Executive Education Global Finance and Strategy for Senior Executives Barcelona/New York/ Shanghai April 15-19/June3-7/September 23-27 NEW YORK shanghai barcelona
Contents 5 6 7 8 9 10 12 14 16 18 Welcome Broaden Your View Program Structure Participant Profile Interactive Methods Iese and Nyu Stern: A Powerful Global Alliance Learning Approach Venues Leading Faculty At a Glance
Welcome Leading global organizations has become more complex in today s uncertain environment. The interaction of political, financial and strategic factors in business is more intense than ever. Specifically, decision making at a global enterprise requires a level of financial understanding and strategic thinking that goes beyond what senior executives can learn on the job. To address this, NYU Stern School of Business and IESE Business School have created a senior-level, international program to develop the business thinking that includes finance and strategy in a way needed by leaders of global organizations to create sustainable success across borders. Global Finance and Strategy for Senior Executives centers on modules held in three diverse global locations: Barcelona (at IESE Business School), New York City (at NYU Stern School of Business) and Shanghai. This multi-modular format gives C-suite and senior executive participants an unparalleled global learning experience, as well as the opportunity to network with peers from around the globe. Essential areas covered during the program include global finance, strategic thinking, strategy execution, globalization and financial markets, and strategic leadership. Participants will leave the program with the latest knowledge and skills in finance and strategy, and on how they can help make their firms more successful. We invite you to explore the program details in this brochure and learn more about Global Finance and Strategy for Senior Executives. We hope you will join this unique program. Best regards, Jordi Canals Dean, IESE Business School Peter Henry Dean, NYU Stern School of Business Global Finance and Strategy for Senior Executives 5
BROADEN YOUR VIEW Senior executives today face an increasingly complex global business context. This program will equip them with the latest knowledge and skills in finance and strategy, while helping them build a global network of trusted peers. program benefits KEY BENEFITS Expand Knowledge The program is designed for high-level executives who seek to expand their knowledge of global financial markets and gain new tools and techniques for better decision making. You will have the chance to step back from daily responsibilities and broaden your understanding of global market dynamics. Immediate Application You will develop practical skills and tools that can be applied immediately to your organization. Through the application of new frameworks, you will learn new ways to measure and boost value for your organization. The program includes an Individual Business Project, which allows you to tackle a specific strategic challenge relevant to your company. Global PerspectivE With modules on three continents, the program offers a highly international global learning experience led by the faculty of two leading business schools IESE and NYU Stern. You will learn from and network with other seasoned executives representing diverse nationalities and industries. Leadership Focus The Global Finance and Strategy for Senior Executives program will sharpen your leadership skills and show you new ways to harness the potential of those around you in order to execute strategy more effectively. Acquire new, sophisticated financial and strategic skills Learn about new regulation developments in key markets Gain insights on the latest research in global finance Analyze real-world financial scenarios in Europe, North America and Asia Engage in new thinking and new behaviors to lead more effectively Develop advanced negotiation and communication skills Create an action plan to take back to your organization 6 Global Finance and Strategy for Senior Executives
Program Structure The program comprises three 1-week residential modules that take place on three continents: Europe, North America and Asia. Participants work together in small teams and individually throughout the program, while applying new knowledge directly to their organizations. The program is spread over six months and features three residential modules. The modules take place in Barcelona, New York City and Shanghai. The first module focuses on the global context, while the second module explores globalization and financial markets in depth. The program culminates in Shanghai with a truly eye-opening, immersive experience to enhance your ability to conduct business on a global stage. By exploring different industries in Shanghai, interacting with Chinese executives and engaging in faculty-led discussions, you will build a nuanced understanding of what it means to do business in China and other emerging markets. Module Workload Before the Program You will submit the strategic business challenge you plan to address in your Individual Business Project and will receive feedback on it from the Academic Directors. Before Each Module You will receive pre-reading materials prior to the start of each residential module with sufficient time so you can prepare. Each class or case study requires two hours of advance preparation time. During Modules Expect to be fully occupied with classes, study and organized social activities during the three residential weeks. Between lectures and teamwork sessions, you will spend around 8 to 10 hours a day on each campus, so try to leave work responsibilities at the office. Between Modules When not on the IESE or NYU Stern campuses, you will be preparing for the next residential week and working on your Individual Business Project. Module 1 The Global Context, Strategy and Control IESE Business School April 15-19, 2013 Module 2 Globalization and Financial Markets: New Knowledge on Products, Risks, Regulations and Trends NYU Stern School of Business June 3-7, 2013 Module 3 Financial and Strategic Leadership on a Global Stage NYU Stern School of Business/ IESE Business School September 23-27, 2013 BARCELONA NEW YORK SHANGHAI Global Finance and Strategy for Senior Executives 7
PARTICIPANT PROFILE The Global Finance and Strategy for Senior Executives Program is designed for top-tier C-suite executives and chief decision makers of companies with an international focus (CEOs, board members, owners, partners, presidents, country managers, etc.). Participants should have 10 to 15 years of general management experience and be senior executives responsible for global operations. They should be fluent in English for business purposes and willing to share their experiences, viewpoints and expertise with fellow participants. The program is ideal for executives from companies seeking to deepen their knowledge of financial strategy and coming from diverse sectors such as health care, consumer goods and telecommunications, as well as firms that are facing the challenges of increasingly complex financial regulation and global dynamics. 8 Global Finance and Strategy for Senior Executives
INTERACTIVE methods This program is designed to immerse senior business leaders in the complexity of strategic and financial issues in a fastchanging and ever more interdependent world. George Smith Academic Director NYU Stern School of Business CASE METHOD Participants learn through the case study method, which gives them the unique opportunity to view business issues from many angles. After individual preparation, you work in teams to analyze, discuss and propose solutions to hundreds of different business problems drawn from real-life scenarios. The approach opens up a forum to discover new perspectives and broaden your understanding of key issues. Most importantly, this intense and challenging method means that you will enhance your ability to make business decisions and take action by thinking, arguing and defending your interpretations and recommendations against a multitude of equally plausible solutions. Experiential Learning In-depth industry analyses and visits with executives in Asia, Europe and the United States will allow you to experience and gain an understanding of diverse global business contexts. These Leadership Forum events provide opportunities to engage with prominent industry leaders and gain practical, firsthand insights. GROUP WORK Participants will engage in various forms of group work to maximize interaction and the peer-to-peer learning experience. In addition, you will work with a selfselected group of classmates from non-competitive organizations to give and receive feedback on each other s individual business plan. Global Finance and Strategy for Senior Executives 9
IESE and NYU STERN: A POWERFUL GLOBAL ALLIANCE The program fuses the expertise of two world-renowned business schools: IESE Business School is consistently ranked among the leading international business schools, while NYU Stern School of Business is widely recognized as having one of the premier finance departments in the world. IESE Business School IESE is one of the world s most international business schools, with campuses in Europe and New York City. Founded in 1958, IESE seeks to develop business leaders with solid business skills, a global mindset and a desire to make a positive impact on society. The school launched its MBA program in 1964 under the guidance of an advisory committee set up by Harvard Business School. Consistently ranked among the world s top business schools, IESE takes a personalized approach to management education. The ethical dimensions of decision-making processes, which are indispensable for personal growth and corporate sustainability, receive special emphasis. IESE is an initiative of Opus Dei, a personal prelature of the Roman Catholic Church. As such, the school draws its values from the Christian tradition, which emphasizes the intrinsic rights and dignity of each person. 10 Global Finance and Strategy for Senior Executives
NYU Stern school of business Since its inception in 1900, New York University Stern School of Business has been in and of New York City. Founded as the School of Commerce, Finance and Accounting, the school initially offered training to students for careers in commerce in the burgeoning financial markets of New York City. Today, located in the heart of Greenwich Village, Stern is one of the nation s premier management education schools and research centers with a broad portfolio of academic programs at the graduate and undergraduate levels. With its global partnerships and engagement in NYU s global network university, today NYU Stern is not only in and of the city, but also in and of the world. Global Finance and Strategy for Senior Executives 11
LEARNING APPROACH During the program, you will gain insights into distinct, yet interconnected markets in Europe, North America and Asia. The Individual Business Project allows you to tailor the learning experience to your leadership role and the unique situation of your company. Relevant and Applicable The Global Finance and Strategy for Senior Executives Program offers an intensive learning context that equips participants with new skills and techniques for making better financial decisions and identifying opportunities that create value. 12 Global Finance and Strategy for Senior Executives
01 Action-oriented Learning 02 Dynamic Interaction 03 Immediate Application 04 Lifelong Benefits As a participant in the Global Finance and Strategy for Senior Executives Program, you will engage in a wide range of learning approaches, such as case-based learning, peer-to-peer interaction, small group discussions, immersion experiences, scenario planning and role-plays. This interactive methodology provides a highly practical way to apply new knowledge and master new tools and techniques. In addition to small and large group discussions, team projects and study groups, you will engage in dynamic rigorous exercises to practice new finance and strategy skills. Participants will also have the opportunity to visit companies and meet with local officials, business people and journalists in key global locations You will apply the learning to your company over the short and long term. In between modules, you will employ the strategic and financial acumen you have gained. The Individual Business Project allows you to zero in on a specific business challenge you are facing and devise a tailored approach. You will leave the program with a plan to address the problems you face on an individual and organizational level. Upon successful completion of the program, you will receive a certificate issued jointly by IESE Business School and NYU Stern School of Business. You will also benefit from a lifelong network of professional colleagues gained through this intensive and collaborative learning experience. In addition, you will have the invaluable opportunity to remain in contact with faculty members from IESE and NYU Stern. Global Finance and Strategy for Senior Executives 13
venues The program centers on sessions held in Barcelona, New York City and Shanghai three dynamic international locations. Through this unique format, participants gain first-hand knowledge of business from European, American and Asian perspectives. BARCELONA Barcelona, Spain s second-largest city, is the capital of the region of Catalonia. The city is an important economic hub and has a rich cultural heritage. Over the course of the program, social activities will be organized to give participants the chance to take in some of Barcelona s most noteworthy attractions. NEW YORK CITY New York City is the center of banking, finance, media and communications as well as the most populous city in the United States. 45 FORTUNE 500 companies are headquartered here. In addition to its influence as a central hub for global business, New York City also offers an unparalleled diversity of arts, entertainment and cuisine. 14 Global Finance and Strategy for Senior Executives
shanghai Shanghai is China s largest commercial and financial center and is considered by many to be the gateway to China. Shanghai is the largest and most developed city in China. Famous for its riverside scenery, major commercial center and shopping, Shanghai is a fascinating mix of East and West. Global Finance and Strategy for Senior Executives 15
LEADING FACULTY The IESE and NYU Stern faculty members who lead the program are experts in their respective fields. They reflect a wide range of nationalities and are noted for their outstanding teaching and research. ACADEMIC DIRECTORS CORE FACULTY Paddy Miller Professor of Managing People in Organizations, IESE Business School PhD in Management, IESE Business School George David Smith Clinical Professor of Economics and International Business, NYU Stern School of Business PhD in History, Harvard University Viral V. Acharya Starr Professor of Economics, Finance Department, NYU Stern School of Business PhD in Finance, New York University Stern School of Business Edward I. Altman Professor of Finance, NYU Stern School of Business PhD in Finance, University of California José Manuel Campa Professor of Financial Management, IESE Business School PhD in Economics, Harvard University Antonio Dávila Professor of Entrepreneurship and Accounting and Control, IESE Business School PhD in Business Administration, Harvard University Menachem Brenner Research Professor of Finance, NYU Stern School of Business PhD in Business Administration, Finance and Economics, Cornell University Núria Mas Associate Professor of Economics, IESE Business School PhD in Economics, Harvard University 16 Global Finance and Strategy for Senior Executives
Detailed information about our faculty can be found at: www.iese.edu execed.stern.nyu.edu Mike Rosenberg Assistant Professor of Strategic Management, IESE Business School Doctor of Philosophy (Management), Cranfield University Josep Valor Professor of Information Systems, IESE Business School PhD in Medical Engineering, Harvard-MIT Division of Health Sciences Eric Weber Professor of Accounting and Control, IESE Business School Doctor of Philosophy (Management), Northwestern University Jan Simon Assistant Professor of Financial Management, IESE Business School PhD in Finance, University of Essex Pedro Videla Professor of Economics, IESE Business School PhD in Economics, University of Chicago David L. Yermack Professor of Finance and Business Transformation, NYU Stern School of Business PhD in Business Economics, Harvard University Marti G. Subrahmanyam Professor of Finance, Economics and International Business, NYU Stern School of Business PhD in Finance and Economics, Massachusetts Institute of Technology Ingo Walter Professor of Finance, Corporate Governance and Ethics, NYU Stern School of Business PhD in Economics, New York University Global Finance and Strategy for Senior Executives 17
At a Glance The Global Finance and Strategy for Senior Executives program helps senior business leaders further acquire the finance and strategy knowledge they need to create sustainable success across borders. Highlights Program fee Admission Process Follow US Led by two renowned business schools with expertise in global financial markets: IESE Business School and NYU Stern School of Business Designed for senior business leaders so they can exchange ideas with peers from distinct backgrounds and sectors Immediately applicable know-how to help leaders improve personal and organizational performance An opportunity to carry out an Individual Business Project and develop an action plan with input from top-level faculty and peers Participant Profile Top-tier executives and chief decision makers of companies with an international focus (CEOs, board members, owners, partners, presidents, country managers, etc.) Senior executives responsible for global operations 10 to 15 years of general management experience Fluent in English The program fee of USD $33,500 includes tuition, all reading and classroom materials and most meals. It does not include travel expenses or accommodations. Program Overview Module 1 The Global Context, Strategy and Control April 15-19, 2013 Barcelona Module 2 Globalization and Financial Markets: New Knowledge on Products, Risks, Regulations and Trends June 3-7, 2013 New York City Module 3 Financial and Strategic Leadership on a Global Stage September 23-27, 2013 Shanghai To apply, please complete the application form available on line at: www.iese.edu/globalfinance The Admissions Committee, comprised of representatives from IESE and NYU Stern, will review all applications. An academic or program director will also interview candidates. Due to class restraints and the need for a balanced mixture of backgrounds, it is possible that even highly qualified applicants may not be admitted to the program. Early application is encouraged. CONTACTS Kip Meyer Program Director IESE Business School kmeyer@iese.edu Tel.: +1-646-346-8829 Patricia Marange Program Director NYU Stern School of Business pmarange@stern.nyu.edu Tel.: +1-212-998-0278 www.iese.edu execed.stern.nyu.edu IESE Executive Education NYU Stern Executive Education Ieseexeced NYUSternExecEd IESE Business School Group NYU Stern Executive Education We have more info for you. Just scan our QR CODE! 18 Global Finance and Strategy for Senior Executives
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The insights gained from NYU Stern will be long-term assets in my current role and for creating new opportunities within my company. Felipe Botero Vice President MetLife 165 W. 57th Street New York, NY 10019-2201 USA Tel.: +1 646 346 8850 Av. Pearson, 21 08034 Barcelona, Spain Camino del Cerro del Águila, 3 (Ctra. de Castilla, km 5,180) 28023 Madrid, Spain 44 West 4th Street Suite 4-100 New York, NY 10012 Tel.: +1 212 998 0789 www.execed.stern.nyu.edu