JobsinNetwork Archives

Why the World Needs MBAs

May 12th, 2015

In a world that is ever changing with new technological advances and connected platforms, business is changing, but the solidity needed in strong business leaders is a constant variable. The world needs strong, diverse leaders who take initiative, exude strong decision making and critical thinking skills, and have a ironclad business core.

Social enterprise is growing, as are cloud based teams. MBAs bring forth transferable skills that they can tweak to fit the jobs at hand. While business was once a straightline process, business platforms come in all shapes and sizes in today’s world. MBA graduates are better equipped and prepared to handle a variety of contemporary and traditional environments.

Not only are MBA grads going to work at top companies in every industry, but they are going on to change the face of business by launching innovative startups. In years past, MBA graduates launched companies like CarMax, Electronic Arts, and Nike. In more recent years, MBA graduates have launched online-based companies such as Angie’s List and Care.com.

MBA graduates are educated with a solid set of business skills, and they know how to capitalize on the latest business trends. Instead of waiting around, MBAs are responsible for spearheading some of the biggest advances in business today. MBAs are all around business experts who excel in a variety of situations, trusting their educational foundation and emotional intelligence to carry them forward.

Women in business are also on fire today, launching world-class businesses from home while raising families, attending school, or working in the corporate world. The MBA gives people everywhere opportunities to give back to the world while launching their very own business, adapting with business trends, and propelling the companies they work with to success.

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You Know Someone Has Done An MBA When…

August 18th, 2014

An MBA degree brings along a lot of changes and while some can only distinguish the benefits that directly emerge from the actual study process, there is much more than that. People with an MBA are substantially different than others in many ways. So how do you spot them? Well, you know someone has done an MBA when…

…you have a good manager in front of you.
Such a program provides them with solid knowledge of this field, therefore you will notice a good structured thinking, a panoramic view of whatever issues arise and good intuition. These are the players. They take smart risks, but have a gut feeling, mixed with a ton of knowledge, which makes them pretty amazing. They get that management is not always about being smart. You can have the brains, but as long as you can’t inspire individuals, they won’t follow your lead. People with an MBA are good communicators, they can relate to others and sell their ideas.
 
…you just want to go say hi.
Being a part of such various groups, interacting with people in different contexts and having a complex background brings them experiences that are worth talking about. They are the ones you want to meet when you enter a room. You become intrigued by their confident smile and you want to hear their story, learn from them and exchange opinions.
 
…you wonder how they do it.
They are expert multitaskers and you cannot help wondering how they can pay attention to such different things and nail them all. Often, MBA students already have a job or they are somewhat active from a professional standpoint. Successfully merging studies and work is a proof of a determined character, who strives for excellence. On a side note, this also brings along the unique skill of not spilling coffee on the keyboard while answering emails first thing in the morning.
 
…you start suspecting their day has 36 hours.
You guessed it! A multitasker is, of course, pretty good at time management. They know how much time a day to allocate to chores, how many hours to spend perfecting their work and when to leave the office or school premises (although the last one is rather questionable. Sometimes they just get sucked into the task at hand and switch to autopilot).
 
…they just know everybody.
Networking is absolutely indispensable for MBA people. At this point in their career, they cannot afford not to network and not to emphasize their potential. But it’s more than that. They have the people skills, so networking is like a fun game, where new connections are being created and every conversation is an opportunity in itself.
 
…they take the initiative (and possibly just a tad arrogant).
They are assertive, enthusiastic and understand the importance of being in control of their own professional path. This is why they step up when someone is needed; they are the ones who lead by example. Moreover, they don’t miss any chance to stand out and showcase their unique set of skills.
 
…they constantly reinvent themselves.
Sometimes, people who do an MBA can have completely different backgrounds, but this empowers them to take more brave steps towards becoming better versions of themselves. Whether it’s an abrupt change or a wish to evolve within the same field, they take smart steps and develop themselves in inventive ways.

Crossposting from MBAin.eu
 
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Use The Internet To Land Your Post-Grad Dream Job

May 26th, 2014

Post Grad DreamjobResearch shows that 91% of all adults carry their mobile phones with them at all times. Here are 4 tips for mastering your digital image and bringing your media profile up to date during your post-grad job hunt.

Now, more than ever, post-grads are looking to begin their careers. Don’t be the one searching blindly or endlessly. The  following tips are a great place to start if you need help combining your profiles into one, complete, digital resume. LinkedIn, Facebook and Twitter are key tools for those who wish to network and make personal ‘brands’ for themselves.

 Build Your Social Media Profile

Create profiles that represent you and your career interests. Be aware of the image you are attempting to share with others and make sure that you’re putting your best ‘face’ forward. Social media websites like Facebook, Twitter and LinkedIn, are all impressive methods of networking and building a clientele. In addition, you can share your resume and post photos of any interesting events that you are hosting or attending.

It’s important to make sure that all of your profiles look the same and use the proper grammar, so be sure to check for continuity between your profiles. Discrepancies are a red-flag for many employers, so merge them carefully! In addition, LinkedIn has a special feature that allows others to search for you by keyword. This means that you must spend a decent amount of time picking the proper keywords, to ensure that your site will show up in the list of results. Lastly, pick suitable names for your accounts and try to list all your previous experiences in a serious manner. Be exclusive as to who you add to your ‘business’ profile. Save the wild, weekend camping trip photos for your personal page!

 Job Boards and Forums

Some companies are available for hosting online job interviews and may even hire via the internet. Others even have special sites where you can go, that are dedicated solely to finding the right individuals. The benefit to this process is being able to pick their employees and hire by proxy. The best place to find these types of jobs is on niche forum boards like our city-based network or LinkedIn groups. Look for companies that are aligned to your career goals and try to contact them for opportunities.

 Skype and Virtual Interviews

Many more employees are being hired by video interview these days, because it gives the employer a greater selection of qualified candidates to choose from. Even if the job is further away, finding the right candidate among a greater selection is usually worth the additional investment to assist with the move as well. If you don’t mind a change of scenery, consider applying for jobs via your computer and see where it takes you! 

Anyone has a chance at these jobs, but generally, you want to make sure your interview skills are top notch. If you want to practice for your interview, check out the (interview app) on your mobile device to review interview flashcards. Other tips for making your interview go smoothly include debugging your video programs, making sure you are interviewing in professional surroundings and lastly, please… please put the light in front of you, not behind you.

Use Goal Setting Websites

Use a goal-setting website to set milestones for yourself to help motivate you. It isn’t uncommon for some graduates to suffer from “post-grad blues” as they begin to transfer from the university environment back into working society. As you begin on your path to your desired career, it is always a good idea to lay out your plan so that you can begin to visualize the steps you need to take.

Lifetick.com has a highly interactive, yet user-friendly website, which allows the user to freely in put any type of goal and create due dates, times and rewards for completing the tasks. You can create a goal of any length with the program unlike some other simple ‘to-do’ apps and they are currently sponsoring a free trial.

With consistency, hard work, patience and attention to detail, you can easily update your personal image online to reflect any changes in your resume. Update potential employers immediately with changes and updates, applications or questions. Network with your peers, and make sure you really network; meet a new person once a week. Be aware of who is hosting open job fairs and interviews. The post-grad blues don’t have to affect you, too. Update your digital image and soon you will have employers seeking out you.

Let us know what your experience was like and what tips you have for recent post-graduates!

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Popular Trends in Recruitment and What You Need To Know About Them

April 23rd, 2014

 Since 2007 there have been far more job seekers than available positions. This has forced many employers to adopt new hiring methods in order to wade through the masses of Recruitment Trendsapplications many receive while at the same time ensuring that they select the best candidate for the job.

 

How can the savvy job seeker make sure that they are maximising their chances of making the sort list? Here are two emerging trends and what you need to know about them:

 

The Personality Test

Ah, the personality test! The purpose of these tests is twofold. First, they seek to determine suitability for a particular position. Second, they are supposed to predict who will be successful longest if placed in that position.

 

Clearly there are a lot of drawbacks from a candidate’s perspective to a personality test. They can produce false results if applicants are in a low mood when they take the test, when the applicant bases their answers not on their personality at work but rather their personality at home (which can be quite different), or the applicant doesn’t understand a question.

 

It makes sense, therefore, for applicants to ensure that they are in a good mood, base their answers on their behavior at work and seek clarification on any question that seems unclear. Better to risk appearing confused but get a better result than to suffer in silence and ruin any chance of making it to the next stage of the hiring process.

Resume Scanning

 

This is a popular way for some companies to sift through high volumes of applications and CVs. By using electronic documents, employers can run a digital “eye” over the data in the document, and reject any application that does not fit the job criteria.

 

In order to ensure that your CV makes the grade, tailor your CV to the job description, specifically including words used in the job and person specifications. These are the words the scanners are trying to pick up. Thus, if the job is looking for a Finance Manager, make sure that these words feature prominently on your CV.

 

 Often times the biggest barrier to finding that dream job is getting your CV in front of the right person’s eyes. Many a candidate has bemoaned the fact that they interview exceedingly well but can’t get to the interview stage.

 

 By understanding the process of screening candidates and taking appropriate steps, the savvy candidate can increase their success rate and bring that dream job a little closer.

If you found this article to be interesting please let us know and share it with your friends or colleagues! If the case, we might write a follow-up article, there are a lot more interesting recruitment trends we have noticed from interacting with dozens of companies in Europe.

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How To Approach Salary Negotiations

March 21st, 2014

How to approach salary negotiations

How to Approach Salary Negotiations

 One of the hardest things for most employees is negotiating their salary.  In the ideal world, future employers would never low-ball a candidate, and excellent performance at work would lead to an annual rise in salary commensurate with effort and experience.

 In most cases, employers are as keen to offer the right remuneration package as their candidates and employees.  What this looks like, is, of course, where the negotiation comes in.

  Here are 6 key points to consider during a salary negotiation:

 1. Adopt the right attitude

Salary negotiation is just that – a negotiation.  In the best case scenario, both parties to the negotiation feel that they benefit from the final result.  Employers want to hire the best candidates and retain their talent; candidates and employees need to feel valued.  If either feels like the other is taking advantage of them, they both end up losing.

 2. Know your worth

It is always a good idea to know the worth of a position either within the company or at a comparable company.  A good way to figure this out is to look at job listings for similar positions and calculate the average salary.  Employers are sure to know this information, so it is important that candidates and employees do, too.

 3. Get your facts straight

Whether salary negotiation takes place at the same time as an annual review or at another time, it pays to know how you have contributed to the company.  If your company uses Key Performance Indicators (KPIs) or other quantitative data, know your numbers.  If your position is evaluated using qualitative measures, they need to be emphasized.

 But don’t necessarily wait until all of the data is in – research shows that men often negotiate based on future contributions and this leads to higher salaries overall.  Knowing what you are capable of achieving for your employer and being willing to negotiate for it can often result in large gains.

 4. Know your bottom line

Every great negotiator knows their bottom line. This is the line in the sand, below or above which it is not possible to go.  Stick to it or run the risk of either or both party resenting the outcome which is always a negative result.

 5. Get promises of future salary increases in writing

Often during a salary negotiation an employer will propose that an additional stipend or benefit will be forthcoming after a certain amount of time passes, or that larger salary increase or improved job title will be on the table by a certain date.  These should be confirmed in writing after the meeting so that when the time elapses, the promises can be redeemed.

 6. It’s not just about salary

These days, there are many more things to negotiate than just a salary. Additional benefits such as flexible working, working from home, and a whole host of other perks can also be put on the table, especially if financial remuneration is not possible because of a company wide salary structure, for example.  

 In essence, a successful salary negotiation is about coming up with a “win-win” solution for both parties. This requires forethought and above all else, confidence.  As the saying goes, unless you ask, you’ll never know.  

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It’s not about knowledge

March 11th, 2014

“It’s awfully sad that without clever brain, capable of taking us to the Moon, we seem to have lost wisdom; and that is the wisdom of the indigenous people, who would make a major decision based on how will this decision affect our people 7 generations ahead.. ” Jane Goodall says in the video below.

“You’re best work here is expressing yourself. Now you may not be the greatest at it, but when you do it, you’re the only expert in it.”

Take a look at this very inspiring video of extraordinary people sharing their words of wisdom: from Clint Eastwood, to Jane Goodall, Mary Quant, Helen Suzman, Edward M. Kennedy and many others.

Share your thoughts below.

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Why ‘Life-Study-Work’ looks differently in the future

August 22nd, 2013

We are used to think that there is a part of life that has to be spent for education and a part of life which needs to be spent at work. Those days are gone, says Professor Davide Chiaroni, International Full Time MBA Director at MIP Politecnico di Milano: “Current education, in Italy, but not only, is mostly based on the fact that there is a period in life until 24-25 when you have to study, then you start working. The education later on, becomes just an optional matter. “

But let’s be frank- are people ready to commit to lifelong learning? And I mean academic learning, not experiential learning..

Continuous exchange between education and work

I dared ask Professor Chiaroni about the future of education and one way to look at it, he says, is by addressing differently the balance between life-study-work. Maybe education is not concentrated just in the first part of life. Maybe the future system will help you have a career, then come back to schools for specialization, then go back to work, and keep having this natural exchange between education and work. “I don’t have in mind a clear framework, such as 2 years for education, 1 of work.. , but I guess that if we can think what education can do with the digital tools that we have today, we can mix more the work experience , the real life experience with school education”, he says.

More basic Education for free

What the MOOCs (Massive Open Online Courses) propose today is exactly this kind of continuous exchange between education and work .

“We will have more and more basic education for free, for sure- we already have Wikipedia. We can use the same metaphor. There is a chance for you to learn a lot of basic knowledge through the online courses, which will be mostly for free in the future.

The point is, if you really want to specialize, if you want to go deeper into a subject—you will have to stay intro more traditional courses. I don’t think the whole education will be open and free.  Because a lot of it has to do with the approach. You can have the courses online, but then to understand really what you can do with this content- this is something where I think Business Schools will stay for the long term. “

Specialization will be key to MBAs

By looking at the current global context, there is no doubt that the Schools are working to find new ways to adapt to the job market and best suit the needs of their students. The traditional model of quitting your job, going to MBA and than coming back on the job market seems to be no longer valid. Quitting the job today seems to be more difficult than ever, since you don’t know what to expect when you get out of School.

Specialized programs are a big part of the MIP school too. “In response to this trend, MIP is increasing the offer for part time, as well as for the specialized programs- Project Management, Supply Chain Management, Energy Management, Luxury..so we are creating a broad portfolio of specialized masters to deal with this.”, says Professor Chiaroni.

 

What Business Schools cannot upload online

“We think that online is more for executive programmes than for the MBAs at the moment. One of the most relevant values is related to soft skills and the direct contact with the companies; this kind of skills cannot be transferred online. You can transfer the competencies, the tools, you can explain online..but you can’t get all together in one place, discussing together, sharing their experiences.

Around 50% of what students learn- they get from the faculty staff, 50% is coming from their colleagues: different cultures, experiences, working in teams, providing feedback to each other- this kind of continuous exchange of experience can’t be transferred online. “

Key to the MBA today is also the mobility that Schools offer to students. “We run exchanges for one week, or longer ones (for 2 months) in 20 Business Schools across all continents. We really encourage people who are joining our MBA to go abroad and explore this wonderful network of Business Schools that we are part of.  Mobility means Education. From the soft skills point of view,  going in another school means creating another network, being exposed to a different approach to education, share knowledge, experiences- all these in a very short term, which makes the experience much more intense and rewarding. In our full time MBA we generally come across 20 -25 nations, which means a huge variety of people in our class. Every year we are increasing the number of exchanges, partnerships with other schools. By studying a giving subject, you don’t just go there to visit schools, but you learn. This makes really an important point of interest for people, and they cannot have these experiences through online education.”

 

 “If you don’t have a goal when you start, you will not have a goal when you finish”,

..he concludes. “It all starts with the reason why someone enrols in higher education in the first place. Students need to be committed. We always try to understand why the candidate is there- if he or she already knows about the business school or if they are just trying to apply to any MBA. Then we always check why they think an MBA is right for them and most importantly, why THIS is the right time for them to get one. They need to know why they need the MBA. Are they lacking some skills? What skills? “

But does goal setting apply to academic lifelong learning that happens outside the School too? Do you have a goal when you enroll in a MOOC ? And if you don’t, do MOOCs help you define one for yourself by the end of the course?

Cross posting from MBAin.eu .

Leave us a comment with your thoughts below.

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Rent an MBA- latest trend in town

June 4th, 2013

Until recently, there was a well spread idea that those who want to have a career in business in the public sector should have an MBA. But considering all the changes that took place globally, be it economic crisis or eco trends, MBA hiring in the nonprofit sector has increased. This kind of organizations survive thanks to their funding and streamlining operations which they have to keep on a safe level. This is why MBA graduates are likely to get a great job offer thanks to their strategic and analytical skills and also to their knowledge of the private sector.

Of course, few nonprofits can afford hiring an MBA, but why hire one when you can rent him by hour?

 

There has been a lot of buzz lately about the “rent an MBA” concept. HourlyNerd is some sort of Zipcar in which MBAs are the cars. The concept for this business was very simple: there are so many organizations which need a good strategy or marketing plan but could not afford McKinsey, Bain, or Boston Consulting Group. But what if they could get the next best thing for a few hundred dollars?

The company was founded in February by three Harvard Business School students as part of a class project and has quickly gained traction. HourlyNerd has recruited a stable of nearly 500 current and former MBAs from top schools.

The process behind is simple. Businesses and NGOs post their projects online, and MBAs bid on them.  The fee may vary up to $50 an hour, although there are also some  impressive MBAs who  may command as much as $100. The business makes an upfront payment to HourlyNerd, then the MBA gets paid after the job is done, while HourlyNerd takes a cut from the business (10 percent, plus a 3.5 percent transaction fee) and from the students (5 percent).

Yes, there are positive outcomes so far. MBAs working through HourlyNerd have completed about 30 projects so far. An MBA from the University of Virginia’s Darden School of Business was paid $250 to upgrade the website for a Boston florist, and an MBA from Northwestern’s Kellogg School of Management did a market analysis for a luxury retail startup in the Boston area. MBAs are currently at work on a marketing plan for a restaurant and bar in Cambridge, Mass., and a plan to boost profit at a Cambridge gym.

HourlyNerd  is just one example. Prior to this company, MBA & Co., launched in 2009 by graduates of Spain’s IESE Business School and ESCP Europe when the market for MBA talent had hit a low point, was aimed at business school graduates with an abundance of skills but a dearth of job offers. In its first three months in business, 2,000 MBA graduates and current students had signed up.  We are looking now at a successful company which now has offices in London and New York,  and which has recently secured $1.2 million in financing.

Let’s hear from you what your thoughts are on this. Would you want to be part of this idea? Share your comments below.

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MBAs beyond borders

May 10th, 2013

Relocating for a job has become the norm in the 21st century and mobility is now the key word, as more and more employers choose to go beyond borders in their search for international top talent.

But are jobs the only way to experience these multiple lifestyles? What if now you are able to use the same amount of time entirely for yourself, in order to learn about the new different markets, the different business environments and actually have time to meet interesting people from the places you live in? Business Schools today have responded to this need and designed several MBA programs that offer exactly this .

Digging more on this topic,, I got to read a lot of stories from MBA students around the world. Here’s one extract from a Lebanese student in Singapore , taken from MBA INSEAD Experience Blog:

“The other day, someone asked me where I was living before. I paused before I could answer. It hit me that I have lived in 4 different cities over the past years. I have 4 active phone lines and I alternate sim cards based on my travels. But, it’s not just me. Anyone who is exchanging campuses would have lived in a minimum of three cities by now. I then thought about the cycle I go through every time I move: the original aversion, followed by fondness, love and then that separation anxiety that comes with having to leave again. I also realized that, that cycle got shorter and faster at INSEAD, and that I learned to adapt to it better.” Shereen Chalak, Class of 2013. I invite you to read her full story too.

Luckily there are more and more MBAs that include a lot of travel and international experience in their curricula. Why do we like these type of programs?

Such MBA programs are designed to build a culturally-diverse peer network with students from different countries. They are embedded in the world’s most important economic regions, therefore students will have access to diverse classmates, companies, industries, and partners — a unique professional network not offered by other kind of MBA programs. This one builds more than global awareness; it provides the real-world experience that will help you develop global competence and prepare you for international job responsibilities.

To be brief about the advantages of this kind of MBA, you will:

  • Build work experience and your career options
  • Practice cross-cultural communication through both the curriculum and the setting
  • Understand the drivers of world economies and markets
  • Master business frameworks to address the world’s interdependencies
  • Prepare to lead a global enterprise

Furthermore, as a student, you will become part of a rich, culturally-diverse class from across the world — your classmates will become your friends and inspiration throughout your MBA experience.

However, if you are a person looking for stability, who takes time to adapt to new climates, backgrounds, people or cultures, then it might be more difficult for you.

The are a lot of benefits indeed, but don’t forget about the price too. As all good things out there, they  can be costly. Some of the most innovative programs range in price from a low of $75,000 for Purdue University’s International MBA that has five two-week residencies held in six countries on three continents to a high of $152,500 for Duke University’s Global Executive MBA experience which includes five residencies and visits to seven different countries.

Poetsandquants.com has made a selection and we chose the first 3 MBA programs for you to have an overview:

Chicago Booth Executive MBA – The most amazing attribute of this experience is that it is the mainstream EMBA program at Chicago. A unique strength of the program is that it boasts three campuses on three continents–downtown Chicago, London, and Singapore, making this a true global adventure that helps you build an enduring international network. The 270 admitted students–90 from each of the three locales–begin the program together in late June at Chicago’s Hyde Park campus.

“The very first day, we bring them to Rockefeller Chapel, our dean welcomes them, and then we have them envision themselves here in that very same space 21 months later walking down the aisle receiving their degrees,” says Patty Keegan, associate dean of the EMBA program at Chicago. “It’s a terrific ceremony. Then, they go to school. They take a leadership course, financial accounting and microeconomics that week. We end the week with a terrific cruise out on Lake Michigan for bonding until everyone returns to their home campus.”

Format: During the 21-month program, students take 15 of the 17 courses together with their colleagues. Each student then selects two electives from a limited menu that has included such topics as entrepreneurship, private equity, options and futures, advanced marketing, and creative leadership. Students may also earn a concentration in finance or strategy through two additional courses during the week before graduation for an extra fee of $6,000. If you decide to earn a concentration, an additional week of classes are required.

During the second summer of the program, students from the three campuses work and study together as part of four one-week international exchange sessions. A total of four weeks–25% of the program–is spent working with students from the other two campuses. There are two sessions in Chicago and one each in London and Singapore. Don’t think you’ll be on vacation in Europe and Asia. During those sessions, classes meet Monday through Saturday, starting at 9 a.m. and ending at 5 p.m. with a break for lunch and some study time.

Cost: $142,000, not including airfare

Darden Global MBA – The University of Virginia’s new 21-month global program enters its first class of some 40 students this August.

Format: Starting in August through May, students will undergo six separate two-week-long international residencies at the home campus in Charlottesville, Va., and Washington, D.C., but also in Brazil, India, Europe, and China. Fully a third of the course work will be delivered via the Internet, in live weekly

classes, virtual learning teams, and integrated work projects. Some 15 faculty members at Darden will be involved in delivering the program.

And all of it will be taught via the case study method, the dominant teaching approach at both Darden and Harvard Business School. For each of the program’s six terms, students will be expected to read and discuss 30 to 35 case studies—over 200 in all. Roughly 20% of the cases will be brand new at launch, designed specifically for the new global MBA.

Each residency is a two-week stint, evenly spread across program. The experience begins with two weeks at Darden’s home campus in Charlottesville, Va., in late August and then kicks into the distance learning portion of the program via the Internet. Each week, there will be a maximum of two online classes, requiring at least ten hours of work by participants.

The second term begins in mid-January in Brazil with a two-weeks in Sao Paulo and/or Rio de Janeiro.  The third term kicks off in Beijing and Shanghai in May, while the four term starts off with an immersion trip in September in Paris and Berlin. The final international two-week residency begins in December in India, in New Delhi and/or Chennai. The program ends with two weeks in Charlottesville and Washington, D.C., in May. Four Darden professors will be sent to each international residency.

Cost: $139,500, not including an estimated $12,000 in additional travel costs.

 

Duke MBA—Global Executive – Duke University’s Fuqua School of Business claims that this is the world’s first global MBA program for senior executives. Launched in 1996, the MBA experience includes five residencies and visits to seven different countries.

Format: This 15-month program is composed of five terms (an optional sixth is available for electives or a concentration in one of six areas, from strategy to energy and the environment). Short, in-person residencies are followed by longer distance learning periods via the Internet. Weekly real-time class meetings are held, along with faculty office hours. There are bulletin board discussions and online team meetings.

Students start their pre-reading assignments for the program in late April before arriving on the Duke campus in Durham, N.C., for the first residency (this year it will begin May 16th and end June 1st). There’s a short break before the distance learning kicks in. Then, in late August and into September, students go to London and St. Petersburg for a second residency. Dubai and New Delhi come up next for two weeks in December. Shanghai and Bangkok are the destinations for another two weeks in March. Students finally complete the degree with a return to Durham for one week before graduating on July 14th.

Roughly 60% of the total time in the classroom takes place during these residential sessions. Students study, discuss and experience the way in which region-specific institutions, markets, and cultures enhance and hinder global commerce. Duke also assigns a personal coach to each student to explore unique leadership and personal development issues.

Cost: $152,500 includes tuition, books, class materials, lodging, and meals at the five residential sessions. Excludes travel to and from the residential sessions.

 

Would you go for this type of MBA? Let us know your reasons in the comments below.

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