Executive MBA in Business Innovation

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in Business Innovation www.mib.edu/embain EMBAIN
Executive MBA
MIB
Trieste School of Management

MIB Trieste School of Management

MIB was founded in 1988 in Trieste (Italy) with the mission of providing management education and conducting applied research in all areas of management. The school strives to meet the demand for management skills of managers, entrepreneurs, and professionals. The portfolio of activities includes MBAs, Specialized Masters, and Executive Education Corporate Programs. The full-time master’s programs are taught entirely in English and attract students from all over the world. This multicultural environment makes studying at MIB Trieste an enriching experience that allows contact with different cultures and opens career opportunities on a global scale.

Accreditations

Associations

"Over the years, MIB Trieste School of Management has earned a reputation as a center of excellence thanks to the quality and international outlook of its faculty, the inspiring learning environment, the diverse national and cultural backgrounds of its participants, and the solid connections with its partner companies and the business world in general. We are honored to work with people who challenge themselves and are willing to invest in their future with commitment and determination."

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To drive growth in an increasingly fast-changing and interconnected world, leaders must leverage innovation, speaking the language of both management and technology. With this in mind, we designed EMBAIN as a part-time MBA program focused on providing the skills and agile mindset needed to integrate technology and management practices for business transformation.

Executive MBA in Business Innovation

More than an MBA: touch and practice the transformation

MIB is one of the only four Italian business schools offering MBA programs that are internationally accredited by AMBA - Association of MBAs. We have been offering MBA programs since 1988 and, building on this solid experience, we have developed Executive MBA in Business Innovation to help managers and entrepreneurs foster business innovation from idea to market.

EMBAIN takes a hands-on approach that integrates the general management skills of the MBA with technology and innovation skills. This integration is reinforced by the creation of real new businesses that participants must develop during the MBA program and that is evaluated at the end of the program by a committee of faculty and real potential investors.

The power of the partnership

An ambitious program like EMBAIN is the joint result of a partnership that combines the rigor of a business school (MIB), and the pragmatism of a venture capital advisor (Venture Factory) focused on developing high-tech startups. Thanks to this partnership, the faculty includes academic scholars and leading industry experts who bring their extensive practical knowledge to the courses. In addition, EMBAIN brings its students to three centers of excellence to experience innovation directly at the source: McKinsey Digital Competence Center Venice to experience Industry 4.0, Galileo Visionary District Padua to practice Design Thinking, and Scuola Superiore S.Anna and the University of Pisa at the frontier of Robotics, AI and Open Innovation.

"We have developed Executive MBA in Business Innovation with the mission to help managers of companies in transition and innovative entrepreneurs design, lead and develop the business of tomorrow. It is an experiential learning journey designed to fill the demand for a new breed of business leaders with both, the digital acumen and the managerial hard and soft skills required to unlock the transformation.”

for Executive Education at MIB Trieste School of Management and Academic Director of the Executive MBA in Business Innovation

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A program built with innovation leaders

CO-FOUNDING PARTNER

The EMBAIN program idea was born in 2019 through the collaboration of MIB Trieste School of Management and Venture Factory, a prominent venture capital advisor that enables corporations and financial institutions to find bestin-class innovation opportunities among leading universities and research centers.

Venture Factory

Creates and grows deep tech enabling corporate innovation. Led by a team of senior professionals with a significant background in venture capital, international industries, technology transfer, and research, Venture Factory works together with universities, research institutions, corporations, and venture capital funds in order to turn great discoveries into successful products, services, and

LEARNING PARTNERS

LEF-Digital Capability Center (DCC)Venice is a joint venture between McKinsey & Company and the Italian Industrial Association. LEF-DCC Venice is an experiential training center to successfully realize lean, agile, and digital transformations in operations.

Galileo Visionary District is a Science and Technology Park that hosts more than 300 companies, funded by the University of Padua, the Chamber of Commerce of Padua, and the Bank Foundation CA.RI. PA.RO. Galileo’s specializations are tailored toward four types of design: industrial, digital, communication and product.

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Key Facts

EMBAIN CANDIDATES

→ Managers, entrepreneurs or start-uppers.

→ Minimum 3 years of work experience.

→ From businesses that are driven by innovation or want to foster innovation in their business models.

CLASSROOM

→ Maximum 30 participants.

→ Diversity in education background, culture and experience.

TIMING

24 months: 06/2023 → 06/2025

Classes 2 days per month + 3 residential weeks (opening, mid and closing)

LOCATIONS

— 10 weekend sessions in Milan

— 1 weekend at Scuola Superiore S. Anna, Pisa

— 6 weekend sessions online

— 1 week at Galileo Innovation District in Padua

— 1 week at MIB Trieste School of Management

1week at LEF -McKinseyVenice Digital CapabilityCenter

HOW TO APPLY

To start the admission process, please complete the application form online www.mib.edu/embain/apply

Application deadline: 9 June, 2023

EMBAIN starts: 29 June, 2023

Part-Time Blended-Learning Program

Flexibility and innovation are embedded in the EMBAIN agenda. It is a part-time, two years program that is cutting-edge, robust and designed to mesh with the intense work schedule of a successful business professional and entrepreneur.

Executive MBA in Business Innovation blended learning parttime format allows you to continue advancing your career or your business while you learn.

The delivery methodology reflects the smooth process developed in 25 of MIB's Executive MBA editions that splits the learning sessions into 22 learning weekends and 3 learning weeks. All learning experiences will also be supported 24/7 by MIB's online platform, which allows the interaction among students and the lecturers.

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Why EMBAIN

Today's companies need a new generation of ambidextrous leaders able to run the business as usual through the exploitation of established business models, and contemporarily through the exploration of new opportunities and ideas with an entrepreneurial mindset.

To develop this kind of leader, the EMBAIN pedagogic model leverages a class built around a mix of innovation-minded professionals and entrepreneurs, encouraging them to confront and evolve their diverse perspectives in order to create the change agents their companies need by pragmatically bridging business, technology, and scientific perspectives.

An Executive MBA in Business Innovation could be also a solution for all those institutional

actors (local authorities, chambers of commerce, industry associations, and business support organizations) that need to boost the business innovation skills of the staff supporting the development of their associates.

For Managers, professionals, and Entrepreneurs

→ Get an internationally recognized MBA that guarantees high quality management education and a deep insight into the art of business innovation.

→ Develop a proper entrepreneurial mindset to maximizes the value you add to your company and your employability.

→ Develop your dynamic capabilities and skills to help you to sense-make the changes in the technological and business

environments and assess business opportunities.

→ Adopt the best leadership approaches to steer your team or company in thriving environments as well as in economic downturns.

For the Company

→ Invest in your best Talent to sustain and reinforce commitment and upgrade intangible assets.

→ Invest in the Company’s knowledge base in term of Managerial Skills, Technical Competences and Technological solutions.

→ Join the Innovation Networks of MIB Trieste School of Management, Venture Factory, McKinsey DCCVenice and Galileo.

→ Spread the costs over up to three Fiscal Years.

→ Utilize Fiscal Benefits for Investment in Education.

→Create a task force of

change agents to boost the agile transformation of your organization.

→Develop management teams of highly dynamic or new business units.

→Increase motivation, engagement, and the value of your human capital.

For Business development institutions, Chambers of Commerce, Business Associations, and Start-Up hubs

→Increase your institution’s ability to create value for its stakeholders and associates raising its human capital in terms of Managerial Skills, Technical competencies and Technological solutions.

→Invest in your best internal talents to reinforce their ability to support and develop the territorial ecosystem of businesses,

institutions, and professional bodies.

→Invest developing Open Innovation skills and mindsets for your territorial long-term development and the possibility to participate in more national and supranational funding opportunities.

→Become a Member of the Innovation Networks of MIB Trieste School of Management, Venture Factory, McKinsey Digital Competence Center - Venice and Galileo Visionary District and SID –Scuola Italiana Design.

→Spread the costs over up to three Fiscal Years.

→Utilize the Fiscal Benefits for investments in Education 4.0.

Program Structure

The program is based on two learning streams. The "General Management Core," the solid foundation of an MBA program, and the "Business Innovation Edge," which directly exposes students to entrepreneurial skills and cuttingedge technologies in some of Italy's most prestigious innovation centers.

THE GENERAL MANAGEMENT CORE (BLENDED LEARNING FORMAT)

EMBAIN is designed on the solid Executive MBA pedagogic model: 2 years, 2 days sessions monthly, and three residential weeks. Its backbone is the 40 credits of the “General Management Core” taught by MIB core Faculty.

Leadership and Dynamic Capabilities Course

This is the glue of the “General Management Core”. Being a manager today means leveraging teams the intelligence, visions, and motivations and leading them by sharing a vision and recognizing the

value of each member. Inclusion, diversity, and creativity are all characteristics that a leader aiming for innovation must be able to build.

THE BUSINESS INNOVATION EDGE (IN CLASS)

The Business Innovation edge is worth 20 credits. This fundamental component of EMBAIN program is based on a rigorous but at the same time pragmatic approach that puts the participants in direct touch with the partner institutions, their experience in their specific fields, and their ability to deliver practical results in terms of business creation out of fresh ideas.

Entrepreneurial Management Course

It is the pillar of the “Innovation Edge” and a central element of the EMBAIN program. It is coordinated by Venture Factory and designed as a longitudinal personal growth process that starts the first week and ends on the last day of your learning experience, with the project discussion in front of the

final graduation commission, composed of a mix of professors and real investors.

In this course, the whole EMBAIN experience is focused on three final learning outcomes:

— Defining and Developing a new Business Model

— Resourcing a new Business Model

— Operating a new Business Model.

During the Entrepreneurial management course, the participant will spend one residential week between Galileo Visionary District and the LEFMcKinsey Digital Capability Centre Venice.

Designing and planning your business

A key element is developing an impact project consisting of a real business startup by teams aiming to create brand new ventures or new business lines within existing enterprises.

Curriculum

area and courses

GENERAL MANAGEMENT CORE

locations: milan / trieste

— Leadership Dynamics and Accountability

— Financial Accounting

— Corporate Finance

— Strategic Marketing Management

— Agile Operations & Project Mgt

— Strategy & Organization

— Managerial Accounting & Balanced Scorecard

credits*

BUSINESS INNOVATION EDGE locations: milan/trieste/padua/pisa

— Entrepreneurial Management

— Design Thinking Lab

— The agile company 4.0

— Big data and artificial intelligence for business

— Open innovation, platforms, and ecosystems business model

— Robotics: from logistics to companion

—Develop life science winning solutions in the global market

— Final Project

TOTAL

lecturers from:

MIB Trieste School of Management - University of Trieste

Scuola Superiore S. Anna, Pisa

University of Pisa

* One credit consists of 25 hours of workload as defined by the European Credit Transfer System (ECTS).

McKinsey Venice Digital Capability Center

Galileo Innovation District – University of Padua

Thinkeen Lifescience Zone

20

13
40 credits*
and
60 area
courses

Participants' profile

The hybrid nature of the EMBAIN program has been designed to accommodate not only the sometimes hectic working schedules of busy managers and professionals but also to encourage participation from cities far away from Milan, given the diminished necessity to be present in person. The program's pedagogic framework deeply stimulates business model innovation by mixing 66% of managers and entrepreneurs of established companies that aim to evolve their businesses, with deep tech start-

uppers that want to develop a new business from a fresh idea. By means of connecting managers with entrepreneurs/intrapreneurs and providing courses and experiences tailored to new businesses ideas development, EMBAIN aims at creating the best safe space for its participants to build up experiences and competencies they will forever value during their careers. The first batch of EMBAIN students had been characterized by a high percentage of hard sciences and engineering backgrounds.

The start-uppers were mostly former university researchers who developed a promising patent during their studies, in which their universities or seed funding institutions saw market potential. Mixing them with experienced managers, EMBAIN1 gave these talented innovators the managerial tools to evaluate and discuss opportunities with venture capital funds and potential clients that brought some of them to achieve an extremely successful round of investment or a profitable exit by selling their startup.

Participants profile*

37 Average Age 5 Nationalities

11 Average years of work experience

20 % Females

EMBAIN outcomes

16 New business ideas

12 Functioning start-ups

€ 23 Mln Highest funding obtained

2 Business ideas sold

*data from first edition
83% Science & Engineering 14% Business & Economics 3% Law / Political Science
Studies background*

Alumni

The most important asset of a Business School is its alumni network: qualified, creative, wellmotivated managers who continue to share their passion well beyond graduation. The School has more than 3,400 graduates from all over the world working in a wide variety of professional areas.

MIB Alumni Association

MIB Trieste Alumni Association was established in 2005 with the aim of encouraging, developing and consolidating ties between alumni of the various programs and between the alumni and MIB Trieste School of Management itself. Currently the Association is divided into 19 local groups (chapters) around the globe. The Association aims at promoting the School’s image and reputation both nationally and internationally. In particular, the Association’s objectives are to:

→ Strengthen the relationship between Alumni and the School;

→ Promote lifelong learning and ongoing professional development after graduation;

→ Develop an active and structured community for professional networking;

→ Foster the exchange of entrepreneurial and managerial ideas;

→ Enhance the opportunities for professional growth and career development;

→ Offer social, networking and leisure opportunities;

→ Increasing visibility and prestige for the School nationally and internationally.

"MIB Alumni Association is all about people: Giving back to the community, Connecting people, Embracing diversity in its broadest sense, Bringing back old memories (and creating new ones!)... MIB Alumni Association is about you. It's about us".

28 (2017-2018)

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Admissions

DEADLINE

EMBAIN Starts:

29 June, 2023

Deadline to apply:

9 June, 2023

Tuition costs:

€ 32.000 (22% VAT included)

Participation as an individual

€ 32.000 (22% VAT not included)

Participation as a company

REQUIREMENTS

The classroom is open to maximum 30 participants with diverse education background and experience.

→ Bachelor's degree in any discipline.

→ At least 3 years of post-graduate work experience.

→ Good knowledge of the English language.

→ Interest, motivation or attitude towards technology and innovation.

HOW TO APPLY

To start the admission process, please complete the application form online www.mib.edu/embain/apply

SCHOLARSHIPS

Scholarships cannot be combined. Women € 7.000

Residing 500Km+ from Milan € 7.000

Innovative Start-ups ................... € 16.000

Innovative SME .............................. € 9.000

DISCOUNTS

Tuition discounts are not cumulative. Partners

Corporate Partners of MIB Trieste School of Management and Venture Factory are always eligible for 10% tuition discount. Companies

10% for 2 participations

20% for 3 participations

30% for 4+ participations

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Blockchain authenticates your MBA

What would you do if you were asked one day to prove the authenticity of your diploma?

MIB Trieste School of Management has adopted a tool to guarantee the originality and truthfulness of the Executive MBA in Business Innovation diploma to its Alumni. In addition to the traditional paper format, all EMBAIN diplomas are also registered in Blockchain: an enormous shared and immutable database, protected by cryptographic technology.

What is Blockchain?

Blockchain is a centralized database, a chain of blocks that allows you to archive and move data by distributing them among thousands of nodes. The participants of the chain can therefore control the pathway, but they cannot exercise a hierarchic control over the entire network,

that is guaranteed in turn by its own complex cryptographic systems. Blockchains are either public or private, but in the latter case, in the face of different degrees of authorization and participation, some might simply speak of a decentralized database. Blockchain also represents a technology linked to the cryptocurrency bitcoin and is its master book.

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MIB

Disclaimer

All information within this flyer is correct at March 2023.

EMBAIN Director

Francesco Venier venier@mib.edu

Program Manager

Floriana Mulazzi

M +39 347 9226574 mulazzi@mib.edu

Executive Assistant

Maddalena Sepin

T +39 040 9188116 sepin@mib.edu

Executive Education Area

T +39 040 9188129 info@mib.edu

www.mib.edu/embain

Caduti di Nasiriya 1 34142 Trieste Italy
Printed by Riccigraf / Photo © Giuliano Koren / Graphic Design Daria Longo
Largo
Trieste School of Management

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