INTERNATIONAL MBA 12 MONTH FULL-TIME PROGRAM

N I R TS E R B A M ST E PT SE

Introduction The international business world has recently experienced a strong disruption that has helped shape a new business paradigm: one in which responsible leadership and personal integrity are as highly valued as experience and expertise . At Nyenrode, we know that the right knowledge and insight can make you a good manager, but we also believe that a genuine focus on personal development helps turn good managers into great leaders.

Prof.dr. Désirée van Gorp – Co-Program Director & Professor of International Business The Student Experience

We’re in the right place Our International MBA classes are made Small class size up of highly motivated, ambitious team At Nyenrode, you are not just a number. “Created by business for players with strong entrepreneurial Keeping classes at an intimate size of business, Nyenrode is exactly intuition and drive. Bringing together between 25 to 45 students means that the type of university you’d a world of experience from a wide variety you’ll get a great deal of personal attention expect to find in a country of academic, geographic and professional from our faculty and staff, with informal that had the world’s first backgrounds, you will be stimulated feedback easily arranged at short notice. stock exchange, first central and challenged by a cross-cultural, multi- bank, and first multinational. talented selection of dedicated individuals The small class size and on-campus living Our campus is situated on a with one common goal: to be the business arrange ments also encourage a spirit of 13th-century castle estate leaders of tomorrow. camaraderie with your fellow students. located just 20 minutes from Limiting class sizes naturally ensures that Amsterdam, one of Europe’s The international aspects of your group projects, field trips, and extra- key social, cultural, and experience start with your international curricular activities are more engaging financial hubs.“ classmates and continue from there. for everyone. The international modules, case studies, Prof. dr. Haico Ebbers instructors, and specialization oppor - Company interaction Co-Program Director & tunities all contribute to the international We believe that you can’t learn about Professor of flavor of the Nyenrode MBA experience. business without learning about companies, International Economics This international awareness is critical and the best way to learn about companies for survival in the global economy. is to interact with them. Markets are global and so is the increasing demand for internationally oriented Throughout the course of the program, you management talent. will be exposed to many different types of companies across many different types of industries, in the form of company visits, guest lectures from executives, and specific case studies designed to put your knowledge to the test.

Campus life Class Profile Our students think Living together in the on-campus student Average age: 29 for themselves village also makes it easier to develop those Average years of experience: 6 meaningful, lasting friendships that meld Percentage international students: 85 “Most Japanese students into professional partnerships long after Percentage of male/female students: 70/30 go to US business schools, you leave Nyenrode. Percentage from business but what others do doesn’t academic background: 40 interest me. I visited Nyenrode In addition to the campus facilities them- and I was very impressed with selves, students enjoy the benefits of a its beautiful campus and small very active Student Association. Known Aggregated employment statistics classes. And because most as the NCV (Nieuwe Compagnie van Verre), Percentage of students accepting students live on campus and this association is a self-governing body their first offer: much of the work is done in responsible for all extracurricular Before graduation 35% a group context, it has been activities on campus. In this way, the Upon graduation 30% easier to gain international students organize activities themselves. Within three months after graduation 30% experience and understand More than three months cultural differences too.” There are currently over thirty-five after graduation 5% active committees, ranging from various Hirokazu Nagai sports and leisure activities to more (Japanese, MBA 2005) professionally minded activities such CFO, Allied Architects, Inc. as investing, debating, and networking. In addition, students run their own campus bars and small supermarket. The Academic Experience

We have Core program entrepreneurial spirit The MBA curriculum “The spirit of enterprise Whether or not you have a business-related offer an optional one-week “warm up” is reflected in everything we bachelor degree, the rigorous, intensive module prior to the program that includes do. All of our programs are International MBA program covers a wide a math refresher with statistics. We believe designed with entrepre - range of functional areas to equip you with that the value of this optional program is neurship in mind, and our the necessary theory, and then asks you to that it enables students to master the tools students graduate as quick- apply your knowledge to the reality of the early, so that during the program they can thinking, innovative, and commercial world. focus more on applying than acquiring responsible entrepreneurially knowledge. minded professionals who are Whatever your background, our prepared to successfully curriculum has been designed to inform The “wrap-up” develop and lead their own and to inspire. We carefully design the The International MBA program concludes commercial environments.” content of each module to ensure that the with a special project designed to put your specific knowledge derived from each analytical, practical, and personal Prof. dr. Roberto Flören course can be successfully applied in competencies to the test. More than “just” Professor of Entrepreneurship subsequent blocks and, over the course of a project, this is the ultimate opportunity the program, comprehensively addresses for you to refine the skills you’ve learned each key element in today’s international throughout the program. Regardless of the marketplace. form of “wrap-up” you will choose, you will work on your project under the guidance The “warm-up” of a faculty supervisor. As the program we’ve designed is quite demanding, many of our students are Due to the changing nature of the business world and our commitment to delivering a highly relevant program, please interested in sharpening their skills before note that changes to the curriculum and other program they begin. To support them in doing so, we elements may be made without prior notice.

The Program “warm-up” (optional) core classes Core topics that are typically Choose a focus covered within the program include, but are not limited In 1946, Nyenrode was founded based on worlds related to institutional and interna- to, the following: a spirit of entrepreneurship. Over 60 years tional finance and banking. later we continue to value our freedom to Foundation topics teach and inspire students in the spirit of International Marketing • Accounting for Managers our founders: a strong work ethic combined The International Marketing course • Foundations of Finance with integrity and entrepreneurial spirit are provides further insight intomarketing • Managerial Economics a solid base from which to contribute to and across diffe rent cultures, and strategies for • Corporate Finance lead businesses that are both sustainable determining an appropriatemarketing mix • Business Process and profitable. for global customers. Management • New Product Development It is no coincidence that these same themes Entrepreneurship • Marketing Strategy of Entrepreneurship, Leadership, and Finan - The Entrepreneurship course builds under - • e-Business ce, and Marketing come up time and again standing on the specific needs of entre - when studying successful interna tio nal preneurs and innovative intrapreneurs, business cases. In response, we have woven from opportunity identification to “start- Integrated topics these concepts throughout the program, up” and business plan implementation, in • Entrepreneurship and students who take a particular interest the context of both regular- and family • Business Ethics and in one of the areas may opt to further explore businesses. Sustainability the topic by choosing to follow one of our • Microeconomics of Competitiveness extended focused courses (*Each focused International Leadership • Management Accounting & course requires minimum of 15 students): The International Leadership course Control captures and builds upon the link between • Global Outsourcing & Finance and Banking the creative and strategic elements Offshoring The Finance and Banking course strikes a inherent to successful leadership in • Business Policy Clinic careful balance between the hard and soft internationally oriented organizations. • Mergers & Acquisitions

international study trips focused courses “wrap-up” Flexibility

At Nyenrode you Beyond Academics can fully concentrate on your learning Integrated personal “Here at Nyenrode we’ve leadership program created an environment where you can fully We believe that by enhancing your personal By the end of the program, you will concentrate on your learning. and leadership skills, we can contribute to understand how your own characteristics, As well as living on our your success. as well as those of individuals, groups, work beautiful campus, you will be situations and the organization itself affect provided with all the The degree of personal and leadership the way you and other members (inter)act assistance and support you development largely depends not only on and how this interaction affects the need to make you MBA a person’s capabilities, but also on their organization’s performance as a whole. experience one needs and goals. Through a series of classes, you remember for the lectures, and workshops, we will help you Topics covered throughout the program rest of your life.” identify your needs and define your goals, include: thereby preparing you with the tools you Ewan Townhead need to realize your development potential. • Personal Career Development IMBA Program Manager • Leadership Development With this foundation, we will then lead you • Organizational Dynamics through a leadership development program • Management Communication starting with leading people and teams, through to leading international organizations and even broader networks. Our students turn inspiration into action

Coaches “At Nyenrode, I received a truly global education. During the program, of course you need Personal Coach The entrepreneurship class time to study – but you also need time to Your Personal Coach will help you explore ignited my desire to start look beyond the academics by exploring how you can integrate elements of personal my own software business how your new knowledge and skills can development into your own life. and I’ve been able to leverage enhance your career plans. the knowledge and skills As an alumnus/a, your coach understands I picked up throughout the We know you can’t always do this alone, what you’re going through and can help program to run my company and so each student will have three coaches you frame what you’re looking for next. at Aidmas.” that will help them throughout the course of the program in very different ways: Career Coach Dr. Ken Wong Your Career Coach will provide you with (Chinese / Canadian, Academic Coach valuable advice and support throughout MBA 1998) Your Academic Coach will guide your your career planning process. President & CEO, progress in the academic components Aidmas Corporation of the program. Your coach will guide you in putting your personal development skills to practical As a member of our faculty, your coach can use, and helping to prepare you for the provide insight as you prepare to apply the next stage in your career. fundamentals to real-life business situations. Global experience

We take learning Europe | Americas | Asia to the next level

“In every MBA program, Experiential Learning students learn the basics in a classroom setting. We go We believe that an international During the European module you will gain beyond the basics. To be experience is critical when studying a deeper understanding of the European successful internationally, international business. Three different market and its policies. students need to understand types of study modules will take place how international markets abroad as part of the program – yet another The module in Americas will present shape and direct business way of increasing your global experience. you with the latest development in operations across borders, globalization and the change to the and the best way to gain this Through a combination of faculty-supervised balance of power between nations and insight is to ask the companies course and field work, you will experience their markets. themselves. We provide our for yourself how different businesses can students with the opportunity operate from three current and different For the Asian module you can choose to do just that.” economic markets. either ‘Doing business in India’ or ‘Doing business in China’. Both modules are Prof. dr. Kalun Tsé The content of the modules is influenced designed to help better understand how Professor of Corporate Finance by what is happening in the global business is done in other countries and business world and the details will be cultures through a wide variety of lectures announced on the website once they are by key faculty from partner universities ready for publication. and guest speakers from the industry, as well as company visits, workshops, and Trust us: these will be the most valuable team work during consultancy projects. business trips you’ve taken! Our students gain global perspective

“The MBA gave me critical business tools, laid the The study focus during these international A few of the elements that are built into foundation for my growth modules is on the intercept of inter- the Friday program include: in corporate leadership, national business, leadership, and the and provided me with drivers behind the worldwide standards for • Meet the CEO sessions a global perspective that sustainable organizations: topics relevant • Executive seminar series has been immeasurable in to every business function. • In-company visits my career.” • Career coaching All modules are knowledge and experience • Networking events Khwezi Tiya driven. You will interact with our alumni • Cross-cultural experiences (South African, MBA 1999) and be exposed to industry. • Presentation workshops Executive Manager of • Debating techniques Business Development, • Project management systems Coega Development Corp. Focused Adventures • Consultancy exposure

Fridays are special days in the International Throughout the program there will also be MBA program – not only because they ample opportunity for the class to choose signal the advent of another weekend, but additional elements that fit with the also because most Fridays are reserved for students’ own learning needs and those extra international elements that add objectives. real experience and relevance to many of the concepts covered in class. Alumni excellence

More than just past students, Nyenrode’s alumni are Nyenrodeans for life and are considered to be valuable members of the extended Nyenrode family. They are widely respected for their proactive, globally My Nyenrode MBA has provided minded approaches to challenges in their daily lives me with the skills and knowledge – at work and at home – and are living and working in to take a dream of entrepreneur - over 50 countries around the world. ship and turn it into reality. The Nyenrode Business Accelerator is an ideal place to create a solid foundation to grow my company. With direct access to Nyenrode’s vast resources of professors, students, students, library, fellow entrepreneurs and training seminars, being situated in the Nyenrode Business Accelerator creates an enormous competitive advantage for my company. I was an entrepreneur long before I decided to undertake an David Woolfrey (Canadian, MBA MBA, so I was looking to acquire 2008) - Owner David Woolfrey a real depth of business Enterprise, CEO Johnny Wolfe knowledge, not just a fancy degree. Nyenrode’s MBA was definitely the right program for me given its strong entrepreneurial focus as well as its intensity, which built up my Twenty-five years of teaching business stamina and strategic IMBA students at Nyenrode has direction. As a result, I was able left me with a feeling of immense to boost my career by stepping pride. They are a joy in class, into the global business arena. stimulating their fellow students and their teachers, and then fly Carlos Porres (Guatemalan, MBA to all corners of the world after 2008) - Online Marketing graduation with a license to Director, Quintiq Worldwide operate. I have continued to follow many alumni over the years, as some became brilliant academics, others entered the corporate arena, and many have emerged as entrepreneurs. I even joined the boards of some of their companies, and there and elsewhere I have been pleased to witness their overall spirit of enterprise.

Fred Lachotzki, MBA - Professor of Strategy Sometimes it was about the soft skills required to deal with people, negotiations and leading teams; sometimes it was about the hard skills necessary for Joining the International MBA analyzing and rationalizing program with a background that complex problems and assessing was already highly international, their implications. In both cases, I was amazed by how much more I know that I would not be able there was to learn. My international to do what I do in the way that classmates and the international I do it, without the year I spent focus of the program provided me at Nyenrode. with an opportunity to refine how I see the world, and it is these Mario Vesco (Italian, MBA 2006) new perspectives that enable - Technical Consultant, Sergem me to succeed as an independent Engineering BV consultant, helping global companies realize their strategic goals.

Gijs van den Broek (Dutch, MBA 2007) - Independent Strategic Management Consultant I am confident that the year I spent at Nyenrode will turn out to be one of the most memorable years in my life, not only because it prepared me for the next stage in my career, but also because of the inspiring combination of an intensive yet enjoyable program, a beautiful campus and I had four objectives in choosing neighborhood, interesting my MBA: to sharpen my knowledge international classmates, and of business and finance, to helpful faculty and program understand how to work with and management office. manage multicultural and diverse teams, to develop my network and Quynh Giang (Vietnamese, MBA 2009) to broaden my career options. - Senior Consultant, While all these objectives were PricewaterhouseCoopers Vietnam fulfilled, I benefitted most from Nyenrode’s entrepreneurial spirit , which taught me how to create and find opportunities for myself rather than wait for them to appear. My MBA experience has helped me to understand my Amit Shiwani (Indian, MBA 2008) – professional strengths and Manager, PricewaterhouseCoopers capabilities. This awareness M&A, The Netherlands enabled me to navigate the wide variety of career opportunities I faced after graduation and raised my bargaining power in the marketplace.

Hisma Pratanti (Indonesian, MBA 2007) - Product Marketing Manager, Coca-Cola Indonesia Fees and Expenses

We want a return on The investment you make in the Tuition waivers are awarded based on your investment International MBA program at Nyenrode academic merit. For up-to-date is an investment in your future. information, please consult our “At Nyenrode, we know that website at www.nyenrode.nl/imba. when you commit to starting The returns on such an investment in terms an MBA program, you are of broader career opportunities, greater Non-tuition costs committing to your future. job satisfaction, and higher financial Nearly all of the International MBA students We take your decision to rewards have been demonstrated by the opt to live on campus for the duration of the invest in yourself very success of our alumni time and again. program. Although costs can vary accor - seriously and help prepare ding to your expectations and lifestyle, you to realize a significant Tuition recent graduates say that a good guide for return on your investment, International MBA program € 32,500 rent and living expenses is around € 1,000 both personally and Early Application tuition fee € 29,500 per month for a single student. professionally.” (before 1 May)* Readers and case material ± € 1,250 Living expenses (all monthly) ** Dr. Dennis Vink Large-sized room w/kitchenette € 545 Associate Professor of Other study-related expenses Medium-sized room w/kitchenette € 518 Risk Management Estimated costs for books ± € 1,000 Single-sized room w/no kitchenette € 368 Visa for The Netherlands ± € 450 Partner accommodation € 56 (if applicable) Estimated living expenses € 500 Estimated cost for ± € 2,000 (excl. housing) International study trips Estimated health insurance expenses € 50

Nyenrode has a generous funding * Complete application must be received program consisting of partial and full before 1 May to be eligible tuition waivers for International MBA ** On-campus housing prices are subject students. to a yearly increase on July 1st How do I apply?

Nyenrode takes the application process seriously, as we expect a lot from our MBA We are here to help students. We’re going to be looking for evidence of creative thinking, self-discipline, and emotional intelligence. “Nyenrode’s admissions process is all about assessing how well you and the program You need to show us that you set high Our downloadable application form is fit each other. After all, our standards for yourself, think before you available on our website. Should you aim is to help you achieve act, and work well with those around you. prefer to complete your application in your goals.” We also want to make sure that the Nyenrode hard-copy, please send us an email at International MBA program is right for [email protected] and we will be happy Victoria Bressers you, so before you can apply for the to send you a paper application package. Head of Admissions International MBA, you need to have:

• A minimum of three (3) years of work experience • A university degree or equivalent with an excellent academic record • Fluency in both written and spoken English (taken the TOEFL or IELTS) • A satisfactory score on the Graduate Management Admission Test (GMAT) • Completed an application package, including written essays and letters of recommendation • A selection interview, which takes place after your application package has been positively reviewed by our Admissions Committee s e i v d a

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I believe in Global Leaders I often say leaders understand and value globalization. Leaders inspire others to act in the best interests of shared high-level global strategies and goals while at the same time effectively decentralizing decision-making, innovation processes, and teams. This type of leadership is key to the long-term success of organizations, and I recognize and celebrate that Nyenrode focuses on developing the relevant skills in its International MBA program.

Wim Elfrink Chief Globalization Officer, Executive Vice President Cisco Services

Nyenrode Business University has created an Program dates environment in which students and faculty Academic program: 12 September 2011 – September 2012 are all dedicated to bridging the gap between academic rigor and daily business practice. Admissions deadlines The roots of Nyenrode as a recognized 1 May 2011 – Early Bird Deadline 1 July 2011 (for students requiring a visa) university date back to 1946, when captains 1 August 2011 (for students not requiring a visa) of industry from leading corporations as KLM,

Shell, Unilever, Philips and Akzo took the Please check the website for the deadlines that would apply to you. initiative of starting an educational institute for young, talented, internationally oriented Admissions requirements students looking to become entrepreneurial • At least 3 years working experience leaders. The for business, by business ethos • Bachelor or Master degree guarantees that every element of Nyenrode’s • TOEFL or IELTS research, teaching, and entrepreneurial • GMAT activities takes into account, and builds upon, • Application package the foundation of valuable insights inherited Nyenrode Business University through our shared history. That’s evolution, Straatweg 25 and that’s what has driven business through P.O. Box 130 the centuries and been embodied in 3620 AC Breukelen Nyenrode’s successes for over 60 years. The Netherlands t +31 346 291 291 f +31 346 291 450 e [email protected]

For more information about the program and application procedures, please visit our website at: www.nyenrode.nl/imba

International MBA at a glance