IMBA viewbook : Fogelman College of Business & Economics

Going Places with an IMBA. FOGELMAN COLLEGE OF B U SI N ESS AN D ECONOM ICS

InternationalMBA Program

Driven by doing.

FOGELMAN COLLEGE OF B U SI N ESS AN D ECONOM ICS

InternationalMBA Program

Contents 2 Introduction 3

IMBA vs. MBA

4 Curriculum 6

Corporate Connections

8

Summer Studies Abroad

8

The University of Memphis

Th e I n t e r n a t i o n a l M B A P r o g r a m Th e U n i v e r s i t y o f M e m p h i s Fo g e l m a n C o l l e g e o f B u s i n e s s and Economics 101 Fo g e l m a n C o l l e g e A d m i n B l d g

10 Admission

M e m p h i s , Te n n e s s e e 38152

P H O N E 9 01 . 678 . 34 9 9 FA X 9 01 . 678 . 470 5 EMAIL

imba@memphis.edu

memphis.edu/internationalmba

G R A D UAT E A S S I STA N T S H I P S AVA I L A B L E F O R H I G H LY Q UA L I F I E D ST U D E N T S

Are you inspired to see beyond boundaries and work across cultures?

Then let your inspiration take you to the career you’ve always wanted.

country backgrounds, appreciating each other’s differences and learning together

While taking courses in the International MBA (IMBA) program at the

toward becoming tomorrow’s global managers. Experiential learning is at the

University of Memphis, you will develop the business skills, country

heart of our IMBA program, which features a an overseas summer study

understandings, cultural competencies and global mindset to do business just

semester or an internship in a foreign country. The rest of our curriculum is just

about anywhere in the world. An IMBA classroom is unlike any other classroom

as impressive. Widely viewed as a strong academic program, our IMBA’s

setting you’ve experienced before. A select number of students are admitted and

interdisciplinary approach combines professional business education with the

balanced between U.S. and international students to provide a true multicultural

study of cultures, customs, languages and business practices

environment. You will work alongside classmates with diverse ethnic and

in your chosen region of the world.

ON BUSINESS IN

FRANCE

Why choose an IMBA instead of an MBA?

Business Conversation The economy is no longer confined nor defined by national

prerequisites for our students are a penchant for learning and a

borders. Advances in transportation and information technology

disposition for commitment. The curriculum is challenging, but

In France, business

have exploded, bringing the world together in unbelievable

the rewards can be outstanding.

conversation is

ways. More and more students are choosing an IMBA over an

quite formal.

MBA to build skill sets useful to this exciting and ever-

Don’t be the first

changing global corporate environment. Even long-term

to introduce topics ORIGINS OF OUR STUDENTS:

success in domestic markets depends on international skills.

of conversation UNITED STATES

Our IMBA prepares you to be a business leader anywhere in

ASIA

such as spouse,

LATIN AMERICA

the world.

children, pets, WESTERN EUROPE

The intimate class size allows you to interact with and

EASTERN EUROPE

hobbies or sports.

AFRICA

learn from your IMBA classmates — about half of whom originate from international countries. The bottom line is, all kinds of people with varied backgrounds and interests are enrolled in our IMBA program. The most important

3

The curriculum is as challenging as the results are rewarding.

Our IMBA environment is engaging. The discussions are eye-opening.

The program consists of four semesters. Three semesters of core and elective

The internships are interesting. The faculty are recognized experts in their

courses are offered in international business. Internships or study abroad

fields. You will be learning from leading scholars of international business.

opportunities are for one semester. The Fogelman College of Business and

Classes are held in a modern executive classroom with cutting-edge audio/

Economics will ensure that you receive a well-rounded business education. You

visual equipment. Classroom instruction leans toward open discussion rather

will gain the insight needed to masterfully conduct business in the international

than lectures. You will learn the finer points of dealing with business people

arena.

from a variety of cultures.

Each year only a select number of students are admitted, so classes are small.

It is highly recommended that prospective students apply early, ideally by late in the calendar year, for the coming fall semester.

To prepare non-business majors, one foundational course in each of the four following business subjects may be taken prior to beginning formal IMBA studies at any accredited university, including the University of Memphis:足Statistics, Accounting, Finance and Economics. These classes are recommended but not required for admission.

DOM ESTIC (U. S. ) ST U D EN T S

I N T E R N AT I O N AL STU D EN TS

U.S. students with three years of foreign

U.S. students without foreign language

International students receive an

language training can study the business

skills can specialize in the practice of

in-depth exposure to U.S. business

practices, culture and language of a variety

business in geographical regions where

practices and culture.

of countries such as China, Japan, India,

English is the primary business language.

Germany, France, Panama and Peru, just

This interdisciplinary curriculum reflects

students is conducted on the campus of the

Germans are sometimes

to name a few. You will gain practical

the rapid growth of regional integration and

University of Memphis, and internships

said to be rather stiff

experience through summer study and

business opportunities in world regions

are completed with U.S. firms.

and cool when doing

an internship abroad that offers an

that are increasingly important to the

business. Do not take

in-depth approach to understanding

United States. Study abroad and

from all over the globe, creating a diverse

it personally if your

international business.

internships are arranged in a region that

and exciting classroom.

business associate does

Note: Before studying abroad in a country that

utilizes English to conduct business.

ON BUSINESS IN

GERMANY Summer study for international

The IMBA program attracts students

Did I Do Something Wrong?

not smile, interrupts you,

requires foreign language skills, U.S. students are required to have six semesters of undergraduate

or speaks in a loud or gruff

study in their respective foreign language. voice. Unfriendliness is almost never intended.

5

Corporate connections make a world of difference.

The IMBA program at the University of Memphis

that the University

International Paper, Thyssen Krupp, Storage USA and

enjoys an elite status among major corporations.

of Memphis produces capable leaders in

AutoZone. The presence of these and other

Consequently, our graduates are in demand. The

international business.

internationally active firms helps the University to

University’s connection to premium internship

The City of Memphis is home to many firms that

opportunities, both at home and abroad, helps fuel that

are active in international business. Many of these

demand. We do our part to help place each student in

businesses are industry giants, with global name

a corporate environment that encourages growth and

recognition. Among these corporations are FedEx,

provides real-world experience. Corporations know

Smith & Nephew, First Horizon, Medtronic,

access internship and career placement opportunities for students.

A sample of companies sponsoring internships: ON BUSINESS IN

A. O. SMITH

GATE GOURMET

MILLIPORE

INDIA

ALTAIR TECHNOLOGIES

GENERAL MOTORS

MISSLBECK GMBH

India is a very diverse

AUDI

GRUPO IMSA

ROBERT BOSCH POWER TOOLS

country: multiethnic,

AUTOZONE

HYPO BANK

SMITH & NEPHEW

multilingual and

BDO CONSULTING

IBM

STEELCASE STRAFOR

multireligious. While

CEMEX

INTERNATIONAL PAPER

THOMAS & BETTS

India has 18 official

CUMMINS ENGINES

KOLB WELLPAPPE

UNITED AGRI PRODUCTS

languages, English is

DAUPHIN AFFICHAGE

MEDIA SATURN

VARCO PRUDEN BUILDINGS

the language of

ENERTEC

MEDTRONIC

VITRO

communication in

FEDEX

MESSE MÜNCHEN INTERNATIONAL

WRIGHT MEDICAL

urban areas.

7

CAMPUS VIEWS: THE UNIVERSITY OF MEMPHIS

Summer studies, a world away.

A student life you will always remember.

The University of Memphis is located centrally in Memphis, Tennessee.

One does not learn much about a foreign country and culture without experiencing Because Memphis is renowned for food, music and Southern hospitality, it is it firsthand. Our curriculum takes you overseas and into the heart of foreign easy to understand why so many students cherish their time in the city nations. Only after you immerse yourself in the culture and subtleties of another and on campus. There is never a lack for things to do in Memphis. nation will you truly understand how business is conducted in that country.

Take a stroll down Beale Street and duck inside some of the venues The University of Memphis has strong relationships with high-caliber famous for barbecue and blues music. Attend a basketball game at the universities around the world. Our partnerships with these quality institutions FedExForum, or bicycle through Shelby Farms Park. make our IMBA program globally recognized for its leading-edge instruction in international business. Students spend the entire summer at one of these institutions, gaining valuable experiences that are unattainable at home.

Many international universities and learning institutions are partnered with the University of Memphis. Here are just a few: University of Strasbourg, France; Catholic University of Eichst채tt-Ingolstadt, Germany; Osaka University of Economics, Japan; Nanjing University, China; Esan University, Peru; Indian Institute of Management, Bangalore, India.

ON BUSINESS IN

PANAMA You will find Memphis’ Rock ’n’ Soul Museum as entertaining as

neighborhood brimming with ambiance. Cutting-edge facilities

the National Civil Rights Museum is inspiring. Memphis in May

co-mingle with traditional, brick and stone buildings that create

Given its geography, Panama has significant

is a month-long international festival of music, Southern food,

the character of the campus. The faculty is over 750 professors populations from many

and the culture of a different country honored each year.

strong, including 23 Chairs of Excellence — more than any neighboring countries.

Graceland is open all year long, should you wish to pay tribute

other campus in Tennessee. Over 20,000 students attend the Panama is a beehive of

to the King of Rock ’n’ Roll, Elvis Presley.

U of M, hailing from virtually every state and from over 80 activity with

While Memphis has its charms, the University also has a

countries. The people you meet and the experiences you have commensurate growth

distinctive personality all its own. Though classified as an urban

will be ones you treasure forever. in its economy. Spanish

university, the 217-acre campus is located in a quiet, tree-lined language skills are essential to achieving business goals.

9

Admission to a premier program.

One class a year is admitted to the IMBA program each fall. Because the size of the class is limited, only qualified and dedicated students are awarded admission. Though students come from different countries,

International English Language Testing System (IELTS), in addition

backgrounds and cultures, all are selected based upon academic ability

to the GMAT or GRE. The IMBA Admissions Committee considers

and genuine interest in pursuing an international business career.

additional factors that point to achievement potential and international interests, including leadership skills, work experience, foreign

ADMISSION — An applicant to the IMBA program must have

language ability and three letters of recommendation.

completed (or be in the process of completing) a bachelor’s degree from an accredited four-year institution in the U.S. or an equivalent

APPLICATION — The IMBA Admissions Committee begins a full

foreign degree. Candidates must satisfy the requirements for admission

review of applications on February 1. Students are encouraged to send

to the University of Memphis Graduate School and the Fogelman

in their application materials for the early admissions review cycle,

College of Business and Economics. All applicants are required to

which begins at the start of the calendar year. Please note that

take the Graduate Management Admission Test (GMAT) or the

complete information regarding how to apply can be found on the

Graduate Record Examination (GRE). International students must

following webpage: memphis.edu/internationalmba/Apply.php.

take the Test of English as a Foreign Language (TOEFL) or

COST — Students attending the University of Memphis benefit

Business internships frequently provide monthly stipends

from very affordable tuition and fees for Tennessee residents, as

to offset some room and board costs. Students are responsible,

well as very competitive fees for nonresidents. In addition, the

however, for all costs including travel to and from assigned

CHINA

program offers a number of graduate assistantships, available to

foreign locations and for personal expenses.

Do I Shake Hands or Bow?

ON BUSINESS IN

highly qualified students, based on academic merit and In China, handshaking is

experience. Most graduate assistants work 20 hours a week on the common greeting.

projects for faculty and administrators in return for a stipend However, when meeting

and a waiver of FCBE tuition during the academic year. someone for the first time —

Applicants needing student loans are encouraged to complete for instance, upon arrival

appropriate financial aid applications as soon as possible. at a business appointment — immediately bow your head slightly and offer your business card with two hands.

Accept your colleague’s business card in the same fashion.

11

ON BUSINESS IN THE

UNITED STATES Why Is Everyone So Casual?

Across the U.S.,

What in the world do you want to do with your life?

don’t be surprised if someone addresses you

So there you are, a brochure in hand, with an exciting decision to make.

by first name only, or shortens

Is this the right time for you to seize this opportunity? Do you have what

your name from “Michael” to

it takes to reach out and find yourself in an international career? An

“Mike.” This casual approach

IMBA degree can help you achieve this goal. The world awaits.

to business is common in the States.

Learn more about our IMBA program by visiting memphis.edu/internationalmba.

memphis.edu/internationalmba

Driven by doing.

The International MBA Program · The University of Memphis · 101 Fogelman College Administration Building · Memphis, Tennessee 38152-3120 Tel: 901.678.3499 · Fax: 901.678.4705 · Email: imba@memphis.edu UOM449-FY1415/### PRINTER NAME