CBS EXECUTIVE MBA IN SHIPPING & LOGISTICS

Transcription

1 CBS EXECUTIVE MBA IN SHIPPING & LOGISTICS EXECUTIVE MBA IN SHIPPING AND LOGISTICS (THE BLUE MBA) Triple-accredited Executive MBA programme tailored to the maritime industry. Next programme start: September For more information please visit

2 2 CBS EXECUTIVE MBA IN SHIPPING & LOGISTICS Contents Welcome to Copenhagen Business School 3 The Executive MBA in Shipping and Logistics 5 Programme Overview 6 Programme Structure 7 A Modular Programme, Designed for the Experienced Executive 8 Faculty and Teaching 13 A Global Industry. A Global Network. 14 Admissions Requirements 15 He who loves practice without theory is like a sailor without rudder and compass; never knowing where he may cast. Leonardo da Vinci,

3 CBS EXECUTIVE MBA IN SHIPPING & LOGISTICS 3 Welcome to Copenhagen Business School Copenhagen Business School is an international institution dedicated to lifelong learning and educating business leaders. Triple-crown of accreditations AMBA EQUIS AACSB Total students 20,000 Founded in 1917 One of Europe s Largest Business Schools Copenhagen Business School (CBS) was founded in 1917 to meet the business sector s demand for highly qualified people. Today it is one of the largest business schools in Europe with around 20,000 students. CBS offers a comprehensive range of programmes in business economics and modern languages for international business communication on bachelor s, master s and PhD level. Inspiring Leaders Around the Globe At the cutting edge of lifelong learning and leadership development for executives and professionals, CBS has been running executive programmes touching the pulse of global business since the early 1990s. As the leading business school in Northern Europe, we offer you an unrivalled learning environment featuring outstanding facilities, easy access to the latest research, one-on-one time with faculty and a modular curriculum with teaching taking place in Denmark, Singapore and the UK. High-quality Executive Education As one of less than sixty business schools worldwide, CBS holds the triple-crown of international accreditations; AMBA, EQUIS and AACSB, underlining our commitment to high-quality executive education. In addition to these accreditations, CBS has been chosen as the only university to represent Denmark by CEMS, Community of European Management Schools. CBS also belongs to PIM, Partnership in International Management, an international consortium of prestigious business schools. In other words, when you choose to study at CBS, you can be certain that you are receiving the very best executive education.

4 4 CBS EXECUTIVE MBA IN SHIPPING & LOGISTICS

5 CBS EXECUTIVE MBA IN SHIPPING & LOGISTICS 5 The Executive MBA in Shipping and Logistics The triple-accredited Executive MBA in Shipping and Logistics (The Blue MBA) has a world-class reputation in the maritime industry and has been specifically designed for high-potential shipping executives. The Blue MBA has really lifted my career and given me a much broader perspective of the maritime industry. I would really recommend this programme for anyone who wants to make shipping their career. Erle Kristin Wagle Manager, Environmental Performance, BW Fleet Management A/S A Holistic View of the Shipping Industry The Executive MBA in Shipping and Logistics provides you with unrivalled insight into shipping economics as well as modern management theories and their application in the maritime sector. Throughout the programme, you will learn to adopt a holistic view of shipping, integrating commercial, technological and financial aspects as well as maritime law, supply chain management and leadership challenges. Upon completion of the programme, you will have developed a complete understanding of the multi-faceted challenges in the sector. Top International Level You and your fellow participants will be taken to the top international level in business administration, reflecting the needs of the shipping industry in a world where globalisation, enhanced competition, and the speed of technological change place ever increasing demands on executive management skills. The following governing themes are evident throughout the programme: market understanding, leadership, information technology, globalisation, environmental issues, and strategic planning. An Unrivalled International Network You will study alongside senior executives from a variety of functions, representing different segments of the shipping industry based all over the world. We always aim to create diversity in the class, allowing you to build a valuable industry network which you can lean on and leverage off for the rest of your career. Teaching takes place in modular building blocks and is hosted in state-of-the-art facilities in Denmark, Singapore and the UK. The programme is designed to fit around a busy executive s schedule, and is supported by a virtual learning platform.

6 6 CBS EXECUTIVE MBA IN SHIPPING & LOGISTICS Programme Overview The Executive MBA in Shipping and Logistics is tailor-made for the shipping executive, allowing you to work from anywhere in the world in between meeting up for eight intensive one-week sessions. Programme Overview The programme consists of eight one-week modules, all dealing with leadership issues and personal development, plus an Integrating Strategy Project (ISP). Each module presents theories, gives a thorough introduction to the reading material and motivates you for your independent studies. You will study the material in between sessions and write an assignment for each module, which will be focused on a problem related to your own business. For the ISP, topics should be chosen for their strategic purpose and integrating nature, ensuring that your organisation gains a valuable and practical analysis and directly benefits from your studies. Pre-MBA (optional) Module 00 Accounting and International Economics Sep 2015 Copenhagen, Denmark Shipping as a Business and a Market Module 01 Shipping as a Business and a Market + Leadership Sep 2015 Copenhagen, Denmark Understanding the Global Environment Module 02 Supply Chain Management New Logistical Challenges 30 Nov 04 Dec 2015 Copenhagen, Denmark Module 03 International Economics and Market Analysis + Leadership Feb 2016 Copenhagen, Denmark Focus on Maritime Issues Module 04 (1) Ship Design (2) The Maritime Legal Framework Apr 2016 Singapore Module 05 Operational Management and Information Technology + Leadership Jun 2016 Copenhagen, Denmark Core Management Issues Module 06 Investment Analysis, Risk Management and Finance Sep 2016 London, UK Module 07 (1) International Marketing (2) Organisation + Leadership Nov 2016 Copenhagen, Denmark Module 08 Managing Strategy and Change Introduction to ISP Process Jan 2017 Copenhagen, Denmark Integrating Strategy Project (ISP/Thesis) Presentation of Industry Analysis Mar 2017 Copenhagen, Denmark Presentation of Company and Issue Analysis May 2017 Copenhagen, Denmark Presentation of the ISP with Implementation Plan (oral defence) Aug 2017 Copenhagen, Denmark Graduation 12 Aug 2017 Copenhagen, Denmark

7 CBS EXECUTIVE MBA IN SHIPPING & LOGISTICS 7 Programme Structure The Executive MBA in Shipping and Logistics is structured so that each module builds on the other, allowing you to build up a complete picture of the maritime industry and add advanced, applicable business tools to your skillset. The Blue MBA has a buzz which I really enjoy. It is a great programme for bright young managers who have made shipping their business and want the professional tools to succeed. Teaching mid-career students with the knowledge and experience to participate is an exciting challenge and the oneweek module system provides the ideal framework. Martin Stopford Managing Director, Clarkson Research Studies Understanding the Industry Module 1 provides you with a basic understanding of the shipping industry, focusing on the role of shipping in the global economy and giving you an introduction to shipping economics. Understanding the Global Environment Modules 2 and 3 will give you a background for understanding how the world economy is working, covering the drivers for globalisation, trade patterns, supply chain management and the logistical implications of this development. Focus on Maritime Issues Modules 4 and 5 are devoted to industry specific issues, reflecting the holistic view of the programme and covering maritime law, ship design, and technical operational management, including the important aspect of information and communication technology development. Core Management Issues In modules 6, 7 and 8 you will focus on central topics of business management, dealing with investment analysis, finance and risk management, organisational theory and company strategy. The Integrating Strategy Project The Integrating Strategy Project (ISP) concludes the programme and consists of a three-step process, where each step ends with an oral presentation. The final presentation serves as your oral defence of the ISP thesis. In the ISP, you will demonstrate your ability to analyse a practical problem in detail, drawing upon all the knowledge gained from the programme. An introduction to each of the three steps will be given during the last module.

8 8 CBS EXECUTIVE MBA IN SHIPPING & LOGISTICS A Modular Programme, Designed for the Experienced Executive Each module has been carefully designed and planned to offer you the insight needed to succeed and advance in the shipping industry. The Blue MBA can be a career changing experience; it transformed my career, leading me from the technical to the financial side of the shipping industry. Fredrik Mordal Hessen Vice President Shipping, Offshore & Logistics division, DNB Bank ASA Pre-MBA: Accounting and International Economics Module 0: This is an optional refresher course, in which you can reacquaint yourself with subjects such as accounting and international economics. Shipping as a Business and a Market Module 1: Shipping as a Business and a Market Acting as an essential platform, the module will give you a brief introduction to topics of great importance in the programme such as innovation, supply chain management, strategy, finance, and risk management. It provides you with an introduction to shipping economics and combines a historical introduction to shipping with discussions of current issues shaping the future of the maritime industry. It will also give you an overview of the various shipping segments, including shipbuilding and other essential areas of maritime activity such as insurance, broking, classification, financing etc. Understanding the Global Environment Module 2: Supply Chain Management This module encompasses the main principles of logistics and supply chain management and the potential implications for international operations. It addresses the importance of increased customer demands, both in relation to supply chain management and environmental considerations. Through case studies, you will gain an understanding of the importance of managing the end-to-end supply chain. Module 3: International Economics and Market Analysis This module is composed of two main parts. The first part introduces formal economic models simulating the behaviour of shipping markets, centered on basic microeconomic theory. It focuses on the tanker and dry bulk markets, with special emphasis on the practical use of partial equilibrium models. Shortterm forecasting models will also be discussed, including the

9 CBS EXECUTIVE MBA IN SHIPPING & LOGISTICS 9 The Blue MBA has been one of the most significant experiences of my career so far. At CBS everyone, from the highly qualified and international participants to the distinguished and experienced business lecturers, shared the same passion I have for the maritime business. Giulio Tirelli Director Portfolio and Applications, Wärtsilä pros and cons of various types of market modelling methods and techniques, as well as system dynamics. For shipping segments with imperfect competition and economies of scale, the module looks at the potential use of game theory in understanding market and competitor behaviour. The second part introduces theories of international trade and macroeconomic issues such as business cycles and currency markets. A main focus will be on understanding the globalisation process. Focus on Maritime Issues Module 4: Ship Design and the Maritime Legal Framework This module is divided in two parts. The first part seeks to present the role of ship design as a response to perceived or estimated market needs. New ship designs are usually based on inquiries from customers with specific transport requirements. But new solutions can also evolve from lessons learnt from previous designs or from changes in regional and international rules and regulations. The selection of the right ship for the intended service, the construction cost, and transport economics are vital factors when competing in a global market. Competitiveness and commercial success depend on the optimum balance between investment and operational costs. The ability to implement and benefit from technical and operational innovations can be the ultimate success factor. The second part of this module gives you an introduction to maritime law with particular emphasis on issues relevant for a shipping manager such as charter parties, claims handling, liabilities,

10 10 CBS EXECUTIVE MBA IN SHIPPING & LOGISTICS My experience in the Danish Foreign Service, and in government trade roles, has convinced me that businesses must avoid being insular and inward-looking, and should constantly explore co-operation and learning across industries and disciplines. Participants in the Blue MBA have an ideal platform to absorb the best of international strategic theory and of practical approaches to the difficult markets in which we all operate. It is a testament to the quality of the Blue MBA programme that it also attracts some of the most talented women in the industry, at a time when many of them are assuming, or are on the rungs towards, top leadership positions. Anne H. Steffensen Director General, Danish Shipowners Association limitation, salvage, etc. It provides you with sufficient insight into legal issues to be able to carry out fruitful discussions with maritime lawyers. The module examines the regulatory regime in shipping, and international political lobbying mechanisms, including a focus on various aspects of EU law. Module 5: Operations Management and Information Technology This module focuses on operations management and IT in the maritime, transportation and logistics industries. The first part of the module is an introduction to how operations management and IT can contribute to the business mission and to the competitiveness of a company. Formulation and implementation of operations and IT strategies with stretch targets, but with sufficient level of detail and realism to accomplish operational benefits and performance improvements, are important issues. The second part of the module will develop your skills to prioritise and lead specific projects targeted at improving the business processes of operations in your own, or any given, organisation. Focus is on training in fundamental principles of the efficiency methodologies known as leansix sigma, and other methods, tools and techniques through exercises and games. You will discover how to work with business process simplification, standardisation and maintenance with the aim of reducing waste and adding value for main stakeholders often measurable as tangible improvements in costs, inventory, quality, delivery time and dependability of these business processes. The third part of the module explains how IT and integrated applications enable competitiveness through business process automation, real-time decision making, and business and market intelligence. The scope of this module includes the role of the Internet in creating new business opportunities and relationships with business suppliers and clients. Overall, the teaching format relies heavily on the integration of real issues raised by participants and by companies. Core Management Issues Module 6: Investment Analysis, Risk Management and Finance In this module, you will learn the basic theory and practical applications of methods of investment analysis (capital budgeting), and some basic principles of financial accounting and performance measurements. The module introduces you to theories and methods of risk management with clear guidance on how to apply the methods in practice. It examines empirical material related to the functions of financial markets and the financing of a firm. Case studies cover financing of ships and shipping companies. Module 7: Organisation and International Marketing This module is divided in two parts. In the first, you will focus on knowledge creation, storage and utilisation processes in organisations, specialisation in organisational structures, and how structures can be coordinated by formal and informal coordination mechanisms. You will also explore the organisation of networks that allow access to

11 CBS EXECUTIVE MBA IN SHIPPING & LOGISTICS 11 The business of shipping has evolved dramatically the last decades. It has always been a globalised industry but the complexity has increased and requires still more insight. The Blue MBA is a unique opportunity for people with practical maritime experience to gather and acquire the knowledge and skills that will make them able to navigate the complex future of international shipping. Carsten Mortensen President and Chief Executive Officer of Dampskibsselskabet NORDEN A/S The Blue MBA at the Copenhagen Business School is outstanding a leading offering when it comes to graduate executive education in the area of shipping. The approach is global, and the participants come from all over the world. The programme is flexible in its approach, and the class lecturers are world-renowned! Peter Lorange President Lorange Institute of Business, Zurich Past President, IMD members distributed over large geographic distances, how such networks emerge and how they can be developed and sustained. A central issue is how an organisation can facilitate learning and distribution of knowledge. In the second part of the module, you will focus on international marketing, with an emphasis on marketing strategies for service providers. Module 8: Managing Strategy and Change This final module introduces you to theories of company strategy. You will discuss the strategy process, the main characteristics of global strategies, implementation of strategies, networks, strategic alliances and intellectual capital. The main topic of discussion is the implications for strategy of the increasing globalisation of markets. The module is a primer on theories of strategy with examples from globally oriented firms, serving as an introduction to the Integrating Strategy Project, with sessions on how to conduct constructive industry, company and issue analyses. Personal Leadership and Development The leadership modules are an integrative part of the programme. The modules will enable you to build on your existing leadership skills and practical experiences, broaden your knowledge of how leadership shapes organisational outcomes, and develop your personal leadership presence. A common theme running through all modules is the development of authentic leadership. We will differentiate between good management and good leadership, giving each its place and time. With the help of a number of cases and leadership theories, we will consider how knowledge of group dynamics can be applied to leading high performance teams, and review how effective leaders coach their people, manage conflict, navigate through moral dilemmas, deal with intercultural issues, and lead change. In addition to the cases, theories and discussions, participants will be able to learn from each other by means of simulation exercises. The Integrating Strategy Project This project represents the final step before graduation, where you will integrate the various topics you have studied throughout the programme and apply them to a current issue or challenge in your own organisation. Analysing your chosen project in great detail you will utilise your newfound MBA skills in a practical manner, providing immediate benefit for your own company. This hands-on approach will help you understand the manner of interaction of various elements of management and how best to combine the different theoretical areas. To help you focus and to provide valuable feedback in the process of writing the project report, presentations are scheduled during which feedback is given by a panel of academic and business experts. These presentations cover the four constituent parts of the ISP: Industry analysis Company analysis Issue analysis Implementation plan

12 12 CBS EXECUTIVE MBA IN SHIPPING & LOGISTICS A holistic view of shipping, integrating commercial and technological aspects as well as maritime law, supply chain management, and leadership challenges.

13 CBS EXECUTIVE MBA IN SHIPPING & LOGISTICS 13 Faculty and Teaching The Executive MBA in Shipping and Logistics brings together renowned lecturers and practitioners throughout the world for a unique learning experience. The Blue MBA provides great insight into essential aspects of the shipping and logistics industry; it gives an insightful overview of the industry and delves deeply into fundamentals like the key drivers, opportunities and risks for the various players in the industry. With world-class teaching staff and senior participants from many parts of the industry, it is a dynamic learning experience coupling theory and practice in interaction. Bo Cerup-Simonsen Vice President, Maersk Maritime Technology, A.P. Moller Maersk International Faculty and Experts In addition to presentations and discussions led by the internationally recognised faculty from CBS, lectures are delivered by a group of world-renowned experts from different specialties and geographical areas of the maritime industry. Both the CBS resident faculty and the external faculty are among those experts who are in constant demand as advisers and consultants to maritime institutions, companies and governments. Beyond their excellent teaching skills and methods, they will help you build an international network of contacts. Below is a snapshot of some of the faculty and teachers: Amir Alizadeh, Director/Professor, MSc Energy, Trade and Finance, Cass Business School, UK Martin Christopher Emeritus Professor of Marketing and Logistics Cranfield School of Management Cranfield University, UK Kai Levander Professor, Naval Architecture, SeaKey Naval Architecture, Norway Filippo Lorenzon Senior Lecturer in Maritime and Commercial Law Director, Institute of Maritime Law University of Southampton Consultant, Campbell Johnston Clark LLP, London, UK Volker Mahnke Professor, Department of International Economics and Management CBS, Denmark Stefan Meisiek Associate Professor, Department of Management, Politics and Philosophy, CBS Bent Petersen Professor and Associate Dean for the Blue MBA Department of Strategic Management and Globalisation, CBS Martin Stopford Managing Director, Clarkson Research, UK Adjunct Professor, Executive MBA in Shipping and Logistics, CBS, Denmark

14 14 CBS EXECUTIVE MBA IN SHIPPING & LOGISTICS A Global Industry A Global Network You will study alongside shipping executives from a variety of job functions and locations, building an unrivalled network which you can leverage off for the rest of your career. Attending the Blue MBA was one of the best career moves for me. The whole exercise of this course with the diversity it provided in the form of the student body, world-class lecturers, coaches, industry experts from all over the world and the vast professional network were the best gains from this programme. Albert Vygovskiy Managing Director, North-Western Shipping Company, UCL Holding, Russia Top Management Education for Maritime Professionals The Executive MBA Programme in Shipping and Logistics aims at fulfilling the needs of the entire maritime sector in terms of relevant top management education based on maritime related practice. The programme is ideal for managers within the shipping community, but equally relevant for those who deal with shipping either as customer or supplier. Your fellow participants will come from all over the world and represent shipowners, ship operators, logistics providers, financial institutions, insurance companies, shipbuilding and ship repair enterprises, brokers, maritime law firms, transport consultants, classification societies, maritime administrations, ports, and ship equipment producers. A Global Network From the very first day of the programme, you will be on a shared journey with your fellow participants and build a longlasting network spanning across job functions and locations. Previous participants speak about using the network to get advice or expertise in a specific shipping area, recruit for new positions and to share ideas and best practices. Throughout the duration of the programme, your fellow classmates will expand your horizons, challenge your perspectives and add a valuable dimension to the learning experience. The benefits you will reap from being part of such a high-level executive network will continue long after you and your peers throw your hats in the air on graduation day.

15 CBS EXECUTIVE MBA IN SHIPPING & LOGISTICS 15 Admissions Requirements We practice a rolling admissions policy and encourage you to apply as soon as you have made your decision. Admission is competitive and our selection process rigorous to secure the highest calibre of participants. For a great many years now, the shipping industry has been a very tradition-bound business. However, in an intensely competitive and fast-changing global environment which has a tremendous impact on shipping, we cannot afford to be slow to embrace change or to lag behind in our reactions. Our ambitious goal is to help the industry move beyond traditional leadership development models; actively to identify, groom and recruit the next generation of shipping leaders; and to build a vibrant and creative business community. Irene Rosberg Programme Director for the CBS Executive MBA in Shipping and Logistics Admissions Requirements You will need to fulfill the following criteria in order to be admitted into the programme: A Bachelor s degree from a recognised academic institution or equivalent; Graduate Management Admission Test or similar documented qualification; Minimum of five years of work experience in a relevant field; Two personal recommendations Prior to admission, you will be interviewed and an individual assessment of your suitability for the programme is made based upon the above requirements and the result of the interview. For long distance applicants the interview may be conducted by telephone or skype. Fees and Financing About 85% of the participants in the Executive MBA Shipping and Logistics Programme are sponsored by their employers. The tuition fee for the program is DKK 280,000 (Danish Kroner) or about EUR 37,000 to be paid in four instalments of DKK 70,000 at the beginning of each semester. The fee includes all your reading material, refreshments and lunches. Please note that it does not include travel and accommodation costs. Non-EU participants pay an additional administration fee of around DKK 17,000. Application Deadlines The next class starts on 21 September 2015 and application deadline is 21 August The Admissions Board meets every second week and applications are reviewed on a continuous basis. All application forms together with relevant documents as well as requests for further information should be directed to Programme Director, Irene Rosberg on E: ir.mba@cbs.dk P: Please visit our website for further information and to request application forms.

16 Address Executive MBA in Shipping and Logistics (The Blue MBA) Copenhagen Business School Raavarebygningen Porcelaenshaven Frederiksberg Denmark Programme Director: Irene Rosberg Contact us Phone: Web: Twitter: Programme Highlights Unique, triple-accredited Executive MBA programme designed for maritime professionals Network of senior shipping executives spanning across job functions, locations and companies Modular-based programme with lectures taking place in Denmark, Singapore and the UK Projects applicable to participants own organisations provides immediate benefit to sponsoring companies