MAASTRICHT SCHOOL OF MANAGEMENT Executive Master of Business Administration your globally networked management schools 1
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Accreditation Maastricht School of Management s MBA programs are accredited by the Association of MBAs (AMBA), the Accreditation Council for Business Schools & Programs [ACBSP], and the International Assembly of Collegiate Business Education (IACBE). The Cologne Business School ensures highest quality education: in addition to official state recognition of higher education in Germany, all Bachelor, Master and MBA courses are regularly examined by the tri-national accreditation agency FIBAA (Foundation for International Business Administration Accreditation; the accreditation agency for business programs in German speaking countries) acting on behalf of the Wissenschaftsrat (German Council of Science and Humanities) for study programs. In this way the CBS guarantees quality at university level. 3
Executive Master of Business Administration To thrive in today s entrepreneurial, knowledge-intensive economy, individuals and businesses need relevant, robust and global educational programs and wide-ranging and durable business networks. The development of management and leadership skills is an essential but never-ending quest. Your career and your company can only prosper by staying up-to-date with the latest thinking and practices in modern business. Your skills and assets can only reach their ultimate potential through networking, interacting, partnering and competing on the global stage. If you also believe as we do that investment in your own capabilities, contacts and global experience are vital for your success, you should check out the Executive MBA of the Maastricht School of Management [MsM]/Cologne Business School [CBS]. Our challenging program, based in the heart of Europe, is state-of-the-art. It prepares you to lead and manage in today s dynamic global economy where social and environmental sustainability, making the most of diversity and coping with change are imperatives. With an emphasis on flexibility, our program is designed specifically for midcareer managers, spirited freelancers and entrepreneurs who cannot attend lectures on a full-time basis. Why should you choose the MsM /CBS Executive MBA? International accreditation The Executive MBA [EMBA] is accredited by the Association of MBAs (AMBA), the Accreditation Council for Business Schools & Programs [ACBSP], and the International Assembly of Collegiate Business Education (IACBE). Modular design The design of this part-time program enables you to balance the pressures of work with study. Classes are conducted in seven 10-day modules with breaks and can be completed in 24 months. Global focus Taught in the heart of Europe by international Faculty, one module of the program is incorporated into a business-experience opportunity in Shanghai, China s greatest global business hub. Diversity and networking MsM and CBS are among the most international business schools in Europe. The EMBA attracts participants from many countries, professional backgrounds and areas of interest. Specialization in sustainability The program offers a specialization on the challenges of sustainability, including business ethics, sustainable supply chains and sustainable financial management. 4
Attracted by the combination of the experience of the oldest management school of the Netherlands and the dynamism of a reputable private business school from Germany, I soon discovered that MsM/CBS Executive MBA program has much more to offer. Three study locations, international student environment, state of art education and methodology encouraging intellectual discussion proved particularly empowering as a studying formula. Distinctive features such as a unique perspective on sustainability, bringing together people with very diverse working experience and a study schedule which does not require you to put your career on hold are yet other important advantages of the program. Most of all though, the people, the fellow students and the professors, the friends you gain along the way form the true narrative and make it a life experience. Beata B. Wlodarczak, LL.M. I joined the EMBA at MSM & CBS because I wanted to broaden my profile, I had an IT background and the EMBA helped me to be well prepared for the next career step. The modular program was the best fit for balancing a demanding job and a high profile study. The atmosphere was absolutely terrific; I was impressed by the variety of competences and by the positive attitude of all the participants. Every day was a new challenge and we learned a lot from each other. Alessandro Mantione 5
Modular Design The EMBA Program, to be completed in 24 months, includes conveniently-paced lectures and classes conducted in seven 10-day modules, minimizing the time that participants need to spend away from work. One module, offered at a partner university in Shanghai, involves a two-week session with lectures and work visits to local businesses. Other modules are taught alternately in Maastricht and Cologne. In the eighth and final module, participants will write their Master s theses. The EMBA program consists of four elements, starting with the Foundation segment which provides a solid knowledge base in each of the major management disciplines. The following Core segment offers courses with a broader focus, which are more integrated and are often multidisciplinary in nature. The Specialization segment contains a number of expert specialization courses. The program is completed with a supervised Master s Thesis as the Performance segment, based on a current business research project of your choice. Teaching Methodology Our aim is to stimulate critical thinking and transform business and management problems into profitable opportunities. With a multidisciplinary and multicultural perspective, we teach concepts and theories through problem-based learning exercises, case study analyses, discussions and independent study not just lectures and seminars. These problem-based learning exercises and case studies stimulate decision-making, acting as a vehicle for identifying and analyzing problems, for deriving solutions and finding ways to implement them. Group study emphasizes working efficiently and effectively in multicultural groups an invaluable skill for all leaders and managers. Group study enables participants to benefit from the experiences of others group members are selected at random to maximize learning opportunities in an environment designed to foster collaboration with fellow participants from different cultures and work environments. As a program taught in three different countries, the EMBA provides excellent opportunities to enhance intercultural communication skills. 6
Outstanding reputation in management education State-of-the-art curriculum Culturally diverse student body Study alternately in two countries, Germany and the Netherlands International study trip to Shanghai Possibility of acquiring international contacts in the Meuse-Rhine Euregion. Dedicated international faculty and staff 7
Our Executive MBA Graduates Surveys have shown that our EMBA graduates have improved their career prospects and developed greater confidence in management and leadership. Gaining new responsibilities with increased opportunities for advancement, they have utilized their added skills to take on new professional challenges and career changes, including entrepreneurial ventures. Dominik Prinz is excelling in his personal career development since he graduated from the MsM/CBS Executive MBA in 2009. He is an industry-recognized thought leader with 10 years experience in branding and advertising. He has deep expertise in modern brand strategy, consumer insights, and thought leadership development. Dominik is passionate about challenging the status quo of marketing. He s an excellent presenter, and public speaker, known for inspiring teams, building trust and combining right and left brain thinking. Today he works as Strategy Director for the world s largest and most reputable branding consultancy in New York, USA. Specialization in Sustainability Corporate Social Responsibility is essential for companies to maintain competitive advantage in a rapidly changing global economy. Participants will gain a thorough understanding of business ethics and how to promote environmental and social sustainability in the context of challenges such as global warming, widespread poverty and different forms of discrimination. All global firms function through global supply chains. In this program participants gain increased awareness of appropriate and sustainable supply chain management tools. 8
Curriculum Structure Course ECTS 1 ) Equivalent Location Credits Teaching hours 2 ) FOUNDATION Module I 1.1 Quantitative Methods 3 24 hours 1.2 Accounting for Managers I (Financial Accounting) 3 24 hours Maastricht 1.3 Accounting for Managers II (Management Accounting) 3 24 hours Module II 2.1 Managerial Economics 3 24 hours 2.1 Financial Management 3 24 hours Cologne Total Foundation 15 120 hours CORE Module III 3.1 Business in the Global Arena 4 32 hours Maastricht Geo-Political Environment Trade and Investment Global Macroeconomics 3.2 Global Corporate Strategy 4 32 hours Maastricht Global Strategic Management Measurement and Strategic Performance Management Module IV 4.1 Marketing in a Global Context 4 32 hours Cologne Global Marketing Management International Customer, Market and Industry Analysis 4.2 Global Supply Chain Management 4 32 hours Cologne Operations Management & Management Sciences IT & Global Value Chain Management Supply Chain Management MODULE V 5.1 Finance in International Markets 4 32 hours Maastricht Capital Markets & Institutions International Finance International Accounting 5.2 Innovation and New Business Ventures 4 32 hours Maastricht Intrapreneurship Entrepreneurship Innovation Management MODULE VI 6.1 Managing Cultural Diversity (individual level) 4 32 hours Shanghai Team Dynamics Human Resources Management Cross-cultural Management 6.2 Leading Change in Multinationals (corporate level) 4 32 hours Shanghai Corporate Restructuring & Change Management Corporate Social Responsibility and Ethics Managing and Structuring Organizations Total Core 32 256 hours SPECIALIZATION MODULE VII 7.1 Sustainability Sustainability and Business Ethics 3 24 hours Sustainable Supply Chain Management 3 24 hours Cologne Sustainable Financial Management 3 24 hours TOTAL SPECIALIZATION 9 72 hours PERFORMANCE Module VIII Master s Thesis 24 192 hours Total 80 640 hours The European Credit Transfer and Accumulation System (ECTS) is a student-centered system based on the student workload required to achieve the objectives of a program The curriculum may be subject to change. 1 ) ECTS stands for European Credit Transfer System 2 ) One credit corresponds with 8 teaching hours 9
Admission Requirements and Procedure Minimum: Bachelor s degree A sound academic background is the main prerequisite for admission to the MsM/CBS EMBA Program. Applicants must hold at least a Bachelor s degree or its academic equivalent from a recognized university, preferably with a foundation in economics and management. Language of instruction: English Proficiency in English is absolutely essential to complete the EMBA Program. Applicants whose previous education has been in a language other than English must submit evidence of proficiency in the English language. Minimum TOEFL (Test of English as a Foreign Language) score: 88 on the internet-based test; or a minimum IELTS score of 6.5 GMAT score A GMAT (Graduate Management Admission Test) score of at least 500 is recommended. Managerial experience Five years or more of managerial experience are required. Candidates are admitted on a competitive basis places on the program are limited. When completing your application form, please give precise and thorough information. We can only accept complete applications responding to all requirements, which should be submitted at least two months before the start of the program. Please refer to the websites www.msm.nl and www.cbs-edu.de for program start dates, exact application deadlines, full admission requirements and financial details. The Maastricht School of Management/Cologne Business School reserves the right to add or withdraw specialization courses to or from the program to reflect evolving market trends and participant demand. Send your application form to one of the following addresses: Maastricht School of Management Admissions Office P.O. Box 1203 6201 BE Maastricht The Netherlands admissions@msm.nl Cologne Business School Admissions Office Hardefuststr. 1 50677 Köln Germany study@cbs-edu.de Financial Details Registration fee (non-refundable) 120 Tuition Fees* 24,500 Study Materials 1,500 Total 26,120 * excluding hotel accommodation in Maastricht or Cologne during regular modules; excluding travel and hotel accommodation for the module in Shanghai. 10
About MsM Located in the heart of Europe, within easy reach of Amsterdam, Brussels, Cologne, Frankfurt, London and Paris, MsM is one of the most international business schools in the Netherlands. A long-established global player, we have sixty years of experience in understanding how much good management matters for success. Respecting the need to make internationally accredited management education accessible, our programs are offered around the world, from Cairo to Lima to Nanjing and beyond. Linking the established with the new and the north with the south, our distinct approach to management and business equips our students and executive training clients to flourish in a world where rapid change and the importance of up-to-date awareness and insights are the only two givens. About CBS With more than twenty years experience in forwardlooking academic and business studies, CBS was one of the first schools in Germany to introduce a Bachelor of Arts degree in International Business. Today CBS is rated as one of Germany s top institutions of higher education in the area of business studies. Our close contact with the business world means we know the expectations of our participants and their employers. Famous for its specialization in the field of societal and cultural sensitivity, CBS educates multinational students in a practice-related and cross-cultural manner. 11
Cologne Business School Hardefuststrasse 1 50677 Cologne Germany phone +49 (0)221 93 18 09 727 fax +49 (0)221 93 18 09 30 e-mail study@cbs-edu.de web www.cbs-edu.de/mba Maastricht School of Management MsM Endepolsdomein 150 6229 EP Maastricht The Netherlands telephone +31 43 38 70 808 fax +31 43 38 70 800 e-mail info@msm.nl web www.msm.nl 12