Brosura msm ro may 2012 - web version


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Maastricht School of Management Romania brochure 2012

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Brosura msm ro may 2012 - web version

  1. 1. Executive Master of Business Administration Romania All MBAsoffer youKnow-How. It’s not the MBA. It’s you. - 1
  2. 2. Accreditation• “Accreditation” is the review of the quality of higher education institutions and programs. It is an important way to let students know that an institution or program provides high quality education.• Whether a business school, university, or program is accredited is important. Students who want grants and loans need to attend a business school, university, or program that is accredited. For graduates, accreditation gives reassurance of the degree’s value, now and further up in their career.• Employers ask if a business school, university, or program is accredited before deciding to provide tuition assistance to current employees, evaluating the credentials of new employees, or making a charitable contribution.• Governments require that a college, university, or program is accredited in order to be eligible for federal grants and loans or other fundsMaastricht School of Management’s MBA programs Our EMBA program complies with the standards upheldhave been accredited by the Association of MBAs by the Higher Education Quality Control Organization of(AMBA), the Association of Collegiate Business Schools the Netherlands.(ACBSP), and the Assembly of Collegiate BusinessEducation (IACBE). The Romanian program is also fully accredited by AMBA, ACBSP, IACBE and the Dutch Ministry ofThe Dutch Ministry of Education, Culture and Science Education.endorses the academic standards of Maastricht Schoolof Management’s Executive MBA degree by law.2- Maastricht School of Management Romania
  3. 3. Its not our Its your different unique point of view.perspectives.The Mission of MSM Romania - Do Your Goals Match Ours?We have been holding conversations with our students, alumni, faculty, staff and Advisory Boardabout mission of Maastricht School of Management Romania (MSM Romania). To the studentswe asked, “Why did you choose to study with us?” To the teachers we asked, “Why do you teachfor us?” To our staff we asked, “Why do you work for us?”. To the Advisory Board we asked,“What are you expecting from your employees who graduate from us?”After asking all of these questions, we received a lot of excellent, thoughtful answers. Aftersorting through the data we found a couple striking facts about those who were choosing tostudy or work with us. First, they want to be a part of something bigger than themselves.They want to reach goals greater than they could previously. Second, they want to be part of acommunity which includes others like themselves in terms of values and aspirations. Of course,a good MBA education was important to all of them, but this was not the main reason they hadchosen MSM Romania as their MBA partner.As a result of these discussion, we were able to formulate the following mission statement: “We recognize in each student their inner spark, we then provide knowledge and reinforce character by bringing the students together with professors and peers who share our values, so in the end the graduates become the change agents our businesses and community need.”We hope that these messages communicate to you our sincere passion to not just provide anMBA in Romania, but to be a part of making something bigger in Romania. The MBA is the toolthat we have at our disposal to make a difference in our community.If your goals match ours, we invite you to join us on this journey.MSM in a nutshellMaastricht School of Management (MSM), which is celebrating its 60th anniversary in 2012, has its rootsin the Institute for Management Science at the Technical University in Delft dating back to 1952 In 1989 theschool relocated to the historical city of Maastricht and in 1993 its name changed to the Maastricht Schoolof Management.As a key player in the global education field, MSM is one of the few management schools that systematicallycombine education, technical assistance and research in its professional services.With more than 2,000 students annually graduating in more than 20 countries, MSM is the largest and mostinternational business school of the Netherlands.MSM offers its Outreach MBA throughout the world by partnering with respected educational institutionsin each local market. This association, Asociatia Maastricht School of Management Bucharest (MSM RO),was created by some of Romania’s most respected educational leaders of the past decade: Dora Surugiu,Adrian Stanciu and Oliver Olson.MSM Romania holds all of its classes at its modern facilities near Piata Dorobanti in Bucharest, Romania. It’s not the MBA. It’s you. - 3
  4. 4. Radu Atanasiu, DMD, MBA Camelia Buburuz Entrepreneur & Consultant JW Marriott Class of 2010 Class of 2012 Ana Scarlat Gabriel Vinte Romcarton ING Bank Class of 2013 Class of 2013“I believe that the brain is like a muscle. If you don’t “...for me, the MBA with Maastricht meant a greatwork it out, it shrinks. But aside from helping recapture opportunity to enrich my life with great brain flexibility, enrolling in the Executive MBA Working with them and learning from them andprogram has made me understand, in depth, the their experiences was a great set-up enabled by theprinciples and forces behind today’s economy, societal structure of the classes offered. I would recommendbehavior and even human mentality... some applied the experience to all those feeling that they can pushphilosophy, if I can say so. their time management limits and enlarge their views on businesses directly connected to their careers asI worked with cool, brilliant fellow students. I met some well as potential prospects. Going through the processpassionate professors. And, above all, it’s been fun!” is a a perfect test of balancing more than just work and personal life.”Radu Atanasiu, Entrepreneur & Consultant Camelia Buburuz, JW Marriott“They told me the MBA was difficult and in my mind I “Being an analytical person my decision to attendwas like: “hmm, really?” But MSM MBA is difficult. Not MSM’s program was backed by a mini study of thebecause of how much one needs to study but because MBA programs on the Romanian market and by theevery day is a challenge to be the best I can be; it’s conclusions drawn after attending several interestingdifficult because it teaches me about trust and how to open classes. Unexpectedly, the reality of this programlean on my colleagues, how to listen to them and how to was better than my initial expectations and all itsshare my ideas; it’s difficult because I learn about real strong points – modern teaching methods, continuouslife and about myself as much as I learn about business improvement system based on periodic surveys,theories. Still, every day when I enter the school, I smile extensive networking, very transparent grading andbecause I am happy to be a part of this great family teacher-student feedback system – are enhanced bywhich is MSM Romania.” the dedicated local team that is always supportive and makes huge efforts to keep things on the right track.”Ana Scarlat, Romcarton Gabriel Vinte, ING BankTestimonials4--Maastricht School of Management Romania4 Maastricht School of Management Romania
  5. 5. Its not our Its youcase studies. creating a new one.The 2-year, part-time MSM Romania EMBA program provides state-of-the-art postgraduate education in business administration to mid-careerprofessionals with the aim to advance their knowledge and practice ofmanagement and to train them to lead in a dynamic global businessenvironment. The Diploma is a Dutch degree conferred solely by MSM.Team and Individual Coaching Business & Public PolicyFrom day one of the Executive MBA, a Kenneth Blanchard- Today’s business leaders in Romania must place an emphasiscertified executive coach, Mihaela Reese, is available to make on the inter-play between business, society, culture andsure that you get the most out of the MBA in your team work political forces. This interplay has never been more evidentand in your individual performance. than during the current global economic crisis. This course gives the students the tools to deal with all these forces inInnovation and New Business Strategy an ethical and sustainable manner, while still meeting its responsibilities to a business’ stakeholders.One of Romania’s most respected entrepreneurs, MariusGhenea, teaches this course which is designed to providestudents with the structured information about why, when Electives Moduleand how to start new successful entrepreneurial start- During this module you will have the chance to dig deeperups. Covering areas such as the nature and importance of into a variety of subjects that are crucial to today’s business-entrepreneurship, the creation and development of a new person. Either choose a subject which complements yourbusiness venture, the growth, management and also the current career or use this as an opportunity to push yourselfending of such a venture, the course should enable students, outside of your comfort zone.upon completion, to successfully evaluate, launch, finance andgrow new business start-ups. If you choose Marketing, you will learn how to better evaluate your customer in the Strategic Marketing course. You willSocial-Entrepreneurship Project then learn how to sell the product to those customers that you have target in the Sales Management course.The classroom of the MBA program is put to the test with astudent-developed, social-entrepreneurship project. The Should you choose Finance, you will learn how to betterMBA students are supported by a faculty team who will evaluate the details of your own company, a potentialmonitor the learning platform and provide guidance, direction, acquisition or a company in which you might want to invest inand learning modules as needed during the project. During the Financial Statement Analysis course. Then after you havethe length of their studies, MBA students will engage in completed the analysis, you will get the tools that you willwork with their teams and will involve Romanian NGO’s and need in order to actually invest in the Investments & Capitalcorporations to develop and implement self-sustaining Markets course.project that continue to live after the students have graduatedfrom their MBA program. We are also constantly adding new electives based on global developements, access to interesting teachers and studentSome companies who have worked with MSM demand.Romania on community projects have been UniCreditTiriac Bank, WesternUnion, Kraft Foods, Xerox,PriceWaterhouseCoopers, Ursus Breweries and manyothers.State-of-the-art curriculum It’s not the MBA. It’s you. - 5
  6. 6. CurriculumStructure Course ECTS1 Credits Equivalent teaching hours21. Foundation1.1 Quantitative Methods 3 24 hours1.2 Accounting for Managers I (Financial Accounting) 3 24 hours1.3 Accounting for Managers II (Management Accounting) 3 24 hours1.4 Managerial Economics 3 24 hours1.5 Financial Management 3 24 hours Total Foundation 15 120 hours2. MSM Core2.1 Thesis Writing Workshop 1 8 hours2.2 Business in the Global Arena 4 32 hours 1. Geo-Political Environments 2. Trade & Investment 3. Global Macro-economics2.3 Finance in International Markets 4 32 hours 1. Capital Markets & Institutions 2. International Finance 3. International Accounting2.4 Managing Cultural Diversity 4 32 hours 1. Team Dynamics 2. Human Resources Management 3. Cross-cultural Management2.5 Global Corporate Strategy 4 32 hours 1. Global Strategic Management 2. Measurement and Strategic Performance Management2.6 Marketing in a Global Context 4 32 hours 1. Global Marketing Management 2. International Customer, Market and Industry Analysis2.7 Global Supply Chain Management 4 32 hours 1. Operations Management & Management Sciences 2. IT & Global Value Chain Management 3. Supply Chain Management 6--Maastricht School of Management Romania6 Maastricht School of Management Romania
  7. 7. Course ECTS1 Credits Equivalent teaching hours22.8 Leading Change in Multinationals 4 32 hours 1. Corporate Restructuring & Change Management 2. Corporate Social Responsibility and Ethics 3. Managing and Structuring Organizations2.9 Innovation and New Business Ventures 4 32 hours 1. Intrapreneurship 2. Entrepreneurship 3. Innovation Management Total Core 33 264 hours3. Romanian Core and Electives3.1 Business and Public Policy 3 24 hours3.2 Critical Thinking and Analysis 2 16 hours 3.3I Elective I 2 16 hours 2 16 hours3.3II Elective II 3.4 Social Entrepreneurship Project 3 24 hours Total Romanian Core 12 96 hours4. Performance Master’s Thesis 20 160 hours Total 80 640 hours• The European Credit Transfer and Accumulation System [1] ECTS stands for European Credit Transfer System (ECTS) is a student-centered system based o the student [2] One credit corresponds with 8 teaching hours workload required to achieve the objectives of a program.• The curriculum may be subject to change. the globally networked management school - 7
  8. 8. Globally NetworkedMultiple Networking Opportunites at MSM RomaniaMBA Master Classes Over the years, hundreds of people have attended our MBA Master Classes which are open to the public on a monthly basis. We are convinced that it is the responsibility of universities, as generators and repositories of knowledge, to make the professor’s knowledge available to the communities in which they are active. This is MSM Romania’s way of giving back to the community. In addition, this is a good chance for those who are considering an MBA program to ‘test drive’ our professors.Executive Dialogues One of the most valuable components of a good MBA is networking, not just with classmates, but with faculty and outside guests. The purpose of the Executive Dialogue is for students and alumni to be able to have an ‘off-line’ conversation with a senior executive that they might not normally have the chance to meet. The discussion is not focused on a specific industry or job, but rather a general discussion about the challenges and responsibilities associated with being an executive in today’s Romanian business environment. These events are only open to students, alumni of MSM Romania and CEU Business School Romania.Informal Networking Events At MSM Romania, we look for any good opportunity to get together outside of our formal events. This includes Christmas parties, Halloween parties (in costume, of course), BBQs on the terraces and roof of our campus, and even group trips outside of Bucharest, such as the Danube Delta and Amsterdam.The Netherlands Romania Chamber of Commerce While a student of MSM Romania, you also have an open invitation to all networking events of the Netherlands Romania Chamber of Commerce. This is an excellent opportunity to extend your network beyond the students and alumni of MSM Romania and intereact with some of the most important foreign investors in Romania. 8- Maastricht School of Management Romania
  9. 9. Its not our Its what global you do with it. expertise.Program Design The majority of the courses taught include case studies to simulate decision-making. Case studies provide a vehicle forOur EMBA program is designed to stimulate creative identifying problems, analyzing them, deriving solutions andmanagement thinking and to meet the needs of candidates considering how to implement them.looking to improve on the theoretical underpinningsand training required to apply management knowledge Working efficiently and effectively in multicultural groupsinto practice. Candidates are trained in an international, is emphasized in the EMBA program through an approachmulticultural and multi-disciplinary setting preparing them to of group-study. This is considered an invaluable skill forsuccessfully operate in the global business environment. managers. The use of group study enables participants to benefit from the experiences of others. Group membersThe EMBA Program can be completed in approximately 22 are selected at random in order to maximize the learningmonths. Lectures and classes are conveniently paced and are opportunity in an environment that fosters collaborationconducted on alternating weekends with an extended winter with fellow members from different cultures and workand summer break (the exact schedule can be found at our environments. Needless to say, a program that is being taughtwebsite). This way, participants are away from their jobs for by faculty from a variety of countries provides excellent chancesonly a minimum period of time. of enhancing your intercultural communication skills.The program consists of four segments, starting with a Executive MBA GraduatesFoundation segment, providing a solid knowledge base in eachof the major management disciplines. The following Core The candidates admitted to our EMBA program are mid-careersegment offers courses with a broader focus. These are more executives, the self-employed, and the expert consultants inintegrated and often multidisciplinary in nature. The Electives general management who have full-time job responsibilities,segment contains a set of courses which give you the choice to and therefore cannot afford to attend classes on a full-timegain more specialized knowledge in the fields of Marketing or basis.Finance. This segment also includes a Social Entrepreneurshipproject in which you will tackle a ‘live’ project from beginning to Surveys have shown that our EMBA graduates return to theirimplementation. respective organizations with promising career prospects and greater confidence. The majority of our alumni assumed newThe program is completed by the writing of a Master Thesis responsibilities with increased opportunities for advancement,in the Performance segment, based on a current business while others utilized the additional skills to take on newresearch project of your choice. professional challenges or career changes.Teaching Methodology Romanian Advisory BoardOur aim is to teach concepts and theories of management, The mission of MSM Romania’s Advisory Board is to providestimulate critical thinking and transform management external perspective and review as well as advocacy andproblems into opportunities from a multidisciplinary and support for the school’s programs, strategic direction, andmulticultural perspective. The general approach includes overall objectives. Current members of the advisory boardlectures, problem based learning exercises, case study include Steven van Groningen (Raiffeisen Bank Romania), Misuanalyses, student participation, seminars, discussions and Negritoiu (ING Bank Romania), Peter de Ruiter (PWC Romania)independent study. and Sandra Pralong (former President, Fundatia Soros Romania), among others.Distinctive competencies of the MSM / MSM Romania MBA• Outstanding reputation in management education • Excellent national and international faculty• Globally networked knowledge community • State-of-the-art MBA curriculum with specific considerations of the realities of doing business in• 22-month, weekend program Romania• All studies take place in Bucharest • Apply the knowledge and skills acquired from MBA class• You have the choice to study at the campuses in the immediately to your daily work Netherlands, China, Egypt or Peru. • Build global academic and business networks through• Interaction with high-level Romanian executives and your MBA class and the MSM global alumni network entrepreneurs • Gain access to a vast Romanian and global alumni network• Combine your professional career with MBA study It’s not the MBA. It’s you. - 9
  10. 10. Its not our its Your MISSION shared purpose.and values.The main prerequisite for admission to the MSM Romania EMBA Program is a soundacademic background, quality career progress and a passion for change. Applicantsmust hold at least a Bachelor’s degree or its academic equivalent from a recognizeduniversity in any subject.Proficiency in English is absolutely essential to Applications should be submitted at least 6 weekscomplete the EMBA Program. Applicants, whose before the start of the program. Please refer toprevious education has been in a language other than the website or forEnglish, must submit evidence of proficiency in the program starting dates and up-to-date admissionsEnglish language. Minimum TOEFL (Test of English criteria. There will be a an admissions interviewas a Foreign Language) score: 570 paper based once the application is complete.TOEFL, 230 computer based, 88 internet based orminimum IELTS score of 6.5. Maastricht School of Management Romania reserves the right to withdraw, add or change a specializationA GMAT (Graduate Management Admission Test) course or to change the title of a course due toscore of at least 500 is the desirable prerequisite for evolving market trends. Candidates are admitted on aenrolment, but is not required for candidates with competitive basis.more than 7 years work experience. On the application form you will find a list ofFive or more years of managerial experience are additional requirements. These must be sentstrongly recommended. together with your application form to:A Statement of Motivation as well as two Letters of MSM RomaniaRecommendation. Admissions OfficePlease be complete and precise when filling in the Putul lui Zamfir, nr. 36, 011684application form. Only complete applications will be Bucharest Romaniaaccepted.Financial Details (valid for programs starting in 2012) Financial DetailsApplication fee (non-refundable, includes document translation and certification) € 100Tuition Fees (€2,000 first payment due when accepting offer - non-refundable) € 18,600Study Materials (includes course reading packs and case studies, but not textbooks) € 200Total Tuition and Fees € 18,900 Tuition Reduction Scholarships (can be combined) Tuition Reduction• Romanian Non-Profit or Public Sector Scholarship (50% tuition reduction) € 9,300• Commuter Scholarship (home further than 150 km from Bucharest) € 2,000• GMAT Scholarship (Score: 700 or above) € 2,000• GMAT Scholarship (Score: 650-699) € 1,000• Entrepreneurship Scholarship (details at website) € 1,000• CFA / ACCA Qualification Scholarship € 1,000• Referral Scholarship (for every referred student who joins the same cohort) € 75010- Maastricht School of Management Romania
  11. 11. DiscoveryCampEach academic year starts with a Discovery Camp somewhere far from Bucharest.This intense weekend is designed to take you out of your comfort zone and prepareyou for the physical and mental challenge of being an MBA student. We feel that it isimportant to ‘hit the ground’ running in the first day of classes in the MBA program.The Discovery Camp gives you a chance to get to know the other students in theMBA so that you are already able to draw on each other’s unique strengths andexperiences already from the first class session.During your time as a student of the dependent upon the other studentsMaastricht School of Management who are in the program, the DiscoveryRomania, you will push yourself to Camp also provides the platform fornew heights, figuratively and literally! you to make this discovery along withDuring the three days of the Discovery those colleagues who will not only beCamp, we encourage you to discover joining your MBA class, but will also beyour strengths, weaknesses, limits, an instrumental part of your lifelongcapabilities, fears and hopes. Since the network. Hopefully you will also discovervalue of a world-class MBA is greatly some new friends along the way. It’s not the MBA. It’s you. - 11
  12. 12. School of Management Maastricht School of ManagementOutreach Programs Department RomaniaP.O. Box 1203 phone +31 43 387 08 08 Putul lui Zamfir 36 phone +40 21 310 12 486201 BE Maastricht fax +31 43 387 08 00 011684 Bucharest fax +40 21 317 10 79The Netherlands e-mail Romania e-mail website website www.msmro.org12- Maastricht School of Management Romania