the highest salaries

Europe Australasia

106,595 101,010

94,000 129,000 97,000 105,000

90 93

6 7

27 4

Scorecard 2009

12

Source: QS TopMBA.com/

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MBA Salaries

Table 2 shows the expected salaries amongst MBA applicants from countries around the world, the percentage uplift compared with current salary and the proportion intending to study outside their home country. Candidates from Japan, the USA, UK, Germany and Canada have high current salary levels and realistic salary expectations in the range of $90116,000, representing salary uplifts of between 58-85%. US candidates primarily are looking to stay in their own country to study and benefit from the high local salary levels. Although the 12% looking to study overseas represents an increase on previous years, as they seek to differentiate themselves form the large numbers of locally educated MBAs by gaining international experience. Table 2: Comparison of current versus expected salaries for MBA applicants Expected Current Target % Looking to % salary salary $ salary $ study overseas increase Japan 69,852 111,000 58% 80% United States 62,892 116,198 85% 12% Germany 57,053 90,384 58% 75% United 52,812 91,250 84% 18% Kingdom Canada 51,034 100,378 73% 34% Brazil 49,054 109,539 123% 96% France 48,467 93,269 92% 55% Italy 42,500 99,230 133% 65% Israel 41,851 141,500 258% 85% Singapore 40,795 86,617 112% 54% Turkey 40,416 77,065 91% 89% Russia 40,020 105,827 164% 88% Spain 39,852 81,617 105% 65% India 35,339 96,145 172% 75% Source: QS TopMBA.com Applicant Research 2009 Table 2 also reveals that applicants from some countries might have unrealistic expectations. Israeli applicants expect a salary uplift of 258%, with target salary level of $141,000 per annum. This is achievable for those who join top investment banks and consulting firms. However, in the current economic climate it is unrealistic for all Israeli candidates to receive job offers from these elite firms. For candidates from emerging markets, a high proportion intend studying overseas, in the USA, Canada, Australia or the European Union and their salary expectations are based on securing employment in the country in which they choose to study. Visa restrictions on working in the country of study vary. At present, the USA has limited the number of work visas available to graduating MBAs. By contrast the European Union, Australia and Canada have very favourable work visa environments. Despite the global recession, MBA employers have continued to recruit international MBA candidates. Lord Michael Hastings, Global Head of Diversity at KPMG International, says “KPMG is constantly working with global clients who are not just saying ‘here is a tax issue we’d like you to advise us with.’ They are asking us how shall we function to best develop our business. MBAs provide this richness of perspective that is not easy to pick up by standard study. There is huge value to MBAs.” With the prospect of economic recovery in 2010, the likelihood is that the current crop of MBA applicants will achieve their salary objectives when they graduate in 2011.

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Recruitment headhunters

The world according to

headhunters By David Williams

I

n any employment market the people who can see both sides of the situation are the intermediaries – the recruitment agencies and head-hunters. They know the quality of candidates available, the number and type of employment opportunities their clients have on offer, and can judge the market value of qualifications and experience. So for this, the world’s first truly global recession, we talked to head-hunters in four key global cities: London, New York, Shanghai and Singapore. We asked them what their prognosis is for MBAs graduating this year, which sectors were holding up and whether anything could yet be said about when things might improve again.

London The capital of the European finance market has seen turbulent times during the last year with banks nationalized and some experts estimating 50,000 jobs could be lost in financial services during the next two years. Curly Moloney is managing director of Moloney Search, a head-hunter which specializes in the UK graduate, MBA, youngexecutive and executive markets. “I think people are only just seeing the start of how difficult things will be,” she says. “MBA recruiting is one of the areas that will be really squeezed. We are seeing MBA programmes and MBA hires being the place where people are most cutting back their numbers. Clients are being very strategic about which school they go to and what previous experience they want. It is not just MBA recruiting any more; they are really looking at past work experience. “The one area that has slightly held up is supply chain management. The functions that are being squeezed are the very generic ones: marketing and commercial functions. People will still look at MBAs for sales roles, if they 14

have previous experience; good HR people are always in demand as long as they are commercial as well.”

New York The world’s financial centre, New York, is the city where the recession began. It was the collapse of Lehman Brothers in September 2008 that alerted the world to how profound the downturn could become. Adam Zoia is CEO of Glocap Search, a New York based firm which has offices in London and throughout the States. He is a former lecturer in undergraduate economics at Harvard. “What is remarkable about this current situation is that it is affecting pretty much all sectors, all industries and all types of role,” he says. “The restructuring firms are hiring pretty actively although the numbers are small; healthcare is a sector where there is comparatively good stability in hiring; some of

“MBA recruiting is one of the areas that will be really squeezed” the new energy sector is hiring out of MBA programmes in small numbers, but nevertheless there is some. “It is hard to imagine that given the advanced state of the economy of the world that MBA graduates are not going to be in high demand again fairly soon. There is still a structural shortage of that demographic, so

things will bounce back. It is just difficult to predict when the upswing will come. I think there are a couple of things that are clear. When you have massive lay-offs and dislocation as you are having now, whenever the economy turns around in six months or eighteen months, there is going to be a pretty big snap-back. People are in panic mode at the moment and as soon as a more normal level of economic activity resumes there is going to be a real shortage of people left in these companies.”

Shanghai Shanghai is China’s mainland financial centre and the city that best exemplifies the extraordinary growth of the country in the last decade. Steve Fisher is Senior Client Partner (Industrial Markets) for Korn/Ferry International in Shanghai, one of the world’s biggest executive recruiting firms. He has two decades of experience in South East Asia. “I would much rather be graduating as an MBA from a regional school looking for a position in China than I would be looking for one in the US,” he says. “The prospects might not be as robust as they were eighteen months ago, but there is still a big supply-demand imbalance here for talented people. Things may not be as good as they were, but they are by no means dismal. A person will have to be more creative and more proactive in approaching the multinationals, but a lot of the state-owned enterprises and listed Chinese enterprises are hiring and would be interested in people with an internationally accredited MBA. “China is being very proactive about alternative energy, and there is a lot of growth in wind and solar, as well as in biofuels. The industrial sector has been the most active from a hiring standpoint. There is a lot of investment in public infrastructure and both the

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Editorial Recruitment XXXXXXXXX headhunters

multinationals and the Chinese companies involved in that sector would be good prospects. The pharmaceutical industry is still growing so people with undergraduate degrees in biology or chemistry would have opportunities here. For Mandarin speakers who have an MBA and local knowledge I would be optimistic about their prospects. It will just take some perseverance.”

Singapore

“The general value of an MBA is still very high here,” she says. “The degree is still highly valued and the flood of applicants to MBA schools is highly warranted. “There are some interesting behaviours that are going on. In financial services, the

their programs alive but their numbers will be down also. I would be careful about suggesting that there will be some kind of healing process between now and 2010 because none of us know that yet. “Our general view is that people who have taken time out of their career to get an MBA are a clever and resilient lot to begin with, and that they will find paths to work experience that will be of value to them, even if it is not exactly where they thought it might be when they signed up for the degree. The best way to see it is as an opportunity to have a completely different learning experience than they had originally banked on. If they can do this, they will get something pretty wonderful out of it, because it is clear there are going to be some very interesting opportunities going forward.”

“People who have taken time out of their career to get an MBA are a clever and resilient lot to begin with and they will find paths to work experience that will be of value to them”

Tiny, but strategically vital, Singapore acts as a bridge between East and West. It was the first Asian economy to go into recession. Anne Benbow is managing director of the Spencer Stewart South East Asia office in Singapore. She has an MBA from New York University and has held senior HR positions in Lehman Brothers, Chase Manhattan and DHL.

absolute numbers of recruits are certainly going down, but what we are finding is that professional services firms have welldeveloped recruitment programs so continue to see people, although they are being much more selective. The big-name consumer products companies also continue to keep

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16/07/2009 17:37:31


Editorial MBA

MBA ambition:

More than a fat paycheck Karachi Pakistan may not be the top headquarters destination for a recent MBA. But it is the base for Joel

Montgomery, a 2008 MBA graduate of Thunderbird, and a fellow with Acumen Fund, a non-profit global venture fund that uses entrepreneurial approaches to solve the problems of global poverty. By Susan Peppercorn

“B

efore pursuing my MBA, I was the director of Latin American sales for a machinery manufacturer in charge of over 30 countries and was doing quite well for myself.” The problem for Montgomery was the disconnect between his personal and professional lives. “In my personal life, I was leading missions teams to Latin America and delivering Christmas presents to the Hurricane Katrina victims, but in my professional life, I felt the sole objective of my work was to make money,” he says. Today, Joel is working as a business development manager with Micro Drip, an Acumen-funded, drip irrigation company that serves the 86% of Pakistani farmers that have less than 12 acres of land. Montgomery explains, “I am willing to accept a lower salary so that I can pursue my passion of utilizing market-based solutions to create sustainable social impact in the developing world. A lighter wallet is worth the satisfaction of helping others.”

Street MBA signing bonuses have all but disappeared. In addition, the assertiveness with which the Obama administration is addressing the current economic crisis has made government participation popular again. In his book, “Generation We: How Millennial Youth Are Taking over America and Changing Our World Forever,” author Eric Greenberg posits that the difference between the millennial generation and the youth of the 1960s was that, in the 60s, no one wanted to be

Signing bonuses

a part of the system, while today’s young graduates, in contrast, are trying to change the system from within. Early efforts by social entrepreneurs and

Internet and media access have contributed to motivating many MBAs to follow their passion instead of just the money, especially when Wall 18

enlightened investors have given rise to Social Capital Markets that include affordable housing, clean technology, microfinance, fair trade and many other socially focused enterprises. Acumen Fund is an example of a non-profit venture capital fund whose goal is to increase the flow of capital to entrepreneurial businesses that deliver critical services – water, health, housing, energy – at affordable prices to people earning less than four dollars a day in India, Pakistan and East Africa.

“Internet and media access have contributed to motivating many MBAs to follow their passion instead of just the money, especially when Wall Street MBA signing bonuses have all but disappeared.” Blair Miller, Acumen’s Fellows Manager, looks for MBAs with operations, finance and management experience. More importantly, “I look for candidates with the moral

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Editorial MBA

Pakistani local buses imagination, passion and resilience to build enterprises that serve base-of-the-pyramid customers.” It is clear that the social sector needs the business training that MBA schools can provide. In addition, corporations are increasingly interested in individuals who have experience in emerging markets because that is where their next customer base lies and where we are seeing very innovative models develop, according to Miller.

Social entrepreneurs Another model of social entrepreneurship is Endeavor. According to Linda Rottenberg, Endeavor’s CEO and recipient of the US News and World Report 2008 America’s Best Leaders award, “Endeavor targets the high-impact entrepreneurs who slip between the cracks of micro-finance and private equity. While we don’t operate a fund, we’re the neutral Switzerland that builds bridges of trust between capital providers and the entrepreneurs. We do everything in our power to nurture, inspire and support these market innovators.” Bill Draper, the former head of the United Nations Development Program, described Endeavor as ‘venture capital without the capital.’ “The good news for social entrepreneurs is that as a result of the financial crisis, many

people are rethinking what matters and deciding to make changes in their careers,” says Rottenberg. “We’ve been inundated with requests for full time jobs as well as offers for pro bono engagements. The available pool of talent has never been better. We may not offer million dollar bonuses or stock options, but we offer priceless personal satisfaction and fulfillment. In a world where bonuses are under siege and the stock market is at its lowest point in over a decade, psychic equity is looking even better.” Harvard Business School may not be the first institution that comes to mind when thinking about a training ground for non-profit management. Yet, for Janelle Lin, Managing Director of Step Up Women’s Network, her HBS classmates are envious of her ability to ‘make a life and make a living,’ at the same time. While at HBS Janelle served as president of the HBS Social Enterprise Club, the most popular club on campus, and launched the Harvard Business School Board Fellows Program to train MBAs in nonprofit board governance.

Philanthropy Ten years ago, 100 students were registered in social enterprise core courses at HBS, in 2008,

the number was greater than 400. Lin too believes that the blurring of lines between the corporate and non-profit worlds is a trend that will continue. The partnership between the Dove Self-Esteem Fund and Step Up Women’s Network, a national non-profit dedicated to strengthening community resources for women and girls is ‘a great example of this,’ says Lin. Dove, a Unilever personal care brand, launched an effort to bring self-esteem programming to girls across the US and is providing funding to organizations like Step Up Women’s Network to deliver it. “Corporations understand that in a cause marketing relationship, doing good is the same as doing well,” says Lin. While most philanthropic ventures still operate solely as non-profits, there’s a growing niche for a new variety of for-profit ventures that focus on social problems such as Good Capital, a for-profit investment firm focusing on social venture investing. The long-term question is whether the economics of this business model will work in favor of their social mission or against it. As the lines between for-profit and non-profit converge, MBAs are responding to the need for businesses to be socially responsible. Regardless of what form an organization takes, there are plenty of young entrepreneurs looking for a way to be good stewards of the world. TopMBA Career Guide www.topmba.com 19

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MBA WOMEN

Successful

businesswomen challenge the MBA stereotype Business schools across the world have long admitted the need to attract more female candidates in a bid to shake the stereotype that MBA programs are entirely male-dominated. For women already juggling a family with a career, or those not interested in the traditional route in financial services or consultancy, there has always been a question mark over the need for an MBA qualification.

W

ith the recession continuing to bite, the growing number of female applicants to MBA programs was expected to fall back but, the latest results from the TopMBA applicant survey show that it has had the opposite effect with 41% of respondents being female – the highest figure to date. Meanwhile, motivations for embarking on an MBA also seem to shifting. While many still

Natalia Bragina

22

wish to follow the tried and test route, 29% of female respondents now say they want to use their qualification to help them set up their own business. This is up from 25% last year. The benefits that an MBA can offer candidates seeking to break into senior management or move sectors are widely documented but, unlike the cliché, not all entrepreneurs start in garages and not all MBAs are consultants, TopMBA Career

Fiona Dunster

Guide meets four women who have used their MBAs to achieve very different results.

Kate Webster – the career change “You really do get out what you put into an MBA,” says Kate Webster, a corporate finance analyst for ANZ Bank in Australia. “It’s a huge investment financially and time-wise but if you are prepared to make those investments you truly can open up a whole world of

Kate Webster

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MBA women

opportunities that may have been closed to you previously.” Webster is certainly speaking from experience after using her MBA to make a major career change from working in healthcare recruitment to corporate finance. After training as a physiotherapist in the UK and spending four years working in public hospitals, she knew that she wanted more business-focus in her career but, at the point, not which direction to take. After persuading UK recruitment consultant Reed Personnel to employ her to recruit physiotherapists, she spent nine years with the company in various roles, including opening an office in Canada and moving to Australia to assimilate a newly acquired business. While she had already been advised to back up her management experience with a formal qualification, she was not motivated to start her MBA until her work integrating two businesses gave her a better insight to how business worked and how the board of her company thought. A desire to develop her skills in corporate finance and the finer details of running a business drove her to sign up to a part-time course at Melbourne Business School in 2005, and later to take part in an exchange program which took her to Stern School of Business in New York. While Webster says she has learnt that you can achieve a career change if you are determined, it is important to be realistic when embarking on a MBA – particularly if you have a non-traditional background – as you may have to work harder than candidates with a business background. “I was starting from a baseline of zero in many subjects with respect to factual knowledge but never underestimate what you bring to the table.”

Fiona Dunster – to launch own business in heavily-male dominated sector Australian construction consultant Fiona Dunster, who launched her own business two years ago, almost left her business plan collecting dust in a drawer until a series events prompted to throw caution to the wind and take a change. She wrote her plan just after completing her MBA but, she says herself, through “lack of a ‘real’ need or impetus” she put her vision aside to continue in her role as executive manager for development at Cbus Property, a Superannuation Fund. She had joined the company during the first year of her three-part time MBA, and had found the two complimentary. In 2007, when she had been with the company for six years, her chief executive sadly passed away, which Dunster says had a profound effect on her, and, several months later, when she was awarded the State and, ultimately, the National Crystal Vision Award (as selected by the National Association of Women in Construction)

for advancing the interests of women, she found her impetus and FIDUN Pty Ltd was born. While she says many successful and lucrative businesses are launched by innovative people with no formal training, she would advise anyone considering the move to embark on an MBA. “The networking benefits alone are worth the effort. The most beneficial thing for me was the learning I gained through my interaction with my fellow MBA peers – this opened my eyes and mind to ideas and experiences I never would have been exposed to otherwise.”

Natalia Bragina – launching new businesses in developing markets With a traditional background in commercial banking, it may not surprise many that Bragina decided to embark on a MBA but, since graduating, her career - which spans private equity, fresh pasta and corporate education - has been anything but conventional. Prompted to start her MBA by the Russian economic crisis in 1998, Bragina says it made her realize she needed a “more profound and deep business education”. She studied at the University of Michigan – now Ross School of Business – and had planned to

stay on in the US, but due to a tough job market she accepted an associate role at a Russian private equity firm, which saw her deal in a variety of projects including launching a high-class Russian winery. In 2005, she moved on to launching a fresh pasta company in Russia – which she says “just felt right at the time”. Not that it was an easy sell to the local market. She explains: “The preparation stage took me longer than I expected because of the very strict regulations of the food production industry. Negotiations with the retail chains were tough because shorter shelf life meant certain risks for them.” Bragina has since sold her share in the business – she set it up with three partners – and is now business development director at a corporate education business, which both offers games-based solutions for companies and offers consultancy on training. While she says that she could have developed her business skills and experience over time, her MBA allowed to achieve more, more quickly because of new insights and the invaluable network of contacts she made. “I am totally convinced that MBA can be a great asset for any type of career,” she adds. TopMBA Career Guide www.topmba.com 23

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Management Strategy

Strategy during the downturn Strategy is the long-term direction of a business and during a recession this can be skewed by short-termism and a negative outlook. So say Professor Gerry Johnson and Professor David Pettifer from the Lancaster Centre for Strategic Management, Lancaster University Management School

T

certain business dynamics will be significantly different coming out of this recession than coming in and, as we argue later, maintaining strategic flexibility will be important. When balancing action to deal with recessionary conditions with longer term strategic needs, there are several points to consider. Cutting costs is an inevitable aspect of working through a downturn, but strategymakers need to be cautious about the basis on which they are made. The temptation is to cut the costs that are easiest. A more strategic approach, and likely a more effective one, is to identify the costs least important to delivering what customers, particularly major customers, “The indications are that the current downturn will be deeper and really value. This not longer than any we have witnessed for decades, and will be coupled only needs to be based on a deep with a significant ‘credit squeeze’. So managers need to build this into u n d e r s t a n di n g o f their long-term plans as well as short-term budgets.” customers’ needs, but also on re-evaluating

he current economic situation is not helped by the fact that so few managers have experienced a recessionary environment before, as well as the depth of uncertainty now being faced. The challenge of making strategy in such circumstances certainly involves managing for a recession, but that does not necessarily mean neglecting the longer term. The critical first step to achieve this balance is to understand the nature of the recession and its possible effects on the longer term business environment. In this respect there are two significant factors that management needs to be aware of.

Recession First, not all recessions are the same, and their impacts are not p r e di c t a b l e . T h e indications are that the current downturn will be deeper and longer 24

than any we have witnessed for decades, and will be coupled with a significant “credit squeeze”. So managers need to build this into their long-term plans as well as short-term budgets. Second, recessions can mask deeper structural changes, more fundamental than cyclical corrections. Realignments in economic power, restructuring of global financial markets, credit availability and costs have important long-term strategic implications for many businesses and whole industries. Predicting the out-turn is impossible, but we can be

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Management Strategy

what business activities actually deliver what customers value and, crucially, which don’t. This isn’t just a short-term exercise in identifying unnecessary costs. It has the longterm benefit of identifying which activities really deliver competitive advantage. It also ensures that costs cut now do not harm the future potential of the business.

Flexibility Strategy in a recession is also about building and maintaining as much flexibility as possible, both to ready the organisation for the post recession situation and to deal with unforeseen events. This is especially import ant when considering major expenditure, such as capital investment. Development should only be initiated where there is the option for extension, rather than making an immediate commitment to major and long-term spend. In the same way, strategic alliances and partnerships might be a more appropriate flexible option than merger or acquisition for example. An obvious point, but one not always systematically dealt with, is that a recession presents opportunities. Businesses become available at a lower cost, competitors pull out of markets; more firms are looking to outsource their costs, other businesses need a ‘safe haven’; a partner or parent through difficult times. All of this present opportunities, but they need to be considered in the context of longer term strategy. A further issue is people strategy and development. Again, short-term needs must

be balanced against developing long-term capability. Do you have the right expertise to deal with a recession? If not, you need to work out how to bring this into your business. Given the good times of the recent past, it is likely that some boards will not have the experience needed for the current situation. Could the addition of one or two non-executive directors with relevant experience be useful? Even during a downturn, the best managers will still be mobile. So how do you retain your best people and ensure their future development, when management development costs are likely to be under pressure?

Challenges This is a leadership challenge. Talent development has to be brought in-house. The need is to focus on selected senior managers; to develop their capabilities to coach and mentor others. So one place that HR spend cannot be reduced is in the support and development of these senior people themselves. Finally, in balancing the short-term pressures with longer term strategy, more than ever, openness is crucial. Be open and honest with key stakeholders, talk to customer groups and, of course, to the financiers. Now is not the time to be coy with banks, and the time invested in talking through the position, opportunities and strategy of a business, in creating a genuine and explicit understanding, is hugely valuable in building for the future.

The bottom line for managing strategy in a recession is not to sacrifice long-term competitive advantage in the search for shortterm cost savings.It is feasible to achieve both.

Cash crash Businesses often fail because of a lack of credit, not necessarily because they are a poor proposition or are badly run. Good finance directors will focus on cash flow, keep working capital under control and ensure all the major expenses are focused on creating value. This is the time to target strategy for getting the most from the organization’s product and customer portfolios. The standard guide is that roughly 80% of profit comes from 20% of products and customers, which means there are usually some customers and products which don’t contribute, or which even destroy profit. Now is the time to get rid of the tail. This is especially true in retail and manufacturing, where businesses can be involved in multiple versions of the same product or service, which creates complexity and cost with little return. As a result, all the businesses in the chain have excess inventories and costs. While there may have been resistance to slimming down offerings in the past, there is the chance to create new agreements with retailers, who will also be looking to cut inventories. And, looking ahead, a recession may well be the chance for greater collaboration between manufacturers and retailers to look at costs and improve long-term working relationships, and to change what can be an adversarial relationship.

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MBA careers

MBAs no longer wash away your employment background By David Williams

I

n the boom times you can bank on an MBA to propel you into a different world. If you want to change industry, country or function, the investment of time and money in an MBA is usually enough on its own to show employers you are serious about who you are and what you can become. Your past achievements, though certainly never irrelevant, serve as the background against which your MBA stands out, and, if the background isn’t perfect, the spotlight on the MBA is able to wash the problems away.

“In previous recessions, employers have consistently reverted to hiring candidates with prior relevant experience, rather than taking a risk on a bright young careerswitcher,” explains Nunzio Quacquarelli, Director of QS World MBA Tour and Editor of topmba.com. “The current recession is actually more favourable to MBA hiring than the dot-com bust of 2001-2003. At least this time the consulting sector is hiring actively and the banks are still hiring in small numbers. It is still feasible for an MBA graduate to change geography, industry or function, but significantly more difficult than in normal times.”

experience as a tool for hiring that at any other time we can remember,” he says.

Don’t panic – accept you will have to wait longer

So what strategies can you use if your aim is to use your MBA to change industry or function? All the MBA careers experts we spoke to pointed out that while it is certainly taking longer to find the employment they are looking for, almost all career changers will succeed in the end. “It is harder for people to switch careers this year and the big difference is that it is No fresh start taking longer to find jobs,” says Peter Fennah, In an employment downturn however, Career Development everything changes. “A Director at Cranfield lot of people are getting School of an MBA under the “An MBA gives your CV a different look, employers are going to Management, a illusion that it will wash general management what they have done look for evidence of achievement in previous roles but they will MBA which places two before and give them a also look at what the MBA has given the student. Companies focus thirds of MBAs into fresh start,” comments consulting, logistics Anthony Sandrik, a on soft skills and the latest business techniques plus advanced and management roles. manager at the New York leadership and team-building skills” He reports that he branch of recruitment expects 90% of his agency Michael Page MBA class to have job International. “But it Jim Clayton, Director of the W. P. Carey offers three months after graduation, compared isn’t really the case. With fewer jobs out there MBA Career Management Center at Arizona to 97% at the same point last year. and plenty of candidates, it is going to be State University, agrees. “Many of our students “What seems to be happening is that the tougher for people to differentiate themselves, are career changers and over the last year we people with prior relevant experience are the so pre-MBA experience is becoming a lot more have seen more employers relying on prior first to be hired,” explains Jim Clayton at important than it was in the past.”

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Editorial MBA XXXXXXXXX careers

Arizona State, “which leaves the career changers as the only people left on the market. The interest in them kicks in at that point and they are able to move out of their previous industry. It is just that they are being employed later than they would usually be. I have one young man whose previous occupation was teaching and who wants to go into finance. At the very beginning of the year we couldn’t create any kind of interest for him for an internship, but now the year has gone on and all the people with prior finance experience are off the market he is starting to get some action. I think that this is going to hold true even if the economy doesn’t improve. There will be opportunities for career changers eventually.”

Focus on transferable skills The second area that MBA career experts agree on is the need to focus on highlighting your transferable skills. Clare Hudson is Director of MBA Career Management Services at Manchester Business School. “Selling past experience is about looking at transferable skills,” she says. “From day one we tell students not to ignore their past experience but to look beyond the specifics to find those transferable skills that employers will want.

They can then show how their MBA has enhanced and enriched that experience both professionally and personally. It is important to remember that it is always difficult to write your own CV, as it is only when you are one step removed from it that you can really see what is there, so get help to do it for you.” “Now that talent recruitment has been put on hold, career changers need to adopt a whole new approach,” argues Katty Ooms Suter, Director, MBA Admissions and Career Services at the International Institute for Management Development, Switzerland (IMD). “’This is who I am, I’ll find the opportunities’, is not an approach that works any more. You really have to position yourself and show the skills you possess are transferable. This year we have introduced a new tool for MBAs to set their goals, to analyse their core strengths, their core skills and where their interests and passions lie. This enables them to position themselves for a specific opportunity, and not just as someone who is talented. It is a very different way of positioning. This year it is more difficult to change your career direction but it is still possible, you just have to really work at it.”

Focus on MBA skills The final suggestion careers experts make is to highlight the skills the MBA has given you. “An MBA gives your CV a different look,” says Clare Hudson at Manchester. “Employers are going to look for evidence of achievement in previous roles but they will also look at what the MBA has given the student. Companies are very much focussed on soft skills and want a blend of the latest business techniques plus advanced leadership, team-building and presentation skills. A mix of practical projects, teamworking and internship projects taken while on the MBA can be used to demonstrate the skills you have acquired.” “We include a special section on the resumé of serious career changers,” says Jim Clayton at Arizona State. “It might be called MBA Financial Projects or MBA Supply Chain Projects, depending on the career goal, and what we do is bullet point out those technical skills the MBA has given them. It helps us present our students as not simply MBAs with unrelated experience but as people who have developed useful, industry-specific skills while on the program.”

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MBA careers

MBA employment outlook:

not as bad as expected By Nunzio Quacquarelli

The global financial crisis has hit the international managerial job market hard, yet MBAs seem to be faring better than unqualified managers in general

E

uropean Union unemployment has risen by 1.2% to 7.9% in April 2009, compared to 6.7% a year ago (US unemployment has risen by 3.3% in the same period). MBAs have not been insulated from this crisis, but early career service feedback suggests the percentage finding employment within three months of graduation will not be significantly different from a year ago.

Employment The table below shows international business schools reporting the highest post-MBA employment rates three months after graduation. Only seven schools worldwide reported 100 per cent employment rates for their MBA graduates including two in India – the Indian Institute of Management in Ahmedabad and Indian School of Business. Vlerick Leuven Gent in Belgium topped the table in Europe, whilst Georgia Tech, MIT and Bentley College topped the table in the USA, alongside Calgary in Canada. Table: International business schools with highest employment rates three months after graduation – September 2008 Georgia Tech College of Management

USA

100

Indian Institute of Management Ahmedabad

Asia

100

Indian School of Business

Asia

100

McCallum Graduate School of Business Bentley University

USA

100

MIT-CTL

USA

100

University of Calgary Haskayne School of Business

Canada

100

Vlerick Leuven Gent Management School

Europe

100

IESE Business School

Europe

98

McDonough School of Business Georgetown University

USA

98

The Chinese University of Hong Kong

Asia

98

Source: TopMBA.com/Scorecard 2008

28

Nunzio Quacquarelli is Editor of TopMBA.com and Director of the QS World MBA Tour. Candidates can register now at www.topmba.com

The MBA alumni network is a vital resource in a recession, helping to keep employment rates high. Alumni in small, medium and large industrial and technology companies are coming back to MBA campuses to recruit MBA talent at a time when many multinationals and banks have hiring freezes. Peter Fennah, Career Director at Cranfield School of Management, a British general management MBA, agrees that alumni are playing a big role in MBA recruiting this year. “The big difference compared to last year, is that it is taking longer to find jobs, it is harder for people to switch careers and more of our MBAs are entering maverick roles, like the booming online gaming industry, or joining smaller companies through our alumni network.”

Visa environment An opportunity for Indian MBA graduates may be smaller companies in Europe, Asia, Australia and Canada, where the visa environment remains favourable. A benefit of the MBA qualification is that each school has a large alumni network, often working in high growth small- and mediumsized enterprises. When the job market in one sector falters, many of these alumni come back to the school seeking to hire young talent whom they otherwise might not be able to attract. The USA has reduced the availability of visas, making it difficult for Indian MBAs to remain working in the country after their graduation. By contrast, these other countries have favourable working visa environments for new Indian MBA graduates – a big benefit to smaller companies looking to hire MBAs. Another reason MBAs are faring relatively well, despite the recession, is the continued hiring into the consulting industry, which traditionally recruits about 30% of MBA graduates. Strategy firms like AT Kearney are looking for experienced MBAs to staff a growing number of assignments looking at ‘efficiency-savings’ and ‘strategic reviews’ throughout Europe. Financial services firms traditionally hire 30-35% of international MBAs. In 2009, it is expected that the proportion will be closer to 25%, which is not bad considering over 325,000 people worldwide have been laid off in this sector in the last twelve months. Stephanie Ahrens, MBA Recruiter at Morgan Stanley explains “those of us that have seen downturns in the economy in the past know that a recruitment freeze is not the answer. MBAs are much desired in our business for building a pipeline of future leaders and innovators. We are committed to hiring MBAs in 2009 and beyond, despite current challenging market conditions.”

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MBA careers

Internships

MBAs is strong at present. Michael Joseph of Olam International recruits many Indian MBAs because their “complete business Sarah Crawford, Head of European MBA Recruiting at Goldman understanding is a necessity.” Sachs confirms that “Goldman Sachs is running an active intern and Mr. Sunil Bellara, Director of Capgemini India maintains that full time MBA hiring program this year. MBAs offer a unique set of MBAs have always proved to be assets to the organization they join: general management, leadership and communication skills.” Crawford “Today it is not just the MNCs but also the Indian pure play companies adds “We have recently interviewed Russian, Turkish, Arabic, Danish, across all industries that invest in hiring MBAs. Professional Dutch, German, Portuguese and Spanish speakers for our Summer management is not just a topic of seminar and panel discussions, it MBA intern program.” has become a reality in the workplace. The current slowdown may To some extent the crisis is stimulating MBA demand in financial have impacted services. Fennah at average salaries on Cranfield points to a account of skewed big uplift in contracting “A benefit of the MBA qualification is that each school has a large offers from US being opportunities for alumni network, often working in high growth small- and mediumless, but in real terms experienced MBAs, now is the time when especially in finance sized enterprises. When the job market in one sector falters, many of industry needs these and insurance. “Many these alumni come back to the school seeking to hire young talent g r a d u a t e s companies have cut the most.” back too sharply and whom they otherwise might not be able to attract.” I n a d di t i o n , they need experienced many MBAs – contractors to typically 5-10% - also complete projects, or start their own business and a recession is often a good time to plan fill specialist roles vacated by people who have been retired early.” and initiate such a project, with the domestic Indian market an Strong domestic growth rates and renewed investor confidence attractive proposition for many budding entrepreneurs. since the victory of the Congress Party, is stimulating local employer The message from all business school career directors is that this demand for Indian MBAs. topmba.com continues to see a growing year MBAs have to be prepared for an intensive job search, number of Indian companies recruiting MBAs, especially amongst complimented by career flexibility. But as long as global trade remains multinational companies operating in India. Professor Prem Chandrani open, demand for international MBAs will remain resilient. of S.P.Jain Institute in Mumbai confirms that local demand for Indian TopMBA Career Guide www.topmba.com 29

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Careers Industry Focus

IT and the hi-tech industries poised to survive downturn T

he demand for MBA educated business leaders with a computer and information systems background continues to grow, despite the hostile face of the economic downturn, as consumers and businesses demand more and more from technology. Partly driven by the cost-effective nature of technological innovations, MBA graduates moving into telecoms and hi-tech are commanding significantly higher salaries than their counterparts in fast moving consumer goods (FMCG), manufacturing and banking. The most recent figures available, from the QS TopMBA.com Recruiter Survey 2008, show that MBA graduates in the broad telecoms and hi-tech industries average at just over US$106,000 with FMCG at US$80,000 and banking at $89,000. The US Department of Labor forecasts a 16% growth over the 2006-2016 decade, which is faster than the average for all other occupations. During that period, new

in technology will bring, and how to maximize the benefits of such innovations in the business sphere, will fuel the need for more MBA graduates in both the developed and developing worlds.

Developing Professor Ed Roberts, of the Massachusetts Institute of Technology (MIT), one of the world’s top business schools for preparing MBA graduates with a technological bent, says: “A lot of [MIT’s MBA graduates] will be ready and able to get a job in a high-tech company. Though they may be technology experts they will have skills in sales or business development that they can build on and, maybe five years from now, look to start companies on their own. It’s still a rapidly developing field.” During this economic downturn, firms will need to remain competitive by installing sophisticated computer networks and set up more complex intranets and websites. Security will continue to be an important issue for

“The US Department of Labor forecasts a 16% growth over the 20062016 decade, which is faster than the average for all other occupations. During that period, new technologies in the workplace will continue to drive demand for computer programmers, software engineers, systems and database administrators.”

technologies in the workplace will continue to drive demand for computer programmers, software engineers, systems and database administrators. The challenges this increase 30

According to the US Department of Labor, “Workers with specialized knowledge and strong communication skills will have the best prospects. People with management skills

businesses to keep the systems safe from hackers and viruses, so there will be a high demand for managers proficient in computer security issues.

and an understanding of business practices and principles will have excellent opportunities, as companies are increasingly looking to technology to drive their revenue.” Business schools are recognizing this need and are developing their courses to produce the managers of the future. The Information Systems Concentration in UCLA Anderson School of Management’s MBA program prepares students for careers in technically oriented consulting, information services and their management, and the development and marketing of new information technology (IT). One of the five courses of the concentration is Information Systems Management, which is an introduction to information systems in organizations from the perspective of the general manager.

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Careers INDUSTRY FOCUS

Employment MBA graduates are very keen on the information technology sector when it comes to looking for employment opportunities, and not just for the apparent salary benefits. Google, a famously innovative recruiter, topped the Fortune chart of the most desirable MBA employers in 2008. In 2009 Microsoft are at number two with Cisco at four and Google at seven. Mara Lucini is Hewlett-Packard’s Staffing Programme Manager for Europe, Middle East & Africa. “We normally take MBA students for all sorts of positions from working in our HP Labs facility, IT professional roles or our sales and marketing divisions. We are often interested in MBA graduates who have diverse backgrounds in marketing, finance and HR. We also take the candidate’s culture and aptitude into consideration. It is crucial that any candidate is flexible, open minded, works well in teams, likes challenges and appreciates the working environment at HP.” Lucini says that MBA graduates bring certain strengths to their role at HP including diverse backgrounds, as they attended school in different countries/environment; strong finance backgrounds, a strength for all positions; structured backgrounds on methodology and experience with business cases. “One particular area that MBA graduates can bring even more benefits to the IT industry is in emerging markets where their skills differentiate them further,” says Lucini. For recruitment Lucini says HP is not specifically targeting MBA graduates, although the skills they will have gained will obviously boost their profile: “HP does not have any specific differentiation between MBA students and others (e.g. engineers), we instead try to look at the candidate’s full profile and make the best fit. We want to continue attracting students from all disciplines.”

Head start When Ben Tamblyn was applying to Microsoft, he found that his MBA helped him get in without “having to go through the whole HR rigmarole.” Tamblyn is Global Business Development Manager for Microsoft Business Intelligence, based in Seattle. He joined Microsoft after doing his MBA at Kingston University in London. “I did a full time MBA and because I had taken such a risk and applied myself it showed that I was committed to my future. This impressed Microsoft as it showed what I was capable of.” Tamblyn’s MBA added “an extra layer of educational expertise on top of my seven years of professional experience which helped me to break through my professional glass ceiling.” One of the best pieces of advice Tamblyn

Hi-tech cupola was given when he joined Microsoft was when to pitch in with his knowledge and skills. “I was told to be smart about when to use my knowledge. You can’t arrive on the first day and start telling people how to do their own jobs – which they have obviously been doing pretty well before you arrived. You need to apply your knowledge, without ramming it down people’s throats.”

Bureau of Labor Statistics, US Department of Labor, Occupational Outlook Handbook, 2008-09 Edition, Computer and Information Systems Managers, on the Internet at www.bls.gov/oco/ocos258.htm

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MBA FINANCE

Banking the Islamic way Islamic banking is on the rise. New programs and modules

Dr Ibrahim Umar

in the subject have sprung up in Australia and the UK. As the world starts to rebuild its financial institutions, the interest-free, more consensual approach of Islamic finance is offering a challenge to established assumptions. David Williams investigates

T

he profile of Islamic finance has been growing sharply in recent years as the world’s estimated 1.2 billion Muslims have become more concerned with placing their money in institutions and accounts that comply with Shariah law. Driven by the wealth of the Gulf states and by regulatory innovation in Malaysia, new Islamic financial institutions are continually being established to serve this growing market. For the same reason, conventional western banks have also been offering Shariah-compliant accounts and products such as mortgages for several years now. Some estimates predict that the volume of the world economy managed under the Islamic financial system will shortly reach four per cent; not an insignificant proportion.

Islamic finance takes centre stage It is however the collapse of Western financial institutions and a general crisis of confidence in Western regulatory regimes that has brought Islamic finance to centre stage. Because, while many in the West have long advocated the financial sector adopting approaches such as more sust ainable practices, ethical investment and nonpredatory lending, Islamic finance is the only example of how such a system might work in practice. Hence the upsurge of interest in the area. 32

“The conventional financial system would do well to learn what it can from Islamic finance’s avoidance of exposure to the US sub-prime market and associated complex financial instruments,” says Assistant Treasure of Australia, Nick Sherry, opening a conference in July 2009 to mark the launch of a new Masters in the subject at La Trobe University, Melbourne. At the same time, half way across the world, the UK’s University of Leicester School of Management was holding a conference with the explicit aim of considering potential

lessons for the West from the Islamic banking and finance sector. “Islamic banking has a lot to offer in terms of generating ideas to overcome this current recession the world is facing,” says Dr Ibrahim Umar, the organizer of the Leicester Conference. “Perhaps the most important thing that anyone new to the topic should realize is that Islamic banking is not only for Muslims. Malaysia is now leading the world in this area, and what has been found there is that many non-Muslims have been going to Islamic banks, not for religious reasons but because they find that those banks offer products and services that they appreciate and that have commercial viability.”

Dis-interest Although Shariah-compliant banking has many different practices, it is perhaps best known for the way it prohibits the charging of interest (“riba” or usury). In order to avoid interest, what characterises Islamic banks is the way they come to an arrangement with a client in which both parties share a proportion of the risk and the profit. Known as “musharakah” (joint venturing), business loans are therefore made on the viability of the opportunity rather than being based on some more or less rigorous assessment of the credit

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MBA Finance

worthiness of the borrower. Other products such as mortgages are organized through various leasing arrangements in which the bank buys the property and sells it back to the client over the term of the mortgage. “Islamic banking offers the Western system a number of new perspectives,” continues Dr Umar. “It is very difficult for some people to imagine running a system that isn’t based on interest. So the creation of Islamic products or institutions helps conventional financial organizations with their product development. It makes them look at the world differently by showing them that it is possible to create something viable and to continue to do business through arrangements that are not based on charging interest. “Secondly, the continuing discussion about whether or not a product is legitimately Islamic can be seen as a healthy element of the system. The act of challenging a product creates transparency because it allows customers to understand the process of validation and reveals to the client the strengths and weaknesses of a product.”

viability and only examines the benefit of a transaction to a narrow segment of the stakeholders. Because the Islamic approach emphasize ethics, it looks at whether the transaction is good for the society, for the economy and for everyone involved. I am not saying the Islamic system solves everything, because it cannot be applied independently

of the moral teaching of Islam. However, MBA students who understand the Islamic approach would obviously have an advantage over their peers in areas of the world where the system is being used. On top of this they would have the intellectual benefit of being able to consider a radically different approach to finance.”

Ethical advantage However, for Dr Umar, it is the ethical principles at the heart of Islamic banking rather than the products themselves that provide the most important element for the non-Islamic financial system to reflect upon. “What fundamentally distinguishes Islamic banking and finance from conventional systems is the way the Islamic system embeds some moral judgement into its decision-making process,” he explains. “It looks not only at satisfying the profit motive but at the underling fairness of the arrangement and at how it will affect all the stakeholders. It is completely different because the bank goes into a relationship with its clients that is based on partnership. This factor is distinctive and is likely to be the one that leads Islamic banking to provide steady, sustainable levels of growth as compared to the quick growth and sudden bust we see in the West. This is hypothetical, but it may be the crisis could not have got to this level if the Islamic system had been in use.”

Intellectual advantage Abdulrazzak Al Wafi has an MBA from the UK’s Heriot-Watt University where he is continuing his doctoral studies. He also attended the Leicester conference and believes the Islamic approach has benefits for corporate governance as well. “If you look at Western corporate governance, you can see there is a fault in the system,” he explains. “It emphasizes short- rather than long-term

Petronas twin towers, Kuala Lumpur TopMBA Career Guide www.topmba.com 33

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4/8/09 11:39:29


The biggest names... THE WORLD’S 50 RICHEST ARABS 2008



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How Gulf governments are building their way out of trouble

AFRICAN AMBITION 68

  

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RIAD KAMAL, TALAL ABU-GHAZALEH, DR ABDUL BARI, WALID HAJJ, MISHAL KANOO, GHASSAN KHATIB, PAUL FINDLEY, ISMAIL PATEL, HUGO SWIRE, STEVEN JAMES



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Untitled-1 1

16/2/09 12:49:01


Editorial consultancy

Consultancy –

the perfect MBA career? High profile, huge responsibility, exposure to lots of different organizations, management teams and industries, what’s not to like about consultancy as a career? David Williams looks at how this perennial favourite has weathered the downturn and what the prospects are for the future

“Y

ou couldn’t ask for a better training course for consultancy than an MBA,” says James Platt, Partner and Managing Director with responsibility for UK recruitment at Boston Consulting Group (BCG). “If the MBA is part one – the launch pad of a career – then consulting is part two,” agrees Mark Page, Partner at A.T. Kearney’s London office. “It provides such a firm grounding in different industries and different management disciplines.” “MBAs are very well prepared for consulting because they usually offer a background in different industries and bring that experience with them,” adds Kathrin Pommer, HR Coordinator with responsibility for MBA relations at Roland Berger in Germany. “They also have the international mindset we need and the MBA has trained them in finding an analytical approach, which is why they are ideal candidates. “Consultancy is attractive to MBAs because they like the steep learning curve, while on the client side they get direct contact with divisional managers and board members. On the MBA program, they get used to being in contact with inspiring people and an international peer group; consulting is a very similar environment. It also gives them an opportunity to get to know several companies, so the work suits people who are keen on broadening their knowledge and skills.”

numbers, recruitment into consultancy has accelerated steadily. By 2006 the sector had surged back so strongly that it had easily overtaken finance as the leading source of MBA vacancies, and in the two years that followed it widened the gap even more (Source: QS Top MBA Salary and Recruitment Report 2008). This recruitment was driven by what was happening in the wider economy. As the economy expanded, companies and organizations were very willing to invest in big restructuring, IT or ERP (Enterprise Resource Planning) projects. They were happy to outsource some functions, and they needed both blue-sky growth strategies, and entry strategies for the new markets that globalization and increasing Internet usage were creating. This drove companies to buy in the best advice and specialists they could afford and, as a

consequence, many different types of consultancy prospered.

A changed landscape Inevitably, the contours of this commercial landscape have been redrawn since the start of the downturn. As companies hoarded cash in the early months of the recession, there were naturally far fewer large-scale implementation projects to be had. The creation of blue-sky growth strategies quickly became a redundant skill while there was less willingness to look at areas such as outsourcing. However, this hasn’t meant a general dot-com style crash in consultancy recruitment (although some firms that were over-exposed to vulnerable markets such as the private equity sector will have suffered). This positive situation exists partly because the current

The context Since the dot-com crash in 2002, when many consultancies found themselves massively over-staffed and were forced to reduce 36

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Editorial consultancy

downturn did not arrive without warning and partly because a recession brings its own consulting opportunities. “This is nothing like the 2001-2002 downturn when consulting companies found themselves horribly overexposed,” says Mark Page. “The warning signs about the impending credit crunch were coming long before Lehman Brothers collapsed and this enabled us simply to tweak our recruitment plans down a bit. We are still recruiting, we just ran our plan down slightly in 2009.” “As you might expect given the current environment, there has been a switch in work,” says James Platt at BCG. “Instead of growth strategies, we are involved in transformational work, turnarounds and cost-reduction projects. Clients still have to work out how to succeed in the new environment and, as most of them aren’t set up to think through the new dynamics, they continue to look outside for help. It’s true their problems are bigger than they were two years ago, but this means their need for help and support is bigger.” “Companies in this type of crisis have a high demand for consulting and still require

the services of high-potential individuals,” agrees Kathrin Pommer at Roland Berger. John Logan is Human Resources Manager at ZS Associates, a company which consults globally on sales and marketing strategy, as well as on outsourcing and implementation in the healthcare sector. “Everybody wants to grow their top line right now,” he says, “and this is where some of the competition in the industry is coming from. We are seeing consultancies who would once not have touched the kind of implementation roles we specialize in who are now prepared to take on this kind of work.”

Future prospects Consultancy in general has then weathered the recession quite well, but what about the opportunities for 2010 and beyond? The general outlook appears to be one of cautious optimism. “Hiring people out of business schools is still quite a competitive business for us,” says Page. “We are not going on a hiring spree, but even so we are still seeing the normal attrition of people leaving the office for the normal

reasons: to go to business school, into industry or to transfer abroad. So we always have hiring needs just to keep the headcount flat. There is still uncertainty in the market for consultancy services, but there is also an expectation that we are moving back towards some sort of normality. If we grew our numbers by five percent in 2010, that would be where we would feel comfortable.” “From our London office perspective, we are bringing in more people than we have ever done before,” says Platt. “We are in the mode that if we can find the right quality of candidates we will hire them. We have been sensitive in the current environment, but as long as the business is there we will bring people in.” “I expect increasing demand in 2010,” says Pommer. “It is difficult for anyone to predict what will happen in the next twelve months, but, as Roland Berger is a market leader in restructuring, I expect rising demand as M&A and cost-efficiency projects continue to dominate. The offices are still monitoring capacity closely but I am starting to detect an increase in demand right now.” TopMBA Career Guide www.topmba.com 37

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Industry focus banking

Back to the business school drawing board Business schools have to go to business school themselves, to avoid a bankruptcy of intellectual capital, says Professor Ismail Ertürk, Senior Fellow in Banking at Manchester Business School Professor Ismail Ertürk

T

he Queen of England noted in November 2008 how awful the financial crisis was becoming and then asked the economists, “If these things were so large, how come everyone missed them?” It seems clear to us now, with hindsight. However, some commentators have gone a step further than the Queen and described the current financial crisis in more florid terms as the ‘bankruptcy of the intellectual capital of Wall Street’.

Shareholder value principle

into an opportunity to re-think some of the core assumptions in MBA curricula. After the Enron and WorldCom corporate scandals, business schools responded by introducing or increasing courses on business ethics and corporate governance. This current crisis also calls for re-visiting the curriculum. Business schools have always been responsive to business trends and changes in the economy and do not wait for a crisis to happen to self-examine. Globalization, for example, has transformed both pedagogical and epistemological aspects of business education because managers have started to operate in a qualitatively different and much more uncertain business environment. This current crisis is too big and too complicated to be ignored by business school curricula. Although

each school will respond in a uniquely different way I believe there are some common lessons to be learned. Since this crisis highlighted a disconnectedness of a highly interconnected finance industry from its customers and the society at large, business schools need to introduce elements to their programs where the social value of business is as visible as shareholder value principle. This should be done in a much more intellectually robust manner than it is currently observed on various courses on business school curricula. New business school initiatives like courses on social innovation can be further developed to play such a central role in MBA teaching.

Wall Street, of course, is associated with financial innovation, financially engineered managerial incentives, assumptions regarding rationality in economic life, efficient markets, the shareholder value principle, quantitative risk management models, corporate governance metrics “Social responsibility, ecological concerns and social innovation are already and so on. These topics on many business school curricula but more investment in these areas is are very familiar to MBA students and needed. Method of thinking is equally important. Business schools should academics. Therefore, introduce critical thinking on the curriculum for students to be aware that the business school community –faculty what they learn may not be applicable to all situations at all times” and alumni togethershould turn this crisis 38

Social value I n a d di t i o n t o introducing the concept of social value into the curriculum in various innovative ways to counter-balance the shareholder value principle, business schools need to strike an academic balance between utilitarian

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Industry focus banking

objectives and critical, out-of-the-box thinking. What this crisis has shown is that MBA education as a post graduate degree has had very little, if any, self doubt in its curriculum. Of course too much self doubt leads to indecisiveness and inaction. But unchecked and self-righteous certitude can bring us down as it lacks a critical balance, which was amply in evidence during this crisis. There was almost religious belief in the market’s ability to deliver solutions to complex economic problems. Recent financial innovations such as synthetic securitization, credit default swaps and managerial remuneration packages were believed to be universally applicable scientific solutions to the problems of finance. Business school teaching needs to examine the limits of what the market economy can deliver to all stakeholders and reflect this in research and engagement with business. In the eyes of the society at large, bankers with large bonuses who brought down their banks and caused an historical economic crisis are currently being scapegoated for the world’s current financial and economic problems. Though this seems unfair, it is not, however, unfair to ask the question whether it was a lack of critiquing of the claims of modern finance and management that played a major role in the current crisis.

the so-called Faustian pact of business schools with self-interest can and should be broken by introducing to the curriculum subjects like history of science and history of business. Also, the emphasis on markets needs to be balanced with considerations about the broader social context of business. Social responsibility, ecological concerns and social innovation are already on many business school curricula but more investment in these areas is needed. Method of thinking is equally important. Business schools should introduce critical thinking on the curriculum for students to be aware that

what they learn may not be applicable to all situations at all times. Students should be encouraged to apply critical thinking on all courses and must be made aware of the normative nature of most social science based courses to which MBA courses belong. Students should be intellectually equipped to deal with complications rather than trained to simplify complex business issues. One such simplification that has dominated most MBA teaching is the assumption that shareholder value is something that is achievable and can solve the problems of economic efficiency, prosperity and growth all at once. We have seen ample examples of corporate misbehaviour and excessive remuneration in banking that encouraged risky behaviour justified by shareholder value rhetoric. Business school teaching that is based on shareholder value maximization can easily turn it into an ideology where truth becomes a victim of good intentions. This crisis has shown that the vocational and professional priorities on MBA courses that form the basis of educational objectives need to balanced with critical and reflective thinking habits.

Managerial relevance It is not incorrect to say that most business school teaching instills certitude and is prescriptive in most subjects from strategy to finance. In many ways this mode of teaching is suited to the vocational aspects of MBA education and serves the interests of all MBA constituencies well. Of course the managerial relevance of MBA teaching is important and the MBA is not a research degree that leads to an academic career. Nevertheless there is a tendency to cloud business school teaching with scientific discourse mostly borrowed from physical sciences. However, most business school subjects have affinity with humanities subjects rather than science, where knowledge is usually treated as historical and contingent. Therefore TopMBA Career Guide www.topmba.com 39

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Corporate interview dell

The Career Guide talked to

Elise J. Meadows, Talent Acquisition Senior Manager, Dell

Elise J. Meadows

Sustainability and corporate responsibility are big issues in the corporate world in 2009. What is your approach to these issues? Corporate Responsibility at Dell is about demonstrating through action our values of corporate citizenship. Through the integration of economic, social and environmental responsibility into everything we do – and by ensuring diversity remains a Dell cornerstone so we have access to the best talent and ideas to innovate for our customers – Dell can build the right relationships. These relationships can grow our business while taking responsibility for the impact of our actions customers, suppliers,

As such, Dell, along with many other of the big businesses in operation, is committed to demonstrating through action our values of corporate citizenship.

How can employees get involved in such projects? There are a number of ways for employees to go green on Dell campuses. In recent years, environmental awareness has become a priority for all members of the global community and global environmental volunteer teams at Dell — created as grassroots efforts or in partnership with the Environment, Health and Safety (EHS) Team. Dell employees across the globe participate

the industry’s most energy-efficient products, save energy and deploy green power at our own facilities, and maintain our recycling leadership. We know that people of all ages around the globe who care about protecting the Earth expect no less. Our company’s leadership is strategically implementing a governance model for our sustainability efforts to ensure executive awareness and alignment around key risk areas. Continuing the process that has evolved, the Dell Leadership Team and Board of Directors are kept apprised of the wide range of risks and opportunities. By leveraging shareholder insight and support, customer feedback, and internal policies and procedures, we continue to address the material issues across the business.

What examples can you provide of what your company is doing in these areas?

Recycled glass bottles employees, shareholders, communities and other stakeholders, as well as the environment.

Why are big businesses becoming so involved in these areas? Just as all of us strive to be good citizens in the communities in which we live, big businesses recognize their citizenship to the communities in which they operate. The effects of these decisions can be far reaching. 40

in green teams to brainstorm and work on environmentally-responsible projects in their facilities and local communities.

Would you agree that recruiters recognize the importance of the sustainability issues to their recruiting success? More than ever before, we are integrating consideration of the environment into our business processes and product design to deliver

Dell wants to prepare a generation of young people across the globe to connect by helping them learn how and when to use technology; gain access to the right technology resources; and understand how to unleash each individual’s unique potential through technology. To bring this vision to life, Dell has launched a new signature program, Dell YouthConnect, designed to provide support for the educational and digital inclusion initiatives essential to success in the Connected Era. The inaugural Dell YouthConnect grants totaling more than $2.7 million were awarded to 11 charitable organizations in India, Brazil and Mexico – key emerging countries that have a strong need for both humanitarian aid and technology access. The cash and in-kind grants support technology education for youths up to 17-years-old, and promote math, science and technology-skills development. Dell assessed technology and infrastructure needs in partnership with the recipient organizations and awarded strategic partnership,

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Corporate interview dell

Company details Dell’s global corporate headquarters are located at: Dell Inc., One Dell Way, Round Rock, Texas, USA Dell conducts operations worldwide, and manages its business in three geographic regions: the Americas; Europe, Middle East and Africa (EMEA); and Asia Pacific-Japan (APJ). The Americas region, based in Round Rock, Texas, covers the U.S., Canada, and Latin America. The EMEA region, based in Bracknell, England, covers Europe, the Middle East, and Africa. The APJ region, based in Singapore, covers the Asian countries of the Pacific Rim as well as Australia, New Zealand, and India. Every Fortune 100 company does business with Dell. Dell ranks No. 33 among the Fortune 500, has one of the world’s leading brands and has been the No. 1 PC supplier to small and medium businesses in the United States for 10 years in a row. 24 of the world’s top supercomputers run on Dell. The 10 largest U.S. companies run on Dell. The top 6 Internet service companies run on Dell. The top 5 U.S. commercial banks run on Dell. Dell’s global headquarters campus is powered by 100 percent green energy. Dell is first and only computer company offering free computer recycling to consumers worldwide. Dell’s Plant a Tree for Me and Plant a Forest for Me programs have planted more than 100,000 trees that will sequester 250 million pounds of CO2 from the atmosphere. seed funding and employee-directed giving grants to meet their specific needs. In addition to Dell YouthConnect, Dell encourages employees to Support their community through “One Dell: One Community,” Dell’s unified, global community relations activities. Dell employees can strengthen local communities through team-based and individual volunteer projects and other activities that set an example of community leadership. In the past 12 months, Dell volunteers have dedicated thousands of hours to philanthropic projects individually, as teams, and through corporate-sponsored activities. We are proud to announce that Dell matches employees Direct Giving donations year round, dollar for dollar up to $5000 per employee via Credit Card or Personal Check Dell plans to increase overall corporate giving to a level of one percent of company pre-tax profits by the beginning of the company’s fiscal year 2011, which begins in February 2010. The company’s planned efforts will include Dell corporate cash and in-kind giving and employee directed giving. As the company ramps giving to meet its new targets, new corporate giving will be focused on emerging countries around the world. In addition to these programs, Dell is committed to Green IT. Our approach is simple: Greener, Scalable, Upgradable Architecture: We

use modular design to make our products easy to upgrade and service — and, when necessary, to be safely and efficiently recycled. Efficient Configuration and Delivery: In addition to designing next-generation energyefficient technology, we’ve streamlined our transportation network to reduce transit times and minimize freight. Engagement and Empowerment: Even the most efficient technology uses electricity, so we partner with customers to help them offset the carbon impacts associated with product use. Product Recovery and Recycling: We’re

helping organizational customers responsibly and securely manage the retirement of used and unwanted IT equipment through an extensive suite of product recovery and recycling services.

As a recruiter, how would a candidate impress you? We value candidates who are passionate about the industry, demonstrate capability to drive Dell’s strategy, & are committed to success. We are always impressed by candidates with the highest integrity, candidates who can learn, understand, and problem solve, as well as respond, cope, and adjust to a fast-paced changing environment.

How does your company allow MBA/ PhD/Masters graduates to develop their skills? MBA/PhD/Masters graduates have opportunities for career development within Dell. Some of our business functions offer rotational opportunities for recent graduates. We have a variety of skill development classes available within Dell available to all employees. In addition to formal classes, there is a formal mentoring program at Dell where new employees can be matched with one or more experienced mentor(s) to be guided not only through the first few years, but throughout their careers.

How has the economic downturn impacted on your business and recruitment of MBA/ PhD/Masters graduates? Although Dell is not exempt from the effects of the economic downturn, our company leadership is committed to strategically bringing talented MBA/PhD/Masters graduates into the organization. We value the diversity of thought and skills these candidates bring to our organization as we strive for improving the success of our business.

Ecological modern building TopMBA Career Guide www.topmba.com 41

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Alumni Interview

Alumni interview: Matthew Farmer MBA program: IESE Business School, Barcelona Year of graduation: 2003 My name is Matthew Farmer and I undertook a full time MBA at IESE Business School Barcelona graduating in May 2003. When I applied, many people were thinking it was a good time to do an MBA because the dot.com boom was coming to an end and the economy was in trouble (a bit like now). In reality we ended up graduating during a terrible time for MBA job opportunities as it had taken time for the fallout from the dot bomb and September 11th to filter through and many traditional recruiters were not hiring MBAs when we graduated in 2003. It shows that there’s no guarantee how the market will be when you graduate. However in my case it focused me on thinking about what I really wanted to do without the distraction of job offers from major employers to turn my head. Straight after graduation I set up a social business called Adopt a Business (AAB) together with one of my classmates. AAB sends highly talented people with strong business skills to support the development of small business and not-for-profits in the developing world as part of their development.

I still run that organization now – 6 years after graduation. We are not a particularly large organization but we work with high quality people from major companies including IBM, Ernst & Young and Microsoft and the participants do some fantastic work to help some really inspirational organizations that are making a real difference to people lives in places like India and Africa to grow, develop and prosper. Partners we support in the developing world range from businesses producing solar and LED lanterns that can be used by people without access to grid lighting to organizations producing and marketing fairly traded produce on behalf of indigenous tribal groups to hospit als performing hundreds of thousands of free-ofcharge eye surgeries a year, seeking to rid the world of curable blindness. It’s very inspirational stuff. The participants learn a huge amount about themselves and how they operate in different environments building the confidence to take on new challenges upon return to their companies and the perspectives and qualities that will make them better leaders.

The MBA at IESE gave me the confidence and the resources (in terms of people and time) to be able to turn my ideas into a real business. Spending time with talented people from different backgrounds from countries all over the world helped me to understand that many different things were possible and helped lift the limiting beliefs that held me back. There were also specific courses on issues such as Emerging Economies, Base of the pyramid business models and entrepreneurship that provided knowledge, insight and the time and focus to help shape the business plan. There was also something in the values of IESE that encouraged me to think about the social role of business and to question assumptions of business’ purpose in society encouraging me to take a step into what was at that stage a rather unusual path of social entrepreneurship. It’s worth saying that economically I doubt that better off for having undertaken the MBA. However I have definitely benefitted in being able to start and continue to work for something that I am passionate about, that truly represents who I am and that make s real difference in the world.

All courses taught in English by Qualified Western Professors 1st Miusskaya Ul, 22-3 Moscow, RF 7(495)649-2273 www.pericles.ru 42info@pericles.ru TopMBA Career Guide www.topmba.com MBA_WIN09_pp_001-999.indd 42

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Company profile STAPLES

Interview with

Gillian Taitz

Senior Recruiter, College Relations, Staples

Company details US$23bn in sales Headquartered just outside of Boston, MA Staples operates in 27 countries throughout North and South America, Europe and Asia/Pacific Staples operates 1,832 retail stores throughout the United States and Canada 91,000 employees

What makes your company a strong one to work for? Diversity. Environment. Community. Ethics. They’re in our Soul. As one of the people behind the Easy Button, you’ll join a team committed to the highest standards of corporate responsibility. Staples Soul is a holistic approach that recognizes the close connection between our financial success and our desire to make a positive impact on our associates, communities and the planet. It’s how we do business. And that makes Staples an organization you’ll be proud to call your own.

Environment

Diversity

Community

Our associates mirror the diversity of the communities in which we do business. By reflecting the face of our customer, we also create a workplace of inclusion and acceptance. Our commitment goes beyond race, age and gender to include developing a diversity of thought and experience. It also extends to sourcing office supply products and services from diverse minority- and women-owned businesses.

Staples reaches out to the communities where our customers and associates live and work through the Staples Foundation for Learning®, our alliances with U.S. and international charitable organizations, causemarketing initiatives and local giving programs.

We seek environmental excellence in every aspect of our business. Examples include developing and sourcing environmentally preferable products, providing easy recycling services for our customers and associates, supporting energy efficiency and renewable energy, and educating stakeholders about environmental issues.

Ethics Staples strives to be a model of corporate governance and ethical business practices. Our commitment to integrity is embodied in our Code of Ethics, which all associates are expected to follow. We also seek to work with suppliers who share our values, as reflected in our Supplier Code of Conduct.

46

In 1986, Staples® invented the office superstore

throughout North and South America, Europe,

concept. Today, we are the world’s largest office

Asia and Australia. Our associates are responsible

products company with $23 billion in sales in 2008.

for the company’s success. Their commitment to

We’re committed to making it easy for our

making it easy is helping us build a great company

customers around the globe to buy a wide range of

– a company where everyone has a voice, owns

office products, including supplies, technology,

their own future and has a strong financial stake

furniture, and business services. Staples serves

in our continuing success.

businesses of all sizes and consumers in 27 countries

Staples® is a great place to work.

TopMBA CAREER GUIDE www.topmba.com

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Company profile staples

What examples can you provide of what your company is doing in the area of Sustainability: Environmentally preferable products

Environmental education

By the end of 2007, Staples was offering more than 3,000 different environmentally preferable office products, including many Staples® brand products. Beyond recycled content, we’re pursuing opportunities to develop Staples® brand products with “green” raw materials, including wood fiber from certified sustainable forests, agricultural wastes, and lower impact bio–based alternatives.

Through our partnerships with organizations focused on environmental education, we’re working to educate associates, consumers and businesses about how they can make a difference for the environment. In our industry, we plan to be the world class leaders in the area of sustainability

Recycling

Become a more inspiring leader. A more effective manager. Or a higherperforming salesperson. It’s part of our entrepreneurial culture to promote from within. Staples University gives all associates (at all levels) the training to lead and succeed.

From taking back used computers and other office technology products, ink and toner cartridges, personal electronics, and rechargeable batteries from our customers to recycling cardboard, paper, electronics, and various other items internally, Staples believes in the value of recycling.

Energy & climate Our investments in energy conservation and renewable energy reflect our commitment to reducing the impacts of our energy use on the environment, particularly related to climate change.

Staples University

Annual scholarship program Reimburses you for eligible tuition, lab fees, books and related supplies and equipment when you enroll in a degree program or job-related course at an accredited college or university.

A wind farm in the Philippines TopMBA Career Guide www.topmba.com 47

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Untitled-4 7/21/09 2:31 PM Page 1


MBA Accreditation

Business school accreditation -

is it important? Business school accreditation has become as central to the selection process as the GMAT is to identifying the best candidates. So, what is business school accreditation and how important is it for candidates to consider? By Ross Geraghty

F

inding the right business school out of a list that tops 8,000 internationally isn’t easy. For every MBA candidate there are numerous reasons for short-listing one school and not another. At QS topmba. com, the world’s leading website for MBA information, we encourage candidates to spend significant time thinking about their personal interests and limitations to ensure their chosen school is the right one for them. Not every school suits every candidate, no matter how high their GMAT score or how well-ranked the school might be. Accreditation is a process that business schools volunteer for in order to get public recognition and that they have achieved a certain standard of education. Most business schools are accredited to some level, so it is worth asking an unaccredited school why they haven’t chosen that route. There are three international accreditation bodies. The Association to Advance Collegiate Schools of Business (AACSB), started as a body accrediting US and Canadian business schools, although it now accredits schools outside North America. The European Fund for Management Development (EFMD), has its accrediting body, EQUIS, which now accredits outside the European Union. Both accreditation bodies look at, and accredit, the school as a whole, taking in big picture issues such as resources, 50

quality of faculty, and programs on offer. Generally speaking EQUIS has a strong focus on business school diversity, largely as a result of its pan-European background. It also includes Executive MBA and part time programs. For the AACSB, which accredits full time MBAs, how a school uses its resources to bring it up to a top level is more important. The third body, the Association of MBAs (AMBA), based in the UK, accredits individual MBA programs rather than the school as a whole. There are other accrediting bodies but

managing director of the QS World MBA Tour. For the last 14 years, QS has taken top-level accredited business schools on tour to over 65 cities worldwide to meet MBA candidates. For Quacquarelli, accreditation is important as long as the candidate’s expectations are realistic. “Accreditation provides a threshold of standard for business schools,” he says. “The specific focus of each board is quite different so they are measuring different things. A candidate needs to understand what accreditation a school or program has received and why, before making

“Accreditation is a system of governance by the education industry in order to raise standards by allowing a framework of accountability within a school and also with its peers. While it does make schools conform to a pre-requisite level, accreditation also makes them compete on quality and not simply on cost, which can only be a good thing”

these operate on a local level. The Central and East European Management Development Association (CEEMAN), for example, accredits business schools in the Central European region. So how important is it for an MBA candidate to consider accredited programs above unaccredited ones? Nunzio Quacquarelli is

their decision. It is important that a school is accredited either locally or internationally.” Durham Business School in the UK is one of only 34 international business schools, of which 29 regularly attend the QS World MBA Tour, to be triple-accredited by the AACSB, AMBA and EQUIS. The school’s Dean, Rob Dixon, says attaining all three kitemarks takes

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MBA Accreditation

a business school a great deal of commitment and hard work but it is something that many top MBA programs strive for, at significant cost and effort. “There is no doubt that the independent endorsement and credibility of an accreditation kitemark is a standard of excellence worth striving for,” Dixon says. “In today’s crowded MBA market [accreditation] provides students with a useful benchmark and starting point when deciding which schools to consider. However, one of the most important points about any accreditation is that it demonstrates a real commitment to quality and a process of continuous improvement and development.” Jerry Trapnell, chief accreditation officer from the AACSB, based in Florida, stresses that accrediting bodies are co-operative and not in competition with each other, due to their different philosophies and methodologies. “We have great respect for EQUIS accreditation and the schools that have earned it. EQUIS accreditation standards have a strong focus on how schools address internationalization among curricula, faculty, and students of the business school as well as relationships with corporations/businesses. AACSB clearly expects schools to prepare their graduates for work in the global economy and to seek appropriate input and counsel from various stakeholders to include employers, alumni, students, and faculty; however, we grant significant latitude on how this is accomplished.” The accreditation process is extremely involved, from start to finish, and can take schools years to rise to the specific challenges set. In return, schools get the benefit of peer review by three top-level deans from other business schools, says Xavier Mendoza, Director General of ESADE Business School in Barcelona and a long-term member of the AACSB. “A school will have a say in which deans become members of their peer review team and so top schools attract very interesting/ experienced deans to review them. The advice those deans bring to the school seeking accreditation is very valuable.”

“Accreditation is a system of governance by the education industry in order to raise standards by allowing a framework of accountability within a school and also with its peers. While it does make schools conform to a pre requisite level, accreditation also makes schools compete on quality and not simply on cost, which can only be a good thing. And it creates a need for top-quality second and third tier schools to cater for the students who don’t make it into the very highest sphere of business schools.”

Accreditation, while important, is not the only criteria that candidates should look for. It’s impossible to accredit a school culture, for example, and it can only offer hints about the quality of non-faculty staff, such as careers advisors who also play a part in the MBA experience. “Accreditation harmonizes on the quality of education, but candidates can, and should, still choose on any number of other issues which accreditation does not touch on. For example

IE’s Michael Aldous agrees: “Frankly, I do not believe that top accreditation systems jeopardize the identity of schools. The accredited schools under AMBA, for example, vary substantially in terms of mission, program range and resources. Some are more innovative and others more traditional. This diversity contributes to the richness of the system.”

their approach to Corporate Social Responsibility and sustainability issues,” Mendoza says. To learn more about accreditation and to visit hundreds of accredited business schools from around the world, go to www.topmba.com and register for the QS World MBA Tour at a city near you.

Critics Accreditation is not without its critics. Some senior members of business schools question the long-term results of accreditation. One senior business school representative in Europe, who asked to remain unamed, speculated whether a hidden result of accreditation could be that schools, which thrive on differentiating themselves in terms of school culture and education, “might be at risk of becoming too similar to one another as a result of the system of benchmarking so regularly and deeply.” This is not a concern for Mendoza, however, who believes that the good outweighs the bad.

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MBA applications

First steps

for choosing the right business school By Nunzio Quacquarelli

Over 100,000 people a year choose to study for an MBA worldwide. With young professionals recognising that there are no "jobs for life", an MBA can provide skills to make an individual more marketable and to provide greater career choice

I

f you are interested in becoming an international manager you may soon join the ranks of qualified MBAs. But business schools are not all the same; you need to research your choice of school carefully to ensure that it matches your personal requirements. The QS World MBA Tour and topmba. com conduct annual research of 400 business schools, 50,000 MBA applicants and 500 MBA recruiters to assist you. Some of the findings are summarized below.

Step 1: Why should I take an MBA? The first step is to analyze your personal motives for taking an MBA. Do you want to carry on working whilst you take your MBA, or study full time and evaluate new career opportunities? Is a salary increase what matters, or is it international experience? Is your primary goal to broaden your education and horizons, or to develop specialist skills for career enhancement? An honest selfassessment will save you a great deal of time 52

and energy by helping you choose a focused selection of schools. QS research (see table 1) demonstrates that MBA applicants around the world take an MBA for career-related reasons, to learn new skills and build a professional network, although ‘enabling a career change’ has noticeably increased in importance in recent years. Boosting salary remains only fifth most important, similar to starting one’s own business. Table 1: Reasons for doing an MBA Reasons

2009

2008

2007

improve career prospects

66%

70%

69%

learn new skills

60%

58%

54%

Build a professional network

53%

45%

41%

Enable a career change

41%

43%

34%

Boost salary

31%

32%

27%

Start own business

29%

25%

24%

Primarily for education

26%

23%

21%

QS TopMBA.com Applicant Survey 2007-09

Step 2: Identify career goals The second thing to do when considering business school is to try to narrow down the types of career you might like to pursue, balanced by a realistic self-assessment of your skill base. Examining your motives carefully, and determining where you want to work after graduation, should be a major part of this process. Most business school application forms ask for your career aspirations; they want to see a cogent explanation of where you want to be in the future and how that school can help you get there. For example, if you want to become a management consultant with a starting compensation of over US$129,000, according to the most recent figures available – the QS TopMBA.com Recruitment and Salary Report 2008 - there are only 50 or 60 international business schools actively recruiting, half of which are in the US. If you wish to work in a particular country, you may well be better off taking your MBA there and accessing the school’s local recruiter and alumni network locally.

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MBA applications

Step 3: Budget and study mode The full time MBA is still by far the most popular program in terms of candidate numbers. Part time and executive MBAs are growing, but are still quite small by comparison. The standard period for an international full time MBA in the USA is two years. In Europe, London Business School and IESE offer a twoyear program, whereas IMD, INSEAD, IE, Cambridge, Cranfield, Warwick and other leading programs are one year. In Europe, the annual cost of an MBA can be from £5,000 to £40,000 for tuition, with

with British institutions alone. Average costs for distance learning varied from £4,000 to £20,000, over three to eight years.

Step 4: Determining the criteria for your choice of school Despite the media frenzy surrounding rankings, our research suggests that candidates vary significantly in terms of the criteria which matter to them in selecting a business school. Prior to the QS World MBA Tour, candidates can review topmba.com/Scorecard – a radically new applicant research tool which will allow them to

“Knowing what your motivations are is the most important first step to business school success. It will get you through the interview process and stand you in good stead for your MBA and post-MBA experience”

books and living expenses extra. However, financial aid exists, which can make the most costly programs affordable. Scholarships are offered by a variety of organizations, and many local banks offer low-start loans for the period of your study. Individuals are advised to apply to the school of their choice and to make specific enquiries about funding options. If you wish to carry on working during your MBA, this will narrow down your choice of schools. Part time, executive MBA and distance learning study become the only options. For example, in 2008, over 25,000 people used distance learning for an MBA or similar diploma

apply their own weightings to a detailed set of selection criteria. Our research indicates that the most popular selection criteria are: Scholarship availability, Quality of Academic Staff, ROI, relevant specializations and career placement record, with rankings coming only seventh. Table 2: Business school selection criteria Benchmarked:

2009 (2008)

Scholarships / Financial Aid

1 (9)

Quality of Academic Staff

2 (3)

Return on Investment

3 (2)

School Specialisations

3 (5)

Career Placement Record

5 (1)

School Reputation

6 (3)

Recent School Ranking

7 (7)

Affordability

7 (13)

Teaching Style

9 (11)

Accreditation Status

10 (8)

Profile of Students / Alumni

11 (5)

Course Length

12 (12)

Convenience of Location

13 (10)

QS TopMBA.com Applicant Research 2009 Career placement record is still a priority for many applicants; helping candidates in their job search is a key component of the MBA. Each business school has a career service department and some attract companies onto campus to interview students. Today, the majority of MBAs find their jobs through an off-campus search and over 100 business schools subscribe to TopMBA/ Careers, the leading online jobs network for MBA students. Knowing what your motivations are is the most important first step to business school success. It will get you through the interview process and stand you in good stead for your MBA and post-MBA experience. As it is such an involved process, getting it right from the start is essential. Do as much research as you can; visit the QS World MBA tour, look at Scorecard, read websites, talk to as many alumnae and admissions people as you can and move forward confidently with your choices. TopMBA Career Guide www.topmba.com 53

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MBA Diversity

Americans look overseas for global MBA courses and diversity By Ross Geraghty

A

mericans are leaving the US to study MBA programs at top business schools overseas in greater numbers than ever before, according to research by QS, the world’s leading MBA career and education specialists. And while the US continues to be the top destination for international MBA students, including Americans, it seems as though other countries, particularly those in the UK and other parts of Western Europe, are beginning to chip away at the US hegemony to attract top MBA talent to their programs. Not that this should be seen as a distress signal to US business schools in any way. It is still the case that almost 80% of people considering doing an MBA would consider studying in the US which has the longest business school history, a large chunk of the schools featuring top in any ranking you may find and a mature culture of scholarships, loans and internships to attract international students. However, a perceived lack of global awareness and diversity is the reason why some of the US’ top talent is seeking pastures new for their management education. It may signal to the deans and MBA course designers that a little tinkering may be required under the bonnet.

International perspective “Nearly every company interacts internationally in the new ‘flat’ world, and I wanted to get a more international worldview than the typical US school could offer,” says Eric King, an 54

American and a full time MBA student at the highly-regarded business school ESADE in Barcelona. King attended the prestigious QS World MBA Tour in New York to meet with admissions people and alumni from ESADE as part of his business school research and was delighted with the way the fair helped him hone down his MBA shortlist.

our consciousness so much in the US. My partner and I have decided to stay here in the UK and the exposure of this program has opened the door for us to do that.”

Global context For Morgan Witkin, another American student also at ESADE, the more developed global

“A perceived lack of global awareness and diversity is the reason why some of the US’ top talent is seeking pastures new for their management education. It may signal to the deans and MBA course designers that a little tinkering may be required under the bonnet”

“This desire, coupled with a strong passion for new experience, is what originally led me to consider getting my MBA abroad. My research identified schools that I felt would give me a similar academic challenge and ‘degree equity’ as the top US schools,” King says. Kelly Longfield is an American who chose Cass Business School in London. For her, the perceived lack of diversity in the US inspired a move to study overseas. “The US is huge and our associations are more with Canada and South America so in many ways it’s insulated. Here there is more access to Europe, the old world and emerging markets which aren’t in

context of the European program clinched it. “If you look at the world today, at the state of business, you see that bridges are being built and borders broken down. I desired to focus on global business to expand both my knowledge and my network. “I knew I wanted to build a foundation of analytical and tactical capabilities with an MBA, but I wanted these capabilities to be applicable in a global context. Learning in a global environment such as that of ESADE, will provide me with the ability to function comfortably in the global arena. I could have studied in the States, and studied international laws and business practices- but at ESADE I am living them.”

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MBA Diversity

Statistics show that, on average, US business schools do have a smaller percentage of international students, and therefore less diversity, than on major European campuses. The Bush administration’s 2002 decision to slash the number of H1-B visas it granted to international students is partly responsible for this. His successor, Barack Obama, hasn’t inplied if he’ll move on reversing that decision. However, is it a concern to US business schools that there is a growing perception amongst its own top MBA talent that in order to truly get the most from business school they will need to leave their home shores.

as opposed to America’s generally two-year MBA stints, allows students to get back into a business career more promptly, which will suit many Americans.

Course duration

Strong US schools

Kelly Longfield at Cass expands: “The idea of getting in and out in one year was very appealing. It’s hard because in the US we’re used to the two-year model and the name of the school you attend is very significant. If you get into the right name school it gets you in doors. The perception in the US is that a one-year program is more for people sponsored by work, or who are older and with different circumstances, and that the course is not so comprehensive.

Not all parties think so. Michael Stepanek is MBA Program Director at the University of North Carolina at Chapel Hill’s KenanFlagler Business School. He argues that it is a US school’s mandate to teach the core subjects that US employers demand. “UNC Kenan-Flagler understandably begins with US-based business models and markets. It is our obligation to prepare graduates with skills appropriate for local markets since recruiting organizations demand our students have local knowledge, applicable skills and adaptable experience. In the end, students typically attend schools in the region where they want to live and work or establish a network for future business relationships.” Paul Danos, Dean of Tuck Business School at Dartmouth in New Hampshire, agrees, suggesting that American schools have a far stronger global perspective than our sample interviewees believed: “I have found that the students who choose a particular region in which to study will give the positive reasons for their choice and vice versa. If you were to ask non-US students why they came to a top US MBA program, they would list all kinds of positive reasons including the broadening of their global perspectives. My belief is that the very best business schools in the world are all very global in their coverage and outlook, with some shading of interest and coverage toward the region in which the school is located. Most of the top schools in the US have 30 to 40 percent non-US born students and about the same non-US born faculty. Having said all of that, we know that global businesses will continue to be the dominant targets for our graduates ’ careers and we are planning even more intensive global experiences for our students.” There are other reasons why American students would want to study in Europe. Firstly, the shorter duration of the program, one year

The Gherkin in London

“However coming to the UK the more I realized it was normal here and that reputation is good and the programs are very, very good too. What they cram into a year!” With the pound continuing to slide, the UK may be even more attractive to US students than ever before, however nobody interviewed for this article made a point of the cost of courses being significant in their decisions. It seems more that talented Americans are increasingly coming round to the fact that, if you want to live and work overseas or get ahead in a challenging global environment, the diversity and access to other markets that European schools offer just may be the right step for them.

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MBA FAQ

Ross Geraghty, Managing Editor of the TopMBA Career Guide, answers questions put to him in the summer of 2009 How has the world crisis influenced the MBA education sector? One viewpoint is that it’s a luxury but, from another perspective, more people have time to get another qualification now. How has this affected the numbers of students and applicants? It’s interesting that when the recession first happened, numbers of MBA applicants spiked at most of the world’s leading business schools. Numbers of people in the banking and consulting sectors in particular were either losing their jobs or facing hiring freezes. Many people decided that the time was right to take that MBA and sit out the recession in business school, so that they could get the learning required to hit the ground running when the economic upturn happens. They would then be in a better position to change careers or get promoted when things return to normal. Now numbers of applications have flattened out slightly. We think that people in secure careers are electing to stay put for the time being and wait until the worst of the recession is over. This is particularly true in industries other than banking or consulting, but it is possible that when the recession affects industries such as engineering and IT, we will see an influx of applications to business school again.

What are the key changes that have taken place in terms of the structure of MBA courses? According to the QS topmba.com applicant survey, which interviewed 4,000 MBA candidates worldwide, banking and finance specializations are the most popular courses, but what we’re seeing is a shift towards entrepreneurialism as a specialization and a preferred career. There’s been little change yet in the structure of MBA courses,

“Deans at business schools are listening closely to the calls for change. Working out how to teach better corporate governance as a result of the global recession is big on most top schools’ agendas. I expect this to be implemented across most top programs in the near future.”

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but deans at business schools are watching closely to the calls for change. Implementing the ‘next big thing’ in MBA programs, and working out how to teach better corporate governance as a result of the global recession, are big on most top schools’ agendas. I expect this to be implemented across most top programs in the near future.

Could you please describe today’s student: work experience, education, position/status, age? Has it changed during the crisis? Today’s MBA student, if it’s possible to generalize, is in their late 20s with four to five years of work experience. In 2009 41% are female –

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MBA FAQ

the highest proportion of women ever – and only about one in five is married; even fewer have children as most know the MBA course is very demanding. Virtually all, but for exceptional circumstances, will have a first degree and some relevant work experience, though it need not have been in banking or finance. All will stand out in some way as talented and valuable, by a business school’s expert admission team, and all will have ambition in some form. The average age for MBA candidates has risen a little, perhaps as a result of hiring freezes caused by the recession putting a lot of experienced people back into the market. The international average age has risen from 26.7 years to 28.4 years internationally. There has been a great increase in people coming from nontraditional backgrounds into MBA programs, as schools also seek to diversify. Doctors, lawyers, media people, all sorts are finding their way into business school.

Some people think it doesn’t make sense to leave their home countries now in order to get an education, because experience learned during the crisis will increase their value in the job markets of the future. What is your opinion? There is no hard and fast rule about business school. For some people it is right and valuable, for others it is wrong. The same goes for recruiters – there are those who value MBAs and those who do not, and each are entitled to their opinions. What the MBA does teach are a strong set of excellent general management skills with core specializations such as finance, marketing and leadership. An MBA even teaches entrepreneurship, which an increasing number of recruiters internationally see as valuable. In Russia, China, India and Brazil, most projections, from McKinsey and others, are that more managers are needed than are available. This will cause problems in the future unless the need is addressed and, therefore, we believe that the plus side of taking an MBA far outweighs the minus side. Not all recruiters will see it this way, but that is gradually changing. As the saying goes, you can’t please all of the people all of the time.

What should recent MBA graduates do to look for a job? This is a big question and one that is hard to answer generally as so much of it is up to the individual. My advice is that all candidates should go into an MBA program with an idea of why they are there, in terms of what career they are considering after they graduate. This does not mean they cannot change their minds during the course but to have an idea and an ambition is a good starting point. Many MBA graduates will find themselves entering a fast-track to promotion, or at least in positions where they will get promoted more quickly than those without MBAs. However, some recruiters criticize MBAs for being unrealistic, even arrogant, about their skills and expectations. So I advise them to remember that what they have learned is going to be very useful, but that they do not know everything yet, and they will not be Chairman of the Board three years after they leave school. Always be prepared to learn. In terms of looking for work, the top schools should have excellent career placement records and very experienced staff in those offices. Make very sure that they know who you are, what your skills are and what you want. Be prepared to network like crazy and, if possible, get the best internship and work experience as possible while on the MBA course.

Are there any finance programs or scholarships available for those who decide to do an MBA? There are always ways of funding courses, though it must be said that it is harder to find finance now than a few years ago. Banks are tighter with loans than before. However finance is still possible, but MBAs have to be smart to find the best deals available. Scholarships are available too, though of course competition is high for them. QS has access to US$1.6million in scholarships to those who attend the World MBA Tour; schools also offer scholarships. It is worth spending a huge amount of time on scholarship applications, getting them right. Talk to the business school office at length and see what your options are.

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Editorial MBA

Germany: slowly building up a business school reputation By Ross Geraghty

With the third largest economy in the world and few rivals in certain industries, Germany is one of the world’s leading industrial nations. A high-wage driven economy and a successful history in business and industry in recent years has also seen her develop into a leading finance centre and with an automotive industry that is the envy of the world

Despite this and its population of over 82 million, large by European standards, Germany is not a powerhouse in terms of business schools and MBA programs. The UK, Spain, France, Switzerland, and Italy all have internationally renowned business schools. So why has powerful Germany lagged so far behind?

Bologna Process The Bologna Process, designed to level the playing field for education across Europe, has had a complex impact in Germany and divided opinion perhaps more than in any other European country. In Spring 2009, ten years after the process began, there were still protests to Chancellor Angela Merkel against the restructuring of the German education system. The changes to the system had to be radical in many cases. German undergraduate programs, which are legally bound not to charge fees, had previously been based on a five- or six-year diploma system. To some minds, this system encouraged many students to take their time with degrees, often changing between courses and not feeling the pressure to complete courses. On the other hand, many Germans valued the system of education for its own sake, and felt that forcing students into the new threeyear system was a mistake. Either way, according to Bärbel Schwertfeger of German-based website mbachannel.com, the result was that, under the previous system, too many Germans left university too old to get the work experience necessary for business school. “After six years 62

study and three years of work experience, this didn’t fit with the German culture, which favours education within a company which the employee would then never leave.”

Internationalism Germany’s problem attracting international students – though it must be said that, proportionately, most MBA programs in Germany have an enviably high proportion of international students – has been partly down to the accreditation process. Currently Mannheim Business School is the only one to have received the enviable tripleaccreditation. The problem is more to do with time than quality, says Dean Professor Wulff Plinke at ESMT in Berlin. “The key international accrediting bodies, AACSB, EQUIS and AMBA, take at least three years to accredit a course and it can take a school the same time to even be prepared to apply for accreditation. We’re delighted to have the AMBA accreditation for our course so early.” Sabine Weinheimer of Goethe Business School in Frankfurt agrees and shows that this lack of accreditation heavily affects the performance of business school in the rankings. “Before Bologna, there were not many programs held in English. As a consequence the programs are relatively new and they do not show up in the rankings yet, a circle we are currently breaking out of. It will take a few years before prospective students get a real feeling for what they get out of the [German business] schools.

Only then will the market get a boost in awareness which it needs to grow further.” Despite recent bad press, Germany is an extremely multi-cultural nation and very welcoming of international students and workers. The level of English is also generally very high, particularly among the younger generation. However, additional problems lie elsewhere. Says Bärbel Schwertfeger, “if you don’t speak German you can forget about a job [in Germany], even in an international bank and even one that is English-speaking.” Sabine Weinheimer says, “For foreigners the German education system has a good reputation but mainly among those who seek employment and want to stay in Germany.” However, according to more than one MBA graduate interviewed, work is “difficult to find” in Germany at the moment as the nation suffers from the economic downturn, and this is true “especially for non-German speakers.”

Finding her way Despite a relatively slow start, in business school terms, Germany is beginning to find its way and MBA recruiters are taking notice, choosing six business schools in the top 100 European business schools (see table 1). Dean Plinke of ESMT, a school created by funding from 25 leading German companies and associations and particularly strong in executive education for middle-level employees of those companies, puts this down to Germany’s “great strength in the automotive industry. Germany is well-known to be a technological innovator,” he says.

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Editorial MBA

Potsdamer Platz, former east Berlin Professor Dr. Stephan Seiter, Dean of MBA Studies at ESB Reutligen Business School provides a more academic approach. “[Students] study in Germany because the education system is well-organized and the quality of the faculty is high due to a strict selection process. Furthermore, many professors show a high level of experience as they worked in companies for many years, which holds true for ESB too. Germany holds many jobs for MBA students because of its export-oriented industries.”

Current students feel that they have stumbled upon a fledgling business management education system too, and that this is to their advantage. “Germany has a tradition of high standards and its industry is famous for its technological innovation, both of which were important to me when choosing a business school and its location for my MBA,” says Indian student Ranjith Sirusanagandl at ESMT in Berlin. Students and academics acknowledge that Germany has some way to go to establish itself

as a world leader in this regard, however the smaller class sizes, rigorous academic reputation, opportunity to learn a foreign language and close proximity to financial and industrial giants make it a decent bet for MBA education.

Table 1. German business schools in the European top 100, according to the QS Global 200 Business Schools 2009: The Employers’ Choice

School name

Ranking (Europe)

Avg. GMAT

Avg. years work experience

Class size

ESMT (Berlin)

37

620

7

28

European Business School

53

500

2

n/a

GISMA Business School

60

620

5

72

HHL - Leipzig GSM

41

595

4

35

Mannheim Business School

34

600

4

40

WHU - Otto Beisheim GSM

38

600

3

20

Source: QS Global 200 Business Schools 2009: The Employers’ Choice TopMBA Career Guide www.topmba.com 63

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MBA News

Australia moves to rebuild tarnished image with Indian students By Ross Geraghty

T

he recent spate of attacks against Indian students living in Australia has caused consternation among the large Indian student population in that country, and forced deans and vice-chancellors across the nation into crisis management mode. All are united in their condemnation of the attacks, of course, and are at great pains to point out Australia’s relatively safe and welcoming history for international students. They reiterate that strict safety measures are in place at all of the country’s major universities and business schools. Racism, when and wherever it rears its ugly head, is inexcusable, yet it is particularly deplorable when one specific nationality is singled out for verbal or physical assaults. This indicates a level of ignorance from which, sadly, almost all countries suffer to some extent. Australia is no exception.

Popularity Indians have been going to Australia for decades to study. It is relatively close geographically, it is Anglophone, well developed and with a high level of opportunity for postgraduate careers and affordable, high quality education. I n d e e d , I n di a n s responding to the QS To p M B A . c o m Applicant Survey 2009 – the most exhaustive survey of its kind, surveying thousands of MBA candidates worldwide – shows that Australia comes joint third with Canada, behind only the US and UK, in terms of business school popularity for candidates considering studying overseas.

The reasons for these attacks will be long discussed, both within and without the Australian education sphere, but their severity prompted thousands of Indians to take to the streets of Melbourne in late June 2009 to protest about their complaints going unheeded, not just over recent weeks but for years. Alleged police insensitivity to the attacks further alienated the Indian population when the police allegedly used a heavy-handed approach during the Melbourne demonstration.

Reputation There seems little doubt that these recent attacks have done some well documented and perhaps long term damage to Australia’s reputation among Indian students considering studying there. Professor John Glynn of the University of Wollongong, Sydney, says: “We are of course concerned that such incidents will damage brand ‘Australia’.” Australian educators have every right to be concerned. There are upwards of 90,000 Indian students in Australia already and, if QS topmba.

Australian Prime Minister, Kevin Rudd, commented on the problem and spoke to the Indian Prime Minister about it. “I speak on behalf of all Australians when I say that we deplore and condemn these attacks,” he said. “I said to Prime Minister Singh that the more than 90,000 Indian students in Australia are welcome guests in our country.” The situation is serious. One student, Resham Singh, was attacked in Melbourne where youths tore off his turban and tried to cut off his hair, while taunting him verbally. “They were saying, ‘you Indians, we hate you, we will kill you,’” the 22 year-old hospitality student said. “How can we stay here? I can’t feel safe here. I have never seen police here [at the train station].”

“If the Australian authorities act decisively now, then it is unlikely there will be any long term damage to Indian student recruitment into Australian universities”

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Safety com projections are accurate, this figure would in normal conditions continue to increase year on year. It is a highly lucrative industry for the country’s economy too, and the government is taking the situation seriously enough that the

However, heads of educational establishments in Australia are going to great lengths to emphasize the high levels of safety for international students on their campuses. Professor Glyn Davis, of the University of Melbourne, says: “While Melbourne’s

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MBA News

reputation in this regard has, unfortunately, been tarnished by these recent events, it is my hope that our school will remain a welcoming and safe place for people of all nations.” Professor Glynn at the University of Wollongong concurs: “We will be doubling our efforts to assure all international students that they can expect a very positive experience with our school. Two of my colleagues will be at both rounds of the QS World MBA fairs to be held later this year in India to underline this commitment and to address any concerns personally.” Nunzio Quacquarelli is managing director of QS and the QS World MBA Tour and is firm on the company’s zero tolerance approach to racism: “QS as a company places cultural sensitivity and tolerance as a core value, reflecting the attitudes of the education industry as a whole. Australian universities have a long history of being very welcoming to international students of all nationalities, and providing excellent support services. Incidents of racial discrimination will be condemned by those in positions of responsibility in the Australian university system.

In Australia itself, both sides of the debate are trying to play down the racist element of the att acks. In Sydney, Assist ant Police Commissioner Dave Owens said: “I don’t believe at this point in time it is racially motivated. I believe these were random acts which unfortunately have escalated.” Some members of the Indian community concur: Dr Yadu Singh, a prominent member of Sydney’s Indian community, said: “I don’t think really there is a war going on between two races or two communities, but Indian students are not starting the fight, they are not going out to commit crime, so who is doing it? That is what the police have to find out.’’ At the highest levels, the suggestion of racism is being downplayed. Sujatha Singh, India’s High Commissioner to Australia, said she didn’t believe that Australia is a racist country. “There have been remarks in the press to that effect - I don’t think that Australia is a racist society,’’ she said. However, she added that there were elements in Australia that held “racist attitudes’’ and that Victoria Police had sometimes displayed a “lack of sensitivity’’

towards Indian students who had been victims of crime.

Future While this has inflamed some passions – there are those who believe that the attacks are fundamentally racially motivated – the result for potential students going to Australia remain the same. Whether Indian students find their belief in the Australian system deeply shaken remains to be seen, but educators and the media will be keeping a close eye on developments over the forthcoming months. Quacquarelli believes that the problem will be dealt with in Australia. “My expectation is that the Australian authorities will act to stamp out racism on campuses and that the thousands of Indian students in Australia will continue to have a very positive educational experience. If the Australian authorities act decisively now, then it is unlikely there will be any long term damage to Indian student recruitment into Australian universities. However, if the situation does persist, universities in other countries will gladly welcome additional Indian students.”

Demonstrators hold placards at a rally against racism towards Indian students May 31, 2009 in Melbourne, Australia TopMBA Career Guide www.topmba.com 67

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MBA admissions

Is this the most exciting time ever to do an MBA? Taking an MBA in the current climate isn’t just about taking shelter from the storm. It may also be the most intellectually exciting thing you have ever done. David Williams investigates

MBA programs have traditionally had two benefits in a recession. They provide an opportunity for graduates to avoid the worst of the downturn in the employment market, while simultaneously enabling them to invest in new skills that will give an advantage when the upturn comes. This time is different, however, and there is a third benefit. The downturn has been so profound that it is marking a watershed in attitudes to areas as fundament al as corporate social responsibility (CSR) and sustainability, corporate governance and the relationship between business and government. Taking an MBA at this time places graduates at the intellectual eye of

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the storm and an opportunity to be part of redefining where business will go from here.

Stimulating “I have been a professor and a dean now for thirty years,” says Roger Jenkins, Dean at the Farmer School of Business at Miami University, “and in my judgement I have never seen a more exciting time to enter an MBA program or to graduate from one. The MBA classroom has never been as vibrant as now because you have thrown away the textbook. You can pick up the Wall Street Journal or the Financial Times and you have real-life cases happening around you.”

“It is a very intellectuality stimulating environment at the moment,” agrees Dr. Rob Straw, vice director of the Executive School of Management at the University of St. Gallen. “You are right up close to the volatility of the market, working with and talking to people who are immediately involved in the crisis, and yet you are not personally affected. You can see the sweat but aren’t sweating yourself.” “I love it,” says Bennett P. Collier a firstyear student on a full time MBA at the Tuck School of Business Dartmouth. “My opinion and that of my fellow students is that the downturn presents a great opportunity. We can evaluate where the US is and where the global economy is, and, instead of making small

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MBA admissions

incremental changes, we can do some revolutionary thinking and put people on a path to making long term changes. Being at a top institution gives us some opportunity to help solve the problems that are out there.”

CSR/Sustainability Perhaps the most profound area of intellectual change going on at the moment is in the broadening out of the concept of sustainability to include the sustainability of a business itself. “People who run MBAs are avidly redesigning programs in order to prepare people for all of the implications of their business decisions,” argues Peter Rafferty, director of International Business at Vlerick Leuven Gent Management School. “We need to widen out CSR to include the long term impact of business decisions on communities and have to educate MBA students differently so that their concerns aren’t just about profitability or the long term survival of their own organization. “Vlerick has already taken steps to ensure a new consciousness takes shape as MBAs progress through their program. Starting with the September 2009 intake, all students will carry out a project which seeks to identify the environmental or community impact of a business or an industry. Students will examine the activities and consequences of decisions taken by managers, and design tools to enable measurement and evaluation of progress towards desired goals. Had such tools been available to the banking sector we might never have got into the sub-prime crisis in the first place.” “This is no longer simply a ‘green agenda,’” says Camiel Notermans at Nyenrode Business University. “It’s all about building businesses that will last because they are built on secure foundations that take into account the needs of all stakeholders from employees and shareholders right through to the environment itself.” “This year, for the first time, we’ve actually had students asking for extra hours to be added to courses dealing with these areas,” points out

they can help to shape a more responsible and consequently more sustainable future.”

Corporate governance Perhaps the second fundamental topic of debate that MBA students are involved in is the way companies will be governed and regulated in the future. “Business schools have been looking at the importance of governance as a topic and at weaknesses in the present system for a long time,” says David Wilson, Professor of Organisation and Strategy at Warwick University Business School. “We have been

“The downturn has been so profound that it is marking a watershed in attitudes to areas as fundamental as CSR and sustainability, corporate governance and the relationship between business and government”

Patrice Houdayer, Dean of Academic Programmes at EMLyon Business School. “And it’s also clear that they understand the importance of these issues well beyond their PR value. These are still hard-headed people who want to get the best return on investment from their studies, but they do genuinely believe that

looking at the effectiveness of the board for example, its structure and processes, and at the relationship between the board and other senior managers in an organization. But it has taken a recession to bring these weaknesses into stark relief. Having access to the debate on the shape of future governance systems is one of the key

benefits that anyone taking a business degree today would gain.” Dean Jenkins at Miami Farmer agrees. “There is no question that in the near term, in the next four or more years, understanding the role of government and being able to collaborate with government is going to be an important set of skills to have,” he says.

New attitudes to finance A final key area of insight which current MBA students will gain is in new attitudes towards finance. “The misapprehension is that people coming into business school will learn to do the algorithms better,” says David Wilson at Warwick. “But business schools have long gone beyond simply looking at applied mathematics. An area we have been looking at for some time now is what is called behavioural finance: why people and markets behave as they do, for example the influence of herd behaviour and the effects of rumour and innuendo on a situation. This whole area is very strong in business schools now, and it has been given an added piquancy by the crisis when many of these behaviours became evident. Taking an understanding of behavioural finance out into the world will be something that this generation of graduates will be the first to do.”

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11/8/09 16:25:19


MBA Rankings

MBA rankings: no longer the bottom line for candidates By Ross Geraghty

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here is an expression in English that there is ‘no smoke without fire’ – if you see smoke, there’s a fire somewhere causing it. The subject of rankings and league tables for schools is one of the burning issues in the education industry, especially in the MBA sphere, given the costs and fees involved. On one hand everyone wants to know how ‘good’ a given school is; business schools need to know they are on the right track for students and recruiters; MBA candidates want to ensure they are applying to a top MBA program, considering the size of their financial and time investment; professors know that the best schools will give them the best prestige and salaries; recruiters want to guarantee hiring the very best trained and talented people available.

Professor Wulff Plinke of the European School of Management and Technology in Berlin, believes that rankings are a good thing only if they are done properly. Though necessarily subjective, “the outcome is a kind of competitive benchmark.” Like many others he is concerned that, in the current development of rankings, “too much emphasis is being put on specific criteria that affect the attitudes of young managers, in particular entry salaries and salary increases.”

Shortlisting To others, if a school consistently features in the top-level of several different rankings, they must be doing something right. Kim Keating, Director of Public Relations at the Tuck School of Business at Dartmouth maintains that “business school rankings are still a valid tool for prospective students, recruiters, and others interested in business education.” For her, the best way to approach major rankings is through their methodology, “to study the different aspects and attributes that each one

Imperfect representations However, there is a compelling argument that all rankings are, by definition, flawed in some way. Dean Alfons Sauquets, of ESADE Business School in Barcelona, says that all ways of measuring school performance are “imperfect representations, and rankings are no exception”. He speculates that in attempting to assess schools and programs there is no hard and fast method but that rankings have become a necessary shortcut “in that they help candidates to sift through the huge amount of information available and the sheer number of schools offering MBAs and select the few programs they wish to find out more about.” Rankings are also victim to the restrictions of the methodology that created them, which is why no two rankings are likely to ever be the same. After all, how can a business school consisting of hundreds of different people, skills, professors with certain expertise, students from increasingly diverse backgrounds and interests be summed up neatly in one handy column? Are the differences between a school finishing 20th in a ranking and a school finishing 30th so vast? It seems unlikely. 70

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MBA Rankings

alternative to the is surveying.” She US. Perhaps if you believes that the “Rankings are also victim to the restrictions of the methodology that created want to work in Asia, imperfections of them, which is why no two rankings are likely to ever be the same. After all, an Asian business rankings should be school may be your tolerated. how can a business school consisting of hundreds of different people, skills, best option. This can help some professors with certain expertise, students from increasingly diverse The notion of people consider what a traditional, st atic middle- or low-tier backgrounds and interests be summed up neatly in one handy column?” rankings is being school might be, and challenged for this compare this to the very reason. The costs involved, when Some weight their rankings higher to the Wharton School regularly tops international creating their business school shortlist. Craig number of international faculty on a program. MBA rankings, but can it be that it’s the best Coltrane, an MBA graduate now in the media Others weight them based on the average program for absolutely everybody? Also industry, used several methods to pick the salary an MBA earns after graduating. Still unlikely. And with this in mind QS created right school “though rankings were not the others, such as the Aspen Institute’s Beyond Scorecard, found on www.topmba.com/ most important of those. But the more I delved Grey Pinstripes, focus on the percentage of scorecard, as a solution to this concern. into it, the more a few names kept repeating class time devoted to sustainability and Scorecard allows candidates to personalize in the rankings and in my searches on environmental issues. their rankings to suit their own individual Scorecard on topmba.com and those were the criteria. So if, for example, you want to take ones I focussed my search on.” an MBA with a strong entrepreneurial bias Rankings are only one of many different Rankings can save time but you don’t want to leave Europe, you can criteria that a candidate should look at when The TopMBA Career Guide believes in search for the best programs to suit you considering their MBA program. If one is educating MBA candidates to educate using Scorecard. If faculty strength, or going to use rankings as the basis for their themselves and to find the right fit for postgraduate salary, or in fact any of fifteen selection – and the QS topmba.com individuals before they take the timedifferent criteria are important to you, you Applicant Survey suggests that, year on year, consuming plunge into applications, can adjust the settings on Scorecard fewer candidates are doing so – they should GMATs and essay writing. The first advice accordingly. The best part is that it’s totally look closely at the methodology of the is to isolate options: spend as much time as free to use, so we recommend that you use rankings and see if it fits in with their own you need to decide what exactly it is that it as many times as you like and when the given beliefs. you hope to achieve from a course. Where same schools keep appearing on the This table shows that rankings actually (in terms of countries) does this mean you’ll shortlists that emerge, well... as they say, only come an average seventh to eighth place want to study? If you want to specialize in there’s no smoke without fire. among candidates internationally. Latin American export, then Spain is a good Criteria for selecting your school of choice. Source: QS TopMBA.com Applicants Survey 2009 2008 figures in brackets. 2007 figures in double brackets.

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Editorial MBA Careers

Sports star MBAs A lot of people do MBAs in order to become a star. Some however have already been stars in their youth and are taking an MBA to move into a different world. The TopMBA Career Guide talks to an American footballer, a Hungarian Olympic swimmer and an Indian national league cricketer and asks them how their experience of the MBA differed from the norm. David Williams reports

The American Footballer Billy Cundiff was a kicker in the NFL. He spent four years with the Dallas Cowboys and also played for Tampa Bay Buccaneers, the Green Bay Packers, the New Orleans Saints (where he got to one game away from the Super Bowl), the Atlanta Falcons and and the Kansas City Chiefs. He did an on line MBA with Arizona State University’s W. P. Carey School of Business and now works for a venture capital firm.

“When I started my MBA I had already been to a place that most men in the US have only dreamt about,” he says. “As they grow up, most boys want to be in the NFL, to play on Sundays in front of 90,000 fans and to be on TV. I had done all of that. It didn’t make me better than other people on the MBA, but it meant I had something that put me on the same playing field as the highest of achievers. I had taken a totally different route to someone

who had came out of undergraduate school and got into an entry-level job. My background gave me a lot of confidence. When I met a successful CEO, I never thought I couldn’t speak to him. I just thought, here is a successful CEO and I would really like to get to know him.”

The Swimmer Norbert Agh represented Hungary at the 1988 Olympics and won the 400 metre freestyle at US Nationals in 1989 and 1990, the last non-US citizen to do so before foreign competitors were excluded. After doing a full time MBA with a sports specialization from the W. P. Carey School of Business, he ran a successful swimming coaching business in his home country before moving back to the US. He is now the European Correspondent for Swimming World Magazine and the Director of Research for the College Swimming Coaches Association of America. “I had been an Olympic swimmer for many years,” he says, “and that gave me a certain attitude and a certain confidence. For example, I always believed I was doing things much better than anyone else.”

The Cricketer Hrishikesh Shende represented both the Mumbai and Maharashtra state teams in India’s national cricket league. He also captained Bombay University, the Mumbai second eleven and the Mumbai under-21s. While playing full time, he completed his bachelor degree in commerce and qualified and worked as a lawyer. He did a football industries specialized MBA at the University of Liverpool in the UK, and he now works for Liverpool Football Club in its sponsorships and international business division. 74

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Editorial MBA Careers

“Cricket gave me a lot of self confidence,” he says. “As a batsman you are out there on your own, and the whole idea of being performancedriven was instilled in me at an early age. Learning to deal with nerves was also helpful, and having experience of captaincy meant I learned to strategize and play for the greater good of the team.”

Character Confidence is clearly not something these sports star MBAs lack. However, it is the more character based traits that they emphasize when it comes to talking about the skills they brought in to their MBAs. “As a sportsman, I had some things that didn’t quite go my way,” says Billy Cundiff. “But the lesson I took from these events wasn’t about not screwing up, but about how you respond when you hit adversity. I think there are lots of people who crumble when they get into a highpressure situation, they back down from it and choose a career in which they are not going to get themselves into that kind of situation again. But in sports you get used to just bigging yourself up and trying again.” “Being an athlete at a high level gave me an advantage in that I am very hard working,” says Norbert Agh. “Twenty years of top, international-level swimming made me very tough and competitive. It helped me with the MBA and helped me with my life. I am tougher than the others, I don’t give up. If you can’t do this, if you can’t adapt to set backs, you wouldn’t be a great athlete, because there is no such thing as not having set backs in a sports career, unless of course you are Michael Phelps.” “Knowing that you have done something successfully in the past gives you a great starting point,” says Hrishikesh Shende. “In sport you have so many failures and disappointments that you learn to deal with them and get on with the

next challenge. This attitude really helped me in law and the MBA.”

Transferable skills

Hrishikesh Shende

How do you convince employers that you have what it takes to succeed outside the sports arena? Billy Cundiff was the only one of the three to move completely away from the sporting world. “When I tried out for jobs people said, ‘It’s great you played in the NFL but what kind of skills do you have apart from kicking a football?’” he says. “But there are lots of things you learn being an athlete that can be hard to put on paper but which your boss will know when he sees them. I tried to play this up in the interview process. For example, I would tell people that I am good under pressure, that I can handle stress and that you will find that out when you put me in a tough situation. Having been in the NFL,

I can speak to the owner of the team, to media people and to guys in the team who have made a lot of money. When I interviewed for my current venture capital role, I tried to sell my boss on the fact that I had skills dealing with very high net-worth individuals. I told him I wouldn’t back down from them and they wouldn’t intimidate me. “There is no magic sauce to doing business. It all depends on how well connected you are, how you develop relationships and on how hard you work. After I got on to the program and started speaking to people who are successful in business, I realized that, while doing an MBA is great, if I didn’t apply the things I had learned about myself and about human nature on the football field, then I might as well not have done one. There is so much more to being successful in business than the nuts and bolts you learn on the MBA.” TopMBA Career Guide www.topmba.com 75

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Editorial GMAT

Thinking of going to business school?

Then the GMAT exam is your first step

By Lamia Walker Marketing Director, EMEA Graduate Management Admission Council®

The GMAT (Graduate Management Admission Test) is a critical part of the admissions process for a quality graduate degree such as the MBA or pre-experience Masters in Management throughout the world. It is used by about 4,600 programs at more than 1,900 schools

Why take the GMAT? GMAT is unique amongst admissions tests in that it is the most widely used exam that was designed by business school professionals specifically to evaluate the skills needed for graduate business school programs. Professor Saul Estrin, Head of London School of Economics’ Department of Management, recently stated that “The GMAT exam is an important tool in enabling us to identify and select world class candidates for our top-rated management MSc programs”1. The GMAT is the only graduate business education admission test designed by business schools for business schools. It is used by leading business schools around the world, including all the schools ranked in the F i n a n ci a l Times 2.

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David Simpson, Associate Director, Client Services, Degree Programs at London Business School believes that “the GMAT score is one of a range of criteria we use in the selection process; it is the best admissions test to help us evaluate MBA candidates’ skills and aptitudes for the rigorous degree program that awaits them.” In fact, research has shown consistently that GMAT is the most valid and reliable predictor of academic success in business school especially when combined with the undergraduate

performance, regardless of program type or the race, gender or national origin of the test taker.

How is the GMAT structured? Understanding the GMAT test format and how it is structured will help you prepare; it is structured in three sections: the quantitative, the verbal and an analytical writing assessment which is presented separately. The writing section is

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Editorial GMAT

composed of two essays, one that asks the test taker to analyse an issue and the other to analyse an argument. The quantitative section requires higher order math skills and includes data sufficiency and problem solving questions. The verbal section features questions involving reading comprehension and critical reasoning. The computer-adaptive format of the GMAT exam is probably unlike any exam you may have taken. Each test taker sees a unique set of questions, and those questions are based on the response to the previous question. For example, if you answer a question correctly, the next question will most likely be a more difficult question. Conversely, if you answer a question incorrectly, you will most likely see a question of lesser difficulty. Once you answer a question, you can’t go back and change your answer. A final and total score is given that will range from 200 – 800.

Preparation for the test and planning ahead Preparation can be helpful before taking the exam, so plan to allow plenty of time to prepare. The amount of time needed varies among individuals and many students start 12 weeks in advance devoting several hours each week to exam preparation. Students also find that reviewing and preparing one section of the test at a time works best.

What resources are available to help you prepare? Register now to use the free resources on mba. com 3. They will help you to prepare. Being familiar with the format and the kinds of

questions asked will be key to your successful preparation. GMAT Prep software is available online at no charge to all potential test takers. This software features: • Test tutorials to help you become familiar with computer adaptive tests • Two full-length timed computer adaptive tests that simulate the actual GMAT exam • A set of practice questions for each type of question asked on the exam • Answers and explanations • A comprehensive mathematics review • Real-time scoring of the multiple-choice questions A free CD-ROM version of the software is also offered to those scheduling their first appointment to take the GMAT exam. The software requires Microsoft Windows. For more extensive preparation you may want to buy The Official Guide for GMAT Review 12th Edition’, The Official Guide for GMAT Verbal Review; or the Official Guide for GMAT Quantitative Review. You can also access to an online tool called GMAT Focus Diagnostic Test; it is designed to help you get ready for the quantitative section of the exam, using real retired GMAT questions, testing your strengths and weaknesses to help you study more efficiently and effectively. GMAT Write is also available as a web based essay-writing tool which uses real GMAT writing prompts to help you prepare for the Analytical Writing Assessment section of the GMAT exam. Each practice essay is scored in real time with the same automated essay-scoring engine used by the official GMAT exam. After completing the

essays feedback is immediate showing how you would most likely score on the writing exams and more importantly how you might improve.

How do I register? There are 468 test centres that offer the computer adaptive format GMAT exam in over 110 countries across the world. The GMAT exam is available at least 250 days a year and, in most locations, is offered six days a week. GMAT sets the standard for admissions in graduate business and management programs. It is your route to a quality graduate management education. Founded by a group of nine business schools in 1954, GMAC is a non-profit education organization composed of leading graduate business schools around the world and dedicated to creating access to and advancing graduate management education. GMAC also owns and administers the GMAT exam.

References 1.

LSE joins the Graduate Management Admission

Council – link - http://www2.lse.ac.uk/ERD/ pressAndInformationOffice/newsAndEvents/ archives/2009/07/gmac.aspx#pagehome 2. The Financial Times Business School rankings – link - http://rankings.ft.com/businessschoolrankings/globalmba-rankings 3. Mba.com – link - http://www.mba.com/mba

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Editorial mba

The long and winding road to MBA success By Morgan Witkin, student, ESADE Business School, Barcelona

When an MBA candidate is preparing for the long road ahead, they often look at the logistics and the necessary evils that lie within the paperwork and formalities. As the plan materializes and solidifies, they look at what must be done at the beginning and often the results and advantages they will reap in the end. What they forget, amidst the chaos and commotion, is the ride - everything that happens in between

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have currently just finished the first year of my MBA at ESADE Business School in Barcelona, Spain. The grind that many post-MBAs call the “hard part” is behind us. It is now time for internships and the selection of second year electives. We are half done. We have gained management knowledge based in the fundamentals of business. We have survived a vastly international environment while taking the usual core set of subjects offered by the school, such as finance, marketing, accounting, economics and operations. Some courses hovered over my weeks like black clouds ready to burst and others were like little rays of light sprinkled throughout my days. There is still a long road ahead, yet the longest part is behind us. Looking back, I can say that there are many realities consistent with my initial expectations. At the same time, there is a profusion of information that I wish I had known - a number of pointers that I wish someone in my position now had shared with me then.

Preparation First of all, don’t fool yourself. You’re not only going to work hard, you are going to kill yourself. Your brain is constantly working, spinning with ideas and contemplations and information you didn’t even know existed. There is no stopping and no rest. It’s not 78

bad…just be ready. An MBA is not a vacation from life, it is life and often, especially during exams, it can seem harder than life. Learn how to ask for things. Get ready to make requests, express your needs and desires. Every single person around you is an incredible resource - utilize them, exploit them. They won’t mind. Get involved. Classes are one thing but the occasions to truly dig into the intimate community of the MBA are abundant. Put some time aside to decide what role you choose to play within your university and amongst the faculty and

classmates. Expect to t ake on more responsibilities, whether it’s with a club, functional area or organization. If what you are looking for doesn’t exist, take initiative and do your own thing. Pave your own way - the possibilities are endless. Network. Network within your own university, within both the local MBA and the global MBA community. Network with local businesses and entrepreneurs. Search for projects, enterprises and associations. Some of the most valuable opportunities and contacts can be discovered outside your career service office as well.

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Editorial mba

Learn your competitive advantages One learns within the MBA, amongst multitudes of strategy modules, workshops and courses - to identify your “competitive advantages,” your competencies that make you stand out from the crowd. Don’t get me wrong, every single person around you will be brilliant in their own ways; each student will have their own aptitudes and particular skills. You must differentiate yourself, develop and utilize your talents. Plan to identify the stakeholders and pitch yourself. You are valuable, but that means nothing if no one knows about it. Take risks. Don’t be afraid to propose things, utilize your creative energies, and bounce ideas off the people around you. If anything, this is the place to do it as no one is going to judge or criticize you. This is the way to learn, don’t let fear get in your way. This is exactly what you are paying for. Don’t be fooled, as incredible as an MBA is you will suffer low points along with the highs. You will face failures along with your accomplishments. We are doing an MBA for a reason and you are there for a reason. Your school chose you among numerous applicants because they saw something in you. Your university had faith that you would go out into the world upon graduation and do something worthwhile, with their name emblazoned on your CV. Therefore, don’t get down on yourself when everyone around you gets the right answer and yours is wrong. It happens. And the excellent thing about the MBA is that everyone around you will probably do anything they can to help you until you get it right. You may fail a class. I did. But I didn’t learn any less and having to retake a class means you have double the chance to learn. Always remember, you are there because you deserve to be there. On the other hand, there are the classes and assignments that will come easily to you. Don’t slack off. Don’t disregard anything you have the opportunity to study. Work hard, concentrate, you will doubtlessly still get something out of them. Again, remember, you or your company or parents or Fannie Mae is paying for this. Benefit from it while you can.

Accomplishment Be prepared to face the same difficulties you may face in the workplace - ethnic diversity, conflicting ideas, adverse reactions, lazy teammates, overly demanding teammates, opposing work ethics, moral standpoints and the like. It’s not easy. It’s not fun. But when you get over the humps and learn to successfully work together even with all these differences, it seems that there is nothing you can’t

accomplish. The last thing, and the most important that an MBA candidate must remember is that the experience will be exactly what you make of it, nothing more and nothing less. It is 100 per cent up to each and every student in the program. Yo u c a n s l i d e through or you can trudge beginning to end. You will realize that those who rally and march will come out on the other end having profited the most from the MBA in its entirety. The first year will go faster than you could have imagined. And when you are knee-deep in books, notes and spreadsheets, it feels like it will last forever. But it won’t. It will be over before you know it and the worst thing that can happen is to look back with regrets. Embark on the program open-minded, flexible, tolerant and ready to work, network, ask, try, discover and toil. Don’t let the low points get in your way and don’t let the highs make you complacent. In the end, you have one or two years and it could or could not be the m o s t r e w a r di n g experience of your life. TopMBA Career Guide www.topmba.com 79

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23/7/09 11:10:38


MBA asia

Asian schools

up in the downturn T

As China and India have boomed, a number of key schools in the region have risen to global prominence. With the prevailing wisdom being that the Asian downturn will be softer, and the upturn quicker to arrive than in the West, many Asian business schools are predicting they will do even better when the upturn comes.

“However, in the medium term, the economy is not likely to be hit as hard as Europe or the US. There is a lot of cash in China and savings are higher, so if the mainland government can shift demand from export to domestic consumption and undertake more infrastructure activities, the downturn will not be as severe and the recovery will be faster. Those applying for MBA programs starting in 2009 will graduate in 2011 and the economy should have picked up by then. On top of this an Asian MBA costs less; it makes people from outside the region branch out a little more and helps them become much more truly global in orientation.” With Asian markets bouncing back more quickly, it is here that the multinationals are likely

Chris Tsang is Associate Director (Postgraduate Programs) at Hong Kong University of Science and Technology Business School (HKUST). “Admittedly, we have mixed feelings at the moment,” he says. “In the short term, our graduates have obviously been hit by the downturn. For students graduating this year it will be a tough time, no matter if they are in the US, Europe or Asia.

to be recruiting. “Most recruiters recognize that Asia will be their key growth market when things turn around,” explains Joan Tay, Director of the Career Services Office at the National University of Singapore Business School (NUS). “We have been seeing a rising trend from global multinational corporations towards hiring from top Asian business schools. More and more campus recruiters from US and Europe, which have never hired in Asia for MBA level roles

he current downturn may be a key moment in the ongoing rise of Asian business schools. Up in the rankings, and with the local economic conditions predicted to be less difficult than those in the West, it may be that Asian business schools will profit as the world’s attention turns East. David Williams investigates.

A softer downturn

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before, are coming to Singapore to evaluate and to add us to their list of target schools.”

Thanking the rankings This success has been reflected in the rankings. HKUST and the China Europe International Business School (CEIBS) have both entered the top 20 of the Financial Times ranking of Global MBAs in the last couple of years. Since 2000, The Indian School of Business, Shanghai Jiao Tong’s Antai College of Economics and Management, Nanyang Business School, NUS and the Chinese University of Hong Kong have all made appearances in the rankings. The QS list of Global Top 200 Business Schools tells an identical story, with the number of Asia Pacific

schools included leaping from ten to 23 between 2006 and 2007.

Thinking differently about Asia The combination of international recognition with a softer downturn leaves Asian business schools well placed to profit from the current global economic situation. “This economic turmoil will make people think of Asia in a different perspective,” argues

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Marjorie Chang, Administrative Director, Career Services for MBA Programs at the Chinese University of Hong Kong. “There are a lot of students who may not have thought about Asian business schools before who will this year.” “I wouldn’t say there is a shift in economic power as yet, but there is a shifting of economic attention from the West to Asia and particularly to China and India,” adds Chris Tsang at HKUST, “This translates into a very positive outlook for this year’s applications. We are not dominating yet, but people are no longer only looking at the US or Europe, they are prepared to look at alternatives.” “This reminds me of the saying that it takes 20 years to become an overnight success,” says Professor Chris Adam, Postgraduate Programs Director at the Australian Graduate School of Management (AGSM) within The University of New South Wales. “Schools in our region have been building on success over time, and what we are now seeing is Asian business schools developing in both scale and reach. They are growing the size of their programs and, because of the relative health of the Asian economy, are able to place their graduates in jobs.”

Change already happening It may be a short-term consequence of what has happened to the financial sector over the last few months, but many schools are reporting anecdotally that there has been a significant increase in the number of enquiries from potential students based in the West, and particularly from finance professionals. Professor Steve DeKrey is Chairman of the American Chamber of Commerce in Hong Kong and Senior Associate Dean of HKUST Business School. “Preliminary data on applications tells us we are about 50 per cent up on inquiries and getting interest from finance professionals in London and New York,” he says. “We haven’t had a lot of interest from this direction before but we are getting it this year and it is really dramatic. People like to go to school where they can get jobs and they know Asia is where the future will be.” “We are now getting enquiries from finance industry people in regions of the world that only

Skyscraping office buildings in Beijing, China ever used to send us students with IT or accounting backgrounds,” agrees Jennifer George, Associate Dean of Academic Programs at Melbourne Business School.

“Those applying for MBA programs starting in 2009 will graduate in 2011 and the economy should have picked up by then. On top of this, an Asian MBA costs less, it makes people from outside the region branch out a little more and helps them become more truly global in orientation”

Beating America? Jennifer George is however cautious about taking the idea of Asian dominance too far. “It is true that this could be one of those turning points in the perception of the business eduction sector,” she says. “But it would be a very brave person who would say that the American schools – with their huge endowments, long history and business eduction know-how – aren’t going to ride out this crisis and come out the other side looking good. At the same time however, we do have an opportunity to appeal to people who might not have looked to Asia in the past, and that can only mean that we will see a wider range of people thinking seriously about coming to us.” TopMBA Career Guide www.topmba.com 83

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MBA spain

Why train in Spain? From bull fights to flamenco dancing and from Velazquez to Picasso, Spain has abundant beauty and famous cultural icons. But in recent years Spain has started to develop a reputation for another of its top exports – education. TopMBA Career Guide Managing Editor Ross Geraghty and ESADE MBA student Morgan Witkin take a closer look

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The traditional clichés of fiesta and siesta founded IE Business School in 1973, noted ver the last three decades a number he continues, “have been supplanted by a high Spain’s economic decline compared with other of world-renowned universities have growth economy with a strong focus on European nations. Through innovation, raised their game in Spain. Among innovation and internationalization.” education and strong leadership, Spain’s them are three of the top-rated international Management education in Spain can be proud business leaders vowed to haul the country MBA programs, located in Spain’s capital of driving this development. All three major headlong into the 21st Century. Madrid, and the Catalan city of Barcelona. MBA programs in Spain – which teach in Despite such a difficult recent history, Spain In 2009 alone, the QS TopMBA.com English or in Spanish or in a combination of upholds a distinct economic position in the Recruiters top 200 Business Schools: The both - maintain close relationships with European arena with a strong focus on Employer’s Choice saw ESADE, IE Business innovative Spanish School and IESE corporations. This in firmly cement top five turn leads to the finishes in the “Despite such a difficult recent history, Spain upholds a distinct development of European section of economic position in the European arena with a strong focus on innovative approaches the survey. to educating managers. Surprisingly, given innovation and internationalization, particularly relevant when These two aspects that the nation has only considering the massive potential of the Latin American and together have provided 40 million people and an both the schools and economy dwarfed by European markets that it straddles” the corporations with many of its European models and partners, management frameworks, allowing education has boomed them to expand and internationalize their over the last three decades. Commentators such innovation and internationalization, which is activities with high standards and success rates. as Michael Aldous of IE Business School in particularly relevant when considering the There are other growth areas in industries Madrid, point out that having three top MBA massive potential of the Latin American and such as renewable energies, and Spanish schools in such a country is “an anomaly” where European markets that it straddles. IE’s Aldous companies such as Iberdrola are rapidly countries with far bigger economies, such as points out that, in the same period, major becoming market leaders. “Spain,” says Aldous, Germany, do not. Spanish companies such as Telefónica, Ferrovial “is an exciting, creative business environment, and Santander have become global players a fascinating live case study of innovation, “acquiring substantial positions outside their Innovation adaptation and change.” traditional markets in Spain and Latin America.” The creation of such an environment is no Spanish management education has In the case of companies like Inditex, owners of accident though. In the years after the death of played an interesting role in driving this the Zara brand, he says, “innovation has been at General Franco, a number of prominent development, with Spain being home to three the heart of their success.” business people, such as Diego del Alcázar who 84

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MBA spain

of the highest ranked and most international business schools in Europe, and indeed the world. This process gathered pace as both corporations and schools internationalised, giving the top Spanish schools models and frameworks that have allowed them to internationalise their activities very successfully. The schools are characterized by a highly diverse and international approach to students, faculty and curriculums.

Internationalisation These top universities are known not only for their international students – ESADE 78%, IE 91%, IESE 80% - but also their international faculty. Furthermore, it is important to note

applications to Spain’s top three business schools, is beyond the foundations of the system and beyond what the current MBA programs in Spain are offering. It is necessary to take a look at Spain itself, its geographic position, its language and its cultural distinctions. This has opened up many opportunities for international graduates from masters programs. Spain has often been regarded as the gateway to Latin America, with many multinational corporations operating out of Madrid and Barcelona having substantial holdings in both continents. Now we are seeing a rise in exciting job opportunities not only in Spain and Latin America, but throughout the international arena

Language Students from non-Latin countries look at Spain for its language possibilities as well. Spain’s MBA programs include Spanish immersion courses, and some require a cert ain level of spoken skills upon graduation. This is intended to prepare students to conduct business in Spanish speaking countries. ESADE’s incoming student, Tee Pruitt, who will make the move from America to begin his MBA in Spain this fall says, “Spanish, to me, is much more useful longterm. More consumers are coming on board speaking it, more than any other language excluding Mandarin and perhaps Hindi. As

Aerial view over Barcelona from Mirador de Colom that an international MBA denotes exactly that - an international education. Students of Spanish MBA programs are not restricted to studying the business practices and laws of Spain. The subjects of the curriculum span beyond the border of the country and the European Union to America and the rest of the world. Nevertheless, the schools are located in Spain and every year, nearly thousands of expats flock the country in order to begin their MBAs. The reasoning behind the influx of international students and increase in MBA

Current ESADE student, Emmanuel Lopez, decided to leave Mexico and attain his MBA in Spain in order to add value and understanding to the Latin American culture through the European mindset. He notes, “our past and history are bred from Europe. It represents a balance between the American culture and Asian societies. Studying here allows me to truly undertake the MBA from a global perspective. I specifically chose Spain because it serves as a model for Latin America. Additionally, Spain represents 90% of the Latin American past.”

a native English speaker, Spanish is easier to learn versus the other two quickly growing business languages.” The country’s culture has attracted so many international tourists that Spain is the number four tourist destination in the world. Of course, its beauty and history are only a small portion of the reasons why a student would choose to study in Spain. Then again, who wouldn’t want to share a large pitcher of sangria and a table full of colorful tapas with their classmates after a long day of case studies and lectures? TopMBA Career Guide www.topmba.com 85

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Dean’s diary

Crisis, responsibility

and the MBA

Charles T. Maxey, Dean CLU Graduate School of Business Southern California, USA

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ot everything about the economic downturn is bad. One of its positive side effects is that we have started to question some of the principles by which corporate and individual behaviors have been guided in the past. Government, business, and higher education are finding themselves in discussions about values such as responsibility, sustainability, and even modesty. In these discussions, one of the recurring themes has been the roles that business schools and, in particular MBA programs, may have played in contributing to the questionable practices that have exacerbated the current global economic crisis. Certainly, business schools worldwide should continually examine their roles and, when appropriate, accept their share of responsibility. And yet, we must also continue to recognize that business schools exist primarily to educate current and future managers according to the needs of the corporations and societies in which they function. To survive, flourish, and serve society, companies must be competitive and profitable. However, that profitability must never be to the detriment of the societies in which these businesses exist. It is important to imbue in our corporate leaders the knowledge, skills, abilities, and values that are required to ethically guide successful organizations. It is only when MBA graduates have mastered the numerous fundamentals of business that they are capable and empowered to make the socially responsible decisions upon which a society can flourish. CLU is consistently ranked in the Top Tier of masters-granting universities in the Western United States by the publication, “U.S. News & World Report.” We have earned this ranking by taking very seriously our mission to educate leaders for a global society, who are strong in character and judgment, confident in their identity and vocation, and

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committed to service and justice. At the Graduate School of Business at California Lutheran University (CLU) we have always seen our role as going a step beyond teaching the immediate skills that are demanded from MBA graduates in many ways: • Our faculty members believe in respect for individual, societal, and organizational values. Around the world, we are increasingly reminded that the decisions made by business leaders have important implications for the larger society. • At CLU, we believe the differential advantage of our MBA program includes the acquisition of useful, applied knowledge. CLU faculty and MBA students thoroughly examine the contemporary competitive environment as well as look toward the future. It is clear that business history repeats itself in ways painful to those who have not learned its lessons. With all of this in mind, CLU is committed to delivering a leading edge business education that is both rigorous and meaningful: • We offer an education with a focus. Our increasingly specialized world demands increasingly specialized managers. An emerging trend in graduate business education worldwide is the movement towards specialization. At CLU one can earn a general MBA, but one can also earn an MBA in one of several specialized fields including: Finance, Marketing, International Business, Management/Organization Behavior, Information Technology, Entrepreneurship, and Financial Planning. Employers assure us that these specializations position our graduates to be among the most highly desired in the career marketplace.

• Velocity is a function of speed and direction. Just as businesses must increase their speed and constantly reassess their trajectory to remain competitive, graduate business schools must do the same. CLU’s accelerated MBA program can be completed in as few as 12 intense months of study, and flexibility exists to extend this period. Over 90 % of full-time MBA students at CLU complete their degree in 12 months. • That all business is global has long ceased to be a secret. Members of the MBA faculty at CLU possess multi-year professional experience gained in a multitude of countries, thereby providing an intense international outlook in their courses. Moreover, CLU’s MBA program also attracts a diverse student body, fostering an educational experience that an array of cultural differences can provide. In response to myriad global competitive challenges, MBA programs have evolved in many different ways. The current global economic crisis provides an exceptional opportunity to think of the next step in the evolution of business schools worldwide. The educational programs that will be the most effective at developing tomorrow’s successful executives are those which provide a solid grounding in the fundamentals of business and, at the same time, teach students to deal meaningfully with new complexities. If you are searching for an MBA that thoroughly integrates sound values, is efficient, innovative, encourages focus, is respected by employers, and can be completed in as few as 12 months at a highly-ranked university, then you are encouraged to consider CLU in Southern California for your MBA in the USA.

TopMBA CAREER GUIDE www.topmba.com

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4/8/09 11:59:48


Dean’s diary

Educational deficiencies in leaders:

What business

schools should do By Dean Paul Danos

Paul Danos

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ecause many key parties in the financial crisis had business degrees, we must ask if educational deficiencies played a part in their failures. How did problems in their ethical and analytical education play a role in their irresponsible actions and what should business schools do going forward? First, we need to understand how business schools have been teaching ethics and how “ethics” is currently defined. We need to continue the traditional coverage of ethics with an expanded definition that incorporates a fuller awareness of leadership responsibilities. A second concern is the lack of a critical analysis mindset among leaders. Business students may get a very broad and deep education which is augmented by years of experience, but they may still emerge without all of the flexible intellectual skills and attitudes they need to cope with the complexities they will face in the future. What is really needed to handle this issue is more direct exposure to a school’s research faculty and the faculty’s intellectual approach. Ethical issues are covered too narrowly by most MBA programs such that students are not prepared to fulfill all of the responsibilities that come with leadership positions. In fact, I believe that the financial crisis is more of a result of deficiencies in fully understanding and embracing responsibilities than in conventional ethical failings. Most CEOs and leaders of financial institutions were exposed to conventional ethical coverage in their business education

and at their firms. Although few of them could be fairly accused of blatant ethical misconduct, many did act irresponsibly. They misinterpreted their duties, neglected to keep up with the latest knowledge, misused models, did not stand up to questionable practices, and engaged in other behaviors that were irresponsible. Business schools must teach ethics, but they must also stretch the meaning of ethics to include a full understanding and acceptance of the responsibilities inherent in positions of authority. Schools must continuously reinforce and refresh leaders in their understanding of these responsibilities. CEOs cannot be absolved of the responsibility to make their banks viable if they adopt risk evaluation techniques without adequate questioning and without full understanding. Directors of firms cannot be said to have acted responsibly if much of the analysis backing their firms’ strategies and compensation programs came from technical experts whose claims were accepted without serious challenge. In addition to the ethics coverage deficiency, students may lack a depth of critical understanding of proper working of theories. No amount of training and experience can produce any one person with all of the expertise needed to fully master today’s multifaceted economic situations. It is crucial, therefore, that leaders develop and maintain an intellectual approach that keeps them intellectually flexible, skeptical,

inquisitive and appreciative of the tenuous nature of any theory when applied to real world complex settings; what I call a critical analysis mindset. Business schools continually invest in developing this critical analysis mindset in their research professors and therein lies part of the key to closing this educational gap. Business schools must give research professors the time and resources to not only maintain their expertise but also to dive deeply into their areas of expertise with students, revealing to them their own nuanced beliefs and high standards of evidence. Part of an MBA education should be traveling the faculty’s intellectual path. Graduates need a way of thinking that allows them to better evaluate theories, findings and claims about the real world. I contend that if the business models and practices of financial service firms had been put to the same kind of intellectual tests common in the faculty seminar room, some of the questionable practices so rampant of late would have not occurred. In light of what we now know about the financial crisis, business schools must train students in traditional personal ethics commitments, teach them to find the courage to do the right things, and give them stronger awareness of all aspects of the responsibilities they will take on as leaders. Business schools must also help leaders internalize a critical analysis mindset while in school and then refresh it throughout their careers. TopMBA Career Guide www.topmba.com 91

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The QS Top Universities Guide, in association with the Times Higher Education World Universities Rankings provides an in-depth profile of the world’s top 100 universities, a guide to the top ten study abroad destinations, information on choosing a university and course as well as advice on fees and financing options.

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Dean’s Diary

World Executive MBA offered by GSBA Zurich

a new type of global management By Chancellor Peter Lorange

GSBA Zurich has initiated the first alliance of leading business schools (World Executive Education Alliance, WEEA) by offering management modules in fundamental disciplines of business administration (World Executive MBA) on five continents in Brazil, South Africa, India, Russia, and Switzerland. The WEEA has become the first academic alliance in business education. Being a part of this alliance each member can fulfil the needs of the huge and growing number of dedicated managers worldwide. This “World Executive Education Alliance” is the response of universities to two things: the acute competition in education and research on one hand and the challenges in the global economy on the other hand. Knowledge and experience in the field of management and economics are growing at an explosive rate. This rapid growth of awareness is posing a challenge for business schools. They have to shape their teaching and research to keep pace with the developments in theory and practice and remain competitive. The GSBA in Zurich is meeting this challenge together with five renowned centres of learning. With this formal agreement to collaborate, which falls exactly on the 40-year anniversary of the GSBA, this previously loose cooperative venture is taking on a new dimension. At the core of this WEMBA program is a unique and copyrighted teaching and learning methodology called the Zurich Living Case™: Students apply what they learn in class on a daily basis to solve a real and thus far unsolved corporate problem in the discipline covered by 94

that particular course. Our Program participants are managers mainly from Switzerland and Germany. However global students from our WEEA Partners enrich the classes in a challenging way. They all have at least five years management experience and a University degree. Their daily professions take them around the world and bring them into contact with a multitude of cultures and business practices.

Knowledge and experience in the field of management and economics are growing at an explosive rate. This rapid growth of awareness is posing a challenge for business schools. GSBA students study at the Campus in Horgen/Zurich and at GSBA’s prestigious WEEA partner universities around the world. GSBA ensures high class teaching with first class international faculty and an intercultural exchange among executive students and faculty.

The WEMBA Program leads to a MBA Dual Degree (GSBA/University of Wales) with Graduates receiving Certificates from the WEEA Partners as well. The WEMBA is validated by the University of Wales and is an MBA in accordance with the Bologna Declaration. Together, the partner institutions in the World Executive Education Alliance have a huge teaching potential. “This potential is now concentrated, and it will offer students myriad benefits as yet unimagined”, says Peter Lorange, new chancellor of GSBA Zurich. Peter Lorange, who stepped down as President of IMD Business School just over a year ago, has bought GSBA in July 2009. He is confident he can develop the school further as a centre for high-quality executive education. For more information please contact: Graduate School of Business Administration Zurich Hirsackerstrasse 46 CH-8810 Horgen/Zurich Phone: +41 (0)44 728 99 44 Fax: +41 (0)44 728 99 45 info@gsba.ch www.gsba.ch

TopMBA CAREER GUIDE www.topmba.com

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11/8/09 16:31:01


Dean’s Diary

IESE Business School: Creating a

Better Business World

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oday’s unfolding economic crisis begs the question: why invest in an MBA degree in such a turbulent and uncertain environment? The time and cost of carrying out a program are significant, and some wonder whether MBA programs can successfully prepare business leaders in light of the world’s new complexities. In addition to greater transparency and fairer compensation systems, we need improved business models and innovative thinking. We need more leaders who have strong values and principles, as well as a firm grasp of business fundamentals. In short, we need to create a more responsible business world. Rigorous business schools like IESE are poised to play a key role in creating this new world. This is because we are committed to understanding the roots of today’s problems, and helping develop leaders who are better prepared to tackle similar challenges in the future. One of the most effective ways this can be done is through the case study method. Used extensively at IESE, this approach is ideal for understanding highly complex and challenging business problems. Students learn to go under the surface of the issue, and ask the deep questions, the ones that really matter. They learn to analyze a problem from diverse angles, considering how a decision will impact all the various people who are implicated – customers, employees and shareholders. As we are now seeing, the ability to address tough problems – not just in good times, but also in bad – has become paramount today. Although socially-responsible decision making has been sometimes overlooked in the corporate world recently, IESE has always

School campus

focused upon this area. Since its foundation in 1957, IESE has sought to prepare leaders who understand the importance of upholding the highest professional standards. The IESE MBA program takes a general management perspective, and in line with the school’s mission, emphasizes the ethical dimensions of management.

Global Mindset At IESE, we believe the highly global nature of the school’s MBA program will remain invaluable in the long term. Firms all over the world today continue to require managers who have a clear understanding of the knowledge, capabilities and values necessary to become effective managers in international settings. IESE’s MBA class is extremely diverse, with 80 percent of the student body from abroad. The program imbues students with the interpersonal skills needed to lead multicultural teams effectively, as well as a grasp of the cultural and social factors that affect doing business in different parts of the world. Moreover, IESE’s full-time MBA program features an international exchange program with other leading business schools around the world, including Berkeley, Columbia, Kellogg, MIT and Wharton. This aspect of the program gives students the opportunity to experience another prestigious learning environment, within the framework of their MBA. Also global in scope are IESE’s many research activities, which are the bedrock of all the school’s programs. The school’s various centers and chairs serve as pillars for these initiatives, covering areas such as strategic management, social responsibility, finance, competitiveness in manufacturing and work and family. Implicit within our mission is that

Prof. Palencia

IESE seeks to have an impact on the business community, serving as a bridge between the academic and business worlds. As a result, IESE professors strive to carry out research that is relevant to companies and their leaders, and work closely with them in the process. This new knowledge is then brought into the MBA classroom, enhancing students’ overall learning experience.

IESE’s Alumni Network Even in tough times, networking remains one of the best ways to open professional doors and identify new opportunities. For this reason, one of the key benefits of the IESE experience is the opportunity to be a part of IESE’s alumni community, which includes some 31,000 graduates of 97 different nationalities. Each year, the school holds a Global Alumni Reunion, bringing together hundreds of alumni to hear from prominent business leaders and academics, as well as network with other graduates. The school’s 2009 reunion will be held in New York City, where we have recently established a new campus. When it opened its offices in 2007, IESE became one of the first European business schools to establish a campus in North America. The new campus, located in Manhattan, will serve as a backdrop for educational events and a meeting point for IESE graduates from all over the world. Given these benefits, the long-term value of a rigorous MBA program is clear. Although the business world faces critical challenges today, it follows logic that companies will need better and stronger individuals to lead us out of the current difficulties. At IESE, we are well-positioned to prepare these leaders.

IESE’s Barcelona Campus breathtaking views TopMBA Career Guide www.topmba.com 95

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4/8/09 12:01:07


Dean’s diary

Interesting Times,Your Future By Wilfried R. Vanhonacker, Dean, Moscow School of Management SKOLKOVO

We sure live in interesting times. Probably all of us have uttered this sentence at least once over the last year. It is indicative of how we all feel about what has happened in economies around the world. A financial meltdown, triggered by the problems in the US subprime mortgage sector, led to a domino effect in the financial markets all around the world and pulled many, if not all,

Wilfried R. Vanhonacker

countries into a recession.

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he magnitude of the aftereffects has been st aggering. Prior to last Summer, US$ 10 billion seemed like an awful lot of money to me. But in the context of recent government bailouts, writeoffs, bankrupcies and stimulus packages, my reference point - and that of many others - of what is a lot of money seems to have shifted. We are now talking about a trillion here, a trillion there as if it were pocket change. What a difference a year makes. Perhaps our reference points do need to change, and in more ways than one. If indeed we see the current global economic crisis not as a normal economic downturn, but a sign of more profound structural shifts in economies around the world, we should perhaps adapt our outlook and adjust to new realities. We are all in the same boat, but I believe that we are not going to disembark where we got in. This might sound a little disconcerting to many and certainly will to those who hope that we will soon be back on the curve we were on in the Spring of 2008. But it does not have to be. Structural shifts contain both threats and opportunities. But recognizing and harnassing the latter will require a change in the reference point. Threats become apparent through historical benchmarking and projection. Opportunities, on the other hand, require a more entrepreneurial reflection from the future back to the present. A more entrepreneurial outlook is going to be

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required if you want the future to be yours. Without a doubt, young people contemplating their future careers will have to be entrepreneurial in their choices and strategic in their outlook. Their career paths will be different from those of their parents. And I do not mean to imply that they will be worse off. If anything, the entrepreneurially-minded can be better off than their parents. But it will take vision, flexibility, confidence and determination. Your future is yours to lose.

“These are interesting times. But they are also exciting times. Make them count. Your choices are your future.� I do not envy young professionals in their choices on how to prepare for the future. But I have some words of advice. If you have no real practical experience, get it first. And get some real life experience with it. Challenge yourself outside of your comfort zone. The structural shifts we are experiencing will make for a challenging future with often harsh realities that will redraw our comfort zones. Prepare yourself by developing intuition, stamina and people

skills. These are neither developed in business schools nor corporate echochambers. Get a job, which challenges you physically and emotionally and where you have responsibilities over others. Having to make hard choices, which affect others, will give you an excellent grounding for turbulent environments; it will also equip you with survival skills, neither of which are found in typical MBA applicants and are also not honed in typical MBA programs. With such experience having shaped your character and personality - not just your resume, consider an MBA program which offers you opportunities to develop yourself. MBA education is not exactly cheap, so make it count for you. Consider only programs that give attention to further developing your inherent capabilities, preferably in the context of real-life experiences. Nothing is more valuable than experience-based learning, certainly in volatile and shifting environments. Look for a program with a balanced and broad exposure to knowledge, experience and expertise, and one that takes a more holistic approach towards your development. Leadership in daunting environments requires mental, physical, emotional and intellectual balance and stamina. These are interesting times. But they are also exciting times. Make them count. Your choices are your future.

TopMBA CAREER GUIDE www.topmba.com

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6/8/09 10:30:13


Dean’s diary

The Entrepreneurial MBA By Dean Christopher P. Puto

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graduate business education has gone through many changes since the first business school was founded at the turn of the last century. Improvements in pedagogy and advances in technology, for example, have contributed to the increased rigor of an M.B.A. education. Yet perhaps nothing has had a greater impact on M.B.A. programs – and M.B.A. degree holders – than the changing demands of the business community and the economy. Today’s world of business is far different from even ten years ago, but we can observe recurring themes as we move forward. In the past three decades, the U.S. has witnessed three periods of recession. The oil crisis in the 1970s, high unemployment and rising inflation were all factors in the first, from mid-1981 to late 1982. Our second notable recession, from mid-1990 to early 1991, followed the collapse of the savings and loan industry and a resulting lack of consumer confidence. In the first year of the 21st century, we experienced an eight-month recession after the burst of the dot-com bubble. Each recession was preceded by a rapid expansion of the economy and followed by the emergence of new industries. Today we find ourselves in one of the most significant recessions in recent history. Economists tell us that the recession officially began in December 2007, meaning that it has now lasted longer than any economic downturn since the Great Depression. Like previous recessions, this one was preceded by a rapid expansion of the economy. Unlike past

downturns, however, expansion was not tied to new industries such as cable television or new technologies such as the Internet. Financial experts are still trying to unravel the complex ties that led to the housing bubble and its eventual collapse. If any good can be said to come from faltering state of our financial infrastructure, it is that each of us has seen the impact of emphasizing short-term gain over long-term benefit. We have learned that formidable institutions such as banks or automakers are not immune to the effects of bad business decisions and a failure to follow good business practices. And we will see in the months and years ahead a growing emphasis on entrepreneurial endeavors – some to replace the floundering corporate giants of today, but many others to introduce new ideas, new technologies and new ways of operating. The current or prospective M.B.A. student, or one who has recently graduated, is in an ideal position to leverage these new opportunities and determine her own impact on the economy. Because in addition to a solid education in core business skills, a premier M.B.A. program provides its students with four key assets: confidence, connections, a willingness to collaborate (and the underst anding of the import ance of collaboration) and an ability to make principled, big-picture decisions that benefit not only the company’s bottom line, but the company’s employees, customers and community. At the University of St. Thomas, for example, we place great emphasis on developing our M.B.A. students’ entrepreneurial abilities. M.B.A. students develop leadership skills that provide them with the confidence to work with people in all functional areas and across disciplines. The result of this emphasis is a collaborative leader - one who can produce results regardless of tangible or intangible boundaries. Throughout history,

Christopher P. Puto Dean, University of St. Thomas Opus College of Business entrepreneurial forces in societies have combated economic hardship by fostering networks and alliances that transcend political affiliations and national borders. For example, formerly impoverished nations such as India and China have emerged as significant factors in the global economy because the entrepreneurs among their citizens recognized the importance of developing strategic partnerships that survived even during recession or depression, and their governments, even in these traditionally collective cultures, allowed this to happen. These entrepreneurs were then poised to take advantage of new business opportunities as they emerged during more prosperous times which, by definition, always follow economic downturns. M.B.A. programs in the U.S. must continue to develop and foster these skills in their students. Graduates must understand the importance of establishing critical personal relationships that survive through and beyond momentary economic challenges. They must develop their skills in order that they and their organizations might benefit from future opportunities when and where they emerge. And they must seek to advance the common good by guiding organizations in developing relationships that cross boundaries, that recognize the value of diverse ideas and backgrounds and that, most of all, contribute to the overall well-being of the communities in which we live and work. Good business inevitably triumphs over greedy business in the long run. TopMBA CAREER GUIDE www.topmba.com 97

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Dean’s diary

The Wharton School Professor Mauro Guillen, Director of the Lauder Institute at The Wharton School, speaks to Nunzio Quacquarelli about how the school is taking a lead in response to the financial crisis By Professor Mauro Guillen

How is The Wharton School responding to the economic crisis? Our responsibility is to train future leaders, providing both strong technical skills and an understanding of their ethical responsibilities. Amongst the leaders of many of the banks which have experienced financial difficulties were MBAs from top business schools, who perhaps lost sight of these responsibilities in search of the short-term goal of increasing share price and shareholder value. Bad decisions were made. Risks were ignored. Business schools have a responsibility to help prevent this from happening again. Several of our faculty are looking at executive compensation systems which have been misaligned. Senior bankers had short-term incentives to take leveraged bets on risky assets to increase their own bonuses and their company stock prices. The answer is not to limit CEO pay, but to realign incentives with the long-term performance of the company.

Professor Mauro Guillen

We are also reviewing corporate governance and the role of the board within companies. It is now clear that boards have been largely ineffective because they had restricted access to information and they were also under pressure to support CEO initiatives which boosted short-term shareholder value. There are no simple solutions, but this is a crucial area for change. Regulation will be imposed on many aspects of financial services in the future and we have many experts on our faculty, such as Olivia Mitchell, who is an expert on pension fund reform and regulation, and Bulent Gultekin, who was Governor of the Bank of Turkey and advises central banks. Finally, in October 2008, I initiated a for-credit class focused on the financial crisis. When Lehman Brothers collapsed, we realised that students would need a grasp of the causes and potential solutions to the crisis. Over 260 students have signed up for the class, which is delivered by a team of faculty from diverse disciplines. They will leave the class equipped to understand the issues and implications of the crisis as well as having a better understanding of the social responsibilities of leaders in the modern financial sector.

How is the current recession affecting business schools? The current recession is stimulating more applications in the short term, as people lose their jobs and look to take an MBA. But business schools are not immune, and, if the recession continues, then typically after a year or so this demand spike will plateau and even begin to fall. Employment demand for MBAs has been affected, especially in financial services. However, it is interesting that, unlike previous recessions, demand for MBAs to join the consulting industry is strong. Consulting firms are being called in to conduct restructuring and strategic realignment work, and this is fuelling continued recruitment. And there will always be a strong financial services industry in New York and London, so I believe recruiting in this sector will resume sooner than many expect. For the next year or two, MBA graduates will face a difficult employment market and will have to be very flexible in terms of their employment choices and salary expectations. When economies around the world begin to improve, I am confident the employment outlook for MBAs will quickly improve.

What do you feel employers will be looking for from the MBAs they hire in the future? Many MBA employers are looking for bright, mature, responsible people 98

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with good technical skills in a specific field and excellent interpersonal skills. I don’t think the profile will change in most industries. However, I do think there will be a change in financial services. Banks will look for fewer young rocket scientists, as regulation limits some of the opportunities in derivative products (although as we all know regulation in one area leads to opportunity in another). Banks will look for more people who can restructure financial assets and more people who know how to run and safeguard bank assets. Whereas business schools in the US have been focused on training people in the skills for investment banking, there will be greater demand for people with the skills required for sound commercial banking. US schools will probably have to change their curricula to meet this growing need, and we are currently reviewing this requirement.

is a unique opportunity amongst MBA programs to pursue academic, yet practical, research, working closely with advisors from both Wharton and the School of Arts & Sciences.

Is the US model of the MBA being called into question by the current economic crisis? The MBA qualification has been in existence for almost 100 years, but it is only really in the last 20 years that it has become established outside the US. Companies around the world now look to MBAs to help them compete in the global marketplace and to provide people with the cultural understanding to do business in diverse markets. I have no doubt that postgraduate business education will continue to grow. US business schools are no longer the dominant force in MBA education, with real alternatives available in Europe and more recently in Asia. Candidates are choosing between one and two-year programs and between classroom-based versus experiential learning formats. However, US business schools remain unchallenged in terms of the creation of business knowledge. Very few business schools outside the US are contributing valuable research. The problem for all business schools is the shortage of faculty. In any year, we may be unable to fill half of our vacancies. But Wharton retains the ability to attract the top faculty. I don’t think the current crisis has any bearing on the popularity or demand for US business school education. We like competition, and we are confident we can become better as a result.

Tell us about the Lauder program at Wharton? The Lauder Institute is a combined MBA/MA in International Studies, along with customised language training in core business languages such as Arabic, Chinese, Japanese, French, German, Portuguese, Russian or Spanish. All candidates have to be accepted for the Wharton full-time MBA and then meet additional language and other selection criteria to be eligible. Our students have higher average GMAT scores, higher grade point averages, and they usually outperform during their time at Wharton. Lauder students are at the vanguard of experiential learning, spending two months in summer language & culture immersion, and at least two weeks of their program working on team projects overseas, the latter funded by the school. For example, we have one project team working on increasing agricultural yields in Senegal, and their team has a German speaker negotiating with machinery suppliers in Germany as well as a Portuguese speaker negotiating with seed and fertilizer suppliers in Brazil. They travel the world to deliver their project goals, supervised by Wharton and Penn professors. These projects really energise the students and give them invaluable experience of working in teams and in different cultural surroundings. Students also make a valuable network of senior contacts in every country they visit, which can serve them well in their future careers. At Lauder, we want students who enjoy enriching their intellects and, with this in mind, we require them to do hands-on research. This

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Regional focus north america

Prospects for North American MBA programs in light of the financial crisis Paul Danos is Dean of the Tuck School of Business at Dartmouth, New Hampshire, USA. In this essay, written for the TopMBA Career Guide, he talks about the outlook for North American MBA programs and what business schools and MBA students need to learn from the difficulties caused by the recession The outlook for top North American full-time MBA programs looks stable as we approach global economic recovery in the next two years. From what I know of other schools, and certainly at Tuck, the top programs will have outstanding incoming full time MBA classes for the Fall of ’09. Most schools report steady numbers of applications as compared to 2008. Board scores, undergraduate GPAs, quality of work experience, and diversity of the classes all seem roughly on par with recent years and close to all-time highs. Many colleges and universities do have budgetary problems due to cutbacks by

governments, reduced support for part-time programs by companies, reduced endowment earnings and reduced executive education profits; but the budgetary constraints do not seem to have major affects on the actual learning experiences of full-time MBA students in the top programs.

Management education At Tuck, we will weather the downturn without layoffs or furloughs, and none of our teaching programs are being changed during the crisis. But, as is always the case in a major financial crisis, there are many lessons to be

learned for the betterment of business leadership education. I discuss several of these “learnings” and what I believe they mean for management education: While I believe that the current crisis is not fundamentally one of personal ethical violations defined in the traditional way, there was irresponsibility on the part of certain CEO’s, regulators, politicians, etc. They displayed a lack of the full acceptance of and perhaps even the full knowledge of their responsibilities to all constituents. “Ethics” coverage in business schools must be expanded to embrace the full

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Regional focus north america

responsibility span a leader takes on. Being unprepared, not having sufficient depth of knowledge of certain employed theories, not being brave enough to protest practices that are not fully understood, and in general not t aking a broad enough view of one’s responsibilities, should all be construed as violations of a leader’s business ethics. Business school coverage of the full meaning of ethics therefore must be expanded. Another crucial area of coverage has deteriorated over the last several decades, and that is having MBA students closely and carefully analyze the process by which theories and findings are developed. Helping students develop a “critical analysis mindset” by close exposure to top thinkers should be a goal of all top schools. A business leader, in addition to having a broad knowledge of business issues and the confidence to act decisively, must also have an intellectual approach that is continually curious and questioning. For instance, in the current crisis, accepted theories and findings were given too much unquestioning acceptance—those relating to the value of leverage, free markets being self-correcting, less regulation always being better than more regulation, the adequacy of existing risk analysis techniques, and many more. An MBA program therefore must give students more personal access to faculty expertise and the process by which that expertise is developed. This requires a new kind of coverage where the knowledge creation process is opened up to the students. Students must develop a critical analysis mindset as part of the tool kit they will need in order to grapple with the complexities of the world.

Demographics Will the crisis change the demographics of the students who apply for full-time MBA programs? I don’t believe so, because the benefits to a 25-year to 30-year-old in terms of career prospects is so great and the ability to change one’s career and life are so powerful, that there will be a continuing demand at the highest level for this type of program. I believe that ample loans and scholarships are available and employers will continue to demand mature, experienced and well-educated young leaders. Of course, employment opportunities will reflect the real world of business. In bad times for finance, graduates tend to reduce their emphasis in that area as we have seen this last year. But even in the worst of years for financial services, our placements in that area only dropped from 35% to about 25% of the class. Areas as important as financial services and strategic consulting will often shrink in downturns, but they do not disappear and they

An aerial view of the Niagara Falls between US and Canada surely will grow in the good times ahead. In recent years there has been growing interest in health-care related industries and in not-forprofits. The diversity of employment opportunities has grown considerably in recent years. One source of new employers of top MBA graduates is the growing number of large and sophisticated global firms, many of which are not based in North America. One of the great benefits of the North American two-year MBA programs is the paid summer internship in which students are recruited by businesses to work along with permanent employees for two or three months. MBA students can use this time to test their interest in an industry and quite often interns

do get offers of employment after graduation. At Tuck virtually all of our students get summer internships and about 50% of our students take permanent jobs with their summer intern company. In general, during this crisis and afterwards, I see full-time MBA programs remaining the “flagships” of business education, because of their very positive return on investment and their providing students with such attractive career-changing options. In summary, two reforms that I see as coming out of the crisis are: expanding ethics coverage to include the full span of leadership responsibilities and putting more emphasis on exposing student to faculty expertise in a deeper and more personal way. TopMBA Career Guide www.topmba.com 103

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Latin America

American University Kogod School of Business Programme Type: Full Time MBA Part Time MBA MS in Accounting MS in Finance MS in Real Estate MS in Taxation Joint Degree Programmes Offered: MBA + JD MBA + MA MBA + LLM

Specialisation by Industry: Banking / Financial Services Consulting IT / Telecommunications Real Estate

Application Fee : USD ($) 100

Full Time Course Information Start Dates: August

Part Time Course Information Start Dates : January August

Programme Duration: 22 months Tuition Fee: USD $14,536 per semester

Programme Duration : 33 months

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL 100 IBT Minimum TOEFL Paper-based: 600 Min. Years of Work Experience : 2

Tuition Fee : USD ($) 1111 / Per Credit

Contact: Kogod Graduate Admissions American University Kogod School of Business 4400 Massachusetts Avenue NW Washington, DC 20016-8044 United States of America Tel: 202-885-1913 Fax: 202-885-1078 Email: Kogodgrad@american.edu Web: www.kogod.american.edu/ MBA

Europe

North America

Specialisation by Function: Accountancy Asset Management

Consulting Corporate Finance Entrepreneurship and Innovation Global Emerging Market International Trade and Global Supply Chain Management Leadership Marketing Management Marketing Research Real Estate Taxation

Australia & New Zealand

Asia Pacific

A

merican University’s Kogod School of Business

population that is driven to make a difference in

Kogod’s outstanding faculty members teach an

is accredited by the Association to Advance

the world. The school works closely with the global

integrated curriculum that provides a unique

Collegiate Schools of Business, and has offered

business

interdisciplinary approach that blends theory and

business education in Washington, D.C. for more

candidates for productive careers.

community

to

prepare

outstanding

practice. Kogod employs sixty full-time faculty

than fifty years. Kogod is recognized by some of the

members who hold the highest degree in their field

top publications including the Economist and The

Kogod’s graduate degrees provides the breadth and

Wall Street Journal. Additionally, Kogod’s finance and

depth students need to succeed in a dynamic and

real estate programs and faculty members are highly

global business environment. The core curriculum

The Kogod Center for Career Development is

recognized.

integrates core foundational business management

committed to helping both students and employer

knowledge and skills with global business strategy.

partners meet their unique business goals. MBA

The Kogod School of Business offers graduate degree

Kogod’s market-driven approach is reflected in its

students benefit from career management courses,

programs with an unmatched opportunity to integrate

MBA career tracks, hands-on consulting projects,

personalized coaching and career advisement, job

business education with other renowned American

scholarly research, and career development.

search strategies, career fairs, company site visits,

University disciplines including international services,

and have extensive real-world experience.

and alumni networking.

law, and politics. Kogod offers a full and part-time

MBA career tracks are focused on making students

MBA; MS degrees in Accounting, Taxation, Finance,

successful in today’s competitive marketplace, and the

American University’s 84-acre campus is located in

and Real Estate. Kogod offers dual degree graduate

completion of career track coursework represents an

a beautiful residential area in the heart of northwest

programs including a JD/MBA, MBA/MA, and an LLM/

area of specific expertise. Students may pursue career

Washington, D.C. Kogod students are connected to

MBA. Kogod’s dual degrees and programs, strong co-

tracks in accounting, asset management, consulting,

top employers in consulting, finance, accounting,

curricular programs, endowed scholarships, thought-

corp-orate finance, entrepreneurship and Innovation,

and government. Kogod alumni serve key roles in

leading research and comprehensive career services

global emerging markets, international trade and

organizations like BearingPoint, IBM, Citibank, Johnson

attract high quality students and faculty.

global

and Johnson, and the Office of the Comptroller of the

supply

chain

management,

marketing

management, real estate, or taxation. Students may Established in 1955, Kogod has a highly diverse

Currency.

also create a personalized career track.

104 The MBA Career Guide Fall 2009

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W. P. Carey School of Business, Arizona State University

Specialisation by Function: Finance Information Management Marketing

Min. TOEFL Paper Based Score : 550 Min. IELTS : 6.5 Min. Years of Work Experience : 0

Full Time Course Information Start Dates: August

Application Fee : USD ($) 70

Programme Duration: 22 months Tuition Fee: USD ($) 26000 / Per Year Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 220

Distance Course Information Start Dates : January July Programme Duration : 22 months

Part Time Course Information Start Dates : January August

Tuition Fee : USD ($) 23000 / Per Year

Programme Duration : 22 months

Executive Course Information Start Dates: Rolling

Tuition Fee : USD ($) 46000 / Total Program Cost

Programme Duration : 22 months

Tuition Fee : USD ($) 33500 / Per Year Contact: Rudy Pino, Director of Admissions W. P. Carey School of Business, Arizona State University BA 160 PO Box 874906 Tempe, Arizona 85287-4906 United States of America

Latin America

Joint Degree Programmes Offered: MBA + JD MBA + MHSA MBA + MSc (Accounting/Taxation) MBA + MSc (Engineering) MBA + Architecture

Supply Chain Management Real Estate, Supply Chain Financial Management,

Tel: 480-965-3332 Fax: 480-965-8569 Email: wpcareymba@asu.edu Web: wpcareymba.asu.edu

Prize winner. Students come from 75 countries and include more than 60 National Merit Scholars. Over 1,200 MBA students are enrolled in one of the four delivery options.

Student Profile

Dipesh Patel, MBA 2010

North America

Programme Type: Full Time MBA Part Time MBA Distance Learning MBA Executive MBA

“I was attracted to the class size and team environment. As an undergraduate, my classes were large and projects individual. In the real world, what you accomplish is a function of

and breadth of experience valued, making for a dynamic and engaging learning environment.”

Europe

many people coming together to meet a common goal. Here, the selectivity is high

Dipesh enjoys the W. P. Carey MBA community, Take your career to the next level with a W. P. Carey

on our Tempe campus or at locations throughout

describing it as “close-knit” and “collaborative.”

MBA from Arizona State University. Our nationally

the Phoenix metro area. Programs begin in either

He was elected as a representative for the MBA

ranked program offers you flexible options to meet

Spring or Fall semesters.

Association, an active student-led organization seeking to involve and engage students outside the

environment to put you on the path to career

curriculum

and

classroom. This past year, they hosted a number of

success.

executives with significant experience managing

international events for the students, including a

people, projects and budgets.

cricket match and dinner featuring Indian cuisine.

• Small classes of 50 or fewer students • Hands-on training and applied learning from world-class faculty • Dedicated Career Management Center

for

working

professionals

• Online MBA Program – A flexible, Internet-based, AACSB-accredited

MBA

general

After five successful years at his job, Dipesh decided

Programs begin in

it was time for a change, wanting to enhance his

featuring

management curriculum.

a

January and July of each year.

• Powerful alumni network - more than 60,000 strong

business acumen and move into a supply chain role.

Asia Pacific

• Executive MBA Program – A general management

He chose a dual specialization at the W. P. Carey School Whether you wish to return to school full-time,

of Business: Supply Chain Management and Strategic

continue working and attend in the evening, need

Marketing and Services Leadership, feeling this would

The W. P. Carey MBA is among the best in the nation,

the flexibility and convenience of an online program

best leverage his previous experience in engineering

and employers take notice. More than 92 percent of

or are a senior executive, the W. P. Carey MBA offers a

and sales. This past summer he began this transition as

the class of 2008 was employed within three months

program that will meet your needs. With start dates

he completed a supply chain internship at Chevron.

of graduation. Learn how you can be next through

offered in both Spring and Fall, begin your MBA

one of our unique program offerings.

when the time is right for you and your career.

• Full-time MBA Program – A core business curriculum

Located in Phoenix, Arizona in the desert southwest,

engineering and substantive experience in the

in conjunction with an in-depth specialization in

Arizona State University is one of the largest research

heavy-duty transportation industry.

one or more areas, such as supply chain, finance

institutions in the United States. The W. P. Carey

first as a design engineer, he quickly grew into an

and real estate.

The MBA complements Dipesh’s background, which includes an undergraduate degree in mechanical Working

School of Business is one of the top-ranked and

applications engineer, a role that required sales,

• Evening MBA Program – Geared toward working

largest schools at ASU. The school is internationally

leadership, and project management skill, as he

professionals who want to earn an MBA part-time

regarded for its research productivity and its

developed military-grade material that resulted in

while maintaining their current jobs. Take courses

distinguished faculty members, including a Nobel

sizable governmental contracts.

Australia & New Zealand

your needs and interests, as well as a supportive

The MBA Career Guide Fall 2009 105

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Programme Type: Full Time MBA Part Time MBA Blended Learning MBA

Specialisation by Industry: Banking / Financial Services Consulting IT / Telecommunications Pharmaceutical / Bio-Medical Retail / Consumer Goods Venture Capital & Private Equity Manufacturing

Specialisation by Function: Accountancy & Financial Brand Management E-Commerce / Business Entrepreneurship General Management Information Management Innovation / Knowledge Management Leadership Marketing Operations Management Strategic Management Supply Chain Management

Full Time Course Information Start Dates: May (One-Year MBA) September (Two-Year MBA) Programme Duration: 12 months (One-Year MBA) 21 months (Two-Year MBA)

Tuition Fee: USD ($) 54,058/ Total Tuition & Fee Cost (One-Year MBA) USD ($) 40,600/ First Year Tuition & Fee Cost (Two-Year MBA) Entry Requirements: Min. GMAT Score: 600 Min. TOEFL Computer Based Score: 250 Min. TOEFL Paper Based Score: 600 Min. Years of Work Experience: 2 Application Fee: USD ($) 100

Part Time Course Information Start Dates: January September Programme Duration: 42 months Tuition Fee: USD ($) 1137 / Per Credit Blended Learning Course Information Start Dates: March October

Tuition Fee: USD ($) 56,002 / Tuition & Fee Cost Contact: Dennis Nations, Director, Graduate Admissions Babson College Olin Hall Forest Street Babson Park, MA 02457 United States of America Tel: 781-239-5591 Fax: 781-239-4194 Email: mbaadmission@babson.edu Web: mba.babson.edu

Programme Duration: 26 months

North America

Latin America

Babson College

Student Profile “The faculty is excellent. Most of our professors either graduated from or taught at highly prestigious schools in the U.S. and Europe. They have a wide range of real-world business experience, and some have founded - and sold - very successful companies. The faculty also is very international, which gives each student a well-rounded classroom experience.”

Europe

S a n j a Cakeljic M’07 One-Year MBA Leveraging

our

world

leadership

role

in

to meet the needs of progressive organizations.

entrepreneurial management education, Babson weaves innovation into all that we do. Our students

Two-Year MBA Program data:

learn how to recognize and define the changes

Average full time work experience - 5 Years

critical to growing businesses in a competitive,

Average GMAT - 630

global marketplace. Our graduates launch startups

Percentage of class from outside U.S. - 41 %

or lead global enterprises, driving the inspiration to

Percentage of women – 37% “Even thought I have worked in business for more

Australia & New Zealand

Asia Pacific

develop new products, processes and markets.

One-Year MBA Program data:

than 10 years and have traveled the U.S. extensively,

Entrepreneurship is about a lot more than finding

Average full time work experience - 6 Years

I have never met more wonderful, hard-working

the next ‘big idea’ and securing venture capital.

Average GMAT - 590

people as my classmates. Babson has a very

Instead, it’s a unique way of thinking and acting

Percentage of class from outside U.S. - 44%

welcoming and warm community. I was surprised by

that permeates every aspect of how we approach

Percentage of women – 33%

the wealth of students, professors, and alumni from

management

education,

from

finance

all corners of the globe.”

and

accounting to marketing and strategic planning. It’s

Evening MBA Program data:

about using proven creative techniques to unearth

Average full time work experience – 7 years

new business opportunities. It’s about analyzing the

Percentage of class from outside U.S. – 29%

costs, risks, and benefits of promising ideas. And, it’s

Percentage of women – 32%

Two-Year MBA

about realization - how to marshal resources to grow

Fast Track MBA Program (Babson Park, MA and Portland, OR):

ideas from infancy to maturity. Organizations

must

engage

William J. Dorcena M’07

in

breakthrough

Average full time work experience – 13 years

innovation, a process requiring the courage and

Percentage of class from outside U.S. – 16%

an intense engagement for driving change. Our

Percentage of women – 21%

graduates bring an entrepreneurial mindset to the workplace and achieve results. That’s why innovation has long been the heart of the Babson tradition. Babson features four unique degree programs that prepare students to become superior managers and 106 The MBA Career Guide Fall 2009

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Min. Years of Work Experience: 0 Application Fee: USD ($) 100

Full Time Course Information Start Dates: September Programme Duration: 22 months

Part Time Course Information Start Dates: January September

Tuition Fee: USD ($) 1220 / Per Credit

Programme Duration: 42 months

Entry Requirements: Min. TOEFL IBT Score: 250 Min. TOEFL Paper Based Score: 600

Tuition Fee: USD ($) 1220 / Per Credit

Contact: Shelley Burt, Director, Graduate Enrollment The Carroll School of Management Boston College 315 Fulton Hall 140 Commonwealth Avenue Chestnut Hill, MA 02467 United States of America Tel: (617) 552 3920 Fax: (617) 552 8078 Email: bcmba@bc.edu Web: www.bc.edu/csom

WHY WOULD AN EXPERIENCED manufacturing companies. The region’s strong INTERNATIONAL MANAGER CHOOSE THE and diverse business community translates into CARROLL SCHOOL? exceptional learning and career opportunities for

Melissa Smith, MBA 2007

The Carroll School offers real-world learning

Development Program

Finance Leadership

Carroll School of Management students.

experiences under the guidance of world-class faculty. An international perspective permeates course work, and is evidenced by a student body that

Johnson and Johnson/DuPuy Spine

Student Profile

Boston, MA

represents countries from every corner of the globe.

Carlos Mejia, MBA 2000

Students gain a greater understanding of cultural

CFO, Alpina Corporativo

diversity and its impact on international economic

Bogota, Colombia

Working

in

North America

Specialisation by Function: Accountancy & Financial Brand Management

Specialisation by Industry: Banking / Financial Services Consulting IT / Telecommunications Non - Profit Organisation Pharmaceutical / Bio-Medical Public Sector

Retail / Consumer Goods Venture Capital & Private Equity

information

systems auditing, I quickly hit the top of the learning

activity by sharing views both inside and outside the

curve and discovered that I wanted to be one of the

classroom. Learning to view complex issues through

I

arrived

at

BC

geographically diverse lenses is an important step in

a

preparing for the responsibilities of management in

background, but I altered my

corporate

with

banking

decision-makers leading businesses, rather than auditing the results.

career focus after a series of

Many of my colleagues recommended the BC MBA

great experiences. Our MBA Consulting Project team

Program because of its educational reputation and

The Carroll School offers a distinctive portfolio of

worked successfully with a venture capital firm. Next,

incredible alumni network. And, having grown

graduate-level programs:

a Boston College corporate partnership facilitated

up in New York City, I knew wanted to continue

my internship in the planning division of a major

my graduate work at a world-class university in an

A two-year Full-Time MBA program which features

investment firm. Then I served as a second-year

accessible city like Boston. However, I’ve found that

both a business plan project and a consulting project,

consultant. In our seminar with Professor O’Reilly, we

the school has offered me so much more.

further practical experience through a summer

analyzed and shared solutions for issues encountered

internship, live money investment opportunities and

in Consulting Project client engagements and

The learning has been extraordinary. I now have

international management experiences.

through that process learned to approach a wide

analytical frameworks and skills to analyze businesses

range of strategic challenges.

and industries as well as the confidence to adapt

a global economy.

A self-paced Evening MBA program led by the same

Europe

Joint Degree Programmes Offered: MBA + JD MBA + MSc (Accounting/Taxation) MBA+MSF (Finance) MBA + MSA (Accounting) total 17 other dual-degree programs

Change Management Entrepreneurship General Management International Management / Business Marketing Strategic Management Wealth Management

and succeed in a variety of situations. I’ve also

world-class faculty and meeting the same credit

With assistance from the GMCS team, I was able to

formed incredible relationships at BC. A key factor

requirements of the Full-Time MBA Program.

package my accumulated experience and present

in my success has been the open and welcoming

myself in the best possible way to employers.

environment. From classmates and professors, to the

A rigorous, ten-course Master of Science in Finance

Career Strategies gave me expert guidance and

administration and alumni, doors are always open

(MSF) program, which was originated by Boston

valuable coaching to prepare for the tough final

here. The small class size is a huge advantage since

College faculty to meet the needs of finance

interviews with consulting firms. Boston College

students from different backgrounds openly share

professionals.

undoubtedly made it possible for me to break into

their ideas; it makes the learning that much richer.

Asia Pacific

Programme Type: Full Time MBA Part Time MBA

Latin America

The Carroll School of Management Boston College

A Master of Science in Accounting (MSA) program

— McKinsey & Company. McKinsey advises some of

In my quest to find a job, I made a dedicated effort to

with an innovative curriculum, giving graduates the

the largest companies in Latin America, and I helped

work with the Career Strategies team on my career

skills to succeed in the accounting profession and

management teams address challenges in highly

goals. Networking with alumni, attending industry

related fields.

competitive markets when I worked there.

events, and refining my interview skills were just a

Boston is the world’s third largest asset management

Most recently, I have taken a senior position at Alpina

plan that we developed. And, it’s paid off. The BC

market and is a vibrant city with a proud history. Top

Corporativo, a large consumer goods company

MBA has prepared me well for my next step: the

firms in the financial services industry have their

focusing on dairy derivatives and healthy drinks

Leadership Development Program at Johnson and

headquarters or major division offices in Boston, as

in Latin America. Yet again, the BC MBA Program

Johnson.

do global organizations in consulting, advertising

prepared me well for each new challenge at every

and telecommunications. Software market leaders

stage in my career.

few components of a comprehensive career search

and groundbreaking biotech firms were founded

Australia & New Zealand

strategic consulting at one of the world’s top firms

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Latin America

Boston University School of Management Programme Type: Full Time MBA Part Time MBA Executive MBA One-year International MBA Joint Degree Programmes Offered: MBA + JD MBA + MD MBA + MPH MBA + MA MBA + MSc (Engineering) 10 Dual Degrees

North America

Specialisation by Function: Accountancy & Financial

Brand Management Change Management E-Commerce / Business Entrepreneurship Finance General Management Health Care Management International Management / Business IT Management Leadership Manufacturing Management Marketing Operations Management Public Administration Strategic Management Technology Management

Full Time Course Information Start Dates: August / May

Application Fee: USD ($) 125

Tuition Fee: USD ($) 79500 / Total Program Cost

Programme Duration: 21 months / 14 months

Part Time Course Information Start Dates: January / August

Tuition Fee: USD ($) 37910 / Per Year

Tuition Fee: USD ($) 1184 / Per Credit

Entry Requirements: GMAT 80% Range: 610-740 Min. TOEFL: 250 (CBT), 100 (IBT), 600 (PBT) Min. IELTS : 7

Executive Course Information Start Dates: January

Contact: Graduate Admission Office Boston University School of Management 595 Commonwealth Avenue Boston, MA 02215 United States of America

Programme Duration: 17 months

Tel: 617-353-2670 Fax: 617-353-7368 Email: mba@bu.edu Web: management.bu.edu

With our traditional MBA or MS•MBA degree, you can

Global Reach

take advantage of any of these areas of specialty:

Though based in Boston (a leading center for finance,

• Entrepreneurship

telecommunications, biotechnology, and venture

• Finance

capital), the School has a global reach. Besides our

• Information Systems

International MBA, students participate in our Field

• International Management

Seminars in Asia, India, Brazil or Europe. In fact,

• Health Sector Management

our large international student population makes

• Marketing

classroom exchanges a true multicultural experience

• Public and Nonprofit Management

and creates an unmatched alumni network.

• Strategy and Business Analysis

Asia Pacific

Europe

When you pursue our traditional MBA, you may gain extra functional exposure with a dual degree at

Muntashir Hossain

Set yourself apart

one of the 13 other graduate schools within Boston

MS•MBA 2008

— choose a Boston University MBA.

University. You may even join our International

Business

You’ll rise through the ranks quicker, and see the

MBA or our One-year International MBA and study

Manager, Adobe Systems,

whole picture better than others, because you’ll

international business up close in Shanghai and

Inc.

study our unique curriculum that fuses the art,

Beijing before arriving in Boston for the start of fall

San Francisco Bay area,

science, and technology of business.

semester.

California

This holistic and pragmatic management perspective

As an MS•MBA student, you’ll earn an MS in

Muntashir,

specifically trains you for the rigors of leadership

Information Systems, which will give you even greater

to friends, was born in

because you’ll understand management as an

ability to leverage technology from a managerial and

Poland to Bangladeshi

integrated system: how manufacturing decisions

strategic perspective. This degree is not about being

parents, raised in Egypt, and finished high school in

will affect your marketing campaign and how

a techie, but becoming a leader in the network era,

India before coming to the United States. He earned

that, in turn, will influence your overall financial

where information technology is inextricably linked

degrees in optical engineering and physics at the

performance.

to every organizational dynamic.

University of Rochester and concentrated in Strategy

Through our programs:

Faculty and Research

• Discover the art of managing, teaming, persuading,

Our faculty members routinely bring their own

Having served as District Sales Manager at National

research and consulting experience into their

Instruments, Monty joined the School to better

classrooms, where students become part of the

understand the connection between technology and

collaborative process.

business decision-making and landed his summer

Development

or

“Monty”

and Business Analysis at the School of Management.

and negotiating • Ground your decisions in the science of rigorous statistical and quantitative analysis • And learn ways to leverage technology to boost your organization’s productivity and profitability

Australia & New Zealand

Student Profile

internship at Adobe Systems. Faculty regularly partner with leading businesses and government agencies, often receiving the most

Monty: “I met with Adobe’s hiring manager during

Set yourself apart with our distinctive Career

competitive and prestigious grants in doing so, such

a trip set up by the School’s West Coast Networking

Portfolio program, which is fully integrated into the

as those from the Alfred P. Sloan Foundation.

Club. I later used the resources at the Feld Career

MBA curriculum. This career development tool helps

Center to stay in touch, conduct my interviews,

you create a long-range career roadmap and gives

Of course, the School houses a variety of research

and, finally, negotiate my salary. Now, I have the

you the skills to propel your job search.

centers, such as the Institute for Technology

opportunity to work with Adobe to examine

Entrepreneurship and Commercialization, so you

their partnership strategies and hand them real

MBA Programs

can pursue your own research and new venture

deliverables.”

When you join one of our MBA programs, you gain

ambitions. You can even access the more than 70

both deep functional exposure and a host of flexible

research centers within BU, the nation’s fourth largest

options.

research university.

108 The MBA Career Guide Fall 2009

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Programme Type: Full Time MBA Part Time MSF

Pharmaceutical / Bio-Medical Public Sector Venture Capital & Private Equity

Specialisation by Function: Economics Finance International Business Social Responsibilty

Full Time Course Information Start Dates: September

Entry Requirements: Min. GMAT Score: 500 Min. TOEFL Computer Based Score: 250 Min. TOEFL Paper Based Score: 600 Min. IELTS: 7 Min. Years of Work Experience: 2

Programme Duration: 18 months

Application Fee: USD ($) 55

Tuition Fee: USD ($) 37530 / Per Year

Part Time Course Information Start Dates: January, May, August

Specialisation by Industry: Banking / Financial Services Consulting Government Oil & Gas

North America

Latin America

Brandeis International Business School Programme Duration: 18 months

Contact: Holly Chase, Assistant Dean for Admissions and Financial Aid Brandeis International Business School Lemberg Academic Center 415 South Street, MS 032 Waltham, MA 02454-9110 United States of America

Tuition Fee: USD ($) 3500 / Per Course

Tel: +1 781 736-2252 Fax: +1 781-736-2263 Email: admission@lemberg. brandeis.edu Web: www.brandeis.edu/global

World-class Faculty

IBS had a number of unbeatable advantages: strong

Our faculty includes not only distinguished

competence in international finance, small class size,

researchers in international business,

location in one of the most important academic and

economics, and finance, but also leading

financial centers of the US, and most importantly,

practitioners in banking, investments and

an extraordinarily high percentage of international

consulting. Classes are interactive, informal

students.

and typically small, with professors readily accessible.

Learn more at http://www.

brandeis.edu/global/about_faculty.php.

I enrolled in IBS in 1999 and have never looked back at my decision. IBS has given me everything

Europe

that I wanted. It helped me realize that investment

Corporate Connections

banking was the field that I wanted to focus on

Many senior executives (and younger

within international finance, it gave me the tools that

alumni in business) visit the School each

I use every day in my job as an Investment Banking

semester through our CEO Forum, our

Associate in Schroder Salomon Smith Barney (now

research institutes, and informal meetings

part of Citigroup) and most importantly, with its

The Brandeis International Business School (IBS) is a

with classes. Our courses work with businesses

unique international profile, IBS prepared me for a

pioneering school dedicated to preparing students

on current problems, and a Board of Overseers

life within a global institution with global clients.

for the careers of the global economy in international

consisting of business leaders guides our overall

business, economics, and finance. We teach state-of-

strategy. Learn more at

Upon graduation, I joined SSSB’s Energy group in

the-art theory, immerse students in international

http://www.brandeis.edu/global/about_corporate.

London. Among the 24 professionals in my group,

experiences, and connect them to best practice in

php.

there are 13 nationalities. The clients that we cover

business and policy. IBS is a unique school for the

Asia Pacific

from London include large global oil and gas

Boston: an academic capital

companies from Western Europe as well as oil and

Eight major research universities and 250,000

gas companies from Eastern Europe, Russia, Africa,

The Brandeis Advantage

students are located in the greater Boston area.

Middle East and Asia. The diversity is tremendous,

Brandeis - our parent university - ranks among

You can cross-register among schools and enjoy an

which

America’s top research universities. Located on a

extraordinary wealth of activities, clubs, restaurants

communications and getting the right message

wooded campus in suburban Boston, Brandeis has

and sports targeted to students. Boston is also

across to the clients can be tricky. My experiences at

3200 undergraduate and 1100 graduates students,

an important center of finance, technology and

IBS help me deal with this challenge with ease.

offering programs in more than 40 fields. Learn more

consulting. Learn more at

at

http://www.brandeis.edu/global/about_boston.

I have never looked back at my choice to enroll

http://www.brandeis.edu/global/about_advantage.

php.

at Brandeis. This decision has given my career a

following reasons:

php.

Australia & New Zealand

International to the Core

is

fascinating.

However,

managing

tremendous boost and has changed my life. I am

Student Profile

confident that anybody who is looking for the same experiences that I was, will find it at IBS.

We are truly focused on the global economy. From a

Completing an MBA in the United States was one of

unique introductory course on the global economic

my long-standing ambitions. After having worked

Sincerely,

environment to a wide range of advanced electives,

in Economic Development for almost five years, I

Dato Sandroshvili

the IBS experience is thoroughly international.

started researching alternative career opportunities.

MBA, Class of 2001

More than half of our students come from Europe,

I wanted to do something different -- something

Citigroup

Asia, Africa, and Latin America, and international

radical -- that would not only change my career, but

London, UK

experiences are built into our programs in partnership

would also change my life. Leaving Georgia, (that’s the

with major foreign schools and companies. Learn

former Soviet Union, not Atlanta!), moving overseas

more at

and starting a career in international finance was an

h t t p : / / w w w. b r a n d e i s . e d u / g l o b a l / a b o u t _

obvious choice. It was also obvious that I would not

connections.php.

be able to make a move without an MBA. After doing my research on IBS, the choice became very clear.

110 The MBA Career Guide Fall 2009

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Programme Type: Full Time MBA Part Time MBA Specialisation by Function: Accountancy Finance General Management Human Resource Management Marketing

Application Fee : USD ($) 100

Tuition Fee: USD ($) 849 / Per Course

Part Time Course Information Start Dates : January May September

Entry Requirements: Min. GMAT Score : 550 Min. TOEFL Computer Based Score : 260 Min. TOEFL Paper Based Score : 620 Min. IELTS : 7.5 Min. Years of Work Experience : 0

Contact: Andrea Navin, Graduate Recruitment Officer, Faculty of Business Brock University Faculty of Business Taro Hall 500 Glenridge Avenue St. Catharines, Ontario L2S 3A1 Canada

Programme Duration : 55 months

Tel: 001-905-688-5550 x 5362 Fax: 001-905-688-4286 Email: www.bus.brocku.ca/gradstudents Web: www.bus.brocku.ca/mba

Tuition Fee : USD ($) 849 / Per Course

Brock University’s dynamic MBA programs give both

months, while part-time students can follow a four-

Canadian and international students the opportunity

year plan of study. A student who has completed

to explore business disciplines through either

a recent undergraduate degree in business may

The admission committee is looking

general or specialized courses of study. Its graduate

be eligible for course exemption (advanced

for applicants with strong academic

programs also offer an internship/co-op option that

standing) from all or part of the first year of the

backgrounds, relevant professional

enables students to apply their academic knowledge

MBA. Students in the traditional MBA can choose

experience, demonstrated leadership

in a practical setting.

to specialize in the second year of the program.

skills, and enthusiasm and passion

Student Profile

Specializations are available in accounting, finance,

for being part of the Brock MBA

As an AACSB-accredited school, Brock’s Faculty

marketing and human resource management. The

of Business is committed to the highest possible

courses in the accounting, finance and human

quality of education. Exceptional faculty and small

resource management streams are tailored to

Brock University MBA and MBA ISP students are

class sizes make its MBA programs an ideal place to

the requirements of the CMA, CFA and CHRP

motivated individuals with a strong desire to learn

develop the skills and knowledge needed to succeed

designations, respectively.

in an interactive environment.

They are eager

to participate in class discussion and take every The MBA (International Student Program) (MBA ISP)

opportunity to learn from the knowledge and

Brock University offers two distinct MBA programs –

meets the unique needs of international students

experiences of both their instructors and their

a traditional (domestic) MBA program, and an MBA

for whom English is a subsequent language. The

classmates.

program for international students only. Graduates

MBA ISP begins in August of each year with one

appreciate the small class sizes that enable plenty of

of both programs receive the same degree – Master

month of mandatory business English studies which

interaction and group cohesiveness.

of Business Administration.

The data reported

include daily classes in reading, writing, listening and

in other sections of this profile reflects only the

speaking. While our MBA ISP students attend separate

Brock MBA students come from a wide variety

traditional program. Further information the MBA

classes from our domestic students, the instructors,

of backgrounds including engineering, science,

(International Student Program) is provided below.

course requirements and performance expectations

psychology, business, economics, political science,

are the same for both programs.

sports management, nursing and others.

Marketing,

Asia Pacific

community as MBA candidates and as alumni.

Students in Brock’s MBA programs

The

Brock’s traditional (domestic) MBA program is offered

accounting and finance specializations are available

equivalent of a Canadian university four-year

in both full-time and part-time formats. Prospective

in the second year of the MBA ISP. Students in this

undergraduate degree in any discipline with a

full-time students can apply for admission in

program are not eligible for advanced standing. The

minimum B (75%) average is the standard entry

September or January, part-time applicants may

admission requirements for the MBA ISP differ from

requirement for Brock’s programs.

choose to apply for September, January or May. Day

the traditional program in two ways. First, the MBA

experience is not a requirement for entry to either

and evening classes are available. The complete full-

ISP does not require the GMAT exam. Second, the

their traditional MBA or MBA ISP, it is considered a

time program is usually completed within twenty

minimum TOEFL for the MBA ISP is 80 IBT (213 CBT).

strong benefit to any application.

While work

Australia & New Zealand

in the global business world.

Europe

North America

Full Time Course Information Start Dates: January September

Programme Duration: 20 months

Latin America

Brock University

The MBA Career Guide Fall 2009 111

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Latin America

Claremont Graduate University - Peter F. Drucker and Masatoshi Ito Graduate School of Management Programme Type: Full Time MBA Part Time MBA Executive MBA Joint Degree Programmes Offered: MBA + JD MBA + MA MS Financial Engineering, MA Management, MS Advanced Management Specialisation by Function: Entrepreneurship Finance General Management Human Resource Management

Leadership Marketing Organisational Behavior Full Time Course Information Start Dates: January May July September Programme Duration: 20 months

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 230 Min. TOEFL Paper Based Score : N/A Min. IELTS : 6 Min. Years of Work Experience : 0

Tuition Fee : USD ($) 1750 / Per Credit

Tuition Fee : USD ($) 1524 / Per Credit

Contact: Danielle Coffin, MBA Recruiter Claremont Graduate University Peter F. Drucker and Masatoshi Ito Graduate School of Management 1021 N. Dartmouth Ave Claremont, CA 91711 United States of America

Executive Course Information Start Dates: January March May July September October

Application Fee : USD ($) 60 Part Time Course Information Start Dates : January May July September

Tuition Fee: USD ($) 1524 / Per Credit

Programme Duration : 30 months

Tel: 909-607-7811 Fax: 909-607-9104 Email: danielle.coffin@cgu.edu Web: drucker.cgu.edu

Programme Duration : 30 months

North America

Student Profile At the Peter F. Drucker and Masatoshi Ito Graduate School of Management, our MBA candidates are motivated professionals committed to learning and growing for future advancement. Our students can adapt to rapidly changing environments and exhibit strong leadership characteristics. A Drucker School MBA graduate is a well rounded individual possessing highly developed

analytical and communication

skills. Our candidates usually possess 3-5 years of solid work experience and have completed the equivalent of a US Bachelor’s degree with at least a 3.2 grade point average.

Europe

The ideal Drucker School candidate has made a positive impact in the communities and organizations they have served and demonstrates the motivation to do the same at the Peter F. Drucker and Masatoshi

Asia Pacific

Ito Graduate School of Management. The Peter F. Drucker and Masatoshi Ito Graduate

both as individuals and as professional executives

(2007)

School of Management at Claremont Graduate

fully competent in the complex, globally connected

Average GMAT: 635

University, located in Southern California, is a unique

economy, and recognize our focus on leadership,

Average Undergraduate GPA: 3.2

management school dedicated to training people

strategy, and our philosophy of management as a

Average Work Experience: 4.3 years

to become effective and ethical leaders, strategists,

liberal art.

Average Age: 27.7 TOEFL: 253/89

and visionaries in whatever organization they serve. Our focus stems from the belief that management

Our flexible MBA curriculum allows both full-time

Average Class Size: 25

is a liberal art -- a human enterprise encompassing

and part-time students to select areas of interest

Total Enrollment (1st and 2nd year): 220

perspectives from across various disciplines. This

in Strategic Management, Finance / Financial

positions the Drucker School as a “Different School

Engineering, Leadership, Entrepreneurship, Global

Women: 44%

of Thought” and not just another business school.

Management, and Marketing. Students are also able

Men: 56%

Australia & New Zealand

to take courses outside of the management program Named after the most prominent management

in the areas of Biosciences and Bio Engineering,

Domestic: 60%

thinker of the 20th century, Peter F. Drucker,

Psychology,

Politics

International: 40%

the Drucker MBA program offers a high quality

Information

Sciences,

interactive educational experience: small classes

Resources, and other disciplines through the various

averaging 25 students per class and instruction from

schools in the Claremont Graduate University (http://

world renowned professors. Approximately 70% of

www.cgu.edu) and the highly-esteemed Claremont

our classroom instruction is either in case study or

Consortium of Colleges (http://www.cuc.claremont.

discussion format and we incorporate team building

edu).

and

Policy,

Public

Economics,

Health,

Human

in classroom projects and presentations. Consistent with our vision, we attract students who exhibit strong leadership and achievement skills or who clearly show the potential to develop such skills. These students typically wish to develop themselves 112 The MBA Career Guide Fall 2009

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Full Time Course Information Start Dates: February, May, August, November

Programme Duration: 12 months

Application Fee : USD ($) 50

Tuition Fee: USD ($) 44,900 / Total Program Cost

Part Time Course Information Start Dates : February, May, August, November

Entry Requirements: Min. GMAT Score : 550 or waiver Min. TOEFL Score: Internet 112 Computer 230 Paper 570 Min. IELTS : 6.5 Min. Years of Work Experience : 0

Programme Duration : 21 months Tuition Fee : USD ($) 1935 / Per Course

Contact: Dr. Harry Domicone, International MBA Program Director Graduate School of Business, California Lutheran University 60 West Olsen Road #3500 Thousand Oaks, California 91360 United States of America Tel: +1 805 493 3511 Fax: +1 805 493 3312 Email: domicone@clunet.edu Web: www.clunet.edu/IMBA

Profit. In addition to classroom activities, there are

Who Should Apply to CLU?

many scheduled seminars, workshops, and other

Total cost and speed to completion are often factors

professional development opportunities.

in the student’s MBA decision process. Students who wish to complete an MBA in as few as 12 months, or

Admissions Criteria

for whom a significant overall educational value is

Admissions are selective but flexible. Minimum

desired may wish to consider CLU for their MBA in

expectations include a bachelor’s degree with a

the USA.

respectable academic record; work experience is not required. Most applicants submit GMAT scores,

Student Profile

but with a sufficient demonstration of quantitative

The possibility to complete an

ability, this test may be waived. Similarly, most

MBA in as few as 12 months

applicants report TOEFL scores, but under certain

attracts

circumstances this requirement can also be modified.

students from around the

A Pre-MBA is available for students with backgrounds

globe to Southern California,

other than business.

where that

A Southern California Campus

highly-qualified

they living

and

discover learning

in CLU’s environment of

CLU is located in Thousand Oaks, California, mid-way

intellectual inquiry and real

between Los Angeles and Santa Barbara (about an

world training come together for a well-rounded

hour’s drive from each). The 200+ acre (100+ hectare)

education experience. At CLU class sizes are small,

park-like campus enjoys a superb climate, where it

and international and US students alike take courses

never freezes or is ever too warm.

and complete meaningful projects together.

Costs and Scholarship Opportunities

Though work experience is preferred, CLU will

The all-inclusive price of the MBA program at

consider international applicants who are just

The Exceptional Value of a 12 Month MBA

CLU for the 2009 academic year is about $43,000,

beginning their careers. A Pre-MBA is available for

The MBA at CLU is recognized as “An Exceptional

which includes tuition, seminars, events, health

students with other than business backgrounds.

Value in US Graduate Business Education.” CLU is

insurance and shared graduate housing with private

The international perspectives that these pre-career

ranked by US News & World Report as a Top Tier

bedrooms, full kitchens, and wireless internet. The

students bring to the graduate classes, coupled

Master’s-granting university in the US West. The

only additional costs are for textbooks, groceries,

with the real world professional experiences of the

CLU MBA is demanding, and the expectations are

entertainment, and other personal expenses (e.g.,

American professionals, executives, and managers

high – but the rewards are great. And the total cost

laundry, etc.). To obtain an F-1 student visa, about

who are in the same classes, combine to create a

is far less than that of many other MBA programs.

$49,000 must be certified in funds or available

remarkable environment of international learning,

Significantly, the degree can be completed in as few

support.

career mentoring, and the formation of enduring

One Year MBA

North America

Specialisation by Function: Economics Entrepreneurship Finance General Management Information Management International Management / Business IT Management Marketing Organisational Behavior Social Enterprise and Not-for-Profit

Specialisation by Industry: Banking / Financial Services Consulting Government IT / Telecommunications Media & Entertainment Non - Profit Organisation Pharmaceutical / Bio-Medical Public Sector Retail / Consumer Goods

Europe

Programme Type: Full Time MBA Part Time MBA

Latin America

Graduate School of Business, California Lutheran University

as 12 months. The combination of substantial value,

professional relationships among all participants.

spectacular location, small class size, close contact

Career Planning

with renowned faculty, and internship opportunities

The CLU Career Center is instrumental with career

After the academic component of the program,

appeals to even the most discriminating and highly-

development, and the placement rate is well above

many MBA graduates elect to engage in an optional

qualified applicant.

90%. In addition, the optional internship can provide

internship, which is arranged with the assistance of

a useful introduction to national and international

the CLU Career Center and the School of Business

employment opportunities.

and its faculty.

specialized MBA with an emphasis in one of several

Application Procedures

Recognized as an “Exceptional Value in US Graduate

areas, including Finance, Marketing, Management/

Students may apply for any of four entry points:

Business Education,” CLU offers a superb blend of

Organizational Behavior, Information Technology,

August, November, February, or May. Applications

academics, practical experience, dynamic business

International

are encouraged at least 120 days before the start of

location, and splendid climate.

General or Specialized Degree Program Students may select either a general MBA or a

Business,

Financial

Planning,

Entrepreneurship, and Social Enterprise/ Not-for-

Australia & New Zealand

Southern California, USA

Asia Pacific

CLU Graduate School of Business

the term. The MBA Career Guide Fall 2009 113

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

Mara McFadden  MBA 2010 hometown: Pittsburgh, PA undergrad: University of California, Berkeley BS – Mechanical Engineering pre-MBA employment: Manufacturing Engineer, Johnson & Johnson, California ’09 MBA internship: H. J. Heinz Company, Associate Brand Manager Tracks: Management of Innovation in Product Development

> A Different School of Thought The Tepper School of Business at Carnegie Mellon University offers an MBA experience that is rare among leading B-schools. Among the smallest class sizes in the Top 20 MBA programs. Open, unrestricted cross-campus study at each of the university’s seven colleges. Our six Nobel laureates who helped to build our reputation. And an academic approach that has earned our graduates respect around the globe for analytical and strategic leadership in business. According to the Wall Street Journal, corporate recruiters consistently rank us among the top 5 MBA programs worldwide.

Visit www.tepper.cmu.edu.

Discover the edge for the career that is waiting for you.

Untitled-1 1

21/7/09 14:46:49


Program Type: One Year and Two Year Full Time MBA Programs MS in Accounting MS in Finance Executive MBA Joint Degree Program Offered: MBA/ MS Accounting or Finance Specialization by function for Two Year MBA: Finance Marketing

Tuition: All applicants are reviewed for merit scholarships; 51 credits needed for MBA program. One Year MBA: $54,000; Two Year MBA and MS programs: $915 per credit

Entrepreneurship/Innovation Management Customizable Programs Tracks are available in general or global management. Start Dates: One Year MBA – July; Two Year MBA, MS programs, and EMBA September

Entry Requirements: Min GMAT Score = 570 Min TOEFL Computer Based Score= 90 Min TOEFL Paper Based Score= 600 Minimum Years work experience: 2-3

Program Duration: One Year or Two Years

Contact: John H. Adamski Director, Graduate Admissions & Enrollment Management LeBow College of Business, Drexel University Matheson Hall, Suite 207 3141 Chestnut Street Philadelphia, PA 19104 Phone: 215.895.6804 Fax: 215.895.1725 Email: mba@drexel.edu www.lebow.drexel.edu

an understanding of social, political, financial,

Student Association, the LeBow Alumni Council,

economic, and legal foundations and trends

speakers series, and networking events.

Latin America

Drexel University’s LeBow College of Business

Student Profile

financial management, marketing, and operations

Mike Burdick , One Year MBA 2009

management.

“The One Year program was incredibly rewarding

• Technology Management: Draws on Drexel’s

for me. After working for 10 years, I was eager to go

tradition and expertise in the area of managing

back to school, but cautious about losing income

technological change.

for a long period. This program was a perfect fit.

• Leadership and Ethics: Provides students with the

Throughout the year, I developed personally, figuring

background to think strategically, motivate others,

out what my strengths and weaknesses are, and now

and inspire change to achieve goals within an

I feel more confident about my career direction than

organization.

I ever have. The courses were challenging, students

Drexel University’s LeBow College of Business • Field of Concentration/Specialization: Features and faculty were high quality, and the year went by focuses on shaping leaders who affect change areas of study enabling students to customize quickly. I highly recommend this program!” in business. programs to develop a deeper understanding of a Drexel offers experiential learning that transcends Shruthi Prahalada, Two Year MBA 2009 discipline. “After completing my undergraduate business

the classroom environment. Within its curriculum, LeBow College reveals ethical challenges to expose

World Renowned Faculty

degree at Drexel, I knew I wanted to pursue an

students to the types of principled choices that

Internationally renowned faculty members at Drexel

MBA. I chose Drexel because of the wonderful co-op

occur in business settings. Technological platforms

University’s LeBow College of Business are among

experience I had there, which allowed me to gain

are also continually utilized to leverage Drexel’s

the world’s most highly read and respected in

valuable work experience while earning my degree. I

heritage as a technology innovator and leader. And,

business education. Faculty members incorporate

knew that I’d benefit greatly from a Drexel MBA since

as Drexel is one of fewer than 50 private universities

the latest business and technological advances in

it incorporated academic, in-class learning with

classified by the Carnegie Foundation as Doctoral/

course delivery. Professors have extensive industry

more professional experience. My cohort included

Research-Extensive, LeBow College engages in cross-

knowledge that enables them to blend the academic

many international students which provided further

disciplinary actionable research to improve strategic

and real worlds, enhancing students’ academic

exposure to other cultures and diverse experiences.

and ethical leadership.

experience with guest lectures and special events.

I spent one summer in Bangalore, India, working for

LeBow College views the marketplace from a global

State-of-the-Art Technology

The experience of working for an American company

perspective and values citizenship in a global changing

A leader in curricular and technological innovation,

abroad was invaluable. Additionally, I really enjoyed

world. All of the programs at LeBow embrace and

Drexel University embraces the power of technology

all of the many networking opportunities available

encourage the spirit of entrepreneurship. Drexel

and

capabilities.

at Drexel. As the vice president of Drexel Women

MBA graduates are prepared to successfully step into

Faculty and students are early adopters of cutting

in Business, we hosted numerous events, inviting

top positions and lead global organizations with the

edge technology that transforms the way higher

female business leaders, learning about their paths

ability to make sound strategic decisions in the face

education can be delivered to augment the learning

to success. It was very inspiring.”

of competitive and economic demands.

experience.

Leadership Education in a Format Right for You Drexel’s innovative MBA curriculum aligns the

The Drexel Difference: Resources Critical to Career Enhancement

strengths of the faculty with the academic needs

The Centers of Excellence at LeBow College are

of students and the business community. The

catalysts for research and innovation, think tanks

curriculum integrates sequences that build upon

for significant trends and issues, and incubators for

each other to provide a solid, comprehensive

opportunities in business and integration among

mastery of business knowledge.

disciplines.

There are five curriculum sequences:

Other resources include Drexel Women in Business,

• Enterprise Management: Develops skills and

LeBow MBA Career Services, LeBow Graduate

continuously

enhances

its

Australia & New Zealand

GE in its marketing communications department.

Europe

the functional areas of accounting, economics,

Asia Pacific

• Functional Core: Advanced business learning in

North America

essential to organizations.

The MBA Career Guide Fall 2009 115

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The Fuqua School of Business Duke University Programme Duration: 22 months

Joint Degree Programmes Offered: MBA + JD MBA + MD MBA + MSc (Engineering) MBA+ Master of Public Policy, MBA+ Master of Forestry, MBA+ Master of Environmental Management, MBA+

Economics Entrepreneurship Finance General Management Health Care Management Innovation / Knowledge Management International Management / Business Leadership Marketing Operations Management Strategic Management

Specialisation by Function: Brand Management Decision Science

Full Time Course Information Start Dates: August

Application Fee : USD ($) 200

Tuition Fee: USD ($) 46,694 / Per Year Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : N/A Min. TOEFL Paper Based Score : N/A Min. IELTS : 0 Min. Years of Work Experience : 0

Executive Course Information Start Dates: August Programme Duration : 16 months Tuition Fee : USD ($) 115500 / Total Program Cost

Contact: Liz Riley Hargrove, Associate Dean for Admissions The Fuqua School of Business, Duke University 1 Towerview Drive Durham, NC 27708-0104 United States of America Tel: + 1 (919) 660-7705 Fax: +1 (919) 681 8026 Email: admissions-info@fuqua. duke.edu Web: www.fuqua.duke.edu

Europe

North America

Latin America

Programme Type: Full Time MBA Executive MBA

The Duke MBA program combines a foundational

by members of the corporate community. For

members of several study groups, project groups,

core of required courses with a selection of

students, the extended periods also mean ample

and case teams.

electives. The program spans two academic years of

time for simulations, case presentations, questions,

full-time course work with at least 79 credit hours.

and discussion.

In the second year, students take a full load of

Two Integrative Learning Experiences (ILEs) extend

Asia Pacific

and enrich the intensive classroom study.

elective courses. A student’s course selection can During the first year, students will be immersed

be tailored to meet specific educational and career

in the core curriculum. The courses will provide a

goals. Duke’s leading professors and practitioners

The Duke MBA’s elective offerings change

firm foundation in economics, quantitative analysis

in business help students to develop expertise in

frequently in response to the needs and interests

and statistics, accounting, finance, organizational

functional skills and analytical thinking. The result is

of students and the business community. At Duke,

behavior, marketing, and operations management.

a well-rounded MBA education that combines critical

courses are taught in two-and-one-quarter-hour

A year-long Individual Effectiveness course will

thinking and communication skills with a strategic,

classes that meet twice weekly during six-week

help to develop communication, computing, and

global perspective.

terms. This shorter term structure allows students

career-planning skills. In the spring of the first

to take more classes, such as three or four per term,

year, elective courses are selected to help develop

with the same number of faculty contact hours

broad perspectives and give students a competitive

as a semester or quarter system. These extended

advantage in the internship search process.

class periods enable faculty to cover topics during

addition, the first-year class is divided into several

If you ask a Duke MBA why she or he chose Duke, in

a single class session and permit participation

sections. Within these sections, students will be

addition to our outstanding academic program, you

In

Student Profile

will undoubtedly hear one of the following: People. Community. Culture. The Duke MBA experience is

Australia & New Zealand

all-encompassing and our Team Fuqua collaborative leadership culture clearly differentiates us from our peers. It extends from the classroom to study teams to student-run clubs to social activities. Our students are engaged. They are passionate and motivated to have a positive impact on the school and to learn and grow through interactions with their diverse classmates. The community is a melting pot of professional, academic and ethnic backgrounds from around the globe. We welcome partners, spouses, and children of our students to The Duke MBA community. 116 The MBA Career Guide Fall 2009

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Latin America

University of Saskatchewan Programme Type: Full Time MBA Part Time MBA

Agricultural Economics Education Leadership Public Policy

Joint Degree Programmes Offered: MBA Only

Full Time Course Information Start Dates: August

Specialisation by Function: General Management Finance International Business biotechnology Management Human Resources Marketing Health Services Management International Trade

Programme Duration: 12 months (F/T) Tuition Fee: CAD ($) 23550 Entry Requirements: Min. GMAT Score : 500 Min. TOEFL Computer Based Score : 250

Application Fee: CAD ($) 75 Part Time Course Information Start Dates: August Programme Duration: 12 - 36 months Tuition Fee: CAD ($) 23550 (Total Tuition) or $525 per credit unit

of core and elective courses, students will

North America

Contact: Leslee M. Harden, Director, MBA Program Edwards School of Business University of Saskatchewan PotashCorp Centre 25 Campus Drive Saskatoon, Saskatchewan S7N 5A7 Canada

Min. TOEFL IBT : 97 Min. IELTS : 6.5

Tel: 01-306-966-8678 Fax: 01-306-966-2515 Email: mba@edwards.usask.ca Web: www.edwardsmba.ca

Student Profile

Sean McAlpine Abonar Business Consultants Ltd.

have a personal MBA experience,

while

still sharing it with a network of intelligent and

Sean

exceptional

his

classmates.

attained Bachelor’s

degree in chemical MBA

engineering from

strives for a diverse

the University of

student

Saskatchewan

The

Edwards

cohort,

ensuring your

graduating, he spent 16 years in the pulp and paper

classroom,

industry, working on environmental engineering, process engineering, customer service and general

academic

program,

management. When the mill he was working at was

adequately prepares

closed, Sean decided to upgrade his skill set to be

you for the work

not as dependent on a single industry.

world

business.

“I chose the Edwards School of Business MBA program

he Edwards Master of Business Administration

Students come into the program from a variety

(International Business Management) because of the

program values accessibility and a high

of backgrounds, including cultural, ethnicity, age,

curriculum and duration of the program. In addition

an

academic and work experience, ensuring lively

to getting a first rate education, I was able to make

approach to management that is both integrative

and broad ranging discussions of business issues.

a number of valuable contacts with faculty and

and strategic, gaining a deeper understanding of

Knowledgeable, experienced and diverse colleagues

classmates.”

organizations and their local and global context. By

contributing varied perspectives complements your

enhancing their interpersonal communication, team

course load and enriches your studies.

Europe

T

academic

Asia Pacific

After

experience

in addition to the

in

Australia & New Zealand

in 1990.

that

experience.

Students

develop

the

of

building and leadership skills, graduates enter their

In fact, McAlpine has begun a consulting company in partnership with two of his former MBA classmates

professional endeavours with confidence, integrity

The uniqueness of the Edwards MBA lies within

after graduation. The company, Abonar Business

and accountability.

its modular delivery, in that it allows students to

Consultants, offers innovative and customized

incorporate their studies into their lifestyle. Those

solutions to enhance organizational and business

The Edwards MBA provides each student with a

who prefer an intensive experience can complete

performance.

strong component of core courses, a variety of

the program full-time in 12 months. Students who

the full breadth of our education as we grow this

industry-based elective courses to choose from,

have families and/or are working in addition to

company.”

a strong professional development program and

completing their MBA can enroll on a part-time

a global focus within the curriculum, including a

basis and take up to 36 months to complete. A

“I would rate the experience at the Edwards School of

required international study tour.

The program

student who selects the part-time option can also

Business MBA program as transformational and lots

focuses around team-building, leadership and

later choose to fast-track their studies to complete

of fun and highly recommend it to people wanting

business strategy. As well, there is a community

the degree in a shorter time period. With a variety

to jump start their careers.”

liaison advantage where students are partnered

of scheduling options, pursuing a Master of Business

with industry to complete a management consulting

Administration at the Edwards School of Business can

project tailored to meet career goals.

be effectively integrated into career goals to provide

According to Sean, “We are using

a transformational, educational life experience. The curriculum is delivered in a modular format allowing students to complete each course in one, two, or three weeks (determined per course) and then move on to the next. By selecting a combination 118 The MBA Career Guide Fall 2009

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Joint Degree Programmes Offered: MBA + JD MBA + MSc (Accounting/Taxation) Specialisation by Function: Accountancy E-Commerce / Business Entrepreneurship Finance General Management International Management / Business IT Management Marketing Operations Management Public Relations Management

Specialisation by Industry: Banking / Financial Services Consulting IT / Telecommunications Media & Entertainment Pharmaceutical / Bio-Medical Print Media Publishing Real Estate Venture Capital & Private Equity

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 250 Min. TOEFL IBT: 100 Min. TOEFL Paper Based Score : 600 Min. Years of Work Experience : 2

Full Time Course Information Start Dates: January September

Part Time Course Information Start Dates: January April September

Programme Duration: 24 months Tuition Fee: USD ($) 1061 / Per Credit

Application Fee: USD ($) 130

Tuition Fee: USD ($)1061 / Per Credit Executive Course Information Start Dates: August Programme Duration: 22 months Tuition Fee: USD ($) 82,500 / Total Program Cost

Contact: Cynthia Perez, Director of MBA Admissions Fordham University Graduate School of Business Lowenstein Building 33 West 60th Street 4th Floor, New York, NY 10023 United States of America Tel: 001-212-636-6200 Fax: 001-212-636-7076 Email: admissionsgb@fordham.edu Web: www.bnet.fordham.edu

Programme Duration: 39 months

About Fordham Fordham Graduate School of Business offers students from around the world an opportunity to study in the heart of New York City while being part of a vital community. Our compelling MBA concentrations and

North America

Programme Type: Full Time MBA, Part Time MBA Executive MBA

Latin America

Fordham University Graduate School of Business

Master of Science programs are taught by renowned faculty in small class settings. A low student-faculty ratio is just one way we foster our student-centered approach to graduate education. Students are allowed to customize their options, a cohort MBA choice, and international study initiatives. These degree options are built on a trimester system that allows part-time and full-time students to finish their degree at their own pace.

Europe

programs with diverse elective choices, joint degree

Fordham Graduate School of Business has offered its world-class education since 1969, and it continues to enhance its academic programs to stay on the cutting-edge of business both domestically and internationally. Find out more at www.bnet.

Programs: • MBA with concentrations in: Accounting & Taxation, Communications & Media Management, Finance & Business Economics, Information &

Asia Pacific

fordham.edu.

Communications Systems, Management Systems, and Marketing • Executive MBA (weekends only) • MBA/Masters in International Management Joint Degree with Thunderbird University • MBA offered in West Harrison, NY (Westchester County) • MS in Information Systems, Media Management, Taxation, and Quantitative Finance • JD/MBA Joint Degree • Pre-MBA Program • And more!

Australia & New Zealand

• Global Professional MBA

The MBA Career Guide Fall 2009 119

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Latin America

McDonough School of Business, Georgetown University Programme Type: Full Time MBA Part Time MBA Executive MBA Joint Degree Programmes Offered: MBA + JD MBA + MD MBA + MSFS (M.S. in Foreign Service); MBA + MPP (Master of Public Policy)

Programme Duration: 21 months

Specialisation by Industry: Banking / Financial Services Consulting Government Non - Profit Organisation Pharmaceutical / Bio-Medical Public Sector Retail / Consumer Goods Venture Capital & Private Equity

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 250 Min. TOEFL Paper Based Score : 600 Min. IELTS : 7.5 Min. Years of Work Experience : 2

Full Time Course Information Start Dates: August

Tuition Fee: USD ($) 41934 / Per Year

Application Fee : USD ($) 175

Part Time Course Information Start Dates : August Programme Duration : 36 months Tuition Fee : USD ($) 1223 / Per Credit Executive Course Information Start Dates: August Programme Duration : 18 months Tuition Fee : USD ($) 1660 / Per Credit

North America

Specialisation by Function: Accountancy & Financial Entrepreneurship Finance General Management Information Management

Leadership Marketing Operations Management Strategic Management Corporate Governance, E-Business

Contact: Kelly Wilson, Assistant Dean & Director of Admissions McDonough School of Business, Georgetown University 37th and O Streets, NW Rafik B. Hariri Building Suite 390 Washington, D.C. 20057 United States of America Tel: +01 (202) 687-4200 Fax: +01 (202) 687-7809 Email: GeorgetownMBA@ georgetown.edu Web: msb.georgetown.edu/

Faculty Profile “I teach people to think logically and analytically and therefore increase their probability of success. That way they’re likely to make better decisions.” -Paul Almeida, Associate Professor of Strategy Combining rigorous case analysis and lively experiential debate, Professor Almeida’s courses are designed to develop students’ critical thinking and analytical skills, which are paramount in the development of complex strategic thinking.

Asia Pacific

Europe

In addition to his outstanding teaching, Professor Almeida is an award-winning researcher and widely sought-after consultant. His clients include IBM, AT&T, Philips, and most recently, the royal family of For over 200 years, Georgetown University has

international exposure of our student body. Whether

the United Arab Emirates. He has worked on major

welcomed aspiring leaders to our campus along the

it involves interaction with our diverse student

strategic initiatives at Georgetown’s McDonough

banks of the Potomac River. Offering unparalleled

body, taking courses with an international focus, or

School of Business, including the development of

access to leaders in global business and policy, the

pursuing our partner programs with ESADE, Oxford

the Global Residency, the implementation of the

Georgetown MBA program is part of one of the

University, or the Georgetown School of Foreign

Business Plan Case Competition, and the creation of

nation’s most prestigious universities in one of the

Service, you will be part of a community that is truly

the Global Executive MBA Program.

world’s most influential cities. Our program is located

global. All students get a hands-on international

in a state-of-the-art facility which opened in June

learning experience through the Global Residency,

Professor Almeida holds a B.A. from the University

2009. This 179,000 square-foot building enables

in which they act as consultants on projects for

of Poona (Electrical Engineering), an MBA from

us to further excel in the quality of our teaching,

international companies abroad. Recent Global

the Indian Institute of Management, Ahmedabad,

research, student services, career management and

Residency locations have included Dubai, Ho Chi

and an M.A. in Applied Economics and Managerial

connections to international business.

Minh City, Johannesburg, Prague and Sao Paulo.

Science as well as a Ph.D. in International Business

Community of Achievement

Emphasis on Leadership

A collaborative culture, a supportive faculty, and

With an emphasis on global business, innovation,

access to an extensive alumni network are just some

and ethical decision-making, the Georgetown

of the benefits that our community offers. Students

MBA program prepares students to be leaders

know their professors as mentors, career advisers,

of the future. Leadership skills are built through

Resources of a World Capital

and colleagues. They gain a foundation in all core

the curriculum as well as through mechanisms

Our proximity to prominent business, government,

management disciplines with an emphasis on the

such as the McDonough School of Business

and non-profit leaders make Washington, D.C. a

global, ethical and political environment of business.

Distinguished Leaders Speakers Series, an active

premier location for learning. Our community’s

Georgetown students are known for their ability to

Student Government Association and leadership

strong ties to the wider world allow us to draw

conduct rigorous analysis, work extraordinarily well in

opportunities in over 30 student organizations. The

opinion leaders to campus on topics ranging

teams and produce professional, high-quality results.

leadership abilities you develop at Georgetown will

from investment analyses to ethics in marketing.

serve you well throughout your career, and we are

More than a city known for politics, monuments,

A Global Mindset

proud that our alumni make an impact in leadership

museums, history and seven national sports leagues,

A global mindset is the essence of the Georgetown

roles around the world.

Washington is a global business community - a great

Australia & New Zealand

and Strategy, both from the Wharton School at the

experience and is reflected in the tremendous

University of Pennsylvania.

place to work and network.

120 The MBA Career Guide Fall 2009

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Specialisation by Function: Accountancy Brand Management Decision Science Entrepreneurship Finance General Management

Specialisation by Industry: Banking / Financial Services Consulting Media & Entertainment Non - Profit Organisation Pharmaceutical / Bio-Medical Real Estate Retail / Consumer Goods Venture Capital & Private Equity

Full Time Course Information Start Dates: August

Application Fee : USD ($) 150

Tuition Fee : USD ($) 96000 / Total Program Cost

Programme Duration: 22 months

Part Time Course Information Start Dates : September

Tuition Fee: USD ($) 41013 / Per Year

Programme Duration : 36 months

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 250 Min. TOEFL Paper Based Score : 600 Min. IELTS : 7 Min. Years of Work Experience : 1

Tuition Fee : USD ($) 22775 / Per Year

Contact: Julie Barefoot, Associate Dean & Director, MBA Admissions Goizueta Business School, Emory University 1300 Clifton Road Atlanta, GA 30322 United States of America

Executive Course Information Start Dates: January

Tel: +01 (404) 727 6311 Fax: +01 (404) 727 4612 Email: admissions@bus.emory.edu Web: www.goizueta.emory.edu

Programme Duration : 21 months

Semester Modules provide students the opportunity

Wharton. Their professional experiences include

to engage in real-time skills and experience-building

companies such as Credit Suisse, PWC, Deloitte,

opportunities in an Atlanta-based or international

Microsoft, Coca-Cola, Morgan Stanley, McKinsey,

setting.

General Motors and Ernst & Young.

Goizueta Business School is committed to realizing

The Career Management Center assists MBA

its mission to “develop principled leaders for a

students

global enterprise.” Goizueta’s approach is a fully

abilities, experiences, and interests toward a career

integrated series of curricular and co-curricular

goal. Career coaches help students develop an

learning

students

individual strategy for marketing themselves in

participate in the Goizueta Leadership Academy

order to conduct an effective job search. Workshops,

developing personal leadership skills and practicing

speakers, internships, mentors, interview coaching,

them through real leadership opportunities. The

and alumni are some of the resources available to

Professional

Goizueta Business School students.

experiences.

Development

All

Communication courses

full-time

and

provide

Professional

guidance

in

pragmatically

focusing

particular

and

practice for presentations, persuasive speaking, and

In addition to the Full-time Two-Year MBA program,

leading and facilitating teams. Students who have

four other formats of the M.B.A. Program are offered.

demonstrated a strong interest in further developing

Students who are interested in the One-Year MBA

their leadership skills may apply to the Goizueta

program must have an undergraduate degree in

Advanced Leadership Academy (GALA).

business or economics.

North America

Joint Degree Programmes Offered: MBA + JD MBA + MD MBA + MPH, MBA + MDiv, MBA+DPT

Health Care Management International Management / Business Leadership Marketing Sports Management Real Estate

Europe

Programme Type: Full Time MBA Part Time MBA Executive MBA

Latin America

Goizueta Business School Emory University

Applicants with strong

Students host and participate in a multitude of on-

math degrees) with business experience and some

and off-campus case competitions. The Goizueta

business course work may qualify for this program.

Goizueta Business School offers students the

Marketing Strategy Competition gives students the

Students begin this program in May and complete

opportunity to pursue an MBA in a flexible,

opportunity to apply marketing research and strategy

it in one calendar year; joining the graduating class

innovative environment. Students are encouraged

development skills to real business challenges for

of the Two-Year MBA students in the fall and spring

to work closely with professors and to customize

such companies as Coca-Cola, Kodak, IBM, SunTrust,

semesters. Goizueta also offers a part-time, three year

a course of study based on their individual career

Georgia-Pacific Corporation, UPS, and AT&T.

Evening MBA program for working professionals and

goals. Faculty members use teaching methods

Weekend and Modular Executive MBA programs for

best suited to the course material, including: cases,

The Goizueta MBA Program exposes students

candidates with significant managerial experience.

lectures, class discussions, student presentations,

to global business issues on many levels.

The

Joint degree programs are available with the schools

and team projects all with a balanced emphasis on

Global Perspectives elective course serves as an

of Law, Public Health, Theology and the Division of

quantitative and qualitative approaches.

introduction using a multidisciplinary, integrated

Physical Therapy.

Asia Pacific

quantitative backgrounds (e.g. engineering or

During the first semester, students complete all but

finance, accounting, management, and marketing.

Emory University is located 6 miles from downtown

one of the required core courses, which stress the

Students may choose to study abroad in exchange

Atlanta, the business, cultural, and international

basic principles in each of the primary functional

programs at more than 20 universities. Through four

center of the southeastern United States. According

areas and enable them to thoroughly prepare for

double-degree programs at partner institutions

to a recent study, Atlanta ranks among the top 5

their internship experience.

in Europe students may simultaneously earn two

cities in the U.S. with Fortune 500 headquarters.

master’s degrees.

The moderate climate, reasonable cost of living,

Electives begin the

second semester and allow students to tailor their learning experience to master skills needed to

and impressive array of cultural and recreational

succeed. By strengthening linkages to practice, the

At Emory University, teaching, scholarly research and

offerings, attract businesses and people from all over

year-long Management Practice course develops

service to the business community are highly valued

the world.

critical thinking capabilities necessary to solve

components of the faculty profile. Faculty members

business problems. This course is a vehicle for real

have joined the Business School from institutions

integration across academic disciplines. The Mid-

such as Harvard, Northwestern, Stanford, Yale and

Australia & New Zealand

approach. We offer international course electives in

The MBA Career Guide Fall 2009 121

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Study a MBA taught in English in a triple accredited business school, in Grenoble or at one of our campuses abroad.

Accreditations


Grenoble Graduate School of Business, Grenoble Ecole de Management

Latin America

Programme Type: Full Time MBA Part Time MBA Specialisation by Function: Entrepreneurship Finance General Management Innovation / Knowledge Management Marketing Project Management Purchasing Management Technology Management Business Intelligence;

Biopharceutical and Management Consulting

Programme Duration: 12 months

Application Fee : EURO (€) 85

Specialisation by Industry: Automotive Banking / Financial Services Consulting IT / Telecommunications Media & Entertainment Oil & Gas Pharmaceutical / Bio-Medical Retail / Consumer Goods

Tuition Fee: EURO (€) 25000 / Total Program Cost

Part Time Course Information Start Dates : September

Entry Requirements: Min. GMAT Score : 550 Min. TOEFL Computer Based Score : 240 Min. TOEFL Paper Based Score : 590 Min. IELTS : 6.5 Min. Years of Work Experience : 3

Programme Duration : 24 months

Full Time Course Information Start Dates: September

Tuition Fee : EURO (€) 27000 / Total Program Cost

Contact: Elizabeth Gorrilla, Marketing and Admissions Manager Grenoble Graduate School of Business, Grenoble Ecole de Management 12 rue Pierre Sémard BP 127 Grenoble Cedex 01, Isère 38003 France Tel: +33 4 76 70 62 31 Fax: +33 (4) 76 70 60 99 Email: admissions@ggsb.com Web: www.ggsb.com/

Benefits for MBA part time Participants

North America

• Study close to home or work on one of our offsite campuses • Strengthen your “hard” and “soft” management skills and business confidence • Gain a fresh perspective on business issues • Enjoy an intense and stimulating development experience A top international business school in the French Alps

© Copyright Agence Prisme / Pierre Jayet

Europe

Grenoble Ecole de Management and its GGSB also offers its programs on several off-site international school, Grenoble Graduate campuses www.ggsb.com/abroad School of Business (GGSB) Established in 1984, Grenoble Ecole de Management Why choose Grenoble Graduate School of is one of Europe’s best management schools. It is Business? one of a few schools worldwide to hold the triple

• Triple accreditation: AMBA, AACSB and EQUIS

accreditation crown: AACSB, AMBA and EQUIS. A

• 11 campuses including Grenoble, London, Moscow,

French ‘Grande Ecole’, it has been also a member of the French accreditation body, the Conférence des Grandes Ecoles since 1989. GGSB offers a wide

Asia Pacific

and

intercultural

Student Profile part-time MBA student at Grenoble He spent 7 years in the Silicon Valley

multicultural management

in California before being relocated back to France where he works at semi-conductor

• Balance of theoretical and practical management learning with 90% international faculty

company, XILINX, the world’s largest supplier of programmable logic devices.

• Faculty with both academic expertise and a wide “I opted for the GGSB’s part-time MBA after a

management,

colleague of mine who graduated from the same

innovation and flexibility are the keys to our success.

Benefits for MBA full time Participants

program encouraged me to do so. It is very a valuable

Our programs are designed to meet the needs of

• Follow a one-year academic program plus a

experience to be able to remain in employment

industry on a global level. A blend of theoretical and

management project within 9 specialization tracks

whilst gaining an MBA. I am also looking to move

practical education ensures students are operational

• Work during the management project (project

away from purely technical work to more product

is conducted during internship or permanent

and people-management work. Ideally, I would like

position, anywhere in the world)

to set up my own company in a few years time. The

as soon as they graduate.

Australia & New Zealand

more information: www.ggsb.com

Graduate School of Business (GGSB).

range of experience in corporate activity. Technology

program is offered. Please consult our web site for

the French Alps • A pioneer in management of technology and

Times and other international rankings.

We have a number of sites abroad where our MBA

Arnaud Duthou, 35 years old, is a

postgraduate level for both French and international

and its programs are regularly ranked in the Financial

• Rapidly accelerate your career progression

• A truly international business school at the heart of • 80% of students come from outside France

an integral part of all of our programs. The school

• Access new career challenges and responsibilities

Georgia…

range of programs from the undergraduate to the students. French language and culture modules form

• Join a high-caliber international business network

The school’s high-tech building gives students access

• Get an excellent return on your career investment

GGSB MBA is providing me with just what I need to

to computer labs, a library and research facilities, as

• Strengthen

accomplish this. The course is a real eye-opener to

well as a wireless network and videoconferencing technology. To respond to the school’s growing activities and student intakes, a new building wing was unveiled bringing the school’s surface to a total of 34000

both

your

“hard”

and

“soft”

management skills

areas I hadn’t really explored beforehand, such as HR

• Grow your international expertise

management, Finance and Economics, Marketing

• Build your analytical capabilities and business

and International Management etc. Furthermore,

confidence • Enjoy an intense and stimulating multicultural experience

the mix of theory and real-life case studies is a real plus. The diversity in the classroom in terms of cultures and backgrounds, the quality of the faculty

square meters. This new building, composed of a

• Join a high-caliber international business network

and the rich interaction offer the right environment

clever combination of glass, concrete and aluminium

• Rapidly accelerate your career advancement

to succeed. Be prepared for a lot of work and a lot

metal, houses a 479-seat lecture hall, new classrooms, faculty offices, and a conference centre.

254 The MBA Career Guide Fall 2009

of fun.”


Latin America

Hawai’i Pacific University Programme Type: Full Time MBA Part Time MBA Executive MBA Joint Degree Programmes Offered: 6 joint degree programs including MBA+MSIS (Master of Science in Information Systems) Specialisation by Function: Accountancy E-Business Economics Finance Human Resource Management

International Business Management Marketing Information Systems Management, Travel Industry Management, Organizational Change

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 213 Min. TOEFL Paper Based Score : 550 Min. IELTS : 6 Min. Years of Work Experience : 1

Full Time Course Information Start Dates: January, May, September

Application Fee : USD ($) 50 Part Time Course Information Start Dates : January, May, June, July, September, December

Programme Duration: 24 months Tuition Fee: USD ($) 675 / Per Credit

Programme Duration : 24 months Tuition Fee : USD ($) 675 / Per Credit Executive Course Information Start Dates: January, May, June, July, August, September, December, Rolling Programme Duration : 18 months

Europe

North America

Accounting/CPA • E-Business • Economics •

Student Profile

Finance • Human Resource Management •

Nash Subotic

Information Systems • International Business

Wealth Strategy Partners

• Management • Marketing • Organizational

President/CEO

Change • Travel Industry Management

The HPU Experience Full-time MBA

I graduated from HPU in 2003

HPU’s full-time MBA program provides

with a Master of Business

an opportunity for students to immerse

Administration degree and

themselves in a dynamic learning environment

a concentration in Finance.

for two exciting years. If the student has

I chose HPU because I

Hawai‘i Pacific University (HPU) is a private, nonprofit

already completed an undergraduate business

thought an MBA from HPU would be the ticket, and

university with approximately 8,200 students. HPU

degree or satisfied all of the prerequisites, the two-

I was right.

is one of the most culturally diverse universities

year program can be shortened to only 18 months.

in America with students from all 50 U.S. states

I liked the fact that HPU professors were

and more than 100 countries. Founded in 1965,

Flex MBA

professionals themselves, with experience ranging

HPU prides itself on maintaining strong academic

The Flex MBA allows students to switch between

from Wall Street to prominent companies like Proctor

programs, small class sizes, individual attention

full- and part-time studies, attend evening, day or

& Gamble and Merrill Lynch. During the course of

to students, and a diverse faculty and student

weekend classes, or take online courses. Students

the program, I learnt what it takes to be successful in

population. HPU is recognized as a “Best in the

also have a choice of seven start dates throughout

the business community from instructors with a very

West” college by Princeton Review and a “Best Buy”

the year.

hands-on approach. My business experience really

by Barron’s business magazine. HPU offers more

Asia Pacific

Tel: +1 (808) 544-1135 Fax: +1 (808) 544-0280 Email: graduate@hpu.edu Web: www.hpu.edu/MBA

Tuition Fee : USD ($) 0 / Per Credit

MBA Concentrations:

started the day I entered the program.

than 50 acclaimed undergraduate programs and 12

The 12-Month MBA

distinguished graduate programs.

Hawai`i Pacific University is one of a small number of American business schools offering an accelerated

How the HPU MBA helped me secure my future

The MBA Program

12-month MBA program. It is designed for full time

After attaining my MBA with a concentration in

The HPU MBA program is singular in its relevance,

students who have completed an undergraduate

finance, I jumped into the finance industry. I started as

practicality, and hands on approach. HPU MBA

business degree or have satisfied the necessary

an agent and progressing quickly to a management

students explore a dynamic educational context

business prerequisites at an accredited college or

role in my second year.

that extends well beyond the classroom. Students

university. Beginning in September and ending in

work as a cohort, learning in a hands-on, experiential

August, the curriculum includes a contemporary

After working with John Hancock for five years,

environment at our downtown campus, close to

group of core business courses, a series of electives,

I launched my own financial company - Wealth

the business community. Faculty with business

and a capstone sequence.

Strategy Partners - in 2007. I managed to grow the

experience provides insight, help with practical

Australia & New Zealand

Contact: Director of Graduate Admissions Hawai’i Pacific University 1164 Bishop Street Suite 911 Honolulu, Hawaii 96813 United States of America

application,

and

arrange

opportunities

to

company from four staff members to thirty two in

Executive MBA

just 18 months, despite the uncertain economy.

professionally interact with distinguished business

This 18-month executive-style program is intensely

leaders.

team-based and diverse, with a cross-section of

The MBA at HPU helped me acquire the people skills

participants from Hawai`i’s leading businesses.

necessary to run an organization of this magnitude.

The HPU MBA uniquely provides cultural enrichment

Two or more years of work experience and resume

My success can also be attributed to the vast

and

are required for entry into the program. Classes are

international network I was able to develop at HPU.

offered on Friday evenings and Saturdays.

This network enabled me to build my company with

excellent

networking

opportunities. The

internationally diverse student body allows for a variety of viewpoints and stimulating class discussion.

the right people. In fact, my top management team

In this international atmosphere, students form

Joint Degrees

friendships and important connections for success

HPU also offers 6 joint MBA programs for students

in the global economy of the twenty-first century.

interested in further increasing their career options.

is comprised entirely of HPU graduates!

122 The MBA Career Guide Fall 2009

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HEC Montréal

Specialisation by Function: Accountancy & Financial Analysis of the Economic Environment, Energy Management, Investment and Portfolio Management Specialisation by Industry: Banking / Financial Services Consulting

IT / Telecommunications Oil & Gas Pharmaceutical / Bio-Medical Manufacturing, Aerospace, Transportation Full Time Course Information Start Dates: August Programme Duration: 12 months

Tuition Fee: USD ($) 25,320 / Per Year Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 250 Min. TOEFL Paper Based Score : 600 Min. IELTS : 7 Min. Years of Work Experience : 3

Contact: Carine Nahman, Recruitment Officer HEC Montréal 3000, chemin de la Côte-SainteCatherine Montreal, Quebec H3T 2A7 Canada

Tel: + 001 514 340 6744 Fax: + 001 514 340 6888 Email: mba@hec.ca Web: www.hec.ca/mba

Latin America

Programme Type: Full Time MBA

Application Fee : USD ($) 70

At the end of this phase, all students participate in a five-week supervised consulting field project, in practice, in a real business environment, the training they received during the MBA. Some 67 students participate in our campus abroad program in Asia, Latin America, and North America. In this two to three-week program, students have an opportunity to become familiar with the local

North America

a business organization, where they can put into

culture and participate in several commercial and industrial visits. The fourth phase focuses primarily on managing all aspects of change from new technologies to human resources management strategy, and students are society at a personal, political, economic, social and technological level. Throughout their careers, HEC Montréal graduates

Europe

invited to reflect on the contemporary issues of our

have access to the School’s Career Centre, which is in contact with hundreds of companies in Canada Network, an influential business network of some

management school in Canada. It offers 35

course content

ensure that the MBA accurately

60,000 graduates, has regional commities in various

programmes,

reflects the cross-functionality of management.

Canadian and American cities, as well as a European

Teaching is multidisciplinary and follows an approach

chapter based in Paris.

from

the

undergraduate

to

postgraduate levels.

that is more theme-oriented than functional, so that HEC Montréal also boasts one of the largest business

students develop a broad and accurate vision of

administration faculties, close to 260 professors

managerial roles as well as strong problem solving

trained at the best universities around the world.

skills.

HEC Montréal was the first management school in

Alumni Profile Although all of the applicants have met the same

North America to hold the three most prestigious

Offered in English or in French, this MBA comprises

criteria, candidates admitted to the HEC Montréal

certifications in the world in management teaching:

four phases. In the first two, students learn about

MBA program are nevertheless an extremely diverse

AACSB International (US), EQUIS (Europe) and the

business fundamentals and the inherent complexity

group. In 74% of cases, they have a bachelor’s degree

Association of MBAs (AMBA) in the United Kingdom.

of management.

in a field other than business administration. They

Moreover, AméricaEconomía (2009) and Forbes

have acquired their work experience in a wide variety

(2007) listed the HEC Montréal MBA as one of the

In the third phase, students acquire a solid

of economic sectors. Their ranks include engineers,

best non-US MBAs in their rankings of business

grounding in a specific area by selecting from an

lawyers, psychologists, biologists, communications

schools.

impressive range of elective courses. Students

consultants,

can build their own personalized major or opt

specialists, and administrators, each of whom brings

HEC Montréal main building is equipped with

for one of the proposed majors: analysis of the

his or her own wealth of knowledge and experience

state-of-the-art computer and telecommunications

economic environment, corporate finance, energy

to the program. As much as 44% of the MBA students

facilities, allowing students and staff to make the most

management, entrepreneurship, human resources

are international and 34% are women.

of advanced information technologies. Students are

management, information technology management,

The average student is 32 years old, with seven years

required to purchase a portable computer which will

international business, investment and portfolio

of full-time work experience.

give them the opportunity to hone their computer

management, management, marketing, and supply

skills as well as gain access to greater resources.

chain management.

accountants,

information

system

Australia & New Zealand

The curriculum structure, teaching approach and

Asia Pacific

and abroad. Finally, the HEC Montréal Alumni HEC Montréal, founded in 1907, is the oldest

The MBA Career Guide Fall 2009 123

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Programme Type: Full-time MBA Part-time MBA Master of International Business Master of Finance Master of Arts in International Relations Specialisation by Function: Accountancy & Financial Entrepreneurship Finance General Management Innovation / Knowledge Management

International Management / Business Leadership Marketing Strategic Management International Business Specialisation by Industry: Banking / Financial Services Consulting Education IT / Telecommunications Pharmaceutical / Bio-Medical Retail / Consumer Goods Global management and

North America

Latin America

Hult International Business School international business Course Information Start Dates: September Programme Duration: 12 months Tuition Fee: MBA: Boston-52,500 (USD) Dubai- 52,500 (USD) London- 31,800 (GBP)

Admission Deadlines: Round #1- October 11, 2009 Round #2- December 13, 2009 Round #3- March 7, 2010 Round #4- April 25, 2010 Round #5- June 27, 2010 Entry Requirements: Avg. GMAT Score: 580 TOEFL/IELTS Score Min. Years of Work Experience: 3 Application Fee: USD ($) 150

Contact: Alice Huang, Global Head of Recruiting Hult International Business School 1 Education Street Cambridge, MA 02141 United States of America Tel: +1 617 746 1990 Fax: +1 270 897 5224 Email: admissions@hult.edu Web: www.hult.edu

receive the same fully accredited one-year

university graduates and outstanding candidates

MBA education of identical quality, using

with up-to three years of work experience. Taught

an identical curriculum. Students will spend

by the same faculty and following an abbreviated

nine months at their home campus (Boston,

version of Hult’s top-ranked MBA curriculum,

London, or Dubai) for the core courses.

many students graduate to exciting and rewarding

When students move on to their elective

careers at multinational companies. The unique

modules, they will be given an option to

MIB internship elective helps students gain the

go to Hult’s other campuses to take their

business experience necessary to succeed in today’s

elective courses. Shanghai’s satellite campus

job market. Companies participating in the MIB

is available during the first elective module.

Internship Program in Europe include: Estee Lauder, Bloomberg, MSK Global and World Future Council.

Europe

Top ranked one-year U.S. MBA-Ranked #1 Hult’s Action Learning Project by The Economist for post graduation salary Action Learning is the combination of theoretical Financial Aid classroom training with real-life business simulations Our goal is to make it possible for every accepted increase Hult International Business School is a top-ranked

and Action Learning Projects. This hands-on

student to come to Hult. We recognize that an MBA

international business school with operations in

approach to learning is the cornerstone of our

is a big investment and that student resources vary

Boston, London, Dubai and Shanghai. The school

progressive curriculum. Our graduates consistently

greatly in different parts of the world. We have different

offers a range of business-focused programs

rank Hult’s Action Learning Project as one of the most

types of financial aid available, including merit-based

including

Undergraduate

rewarding and challenging parts of their experience.

scholarships, need-based grants, and guaranteed

degrees. Hult is ranked 31st in the world and 16th

Students work on small teams, advised by a faculty

educational loans for international students.

in the U.S. by The Economist Intelligence Unit

member, to help organizations grow or turn around

and 6th for International Mobility by the Financial

their businesses. Clients for Hult students’ projects

Times. Hult remains a microcosm of the world with

have included UBS, Dell, IBM, Accenture, and EF.

MBA,

Master’s

and

Asia Pacific

Testimonials: “There are few schools that truly offer a global

a student body that is 95% international. Hult’s rigorous program attracts experienced professionals

Global career opportunities

business education today. Hult offered me a

who are focused and prepared to earn their MBA in

Hult’s Career Services team specializes in helping

curriculum

one year. The “globalcentric” faculty and curriculum

international students find global employment

application while teaching me about doing business

leverage the unique cultural background of each

opportunities. Companies around the world are

in different cultural settings. Be it through the highly

student, developing managers and leaders who

recruiting MBA graduates. As the first truly global

international student body, the four campuses in

can communicate across cultures and countries.

business school, we have based Career Services

today’s economic hotspots or its faculty consistent of

Affirming Hult’s success, we have an alumni network

personnel in Boston, London, Dubai, and Shanghai.

accomplished practitioners rather than academics.”

of 5500 in 120 countries around the globe. They hold

Our team is ready to assist you in defining and

high level positions at companies such as Goldman

realizing your next career move, whether you want

Kay Witte

Sachs, McKinsey, Deloitte, Bain and Company, Bank of

to be in the U.S., Europe, Asia or the Middle East.

Global Materials Management

Motorola, IBM, and Colgate Palmolive.

focused

on

immediate

practical

Knauf Group, Germany

America, Pepsi, Dell, Johnson and Johnson, Novartis,

Australia & New Zealand

Student Profile

Master’s programs Hult offers postgraduate degrees in International

“The year I spent at the school was one of the most

One Global MBA, Four Locations

Business (MIB), Finance (MFIN), and International

wonderful experiences of my life. The school’s

The world is increasingly interconnected with a

Relations (MAIR). Whether you have zero to ten years

international environment, my new friends, the high

single global economy emerging. Recognizing the

work experience, you will gain valuable skills and

quality faculty, and a city that has it all... What else

importance of a truly global perspective and the

specialist knowledge and learn from an exceptional

could I have asked for? This program made me think

exciting career opportunities that are available in

faculty.

seriously about my next career move and made me

the world’s fastest growing economies, Hult’s Global

confident in my entrepreneurial capabilities.”

Master of International Business with insights into the world’s key economies. You can opt Internship Elective Program Rotation Program allows students to gain critical

Javier Marin

to pursue your MBA in Boston, London, or Dubai. No

Hult’s Master of International Business has been

CEO and Founder, Hispanic News Press

matter which home campus you choose, you will

specifically adopted to meet the needs of recent

Venezuela

124 The MBA Career Guide Fall 2009

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THE OREGON M.B.A.

UNLIKE ANY OTHER

FOCUSED. EXPERIENTIAL. PERSONAL. We call it the Oregon Advantage. The Oregon M.B.A. combines a solid foundation of core business courses with targeted electives and myriad applied learning opportunities focused on our four signature centers in

p4FDVSJUJFT"OBMZTJT p4VTUBJOBCMF#VTJOFTT1SBDUJDFT p*OOPWBUJPO&OUSFQSFOFVSTIJQ p4QPSUT#VTJOFTT These centers describe what Oregon is all about: hands-on, progressive, technologically sophisticated, active, socially and environmentally responsible. It’s all housed under one amazing roof at the Lillis Business Complex...ranked the sixth best business school facility in the U.S. by The Princeton Review. To request more information, please visit www.oregonmba.info

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rock-ADMOF692.indd 1

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Personalize your business school ranking using topmba.com/scorecard

Budget Faculty Strength Program Strength Return on Investment School Specializations

QS Search and Scorecard is the world’s most innovative method to personalize your business school rankings. Choose from several criteria to form a shortlist of schools that uniquely suit you. It’s crammed with features, expert Q&A chats and articles to help you find your way to the top of the MBA pile.

www.topmba.com/scorecard Scorecard.indd 2

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Programme Type: Full Time MBA Part Time MBA Executive MBA Joint Degree Programmes Offered: MBA + JD MBA + MSc (Engineering) MBA + Public Policy; MBA + Communications; Specialisation by Function: Accountancy & Financial Brand Management Entrepreneurship Finance General Management Information Management

IT Management Leadership Marketing Operations Management Strategic Management Supply Chain Management Consulting; Portfolio Mgmt; Real Estate; Energy Finance;e-business

Start Dates: August

Specialisation by Industry: Banking / Financial Services Consulting IT / Telecommunications Oil & Gas Real Estate Retail / Consumer Goods Venture Capital & Private Equity

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 260 Min. TOEFL Paper Based Score : 620 Min. Years of Work Experience : 0

Full Time Course Information

Part Time Course Information Start Dates : September

Programme Duration: 22 months

Programme Duration : 24 months

Tuition Fee: USD ($) 42500 / Per Year

Application Fee : USD ($) 125

Tuition Fee : USD ($) 0 / Per Credit Executive Course Information Start Dates: September Programme Duration : 24 months

Contact: McCombs Admission Committee, Admission Staff McCombs School of Business, Univ. of Texas at Austin MBA Program Office 1 Univ. Station B6004 Austin, TX 78712-0205 United States of America Tel: 512-471-7698 Fax: 512-471-4131 Email: McCombsMBA@McCombs. utexas.edu Web: mba.mccombs.utexas.edu

Tuition Fee : USD ($) 0 / Per Credit

North America

Latin America

McCombs School of Business Univ. of Texas at Austin

Student Profile The culture at McCombs—consistently identified as a key differentiator—creates a truly distinctive atmosphere that blends rigorous intensity and laidback collegiality; social activity and individuality; a sense of community and an appreciation for diversity. The class of 2011 comes from a variety of geographic, academic and professional backgrounds.

While

31 percent are already in Texas, 44 percent come from across the country and 25 percent bring

Europe

an international perspective to the classroom. McCombs offers a welcoming environment for students from all backgrounds—a value confirmed by our commitment to national organizations like the Forté Foundation, the Consortium for Graduate

Australia & New Zealand

Asia Pacific

Study in Management and Management Leadership At the McCombs School of Business, we are focused

of exchange program options and study trips gives

for Tomorrow.

on developing influential business leaders. The Texas

students the ability to expand their worldview of

sponsored activities and student organizations,

MBA is driven by market-based specializations and

business and society. Program roadmaps help guide

Texas MBAs are encouraged to explore and share

hands-on learning opportunities that plug MBAs

MBA students through the broad choice of curricular

their diverse experiences. Students spend much of

directly into the pulse of business. With accolades

and extra-curricular offerings.

The extensive

their first semester in cohorts—groups of about 65

in all core business disciplines, McCombs offers the

resources of the University of Texas at Austin, one

students - designed to draw on the complementary

opportunity to learn from world-renowned scholars

of the world’s top research universities, ensure that

cultural, professional and social backgrounds of each

and interact with industry leaders at multiple levels

leading scholars bring theoretically grounded and

incoming class. These groups are the cornerstones of

to give students a comprehensive understanding of

practically relevant thinking to the classroom. With

McCombs’ collaborative culture. As project partners,

global business. At McCombs you’ll find a rigorous,

an 80-year tradition of business education and an

study groups or even softball teammates, cohort-

yet collaborative academic approach that will allow

alumni network more than 80,000 strong, McCombs

mates are together from day one.

you to develop a course of study that capitalizes

offers an almost limitless array of possibilities – for

on your interests while giving you a rock solid

leadership, for innovation, for making connections

foundation in business. Our strategic partnerships

that will last a lifetime.

Through study groups, school-

with industry and alumni do more than build careers for Texas MBAs. They create unique opportunities for

Located in Austin, the Texas MBA program draws

our students to apply their knowledge in meaningful

on relationships with businesses around the nation

ways – well before graduation. These alliances also

and around the world. Known for its reputation as

allow for exciting collaboration between our faculty

a hub for leading edge technology and innovation,

and industry – a dynamic combination that results

venture capital, and entrepreneurship, Austin is a

in top-quality research, qualified graduates with

cultural magnet for live music and independent

hands-on experience, and a curriculum that adjusts

film. The city is among the most educated cities in

to meet real-world challenges. The Plus Program, the

the United States and attracts a diverse MBA student

MBA Investment Fund, Venture Fellows, MOOT Corp

body, leading to a remarkable sharing of viewpoints,

Competition, and other opportunities bring real

experiences, and ideas.

world experiences to students from day one. A range 128 The MBA Career Guide Fall 2009

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Joint Degree Programmes Offered: MBA + JD MBA + MD Specialisation by Function: Finance Marketing Global Strategy and Leadership,

Technology and Innovation Management Specialisation by Industry: Banking / Financial Services Consulting IT / Telecommunications Non - Profit Organisation Pharmaceutical / Bio-Medical Public Sector Real Estate Retail / Consumer Goods Venture Capital & Private Equity Entrepreneurship

Full Time Course Information Start Dates: September

Min. TOEFL Paper Based Score : 600 Min. IELTS : 7 Min. Years of Work Experience : 2

Programme Duration: 20 months

Application Fee : USD ($) 100

Tuition Fee: USD ($) 25,000 / Per Year Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 250

Contact: Antoinette Molino, Assistant Director, Admissions Desautels Faculty of Management at McGill University Bronfman Building 1001 Sherbrooke Street West Montreal, Quebec H3A 1G5 Canada Tel: 514-398-4066 Fax: 514-398-2499 Email: mba.mgmt@mcgill.ca Web: http://www.mcgill.ca/mba/

MBA takes place over 20

and

months and features an

Studying and often living just steps from the bustling

experiential

approach,

downtown business core, Desautels MBA students

mandatory

experience first-hand the fast-paced dynamics that

such

as

a

case

competition

internship,

and

business

culturally-enriching

learning

experience.

drive one of Canada’s leading and most culturally diverse business centres.

practicum or international exchange.

International Network Our

graduates

recognized most

among

Student Profile

North America

Programme Type: Full Time MBA Executive MBA

Latin America

Desautels Faculty of Management at McGill University

are the

internationally

mobile in the world and eager to make a positive

international among today’s leading business

graduates are fully prepared to assume roles as

schools. With over half of its student body hailing

managers in an ever more international business

from over 30 different nations, and with two-thirds

environment. What’s more, they benefit immensely

of its faculty coming from abroad, the curriculum

from McGill’s worldwide network of alumni and its

naturally leans toward advancing an understanding

reputation with recruiters across all sectors and

of global issues.

countries.

Ranked time and again among world’s top

Education with Relevance

universities, McGill is renowned for its high academic

Reaching far beyond the conventional educational

standards, its world-class faculty and an international

models, the Desautels MBA rises above the mechanics

perspective that is unsurpassed in North America.

of traditional business disciplines such as marketing,

Europe

their

finance and accounting. The MBA program focuses Considered among one of the top international

on the integrated thinking managers need to solve

business schools by such leading publications as

multi-disciplinary problems. Students from diverse cultural, academic, and

BusinessWeek, Forbes, America Economia, Le Figaro and Canadian Business, the Desautels Faculty of

Integrated Management

professional backgrounds find that the Desautels

Management at McGill University continues to

Over the past decade, business has become

MBA program offers them the challenge they

attract not only the best students, but also the most

increasingly complex, global and interconnected.

are looking for in graduate business education.

prominent professors and the most demanding

To enable students to manage and lead in such an

Inquisitiveness, openness to learning and to

recruiters from around the world.

environment, the Desautels Faculty of Management

embracing new ideas, high motivation, and

has adapted its reinvented MBA program to think

intelligence are typical characteristics of those who

Redesigned Curriculum

about business in a holistic manner, particularly

succeed in the Desautels MBA program.

The refreshed MBA curriculum, launched in 2008,

the interconnections between core disciplines. This

focuses on maximizing student preparation for future

new approach embraces the idea that there are no

At McGill, students not only study international

careers through a stream-lined, modular Core and an

marketing, accounting or operational problems to

business issues, they are challenged by them

updated selection of concentrations. Emphasizing

be addressed. Rather, there are business problems to

everyday in their discussions with their classmates.

the significant teaching and research strengths of

be solved and opportunities to be seized.

With over half of the student body coming from

McGill’s international faculty while responding to

abroad, students gain a global perspective from

current business imperatives, the curriculum offers

Magnificent Montreal

their colleagues. A small class size and the program’s

an integrated multi-disciplinary, problem-solving

Montreal, a bilingual city located in the heart of

collaborative spirit further enhance the international

approach grounded in practice. The redesigned

North America, is unrivalled in delivering a unique

experience in the program.

Asia Pacific

to

profession and communities. Globally minded MBA

Australia & New Zealand

contribution The Desautels MBA program is one of the most

The MBA Career Guide Fall 2009 129

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Monterey Institute of International Studies

Latin America

Programme Type: Full Time MBA One Year MBA Joint Degree Programmes Offered: MBA + MA Master’s International MBA with Peace Corps Specialisation by Function: Accountancy & Financial Decision Science Economics Entrepreneurship Finance General Management

International Management / Business IT Management Leadership Logistics Marketing Operations Management Organisational Behavior Public Administration Strategic Management Supply Chain Management Corporate Social Responsibility, Environmental Management, Globalization/Localization Management

Specialisation by Industry: Banking / Financial Services Consulting Environment IT / Telecommunications Non - Profit Organisation Venture Capital & Private Equity High Tech Full Time Course Information Start Dates: January August

Tuition Fee: USD ($) 31000 / Per Year Entry Requirements: Min. GMAT Score : 500 Min. TOEFL Computer Based Score : 220 Min. TOEFL Paper Based Score : 550 Min. IELTS : 6.5 Min. Years of Work Experience : 2 Application Fee : USD ($) 50

Programme Duration: 18 months

The Monterey Institute campus provides a microcosm

North America

of the international business environment. About

Contact: Caroline Mansi Enrollment Manager Monterey Institute of International Studies MBA program 460 Pierce Street Monterey, CA 93940 United States of America Tel: (831) 647-4123 Fax: (831) 647-6405 Email: caroline.mansi@miis.edu Web: www.miis.edu

Student Profile

half of the student body is from overseas, and all

The Fisher International MBA program at the

are multilingual. When walking across campus one

Monterey Institute of International Studies is

overhears conversations on important global issues

characterized by its diverse student body, comprised

being discussed in many different languages. The

of 50% international students and 50% women. At

Monterey Institute campus provides a learning

the Monterey Institute, Fisher International MBA

environment that is rich and challenging, but

students find an unmatched faculty and staff,

prepares graduates with an experience, perspective,

excellent instructional technology and research

and a network of contacts that promote success in

facilities, an involved administration, and links to

international business

internships and job placements around the world.

Monterey Institute of International Studies has

Fisher MBA candidates may choose to pursue an

Our students arrive with strong academic experience,

been providing MBA degrees with an international

MBA in International Management in order to

international knowledge and perspective, and a

emphasis for over 30 years and is accredited by

develop their resume, build networks, gain new skills

broad range of previous work experience including

AACSB International, the premier accrediting agency

and position themselves for career development

software engineers, entrepreneurs, linguists, non-

for schools of business.

and advancement. Students may choose from the

profit managers, accountants, former Peace Corps

following list of specializations, or design their own:

volunteers, and many others.

internationally recognized for excellence by the

• Entrepreneurship

We consider each student’s background and career

Financial Times Top 100 International MBA Programs;

• International Marketing

interests in designing his or her course of study.

and for the past three years, the Princeton Review and

• International Finance

For example, students with previous academic

Entrepreneur Magazine have ranked the Monterey

• International Trade Management

background in business may complete the Advanced

Institute MBA as one of the top graduate schools

• International Environmental Management

Entry MBA in one year. Students with little or no

committed to success in entrepreneurial endeavors.

• Globalization/Localization Management

previous business experience complete the Two Year

• Corporate Social Responsibility

MBA - the first year focusing on core business skills,

The Fisher International MBA prepares professionals

• Public and Non-profit Management

the second year on specific areas of interest.

to succeed in today’s complex, cross-cultural business

• Global Business Management

Australia & New Zealand

Asia Pacific

Europe

The Fisher International MBA program at the

The Fisher International MBA program has been

environments. Monterey Institute alumni have built

Fisher International MBAs are noted by leading

careers in every corner of the business world, and are

Fisher MBA students at the Monterey Institute are

business media to have strong skills necessary to

involved in key emerging markets. Nearly half of all

taught by international faculty with real-world

success in international business. All MBA students

recent graduates work in finance and accounting, and

business experience and research interests, who are

take three courses in common called the International

a quarter in marketing and sales. Other career tracks

practical in orientation in both their teaching and

MBA Core —International Organizational Behavior

pursued by Fisher MBA graduates include consulting,

scholarship. 100 percent of our full-time Fisher MBA

and Global Business Strategy—and the capstone

international management, and entrepreneurship.

faculty members hold a Ph.D. which provides them

International Business Plan. This International MBA

The top employers of our graduates include: HSBC,

the foundation to conduct research and teach courses

Core is the hallmark of a Monterey Institute MBA and

HP, Fujitsu, IBM, Intel, Microsoft, Deloitte & Touche,

that incorporate concepts and business models on

distinguishes our alumni from graduates of other

Accenture, Adobe Systems, and Cisco Systems.

the cutting edge of international business.

programs.

The Fisher International MBA at the Monterey

Upon graduation, Fisher International MBAs become

Institute of International Studies is located in the

entrepreneurs, get involved with start-ups, take

heart of California’s beautiful central coast and only

government or non-governmental positions, or join

a short driving distance away from San Francisco

the global team of companies operating worldwide.

and Silicon Valley. The school’s strategic location and its ranking as one of the top MBA programs in the USA for entrepreneurs is a very attractive mix for prospective MBA students. 130 The MBA Career Guide Fall 2009

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Joint Degree Programmes: JD / MBA MBA / MFA MBA / MS in Mathematics in Finance MBA / MPA MBA / MA in French Studies MBA / MA in Politics MS in Biology / MBA Dual MBA with HEC Specializations: Accounting Banking Corporate Finance Data, Models and Decisions Economics

Entertainment, Media, and Technology Entrepreneurship and Innovation Finance Financial Instruments and Markets Financial Systems and Analytics Global Business International Finance Law and Business Leadership and Change Management Management Management of Technology and Operations Marketing Product Management Quantitative Finance Social Innovation and Impact Strategy Supply Chain Management and Global Sourcing

Full Time Course Information Start Dates: August Programme Duration: 22 months Tuition Fee: USD ($) 46,580 / Per Year Fall 2009 Full Time Admitted Class: (as of July 1, 2009) Average GMAT: 717 GMAT 80% range: 680 - 760 Average undergraduate GPA: 3.5 Undergraduate GPA 80% range: 3.0-3.8 Application Fee: USD ($) 215

Part Time Course Information Start Dates: January September Programme Duration: 36 months Tuition Fee: USD ($) 1,515 / Per Credit Executive Course Information Start Dates: January August

Contact: NYU Stern MBA Admissions Henry Kaufman Management Center 44 West Fourth Street, Suite 6-70 New York, NY 10012-1126 United States of America Tel: +1 (212) 998-0600 Fax: +1 (212) 995-4231 Email: sternmba@stern.nyu.edu Web: www.stern.nyu.edu/ admissions

Programme Duration: 22 months Tuition Fee: USD ($) 137,000 / Total Program Cost

Leveraging Location

Consulting Group; Citi; Colgate-Palmolive; Credit

No other business school leverages a city as its

Suisse; Deloitte; Deutsche Bank; Disney; Education

classroom the way we do. And we are not just in any

Pioneers; General Electric; Goldman Sachs; Google;

city. We are in New York City – the business capital

HBO; Johnson & Johnson; JPMorgan Chase; Kraft

of the world. We integrate experiential learning

Foods; L’Oréal; McKinsey & Company; Morgan

throughout our program. Our aim is not only to

Stanley; Novartis; Time Inc.; and Unilever.

prepare students for the next job, but also to develop enduring real-world leaders.

North America

Programme Type: Full Time MBA Part Time MBA Executive MBA

Latin America

Stern School of Business, New York University

Student Profile

me to attend business

together on class projects, but help prepare each

school.

other for job interviews, and partner with the school’s

were

leadership to drive new initiatives. Our graduates

location was ideal, and

capitalize on the Stern experience, gaining the ability

I already knew it had an

to lead teams and impact organizations.

excellent reputation.

The

people

genuine,

the

IQ plus EQ

As a student, I made lifelong friends who had

High test scores alone do not create inspiring

such passion for their goals. They had a thirst for

leaders – it also takes emotional intelligence, or EQ.

knowledge both inside and outside the classroom.

We shape the Stern community with individuals

Stern professors were so engaging, and the

who possess both intellectual and interpersonal

diversity of student backgrounds provided a unique

strengths. We provide countless opportunities to

opportunity to learn from my peers.

further develop these skills. You’ll experience this in

Downtown. Down to Earth. Down to Business.

our unique admissions process and our impressive

The Graduate Marketing Association and Media,

array of student activities.

Entertainment, & Sports Association were particularly

At NYU Stern, you will get more than a business

valuable for my career development because they

education; you will be transformed. We develop

A Corner on the Market

provided informal networking opportunities among

leaders equipped to take on the new challenges of

Our downtown location, deep ties to New York’s

students with similar career interests. The skills and

business. Our approach is unique, and is rooted in

leading enterprises, and powerful alumni network

leadership techniques I learned from professors,

four core values.

ensure a strong record of placement success. In the

career counselors, and peers were crucial to both my

words of Gary Fraser, Dean of Students, Associate

summer internship and full-time offer from Unilever.

Academic Excellence

Dean of MBA Student Affairs and Stern alumnus,

As one of the world’s leading research universities,

“We want companies to ‘think Stern’ as they develop

Socially, the highlight of my business school

academic excellence is always a top priority at NYU

their long- and short-term hiring goals. The Office

experience was serving as president of the Stern Rugby

Stern. Our faculty members are globally recognized

of Career Development is committed to developing

Club. We played against other top business schools,

as leaders in their field, and their research and ideas

relationships that match students’ skills and strengths

which was an incredible bonding experience for our

shape the world of business. Our faculty rank among

with the needs of employers. It’s our mission to

team. After two years, there is no doubt that Stern far

the largest of any top business school. We have

deliver great talent to great companies.”

exceeded my academic and career expectations, and

deep expertise not only in Finance, Management,

fellow students made my business school experience

Marketing, and Entrepreneurship – but also in more

More than 300 organizations employed Stern

specialized fields including Entertainment & Media,

students in the last two years, including: American

Luxury & Retail, and Social Enterprise.

Express; Bank of America; Booz & Company; Boston

even more rewarding.”

Asia Pacific

it was the best place for

support and collaboration. Students not only work

Australia & New Zealand

for the first time, I knew

At Stern, our values are clear: we believe in mutual

Europe

“After visiting NYU Stern

Collaborative Community

Elliott Wiley, MBA 2009 The MBA Career Guide Fall 2009 131

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Programme Type: Full Time MBA Part Time MBA Executive MBA Joint Degree Programmes Offered: MBA + JD MBA + MD MBA + MHA MBA/PharmD

Business Leadership Logistics Manufacturing Management Marketing Operations Management Organisational Behavior Risk Management Strategic Management Supply Chain Management Wealth Management

Specialisation by Function: Brand Management Engineering Business Entrepreneurship Finance General Management Health Care Management Human Resource Management International Management /

Specialisation by Industry: Banking / Financial Services Consulting FMCG - Fast Moving Consumer Goods Hospitality IT / Telecommunications Non - Profit Organisation Pharmaceutical / Bio-Medical

North America

Latin America

Max M. Fisher College of Business The Ohio State University Real Estate Retail / Consumer Goods Full Time Course Information Start Dates: September Programme Duration: 21 months Tuition Fee: USD ($) 80,583 / Total Program Cost Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Internet Based Score : 100 Min. TOEFL Paper Based Score : 600 Min. IELTS : 7.5 Min. Years of Work Experience : 0

Application Fee : USD ($) 70 international USD ($) 60 domestic

Tuition Fee : USD ($) 73,500 / Total Program Cost

Part Time Course Information Start Dates : Rolling

Contact: David Smith, Executive Director, Graduate Programs Office Max M. Fisher College of Business, The Ohio State University 100 Gerlach Hall 2108 Neil Ave Columbus, Ohio 43210 United States of America

Programme Duration : 24 months Tuition Fee : USD ($) 57,114 / Total Program Cost Executive Course Information Start Dates: December Programme Duration : 18 months

marketing to organizational behavior, from decision making to logistics, Fisher faculty are shaping the future of business.

Tel: +11 (614) 292 8511 Fax: +11 (614) 292 9006 Email: mba@fisher.osu.edu Web: fisher.osu.edu/mba

Student Profile At Fisher College of Business, success is defined by the character of its people and connections with

*Interaction with top executives from major the global community. Fisher’s small classes instill a companies and organizations sense of community and kinship, building a “learning There are numerous opportunities for students to

by doing” environment. As a result, graduates add

network with Fisher College’s extensive alumni base.

immediate value to their employers and to the

Through the college’s on-campus recruiting program,

world.

Europe

representatives from more than 300 top companies attend career conferences, job forums and internship

Fisher’s small classes also ensure that students can’t

fairs. The Office of Career Management actively

hide in the back of the classroom. Students are

partners with students, helping students with career

encouraged to engage faculty and fellow students in

t Ohio State’s Fisher College of Business, MBA

direction, resume writing, negotiation, personal

lively debate and to provide valuable input on the

students benefit from a small, intimate program

marketing and interviewing techniques. And, a

state of the program and curriculum.

combined with the extensive resources of a major

sophisticated database program helps students

research university. Fisher College’s academically-

easily identify a broad list of potential employers.

A

rigorous MBA program enables a high level of faculty

Over the past year Fisher has placed even greater emphasis on the importance of ethics, honesty and

*Rigorous, team-oriented curriculum based accountability. In response, students committed to build relationships in and out of the classroom, on real-world learning experiences and ethical behavior within the college and workplace by including networking and mentoring opportunities leadership development creating the college’s first honor code. The students

Asia Pacific

interaction and is focused on teamwork. Students

with top executives and alumni. The college offers

Fisher’s curriculum is rigorous, challenging and

also facilitated fundraisers, hosted charity drives and

a strong Leadership and Professional Development

relevant. Because of the program’s small size, the

partnered with companies on volunteer activities.

Curriculum that is structured outside the confines

college can adapt curriculum quickly to address

of a formal classroom. Through this curriculum,

current business topics. In addition, Fisher’s world-

This

students gain leadership experience and develop

renowned faculty bring their research into the

the fact that Fisher students create and execute

their skills based on their individual interests and

classroom, leaving graduates well-prepared to

innovative ideas. They are self-motivated leaders

professional goals. Highlights include:

address challenges in the business world. Providing

who affect positive corporate change. They enjoy

MBA students with the critical global expertise they

challenging our equally motivated professors and

community-minded

leadership

reinforces

Australia & New Zealand

*A state-of-the art, six-building integrated will need is another area where Fisher excels. MBA take advantage of our faculty’s groundbreaking business campus students can experience foreign languages and research. Most importantly, they are risk takers who Fisher’s campus offers the latest in technology in a

cultures through a variety of non-credit workshops,

are not afraid to stand out and make a significant

comfortable learning environment.

speakers, or other events. For those who want to

impact on the world.

travel, options include MBA courses with short term

*High-impact teaching from a renowned travel abroad, longer term study abroad at any of the Fisher continues to garner international recognition research faculty college’s 20 international partners, or participation for its ability to produce leaders who reshape MBA courses are taught by senior-level faculty

in programs offering global service learning or

the world of business. Intelligence, intensity,

who

researchers

consultancy opportunities during internship or

collaboration, community and impact not only define

and consultants. Their knowledge of business

following graduation. Fisher hosts numerous

the Fisher experience but the students, faculty, staff,

management principles and current business

successful experiential learning programs that

and alumni who embody the Fisher community.

issues—plus their ability to apply that knowledge

involve small student consulting groups.

are

experienced

educators,

in the classroom—is a stimulating and challenging

resource for an enriched educational experience. From finance to manufacturing strategy, from 132 The MBA Career Guide Fall 2009

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Leadership Marketing Dispute Resolution

Joint Degree Programmes Offered: MBA + JD MBA/Masters of Public Policy Specialisation by Function: Change Management Entrepreneurship Finance General Management International Management / Business

Specialisation by Industry: Banking / Financial Services Media & Entertainment Non - Profit Organisation Retail / Consumer Goods Venture Capital & Private Equity Full Time Course Information Start Dates: August Programme Duration: 20 months

Tuition Fee: USD ($) 18758 / Per Semester

Programme Duration : 24 months

Entry Requirements: Min. GMAT Score : 600 Min. TOEFL Computer Based Score : 250 Min. TOEFL Paper Based Score : 600 Min. IELTS : 6.5 Min. Years of Work Experience : 1

Tuition Fee : USD ($) 1310 / Per Credit Executive Course Information Start Dates: September Programme Duration : 20 months

Application Fee : USD ($) 75

Tuition Fee : USD ($) 0 / Per Credit

Part Time Course Information Start Dates : January, May, August

Contact: Paul E. Pinckley, Sr., Executive Director of Student Recruitment, Full-time Programs Pepperdine University, The Graziadio School of Business and Management 24255 Pacific Coast Highway Malibu, CA 90263-4858 United States of America Tel: +001(310) 506-4858 Fax: +001(310) 506-4876 Email: gsbmadm@pepperdine.edu Web: www.bschool.pepperdine. edu

- For full-time students

commitment to teaching. • Pepperdine is strategically located to provide

MBA

entrée to the global marketplace. The campus in

International MBA

Malibu is just minutes from the exciting, thriving

JD/MBA

metropolis of Los Angeles, a truly international city

MBA/Master of Public Policy

embracing diverse cultures and a broad spectrum

MSc in Applied Finance

of industries and opportunity.

MSc in Global Business

North America

Programme Type: Full Time MBA Part Time MBA Executive MBA

• If selected to participate, you have the option of

Nestled between the Pacific Ocean and the

Latin America

Pepperdine University The Graziadio School of Business and Management

gaining international experience and perspective

- For executives

by taking some of your courses at a prestigious

Executive MBA

university in Europe, Asia, or Latin America.

Presidential Key Executive MBA

a spectacular view with a temperate climate. It is

Accreditation and Recognition:

Scholarships:

located about 35 miles northwest of its metropolitan

Pepperdine’s MBA programs continue to be

Approximately 43 percent of our students receive

neighbor, Los Angeles.

recognized for quality and innovation by many of the

some scholarship and/or graduate assistantship

nation’s leading graduate business school rankings.

funds. To be considered for a scholarship, you must be

The following are highlights from selected rankings:

accepted for admission and submit the Application for

Founded on the core values of integrity, stewardship, courage, and compassion, Pepperdine University’s

Scholarship form included in your application packet.

Graziadio School of Business and Management

• Forbes magazine ranks the Graziadio School’s

Merit-based scholarships are awarded for the duration

has been developing values-centered leaders

Fully Employed MBA program among the Top 20

of your enrollment at the Graziadio School and take

for contemporary business practice through a

business schools for return on investment for a

into consideration your academic and professional

commitment to education that is entrepreneurial in

MBA degree. Forbes magazine also ranks the Full-

experience. The Scholarship Committee awards

spirit, ethical in focus, and global in orientation since

time MBA program among the Top 60 leading

scholarships throughout the admission cycle. The

1969.

business schools in the nation.

deadline is the same as the application deadline for each

of Science, and bachelor’s completion business

Magazine

ranks

the

Graziadio School among the Top 20 in the nation for Leadership Development programs.

programs provide personalized attention in an

• Financial Times ranks the Graziadio School’s

intimate setting, emphasis on applied and relevant

Executive MBA program among the Top 50

business practices, and the convenience of five

worldwide.

program; however, early application is recommended.

Student Profile

Asia Pacific

Our portfolio of fully accredited MBA, Master

Excellence

Domestic: 64% International: 36%

campus locations throughout Southern California.

• The Wall Street Journal ranks the Graziadio School’s

With an alumni network of more than 32,000

Full-time MBA program among the Top 50 in the

Female: 43%

business professionals, the Graziadio School delivers

nation by regional recruiters.

Average class size: 26

Male: 57%

superior quality of experience, depth of knowledge

• U.S. News & World Report’s 2007 online edition of

and flexibility for professionals continuing their

America’s Best Graduate Schools lists Pepperdine’s

Average undergraduate GPA: 3.3

education as full-time students, fully-employed

Full-time MBA program among the Top 100 in the

Average Work Experience: 5 years

degree recipients and senior executives.

nation.

Average Age: 26

• QS TopMBA, the world’s leading information site for

GMAT Average: 640

Percentage receiving financial aid: 66%

Pepperdine Advantage:

MBA applicants and students, ranked the Graziadio

• Our approach is hands-on, experiential, practical,

School among the top 15 most diverse business

Undergraduate Major:

schools in the nation.

Business and Management 40%

and results-oriented. The curriculum emphasize real-world applications and is taught in small,

Economics 14%

Academic Programs:

Social Science 13%

- For fully employed students

Humanities 13%

School faculty, who are successful scholars,

Fully Employed MBA

Natural Science 6%

executives,

Fully Employed MBA for BSM Graduates

Engineering 3%

MSc in Management and Leadership

Other 11%

collaborative classes of about 26 students. • Among your greatest resources are the Graziadio entrepreneurs,

and

business

consultants who share a common passion for and

Australia & New Zealand

• Leadership

Europe

mountains, Pepperdine’s Malibu campus enjoys

The MBA Career Guide Fall 2009 133

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Latin America

Rice University, Jesse H. Jones Graduate School of Business Programme Type: Full Time MBA Part Time MBA Executive MBA

Specialisation by Industry: Banking / Financial Services Consulting Oil & Gas

Joint Degree Programmes Offered: MBA + MD MBA + MSc (Engineering)

Full Time Course Information Start Dates: August

Specialisation by Function: Accountancy Entrepreneurship Finance Management Marketing Strategic Management

Programme Duration: 22 months Tuition Fee: USD ($) 40,000 / Per Year

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 250 Min. TOEFL Paper Based Score : 600 Min. Years of Work Experience : 2 Application Fee : USD ($) 125 Part Time Course Information Start Dates : August

Tuition Fee : USD ($) 86,000 / Total Program Cost Executive Course Information Programme Duration : 22 months Tuition Fee : USD ($) 91,500 / Total Program Cost

Programme Duration : 22 months

Contact: Melissa Blakeslee, Director of Admissions Rice University, Jesse H. Jones Graduate School of Management 6100 Main Street, MS-531 109 McNair Hall Houston, Texas 77005 United States of America Tel: 001 (713) 348-4918 Fax: 001 (713) 348-6147 Email: ricemba@rice.edu Web: jonesgsm.rice.edu

and internationally. In fact, 30 percent of first year

North America

students hail from outside the United States. A variety of student organizations are available and many sponsor guest speakers, visit area businesses, and take on special projects. In addition, weekly corporate-sponsored “partios”—parties on the Jones School patio—provide relaxation and opportunities to network and bond with fellow students.

CAREER SERVICES The Career Management Center (CMC) serves to support each student’s development of a career plan throughout their two years at the Jones School. From day one of immersion to graduation, the CMC works

Asia Pacific

Europe

individually with students to ensure they develop the strategy, job search skills, and networking opportunities that will help them succeed in the MBA job market.

AT A GLANCE

CAMPUS AND LOCATION

Rice University aspires to path-breaking research,

Rice University is located on a beautiful wooded

excellence in teaching and contributions to the

300-acre campus in central Houston, minutes from

enhancement of our world. As the university’s

the downtown business district and the city’s world-

Parker Meeks

business school, The Jesse H. Jones Graduate School

class theater district. The campus is located across

Rice MBA Class of 2005

of Management adheres to those same values

the street from the renowned Texas Medical Center

to cultivate a diverse community of learning and

and within walking distance to the museum district,

Business school encourages creative thinking, not

discovery.

Houston Zoological Gardens, and Hermann Park.

one specific right answer. You also get the benefit

More specifically, the Jones School develops

FACULTY AND ACADEMIC PROGRAMS

different backgrounds, think differently, and come

principled, innovative thought leaders in global

Every course offers unparalleled opportunity to

up with solutions that I would never have considered.

communities. Through a combination of rigorous

work one-on-one with an accessible, involved, and

Exposure to this environment has enriched the way

curriculum, elite faculty and impressive facilities,

energetic faculty. The Jones School faculty maintains

in which I attack issues and has enlightened me

students receive an outstanding business school

an important balance between teaching and

to different approaches that I can apply in future

experience. The result is innovative leadership that

research, believing that current industry knowledge

situations.

engages the entrepreneurial spirit and impacts

is as critical as textbooks to your education.

of listening to fifty-nine other people who have

I’d say just the general attitude is the best thing

business on a global level.

Australia & New Zealand

Student Profile

A comprehensive core curriculum focuses on

about the Jones School - how open everyone is to

The Jones School is one of the world’s best teaching

managerial and leadership skills, ethics, information

helping all the students. One of my best experiences

and research universities, offering Full-Time MBA,

technology, and communication skills in addition

was in accounting, but two CPAs in my class spent

MBA for Executives, and MBA for Professionals

to the functional areas. An Action Learning Project

as much time as I needed to make sure I understood

programs. A Ph.D. program in Management debuted

in first year gives students the opportunity to learn

the concepts.

in the fall of 2009 and the recently-introduced

how to integrate disciplines and turn knowledge

business concentrations highlight the school’s

into action. Students take at least 28.25 elective

You don’t really understand how great a school is until

strengths while allowing full-time MBA students to

credit hours, which allow them to custom design

you come meet the students, and this is especially

focus on areas of interest.

their curriculum to suit career goals.

true of Rice. Once I met with students and faculty, I

Additional information is available through our

STUDENTS

make sure your experience is the best it can be - and it

website at www.jonesgsm.rice.edu.

The Jones School attracts students both nationally

has turned out to be much better than I hoped.

understood how motivated the people here are to

134 The MBA Career Guide Fall 2009

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Joint Degree Programmes Offered: MBA + JD MBA + MA (Masters of Arts in Asia Pacific Policy Studies) Specialisation by Function: Entrepreneurship Finance General Management

Human Resource Management IT Management Marketing Organisational Behavior Strategic Management Supply Chain Management Sustainability & Business plus Sub-specializations in Accounting, Business Intelligence Systems, International Business, Sustainability & Business Full Time Course Information Start Dates: August

Programme Duration: 15 months Tuition Fee: USD ($) 36,000 / Total Program Cost Entry Requirements: Min. GMAT Score : 600 Min. TOEFL Internet Based Test Score: 100 Min. IELTS : 7.0 Min. Years of Work Experience : 2

Part Time Course Information Start Dates : January Programme Duration : 28 months Tuition Fee : USD ($) 36,000 / Total Program Cost

Contact: Arthur Redillas, Associate Director, Admissions and Recruitment Robert H. Lee Graduate School Sauder School of Business, University of British Columbia 160 - 2053 Main Mall Vancouver, British Columbia V6T 1Z2 Canada Tel: +1 (604) 822 8422 Fax: +1 (604) 822 9030 Email: mba@sauder.ubc.ca Web: www.sauder.ubc.ca/mba

Application Fee : USD ($) 125

world. Starting with the award-winning Integrated

coaching and self-directed activities.

Core, our intensive 15-month Full-time program

skills taught during CDP include time and meeting

is built around a challenging and comprehensive

management,

curriculum that will enhance your leadership

multicultural teams and conflict resolution as well as

abilities. Using lectures, case studies, problem-based

career management tools.

presentation

skills

Valuable managing

learning and group projects, our MBA prepares you to manage, motivate, innovate and lead.

The UBC MBA program offers students a global perspective

through

specialized

international

The 3.5-month Integrated Core provides an intensive

courses, interaction with the multicultural student

foundation in finance, marketing, accounting,

body and faculty international study tours, and

human resources, statistics, managerial economics

participation in MBA exchanges. UBC has established

and information systems. It is team-taught as one

exchange agreements in 31 leading business schools

comprehensive course to mirror the complexity of

in 23 countries around the world.

North America

Programme Type: Full Time MBA Part Time MBA Executive MBA Master of Management

Latin America

Sauder School of Business University of British Columbia

areas are taught separately and from an integrative

The UBC MBA program commences annually in

perspective to help develop students’ understanding

at the end of August, with optional preparatory

The University of British Columbia (UBC) is Canada’s

of the true multi-dimensional nature of business.

coursework (International Students’ Program and

third largest university and boasts one of the nation’s

Students develop a broad-based, senior-level

Pre-Core) starting in July.

most beautiful campuses. Situated in the scenic

strategic approach to business decision-making, as

city of Vancouver, often ranked as one of the world’s

well as collaborative and leadership skills.

most livable cities, UBC attracts over 43,000 students

Europe

the global business environment. Individual subject

Admission to the UBC MBA requires a prior university degree from an accredited institution, with a strong

annually from around the world. The Sauder School

Following the Integrated Core, students can enhance

academic record and a competitive GMAT score. For

of Business is Canada’s premier research business

their marketability by enhancing the depth of their

more detailed information about our program, we

school with internationally-renowned faculty who

specialization or to broaden their skill set through a

invite you to visit our website at www.sauder.ubc.

are at the forefront of management thinking. In

range of more than 90 elective modules in 14 different

ca/mba.

January 2010, the UBC MBA Program will open

subject areas.

its doors to its new home at the Robert H. Lee

to link business theory with business reality by

Graduate School, a $65-Million project that features

completing either a three-month internship with

Student Profile

a dedicated wing for MBA students, new facilities for

an organization or an industry project, supervised

Learn from, and with, the best and the brightest! Ours

the Business Career Centre, and a Leadership Centre.

by a faculty member, that is related to their area of

is a business school with a reputation – a reputation

MBA House, a dedicated residence for UBC MBA

specialization.

for top research and professors, an impressive line-

students, opened on August 1, 2009.

Asia Pacific

Students have the opportunity

high-calibre of students from around the world. The

The UBC MBA at the Sauder School of Business

to enhancing students’ personal effectiveness

Sauder School of Business at UBC accepts 120 to 130

has been designed to meet the demands of our

through seminars, workshops, guest speakers,

students to the 15-month Full-Time Program every

competitive and increasingly complex business

discussion groups, networking events, career

year. Over 60% of our students come from outside Canada, representing more than 30 countries and speaking more than 25 languages.

Upon

graduation, our students join a global network that is ever expanding, with 30,000 Sauder alumni in over 65 countries. Our admission standards are necessarily high. Typically, we look for applicants to have at least two years of full-time work experience, but our average student possesses six years of work experience.

Our class reflects the face of today’s

business world, as we seek applicants of diverse

Australia & New Zealand

up of courses, small class sizes, and an exceptionally The Career Development Program (CDP) is dedicated

cultural, academic, and industry backgrounds. The MBA Career Guide Fall 2009 135

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Why Choose the UB MBA? Value • Forbes and BusinessWeek rate the UB MBA as a top-value program for return on investment • Total out-of-state program cost: $32,520

Diversity and Community • Small class of 100 represents unique perspectives, experiences, skills and aspirations • Internationally recognized faculty with a range of expertise • Cross-cultural understanding, community engagement and low cost of living

GLOBAL POSITIONING FOR A WORLD OF BUSINESS

Academics • Strong management core with team focus • Breadth of career concentrations including Global Services and Supply Management

Personal and Professional Development • Corporate mentors engage first year teams • Internships, consulting assignments, case competitions, leadership opportunities • Rigorous personal assessment and growth programs

Contact us to discover your potential. mgt.buffalo.edu 716-645-3204 | 877-BFLO-MBA

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Joint Degree Programmes Offered: MBA-CMA (Certified Management Accountants)

Full Time Course Information Start Dates: September

Entry Requirements: Min. GMAT Score : 550 Min. TOEFL Computer Based Score : 240 Min. TOEFL (ibt) : 88 Min. IELTS : 6.5 Min. Years of Work Experience : 2

Programme Duration: 20 months

Application Fee : USD ($) 60

Tuition Fee: USD ($) 12000 Domestic USD ($) 24000 International

Part Time Course Information Start Dates : January, September

Tuition Fee : USD ($) 12000 / Total Program Cost

Contact: Leah Ray, Managing Director, MBA Program Saint Mary’s University The Sobey School of Business 903 Robie Street Halifax, Nova Scotia B3H 3C3 Canada Tel: 01-902-420-5002 Fax: 01-902-420-5038 Email: mba@smu.ca Web: sobey.smu.ca

foundation. The emphasis

program or for advanced standings if previous

is on building leadership

courses cover 80% of the material and achieved B+

skills as well as analytical,

or higher in two courses in the area.

problem

solving

and

decision making skills. A

You will be automatically considered for entrance

combination of company

scholarships at time of admission. To be eligible

projects and a week-

you require a minimum GMAT score of 600. You

long

competition

are encouraged to apply early for scholarships.

are part of the first year

Scholarships and bursaries are available for students

experience.

entering their second year of study.

case

The advanced year allows students to tailor the

Student Profile

program to meet their

The Sobey MBA Program draws students from

professional and career

dozens of countries each year. With a population of

The Sobey School of Business is AACSB goals. Students can concentrate in a specific area more than 1,300 international students Saint Mary’s Accredited or gain further breadth by taking courses from a University has a distinctly international flavour. variety of disciplines. The Management Consulting

The university boasts an internationalized campus

As an executive or an entrepreneur you have to be

concentration is in collaboration with the Canadian

with students from over 94 countries. Saint Mary’s

able to acquire, evaluate and act on information

Association of Management Consultants (CAMC).

University was ranked #1 most internationalized by

faster then ever before. You must be able to think

The advanced year also features experiential learning

MacLean’s Magazine.

strategically, attract resources to your ideas and

involving a strategic simulation and a consulting

mobilize people to get desired results. You must

project, which involves student teams working with

Our admission requirements are a previous

make order from chaos. The Sobey MBA Program will

a company.

undergraduate degree in any discipline with at least

equip you with the concepts, tools and leadership

students whose mother tongue is not English must

The Sobey MBA Program is committed to the career

submit with a TOEFL (ibt 88), IELTS (6.5) or CanTEST

A state of the art teaching facility, world class faculty,

development of our students. The Sobey Career

(4.5). We recommend students have 2 years of work

a network of high caliber classmates and a strong

Development service prepares students for their

experience. Co-op and part-time work are evaluated

connection to the local business community will

career after the MBA as well as creates networking

as are other experiences when you demonstrated

enrich your learning experience. We will assist you in

opportunities where students can meet potential

leadership skills.

your career development and be a partner in helping

employers. We offer a series of professional

you achieve your career goals.

development

workshops,

one-on-one

career

The Sobey MBA Program values diversity.

We

counseling coaching sessions by expert consultants,

encourage students to apply with a variety of

MBA Program Overview

CareerLeader assessment tools, resume editing,

backgrounds. Students have a variety of academic

The Sobey MBA program begins with an intensive

interview practice, skill and interest assessment

backgrounds; 40% are Bsc/Eng, 25% BA, 20% BBA/

week of orientation and is capped off by a retreat at

and numerous networking events. We also have

BComm, 10% previous Masters work and 5% from

the beautiful White Point Beach Resort. This weekend

a successful mentorship program which allows

other programs. Our female ratio is 40% and 40%

away helps students get to know each other in a

students to be paired with a mentor from the local

of our student body in the program is international.

relaxed, yet academically rigorous atmosphere.

business community.

The average age of full-time students is 27 years

If students are not able to apply the knowledge

old with 6 years of working experience. The Part-

they gain in the classroom, the learning is only half

Fees and Scholarships

time average is 32 years old with 11 years of work

completed. Therefore, there are several opportunities

The Sobey MBA Program offers reasonable fees while

experience.

in both years to have hands-on experience doing

not compromising on the quality of your education.

projects for businesses both large and small.

Domestic student fees are approximately $14,000 CDN for the full 20 courses. International student

The Sobey MBA Program has an exciting array

fees are approximately $27,000 CDN. Students with

of courses in the first year which provides a solid

a solid BComm or BBA are eligible for the accelerated

Asia Pacific

a B average or GPA of 3.0, minimum GMAT of 550,

Career Development Services

skills needed to succeed in today’s global economy.

Australia & New Zealand

Specialisation by Function: Finance General Management Human Resource Management Information Management

Programme Duration : 40 months

North America

IT Management Marketing Management Consulting

Europe

Programme Type: Full Time MBA Part Time MBA

Latin America

Saint Mary’s University

The MBA Career Guide Fall 2009 137

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North America

Latin America

Southern Methodist University, Cox School of Business Programme Type: Full Time MBA Part Time MBA Executive MBA Joint Degree Programmes Offered: MBA Only MBA + JD MBA + MA (Masters of Arts Administration) Specialisation by Function: Accountancy Accountancy & Financial Brand Management E-Commerce / Business

Entrepreneurship Finance General Management Information Management IT Management Leadership Marketing Operations Management Strategic Management Technology Management Full Time Course Information Start Dates: August Programme Duration: 22 months

Tuition Fee: USD ($) 40692 / Per Year

Programme Duration : 24 months

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 250 Min. TOEFL Paper Based Score : 600 Min. Years of Work Experience : 2

Tuition Fee : USD ($) 71856 / Total Program Cost

Application Fee : USD ($) 75

Programme Duration : 21 months

Part Time Course Information Start Dates : January August

Tuition Fee : USD ($) 79710 / Total Program Cost

Executive Course Information Start Dates: August

Contact: Patti Cudney Director, MBA Admissions Southern Methodist University, Cox School of Business 125 Fincher Building 6212 Bishop Blvd Dallas, Texas 75275-0333 United States of America Tel: 214-768-1214 Fax: 214-768-3956 Email: mbainfo@cox.smu.edu Web: www.coxmba.com

Transforming the World of Business - One Person at a Time

successful career strategies. This is accomplished

selected on the basis of demonstrated academic

by creating and implementing an individualized

achievement,

The MBA Program at the Cox School of Business is

Career Development Plan tailored to meet each

managerial potential. Candidates are evaluated

consistently ranked among the top MBA programs

individual student’s needs.

Admitted students

and awarded during the admission process and

in the United States. The small class size creates a

have the opportunity to work with CMC staff prior

must apply by the Round 3 deadline to receive

collaborative, highly interpersonal environment

to enrollment to help target their career goals and

consideration. There is a special opportunity for up

for graduate business education. Cox’s unique

complete initial research.

Alumni also have the

to 10 students in each entering class to be named

approach to a business curriculum integrates

ability to work with the CMC team throughout their

as a Cox Distinguished MBA Scholar and receive a

classroom learning with real business experience,

careers.

full-tuition scholarship. Candidates must apply for

providing students with the tools and experiences employers value.

managerial

experience,

and

admission by the Round 2 deadline and submit the

Academic Foundation and Expertise

supplemental Scholars application by the stated

First-year students complete core courses, the

deadline (usually early February).

Asia Pacific

Europe

American Airlines Global Leadership Program AAGLP, required career and communication skills (AAGLP) seminars, and business elective courses. Students The Cox MBA Program not only integrates

commence their summer internships after they

international perspectives into the classroom, but

return from the AAGLP travel-abroad experience.

through the AAGLP it provides a first-hand experience

Second-year students take courses from the elective

Admission to the Cox MBA Program is highly

for MBA students. Integrated into the curriculum,

concentration

can

selective. The Admissions Committee seeks a diverse

this innovative two-week program is designed to

choose to concentrate their studies in accounting,

group of candidates demonstrating significant

provide students with the global experience and

finance, information technology & operations

professional and life experiences; strong academic

insight that all employers value. Small groups of

management, management, marketing, or strategy &

capabilities, leadership potential and interpersonal

students will focus on different regions of the world,

entrepreneurship. Students can further specialize in

and communication skills; and personal qualities

traveling to those areas to meet with local business

a variety of areas within the academic concentrations;

such as maturity, integrity, self-confidence, and

and government leaders. All first-year students

available specializations include alternative assets,

motivation. Finally, and most importantly, applicants

participate in this program with complimentary

corporate finance, energy finance, and investments

should possess a strong commitment to learning

lodging and airfare provided. In addition to the

in the finance department and marketing consulting

and achievement. Successful applicants have

AAGLP, students can choose to spend a semester

or product & brand management in the marketing

several years of full-time work experience, a strong

studying at an international partner school during

department. In addition, two joint degree programs

undergraduate academic record, and competitive

their second year of the program.

are offered: Juris Doctor/MBA (four years) and MA in

scores on the Graduate Management Admissions

Arts Administration/MBA (two years).

Test (GMAT).

Outstanding communication and management

Unparalleled Business Connections

A complete application package includes submission

skills are critical for success in today’s business

The Cox School is located in the heart of Dallas,

of the online application (with uploaded essay

world. The Cox School’s Business Leadership Center

Texas, a top ranked city in the U.S. for the number

questions and professional resume), 2 letters of

(BLC) helps students to build and strengthen these

of corporate headquarters. The School’s relationship

recommendation from those who can speak to

practical business skills. Seminars and workshops

with the business community provides MBA

workplace achievements, undergraduate transcripts,

are developed and taught by outside consultants

students with opportunities to network with

GMAT score, and TOEFL score for international

who represent advanced leadership training at

leading business people through its Associate Board

applicants. The dealines for the Fall 2010 entering

some of today’s most progressive corporations and

Executive Mentor Program. More than 250 senior-

class are November 4, January 6, March 3, and April

organizations. The BLC is pleased to offer the Disney

level business managers provide MBA students

28.

Institute in Orlando, Florida each December for a

with insightful career advice, invaluable contacts,

deadline on a rolling basis if space remains in the

select group of BLC participants who wish to further

and an inside track on current business trends.

class. Prospective students are encouraged to contact

curriculum.

MBA

students

Student Profile

Australia & New Zealand

Career Enhancements

explore the service industry.

Applications will be accepted after the final

the Admissions office with questions at any time.

Scholarships and Financial Support The MBA Career Management Center (CMC)

Merit scholarships are awarded each year based on

partners with students to develop and implement

individual merit and achievement. Recipients are

138 The MBA Career Guide Fall 2009

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Tuition Fee : USD ($) 0 / Per Credit

Tuition Fee: USD ($) 1116.00 / Per Credit

Tuition Fee : USD ($) 1116. / Per Credit

Entry Requirements: Min. GMAT Score : 590 Min. TOEFL Computer Based Score : 250 Min. TOEFL Paper Based Score : 600 Min. IELTS : 7 Min. Years of Work Experience : 2

Distance Course Information Start Dates : August

Contact: Graduate Admissions The Fox School of Business, Temple University Alter Hall 1801 Liacouras Walk Suite 701 (006-22) Philadelphia, PA 19122 United States of America

Application Fee : USD ($) 60 Part Time Course Information Start Dates : January, August

Programme Duration : 22 months Tuition Fee : USD ($) 0 / Per Credit

Tel: 1-215-204-5890 Fax: 1-215-204-1632 Email: foxinfo@temple.edu Web: http://www.fox.temple. edu/grad

Executive Course Information Start Dates: August Programme Duration : 22 months

Student Profile

The Fox School of Business at Temple University is the

The Fox International MBA is a full-time, accelerated,

largest, most comprehensive business school in the

one year rotation program that provides unparalleled

The Fox School of Business at Temple University is the

greater Philadelphia region and among the largest in

global exposure. The International MBA is delivered

largest, most comprehensive business school in the

the world, with more than 6,000 students, 145 full-

on multiple locations through partnerships around

greater Philadelphia region and among the largest in

time faculty members and 51,000 alumni. Accolades

the globe. Each location is responsible for delivering

the world, with more than 6,000 students, 145 full-

in the media include The Financial Times (Top 100

one semester of the IMBA sequence, and students

time faculty members and 51,000 alumni.

worldwide, Top 20 for International Experience and

may choose where to begin their IMBA experience

International Mobility), US News and World Report

– in either Paris or Mumbai – depending on their

As part of the Fox School, students will benefit from;

(# 18 in US for International Business), and Top 15

particular cultural or business interests.

World-class Faculty who combine cutting edge

Entrepreneurial Graduate Programs by Princeton Review.

research with real-world applications; An innovative Since 1985, the Fox Executive MBA has provided

and dynamic academic curriculum that explores

experienced professionals with the executive-level

management issues from a global perspective;

As part of the Fox School, students will benefit from;

education vital to professional success. We use the

A collaborative environment among the faculty

World-class Faculty who combine cutting edge

resources of Philadelphia’s largest business school

and students that fosters both effective teamwork

research with real-world applications; An innovative

to provide you world-renowned faculty and a

and individual leadership; Premium services for an

and dynamic academic curriculum that explores

challenging curriculum.

exceptional value; Large network of alumni and

management issues from a global perspective;

corporate partners.

A collaborative environment among the faculty

The Fox Online MBA provides high-caliber working

and students that fosters both effective teamwork

professionals the opportunity to earn a top-ranked,

The Fox School focuses on creating a diverse class

and individual leadership; Premium services for an

accredited MBA with the convenience and flexibility

each year with varied backgrounds and experiences.

exceptional value; Large network of alumni and

of online education. The Fox Online MBA utilizes the

The variety in perspectives as well as experiences,

corporate partners.

same curriculum, the same faculty, and the same

passions, values and goals ensures that students will

resources as our traditional MBA.

learn tremendously from one another.

perspectives in and out of the classroom. The

The Fox Graduate Career Management Center

The Fox MBA - A rigorous two-year, full-time MBA

integrated core curriculum, Enterprise Management

(GCMC) is available to assist all Fox graduate

cohort program that brings real-world perspectives

Consulting (EMC) Practicum, and the focus on

students with their internship and job search

to an intimate classroom experience. Students within

leadership and professional development give

process. The GCMC offers an unique blend of

this program have an average GMAT score of 650,

our students the skills and experience that today’s

premium services that include: Career Management

3.5yrs of professional work experience, average age of

employers want. With the changing dynamics

Series, Career development workshops, On-Campus

27, and have an average of a 3.4 undergraduate GPA.

of the business world from general knowledge

Recruiting, Executive Lecture Series, Corporate Visits

to specialized knowledge, students are able to

& Networking Events.

The Fox full-time MBA offers students real-world

compete in this market with the ability to choose concentration courses.

The International MBA - A full-time, intensive, oneyear rotational MBA in International Business with

The Fox School has been continuously accredited by

study options in Paris, Tokyo, Philadelphia, Mumbai

the Association to Advance the Collegiate Schools of

and Shanghai.

The Fox Professional MBA is a part-time, evening

Business (AACSB) International, the world’s premier

program, which prepares individuals to assume

business school accreditation, since 1973.

The Professional MBA - A flexible, evening program

leadership roles in their careers. The hallmarks of the

designed

Fox School’s commitment to graduating dynamic,

an advanced professional skill set and career

qualified and skilled students are its focus on four

progression.

for

working

professionals

seeking

fundamental principles: integrated curriculum, real world learning, personalized service, and value.

North America

Full Time Course Information Start Dates: August, September

Programme Duration : 36 months

Europe

Specialisation by Function: Accountancy Accountancy & Financial Entrepreneurship Finance General Management Health Care Management Human Resource Management International Management /

Specialisation by Industry: Banking / Financial Services Consulting Hospitality IT / Telecommunications Media & Entertainment Non - Profit Organisation Pharmaceutical / Bio-Medical Public Sector Real Estate Venture Capital & Private Equity

Programme Duration: 22 months

The Online MBA - A high-caliber MBA with the

Asia Pacific

Joint Degree Programmes Offered: MBA + JD MBA + MD MBA+DMD (Doctor of Dental Medicine)

Business IT Management Marketing Risk Management Strategic Management Pharmaceutical Management

Australia & New Zealand

Programme Type: Full Time MBA Part Time MBA Distance Learning MBA Executive MBA

Latin America

The Fox School of Business Temple University

convenience and flexibility of online education. The MBA Career Guide Fall 2009 139

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Latin America

Thunderbird School of Global Management Programme Type: Full Time MBA Part Time MBA Distance Learning MBA Executive MBA MA in Global Affairs MS in Global Management

General Management Leadership Marketing Risk Management Strategic Management Supply Chain Management Import/Export, Business Intelligence, International Development, Entrepreneurship

Joint Degree Programmes Offered: MBA + JD MBA + MA MS in Global Mgmt, MBA + M-GM, MA/MS + JD, MBA/MS/MA + M-Environ Law & Policy

Full Time Course Information Start Dates: January, August Programme Duration: 18 months

Specialisation by Function: Brand Management Finance

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Score : 220 Computer based 560 Paper based Min. IELTS : 6.0 Min. Years of Work Experience : 2 for MBA Application Fee : USD ($) 125 Part Time Course Information Start Dates : January, September Programme Duration : 24 months

North America

Tuition Fee: USD ($) 1,299 / Per Credit

Tuition Fee : USD ($) 1,299 / Per Credit

Tuition Fee : USD ($) 79500 / Total Program Cost

Distance Course Information Start Dates : January, September

Contact: Jay Bryant, Head of Admissions Thunderbird School of Global Management Admissions Office 1 Global Place Glendale, AZ 85306-6000 United States of America

Programme Duration : 19 months Tuition Fee : USD ($) 63,625 / Total Program Cost Executive Course Information Start Dates: August Programme Duration : 16 months

Tel: +1 (602) 978-7100 Fax: +1 (602) 439-5432 Email: admissions@thunderbird. edu Web: www.thunderbird.edu

course and learning experience. Our

world provides graduates with an extensive network

#1 ranked MBA in Global Management

of business and cultural contacts. There are more

(U.S. News & World Report 2010,

than 150 alumni chapters around the world, most of

Financial

Times

2009)

prepares

which host a “First Tuesday” social/networking event

graduates

for

successful

global

each month and participate in “Super First Tuesday”

business assignments by providing

every March which brings prospective students

the type of in-depth cultural, political,

together with alumni to learn about the Thunderbird

economic and business language

mystique first-hand.

expertise they need to lead effectively. In addition, Thunderbird offers a Master of Arts in Global Affairs and Management, a Master of Science in Global Management, the #3 ranked

At Thunderbird, we don’t just embrace diversity -

Executive MBA in the world (The Wall

we’re defined by it. Students come to Thunderbird

Street Journal 2008), the #7 ranked

from all over the world. Their cultures, backgrounds

distance-learning MBA in the world

and ambitions exemplify the global mindset needed

(Economist Intelligence Unit 2008),

to be successful leaders in a rapidly globalizing

several joint/dual degree programs

economy. Often compared to a mini-United Nations

for full-time and distance-learning

with its diverse student population from more than

students and a new Evening MBA program for

50 countries, T-birds get a personal glimpse into other

working professionals in the Phoenix metropolitan

cultures, taking them far beyond stereotypes and

area.

providing them with a framework for cross-cultural

Europe ABOUT THUNDERBIRD Consistently

ranked

No.

1

in

international

business education (Thunderbird received its 14th

Asia Pacific

consecutive #1 ranking from U.S. News & World

Australia & New Zealand

Student Profile

interactions on the personal and professional scale.

Report in 2009), Thunderbird was founded more

ACCREDITATION

than 60 years ago as the world’s first school to

Thunderbird is accredited by the AACSB-International,

Thunderbirds are as unique as the countries and

focus exclusively on international management.

the Association to Advance Collegiate Schools of

backgrounds they come from, but they do share

Often compared to a mini-United Nations with

Business, and NCA - North Central Association of

common traits. They are risk-takers and problem

its diverse student population from more than 50

Colleges and Schools.

solvers, and they think globally. Whether working

countries, Thunderbird teaches students to conduct

with faculty, peers or the online T-bird community,

business as citizens of the world - and, in doing so,

EXECUTIVE EDUCATION

students forge strong bonds at Thunderbird, creating

to help make the world a better place. The school’s

Thunderbird Executive Education programs are

lifelong relationships and memories.

commitment to global citizenship is reinforced by

consistently ranked among the top in the world.

its “Oath of Honor” - a creed all students sign and

Offered worldwide, this suite of classroom, online

In addition to the global academic experience at

recite, pledging to uphold ethical and sustainable

and custom executive education programs provides

Thunderbird, students also enjoy a bustling social

standards in business. Thunderbird’s oath is believed

working professionals with access to short programs

scene on campus, whether at the Thunderbird Pub,

to be the first of its kind to be adopted by a business

with huge impact. Program categories range from

the Commons, at club events or at cultural/regional

school.

general management and marketing to strategy,

nights featuring the customs, cuisine and traditional

cross-cultural communications/negotiations and

entertainment of various nations. There are more

DEGREE PROGRAMS

leadership. Taught by Thunderbird faculty, these

than 60 professional, regional, social and sports clubs

Thunderbird is the place where the world comes to

programs are taught using use current, real-world

that actively contribute to the school’s intellectual

learn business and business comes to learn the world.

international business cases.

and

Besides providing solid, globally focused functional

cross-cultural

environment.

In

addition,

Thunderbird’s strong student government plays an

training in finance, marketing and other business

ALUMNI NETWORK

active role, with representation from a broad cross-

disciplines, Thunderbird incorporates critical cross-

Thunderbird’s Alumni Network of more than 40,000

section of the student body.

cultural communications/relations training into each

global professionals living and working around the

140 The MBA Career Guide Fall 2009

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Programme Type: Full Time MIB Joint Degree Programmes Offered: MIB + JD MIB + MD MIB + MA Specialisation by Function: Corporate Governance Economics Finance International Management /

Business Public Administration Risk Management Strategic Management

Full Time Course Information Start Dates: January September

Specialisation by Industry: Banking / Financial Services Consulting Environment Government Non - Profit Organisation Oil & Gas Public Sector

Programme Duration: 18 months

Min. TOEFL Paper Based Score : 600 Min. IELTS : 7 Min. Years of Work Experience : 0 Application Fee : USD ($) 70

Tuition Fee: USD ($) 41,200 / Per Year

Contact: Kristen Zecchi, Associate Director, Admissions and Financial Aid The Fletcher School Tufts University 160 Packard Avenue Medford, MA 02155 United States of America Tel: +1 (617) 627 3240 Fax: +1 (617) 627 3712 Email: internationalbusiness@tufts.edu Web: fletcher.tufts.edu/business

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Internet Based Score : 250

Latin America

The Fletcher School, Tufts University

inherent to international business. Topics including human rights, national security, environmental sustainability, and regional studies are a significant part of the Fletcher course offerings. Adding to this flexibility, students may also take classes at all other Tufts graduate schools (Nutrition, Engineering, Arts and Sciences, etc) as well as the Harvard graduate schools (Business, Law, Education, etc). Many students

North America

but not limited to trade law, corporate governance,

also choose to pursue joint degree programs in Law, Business, Nutrition, Journalism, and other fields.

Student Profile

of our student body hails from outside of the United States and from over 70 countries. As all students are required to speak more than one language, our students tend to have had experiences outside their home countries or in international professional

s a graduate school of international affairs,

area such as International Trade and Commercial

settings. With approximately 500 students, the

The Fletcher School’s approach to business

Policies, International Business and Economic Law,

student body is large enough to have diversity and

education is distinct from traditional MBA programs

International Security Studies, or Development

depth of interests but small enough to foster an

in its ability to deliver both critical business skills and

Economics.

intimate network. This extends to our very active

a deep knowledge of the international environment.

alumni community of over 7,000 people who are open to helping Fletcher students all over the world.

Fletcher’s two-year Master of International Business

or thesis, allowing them to tackle specialized topics

(MIB) is a unique hybrid international business and

that might not be covered in depth in a course. Recent

From engineering to law to consulting to military

international affairs degree. The MIB provides a solid

thesis topics include: “The Market for Microfinance in

service, Fletcher students have diverse professional

foundation of traditional business skills including

Brazil: An Industry Analysis,”“High-Tech Innovation in

experiences that bring real-life learning into

finance, marketing, accounting, and strategy, plus

Emerging Markets: The Case of Mexico,”“Failure at the

the classroom. Most students come to Fletcher

exposure to a wide range of international issues

Speed of Light: Project Escalation and De-Escalation

with several years of professional, full-time work

that impact business today such as security risks,

in the Software Industry,” and “Hedge Fund Portfolio

experience, but the sectors and industries vary. Most

geopolitics, emerging markets, corporate governance,

Construction.”

come from professional backgrounds where they

and energy and environmental policy. While the core

Asia Pacific

All students are required to complete a final project

have been exposed to these international issues on

classes are very similar to an MBA, the exclusive focus

MIB students may participate in exchange programs

a regular basis or have lived and/or worked abroad.

on international business as well as Fletcher’s deep

with leading global business schools such as China

This is not only limited to corporate professionals but

expertise in international affairs distinguish the MIB

Europe International Business School (Shanghai),

also those who have held management and strategy

from generalist business programs.

HEC (Paris), Instituto de Empresa (Madrid), and the

responsibilities in government, NGOS, and US and

Indian School of Business (Hyderabad). Additionally,

foreign militaries. Such a committed, experienced,

Fletcher also has a a business concentration within

students spend the summer between their first and

and diverse student body is a fundamental part of

the international affairs degree, the Master of

second years at internships all over the world. These

student life at Fletcher.

Arts in Law and Diplomacy (MALD). The MALD is a

internships frequently lead to full time jobs in all

flexible interdisciplinary two-year degree that allows

sectors and across all industries.

students to choose two focus areas from a list of 18. There is no core curriculum, and students interested

Because Fletcher’s curriculum is very flexible, all

in business often combine that focus with a topical

students are able to focus on the myriad of issues

Australia & New Zealand

A

Europe

Fletcher students are truly international. About 40%

The MBA Career Guide Fall 2009 141

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Europe

North America

Latin America

UCLA Anderson School of Management Programme Type: Full Time MBA Part Time MBA Executive MBA

Policy, Corporate Governance and E-Business Specialisation by Industry: Banking / Financial Services Consulting Media & Entertainment Pharmaceutical / Bio-Medical Public Sector Real Estate Venture Capital & Private Equity Entrepreneurship

Specialisation by Function: Economics Entrepreneurship Finance General Management Human Resource Management Manufacturing Management Marketing Operations Management Strategic Management Entertainment Management, Decisions, Operations and Technology Management,

Full Time Course Information Start Dates: September Programme Duration: 21 months

Tuition & Fees: California Residents: USD $38,208/ per year Non-California Residents: USD $46,427/per year Entry Requirements: Min. GMAT Score: N/A Min. TOEFL Computer Based Score: 220 Min. TOEFL Paper Based Score: 560 Min. Years of Work Experience: 0 Application Fee: USD ($) 200 Decision Schedule: Round 1 Application deadline: October 14, 2009

GMAT/TOEFL deadline: September 30, 2009 Decision released by: January 13, 2010 Round 2 Application deadline: January 6, 2010 GMAT/TOEFL deadline: December 31, 2009 Decision released by: March 31, 2010 Round 3 Application deadline: March 17, 2010 GMAT/TOEFL deadline: February 28, 2010 Decision released by: May 19, 2010

Asia Pacific

Tel: (310) 825-6944 Fax: (310) 825-8582 Email: mba.admissions@anderson. ucla.edu Web: www.anderson.ucla.edu

UCLA Anderson School of Management has been

Entrepreneurial Leadership

“academic village.” From classroom study groups to

recognized for 75 years as one of the top-ranked

UCLA Anderson’s strong tradition of entrepreneurship

extracurricular activities, the tradition of partnership

business schools in the world. Students are attracted

benefits all students, including those on a corporate

among students makes UCLA Anderson an ideal

to UCLA Anderson for its academic excellence,

career track. Most students take at least one course

place to develop personally and professionally. The

strategic location, entrepreneurial environment,

in entrepreneurship to explore the differences

Anderson culture also translates into an extremely

global scope, and collaborative culture.

between traditional management practices in

responsive and generous alumni network with over

a structured company and the skills required to

36,000 members worldwide.

Unrivaled Learning Opportunities

successfully run an entrepreneurial endeavor.

UCLA Anderson is consistently acclaimed for its

UCLA Anderson’s emphasis on an entrepreneurial

award-winning faculty, who bring scholarship and

approach is evidenced in the membership of the

expertise into the classroom in such fundamental

Entrepreneur Association (EA), the largest student

areas

as

finance,

marketing,

Student Profile

accounting,

organization on campus. In conjunction with the

“UCLA Anderson’s strength lies in the flexible

business economics, operations and technology

Price Center for Entrepreneurial Studies, the EA

curriculum. After soaking up the breadth of the core

management, human resource and organizational

coordinates a variety of student activities, such as

courses, you can design a curriculum to focus on the

behavior, information systems, strategy, and policy.

the Knapp Venture Competition, Entrepreneurs

key areas you find most interesting or design a truly

Ten rigorous core classes challenge students to

Conference, and Technology Incubation program.

generalist course load.” – Jessica Bonham, Class of

think analytically while providing sound business

In addition, dedication to social entrepreneurship is

2010

fundamentals. The flexible nature of the program

seen in activities with an ongoing commitment to the

allows students to customize their MBA degree

greater good, such as Challenge for Charity, Project

“My first quarter study group included individuals

by choosing electives based on their own career

ECHO, and the Johnson & Johnson Management

from Taiwan, India, and Italy, all with different

interests. UCLA Anderson’s dedication to applied

Development Institute.

professional backgrounds, skill sets, and career

learning is highlighted in the mandatory Applied

Australia & New Zealand

Contact: Mae Jennifer Shores, Director of Admissions UCLA Anderson School of Management 110 Westwood Plaza Gold Hall, Suite B201 Box 951481 Los Angeles, CA 90095 United States of America

aspirations.

Working with such a diverse group

Management Research (AMR) Program, an intensive

Global Environment and Learning Options

pushed me to learn how to work effectively with an

20-week project where teams of students apply their

UCLA Anderson is global in scope. One-third of

array of individuals – and how to have fun in doing

knowledge and experience through their choice of

MBA students are international, representing over

so.” - Tommy Gaeta, Class of 2010

a field study, business creation option, or research-

50 countries. Bolstering the global experience, our

based project.

faculty represent diverse geographical backgrounds

“UCLA Anderson lies within an incredibly diverse city,

and bring with them knowledge of teaching from

one that prepares you to succeed in any corner of the

The LA Connection

around the world, including Chile, Singapore,

globe. Few schools can offer the chance to combine

Los Angeles has been described as the world capital

China, and India. During the program, students are

your academic lessons with real world experience.

of the 21st century. Located at the crossroads of the

exposed to a wide variety of global perspectives.

Los Angeles offers constant opportunities to do so

Latin American and Pacific Rims, the city hosts the

Discussion centers not only on US or North American

daily.” – Christopher Schnakenberg, Class of 2009

largest US seaport, third largest world airport, 11th

business practices, but also those of Latin America,

largest world Gross Domestic Product (GDP), and a

Asia, Europe, Africa, and the Middle East.

global population representing 140 countries.

As

global perspective is further enhanced by exchange

in student clubs.

one of the most vibrant economies in the world, Los

programs at over 50 top international business

for Charity Casino Night and Auction fundraiser, I

Angeles houses companies ranging from Fortune 500

schools – an option selected by 20% of the class.

solicited corporate prize donations from companies

The

businesses to emerging start-ups. Nearly 200,000

“I took full advantage of leadership opportunities As Co-Chair of the Challenge

such as Nestle, Toyota and General Mills and the

small businesses operate and thrive here – two

Collegial Student and Alumni Culture

auction raised over $70,000 to benefit charities.

times as many as other regions in the US – providing

With 360 students in each class, UCLA Anderson is

learned to be nimble, persuasive, and creative -- skills

students a diverse range of opportunities across

large enough to be truly diverse, yet small enough

which have proven to be useful to me in my current

multiple industries – from media & entertainment

to foster an exceptionally strong and supportive

career.” - Danielle McLachlan, Class of 2008

to healthcare services and products, real estate to

community.

manufacturing, not-for-profits to petroleum, energy,

interconnected with a series of pathways and

and utilities.

bridges, UCLA Anderson invokes the feeling of an

I

With its system of six buildings

142 The MBA Career Guide Fall 2009

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Joint Degree Programmes Offered: MBA+LLB(Bachelor of Law); MBA+MAg(Master of Agriculture); MBA+MF(Master of Forestry); MBA+MEng(Master of Engineering) Specialisation by Function: Finance General Management Innovation / Knowledge Management International Management /

Business Leisure Management Public Administration Sports Management Technology Management Natural Resources, Energy & Environment Specialisation by Industry: Banking / Financial Services Environment Government Oil & Gas Pharmaceutical / Bio-Medical Public Sector Venture Capital & Private Equity Energy

Full Time Course Information Start Dates: August

Part Time Course Information Start Dates : August

Programme Duration: 20 months

Programme Duration : 44 months

Tuition Fee: USD ($) 24000 / Total Program Cost

Tuition Fee : USD ($) 24000 / Total Program Cost

Entry Requirements: Min. GMAT Score : 550 Min. TOEFL Computer Based Score : 250 Min. TOEFL Paper Based Score : 600 Min. IELTS : 6.5 Min. Years of Work Experience : 2

Executive Course Information Start Dates: August Programme Duration : 20 months

Contact: Joan White, Associate Dean Alberta MBA Programs, University of Alberta Room 2-30 School of Business Building Edmonton, Alberta T6G 2R6 Canada Tel: +1 (780) 492-3946 Fax: +1 (780) 492-7825 Email: mba@ualberta.ca Web: www.mba.net

Tuition Fee : USD ($) 55000 / Total Program Cost

• Case competitions and the annual

Student Profile

Jeff Schellenberg, MBA 2004 Associate, Bank of America Merrill Lynch

MBA Games allow you to travel across North America representing the University of Alberta.

Some Program Elements

North America

Programme Type: Full Time MBA Part Time MBA Executive MBA

Latin America

Alberta MBA Programs, University of Alberta

• We offer niche specializations that

Why did you choose the Alberta MBA?

strengths.

Specializations

are

available in:

I

o Natural Resources and Energy;

was

attracted

o Finance;

to the specialization opportunities as well as the

o Technology Commercialization;

opportunity to complete the MBA in conjunction

o International Business;

with the law degree I completed at the same time.

o Leisure and Sport Management;

What are your current job responsibilities?

o Public Management

As an investment banking associate, I am responsible both

for preparing and explaining quantitative and

analytical and quantitative skills

qualitative analysis to my superiors and to my firm’s

with leadership, interpersonal and

corporate clients.

blend

of

• The program can be completed in only 16 months.

What is the most exciting part of your job?

A host of degree options, coupled with small class

• Award winning teaching faculty.

The opportunity to participate in transactions you

sizes, an applied hands-on learning style, and

• Outstanding student resources (e.g. lounge,

read about in the newspaper.

close ties to over 17,000 alumni and the business

computer facilities, and study space), as well as a

community, translate into incredible opportunities

large number of scholarships and bursaries.

great ideas, hard work and outstanding people.

for those who choose an Alberta MBA. Choose a

Describe the path that took you to your current position?

Career Development

I completed my undergraduate business degree at

• Dedicated personnel for MBA Career Services are

the U of A in 2000 whereupon I worked in sales and

Internationally Recognized

available to work one-on-one with you to establish

marketing for a computer software sales company. I

The Financial Times of London ranks our program:

your future.

applied to and was accepted to the joint LLB/MBA

solid foundation for your future.

• #1 in Canada in Value for Money • 77th Globally

International Opportunities • Unique Double Degree MBA program with EDHEC (France) allows you to earn both a Canadian and European degree in two years. • Strong relationships with partner institutions give you the opportunity to spend an semester on

• Mentors from the local and international business

program at the U of A. I completed my MBA in 2004

community are matched with you, based on your

and my law degree in 2005 and moved to Toronto to

interests, to provide career guidance and support.

article with a law firm. Following the completion of

• Corporate information sessions and career fairs

my articles I accepted a position at Merrill Lynch.

bring over 100 actively recruiting employers onto campus each year.

How has your MBA changed your career?

• School of Business hosted events and receptions

Getting an MBA opened up doors for me to have

provide you with a myriad of networking

the opportunity to work in Toronto with a global

opportunities with business leaders and alumni.

investment bank.

exchange in Europe, Asia, or Central America. • 2-week International Study Tours allow you to earn credits toward your degree and experience different cultures first hand. Recent trips have

Asia Pacific

communication skills.

Australia & New Zealand

T

he Alberta MBA is built on Alberta tradition:

Strong

Europe

take advantage of our economic

included China, Germany, and Brazil. The MBA Career Guide Fall 2009 143

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Latin America

University of California, San Diego Programme Type: Full Time MBA Part Time MBA Executive MBA

Marketing Operations Management Strategic Management Technology Management

Joint Degree Programmes Offered: MBA + PhD Oceanography

Specialisation by Industry: IT / Telecommunications Pharmaceutical / Bio-Medical Venture Capital & Private Equity Innovation Full Time Course Information Start Dates: September

Specialisation by Function: Entrepreneurship Finance General Management Information Management Innovation / Knowledge Management Leadership

Programme Duration: 21 months

Tuition Fee: USD ($) 29400 / Year

Programme Duration : 30 months

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 220 Min. TOEFL Paper Based Score : 550 Min. IELTS : 7 Min. Years of Work Experience : N/A

Tuition Fee : USD ($) 870 / Unit

Application Fee : USD ($) 200 Part Time Course Information Start Dates : September

Contact: MBA Admissions Team Admissions Office Rady School of Management University of California, San Diego 9500 Gilman Dr #0554 La Jolla, California 92093-0554 United States of America

Executive Course Information Start Dates: September Programme Duration : 24 months

Tel: (858) 534-0864 Fax: (858) 822-5896 Email: MBAadmissions@ucsd.edu Web: www.rady.ucsd.edu

Tuition Fee : USD ($) 870 / Unit

Althea

Technologies,

Amylin

Pharmaceuticals,

North America

Baxter International, Becton Dickinson, Barclays Global Investors, Carl Zeiss, Cisco Systems, ColgatePalmolive, Deloitte, DivX, EA Sports, Gap, Genentech, Hewlett-Packard, IBM, Illumina, IMS Health, Intuit, Kashi, Kyocera, LG Electronics, Life Technologies, Motorola,

PETCO,

Pfizer,

Provide

Commerce,

Qualcomm, Sempra Energy, Solar Turbines, Sony, Sun Microsystems, Target and Taylor Made Golf.

Student Profiles Rémi Raphael Ph.D., Full-Time MBA 2009

Europe

Prior Job: Researcher, San Diego

The Rady School MBA: From Innovation to environment, where students take an idea to market. Impact Students gain exposure to commercialization

Supercomputer Center

The Rady School of Management at the University

opportunities at leading research institutes, and

and IT Auditor, Sempra Energy, Inc.

of California, San Diego, educates global leaders

tap into the expertise and imagination of fellow

“Joining the Rady School was

for innovation-driven organizations. A leading

students, faculty, campus experts and mentors from

the bravest decision I’ve made in my professional

professional school within one of the top-ranked

the business community.

career, leaving a promising research position and

Asia Pacific

U.S. institutions for higher education and research,

Current Job: Finance, Operations

crossing into the unfamiliar business universe. The

the Rady School offers a Full-Time MBA program, a

Your second year focuses on electives, with the

Rady School provided me with the navigation tools

FlexMBA program for working professionals and a

opportunity to customize your MBA program to

to safely cross the bridge from academia to industry

Ph.D. program.

meet your personal educational goals. The elective

and helped me to identify and grow my newfound

curriculum provides deeper knowledge of business

passions for finance and entrepreneurship. My Rady

A Rady education changes the way you approach

disciplines, including finance, marketing, operations

experience exceeded my expectations, including the

information, problems and opportunities. The Rady

and strategy. There is an emphasis on business and

career development assistance. It took me beyond

MBA is an immersion in innovation, designed to give

management issues in innovation-driven companies,

the classroom to explore various career paths, which

you the knowledge and skills to envision the future

with options to develop expertise in key industry

ultimately led to my current finance position.”

and then create it.

sectors, such as technology and life sciences, where

As a Rady MBA, you will be part of an expansive and

innovation drives both company creation and

Andrea Jackson,

survival.

Full-Time MBA 2008

Australia & New Zealand

highly collaborative community. Your network will

Prior

Job:

Clinical

Research

reach into communities where discovery happens,

Rady students receive individual attention from

Associate, Moores UCSD Cancer

and you will tap into alliances of entrepreneurs,

faculty who draw upon their research and passion

Center

intrapreneurs and business builders, connecting with

for innovation to educate the next generation

Current Job: Marketing Manager,

companies who succeed because of innovation.

of leaders. Our impact encompasses discoveries

Lifecomm (spinoff of Qualcomm

brought to the marketplace, products launched, new

Incorporated)

The Full-Time MBA combines a core curriculum with

service models established and companies started

“I chose to attend Rady because I knew that the

an emphasis on leading-edge industry sectors, an

or reinvented.

school’s strong ties to the life sciences and technology

integrative course sequence focused on innovation,

industries would help me make the transition from

a strong elective curriculum and a commitment to

MBA Career Connections engages directly with

research into a business role. My experiences, from

professional skill development. In your first year,

students to identify companies and sectors of

classroom discussions to club events and company

core curriculum is comprehensive and rigorous,

emerging interest. Great companies are interested

visits, opened my eyes to career paths that I never

culminating in the experiential learning environment

in Rady – and we are committed to nurturing

imagined would be available to someone with my

of “Lab to Market.” This three-course sequence begins

relationships that fulfill student interests and goals.

background.”

in the classroom and moves into a project-based

Companies interested in Rady MBAs include:

144 The MBA Career Guide Fall 2009

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Programme Type: Full-Time MBA Part-Time MBA Executive MBA Joint Degree Programmes Offered: MBA + MD

Specialisation by Industry: Consulting IT / Telecommunications Media & Entertainment Pharmaceutical / Bio-Medical Real Estate Retail / Consumer Goods Full-Time Course Information Start Dates: September Programme Duration: 21 months

Tuition Fee: USD ($) 29,690.50 / Per Year

Programme Duration: 27 months

Entry Requirements: Min. GMAT Score: 600 Min. TOEFL Computer Based Score: 250 Min. TOEFL Paper Based Score: 600 Min. IELTS: 7 Min. Years of Work Experience: 0

Tuition Fee: USD ($) 75970 / Total Program Cost

Application Fee: USD ($) 150 Part-Time Course Information Start Dates: April September

Executive Course Information Start Dates: September Programme Duration: 21 months Tuition Fee: USD ($) 86250 / Total Program Cost

Contact: Christine Hoyt, Assistant Director, Full-Time MBA The Paul Merage School of Business, University of California, Irvine SB 220 Irvine, CA 92697 United States of America Tel: +1 (949)-824-4622 Fax: +1(949) 824-2235 Email: mba@merage.uci.edu Web: mba.merage.uci.edu

Our learning environment, like the entrepreneurial

Disney, Google, Mercedes Benz Advanced Design,

businesses now demand is one of the main goals of

businesses that surround it, is highly collaborative and

Oakley, Pimco and Taco Bell can all be found in

the Paul Merage School of Business. Our visionary

focuses on the critical elements that have transformed

Orange County, just minutes away from the Merage

curriculum will teach you how to analyze business

the world of business – strategic innovation,

School. And Irvine is one of the most desirable and

problems and encourage you to think of innovative

information technology and analytic decision making.

safest locations to live in California – or anywhere.

solutions. At the Merage School we will help you

This collaborative environment sparks innovation and

develop core business skills while giving you broad

prepares students for the dynamic organizational

Student Profile

exposure to global business trends, international

challenges of leading companies and industries.

Class of 2011 Admissions Profile:

cultures and successful business mentors.

You will partner with corporate executives, faculty experts, the administration and the dean to create

Total Applications:

920

We know that business fundamentals such as

connections that will build your knowledge and foster

Entering Class Size:

105

accounting, finance, marketing, operations and

your confidence, leadership and interpersonal skills.

Mean Age:

28

strategy are all important, and a Merage MBA helps

You will build a strong working relationship with your

Mean GPA:

3.4

you excel in these areas. But in today’s corporate

career advisor as you develop and explore your career

GPA Middle 80% Range:

environment, these skills alone will not set you

goals. At Merage, you are more than just a number.

Mean GMAT:

apart.

At the Merage School, you have plenty

3.0-3.7 678

Middle 80% Range

630-730

of opportunities for translating knowledge into

UC Irvine’s Orange County location puts our campus

% Women:

36%

action through experiential learning. The MBA field

in the center of Southern California’s Tech Coast.

% International Students:

35%

project, and the business plan competition are two

Irvine is the primary location for up and coming

% U.S. Minority:

N/A

of the ways our students can begin applying their

businesses and industries – especially biotech,

Average Years of Work Experience:

4.5

knowledge outside the classroom.

medical, fashion, real estate, finance and auto design.

Countries represented:

14

Australia & New Zealand

Preparing you to become the kind of leader that

Asia Pacific

Europe

North America

Specialisation by Function: Accountancy Entrepreneurship Finance General Management Health Care Management Information Management IT Management Marketing

Strategic Management Technology Management Wealth Management

Latin America

The Paul Merage School of Business University of California, Irvine

Innovative companies such as Allergan, Broadcom, The MBA Career Guide Fall 2009 145

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Latin America

University of Iowa Henry B. Tippie School of Management Programme Type: Full Time MBA Part Time MBA Executive MBA Joint Degree Programmes Offered: MBA + JD MBA + MD MBA + MHSA MBA + M Sc Nursing MBA + Masters of Library Science

Specialisation by Industry: Banking / Financial Services Full Time Course Information Start Dates: August Programme Duration: 21 months

Entry Requirements: Min. GMAT Score: N/A Min. TOEFL Internet Based Score: 100 Min. TOEFL Paper Based Score: 600 Min. TOEFL Computer Based Score: 250 Min. IELTS: 7 Min. Years of Work Experience: 1 Application Fee: USD ($) 60 (domestic) USD ($) 100 (international)

Contact: Jodi Schafer, Director, Admissions & Financial Aid University of Iowa, Henry B. Tippie School of Management 100 Pomerantz Center, Suite C432 Iowa City, IA 52242-7700 United States of America

Programme Duration: 36 months Tuition Fee: USD ($) 600 / Per Credit Executive Course Information Start Dates: August

Tel: 1-319-335-1039 Fax: 1-319-335-3604 Email: TIPPIEMBA@UIOWA.EDU Web: tippie.uiowa.edu/mba

Programme Duration: 21 months

Part Time Course Information Start Dates: January, August

Tuition Fee: USD ($) 29808 / Per Year

North America

Specialisation by Function: Brand Management Finance General Management

Marketing Process Improvement Strategic Management

Tuition Fee: USD ($) 51000 / Total Program Cost

with consulting practices that

your interview stories and creating your sales

enhance in-class applications

presentation.

of the latest developments in business theory and practice

Student Profile

Tippie MBA students learn

Todd Nelson

about and use the latest

Class of 2007

technology. The curriculum into

“I wanted an affordable program that was highly

the learning experience. A

acclaimed within the finance arena, offered

computer lab just for MBA

international travel and study abroad opportunities,

students plus a wireless LAN

provided

accessible

opportunities and was a place I could call home. I

integrates

technology

throughout

the

Australia & New Zealand

Asia Pacific

Europe

business building ensure full The Tippie School of Management’s mission is to

access to the technology you need to be effective as

advance your professional and leadership potential

a student.

through educational, developmental and hands-

student

organization

leadership

found it all at Iowa! “I started my school search by looking for a program that offered an exceptional finance curriculum. I

on learning opportunities. You will receive a great

Iowa City

knew Tippie fit the bill, as they were ranked among

education where one-on-one interaction with

Iowa City appears frequently in “Best of…” rankings

the best in the world in finance by Financial Times.

faculty, small classes, and personal attention are the

of U.S. cities and towns. Iowa City is one of the “most

But it’s not just the rankings that make Tippie special;

norm. Close relationships with the corporate world,

livable,” “best educated,” “best places for business,”

the faculty and staff care about you as a person and

a strong alumni network, and career services built

“best small metro economies,” and “best places to

treat you as a colleague.

around your individual goals ensure you get the

raise a family.” Iowa City truly offers many of the

results you want.

pluses of big city life within the convenient, safe, and

“It was also important to me to attend an MBA

friendly atmosphere of a small town.

program

Tippie’s corporate connections offer access to

where

experiential

learning

and

international opportunities exist. I was thrilled to

the business world through alumni, consulting

The University of Iowa

become a part of the Henry Fund, an investment

opportunities, and speakers from major international

The University of Iowa is a major research university

management portfolio where students actively

firms, regional corporations, and start-up companies.

and a member of the Big Ten athletic conference. You

manage a $500K equity portfolio. I was able to

Student-run activities provide opportunities to

will find an amazing array of resources whether you

satisfy my international business interest through

build your professional network and to learn about

are looking for community theater, Broadway shows,

participation in the ‘Experience China’ program

companies and careers.

art museums, or ethnic festivals. Big Ten sports

where 16 other MBA students and I traveled to Hong

offer spectators plenty of opportunity to watch top-

Kong and China during winter break.

Tippie’s faculty, alumni, and frequent corporate

notch teams compete. Those seeking more active

speakers help you to improve your leadership skills.

participation can choose from over 30 different

“As a Tippie student, I served as the MBA

Through class projects, student organizations,

intramural and club sports.

Association president and was a member of several

and hands-on business experiences your personal

student organizations. These organizations bring

leadership style emerges. Personal coaching by

MBA Career Services

in prominent corporate speakers, participate

alumni and staff refines your professional presence

Tippie MBA Career Services is much more than a

in networking events in major US cities, hold

to reflect your true potential.

placement office. The staff are true partners in helping

workshops that are relevant to the respective

you achieve your next career goal. During your first

organizations,

Collaborative learning is a way of life at Tippie.

semester you refine your resume presentation,

ventures, among other activities.

Throughout the program, classes emphasize learning

prepare a portfolio to present to prospective

from your peers as well as from your instructors.

employers and complete your personal marketing

“I am currently working in Goldman Sachs’ Investment

Tippie MBA faculty combine exemplary teaching

plan. The staff are your advocates, consultants, and

Banking Division in New York City and feel 100%

ability and world-renowned academic research

marketers. They are also your coaches in crafting

prepared to make an impact in my professional career.”

and

spearhead

philanthropic

146 The MBA Career Guide Fall 2009

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Robert H. Smith School of Business, University of Maryland

Specialisation by Function: Accountancy Change & Organization Management

Specialisation by Industry: Banking / Financial Services Consulting Government IT / Telecommunications Non - Profit Organisation Pharmaceutical / Bio-Medical Public Sector Retail / Consumer Goods Venture Capital & Private Equity

Full-Time Course Information Start Dates: August

Application Fee: USD ($) 60

Programme Duration: 21 months

Part-Time Course Information Start Dates: August

Tuition: USD ($) 869 per credit

Programme Duration: 21-33 months

Entry Requirements: Min. GMAT Score: N/A Min. TOEFL Computer Based Score: 233 Min. TOEFL Paper Based Score: 600 Internet Based: 100 Min. IELTS: 6.5 Min. Years of Work Experience: 0

Tuition: USD ($) 869 per credit Executive Course Information Start Dates: January Programme Duration: 19 months

Tuition Fee: USD ($) 94,000 / Total Program Cost Contact: Sam Kang, Associate Director, MBA and MS Admissions Robert H. Smith School of Business, University of Maryland, Van Munching Hall Adelphi Road/Campus Drive College Park, Maryland 20742 United States of America

Latin America

Joint Degree Programmes Offered: MBA Only MBA + JD MBA + MD MBA + MPP (Masters in Public Policy) MBA + MSW (Masters of Social Work) MBA + MS (Master of Science in Business)

E-Commerce / Business Entrepreneurship Finance IT Management Logistics Marketing Supply Chain Management Technology Management

Tel: +1 (301) 405-2559 Fax: +1 (301) 314-9862 Email: skang@rhsmith.umd.edu Web: www.rhsmith.umd.edu

teams as consultants. The Mayer Fund gives handson experience in securities analysis and portfolio management to a select group of Smith MBAs. And, as associates in the New Markets Growth Fund (a $50-million venture capital fund), students develop financial investment models and identify new

North America

Programme Type: Full-Time MBA, Part-Time MBA, Executive MBA, MS Accounting, MS Finance

opportunities. The Office of Career Management (OCM) provides dedicated, professional support to help students launch their careers. OCM links students directly to recruiters through a variety of services, including ondatabase, which matches a Smith MBA to the right industry position. To learn more about Smith’s thought-provoking

Europe

and off-campus recruitment and the online resume

coursework, world-class faculty, and current class profile, or to apply, visit our Web site:

These uncertain times require a new breed of

Global Business School Network (GBSN) for its efforts

business leader, one who can make sense out

to create the next generation of leaders in low-income

Social Value Creation at the Smith School of Business

of complexity, cope with uncertainty, and drive

countries. The school also features an active Net Impact

The University of Maryland’s Robert H. Smith

innovation in an organization, all within the new

chapter, as well as coursework and extra curricular

School of Business is developing leaders with a

paradigm of corporate social responsibility and

activities that recognize the transformative power

deep sense of individual responsibility and the

social value creation.

of business to address today’s global challenges. In

knowledge to use business as a vehicle for social

September 2009, the school will launch its innovation

change. With the fall 2009 launch of the Center for

The Smith School’s MBA program helps to create

new Center for Social Value Creation, providing

Social Value Creation, the Smith School is working

these new leaders. The full-time MBA program was

opportunities for business students to discover their

to infuse these principles into every aspect of the

ranked No. 20 in the U.S. by the Financial Times in

core values and create a vision for change.

student experience. The concepts are woven into

The Smith School is located just outside of

experience. Smith students can experiment with

Washington, D.C in a region offering one of the

new business models, advancing technologies using

The Financial Times also ranked the Smith School

highest concentrations of culture, diversity and

critical thinking to tackle social market failures with

No. 12 in the world for research. The school is ranked

career opportunities in the country. The newest

innovation, both locally and around the globe. The

No. 3 in intellectual capital in Business Week’s 2008

benefactor of such an ideal position is Smith’s Center

Social Venture Consulting Program matches MBA

survey of “The Best B-Schools,” meaning that Smith

for Financial Policy and Corporate Governance, which

students with nonprofit organizations, where they

MBAs benefit from the kind of scholarship offered at

develops thought leadership in financial policy that

spend a semester working on challenges critical to

only a handful of elite institutions.

impacts corporate performance, capital allocation

the operational goals of the organization. The Global

and the stability of the global financial system.

Impact Program takes students into emerging

The

Smith

School

recognizes

the

need

economies where they benefit from opportunities to

for

understanding and innovating business practices

Smith MBAs gain real-world experience through

use their skills to address global challenges. For more

that make both social change and profit. Recently, the

the MBA Consulting Program, which exposes

information on social value creation at Smith, visit:

school had the distinct honor of induction into the elite

students to management issues by assigning MBA

http://www.rhsmith.umd.edu/svc/

Australia & New Zealand

the curriculum and students gain real-world field

2009. The part-time MBA program was ranked No. 16 by U.S. News & World Report (2009).

Asia Pacific

http://www.rhsmith.umd.edu/mba.

The MBA Career Guide Fall 2009 147

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University of Miami

Joint Degree Programmes Offered: MBA + JD MBA + MD MBA + MSc (Engineering) MBA + Bachelor of Architecture Specialisation by Function: Accountancy Finance General Management International Management /

Business Marketing Operations Management Computer Information Systems, Real Estate, Business Law

Programme Duration: 21 months

Specialisation by Industry: Banking / Financial Services Consulting IT / Telecommunications Retail / Consumer Goods International Business Full Time Course Information Start Dates: January, August

Entry Requirements: Min. GMAT Score : 600 Min. TOEFL Computer Based Score : 220 Min. TOEFL Paper Based Score : 550 Min. Years of Work Experience : 0

Tuition Fee: USD ($) 1480 / Per Credit

Application Fee : USD ($) 100

Executive Course Information Start Dates: January April July August October Programme Duration : 23 months Tuition Fee : USD ($) 1480 / Per Credit

Contact: Cristina Raecke, Director of Recruiting and Admissions University of Miami 221 Jenkins Building 5250 University Drive Coral Gables, Florida 33146 United States of America Tel: 305-284-2510 Fax: 305-284-5905 Email: mba@miami.edu Web: www.bus.miami.edu/grad

Australia & New Zealand

Asia Pacific

Europe

North America

Latin America

Programme Type: Full Time MBA Executive MBA

Located in a major hub of international trade and

Student Profile

the Ziff Graduate Career Services Center. The center

commerce, the University of Miami School of Business

Students are attracted to the University of

promotes graduate business students to the local

Administration is recognized for the international

Miami School of Business for its unique location,

and national business communities and strengthens

orientation and diversity of its faculty, student body,

flexible curriculum and outstanding professional

relations with recruiters in order to secure the best

and curriculum. Considered the most prestigious

growth opportunities. More than 15 countries are

possible career opportunities upon graduation.

private school in Florida, recent graduates have

represented in the fall 2008 class. The diversity of the

tagged the University of Miami as the Ivy League

student body in a city known as a global business

Those who have earned an undergraduate business

School of the South. With approximately one-third

portal contributes to an outstanding learning

degree within the last seven years from an accredited

of the students coming from outside of the United

environment. Not only are students part of one of

university may complete the MBA in 32-credit hours,

States, students are part of a large international

the largest alumni networks of any business school,

also on a full-time basis, lock step and cohort in

network. Our MBA Program is personalized and

they study among the most qualified students and

nature. Admissions for the One-year MBA program

flexible with job placement upon graduation a

learn from one of the most distinguished faculties in

is in January.

priority. As a University of Miami MBA student, you

the world.

can look forward to a challenging and rewarding educational experience.

In addition to the Full-time MBA, UM offers Executive UM’s Full-time MBA program is a 56-credit, lock-

MBA and MBA for Working Professionals programs as

step program that is completed in less than two

well as a Spanish-language MS/MBA program.

Classes are held in a 24 million dollar award-winning

calendar years. Students typically enroll in elective

facility. The facility features a paperless library, tiered

courses during the third semester and the first term

stadium style classrooms with high-back leather

of the fourth semester of the program. Students can

seats, a graduate student lounge, break-out rooms

complete a concentration based on completion of

and a computer lab all dedicated exclusively to

appropriate electives. Graduate assistantships that

graduate business students.

award up to 75 percent tuition are available for full time students entering in the fall semester. Summer internship opportunities are available through

148 The MBA Career Guide Fall 2009

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Stephen M. Ross School of Business University of Michigan

Entry Requirements Average GMAT: 701 Min TOEFL computer-based score: 250 Min TOEFL Internet-based score: 100

Course Information Start date: September

Application fee: $200

Phone: 734-763-5796 Fax: 734-763-7804 Email: rossmba@umich.edu Web: www.bus.umich.edu

entrepreneurship (Zell Lurie

Student Profile

Institute for Entrepreneurial

Brent Morgan, MBA/MS 2010

Studies), operations exce-

Summer Associate

llence

Renewable Energy Leadership Program

for

(Tauber Global

Institute

Operations),

Latin America

2009-10 tuition fee: USD $47,989

Contact: Office of Admissions Stephen M. Ross School of Business University of Michigan 701 Tappan St. Ann Arbor, MI 48109-1234

General Electric Co.

and emerging economies (William Davidson Institute),

Brent is working on a dual-degree through the Erb

among others.

Institute for Global Sustainable Enterprise. He’s had a variety of environmentally focused careers, from

Student life at Ross is all

serving as a wildlife research assistant in the Utah

about people: the ideas,

desert to working for the U.S. Green Building Council.

diversity, and action that

“I was pleasantly surprised to meet other students

enliven the MBA experience.

with diverse backgrounds – from professional chefs

More

than

70

student

to Peace Corps alumni,” says Brent. “I’d mention I

clubs

and

organizations

lived on a remote farm in Costa Rica for two years

provide support and access

and no one even batted an eye. The demographic

The Ross School of Business is a dynamic, distinctive

for recruiting, interviewing, and networking for

and professional diversity make Ross an interesting

learning community that is consistently ranked

internships and jobs. Experts and industry leaders

community with connections to many industries.

among the world’s leading business schools. Ross

participate in on-campus lecture series, conferences,

It’s great, because energy is of real interest to me.

develops ideas that shape – and people who lead –

and special events, many of which are led by students.

It lies at the crossroads of economics, policy, and

complex, global organizations.

The global network of more than 40,000 Ross alumni

environmental issues. Thanks to Ross and Erb, I

and half a million U-M alumni constitutes a valuable

landed an internship in the summer of 2008 with

lifelong resource.

E.On Climate Renewables in Austin, Texas, where I

Ross faculty impact the way business is taught and practiced around the world. Ross students develop their

leadership

talent

through

North America

Program duration: 16 months

Music (MBA/MM) Natural Resources and Environment (MBA/MS) Naval Architecture and Marine Engineering (MBA/MA) Public Policy (MBA/MPP) Russian & East European Studies (MBA/MA) Social Work (MBA/MSW) Urban Planning (MBA/MUP)

Europe

Joint degree programs offered: Architecture (MBA/M.Arch) Asian Studies – Chinese (MBA/MA) Asian Studies – Japanese (MBA/MA) Asian Studies – South Asia (MBA/MA) Asian Studies – Southeast Asia (MBA/MA) Construction Engineering and Management (MBA/MSE) Educational Studies (MBA/MA) Fine Arts (MBA/MFA)

Health Services Administration (MBA/MHSA) Higher Education (MBA/MA) Industrial and Operations Engineering (MBA/MS) Information (MBA/MSI) Law (MBA/JD) Management of Patient Care Services (MBA/MS) Manufacturing Engineering (MBA/MEM) Medicine (MBA/MD) Modern Middle Eastern and North African Studies (MBA/MA)

got some really valuable on-the-ground experience

action-based

The school’s Office of Career Development (OCD)

as a wind developer – a great career starter. This

learning programs that connect the world of ideas

offers a diverse portfolio of recruiting companies

summer I was able to further broaden my exposure

to the world of practice. The cornerstone experience

and industries to allow students considerable

through an internship in the renewable energy

is the required Multidisciplinary Action Projects

flexibility in the job search. OCD hosts more than

leadership program at GE. It was another wonderful

(MAP) course. For seven weeks each spring, first-

5,000 on-campus interviews annually. In interviews,

opportunity to gain hands-on knowledge in my field

year students partner with sponsors throughout the

Ross students can demonstrate ways they’ve already

of interest.”

world to tackle pressing organizational challenges

impacted industry. They are able to share a range of

and deliver data-driven solutions.

experiences and knowledge that proves to recruiters

Asia Pacific

Program type: Full-time MBA

they can see the big picture, collaborate across The school’s general management curriculum

functions and industries, and move seamlessly

prepares students to lead by offering a combination

between the role of team leader and team player.

and the freedom to explore. Students have access

In January 2009, the Ross School opened a new,

to some of the world’s premier graduate programs

state-of-the-art facility that supports the school’s

and faculty at the University of Michigan. There

commitment to delivering a transformational

are numerous ways to enrich students’ business

educational experience. The campus is within walking

education and worldview through elective courses

distance of downtown Ann Arbor, an intellectually

outside of Ross or a dual-degree program.

robust city that blends high culture and popular

Australia & New Zealand

of rigorous fundamentals, practical experience,

culture. Twenty percent of Ann Arbor residents speak The Ross School also houses research institutes and

a language other than English at home, and sixteen

centers that provide extraordinary thought leadership

percent were born outside the U.S.

and learning opportunities. They are committed to hands-on experience in sustainable business (Erb Institute for Global Sustainable Enterprise), The MBA Career Guide Fall 2009 149

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Why Choose Freeman? If passion, focus, and challenge are words you use to describe the ideal MBA -- it is time to get to know Freeman. It’s the size and scope Tulane’s Freeman School offers one of the most intimate classroom experiences among all ranked MBA programs. At the same time, our network stretches around the globe. There are almost as many faculty as full-time MBA students. Nearly a thousand students graduate from Freeman programs annually, thousands of alumni who offer contacts and experience. Our small classrooms come with the latest in technologies bundled in a $50 million business complex.

It’s the attitude and experience The people at Freeman come from dozens of countries and dozens of U.S. states. Every class is a global experience - enriched by faculty who have taught and worked around the globe. Freeman IDFXOW\DUHH[SHUWVLQWKHLU¿HOGUHDOSHRSOHKHUHIRUWKHFKDOOHQJH$W7XODQHWKH\JHWWRH[SHULence the world, do the research, and teach in a hands-on setting that’s second to none. Every MBA studies around the globe - weeks of study that leads to excursions in Mexico, France, and China. Freeman MBA’s know the business world is more than a textbook; it is an experience.

It’s the style and substance The Freeman approach to success starts with a one-on-one discovery of you. Your team of peers, faculty, and staff connect you to the Freeman school community. You get hands-on experience through innovative programs - stock analysis - case competitions - business planning - marketing research. Freeman offers you an opportunity based curriculum that supercharges your network.

It’s about format and strength The education at Freeman is a combination of real-world experience and the kind of learning that produces results. Our programs are designed to sequence learning and experience for career impact. MBA subjects are delivered in intensive sessions, while experiential classes and electives IRVWHURSSRUWXQLWLHV7XODQHœV0%$SURJUDPLVWRSUDQNHGLQWKH86DQGLQWHUQDWLRQDOO\DUHÀHFWLRQ of the experience at Freeman.

Graduate Admissions 7 McAlister Drive, Suite 410 New Orleans, LA. 70118 (504) 865- 5410 (800) 223-5402 http://freeman.tulane.edu

experience unlike any other business school

8/09

Ad page template.indd 1

6/8/09 10:22:08


University of Missouri, Crosby MBA Program

Latin America

Programme Type: Full Time MBA Joint Degree Programmes Offered: MBA + JD MBA + MHSA MBA + MSc Industrial Engineering Specialisation by Function: Accountancy Accountancy & Financial Brand Management Economics Entrepreneurship Finance General Management

Health Care Management Human Resource Management Information Management International Management / Business Leadership Marketing Organisational Behavior Public Administration Public Relations Management Risk Management Strategic Management Wealth Management Specialisation by Industry: Banking / Financial Services Consulting

Tuition Fee: USD ($) 333/805 / Per Credit

Government Non - Profit Organisation Pharmaceutical / Bio-Medical Public Sector Real Estate Retail / Consumer Goods Venture Capital & Private Equity Accounting Full Time Course Information Start Dates: January June August

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 213 Min. TOEFL Paper Based Score : 550 Min. IELTS : 5.5 Min. Years of Work Experience : 0 Application Fee : USD ($) 60

Contact: Barbara Schneider, Director of Admissions University of Missouri, Crosby MBA Program 213 Cornell Hall Columbia, MO 65211 United States of America Tel: +00 1 (573)882-2750 Fax: +00 1 (573)882-6838 Email: mba@missouri.edu Web: www.mba.missouri.edu

Programme Duration: 15-21 months

Admission standards are high.

North America

The

Crosby

evaluates

MBA an

program

Student Profile

applicant’s

academic background and life experiences.

Highly qualified

students who wish to enter directly from an undergraduate program are welcome.

Entry

is available for the fall, spring, or summer semester. We use rolling admissions, although applications are encouraged early in the semester prior

Crosby MBA students……….

to

• Come from all backgrounds.

entry,

particularly

for

Europe Asia Pacific Australia & New Zealand

No business

prerequisites are required, so students are welcome

international students.

from science, engineering, liberal arts, journalism, The Crosby MBA Program at the University of Missouri

The newly implemented Crosby MBA curriculum is

business, health-related, or any academic or

(MU) is challenging and contemporary, with a small

designed to give you the tools essential for making

employment background. Applicants represent a

and select group of students who are committed

superior business decisions. Emphasis is placed

variety of educational institutions and numerous

to academic and lifelong success.

Opportunities

on promoting real-world experiences including

foreign countries. The diversity of our students

for personal growth and professional development

team-building, direct consulting with business

abound, and our focus is on creating an environment

organizations,

in which each student can explore and pursue a

leadership skills.

career path that fits his or her individual needs and

Business

demonstrates

or teaching assistants, or instructors for personal or

goals.

that business decisions usually require the use of

corporate finance classes. Most of these students

knowledge associated with a number of disciplines

also receive a full waiver of all tuition expenses, or

Recent rankings by The Wall Street Journal, Forbes,

to analyze and solve complex and ambiguous

substantial scholarships which fund all or most of

and U.S. News and World Report provide national

problems.

• Earn an excellent return on their investment. Nearly

Participation in our Integrated

50% of Crosby MBA students are graduate research

opportunities

Perspectives

program

to

their tuition.

recognition of the outstanding quality of the MU Crosby MBA degree.

High scores on “return on

strengthens the learning experience for all.

improve

and

• Enjoy travel and study abroad experiences. Courses are arranged into five study areas:

Students can spend 4 weeks in northern Italy

investment” criteria help make your decision to join

Quantitative

Marketing,

studying international or other business topics

us the right one! Also, we are a Top 15 program in

Management and Professional & Experiential

during the summer, or visit India to study

Marketing as listed in Entrepreneur Magazine’s

Learning. We provide a solid background in core

international marketing for 15 days during the

Student Opinion Honors based on a Princeton

areas of business knowledge and then expand that

winter intersession. International students travel,

Review survey.

knowledge base and provide opportunities for

site-see, and visit friends throughout the United

you to apply your new skills in real-world business

States during week-long fall and spring holidays,

Analysis,

Finance,

Recruiters hire MU Crosby MBA students because

settings. Specialized concentrations allow you to

they know our brand and know that our students are

develop expertise in one area of interest.

prepared to contribute value in the work place. Our

or between semesters. • Develop personally and professionally through classes, team-based learning, case competitions,

Career Services provides individual career counseling,

We welcome you to visit our beautiful home in

MBA Association networking and social and

workshops on job search strategies, an Alumni

Cornell Hall on the University of Missouri campus to

community-service activities, collaboration with

Mentoring Program (AMP!), business site visits, and

meet with Admissions and Career Services staff, tour

businesses, award-winning faculty, and personal

on-campus career fairs and interviews. Networking

campus, share lunch with current MBA students, and

is available with many external speakers who offer

visit with a professor or have a classroom experience.

• Visit mba.missouri.edu to see why others chose an

comments on current business topics, career paths,

Once you are here, it will be easy for you to imagine

MU Crosby MBA for their future……..and why you

and challenges facing young professionals.

yourself as part of the Crosby MBA community.

should do the same.

attention from a dedicated professional staff.

152 The MBA Career Guide Fall 2009

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Telfer School of Management University of Ottawa

Joint Degree Programmes Offered: MBA/LL.B. MBA/LL.L. MBA/LL.M. Specialisation by Function: General Management Performance Management

Full Time Course Information Start Dates: August

Min. IELTS : 7 Min. Years of Work Experience : 2 Application Fee : USD ($) 75

Programme Duration: 12 months

Part Time Course Information Start Dates : August

Tuition Fee: USD ($) 8794 / Per Semester Entry Requirements: Min. GMAT Score : 550 Min. TOEFL Computer Based Score : 250 Min. TOEFL Paper Based Score : 600

Programme Duration : 36 months Tuition Fee : USD ($) 478 / Per Credit

The Telfer MBA’s integrated curriculum trains

Contact: Christyne Auger, Manager of Graduate Marketing and Recruitment Telfer School of Management University of Ottawa Demarais Building 55 Laurier East Ottawa, Ontario K1N 6N5 Canada

Latin America

Programme Type: Full Time MBA Part Time MBA Executive MBA

Tel: +1 (613) 562-5884 Fax: +1 (613) 562-5912 Email: mba@telfer.uOttawa.ca Web: www.mba.uOttawa.ca

Student Profile

North America

ambitious managers to lead people, take charge of organizations, allocate resources effectively and articulate strategic vision – all fundamental skills of high performance managers. In addition, the Telfer MBA provides students with opportunities to work directly with business-intelligence

tools

and

closely

examine methods and processes used by organizations to create integrated performance management systems. The curriculum covers achieve high performance in any industry or sector.

Christophe Lapaque, MBA 2005 Geneva, Switzerland Investment Manager, Gamma Partners SA

International Exchanges The importance of international experience is

“While deciding to pursue the MBA Program at the

emphasized by offering full-time students the

University of Ottawa, I could never have imagined

opportunity to gain a global perspective of the

how valuable this experience would be. The two

changing face high performance management

most important benefits it gave me are a strong

via a trip to a key international business centre.

intellectual grounding and lifelong friendship.

Europe

the fundamental skills needed by leaders to

the appropriate skills to start a career in finance.

The Telfer School of Management at the University of

The Telfer MBA is not all courses, lectures

Not only did I acquire solid knowledge through the

Ottawa is uniquely positioned to link with and learn

and projects. In addition to these vital program

course curriculum, but I have also been well advised

from Canada’s leaders. With some 3,600 graduate

components, the Telfer MBA enables you to compete,

and greatly supported to enrol in the CFA exam:

and undergraduate students, 200 full- and part-

network and build lifelong relationships throughout

the combination of those two elements has made a

time faculty and 22,000 alumni, the Telfer School of

various activities and events.

significant difference in my career path after the MBA.

Management is a diverse and vibrant environment in

Since graduating, my education has quickly proved

which students, faculty, researchers and alumni can

Leading-edge Career Centre

useful by strengthening both my confidence and

forge rewarding lifelong relationships.

The Telfer School’s Career Centre provides a wide

my interpersonal skills. The diversity of the program

array of first-class services, programs, events

really helped me to adapt to different environments

Asia Pacific

Before starting the MBA I was hoping to develop

A complete Education

At the Telfer School, we believe that an MBA

also cultivates strong relationships with employers

and Paris. Besides, the impressive wealth of cultures

education should prepare managers and leaders to

in all business and government sectors–creating

and experiences of my classmates has been, is and

focus on results, value and outcomes with discipline

employment opportunities, enhancing student

will be of great value in order to cope with the future

and adaptability. To that end, we offer an intensive

value and facilitating employer recruitment.

challenges I will encounter during my personal and

and integrated program that features small classes,

professional development.”

The following is a decsription of the typical in world-class facilities. All business schools face the Telfer MBA student: high interaction and peer learning—all conducted

challenge of integrating curriculum in a way that is

Average GMAT 611

relevant and practical. We believe that leadership

Average Age

of high performance organizations provides us

Average Work Experience 7 years

31

with an integrating theme that has several unique

Australia & New Zealand

The Telfer MBA — for Leaders of High and resources to help students and alumni chart such as management support, trading and M&A Performance Organizations successful courses for the future. The Career Centre teams in various places including Geneva, Zurich

advantages. The MBA Career Guide Fall 2009 153

MBACG Fall 09.indd 153

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Programme Type: Full Time MBA (Two Year Program) Full Time MBA (One Year Program) Part Time MBA Executive MBA Joint Degree Programmes Offered: MBA/JD MBA/Masters of International Business MBA/MS Engineering, MBA/MS in Management Information Systems; MBA/Masters in Public and International Affairs MBA/Masters in International Development

Full Time Course Information Start Dates: August

Specialisation by Function: Accountancy Entrepreneurship Finance Hr Management Information Management International Management/ Business Marketing Operations Management Organizational Behavior Strategic Management Supply Chain Management

Part Time Course Information Start Dates: January April August

Programme Duration: 24 months Tuition Fee: USD ($)52,728 / Total Program Cost

Specialisation by Industry: Banking / Financial Services Consulting IT / Telecommunications Pharmaceutical / Bio-Medical Retail/Consumer Goods Venture Capital l& Private Equity

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score: 250 Min. TOEFL Paper Based Score : 600 Min. IELTS : 7 Min. Years of Work Experience : 0 Application Fee: USD ($) 50

North America

Latin America

University of Pittsburgh Joseph M. Katz Graduate School of Business

Programme Duration: 36 months Tuition Fee: USD ($) 940/ Per Credit Executive Course Information Start Dates: January February March Programme Duration: 18 months

Tuition Fee: USD ($) 65,000 / Total Program Cost Contact: Cliff McCormick, Director of Admissions Joseph M. Katz Graduate School of Business, University of Pittsburgh 276 Mervis Hall Roberto Clemente Drive Pittsburgh, Pennsylvania 15260 United States of America Tel: +01(412) 648 1700 Fax: +01(412) 648 1659 Email: MBA@katz.pitt.edu Web: www.business.pitt.edu/katz/

graduate business schools, and

who balance work/family responsibilities. Classes

#1 for value for the money.

meet Friday and Saturday every other week during an 18 month program.

Europe

One-Year MBA This ambitious program presents

The EMBA classroom is dynamic emphasizing

the traditional two-year MBA

discussion, case analyses, team and small group

format in less than one calendar

projects, computer simulations, and workshops. The

year. It combines a formidable

course work focuses on vision, strategic planning,

core curriculum with the choice

and execution. Three international immersion

of an array of concentrations in

sessions (Global Executive Forums) are conducted

all business disciplines, taught by

in North America, Europe, and South America at the

a world-class faculty dedicated

beginning, midpoint, and end of each program of

to the merger of research and

study and allow students to engage in course work

teaching.

infused with a global context.

Dual-degree Programs

EMBA Worldwide was ranked 8th in cross-continent

Students add specialization to their

programs globally by Financial Times in 2008.

business education by combining disciplines in information systems, biotechnology,

marketing

of

Asia Pacific

engineered products, law, or Since 1960, Katz Graduate School of Business has

international business. Options include:

From the first day in the program Katz students are

been recognized as a leader in business education

• MBA/Juris Doctorate

grouped into Multi-cultural Learning Teams and

and research. One of the 17 founding members of

• MBA/Master of International Business

learn to recognize and leverage the synergy and skills

the AACSB, Katz is home to one of the first federally

• MBA/Master of Science in Engineering

of their group to work together inside and outside of

funded centers for international business and

• MBA/Master of Science in Management Information

the classroom. With 48% of its student body coming

research. The school delivers a high quality business

Systems

from international locations, students are introduced

education that stresses experienced-based learning

• MBA/Master of Public and International Affairs

to an amazing breadth of backgrounds and learn

and skill development to ensure students’ success

• MBA/Master of International Development

to apply these multi-cultural perspectives to their

in a competitive, global marketplace. The school’s

Australia & New Zealand

Student Profile

leadership and decision-making skill sets. Students

location in the heart of the nation’s #1 most livable

Part-time MBA

leave the Katz program with a greater ability to

city (2009 The Economist) enables Pitt Business to

Reputation and affordability make the Katz the

compete in the global marketplace.

establish strong relationships with corporations

school of choice for a part-time MBA. Earn a world-

headquartered in Pittsburgh.

recognized degree at a low cost; currently $940

Students participate in extracurricular activities and

per credit for Pennsylvania residents or $1,501 per

often socialize with classmates outside the classroom.

Two-Year MBA

credit for non-Pennsylvania residents. With a world-

They meet at a small café located in the graduate

This program allows students time to customize their

class faculty, the program encompasses the same

business school building. The Student Executive

MBA by choosing up to 30 credits from electives.

techniques and teaching philosophies as the full-

Board arranges activities to benefit the student

Students

time program.

body through 18 clubs/organizations (including

receive

hand-on

learning

through

internships, Consulting Field Projects, professional

a golf club, ski/snow sports club, and professional

development electives, case competitions and

EMBA Worldwide

organizations) and many sports throughout the city

participation in the Executive Spotlight Series. In

The Executive MBA program prepares graduates to

such as the Pittsburgh Steelers, Penguins, Pirates,

2009 the Financial Times of London ranked the Katz

compete with the world’s top executives. It is designed

and all the Division I sports teams at the University

Two-Year MBA program #25 among the best US

for working professionals who travel extensively or

of Pittsburgh.

154 The MBA Career Guide Fall 2009

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Specialisation by Function: Accountancy Brand Management Business Systems Consulting E-Commerce / Business Entrepreneurship Finance General Management Health Care Management

Specialisation by Industry: Banking / Financial Services Consulting

Tuition Fee: USD ($) 1366 / Per Credit

Tuition Fee : USD ($) 1366 / per credit hour

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : N/A Min. TOEFL Paper Based Score : N/A Min. Years of Work Experience : 0

Executive Course Information Start Dates: September

Application Fee : USD ($) 125

Tuition Fee : USD ($) 79500 / Total Program Cost

Full Time Course Information Start Dates: January, September

Part Time Course Information Start Dates : January, March, June, September

Programme Duration: 21 months

Programme Duration : 46 months

Programme Duration : 22 months

Contact: Gregory V. MacDonald, Executive Director for MBA Programs William E. Simon Graduate School of Business Administration 305 Schlegel Hall Wilson Blvd. Rochester, New York 14627-0107 United States of America Tel: 585-275-3533 Fax: 585-271-3907 Email: admissions@simon. rochester.edu Web: www.simon.rochester.edu

Simon. Where Thinkers Become Leaders!

Requirements vary for International Management

MBA consortium events (New York, NY; Atlanta, GA;

The Simon experience is designed to prepare students

majors who may participate in one of nine exchange

and the west coast).

to meet not only the management challenges of

programs outside the U.S. and for joint-degree

today, but also those of tomorrow. The Simon School

programs in public health administration and an

Also, our unique New York Recruiting Program (NYRP),

promotes an integrated, cross-functional approach

MD/MBA program. A 39-credit-hour MS program

will celebrate 30 successful years in January 2010,

to management which uses economics as both

with concentrations in Marketing, Accountancy,

providing students an unprecedented opportunity

the framework and common language of business.

Medical

Teaching methods include the use of cases, lectures

and

and projects with outside firms.

Management,

Technology

Transfer

to interview with top New York City firms. A new

Commercialization,

Information

Systems

program called In a New York Minute takes place in

Management, Manufacturing Management, and

October 2009 and Boston Recruiting Program (BRP)

Service Management is also available. An MS degree

in February 2010. All of the above programs strive

The MBA Program

with a concentration in Finance is also available,

to bring Simon students to the companies that they

The Simon School MBA program is fully accredited

requiring 36 credit-hours of study.

wish to work for instead of forcing the companies to

by the A.A.C.S.B. International-The Association to Advance Collegiate Schools of Business.

North America

Joint Degree Programmes Offered: MBA + MD MBA/MPH

International Management / Business IT Management Manufacturing Management Marketing Operations Management Strategic Management Technology Management

only recruit on campus.

The Simon School Founded in 1958 and named for the late William E.

Postgraduate recruitment

At the heart of the student’s first-year experience are

Simon in 1986, the Simon School offers MBA, MS

Avg. mean accepted offer (2008): 83484

the cohort, or class team, and the study team. Study

and Ph.D. degrees and joint-degree programs at

Work experience during the program: 3-month

teams provide a forum for practicing management

its Rochester, New York, campus. Executive MBA

summer internship

skills in a context which demands accountability and

programs are offered in Rochester, and Switzerland.

Employed domestically: n/a

responsibility while encouraging the development

The faculty is consistently ranked in the top 30

Companies recruiting on campus (2003-2004): n/a

of interpersonal and team-management skills. Simon

among U.S. business schools in both academic and

is unique in that it has a Coach-Program which has

popular surveys.

Student Profile

Career Management Centre

“My experience at Simon gave me a focus and

At the Simon School, our students and corporate

a passion. Having come from a more technical

With 50% non-U.S. students (from over 17

partners are the benefactors of the Career

background, I needed a strong foundation in the

countries) the Simon School’s study-team system

Management Centre’s...it is our mission to support

fundamentals of economics and marketing. The rigor

offers numerous opportunities to study and work

both our students and our corporate partners in the

of Simon’s curriculum, which is heavily quantitative in

directly with a diverse group of students on global

recruiting process.

nature, continues to help me in my career every day.

Europe

Programme Type: Full Time MBA Part Time MBA Executive MBA

Latin America

William E. Simon Graduate School of Business Administration

In a highly creative and fad-driven industry, I cannot

management issues. The Career Management Centre’s Counselling

overstate the importance of a logical, analytical

Requirements

and Education Staff offers targeted personalized

framework in which to assess business decisions.

To earn the MBA degree, each student must

counselling to assist students in developing and

successfully complete 67 hours of study with a 3.0

implementing

search

Earning an M.B.A. begins with believing in

grade point average. The flexible entrance-date

plans. The Corporate Relations arm of the Career

yourself—you are stronger than you think. Don’t be

schedule permits students to start the six-quarter

Management Centre works on behalf of our students

intimidated by your peers, male or female. Yes, they

program in September (three-fourths of the

to build long-term relationships with our many

are exceptional, but so are you.”

graduating class) or January (one-fourth).

corporate partners.

The MBA curriculum consists of nine required

We offer corporate partners a wide range of

core courses, 11 electives and a 3-credit sequence

individualised services to meet their staffing needs

in Management Communication . Although not

for both intern and full-time candidates. Services

required, concentrations are offered in fifteen areas

include resume books, web-based resume access,

of study.

targeted resume referrals, complimentary job listing

highly

effective

career

—Kelly Stone ’03, M.B.A. Brand Management, Senior Marketing Manager., Hasbro Inc.

Australia & New Zealand

to operate and deal with team issues.

Asia Pacific

2nd-year students mentoring first-year teams in how

services, on-campus interviewing, and three regional The MBA Career Guide Fall 2009 155

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Programme Type: Full Time MBA Part Time MBA International MBA (IMBA) Joint Degree Programmes Offered: MBA + JD MBA + MSc (Accounting/Taxation) IMBA+JD, MBA+MSN, MBA+MSRE Specialisation by Function: Accountancy Accountancy & Financial Corporate Governance Economics Entrepreneurship

Finance General Management International Management / Business Leadership Marketing Supply Chain Management Real Estate, Venture Management Specialisation by Industry: Banking / Financial Services Consulting Government IT / Telecommunications Non - Profit Organisation Pharmaceutical / Bio-Medical Public Sector

North America

Latin America

University of San Diego Real Estate Venture Capital & Private Equity

Min. TOEFL Paper Based Score : 580 Min. IELTS : 7 Min. Years of Work Experience : 2

Full Time Course Information Start Dates: August

Application Fee : USD ($) 80

Programme Duration: 16-24 months

Part Time Course Information Start Dates : January September

Tuition Fee: USD ($) 1170 / Per Credit

Programme Duration : 24-30 months

Entry Requirements: Min. GMAT Score : 600 Min. TOEFL Computer Based Score : 240

Contact: Kacy Kilner Hayes, Admissions Director of MBA Programs University of San Diego Office of Graduate Admissions 5998 Alcala Park San Diego, California 92110-2492 United States of America Tel: +1 (619) 260-4860 Fax: +1 (619) 849-8307 Email: mba@sandiego.edu Web: www.sandiego.edu/MBA

Tuition Fee : USD ($) 1170 / Per Credit

Program offers a broad-based, interactive curriculum

of innovative graduate programs which include the

focused on developing socially responsible leaders

Master of Science in Global Leadership (MSGL), the

who make thoughtful decisions that impact their

Master of Science in Accountancy (MACC)

organization and the world at large.

, Master of Science in Taxation (MTAX), the Master of Science in Supply Chain Management (MS-SCM),

Graduates are prepared to undertake leadership

the Master of Science in Real Estate (MSRE), and the

and management responsibilities in business,

Master of Science in Executive Leadership (MSEL).

governmental and non-profit organizations.

SAN DIEGO ON THE PACIFIC RIM Program flexibility and acceleration allow for degree

San Diego, known for its cultural diversity and

completion in two years on a part-time basis or 16

mild climate, is one of the top ten largest cities

months on a full-time basis. Program specializations

in the United States. Today, it is at the epicenter

tailored to individual interest are available.

of burgeoning industries such as biotechnology,

Europe

software development, and telecommunications, America and the Pacific Rim.

internships, international consulting practicums, and

Administration is committed to developing socially

study abroad programs.

Student Profile

responsible leaders and improving global business personalized education. For over 35 years, the School

INTERNATIONAL MASTER ADMINISTRATION (IMBA)

has been a leader in offering just such an education.

The International Master of Business Administration

As a result, USD School of Business Administration

(IMBA) is a

graduates hold professional positions in high

educating leaders with a global orientation and skills

technology, new economy corporations, consulting

to succeed in the international marketplace.

firms,

Asia Pacific

and is a major business center bordering Latin

an array of opportunities to MBA students including The University of San Diego (USD) School of Business

practice through applied research and innovative,

Australia & New Zealand

Centers and Institutes of the School of Business offer

and

other

entrepreneurial

OF

BUSINESS

full-time, cohort-based program

endeavors

throughout the Pacific Rim and beyond.

Program flexibility and acceleration allow for degree completion in just 12 or 16 months. Daytime classes

The degree programs at the School of Business

are kept small, promoting interactive learning.

Administration have achieved the highest level of international recognition by being fully accredited

Program design incorporates the flexibility for

Lowell McAdam, Evening MBA 1983

by AACSB International. In addition, the School is a

numerous study abroad options: completing a Dual

President and CEO, Verizon Wireless

member of the European Foundation of Management

Degree; enrolling in a semester exchange program;

“I picked-up more tools getting my MBA at USD than

Development (EFMD) and the Latin American

participating in USD study abroad opportunities in

I did anywhere else along the way.”

Council of School of Business (CLADEA). Our MBA

such countries as Argentina, Brazil, China, the Czech

programs are ranked #36 globally for integrating

Republic, France, and Spain.

Chris Leyerle, Full-time MBA 2009 Life Technologies, Integration Analyst

social and environmental issues according to the An international practicum (strategic consulting

“It is all about the people. USD has done a tremendous

project) integrating core course skills in an

job of hiring exceptional professors and attracting

If you are passionate about leading and transforming

international environment is a required component

high quality students.”

organizations in the global economy of the 21st

of the program. These opportunities are sponsored

century, the School of Business Administration at the

by USD’s privately endowed Ahlers Center for

Wendy Hannan, IMBA Alumnus 2006

University of San Diego would like to hear from you.

International Business.

Client Manager, BCMS Corporate

Aspen Institute’s Beyond Grey Pinestripes ranking.

“The IMBA program was valuable in many ways. I

MASTER OF BUSINESS ADMINISTRATION SPECIALIZED GRADUATE DEGREE PROGRAMS gained significant exposure to a global economic In addition to the MBA and IMBA Programs, the environment, in the classroom in San Diego and (MBA) The Master of Business Administration (MBA)

School of Business Administration offers a variety

through several opportunities to study abroad.”

156 The MBA Career Guide Fall 2009

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University of San Francisco, Masagung Graduate School of Management

Tuition Fee: USD ($) 1160 / Per Credit

Executive Course Information Start Dates: February September

Part Time Course Information Start Dates : January (MBA CAP) May (Intensive Part-Time MBA) August (Part-Time MBA)

Programme Duration : 15 months (February) 19 months (September)

lifelong professional networks.

Contact: Kelly Brookes, Director, MBA Admissions University of San Francisco, Masagung Graduate School of Management 2130 Fulton Street MH 411 San Francisco, CA 94117 United States of America Tel: 415-422-2221 Fax: 415-358-9112 Email: mba@usfca.edu Web: www.usfca.edu/mba

experiences and executive coaching skills sessions interspersed throughout the program. The program

Intensive One-Year and Intensive concludes with a three-day completion module and Part-Time MBA executive retreat, traditionally held at a nearby resort These

an

location. Applicants are required to have minimum

accelerated pace for students who

programs,

offering

seven years of work experience with at least two

have completed an undergraduate

years in management position.

degree in business, economics, or industrial engineering (with some

Student Profile

business coursework), consist of 16

I made a rational decision

units of integrated core courses and 32

to attend a full time MBA

elective units. Fast Track, the beginning

program in the fall of 2007. I’d

cohort component, consists of eight

been in the work force for four

integrated core courses along with

years, and most recently in the

experiential learning sessions.

publishing industry. I realized that I wanted to do something

USF MBA students benefit from the rigorous academic

MBA CAP (Career Advantage Program)

tradition and social justice values of a Jesuit university.

This part-time program, designed for employed

that else, but I knew I needed more and I decided to

Our exceptional faculty consists of entrepreneurs,

students who have less than two years work

search for it in an MBA program.

consultants, researchers, and business leaders who

experience at the time of application, consists of 30

provide insights across different business industries

units of core courses and 26 elective units. The MBA

I wanted to stay in the Bay Area, so I focused my MBA

and disciplines. Supported by this dynamic network,

CAP includes a series of professional development

research on the world-class MBA programs located

USF MBA students grow in their understanding of

workshops and activities to help students identify

near San Francisco, including the University of San

business, while simultaneously bringing a fresh,

personally relevant career opportunities, improve

Francisco. I was initially attracted to the USF MBA

socially just perspective to global business issues.

skills for workplace success, develop job search

program because of its location in one of the most

In addition, the USF MBA alumni network fosters

strategies, and sharpen interviewing skills.

progressive business environments.

MBA for Executives

The atmosphere at USF is an incubator of

Presented as course modules of various topics and

entrepreneurism and innovation.

USF MBA offers AACSB accredited programs designed

duration, the 15- or 19-month MBA for Executives

to some of the most intelligent and interesting

to educate men and women for business leadership as

program is organized into five areas: Leading,

business minds in the world. The small class sizes,

they face the challenges of a culturally diverse world.

Managing and Communicating; Finance, Accounting

with its focus on leadership and group learning

Students (excluding those in the MBA for Executives

and Economics; Data, Decisions and Operations;

were key differentiators, and greatly enhanced my

Program) may choose one or more emphases in

Ethics, Social Responsibility & Law; and Marketing.

learning experience. What’s unique to the USF MBA

Entrepreneurship, Finance, International Business

The course work is a balance between individual

experience is that the faculty and administration

and Marketing. Joint MBA degrees are offered in

and group projects to develop career insights and

encourage new and innovative business ideas that

Asia Pacific Studies, Environmental Management,

skills useful within the scope of a student’s current

will help build a better world.

Financial Analysis, Law, and Dentistry (in partnership

professional work responsibilities as well as the

with the UCSF School of Dentistry).

strategic direction necessary for effective leadership

I attended business school to change my career, and

of an organization. The program follows a cohort

the USF career center was a key component for me

Full-Time and Part-Time MBA

model and begins with a three-day foundation

to realize my goal. The career center provided me

These programs consist of 28 units of core courses

module in September (19-month) and February (15-

with a key internship during the summer between

to build a foundation of business understanding and

month) each year. Classes meet for eight hours three

my first and second year, which ultimately led to my

28 elective units. Core courses follow a cohort model,

Saturdays a month, and for eight hours on Fridays

new career in renewable energy with SunEdison-- a

encouraging close working relations and friendships

either once a month or once every two months.

global leader in providing solar services.

from the outset of the program and resulting in

The program also consists of integrated learning

else; I hadn’t ultimately defined

relationships that encourage lifelong collaboration and career opportunities.

Latin America

Application Fee : USD ($) 55

Tuition Fee : USD ($) 1160 / Per Credit

Tuition Fee : USD ($) 79,340 / Total Program Cost

North America

Programme Duration: 12 months (Intensive One-Year MBA) 21 months (Full-Time MBA)

Programme Duration : 24 months (MBA CAP) 21 months (Intensive Part-Time MBA) 30 months (Part-Time MBA)

I was exposed

Europe

Full Time Course Information Start Dates: May (Intensive One-Year MBA) August (Full-Time MBA)

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Internet Based Score : 100 Min. TOEFL Paper Based Score : 600 Min. IELTS : 7 Min. PTE: 73 Min. Years of Work Experience : 2

Asia Pacific

Joint Degree Programmes Offered: MBA + JD MBA + DDS (with UCSF School of Dentistry), MBA + MSFA (Financial Analysis), MBA + MAPS (Asia Pacific Studies), MBA+MSEM (Environmental Management)

Specialisation by Function: Entrepreneurship Finance International Management / Business Marketing

Australia & New Zealand

Programme Type: Full-Time MBA Part-Time MBA Intensive One-Year MBA Intensive Part-Time MBA MBA CAP (Career Advantage Program) Executive MBA

The MBA Career Guide Fall 2009 157

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Latin America

Marshall School of Business University of Southern California Programme Type: Full Time MBA Part Time MBA Executive MBA Joint Degree Programmes Offered: MBA + JD MBA + MD MRED, MSW, DDS, MSISE, MPl, PharmD, MA East Asian Area Studies, EdD, MA Jewish Comm Svs, MA Gero

Specialisation by Industry: Banking / Financial Services Consulting IT / Telecommunications Media & Entertainment Real Estate Retail / Consumer Goods Venture Capital & Private Equity

North America

Specialisation by Function: Brand Management Entrepreneurship Finance Information Management Innovation / Knowledge

Management International Management / Business Logistics Marketing Operations Management Organisational Behavior Project Management Supply Chain Management Technology Management Business of Entertainment

Full Time Course Information Start Dates: August

Part Time Course Information Start Dates : August

Programme Duration: 21 months

Programme Duration : 33 months

Tuition Fee: USD ($) 83,790 / Total Program Cost

Tuition Fee : USD ($) 83,790 / Total Program Cost

Entry Requirements: 80% GMAT Range: 640-740 TOEFL: 250/600 Avg. Years of Work Experience: 5

Executive Course Information Start Dates: August Programme Duration : 21 months

Application Fee : USD ($) 175

A

Marshall

MBA

Contact: A. Keith Vaughn Assistant Dean and Director Marshall School of Business, University of Southern California, JKP 308 611 Exposition Boulevard Los Angeles, CA 90089-2633 United States of America Tel: +01 (213) 740-7846 Fax: +01 (213) 749-8520 Email: MBA.Admissions@marshall. usc.edu Web: www.marshall.usc.edu

Tuition Fee : USD ($) 107,000 / Total Program Cost

delivers

a

distinct

professional edge. We purposefully keep our programs small to maintain a learning environment that facilitates teamwork, personal attention and professional growth. Our professors build relationships with their

Student Profile

Leslie White, MBA ’09 Financial Analyst, Frito-Lay Plano, Texas

students, in essence, combining the benefits of a major university with the support one

After

would expect from a smaller private school

Stanford University with

graduating

from

– including the invaluable connections that

a B.A. in Economics, Leslie White accepted a position

carry far on into one’s career.

Europe

as regional director of Score! Educational Centers, a The Marshall School is further distinguished

subsidiary of Kaplan, Inc. White thrived in the job,

by our location in the center of one of

but recognized the importance of catching her

the most dynamic and diverse cities

breath and reflecting on the experience. “I wanted

in the world, Los Angeles.

As a result,

to take a moment and understand why what I was

Marshall is unparalleled in its access to the

doing was working – or not working,” she says. “And

industries defining the new millennium–

business school seemed like the best way to do it.”

The USC Marshall School of Business with its world

biotechnology, life sciences, media, entertainment,

class faculty, leading schools for accounting,

communications and healthcare; plus, as the gateway

As she researched MBA programs, USC Marshall

entrepreneurship and real estate, and renown

to Asia and Latin America, the setting is ideal for

quickly rose to the top of her list. Marshall offered

Centers of Excellence, is an extraordinary institution

honing and developing a truly global management

both a small class size and access to the resources of

at an extraordinary university.

perspective.

a large private university. The school’s global focus

Ranked among the top twenty business schools in

However, what is most definable about the

“There’s a real sense that the goal at Marshall is for

the US, Marshall leads in the research and discovery

“Marshall Experience” is perhaps the indefinable, the

everyone to make it through and succeed,” she says.

of knowledge that defines business education.

connection to one of the oldest, most cherished and

The breadth and depth of our research, academic

most vibrant communities, worldwide -- the USC

Success is something White knows all about. An

programs, and curriculum are inimitable and we

Trojan Family.

internship in corporate finance at Frito-Lay led to a

Asia Pacific

and legendary network were also big selling points.

are first and foremost in connections to the global

Australia & New Zealand

markets of Asia-Pacific and the Americas.

full-time offer. Her PRIME (Pacific Rim International At Marshall, we strive to imbue our students with

Management Education) experience, which sent her

a learning experience that uniquely prepares

to Beijing and Shanghai to develop an economic

Our academic programs offer professionals at all

them to lead and thrive in the most challenging of

model for Tyson Foods, was so well received that her

stages of their careers the opportunity to enhance

environments while maintaining a commitment to

project team was flown to Arkansas and Washington,

their skills, and we are first among business schools

integrity and the community. As such, we value the

DC to present their work to company executives and

to require that all students travel and complete

potential of every student, and we encourage and

officials at the USDA. For White, who is also married

consulting projects in Asia-Pacific and Latin America.

support their loftiest dreams and career aspirations.

and has an infant son, it has been “a balancing act –

Beyond the full-time two-year program, Marshall

and a lesson in effective time management!”

offers a three year part-time program, a two-year

In turn, organizations know that when they hire

Executive MBA program, a Global Executive MBA

students from USC Marshall, they get innovative

program -- in partnership with Shanghai Jiao Tong

thought leaders and global business professionals

University, and the IBEAR program, the only program

who strengthen their bottom line while take their

in the US offering a one-year international MBA

organizations to the forefront of positive social

degree.

change.

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Joint Degree Programmes Offered: MBA + JD Specialisation by Function: Accountancy Entrepreneurship Finance General Management Human Resource Management Information Management

Programme Duration: 21 months

International Management / Business Manufacturing Management Marketing Operations Management Risk Management Nonprofit Management

Tuition Fee: USD ($) 24,187 / Per Year Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 220 Min. TOEFL Paper Based Score : 550 Min. IELTS : 6.5 Min. Years of Work Experience : 2

Specialisation by Industry: Banking / Financial Services Retail / Consumer Goods New Ventures Full Time Course Information Start Dates: August

Application Fee : USD $60 for domestic students; $90 for international students (outside U.S.) Part Time Course Information Start Dates : February September Programme Duration : 48 months

Tel: +1 (800) 328-6819 ext. 2-8800, +1 (651) 962-8800 Fax: +1 (651) 962-4129 Email: ustmba@stthomas.edu Web: www.stthomas.edu/mba

Tuition Fee : USD ($) 793 / Per Credit

As part of this select group, you will also develop extensive relationships with our

Contact: Dustin Cornwell, Director of FT MBA Admissions University of St. Thomas Terrence Murphy Hall, Suite 100 1000 LaSalle Ave Minneapolis, Minnesota 55403 United States of America

Student Profile

faculty. These highly-credentialed scholars

Michele Reis

with doctoral degrees from some of the

UST MBA Class of 2008

world’s best-known universities are also

Michele earned her bachelor’s degree in business

experienced professionals with real-world

administration at Centro Universitário de BrasíliaUni

knowledge of what they teach – and the

in Brazil. She worked for her family business, first as

passion to teach it well.

an administrative assistant, then as a supervisor and

North America

Programme Type: Full Time MBA Part Time MBA Executive MBA

Latin America

University of St. Thomas

buying manager for nine clothing and accessories

An Ethical Approach

retail stores. She chose St. Thomas because it was

The University of St. Thomas has among

different from other schools.

The University of St. Thomas has provided a first-

any business school in the nation. Since the UST

“They emphasized ethics in the workplace. I was

class education to business students for more than

MBA programs were founded in 1974, ethics,

communicated with personally and my needs were

100 years. Throughout its history, the Opus College

strategic planning and decision-making skills have

responded to promptly. When I visited campus to

of Business has been committed to excellence in

been a critical and integrated component of the

attend a finance class I witnessed first-hand the small

educating highly principled business leaders. Today,

curriculum.

and personal classes. The teachers knew the students

more than 5,000 graduate and undergraduate

and the quality of the classes was exceptional.

students make this premier institution their first

Minnesota and the Twin Cities

choice for business education.

The UST MBA campus is located in the heart of

“My classmates and I have learned to approach

downtown Minneapolis. Home to hundreds of

economic

A Curriculum of Relevance

artistic and cultural venues, and miles of waterways,

strategies. Through our leadership labs we’ve also

Business leaders must be able to reason critically, act

lakes and parks, the Twin Cities area is a vibrant and

developed new techniques to leading. Each person

wisely and work skillfully in any environment. These

rewarding place to live and work. In fact, Kiplinger’s

has strengths and success comes when we leverage

are the skills you develop in the Full-time UST MBA’s

called it a “cosmopolitan gem.”

our team’s abilities to do well.

problems

using

practical

Europe

the largest business ethics faculty of

business

The area’s diverse economy provides our students

“After working for eight years and growing up in

In small classes, you gain a solid understanding of

with a fertile business laboratory. If you are interested

a family business, I didn’t think I had much new to

business, put theory into practice in leadership,

in Fortune 500 companies and large innovative

learn. I was wrong. After one year in the Full-time

communication and ethics labs, and apply your skills

organizations, they’re here. And, because of the

UST MBA program I became a different professional. I

in an external consulting project. You can also choose

region’s rich tradition of philanthropy, you’ll also find

have learned about corporate culture and economic

from among more than 100 electives to customize

this an ideal place to become involved in progressive

statistics and discovered that marketing is much

your degree.

social programs and nonprofit organizations.

more than advertising. I’ve run a company and

You also gain valuable experience in an internship at

Today, more than 3 million people call the Twin Cities

am also wiser and have a deeper understanding of

organizations ranging from Fortune 500 companies

home. Whether their grandparents emigrated from

relevant business practices.”

to a new venture start-up. The university’s extensive

Scandinavia or Somalia, or they moved here from

network of alumni – more than 55,000 strong –

Los Angeles or Latin America, residents share a few

Michele is using her UST MBA as a category

carries the UST reputation into a broad spectrum of

common characteristics—an open-minded point

development manager for West Grocery in California,

enterprises, including 3M, Microsoft, Target, CNN,

of view, a commitment to creativity and a sense of

a division of Hershey Company.

Medtronic and Honeywell.

the possibilities this evolving metropolitan area

Asia Pacific

21-month program.

provides.

A Personal Approach The Full-time UST MBA is deliberately small, limited

For more information, visit www.stthomas.edu/mba.

to 100 candidates each year. This small size creates a cohort environment critical to your learning

Australia & New Zealand

consulted for a Fortune 500 medical company. I

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Programme Type: Full Time MBA Part Time MBA Executive MBA

IT / Telecommunications Non - Profit Organisation Real Estate Venture Capital & Private Equity

Specialisation by Function: Accountancy Economics Entrepreneurship Finance General Management Information Management International Management / Business Marketing Specialisation by Industry: Banking / Financial Services

Full Time Course Information Start Dates: January August Programme Duration: 18 months Tuition Fee: USD ($) 488 / Per Credit

Entry Requirements: Min. GMAT Score: 450 Min. TOEFL Computer Based Score: 230 Min. TOEFL Paper Based Score: 580 Min. IELTS: 7 Min. Years of Work Experience: 0

Programme Duration: 30 months Tuition Fee: USD ($) 488 / Per Credit Executive Course Information Start Dates: August

Application Fee: USD ($) 40

Programme Duration: 21 months

Part Time Course Information Start Dates: January August

North America

Latin America

John H. Sykes College of Business University of Tampa

Tuition Fee: USD ($)38,000 for 2 year program

modules designed to develop

Student Profile

practical

hands-on

Contact: Office of Graduate and Continuing Studies John H. Sykes College of Business University of Tampa 401 W. Kennedy Blvd Box 102F Tampa, FL 33606 United States of America Tel: +1 (813) 258-7409 Fax: +1 (813) 259-5403 Email: utgrad@ut.edu Web: ut.edu/graduate

business

Nearly a quarter of the University’s graduate students

knowledge; and 12 credit hours

come from nations outside the United States. With

for

students enrolled from nearly 100 countries, the

elective

courses.

Other

program elements include:

University celebrates opportunities for diverse cultural and educational exchange.

Leadership

Development

-

During a first-semester course,

The International Programs Office staff assists

Leading

Performance,

students with pre-arrival information, orientation

students prepare a plan that sets

and advice on academic, social, cultural and

goals. Business executives and

employment matters.

for

alumni are available for students with

executive

Applications and all supporting documents should

coaching, while faculty mentor

one-on-one

be completed by June 1 for fall semester (begins in

students

August) and November 1 for spring semester (begins

throughout

their

Europe

programs. W.S.

in January).

Pierce

Distinguished

Practitioner Speaker Series -

The University offers financial assistance to U.S. citizens and permanent residents only.

Nationally-recognized business leaders

Asia Pacific

professionals

Institutional Employment: Part-time positions are

The University of Tampa’s MBA programs teach

regularly visit the University to speak on leadership

and

offered by many campus departments. Students

essential knowledge for business success. From day

challenges and strategies.

do not have to demonstrate need to qualify. Open

one, students sharpen strategic leadership skills

Capstone Experience - As part of program curriculum,

positions are listed outside the Financial Aid Office or

through advanced courses taught by dedicated

students work as a team to produce a strategic

can be obtained by calling the job line at (813) 253-

professors, all with doctoral degrees.

business assessment, and then create an oral and

6213 x 9036.

written presentation for the top leadership of an In the MBA Full-Time Day Program, students can

actual company.

complete coursework in 16 months. The MBA Part-

assistantships

are

available

each

academic year to select full-time graduate students.

Time Evening Program offers working professionals

The John H. Sykes College of Business is an integral

Assistantships provide a tuition waiver for up to 9

a flexible schedule in which a degree can be earned

part of a 100-acre university campus nestled in the

credit hours per semester, plus a $1,500 stipend.

in less than three years.

heart of Tampa. As a comprehensive institution,

Graduate assistants work 20 hours per week for an

The University of Tampa provides a full spectrum of

academic or administrative office, carry a full course

resources, qualified faculty and modern facilities.

load (at least 8 credit hours), and must maintain a

The following concentrations are offered: • Accounting

Australia & New Zealand

Graduate

3.0 overall GPA. To obtain an application, contact

• Economics

The Sykes College of Business is one of only 19

the Office of Graduate and Continuing Studies at

• Entrepreneurship

private schools in the Southeast accredited at both

(813) 258-7409 or utgrad@ut.edu.

• Finance

the graduate and undergraduate levels by AACSB

• International Business

International - The Association to Advance Collegiate

• Management

Schools of Business.

• Management Information Systems • Marketing • Nonprofit Management The MBA curriculum includes a foundation core, providing key business concepts and techniques; an integrated core, providing half-semester course 160 The MBA Career Guide Fall 2009

MBACG Fall 09.indd 160

3/8/09 16:38:07


Untitled-1 1

7/16/2009 2:37:49 PM


Latin America

University of Wisconsin - Madison Wisconsin School of Business Programme Type: Full Time MBA Part Time MBA Executive MBA Joint Degree Programmes Offered: MBA + JD Specialization by Function: Brand Management Engineering Business Entrepreneurship Finance General Management Human Resource Management

Logistics Manufacturing Management Marketing Operations Management Risk Management Supply Chain Management Technology Management Arts Administration Real Estate Full Time Course Information Start Dates: August Programme Duration: 21 months

Tuition Fee: USD ($) 26,568 / Per Year

Programme Duration : 32 months

Entry Requirements: Min. GMAT Score : 600 Min. TOEFL IBT : 100 Min. TOEFL Paper Based Score : 600 Min. Years of Work Experience : 2

Tuition Fee : USD ($) 17,814 / Per Year Executive Course Information Start Dates: August

Application Fee : USD ($) 56

Programme Duration : 22 months

Part Time Course Information Start Dates : September

Tuition Fee : USD ($) 35,750 / Per Year

North America

business community. For

Contact: Erin Nickelsburg Director of Admissions University of Wisconsin-Madison Wisconsin School of Business 2400 Grainger Hall 975 University Ave Madison, WI 53706 United States of America Tel: (608) 262 4000 Fax: (608) 265 4192 Email: mba@bus.wisc.edu Web: www.bus.wisc.edu/mba

Student Profile

example, students in the

Kyle Nel

Applied Security Analysis

MBA Class of 2010, Marketing

Program actively manage

Research

more than $60 million in Hometown: Atlanta, GA

real money. The

school

2009 MBA Internship:

emphasizes

international perspectives

Wm. Wrigley Jr. Company,

woven into the curriculum

New Product Innovation Life Savers, Consumer

and

Marketing Insights Chicago, IL

applied

learning

and offers a variety of opportunities international

for

an

experience.

Position prior to MBA: Director of Marketing Research, Clear Channel Inc., Atlanta, GA

Asia Pacific

Europe

During the past two years, The Wisconsin MBA program at the University

students organized and went on trips to India, China,

of Wisconsin-Madison has a long tradition of

Japan, Brazil, and Dubai. Trips to Argentina and

producing future business leaders and offers current

South Africa are planned for 2010.

students the opportunity to connect with and learn

Why I chose Wisconsin: The old saying the “broader the base the taller the

from these leaders. The unique curriculum and

Wisconsin MBA graduates are highly sought after and

tower” applies nicely, I think. I wanted to further my

learning environment delivers superior specialized

employed by industries across the nation and around

career in marketing research. I wanted and needed

expertise. It also offers a strong, close community

the world. Organizations recently hiring Wisconsin

an MBA to get ahead but also wanted and needed

that is centered around each student’s chosen field.

MBA graduates include: Procter & Gamble, GE, Bank

a graduate-level education in my chosen field.

Wisconsin MBA graduates are out in front. They

of America, Credit Suisse, UBS, IBM, Cisco, Intuit,

These two paths seemed opposed, until I found

achieve quickly and notably as business leaders in

Dell, Johnson & Johnson, General Mills, and Nestlé.

Wisconsin. Once I came and visited the campus and

their chosen field.

Our MBA Employment Statistics Report is posted at

met the people, I knew that this was the right place

http://www.bus.wisc.edu/mbacs/students/stats.asp.

for me. I know it sounds cliché but Wisconsin really

The program is ranked among the nation’s top 30

is the perfect union of a top-notch, rigorous MBA

business schools by U.S. News and World Report and

The School of Business also offers Enterprise MBA

combined with a deep specialization, all within a

Forbes Magazine.

programs for working professionals which includes

truly collaborative environment.

the Wisconsin Evening MBA and Wisconsin Executive The Wisconsin MBA is comprised of 12 highly regarded

MBA. These programs offer a general management

The Wisconsin Culture:

career specializations: Applied Corporate Finance,

degree. They draw a diverse student population

The culture here is everything. Yes, I have heard

Applied Security Analysis, Arts Administration,

from over 250 employers.

those words at nearly every company I have ever

Brand and Product Management, Entrepreneurial

Australia & New Zealand

Undergrad: BYU

Management,

Marketing

Research,

worked for and school I have ever visited, but here it

Operations

Madison is routinely ranked by national publications

is the soul of what makes Wisconsin so outstanding.

and Technology Management, Real Estate, Risk

among the best cities in the United States in which to

Wisconsin is a place for collaborative people, a

Management and Insurance, Strategic Human

live, and the scenic University of Wisconsin-Madison

family-esque atmosphere. I really love that. In many

Resource Management, Strategic Management in

campus is located in the heart of Wisconsin’s capital

programs there seems to be a zero-sum approach

the Life and Engineering Sciences, and Supply Chain

city.

to learning. But here at Wisconsin there is a strong

Management. Each specialization builds on a general

and overriding feeling that we all can go farther if we

management core curriculum to provide intensive

We invite you to visit our websites for more detailed

pull together. That collaborative ethos is woven into

focus in a specific professional field.

information regarding the Wisconsin MBA.

everything that we do and are taught.

In addition to traditional lectures, the Wisconsin MBA

Full-time MBA: www.bus.wisc.edu/mba

curriculum includes case analysis, project work, team

Evening MBA: http://www.bus.wisc.edu/evemba/

interaction, and hands-on, practical experience in the

Executive MBA: http://www.bus.wisc.edu/execmba/

162 The MBA Career Guide Fall 2009

MBACG Fall 09.indd 162

30/7/09 17:37:01


Vanderbilt University Owen Graduate School of Management

Programme Duration: 21 months

Tuition Fee: USD ($) 22,850 / Per Semester

Application Fee: USD ($) 100 Executive Course Information Start Dates: August

Latin America

Full Time Course Information Start Dates: August

Entry Requirements: Min. GMAT Score: 500 Min. TOEFL Computer Based Score: 250 Min. TOEFL Paper Based Score: 600 Min. IELTS: 0 Min. Years of Work Experience: 0

Email: admissions@owen. vanderbilt.edu Web: owen.vanderbilt.edu

Contact: John Roeder, Director of Admissions Vanderbilt University, Owen Graduate School of Management Management Hall 401 21st Avenue South Nashville, TN 37203 United States of America Tel: 615-322-6469 Fax: 615-343-1175

Vanderbilt is a close-knit business community that

difference in your career, your community and your

Come for a Visit

opens doors to a world of possibilities. This is a place

world. The Vanderbilt MBA offers a rigorous curriculum

We encourage you to come to campus and experience

that, besides equipping you with tools for leadership,

featuring a core foundation of general management

Vanderbilt in person. Visit owen.vanderbilt.edu to

empowers you to exert a shaping influence on your

skills, career specializations and a seven-week

learn more.

own learning (and on the school). It challenges you

modular calendar that provides a quick start, allowing

to go beyond old boundaries and get involved with

you to make significant progress in your preferred

others in something bigger than yourself. Perhaps

area of study before beginning a summer internship.

that’s why Vanderbilt has long attracted students

A trademark of the Vanderbilt MBA is the best-of-class

TJ Ashaye, MBA 2010

who are known for being self-starters, team players,

Leadership Development Program, which provides

Human Resources Leadership

problem solvers, global thinkers and down-to-earth

assessments, peer feedback, coaching and real-world

Program Intern, GE

colleagues who value a degree based on practical

leadership challenges. In addition, Owen offers a

experience more than a mere pedigree.

highly personal approach to career management,

Recalling the folk tales she

ensuring that students receive the individual attention

heard from her grandfather, TJ

The Vanderbilt Advantage

and access to the knowledge, resources and guidance

• A collaborative, diverse community: A supportive

required to achieve their career goals.

atmosphere that builds a sense of community

Student Profile

Ashaye is eager to share with others the stories and culture of her native Nigeria. As proud as she is of her homeland, it was always

The Vanderbilt Executive MBA

her ambition—fueled, perhaps, by the diverse array

• Hands-on experience: An abundance of innovative

The Vanderbilt Executive MBA is a highly demanding

of international businesspeople she encountered in

and immersive real-world projects that enable you

and intensely rewarding two-year program designed

Lagos—to work and attend business school abroad.

to apply new knowledge quickly

specifically for established professionals already in

while empowering individual achievement

• A focus on leadership: A cutting-edge leadership

or approaching senior management positions. The

That ambition led her in 2004 to Atlanta, where she

development program that spurs continual

program features an alternating Saturday format that

sought work that built on her experience as an HR

cultivation of transformative leadership and

allows working executives to earn a full 60-credit-hour

officer with Oceanic Bank in Nigeria. Initially, she says,

teamwork skills

Vanderbilt MBA without disrupting career momentum.

the culture shock—from the climate, to the vagaries

• Extraordinary faculty: World-class faculty who

Taught by Owen’s distinguished faculty, the program

of the U.S. job and credit markets—was enormous.

are experts in their fields and passionate about

has earned a reputation for its emphasis on strategy

But her “never-give-up attitude” drove her to study

scholarly research and mentoring students

and finance, featuring a year-long strategy sequence

voraciously. She landed a job in a nonprofit career

• Market-driven curriculum: Curriculum that is

and consulting project during the second year. The

development center, where she helped others secure

developed with the input of industry executives

second year also requires a week-long international

jobs.

who will employ graduates

business residency, ensuring that students are well

• Career connections: Extensive recruiting contacts,

acquainted with the challenges and opportunities of

After extensive research, she chose Owen for its

global alumni network and a stellar reputation for

advancing their careers and organizations in a global

intimate size, diversity and strong concentration

creating well-rounded managers

marketplace.

in Human & Organizational Performance. From

• Global perspective: Considerable international

orientation weekend, when she was encouraged to

experience and exposure give you an

help organize a cultural exchange event involving

advantage

international students, TJ says she has been

in

the

rapidly

changing

marketplace

North America

Specialisation by Function: Accounting Brand Management Corporate Finance Entrepreneurship Finance

Programme Duration: 24 months

Europe

Joint Degrees: MBA + JD MBA + MD MBA+MA in Latin American Studies MBA+MDIV (Divinity) MBA+PhD

Tuition Fee: USD ($) 41,792 / Per Year

Asia Pacific

General Management Health Care Human and Organizational Performance Information Technology International Studies Investment Management Marketing Operations Management Real Estate Strategy

empowered to take on leadership roles.

• A distinctive location: A beautiful, historic campus in Nashville, a city Kiplinger’s

“Owen offered me the support to shape my future,” she

named the “No. 1 Smartest Place to Live,”

says. “And I have advanced both my career in HR and

offering a thriving business climate and an

my global mindset with a summer internship at GE.”

outstanding quality of life Owen, she says, approaches students with the same

The Vanderbilt MBA

drive for success that she brought to America: “It’s

The Vanderbilt MBA is a full-time, two-

amazing how everyone here goes the extra mile to

year program that prepares you to make a

help you succeed.”

Australia & New Zealand

Programme Type: Full Time MBA Executive MBA

The MBA Career Guide Fall 2009 163

MBACG Fall 09.indd 163

6/8/09 10:40:40


Latin America

Olin Business School, Washington University in St. Louis Programme Type: Full Time MBA Part Time MBA Executive MBA Ph.D. MSF (Finance) MACC (Accounting) MS (Supply Chain Management) Joint Degree Programmes Offered: Law, Biomedical Engineering, Architecture, Urban Design, East Asian Studies, Social Work

Full Time Course Information Start Dates: August

Specialisation by Industry: Banking / Financial Services Consulting IT / Telecommunications Pharmaceutical / Bio-Medical Retail / Consumer Goods Venture Capital & Private Equity

Tuition Fee : USD ($) 93,600 / Total Program Cost

other programmes

Programme Duration: 21 months

Part Time Course Information Start Dates : January August

Tuition Fee: USD ($) 21,262 / Per Semester

Programme Duration : 34 months

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 240 Min. TOEFL Paper Based Score : 590 Min. Years of Work Experience : 0

Tuition Fee : USD ($) 1,280 / Per Credit

Contact: Evan Bouffides, Assistant Dean and Director of MBA Admissions Olin Business School, Washington University in St. Louis Campus Box 1133 One Brookings Drive St. Louis, MO 63130-4899 United States of America

Executive Course Information Start Dates: April September

Application Fee : No Application Fee for Full Time MBA; varying application fees for

North America

Specialisation by Function: Accountancy Brand Management Business of Healthcare Entrepreneurship

Finance General Management Human Resource Management Leadership Marketing Operations Management Organisational Behavior Strategic Management Supply Chain Management

Tel: +001 314-935-7301 Fax: +001 314-935-6309 Email: mba@wustl.edu Web: www.olin.wustl.edu

Programme Duration : 20 months

innovative menu of hands-

We encourage and invite all interested candidates

on learning opportunities

to apply to the Olin MBA. Each applicant is assessed

that

on

enable

apply

you

your

knowledge

to

multiple

dimensions

including

academic

classroom

background, professional experience, and leadership

real-life

qualities. In addition, all candidates are considered

business situations. Olin

to

for significant scholarship awards at the point

is one of the few business

of admission. For more information on the Olin

schools in the country

experience at Washington University in St. Louis,

to

visit our website at http://www.olin.wustl.edu/mba

establish

center

for

a

formal

experiential

or contact the Admissions Office at 314-935-7301.

learning which leads the development of programs that link our students with

Europe

corporations, nonprofits, and other institutions.

Dino Adamou, MBA ’04

Thanks to the generous

“As an international student, I wanted to find a

support of the Skandalaris

business school that matched my professional and

family, the Olin School

personal goals and recognized the value of diversity.

of

also

The Olin School has exceeded all my expectations of

develop

a top ranked business school. The flexible curriculum

one of the outstanding

gives me the opportunity to take numerous elective

At Olin, you’ll find a supportive community where each

entrepreneurship programs in the country. The

courses in my area of interest and learn with a hands-

person’s interests and ideas make a difference. Personal

Skandalaris Center for Entrepreneurial Studies (SCES)

on approach through the Center for Experiential

attention is Olin’s trademark. With approximately 150

supports student learning and career pursuits while

Learning. International students make up about a

MBA students in each class, you’re assured of receiving

serving the University and community. Students

third of the class, lending a truly global approach to

individual attention from our faculty and staff. And

write business plans, research products and services,

management studies, and the small class size creates

it’s likely that you’ll get to know our dean, Mahendra

investigate intellectual property, analyze marketing

an environment where I get individualized attention

Gupta, whose door is always open.

strategies, and evaluate the effectiveness of

from my professors and tremendous support from

administrative procedures. Social entrepreneurship

my classmates. I am part of the Olin community and

is another emerging facet of this dynamic program.

know that I have the very best resources with me as I

Business

Asia Pacific

continues

Olin’s curriculum is based on the understanding

to

that no two students are identical -- therefore, no

Australia & New Zealand

Student Profile

carry my career forward.”

single, prescribed curriculum is expected to meet

The university boasts a wealth of resources that

everyone’s needs. “Individualization is a living

includes a multicultural student body made up of

Post-MBA employer: Guidant Corporation, Cardiac

principle here, not something we simply adhere

individuals from countries across the globe. The St.

Rhythm Management Division, Market Development

to in theory rather than practice,” says Dean Gupta,

Louis community has a population of over 2.5 million

Manager, St. Paul, Minnesota

who is also a chaired professor of accounting. “A

people, and offers major league sports, a riverfront

customized curriculum, along with the mastery

entertainment district, diverse restaurants, shopping

Summer Internship: Nidus (The Nidus Center for

of essential business principles, an emphasis on

districts, and a world-renowned symphony orchestra.

Scientific Enterprise), Consultant, St. Louis, Missouri

strategic analysis, and a wide array of experiential

Forest Park forms the eastern border of the campus.

learning programs make Olin an excellent choice for

The park is home to several museums including the

Bachelor of Science, University of the Witwatersrand,

prospective MBA students.”

St. Louis Art Museum, a nationally recognized zoo,

Johannesburg, South Africa

and 36 holes of golf. The park has recently completed Applied learning is an important, central, and unique feature of Olin’s approach. We offer a broad and

a $90 million makeover.

Pre-MBA employer: Pfizer, Inc., Sales and Marketing, Johannesburg, South Africa

164 The MBA Career Guide Fall 2009

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Joint Degree Programmes Offered: MBA/JD; MBA/MFA; MBA/MA MBA Specialisation: Accounting Arts & Media Administration Business and Sustainability Business Consulting Economics Entrepreneurial Studies Finance Financial Engineering

Financial Services General Management Health Industry Management International Business Marketing Nonprofit Management and Leadership Operations Management and Information Systems Organization Studies Public Sector Management Real Estate and Infrastructure Strategic Management Full Time Course Information Start Dates: January, September

Programme Duration: 8-16 months Tuition Fee: USD ($) 42,000 / Total Programme Tuition

Part Time Course Information Start Dates: January, May, September

Tuition Fee: USD ($) 108,000 / Total Programme Cost

Programme Duration: 40 months

Contact: Graduate Admissions, Schulich School of Business, York University 4700 Keele Street Toronto, Ontario M3J 1P3 Canada

Tuition Fee: USD ($) 4,200 / Per Semester

Entry Requirements: Min. GMAT Score : 550 Min. TOEFL Computer Based Score : 250 Min. TOEFL Paper Based Score: 600 Min. TOEFL IBT: 100 Min. IELTS : 7 Min. Years of Work Experience : 2

Executive Course Information Start Date: January Programme Duration: 18 months

Application Fee: USD ($) 150

Tel: 01 (416) 736-5060 Fax: 01 (416) 650-8174 Email: admissions@schulich. yorku.ca Web: http://www.schulich.yorku.ca

The Schulich MBA offers

Student Profile

the advantages of a highly

At Schulich, you will join a select group of peers. Your

diverse

faculty

classmates are bright, accomplished and ambitious

community.

with diverse backgrounds and proven leadership

Combined with its global

ability. They bring real-world experience and insight

business partnerships, which

into the classroom.

and

teaching

student

allow for study abroad in more than 40 cities, this

Join Schulich graduates who have attained the

diversity ensures that your

highest level of personal and professional success -

experience will be truly

a highly accomplished family of more than 21,000

international.

alumni. Over 80 Schulich Alumni Chapters thrive

North America

Programme Type: Full Time MBA, Part Time MBA, Executive MBA, MBA in India, IMBA, MPA, MF

Latin America

York University Schulich School of Business

around the world and provide our students with mentorship, career advice and business contacts.

Global Reach. Innovative Programs. Diverse Perspectives.

International MBA (IMBA). This unique degree

Business today is global – your MBA degree in

and leverage your Canadian and international

Prafulla Metaparti (IMBA ’07).

business management should be too. The Schulich

experience by specializing in global trading regions

At Schulich, Prafulla focused on

School of Business is your passport to the world,

working and studying abroad.

the South and Southeast Asian

programme allows you to broaden your horizons

Schulich provides a unique diverse culture. York

abroad as being one of her most

new satellite centres in Beijing and Shanghai, China;

University is located in Toronto, one of the most

memorable IMBA experiences,

Mumbai, India; Seoul, Korea; and Moscow, Russia.

diverse cities in the world with a population that is

she immersed herself in all

more than 50 percent non-Canadian. Situated in the

aspects of international business. “Schulich has

The Schulich MBA is ranked in the world’s top tier

financial and cultural centre of Canada, Schulich gives

profoundly broadened my thinking, increased my

of best business schools by The Wall Street Journal

you access to the head offices of many organizations.

international perspective and shaped my career.”

(11th in the world in “Top International Schools”

This vast corporate network enables Schulich

Prafulla is Vice President of JP Morgan in Hong

ranking); The Economist – Economist Intelligence

students to develop strong linkages into the global

Kong.

Unit (15th in the world); Forbes (4th best non-US

business community. Schulich’s new $104-million

school); The Aspen Institute, a US think tank (3rd in

building complex is striking by its sheer scale and

the world in Social and Environmental Stewardship);

scope. Yet, the building is about shapes and the way

Matt Wolodarsky (MBA ’06).

and Expansión (21st in the world) in their most

stone, steel and wood conspire to create spaces that

While at Schulich, he was a

recent global surveys. They also rank the Schulich

bring people together. It is a dynamic, interactive

member of the York Consulting

MBA 1st in Canada.

learning environment and these spaces foster

Group, a for-profit consulting

community and help build lasting relationships. At

group run by Schulich MBA

the end of the day, that is what business is all about.

students

and

faculty.

“My

experience at Schulich has been

degrees offer innovative programmes, unparalleled choice and flexible programming. Choose from 18

“Our mission here at Schulich is clear and compelling:

tremendous. I applied theories learned in class to

different specialized streams in order to pair

to graduate men and women who will become

real, live, client situations. My exchange experience

functional and industry-specific expertise to build

business leaders of the highest caliber, and to

in the Philippines exposed me to a new and exciting

a highly marketable competitive advantage. You

prepare them to succeed in a constantly changing

culture, which helped me to develop invaluable skills.

can start your programme in September or January

world. If you seek a highly rewarding and stimulating

This adds up to a dynamic fast-paced experience that

and finish a fulltime MBA in only 16 months. If you

MBA or IMBA programme, in a learning environment

deepens the learning process at Schulich.” Matt is

qualify for the accelerated MBA programme, you

that is truly international, then I invite you to come

Senior Consultant in the Transformation Consulting

can shorten your length of study to only 8 months.

to Canada’s Global Business School™ – The Schulich

Group of Cap Gemini Canada.

Part-time options include evening or weekend

School of Business.” – Dean Dezsö J. Horváth

Australia & New Zealand

Schulich continues to extend its global footprint with

Asia Pacific

region. Citing the work term

offering you a degree that is globally recognized.

The Schulich MBA and International MBA (IMBA)

Europe

Go global with the Schulich

programmes. The MBA Career Guide Fall 2009 165

MBACG Fall 09.indd 165

6/8/09 10:40:57


From a business meeting into the lecture hall? Interesting perspective.

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MBA europe

Why the Bologna Accord will result in more MBAs in Europe By David Williams.

Watch out, the Bologna generation is about to come of age, and it is going to transform the market for European MBAs

I

n 2010, the European Higher Education Area (EHEA) is due to come into existence. Its aim is to make higher education degrees much more compatible, comparable and portable among the 46 countries signed up to it. Known colloquially as the Bologna Accord, after the city in which the original declaration of intent was signed in 1999, the creation of the EHEA has harmonized the very many divergent national systems of higher education. In order to do this it has adopted a single threecycle structure that is based on the AngloSaxon model of bachelor, masters and doctoral degrees. For the first time, hundreds of thousands of European students will have the same choice that UK, Commonwealth and North American students have always had – whether to leave higher education after a three- or four-year bachelor degree, or stay on for a masters, perhaps returning after a few years to do a postexperience qualification such as the MBA. According to Nunzio Quacquarelli, director of QS World MBA Tour and editor of topmba.com, the effect on the European MBA market could be profound: “In terms of the penetration of the MBA the disparity between Europe and North America is staggering, suggesting there is still significant room for growth in MBA numbers in Europe.” Quacquarelli explains, “If you look at the QS Top MBA Career Guide statistics, you can

see that there are as many as 20,500 full time MBA places in North America, against a combined population of 337 million in the US and Canada, which is a ratio of 61 places per million people. Whilst there are only 10,700 full time MBA places in the European Union & Switzerland against a combined population of 468 million,* which is a ratio of 23 full time MBA places per million people.” At a recent leadership conference hosted by IESE business

government restrictions were lifted, allowing them to offer their own MBAs. The MBA in Europe is not therefore embedded to anything like the depth it is in the USA. A second key factor in the disparity is the age of undergraduates coming out of universities. Quacquarelli says: “In the US, it is the norm to graduate out of a first degree in order to work for a short while before going on to take a postgraduate qualification such as an MBA.” In continental E u r o p e , undergraduate degrees have traditionally lasted much longer, often six or seven years. A small proportion of graduates go on to do a masters, but the length of study discouraged people from going to the workplace and then returning to education to do an MBA. As evidence of this, the difference between the average age of MBA participants. In the US it’s 26.5 and in Europe it’s 29.5. “Finally there is the attitude of employers,” says Quacquarelli. “In the US, an MBA is almost regarded as a first degree is in Europe; as a prerequisite for employment at a certain level. MBA recruitment schemes in the US are more akin to graduate recruitment schemes in Europe, both in terms of their volume and the qualification-based requirement for entry. In Europe, high volume MBA recruitment is still in its early stages, and although the MBA has become a wellestablished qualification among employers, there are still relatively few recruitment

“In terms of the penetration of the MBA the disparity between Europe and North America is staggering, suggesting there is still significant room for growth in MBA numbers in Europe”

168

school in Barcelona, the IESE Dean, Jordi Canals agreed with this hypothesis. “The MBA in Europe is still at an early stage of development and Bologna can be the stimulus for a rapid expansion in take up.”

History A key factor explaining the current disparity between the two regions is history. The North American MBA was instituted at the end of the nineteenth century. But it wasn’t until the 1950s and 60s that private European schools such as INSEAD, IMD, Cranfield, and the London and Manchester business schools began to offer their own versions. European universities had to wait until the 70s and 80s (and in Germany’s case the 90s) before

TopMBA Career Guide www.topmba.com

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MBA europe

schemes which are dedicated to bringing in large numbers of MBAs.” Quacquarelli says that the attitude of employers is the final key factor. US employers almost regard an MBA as Europeans do a first degree, as a prerequisite for employment at a

will look for opportunities to improve their language skills, gain some international experience and improve their awareness of the global economy. This could then create a surge in demand for English-language masters, preexperience masters in management and MBAs.

extent. However he believes that a balance will be reached at some point: “Once a certain volume of people are taking an MBA, it feeds into HR processes as an easy way to screen and select people. As soon as it gets embedded in HR processes you will start to see the large

QS Top MBA also predicts that the average age of European MBAs is going to drop while the number of people taking the qualification is going to rise (with an attendant rise in the number of people holding double masters-level qualifications). Quacquarelli believes that Europe may not go as far down the MBA path as the US and that it is not guaranteed that European companies are going to embrace it to the same

volume MBA recruitment schemes beginning to appear. When this happens, the momentum for more people to take an MBA becomes very strong. This hasn’t happened in Europe yet, but with the Bologna generation about to come through, I believe it will.”

Italy, Bologna view from Asinelli tower. certain level. MBA recruitment schemes in the US are more akin to graduate recruitment schemes in Europe, both in terms of their volume and the qualification-based requirement for entry. Bologna is going to change all this. QS Top MBA predicts that tens of thousands of graduates across Europe are going to be looking for new options once they complete their three- or fouryear bachelor degree. This Bologna generation

* European population figures from Eurostat, US population figures from US Census, Canadian population figures from StatCan. TopMBA Career Guide www.topmba.com 169

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Aarhus School of Business

Joint Degree Programmes Offered: MBA Only MBA + MSc (Accounting/Taxation) Specialisation by Function: Strategic Management Sustainability Specialisation by Industry: Banking / Financial Services

Full Time Course Information Start Dates: September

Entry Requirements: Min. GMAT Score : 500 Min. TOEFL Computer Based Score : 220 Min. TOEFL Paper Based Score : 560 Min. IELTS : 6.5 Min. Years of Work Experience : 2

Programme Duration: 12 months

Application Fee : EURO (€) 0

Consulting Government Retail / Consumer Goods

Tuition Fee: EURO (€) 20000 / Per Year

Contact: Steen Weisner, MBA Executive Director Aarhus School of Business Fuglesangs alle 4 Aarhus V, 8210 Denmark Tel: +4589486688 Fax: +4589486663 Email: swd@asb.dk Web: www.asb.dk/fulltime-mba

Europe

North America

Latin America

Programme Type: Full Time MBA

Aarhus School of Business, Aarhus University (ASB),

We will focus our students’ leadership potentials

contributes added value to society through research,

in the perspectives of the global market, in the

education and dialogue on the creation and

corporate con­text and at the personal level, working

ASB expects our full-time MBA students to be

development of companies and organisations.

to develop skills for tomorrow’s business.

comitted to the program and to their own success

Ranked among the best 100 universities in the

We look forward to welcoming you to Aarhus with

determined women and men to our program who

world, Aarhus University and ASB is committed to

its population of 300,000 and its central location in

are prepared to engage in the best of our academic

contributing knowledge which can enhance and

Denmark and Northern Europe.

world and the best of our corporate liaisons in a joint

Student Profile

Asia Pacific

from the program. We expect to welcome very

sustain economic growth.

effort to optimize the talent output. The city’s great natural environment as well as

ASB wishes to contribute to developing the potential

the cultural and leisure activities combine with its

We expect our students to have at least 2 years work

for innovation both in the private and the public

strategic location to make Aarhus a very important

experience after graduation, as well as having taken

sector.

economic growth area in Denmark.

relevant international tests.

Australia & New Zealand

Aarhus has long been known as a cultural centre, ASB wishes to contribute lasting ideas and long-term

offering a rich and varied selection from just about

We will teach using state-of-the-art technical

solutions.

every cultural genre.

and pedagogical solutions in the most inspiring

Launching its full-time MBA ASB now places itself

Denmark’s northern location means that summer

students at individual levels and tailor the learning

among market leaders in providing cutting edge

days are long and lovely and winter days are short

process to reach the highest level of individual

business knowledge and skills to tomorrow’s

and dark. However the Danes have established cosy,

learning input.

leaders.

festive traditions that bring life to the darker season,

surroundings where all care is taken to meet the

which are all explained to the international students Our vision is to engage our students in the crossfire

in “real life” interaction throughout the academic

between growth, sustainability and innovation

year.

and en­hance their personal leadership talents in a responsible manner. 170 The MBA Career Guide Fall 2009

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Ashridge Business School

Specialisation by Function: Change Management Corporate Governance Leadership Strategic Management Full Time Course Information: Start Dates: January

Programme Duration: 11 months Tuition Fee: GBP (£) 29500 / Total Program Cost Entry Requirements: Min. GMAT Score: 550 Min. TOEFL Internet Based Score: 100 Min. TOEFL Paper Based Score: 600 Min. IELTS: 7 Min. Years of Work Experience: 5

Executive Course Information Start Dates: September Programme Duration: 27 months Tuition Fee: GBP (£) 32350 / Total Program Cost

Contact: Rebecca Brown, MBA Admissions Ashridge Business School Berkhamsted Hertfordshire HP4 1NS United Kingdom

Latin America

Programme Type: Full Time MBA Executive MBA

Tel: +44 (0) 1442 841483 Fax: +44 (0) 1442 841144 Email: mba@ashridge.org.uk Web: www.ashridge.org.uk

Student Profile

I invested significant time assessing several top UK business

schools

and

decided that the best choice for me was the full time MBA programme

at

Ashridge.

The main reasons for my

North America

Andrey Matveev, Ashridge Full Time MBA

selection were: Firstly, I believe that an MBA should be a general course aimed at developing future business leaders and should not focus on a particular subject or industry. All aspects of business need to be covered The Ashridge learning environment is personal

in the process of developing an overview of the

with an innovative organisational consultancy. We

and interactive to optimise individual attention

business. I believe that a successful strategy arises

work with thousands of executives from our many

and a continuous exchange of ideas. Ashridge MBA

from overlaps between people, processes and

clients across the globe each year. The school is set

students have rich, global professional backgrounds,

performance - the three fundamental elements of

in a country estate surrounded by National Trust

which makes it one of the most experienced and

the Ashridge MBA.

woodland, only 30 minutes from London. Our MBA is

diverse cohorts in the world. Our faculty comprise

ranked 6th in the UK and 24th worldwide, achieving

business professionals, consultants and researchers

Secondly, it is about the people you study with. The

the number one spot for Salary Increase for the fourth

who bring in-depth industry experience and latest

‘MBA in a Day’ brings the Ashridge experience alive,

year running (The Economist, September 2008).

management thinking to the learning process.

and at this event I met people who I felt I would learn

We are one of fewer than 30 schools worldwide

Before the start of the MBA, we work with participants

to achieve triple accreditation from AMBA, EQUIS

to clarify career aspirations. Ashridge Career Support

and AACSB - the UK, European and American

provides a tailored service to participants wanting

Last but not least the reason why I feel very

accreditation bodies for MBA programmes.

to develop within their existing organisation, or to

comfortable at Ashridge is that it is in itself a very

transform their careers.

successful consulting business. It almost feels as

Europe

equally as they combine to play an important part Ashridge combines the best of a business school

a great deal from, based on their extensive global

though you are a part of a successful company MBA participants have 24-hour access to the Learning

rather than a student in a traditional university. The

year Executive MBA, which begins in September.

Resource Centre and Virtual Learning Resource

Ashridge environment suits me perfectly while I am

Both take an integrated view of business, rather than

Centre, which provides physical and remote access

studying away from my job for a year.

teaching functional subjects in isolation, and provide

to a vast range of learning materials and several

thorough grounding in all the disciplines required

leading online databases.

Australia & New Zealand

Full Time MBA, which starts in January and a two-

to lead a business. We go beyond theory by giving participants the opportunity to put their learning

Outside the classroom, MBA participants can use the

into practice via a ‘live’ consulting project by working

Lifestyle Centre, which boasts a fully equipped gym,

with a client organisation to deliver a major strategic

swimming pool, jacuzzi, steam room and squash

consulting assignment. The international study week

courts. In the Ashridge grounds, there are tennis

is also designed to consolidate learning by giving

courts, cricket and football pitches, and a golf course.

participants direct experience of the complex issues

For meals and refreshments, Ashridge has a sociable

faced by businesses in an emerging market.

bar and award-winning dining facilities.

Asia Pacific

Ashridge offers two MBA programmes: a one-year

backgrounds.

The MBA Career Guide Fall 2009 171

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Latin America

AUDENCIA Nantes School of Management Programme Type: Full Time MBA Distance Learning MBA Executive MBA Specialisation by Function: Risk Management Supply Chain Management Business development Full Time Course Information Start Dates: September

Programme Duration: 12 months

Application Fee : EURO (€) 95

Tuition Fee: EURO (€) 21000 / Total Program Cost

Distance Course Information Start Dates : January September

Entry Requirements: Min. GMAT Score : 550 Min. TOEFL Computer Based Score : N/A Min. TOEFL Paper Based Score : N/A Min. IELTS : 0 Min. Years of Work Experience : 3

Executive Course Information Start Dates: March Programme Duration : 16 months Tuition Fee : EURO (€) 24000 / Total Program Cost

Programme Duration : 24 months Tuition Fee : EURO (€) 25500

North America

our

belief

in

self-

Contact: Sylvie Chancelier Admissions manager AUDENCIA Nantes School of Management 8 route de la Jonelière BP 31222 44312 Nantes France Tel: +33 2 40 37 45 66 Fax: +33 2 40 37 34 07 Email: mba@audencia.com Web: www.audencia.com/mba

Student Profile

development will ensure

The participants of the International Audencia MBA

that Audencia remains

2009 are 40% female. The students’ average age is 32

a

years old and they have an average work experience

European

business

school for the world,

of ten years.

resolutely humanist and

Moreover, the MBA students group is highly

modern.

multicultural with nearly 70% of the participants coming from abroad to study in Nantes.

D E V E LO P I N G TESTIMONY BUSINESS AND P E R S O N A L COMPETENCIES

Age: 34

Audencia

Country of origin: South

MBA

was

Tammy Trollip

International ranked

in

Africa

Europe

the top 70 best MBAs

MAKING SENSE OF MANAGEMENT

worldwide in the last edition of The Economist’s

Audencia’s quality as an international management

Which MBA Guide. The quality of faculty was highly

school is recognised both in the academic world and

regarded (8th worldwide) and the programme also

in the business environment. Through over 100 years

scored well for student diversity (22nd worldwide).

of implication in business education, Audencia has

Tammy began studying at Audencia after having

shown an ever-growing international vocation. The

At Audencia MBA we believe that a top manager is

school appears in major business education rankings

someone with values and a broad vision, someone

such as the Financial Times and The Economist - for

who is able to take risks and elaborate strategic

“I initially worked in a company in Tanzania as

the MBA in particular - and has gained all three major

changes in a highly demanding economic world.

Financial Controller, General Manager and also

AACSB in 2004, AMBA in 2005).

Asia Pacific

Bachelor of Commerce

worked in the hospitality industry in various African

international academic accreditations (Equis in 1998,

Australia & New Zealand

Previous degree obtained:

countries.

co-founder and Director. In moving from finance Our MBA programme is aimed at high potential

to general management I recognised my need for

managers who expect to gain state of the art

more all-round development and at first looked at

For each of its programmes, Audencia Nantes

knowledge in management as well as acquiring

executive MBAs on offer in Europe.

is committed to the following dimensions, in

better business practices.

concordance with international standards: • A rigorous process of selection assessing academic

“Audencia

was

recommended

to

me

after

In order to reach this ambitious objective, Audencia

completing an admissions-self test for one of these

capacities, professional background, and individual

MBA

and

executive programmes and I finally decided that a

motivation in coherence with the professional

strong individual coaching so as to develop MBA

full-time programme would suit me better. I found

project of the participant;

participants’ managerial soft skills. Our academic

the package Audencia offered very attractive. The

• Courses taught by an international permanent

network of top institutions throughout the world

programme’s personalised nature appealed to me

faculty, a guarantee of quality and accessibility

also gives our participants a unique opportunity

together with the focus on individual growth within a

throughout the programme;

to study during an exchange period at one of our

close but diverse group. The school is internationally

partner institutions in Canada, China, Germany, etc.

recognised with all the right accreditations and there

• Individualised coaching for each participant;

provides

quality

academic

input

• A rigorous assessment process of acquired knowledge and competencies.

is a strong drive for continuous improvement. All With an original orientation towards business

of this, plus the exciting prospect of living abroad,

development and a year long programme to enhance

encouraged me to apply.

Audencia offers a teaching environment that highly

personal development, Audencia guarantees a well

values the acquisition of general culture to give

rounded MBA to professionals coming from diverse

“It is wonderful to have the opportunity to live in

alumni the rounded, long-term vision needed for

horizons and looking forward to learning in a truly

France and be part of this learning experience. A lot

management in a global environment.

international environment.

of lessons will be carried forward into my professional life. For the most part, the programme has exceeded

Our students, alumni, partner companies and

my expectations.”

academic network trust us. They recognise that 172 The MBA Career Guide Fall 2009

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Specialisation by Function: Accountancy Accountancy & Financial Finance General Management Human Resource Management Leadership Marketing Operations Management Personal Development Strategic Management

Full-Time Course Information Start Dates: September Programme Duration: 12 months Tuition Fee: GBP (£) 19,500 / Total Program Cost Entry Requirements: Min. GMAT Score : 600 Min. TOEFL Computer Based Score : 240 Min. TOEFL Paper Based Score : 580 Min. IELTS : 6.5 Min. Years of Work Experience : 3

Application Fee : USD ($) 0 Executive Part -ime Course Information Start Dates : January September Programme Duration : 2 to 6 years Tuition Fee : GBP (£) 15,500 / Total Program Cost

Distance Learning Course Information Start Dates : January April July September Programme Duration : 2 to 6 years Tuition Fee : GBP (£) 10,950 / Total Program Cost

Contact: Dr Michael Seymour Recruitment Manager Bradford University School of Management Emm Lane Bradford, West Yorkshire BD9 4JL United Kingdom Tel: +44 (1274) 234321 Fax: +44 (01274) 234433 Email: mba@bradford.ac.uk Web: www.bradford.ac.uk/ management

The distance-learning MBA can take between two and six years to complete, and has four entry points in January, April, July and September. Comprehensive paper and web-based learning materials are provided.

North America

Programme Type: Full-Time MBA Executive Part-Time MBA Distance Learning MBA

Latin America

Bradford University School of Management

Student Profile

Vera Weiss

would differentiate her and enhance her career opportunities led Vera Weiss, aged 28, to take a full-time MBA at Bradford University School of Management.

Europe

The realisation that an international degree

“I have worked for Bayer and former parts of the company, such as Lanxess and Saltigo, for almost facilities, including library, language laboratory, and

in the Bayer fast-track management programme,

Management is one of the foremost and longest-

many computer clusters and a wireless environment.

“Marketing and International Business Studies”, and

established university-based centres of management

A £12 million investment in new facilities will open

Bradford is one of Bayer’s partner business schools,”

education and scholarship in the world. The Bradford

in 2010. This includes a new atrium space for eating,

Vera outlined.

MBA has been running for more than 30 years.

drinking, socialising and working, plus a state-of-theart learning and resource centre that will be in keeping

“I not only learned a lot about myself, but also about

The School has continued to build on its international

with our place as one of Europe’s leading centres of

working with people from other cultures. I learned to

reputation as a centre for excellence and provides

business and management education.

understand different working styles, viewpoints and

innovative management education with three

approaches, which facilitated group-work and made The Bradford MBA maintains small cohorts,

executive part-time and distance-learning.

with a maximum class size of 70. In addition to

it a very fruitful experience altogether.

modern teaching facilities and services, the School

“Moreover, I learned to set rigorous priorities and to

Our one-year full-time MBA is consistently ranked

of Management supports MBA students with

concentrate on the most important. The ability to focus

in the top 25 in Europe and top 100 globally by

personalised careers guidance and an extensive

on the most significant aspects of a task at hand will

the Financial Times. Students on our full-time MBA

structured programme for personal development.

strongly determine my effectiveness as a manager.

The full-time MBA attracts students from all over

“The MBA was a rewarding and enriching experience.

the world. It begins in mid-September and takes 12

I developed a strong CV that sells me effectively,

months.

improved my presentation skills to an extent where I

programme, on average, almost double their salary

The School is 4km from the city centre in its own delightful self-contained parkland campus. In this

am able to deal with unforeseen situations in a more

learning village undergraduates, MSc, MBA and

The executive part-time MBA programme can be

relaxed way, and have become less compulsive in

doctoral students, plus practising managers on

completed in a minimum of two years, or taken

my need for task completion, which has reduced my

executive programmes from many of the world’s

over a longer period - up to six years. It begins in

stress levels,” Vera added.

leading companies, have access to the latest learning

September and January each year.

Australia & New Zealand

pathways through the MBA programme; full-time,

four years on from beginning the programme.

Asia Pacific

nine years. I was offered the chance to take part Established in 1963, Bradford University School of

The MBA Career Guide Fall 2009 173

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North America

Latin America

Business School Lausanne Programme Type: Full Time MBA Part Time MBA Executive MBA

Organisational Behavior Project Management Strategic Management Global Business Management

Specialisation by Function: Accountancy & Financial Change Management Entrepreneurship Finance General Management Human Resource Management International Management / Business Leadership Marketing Operations Management

Full Time Course Information Start Dates: February September Programme Duration: 12 months Tuition Fee: EURO (€) 29500 / Total Program Cost

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 210 Min. TOEFL Paper Based Score : 550 Min. IELTS : 6 Min. Years of Work Experience : 3 Application Fee : EURO (€) 135

Tuition Fee : EURO (€) 29500 / Total Program Cost Executive Course Information Start Dates: February September Programme Duration : 18 months

Part Time Course Information Start Dates : Flexible

Tuition Fee : EURO (€) 29500 / Total Program Cost

Programme Duration : 18-36 months

Our MBA classes are taught to inspire students to

focuses on personal leadership. If you are looking

Founded in 1987, Business School Lausanne

graduate with:

to make a real impact on business, or, if you would

is a leading innovator in higher education for

• Resilience, persistence and passion

like to develop your own company, then BSL in

entrepreneurs. Reinforcing its renowned practical

• An excellent sense of judgment and solid decision-

Switzerland is the right business school for you.

approach to business studies, BSL recently revised

making capabilities

its MBA program in close collaboration with leading

• Values, ethics, charisma, and a vision

CEOs and HR directors of large to medium-sized

• Initiative to get things done

corporations.

• Social intelligence in a multicultural environment

Reflecting their perspectives, BSL’s

Student Profile

Per Lausen “The emphasis of the BSL

Recognition and Accreditation

MBA is very much on global

BSL is globally recognized for its quality, ranking

business management with

At BSL, MBA students obtain a solid understanding

among Top European Business Schools in QS Ltd.’s

the faculty drawn from various

of how to successfully run a business. Our MBA

2009 Employers’ Choice ranking.

business backgrounds and

program focuses on personal leadership and places

became the first business school in Europe to be

nationalities. The students,

an emphasis on what makes the true difference

accredited by the Association of Collegiate Business

likewise, represented 20 different countries. In

in business success: the ability to grasp the

Schools and Programs (ACBSP). In addition, BSL is the

my case study group alone, we came from Russia,

bigger picture, to remain calm under pressure, to

first Business School in Switzerland to offer students

Germany, India, Kuwait and Denmark. The whole

communicate effectively, to bring out the best in a

membership to the prestigious international honor

experience was a lot of fun. You might not always

team, to lead change, and to achieve results.

society, Delta Mu Delta. BSL also provides something

agree but you learn from each other.

others cannot: the Swiss Association for Quality and

The course finished with a Management Report in

The BSL Learning Environment

Management Systems (SQS) awarded BSL with ISO

which we brought together all the tools and insights

In addition to having created an MBA with today’s

9001 certification. The ISO standards are recognized

we had learned, and applied them to a real business

business leaders, BSL’s professors are active business

worldwide as a means through which organizations

situation.

practitioners and bring a wealth of current business

prove the consistency and quality of their output.

tomorrow’s leaders.

Europe

Tel: +41(21)6190606 Fax: +41(21)6190600 Email: info@bsl-lausanne.ch Web: www.bsl-lausanne.ch

Building Tomorrow’s Leaders

MBA provides relevant business knowledge for

In 1996, BSL

experience to the classroom. Through case studies

The teachers at the school have strong practical

and real-life models, they directly and actively engage

Studying in Switzerland

backgrounds. Most held senior positions within

students in class discussions and presentations.

Respected throughout the world for its banking

international companies, and were now doing

Such an interactive learning environment is an

and commercial infrastructure, Switzerland is

consultancy work while at the same time passing on

essential element to developing tomorrow’s leaders.

headquarters for many international companies and

their experience to the students.

the seat of several

Australia & New Zealand

Asia Pacific

Contact: Business School Lausanne 38 Av Dapples Po Box 160 Lausanne, Vaud 1001 Switzerland

world organizations.

In Lausanne, I learned things I wouldn’t have learned

Centrally

located

anywhere else. The subjects and the way they were

in Lausanne, BSL is

taught really appealed. It was very motivating

walking

distance

because everything was very relevant and useful.

from the principal

It is a case of ‘what you learn today, you can apply

train station and just

tomorrow’.

40 minutes by road or train from Geneva

After finishing the course, I put some of the ideas to the

and its international

test in my father’s business in Denmark and saw them

airport.

working. I worked for two years with the Thorburn Geiger Group, an executive search company based

Learning in Lausanne,

in London (a position I obtained through a contact in

the BSL MBA provides

the school). This exposed me to different industries

an

unforgettable

and people from a wide range of backgrounds,

educational

and set me up to join PricewaterhouseCoopers in

experience

Copenhagen as a consultant.”

that

174 The MBA Career Guide Fall 2009

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Cass Business School Full Time Course Information Start Dates: September

Specialisation by Function: Entrepreneurship Finance General Management Information Management Leadership Marketing Strategic Management

Programme Duration: 12 months Tuition Fee: GBP (£) 29000 / Per Year Entry Requirements: Min. GMAT Score : 600

Min. TOEFL Computer Based Score : 263 Min. TOEFL Paper Based Score : 627 Min. IELTS : 7 Min. Years of Work Experience : 3

Programme Duration : 24 months Tuition Fee : GBP (£) 39000 / Per Course

Application Fee : GBP (£) 50 Executive Course Information Start Dates: February, May, September

Contact: Viola Papiez MBA Advisor Cass Business School 106 Bunhill Row London EC1Y 8TZ United Kingdom

Latin America

Programme Type: Full Time MBA Executive MBA

Tel: +44 (0) 20 7040 5277 Fax: +44 (0) 207 040 8898 Email: cass-mba@city.ac.uk Web: www.cass.mba.com

An important benefit of the MBA Programmes is the chance to join a worldwide network of managers We maintain regular contact with our MBA graduates and encourage social networking. For most people studying for an MBA is not an end in itself - it is a means to further their career goals. Acknowledging this, we offer all MBA participants a range of internal and external career services to help

North America

able to support each other throughout their careers.

you gain immediate and long-term returns to your investment.

MBA Student Profile Average Age 30 Age range 26-44 Average work experience 8 years

Europe

Women: Men 37%: 63% International 70%

Student Profile

Chris Schroeder MBA 2005-6 and founder of BlueRunner Solutions, shares some of his thoughts on switching careers coursework and examinations.

than one. Not only do its academic courses equip

and industries, starting up his own business and how his time at Cass has helped achieve his career goals.

you to make more of your acumen and expertise,

2. Then you move forward to take a range of elective

they also fit in with your lifestyle. With a highly

courses. All courses are designed to integrate theory

“I chose the full time MBA at Cass as I was keen on a

successful balance between theory and practise and

and practice and inform you of the latest business

consolidated programme where I could take a year

an extensive business and Alumni network, Cass

developments and are chosen from options designed

out and focus 100 per cent on my studies. I was also

Business School opens its doors into a wide range of

to address both breadth and depth in each subject

keen on an MBA programme that offered more than

careers choices.

from which you can design the MBA most suited to

just the traditional coursework - the international

your needs.

exposure offered by Cass was an influencing factor.

which offers participants the opportunity to think

3. The final element of your MBA focuses on a Business

The MBA helped me to make a transition from

strategically, tackle complex issues and manage

Mastery Project that provides an opportunity to put

fundraiser to running my own business and gave me

effectively in a global environment.

your skills into practice and develop your managerial

the confidence I needed to grow and take the risk in

capabilities.

venturing out on my own. The value of my MBA is

Asia Pacific

Cass is close to the heart of business in more ways

The Cass MBA is offered in the following three

that it has expanded my scope of what is achievable

formats:

The Cass MBA uses innovative delivery methods

• Full-time (12 months)

in addition to formal lectures such as the mentor

• Executive (evenings 24 months)

system which is at the heart of our collaborative

The Cass MBA has given me exposure to a network

• Modular (one long weekend once a month over 24

learning approach.

that opens doors and provides support on a personal

months)

both personally and professionally.

and professional level.” International in perspective, The Cass MBA can

Each programme consists of three main elements:

include trips to many different locations, including

1. The course begins with a core m a n a g e m e n t

Russia, Poland, Argentina, India and China.

Australia & New Zealand

We offer an intensive and rigorous programme,

programme taken by all participants and assessed by The MBA Career Guide Fall 2009 175

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North America

Latin America

Central European University, CEU Business School Programme Type: Transnational MBA (full-time) Executive MBA (weekend format) International Executive MBA (IMM, modular) Specialisation by Function: Finance IT Management Marketing Real Estate Management Specialisation by Industry: Banking / Financial Services FMCG - Fast Moving Consumer Goods IT / Telecommunications

Real Estate Transnational MBA Course Information Start Dates: September Programme Duration: 24 months Tuition Fee: EURO (€) 20,400 / Total Program Cost Entry Requirements: Min. GMAT Score : 450 Min. TOEFL Computer Based Score : 230

Min. TOEFL Paper Based Score : 570 Min. IELTS : 6.5 Min. Years of Work Experience : 3 Application Fee : USD ($) 0

International Executive MBA Course Information Start Dates: February Programme Duration : 18 months

Executive MBA Course Information Start Dates : February

Tuition Fee : EURO (€) 52500 / Total Program Cost

Programme Duration : 27 months Tuition Fee : EURO (€) 20,400 / Total Program Cost

Contact: Ms. Eniko Vaizer, Recruitment Coordinator Central European University, CEU Business School 30-34 Frankel Leó út Budapest, H-1023 Hungary Tel: +36 (1) 887 5014 Fax: +36 (1) 887 5133 Email: info@ceubusiness.org Web: www.ceubusiness.org

CEU Business School is an American accredited

Strategic

and licensed management school in the heart of

exchange opportunities are open to Executive MBA

Diploma of First Degree

new Europe. It was founded by a group of visionary

candidates after finishing the core program. Following

Business Administration 44%

leaders, including George Soros in 1988, and

successful graduation, you will become a member of

Economics 24 %

became a landmark institution as the first school in

the School’s alumni network, which includes several

Arts/Humanities 15 %

Central Eastern Europe to offer graduate business

hundred ex-students who have successfully studied

Sciences and Medicine 5%

education leading to an American MBA. It is situated

for their MBA at the CEU Business School.

Marketing 5%

Management

Projects

and

semester

Law 2%

in Budapest, one of the most dynamic and vibrant

The International Master’s in Management IT 5% (IMM) Since its creation the School has, and continues to A modular Executive MBA program (the International Experience by industry

Australia & New Zealand

Asia Pacific

Europe

cities of Central Europe.

play, a pivotal role in linking global management

Master’s in Management) starting in March is

Banking/Finance 20%

theories with the realities and challenges of the

provided by the Business School in conjunction

Consulting 7%

region’s transforming economies. The Business

with three other leading business schools: Krannert

Telecom/IT 12%

School is devoted not only to teaching its students

School of Management, Purdue University, USA;

FMCG 2%

how to conduct business in a complex society, but

TiasNimbas Business School, Tilburg University, The

Public Sector 10%

also to introducing them to a higher business culture

Netherlands; and GISMA Business School, Germany.

Manufacturing/Operations 22%

of enhanced social values.

The program was ranked 15th in the world by The

Other 27%

Financial Times in its worldwide survey of Executive We offer a wide range of graduate programs to meet

MBAs in 2008. The Financial Times has also ranked

Experience by function

the various needs and requirements of our students:

this program number one in terms of International

Project Management 3%

Course Experience. IMM consists of six concentrated

Consultancy 10%

Transnational MBA (Full-time MBA)

two-week residential sessions, which are scheduled

Finance 17%

Central Europe is changing; Transnational Leaders

throughout an 18-month period. During that time all

IT 5%

are in high demand! With our Transnational MBA, we

the participating business schools are serving as host,

Marketing/Sales 29%

prepare our students to lead change. The key feature

and one session also takes place in Shanghai, China.

General Management 2%

of this new program is its emphasis on transnational

This schedule allows participants to maintain their job

Other 34%

leadership and on doing business across borders.

responsibilities while they acquire the broad range of

Because of where we are, who we are, and what we

managerial skills that to be effective in a dynamic and

Work experience

have been doing over the last 20 years, we teach this

highly competitive business environment.

between 2-3 years 33% between 3-5 years 48%

better than anyone else in the world. This 48 credit, intensive, full-time 11 month program runs from

MSc in IT Management

September until July each year. This program is meant

The Master of Science in IT Management - a unique

for managers who see themselves as change leaders

program in the CEE Region - is a highly specialized

Working knowledge of languages

in rapidly transforming environments and combines

accredited American business degree that focuses on

2 languages 39%

functional excellence (in the core program) with

the relevant management issues in the Information

3 languages 37%

opportunities to specialize in Marketing, Finance

Technology and Telecom disciplines across various

4 languages 17%

and Real Estate Management.

industries, and provides a unique blend of business

5 languages 7%

more than 5 years 20%

management skills development.

The Executive MBA (weekend-format) The Executive MBA offers the opportunity to earn the

Student Profile

Please find below the typical Class Profile of the Executive MBA Class:

same high-quality US-type degree as the full-time

Average Full-time MBA Profiles

Age: 32 (Range 25-43)

program but on a part-time basis, with no career

Age: 27 (Range 23-50)

GMAT score: 580

interruption. The program starts at the beginning

Years of Work Experience: 5

Years of Work Experience: 8-10

of each year. Classes run intensively from Friday

Languages spoken: 3

Languages spoken: 2.5

afternoon to Sunday noon, roughly once every two

Countries represented: 16 (3 continents)

Countries represented: 7-13

weeks. Tailor-made and independent study projects,

Male/Female: 60/40 %

Men/Women: 52/48%

176 The MBA Career Guide Fall 2009

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Programme Type: Full Time MBA Part Time MBA Modular MBA Specialisation by Function: Change Management Corporate Governance Economics Entrepreneurship Finance General Management Human Resource Management Information Management Innovation / Knowledge Management

Leadership Marketing Operations Management Organisational Behavior Personal Development Strategic Management Full Time Course Information Start Dates: September Programme Duration: 12 months Tuition Fee: GBP (£) 28000 / Total Program Cost

Entry Requirements: Min. GMAT Score : 600 Min. TOEFL Internet Based Score : 100 Min. TOEFL Paper Based Score : 600 Min. IELTS : 7 Min. Years of Work Experience : 3 Application Fee : GBP (£) 0

Tuition Fee : GBP (£) 28000 / Total Program Cost Modular Course Information Start Dates: January Programme Duration : 24 months

Part Time Course Information Start Dates : January

Personal

Programme Duration : 24 months

Tuition Fee : GBP (£) 28000 / Total Program Cost

development

is

Contact: Lesley Smith, MBA Marketing Cranfield School of Management Cranfield University Cranfield Bedford, Bedfordshire MK43 0AL United Kingdom Tel: +44 (0)1234 754386 Fax: +44 (0)1234 752439 Email: l.a.smith@cranfield.ac.uk Web: www.cranfieldMBA.info/qsf

Student Profile

and

is

North America

central to the Cranfield experience

a

compulsory module that runs throughout the MBA. Our

faculty

development

and

career

team

Latin America

Cranfield School of Management

work

closely with students to improve their team working, enhance their ability to relate to others and develop the skills they need to apply the knowledge they acquire.

Helen Hume, MBA 2008 Senior Auditor, British American Tobacco

Cranfield School of Management has been delivering

Business Experience (IBE) study tour allows students

Recommended by a friend, Cranfield made an

world-class MBA programmes for over 40 years and

to apply their learning in an international context.

immediately positive impact on me through the

is triple accredited by AACSB, EQUIS and AMBA.

Each IBE includes academic input through a partner

fantastic efficiency of the admissions department.

business school, hosted company visits and meetings

The first week set the tone for the year where the

with MBA alumni and other community members.

previous year’s students laid on potentially the most

and techniques of general management; we build The programme closes with a capstone event, where

me and my fellow students to the Cranfield

skills and team working abilities – qualities that make

students showcase their learning to alumni and

Experience: it’s not just about the work, it’s about

for inspirational leaders.

industry leaders.

your life as a whole and everyone in it.

Interactive learning

Personalised career development

I have always believed in the power of teamwork, my

Our experienced students bring a wealth of

Our dedicated career development team of 11

time at Cranfield reinforced that tenfold. Cranfield

knowledge and expertise to the classroom and

professionals includes three business psychologists

taught me that brilliant business doesn’t have to be

share their experiences with teaching faculty who

and five industry experts. They help refine the skills

cut throat, in fact sustainable long term business can

are both leading academics and practitioners. Our

students need to achieve their career goals, and

be based on collaboration and visionary leadership.

faculty have worked with senior executives from

through individual coaching, leadership lectures,

The syllabus supported this delivering both the

global corporations to business start-ups, and

careers fairs and networking events, help create

business basics and the less tangible and arguably

continue to explore ideas and best practice with the

opportunities for them to make rewarding career

more difficult softer skills around presentation skills,

7,000 managers who come to Cranfield on executive

transitions. 97% of our recent MBA graduates were

self-awareness, and personal impact, leading and

development programmes each year.

in employment within 3 months of graduation.

influencing others.

The MBA programme

Students also network across our influential

I didn’t have a clear vision of my future career. The

Students can choose to study our one-year Full-time

alumni base – with over 12,000 contacts in 115

careers department helped solve that through

MBA or our two-year Executive MBA on a part-time

countries around the world – through the Cranfield

coaching sessions with occupational psychologists

or modular basis.

Management Association’s interactive website.

and offering an array of insights into different

Core modules in part one build competence in the

Find out more

company culture that I wanted to be part of, and

main functional areas of business and the key skills

We encourage you to come and visit us to find out

facilitated by the careers department, I found my

associated with performing these functions. In part

more. We host events at Cranfield throughout the

current role with which I am delighted as it allows

two students then select themed modules that take

year and attend fairs and information sessions all

me to blend my prior experience with my MBA in a

an integrated approach to contemporary business

over the world. See www.cranfieldMBA.info/events

continually challenging and incredibly interesting

issues and current research.

for details.

role.

industries and sectors. Ultimately I identified the

Asia Pacific

brilliant and exhausting week of my life introducing

confidence, emotional intelligence, decision making

Australia & New Zealand

The Cranfield MBA is not just about acquiring skills

Europe

A compulsory International

The MBA Career Guide Fall 2009 177

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Latin America

Durham Business School Durham University Programme Type: Full Time MBA Distance Learning MBA Executive MBA Joint Degree Programmes Offered: MBA Only MBA Finance (Distance Learning) Specialisation by Function: General Management

Full Time Course Information Start Dates: September

Min. TOEFL Paper Based Score : 610 Min. IELTS : 7 Min. Years of Work Experience : 5

Programme Duration: 12 months

Application Fee : USD ($) 0

Tuition Fee: GBP (£) 19000 / Per Course

Distance Course Information Start Dates : January July

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 250

Programme Duration : 42 months

Tuition Fee : GBP (£) 12315 / Per Course Executive Course Information Start Dates: January Programme Duration : 24 months Tuition Fee : GBP (£) 16500 / Per Course

Contact: Admission Office Durham Business School Durham University Mill Hill Lane Durham City, Durham DH1 3LB United Kingdom Tel: +44 (0) 191 334 5533 Fax: +44 (0) 191 334 5136 Email: pg.bus@durham.ac.uk Web: www.dur.ac.uk/dbs

Caribbean MBA A two-year, part-time programme delivered in

North America

Barbados in partnership with the Caribbean Management Education Centre, with both face-toface and distance learning materials from Durham faculty.

DBS & EBS Executive MBA A two-year, part-time executive programme offered in co-operation with European Business School, delivered in Germany and Durham.

Europe

Student Profile Durham Business School is a multi-disciplinary

The Durham MBA is available in five options, all of

Ruchi Chaudhry

international business school, focusing on MBA

which are high quality, accredited courses that place

Marketing Co-ordinator, Asia Pacific

programmes, specialist masters and executive

a comprehensive range of management subjects

Oil and gas

education. We ensure that our education is at all

into a practical context.

MBA (Full-Time)

rounded business leaders are able to influence across

Full-Time MBA

I saw that a continuously

organisational boundaries.

An intensive one-year programme. Around 80 students

times relevant to business and that we deliver well-

from over 30 nationalities are recruited annually.

skills and so decided to pursue an MBA. I believe it

Asia Pacific

Durham Business School is one of the longest

Australia & New Zealand

changing economy had opened up opportunities for professionals with managerial

established business schools in the UK and

Durham’s Full-Time MBA was again ranked in the top

was one of the best moves I have made - the Durham

considered to be one of the best. From our earliest

100 international MBA programmes in the Financial

MBA has been instrumental in shaping my future.

beginnings we have established an international

Times Global MBA ranking, January 2009 and the

The knowledge, experience and skills that I gained

reputation for innovative approach to business

Economist Intelligence Unit’s top 100 in October 2008.

provided me with a very sound foundation.

Executive MBA

The Business Project was easily the high point of

This highly regarded two-year programme has been

my MBA and provided me with the confidence to

Durham Business School is one of a small, elite group

designed to be of equal benefit to students and

plunge into the managerial world. This is where

of institutions worldwide who are accredited by all

their employers, and demands a joint commitment.

I really saw the difference in my working style and

three major business school accreditation bodies

Attendance is required in Durham on a 4-day block

thought processes. I received a lot of guidance from

- AACSB, AMBA and EQUIS. This achievement is a

release basis, approximately every 6 weeks.

my project supervisor and the faculty at the Business

education and enterprise development, and for the excellence of our MBA programmes.

School. The Continuous Professional Development

testament to the quality of the School and gives you the extra assurance that Durham Business School

The Financial Times ranked the Durham Executive

programme was another key aspect. As a manager,

and its programmes have been rigorously tested

MBA 83rd in the world, 3rd in the UK for reseach and

the practical value of all the soft skills learnt and

and proven to be of the high quality demanded by

6th in the UK for aims achieved in its Executive MBA

implemented during my MBA is invaluable.

today’s professionals.

Ranking of October 2008.

The Durham MBA is recognised as a high quality

Distance Learning MBA

because I made the best of friends from various parts

programme that can open up superb career

A flexible, pure distance learning programme with

of the world. I am proud to be a Durham MBA and

opportunities. At Durham, we aim to work with you

over 500 students enrolled, delivered worldwide.

would highly recommend it.

to help you identify your career aspirations and give

The Durham Distance Learning MBA is rated among

you the opportunity to develop the skills that will

the Financial Times top distance learning MBA

help maximise your chances of achieving these.

programmes in the world.

The time I spent at Durham is very special to me also

178 The MBA Career Guide Fall 2009

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EADA

Specialisation by Function: Finance Strategy Human Resources Marketing Operations Full Time Course Information Start Dates: September

Programme Duration: 11 months Tuition Fee: EURO (€) 28000 / Total Program Cost Entry Requirements: Min. GMAT Score : 600 Min. TOEFL Computer Based Score : 215 Min. TOEFL Paper Based Score : 550 Min. IELTS : 6 Min. Years of Work Experience : 2

Part Time Course Information Start Dates : February Programme Duration : 15 months Tuition Fee : EURO (€) 25500 / Total Program Cost

Application Fee : EURO (€) 0

Contact: Bibiana Camba, Marketing Manager - MBAs and Masters EADA 204 Aragó Barcelona 08011 Spain

Latin America

Programme Type: Full Time MBA Part Time MBA

Tel: +34 934 520 844 Fax: +34 933 237 317 Email: bcamba@eada.edu Web: www.eada.edu

Methodology and participative approach with an emphasis on learning by doing. The methodology reflects companies’ demand for professionals with skills such as the capacity to reflect, ability to act in the face of change, versatility to work in multifunctional teams and adaptability to the challenges of a global environment.

North America

EADA has developed its own practical, active

Personal development EADA has been positioned as a pioneer in the personal development field. Through creative approaches, EADA’s students are prepared to face the corporate world with confidence and competencies. leadership skills through activities with horses and one-to-one coaching sessions to guide participants’ personal and professional development.

Europe

Innovative programme practices include improving

Founded in 1957, EADA was one of the first Spanish

MBA Programmes

It has been a great experience for me studying at

institutions to offer executive training programmes

The full time MBA is an 11 month programme taught

EADA, both academically and culturally. Academically,

to the professional community. Over 100,000

in English that begins in September. It is designed

this International MBA program has given me a great

students from more than 50 different countries have

to build the potential of internationally-oriented

deal of knowledge with international perspectives.

entrusted their training to us, a fact that highlights

professionals with 2-6 years of work experience.

Culturally, it has enriched my thought and outlook

EADA as one of the most innovative and prestigious

through regular interaction with people from 20 The part time MBA is a 15 month programme taught

different nations. Specifically, the discussion session

in Spanish starting in February. In addition to building

with team members proved to be one of the great

The International MBA of EADA was ranked among

the potential of internationally-oriented professionals

learning experiences for me.

the world’s best MBA programmes in 2008 by the

with 2-6 years of work experience, it also includes

Financial Times. Moreover, EADA was ranked 87th

EADA’s Corporate Management Training programme

Coming from one of the least developed countries,

in the world and 26th in Europe according to The

with top international companies in Spain.

this International MBA taught me to think globally.

Economist in 2007.

I am confident that the knowledge (both academic

Objectives

and cultural) I have gained will benefit both my

EADA has been awarded the AMBA and EQUIS

The objective of EADA’s MBA Programmes is to give

organization and my country.

accreditations, held by 42 of the world’s most

participants professional competitive advantage by

prestigious business schools. EADA is also a member

focusing on three fundamental areas:

of the Executive MBA Council.

• Mastery of specific business tools and techniques.

Singye Dorji, Bhutan: International MBA 2007

• Development of the leadership skills essential to

Finance Officer

EADA is the only business institution in Spain with its own residential training centre. The centre is an important tool for EADA’s methodology and is where

international managers. • Acquiring a global vision of the company and its

Bhutan

Trust

Fund

for

Environment Conservation

strategic position in the business environment.

participants spend their introductory workshop

Participants will learn to effectively apply the

and attend a series of management workshops

elements of this dynamic “mix of talent” as they

throughout the year.

develop their professional careers.

Australia & New Zealand

business schools in Spain.

Asia Pacific

Student Profile

The MBA Career Guide Fall 2009 179

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Latin America

EMLYON Business School Programme Type: Full Time MBA

Programme Duration: 12 months

Specialisation by Function: Entrepreneurship Finance International Management / Business Marketing Full Time Course Information Start Dates: September

Tuition Fee: EURO (€) 29500 / Total Program Cost

Application Fee : EURO (€) 120

Contact: Tess Lau, Head of International Student Recruitment EMLYON Business School 23, Av. Guy de Collongue Ecully, France 69134 France

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 250 Min. TOEFL Paper Based Score : 600 Min. IELTS : 6.5 Min. Years of Work Experience : 3

Tel: +33 4 78 33 77 83 Fax: +33 4 78 33 77 55 Email: imba@em-lyon.com Web: www.em-lyon.com/imba

today’s

business

consultants, executive recruiters and the EMLYON

environment. Throughout

global

alumni network give all participants the tools they

this

need to reach their career goals.

programme,

North America

participants not only learn how to identify interesting business opportunities but

Alumni Profile

acquire the competencies they need to exploit them profitably.

A year-long CONSULTING PROJECT Students participating in the International MBA need a tangible way within a real

Europe

Join the #1 Business School in Europe for business setting to acquire the skills they need to Entrepreneurship complement their existing skill set. This is the reason (FT Top 50 European Master in Management,

why the International MBA programme includes a

Sept.2008)

year-long consulting project; the Entrepreneurial Leadership Project (ELP). Based on their competency

According to our participants, it is the combination

EMLYON Business School, created in 1872, stands out

profile, participants select a project and team that

of the strong focus on entrepreneurship, the year-

among the few business schools worldwide awarded

complement their learning needs. Working on the

long consulting project and the large diversity in

three international accreditations and was ranked N°

project throughout the year allows students to

student body and faculty that makes our 12-month

8 in the Financial Times Top 65 European Business

immediately put academic knowledge into practise,

International MBA programme so uniquely suited to

Schools in December 2008. It has opened campuses

while concentrating on their unique learning needs.

meet their needs.

in Shanghai and Geneva, developed partnerships with 100 foreign universities and gathers more than

Asia Pacific

18,000 alumni in 95 countries…

An INTERNATIONAL & EXPERIENTIAL learning Participant Profile > Average Age: 31 experience International MBA students benefit from studying,

> Average of 7 years of work experience

EMLYON International MBA

living and working with professionals from around

> Average of 16 nationalities represented per class

This intensive full-time one-year programme is

the globe, thus enhancing their ability to work with

focused on helping each participant reach the

and lead international and intercultural teams. The

professional goal they have set for themselves.

selection process for International MBA participants

Jorge Donoso Lyng, Chile iMBA 2007

Through the emphasis on entrepreneurship within

ensures that the group is as diverse as possible, both

“Many MBAs exist. I chose EMLYON because it is the

the academic programme, the year-long consulting

in terms of nationalities as well as in professional

only one that, within one year, focused on giving

project and the international diversity in the student

backgrounds.

me the specific tools and skills I need to become a successful entrepreneur. I am delighted with my

Australia & New Zealand

body and faculty, participants develop the skills they need to achieve success. While enjoying a truly

A CLEAR FOCUS ON YOUR CAREER

dynamic learning experience, they will remain in

With the help of coaching sessions, recruitment

touch with the business world through the school’s

and placement advice and access to a vast range of

worldwide professional and alumni network.

electronic resources, you will learn to manage your

choice.”

A strong focus on ENTREPRENEURSHIP

Jean Pascal Tricoire, Chairman of the Management Board & CEO, SCHNEIDER career successfully and will benefit from numerous ELECTRIC career enhancement workshops starting as early as iMBA 1986

EMLYON Business School is recognised as the

October. Throughout the year, different companies

“My MBA was a powerful opener to all dimensions

European frontrunner in the field of Entrepreneurship,

visit the school to discuss the opportunities and

of business and company life, and was a very useful

which shows particularly within the International

challenges they are facing in a dialogue-oriented

complement to my engineering academics. It

MBA

identify

setting providing an ideal opportunity to continue

increased my appetite for a multinational career and

opportunities, take initiatives and to get things done

to build on and increase your own professional

my belief in the potential and excitement of a world

is what makes successful entrepreneurial leaders in

network. The backing of professors, human resources

getting smaller and flatter every day.”

programme.

The

capacity

to

180 The MBA Career Guide Fall 2009

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ENPC School of International Management 10 months Tuition Fee: EURO (€) 32500 / Total Programme Cost

Specialisation by Function: Entrepreneurship General Management Technology Management

Entry Requirements: Min. GMAT Score : 600 Min. TOEFL Computer Based Score : 240 Min. TOEFL Paper Based Score : 540 Min. IELTS : 6.5 Min. Years of Work Experience : 3 Application Fee : EURO (€) 100

Full-Time Course Information Start Dates: September Programme Duration:

Part-Time Course Information Start Dates : September

Executive Course Information Start Dates: January September

Contact: Admissions Office ENPC School of International Management 15 rue de la Fontaine au Roi 75011 Paris, France

Programme Duration : 24 months

Programme Duration : 22 months

Tuition Fee : EURO (€) 38000 / Total Programme Cost

Tuition Fee : EURO (€) 39500 / Total Programme Cost

Latin America

Programme Type: Full-Time MBA Part-Time MBA Executive MBA

Tel: +33 (0)1 44 58 28 52 Fax: +33 (0)1 44 58 24 61 Email: admissions@enpcmbaparis.com Web: www.enpcmbaparis.com

densely populated arrondissements in Paris, as well as being a fun and diverse area. The residential areas are to the east and to the west, this latter offering large markets and parks around the Place de la Bastille and Place de la République area, while the more lively area is found around rue Faubourg SaintAntoine, where one finds trendy bars, restaurants

North America

Located on the Right Bank, this is one of the most

and cafés as well as boutiques and galleries.

Europe

Student Profile

was founded in 1987 as the business school of

the École nationale des ponts et chaussées, France’s

universities, the ENPC (Ecole des Ponts). • A flexiblility to design your curriculum according to your personal and professional objectives.

The ENPC School of International Management

oldest and one of its most prestigious Grandes Écoles.

• Located in the center of Paris.

is looking for candidates from all academic,

The ENPC School of International Management is the

• Visiting world-class faculty from top international

professional and cultural backgrounds.

only business school within the ParisTech consortium

schools (Warwick, Cornell, Cambridge, NYU, RSM, Trinity).

of Grandes Écoles.

For the Full-Time and Part-Time MBA programmes,

• A global network of over 13 000 ENPC alumni Since

its

inception,

the

ENPC

School

of

worldwide and partner schools in 11 countries.

International Management has promoted the

our candidates possess: • A minimum of 3 years of professional experience. • High motivation and potential for enhancing or

study of international business and value-based

International Connections

global leadership. It prides itself on developing

In addition to the curriculum in Paris, participants

entrepreneurial leaders with a strong sense of

have the option of taking modules abroad at any

values that go beyond academic excellence and

one of its 3 sister schools: Morocco (Casablanca),

give a true understanding of global business in the

the United Arab Emirates (Abu Dhabi) and China

• Strong communications skills.

21st century.

(Shanghai). Optional study trips are also available

• A creative, open-mind, respect for ethics and

to China and the USA.

In addition, the school

launching an international management career, or making a career change. • Creative business and product ideas waiting to be successfully launched and managed.

cultural differences.

Our programmes:

has exchange links with other business schools

• MBA in International Business (Full-Time and Part-Time)

in Belgium, Canada, Denmark, Germany, Greece,

For the Part-Time Executive MBA programme:

• MBA in Technology & Entrepreurship (Full-Time

Finland, Hungary, Israel, Mexico, the UK, and the

• A minimum 5 years of Full-Time work experience.

USA.

• Highly

and Part-Time) • Tri-Continent MBA (Paris/Philadelphia/Tokyo &

motivated

participate

in

an

professionals interactive,

eager

to

discussion-

Shanghai, in co-operation with Temple University,

Location

based pedagogy that leverages the diverse

USA)

The ENPC School of International Management is

backgrounds and experiences of both faculty

• Executive MBA (week-end format)

located at “La Maison des Ponts” in Paris XI’s district.

Asia Pacific

he ENPC School of International Management

and participants.

The street takes its name form the water canals built

• Designed for students looking for a comprehensive

Key Features:

in the XVII century to allow water to be transported

set of skills who will go on to enjoy senior,

• Part of one of France’s oldest and prestigious

from Belleville, once a neighbouring village, to Paris.

international management careers.

Australia & New Zealand

T

The MBA Career Guide Fall 2009 181

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Latin America

ESADE Business School Programme Type: Full Time MBA Part Time MBA Executive MBA

Tuition Fee : EURO (€) 49.500 / Total Program Cost

Full Time Course Information Start Dates: August

Entry Requirements: Min. GMAT Score : 570 Min. TOEFL Computer Based Score : 250 Min. TOEFL Paper Based Score : 600 Min. IELTS : 7 Min. Years of Work Experience : 2

Programme Duration: 18 months

Application Fee : EURO (€) 105

Programme Duration : 16 months

Tuition Fee: EURO (€) 52.000 / Total Program Cost

Part Time Course Information Start Dates : September

Tuition Fee : EURO (€) 90.500 / Total Program Cost

Pharmaceutical / Bio-Medical Retail / Consumer Goods Venture Capital & Private Equity

Specialisation by Function: Entrepreneurship Finance General Management Human Resource Management Marketing Operations Management Strategic Management

Tel: +34 93 495 2088 Fax: +34 93 495 3828 Email: mba@esade.edu Web: mba.esade.edu

Programme Duration : 20 months

North America

Specialisation by Industry: Banking / Financial Services Consulting

Executive Course Information Start Dates: June

Contact: Admissions Office Admissions Officer ESADE Business School Av. d’Esplugues, 92-96 Barcelona 08034 Spain

methodology structured around

tools, global strategic vision and multicultural

the

functional

leadership competencies. In so doing, we believe

and academic diversity of our

we are giving you more decision making power

student population. We also

and thus more control over your career evolution.

place a strong emphasis on

Our ultimate objective is to enhance your personal

entrepreneurship as a means to

freedom by being able to “enjoy business your way”!

geographic,

creating value for organisations and

the

leadership

development

of

ESADE Business School is internationally recognised

competencies

for the excellent standard of its MBA programmes

through the LEAD programme.

and is accredited by the world’s three most respected management

education

organisations:

AACSB

As a select programme, we

International, the EQUIS accreditation from the

deliver unmatched personalised

EFMD and the British Association of MBAs (AMBA).

attention. Career Services works

Australia & New Zealand

Asia Pacific

Europe

closely with participants helping develop and manage the entire

Student Profile

job search process through one

As a select programme, the degree of personalised

to one advice and guidance

attention you will receive throughout The ESADE

meetings,

sessions,

MBA is second to none. The Career Services Team

seminars and workshops. As a

will work closely with you to identify your career

comparatively small business

goals and design action plans to meet them. At the

school, you will also be able to

same time, the Career Services Team is in constant

stand out in front of the leading

contact with the international business community

multinational companies that

to generate internship and job opportunities for you

recruit on-campus.

within top companies worldwide.

coaching

ESADE Business School is a top ranked business

ESADE Business School also offers The Global

“The ESADE MBA has opened new horizons in my

school worldwide with over 50 years heritage

Executive MBA (GEMBA) in collaboration with

career. I decided to pursue an MBA because I really

in

our

Georgetown University. This exclusive part time

wanted to work for a top consulting firm and knew

Barcelona, Madrid and Buenos Aires campuses, we

programme combines distance learning with six

that an MBA from a top business school would be a

deliver a variety of MBA and Executive Education

international modules located in Washington,

proven channel into the sector.

programmes.

Moscow, Barcelona, New York, Brazil/Argentina and

management

development.

Through

India/China. The GEMBA is targeted at professionals

Shortly after completing a challenging strategy

Our Full Time MBA is the market’s most innovative

with more than eight years postgraduate work

internship at BCG’s Sao Paolo’s office, which I found

programme allowing you to customise your MBA

experience and an international profile.

through Career Services, I received a full time job

experience in 12, 15 or 18 months according to your

offer from the firm. Halfway through my MBA, I

objectives. The flexibility of our Full Time MBA allows

Given today’s competitive international talent

am glad to have secured a Consultant position at

you to minimise the opportunity cost of pursuing an

market, professionals are increasingly worried about

BCG to go back to after

MBA by adapting to your changing needs as they

the uncertainty surrounding their future. The ESADE

graduation.”

arise throughout the programme.

MBA is a unique experience open to a select number

Apolonio Sales (Brazilian), Full Time MBA Class of 2009

of highly diverse participants designed to harness ESADE Business School’s distinctive methodology,

your passion for business as a means to opening

balances theory and practice rather than solely

professional opportunities.

focusing on the case method. Simulating real working conditions,

multicultural

By aligning The ESADE MBA to real business needs,

teamwork is an integral pillar of our cooperative

cross-functional

and

we are able to equip you with relevant analytical

182 The MBA Career Guide Fall 2009

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Programme Type: Full Time MBA

Programme Duration: 15 months

Specialisation by Function: Entrepreneurship International Management / Business Personal Development Project Management

Tuition Fee: EURO (€) 18000 / Per Year

Full Time Course Information Start Dates: November

Application Fee : EURO (€) 75

Entry Requirements: Min. GMAT Score : 500 Min. TOEFL Computer Based Score : 200 Min. TOEFL Paper Based Score : 550 Min. IELTS : 6.5 Min. Years of Work Experience : 3

Contact: Elaine BOWMAN, Head of International Recruitment Rouen Business School BP 215 1 Rue du Maréchal Juin Mont Saint Aignan, Normandy 76825 France

Marie-Françoise TARTAR MBA recruitment for French students Rouen Business School BP 215 1 Rue du Maréchal Juin Mont Saint Aignan, Normandy 76825 France

Email: elaine.bowman@rouenbs.fr Web: www.rouenbs.fr

Tel: +33 (0)232825751 Email: marie-francoise.tartar@ rouenbs.fr Web: www.rouenbs.fr

Latin America

Rouen Business School

cooperation with high-level military officers. • Brussels Seminar focused on dealing with regulatory environments (meetings with policy makers, politicians, corporate legal counsels, lobbyists, etc.). • European Emerging Market Seminar (meetings with local business leaders, politicians and

North America

• Decision Making in a World of Uncertainty in

journalists and on-site company visits).

Customized MBA Experience: Following the 9-month core program, participants will choose one of the following options to best meet their individual needs: semester on an MBA Programme at one of Rouen’s top-quality partner institutions (North America, Latin America, Asia...). • Entrepreneurial Project: create a new company

Europe

• International MBA Exchange: spend an additional

with the support of Rouen faculty and business network. • Complete a consulting project tutored by a Rouen faculty member

world - is the oldest educational alumni association

Rouen also proposes high-level Masters Programmes

month core programme and 4-6 month customised

in France and provides invaluable career placement

in Marketing and Communication, International

programme. All courses in English. Intensive French

services for Rouen graduates.

Development

language instruction provided. Start date: November

Strategies,

Global

Management,

International Finance, Business Information Systems.

(optional: preparatory courses in October)

It is a highly-innovative MBA, structured around

Participants can choose to live in either Paris or

10 transversal modules, each of which includes

Student Profile

Normandy.

a

A diverse Community of Learning:

Price 18 000 euros. This covers tuition fees and

each stage in the life cycle of an organization

Students have an average of 7 years’ professional

international residential seminar fees (conducted at

(innovation,

growth,

experience and a wide range of training. 33.3%

international exchange partners.)

consolidation, and globalisation). During the series

are managers, 33.3% are engineers and the rest

of real-life management simulations, participants

have various profiles including 10% from a legal

The Rouen Business School (located just over an hour

are confronted with increasingly complex situations.

background.

from Paris) was created in 1871, making it the second

Great emphasis is placed on getting participants to

oldest management school in France. Ranked within

think and reframe. Personal development is a key

Average work experience: 7 years.

the top ten business schools in France in national

focus of the program.

Average age: 32

hands-on

entrepreneurial design,

project

development,

covering

70% French and 30% non-French

press and amongst the best European Business Schools by the Financial Times, it has been awarded

A multi-learning approach: lectures, living case

(Europe, North America, Latin America, Africa and

both the AMBA and EQUIS accreditations.

studies, practical projects and seminars:

Asia).

• Orientation Seminar: “Changing the Managerial The institution delivers a wide variety of quality

Mindset”

management focused programs and benefits from a

Understanding Culture, Managing Power and

network of over 1000 corporate partners. The Rouen

Developing Creativity + Consulting Project).

(Individual

Management

Audit

+

Australia & New Zealand

AMBA accredited full-time International MBA: 9

Asia Pacific

LEARNING TO BECOME MORE EFFECTIVE Business School Alumni Association - comprising • Internship: participants can apply for an internship GLOBAL MANAGERS in France or abroad. over 14,000 graduates in 55 countries all over the

The MBA Career Guide Fall 2009 183

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ESMT European School of Management and Technology

Latin America

Programme Type: Full Time MBA Executive MBA Specialisation by Function: Entrepreneurship General Management Leadership Technology Management Full Time Course Information Start Dates: January

Programme Duration: 12 months

Min. IELTS : 6.5 Min. Years of Work Experience : 3

Tuition Fee: EURO (€) 38000 / Total Program Cost

Application Fee : EURO (€) 0

Executive Course Information Start Dates: October Programme Duration : 21 months

Entry Requirements: Min. GMAT Score : 600 Min. TOEFL Computer Based Score : 260 Min. TOEFL Paper Based Score : 620

Tuition Fee : EURO (€) 57500 / Total Program Cost

Mastering

phases:

Management

and

Taking the Lead.

The second phase prepares you to make a difference by developing your strategic leadership capabilities. You will also have the opportunity to sharpen your edge in one of the program’s two focus

North America Europe Asia Pacific

Tel: +49 (0) 30 21231 1400 Fax: +49 (0) 30 21231 1409 Email: mba@esmt.org Web: www.esmt.org

During phase one, you

areas: technology management and innovation or

gain a solid foundation

international management.

in the fundamentals

The final phase takes you on a 10-day international

of management such

field seminar and gives you the chance to work on

as

an individual assignment within your company. This

organizational

behavior,

corporate

practice project increases your visibility within your

and

own business environment as you deliver direct

marketing. At the end

value to your company. The assignment is most likely

of the first six months

the basis for your master’s thesis.

you get the chance to

A vital component of the program is the Individual

discover new business

Leadership Development Itinerary (ILDI). It has been

environments during

designed to enhance your leadership competences

an international field

through individual and group coaching, a series of

project.

field

executive tools and skills development activities,

ESMT European School of Management and

projects took our MBA participants to China, India

personal reflection, and exchange with faculty and

Technology is an international business school

and Mexico.

peers.

finance

Australia & New Zealand

Contact: Stephanie Kluth, Head of MBA Admissions Office ESMT European School of Management and Technology Schlossplatz 1 Berlin, 10178 Germany

Past

based in the heart of Europe in Berlin. The School was founded by 25 internationally operating companies

The second phase stresses the areas where future

and institutions to develop entrepreneurial leaders,

leaders must excel: innovation, entrepreneurship,

who think globally, act responsibly and respect the

governance and leadership.

individual. ESMT offers Full-time MBA and Executive

An integrative part of “Taking the Lead” is the practice

MBA programs, as well as executive education in the

project, in which you work in a team on an assignment

As a typical ESMT MBA participant you already stand

form of open enrollment and customized programs.

submitted by one of ESMT’s partner organizations.

on a strong professional leg and have the ambition

The School also features in-house research-oriented

The nature of the seven- week assignment is

to make a difference. Our Full-time class of 2009,

consulting services. ESMT strives to generate

similar to that of a consulting project with the aim

composed of 26 participants from 15 nations, has

relevant and ground-breaking knowledge for

of proposing applicable recommendations to the

on average 6 years of work experience. We select

managers, business and policy makers through the

company’s management.

our participants as much based on their leadership

integration of world-class research with a practice-

The practice project also serves as the background

potential as we do on strong academic performance.

oriented approach. Members of ESMT’s faculty come

for your master’s thesis. This master’s thesis aims to

from a wide variety of international, academic, and

test your ability to review an area of management

professional backgrounds. ESMT’s campus is located

studies, to synthesize the main theories and models,

Mirko Wagner, Germany, MBA Class of 2008:

in the historical center of Berlin, with an additional

and to discuss their applicability. After a challenging

“The learning experience

location in Schloss Gracht near Cologne.

but rewarding year, you receive your MBA degree in

at

December.

overwhelming:

Learning for Leading

Student Profile

ESMT

is

simply

ESMT offers an outstanding

Full-time MBA and a 21-month Executive MBA.

ESMT Executive MBA – How you learn shapes how you lead

As a participant you benefit from the distinctive

Our Executive MBA program gives you the chance

experienced professors and

and inspiring combination of an international,

to thrive in your job while earning a top degree and

classmates from all over the world that bring in a vast

experienced faculty and a world-class community of

preparing for a major career boost.

amount of experience and opinions. The small class

multinational corporations.

The program consists of three phases:

sizes, the support of corporate and faculty mentors

The first phase builds a solid foundation in business

and the great amount of group work ensure a high

ESMT offers two types of MBA programs: a one-year

learning environment with international and highly

ESMT Full-time MBA – Empowering Future and management issues such as economic thinking, learning experience and self-reflection. I don’t think Professionals accounting and performance management and that any established business school can match this Our Full-time MBA program is composed of two main

business strategy.

high amount of dedication to every single student.”

184 The MBA Career Guide Fall 2009

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ESSEC Business School Paris Singapore law, communication, training, private equity, media&entertainment, urban economics, real estate, agri food, hospitality, luxury, urban management, research&education on negociation in europe Specialisation by Industry: Banking / Financial Services Consulting Education Hospitality Media & Entertainment Non - Profit Organisation Pharmaceutical / Bio-Medical Real Estate Retail / Consumer Goods Venture Capital & Private Equity

Programme Duration: 24 months Tuition Fee: EURO (€) 37000 / Total Program Cost non-EU students Entry Requirements: Min. GMAT Score : 600 Min. TOEFL Computer Based Score : 250 Min. TOEFL Paper Based Score : 600 Min. IELTS : 7.5 Min. Years of Work Experience : 0 Application Fee : EURO (€) 160

Tuition Fee : EURO (€) 46 000 / Total Program Cost Contact: Stéphanie Brussot, Candidate Information Service ESSEC Business School 1 Avenue Bernard Hirsch BP 50105 95021 Cergy-Pontoise France Tel: +33 1 34 43 39 90 Fax: +33 1 34 43 37 12 Email: essecinfo@essec.fr Web: www.essec.edu

Executive MBA Course Information Start Dates: March, October

ESSEC MBA Course Information Start Dates: September

Programme Duration : 18 months

luxury

brand

The program offers an interactive curriculum that

real

estate,

leads participants to develop corporate and inter-

health management, media and entertainment,

personal skills, preparing them to face the challenges

negotiation, private equity, financial reporting,

of a global and moving environment.

e-business, entrepreneurship, sports marketing,

Offered in a weekend or a modular format.

Examples

of

management,

special urban

tracks: economics,

Latin America

Specialisation by Function: Accountancy Accountancy & Financial Brand Management Change Management Corporate Governance Crop-Risk Management Decision Science E-Commerce / Business Economics Engineering Business Entrepreneurship Finance General Management Health Care Management Human Resource Management Information Management Innovation / Knowledge Management International Management /

Business IT Management Leadership Legal Management Leisure Management Logistics Manufacturing Management Marketing Not Specified Operations Management Organisational Behavior Personal Development Project Management Public Administration Purchasing Management Research & Development Management Risk Management Sports Management Strategic Management Supply Chain Management Tax Management Technology Management Wealth Management

North America

Programme Type: Full Time MBA Executive MBA

social entrepreneurship.

Student Profile An

amazing

place!

The program provides a strong foundation in core

Walking along the river

business disciplines, helping participants to acquire

Seine with those places

the key competencies needed by all graduates of an

that were once in your

Founded in 1907 in France, ESSEC is a leading

MBA:

dreams strolling back,

European business school, recognized for its

- international culture and orientation with students

Paris is absolutely a city

academic excellence, highly competitive admissions

from over 25 countries annually,

you’ll love. It is ESSEC

process and renowned relationship with the business

- partnerships with leading industry companies,

who has given me the

community. ESSEC welcomes nearly 4 000 students

- a 1-year track for experienced applicants and a

chance to be so close

as well as 6 000 executives with the mission to create

2 -year track for younger applicants,

influential and responsible world leaders in the fields

- a dedicated hospitality career service and a strong

is ESSEC who prepares me with the first-class business

of business and public affairs.

alumni network around the world.

education. I experienced one of the best periods in

MBA PROGRAMS ESSEC MBA - 2 years, full-time

MBA in Luxury Brand Management http://www.essec.edu/luxurymba

MBA in Hospitality Management (IMHI) - 1 or 2 years,

The MBA trains the future visionary leaders for the

full-time

international luxury and prestige industry and

To pursue MBA in ESSEC is without a doubt a wise

MBA in Luxury Brand Management - 1 year, full-time

provides an internationally focused curriculum that

choice, escaping me from the “over-material” world. In

ESSEC-MANNHEIM Executive MBA - 18 months, part-

responds to world standards, a necessity in today’s

the course of searching my real interest and passion

time

global economy.

of life, I have plenty of access to the diverse aspects of

It is the sole program of its kind in the world, offered

commerce. During the passing year, I equipped myself

ESSEC MBA http://www.essec.edu/essecmba

near Paris, the world’s capital of luxury.

with French from “zero”; I sharpened my marketing

Flexible, integrated, personalized, diversified

International partnerships with luxury and prestige

skills in L’Oréal, the leading cosmetic enterprise; I’m

A flexible, customized curriculum lets students

firms corporate guests speakers provide in-depth

spoiling myself with the French way of relaxation and

combine work and study as they wish. They choose

knowledge of corporate strategies.

joy of life; I’m developing my knowledge and expertise

Europe

MBA in Hospitality Management (IMHI) http://essec.edu/mba-hospitality-management

to this paradise. And it

enjoying the meaning of life.

from around 200 courses each trimester and may

in the luxury domain; and I’ve been successfully

ESSEC-MANNHEIM Executive MBA All students are guided by a mentor, from the http://www.essec-mannheim.com

selected to the star program: Chaire LVMH. All of

specialize in a particular field or discipline.

these were achieved in an enjoying, relaxing, while

beginning of the program until graduation, skills

The EMBA program is offered for high potential

are continuously assessed on an ongoing basis.

executives wishing to advance in their careers and

ESSEC MBA welcomes high potentials with a wide

recognize the need for developing their managerial

Accomplishing by enjoying, it is my ESSEC MBA. It is

range of profiles in terms of nationality, background,

potential, stretching the current boundaries to

my French life.

qualifications and experience, including those just

functions lying beyond those with which they are

out of college.

familiar.

passionate and enthusiastic way.

Australia & New Zealand

balance of dedicating to the future career success and

Asia Pacific

my life for the passing year in ESSEC, having found the

Xiaoxi LIU – ESSEC MBA graduate 2008 The MBA Career Guide Fall 2009 185

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I can now achieve change on a much larger scale Hone your competitive edge with an MBA from The Open University Business School Looking for a practice-based qualification that’s equal to your ambition? The Open University Business School MBA is not only highly respected, it’s also extremely flexible – delivering specialist skills you can apply straight away in your job. And because we have students all over the world, it offers a unique international focus – helping you take your career forward in rewarding new directions.

The course gave me new ideas that I could feed into my daily work, as well as developing me as a person and as a manager. Chris Martin, Open University MBA graduate 2008 (20,000th MBA graduate of The Open University)

MBAs and Masters-level programmes Master of Business Administration MBA Technology Management MSc Management & Business Research Methods We also have a range of online professional development courses available

Inspired? Get a prospectus…

0845 366 6035 Quote: BAKKBW when you call us or go online

www.openuniversity.co.uk/busmba

INSPIRING LEARNING

The Open University is incorporated by Royal Charter (RC 000391), an exempt charity in England and Wales and a charity registered in Scotland (SC 038302).

MBA_297x200.indd 1

13/07/2009 14:44


Admission Requirements: Entry level: Graduate (Bachelor’s Degree) TOEFL (students who have studied for 3 years in English are exempted / mandatory for students choosing

Scholarship: € 1500 merit based scholarship available (conditions apply) Intake: Courses begin in September

Tuition Fee Functional & Sectorial Specialisation: € 8450 International Business major € 12000 Application fees €100 (non refundable)

Contact: Ms. Priyanka SHAH International Marketing and Recruitment Manager International Promotion Office Euromed Management Domaine de Luminy BP 921 Marseille, PACA 13288 cedex 9 France Tel. +33 (0) 491 827 746 Fax +33 (0) 491 827 801 Email: priyanka.shah2@euromedmanagement.com Web: www.euromed-management.com

‘At Euromed Management, we consider diversity to be

Programme Overview and Organisation

• Al Akhawayn in Ifrane & Casablanca Morocco

a source of progress and possibility and that is why

The programme comprises of a mix of core courses,

• Jiaotong University, Shanghai, China

we encourage differences – to help you become open-

optional courses, summer school, international

minded and to understand different cultures. Here, you

seminars and corporate project.

will discover an unlimited source of ideas, possibilities

Application form : http://extranet.euromed-marseille. com/Default.aspx?nv-JRWctr=%2FProspect%2FInscr

and solutions. Diversity is not “only” our positioning but

iption%2FInscription%5FEtape1%2Eascx&id=55S

also a far-reaching and challenging choice made by

List of Compulsory Core courses

the School in its evolution.’

• Accounting for Decision-Making

MSc in Management

Bernard Belletante, Director General, Euromed

• Economics for Decision-Making

In a world of perpetual change, companies are

Management.

• Information Systems Strategy

seeking to recruit multi-skilled executives with a

• Innovation and Entrepreneurship

transversal corporate vision. To acquire knowledge

World Med MBA

• Managerial Finance

about all sectors, Euromed Management proposes

The World Med MBA trains managers to sail the

• Project Management

a general management programme. The teaching

“Blue Ocean”

• Marketing Management

approach provides the student with a flexible and

Choosing your MBA at Euromed Management is a

• Operations Management

individual study course which will make it possible

step to becoming a future Responsible Manager

• Organisational Behaviour and Human Resources

to select the classes, work rhythm and schedule that

with the right leadership qualities to assume the

Management

suits him/her best.

highest levels of managerial responsibilities. The

• Personal Development and Leadership

World Mediterranean MBA will equip you with

• Research Methodology and Data Analysis

There are two formats within the MSc in Management

unique skills and perspectives in managing diversity

• Social Responsibility and Ethics in Business

course:

and complexity through the delivery of core MBA

• Strategy in Complexity

• Equivalent to Junior MBA (Programme Grande

rapidly changing business, economic, political and

The Summer School

• Functional & Sectorial Specialisations – 1 year

cultural contexts. You will complete your MBA with

During the Euromed Management Summer School,

a unique combination of core business skills and the

the Faculty will present a challenging programme

ability to deploy those skills in complex and diverse

covering a whole variety of cutting edge issues such

The MSc in Management comprises of a healthy

environments – precisely what leading international

as:

mix of Core courses, Elective courses, Projects,

companies and global consultancies are looking for.

• The Euromediterranean Management Approach

Internship, International Languages and Personal

• Complexity

Development.

subjects to exacting standards, in a variety of

North America

Functional & Sectorial Specialisations List of Specialisations: International Marketing Management Corporate Finance and Globalisation

the International Business major) GMAT Interview

Europe

Tuition Fee - €22,000 (all formats) - This price includes all tuition fees exclusive of travel and living expenses

MSc in Management Equivalent to Junior MBA: information on www.universafrance.com

Operations & Supply Chain Management Personal Development & Leadership Global Management International Sport and Event Management Healthcare Company Management Economic Development International Business (double diploma)

Ecole) – 2 year track

One Programme, three formats

• Leadership and Sustainable Performance

Flexibility is the word in today’s business world: both

• Creativity and Metaphors

companies and individuals have to be flexible to

track

More information about the course can be obtained from

http://www.euromed-management.com/

tackle changing environments. Our ambition is to

Elective Courses

offer each participant his/her personal Path to the

• Advanced Corporate Finance

World Med MBA. We therefore offer one programme

• B to B Marketing

Student Profile

in three formats:

• Branding Strategies for Sustainable Growth

We understand that a decision to pursue a higher

- 2 year Part Time Path - 1 year Part Time Path -

• Business Intelligence

management degree is an important step in one’s

Modular Path

• Mergers, Acquisitions and Corporate Restructuring

career which requires extensive research, high

This means that you can enter the World Med MBA

• Negotiation Skills

motivation and huge investment.

along the 1-year Part Time Path and may at some

• Project Management

We are happy to provide to you with all the needed

point switch to the 2-year Path. The Modular path is

• Services Marketing

information! You can reach us by

mscmanagement

Email

the most flexible Path: it allows a participant to start

Asia Pacific

How to apply Application form available at: www.worldmedmba.com Intake: Courses begin in October

Scholarship: Tuition fee waver of either €4000 or €8000 depending on the professional project of the student (conditions apply)

:

internationalprogrammes@euromed-

the MBA at any time, and to complete the MBA over

International Workshop

management.com

a period of 1 to 4 years.

• Welingkar Institute of Management in Mumbai,

Phone: +33 (0)4 91 827 746

India

Australia & New Zealand

World Med MBA Admission requirements - A first degree (or equivalent competencies) and a minimum of 3 years’ work experience - A GMAT - TAGE MAGE and a TOIEC or TOEFL

Latin America

Euromed Management

• USP in Sao Paulo Brazil The MBA Career Guide Fall 2009 187

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European Business School (EBS)

Latin America

Programme Type: Full Time MBA Executive MBA Specialisation by Function: General Management Full Time Course Information Start Dates: September

Tuition Fee: EURO (€) 19,500 Entry Requirements: Min. GMAT Score : 600 Min. TOEFL Computer Based Score : 104 Min. IELTS : 7 Min. Years of Work Experience : 3

Executive Course Information Start Dates: January

Contact: Daniel Kagel Head of Sales MBA Programmes European Business School (EBS) Rheingaustrasse 1 Oestrich-Winkel 65375 Germany

Programme Duration : 24 months Tuition Fee : EURO (€) 29,500

Tel: +49 6723 69 177 Fax: +49 6723 69 133 Email: daniel.kagel@ebs.edu Web: www.ebs.edu

Programme Duration: 18 months

The part-time programme offers you the benefits of an excellent learning experience and a highly valued international qualification. You will gain insights into

North America

the various fields of business and management from an Anglo-American as well as from a continental European perspective. In addition, you gain access to a huge network in the UK, Germany and the rest of the world. During the first year you will attend seven core modules which provide you with a sound grounding in general management and prepare you for the Boardroom Activity that integrates learning form the core modules into a live boardroom situation featuring company executives. The choice of five electives in the second year offers you an opportunity

Europe

to enhance your knowledge and skills in areas that

European Business School (EBS)

programme for the next generation of business

EBS is Germany’s oldest state-recognized university

leaders. The programme is designed to qualify

of business administration. We deliver undergraduate

talented, ambitious professionals who have a

and graduate education, executive education, and

bachelor’s degree and a minimum of three years

Kisha Krishna Meyer (28)

undertake research and knowledge transfer. Our

work experience. The programme is delivered

The sociologist, who has previously worked in Mexico

four key success factors are academic excellence,

in cooperation with partner universities in the

and India, started in the full-time MBA programme in

practical relevance, internationality and personal

emerging markets and prepares graduates for

September 2008.

development.

international management positions.

Since its foundation in 1971, EBS has been a pioneer

During the first twelve months you will acquire

emerging markets such as Mexico, China or India.

in education and executive education developing

comprehensive general management skills. At

I was very keen to study in Europe. As part of my

leaders for global markets. We are an entrepreneurially

the same time you can choose from five foreign

undergraduate studies in Singapore I had spent a

active university with a global network that includes

languages (Chinese, Russian, Spanish, Portuguese,

year in the USA, but no time in Europe. I took a look

more than 150 partner universities around the world,

German). In a six-month study period abroad you

at EBS, because friends and relatives recommended

2,400 alumni, and 200 corporate partners. As one of

will deepen your knowledge at a partner university

the university to me.

the largest faculties of business administration in

in the emerging markets. Individual module-based

Germany, we are consistently ranked among the top

coaching sessions are available to all students.

My class is very small, which means that each

universities in all the relevant German rankings.

Participants in the programme can take advantage of

student receives a great deal of attention and you

the EBS Career Service Centre that holds recruitment

gain a lot from each and every lecture or seminar.

EBS’ executive education programmes are among

fairs, career workshops, and other networking

The students on the course come from very different

the most highly-regarded in the German executive

activities.

professional

interest you most.

Student Profile

Australia & New Zealand

Asia Pacific

’The programme focuses specifically on the

backgrounds

and

from

different

countries. Our lecturers devote a lot of their time

education market. Each year, we welcome more than 3,500 business leaders and top decision-makers

Full and partial scholarships are available for the

to us. Any suggestions we make to improve the

to our campus. As one of the leading provider

programme.

programme are always welcomed. Everyone really takes a personal interest. The coaching sessions

of executive education, EBS has developed high standards in the design and delivery of its MBA and

DBS & EBS Executive MBA

are also helpful. In one-to-one talks, for instance,

Executive MBA programmes, and cooperates with

As renowned and respected business schools, DBS

experienced practitioners from the business world

selected renowned universities across the globe.

from the UK and EBS from Germany have combined

give career advice.

their strengths and their long-term experiences in

EBS Full-time MBA

executive development to create an outstanding

What you learn here really is forward-looking: How

The 18-month MBA with a special focus on the

dual degree programme.

will the global economy fare in the next few years or

emerging markets is a highly intensive degree

even in the next decades? This is very exciting’.

188 The MBA Career Guide Fall 2009

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Government Non - Profit Organisation

Specialisation by Function: Accountancy & Financial General Management Human Resource Management International Management / Business Marketing International Relations Specialisation by Industry: Banking / Financial Services Consulting

W

Full Time Course Information Start Dates: January March May August September October Programme Duration: 10 - 14 months

Tuition Fee: GBP (£) 12000 - (£) 16000 / Total Program Cost Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 233 Min. TOEFL Paper Based Score : 575 Min. IELTS : 6.5 Min. Years of Work Experience :0–2 Application Fee : USD ($) 0

Part Time Course Information Start Dates : January March May August October Programme Duration : 14 – 48 months Tuition Fee : GBP (£) 12000 - (£) 16000 / Total Program Cost

Contact: External Relations Department Regent’s College Inner Circle Regent’s Park London NW1 4NS United Kingdom Tel: +44 (0)207 487 7505 Fax: +44 (0)207 487 7425 Email: exrel@regents.ac.uk Web: www.regents.ac.uk

ebster Graduate School London and the

The MBA programme has been

European Business School London are both

developed to provide students

located on an 11 acre campus at Regent’s College,

with the skills and experience

situated in central London’s beautiful Regent’s

to undertake the challenges of

Park. The campus is renowned for its beautiful

senior-level management. The

surroundings and excellent facilities. The tranquil

programme brings together

environment of campus is only a 15 minute walk

all aspects of the work of

from the financial city of London, the West End, and

the School in an exciting

the many attractions of this exciting European city.

and

innovative

North America

Programme Type: Full Time MBA Part Time MBA

Latin America

Regent’s College Webster Graduate School London and European Business School London

learning

experience. This one year, fullWebster Graduate School London (WGSL) offers

time

American MA, MS and MBA degrees from Webster

combines study in London

University, St. Louis, Missouri, USA. Webster University

with an 6-10 week Study Period

was founded in 1915 and has been fully accredited

Abroad in the USA, Hong

by North Central Association of Colleges and Schools

Kong, Canada, Denmark or

since 1925. Webster Graduate School aims to bring

South Africa. Students can

an international education to students from around

learn

the world.

on the MBA programme, and

additional

degree

languages

are encouraged to undertake an internship as part Students can choose to take the basic MBA

When you join WGSL, you become part of Webster

of their degree, utilizing our prestigious network of

programme or add an emphasis in the following

University’s worldwide community of more than

thousands of business contacts worldwide.

subjects: Finance, Management and Leadership,

20,000 students across three continents. Students

International Business, Marketing, Human Resource

throughout the United States, across Europe and

Management,

in Asia, are studying the same Webster University

Communications

and

Student Profile

American MA, MS and MBA curriculum. You also have

Nilobol Rajsirisongsri, MBA 2003: I can proudly say

the opportunity to study in one of our campuses

that I am so glad to study in Webster Graduate School

According to the U.S. News and World Reports

around the world. Once you are accepted to one

London. My classmates come from diverse cultures

annual study on “America’s Best Colleges 2007”,

campus you are accepted to the whole network of

and backgrounds from which I gain insights and

Webster University is ranked the 23rd best university

Webster campuses and students often travel abroad

perspectives I never would have otherwise acquired.

in the “Best Universities-Master’s” category out of 557

to experience a different culture and environment

Professors were kind and very helpful; I appreciated

institutions.

while studying in the program.

them and am very thankful for their experience and

International Relations.

Asia Pacific

Media

Europe

postgraduate

knowledge they passed on to me. London (EBSL), established in

Frank Wiegand, MBA 2006: The study period abroad

1979, is the UK’s largest private

in Hong Kong with the European Business School

business school. EBSL provides

London was a fantastic opportunity to experience

an educational experience that

life and study in a completely different culture. I

combines rigorous academic

learned a lot from my classmates at City University,

teaching

and Hong Kong is a great place to network and make

with

employment graduates.

excellent

prospects Our

for

students

business contacts. I look forward to returning there on a work basis in the near future.

come from over 100 countries worldwide, and our highly cosmopolitan,

multilingual

student body is a key factor in our success.

Australia & New Zealand

The European Business School

The MBA Career Guide Fall 2009 189

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Program Type: Full-time MBA Part-time MBA Executive MBA Flex MBA Cross MBA Joint Degree Programs Offered: Dual degree MBA Cross MBA   Programs Offered: MBA with Majors in: International Business Communication & Public Relations International Marketing Global Banking & Finance Leisure & Tourism Management

Entrepreneurship Leadership E-Business Sports Management Human Resources Management Course Information Starting Dates: 5th October 2009 11th January 2010 22nd March 2010   Program Duration: 9 months Full-time 18 months Part-time  

Tuition Fee: € 5,500 p/Term Full-time € 2,750 p/Term Part-time Entry Requirements: Min. GMAT Score: 450 Min. TOEFL Computer Based Score: 213 Min. TOEFL Paper Based Score: 550 Min. IELTS: 6.0 Min. Years of Work Experience: 0   Application Fee: € 200  

Contact: Spain Sandra Moro, Admissions European University Barcelona Ganduxer 70 08021 Barcelona Spain Tel: +34 (93) 201 81 71 Fax: +34 (93) 201 79 35 Email: info.bcn@euruni.edu   Switzerland Lorin Cuendet, Admissions European University Montreux Le-Forum-Grand Rue 3 1820 Montreux 2 Switzerland

obligations. Graduate programs can be completed

North America

Latin America

European University - EU Business School

in one year (full-time) or two years (part-time).

Tel: +41 21 964 84 64 Fax: +41 21 964 84 68 Email: info.mtx@euruni.edu Germany Daniela Wurmdobler, Admissions European Business College Munich Gmunder Strasse 53 81379 Munich Germany Tel: +49 89 5502 9595 Fax: +49 89 5502 9504 Email: info.muc@euruni.edu

Student Profile

The University also offers Executive and Flex MBA

Nicolas Brabeck-Letmathe

programs that are carefully structured to equip

Having worked for three years while completing my

executives with the knowledge required to assume

undergraduate studies in a company specialising

the responsibilities of leadership.

in recruitment for major multinational companies, I quickly realized the value and importance associated

Finally, EU offers a unique program in Europe the

with an MBA. Choosing European University to

“CrossMBA” which is a joint project involving EU

continue my studies was an easy decision. The

and its international partners. The program lasts 15

benefits for me were numerous, including the small

months. The participants attend the on-site courses

class size, diverse group of international students

once a month during weekends. The other part of

and personal attention given to each student at EU.

the coursework is completed online.

Europe

MBA Characteristics European University aims to educate its students for

The classes are based on lectures and open

success in the global marketplace. Graduates pursue

discussion with group and individual projects. Each

uropean University has developed into a network

occupations in management, marketing, consulting,

student learned how to effectively sell their ideas

of 20 campuses in more than 10 countries. This

finance and public relations in major corporations

while remaining open to opinions of classmates. EU

and organizations.

attracts a diverse group of students; my class was

E

broad network encourages students to participate in inter-campus exchanges in the following countries:

made up of 20 students representing 18 different

Spain, Switzerland, Germany, Austria, UK, Turkey,

MBA with majors in:

nationalities. The learning process was more

Kazakhstan, Syria, Taiwan, China, Malaysia and

International Business, Communication & Public

complete as we learned not only from our professors

Singapore.

Relations, International Marketing, Global Banking

but also our student colleagues.

Asia Pacific

&

Finance,

Leisure

& Tourism

Management,

EU offers not only the traditional programs of Master

Entrepreneurship, Leadership, E-Business, Sports

Studying in Switzerland

of Business Administration but also the possibility

Management and Human Resources Management.

Despite its relatively small size, Switzerland is an extremely international country. The location of

to specialize in 10 different fields of management education. The first goal of European University is to bring the American education model to Europe by relating

Modules of study:

European University in Montreux put me into

• MBA programs: 1 year full-time, 2 years part-time

contact with an extensive business network and a

• Executive MBA: 15 months full-time, 30 months

thriving economic region. Furthermore, the idyllic

part-time

classroom theory to professional skills. The courses

• Flex MBA: 15 months

are taught using the case study method to prevent

• CrossMBA: 15 months

perfect setting to study.

Final Project

business theory from remaining abstract and

Australia & New Zealand

countryside and beautiful Lake Geneva provided a

International student exchange:

The capstone is the final work that is required

Students may transfer between any of the EU

before obtaining your diploma. This was one of the

The second goal of EU is to internationalize its

campuses. Student exchange with other universities

most memorable aspects of my MBA experience

programs by providing a unique environment. EU

is also possible.

considering the satisfaction of completing such an

incomprehensible.

employs an international faculty and curricula.

in-depth project.

An international perspective is guaranteed due to the composition of the faculty and student body.

The Future With increasing globalization, my exposure to various

The third aim of EU is to offer its students flexibility.

cultures and perspectives will undoubtedly be a strong

EU ensures that all students have the possibility

asset for my career. The future has finally arrived and I

to pursue higher education while balancing the

feel confident that European University has given me

demands of full-time employment, family and other

a good base to face the challenges awaiting me.

190 The MBA Career Guide Fall 2009

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GISMA Business School

Specialisation by Function: Change Management Entrepreneurship General Management International Management / Business Leadership Operations Management Organisational Behavior

Project Management Strategic Management Course Information Start Dates: August (Full-time MBA) March (Executive MBA) January (Part-time MBA) Program Duration: 11 months (Full-time MBA) 22 months (Executive MBA) 24 months (Part-time MBA)

Total Program Cost: EURO (€) 30000 (Full-time MBA) EURO (€) 52500 (Executive MBA) EURO (€) 28000 (Part-time MBA) Entry Requirements: Min. GMAT Score: 550 Min. TOEFL Computer Based Score: 213 Min. TOEFL ibt: 77 Min. IELTS: 6.5 Min. Years of Work Experience: 2

Contact: Katharina Klinge Recruitment Manager GISMA Business School Feodor-Lynen-Strasse 27 39625 Hannover Germany

Latin America

Program Type: Full-time MBA Executive MBA Part-time MBA

Tel: +49(511)54609 0 Fax: +49(511)54609 54 Email: info@gisma.com Web: www.gisma.com

the potential to take on management responsibility within their companies. On 18 weekends a year (Friday and Saturday) as well as during phases of selfthe very latest management methods and problemsolving approaches for real-world challenges – with the added advantage of being able to immediately put their newly acquired knowledge to the test in their jobs. The vast majority of our teachers come from our partner Purdue University and bring the quality of the Krannert School of Management.

North America

study, GISMA students are brought up to speed on

Student Profile

Birgit Hafner (30), MBA After finishing my first degree (Industrial Engineering and Management at the University of Applied degree (AACSB) from Purdue University (ranked

in Asia. As I was very interested in staying in the

Business School belongs to the top business

among the top 25 worldwide) and the GISMA MBA

automotive industry and, especially in working for

degree (Leibniz University Hannover)

DaimlerChrysler I wanted to enhance my chances

schools in Europe. The highly international 11month MBA full-time program in cooperation with Purdue University’s Krannert School of Management, Indiana, USA as well as Leibniz University Hannover, Germany provides multiple benefits to our students. Furthermore – in cooperation with three other top business schools in the USA and Europe – GISMA offers an 18-month part-time Executive MBA

• studying with fellow students of many different cultural backgrounds • profiting from consulting projects and an extensive company network • intense interaction with teachers due to limited student enrolment • an extensive career service.

and decided to do an international MBA. I was

Europe

O

Sciences in Munich) I worked for General Motors

ffering three leading MBA programs, GISMA

convinced by the American MBA program at GISMA Business School in Hannover with its affiliation to Purdue University (USA) which was ranked among the top ten programs in “The Wall Street Journal”. As I enjoy learning, the concise program format with a duration of 11 months was just right for me.

2. The International Masters in Management Looking back at my time at GISMA Business School I Program (IMM) - Executive MBA like to remember the enthusiasm and motivation of

MBA degree. The newest addition to GISMA’s

In cooperation with Purdue University, TiasNimbas

the professors. It was also great to experience that

program portfolio is the Young Professional MBA, a

Business School in the Netherlands and the Central

the teamwork always was successful – although the

part-time program taught on weekends.

European University in Hungary GISMA offers an 22-

tasks were very demanding sometimes, we always

month part-time Executive-MBA program accredited

found a first class solution. Regarding my class mates

GISMA Business School was founded in 1999 as a

by both AACSB and AMBA: The International Master’s

I have met many interesting people from all over the

partnership between the German public and private

in Management Program (IMM). This Executive-MBA

world I am still in touch with.

sector. The school is operated under the umbrella of

program is designed for experienced professionals

the GISMA Foundation, a not-for-profit foundation

who seek to obtain both, an American MBA degree

While studying at GISMA I experienced for the first

of the State of Lower Saxony and leaders of major

from Purdue University and a European MBA degree.

time what it is like to merge in the work you are

German companies.

This MBA program is an “on-the-job” program with

doing. You forget time when doing exactly what

residencies at all four collaborating business schools

you want to. It’s great to think that you can solve any

and in China and addresses managers with an

problem.

1. Master of Business Administration - full-time MBA

average of ten years of work experience.

This 11-month MBA full-time program is offered

The course material is still useful – when looking for

3. The Young Professional MBA - part-time MBA Krannert School of Management, Indiana, USA and

answers in my job today I still look it up in the GISMA

uniquely in cooperation with Purdue University’s

folders. To future GISMA students I recommend

Leibniz University Hannover, Germany.

This 24-month MBA program is offered in cooperation

taking part in one of the consulting projects. It

Benefits for students:

with Leibniz University Hannover. It is aimed at

provides you with practical experience and your own

• Two MBA degrees: the internationally accredited

young academics with first work experience with

valuable network.

Australia & New Zealand

seek to obtain both, an American and a European

Program (IMM) for experienced professionals who

Asia Pacific

program: The International Master’s in Management

The MBA Career Guide Fall 2009 191

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Goethe University Frankfurt Goethe Business School

Specialisation by Function: General Management Full Time Course Information Start Dates: September

Tuition Fee: USD ($) 25,000 Entry Requirements: Min. GMAT Score : 500 Min. TOEFL internet based score: 100 Min. Years of Work Experience : 2

Executive Course Information Start Dates: September Programme Duration : 18-30 months Tuition Fee : USD ($) 65,000 Entry Requirements: Min. TOEFL internet based score: 100 Min. Years of Work Experience : 5

Programme Duration: 13 months

Contact: Tobias Eickelpasch, Recruiting Manager Goethe University Frankfurt – Goethe Business School House of Finance Grüneburgplatz 1 Frankfurt am Main, Germany 60323 Germany

Tel: +49(69) 798 335 10 Fax: +49(69) 798 335 20 Email: eickelpasch@gbs.unifrankfurt.de Web: www.gbs.uni-frankfurt.de

Europe

North America

Latin America

Programme Type: Full-Time MBA Executive MBA

Goethe Business School www.gbs.uni-frankfurt.de

Curriculum of the Goethe Executive MBA is made

points with international employers of all industries

up of nine core courses and nine elective courses.

will create opportunities to steer future careers to

The core courses constitute the rigorous general

the next level.

Goethe Business School offers two MBA Programs.

management backbone of the program. Thereafter,

The Executive MBA Programm in Alliance with Duke

participants select nine electives courses, from

Goethe University’s Goethe Business School is the

and a Full Time MBA Program.

courses in Finance and Accounting, Marketing

center for high-quality management education at

Management and Strategic Leadership, to tailor the

Goethe University in Frankfurt am Main. Goethe

program to their individual needs.

University’s Faculty of Economics and Business

The Goethe Executive MBA program is a global,

Asia Pacific

integrative and flexible program designed for future

Administration is one of only three faculties of

global executives. The program aims to provide

A

tomorrow’s leaders with the mind-set, knowledge,

Program completes the course with elements such

and capabilities to succeed in today’s global markets.

as intercultural management training, individual

Classes in Frankfurt are held at Goethe University’s

leadership coaching sessions, as well as hands-on

House of Finance, located in the heart of the city of

consulting and entrepreneurial projects.

Frankfurt am Main at Campus Westend. The House

The program is delivered in Alliance with Duke

comprehensive

Leadership

Development

University’s Fuqua School of Business and therefore

economics in Germany with AACSB accreditation.

of Finance serves as an international center for

by two outstanding, AACSB-accredited institutions

The Goethe Full Time MBA is an equally innovative

the mutual exchange of ideas and insights to all

consistently achieving high rankings with a

and prestigious program focusing on combining

members of the financial community in Germany,

reputation for unequalled academic excellence.

academic rigor with practical applications and

Europe and the world.

leadership skills.

Australia & New Zealand

The EMBA classes take place in four different

Goethe Business School’s unique teaching approach

countries around the world, immersing students

Besides the core general management courses,

allows working professionals from around the

in the diverse settings and experiences that shape

specific electives as well as a consulting and an

world to boost their career through cutting-edge

today’s global business environment. Lectures in

entrepreneurial project will provide insight to real

knowledge, ample networking opportunities and a

India are held at the Indian School of Business and

business challenges and solutions. A residency in

sound work-life balance. GBS’s programs combine

lectures in China at Tonji University.

China at Tonji University as well as field trips and site

the highest standards of academic rigor with hands-

visits in China combined with intercultural training

on applicability to real-world issues. In addition

Prestigious faculty from Goethe University and

will prepare participants for future global leadership

to the Executive MBA and the full-time MBA, GBS

Duke University deliver the majority of the classes in

roles.

also offers a an Executive Master of Finance and

Frankfurt and Durham (USA). Students develop close

Accounting and a large spectrum of open and

ties to both institutions during the program and can

A competency analysis and individual career

take advantage of both school’s alumni networks

focused coaching sessions will help to unleash the

and services after completing the MBA degree.

students full leadership potential. Several touch

customized educational programs.

192 The MBA Career Guide Fall 2009

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Joint Degree Programmes Offered: MBA + MA MBA + MBA, MBA + MSc Specialisation by Function: Accountancy & Financial Change Management Economics Entrepreneurship Finance General Management Human Resource Management Innovation / Knowledge

Management International Management / Business Leadership Manufacturing Management Marketing Operations Management Organisational Behavior Personal Development Project Management Purchasing Management Risk Management Strategic Management Supply Chain Management Wealth Management

Specialisation by Industry: Banking / Financial Services Consulting Environment FMCG - Fast Moving Consumer Goods Government IT / Telecommunications Non - Profit Organisation Pharmaceutical / Bio-Medical Retail / Consumer Goods Venture Capital & Private Equity Full Time Course Information Start Dates: January September

Programme Duration: 16 months Tuition Fee: EURO (€) 42000 / Total Program Cost Entry Requirements: Avg. GMAT Score : 670 Min TOEFL: 100 (IBT); 250 (CBT); 600 (PBT) Min. IELTS : 7.5 Min. Years of Work Experience : 2

Contact: Philippe Oster, Development & Admissions Director HEC MBA Program 1 rue de la Libération Jouy-en-Josas F-78351 CEDEX France Tel: +33 (1) 39 67 95 46 Fax: +33 (1) 39 67 74 65 Email: admissionmba@hec.fr Web: www.mba.hec.edu

Application Fee : 130 EUR

of leadership that encompasses a strong commitment to developing sustainable business strategies.

Student Profile

Rahul Chopra, HEC MBA 2008 I was attracted to HEC Paris because of its

ACADEMIC EXCELLENCE

international appeal. In today’s world, it has become

The HEC MBA Program is divided

apparent that leaders must be global, in every sense:

into two 8-month periods: the

an understanding of various cultures and customs is

Core Phase and the Personalized

a prerequisite for success.

North America

Programme Type: Full Time MBA

Latin America

HEC MBA Program

Phase. During the Core Phase,

T

the

The HEC MBA Program has far exceeded my

comprehensive core management

develop

expectations: interacting with so many diverse

knowledge and techniques that

backgrounds and top-notch faculty members in a

will enable them to advance in

setting at the heart of Europe has been an incredible

their careers. In the Personalized

experience. I would not pass up this opportunity for

Phase, participants customize their curriculum by

he HEC MBA Program trains high-potential

choosing electives and selecting a Specialized Track

the world!

managers to assume positions of international

in finance, entrepreneurship, marketing, high tech

HEC offers you the freedom to work on many

business leadership. Located in the heart of Europe,

or strategy. They may also gain corporate exposure

different projects outside of academics, as long as

just outside Paris, our program offers the best of

through the Professional Track by completing

you show the initiative. I am the Captain of the golf

all worlds: its human class size of 200 participants,

an Individual Professional Project, a Company

team, Vice-President of the podcasting club, and

combined with its ideal 16-month program length,

Consulting Project, or a Mission and Action Project.

a Director of the HEC Finance Club. In addition, I

allows participants to engage in a transformative

Participants may further expand their network and

was elected Alumni Director for the class and given

learning experience that gives them the tools to

perspective by participating in an international

the responsibility of ensuring that we continue to

achieve their goals.

exchange or double-degree program with one of our

interact and network long into the future.

Europe

participants

personalized program enables participants to

The beauty of the HEC MBA community is its

nationalities and pool more than 1,000 years

broaden their knowledge base, expand their

diversity. Interacting with people from over 50

of professional experience in a wide range of

management competencies, and enhance their

different nations has been an incredible learning

industries and functions. Our participants develop

expertise in a chosen field.

experience, as well as a reward in itself. The program

a multicultural perspective by working in close

also promotes a community feel: I already know that

collaboration with classmates from around the

PROFESSIONAL DEVELOPMENT

world. This transformative experience of personal

When seeking internships, project partners, and

and professional development renders our graduates

employers, our participants benefit from the full

The HEC MBA has opened my eyes to the possibilities

uniquely qualified to take on leadership positions in

integration of our Career Development Service.

that exist around the world. It has made me dream

global organizations.

Each HEC MBA participant receives customized job-

bigger and aspire to achieve more. I encourage

search advice from alumni, consultants, coaches,

anyone who has the drive and determination to join

MBA AMBITION

and peers, before they are exposed to the hundreds

the ranks of future leaders to attend HEC.

At HEC, we believe that leadership can be taught.

of job recruiters who visit campus every year. Our

However, leaders can only be formed through direct

dedicated career services team actively supports

experience and action. Our approach to management

participants in transforming their MBA experience

training is ACE: Analytical, Critical, and Experiential.

into a real-life career trajectory and offers a bridge

Among the skills that define successful leadership

to the job market, where a network of 40,000 alumni

is a capacity to manage in a positive, intuitive, and

and over 200 recruiting multinational corporations

creative manner. We understand that, in order to lead

are waiting for HEC MBA graduates.

I have made friendships that will last a lifetime.

the businesses of tomorrow, our participants must master their communication skills, sharpen their

Australia & New Zealand

HEC MBA participants represent over 55 different

Asia Pacific

prestigious partner institutions. Our comprehensive,

intuitive intelligence, and develop an ethical vision The MBA Career Guide Fall 2009 193

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Latin America

Henley Business School Programme Type: Full Time MBA Distance Learning MBA Executive MBA Joint Degree Programmes Offered: MBA Only Specialisation by Function: Corporate Governance General Management Leadership Personal Development Strategic Management

Full Time Course Information Start Dates: October Programme Duration: 12 months Tuition Fee: GBP (£) 33000 / Total Program Cost Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 240 Min. TOEFL Paper Based Score : 580

Min. IELTS : 7 Min. Years of Work Experience : 5

Executive Course Information Start Dates: September

Application Fee : USD ($) 0

Programme Duration : 24 months

Distance Course Information Start Dates : January, May, September

Tuition Fee : GBP (£) 39950 / Total Program Cost

Programme Duration : 36 months Tuition Fee : GBP (£) 16795 / Total Program Cost

Contact: MBA Office, Henley Business School Greenlands Marlow Road Henley on Thames, Oxfordshire RG9 3AU United Kingdom Tel: +44 (0)1491 418803 Fax: +44 (0)1491 418899 Email: mba@henley.com Web: www.henley.com

Student Profile

North America

Chris is a Development Fellow and Programme Director for the Distance Learning MBA programme at Henley Business School. An alumnus of the Henley MBA himself, he spent 12 years working in management education and training in Central Europe before joining the College in 2005. His research interests include executive coaching and managing the adult learning journey. “Why the Henley MBA? There are lots of reasons, but also three attributes which stand out. The first is the

Asia Pacific

Europe

fact that Henley focuses on all aspects of just one In 2008 Henley Business School arose from the

Managing Financial Resources.

thing - the executive manager. For the Henley based

merger between 60 year old Henley Management

Stage 2 of the programme is ‘Making Business

student, resting as it does on the leafy banks of the

College and the Business School of the University of

Choices’ which consists of modules on The Global

River Thames, the College has no distractions, no

Reading to form one of the largest global business

Business

Marketing;

compromises to undergraduate courses or internal

schools in Europe. It is the world’s third largest

Corporate Finance & Governance and Strategic

rivalries with other university departments. In this

provider of MBAs.

Direction.

space, faculty and programme members can come

Stage 3 of the programme is ‘Making a Difference’,

together to think, reflect and learn.

Environment;

Strategic

The Henley MBA has a pragmatic focus with high

where we look at ‘leadership & Change’, Reputation

academic standards. It is designed especially for

and Relationships’ and ‘The Management Challenge’.

The second aspect which makes Henley distinct

experienced managers celebrating the knowledge

The management challenge is a piece of real-time

is the application to practice which underpins

and perspectives they bring from around the world

consultancy work which allows the programme

everything we do. Examinations are based on real

and from every industry. It has a strong emphasis on

member to apply what they have learned to a real

cases and assignments are set in real organisations.

personal development.

business problem in an organisation.

At Henley the three letters of the MBA add up to a

Teaching is organised around real-world dilemmas

There are also international study projects on the

and business choices rather than traditional

Full Time (3) and Executive (2) programmes looking

academic disciplines.

at business systems in different markets as well as

Finally, the shared experience between participants

undertaking real projects in different countries and

is crucial to bringing together all the other elements.

social settings.

Henley attracts people who have quite a bit of

mature way of thinking about dealing with modern

THe Henley MBA is offered Full-Time over 1 year or

Australia & New Zealand

Part-Time via the 2 year Executive or 3 year Distance

business dilemmas and choices.

management experience already, and that will be

Learning programmes. All are ranked highly but

Henley’s highly practical approach to the learning can

from a very wide range of industry and sector, so there

particular highlights are the world number one

be applied in the workplace immediately. We focus

is breadth as well as depth. Not only that, with more

spots for personal development and educational

on small group ‘syndicate’ learning and always work

than 5,500 currently people enrolled worldwide on

experience, potential to network, student and faculty

in teams. We also emphasise personal development

the MBA, there are a lot of opportunities to network

quality (EIU Full-time MBA rankings 2008).

and help you define your objectives, identify skills

with like minds.

Henley has over 30,000 alumnii across 124 countries.

gaps and develop personal action plans.

We are one of only a small number of

triple

For me, these sum up the Henley MBA - prestigious,

accredited schools worldwide - by AMBA (UK), EQUIS

Overall Henley will help you develop the skills to

(Europe), AACSB (USA).

effectively make difficult business choices not just

practical and powerful. “

considering shareholders, but all the stakeholders of Stage 1 of the programme is Managing the

the business, thus securing the long-term future of

Organisation and introduces the core subjects

the business and of the individuals within it.

of

Dynamics of Management; Managing People

& Perfomance; Projects, Processes & Systems; and 194 The MBA Career Guide Fall 2009

MBACG Fall 09.indd 194

30/7/09 17:45:00


Sorbonne Graduate Business School - IAE de Paris Programme Duration : 17 months

Specialisation by Function: General Management International Management / Business European Management

Tuition Fee : EURO (€) 14000 / Per Year

Tel: +33153552720 Fax: +33153552701 Email: paillard.iae@univ-paris1.fr Web: http://iae.univ-paris1.fr/en/ international.php

Europe

North America

Executive Course Information Start Dates: September

Application fee: EURO (€) 100

Contact: Lina Paillard, Program Manager Sorbonne Graduate Business School - IAE de Paris 21 Rue Broca Paris, 75005 France

Latin America

Programme Type: Executive MBA

its positioning can be seen in one number: three-

Double competency is a springboard to the

part of one the most renowned universities in the

quarters of its students are young executives who

professional development of graduates because

world, La Sorbonne. Since its inception, the IAE has

are registered for part-time Masters. The strategic

it allows them to reach managerial positions,

held an important place at the very core of business

vision of the Institute is to be recognized as a

particularly in the European subsidiaries of global

management education in France and its role

general graduate business school with a particular

companies. Insofar as the International MBA program

continues to grow as well as its experience. At the

competence in its part-time masters programs to

is a generalist program in business administration,

crossroads of developing knowledge in the scientific

currently employed executives. More specifically, it

target jobs for graduates are located in all functions

world (the permanent teachers and lecturers at the

strives for international recognition for the quality

of business activity.

IAE are also researchers) and of elaborate company

of its Executive Masters, whether it be in Paris or

practice, it is a place which welcomes Executive

elsewhere in the world.

Asia Pacific

The IAE of Paris was created 50 years ago. It makes

Managers who wish to develop state-of-theart aspects of management. The IAE of Paris has

International MBA Program

expanded on its traditional French MBAs creating

This part-time MBA program focuses on building

new programs in English for international students.

core business management competencies while coming from various countries and different

experience, post-experience and apprenticeship

disciplines from all over the world.

Australia & New Zealand

leveraging on the vast cultural diversity of students Every year, 1650 students are enrolled in preprograms in France and abroad. There are more than 23 000 graduates employed in corporations and

The aim is to offer students a double competency.

organizations all over the world.

Building upon an initial education in any field other than business administration and a work experience

Like most graduate business schools, the IAE de Paris

of at least three years, the International MBA program

offers Management programs to young graduates

allows students to obtain a solid foundation of

and currently employed business executives and

business fundamentals. Competencies acquired

undertakes applied research, both activities in

are both of a functional (finance, accounting,

close collaboration with businesses. What makes its

marketing, human resource management,…) and a

programs offer stand out is the importance given

cross-functional, transversal type (corporate social

to its Executive Masters. The particular nature of

responsibility, intercultural management, …). The MBA Career Guide Fall 2009 195

MBACG Fall 09.indd 195

30/7/09 17:45:20


North America

Latin America

IE Business School Program Type: Full-time MBA Distance Learning MBA Executive MBA

Tuition Fee: EURO (€) 48,000 + 1,100 Entry Requirements: Min. GMAT Score: 640 Min. TOEFL Computer Based Score: 250 Min. TOEFL Paper Based Score: N/A Min. Years of Work Experience: 3

Application Fee: EURO (€) 120 Full-time Course Information Start Dates: April and November

Distance Course Information Start Dates: February and September

Executive Course Information Start Dates: June and November

Programme Duration: 15 months

Program Duration: 13 months

Tuition Fee: EURO (€) 35,000 + 1,100

Tuition Fee: EURO (€) 51,000 + 1,100

Contact Lisa Bevill, Associate Director Admissions Department IE Business School 11 Maria de Molina Madrid 28006 Spain Tel: +34 915 689 610 Fax: +34 915 689 710 Email: admissions@ie.edu Web: www.ie.edu/business

Joint Degree Programs Offered: MBA Only MBA + MA MLOG, MALD

Program Duration: 13 months

transformation into true entrepreneurs, as the

would have valuable work experience and would not

two-term entrepreneurial management course

wish to break their successful career by taking up to

gets underway.

two years out to study an MBA on campus.

• During the second period the triple core of management – strategy, finance, and operations –

Using both the Global virtual campus (with

takes center stage.

asynchronous online sessions and live interactive video

• The third period focuses on integration of the

sessions) and established Global Community nodes

management of people, of technology and of the

(for presential learning and development), the Global

IE Business School, a pioneer in business education,

firm’s social and political environment in different

MBA is second to none in modern business education.

and one of the world’s top international business

countries becomes the main focus.

schools is based in Madrid, Spain. IE trains tomorrow’s

During this final period, students choose from a host

International Executive MBA (Executive MBA)

business leaders, shaping them with an innovative

elective courses, can enroll in the Venture Lab, or

The International Executive MBA updates seasoned

approach and acting as a catalyst for the creation of

study abroad at one of our elite exchange partner

managers with refined leadership skills, innovative

new businesses.

schools around the world.

strategies and up-to-the-minute business models,

IE Business School’s MBA programs have met with

Complementing the three periods is the ACCELERATE

excel. It also familiarizes students with the kind of

international acclaim, featuring highly in both the FT

program. With innovative workshops in areas such

management skills that constitute an increasingly

and Economist business school rankings.

as team building, critical thinking, cross-cultural and

important factor in professional success.

Europe

instilling the competitive advantage needed to

effective communication, creativity, and decision-

International MBA (Full-time)

making, ACCELERATE is a balanced training and

The International Executive MBA has met with great

The one-year International MBA at IE offers you

development program that cultivates personal

acclaim, and has become a global leader, ranked

something more than the average MBA program,

and interpersonal skills and abilities, including,

highly in Executive MBA international rankings (FT,

its curriculum was named the “most innovative

negotiation, leadership, and coaching.

EIU etc.) The International Executive MBA program

Asia Pacific

curriculum” of any international MBA program by

offers two different timetables. Participants can elect

BusinessWeek in November 2008 and combines

Global MBA online (Distance Learning MBA)

to follow a blended program which combines part-

proven techniques with cutting-edge insights. Each of

Emerging from the need of today’s business

time online training with short periods of full-time

the three core periods is preceded by a short “change

professionals for creative thinking, teamwork, and

presential study; or attend presential classes only,

module” that progressively transforms participants

a global contact network, the Global MBA online

held every other week.

into genuine leaders and agents of change.

is a part-time program that can be followed from anywhere in the world. Aimed at young professionals,

The International Executive MBA program at IE

Structure

the Global MBA is ideal for those wanting to pursue

Business School provides all the tools for professional

The International MBA is divided into 3 learning

their careers and an MBA concurrently; lasting 15

success in international business management

periods.

months, the program allows the maximum flexibility

and entrepreneurship. An innovative program

• The first period covers business fundamentals,

required to study and work at the same time. The

that maximizes the part-time learning experience,

degree awarded is identical to that given after

the International Executive MBA provides for the

studying a full-time MBA at IE.

unique needs of the executive preparing you for the

including

courses

economics,

on

marketing,

quantitative

analysis,

accounting

and

Australia & New Zealand

organizational behavior lay the foundation for the

requirements of the dynamic international business

rest of the program. Participants also begin their

A typical candidate for the Global MBA online program

world.

Student Profile Gender

International MBA

Age

Geographic Distribution

Male

Female

80% range

Total average

Nationalities

International Students

Latin America

Europe

Spain

Asia

North America (US and Canada)

Africa and the Middle East

72%

28%

25-32 years

28,2 years

68

82%

33%

27

18%

11%

7%

4%

Global MBA online

70%

30%

-

-

24

70%

16%

11%

30%

25%

7%

11%

International Executive MBA

79%

21%

-

36 years

-

87%

8%

51%

13%

15%

10%

3%

196 The MBA Career Guide Fall 2009

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17/7/09 17:19:42


University of Navarra IESE Business School

Full Time Course Information Start Dates: September

Entry Requirements: Min. GMAT Score : 620 Min. TOEFL Computer Based Score : N/A Min. TOEFL Paper Based Score : N/A Min. Years of Work Experience : 2

Programme Duration: 19 months

Application Fee : USD ($) 130

Tuition Fee: EURO (€) 67900 / Total Program Cost

Executive Course Information Start Dates: May August

Retail / Consumer Goods Venture Capital & Private Equity

Specialisation by Function: General Management Ethics. entrepreneurship, communications Specialisation by Industry: Banking / Financial Services Consulting IT / Telecommunications Pharmaceutical / Bio-Medical Real Estate

North America

Latin America

Programme Type: Full Time MBA Executive MBA

Programme Duration : 16 months Tuition Fee : EURO (€) 86500 / Total Program Cost

Contact: MBA Admissions, Associate Director University of Navarra IESE Business School 21 Avenida Pearson Barcelona 08034 Spain Tel: +34 93 253 42 00 Fax: +34 93 253 43 43 Email: mbainfo@iese.edu Web: www.iese.edu/en/Programs/ MBA/MBA.asp

ability to acquire foreign

Faculty:

language

competency

IESE’s full time faculty have earned Ph.D.’s from some

even while maintaining

of the world’s most prestigious business schools and

heavy work loads. This

contribute their research and writings to publications

is a capability MBAs will

and books published around the world. They also

need throughout their

work as consultants to many of the world’s leading

professional

companies. This ongoing research and relationship

lives

as

international managers.

with corporate clients makes IESE one of the biggest business case publisher´s in the world; its cases are

Europe

Admissions:

taught in leading universities throughout the world.

IESE

seeks

students

with

strong

academic

IESE occupies a verdant campus with sweeping views

substantive previous work

of the Mediterranean and the Barcelona skyline. The

experience,

city and surrounding countryside offer unparalleled

leadership

qualities, and the ability

Asia Pacific

opportunities for business and recreation.

to speak at least one foreign language fluently.

Student Profile

With some 430 MBA students from more than 50

On average, current IESE MBA’s are 28 years old, have

countries, an extensive network of international

4 years of post-graduate work experience and a GMAT

“I was looking for a school which would change

corporate connections, and academic partnerships

score of 671.

more than my outlook on business. IESE’s diverse

with many of the world’s leading business schools,

population does not compare to any top school in

IESE is a school of extraordinary global reach. Many

IESE in Recent Rankings:

the US. My team-mates are from France, Germany,

of IESE’s alumni work for major corporations and new

IESE ranks among the world’s top 10 Programs

Dominican Republic, Peru, Spain, India, Italy and

business ventures in more than 90 countries.

according to the most recent survey of global

the Ukraine. I work closely with them daily and am

schools conducted by the Financial Times, Business

learning invaluable lessons about the importance

Week, Economist Intelligence Unit and Forbes.

of diverse backgrounds in approaching and solving

Goals of the MBA Program: The IESE MBA is an academically rigorous, 19 month

problems. I also chose IESE because of the case

program with a general management orientation.

MBA Career Services:

study method. I wanted to push myself to become

It seeks to develop sound business judgement, the

MBA Career Services maintains excellent working

a better, faster thinker and to be able to evaluate

ability to work effectively in a variety of cultural

relations with major corporations and new business

relevant problems and communicate my ideas more

contexts, and the knowledge, skills and attitudes

ventures throughout Europe, and North and South

clearly. I am witnessing the power of this method; it

for on-going professional success in the field of

America. Some 50 leading firms attend IESE’s annual

is involved, dynamic, intense, and satisfying.”

international business.

MBA Career Forum and around 350 companies

Katherine Korytkowski, U.S., MBA 07

recruit for IESE MBAs each year.

Australia & New Zealand

Barcelona:

records, substantial and

Some 81% of

Mission: Our mission is to transform business

students find their first job after graduation through

“For me, one of the most important aspects of the

through management education and leadership

Career Services.

IESE MBA is to develop a “global business view” which an excellent faculty and class mates from all

development, creating a better world by creating

Recruiting Companies (partial list):

over the world ensure. Small class sizes mean that we

Accenture, A.T. Kearney, Barclays Capital, BASF, Bayer

all have easy access to the professors. Also Barcelona

Why a Bilingual MBA?

AG, Boston Consulting Group, British Petroleum,

being in a non-English speaking country means that

The MBA program is taught in English and includes

Citibank, Deutsche Bank, Eli Lilly, Ford, Goldman

I have the chance to learn another language and

Spanish-language

the

Sachs, Johnson & Johnson, JP Morgan Chase,

extend my horizons to various countries beyond the

first year (Spanish is not required for admission.)

Lehman Brothers, McKinsey & Co., Merrill Lynch,

U.S., U.K. and Japan. It is a great city to live in too!”

During the second year, students have the option

Morgan Stanley, Roche, Roland Berger, Sara Lee, UBS

Takayuki Doman, Japan, MBA 07

of taking electives taught in Spanish. The program

Warburg.

better leaders.

instruction

throughout

is bilingual in order to help students master the 198 The MBA Career Guide Fall 2009

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Specialisation by Function: Entrepreneurship Finance General Management Health Care Management Innovation / Knowledge Management Risk Management Specialisation by Industry: Banking / Financial Services Consulting

Media & Entertainment Pharmaceutical / Bio-Medical Public Sector Retail / Consumer Goods Venture Capital & Private Equity Full Time Course Information Start Dates: October Programme Duration: 12 months Tuition Fee: GBP (£) 29700 / Total Program Cost

Entry Requirements: Min. GMAT Score : 600 Min. TOEFL Computer Based Score : 250 Min. TOEFL Paper Based Score : 610 Min. IELTS : 7 Min. Years of Work Experience : 3

Tuition Fee : GBP (£) 24000 / Per Course

Application Fee : USD ($) 150

Programme Duration : 21 months

Distance Course Information Start Dates : September

Tuition Fee : GBP (£) 37250 / Total Program Cost

Executive Course Information Start Dates: April December

Programme Duration : 34 months

Contact: Wee Ming Lim, Recruitment & Development Executive Imperial College Business School, Imperial College London Imperial College Business School Tanaka Building South Kensington campus London, England SW7 2AZ United Kingdom Tel: +44(0)20 7594 9206 Fax: +44(0)20 7594 9184 Email: mba@imperial.ac.uk Web: www.imperial.ac.uk/ business-school

Our MBA is consistently ranked

Contact us

in the top 10 worldwide for

Visit www.imperial.ac.uk/business-school/

entrepreneurship. MBA students

waystomeetus to find out how to meet us

learn from world class experts who combine the latest research with a

Imperial College Business School, Tanaka Building,

practical understanding of today’s

South Kensington Campus, London SW7 2AZ, UK.

global business. Everything you learn will benefit both you and the

T: +44 (0)20 7594 9206

organisations you work for. And

E: mba@imperial.ac.uk

you don’t just learn: you put your

W: www.imperial.ac.uk/business-school

North America

Programme Type: Full Time MBA Distance Learning MBA Executive MBA

Latin America

Imperial College Business School Imperial College London

learning into practice, in teams and team player and networker.

A Time to be Exceptional – The Imperial MBA

Student Profile

According to the 2008 Research

Mr Anthony Hickson Full-time MBA 2008-2009

Assessment Exercise (RAE) results

Before the MBA, I had built a career in the media

In these unprecedented times there has never been a

published in December 2008, Imperial College

industry, but more recently I was looking for a fresh

greater need for exceptional, global thinking leaders.

Business School is joint first for the percentage

challenge and wanted to change career direction. I

The Imperial MBA creates leaders with the vision and

of research activity assessed as world-leading or

had reached a stage where I wanted to explore new

creativity to exploit new opportunities.

internationally excellent.

opportunities and broaden my horizons. I felt that

Making Change Happen

One MBA, three ways to study

“Imperial College Business School sits at the heart of

There are three ways you can study for your MBA at

one of the world’s great universities, with an unrivalled

Imperial, allowing you to choose a study mode study

Imperial College Business School is ranked third in

reputation

that suits your life.

the UK and sixth in the world therefore studying

Europe

individually, making you a stronger

the MBA would enhance my personal development

world-changing

discoveries. You will be at the forefront of real and lasting change.” - Professor David Begg, Principal, Imperial College

here meant that I would be exposed to high • Imperial MBA - our 12 month intensive full-time MBA.

calibre students with a variety of backgrounds and cultures. The community here is very diverse, open

Business School

and friendly. The smaller class sizes were also a big • The Imperial Executive MBA - accelerate your

advantage for me.

Undertake your MBA at Imperial and you become a

career while continuing to excel in a demanding

graduate of one of the world’s leading universities.

job. Choose from Weekend or Weekday study.

The Imperial MBA has a strong focus on innovation

Imperial College Business School attracts students

For timetable information: www.imperial.ac.uk/

and entrepreneurship and what makes it stand out

and faculty from amongst the world’s best. With

business-school/programmes/executive-mba/

from other similar programmes is its Innovation,

the majority of MBA students coming from outside

studyprogramme/timetable

Entrepreneurship and Design (IED) programme,

the UK, you will be exposed to a great variety of perspectives and market insights, stimulating your thinking and ability to apply innovative ideas to the

but unlike many other Business Schools, it also has • Distance Learning MBA - offered through the University of London.

a unique culture of collaboration. It has a wordrenowned reputation and international exposure.

wide range of economic and political challenges facing the world today.

See the World, Study in London

Throughout my time here I have learnt the importance

Imperial College Business School is located centrally

of networking and building new friendships. Coming

A Reputation for Innovation

in

multicultural

from a graphic design background and taking up a

“Innovation in the new economic age is going to be

atmosphere. London is the headquarters for many

new challenge I have learnt that anything is possible

very different from any of the models we have had in

global organisations enabling you to pursue

if you put your mind to it, but that the MBA is not the

the past.”

projects with blue chip companies, consultancies

be-all and end-all, it is a stepping stone to something

- Professor David Gann, Head of Innovation and

and financial firms.

bigger.

South

Kensington’s

vibrant,

Asia Pacific

commercialising

Australia & New Zealand

for

through the networks I would develop.

Entrepreneurship group, Imperial College The MBA Career Guide Fall 2009 199

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INSEAD

Latin America

Programme Type: Full Time MBA Joint Degree Programmes Offered: MBA Only Specialisation by Function: General Management Specialisation by Industry: Banking / Financial Services Consulting

Full Time Course Information Start Dates: January September Programme Duration: 10 months Tuition Fee: EURO (€) 51000 / Per Year

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 260 Min. TOEFL Paper Based Score : 620 Min. iTOEFL : 105 Min. IELTS : 7 Min. Years of Work Experience : 2 Application Fee : EURO (€) 200

Contacts: Andrew Bueno, Marketing Officer INSEAD Boulevard Constance Fontainebleau, France 77305 France Tel: +33 1 60 72 40 05 Fax: +33 1 60 74 55 00 Email: mba.info@insead.edu Web: www.insead.edu/mba

Jasmine Sim Marketing Coordinator INSEAD 1 Ayer Rajah Avenue 138676 Singapore Tel: +65 6799 5990 Fax: +65 6799 5499 Email: mba.info@insead.edu Web: www.insead.edu/mba

Student Profile

Solape Agagu

North America

Nigerian BSc Economics - University of Ibadan INSEAD MBA December 2009 Before INSEAD: Management Consultant at Accenture INSEAD is a unique business school in many ways; everything from the multi-location strategy to the tri-lingual requirement to the 10-month duration and the impressive diversity of students and faculty sets it apart from other top MBA programmes. I have been challenged with a dizzying amount of work and play during my time here. INSEAD is not only refining the knowledge and skills accumulated

Europe

in the course of my career and providing a solid theoretical framework for the future, but is also affording me the opportunity to learn greatly from my course-mates - a more diverse pool of students INSEAD is widely recognised among the world’s top-

In a typical year, INSEAD MBA graduates join

than one could hope to find in one organisation or

tier business schools as one of the most innovative

organisations in over 50 countries, more than any

indeed, most other business schools.

and influential business schools. It is the only

other business school.

Australia & New Zealand

Asia Pacific

business school with full-fledged campuses in Asia

INSEAD is also definitely the place to be in uncertain

(Singapore) and Europe (France). Currently 137

Content and Structure:

times.

faculty teach more than 900 MBA students, 9000+

The 10-month programme is divided into five

means that the economic crisis has felt like a huge

executives and over 60 PhD students from over

intensive study periods of eight weeks. During

opportunity. It’s the only place for someone like me,

75 countries. There are more than 38,000 INSEAD

the first three periods, students undertake 13 core

whose ambition is to seek out business models that

alumni around the world, in over 150 countries

business subjects. In the final two periods, students

will work in Africa and bring long-term economic

across all continents.

customise their degree by choosing from over 70

growth.

The strong focus on entrepreneurship

elective courses. The

full-time

MBA

programme

challenges

All in all, INSEAD has provided maximum learning

participants to a one-year concentrated study in a

Candidate Profile and Admissions:

and value in a minimum timeframe - what can top

highly diverse learning environment. In 10 months,

The selection process for the MBA programme is

that?

the challenging and diverse curriculum provides

highly competitive. While displaying a remarkably

the brightest young minds in business with a solid

diverse range of backgrounds and experiences,

foundation for careers in management.

all successful MBA candidates must demonstrate a combination of excellent academic capacity,

With students representing over 70 nationalities, over

international

two campuses in Europe and Asia, the programme

leadership potential, and a desire and ability to

motivation,

management

and

develops successful, responsible, and thoughtful

contribute to the INSEAD experience.

leaders and entrepreneurs who create value for their organisations and their communities. Students also

INSEAD has two intakes per year on each campus,

have the opportunity to take elective courses at the

one in January and the other in September.

Wharton School of Business in Philadelphia, making

staged admissions process is in place for both, and

INSEAD the only business school in the world to offer

candidates are encouraged to apply for the round

participants the opportunity to study across three

in which they are confident that their application is

continents and earn their MBA in just 10 months.

complete.

A

200 The MBA Career Guide Fall 2009

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Specialisation by Function: Logistics Management Full Time Course Information Start Dates: October Programme Duration: 12 months

Language of instruction: English

Admission Fee: EURO (€) 300

Tuition Fee: EURO (€) 19800

Part Time Course Information Start Dates: June 2010

Entry Requirements: University Degree Min. GMAT Score : 520 Min. TOEFL Internet-based Score: 100 Min. IELTS : Band 7 Min. Years of Work Experience : 1

Entry Requirements: University degree Min. TOEFL internet-based score: 80 Min. IELTS: Band 6.5 Min. Years of Work Experience : 2

Language of Instruction: German Programme Duration: 24 months

Contact: Martina Heinrich, Head of Recruitment & Student Affairs Kuehne School of Logistics and Management TUHH Campus Schwarzenbergstr. 95, Building D 21073 Hamburg Germany Tel. + 49 (40) 42878 4302 Fax: +49 (40) 42878 2540 E-mail: studylogistics@kuehneschool.de Web: www.kuehneschool.de

Tuition Fee: EURO (€) 25000

knowledge can be put to the test in the reality of the industrial workplace.

Student Profile Sophonia Siu Man Tsang, 27, Chinese, Class of

Curriculum

2007/08, graduated from Kuehne School of Logistics

The logistics courses have a clear focus on the

and Management and became a supply chain analyst

entire supply chain and make up more than half

at Mylan GmbH, Zurich.

of the total number of program courses. The emphasis is on imparting knowledge about the

North America

Programme Type: Full Time MBA Part Time MBA

Latin America

Kuehne School of Logistics and Management

targeted development and integrated structuring of enterprise-related and crossenterprise value added systems on the basis of logistics principles. Throughout the program students are trained systematically in management skills. Focal points are personal skills (effective presentation and teamwork

skills

(moderating

workshops. learning creativity techniques), and interpersonal skills (conflict management and

Tsang, had left her job as a Sales Support Executive

negotiating techniques). The program ends with a

at Kuehne + Nagel in Hong Kong to join a one-year

master’s thesis in which a logistics problem must be

Master of Business Administration (MBA) program at

dealt with in a specified time frame.

the Kuehne School of Logistics and Management in

The Kuehne School and Its Partners Faculty

destination for a specialised MBA in Logistics as it has

successful history. It was founded in 2003 as the

A total of 14 professors and more than 40 research

two well-known ports, Hamburg and Bremerhaven,

Hamburg School of Logistics (HSL). The Hamburg

associates and senior researchers carry out research

and a comprehensive transportation net work. And

metropolitan region as Europe’s leading logistics

in key subject areas, simultaneously ensuring that

since the Kuehne Foundation’s CEO was the School’s

location was the ideal place to found a business school

the Kuehne School is used as a forum for intensive

founder, I was convinced that the MBA must be of

for logistics training and in-service training. The non-

knowledge transfer. This is, of course, an essential

assured high quality”, Tsang said.

profit Kuehne Foundation, the Free and Hanseatic

basis for unique university-level MBA and executive

City of Hamburg, and the Hamburg University of

education. Topics are management methods in

In far-off Germany Tsang’s expectations were not

Technology (TUHH) jointly laid the foundation stone

the field of innovation management, operations

disappointed. “At the Kuehne School you get a good

with the aim of ensuring first-class logistics and

management, industrial organization, and project

mix of theory and practice, both in terms of general

management training and tackling the shortage of

management as well as performance measurement.

management and of logistics subjects,” she said,

management personnel in the logistics industry.

Leading large and medium sized enterprises make

summing up her year in Germany.

In 2007 the HSL was enlarged and renamed the

use of TUHH expertise in the field of logistics.

Kuehne School. Its further training portfolio consists

Asia Pacific

Hamburg. “Germany was my first choice as a study

The Kuehne School can look back on a brief but

Hub of Logistics

she found an interesting job with the American

master’s programs majoring in logistics, and further

Located in the north of Germany on the Elbe River,

pharmaceutical company Mylan GmbH in Zurich,

education sequences, seminars and training courses

Hamburg is the trade and transport hub of northern

Switzerland, where she is now a supply chain analyst.

for logistics industry employees. A research center

Europe. It is a prime transport location right at the

She and her colleagues are involved in improving

with 14 professorships is under development.

heart of the Single European Market and is poised

the group’s global logistics processes and she is

to expand as the European Union enlarges to the

happy to be working on the customer’s side now.

Specialization

east. All major logistics providers – well over 5,000

“The theoretical models I learned at the Kuehne

Logistics is a booming sector with excellent

firms – have a base in the greater Hamburg region,

School help me in my everyday work here,” Tsang

potential for the future. The need for highly-qualified

accounting for an estimated labour force of 230,000.

said. “My new employer is very pleased with my

management personnel is constantly growing.

The concentration of logistics expertise in Hamburg

integrated view of processes. Another reason why he

The integrated teaching approach trains students

is a major locational advantage.

employed me was my international and intercultural

Australia & New Zealand

After obtaining her MBA in the late summer of 2008

of a full-time and an in-service MBA program, two

to become experts in the logistics field, whose

Europe

communication),

experience, including my experience in Hamburg.” The MBA Career Guide Fall 2009 201

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Lancaster University Management School

Latin America

Programme Type: Full Time MBA Executive MBA Specialisation by Function: Accountancy & Financial Brand Management Change Management Decision Science Entrepreneurship General Management Leadership Marketing Operations Management

Project Management Strategic Management Full Time Course Information Start Dates: September Programme Duration: 12 months Tuition Fee: GBP (£) 19800 / Total Program Cost (2009 Fee level)

Entry Requirements: Min. GMAT Score : 600 Min. TOEFL Computer Based Score : 250 Min. IBTOEFL : 100 Min. TOEFL Paper Based Score : 600 Min. IELTS : 7 Min. Years of Work Experience : 3 Application Fee : USD ($) 0

Executive Course Information Start Dates: October Programme Duration : 24 months Tuition Fee : GBP (£) 17500 (09/10 level) / Total Program Cost

development through our Mindful Manager thread.

North America

This explores what management is really about and

Contact: Angela Graves, Faculty Admissions Officer Lancaster University Management School Lancaster University Lancaster, Lancs LA1 4YX United Kingdom Tel: +44 (1524) 594068 Fax: +44 (1524) 592417 Email: mba@lancaster.ac.uk Web: www.lums.lancs.ac.uk/mba

Student Profile

packs in lots of personal development opportunities

To undertake a top class

based on experiential learning. We use the academic

MBA had always been

learning on the programme as the basis for helping

Carsten Engh’s goal. When

you to learn how to manage yourself and how to

his contract at a Norwegian

work in teams.

Utilities corporation ended, he chose not to extend but

Why Lancaster School?

University

Management

to seize the opportunity. “I wanted to change my

Europe

Accreditation and reputation Resources

business school accreditation organisation, EQUIS,

The Lancaster MBA definitely provided me this

the top European quality mark for European Schools

opportunity by putting our class room learning to

and AMBA, the top British quality mark.

the test in the real world. It was why I chose Lancaster,

A Reputation for Action

The MBA features regularly in the Financial Times Top

and I found this extremely valuable.”

Since its inception in 1989 the Lancaster MBA

100 MBA Programmes Survey, in 2009 as 27th in the

has kept action and engagement with real world

world.

business and management issues at the heart of

towards

Management

Consulting.

“Over this year I worked with five organisations, from new ventures on the drawing board to a Nobel Peace

its programme. There are three practical elements

The Lancaster experience

Price winning charity organisation, providing them

based on work with organisations varying greatly in

The Lancaster MBA emphasises the process of

with advice on how to improve. I constantly had to

length and focus. All three will look great on your cv

learning as much as the content. You will spend

challenge my self”, Carsten adds.

as evidence of real hands on ability.

much of your time learning in teams that will

New Venture Challenge

develop collaborative and leadership skills essential

“Studying for the MBA was intensive, but highly

in management.

rewarding. We had lectures from early morning to

Student teams spend the first term working

Asia Pacific

career path from Human

The School is accredited by AACSB, the leading

late afternoon, with team and even client meetings

with clients sourced by LUMS’s Institute for

There will be over twenty nationalities in the

Entrepreneurship and Enterprise Development

classroom. You will learn about cultural difference

who are preparing start ups or new business

and how to capitalise on its diversity in work, social

“Even though our work load was very heavy, we

developments. Students help them draw up

and sporting contexts. We have an international

always managed somehow to find time for play; let

marketing and business plans.

reputation that also attracts faculty from across the

it be organised events, challenging class mates in

world.

sports or the spontaneous weekend trip.”

Each team is dropped into a consultancy situation

Our campus is safe, beautifully located with views of

“The Lancaster MBA is truly an international journey,

and learns the capacity to be immediately effective

mountains and sea, yet only an hour from the bright

and it feels amazing having the opportunity to learn

in supporting and leading change. Don’t worry,

lights, nightlife and world class soccer of Manchester

from experiences of all corners of the world. For me,

we prepare you with customised modules which

and Liverpool. Most students can live on campus and

this enriching experience has been life changing.”

develop your skills.

walk to the classroom in five minutes.

Summer project

The MBA Programme has a dedicated Career

completing his MBA he returned to Norway to

You work on your own or with a colleague for ten

Development and Alumni Services Manager who

work for A. T. Kearney, an international strategy

weeks on a company-defined issue. You deliver a

provides personal counselling and arranges special

consultancy company.

report to the client – and then write a dissertation on

events and workshops to help you make the right

a related academic theme.

career decisions for your future employment. We

“The Lancaster MBA was definitely the key in

keep in touch after you leave, support networking

achieving my career goal.”

in the evenings.”

Australia & New Zealand

Consultancy Challenge

Carsten’s summer project was with Apple Inc. After

Mindful Manager

opportunities and are your link with current

Right from the first day of the programme we balance

Programme participants.

academic learning and personal and professional 202 The MBA Career Guide Fall 2009

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Programme Type: Full Time MBA International MBA

Tuition Fee: EURO (€) 20400 / Total Program Cost

Specialisation by Function: General Management

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : N/A Min. TOEFL Paper Based Score : N/A Min. IELTS : 0 Min. Years of Work Experience : 2

Full Time Course Information Start Dates: November Programme Duration: 17 months

Full Time International Course Information Start Dates: January

Contact: International division LUISS Business School 12 Viale Pola Rome, 00198 Italy

Programme Duration : 15 months

Tel: +39 06 85225328, +39 06 85225323 Fax: +39 06 8413998 Email: mba@luiss.it imba@luiss.it Web: www.mba.luiss.it www.mba.luiss.it/imba

Tuition Fee : EURO (€) 26500 / Total Program Cost

Application Fee : EURO (€) 105

Latin America

LUISS Business School

• A high potential in developing managerial competencies • The capacity to actively contributing to the MBA or

North America

iMBA class experience • An excellent academic background

Student Profile Student name: Luca Benza Program title: MBA full time University attended: University of Pavia, Italy Degree obtained: Degree in Electrical Engineering Country of origin: Italy Age: 33 years “One of our most valuable assets is the wide network

After a 4 years experience as a manufacturing manager, I decided to get back to my previous The mission of the LUISS Business School MBA

School,

exchange

objective: to attend an MBA program in order to

programmes is to provide candidates with a

programmes established between LUISS and some

acquire a wide view of business processes, to increase

complete managerial education experience. They

of the leading international universities.

my network of business contacts and to improve my

within

the

framework

of

confer to the participants a general curriculum as well

Concentrations

specialisation and an international outlook.

In order to enrich their curriculum, students must

The quality of the teaching methodology was right

select concentrations ranging from specialized

from the first day. Within 2 months, the professors

Focusing on business key issues, we provide

topics to industry and country-specific knowledge.

managed to teach the basics of business so that

tools and knowledge for business, which cross

Industry specialization: Creative Industries, The

students with different degrees acquired the

organizations, industrial sectors and geographic

Energy Sector, Aerospace Industry, Tourism Industry.

necessary knowledge to attend and follow courses

areas, empowering people to have a direct impact

Country specialization: Doing Business in the BRICS,

on finance, business strategy and banking.

on companies performance.

Doing Business in the NAFTA, Doing Business in Europe.

Besides the expertise in their academic fields,

From the beginning we had a huge amount of lectures held by professors coming from major

our lecturers are active professionals inside main

The iMBA courses are completed by:

business schools (Wharton School of Pennsylvania,

Italian companies and institutions as researchers,

• EXERCISES, WORK GROUPS and LABORATORIES:

Kellogg

School

of

Management,

INSEAD,

which are carried out primarily as case studies and

Instituto de Empresa) and several courses held by

PC simulations.

experienced top managers of important firms and

• SEMINARS and CONFERENCES: given by leading

The International MBA is a postgraduate course for

management and economics professors and highly

candidates that, from all academic backgrounds

qualified professionals.

institutions (Procter&Gamble, ENEL, ENI, Autostrade, STMicroelectronics).

with sound professional experience, wish to acquire

• FIELD PROJECT: During the final months of the

It is useless to say that one can combine his

better qualifications in order to launch their careers.

programme, participants work directly on business

professional objectives with the amazing experience

and management topics in order to carry out field

of living in one of the most seductive towns in the

projects in functional or entrepreneurial areas.

world: Rome is wonderful and, in the last decade,

The programme has an international outlook both in recruiting course members and establishing

it is experiencing a significant economic growth

curriculum, and offers to its best and motivated

What are we looking for?

that often materializes into a high level of job

students the opportunity to complete the MBA

• A sound professional experience

opportunities for MBA graduates.

programme in a qualified international Business

• An international and inter-cultural sensibility

Australia & New Zealand

Curriculum

Asia Pacific

approach when doing things in a systematic way.

as the opportunity to achieve business or functional

consultants or members of boards of directors.

Europe

of visiting professors and experienced managers.”

The MBA Career Guide Fall 2009 203

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Programme Type: Full Time MBA Part Time MBA Blended Learning MBA Specialisation by Function: International Management / Business

Full Time Course Information Start Dates: September

Min. TOEFL Paper Based Score : 600 Min. IELTS : 6.5 Min. Years of Work Experience : 3

Tuition Fee : GBP (£) 21,000 / Total Programme Cost

Programme Duration: 18 months

Application Fee : GBP (£) 0

Tuition Fee: GBP (£) 34,400 / Total Programme Cost

Part Time Course Information Start Dates : September

Blended Course Information Start Dates : January July

Entry Requirements: Good GMAT score required Min. TOEFL Computer Based Score : 250

Programme Duration : 24 months

North America

Latin America

Manchester Business School The University of Manchester

Programme Duration : 36 months Tuition Fee : GBP (£) 19,100/ Total Programme Cost

Contact: Antony Tommis, MBA Marketing Officer Manchester Business School, The University of Manchester Manchester Business School West Booth Street West Manchester M15 6PB United Kingdom Tel: +44 (0) 161 306 1320 Fax: +44 (0) 161 275 6556 Email: mba@mbs.ac.uk Web: www.mbs.ac.uk/mba/

progresses. Your dealings with client companies

Student Profile

allow you to develop your skills in a real-life

Arnaud Giblat (Full-time MBA 06)

environment.

After five years as a project manager for Montupet, a leading automotive supplier to the car industry,

Manchester Global MBA

in Belfast, Frenchman Arnaud undertook an MBA to

The Manchester Global MBA is an intensive, part-

achieve a career turnaround. With experience in the

time programme designed to meet the fast changing

engineering sector and a keen interest in the stock

needs of the international business community.

market, he used the strong practical focus of the MBA

Flexible, practical, relevant and intensive it is aimed

to apply that knowledge to a career in investment

at senior global executives who want to join the elite

banking. He has achieved his pre-MBA ambitions by

of international business.

recently joining Merrill Lynch, in London as an equity analyst. The flexibility of Manchester’s 18-month MBA

The focus is on leadership, innovation and

programme gives students the chance to combine

internationalism – with a perfect balance between

different courses, projects and internships; that add

thought and practice leadership. The part-time MBA

real value when it comes to job hunting:

Europe

enables global executives to participate in one of the world’s most rigorous MBA programmes, fitting

“The internship experience made the task of job

24 months of concentrated, intense part-time study

hunting a lot easier: I had already worked for a big

into their demanding work schedules.

name in banking, I could show that they trusted

Australia & New Zealand

Asia Pacific

me and that I had added a new dimension to my

Blended Learning MBA

career. With the support of the Career Management

As well as providing an exceptional portfolio of

Services Team I had been able to establish lots of

At Manchester Business School, we offer a range

theoretical and practical business skills, our 3

industry contacts.”

of accredited and unique MBA programmes to suit

industry specific MBA programmes are tailored to

Elena Demidenko (MBA for Financial Managers and Finance Professionals Accelerated accomplished and, crucially, able to apply what you study, enabling you to continue in your professional Programme) Senior Manager - Risk Advisory have learned to the workplace to deliver tangible career while completing your MBA from anywhere in Services, KPMG your career goals and professional situation. The

fit around the demands of your working life. This

Manchester MBA marks you out as academically

flexibility offers a positive alternative to full-time

results immediately. Employers worldwide recognise

the world.

Since commencing her MBA, Elena has progressed from a financial controller in the shipping industry in

its value; having MBA (Manchester) after your name opens up exciting opportunities across the globe.

Our MBA programmes comprises three key elements:

her native Russia, to working for one of the top four

course modules which direct you through the

consultancy firms in the world, based in Sydney.

Full-time MBA

subject matter; residential workshops in Manchester

Our unique 18-month full-time programme exposes

or at one of our overseas support centres; and the

“After completing the taught part of the MBA I

you to at least two live projects and the opportunity

project stage, in which you cover a work related

moved from Moscow to Australia where I have been

to take part in an internship, international exchange

management issue of your own choosing.

offered excellent senior positions at well known

and to specialise through electives. You will be part

international companies.

At the same time the

of an international class with a broad range of skills

All three routes to your MBA encapsulate the best of

blended learning approach allowed me to continue

and industry experience and together you’ll spend

the Manchester Method approach to learning – the

with my dissertation, allowing for portability of

over 30% of the programme working on group

idea that teaching makes learning more relevant

study.”

projects, acquiring the kind of real-life experience

and exciting to you, by taking your MBA into live

that will ultimately make you more attractive to

business environments.

The programme begins

“In addition I have advanced my managerial and

employers.

with you being taught and concludes by showing

consulting skills and have a broader international

you how to direct your own learning, and put theory

strategic outlook.”

While our world-class academics will support your

into practice.

learning throughout the MBA, they take a less supervisory role in projects as the programme 204 The MBA Career Guide Fall 2009

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Programme Type: Full-Time MBA Executive MBA

Tuition Fee: EURO (€) 29000 / Total Program Cost Entry Requirements: Min. GMAT Score : 600 Min. TOEFL Computer Based Score : 260 Min. TOEFL Internet Based Score : 105 Min. IELTS : 7.0 Min. Years of Work Experience : 3

Specialisation by Function: General Management Leadership Full Time Course Information Start Dates: September

Application Fee : EURO (€) 0

Programme Duration: 12 months

Executive Course Information Start Dates: April (Weekend Track) October (Modular Track)

Contact: Ms. Nilgün Vatansever Admissions Manager Mannheim Business School L 5, 6 Mannheim 68131 Germany

Programme Duration : 19 months (Weekend) 18 months (Modular)

Tel: + 49 621 181 3721 Fax: + 49 621 181 1278 Email: info@mba-mannheim.com Web: www.mannheim-business-school.com

Tuition Fee : EURO (€) 42000 (Weekend) EURO (€) 46000 (Modular)

Europe

North America

Application Fee : EURO (€) 150

Latin America

Mannheim Business School

international corporations have been a key success

Our core competences are:

our close link with the University of Mannheim and

Leading in Research and Teaching:

access to even more insight and experiences and

its faculty for business administration, we offer a

Mannheim is one of Europe’s most renowned

benefit every party involved.

competent, strategic concept for lifelong business

institutions of academic education, repeatedly

education and lead in undergraduate, graduate,

ranked as number one for business education in

According to the rankings of the most important news

postgraduate and executive education.

Germany.

and business magazines in Germany and worldwide,

At Mannheim Business School, you receive world-

Dedicated to Excellence:

School take a leading position.

class and comprehensive business education from

Mannheim is the only German institution to be

• Best German Business School - Wirtschaftswoche

an excellent, internationally recognized faculty.

accredited by AACSB International, AMBA and

(2002-2009), CHE (2002, 2005, 2008), Focus (2004,

All professors are leaders in their respective fields

EQUIS, the three leading international accreditation

of research, with a strong network into business

organizations (so called ‘Triple Crown’).

• Top at the “Best German Business Professors”

Internationality:

• First German business school to be ranked in the

the University of Mannheim and Mannheim Business

2005, 2007) ranking of Handelsblatt (2005 & 2009)

practices. In addition, Mannheim Business School regularly

“Internationality in everything we do” characterizes

invites

the core of our philosophy.

European top ten of Handelsblatt / Karriere (2006)

Top-class partner

• No. 25 in the Global Financial Times Executive MBA

companies as well as faculty from our partner

Business Schools from all over the world, international

Ranking (2008), 6th place for ‘career progress of

institutions to teach. Lectures and conferences

faculty, participants, alumni and staff and a strongly

alumni’, 8th for ‘international course experience’

familiarize you with state-of-the-art methods.

internationally-oriented curriculum are evidence of

Entrepreneurial projects accomplished conjointly by

how we put this philosophy into practice.

experienced

executives

from

leading

valuable insights into current business issues.

and 4th for ‘international resident students’ • No. 36 in the global MBA ranking of the Mexican business magazine Expansión (2009)

program participants and partner companies give

Asia Pacific

factor of Mannheim Business School. They grant

leading institutions for business education. Through

Strong Partner Network:

Australia & New Zealand

The Mannheim Business School is one of Europe’s

Strong networks and active cooperations with The MBA Career Guide Fall 2009 205

MBACG Fall 09.indd 205

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Latin America

MIP Politecnico di Milano Programme Type: International Full Time MBA Part Time MBA Executive MBA Evening MBA Joint Degree Programmes Offered: Dual Degree program with Chapman Business School, Florida The Full Time MBA provides exchanges with other Business Schools Specialisation by Function: Brand Management Engineering Business Finance

Human Resource Management Innovation / Knowledge Management International Management / Business IT Management Marketing Organisational Behavior Personal Development Supply Chain Management Design Management and Luxury Management Specialisation by Industry: Automotive Banking / Financial Services Consulting IT / Telecommunications

Media & Entertainment Oil & Gas Pharmaceutical / Bio-Medical Retail / Consumer Goods Design Management and Luxury Management Full Time Course Information Start Dates: May Programme Duration: 14 months Tuition Fee: EURO (€) 26000 / Total Program Cost

Entry Requirements: Min. GMAT Score : 540 Min. TOEFL Computer Based Score : 250 Min. TOEFL Paper Based Score : 600 Min. IELTS : 6.5 Min. Years of Work Experience : 1 Application Fee : USD ($) 0 Executive Course Information Start Dates: June September

Tuition Fee : EURO (€) 19600 / Total Program Cost Contact: Anna Bacigalupi MBA Marketing & Admission Officer MIP Politecnico di Milano Via Lambruschini 4 – Building 26/A Milan 20156 Italy Tel: +39 (02) 23999194 Fax: +39 (02) 23992844 Email: imba@mip.polimi.it Web: www.mip.polimi.it/imba

Programme Duration : 24 months

North America

3 key selling points: 1. MBA teaching method: Innovation and Analytical approach due to the constant relationship with Politecnico di Milano University and its faculty, one of the top Technical University in Europe. 2. Project Work: compulsory part of the program, each student will be given a real 3 months fulltime project to be carried out inside a company in Italy or abroad 3. Specialization in Luxury and Design Management

Europe

thanks to the long tradition and experience of

MIP: Where Technology and management meet

relationship with its 17 shareholding companies like

Politecnico di Milano faculty and the city where

One of the great strengths of the MIP MBA program

Accenture, Fiat, Pirelli etc.

the MBA is held, Milan, the capital of Design.

is that we are part of Politecnico di Milano — the premier institute of science, technology, and

Mip’s Project work

management in Italy, EQUIS accredited.

Each student will work alone in a project chosen from

The engineering tradition and technology leadership

be provided by Career Services, supervised by a tutor

Anthony Lambkin, Australia – MBA Graduated in 2009

of Politecnico di Milano allows MIP to have access to

inside the school and result in a job offer half of the

With a background in marketing, I chose a Master in

the up-and-coming technology and to play a key role

times. Each company pays 7000 euros for each PW,

Business Administration to gain a holistic approach

in innovation. This allows MIP to be at the forefront

a clear investment on the student. In the year 2009,

to business management. MIP’s core strengths in

of company growth and technological investment.

46 projects were offered to our 48 students by top

technology, innovation and design are what originally

companies.

attracted me to the school, acting as a gateway to

Asia Pacific

several options tailored to his/her needs. The PW will

Australia & New Zealand

Student Profile

Top-ranked 14 month MBA in English

the top professors and industry contacts in these

The MBA program is a full-time program, taught in

2009 news

fields. Moreover, MIP is dedicated to enhancing and

English by Politecnico di Milano professors as well as

In January 2009 an agreement of cooperation was

fostering students’ ‘soft skills’ including personal

a vast faculty from MIT, Oxford, Harvard etc. The MBA

signed off between Audencia Nantes School of

development,

program provides the special mix of technical and

Management, HHL – Leipzig Graduate School of

and presentation skills which are key to being

management skills required to develop and lead world-

Management and MIP Politecnico di Milano. The

competitive in today’s job market. Another benefit of

class companies in operations and manufacturing.

partnership intends to provide a pan-European

the program is being in a truly diverse environment

It is also a leader in the topics of design and luxury

network for future managers with the Career

with peers from all over the world. Working with

management. Starting from 2008 MIP also offer a

Services teams of the three business schools working

and managing cross-disciplinary and multinational

Dual Degree (MBA and MIB) with Chapman Business

closely to offer joint career placement advice and

teams is an increasingly important skill to have and

School, Miami, Florida, a further occasion to live two

opportunities as well as a joint platform of contacts

is inherently learnt through MIP’s international MBA

very different international experiences.

and job opportunities.

program. Throughout MIP’s MBA curriculum, I have

Affirming MIP’s success, our alumni hold senior

Financial Aid

skill set that has not only enabled me to successfully

positions in leading companies and

include

On average 30% of our MBA class is awarded financial

reposition my career, but has also proved to be an

famous figures like Nobel Prize winner Giulio Natta

aid, which shows our commitment in enabling every

invaluable life and learning experience.

for engineering, Renzo Piano for architecture and

accepted student to attend MIP’s MBA program.

After 3 months Project Work in Case Western

Gianfranco Ferrè for design.

Financial

University, Cleveland, OHIO,

interpersonal

communication

gained both a theory based and real-world practical

Shareholding Companies

Aid

includes

companies

sponsored

I have been now

scholarships, MIP’s contribution and honour loans

involved in a project as Task Manager in the World

for Italian and international students.

Bank in Washington DC.

Throughout its history, MIP has enjoyed a privileged 206 The MBA Career Guide Fall 2009

MBACG Fall 09.indd 206

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Programme type: Full-time MBA Start dates: September 2010 Programme Duration: 16 month

Candidate profile: High academic aptitude with proficiency in English, an ability to be analytical and creative, strong business acumen, good communication skills, cultural awareness

Cost of attendance: 60 000EUR

Entry requirements: • Completed online application form including two short video clips • Bachelor degree or equivalent • Minimum two years of work experience • TOEFL score details • Contact details of three references • Interviews

Contact: Natalya Okhotnikova MBA Marketing Manager 10 bld.3, 1st Kadashevsky pereulok Moscow 115035, Russia

Natalya_Okhotnikova@skolkovo.ru mba@skolkovo.ru Web: www.skolkovo.ru

Tel.: +7 495 580 30 03 Dir.: +7 495 223 44 58 Fax.:+7 495 987 32 47

Latin America

Moscow School of Management SKOLKOVO

MBA Programme: The SKOLKOVO 16-month full-time and action-based –learning MBA programme, beginning in September entrepreneurially-minded people, especially for those interested in leading and managing change in fast-moving economies. Full-time MBA SKOLKOVO Programme`s vision is based on a unique mix of three dimensions: entrepreneurial leadership, fast-growing economies

North America

2010, is designed specifically for young, aspiring,

and experiential learning. Instead of the approach at traditional schools where the emphasis is on theory over practice, at SKOLKOVO the majority of time is devoted to “action learning” – learning by doing. Within the framework of the MBA programme, the

School of Management

different spheres, including international. The initial SKOLKOVO

school which focuses on developing a new type of

four months of required theoretical knowledge

is a joint project between major International

manager — leaders who will be in demand in the

is followed by

and Russian business leaders who have pooled

21st century, the age of human resources and the

countries: the projects give student the chance to

their efforts to establish a new and innovative

age of rapidly changing global markets. SKOLKOVO

do real-life consulting work in the public sector

management school geared toward business in

mission is to help successful people become more

in Russia, within the corporate environment in

the

rapidly changing markets. Being realized in

successful and to develop people able to develop

India, China and the United States. Each student is

partnership with the government of the Russian

themselves and the world. Operating in Russia and

guided through this period of their MBA experience

Federation, SKOLKOVO is a part of the national

in close cooperation with institutions in China,

by Project Managers, Industry experts and Group

priority projects programme, funded exclusively by

India, and the Unites States, SKOLKOVO acts as a

coaches closely working with SKOLKOVO. At the

private business. Dmitry Medvedev, the President

laboratory to test and develop the theory and

final stage of the MBA students have the chance to

of the Russian Federation is the Chairman of the

methods of practice that will be in great demand

run their own start-up project with an opportunity to

SKOLKOVO International Advisory Board. SKOLKOVO

as these vibrant economies continue to lead global

receive funding from the SKOLKOVO US$100 million

is a dynamically developing international business

growth in the future

Venture Fund.

a

series of projects in different

Faculty Profile SKOLKOVO is distinguished by its vision based on a

International Partnerships

unique mix of three dimensions:

The Moscow School of Management SKOLKOVO

Asia Pacific

Moscow

Europe

school students will have to do five real projects in

ABOUT SKOLKOVO:

Pierre Casse, professor of Leadership

and provide its students with a broad range of

“Today it`s necessary to change

• Focus on countries with fast-moving economies

global opportunities. Therefore, establishing solid

a lot: to rethink values, to create

• Innovative approach to education / experiential

international partnerships is one of the key priorities

a new type of leadership based

for the school. Today SKOLKOVO partners: MIT Sloan

on high efficiency and social

learning

School of Management (USA), New Economic School

responsibility. Today, some are

SKOLKOVO Mission is helping successful people

(Russia), FDC (Brazil), ISB (India) and Fudan University

either too afraid or, vise versa, too self-confident.

become more successful and educating people able

(China).

We need leaders who are able to mobilize both. It`s

to develop themselves and the world

important to move forward to new opportunities, use creativity and inner wisdom in order to understand what tomorrow will be like and what is our role in it. It`s necessary to act fast. Speed of thinking and actions is a key factor of success in today’s world.”

Australia & New Zealand

aims to create a unique intellectual atmosphere • Emphasis on leadership and entrepreneurship

The MBA Career Guide Fall 2009 207

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Latin America

Nottingham University Business School Programme Type: Full Time MBA Part Time MBA Executive MBA

Full Time Course Information Start Dates: September

Specialisation by Function: Entrepreneurship Finance International Management / Business Corporate Social Responsibility Healthcare

Tuition Fee: £18,000 (UK/EU) £19,000 (Overseas) with overseas study in semester 2 £19,000 (UK/EU) £19,500 (Overseas)

North America

Specialisation by Industry: Banking / Financial Services Non - Profit Organisation Public Sector Venture Capital & Private Equity

Programme Duration: 12 months

Programme Duration: 24-48 months

Entry Requirements: Min. GMAT Score: 600 Min. TOEFL Computer Based Score: 250 Min. TOEFL Paper Based Score: 600 Min. IELTS: 7 Min. Years of Work Experience: 3

Tuition Fee: £18,000 (UK/EU) £19,000 (Overseas) Executive Course Information Start Dates: Rolling

Part Time Course Information Start Dates: January April July September Rolling

Programme Duration: 36 months Tuition Fee: £18,000 (UK/EU) £19,000 (Overseas)

Contact: Wendy Willan, MBA Admissions Administrator Nottingham University Business School Jubilee Campus Wollaton Road Nottingham NG8 1BB United Kingdom Tel: +44 (0)115 951 5500 Fax: +44 (0) 115 951 5503 Email: mba@nottingham.ac.uk Web: www.nottingham.ac.uk/ business/mba

academic theory is combined with good business

Postgraduate accommodation is available on

practice. All our MBA programmes are accredited by

or near to the Jubilee Campus, which includes a

AMBA.

postgraduate residence hall. All rooms have en-suite facilities, telephone and data links. Leisure facilities

The core subjects of the MBA develop skills in

are excellent both on and off campus. Jubilee

essential areas of management through lectures,

Campus has a bank, bookshop, cafés, restaurants,

seminars, case studies, group discussions, and project

sports centre, and shop. Extensive new facilities

work. Through your choice of elective subjects, you

opened in 2008, including a Centre for Integrative

can tailor your studies to match your interests, which

Learning that will support participants on our MBA

can be developed in your management project.

in Entrepreneurship in fully realising their potential.

Nottingham University Business School is among

The School offers the following MBA Student Profile Anthony Widdop among UK business schools in the 2009 Independent programmes:

Europe

the top ten business schools in the UK. We rank 6th Good University Guide and we are among the few

MBA (full-time & part-time)

General MBA

UK business schools in the 2009 Financial Times

MBA Finance (full-time & part-time)

I worked as an IT Manager before

global top 100 MBA, where our alumni rate us 2nd

MBA Entrepreneurship (full-time & part-time)

deciding to study for my MBA

best in the world for Corporate Social Responsibility.

MBA with overseas study (full-time)

at Nottingham, which I chose to

Nottingham ranks 1st in the UK and 4th in Europe

Executive MBA (part-time)

enhance my understanding of

in the Aspen Institute’s prestigious ‘Beyond Grey

Executive MBA Healthcare (part-time)

Pinstripes’ 2007 ranking of the world’s most

MBA in Singapore (part-time)

My intention was for a strategic change in career

innovative MBA programmes, where our faculty

MBA Finance in Singapore (part-time)

direction with the MBA as the vehicle to create new

rank 2nd in the world for research. Located on the

MBA Corporate Social Responsibility (full-time &

opportunities.

University’s attractive, modern Jubilee Campus,

part-time).

business at management level.

The course is an intensive and richly rewarding

Australia & New Zealand

Asia Pacific

close to the city centre, we offer among the best MBA facilities in the UK. The Business School has over 500

Our internship programme will help you to plan

programme. Working in small teams to regular

postgraduate students on its MBA, Masters, and PhD

practical individual or group projects in the UK or

deadlines enhanced my communication and team

programmes, while the University is one of the most

overseas with regional or international companies

working skills. It also taught me how to manage

popular in the UK, with an international reputation

and organisations such as Experian, Alliance Boots,

regular and sometimes conflicting obligations.

for teaching and research. In 2008, The University of

Rolls-Royce, and Business in the Community.

Teams were international with members coming from diverse backgrounds and work experience.

Nottingham was named Entrepreneurial University of the Year, awarded by the prestigious Times

Our MBA offers more than 25 electives, including

Higher Award. The Business School has strong links

entrepreneurship,

consulting,

The MBA has given me the confidence to apply

with industry and our staff are actively involved in

international finance, ethical finance, corporate

a wide range of business skills in future roles.

diverse research projects, especially in finance and

governance and accountability, venture capital,

Particularly useful were in class group exercises

financial services, corporate governance, corporate

and organisational theory and culture. We also offer

requiring quick thinking about real life business

social responsibility, operations management, risk

popular language courses in French, Spanish, Arabic

case studies. Afterwards we were often required to

management, entrepreneurship, and travel and

or Mandarin, and full-time course members take

present our findings to the class, an experience that

tourism.

courses in interpersonal management skills.

greatly enhanced my presentation skills.

We offer a range of scholarships and bursaries for

My year at Nottingham culminated in a management

applicants from overseas, the UK and EU.

project investigating the potential to implement

The

Business

School

provides

high

quality

management education and our reputation for

management

an alternative pricing model in UK law firms. The

world leading research was endorsed by our success in the 2008 Research Assessment Exercise (RAE),

We have a full-time MBA careers adviser providing

project allowed me to demonstrate many of the

which placed us 6th in the UK. This high standard

career counselling, psychometric tests, seminars,

skills that I had learned on the course. The MBA was

of research activity informs the content and design

and information about employers and vacancies.

a challenging, but immensely enjoyable experience.

of all our MBA programmes, ensuring that relevant

I would thoroughly recommend it.

208 The MBA Career Guide Fall 2009

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Programme Type: Full Time MBA Global MBA Executive MBA

Non - Profit Organisation Public Sector Retail / Consumer Goods Full Time Course Information Start Dates: September

Specialisation by Function: Entrepreneurship General Management International Management / Business Marketing Hospitality and Tourism

Programme Duration: 12 months

Specialisation by Industry: Hospitality IT / Telecommunications

Min. TOEFL Computer Based Score : 220 Min. TOEFL Paper Based Score : 550 Min. IELTS : 6.5 Min. Years of Work Experience : 3 Application Fee : GBP (£) 0

Tuition Fee: GBP (£) 18390 / Total Program Cost

Global Course Information Start Dates : January July

Entry Requirements: Min. GMAT Score : 500

Programme Duration : 30 months

Tuition Fee : GBP (£) 11500 / Per Course GBP (£) 7,900 for ACCA members

Contact: MBA Enquiries, Oxford Brookes University Business School Wheatley Campus Oxford, OX33 1HX United Kingdom

Executive Course Information Start Dates: September Programme Duration : 24 months

Tel: +44 1865 485858 Fax: +44 1865 485830 Email: pgenquiries-bus@brookes. ac.uk Web: www.mbaoxford.com

Tuition Fee : GBP (£) 16440 / Per Year

Latin America

Oxford Brookes University Business School

MScs including Business Management, International Management, Business, Innovation and Enterprise, Marketing,

HR

or

International

Management

are available for students who do not have the necessary work experience to enter the MBA programmes.

The MA Management is for part-

North America

proficiency to IELTS 6 - 6.5, and two references.

time students with diploma qualifications. MScs in International Hospitality and Tourism Management are also available. A pre-MBA programme is offered to students requiring additional English language support. www.business.brookes.ac.uk

Whether you’re in Oxford or on our virtual campus,

The Business School Alumni Association offers careers

Our MBA develops your career by building on your

we offer an intensive, collaborative experience which

advice, events and networking appointments for

professional and managerial experience, drawing

changes the way you think and lead. We support you

personal development. www.brookes.ac.uk/alumni

from the different cultural experiences of the MBA

on a challenging journey which accelerates your self-

group. Students come from more than 60 countries

development and career progression.

Europe

Support after graduation The Oxford Brookes MBA experience

Student Profile “You wouldn’t believe the difference that an MBA

In the programme we emphasise the development

A special feature of the Brookes MBA is the option

can make to your career, and that the difference can

of leadership, not just as a requirement for chief

to carry out a consultancy project instead of a

be instantaneous. As a self-employed management

executives, but as a capability which should be

dissertation: you apply your learning and skills to a

consultant, my enhanced CV now means I can access

distributed through all levels of an organisation.

real business issue facing an organisation. There is

larger clients and more challenging projects - it’s

also the opportunity to develop an area of interest

also meant an instant pay rise of more than 30%. I

We also believe in a ‘collaborative’ rather than

through the study of electives and the development

am currently working as a business transformation

‘competitive’ approach

of a dissertation or consultancy project.

consultant within a FTSE-100 company, a role I

to

learning.

Successful

wouldn’t even have been considered for before I

businesses operate through the co-operation and collaboration of others, both within the business and

Coaching

as customers and suppliers. We are therefore more

Your MBA also takes advantage of the Business

interested in you and your development than in where

School’s particular strengths in coaching and

Varvara Vasciuk - Full-time MBA graduate

you are ranked amongst your peers. This underlies our

mentoring, to give you one-to-one support for your

“The programme offered a deep insight into all

approach to teaching, learning and assessment.

development. The School’s International Centre for

basic business disciplines and linked all of them to

Coaching and Leadership Development is one of

business and corporate strategy. The programme

The MBA programmes at Oxford Brookes University

the foremost centres of its kind, and its expertise is

has taught me the skills necessary to analyse

offer you three ways to achieve your MBA – Executive,

available to all students on the Executive and Full-

enterprise structure, understand business processes,

Full-time and Global (distance learning) - your degree

time programmes.

manage people, research the business environment

gained my MBA.”

and govern the strategy. It was delivered by highly

certificate will state Oxford Brookes MBA.

Entry requirements

professional, experienced and helpful tutors. I now

All programmes are supported by bespoke and

Applicants require a minimum of 3 years appropriate

have a successful management consulting career in

exclusive learning materials developed specifically

management or professional experience plus a good

London with Capgemini.

for your MBA. A key feature is the flexibility to switch

first degree or equivalent. Mature candidates without

to another mode of study if your circumstances

the academic qualifications may be admitted on the

I chose the MBA programme at Oxford Brookes

change or new opportunities arise.

basis of substantial management experience. GMAT

University to get real measurable results. And I have

may be required, evidence of English language

achieved them.”

Australia & New Zealand

An opportunity to develop an area of interest

Asia Pacific

Ashif Manjothi - Global MBA graduate

around the world.

The MBA Career Guide Fall 2009 209

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Reims Management School (RMS)

Specialisation by Function: Accountancy Accountancy & Financial Brand Management Entrepreneurship Finance General Management International Management / Business IT Management Leadership Logistics Marketing Operations Management

Project Management Purchasing Management Risk Management Strategic Management Supply Chain Management Wine and Luxury Hotel Management Specialisation by Industry: Automotive Banking / Financial Services Consulting Environment FMCG - Fast Moving Consumer Goods Hospitality IT / Telecommunications Media & Entertainment

Non - Profit Organisation Print Media Publishing Real Estate Retail / Consumer Goods Venture Capital & Private Equity

Part Time Course Information Start Dates : May

Full Time Course Information Start Dates: September

Tuition Fee : EURO (€) 24000 / Total Program Cost

Programme Duration: 10 months

Entry Requirements: Min. GMAT Score : 550 Min. TOEFL Computer Based Score: 220 Min. TOEFL Paper Based Score : 550 Min. IELTS : 6.5 Min. Years of Work Experience : 3

Tuition Fee: EURO (€) 21000 / Total Program Cost

Application Fee : EURO (€) 110

Programme Duration : 18 months

partner universities: La Escuela de Negocios Madrid

North America

Latin America

Programme Type: Full Time MBA Part Time MBA

Contact: Pascale BAUDEMONT / Hsin-Mei TURMEL / Aurélie FOURNIER MBA Promotion and Admissions Reims Management School (RMS) 59 Rue Pierre Taittinger REIMS 51100 France Tel: +33 (03) 26 77 47 58 Fax: +33 (03) 26 77 47 26 Email: hsin-mei.turmel@reims-ms.fr Web: www.mba-rms.com

Student Profile

University, University of Tennessee (USA), Nottingham

Michael SCHWARZ, SwissGerman, International MBA 2008/2009

University (UK), and EGADE Tec de Monterrey (Mexico),

I looked for a one-year track

Stellenbosch University (South Africa).

taught in English preferably in

& Seville (Spain), Tsinghua University Beijing (China), Florida International University, Fairleigh Dickinson

France because of its excellence A career guidance department has been specially

in hospitality management. I also searched for an

designed to assist MBA participants in job hunting:

accredited and respected programme. Moreover,

personal coaching, meetings with companies

RMS offered a semester in many partner universities

Reims Management School - 26th best and head hunters, conferences and corporate all over the globe. European Business School (Financial Times presentations, CV on line and access to RMS alumni From October to March, I have acquired the fundamental 2008). management concepts (Strategy, Finance, Marketing, network.

Asia Pacific

Europe

Founded in 1928, Reims Management School is one

Supply Chain…) with a successful balance between

The Part-Time Executive MBA - ranked among conceptual and practical approaches. the famous Champagne region. The School’s twin the top 12 part-time MBA in Europe (Business I’ve spent the second part at Tsinghua University in campuses are home to 3900 students of whom 900 Week 2008). Beijing, China, a chance to experience a brand new of the top 10 French “Grandes Ecoles”, located in

are from overseas. The School, known for the quality

The Executive MBA is a part-time curriculum running

vision of how companies can function.

of its graduates, its 137 international partnerships and

on an 18-month basis and geared towards Executives

This very extensive International MBA gave me the

its record for innovation in educational programmes,

and Managers. The 15 intensive 3-day seminars,

abilities to start my own business and to develop

is confirmed as a major player in management

taught in English, train participants to become Top

problem-solving abilities for non-routine problems.

education in Europe. EQUIS and AMBA accredited,

Managers in an international and global environment

Reims Management School is now involved in the

in order to formulate and implement successful

process of the AACSB accreditation.

business strategies. The seminars are complemented

Lionel BOUJOT, French, Executive MBA 2007/2008

Thanks to the “TGV Est”, Reims is only at a 45-minute

by 3 study tours in South Africa, North America and

The Reims Management School

train ride from Paris.

Asia in association with partner universities abroad

Executive MBA has many assets:

and completed by a Business Plan. For the 2008-

an accredited part time track

The Full-Time International MBA - 30th best 2009 class, the candidates’ average professional taught in English, a strong European full-time MBA (Financial Times experience is around 13 years and the average age degree of internationalization, a focus on leadership 2008). development. is 38 years old.

Australia & New Zealand

The International MBA, one of the best MBAs in France,

This 18-month extensive MBA has definitely changed

created in 1972, is designed to be a fast track to global

Executive MBA participants are provided with career

my understanding of a company. My capacity to take

business management. In the 2008/2009 class, 80%

development services and personal development

decisions in a complex environment and under time

of the students are from foreign countries (36% from

courses. They are given a chance to develop a clear

constraints has been dramatically reinforced.

Europe) and the average age is 30 years old.

vision of their professional future and to use their

Taught by some of the finest international professors

newly acquired skills and knowledge as a powerful

and interactions between experienced participants

springboard in their career.

have strongly contributed to this transformation

The 1st semester core courses (October-March) stress fundamental management concepts (finance,

process. I particularly enjoyed the Business Plan

marketing, HR management, strategy, supply chain,

Our Executive MBA will be delivered in Paris, at Paris

experience.

international business law & ethics, sustainable

Executive Campus, a place dedicated to the executive

Our 3 study tours broadened the international

development...)

education co-founded by Reims Management School

perspectives of everyone: courses taught by world-

and Rouen Business School Groups. It provides

class academics, meetings with business leaders and

The 2nd semester (April-June) offers a large range of

participants with a co-degree delivered by both

local MBAs.

electives in France or abroad based on a system of free-

respected institutions and a strong alumni network

As a great “return on investment”, I’ve been recently

choice curriculum, a Business Plan and an optional

of 30000 managers.

promoted Director of Strategic Proposal for Europe, a

internship. Part of the courses is available with our

job based in Switzerland.

210 The MBA Career Guide Fall 2009

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Rotterdam School of Management, Erasmus University Full Time Course Information Start Dates: January

Executive MBA (part-time) Course Information Start Dates : January

Specialisation by Industry: Banking / Financial Services Consulting Environment Non - Profit Organisation Pharmaceutical / Bio-Medical Real Estate Retail / Consumer Goods Venture Capital & Private Equity

Tuition Fee: EURO (€) 36000 / Total Program Cost

Programme Duration: 12 months

Entry Requirements: Min. GMAT Score : 640 Min. TOEFL Computer Based Score : N/A Min. TOEFL Paper Based Score : N/A Min. IELTS : 6.5 Min. Years of Work Experience : 3 Application Fee : EURO (€) 50

Programme Duration : 24 months Tuition Fee : EURO (€) 42000 / Total Program Cost OneMBA Course Information Start Dates: September Programme Duration : 21 months

Tuition Fee : EURO (€) 52000 / Total Program Cost Contact: Ken Robertson, Director Marketing & Admissions Rotterdam School of Management, Erasmus University J Building Burgemeester Oudlaan 50 Rotterdam, Netherlands 3062 PA Netherlands Tel: +31 (10)-408 2222 Fax: +31 (10)-452 95 09 Email: mba.info@rsm.nl Web: www.rsm.nl/mba

sharpest business thinkers.

demonstrated their drive and ability to succeed. As

They

international managers they thrive on the diversity

also

challenge

us:

questioning facts as they

that is a major attribute of the programme.

are presented and criticallyassessing assumptions. And

This diversity is produces a strong group culture

most of all, they challenge

that sees each member of the course supporting

themselves: confronting their

the educational and other needs of their colleagues.

limitations,

past

Further strength is imparted by an embedded

boundaries, and identifying

programme of Professional Leadership Development

the drivers behind their own

that takes the individual student beyond the

behaviour.

educational experience, forming both business and

pushing

Latin America

Specialisation by Function: Brand Management Change Management Corporate Governance Entrepreneurship Finance General Management Innovation / Knowledge Management International Management / Business Leadership Marketing Operations Management

Organisational Behavior Personal Development Risk Management Strategic Management Supply Chain Management Wealth Management

North America

Programme Type: Full-time MBA Executive MBA (part-time) Global Executive OneMBA

community leaders. leadership

something

The Executive MBA programmes - Executive MBA

that you apply in practice.

is

(EMBA); and Global Executive OneMBA - are for

Consistently ranked among the top business

We offer exceptional opportunities for you to

the more experienced manager looking for further

schools in the world, the Rotterdam School of

apply your leadership skills both in and outside the

career flexibility and movement. The students in

Management, Erasmus University is renowned for

classroom, from interaction with industry leaders

these programmes are generally older (30’s) and

its international character and innovative approach.

and real consultancy projects (‘living management’),

have considerable experience (up 12 years or more).

The RSM portfolio of MBA programmes include the

to international travel and participation in clubs

International Full-time MBA Programme, part-time

and student-managed conferences. Students also

These programmes also develop a very strong group

weekend Executive MBA (EMBA) Programme and the

demonstrate social commitment through activities

culture, providing firm foundations for international

Global Executive OneMBA Programme.

such as a charity for Indonesian street children and

and professions networks that endure.

Europe

With our MBA programme,

a contribution to sustainability and environmental

faculty, and with a dual emphasis on intellectual

One of the reasons our programme stands out

challenge

is because of its very open, cooperative school

combined

with

extensive

practical

application.

Student Profiles

environment. Diversity is not only valued, it is

“My RSM experience is a

sought, encouraged and developed. You will find the

journey of self discovery in

You can discover and develop your unique

space to explore new ways of thinking, inspiration

a truly diverse community

competencies for leadership in an international

to challenge ideas and break the status quo, and

where world-wide experience

programme that challenges you on every level: how

ultimately, the scope to develop your own potential

is shared in one classroom.”

you view the world, analyse issues, devise solutions,

as a future leader.

Nazli Orsan, MBA student MBA’10 - Turkish

and implement your ideas. Students at Rotterdam School of Management, RSM’s International Full-time MBA offers global,

Erasmus University epitomise diversity in its broadest

industry, ecucational and gender diversity as a

and most positive sense. Those studying the Full-

“The encounters and

group of experienced participants in a collaborative

time MBA come from forty or more countries,

interactions with people at

learning environment designed to transform early

bringing with them not just cultural diversity, but

RSM gave me a chance to

business experience and ambition into management

also diversity in terms of industry, educational

broaden my perspective of

knowledge, skills and leadership abilities.

background, experience and gender.

the world and to discover

At RSM, challenge is a two-way concept. Our MBAs

With an average age of 28, and a minimum of three

career and life in general.”

are challenged intellectually by the highest-level

years of work experience (the average is generally

academic content and under the direction of the

four to six years), these are people who have

Akane Odagaki, Alumnus MBA’09 – Japanese

what I really valued in my

Asia Pacific

outcomes for the University and for themselves.

quality, taught by an international cohort of top

Australia & New Zealand

Our MBA programme offers premium academic

The MBA Career Guide Fall 2009 211

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Sabancı University Programme Duration: 21 months

Joint Degree Programmes Offered: MSc in Management + MSc in Engineering Specialisation by Function: Finance General Management Marketing Full Time Course Information Start Dates: September

Tuition Fee: USD ($) 17600 / Per Year Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 220 Min. TOEFL Paper Based Score : 560 Min. IELTS : 7 Min. Years of Work Experience : 0

Executive Course Information Start Dates: August Programme Duration : 16 months Tuition Fee : USD ($) 24500 / Total Program Cost

Contact: Ulku Koknel, Programs Manager Sabanci University Faculty of Management Orhanli Tuzla Istanbul, 34956 Turkey Tel: +90 (216) 483 9657 Fax: +90 (216) 483 9699 Email: ulku@sabanciuniv.edu Web: www.sabanciuniv.edu/mba

Application Fee : USD ($) 0

North America

Latin America

Programme Type: Full Time MBA Executive MBA

The Sabancı MBA program, a two-year full-time

Student Profile

program, is an excellent example of how Sabancı

Çagla Karaaslan, Class of 2008, MBA

University combines world-class education with

B.Sc., Mechanical Engineering, Class of 2006, METU

practical relevance. The design of the program has

CAP: Coca Cola Beverage, Turkey

taken the best aspects of management education

JOB: MT Marketing, Pfizer İstanbul

from around the world and built in aspects that fit the unique Turkish and regional business context.

According to Çagla, she joined Sabanci MBA to

Europe

graduate as “a potential leader of her generation”. She A key feature of the curriculum is the Company

is a person who has always “enjoyed technological

Action Projects (CAP). In CAP students form teams

and business challenges”. Having graduated from

and work on valuable projects for leading companies,

one of the top engineering programs in Turkey, she

spending two days per week of their second year at

chose Sabanci MBA since she “wanted to improve

those companies. This provides a great opportunity

her international career prospects through close

not only to apply what they have learned, but also

links of Sabanci MBA with the leading corporations

for students to gain managerial experience and skills

in Istanbul, especially through Company Action

that are impossible to acquire in a classroom setting.

Projects.”

Besides CAP, guest speakers, industry panels, field projects and career services, all help students learn

Her comments on the learning environment at

about the Turkish and global business environment,

Sabanci MBA describe what the MBA program

which is invaluable as they make choices about their

management team strives for: “As a Sabancı MBA

future careers.

student, I can ensure you that you will be working

Asia Pacific

in a collaborative environment, where classmates Sabancı University, a private non-profit university

Sabancı MBA, with its English language instruction,

and professors will challenge your ideas, willing

founded in 1996, has already gained a reputation as

close ties with companies that are leaders in the

to give of themselves, even beyond what’s called

one of the premier universities in Turkey providing

region, innovative curriculum that provides both

for. The Sabancı MBA is striving to make a greater,

a world class education.

The most important

academic rigor and immersion into the business

positive impact on business world with increasing its

factor leading to that reputation is the quality of

world is the right investment for young, motivated

excellence and also doing this with rapidly growing

its faculty. Another distinguishing characteristic

individuals who want to be well-prepared for the

momentum.”

of Sabancı University is its close ties with industry

challenges of climbing up the managerial ladders of

and the business world. The university’s state-of-

world-class companies.

Cagla’s team worked on a Company Action Project

the-art campus, endowed with the most recent

at Coca Cola Beverage, Turkey, which was titled

technological infrastructure, is on the Asian side of

“Designing a Model to Evaluate In-Store Activities and

Istanbul, right in the center of Turkey’s industrial and

Merchandizing Effectiveness”. Before graduation, she

economic heartland.

accepted the offer she received from Pfizer, Turkey

Australia & New Zealand

for a Management Trainee in Marketing position.

212 The MBA Career Guide Fall 2009

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Full Time Course Information Start Dates: October

Specialisation by Function: Economics Entrepreneurship Finance General Management International Management / Business Leadership Marketing

Programme Duration: 12 months Tuition Fee: EURO (€) 39,500 / Total Program Cost Entry Requirements: Min. GMAT Score: N/A Min. TOEFL Computer Based

Programme Duration: 20 months

Score: 250 Min. TOEFL Paper Based Score: 600 Min. IELTS: 7 Min. Years of Work Experience: 2 (for Full-time MBA); 5-6 (for Global Exectuive MBA)

Tuition Fee: EURO (€) 46,000 / Total Program Cost

Application Fee: EURO (€) 100

Contact: Daniela Miglioli, Marketing SDA Bocconi School of Management Via Bocconi 8 20136 Milano Italy Tel: +390258363273 Fax: +390258363293 email: daniela.miglioli@sdabocconi.it Web: www.sdabocconi.it/mba

Executive Course Information Start Dates: March 2010

SDA Bocconi is globally focused.

that is swiftly evolving. The full-time MBA lasts 1 year

Our worldwide network’s pillar of

and is run in two classes, in English. It is an intense

strength lies in the quality of the

programme that maximizes learning chances in a

partnership SDA Bocconi holds

limited scope of time. It represents an opportunity

with

institutions

to be in the midst of an advantageous network of

around Italy and across the world.

people with diverse interests and experiences with

SDA Bocconi alumni operating

no single industry dominating. The SDA Bocconi

in major cities around the world

MBA community is a one-of-a-kind cultural, personal

global

and professional mix. To know more about the MBA

key

represent

business

a

concrete

network. The School offers a full-

> www.sdabocconi.it/ftmba

North America

Programme Type: Full Time MBA Global Executive MBA

Latin America

SDA Bocconi School of Management

as a modular Executive MBA and

The Global Executive MBA: international flyers rise higher

an Evening Executive MBA in

The SDA Bocconi Global Executive MBA equips

Italian. In addition, the School

experienced managers with multi-dimensional skills

offers a range of executive master

and strategic thinking relevant on an immediate

programmes and master courses

basis. It offers a focused curriculum that runs at

to choose from (for more info >

an appropriate rate in a way to earn a degree

www.sdabocconi.it/sdamaster), as

within 20 months along with complementing

well as many short-term executive

employment, tailored in a way to fit tight schedules

courses each year.

through modular weeks and distance learning. The

Executive MBA in English as well

Europe

time MBA in English, a Global

SDA Bocconi GEMBA aims at attaining a broader

Full-time MBA: for people who just won’t stop.

understanding of business matters with a focus on

The SDA Bocconi MBA programme,

towards C-suite. The Global EMBA is entirely held in

SDA Bocconi School of Management, founded in

now in its 35th edition, is ranked among the

English and takes place on the SDA Bocconi downtown

1971, prides itself on being a pioneer in business

top international MBAs. The MBA programme

Milano campus along with overseas campuses across

education in Italy, with its strategic location,

opens doors to a network of diverse international

Asia and the Americas (class modules in the USA - at

unparalleled faculty, global outlook, diversity and

relationships with talented people from about 30

UCLA Anderson School of Management, LA - and in

powerful networks. The hallmark of SDA Bocconi

different countries: over a hundred professionals

China - Fudan University, Shanghai).

is innovation and far-reaching modelling that

with widely varied backgrounds. It is a 12-month full-

manifests itself through a wide array of executive

time immersion in a multicultural and international

The programme targets professionals with an

programmes and master courses.

context where managerial skills, as well as individual

international mindset. The SDA Bocconi GEMBA is

qualities, are developed to their full extent. A pit

a launching pad for the career phases to come. It is

The school is positioned at the heart of Milano, a

stop to come in at full speed and find fully-equipped

an integrated preparation for senior management

major capital of industry, finance, arts, media and,

team that sends participants out to new career

roles. The underlying feature of such a programme

above all, fashion. Milano is a real-life laboratory

opportunities. The integrated, innovative curriculum

is that it allows participants to promptly test

for SDA Bocconi. The city is home to a myriad of

is based on real-world management knowledge, fully

the knowledge acquired at their work settings.

companies and stock markets to which students are

inclusive of the social dimensions of management

Throughout the 20 months, participants lead intense

directly exposed.

issues. The learning model treasures diversity and

work as part of their commitment to managerial

teamwork, is experiential and rigorous, dynamic

competence. Indeed, they hone their analysis and

SDA Bocconi added-value is that of having on one

and inductive, aiming to build an impressive kit of

problem solving skills. They tend to gain a deep

side the academic excellence and tradition,

analytical tools.

understanding of the various business disciplines in order to reach unflawed decisions. Interpersonal

strong faculty and research centres, on the other,

SDA Bocconi MBA is designed to cater for the realities

skills are also put into question. Leaders are trained

through its School of Management, an eye

of the current marketplace. It encourages students

to empower their networking capacities that allow

constantly opened on the market, on the business

to go beyond a conventional business programme.

them to simultaneously have and provide timely

world needs, a practical, business oriented approach

Graduates are prepared for the business mandate of

feedbacks. To know more about the GEMBA >

when facing contents and situations.

achieving success through a business environment

www.sdabocconi.it/gemba

Asia Pacific Australia & New Zealand

guaranteed by ‘Università Bocconi’, its reputation,

leadership and communication skills as pathways

The MBA Career Guide Fall 2009 213

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Latin America

St. Johns University, Rome Campus Programme Type: Full Time MBA Part Time MBA

Full Time Course Information Start Dates: Semester

Application Fee : USD ($) 70

Joint Degree Programmes Offered: MBA Only

Programme Duration: 12-18 months

Part Time Course Information Start Dates : Semester

Specialisation by Function: Finance International Business Marketing Management

Tuition Fee: USD ($) 2760 / Per Course

Programme Duration : 24-36 months

Entry Requirements: Avg. GMAT Score: 530 Min. Years of Work Experience : 0

Tuition Fee : USD ($) 2760 / Per Course

Contact: Dru Burtz Director St. Johns University, Rome Campus 21A Via Marcantonio Colonna Rome RM 00192 Italy Tel: +39 (06) 393 842 Fax: +39 (06) 393 84 200 Email: info@stjohns.edu Web: www.stjohns.edu/rome

close interaction between the students and the

North America

professor.

SCHOOL SPECIALIZATIONS: FINANCE SPECIALIZATION The objectives of the FINANCE field of specialization are threefold: familiarizing the student with the importance, scope of operations and problems faced by business firms in their international financing activities; assisting career-minded degree candidates in evaluating the growth prospects, requirements and opportunities in this field of business endeavor; and making the student aware of the inter-connections between international

Australia & New Zealand

Asia Pacific

Europe

corporate finance, government economic policy and the international economic environment. St. John’s University is internationally recognized as

CAREER DEVELOPMENT:

MARKETING MANAGEMENT SPECIALIZATION

an institution of academic excellence. Since 1995, St.

St. John’s University provides students with the

The objective of the marketing management

John’s has offered students throughout the world a

necessary programs and services in order to assist

specialization is to develop professional marketing

distinctive international graduate education at its

them in their career planning and development.

executives by equipping them with a rich, integrated

Rome, Italy, campus. In 2008, St. John’s inaugurated

These services are offered to all students enrolled

understanding of the role of marketing within an

a new state-of-the-art campus facility ideally located

in a St. John’s graduate degree program. Our

enterprise. Emphasis is placed on creating skills that

in the heart of Rome, demonstrating a standing

dedicated administrators assist students with

cultivate a keen awareness of the rapidly changing

commitment to prepare future managers for the

developing job opportunities as well as providing

demands of a marketing manager’s environment.

many exigencies of a dynamic global market.

career advisement. The Rome Campus also provides

The curriculum focuses on the role of the marketing

Students enrolled in the Rome campus MBA program

a series of workshops on resume writing, interview

executive, emphasizing the organization, planning,

are provided free laptops, enjoy the benefits of an

competency, mock interviews and employment

evaluation and control of all aspects of a firm’s

extensive local alumni network and are able to take

search skills.

marketing activities.

advantage of classes offered both in Rome and in

The student is exposed to

methods of new product development, management

New York City through The Peter J. Tobin College of

REAL WORLD EXPOSURE:

of advertising, distribution and sales administration.

Business.

Seminars and discussions with company executives

They also become familiar with market data, analysis

or diplomats of international organizations are

and quantitative marketing models in decision-

PROGRAMS:

conducted periodically in order to provide graduate

making.

The St. John’s University Rome Campus offers

students with the opportunity to network with

an MBA in Finance, Marketing Management or

global leaders and to learn about the challenges

INTERNATIONAL BUSINESS SPECIALIZATION

International Business. The degree program requires

facing businesses today.

The international business specialization is for

the completion of a minimum of 12 classes taken

students who wish to take their global business

either on a part-time or full-time basis. In addition

CLASS SCHEDULE:

education even further, perhaps preparing for a

to these classes, some students may be required

The graduate programs are designed with the

specific overseas assignment or building upon

to complete additional foundations classes in core

working student in mind. Therefore, all classes are

an undergraduate degree or prior experience in

areas. The number of classes required in the core

scheduled on Monday/Wednesday and Tuesday/

international relations, a language specialty or other

area is determined on an individual basis. The main

Thursday in the evenings from 7:00 p.m. to 9:30

such career pursuit. Students in this program take

objective of the MBA program is to provide students

p.m. The language of instruction is English and the

highly focused courses in subjects such as Taxation

with

majority of faculty arrive from St. John’s University

on Foreign Investments, Analysis of Foreign Financial

in New York. In addition, the faculty/student

Statements and Global Information Systems for

ratio and the class sizes are small, which enables

International Management.

challenging

experiences

that

and

rewarding

prepare

them

educational to

successfully in any business organization.

perform

214 The MBA Career Guide Fall 2009

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TASMAC London School of Business Specialisation by Industry: Banking / Financial Services Consulting FMCG - Fast Moving Consumer Goods Hospitality IT / Telecommunications Media & Entertainment No Industry Specification Non - Profit Organisation Print Media Public Sector Publishing Retail / Consumer Goods

Specialisation by Function: Accountancy & Financial Brand Management E-Commerce / Business Finance Human Resource Management Information Management International Management / Business IT Management Marketing Organisational Behavior

Full Time Course Information Start Dates: February June October

Min. IELTS : 6.5 Min. Years of Work Experience : 0

Programme Duration: 12 months

Part Time Course Information Start Dates : February June October

Tuition Fee: GBP (£) 6950 / Total Program Cost Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 220 Min. TOEFL Paper Based Score : 550

Application Fee : GBP (£) 0

Programme Duration : 24 months

Contact: Emily Spandikow, International Officer TASMAC London School of Business 1-3 Valley Drive London, NW9 9NG United Kingdom

Latin America

Programme Type: Full Time MBA Part Time MBA

Tel: +44(0)2082060066 Fax: +44(0)2082061999 Email: info@tasmac.org.uk Web: www.tasmac.org.uk

Tuition Fee : GBP (£) 7950 / Total Program Cost

professor ratio in order to provide an educational experience of intimacy and of quality. Entry

to

the

programme

requires

a

good

undergraduate degree or relevant prior learning experience. The English Language requirements are an IELTS score of 6.5 or TOEFL score of 580 PBT/230

North America

advising sessions. We maintain a low student-to-

CBT/89iBT. We consider each application individually, and do not require a GMAT score for entry. Students can apply through our website and there is no application fee.

TASMAC London School of Business, a validated

is an international organization with an established

local delivery centre for the University of Wales,

reputation. We have been pioneering British education

offers students some of the finest MBA programmes

abroad and have successfully delivered university-

available.

MBA

level programmes for over 18 years. Our Student

programmes are intensive and concentrated on

Services department is committed to providing the

a global perspective, delivered in a truly multi-

highest level of support and guidance to students,

cultural environment in order to prepare students

from their application through to after their studies

for rewarding international careers. TASMAC London

are completed. Students can develop their career

has a committed faculty of renowned academics

through networking and career workshops and

and experienced professionals from industry and

register for job placements through our Career

business, a modern campus with well-equipped

Advisors and with partnered recruitment agencies.

full-time

and

weekend

René Vassillière Germany ‘I came to TASMAC London – School of Business

facilities and receives continuous contributions from the corporate London community. With

Students at TASMAC London will receive an

having a political-science background, acquired from

proactive staff and a diverse faculty, we provide an

internationally

the

my first degree in Germany. I found political science

enriching experience for students. Our distinguished

University of Wales upon completion of their MBA

a less desirable subject for a career, so I decided to

programmes incorporate an extensive curriculum

programme. TASMAC London is accredited by

further my business education. I liked London while

and cover various disciplines in Finance, Marketing,

the British Accreditation Council for Independent

looking for colleges to study an MBA, as it is a thriving

Human

International

Further and Higher Education (BAC), UK, a member

and prosperous city. I finally decided on TASMAC

Business and Information Management. Our unique

of the Department for Innovation, Universities and

London for its competitive price and the chance to

approach not only provides a broad management

Skills Register, and a Home Office approved Sponsor

get a degree accredited by the University of Wales

perspective and the cross-functional and decision-

Institution.

while enjoying all amenities of studying in one of

Resource

Management,

recognized

degree

from

the major financial hubs in the world. It is expensive

making skills necessary to tackle complex issues; but also integrates a strong foundation in business

Our lecturers are specialists in their subject area

and challenging and it is difficult to give up a well-

ethics and values.

and possess high-level professional and academic

paid job to return to school, but I don’t regret it a bit

qualifications. Our academic faculty offer additional

to have taken up this opportunity in expanding my

TASMAC London has a state-of-the-art campus

assistance to students outside of the classroom

horizons, broadening my business knowledge and

with innovative and interactive course design and

through structured workshops and individual

making friends for a lifetime.’

Australia & New Zealand

Our

Asia Pacific

Europe

Student Profile

The MBA Career Guide Fall 2009 215

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North America

Latin America

Robert Gordon University Aberdeen Business School Programme Type: Full Time MBA Part Time MBA Distance Learning MBA

Business Leadership Marketing Operations Management Project Management Purchasing Management Strategic Management Supply Chain Management

Joint Degree Programmes Offered: MBA Oil & Gas Management, MBA Transport Strategy and Management

Specialisation by Industry: Oil & Gas Transport Full Time Course Information Start Dates: September

Specialisation by Function: Change Management Entrepreneurship Finance General Management Human Resource Management Information Management International Management /

leading providers of management and professional education in Scotland, and is nationally and internationally recognised for its corporate and The MBA and eMBA

courses are accredited by AMBA the official MBA

Programme Duration : 33 months Tuition Fee : GBP (£) 11,098 Distance Course Information Start Dates : January September Programme Duration : 32 months

• Gain an additional 2 years visa stay after your graduation through the Fresh Talent Initiative Aberdeen • English

support

for

international

students

international standards. The School offers a range of

attributes

We know that every MBA student is making a strong commitment to his or her course. That is why we

Tel: +44(0)1224 263428 Fax: +44 (0)1224 263838 Email: a.scott@rgu.ac.uk Web: www.rgu.ac.uk/abs

operate at Board and CEO level. The programmes based dissertation in which theory and experience complex organisational problems. Students have the opportunity to undertake a placement as part of the

including “Personal Portfolios” of skills and

year.

Contact: Allan Scott, MBA Director The Robert Gordon University, Aberdeen Business School Garthdee Road Aberdeen, Scotland AB10 7QE United Kingdom

are brought together to analyse and resolve real and

language

world of business as well as meeting the highest

were awarded various ranges of scholarships last

Tuition Fee : GBP (£) 11,098

are completed with the submission of a project-

• A free laptop when you study a full-time MBA at

• One-to-one mentoring and career guidance

courses. Twenty percent of current MBA students

Europe

Application Fee : GBP (£) 0

Part Time Course Information Start Dates : January September

industry body, and are of direct relevance to the real

scholarships to assist outstanding candidates in MBA

Asia Pacific

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 230 Min. TOEFL Paper Based Score : 570 Min. IELTS : 6.5 Min. Years of Work Experience : 3

Programme Duration: 14 months

The Aberdeen Business School is one of the

management education.

Tuition Fee: GBP (£) 14,350

dissertation element; further ensuring the business relevance of their work.

• Study in small classes with students from a diverse background • Learn through integrative teaching methods on our state-of-the art campus based in Aberdeen

Student Profile

• Learn how to apply the course to your business

“ by the time I had completed my MBA, I felt I was

• The opportunity of a study tour to a participating

more astute and confident at tackling complex

European business school

issues, ideas and concepts and turning them into

strive to offer one of the best MBA courses in the UK.

coherent plans and balanced recommendations.

Our philosophy on the MBA is that the courses are

Our MBA programmes have an international focus

The overall quality of lecturing and teaching study

designed to equip students with a comprehensive

with strategic management as a key component and

was very high and I felt we were exploring genuine

set of skills and capabilities, combined with a higher

specialist Routes. The programmes are available in a

cutting edge thinking. Doing the MBA undoubtedly

level of reflective thinking, which will remain with

range of study modes. We currently offer MBA, MBA

raised my game and continues to provide benefits

them throughout their career. More and more

Oil and Gas Management, MBA Transport Strategy

today.”

students are choosing to study for an MBA at the

and Management courses and they can be studied

John Yule MBA, Team Leader Europe, Well Supply

Aberdeen Business School and they consistently list

full-time, part-time and distance-learning.

Chain, Shell Exploration and Production

Our MBA programmes follow a progression from Core

“ The Aberdeen Business School MBA introduced

Management modules through specialist Elective

me to completely different world...I really benefited

Modules and thereafter to a Strategic Management

from the various disciplines I studied , for example

• We are the top modern University and ranked 10th

module. The Core Management modules provide

organisation growth and that helped me to grow

for graduate employment in the UK (the Times

an underpinning to all essential functional decision-

Cornerstone from scratch to a £24 million business.”

Good University Guide 2009)

making skills required by a general manager and

Nick Baxter MBA, Chief Executive, Cornerstone

reasons for doing so: • Study at a global AMBA accredited business school

introduces aspects of strategic analysis and thinking.

“Previous to my pursuit of a Postgraduate degree,

Australia & New Zealand

I was employed as a project manager of a charity. The electives allow students to

Currently I am the staffing specialist at Halliburton

specialise in areas that match

KBR, Dubai. ....It was a truly enjoyable course; it

their individual interests and

raised my confidence level and helped me organise

career aspirations. The Strategic

for future career prospects. More significantly, I got

Management module, a major

a better understanding on the current business

element of the programme,

practices in a very broad aspect. The teaching and

develops

non-teaching staff

a

comprehensive

were amazingly co-operative

understanding of the Strategic

and helpful. It was an excellent career shaper; I could

Management

get what I wanted without wasting a single day after

equipping

process,

participants

with

the skills and confidence to

my study.” K. Elangovan

216 The MBA Career Guide Fall 2009

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Specialisation by Industry: Banking / Financial Services Public Sector Full Time Course Information Start Dates: September

Specialisation by Function: Accountancy & Financial Economics Entrepreneurship Finance General Management International Management / Business Strategic Management Carbon Management

Programme Duration: 12 Months 15 Months (MBA in International Business)

Tuition Fee: 12 months – GBP (£) 22,600 (Full Time MBA) 15 months – GBP (£) 24,000 (MBA in International Business) Entry Requirements: Min. GMAT Score : 600 Min. TOEFL Computer Based Score : 250 Min. TOEFL Paper Based Score : 600 Min. IELTS : 7 Min. Years of Work Experience : 3

Part Time Course Information Start Dates : October Programme Duration : 30 months Tuition Fee : GBP (£) 17,300 (Total Program Cost)

The University of Edinburgh Business School

programme taught in the evenings. The 12-month

is an integral part of one of the world’s oldest

programme is also available in modular form spread

universities.

over a period of up to 48 months.

Within

a

stimulating

learning

environment the Business School is one of the most

Contact: Admissions Office University of Edinburgh Business School 7 Bristo Square Edinburgh, Scotland EH8 9AL United Kingdom Tel: +44 (0)131 650 9663 Fax: +44 (0)131 650 8077 Email: mba@business-school.ed.ac.uk www.business-school.ed.ac.uk

Student Profile Mariela Monge from Costa Rica studied the MBA in International business at the age of 27.

respected and progressive in Europe with students

Both full-time MBA programmes share the same

drawn from around the globe. The Edinburgh MBA

structure for the first two terms. First-term courses

Mariela gained her bachelors and masters degree

is held in esteem, internationally accredited and

cover the foundations of business and management.

from the Latin University of Costa Rica and a

highly ranked. Edinburgh uniquely combines a

Subsequent terms focus on strategic management in

certification in International Stock Markets from

dynamic business community with its status as a

greater depth, and allow students to specialise in areas

Fundepos Alma Mater University. After working for a

world heritage site.

of interest by selecting from a wide range of options.

few years in the business software industry, she was

Broad in scope, insightful in content, the Edinburgh

Students on the 12-month course undertake a

MBA covers all the main management disciplines,

consultancy project with a local organization, and

yet offers real opportunities for focus on specific

then complete their dissertations. Students on the

She chose the MBA in International Business

specialist areas. The programme design is built upon

MBA in International Business course spend the

programme at Edinburgh as it provided an in-depth

two, interlinked principles of collaboration and

period from April to June studying options at one

curriculum, the chance to specialise in financial

developing the individual. We see you as a partner and

of the School’s international partners and then

management electives, an exchange with a partner

a stakeholder, so we expect you to contribute to the

undertake an international internship.

university in Europe and an opportunity to gain

North America

Programme Type: Full Time MBA Part Time MBA MBA in International Business

Latin America

University of Edinburgh Business School

keen to formalise her business education to enable a

practical experience in a different industry through

play. Our students have on average eight years work

The School’s extensive links with the business

experience so we know you will learn a lot from your

community are enhanced by its many research centres

fellow students. We try to foster this learning process

and institutes and with many leading business figures

‘‘My personal and professional development as

through small group activities in all the courses.

contributing to our guest speaker series.

a result of the Edinburgh MBA has surpassed all

Our students have an average age of 31 and come

In 2010 we will move to our new customised

programme

from all industries and all continents, with typically

building that is designed to meet the needs of a

environment, I particularly enjoyed the cultural

80% of the class from overseas representing around

world class business school and will allow us to

experience and the diversity of my fellow students.”

30 different nationalities.

provide an outstanding experience to our students

an internship.

Europe

programme by putting your business experience into

new challenge in a different industry.

expectations. Not only did the Edinburgh MBA an

academic

structured

“After seven months in Edinburgh, I transferred to ENPC in Paris for my exchange programme before

fulltime programme, a 15-month MBA in International

For more information about the Edinburgh MBA visit

undertaking an internship at Shell Exploration and

Business programme, and a 30-month part-time

our website www.business-school.ed.ac.uk

Production in Aberdeen. This involved working with

Asia Pacific

and corporate partners. MBA programmes are available as a 12-month

provide

the economics and capital budgeting team as well as asset managers to develop an economic model to

Since graduating, Mariela has been working for the central treasury team of Shell in London. “My current role is a perfect match of exposure to the energy industry and financial management. It gives a truly global perspective of the different businesses as well as the opportunity to work in a world class treasury operation with very talented individuals.”

Australia & New Zealand

evaluate end-of-field life.”

The MBA Career Guide Fall 2009 217

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The School of Management, University of Bath

Latin America

Programme Type: Full Time MBA Executive MBA, flexible part-time Joint Degree Programmes Offered: MBA Only Specialisation by Function: General Management Specialisation by Industry: Automotive Banking / Financial Services Construction

Tuition Fee: GBP (£) 18,900 / Total Programme Cost

Executive Course Information Start Dates: Sept, Jan, March each year. Programme Duration: Fast track 24 months; up to 60 months max

Full Time Course Information Start Dates: September

Entry Requirements: Min. GMAT Score : 600 Min. TOEFL Computer Based Score : 250 Min. TOEFL iBT 100 Min. IELTS : 7; min 6.5 in any one band Min. Years of Work Experience : 3

Programme Duration: 12 months

Application Fee: GBP (£) 0

Consulting Education Environment FMCG - Fast Moving Consumer Goods Government IT / Telecommunications Media & Entertainment

North America

personal

Tuition Fee: Pay as you Go: GBP (£) 1,350 per module Total GBP (£) 20,750

development

Contact: Maggi Preddy, MBA Admissions & Marketing Manager The School of Management, University of Bath 8 West Building Claverton Down, Bath BA2 7AY United Kingdom Tel: +44 (0)1225 383431 Fax: +44 (0)1225 386210 Email: mba@bath.ac.uk Web: www.bathmba.com

Student Profile

through a small-group,

Neil Turner

high-contact

(Bath MBA 2006)

teaching

environment that is based active

Back in 2003 and with over

enquiry and interaction

10 years experience in the

between academics and

telecoms sector I was given

students.

the opportunity to study

upon

debate,

the Bath MBA. At this time I realised that both my career

Our one-year Full-time programme

attracts

a

culturally diverse cohort

and understanding of the business environment would be enhanced by an MBA.

of students drawn from different

As part of the selection process I researched leading

countries. A key feature

UK MBA programmes. Given the investment in time

The School of Management has an impressive

of our part-time, Executive programme is the rapid

and money that would be necessary, I wanted to

reputation as one of the UK’s leading Business

return on investment to sponsoring organisations.

make sure that the quality of the course would be

Schools with excellent credentials in research and

Course assignments are set to enable students

high, that the degree would have a good reputation

teaching and is ranked accordingly.

to reflect on their learning and add value to their

and be widely recognized both in the UK and abroad.

organisation. The Bath MBA Scholarship Fund is

Bath was on my list as one of the highest ranked UK

The School’s location, just one and a half hours from

available to excellent applicants to both the Full-

programmes.

London, overlooking the historic World Heritage

time and Executive Bath MBA programmes, while

City of Bath is another asset. The University is

our non-UK based Bath MBA Chevening top-up

The MBA facilities at Bath are of a high standard,

based on a modern campus with some of the best

Scholarship scheme provides additional funds for

but I think what makes it stand out is the small

sporting facilities in the country and offers an

elite British Council Chevening scholars.

group environment which ensures lively discussions

Europe

around

12

Australia & New Zealand

Asia Pacific

attractive environment that is both intellectually and culturally stimulating.

between staff and students. During my time of study The Bath MBA typically attracts mature individuals

participants had diverse business backgrounds. This

seeking to broaden and deepen their general

meant that we would review concepts from a range

Professor Richard Elliott, Dean of School, oversees

management knowledge and courses on the Full-

of different viewpoints which really pushed you to

a faculty which has expertise in Strategy, Change

time programme include: financial management, HR

think ideas through more rigorously. We’d often

Management, Marketing, Strategic Purchasing &

management, marketing, operations management,

continue the discussions in the coffee breaks and

Supply and Knowledge Management. Graduates

corporate social responsibility; electives; strategy

after class; these discussions were very much part of

from the School are targeted by top recruiters and the

and

the learning process.

School maintains close links with business through

Programme; management and personal skills; and

research, consultancy, targeted programmes as well

the final project.

change;

the

Claverton

Entrepreneurship

as student placement and project schemes.

The MBA not only gives you a great deal of information, but also gives an understanding of

Content on both the part-time Executive programme

management processes that imparts a confidence

The Bath MBA is a general management programme

and the Full-time Bath MBA programme is the same.

in one’s own decisions and an appreciation of the

designed for mature, experienced individuals with

The programme is taught over one-week modules

‘bigger picture’ of how and why the organisation

a minimum three years post-graduation business

which provide a rapid return on investment to

works. There’s no doubt that you come out of the

experience. A broad range of industry sectors are

sponsoring organisations. The part-time route is

MBA with a valuable set of tools, and although you

represented on the Bath MBA, which is available in

attractive to candidates who are based abroad yet

may not ‘consciously’ be drawing on them all the

full- and part-time formats and which provides a solid

able to fly into the UK for study. With entry in October

time, you certainly use them in daily life

foundation in key business disciplines. Applicants

and January each year,the compressed part-time

benefit from the cross-fertilisation of ideas and

programe may be completed in 2 years or extended

learning from their peers. Our culture and ethos

up to a maximum of 5 years to permit an equitable

encourage critical thinking, teamwork, creativity and

work-life-study balance.

218 The MBA Career Guide Fall 2009

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University of Deusto, Deusto Business School Joint Degree Programmes Offered: Multinational MBA European & International Business Management Full Time Course Information Start Dates: September 2009 (MMBA, EIBM, MBA) January 2010 (EMBA)

Master programmes: European & International Business Management (EIBM) Master in Business Administration (MBA)

Programme Duration: 9 intensive week-modules (MMBA) 18 months (EMBA)

16 months (EIBM) 10 months (MBA) Tuition Fee: EURO (€) 49.000 / MMBA EURO (€) 36.000 / EMBA EURO (€) 13.500 / EIBM EURO (€) 15.000 / MBA

command of Spanish /French (EIBM) Personal interview. Application Fee: EURO (€) 100

Entry Requirements: Min. 5 years work experience (MMBA, EMBA, Im2) A good command of English (all programmes) plus a good

Contact : Bilbao Ramón Rubial, 1 48009 - Bilbao (Spain) Tel. +34 944 139 261 Fax +34 944 139 086 info@dbs.deusto.es www.dbs.deusto.es

Latin America

Programme Types: Executive programmes: Executive MBA (EMBA) Multinational MBA (MMBA) International Master in Innovation Management(Im2)

San Sebastián Mundaiz, 50 20012 - San Sebastián (Spain) Tel. +34 943 326 460 Fax +34 943 326 461 infodonostia@dbs.deusto.es www.dbs.deusto.es

emergent countries. Tuition is held in Miami, Bilbao (Spain), Santiago de Chile and Hyberabad (India) during the 9 intensive week-modules throughout 18 months.

Executive MBA The Executive MBA (EMBA) is a high-level interdisciplinary

education

programme

North America

business in Latin America, Europe, USA and the

for

executives in positions of high responsibility. An international two-week intensive module will be held at renowned institutions: INSEAD (France Fontainebleau) and Boston College (USA - Boston).

in

Innovation

The Programme seeks to develop executives who can lead a culture of innovation that will infuse all processes, harness all resources and capitalise

Europe

International Master Management - Im2

on the organisation’s intellectual and creative participants practical benchmarks that will help

If the European model of the welfare state is to be

co-generate economic and social value. The Deusto

drive organisations and companies towards higher

kept up while maintaining Europe’s competitiveness

Business School seeks to help business executives to

levels of competitiveness.

on a global scale, new resources and strategies will

assume their social responsibility while at the same

be required. The answer to this new challenge lies in

time substantially improving the running and results

innovation.

of their organisations.

The Master in European & International Business Management (offered by the Faculty of Business Administration)

Deusto Business School (DBS) was created in 2008

DBS focuses on executive education and offers the

This is a multi-site and trilingual programme

to respond to this new local and global context. DBS

following programmes:

organised in collaboration with Audencia-Nantes

builds upon the strengths of its parent university,

- Multinational MBA

Ecole de Management, France and Bradford

Deusto University, a prestigious institution in the

- Executive MBA

University, UK.

education of business leaders. It is unequivocally

- International Master in Innovation Management

committed to the idea of offering world-class

- Programmes for Management Development

The focus of the programme is on general

executive education and has been created with the

- In-Company training

management in national, European and international trade contexts. It is designed to enable its graduates

support and backing from national and international corporate and economic leaders.

Bilbao and San Sebastian

to play a leading role in the management of European

Deusto Business School operates in two centres,

and International organisations.

The new business school has started contributing

Bilbao and San Sebastian, two cities that both

to meeting this challenge of the new knowledge

offer quality of life and services in a setting that is

The EIBM programme permits students to acquire

society,

strongly committed to business innovation and

cross-cultural managerial skills as they are practiced

transformation.

in three different cultural environments.

providing

new

tools

for

managing

innovation processes and new models for creating value proposals within organisations.

The Multinational MBA The DBS wants to reach the people who will play

Run jointly with the Adolfo Ibañez School of

an important role in this new society. The goal is to

Management (Miami), the programme aims at senior-

develop their professional and personal skills, and

level executives and entrepreneurs that conduct

Australia & New Zealand

their entrepreneurial capacity to innovate and to

Asia Pacific

potential. In addition, the Programme offers

A business school focusing on innovation

The MBA Career Guide Fall 2009 219

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University of Glasgow Business School

Joint Degree Programmes Offered: MBA Only Specialisation by Function: Accountancy Accountancy & Financial Brand Management Change Management Economics Entrepreneurship General Management

Human Resource Management Information Management International Management / Business Leadership Marketing Operations Management Strategic Management Technology Management

Full Time Course Information Start Dates: September

Specialisation by Industry: Banking / Financial Services Consulting Government Public Sector Retail / Consumer Goods

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : N/A Min. TOEFL Paper Based Score : N/A Min. IELTS : 6.5

North America

Latin America

Programme Type: Full Time MBA Part Time MBA

Programme Duration: 12 months Tuition Fee: GBP (£) 16000 / Total Program Cost

Contact: Nick McLean, Postgraduate Recruitment Assistant University of Glasgow Business School Gilbert Scott Building West Quadrangle University Avenue Glasgow G12 8QQ United Kingdom

Min. Years of Work Experience : 3 Part Time Course Information Start Dates : September Programme Duration : 24 months Tuition Fee : GBP (£) 6500 / Per Year

Tel: 44 (0)141 330 1965 Fax: 44 (0)141 330 4045 Email: mbaadmissions@gla.ac.uk Web: www.glasgow.ac.uk/business

development. Our intake is managed to ensure a

become a leader of the future, with the ability to

positive classroom experience. We limit our full-

unlock value in companies and organisations.

time cohort to less than 50 participants, so that we can deliver a highly interactive and participative experience.

Student Profile

Europe

Michael Alexander, MBA 2007 A viable learning community is particularly

Current Organization: Pepsi-Americas, Schaumburg

important on the MBA, which brings together an

IL USA

international mix of participants, involving students

Current Role: Senior Financial Analyst, Supply Chain

from between 12 and 18 different countries

Finance

each year. Their backgrounds are wide ranging,

Previous Organization: Blockbuster Inc, Dallas TX

from medicine and law to engineering, banking,

USA

education, and the public sector.

Previous Role: Accounting Analyst

The Glasgow MBA is structured in a way that

I chose the University of Glasgow because of its

enhances the scope for personal and academic

reputation, its cultural diversity and because it offers

development,

value for money.

incorporating

orientation

and

induction sessions ahead of the core modules, offering a rich choice of options, and finishing with

The MBA I received from the University of Glasgow

the in-depth and applied analysis of a dissertation.

has improved my analytical and critical thinking

Personal development sessions and provided

skills, as I now challenge my assumptions and

Why study for an MBA at the University of throughout the programme to help students reflect evaluate projects before adopting a preferred Glasgow? approach. It has also provided me with a greater upon their progress and enhance their potential.

Asia Pacific

At the University of Glasgow Business School, our

insight into operational and strategic business issues

business is knowledge creation and communication.

The Glasgow MBA also includes a period of reflective

Our MBA is focused on creating leaders who can

practice, when students undertake group projects

think critically, and who have the ability to lead

to implement and test the skills and techniques

The experience I gained from the program has

companies and organisations and their people at

they have accumulated through the programme. A

undoubtedly

the highest level.

choice will be offered between two options: either

networking and social skills. I have also seen an

that organizations face.

improved

my

self-confidence,

spend time in a partner organisation analysing

improvement in my problem solving, and increased

The Business School ranks amongst the world’s

a real business problem for the benefit of that

understanding of areas like Strategy, Organizational

best: we hold international accreditation from

organisation, or travel to one of our partner Schools

culture, Corporate Finance, Marketing, Knowledge

the Association to Advance Collegiate Schools of

abroad to learn about business administration in an

Management

Business (AACSB International), the premier global

international context.

Management.

undergraduate, masters, and doctoral degrees.

Follow in the footsteps of Adam Smith…

My past professional experience combined with my

Less than 10% of the world’s business schools hold

We recognise that choosing to study for an MBA

MBA from the University of Glasgow Business School

accreditation by AACSB.

degree is a major commitment, and a potentially life

have given me a competitive advantage, and help

changing decision. Many people ask themselves, “will

me to prepare for future challenges.

and

Global

Supply

Chain

Australia & New Zealand

accrediting body for business schools offering

Our MBA programme is also fully accredited by the

this investment pay off?” At Glasgow, we aim to ensure

Association of MBAs (AMBA) and is recognised by

the maximum return on your investment by providing

And the social life was brilliant. I met new people in

the UK Cabinet Office as an approved MBA for the

you with high-quality contemporary thinking,

the program that, after a year of group work, exam

civil service.

intellectual excellence and innovative learning.

preparation, and socialising, I can now call my best

What makes the Glasgow MBA different?

Our MBA will enable you to find and gain unique

will last a lifetime. When I reminisce about my year at

One of the key strengths of the Glasgow MBA is

insights that provide the opportunity for you to

Glasgow, there are lot of good things to say!

the community approach to study and personal

differentiate yourself from your competitors and to

friends. The experience has given me memories that

220 The MBA Career Guide Fall 2009

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Programme Duration: 12 months

Specialisation by Function: Entrepreneurship General Management Leadership Project Management Strategic Management

Entry Requirements: Min. GMAT Score : 550 Min. TOEFL Computer Based Score : 250 Min. TOEFL Paper Based Score : 600 Min. IELTS : 6.5 Min. Years of Work Experience : 3

Full Time Course Information Start Dates: September

Tuition Fee: GBP (£) 21000 / Total Program Cost

Application Fee : USD ($) 0

Part Time Course Information Start Dates : September

Programme Duration : 36 months Tuition Fee : GBP (£) 11300 / Total Program Cost

Programme Duration : 36 months

Executive Course Information Start Dates: September

Tuition Fee : GBP (£) 15000 / Total Program Cost Distance Course Information Start Dates : April October

Programme Duration : 24 months Tuition Fee : USD ($) 0 / Per Credit

programme is based on collaborative learning where work experience, knowledge, understanding

Contact: Lucy Reynolds, Admissions Officer University of Strathclyde Business School 199 Cathedral Street Glasgow G4 0QU United Kingdom Tel: +44 141 553 6118/9 Fax: +44 141 553 6162 Email: admissions@gsb.strath.ac.uk Web: www.strath.ac.uk/business

Student Profile

reflected on.

Madhav Bellamkonda MBA full time 2005-2006

This integrated programme comprises compulsory

I decided to do an MBA as I wanted to sharpen my

modules supported by a selection of optional in-

managerial skills with knowledge of latest industry

depth functions - allowing students to tailor their

practice and methods.

and applicable skills are shared, worked with and

North America

Programme Type: Full Time MBA Part Time MBA Distance Learning MBA Executive MBA

Latin America

University of Strathclyde Business School

MBA to suit their career aspirations. Students spend time working on and building a corporate strategy.

Before choosing a provider, I looked at accreditation,

Strategic analysis and strategic thinking are central to

the duration of the course and the school’s track

the programme and run throughout the modules.

record in delivering the MBA. After assessing several shoulders above the rest with triple accreditation,

of grappling with opportunities and problems in the

a one year programme and years of experience in

practice of management by developing as reflective,

delivering the programme.

open-thinking, adaptive learners. The team-work approach fostered at Strathclyde is an important

The spread of the curriculum was one of the course’s

University of Strathclyde Business School, aspect of the course and ensures that the extensive best features and there was great help from the Glasgow range of people from different countries, backgrounds faculty and support staff throughout the year. Strathclyde Business School is internationally

and cultures are brought together to learn from each

respected as one of the most innovative business

other in a truly global networking experience.

schools in Europe with one of the largest academic

Europe

UK business schools, I felt Strathclyde was head and The programme seeks to help students develop ways

Group work could be stressful but the long hours of time of my life at Strathclyde - learning took a steep

accrediting bodies, AMBA, EQUIS and AACSB, and is

with at least 20 nationalities represented every

curve in those situations. Working with people from

one of only 40 in the world to have such a distinction.

year, while our part time programme is a Scottish

different cultures inside and outside the classroom

In fact, less than 1% of business schools in the world

networking experience, and flexible learning allows

environment was also beneficial.

hold triple accreditation status. In Scotland, no other

the individual to tailor both the pace and place of

business school is accredited so highly.

their study.

Strathclyde also performs consistently well in the

Academic strengths

understanding has given me the confidence to face

UK government research and teaching assessments.

The Business School’s 11 subject departments and

various challenges. It has also helped me streamline

More recently Strathclyde Business School was

specialist units collaborate to provide a dynamic,

my goals and revisit my career goals based on my

ranked 41st in the world, 13th in Europe, 7th in

fully rounded and varied programme of specialist

newly acquired skills and knowledge.

the UK and first in Scotland by the Financial Times

and cross-disciplinary postgraduate courses.

The MBA has helped me understand the link between different facets of an organisation, and this breadth of

Annual Global MBA survey.

Having worked as director of promotions and resource Strathclyde academic staff have a multidisciplinary

development for an NGO in India pre-MBA, I am now

The MBA programme

outlook and build on the extensive expertise

associate director of joint ventures with the Bank of

The Strathclyde MBA has been developed and fine-

of academic staff from other business faculty

Scotland in London, which involves originating and

tuned since 1966 and can be studied in the UK or

departments.

particular

structuring deals, such as management buy-outs,

via International Centres in Switzerland, Greece,

expertise in the areas of strategic management,

providing integrated financial structures for deals

The Middle East, or S.E. Asia. Participants have the

leadership and scenario planning. Staff also

ranging from £50million-£1.5billion.

flexibility to switch between different modes of

undertake a broad range of consultancy activities

study, depending on their locations and lifestyles.

both in the UK and Internationally. The School places

Our

academics

have

particular importance on strategic management at Designed for ambitious, talented and well-qualified

the level of developing strategy in any organisation,

individuals with solid business experience the

big or small, departmental, or divisional.

Australia & New Zealand

Our full time MBA has a truly international flavour

Asia Pacific

toil in the discussion rooms were the most fruitful

faculties. Strathclyde is accredited by the international

The MBA Career Guide Fall 2009 221

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North America

Latin America

Vlerick Leuven Gent Management School Programme Type: Full Time MBA Part Time MBA Executive MBA Joint Degree Programmes Offered: MBA Financial Services and Insurance Specialisation by Function: Accountancy & Financial Brand Management Change Management Decision Science E-Commerce / Business Economics Entrepreneurship General Management Human Resource Management Information Management Innovation / Knowledge Management

International Management / Business IT Management Leadership Logistics Manufacturing Management Marketing Operations Management Organisational Behavior Personal Development Project Management Research & Development Management Strategic Management Supply Chain Management Technology Management Doing business in Europe Specialisation by Industry: Automotive Banking / Financial Services Consulting FMCG - Fast Moving Consumer

Goods Government Hospitality IT / Telecommunications Media & Entertainment Non - Profit Organisation Pharmaceutical / Bio-Medical Retail / Consumer Goods Venture Capital & Private Equity

Min. TOEFL Computer Based Score : 250 Min. TOEFL Paper Based Score : 600 Min. IELTS : 6 Min. Years of Work Experience : 3 Application Fee : EURO (€) 50

Programme Duration : 22 months

Programme Duration: 12 months

Tuition Fee : EURO (€) 11500 / Per Year

Tuition Fee: EURO (€) 27500 / Total Program Cost

The programme is completed in an intensive 12 months including

a

Tel: +32 16 24 88 87 Fax: +32 16 24 88 00 Email: MBA@Vlerick.be Web: www.vlerick.com/ftmba

Executive Course Information Start Dates: January

Entry Requirements: Min. GMAT Score : 550

two

month

incompany consultancy project

Tuition Fee : EURO (€) 29500 / Total Program Cost Contact: Peter Rafferty, Director MBA Programme Vlerick Leuven Gent Management School 83 Vlamingenstraat LEUVEN, Louvain 3000 Belgium

Part Time Course Information Start Dates : September

Full Time Course Information Start Dates: September

Programme Duration : 18 months

Student Profile The following testimonial is one of many which are available at www.vlerick.com/MBA/testimonials

Europe

and two courses completed in our programme at the Peking

As a partner in a fast-growing IT firm, I had a staff of

University in Beijing. The Vlerick

20 people reporting to me. I felt my undergraduate

MBA is an international general

degree in Computer Science and lack of formal

management programme with

training in management prevented me from bringing

emphases on entrepreneurship,

the company to a higher level. Vlerick Leuven Gent

international

multicultural

Management School is one of the few business

business and CSR. All students

schools that offer a major in Entrepreneurship and

must undertake the in-company

access to technology start-ups via the K.U.Leuven

consultancy project / internship

R&D Centre.

/

which we provide through our global network of relationships

I think the programme is very well-structured. I

with employers.

particularly enjoyed subjects such as Innovation

Australia & New Zealand

Asia Pacific

Vlerick is the post graduate management school

Management,

Management

Accounting,

and

of the world famous Catholic University of Leuven

Some promises we make to our students:

Management Control Systems. I have also gained a

(founded in 1425) and Ghent University (founded in

• You will be with a small group of diverse, highly

great deal from Entrepreneurship and Entrepreneurial

1817.) Each year we select around 50 of the top MBA

intelligent, motivated, creative and ambitious

Finance. As a manager, the relevance of an MBA

candidates from all round the world to become the

people.

cannot easily be quantified, but in retrospect I can

Vlerick Leuven Gent Management School class. The diversity in such a small group is amazing – normally

• You will be a member of a group of world class dynamic, highly educated leaders.

see the numerous flaws in my previous “untutored” manner of managing the company. There are many

30+ countries are represented. The academic and

• Your in-company consultancy project will be

work backgrounds of the group are similarly diverse

challenging, strategically relevant and demanding.

as is their range of skills and interests. Students

• You will have on-going guidance from highly

are, on average, 32 years old with 7 years of work

qualified, experienced faculty and access to

I have had a very enjoyable time here in Belgium.

experience and an average GMAT of 640.

excellent networking and forum activities.

Language is not a problem as most Belgians speak

financial, operational and control systems that I can put in place now.

• You will be amazed at the beauty of Leuven, the

English. Besides, Leuven is an excellent place for

We are one of only a few schools to hold global

quality of life and the real affordable cost of living

an international student, with a community that is

accreditation from AACSB, AMBA and EQUIS. The

during your time here.

helpful and welcoming. The school provides all the

MBA is consistently ranked as one of the top in the

• You will be astounded to realise that this

necessary books and course material, so there is no

world by the Economist and the Financial Times - N°

programme costs only €27,500 including tuition,

need to budget for these items and the library at

1 in Belgium, Netherlands and Luxemburg.

books and materials.”

the K.U.Leuven offers all the additional resources. Cost of living in Leuven is much less expensive

Our MBA class is in the top 10 worldwide for:

Why not contact us to arrange a preview of your

than elsewhere in Europe. I was able to get by on

• return on investment/value for money;

profile, to visit our Campus or to make contact with

a monthly budget of about €700 for rent and other

• career progress in the 3 years after graduation;

an alumnus/alumna? We will be happy to hear from

living expenses.

• % of graduates employed within 3 months;

you.

• % of female students;

Anusuya Krishnan MBA. Malaysia.

• % of international students; • international experience during the programme. 222 The MBA Career Guide Fall 2009

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Programme Type: Full Time MBA Distance Learning MBA Executive MBA Global Energy MBA

Programme Duration: 12 months

Specialisation by Function: Marketing Operations Management Strategic Management Corporate Governance, E-Business

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 260 Min. TOEFL Paper Based Score : 620 Min. IELTS : 7 Min. Years of Work Experience : 3

Full Time Course Information Start Dates: September

Tuition Fee: GBP (£) 21,400 / Total Program Cost

Application Fee : GBP (£) 80

Distance MBA Information Start Dates : January July Programme Duration : 36 months Tuition Fee : GBP (£) 5200 / Per Year Executive MBA Information Start Dates: March October

Programme Duration : 36 months Tuition Fee : GBP (£) 8000 / Per Year Global Energy MBA Start Date: May Programme duration: 3 years Tuition Fee: £9,500 per year

Contact: Rachel Killian, MBA Marketing & Recruitment Manager Warwick Business School, University of Warwick Coventry CV4 7AL United Kingdom Tel: +44 (0)24 7652 4100 Fax: +44 (0)24 7657 4400 Email: warwickmba@wbs.ac.uk Web: www.warwickmba.com

Latin America

Warwick Business School University of Warwick

I turned down a scholarship offer from another school to come to WBS and I have not regretted my decision for one minute. I chose WBS for its renowned business faculty and the chance to learn with some of the leading academics in Europe. The teaching standards are among the best I’ve seen and the lecturers have real industry experience, making it

North America

Student Profile

much easier to connect academic theories with real life applications.

Warwick Business School

internship and everybody benefits from the Practice

One module I really enjoyed was Practice of

WBS is an international and highly-rated school,

of Management module which focuses on personal

Management. It makes you aware of yourself

one of the largest of its kind with over 300 staff

and professional development.

as a person; it helped me take a greater look at

supporting almost 6,500 students and participants. This is ideal for executives with busy professional and

understanding my areas of weakness and how

of only 3 UK schools to be rated both “excellent”

family lives who need a study programme that can

they can be improved. The Practice of Management

for teaching and to have achieved the highest 5*

be planned well in advance. Our flexible approach

project gave me the chance to apply what I learned

rating for its research performance. In addition,

means that modules are repeated regularly, so that

in the classrooms to real life issues.

Warwick was the first in the UK to achieve the triple

participants can plan their study around work and

accreditation from AACSB, AMBA and EQUIS.

family commitments. The compact delivery format

WBS has a very efficient careers team. By providing

allows for concentration on a particular area of

career coaching services and company recruitment

The Warwick MBA

learning and a high quality peer group with a variety

presentations they’ve been great in preparing me for

The Warwick MBA programme enjoys global

of management roles allows for both effective

my ideal job. I feel very confident stepping into the

recognition for its leading edge thinking and world-

collaborative learning and valuable networking.

world of business knowing I’m well equipped to face

leading resources. It offers one of the most flexible

the challenges. The experience has been wonderful

Distance Learning

and definitely good value for my money. Every penny

to select from one of three different ways to learn –

This is one of the highest quality programmes of its

spent on the Warwick MBA has been worth it.

full-time, distance learning or executive (modular).

kind in the world. Ranked #3 in the world by Which

They all share the same curriculum and participants

MBA, the learning is interactive and challenging,

Emeka Maduka

are awarded the same qualification. All electives

with regular opportunities for face-to-face teaching

Current Participant on

are open to students of any study mode, which

and ongoing participation in local and virtual study

the Warwick MBA by full-

extends the international networking opportunities.

groups. WBS has 20 years of experience offering this

time study (2008-2009).

Finally, it gives participants flexibility to change their

programme to students from over 100 countries. This

mode of study should their personal or professional

history, combined with the high standard of study

circumstances change.

materials and the support available, makes it the

Australia & New Zealand

programmes in the UK today, with participants able

best choice for anybody looking for a combination

Full-time

of quality and convenience.

The full-time study mode consists of a diverse and international community of around 30 nationalities

Warwick Global Energy MBA

each year. We place great importance on collaborative

This new MBA, launched in 2009, is a part-time

learning, teamwork, a friendly personal approach

programme which combines the development of

and offer great opportunities to form social and

strategic leadership skills with a focus on the global

professional networking groups. Participants also

energy industry.

Asia Pacific

able to harness my strengths, at the same time

WBS is especially noted for its quality, being one

Europe

myself, at things I took for granted. I’m now better

Executive (modular)

take language classes, have the opportunity to go on exchange with our global partners or complete an The MBA Career Guide Fall 2009 223

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WHU - Otto Beisheim School of Management

Latin America

Programme Type: Full Time MBA Specialisation by Function: General Management Full Time Course Information Start Dates: March Programme Duration: 16 months

Tuition Fee: EURO (€) 35000 / Total Program Cost Entry Requirements: Min. GMAT Score : 600 Min. TOEFL Computer Based Score: 250 Min. TOEFL Internet Based Score: 100 Min. Years of Work Experience : 2 Application Fee : EURO (€) 95

Contact: Heidrun Hoffmann Program Manager WHU – Otto Beisheim School of Management, Germany 2 Burgplatz Vallendar 56179 Germany Tel: + 49 (0) 261 6509-141 Fax: + 49 (0) 261 6509-149 Email: heidrun.hoffmann@whu.edu Web: www.whu.edu/mba

pursue set goals with creativity, commitment, and

North America

action flexibility. - Average age: 28 - Female participants: 32% - International participants: 55% - Work experience: 3-4 years Participants with a degree in engineering, natural sciences or law benefit most from the program. However, participants with a degree in business administration or economics find the program highly valuable due to a strong emphasis on integrating theory and practice.

Europe

Here is what our MBA alumni think of the program: “Having worked a few years in the IT industry, I felt that the lack of business knowledge restrained me from catapulting into something bigger. That’s when The WHU – Otto Beisheim School of Management a

their career:

I decided to come to WHU. And there’s been no

private university located in Vallendar near Koblenz,

• BSc – WHU Bachelor of Science after 3 years of

looking back since. The MBA program prides itself in

was the first school in Germany to offer an academic degree in business administration emphasizing the

Asia Pacific

strategic leadership of corporations. The school sees its main mission in educating general managers and entrepreneurs. WHU is truly international. Over the past twenty years, WHU has established a worldwide, unique cooperative network with more than 150

• MSc – WHU Master of Science after 18 months of study • MLB – Bucerius/WHU Master of Law and Business after 1 year of study • MBA – WHU Master of Business Administration after 16 months of full time study

imparting quality education employing a dynamic mix of classroom sessions, working in student teams allowing for developing interpersonal skills, cracking case studies, brainstorming new business ideas and allowing for some leisure time to indulge-in as well. Add to that, an international perspective that comes from classmates from different nations and

universities from all continents. It was the first

• Executive MBA – Kellogg-WHU Executive Master of

with varied levels of experience, exchange programs

German university to receive EQUIS accreditation

Business Administration after 2 years of part-time

with Ivy league B-schools around the world and the

(1998) and is now a member of AACSB.

study

feeling of being at one of the best business schools

WHU is continually ranked among Germany’s top

Australia & New Zealand

study

business schools (e.g. # 12 worldwide for our KelloggWHU EMBA Program in the 2008 Financial Times Ranking, # 3 in Europe in the same ranking). In the

• Dr. rer. pol. – WHU Doctoral Program

in the world and calling it “alma mater”.”

• Dr. rer. pol. habil. – WHU Post Doctoral Program

Aditya Parab Indian, MBA class of 2009

(Habilitation) • Customized Corporate Programs (e.g. for the METRO Group)

“I chose the MBA program because of its pragmatic

first EMBA-ranking of the Wall Street Journal 2008

• International MBA modules delivered to MBA

approach. Cultural diversity is well represented in

Kellogg-EMBA with its Joint Executive MBA Program

programs of overseas partner universities (e.g.

the student body, with students from South Korea,

at WHU took 1st place. WHU is the only member of

Carnegie Mellon University, Melbourne Business

Russia, India and South Africa. Moreover, the diversity

the German Research Foundation among private

School).

of our educational backgrounds, ranging from the

German universities.

Student Profile

USA to Europe, provides an international exposure that enhances the global view and atmosphere at

The school offers a wide range of degree-awarding

Our participants come from a wide variety of

WHU.”

programs according to the needs of (future)

backgrounds and nationalities. They are trained in

management professionals at different stages of

sharing knowledge and individual experiences to

Cem Savas, HSBC, UK Turkish/German, MBA class of 2006

224 The MBA Career Guide Fall 2009

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Take your MBA Applications to the next level: Meet Admissions Directors from top business schools for exclusive and indepth one-to-one sessions. This free event is by invitation only. Apply now for your chance to get involved:

www.topmba.com/connect

Organised by

TOPMBA CONNECT 1-2-1 Fall 09 MBACG Ad.indd 1

5/8/09 15:58:28


Regional focus asia

MBA recruiters pass unique verdict on India’s business schools By Ross Geraghty

M

ost people don’t need to be reminded that it’s fiercely competitive out there in the wide world of business. International recruiters at the top blue chip firms, seeking the best MBA graduates to lead their companies, refer more and more regularly to the ‘war for talent’ in interviews and on corporate websites. They are more than aware of the constant evolutionary process of rapidly globalizing businesses and of the amount of effort, finance and strategy that is required to entice the very best talent from this 21st Century battlefield through their doors. Echoing this, the world’s top business schools find themselves liaising ever more closely with the business world to learn their specific needs. Not that business schools and the ‘real world’ were ever too distanced in the past – indeed most top business schools’ faculty are drawn from the top echelons of international business, proving that the war for talent exists at faculty level too. But increasingly, courses are being created to provide 226

specialized skills to MBA graduates, while remaining within the intrinsically general business nature of the course.

Recruiters In recent years, Indian business schools have stepped up to the crease, according to the world’s biggest MBA recruiters in an exclusive Jan 2009 report. The QS Global Top Business Schools 2009: The Employers’ Choice provides exclusive feedback from 619 prestigious international MBA recruiters as to the world’s best business schools. The recruiters, from dozens of different services and industries, include such names as Accenture, Goldman Sachs, Johnson & Johnson and Google. These are the blue chip companies setting the standards they expect from the world’s business schools, and which provide the yardstick against which others are measured. The report shows that India’s business schools are achieving greater recognition amongst the international business community. The ‘ABC’

TopMBA Career Guide www.topmba.com

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Regional focus asia

of Institutes of International Management at Ahmedabad (11th in the Asia Pacific region, up from 12th the previous year), Bangalore (6th, up from 9th) and Calcutta (12th up from 17th) all featured strongly in the report with IIM Bangalore cementing its place in the Top 10 of Asia Pacific business schools for the second year running. A strong placing by the Indian School of Business (13th up from 20th) and SP Jain Institute of Management and Research (21st) cemented the fact that India is providing a major business school presence in the Asia Pacific region.

War for talent As the war for talent rages, despite the recession, a business school’s reputation with recruiters and MBA candidates, is of paramount importance both to business schools and the people who hope to attend them. For the best students, attending a school at the highest echelon of the industry, meaning those with access to the world’s largest MBA recruiters, has never been more important. The success of Indian schools in this kind of survey is great news for the country’s many thousands of MBA aspirants as well as international students who wish to study overseas in places like India. So why are Indian business schools doing so well in recent reports? Alok Jain, Admissions Tutor at IIM Ahmadebad, says: “The world is looking closely at India and it makes a lot of difference for any employer looking for a global dimension. The economy is booming, big investments are coming in and the large population has become a major strength of the country. India has a huge young generation segment, more so than China. For any economy there is a lot of market available so there is a lot of potential for companies. Indian Business Schools like IIMA believe in providing unique Indian business cases in class. That is why Indian schools are improving day by day.” The report is also totally unique in that it ranks the most popular schools by region and discipline. As well as the strong regional showing by Indian business schools, they also featured particularly strongly in the finance discipline. Indian schools did not perform quite so well in other fields such as marketing and entrepreneurship, however. Although not necessarily

Mumbai University

competing with some of the top US and European schools, this may be a concern to the program managers of India’s biggest MBA providers. Top 10 Schools in the Asia Pacific Region (alphabetical order) • Australian Graduate School of Management • China Europe International Business School (CEIBS) • Hong Kong University of Science and Technology • Indian Institute of Management, Bangalore • INSEAD Singapore • Macquarie Graduate School of Management, Macquarie University • Melbourne Business School, The University of Melbourne • Monash University Graduate School of Business • Nanyang Business School, Nanyang Technological University, Singapore • NUS Business School, National University of Singapore Next 10 Schools in the Asia Pacific Region (alphabetical order) • Asian Institute of Management • Australian National University National Graduate School of Management • Chinese University of Hong Kong • Guanghua School of Management , Peking University • Indian Institute of Management, Ahmedabad • Indian Institute of Managemet, Calcutta • Indian School of Business • Tsinghua University School of Economics & Management • University of Hong Kong • UTS University of Technology Sydney. Graduate School of Business “Overall I think the report shows that Indian business schools are really getting their act together and are doing things right,” says Nunzio Quacquarelli, managing director of QS and expert in the international MBA industry. “It shows that global recruiters, not just local ones, are looking closely at Indian schools and graduates of those MBA programs, and are seeing the quality and value of the education those schools provide.” Are Indian business schools still playing catch up? Alok Jain says: “There is still work to do. American and European models have more researchrelated output where Indian ones have a close co-ordination with Indian business and economy, and we are developing course curricula according to what the industry is asking for. It’s especially true in mergers & acquisitions, as many businesses are being acquired by Indian entrepreneurs. This was not the trend 10 years ago. Slowly we are developing international aspirations and requirements and developing courses to meet these demands.” QS Global Top Business Schools 2009: The Employers’ Choice canvassed the opinion of human resources decision-makers. These have the most objective and informed opinions as to which are the ‘best’ business schools, and this makes them ideal candidates to respond to such a survey. Nunzio Quacquarelli, author of the report, says, “When HR managers choose from which business schools to recruit, they will draw from a wide range of information sources, evaluate their experience of MBA alumni currently working at the firm and canvass their opinions, assess the quality and efficiency of schools’ career services and the reputation of the school, globally and locally, look beyond rankings and examine the facilities, the course content and the quality of students.” One thing is for sure. As the Indian economy flourishes and the world’s big businesses start to take the country more seriously as a business proposition, the country’s business schools and those who want to enter MBA courses there, are booming with it. And this can only be good news for the next generation of Indian business leaders.

TopMBA Career Guide www.topmba.com 227

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Programme Type Executive MBA International MBA Master of Science Graduate Diploma

Leadership Social Psychology

Application Fee USD200

Course Start Date Feb / July

Tuition Fee USD22,000 to USD35,000

Specialisation by Function Finance Marketing International Business Psychology Counselling Information System & Computing

Programme Duration 12 to 18 months Entry Requirement GMAT Score: 600 Min 2 years work experience

North America

Latin America

Aventis School of Management Contact: Admission Department Aventis School of Management 100 Orchard Road, #04-100 Concorde Hotel Singapore 238840 Tel: (65) 6720 3333 Fax:(65) 6720 2222 Email: admissions@aventis.edu.sg Web: www.aventis.edu.sg

future challenges of businesses across the world.

SHAPING GLOBAL LEADERS

Students work closely with peers and faculty rich in

Aventis’s strong emphasis on integrity and social

professional experience to form life-long friendships

responsibility helps shape global leaders who can

and business relationships.

lead with care, inspiration and wisdom. Shaping Global Leaders, who command respect through the

ASM’s unique approach of integrating research

way they live, learn and lead.

distinction with cutting edge business innovation allows business leaders to test their acquired

Student Profile

knowledge in the business world, providing Real

James Robbins,

World Solutions to today’s business challenges.

Associate Director, Arc Worldwide

Asia Pacific

Europe

AVENTIS SCHOOL OF MANAGEMENT

Executive Master of Science in

Aventis School of Management (ASM) is a leading

AVENTIS SCHOOL OF MANAGEMENT (ASIA)

Marketing

Graduate School which is an affiliated member

Aventis Asia attracts top talents from across the

After

of the European Foundation for Management

region, providing a valuable regional business

experience why do a masters? It’s a

Development (EFMD) and European Council for

network. Candidates are drawn from a rich diversity

good question regardless of your experience and one

Business Education (ECBE). Unlike most business

of industries, nationalities, and knowledge, which

that can’t be taken lightly either.

schools which rely heavily on academic research,

enhances the learning environment through class

Aventis’s rich industrial heritage sets it distinctively

discussion, group work, and presentation instead of

For me it was a case of wanting to consolidate and

apart through its unwavering commitment towards

purely academic examinations.

formalize all the knowledge I have gained on the job

10

years

of

business

delivering practical real world applications and

and to fill in the gaps. Being solely focused on digital

COMMITMENT TO HUMAN CAPITAL professional bodies including the Chartered Institute DEVELOPMENT

marketing has paid dividends for my career to date

strategies. Through its close collaboration with

and the future looks brighter each day, but I still had

of Marketing (CIM UK); American Association for

In today’s knowledge-based economy of the 21st

Financial Management (AAFM) and The Centre for

century, excellent organizations are differentiated by

Behavioral Sciences (CBS), Aventis qualifications

their human capital and the superior products and

It wasn’t a fast and easy decision to commit to a course

are industry driven and recognized by professional

services which are produced by skilled & talented

at this stage in life. After careful consideration and

bodies internationally. Aventis serves as the locus

professionals. Organizations that are dedicated to

researching my options Aventis Baruch Singapore was

for professionals and leaders to share; explore and

developing their human capital through continuous

the obvious choice. The spacing between modules

exchange real life solutions to business challenges.

training and skills upgrading will be able to

affords time to balance work, study and life. The

Every year, business leaders from across the world

strengthen their capabilities to achieve competitive

course is also flexible enough to work around busy

gather at Aventis to share and exchange business

advantage. Aventis is dedicated and committed to

spells in the office. For example I had to defer a couple

knowledge and experiences

Human Capital Development and actively supports

of modules to the following year to allow for business

and contribute to major HR Conferences and events

travel. It’s taken the pressure off, giving me peace of

across the region in line with Aventis mission to

mind to enjoy a higher quality of focused study time.

a feeling there was more knowledge to acquire.

promote and celebrate lifelong learning.

Australia & New Zealand

REAL WORLD SOLUTIONS TO BUSINESS The lecturers, whom all fly over from New York, CHALLENGES • Prestigious HRM Awards 2009 - Proud Sponsor of have been inspirational. From captains of industry At Aventis, we believe that business concepts and

one of Singapore’s pre-eminent HR awards of the

to academic intellects, they make the daunting

theories are only effective if it can be converted into

Year for Best Graduate Development.

weekends fly by. I can’t emphasize enough how

business strategies and practical applications. Aventis

• The Singapore HR Awards 2009, organized yearly

rewarding and energizing they are. The relevance

faculty is actively engaged with the business industry

by Singapore Human Resources Institute (SHRI) to

and direct application of all the course material has

to bring to the classroom the latest knowledge of

celebrates leading HR practitioners in their drive

helped my career tremendously.

real-world business issues. We also frequently engage

for impactful human capital strategies.

business speakers to share with our student current business challenges and solutions.

• Singapore HR Congress & Business-Connect

Be warned, it’s not easy. Join this course with your

Exposition 2009, organized by the Singapore

eyes wide open and be prepared to work. Conversely

Human Resources Institute (SHRI)

everyone on the course wants to be there, they all

We offer an unsurpassed experience in accelerated

• HR Summit 2009 where world renowned business

want to contribute and do the best they can, so you

learning that fosters both intellectual growth and

speaker, Allan Pease will participate in the plenary

will have a first class support group and team around

the development of new tools to meet current and

session

you. Good luck!

228 The MBA Career Guide Fall 2009

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China Europe International Business School (CEIBS) Programme Duration: 18 months

Specialisation by Function: Finance General Management Marketing

Tuition Fee (2009 class): USD ($) 45,000

Application Fee: USD ($) 120 Full Time Course Information Start Date: August

Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : Not required Min. TOEFL Paper Based Score : Not required Min. Years of Full Time Work Experience : 2

Contact: Steven Ji, Senior MBA Admissions Manager China Europe International Business School (CEIBS) # 699, Hongfeng Road, Pudong Shanghai 201206, China

Latin America

Programme Type: Full Time MBA

Tel: +86 (21) 2890 5308 Fax: +86 (21) 2890 5200 Email: admissions@ceibs.edu Web: www.ceibs.edu

• Cross-functional Curriculum Integration functional lines of responsibility, managers must be competent in cross-disciplinary analysis, solution generation and communication. CEIBS curriculum includes several applied integration modules that require students to innovatively and systematically solve practical business problems using knowledge and skills they’ve acquired in earlier business

North America

To solve the business problems cutting across

courses. The modules are spread throughout the MBA curriculum to reinforce and build upon each stage of learning.

• Flexibility and Choice CEIBS new MBA curriculum gives you the flexibility

The China Europe International Business School

in an intensive 18-month, full-time programme

International Standard Faculty

(CEIBS) is a non-profit joint venture established by the

taught exclusively in English. Students may also

The faculty at CEIBS have attained impressive

Chinese government and the European Union (EU)

take part in the school’s impressive international

academic and professional reputations in China and

in 1994 and is the first institution to offer a fulltime

exchange programme with over 40 top-tier overseas

abroad. For four years, the school has been ranked

MBA and an Executive MBA (EMBA) programme in

business schools.

among the top ten schools worldwide in terms of the

Europe

to personally tailor the second year of your studies.

international diversity of its faculty according to the Financial Times.

only Asian business school to achieve top 25 global

CEIBS launched new curriculum reform in 2008. It

rankings for its MBA, EMBA, and Executive Education

mainly focuses on changes in the following aspects:

Programmes. CEIBS’ mission is to develop highly

• China Within the World

competent and internationally-oriented managers

CEIBS teaches the most advanced international

capable of working within the Chinese economic

business theories while attaching great importance

Diversified Student Profile

environment while adapting to the challenges of

to the practical application of these skills in China.

The students at CEIBS represent increasingly diverse

business globalisation, international competition,

Effective from 2009, four new elements will be

demographics - both regionally and globally -

and international co-operation.

added to the MBA curriculum. 1) Basic Chinese

reflecting the dynamics of China.

Student Profile

International Recognition

students in order to improve their marketability in

2009 Class Profile:

• CEIBS is accredited by EQUIS (European Quality

China’s dramatically growing economy. Those who

Total enrollment: 201

Improvement System) and AACSB (Association

do not speak Chinese when applying for admission

Country and region coverage: 19

to Advance Collegiate Schools of Business)

will be required to attend a Chinese pre-course in

International students: 37.3%

which demonstrates both the high quality and

the summer before MBA classes begin. 2) For the

Average age: 28.9

internationalization of the programme.

first time ever, China HR will be added to the list of

Average work experience: 5.4

• The CEIBS MBA programme was ranked No. 1 in

compulsory courses so that CEIBS graduates are

Female student: 32.3%

Asia (2004-2009) and No. 8 globally (Financial

equipped to handle this most difficult aspect of

Dual Bachelor degree or above: 31.3%

Times, 2009).

managing in the Chinese marketplace. 3) Another

Average GMAT: 695 (GMAT>=700, 55%)

Australia & New Zealand

language competency will be compulsory for foreign

new compulsory course is China Within the World,

Curriculum Synthesizing East and West

emphasizing important economic, political, cultural

The CEIBS MBA programme is designed to ground

and trade issues that impact those who do business

students in the fundamentals of management, while

with and within China. 4) Finally, the school will

also providing the flexibility to tailor the programme

dedicate significant resources to staging China

to meet their individual interests and career

Discovery Week - an intensive lecture series that

ambitions. At CEIBS, students learn managerial skills

explores contemporary issues in China business.

Asia Pacific

Chinese mainland. Today, CEIBS has become the

The MBA Career Guide Fall 2009 229

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Latin America

Cornell-Nanyang Institute of Hospitality Management Programme Type: Full Time MBA

Hospitality Real Estate

Joint Degree Programmes Offered: Master of Management in Hospitality

Full Time Course Information Start Dates: May

Entry Requirements: Min. GMAT Score : 600 Min. TOEFL Internet Based Score : 100 Min. TOEFL Computer Based Score : 250 Min. IELTS : 6 Min. Years of Work Experience : 0

Programme Duration: 12 months

Application Fee : USD ($) 75

Specialisation by Function: Hospitality Management Specialisation by Industry: Consulting

Tel: +65 6790 6240 Fax: +65 6794 9796 Email: acjulaton@ntu.edu.sg Web: www.mmh.cornell.edu

Tuition Fee: USD ($) 56,675 / Per Year

The MMH offers specialized

North America

career tracks - Real Estate

Europe Asia Pacific Australia & New Zealand

Alexander Y. Liu, MMH ‘09

Marketing

Marketing Services Manager

Institute

of

Management,

Operations and Revenue

InterContinental Hotels Group

Management, and Human

Asia Pacific

These

Cornell-Nanyang

Alumni Profile

Finance and Investment,

Resources

The

Contact: Ann Marie Julaton Marketing Manager Cornell-Nanyang Institute of Hospitality Management S3-B1A-35, Nanyang Avenue Nanyang Technological University Singapore 639798

Management.

specialized

career

As

Marketing

Services

tracks ensure that MMH

Manager,

students

with

multi-brand

initiatives

the breadth to work in any

conjunction

with

graduate

Alex

handles in

various

sector of the hospitality

media partners and creative agencies. Born and

industry, as well as the skills

raised in the United States, Alex has worked with

and knowledge to pursue

various media and advertising companies before

a specific niche. The world-

joining the MMH program.

Hospitality

renowned faculty in Ithaca and Singapore lead the

Management (CNI) is a partnership between Cornell

learning experience and serve as a resource for

“My fascination with food, travel, and people, and my

University’s School of Hotel Administration and

insights on cutting edge developments in the field,

deep passion for Asian culture have naturally drawn

Nanyang Technological University’s Business School

and connections with key industry leaders.

me to the hospitality industry. The MMH program

and offers a joint degree – Master of Management

provided me with a holistic and comprehensive

in Hospitality (MMH). Cornell University is the only

MMH students gain incredible career connections

understanding of this industry, and put me in a

Ivy League university to offer a master’s program

through continuous interaction with executives and

position where I could take advantage of prime

in hospitality management; The Nanyang Business

an alumni network that spans the globe. Graduates

opportunities in Asia.”

School is a premier business school, ranked in the

of the MMH program are part of a large, global

top 25 MBA programs globally. CNI is housed at

community that facilitates the implementation of

“The joint MMH program provided me a diverse

the scenic NTU campus in Singapore and aims to

their ideas in a fast-paced business environment.

learning environment, filled with opportunities to

develop leaders, managers and entrepreneurs for

MMH graduates are entrepreneurs, restaurateurs,

connect with a global network of hospitality leaders,

the Asian hospitality and tourism industry.

developers, analysts, consultants, corporate directors,

and learn from world-renowned faculty. The industry

and managers of hotels, resorts, and spas.

connection was invaluable as it helped me in my job

The MMH degree (accredited by AACSB International

search. For anyone who has a strong inclination

and EQUIS) is a one year intense program, where

The MMH degree is the hospitality industry’s

towards hospitality, but does not know where to

students spend six months in Singapore and six

gold standard for advanced study; and admission

start, the MMH program is a great way to break-

months in Ithaca, New York. The MMH is equivalent

requirements

down barriers and jumpstart your career.”

to an MBA and has an exclusive focus on the

demonstrate leadership ability, initiative and a

hospitality industry. MMH students leverage their

commitment to hospitality. Undergraduate degrees

existing knowledge while learning about the

can be in any subject, and must show high academic

hospitality industry in a challenging and fast-paced

achievement. Most importantly, candidates must

environment. This one year investment minimizes

be ready to join a global community of hospitality

opportunity costs, reduces time out of the workforce

leaders who change the world. From Boston

and the overall cost of tuition. The MMH is designed

to Beijing to Bangkok…… from classrooms to

to meet the needs of current industry professionals,

boardrooms in Moscow and Mumbai to guestrooms

career-changers, and recent graduates who have a

in the rainforest and desert oasis……this is the one

passion for hospitality and performance. The MMH

for you.

are

rigorous.

Candidates

must

prepares students to be theory-based, actionoriented leaders of executive management teams and entrepreneurial ventures, in the hospitality industry.

230 The MBA Career Guide Fall 2009

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Global MBA in Kyoto

Joint Degree Programmes Offered: MBA Only Specialisation by Function: Asian Business and Management Business and Society Business Communication in Chinese Business Communication in English Business Communication in Japanese Business Economics Business System Dynamics CSR and Business Ethics Doing Business with the Japanese

Environment Modelling Global Accounting Global Action Project Global Finance Global Human Resource Management Global Intensive Modules Global Leadership Global Management Global Marketing Green Management in Action Green Technologies Tomorrow Innovation and Technology Management Japanese-style Management and Marketing Japanese Technology Policy Knowledge and Innovation Management Making Sense of the Global

North America

Latin America

Programme Type: Full Time MBA

Economy Marketing Science People and Organization Project and Solution Research Research Seminar Sustainable Business Modelling Technology and Business Project Management

Full Time Course Information Start Dates: September Programme Duration: 24 months Tuition Fee: USD ($) 28700 / Total Program Cost Entry Requirements: Min. GMAT Score : N/A Min. TOEFL Computer Based Score : 220 Min. TOEFL Paper Based Score : 560 Min. IELTS : 6 Min. Years of Work Experience : 0

Contact: Masaaki Uneno, DBS Administrative Director Graduate School of Business, Doshisha University 3F Kanbaikan Karasuma-Imadegawa Kamigyo-Ku Kyoto, Pref. Kyoto 602-8580 Japan Tel: +81(75)251 4600 Fax: +81(75)251 4710 Email: ji-gmba@mail.doshisha.ac.jp Web: gmba.doshisha.ac.jp/

Application Fee : USD ($) 365

of success. DBS offers the opportunity

Global Action Project. Alternatively, students may

for students to engage with executive

also choose to remain in Japan. The programme is

managers of these Kyoto based global

further enhanced through Global Intensive Modules

corporations along with high profile

where high profile professors from leading overseas

academics of Doshisha and top

business schools (including INSEAD and Oxford)

overseas business schools including

offer courses premised on cutting edge research and

Cambridge, Oxford, Berkeley, INSEAD

long-time teaching experience.

Europe

and Xi’an. This innovative combination of theory and practice makes DBS the

An oasis of learning

ideal location to expand the horizons

DBS is located in a purpose built facility within the

of sustainable development and cross-

broader Doshisha University campus, itself in the

cultural management at the gateway

heart of Koyto, and f