TiasNimbas Business School by Andrey Steland

International Full-Time MBA Rigour Relevance Responsibility

Never stop asking Are you able to integrate sustainability with a sound bottom line?

Contents

Rigour, Relevance, Responsibility Develop Yourself as a Global Leader The New Leadership MBA The Academic Curriculum Your Faculty The Personal Curriculum Student Proﬁle The Societal Curriculum Alumni Network Your Study in Tilburg Your Choice for TiasNimbas World-Class Programme

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‘TiasNimbas Business School has a powerful equation for success. The MBA programme is intellectually rigourous, offers individualised personal and career development, and explores societal aspects that go beyond the traditional management strands. You will therefore be in a unique position to see the bigger picture, deal with diversity and complexity, and understand the broader stakeholder management issues. The approach gives you an edge in your decision-making and effectively prepares you for leadership that can produce sustainable long-term beneﬁts to organisations and society at large.’ Jan Hommen, CEO ING Group and previous Chairman of TiasNimbas’ Supervisory Board

Rigour, Relevance and Responsibility We take your goals, aspirations, and career development personally

I am glad to welcome you to our new International Full-Time MBA programme, a collaborative effort between TiasNimbas and the School of Economics and Management of Tilburg University. TiasNimbas is a top institution for executive education. We have been offering MBAs and executive programmes for 25 years and have been consistently well ranked by the Financial Times. The School of Economics and Management is world renowned for its research in economics and business which ranks number three in Europe, according to the UT Dallas Business School Research Ranking. This strong combination of academic rigour and practical relevance allows us to deliver a new MBA programme of truly exceptional quality. What makes our MBA unique is also the personal attention. We focus on your goals, aspirations and career. The TiasNimbas MBA has always been a transformational experience. We help you develop your business acumen, your leadership skills, your self-awareness, your network, and your professional future. The curriculum is designed not just to provide you with a thorough understanding of business functions and strategy, but also to incorporate ethics and responsibility into your mindset, and to develop you as a ‘complete’ leader.

Tilburg University is an exciting place and you will enjoy a unique experience here. Our highly international MBA class has a limited number of excellent participants to maximise interaction. We also carefully select the MBA faculty. Our faculty members are at the forefront of their respective disciplines: they teach the latest, state-of-the-art knowledge and practices; research and publish original ideas; work with companies to solve ‘real’ business issues; and are able to orchestrate meaningful in-class discussions around concrete cases. At a personal level, they are passionate about their work, and willing to help you throughout the programme. You will be exposed not only to top faculty, but also to company executives, speakers from NGOs, top researchers, and other stakeholders concerned with social entrepreneurship and sustainable development. As a future responsible leader, you will need to understand how different external stakeholders have an inﬂuence on your organisation, and how the organisation impacts upon these stakeholders. We are proud of this new MBA programme, which combines the strengths of TiasNimbas and those of the School of Economics and Management within the broader framework of Tilburg University. The essence of the programme: Rigour, Relevance, and Responsibility. These words summarise what we stand for.

I would be most pleased to welcome you in person to Tilburg University, and to this innovative programme.

Ramon O’Callaghan Dean TiasNimbas Business School DBA Harvard Business School, MBA IESE Business School

Do you understand how your decisions impact all stakeholders?

Never stop asking How do you inspire others? Can you make your team a winning team?

Are you prepared to work in an international environment? 6

Develop Yourself as a Global Leader The world continues to experience unprecedented economic and societal turmoil. You are entering a totally new, highly international and complex business world. As a global leader of tomorrow, you need to understand the business risks and opportunities of social, political, cultural and environmental trends. You also have to learn to manage production capacity in a world in which traditional resources are dwindling. The challenges that these issues present are complex and there may be little agreement about the response that is required. You lead in the face of complexity and ambiguity. You understand the interdependency of actions and the global implications that local decisions can have. You also have to understand the ethical basis on which business decisions are being made. In essence: you are a responsible leader. Socially responsible people and organisations behave ethically and with sensitivity towards the full range of stakeholders, including the environment. Striving for social responsibility helps individuals, organisations and governments to have a positive impact on development, business and society, while maintaining a positive contribution to bottom-line results.

As a responsible leader, you are able to identify the key stakeholders who have an influence on your organisation, and how the organisation impacts on these stakeholders, both positively and negatively. You have to engage in effective dialogue and have the ability to build partnerships with these stakeholders. The TiasNimbas International Full-Time MBA is intellectually rigourous and offers individualised career development. You not only come to grips with the latest theories and innovative practices, but also develop your personal leadership potential. You learn to be flexible and responsive, to find creative ways of solving problems, to balance short- and longer-term considerations, to communicate and engage in effective dialogue, to negotiate and develop partnerships. Your leadership skills will develop through project-based learning and other forms of experiential learning enhanced by structured reflection and coaching. You also explore societal aspects that go beyond the traditional management strands. All in all, our MBA programme will help you develop the skills required by the global leader of tomorrow.

The New Leadership MBA Joost Gietelink, CFO Randstad Group

At TiasNimbas we understand that your management education requires more than a cutting-edge academic programme and knowledge-building. Besides a faculty whose expertise and experience allows for combining academic rigour with practical relevance, TiasNimbas further enhances your personal growth and professional development by adding some ‘confrontational’ building blocks. The heritage of the TiasNimbas MBA is our very strong curricular focus on both Academic and Personal elements. Today, due to the unpredictable changes in the world that are occurring on a large scale – issues such as fraud, war, recession and natural disasters – we have added an essential third layer – the Societal element. This is a fully integrated element that, in combination with the Academic and Personal layers, will prepare new leaders for the complexity that awaits them.

TiasNimbas takes a holistic, integrative approach to your development as a self-aware, socially responsible, highly employable business leader. 8

‘TiasNimbas is an excellent business school for learning to understand the importance of multiple stakeholdership and leadership.’

The MBA is a life-changing experience at different levels: Academic

Societal

Society Environment Organisation Team Person

Personal

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The Academic Curriculum

Personal

Academic Sept. UNDERSTANDING This period introduces you to the basic functional areas of business. Courses include:

Jan. CONNECTING This period focuses on the connections and interdependencies between the functional areas. Courses include:

Mar. LEADING The focus here is on the different dimensions of organisational and personal leadership. Courses include:

Team Dynamics & Organisational Behaviour;

Global Corporate Strategy;

International Leadership;

Financial & Cost Accounting;

Innovation Management;

Managing the Transnational Corporation;

Cross-Cultural HR Management;

Leading Change in Organisations;

Operations and Supply Chain Management.

Managing the Sustainable Enterprise.

Economics and the Globalisation of Business;

Apr. ENHANCING This elective period provides you with expanded knowledge in contemporary business topics. Choose 4 courses out of: Entrepreneurship; Information and Knowledge Management;

Aug. ENGAGING You are now ready to engage with the external world using your new knowledge and your leadership abilities. International Study Trip; MBA Management Project.

Corporate Restructuring;

Managerial Finance;

Marketing Strategy;

Marketing Management.

Financial Risk Management; Business Law.

Your Faculty

‘One of the great advantages of TiasNimbas Business School is that it has always combined academic rigour with practical applicability. Many of our faculty are active in the CentER for Economic Research, which is the internationally recognised research group of Tilburg University and has been consistently regarded to be within the European top 3 for the last 15 years. TiasNimbas lecturers are able to transpose the theories at the frontiers of knowledge into practical insights, methods, and techniques; our education is designed in such a way that our MBA participants are able to apply their newly acquired insights immediately in any new business setting.’

‘TiasNimbas challenges and educates talented individuals to become responsible business leaders. Business leadership requires solid, up-to-date knowledge about such disciplines as marketing, finance, operations, strategy, and accounting. The faculty in the MBA programme are all experts in their fields of specialisation. They translate their expertise into a stimulating classroom experience by drawing from contemporary theory, and using highly interactive case discussions and management games. ‘The TiasNimbas MBA programme also focusses on how businesses relate to society, and what that means for you as a future entrepreneur or business manager. Responsible leadership means making decisions that are beneficial not only to private business but also to society in the long run. The curriculum offers ample opportunity for you to learn about the latest theories, challenge common wisdom, discover common ground, and develop the skills to be successful in business and society.’

Prof. Luc Renneboog Professor of Corporate Finance at Tilburg University Director of Graduate Studies, CentER, Tilburg University Research Fellow, European Corporate Governance Institute

Prof. Bart Bronnenberg Professor of Marketing at Tilburg University, Tilburg University Research Fellow, CentER, Tilburg University

Luc Renneboog holds a PhD in Financial Economics from London Business School, an MBA from the University of Chicago, and MSc and BA degrees from the Catholic University of Leuven. He has held appointments at the University of Leuven and Oxford University, and visiting appointments at LBS and HEC (Paris), and has won several teaching awards. Prof. Renneboog has coauthored and edited several books, and publishes in top international academic journals such as Journal of Finance, Journal of Financial Intermediation, Journal of Law and Economics.

Bart Bronnenberg holds PhD and MSc degrees in Management from INSEAD and an MSc in Industrial Engineering from Twente University. He has been a full professor at UCLA, where he taught marketing in the MBA programme. Prof. Bronnenberg is the recipient of several research and marketing teaching awards. He has published in journals such as Marketing Science, the Journal of Marketing Research, and the Journal of Political Economy. He serves as an associate editor or as a member of the editorial board for top international academic journals in marketing.

‘The TiasNimbas MBA provides you with something exceptional: a ‘helicopter view’ of the complex and shifting terrain of international business and the skills and experience to conﬁdently lead in this new territory. Also the skills can offer organisations untold possibilities for growth. ‘Responsible leadership’ is crucial now; you want to become a smart, stakeholder-focused, all-around leader who understands the issues and who integrates societal concerns into your decision-making processes. This is your primary strategy for building not only sustainable business, but a sustainable career.’

‘An MBA is no longer just about the functional areas of management, and not even about how your personal leadership skills can make you a more effective manager. Today an MBA programme has to teach you to think in a whole, integrated manner – and to know when to ‘follow your gut’ when presented with an innovative new business model or product that will take your organisation into uncharted territory. That’s the added value of the TiasNimbas MBA: We help you make the connection between, innovation, IT and international business processes. This helps you develop sustainable new business models and uncover new ways to build proﬁt.’

Prof. Chet Borucki Associate Dean MBA Programmes TiasNimbas Business School Professor of Strategy and Management TiasNimbas Business School

Prof. Carla Koen Professor of Technology Management and Entrepreneurship TiasNimbas Business School Academic Director of the European Institute for Business Innovation and Entrepreneurship (EIBIE)

Chet Borucki holds a PhD and MSc in Organisational Psychology from the University of Michigan, and an MBA from the University of Massachusetts. He has held positions at Temple University Japan; the International University of Japan (where he served as the Dean of the Graduate School of International Management); at Seoul National University, Nyenrode University, and New York University. Prof. Borucki is a consultant, speaker, writer, and facilitator who specialises in organisational analysis, strategy formulation to companies such as Panasonic and Shiseido, change management, knowledge management, psychological climate in service environments, and mobile government trends and effectiveness.

Carla Koen holds a PhD and MSc in International Political Economy from the University of Warwick, and an MSc in Economics from the Catholic University of Leuven. She was a Visiting Research Fellow at the Max-Planck-Institut in Cologne, Sophia University in Tokyo, and the Wissenschaftszentrum für Sozialforschung in Berlin. Prof. Koen is consultant to companies such as Philips, DSM and Stork. She is the author of a book and is frequently published in such journals as Organization Studies, Current Topics in Management, Management Executive, and Research in International Business and Finance.

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The Personal Curriculum

Societal

Your Personal Development

Taking Your Career Seriously

You participate in our Personal Development Programme (PDP), consisting of personal coaching, and a series of intense workshops. Your coach helps you with personal aims, self-reﬂection and building critical personal and team competencies. You have one-on-one career coaching in combination with effective building of job market competencies to support your career ambitions and help you identify the organisational context in which you can thrive. You work with peers from different industries and nationalities in a learning environment that is intimate and highly interactive. Interaction with faculty and feedback on your academic development are another source of enrichment of your personal skills-set.

We take your career as seriously as you do. That’s why we contracted with a large global provider of career support solutions, to create a comprehensive programme to help you develop your personal and leadership skills.

Practical Help for Your Career Objectives After your goals are clariﬁed, your Career Services Coordinator will help you to achieve your objectives. Counseling and coaching from TiasNimbas staff or external coaches will help you perfect your career skills, through workshops such as: CV and Motivation Letter Writing Effectively Marketing Yourself Networking New Style Interview Techniques & Mock Interviews Assessment Preparation Training Salary & Offers Negotiation

Corporate Connections and Career Events Our network of alumni and corporate recruiters are a good source of employment. To put your career in gear, we organise recruitment events (including Careers Week in conjunction with Tilburg University) and company visits throughout the year. These events are a great way to ﬁnd out if you ‘click’ with a particular recruiter or company. And as a participant and future alumnus, you will have exclusive access to our Career Platform, where you can post your CV and see if any posted positions suit your talents and ambitions.

‘The combination of personal attention and international scope in TiasNimbas’ MBA is unique. My professors were among the most respected researchers in the world, and yet they were accessible.’

Student Proﬁle

Ms Kaiyan Liu MBA Sales & Marketing Director AMI China

Personal Approach to Intensive International Learning Your MBA at TiasNimbas allows you to meet the world – including renowned academics and international peers – in small classes of highly diverse professionals who come from a wide variety of industry and functional backgrounds.

20+ Nationalities*

With TiasNimbas’ action learning method, which requires intensive interaction and communication with your classmates, you will learn how other cultures think and act in business. Group projects within this highly international cohort provide you with hands-on skills in ‘global cooperation’.

Work Experience

The learning environment here is a community – intense, interactive, and impassioned. Our international faculty, many of whom have won awards for their teaching excellence, are accessible and approachable. Your classmates form an international team – connecting and competing, is the model here at TiasNimbas. You will support, stimulate, and enrich each others’ experience.

*Based on average over two years.

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The Societal Curriculum

Personal

At TiasNimbas we encourage you to think and act in a way that makes a contribution to your organisation, and to understand the consequences and impact on society. A holistic approach helps you to see the bigger picture, deal with diversity and complexity, and understand the broader stakeholder management issues. You do this by engaging with all stakeholders.

Understanding Society

So the societal aspects of your development include: ’Fireside Sessions’ with leading scientists in such ﬁelds as psychology and technology to gain awareness of the latest developments that are shaping the future of the world;

The University hosts a Baby Lab to conduct experimental research into development of the brain of young children and babies, even when they are still in the womb. One of the research topics is the impact of stress and fear in pregnant women on development after birth.

Meetings with business- and NGO-leaders. This is another critical element in shaping your competitive edge: their experiences, successes and failures give you insights into global ‘sustainable best business practices’; Exchanges with opinion leaders in politics, sports, arts, media and entertainment teach you about the larger world surrounding your future organisation, and broaden your views and perspectives. This allows you to make better judgments and more effective decisions.

Tilburg University is a strong social sciences university that aims to translate top research into practical applications. For example, the Tilburg Sustainability Center conducts research on climate change and its consequences for the economy as well as practical projects that focus on related business opportunities.

Tilburg School of Economics and Management Marketing Research group is one of the front-runners in eye-tracking research, where results are used to to optimise decisions on the design of advertisements, packages, web pages and other carriers of their visual brand-equity symbols .

Full-Time MBA Management Project

Your Alumni Network and Its Beneﬁts

The TiasNimbas MBA Management Project forms the culmination of an MBA participant’s intensive study programme. At the same time, the project offers companies and organisations a chance to work on their own project with the business leaders of the future. With the experience of having dealt with more than 2,000 projects, we have seen numerous participants offer high quality consultancy to a large variety of organisations, by bringing fresh, unbiased views to current opportunities and challenges. It is not unusual for the Management Project to result in a job offer.

When you graduate from TiasNimbas, you immediately receive one of the greatest beneﬁts in business education: you become part of a fast-growing network of over 10,000 international alumni in 75 countries, most of whom are managers at the largest Global 1000 organisations. This network is especially powerful as it combines not just the many graduates of TiasNimbas’ business programmes and executive education courses, but the alumni of Tilburg University and the Eindhoven University of Technology.

Nhu-Ly Hilber, MBA Class 2010

Our alumni are now at: 3M • ABB • Abbott • ABN AMRO Bank • Accenture • AirFrance KLM • AKZO Nobel • AMB Property Corporation • American Express • BASF • Baxter • Belgrade Stock Exchange • BNP Paribas • Bombardier Transportation Germany • Bouwfonds • CapGemini • Cisco Systems • Coca Cola • Ford Motor Company • GSK • Heineken • IBM • ING • Levi Strauss & Co. • NIKE • NUON • Organon • Philips Electronics • Rabobank • REGUS • Shell • Siemens • Stater • Stork • Tata • T-Mobile

‘After assessing the different options available to me, I decided to do my Management Project with S.H.V. It proved to be an excellent choice: I could use many of the insights and experiences learned in the MBA programme to write my Project and direct the company’s actions in a new market. Moreover, I was offered a position at S.H.V. after sharing my ﬁndings with their senior management.’

Tilburg is an ideal location for study: green and serene, but with a thriving offering of music, art, and cafĂŠ culture. Interested in visiting Amsterdam, Antwerp, Paris or Brussels? These and other major European cities are accessible by train within just an hour or two.

Your Study in Tilburg, The Netherlands

The Netherlands is a country with an open, easy-going culture in which English - the international language of business - is spoken at an almost-native level. The Netherlands boasts a proud history of trade, and that legacy can be seen today: many major multinationals have chosen to locate their head ofﬁces in this thriving business culture, with its hub airport and numerous ports.

Tilburg Tilburg is located in the south of The Netherlands. While the region is distinguished by its open green spaces and serene atmosphere, the city of Tilburg itself is part of the major urban areas of the southern Randstad. Tilburg offers an accessible and surprising cultural breadth that includes a major pop music venue, several unique contemporary museums, and a thriving café scene.

What will your life be like? Our students ﬁnd Tilburg an ideal place to live and to learn. While the peaceful surroundings – clean, green, and ‘gezellig’ – are conducive to concentrating on study, you can also enjoy a stimulating social life! Our comfortable student housing is located conveniently close to the Tilburg University campus; Situated in the centre of a forest, the modern campus features cyber cafes, e-learning centres, a hyper-modern library, and excellent sports facilities; Tilburg offers fast and easy train access to the cultural capitals of Europe – Amsterdam, Paris, Antwerp, Brussels, Dusseldorf and Frankfurt can be reached within two hours; Nearby Schiphol and Eindhoven airports make it easy to catch a ﬂight to any part of the world; With many cafés, restaurants, cinemas and a world-class pop venue, located within Tilburg, there is plenty to do close to home.

Your Choice for TiasNimbas Your Beneﬁts Thorough understanding of all business disciplines, combined with strategic insights into the international business context, driven by the latest research; Full comprehension of the dynamics and interaction between organisations and their stakeholders; Outstanding personal competencies, enabling you to engage and lead others and drive organisational change; Understanding of societal context, helping you to make more balanced judgments and superior decisions; Full range of job market-related competencies to boost your career opportunities.

Your Experience The frontiers of knowledge is something that TiasNimbas exempliﬁes at its core. The latest research, from both TiasNimbas Business School and Tilburg School of Economics and Management, are embedded in the programme curriculum; One day per week is dedicated to your personal development and societal afﬁnity; for example through attending lectures given by scientists, psychologists, nano-technologists, philosophers, and leading practitioners at NGOs and other businesses; Small classes mean more interaction between you, your classmates and the top international faculty; The international study trip takes you to another country where you will experience another academic institution, visit business organisations and learn about the country and its culture; The MBA Management Project provides three months of guaranteed work experience within an NGO or a commercial organisation.

Your School The academic rigour of the School of Economics and Management is combined with the relevant business focus of TiasNimbas, under the umbrella of Tilburg University - all three institutions are known for their particular strengths; Tilburg University ranked #3 in Europe in the UT Dallas Top 100 World Rankings of Business Schools Based on Research Contribution (2005 – 2009); Accredited by AMBA and AACSB; Highly international students, staff and faculty: ranked #2 Most International Programme in the Financial Times 2009 rankings.

World-Class Programme Personal Support Tuition and Expenses

Application Requirements

The total cost of the TiasNimbas International Full-Time MBA for the academic year 2011/2012 (beginning September 2011) is â&#x201A;Ź36,000. Please check our website (www. tiasnimbas.edu/FTMBA) for a complete breakdown of costs, expenses, terms and conditions.

A Bachelors or Masters degree from an accredited institution. GMAT test must be taken. Our institution code is 23X-5F-I2. ProďŹ ciency in English. For all non-native speakers, a TOEFL (institution code: 8614); or IELTS. Minimum of 3 years work experience. You will have to do an interview, either in person or an in-depth telephone interview*.

Scholarships A limited number of scholarships are available to candidates with a good academic record who demonstrate exceptional leadership potential. For more information, check with your personal MBA adviser.

Your own MBA advice If you are interested in the International Full-Time MBA at TiasNimbas, I can provide you with a personal MBA advice and refer you to other members of staff, faculty or alumni if needed. I understand that undertaking an MBA is a major decision, and I want to help you make the best choice. Humphrey Sopakuwa Call + 31 (0) 13 466 39 41 E: h.sopakuwa@tiasnimbas.edu

* Please note: Admissions interviews are conducted solely at the invitation of the admissions committee.

TiasNimbas is consistently ranked within the top 100 business schools in the world. Up-to-date programme and curriculum information as well as all the latest news on TiasNimbas Business School is available online: www.tiasnimbas.edu

All our MBA programmes are accredited by AMBA and AACSB.

TiasNimbas Business School reserves the right to make changes to the programme when deemed necessary.

Never stop asking TiasNimbas Business School Tilburg University Warandelaan 2 5037 AB Tilburg P.O. Box 90153 5000 LE Tilburg T. +31 (0) 13 466 86 00 F. +31 (0) 13 466 86 99 information@tiasnimbas.edu

BONN • EINDHOVEN • TAIPEI • TILBURG • UTRECHT

www.tiasnimbas.edu

All photos are current or past MBA participants; the pictures on the cover & back, pages 2, 4, 6 and 7 were taken at the 2010 MBA introduction weekend.

Wherever possible, TiasNimbas aims to use climate-neutral printing processes and materials. This brochure has been printed on FSC (Forest Stewardship Council) approved paper. Our printing process includes chemicalfree, computer-to-plate printing plates. Our printer recycles all unused or leftover paper, and uses inks based on vegetable oils. Further, green energy is used throughout the printing process. We mail our brochures through TNT, a carrier that allows us to pay a carbon offset fee to compensate for any C02 emissions incurred in these mailings.