Best B schools in Europe by The Knowledge Review

OCTOBER Issue - 01

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Best Business

Business Education Insights

Schools in

5 reasons why Europe is home to Leading B-Schools in the World

Europe 2021

Changing B-Schools

European Business Education in the Pandemic World

GISMA

Business School

The Educational Powerhouse that Trains the Future Titans

EDITOR’S NOTE

EXPLORING THE GURUS OF TOMORROW’S BUSINESS LEADERS

hile enrolling in a European business school, students may think they might be posh, sophisticated, and even far-fetched. However, one must never forget that Europe is known for maintaining global standards for business education. These schools are renowned for providing the best possible education, which shapes the careers of future business leaders. These schools are world-renowned for their in-depth course curriculum and hands-on teaching-learning methods. This, in turn, provides students with global exposure to the business world and shapes them into furnished business professionals. With an objective to give the students a clear picture of the changing business world, these B-schools provide excellent internship options. This helps the students understand what is happening in the world outside the classroom boundaries. While studying in these schools, students develop a broader perspective of the corporate world and experience how it feels to be a part of a corporate giant. Real-life challenges and situations presented during internships and industry

visits allow students to develop skills that would help them to prepare for the formidable business world.

ﬂexibility, which further helps the students pursue any degree as per their convenience.

The foremost B-schools in Europe also focus on the career development of the students and ensure that they receive better employment opportunities after graduation. They conduct periodic job fairs, which help students interact and learn more about their future employers.

Endowed with various facilities such as low tuition fees, advanced instructional technology in the classrooms, varied training and development facilities, these foremost Bschools in Europe are changing the way education is perceived. They are changing the face of management education while making a major impact on global business education.

These business schools accept students from around the globe. They offer every student to learn many international languages and explore diverse communities. This provides an additional advantage to the students as they get acquainted with different languages and cultures, which eventually comes in handy when they plan to explore employment and business opportunities in various countries. The renowned business schools often have smaller class sizes. It benefits the students in many ways because the professors get better opportunities to focus on the development of each individual. This helps the students to gather further information. They can also consult the professors personally in case of any query or confusion. Top names in the European business education industry offer a broad spectrum of business programmes, courses, and specializations. This provides the students with a variety of options for their MBA specialization degrees. These schools constantly update their curriculum as per the changes in the international job market. They offer course

With the objective of presenting you with some of the most celebrated B-schools, this issue of The Knowledge Review presents to you the ‘Best B schools in Europe (Volume 2)’. In this issue, we have curated some of the most decorated B-schools, which are presenting thestudents with endless career opportunities in the business sector while nurturing them to become tycoons of tomorrow. So, without further ado, let's delve into this journey of exploring the top business schools of Europe. Enjoy reading! T R

al D Ananda Kam

Ananda Kamal Das ananda@insightssuccess.com

GISMA C

Business School

The Educational Powerhouse that Trains the Future Titans

Ar t

c i le s

Business Education Insights

5 reasons why Europe is home to Leading B-Schools in the World

Changing B-Schools

European Business Education in the Pandemic World

Astute Thoughts

Traditional Project Management OR SCRUM Which one is Efficient and creating demand for certified professionals?

28 C X O

Business School Lausanne

ISG - International Business School

Business Education for the 21st Century

Facilitating International Business Programs Dynamically

sales@insightssuccess.com MAY, 2021

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Sumita Sarkar

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Anish Miller Ananda Kamal Das Abhishaj Sajeev Vinayak Ghorpade

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Name of the Institution

URL

Brief

Antwerp Management School

antwerpmanagement school.be/en

For the past 60 years, Antwerp Management School has been at the forefront of innovation, transformation, entrepreneurship, and ecosystems

Business School Lausanne

bsl-lausanne.ch

The school not only teaches business administration, but also creates business administration practice and knowledge

Coburg University of Applied Sciences, Coburg

coburg-university.de

The university prides itself as a place of intellectual and cultural exchange

Cyprus Institute of Marketing

cima.ac.cy

The institute aims to develop, provide, and maintain the best knowledge programmes at affordable prices

GISMA Business School

gisma.com

GISMA offers a range of globally-recognized programmes in partnership with highlyrespected and accredited business schools

ICD Business School Dublin

icd.ie

ICD provides high-quality education and allows students to interact, engage, and learn

ISG Business School

isg.fr

ISG is driven by the mission to grow and enrich personalities

SBS Swiss Business School

sbs.edu

The school educates the students and helps them to succeed in their career and to discover a eld they are passionate about

tilburguniversity.edu

The school aims to contribute to the development and transfer of top level knowledge in all the main elds in business and economics

vse.cz/english/

The university aims to provide both Czech and foreign students with excellent higher education facilities

Tilburg School of Economics and Management, Tilburg

University of Economics, Prague

Best

Business Schools in

Europe 2021

GISMA Business School The Educational Powerhouse that Trains the Future Titans

oo many good ideas of the world die because they lack a business mind behind them. Passion, creativity and innovation are one thing, but the lack of proper business training can deter you from providing tools to help you recognise, identify, and pay attention to opportunities and value. There are many business schools sprouting up every year, but most of them sorely lack the tools, resources, knowledge and conviction to train strong business minds. They increasingly construct wonderful models of a non-world. And when the students graduate from these schools, they find the real-world business issues

facing industries and economies as a whole. A well-trained business mind can inspire others by turning ideas into value generating systems and ecosystems, creating platforms for value creation. A strong businessoriented perspective can see things for what they are truly worth and what they can be, exploring the art of the possible. Your business can be a byproduct of fulfilling your purpose. Having a foundation in business can help students become remarkably strong-headed and marketable individuals, aiding with their job search and more effectively the job/position they end up accepting. Fortunately, there is a school in Germany that combines a culture of

fortuitous business discipline with an ethic of entrepreneurship to train business-oriented individuals who embody great performance. Welcome to GISMA Business School! Since its establishment in 1999, GISMA Business School has paved the way for talented and skilled individuals to develop tech-driven and innovative solutions to some of the biggest challenges in the business world. With its goals in mind, the institution continues to expand and grow, helping students from across the globe to pursue their dreams and succeed. GISMA awards both undergraduate and postgraduate degrees, and is also trusted to deliver degrees from some of the top academic institutions across Europe. GISMA is also known as one of six business schools in Germany accredited by the prestigious AMBA (Association of MBAs) which represents innovation and excellence in education – an honour shared by only 2% of all business schools worldwide. Since 1999, GISMA Business School has expanded and grown significantly,

GISMA Business School. These programmes allow students to become even more appealing to the evolving demands of the job market.

The programmes range from artificial intelligence and data science to business management and digital marketing. Whether you are looking to feed your entrepreneurial mind, or seeking to build the next generation of intelligent systems, you are bound to find a course that suits your needs

and now has 5 locations across Germany and in London. Additionally, through a range of partnerships with schools including the triple-accredited Grenoble Ecole de Management, The University of Law and Kingston University, GISMA has expanded its selection of programmes providing more students with the opportunity to pursue their career ambitions. In 2021, GISMA Business School expanded into its brand-new flagship GISMA Berlin-Potsdam Campus. With the new campus, the GISMA portfolio is extending to include programmes such as data science and artificial intelligence, all awarded directly by

Since all degrees are taught in English, GISMA attracts a diverse array of students from across the world and encourages a global, expansive approach when it comes to students’ education and future career. The GISMA Way GISMA educates individuals to be leading members of the global business community. The institution stands for practice-oriented and inspiring management education that enables students to be engaged in life-long learning and synergising relevant academic science and practice.

GISMA strongly values diversity in the backgrounds, ideas, strengths, interests and experiences of its students, faculty, and staff. It cooperates with a network of globally operating organisations in business and higher education and supports the business community in its internationalisation and change processes by preparing students for the global and regional (German) business community. The expert faculty and staff are passionate about creating the leaders of tomorrow. Having experienced business in the real-world, they understand how academic theory relates to real-world conditions and this comes across in the delivery of their teaching in order to prepare

students for the ever-changing business world after they graduate. At GISMA Business School, students are supported in their pursuit to secure internships and job opportunities in Germany. With the sprawling campus, GISMA’s students have access to numerous employers from the world’s biggest tech firms as well as a range of start-up companies. Cooperation between GISMA and employers has enabled students to find exciting job opportunities and work on collaborative projects. Rising to the Challenge Out there, a digital revolution is occurring in all areas, and with the view of this, GISMA wants to equip

young professionals with exactly the right skills for these jobs of the future. Almost every job will be affected. Some jobs will disappear entirely. New jobs, not even thought of today, will come into being. Human talent though remains the most important factor. The future requires courageous entrepreneurs. Employees with interface know-how. Specialists for transformative technologies, interdisciplined team players with a sense of responsibility and leadership, innovation power and creative personalities with unique ideas. That’s why digital key competencies are an integral part of every single GISMA study program. In addition, it offers formats in which to train creativity,

entrepreneurial spirit, and leadership skills. The institute doesn't just do traditional business; business goes with tech and vice versa. On its campus in Potsdam, GISMA is part of the so-called ‘Think Campus’ with start-ups and the SAP Innovation Center. This neighbourhood means inspiration, exchange, crossfertilization of ideas and networking. The institute remarks that this is what the work of the future will look like “we no longer think in one box, we are agile on the move and flexible”. Undoubtedly, this has a big impact on its students, who can work in a very hands-on way in many partnerships. “In leadership, for example, I don't think there will be a way back to the old normal, after Corona,” commented professor Stefan Stein, the President of GISMA Business School. He adds: “the new normal will certainly have virtual communication and teams that are scattered in home offices and elsewhere, all over the world. This creates completely new challenges for the functioning and management of such virtual teams, the emotional agility of the employees, and so on. We have already incorporated this into our leadership lectures, which of course will no longer be lectures, but will be highly interactive, collaborative sessions with peer-to-peer learning elements.” The Academic Rollout GISMA offers a range of accredited postgraduate and undergraduate programmes, MBAs, language classes, a university placement programme and executive courses with a focus on teaching practice-oriented skills in digital transformation, business, and technology. The institute aims to prepare students for the fast evolving digital revolution.

The programmes range from artificial intelligence and data science to business management and digital marketing. Whether you are looking to feed your entrepreneurial mind or seeking to build the next generation of intelligent systems, you are bound to find a course that suits your needs. With some of the programme offerings, you will also have the opportunity to do an internship or business project or spend a semester abroad. All of its programmes are taught in English, the world’s foremost language for global business communication. The Definitive Difference Ÿ Accredited by the prestigious AMBA which represents innovation and excellence in education. It is only one of six business schools in Germany, and is an honour shared by only 2% of all business schools worldwide. Ÿ Partnerships with world-leading business schools in Europe, including triple-accredited Grenoble Ecole de Management, The University of Law and Kingston University. Ÿ GISMA offers the added benefit of free beginner German classes. Learning the German language will

Stefan Stein President

We stand for practice-oriented and inspiring management education that enables students to be engaged in life-long learning and synergising relevant academic science and practice.

Whichever channel our students want to use, we want to equip them with future-proof skills to make them highly sought-after employees

boost employment prospects and help students stand out to employers who value strong communication skills. It will also help students connect with their German classmates and interact with the locals. Ÿ GISMA cooperates with a network of globally operating organisations in business and higher education and supports the business community by preparing students for the global and regional (German) business community. Ÿ Benefit from excellent student

services such as a dedicated Career Centre, visa support and accommodation team. The dedicated staff and here to make sure you have the best possible student experience studying with them. Ÿ Scholarships and flexible payment plans available so students can focus on their education without the stress of worrying about their finances. Ÿ Study in an international student cohort. The alumni of GISMA represent over 40 nationalities.

Discover, thrive and build your network in the diverse international environment. Ÿ In addition, students have the opportunity to utilise GISMA’s committed careers centre which can help them with anything from writing a CV and applying for jobs, to practising their interview technique. With the support of GISMA’s Career Centre, some of the students have gone on to work for companies such as Zalando, Uniqlo, Delivery Hero, Wayfair and Siemens. The Cultivated Leader Professor Dr. Stefan Stein is the President of GISMA Business School

There is a school in Germany which combines a culture of fortuitous business discipline with an ethic of entrepreneurship to train business-oriented individuals who embody great performance. Welcome to the GISMA Business School!

as well as a member of the Board of Governors for the University of Europe for Applied Sciences. He served previously as the Rector of the University of Europe for Applied Sciences and has held various positions within the university as professor of ‘finance and asset management’, ViceRector for academic affairs and founding Dean of the Department of Economics. His expertise spans studies for ministries, banks, and insurance

companies. He is a corporate trainer for fintech and banking regulation. He coaches supervisory board members. Prof Stein holds a doctorate in economics and was Managing Director of the renowned institute for ‘banking and finance’ at the Ruhr University Bochum for more than 13 years. He is a member of the supervisory board of the consulting firm Moore Stephens Naust AG. He is also a member of the university council at Shanghai Polytechnic University.

Achievements and Accolades Ÿ GISMA Business School was awarded 'University of Applied Sciences' status, having received official state recognition by the Federal State of Brandenburg in Germany. Ÿ As a University of Applied Sciences, GISMA is entitled to award bachelors’ and masters’ degrees. This recognition grants GISMA degree awarding powers and the opportunity to launch its Hochschule – a tertiary education institution with a focus on teaching practice-oriented skills in digital transformation, business, technology and agribusiness. Ÿ A brand new state-of-the-art campus opening in 2021 in Potsdam, will be located near the Innovation Centre of SAP, one of the world's largest enterprise software companies. Students will benefit from the proximity with the SAP Centre and Potsdam's network of industry leaders. Ÿ It also benefits from AMBA accreditation, which was awarded for the global MBA. The prestigious AMBA accreditation represents innovation and excellence in education. Ÿ GISMA Business School also has a long history of working with partner universities in Europe and has been trusted to deliver partner programmes accredited by AACSB, AMBA, EQUIS, and EPAS. Adapting to the changing times The Covid-19 outbreak presented an unprecedented challenge for the entire global community, as it did for GISMA Business School. Although the entire team of the institute have achieved a tremendous accomplishment here; they had to change their entire business model in just a few days. Within a very short time, the classrooms were set up

virtually, training of teachers and service staff, exams took place online, and the entire university took place virtually.

Digital key competencies are an integral part of every single GISMA study program. In addition, it offers formats in which to train creativity, entrepreneurial spirit and leadership skills

“Today we can say, the virus did not slow us down! The virus didn't slow our students down. We even took advantage of the situation,” added Prof Stefan Stein. In the real world, politics, businesses struggle with how to manage their operations under the conditions of the pandemic. How to lead teams, maintain engagement, and ensure optimal work-life balance virtually? How to run a business when all the knowledge and teaching is in the air? At GISMA, the students instead gained exactly that piece of knowledge through an additional learning experience. Consultation hours via video calls were arranged and carried out much faster. Students learned how to study across time zones and with fellow classmates even across continents. They all got accustomed to what the real challenges were in working together as a team, virtually, and learned how to get across these challenges. It was truly a global class experience.

The institute even welcomed students and employers as virtual avatars to GISMA Business School Employers Day. No conventional job fair at all, again: bridging continents, time zones, cultures, environments and roles in the virtual space. Even though an event like this in the ‘normal world’ thrives on personal exchange and networking, the entire team was very pleased to come together digitally in the ‘new normal’ and offer new opportunities to ensure student employability. The library is going to become the smartphone. In light of this, GISMA wants to give its students a whole new library experience, similar to what Spotify offers in terms of music for scientific literature, which is then directly linked to the online materials for the lectures. “As a result, covid has fuelled our strategy shift. We offer places, virtual and physical ones that enable the fastest/best skill acquisition through technology, setup, environments and the right people. Whichever channel our students want to use, we want to equip them with future-proof skills to make them highly sought-after employees,” concluded the stalwart founder, Prof. Dr Stefan Stein.

Alumni Testimonials

I am very thankful to GISMA and especially to its Careers Centre for paving the path to my career. Although I gained deep knowledge from regular lectures, it was the workshops organised by the Careers Centre which gave me full confidence and prepared me for the German job market. After attending the résumé and cover letter workshop, I drafted a German résumé, which was the key that opened many doors within the German jobs market. Every month, we had something useful organised by our Careers Centre like alumni talks, public speaking, role play, mock interviews and salary negotiation workshops - Narendra MBA Student

Talking about the class experience, the interactive attitude of the professors and students made me learn a lot more, not just about familiar markets but also markets I have little or no prior knowledge of. The discussions were always interesting and with a very international class; one could see and address a topic from different perspectives. The highlight of the course, for me, was the entrepreneurial class, where I had to work with my team on solar projects in Nigeria. Every day and in my job, I try to apply these lessons to real-life problems and bring solutions to my customers. Overall, I would say it was a worthy investment decision for me, and I hope to keep reaping the benefits of it as much as I can - Rebecca MBA Student

BUSINESS EDUCATION FOR THE 21ST CENTURY

earning is a never-ending journey. Business School Lausanne (BSL) oﬀers Business Administration courses from

a Bachelor to a Doctoral Level, with a focus on Global Mega Trends, 21st Century Skills, Sustainability, and an Entrepreneurial Mindset. Each degree

has a form of tailor-made oﬀering, be it a wide variety of Capstone options for their Masters, a double-degree option in collaboration with the University of

Sept 2021 | 22 | www.theknowledgereview.com

Best Business Schools in Europe Vol. 2

Dublin for their Bachelors, or a parttime offering for Executive MBAs so they can pursue studies while remaining full-time employees. The business school is set close to the Swiss Federal Institute of Technology Lausanne (EPFL) (ranked 43 in universities worldwide in 2021) and the University of Lausanne (UNIL). It fosters the dialogue between theory and practice in research, teaching, and learning to offer impact-oriented curricula with a personalized approach to Swiss and international students. “We provide Business Education up to Swiss standards to Swiss and international future or proven business professionals in Switzerland and abroad,” says the faculty at BSL. The school offers co-working spaces, a media studio, an incubator, an external lounge, a reading room, and a fully online learning environment. The positioning of BSL is as a private boutique business school that focuses on digital transformation, current economic trends, changes in societal structure, and environmental concerns. Students from sixty nationalities go on about joining its experienced faculty in a co-creative approach to learning. BSL’s faculty is comprised of individuals who practically apply what they teach, ensuring students are taught the most cutting-edge business thinking. “We are committed to creating a personalized and focused learning experience and insist on keeping our classes small, so each student can truly participate in seeking new ideas for measuring the role and impact of business today,” conveys BSL’s faculty. The school endeavours to create a space where all its students, professors, staff, researchers, and stakeholders, feel free to come together, ask

courageous questions and maximize solutions through values that matter, all the while tackling issues for the common good. “We teach our students big picture thinking, so they are able to develop innovative cross-sector solutions, which we believe will help them to realize their true potential in whatever avenue of business they choose to pursue,” adds further its faculty members. BSL fosters Research-and-PracticeInformed Judgement and Ethical Behaviour. It trains professionals as Life-Long Learners and Principled Researchers. The school’s Philosophy of Business Education is centred on its graduates. Its four-dimensional project for them is crafted on Unique Talent Advantage, Expertise, Learnings, and Impact. BSL graduates are principled doers, with a unique ability in bringing business transformation. Its students excel in upscaling sustainable businesses and promoting entrepreneurship. BSL Graduates display proven and innovative business skills that are hard in nature. They foster and nurture a deep knowledge of the megatrends in business that shape the world today and have a strong and developed entrepreneurial mindset. When it All Began… Founded by entrepreneur Dr John Hobbs in 1987, the Lemania Swiss Group of Schools (LSGS) took interest in Business School Lausanne (BSL) in its early stages as it was the ﬁrst school oﬀering an MBA, to be accredited by a US Accreditation board. LSGS, founded in 1908, is backed by three generations of educational history. Their entrepreneurial leadership and mindset development throughout generations has been a continual driving factor for the success of BSL.

“

At Business School Lausanne, not only do we teach Business Administration, we create Business Administration practice and knowledge!

Honorary degrees have been awarded to predominant changemakers over the years as BSL scrupulously searches for personae who not only mirror the vision and values of BSL but also are positive drivers as leaders in societal change for good. For every degree oﬀered at BSL, the school focuses on a personalized education for global impact. Personalized education has, at BSL, a double bottom line. “We have a personalized approach to what we are teaching and to how we are teaching it,” conveys the team at BSL. The school wants all its students to have the capacity to understand and address today’s and tomorrow’s challenges in business and society. “Our graduates are doers who can change the way business is done, whenever it is needed, to have a more signiﬁcant impact on their future professional roles,” the team adds further. To achieve this goal, BSL’s teaching is built around three main pillars: ● The transfer of the most up-to-date business knowledge adapted to the evolutions of business operations and strategy in a globalized and digitalized world. ● The understanding of the implications on all businesses of

www.theknowledgereview.com | 23 | Sept 2021

major global megatrends, shaping business transformation today: Sustainability, Artiﬁcial Intelligence and Digitalization. ● The development of students’ entrepreneurial mindset and skills, which they will need to become doers and be able to take action to have the most signiﬁcant possible impact in their future roles in business.

Dr. David Claivaz (CEO of Lemania Swiss Group of Schools & Acting Dean)

Dynamics of BSL BSL considers the individual talents, interests, and situations of its students, by adopting a specific approach towards personalized education. “We have a personalized approach as to what we are teaching and as to how we are teaching it,” claims the faculty at BSL. How are they teaching? Well, BSL offers flexible and individually curated study plans to match each student’s personal transformation and career progression goals. The BBA offers 4 intakes a year, the Master’s multiple Capstone

Experiences, the E/MBA, the chance to choose between diﬀerent concentrations and full or part-time study plans as well as build a Final Business project to leverage as a launching pad for an entrepreneurial venture or consulting project. The DBA program matches each candidate with a personal faculty supervisor, experienced academically and professionally in the research area of the candidate. Students are welcome to visit the campus to work with their supervisors, but an on-campus presence is not mandatory. Its teaching is concentrated on a period of two

“

For every degree that we oﬀer at BSL, we focus on personalized education for global impact.

weeks yearly, and its Doctoral Acceleration weeks help candidates accelerate their research. Furthermore, regarding the DBAs, BSL has its own Research Centre on Business Transformation which provides a direct inﬂuence on the content of the complete suite of programs. Agile management of the curricula makes for easy integration of new topics. For example, in 2021 the school revamped its ESG/Sustainable Finance oﬀering. Experiential learning such as real-life projects have an onsite incubator for entrepreneurial projects by students. There is an entrepreneurial project embedded in the Executive Education program. Also, there is an

Sept 2021 | 24 | www.theknowledgereview.com

Mr. Philippe Du Pasquier (President of the board)

entrepreneurial mindset development a ‘test, try, and fail fast and pivot’ culture. BSL is rich with courses oﬀering examples in Innovation & Organizational Design, Data Science, Machine Learning and AI in Business, Business Transformation towards Sustainability, and Digital Business Transformation. “Our goal is to make sure that our students understand the business world they are entering in, or they are evolving in, as well as its current and future challenges and to equip them with the thinking, the mindset and the tools they need to contribute to and master those challenges,” conﬁrms the faculty at BSL.

Dr. Dominique Bourqui (Chief Academic Oﬃcer & Director of the Doctoral School)

In an increasingly quickly changing business world and business environment, the school’s programs need to be adapted every year to consider the new realities and challenges the businesses are facing.

• Global Impact of BSL • Education for global impact in our di erent programs means that: At the BBA level – ACQUIRE At the BBA level, we help students acquire the business skills, the entrepreneurial mindset and the understanding of the megatrends shaping today’s world to help them contribute to making an impact in business. At the MASTER level – MASTER At the Master’s level, we want our students to master the business skills, the entrepreneurial mindset and the understanding of the megatrends shaping today’s world to enable them to initiate an impact in business. At the MBA level – IMPROVE AND USE At the MBA level, we help our experienced professionals by improving and using their business knowledge combined with their business expertise and know-how to have the highest possible impact on the transformation of a speciﬁc business. At the DBA level – CREATE At the DBA level, we help senior professionals create new business knowledge and new business practice in the form of frameworks, methods or tools to impact the transformation of a whole industry.

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Personalized Education Streamlined At the BBA level, personalized education means: What we are teaching: Our students are exposed to all dimensions of business, and thus can express the variety of all their individual talents. How we are teaching: We o er 4 di erent intakes, optional internships, experiential learning for up to two semesters.

Dr. Agnieszka Kapalka

(Deputy Academic Oﬃcer)

At the MASTER level, personalized education means: What we are teaching: Our students have topical concentrations they can choose from: Entrepreneurial Leadership or Finance. How we are teaching: We o er 4 di erent intakes with a full semester based on experiential learning through an internship, an entrepreneurial project, or a thesis. At the MBA level, personalized education means: What we are teaching: Our students have topical concentrations they can choose from: Sustainable Business or Business Transformation & Entrepreneurship. How we are teaching: We o er 2 di erent intakes with the possibility to follow the program in full-time or part-time and a quarter of the credits is based on experiential learning through a personal project.

Dr. Mouna Chaari

(Deputy Academic Oﬃcer)

At the DBA level, personalized education means: What we are teaching: Our students work from the very beginning of their research with a dedicated Thesis Supervisor. They receive personalized feedback on their research from other faculty from our Doctoral School during our Doctoral Acceleration weeks. They beneﬁt as well from one-to-one coaching sessions during their Doctoral Journey, with the Executives of the doctoral school.

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Accreditations & Rankings ▶ ACBSP First in Europe ▶ AACSB (upcoming) ▶ CEO Magazine - MBA Ranking (MBA - Tier One, EMBA - 20th & DBA Premier o ering) ▶ Ranked #2 for its Master of International Business (MIB) and #4 for its Master of Business Administration (MBA) in the QS Global Business Masters and MBA Rankings 2019 ▶ DBA ranked 2nd out of 58 European Executive and Doctoral Programs by the EU Commission

Members ▶ GRLI ▶ EFMD ▶ EDBAC ▶ AACSB ▶ Swiss Sustainable Finance ▶ PRME ▶ Global Compact ▶ 50+20 ▶ Swiss Federation of Private Schools

Mr Gajinder Paul

Director

Canterbury Institute of Management/Scrum Certiﬁed Trainer (SCT™))

About the Author Mr Paul is an engineer-MBA turned educator. He is well known in the international education sector in Australia. Mr Paul started a vocational education facility in 1999 in Sydney which later expanded to Queensland and Northern Territory offering programs both in UG and PG. He is amongst few certified Scrum Trainers in Australia and has attained multiple qualifications in Scrum, Agile, Prince2, and ITIL i.e., Scrum Foundation Certified (SFC™), Scrum Master Certified (SMC™), Scrum Product Owner Certified (SPOC™), SCRUMstudy Agile Master Certified (SAMC™), Six Sigma Yellow Belt (SSYB), PRINCE2® Foundation and Practitioner Certificate in Project Management, ITIL® (Foundation), ITIL® Intermediate Certificate in IT Service Operation. Mr Paul is working with CIM academic board for submissions to Australian Department of education to add SCRUM as compulsory subject as part of UG and PG qualifications be to part of academic curriculum in CIM new proposed programs.

Traditional

Project Management OR

SCRUM

Which one is Efﬁcient and creating demand for certiﬁed professionals?

Sept 2021 | 28 | www.theknowledgereview.com

Astute Thoughts

s outlined by leading Scrum Certification organization, including Scrum Study traditional project management emphasizes on conducting detailed upfront planning for the project with higher priority for fixing the scope, cost, and schedule - and managing those parameters. Whereas, Scrum encourages data-based, iterative decision making in which the primary focus is on delivering products that satisfy customer requirements. I, being certified both in Traditional PM techniques in MBA/other certifications and Scrum, can visualize the differences very well in practical work. Scrum can deliver the greatest value in the shortest time, Scrum promotes prioritization and Time-boxing over fixing the scope, cost, and schedule of a project. An important feature of Scrum is self-organization, which allows the individuals who are actually doing the work to estimate and take ownership of tasks. Several organizations around the globe are accepting Scrum as a primary project management framework for their projects, especially when they operate in a dynamic business environment.

3. Daily standup meetings 4. Transparent, visible tracking 5. Sprint review & retrospective War on Agile Talent With more organizations looking to enable enterprise agility, there will be a greater demand on talented individuals and teams who have prior experience in this way of working. People with previous experience, in particular those who have seen what works and what doesn’t in different contexts, is critical to the success of an agile transformation. As confirmed by many at the 2018 Business Agility conference globally, organizations are already seeing the ‘war on talent’ Reference: Business agility conference Dr. Jon Younger and Dr Norm Smallwood The figure below shows that Scrum is increasingly being applied outside of the traditional IT industry in any organization sizes. Because of the ever-evolving technology and ever-changing socio-economic conditions, project management needs a framework like Scrum, which is highly adaptable and change-friendly. Reference: https://www.oladeconsulting.com/scrum.html https://hbr.org/2018/05/agile-at-scale

What is Scrum? Scrum was formulated as a faster, more ﬂexible way to deliver the greatest value in the least amount of time. It is one of the most popular Agile development methods. Scrum project management is rooted in Agile methodology, which is a framework in which small teams carry out the incremental and iterative delivery of a product. This informative and easy-to-read article explores similarities and diﬀerences between scrum project management and classic project management. The Scrum method includes 5 elements: 1. Time-boxed sprints 2. Sprint planning meetings

Scrum-certiﬁed professionals help organizations with improved level of project management that leads to increased ROI. Scrum is being used in most Fortune 500 companies. If you are student or a working professional, having scrum certiﬁcation can increase chances of career enhancement that is why it is highly recommend adding it in your resume.

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reasons

why

Europe is home to

Leading B-Schools World in the

n this highly commercial world, a master’s degree in international business is what every business around the world demands. Companies need business experts who understand the business insights eﬀortlessly. There are many business hubs in the world but all the eyes in the end land on the European markets. This has made

Europe, home to some of the leading business schools in the world.

Business schools in Europe have made their presence felt across the world. They have excelled in training and presenting the experts in business management for many multinationals. Europe despite being a small market

compared to Asia and America is home to many business hubs in the world. The speciality about these business hubs is that each business focuses on profit but in a completely different market, providing a completely different experience. This developed the need for diverse business schools that prepared practical and visionary

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Business Education Insights

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business leaders. Over the years, business schools in Europe have done exactly that and some of them are the leading business schools in the world. So, what made Europe home to some of the leading business schools in the world? Well, here are 5 reasons that made Europe home to some of the leading business schools in the world. 1. Home to some of the world’s biggest economic centres Europe is a small continent yet is home to some of the biggest economic centres of the world. London, Paris, Madrid, Munich, Barcelona, Stockholm, Berlin, Milan, Rome, are some of the many economic centres. This created a need for understanding businesses for thriving and surviving. The need of understanding business needs according to the economic centres resulted in business schools being more ﬂexible and spread across Europe. European countries like the UK, Spain, Germany, France, Italy, not just attract business from all over the world, but also have diverse cultures, history and art. This makes it a perfect place for students to study business learning from the depths of the business centres. 2. The uniqueness of European business school European business school oﬀers many courses for students to study business. Many majorly focus on MBA and International Business master’s degrees. The uniqueness of the European business schools is that depending on the country and the school, the style of teaching changes. For example, business schools in France are specialised in the fashion business and luxury goods. Whereas, business schools in Spain focus on entrepreneurship, innovative teaching

style and conducting business for profit which will develop the community. Along with the basic requirement of business, different business schools in Europe provide different speciality. This has made business schools unique and has attracted students from all over the world. 3. Complete student experience When students opt to learn the business for higher studies, European leading schools provide everything for a complete business experience. The business schools’ teaching and learning programs revolve around students. Students being at the core of every program that the schools offer, helps them to become aspiring and pragmatic business leaders of the world. Along with that multinational companies often choose students with exposure to European markets. This is because of the huge economic market that Europe has. European business schools have excellent academics that indulge students in the depths of diverse European and world markets. The complete student experience that the European schools provide made them stand out as some of the finest business schools in the world. 4. Diverse business learning culture Europe despite being a continent can be considered as a country with different countries being different states. This is the reason many top business schools in Europe have such a diverse culture, history, and art. Due to the business links being interlinked and connected, business schools offer learning cultures that originated in their country but are applicable for all the industries.

students into it, gives students a complete business guide. The business in Europe is interlinked with its history, culture, art, etc. making the learning culture more enjoyable and practical base for the students. Learning the business of the whole of Europe made it easier for the business schools to outshine other schools. 5. European business schools offer more scholarships and free tuitions One of the major reasons that business schools in Europe are leading in the world is because of the scholarships and free tuition that it offers to their students. If you are a resident of the European Union, then the universities offer zero tuition costs. Students from other parts of the world can also opt for different scholarships and learn the business from the top business schools in Europe. This makes Europe a perfect place for studying business for the upcoming business leaders. Some of the leading business schools that are in Europe are IESE Business School in Spain; HEC Paris Business School in France; SDA Bocconi – School of Management in Italy; London Business School of England; and many others spread across the continent. These business schools offer diversity, culture, growth rate, etc. for the students to excel in business studies. Along with that most of the leading business schools in Europe have an employability rate better than that of any other university in the world. The geography, history, culture, and combined efforts of different countries for flourishing business make the business schools in Europe some of the leading business schools of the world.

The unique learning system that has evolved around business and indulging

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Best Business Schools in Europe Vol. 2

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Changing B-Schools

European

Business

Education

the

Pandemic

World

he pandemic is still going on, with a prediction of fourth wave, across the ﬁfty-three countries of Europe, going into the winter season. The horrendous times have severally impacted every aspect of life in general, including education. And speaking especially of business education, the situation is chaotic, with many campuses completely shut, while many others half-open, half-closed. The entire scenario looks unimaginable.

The only hope that the pandemic has brought in business education sector is increased importance of distance learning, and more adaptability (by institutes as well as by students) of full-time online learning as an excellent alternative to no on-campus (physical) education at all, in case, the fourth wave forces governments again to take more drastic measures. Most business schools have risen to the insurmountable challenges and adopted

online learning. With the preference to safety-ﬁrst measures, B-schools have tailored their teaching to ensure students are able to learn safely, recognizing that online learning is the future of business education. Though, many B-schools will not completely abandon on-campus learning in the long-term, this new dependency on online learning is undoubtedly going to remain in the present and postpandemic world.

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The operational shift provides European B-schools with opportunities to entice new students with this option of ﬂexibility, who wishes to study with the best institution, irrespective of their physical constraints, without bothering about them.

the respondents. In the present too, virtual and hybrid classroom development are B-schools’ main priority, and around 25% of schools have already implemented virtual reality (VR) tech into their digital learning environments.

To do this, one area all the B-schools must focus on is their media, communication, and public relation (PR) strategy. They can highlight their technologically equipped education models and courses along with their upskilled and expert teaching faculties, and they can also tap hitherto untapped geographics. Furthermore, they can educate the potential students about the value of their online programmes by combining presently studying students and alumni stories.

Demonstrating the many benefits of digital or online learning, 74% respondents stated reduced travel time for students as a major advantage. While 70% of them talked about increased opportunities for international collaborations, 66% told that digitally recording the sessions was an added benefit. Also, 61% respondents believed that online teaching was as effective or more effective than on-campus teaching.

Virtual Learning: EdTech Boom As per the new report by Association of MBAs (AMBA) and Business Graduate Association (BGA), percentage of B-Schools using Virtual Classrooms have increased from 51% (at the end of 2020) to 75% by October 2021. Out of 171 B-School leaders surveyed, the report found out that 84% wished to keep the new technology even after the pandemic. Also, 67% of the respondents said that they will keep investing in EdTech. While according to 82% of the respondents’, learning ﬂexibility is vital for the future of business education, hence, over the next two years, they want to invest more in EdTech. While 83% of B-school leaders revealed that the bulk of this funding is and will be done for MBA programmes. Virtual classrooms and online learning platforms are eﬀective as per 92% of

The European MBA Job Market: Hope Remains According to data put forth by Broadbean Technology, one of the largest networks of job-boards worldwide, in the Netherlands’s pharma sector, vacancies at the end of May 2020 were up by 41% compared to the same time a year ago, and in ﬁnancial services they were up by 65%. In France, IT sector vacancies were up by 13% at May end as compared to the previous month and by the start of June, in pharma sector, vacancies were increased by 11%. And, in Germany, by mid-June, pharma industry’s job vacancies increased by 52% and ﬁnancial industry’s vacancies were up by 26%. According to the career advisors from B-schools across Belgium, France, Germany, Italy, Netherlands, Spain, and Switzerland, the sectors which look promising for MBA job aspirants are healthcare and pharma, e-

commerce, banking, fintech and telecommunications. Similarly, despite the uncertain times of present and post pandemic world, businesses across all sectors have learned their lessons and they will not stop hiring and reassured the B-school leaders that they will continue recruiting as planned. Many of the European B-Schools have been preparing their students for the digital environment they are going to face in the technologically advanced professional world, working to ensure that their students will be techno-savvy by the time they join their new roles. Alumni Networks: A Timely Help The pandemic has reaffirmed European B-schools to value their alumni networks with renewed passion. During these turbulent times, such networks play a crucial role in keeping the momentum going. It is reassured by the B-school leaders (from countries like Switzerland) who revealed that one of the reasons for European MBA jobs market’s resilience was the incredible role played by alumni in supporting current MBAs by finding placements. All in all, European B-schools have learned their lessons from the pandemic. They have changed their perspective, style of functioning and approach to the education. They are focusing more on an all-inclusive, safe, and smart way for teaching and learning. The transformation is imperative, and it will continue long even after the pandemic is over.

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