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Master of Business Administration (MBA) Academic year 2020-2021
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Page 1: Master of Business Administration (MBA) Academic year 2020 ... · Innovation Week The Innovation Week is held in Maastricht and combines interactive workshop activity, interspersed

Master of Business Administration (MBA)Academic year 2020-2021

Page 2: Master of Business Administration (MBA) Academic year 2020 ... · Innovation Week The Innovation Week is held in Maastricht and combines interactive workshop activity, interspersed

Three different formats to accommodate your needs

FLEXIBILITY

If your situation changes or you miss a course due to circumstances, you can join one of the other formats

FULL-TIME MBA

• 1 year• Full-time in Maastricht• Intense, multicultural class

experience• Company visits and guest lectures• Personalized career and

personal development track• Possibility to stay in the Netherlands

for one year after studies to find a job (orientation year permit)

• Extra-curricular and social activities• Innovation Week• Customize through a range of

business oriented or industry focused specializations

EXECUTIVE MBA

• 2.5-4 years• Part-time in Maastricht• Multicultural class experience• 4 modules/year (seven 8-days

modules and one 13-days module) • Focus on assignments: immediate

application of your knowledge and skills to your job/business

• Company visits and guest lectures• Customize through a range of

business oriented or industry focused specializations

ONLINE MBA

• 2-4 years• Study in your own time and location• Weekly assignments help you

to stay focused• No exams • Fully online or, optionally,

some courses on campus• Customize through a range of

business oriented or industry focused specializations taking place at MSM in Maastricht

• Stay connected through the interactive discussion forum

Three different formats to accommodate your needs

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Our MBA

Offering you flexible options to achieve your career goals

Maastricht School of Management (MSM)

Founded in 1952, Maastricht School of Management is one of the oldest and most international business schools in the Netherlands. MSM offers research- driven and internationally accredited MBA, MSc and MM degrees, as well as many shorter professional and executive courses. It is located in the beautiful historical city of Maastricht in the Netherlands - right in the heart of Europe. MSM maintained its European Tier One MBA ranking in the 2019 CEO Magazine Global MBA Ranking. MSM’s MBA program is ranked in the top 10 in Western Europe according to the 2019 Eduniversal Ranking, making it the #2 in the Netherlands. Around 1,000 students graduate every year from MSM’s programs, and MSM alumni occupy top positions in business, government and academia.

03

The Master in Business Administration (MBA) of Maastricht School of Management is an experience in the essence of organizational leadership and entrepreneurial management in a fast-changing, multi-cultural and global business environment.

Benefit from immediate results

Our MBA takes a practice-oriented approach, focusing on putting your newly gained knowledge and skills into your daily professional and personal life. Immediately from the first course you can apply what you have learned during the interactive lectures, practice-based assignments, work visits and guest lectures (on-campus MBA programs). You round off your MBA degree with a final project, either an academic research paper, a business plan or a business consultancy project. This will offer you the opportunity to apply your knowledge and skills directly to real business problems or issues which companies are facing today.

Customize your MBA

The MBA is generalist management program, but at MSM you can also challenge yourself by choosing from different specializations to fully align your MBA with your career ambitions. Or perhaps you want to move outside of your comfort zone and develop yourself in a completely new area.

Develop your hard and soft skills to manage effectively and responsibly

Pursuing an MBA is more than just theory, it is also about developing your Soft Skills (sometimes referred to as ‘Complex Skills’). Throughout the MSM MBA program you will be challenged to develop skills in the area of intercultural communication, team leadership and collaboration, critical thinking, creativity, problem solving, self-awareness, resilience and time management. Moreover, with MSM’s MBA you will not only get the knowledge, tools and skills to manage effectively, but you will also gain a deeper understanding of how to manage responsibly. MSM subscribes to high ethical standards in business and strongly promotes corporate social responsibility (CSR) and sustainable development. We subscribe to the Principles for Responsible Management Education (PRME).

Join our diverse and global network

You will share your MBA experience with fellow students coming from different countries around the world and having different cultural and professional backgrounds. You will learn from experienced professors coming from and teaching around the globe. This not only adds to your learning experience but will help to significantly grow your international network. As one of the oldest and most international business schools in the Netherlands, MSM has built a huge worldwide network of students, alumni and partners - an interesting network to tap into and to be part of.

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“ The global economy requires managers with a global mindset. Meet and work with managers and professors from around the world and gain a unique international perspective that only MSM’s MBA can offer.”

Stuart J. Dixon, PhD, Academic Coordinator Global MBA programs

Program reputation

The MBA of Maastricht School of Management is inter-nationally accredited, which means you can be assured that the program meets high global standards. Three bodies that accredit MSM’s MBA programs around the world are AMBA, IACBE, and ACBSP. Only a select few business schools enjoy these. For instance, only 2% of business schools have the coveted AMBA accreditation. Additionally the full-time MBA, Executive MBA and Online MBA conducted in Maastricht have NVAO accreditation. MSM holds institutional accreditation from ATHEA. MSM’s MBA is ranked European Tier One MBA in the 2019 Global MBA ranking from CEO Magazine. Additionally it is ranked #2 in the Netherlands and #10 in Europe, according to Eduniversal’s 2019 Best Masters ranking and draws on MSM’s 67-year experience in management and business education. The MSM Online MBA is ranked #4 in the world in the 2019 CEO Magazine Global MBA ranking, and the MSM Executive MBA is ranked #6 in the world. In 2014 and 2016, MSM was a finalist for the prestigious Association of MBA’s (AMBA) Innovation Award.

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05MSM EXPERIENCE• Unique multicultural experience• In the heart of Europe• Hands-on learning through case-studies,

group work, class discussions and company visits

• Excellent international faculty• International alumni network of over

20,000, with many having top positions in business, government or academia

• Highly ranked and multiple-accredited MBA in flexible formats

• Different specializations to align the MBA with your career ambitions

ENTREPRENEURSHIP• Start own business (in near future or long-term)• Learn to think “outside-the-box”• Apply entrepreneurial skills to your job• Option to do Business Plan as final thesis project

SKILLS• Management skills• Leadership skills• Critical Thinking• Knowledge about specific

topics such as finance and accounting, innovation, marketing and strategy, digital transformation

CAREER• Career Growth• Career Change• Networking opportunities• MSM Career and Personal

Development Track

MSM EXPERIENCE

SKILLS

ENTREPRENEURSHIP

CAREER

Why?

“ MSM gave us the opportunity to listen and to learn from a wide diversity of academics with different professional backgrounds and, most importantly, with a solid cosmovision; not only on how to run a business from their field of expertise but also on how to see ourselves and how to see life itself: a deep, wise cosmovision that only years of experience and a serious commitment to their careers can offer. More than just an academic experience, this program was an enriching personal and professional experience as a whole thanks to all those pieces of life advice. When I realized that, I knew I took the right choice of business school.”

Gina Montero, Peru MBA 2018

“ Pursuing the MBA at MSM has been a great opportunity for me to prepare myself for the competitive job market. MSM’s position in the heart of Europe offered me the opportunity to not only gain knowledge in class and get introduced to the great culture of The Netherlands but also to learn more about intercultural processes and different international society behaviors. Studying at MSM has helped us to be able to adjust quickly to different backgrounds and cultures of people in the working environment.”

David Pata Saung, Indonesia Auditor BKP Indonesia MBA 2017

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Job areasNationality06MSM Full-time MBA

The MSM full-time MBA is a one-year program conducted at the MSM campus in Maastricht. You will have full day classes, consisting of interactive lectures, individual and group assignments, work visits and guest lectures.

Designed for professionals preferring the full MSM student experience

Joining the full-time MBA program means that you can enjoy all benefits of studying full-time at the MSM campus in Maastricht. Besides the regular classes and activities we offer you the following:

Skills Development

Career and Personal Development TrackAt MSM we recognize the importance of our Career Services, and we have created a special optional Career and Personal Development Track (CPDT) to help our students achieve their goals. The CPDT aims at providing you with the tools necessary to help you find a job upon completion of your MBA degree at MSM. Throughout the year, you will train your soft-skills and prepare yourself for a successful career. Personal development training is also integrated in some of the courses of the curriculum.

What you may expect • Networking events, a.o. Corporate Week• HR managers coming to talk to you• Collaboration with regional corporate partners that are

specifically looking for international / foreign students • CV book published by MSM that we will send to our corporate

partners to facilitate the recruitment of our students • Job fairs that take place throughout the Netherlands• Business challenges, company visits and guest speakers• Various trainings including CV and motivational letter writing

for the Dutch market (along with individual feedback sessions), presentation skills, training on how to approach the Dutch market, LinkedIn and video resume, and elevator pitch workshops

• Individual self-awareness and self-development coaching• Holistic life balance trainings (e.g. mindfulness, healthy living,

stress management).• Participation in student competitions.

A typical MSM full-time MBA class* Students: 30Gender: male 60%, female 40%Nationalities: 20Age range: 24-40, average age: 32Work experience range: 3-15 yearsAverage work experience: 8 years

Start: September

Duration: 1 year Full-time

Language: English

70 ECTS = 1960 hours study load

* Data based on average figures 2017-2018

18

18

9

42

86

6

2417

5 24

Sales & MarketingFinanceGeneral ManagementHROperationsConsultantEngineeringITLogisticsOther

AsiaAfricaLatin AmericaNorth AmericaMiddle EastEurope

1162

33

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After graduating from the full-time MBA program at MSM, you may be eligible for an orientation year permit. This means you can stay in the Netherlands for one year in order to search for a job as a highly skilled migrant. If you find a job in the Netherlands, the work permit process is designed to be much easier for graduates of MSM’s full time program.

Innovation WeekThe Innovation Week is held in Maastricht and combines interactive workshop activity, interspersed with lectures from guest speakers leading innovation and innovation management across various business sectors. The course consists of two modules:

Agile Project PlanningAgile has emerged from its software development roots into a discipline used worldwide across all business sectors. In order to maintain competitiveness in today’s faster paced and more complex environments, companies need to be able to master continuous change and are looking for agile and adaptable new employees to meet this task. This course covers the emergence of the agile movement, agile tools and through workshop activity, course members will experience value driven development in support of a customer in various scenarios. At the end of this module, students will have experienced scaled scrum in a non-software development environment and will be able to offer this as an extra skill set to future employers.

Service Design“When we have 2 coffee shops right next to each other, selling the exact same coffee at the exact same price, service design is what makes you walk into the one and not the other, come back often and tell your friend about it.” (See 31 Volts “Service Design”). The Service Design module builds on the agile module and requires course members to be capable of working in teams to combine the design of a system and its processes to offer a holistic service to the customer. The course will cover research, ideation, prototyping, process and management, including service design tools, customer journey and process mapping through scenario based learning. On completion of this module, participants will have a good understanding of Service Design fundamentals and be able to apply it in the workplace to improve or create new services.

Social and networking activitiesThroughout the program MSM organizes various activities for professional and social networking, such as:• Debate nights• International student dinner: prepared by all students

on the MSM campus• Movie nights• Participation in the European Sustainable Development

Week• PechaKucha night, introducing and performing the

PechaKucha presentation format.• Student - Alumni events

“ During my one-year MBA journey, I was able to build a strong understanding of structures and dynamics of global industries, enlarge my knowledge and application of current technologies and demand developments, and gained profound exposure to 19 different nationalities that were part of my class.”

Yvan Gatoto, Rwanda MBA 2018

“ With a purely legal background and an ambition to change my career path, pursuing the MBA provided me with new ways of thinking and allowed me to gain a broad range of new skills; both soft skills and technical skills in areas outside of Law. This was incredibly valuable in placing myself in the best position to successfully make the transition into a career in finance in which I find myself today.”

Vincent van Biljon, Namibia Advisor Ernst and Young MBA 2016

07

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MSM Executive MBA

The MSM Executive MBA is a part-time program designed to balance the pressures of work with study. Classes are conducted through eight modules which can be completed in 2 years, however you can take longer if needed.

There are four modules each year, always in January, April, July and October. Most of the modules are 8-days long (Saturday - Saturday). The Specialization Module, which always takes place in June/July of the second year of studies, is 13 days long. Classes are conducted at MSM in Maastricht and consist of interactive lectures, group assignments, topic related guest lectures and work visits.

Designed for working professionals

The practice-oriented approach in the MSM Executive MBA enables you to apply the newly gained knowledge and skills directly to the daily practice of your organization. Being an MBA program for working professionals, the MSM Executive MBA is less about exams, but more about individual, applied assignments. Usually, for each course you complete both group and individual assignments focusing on actual problems of an organization which you can apply to your own organization. This not only helps you to put your knowledge into practice, your company benefits from your knowledge right from the first course.

The final Executive MBA project will be either an academic research project, a business consulting project or a business plan completely dedicated to your organization. In this way you actively contribute to improving the performance of your company.

Start: October and January

Duration: 2.5-4 years part-time

Language: English

70 ECTS = 1960 hours study load

Asia AfricaMiddle EastEuropeNorth AmericaSouth America

12 917

246

12

15

5

A typical MSM Executive MBA class* Students: 30Gender: male 68%, female 32%Nationalities: 15Age range: 28-55, average age: 39Work experience range: 5-28 yearsAverage work experience: 13 years

FinanceGeneral Management Sales & Marketing Operations ManagementEntrepreneur Engineering/ScienceITOther * Data based on average

figures 2017-2018

“ The Executive MBA program meant two years of really hard work which, in addition to a full time job, was not always an easy task. But the structure of the program and the time between lecturing weeks did provide the best possible balance between work and study. Whereas the MBA program enriched my business understanding, the degree significantly broadened my opportunities and subsequently opened new doors. I still consider joining this program as one of my best business decisions.“ 

Frank Kaufmann, The Netherlands General Manager, Philips Executive MBA 2000

Nationality Job areas

09

6th Best Executive MBA in the worldDid you know that the MSM Executive MBA is ranked #6 in the world in the 2019 CEO Magazine Global MBA ranking? This makes it the #2 Executive MBA in the Netherlands.

8 8

63

3315

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Job areasNationality

10MSM Online MBA

The MSM Online MBA provides you with the same high quality management education as our on-campus MBA programs - the only differences are in its delivery and its flexibility to allow you to study where you want, and whenever it fits your busy schedule.

The 100% online set-up of the program will save you time and money for travelling abroad. This does not mean that you study in isolation. Through the interactive discussion forum you can stay connected with your peers and professors to share experiences, pose questions, discuss real business cases and initiate debates. You can also choose the blended option by following the specialization courses or other modules on campus in Maastricht.

Study at a distance but with unlimited opportunities for online networking

Courses are delivered in 8-weeks modules, in an active learning format. To stay focused and to guide you through the program you will fulfill practice-oriented assignments every week. These assignments can consist of different tasks, all related to the topic of the course and can vary per week. Literature reading, debates in the discussion forum on video cases or journal entries, following lecture casts are all elements of the program. Video cases in the discussion forum will initiate the debate with your fellow students while animated videos will introduce you to the weekly topic. Every two weeks you will discuss journal entries which relate to the topic of the course. You follow online presentations by experienced faculty in the lecture casts. The discussion forum is the place where you connect, interact, share experiences and work together with fellow professionals making you part of a diverse and international virtual classroom. You finalize each module with a final assignment/project.

To monitor your progress during a course you will reflect on your performance through self-assessment activities. Our international faculty are highly experienced in the delivery of online courses and will guide you through the program. Career service presentations and consultations are also available for Online MBA students.

Start: June and November

Duration: 2-4 years part-time

Language: English

70 ECTS = 1960 hours study load

4th Best Online MBA in the world Did you know that the MSM Online MBA is ranked #4 in the world in the 2019 CEO Magazine Global MBA ranking? This makes it the best Online MBA in the Netherlands.

Asia AfricaEuropeNorth-AmericaMiddle East

155 25

1525

55

A typical MSM Online MBA class* Students: 20Gender: male 60%, female 40%Nationalities: 15Age range: 28-48, average age: 37Work experience range: 5-23 yearsAverage work experience: 12 years

General ManagementEngineering/ScienceSales & MarketingOperations ManagementITFinanceEntrepreneurOther

* Data based on average figures 2017-2018

556 11

15

11

7

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11Choose 100% online or blended

You can follow the MSM Online MBA completely online with no obligations for residential weeks. However if you would prefer to have a face-to-face experience, you can join the specialization courses at MSM in Maastricht. At additional cost we could help you to travel to our campus in Maastricht to take the specialization of your choice or one of the other MBA modules in a face-to-face class room setting.

Designed for working professionals preferring online flexibility

The online MBA offers you the flexibility of combining your job responsibilities and/or family obligations with studying an MBA. The format of the program offers you the opportunity to study wherever you want and whenever it suits your schedule. You will have no exams, but to keep you focused and on track you will submit weekly assignments. These assignments are very practice-oriented, focused on current developments in business and immediately applicable to your own organization.

The MSM Online MBA provides you with the same high quality management

education as our on-campus MBA programs - the only differences are in its

delivery and its flexibility to allow you to study where you want, and whenever

it fits your busy schedule.

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12The MBA of MSM provides you with the knowledge and skills to boost your career

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Phase** Courses Educational hours*** ECTS

Understanding Finance • Finance• Accounting for Managers

8484

33

Developing a Business • Digital Transformation• Entrepreneurship

8484

33

Business Research Tools • Research Methods• Decision-Making Tools

8484

33

Creating Value • Marketing in a Global Context• Global Supply Chain Management

8484

33

Strategic Orientation • Economics for Managers• Global Corporate Strategy

8484

33

Changing World • Change Management• Leadership and Organizational Behavior

8484

33

Global Responsibility • Managing Cultural Diversity• Corporate Responsibility and Ethics

8484

33

Specialization**** Specialization courses • Course 1 • Course 2 • Course 3 • Course 4

84848484

3333

Final Project Academic Research Paper/Business Consultancy Project/Business Plan, incl. presentation

448 16

TOTAL 1960 70

* The European Credit Transfer and Accumulation System (ECTS) is a student-centered system based on the student workload required to achieve the objectives of a program.

** For the Executive MBA courses are delivered in ‘phases’ with the two courses always grouped together in one module. For the Full-time and Online MBA the courses may occur in a different order.*** 1 ECTS corresponds with 28 hours of study (includes both face-to-face and self-study)**** Choose one of the available specializations at MSM. For more information check: www.msm.nl/mba/specializations.

The 70 ECTS* MSM MBA program consists of eight modular lecture sessions and the completion of a final project, being either an academic research paper, business consultancy project or business plan.

Curriculum of all MBA programs

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Specializations

Choose from different specializations to fully align your MBA with your career ambitions

To allow you to customize your MBA around your specific study needs and career perspectives, MSM offers a number of specializations. Currently specializations are available:

Business-related specializations

• Entrepreneurship• International Business & Sustainable Development• Accounting & Finance• The Digital Economy• Supply Chain Management

Industry focused specializations

• Sports Management• Healthcare Management• Public Sector Management

A global community

The 2-week specialization module takes place each year in June/July. MSM organizes residential specialization weeks in Maastricht bringing together all students from the MSM on-campus MBA programs, the online MBA (optional) and participants from MSM’s Global Partner Network to jointly follow the specialization courses. This provides you with an additional opportunity to interact with more students coming from all corners of the world and from a diverse range of professional backgrounds. An ideal chance to further expand your network.

More information

For detailed information about our MBA specializations, check our website: www.msm.nl/mba/specializations14

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15Practical information

Working together for better global management

Admission process

Phase 1Upload the following documents to MSM’s online application portal:• Bachelor’s degree from a recognized university as well

as the transcript• Personal résumé / CV demonstrating the minimum

requirement of three or more years of relevant working experience, obtained after your bachelor’s degree for the Full-time and Online MBA, five or more years for the Executive MBA

• Two employer letters of recommendation (a reference request can be sent directly via our application portal)

• A letter of motivation (structure and criteria of this letter can be found on our website, under the admissions section of the MBA program)

• Proof of English proficiency: non-native English speaking candidates and candidates whose previous education has been in a different language than English must submit evidence of English proficiency. For the recognized tests and required scores please check our website.

• Copy of your passport or your EU identity card (valid on the start date of your program)

Phase 2 MSM will conduct an interview (Phone, Skype or in Person).

Phase 3After payment of 1st installment and prior to the start of the MBA program, four, online leveling (foundation) courses (Accounting, Finance, Statistics and Economics) are required to be satisfactorily completed. Alternatively, if you have completed the GMAT (Graduate Management Admission Test) with a score of 600 or higher (or a GRE with an equivalent score), the leveling courses are waived.

Note: All information in this brochure might be subject to change. Please check our website www.msm.nl/mba for the most up-to-date information.

Application deadlines

Program Start program Non-EU residents EU-residentsFull-time MBA September 15 July 15 SeptemberExecutive MBA January 10 January 10 January October 10 October 10 OctoberOnline MBA June 1 June 1 June November 1 November 1 November

Apply To apply please fill in the online application form on the MSM website: www.msm.nl/apply

Program fees and scholarships

Full tuition fee: € 32,500 Application fee: € 95 (non-refundable)

Extra cost could include: Visa, health insurance and study materials.

MSM offers a selected number of partial scholarships up to a maximum of 50% of the tuition fee. For more information, please check our website www.msm.nl/mba

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Endepolsdomein 150, 6229 EP Maastricht, The Netherlands T: +31 43 387 08 08 | E: [email protected]

www.msm.nl

Augu

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CONNECT WITH US #EXPERIENCEMSM


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