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October is an eventful time at London Business School, as we are busy recruiting our 2018 EMBA classes. During this period it is great to see that our hard work and dedication to academic excellence has come to fruition with our EMBA Global Americas and Europe and EMBA Global Asia achieving 4th and 2nd positions in FT rankings.
Our EMBA programme, offered in London and Dubai, has held its position within the top twenty, rising one place to 18. With the majority of the top EMBA positions being occupied by joint programmes, our EMBA scored highly amongst the solo EMBA programmes.
Now in its 17th year, the FT Executive MBA ranking identifies the top 100 EMBA programmes in the world. The ranking measures a combination of 16 metrics covering career progression, diversity and academic quality. This year our EMBA Global Americas and Europe programme has regained its position in the top five, taking fourth place and scoring well for average salaries for graduates, with just over $US250K in a highly competitive market. Our EMBA Global A&E programme also recorded 85% of graduates in the ‘aims achieved’ category, a measure of the extent to which graduates fulfilled their stated goals for doing an Executive MBA.
However, it is not just our EMBA Global A&E programme which is performing well. Our EMBA Global Asia programme, which is run in conjunction with Columbia Business School and The University of Hong Kong has achieved 2nd place in its first ever entry in the annual Financial Times Executive MBA ranking. EMBA-Global Asia scored strongly for salary gain, with an average figure of just under $US320k. Career progression (14th), and international course experience (7th), with 80% of participating students drawn from the international community) served to boost the programme’s appeal.
If you would like to be a part of next year’s classes now is a great time to apply, as we have a number of application deadlines approaching. Please get in touch with the corresponding programme email address for further information regarding entry requirements, programme details, and the application process.
EMBA Global Americas and Europe, firstname.lastname@example.org
Next programme start date: 13th May 2018
Next application deadline: 14th November 2017
EMBA Global Asia, email@example.com
Next programme start date: 23rd May 2018
Next application deadline: 31st January 2018
Next programme start date: 14th January 2018
Next application deadline: 30th October 2017
Last week our EMBA-Global Americas and Europe and EMBA-Global Asia cohorts came together for their latest class week in London. These two programmes are offered as part of a powerful collaboration between London Business School, Columbia Business School, and Hong Kong University, a collaboration that has earned the programmes top –billing in the latest Financial Times rankings released today.
EMBA-Global Asia, ranking for the first time this year, entered the listings at number 2 – the highest new entry in the history of the FT EMBA rankings. The programme scored highly for salary growth and, importantly, aims achieved, where it was awarded a joint-top score.
EMBA-Global Americas and Europe, meanwhile, regained its top-5 ranking, climbing four places to number 4. Again, salary growth and aims achieved were scored highly, whilst both programmes were commended for their highly diverse cohorts.
And this diversity was evident last week as the classes convened. More than 35 nationalities coming from over 60 cities representing all continents were together to learn from our world-class faculty and one another, with each student having an average of 12 years of professional experience to draw upon.
A varied selection of core courses were taught including Corporate Finance from Charles Jones, Professor of Finance and Economics and the Senior Vice Dean at Columbia Business School, and Marketing Strategy from Oded Koenigsberg, London Business School Term Associate Professor of Marketing.
The week included a motivating and impressive guest speaker event from Andrew Tollinton, imparting his immense knowledge on how to pitch effectively to the assembled students. With a lively debate following the session, it was a truly fantastic accompaniment to the core academics.
It was also heartening to see the tight bonds made across the classes, as a student’s birthday ensured the ‘networking’ continued late into the night, with speeches and toasts aplenty!
Next month the classes return to New York and Hong Kong to continue to reflect on their real-time experiences, further build their business knowledge and brand, and reap the rewards of this cross-continental collaboration from three of the world’s leading business Schools.
After a year of reviewing applications, conducting interviews from both sides of the Atlantic, London Business School(LBS) and Columbia Business School(CBS), last week we finally welcomed the new EMBA-Global Americas & Europe class on campus.
This fantastic class of 73 students with an average age of 34 years represent 33 different nationalities, and have an average of 11 years of work experience. This intake also marks the highest number of female students (32%) we have had in a class so far.
The first day of Orientation, Sunday 8 May, was a beautiful summer day in London; perfect to kick off this very intensive week. The afternoon started with some refreshments and followed with inductions from both partner schools. Having drinks and dinner was the best way to complete this first day.
Richard Jolly from LBS and Paul Ingram from CBS were part of this first week of study respectively with their Executive Leadership and Leadership & Organisational Change classes. Students also got introduced to Financial Accounting, Managerial Economics and Managerial Statistics, just enough to get them straight into the academic part of the programme.
The EMBA-Global programme is highly collaborative and this first week was the time for students to meet their study groups. A study group usually consists of five individuals from different countries and industries. Throughout the programme they will surely share their ups and downs. After getting their hoodies, getting their photos taken and signing off their biographies for the class directory, study groups all went for dinner so they could better get to know each other.
The orientation week would not be complete without the famous closing dinner on the River Thames. Better known as the boat party, it was a great opportunity for the class to meet students from other leadership programmes including Sloan MSc and Executive MBA. One of the recurring comments among the guests was how diverse London Business School community is, and we are certainly proud of this.
See you in August EMBA-Global 2018s!
March was the month of the last core block week for EMBAG2017 students who started the programme in May 2015. They spent a week together in New York, at Columbia Business School. They have 11 months of intense studying and travelling behind them.
Although this was an emotional week for all the students, it was no exception to the previous block weeks and their schedules were filled with lectures, guest speakers and networking events.
On the first day of the week students took part in a web conference which was organised with General David Petraeus, the former Director of the Central Intelligence Agency. He discussed his assignments and decision making processes in the Middle East in 2011.
Other lunchtime conferences during the week included topics around entrepreneurship, venture capital and change in workplace.
Columbia Business School in partnership with the Association of Executive Search and Leadership Consultants and BlueSteps – an executive career consultancy firm – hosted an executive search panel event. The moderator was Brian Glade, Managing Director (Americas and Governance) from the Association of Executive Search and Leadership Consultants. The panel was constituted of Sandra Kozlowski, Principal at Korn Ferry; Mary Matthews, Managing Partner at Stanton Chase; Warren Wasp, President at WTW Associates and Charles Watson, Managing Director at Russell Reynolds Associates. The panel discussed hints and tips about how to best interact with recruiters.
Current EMBA-Global students, alumni and friends of the CBS community had the opportunity to attend the networking even afterwards.
To mark this memorable week, students and staff celebrated in style with an end of term dinner party held on the Hudson River bank. Gowns and black tie attires were required! A DJ took care of the animation and humorous awards were attributed to the class. No better event could have sent off the students to the electives part of their programme.
There are many reasons why you might consider studying one of our leadership programmes. Whether you wish to develop your leadership skills to transition into general management, take on new academic challenges, or develop an entrepreneurial idea into a real venture.
Whatever your reasons, undoubtedly a significant part of the programme will be meeting new people and expanding your network.
London Business School offers a unique and powerful environment where you have access to a large network of senior executives and you’ll find there are many opportunities to surround yourself with students from many different walks of life. Here are a few…
Global Business Assignments
Most of the electives for the Sloan MSc, EMBA-Global and Executive MBA are available for students from other programmes. Electives allow you to network with, and learn from, students across the School community and from around the world. They are available to students from all of London Business School degree programmes and visiting international exchange students.
This is an end of programme celebration for the four Executive MBA graduating classes. The evening is a great opportunity for you to network with students from other Executive MBA programmes.
The School has over 70 clubs that create important networks and offer opportunities to explore personal interests. Clubs range from professional subjects such as consulting, entrepreneurship and energy to regional clubs including Latin American and China club. Clubs also organise treks, conferences and social celebrations.
London Business School alumni are a global community of over 40,000 successful business professionals in more than 150 countries. Upon graduation you will become a part of this community that offers you a wealth of knowledge, resources and unlimited networking opportunities.
Students will also have the opportunity to share their business expertise with Masters in Management and MBA students through our mentoring schemes, alumni community, events and professional and industry clubs.
There has been a big boom in the number of food related start-ups in the last few years; London Business School itself incubated many entrepreneurs with a passion for food – amongst them are Adrian Collins, founder of the KUPP, Corrado Accardi , founder of Pizza Rossa and Kalina Halatcheva who founded Coppa della Maga. We caught up with Kalina who talked to us about her experience of making a shift from the automotive industry to becoming a food entrepreneur. Kalina graduated from the EMBA-Global Americas and Europe programme in 2010 and has since launched her own company, Coppa della Maga which in Italian means “The Bowl Of the Magician”. Her product is an all-natural ice cream, free from gluten and sugar.
Tell us a bit about your business – and what makes it different?
The brand Coppa della Maga was created three years ago, after discovering a niche for an ice cream that is both healthy and delicious. Everyone has a favourite brand of ice-cream, but they are usually full of sugar and often other unhealthy ingredients. While health is currently a big issue and more and more healthy ice cream brands have appeared on the market, they still lack the indulgence factor. Meanwhile, all the research and marketing polls were showing that the number one reason to buy ice cream was for indulgence. Coppa della Maga has it all – ‘a healthy and indulgent ice-cream’.
This is a departure from what you were doing before – what triggered this change?
I was very happy in my previous roles in the automotive and insurance sectors; however I was looking for something more fulfilling. The factors that were most important to me were: 1. To have maximum control over the whole process and value chain of the business model; 2. The possibility to create a brand that has the potential for worldwide presence and sizeable scale; 3. A premium and healthy product that would relate back to the business model.
The manufacturing of healthy food ticked all of the above boxes for me. I was ready for a change and I had already been looking for an entrepreneurial opportunity for a couple of years when I came across a bankrupted ice cream manufacturer that was for sale. I did not end up buying this business but during the due diligence process I discovered the niche for a healthy and delicious ice cream and I decided to start my own business from scratch.
What do you love about it – what drives you mad?
I love everything about it. It’s more than just a job. It’s both fun and a pleasure and provides extensive opportunities to travel, to meet people, to continue learning through the business and to express my creativity. This is not simply my job or career, but rather a platform for living my whole life.
Did you always know you had a business start-up idea or was it something you discovered in yourself as part of your time on the programme?
I have always felt very entrepreneurial, even while I was working for the bigger companies. I knew I was there to do the best I am capable of for the companies I worked for and to learn so that I can do it on my own one day. The EMBA-Global programme gave me the confidence to actually go for it. After graduating I felt there was no big missing piece in my skills toolbox.
How did you approach first stage funding? What are/were the next steps?
I built my factory in Bulgaria where I was born. As a start-up company, I did not have access to any funding and I did not want to have equity partners. A big financial help, however was an EU funding, to which many Bulgarian companies have access to. I was granted this financial aid due to me being a manufacturer of a food product.
What advice would you give to a would-be entrepreneur in this sector?
Start small, make it profitable, and only then expand. A lot of people I speak to are tempted by the idea of coming up with a fancy food brand, outsourcing the production, then selling the franchise and becoming exponentially rich. It might have worked for some companies in the past, but I don’t believe this could be applied successfully in the food industry today. People are looking more and more to know about the quality of the product, its provenance, and the people behind it. I always give the advice to people that if they believe that the entrepreneurial idea will bring them the same good salary they have now, they should go for it. Food is deeply related to us in so many ways and working in that sector can bring lots of satisfaction. Greater financial success will come with time, both as a byproduct of the success of your brand and as a reward of your customers loyalty.
What did you hope for when you chose EMBA-Global – have you achieved your objective?
I think I still keep realising and discovering the benefits of the EMBA-Global programme, through the skills I have gained; through the things I’ve been told and the wisdom of the professors. The alumni network is a priceless resource for professional matters and also for friendship. I believe the people who gain the most are the ones who choose the programme because of their eagerness to learn and not just because they have studied at two prestigious universities.
Time flies! Our EMBA-Global Americas and Europe students who started the programme in May 2015 have just completed their last block week at London Business School. In March they are coming together once again as a class for their very last block week of core modules at Columbia Business School, before they start their elective courses of their choice in April.
As always, having the EMBA-Globals around was very special, but this class week was an opportunity to celebrate having the whole class together in London before graduation. Naturally, the week was no was filled with plenty of learning and studying, networking events, and social activities
The week started with a lecture delivered by the Dean, Sir Andrew Likierman himself on Sunday 7th February around the topic ‘good judgement’. This prompted stimulating conversations around what this might mean in various cultures and gave a chance to EMBA-Global, Sloan MSc current and prospective students to mingle with each other after the lecture. It is always a warm feeling to see EMBA-Globals getting together after a long month apart.
The week then went very fast with core module lectures, guest speakers and evening drinks. Three Columbia Business School Professors – Elke Weber, Gur Huberman and Michael Johannes – flew from New York to teach their courses. This reminded the community how global this programme is with professors and students travelling to the School on a regular basis.
The peak of that block week was the Sundowners, the free drinks/nibbles evening held every Thursday on campus; this time it was hosted by the EMBA-Globals. As a special guest, the Dean joined the informal evening and the programme team even managed to get him wear the EMBA-Global unfirom T-shirt.
Everyone is now back in their respective companies until the 8th March, which will mark the first day of their last class week together in New York!
The Recruitment and Admissions team is often approached by prospective students wondering how to decide which leadership programme is best suited for them and at which stage of their career. Our three leadership programmes, the Executive MBA, EMBA-Global and Sloan MSc, vary in many different ways: in their formats, location, the experience of cohort, the programme experience and their start dates.
Our suite of Executive MBAs have the great advantage of enabling the immediate implementation of learning into the workplace. The Executive MBA programmes are delivered part-time format, therefore you need to remain in full-time employment to be able apply. A typical student profile of these programmes would be someone with a minimum of 5 years of managerial experience (managing resources, budgets, projects or people) who wish to move to a general managerial role.
We offer four different Executive MBAs (EMBA) programme and they take place in various location and format. Our EMBA London is based in London with core classes taking place on consecutive Fridays and Saturdays of alternate weeks. There are two intakes in January and in September. If you are based in London or in Europe, this is likely to be the most convenient option for you.
The EMBA Dubai programme is based in Dubai with core classes offered in a block week format. You need to travel to Dubai for four or five days monthly. There are two intakes in January and September. Individuals who wish to expand their network in Middle East or those who prefer the more intense weekly format will find this option more convenient.
Student from both EMBA London and EMBA Dubai programmes have the option to take their electives in Dubai or in London.
As part of our Executive MBA portfolio, we offer the highly ranked EMBA-Global programme. We run the programme in partnership with two world class institutions, Columbia Business School and The University of Hong Kong.
Our EMBA-Global Americas and Europe programme has a block week format (four of five days a month) alternating between London Business School and Columbia Business School. A unique aspect of this programme is that upon completion, students get awarded with two distinct MBA degrees, one offered by Columbia Business School and one offered by London Business School. There is only one intake per year, in May. This programme is suitable for those who want to further their career globally.
The EMBA-Global Asia programme is a result of a partnership between London Business School, Columbia Business School and The University of Hong Kong. Students graduating from this programme will be awarded with a joint MBA degree. Most classes are held in Hong Kong in a block week format. Individuals based in the region, interested in developing a strong network or deepen their knowledge on business practices in Asia will find this programme the most relevant for them. There is only one intake per year, in May.
Our Sloan MSc programme completes our leadership programme portfolio and it is the most senior programme of our range. This is a very intensive one year full-time programme designed for senior executives who have a minimum of 10 years of managerial and leadership experience. This programme is based in London and start in January.
Individuals thinking of business schools are led by common aspirations which tend to be around career advancement, career shift, global perspective, personal and leadership development and enhanced networks. The right programme for you will be the one that serves your career aspirations in the best way and that also suits your circumstances the best: are you thinking of remaining employed while studying? Are you interested in building networks across continents? Are you willing to travel to attend classes? Answering these questions will help you identify which programme is most suitable for you. The Recruitment and Admissions team remains at your disposal to assist you in finding out which option will fulfil your expectations.
If you have any further questions about our Executive MBA London Dubai programme, please send use the firstname.lastname@example.org email address. If you have any questions about the EMBA-Global programme, email us via email@example.com and ask any questions regarding the Sloan MSc programme via firstname.lastname@example.org.
I also look forward to meeting you and answer any questions you may have at one of our events.
Julia Marsh is Executive Director for the Leadership Programmes Portfolio at London Business School – for experienced executives, professionals and entrepreneurs. Her own experience is in business education in top ranked schools and programmes, coupled with management consulting, and she holds an MBA from London Business School.
We caught up with Julia after the Christmas break, bringing in January classes of the Executive MBA, and the Sloan MSc in Leadership and Strategy, and looking ahead to the next cohort of the EMBA-Global in May – so we asked her a few questions…
The EMBA-Global Americas and Europe and the sister cohort in Asia have been running for some years – can you tell me a little about the programmes’ background?
It seems impossible to believe that the EMBA-Global Americas and Europe had their first cohort 15 years ago. This partnership between London Business School and Columbia Business School was created to meet the career aspirations of the trans-national executive, for whom living and working with teams across regions was fast becoming the norm. We wanted a programme that combined the best and complementary business school thinking in two world leading business locations.
The decision to add Asia to the global “mix” was a natural extension of wanting to see our students prepared for careers in any region, and the first cohort entered in 2009.
These globally focused executives have gone from strength to strength, we’ve seen the consistent performance in the FT rankings – always in the top 5 when other programmes come and go. Their career paths are accelerated, and for some of the class the EMBA-Global has led to successful entrepreneurial ventures.
Leading on from that, what makes the teaching stand out?
The faculty – drawn from the partner schools – have enormous enthusiasm and engagement with the classes. They contribute different perspectives in core courses, bring knowledge, connections and speakers to their classes. They advise and discuss their subjects and the issues of the day. It is a powerful edge in the programme design that the faculty travel with the classes across the locations. The teaching style is highly interactive, designed to draw out our students’ experience as well as the subject knowledge. The case based methodology and the faculty’s research connections across the worlds of business, government and NGOs ensures that the learning is fresh and relevant.
The students benefit from the different teaching styles and perspectives – European and US– this is where the Americas & Europe students really earn the right to have two MBAs from LBS and CBS.
And what do you think is the value in the learning experience for the students?
Our students place enormous value on the quality and international dimension of the class, scrutinizing this as much as the rankings and reputation. This will be their network, and they must be able to contribute to the class learning as well as the faculty.
We are also passionate about development of the softer skill sets – the curriculum is just one facet of the learning experience – we want to develop people who can work effectively with others as well as lead, and much of this takes the form of executive coaching as well as practical skills development.
And what do the students get from the structure? Balancing class weeks and different locations combined with high pressure jobs isn’t easy.
You are exactly right – this is a demanding programme. But we think that the structure is one that optimises learning and creates close bonds through the class week “immersion” once a month. There is time to absorb the ideas and work on assignments between sessions – and the locations of London and New York – as well as Hong Kong give the students exposure to three world class financial hubs.
When students start elective courses they can choose from the three schools’ offerings and multiple formats from intensive block weeks to weekend or cross term classes.
I do have to say that it is not just about work – we have social reps for each city to ensure that the class gets the maximum out of their time there, and most classes will set up side trips – to wine producers, skiing trips, sailing, and Tim Kopra – who has been in the news recently on his mission to the international space station – took his classmates to NASA!
Julia, what type of student do you look for when recruiting for the programme?
We take the composition of the class very seriously – we are creating a cohort who will become the unofficial “family” for 20 months and beyond. Our students need to be smart, curious and be able to apply the learning in their current roles – it goes without saying that they are open and adaptable, they love to travel and share new perspectives, most have international responsibilities or aspire to an international career path.
The application process is designed to make a case for their candidacy, highlight their experience and achievements (as well as set-backs) and with a smaller cohort we can look at each individual. They must have management experience – which we define as managing processes, resources and projects – not everyone has the opportunity to practice line management. We expect them to contribute in class, so they will need to be proactive and be able to push themselves. The recommendations, our interactions with the candidates, and the interview all help to build a rounded picture of the candidate.
Thanks Julia – good luck with your next intakes.