Kellogg-HKUST EMBA Program Brochure 2012

Page 1

Go Beyond

Join the World Class


Contents 1

A business school alliance that spans the globe

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World Class, world ranking

2

Introducing the World Class partnership

13

World Class faculty (Kellogg)

3

A personal welcome from the Program Directors

17

World Class faculty (HKUST)

4

A message from our Deans

20

High-profile guest leaders

7

The world is your classroom

22

Participants’ profiles


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A business school alliance that spans the globe TORONTO, CANADA

CHICAGO, U.S.A. HONG KONG, CHINA FRANKFURT, GERMANY

MIAMI, U.S.A.

TEL AVIV, ISRAEL

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How the program works

37

A new window for NPO leaders

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Sample curriculum

38

Admission requirements

28

Course descriptions

39

How to apply

30

Global electives

40

Support from sponsoring companies

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High-level executive training: the venues


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The World Class Partnership

The Kellogg-HKUST Executive MBA programWhere two outstanding schools come together to offer one remarkable management program. We call it simply ‘The World

Class’

The partnership between the Kellogg School of Management at Northwestern University (Kellogg) and the Hong Kong University of Science and Technology’s School of Business and Management (HKUST) spans two continents and draws on exceptional faculty members from around the globe. On offer is a program that pushes participants to their limits and gives them the insights and skills to transform the business environment around them. Challenging, enriching, transformative: these are all words past participants have used to describe the effect on their lives and careers of joining the Kellogg-HKUST Executive MBA program. Beside the knowledge gained and the skills imparted by the course, the interaction with academic and business leaders is priceless, and the networks built between participants both valuable and enduring.


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Taking executives in Asia to the next level

Professor Vidhan K. Goyal Academic Director Kellogg-HKUST Executive MBA Professor Department of Finance

Directors’ message The Kellogg-HKUST Executive MBA program is a premium educational experience devoted to upgrading executives’ knowledge and management skills in a global context. It is tailor-made for senior executives in Asia who have attained positions of leadership in their organizations. It provides leaders with the best executive education that the US and Asia can offer, to help them meet the global challenges ahead.


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A message from our Deans The Kellogg School of Management, Northwestern University Intellectually vibrant. Innovative. Socially engaged. The Kellogg School of Management has redefined management education worldwide through pioneering teaching methodologies and breakthrough research. We have a long-standing passion for collaboration and believe in the power of the team as a force for positive change. We educate, equip and inspire leaders who build strong organizations and wisely leverage the power of markets to create lasting value.

A solid grounding in the sciences of management and markets combined with our distinctive approach to leadership development defines the Kellogg-HKUST Executive MBA Program. Our participants have the intellect, insight and brave thinking required to excel in the 21st century global marketplace. Graduates of our program join a global community of more than 54,000 other Kellogg alumni who set the standard for inspired, responsible leadership worldwide. We welcome those who share our passion and our purpose.�

Sally Blount ’92 Dean, Kellogg School of Management Northwestern University


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The Hong Kong University of Science and Technology Business School The Hong Kong University of Science and Technology (HKUST) was inaugurated in 1991. Unbiased observers regularly note that its School of Business and Management (HKUST Business School) has risen to international prominence in a remarkably short period of time. The HKUST Business School now has around 140 faculty members. The best minds among business academics have assembled in this dynamic arena of research and teaching, sharing its challenging mission and vision. All senior faculty members have extensive teaching experience in the leading business schools. The synergy between Kellogg School of Management and HKUST Business School offers students a chance to understand the business perspectives of two dynamic and highly-competitive regions of the world. We embrace a real spirit of innovation and a desire to place our high-caliber students at the cutting-edge in terms of management knowledge and skills. Our worldclass faculty encourages and enables our students to think sharply and deeply about the future and the global context in which they operate, just as we do ourselves. The two schools’ continuing pursuit of excellence has helped to ensure that our program remains a leader in executive education and adds value to our graduates’ lifelong career development.

Leonard K. Cheng Dean, HKUST Business School


Moscow Dinesh Shahani Chief Executive Officer Sprandi International Ltd. (KH02, 1999-2000) Getting an MBA was unfinished business having started my own business at 21. Twelve years thereafter my company suffered tremendously during the Asian and Russian financial crisis in 1998, I felt the need to not only to learn new skills but to strengthen my confidence and enthusiasm. Where better could one do this than the Kellogg-HKUST EMBA program which brought in 40 diverse individuals and a multinational and world class faculty? This program has helped me to re-shape & evolve my business and my personal development in ways I could never have imaged.


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The world is your classroom For those looking to propel themselves to the forefront of influence in today’s complex multinational business environment, there is no time like the present. Leaders are needed who have a global understanding of economic trends and concepts, but also a sensitive understanding of local realities. Essential to acquiring such leadership qualities is access to world-class trainers and mentors, delivering knowledge in ways that are relevant, multi-faceted, stimulating and liberating.

The Kellogg-HKUST Executive MBA Program offers all this and more. We provide the leaders of today, and of tomorrow, with insights into every aspect of the business universe, harnessing insights into politics, economics, culture and human relationships. The intellectual adventure you will embark on spans six continents and brings with it new challenges, new vision, new friends, and powerful new networks. The outcome is a fresh beginning, and a world of new and unlimited possibilities.


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The world is your classroom In line with the international focus of the Executive MBA program, participants have the option of completing one global elective at Kellogg partner schools abroad for ‘total immersion’ in cultural diversity. This is an exceptional opportunity to meet and interact with talented fellow-executives and faculty members from every corner of the globe, building profound and dynamic personal networks that will last a lifetime. Uniting all our destinations — in Asia, Europe, the Americas and the Middle East — is a principle that transcends national boundaries: an uncompromising commitment to the best in education and leadership.

TORONTO, CANADA

HONG KONG, CHINA

Kellogg-Schulich Executive MBA Program Schulich School of Business York University Toronto, Canada

Kellogg-HKUST Executive MBA Program HKUST Business School Hong Kong University of Science and Technology Hong Kong, China

Global Elective Courses: Enterprise IT Strategy and Governance International Strategy

Global Elective Courses: Building a Powerful Consumer Brand in China Deal Making in China and Asia Understanding Consumers

VALLENDAR, GERMANY

TEL AVIV, ISRAEL

Kellogg-WHU Executive MBA Program WHU Otto Beisheim School of Management Vallendar/Frankfurt, Germany

Kellogg-Recanati Executive MBA Program Leon Recanati Graduate School of Business Administration Tel Aviv University Tel Aviv, Israel

Global Elective Courses: Corporate Social Responsibility Luxury Brand Management

Global Elective Courses: Intellectual Capital Management Security Analysis; Psychological and Organizational Influences on Financial Decisions Venture Capital

CHICAGO, U.S.A.

MIAMI, U.S.A.

Kellogg Executive MBA Program Kellogg School of Management Northwestern University Chicago, Illinois, U.S.A.

Kellogg-Miami Executive MBA Program Kellogg School of Management Northwestern University Miami, Florida, U.S.A.

Kellogg Live-in Courses: Negotiations Strategic Challenges in Emerging Markets Strategic Crisis Management Strategic Marketing Decisions

Global Elective Courses: Entrepreneurial Finance Family Enterprises: Success and Continuity International Finance Management of Organizational Change Managing Price and Value Perceptions Mergers and Acquisitions


Hong Kong Wendy Gan Executive Director Pacific Century Premium Developments Ltd. (KH10, 2007-2008) The program offers electives for students to travel to Kellogg partner schools. I spent 2 weeks at the Kellogg school’s Miami campus for a course on Wall Street, hedge funds and leveraged buyout issues and International Finance with students from all over the world. Group work together with these students was international to say the least. It was an extremely interesting and amazing experience. The program gives us a good platform to meet people whom we would not regularly meet or get to know in depth.


Singapore Jay Mariyappan Managing Director Sindicatum Sustainable Resources (KH14, 2011-2012) Having worked for the last decade or more in a new but steadily growing market, the Kellogg-HKUST EMBA program has been perfect in providing me with the skills to tackle current and future challenges both in my industry and its broader interaction with mainstream markets and finance, as well as enhancing this learning through a high calibre, very experienced, and culturally diverse peer group and network of executives in Asia and beyond.


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At the top of the rankings

Ranked No. 1 in the world by Financial Times for three years in a row (2011, 2010 & 2009)

Celebrating with representatives of the ranked class (KH10, Class of 2007-2008)

The Kellogg-HKUST Executive MBA program has consistently ranked among the world’s top 10 by the Financial Times since debuting on the newspaper’s annual EMBA rankings in 2003. The world’s top business schools are ranked yearly on criteria such as students’ increased earning capability after graduation, diversity of the class and seniority of the students. We’ve maintained our top position by continuing to bring together the best and the brightest of students and faculty in key global locations. Graduates gain competitive advantage – as do their organizations.


Tokyo Masamichi Ujiie Regional Vice President FedEx Express, North Pacific Vice President FedEx Supply Chain, Asia Pacific (KH08, 2005-2006)

The Kellogg-HKUST EMBA program experience exceeded my expectations. Not only did the lectures help hone critical skills required to succeed in international business, I also gained from the wealth of knowledge that the professors brought to the classroom. The interaction with high caliber fellow executives and professionals sharing practical real-world experience created a dynamic and valuable learning environment that has benefited me in my job.


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Brilliance shared across borders Kellogg School of Management

Professor Sunil Chopra

Jeanne Brett PhD University of Illinois DeWitt W. Buchanan, Jr., Professor of Dispute Resolution and Organizations Director of Dispute Resolution Research Center

Daniel Diermeier PhD University of Rochester IBM Professor of Regulation and Competitive Practice Director of the Ford Motor Company Center for Global Citizenship

Research Interests: Cross-cultural, deal making, dispute resolution, mediation, emotions and negotiation, technology and negotiation, negotiating teams, trust and culture, influence and culture, status and culture, communication and culture

Research Interests: Political economy, comparative political institutions, legislative politics, explanations in the social sciences, ethics

Timothy Calkins MBA Harvard Business School Clinical Professor of Marketing Research Interests: Branding, creating strategic marketing plans and marketing in the bio-medical industry

Sunil Chopra PhD State University of New York IBM Professor of Operations Management and Information Systems Research Interests: Operations management, network design, combinational optimization

Dean Emeritus Donald Jacobs

James Conley PhD & MBA Northwestern University Clinical Professor of Technology

Timothy Feddersen PhD University of Rochester Wendell Hobbs Professor of Managerial Economics & Decision Sciences Director of Social Enterprise at Kellogg Program Research Interests: Political economy with a specific interest in democratic institutions and voting systems

Adam Galinsky PhD Princeton University Morris and Alice Kaplan Professor of Ethics and Decision in Management Research Interests: Power and status, negotiation and auctions, multicultural experience and creativity, diversity, intergroup conflict, stereotyping, and stigma, counterfactual thinking and decision making

Research Interests: Sustainable competitive advantage in e-commerce, intellectual capital, intellectual property, product development, product design and engineering management

Julie Hennessy MBA Kellogg School of Management Northwestern University Clinical Professor of Marketing

Sudhakar Deshmukh PhD University of California, Berkeley Charles E. Morrison Professor of Decision Sciences

Expertise: Brand management, consumer products, marketing management, marketing strategy/planning/policy, new product development

Research Interests: Applied probability and stochastic optimization models of decisions involving time and uncertainty, with applications in management science and economics

Donald Jacobs PhD Columbia University Dean Emeritus Gaylord Freeman Professor of Banking Research Interests: Banking, capital markets, monetary policy, corporate finance, international finance


14 Brett Saraniti PhD Northwestern University Visiting Professor of Managerial Economics & Decision Sciences Expertise: Managerial economics and decision sciences, economics and quantitative methods, managerial statistics, statistics for business and economics

Professor Keith Murnighan

Lakshman Krishnamurthi PhD Stanford University A. Montgomery Ward Professor of Marketing Research Interests: Impact of price and advertising on consumer purchase decisions, new product strategy, competitive strategy, application of conjoint analysis

Thomas Lys PhD University of Rochester Eric L. Kohler Chair in Accounting Professor of Accounting Information & Management

Swaminathan Sridharan PhD University of Pittsburgh John and Norma Darling Professor in Accounting Chair of Accounting Information & Management Department Research Interests: Interaction of different factor markets on characteristics of accounting and information systems of a firm, significance of disclosing or signaling data related to managerial accounting systems, managerial incentives in the adoption of accounting

Jeroen Swinkels PhD Princeton University Richard M. Paget Professor in Management Policy Research Interests: Game theory, auctions and other models of price formation, evolution and learning, jobmarket signaling, corporate compensation, principal-agent models, procurement

Research Interests: Stock price consequences of financial reporting standards, changes in capital structure, money supply, corporate disclosures, risk arbitrage, labor participation in corporate decisions, auditors’ liability, earnings forecasts

Sergio Rebelo PhD University of Rochester Tokai Bank Professor of Finance

Victoria Medvec PhD Cornell University Adeline Barry Davee Professor of Management and Organizations Executive Director of the Centre for Executive Women

Steven Rogers MBA Harvard University Gordon and Llura Gund Family Clinical Professor of Entrepreneurship

Research Interests: Judgment and decision-making with a particular emphasis on how people feel about the decisions they have made, research in both independent decision-making and interdependent decisions within the context of negotiations

Keith Murnighan PhD Purdue University Harold H. Hines Jr. Professor of Risk Management Research Interests: Decision making, negotiations, group dynamics, behavioral game theory, trust, fairness, team building, ethics, emotions

Research Interests: Business cycles, economic growth and exchange rates

John Ward PhD Stanford University Clinical Professor of Family Enterprise Director of the Center for Family Enterprises Research Interests: Family business continuity planning, governance, and strategy; also family offices and family foundations

Robert Weber PhD Cornell University Frederic E. Nemmers Professor of Decision Sciences Research Interests: Game theory, auctions and bidding, voting systems

Robert Wolcott PhD Northwestern University Senior Lecturer of Entrepreneurship & Innovation Co-Founder and Executive Director, Kellogg Innovation Network Expertise: Corporate entrepreneurship, entrepreneurship, globalization, innovation, small business management

Edward Zajac PhD University of Pennsylvania James F. Bere Professor of Management & Organizations Co-Chair of the Management & Organizations Department Director of Kellogg’s Center for Strategic Alliance Research Research Interests: Study of strategic management issues, particularly strategic alliances, corporate governance (CEO/ board relations and CEO succession and compensation), and organizational adaptation to changing business environments

Research Interests: Entrepreneurship and private equity

Leigh Thompson PhD Northwestern University J. Jay Gerber Professor of Dispute Resolution & Organizations Director of Kellogg Team and Group Research Center Professor of Psychology, Weinberg College of Arts & Sciences (Courtesy) Research Interests: Negotiation, group behavior, decision-making, social cognition, and affective evaluations of events, how groups and teams develop shared understanding of problems and behaviors

Professor Leigh Thompson


HONG KONG Frank Shou Chief Executive Officer Bank of Communications Co., Ltd. Hong Kong Branch (KH06, 2003-2004) One of the unique features of the Kellogg-HKUST EMBA program is that it really is an international business program. The faculty are from top international business schools and the students are from all over the world. This program gave us an excellent opportunity to have an insight into what international business leaders are thinking and doing, and to share our management experience with our peers. The vision, experience and friendship we earn from this program will be the treasure for our lifetime.


Taipei K.T. Li Chief Counselor Lee & Li, Attorneys at Law (KH05, 2002-2003) The innovative and practical approach of the course designs of the Kellogg-HKUST EMBA program encouraged me even at my very advanced age to challenge preconceptions and test new ideas. The program gave such invaluable perspectives, allowing me to look afresh at issues and identify solutions even more effectively. IN both personal and professional development, I continue to draw from the insights and knowledge that I gained from the outstanding professors and a rich network of talented and energetic students in the program.


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Brilliance shared across borders The Hong Kong University of Science and Technology Business School

Mark Chen EMBA Kellogg-HKUST Senior Managing Director & Head of GE Equity, Asia Pacific Expertise: Private equity

Douglas Henck BS Rensselaer Polytechnic Institute of New York Chief Executive Officer of AEGON Asia Expertise: Corporate governance in Asia

Steven J. DeKrey PhD University of lowa Adjunct Professor Department of Management

Professor Larry Franklin

Professor DeKrey’s expertise includes leadership development and personality assessment. He is a frequent speaker on leadership topics and emotional intelligence.

Ian Fenwick PhD University of London Adjunct Faculty Advisor Sasin Graduate Institute of Business Administration Expertise: Management, marketing and branding

Professor Ron McEachern

Larry Franklin MBA, JD Stanford University Adjunct Professor Department of Finance Teaching Interests: Investments, venture capital, investment banking, China and business law

Vidhan Goyal PhD University of Pittsburgh Professor Department of Finance Research Interests: Valuation, capital structure, corporate restructuring, corporate governance, mergers and acquisitions and debt contracts

Professor Milind Rao

Roger King AMP Harvard, PhD HKUST Adjunct Professor Department of Finance Research Interests: Capital structure, corporate finance with emphasis on family businesses, entrepreneurship, corporate governance

Ron McEachern MBA York University, Toronto Adjunct Professor Department of Marketing Expertise: Advising companies on market entries, consumer brand building, corporate social responsibility and leadership development


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Milind Rao PhD Columbia University Adjunct Associate Professor Department of Economics Research Interests: International macroeconomics, international finance, international trade, international flows of capital and labor, hedge fund strategies, management and assessment, design of optimal investment strategies and portfolios

Professor Jaideep Sengupta

James Root MBA London Business School Adjunct Faculty Director of Bain & Company Expertise: Corporate transformations involving strategy, cost reduction, operational improvement and organizational effectiveness, telecommunications and technology

Jaideep Sengupta PhD University of California, Los Angeles Chair Professor Department of Marketing

Professor Kay Stice

Research Interests: Consumer information processing, persuasion and attitude strength, effects of marketing communications, impulsivity and selfcontrol

Kay Stice PhD Cornell University PricewaterhouseCoopers Professor of Accounting Brigham Young University Research Interests: Use of alternative accounting methods and financial markets research

Professor Olivier Tabatoni

Olivier Tabatoni PhD New York University Professor of Finance IAE Aix-en-Provence Management School Research Interests: Profitable Growth, Real Options, Value Creation, Strategic Flexibility and Change management. More generally it focuses on the interactions between Strategy, Finance and Leadership

David Zweig PhD University of Michigan Chair Professor Division of Social Science Research Interests: Mainlanders with overseas education, Hong Kong’s role in China’s modernization and China’s “resource-based” foreign policy


Bangkok Rehan Khan Business Development Director The Coca-Cola Company (KH12, 2009-2010) Having spent more than 17 years with one company, I started to worry, if I had become a “frog in a well�. How could I find out what I had been missing, without having to leave a great organization? It was that curiosity, together with the mindset of never settling for anything but the very best that got me to the Kellogg-HKUST EMBA program. In this program, you learn from the best, both professors and fellow classmates. I not only learnt a lot, but was also able to apply what I learned almost immediately. As a result of this learning experience, I’m a more confident leader and have a diverse network of friends and fellow alums from all over the world.


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High profiles for high impact

Lectures by highly successful leaders from a wide array of backgrounds and industries emphasize the practical application of all we teach. The following guests were invited in recent years to speak to our students.

Mrs. Anson Chan

Mr. Paul Cheng

Dr. William Fung

Dr. Aron Harilela

Mr. Hans Michael Jebsen

Mr. Jim Thompson

Mr. Joseph Yam


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Mrs. Anson Chan Former Chief Secretary for Administration The Hong Kong SAR Governement, China

Dr. William Fung Executive Deputy Chairman Li & Fung Limited

Mr. Jim Thompson Founder and Chairman Crown Worldwide Group

Mrs. Anson Chan retired in 2001 after nearly 40 years’ service. She headed the 190,000 civil service and was the first woman and the first Chinese to hold the post of Chief Secretary after 150 years of British predecessors. In recent years, Mrs. Chan has taken a prominent role in the campaign for full universal suffrage for election of Hong Kong’s Chief Executive and all members of the Legislature.

Li & Fung Limited is a multinational group and recognized as the world’s leader in consumer goods design, development, sourcing and distribution. Dr. William Fung is also a non-executive director and Deputy Chairman of the Hong Kong and Shanghai Banking Corporation Ltd, an independent non-executive director of Shui On Land Ltd, Sun Hung Kai Properties Ltd, The Hongkong and Shanghai Hotels, Ltd and VTech Holdings Ltd and an independent director of Singapore Airlines Ltd.

The Crown Worldwide Group of companies is a logistics company performing various types of warehousing and transportation services throughout the world. The Crown Group is the largest privately owned company in the field of international removal with over 250 worldwide locations in 55 countries around the world. Mr. Thompson also serves as the Chairman of HKTDC Logistics Services Advisory Committee, a non-executive director of the Board of the Wharf (Holdings) Ltd.

Mr. Paul Cheng Deputy Chairman Esprit Holdings Ltd.

Dr. Aron Harilela Director Harilela Hotels Ltd.

Mr. Joseph Yam Former Chief Executive Hong Kong Monetary Authority

Mr. Paul Cheng is currently active in private equity and serves as an independent non-executive director on the board of several companies. He is also the Chairman of the China High Growth Fund, Vietnam Infrastructure Ltd., an independent director on the boards of Global Logistic Properties Ltd. He was Chairman of the Link Management Ltd. from 2005 to 2007. The company manages a portfolio of government-owned retail and car parking assets valued at over HK$30 billion. The privatization in 2005 was the world’s largest Real Estate Investment Trust (REIT) IPO at that time.

Dr. Aron Harilela is responsible for overseeing operations in six hotels within S.E. Asia, Europe and Australia. He is also in charge of acquisitions for the Harilela Group. Dr. Harilela joined the group at its London office in 1994 and subsequestly joined the Hong Kong headquarters in 1996.

Mr Joseph Yam was the Chief Executive of the Hong Kong Monetary Authority (HKMA) from 1993 to 2009. In that capacity, Mr. Yam has over the years been honored with a series of awards for his constributions to domestic and regional monetary and financial developments, and for piloting Hong Kong through Asian financial turmoil.

Mr. Richard Eu CEO Eu Yan Sang Eu Yang Sang International Ltd. is a leading integrated healthcare and wellness company with strong foundation in tradition Chinese medicine. In 1993, Mr. Eu organised a management buyout of the business and in 1996 it was merged with the Eu Yan Sang business in Hong Kong, forming the Eu Yan Sang International Group, as it is today.

Mr. Hans Michael Jebsen Chairman Jebsen & Co, Ltd. Under his leadership, the company has developed into a major corporation employing over 1,300 staff and actively engaged in business activities in Hong Kong and the Mainland. Mr. Jebsen is a well-respected leader in commerce, with numerous commercial crossappointments. He serves as a Board member with Hysan Development Co. Ltd. and Wharf Holdings Ltd. Mr. Jebsen has received honours from the German, Danish and the Hong Kong SAR Governments.


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Diversity and dynamism

Overview - Classes 1998-2012 (KH01 – KH15) Total number of participants 750 Men 76% Women 24% Average age 37 years Average work experience 14 years Average annual total compensation US$256,355

Company sponsorship Full sponsorship Partial sponsorship

Participants come from a wide range of industries, from manufacturing, finance, technology, property, transportation and energy to non-profit organizations. They are the new generation of leaders, each with a minimum of ten years’ experience. Their richly diverse backgrounds and nationalities create the experience and the network that make up The World Class.

41% 59%

Nationalities Hong Kong 14% Mainland China 9% 22% Other parts of Asia Non-Asia 55% Origins outside Hong Kong, Macau and China include: Australia, Austria, Bangladesh, Belgium, Canada, Chile, Czech Republic, Denmark, Ecuador, Egypt, Finland, France, Germany, India, Indonesia, Ireland, Israel, Italy, Japan, Korea, Malaysia, Mauritius, Mexico, Netherlands, New Zealand, Norway, Pakistan, Panama, Philippines, Poland, Portugal, Russia, Singapore, South Africa, Spain, Sweden, Switzerland, Syria, Taiwan, Turkey, The United State and Vietnam

Office locations Hong Kong

55%

Mainland China

16%

Cities include: Beijing, Changshu, Fujian, Guangzhou, Hangzhou, Hsinchu, Kuming, Macau, Ningbo, Qingdao, Shanghai, Shenyang, Shenzhen, Suzhou, Wuhan, Xiamen, Zhejiang, Zhongshan and Zhuhai

Other parts of Asia and beyond Cities include: Amsterdam, Azerbaijan, Bangkok, Basra, Cainta, Chicago, Dhaka, Gurgaon, Hanoi, Helsinki, Ho Chi Minh City, Honolulu, Hsinchu (Taiwan), Hyderabad (India), Iloilo City, Incheon, Jakarta, Kuala Lumpur, London, Manila, Mexico City, Milton Keynes, Makati, Milwaukee, Moscow, Mumbai, New Delhi, New Jersey, New York, Osaka, Palo Alto, Pasig City, Pattaya, Pune (India), Seattle, Selangor, Seoul, Singapore, Taichung (Taiwan), Taipei, Tokyo and Ulsan

29%


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Participants’ profiles - Classes 1998-2012 (KH01-KH15)

Mainland China 9%

Other parts of Asia 22%

Non-Asia 55% Hong Kong 14%

Chairman/ CEO/ President 12%

Managing/ Executive Director 18%

Vice President 14%

General Manager 8% Head of Department 7% Owner/ Partner 4%

Director 23%

Controller/ CFO 4% Others 10%

KH15, Class of 2012-2013


Seoul Eun-Joo Chae Senior Client Partner Korn/Ferry International (KH14, 2011-2012) Kellogg and HKUST, two globally recognized names. Its well-designed curriculum and great location are just two of the things that attracted me to the Kellogg-HKUST EMBA program. Throughout the program, my expectations were supported by my experience both inside and outside of the classroom. Interacting with world-class faculty and classmates from truly professional, diverse and international backgrounds was truly inspirational. The program has been both intellectually stimulating and thought provoking. At the same time, it has helped me to build genuine friendships and networks throughout Asia and beyond. The world of business, which is currently experiencing significant uncertainty, requires the leadership competencies of confidence, vision, entrepreneurship and passion. The energy, enthusiasm and commitment you see during the program convinced me of the potential and power of this program.


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Tailored for business executives

The class schedule is uniquely designed around weekend blocks to allow participants to continue their careers while they study

Classes are held on Friday afternoons, Saturdays and Sundays. The program starts with one live-in week at HKUST, followed by monthly live-in weekends for modules 1 – 6, then two live-in weeks at the Kellogg School and concludes with additional monthly live-in weekends for modules 7 – 11. Live-in weeks – important components of the program The first is held at HKUST in January of the first academic year, and the second at the Kellogg School’s Allen Center in Chicago, Illinois in August. Live-in weekends – Modules 1 to 11 Participants meet twice every month on the HKUST campus and stay in the University Center, which is specially furnished for executives. Living-in is critical for the optimum development of class identity and the formation of study groups, while expanding business contacts and allowing friendships to develop. Live-in week in HKUST

Module 1 – 6

Live-in weeks in Kellogg

Module 7 – 11

Optional: Global Electives

Sample Schedule Time

Friday

Time

Saturday

Time

Sunday

8:30am – 11:45am

Morning Class

8:30am – 11:45am

Morning Class

11:45am – 1:00pm

Group Lunch

11:45am – 12:30pm

Group Lunch

12:30pm – 3:45pm

Afternoon Class

3:00pm – 6:15pm

Afternoon Class

1:00pm – 4:15pm

Afternoon Class

Evening

Group Discussion/ Special Sessions

Evening

Group Discussion/ Special Sessions


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Opening up new business understanding Participants are required to complete 28 courses. Half of these are taught by faculty members from the Kellogg School and half by those from HKUST Business School. Each course requires 15 contact hours. Sample Curriculum Live-in week at HKUST

Live-in weeks at Kellogg

Analysis of Uncertainty in Management Decisions Operating Strategies for General Manager

Negotiations Strategic Challenges in Emerging Markets Strategic Crisis Management Strategic Marketing Decisions

Module 1

Module 7

• Marketing Management • Statistical Decision Analysis

• Family Business and Entrepreneurship • Organizational Design

Module 2

Module 8

• Corporate Governance • Individual & Group Behavior in the Organization

• Contemporary Issues in Chinese Politics • Private Equity in Asia Pacific • Strategic Financial Management

Module 3 • Financial Reporting Systems • Innovation Strategy & Management

Module 4

Module 9 • Building a Powerful Consumer Brand in China • Deal Making in China and Asia • Understanding Consumers

Module 10 • Managerial Finance • Operations Management • Digimarketing • International Growth Module 5 • Strategic Management Foundations • Global Macroeconomics Module 11 • Law and Corporate Manager • Executive Ethical Leadership Module 6 • Learning from Leaders • Financial Information for Management Planning and Control • Strategic Decision Making

Attendance of courses is required. Methods of assessment for each course, including examinations, individual assignments and group projects, vary according to the needs of individual courses. Faculty generally assigns High Pass (HP), Pass (P), Low Pass (LP) or Unsatisfactory (U) grades. Participants are required to pass all 28 courses to graduate.


Beijing Milo Chao Head of Strategic Planning Doyle Dane Bernbach (KH14, 2011-2012) There are many executive MBA programs, but the Kellogg-HKUST was my first choice. At this level of education, one expects to learn as much from the professors as from the students. The program is well-known for bringing together high-caliber executives from a range of industries. The Kellogg-HKUST program selected 60 people, half of whom flew in, and who originated from 22 nations, to live and work together for 18 months. The diversity, rigor and yet openness of thinking amongst the students made my experience remarkably rich and rewarding. Today, I have 59 incredible friends and advisors there for me and me for them.


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Topics that underpin success

Course Descriptions Analysis of Uncertainty in Management Decisions introduces elementary probability theory as a tool for modeling uncertainty in business, with illustrations from decision-theory and statistics. Building a Powerful Consumer Brand in China approaches the challenge of establishing a strong consumer brand in China from the perspective of the General Manager of a multinational corporation, outlining the practical steps that one needs to take when scoping the opportunity, tailoring the product and marketing mix and measuring success. Contemporary Issues in Chinese Politics familiarizes students with PRC political structures, the continuing importance of the Communist Party, how political elites attempt to control the political system and how citizens try to get the leaders to respond to their interests. The course also looks at China’s external ties and how China’s thirst for energy is influencing current foreign policy. Scenarios for China’s future will be built. Corporate Governance exposes participants to, and gets them actively involved in discussions about the most recent concepts, tools, and best practices regarding corporate governance. The analysis is aimed at investors as well as top management and directors. Deal Making in China and Asia offers participants a comprehensive overview of the markets and the opportunity to strategize and be the decision maker in practical, “real world” business situations from the Asia Pacific region. Digimarketing develops participants’ understanding of the nature, challenges, and importance of digital marketing. The aim is to understand the principles involved, and emerging best practice. Executive Ethical Leadership examines the role of the CEO and other top leaders in modern organizations, highlighting their ethical challenges and exploring the implications of a variety of ethical frameworks to facilitate more effective complex organizational decision making in a rapidly changing business environment.

Family Business and Entrepreneurship looks into the characteristics of both, and analyzes the key differences between the two with emphasis on the management and capital structure, governance, board structure and selection as well as finance performance. The course also discusses what causes the success or failure of a family business, and the different roles played by the family council and nonfamily executives. Financial Information for Management Planning and Control covers the use of financial information in management decision-making. Topics include profitability and performance measurement issues, and activity-based management. Financial Reporting Systems introduces generally accepted accounting principles and concepts along with the preparation and analysis of financial statements. Global Macroeconomics provides a framework for addressing issues about the global economic environment. It will then apply the framework to understanding the global economy. It will introduce important insights in the labor, money and foreign exchange markets. Individual and Group Behavior in the Organization focuses on how to organize and motivate human capital of a firm, execute strategic change through knowledge of competitive decision-making, reward system design, social network analysis and team building. Innovation Strategy and Management explores a broader, more inclusive view of innovation, enabling the manager to employ innovation as a more effective competitive weapon, leading to an understanding of state-of-the-art Innovation Process Management within and between firms, and across geographies. International Growth analyzes the why and the how of corporate international growth. In a world fixated by “globalization”, the most fundamental questions for companies planning and managing their overseas growth will be examined. Successes and failures will be discussed in order to understand what management teams must do to get international growth right.


29 Statistical Decision Analysis explores the use of sample data for purposes of estimating, predicting, forecasting, and decisionmaking. Strategic Challenges in Emerging Markets integrates numerous business examples with insights from the latest economics, business strategy, and political science research to provide the international business manager with a cutting-edge, integrated perspective on globalization and a set of strategic solutions to manage the most prevalent business risks in emerging markets. Law and Corporate Manager studies the legal environment in which business organizations operate. Topics include rights of shareholders; director’s and officer’s liability; mergers, acquisitions, and takeovers; and securities regulation. Managerial Finance explores the strategic decision that an organization makes leading to capital spending. The risk element in financial decision-making and the financial instruments that have evolved to reallocate risk in the economy are discussed. Marketing Management addresses the importance of companies being market-driven and customer-focused and presents current theories and practices of marketing management. Negotiations develops negotiation and dispute resolution skills through simulations set in groups, and multilateral contexts within and between organizations. Operations Management examines some of the basic principles of managing the production of goods or services and studies some useful tools. The course emphasizes tools and principles that are equally useful in service and manufacturing sectors. Operating Strategies for General Managers explores economic principles of business strategy and develops an analytic framework for identifying and evaluating alternative strategies. Organizational Design focuses on the selection of appropriate organizational structures for strategy implementation. Private Equity in Asia Pacific provides an overview of private equity in the region, underwriting methods and various details in structuring.

Strategic Crisis Management discusses the dynamics of crisis and its impact on strategy and system, and finally leads to an appreciation of the possible threats and opportunities. Strategic Decision Making develops participants’ intuitions to help them make these decisions using formal models, role playing, case studies, and class discussion. Specific topics covered include strategic thinking, flexibility, commitment, pricing, auctions, wars of attrition, and common biases in strategic decision making. Strategic Financial Management examines important concepts and principles of financial management using both a review of theory and cases. The course emphasizes valuation skills as a means to bring together cost of capital, financing, and operating issues faced by firms. Strategic Management Foundations views strategy as a limited set of general manager decisions that if consistently executed will drive an organization to achieve its longer-term objectives or vision. These decisions are developed and illustrated in substantial detail. Recent trends in strategic decisions are also discussed with contemporary examples provided. Strategic Marketing Decisions examines strategies over the product lifecycle including growth strategies, strategies for mature and declining markets, and defensive strategies. Understanding Consumers gives participants an appreciation of how getting inside the mind of the consumer enables the marketing manager to design better effective marketing strategies, with a particular emphasis on effective communication tactics. This course provides both micro and macro perspectives on the factors influencing a customer.


30

Unlocking global secrets Typical Global Elective Courses Tel Aviv: Kellogg-Recanati Intellectual Capital Management covers the broad agenda of using intellectual capital for competitive advantage. A “Lifecycle” approach will be adopted for the pro-active management of intellectual assets. This lifecycle covers the creation of the intellectual asset, its codification in the form of intellectual property, its valuation and leveraging to realize sustainable competitive advantage. Security Analysis; Psychological and Organizational Influences on Financial Decisions offers the unique opportunity to combine financial analysis with a more behavioral emphasis on decision making. The objective of the course is to combine an understanding of the economic and psychological influences on financial decision making. Venture Capital (VC) industry, the “players” and their respective roles will be presented and discussed. Participants will experience the life cycle of an investment decision and will learn the VC game plan and best practices of the industry. Miami: Kellogg-Miami Entrepreneurial Finance teaches prospective entrepreneurs the fundamentals of entrepreneurship with a focus on finance. Topics include pro-forma development and review, business valuation models, cash flow analysis and raising capital. Family Enterprises: Success and Continuity is intended for those from business-owning families, whether they work in the family business or not. Topics range from succession and family dynamics to continuity planning and strategic performance. The course is also appropriate for those who have family foundations, family investment companies and/or family office. International Finance studies international financial instruments, markets and institutions. Topics include the nature of foreignexchange risk, determination of exchange and interest rates, management of foreign-exchange risk with forwards and options, evaluation of international investments, exchange rate forecasting, the anatomy of currency crises, and current issues in international finance. Management of Organizational Change focuses on the key tasks of leading the strategic change process in organizations. Those leadership tasks include creating a shared urgent need for change, creating a shared understating of the reality of change issues, creating a shared changed vision, creating a

belief that change is possible and leading the strategic change transition process. Managing Price and Value Perceptions introduces the principles of pricing that have been adopted by the best-in-class firms. A core component of the course is a theoretical, normative framework of value. Tools and techniques for pricing optimization and the importance of managing price perceptions would be discussed. Mergers and Acquisitions prepares participants for the Mergers and Acquisitions field. It familiarizes one with different paradigms and perspectives, integrates the accounting, economic, financial and legal aspects. Toronto: Kellogg-Schulich Enterprise IT Strategy and Governance is designed for all executives who participate in decision making that affects the IT function, or who have an interest in strategic IT issues. The orientation of this course is organizational and strategic. It deals with the effective management of capabilities generated from IT, rather than the systems themselves. International Strategy endeavors to delve into the frameworks, explore the tools, and identify the methods and skills that managers need to deploy in order to help their firms develop effective international strategies for competitive advantage in the global marketplace. Vallendar: Kellogg-WHU Corporate Social Responsibility addresses the changing roles and relationships between business, government and civil society. Relevance of business systems in different countries and the way they shape Corporate Social Responsibility will be analyzed. Luxury Brand Management contrasts the specificities of luxury brand management with traditional marketing approaches. The differences in techniques and procedures used when marketing luxury brands comparing with mass-market brands will be analyzed. The course is designed to deepen one’s knowledge in the field of marketing. The Business Environment in Europe introduces the main aspects of trade integration and monetary unification that are relevant for firms involved in international transactions with Europe. It emphasizes that international business needs to understand the implications of integration issues if it aims at making optimal decisions and avoiding crucial mistakes.


HONOLULU Tom Young Principal Group 70 International (KH04, 2001-2002) When I applied to MBA programs, I was looking for a different perspective than what I could get in Hawaii. The Kellogg-HKUST EMBA program had an international viewpoint and really delivered an innovative curriculum offering some of the best marketing and finance courses available in the world. As an architect and marketing director, the broader viewpoint expands the range of consultation services to resort and hotel developers. I “commuted� from Hawaii to attend this program and made some sacrifices. However, in the long run, it was very much worth it all.


HONG KONG Jake Sims Chief Architect Cathay Pacific Airways (KH15, 2012-2013) When I selected an EMBA program, I prioritized diversity of the student body, both cultural and professional, as a core requirement. Having worked on four continents, I realized the value in understanding, appreciating and leveraging the unique perspectives of different cultures and backgrounds. In fact, being able to understand and work within a multicultural environment is critical to our success in today’s business world, especially here in Asia. From Moscow to Manila and from executives to entrepreneurs, the Kellogg-HKUST program’s diversity creates a truly unique learning experience that extends far beyond the classroom. I have no doubt that the experience will benefit us for years to come.


33

Perfect learning environments Kellogg School of Management

Leaders understand the importance of having the optimum environment in which to think, plan, and study. For those taking part in the Kellogg-HKUST program, the working environment could hardly be better. Both universities boast tranquil, attractive campuses which provide ideal contexts for the vigorous intellectual exchanges that are hosted there. Participants will find themselves inspired by the place, and invigorated by the company.

Tranquil lakeside facilities James Allen Center, Kellogg School of Management, Chicago, USA

Residential facilities The James L. Allen Center, which overlooks Lake Michigan, is home to the Kellogg Executive MBA programs. In addition to its many dining rooms, lounges, recreation areas and study rooms, the facility contains 150 bedrooms and is staffed 24 hours a day. Teaching facilities The Kellogg teaching facilities are in the Allen Center’s instructional space, with several large classrooms, a 250-seat, two-tiered amphitheater, and numerous smaller rooms for workshops and group seminars.


34

Perfect learning environments The Hong Kong University of Science and Technology Business School

Spectacular Clear Water Bay Campus The Hong Kong University of Science & Technology, Clear Water Bay, Hong Kong

Residential facilities Participants reside in apartments in the University Center. Two participants share one serviced apartment with separate bedrooms. Participants have access to catering, sports and recreation facilities. Teaching facilities The facilities, designed for the Executive MBA students, include the executive training floor with five lecture theaters, resources room, lounge area and breakout rooms. Starting from Spring of 2013, the business school will relocate to The Lee Shau Kee Campus which is located atop of the HKUST main campus. It occupies an area of about 10 hectares, representing about 15% of the total area of the main campus. We provide everything so that you may focus entirely on the intellectual adventure of the program. The program fees cover everything from faculty teaching, books and course materials, accommodation for live-in weekends and weeks, as well as all meals. Each participant will receive an iPad; to facilitate the learning process, participants can obtain up-to-date course information and materials through an “KH EMBA App�.


SHANGHAI Samantha Law Director of Operations Finance Nike Sports (China) Co., Ltd. (KH14, 2011-2012) The width and depth of the perspectives, thought processes and ideas behind all the global executives are amplified further by each individual’s own unique and diverse professional and personal background. The multiplier effect is much more than what the number of languages and nationalities that the class statistics can speak for. I joined the Kellogg-HKUST program knowing that it offers insights into business dynamics worldwide but I have departed to embark on a new course of lifelong connections with a worldwide web of evolving intelligence offered by my fellow classmates, professors and alums.


TOKYO Hiroyuki Kaihoko Manager Asahi Group Holdings, Ltd. (KH14, 2011-2012) I was attracted to Kellogg-HKUST EMBA and had high expectations for the program because of its strong academic reputation, the deep experience and diversity of the student body, and its location in booming Asia. The program exceeded my expectations. I learned valuable insights from my classmates and developed personal and professional relationships that I expect will continue beyond retirement. I am 100% convinced that my training at Kellogg-HKUST and relationships with my fellow classmates have prepared me to be not only a well-rounded manager but also a leader who can motivate and inspire my colleagues to achieve ambitious goals.


37

A new window for NPO leaders

There are many qualified leaders in non-profit organizations (NPO), and non-governmental (NGO) organizations that need the kind of education the Kellogg-HKUST program can provide. These senior managers can bring valuable sharing and perspective into our classroom. These organizations often lack the financial means to support a world class EMBA yet we know the difference it could make for their organizations. To recruit the cream of leadership talent, the NPO Tuition Award aims to provide support for the NPO participants in the worldclass program. The Award will be up to 25% of the program’s tuition fee. A generous donation of HK$1.1 million has been made by Prof. Larry Franklin, a professor who has taught the program for the past decade, towards the setting up of the Award. His donation is matched by the HKUST Business School. Alumni have also been contributing to this fund. The Award will be given to an admitted participant who has a strong background and interest in NPO work. The candidate will be required to remain within the non-profit charitable sector for an agreed period of time after graduation.

Thomas Chan, Honorary President, World Vision China Board Member, World Vision Hong Kong (KH03, 2000-2001) I decided to take the Kellogg-HKUST EMBA program because I felt I needed to learn management techniques and the best practices of industries from other international executives. The program taught me how to refin our management in the areas of finance, marketing, fund-raising and human resources. One of my biggest challenges is finding ways to inspire and motivate staff. They work with us because of a shared vision – not for the salary. From the program I learned how to manage expectations and to align vision with achievable goals.

Senior executives of the following NGOs were recipients of the scholarship in the past: • Bless China International • Clinton Foundation • Greenpeace International • Hong Kong Education City Ltd. • The Nesbitt Centre • Office of the United Nations High Commissioner for Refugees


38

Admission requirements

Applicants for admission to the Executive MBA program must: • Possess a bachelor’s degree from a recognized university or an approved institution, or possess recognized professional qualifications equivalent to a degree; • Have at least 10 years of significant full-time work experience after obtaining their bachelor’s degree or professional qualifications; and • Have company sponsorship and support. • Results of the Test of English as a Foreign Language (TOEFL) or International English Language Testing System (IELTS) for applicants who were educated at institutions where the primary language of instruction was not English and whose native language is not English.

In addition to an academic background, the candidates should be able to demonstrate that: • Their organization sponsor considers they are outstanding and have potential within the organization; • They are holding, or will soon hold, positions of executive responsibility that make the program of value in furthering their career; and • They have both the time and the motivation to make the commitment to attend classes and prepare assignments. Each Executive MBA participant is required to have his or her own portable personal computer. Participants are encouraged to familiarize themselves with word processing, email and spreadsheet analysis on PCs prior to the beginning of coursework. They must also maintain personal email accounts to facilitate communication with the Executive MBA program office, the faculty and other Executive MBA participants. The target size for each Executive MBA class is 50-60 students.


39

How to apply

An application packet is included in this brochure. In order to apply for entry into the Kellogg-HKUST Executive MBA program, the following documents should be submitted:

A.

The completed application forms;

B.

Two letters of recommendation;

C.

A letter of sponsorship from the appropriate officer in the applicant’s organization that describes the organization’s understanding of its commitment to financial support and time requirements (a sample letter is enclosed);

D.

(i) Original sealed copies of official transcripts with grades from all universities attended, and / or (ii) Original copies of official proof for professional qualifications;

E.

An application fee of HK$1,500 or US$200 (a check payable to “HKUST”);

F.

Results of the Test of English as a Foreign Language (TOEFL) or International English Language Testing System (IELTS) for applicants who were educated at institutions where the primary language of instruction was not English and whose native language is not English; and

G.

One business card.


40

A world of support

Here are some of the companies which have provided tremendous support to our participants during their studies: 698 Capital A-1 Shipbuilder & Ship Repair Corporation Abacus Seychellers Ltd. ABS-CBN Corporation Accenture Achieve Global (HK) Ltd. Shanghai Office Advanced Digital Broadcast SA. Advanced Technology Materials Inc. AgustaWestland S.p.A. AIG Investment Corporation (Asia) AIPTEK International Inc. Air Products Asia, Inc. Akzo Nobel Cross-linking Peroxides (Ningbo) Co., Ltd. Alberto Culver (HK) Ltd. Alcatel-Lucent Alcoa International Asia Ltd. Alibaba Allergan AllGreen Group Alpha & Omega Semiconductor (Hong Kong) Ltd. Alstom American International Assurance (AIA) Company, Ltd. American President Lines Ample Sources Industries Ltd. Analog Corporate Services (HK) Ltd. Analog Devices (HK) Angelo, Gordon Asia Ltd. Anheuser-Busch InBev (China) Ant Global Patners HK Ltd. APO Cement Corporation Apps Associates Pvt. Ltd. Architects Hawaii Arco Global Energy

Armstrong World Industries (China)

China Equity International Holding Company Ltd.

Arrow Asia Pac. Ltd

China Hewlett-Packard Co.

Arthur Andersen (Shanghai) Business Consulting

China International Capital Corporation Ltd.

arvato services China

China Motion Telecom International Ltd.

Asahi Breweries, Ltd.

China Overseas Holdings Ltd.

ASAT Ltd.

Chun Wo Development Holdings Ltd.

Asia Alliance, Charter Century Group and Do Thanh Viet

CIBC World Markets

Asiaplast Industries Tbk

Cisco Systems, Inc.

Asiaworks

Cisco-Linksys China

Askey Computer Corp.

Citibank Singapore Ltd.

Astec, Emerson Network Power

Citibank, N.A.

Atlantis Investment Management (HK) Ltd.

Citigroup

Atos Origin

Citilog Asia Pacific Ltd.

ATR-Kim Eng Securities

Citrix Systems Hong Kong Ltd.

Autodesk Far East Ltd.

City Telecom (HK) Ltd.

Avnet Technology Solutions

Clean Focus Corporation

Bagua Group Ltd.

Clinton Foundation

Baker & McKenzie

Clorox

Baleno Holdings

CLP Group

Banco Central Hispanoamericano, S.A.

CNN, Turner International Asia Pacific, Ltd.

Bank of America Merrill Lynch

Coca-Cola China

Bank of Communications, Hong Kong Branch

Coca-Cola Southeast & West Asia

Barclays Capital

Computershare Hong Kong Investor Services Ltd.

Barclays Global Investors Southeast Asia Ltd.

ConAgra International (HK)

Barco Ltd.

CORE Solutions Ltd.

Barons & Company

Corning (China) Ltd.

Bekaert Specialty Wire Products Hong Kong Ltd.

Credit Suisse

Belton Holdings Ltd.

CRH Management (Beijing) Co., Ltd.

BlackRock Asset Management North Asia Ltd.

CSR plc

Bloomberg L.P.

Cummins Corp.

Boase Cohen & Collins, Solicitors & Notaries

CXC Consulting Ltd.

BOC (China) Holdings Co., Ltd.

D&S Products Manufactory Ltd.

BOC Gases

DAC Financial Management (China) Ltd.

Bossini International Holdings Ltd.

Dai-ichi Life International (AsiaPacific) Ltd.

Boutique Asset Management Ltd. (A Thakral Land Company)

Dairy Farm International Holdings Ltd.

BP Amoco Oil

Damco Hong Kong Ltd.

BP Zhuhai Chemical Co. Ltd. Briggs & Stratton Corporation British American Tobacco Asia-Pacific Region Ltd. BRS Nike Taiwan Plc BT Professional Services Burson-Marsteller C. Melchers GmbH & Co. KG Cadence Design Systems Calyon Canadian Imperial Bank of Commerce Cape International Management Ltd. Capgemini Business Services (Asia) Ltd. Cargill Philippines, Inc. Carlo Gavazzi Holding AG Catalyst Innovation Group Ltd. Catalyst Semiconductor Corp. Cathay Pacific Airways Cathay Pacific Steel Corporation Cavite Apparel Corporation CCL Industrial Motor Ltd. CDC Venture Investment Cebal Zhongshan Cemex Strategic Philippines Inc. Cherrypicks (ideaCulture (H.K.) Ltd.) Chevron Chemical Company

Dallas Semiconductor Corporation Taiwan Datacraft Asia Ltd. Datascope Corp. DBS Kwong On Bank DDB Worldwide Deere & Company Dell B. V. Taiwan Branch Dell Computer Co. (China) Dell, Inc. Deloitte Touche Tohmatsu, Hong Kong Delta Electronics, Inc. Deutsche Bank AG Deutsche Securities Asia Ltd. DG Bank Dimension-All Formworks and Scaffolding Inc. DIYR Communications Ltd. Dole Asia Duraville Realty and Development Corporation Duuri Oy Eagle Ottawa China EDS Electronic Data Systems (HK) Educomp Solutions Ltd. Ekman Pulp and Paper Ltd. Electrolux Construction Products (Xiamen) Co., Ltd. element14.com Elite Industrial Holdings Ltd.


41 Elpine Technologies Ltd.

Hewlett-Packard Asia-Pacific Pte. Ltd.

Lei Shing Hong Property (China) Ltd.

EMC

Hitachi Data Systems Ltd.

Level 3 Communications

Environmental Systems Products Holdings, Inc.

HKR International

Lippincott Williams & Wilkins Asia Ltd.

Ericsson

HKUST Biotechnology Research Institute

Lotus Tours Ltd.

Ericsson Taiwan Ltd.

Honeywell

Lufthansa Service Asia Ltd.

Ernst & Young

Hong Kong Education City Ltd.

LVMH Fashion

Euro RSCG Partnership

Hong Kong International Theme Park Ltd. (Hong Kong Disneyland)

M.M Marketing Communications Consulting Co. Ltd.

Hong Kong Mercantile Exchange

Macsteel International Far East Ltd., Hong Kong

Eurocell International Ltd. Evergreen International Airlines Evergreen International Holdings Ltd.

Hong Kong Monetary Authority

Excelligence (Ningbo) Warehousing Co., Ltd. & Excelligence Learning Corp. HK Ltd.

Hong Kong Sports Institute Hony Capital Ltd.

Exist

HSBC

Extreme Networks Inc.

HT Media Ltd.

Fabio Perini China

HuaAn Asset Management (Hong Kong) Ltd.

FactSet Hong Kong, Ltd.

Huawei Tech. Investment Co., Ltd.

Federal Express Corporation

HUD Group

Ferrero Asia Ltd.

Hyatt International Hotels

Ferro Corporation

IBL Imports (H.K.) Ltd.

FESCO Co.

IBM China/Hong Kong Ltd.

Fidelity Investments Securities (Taiwan) Ltd.

IBM Global Services, Greater China Group

Fiducia Management Consultants

IC Resource Pte Ltd.

Financial Times (Japan) Ltd.

ICON Health & Fitness

Fineso Limited

ICON Technology

Firmenich Asia Private Ltd.

IJM Corporation Berhad

Fitch IBCA

Imerys S.A.

Flextronics Manufacturing (HK) Ltd.

Indosino Group

Forney Corporation / Fireye Inc.

Infineon Technologies Hong Kong Ltd.

Fortune Cement

ING Bank N.V.

Fortune Tobacco Corp.

ING Financial Planning Ltd.

Fossil (East) Ltd.

ING Investment Management Asia Pacific Ltd.

Franke Foodservice Systems Asia

Integro International Incorporations

Fresenius Medical Care

Intel

Gammon Skanska Ltd.

Intel Microelectronics Asia, Ltd. Taiwan Branch

Gartner Group

Intelligent Strategy Group

Gartner Japan

Interasia Lines Ltd.

GDS Capital Advisors Inc.

International Paper Shorewood Co., Ltd.

GE Capital, Korea

Ionics EMS, Inc.

GE Capital Greater China

J.P. Morgan

GE Equity Asia Pacific

J.V. Fitness Ltd.

GE Japan Corporation

Jacky Maeder (HK)

GE Plastics

Jardine Matheson Ltd.

GE Transportation Systems

Jardine Shipping Services

Gemartrans Asia

Jean M. Wong School of Ballet

General Accident Insurance Asia Pacific

Jidou Limited and Asiacity Business Limited

General Enterprise Management Services (HK) Ltd.

Jimho International Ltd.

General Motors

Jimlar Corporation

Genesis Global Strategies

Johnson Controls, Inc.

Genimex Group

Johnson Electric Manufacturing

Genius Link International Ltd.

Johnson Polymer

GFI Securities HK LLC

Jointgain Industrial Ltd.

Glass Solution Sdn Bhd

Joyce Boutique Holdings Ltd.

Global Logistic Properties Investment Management (China) Co., Ltd.

JP Morgan Chase

Global Sources

JTI (China)

Goldman Sachs (Asia) L.L.C. Google Inc. Grandtag Financial group Great Ocean Investment Co. Ltd. Green Cross Vaccine Corp. Green Valley Landfill Greenpeace International Greensfield Development Corporation Grey Group Grey Hong Kong Guang Dong Esquel Textiles Co., Ltd. Guangzhou OTIS Elevator Co. GuardTime Gucci Group (Hong Kong) Ltd. Hagemeyer Commerce and Trade (Shanghai) Co., Ltd. Hang Lung Properties Hang Seng Bank Ltd. Hewitt Associate Consulting (Shanghai) Co. Ltd. Hewlett-Packard (China) Co.

JPMorgan Funds (Asia) Ltd. K Corporate Services Ltd. K.C. Ho & Fong, Solicitors & Notaries K.P. Cheng & Co. and Weinberg & Company Kadoorie Farm & Botanic Garden Corporation Kalaw Sy Selva & Campos Law Firm KGL Investment Company K.S.C. Kimberly-Clark Hong Kong Knoll, Inc. Kodak (Far East) Kodak (Hong Kong) Ltd. Kohler Asia Pacific Kolon International Corp Vietnam Korn/Ferry International L.T. Property Consultants Lai Fung Holdings Ltd

Macquarie Bank Maersk (China) Shipping Co. Ltd., Agents of Maersk Line Maersk Hong Kong Ltd., Agents of Maersk Line Manulife Business Processing Services Marriott International MasterCard Worldwide Maunsell AECOM Group McDonald’s China Development Company McDonald’s Fujian Medtronic International Ltd. (Hong Kong) Meespierson Fortis Bank Asia HK Meiya Power Company Ltd. Melco International Development Ltd. MERALCO (Manila Electric Company) Mercer Human Resources Consulting Guangzhong Merrill Lynch (Asia Pacific) Ltd. Merrill Lynch Alternative Investments LLC Microsoft Microsoft Operation Pte Ltd., Singapore Miele Mindray Medical International Ltd. Ministry of Health, Singapore Mirabilis Design Inc. Mirant Asia Pacific Mizuho Securities Asia Ltd. Modern Terminals Moen MOL (Asia) Ltd. Molten Monopoly Design Moody’s Analytics Moody’s KMV Morgan Guaranty Trust Morgan Stanley Motorola Motorola Electronics Pte Ltd. MSIG Holdings (Asia) Pte Ltd. Msisensors (China) Co., Ltd. MTD (Suzhou) Co., Ltd. MTR Corporation Ltd. NAI Asia Pacific Properties Nam Fung Printing Co. Ltd. NeoPhotonics Corporation NetApp (Hong Kong) Ltd. Network Hardware Resale, LLC Nevis Networks Ltd. Newbridge Asia NF Smith & Associates, LP NICE APAC Ltd. Nike Sports (China) Co. Ltd. Ningbo Hualian Group Co. Ltd. Niscom, Inc. NobelOil Noble Group Ltd. Nokia Taiwan Co. Ltd. Nortel Networks (China) Ltd. Nortel Networks Asia Nutriasia, Inc. Oakfield Ltd. Oasis Hong Kong Airlines Oberthur Card Systems Asia Pte Ltd.

Langham Hospitality Group

Office of the United Nations High Commissioner for Refugees (UNHCR)

Learning Curve International Ltd.

Ogilvy & Mather Advertising

Lee and Li, Attorneys-at-Law

OLS Group

Legend Holdings

OneGate Capital


42 Onfem Holdings Optical Electronic Holding ROSS Oracle (China) Oracle Systems Hong Kong Ltd. Orbit Irrigation Products Inc. Orient Overseas Container Line Ltd. Orion Associates Our Lady of Fatima University Owens Corning Pacific Bulk Logistics Ltd. Pacific Century Insurance Pacific Century Premium Developments Ltd. Pacific Sunrise Pacific Textiles Ltd. Pama Group Inc. Parfums Christian Dior (China) PCCW Ltd. PeopleSupport, Inc. Pepsi Co. Inc. Perception Digital & Infinite Financial Solutions Pfizer Pharmaceuticals Korea Ltd. Philip Morris (Thailand) Philips Electronics Hong Kong Ltd. Philsteel Holdings Corporation PineBridge Investments PLDT Global Corporation PMA Global Ltd. Prada Asia Pacific Ltd. Preciosa Int’l (HK) Ltd. PricewaterhouseCoopers Proficiency Industrial Products Ltd. ProLogis ProLogis Korea Protiviti Hong Kong Co., Ltd. PSA International Pte Ltd. PT Arghajata Capital Advisory RAM Consulting Inc. Ram Pacific Ltd. Rayfam Enterprises PVT. Ltd. RBS-Global Banking & Markets Reemtsma International Asia Services Ltd. Reemtsma International China Republic National Bank of New York Reuters Group Ltd. Ricetek Systems Inc. RNA Holdings Rockwell Automation Asia Pacific Ltd. Rouse & Co. International (Shanghai) Ltd. Royal Bank of Scotland plc Rumailia Operating Organization S.C Johnson Shanghai Ltd. Safilo Far East Ltd. Saint Honore Holdings Ltd. Sallmanns (China) Ltd. Sallmanns (Far East) Ltd. Sammart Fashion Co., Ltd. Samson Paper Holdings Saurer Group - Barmag Ltd Schneider Electric Schwarz Pharma (HK) Scitex Vision Hong Kong Ltd. (HP) SDV China Ltd. Seagull Dredging Pvt Ltd. Senrigan Capital Group Ltd. Serica Corporation Sewco International Holdings Ltd. Shanghai Aonan Trading Co., Ltd. Shanghai City Link Information Technology Co. Ltd. Shanghai Givaudan Ltd. Shanghai Johnson Shanghai Korn/Ferry Human Capital Consulting Company Ltd. Shanghai Peggy Foods Co. Ltd.

Shanghai Schindler Elevator Technology Service Co., Ltd.

United Engine Corporation

Shanghai Wei-Chuan Food Ind Co., Ltd.

Unitex Metal & Plastic Accessories (Zhejiang) Ltd.

Shenzhen Sullair Asia Industrial Siegling Asia-Pacific Siemens Ltd., China Signum Tree Silicon Graphics Silk Road Group, Inc. Simplot Australia Pty Ltd. Sindicatum Carbon Capital Sinomax Group Sir Elly Kadoorie & Sons Ltd. SKD Pacific Society for the Prevention of Cruelty to Animals (HK) Sony Music (Asia) Inc.

United Technologies Automotive Unysis China UOP Processes International Inc. Vaillant Verbatim (Hong Kong) Ltd. ViewSonic International Corporation Viholding/Vimetco Group Vivendi Water VTech Telecommunications Ltd. Wachovia Bank, NA, Hong Kong Wah Yuet (Ng’s) Group Holdings Co. Ltd. Warner Shui Hing Ltd. Watson Wyatt Hong Kong Ltd.

Southco Asia Ltd.

WeKIDS Children School/ WeKIDS Education Foundation, Taiwan

Spin Master Toys Far East Ltd.

Whitehead Mann Ltd.

Sprandi International Ltd.

Winbo Industries (H.K.) Ltd.

Sprint International

Wing Lung Bank Ltd.

SRAM Corporation

Wison Group Holding Ltd.

SRS Investment Advisors (India) Private Ltd.

Wonders Information Co., Ltd.

STACI Ltd.

Woori Global Markets Asia Ltd.

Stanadyne Changshu Corporation

World Sport Group Ltd.

Standard Chartered Bank (Hong Kong) Ltd.

World Vision

Standard Chartered Bank China Ltd.

World Wide Fund For Nature

Star Oil, Inc.

World-Check

Start Technology Company Ltd.

Wuhan Langold Real Estate Development Co., Ltd.

STMicroelectronics Ltd.

Wybridge Holdings Ltd.

Strategic Systems Solution (Hangzhou) Co. Ltd.

Yahoo! Hong Kong Ltd.

Sun Hung Kai Investment Services Ltd.

Yahoo! Inc.

Sunniwell Holdings

Yanlord Land Group Ltd.

Sunrise Fluid Power Inc.

Yeong Chin Machinery Industries Co. Ltd.

Swiss Re Asset Management (Asia) Ltd.

Yum! Restaurants China

SyCip Gorres Velayo & Co.

Zenith Media

Synovate Takeda Chemical Industries Ltd. T-Capital Ltd. Tech Mahindra Techtronic Industries Co. Ltd. TeleTech International Tencent Holdings Ltd. Tesoro’s Group of Companies Texaco Texas Instrument Israel Ltd. Texas Instruments Taiwan The Bank of Bermuda Ltd. The Boeing Company The Capital Group Companies The East Asiatic (Thailand) Public Company Ltd. The Gap International Sourcing Ltd. The Hong Kong Academy Educational Foundation Ltd. The Hong Kong Jockey Club The Nesbitt Centre The Royal Bank of Scotland plc The Smart Cube (Hong Kong) Ltd. The Walt Disney Company The Walt Disney Studios Asia Pacific Company Thomson Financial ThyssenKrupp AG Timeplex Group TMC HongKong Ltd. TNS TNT Asia Pacific Top Glory International Holdings Ltd. TPG Capital Ltd. Tricon Global Restaurants Triumph International Overseas Tsar & Tsai Law Firm Tsinghua Yuanxing Bio-pharm Science & Technology Co. Ltd. Turner Broadcasting Sales Southeast Asia Inc. Turner International Asia Pacific UBS AG


HONG KONG Akihiko Katayama Head of Retail Risk Analytics, Asia-Pacific HSBC (KH07, 2004-2005) The Kellogg-HKUST EMBA has helped me appreciate the business I am in, know how to manage it effectively and fell comfortable that I can provide leadership to my organization. By leveraging the 500 years of people experience that I found within my classroom, I was able to simulate a lot of team changes with my classmates and understand the impact of my decision on staff and customers before initiating changes at work. There was something in the classroom that I cannot account for – the spirit of classroom learning lives on within us and the relationship I have built during the program continue to grow stronger. I am amazed how much we continue to explore each other’s passion at work and at home and the nurturing that goes on to channel this passion into something that my company, friends and family can enjoy. Thank you for connecting me to my wonderful friends – students and professors, and the capabilities I now have to support a business.


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Program administration

Judy Au Head Eva Wong Assistant Director Korie Law Program Officer Grace Yu Program Officer Cherry Chim Program Officer Evelyn Loo Program Officer Anthony Yeung Program Assistant


Kellogg-HKUST Executive MBA Program Office Room 6549, 6/F, Annex Building The Hong Kong University of Science and Technology Clear Water Bay, Kowloon Hong Kong www.bm.ust.hk/khemba


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