HEC LAUSANNE EXECUTIVE MBA. HEC Lausanne

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1 HEC LAUSANNE EXECUTIVE MBA HEC Lausanne

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3 WELCOME TO A WORLD OF OPPORTUNITIES Each year our EMBA programme attracts a diverse group of motivated professionals pursuing roles that require new skills, greater responsibility, and strong leadership. Although each of our participants arrives with their own specific goals, they all share a common objective: a commitment to change. At HEC Lausanne we share this commitment. Our comprehensive programme enables our graduates to better understand and negotiate the ever-shifting business environment, at both a personal and professional level. Our culture provides a unique learning environment that combines a Faculty known for its cutting-edge research, diverse teaching methods, and a network of partners that will prepare you to transform your career, your organisation, or your industry. We look forward to meeting you and discussing how our programme can help you achieve your goals. Our Executive MBA offers a unique opportunity to take time out from your business life to reframe your focus and review your aims. Many of the participants who complete our programme are transformed professionally and personally. They are energised with a fresh new vision of the possibilities open to them and equipped with the skills to fulfil their highest potential. Jeffrey S. Petty Academic Director 3

4 WHY HEC LAUSANNE? The Faculty of Business and Economics of the University of Lausanne prepares responsible managers and entrepreneurs to generate and implement ideas that impact society. The Faculty is regarded as a leading business school, offering the highest quality management and economic education and conducting notable research across various fields of business studies. HEC Lausanne delivered its first MBA programme in Designed for ambitious managers seeking to enhance their career opportunities, the full-time MBA evolved into an Executive MBA in Initially launched with a focus in Corporate Finance, the programme rapidly grew in size and scope with a second track being offered in 2011, the Executive MBA focus in Healthcare Management. The Executive MBA enables participants to interact with their international peers and professors, as well as gaining a more in-depth knowledge of business fundamentals within a challenging university environment. A HIGHLY RANKED PROGRAMME The Executive MBA programme is accredited by EQUIS and AMBA, two international accreditation bodies that ensure its quality and academic excellence. Fast Facts University of Lausanne Founded in 1537 Became a university in faculties 14,165 students 3,066 full-time employees HEC Lausanne Founded in ,911students 75 full-time professors 257 researchers 10,000 alumni Executive MBA HEC Lausanne Founded in 1979 Cohort of 40 to 50 students 800 alumni The programme has been ranked among the top 100 Executive MBA programmes for the past three years by the Financial Times. Moreover, the focus in Healthcare Management is recognised by the Fédération des Médecins Suisses (FMH). Graduates of the Healthcare focus are eligible to receive 25 credits toward ISFM training. Our EMBA programme has been ranked among the top 100 Executive MBA courses for the past three years by the Financial Times. International Business School 100 academic partnerships 42% international students 65% international faculty 4

5 INSPIRING PROFESSORS AND LECTURERS How can we expect to nurture participants into visionaries, leaders and agents of change if we are not inspiring teachers ourselves? Our dynamic, bold, sometimes unorthodox, often unusual teaching methods have helped us consistently rank as an exciting, best-in-class EMBA programme. Our professors develop theories and new methodologies that form the foundations of our academic excellence. As a university-based business school, HEC Lausanne has two main missions toward the community: Research and Teaching. These activities complement each other, as our professors use their research to enrich and strengthen their teaching. HEC professors hold doctorates from world leading universities and have many years of teaching experience within the Executive MBA programme. In addition to their academic responsibilities, they are an active part of the Swiss business community. AN INTERNATIONAL PERSPECTIVE Situated at the heart of a key European business cluster and with over half of the Faculty comprised of international professors and lecturers, HEC Lausanne is a global campus, one of the most cosmopolitan business schools in Europe. Our location in French-speaking Switzerland, home to the headquarters of many international corporations, the United Nations, a strong finance industry, and a significant pharmaceutical hub, means we attract a particularly rich and unique mix of mid-life professionals. Typically, participants work in global corporations, and are highly motivated to learn and bring their skills to the classroom. HEC Lausanne is one of the most cosmopolitan business schools in Europe, with a highly international Faculty. PARTNERSHIPS ENRICH OUR PROGRAMME Strong relationships with key partners are the result of our clear business and market orientation. We actively collaborate with organisations and businesses that enhance the value of the academic, leadership, and careerrelated aspects of our programme. Academic alliances with EPFL, the Ecole Polytechnique Fédérale de Lausanne and CHUV, the university hospital in Lausanne, are two internationally renowned institutions geographically close by, which provide a forum for learning and exchange. 5

6 WHY CHOOSE US? 1 QUALITY, EVIDENCE-BASED TEACHING HEC Lausanne is recognised for its efforts devoted to research and academic publications. The Executive MBA programme leverages the latest research and specific methodologies to deliver courses developed to match the needs and expectations of managers operating in demanding and dynamic environments and organisations. Oriented toward teaching and promoting responsible business practices, our programme challenges participants to develop new perspectives that require them to consider the impact of their actions on both their organisation and society. We leverage the latest research and methodologies to deliver courses developed to match the expectations of today s managers. 2 PEERS THAT WILL CHALLENGE AND INSPIRE YOU The selection process for the Executive MBA at HEC Lausanne is intensive, for a reason. We believe that it is our responsibility to build a dynamic yet heterogeneous class with an appropriate blend of academic backgrounds, professional experiences and career ambitions. Learning, especially in the context of the Executive MBA, is a social process, and your classmates as well as your professors will contribute to your progress. 3 A GREAT FIT FOR YOUR LIFESTYLE Designed to fit your professional and personal commitments, classes are offered every other week. Preparation for classes and completing assignments requires time, but the scope and delivery of the programme allows you to maintain a balance in your personal and current professional life. 6

7 What to expect from the programme The Executive MBA HEC Lausanne lasts 15 months and all courses are taught in English. Classes take place at the UNIL campus on Fridays and Saturdays (8h30-17h30) every second week, with three additional block weeks throughout the programme. Participants are required to choose between two focus areas: In Healthcare Management In Management & Corporate Finance Key learning objectives include: Developing effective management strategies and leading their implementation; Exploiting financial planning opportunities to drive performance; Leveraging key management concepts and tools to enhance your organisation s competitiveness; Learning and applying the latest leadership principles. 7

8 w w DYNAMISM THROUGH DIVERSITY At HEC Lausanne we value diversity, meaning we evaluate each participant s professional experience, academic achievement, and personal qualities. Each year our participants hail from a wide variety of organisations and have worked around the world. They all have a strong motivation, ambition and clear career aspirations. They understand how the programme can help them to achieve their personal and professional goals. The experience and personality that each participant brings to our programme continuously shapes and informs the classroom experience. Whether it is our participants, professors, alumni, or partners, our people really are a differentiating and defining element of our Executive MBA. For 15 months, you will be alongside people who work and think differently to you. By sharing knowledge and experiences, you will broaden your vision and opportunities. Class of participants Female Ratio:27%-40% Average age of 39 educational background 32% Engineering 28% Management & Economics 20% Sciences & natural sciences 20% others 22 different nationalities Sciences Natural Sciences 32+ Engineering Other Management Economics 47+ Other Swiss European Average of 13 years of work experience *Statistics from the past three classes (Class of 2014 to Class of 2016) 8

9 «My name is Stéphanie. I have over 15 years of professional experience and I am currently Head of the Quality and Risk Department at IATA for its financial and distribution services division. I am married and have two children. My motivation to pursue an EMBA was to acquire new capabilities, especially in the finance area. I also wanted to broaden my business knowledge and skills. At HEC Lausanne I found not only a relevant programme with high quality courses and professors but also a real cohesion between my classmates. I was very inspired by the people I met. They have greatly contributed toward my experience by exposing me to different ways of thinking. I can safely say that choosing HEC Lausanne was more than worth it!» «I am Mario and I come from Colombia. After many years in Germany where I have been studying and working, I moved to Switzerland to establish myself professionally. With a background in engineering, I developed my technical skills and competencies in leadership and business as one goes along in my work. Nevertheless, I did not have the chance to build strong foundations in management and corporate finance. With the EMBA HEC Lausanne, I was able to learn key elements of a solid management strategy that can generate value-added for both my corporate strategic projects and my company. This knowledge also allowed me to further develop my career within SBB FFF FFS from Project Manager to becoming Deputy QM Manager toward the end of the programme. In addition, HEC Lausanne gave me an extraordinary cosmopolitan playground for enrichment through meeting experienced professionals from different global and local industries.» «My name is Ramin. I am German and a father of two boys. I am the Founder and Managing Director of Nexus Consulting, a training consulting company that delivers services worldwide. During my first weeks at HEC Lausanne, I rapidly realised the strengths of the programme. The positive environment and the work we were absorbed in created collaborations and sharing among all of us. We were not only learning from our professors but were also enriched by our contacts with each other. Arriving at the end of this journey, I enhanced my entrepreneurial spirit, knowledge and skills, which helped me to further grow my business. I also made life-long friends. We collaborated on the hard work with an incredible class team-spirit and we did it with a lot of passion, joy and fun. I would love to repeat this experience again!» 9

10 PROGRAMME STRUCTURE Our Exective MBA programme is divided in three stages: the General Management Modules, the Advanced Management Modules and the Focus Area. 1 GENERAL MANAGEMENT Over the course of the first nine months, the General Management Modules (GMM) make up the first ten courses of the programme and concentrate on the fundamental concepts and basis of business and management. 2 3 The GMM are designed to enhance your understanding of the core business concepts. ADVANCED MANAGEMENT Advanced Management Modules (AMM) aim to reinforce participants understanding of two key business areas: strategy and leadership. The topics tackled during this stage help develop a sharp sense of strategy and leadership. YOUR CHOSEN FOCUS AREAS Healthcare Management The Healthcare Management Focus, oriented toward the specific needs of the healthcare sector, provides participants with strong knowledge and tools to meet future challenges in the ever-changing healthcare environment. Management & Corporate finance The Management & Corporate Finance Focus provides managers with deeper knowledge in corporate finance. This focus strengthens participants understanding of the fundamental concepts of finance. General Management Capstone projects & 10

11 The curriculum consists of the following modules:* GENERAL MANAGEMENT MODULES Accounting & Control Business & Society Business Economics Business Law Fundamentals Business Statistics Finance Fundamentals Financial Accounting Leading Organisational Culture & Change Marketing Management Operations Management ADVANCED MANAGEMENT MODULES Entrepreneurship Individual Strategy Project Leadership Negotiation Public Speaking & Presence Strategic Management Sustainability & Strategy HEALTHCARE FOCUS Healthcare Strategy & Marketing Health Technology Assessment & Regulation Therapeutic Innovation FINANCE FOCUS Corporate Finance Financial Investments Strategic Taxation Issues PERSONAL DEVELOPMENT Career Management Series Individual & Group Coaching Soft-skills Development CAPSTONE PROJECTS Individual Strategy Project Entrepreneurship Group Project Sustainability & Strategy Project Advanced Management Or Healthcare Focus Finance Focus ongoing personal development *Detailed descriptions of the Modules are available upon request. 11

12 INTRODUCTORY PROGRAMME & STUDY ABROAD MODULE INTRODUCTORY PROGRAMME Start the programme by re-wiring your brain! For many participants, the last time they set foot in an academic institution was years or decades ago. This is why our Introductory Programme is so important. It is a way of kick-starting your return to studying, helping your get re-acquainted with the university environment and back into a learning mode. The four-day immersive experience helps prepare you to unlock your brain to get the most out of this learning experience. You will discuss and brainstorm optimum cognitive methods and how to better maximise the learning process. You will work on your first project, the Sustainability & Strategy Project. You will explore a real-world business case and diverse stakeholders will intervene to give their expertise on different topics related to this scenario, for the duration of the project. This Introductory Programme is intensive but has a strong social aspect, oriented toward networking and meeting your fellow participants. You will get to know the people you will spend the next 15 months with, as we believe that a collaborative class dynamic forms the foundation of your hard work, enriched by a team-spirit and plenty of fun. STUDY ABROAD MODULE HEC Lausanne has a longstanding partnership with renowned institutions abroad, with which we organise an annual week-long study tour. Classes take place on the campus of partner schools, and participants visit local companies that represent outstanding business principles and practices. The study tour is an enriching and complementary addition to the programme. The location and institute of the study tour is subject to change. 12

13 CAPSTONE PROJECTS In the academic world, a capstone project is a practical assignment, based on a real-life challenge, and which represents the culmination of your knowledge. During your Executive MBA programme, you will work on two major projects: your Individual Strategy Project, which you will be requested to identify straightaway, and a Group Entrepreneurship Project, which starts every June. The aim of these is to create, adapt and apply new strategies and knowledge to situations you have experienced or expect to anticipate in your career. INDIVIDUAL STRATEGY This is a personal piece of work directly linked to a strategic challenge within an organisation, company or firm that you are associated with. The Individual Strategic Project (ISP) is an opportunity for you to take a concrete challenge with a view to making a real impact in your professional or personal field. You will integrate newly acquired skills and competences to a real-world challenge and will act as an in-house consultant. ENTREPRENEURSHIP Whether you are an employee or a business owner, the Entrepreneurship course will enhance your entrepreneurial mindset and capabilities. Collaborating in small groups, you will choose to work either on a brandnew venture or on a new project in an existing organisation willing to diversify its activities. SUSTAINABILITY & STRATEGY During the Introductory Programme, the Sustainability & Strategy Project offers an integrative view of how economic, societal and environmental sustainability considerations are incorporated in a value chain. Based on a real case study, you will explore the challenges of aiming for competitiveness and sustainability along the entire value chain. 13

14 SUPPORTING YOUR PERSONAL DEVELOPMENT To advance in one s career and personal life, self-awareness, confidence and social skills play a key role in helping us become the successful, driven, and self-aware individuals we all seek to be. At HEC Lausanne, our special personal development modules which run throughout the programme - aim to enhance your soft skills. This segment of the programme comprises compulsory and voluntary courses and workshops to help you strengthen particular aspects of your interpersonal aptitudes. INDIVIDUAL & GROUP COACHING Everyone is supported in their aim to pursue deeper self-assessment and awareness. This module focuses on self-development but also on building effective teams. Through personalised and group sessions, you will learn to give and receive high quality feedback, develop your individual goals and identify your strengths and development opportunities. CAREER MANAGEMENT Our career management series aims to support you in your professional development. Career advice is offered to participants who would like to assess their professional situation. Whether seeking a career change or advancement in your organisation, you will learn how to more effectively build and leverage your professional network, use the latest career search tools, and better understand how different assessment tools are used in the job market. The high quality of education and the dynamic learning environment have strengthened my potential. The programme deeply enhanced my skills on leadership, team work and decision making. It taught me how to build and maintain an international network and at the same time it also built up on creativity and opportunity.» Eleni Markatou Alumna

15 BUILD A LASTING BUSINESS NETWORK Our participants come from a wide variety of educational and professional backgrounds. They have different personalities but the same willingness to excel, learn and share, which is key to building strong and valuable relationships. During 15 months, you will be alongside people who work and think differently than you do. You will share knowledge and experiences that will broaden your vision and generate new opportunities. Your social and professional network is strengthened during the whole programme and will continue to grow within the MBA HEC-Alumni Association. Your network of contacts will be very international but anchored in the Swiss and European economic landscape. MBA HEC LAUSANNE ALUMNI ASSOCIATION The Executive MBA HEC Lausanne is a lively community of people who often network and get together after graduation. This independent organisation is exclusively run by alumni. It serves the needs of more than 800 members with support services and events such as conferences, workshops, company visits, etc. Thanks to the alumni efforts, the EMBA HEC Lausanne community continues to grow worldwide. As the president of the MBA HEC-Alumni Association, I am pleased to see that our association is growing rapidly. The efforts to proactively engage with all our members and develop our activities do not only help to increase the network of each of our alumni but also the value of our common HEC degree. I am always amazed by the people who join us each year. With incredible international experiences, cultures and different job positions, they highly contribute to build our community! Laurent Wenker Alumnus of

16 ADMISSION PROCESS QUALITIES WE LOOK FOR We strongly believe in open-mindedness, personal initiatives and innovative change. Our objective is to help you enhance your personal, corporate and social responsibilities by further developing your capabilities and critical thinking. The programme is intended for ambitious executives who want to further their career, enhance their skills and are willing to embrace the challenge of this Executive MBA programme. YOUR NEXT STEPS Admission to the EMBA programme is based upon a competitive selection process which ensures the right mix of qualified participants for each class. We operate on a rolling application process, which means that we accept applications throughout the year; the sooner you apply the sooner an admission decision is made. 1 PRE-ASSESSMENT Should you have any doubts about your eligibility, we strongly recommend 2 APPLY that you contact us for a one-on-one discussion and a review of your CV prior to completing the application form. ONLINE The application form is available on our website. Your application file must be completed with accurate information and please ensure that you submit all of the requested documents. 3 INTERVIEW Based on a review of your completed application, the Admissions Committee will inform you if you are short-listed for an admission interview. Entry Requirements University degree or equivalent; Min. 5-7 years of relevant professional experience; Fluency in English. Tuition 34,500CHF Application Rounds Round 1: November 30 th Round 2: February 28 th Round 3: April 30 th 16

17 Contact HEC Lausanne Executive MBA University of Lausanne Quartier Dorigny Extranef Building CH-1015 Lausanne Tel: +41 (0)

18 How to find us By rail Lausanne railway station is approximately 20 minutes by metro from the University of Lausanne. From the railway station: Take the metro M2 in the direction of «Croisettes» Get off at «Lausanne Flon» stop Take the metro M1 (TSOL) in the direction of «Renens CFF» Get off at «UNIL-Dorigny» stop By car The average journey time from Geneva is 40 minutes. The A1 motorway links Geneva directly to the university. Take the direction of «Lausanne-Sud» Leave at «UNIL-EPFL» Follow «UNIL» Then «UNIL-Dorigny» 18

19 Legal disclaimer: The content of this brochure is subject to change without prior notice. September 2015, HEC Lausanne Executive MBA UNIL

20 HEC Lausanne

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