Posts Tagged ‘MBA’
ESADE Moves up 3 places in the Economist MBA Ranking
Consolidating its place in the top 20, ESADE’s MBA has been ranked 17th in the world and 5th in Europe by the Economist today. Based on information given by the school and on alumni surveys, the ranking analyses different aspects of the MBA programme such as career progression, educational experience (faculty, diversity, peer group, etc), potential to network and salary increase. ESADE was ranked in the top ten for jobs found through the careers service, student diversity and increase in salary.
The school starts working on MBA students’ career development paths from their very first day on campus, with much of the MBA induction week involving giving students the tools to decide where they want to be post MBA and help them get there. Twice a year ESADE holds on-campus career fairs, such as the MBA Career Forum to be held later this month where companies a diverse array of sectors come searching for ESADE’s top MBA talent.
ESADE has also been looking at new ways to get the best career opportunities for students, working closely with them, not just on an individual basis, but with the student clubs and other initiatives. One such initiative is the student-organised Innovation Summit, where companies will challenge MBA’s to brainstorm and ideate solutions for their real-life business issues, as well as presenting some of the biggest issues around innovation in their sectors.
ESADE’s flexible 12, 15 or 18-month full-time MBA draws participants from 56 different countries, 81% of whom are from outside of Spain, who together speak 20 different languages and have an average of 5.6 years of work experience. The school has seen an increase in applications since the launch of the new format two years ago, in part due to the attractiveness of flexible format in uncertain times.
Gloria Batllori, Executive Director of the ESADE MBA said, “We are delighted to have moved up the Economist ranking again this year, it reflects some of the hard work of the team in meeting the needs of participants and recruiters, in addition to our highly proactive approach to career services.”
You can find the full ranking information here: http://www.economist.com/whichmba/full-time-mba-ranking
The school is rated as 7th in Europe, 20th worldwide
The Economist’s 9th MBA ranking, published today, analyses different aspects of the MBA programme such as career progression, educational experience (faculty, diversity, peer group, etc), potential to network and salary increase. With this latest ranking ESADE is now rated as a worldwide top twenty business school in all the intentional ranking published on the sector. In the Economist ranking the school was particularly recognized for its excellent work in career services over recent years.
In terms of opening new career opportunities, ESADE was rated the number two school in Europe thanks to its highly proactive approach. The school starts working on MBA students’ career development paths from their very first day on campus, with much of the MBA induction week involving giving students the tools to decide where they want to be post MBA and help them get there.
“ESADE graduates tend to work in a wide variety of sectors post-MBA, this diversified recruiter base has meant that we haven’t seen the huge drop in graduates placed three months after graduation that some more finance-focused schools have experienced” said Dee Clarke, Director of MBA Career Services. “At ESADE we have also been looking at new ways to get the best career opportunities for students, part of this working more closely with them, not just on an individual basis, but with the student clubs and other initiatives. Our careers office is not a stand-alone service, but part of the network of opportunities within the MBA.”
ESADE’s flexible 12, 15 or 18-month full-time MBA draws participants from 45 different countries, 81% of whom are from outside of Spain, who together speak 20 different languages and have an average of 5.6 years of work experience. The school has seen an increase in applications since the launch of the new format last September, in part due to the attractiveness of flexible format in uncertain times. This year’s students, who started at ESADE this month, will not have to decide on the length of their programme until March 2011.
Dee notes, “MBAs are designed to invite participants to see situations from different perspectives and at ESADE we encourage this transformation process. It makes sense then for the structure of the programme to support this and allow students to take time out to think about where they really want to be and then decide whether it is best for them to do an internship, go on international exchange or get back to the workplace as soon as they can.”
Addressing some 500 participants from the ESADE MBA classes of 2010 and 2011, of 46 nationalities, ESADE Professor Javier Solana, asked them to not only to concentrate on their careers, but focus also on the globalised world in which we live. “Geopolitics will be very important for your future life” he stated.
In his first address as professor of ESADE, Javier Solana touched upon some of the issues that are changing the geopolitical landscape. Firstly he highlighted the transfers of power between countries and within countries post financial crisis, pointing out the changing roles of non-state actors, as well as the shift caused by population growth and the transfer of GDP, from West to East. Also on population changes, he highlighted, “By 2020, half of the population of Africa will be under the age of 18 years of age. This has massive implications for all of us. We all need to be aware of it.”
“The world of today is a multipolar world without sufficient multilateralism—and this is very difficult to handle” Prof. Solana said. He went on to explain that Europe has a long history of multipolarity dealt with by war, rather than multilateralism. He continued that the creation of the EU was a positive consequence of this, but that now we must build a structure of governance that will protect peace throughout the world.
Prof. Solana called for global solutions to global problems, a profound change in mindset and the involvement of all new countries in world governance. “The G7 and G8 are obsolete, it is important to change the structure of governance to better reflect reality.” He noted that the institutions created post-war, particularly the IMF, World Bank and the WTO must be transformed. “Brazil, China, India, etc must be incorporated” he said, “it makes no sense, for example, for Belgium to have the same number of votes in the IMF, as China.”
Focusing on the key challenges for the future Prof. Solana first discussed poverty. “It is true that globalization has produced many benefits for many people.” he stated, “in China, a vast number of people, more than the entire population of the US have risen out of poverty in the past three decades, large parts of the country still lives below the breadline … Do not forget that poverty is not only unacceptable, but will become a source of instability for everyone in the future: we need to solve the issue.” He advised.
The second fundamental problem Prof. Solana highlighted is the proliferation of Weapons of Mass Destruction. “Iranian President Mahmoud Ahmadinejad’s 20% uranium enrichment program will cause difficult consequences for the region and the world” he noted. The other major issue he pointed out was climate change. “This is a real and extreme problem” he began, “we have to organize the world in such a manner that every country is willing to do its part to cut CO2, it is not enough for a few to try… we must see how we can solve this problem today, not tomorrow. It will only get worse. We mustn’t stifle China’s and India’s development with these measures, but we must cut CO2 emissions.” He called for “Responsible Sovereignty” noting that states cannot just do what they want in this arena.
Following Prof. Solana’s address, Dean of ESADE Business School, Alfons Sauquet opened the floor to questions. An MBA participant from Nigeria got the ball rolling by asking about Prof. Solana’s views on terrorism. “It is an important challenge we must all be aware of” Prof. Solana responded, “Terrorism is never acceptable. We must combat terrorism and also look into the reasons that make someone becomes a terrorist.”
Other questions focused on Chavez, the current situation in Israel and Palestine, the future of developmental aid, the role of the IMF, the accession of Turkey to the EU and the role of China in the coming decades, among others.
Concluding Prof. Solana said “Carry these ideas close to your minds and hearts. It is people like you and institutions like ESADE who can make a difference, we are global citizens, we must engage and commit to the problems of the world at large. There are many, but there are also many solutions. I hope you will be part of these solutions.”
ESADE Business School is the best place in Europe to study Marketing and Corporate Social Responsibility within the MBA, according to the Financial Times Global MBA Ranking Published this week. The school was ranked number 5 in the world for Marketing, number 7 for corporate Social Responsibility and number 19 worldwide. As a top twenty school, ESADE is positioned among other leading Asian, American and European business schools.
Committed to Corporate Social Responsibility since its foundation over 50 years ago, ESADE boosts an extremely active Social Innovation Institute that organises some twenty focused events throughout the year and involves a large number of the school’s professors. CSR themes are woven through many of the core MBA courses and students can choose to broach them further through elective courses. In Marketing, MBA students follow two core courses and have 11 electives related to marketing to choose from. ESADE has a large Marketing Management Department as well as a Brand Centre which aside from producing research, organises the annual Brand Centre Awards for new innovative brands in Spain.
The ranking also places the ESADE MBA in second place overall in Career Progress, which measures participants’ evolution in professional status other the 3 years following graduation. “Our training in soft skills is key reason our graduates do so well in this part of the ranking” states Gloria Batllori, Director of ESADE’s MBA, “We focus on ensuring our MBA’s know how to manage complexity and are able to rise to the challenge of a changing environment. They are used to working in international teams, discovering the strength of each person and coming up with strategies to make the most of them. Recruiters often remark on the fact that ESADE MBA’s are used to a collegiate environment, not ‘every man for himself’ approach adopted by other schools. This means that our graduates often progress quicker up the ranks of the companies they join, since they act in the best interests of the company.”
With 87% of this year’s ESADE MBA class is from outside of Spain a fact reflected in the school’s rank in terms of international mobility post MBA (7th worldwide). Hailing from some 47 countries and having fulfilled the school’s “Global Mindset” admission requirement (generally implying that they have had significant exposure to cultures other than their own) participants arrive in Barcelona with a pretty good idea of what life outside their own country is like. “In the one or two years they are with us at ESADE these ideas are contrasted, honed and applied to business through contact with their international cohort and professors as well as exchanges, study trips and summer internships” explains Batllori, “by the time they graduate most are keen to put their international management skills to the best practice, even if this means moving to a new country.”
If you would like to see the full ranking click here
You’ve got a great business idea, and you’ve taken it as far as you can without some kind of investment, you need to tap up your connections to help you get that meeting with a VC or angel investor, you just went down to pick up a coffee and you’re on your way back up to your floor with the best networked guy you know, it’s time to roll out your elevator pitch. You have three minutes to convince him that this is a one-in-a-million idea that will make him or his contacts money…
This is the pretext behind the ESADE MBA Elevator Pitch Contest held this week, organized by the ESADE Entrepreneurship Club and sponsored by Hard Rock Café. Pitching in front of their peers and a panel of judges, the ten finalists put forward innovative ideas such as: new approaches to advertising on food packaging; a system to deal with organic waste; rapid repair of grounded aircraft; tailor-made suits sold via an interactive social networking site; a way to ensure you get the right baby in IVF treatments; a new way of selling houses; a higher-return, lower risk microfinance project in India; a network to help you settle in to a new city better; a solution for parking problems in Barcelona and a new mobile payment system enabling ‘cash’ payments to be made by mobile phone.
The panel, comprising ESADE MBA Alum turned venture capitalist for Active Capital Partners, Blair McLaren and ESADE Entrepreneurship professor, Jordi Vinaixa, rated the pitches on the viability of idea itself, the potential market, the strength of the team, the possible competition and the presentation itself – criteria used by VC firms when considering projects to invest in. Mr. McLaren also gave participants an insight into how and what to pitch to VC’s as well as an overview of their project selection process.
Winner’s technology developed by UAB scientist met at ESADE’s Innovation Speed-dating event
Second year MBA student from the US, Eric King was declared the winner for his project, “Cell Tag” based on technology allowing a human egg cell to be tagged during IVF treatment. He noted that with increasing numbers of couples wishing to start a family later in their lives, this is a rapidly growing market, citing recent stories of baby mix-ups he highlighted that “couples will see the cell tagging as a kind of insurance against getting the wrong child.” The technology was developed by a scientist at the Autonomous University of Barcelona, who King met at the Innovation Speed Dating Event held at ESADE last month.
In second place was Tobias Caldeweyher with “MAC Mobile Payment System”. Caldeweyher, a second year MBA student from Germany, talked of a world of charging mobile phones with cash, leaving pockets free from the weight of small change. The strength of his team particularly impressed the judges, comprising as it does a Japanese mobile technology expert, a Spanish marketer and a German e-commerce specialist, all current MBA students at ESADE.
Third prize went to second year MBA student from Portugal, Pedro Martinho, for his concept “Aircraft on Ground”. Based on a niche in the market discovered during his previous experience as an engineer, Aircraft on Ground would offer a quick and efficient solution to the expensive problem of having grounded aircraft, greatly reducing the amount of time they are out of service.
“More and more MBA students are looking towards entrepreneurship as a viable option post MBA and we want to encourage them through these kinds of events to help them see it as a possibility. Many of us have dabbled in entrepreneurship, so it’s also about sharing experiences” says President of the ESADE Entrepreneurship Club, Saurabh Prakash Mishra. “It’s also great there were two projects in the Elevator Pitch that have come out of the Innovation Speed-Dating Event we organized.” The next step in the process is ESADE Business Angels Network to be held in a couple of weeks, where participants will have the chance to pitch their ideas to the ESADEAlumni Business Angeles Club.