Annual Report ESADE Foundation

ESADE Foundation 2007-2008ESADE Foundation 2007-2008 Annual Report Annual Annual Report ESADE Foundation 2007-2008 Joan Manuel Soler Carlos Losada Chairman of the Board of Trustees Director General “Jesuits and entrepreneurs set in motion an ambitious “The current reality and the impetus of a renewed project to instil strong social and ethical values identity give us fresh hopes in terms of what we should in responsible individuals, educating them to become aspire to become and what we should provide executives capable of managing and improving to all those who are in one way or another connected business and society.” with the ESADE project.”

This Annual Report is a brief After 50 years of history, ESADE executives capable of managing The 2007-2008 academic year On the other hand, it was an In such a special year as this, summary of an academic year is still an extraordinary project. and improving business and was marked by the celebration academic year that was clearly I would like to express our marked by the celebration of Looking back, we have a chance society. I honestly believe that of our 50th Anniversary. geared towards the future. gratitude to all those who made ESADE’s 50th Anniversary. to rediscover and appreciate this foundational idea has This Annual Report shows that the ESADE project possible: It is difficult to accurately ESADE’s founders: A group presided over, and continues On the one hand, we explored ESADE is in a unique position Jesuits, entrepreneurs, our reflect the huge volume of of businessmen and to preside over, the ESADE and updated the traits of our from which to build its future. foundation’s trustees, faculty and activity of such an intensely professionals who sought to project. own identity, which stretches The current reality and the administrative staff, students and active and vibrant institution create an educational institution back to 1957-1958 when ESADE impetus of a renewed identity alumni, the legal and business as our own. Nonetheless, dedicated to serving the For that reason, ESADE’s true came into being. The 2007-2008 give us fresh hopes in terms worlds, and to so many others drawing on examples of society of their time; and who assets lie in the 36,000 plus academic year was characterised of what we should aspire to who have lent their support. the best of this activity, we succeeded in doing so. alumni who have attended our by reflection on and advances become and what we should hope that the following ten institution over the years, in our commitment to quality provide to all those who are in Our thanks go to each and every chapters will provide an idea Convinced of the importance as well as the exceptional teams education based on values one way or another connected one of you for making possible of the achievements, work and of education, they called upon of staff who have formed part, that holistically encompass with the ESADE project. Our task these 50 years of excellence. initiatives of an extraordinary members of the Society of and who continue to form the various dimensions of the is to identify our strengths and And our commitment to the group of professionals working Jesus to organise and direct part, of its administrative staff individual, our commitment to the areas in which we have yet to future: to be an institution that on an even more extraordinary the new centre in view of their and faculty: to all of them, our academic rigour and knowledge make improvements if we are to contributes academic and project. considerable experience in appreciation and gratitude. creation, as well as our build that future. This Report is human value in an increasingly this field at other centres such commitment to dissemination a good basis for doing just that. globalised world. as Georgetown in the United ESADE is an extraordinary and dialogue on socially relevant States or Deusto in our own project. We recently celebrated issues. In short, our commitment country. Consequently, Jesuits our “50th Anniversary” as an educational institution to and entrepreneurs set in motion and our hope is to go on promoting the construction of an ambitious project to instil “Inspiring Futures”. a more dignified and more just strong social and ethical values world in which to live. in responsible individuals, educating them to become 00 Content

1 2 3 Relevant data Mission, raison Training Page 8 d’être and values and job placement Page 12 Page 16

4 5 6 7 8 Research Social solidarity International Alumni. People, structure and knowledge and cooperation vocation ESADE Alumni and resources Page 20 Page 26 Page 30 Page 36 Page 40

9 10 Relationship Communication with organisations and publications and companies Page 50 Page 46 Recognition and support TRH The Prince and Princess of Asturias presided the event in recognition of those who founded ESADE in Barcelona in 1958: A group of professionals and entrepreneurs and the . Inspiring Futures January 2008 nd GRAN DEL LICEO TEATRO Barcelona, 22 1 01 Relevant data International Rankings 12,113 people have taken part MBA 1st International MBA in the various academic programmes The Wall Street Journal, September 2007 Income 2007-2008 8th in the 2007-2008 academic year Best international Total income non-US MBA Number of from various units Forbes, September 2007 international students €70 million 14th Total number of international Law School Best international MBA students registered €7 million € for its social and environmental focus 1,008 Business School Beyond Grey Pinstripes, University Programmes October 2007 87 Countries of origin €14 million st MBA Programmes 21 €14 million € Best international MBA Administrative Financial Times, January 2008 Executive Education & services staff €26 million € EXECUTIVE EDUCATION and faculty th Executive Language Center 10 €4 million Best international 301 administrative business school Corporate Support Units & services staff Business School Executive Law School in custom programmes €2 million € Language Center Business Week, October 2007 22 Countries of origin Vice-Deanship for Research 7,617 participants 888 students st Faculty and Knowledge 3,608 students 21 €3 million University Programmes Unit Executive Masters 534 Combined Best international 124 Full-Time faculty 1,916 students 523 participants 2,415 external English students Undergra-duate and Executive MBA members Master in Law Business Week, October 2007 1,498 Combined 65 Master in Marketing 272 external Spanish students 69% with PhDs Campus Undergraduate and Master Management and Sales 336 Masters and th 794 English, French, German 4 1,155 faculty members in Management postgraduate degrees in Law Barcelona Campus 64 Master in Economic- and Italian in-company Best international 32 Countries of origin 123 Official Masters Financial Management students business school Building 1 28%

in Management (MSc) for Latin American firms 2 34 Master in Operations 127 exchange students who 9,300 m € América Economía, 61 PhD in Management Sciences Management and Services have taken Spanish classes Building 2 22% ( + ESAN Peru) November 2007 Numer of published 22 Executive Master research papers m2 € 15 Master of Research in Marketing and UNIVERSITY PROGRAMMES 7,475 and articles in Management Science Commercialisation 11th Building 3 38% (Bocconi-ESADE) m2 € 219 exchange students Best European MBA New research projects 12,700 157 Master Financial Times, MBA financed externally Campus 8% in Public Administration September 2007 participants 60 € 2,500 m2 712 51 Corporate MBA nd 207 18-Month MBA 2 Research units Campus 4 % 37 Global Executive MBA CEMS Master for the 64 One-Year MBA 17 m2 93 PricewaterhouseCoopers internationality of the 1,487 254 Part-Time MBA Corporate MBA programme and its participants URL Sant Ignasi Financial Times, 187 Executive MBA School of Tourism September 2007 Press summary Number of events Executive Education and participants Centre supported LAW SCHOOL Mentions in the written press 4,466 participants st by Foundació ESADE 1 3,958 € Public events organised 1,348 Open Programmes Best Masters in their speciality: (Spain & ) 221 students 636 € Tax Consultancy and Interna- Op-ed articles 3,118 Custom Programmes Its own activities report is tional Business Law in the written press Number of participants (Spain & Argentina) published at www.tsi.url.edu El Mundo, June 2008 336 38,307

8 / 9 ANNUAL REPORT 2007-2008 Fifty years of history ESADE has been committed to instilling values since its founding as an educational institution. Inspiring Futures 2 02 Mission, Raison d’être and Values ESADE is a non-profit independent academic university institution, The ESADE community declaration of values* Our community founded in 1958 in Barcelona as an ESADE aims to educate individuals with a high level of professional expressed in the values governing our daily coexistence and competence, aware of their responsibilities as national and global academic activity. Those who share these values make up our citizens, sensitive to issues of solidarity and social justice and able Community. initiative of a group of businessmen and to engage in collective projects. To that end ESADE is involved Members of ESADE freely form part of their Community and, in in promoting ‘human qualities’: a combination of knowledge, accepting these basic values, each member should decide on their judgement, balance and depth that generates confident, consistent, own way of putting them into practice. In this climate of freedom and the Society of Jesus. It has formed part reliable citizens capable of living fundamental values. mutual respect, ESADE invites its members to promote actions and behaviours that are consistent with its values. Being part of a university institution such as ESADE should involve This Declaration is open to the changes which may affect our of Ramon Llull University since 1995 an attitude of commitment to its Mission: a commitment that is Community in the future.

Our values Our commitment

The ESADE Community is committed to promoting a set of values consistent with human qualities and Based on these values, academic and professional excellence, values which it aims to use to serve the local and global society members of the ESADE of which it forms part. These values are: Community undertake to act with personal integrity, professional conscientiousness 1. Acting with integrity in 2. Respecting individuals, 3. Valuing diversity positively and social responsibility. academic and professional colleagues and oneself and and learning from differences endeavours. being sensitive to the specific between individuals, ideas Personal integrity Mission circumstances of others. and situations. means that words and actions are consistent with each other, ESADE’s mission is to promote teaching and research in the areas This means behaving, even This means recognising the This means understanding with personal convictions or of Management and Law, in order to contribute to the scientific, in difficult circumstances, dignity of all individuals and that differences of gender, beliefs and with the values social and personal education of individuals who are characterised in a manner that reflects the being able to accompany and socioeconomic status, embodied in the Declaration. by a high level of professional competence and fully aware of their institution’s commitment to help others when needed, ethnicity, culture, language, responsibility in the development of a society that promotes the fundamental values such as working towards building a religion, sexual orientation, Professional conscientiousness dignity of individuals as part of humanistic and Christian traditions, rigour and effort in carrying more just and humane world. physical characteristics and means rigour and effort in and in a context of intercultural dialogue. out activities, honesty, a other differences are enriching carrying out our activities, critical spirit, fairness and a opportunities for learning a culture of effort, continuous sense of responsibility. about other people, the world up-dating of knowledge, Raison d’être and oneself. a capacity for autonomy and cooperation, a transforming As a university-level academic institution, ESADE is committed creativity and a spirit of service to its raison d’être to promote teaching and research in the areas 4. Searching, sharing and 5. Assuming responsibilities and improvement. of Management and Law, in order to: contributing to the common and commitments to create good of the ESADE Community. a more just society. Social responsibility Train people with the highest level of professional competence and means assuming and taking a clear international profile, aware of their responsibilities as citizens This means being aware This means understanding into account the consequences and as professionals. To this end, ESADE addresses the educational that the pursuit of one’s own not only what reality in actual of one’s own decisions and process from a global and integral perspective, as a service to people interests cannot be separated fact ‘is’, but also what it their impact on justice in and to society. from the good of the ‘should be’ based on justice, organisations and society, Community as a whole and a fundamental value both locally and globally. Create and disseminate knowledge based on the critical study this is reflected in attitudes expressed in the Universal of existing knowledge and rigorous scientific research of national of respect and responsibility Declaration of Human Rights. and international importance. towards the Community. envers la comunitat. Encourage social debate with information and proposals on relevant issues and priorities for the future, in order to contribute independently to society’s transformation towards higher levels * This Declaration of Values was approved by the Fundació ESADE Board of Trustees on 24th January 2008, with a favourable report issued by the ESADE management of justice and liberty. bodies, and following a consultation process involving faculty, administrative and services personnel, and student representatives.

12 / 13 ANNUAL REPORT 2007-2008 An educational institution Training individuals with the highest level of professional competence and with a clear international profile, aware of their ESADE Campus Barcelona in responsibilities as citizens and professionals. Inspiring Futures 3 ESADE Campus Buenos in Aires ESADE Campus Madrid in 03 Training and job placement Significant events from the 2007-2008 academic year Focusing on a holistic and • For the second consecutive • Successful launch of the • First edition of the programme Sciences and PhD in year, ESADE was chosen by Global Executive MBA, Corporate Social Responsibility: Management Sciences The Wall Street Journal as the a joint programme between Strategic Integration programmes in recognition humanistic view of the individual, best international business and Competitiveness, a of their scientific and teaching school for MBA programmes, (McDonough School of collaboration between ESADE standards. having analysed the opinion Business and Walsh School and Stanford of some 4,500 companies. of Foreign Service) and ESADE. of Business. The programme, • The Law School participated ESADE promotes its own learning The ranking highlighted the The programme consists of delivered in Barcelona in March, in the creation of the Center “integrity and ability for six eleven-day modules, and was attended by 66 international for Transnational Legal Studies teamwork” of ESADE alumni, is delivered in various cities participants, who rated the (CTLS), based in London, along project to encourage competitiveness as well as the “quality of Career around the world: Washington, programme highly. with other universities such Services” at ESADE. Barcelona, São Paulo, as Georgetown University Law Buenos Aires, Bangalore, • The Ministry of Science and Center, the Freie Universität and responsible organisations • Formal approval of the Madrid, Moscow and New Innovation’s National Agency Berlin, the University of new degree in Law and degree York. The programme started for Quality Assessment and Fribourg, King’s College London, in Business Administration-BBA in Washington in June and was Accreditation (ANECA) awarded University of Melbourne, offered at Ramon Llull University attended by 37 participants ESADE the Accreditation the University of São Paulo (beginning in the 2008-2009 from four continents. of Quality for its Master of and the University of Toronto. academic year). Research in Management

Faculty of Law Executive Language Center Business School

Combined Masters and Executive Combined Masters in Master of Research MBA Undergraduate postgraduate Language Center Undergraduate and Management (MSc) in Management and Master in Law degrees in law Master in Management Sciences Total number of participants Total number of participants Total number of students 712 Total number of students Total number of students students 3,608 Total number of students 123 Total number of students Number of graduates 2,415 external English 534 336 1,498 Participants in international 15 per programme students Participants in international 28 Countries of origin Participants in international exchange programmes Countries of origin 326 exchange programmes 272 external Spanish students exchange programmes 26 outgoing students 9 nationalities 89 18-Month MBA 24 outgoing students 794 English, French, German 189 outgoing students Countries of origin 29 One-Year MBA 56 incoming students Refresher seminars and Italian in-company 205 incoming students 30 nationalities 118 Part-Time MBA Average programme duration and conferences students Average programme duration Executive Masters 48 Executive MBA 42 Executive MBA Madrid 5.4 years 127 exchange students who 6.1 years 18 seminars and conferences Total number of participants Countries of origin Time taken to find first job have taken Spanish classes Executive Education Time taken to find first job 57 nationalities 65% of students find jobs 1,353 participants Total number of classes In the past academic year, 523 before finishing the programme. Total number of participants Participants in international in English, French, German the maximum period taken Number of graduates exchange programmes 100% of students find jobs and Italian to find employment after 4,466 per programme 56 outgoing students three months after graduating. 52,408 hours graduation was three months. Open programme participants 65% of students find jobs 233 93 incoming students Level of satisfaction 1,348 before finishing the programme. 64 Master in Marketing Time taken to find first job 8.2 (out of 10) for classes Custom programme Management and Sales 90% of 18-Month MBA and 8.9 (out of 10) for faculty participants One-Year MBA participants 25 Master in Operations find jobs three months after PhD in Management 3,118 and Services Management graduating. Sciences Participants’ degree 56 Master in Economic- of satisfaction Financial Management Total number of students 4.1 (out of 5) 71 Master in Public in Spain and Peru 61 Companies’ degree Administration Countries of origin of satisfaction 17 Corporate MBA 11 nationalities 4.2 (out of 5)

16 / 17 ANNUAL REPORT 2007-2008 Honoris Causa 2008 James G. March and Henry Mintzberg, awarded the title of Doctor Honoris Causa by Ramon Llull University, in recognition of their significant contributions in the field of Management. Inspiring Futures 4 JAMES G. JAMES MARCH (Canada) Sociologist and Professor Emeritus at Stanford University (United States) HENRY MINTZBERG HENRY Professor University at McGill 04 Research and knowledge ESADE conducts important research for the international Research Units

Institutes academic community and for Chairs Institute of Public Management Its main lines of research are: Chair in LeadershipS Chair of Intangible The Institute of Public • Corporate culture and values and Democratic Governance Assets Analysis our partners in the specific areas Management (IDGP) was • New human resource The field of study of the Chair The main objective of the Chair created in 1993 with the aim of management policies in LeadershipS and Democratic of Intangible Assets Analysis is to contributing towards improving • Occupational health and quality Governance is leadership, investigate the role of intangible of Management and Law public management from the of life understood as a centrepiece assets in creating economic points of view of research and • Job quality in the European in the quest for progress and value for businesses and its management development. Union. social welfare and cohesion in contribution to countries’ GDP. Its main lines of research are: contemporary societies from the Its main lines of research are: • Leadership in the public sector In addition to several major business, social and political • Economic valuation of • Managerial functions in projects and publications, it is dimensions. The Chair develops intangible assets democratic governance important to mention the various links between these three areas • Intangible assets in financial • Non-hierarchical co-ordination grants that have been awarded: and analyses their respective statements in public management two grants for study period institutional frameworks. • Relationships between • Public-private partnerships abroad; funding for a visiting emotional innovation, its • Managerial functions in researcher; and a Beatriu de Pin Of interest is the research protection and enforcement, nonprofit organisations scholarship. project and publications and GDP growth • Institutional frameworks, around the question of “What • Tax issues and innovation: entrepreneurship and markets Institute for Social Innovation Values for Tomorrow?” and Tax authority barriers to GDP PhD programme Academic output • Institutional diagnosis of human Recently created, the Institute for the research project entitled growth. resource management systems Social Innovation’s (IIS) goal is to “Civic Engagement and Social Number of PhD students Journals in the public sector. develop the skills of individuals Leadership”, in addition to the 61 43 articles and organisations within the publication of several issues in indexed journals It is important to note the business and non-profit sectors of “QuadernS de Lideratge”. Level of internationalisation creation of the Partners in order to strengthen their 11 nationalities 19 articles in other relevant Programme, devised to promote activities aimed at creating a Chair of Design Management journals Research projects management development fairer and more sustainable The Chair of Design Books and book chapters and research in the field of world. The IIS produces and Management aims to contribute publicprivate co-operation, disseminates knowledge and towards improving organisations, In-house publications 27 books projects 60 as well as the publication of provides training in the areas companies, products and brands 56 book chapters the book, Los escenarios de la of corporate social responsibility through design management, ESADE KnowledgeBriefings 5 book reviews 10 competitive Human resources national projects gestión pública del siglo x x i (CSR), organisational ethics, a discipline in which the Chair Research Yearbook 07-08 Scientific contributions (Barcelona: EAPC, 2007), NGO management and is an international benchmark. 6 competitive available in Spanish. collaboration between NGOs and Its research activity focuses on Research Bulletins 68 conference contributions 138 staff members international projects 3 editions annually 134 lectures and conferences involved in research activities companies. understanding the conditions 2 working papers 7 non-competitive Institute for Labour Studies Its main lines of research are: that allow for a better integration ESADE Economic Report 79 professors participating 8 case studies publicly financed projects The Institute for Labour Studies • Integration of CSR into and use of design as a key Department of Economics, in the research units (IEL) is ESADE’s oldest institute corporate strategy and its tool for innovation, as a central 4 monographs 36 non-competitive 2 editions annually (founded in 1960). It focuses relationship with stakeholders element in marketing and 9 PhD theses 20 researchers privately financed projects contributions its research on labour relations, • NGO leadership and commercialisation, and as a 24 34 research assistants in PhD programmes 1 competitive human resource management management cornerstone for brand building. 5 awards 5 research technicians privately financed project and the production of scientific • Social enterprise. and supervisors and technical knowledge. It is worthwhile mentioning the It also carries out research Worth mentioning is the agreement with the Art Center 17 research units, into progressing towards a completion of 20 studies and College of Design (Pasadena, 6 of which are recognised by knowledge society with an research projects, as well as California). This was designed the Government of employment model based on the organisation of the to promote joint ventures in professional qualifications 6th Annual Colloquium training, research and guidance and skills, quality of life and organised by EABIS, and held at in design management, and respect for decent working ESADE in September 2007. resulted in the “The Global conditions in an environment of Dialogues: Disruptive Thinking” sustainable growth. event held in March 2008.

20 / 21 ANNUAL REPORT 2007-2008 04 Research and knowledge

Research Units

Centres Research groups Other units

Centre for Tourism Management Entrepreneurship Centre • Specific research on GRACO – Research Group of research. Its main activity OEME – Observatory on Spanish Consortium for Innovation The Centre for Tourism The Entrepreneurship implementation issues: branding for Organisational Learning is focused on the study and Multinational Companies This Unit brings together a Management makes a major Centre aims to promote an and design, low-cost brands, and Knowledge development of technologies in Recently created, the group of academics, from fields contribution in the field of entrepreneurial culture among retail branding, etc. The aim of the Research the field of artificial intelligence. Observatory on Spanish ranging from management to management development and ESADE students and alumni Group for Organisational Some of the lines of research Multinational Companies aims politics, who are interested research in the sector’s main through skill development and Survey Research Centre Learning and Knowledge is directed from ESADE are: to analyse the opportunities and in the dynamic of innovation international academic networks. management. It aims to identify The Survey Research Centre is to research the use and scope • Modelling of automatic learning challenges facing companies from various perspectives: Its main areas of research new opportunities and develop dedicated to measurement in the of learning and knowledge in algorithms and data mining in an advanced stage of strategy, marketing, information include planning the skills necessary to create field of Social Sciences, and, in contemporary organisations. • Use of intelligent business internationalisation based on the systems, operations, sociology, and management of tourism new businesses or business lines particular, to methodologies used It seeks to analyse the complex rating prediction systems analysis of specific experiences. and entrepreneurship, etc. destinations and the within existing organisations. to conduct surveys. It studies the relationship between knowledge • Fuzzy segmentation algorithms Its analysis focuses on: Its interdisciplinary approach management of tour companies. Its main lines of research are: development and improvement and practice, both in terms for customer profile analysis • Investment location factors enables the Unit to redefine • Success factors in business of methods of design, collection, of knowledge generation • Generation and automatic • Managerial strategies innovation theories. Of note is the formation of the start-ups analysis and evaluation of data. and transmission as well as evaluation of alternative • International expansion process CEMS Faculty Group on Tourism • Global start-ups and rapid Additionally, the Centre provides knowledge implementation. knowledge management financing Law School Research Unit and of the Research Group growth strategies support for research conducted Its main lines of research are: processes. • Socio-economic impact Two recently established on Tourism Management • Funding for new businesses at ESADE. • Knowledge and practice: on emerging countries research groups have been set (GRUGET), set up under • Women entrepreneurs Its two main lines of research are: Transfer and transformation Of note is the publication of an • Training and human resource up with the Law School, and the auspices of Ramon Llull • Family businesses, the • Survey design and evaluation • Narratives and management article in one of the world’s most policies their main disciplines are: University to promote research entrepreneurial culture and • Applied survey research. • Knowledge creation models prestigious data mining journals • Innovation and knowledge • Family Law activities in the field of tourism creativity in business. • Research and research IEEE Transactions on Knowledge transfer. • Evidential and Procedural Law management, and also the The Centre participates in management. and Data Engineering. in Civil Jurisdiction. publication of the book Of note is the direction and the European Social Survey Fenómeno low cost. El impacto presentation of two doctoral (ESS), consisting of biennial Of importance is the realisation BuNeD en el factor precio. theses, the participation in and multinational research of international projects, Business Network Dynamics 10 academic conferences, involving 30 countries. It has such as the Laboranova and The Business Network Dynamics ESADE Centre including the Academy of the support of FP6 and FP7 Success projects, funded research group, created in for Culture Industries Management Conference, framework programmes run by by the European Union. In the 2007-2008 academic The Centre for Culture Industries and the publication of 5 articles the European Commission, the addition, GRACO members have year, explores the formation aims to discuss and reflect on in various academic journals. European Science Foundation presented numerous papers and organisation of business the problems of the culture and the major public funding at academic conferences, networks in several areas: industry, identify the challenges Brand Centre bodies of participating countries. including the EGOS and EURAM operations, supply chain, facing the business community, The objective of the Brand In recent years the ESS has conferences among others. information systems, marketing agencies and institutions as well Centre is to create and studied changes in public and organisational theory. as provide analysis tools that disseminate new and relevant opinion and the character of GREC - Research Group Its main lines of research are: meet the needs of the sector. knowledge, in addition European nationals, according for Knowledge Engineering • Integration of supply chain It is intended to be a high profile to providing training and to their social, political and moral Established in 1994 and dimensions centre, dedicated to scientific innovation on brands and their background. recognised by the Government • Extension of sustainable research, training, knowledge management. It is a long-term project, which of Catalonia, the Research Group practices in business networks dissemination and consultancy Its two main lines of study are: received the Descartes Prize for Knowledge Engineering has • Socio-technological in this specific field. • Brand management strategies: in 2005. attracted the participation of development of business trends, construction, economic experts from UPC (Universitat networks Of note is the research analysis, social values and Politècnica de Catalunya) and • Strategy, standardisation and “The Quality of Journalism dimension, and globalisation, ESADE. The multidisciplinary management of information Teaching in Spain”, with etc. nature of its members has infrastructures. collaboration and funding from allowed the Group to work on the Press Association of Madrid. both basic and applied fields

22 / 23 ANNUAL REPORT 2007-2008 Social solidarity and cooperation An academic year marked by ESADE’s 50th anniversary, an entrepreneurial spirit and cooperation. Inspiring Futures THE ESADE 5.0 EXHIBITION ESADETHE 5.0 Historical images for the future THE “FERTHE FER” EXHIBITION The evolution of Management (Bolivia) ESADEFORUM AN E50 EVENT THE E50THE SOLIDARITY CONCERT The St. Ignacio Orchestra Moxos Youth 5 05 Social solidarity and cooperation Events and opinion

ESADE is an institution that Events

Events encourages debate on issues of social 179 112 in Barcelona and economic interest, providing 67 in Madrid Event attendees 17,488 useful insights to global challenges. 14,138 in Barcelona 3,350 in Madrid The institution also endorses various Cooperation and volunteerism Press mentions and op-ed articles cooperation and volunteerism initiatives SUD E50 cooperation: Institute Fundació Arrels for Social Innovation Mentions in the written press The University Development 3,958 Service (SUD) brings together As part of ESADE’s 50th ESADE “la Caixa” training the entire ESADE academic anniversary activities, a programme for NGOs Op-ed articles community’s collaboration collaborative project was The tenth anniversary of the 336 initiatives in various launched with Foundació NGO training programmes development projects. Arrels, a private foundation funded by ESADE (20%) Number of participants: dedicated to providing care and “la Caixa” (35%). Key E50 events and initiatives. “Inspiring Futures” 33 students for homeless people in To date, 363 people from Relationship 7 faculty members Barcelona. Several initiatives 210 NGOs have participated and collaboration were carried out: individual in these programmes. Types of projects: and group volunteer ESADE is an active member Exhibitions ESADE events Major public events • Microcredits International cooperation initiatives (67 volunteers, of numerous associations • Business Development programme including students and staff, and organisations, among ESADE 5.0, historical Photo Contest Inauguration of the Conference: “The scenarios Centres Training seminars for civil images for the future How do you see ESADE? participated in completing a which are: 2007-2008 academic year, of governance in the twenty- • Strategic Consulting society organisations (in Barcelona, Madrid with an inaugural address first century” organised by the census of homeless people E50 Olympics • Legal Assistance in Barcelona); donations of and business executives, • AEEDE (Spanish Association and Buenos Aires) delivered by , Mayor Instituto de Dirección y Gestión delivered by professors of Business Schools) (Can Caralleu) Countries in which projects computer equipment, clothing “FER FER”, an exhibition on of Barcelona and ESADE alumnus Pública (Barcelona) from the SEKN network Open day have been carried out: and blankets; individual • Spanish Brand Forum the evolution of Management “Key leaderships in advanced Round Table: “Financial (to which the Institute for for family and friends Bolivia, El Salvador, Guatemala, and institutional economic • Innovation Board (Science (Palau Robert, Barcelona) Social Innovation belongs) societies”, in Sant Benet markets. Future challenges” Honduras and Nicaragua. donations; and participation Business) think tank to Board of Trustees Assembly in the following countries: de Bages (Barcelona) with the participation of Isidre in Sant Jordi’s Day events, promote innovation in Europe with a speech delivered by st Fainé (la Caixa), Josep Oliu organising street stalls to sell Argentina, , Chile, 1 Corporate Universities • UNIJES (Federation of Jesuit European Commissioner, (), Antoni roses and handcrafts from the Colombia, Costa Rica, Spain, International events Forum (Madrid) University Centres) Joaquín Almunia Castells (Minister of Economy, E50 Foundació Arrels’ workshop. Mexico, Peru and Venezuela. at ESADE Lecture “The responsible • United Nations - Global Colloquia Cycle: Government of Catalonia) Solidarity concert company in the 21st Century”, Compact (Principles for “Memories of ESADE”, with Seminar organised by the • Meeting of the CEMS delivered by Francisco On Thursday, 3rd April 2008, Responsible Management former directors and deans Law School: “Globalisation Alumni giving back Reprieve Globalisation Membership González, BBVA (Barcelona) a concert sponsored by Education and the Spanish and Human Rights” Committee (Madrid) Global Compact). The National Plan for R&D Fundació ESADE, was held ESADE Pro Bono Alumni Agreement between ESADE E50 Lecture: “Vision, • STEP Project for Family (2008-2011), presented by in the incomparable setting Consultants Law School and the Reprieve Also, a significant number Acknowledgments leadership and transformation”, Enterprising European Summit Mercedes Cabrera, Minister of the Basilica of Santa María 52 alumni participants Foundation to collaborate of ESADE professors and (Barcelona) delivered by Alex Rovira del Mar in Barcelona. The 8 projects • SEAT Workers’ Democratic of Education and Science on the legal defence of executives are actively (Asturias) St. Ignacio Moxos Youth • Annual Symposium Memorial in recognition of (Barcelona) Participating Companies: convicts sentenced to death involved on boards of Orchestra of Bolivia performed of the European Academy ESADE’s Institute for Labour • ADSIS in the United States who lack directors, boards of trustees, Tras las huellas de Loma Santa. for Business in Society Studies • Fundación Ared the financial resources for governing boards and EABIS (Barcelona) E50 around the world • Casal dels Infants del Raval adequate representation. advisory boards of a variety • Alares Foundation Award • Fundación Comtal ESADE students can conduct of businesses, professional • Global Dialogues: Disruptive to the reconciliation of work, E50 celebrations • Educación Sin Fronteras their practicum with a stay associations, public agencies, Thinking, in collaboration with family and personal life in Argentina (Buenos Aires), • Greenpeace of between two and four foundations and non-profit the Art Center (Barcelona) France (Paris), United States • InteRed months at law firms organisations, both nationally • Mobile 2.0 (Barcelona) (New York and Washington) • Ulls del Món specialising in this problem. and internationally.

26 / 27 ANNUAL REPORT 2007-2008 Internationalisation An academic institution with an international vocation and increasing presence worldwide. Inspiring Futures 6 06 International vocation ESADE Campuses THEMIS Academic Members Joint Executive Education Programmes 3. Università Commerciale Luigi Bocconi. 1. Barcelona Campus 1. Freie Universität Berlin. 1. McDonough School of Business. Milan, Italy 2. Madrid Campus Berlin, Germany Georgetown University, 4. Universität Saint Gallen. 3. Buenos Aires Campus 2. Université Paris XII. Paris, France Washington D.C., USA St. Gallen, Switzerland ESADE is a global academic 3. Università Commerciale Luigi Bocconi. 2. Stanford Graduate School of Business. Milan, Italy Stanford University, California, USA 4. ESADE Business School. institution, which promotes the Barcelona, Spain internationalisation of its activities both in teaching and in research

nd

ESADE is part of a global environment, and this is reflected in the International international background of its participants, faculty, staff, business exchange and academic partners, as well as the various initiatives in which participants it is involved. To that end, we carry out global projects, such as: Combined Undergraduate and Master in Management The consolidation of the multicampus approach, with the growth and expansion of activities at the Buenos Aires, Madrid and 189 outgoing Barcelona ESADE campuses. 205 incoming International networks The consolidation of academic relations with major universities Combined Undergraduate and business school partners in the areas of Management and Law. and Master in Law and agreements The launch of the ESADE Global Executive MBA (GEMBA) in 24 outgoing Exchange agreements conjunction with Georgetown University is the most important 56 incoming with international universities innovation in this field. MBA 137 The expansion of the alumni network through creating chapters 56 outgoing CEMS Network and ESADE Alumni delegations in 26 countries worldwide. 93 incoming ESADE Alumni strengthens and adds value to our network Community of European of national and international relations. International Weeks Management Schools CEMS Academic Members 11. Michael Smurfit School of Business. 21. University of Sydney. 4. Goizueta Business School. 1. Copenhagen Business School. University College Dublin, Dublin, Ireland Sydney, Australia Emory University, Georgia, USA 15 PIM Network Copenhagen, Denmark 12. National University of Singapore. 22. University of Economics. 5. McCombs School of Business. Partnership in International 2. Corvinus University of Budapest. Singapore Prague, Czech Republic University of Texas at Austin, Texas, Budapest, Hungary 13. Norwegian School of Economics 23. Wirtschaftsuniversität Wien. USA Management 3. École des Hautes Études and Business Administration. Vienna, Austria 6. Cornell Law School, Cornell University, International International ESADE Alumni Commerciales. Paris, France Bergen, Norway 24. Chinese University of Hong Kong. Ithaca, New York, USA Themis Network 4. Escuela de Graduados en Administración 14. RSM Erasmus University. Hong Kong, China 7. Duke University School of Law. students faculty and staff The Joint Certificate y Dirección de Empresas (EGADE). Rotterdam, the Netherlands 25. . Tokyo, Japan Duke University, Durham, Number of alumni living in International Tecnológico de Monterrey, Mexico 15. St. Petersburg State University 26. Richard Ivey School of Business. North Carolina, USA and working outside Spain 5. ESADE Business School. School of Management. University of Western Ontario, 8. Universidad ESAN. Lima, Peru Total number International faculty and Business Law Barcelona, Spain St. Petersburg, Russia London, Canada 9. Indian School of Business. of international students 6. Faculdade de Economia da Universidade 16. Stockholm School of Economics. 27. . Beijing, China Hyderabad, India 13 % 5,840 Strategic alliances: registered in the programmes Nova de Lisboa. Lisbon, Portugal Stockholm, Sweden 10. Fudan School of Management. 13 countries represented International presence HEC in France, Babson 7. Fundação Getulio Vargas - 17. Warsaw School of Economics. Main Academic Partners (among others) Fudan University, Shanghai, China 1,008 College and Georgetown Escola de Administração de Empresas Warsaw, Poland 1. Harvard Business School. 11. Guanghua School of Management. International administrative 95 countries de São Paulo. São Paulo, Brazil 18. Universitá Commerciale Harvard University, Boston, Peking University, China Total countries and service staff University (McDonough 8. Helsinki School of Economics. Luigi Bocconi. Milan, Italy Massachusetts, USA 12. HKUST Business School. International chapters School of Business and Walsh Helsinki, Finland 19. Universität St. Gallen. 2. Babson College. Hong Kong University of Science of origin 14 % and delegations 9. IAG, Université Catholique de Lovain. St. Gallen, Switzerland Wellesley, Massachusetts, USA and Technology, Hong Kong School of Foreign Services) Louvain, Belgium 20. Universität zu Köln. 3. Weatherhead School of Management. 13. Penn Law. University of Pennsylvania countries represented 87 22 30 in the United States 10. MES, London School of Economics. Faculty of Management, Economics Case Western Reserve University, Law School, Philadelphia, USA London, United Kingdom and Social Sciences, Cologne, Germany Ohio, USA

30 / 31 ANNUAL REPORT 2007-2008 06 International vocation International Rankings

MBA 1st International International MBA Associations The Wall Street Journal, September 2007 International associations 8th of which ESADE is a member Best international 16 non-US MBA Forbes, September 2007 EFMD European Foundation for Management Development 14th AACSB International Best international MBA International Advisory Board The Association to Advance for its social and Collegiate Schools of Business environmental focus The ESADE International MEMBERS Hanneke C. Frese Xavier Mendoza Beyond Grey Pinstripes, Advisory Board is an essential Former Director President of the International CLADEA Michael C. Jensen October 2007 driving force behind the of the Capabilities Group, Advisory Board and Associate Consejo Latinoamericano de Professor Emeritus international dimension of the Zürich International Company Director General, ESADE Escuelas de Administración st in Business Administration, 21 Business School. Through their (Switzerland) Harvard Business School Carlos Losada EDAMBA European Doctoral Best international MBA contributions, the members of (United States) Alex O. Lendi Director General, ESADE Programmes Association in Financial Times, January 2008 this Board offer ESADE their President and CEO of Lis Management and Business support in three complementary David Risher Eugenia Bieto Programmes Triple Crown EXECUTIVE EDUCATION International Company Administration and interrelated areas: Former Senior Vice-President Corporate Deputy Director International th (Liechtenstein) with international 10 of Amazon.com (United States) General, ESADE EUDOKMA European Doctoral Innovation companies Accreditation Best international Philippe Louvet School on Knowledge To promote innovation Christine Lagarde Jaume Hugas business school Director of Corporate and universities and Management in syllabus and research Former Chair of Baker Director of Executive Education, European Quality in custom programmes Development and Training, activities from an international & McKenzie’s Executive ESADE IAJBS International Improvement System (EQUIS) Business Week, October 2007 L’Oréal (France) CEMS Master perspective. Committee (USA) Association of Jesuit (1998, 2003 and 2008) Glòria Batllori in International Management st and French Finance Minister Bernard Ramanantsoa Business Schools In 1998, ESADE was the first 21 Relevance Executive Director 23 CEMS academic members Dean of HEC School business school in Spain Best international To ensure that ESADE responds Bernard Castaing of MBA Programmes, ESADE CEMS Community of of Management (France) 4 CEMS associate and one of the first in Europe Executive MBA to the current and future global Former World Vice-President European Management Colin McElwee academic members to obtain the European Quality Business Week, October 2007 needs of business and society. of Beauty Care, Mario Vaupel Schools and International Improvement System (EQUIS) Director of Corporate Marketing, 56 corporate partners Procter & Gamble Director of ERGO Management Companies th Impact ESADE accreditation awarded 4 (United Kingdom) Akademie (Germany) by the European Foundation To respond to the foundational MSc Double PIM Partnership Best international for Management Development goals of ESADE and to have Xavier Ferran Ingo Zuberbier Degree Programmes in International Management business school (EFMD). for Latin American firms an impact on the future global Partner of Lion Cabdal Former Vice-President 4 AMBA The Association América Economía, development of executive (United Kingdom) and Former of Lintas World Wide The Association to Advance of MBAs November 2007 management training. CEO, Bacardi (United States) (Germany) PhD in Management Collegiate Schools Sciences: EABIS European Academy of Business (AACSB UNIVERSITY PROGRAMMES Programme delivered jointly of Business in Society International) (2001) th with ESAN-Peru In 2001, ESADE was the first 11 International 2007-2008 GMAC Graduate Management Best European MBA business school in Spain 1 Admission Council Financial Times, Delivery International Nationalities and the seventh in Europe MBA September 2007 language students EMBAC Executive to receive Association to Double Degree Programmes MBA Council Advance Collegiate Schools nd 2 Undergraduate Degree in Management Spanish / English 6% 25 9 UNICON International of Business (AACSB CEMS Master for the International) accreditation Themis University Consortium for internationality of the Master of Science Programmes in Management (MSc) English 89% 23 for the quality of its The Joint Certificate in Executive Education programme and its participants undergraduate, Master and International and Business Themis Financial Times, Master of Research in Management Sciences (MRes) English 87% 9 PhD programmes. Law The Joint Certificate September 2007 4 in International The Association Doctoral Programme in Management Sciences (PhD) English 74% 15 and Business Law of MBAs (AMBA) LAW SCHOOL International Executive (1994, 1999 and 2004) st Full-Time MBA Programmes English 98% 34 ELFA European Law 1 Education Programmes ESADE MBA programmes Best Masters in their speciality: Faculties Association Programmes with international have been accredited by Tax Consultancy and Global Executive MBA (GEMBA) English 75% 9 universities BALAS Business Association the Association of MBAs International Business Law 7 of Latin American Studies (AMBA) since 1994. El Mundo, June 2008 Undergraduate Degree in Law Spanish / English 7% 18

32 / 33 ANNUAL REPORT 2007-2008 ESADE Alumni Annual Conference The Annual Conference was held in Barcelona’s Gran Teatro del Liceo and presided over by TRH The Prince and Princess of Asturias. Inspiring Futures JOAN MANUEL SOLERJOAN MANUEL Chairman of the Board of Trustees 7 ISIDRE FAINÉ ISIDRE JORDI HEREU Mayor of Barcelona former President Caixa” of “la President of ESADE Alumni GERMÁN CASTEJÓNGERMÁN 07 Alumni. ESADE Alumni ESADE has a network of over 36,000 alumni, who practice professionally in the main social and economic sectors in 95 different countries ESADE Alumni in figures Communication 2007-08 2006-07 % GROWTH ESADE Alumni The ESADE Alumni network ESADE Alumni Magazine The magazine is published No. members 13,022 11,225 14% quarterly and sent out to over ESADE Alumni is the ESADE alumni association. 13,022 members 10 territorial clubs: No. events 457 325 29% Andalusia, Eastern 31,000 alumni worldwide. Its main objective is to provide value for alumni, ESADE 300 graduating class Andalusia, Western It is available in Spanish, and society at large: representatives No. attendees 20,819 14,651 30% Aragon Catalan and English and Encourage networking among alumni through forums, 550 alumni actively collaborating Asturias includes interviews and lectures and meetings in addition to promoting recreational in Alumni initiatives Balearic Islands current affairs articles, as well and sporting activities. as special offers for members. 2007-2008 % Canary Islands 30 chapters It also offers related ACADEMIC YEAR GROWTH Facilitate the updating of knowledge through continuing Community of Valencia and international delegations: information on all the activities programmes, Matins -Desayunos ESADE and lectures. Galicia Girona organised by ESADE Alumni. Events Attendees on 2006-07 Support the professional development of alumni through Argentina Lleida Career Services. Austria 2008 Annual Newsletters Graduating class 59 2,107 146% Benelux countries 20 functional Support ESADE and its reputation in business conference • e s a d e a l u m n i : Brazil and sector-specific clubs: Published fortnightly, Sport and culture 16 945 111% and international environments. Chile Automobile The Annual Conference, this newsletter includes an Facilitate the contribution of talent management China Business and Information held in Barcelona and Madrid, e-calendar with updated Chapters 87 1,620 91% Colombia to solidarity projects. Technology is the most symbolic event information on all planned Costa Rica Business and Social organised by ESADE Alumni. activities in addition to reports Books 3 264 87% Dubai Responsibility It is attended by businessmen on initiatives and events that Ecuador Business Angels and women, professionals, have already been held. Functional and 104 6,079 50% France China and Global Business alumni and leading economic sector-specific clubs • c a r e e r s e r v i c e s : Germany Communications and social figures from around Published fortnightly, with Matins - Desayunos 18 1,624 50% India Culture Industries the world. In 2008, the information on all activities Israel Health and Pharma conference was attended organised by Career Services. Continuing programmes 27 1,831 40% Italy Human Resources by 2,200 Alumni members Japan Insurance in Barcelona and more than • c l u b e s a n d c h a p t e r s : Annual Conference 3 2,755 37% Mexico Law 500 in Madrid. Newsletters addressing Peru Family Business sectors and functionality. The Barcelona event, held Territorial club 40 1,346 30% Portugal Financial Management at the Gran Teatro del Liceo, Russia and Control was presided over by TRH Other publications Career Services 59 1,282 -5% Switzerland Marketing • Service Company Directory The Prince and Princess Turkey Operations of Asturias. During the event • Forums 2 284 -69% United Kingdom Public Management Financial Services Directory the ESADE Awards were USA - Chicago Real Estate • Law Club Directory delivered to those who Alumni Giving Back 10 643 USA - Los Angeles Sports and Management founded ESADE 50 years ago: • Annual Report USA - Miami Tourism Management the Society of Jesus and Network of networks 29 39 USA - New York Vicens Vives USA - Washington a group of professionals and Website TOTAL 457 20,819 48% Venezuela businessmen from Barcelona. www.esadealumni.net

36 / 37 ANNUAL REPORT 2007-2008 ESADE is people People with a different way of doing things, with distinguishing values and a humane and pluralistic April 2008 vision of organisations and society. st Inspiring Futures E50 REUNION former director generals, deans and professors Barcelona, 21 May 2008 anniversary th th EVENT HELD JOINT MEETING JOINT December 2007 th Madrid, 27 of the Board of Trustees Barcelona, 20 to markto ESADE’s 50 and the Professional Advisory Board 8 08 People, structure and resources The ESADE culture is geared towards learning, knowledge and innovation, and is based on responsibility, commitment and mutual recognition

ESADE staff as Administrative Faculty Management Campus of August 31st 2008 and services staff 124 full-time management Board of Trustees Executive Committee Carlo M. Gallucci Barcelona Campus Total number of personnel and law faculty faculty Executive Director m2 83 men (27.5%) Joan Manuel Soler Pujol Carlos Losada 29,475 of University Programmes 511 members 218 women (75.5%) 13 nationalities Chairman Director General Building 1 Jaume Hugas 9,300 m2 301 administrative Ignasi Salvat Ferrer Xavier Mendoza Average age PhDs (69%) Director of Executive Education and services members 86 Vice-Chairman Dean of the Business School Building 2 years 39.3 74% AQU/ANECA (until 15th February 2008) Glòria Batllori 7,475 m2 210 faculty Josep E. Milà Mallafré Countries of origin accreditation faculty Associate Director General Executive Director Secretary Building 3 43 members of staff (from 18th February 2008) of MBA Programmes 14 part-time faculty 12,700 m2 Members: 14% of total Alfons Sauquet Ramon Garcia 38 visiting faculty Melecio Agúndez Agúndez Vice-Dean of Research Administrator Madrid Campus 22 nationalities Alfredo Bassal Riera 689 academic assistants and Knowledge and Executive Director Artur Carulla Font 2,500 m2 Persons participating (until 15th February 2008) of Human Resources, PAS 8 honorary professors Pere A. Fàbregas Vidal in training Dean of the Business School Pedro Fontana García Belén Marín Buenos Aires Campus 162 professional development 3 emeritus professors (from 18th February 2008) Juan José López Burniol Executive Director 1,487 m2 71 languages 218 visiting executives/faculty Pedro Navarro Martínez Pere Mirosa of Academic Services Dean of the Law School Joan M. Nin Gènova Ramon Aspa 70 Executive Language Xavier Pérez Farguell Eugènia Bieto Executive Director of Center teachers Manuel Raventós Negra Corporate Deputy the Executive Language Center 45 professors Eugenio Recio Figueiras Director General Francisco Longo and academic assistants Mario Rotllant Solà Alfredo Sáenz Abad Marcel Planellas Faculty President 9 countries of origin Secretary General Josep Oriol Tuñí Vancells Enrique López Viguria Manel Peiró Technical Secretary Academic Vice-Dean

40 / 41 ANNUAL REPORT 2007-2008 08 People, structure and resources

Economic information Resources

Growth in income Statement of results Income expenditure Balance Technology Digital library Subscription and _Untitled and innovation access to journals 2004-2005: Total income Training-education ASSETS 68,523 users Is the title of the ESADE €44 million €54 million€(77,14%) Fixed assets employee magazine and €70 million € ICT User Services 11,320 loans 485 published editions 2005-2006 Personnel expenses Research €62 million€ one of the institution’s main 870 computers 2,076 new books 7,589 digital €50 million -€37 million€ €6 million€(8,57%) channels used to express Net fixed assets General expenses 144 faculty websites 83 resource and SIC Observatory its corporate culture. 2006-2007 Social solidarity and action (*) €59 million€ -€26 million€ database training sessions Publication of 134 bulletins €60 million €6 million€(8,57%) 2 medialabs created Launch: Financial fixed assets Operating surplus with 1,260 partcipants November 2006 Superplus €3 million€ 17 new systems 2007-2008 €70 million before amortisation 9,300 e-format publications €4 million€(5,71%) development projects Research Release: €7 million Current assets Quarterly 25,200 systems users 466,556 library website hits and teaching support Amortisation TOTAL €70 million €25 million€ Languages: Income 2007-2008 -€3 million€ 6,500 incidences resolved Receivables 1,020 consultations Spanish, Catalan and English Operating surplus €10 million€ Total income ESADE Guíame! to Research Guidance (*) Social action New services introduced €4 million€ Temporary financial investments Service (RGS) €70 million € Career Services management Non-operational profit or loss €7 million€ Business information portal ESADE Training Student scholarships portal: ESADEjobs 3 research bulletins published Law School -€1 million€ and grants Cash 586,720 hits during €7 million € Contributions to foundation Faculty CV ESADEtraining is the the academia year €857,000€ €8 million€ 2008-2011 staff training University Programmes, €1 million€ management application Grants to groups 5,725,705 web pages plan, launched by the Human Business School Surplus TOTAL € million New Executive Education that support ESADE 87 consulted Resources Department’s €14 million€ portal € million Training & Development Area. 4 €890,000€ 50 presentation sessions MBA Programmes LIABILITIES Automated management It offers custom training Internal training €14 million € Own funds of academic events 28 events, attracting over for professional groups based €538,000€ 2,500 participants Executive Education €33 million€ on the needs and technical €26 million € Development aid Foundational funds + reserves 7 sector-specific flashes skills of each participant, €715,000€ €29 million€ Academic in English and is a vehicle for the Executive Language Center transmission and consolidation Financial year results €4 million € TOTAL €3 million€ management of core values. €4 million€ Corporate and Support Units Social solidarity 44,000 user consultations €2 million € Distributable income Events and seminars 5,827 registrations managed Vice-Deanship of Research dedicated to social debate €2 million€ and Knowledge €3 million Long-term creditors 140 reports available €3 million million€ €5 52 classrooms managed Short-term creditors 200,000 digitalised documents €47 million€ Anticipated payments and income €31 million Other debts €16 million€

TOTAL €87 million

42 / 43 ANNUAL REPORT 2007-2008 ESADE Campus - Creapolis The new Sant Cugat campus, designed to facilitate interaction between academia and business innovation, and built in accordance with criteria of sustainability and accessibility. Inspiring Futures 9 09 Relationship with organisations

and companies Contributions to ESADE: Increase in civil society support for social solidarity and educational projects Nearly forty-five companies and organisations support ESADE’s will award an annual grant to a student from the Bachelor in Business founding purpose through the Corporate Relations Programme, Administration-BBA programme. This pioneering initiative represents With the support of civil society, with a total contribution amounting to almost 1.3 million euros. a new phase in alumni cooperation. The creation of the large corporate donor model has culminated in a commitment of more than 2 million euros. Over the past three Designed to channel contributions from individuals and organisations, ESADE’s solidarity with educational years, total contributions have increased by 260%, reaching ESADE’s assets fund provides annual funding for research projects a global commitment of almost 5 million euros in the last year. and scholarships. This formula makes it possible to plan and manage Such commitment can also be seen among ESADE alumni. in the long term, while, at the same time, offering security during and social issues is kept vibrant For the first time in ESADE’s history, the Lic&MBA Class of ‘88 has times of uncertainty. been behind the creation of a scholarship fund in perpetuity, which

as we aspire to do even more Companies, organisations Affiliates • Fundació Barcelona Cultura • Bayer Hispania and individuals who have • Crédito y Caución • Fundación Miarnau • BBVA supported ESADE’s foundational • FIATC • Fundación FAES • Bimbo purpose through the Corporate • Miguel Torres • Fundación Instituto Edad y Vida • Caixa Catalunya, Fundación in these fields Relations Programme • Fundación Prevent • “la Caixa” Senior partner Companies and organisations which • Grup CLADE • Caixa Manresa, Fundació • Agrolimen have contributed to specific projects • Hesperia • Caja Madrid • ESADE Alumni RESEARCH AND TRAINING • IBM • Cámara Oficial de Comercio, Industria • “la Caixa” y Navegación de Barcelona Partner Main contributions • LOCALRET • Caprabo • Cementos Molins • Abertis Infraestructuras • Orden Hospitalaria de San Juan • Catalana Occidente, Grupo • Clickair • Accenture • Summa Comunicación • CELSA, Grupo • Gas Natural SDG • AEEDE • Vodafone • Ciments Molins • Grupo Celsa • Agrolimen ESADE Advisory Board Law School Professional Advisory Board • Clickair • Panrico • Asociación de la Prensa de Madrid TALENT ATTRACTION • Cobega • Repsol YPF • BBVA Juan Arena Manuel Márquez • AAMC Abogados • Garrigues, Abogados Main contributions • Damm, Fundación • Cámara Navarra Former President, Bankinter CEO, AMPER y Asesores Tributarios y Asesores Tributarios Senior investor • Cresa Patrimonial • Danone • • Grupo Celsa • • • Abertis Fundació Banc Sabadell • Deloitte President, ESADE Professional Abogacía General del Estado Gay-Vendrell Advocats • Iván Martén • Endesa DKV • • Endesa Red Management Advisory Board en Barcelona Gómez Acebo • Other Senior Vice-President Directing • Grupo Comsa Egarsat • • ESADE Alumni • Allen & Overy & Pombo Abogados, SL • Deutsche Bank • Grupo Sntander Fundació Caixa Sabadell Maite Arango Partner, Boston Consulting Group • • FMC Foret • Arasa & De Miquel • Jausas • Fundació Jaume Bofill “la Caixa” Vice-President, Grupo Vips • ISS Facility Services • Freixenet, Fundació Amparo Moraleda Advocats Associats • JGBR Horwath Abogados • Fundació Lluís Carulla INFRASTRUCTURES AND SERVICES • Nestlé España • Fundación Miarnau - Grupo Comsa José Ramón Arce President, IBM Spain, Portugal, • Baker & McKenzie Abogados y Asesores Tributarios • Fundación “la Caixa” • Cementos Molins Investors • Gas Natural SDG Former President Greece, Israel and Turkey • BDO Audiberia Estudio • KPMG Abogados • Fundación Agbar • Figueras International Seating • • Goldman Sachs Accenture • and CEO, Lilly • Fundación AVINA • QlikView Jurídico y Tributario Landwell • • Henkel Ibérica Vicente Moreno Acsa Sorigué • ICEX • Brosa Abogados PricewaterhouseCoopers • • Hewlett-Packard Española Santiago Bergareche President and CEO, Aramark • Inter Partner Assistance España Fundació ESADE Assembly Members y Economistas • Manubens • • IBM Vice-President, Grupo Ferrovial Accenture España Bacardi España • Izasa Individuals • • • La Llave de Oro Brugueras, García Bragado, & Asociados Abogados Bayer • Merck Sharp & Dohme España • Albouy Martí, Joan Miquel Anna M. Birulés Juan José Nieto • • • Laboratoris Dr. Esteve Molinero y Asociados Mazars & Asociados BBVA • MicroBank “la Caixa” • Borràs Duran, Pere Vice-President, President, HSM Group • • Mapfre Cataluña i Baleares • Bufet Antràs, • Pedrosa Lagos Caixa Manresa • Portevro – Serviços de Apoio • Brugera Clavero, Juan José • Metalogenia Renta Corporación Advocats Associats • Pérez-Llorca • Caja Madrid Ignacio Polanco às Empresas, Unipessoal, LDA • Espiau Espiau, Manuel • • Miguel Torres • • Cobega • Clifford Chance Abogados Roca Junyent PricewaterhouseCoopers • Fàbregas Vidal, Pere-A. Luis Conde President, Grupo Prisa • • Nestlé España Danone • • Cuatrecasas Abogados Advocats Associats Randstad • Gallardo Ballart, Jorge President, Seeliger y Conde • • Novartis en España, Grupo Francisco Román Deloitte • • Deloitte Abogados • Sagardoy Abogados Repsol YPF • Guarner Muñoz, Francisco • • Panrico Rafael de Ramón CEO, Vodafone España Esteve • Sociedad Estatal para la Promoción y Asesores Tributarios • Uría Menéndez • Iglesias Sitjes, Jaume • Penteo ICT Analyst • FMC Foret y Atracción de Inversiones Exteriores Director General, • • • Khalo Glykidis, Esteban D & G Advocats, SL Ventura Garcés • Fundació Puig • PricewaterhouseCoopers Saint Gobain Canalización On behalf of ESADE: • Masó Vázquez, Enric • Ernst & Young Abogados & López-Ibor Advocats • Fundación Agbar Other • Puig, Fundació • Autoridad Portuaria de Barcelona • Pérez Farguell, Xavier • Miguel Fernández de Pinedo Carlos Losada • Font Abogados y Economistas • VIALEGIS Asesores Legales • Fundación Caixa Catalunya Quadis • Caixa Manresa • Pugès Cambra, Antoni M. • Vice-President, Club de Director General • Freshfields Bruckhaus y Tributarios • Fundación Damm Repsol YPF • Cámara de Comercio Americana • Riera-Marsá Llambí, Federico • Deringer • Grupo Catalana Occidente Roca Corporación Empresarial Industria, Tecnología y Minería • Vidal Arderiu, Ignasi M. Pedro Navarro • Grupo Mahou San Miguel en España • Santa&Cole • Antonio Garrigues Deputy Chairman, Fundación • Grupo Novartis en España Cámara Oficial de Comercio, Industria Legal entities • Santander, Grupo President, Garrigues Abogados ESADE Board of Trustees • Henkel y Navegación de Barcelona • Abertis • Unilever • • IBM Consell de Treball, Econòmic i Social • Accenture • Werfen Group y Asesores Tributarios José M. de la Villa • Metalogenia de Catalunya • Agbar, Fundación Director of Institutional • Juan Pablo Lázaro • Penteo ICT Analyst COPCA • Agrolimen • Executive President ASM Relations and Secretary of the • Santa & Cole EABIS • Aramark • ESADE Advisory Board ECR Europe • Bacardi España • Eplicsa • Banc Sabadell, Fundació

46 / 47 ANNUAL REPORT 2007-2008 Communication and publications A growing presence in the digital and printed media at home and abroad. Inspiring Futures 10 10 Communication and Publications Books and publications ESADE research units frequently publish their scientific work in During the 2007-2008 academic year, ESADE and publishers a variety of academic journals and special reports as well as in books Belloch launched the new Biblioteca de Gestión as part of the ESADE As an institution ESADE focuses and general publications. Fondo collection. on three main activities: teaching,

DEPARTAMENTO DE ECONOMÍA research and debate; and significant 1er semestre 2008 INFORME[07] social impact is produced through ECONÓMICO Análisis y previsión de la coyuntura económica de la zona euro La intervención económica de China en África Con la colaboración de: Las mayores compras apalancadas (LBO) en España La productividad y los resultados the output from each of these areas de la agenda de Lisboa as a result

Off-line and on-line media Newsletters, magazines and website

ESADE is continuously featured in the press. This press coverage takes the form of articles, features on lectures and events, research ESADE promotes the creation of on-line newsletters and printed ESADE’s website, which has also been translated into Chinese, includes national, international, on- and off-line media, and often and book presentations, and presence in major rankings, etc. magazines as a means of internally and externally disseminating has now become a basic platform for communicating with the rest knowledge and research in order to produce significant social impact. of the world. National press International press Newsletters Websites

EMPREGO Um índice para o mercado de trabalho

OIPP antecipaem 6mesesas necessidades de recrutamento de quadros de topo para as empresas

S i m o n D o l a n director na ESADE Business School M a r i o R a i c h presidente da empresa inglesa Learnità “Esta crise traz grandes “É urgente desenvolver oportunidades” um novo estilo de vida”

Información generada para: ABC (EDICION CATALUÑA) 23/01/08 ‘‘ ‘‘ BARCELONA Prensa: Diaria Tirada: 13.640 Ejemplares Difusión: 7.907 Ejemplares Página: 48 Sección: Documento: 1/2 Cód: 17597117 Amaia Aramendia looks at the advantages of international diversity in pre-experience masters

International perspectives at home and away I

“...there is no denying the exhilaration of working (and studying) in a truly global environment, in your own c o u n t r y , continent or even further afield...”

On-line editions Magazines

50 / 51 ANNUAL REPORT 2007-2008 Acknowledgments

The team responsible for coordinating and publishing this Annual Report expresses its gratitude and appreciation to all those who have lent their support and collaboration towards making this project a reality. This Annual Report has been drafted with the greatest care and rigour. Please send comments or suggestions for improvement to enrique.lopez@.edu

This document has been printed using environmentally-friendly paper produced from sustainable forestry initiatives.

Graphic design: Gonell Comunicació Printing: La Trama BARCELONA Pedralbes Campus Av. de Pedralbes, 60-62 08034 Barcelona (Spain) Tel.: +34 932 806 162 Fax: +34 932 048 105 Sant Cugat Campus Avda. de la Torreblanca, 59 08172 Sant Cugat del Vallés Barcelona (Spain) Tel.: +34 932 806 162 Fax: +34 932 048 105

MADRID C. de Mateo Inurria, 25-27 28036 Madrid (Spain) Tel.: +34 913 597 714 Fax: +34 917 030 062

BUENOS AIRES Av. del Libertador, 17175 Becar-San Isidro (B1643CRD) Buenos Aires (Argentina) Tel.: +541 147 471 307 www.esade.edu