Preparing Faculty to Lead B-School Globalization

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Preparing Faculty to Lead B-School Globalization Waseda Case in Japan Waseda University Graduate School of Commerce APRU Business School Deans Meeting Marshall School of Business University of Southern California May 23, 2008

Strategic Initiatives to Globalize Waseda B-School The only one full-fledged, large sized Business School in Japan that offers a complete curriculum in English as well. About 50% of Full-time MBA as well as MA students (annual intake of totally 100 to 110) are from overseas, primarily from a number of Asian countries. Double Degree Program jointly developed with Nanyang Technological University (NTU) A part of Global School House Project of EDB Singapore Executive Training Programme-Japan (ETP-J) One-year Executive Development Program in collaboration with European Union (EU) & 3 European Universities Consortium (Sciences Po, Bocconi, & London University). 2

Waseda-NTU Double MBA Programs One-year full-time program with concentration on Management of Technology (MOT) Started in July 2006 Number of students : 14 (1 st intake) and 21 (2 nd intake) and to be increased up to 50 over 5 years 21 courses offered in Singapore and 2-week Business Study Mission (BSM) in Japan 8 core MBA courses, taught mainly by NTU faculties 13 specialized MOT courses and 3-week BSM organized by Waseda faculties http://www.waseda.ntu.edu.sg/ 3

Double Degree Program Initiatives at WASEDA Peking University (September 2002 : Joint Doctoral, September 2005 : Double-degree) Fudan University (September 2005 : Double- degree) Nanyang Technological University, Singapore (July 2006 : Double MBA) National Taiwan University (April 2007 : Double-degree, April 2008 : Joint Master) National University of Singapore (August 2007 : Double-degree) Columbia University (April 2008 : Joint Master) 4

Double Degree Programs-The Latest Program Peking University Waseda University Joint Graduate School of Sustainability Studies (From April 2009 : Double-Doctoral, Master degree) 5

Executive Training Programme-Japan (ETP-J) Established Executive by the Training 4 university Programme consortium Japan of: (ETP-J) Institut d'etudes Politiques de Paris (Sciences Po) (Paris, France)Fr School of Oriental and African Studies (SOAS), London University (London, U.K.) Bocconi University (Milan, Italy) Waseda University Targeting European business professional and promoting the expansion of European businesses into the Japanese market. Combination of business courses specializing in Japan and the Japanese language study 1 year program Started in November, 2006 http://www.waseda.jp/intl-ac/etpj.html 6

ETP-Japan: Programme Structure Japanese language 40 classes 3 courses Visitor sessions in Japanese Home stay Study tour Business & management 14 classes 10 courses Core/Compulsory: 5 courses Elective: 5-10 courses Forum in English Business visitation Japanese private lessons Internship Preparation for sales Presentation and business plan Japanese language achievement test Sales presentation in Japanese Thesis: strategic business plan in English Training Business samurai Copyright 2006 Waseda University all rights reserved http://www.waseda.jp/intl-ac/etpj.html 7

ETP-Japan: Business & Management Lectures: 5 core course subjects 1) Japanese style of management 2) Japanese business cultures 3) Marketing in Japan 4) Japanese economy 5) Japanese government policy and regulations Lectures: 10 elective course subjects 1) Organizational structure and communications in Japanese companies 2) Consumer behavior in Japan 3) Advertising strategy of Japanese companies 4) Production systems of Japanese companies 5) Human resource management and personnel policy in Japan 6) Distribution systems in Japan 7) Financial system in Japan 8) Financial accounting systems in Japan 9) Corporate laws and contractual practices in Japan 10) Foreign firms Japanese market entry strategies Forums: inviting business leaders from primarily Waseda alumni Copyright 2006 Waseda University all rights reserved http://www.waseda.jp/intl-ac/etpj.html 8

Overseas Bases of Waseda University Europe Center(Bonn, Germany) Oregon Office (Portland, U.S.A.) Peking Office (China) New York Office (U.S.A.) just opened Seoul Office (Korea) Paris Office, Sciences Po (France) Shanghai Office (China) Taipei Office (Taiwan) coming very soon Waseda Education (Thailand) Singapore Office (Singapore) NTU-Waseda Double MBA Programme (Singapore) Waseda-Olympus Bioscience Research Institute (Singapore) Waseda Shibuya Senior High School (Singapore) 9

Developing Global Networks with Top B-schools A Short List of Exchange Partners Graduate School of Business, University of Chicago (USA) John E. Anderson Graduate School of Management, UCLA (USA) Marshall School of Business, University of Southern California (USA) School of Business Administration, University of Washington (USA) Graduate School of International Economics and Finance, Brandeis (USA) School of Economics and Management, Tsinghua University (China) School of Management, Fudan University (China) CEIBS; China Europe International Business School (China) College of Management, National Taiwan University (Taiwan) Nanyang Business School, Nanyang Technological University (Singapore) Korea University Business School (Korea) Graduate School of Business Administration, Yonsei University (Korea) Faculty of Business and Economics, Monash University (Australia) WHU, Otto Beisheim Graduate School of Management (Germany) ESSEC (France) 10

Waseda University Global Network Agreements with Overseas Institutions As of April 2008 Type of Agreement Number of Agreements Number of Institutions Number of Countries University to University Agreements (as of May 1998) 318 (71) 380 (132) 74 (28) Other Exchanges Agreements/Contracts (as of May 1998) 169 (3) 170 (3) 27 (3) Total 487 (74) 543 (135) 75 (31) 11

12

Organizational Chart of Waseda Business Education Faculty of Commerce Graduate PhD Level Master Level Graduate School of Commerce (GSC) Established in 1920 and reformed in 1951; Conferring PhD, MA in Commerce & MBA PhD Program (Full-time only; max. 40 annual intake) Master Programs of GSC MA in Commerce (academic) (Full-time only; 80 annual intake) MBA (Waseda BS) (200 annual intake) Full-time Program (130) Evening Program (50) Waseda-NTU MBA/MOT Double Masters Program (20) Graduate School of Finance, Accounting and Law Established in 2004 MBA (Evening) Annual Intake: 150 Graduate School of Accountancy Established in 2005 MBA (Evening) Annual Intake: 100 Undergraduate School of Commerce Established in 1904; the oldest and most powerful institution in Faculty of Commerce Conferring BA in Commerce Annual Intake: approx. 1000, totally about 5000 students 13

Waseda University Global Network Agreements with Overseas Institutions As of April 2008 Type of Agreement Number of Agreements Number of Institutions Number of Countries University to University Agreements 318 380 74 Other Exchanges Agreements/Contracts 169 170 27 Total 487 543 75 14

Student Exchange (In-coming) As of November 2007 International Students at Waseda (Region of Origin) Region Number of Countries Number of Students Asia 22 2,204 81.0 Europe 2 212 7.8 North America 36 208 7.6 Central &South America 8 35 1.3 Oceania 5 35 1.3 Middle East &Africa 16 27 1.0 Total 89 2,721 100 % 15

Student Exchange (Out-going) Waseda Students Studying Abroad (Region of Destination) Region Number of Countries Number or Students As of October 2006 North America 2 472 49.7 Europe 22 297 31.3 Asia 8 108 11.4 Oceania 4 62 6.6 Middle East & Africa 5 5 0.5 Central & South America 3 5 0.5 Total 44 949 100 % 16

Acceptance of Exchange Students (Undergraduate Graduate Ratio) 2,721 Under grad Master 2,076 2,368 Doctor Other 1,502 1,593 1,779 1,094 1,153 1,313 1999 2000 2001 2002 2003 2004 2005 2006 2007 17

The Number of Researchers 18

Global College Project Subjects provided by Univ. A Provided e-learning subjects are collected in the server Subjects provided by Waseda Univ. Subjects provided by Univ F Joint educational program under a consortium Global College Japanese Government (MEXT) Industries Subjects provided by Univ B Subjects provided by Univ C Common Server Subjects provided by Univ D Subjects provided by Univ E <Subjects to be offered> - Global Issues (environment concern, population problem, etc.) - Business (history, culture, etc.) 19