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EMBA, Part time MBA in Europe

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Cinni

Joined: 07 Aug 2008
Posts: 1
EMBA, Part time MBA in Europe
Thu Aug 14, 2008 10:59 AM
Hello all,
this website is great.... I am still a bit lost when it comes to choosing B-schools though. Can any of you give me some hints? I have 11 years experience (8 yrs Big4 audit and advisory as well as 3yrs telecom), strong academic background and ACCA. My top choice is IE Business School that I have applied to. I would like to apply for one more program, just in case, but don’t know which one? I am based in Amsterdam and looking for a flexible but reputable EMBA or part-time MBA program that I could complete without relocating. I am close to the airport so flying isn’t an issue.. I found several good programs but most of them require lots of on campus time. I can push for max 30 to 40 working days off for MBA. I looked at Manchester, RSM, Cass and their ranking but I am not fully persuaded about these programmes... would welcome some helpful ideas..

best,
Cinni
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a_mukerjee


Joined: 08 Sep 2006
Posts: 211
EMBA, Part time MBA in Europe
Sun Aug 17, 2008 04:49 PM
Hi Cinni,
I see you have the profile to apply to the best MBA programs, thats great!

Let me understand you right: You don't want to move to do your MBA, but attend the classes by flying there every time?
In that case, you have a quite narrow choice of part-time MBAs, because many of the top schools don't offer that, and also, the part-time formulas usually require weekly courses all year long. A Distance Learning MBA would be a better solution then a part-time MBA.

But anyways, I think an EMBA would be more suitable for you, looking at your experience. Watch out, there are very different solutions from one school to another regarding time required on campus, more or less flexible, which will often be too heavy for you.

Maybe a good Dutch EMBA, why are you not convinced of RSM? The timetable of their EMBA is very practical, only Friday night and Saturday, that would fit perfectly with your job.

Best, Attiya

[Edited by a_mukerjee on 17 Aug 2008]

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jkloren


Joined: 20 Feb 2007
Posts: 13
EMBA, Part time MBA in Europe
Mon Aug 18, 2008 01:11 AM
Cinni,

As you probably know already, that blended in-person and online format is usually called a "Global Executive MBA" (or some similar name) and there are quite a few of these programs (Sorry to contradict you, Attiya). Of course, IE calls their program the International Executive MBA (IXMBA). I just finished the IE IXMBA. It's an extraordinary program!

In general, the Global Executive MBA format is great because it allows you to have a truly global cohort. Mine consisted of 32 students representing 21 nationalities and living on five continents. It also allows you to manage your time as best as possible given that pesky must-work-while-completing-the-program Executive MBA stipulation.

Programs in the Global Executive MBA format also have the benefit of being able to attract the very best professors. Here's the proposition: Show up in-person a couple times a year, teach an international group of senior professionals, be anywhere you want most of the time. Not a bad gig! One of our professors was a Harvard Emeritus professor who taught the online portions from the U.S. Virgin Islands and from the Balkans where he was doing consulting. (Cinni, as you probably know IE has even greater flexibility in professorial staffing than other schools because it does not have a tenure system. I consider this one of the school's key competitive advantages.)

Back to your question about other programs in this format that might warrant consideration:

1, Trium. FT ranked #2 globally. Get an Executive MBA from 3 great schools--NYU, LSE, HEC Paris. 50 days out of office (OOO) over 16 weeks.

BTW, is your 30 to 40 days out of office a per year number, or a fixed target regardless of the program duration?

2. Duke (Fuqua). They pioneered the Global Executive MBA format. 50 days OOO over 18 months.

3. Chicago GSB. My notes say only 3 weeks OOO (2 in Chicago and 1 in Singapore). All of my figures are about 18 months old, so please double-check them if you decide to take a further look at these programs.

I spent about 6 months researching EMBAs and interviewing alumni from the programs that made my finalist list. Please let me know if you have any specific questions or if there is any way that I can be of help to you. It's a huge decision!

Best of luck!

Julian

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a_mukerjee


Joined: 08 Sep 2006
Posts: 211
EMBA, Part time MBA in Europe
Mon Nov 17, 2008 07:46 PM
Hi Julian,
No contradiction here, that is what I meant: EMBAs. I was referring to regular part time MBAs, not many top schools offer that possbility.
Thanks for the interesting input, those EMBAs seem to be perfectly adapted to senior professionals, continuing in their challenging career besides the studies. That is what I was thinking about for Cinni, I just couldn't come up with more figures.
Out of curiosity: What is the tuition for the program you did, IXMBA? Besides, as you have finished your program can you tell me what has been the substantial benefit for your career?
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jkloren


Joined: 20 Feb 2007
Posts: 13
EMBA, Part time MBA in Europe
Wed Dec 31, 2008 07:28 PM
Hi Attiya,

According to www.ixmba.ie.edu/pdf/FeesAndFunding.pdf the IE Business School IXMBA currently costs €52,100. I can't remember what it cost me in Euros (June 2007 to July 2008 cohort), because I was earning in very-weak U.S. dollars at the time, so the number was quite a bit bigger ;o)

For a program that's been ranked by FT in the top 5 EMBA programs globally for the last 4 years, that's a real bargain. The IXMBA is substantially cheaper than any of the other EMBAs in that elite club.

Regarding your question about "the substantial benefit for [my] career":

First, I should disclose that my reasons for pursuing an EMBA were fairly atypical. I have my own company, and was not looking for a job or career change. Instead, I merely wished to evolve my professional practice--from designing & delivering innovative, enterprise-scale I.T. solutions to management consulting with a focus on innovation management & effectiveness. I had also been communicating more with the CTOs and CMOs in recent years, and wanted to get better at putting together compelling presentations for CEOs (strategy) and CFOs (finance).

I do feel that my presentation and rhetorical skills were dramatically improved through the program. I also gained a broad and deep understanding of the current best practices in operational management. Unfortunately, the MBA curriculum does not yet include much about innovation management, but that will change over the next few years as the field becomes better defined.

Actually, I am contributing to the better definition of best innovation management practice. Since graduating, I have completed about 60% of a book on innovation management. If you'd like to get a taste of some of the topics and ideas that will be discussed in the book, you can see some presentations that I put together on SlideShare -- www.slideshare.net/jkloren

I expected that I would be able to change my consulting practice after completing the book. However, that change has already happened -- about 18 months ahead of schedule! Currently my largest client is Fox Interactive Media. I am working with the executive team of one of their divisions to radically improve their success rates at delivering innovations that enjoy broad and long-term adoption.

As I mentioned, I'm not looking for a job. But the EMBA certainly has improved the offers that I get. For instance, I was offered a Principal Architect position (essentially the Chief Architect of a new practice area) in a multi-billion-dollar consultancy. I was also offered a CSO position (Chief Strategic Officer) in a fabulous, highly-profitable, bleeding-edge software company. I have to admit, these offers are exceedingly tempting! Before the MBA, I would regularly get Chief Architect or CTO offers from SMEs, but not offers at this level or working in these more strategic capacities.

I hope that was the kind of information you were looking for. If you have any additional questions, please let me know.

Are you enrolled in an MBA?

Best of Luck and Happy New Year!

Julian

[Edited by jkloren on 31 Dec 2008]

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JohnnyL

Joined: 26 Sep 2008
Posts: 86
EMBA, Part time MBA in Europe
Fri Jan 02, 2009 11:33 AM
Hi,

Since I seem to be the expert for Germany in this forum, I would like to recommend the ESSEC & MANNHEIM Executive MBA and The Kellog & WHU EMBA. Both have a moderate price but they are highly ranked in the FT EMBA ranking. Mannheim seems to be the school with the closest ties to the Big4 in Germany and the best education in that area. In cooperation with the Big4 they also offer an Executive Master of Accounting and Taxation.

However, in the Netherlands RSM is a very good choice.

Best,
JL
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