Executive MBA 2015 Nov

Executive MBA 2015

NOV

China focus - Rising East gives EMBAs Asian hue - New lineup in world rankings - Scholarship options and course directory

www.educationpost.com.hk/im-nov15

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CONTENTS Event: EMBA Council Conference 2015

4

EMBAs gaining popularity in globalising world Ginn Fung

Trends

10

Talking to the top

18

Business education gets out of the classroom Vickie Chan

China’s rise gives EMBAs an Asian flavour Ginn Fung

Scholarship Ranking

14

22

A quick reference to some of the world’s top programmes

26

Programme Directory

Revealing the new order Staff reporter

Inside MBA is published by Education Post, South China Morning Post Publishers Ltd. All rights reserved.

ISBN: 978-962-8148-48-6

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Event

EMBAs gaining popularity in globalising world

Q&A

Michael Desiderio

MD: M ichael Desiderio, Executive Director,

Executive MBA Council GF: Ginn Fung, Editor, Education Post, SCMP GF: What insights did you gain about EMBA programmes from your latest Student Exit Benchmarking Survey?

MD: One of the things we like to mention when we’re talking about EMBAs is who is sitting in the classroom. It’s something that differentiates an EMBA from other MBA programmes. Full-time MBA students are usually much younger than EMBA students, and have less work experience. The professor at the front of the room is still important, but so is the sharing that goes on among the folks in the class. The people in the classroom are part of what makes an EMBA valuable.

There are also some statistics concerning salaries in the survey. On average, people get a 16.8 per cent raise after taking the course. That doesn’t mean everybody is getting a raise, as it’s an average salary increase taken from 2,300 students. It speaks to the value of the degree.

GF: What is the benefit of studying for an EMBA? MD: Put the salary increases and promotions aside for a moment. They are tangible, but there is also something bigger,

The EMBA Council Conference was held in Singapore this year.

which is the result of bring together anything from 40 to 60 people. When you go into an EMBA programme, you are often in a very diverse group. We put marketing executives, executives from non-profits, technology executives, publishers, all in the same room. We immerse them in an environment and hand them a business case to work through together. Our alumni have told us this is not something you can do anywhere else. It has an extreme value.

At the other end of the spectrum, some programmes are hyper-focused on a specific market. For instance, there is a programme in the US that’s fully focused on the wine industry. These kind of programmes work because some people are looking for something in a very narrow niche.

a global emba ...

SHAKES YOU up, and you get to know the culture

GF: Do you think that more schools will open in China, or form local partnerships with schools there? Going international seems to be a trend.

MD: Most EMBA programmes, regardless of where they are located, involve an experiential where they take managers and executives and immerse them in a place away from where the programme is running. They’ll go there for seven to 10 days. It’s more than just going to France to drink wine and eat cheese. It’s about going to visit a business, and that is valuable. Global EMBA programmes are another thing. In these, partner schools move the executives around. They might go to Spain for a week, then Beijing, then somewhere in the US. A global EMBA programme immerses people in a different place for around four weeks. It shakes you up, and you get to know the culture. It is easy to read about how business is done in China, but it’s a different thing to spend some

Executive MBA 2015

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Event

time with Chinese businesses. These global EMBA programmes are picking up steam and gaining popularity. More schools are thinking about them as the world goes global.

GF: What do you see as the next big thing for the curriculum?

Big data?

MD: It’s a great question and we are still trying to figure that out.

I don’t see core courses changing any time soon. If you are going to get an MBA, you are probably going to have to study a core of finance, accounting, and marketing. But what other stuff will be wrapped around it? You mentioned business analytics. Well, can you teach that to executives who have been working for 14 years, if they don’t already have that skill set? Can you turn them into experts, or is it about making them aware of it so that they hire experts? We are looking into that, and I expect to have more of an answer about analytics in six months’ time. As for the the next big thing for EMBA, I’m not sure what it is. What we need to do as an industry is listen. I look for signals from the business community.

We take our cue from them.

GF: What signals are you getting from them now?

MD: People are always asking us to do more to shore up leadership skills. That is a nebulous topic. You can train people to do hardcore accounting – debits, credits, and balance sheets. But there’s an argument around whether leadership skills can be taught, as some say they have to be learned on the job. We have a long history of integrating leadership into EMBA programmes, and I don’t see that going away.

GF: What does the Executive MBA Council consist of?

MD: We are an association of business schools that offer EMBA programmes exclusively. We have 232 business schools in 40 countries that offer 330 EMBA programmes. We are very fortunate.

We have been experiencing continued growth, meaning that new schools have been joining us. It is such a privilege to be here in Asia for the first time with this conference. It has gone extremely well, and the local schools have helped us immensely. When you go to a new place with a big show like the Executive MBA Council Conference, you never know if people are going to support you.

But they have.

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Kellogg-HKUST Executive MBA Program

Programme Summary Ranked No. 1 in the world for 6 times in the past 9 years by the Financial Times, the Kellogg-HKUST Executive Master in Business Administration Program capitalizes on the strengths of the Kellogg School of Management and the HKUST Business School. Participants not only learn from top-notch faculty but also from a student body with extremely diverse backgrounds, industries, and nationalities.

The program creates a unique and truly exceptional environment, in which top-notch professors from the world’s leading business schools share their insights with an elite group of executive participants. Each year, our seven strategic global locations become home to students who have already proven themselves in their chosen fields of business endeavors. Typically, these participants are looking to be challenged further, and to interact with like-minded individuals from around the globe who share their business ambitions and their appetite for success.

Ranking No. 1 in the world for 6 times in the past 9 years No. 2 EMBA program in the world (2015) (Source: 2007 – 2015 EMBA Survey by the Financial Times) Programme Schedule The program starts with one live-in week at HKUST, followed by 10 monthly modules. Each module has 2 consecutive weekends (from Friday afternoons to Sundays). In the course, participants have to take 2 consecutive live-in weeks at the Kellogg campus and a oneweek global elective at one of our sister campuses.

Program Commencement January 2016 Mode of Delivery Part-time

Contact: Kellogg-HKUST Executive MBA Program HKUST Business School Lee Shau Kee Business Building

Duration of Programme 18 months

Hong Kong University of Science and

Language of Instruction English

Clear Water Bay, Kowloon, Hong Kong

Programme Fee HK$ 1,250,000/ US$ 161,200 for 2016 intake

Technology Tel: (852) 2358 4180 Email: emba@ust.hk www.emba.ust.hk

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10

Trends

China’s rise gives EMBAs an Asian flavour Text: Ginn Fung Photo: Reuters

The rising power of China’s economy, the world’s second largest, means that business schools around the world are putting an Asian emphasis on their executive MBA programmes. Schools and universities in Europe and North America are seeking links with colleges in Asia, to add an Asian flavour to the courses they offer students who are keen to exploit the new opportunities in the east.

Schools taking part in the Executive MBA Council Conference in Singapore, which took place October 25 to 28, demonstrated a growing interest in forging links with Asia’s dynamic economies.

Håkan Ericson is managing director of the school of executive education at the school of business, economics and law at Sweden’s University of Gothenburg, which has a longstanding co-operation with Asian colleges, including Zhejiang University in Hangzhou and Shanghai Jiao Tong University.

Håkan Ericson

“We do exchanges,” Ericson says. “We exchange students, and we exchange professors. We have chosen to integrate this into our executive and day programme by sending our participants in groups of 20 to 25 for a 10-day residency. They go to Hangzhou and Shanghai for five days each. Sweden is a small economy which is highly dependent on trade and an openness to the world. We feel that acquiring a profound understanding of emerging markets is vital for any Executive MBA, and will continue to be so for many years.”

Ericson says the students relish the opportunity to experience Chinese business culture, and Chinese culture in general. “I went with a law cohort in April this year, and spent the whole 10 days with them,” he says. “They get to see Chinese faculty professors lecturing, and we also do field trips. We go to Chinese companies to understand how they operate, and find out how those operations

Executive MBA 2015

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Trends

might impact Swedish multinational companies, or Swedish local companies.”

Ericson says that some of the students are entrepreneurs. “Our cohorts reflect the nature of regional business in Gothenburg. On the one hand, we have big companies producing cars, trucks, roller ball bearings, and pharmaceuticals. We have Volvo, which is now owned by Geely in Hangzhou, and AstraZeneca, the UK-Swedish pharmaceuticals company. On the other hand, we have medium-sized companies, and also some entrepreneurs. So we have a good blend.”

Ericson says some of the students enrol on the EMBA programme because they have an interest in Asia. “This year, in the latest cohort, we have a guy who lives in Stockholm, the Swedish capital. There are executive MBA programmes available there, but he chose to travel to Gothenburg because of the Asian flavour of our programme, and that is very rewarding for us.”

Ericson adds that the school is about to venture into areas which are the focus of the EMBA Council conference, including co-delivery and co-operation.

“It’s not quite official yet, but we are looking at co-operating, even at EMBA level, with another university in opening up parts of the curriculum as open courses for students to pick and choose,” he says.

But Ericson stresses that the school is keen to maintain a Nordic focus in its EMBA programme, to balance the Asia emphasis.

“We believe that, in firming up, we will definitely keep the Asian focus of our programme, but we will also keep the Nordic focus.

We think that is interesting too. The Nordic-Asian balance is important to us. What characterises the Nordic cultures is design, entrepreneurship, innovation, corporate social responsibility, and intellectual property management, which are areas where we are strong in research at our school. We let that reflect the way we design the executive MBA programme.”

Elmer Almachar, director, Executive MBA Program, at Kellogg School of Management, in the US, is another firm believer in forging strong Asian links.

WE ARE LOOKING FOR WAYS TO INCREASE AND CREATE VALUE IN THE ASIAN REGION FOR ALL OF OUR STUDENTS

The Kellogg EMBA is run in conjunction with schools around the world, including Hong Kong University of Science and Technology (HKUST) business school. This year it retained second place in the Financial Times Executive MBA rankings.

Elmer Almachar

“Asia is hugely important. China is hugely important,” Almachar says. “One of the things that we have learned is how much of a driver China is going to be in the development of the Asian region.

“If you run the numbers, you can see that the number of programmes that have started in Asia in the last 25 years has increased by about sixfold. Meanwhile, in North America the increase has been about 1.5. So there is a definite shift into the Asian region. I think from the Kellogg perspective; we are always looking to create value for the students. Because Asia is such an important part of what the new global economy is going to look like in the 21st century, we are looking for ways to increase and create value in the Asian region for all of our students.

“When we first started these partnerships some 20 years ago, it was with the implicit recognition that the world would have to be interconnected. So every successive new partner has brought something new to Kellogg, and to the experience that our students have,” Almachar says.

“So, in some ways, the direction we are going in is part of what we have always been doing. In the past 20 years we have been so much more global,” Almachar adds. “I can’t think of another set of partnerships that spans the globe. There are logistical challenges to that. We are talking about partners in Europe and Israel, HKUST, and the US – we also have a campus in Miami. That adds up to a tremendous amount of experience available to our students. And it’s all layered.

“It’s all about the exchange. In some ways, it is exactly what this conference [EMBA Council Conference] is about. That is, the interaction between all these diverse perspectives in a culture and an atmosphere which is really about engagement and sharing, and living with each other. That is the direction that Kellogg is going in. We are going to become even more global in some ways, and continue that tradition,” says Almachar.

Executive MBA 2015

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Ranking

Revealing the new order Text: Staff reporter

The Kellogg-HKUST (Hong Kong University of Science and Technology) Business School EMBA has retained the number two spot in the 2015 Financial Times Executive MBA rankings.

The new champion is the Tsinghua-Insead EMBA, known as the Tiemba, taught on Tsinghua’s Beijing campus and in France, Singapore, and the United Arab Emirates. It is the first programme including a mainland business school to occupy the top position, having wrested it from the Trium Global EMBA, offered in France, the United Kingdom and the United States, However, the Kellogg-HKUST EMBA was top for the highest average salary earned by alumni, at US$408,431, compared to US$324,115 for the Tiemba, the runner-up.

Kellogg-HKUST, which topped the 2013 FT world rankings, came second for work experience behind the Trium Global EMBA. For the fourth year in a row, the top five places in the rankings were held by the same five intercontinental EMBAs, with the EM-

Kellogg/HKUST EMBA still number two and tops salary ranking

BA-Global Americas and Europe programme offered by Columbia and the London Business School, and the UCLA-NUS run in the US and Singapore by UCLA: Anderson and the National University of Singapore, in fourth and fifth spot respectively.

Two newcomers to the top 10 were the Global EMBA run by Spain’s IE Business School, and the Oxford EMBA taught by the University of Oxford: Saïd, which were eighth and nine respectively, with the Oxford programme having jumped 11 places on last year. Another newcomer was the programme run by Shanghai Jiao Tong University: Antai, which was joint 10th with Singapore’s Nanyang Business School.

The University of Chicago: Booth EMBA, which is also taught in London and Hong Kong, fell one place to twelfth spot.

Further down the rankings, the CUHK (Chinese University of Hong Kong) Business School EMBA came 31st, down seven places on last year, while the HKU-Fudan IMBA offered by the University of Hong Kong, finished 58th, a drop of nine places.

Executive Inside MBA MBA 2015

Ranking

16

2015 2014

School name

1

3

Tsinghua University/Insead

2

2

Kellogg/HKUST Business School

3

1

Trium: HEC Paris/LSE/New York University: Stern

4

5

Columbia/London Business School

5

4

UCLA: Anderson/National University of Singapore

6

7

Washington University: Olin

7

9

Insead

8

13

IE Business School

9

21

University of Oxford: Saïd

10=

8

Nanyang Business School

10=

17

Shanghai Jiao Tong University: Antai Source: FT

The FT EMBA ranking rates the best 100 programmes worldwide for working senior executives. The rankings are based on a survey of business schools as well as students who graduated in 2012. The data measures how successful alumni have been in their careers in terms of salary, seniority and achievements.

Overall, starting a company ranked lowest among the reasons cited for undertaking an EMBA. Instead, students’ main motivating factors were learning about management, networking and boosting earnings, although 26 per cent had started their own company during their EMBA or since graduating.

A whopping 93 per cent rated their new skills as important or very important in their decision. Another key factor to EMBA entrepreneurs was the support of their school and alumni network, with around three in four considering both to be helpful or very helpful.

Entrepreneurs in Asia and Oceania seem to be the most successful, with 48 per cent earning most of their income from their company, as well as earning the highest salary – an average of US$251,000.

main motivating factors were learning about management, networking and boosting salary

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Global finance centres offer EMBA-Global Asia students triple boost

The majority of the programme’s core course block weeks are in Hong Kong with additional blocks in New York, London and a final week in Shanghai. Faculty from all three schools fly to each city along with the students. In the second year, there is a required international seminar, which might be in Europe, South Africa, South America or elsewhere. And when it comes to picking seven electives, the choice can be from any of the topics and locations offered by each of the three schools from their various MBA and EMBA programmes.

John Cremer

By simply being able to draw on the resources of three leading business schools in the world’s top three financial centres, the EMBA-Global Asia offers something special.

From the outset, high-flying executives signing up for the programme know they will get first-rate teaching from faculty members who are experts in their respective fields, along with a wide choice of electives, challenging international assignments, and great networking opportunities.

But the programme, which is run by the University of Hong Kong (HKU) Business School in partnership with London Business School and New York’s Columbia Business School, is also constantly evolving to keep pace with the times and respond to issues of increasing importance to the wider community.

“Things change so quickly, so in each course or elective, teachers make a point of bringing in the latest trends and themes,” says Dave Evers, Director of Admissions and Business Development for the EMBA-Global Asia programme. “Those might relate to management practices, the regulatory environment, social responsibility, technology, or business ethics. Besides which, the diversity of backgrounds and nationalities in each cohort, as well as the chance to spend time with groups in other cities, means there are tremendous opportunities to learn about the latest developments in different industries from classmates and new acquaintances.”

In the first year of the 20-month programme, students take 12 core courses covering subjects that range from finance and marketing to organisational structure and strategy. Early on, one course on executive leadership deals with communication skills and teamwork includes a 360-degree survey to ensure that, when formed into study groups, individuals can quickly build understanding and cooperate effectively.

Some students may opt to do most of their electives in one city, with a particular emphasis on finance, entrepreneurship, or Asia-related topics. Others, though, will prefer to mix and match, taking advantage of the chance to branch out and broaden their scope.

“With the contacts and resources at our disposal, we can also invite senior executives of leading multinationals and other influential figures to discuss the issues of the day in a neutral environment,” Evers says. “Such people can talk openly if they know they are “off the record” and will give thoughtful and original perspectives on what is happening in the world today.”

The class size for the EMBA-Global Asia is capped at 50, with a view to giving all students the opportunity to speak up in discussions and participate fully.

One objective of the discussion is to get students to see that business is not just about making money and increasing profits. It should also be about giving something back to society and being prepared to address issues like inequality and the problems associated with capitalism.

The next intake will start classes in May 2016, but anyone interested in applying should be taking steps in the next few weeks to meet the initial December 31 scholarship deadline. Regular information sessions provide a chance to meet faculty members, current students and alumni, and staff overseeing the admissions process. Some scholarships are available for self-funded candidates who do not benefit from company sponsorship.

“You need to commit to the first year and get through the core courses,” Evers says. “But, if extra time is needed to complete the electives, then we can allow up to five years from the date you were admitted.”

Recently, the programme has also made a commitment to offer more career services, recognising that a fair proportion of students take the EMBA-Global Asia with an eye to a career switch or a major change of direction.

Students now have access to a special LinkedIn site and, if looking for a new role in another part of the world, can get job-search support from any of the three schools.

“Everyone taking the programme becomes part of a huge alumni network, which is growing fast in Asia,” Evers says.

“There are also regular social events to help bring people together.”

Programme: EMBA-Global Asia Institutes: London Business School, Columbia Business

School and The University of Hong Kong Date of Commencement: May 2016 Deadlines: Round 1- 31 December 2015

(scholarship deadline)

Round 2- 15 February 2016

Round 3- 31 March 2016 Tel: 3962 1262 Email: asia@emba-global.com Website:

http://www.emba-global.com/asia/

18 18

Talking to the top

Alan White, MIT Sloan School of Management

Business education gets out of the classroom Text: Vickie Chan Photo: Jonathan Wong That China has changed a lot in the last two decades isn’t hard-hitting news. But in that time, business has changed immensely too, from the way we do it, to the kind of companies on the market and what makes them successful.

This year, MIT Sloan School of Management is celebrating 20 years of experience in the MIT-China Management Education Project. To mark the occasion, Alan White, Senior Associate Dean Emeritus and Senior Lecturer Emeritus, speaks about his experience in the changing landscape of business education and how China – and the world – are evolving.

“Education can add value to your career at many stages throughout your life,” says White, who believes leadership potential can always be improved with management training. The MIT Sloan School of Management offers various courses, from an MBA or MFin that suits graduates and those in their early 30s, to a mid-career programme such as the EMBA, which attracts those in their late 30s and early 40s.

There are obvious advantages to business education, with networking at the top of the list. White advises that diversity will always help you to stand out. Yet despite the slew of skills that many attribute to their MBA experiences, such as understanding strategy or accounting better, White has another idea. “Business education is something you do, not something that happens.” And he doesn’t mean that there are advantages in actively pursuing education; he means get out of the classroom. Business education is no longer a classroom experience.

Part of MIT Sloan School of Management’s experience includes consulting assignments under the mentorship of a faculty member.

In the Lab project, MIT Sloan students partner with international MBA students from five partner schools to address business issues at host companies in China. The teams visit the companies each spring to work on-site with their Chinese IMBA teammates. Likewise, the Chinese IMBA students spend a week at MIT Sloan. “We believe that education should stick. If it’s action oriented it can have a real impact,” White says.

business education is something you do, not something that happens

About 4 per cent of MIT Sloan School of Management’s MBA students are from mainland China, while a stunning 52 per cent make up the MFin programme. White is impressed by how fast things have changed in China over the past 20 years. The change is reflected in the development and adjustment of course structures with partner universities Fudan University, Lingnan (University) College at Sun Yat-sen University, Tsinghua University and Yunnan University.

The most important trend White has experienced in business education has hit home in China, too. “Globalisation is so important.

In education, it’s about communication, being able to think outside your country – as a business – even if your target market is local,” he says. With entry barriers lower – and competition much higher – White says every business has the potential to be global – and so does education.

And although education opportunities between Asia and the west are levelling, White believes globalisation might hugely increase the number of expats working overseas. “Imagine an international marketplace of talent where nationality is irrelevant. I think globalisation will move people around, and that will be considered desirable.”

Executive Inside MBA MBA 2015

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Talking to the top

Meanwhile, entrepreneurship is an important trend that is proving challenging to business education. While MIT’s engineering and business students benefit from one another’s expertise, publicised success stories like Apple and Google – or Dropbox, the cloud storage company that developed out of MIT, and was valued at US$10 million over a year ago – have changed the way graduates from around the world think. “People are less oriented towards a corporate culture, they want independence instead of a single career for their whole lives,” White says.

The difficulty is that there are no academic rules for teaching entrepreneurship – or leadership. “It’s not about being trained – so we rely on outside speakers with experience to come in. It’s another reason for experiential learning,” White explains, adding that while China is ripe for entrepreneurs, opportunities are lacking.

Changes like this show that schools are led by markets – having to interpret and then change curriculum accordingly – otherwise management education could lose its importance. And institutions have to keep up with demand from students.

If anything is preventing Chinese universities from catching up with schools like MIT, it’s the model they’re run on and not a lack of facilities. “China inherited a Russian model where research is done in academies and not in faculties,” White explains. “The faculty are so busy teaching that they can fall behind in their knowledge because they aren’t out living and working in the real world.”

In the west, faculties have a lot of power and, effectively, administration is there to serve the faculty. In China, it’s the other way around. “If you don’t have a research-based faculty you won’t have a truly global school,” White states, adding that in China universities rely on outside speakers to communicate this understanding to students.

Nonetheless, White’s advice for those who want to make a move is experiential. “The field is more level, especially between east and west, so I would advise you to get as much experience as you can in the environment you’re going into – not just in education – before you go for the job.”

If you don’t have a research-based faculty you won’t have a global school

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22

Scholarship

Illustration: Shutterstock

A quick reference to some of the world’s top programmes EMBA helps entrepreneurs and executives boost their knowledge and social networking. Yet it is by no means cheap, and this is why many people hesitate, or even rule out taking it and look instead for other alternatives, if they are not financed by employers.

However, the good news is that, according to a recent report by the EMBA Council, more than 50 per cent of EMBA programmes worldwide do provide scholarships or fellowships. For your reference, the list below includes some of the world’s most popular and well-known programmes.

Trium: HEC Paris / LSE / New York University: Stern Scholarship Name

Amount

Conditions

Audience

TRIUM Scholarship For UN Staff Members

Up to 50% of tuition

Open to all candidates, with priority given to women from developing countries with at least 15 years’ professional experience.

UN Staff

Kellogg / HKUST Business School Scholarship Name

Amount

Conditions

Audience

Scholarship for Leaders from Nonprofit Organisations

Must have strong background and interest in NPO work.

Required to remain in nonprofit sector for an agreed period after graduation.

Nonprofit

Scholarship for Entrepreneurs

Awarded to candidates who show entrepreneurial spirit and have been involved in setting up their own business.

Entrepreneurs

Scholarship for Leaders in Emerging Market

Must be from an economy classed as an emerging market, show history of high academic achievement.

Emerging Countries

Scholarship for Women

For female candidates demonstrating leadership potential, with track record of increasing gender diversity.

Women

Conditions

Audience

Ideal candidates are senior directors at qualified nonprofit organisations.

UN Staff

Washington University: Olin Scholarship Name

Amount

Nonprofit Scholarships

Nanyang Business School Scholarship Name

Amount

Conditions

Audience

Aviation & Air Transport Track

Up to S$30,000

Singaporean residents from qualifying companies that derive at least 30% of revenue from aviation.

Singapore/Aviation

Shipping & Offshore Management Track

Up to S$40,000

Singapore residents working in maritime-related entities.

Singapore/Maritime

Scholarship Name

Amount

Conditions

Audience

ADEC Executive Fellows Fund

Up to US$30,000

Must be self-financed and accepted.

All

INSEAD GEMBA Scholarship for Women

Awarded to women for significant achievements in their professional lives

Women

INSEAD GEMBA Scholarship for National Diversity

Must be self-financed. Preference given to those from emerging and developing countries.

Emerging Countries

INSEAD GEMBA Scholarship for Public Diversity

Merit-based for accepted candidates working in NGOs, government, nonprofit and educational institutions.

Nonprofit

INSEAD GEMBA

For accepted candidates who demonstrate significant difficulty in raising finances for the programme.

INSEAD

CEIBS Scholarship Name

Amount

Conditions

Audience

Global EMBA Public Service Scholarship

Up to 30% of tuition

Must be working for NGOs, government or nonprofit

Nonprofit

Global EMBA Entrepreneur Scholarship

Up to 30% of tuition

Must have shown entrepreneurial spirit in starting own business.

Entrepreneurs

Global EMBA International Scholarship

Up to 30% of tuition

Strong international career.

Executive MBA 2015

24

Scholarship

IESE Scholarship Name

Amount

Conditions

Audience

Excellence Scholarship

Must demonstrate academic merit and brilliant professionalism.

All

Woman Talent Scholarship

Must be female with high leadership potential.

Women

Entrepreneurship Scholarship

Must have launched, or be launching, a new business.

Entrepreneurs

Oxford Saïd Scholarship Name

Amount

Conditions

Audience

Oxford EMBA Scholarship for Women

£32,000

Must be an outstanding female candidate based on breadth.

Women

Oxford University Alumni Scholarships

50% discount on course fee

Must be graduate of the University of Oxford.

Oxford Graduates

Scholarship Name

Amount

Conditions

Audience

Schumpeter Leadership Scholarship

10% of tuition

Must be accepted applicant working in nonprofit sector or for an NGO.

Nonprofit

WHU Brain Capital Financing Solution

50% of tuition

Must make a commitment to reimburse the loan in its entirety over a certain period of time depending on each individual’s income level following graduation.

Kellogg-WHU

London Business School Scholarship Name

Amount

Conditions

The Gallifrey Scholarship for Social Enterprise

£20,000

Must be accepted applicant with background in social enterprise.

The LBS EMBA (Dubai) Scholarships

Up to US$31,000

Must be self-funding applicant. Awarded on basis of future professional and leadership potential, demonstrated by track record of success proven by EMBA application and interview.

Dubai Executive Office Scholarship

Audience

Must be self-sponsored UAE candidate, who can prove commitment to promoting LBS in the UAE through ambassadorial work.

UAE

Executive MBA Scholarship for Women

Up to 50% of tuition

Must be female candidate with proven track record of success, demonstrated by EMBA application and interview.

Women

Celia Atkin Avent Scholarship

Up to 50% of tuition

Open to British female candidates who have achieved success through determination, ambition and motivation.

UK Women

Scholarship Name

Amount

Conditions

Audience

Allianz Scholarship Funds

€57,500

Must be strong candidate for ESMT’s EMBA programme: Scholarships will be awarded to those who function as Social Impact Multipliers.

All

Alumni Network Fellowship

Full tuition and fees

Must be outstanding applicant with a background in the nonprofit sector, with plans to remain in this sector after graduation.

Nonprofit

Global Women’s Scholarship

Up to 50% tuition

Must be a female candidate who demonstrates outstanding professional and academic merit.

Women

ESMT Americas Scholarship

Up to 50% of tuition

Must be resident of South, Central or North American country, who can demonstrate strong intention to promote business development and pursue professional options in Latin and/or North America.

South, Central and North Amercian Candidaes

ESMT

ESMT Central and Eastern Europe Scholarship

Up to 50% of tuition

Must be resident of Central or Eastern European country, who can demonstrate strong intention to promote business development and pursue professional options in Central and/or Eastern Europe.

Central and Eastern European Candidates

ESMT Africa Scholarship

Up to 50% tuition

Must be resident of African country, who can demonstrate strong intention to promote business development and pursue professional options in Africa.

African Candidates

ESMT Middle East and Central Asia Scholarship

Up to 50% tuition

Must be resident of Middle Eastern or Central Asian country, who can demonstrate strong intention to promote business development and pursue professional options in Middle East and/or Central Asia.

Middle Eastern and Central Asian Candidates

Tagesspiegel Entrepreneur Scholarship

€40,000

Must have founded their own start-up or have solid plans to do so.

Entrepreneurs

Scholarship Name

Amount

Conditions

Audience

University of Cambridge Employee Sponsorship

80% of tuition

Must hold senior management position within the University of Cambridge, with permanent employment contract.

University of Cambridge Employees

Cambridge Judge

Cass Business School Scholarship Name

Amount

Conditions

Audience

Women in Business Scholarship

£10,000

Must be a female candidate who demonstrates outstanding achievement to date and shows the potential to achieve great success during and after the programme.

Women

Academic Excellence Scholarship

£10,000

Must have achieved a 2.1 or 1st class undergraduate degree (or equivalent) or Merit or Distinction MSc/PhD (65% or above) and complete essay.

All

Entrepreneurship Scholarship

£10,000

Must demonstrate exceptional entrepreneurial flair when creating and running a successful or growing business venture.

Entrepreneurs

Islamic Finance Scholarship

£10,000

Candidate must take all three Islamic Finance electives, and complete scholarship essay.

MENA Scholarship

£10,000

Must be a MENA citizen who is underprivileged and would like to make a contribution to the region, and complete scholarship essay.

Middle Eastern and African candidates

Scholarship Name

Amount

Conditions

Audience

The One-Year Executive MBA Fellowship Award for Nonprofit Managers

CDN$10,000

Must demonstrates a strong record of management achievement in one of the following nonprofit sectors: social services, arts and culture, sports and recreation, international development, healthcare, or education.

Nonprofit

Dean’s Executive MBA Award of Merit for Professional Advancement

CDN$10,000

Must demonstrate leadership and exceptional job performance resulting in promotion, award(s), and/or recognised achievement.

All

Academic Director’s Award for Women Managers

CDN$10,000

Awarded to a student entering the One-Year Executive MBA Program who has achieved academic excellence at a graduate level.

Women

Associate Dean’s Award for Academic Excellence

CDN$10,000

Awarded to a student entering the One-Year Executive MBA Program who has achieved academic excellence at a graduate level.

All

The One-Year Executive MBA Award for Leadership

CDN$10,000

Awarded to a student who currently holds a leadership position responsible for the supervision and mentoring of a team of colleagues to achieve future management positions. Must also provide a written reference.

All

The One-Year Executive MBA Award for Small to Medium Enterprise Managers

CDN$10,000

Awarded to a student who has a strong record of managerial achievement in a small-to-medium enterprise (defined

by Statistics Canada as any business establishment with up to 499 employees, and less than C$50 million in gross revenue).

Entrepreneurs

Toronto Rotman

Source: topmba.com

Executive MBA 2015

26

Programme Directory

School Name

Country

Course Name

WU (Vienna University of Economics and Business)/ University of Minnesota: Carlson

Austria

Global EMBA

Antwerp Management School

Belgium / Russia

EMBA

Vlerick Business School

Belgium

EMBA

Coppead

Brazil

EMBA

Kellogg / York University: Schulich

Canada

Kellogg-Schulich EMBA

Queen's University: Smith

Canada

Queen's EMBA

University of Alberta/University of Calgary: Haskayne

Canada

Alberta-Haskayne EMBA

University of Toronto: Rotman

Canada

Rotman EMBA

Western University: Ivey

Canada / Hong Kong

Ivey EMBA

Arizona State University: Carey

China

Carey / SNAI EMBA

BI Norwegian Business School/ Fudan University School of Management

China

BI-Fudan MBA

Ceibs

China

Ceibs Global EMBA

Fudan University School of Management

China

Fudan EMBA

Renmin University of China School of Business

China

EMBA

Shanghai Jiao Tong University: Antai

China

EMBA

Tsinghua University / Insead

China / Singapore / UAE / France

Tsinghua-Insead EMBA

Washington University: Olin

China

Washington-Fudan EMBA

CUHK Business School

China / Hong Kong

EMBA

Kellogg / HKUST Business School

China / Hong Kong

Kellogg-HKUST EMBA

University of Hong Kong

China / Hong Kong

HKU-Fudan IMBA

University of Hong Kong / LBS / Columbia

China / Hong Kong

EMBA Global Asia

Copenhagen Business School

Denmark

CBS EMBA

Aalto University

Finland / S. Korea / Singapore / Poland

Aalto EMBA

EMLyon Business School

France

EMBA

ESCP Europe

France / UK / Germany / Spain / Italy

European EMBA

Essec / Mannheim

France / Germany

Essec & Mannheim EMBA

Grenoble Graduate School of Business

France

Part-Time MBA

Insead

France / Singapore / UAE

Insead Global EMBA

Kedge Business School

France / China

Kedge-SJTU Global MBA

Trium: HEC Paris / LSE / New York University: Stern

France / UK / US

Trium Global EMBA

ESMT - European School of Management and Technology

Germany

ESMT EMBA

HHL Leipzig Graduate School of Management

Germany

Part-Time MBA

Kellogg / WHU Beisheim

Germany

Kellogg-WHU EMBA

University College Dublin: Smurfit

Ireland

EMBA

SDA Bocconi

Italy

EMBA

OneMBA

Netherlands / US / Brazil / Mexico

OneMBA: RSM/UNC/FGV S茫o Paulo/Egade

Rotterdam School of Management, Erasmus University

Netherlands

EMBA

Tias Business School

Netherlands

EMBA

Centrum Cat贸lica

Peru / Colombia

Global MBA

Kozminski University

Poland

EMBA

Nanyang Business School

Singapore

Nanyang EMBA

National University of Singapore Business School

Singapore

NUS Asia-Pacific EMBA

University of Pretoria, Gibs

South Africa

Modular & Part-Time MBA

Korea University Business School

South Korea

EMBA

Yonsei University School of Business

South Korea

Corporate MBA

Iese Business School

Spain

GEMBA

IE Business School

Spain

Global EMBA

Stockholm School of Economics

Sweden

SSE MBA

IMD

Switzerland

EMBA

Website

Email

Fee

Duration

www.executiveacademy.at

emba@wu.ac.at

€45,200

15 month​​s

www.antwerpmanagementschool.be

info@antwerpmanagementschool.be

€31,500

24 months

www.vlerick.com

info@vlerick.be

€37,000

18 months

www.coppead.ufrj.br

atendimento@coppead.ufrj.br

-

-

www.schulich.yorku.ca

emba@schulich.yorku.ca

CDN$115,000

18 months

smith.queensu.ca/mba_programs/index. php

cqemba@queensu.ca

CDN$98,000

16 months

http://haskayne.ucalgary.ca/programs/ emba/Alberta-Haskayne-EMBA

louise.macdonald@haskayne.ucalgary.ca

CDN$64,500

20 months

www.rotman.utoronto.ca/Degrees/MastersPrograms/MBAPrograms/ExecutiveMBA. aspx

emba.admissions@rotman.utoronto.ca

CDN $111,000

13 months

www.ivey.ca

info@ivey.ca

CDN $99,000

15 month​​s

wpcarey.asu.edu/mba

wpcareymba@asu.edu

US$78,500

21 months

www.fdsm.fudan.edu.cn/en/nwmba/

studier@bi.no

RMB$298,000

24 months

www.ceibs.edu

emba@ceibs.edu

RMB$608,000

20 months

www.fdsm.fudan.edu.cn

fdsm@fudan.edu.cn

-

24 months

www.ruc.edu.cn/en

emba@rbs.org.cn

-

-

www.acem.sjtu.edu.cn

iceo@sjtu.edu.cn

RMB$568,000(Chinese Class) / RMB$588,000(International Class)

24 months

http://tsinghua.insead.edu/

emba.candidates@insead.edu / tiemba@ sem.tsinghua.edu.cn

US$100,000

18 months

www.olin.wustl.edu/prospective/mba.cfm

mba@olin.wustl.edu

RMB600,000 / US$97,000

18 months

www.emba.cuhk.edu.hk

bafac@cuhk.edu.hk

HK$489,600

24 months

www.bm.ust.hk/emba/

emba@ust.hk

HK$1,250,000 / US$161,200

18 months

www.mba.hku.hk

mbaadmissions@hku.hk

RMB$298,000 (General Stream) / RMB$358,000 (Executive Stream)

24 - 48 months

www.emba-global.com

asia@emba-global.com

US$160,440

20 months

www.cbs.dk/emba

cbs@cbs.dk

DKK 425,000

20 months

www.aalto.fi

info@aaltoee.fi

€43,800

20 months

www.em-lyon.com

info@em-lyon.com

€39,750

10 - 20 months

www.escpeurope.eu

info.fr@escpeurope.eu

€51,000

18 or 30 months

www.essec-mannheim.com

ma.emba@essec-mannheim.com

€49,500

18 months

www.insead.edu

communications.fb@insead.edu

S$169,000 (Asia Section) including 7% GST / US$110,000 (Middle East Section) / €102,000 (Europe Section)

14 to 17 months

www.aemba.com.cn/en/emba

info@kedgebs.com

RMB$588,000

24 months

www.triumemba.org

info@triumemba.org

US$169,500

17 months

www.esmt.org

degrees@esmt.org

€57,500

18 months

www.kellogg.whu.edu

beate.allar@whu.edu

€79,000

21 months

www.ucd.ie/smurfitschool

mba@ucd.ie

€15,350 (pa)

24 months

www.sdabocconi.it/en

info.mba@sdabocconi.it

€39,000

21 months

www.onemba.org

emba@unc.edu

€60,000 (Netherlands) / US$112,270 (US) 21 months / R$146,850 (Brazil) / US$60,500 (Mexico)

www.rsm.nl

info@rsm.nl

€47,000

22 months

www.tias.edu

L.vanbokhoven@tias.edu

€42,500

24 months

www.centrum.pucp.edu.pe

centruminformes@pucp.edu.pe

S$116,800

19 months

www.kozminski.edu.pl

-

US$14,400

18 months

www.nbs.ntu.edu.sg

nbsmarcom@ntu.edu.sg

S $95,000 (+ 7% GST)

14 - 30 months

bschool.nus.edu

askbiz@nus.edu.sg

S$95,000

15 month​​s

www.gibs.co.za

info@gibs.co.za

R$198,500 (excludes the global module fee)

24 months

biz2.korea.ac.kr

jangya@korea.ac.kr

-

24 months

mba.yonsei.ac.kr

mbaprogram@yonsei.ac.kr

-

24 months

www.iese.edu

mbainfo@iese.edu

€99,000

16 months

www.ie.edu

admissions@ie.edu

€72,200

15 month​​s

www.hhs.se

info@hhs.se

SEK$465,000

18 months

www.imd.org

info@imd.org

CHF$105,000

15 month​​s

Executive MBA 2015

28 28

Programme Directory

School Name

Country

Course Name

HEC Lausanne

Switzerland

EMBA

University of St Gallen

Switzerland

EMBA HSG

University of Zurich

Switzerland

Zurich EMBA

National Sun Yat-sen University

Taiwan

EMBA

Koç University Graduate School of Business

Turkey

EMBA

Sabanci University School of Management

Turkey

Sabanci EMBA

City University: Cass

UK / UAE

EMBA

Cranfield School of Management

UK

Cranfield EMBA

Henley Business School

UK

Henley EMBA

Imperial College Business School

UK

EMBA

London Business School

UK / UAE

EMBA

University of Cambridge: Judge

UK

Cambridge EMBA

University of Oxford: Saïd

UK

Oxford EMBA

University of Strathclyde Business School

UK / Switzerland / Greece / UAE / Bahrain / Oman

Strathclyde EMBA

Warwick Business School

UK

Warwick EMBA

Baylor University: Hankamer

US

Baylor EMBA

Boston University: Questrom

US

Boston EMBA

Columbia / London Business School

US / UK

EMBA-Global Americas and Europe

Columbia Business School

US

EMBA

Cornell University: Johnson

US

Cornell EMBA

Cornell University: Johnson/Queen's University: Smith

US / Canada

Cornell-Queen's EMBA

Duke University: Fuqua

US

Duke MBA - Global Executive

Emory University: Goizueta

US

Weekend EMBA

Fordham University: Gabelli

US

Fordham EMBA

Georgetown University / Esade Business School

US / Spain

Global EMBA

Georgetown University: McDonough

US

EMBA

Georgia State University: Robinson

US

EMBA

Michigan State University: Broad

US

EMBA

New York University: Stern

US

NYU Stern EMBA

Northwestern University: Kellogg

US

Kellogg EMBA

Rice University: Jones

US

Rice MBA for Executives

Rutgers Business School

US

Rutgers EMBA

SMU: Cox

US

SMU Cox EMBA

Temple University: Fox

US

Fox EMBA

Texas A & M University: Mays

US

Texas A&M EMBA

Tulane University: Freeman

US

EMBA

UCLA: Anderson

US

EMBA

UCLA: Anderson / National University of Singapore

US / Singapore

UCLA-NUS EMBA

University of Chicago: Booth

US / UK / Hong Kong

EMBA

University of Houston: Bauer

US

EMBA

University of Illinois at Urbana-Champaign

US

Illinois EMBA

University of Maryland: Smith

US

Smith EMBA

University of Miami School of Business Administration

US

Miami EMBA

University of Michigan: Ross

US

EMBA

University of Minnesota: Carlson

US

Carlson EMBA

University of Pennsylvania: Wharton

US

Wharton MBA for Executives

University of Pittsburgh: Katz

US / Brazil / Czech Republic

EMBA Worldwide

University of Rochester: Simon

US / Switzerland

EMBA

University of Texas at Austin: McCombs

US

Texas EMBA

University of Utah: Eccles

US

EMBA

University of Washington: Foster

US

EMBA

Website

Email

Fee

Duration

www.hec.unil.ch

hec@unil.ch

CHF$34,500

15 month​​s

www.unisg.ch

peter.lindstrom@unisg.ch

CHF$64,000

20 months

www.oec.uzh.ch

deansoffice@oec.uzh.ch

CHF$65,000

-

www.cm.nsysu.edu.tw

media@cm.nsysu.edu.tw

TWD$10,000 (credit), TWD$60,000 (pa)

24 months

www.gsb.ku.edu.tr

mba@ku.edu.tr

TL$64,350

13 months

som.sabanciuniv.edu/en/emba

nozdemir@sabanciuniv.edu

TL$59,000

four four-monthlong semesters

www.cass.city.ac.uk

info@city.ac.uk

£44,000

24 months

www.cranfieldMBA.info/more

mbaenquiries@cranfield.ac.uk

£36,000

24 months

henley.asia/the-henley-mba

mba@henley.ac.uk

HK$295,000

24 months

www.imperial.ac.uk/business-school

business-school@imperial.ac.uk

£46,000

23 months

www.london.edu

contactus@london.edu

£69,660 (London stream); $104,710 (Dubai stream)

20 months

www.jbs.cam.ac.uk

enquiries@jbs.cam.ac.uk

£63,960

20 months

www.sbs.ox.ac.uk/programmes/degrees/ emba

mba-enquiries@sbs.ox.ac.uk

£67,483

21 months

www.strath.ac.uk/business

sbs.admission@strath.ac.uk

-

-

www.wbs.ac.uk

enquiries@wbs.ac.uk

£12,500 (for year one)

36 months

www.baylor.edu/mba

mba_info@baylor.edu

US$84,000 (Austin, Executive MBA) US$87,000 (Austin, Executive MBA Healthcare)

21 months

management.bu.edu

mba@bu.edu

US$97,500

18 months

www.emba-global.com/americasandeurope

embaglobal@london.edu

US$172,815

20 months

www4.gsb.columbia.edu/execed

execed@columbia.edu

US$182,280

20 - 24 months

www.johnson.cornell.edu

mba@johnson.cornell.edu

US$163,940

22 months

www.johnson.cornell.edu/Cornell-Executive-MBA-Americas

mba@johnson.cornell.edu

US$129,000

17 months

www.fuqua.duke.edu

admissions-info@fuqua.duke.edu

US$166,000

15 month​​s

www.goizueta.emory.edu

EMBAadmissions@emory.edu

US$110,000

21 months

www.bnet.fordham.edu

petit@fordham.edu

US$97,500

22 months

www.globalexecmba.com

globalemba@georgetown.edu

US$154,200

14 months

msb.georgetown.edu

GeorgetownMBA@georgetown.edu

US$131,400

20 months

robinson.gsu.edu

mparis@gsu.edu

US$72,500

17 months

executivemba.broad.msu.edu

mba@msu.edu

US$69,000

20 months

www.stern.nyu.edu

executive@stern.nyu.edu

US$177,800

22 months

www.kellogg.northwestern.edu

mbaadmissions@kellogg.northwestern.edu US$93,645

24 months

business.rice.edu

ricemba@rice.edu

US$111,000

22 months

business.rutgers.edu

remba@business.rutgers.edu

US$23,010.75 (per semester)

20 months

www.cox.smu.edu/home

dteems@cox.smu.edu

US$115,575

21 months

sbm.temple.edu

foxinfo@temple.edu

US$94,992

16 months

mays.tamu.edu

maysmba@tamu.edu

US$86,000

24 months

www.freeman.tulane.edu

abfadmit@tulane.edu

US$80,000 (New Orleans), US$88,000 (Houston)

18 months

www.anderson.ucla.edu

mba.admissions@anderson.ucla.edu

US$70,700

24 months

ucla.nus.edu

ucla@nus.edu.sg

US$112,940

15 month​​s

www.chicagobooth.edu

admissions@chicagobooth.edu

£99,000(Europe), HK$1,250,000 (Asia), US$179,000 (North America)

21 months

www.bauer.uh.edu/emba/index.htm

emba@uh.edu

US$74,700.00

22 months

www.mba.uiuc.edu

mba@uiuc.edu

US$97,000

19 months

www.rhsmith.umd.edu

mba_info@rhsmith.umd.edu

US$117,900

19 months

www.bus.miami.edu/grad

mba@miami.edu

US$109,000

17 months

www.bus.umich.edu

rossmba@umich.edu

US$144,200 (Michigan Residents) / US$149,200 (Non-Michigan Residents)

21 months

www.carlsonschool.umn.edu

csom@umn.edu

US$111,500

24 months

www.wharton.upenn.edu

mba.admissions@wharton.upenn.edu

US$186,900

24 months

www.business.pitt.edu/katz

embaprogram@katz.pitt.edu

US$75,000 (Pittsburgh) / US$56,500 (São Paulo) / US$50,500 (Prague)

18 months

www.simon.rochester.edu

admissions@simon.rochester.edu

US$98,200

22 months

www.mccombs.utexas.edu

mccombsmba@mccombs.utexas.edu

US$110,000

24 months

www.emba.utah.edu

emba@utah.edu

US$79,000

21 months

foster.uw.edu

mba@u.washington.edu

US$97,500

21 months Reference: Financial Times EMBA 2015

Executive MBA 2015