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Practical Information ADMISSION CRITERIA A bachelor's degree or equivalent. (Transcripts in a language other than English, should be accompanied by a certified English translation) 2 letters of recommendation documenting the participants skills and motivation to attend the programme Significant work experience Fluency in English An interview by the Admission Committee Applicants must satisfy the admission requirements of both universities QUICK FACTS: Part-time Executive MBA in Shipping, Offshore and Finance Length of Programme: 18 months Start date: March 2011 Application deadline: rolling admission 6 two-weeks segments General management courses Consultancy project Tuition fee: 45000 Application fee: 100 Campuses: BI Executive School in Oslo and Nanyang Business School in Singapore ADVISORY BOARD The Advisory Board of the Executive MBA Programme in Shipping, Offshore and Finance consists of experienced represen - tatives from the shipping and offshore industry. By working closely with the top executives in developing the programme, BI and NTU have been able to assure that theory and research provide an anchor for real challenges and needs of businesses. The programme gives the participants a practical approach to strategy, leadership and financial issues, by combining theory and research with practical cases, company visits and senior executive guest speakers from the industries. Further information on the advisory board is available at www.bi.no/emba/shipping

Nanyang Executive Education Nanyang Business School, NTU Phone: + 65 67904042, Fax:+ 65 6794 7518 execmba@ntu.edu.sg www.execed.ntu.edu.sg/emba BI Norwegian School of Management Executive Masters Phone: +47 46 41 00 05, Fax: 47 46 41 00 89 embashipping@bi.no www.bi.no/emba/shipping BI NORWEGIAN SCHOOL OF MANAGEMENT, NORWAY BI Norwegian School of Management is among Europe s leading business schools. It has one of Europe s largest faculty in the areas of economics, management and marketing. BI provides research-based knowledge and highly competent graduates who contribute to better practices in private and public enterprises. The school received EQUIS accredition in 1999, and reaccredition in 2005. NANYANG TECHNOLOGICAL UNIVERSITY NTU, SINGAPORE Nanyang Technological University (NTU) is a research-intensive university with globally acknowledged strengths in science and engineering. NTU provides a high-quality global education to more than 20 000 undergraduates and 8 700 graduate students. It has 2 500 teaching and research staff and students from more than 40 countries. Nanyang Business School is the third business school in Asia to be awarded both the AACSB and the EQUIS accreditations. Its flagship MBA Program is ranked #1 in Singapore and #27 worldwide, according to the Financial Times Global MBA rankings 2010. EFMD www.bi.no/emba/shipping www.execed.ntu.edu.sg

EXECUTIVE MBA Shipping, Offshore and Finance 2011/12 A joint programme between BI Norwegian School of Management and NTU-Nanyang Business School

Executive MBA Shipping, Offshore and Finance The Executive MBA Programme in Shipping, Offshore and Finance - offered jointly by BI Norwegian School of Management in Oslo and Nanyang Technological University in Singapore - is unique in that it combines the latest research and theory with a good practical exposure to cutting-edge real-life challenges. The programme is for advanced practitioners within the shipping and offshore industry and for senior managers who want to understand the dynamics of this business. The programme has a global focus. It is structured in such a way that it should be taken as part of one's job with equal amount of time spent in Oslo and in Singapore - 2 weeks of 3 modules in each location". Rolf A.Wikborg Advisory Board EMBA Shipping, Offshore and Finance Programme Focus and Target Groups PROGRAMME FOCUS The Executive MBA in Shipping, Offshore and Finance has been developed jointly by BI Norwegian School of Management, Norway and NTU Nanyang Business School, Singapore, in close collaboration with the industry. The programme aims at developing global leadership skills for executives working in the shipping and offshore sector and providing an understanding on how executives within the industry manage their organizations. Exploiting business opportunities with a focus on the financial and capital elements will play an important part in the programme. Leadership issues like cultural intelligence, crisis management and the management of human capital will be also addressed. The programme will cover the value chain in shipping, offshore, financial strategies, risk management, innovation processes and strategies for the shipping and offshore companies. It will apply the most updated research and theory when analyzing the strategies of shipping and offshore companies and provide up-to-date insight into the different aspects of the shipping and offshore industry in combination with hands-on practice. TARGET GROUPS Participants in the programme should preferably be working within the shipping and maritime industry or related industries. In order to ensure an international profile, we are looking for key performers with diverse cultural and business backgrounds. Hence, the programme is suitable for: Ship and offshore owners, the management group and their boards of directors Senior staff in the cargo owning companies Senior financial officers Senior managers who do business with the shipping and offshore businesses - suppliers, customers, shipyards, lawyers, investors, advisors or consultants Senior executives from companies within the shipping and offshore cluster Members of the Boards of Directors of companies within the maritime cluster Senior executives of ship financing, ship investment and private equity companies CONSULTANCY PROJECT The Consultancy Project is an integral part of the programme undertaken in groups of 3-5 members. It allows participants to apply the knowledge and skills acquired during the programme to a real-life business situation. The topic of the project has to be provided by the company of one of the group members and be approved by the faculty member responsible for the programme at either BI or NTU. The Consultancy Project might be confidential. The project is super vised by a company representative who ensures that the project proceeds according to the company s objectives and guidelines. A faculty advisor will be appointed to each group. The formal evaluation of the Consultancy Project is undertaken by one of the two participating schools.

FACULTY Professor WEE Chow Hou, Nanyang Business School, NTU. Professor C H Wee is currently Professor and Head of the Marketing & International Business Division at the Nanyang Business School. He has over 220 publications in various international, regional and local journals and conference proceedings, and is the senior author of several best-selling books. He has consulted/conducted executive training to over 180 major corporations in over 30 countries/economies, including Fortune 500 companies and prominent companies like Dell, Motorola, Nokia, Hamilton-Sundstrand, Givaudan, etc. He is regularly invited to address major business and professional conferences around the world. Professor Nilanjan Sen Associate Dean of Executive Education at Nanyang Business School NTU Professor Sen received his PhD from Virginia Tech and was a faculty member at Arizona State University prior to joining NTU, Singapore. He has published extensively in academic as well as practitioner journals and currently teaches corporate and international finance. He has presented in several international conferences and presently works in the area of corporate governance and impact of legal regimes. Dr Sen has conducted training programmes for several banks and government agencies, was the chief examiner for Certified Investment and Security Analyst Institute (CISA), Thailand, and has worked with several US-based preparatory programmes for CFA examinations. Professor Torger Reve Professor Torger Reve currently holds the Wilh Wilhelmsen Chair in Strategy and Industrial Competitiveness at BI Norwegian School of Management, where he also heads the Center for Maritime Competitiveness. Torger Reve has been President at BI Norwegian School of Management, 1997-2005. Torger Reve has a Ph.D in marketing from Kellogg Graduate School of Management, Northwestern University, Evanston, USA, 1980. He has published 12 books covering such topics as industrial competitiveness, boards of directors, business strategy, strategic alliances, organization theory, project and international management. He has analyzed industries such as oil and gas, shipping, banking, telecommunication and retailing, and he has been a strategy consultant to top management in many corporations. TESTIMONIALS Name: Ngan Bosco Nationality: Chinese Class: 2009-2010 Current Job: Chairman Company: GMT Shipping «Even after 45 years in the industry, I felt the need to familiarise myself with the latest in research & relevance in the maritime industry. With this programme, I have the best from two leading maritime nations, namely Singapore and Norway. Sharing our experiences with senior leaders from all over the world, facilitated by an inspiring faculty has been a great experiential learning for me». Name: Svetlana Androsova Nationality: Russian Class: 2009-2010 Current Job: Commercial Manager Shipping Company: Sakhalin Energy Investment Company Limited, Yuzhno-Sakhalinsk, Russia - operator of " Sakhalin-2" oil and gas development project (shareholders Gazprom, Shell, Mitsui, Mitsubishi). «I was looking for an MBA programme, which could help me to combine my intensive work schedule and in-depth study. I felt very happy when I eventually found an Executive MBA in Shipping, Offshore and Finance at BI, which perfectly met my needs programme wise. My future career plan is to continue to work within shipping, most likely in an energy company. This programme is therefore an ideal opportunity to get further knowledge to obtain my objectives of a future career within shipping». Name: Lakhbir Singh Nationality: Malaysian Class: 2009-2010 Current Job: Director/Country Manager Company: Jardine Shipping Services «The course outline and contents are current, practical and most valuable for any shipping executive. Its great when we are able to analyse and understand the business theories using day-to-day practical information and experiences. A definite must for busy senior shipping executives!»

Programme Structure 2011/2012 Segment Focus/Courses Location Consultancy Project 18th - 20th March 2011 Introduction days 21st March - 2nd April 2011 Industry insights: Ownership issues and economics of shipping and offshore industry BI Identifcation Shipping markets and shipping industry strategies Shipping and offshore business models Shipping and offshore dynamics 19th June - 3rd July 2011 Core management and functional strength Nanyang Identification Managing human capital Corporate finance Crisis management 5th - 17th September 2011 Industry insights: Accounting, financial and cooperative strategies BI Definition Ship and offshore accounting, tax, and the annual report Corporate valuation and financing Mergers and acquisitions Risk management and real options Consultancy project 12th - 26th November 2011 Core management and functional strength Nanyang Development International finance Sun Zi Bing Fa Corporate governance Business study analysis 12th - 24th March 2012 Leadership Nanyang Development Cultural intelligence Strategic communication Dynamics of family business Business study trip 18th - 30th June 2012 Industry insights: Business development BI Development Maritime and offshore clusters and global knowledge hubs Strategies for facing the climate challenge Accelerated Business Models business development The business ethics imperative 19th - 21st September 2012 Consultancy project presentations and Graduation ( 3days) BI Completion * Consultancy Project runs throughout the programme. The programme may be subject to minor changes.