2017-2018 EDITION

GUIDE
Global Publication for MBA Applicants

The Globalisation of the MBA Can Leadership and Entrepreneurship Be Taught?

Viable MBA Formats Behind the Scenes: MBA Admission
Get a Feel for Business School The Charms of an MBA Degree
The IMD Master of Business The IMD Executive MBA
Administration (MBA)
Transformational leadership and
The skills to know, the confidence
execution journey for experienced
to act, the humility to lead
managers

No. 1 worldwide (2016), Financial Times TOP 3 wordwide (2016), Financial Times
Criteria: Aims Achieved, International Criteria: General management, Work
Mobility, International Faculty experience, International Faculty,
International Students, Corporate Strategy
No. 1 worldwide (2016), Bloomberg
Ranks: Alumni survey Salary TOP 10 worldwide (2016), Financial Times
Criteria: Entrepreneurship, Salary Today
No. 2 outside the US (2015), Forbes
Category: One-year MBA program

Full-time one year MBA Modular flexibility

in Switzerland across 7 global locations

Learn more Learn more

www.imd.org/mba www.imd.org/emba
+41 (0)21 618 0298 +41 (0)21 618 0700
 Guide T able o f C o n te n t S

MBA Overview Global MBA Features

The Globalisation of the MBA 6 School Profiles & Interviews 69
Curate Your Dreams and Make Things Happen 8 MBA Listings
The Triumph of the Self-aware 11 Highlights of Some of the Top MBA
MBA Selection Programmes in the World 119
Viable MBA Formats 14
Geotargeting Your Career 18 EMBA Guide
Get a Feel for Business School 22 EMBA Overview
MBA Spotlight With Age Comes Wisdom 126
Where Will Your American Dream Thrive? 26 To Bind or Not to Bind 130
Discover Europe 32 EMBA Format
A Brexit Roadmap for International Professionals 36 The Goddess of Time, Creation, and Power 132
The Treasures of the Middle East 38 C-Suite Style Learning 136
MBA Teaching Executive Learning 139
MBA Programmes Are Grounded in Innovation 42 EMBA Careers
Can Leadership and Entrepreneurship Be Taught? 44 Pragmatic Reciprocity 142
Tailor Your MBA Experience 47 Impactful Transformation 144
The Power of Being Authentic 50 EMBA Admission
MBA Careers The Virtues of Youth and Maturity 146
The Charms of an MBA Degree 52 Dancing in the Rain 150
A Taste of the Real Business Action 56 Global EMBA Features
MBA Admission School Profiles & Interviews 153
Behind the Scenes: MBA Admission 60 EMBA Listing
Master the GMAT: Build the Right Skill Set 64 Highlights of Some of the Top EMBA
Testing Your MBA Skill Set 66 Programmes in the World 172

Chief Editor: Christophe Coutat

Editor: Iliana Bobova

Concept: Advent Group

Graphic Design: Mariya Stankova

Disclaimer:
Graphic Design Assistant: Anastasia Zhivaeva Atendia accepts no legal responsibility for the accuracy
or otherwise of individual submissions. The editorial
Writers: Anna Vassileva, Anton Zhelev, team has endeavoured to ensure that all contributions
are correct at the time of publication. TOEFL, TOEIC and
Dimitar Ganev, Gabriel Hershman, GRE are registered trademarks of the Educational Testing
Iliana Bobova, Iva Doneva - Sirakova, Service. GMAT is a registered trademark of the Graduate
Kathy Hawes, Valentin Vassilev, Management Admission Council (GMAC). The views and
Vladimir Marinov, Zornitsa Licheva opinions expressed in this publication about the exams
above are those of the authors and do not necessarily
reflect the official policies or positions of ETS or the GMAC.
Proofreading: Parisofia
Copyright 2017
Printing: Market Trend The content of this publication is protected by copyright. All
rights reserved. No part of this publication may be copied
Publishing: Atendia or reproduced, in any form or by any means, without the
prior consent of the publisher.

ACCESS MBA GUIDE 2017-2018 3

 AI &
EDITORIAL

Management
Christophe Coutat
Founder and CEO
Advent Group
[email protected]

A s you read this guide, at least 10

teams are working to replace
the MBA diploma, its professors
and even future managers. Someone,
from our own company, just recently
really possible? Successful companies
nowadays comprise fewer and fewer
management levels and aim for maximum
ownership of responsibility from the first
level. So why not envisage a nonhuman
to some extent become managers in the
future. Each will have a resource manager
on their own level and will need to be able
to run it. AI will do away with many of our
unnecessary tasks Finally, what exactly
suggested in all seriousness that software pilot at the helm? does it mean to manage? It’s all about
incorporating Artificial Intelligence (AI) listening, mobilising, inspiring, motivating,
could take charge of our company What would come of human resource and making decisions. Those are all human
management, making good decisions management then? It must be possible characteristics and our goal must be
based on vast amounts of data and to create incentives in real time based on the best possible training in all types of
calculating probabilities: competition a benchmark, calculate every bonus spot relational and behavioural intelligence.
analyses, market opportunities, on, measure current projects analytically The key to success generally depends not
strategic risk management, internal on a daily basis rather than at the just on good ideas or decisions but on a
productivity analyses, comparison curves traditional annual review, produce reports trait specific to humans: grit.
of satisfaction and world demographic on demand at the touch of a button and
trends… This would make it possible to psychological progress reports based on The usefulness of the MBA, and in fact
decide the company’s future direction, 360° feedback on each employee, give of management in general, will not
where it must improve, in which sector time off when productivity slows or yawns only withstand the advent of AI but will
to invest its efforts. Further on still, come too frequently, and even check become one of its main strengths. With
it could even drive our innovation! motivation by regularly asking us how we one proviso: that instead of trying to fight
Changing our working methods on the feel! It seems unreal but this is already the intelligent machine by teaching MBA
basis of the analysis of thousands of other tomorrow’s HR management. students science and logic, it concentrates
companies and comparisons of culture on soft skills, which are deficient in
and psychological profiles, detecting So, what about the need for management undergraduate level. We can only wonder
customer service opportunities through training in this case? More than ever. whether the MBA might one day be taught
complex algorithms of satisfaction… Firstly, it will always be necessary to by virtual professors. Let’s hope that the
know how to oversee, adjust, and even logic above would apply.
Management, decision-making and contradict any scientific management
even innovation performed by an AI model. Difficult to teach one about ethics, In all scenarios given, machines should
robot connected to colossal databases tolerance, listening, and disruption. But certainly help us, be it in management or
not currently accessible to man – is that more especially because all individuals will teaching, to become more human.

4
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 The Globalisation
MBA OVERVIEW

of the MBA
The MBA is valued across industries and career paths

L
iterally, the MBA is everywhere Today, the three words behind the MBA – on a particular business area such as
– in every part of the globe, Master of Business Administration make aviation, luxury goods and services,
in every industry, in various this short abbreviation a word with global family business, real estate, marketing,
formats. With the degree in meaning. The MBA-holder is a business supply chain management, healthcare,
your hands the gates to your leader with a global mindset, a wide investment management, etc. These
professional development, in professional network, open to diverse programmes prepare competent, ready-
whichever sector of the economy perspectives, and ready to fuse into an for-the-job professionals with knowledge
you wish to go, open immediately. international environment and propose and skills tailored to the needs of a
solutions to global problems. particular industry.
The MBA translates globally
Value across industries Untraditional career paths
Business schools around the world
have grasped globalisation and the Traditionally - the MBA was a degree For quite a while the MBA was considered
requirements of the dynamic business in general management. With the a valued qualification for corporate
environment. “Globalisation is a disruptive diversification of the economy, options for careers. The degree was primarily a
force; managers need to prepare for it. specialisation have evolved over time and career accelerator, helping graduates
[…] And the rate of globalisation is only specialised MBA programmes emerged on either climb the corporate ladder within
going to increase,” Bob Bruner, dean of the scene. Participants in the programme their current company or open the doors
Darden School of Management of the can now choose among elective courses, to new opportunities. Once used as a
University of Virginia (US) was quoted as concentrations, or specialisations in springboard to top C-level management
saying by The Economist magazine. So addition to the core curriculum or even posts, today an MBA degree has
business schools created a qualification choose between fully specialised MBAs. evolved into a stepping stone for mid-
to match the trends. The specialised MBA programmes focus management careers as well. However,

6
the value of an MBA is now recognised the one-year format is also prevailing, living and working in, you’re facing global
beyond the multinational corporations – fees can be a bit lower. Those who plan competition, and the need to be a more
by entrepreneurs, in SMEs (small and to study in a full-time programme abroad professional manager. The need for the
medium enterprises) and particularly should factor in the additional cost of living best possible business education you can
startups, as well as in the public sector. and travel, as well as the duration of the afford has never been more important or
programme. The price of an online MBA desirable,” Andrew Main Wilson, AMBA
Diversity and selectivity degree is very similar to that of a campus- Chief Executive, was quoted as saying by
based degree. Tuition costs range from Poets and Quants.
MBA-bound professionals enjoy a diversity USD 7,000 to more than USD 120,000.
of options to choose from. Accreditation Findings of the 2016 Prospective Students
bodies that ensure rigorous evaluation Even though the tuition fees of some Survey Report of the Global Management
of the quality of education provided by MBA programmes are skyrocketing, Admission Council (GMAC), based on the
B-schools list about a thousand MBA feasible financing options such as responses of more than 10,000 prospective
programmes. As of February 2017, generous scholarships and fellowships business school students, reveal that about
the oldest accreditation agency AACSB offered by the B-school, government or half (57%) intend to study internationally.
International (US) listed close to 800 NGO, employer sponsorship, bank loans The top 10 B-school destinations (in
B-schools in 52 countries, EQUIS listed or education loans from non-banking descending order) are on three continents:
167 in 41 countries, and AMBA accredited institutions, can make MBA studies the United States, the United Kingdom,
218 business schools in 70 countries. affordable. Canada, France, Germany, Singapore,
However, participation in rankings or in Australia, the Netherlands, Spain, and
an international accreditation review is The MBA is everywhere Switzerland. The other half of prospective
not obligatory, which leaves a myriad for you students coming from all parts of the
of not-ranked and non-accredited MBA world intend to study locally. The good
programmes out there for applicants to “The boost to applications proves that news is that MBA programmes are now
consider as well. “It continues to be the high-quality postgraduate management available everywhere in a diversity of
case that all schools and programmes need education is still desirable in a world that formats for whichever career path in
to be clear about their value proposition is more competitive, global, and uncertain business leadership you choose and at
and how they are distinctive. This will help than ever. […] Whichever country you’re costs adapted to different markets. □ I.D.-S.
to continue the overall improvement in
the quality and range of MBAs available
in the market,” Professor Patrick Butler,
MBA Programme Director at Monash
Business School in Melbourne (Australia),
was quoted as saying by Forbes magazine.

Admissions requirements and admission

rates also vary greatly, leaving plenty
of options to choose from. Some top
B-schools are highly selective as they
admit less than 10% of applicants and
the average GMAT score is 730 on a 200
to 800 scale. Others are more flexible and
welcome alternatives to the GMAT, such as
the GRE, or a school’s own admission test
or just a language test (TOEFL or IELTS),
thereby implementing another approach
to selecting the best MBA candidates for
their programmes.

Affordable options

The range of MBA programmes’ tuition

fees is quite wide – from below EUR 10,000
for some online or local MBA programmes
to more than EUR 100,000 in a top -10
business school. In the United States,
where the traditional two-year format is
still prevailing, the average tuition exceeds
USD 60,000. The average tuition fees of
reputable MBA programmes in Europe
are about EUR 50,000 and the established
format is the one-year one. In Asia, where

ACCESS MBA GUIDE 2017-2018 7

 MBA OVERVIEW
Curate Your Dreams
and Make Things Happen
The right time for an MBA
S
tudying for an MBA degree is is a challenging endeavour, and a certain
a long-term plan for some and level of personal development, personal
a spontaneous decision for growth and self-improvement will help
other aspiring business leaders. you maximise the benefits you derive from
How do you know that the time and provide to the programme. The right
has come for you to consider time for an MBA is when you are ready for
an MBA? At what stage of your a change professionally, personally, and
professional and personal life can career-wise. You have to be ready not only
you benefit most from immersion to share your professional experience but
in business school and taking a also to learn from others, and to be open
break of a year or two from a to feedback and new perspectives. Having
successful job? a career plan or a professional project that
can clearly be boosted by an MBA and
Are you ready to grow? being ready to commit to business school
studies are the most essential indicators
Stop and take the time to look at yourself that the time has come to consider an
and your future. There is a good reason MBA. However, there are other aspects
why admissions officers are looking for that one should factor in when planning
candidates who are mature, demonstrate the next step in your career development
solid self-awareness, and know what they journey – pursuing an MBA degree.
want to achieve in life. The MBA is always
about a desired change, about growth, Where are you in your The MBA represents a
about taking the next step. The MBA is career?
not just a diploma and a brand on your life-changing experience,
CV. The MBA represents a life-changing One factor that plays a crucial role in
experience, personal transformation, choosing the right time for an MBA degree personal transformation,
professional development, new networks, is the stage of your career and whether professional development,
recharging, and starting the engines to make you are interested in a corporate career or
a difference. MBA studies are a once-in- entrepreneurial ventures. If you have already new networks, recharging,
a-lifetime experience and they should be built up several years of experience at one
undertaken for the right reasons. In doing company, have considerable responsibilities, and starting the engines
so you will boost your professional projects, and are striving to promote yourself within to make a difference.
make a difference in the MBA programme, this organisation, you may need an MBA
and make new partners and friends for life. degree to make the next move. Other right
moments for such a step would be if you
“Everything I had ever done professionally are aiming at a senior managerial position
until the MBA I had learned on the job, in a large multinational corporation or if you
so I was looking for a more academic want to switch to another industry after
understanding of these tasks. I wanted several years of experience.
to know how to read a balance sheet; I
wanted the basics of accounting, the basics In these cases it would be reasonable
of marketing. I thought that having these to interrupt your career and commit to
skills could really help me solidify my career, business school for one or two years of
and they did,” shares Alexander Eldred, full-time MBA studies. However, if you have
MBA Class of 2016. After completing just landed a new job or have worked at a
his MBA at HEC Paris, he underwent a company or in a non-managerial position
complete career transformation, changing for less than a year, it will be too early
job sector, function, and location. to apply for an MBA. On the one hand,
a year is not enough to unfold your full
Your decision to pursue an MBA should potential and progress in terms of higher
rest on three pillars – a clear goal, a well- responsibilities. On the other hand, most
thought-out plan of how to reach it, and business schools place great value on
solid self-understanding. You also need their applicants’ work experience, career
to have a very clear idea of how the progression, achievements, and lessons
MBA programme you have chosen will learnt. Give yourself more time to build
help you approach that goal. The MBA a professional skill set and a profile that

ACCESS MBA GUIDE 2017-2018 9

will enable you to benefit from business to know that MBA students in US business Bentley are among the highest paid in the
school studies and contribute to the peer schools are usually younger than those in country. PayScale ranked Bentley graduates
learning process that is essential during an European B-schools. One reason is that in #4 in its 2016-2017 College Salary Report.”
MBA programme. the US MBA programmes traditionally last
two years and most institutions require How does personal life
Would-be entrepreneurs are faced with a less work experience – two years, not the come into play?
difficult choice, although the knowledge three of most European B-schools. For
acquired from MBA studies may be essential example, the average age of students at Last but not least, you should carefully
for people who want to set up their own INSEAD’s Class of 2017 in the 10-month consider whether your study responsibilities
business. They have to decide whether to MBA programme is 29, while the 2018 would place too much strain on your
go to business school, where they would MBA class of Harvard Business School is 27. personal life. Timing is crucial, especially
gain knowledge and expand their network for those who plan to start a family.
but end up saddled with debt, or to invest A Bloomberg analysis suggests that there Opting for a full-time MBA abroad when
the money in their business, learn on the is a relationship between the age of MBA you have dependants (family, partner,
job or hire MBA graduates. If this is your applicants and their postgraduate pay and children) may be difficult. You should
situation, you should consider all the levels. It shows that pay levels stand decide in advance whether your family
advantages and disadvantages carefully. at about USD 120,000 for graduates will accompany you abroad. What your
between ages 28 and 34, peaking at the partner will be doing while you study is
When you feel you are ready to take the age of 30 and then dropping off steadily also a question that needs to be addressed.
next step – to learn, change, and grow – to USD 110,000 at 36 or 37. However, In addition, you may have to check out
make sure you give yourself the right it has to be noted that the latter age the visa regulations and school support
amount of time for it. Karen Crisostomo, group may have the more viable option services for dependants. “It is important
IESE MBA Class of 2017, shares: “I chose of an Executive MBA aimed at senior to determine whether you have sufficient
the IESE MBA because it was a two-year management and leadership positions. funds to support yourself and your
programme. The first year is when you learn dependants,” highlights the International
about yourself, you curate your dreams, Students who have just graduated from Student Services office of the University
and you explore. The second year is when college and have no work experience of Wisconsin – Madison (US). In some
you make things happen. Being an expert but want to continue their education in countries work restrictions can apply to
in anything takes time. A year felt too short, a business-related field may opt for a dependants, and they might be limited
while two years seemed just right.” Master’s degree in Business Management. to part-time study options, advises an
Another option is to look for an institution article in the US News and World Report
Does age affect your MBA which requires less or no work experience, on international students with dependants.
decision? such as the Emerging Leaders MBA at
Bentley University (US). The programme An MBA degree can help you gain
Most B-schools do not restrict the age of description highlights: “This two-year, knowledge and expand your network.
applicants, but focus rather on relevant full-time programme is designed for However, the right time to do an MBA will
work experience and expect at least three to young professionals with little to no work vary between individuals. To determine the
five years of industry experience. However, experience and provides the knowledge, right time for you, you should be aware of
this naturally has an implication on the confidence, and experience required to your goals and have a well-thought-out plan
age of MBA students. When it comes to make immediate contributions upon being of how to balance your studies, professional
selecting where to study it might be helpful hired. Master’s degree recipients from and personal life. □ A.V.

10
 The Triumph

M B A Overview
of the Self-aware
Optimise the MBA experience by asking
yourself the right questions

T
he MBA degree requires a Now, it is a modern blend of theory and
clear understanding of one’s practice focused on leading people, rather
career aspirations in order than an academic amalgamation of views
to be worthwhile in the long run. governing the management of processes.
However different the economic realities
The MBA is a degree with clear focus. that accompanied the MBA throughout
It is aimed at professionals with similar the years were, the degree always stayed
backgrounds, whose eligibility to enter true to its original promise – to teach
the programme is scrutinised with equal business management with the purpose of
resolve. Its curriculum is strictly business advancing a company’s economic interests.
and its outcome leads to three distinct As the global economy evolved, and one
paths – an enhanced career within the person’s corporate career aspirations
boundaries of one’s existing expertise, became another’s entrepreneurial dreams,
a new professional direction, or a go-it- so did the MBA – into a degree which
alone scenario, where entrepreneurship has grown to be the gold standard for
is the name of the game. But in order to managers of all shapes and sizes.
take advantage of the full spectrum of
opportunities presented by the MBA, one The MBA requires career
has to recognise what the MBA is and what determination
it can do for one’s personal and career
growth. Understanding the background of the
MBA is important, because it explains the
reasons why it is beneficial to some, and
Gold standard
not so beneficial to others.
Conceived in the US more than a hundred The simplest answer is “career
years ago as a means to teach management determination”.
through theory, the MBA has fought its
way up to become a globally recognised “Applying to business school is an expensive
badge of honour for current and future and time-consuming proposition. Without
business leaders. real dedication for the path upon which
you’re embarking, your journey will likely
When the MBA degree was going through stall before getting out of the gate,”
its founding stages, its main purpose was cautions seasoned MBA expert Stacy
to nurture a new generation of managers Blackman.
who understood the scientific pillars of
business, industry and human capital. This And according to the Association of
generation was to be at the forefront of MBAs (AMBA), even at the admission
America’s economic ascent, armed with stage schools “determine whether you
the latest academic knowledge of the will be successful in the business school
time. The idea was to approach business environment and in your post-MBA career.”
management in the same way as any other The MBA’s core curriculum teaches classes
scientific field. in Marketing, Finance, Accounting, and

ACCESS MBA GUIDE 2017-2018 11

Human Resources, which are essential it accelerated my career and opened be said that a person’s financial position
fields of knowledge for any manager. doors that I could never have accessed will never be in better shape for starting
Studying is intense, but so is the peer otherwise.” a company than when they have gone
pressure. Topics are discussed in a diverse through the necessary hardships of paying
classroom of professionals with at least And here is a case of someone with a clear for an MBA. It means you will have become
half a decade of work experience. Outside business plan: used to controlling your spending and living
of the classroom, personal relationships without some of the luxuries you previously
develop as precursors to future business “My character was shaped so much through took for granted.”
partnerships. Networking is an essential my two years of study that I am a 10-times
takeaway of the MBA, and shyness must better entrepreneur now than what I would It is too early to say whether Ms Contreras
be overcome in order to obtain the fullest have been before my MBA,” says Jeroen will succeed in her journey after securing
experience. Career progression is on Kemperman, Founder of Treeveo and IESE a job as a Client Consulting Manager with
everyone’s mind, and the teachers make Business School graduate, as quoted by the Visa upon graduating, or if Mr Kemperman
sure to hammer home the importance Financial Times (FT). will grow to be the next Jeff Bezos.
of leadership in achieving that goal.
Business ideas are discussed in a mature Mr Kemperman describes in great detail But if stats are anything to go by, then the
and insightful way that takes into account how the MBA helped him, first by being two alumni might well have embarked on
cultural, economic, and political factors. flexible about his business project, then by a very lucrative career as MBA graduates.
giving him a wide network to mingle with,
One good way to evaluate whether the and lastly by meeting powerful investors When is the MBA a
MBA is the right education decision is on a student trip to Silicon Valley. worthwhile investment?
to think of the time spent in class as a
period in one’s career – a short-term job or “An MBA has been described as the According to the Financial Times Global
placement at a demanding, high-risk, high- world’s most expensive piece of paper,“ MBA ranking, the median percentage
reward employer. It can either help hone Kemperman warns. “However, it could also increase in remuneration of MBA graduates
one’s existing skills or develop new ones.
It can be a laboratory for new experiments
that opens up a different career path or
an echo chamber where existing business
ideas and projects are put to the test. This is
exemplified by the cases of Daniela Castillo
Contreras and Jeroen Kemperman.

Career bliss

Here is an example of the MBA serving as

a workshop for career acceleration and
access to opportunities beyond reach
without it.

“Coming from a marketing background,

I had no prior experience in the world
of consulting, and it felt intimidating at
first,” says Daniela Castillo Contreras,
UCLA Anderson Class of 2016 alumna,
“However, many of the core classes and
elective options prepared me well for
this new venture at Visa [where I did an
internship].”

“I learnt how to apply different frameworks

to challenging cases and problems that
many companies face,” Ms Contreras
continues. “While analysing cases with
my classmates, I absorbed the concept
of whiteboard and assumptions. This was
exactly part of my responsibilities while
at Visa, and I was confident enough to
express my ideas without fear. The MBA
has been extremely helpful in my career
aspirations. Not only did it help me pivot
from a marketing to consulting role, but

12
from the top 100 business schools in the A Harvard Business School graduate has “My character was
world was 97% in 2016 and 102% in 2017. the answers.
That is an average weighted salary of USD shaped so much
123,937 per year in 2016 and USD 129,053 “While my MBA prepared me to be able to
per year in 2017. speak eloquently even when I don’t have
through my two years
the answers, it most certainly did not help of study that I am
And according to the 2017 Alumni me figure out what I want to do in life, how
Perspectives report by the Graduate to find my passion and purpose, or give a 10-times better
Management Admission Council (GMAC), me any clarity on how I’m going to change
the vast majority of MBA alumni worldwide the world,” says Azzella Perryman, Harvard
entrepreneur now than
say that their graduate management Business School Class of 2011 alumna, as what I would have been
education was professionally (91%) and quoted by Poets and Quants.
financially (76%) rewarding. before my MBA.”
“Most people don’t want to admit to
Finally, just as in Ms Contreras’ case, “nearly themselves that even if they knew what
Jeroen Kemperman
8 in 10 employers (79%) expected to hire they really wanted to do, they probably still
MBA graduates in 2017, compared with wouldn’t leave their well-paid, high-status
68% that hired these candidates in 2016,” job to go do it.”
according to GMAC’s Poll of Employers
conducted at the end of 2016. “I tell a lot of MBA hopefuls that your
time at school opens a thousand doors
So where does that leave the 9% of and exposes you to things you’ve never
professionals who did not see a great heard of before, but that can be paralysing
enough impact on their careers and the because what they [all these opportunities]
24% who were unable to reap the financial don’t do is help you figure out which one
benefits of the MBA diploma? to go through,” Ms Perryman concludes.

It could be argued that those MBA Perhaps this is when an MBA can be
graduates were simply unlucky, but a more considered a failed investment, and that
thorough investigation will find that the is why it is of critical importance to both
MBA was simply the wrong investment understand and be able to capitalise on
for the wrong person at the wrong time. the impact of the programme. The MBA
As with any deal, the investor is required is not an all-seeing oracle that has all the
to answer a few simple questions. First, answers ready at a whim. Rather, it is
“Is this venture the right tool for a well- the correct choice for professionals with
defined goal? ”, second, “Do I have the right clear questions. The most determined and
disposition to learn and try new things?”, self-aware will always succeed, whereas
and third, “Do I have realistic expectations the confused and unresolved will always
of the impact of that investment?” struggle. □ A.Z.

ACCESS MBA GUIDE 2017-2018 13

MBA SELECTION

Viable MBA Formats

FT, PT, EMBA, GEMBA… Which one to choose?

T
wo or three decades ago the Full-time MBA
choice of how to study an
MBA was limited. The original The full-time MBA is a programme in
MBA programme, which is a two- which students attend class full time,
year course, was the only option during the day. Students typically take
available on the market. However, 4-5 classes per semester and complete
with changing economic realities the degree in 10 to 24 months. Most
requiring faster and more flexible European full-time MBA programmes last
learning, business schools have between 10 and 12 months. Traditionally,
started to innovate and provide US full-time MBA programmes take two
alternative formats of their years to complete, but some business
sought-after MBA courses. schools offer the so-called “Accelerated
MBA”. This format is designed for
Adapting quickly to market needs, professionals with extensive business
especially after the global economy experience seeking a fast-paced,
crash in 2008, has become a priority academically rigorous programme.
for business schools offering MBA Coursework and projects tend to focus
programmes around the globe. on more advanced aspects of business.
Nowadays, MBA programmes are
delivered in different formats adjusted A full-time MBA programme, known
to the dynamic market demands. So also as an “on-campus” or a “traditional
selecting between MBA formats can be classroom” MBA, requires students to
a daunting task. In all this, one thing commit fully to their studies. Aspirants
is sure. Picking the right MBA format usually relocate to the place where the
should be seen in the larger context business school is situated. Courses are
of personal preferences, career stage, divided over terms/semesters with core
professional goals, and time and budget courses usually held in the first or second
available, among other factors. semesters and electives held in the last
semester. The programme ends with a
“There are many factors that should thesis, dissertation, business project, or
influence your decision. However, you internship. Students have easy access
should first determine which format of to an academic environment, their
the MBA programme is best suited for professors and teaching resources, the
you – according to your career stage school’s career services, and networking
and aspirations,” says Ivana Goossen, opportunities.
a former director of the Executive MBA
Programme and Centre for Executive This programme is best for younger
Education of the Joseph M. Katz Graduate professionals with less work experience
School of Business of the University of seeking full-time employment in a new
Pittsburgh in the Czech Republic. field or industry and looking for the
most immersive MBA experience in
What are the options? their targeted post-graduation region

14
In a part-time MBA
programme students can
immediately and directly
apply the knowledge learned
in the course to their job.

ACCESS MBA GUIDE 2017-2018 15

and industry. Usually, a full-time MBA their modules in campus residencies. Distance MBA
class comprises students with six to Professors may stay in touch with their
seven years of work experience, and students via the Internet during periods The preference for Distance MBA or
a minimum of two to three years. For of non-classroom activities. Online MBA programmes has been on
those who cannot relocate due to family the rise in recent years, mainly due to the
responsibilities or who do not want to Because of its format, the part-time economic downturn. Online programmes
leave their job while studying, other MBA MBA is best for early-to-mid career have gained popularity as they are less
formats are better options. professionals seeking rigorous MBA expensive compared to on-campus or
experience while working full time. modular programmes that require the
Part-time MBA Keeping full-time work commitment is additional expenses of relocation or
the key advantage of this MBA format. travel. The online MBA programmes
The part-time MBA programme, known “The most critical factor was not taking provide attendees with the opportunity
also as “Evening MBA”, “Weekend MBA” a break from work. I did not want to to keep their full-time jobs and flexibility
or “MBA for Working Professionals”, was run the risk of losing momentum I to balance their study, job, and family
introduced in particular to meet the had established in my career to date. responsibilities.
needs of candidates who wish to qualify Fortunately, I was even able to accelerate
for a full-time MBA course but cannot my professional development over the This makes the programme the most
afford to take one or two years off work. three-year programme, which turned out suitable for professionals looking for
Classes are usually held in the evenings to be a big win-win situation for me. The the MBA option with the most flexibility.
or during the weekend, and often take financial benefits of not putting a hold The format provides students with the
two to three years or more to complete. on your earnings are also worth noting,” flexibility to study at a time and place
shares Patrick Brayley who graduated that is most convenient to them without
There are two main formats for part- from the Part-time MBA of McGills the need to spend time or money to get
time programmes – regular and modular Desautels Faculty of Management to class.
MBAs. The regular format consists of one (Canada) in 2016.
or two evenings per week in class and The structure of the programme calls
some 15 hours per week for individual Students can immediately and directly for students to submit papers online
study, preparation, and group work. apply the knowledge learned in the and attend online seminars. This gives
The modular MBA format combines course to their job. That is why many greater academic accountability to
modules that are delivered on-campus companies offer tuition assistance to students and professors, as classroom
with lengthy periods spent off-campus. offset the cost of the degree. Because interaction and participation is in written
Modular programmes require students graduates of part-time programmes form and therefore recorded. Students
to be on-campus from four days to up usually have several years of experience, in these programmes have minimal face-
to two weeks at a time over a period of companies often see them as great to-face interaction with professors and
15 to 22 months. The degree is earned candidates for middle-management other students, which limits networking
when students have completed all positions or fast-track programmes. opportunities. However, to offset this,

16
numerous schools have developed online to a CEO role. EMBA participants are “There are many factors
platforms that enable students to stay usually aged between 33 and 45, with
in touch and to get together for web average professional experience around that should influence
study sessions as frequently as they 12-14 years, of which about 8-9 years
choose. In addition, some programmes in managerial roles. EMBA programmes your decision. However,
have workshops and other on-site events generally have a strong focus on team- you should first
organised every three to six months. based learning, where peers in class share
their real-life experience and work on determine which format
Blended MBA case studies to discuss real situations and
solve real problems. EMBA programmes of the MBA programme
The Blended MBA format, also known are delivered in part-time, modular or is best suited for you –
as the Hybrid MBA, is one of the newest blended formats.
on the market. It is a flexible MBA that according to your career
provides elements of both the on-campus Global Executive MBA (GEMBA)
and distance-learning formats. A hybrid programmes enable senior managers stage and aspirations.”
MBA combines online and in-class and executives to lead businesses and Ivana Goossen
instruction. The majority of coursework address social and economic matters on
of this format is completely online but a global scale. The cultural diversity of
some group workshops or sessions, participants reflects the goals of this type
usually lasting several days every two of programme. The learning experience
or three months, are held on-campus takes place beyond campus with
per course. The format is best for residency modules across continents.
professionals looking for the flexibility
of an online programme coupled with Pick the right format
networking opportunities and face-
to-face interactions with faculty and Picking the right format is definitely
classmates. an important step in your overall MBA
experience. However, the format
Executive MBA should not be the only factor taken
into consideration when deciding on
The Executive MBA (EMBA) programme whether and how to go for an MBA.
is essentially a part-time MBA but with Katz Graduate School of Business’
a completely different target group Ivana Goossen highlights that one
and class profile. The programme is also has to consider the “programme’s
designed for mid-to-senior career features such as accreditation, ranking,
professionals seeking top management reputation, and quality of faculty;
or executive leadership roles. It is best the programme’s selectivity towards
for experienced professionals looking students or career services offered; and
for a high-touch MBA experience with your own individual limiting factors
abundant networking opportunities and such as the support of your employer
senior leadership focus. and family, available finances, ability
to travel”.
Students in an Executive MBA class
are typically high-calibre managers, In this way you can be as fulfilled as
executives, and entrepreneurs who have Patrick Brayley, who views his whole MBA
the potential and motivation to become experience as a “life transformation”
truly global, multi-skilled business leaders thanks to having selected the right MBA
and move from a functional C-level role format for his career goals. □ I.D.-S.

ACCESS MBA GUIDE 2017-2018 17

MBA SELECTION

Geotargeting Your Career

Global, regional, and local MBA programmes

R
ecent decades have brought
countless new opportunities
and challenges in the business
world. Expanded connectivity,
smart technologies, and increasing
lifespan are changing how we
think about work.

What is more, companies are becoming

more global than ever before, and
demographic changes are shifting
economic power. More than ever, business
leaders must be adaptable problem solvers
with a high degree of cultural intelligence.
Aspiring managers have started to consider
international business schools in other
parts of the world. Their interest is
triggered by various factors such as the
state of economy, the globalisation of
business, and the hunger for new horizons.

Geotargeting with an MBA The intricacies of a (Hungary). SEED aims to create a best-in-
regional focus class business school for the CEE region,
In this context the MBA, as the most which brings together and nurtures the
recognisable and prestigious postgraduate Although it might seem that globalisation talents of the region locally.
management degree worldwide, emerges has taken over the real business world,
as an opportunity that provides more than and the MBA one as well, having a local The Graduate School of Management at
just business knowledge and leadership or a regional focus has an equally strong GLOBIS University (Japan) aims to cater
skills. Nowadays, B-schools are a place value. Gaining in-depth knowledge of – for the growth of “leaders of change and
where MBA participants gain specific and building a local network in – a single creativity who will contribute to a better
knowledge and know-how about business country or region can make a difference future for both Japanese and Asian society.”
in a certain region or industry while in business leadership. With only 7% Japanese students, GLOBIS
building their targeted network of contacts attracts 68% of its MBA students from
on a local, regional or global scale. Some “We create a hub for Central and Eastern Asia and 32% from Africa, Europe, and the
MBA programmes have a global focus, Europe (CEE) here, where you can meet Americas. The programme combines global
others a regional or a local one, and this and connect with the most influential business perspectives and an international
focus is reflected in the student body, the thinkers and businesspeople of the network with a strong regional focus. The
curriculum, the career services, and the region,” highlights the School for Executive curriculum features traits of the Japanese
geographical diversity of recruiters. Education and Development (SEED) culture such as having a personal mission

18
and includes courses like Japanese a unique environment and learn about Study trips, internships, projects for real
Management and Globalisation of Japanese different cultures. clients in other countries, or a social impact
and Asian Companies. project that goes beyond your frontiers are
International exposure other tools of B-schools to immerse you
How international can “I wanted to learn about doing business in a global environment. Depending on
in other countries,” says Joe Felice, an your preference, check out what is on the
an MBA be?
American who decided to enrol in the B-schools’ international exposure portfolio
MBA programme of the Rotterdam and choose which environment suits you best.
An international MBA is not one abroad, School of Management (RSM) in the
but one that immerses its participants in Netherlands. However, you can maximise Finally, cross-border career options could
an international academic and business your international exposure by carefully be your ultimate goal. Jan Mikael David
environment. Internationalisation is a looking at the options provided by different from the Philippines has made the first
complex set of features provided by business schools. step. “Prior to my IE (Spain) International
a programme. Some B-schools aim to MBA, I was Senior Digital Manager at
have truly global MBA programmes, and The curriculum may be focused on Havas Media based in Singapore. I chose
this can be reflected in their name but, business practices in different regions IE for its truly diverse and talented student
most importantly, in the MBA learning and territories, which can help the global pool. Today, I work in the Global New
experience itself.
business professional to gain exposure to Business office of Havas Media based in
new ways of doing business and also to Madrid.” Career services, recruiters, and
Peers from around the globe the regulations that apply on a global level employment destinations are also excellent
Business schools in the US, the motherland and not just a domestic level. In addition, indicators of the international focus of MBA
of the MBA, have traditionally attracted some B-schools boast campuses in different programmes.
a pool of applicants from different parts countries and even continents - such as
of the world. Data from the Institute EDHEC Business School (France), which Trending destinations
of International Education (IIE) reveals has campuses in France (Lille, Nice, and
that the US is still the top destination Paris), the UK (London), and Singapore. Indeed, prospective students maintain
for graduate degree studies, with close The cultural mix and the academic and a strong interest in international study
to 400,000 students in graduate school professional background of MBA professors and employment. More than half (57%)
in 2016, many of them in B-schools. Top expose students to a myriad of perspectives. of prospective students would prefer to
US B-schools boast the most competitive
MBA programmes, receiving about
10,000 applications per intake and
selecting about 10% of them. However,
they are far from having the most diverse
MBA classrooms.

“International business schools boast

unmatched levels of diversity. While
American business schools have made great
strides to increase diversity, they still have
some catching up to do before reaching
the levels of schools in Europe and Asia,”
notes Mr O’Connor, a contributor to Forbes
magazine.

On average, the number of foreign students

in European B-schools can range between
80% and 90%, while this number is two
to three times lower in US schools. Some
international MBA programmes are
particularly stringent about preventing a
so-called “dominant” culture emerging. For
example, EDHEC Business School (France)
has 93 nationalities represented in its MBA
classes and 86% of its professors have
international career experience.

If you attend a school that has a diverse

makeup of students who hail from different
territories, you can immerse yourself in

ACCESS MBA GUIDE 2017-2018 19

study internationally, according to the 2016 are followed by, in descending order, the that offers English-language education;
Prospective Students Survey Report of the United Kingdom, Canada, France, Germany, experience learning amid a diverse student
General Management Admission Council Singapore, Australia, the Netherlands, body; and have opportunities to learn
(GMAC). This figure is down slightly from Spain, and Switzerland. English or improve their proficiency. On
59% in 2014 but still higher than 2011 when the other hand, those preferring to study
51% of respondents preferred international Globally, 35% of prospective students seek in their home countries are more likely to
study. international careers, down slightly from do so in order to be closer to their families
38% in 2014 but still high compared with and to obtain a more affordable education.
Only prospective students from the United five years ago when 29% of candidates
States and Canada have a preference for intended to seek international jobs. Half In the end, the choice between studying
domestic programmes, while students from of prospective students wanting to study at home or abroad, immersion in a truly
other parts of the world, including Europe, abroad also prefer to work abroad. international environment or the mastery
prefer to choose a programme in another of the intricacies of doing business in a
country. This is easily explained. The United Figures show that prospective students certain region, strongly depends on how
States is the most popular study destination who prefer to study abroad are looking you want to build your career in the future.
for most citizenship groups across major to improve their chances of having an You can now choose from a diversity of
world regions. The list of top -10 study international career; build an international MBA programmes to geo target your career.
destinations is headed by the US, but they network of colleagues; study in a country □ I.D-S.

20
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 M B A selecti o n
Get a Feel for
Business School
Take opportunity to get to know your
shortlisted MBA programmes
Y
ou are always welcome at is pervasive as this source of information
business schools because is used by 96% of all prospective students.
they realise that getting a feel Two-thirds, or 67%, of prospective
for the MBA programmes that you students use social media in a variety of
are considering is key to your MBA ways to learn more about business schools,
exploration process. Interaction including actively researching graduate
with B-school representatives management education, searching for
before you even decide to apply upcoming events and activities, and
is essential for the right choice connecting with a programme’s faculty. “Anyone’s individual
of a programme, for the chances Facebook and LinkedIn are the most
of admission, for the overall MBA popular social media sites used globally, experience is a
experience, and for post-MBA with the exception of China, where QQ is
career prospects. the most popular.
representative of the
whole school. When you
Many opportunities exist to get to know the Indeed, many opportunities exist that
different programmes – thorough research enable you to conduct thorough research get a few of those, you try
on the Web of schools and programmes; of the programmes of your interest.
reading presentations, brochures, However, focus on the most effective
to put yourself into their
magazines, and newspapers; following the communication options that will help you position and figure out
online presence and social media activity; step into the shoes of MBA students and
talking to people – admissions officers, feel that you truly belong. if that’s something you
faculty members, current students, and
alumni; taking virtual tours of schools or Look for insiders’ are looking for out of an
visiting them in person, etc. perspectives MBA.”
Preferred channels for Networking is another key element of the Brandon Molina
researching B-schools: entire MBA process and actually of the
what do the stats reveal? whole career search process and beyond.
Social media gives you a tremendous
According to the data of the General opportunity to network. In addition, many
Management Admission Council (GMAC), of the B-schools encourage networking
prospective students consult a variety of by way of their own platforms connecting
sources for their research. Word of mouth candidate to candidate, candidates to
is a common source of initial information. current students, candidates to alumni
This includes consulting friends and family, and even to faculty members. MBA
co-workers and peers, current students students’ blogs are an additional source
and alumni, and college or university of first hand information.
professors, according to the findings of the
2016 Prospective Students Survey Report Brandon Molina, Harvard Business School
of GMAC. (US) Class of 2010, thinks that one of the
most important things in selecting the
The survey reveals that during the initial best school is to talk to people. “Through
stages of research, prospective students talking to people you just get a sense of
are more likely to use an online or print what their experience was like […] anyone’s
source, such as the GMAT website, individual experience is a representative
schools and related websites, magazines of the whole school. When you get a few
and newspapers, social networking sites, of those, you try to put yourself into their
school guides, and brochures. This is position and figure out if that’s something
how they prefer to first learn about the you are looking for out of an MBA,” Mr
available programmes. Use of social media Molina says.

ACCESS MBA GUIDE 2017-2018 23

 “At the One-to-One According to Kapil Reddy, an MBA from the your decision to apply and the application
University of Bath School of Management strategy.
event, I met people from (UK), alumni are the best source of
the information you are interested in. Being proactive will also show the
B-schools I was looking “Definitely talk to business school alumni admissions officers that you are
for, but I also discovered because they can give you honest opinions enthusiastic and serious about the school’s
about their experiences. Don’t go blindly programme, particularly if you have
some universities that I with the rankings. Be very clear about taken time to visit the school. Prepare in
what you want to do after your MBA and advance a list of questions that have no
was not aware of.” make your decision based on that,” Mr ready and clear answers in the available
Access MBA participant Reddy says. school materials. Be aware that the way
the B-school answers your request for a
Talking to people online is good, but talking face-to-face appointment and answers
to them in person is better, especially will show you how the school and its
to those from schools’ admissions administration will cater to your needs
departments. Meeting admissions officers once you get in.
face-to-face is a great opportunity to get
an insider’s perspective and details on the Visit campuses to step
questions that matter to you, to make a into the shoes of MBA
personal impression, but also to benefit students
from feedback on your profile and to
obtain advice on how to improve your “For applicants considering programmes
chances of admission. at multiple schools nothing compares
to actually visiting a school, talking to
Most of the B-schools have personnel alumni, talking to faculty, talking to staff
assisting potential students during their to get a sense of the culture there,” says
application. Talking to them is possible Susan Cates, a former Executive Director
through a variety of ways – at educational MBA at Kenan Flagler Business School
fairs, programme presentations, live chats, of the University of North Carolina
webinars or by meeting them in person. (US). Physically being in a building, in
Scheduling a face-to-face appointment a classroom and meeting people first
during a campus visit, for example, is an hand can give you a great perspective.
efficient way to get a feel for the school Visiting school campuses in person is much
and to discuss the details that will affect better than simply viewing a video online,

24
following a Facebook stream or visiting
a website.

Most schools have open days on campus

where you can take a tour of the school,
attend classes, talk directly to professors
and students, and meet admissions
officers in person. You can even organise
an individual visit after contacting the
admissions office.

Individual meetings are the best

opportunity to get perspectives from
current students, professors, and
admissions officers. “The best way to know
if the school is really good, especially if you
can actually visit in person to start with,
is to talk to them [school representatives
–ed.] directly,” highlights Oliver Matthews,
FSFM (Germany) Head of Marketing and
Recruitment. “You should take the time
to talk to the career services. At the end
of the day, they can help you with your
planning, your application to companies,
and your personal development,” adds Mr
Matthews, who has been MBA Marketing
and Admissions Manager at the University does not offer a good representation of the Such events, regardless of whether physical
of St. Gallen Business School in Switzerland. environment that you will experience as a or online, enable you to get the answers
student. to all the questions that matter to you.
Nyenrode Business School (Netherlands) However, do your homework and come
offers potential students of their full- Attend B-school prepared so that you can really discuss
time MBA and MSc in Management presentations, but come the details, not just what is available
the opportunity to visit their campuses prepared on the websites. Common topics are
in Breukelen and in Amsterdam at the the curriculum, faculty, extracurricular
expense of the school a couple of times Most B-schools are very active in presenting activities and life at campus, internship/
a year. Visitors experience Nyenrode with their programmes. Almost year round, school placement opportunities during the
an International Business Game replicating representatives give informative sessions programme, and the career services the
what they can expect in the classroom. during webinars, live chats, social media live school offers to graduating students. You
Participants can even obtain scholarships streams, educational fairs, and one-to-one can easily find a calendar of upcoming
based on their performance in the game. and social events. All of these options are school presentations on the school’s
Marina Lamadrid Padilla was excited to easily accessible and will equip you with website or by contacting the admissions
share some of the most valuable aspects well-structured and focused information office and also by checking worldwide
of her 2017 visit to the Amsterdam-based about the MBA programme and the business events such as the Access MBA Tour
B-school: “Getting to work with different school. “At the One-to-One event, I met and Access Schools (online One-to-One
people from around the world and living people from B-schools I was looking for, but meetings).
some of the Nyenrode experience – I feel I also discovered some universities that I was
like I have gotten a very good idea of what not aware of. It was the first time I could meet Knowing the programmes of your choice
I can expect from the MBA programme.” admissions representatives face-to-face and in detail and picking the best one for you
talk about the programmes,” shares one of is a time and energy consuming process
When planning a campus visit, keep in the participants at an Access MBA event and it may take more than a year. As
mind that it is better visiting the school in Paris. Another one highlights: “I had the such, it would require a strong proactive
during a regular session, when students chance to meet the admissions directors of attitude. In the end, you will want to
are there, the staff is not reduced and the all the schools I am applying to. This is a great choose the best programme possible for
all-round vibe of the campus can be fully experience to get some insights. It was really you. Therefore, take each opportunity to
felt. Touring a deserted campus during an efficient because I could meet a lot of people get a feel for the MBA programmes that
extended holiday or between main sessions in a short time.” you are considering. □ I.D-S.

ACCESS MBA GUIDE 2017-2018 25

MBA SPOTLIGHT

Where Will Your

American Dream Thrive?
The US offers a multifaceted and diverse
business education landscape

B
oasting business schools are certainly among the major factors for more compact one-year format typical of
at the top of major media choosing to go with the US. A total of 51 European B-schools, some American MBA
rankings and the spirit of MBA programmes from the US made it into programmes have started to adopt different
the American Dream, the US the 2017 Global MBA Ranking published by strategies such as accelerated MBA formats
keeps attracting thousands of the Financial Times (FT), which is more than to promote their destination to potential
MBA applicants every year, and half of the total number of programmes applicants who might be concerned about
that makes some of its MBA on the list. staying away from the job market for two
programmes the most selective in years. According to 2015 and 2016 GMAC
the world. However, the business Over 90% of US employers plan to hire statistics, the share of MBA programmes
education landscape in this recent MBA graduates, 55% of the US reporting growth in application volumes
huge country of opportunities is respondents plan to hire international has declined. Only 43% of full-time two-
multifaceted and quite diverse. candidates, and the median starting year MBA programmes report receiving
salary is expected to rise to USD 110,000, more applications in 2016 compared with
The US is a dream destination for many. according to the 2017 GMAC Corporate 2015. Nevertheless, the two-year format is
However, its large territory along with the Recruiters Survey which clearly illustrates still the trademark of US MBA education.
diverse cultural mix of its population imply the wide recognition of the degree in
considerable regional differences in culture, the country. The MBA has been valued Although the US is a very culturally diverse
industry, and economic development and as a key qualification and a major career country, American B-schools are generally
that can make a difference when choosing booster in the corporate world for quite a known to have less internationally
where to land for your MBA degree and while. However, it seems to be conquering diverse MBA classes compared to MBA
post-MBA career. new territory judging by the increasing programmes in other regions, especially
demand for MBA graduates by American Europe. One reason is that class diversity
Highlighting the business education skyline startups in recent years. According to stats are reported by nationality or
of the two most attractive regions for news shared by Bloomberg, startups are country of residence and in the US there
aspiring managers – the East Coast and showing a stronger presence during on- are many professionals with international
West Coast – as well as the various B-school campus recruitment campaigns for MBA backgrounds who are currently US citizens
cultures will provide you with the milestones programmes. or local residents. Still, according to
of making an informed decision about Chioma Isiadinso, former Harvard Business
choosing an MBA programme in the US. Another outstanding feature of the US School (US) admissions officer, although
MBA landscape is the well-established two- educational institutions in the country
The big picture year full-time MBA format. It is attractive try to expand the global connections and
because it incorporates a summer opportunities for their students, European
Considering that the US is the motherland internship and allows students to immerse MBA programmes are ahead in this regard.
of the MBA and that it tops all major media themselves more thoroughly in the local “For most European schools, international
MBA rankings, it is only natural that it is business environment. This model has diversity is a given. Top MBA programmes
perceived as the go-to place for many MBA pros for both international students and typically have upwards of 85% or 90%
seekers. The country’s stellar reputation for US citizens who are changing the region international students, compared to the
business education and the abundance of and industry of their careers. However, 30% to 40% seen in American schools,”
alternatives for professional development with the increasing popularity of the explains Ms Isiadinso for BusinessBecause.

26
Considering that the US is
the motherland of the MBA
and that it tops all major
media MBA rankings, it
is only natural that it is
perceived as the go-to place
for many MBA seekers.

New York

ACCESS MBA GUIDE 2017-2018 27

 More and more American universities others and as a result, attract qualified
Once candidates are are challenging the setback of limited professionals to the area. These regional
set on that specific international representation by bringing niches can be a key factor for a candidate’s
in fresh and innovative approaches to their selection of an MBA programme. Let’s
destination, it is just as admission process, scholarship selection, take as examples arguably the two most
and MBA curricula. “We started segmenting attractive parts of the US.
important to consider a and sending targeted messages to certain
desired specialisation or students based on their home country Ride the cyber-waves of the West Coast
and shifting messages to meet more price In 1898, seven years after the establishment
possible paths to take sensitive or more ranking sensitive regions,” of the first business school in the US and
illustrates Jennifer Ninh, Director of long before Harvard’s initiation of the MBA,
after the MBA. Recruitment of Full-time MBA Programmes the Haas School of Business at University
at the University of South Carolina’s Darla of California Berkeley took its place on the
Moore School of Business. The school’s West Coast as the first US business school
provision of financial aid, in particular, is at a public university. In 1925, Stanford
one of the important factors to consider Graduate School of Business was created as a
for some candidates since the two-year competitive alternative to eastern universities
full-time MBA requires a much larger and started to attract more of the bright
investment than the one-year format. business students who would otherwise have
Although a good estimation of available opted for education on the East Coast.
resources and ROI is certainly necessary
ahead of enrolling in a US programme, The business landscape of the American
the results usually outweigh the initial West Coast is easily associated with Silicon
challenge of funding the studies. Valley – the cradle of the technology
industry and the country’s vibrant high-
Once candidates are set on a specific tech startup scene. This part of the US
destination, it is just as important to is home to the world’s largest high-tech
consider a desired specialisation or possible corporations, including the headquarters
paths to take after the MBA. Taking into of 39 businesses in the Fortune 1000, and
account the geographic immensity of the thousands of startup companies. Silicon
US, the location is tightly linked to the Valley also accounts for one-third of all
future career of an MBA graduate, so what of the venture capital investment in the
does a more detailed view of the MBA United States.
landscape reveal?
The sector’s interest in the MBA is not to
Take a closer look be disregarded. According to a Bloomberg
Businessweek survey, B-schools sent 16%
As is the case with most large countries of their 2015 graduates into technology
around the world, different regions within jobs, making the industry the third largest
the US have developed into separate hubs employer of MBAs. The 2017 GMAC
where certain industries thrive more than Corporate Recruiters Survey reveals that

28
50% (up from 27% in 2016) of technology The case is similar in other schools on the solving,” points out Mark Garmaise, a
companies “have plans to hire international West Coast, some of which are purposefully finance professor at UCLA.
candidates”. For those who are determined tapping into the vibrant entrepreneurial
to build strong ties in that professional culture of the region and boasting their As peer learning and networking are key to
environment, opting for an MBA in MBA programmes to tech-savvy applicants. MBA studies, the MBA classroom matters
B-schools such as University of California UCLA Anderson has been one of the prime a lot for the selection of your destination.
San Diego or the University of San Francisco examples of the appeal of Silicon Valley’s So what mix of aspiring managers can you
can turn out extremely valuable in terms of surroundings for business graduates. “We expect to find on the West Coast? The
connections and networking. Taking a look have pivoted fairly quickly to become much class profile of the MBA programme at
at UCLA Anderson School of Management more of a technology school than when UCLA Anderson School of Management,
and the distribution of its class by industry I first came here. Our major new push is for instance, features 30% international
clearly shows that students coming from moving towards analytics and technology. students and 38% female students. At
the technology sector represent 24% of the We have great data analytics courses first glance, the numbers may not seem
MBA programme – the largest percentage and classes where students are working astonishing compared to schools with much
along with 25% from the finance industry. with Google and doing real-time problem more equally distributed cohorts. Yet, the

San Francisco

ACCESS MBA GUIDE 2017-2018 29

 New York

UCLA MBA has welcomed students from Go evergreen with an MBA on the East graduates with a financial background.
40 countries and also seems to emphasise Coast This should come as no surprise since the
the institution’s commitment to minority As the home of the Ivy League schools, such annual GMAC alumni report from 2017
groups. The 2016 MBA class of University as Yale University, Cornell University, and has reaffirmed the status of the consulting
of California San Diego has students from Harvard University, the East Coast has long and finance and accounting industries as
15 nationalities while Asia seems to be been associated with prestigious and highly some of the highest paid fields of work for
the continent representing the majority desirable institutions for undergraduate senior level and executive level positions
of those countries. The interest coming and postgraduate education. Although the worldwide.
from South Asian countries such as Japan Ivy League started as a collegiate athletic
and South Korea could easily be explained conference which focused on sports- Even while the impressive and innovative
with their geographic proximity to this related competition, today it signifies the strides in technology are gaining ground
region of the US. academic excellence and high selectivity in business education, professionals
of its eight northeastern universities. in finance and consulting continue to
When it comes to educational backgrounds, rely on elite schools on the East Coast.
another common undergraduate field With regards to the programme Characterised by Poets and Quants to be
represented in the class profiles of preferences characteristic of the East among several US institutions that help
West Coast schools besides finance and Coast, the traditional MBA programmes most business graduates land jobs in
engineering is the category of humanities in Finance, Management, and Consulting consulting, Columbia Business School, Tuck
and social sciences. The career paths of are usually the obvious choice considering School of Business, and MIT Sloan School
US MBA students are also quite diverse. the proximity of Wall Street. Consulting, in of Management immediately ring a bell
Graduates from the business programme particular, has seen a boost in applicants when researching the best alternatives in
at University of San Francisco have ended who wish to pursue a career in the field the region. In fact, the most recent MBA
up with positions at globally renowned or to advance in their current position. At class profiles of all three schools reveal
companies and organisations such as Cisco, the same time, the financial sector remains that financial services and consulting top
Bank of America, United Nations, Airbnb, among the top professional fields preferred the list of industries where students have
Gartner Consulting, Lyft and Salesforce, both by business school applicants and by prior work experience. In times when the
just to name a few. US employers who plan to recruit MBA MBA is considered a highly attractive title

30
for the vastly different worlds of tech and describes their culture in detail and
finance, business school location is key. highlights values such as “authentic
engagement”, “supportive ambition”,
Entrepreneurship is another thriving MBA “collective diversity” and “loyal community”
specialisation on the East Coast. Six of the as integral to the lifestyle on campus. The
top 10 US schools that offer the best MBA value of collaboration is also highlighted
programmes in entrepreneurship according at Stanford Graduate Business School:
to the 2016 Financial Times ranking are “From participatory teaching methods
located in this region of the US. Those to student clubs to on-campus living, our
include Babson College Olin, University of collaborative culture is designed to reduce
Virginia Darden, Dartmouth College Tuck, competition between students and deepen
University of Pennsylvania Wharton, MIT relationships.” At the other end of the
Sloan, and Harvard Business School. spectrum, some experts have defined the
MBA culture at Harvard Business School
Find where you will thrive in and University of Pennsylvania’s Wharton
terms of business culture as more “competitive and intense”.

Just to add to the diversity of industries This is why candidates headed to the United
and specialisations available around the States need to dedicate some time and
US come the cultural traits nurtured at research in order to get a better idea of the
different B-schools. Although assigning such culture fostered at their business school.
categories inevitably implies the possibility As a person with first hand experience on
for overgeneralisation, it is true that some the topic, Robert Fagnani, MBA student at
students thrive in a more competitive study UCLA Anderson School of Management,
environment while others do better in a stresses the importance of considering
more collaborative context. Campus culture campus culture as an equally important
varies regardless of the geographical part of the equation. “The more I looked at
location of the B-school. programmes, the more I realised that the
infrastructure, classes, and opportunities
The learning environment of MBA are roughly the same at the top schools.
programmes can foster a campus culture The biggest variable is the culture. There is Just to add to the
that reflects the real business world with this spectrum on the learning environment
its two extremes – the competitive and where one school is more team-based and diversity of industries
the collaborative. Although there is a one is more academic,” shares Mr Fagnani. and specialisations
general perception of American society
as one that praises individualism, personal The journey to your American dream available around the US
achievement, and the stimulating effect of begins with soul searching, self-awareness,
competition, some MBA programmes in and a career vision for which you should come the cultural traits
the US choose to encourage a completely find the most nurturing environment nurtured at different
different narrative. For example, Duke among the ample and diverse options in
University’s Fuqua School of Business the US. □ Z.L. B-schools.

ACCESS MBA GUIDE 2017-2018 31

 M B A S p o tlight
Discover Europe
An incubator for innovative and
responsible business leaders

Amsterdam
E
uropean MBA education is a prominent stamp for quality. Multiple
stands out for its high accreditation is clearly an indicator of
teaching standards, a healthy superb programme quality and global
return on investment, good recognition. As of July 2016, there are
employment opportunities, and more than 75 institutions which are
diverse classrooms. MBA aspirants accredited by the three major agencies –
wishing to study in Europe have AACSB, AMBA, EQUIS – of which 80%
the choice of established business are European, representing 16 countries
schools offering cutting-edge spread across the Old Continent. What
education. better illustration can we have of the value
and quality of their MBA programmes?
If you have been following the news lately,
you will undoubtedly be questioning In addition to heavily dominating the
statements glorifying Europe. The EU “triple accreditation” status, European
has indeed had its fair share of problems business schools rate highly in media
over the last years. The UK’s decision to rankings of business education. INSEAD
leave the European Union, the constant (France) topped the Financial Times
talk of an unravelling of the euro zone, Global MBA Ranking of the best 100
the migrant crisis, and the effects of the programmes for the second consecutive The European Union
unrest in the Middle East are just a few. year in 2017. The FT Top 10 also features
However, the European Union remains the other European business schools such as
remains the largest
largest economy in the world, with a GDP the University of Cambridge: Judge (UK), economy in the world,
per capita of USD 25,000 for its 500 million London Business School (UK), IE (Spain),
consumers. The European Single Market and IESE (Spain). Although less prominent, with a GDP per capita of
comprises the 28 EU member states and, European schools also feature in The
to varying degrees, the four members Economist’s 2016 full-time MBA ranking,
USD 25,000 for its 500
of the European Free Trade Association with IESE, INSEAD, and HEC (France), IE million consumers.
(EFTA) – Norway, Iceland, Switzerland, and (Spain), and the University of Warwick
Liechtenstein. (UK) all occupying places in the top 20. In
addition, European schools occupy the top
In this context, business schools in eight spots in Bloomberg Businessweek’s
Europe have an important role to play as 2016 ranking of full-time international
incubators of innovative and responsible MBA programmes.
business leadership for the complex global
environment. Let’s look at the pillars of The quality of business education is
European MBA education. measured not only by rankings and
accreditations but also by the constant
Teaching of top quality effort to address the latest challenges of
the modern world. “The new curriculum
Quality of education can be measured in prepares the students better. We have
various ways, but accreditation is arguably streamlined it and made it exactly fit the
one of the most thorough professional needs of the current job market,” reads
assessments of business schools. a statement from HEC Paris, which has
“Accreditation represents the highest remodelled its curriculum to place an
standard of achievement in postgraduate emphasis on specialisations to allow
business education,” defines the London- students to wade deeper into a particular
based Association of MBAs (AMBA) – one area. INSEAD, driven by the transformation
of the three major bodies which accredit in the global workplace, announced in
business degree programmes along with March 2017 that it is modifying its MBA
AACSB (US) and EQUIS (Belgium). So, curriculum to include new topics such as
accreditation by any one of these bodies fintech, big data, and social media analytics.

ACCESS MBA GUIDE 2017-2018 33

Impressive monetary gain application volumes, compared with 46% of professional fulfilment. About 71% of
US programmes and 41% of programmes in employers in Europe planned to hire
In terms of return on investment (ROI), East and Southeast Asia, according to GMAC. recent MBA graduates in 2016, according
graduates from European top business to the 2016 GMAC Corporate Recruiters
schools often enjoy a pay increase of The duration of an MBA programme Survey Report. This is an increase of seven
about 100% compared with their pre-MBA and the associated costs over and above percentage points over the previous
income. Indeed, graduates of institutions the tuition fee can also affect its ROI. In year. At the same time, 64% of corporate
such as IESE and SDA Bocconi (Italy) can addition, the time spent away from the recruiters in Europe expected their
expect their post-MBA income to soar by dynamic job market has been a significant company to expand.
133% and 120% respectively, according to factor in the past decade. In this respect,
the Financial Times. However, impressive European business schools provide a The majority of alumni from European
salary increases are not reserved for good option. The standard duration of MBA programmes find jobs within
those business schools at the top of the the European MBA degree is 12 or 18 three months of graduation. In terms of
FT Global MBA ranking. Vlerick Business months, although some schools such as industries, technology, consulting, and
School (Belgium), for example, which is IESE and LBS offer two-year programmes. e-commerce draw the biggest number
ranked #99, helps its MBA alumni gain In the case of LBS, students can choose of MBA graduates. About 26% of IESE’s
a pay increase of 72% on average, while whether to finish the programme in 15, 18, MBA graduates, for example, accept jobs
Grenoble Ecole de Management (France), or 21 months. In the US, MBA programmes in consulting, 16% in technology and
ranked #92, promises a pay rise of 76% on typically last two years, and although some e-commerce, 15% in financial services, 11%
average. MBA programmes at business US schools offer one-year programmes, in consumer goods, and 8% in healthcare.
schools such as Vlerick and SDA Bocconi they remain the exception. It should be pointed out that the majority
cost between EUR 40,000 and EUR 50,000, of MBA students prefer to remain in
while programmes offered by the highest- Ample employment Europe after graduation. About 25% of
profile schools such as LBS and INSEAD cost opportunities IESE MBA graduates accept jobs in Spain,
between EUR 80,000 and EUR 90,000. This 42% go elsewhere in Europe, and 14% are
healthy ROI understandably attracts more Since Europe is one of the most vibrant hired in Latin America. At ESMT Berlin, 83%
candidates. In 2016, 65% of programmes in places economically, it attracts MBA of graduates from its MBA Class of 2015
European business schools saw increased students with its opportunities for received job offers within three months of

34
 Berlin

graduation, with 7% of graduates starting here are collaborative and very willing to “The people here are
their own companies. About 25% of the be generous with each other. It’s a rich
graduates accepted jobs in the technology experience and I’m enjoying being part of collaborative and very
sector, with consulting, media, energy, a great international community.”
financial services, and e-commerce each
willing to be generous
drawing 12% of the Class of 2015. Nearly If you would like to enrol in an internationally with each other. It’s a
80% of the graduates preferred to stay in oriented MBA programme, Europe is
Germany after receiving their degrees. the place for you. At some schools, the rich experience and I’m
proportion of students coming from outside
Another prominent feature of the the country reaches 96%. This exposes
enjoying being part of
European job market is the opportunity students to a culturally diverse mix and a great international
for mobility within the European Union. thus to new ideas and perspectives, and
There are over 40 countries in Europe, leads to lively class discussions. In addition, community.“
and travelling between them for business this diversity contributes to the creation
or cultural exploration takes little more of networking opportunities that span the
Carolina Bicalho
than three hours by plane. It is even globe.
possible to live in one country and work
in a neighbouring one. European programmes typically enrol
fewer women compared with US business
Enriching cultural diversity schools. At INSEAD, women make up about
34% of the student body, compared with
Diversity is one of the outstanding features 41% at Stanford. European schools are
of the MBA programmes in Europe. In 2016, however taking measures to boost female
international candidates accounted for representation in their classrooms. IE set
89% of full-time one-year MBA applicants up a special fund earlier this year, with an
in Europe, according to the GMAC (2016) endowment of EUR 6 million for scholarships
Application Trends Survey. The HEC Paris aimed at women. The key objective of the
MBA programme is a case in point. About fund is to enable the world’s best female
90% of its students come from outside talent to undertake IE programmes, giving
France and over 40 nationalities are priority to women in the fields of technology,
represented. This allows students to develop entrepreneurship, and leadership, or
a truly multicultural approach to strategy women from Africa.
and problem solving.
With its opportunities for soaking in its
The diverse student body was a key reason amazing history, art, and culture, Europe
for Carolina Bicalho from Brazil choosing provides much more than just a quality
LBS, where the proportion of international place for education. Discover for yourself.
students also approaches 90%. “The people □ V.V./D.G.

ACCESS MBA GUIDE 2017-2018 35

MBA SPOTLIGHT

A Brexit Roadmap for

International Professionals
How might Brexit affect the prospects of MBA degree
students and their careers in the UK?

P
rofessionals who are considering unclear. If the UK withdraws from the existing
a post-MBA career in the UK agreements on freedom of movement, future
are certainly concerned by EU students may need to apply for a Tier 4
the turbulent developments in the student visa or a short-term study visa in order
country following the UK’s decision to study in the UK. That means a level playing
to leave the European Union. But field for EU nationals and non-EU nationals.
what are the major trends that
those aspiring to a career in the UK EU nationals currently do not need a visa to
seek work in the UK. However, it is possible
should monitor to make an informed
the UK will reach some form of compromise
decision?
on the freedom of movement issue, perhaps
by introducing a grace period in which
Based on the results of the referendum of international UK university graduates and other
23 June 2016, the House of Commons voted EU citizens can search for work within the UK.
overwhelmingly on 1 February 2017 in favour This will be a key part of Brexit negotiations.
of the government’s Brexit bill. On 29 March, The Financial Times speculates that “the
Prime Minister Theresa May triggered Article government could grant a form of permanent
50 of the Treaty of Lisbon that gives any EU residence to those who have lived in the UK for
member the right to quit unilaterally, and at least five years.”
outlines the procedure for doing so. It gives
the leaving country two years to negotiate an The current British government views the
exit deal and once it has been set in motion taking back of control of its borders as essential,
it cannot be stopped other than by the so it seems likely that changes will eventually
unanimous consent of all member states. be enacted. But all this is in the realm of
speculation.
For now, it seems unlikely there will be any
significant changes for non-UK EU students Job prospects for MBA
or professionals before March 2019, when graduates in the UK
the negotiating window draws to a close. That
means until then the situation remains as it is Job prospects may be the most important
now – students from EU countries can come concern of professionals considering an MBA
to the UK, study, and work while enjoying the in the UK, because many plan to stay and work
freedoms that EU regulations provide. But there after graduation. Currently, opinions on
what might come next? this topic are quite divergent.

Legal status of students Some experts are optimistic. Sir Andrew

from the EU and elsewhere Likierman, dean of London Business School
(LBS) was positive about job prospects but
coming to the UK admitted that “significant challenges remain”
in an article dated 13 April 2017. “We’ve been
It is likely that new regulations will be introduced very encouraged by the response as far as
regarding immigration, but the situation is still recruitment is concerned,” he said. “We’ve had

36
 London

94% employment for Full-time MBAs and and the movement of employees between changing and challenging visa regulations
95% for the Master’s in Management.” Elle countries.” for the past few years. Due to the excellent
Connor, an associate recruiter at Morgan work of our Postgraduate Careers Service we
Stanley in London responsible for hiring There are also indications that some have been able to work with our students in
MBAs, said that the bank had no plans to companies are planning to move out of the order for many of them to stay in the UK after
cut back on their MBA job opportunities UK ahead of Brexit. JPMorgan are planning graduation as per their career desires. Take
in the UK because of Brexit. “So far, we to move some London-based staff to other India, for example. This is a market that has
have positive views. Headcount remains European cities in anticipation of Brexit, been portrayed to be very worried about both
the same.” Sir Andrew said that he was according to reports in the Independent and Brexit and the Trump effect in the US. However,
encouraged that two of the world’s biggest the Guardian. “JPMorgan will move hundreds our employment statistics show that, in 2014,
tech firms – Apple and Google – have of London jobs to Dublin, Frankfurt, and 75% of Indian students found employment
announced that they are going to increase Luxembourg in preparation for Brexit,” Daniel in the UK after graduation, and this year the
their presence in London, creating 1,400 and Pinto, the firm’s head of investment banking figure is 77%. This shows that if business
3,000 more UK jobs, respectively. Amazon said, and continued: “We are going to use the schools recruit quality MBA candidates, then
also said – back in July 2016 – that it would three banks we already have in Europe as the opportunities in the UK are there.”
be hiring more than 1,000 new employees anchors for our operations,” in an interview
in the UK, despite Brexit. with Bloomberg. A spokesperson for JPMorgan Currently there are several milestones
confirmed the plans to the Independent. Mr that UK-bound MBA aspiring professionals
At Alliance Manchester Business School, Pinto was quoted as saying that JPMorgan can count on while the complex two-year
Chris Healy, head of MBA Marketing & cannot afford to wait for confirmation on UK–EU negotiations continue. The rights
Recruitment reveals that the impact Brexit how the industry will be regulated after the in the UK of EU students and students
is having is minimal and applications for UK leaves the EU. from other countries remain unaffected
the Full-time MBA are 25% up on last year. as of June 2017 and are likely to stay that
He emphasises: “The level of uncertainty A good indicator of a possible action plan after way until March 2019. It seems likely that
surrounding Brexit and the way it is Brexit is the reaction of foreign professionals some kind of agreement will enable EU
portrayed in the media are not helpful for already employed in the UK. A survey of EU students already working in the UK to
MBA candidates or business schools, which nationals employed at FTSE 250 companies stay, but experts see an important role for
is why I always encourage MBA candidates showed that 56% said they were “highly likely” employers to play in keeping their non-UK
to attend MBA events and to speak with or “quite likely” to leave the UK before the EU talent.
admissions experts to find out the specific conclusion of the Brexit talks. The survey
facts from each business school.” found 42% of skilled EU workers had already It would seem naive to deny that there
taken action to change their immigration are likely to be fundamental changes,
On the other hand, other experts see status since last year’s Brexit vote. A further especially for EU nationals wanting to
more challenges for employers. “Brexit will 40% confirmed they intended to do so in the stay and work in the UK. That would
bring some significant practical challenges future, reveals an article in the Independent surely be a natural consequence of
for many UK employers,” according to in June 2017. withdrawal from the Single Market.
international legal expert Osborne Clarke. However, professionals aspiring to global
“Any change to the rules on free movement Chris Healy highlights another important business leadership often see great
of workers, which seems inevitable, will aspect of the situation and reassures UK- potential and opportunities where others
restrict access to the UK and, in return, bound MBA applicants about their career simply see crisis and challenges. So for
to the EU. On a day-to-day level, this will prospects: “It’s also worth noting that the international MBA students Brexit could
necessarily affect recruitment practices, majority of international students studying in be yet another disruptive opportunity to
the pool of talent available, the ‘people’ MBA programmes at the top schools in the make a difference in a constantly changing
profile and dynamic of an organisation, UK are from outside of the EU and have faced world. □ G.H./I.B.

ACCESS MBA GUIDE 2017-2018 37

 The Treasures
MBA SPOTLIGHT

of the Middle East

What attracts business leaders to MBA
programmes in the Middle East?

T
he Middle East is a growing constraints in others, according to the
MBA market serving as a World Bank. However, the bank predicted
gateway to a successful career that economic growth in the region would
in the region, mainly through its recover to 3.1% in 2017, with oil importers
business education hubs of Dubai, booking the strongest gains.
Beirut, Doha, and Kuwait. The
growth of the MBA sector is mostly The Middle East is an attractive hub for
fuelled by the ambition of the oil- investment. A growing population, a
rich nations to invest in business strengthening middle class, and the attempt
education to help develop a new to diversify the economy and government
crop of local business leaders revenues away from petroleum provide
capable of steering the region’s many business opportunities across the
dynamic economy. region. According to PwC’s 2017 Paying
Taxes study, the Middle East has the least
Many Western educational institutions demanding tax framework globally and is the
have opened campuses in the Gulf States easiest place in which to pay taxes – which
over the last decades, from Dubai and acts as a magnet for foreign businesses.
Abu Dhabi to Saudi Arabia and Kuwait.
In addition, quite a few local business A growing MBA market
schools have launched their own MBA
programmes. Candidates willing to study for an MBA
in the Middle East can benefit from the
Those willing to study in the Middle programmes offered by top universities.
East should be aware that this is an Over the last decades, many foreign
exceptionally diverse region consisting universities, aware of the need to provide
of about 20 countries and populated by quality education to local professionals
various ethnic and linguistic groups. It is full and also expose their students to the
of contrasts, which are also reflected in the specific business environment in the
region’s business education landscape. In region, have decided to set up campuses
terms of economic development, currently in the Middle East to tap into the growth
the region is a mix of prospering, oil-rich of the local business education market.
countries and nations struggling with some In 2007, INSEAD (France) strengthened
form of turmoil. its presence in the Middle East with a
campus in Abu Dhabi. London Business
Economic growth School (UK) opened its Dubai campus in
to pick up the same year. It has since welcomed more
than 3,000 participants from the Middle
Growth in the Middle East and North Africa East on its open enrolment programmes.
region was estimated to have slowed to Hult International Business School (US)
2.7% in 2016, due to fiscal consolidation has a campus in Dubai Internet City, a
in some countries and oil production technology park located just outside

38
“The Middle East is an
attractive hub for investment.
A growing population,
a strengthening middle
class, and the attempt to
diversify the economy and
government revenues away
from petroleum provide many
business opportunities across
the region.” PwC

Dubai

ACCESS MBA GUIDE 2017-2018 39

Dubai’s extravagant centre. Hult students local business schools have started gaining data. Professionals aspiring to MBAs come
can spend time there as part of the school’s international accreditations. The American primarily from IT & Engineering or Social
global rotation programme. In addition University in Cairo is accredited by AACSB, Sciences backgrounds. A considerable
Cass, part of City University (UK), runs an AMBA, and EQUIS. The University of Dubai proportion of them want to study for
Executive MBA programme in Dubai. HEC gained AACSB accreditation in 2009. an MBA degree to start an international
Paris (France) offers several management It offers evening classes, and students career or to change their current position.
programmes in Doha, including Qatar’s first can complete its MBA programme in 15 Career opportunities is the top criterion
international Executive MBA, a Specialised months. The UAE, which is the largest MBA in the selection of an MBA programme
Master’s degree in Strategic Business job market in the Middle East, already has for local aspirants. The majority of MBA
Unit Management, and non-degree four business schools that are accredited candidates in Dubai, Riyadh, and Abu Dhabi
management programmes for executives. by AACSB. Saudi Arabia currently has one are employed, which explains why part-
In addition, the University for Northampton AACSB-accredited university – King Fahd time programmes are in high demand.
and Stafford Global jointly offer a University of Petroleum and Minerals
Distance Learning MBA programme with (KFUPM), which offers both full- and part- Business schools in the region advertise
optional weekend workshops in the UAE. time MBA programmes. Israel, Qatar, their ties to, and knowledge of, the local
Kuwait, and Lebanon also host at least one industry, while also underscoring the global
One of the reasons why established Western AACSB-accredited university. element in their MBA programmes. The
business schools are setting foot in places like American University in Cairo claims that
Dubai is the growing demand from a rapidly Diverse MBA classrooms its MBA programme helps professionals
expanding population of young professionals “become global business leaders”. The
and career prospects
craving for career development, says Karen University of Dubai prepares global leaders
Ryan, Marketing and Community Relations too, but also stresses the importance of
Manager for the UAE at Strathclyde Business If you are considering the Middle East for being familiar with the specifics of doing
School, which launched its MBA programme your MBA, you are likely to be in a highly business in the UAE. The Suliman S. Olayan
in the UAE in 1995. diverse international classroom of aspiring School of Business (OSB) at the American
managers from the region, but also from University of Beirut proclaims that its
The development of local business other parts of the world. The MBA-bound “vision is to become globally recognised
education in the Middle East is still at professionals in the Middle East, especially as the leading business school between
an early stage, but many countries in those in Saudi Arabia and the UAE, are Europe and South Asia in terms of academic
the region, especially the oil-rich ones, mostly expatriates and interested in part- research, teaching excellence, and business
are moving to hire teachers from abroad time programmes. In Abu Dhabi and impact.” It has to be pointed out that
to help train the next generation of Dubai the majority of the MBA candidates despite being located in a region best
local business leaders. To increase their attending Access MBA One-to-One events known for its oil reserves, most business
international recognition and visibility are expatriates, according to Advent Group schools do not narrow the focus of their

40
 If you are considering
the Middle East for your
MBA, you are likely to
be in a highly diverse
international classroom
of aspiring managers
from the region, but also
from other parts of the
world.

Palm Jumeirah, Atlantis

programmes to the oil and gas industry the way business is done in that part of the
but express a larger ambition to prepare world. Along with learning the business
general managers capable of performing etiquette, you will also get a taste of the
well irrespective of region and industry. actual culture of the region, which is
incredibly diverse, having been shaped
MBA graduates in the Middle East by various historical movements and
typically find employment in Marketing, civilisations.
Consulting, and Finance. They are hired as
procurement managers, project managers, If you decide to enrol in an MBA programme
sales directors, spending analysts, business in any of the Middle Eastern OPEC member
development directors, or accountants. states, you will have the chance to see
A simple search on recruitment website the massive transformation of the region
Bayt.com for jobs in the Gulf and Middle brought about by the discovery of oil.
East requiring an MBA degree returns Before oil was discovered, countries such
numerous vacancies in Sales, Management, as Saudi Arabia and the UAE, now home
Accounting and Auditing, Human Resources to incredibly rich cities such as Dubai, Abu
and Recruitment, and Engineering. It is Dhabi, and Riyadh, were just swathes of
therefore safe to assume that graduates inhospitable desert populated by nomadic
are spoilt for choice. tribes.

The cost of the MBA varies depending on An MBA in the Middle East will also give
the university and the country it is located you the opportunity to experience the
in. Candidates willing to enrol in the full- richness and diversity of the local cuisine
time MBA programmes of the University of with its flavourful and aromatic food. You
Wollongong Dubai (UAE) should set aside may also develop a liking for Middle Eastern
about USD 27,000, while those interested music with its exotic melodies and complex
in the MBA programme of the Heriot-Watt rhythms. And what about learning some
University (UK) in Dubai will need to cover Arabic? It can be a challenge, especially
USD 24,000 in tuition costs. considering the many different dialects,
but it is worth a try.
More than just an MBA
Along with your MBA degree and newly
Studying for an MBA in the Middle East developed managerial skills, you will have
offers much more than the opportunity the opportunity to live in one of the most
to hone your managerial skills and witness dynamic regions in the world. □ V. V.

ACCESS MBA GUIDE 2017-2018 41

MBA INTERVIEW

MBA Programmes
Are Grounded in Innovation
How Aston Business School creates a stimulating
learning environment

Why do professionals come to your We adopt a “learning by doing” approach.

MBA programmes and what skills and Our MBA students graduate with the
knowledge do they want to acquire to know-how and not just the knowledge.
achieve their post-MBA career goals? We offer a safe place for MBA participants
Professionals come to Aston for one of three to put their learning into practice before
primary reasons. Some are in a job or sector they get back to the workplace. This gives
that just isn’t them and they want a change. them an opportunity to learn – even from
The Aston MBA gives them a practical mistakes – without risking their credibility.
business education and the confidence to
make that change. Aston MBA participants benefit from
international study visits and exchanges,
Many are looking to advance their careers. networking sessions, business simulations,
Having a strong business knowledge practical MBA projects, and innovative
foundation and the leadership skills that
Kirit Vaidya activities outside the lecture theatre.
Aston MBA Programme
we teach gives them a competitive edge Director and Senior
that gets noticed by their superiors and Lecturer in Business How do you encourage students to learn
recruiters. Economics, FRSA from each other and to what extent is
peer learning part of your
About 40% of our cohort come to us with the Kirit has combined his long association MBA teaching approach?
ambition of launching their own business with the Aston MBA programme with Right from the start our students are
or developing one they’re already running. teaching, research, and consultancy. placed in teams to work together on
Our MBA is grounded in innovation and our His research is in the areas of various projects. This gives them the
graduates leave with entrepreneurial spirit emerging economy business strategies chance to learn from each other, bounce
and employment programmes in
woven through everything they have learnt, ideas between themselves, and of course
developing countries. He has worked in
regardless of their motivation. some 20 countries as a consultant for create a network of like-minded but
international and national development diverse professionals. The MBA alumni
Does your MBA programme curriculum agencies (Asian Development Bank, mentoring scheme is an integral aspect
have any specific focus or specialisation DFID, European Commission, ILO, of the course. We pair students with our
that enables participants to tailor the UNDP, UNIDO, and the World Bank). He MBA alumni, who act as sounding boards
programme to their career goals and is a Fellow of the Royal Society for the and support their studies and career
Encouragement of Arts, Manufactures
individual learning objectives? development.
and Commerce.
The Aston MBA is non-specialised, giving
our MBA students a broad overview of the How does the MBA programme immerse
business functions. This is particularly useful as marketing, e-business, and international participants in the real business
for professionals in specialist roles, such as business. environment?
engineers, who have recently progressed Teaching is based on the latest business
to management level and need a wider What are the teaching methods and research garnered through close
perspective of business to underpin their approaches of your MBA programme? partnerships with international companies
management decisions. However, the What is the balance between theoretical and enhanced by practitioner engagement
choice of electives and the MBA Project knowledge vs practice, and group vs in programme development and delivery.
provide scope for focusing on areas such individual work? We pioneered the placement scheme

42
for our undergraduates, and the MBA MBA programmes are very demanding spirit, and how? What attitudes do
students benefit from the placement and intense. What helps MBA employers value in MBA graduates?
experience and corporate links. The participants overcome challenges during The culture is a creative tension between
MBA projects are either live consultancy their B-school studies? competition and collaboration. We
projects or business plans. There are formal and informal support emphasise the importance of collaborating
networks. Each student has a personal to combine talents, ideas, and initiative to
What is the balance between focusing on tutor, and the programme directors and excel. Our MBA students work in teams
leadership and soft skills vs management the MBA careers consultant all get to know on business simulations, presentations,
knowledge? How do you develop the each student. Our faculty are also very and international business competitions
leadership and soft skills of MBA accessible and students can get advice so by the end of the programme they are
participants? and counselling on personal issues. The real team players, but they also realise
One of the core Aston MBA modules is the mentoring scheme is a great channel for that teams need leaders and focused
Aston Edge, a professional and personal testing out ideas and getting advice about specialists to develop a competitive edge
development programme. No matter how studies and career development. There and achieve goals. Aston MBAs develop
much business knowledge you have, if you is a big focus on group work so inevitably the entrepreneurial, innovative, and
don’t have the skills and confidence to group members provide mutual support action-oriented mindsets needed in an era
put it into practice, your MBA won’t get which leads to long-lasting friendships. of disruptive innovations and transforming
you very far. The Aston Edge is made up business models.
of three parts: business skills workshops, What is the culture of your MBA
growing professional networks, and career programme? Does it nurture a more Go forward with the Aston MBA:
planning. competitive or a more collaborative aston.ac.uk/mba

ACCESS MBA GUIDE 2017-2018 43

MBA TEACHING

Can Leadership and

Entrepreneurship Be Taught?
The debate goes on

T
he MBA has been At the same time, IE Business School
holding a steady course (Spain) aims at shaping “leaders that
toward leadership and promote innovation and change in
entrepreneurship over the last organisations, equipping managers with
decades although the debate an entrepreneurial mindset that generates
about whether these can be employment, wealth, and social wellbeing.”
taught is still raging. Are leaders
and entrepreneurs born with the Business education, however, has not
necessary skills or do they need always been centred on leadership and
to acquire them through training? entrepreneurship. In fact, for much of the
20th century, business schools tried to
There is an ongoing debate, a perennial groom students to be managers first and
cause of divided opinion, about whether foremost. This changed in the 1970s, when
academics are capable of teaching the Western world was hit by recession
leadership and entrepreneurship and and the management elite were accused
if, indeed, they are something that of negligence. With the title “manager”
can be learned. Many believe that it fraught with negative connotations,
is only entrepreneurs who can teach business schools started looking for a new
entrepreneurship by sharing their direction and found it in leadership.
successes and failures and offering a
detailed insight into the matter backed The shift to leadership started in 1977
by practical experience. But even if there when Abraham Zaleznik, a Harvard
were a consensus on who should be doing Business School professor, published an
the teaching, another problem emerges: article titled “Managers and Leaders:
do leadership and entrepreneurship lend Are They Different?” He argued that an
themselves to being taught at all? Many exclusive focus on building competence,
argue that successful entrepreneurs and control, and the appropriate balance of
leaders have distinct, innate qualities that power omitted the essential leadership
cannot just be transferred through teaching elements of inspiration, vision, and human
in the classroom. Conversely, many believe passion which drive corporate success.
that leadership and entrepreneurship
are skills that can be taught, honed, and Entrepreneurship, which is all the rage in
nurtured. business schools right now, was also put
under the spotlight in the 1970s, when
Dawn of a new era entrepreneurs were no longer perceived
as greedy and exploitative but as job
Business education nowadays places creators and innovators. Entrepreneurship
a high premium on leadership and education is growing rapidly in business
entrepreneurship. INSEAD (France, schools throughout the world nowadays.
Singapore) claims its MBA programme This trend is fuelled by tech innovation,
“develops successful, thoughtful leaders economic change, and the growing
and entrepreneurs who create value for number of people thinking about starting
their organisations and their communities.” a company.

44
Can they be taught? born, that their brains are wired differently Inspiration, vision,
to those destined to stick to their salaried
Leadership day jobs. On the other side are those who and human passion
Experts have yet to reach a consensus on believe that people can be taught the general
whether leadership and entrepreneurship business principles and skills that will help are the essential
can be taught. Are leaders born or is them avoid the problems entrepreneurs leadership elements
leadership something you can actually teach? typically run into.
which drive corporate
John Van Maanen, Professor of Organisation Those in the born-entrepreneurs camp
Studies at the MIT Sloan School of believe that while skills such as calculating success.
Management (US), told the New York Times risk and allocating resources can be taught,
that business schools can make people more entrepreneurship requires certain life skills
conscious of ethical dilemmas in business that come only naturally. Moreover, they
and of the difficulty of directing people in claim that business education is pushing
times of adversity, but the idea that such natural entrepreneurs to fear risk and failure,
skills can be transmitted so that you can thus causing them harm. Overthinking and
lead anybody at any time is “ideologically aversion to experimentation are other
vacuous.” negative side effects cited by proponents
of natural entrepreneurial ability.
However, a study titled “Developmental
and genetic determinants of leadership role Those who claim that entrepreneurship can
occupancy among women” published in the be learned point out that entrepreneurial
Journal of Applied Psychology, indicates that education nowadays is advanced and
leadership tends to be only 30% genetic, sophisticated, a far cry from the early
which implies that leadership skills can be courses that were primarily based on
developed. Another study, published by anecdotes. Today’s business schools are
University College London (UCL) in 2013, capable of pinpointing the common causes
also found that leadership is only partly of failure among startups. Founders with
hereditary. entrepreneurial education are less likely to
fall into the conventional traps that often trip
Business school aspirants should know that, up those relying solely on their gut feeling.
irrespective of whether they were born Researchers at Harvard have found that
leaders or learned to be leaders, they will nearly two-thirds of high-potential startups
be asked to illustrate their leadership skills fail due to tensions within the founding and
during interviews or via essay prompts. These executive team. Entrepreneurial education
skills should be visible in your CV/resume can help founders to overcome such
and online forms. Recommenders should challenges.
also underscore them.
And there are also those who prefer to
Entrepreneurship navigate the middle ground, arguing that
Virtually the same dispute is raging about business school is not going to turn you
entrepreneurship. On the one side are into an entrepreneur, but will teach you
those who contend that entrepreneurs are some fundamental business skills such

ACCESS MBA GUIDE 2017-2018 45

as financial and project management, of methods of leadership teaching used by The Challenge of Leadership programme,
marketing, delegation, etc. They claim that business schools. for instance, aims to improve students’
successful entrepreneurs need to have the understanding of how human behaviour
right DNA makeup, but they also have to The HHL Leipzig Graduate School of affects the functioning of an organisation.
be taught other vital skills. Brian Morgan, Management (Germany), for example, By focusing on conscious and unconscious
Professor of Entrepreneurship at Cardiff uses the so-called Leipzig Leadership behaviour as well as rational and irrational
Metropolitan University (UK), says that: “In Model, which serves as a focal point in HHL’s action, participants learn to manage
general, about 40% of entrepreneurial skills teaching generally, and henceforth also in irrational and dysfunctional processes in
can be thought of as ‘in the DNA’, but 60% the MBA programmes. “Even if leadership companies. The participants also explore
of the competencies required to create a as a personal capability cannot, in a certain their personal leadership styles and address
successful and sustainable business - such sense, be taught in business schools, we ways of dealing with processes that fall
as technical and financial expertise - have aim at supporting the development of this outside recommended models.
to be acquired.” capability by offering and discussing useful
concepts in combination with practical cases There is obviously not a clear answer to
How do B-schools do it? and real world examples,” says Dr Andreas the question of whether leadership and
Suchanek, holder of the Dr Werner Jackstädt entrepreneurship can be taught. However,
So, how do business schools teach leadership Chair of Economic and Business Ethics at HHL one thing is clear: if you want to become a
and entrepreneurship? Some teachers Leipzig Graduate School of Management. leader you have to be ready and willing to
draw from their corporate experience, develop new skills and the self-awareness
while others point out that they do not INSEAD offers a total of 12 leadership to influence and inspire those around you.
teach leadership or entrepreneurship per programmes, ranging from courses designed And if you want to be an entrepreneur, you
se, but provide opportunities for students for executives at or very near the top of certainly should have that entrepreneurial
to learn it for themselves. The teaching of their organisations to programmes aimed spark in you, but also accept that business
any subject is many-sided and a section in at helping managers steer geographically school lessons on entrepreneurship can be
an article cannot do justice to the vast array dispersed and culturally diverse teams. more useful than pure intuition alone.□ V.V.

46
 MBA TEACHING
Tailor Your
MBA Experience
The various types of MBA curricula

I
n years long past, MBA the same time allowing students to select year. In addition, during the second year
curricula were very similar the elective courses that interest them you are able to cross-register with other
across different B-schools and the most or that may be most beneficial participating MBA programmes for up
universities, but with the number to their career. to two courses towards your Harvard
of postgraduate business degrees MBA, allowing you to participate in the
rising every year, schools have The level of flexibility varies from renowned Entrepreneurship Lab at the
had to adapt their programmes to school to school and from programme Massachusetts Institute of Technology,
meet the evolving needs of both to programme. For example, the MBA for example.
students and employers. programme of the University of Chicago’s
Booth School of Business (US) hails itself Concentrations,
These adaptations have resulted in as “the world’s most flexible full-time specialisations, and
schools expanding their range of courses MBA”. In this programme, there are industry-focused MBA
and increasing their flexibility as a means several foundation and business function programmes
of distinguishing one programme from courses you have to take, along with one
another. required leadership class. Apart from There used to be little other than a
that, you can choose from a long list of grade point average to distinguish one
MBA curricula options electives offered and take them in any MBA recipient from another in terms of
order you like. business skills. Now, employers need more
Most B-schools and universities have specialised skills from their pool of job
a degree of flexibility in their MBA Compare that to Harvard Business applicants, and B-schools and universities
programme’s curriculum in that there School’s (US) MBA programme, which have stepped up to meet their needs.
are required courses, usually foundational, is different from Booth’s programme
and then there are elective courses, for but nonetheless offers its own version MBA programmes nowadays offer
which you can choose from a number of of flexibility. The two-year programme different levels of specialisation,
qualified options. This provides a student requires a certain curriculum for the first starting from the opportunity to choose
with all the skills that an employer expects year, and then a combination of required elective courses, through opting for a
from a candidate with an MBA, while at and elective courses during the second specialisation in addition to the core

ACCESS MBA GUIDE 2017-2018 47

 many of the foundational courses. An
example of a dual-degree programme
is Stanford University’s (US) MBA/MA
Education programme, which combines
an MBA with a Master in Education
degree, a combination that would be
ideal for management positions within
the educational field.

Practical projects and

experiential learning
in an MBA programme

Case studies, internships, studies abroad,

experiential learning, and real-world
clients are just a few of the out-of-the-
box learning experiences now offered by
many MBA programmes. “My internship
at HubSpot was a highlight of my MBA
experience. My project was on quantifying
and presenting the value of inbound
marketing. I got the opportunity to
interact with inspirational industry leaders
on a day-to-day basis and to gain cross-
functional exposure to one of the fastest
growing tech companies. My ideas were
heard, and I felt like I was able to help
shape the company,” shares Tina Yau, MIT
Sloan School of Management, Class of
2015.

curriculum, to studying in an entirely entrepreneurship, the degree might be This is yet another way a B-school or
industry-specific MBA programme. The considered an MBA with a concentration university can differentiate its MBA
following lists just a few examples. Cass in Entrepreneurship. programme from another’s, and the
Business School (UK) offers a large number options may appeal to students in
of electives in areas such as Innovation This evolution of MBAs benefits students different ways, possibly attracting a wider
and Entrepreneurship, Finance, and as well as employers, since students with audience. For example, London Business
Marketing with courses as focused as, targeted career objectives can learn more School (UK) offers two such opportunities
for example, Silicon Valley – At the Core of of what they want to know (or will utilise) outside the classroom, with its Global
Innovation; Cuba Facing the Sustainability and less of what they do not. You may Business Experiences and International
Revolution; Storytelling in Business. The find that a particular school’s programme Exchange Programme.
Full-time MBA programme at SDA Bocconi has a focus that is unnamed except in the
(Italy) provides a concentration in Luxury fine print. EMLYON’s (France) Full-time In addition, employers want skilled,
Business Management. Examples of MBA has “a clear entrepreneurial focus” capable job applicants, and the option
industry-specialised MBA programmes according to its website, yet you would of having them field-tested and battle-
are the MBA in Wine Marketing & not know it by the name of the degree. ready is appealing. Internships can be
Management at INSEEC (France), and That is why it is so critical to research your a great resource for companies to tap
the MBA in Aviation at Embry-Riddle shortlist of preferred schools and discuss management talent. MBA internships can
Aeronautical University (US). The latter the details of the programme in depth immerse participants fully in the company.
also illustrates that industry-focused MBA with an admissions counsellor. Amazon states: “We hire interns across the
programmes can be offered not only in company, and we give them ownership
business schools. Dual and joint degree MBA programmes over big projects from day one. Some of
provide another option to focus your our most senior leaders first started at
An MBA with a concentration in a education experience further. If there Amazon as interns.”
particular area of study is typically are two degree paths that are so closely
designed by the student. It involves a connected with your career goals that Diverse cultural immersion
broad foundation of business knowledge, you feel you need the knowledge and options
but includes specialised electives focused skills taught by both, you might want
on a particular field. For example, if an to consider a dual-degree or joint- An outstanding feature of international
MBA student takes a certain curriculum degree programme. This will allow you MBA programmes is their focus
path through which some, if not all, of to acquire the knowledge you need on reflecting the global business
the electives teach various aspects of from both without having to duplicate environment and preparing managers

48
to lead across borders in diverse cultural each student team completes a project
settings. The new knowledge and skills to help their global partner develop or
can be delivered through the curriculum, improve a product, service, or experience
but also by various immersion and for a segment of its customers. At the
experiential options. An interesting beginning of the semester students
development is the “Blended MBA” are paired with a Global Partner (GP)
format that offers short study periods at company in one of 16 cities that has a
different locations to help participants get product or service challenge they would
a feel for the business environment. Many like the team to address with their local
top business schools, such as INSEAD, consumers. The course culminates in a
now have campuses on several continents one-week immersion at the end of the
and their full-time MBA students can semester, at which time students travel An outstanding feature
rotate during their studies. Short-term to their assigned immersion location
study trips and international projects and meet their GP and local consumers of international MBA
are common features in MBA education in person. To maximise the experience, programmes is their
today. students are asked to travel to a city and
country in which they have no significant focus on reflecting
Here is one of the options that Harvard prior work, travel, or life experience.
Business School (US), for example, the global business
offers – Field Immersion Experiences The number of options available in environment and
for Leadership Development (FIELD). present-day MBA curricula presents
This is a required course for first-year difficulties in that it requires much more preparing managers
MBA students. During FIELD, students research to select just the right degree
work in small, diverse teams to help solve programme for your specific career path; to lead across borders
customer challenges for global partner but this research more than pays off by in diverse cultural
organisations around the world. Using delivering a degree that is tailored to your
the process of human-centred design, individual needs. □ K.H. settings.

ACCESS MBA GUIDE 2017-2018 49

 The Power of
MBA TEACHING

Being Authentic
How the MBA takes you to your true comfort zone

W
ith corporate talent
recruiters focusing on
leadership, soft skills,
and emotional intelligence for
managerial positions rather
than just mastery of business
knowledge, business schools
have become quite creative in
taking MBA participants to the
full potential of their personality.
What can you expect and are you
ready to plunge into self-discovery
during your MBA studies? programme develops technical competence, of business leaders, business schools
self-awareness, and moral judgement. We challenge their participants to look at
The MBA provides a healthy balance in offer real-life, solid education recognised business from very different perspectives.
teaching both hard and soft skills. Apart from for its direct applicability and impact,” For 12 years, EDHEC Business School
the traditional teaching methods such as highlights the IMD Business School (France) has offered courses in philosophy
lectures, class discussions, group projects, (Switzerland) Dean of MBA Programme Ralf for its MBA participants. “The initial idea
and case studies, these skills are developed Boscheck. This business school offers a really was to give a ‘humanistic’ dimension to the
by various forms of experiential learning comprehensive set of services combining MBA, alongside very down-to-earth courses
and simulations. B-schools have adopted classroom and off-campus interactions. on formulating a strategy or analysing a
creative approaches to building the soft MBA participants’ self-discovery comprises balance sheet,” said Michelle Sisto, director
skills and leadership potential of their MBA psychoanalytical coaching, peer reviews, of the school’s Global MBA in 2017 for Le
students. MBA programmes are invaluable and individual reflection and this enables Monde. Beyond the classes devoted to
for their action-based learning experiences them to improve their skills to navigate philosophy, EDHEC professors integrate
for self-awareness, personal development, organisational contexts, explore leadership ethics into their courses. This has the effect
and leadership growth. These forms of issues surrounding group performance, and of enabling debates to arise, such as in
untraditional but transformational learning understand how their own moral compass an accounting session during a financial
are centred on direct action and experience. impacts decisions. In addition, the Career scandal that raises questions about
Placing students under authentic levels of Stream of the IMD MBA provides coaching transparency and accountability. “In our
stress and uncertainty forces participants to on personal development goals, career ultra-connected society, it is a luxury to take
step out of their comfort zone and exceed planning, and recruitment strategies. the time to ask fundamental questions,”
their personal limitations, stimulates quick insists Ms Sisto, who aspires to “give senior
thinking and smart decisions, highlights team Business schools have differing approaches managers this habit of reflection.”
roles, and reveals authentic leadership. for leadership development and this part of
the MBA learning experience is worthwhile As worthwhile as it is, taking the time
Personal, leadership, and exploring on its own, in addition to the to reflect can really be a luxury with
career coaching curriculum, as it can make all the difference the pressing timelines and quick, smart
during your MBA studies. decisions that are the daily routine of
Personal, leadership, and career business leaders. Practising in a controlled
development coaching is becoming a Ethics and philosophy and safe environment is a unique
standard element of MBA programmes opportunity to find your true limits and
around the world. “The IMD MBA With regard to adjusting the moral compass authentic style.

50
Empower yourself with gained insights into the importance of timing,
your authentic style decision making, and leadership skills.

The MBA programme of Wharton School of In Denmark, through a Leadership

the University of Pennsylvania (US) provides Development Process, the Copenhagen
Leadership Ventures – outdoor experiential Business School provides its Full-time MBA
leadership development opportunities. This students with the opportunity to develop
module consists of highly immersive, hands- self-awareness, empathy, and an in-depth
on experiences for exploring and mastering understanding of themselves, learn their
your capabilities for effective individual and true leadership style, and appreciate the
team leadership in business and beyond. differences in others while enhancing their
In the 2016/2017 academic year, MBA ability to create and lead diverse teams.
students at Wharton could choose among
a full spectrum: mountaineering, trekking The focal point of the Leadership Development
and rafting, and mountain biking and rock Process is a multi-day leadership simulation,
climbing in Chile; a canyoneering experience conducted in the wilderness of southern
in Canyonlands, Utah in the US; sailing, Sweden. Through a series of outdoor
backpacking, mountain biking, rafting, and activities students take turns to perform as “I was out of my comfort
kayaking in New Zealand; and even trekking a leader, while receiving feedback from peers zone and close to my limits
in Antarctica. The B-school also offers two and coaches on how to perform in subjects
intensives – a Fire Department simulation ranging from teamwork and communication several times during the
in New York City, and a military simulation in to interpersonal and leadership skills. This
Quantico (US). helps every participant to create their own experience, which definitely
frameworks and models on leadership based presented me with some
In B-schools across Europe, experiential on practice and reflection. “I was out of my
learning of leadership growth through various comfort zone and close to my limits several of my biggest fears and
off-campus activities is also common practice. times during the experience, which definitely
HEC Paris (France) holds regular leadership presented me with some of my biggest fears strongholds. The class was
classes and one of the most innovative is a and strongholds. The class was essential essential for the success
two-day seminar with the French Army. The for the success of the experience, as group
seminar has been so successful that it is now feedback was a key part of all the processes,” of the experience, as group
compulsory for both Full-time and Part-time says Gabriel Bachmann, MBA 2015 class of
MBA students. They are taken for a two-day the Copenhagen Business School in Denmark, feedback was a key part
off-campus activity at the Saint-Cyr Military in a posting to the school’s blog. of all the processes.”
Academy. Through various field exercises
such as leading a group of people across a As an alternative to extreme outdoor Gabriel Bachmann
river, participants put their decision-making adventures, MBA participants can be
and leadership skills to the test. challenged for self-discovery by more artistic
exercises such as dance, painting, or even
In another part of Europe, MBA students meditation. Theatre workshops develop
of the Cass Business School (UK) faced an public speaking potential, negotiating skills,
exhausting physical challenge climbing one and the channelling of emotions. “We remain
of Iceland’s most spectacular glaciers, Mt on the professional field,” shares Jacques
Eyjafjallajökull, the volcano that erupted in Digout, professor in Digital Marketing at
2010, covering Europe with clouds of dust Toulouse Business School for Le Monde. “The
and bringing the continent to a standstill. aim is to see how these techniques can be
“Resilience, determination, collaboration, used for educating managers to take distance
and personal leadership are sought-after and manage stress.”
qualities in MBA graduates,” says Dr Sionade
Robinson, Associate Dean. “Students needed Indeed, MBA programmes are truly
to be physically and psychologically prepared challenging on multiple levels, but the
for this activity. The Cass MBA Leadership good news is that you can choose the
Expedition was designed to challenge them transformational approach that suits you
– half of the climb was on the glacier and best. What Mr Bachmann shares holds
required special glacier safety measures true for many and probably for you too: “It
and equipment.” Mr Robinson explains helped me discover my personal leadership
participants have shared that they have style and to understand that it is a process
benefited both personally and professionally of continuous discovery, which will likely
from this exciting, challenging, and exclusive be ongoing for the rest of my professional
leadership development experience, and life.”□ I.D.-S.

ACCESS MBA GUIDE 2017-2018 51

 MBA CAREERS
The Charms of
an MBA Degree
How an MBA experience
shapes and transforms careers
M
BA studies are all about Management Admission Council (GMAC)
change and they are reveal that a specific event or circumstance
often labelled as a highly often triggers MBA students’ journey to
transformational professional business school. Three in four prospective
and personal experience. Business students, or 77% of all survey respondents,
schools around the world attract first considered business school because
millions of applications every of a specific event. Most commonly,
year. So, why is this qualification when professionals initiate a job search
so sought after? they realise they lack the knowledge,
skills, or qualifications that will make
Money talks them competitive for the desired job.
Although this is a common reason for
The MBA degree is often used as a means many to consider business school, it is
of progressing on the career track but particularly relevant to those who aim to
also quite often as the magic wand to increase their marketability (97%), or who
change career direction entirely. Some feel job instability (40%) or dissatisfaction “The way I view things
professionals approach business school
with a strict action plan for the next steps
with their current salary and promotion
potential (28%). Needless to say, there
has gone from ‘someone
in their career growth, knowing exactly are professionals for whom MBA degree interested in the world
what they want from their professional studies have always been part of a long-
development, having clear career goals, term career development strategy and around her’ to ‘someone
and an awareness of what it takes to who know when the time is right to take
achieve them. Colombian Ricardo Yepes this step.
who is part of the world
explains: “I personally wanted to change around her.’ ”
careers. The MBA helped me open those No matter what first leads individuals
doors that were closed before. In one of to consider a graduate business degree, Victoria Havens
my classes I met my current boss.” figures show they have similar goals.
Would-be MBA students want to
Yet for other MBA recent graduates, develop general business knowledge and
business school is the perfect environment managerial and leadership skills, increase
to help them open their minds, clarify their earning potential, receive more
professional ambitions, and reach out to challenging projects at work, have access
new horizons. Aditaya Singhal from India to more career opportunities, and gain a
shares: “When I came to ESADE and I went personal sense of accomplishment and
through the education I realised that if you achievement.
just have an open mind, you can pretty
much do anything and everything.” In The survey shows that students deciding
addition, personal transformation can make to enrol in a graduate business programme
all the difference, as MBA Victoria Havens typically have three general career goals in
from the US describes it: “The way I view mind for their postgraduate employment.
things has gone from ‘someone interested The majority anticipate they will either
in the world around her’ to ‘someone who continue along their existing career path
is part of the world around her.’” or switch to another job function or
industry, with 34% and 40% of respondents,
Career triggers respectively. Overall, one in four prospective
students, or 26%, expressed a desire to
What is it that drives professionals start a business.
to take practical steps towards MBA
studies? Findings of the 2016 Prospective Data of the Access MBA Tour – over 80
Students Survey Report of the Graduate One-to-One MBA events annually around

ACCESS MBA GUIDE 2017-2018 53

 the world – reveal that there can be MBA studies provide is their focus on soft
“Teamwork skills such considerable regional variation in the skills and business leadership that reflects
as adaptability, valuing motivation for MBA studies. Triggers perfectly the needs of today’s employers.
range from a desire to progress up the The GMAT Corporate Recruiters Survey
others’ opinion, ability corporate ladder or start an international highlights that “Communication skills
career to self-improvement. These regional rank highest among the skills employers
to follow a leader, and variations depend on the local business consider most important. Four of the top
cross-cultural sensitivity environment and the stage of applicants’ five skills employers seek in new hires are
career development, illustrating that the oral and written communication, listening
are among the top most MBA is really a personal project. skills, and presentation skills. Teamwork
skills such as adaptability, valuing others’
sought-after skills for new Market incentives opinion, ability to follow a leader, and
graduate business hires.” cross-cultural sensitivity were among
Professionals looking for business the top most sought-after skills for new
GMAC* leadership positions consider the MBA graduate business hires.” An MBA degree is
degree as key for their development a guarantee that you have the knowledge in
because of the positive response from all disciplines related to driving a business,
the labour market to MBA degree holders. but also the mindset and skill set that are
Corporate hiring plans for this year point valued so highly.
to robust employment opportunities for
graduates of MBA programmes. In the Lynn Lee, managing director of US-based
GMAC Corporate Recruiters Survey 2017, executive search firm Atlantic Research
nine of every ten respondents (86%) Technologies, highlights that the MBA
plan to hire recent MBA graduates in can be perceived as a passport to some
2017 compared with 79% of employers jobs. For some industries and job titles
who hired them in 2016. In addition, the the MBA is a must. Not having an MBA
majority of surveyed employers plan to in large multinational companies or high-
increase the starting annual base salaries tech start-ups can hinder your access
for new MBA hires by or above the rate of to the highest ranks. “For the very top
inflation, and an increase in the median corporate positions at many North
starting base salary is projected for 2017. American companies it can be considered
a red mark against a candidate if he or
In addition to bright career prospects, she does not have an MBA. A person with
*Graduate Management Admission Council an essential competitive advantage that a truly outstanding employment record

54
can get a great senior management job
without an MBA or other advanced degree,
but companies might decide that they will
only interview candidates with MBAs or, if
they are looking at candidates with similar
achievements and abilities, they might
give an edge to the one with the MBA. For
manufacturing, operations or supply chain
jobs, an engineering degree coupled with an
MBA sometimes is more favourably viewed
for management jobs than Master’s degrees
in technical fields,” she says.

Open your mind to new

horizons

Many choose to pursue an MBA degree

not because they want to advance in their
careers or climb the corporate ladder
but because they appreciate maximum
flexibility when it comes to future career
prospects, realising that an MBA enables
them to do almost anything and everything.

Indeed, in recent years, as entrepreneurship

has been one of the most spelled-out words
in business school campuses, top B-schools
have continued to invest time, resources,
and faculty in entrepreneurial programmes,
centres, and research. Many schools boast
accelerators, business plan competitions,
and even significant seed money for their
very best resident entrepreneurs. “Students
have the opportunity to learn from a wide
array of caring and accomplished faculty
who care about the skills needed to found
and grow companies,” Deb Whitman,
managing director of Stanford GSB’s Center
for Entrepreneurial Studies, was quoted as
saying by Poets and Quants.

Kapil Reddy, a 26-year-old from India, gained

his MBA at the University of Bath School
of Management (UK). After joining the out and differentiate themselves from their Opponents of B-school education may argue
programme, he worked in consulting roles peers,” says Mr Reddy, who is launching that running a successful business venture
for several UK-based start-ups for over 12 Unielephant – a matchmaking web-based does not necessarily require an MBA
months, which enabled him to start his platform which connects university students degree and that real life is more valuable
own business venture. “During the MBA, I with consulting internships at start-ups and than campus education. Indeed, this could
volunteered for consulting work with several non-profits. Mr Reddy is one of the first be a grounded argument but no one can
start-ups. People were very impressed with recipients of the University of Bath’s Foulathi disregard the fact that MBA education
my experience of solving real-life problems. Scholarship, part of an alumni-funded is a once-in-a-lifetime transformational
I was in a very good position when sending scheme to support student entrepreneurs. experience that opens new perspectives,
off job applications. I thought that that was He received a GBP 12,000 (USD 14,500) brings you to wider horizons, and enables
exactly the kind of advantage that I wanted scholarship to launch his start-up in the you to reach even unimagined professional
to give to every student; to help them stand university innovation centre. and personal heights. □ I.D-S.

ACCESS MBA GUIDE 2017-2018 55

 A Taste of the
MBA CAREERS

Real Business Action

How MBA programmes bridge academia and industry

T
he MBA is designed to while others can be long and arduous,
propel professionals into culminating in a job offer from Amazon
the top echelons of the or Eli Lilly.
business world. But how do MBA
programmes give students a taste INSEAD (France), for example, offers
of the real business action? a range of popular electives that take
learning beyond the classroom. Courses
While enrolled in an MBA programme, such as “Building Businesses in China”
students want to be sure that they will not or “Building Businesses in Silicon Valley”
be stuck on campus for the whole duration give students the opportunity to meet
of the course. They need to know that at a variety of alumni, entrepreneurs, and
least for a while they will leave the orderly executives in different countries, allowing
academic life and be granted access to the for hands-on learning. The trip to Silicon
topsy-turvy business world. And business Valley, for example, may see students meet
schools are more than happy to oblige. the founders of billion-dollar companies,
Over the last decade or so, universities have renowned venture capitalists, and top
modified their MBA programmes to include head-hunters. These field trips also include
activities such as field trips, meetings with visits to the headquarters of companies
executives, mentorship programmes, etc; such as eBay and Google.
all with the aim of confronting participants
with real-world business challenges. The trip to Silicon Valley in particular
reflects INSEAD’s desire to remain abreast
Trotting around the globe of technological progress. Driven by the
transformation in the global workplace, the
International travel has become one of the school announced in March 2017 that it
key features of MBA programmes, partly will modify its MBA curriculum to include
because of the need to show students new topics such as fintech, big data, and
how business is done in different corners social media analytics.
of the world. Travelling is more popular
at business schools in the United States Prepare for some action
where most of the students are American
and are less likely to have international Field trips are a good way of introducing
work and travel experience. MBA classes students to new places and different
in Europe are more international and corporate cultures. What is more, they
travelling abroad is not that high on the always have an air of adventure and holidays
students’ agenda. about them. Some MBA activities do not
even pretend to be educational, such as
These trips can take various forms: from the skiing trips that have become a trend
short, one-week course projects to whole across MBA programmes. The University
semesters abroad. Their aims also differ. of Michigan’s Ross School of Business (US),
Some are purely for the experience, however, has chosen another method to

56
expose its MBA students to the real world & Management (Germany), invite CEOs more attractive than domestic courses. In
of business. Ross’s Multidisciplinary Action and other business executives to their an effort to change that, at least to some
Project (MAP) is quite intense and is the campus. Each month Frankfurt School’s degree, Moscow School of Management
students’ sole focus for seven weeks. The MBA students have a boardroom meeting Skolkovo (Russia) launched a redesigned
business school works with partners such with leaders from German industry and MBA programme in 2014. To make the
as Accenture, Eli Lilly, Procter & Gamble, business. Previous events have included new course more enticing and to grant
Heineken, and Amazon. A team of students top executives such as Klaus-Peter Mueller, its students access to the real business
spends seven weeks with one of these Chairman of Commerzbank, Lutz Raettig, world, the business school introduced a
partners, enabling both sides to decide Chairman of the German subsidiary of programme that pairs each MBA participant
if they want to work with one another. Morgan Stanley, ex-Hesse State Premier with a mentor who is considered a member
Over the course of seven weeks, students Roland Koch, and many more. The overall of Russia’s business elite, such as billionaire
in four- to six-person teams, guided by goal is to introduce students to decision- Roman Abramovich or philanthropist and
faculty members, tackle a complex business making processes and experience as businessman Ruben Vardanyan.
problem for a company or nonprofit. presented by successful executives. The
Students travel to spend time in the field programme participants are thus able to In addition, small business owners and
and with clients, with the sponsor covering learn business etiquette and extend their those going through the programme
travel and living expenses. This is no network. without full-time jobs can complete
hypothetical case or project: MAP projects internships at companies such as Credit
are real – and sponsor organisations expect The Frankfurt School is not the only one to Suisse and MasterCard.
students to deliver clear outcomes. make a practice of inviting top executives
to its campus. Chief executives are now The school chooses professors with solid
The programme started in 1992 as a way spending more time on college campuses ties to industry. They come from schools
to foster greater connections between and some, such as David MacLennan, CEO such as INSEAD (France), Cambridge (UK),
Michigan MBA students and the greater of US commodities trader Cargill Inc., go Stanford (US), and IMD (Switzerland) and
Detroit business community. Today, the as far as to contact top MBA students are either entrepreneurs or are running
MAP course is a hallmark of the Ross personally in the hope that a direct successful international consulting
Full-time, Evening, Weekend, Global, and connection will persuade them to work practices.
Executive MBA programmes – involving for the company.
more than 500 students each year. Hands-on projects with
Having Roman social impact
Executives on campus Abramovich as your
ESADE (Spain) offers not one but several
Instead of organising trips to corporate personal mentor initiatives that enable students to go
headquarters, some business schools, Russia’s young corporate talent generally beyond the typical case study and
such as the Frankfurt School of Finance finds US and European MBA programmes implement their ideas in a corporate

ACCESS MBA GUIDE 2017-2018 57

setting. The Action Learning Consultancy together with students from Italian,
Over the last decade or so,
Project (ALCP), for example, is a three- Norwegian, Finnish, and Australian
month, hands-on chance to analyse a real- universities. Their goal was to create new universities have modified
world business problem and propose a products and services that solve some
consultancy-style solution. ALCP takes of the problems currently facing society their MBA programmes to
place in ESADE Creapolis, an innovation in three areas: engineering (providing
include activities that aim
centre that is home to more than 70 technological solutions), management
companies, including many start-ups. (overseeing and ensuring the feasibility to confront participants
Students work in teams of three or four. of the project), and design (facilitating the
The challenges provided by companies usability and experience of the product with real-world business
can be in any functional area: HR, or service).
challenges.
corporate strategy, marketing, finance,
or innovation. International students can In addition, ESADE’s MBA students can
become familiar with Spanish companies participate in the Solidarity Consulting
and business culture, and everyone can Programme where they can apply their
learn first-hand about the problems acquired knowledge in a hands-on project
and opportunities that companies face with social impact. The projects offered
in the local and global arenas. The list as part of this programme are located in
of companies which have taken part in developing countries such as Guatemala,
previous action learning projects at ESADE Nicaragua or India. Their goal is to
includes Abbvie, Bicentury, Gallina Blanca, contribute to strengthen organisations
Intergroup, Menkes, Mstake, Novartis, devoted to the promotion of a fairer
Quimera, Sanofi, and Somrie. society. Placements in these countries last
about 10 weeks.
A team of ESADE’s MBA students, together
with students from Barcelona Design All these examples serve to demonstrate
School (IED) and Barcelona School of the great variety of projects across MBA
Telecommunications Engineering (ETSETB), programmes offering exposure to hands-
was chosen in December 2016 to take on experience. The world of business and
part in the international Challenge Based innovation is too fluid and dynamic to be
Innovation project in collaboration with examined solely in cloistered campuses,
CERN. After two weeks of learning with and business schools realise that. There is
scientists at CERN’s facilities in Geneva, a lot to choose from. Just look around and
students from the three schools worked see what takes your fancy. □ V.V.

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 M B A A D M I S S I ON
Behind the Scenes:
MBA Admission
Who gets a say in evaluating
your MBA application?
C
ongratulations! You’ve you to apply to their school, thus ensuring
decided to pursue an MBA that the school’s admissions committee will
degree. You met with have the largest pool from which to select
admissions representatives from the best candidates. However, if recruiters
business schools at an MBA fair see clearly that there is no match between
or at school information sessions. your expectations and the programme
They really liked you, gave you offering, or if your profile clearly fails to
good feedback on your CV/resume, meet the admissions requirements, they
and encouraged you to apply. You will let you know. Remember though that
feel inspired – you never thought an invitation to apply in no way indicates
applying to your dream business your likelihood of admission. It means
school would be this easy! Your simply that you fit a broad range of the
application should be smooth school’s criteria for candidates.
sailing now, right?
Stage 2: Preliminary Many candidates become
Not quite! Many candidates become assessment
overconfident after the first meeting with overconfident after the first
the business school’s admissions office, Once you start narrowing down your list
and then are dismayed when they receive of targeted B-schools, you will need to be meeting with the business
a rejection letter. To help you understand able to assess whether the schools are school’s admissions office,
what could go wrong with your application the right fit for you, and if you have what
it is helpful to know how admission it takes for admission. and then are dismayed
decisions are made at business schools,
who makes them, and what you can do Some business schools, such as Queen’s when they receive a
to influence them in your favour. Smith School of Business (Canada) and rejection letter.
EDHEC Business School (France), offer free
Even though the exact admissions preliminary evaluation of your profile. An
procedures differ between business admissions representative will review your
schools, your application will likely go CV/resume and unofficial transcripts, will
through the following five distinct phases. discuss your work and education history
With whom are you going to interact at (and anything else that may be relevant
each stage, and whose opinion counts? to your application), and will recommend
Find out below. a course of action to prepare a successful
application. This preliminary profile
Stage 1: School selection evaluation can be in person, by phone,
or via Skype.
Your first contact with a school’s
representatives, on- or off-campus or If this service is not available at your
by phone, will probably be with the targeted business school, you can obtain
school’s recruiters. Recruiters often work a preliminary assessment from an
at admissions offices, and sometimes experienced admissions consultant. Many
perform the dual roles of recruitment and companies, including Admit Master, offer
admissions. However, at this stage their this service for free.
objective is to attract as many qualified
applications as possible. Another great thing you can do is reach
out to student and alumni ambassadors
As at this early stage they have limited to learn about their experience in the
knowledge of your work and education programme and/or after graduation. Many
history, recruiters will normally encourage B-schools will be happy to connect you with

ACCESS MBA GUIDE 2017-2018 61

their ambassadors. University of Michigan’s faculty members or the programme director Michigan’s Ross, you would be interviewed
Ross School of Business (US), for example, as well as career services representatives by second-year MBA students, who have
lets you search their ambassador database for a more precise evaluation of your only had access to your CV/resume, not
and filter by programme, career interests, application. your essays or any other parts of your
student clubs, citizenship, etc., so that application. There, you can also attend an
you can connect with a current or former Stage 4: The interview optional (but highly recommended) Group
student who has a profile similar to yours. Interview on campus, when current Ross
Congratulations! If you have been students will evaluate your communication
Stage 3: First review invited for an interview, your chances of and teamwork skills. At IMD (Switzerland),
admission have increased significantly! you will attend an Assessment Day that
Once your application has been submitted, Treat the interview seriously, however, as will include a personal interview with an
it will be read by one or two admissions approximately 50% of candidates at most admissions and/or career services director,
officers. The person reviewing your B-schools are rejected after the interview. a five-minute presentation, a group
application may or may not be one of the business case discussion, lunch with MBA
recruiters you met with earlier, so focus Most interviews are conducted by one or alumni, and a visit to a real MBA class
on preparing the best possible application two school representatives, although their
and assume that the person reading your job titles will differ from school to school. Stage 5: The final decision
documents knows nothing about you. At Queen’s Smith, for example, you would
be interviewed by an admissions director The final decision on who will be admitted,
During this pre-selection process, and a career coach, both of whom will rejected, or waitlisted is usually made by
admissions officers can also consult with have read your application in its entirety. At an MBA Admissions Committee (AdCom).

62
 During the course of
the admission process,
your application will
probably be looked at
by five or six different
people, who will bring
different perspectives to
its review.

While B-schools seldom advertise signed off by a senior staff member: the
the composition of their committees, Director of Admissions, Associate Dean, or
most AdComs comprise three to seven the MBA Programme Director. If they have
people: faculty members, career services any questions or concerns, they may forward
representatives, admissions officers who your application for an additional review.
worked on your application file, and
maybe some current students and other A few final tips
stakeholders.
During the course of the admission process,
The committee reviews all shortlisted files, your application will probably be looked at
hears recommendations from admissions by five or six different people, who will bring
officers and other representatives who have different perspectives to its review. While
evaluated your profile, and makes a final the final decision is usually made by people
decision, whether that requires a simple whom you have never met, this decision
majority vote or unanimity. Applications considers input from various stakeholders
are reviewed not in isolation, but within who interacted with you during your
the context of the class composition – application journey. Be extremely courteous
sometimes a qualified candidate could be and professional with everyone you meet,
rejected because the school has already even if you think they have no say in the
admitted many candidates with similar admissions decision. Do not be arrogant or
backgrounds. In later application cycles, over-confident, but know your value and
the committee also reviews files that were communicate it clearly. Finally, to maximise
waitlisted in earlier rounds and compares your chances of admission apply early, focus
them with applications from the current on quality vs. quantity, and if possible obtain
cycle to select the best candidates from coaching from an admissions consultant
the total pool. who has insider experience and can
guide you through the intricacies of the
At many B-schools, such as the University of application process and ensure that your
Pennsylvania’s Wharton School of Business application is nothing short of stellar.
(US), the final acceptance decision is then □ Sergey Kouk, Admit Master

ACCESS MBA GUIDE 2017-2018 63

MBA ADMISSION

Master the GMAT:

Build the Right Skill Set
GMAT is a test of skills, rather than knowledge

A
s of 11 July 2017, for the of the exam. You can now start with
first time in the history of the Essay (as in the “traditional” GMAT
the Graduate Management format), the Verbal, or the Quant section.
Admission Test (GMAT), test takers This change provides greater flexibility to
can choose the order of the four test takers and enables candidates who
exam sections (a small pilot was are challenged by the Quant or Verbal
run in 2016, but it affected fewer sections to potentially improve their
than 1% of test takers). Why was scores by starting the test with a “harder”
this change implemented, how section, while they are fresher.
will it affect your test-taking
experience and, most importantly, Before you can decide what strategy
what can you do to take advantage would work best for you, however, a
of this change to maximise your thorough understanding of the essence
GMAT score? of the test is a must.

Developed specifically as an admission So what is the GMAT all

test for business schools, the GMAT exam about?
has been evolving over its 65-year history
to better assess candidates’ potential for GMAT is unlike almost any other test you
success in B-school. The initial version of have ever taken. Most exams test your
the GMAT contained just Quantitative knowledge of specific content, such as
and Verbal Reasoning sections. In 1994, Maths, English, or Chemistry. Even during
the Analytical Writing Assessment (AWA) your professional life, you may have
section (which contained two types of taken certification exams that evaluate
essays) was added to the GMAT to help your understanding of a certain Body of
Knowledge. GMAT is an admission test for
schools assess candidates’ writing abilities.
graduate-level business and management
In 1997, the exam was transformed from
programmes, so you might be forgiven for
a pen and paper test to the computer-
thinking that this exam measures how well
adaptive (CAT) format that ensures a
you know business. Then, if you looked at
more precise evaluation of the level of the the exam structure (the GMAT consists of
skills tested, based on an intricate scoring an Essay, as well as Quantitative, Verbal and
methodology that selects questions based Integrated Reasoning sections), you may
on the answers to previous questions. In have thought that the GMAT is an exam of
2012, one of the two essays was replaced Maths and English language…
with a new section – Integrated Reasoning
(IR) – that evaluates a candidate’s ability to Both of these misconceptions are quite
synthesise and analyse data from multiple far from the truth. Here is an excerpt
sources and in different formats to solve from the official GMAT brochure: “Rather
complex problems. than testing your knowledge of business
or any other subject matter, the GMAT
Following the recent change, candidates exam measures higher-order reasoning
can choose the order of the four sections skills – skills that matter in management

64
classrooms and in the 21st century global become a CEO, you should first learn how Getting a 700+ GMAT
workplace.” The creators of the test have to think like one! score requires a heavy
said it themselves: the GMAT is a test of investment of time and
skills, rather than knowledge – yet most If the GMAT is a test of effort. Is it worth it?
candidates completely miss this fact! Even skills, why do so many
if they do not, many of them still focus people try to study for it When we meet new candidates and ask
on trying to memorise a vast amount of by memorising content? what score they would like to get in the
content instead of developing the skill set GMAT, we often hear: 700! So why is getting
that will not only help them reach a 700+ Mastering skills instead of memorising a high score in the GMAT so important?
score, but will also be invaluable for their content not only takes longer, but is also Indeed, there is great value in doing well in
MBA studies and for their future careers. an unfamiliar way to study for most people. the GMAT. A high GMAT score will help you:
As you may remember, most exams you • Demonstrate that you have developed a
What skills does the GMAT have ever taken required you to memorise skill set for success in business school and
actually test? very many concepts, so this is how most in managerial roles.
of us are used to studying. • Meet the admissions requirements
You already know by now that the GMAT of a large number of reputable MBA
measures advanced reasoning skills that Unfortunately, many GMAT preparation programmes globally.
are relevant to your success in a business resources and even some GMAT prep • Qualify for higher entrance merit-based
school and beyond. Moreover, because courses offer “content-based curriculums” scholarships that will consequently boost
the GMAT is the only standardised way that are designed for the memorisation your ROI and free up your resources for
for admissions committees to evaluate style of learning, because this is what most new business ventures.
candidates from different backgrounds, people can easily relate to. While these • Have a better chance of landing a job in
business schools look at GMAT scores very resources may cover the GMAT content a competitive industry, because recruiters
seriously. Your GMAT results will help MBA in great detail, they often fall short in in these industries consider GMAT scores
admissions committees assess how well- helping students develop the higher-order when filtering top candidates.
developed your skills are and, therefore, reasoning skills that will help them achieve • Signal that you are a top candidate
how likely you are to be successful in the the “gold standard” score of 700+ (on a committed to exceeding expectations with
MBA programme. 200-800 scoring scale). As a result, the persistence and dedication.
average GMAT test taker will score around
At Admit Master, we strongly believe in the 550 – certainly limiting their chances of We at Admit Master strongly believe that
long-term value of skills development. All admission to top-tier business schools. anyone can achieve a high score, and many
our GMAT courses (available in person in of our clients do, although statistically only
Canada and the United States, and online Moreover, developing skills takes time and 10% of candidates score 700 or more.
globally) follow a skills-based approach. effort. Many people see slow progress and Achieving a high score on the GMAT requires
We call the skills tested on the GMAT become discouraged, or may even give not only knowledge of rules and formulas,
“Thinking like a CEO”. If you’re able to up. However, if you stick with the process but also a deeper understanding of the test,
analyse and synthesise information, ask the of building the right skills, if you focus on as well as commitment to developing the
right questions, make the right decisions, understanding the big concepts and their skill set for success in business school and
and manage your time well, you will not applications for the test, and if you get beyond. The GMAT is not just an admission
only do well in the GMAT, but will also be the right support and coaching, you could test – it is a learning opportunity that
a valued candidate for future employers achieve remarkable results, as many of our prepares you for success.
after graduation. After all, if you want to students do. □ Sergey Kouk, Admit Master

ACCESS MBA GUIDE 2017-2018 65

MBA ADMISSION

Testing Your MBA Skill Set

Which are the MBA admission exams?

N
early all MBA programme so it is only natural for schools to seek English language proficiency
candidates must submit one out those candidates with the skills tests
or more test scores along and abilities necessary to do well in a
with their application, but which rigorous academic environment. The A non-native English speaker might
MBA entrance exams are required typical way these schools evaluate your experience great difficulty in an all-
by the B-schools and universities candidacy is by requesting – and, in English degree programme as advanced
offering the degrees? The short some cases, requiring – you to submit and challenging as an MBA. To minimise
answer is that it all depends on the the results of at least one standardised a student’s risk of failure, a B-school or
school, but what follows is some test. university may require a minimum score
practical information on how to on one of the English language proficiency
jump-start your research. The tests you will likely encounter fall tests below. This requirement is frequently
into two categories. First, most MBA waived if a student comes from a country
Purpose of MBA entrance programmes are taught in English, so the in which English is a native language or, in
exams schools must ensure that you have total some cases, all courses in the applicant’s
mastery of the language, which includes undergraduate programme were taught
Just as you will thoroughly evaluate reading, writing and speaking English as in English.
the possible B-schools and universities well as understanding the spoken word.
for the best MBA programme for your This is evaluated through the English IELTS or TOEFL
needs, so will the schools evaluate you language proficiency tests described The International English Language
for your potential to succeed, both during below. Second, graduate schools – and Testing System (IELTS) and the Test of
their programme and afterwards. After certainly MBA programmes – want an English as a Foreign Language (TOEFL)
obtaining your MBA degree, you become assessment of your potential to do well are far and away the most common
an ambassador of sorts for the school. in the programme, and they often use standardised tests required by B-schools
Your success reflects well on the school your scores on aptitude tests to estimate and universities to measure the English
– and on the programme, in particular – your chance of success. proficiency of international students. Each

66
is roughly four hours long, with sections School-specific tests or the Graduate Management Admission
dedicated to testing a student’s ability Some schools may not rely exclusively Test (GMAT).
to read, write, speak, and understand on outside testing providers to measure
English. One of the main distinctions English proficiency. For example, the Both the GRE and GMAT test a student’s
between the two tests is that the Monash Business School (Australia) verbal and quantitative reasoning as well
listening section (understanding the accepts minimum IELTS or TOEFL scores, as analytical writing skills. Traditionally,
spoken word) of the IELTS is conducted but it also offers international students the GMAT was the preferred (or only)
with a live instructor and can be taken another option. They can successfully standardised aptitude test accepted by
up to seven days before or after the complete the Monash University English B-schools and MBA programmes. In recent
structured exam, whereas the TOEFL Language Bridging Programme in lieu of a years, however, the GRE has become much
tests your listening comprehension with standardised test. more commonly accepted, and it has the
recordings. In addition, the IELTS is still benefit of being accepted by Master’s
a pen-and-paper test while the TOEFL Aptitude tests – GRE or GMAT programmes in many different fields
is administered entirely on a computer. rather than just business or management.
Acceptance into an MBA programme Alliance Manchester Business School’s
Students may take either of these tests is based on many different factors, the Full-time MBA admissions requirements
at any one of thousands of testing strength of a candidate’s application illustrate well the policy of many leading
centres around the globe, and the scores being only one of them. Many B-schools business schools: “The test score provides
can be sent to any B-school or university or universities additionally require a us with additional information to compare
you designate, either at the time you minimum score on an aptitude test, such applications from around the world
take the test or later (for an additional as the Graduate Record Examination (GRE) reasonably and objectively. The GMAT or
fee) if you find your shortlist of possible
schools changes. Your scores are valid
for up to two years and you can retake
the test if necessary after the test has
expired or if you need to improve your
score for your MBA application. You can
retake the TOEFL test as many times
as you like as long as two tests are not
within the same 12-day period. With the
IELTS, your retakes are only limited by
the available testing dates and times.

Though the content is very similar for the

two tests, the scoring is quite different.
The score range for the IELTS is 1 to 9,
and the range for the TOEFL Internet
Based Test (iBT) is 0 to 120. The fluency
in English required by MBA programmes
is usually reflected in a score of over 100
on the TOEFL iBT test and over 7 on the
IELTS exam.

Other standardised tests of English –

TOEIC, PTE, Cambridge
There are many other standardised tests
on the market that measure students’
proficiency with the English language,
among them the Test of English for
International Communication (TOEIC),
the Pearson Test of English (PTE), and
the Cambridge English exams. You will
need to check the specific requirements
of a particular school, but in most cases
B-schools will accept minimum scores
from any of these common tests. For
example, the HEC Paris (France) MBA
programme provides a list of minimum
accepted scores for each of the different
tests.

ACCESS MBA GUIDE 2017-2018 67

 School tests are an GRE score is only one of our admissions period, but the minimum time between
criteria – we are looking for the ‘right fit’ for tests is only 16 days.
excellent option for the unique Manchester MBA and we use all
of the admissions criteria to make a decision. School tests
professionals applying A very high score does not necessarily give Some B-schools have their own aptitude test
only to that particular a stronger chance of admission and a as part of their admissions requirements,
below-average score does not automatically either in addition to or in lieu of a GRE or
B-school. Standardised eliminate a candidate. You need to have a GMAT score. For example, the Vlerick
balanced score on all parts of the GMAT. Business School (Belgium) has its own pass-
tests, however, will be You should aim for a score of 600+. We will or-fail admissions test, called the VBAT, or
a better option if you take into consideration the highest score you Vlerick Business Admissions Test. Students
have achieved.” The average GMAT score must pass this test in order to be accepted
are applying to several of admitted students to some of the most into Vlerick’s MBA programme, and they can
competitive B-schools in the world can reach only take the test once per academic cycle.
schools. 730, so make an informed decision about Alliance Manchester Business School (UK)
the B-schools that you will target based on also has its own exam – the Manchester
your test scores and overall profile. Admissions Test (MAT) – provided as an
alternative to GMAT and GRE for MBA
Graduate Record Examination (GRE) applicants. School tests are an excellent
There are two types of GRE tests – the option for professionals applying only to
GRE General Test and GRE Subject Tests that particular B-school. Standardised tests,
in biology, chemistry, literature in English, however, will be a better option if you are
mathematics, physics and psychology. Many applying to several schools.
B-schools accept the GRE General Test as an
alternative to the GMAT. The score range for MBA entrance exams exist to help schools
the GRE is 130 to 170, and the score is valid evaluate candidates, but they also prepare
for five years. The test is administered on you as well. Studying for these exams –
a computer in over 160 countries at over whether for English proficiency or general
1,000 locations. You can retake the exam aptitude – is an ideal way to estimate your
up to five times in any 12-month period, own readiness for an MBA programme. Even
with a minimum of 21 days between tests. if the exams are not required by the school
you finally select, their practice tests and
Graduate Management Admission Test preparatory materials can polish your skills,
(GMAT) and your exam scores can demonstrate your
The GMAT test, as the name suggests, is preparedness to admissions counsellors – and
targeted at applicants for business and to you. In addition, high test scores improve
management fields of study. It is a common your chances of merit scholarships. Last but
requirement for MBA admission, but also not least, GMAT test scores may be taken
for some Master’s degree programmes – into consideration by employers, especially
e.g. in Finance. The GMAT shares many in fields such as management consulting and
of the characteristics of the GRE, such as finance.
scores being valid for five years, but it is only
available in about two-thirds the number of So, you have a good number of reasons to
countries and locations. You can also retake commit to test preparation well ahead of
the test up to five times in a 12-month your MBA application.□ K.H.

68
 MBA
GLOBAL

Features 2017-2018

Gain an Insight Into the Features of Top Universities and Business Schools

Europe North America

Amsterdam Business School 70 Concordia University - John Molson School of Business 98
Audencia Nantes School of Management 71 Fordham University - Gabelli School of Business 99
CMH International Hospitality Management School 72 Hult International Business School 100
De Montfort University Leicester 74 Ivey Business School - Western University 102
EDHEC Business School 75 McGill University - Desautels 103
Esade Business School 76 Loyola University Chicago 104
EU Business School International 78 Northeastern University 106
Henley Business School 81 Schulich School of Business - York University 107
HHL - Leipzig Graduate School of Management 82
Queens University - Smith School of Business 108
Leeds University Business School 83
Simon Fraser University - Beedie School of Business 110
International University of Monaco 84
Syracuse University - Whitman School
Loughborough University, School of Business
of Management 111
and Economics 86
UBC Sauder School of Business 112
Munich Business School 87
NEOMA Business School 88 University of New Brunswick 113
Nottingham University Business School 89 Vanderbilt University, Owen Graduate School of
Robert Gordon University Aberdeen 90 Management 114
University of Geneva 91
Sheffield University Management School 92 Asia and Australia
University of London 94 Hong Kong University of Science and Technology 115
Vlerick Business School 95 Business School
Warwick Business School 96 Monasch University 116
WHU Otto Beisheim School Of Management 97 National University of Singapore 118
MBA SCHOOL PROFILE

Connecting Futures
T he Netherla n ds
Student Body

Male/Female Ratio: 56/44%

Age Range: 25-45
Average Age: 30
Degree Background: 60% Master’s,
32% Bachelor’s, 8% PhD
International Students: 96%
Europe: 20%
Programme Presentation North America: 24%
Central/South America: 16%
The Amsterdam Business School (ABS) The Amsterdam MBA is a small-class MBA Middle East: 8%
is part of the University of Amsterdam of 25 students in the heart of Amsterdam, Oceania and Asia: 24%
(UvA), and its ethos reflects the a vibrant and multicultural European hub
combining long-standing business tradition Africa: 8%
university’s traditions as an international,
entrepreneurial, intellectual, and socially with entrepreneurial spirit. Having a 96%
responsible community. Building on this job placement rate and a strong focus Admission Requirements
heritage, the educational philosophy of ABS on excellence, the Amsterdam MBA
is characterised by exceptional lecturers, is a network- and teamwork-oriented University Degree: Bachelor’s degree
an international student base, small-scale programme with a unique personal touch.
from a research university
interactive seminars, workshops, and GMAT (minimum): 630
case-based programmes. The Amsterdam The curriculum of the Amsterdam MBA
Business School offers many benefits consists of four clusters that address key English tests: TOEFL iBT – 100;
challenges for future leaders in business IELTS – 7.0
thanks to its central location in the heart of and society. In addition to having a profound
Amsterdam, a major financial and business knowledge of general management issues References: 2
centre and a gateway to Europe and the rest related to an organisation’s strategy Minimum Work Experience years:
of the world. and operations, top managers require 3 years post-graduate
exceptional leadership skills, a profound
The ABS has officially acquired Triple Crown understanding of the financial side of their
status. With this achievement, the ABS is business and an in-depth knowledge of Costs
among the 1% of business schools worldwide emerging trends that sustainably impact
with “Triple Crown” accreditation from both the economic landscape and the Application Fee: No fee
AACSB, AMBA, and EQUIS. Additionally, the broader society. Therefore, we have Tuition Fees: EUR 35,900
University of Amsterdam ranks consistently defined four clusters: Leadership, Strategy
among the best in the world if one looks at & Operations, Finance & Accounting, and Scholarships: Partial scholarships
global rankings. Contemporary Management Issues. available. Please contact
[email protected] for more
information

Contacts
Programme Info: Jesper van de Vooren
AMBA, EQUIS, AACSB (Triple Crown), NVAO Email: [email protected]
Accreditations
(Dutch-Flemish Accreditation Organisation)
Telephone: +31 (0)20 525 5655
QS: #57 (#1 in the Netherlands)
Rankings Website: www.abs.uva.nl/mba
THE: #61 (#2 in the Netherlands)
Type of Programme MBA
Programme Format Full-time or Executive/Part-time (evenings)
Content Strength or Leadership; Strategy & Operations; Finance & Accounting;
Specialisation Contemporary Management Issues
Languages Courses English
Application Deadlines 30 June 2018
Starting Dates 1 September 2018
Exchange Programme MBA Visiting Fellows Programme (MIT Sloan)
Percentage of salary
26%
increase after graduation

70
MBA SCHOOL PROFILE

Become a Leader for Positive Change

F ra n ce
Student Body
BUSINESS SCHOOL Male/Female Ratio: 54/46%
Age Range: 66% between 30 and
Founded in 1900, Audencia Business School Programme Presentation 39 years old
is amongst the 1% of business schools Average Age: 30
holding all the top international academic Gain broad business knowledge and
accreditations – EQUIS, AACSB, and AMBA, training – and a unique set of responsible Degree Background: Students come from
and is consistently ranked amongst the top management skills. The Full-time MBA’s a wide range of professional backgrounds
100 worldwide. Innovation, cooperation, challenging curriculum, extensive co- – many in engineering or science, but
and responsibility (CSR) are core values at curricular events, and professional also fields as diverse as the humanities,
the heart of our teaching. projects prepare you for the complexity
and potential of responsible management. communications, law, and medicine
Located in Nantes, France, this elite “Grande Every dimension of the programme holds International Students: 90%
Ecole” welcomes over 80 nationalities in global responsibility as its core value: Europe: 46%
Master’s, MSc, MBA, DBA, and double- North America: 3%
degree programmes taught in English. - Experience-based learning in courses using Oceania and Asia: 33%
case studies, business simulation games,
group projects, and hands-on work with Africa: 3%
Master’s programmes taught in English
include: Full-time MBA, Master in companies – plus an optional internship Latin America: 15%
European and International Business
Management, International Master in - Professional development through seminars, Admission Requirements
Management, Master in Management, MSc master classes, French language acquisition
in Management-Engineering, MSc in Supply options, networking events, and career University Degree: Bachelor’s degree in
guidance and training any field
Chain and Purchasing Management, MSc in
Food and Agribusiness Management, MSc GMAT: GMAT or GRE required (No
in Management & Entrepreneurship in the - Final project options ranging from an minimum score required.)
Creative Economy. entrepreneurial plan to a business analysis English tests: TOEFL – 60-120; TOEIC –
to an academic research dissertation 600-990; IELTS – 5.0-8.0
Find out all about these programmes and English test score counts for up to 15% of
more at www.audencia.com/en - Study abroad opportunities
your admissions evaluation depending on
Programme Info: your score.
Accreditations EQUIS, AACSB, AMBA References: No references
The Economist (2016): Ranked 94 in the world, 2 for Student Diversity, Minimum Length of Work Experience:
and 11 for Faculty Quality 3 years
Rankings CEO Magazine (2016): Top Tiers in Europe
CNN-Expansión World MBA Ranking (2016): 61
NetImpact Business as UNusual ranking (2014): Top 25
Costs
Type of Programme Full-time MBA Application Fee: EUR 100
Programme Format Full-time, 1 year Tuition Fees: EUR 30,500
In phrase 1, specialise in Corporate Finance or Innovation & New Scholarships: Early Application
Content Strength or
Product Development. In phrase 2, specialise in Strategic Corporate
Specialisation
Social Responsibility or Entrepreneurship & Transformation
Scholarship – worth 50% of the tuition.
While the Full-time MBA is entirely English-taught, as an international Deadline - 31 January, 2018
student, you may attend optional French language courses, adding to
your portfolio of professional competencies Contacts
Intensive week for beginners: total duration of 30 hours; free of charge
Languages Courses (about one week before programme start) Office of International Admissions
Evening classes for all levels: Audencia’s main campus is situated just Email: [email protected]
across the road from the University of Nantes’ language department. Telephone: +33 2 40 37 34 34
You may choose to attend French as a Foreign Language (FLE) evening
Website: www.mba.audencia.com
classes there. There is a wide range of levels available.
Applications are open until the class is full and are processed on a rolling
basis. Due to the limited number of places available in this competitive
Application Deadlines
programme – and to benefit from early application fee waivers or
scholarships – we advise applying by 31 January.
Starting Dates September
Exchange Programme University of Exeter

ACCESS MBA GUIDE 2017-2018 71

MBA SCHOOL PROFILE

Preparing a “New Generation”

of International Hoteliers
F ra n ce
Student Body

Admission Rate: 3:1

Male/Female Ratio: 60/40%
Age Range: 24-40
Average Age: 30
Degree background: BSc/MA/MSc
International Students: 48 different
nationalities
Europe: 50%
North America: 1%
Central/South America: 6%
Located in central Paris, CMH is a business changing hospitality and luxury environments Middle East: 10%
school that specialises in international assuring future career success. Oceania and Asia: 14%
hospitality management, offering a range Africa: 10%
of MBA and Executive programmes. CMH has a branch in Barcelona where
seminars and the Hackathon are organised. Latin America: 9%
The mission of CMH has always been to
prepare a “new generation of hoteliers” with Programme Presentation Admission Requirements
operational and managerial skills who are
able to deal with the new developments of CMH offers various MBA programmes: University Degree: Bachelor’s/Master’s
high-end hotels and luxury brands. GMAT: Not required
MBA/Executive MBA in International
A special focus is put on digital skills, with Hospitality and Luxury Brand Management– English Tests: TOEFL iBT - 75;
the creation of the “Hospitality Digital a combination of core courses in Business TOEIC – 700
Innovation Lab” and the “Hospitality Service Administration and specialised tracks Minimum Length of Work Experience:
Hackathon” when hotels and companies in Hospitality Management, Luxury 3 years MBA; 6 years Executive MBA
submit challenges to encourage new ideas Brand Management, Communication,
and solutions. Entrepreneurship, Human Resources,
Real Estate and Finance. All students must Costs
Other specialised tracks cover Talent complete a consultancy project and defend
Management, E-reputation, Revenue a thesis in front of a jury of professionals. Application Fee: No fee
Management, Leadership, and Tuition Fees:
Entrepreneurship. eMBA with a specialised track in leadership MBA/Executive MBA: EUR 12,000
and international hospitality management
CMH graduates are well equipped for in a blended format with global seminars in (1-year programme)
management positions in the rapidly different cities of the world. MBA/Executive MBA: EUR 17,000
2-year programme)
Scholarships: Upon request

Contacts
Programme Info: Véronique Sournies
Accreditations ACBSP USA and ECBE EU
Email: [email protected]
MBA and Executive MBA in International Hospitality and Luxury Brand
Type of Programme
Management; eMBA
Telephone: +33 (0)1 45 26 59 28
Programme Format Full-time; Part-time; online Website: www.cmh-academy.com
Content Strength or Specialised tracks in International Hospitality, Luxury Brands,
Specialisation and Communication
Languages Courses English
Application Deadlines Admission from January to September
Starting Dates November
UPAEP Mexico; Alma Mater Europaea Slovenia; International University
Exchange Programme
Moscow
Percentage of salary
+15%
increase after graduation

72
 2011 2012 2015

MBA International
Hospitality & Luxury Brand Management
6 professional tracks
18 specializations

Executive MBA
International Hospitality &
Luxury Brand Management

online MBA
Leadership
International Hospitality &
Luxury Brand Management

Professional
Certification Level I
(Bac +5)
«Director of a luxury establishment in American European Accreditations
the field of Hospitality»
ACBSP
GLOBAL BUSINESS
ACCREDITATION

Bilingual programs French and English and entirety taught in English.

Full time and part time programs with management trainings and consultancy projects.

Informations: +33 (0)1 45 26 59 28 | [email protected]

52, rue Saint-Lazare - 75009 Paris | www.cmh-academy.com
 OUR FLAGSHIP EXECUTIVE MBA
CMI accredited course

Flexible study via blended and

GO BEYOND BUSINESS AS USUAL integrated learning

Leicester Castle Business School has been Develop competencies through an innovative
created by De Montfort University (DMU), to ‘project-based’ module structure
meet the needs of 21st century business. We do
24 months part-time
this by going beyond business as usual, offering
a unique learning environment where students January and September intakes
are encouraged to challenge convention and
given the opportunities and tools to think,
create and inspire.
GLOBAL MBA
Located in the beautiful and historic setting of CMI accredited course
Leicester Castle, Leicester, we are only one hour
by train from London and benefit from excellent An MBA designed for the early career professional
transport links to the rest of the country.
Earn a professional qualification from the CMI
DISCOVER MORE AT LCBS.AC.UK
The opportunity to gain practical experience
by completing an Executive Company Project
with a UK company

Scholarship opportunities available

MBA SCHOOL PROFILE

EDHEC GLOBAL MBA

Change Yourself, Change the World
FRANCE
Student Body
Male/Female Ratio: 58/42%
Age Range: 25-46
Average Age: 31
International Students: 93%
international students, 37 nationalities
Programme Presentation
Admission Requirements
EDHEC Business School has been providing A 10-month, full-time MBA, entirely in English
first-class management education for more in Nice in the South of France , EDHEC GLOBAL University Degree: Bachelor’s
than 100 years and is constantly ranked MBA is the ideal programme for: GMAT (minimum): 550,
among the Top 5 Business Schools in average score - 630
France. EDHEC aims to be recognised for • professionals who wish to give a stagnating
its high-quality research and education career a boost English Tests:
and for innovative ideas and tools that TOEFL iBT - 100; PBT - 603; TOEFL CBT -
impact business. This “EDHEC for Business” • those with a specialised background wanting 250; TOEIC - 815; IELTS - 6.5
strategy is underpinned by excellent to develop general management know-how References: 2
academic research, the results of which Minimum Length of Work Experience:
are systematically disseminated through • professionals moving to another field
EDHEC’s academic programmes, and to the 3 years
business world and society at large. • those thinking of starting their own company
Costs
EDHEC holds the Triple Crown of international Ranked in the Financial Times 2017: #3 in
accreditations (AACSB, AMBA, and EQUIS). France, #74 in the world, #3 worldwide for Application Fee: EUR 150
“Value for Money” Tuition Fees:
Key facts: The Economist 2016: #10 in Europe, #24 in September 2017 and January 2018:
the world, #2 worldwide for “Educational
• 5 campuses: Lille, Nice, Paris, London, Experience” EUR 41,000*
and Singapore *A fixed fee of EUR 1,000 is added for
Our guaranteed scholarships offer reductions participation in the South Africa Trip.
of up to 50% through GMAT/GRE, nationality,
• 7,900 students in academic education or others. September 2018 and January 2019
EUR 44,000 **
• 20 degree programmes: BBA, Master in EDHEC GLOBAL MBA offers two global business ** Including 2 Business Trips
Management, MScs, MBAs, PhD, etc. trips to South Africa (with participation) Scholarships: Excellence: 50% reduction
and to London, Singapore or San Francisco, for candidates with a GMAT score of
• Over 30,000 alumni in 125 countries depending on track choice (included in the
fees). 720 or over; Premium: 40% reduction
• 156 permanent professors for candidates with a GMAT score of
EDHEC’s exclusive CareerSMART is integrated 650-710
• 13 research and teaching chairs into the curriculum and is designed to give Merit: 30% reduction based on GMAT
participants an intensive look at their career and academic potential
• A EUR 121.5m budget aspirations from the beginning of their MBA.
1st nationality: 20% reduction for
the first three candidates of each
nationality to enrol
Programme Info:
Contacts
Accreditations AACSB, AMBA, EQUIS
Type of Programme General MBA Françoise Evangelisti, Nikki Harle,
Programme Format 10-month Full-time MBA and Lucas Malki
The ability to choose between four tracks: International Finance Email: [email protected]
Content Strength or
(trip to London), Entrepreneurship (trip to San Francisco), Global
Specialisation
Leadership (trip to Singapore) and Digital Innovation Track (trip to Paris)
Telephone: +33 493 18 68 89
French integrated lessons divided into 3 group levels Website: www.edhec-mba.com
Languages Courses
– MBA curriculum 100% in English
Application Deadlines 30 June and 15 November
Starting Dates September or January

ACCESS MBA GUIDE 2017-2018 75

MBA SCHOOL PROFILE

A Top Tier Worldwide Academic Institution

S PA I N
Student Body

Male/Female Ratio: 68/32%

Average Age: 29
International Students: 94%
(190 students in total)
Europe: 26%
North America (US & Canada): 15%
Middle East: 4%
Asia: 25%
ESADE Business School, established Career Acceleration Programmes. Africa: 1%
in Barcelona in 1958 as a non-profit • A truly global experience: 94% international Latin America: 29%
organisation, is internationally recognised students, global exchanges, internships and
for the excellent standard of its programmes treks.
in management and is accredited by the • Work with companies to provide solutions Admission Requirements
world’s three most respected management to real business challenges.
education organisations: AACSB, EQUIS, and • MBA ranked #6 in Europe and #17 University Degree: In any field
the Association of MBAs. worldwide. GMAT (average): 660
• Experience Barcelona and Spain, ranked Minimum Length of Work Experience:
ESADE achieves consistently high positions #4 most attractive country for MBA.
in global rankings. It has been ranked by the 2 years; Average: 5 years
Financial Times among the top six European Our International Executive MBAs have been
business schools. The internationalisation designed to offer leaders the opportunity to Costs
of ESADE has been one of the factors most freshen up their outlook. The key to being
positively considered by this ranking as it is a successful executive is adaptability in the Application Fee: EUR 135
highly valued for the number of international international business arena.
companies who recruit students from the Tuition Fees: EUR 62,700
school, as well as the number of foreign • Global Executive MBA: in partnership with
participants in the classroom. Georgetown University Contacts
• Executive MBA: one weekend a month in
Programme Presentation Madrid and Barcelona
• ESADE-Aalto MBA for Executives Admissions
Why the ESADE MBA? (Singapore) in partnership with Aalto Email: esadebschool.admissions@
• Tailor-make your MBA in 12, 15 or 18 University Executive Education esade.edu
months. • Multinational MBA (focus on Latin Telephone: +34 934 952 088
• Make your experience your own with 4 America, in Spanish and in partnership Website: www.esade.edu/ftmba
specialised business labs and 2 specialised with AISM)

Programme Info:
Accreditations AACSB, EQUIS, and the Association of MBAs
Rankings #6 in Europe, #17 in the world (Financial Times 2017)
Type of Programme Full-time MBA
Programme Format 12-15-18 months
Content Strength or Specialise in Entrepreneurship, Family Business, Innovation or Market-
Specialisation ing through our Business Labs
Languages Courses English
Application Deadlines Rolling admissions process, all year round
Starting Dates September 2017
Exchange Programme 40 top exchange schools around the world

76
MBA SCHOOL PROFILE

EU Business School: Creating the

Entrepreneurs of Tomorrow
E U R OP E
Student Body

Admission Rate: 10:7

Male/Female Ratio: 46/54%
Age Range: 22-35
Programme Presentation Average Age: 26
Established in 1973, EU Business School EU offers Master’s degree (MBA/MSc) Degree Background:
(EU) provides high-quality education in a programmes both on campus and online, Business, Engineering, Sciences
competitive learning environment. The with majors in international marketing, International Students: 99%
EU curriculum promotes the managerial entrepreneurship, global banking & finance, Europe: 60%
skills, business ethics, and entrepreneurial sports management, and human resources North America: 5%
initiative vital to pursuing jobs in today’s management, among others.
global market. We provide small, dynamic Central/South America: 14%
classes in English, with the best of both EU‘s Online MBA, ranked number one in CEO Middle East: 5%
North American and European academic Magazine’s 2016 global rankings, and EU’s Oceania and Asia: 10%
curricula. on-campus MBA were featured in the top Africa: 5%
tier rankings in Europe. In addition, QS Top
EU campuses are located on the MBA placed EU in the Top 35 global MBA
Mediterranean coastline, among the programmes out of a total of 200 leading Admission Requirements
Swiss Alps, and in the economic capital business schools worldwide.
of Germany. Students are encouraged to University Degree: A Bachelor’s degree
transfer between campuses and explore Students can transfer between EU campuses from an accredited college or university
the diversity of Barcelona, Geneva, in Barcelona, Geneva, Montreux, and Munich. GMAT (optional): Not required, but
Montreux, and Munich. This provides a Through our global network of academic
great opportunity to learn a language and considered an advantage if the student
partners, students can earn state-recognised
build a global network while experiencing degrees on EU campuses with the University has passed the test
new business practices. of Roehampton in London, UK and the English tests: TOEFL CBT – 223,
Universidad Católica de Murcia (UCAM) in iBT – 89, PBT – 577
EU has a multicultural student body that Spain. References: 2
boasts more than 100 nationalities as well
as a 26,000-strong alumni network. Our Minimum Length of Work Experience:
EU’s Online MBA programmes are an
career services department helps students adaptation of their on-site counterparts, 3 years
to build contacts by looking for internships offering an easy-to-use web platform,
and job opportunities, while our alumni acclaimed and experienced lecturers, and Costs
association provides our students with an on-campus weeks. This means that students
extensive network of contacts worldwide can study at a world-leading business school, Application Fee: EUR 200
upon graduation. regardless of their location. Tuition Fees:
Barcelona – EUR 5,650 per term
+ EUR 3,000 advanced tuition payment
Programme Info:
Munich – EUR 6,300 per term (Term I +
Accreditations ACBSP, IACBE, CEEMAN IQA, EDUQUA
II), EUR 6,350 per term (Term III)
Online MBA: #1 in CEO Magazine’s global online rankings 2016 + EUR 3,000 advanced tuition payment
MBA: top tier in Europe in CEO Magazine’s global rankings 2016
Rankings Switzerland – CHF 11,400 per term
#5 in the QS Return on Investment Report for salary uplift in Europe
2015 + CHF 3,000 advanced tuition payment
Type of Programme Full-time MBA, Part-time MBA, Online MBA Scholarships: Merit-based scholarships,
Programme Format Full-time, part-time, online low-interest student loans or even
Language Courses English financial aid from employers
Application Deadlines Rolling
Contacts
Starting Dates October, January, March
Transfer within the EU group to any of the four campuses after any Admissions Department
Exchange Programme completed term. International exchange programmes in place with Email: [email protected]
a long list of universities worldwide.
Percentage (average)
Telephone: +34 93 201 81 71
of salary increase after 138% Website: www.euruni.edu
graduation

78
MBA INTERVIEW

Getting an MBA Was

Always One of My Objectives
Can you please explain your main duties relationship with all of them. Lecturer
as managing director? Julien de Grandbois from Canada was the
My main duty is to organise the available most influential to me. Extremely talented
resources in the most effective, creative, and cultivated, with an extraordinary sense
and efficient way in order to please our of humour, he was my mentor for the
customers. The retail industry in mature thesis I completed in Hong Kong. He gave
markets is facing many new challenges, me great mental support and challenged
with the expansion of online players me to go deeper in my research, but always
in addition to the changing habits and in a pleasant way.
behaviour of consumers. My duty as a
manager is to adapt and possibly anticipate How was your experience of working in
the expectations of consumers. Vietnam? Can you explain the biggest
challenge you faced working in a foreign
How would you describe your country?
management style? Stéphane Castrichella I have always been attracted by Asia. In
Managing Director at
I try to be close to my staff. I empower and my previous job, I had visited a lot of
Mediamarkt
trust my employees as much as possible MBA in International Business factories in China. So my goal was to find
and I involve them in the decision-making EU Business School’s an opportunity there. One of my MBA
process whenever I can. Everyone within Geneva campus classmates was from Vietnam and she put
the company should be able to take me in touch with the owners of a brand-
business initiatives and make decisions Stéphane Castrichella is the managing new resort. They were looking for a
based on the circumstances. director of Mediamarkt, Europe’s general manager for the grand opening…
largest retailer of consumer electronics.
Prior to this, the polyglot graduated
I got the job and the experience was
Why did you choose to do a second from the EU Geneva campus with extraordinary overall. Vietnamese people
Master’s degree? an MBA in International Business, are hard workers, well educated, polite,
In 2010, following a restructuring, I lost magna cum laude. Four years prior and friendly. Of course, there were
my job as category manager for a sporting to that, he completed a Master’s in many challenges to overcome too – the
goods company. It was the first time in Sports Administration at the École Vietnamese bureaucracy, the differences
my career that I had to experience this Polytechnique Fédérale de Lausanne in culture and communications. Overall
(EPFL). Castrichella has 18 years of
kind of situation. I was obviously very management experience in the sports
though, there were far more positive
disappointed, especially because I had and retail sectors and has worked in than negative aspects.
been doing a great job as a head of the a diverse range of locations – Vietnam
buying department. I wanted to bounce and Hong Kong among them. You’re multilingual – English, Italian, and
back with something positive. Getting an French – and professionally competent
MBA was always one of my objectives, so I could start a new job at any time. It was in German. How important is this in the
it was the perfect time to go for it. a good choice. international business world?
Being able to communicate in different
What attracted you to EU? Was there any EU faculty member that languages is surely a plus within a
At the time, I was living in Geneva. I wanted you feel particularly helped to shape you multicultural society heavily impacted
to start the programme as soon as possible professionally? How so? by globalisation. Almost every day I am
and EU seemed like a good and flexible Most of the lecturers were highly qualified, faced with three, four, or even more
option considering that, at the age of 40, helpful, and very friendly. I had an excellent languages. □

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MBA SCHOOL PROFILE

Where Business Comes to Life

U n ited K i n gd o m
Student Body
Male/Female Ratio:
Part-time programmes – 66/34%;
Full-time programme – 61/39%
Age Range: Part-time programmes –
28-55; Full-time programme – 24-51
Average Age: Part-time programmes – 38;
Henley was one of the UK’s first business Programme Presentation Full-time programme – 32
schools, established to improve the
quality of UK management. We aim to The Henley MBA is designed to give you Admission Requirements
empower individuals to become great the skills, knowledge, and experience to
professionals and outstanding business move your career to the next level, enabling University Degree: Entry requirements
leaders who think with clarity and act you to become the great professional and vary between courses. Generally,
with confidence and conviction. outstanding business leader you want to students are expected to hold a good
be. It focuses on maximising your personal first or second class UK honours degree
We are consistently ranked among the strengths and attributes while developing or international equivalent. Applicants
world’s top 50 business schools by the your strategic thinking. with relevant experience or professional
Financial Times and The Economist and qualifications will also be considered.
hold triple-accredited status, putting Personal development GMAT (minimum): Not usually required,
us among the world’s leading business The Henley MBA is about more than
but might be requested in some
schools. technical knowledge and academic skills.
We know that our most successful students circumstances.
and graduates are those who develop English tests: Evidence of English
We are widely recognised for our diversity
and international reach: we have staff themselves as individuals. To help this, we language proficiency may be required –
and students representing more than 100 offer a range of opportunities including see website for details.
nationalities and 72,000 alumni members talks from external speakers and interactive References: 2
in 150 countries. career and personal development Minimum Length of Work Experience:
workshops. EMBA – 5 years of management
We aim to equip our students with a experience; Flexible Executive – 3 years of
deeper and broader understanding of Who you’ll study with management experience; Full-time MBA –
what is current, relevant, and right in Our diverse cohorts mean our students 3 years of work experience
business – and, in doing so, enable them learn from, and build strong business
to become highly capable, responsible networks with, high calibre managers from Costs
leaders. a range of industries.
Application Fee: No fee. However,
students are required to pay a GBP 1,000
deposit to accept their place.
Programme Info: Tuition Fees: EMBA – GBP 39,500
Flexible Executive – GBP 25,500
Accreditations AMBA, EQUIS and AACSB Full-time MBA – GBP 35,000
Executive MBA Scholarships: We have a range of
•EMBA - World #36, UK #4 (Economist Executive MBA rankings 2015) scholarships available for outstanding
•#1 in the world for the percentage of female faculty members** (FT
Executive MBA rankings 2016)
candidates
Rankings
Full-time MBA
•World #27, UK #3 (Economist full-time MBA rankings 2016) Contacts
•#1 in the world for potential to network (Economist full-time MBA
rankings 2016)
Email: [email protected]
Telephone: +44 (0)118 378 7593
Type of Programme Executive MBA; Flexible Executive MBA; Full-time MBA
Website: www.henley.ac.uk/mba
Programme Format Part-time; Full-time
Content Strength or Personal development; Corporate reputation/Reputation &
Specialisation Responsibility with study visits (vary by programme)
Executive MBA – Each October
Starting Dates Flexible Executive MBA – Two intakes: March & September
Full-time MBA – Each September

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MBA INTERVIEW

The “Magic Ingredient”

at the HHL MBA
I benefited first hand from HHL’s alumni network and ended
up working for a DAX 30 company right after graduation

What were the most important aspects of work experience, during which we
you considered when choosing the have experienced major changes in the
programme and business school? global economy, a step back to school
The AACSB accreditation, the professorial would help to redesign some of the
body, the location, and the career theoretical foundations developed during
opportunities I believed I could have after my Bachelor’s degree studies. And it did
completion, based on the reputation of indeed.
the business school and the networking
opportunities. How did you fund your studies?
I funded my studies with my own capital
What was your most valuable and with the scholarships received from
experience during your studies? HHL, but there are various options to
It was surely the interaction with brilliant fully finance your studies, such as bank
minds from around the globe – the loans or governmental scholarships. And
diversity of my MBA class provided a I think building education while building
unique opportunity to work in great Sebastian Domnariu friendships is worth every penny and
multi-cultural teams and to exchange HHL Leipzig MBA Graduate is a much better reason to get a loan
knowledge on a myriad of topics and Class of 2016 from a credit institution than many
hobbies. other reasons for which people usually
I was born in Bucharest, Romania, get loans.
Do you feel satisfied with your and I completed my Bachelor in
investment? What has the MBA Economics at the Academy Of How would you describe the learning
programme given you? Economic Studies in Bucharest, environment at HHL?
Yes. It was a smart move for my German Section, in 2008 and then Friendly, supportive, sometimes
development, not only professionally worked in various industries and competitive and sometimes relaxed but,
continents for the next six years.
but also on a more personal level. Apart In 2014, I joined the MBA class at
most importantly, it is inspirational and
from the knowledge which such a top HHL which I have completed in June very familiar. The relatively small MBA
MBA programme usually provides, I think 2016. Since graduation, I have been class becomes a family, and I do not use
the “magic ingredient” at the HHL MBA is a Corporate Real Estate Manager for this word lightly, for the next months and
the attention given to you. As the school Continental AG in Germany and I am years. With good and bad, ups and downs,
is not very big, you have the chance to currently involved in a few start-ups as in any family, the feeling is that you will
interact and be part of “things” if you either as a member of the team or as not be left behind and you will always
an evangelist.
decide to do so. Furthermore, I was able find someone to explain something to
to benefit first hand from our alumni you if you ask – the culture of sharing
network and ended up working for a Yes. Business Administration and and collaboration is highly valued at HHL.
DAX 30 company in Hannover right after Economics are very broad fields The group work, exams, student parties,
graduation. intrinsically and lately we have seen city, and professors are all part of the HHL
acceleration in the change cycles DNA and they combine to create a great
Did you choose a postgraduate degree in of economic systems and markets. I learning experience no matter the age or
the same field as your Bachelor’s studies? believed that after almost six years where you are from. □

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MBA SCHOOL PROFILE

Making Connections, Accelerating Careers

U n ited K i n gd o m
Student Body
Male/Female Ratio: 43/54%
Age Range: 25-40
Average Age: 30
Degree Background: Students will be
accepted with any degree discipline.
The degree discipline of our students
Leeds University Business School boasts a challenges that mean you are ready varies every year, however common
growing number of international accolades for senior management-level positions degree backgrounds include business,
reflecting the excellent teaching and as soon as you graduate. Our core engineering, computing, health care,
learning experience we offer and our programme covers the fundamentals of maths, and communications studies.
commitment to your career. We are a business management. You will gain an International Students:
triple accredited, world ranked and award understanding of the key components Europe: 2%
winning business school and top in the UK of business – marketing, accounting,
for the teaching of International Business Central/South America: 8%
finance, operations, and human resource
(FT Masters in Management Ranking 2016). Middle East: 5%
management. Alongside these subjects
you will explore how to manage and lead Oceania and Asia: 75%
We are part of the University of Leeds, the people in organisations. Africa: 5%
UK’s University of the Year 2017 (Times and
Sunday Times Good University Guide 2017) Our live challenges will stretch your Admission Requirements
and a leading institution in enterprise, thinking and your abilities. We encourage
having been awarded ‘Entrepreneurial you to develop your knowledge of and
University of the Year’ (Times Higher University Degree: Equivalent to a UK
links with the corporate world through our upper second (2.1)
Education Awards 2015). We are located
business speaker events and international GMAT (minimum): Not required
in the city of Leeds, a hub for financial
services and home to many national and study tours. The MBA culminates in English tests: IELTS 6.5 with no less
international companies, such as Ernst & your Individual Project – this can be a than 6 in each component is preferred.
Young, Asda-Walmart and KPMG, meaning consultancy project, an entrepreneurial TOEFL scores are a minimum overall
that Leeds is the ideal place for those project relating to a new business venture score of 92 in the internet-based test
looking to develop their career or expand or a research dissertation.
with at least 21 in listening, 21 in
their own business. reading, 23 in speaking, and 22 in writing
Drawing on the strengths of a vibrant city,
a highly ranked university, and contacts References: 2 references: 1 academic
Programme Presentation
with companies in various sectors, and 1 employer
The Leeds MBA combines academic rigour our Full-time MBA offers a top-quality Minimum Length of Work Experience:
with practical leadership development learning and development experience. At least 3 years’ postgraduate work
experience is required before you
apply. This should include appropriate
supervisory or management experience.
Programme Info:
Accreditation AMBA, EQUIS and AACSB
Costs
Ranking Ranked #98 in the world (Financial Times Global MBA Rankings 2016) Application Fee: No fee
Type of Programme Full-time Tuition Fees: From GBP 26,500
Scholarships: Available and worth
A 12-month programme including a combination of lectures, tutorials,
Programme Format
workshops, and challenges up to 50% of the tuition fee
Content Strength or Entrepreneurship, Finance, International Business, Leadership, Market-
Specialisation ing and Strategy Contacts
Programme specific pre-sessional courses available at the University of
Languages Courses MBA admissions
Leeds Language Centre
Email: [email protected]
Application Deadlines 30 June 2018 Telephone: +44 (0)113 343 4908
Starting Dates September Website: www.business.leeds.ac.uk
Percentage of salary
increase after graduation 42%

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MBA SCHOOL PROFILE

We Deliver Performance!
M ON A C O
Student Body

Admission Rate: 3:1

Male/Female Ratio: 40%/60%
Average Age: 32
Degree Background: Bachelor’s or
Master’s degree
International Students: 100%
Europe: 56%
Programme Presentation North America: 12%
Central/South America: 8%
The International University of Monaco is The IUM’s AMBA-accredited MBA is ranked Middle East: 4%
a private business school recognised and among the top 100 programmes in the world
certified by the Government of Monaco. (The Economist). In addition to its strong Oceania and Asia: 20%
IUM offers students a thorough business international environment, IUM offers small
education in English in a highly diverse class sizes and individualised attention in
cultural environment. IUM proposes one of the safest states in the world. IUM’s Admission Requirements
graduate degrees in Business Administration, graduates occupy leading management
Finance, Luxury Management, Marketing, positions all around the world, and a degree University Degree: Bachelor’s or
Sport Business Management, and from IUM is a passport to valuable contacts
worldwide. Master’s degree
International Management.
English tests: TOEFL iBT - 80 minimum
References: 1 reference letter
requested
Minimum Length of Work Experience:
3 years postgraduate

Costs
Application Fee: EUR 100
Tuition Fees: EUR 33,500
Scholarships: Merit-based scholarship
available - up to EUR 5,000

Contacts
Mrs Diana Nyerges
Email: [email protected]
Telephone: +377 97 986 996
Programme Info: Website: www.monaco.edu
Accreditations AMBA accredited
Type of Programme Full-time and Part-time
Programme Format Full-time: 10 months, Part-time: 18 months to 3 years (flexible)
Content Strength or 3 specialisations available: Luxury Management, Applied Finance,
Specialisation and Entrepreneurship & Innovation
Languages Courses Programme taught entirely in English
Application Deadlines 31 July
September 2017 for Full-time & Part-time: January 2018 for
Starting Dates
Part-time only
Exchange Programme No
Percentage of salary
60%
increase after graduation

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MBA SCHOOL PROFILE

Inspiring Leaders
U n ited K i n gd o m
Student Body

Admission Rate: 11:1

Male/Female Ratio: 55/45%
Age Range: 24-45
Average Age: 29.8
International Students: 89%
Transform your career and become an elite As part of a small, international cohort of
performer in business with an MBA from professionals with a minimum of three Admission Requirements
Loughborough Business School, based just years’ management experience, you will
90 minutes from London. Study alongside learn how to adapt management theory GMAT: Not required
an international cohort of experienced into powerful, innovative, and practical English tests: TOEFL iBT – 92; IELTS – 6.5
managers at a Top 10 UK business school business solutions, and build lasting
– one of just 1% of business schools in the business networks with your fellow References: A work reference covering
world to hold AACSB, EQUIS, and AMBA students. at least 3 years’ management experience
accreditation. You will have the option to and an academic reference
extend your studies to include a 45 to 52- Our MBA is deliberately challenging so you Minimum Length of Work Experience:
week professional internship. are ready to deliver in the real world. You Minimum 3 years’ management/
will learn new ways to approach problems,
As a first-class university, Loughborough grow in confidence as a decision-maker, professional experience plus degree
is proud to be ranked #6 in the Guardian benefit from other students’ experience,
University League Table 2017. Loughborough and adapt management theory into Costs
is also the only university to have been powerful, practical strategies to improve
voted England’s Best Student Experience your business. Application Fee: No fee
for six consecutive years in the Times Higher Tuition Fees: GBP 27,000 (2018 entry)
Education League Table. As a delegate on You will derive maximum value from the for all MBA programmes
our award-winning MBA programme, the Loughborough MBA. All of our teaching is Scholarships: At Loughborough we
time you spend at the School of Business and commercially relevant and informed by our believe competition can be rewarding.
Economics will shape who you will become world-class research. With over 400 global
in the most positive way. corporate partnerships, our case studies In order to attract the very best
and guest speakers will give you the very applicants, the School of Business and
Programme Presentation latest in best practice. Economics offers a range of competitive
scholarships and bursaries, worth
Inspiring Winners Internship opportunities up to 40% of fees. Deadlines apply
At Loughborough we develop winners. The Loughborough MBA is a one-year
programme. However, there is also the (applicants should be self-funding and
If you want to be an elite performer in
business, accelerate your career, and learn option to extend your studies to two years include a personal statement with their
how to maximise business performance, by including a 45 to 52-week internship, application).
the Loughborough MBA is internationally giving you a fantastic opportunity to Applicants may be eligible for other
respected and will help you achieve your impress potential employers and apply University awards.
career ambitions. what you have learned.
Contacts
Frances Capps (Postgraduate
Programme Info: Programmes Administrator)
Accreditations AACSB, EQUIS, AMBA Email: [email protected]
The Times and Sunday Times University League 2017: Telephone: +44 (0) 1509 228842
#4 for Finance and Accounting Website: www.lboro.ac.uk/mba
#6 for Business Studies
Rankings
#8 for Economics
The Guardian University League tables 2018:
Loughborough University #6
Type of Programme Full-time MBA (One year, or two years with optional internship)
Language Courses English
Application Deadlines On a rolling basis
Starting Dates September

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MBA SCHOOL PROFILE

Innovative – Responsible – Globally Minded

G erma n y
Student Body

Male/Female Ratio: 37/63%

Age Range: 25-40
At our private university, students are It is focused on international candidates Average Age: 30
educated to become senior managers. After with a non-business degree, but offers Degree background:
its founding in 1991, Munich Business School enough depth for business degree holders 18% Engineering/IT
was able to set benchmarks in the German seeking to further refine and strengthen 36% Business
landscape of higher education particularly their education.
in two areas. The international focus and 46% other
the hands-on approach of the studies have The Munich MBA is designed to cement International Students: approx. 75%
become a distinctive feature of the training business foundations, solidifying the basis Europe: 38%
at Munich Business School — long before for international and multicultural work. North America: 19%
these features were defined as objectives Selection of two of four elective courses,
at other universities. an international focus combined with an Oceania and Asia: 27%
individual immersion in either a study abroad Africa: 8%
Munich Business School creates an or an internship, or a global consulting Latin America: 8%
environment in which learning, research, project allows students to enhance
and personal development as well as public knowledge regarding a specific country or
spirited actions are encouraged in many organisation. This process improves the Admission Requirements
different contexts. The active participants in skill application and reinforces students’
this procedure are the students, professors, adaptation to new businesses and cultural University Degree: Bachelor’s
lecturers, companies, international partner environments throughout their career. GMAT (minimum): 600 points or
universities, alumni and the university’s
administration. Top quality training and Do you want to qualify for the MBA Pre-MBA
research is assured through this close programme without taking the GMAT or English tests: TOEFL iBT - 90; IELTS - 6.5;
and personal contact between all the GRE? The International Management PRE- ELS – 112
participants. MBA is an intensive and compact five-week
summer programme, during which you will References: 2
Programme Presentation gain a jumpstart for the Full-time MBA at Minimum Length of Work Experience:
Munich Business School. It also creates a At least 2 years
The 15-month Full-time MBA in International bridge between your current work position
Management at MBS prepares graduates and the challenge of studying full-time
to work in a complex multicultural world. again. Costs
Programme Info: Application Fee: EUR 45 + EUR 490
Accreditations
Unlimited State Accreditation, Institutional Accreditation of German one-time enrolment fee
Council of Science, International Programme Accreditation of FIBAA Tuition Fees: EUR 26,850 for Full-time
U-Multirank 2017: Germany’s best private university of applied sciences in MBA (optional Pre-MBA: EUR 2,150)
Business Studies.
Trendence Graduate Barometer 2016: MBS received best grades in various Scholarships: MBS offers a limited
categories (lecturers/professors, practical relevance, internationality and number of partial scholarships to
student service).
Rankings Trendence Employability Ranking 2016: Ranking #1 amongst all private
outstanding candidates
universities of applied sciences, including all academic subjects, across the
country and of all German universities, MBS achieved #13 position. Contacts
Wirtschaftswoche 2016: Hiring Managers’ assessment, MBS is the only
private university in to finish in the top 10 in each of the last 8 editions of
the prestigious ranking. Lorena De la Llave
Type of Programme Full-time MBA and optional Pre-MBA Email: [email protected]
Pre-MBA: 5 weeks (GMAT equivalent knowledge)
Telephone: +49 (0) 89 547678-254
Programme Format Website: www.mba.munich-business-
Full-time MBA: 12-15 months on-campus instruction
Content Strength or school.de
International Management
Specialisation
Languages Courses English
Application Deadlines Full-time MBA: 2 July/Pre-MBA: 30 April
Starting Dates Full-time MBA: 1 September/Pre-MBA: 24 July
Option for one international week or one semester at another university,
Exchange Programme agreements with over 60 institutions worldwide

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MBA SCHOOL PROFILE

Global Excellence in the Heart of Paris

FRANCE
Student Body

Programme Presentation MBA

Admission Rate: 3:1
The 1-Year MBA Male/Female Ratio: 60/40%
The only triple-accredited, ranked MBA Age Range: 26-40
programme in central Paris, it emphasises
personal and interpersonal skill development. Average Age: 32
Resulting from the alliance of two prestigious
“Grandes Ecoles” Rouen Business School • 4th largest French business school alumni Degree Background: Business & Economics
(1871) and Reims Management School network: 55,000+ located globally – 29%, Sciences & Engineering – 54%, Social
(1928) - NEOMA Business School is ranked • Emphasis on career services and personal Sciences & Law – 13%, Others – 4%
among the best management schools in development, featuring an Integration International Students: 80%
Europe and in the Top 10 in France according Seminar in the French Alps and a Leadership
Seminar with the French military (Saint-Cyr) Europe: 34%
to the Financial Times.
• Study tours on Innovation in UK & on North & South America: 13%
NEOMA BS offers more than 20 programmes Digital in Spain Middle East: 2%
in French and in English from MBAs to Oceania and Asia: 24%
EMBAs, and from Bachelor’s to PhDs, along The Executive MBA Africa: 15%
with highly selective Specialised Master’s Our Executive MBA places a firm emphasis
and MSc programmes. There are three on your skills to conduct analyses and take EMBA
campuses located in Rouen, Reims, and decisions. Male/Female Ratio: 70/30%
central Paris. • Developing the cutting-edge skills needed
to become a forward-thinking leader Age Range: 32-55
NEOMA BS is one of under 1% of business • Building a business plan Average Age: 40
schools in the world to have achieved • Personalised support in achieving your Degree Background: Sciences &
accreditation from all three major goals Engineering – 46%, Management – 41%,
international accrediting bodies (AACSB, • Immersion in the heart of one of the major Languages – 10%, Others – 3%
AMBA, and EQUIS). centres of global business: Silicon Valley,
Shanghai or Beijing, or London
Studying an MBA at our campus in the heart • A leadership internship that pushes your Admission Requirements
of Paris, you will join one of the largest limits with French Navy commandos as your University degree: MBA – Bachelor’s or
business school alumni networks in France. instructors
Master’s degree; EMBA – Bachelor’s or above
GMAT: Optional for both MBA and EMBA
English tests: MBA and EMBA – TOEFL PBT
Programme Info: – 550/667; CBT – 220/330; iBT – 79/120
Accreditations EQUIS, AMBA, AACSB, RNCP registered “Cadre Dirigeant” References: 2
#6 Ranked MBA Programme in France by the Financial Times 2016 European Minimum Length of Work Experience:
Business School Ranking MBA – 3 years professional experience;
#6 Ranked MBA Programme in France by SMBG/Eduniversal 2017 Ranking EMBA – 8 years professional experience
Rankings
#7 Ranked EMBA Programme in France by SMBG/Eduniversal 2017 Ranking
#1 Ranked EMBA Programme in France by MOCI 2017 Ranking for
International Commerce Costs
MBA with a 360° vision of managerial practices and a focus on personal
Application Fee: EUR 100 for MBA;
development
Type of Programme EUR 150 for EMBA
EMBA: A generalist EMBA for professionals who wish to be agile, forward
thinking, and ready for the next challenges in their career Tuition Fees: EUR 36,000 for MBA;
MBA: Full-time starting in September and ending in mid-July EUR 39,500 for EMBA
Programme format
EMBA: Part-time starting in October or around April for 3 semesters Scholarships: A wide range of scholarships
MBA: Content specialisation is possible in the fifth and final phase of the MBA based on merit, diversity, and other criteria
Content Strength or
EMBA: Several strengths through finance, personal development, and our
Specialisation
incubators
Contacts
Languages Courses MBA: Up to 90 hours of French Language and Cultural Instruction

Application Deadlines
MBA: Rolling admissions until July Leila Murat
EMBA: Rolling admissions all year Email: [email protected]
MBA: Beginning of September
Starting Dates Telephone: +33 1 7306 9800
EMBA: October or around April
Website: www.neoma-bs.com
Exchange Programme Politecnico di Milano

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MBA SCHOOL PROFILE

The Nottingham MBA Is as Much

a Personal Journey as an Academic One
UK, Malaysia & China
Student Body
Admission Rate: 10:1
Male/Female Ratio: 52/48
Age Range: 27-45
Average Age: 31
Degree background: multi-disciplinary
International Students:
The Nottingham MBA is ranked globally career after completing the Nottingham Europe: 8%
and the school is among the few in the MBA. Whatever your goal and ambition, North America: 3%
UK to achieve both EQUIS and AMBA we will help you achieve it. Central/South America: 4%
accreditations. We are recognised as one Middle East: 23%
of the world’s top schools for integrating Programme Presentation
sustainability issues into all our MBA Oceania and Asia: 44%
programmes. During your MBA you will receive expert Africa: 9%
tuition, personalised career support and Latin America: 9%
Nottingham University Business School mentoring from business practitioners.
is EQUIS accredited (European Quality To help you develop an international Admission Requirements
Improvement System). Uniquely, EQUIS outlook on business, you will:
accreditation applies to the business • learn alongside people from all over University degree: You must normally
schools at all of Nottingham’s campuses the world be a graduate of an approved university
in the UK, China, and Malaysia. • connect with our global network of holding a good honours degree.
alumni
The Nottingham MBA will give you a • join overseas business study tours Candidates with a relevant professional
completely new career perspective, • participate in business practice week. qualification deemed to be equivalent to
transforming your employment To ensure you study the essential a first degree will be considered.
opportunities and your life. Whether management disciplines, all MBA students GMAT: Not required
your decision to study an MBA is driven take a set of core subjects. But the English tests: If your first language is
by a desire to progress your career or advantages of studying the Nottingham
set up your own business or for personal MBA means that you also learn the skills not English, and you do not have a
development, the Nottingham MBA is for that are much sought after by employers: degree from a UK institution, we require
you. • problem solving evidence of your competence in English.
• leadership IELTS - at least 7.0, with a minimum
You will be invigorated and empowered to • entrepreneurialism score of at least 6.0 in each element of
do something bold and ambitious with your • creativity
the test; Pearson Test of English (PTE)
Academic - a score of 68 (minimum 55)
References: 2 references
Programme Info:
Minimum Length of Work Experience:
Accreditations AMBA and EQUIS
3 years
Top 100 worldwide for Business and Management
QS World University Rankings by subject 2017
Rankings
And #2 in the UK
Costs
The Economist Executive MBA 2015 Application Fee: GBP 40
Type of Programme MBA GBP 2,000 if you opt to take one of the
Programme Format Full-time 12 months, September to September International Study tours; plus living costs
Content Strength or Tuition Fees: GBP 24,975
Entrepreneurship, Sustainability, and Leadership
Specialisation
Scholarships: 20% to 90% scholarships
Language Courses Mandarin, German, Spanish, and French
Application Deadlines 10 August Contacts
Starting Dates 25 September
We offer MBA international Study Tours (subject to successful appli- Elaine Kay
cation): Short study tours to Lehigh University, US, the University of Email: [email protected]
Exchange Programme
Nottingham’s Ningbo campus, China, and its Kuala Lumpur campus, Telephone: +44 (0)115 9515501
Malaysia Website: www.nottingham.ac.uk/
Percentage of salary 60% salary increase after graduation and 88% of MBA graduates secur-
increase after graduation ing work or further study within three months of graduation
business/programmes/mba/

ACCESS MBA GUIDE 2017-2018 89

MBA SCHOOL PROFILE

Better Job Prospects. Better

Employability. Better Apply to RGU
U n ited K i n gd o m
Student Body

Admission Rate: 10:1

Male/Female Ratio: 70/30%
Age Range: 26-55
Average Age: 35
Degree background: Science,
Programme Presentation Technology, Engineering, Business
International Students:
Robert Gordon University is a dynamic The Aberdeen Business School MBA can be Europe: 35%
modern university with an international studied full-time, executive part-time on North America: 5%
reputation for providing high quality campus, or online. This AMBA-accredited Central/South America: 5%
education from undergraduate to PhD MBA has been developed to ensure that it
meets the highest international standards Middle East: 10%
level.
and is of direct relevance to the real world. Oceania and Asia: 20%
Aberdeen Business School is one of the Our online MBA courses are ranked amongst Africa: 20%
leading providers of management and the top 10 in the QS Online MBA rankings. Latin America: 5%
professional business education in the
Academically, our MBA will provide you with
UK, with long-established links with a toolbox of skills combined with a higher Admission Requirements
industry, commerce and the public sector. level of critical thinking which will have an
Our mission is to develop professionally immediate impact on your business and University degree: Undergraduate
relevant and highly employable individuals will stay with you for the rest of your life. Honours degree or equivalent
by engaging in business-connected
learning, teaching and impactful research. GMAT (minimum): Not required
In addition to the general MBA, our MBA
The MBA programme has held AMBA Oil and Gas Management course offers a English tests: Academic IELTS 6.5 or
accreditation since 1999 and is accredited strategic management MBA qualification equivalent; TOEFL 570 (paper) or TOEFL
across all modes of study (full-time, part- with a specialist emphasis on the oil and 230 (computer)
time on campus and online distance gas industry. It is the only MBA course in the References: 2
learning). UK which focuses on upstream oil and gas. Minimum Length of Work Experience:
3 years at a professional level

Costs
Tuition Fees: GBP 16,500
Programme Info:
Scholarships: RGU Postgraduate Award
The course is accredited in all modes by the Association of MBAs
Accreditations (AMBA), the Chartered Management Institute (CMI) and the Energy
GBP 1,000, also RGU Postgraduate High
Institute (for MBA Oil and Gas Management only) Achiever Scholarship GBP 1,000 towards
The RGU Distance Learning MBA is #10 in the 2016 QS TopMBA Global tuition fees.
Distance Online MBA rankings
Rankings
The ABS MBA programme is #7 in the 2017 FindMBA Top Business
Schools for Energy and Natural Resources list
Contacts
Type of Programme Full-time/part-time on campus/online distance learning Dr Ian Broadbent
MBA key modules include Strategic Management, People Management Email: [email protected]
and Organisational Development, Corporate Financial Management,
Programme Format Telephone: +44 (0)1224 263809
Leadership Communication and Change, Strategic Operations Manage-
ment, Consultancy Project Website: www.rgu.ac.uk/mba
MBA Oil and Gas Management is the only upstream course of its kind in
Content Strength
the UK. Also all MBA students undertake a consultancy project, and all
or Specialisation
students attend our Leadership Week event.
Language Courses English
Application Deadlines 1 September for September intake, 10 January for January intake
Starting Dates September (FT/PT/Distance learning) and January (PT/Distance learning)
MBA Oil and Gas Management students have the opportunity to study
Exchange Programme
an online elective module with our partner Curtin University

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MBA SCHOOL PROFILE

Multidisciplinary, Quality,
International Dimension, High Modularity
swit z erla n d
Student Body

Admission Rate: EMBA – 30%;

IO-MBA – 25%
Male/Female Ratio: EMBA – 70/30%;
IO-MBA – 60/40%
Age Range: EMBA – 30-50;
IO-MBA – 25-35
Average age: EMBA – 37; IO-MBA – 29
Degree Background: EMBA – Bachelor’s
or equivalent; IO-MBA – BA, Public Policy
Founded in 1559, the University of Geneva Programme Presentation International Students: EMBA – 70%;
(UNIGE) is dedicated to thinking, teaching, IO-MBA – 90%
dialogue, and research. With 16,500 University of Geneva (UNIGE) MBA Key Europe: EMBA – 50%; IO-MBA – 30%
students representing over 150 different principles: Quality, International Dimension North America: EMBA – 3%;
nationalities, it is Switzerland’s second & High Modularity. UNIGE International MBA IO-MBA – 30%
largest university. (IO-MBA) and Executive MBA (EMBA) offer Central/South America: EMBA – 10%;
both full-time and part-time tracks, designed IO-MBA – 10%
UNIGE offers more than 290 types of for participants from various professional Middle East: EMBA – 15%; IO-MBA – 15%
degrees and over 280 Continuing Education backgrounds from industry to service. The
programmes covering a wide variety of UNIGE strategic advantage of its location Oceania and Asia: EMBA – 15%;
fields: sciences, medicine, humanities, social with a specialised focus on International IO-MB – 15%
sciences, law, etc. Organizations (IOs) attracts participants Africa: EMBA – 2%; IO-MBA – 0%
from all around the world. Since its creation Latin America: EMBA – 5%; IO-MBA – 0%
Ranked among the top institutions in 1992, UNIGE Executive MBA (EMBA) has
among the League of European Research built a reputation for first-class executive Admission Requirements
Universities, UNIGE enjoys a privileged education and experienced a myriad of
international reputation, both for the quality changes to respond to market changes. University degree: Bachelor’s degree
of its research and the excellence of its To strengthen the distinctive channels GMAT(minimum): EMBA – Not required;
education. This acclaim was gained in part that attract international students, UNIGE IO-MBA – 500
thanks to its strong ties to many national and EMBA now proposes two course structures,
References: EMBA – Professional;
international Geneva-based organisations, the traditional biweekly format and a
such as the World Health Organization, the condensed block format, and offers over IO-MBA – Professional and academic
International Telecommunications Union, 15 specialisations, e.g. Aviation, Commodity Minimum Length of Work Experience:
the International Committee of the Red Trading, International Management, CSR. EMBA – 3 years at the managerial level;
Cross, and the European Organization for UNIGE MBA programmes help participants IO-MBA – 3 years
Nuclear Research. Protagonist of the digital gain in-depth knowledge and skills to
revolution, UNIGE is a pioneer in the use integrate various levels of the organisation Costs
of digital technologies in all its sectors of to either move up the ladder or change
activity. their career paths. Application Fee: No fee
Tuition Fees FT: EMBA – CHF 31,200;
IO-MBA – CHF 30,500
Scholarships: EMBA – No; IO-MBA – Yes
Programme Info:
Accreditations: Associations of MBAs (AMBA) Contacts
Type of Programme: Full-time and Part-time

Programme format:
EMBA: Part-time, traditional Bi-weekly and Condensed Block formats; EMBA – Sun Zuchuat
IO-MBA: Full-time and part-time IO-MBA – Philippe de Castro
Content Strength or EMBA: Offers over 15 specialisations; IO-MBA: International Org. focus Email: [email protected]
Specialisation: [email protected]
Languages Courses: English; some specialisations offered in French Telephone: +41 22 379 8112
Application Deadlines: EMBA: 1 May; IO-MBA: 1 March, 30 May, 15 November +41 22 379 8912
Starting Dates: September 2016, September 2017 Website: www.gsem-executive.ch
Dual degree: Georgetown University, US; Yonsei Univ., S. Korea; Univ.
Exchange Programme: of Pittsburgh, US; Moscow State Institute of Int’l Relations, Russia;
National Univ. of Singapore

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MBA SCHOOL PROFILE

Rethink Your Future

U n ited K i n gd o m
Student Body

Admission Rate: 10:1

Male/Female Ratio: 50/50%
Age Range: 27-45
Average Age: 33
Degree Background: Varied
Sheffield is one of the largest cities in intimate learning experience that maximises International Students:
England. You will be guaranteed a warm the potential of each individual within a
welcome, given that it has been voted both close-knit community. At Sheffield we view Europe: 25%
the happiest and the friendliest city in the you not as a number but as an ambitious North America: 10%
UK. Sheffield is a city of great industrial individual with unique attributes ready to Central/South America: 5%
heritage and is now leading the world in take on the challenge of reaching your full Middle East: 5%
advanced manufacturing. potential. Oceania and Asia: 45%
The University of Sheffield is ranked globally Our highly selective MBA programme tailors Africa: 5%
in the top 100 universities and is a member each student’s journey to their individual Latin America: 5%
of the prestigious Russell Group. You will development needs and career aspirations.
find the student learning experience to We understand that the challenges of Admission Requirements
be among the best in the UK and you will the 21st century require globally minded
enjoy some of the best facilities for students. individuals who can adapt to rapidly University degree: 2.1
Both our student union and our student changing environments, understand
accommodation are consistently voted the complex situations, find innovative solutions GMAT: Not required
best in the UK. to problems, and lead their organisations English tests: IELTS – 6.5 overall, with
forward. To this end we have designed the no component lower than 6.0
Established in 1986, Sheffield University Sheffield MBA programme around the three References: 2 references
Management School is one of the global core pillars of consultancy, entrepreneurship, Minimum Length of Work Experience:
elite of business schools, having been and leadership.
awarded Triple Crown accreditation by the 3 years
three most influential accrediting bodies – Our Careers Accelerator Programme is
AACSB, AMBA, and EQUIS. designed to prepare you for your chosen Costs
career when you graduate. You will
Programme Presentation develop your soft skills and job application Application Fee: No fee
techniques, have opportunities to dine
Experiential learning is at the heart of the with senior business leaders, and take an Tuition Fees: GBP 21,250
Sheffield MBA. Our intentionally small internship in a business that meets your Scholarships: Up to 40% of tuition fees
cohort sizes ensure that we provide an future career aspirations.
Contacts
Ian Proctor
Email: [email protected]
Telephone: +44 (0) 114 2223426
Website: www.sheffield.ac.uk/
management/mba

Programme Info:
Accreditations AACSB, AMBA, EQUIS
Type of Programme Full-time
Programme format Lectures, live case studies, group learning
Content Strength or Focus on experiential learning, with a number of modules incorporating
Specialisation real business challenges
Application Deadlines July
Starting Dates September

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MBA INTERVIEW

Experiential Learning
Consultancy, Entrepreneurship, Leadership

Could you give us a brief overview of students improve their soft skills, by
your MBA programme? commissioning external practitioners to
The Sheffield MBA is a one-year run masterclasses; secondly, students
programme, with the three pillars of work with our careers advisors to
Consultancy, Entrepreneurship, and develop their own profiles and job-
Leadership. Teaching is split over two seeking techniques tailored for the
semesters and then the final summer specific career that they wish to pursue;
semester is dedicated to an individual and, finally, students will expand their
challenge. In the first semester networks through such activities as the
students study six core modules; the Leadership Dinner series, careers safaris,
second semester there are four core and networking events.
modules with two electives being
chosen. In addition to our class-based What are the types of organisations
lectures, students are given a number Ian Proctor that tend to employ your graduates
of opportunities to engage with business MBA Programmes the most?
through our Challenge modules. These Manager and Sheffield MBA graduates are highly
require students to act as consultants Sheffield MBA alumnus employable and take up employment
for organisations, solving real issues in many different types of organisations
for them, therefore providing valuable and are employed in a wide range of
Ian is a proud alumnus of the
experience for the students. specialisms. Increasingly we are seeing
Sheffield MBA programme. Having
held a number of externally facing our graduates starting their own
What kind of characteristics are you roles across the University, he has businesses. Our objective is to support
looking for in candidates? considerable experience building our students to achieve their career
At Sheffield, we want our candidates university industry partnerships. objectives, whatever they may be.
to believe in their potential and have
confidence that they will fulfil that Working alongside Dr Vasilis What advice would you give to potential
potential. We are looking for creative, Theoharakis, MBA Programme candidates?
Director, Ian helps ensures that
confident applicants who have a good the Sheffield MBA meets the
The decision to take a career break to
depth of experience that they are willing expectations of the students. In undertake an MBA is a big one. We
to share with others. They must also be addition to recruitment activity Ian always advise candidates to consider
able to demonstrate a willingness to try utilises his extensive experience their career to date and to have a good
new ideas, be globally minded, and not of building relationships to plan for their future. They should have
be afraid to fail. help ensure that there is rich an understanding of what their strengths
engagement with business on the and weaknesses are and work on these
Sheffield MBA programme.
How do you prepare candidates for their during their MBA. We encourage
career after their MBA? candidates to seek out every possible
At Sheffield, we believe that getting graduate has to be equipped with a opportunity to engage in as much
an MBA from a global top 100, Triple wider set of skills, and with this in mind extracurricular activity as time allows,
Accredited university is only part of we designed our Careers Accelerator to acquire new knowledge, learn about
the requirement that employers are Programme (CAP). The CAP has three themselves, and – most importantly –
seeking. We know that today’s MBA distinct elements: Firstly, we help our have fun! □

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MBA SCHOOL PROFILE

Join the World Class

U n ited K i n gd o m
Admission Requirements
University degree: Bachelor’s degree
(UK second-class or equivalent). If you
only have suitable work experience,
you may be offered an alternative entry
route
GMAT (minimum): Not required
English tests:
The University of London is the world’s flexible, and diverse, and to allow students IELTS: Minimum 6.5, with 6.0 in the
oldest distance learning provider, with from around the globe to work together written test.
over 150 years’ experience in delivering across borders, forging networks for a TOEFL iBT: Minimum 92, with at least
world-class education all over the world. lifetime of global business.
22 in reading and writing and 20 in
We currently have over 50,000 students in
more than 180 countries – an international Students take a series of core modules, speaking and listening
reach that is reflected within our Global including Economics, Marketing, and Or: 18 months in an education
MBA. Strategic Management, as well as optional programme or work experience
modules and a capstone project. The conducted in English
The programme is designed and assessed options fall into five specialist areas: References: : 2 – 1 work, 1 academic
by Queen Mary University of London, one Accountancy, Entrepreneurship &
of the University’s largest self-governing Innovation, Finance, Law, and Leadership. Minimum Length of Work Experience:
Member Institutions. A member of the Students can work towards a specialist MBA 3 years’ managerial experience. If you
prestigious Russell Group, its inspirational in any one of these areas. For the Strategic only have a suitable degree, you may be
teaching is directly informed by its high- Project, you become the decision-maker, offered an alternative entry route
class research. using data to influence the performance of
a simulated corporate environment. It’s as
Programme Presentation close as it gets to running your own firm. Costs

This MBA provides an expert understanding Students emerge with a prestigious Application Fee: No fee
of the challenges facing today’s global University of London qualification that will Tuition Fees: GBP 13,230 for developed
business leaders. It is designed to be be valued by employers all over the world. nations; GBP 8,730 for developing
nations. Pay-by-module available.

Contacts
Student Advice Centre
Email: londoninternational.ac.uk/
contact-us
Telephone: +44 (0)20 78628360
Website: www.mba.london.ac.uk

Programme Info:
Accreditations CMI, CIMA
Type of Programme Online / distance learning
Programme format Full-time (subject to module availability) and part-time (up to 5 years)

Content Strength or 5 specialisations: Accounting, Entrepreneurship & Innovation, Finance,

Specialisation Law, and Leadership

Starting Dates January, April, July, and October

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MBA SCHOOL PROFILE

1 year = A Lifetime of Opportunities

BELGIUM
Student Body

Admission Rate: 5:1

Male/Female Ratio: 60/40%
Age Range: 25-45
Average Age: 28
International Students: 90%
Europe: 35%
South America: 20%
Vlerick Business School is a triple-accredited, the thriving hub of international trade, Asia: 20%
international business school at the heart commerce, and government. Combine North America: 15%
of Europe – ranked #1 in the Benelux this exceptional location with expert Africa: 5%
area for executive education and #15 in international faculty, hands-on business Middle East: 5%
Europe. Each year, we welcome 740 MBA experience and a diverse student body –
and Master’s degree students from 50 and you will discover why the Vlerick MBA
countries to our world-class programmes experience will surpass all your wildest Admission Requirements
in Brussels, Ghent, Leuven, and Beijing. expectations.
More than 8,500 executives from across University degree: Undergraduate
the globe join our executive education The Full-time MBA of Vlerick is a general degree
and customised programmes. We have management programme, aimed at GMAT (minimum): 550
specific expertise in Digital Transformation, professionals with at least three years of work
Entrepreneurship & Innovation, Healthcare, experience and with a strong international English tests: TOEFL iBT – 100, PBT –
Energy, and Financial Services. Our 21,000 focus. It gives participants up-to-date 600; TOEIC – 720; IELTS – 6.5; PTE – 68;
alumni are active in businesses in more than theoretical insights in relation to practical CAE – 58
100 countries. Apart from our close ties to experience, all within an intellectually References: 2
KU Leuven and Ghent University – and our stimulating environment that is shared with Minimum Length of Work Experience:
strategic alliances with Peking University and similarly experienced fellow participants. 3 years
University of Stellenbosch Business School This includes a wide range of boot camps,
– we are constantly building our network of international and local electives, business
corporate partners across the world. labs, case studies and study trips. The Costs
programme also offers a set of professional
Programme Presentation career coaching sessions, mentorship Application Fee: EUR 50
programmes, company presentations and Tuition Fees: EUR 38,000
Vlerick’s Full-time MBA gets you ready networking and recruitment events to help Scholarships: 10 to 50% of
to take your place in the business world. you craft a career strategy and get you ready
The programme is based in Brussels – in for your dream job. the tuition fee

Contacts
Minna Peltola
Email: [email protected]
Telephone: +32 2 225 41 63
Programme Info: Website: www.vlerick.com
Accreditations AMBA, EQUIS, AACSB
#1 highest salary increase for MBAs in Europe, #15 European Business
Rankings
School ranking, Top 100 Financial Times
Type of Programme MBA
Programme format One year full-time
Content Strength or Entrepreneurship, Strategic Innovation, Leadership, Energy, Financial
Specialisation Services, Healthcare Management, Digital Transformation
Non-EU citizens 30 June 2017,
Application Deadlines
EU citizens 31 July 2017
Starting Dates September each year
Percentage of salary
increase after graduation 72% (FT Ranking 2017)

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MBA SCHOOL PROFILE

For the Change Makers

U n ited K i n gd o m
Student Body
Admission Rate: 2:1
Male/Female Ratio: 76/24%
Age Range: 24-56
Average Age: 32
Degree Background: Business, Marketing,
Psychology, Engineering, Politics, Accounting,
IT, Biology, Fine Art, Mathematics
Warwick Business School is part of the Programme Presentation International Students: 69.3%
University of Warwick, one of the UK’s top Europe: 31%
universities. Our beautifully landscaped Warwick Business School’s Full-time MBA
campus is located in the centre of England, is the catalyst you need to transform your North America: 5%
within an hour of the City of London and career. Whether you want to change job Central/South America, including
twenty minutes from Birmingham Airport. function, sector, location or simply increase Latin America: 5%
your earning potential, we will give you Middle East: 5%
Always striving for excellence in research, the confidence and skills to achieve your Oceania and Asia: 50%
we employ a panel of Distinguished potential.
Research Environment Professors whose Africa: 4%
appointments are shared with leading Our 12-month programme is intense, fast-
overseas universities. These people paced, and captivating. With international Admission Requirements
concentrate on mentoring and promoting travel, unlimited coaching, in-depth work
research of international significance and with leading companies and a peer group University degree: Upper second class
deepening ties with partner institutions. from a range of different industries and honours at undergraduate level from
cultures, you will grow both personally and a UK university or the equivalent
Our world-class researchers are also academically. Alongside lectures, seminars, GMAT (minimum): 650 or above
outstanding teachers, skilled at using a group exercises, case studies, and projects, English tests: IELTS 7.0 - all four language
variety of teaching methods to engage you will have the opportunity to participate
and instruct. We also employ Professors in one of the most innovative learning components have to be scored 6.0+,
of Practice, people who combine academic experiences available. with maximum of two components
expertise with substantial business at lowest level 6.0 or 6.5
experience to aid the practical learning in We are one of the few institutions to PTE Academic 70 - with 51+ in every
the classroom. offer an assessed module in leadership. section
LeadershipPlus enables you to reflect on
In 2014 we opened our London base at The your current leadership abilities, whilst giving CPE Grade C (CEFR level C2) or above
Shard which is at the heart of the London you a practical and deeper understanding of CAE Grade C - scoring 60+
Bridge Quarter, one of London’s most vibrant how to manage people and organisations in a TOEFL 100 – minimum component scores
districts. complex 21st century business environment. L21, R22, W21, S23
References: 2
Programme Info:
Minimum Length of Work Experience:
Accreditations AACSB, AMBA, EQUIS
3 years
Rankings Ranked #1 in the UK and #20 in the world by The Economist
Type of Programme MBA Costs
Programme Format Full-time
Content Strength or
Application Fee: GBP 80
Entrepreneurship Tuition Fees FT: GBP 39,000
Specialisation
Languages Courses Yes Scholarships: Scholarships between
Phase One Monday 23 October 2017 25-50% available
Phase Two Tuesday 5 December 2017
Phase Three Tuesday 6 February 2018 Contacts
Application Deadlines
Phase Four Monday 12 March 2018
Phase Five (International deadline) Monday 28 May 2018 Natalie Meade,
Final Monday 30 July 2018 Business Development Manager
Starting Dates September 2018 Email: [email protected]
Exchange Programme Yes Telephone: +44 (0)24 7652 4100
Percentage of Salary 74%
Website: www.wbs.ac.uk/go/mbaft
Increase after Graduation

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MBA SCHOOL PROFILE

Study in Germany – Experience the World

G erma n y
Student Body

Male/Female Ratio: 50/50%

Age Range: 25-38
Average Age: 30
International Students: 75%
Europe: 30%
North America: 10%
WHU – Otto Beisheim School of programme that provides students Central/South America: 4%
Management is an internationally oriented from various industries and professions
and mainly privately financed business with the expertise to understand the Middle East: 6%
school based in Vallendar and Düsseldorf. interdisciplinary relationships of a company Oceania and Asia: 35%
Founded in 1984, WHU is now one of and to make sustainable, strategic decisions Africa: 5%
the most renowned German business using the latest management techniques. Latin America: 10%
schools, with an exceptional national and The MBA programme can be completed
international reputation. WHU stands for in two different time structures: Full-time
“Excellence in Management Education” in 12 months (programme start in March Admission Requirements
and it pursues this goal in its three core or September) or Part-time (weekend
areas of activity: academic programmes, classes; programme start in September) University degree: in any field
research, and transfer in the field of general in 18 months. GMAT (minimum): 600
management. This excellent standard English tests: TOEFL iBT - 100 points or
has been certified by accreditations The MBA Programme aims to qualify IELTS - 7.0
from AACSB, EQUIS and FIBAA and by participants to lead companies strategically.
occupying leading positions in national The curriculum emphasises management References: 1 letter of recommendation
and international rankings. In addition, concepts which foster strategic vision, Minimum Length of Work Experience:
WHU is the only private business school in entrepreneurial spirit, operational 2 years’ postgraduate work experience
Germany which is a member of the German excellence, and intercultural awareness.
Research Association (DFG). WHU students Participants learn to identify complex
profit from a large network of partner interdependencies and leverage the Costs
universities, companies and alumni. knowledge of peers for the advantage
of the entire company. Due to its global Application Fees: No fees
Programme Presentation perspective, an understanding of cultural Tuition Fees: EUR 36,900 (FTMBA),
differences, and how these matter for EUR 39,800 (PTMBA)
The MBA programme is an internationally individual and corporate success, is Scholarships: partial scholarships
oriented general management developed.
available for Full-time MBA students

Contacts
Programme Info:
Accreditations AACSB, EQUIS and FIBAA Name: Carolin Hilden
#3 in Germany (FT European Business School Ranking 2016), #3 in Email: [email protected]
Rankings
Germany and #23 in Europe (Economist MBA Ranking 2016)
Telephone: +49 (0)211 44709 144
Type of Programme MBA in General Management
Website: www.whu.edu/mba
Programme Format 12-month Full-time or 18-month Part-time MBA
Strong focus on Leadership & Personal Development, concentrations in
Content Strength or
Marketing, Sales & Innovation, Advanced Finance & Accounting,
Specialisation
and Strategy & Organisation
Programme taught in English, optional pre-MBA intensive German
Language Courses
language course and courses throughout the programme
31 December (April intake) or 31 May (September intake)
Application Deadlines
for international
Starting Dates April (FTMBA) and September (FTMBA and PTMBA)
Three international modules of one week each at Kellogg School of
Exchange Programme Management - Columbia Business School (US), IIMB (India), and CEIBS
and Fudan (China)
Percentage of salary
93 %
increase after graduation

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MBA SCHOOL PROFILE

Educating Next-generation
Leaders in Montreal & Toronto
ca n ada
Student Body
Male/Female Ratio: MBA: 69/31%;
MBA-CFA: 75/25%; EMBA: 55/45%
Average Age: MBA: 29; MBA-CFA: 26;
EMBA: 35
Concordia University’s John Molson School MBA in Investment Management (with Degree Background: Varies
of Business (JMSB) is one of the leading complete CFA® integration) in Montreal
business schools in Canada, offering & Toronto International Students: : MBA: 21%;
programmes at the undergraduate, This is the world’s only MBA programme MBA-CFA: 36%; EMBA: 5%
graduate, and doctoral levels. JMSB’s that fully integrates the Chartered Financial
internationally renowned faculty members Analyst® (CFA) Body of Knowledge™ into its Admission Requirements
are constantly pushing the boundaries curriculum, enabling our students to study
of business research and many of them towards two world-recognised designations University degree: 4-year Bachelor’s
have been recognised for their exceptional simultaneously. Offered in Toronto and
degree with GPA 3.0 or equivalent.
teaching and scholarship. The school’s state- Montreal, our programme prepares
of-the-art Montreal facilities are housed in students to take all three levels of the CFA EMBA may consider non-degree
the LEED silver-certified John Molson School exams while completing an MBA degree. candidates
of Business building, the dynamic green hub Since the programme’s establishment GMAT (minimum): MBA: 580; MBA-
of Concordia University’s campus in the city in 2001, our students have consistently CFA: 550 or CFA Level I; EMBA: 500
centre. The Toronto facilities of the MBA in doubled the CFA Level I worldwide pass English tests: TOEFL iBT - 95; IELTS - 7.0
Investment Management are located on rates.
Bay Street, in the centre of Canada’s main References: MBA/EMBA: 3; MBA-CFA: 2
financial district. Executive MBA in Montreal Minimum Length of Work Experience:
Underlying all aspects of the John Molson MBA: 2 years; MBA-CFA: n/a;
Programme Presentation EMBA is the notion of developing leaders EMBA: 5 years
who are committed to continuous
Full-time & Part-time MBA in Montreal learning, their personal and professional
The John Molson MBA addresses the development, and making a positive Costs
issues of a global economy through an contribution to their communities. The
interdisciplinary general management General Management curriculum includes Application Fee: CAD 100
perspective. The programme is diverse, complementary modules such as the Tuition Fees: MBA-CFA: CAD 54,000;
multicultural, and aimed at preparing Healthy Executive and Executive Coaching. EMBA: CAD 75,000
students for managerial success in an The EMBA class schedule is designed to Full-time MBA (approximate fees):
increasingly globalised and competitive enable candidates to earn their degree • Canadian, Quebec residents: CAD
business environment. One of the while continuing to work full-time. Classes
programme’s great strengths is its flexibility— are held one day per week, on alternate 5,900
we are truly focused on our students’ needs. Fridays and Saturdays, thereby minimising • Canadian, non-Quebec: CAD 13,300
Our experiential learning model is proven to time spent away from the workplace and • International students: CAD 37,100
give students a competitive edge. away from home. Part-time MBA (approximate fees):
• Canadian, Quebec residents: CAD
Programme Info:
6,300
Accreditations AACSB
• Canadian, non-Quebec: CAD 13,600
MBA: 2 years full-time, 3 years part-time; MBA-CFA: 3 years; EMBA: 15
Type of Programme
months of study over a 20-month period Scholarships: Limited competitive
MBA: Flexible schedule; MBA-CFA: Wednesday evenings and Saturdays; entrance and in-course scholarships
Programme Format
EMBA: One day per week on alternate Fridays and Saturdays available for MBA and MBA-CFA
MBA: General management, experiential learning, Coop, international
Content Strength or
exchange, diverse and flexible specialisations MBA-CFA: Investment Contacts
Management, Chartered Financial Analyst® (CFA) Body of Knowledge™
Specialisation
EMBA: Contemporary business concepts, integrative courses and supporting JMSB Graduate Student
modules (Healthy Executive, LEAD Coaching and Executive Connects)
MBA: 1 March, 1 June; MBA-CFA: 1 March; EMBA: 1 March (later dead-
Recruitment Team
Application Deadlines Email: [email protected]
lines for Canadians and permanent residents)
Starting Dates MBA: September, January; MBA-CFA & EMBA: September Telephone: +1-514-848-2424, ext 2727
Percentage of Graduate Website: www.concordia.ca/mba
Students Employed 85%
3 Months after Graduation

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MBA SCHOOL PROFILE

Business with a Purpose

U N I T E D S TAT E S
Student Body

Male/Female Ratio: 48/52%

Age Range: 25-36
Average Age: 29
International Students: 56%
The Gabelli School of Business at Fordham Students participate in hands-on learning
University educates students who possess experiences, including consulting projects Admission Requirements
the knowledge, creativity, and skills to have with major firms, and technical workshops
a defining and lasting impact. Gabelli School throughout the programme. The faculty University Degree: Bachelor’s
students share a “business with a purpose” includes distinguished scholars, as well as
approach that prepares them to be leaders senior business leaders from Fortune 500 GMAT (minimum): 600
who create transformational change. They firms. English tests: TOEFL - 100; IELTS - 7.0
learn to balance the demands of profit with References: 2
the interests of their communities and the Community is a hallmark of the Gabelli Minimum Length of Work Experience:
world. They refine their business philosophy, School, where an open, supportive 3 years
along with industry- and function-specific environment proves that it is possible to
knowledge, through a mix of practical and be both competitive and collaborative.
theoretical learning experiences. MBA students receive special attention Costs
in their internship and job searches from
Top firms seek out Gabelli School MBAs for a dedicated team of career services Application Fee: USD 130
their analytical and strategic thinking, strong professionals and, at the conclusion of Tuition Fees: USD 93,150 (for two-year,
communication skills, principled leadership, their programme, join a global network
and a commitment to collaboration and the of 175,000 Fordham University alumni. full-time programme)
community. Fordham produces students Graduates of the programme have held Scholarships: Scholarships range
whom people will hear about and admire, MBA-level internships at Bank of America from 20% to 100% of tuition
not in 15 -20 years, but in one or two. Merrill Lynch, Cadillac, Citibank, Colgate-
Palmolive, General Electric, Goldman Sachs,
Programme Presentation HSBC, Pfizer, and a few dozen other Contacts
companies.
The mission of the Gabelli School of Gabelli School of Business
Business is to develop business leaders Highlights: Admissions Office
who are equipped for continuous growth Email: [email protected]
in the changing global environment. • Student Body: Male/Female Ratio: Telephone: +1 (212) 636-6200
Located in the commercial capital of 48/52%; International: 56%
the world, the Gabelli School is uniquely • Admission Requirements: GMAT: 600; Website: www.fordham.edu/business
positioned to offer students the opportunity TOEFL: 100; IELTS: 7.0
to participate in regional and global • Costs: Application Fee: USD 130; Tuition
economies. Its reputation is built upon fees: USD 93,150 (for two-year, full-time
scholarship and excellence in teaching. programme)

Programme Info:
Accreditations AACSB, Middle States Commission on Higher Education
US News Overall – #73; Bloomberg Business Week – #59;
Rankings
Poets & Quants – #83; Forbes – #55
Type of Programme Full-time MBA Programme
Programme Format 20 months
Accounting, Communications and Media Management, Finance,
Content Strength or
Information Systems, Management, Marketing, Public Accounting
Specialisation
(CPA-Licensure Track)

Application Deadlines Priority deadline: 13 October; Final deadline: 1 June

Starting Dates September

ESADE (Spain), Koc University (Turkey), Peking University (China),
Exchange Programme Skema Business School (France)

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MBA SCHOOL PROFILE

The Global Business School

u n ited states
Student Body

Male/Female Ratio: 61/39%

Age Range: 22-40
Average Age: 31
Boston, San Francisco, London, Dubai, Put theory into practice Degree Background: Diverse
Shanghai, and New York Applying theory in practice is the International Students:
cornerstone of our approach and learning
Hult is not just a business school. It is a by doing is integrated into every aspect of Latin America: 27%
global network that educates, inspires, and the course. Your capstone project is the Hult Europe: 21%
connects some of the most forward-thinking Business Challenge where you spend seven North America: 19%
business talent from around the world. For months solving a real corporate challenge South Asia: 14%
the global generation, the new way to learn set by a leading company, or you get your Asia: 12%
about global business is to experience it. startup idea ready to bring to market.
Hult students have the opportunity to study Previous Business Challenge partners Middle East & Africa: 7%
in six of the world’s most influential cities include Johnson & Johnson, Unilever, IBM,
- Boston, San Francisco, London, Dubai, and Siemens. Admission Requirements
Shanghai, and New York - over the course
of their studies. Programme Presentation University Degree: Bachelor’s degree
or equivalent
Uniquely global Global One-year MBA
You can choose to study at three campuses Transform your mindset and your career as GMAT (minimum): Contact us to see
and gain a truly global perspective by you learn to lead in a global environment if you qualify for a GMAT waiver
circling the world. You will study alongside with this award-winning MBA. English tests: Evidence of English
students from over 150 nationalities, learn proficiency (GMAT, GRE, TOEFL,
from world-renowned faculty, and graduate Hult’s uniquely global MBA enables you to or Hult Business Assessment Test)
with a global network in place. acquire core business knowledge, develop
leadership skills, specialise, and experience References: 2
Innovative curriculum tailored to suit you business culture in up to three global cities Minimum Length of Work Experience:
The Hult MBA curriculum is developed with – all in one year. 3 years
the incorporation of feedback from over 100
CEOs around the world and our approach to Global Executive MBA
leadership development has earned us the Don’t want to take a full year off from Costs
Association of MBAs (AMBAs) Innovation work? Our flexible 18- to 24-month Global
Award. You can choose to specialise in Executive MBA programme is designed for Application Fee: USD 150
the area of business that most interests professionals who want to further their Tuition Fees:
you and best suits your career goals: career, future-proof their skills, or make a USD 73,000 (Boston Campus)
Entrepreneurship, Marketing, Finance, career change. Integrate your education into USD 75,000 (San Francisco Campus)
Business Statistics, Project Management, a busy work and home life by customising
or Family Business. where, how, and what you study. GBP 52,000 (London Campus)
AED 265,000 (Dubai Campus)
Programme Info: Scholarships: Scholarships:
Accreditations AMBA, NEASC, AACSB International Scholarships, financial assistance and
We are ranked in the top 1% of business schools worldwide by The educational loans available
Rankings Economist and Bloomberg Businessweek. We are ranked #17 Best
International MBA by Bloomberg Businessweek (2016) Contacts
Type of Programme Global One-year MBA, Global Executive MBA
MBA: 1 year of full-time study
Programme Format Email:
EMBA: 2-4 years of part-time study
Content Strength or Entrepreneurship, Marketing, Finance, Business Statistics, Project Man-
Europe: [email protected]
Specialisation agement, or Family Business North America: [email protected]
Language Courses English Latin America: [email protected]
Application Deadlines Rolling Middle East Africa: [email protected]
Starting Dates September Asia: [email protected]
Exchange Programme Study at any 3 of our 6 campus locations South Asia: [email protected]
Percentage of salary Website: www.hult.edu
99% (3-year average)
increase after graduation

100
A new kind of
business school for
the global generation
Our global campus network enables you to study
in multiple locations in some of the world’s most
influential markets. Learn from internationally
renowned faculty alongside students from over
150 nationalities and join an alumni network
that spans the globe.

Boston | San Francisco | London

Dubai | Shanghai | New York

hult.edu
MBA SCHOOL PROFILE

You’ll Only Do One MBA: Make It Count

C a n ada
Student Body

Male/Female Ratio: 73/27%

Age Range: 26-31
Average Age: 28
Degree Background: Business,
Engineering, Science, Arts, Economics,
Finance, Math
International Students: 26%
Ivey attracts an exceptionally strong field curriculum that will help you to achieve
of candidates with a staggeringly diverse your career goals and get you back into the Admission Requirements
range of educational, professional, and workforce quickly.
cultural backgrounds. The small class size, University Degree: Required Bachelor’s
non-commuter campus, and close-knit
community provide an exceptional MBA Programme Presentation GMAT (minimum): 600
student experience. English tests: TOEFL iBT – 100; IELTS –
An admissions team representative will
7.0; MELAB – 85; PTE – 70
Beginning in March of each year, our one- demonstrate what distinguishes Ivey
from other programmes and how we References: 2-3 references required
year format recognises that part of the big
cost of completing your MBA is time away define ourselves as a leader in the MBA Minimum Length of Work Experience:
from the workforce. With only one year market. You will learn more about Ivey’s 2 years
out of the workforce instead of two, we admissions criteria, programme structure
have minimised your opportunity cost while and curriculum, and our impressive track Costs
providing a world-class package of intense record of leadership success.
Application Fee: CAD 150
Tuition Fees: CAD 88,250 (Domestic);
CAD 101,500 (International)
Scholarships: Applicants to the Ivey
MBA Programme are considered for
some of the largest merit scholarship
funding in Canada

Contacts

J.D. Clarke, Executive Director Master’s

Programmes Recruitment and
Programme Info: Admissions
Accreditations EQUIS Email: [email protected]
Ranked #1 MBA programme in Canada by Businessweek three years Telephone: +1 519 661 3212
running (2014, 2015, 2016); #1 in Canada for starting salary (Financial Website: www.iveymba.ca
Rankings Times, 2016); #8 in the world for General Management (Financial
Times, 2015); Top 10 in the world for Alumni Network
(The Economist, 2015)
Type of Programme Full-time
Programme Format Full-time, 12-month programme starting in March
Content Strength or
General Management
Specialisation
17 July 2017; 25 September 2017; 13 November 2017*;
8 January 2018.
Application Deadlines *It is highly recommended that international candidates apply no later
than the November deadline to allow sufficient time for study permit
and student visa processing
Starting Dates March
Exchange Programme Yes

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MBA SCHOOL PROFILE

Grandescunt Aucta Labore

(By Work, All Things Increase and Grow)
CANADA
Student Body
Male/Female Ratio: 70/30%
Programme Presentation Average Age: 29
Degree Background:
Why students who can go anywhere come here.
Business/Commerce: 25%
Cutting-edge education. It’s what we at the Engineering: 43%
Desautels Faculty of Management have long Science: 12%
been committed to. But we don’t just stop Social Science: 20%
Since 1821, McGill University in Montreal there. In fact, we like to bring that cutting-
has been one of Canada’s leading and most International Students: 20-30 countries
edge innovation onto the international stage.
international post-secondary institutions. We strive to develop worldly leaders with represented
It is consistently ranked among the world’s integrity who can manage across disciplines
top 20 research-intensive universities, with in order to lead anywhere in the world. Admission Requirements
two campuses, 10 faculties, 12 professional
schools, 300 programmes of study, some Taking advantage of McGill University’s great University Degree: Undergraduate
40,000 students from over 150 countries international reputation, our students learn
from classmates and top professors from degree from a recognised university
around the world and 142 Rhodes Scholars GMAT (minimum): 670
across the globe, capitalising on a rigorous
(more than any other Canadian University). academic education integrated with the real English tests: TOEFL iBT (minimum) -
world of business. 100, PBT - 600; IELTS (minimum) - 7.0
Founded in 1906, the Desautels Faculty of
Management at McGill University is ranked (7.0 in each category)
McGill’s Desautels Faculty of Management
as one of the world’s top international is located right in the heart of Downtown References: 2
business schools, attracting the finest Montreal. Montreal is ranked #1 in the Minimum Length of Work Experience:
students and most prominent professors world as a student-friendly city (QS Best 2 years
from around the globe as well as employers Student Cities, 2017) with almost a third
of its population born outside of Canada,
seeking graduates with the skills to succeed
so if you are coming from abroad, you will Costs
in today’s fast-paced international business feel right at home.
world. Application Fee: CAD 105.80 (2016
Entering Class)
Tuition Fees: CAD 79,500 for Canadians
and Permanent residents (2017
Entering Class)
Programme Info: CAD 89,000 for International Students
Accreditations EQUIS (2017 Entering class)
BusinessWeek MBA Ranking 2016: #25 Scholarships: Up to 50% tuition
Corporate Knights Better World MBA Ranking 2016: #6 in the world
Rankings
in terms of addressing sustainable development and corporate social
scholarships based on merit
responsibility through teaching, research, and practice.
Full-time, Part-time, MBA/Law, MBA/MDCM, Master of Management Contacts
Type of Programme
in Finance
Full-time 20-month programme which includes the opportunity to Marie-Eve Roy
get hands-on experience working in a company through an internship Email: [email protected]
Programme Format experience. MBA students also get the chance to travel on a 10-day
international study trip to one of the world’s leading business centres,
Telephone: + 1 514 398 4066
enabling them to get a truly global perspective on business. Website: www.mcgill.ca/mba
Content Strength or
Global Strategy & Leadership/Finance/Marketing/Business Analytics
Specialisation
Languages Courses English
1 November, 15 January, 15 March (Final deadline for International
Application Deadlines Students),
1 May (Final deadline for Canadian Citizens and Permanent Residents)
Starting Dates Beginning of August
McGill has exchange partners in universities located in Africa,
Exchange Programme
Asia/Pacific, Europe, Latin America, Middle East, and North America.

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MBA SCHOOL PROFILE

Preparing People to Lead

Extraordinary Lives
U n ited states
Student Body

Admission Rate: 2:1

Male/Female Ratio: 46/54%
Average Age: 29.5
International students: 37%
Loyola University Chicago’s Quinlan School Programme Presentation Europe: 4%
of Business offers top-ranked MBA and MSc North America: 2%
programmes for motivated professionals Quinlan’s Part-time MBA can be augmented Central/South America: 1%
seeking to advance their business careers. We with a concentration in a variety of business Middle East: 5%
offer a broad range of degree programmes, disciplines or combined with a specialist Oceania and Asia: 83%
specialisations, graduate certificates, and Master’s degree. Courses are taught in 10- Africa: 5%
other types of executive education. week quarters with the flexibility to complete
selected courses online or in a hybrid format.
All courses focus on real-world business The average time to degree completion is Admission Requirements
issues in a global context. Students apply two to three years. Students can also enrol
theory learned in the classroom to current as full-time students. University Degree: US Bachelor’s
business problems, often in partnership with degree or equivalent
organisations in Chicago, across the US, and Quinlan’s EMBA is delivered in a hybrid GMAT (average): 500 (GMAT not
internationally. Throughout their studies, format with on-campus classes every other
students have the opportunity to tailor their Saturday for 20 months. The cross-functional required for EMBA and MBA Health
curriculum to their professional aspirations. curriculum exposes students to the breadth Care Management programmes)
of disciplines that well-rounded leaders must English tests: TOEFL iBT – 100,
On-campus classes take place in central master. PBT – 600; IELTS – 7
Chicago, at the state-of-the-art Schreiber References: 2 recommended
Center, located less than a mile from Chicago’s Quinlan’s MBA-HCM programme equips Minimum Length of Work Experience:
Loop, and two blocks from the Magnificent health care professionals with industry- For EMBA programme, a minimum of 7
Mile. The school is perfectly located to take specific business knowledge and solid years of professional work experience
advantage of excellent access to major managerial skills. The curriculum has the MBA is required.
markets and a thriving urban metropolis. rigour, while including the latest business For MBA Health Care Management
applications in health care management. programme, a minimum of 7 years of
Graduates of the Quinlan School of Business Two thirds of the curriculum is specific to
join an impressive network of successful professional health care industry work
alumni in Chicago, the US, and around the the industry. Classes meet one day per week experience is required.
world. for 24 months.
Costs
Programme Info:
Accreditations AACSB Application Fee: No application fee for
Best 295 Business Schools (2016) Princeton Review, #20 Graduate online applications. USD 50 for paper
Supply Chain/Logistics Programs (U.S. News and World Report, 2018), application
#28 Graduate Account Program (U.S. News & World Report, 2018), #57 Tuition Fees:
Rankings
part-time MBA programme in the nation (U.S. News & World Report, Per Course (Except MBA in Healthcare
2018), making Quinlan the #3 part-time MBA programme in Chicago, Management): USD 4,488
only AACSB-accredited school in Illinois to offer a specialised MBA in MBA in Healthcare Management
Healthcare Management, one of the few AACSB-accredited schools in programme cost: USD 86,592
Illinois to offer an MSc in Supply Chain Management
Executive MBA programme cost:
Type of Programme MBA, EMBA, MBA Health Care Management USD 92,064
Programme Format Part-time, evening, weekend hybrid Scholarships: Scholarship amounts vary
Loyola’s Quinlan School of Business maintains the highest commitment
to contribute to society through ethical and socially responsible
conduct, sound decision-making and problem-solving skills, and the
Contacts
Content Strength or
knowledge to act effectively in complex organisational settings and in a
Specialisation Lauren Griffin, Enrolment Advisor
diverse global economy. Our graduates drive real, sustainable success
by considering profit, people, and the planet when making business Email: [email protected]
decisions. Telephone: +1 312 915 8908
Language Courses English Website: www.luc.edu/quinlan
Rolling admissions for MBA programmes; Autumn: 15 July
Application Deadlines Winter: 1 October; Spring: 15 January; Summer: 1 April
For EMBA and MBA Health Care Management: 1 June
Starting Dates September

104
THE CHICAGO PERSPECTIVE
Discover more than the typical graduate experience. Loyola University Chicago’s Quinlan
School of Business offers an MBA in the center of an international business hub. Loyola
coursework fosters exploration, a collaborative environment, a commitment to responsible
leadership, and one-on-one time with Loyola’s faculty. Take advantage of Quinlan’s strong ties
to the Chicago community and network with Loyola’s 30,000 business alumni.

Learn more at LUC.edu/accessmba

MBA SCHOOL PROFILE

See More. Do More. Be More.

U n ited states
Student Body
Admission Rate: 25%
Male/Female Ratio: 54/46%
Age Range: 22-39 years
Average Age: 26
Degree Background: Popular
Northeastern University’s D’Amore-McKim Programme Presentation backgrounds include — Business,
School of Business offers a unique model of Economics, Political Science,
business education that purposely blends Our unique Full-time MBA programme Engineering, Computer Science
innovative classroom learning with real- fuses rigorous academics with meaningful International Students: 31%
world business application. Our students business experience, creating a synergy that Students with advanced degrees: 14%
explore cutting-edge theory with professors, will define your time inside and outside of
the classroom. In just 24 months, you’ll gain
fusing knowledge with learning experiences the vital knowledge, skills and expertise you Admission Requirements
that include cooperative education or need to accelerate your career.
corporate residency, study abroad, and University Degree: Yes
community service. Similarly, our resulting Our Corporate Residency programme affords GMAT (minimum): No minimum
connections with the corporate world you the opportunity to apply what you
learn in a fully paid, six-month position at a English tests: No minimum
influence our research agendas, which,
leading company. With proven employment References: 2
in turn, shape innovative new business
practice. This synergy enables our students advantage, the D’Amore-McKim Full-time Minimum Length of Work Experience:
to become successful business leaders who MBA is an unmatched catalyst to the career 1 year
you want.
are both thinkers and doers and, therefore,
highly qualified to think critically and leave The integration of academic thinking with Costs
their mark on the global business world. authentic, experiential learning is fast
becoming the proven method for developing Application Fee: USD 100
Graduate students can choose from several the skills needed to meet today’s business- Tuition Fees: USD 96,000
different Full-time and Part-time MBA and world demands. The D’Amore-McKim School Scholarships: 50%-100% of tuition
MSc programmes designed to enable of Business was built on a foundation of this
motivated professionals to accelerate their very approach to business education. No
one has greater experience advancing and Contacts
success in business. The school is committed
applying this standard of learning.
to embedding a global mindset into all of D’Amore-McKim School of Business
these programmes as well as in its research You will not only learn more or advance Email: [email protected]
and outreach activities. more — you will become more. Telephone: +1 617 373 5992
Website: www.damore-mckim.
northeastern.edu/academicprograms/
Programme Info: graduate-programs
AACSB International — The Association to Advance Collegiate Schools
Accreditations
of Business
Ranked #54 by U.S. News and World Report, #56 by Forbes, #25 by the
Rankings
Princeton Review, #5 for job placement rate by Bloomberg Businessweek
Type of Programme Full-time MBA
24-month curriculum — inclusive of a one-week trip abroad and a six-
Programme Format
month paid corporate residency
Content Strength or Five specialised career tracks — Finance, Entrepreneurship, Healthcare
Specialisation Management, Marketing, and Supply Chain Management
Languages Courses No
Application Deadlines 1 November, 15 January, 15 March and 15 April
Starting Dates September
Exchange Programme No
Percentage of salary
70%
increase after graduation

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MBA SCHOOL PROFILE

Prepare to lead with a Schulich MBA

CANADA
Student Body

Admission Rate: 4:1

Male/Female Ratio: 60/ 40%
Ranked #1 in Canada, Schulich is Canada’s The programme offers flexible study options Age Range: 28-29
pre-eminent MBA programme, according including full-time, part-time, and weekend Average Age: 28
to The Economist, Forbes, CNN Expansion, or evening courses. For individuals who are Degree background: Business – 28%,
America Economia, and eFinancialCareers. interested in international immersion, there
com. Schulich is also ranked #1 in the world is also an option to complete a four-month Arts – 40%, Engineering – 32%
in teaching responsible business by Corpo- exchange with a partner school. International Students: 295
rate Knights. Europe: 3%
The Schulich MBA will equip you with the North America: 59%
The Schulich MBA combines the classroom specialised knowledge and leadership skills Central/South America: 1%
learning of fundamental and advanced man- you will need to accelerate your career. You
agement concepts with real-world experi- will learn to manage complexity, ambiguity, Middle East: 3%
ence, including a six-month strategic con- and change as you examine business issues Oceania and Asia: 33%
sulting project where students work with in a global environment. Africa: 1%
real clients on real business problems and Latin America: 1%
solutions. If you seek a highly rewarding and stimulating
programme in a learning environment that
Throughout the programme, students have is truly diverse then you will want to con- Admission Requirements
the opportunity to build expertise in the 18 sider Canada’s Global Business School – the
areas of specialisation (see below for list). Schulich School of Business. University Degree: 4-year Bachelor’s
degree (honours)
Programme Info: GMAT (minimum): 550
Accreditations AMBA, EQUIS, AICTE English tests: TOEFL iBT – 100
The Economist – #1 in Canada and top 50 in the world in the 2016 global References: 2 professional references
MBA ranking and #1 in Canada and #5 in the world in the 2016 global Minimum Length of Work Experience:
Executive MBA ranking 2 full years
Forbes – #1 in Canada and #9 in the world among two-year MBA pro-
grammes outside the US in the 2015-2016 best business schools ranking
CNN Expansion – #1 in Canada and #24 in the world in the 2016 global Costs
Rankings
MBA ranking
Corporate Knights – #1 in Canada and in the 2016 ranking of the top Application Fee: USD 150
MBA programmes integrating social, ethical, and environmental impact Tuition Fees:
management issues into the curriculum
eFinancial Careers – #1 in Canada and #23 in the world in the 2016 Top
Domestic students – CAD 77,900 (FT),
MBAs to get a job in Investment Banking survey CAD 81,000 (PT)
Type of Programme MBA, International MBA International students – CAD 99,400
MBA IMBA Scholarships: Various (ranging from
Programme Format Full-time or Part-time Full-time only CAD 2,000 to CAD 76,000)
16 months (FT) or ~40 months (PT) 20 months (including 4-month work term)
18 areas of specialisation: Accounting, Health Industry Management,
Arts, Media and Entertainment; International Business; Business and
Contacts
Sustainability; Marketing; Business Consulting; Operations Management
Content Strength or Imran Kanga
and Information Systems; Organisation Studies; Entrepreneurial Studies;
Specialisation
Finance; Real Estate and Infrastructure; Financial Engineering; Social Email: [email protected]
Sector Management; Financial Services; Strategic Management; Global Telephone: +1 416 736 2100
Mining Management; Global Retail Management
Ext 22062
Languages Courses English
Website: www.schulich.yorku.ca
Winter 2018 MBA Fall 2018 MBA/IMBA
Round 1: 5 July 2017 Round 1: 1 December 2017
Application Deadlines Round 2: 5 September 2017 Round 2: 1 February 2018
Round 3: 1 October 2017 Round 3: 15 March 2018
Round 4: 15 November 2017 Round 4: 30 April 2018
Exchange Programme 54 schools (in 31 countries)
Percentage of salary 117%
increase after graduation

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MBA SCHOOL PROFILE

#1 in Canada for Value for Money and Salary Increase

C a n ada
Student Body
While in the MBA programme, you will Male/Female Ratio: 66/34%
work with a personal support team that
includes: an executive coach who will work Age Range: 23-35
with you to help discover and develop your Average Age: 28
areas of strength; a career coach who will Degree background: Business, Arts,
provide one-on-one assistance with your job Science, Engineering, Technology,
search; a team performance coach who will Economics, or Healthcare
work with your team to ensure that you are International students: 40%
productive, efficient and effective; a lifestyle Europe: 4%
coach who can help you develop a personal North America: 60%
lifestyle, diet and fitness regimen. Central/South America: 5%
Queen’s University, home to Smith School Middle East: 3%
of Business, has a rich academic tradition No MBA programme will prepare you for Oceania and Asia: 20%
dating back to 1841, and is ranked among the job of your dreams. The Queen’s MBA Africa: 3%
Canada’s best universities. It is located in experience provides the optimal balance Latin America: 5%
Kingston, Ontario, one of Canada’s most of technical skills and the professional
vibrant small cities. competencies, or soft skills, employers are
looking for. Admission Requirements
Smith School of Business is one of the world’s
premier business schools, with a faculty Highlights: University Degree: A 4-year (or
team renowned for its business experience equivalent) undergraduate degree
and academic credentials. Smith has earned The Queen’s MBA offers a unique team- in any discipline from a recognised
international recognition for its innovative based experience that provides our students university
approaches to business education and has with the best practices for successful team GMAT (minimum): 600
been a pioneer in the areas of team-based building and teamwork. One of the greatest English tests: If applicable, an
and experiential learning. benefits of our team-based approach acceptable score on one of the
is the opportunity to develop the team approved English proficiency tests
The student experience at Smith extends and leadership skills that are essential in (TOEFL iBT – min. 100, IELTS – min 7.0)
well beyond the classroom. From student- business today. We offer a small class size References: 3 professional references
run conferences to a student-run hedge of 80 students, with the ability to build Minimum Length of Work Experience:
fund, the opportunities to gain hands-on on your cultural intelligence through our A minimum of 2 years of relevant work
experience and develop critical team and diverse approach to recruiting. This small experience
leadership skills are practically limitless. class size also allows you to get to know
Smith’s holistic approach to personal our exceptional faculty members on a one-
coaching is designed to help students to-one basis. Costs
achieve their full potential. Small class sizes
and a strong sense of community make the Our MBA allows you to see your return on Application Fee: No fee
Smith experience truly exceptional. investment much faster than any other MBA, Tuition Fees:
with a 98% employment rate, and a starting CAD 81,000 Fees, CAD 91,000
Programme Presentation average salary of CAD 119,596. International Fees - All-inclusive fees
for the 1-year MBA programme. Paid in
The Queen’s MBA programme has only No MBA programme will prepare you better 3 instalments during the programme
one intake, in January of each year. It is for the job of your dreams. The Queen’s Scholarships: Merit based: range
designed for candidates seeking to develop MBA experience provides the optimal between CAD 10,000 and CAD 65,000
fundamental business skills to assist with a balance of technical skills and professional
pivot or complete transition in their careers. competencies employers are looking for.
Contacts
Programme Info: Full-time MBA Programme
Accreditations AACSB, EQUIS Email: [email protected]
Rankings
#1 Financial Times (2017) for Value for Money, and Salary Increase. #1 Telephone: Toll-free -
Businessweek (2017) for Salary and Job Placement +1 844 533 1651
Type of Programme Full-time MBA +1 613 533 2302
Full-time, residential MBA delivered in class – lecture-based, Website: www.queensmba.com
Programme Format
and by modules.
Language Courses English
Application Deadlines Rolling Admission
Starting Dates January

108
 For the rest of your life, when you tell someone
you have an MBA, the first question they’ll ask is:

WHERE
DID YOU
GET IT?
Ranked #1 in Canada, 2017

- Value for Money - Salary

- Salary Increase - Job Placement
MBA SCHOOL PROFILE

An MBA That Puts You First

CANADA
Student Body
Admission Rate: 5:1
Male/Female Ratio: 45/55%
Age Range: 24-39
Average Age: 29
Degree Background: Science,
Engineering, Arts, Business
Administration, Economics, Commerce,
Since the creation of Canada’s first SFU Beedie MBA. With a typical class of Technology, Education, Law
Executive MBA in 1968, the Beedie School just 55 students, the learning experience
of Business has championed lifelong is as personalised and interactive as it International Students: 55%
learning, productive change, and the need gets. You’ll have the freedom and space Europe: 4%
to be innovative as we deliver research and to explore your interests, discover your North America: 49%
teaching that makes an impact. We are strengths, and take risks in a collegial, Central/South America: 6%
accredited by the Association to Advance supportive environment. Your classmates Middle East: 6%
Collegiate Schools of Business (AACSB) will become lifelong friends and invaluable
and have received the EQUIS Quality business connections. Oceania and Asia: 35%
award from the European Federation
for Management Development (EFMD), As you move through the 12-month Admission Requirements
an achievement that fewer than 1% of academic component, expect to become
business schools worldwide have earned. immersed in deep, thought-provoking University Degree: A 4-year Bachelor’s
questions and extensive study. Instead degree or recognised equivalent
The Beedie School of Business of memorising textbooks and taking
undergraduate, graduate, and PhD standardised tests, you’ll learn through GMAT (minimum): 550
programmes demonstrate a spirit of interactive and experiential learning English tests: TOEFL 93 (min 20 in each
innovation, flexibility and relevance. methods, exploring relevant topics such category); IELTS 7.0 (min of 6.5 in each
Supported by extensive partnerships as sustainability, new ventures and category)
with public, private and not-for-profit international business. And it all takes place
organisations, our goal is to produce References: 3
in the centre of Vancouver’s diverse, vibrant,
broadly educated, enterprising, and socially and entrepreneurial business community. Minimum Length of Work Experience:
responsible managers capable of making 2 years
lasting contributions to their communities. At the end of the programme, you can
choose between undertaking a paid four- Costs
Programme Presentation month work term, starting your own new
venture or moving straight into a permanent Application Fee: CAD 90 Domestic,
Cohort learning is an integral part of the position.
CAD 125 International
Tuition Fees: CAD 37,700 Domestic,
CAD 47,100 International
Scholarships: Entrance scholarships
Programme Info:
are awarded to outstanding applicants
Accreditations AACSB, EQUIS, PRME
at the time of admission; no separate
Ranked #23 globally by Corporate Knights and ranked within
Rankings application is required
the top 10 universities in Canada 2017 by Times Higher Education
Type of Programme MBA
12-month full-time academic programme, followed by a 4-month Contacts
Programme Format
work term
Content Strength or
Experiential learning, environmental sustainability and social Kristin Matheson
responsibility, technology and innovation, cross-cultural management,
Specialisation Email: [email protected]
entrepreneurship
Language Courses None
Telephone: +1 778 782 5259
Application Deadlines 20 October, 12 January, 16 March, 11 May Website: www.beedie.sfu.ca/mba
Starting Dates Early September
Exchange Programme 2-week international or domestic cross- cultural experiential project
Percentage of salary
28%
increase after graduation

110
MBA SCHOOL PROFILE

We Admire Ambition and Support

Education Through Merit Scholarships
U N I T E D S TAT E S
Student Body

Admission Rate: 45% acceptance rate

Male/Female Ratio: 61/39%
Programme Presentation Age Range: 26 years
Degree Background: 78% non-business
Syracuse University’s Martin J. Whitman At the Whitman School of Management, backgrounds for incoming class of 2016
School of Management, formerly the College we believe that a well-rounded education International Students: 96% for
of Business Administration, was established is about more than just studying business incoming class of 2016
in 1919. The Whitman School is located in courses. It is about providing dynamic
Syracuse, NY, 250 miles northwest of New and relevant experiences that ensure our Europe: 26%
York City. The centerpiece of the School students build a competitive edge in the Central/South America: 4%
is a 160,000-square-foot student-focused global marketplace. Our academically Oceania and Asia: 66%
facility that delivers nationally prominent rigorous MBA programme allows students
programmes promoting life-long learning to build in-depth specialisations that will
while fostering collegiality and community. help them to become leaders in their fields.
Admission Requirements
Whitman students benefit from intimate
class sizes and easy access to professors and Students in the Whitman MBA programme at University Degree: Bachelor’s degree
resources while experiencing life at a large, Syracuse University complete 54 credits over equivalent to a US Bachelor’s degree
multinational and multicultural university. 2 years and receive a well-rounded education GMAT (minimum): 600
that incorporates both the theoretical English tests:
Graduate education delivered with best background and practical experience
in-class instruction has always been at TOEFL – 100 (Minimum total score) and
needed to succeed in today’s ever-changing
the core of the Whitman School’s values. global economy. The experiential learning 24 (Preferred speaking score)
The Whitman School offers a full-time component encourages students to apply IELTS – 7.0 (Minimum total score) and 7.0
MBA with specialisations in accounting, classroom learning to business problems, (Preferred speaking score)
business analytics, entrepreneurship and connect with decision makers, and deliver PTE Academic – 68 (Minimum total
emerging enterprises, finance, marketing tangible results that add value to sponsoring score) and 65 (Preferred speaking score)
management, real estate, and supply chain organisations. Students build an experiential
management. The Whitman difference Minimum Length of Work Experience:
portfolio through internships, specialised
lies in tailoring programmes that focus courses, community engagement, and other 1 year
both on the theoretical and practical for a practical experiences that make them more
comprehensive student experience. valuable in the marketplace. Costs
Application Fee: USD 75
(non-refundable)
Tuition Fees: USD 81,000
(2-year 54 credit programme)
Scholarships: Merit-based and available
to all admitted students; amount will vary
depending on candidacy

Contacts
Programme Info:
Shri Ramakrishnan
Accreditations AACSB
Email: [email protected]
Bloomberg Businessweek, 2016 (#71); U.S. News & World Report, 2016
Rankings
(#85); Poets & Quants, 2016 (#87)
Telephone: +1 315 443 3497
Type of Programme Full-time Website: www.whitman.syr.edu
Programme Format On campus
Accounting, Business Analytics, Entrepreneurship and Emerging Enter-
Content Strength or
prises, Finance, Marketing Management, Real Estate, and Supply Chain
Specialisation:
Management
30 November, 1 January, 15 February (final deadline for international
Application Deadlines:
students) and 19 April (final deadline for domestic students)
Starting Dates: Fall 2018 – 28 August 2018 – first day of classes

ACCESS MBA GUIDE 2017-2018 111

MBA SCHOOL PROFILE

Challenge the World

by Changing How You Think
C a n ada
Student Body
Male/Female Ratio: 57/43%
Age Range: 23-38
Average Age: 29
Degree Background: Business: 28%,
Engineering: 24%, Social Sciences:
Located in Vancouver, Canada’s gateway to at UBC Sauder School of Business’ Robert H. 14%, Economics: 13%, Science: 8%,
Asia and the Pacific Northwest tech corridor, Lee Graduate School empowers candidates Humanities: 6%, Law: 5%, Computer
UBC Sauder is one of the world’s leading to embrace their inner challenger to change
business schools. By challenging the limits Science: 2%
their lives and businesses for the better. We
of the traditional business school model, cultivate a global mindset within our MBAs International Students: 54%
UBC Sauder takes a different approach and starting with their cohort, one of North Europe: 4%
gets different results. QS ranks our faculty’s America’s most internationally diverse. North America: 48%
business research impact among North Our MBAs continue this mindset with the Central/South America: 9%
America’s top 20. The American Marketing Global Immersion Experience, where they
Association places our marketing division at Middle East: 1%
travel overseas for two weeks and consult Oceania and Asia: 35%
#6 globally. With leading professors in every for international corporations, and with for-
business function, our students and partners credit courses offered through the Global Africa: 3%
gain unparalleled insights with impact. With Network for Advanced Management, of
the Forbes 30 Under 30 and other leading
publications celebrating the innovations of
which UBC Sauder is the only Canadian Admission Requirements
member school. Ranked in the Top 50 of
our alumni, UBC Sauder’s reputation for University Degree: 3* or 4-year
all MBA programmes by the QS Global 250
equipping students to move markets and
take business in new directions is being built Business Schools Report for our research and Bachelor’s degree with a B+ average, or
one student at a time. graduate employability, we challenge our recognised equivalent from an accredited
candidates to strategise like a CEO, and help institution.
Programme Presentation graduates move on to leadership positions in *3-year degrees are accepted from UK,
Vancouver and around the world, realising Australia, New Zealand, and Europe. If your
The 16-month, Full-time MBA programme their personal and professional potential. country or region is not listed here, email us for
clarification
GMAT (minimum): 550
English tests: TOEFL iBT – 100, PBT – 600,
Programme Info: CBT – 250; IELTS – 7.0; MELAB – 84;
Accreditations AACSB PTE Academic – 70
Top 20 in North America for Business Research Excellence (QS Top 250
References: 2 references
Business Schools Report 2017)
#1 University in North America for International Outlook (Times Higher Minimum Length of Work Experience:
Education World University Rankings 2016-2017) 2 years
Rankings
#1 University in Canada for Business & Economics (Times Higher
Education World University Rankings 2016-2017)
Ranked in the Global Elite Top 50 (QS Global 250 Business Schools
Costs
Report 2017)
Application Fee: CAD 137.50
Type of Programme Full-time
Tuition Fees: CAD 47,500 (Domestic)/CAD
Programme Format In person
76,981 (International)*
We offer three career tracks: 1) Finance, 2) Product & Service *Subject to UBC Board of Governors’ approval
Content Strength or
Management, 3) Innovation & Entrepreneurship, plus the option to in February 2018. The university may adjust
Specialisation
create a customised Career Track fees at any time with limited notice
Language Courses None Scholarships: Available
November 2017
January 2018
Application Deadlines February 2018 Contacts
May 2018
Please see deadlines on sauder.ubc.ca/ftmba
UBC Sauder
Starting Dates August 2018 Email: [email protected]
Exchange Programme Yes Telephone: + 1 888 988 9895
Percentage of salary Website: sauder.ubc.ca/ftmba
72%, as per the Financial Times Global MBA Ranking 2016
increase after graduation

112
MBA SCHOOL PROFILE

Leading Discovery and Innovation since 1785

C a n ada
Student Body

Male /Female Ratio: 56/44%

Age Range: 25-45
Average Age: 27
Degree Background: Mainly
When you choose UNB, you are choosing an Our MBA programme provides world-class Engineering, Sciences, Business,
experience designed to transform you into education and one of the shortest payback and Technology
the person you hope to be. By encouraging periods in North America. International Students:
initiative, exploration, critical thought, and
innovation, we will help you discover and The programme offers students the flexibility Europe: 2%
realise your potential. UNB has among the of fitting their courses in their individual North America: 5%
best student-to-faculty ratios of Canada’s study plan. MBA options are structured in Central/South America: 2%
comprehensive universities. We offer world- modules that build from the fundamentals Middle East: 15%
class programmes with a small-university of business to advanced management Oceania and Asia: 35%
experience. We are large enough to offer practice.
a wide range of programmes and services, Africa: 36%
but small enough to offer the support you The MBA programme is designed to Latin America: 5%
need to discover and realise your potential. encourage students to think creatively
With over 230 years of history, 16 students and develop business ideas which can lead Admission Requirements
for every faculty member, and 75-plus to entrepreneurial opportunities upon
programmes to choose from, you are more graduation. Students will benefit from the
than just a number at UNB. entrepreneurial mindset and leadership University Degree: Undergraduate min
capabilities of our faculty members. 3.0/4.3
Programme Presentation GMAT (minimum): 550
During the 12-month intensive programme, English tests: IELTS – 7; TOEFL iBT – 93
At UNB Saint John, experience hands-on you will build an international network of References: 3
business consulting, study abroad, and colleagues, receive top-notch education
benefit from personalised development from one of the oldest English language Minimum Length of Work Experience:
opportunities. universities in Canada, and be introduced 2 years post-graduation
to the local business community.
We offer three specialisations: Costs
• Project Management Join the UNB Saint John One-year MBA
• International Business programme, build your global network and Application Fee: CAD 100
• Entrepreneurship and Technology Management maximise your career potential.
Tuition Fees: CAD 27,000
Scholarships: CAD 4,000-CAD 10,000

Contacts
Sarah Craig
Email: [email protected]
Telephone: +1 506 648 5973
Website: unb.ca/saintjohn/business/mba

Programme Info:
Type of Programme MBA
Programme Format In class, one-year intensive
Content Strength or Specialisations in International Business, Project Management,
Specialisation Entrepreneurship and Technology Management, and General Management
Language Courses Through our Pre-MBA Programme
Application Deadlines 31 May for scholarships, 15 June for international students, 15 July domestic
Starting Dates Last full week of September
Exchange Programme Burgundy School of Business in France and Shanghai University in China

ACCESS MBA GUIDE 2017-2018 113

MBA SCHOOL PROFILE

A World-Class Education
on a Personalised Scale
U n ited S tates
Student Body

Admission Rate: 5:2

Male/Female Ratio: 70/30%
Age Range: 21-40
Average Age: 28
Degree Background: Bachelor’s,
Located in Nashville, Tennessee, US, seven-week modular class schedule allows Master’s, Doctorate, JD, MD, EdD
the health care provider hub of the US, students to make significant progress in their International Students:
Vanderbilt Owen offers a Healthcare MBA preferred areas of study before beginning Europe: 2%
in addition to its Full-time MBA. Nashville is summer internships. Our distinguished two-
also home to the Nashville Entrepreneurship North America: 71%
year Leadership Development Programme
Center, identified by Google as one of nine Oceania and Asia: 20%
uses best-in-class tools to produce rigorous
tech hubs for entrepreneurs in the US. personalised development for each student Africa: 2%
Owen Graduate School of Management focused on the unique competencies that Latin America: 5%
houses the Turner Family Center for Social set high-potential leaders apart and includes
Ventures that provides opportunities for
students to participate in business projects personalised coaching by certified executive Admission Requirements
throughout the developing world to help coaches. We offer a personal approach to
alleviate poverty. In addition, the Owen career management, ensuring that students University Degree: Equivalent to a 4-year
Entrepreneurship Center provides grants receive the individual attention, resources, US Bachelor’s degree
and opportunities for students to pursue and guidance required to achieve their
career goals. GMAT: No minimum; 80% range
their entrepreneurial dreams. is 616-720
Programme Presentation A small class size of 170 promotes a very English tests: TOEFL iBT – 100; IELTS – 7
collaborative environment as well as with equally distributed sectional scores
The Vanderbilt MBA is known for offering giving easy access to professors and career References: 2 letters of recommendation
world-class education on a personalised coaches. We pride ourselves on offering a from professional, not academic sources
scale. Featuring career-focused personalised approach, where professors Minimum Length of Work Experience:
specialisations, immersion learning, and a and staff know students from Day 1. 2-3 years

Costs
Programme Info:
Accreditations AACSB Application Fee: USD 175
U.S. News & World Report - #22 MBA Programme (2016) Tuition Fees: USD 53,990 per year
Princeton Review - #2 Best Professors; #5 Best Campus Environment Scholarships: Merit-based and range
(2016) from USD 10,000/year to full tuition.
Poets & Quants - 10 Business Schools to Watch in 2016
Diversity scholarships based on
Rankings Economist - #17 MBA among US programmes; #1 MBA in “Opening New
Career Opportunities” (2016) nationality and Forté Fellowships for
Bloomberg Businessweek Best US Business Schools - #32 (2016) Women; Dean’s Scholars scholarships
Financial Times - #79 globally and #40 among US Schools (2017) provide full tuition and special
America Economía – Top Global Business Schools #26 (2017) programming
Type of Programme MBA
FT programme with 3-month summer internship between first and
Programme Format
second years
Contacts
Content Strength or Strategy, Finance, Human and Organisational Performance, Operations,
Specialisation Marketing, Entrepreneurship, Health Care, General Management
Ms Kim Killingsworth, Director of
3-week US Business Culture and Communication programme prior to International Recruiting and Relations
the start of the programme as well as the pronunciation course offered Email: kim.killingsworth@owen.
Language Courses
throughout the academic year and Communications Academy courses vanderbilt.edu
on writing and presentation skills Telephone: +1 615 343 4418
Application Deadlines 23 October 2017; 8 January 2018, 5 March 2018
Website: www.owen.vanderbilt.edu
Early July 2018 for 3-week US Business Culture and Communication
Starting Dates
programme; early August 2018 for orientation and classes
Exchange Programme Exchange with 12 partner MBA institutions around the world

114
 Financial Times 2 0 1 0 - 1 7

Asia’s Leading Global Business School

Ranked in the world’s top 15 Global MBA’s for 8 consecutive years and Asia’s No.1 for 6 times in 8
years by Financial Times, HKUST MBA is designed for professionals who seek an international
business education focused in Asia.

Our worldwide recognition attracts a highly diverse group of students every year. You will study with
top talent and learn from world class faculty, who will bridge theory with practice to enlighten and
inspire. Through our MBA exchange program, international field trips, study tours, career treks and
real life business projects, you will also gain the global vision and business insights required to take
your career to the next level.

HKUST Full-Time MBA Program

15 MBA Program in the World

No. Global Top 15 for 8 consecutive years

No. 1
MBA Program in Asia
for 6 times in 8 years

Students per Intake: 110 - 120

International Students: 90 - 95%
Nationalities Represented: 25 - 30
Average Work Experience: 5 - 6 years
International Faculty: 85%
Program Length: 12 or 16 month option

mba.ust.hk
MBA SCHOOL PROFILE

Reimagined for What Comes Next

A ustralia
Student Body
Admission Rate: 5:1
Male/Female Ratio: 48/52%
Average Age: 30
Degree Background: Science, Business/
Commerce, Engineering, Arts, Applied
Monash Business School is based in dimensions. The Monash MBA Leadership Science, IT, Law
Melbourne, Australia. It is ranked among and Professional Development modules International Students: 40%
the top 1% of universities in the world by develop critical executive capabilities and
the Times Higher Education World University personal leadership style. The programme Europe: 3%
rankings, and has achieved ‘triple crown’ brings together international and local North America: 3%
accreditation from the AACSB, EQUIS, students from a wide range of professional Central/South America: 2%
and AMBA. Featuring a commitment to and cultural backgrounds, and is committed Middle East: 4%
leadership development, management to a global orientation in all of its activities. Oceania: 69%
practice, and true global orientation, the
Monash MBA prepares next-generation In each of the modules on Foundation, Asia: 15%
leaders for the 21st century. Innovation, Transformation, and Latin America: 4%
Globalisation, Monash MBA students
Programme Presentation engage directly with businesses and Admission Requirements
organisations on relevant consulting project
The Monash MBA is a two-year programme work. Projects on strategy, technology, University Degree: Australian Bachelor’s
that incorporates class-based learning, and entrepreneurship are designed into
the programme, and an international degree or equivalent
experiential modules, supervised consulting
projects, and an overseas international business project and strategy capstone GMAT (minimum): Not required
business module. Designed for ambitious complete the journey. Study is undertaken English tests: TOEFL PBT minimum test
young professionals with a minimum in a combination of daytime, evening, score of 550 with a Test of Written English
of three years of work experience, it occasional weekend, and intensive study score of at least 4.5.
combines academic, practical, and reflective modes. TOEFL iBT - overall 79, Writing 21,
Listening 12, Reading 13, and Speaking 18
References: 2
Minimum Length of Work Experience:
3 years, including 1 year of professional/
managerial experience; average is 7 years

Costs
Application Fee: No fees
Tuition Fees: AUD 69,400 (for 2 -year
programme; 2017 fees)
Programme Info: Scholarships: We offer a range of
Accreditations AACSB, EQUIS, AMBA generous scholarships. For a list of
Type of Programme MBA scholarships available please visit:
Four modules over two years; Combination of weekend, evening, and www.business.monash.edu/mba/
Programme Format
intensive modes of study financing-your-mba/scholarships
Leadership and Personal Development Programme; integrated teach-
ing; design thinking, engagement with local and international industry
Content Strength or
practitioners; supervised consulting projects in strategy, commerciali- Contacts
Specialisation
sation of technology, new venture startups and international business;
experiential learning, global orientation; strong cohort design Monash MBA Office
Applications for February 2018 intake close on Email: [email protected]
Application Deadlines
Round 1: 31 May 2017 Telephone: + 61 3 9903 4355
Round 2: 31 July 2017 Website: www.mba.monash.edu
Round 3: 30 September 2017
Starting Dates February

116
MBA INTERVIEW

The Monash MBA:

Reimagined for What Comes Next
Could you give us a brief overview of the modules on Foundation, Innovation,
your MBA programme? Transformation, and Globalisation,
The Monash MBA is a two-year the Monash MBA participants
programme that incorporates class- engage directly with businesses and
based learning, experiential modules, organisations on consulting project
supervised consulting projects, and work. Projects on strategy, technology,
an overseas international business and entrepreneurship are designed into
module. Designed for ambitious young the programme, and an international
professionals with a minimum of three business project and strategy capstone
years’ work experience, it combines complete the journey. Study is undertaken
academic, practical, and reflective in a combination of daytime, evening,
dimensions. The Monash Leadership occasional weekend, and intensive study
and Professional Development modules modes.
develop critical executive capabilities Professor Patrick Butler
and personal leadership style. The Director, MBA Programmes, What business areas do your students
programme brings together international Monash Business School generally enter after graduation?
and local students with a wide range of Monash MBA graduates take up positions
professional and cultural backgrounds, Patrick has been a teacher and in a wide range of sectors and roles. In
and is committed to a global orientation director on MBA and Executive MBA many cases, students return to their
in all of its activities. programmes on several continents. original employers to move into more
Formerly based at Trinity College senior managerial positions. Students
What is the profile of your students? Dublin and Melbourne Business who are seeking a change of career
School, he has been leading the
The profile of students on the Monash deliberately seek opportunities in new
Next-Generation Monash MBA
MBA programme is truly diverse. The programmes since 2015. He sectors and often in new countries.
2017 class comprises 50 students from has extensive consulting and Undertaking MBA projects in different
15 different countries and women make executive development experience and challenging areas provides a terrific
up half of the class. All of the major internationally in sectors including opportunity to experience new contexts
business sectors are represented, and banking, food, healthcare, life sciences, and sectors.
the professional backgrounds include and government. He has worked on
marketing development projects with
engineering, science, the arts, medicine, What advice would you give to potential
EU and UN organisations.
healthcare and commerce. Such diversity candidates?
in the classroom engenders a respect for Applicants for the MBA should be able to
different social and cultural backgrounds experience of reflective executives and communicate clearly their expectations of
and helps participants to embrace new leaders. In the MBA consulting projects in the programme. Demonstrating a sound
and enlightening perspectives. each module we work directly with firms knowledge of the purpose and role of an
in cutting-edge technologies and develop MBA is important at a general level; being
What makes your MBA special? the entrepreneurial insights and skills that informed about the particular details and
In the Monash MBA programme we are increasingly sought by progressive content of a specific programme is critical
constantly strive for the right balance organisations and employers. for a formal application. Connecting their
of the intellectual rigour of a graduate personal career plans with the programme
university programme and the application Could you describe the structure of your they are applying for is the key. And
capabilities necessary for management programme? applicants should always remember to
practice. This requires us to combine the The two-year model commences with outline what they can contribute to their
leading insights of our research-oriented MBA Orientation and then moves through classmates’ learning, and show how they
academic staff with the hard-won a series of themed modules. In each of can add real value to the experience. □

ACCESS MBA GUIDE 2017-2018 117

MBA SCHOOL PROFILE

Leading from Asia

S i n ga p o re
Student Body
Male/Female Ratio: 57/43%
Age Range: 24-42%
Average Age: 29
Degree Background: From any
undergraduate faculty
International Students: 93%
National University of Singapore (NUS) Programme Presentation Europe: 9%
Business School is known for providing North America: 5%
management thought leadership from an The NUS MBA programme aims to ensure Oceania and Asia: 83%
Asian perspective, enabling its students that our graduates acquire the knowledge Latin America: 3%
and corporate partners to leverage global and skills to bridge theories with hands-
knowledge and Asian insights. on practical experience. Insightful Asian
content and experiential learning offerings, Admission Requirements
The school has consistently received top such as the Management Practicum and
rankings in the Asia-Pacific region and is Management Communication modules, University Degree: A recognised
accredited by organisations of high repute are imperative to offering an immersive Bachelor’s Degree
in education circles, endorsements that the and authentic experience in the world GMAT (minimum): Good GMAT score
school has met the highest standards for of business. The programme also offers
business education. The NUS MBA is #26 English tests: TOEFL/IELTS/PTE (if
internship opportunities and student
in the Financial Times Global MBA Rankings exchange options, as well as specialisations undergraduate degree was not conducted
2017. NUS is also currently ranked #3 in Asia in Strategy & Organisation, Finance, in English): **minimum TOEFL score is
by Forbes for the two-year International Marketing, Healthcare Management, and 100, minimum IELTS score is 6.5 and
MBA programmes category. Innovation and Entrepreneurship. minimum PTE score is 68
References: 2 professional references
Minimum Length of Work Experience:
2 years of post-university full-time work
experience

Costs
Application Fee: No fee
Tuition Fees: SGD 62,000 (excluding taxes)
Scholarships:
The NUS MBA Study Awards
The NUS MBA ASEAN Scholarship
The NUS MBA Women in Business
Scholarship
Programme Info: The NUS MBA Diversity Scholarship
Accreditations AACSB and EQUIS accredited Asian Development Bank – Japan
Ranked #26 MBA Globally – Financial Times Global Rankings 2017. Scholarship
Rankings
Ranked #3 in Asia for two-year International MBA Programmes – Forbes Lam See Chiew Memorial Scholarship
Type of Programme MBA Programme in Entrepreneurship & Philanthropy
Programme Format 17 months full-time NUS-APEC Scholarship
Experiential Learning Modules (Management Practicum and Manage-
Content Strength or ment Communication) and Specialisations in Strategy & Organisation,
Specialisation Marketing, Finance, Healthcare Management, and Innovation & Contacts
Entrepreneurship
Language Courses None Teo Su Ann
1 Oct 2017 - 31 January 2018 (Round 1/Scholarship Qualifying Round) Email: [email protected]
Application Deadlines
and 1 February 2018 - 31 March 2018 (Round 2) Telephone: +65 6516 7363
Starting Dates July/Aug 2018 (one intake per year) Website: www.mba.nus.edu
Exchange Programme Yes

118
 MBA
Listings 2017-2018

Highlights of Some of the Top

MBA Programmes in the World
 MBA LISTINGS
120

Aims
Course Weighted Salary percentage Value for Employed at three International
Rankings achieved Women students (%) Accreditation(s)
Length salary (USD) increase money rank months (%) students (%)
School name Country Costs rank
Financial The Business
FT FT TE FT FT FT TE FT TE SD FT SD
Times Economist Week
AACSB, AMBA,
AGSM at UNSW Business School Australia AUD 81,600 56 16 121,794 61 48 81 84 (86) 79 67 33 AACSB
EQUIS
ALBA Graduate Business School Greece EUR 19,750 12 40 AMBA, NEASC EQUIS
Amsterdam Business School Netherlands EUR 35,900 12 AMBA, AACSB, EQUIS EQUIS
Arizona State University: W. P. Carey School of Business US USD 58,300 57 42 49 22 113,707 115 4 47 83 95 (100) 62 34 >100 43 AACSB AACSB
Ashridge Business School (see Hult International Business School) UK GBP 32,500 60 12 AACSB, AMBA, EQUIS AACSB
AACSB, AMBA,
Asia School of Business Malaysia MYR 365,000 20
EQUIS
Ministry of
Aston Business School UK GBP 25,550 12 88 AACSB, AMBA, EQUIS
Education
Athens University of Economics and Business Greece EUR 12,000 14 15 AMBA AMBA
AACSB, AMBA,
Babson College: Olin Graduate School of Business US USD 80,167 87 61 11 to 21 121,312 89 69 8 80 (88) 82 33 AACSB, EQUIS, NEASC
EQUIS
AACSB, AMBA,
Bentley University US USD 77,930 11 to 21 70 AACSB, EQUIS, NEASC   
EQUIS
AACSB, AMBA,
Boston College: Carroll School of Management US USD 96,000 81 48 22 116,433 90 75 85 88 (100) 40 34 AACSB
EQUIS
AMBA, IACBE,
Boston University School of Management US USD 103,924 82 57 22 119,706 101 40 63 85 90 (97) 64 30 43 AACSB
ACBSP, NVAO
Brandeis International Business School US USD 101,930 21 AACSB AACSB
AACSB, AMBA,
Brigham Young University: Marriott US USD 49,240 65 23 24 127,420 120 17 85 88 (100) 22 20 AACSB
EQUIS
AACSB, AMBA,
Business School Lausanne Switzerland CHF 44,800 12 ACBSP
EQUIS
Carnegie Mellon University Tepper School of Business US USD 128,000 38 33 15 22 136,576 104 18 90 85 85 (100) 54 41 69 28 AACSB EQUIS
Case Western Reserve University – Weatherhead School of Management US USD 79,180 96 74 21 13 96 92 AACSB AACSB, EQUIS
China Europe International Business School (CEIBS) China USD 58,700 11 18 159,870 155 39 82 93 (99) 28 45 AACSB, ADCSC, EQUIS AACSB
City University of New York, Baruch College: Zicklin School of Business US USD 38,000 22 AACSB AMBA, EQUIS
City University: Cass UK GBR 41,000 37 52 12 127,110 85 58 28 84 83 (93) >100 78 8 36 AACSB, AMBA, EQUIS AACSB
CMH International Hospitality Management School France EUR 12,000 12 ACBSP, ECBE FIBAA
Columbia Business School US USD 71,544 7 11 20 172,624 103 62 91 86 92 (92) 7 53 38 AACSB AACSB, EQUIS
Concordia University – John Molson School of Business Canada USD 37,100 16 91 AACSB AACSB, EQUIS
AACSB, AMBA,
Cornell University: Johnson US USD 63,894 27 28 16 21 150,531 115 39 71 86 90 (97) 56 42 31 AACSB
EQUIS
Cranfield School of Management UK GBP 36,000 53 49 13 123,773 77 20 9 82 92 (100) 60 75 28 AACSB, AMBA, EQUIS AMBA
CUHK Business School China USD 67,300 36 100 12 to 16 121,193 119 90 38 81 82 (92) 77 54 55 40 AACSB, AMBA AACSB
Dartmouth College: Tuck School of Business US USD 68,910 18 6 5 21 165,414 105 58 88 86 96 (100) 2 39 44 AACSB AACSB
Deakin Business School Australia AUD 37,440 EPAS AACSB
Duke University: Fuqua School of Business US USD 65,665 24 18 3 22 150,212 96 37 96 86 92 (99) 34 45 34 AACSB, SACS AACSB
Durham University Business School UK GBP 28,000 75 67 12 104,321 75 94 7 79 89 (97) 90 93 40 AACSB, AMBA, EQUIS AMBA, EQUIS
EADA Business School Spain EUR 45,000 11 92 AMBA, EQUIS AACSB
EDHEC Business School France EUR 41,000 74 24 10 113,502 77 49 3 82 78 (85) 26 91 32 AACSB, AMBA, EQUIS AACSB
Edinburgh Business School - Heriot-Watt Scotland/ UAE GBP 20,000 91 74 12 102,804 67 34 77 81 (91) 66 77 49 AACSB, EQUIS, AMBA AACSB
EMLyon Business School France EUR 40,000 75 12 74 32 AACSB, AMBA, EQUIS AACSB, EQUIS
Emory University: Goizueta US USD 89,500 51 29 20 12 134,370 104 25 61 84 93 (99) 23 36 24 AACSB AACSB
AACSB, AMBA,
Erasmus University: Rotterdam School of Management Netherlands EUR 47,000 31 93 12 120,625 98 60 14 84 98 96 37 AACSB, AMBA, EQUIS
87 (98) EQUIS
AACSB, AMBA,
Esade Business School Spain EUR 62,700 17 54 12 146,127 116 21 62 85 86 (96) 19 94 32 AACSB, AMBA, EQUIS
EQUIS
ESMT - European School of Management and Technology Germany EUR 43,500 72 53 12 108,360 68 32 2 84 82 (97) 99 97 24 AACSB, AMBA, FIBAA AACSB
EU Business School Spain/ Germany/ Switzerland EUR 16,800 12 ACBSP, IACBE, CEEMAN ABEST21, TEQSA
Fordham University: Gabelli School of Business US USD 73,600 24 AACSB AACSB
Frankfurt School of Finance and Management Germany EUR 33,000 15 AACSB, EQUIS AACSB
Fudan University School of Management China CNY 228,000 24 AACSB, EQUIS AACSB
George Washington University US USD 102,000 86 81 45 21 114,340 97 83 89 83 73 (92) 77 43 41 AACSB AACSB
Georgetown University: Robert Emmett McDonough School of Business US USD 53,850 40 40 34 21 135,711 105 37 94 85 90 (94) 53 37 29 34 AACSB AACSB
Georgia Institute of Technology: Scheller US USD 40,180 61 28 22 123,651 113 40 84 95 (100) 31 25 AACSB AACSB
 Aims
Course Weighted Salary percentage Value for Employed at three International
Rankings achieved Women students (%) Accreditation(s)
Length salary (USD) increase money rank months (%) students (%)
School name Country Costs rank
Financial The Business
FT FT TE FT FT FT TE FT TE SD FT SD
Times Economist Week
By the Japanese Minis- AACSB, AMBA,
Globis University Japan JPY 3,991,000 12 92
try of Education EQUIS
Grenoble Graduate School of Business France EUR 31,450 92 80 12 101,596 76 47 56 77 87 (69) 52 96 71 38 AACSB, AMBA, EQUIS AMBA
Harvard Business School US USD 72,000 4 4 1 24 178,113 97 85 87 86 91 (100) 30 35 11 43 CIHE, NEASC AACSB, AMBA
HEC Montréal Canada USD 32,400 12 >100 >100 79 AACSB, AMBA, EQUIS AACSB
HEC Paris France EUR 62,000 20 9 12 to 16 132,073 99 5 35 85 91 (90) 59 93 3 33 AACSB AACSB
AACSB, AMBA,
HHL - Leipzig Graduate School of Management Germany EUR 29,000 12 to 21 64 AACSB, ACQUIN
EQUIS
AACSB, AMBA,
Hong Kong UST Business School China USD 75,300 15 31 12 to 16 149,538 103 77 10 84 90 (93) 87 72 61 30 AACSB, EQUIS
EQUIS
AMBA, AACSB, NEASC, Ministry of
Hult International Business School US/UK/UAE/China USD 73,000 60 12 16 5
QAA Education
IE Business School Spain EUR 69,200 8 17 12 168,923 108 61 24 85 89 (88) 42 92 13 31 AACSB, AMBA, EQUIS AMBA
AACSB, AMBA,
Iese Business School Spain EUR 83,370 10 8 19 147,596 116 11 62 85 86 (96) 33 94 20 32 AACSB, AMBA, EQUIS EQUIS
AACSB, AMBA,
IESEG School of Management France EUR 24,000 12 AACSB, EQUIS, AMBA
EQUIS
AACSB, AMBA,
IMD Switzerland CHF 85,000 21 23 12 154,511 81 82 8 87 79 (100) 66 97 21 19 AACSB, AMBA, EQUIS
EQUIS
AMBA, IACBE,
Imperial College Business School UK GBP 47,000 45 12 112,865 72 37 83 92 (92) 88 35 AACSB, AMBA, EQUIS
ACBSP, NVAO
Indian Institute of Management, Ahmedabad India INR 2,450,000 29 92 22 181,863 105 3 36 79 91 (100) 1 1 84 22 EQUIS AACSB
AACSB, AMBA,
Indian Institute of Management, Bangalore India INR 1,300,000 50 24 152,000 96 60 77 93 (97) 0 14 EQUIS
EQUIS
AACSB, AMBA,
Indian School of Business India INR 2,955,400 28 12 145,453 160 51 82 93 (99) 1 31 AACSB
EQUIS
Indiana University: Kelley School of Business US USD 70,960 47 30 26 21 127,346 103 15 68 85 94 (99) 17 37 18 30 AACSB EQUIS
INSEAD France/Singapore EUR 80,800 1 13 12 167,657 95 75 11 85 82 (97) 39 96 1 30 AACSB, AMBA, EQUIS AACSB, EQUIS
International University of Japan – Graduate School of International
Japan JPY 2,200,000 90 24 72 31 23 Ministry of Education AACSB
Management
International University of Monaco Monaco EUR 33,500 91 10 >100 89 84 AMBA AMBA, EQUIS
Lancaster University Management School UK USD 44,948 42 77 12 114,220 101 64 6 85 86 (92) 71 98 59 47 AACSB, AMBA, EQUIS AACSB
Leeds University Business School UK GBP 25,000 98 12 89,202 79 17 78 100 (74) 90 90 57 AACSB, AMBA, EQUIS FIBAA
Lehigh University: Lehigh College of Business and Economics US USD 64,750 12 AACSB AACSB, EQUIS
London Business School UK USD 108,207 6 26 15 to 21 154,567 92 84 72 88 94 (99) 25 92 9 35 AACSB, AMBA, EQUIS AACSB, EQUIS
AACSB, AMBA,
Loyola University Chicago US USD 85,000 24 AACSB
EQUIS
AMBA, IACBE, ACBSP,
Maastricht School of Management Netherlands EUR 14,900 12 54 AMBA
NVAO
Macquarie Graduate School of Management Australia AUD 80,000 49 47 24 131,488 75 >100 29 82 92 (100) 31 98 55 26 MGSM AACSB
Manchester Business School/ Alliance MBS UK GBP 42,000 30 12 to 18 130,535 108 43 83 76 (100) 89 33 AACSB
ACCESS MBA GUIDE 2017-2018

AACSB, AMBA, EQUIS

Mannheim Business School Germany EUR 33,000  54 42 12 113,829 73 80 15 87 98 (95) 47 83 52 32 AACSB, AMBA, EQUIS AACSB
McGill University: Desautels Canada CAD 79,500 85 16 88,345 76 70 83 84 (92) 77 35 EQUIS AACSB
Melbourne Business School Australia USD 61,065 76 34 12 100,319 81 34 27 82 91(95) 56 83 44 37 AACSB, EQUIS AMBA, EQUIS
Michigan State University: Broad US USD 44,860 58 36 27 24 106,517 124 2 50 83 96 (99) 3 49 >100 38 AACSB AACSB
MIP Politecnico di Milano Italy EUR 31,000 12 70 AMBA, EQUIS AACSB
MIT: Sloan US USD 68,250 13 17 7 24 165,716 88 76 98 86 92 (99) 22 47 88 40 AACSB AACSB
MODUL University Vienna Austria EUR 22,000 24 AQ AACSB, EQUIS
Monash Business School Australia AUD 64,900 24 AMBA, AACSB, EQUIS AACSB
AACSB, AMBA,
Munich Business School Germany EUR 26,850 15 75 FIBAA EQUIS
100 AACSB, AMBA,
Nanyang Business School Singapore USD 42,769 25 69 12 126,218 138 73 26 77 67 89 32 40 AACSB, EQUIS
(100) EQUIS
National University of Singapore Business School Singapore SGD 45,058 26 99 17 131,760 136 97 33 82 96 (95) 16 93 84 90 31 AACSB, EQUIS AACSB
NEOMA Business School France EUR 36,000 12 80 AACSB, AMBA, EQUIS ABEST21, TEQSA
New York University: Stern US USD 63,720 19 19 17 22 150,859 102 66 95 86 92 (97) 15 31 7 35 AACSB AACSB
Newcastle University Business School UK GBP 21,000 12 AMBA AACSB
North Carolina State University: Jenkins Graduate School of Management US USD 39,954 69 21 AACSB AACSB
121

Northeastern University D'Amore-McKim School of Business US USD 88,602 64 24 AACSB AACSB

Northwestern University: Kellogg School of Management US USD 95,156 12 2 9 12 to 24 164,326 93 83 92 87 95(100) 14 43 10 41 AACSB AACSB
 MBA LISTINGS
122

Aims
Course Weighted Salary percentage Value for Employed at three International
Rankings achieved Women students (%) Accreditation(s)
Length salary (USD) increase money rank months (%) students (%)
School name Country Costs rank
Financial The Business
FT FT TE FT FT FT TE FT TE SD FT SD
Times Economist Week
Nottingham University Business School UK GBP 24,975 82 12 68 91 AMBA, EQUIS AACSB
AACSB, AMBA,
Ohio State University: Fisher US USD 51,587 63 44 41 24 110,129 100 35 52 83 96 (91) 25 37 >100 23 AACSB
EQUIS
Pennsylvania State University: Smeal College of Business US USD 39,358 90 63 37 24 109,799 98 30 44 84 89 (100) 80 37 >100 30 AACSB AMBA
Purdue University: Krannert US USD 21,092 69 85 42 24 114,732 113 52 80 82 (99) 42 30 AACSB , EQUIS AACSB, AMBA
Queen's School of Business Canada CAD 91,000 100 79 12 93,102 85 59 41 81 78 (100) 59 78 95 36 AACSB, EQUIS AACSB
Rice University: Jones US USD 55,500 64 43 8 22 130,852 97 31 64 83 81 (99) 29 40 >100 25 AACSB AACSB
AACSB, AMBA,
Rutgers Business School US USD 22,429 70 21 108,479 130 54 82 94 (87) 37 37 AACSB
EQUIS
AACSB, AMBA, EQUIS,
SDA Bocconi Italy EUR 49,000 22 38 12 129,064 120 12 30 82 86 (91) 50 77 26 36 AMBA
ASFOR
Shanghai Jiao Tong University: Antai China CNY 248,000 34 24 123,330 172 31 80 100 (97) 20 43 AACSB, AMBA, EQUIS AACSB, AMBA
Sheffield University Management School UK GBP 21,250 12 AMBA, AACSB, EQUIS AACSB
Simon Fraser University: Beedie School of Business Canada USD 47,100 12 AACSB, EQUIS, PRME AACSB
AACSB, AMBA,
Solvay Brussels School of Economics and Management Belgium/France EUR 32,000 12 to 15 90 AMBA,EQUIS, Qfor
EQUIS
Southern Methodist University: Cox School of Business US USD 45,976 66 31 22 89 88 40 AACSB AACSB, AMBA
ABEST21, TEQSA, KHDA,
SP Jain School of Global Management Dubai/Singapore/Sydney USD 27,300 12 AACSB
CPE, ACCA
Stanford Graduate School of Business US USD 68,868 2 5 2 24 195,322 93 95 74 85 82 (99) 27 40 27 40 WASC AACSB
AACSB, AMBA,
Suffolk University: Sawyer Business School US USD 36,300 AACSB
EQUIS
AACSB, AMBA,
Sungkyunkwan University GSB South Korea KRW 49,500 55 18 114,479 96 32 78 95 (96) 32 24 AACSB
EQUIS
Ministry of
Syracuse University: Whitman School of Management US USD 81,000 21 AACSB, SSIC
Education
Tel Aviv University Israel USD 32,000 12 AACSB AMBA
AACSB, AMBA,
Temple University – Fox School of Business US USD 80,484 69 24 87 61 AACSB
EQUIS
AACSB, AMBA,
Texas A & M University: Mays US USD 36,079 18 18 AACSB
EQUIS
AACSB, AMBA,
Texas Christian University: Neeley School of Business US USD 98,370 63 56 24 29 57 AACSB
EQUIS
AMBA, IACBE,
The Lisbon MBA Portugal EUR 36,000 71 12 118,442 88 18 78 81 (100) 51 38 AACSB, AMBA, EQUIS
ACBSP, NVAO
Thompson Rivers University Canada USD 46,974 24 AACSB AACSB
AACSB, AMBA,
Tilburg University: Tias School for Business and Society Netherlands EUR 37,500 12 92,289 16 75 100 AACSB, AMBA
EQUIS
AACSB, AMBA,
UCLA: Anderson School of Management US USD 97,110 32 9 22 24 149,608 98 53 77 85 88 (98) 69 38 52 32 AACSB
EQUIS
University at Buffalo School of Management US USD 29,440 47 24 AACSB EQUIS
University College Dublin: Michael Smurfit Graduate Business School Ireland EUR 34,500 12 AMBA, AACSB, EQUIS AACSB, EQUIS
University College Dublin: Michael Smurfit Graduate School of Business Ireland USD 38,155 73 84 12 113,094 71 83 16 82 88 (100) 70 72 88 42 AACSB, AMBA, EQUIS AACSB
University of Aberdeen Scotland GBP 18,000 12 AMBA AMBA, EQUIS
University of Alberta Canada CAD 51,020 86 20 92,370 63 AACSB AACSB
University of Arizona – Eller College of Management US USD 65,100 42 67 24 29 57 AACSB FIBAA
University of Bath School of Management UK USD 42,794 98 58 12 71,700 55 93 47 78 98 (83) 27 83 21 41 AMBA, EQUIS AACSB, EQUIS
University of Birmingham – Birmingham Business School UK USD 34,525 97 90 12 or 24 99,765 80 96 21 76 93 (84) 82 94 62 37 AACSB, AMBA, EQUIS AACSB, EQUIS
AACSB, AMBA,
University of British Columbia: Sauder Canada CAD 71,278 96 16 90,413 72 59 77 77 (100) 67 59 35 AACSB, EQUIS
EQUIS
University of Calgary Canada USD 57,615 24 AACSB AMBA
University of California at Berkeley: Haas US USD 55,968 14 7 10 21 168,163 94 65 72 87 90 (99) 23 44 3 38 AACSB AACSB
University of California at Irvine: Merage US USD 50,091 62 54 12 or 24 113,098 110 67 80 89 (100) 53 33 AACSB AACSB
University of California, Davis US USD 49,956 71 21 59 11 35 AACSB AACSB
University of California, San Diego: Rady US USD 88,000 65 72 21 AACSB AACSB
University of Cambridge: Judge US USD 74,846 5 63 12 AACSB AMBA, EQUIS
University of Cape Town GSB South Africa ZAR 308,000 11 164,462 107 >100 1 89 89 (89) 44 92 39 33 AMBA, EQUIS AACSB
University of Cape Town, Graduate School of Business South Africa ZAR 210,000 12 AMBA, AACSB, EQUIS AACSB
University of Chicago: Booth US USD 63,980 9 2 4 21 138,466 68 8 78 69 (97) 31 40 EQUIS AACSB
University of Denver: Daniels School of Business US USD 87,000 20 AACSB AACSB, EQUIS
 Aims
Course Weighted Salary percentage Value for Employed at three International
Rankings achieved Women students (%) Accreditation(s)
Length salary (USD) increase money rank months (%) students (%)
School name Country Costs rank
Financial The Business
FT FT TE FT FT FT TE FT TE SD FT SD
Times Economist Week
University of Edinburgh Business School UK USD 45,114 91 75 12 168,200 110 14 80 86 95 (99) 8 46 15 42 AACSB AACSB
AACSB, AMBA,
University of Florida Hough Graduate School of Business US USD 60,150 41 46 24 102,804 67 86 34 77 81 (86) 45 77 45 49 AACSB, AMBA, EQUIS EQUIS
AACSB, AMBA,
University of Geneva Switzerland EUR 33,450 IACBE, ACBSP, BAC
EQUIS
University of Georgia – Terry College of Business US USD 33,768 65 65 22 42 79 AACSB AACSB
University of Hong Kong China USD 64,427 39 32 14 27 65 >100 AACSB ABEST21, TEQSA
University of Illinois at Urbana-Champaign US USD 52,420 83 57 44 21 123,546 109 90 49 84 80 (96) 77 73 55 36 AACSB, EQUIS AACSB
University of Iowa Tippie School of Management US USD 38,225 84 73 35 21 105,430 107 55 86 93 (100) 23 19 AACSB AACSB
University of London UK GBP 13,230 12 AMBA, AACSB, EQUIS AACSB
University of Maryland: Smith US USD 56,184 52 42 33 21 114,031 104 82 84 80 (98) 71 38 95 35 AACSB AACSB
University of Michigan: Ann Arbor Ross School of Business US USD 67,300 23 22 13 21 149,728 105 40 78 87 92 (87) 64 31 50 40 AACSB AACSB
University of Minnesota: Carlson School of Management US USD 47,500 88 39 22 117,567 88 9 66 84 94 (98) 55 16 91 32 AACSB AACSB
AACSB, AMBA,
University of Missouri, Columbia Trulaske College of Business US USD 64,867 79 18 AACSB
EQUIS
University of New Brunswick Canada CAD 26,297 12 AACSB AMBA
University of North Carolina: Kenan-Flagler US USD 59,300 43 23 24 21 131,250 105 23 83 84 90 (100) 43 33 60 30 AACSB AACSB, AMBA
University of Notre Dame Mendoza College of Business US USD 51,430 60 38 25 22 127,995 117 10 59 85 90 (98) 51 32 14 18 AACSB AACSB
University of Oxford: Saïd Business School UK USD 76,723 33 84 12 139,235 87 >100 22 88 86 (81) 83 95 59 31 AMBA, EQUIS AACSB
AACSB, AMBA,
University of Pennsylvania: Wharton US USD 70,870 3 13 6 20 181,634 92 >100 99 85 85 (92) 4 34 24 44 AACSB
EQUIS
University of Pittsburgh: Katz Graduate School of Business US USD 32,628 56 53 12 97,897 105 8 58 79 91 (100) 18 50 73 33 AACSB AMBA
University of Queensland – Business School Australia USD 49,620 11 24 >100 40 74 AACSB, EQUIS AACSB, AMBA
University of Rochester: Simon Graduate School of Business US USD 46,000 78 51 30 22 115,794 118 14 65 82 95 (90) 24 67 74 34 AACSB AACSB
University of San Diego School of Business Administration US USD 74,760 22 108,834 119 56 86 64 (100) 73 48 AACSB AACSB
University of South Carolina: Moore US USD 71,580 77 62 12 106,404 115 55 86 82 76 (100) >100 21 52 AACSB FIBAA
University of Southern California: Marshall US USD 59,815 48 66 38 21 135,199 95 81 97 83 92 (95) 94 32 46 32 AACSB AACSB, EQUIS
University of St Gallen Switzerland USD 44,862 59 89 12 119,861 66 79 19 84 86 (86) 99 98 90 31 AACSB, EQUIS AACSB, EQUIS
AACSB, AMBA,
University of Strathclyde Business School UK USD 42,794 80 76 12 99,450 95 60 4 84 97 (89) 18 86 77 40 AACSB, AMBA, EQUIS
EQUIS
University of Tampa US USD 33,768 12 AACSB AMBA
University of Texas at Austin: McCombs US USD 48,832 46 39 21 21 134,317 95 74 73 81 89 (100) 13 27 72 37 AACSB AACSB
University of Texas at Dallas: Jindal US USD 61,708 93 21 96,900 109 13 78 92 (100) 40 22 AACSB AACSB
University of Toronto: Joseph L Rotman School of Management Canada CAD 107,770 66 20 101,270 83 100 80 80 (96) 66 53 34 AACSB AACSB
University of Victoria: Peter B. Gustavson School of Business Canada USD 32,669 17 AACSB, EQUIS, PRME AACSB
ACCESS MBA GUIDE 2017-2018

University of Virginia: Darden Graduate School of Business Administration US USD 65,920 35 3 12 21 148,358 111 54 81 86 90 (100) 38 33 19 38 AACSB AMBA, EQUIS
University of Washington: Foster School of Business US USD 45,450 41 32 19 21 130,042 97 43 58 85 98 (100) 10 42 76 43 AACSB AACSB
University of Wisconsin, Madison School of Business US USD 32,164 61 40 21 67 54 >100 AACSB AACSB
Vanderbilt University: Owen Graduate School of Management US USD 53,990 79 27 32 21 122,442 96 28 67 86 94 (97) 34 31 >100 26 AACSB AACSB
Vlerick Business School Belgium EUR 38,000 99 12 97,960 72 12 80 62 (100) 77 90 45 AACSB, AMBA, EQUIS AACSB, EQUIS
Wake Forest University: Babcock US USD 38,799 21 AACSB AACSB
AACSB, AMBA,
Warwick Business School UK USD 46,140 44 21 12 112,702 74 86 20 79 96 (100) 71 85 7 32 AACSB, AMBA, EQUIS EQUIS
AACSB, AMBA,
Washington University: Olin Business School US USD 57,900 68 45 36 22 115,349 105 45 70 80 96 (98) 6 35 76 40 AACSB
EQUIS
Webster University Vienna Austria EUR 27, 195 14-24 ACBSP, AQ AACSB
Western University: Ivey Canada USD 80,113 94 59 12 99,142 74 >100 42 84 82 (100) 72 42 80 31 EQUIS ABEST21, TEQSA
WHU – Otto Beisheim School of Management Germany USD 41,926 78 15 45 96 50 AACSB, EQUIS, FIBAA AACSB
Wisconsin School of Business US USD 53,521 67 21 117,284 108 25 85 90 (99) 22 32 AACSB AACSB
Yale School of Management US USD 68,690 16 15 14 22 158,206 110 54 79 86 92 (99) 43 46 34 40 AACSB AACSB
York University: Schulich Canada USD 76,472 56 16 9 75 5 AMBA, EQUIS AACSB

1. FT - Financial Times 5. Value for Money: Calculated by considering the salary earned by alumni today, course length, fees, other 8. Weighted salary in USD: States the average salary today, includes salaries for current year and one or two preceding years.
123

2. TE - The Economist costs, and opportunity cost of not working for the programme’s duration. 9. %age of salary increase: Displays the percentage increase in salary pre and post MBA.
3. BW - Business Week 6. Aims achieved rank: The level at which alumni fulfilled their purpose of doing the MBA. 10. International students: Shows mix of international students.
4. SD - School Data 7. Career progress rank: Indicates the progress in career levels that alumni made pre and post MBA.
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2017-2018 EDITION

GUIDE
for Working Professionals
Executive, Part-time, Distance
Learning, Blended MBAs

C-Suite Style Learning

To Bind or Not to Bind
The Virtues of Youth and Maturity in the MBA World
Impactful Transformation
 EMBA OVERVIEW
With Age
Comes Wisdom
What does it mean to be an EMBA
graduate and leader?
T
he EMBA degree is not for such as the University of Manchester
those who seek to become (UK) and Ashridge-Hult (UK), the majority
the leaders of tomorrow, but of business schools offering an EMBA
for those who seek to lead. course require five years of professional
experience at the very least in order to be
“Just because you are CEO, don’t think you considered. Indeed, a considerable portion
have landed. You must continually increase of business-focused alma maters require
your learning, the way you think, and the at least eight years of work experience.
way you approach the organisation. I’ve These include prestigious institutions
never forgotten that.” ,the likes of HEC Paris (France), EDHEC
(France), and Kellogg-WHU (Germany).
This quote from PepsiCo’s CEO, 61-year-old
Indra Nooyi, encapsulates the very spirit This distinction is important because it
of the EMBA degree. What it does even exemplifies the right audience for the right
better is highlight the overlapping nature MBA degree. The EMBA is better suited to
of leadership – a blend of maturity and senior employees and executives, whereas “The Executive MBA is
insight, made possible by a willingness the MBA caters to the younger generation
to always question the way problems are of managers. geared towards talented
approached and understood.
“With a few exceptions, all the top schools professionals with high
Seasoned warriors have an Executive MBA, and will often potential for senior
point more ‘seasoned’ (MBA parlance for
Because of its student makeup of older) candidates applying to the full-time leadership who are ready
relatively similar age structure and length programme in the direction of the school’s
of experience, the typical EMBA class EMBA option”, say MBA experts Judith to share their insights with
represents the necessary amalgamation Hodara and Caroline Edward. their peers.”
of like-minded professionals for its
participants to “increase their learning” Therefore, it is wrong to think that Valerie Madon
and challenge “the way they think”. simply meeting the admission criteria
will automatically make the EMBA a
The latest survey by the Executive MBA solid choice, even for more experienced
Council (EMBAC) puts the median age of managers.
EMBA participants at 37.5 years with an
average work experience of 13.7 years. Leaders among frontrunners
That is in contrast to the full-time MBA
where age in top schools around the This level of maturity is just as important
world ranges between 26 and 28, with to EMBA participants as it is to the school
the exception of France’s HEC Paris and itself.
Switzerland’s IMD, where the average age
is 30 or above, according to Poets and On the one hand, business schools strive
Quants. Another important difference for class diversity but, on the other,
is work experience. For example, the admissions officials look for a certain kind
average years of work experience of of homogeneity in the students’ profiles.
students prior to joining the Full-time Crucially, this is done because the added
MBA degree at Stanford’s Class of 2015, value of the EMBA comes from its peer-to-
was four. For Wharton, it was 5.5. peer model, whereby students draw from
each other’s experience. It is almost like a
In fact, most business schools underline game of The Weakest Link. Top business
this difference at the admission stage. schools want to have top students,
A look at the entry requirements of because that drives up the quality.
major schools across the globe reveals Another reason is the understanding
a telling story. Barring a few exceptions that those who choose to go for an EMBA

ACCESS EMBA GUIDE 2017-2018 127

have common career goals. In the MBA on teaching students how to lead in those very top through wisdom, inclusiveness,
class, some wish to advance their career fields, rather than to simply practise, or boldness, and a distinct receptiveness to
and others seek to dive into an entirely even manage them. new ideas. Some would argue that this is
different field of work, whereas in the what leadership is.
EMBA world, it is widely agreed that the This horizontal yet competitive approach
goal is to climb to the highest step of the is key to making the final decision on Crucially, this is how EMBA participants
corporate ladder at the current workplace. whether to enlist in an EMBA programme have come to the current stage of their
or not, because it is as much a benefit as careers. And more importantly, this is
Valerie Madon, Director of the Executive it is a requirement: what the corporate world has grown to
MBA Programme at ESCP Europe sums expect from senior executives.
this notion up in the following way: “The “My classmates come from all over the
Executive MBA is geared towards talented world and from various industries and A tale of perseverance
professionals with at least five years of academic backgrounds. That was a
managerial experience who strive to take pleasant surprise as we are learning a Here is a good example.
their career to the next level. We welcome lot from each other’s experiences on top
those with high potential who are ready of what the faculty teaches”, says Amaka In its early years, many considered
to share their insights with their peers.” Ezike, Kellogg-WHU Class of 2017 alumna. Amazon to be unsustainable due to its
painfully slow growth plan. Investor
The concept of learning from each “The programme focuses a lot on thirst for results in the midst of the dot-
other leads to a streamlined curriculum personal and leadership development, com euphoria clashed with a vision of
with a focus on improving participants’ which allows you to take a step back and a business model that was, at the time,
leadership skills, the underlying perception thoroughly analyse a situation instead of seen as too cautionary. But it was the
being that the vast majority of students automatically completing a task. It makes year when the bubble finally burst that
already possess the hard technical skills. you see the bigger picture.” Amazon registered its first profit.
Aside from the classic business disciplines
found in any MBA programme, such as Once again, this seemingly paradoxical Having survived the collapse in 2001,
Marketing, Finance, Accounting, and cast of diversity and similarity is moulded Amazon went on to become a driving
Strategy, the EMBA puts the emphasis together by the shared goal of reaching the force for the sprawling tech sector in

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 “The programme focuses
a lot on personal and
leadership development,
which allows you to take a
step back and makes you
see the bigger picture.”
Amaka Ezike

the US. However, it was not until 2006 hard work, experience, perspective, and
that Jeff Bezos achieved his true success yes, a bit of luck,” argues leadership pundit
– the year of the official launch of and Forbes contributor Mike Myatt.
Amazon Web Services. After four years
of conceptualisation and development, it “The best leaders have just learned to
became the first cloud computing service make certain transitions that less effective
in the world. Amazon accomplished that leaders curiously remain blind to.”
a full two years and a distant six years
ahead of competitors Microsoft and Myatt breaks down leadership into
Oracle, respectively. several intertwining parts – a clear
purpose; cultural, contextual, and
Not bad for a company that started by emotional awareness; an understanding
selling books online. that complexity is counterproductive to
progress; a focus on empowering the
So what are the personal traits that led people who surround you, and the ability
to this achievement? to get personally invested in both work
and colleagues.
Bezos was 42 years old when Amazon
Web Services launched, and he was at A one-word summary of Myatt’s definition
the helm of his company for 12 years of true leadership would be “mind-set”,
before that. That might seem rather but a more complex analysis would
little compared to the scope of his eventually lead one to the understanding
achievements, or just right, seeing as this that in order to achieve that mind-set,
was more than a decade into Amazon’s the leaders of tomorrow must immerse
history. Regardless, many would contend themselves in the right environment
that business visionaries like him are few where one purpose, many opinions, and
and far between. a desire to accommodate the personal
aspirations of others must be met with
Others, however, would beg to differ. the emotional and professional maturity
of age and experience.
“While the capabilities possessed by the
best leaders might seem otherworldly to That also happens to be the definition
many, they are merely the outcome of of the EMBA classroom. □ A.Z.

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EMBA OVERVIEW

To Bind or Not to Bind

Employer EMBA sponsorship: security vs. mobility

E
xecutives drive and lead for admission at practically every business
change, but to be successful school and it simply means that your
they have to invest in their own employer acknowledges that you will be
growth. Dedicating to Executive spending 20-25 hours a week studying
MBA studies is a common path. rather than at work. The latter takes the
Employers can cater for their key form of financial support and can be partial
managerial talent by allocating or full, depending on whether it covers only
the two most needed resources the tuition fee or all expenses. Business
schools are well aware that negotiating
– time and money. How can you
company sponsorship can be a crucial part
reconcile a tempting, but binding,
of the application process and most have
proposition with your career
dedicated website pages and even special
mobility? guides with tips to help you prepare best.
As EMBA programmes are delivered The website of the EMBA programme
in a part-time format they are a great at the University of Chicago Booth
opportunity for executives to study without School of Business (US) clearly states:
interrupting their successful career. Great “Upon admission to the Executive MBA
as it sounds, this is actually a highly Programme, we require that you submit
demanding option both in terms of time a letter of support from your employer
management and financial resources. An regarding corporate sponsorship. The
EMBA takes between 16 and 24 months, company support letter should state that
during which time you have to balance your employer will allow you to attend all
work, study, and personal commitments. class sessions. It is not a commitment of
financial support. Asking your employer
You have made up your mind about putting for financial sponsorship is up to you—and
the time, energy, and money into pursuing we’re happy to help you do it.”
an Executive MBA (EMBA). Your next decision
is almost as important – how to fund your According to the 2016 Prospective
studies. Scholarships, grants, loans, and Students Survey Report by the Graduate
personal savings are all common sources Management Admission Council (GMAC),
of funding. However, employer support 49% of potential Executive MBA students
is another great alternative that is often expect to receive up-front tuition assistance
highlighted because of its many benefits. or reimbursement from their employer to
But let’s take a closer look so that you can help pay for their education. Other recent
assess the advantages and disadvantages. data – this time from the Executive MBA
Council – shows that almost one quarter
Employer endorsement vs. (23%) of EMBA students receive full
sponsorship financial sponsorship, while 36% receive
partial reimbursement. Therefore, asking
To begin with, a clear distinction exists for a corporate sponsorship is still very
between an employer endorsement and a much a viable option and one you should
sponsorship. The former is a requirement definitely discuss with your employer.

130
Advantages of employer ready to stay another five years with their Flexible funding options
support current employer, and whether they will
have the opportunity to implement their There are many other funding options to
Company sponsorship certainly has many newly acquired knowledge and skills there. consider. You could share the expenses
benefits. The most obvious one is that the If this is not the case, then they should with your employer through matching
money will not be coming out of your own maybe look for a different source of funding funding or percentage splits, or negotiate
pocket, nor will you need to take out a large for their EMBA studies.” a special reimbursement agreement
loan – resulting in less of a financial burden where you first prove that you can meet
on you and your family. Having to deal with While there is a possibility of finding a some particular conditions and only then
financial institutions and repay loans does better employer who would be willing does your employer cover the costs of
not qualify as an enjoyable experience in to repay what you owe to your current your EMBA. You could also take some
anyone’s book. Another big advantage is boss, changing jobs immediately after you holiday or even unpaid leave to attend
job security – there will be no need for finish your studies would be considered classes. Some students even go so far as
you to go job hunting after you finish your unethical. However, Sylvia Haas, EMBA to use crowdfunding platforms such as
studies as you would if you enrol in a full- Executive Director of Admissions, UCLA Hubbub, GoFundMe, and Indiegogo to
time MBA programme that requires you Anderson School of Management, secure financing.
to leave your job for the period of your explains that managers expect employees
studies. Even better, with all your newly participating in an EMBA programme to However, before resorting to any of these,
acquired knowledge you will likely be able attract the attention of other companies. you should check whether you are eligible
to negotiate a substantial salary increase.
She believes that even so the EMBA is a to apply for a grant or a scholarship. For
In addition, you will become more valuable win-win option, and shared in 2016 in an example, 31% of the Global EMBA 2017
to your company not only in the long term, Access MBA podcast: “We have a good class at INSEAD (France) are funded by
but also immediately. If your employer is number of people being headhunted by a scholarship. Yana Dimitrova, currently
prepared to make such a considerable [other] companies [during their EMBA studying at LBS EMBA with partial
financial investment in you, they must view studies – ed.], because the expectation corporate sponsorship, advises: “Start
you as a valuable asset to the company of everyone is that this person will be your research early enough – around
and will be expecting you to promptly developing increasing levels of managing 9-12 months before the beginning of the
inject some fresh global thinking into the responsibility at a much higher level. So programme – in order to be able to apply
organisation. “The [EMBA] programme I can’t remember a single time when for different funding options.”
is designed for the company to reap someone said ‘It [the EMBA] didn’t benefit
immediate benefits,” says Dariu Dumitru, my employer’, even though in a few cases There will always be advantages and
IMD Executive MBA programme partner. it might refer to a new employer.” disadvantages to any funding arrangement.
This immediate return on investment for Check with your HR department and
your employer should be a key element in If you are self-funding your EMBA, you immediate supervisors as to whether your
your negotiation for sponsorship. will be free to take advantage of all the company has a policy regarding corporate
new opportunities that you are bound to sponsorship, and compile some strong
One final point concerning the advantages encounter when networking with fellow arguments for how an EMBA programme
of corporate sponsorship is that in certain students. Also, in many B-schools, for will benefit your role in the company. A top
countries such as Canada, Germany, and example the London Business School, self- tip would be that if you are less than happy
France, the cost to your employer could funded students can benefit from a more with your current company or industry, it
actually be lower. This is because a large relaxed fee payment structure – they may might be better not to ask for sponsorship.
part of the tuition fee is tax deductible. be eligible to pay in five equal instalments, On the other hand, if you are more than
compared to the two allowed to company- happy, it would be a mistake to overlook
Disadvantages of company sponsored students. this possibility. □ V.M.
sponsorship
What about the flip side of the coin? Probably
the greatest disadvantage to asking your
employer to support your studies is that,
in order to secure the sponsorship, you will
most likely have to agree to some binding
terms and conditions. These could include,
for example, a clause that states you will
have to stay with your current company
for two or even five years. This means less
flexibility in your career opportunities.
Yana Dimitrova, currently studying in the
London Business School (UK) Executive
MBA programme, highlights: “MBA studies
provide many new opportunities for career
development, so EMBA applicants should
consider in advance whether they are

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E M B A F O R M AT

The Goddess of Time,

Creation, and Power
How executive women balance challenges

B
eing a woman is a great highs and be a role model for their special considerations: How shall I balance
thing. Being successful as a children and other women. work, children, and schools? Will studying
mother and wife is better, force me to delay becoming a mother?
but being a mother, a wife, and a Proceeding with an EMBA is a logical How will studying affect my personal and
successful professional is a dream- choice for a great number of women who professional life? How to survive an EMBA,
come-true for many. So, does this have attained some level of corporate and how to make the most of it alongside
remind you of the Hindu goddess success. They are usually in their mid-30s trying to keep my personal life happy and
of time, creation, and power – Kali, or even 40s; they already have a family my career successful?
depicted with 10 arms – or just the or are considering starting one; they are
modern multitasking executive successful at their work. But they need “Women may face different kinds of
woman? to move up, targeting a more prestigious challenges in getting support at home
and fulfilling career or a C-level post, or and work. It requires women to have
Many women feel unfulfilled as simply develop their own business venture. a strong voice for their goals. Clearly,
mothers and wives; they strive for they need to have a strong voice to have
professional success and a career. Their Deciding to apply to an EMBA programme achieved enough to be qualified for the
ambition is not only to live a harmonious is a big decision for everyone, but when it programme, but seeking out and holding
personal life but to reach professional concerns a woman there are often some onto support from bosses, colleagues and

132
– to a lesser extent – significant others
can test a woman’s resolve and fortitude.
Going through the process will reinforce or
strengthen this character trait,” says vice
dean Peggy Bishop Lane of Wharton School
of the University of Pennsylvania (US).

Studying in an EMBA programme is

always challenging. EMBA aspirants
have many responsibilities due to their
work commitments: they have to take
care of their teams and manage multiple
tasks, and they have less time to travel.
Some EMBA participants have even
more considerations due to their family
obligations and taking care of their
children.

The good news is that the EMBA format

is specifically designed to help. EMBA
programmes are flexible and designed
to work around the schedules of their
attendees, as they allow them to
keep working while studying. EMBA
programmes typically last 1.5-3 years
and they are organised in part-time,
modular, or blended formats. They allow
attendees to reduce absence from work
to a minimum and study certain hours
at home. Albeit more relaxed schedule-
wise, EMBA programmes can be quite
rigorous too and require great dedication
and long hours of studying. Still, they make
an excellent choice for working mothers
especially, with weekend-based schedules
and a great deal of flexibility, including
online and distance classes.

“The format of the course at NEOMA

is three days per month for 18 months,
including Saturdays. So when you look at
it on paper it looks perfectly manageable
and both the employer and the student
would tend to believe that the question
of pressure or time management probably
should not be asked. But of course, there
is about 20 hours of, let’s say, assignment,
homework or study per week that is
expected during the time they are not
on campus and actually the experience
is really intense,” says Leila Murat, MBA
Director at NEOMA Business School
(France).

Schools in support of
female candidates

As the average age of women in an EMBA

class is mid-30s, which in many cases is
the age when women consider starting a

ACCESS EMBA GUIDE 2017-2018 133

 have introduced special scholarships and
fellowships. For example, the Oxford Saїd
Business School (UK) cooperates with the
30% Club, an orgwanisation that works
persistently to advance the representation
of women in senior roles in business. The
aim of the scholarship, worth GBP 32,000,
is to support female candidates of merit
and to encourage an increase in women
considering senior leadership roles. The
scholarship is awarded to an outstanding
female candidate based on their breadth
and depth of work experience as well as
past academic or professional performance.

“Tackling the lack of female talent

progressing to senior levels in industry
is something that needs a continuum of
efforts – and not just within companies
but at all levels of education. Having such
a prestigious business school tackle this
head-on is key to long-term change being
achieved,” says Helena Morrissey CBE,
CEO of Newton Investment Management
and founder of the 30% Club.

A large amount of research shows that

women excel in precisely the traits
necessary to address the challenges
currently facing many large organisations –
providing key inputs to enhance corporate
performance.
“In a nutshell – it’s about family with babies on board, many schools
have special policies to support them. “Skills such as corporate diplomacy and
setting expectations As many babies are born during EMBA greater competency around global risk are
programmes, schools such as Wharton, ever more important. All the more reason
before the programme for example, organise accommodation why women - and their organisations -
with all parties involved for nursing mothers and visiting families should be considering how an MBA can
as well as special social events on and off boost their performance and accelerate
and throughout the campus. At Wharton, 15 to 20 babies are their careers,” says Kathy Harvey, Associate
born during the two years of an EMBA Dean, MBA and Executive Degrees at
programme planning programme and usually it is the student Oxford Saïd Business School. “Many of our
properly, setting who is giving birth. female alumni have achieved great things
as senior executives in large corporations
priorities and trying to “It’s definitely important to have a support or as entrepreneurs leading their own
system in place. This is true for everyone, companies. But the continuing low
increase efficiency.” male or female, parent or not. But if there numbers of women in leadership positions
Petra Joerg are children involved, you need to work globally indicates that companies and
out the care via your partner, other family, individuals have still not found a way to
professional nanny, or whatever works for utilise the skills and insights which women
you. Often, this is the most challenging can offer,” adds Ms Harvey.
logistical consideration. However,
especially when organised in advance, The B-school also has a fellowship
it can be a great long-term solution for programme, worth GBP 15,000 towards
life after the degree as well as during the programme fees for female candidates, in
programme,” Ms Lane of Wharton adds. cooperation with the Forté Foundation,
The average proportion of female students a non-profit consortium of major
in EMBA classes is between 20% and 30%, corporations and top business schools
still below the parity to which schools working together to launch women into
aspire and far below the rate of women in fulfilling, significant careers through access
MBA classes. In an effort to attract more to business education, opportunities, and
female class members, many schools a community of successful women.

134
Finding the balance programme planning properly, setting Europe joint programme of the London
priorities, and trying to increase efficiency,” Business School (UK) and Columbia
Ms Joerg says. University (US).
According to Petra Joerg, CEO of Rochester-
Bern Executive Programs, EMBA attendees
have to think carefully about how they A success story “The programme has impacted my life at
want to manage their studies. This includes every conceivable level – from professional
talking to all parties involved – employer, “The programme is about discovering ambition, goals, and capabilities to
colleagues, and families – in order to your own professional identity and getting personal lifestyle, relationships, and travel.
secure their support. Proper time planning involved in experiences you just won’t find There is no doubt that the programme is
is a must, as well. Participants in the anywhere else.[…] From the outset the a challenge, but one of the upsides is that
programme need to focus on more than programme gave me a thorough grounding it really forces you to prioritise. You are
their studies, according to Ms Joerg. They in a range of complementary business skills. so pushed and stretched that you have
need to maintain their normal private and Crucially, I was able to focus a lot of my to make choices about what is the most
professional lives, including doing sport, learning around entrepreneurship and also important way to spend each minute of
spending time with children, family and learned how capital could be structured the day,” she adds.
friends, carrying out any community duties, to form a business. In essence though,
setting priorities in their full-time jobs and it wasn’t about better balance sheets or After graduation, Ms Debevoise became
delegating responsibilities to their team a single marketing document but about a founder and CEO of New York-based
members, etc. understanding how to integrate everything company Inspiring Capital that uses
we studied – from organisational design, to practical experience, insightful analysis,
“In a nutshell – it’s about setting strategy, to corporate and entrepreneurial and diverse theoretical perspectives to help
expectations before the programme with finance,” says Nell Derick Debevoise, Class develop, fund, and launch socially minded
all parties involved and throughout the of 2012 of the EMBA-Global Americas & ventures. □ I.D-S.

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 E M B A F O R M AT
C-Suite Style
Learning
The diversity of Executive MBA formats
S
enior-level corporate executives Shanghai, Hertfordshire, and New York City,
who are committed to reaching to complete core studies and then spend
a C-level position or launching the rest of the year specialising at up to two
a brand new business venture, as other locations. In addition, participants can
you are, cannot afford the luxury to continue their studies even if they relocate
put on hold a successful career and to a different part of the world by simply
commit to full-time MBA studies. transferring to a new home campus without
Business schools cater to your needs interrupting their studies.
by Executive MBA programmes with
diverse delivery formats you can Modular EMBA
choose from.
Modular programmes are organised in
The EMBA is designed to provide the rigours of modules of classes on campus. These modules
an MBA to managers of higher responsibility usually last from four to six days at a time
and to accommodate their professional and are spread over two years or less, with
schedule, so it is delivered in a variety of part- residential sessions taking place every one
time formats. EMBA programmes are most or two months.
commonly delivered in a weekend, modular,
blended or global format. This diversity To get a feel of the modular format, you
enables professionals to choose what suits can take a closer look at the Global EMBA
them best. “Every candidate has their own programme of the London Business School
priorities and objectives and, therefore, it is (UK). LBS offers two options – EMBA-Global
very individual. Some programmes require Americas & Europe, delivered in partnership
many trips to different parts of the world, with Columbia Business School (US), or EMBA-
Global programmes incur
and others less so. Therefore, the logistics, Global Asia, provided in partnership with the additional time and
related costs, and right effort distribution the University of Hong Kong and Columbia
must be considered well beforehand,” advises Business School. The programme is 20 months costs of international travel,
Dimitar Dilov, an EMBA from the Cambridge long, but certain elective choices may enable
Judge Business School (UK) and a CRO at completion in 16 months. Participants join
but immerse participants in
Raiffeisenbank. modules of four- or five-day residential weeks different environments.
in London, New York, Hong Kong or Shanghai.
Weekend EMBA It also provides for one or two international
assignments in Argentina, Chile, China, Dubai,
The weekend EMBA is a good option for Germany, Greece, South Africa or the Russian
those with easy access to the business school Federation. The modules have an intensive
campus and who value regular face-to-face timetable with full days of lectures, group
interaction with their peers and faculty. This work, and assignments during study blocks.
format also minimises the time you spend
away from work and home. “Because time This format is a good option for professionals
is your most valuable asset, our intense who prefer to have intensive focused studies
curriculum allows you to complete your part- with less frequent time away from work and
time degree over long weekends and the home, and more time to implement newly
summer to maximise the use of your time. gained knowledge and skills in their everyday
This means less disruption of work and fewer management practice.
vacation days used for your education,” says
HULT International Business School (US). Blended EMBA
HULT EMBA participants can complete the Face-to-face study periods combined with
programme in 18 months with 14 trips intensive online learning and interaction are
to campus and miss only 21 workdays. typical for the blended format. The use of
Students usually travel to several of the an innovative e-learning methodology that
school’s campuses as they can study at up to incorporates web-based applications into
three home campuses each year, choosing their curricula is typical for the EMBA blended
among San Francisco, Boston, London, Dubai, programme. Podcasts, mobile connectivity,

ACCESS EMBA GUIDE 2017-2018 137

 teleconferencing, and academic social media Global EMBA
networks ease the learning process. Students,
faculty, and administrators interact through Many of the examples listed above highlighted
dedicated private networks. global multi-campus Executive MBA
programmes. This type of programmes can
“Contemporary distance-learning business also be a hub to target the region of your
education demands the integration of choice. The IESE Global Executive MBA is a
information technology, a proper online one-class, two-track programme for you to
portal, synchronous and asynchronous support choose to begin your studies with an emphasis
(academic) and other features that are only on Europe or the Americas. As you progress
through the programme, the two tracks fully
available thanks to the advances of technology.
integrate. In addition, “Barcelona, New York
A very important feature missing from many
City, Silicon Valley, Sao Paulo, and Shanghai:
of today’s distance learning programmes is
each site has been deliberately chosen for its
proper administrative support,” highlights
strategic purpose in advancing your learning.
Refaat Kazoun about the EMBA programme As a result, your learning experiences in each
of the University of Northampton (UK). He module - company visits, meetings with
explains that online education can make some executives, special projects, cultural activities,
participants feel distanced and lonely, but the and get-togethers with local citizens - correlate
blended learning format provides the best of with the setting.”
both worlds. It enables participants to study
from a convenient location and to be well Global programmes incur the additional time
connected with peers and professors, and all and costs of international travel, but immerse
of that can come at a very competitive cost. participants in different environments. Thus,
you can also learn from the way your culturally
“The technology we use Making the most of modern learning diverse peers perceive new cultures and
methods through technology is the business environments.
allows us to replicate 15-month IE Brown Executive MBA joint
online the methodologies programme of IE Business School (Spain) Employer endorsement
and Brown University (US). Classes are
of on-site classes and to delivered through a series of online learning Business schools require EMBA participants to
tools. Interactive asynchronous forums and have their employers’ support for participation
enjoy the same experience participative faculty-led videoconferences in the programme because of time and
as you would in an allow participants to hone their skills commitment management. Through securing
and gain specialised knowledge without employer endorsement, business schools
on-site class.” limitations while anywhere in the world. ensure that EMBA students will have the
capacity to commit the time, attention, and
IE Business School Programme attendees have two options energy needed for their successful studies and
to choose from. The first one is held be able to balance their work responsibilities.
predominantly online and includes three
mandatory one-week periods in Madrid. Mr Dilov also pre-agreed his 20-month EMBA
The rest of the programme is given via study at Cambridge Judge with his employer.
interactive online classes and includes an “Based on the programme schedule, I had to
optional international week. The second be in Cambridge once per month for three
option includes face-to-face weekends days for lectures and exams, which was usually
every six weeks in Madrid combined with Friday to Sunday and it was a perfect schedule
online periods and an optional international for me to cope with work, study, and personal
week. life.”

“The technology we use allows us to replicate Indeed, choosing the most convenient format
the methodologies of on-site classes and to of the EMBA requires serious consideration of
enjoy the same experience as you would in multiple factors, such as school prestige and
an on-site class. The programme includes reputation, time and cost for travel, proximity
two live videoconferences per month on and time difference, time for home study,
Saturday, from 16:00 to 19:30 local time time on campus, networking activities on
Madrid. Then, from Monday to Thursday, campus, and international trips for global
the programme continues through the EMBA programmes and the time and finances
discussion forums, and you decide when associated with them. In the dynamic life of a
to make your contributions to the discussion, senior executive, the suitable format can make
at a time that suits you best, as the Online all the difference for a worthwhile experience.
Campus runs actively 24/7,” IE explains. □ I.D-S.

138
 E M B A f o rmat
Executive Learning
For business leaders and visionaries
who never stop learning

D
iscover the world of current senior managers to a higher level
executive education where of performance. This format is a win-win
programmes can be quite option because new knowledge and skills
diverse in terms of delivery can be applied immediately.
and cater to the needs of
individuals and companies. What “The Executive MBA programme was
is the added value of Executive developed to meet the needs of senior
MBA programmes, executive managers and executives, allowing
open-enrolment courses, and participants to obtain an MBA degree
customised corporate learning whilst continuing to work full time. It is
programmes, and where do you designed for managers with significant
belong? work experience, enabling students to learn
from one another (peer learning) as well as
Leading international business schools from the teaching faculty. Executive MBA
provide a wide range of programmes for programmes typically place an emphasis
aspiring executives. However, they also help on leadership and strategy, thus preparing
innovative companies to gain a competitive students to take on senior level general
advantage by training their key employees management positions or perhaps to
to be inspiring agents of transformation. run their own businesses. One of the key
Thus, academia creates managerial and benefits of Executive MBA and Global
business leadership talent for companies, Executive MBA programmes is access to
on the one hand, and it equips corporate an unrivalled alumni network. Classmates
HR and Learning & Development decision from around the world become a lifelong
makers with an array of avenues to develop trusted network of advisors, investors,
their corporate talent on the other hand. business partners, employers, and friends,”
highlights The Premier Executive MBA Tour
Degree programmes for – a series of events that showcase the top
executive careers 30 Executive MBAs and the best Global
Executive MBA programmes worldwide.
Traditionally, business schools train
professionals, managers, and business Executive education
leaders in degree programmes such as programmes
Master of Science (MSc), Master of Business
Administration (MBA), or Executive MBA Executive education programmes are non-
(EMBA). Companies usually recruit new degree training opportunities that provide
employees among the graduates of MSc professionals with new skills and knowledge
and MBA degree programmes. in specific functional areas or industries.
Programmes can be focused on General
The real bridge between individual Management, Top Management, Human
development aspirations and corporate Resources, Corporate Finance, Finance,
needs are the EMBA degree programmes. Marketing and Sales, Strategy, Operations
They are a way for companies to take their Management, Entrepreneurship, Family-

ACCESS EMBA GUIDE 2017-2018 139

owned Business, Leadership, Digital personal and professional growth. Through businesses – can benefit from the diverse
Transformation, or Innovation. Industry- discussion with faculty and peers, projects, corporate learning options in addition to
specific training is available in Healthcare, simulations and workshops, personalised supporting their employees in Executive
Media and Entertainment, Information action plans for change, and deep MBA degree programmes or recruiting
Systems, Travel and Tourism, Aviation, reflection on your leadership competencies business school graduates to reinforce the
etc. Executive education programmes can you will develop the frameworks and the leadership and expertise of their teams.
be quite diverse in terms of delivery and decision-making capabilities to drive the
focused on the needs of either individuals competitive edge.” Business schools can respond to the
or companies. training and innovation needs of
Vitek Agrawal, CEO of Star Cement Co, UAE companies by designing fully customised
Even if it may have stayed out of your and IESE GCP ‘12 participant, describes programmes. Companies’ HR and
sight so far, executive education is quite the value of an executive course: “You Learning & Development teams usually
a dynamic area of business education have 50 chief executives in one place at work together with the business school’s
and professional development. In 2017, the same time from different cultures and faculty and training managers to co-design
the Financial Times published the 19th industries all facing the same challenges. a programme that matches the specific
edition of its Executive Education Ranking, You have access to so many ideas and needs and culture of the company. The
illustrating that executive education is perspectives – things you would never implementation of these programmes can
a growing service sector. “The 2017 FT have thought about.” span several months or years, depending
Executive Education rankings include the on the objectives and the methodology.
best 85 customised programmes and the Executive learning through networking
best 75 open-enrolment programmes Brief online or face-to-face options also Corporate learning is usually delivered in
worldwide. The rankings are based exist for learning through sharing, exchange a flexible format with training sessions
principally on measures of participants’ of ideas, and networking. Business in house, on campus, or in customised
and clients’ satisfaction, as well as schools organise intensive several-day locations. Programmes can be curated in
the schools’ growth in revenue, their workshops for professionals to access terms of content, participants, teaching
international reach, and faculty diversity.” the very latest real-world experience and methods, and culture. The selection of
cutting-edge research in management the participants is the responsibility of
New professional learning and networking thinking, leadership, or industry-specific the company, but the business school
opportunities also speak about the topics. Opportunities exist to exchange can assist them.
growing importance of this field. The first best practices with global peers in C-suite
annual MERIT Summit, held in January executive roundtable discussions featuring Customised learning programmes
2017 in Barcelona, was “the one-of-a- keynote speakers who are experts in their are highly effective in addressing the
kind forum in which HR and business fields. Such options empower companies’ challenges in companies raised by
school directors meet, learn how to build leaders with a drive for innovation and their transformational and innovative
tomorrow’s workforce, share ideas, and a support network of peers. “Whether development strategies. “Our mission is
foster partnerships.” The 2018 edition it is through Discovery Events or online to support the individual and collective
will host 250 speakers, exhibitors and learning, participants are by and large very transformation of our participants and
delegates of over 20 nationalities. excited about what they have experienced corporate clients in their strategic change
and will come back for more,” shares Paddy and development projects,” says Nathalie
So what does executive education have Coyne, VP Talent and Development, Royal Lugagne, HEC Associate Dean in charge
to offer? Dutch Shell about the experience with of Executive Education.
IMD Executive Education (Switzerland).
Open enrolment and certificate Executive education adds value to both
programmes Customised corporate learning individual career development and
These training options are usually shorter programmes corporate growth. It provides inspiring
than degree programmes. Participants Companies have their specific learning and opportunities for managers, business
may receive a certificate of completion development needs and cultures to which leaders and visionaries who never stop
or a certificate of attendance. They have business schools cater. Companies of any learning and always strive to make a
a pre-defined curriculum and training size and industry – from multinational difference. You sure are one of them.
methodology, and can be delivered on- corporations to SMEs and family-owned □ I.B.
campus or in a blended format combined
with online study, self-study, or work
on individual or team projects. The
programmes are open to individuals with
or without a company endorsement, but
can be adapted to the needs of corporate
clients.

IESE Business School (Spain), top ranked

in executive education, highlights: “Our
programmes for C-suite executives are
learning journeys that will accelerate your

140
 Building the Future
of Corporate Learning

LISBON, JANUARY 2018

Where Corporate and Higher
Education Leaders Meet

• 150 Heads of HR from global companies

• 100 Heads of Executive Education
• Workshops, Panels, Case Studies, 121 Sessions

www.meritsummit.com
EMBA CAREERS

Pragmatic Reciprocity
Career paths for EMBA participants are
becoming more diverse

E
xecutive MBA (EMBA) studies
may indeed gain you a C-level
promotion at your current
company, but there is now more
than one way forward for senior
executives. Lifelong careers with
the same employer are slowly
fading into history as talented
managers become more selective
in their career paths. EMBA
participants are also more open
to committing to new business
ventures beyond the corporate
world.

Is it not ironic how, as we grow up, we

tend to complain about school and then the Hanging Gardens of Babylon – students acquire Bachelor’s degrees, which
university being so hard and exhausting, a seemingly complex structure, but with grant them technical skills. Upon entering
only to find ourselves swamped with tasks a clear progression curve. In school, that the workforce, they start to climb the tiers,
and deadlines as we spend the better system is pretty straightforward. One year holding trainee, assistant, and specialist
part of our lives grinding a career path, you are in tier one, the next you are in tier positions before becoming eligible for
which often seems endless? And yet, if two. Careers follow the same logic, but management roles. The cleavage between
we apply the same logic to education as not necessarily the same pattern. Things technical expertise and management is
we do to work, and vice-versa, we will such as competition, fiscal conjuncture addressed by the MBA degree, whereas
find that the rules are very much the or a sudden shift in technology can either the gap between management and C-level
same. So, it is common that those who catapult or hinder your growth. is taken care of by the EMBA.
want to progress in business leadership
will exchange their corporate lifestyle for It is a common misbelief that the most “If your goal is to switch careers, not just
an equally demanding MBA study routine, successful executives or the most lauded advance in your current career, you might
or even add this to it. entrepreneurs are somehow able to predict be better off in a full-time MBA programme
the variables. In fact, they quite simply rather than an EMBA programme. But if
The disruptive blend of understand when the time is right to move you’ve got several years of experience and
education and career to the next tier. This is where education and want to move your career to the next level,
growth career growth blend together to disrupt an EMBA programme is a better choice,” says
the professional plateau and unfold the full MBA expert Elena Bajic in a piece for Forbes.
Much like the intricate structure of a large potential of those who strive to go further.
company, education is held together by New frontiers to business
order – an order by which things are done so The MBA and EMBA degrees offer a leadership
that we may move from one level to the next. mechanism for moving up the ladder
In both education and work, we progress when the situation allows it. The distinction EMBA participants are seasoned
through a system of tiers resembling between the two is clear-cut. University professionals with a successful career,

142
and an advanced skill set and personal EMBA programmes are a mutually beneficial to school for free, but they now have a
management style. Why do they come investment. It is common for employers to wider palette of choices.
to business school? What do they hope support some of their most talented or
to achieve, having already climbed so loyal employees in their endeavours to This synergises well with the
high? “EMBA participants are managing move up the leadership ladder, thereby increasing emphasis on leadership and
teams of hundreds, sometimes thousands fuelling their own companies’ success. entrepreneurship in both MBA and EMBA
of people,” says Dariu Dumitru, EMBA programmes. Business education website
Recruiting & Admissions Director at IMD My way or the highway Poets and Quants cites studies by the FT
Business School (Switzerland), “But there going back as far as 2013 that have shown
comes a time in one’s career where you However according to recent figures by a growing trend in entrepreneurial spirit
hit a ceiling, and you want to make a the Executive MBA Council, full tuition at business schools across the world.
change, to deepen your career. Typically reimbursement for employees wanting to Compared to previous years, there
the initiative comes from the individual’s get into an EMBA programme has seen a were cases in which the number of MBA
own ambition.” slight decline of 4% over the years – from students starting their own business after
27.3% of students benefiting from full graduation doubled (Stanford) or rose
According to Mr Dumitru, managers who financial support in 2011 to 23.2% in 2016. by 13 times (IESE). “Once the degree of
enter an EMBA programme want to invest the corporate world, with participants
in their future, and often that future is Adam Jones, Work and Careers editor at sponsored by their company, the EMBA
linked to an existing workplace. “You’re the Financial Times (FT), sees this as a was often seen as a stepping stone to the
looking to build your confidence and your trend that has to do with “lifelong careers board. No longer: it is now the domain
competence; you’re looking to build your with the same employer slowly fading into of the aspiring healthcare professional,
networks for both career and company history.” In a comprehensive article on the government official or military officer who
success - not necessarily because you want topic, Jones explains that it is not so much wants to change career or build their own
to change your industry or your career, but that employers have become uncharitable, business,” claims Della Bradshaw in the
usually to move up in terms of a higher but that employees have become more Financial Times.
general management position or more selective of their career paths, often
senior leadership position,” he explains. refusing to take a sponsorship offer in “This is a massive, massive shift,” says
order to safeguard their career flexibility. Marie Courtois, who at that time was
A win-win scenario This has resulted in an increasing number Head of Career Development for Working
of cases whereby EMBA students share Professionals at INSEAD (France), for the
There is a symbiotic relationship between the cost with their employer, effectively Financial Times. “We see an information
employer and student in the EMBA world. reducing the payoff in time spent at the technology director or people with 15
EMBA programmes are part-time and fast- sponsor company that comes along with years in the telecoms industry who want
tracked for a reason – such high-profile full-tuition coverage. to move into consulting. Executives are
employees cannot afford to interrupt a using the EMBA to change their location,
successful career, and employers expect As much as this seems like bad news to their function, and even their industry,”
to see almost immediate results. aspiring EMBA students who are struggling she adds.
to pay the bills for a mid-career degree,
“With a full-time MBA it’s possible you the decline in corporate sponsorship might With the viability of lifelong careers now
could forget something,” says David Turi, actually turn out to be a good thing. At the in question, perhaps directors should take
Imperial College London EMBA graduate. very least, it signals a new era of employer- a note from the managers’ books and dive
“But if you are working at the same time employee relationship that confers more into the unknown. Now more than ever,
[as studying in an EMBA programme – freedom on the latter. That is not to say those aspiring to senior management and
ed.], you have the possibility to apply that the door is closed for the most loyal business leadership have the freedom to
the things that you are studying the day managers on the board, as one in every choose, and to challenge the order of
after. I saw – month by month – that I was four EMBA participants still gets to go back things. □ A.Z.
improving a lot […] in my performance
in presentations, in my ability to analyse
situations, and to apply financial knowledge
to my proposals, and I had great feedback
from my boss and colleagues.”

“While the course load of an EMBA is

rigorous, it is designed to meet the needs
of a working professional,” says Dan Scalco,
digital entrepreneur, in a column in The
Huffington Post, adding that most EMBA
programmes offer classes in the evenings
and at weekends in order to accommodate
the work arrangements of executives.
This type of flexibility is crucial to both
employer and employee.

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EMBA CAREERS

Impactful
Transformation
EMBA career paths

T
he Executive MBA empowered weakness in credit supply as banks are
Dr Tim Thabe to transform increasingly retrenching from lending
his corporate career in to small and medium sized enterprises
international banking into a (SMEs) that harms the development
successful fintech start-up for SME of these important businesses and
peer-to-peer lending. has a negative impact on the overall
economy.” Tim and his former university
Dr Tim Thabe has 15 years of peers had careers that spanned various
experience in the banking industry positions within the financial services
on an international level. Before co- sector, and that resulted in profound
founding Creditshelf, he served as market and sector insights. In 2014,
COO of the international corporate they decided to execute their vision to
and institutional clients business of find a better way to lend to SMEs and
UBS based in Zurich. Previously, he had founded Creditshelf.
worked as a Credit Officer and Rating
Adviser for Goldman Sachs based in Tim Thabe
London. Tim holds a PhD in Finance EMBA Class of 2014
and is a Diplom-Kaufmann (holder
of the traditional German degree in Programme: Kellogg-WHU
business administration) from the Executive MBA “We spotted a structural
University of Mannheim (Germany). Business school: WHU – Otto
He also graduated with a Kellogg- Beisheim School of Management weakness in credit
WHU Executive MBA from WHU – (Germany)
Otto Beisheim School of Management Programme duration: 2 years supply as banks are
Overall professional experience
(Germany) and is a CFA Charterholder.
at the time of EMBA application: increasingly retrenching
12 years
Tim joined the EMBA programme Managerial experience at the from lending to small and
following his desire for personal time of EMBA application: 5 years
development. During his studies, Academic background: Diplom
medium sized enterprises
he was promoted to UBS Head of
Risk Control Structured Business for
Kaufmann, PhD in Finance, CFA
Motivation to pursue EMBA:
(SMEs) that harms the
Financial Institutions and to COO for personal development
Position and employer at the
development of these
UBS Bank for Banks. However, his EMBA
experience inspired him to commit to start of the EMBA: Team leader important businesses and
executing a new business venture in at UBS AG
the financial services sector.
Current position and employer: has a negative impact on
Co-founder and CEO of Creditshelf
Together with Dr Daniel Bartsch
GmbH the overall economy.”
Progression during the EMBA: 2
and Christoph Maichel, whom he promotions/job changes within UBS Tim Thabe
has known since their student days Progression after the EMBA:
at University of Mannheim in the founded own company
1990s Dr Thabe “spotted a structural
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A
cademia took Wasim Khan, Mr Khan. “I had a real thirst for learning
and Warwick was right up there in
MBE to the next level of
terms of its recognition as an institute.”
breaking stereotypes. He
In January 2015, he got an EMBA from
made a difference in professional
the University of Warwick. During his
cricket in England, successfully
studies, in October 2014, he became
transitioning from sport into the Chief Executive of Leicestershire
business. Cricket Club where he saw a real
chance to make a difference. The EMBA
Wasim Khan became the first British- gave him the confidence to go for the
born Pakistani to play professional CEO position at Leicestershire, despite
cricket in England and was first-class the county suffering four consecutive
cricketer for Warwickshire, Sussex, and annual losses. Within a year, he had
Derbyshire - winning the double in 1995 turned three years of cumulative losses
with Warwickshire. In 2005, Mr Khan of GBP 550,000, prior to this arrival,
was contacted by Lord Mervyn King, Wasim Khan into three years of net profit in 2015,
at that time the Governor of the Bank EMBA Class of 2015 2016, and 2017. “By 2019, our aim is to
of England, to plan and implement be the leading non-international cricket
Chance to Shine - a GBP 50 million Business school: Warwick club in the country, and in division one.”
charitable campaign that aimed to Business School (UK)
regenerate competitive cricket in state Programme duration:
schools - as Operations Director, before 3 years (currently 2)
becoming Chief Executive in 2009. Overall professional experience
at the time of EMBA application:
By any measure, the campaign was a 23 years
huge success. It raised GBP 55 million
and reached 2.5 million children, one
Managerial experience at the
time of EMBA application:
“Because I had no formal
million of them girls. Mr Khan believes 9 years
Professional background:
education, I felt it would
the campaign has left a lasting legacy,
especially in the rise of women’s Former professional cricketer
Motivation to pursue an EMBA:
support me down the
cricket. The campaign’s impact saw him
awarded an MBE, a British honour given
to develop leadership skills and
broader business acumen
line. I felt I was ready for
by the Queen, in 2013 for services to
cricket and the community and invited
Position and employer
at the start of the EMBA:
academia. I had a real
to a private lunch with the Queen and Chief Executive of the Cricket
Foundation (2009-2014)
thirst for learning.”
Prince Phillip.
Position and employer after
EMBA: Chief Executive of
Wasim Khan
“Because I had no formal education, I
felt it would support me down the line. Leicestershire County Cricket Club
I felt I was ready for academia,” says (2014-present)

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 E M B A A D M I S S I ON
The Virtues of Youth
and Maturity
Too old for an MBA, too young for an EMBA
I
n your quest for professional specific domain, and are now looking to
growth, you may occasionally broaden their perspectives, learn more
happen to be at the MBA-EMBA about general management and make
intersection and find yourself some change in their professional direction,
seemingly either too old or too whether the role, industry, work country
young for the programmes. What or all three of these aspects.” In contrast,
should you take into account INSEAD’s Executive MBA programme puts
before making a choice and more emphasis on individual leadership
building an application strategy? development. “This is because the Executive
MBA is tailor-made for participants who are
Neither youth nor maturity is a sin or a at a more advanced stage of their career
virtue when it comes to admission to an as compared to MBA students. At INSEAD,
MBA or an Executive MBA. In any case, Executive MBA participants have at least
either the MBA or the EMBA will satisfy three years of managerial experience with
your urge for improving your managerial a total of 13 years of work experience on
skill set and career growth. What matters average, with the average age being 37.” “The Executive MBA
is where you see the highest value for your
career project and the best fit of learning IE (Spain) requires its Global EMBA is tailor-made for
environment. This will help you prepare candidates to have at least 10 years of participants who are at a
your pitch to the admissions committee work experience and at least five years
for the programme where you feel you of managerial experience. The average more advanced stage of
truly belong. age is 39. The EMBA programme of IMD
(Switzerland) is designed for individuals their career as compared
Put yourself in the picture aged 35 and up with at least 10 years to MBA students.”
of professional experience, “strong
The first step to deciding which management experience,” consistent INSEAD
programme is right for you is to be career progression, and leadership
aware of the participants’ profile each potential. The average age of students in
of these programmes is targeting. the 2017 IMD EMBA class is 40 with 16
EMBA programmes are geared towards years of average professional experience.
professionals with significant work
experience – somewhere between 10 The answer to the question of why EMBA
and 15 years on average, 5 years being and MBA programmes have different
the required minimum. Management requirements for work experience, which
experience is often required for EMBA consequently affect the age range of the
application, and will definitely be viewed as class, lies in the underlying goals of the
an advantage for MBA candidates, although programmes. The full-time MBA is designed
in this case it is not a must, and the overall to help participants switch careers or
professional experience is expected to be boost their progression to a managerial
a minimum of 2-3 years. position, while the EMBA is focused
on senior management and business
At INSEAD (France), for instance, the leadership. Not many older students apply
average age in the MBA class is 29 (ranging because it does not make a lot of sense
between 23 and 37) with five years of economically or professionally. Many of the
work experience (ranging between two experienced candidates shun the full-time
and 10 years). The school describes MBA because they cannot afford to leave
the typical MBA candidates as: “Young their jobs to study full time. In addition,
professionals who are at an early stage in many professionals above 35 years of age
their career. Typically, they are identified have families and mortgage payments to
as high performing individuals in their take care of. They are therefore put off by

ACCESS EMBA GUIDE 2017-2018 147

 Candidates themselves the likelihood of being offered less after the students brings a richer perspective on
programme ends than they earned at their the realities of business to discussions
are in the best position pre-MBA job. And let’s not forget another amongst the cohort. They have a lot to
factor – more experienced students may teach the younger students, particularly
to make an informed feel out of line socially, culturally, and in areas of softer skills like leadership and
decision on whether they even technologically in a class composed team management. Equally, they can learn
of twenty-somethings. from the younger students, particularly in
want to enrol in a full- areas like digital marketing,” according to
Age alone is not a factor Mr Roberts.
time MBA programme or
an Executive MBA. There are universities that are sceptical The director points out that other factors,
of older MBA candidates. One of the such as gender, age, nationality, and sector/
reasons why MBA admissions officers function background should also be taken
have reservations about older candidates into account to ensure a rich range of
is because more experienced professionals experience to draw from.
may be “too set in their ways,” says
Christie St-John, Director of Admissions Who is the decision maker?
at Vanderbilt University’s Owen Graduate
School of Management (US), cited by It is quite possible for candidates to find
Bloomberg. However, there are institutions themselves stuck in a seemingly grey area
that consider students above 30 or 40 to where they are too old for an MBA and too
be a valuable addition to their MBA classes. young for an EMBA. As with many difficult
situations in life, they can view this either
James Roberts, director of the Full-time as a predicament or as an opportunity to
MBA programme at Leeds University choose between a full-time MBA and an
Business School (UK), says that the average EMBA depending on their needs.
age on the MBA programme of the business
school is 31-32, and older candidates are The Toronto-based Rotman School of
welcome – usually there are two or three Management believes that the candidates
students over 45 in an average year. The themselves are in the best position to make
typical cohort size is about 34-40 students. an informed decision on whether they want
“Each student has to bring something the to enrol in a full-time MBA programme or
others will benefit from. Having older an Executive MBA. Jamie Young, director of

148
Rotman’s Full-time MBA says: “If you have
more than 10 years of work experience,
we do encourage you to consider one of
Rotman’s Executive MBA programmes,
where you will have the opportunity
to learn with a more experienced peer
group. Ultimately, we emphasise the ‘fit’
with our programme and the candidates
themselves can be a good judge of this
if they do their research. However, we
don’t think this can be determined based
on any one, single dimension. There are
students each year who join the full-
time programme and have more than 10
years of work experience, so that should
signal that we consider candidates from
a holistic perspective.”

Older candidates willing to pursue an

MBA degree should demonstrate to
the admissions’ commissions that they
know what they are doing. Andra Cioara,
coordinator for Europe and Central
Asia at the International Development
Department of the Madrid-based IE
Business School, places a high premium
on the student’s personal motivation: “In
general, full-time MBAs are advisable for
those professionals who wish to change
something in their career. Hence, even if
they have more experience, they could
still pursue the programme as long as
they are aware and content with the
fact that they will have younger and
less experienced colleagues. Generally Group, says: “I had a 30-year-old client “In general, full-time
speaking, professionals and executives who got admitted to the Executive
with 10+ years of experience would be MBA programme of London Business MBAs are advisable for
indeed more suitable for an Executive School with only six years of professional
MBA, but if they feel they want to pursue experience. However, she could look professionals who wish
a full-time MBA, we try to understand back on a swift career rise, had taken to change their career,
their motivation and then recommend on a managerial role, and had also been
the best programme from our portfolio.” endorsed and sponsored by her employer. and those with 10+ years
She managed to convince the admissions
Let’s take a look at the other option: committee that she will benefit from the of experience would be
you are younger than 35 and want programme, but also be a valuable asset more suitable for an
to enrol in an EMBA programme. You to the EMBA class.”
can consider this option if you have Executive MBA, but we try to
more than five years of professional Ultimately business schools focus on
experience and preferably some experience and motivation, but it is still understand their motivation
managerial experience and would like far more the exception than the rule to and recommend the best
to step into a senior management role. be over 35 and enrol in a full-time MBA
In this case, admissions officers will programme, or to be in your early thirties programme.”
be looking for evidence that you are and join an EMBA programme. However,
mature, and have relevant experience there are always grounds to break the Andra Cioara
and leadership potential. Iliana Bobova, stereotypes and convince the AdComs
Head of Admissions Consulting at Advent about where you truly belong. □ V.V.

ACCESS EMBA GUIDE 2017-2018 149

EMBA ADMISSION

Dancing in the Rain

What matters most in EMBA admissions?

M
anagers aspiring to EMBA admission process and the evaluation
studies usually have an of prospective EMBA participants. The
impressive professional same holds true for the study process
path behind them and even more in prestigious business schools. As Silvia
ahead of them, and don’t need McCallister-Castillo, EMBA Programme
lecturing about what it takes to Director at London Business School (UK),
succeed. Still, for those who have said to the Financial Times: “We select
come this far and are striving to people that we are sure will be 100%
make a difference through EMBA successful in the programme. We stretch
studies, three things are worth them to go beyond what they thought was
noting. possible. But we knew definitely it was
possible.”
First – make sure you know the Executive
MBA (EMBA) application process Smart EMBA application
well. Second - it is up to you to make it
work. Finally, do not underestimate the Obtaining first-hand impressions of your
importance of good preparation as that chosen programme, and especially talking
will ultimately open the door to senior to professors, alumni, and current EMBA
business leadership. participants, is much more enlightening
than reading brochures and websites.
Do you belong to an EMBA? Campus visits, EMBA information sessions,
and networking events are the smart way
Before plunging into the specifics of to make up your mind about the university,
admissions, let us take a quick look at and also to make a good impression on
who the EMBA is really aimed at. The the B-school admissions staff. This is also
Executive MBA programme is most suited an opportunity to meet future peers and
to experienced professionals and managers current competitors for EMBA admission.
who aim to combine MBA study and a
successful career. According to a survey by Thus, you get to know what the programme
the Executive MBA Council (EMBAC) - an holds for you, as well as how you can stand
organisation representing the executive out among your competitors for admission.
education industry - the average age of According to EMBAC, the application
EMBA students is 37.8. Understandably, preparation normally takes 6-12 weeks,
at this stage people have more specific but if you are required to sit the GMAT,
educational needs and requirements than factor in an additional three months. Early
those in “regular” MBA programmes. preparation is the best strategy for EMBA
Those aspiring to EMBA programmes candidates and although preparation takes
have already worked for an average of time, admission results come quickly –
13.7 years, with middle management usually within two weeks of the admission
experience of about 9 years. interview.

Since 1943, when the Executive MBA was Highlighting your professional and
first introduced at Chicago Booth, little especially your leadership background
has changed in the components of the cannot be overstressed. EMBA eligibility

150
“We select people that
we are sure will be
100% successful in the
programme. We stretch
them to go beyond what
they thought was possible.“
Silvia McCallister-Castillo

ACCESS EMBA GUIDE 2017-2018 151

requirements include at least five years stats on the application form complete the sponsorship. In 2015, 23.2% of EMBA
of professional experience. However, even documents in the application package. The students were fully supported by their
more important in your application essays interview arguably carries the most weight, companies and 41.2% fully financed their
and admission interview is to make sure as it gives valuable information about the own studies. The EMBAC also reports
you outline a coherent career plan that candidate that cannot be extracted from that 53.3% of EMBA programmes provide
is unambiguous about how EMBA studies the other elements of the application scholarships and fellowships.
at that particular B-school will lead you to process. The interview, being more of a
your goals. You may be wavering between two-way discussion than a test, is also an Employers view the decision to commit
various careers, industries, and options, but opportunity for you to make your final to EMBA studies as a component in a
make sure that you give enough arguments judgement on whether you belong to that person’s determination to excel in their
to the EMBA Selections Committee to particular EMBA programme. career and they are likely to reward it.
make a decision. The committee need The percentage of salary increase of
to understand your vision and business Why and how does EMBA graduates cannot be compared
aspirations as well as your potential for employer endorsement to that of MBA alumni, as the latter start
growth as a senior business leader. come into play? from a much lower level. However, the
figures are still impressive. The average
GMAT still remains the standard way Business schools require employer pre-EMBA annual salary of candidates was
of assessing candidates’ analytical and endorsement as part of the EMBA USD 157,298 (including bonuses) compared
quantitative skills. However, some B-schools application. This is the commitment of the to USD 175,621 (including bonuses) when
make use of the Executive Assessment company to secure the resources needed leaving the programme, according to the
exam introduced by GMAC in 2016, and for its employee to be successful while 2015/2016 EMBAC Student Exit Survey.
others have their own tests that can be combining job responsibilities and MBA
an alternative to the well-established studies. “Life isn’t about waiting for the storm to
standardised exams. Some B-schools pass. It’s about learning how to dance in
have waived the requirement for a test, Sylvia Haas, EMBA Executive Director of the rain. Today’s managers need to know
as EMBA candidates have already proven Admissions, UCLA Anderson School of how to deal with change, enjoy challenges,
how proficient they are in business. Others Management (US) confirms the importance and search for them, because this is what
put less weight on the GMAT, and more of employer endorsement in a 2016 makes their companies more successful,”
on the quality of professional experience interview for Access MBA: “We work with highlights Petra Joerg, CEO of Rochester-
and the overall development potential of all our applicants before they begin their Bern Executive Programmes (Switzerland)
applicants. programme to make sure that the company in a 2016 podcast for Access MBA. Your
knows that this person will be investing time EMBA application should convey a similar
The carefully focused CV/resume, away from work.” message and illustrate how the B-school of
application essays, letters of your choice will help you make a difference
recommendation, and the data, facts and Endorsement does not necessarily imply as a visionary business leader. □ I.B./D.G.

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 EMBA
GLOBAL

Features 2017-2018

Gain an Insight Into the Features of Top Universities and Business Schools

American University in Bulgaria 154 Kedge Business School 162

Ecole Polytechnique 155 Nottingham University Business School 164
EDHEC Business School 156 Rochester Bern 165
ETH Zurich (Swiss Federal Institute of Skema Business School 166
Technology) 157 TELECOM Ecole de Management 168
ESSEC Mannheim EMBA 158 Toulouse Business School 169
HEC Paris EMBA 160 University of Northampton 170
EMBA SCHOOL PROFILE

Leadership with Impact

BULGARIA
Student Body

Male/Female Ratio: 51/49%

Age Range: 25-46
Average Age: 32
Programme Presentation
Degree background:
The American University in Bulgaria (AUBG) The Executive MBA at AUBG is the leading 27% -Telecommunications/IT
offers excellent US education and the executive business programme in southeast 15% - Banking/Finance
opportunity to join an outstanding global Europe. With this programme AUBG 13% - Manufacturing
alumni network at a very competitive provides the best of US business education 15% - Other
price. AUBG is accredited both in the traditions grounded in the socio-economic
United States and in Bulgaria, resulting in realities of the region to make it relevant for
a dual American and European diploma. business leaders in Bulgaria and surrounding Admission Requirements
The university offers 10+ BA programmes, countries. Students are engaged in dynamic
an Executive MBA programme, and an forms of learning and hands-on projects University Degree: Bachelor’s
Executive Master’s programme in Finance, presented by international faculty with GMAT: Not required
Banking & Real Estate in partnership with experience from across five continents. English tests: TOEFL iBT– 80, CBT – 213,
SDA Bocconi. AUBG is home to about PBT - 550; IELTS – 6.5
1,000 students from 40+ countries and The recently updated curriculum is References: 2
70+ faculty members from 20 countries structured to advance business knowledge
as well as the best student facilities in the but also nurture a culture of innovation Minimum Length of Work Experience:
region. The university is an undisputed and entrepreneurship. Special emphasis 3 years professional experience
education leader according to the national is placed on the shaping of much-needed
university rankings and its graduates are leadership and soft skills. Costs
in the top global success rankings with
a 99.8% employment rate. AUBG alumni The AUBG EMBA programme invites Application Fee: EUR 35
achieve remarkable compensation results ambitious professionals into a network Tuition Fees: EUR 12,000
too: approximately 20% of graduates earn of leaders with a global mindset and the
more than USD 100,000/year and over ability to make an impact. AUBG alumni hold Scholarships: Limited number
20% of alumni from 1995-2005 who are prominent positions in leading multinational
currently working in the US earn more than companies and in their own successful Contacts
USD 250,000/year. businesses, in Bulgaria and beyond.
Pavlina Atke
Email: [email protected]
Telephone: +359 888 140 145
Website: www.aubg.edu/executive-
education

Programme Info:
Accreditations NEASC; Bulgarian National Evaluation and Accreditation Agency (NEAA)
Rankings #1 University for Career Success (local ranking)
Type of Programme Full-time
Programme Format 16 months, weekend classes
Content Strength or
General Management
Specialisation
Language Courses English
Application Deadlines 30 June – preselection; 1 November – final selection
Starting Dates January

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EMBA INTERVIEW

Executive Master
vs Executive MBA
Even though EMBAs are highlighted for executives, the École
Polytechnique Executive Master may be a better alternative when
mixing core management skills with innovation and technology.

Can you please describe the Executive The group project allows participants to
Master? implement in a concrete way what they
The Executive Master is a unique degree have learned on subjects that matter to
with a strong technological aspect. Its them. These projects could be starting a
format of 12 modules of one week each new company, developing an innovation
(nine in France and three abroad) spread for an existing company, or a more
over 14 months allows participants to join “classical” strategic project (international
a cutting-edge programme in innovation, expansion, acquisition, etc.).
technology and management while
working full time. The goal is to train École Polytechnique is an
leaders with an average of 10 years of engineering school. Do you only
professional experience who are in an accept applicants with this type of
upper management position. profile?
Candidates are asked to have a strong
Opal Fritz-Nicholls
How is this Executive Master different interest in technology. Naturally, we
Programme Director
from an Executive MBA? receive applications from engineers;
The state-of-the-art modules are a strong however this is not a criterion for
Opal Fritz-Nicholls has an international
differentiating point. They cover the main applying to the programme. Lawyers,
background, as she was born in the
technological areas at the centre of much United States and has lived in several doctors, and applicants working in
of today’s innovation. These modules are countries such as Hungary and France, various business sectors are encouraged
given by research professors from École her current location. She serves as the to join the programme. Our goal is that
Polytechnique and other cutting-edge programme director for the Executive each intake be as diverse as possible.
scientific institutions. As with the EMBA, Master at École Polytechnique. Even though the initial diploma is taken
there are courses on core managerial Specialised in the educational field into account, professional experience
since 2005 and in executive education
skills, but there are also numerous as well as the candidate’s project are
since 2008, her previous positions
courses on innovation management, include working for the EMBA at HEC equally important.
entrepreneurship, leadership, and Paris and executive programmes at
professional/personal development. INSEAD. Going beyond the strategy, What market opportunities do
development and implementation of graduates have at the end of the
Tell us more about the content of the the programme, she advises candidates programme?
programme. concerning their professional projects. It really depends on the professional and
Four main themes are covered: personal projects of each participant.
• Fundamentals of management: strategy, • Professional and personal development: Based on the tradition of École
finance, marketing, human resources… leadership, negotiation, change Polytechnique, the goal of the Executive
• Management of innovation: design management… Master is to train leaders, from all kinds of
thinking, marketing of innovation, project sectors and organisations, to ensure they
management, entrepreneurship… The group project seems to be an are capable of designing, deploying, and
• Technology: data science, IoT, industry important part of the Executive managing in an international perspective,
4.0, new energies, new materials, biotech… Master. Why is this? with a strong technological dimension. □

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EMBA SCHOOL PROFILE

EDHEC Executive MBA

A Transformational Experience
FRANCE
Student Body

Male/Female Ratio: 77/23%

Average Age: 39
International students: 25%

Located in Lille, Nice, Paris, London, and degrees, Master in Management, Master’s Admission Requirements
Singapore, EDHEC is one of the 20 best of Science, MBAs, PhD
business schools in the world. Resolutely • Over 140 exclusive partner companies University degree: Bachelor’s or
international and directly connected to
the world of business, it is known for the Programme Presentation equivalent
excellence of its research and its capacity GMAT: Not required
to train entrepreneurs and managers able The EDHEC Executive MBA programme English tests: Not mandatory for
to move the lines. is designed for experienced managers, students who have spent more than two
entrepreneurs, and senior executives years in an English speaking country.
A true laboratory of ideas, it produces seeking to experience a professional
innovative solutions recognised by transformation. It enables you to polish Alternatively, the following minimum
companies. your leadership skills and gives you a fresh TOEFL or IELTS scores are required:
Its research facilitates its teaching based perspective on global business. TOEFL iBT >100 , TOEFL PBT - 603, TOEFL
on “building people to build business” and CBT - 250, TOEIC >815, IELTS 6.5
“learning by doing”. WEEKEND FORMAT: LILLE Minimum length of work experience:
EDHEC holds the “Triple Crown” of Friday & Saturday, twice a month 8 years
international accreditations (AACSB, AMBA, Length: 16 months
and EQUIS). Lille Campus: Located at the heart of the Costs
Euroregion
Key facts:
WEEKDAY FORMAT: PARIS Application Fee: EUR 100 excl. VAT
• 5 campuses: Lille, Nice, Paris, London, Tuition Fees:
and Singapore Wednesday to Saturday, once a month September 2017: EUR 39,500*
• 30,000 graduates in over 120 countries Length: 16 months February 2018: EUR 41,000*
• 156 permanent faculty Paris Campus: An exceptional business *Including 2 Business Trips
• 20 degree programmes: Undergraduate environment, in central Paris
Scholarships: A variety of financial aids
are available for this programme

Contacts

Julie Le Gouëz
Email: [email protected]
Telephone: +33 (0)1 53 32 76 30
Website: emba.edhec-executive.com

Sophie Cuminal
Email: [email protected]
Programme Info: Telephone: +33 (0)3 20 15 44 76
Accreditations AACSB, AMBA, EQUIS Website: emba.edhec-executive.com
Type of Programme Executive MBA
Programme Format Part-time (16 months)
Core courses and a large choice of electives
Content Strength or Individual consulting project
Specialisation 2 business trips
5 coaching sessions
Language Courses English
Application Deadlines 30 June and 30 December
Starting Dates September or February

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EMBA SCHOOL PROFILE

Manage Global Operations and Supply Chains

S wit z erla n d
Student Body

Male/Female Ratio: 72.5/27.5%

Average Age: 35
Degree Background: All disciplines
International Students: 35 nationalities

Admission Requirements
ETH Zurich is one of the leading international cutting-edge research. The classes take
universities for technology and the natural place from Thursday to Sunday, starting in University Degree: Master’s or
sciences. It is well known for its excellent September every year. Bachelor’s degree with excellent grades
education, ground-breaking fundamental and additional qualifications
research, and for implementing its results Benefits of joining the Executive MBA at
directly into practice. Twenty-one Nobel ETH Zürich: GMAT: Not required
Laureates have studied, taught, or conducted English tests: Not required
research at ETH Zurich, underlining the • acquiring up-to-date general management References: Not required
excellent reputation of the university. The skills, combined with in-depth knowledge Minimum Length of Work Experience:
latest international rankings place ETH in top of international supply chain management 5 years
positions. Both the Times Higher Education • becoming familiar with the new process-
Ranking and QS World University Rankings based orientation of management thinking
rank ETH #9 in the world, the highest overall • gaining a truly global perspective with Costs
rating for the past years. practical on-the-spot experience through
10 VIP Talks by CEOs and board members Application Fee: CHF 150
Programme Presentation of large companies in the area, numerous Tuition Fees: CHF 65,000 (CHF
company visits and study trips to the US, 60,000 if early application)
The Executive MBA in Supply Chain Russia, China, and Japan
Management offered by ETH Zurich • carrying out a Master’s thesis of high
creates effective business leaders, capable relevance and immediate value for the Contacts
of managing global operations and supply employer: 71% of Master’s thesis projects
chains. Our students gain cutting-edge have already been put into practice 6 Ramona Montalto and
insights from our faculty and are able to months after graduation Patricia Roth, Recruiting Managers
put these ideas into practice in important • joining an exclusive class of managers and
markets. They acquire practical tools and specialists, selected based on the highest Email: [email protected]
methodologies, enrich their leadership skills standards with regard to educational Telephone: +41 44 632 28 53
and build relationships required to make background, job experience, and intellectual Website: www.mba.ethz.ch
their companies more competitive. capacity
• learning in a small class, characterised by
The 18-month part-time programme personalised teaching, as well as by intensive
enables students to continue to work in interactions between students and lecturers
their organisation while gaining valuable • obtaining an MBA degree from ETH Zurich,
insight of the industry, the latest tools and one of the world’s leading universities.

Programme Info:
Type of Programme Executive MBA
Programme Format Part time
Content Strength or General Management with in-depth knowledge of Supply Chain
Specialisation Management
28 February for early application; 30 April final deadline.
Application Deadlines
Late applications are considered if places remain available
Starting Dates September every year

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EMBA INTERVIEW

“Believe, Lead, Succeed”

With the inception of the ESSEC & residencies occur towards the middle of
Mannheim Executive MBA in 2004, the programme. Leadership development
two of Europe’s leading business
elements and a strategic project span the
schools - ESSEC and Mannheim
entire programme.
Business School - joined forces
to create an 18-month part-time
What are the types of organisations that
generalist MBA that is European
in tradition and international tend to employ your graduates the most?
in outlook. Since then, the Our participants come from a variety
partner schools have widened of backgrounds and sectors and their
the programme’s international motivations for attending the programme
scope by integrating an Asia- differ, as do their post-programme goals
Pacific track, delivered from and paths. However, most graduates
ESSEC’s Singapore campus. continue working for companies, many
The programme now boasts of them large and international. A number
over 1,500 alumni around the of them also go on to create and run their
globe, successfully leading top own companies.
Natalie Kettner
international companies.
Director of Executive What advice would you offer to a person
Could you give us a brief overview of Programmes who is thinking about getting an EMBA?
your EMBA programme? ESSEC Executive The decision to do an EMBA programme
The ESSEC & Mannheim Executive MBA Education also concerns your family and colleagues.
offers senior executives a fast-track It’s therefore important to discuss this
solution to career advancement through project in detail with your close network
an international programme designed to components of this EMBA. Through so that everyone’s expectations and roles
expose them to both core management coaching, workshops, networking are clear. Contacting programme alumni
basics and evolving cutting-edge business events and leadership courses (including to discuss how to balance professional,
topics. It includes an integrated leadership experiential military training) and the family, and academic life during the
track that prepares them to take on top writing of a “Leadership Journal,” these programme is also recommended.
business roles. tracks provide participants with the
confidence and skills to take on their next How global is the programme, and what
What are the characteristics you are career challenge. This programme also is your school doing to reinforce this
looking for in applicants? allows you to design your own learning position?
Ideal applicants believe in their potential experience through Advanced Immersion We recruit from our campuses in three
to become global leaders. They are driven Modules (AIMS), in-depth electives on different countries (France, Germany, and
and believe in working with others. All cutting-edge topics, in Paris, Mannheim, Singapore), resulting in culturally diverse
are executives with at least a Bachelor’s and Singapore. classes. An Asia-Pacific track was added
degree and a minimum of eight years’ work to the programme in 2014 and ESSEC
experience, part of which is international. Could you describe the structure of your inaugurated its state of-the-art campus in
Top applicants usually possess several programme? Singapore last year, providing for elective
years of leadership experience, and all Our EMBA programme offers an executive- options in this city-state. Participants
speak fluent English. friendly format with courses from Tuesday additionally develop a cross-cultural
or Wednesday to Sunday every six weeks business perspective through study trips
What makes your EMBA unique amongst and few out-of-office days. Participants to the United States and Asia. In 2016,
business schools? alternate taking core courses such as ESSEC opened a campus in Morocco,
The Career Advancement and Leadership Strategy and Finance with electives on a potential future EMBA programme
Development Tracks are two unique cutting-edge topics. Two international destination. □

158
PARIS MANNHEIM SINGAPORE

BELIEVE, LEAD, SUCCEED*

*Croire, Diriger, Réussir

© ESSEC Business School - 790100617 - Photo : Petar Chernaev

EMBA SCHOOL PROFILE

1 Degree, 8 Majors, 14 Locations

I N T E R N AT I ON A L
Student Body

Male/Female Ratio: 75/25%

Average Age: 40
Total number of participants enrolled
per year: +250
Created in 1881 by the Paris Chamber of offer participants the opportunity to study International Students: 52 nationalities
Commerce and Industry, HEC Paris aims to in different countries with classmates from Europe: 66%
train high-potential individuals, capable of very diverse backgrounds. Asia and Middle East: 22%
becoming the architects of a responsible Average Professional Experience: 15 years
world. What makes HEC Paris unique is the Our special focus on strategy, leadership and
conviction shared by the HEC Community: the global business environment ensures
knowledge determines the freedom and that our participants gain comprehensive, Admission Requirements
entrepreneurship required for a better world. innovative, and applicable knowledge and
skills. University degree: No specific
The mission of HEC Paris is twofold: training requirements
the global leaders of tomorrow, and taking an In keeping with HEC’s motto: “The more you GMAT: Not mandatory. Internal
active part in the production of knowledge on know, the more you dare”, our goal is not only management test recommended
management, thanks to our internationally to strengthen the technical expertise and
renowned faculty who are at the forefront leadership skills of future global leaders, but English tests:
of their respective fields. also to enable you to “dare” to implement TOEFL iBT: minimum of 90/120
innovative ideas and solutions in complex IELTS: minimum of 6.5
professional situations. TOEIC Listening & reading: minimum
Programme Presentation of 850/990
Our internationally renowned faculty
The HEC Paris Executive MBA offers modular, members draw on extensive real-world References: 2 online recommendation
executive-friendly formats to suit a variety experience to provide participants with forms
of work schedules. Delivered around a solid foundation in management Minimum Length of Work Experience:
the world and offering a range of majors fundamentals and exposure to cutting-edge 8 years of professional experience
(specialisations), it is uniquely positioned to business knowledge. (international exposure, management
experience, convincing personal and
professional goals)

CoSTS

Application Fee: EUR 350

Tuition Fees: EUR 69,450

Contacts
Programme Info:
Accreditations AMBA, AACSB, EQUIS
Nadia Madzharova
Ranked #7 worldwide by the Financial Times for Executive Education Email: [email protected]
Rankings Telephone: +33 (0) 1 39 67 75 18
in 2017
Type of Programme Executive MBA Website: www.execed.hec.edu/en
1 day per week; 1 six-day module every month; 2 nine-day modules
Programme Format
and 4 six-day modules; End-of-week
Language Courses English, English/French or English/Chinese (translation)
Application Deadlines Rolling admissions
Paris, France intakes:
English Modular: January
End-of-week: March
Starting Dates 1 day per week: September
Paris Modular: November
Doha, Qatar intake (in partnership with the Qatar Foundation): March
China Modular intake

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EMBA INTERVIEW

Explore, Challenge,
and Stick to Your Dreams
How dreams and corporate experience fuel entrepreneurship

What is your professional goal and how Do you feel satisfied with your
has the HEC Paris EMBA programme investment? What has the HEC Paris
helped you to achieve it? EMBA programme given you?
Four years after the start of my I chose a bilingual programme, which
EMBA, I founded an executive search was flexible enough to let me work and
and recruitment firm. That was the helped me cultivate a close network of
transformation of a long-term dream into people. Thanks to HEC Paris’s worldwide
a real project. I also want the company to partnerships, I was able to study in
be a place of creativity and openness, no Brussels, at Tsinghua University in Beijing,
matter what your background is. and at Babson College in the United States.

We focus on the Industry, building, The finance and business strategy training
retail and B2B distribution sectors, was extremely beneficial in my job and
and on management positions the leadership skills I learned have helped
(general management, supply chain, me become a better manager. My HEC
manufacturing, sales, marketing, and Paris network also gives me access to new
digital), which is a highly competitive Hervé Gentile clients and a new pool of candidates from
market! I’m constantly looking for ways HEC Paris EMBA which to recruit.
to help us stand out by studying the latest Class 2010
developments so that we can improve I’ve always appreciated the HEC
and attract new clients. I also want the community’s openness of mind and spirit.
After a successful management
company to be a place of creativity career in BP, Castrol Group, and Our alumnis’ ability to create ties and
and openness, no matter what your Renault, Hervé Gentile plunged into establish a community whose members
background is. a new entrepreneurial venture and explore, challenge, and help each other
founded Alchemy Search, a talent truly sets HEC Paris apart.
Most importantly, we have to match the management company focused on
right candidates with the right teams his field of professional expertise - Did you choose a postgraduate degree
and contexts. We need to thoroughly industry, retail and B2B distribution. in the same field as your Bachelor’s
understand the structure and the culture studies?
of companies as well as how each decision and finding creative solutions to problems. After majoring in business studies, studying
might affect those structures. This is by HEC Paris helped me to better structure psychology, and working in marketing and
no means easy - human nature is a little my approaches and to be ready to dare! sales, I joined BP where I seriously delved
complex! into the corporate management world for
What was your most valuable experience the first time. While thinking about what
Thinking back, I guess what I do makes during your studies at HEC Paris Executive I wanted the second part of my career to
sense: as a child, I always wanted to be Education? be, I discovered the EMBA programme
either a detective or an entrepreneur! Entrepreneurs must be persistent. We are at HEC Paris.
dealing with a large amount of pressure,
I love getting to know new people and new and tenacity helps to succeed. I had the How did you fund your studies?
companies, especially since we always chance to learn how the most successful My employer at the time – BP – agreed
strive to expand our areas of expertise. I entrepreneurs are resilient and can to finance the degree, and I applied and
also enjoy designing new business models transform challenges into victories. started classes in HEC Paris in 2008. □

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EMBA SCHOOL PROFILE

Influence the Future

F ra n ce & C hi n a
Student Body

Admission Rate: 3:1

Male/Female Ratio: 1:4
Age Range: 32-52 years
Average Age: 40
Degree Background: Highly diverse
Kedge Global Executive MBA of Business Administration degree from International Students:
Paris Marseille Bordeaux Shanghai a top-level, internationally recognised Europe: 45%
academic institution, in perfect synergy North America: 2%
KEDGE BS was created to achieve a critical with the business world. Central/South America: 2%
mass that would ensure its international
visibility. Created as an association, it is Our objective: to equip executives with Middle East: 2%
financially independent. Its activities fall the competencies, cultural sensitivity, Oceania and Asia: 45%
within two inter-related categories: applied and strategic vision they need to deal Africa: 2%
research and education, including: effectively with the challenges of today’s Latin America: 2%
global economy.
• 31 formal higher education courses and
a thriving executive education programme Ranked #22 among the Top 100 Executive Admission Requirements
• 4 recognised areas of research expertise MBAs worldwide by the Financial Times,
and 6 management centres of excellence. with four campuses and eight different University Degree: Bachelor’s Degree
Majors, our programme is characterised or higher
This dual expertise in education and research by a highly individualised learning path, a GMAT(minimum): 580 or BAT exam
has earned Kedge BS its status among the strong leadership component, and a focus
1% of the world’s business schools that are on acquiring a global vision. (in house test)
triple accredited by EQUIS, AMBA, and AACS. English tests: TOIEC – 750; TOEFL – 110;
Our vision is to build a unique learning IELTS – 7.5
Programme Presentation community spanning the continents, where References: 2 professional
you will gain access to our internationally Minimum Length of Work Experience:
The Global Executive MBA offers high- renowned faculty and to a unique global
potential executives a prestigious Master network of 54,000 alumni. 5 years’ managerial experience (approx.
10+ years’ work experience)

Costs
Application Fee: EUR 120
Tuition Fees: EUR 37,000
Scholarships: Diversity, Entrepreneurial
Project, Women, Reconversion Project

Contacts
Programme Info:
Type of Programme AMBA, EQUIS, AACSB
Sandrine Rognon
Email: [email protected]
Ranking #22 worldwide, Financial Times
Telephone: +33 4 91 82 77 21
Type of Programme Global Executive MBA Website: ww.executive.kedge.edu
Programme Format Part-time/Modular
Content Strength or Entrepreneurship, Innovation, CSR, Brand Marketing, Finance, Talent
Specialisation Management, Global Management, Wine & Spirits Management
Language Courses Fully English programme
Application Deadlines Application Deadlines: Rolling
Starting Dates November/February (France), December (China)
9 International Business Seminars (US, China, India, Russia, Australia,
Exchange Programme
Brazil, UAE)

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EMBA SCHOOL PROFILE

An Advanced Management
Course for Ambitious Managers
UK, Malaysia & China
Student Body
Admission Rate: 5:1
Male/Female Ratio: 60/40%
The Executive MBA is taught by staff who Age Range: 30-45
blend academic expertise with solid business Average Age: 35
experience.
The Nottingham MBA is ranked globally Degree background: multi-disciplinary
and the school is among the few in the Choose either our Executive MBA or International Students:
UK to achieve both EQUIS and AMBA specialise in Healthcare Europe: 86%
accreditations. We are recognised as one North America: 1%
of the world’s top schools for integrating To help you develop an international outlook Central/South America: 2%
sustainability issues into all our MBA on business, you will:
programmes. •learn alongside people from all over the Middle East: 2%
world Oceania and Asia: 5%
Nottingham University Business School •connect with our global network of alumni Africa: 4%
is EQUIS accredited (European Quality •join overseas business study tours
Improvement System). Uniquely, EQUIS •take advantage of our rich networks in Admission Requirements
accreditation applies to the business schools Asia and study Executive MBA modules in
at all of Nottingham’s campuses in the UK, Malaysia or Singapore University degree: You must normally be a
China, and Malaysia. •learn from leading thinkers and experts graduate of an approved university holding
in their fields
Completing the Nottingham Executive MBA •take advantage of lifelong learning a good honours degree. Candidates with a
is a powerful statement about your career opportunities available to all our alumni relevant professional qualification deemed
aspirations and desire to develop a global •benefit from the flexibility of a course to be equivalent to a first degree will be
perspective on business. structured so that you can combine study considered.
•Combine intensive study with a demanding with existing work/life commitments GMAT: do not require GMAT
career. •tailor your Executive MBA to study modules
•Be tested, and question what you do. that are appropriate to you and your career English tests: If your first language is not
•Experience a high-level business management aspirations. English, and you do not have a degree
education that you can apply to your current from a UK institution, we require evidence
role. “Many people who study the Executive of your competence in English. IELTS - at
•Study alongside experienced business MBA have been in fairly narrow, functional least 7.0, with a minimum score of at least
professionals from all over the world and roles, and they are making the journey into
build broader networks. more general management. They acquire 6.0 in each element of the test; Pearson
wider networks and broader perspectives on Test of English (PTE) Academic - a score of
Programme Presentation business. They also develop an enthusiasm 68 (minimum 55)
for lifelong learning – we’re really teaching References: 2 references
During your EMBA you will receive expert people how to teach themselves.” Minimum Length of Work Experience:
tuition, personalised career support and Dr Robert Webb (MBA Co-programme
mentoring from business practitioners. Director) From 3 to 5 years

Programme Info: CoSTS

Accreditations AMBA and EQUIS Application Fee: GBP 40
Top 100 worldwide for Business and Management GBP 2,000 if you opt to take one of the
QS World University Rankings by subject 2017
Rankings International Study tours
And #2 in the UK
The Economist Executive MBA 2015 Tuition Fees: GBP 24,975 for Home/EU
Type of Programme MBA and International Students
Programme Format Part-time 24-48 months Scholarships: 20% to 90% scholarships
Content Strength or
Healthcare Entrepreneurship, Sustainability, and Leadership
Specialisation Contacts
Language Courses Mandarin, German, Spanish, and French
Application Deadlines rolling admissions Elaine Kay
Starting Dates rolling admissions Email: [email protected]
We offer MBA International Study Tours (subject to successful appli- Telephone: +44 (0)115 9515501
Exchange Programme
cation): Short study tours to Lehigh University, US, the University of Website: www.nottingham.ac.uk/
Nottingham’s Ningbo campus, China, and its Kuala Lumpur campus, business/programmes/mba/
Malaysia

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EMBA SCHOOL PROFILE

We’ll Change the Way You Think

S wit z erla n d
Student Body
Male/Female Ratio: 76/24%
Age Range: 28-50+
Average Age: 39
Degree background: All disciplines;
students without a degree considered
on an individual basis
International students: 30%
• Established in 1994 as the first EMBA executives who do not want to interrupt Europe: 90%
programme in Switzerland offering a US a successful career and need a schedule North America: 3%
degree. which is compatible with their business
• Dual degree (US MBA degree from the responsibilities. All courses are taught in Central/South America: 1%
University of Rochester and Swiss Executive English. Oceania and Asia: 5%
MBA degree from Universität Bern). Africa: 1%
• Part-time curriculum on 3 continents The general management programme
(Switzerland, United States, and China). provides a holistic understanding of all the Admission Requirements
• 50 years of experience in the EMBA market aspects of business and the interconnections
in the US and 22 years of experience in between them. Courses are well-integrated University degree: An academic or
Switzerland. and are grounded in economic principles equivalent educational background
Students gain general management and they address today’s biggest challenges: GMAT: Not required
knowledge and important leadership skills, digitalisation, sustainability, and change.
learn to apply concepts to their professional Throughout the programme, the English tests: Not required
life, and develop a truly international participants also develop their personality References: We require the three
mindset. and leadership skills. Most courses are most recent work references and 2
held in Thun (Switzerland). During the first recommendation forms
Programme Presentation year, there is an intense four-week summer Minimum length of work experience:
session at the Simon School in Rochester,
The programme begins in January and runs NY (USA), followed by an optional one-week At least 5 years of management
for 17 months. Courses are held biweekly study trip to Silicon Valley. In the spring of experience. Without an academic
on Fridays and Saturdays in Switzerland. the second year, a study week in Shanghai background, 10+ years of managerial
The part-time format is designed for (China) completes the curriculum. and leadership experience are required

Costs
Application Fee: No fee
Programme Info: Tuition Fees: The overall cost of the
Accreditations AACSB programme is CHF 75,000. This comprises
#2 in the world for finance (Financial Times, 2017) tuition including online assessments and
#5 in the world for economics (Financial Times, 2017) follow-up coaching sessions, cooperation
Rankings #38 among US business schools (Financial Times, 2017)
#77 among the top business schools in the world (Financial Times, with an alumni mentor, all required books/
January 2016) materials, lunches and refreshments
Dual degree: MBA (Simon Business School, University of Rochester), on regular class days in Switzerland,
Type of Programme
EMBA (Universität Bern) accommodation and some meals in
Programme Format Part-time, biweekly Rochester and Shanghai, matriculation
Financial accounting, Managerial economics, Economic environment, at the University of Rochester and the
Managerial data analysis & forecasting, Project & company valuation,
Organisation & Strategy, Managerial accounting, Capital markets,
Universität Bern, exam fees and graduation
Entrepreneurial Inspiration & Corporate Innovation (optional, Scholarships: Up to 40% of tuition fees
Content Strength or Silicon Valley), Corporate financial policy, Economics of internation-
Specialisation al business, Operations management, Innovation management & Contacts
entrepreneurial thinking incl. Capstone project, Leadership and career
development, Strategic marketing, Marketing management, Cor- Noëlle Opprecht
porate strategy, Management in transition economies, Information Email: [email protected]
Systems for management
Telephone: +41 31 631 34 77
Application Deadlines 15 November 2017
Website: www.rochester-bern.ch
Starting Dates January

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EMBA SCHOOL PROFILE

Exceed Your Ambition

FRANCE
Student Body

Male/Female Ratio: 75/25%

Average Age: 42
International Students:
Eastern/Northern Europe: 39%
Middle East: 36%
Asia/Pacific: 12%
Western Europe: 10%
Programme Presentation North America: 3%
SKEMA is one of the few truly global business The SKEMA Executive MBA is a high-level
schools. We train and educate the talent of continuing education programme for Admission Requirements
the future so that they may thrive in the experienced executives wishing to increase
current competitive environment. their managerial and strategic skills. University degree: Bachelor’s (with
significant managerial experience),
SKEMA has AACSB, AMBA, and EQUIS The Executive MBA programme offers
general modules as well as a unique Master’s Degree or equivalent
accreditations and has been consistently GMAT: Recommended
ranked as one of the world’s very best specialisation in project & programme
business schools in the Financial Times management. This intensive programme English tests:
rankings. allows managers to understand new IELTS – 7; TOEIC – 875; CECR – C1
organisational models, an invaluable skill References: 2 recommendation letters
Our graduates expand the boundaries when it comes to adapting to ever-changing
complex environments. It also aims to foster Minimum Length of Work Experience:
of knowledge and innovation. They are participants’ overall strategic vision. 5 years of experience
at ease working in environments that
are multicultural and socially diverse. As The SKEMA Executive MBA is particularly
graduates of the school, we hope that they well suited to managers who have pressing Costs
carry with them the values that they have professional commitments, as it adopts a
been taught, in order to create a better and blended learning format. The pedagogy Application Fee: EUR 120
more sustainable business environment. thus combines e-learning modules with Tuition Fees: EUR 32,000
interactive seminars led by professors Scholarships: Decisions made based
Our international structure, with campuses renowned in their fields. The programme
in Asia, Europe, Latin America, and the US, is designed to optimise face-to-face sessions on candidate’s background and merit
enables us to remain in tune with the global by distance mode preparation through
business environment and the world of highly structured modules that participants Contacts
international higher education. can adapt to their personal and professional
schedules. Seminars take place in Lille Véronique Carresse
With 7,500 students and 160 tenured (France) and in three other locations during
professors, SKEMA Business School ranks study trips: Raleigh (US), Belo Horizonte Email: [email protected]
as a leading global business school. (Brazil), and Shanghai (China). Telephone: +33 (0)1 41 16 75 14
Website: www.skema.edu

Programme Info:
Accreditations EQUIS, AACSB, AMBA
Rankings Financial Times #82 Executive Education (customised programme)
Type of Programme Blended learning (online, face-to-face, and webinar modules)
Programme Format Executive MBA
Content Strength or
Project & Programme Management
Specialisation
Language Courses English
Application Deadlines On a rolling basis
Starting Dates September and January
Percentage of salary increase
80% had a promotion
after graduation

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EMBA INTERVIEW

Win More with High

Level Executive Education
Access new responsibilities, open up internationally, acquire skills and more
Could you please describe your EMBA commitment to excellence is what makes
programme? our programme so special.
The SKEMA Executive MBA has been
designed to provide our participants with Could you describe the structure and
new organisational models, adapted to curriculum of your programme?
constantly changing complex business Because participants are working
environments. Our faculty provide professionals, the programme has been
cutting-edge and world-class content, designed to allow maximum flexibility. It
based on their own research expertise adopts a blended learning format. It is
and senior consultancy activities. Thanks structured around 18 modules: six online,
to this, participants will hone not only their six webinars, and six residential weeks. On
leadership, management, and finance skills, top of this come two transversal modules:
but will also live a truly global learning Doing Business Globally, which is delivered
experience that will be highly beneficial in throughout the duration of the programme,
their professional careers.
Carole Daniel and the Capstone Project, which is the final
Associate Professor in individual assignment.
Our programme is fully articulated around Project Management,
the global knowledge economy, and all EMBA Academic Director Please describe the learning environment
its elements are aimed at immersing our of your programme.
participants in issues linked to globalisation, Dr Carole Daniel is a permanent The blended learning format is designed to
multiculturalism, digitalisation, and associate professor of project optimise face-to-face sessions by distance
sustainability. Our EMBA brings together management at SKEMA Business mode preparation through highly structured
School. She has 12 years of experience
motivated executives from a broad range in academic administration, as
modules that participants can adapt to
of companies and cultures, while pursuing associate dean for the school’s Grande their personal and professional schedules.
the programme in various countries around Ecole programme, quality manager It combines residential weeks, consisting
the world. They are exposed to top-notch in charge of academic accreditations of five-day face-to-face sessions taught
international faculty, senior professionals (EQUIS, AACSB), and vice dean for at four different locations, and webinars
who join the residential weeks to share their International Accreditations in 2012. - virtual classes allowing for interesting
expertise, and visits to companies on four She has been the academic director of interactions. Online courses are devoted
the Executive MBA since 2014. Dr Carole
different continents. The programme is an Daniel is heavily involved in tailor-made
to specialised content linked to project
exciting and dynamic learning experience programmes for global companies. management topics. Taken individually,
in which you learn, share and generate these online modules are a good way
new ideas. experiences, and who are open-minded, to gain autonomy and they provide the
in the sense of being open to discovering necessary flexibility for our participants’
What type of candidates are you looking for? new disciplines, new ways of learning, and busy schedules. Started in the second year
We are looking for managers and leaders new multicultural environments. of the programme, the Capstone Project is
around the world who are eager to learn a means for participants to deploy all the
cutting-edge theories and practices which What makes your EMBA programme newly acquired knowledge and skills around
they will be able to mobilise to improve special? a strategic issue. Capstones are individual
their managerial skills and attitudes. We aim Our strength lies in the tight bonds between written reports, in which a participant
at developing global leaders, and welcome our participants. Not only do they build a proposes an improvement initiative
in our cohorts professionals who already network of long-lasting relationships, as regarding the methods and practices in their
have solid international experience which they have the opportunity to visit each company. Research must be implemented
they are willing to enrich and consolidate. other in different countries and discover using rigorous methodologies. A defence is
As a consequence we particularly value new cultures, but they also very actively organised in front of a jury, and participants
candidates who deploy generosity in engage in promoting their programme. are also invited to present their findings to
the way they learn and share their own Their success is our success, and their their managers or partners. □

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EMBA SCHOOL PROFILE

Leading Transformation in a Digital World

FRANCE
Student Body
Programme Presentation Admission Rate: 2:1
Male/Female Ratio: 75/25%
The EMBA “Leading Transformation in a Age Range: 30-50
Digital World” will develop your managerial Average Age: 42
and strategic skills and your leadership,
while giving you the ability to seize the Degree Background: : Business
opportunities of the digital economy. Administration, IT, Electronics, Computer
Taught part-time in Paris, the programme Networks, MIS, Chemistry Management,
will also take you to the heart of the major Engineering
technological clusters in the USA, Europe, International Students: 37%
and Asia.

During the programme, you will have the Admission Requirements

unique opportunity to develop your own
digital project, join one of our business University degree: Bachelor’s or
From its creation in 1979, Telecom Ecole incubators in France and benefit from the equivalent
de Management (TEM) has integrated new full support of our faculty. GMAT: Not required
technologies and information systems in English tests: TOEIC – 850; IELTS – 5.0;
all its programmes. Our school has built Because we emphasise innovation, you will
its reputation on this unique learning TOEFL PBT– 540 or TOEFL CBT - 207
meet with startups and entrepreneurs in
experience and expertise which its corporate France and abroad, work with them on their References: 2 recommendation forms
partners readily recognise. own strategy and share their experience. Interview + case study for preselected
candidates
Accredited by AACSB and AMBA, TEM is the Becoming a participant of our programme Minimum Length of Work Experience:
business school of Institut Mines-Telecom, will give you the unique opportunity to
the leading group of engineering schools in 5 years
join the alumni network of Institut Mines-
France, under the supervision of the French Telecom, one of the largest of the French
Ministry of Economics, Industry and Finance. Grandes Ecoles (60,000+). Costs
Application Fee: No fee
Tuition Fees: EUR 40,000
Scholarships: Several merit-based and
needs-based scholarships available
(upon application)
Negotiated interest rates with partner
banks

Contacts
Pauline Vandenhende
Email:
[email protected]
[email protected]
Programme Info: Telephone: +33 1 60 76 43 56
Accreditations AMBA, AACSB +33 6 19 86 89 13
Type of Programme Executive MBA (Part-time) Website: www.telecom-em.eu/en/emba
18 months, comprising one kick-off seminar, 12 academic weeks in
Programme Format Paris (from Monday morning to Saturday evening, every five weeks)
and three international study tours
Content Strength or Digital Innovation, Innovation Management, Digital Strategy, Digital
Specialisation Transformation, Leadership, New Business Models
Application Deadlines Rolling
Starting Dates November; April
Exchange Programme March USA; September Europe

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EMBA SCHOOL PROFILE

Think…Out of the Box

& Create…New Opportunities
F ra n ce
Student Body

Admission Rate: 2:1

Male/Female Ratio: 60/40%
Age Range: 28-55
Average Age: 40
International Students: 25%
Toulouse Business School was founded in among Strategic Management, Digital North America: 2%
1903 in response to the needs of the local Transformation, Consulting Management, Middle East: 2%
industry. The school, one of the prestigious and Innovation & Creativity. Africa: 21%
“Grandes Ecoles de Management”, was
delivering a single unique graduate degree Next opening in November 2017 in Admission Requirements
to selected students. Responding to the Toulouse, December 2017 in Casablanca,
needs of the business community, the school January 2018 in Paris. The programme University degree:
pursued a vigorous policy of programme structure includes one seminar every four • Bachelor’s degree + 5 years of
development and diversification. Thanks to weeks (Thursday, Friday, and Saturday) and professional experience
these efforts, the Toulouse Business School is four international full - weeks (Toulouse, • Master’s degree + 3 years of
accredited by EQUIS (2001, 2004, 2009, and Paris, Barcelona, Casablanca) (one every professional experience
2014), AACSB (2003, 2009, and 2014) and its four months). The programme is developed • Exemption based on the accreditation
MBA provision earned AMBA accreditation over 18 months and through more than 500 of experience acquired
(2002, 2005, 2007, and 2012) and ranked in GMAT: Not required
hours in seminars and e-learning.
the Financial Times top 100. English tests: Not required
Three topics: References: 2 letters
Programme Presentation Minimum Length of Work Experience:
- Management fundamentals courses for
The Executive MBA (part-time), taught in a global vision 3-5 years
French and in English, combines a generalist - Specialised track and process workshops
and specialised approach, by allowing - International seminar, electives courses & Costs
participants to choose a course of application networking events.
Application Fee: EUR 150
Tuition Fees: EUR 25,000
Scholarships: EUR 5,000

Contacts
Jacques Digout
Email: : [email protected]
Telephone: +33 5 61 29 46 66
Website: www.tbs-education.fr/fr/
Programme Info: formations/mba/executive-mba
Accreditations AACSB, EQUIS, AMBA
Rankings #82 in the Financial Times EMBA Ranking 2016
Type of Programme EMBA
Programme Format Part-time
Content Strength or Digital Transformation; Strategic Management;
Specialisation Consulting Management; Innovation & Creativity
Language Courses French & English
Application Deadlines 30 September
23 November 2017 (Toulouse), 17 December 2017 (Casablanca),
Starting Dates
25 January 2018 (Paris)
Percentage of salary increase
20-30%
after graduation

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EMBA SCHOOL PROFILE

Transforming Lives, Inspiring Change

U InNited
T E R NKATi nI ON
gd Ao Lm
Admission Requirements
University degree: Applicants will
normally be expected to hold a first or
second class honours degree of a British
university or international equivalent
GMAT: Not required
English tests: IELTS – 6.5, with 7.0 in
Sofia, Bucharest, Northampton, Dubai has had strong vocational links and this
is evident in their MBA programme writing preferred. Alternatively, an English
• Gold Award Winner - UK Teaching that, while not shying away from theory, interview is conducted by a university
Excellence Framework – the highest rating strongly emphasises the practical aspects representative
possible, placing it among the elite of the of management and creating highly References: 2 recent professional or
UK’s higher education institutions. employable graduates. academic references
• Ranked in Top 50 UK University for
Business, Management and Marketing (by Programme Presentation Minimum Length of Work Experience:
subject) – Guardian University Guide 2016 2 years of managerial working experience
• Nominated by the Times Higher Education The University of Northampton Balkans
for Outstanding Business School of the year Blended Learning MBA includes university CoSTS
for 2013, 2014 and 2015: unprecedented 3 facilitated weekend workshops delivered
years in a row. (Only six UK business schools in Sofia, Bucharest, Northampton or Dubai Tuition Fees: USD 16,000, payable in
are nominated annually of the 120+ in where students discuss, debate and apply flexible monthly instalments, and includes
existence.) the concepts to their own situations. The
• Above the national average in the programme is delivered in partnership with registration, online course material, online
annual National Student Survey (NSS) with Stafford Associates, which has a proven support & online library access, university
90% overall satisfaction for Business and track record of successfully launching and admin and academic support,
Administrative Studies. supporting blended, distance and online and individual consultations
• Top 20 for International student programmes for more than 20 years. Scholarships: Up to USD 2,400
satisfaction (International Student • Duration: 18 months
Barometer Survey). • No exams - Assignment-based assessment
• UK’s No.1 University for employability • Flexible payment options - only USD 880 Contacts
(HESA) per month
• CIPS Accredited specialisation available in Alyona Ananieva
Historically, the University of Northampton Supply Chain, Procurement and Logistics. Stafford Associates
Admissions Department
Email: [email protected]
Telephone: +359 2 905 56 14
+359 878 537 576
Website: www.eu.staffordglobal.org

Programme Info:
Accreditations QAA - Quality Assurance Agency
Top 50 in the UK, Top 200 worldwide, England's #1 University for
Rankings
employability (HESA)
Type of Programme Blended Learning MBA
Blended learning with optional university facilitated workshops in So-
Programme Format fia, Bucharest, and UAE, once every 10 weeks. One optional workshop
at the university campus in the UK
Rolling admissions with no set deadlines. However, given that our
Application Deadlines programme is restricted to a limited number of students per batch, we
recommend you apply as early as possible to secure your registration
Starting Dates February, May and October

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EMBA INTERVIEW

The Enriching Blend of MBA

Experience and a Successful Career
What are the features of a Distance Chain, Procurement and Logistics and
Learning programme? receive a CIPS Accredited MBA Degree.
Distance Learning (DL) today is very
different from what it was 10-20 How is the Northampton programme
years ago. Contemporary DL business different from other DL programmes?
education demands the integration of Unlike many other programmes in the
information technology, a proper online region, the Northampton programme
portal, synchronous and asynchronous is extremely cost effective. Additionally,
support (academic), and other features having in mind that DL is a rather “lonely”
that are only available thanks to the format, we do our best to accommodate
advances of technology. A very important our students and to make them feel as
feature missing from many of today’s DL integrated as possible. That is why one of
programmes is proper administrative the main differences in our programme is
support. This type of programme can Refaat Kazoun the Blended Learning formula. Students
be very isolating and many universities and a subject matter expert get together
CEO, Stafford Associates
underestimate the importance of such for one weekend before each module
support. (University of to discuss the difficult aspects of the
Northampton Distance module, how the module relates to real
How broadly recognised is the Distance Learning Partner) business issues, and what the university
Learning MBA Degree around the world? expects to see on the module specific
One of the most common reasons why Mr Kazoun has an MBA and a Diploma assignment.
DL programmes are gaining acceptance in Mechanical Engineering Technology.
is the fact that students (almost always He has proven consulting, teaching, In terms of resources available to
training & management expertise in
medium or top-level managers) cannot a career spanning 28 years. He is a
DL students, how is the programme
afford to interrupt their careers, thus they technically sophisticated and business organised?
choose to obtain their MBA degree while savvy management professional with We have various resources available to
still working full-time. The other reason is a pioneering background reflecting our students in addition to the weekend
that a lot of the B-schools globally require strong leadership qualities coupled workshops: the immediate availability
candidates to have a certain number of with hands-on coaching and training of professors and instructors, meaning
years of work experience. So, the choice expertise. students can get help or advice via Skype,
is between quitting your job and then e-mail and other available platforms; an
obtaining a degree, or juggling the two. gather to discuss various contemporary online library; an online portal where
topics of wide interest and students can students can discuss various issues
What are the advantages of the Distance greatly benefit from the event. Also, with fellow students and instructors. As
Learning MBA programme at the there is a showcase at the end of each previously mentioned, the very important
University of Northampton? programme, where students are invited to administrative support is never more than
The MBA programme is a combination of share their projects (for instance, research a phone call away.
excellent generalist management teaching of significant value that a student has
and learning, along with additional done), so they can be noticed by a major Do you have any tips for your prospective
recognition and activities. organisation in the UK, or anywhere else candidates?
for that matter. In order to succeed you need to allocate
The university organise an annual NBS the right amount of time and to cultivate
MBA Business Event where all students Furthermore, every student has the proper study time management skills. As
are invited to participate. High-level option to pursue an MBA in General I tell all my students, the MBA gives you
keynote speakers from around the world Management or specialise in Supply as much as you put into it. □

ACCESS EMBA GUIDE 2017-2018 171

 EMBA
Listings 2017 - 2018

Highlights of Some of the Top

EMBA Programmes in the World
 Career Aims Average work
Salary percent- Women students International
Rankings Salary today (US$) progress achieved experience Accreditation(s)
age increase (%) students (%)
School name Country Costs Programme Name rank rank rank
Financial The
FT FT FT FT FT BW SD FT BW SD FT SD
Times Economist
American University in Bulgaria Bulgaria EUR 12,000 Executive MBA NEASC, NEAA
Antwerp Management School Belgium, Russia EUR 33,500 EMBA 89 152,265 32 66 76 22 73 52 AACSB, AMBA
Arizona State University: Carey China USD 85,700 Carey/SNAI EMBA 30 39 19,944 88 82 76 32 21 97 10 40 AACSB
Baylor University: Hankamer US USD 89,000 Baylor University EMBA 95 142,332 64 67 76 34 AACSB
BI Norwegian Business School/Fudan University School
China NOK 390,000 BI-Fudan MBA 39 195,681 89 44 72 59 95 81 AACSB, AMBA, EQUIS
of Management
Boston University School of Management US USD 102,000 Boston University EMBA 49 31 7 AACSB
CEIBS China RMB 628,000 CEIBS Global EMBA 13 319,126 52 12 77 32 52 18 AACSB, EQUIS
Centrum Católica Peru/Colombia USD 116,800 Global MBA 60 195,399 36 77 72 36 40 25 AACSB, AMBA, EQUIS
City University: Cass UK/UAE GBP 47,000 EMBA 31 168,312 69 19 78 32 23 15 68 10 AACSB, AMBA, EQUIS
CMH International Hospitality Management School France EUR 13,500 Executive MBA ACBSP, ECBE
EMBA-Global Americas and
Columbia/London Business School UK/US USD 186,837 8 22,751 54 48 82 32 18 42 AACSB, AMBA, EQUIS
Europe
Columbia Business School US USD 196,200 EMBA 28 15 20,377 58 18 77 35 26 41 21 89 AACSB
Copenhagen Business School Denmark DKK 390,000 CBS EMBA 50 60 147,517 44 30 76 23 40 48 38 4 AACSB, AMBA, EQUIS
Cornell University: Johnson US USD 176,104 Cornell EMBA 51 20 193,395 47 51 72 25 24 54 21 47 AACSB
Cornell University: Johnson/Queen's School of Business US/Canada USD 135,128 EMBA Americas 47 170,613 50 51 76 11 37 61 AACSB, AMBA, EQUIS
Cranfield School of Management UK GBP 32,000 Cranfield EMBA 99 31 124,834 42 89 72 26 64 48 AACSB, AMBA, EQUIS
CUHK Business School China HKD 550,000 EMBA 37 250,819 45 85 74 30 33 24 AACSB, AMBA
Duke University: Fuqua US USD 158,000 Duke MBA - Global Executive 20 25,941 33 47 77 29 14 29 33 12 AACSB
Executive MBA - Durham
Durham University Business School UK EUR 32,500 AACSB, AMBA, EQUIS
and EBS
EMLyon Business School France EUR 45,000 EMBA 87 125,251 27 10 76 24 35 66 31 7 AACSB, AMBA, EQUIS
Emory University: Goizueta US USD 101,700 Weekend EMBA 65 32 183,075 42 42 78 36 20 58 11 74 AACSB
ESA Business School Lebanon USD 35,000 Executive MBA 50 15 AMBA
ESCP Europe France, UK, Germany, Spain, Italy EUR 56,000 ESCP Europe EMBA 12 202,554 73 2 83 25 31 29 AACSB, AMBA, EQUIS
ESMT - European School of Management and Technology Germany EUR 57,500 ESMT EMBA 34 8 16,465 53 1 81 24 22 19 AACSB, AMBA, EQUIS
ESSEC/Mannheim France, Germany, Singapore EUR 49,500 ESSEC & Mannheim EMBA 45 26 145,224 46 34 76 27 50 23 90 22 6 AACSB, EQUIS
Fordham University Graduate School of Business US USD 99,750 Fordham EMBA 94 151,92 49 58 70 25 40 51 30 97 AACSB
Frankfurt School of Finance and Management Germany EUR 41,500 Frankfurt EMBA 81 139,022 38 72 82 39 43 48 AACSB, EQUIS
Fudan University School of Management China CNY 598,000 Fudan EMBA 40 236,915 68 95 72 28 5 76 AACSB, EQUIS
Georgetown University/ESADE Business School US, Spain USD 155,718 Global EMBA 33 22 20,532 38 59 77 47 30 28 75 10 4 AACSB
Georgetown University: McDonough US USD 137,820 EMBA 36 27 204,912 55 35 80 37 24 59 12 60 AACSB
Georgia Institute of Technology: Scheller College of Business US USD 79,000 EMBA 83 151,974 43 20 76 25 21 79 17 64 AACSB
Georgia State University: Robinson US USD 69,500 EMBA 156,963 33 92 66 37 55 51 AACSB, EQUIS
Grenoble Graduate School of Business France EUR 31,300 Part-time MBA 54 106,568 61 95 66 37 65 98 AACSB, AMBA, EQUIS
HEC Lausanne Switzerland CHF 34,500 EMBA 96 118,456 22 98 74 41 21 16 AMBA, EQUIS
Henley Business School UK GBP 39,500 Henley EMBA 48 36 150,299 60 33 78 30 39 50 AACSB, AMBA, EQUIS
HHL Leipzig Graduate School of Management Germany EUR 35,000 Part-time MBA 85 52 11,443 53 15 80 24 57 100 AACSB, ACQUIN
Hult International Business School UK GBP 26,400 Executive MBA 50 6 AMBA
IE Business School Spain EUR 56,200 Global EMBA 10 1 244,817 45 9 86 18 5 8 14 AACSB, AMBA, EQUIS
IESE Business School Spain, US EUR 99,000 GEMBA 11 255,542 64 79 76 20 27 3 77 13 AACSB, AMBA, EQUIS
IMD Switzerland CHF 105,000 IMD EMBA 27 272,444 43 60 73 23 2 3 AACSB, AMBA, EQUIS
Imperial College Business School UK GBP 55,000 EMBA 35 142,772 63 7 79 41 20 90 AACSB, AMBA, EQUIS
INCAE Business School Nicaragua USD 64,900 Global EMBA 52 151,660 60 96 70 30 AACSB, EQUIS
INSEAD France, Singapore, UAE EUR 114,000/USD 11,5000 INSEAD Global EMBA 4 255,233 52 16 79 23 23 4 9 13 AACSB, AMBA, EQUIS

ACCESS EMBA GUIDE 2017-2018

International University of Monaco Monaco EUR 23,100 IUM Executive MBA Online AMBA

173
EMBA LISTINGS
 EMBA LISTINGS

174
Career Aims Average work
Salary percent- Women students International
Rankings Salary today (US$) progress achieved experience Accreditation(s)
age increase (%) students (%)
School name Country Costs Programme Name rank rank rank
Financial The
FT FT FT FT FT BW SD FT BW SD FT SD
Times Economist
Kedge Business School France, China EUR 37,000 Kedge-SJTU Global MBA 22 197,229 103 5 79 49 35 60 99 14 AACSB, AMBA, EQUIS
AACSB, EQUIS, FIBAA
Kellogg/HKUST Business School China USD 166,200 Kellogg-HKUST EMBA 1 11 408,431 39 14 78 28 30 11 93 2 5
Premium
Kellogg/WHU Beisheim Germany EUR 79,000 Kellogg-WHU EMBA 26 3 182,078 55 5 82 12 16 75 32 8 AACSB, EQUIS
Kellogg/York University: Schulich Canada CAD 120,000 Kellogg-Schulich EMBA 21 5 185,792 58 11 79 43 67 35 AACSB, EQUIS, AMBA
Kellogg/York University: Schulich Canada CAD 120,000 Kellogg-Schulich EMBA 25 5 167,343 51 45 80 33 6 39 AACSB, EQUIS, AMBA
AACSB, EQUIS, FIBAA
Kellogg/HKUST Business School China HKD 1,269,000 Kellogg-HKUST EMBA 2 11 408,431 39 14 78 28 30 11 93 2 5
Premium
Kellogg/WHU Beisheim Germany EUR 79,000 Kellogg-WHU EMBA 20 6 182,078 55 5 82 12 16 75 32 8 AACSB, EQUIS
Koç University Graduate School of Business Turkey TRY 71,000 EMBA 59 157,096 58 46 72 23 77 72 AMBA, EQUIS
Korea University Business School South Korea KRW 100,000 EMBA 27 246,492 92 69 79 6 97 58 AACSB, EQUIS
Kozminski University Poland USD 14,400 EMBA 61 144,509 70 49 73 39 67 80 AACSB, AMBA, EQUIS
Lancaster University Management School UK GBP 20,000 EMBA AACSB, EQUIS, AMBA
London Business School UK, UAE GBP 72,795 EMBA 19 181,083 41 23 77 20 1 30 AACSB, AMBA, EQUIS
Lorange Institute of Business Zurich Switzerland CHF 90,000 Dual Executive MBA AMBA, EPAS, EDUQUA
Louvain School of Management Belgium EUR 30,000 International Executive MBA EQUIS, CEMS, PIM
Michigan State University: Broad US USD 69,000 EMBA 72 46 144,484 48 41 70 30 68 91 AACSB
Nanyang Business School Singapore SGD 95,000 Nanyang EMBA 10 242,328 65 12 75 17 24 41 AACSB, EQUIS
National Sun Yat-sen University Taiwan TWD 540,000 EMBA 64 161,504 61 71 77 30 90 93 AACSB, AMBA
National University of Singapore Business School Singapore SGD 95,000 NUS Asia-Pacific EMBA 25 29 233,946 51 51 75 27 35 12 17 5 AACSB
New York University: Stern US USD 177,800 NYU Stern EMBA 33 17 208,765 39 52 69 35 36 67 AACSB
Northwestern University: Kellogg US USD 187,290 Kellogg EMBA 22 3 239,190 53 48 78 23 92 33 AACSB
Ohio State University: Fisher US USD 115,000 Fisher EMBA 30 25 9 AACSB
China, Netherlands, US, Brazil, OneMBA: Xiamen/RSM/UNC/
OneMBA USD 112,270 34 185,718 64 62 77 23 42 28 AACSB
Mexico FGV São Paulo/Egade
Pepperdine University, Graziadio School of Business
US EMBA 38 3 AACSB
& Management
Queen's University: Smith Canada CAD 98,000 Queen's EMBA 67 130,543 45 70 72 36 53 78 AACSB, EQUIS
Renmin University of China School of Business China EMBA EQUIS
Rice University: Jones US USD 115,000 Rice MBA for Executives 40 28 223,307 49 64 81 15 25 43 AACSB
Rotterdam School of Management, Erasmus University Netherlands EUR 49,000 EMBA 60 121,885 45 60 71 28 30 66 AACSB, AMBA, EQUIS
Rutgers Business School US USD 23,010 Rutgers EMBA 80 160,492 43 32 73 32 72 85 AACSB
Sabanci University School of Management Turkey TRY 69,000 Sabanci EMBA 92 132,781 34 76 69 19 83 92 AACSB
SDA Bocconi Italy EUR 60,000 EMBA 64 141,858 51 79 70 23 93 62 10 AACSB, AMBA, EQUIS
Shanghai Jiao Tong University: Antai China CNY 1,500 Antai EMBA 10 292,525 92 63 75 25 94 71 AACSB, AMBA, EQUIS
SKEMA Business School Europe EUR 32,000 Executive MBA 25 5 AACSB, EQUIS
SMU: Cox US USD 115,575 SMU Cox EMBA 71 13 172,140 36 11 76 23 62 55 AACSB
Stockholm School of Economics Sweden SEK 465,000 SSE MBA 78 127,340 45 67 75 34 35 36 EQUIS
Télécom École de Management France EUR 40,000 Executive MBA 24 37 15 AACSB, AMBA
Temple University: Fox US USD 94,992 Fox EMBA 45 AACSB
Texas A & M University: Mays US USD 86,000 Texas A&M EMBA 64 183,076 36 35 75 16 69 23 AACSB
Thunderbird School of Global Management US USD 125,000 EMBA 7 31 31 AACSB
Tias Business School Netherlands EUR 42,500 EMBA 73 62 111,017 45 44 74 32 50 83 AACSB, AMBA
Tongji University/ENPC China CNY 12,8000 Shanghai International MBA 57 149,743 86 80 71 42 82 76 AMBA
Toulouse Business School France EUR 25,000 TBS EMBA 97 128,963 46 98 64 22 81 27 AACSB, AMBA, EQUIS
Trinity College Dublin Ireland EUR 15,000 Part-time MBA Programme 59 43 7 AACSB,AMBA
Trium: HEC Paris/LSE/New York University: Stern France, UK, US USD 169,500 Trium Global EMBA 3 283,830 49 42 82 27 7 1 AACSB, AMBA, EQUIS
Tsinghua University/INSEAD China, Singapore, UAE, France USD 125,000 Tsinghua-INSEAD EMBA 1 324,115 80 2 81 18 19 4 AACSB, AMBA, EQUIS
 Career Aims Average work
Salary percent- Women students International
Rankings Salary today (US$) progress achieved experience Accreditation(s)
age increase (%) students (%)
School name Country Costs Programme Name rank rank rank
Financial The
FT FT FT FT FT BW SD FT BW SD FT SD
Times Economist
Tulane University: Freeman US USD 85,000 EMBA 76 157,588 42 83 70 44 76 87 AACSB
UCLA: Anderson US USD 70,700 EMBA 42 19 187,862 37 68 77 27 56 40 AACSB, EQUIS
UCLA: Anderson/National University of Singapore US, Singapore USD 112,940 UCLA-NUS EMBA 5 4 250,956 53 19 82 24 8 5 AACSB, EQUIS
University College Dublin: Smurfit Ireland EUR 15,350 Smurfit EMBA 82 55 115,898 48 97 76 19 70 56 AACSB, AMBA, EQUIS
University of Alberta/University of Calgary: Haskayne Canada CAD 67,000 Alberta / Haskayne EMBA 91 134,896 36 82 75 27 61 69 AACSB
University of California at Irvine: Merage US USD 109,914 EMBA 21 5 AACSB
University of Cambridge: Judge UK GBP 63,960 Cambridge EMBA 24 196,939 55 7 79 18 10 14 AMBA, EQUIS
University of Chicago: Booth US, UK, China USD 179,000 EMBA 12 9 231,232 51 28 75 24 9 35 AACSB
University of Hong Kong/Fudan University School
China CNY 298,000 HKU-Fudan IMBA 58 128,390 88 66 71 53 97 94 AACSB, EQUIS
of Management
University of Houston: Bauer US USD 74,700 EMBA AACSB
University of Illinois at Urbana-Champaign US USD 97,000 Illinois EMBA AACSB
University of Leicester UK GBP 14,105 Blended Learning MBA AMBA
University of Liverpool - Laureate Online Education UK EUR 28,500 Online MBA  AACSB
University of Maryland: Smith School of Business US USD 119,500 Smith EMBA 39 24 177,861 41 6 83 23 86 46 AACSB
University of Miami School of Business Administration US USD 111,800 Miami EMBA 40 AACSB
University of Michigan: Ross US USD 144,200 EMBA 43 16 203,326 42 78 74 19 74 57 AACSB
University of Minnesota: Carlson US USD 55,750 Carlson EMBA AACSB
University of North Carolina, Chapel Hill Kenan-Flagler
US USD 112,270 EMBA 28 15 AACSB
Business School
UK, UAE, Qatar, Lebanon, Saudi Association of Business
University of Northampton GBP 10,080 Executive MBA
Arabia Schools
The Notre Dame Executive
University of Notre Dame: Mendoza College of Business US USD 129,000 19 2 AACSB
MBA
University of Oxford: Saïd UK GBP 72,094 Oxford EMBA 9 2 229,205 73 15 83 24 31 14 95 15 6 AMBA, EQUIS
University of Pennsylvania: Wharton US USD 192,900 Wharton MBA for Executives 14 208,412 54 20 75 28 45 86 AACSB
University of Pittsburgh: Katz US, Brazil, Czech Republic USD 80,000 EMBA Worldwide 51 53 192,391 42 61 71 25 44 44 AACSB
University of Pretoria, Gibs South Africa ZAR 198,500 Modular & Part-t ime MBA 87 190,343 51 65 70 36 89 88 AMBA
University of Rochester: Simon US, Switzerland USD 98,200 EMBA 93 126,336 38 89 75 34 70 49 AACSB
University of Southern California: Marshall School of Business US USD 136,000 USC Marshall Executive MBA 22 2 AACSB
University of St. Gallen Switzerland CHF 67,000 EMBA HSG 41 159,327 47 4 82 27 63 20 12 AACSB, EQUIS
UK, Switzerland, Greece, UAE,
University of Strathclyde Business School GBP 28,000 Strathclyde EMBA 50 37 152,953 63 43 72 24 13 63 AACSB, AMBA, EQUIS
Bahrain, Oman
University of Texas at Austin: McCombs US USD 113,408 Texas EMBA 75 18 150,792 40 86 75 19 87 84 AACSB
University of Texas at Dallas: Jindal US USD 85,000 EMBA 32 16 AACSB
University of Toronto: Rotman Canada CAD 111,000 Rotman EMBA 47 136,270 31 57 73 29 38 34 AACSB
University of Utah: Eccles School of Business US USD 79,000 EMBA 83 142,754 41 96 76 33 91 59 AACSB
University of Virginia: Darden School of Business US USD 145,000 Darden MBA 16 9 AACSB
University of Washington: Foster US USD 100,500 EMBA 69 166,122 32 87 70 31 85 75 AACSB, EQUIS
University of Zurich Switzerland CHF 65,000 Zurich EMBA 56 127,961 34 8 79 26 49 21 AACSB, EQUIS
Vanderbilt University: Owen US USD 49,950 Vanderbilt EMBA 70 42 135,938 62 100 79 31 29 80 8 95 AACSB
Vlerick Business School Belgium EUR 38,995 EMBA 73 121,022 55 16 74 20 43 73 AACSB, AMBA, EQUIS
Warwick Business School UK GBP 40,500 Warwick EMBA 21 154,471 92 10 76 24 27 65 AACSB, AMBA, EQUIS
Washington University, St. Louis: Olin Business School US USD 123,500 Olin’s Executive MBA 38 AACSB
Washington University: Olin/Fudan University School of
China CNY 600,000 Washington - Fudan EMBA 6 299,932 49 58 74 37 47 11 AACSB
Management
Western University: Ivey Canada, China CAD 102,000 Ivey EMBA 53 174,456 41 74 74 25 46 37 EQUIS
WU (Vienna University of Economics and Business)/University
Austria EUR 45,200 Global EMBA 44 168,022 35 54 78 15 30 17 7 12 AACSB, AMBA, EQUIS
of Minnesota: Carlson

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Yale School of Management US USD 167,000 Yale MBA for Executives 10 AACSB
Yonsei University School of Business South Korea KRW 51,750,000 EMBA 45 237,864 62 81 72 15 97 96 AACSB, EQUIS, KABEA

Notes: 1. FT - The Financial Times 2016 3. BW - Bloomberg Businessweek 2016 5. Salary today - Average salary three years after graduation 7. Career progress - Changes in career after the EMBA
2. The Economist 2015 4. SD - School Data 2017 6. Salary increase - Salary increase after EMBA studies 8. Aims achieved - The level at which the alumni fulfilled their purpose of doing an EMBA

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