Program Overview
The Master in Business Administration with a concentration in Global Business and Strategy
(MBA-GBS) is a double degree MBA program jointly offered by the Graduate School of
Business Administration and Leadership (EGADE) at the Tecnológico de Monterrey, Campus
Monterrey, and the Belk College of Business (Belk College) at the University of North Carolina
at Charlotte.
The MBA-GBS was created to give a new direction to students’ careers by providing them with
the necessary knowledge and skills to succeed in a global business environment. The program
seeks to develop executives for leadership positions capable of defining business strategies and
guidelines in order to create a sustainable competitive advantage within their organizations.
The MBA-GBS is an international program that provides a multicultural setting where students
can build international relationships while they prepare for business success around the world.
Distintictive characteristics
To be part of this international program, students must be admitted by both Tecnologico de
Monterrey, Monterrey Campus and the University of North Carolina at Charlotte. Upon
completion of the program, students obtain two MBA degrees: “Maestría en Administración y
Dirección de Empresas” from Tecnológico de Monterrey, Campus Monterrey, and “Master in
Business Administration” from the University of North Carolina at Charlotte. Additionally, they
receive a certificate in Global Business and Strategy, jointly issued by EGADE and the Belk
College of Business.
The diverse academic and cultural background of the student body creates the ideal
environment for interaction, open discussion and mutual enrichment of leadership and
management skills required in global organizations. The “lockstep” schedule of the courses
fosters the creation of deep bonds among the students, creating a solid international contact
network.
The cornerstone of the MBA-GBS program is its faculty. Professors from EGADE Monterrey
and The Belk College of Business have real-world business and consulting experience in more
than 28 countries and all hold doctoral degrees from world-class universities. Through applied
research, the faculty has made significant intelectual contributions to business, government and
the academic community.
The program is completely taught at Monterrey, N.L., Mexico, one of the most multifaceted cities
of Latin America, allowing a multicultural setting where students can build international
relationships, while they prepare for business success around the world. Monterrey has been
ranked by Fortune Magazine among the best places in Latin America to do business.
They also have the opportunity to attend UNCC for one academic term. Charlotte, NC, is the
second largest financial center of the U.S.
Curriculum
Preparatory courses*
Business Statistics and Quantitative Analysis Estadística en las Organizaciones
Fundamentals of Financial Accounting and
Financial Management
Introducción a la Información Financiera para la
Toma de Decisiones
Foundations of Economics
Entorno Económico
Core courses
Entrepreneurship
Emprendimiento y Desarrollo Empresarial
Negotiations
Negociaciones y Decisiones Multiculturales
The Economics of Business Decisions
Economía para la Toma de Decisiones
Marketing Management
Decisiones Estratégicas de Mercadotecnia
Financial Management
Finanzas Corporativas
Operations Management
Estrategias de Operaciones
Human Behavior in Organizations
Liderazgo y Comportamiento Organizacional
Management Accounting
Contabilidad Administrativa
Global Strategic Management
Seminario de Dirección Multinacional
y Estrategia Corporativa
Leadership, Ethics, and the Business
Environment Seminar
Política Empresarial, Ética y Responsabilidad
Social Corporativa
International Business Strategy
Estrategia Competitiva, Diseño y Modelación
de la Organización
Legal Environment Seminar (4 units)
Seminario de Ambiente Legal (4 uds)
Concentration in Global Business and Strategy
International Marketing
Mercadotecnia Internacional
Multinational Finance
Finanzas Internacionales
+2 electives in Business Strategy
+2 optativas en Estrategia de Negocios
* The preparatory courses can be accredited through exams prior to enrollment. It is important to
notice that these exams are in spanish and it is up to the student if (s)he wishes to accredit one or
all the preparatory courses. The official application is from 18:00 to 20:30 hrs usually 2 weeks before registration. There is a free guide that you can request at the Registrar’s office or download
from: http://egade.sistema.itesm.mx/programas/ma/parcial/imagenes/guia.pdf
Programs and course schedules
The MBA-GBS is offered as a full-time or part-time program. Both programs share class
sessions allowing the networking to take place among international full-time students and those
who are working while studying.
This dynamic enriches the learning experience by
complementing the global perspective with the practical approach of the program.
Admissions:
January and September. For full-time students, the program is divided in four trimesters and a
summer session. Full-time load is four courses per trimester and two in the summer. Part-time
load is two courses per trimester and one in the summer. For part-time students, the program
includes eight trimesters and two summer sessions.
Schedule:
Courses taught by EGADE faculty: Once a week per course from 18:00 to 21:30 hrs
(Monday to Thursday).
Courses taught by UNCC faculty: include 3 weekend sessions during the trimester (Friday
from 18:00 to 21:30 hrs and Saturday from 9:00 to 17:00 hrs) and 4 videoconferences
during a weekday (from 18:00 to 20:30 hrs). The schedule of weekend sessions and
videoconferences is provided at the beginning of every term.
All courses are taught at EGADE Monterrey.
Full-time program
First year
Second year
January-April _______________________ 4 courses and Legal Seminar
April-July __________________________ 4 courses
July-August (Summer) _______________ 2 courses
September-December ________________ 4 courses
January-April _______________________ 4 courses
Part-time program
First year
January-April _______________________ 2 courses and Legal Seminar
April-July __________________________ 2 courses
July-August (Summer) _______________ 1 course
September-December ________________ 2 courses
Second year
January-April _______________________ 2 courses
April-July __________________________ 2 courses
July-August (Summer) _______________ 1 course
September-December ________________ 2 courses
Third year
January-April _______________________ 2 courses
April-July __________________________ 2 courses
Admission requirements
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Bachelor degree or equivalent studies at a professional level.
Minimum GPA of 80/100 in undergraduate studies or being in the top 30% of the
class.
Minimum score of 575 in the admission test for graduate studies
(PAEP). Alternatively, we accept the Graduate Management Admission Test
(GMAT) with a minimum of 575 also. The score is valid for 2 years.
At least 3 years of work experience after undergrad studies.
Interview with a representative of the Admissions Committee (if requested).
Minimum TOEFL score of 557 paper-based test, 220 computer-based or 83 internetbased.
It is desirable to have a laptop since most of the courses are taught with the help of a
technology platform.
Application and application documents.
Application documents:
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EGADE Application (print and complete); download from:
http://www.mty.itesm.mx/posgrado/admision/maestria/solicitud_maestria2005.pdf
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UNCC Application (complete online and print), check directions at:
http://egade.itesm.mx/cmportal/pdf/UNCC_application.pdf
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EGADE application fee ($25 USD; check or cash)
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UNCC application fee ($55 USD payment during online application)
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Bachelor degree with apostille (documents must be in english)
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Official transcript with apostille (documents must be in english)
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Cédula (for Mexican citizens only)
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Birth certificate with apostille
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3 recommendation letters (complete during the UNCC online application)
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Statement of purpose (complete during the online application)
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Resume (must be in english, complete during the online application and print)
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2 Passport size pictures
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PAEP/GMAT (minimum score: 575)
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TOEFL (minimum score: 557 paper-based, 220 computer-based)
ALL DOCUMENTS (AND A COPY OF EACH) MUST BE SENT TO THE PROGRAM
COORDINATOR
Important notes:
Every student at Tecnologico de Monterrey should have a health insurance policy. The
school offers this service through competitive external companies and the option to buy it
through us is optional. If the student already has the service, (s)he should hand in a copy of the
invoice during enrollment.
Every foreign applicant should sign a letter given by Tecnologico de Monterrey where (s)he
commits to hand in the valid FM3 (student visa) during the first academic term.
The foreign applicants that are currently working, should request the Immigration Office an
extension of their visa to study; this process may be requested through the company they work
for or through the school.
PAEP Admission Test (Prueba
de Admisión a Estudios de Posgrado)
This exam is a test in spanish for academic skills. It was elaborated by the Tecnologico de
Monterrey, and designed to measure the abilities the applicants have developed during prior
academic preparation. The PAEP is used by important organisms and universities on their
application processes (OEA, LASPAU, Harvard, INCAE, among others).
The test is formed by five basic areas: Verbal Reasoning, Quantitative Reasoning, Knowledge
Skills, Grammar and English, it also involves writing an essay. The minimum score to enter the
selection process is 575 for the MBA in GBS program, the maximum is 800.
Link for admission test sample:
http://www.sistema.itesm.mx/va/pe/paep/prueba/prueba.html
We also offer a workbook for self-study that can be acquired at the DISA (Registrar’s office),
located in the 1st floor at EGADE.
We continually offer preparation workshops for the PAEP. The duration is 4 sessions over two
weekends.
Virtual University offers an online workshop: http://www.ruv.itesm.mx/cursopaep
If the applicant has greater proficiency in english than in spanish, the recommendation is to take
the GMAT (http://www.mba.com/mba/thegmat).
TOEFL (Test of English as a Foreign Language)
There are two options for the test: the institutional and the official versions.
The official test (paper-based, computer-based or internet-based):
Check the website: http://www.ets.org/toefl/
In Monterrey you can take it at:
Biblioteca Benjamin Franklin
Ph: (81) 8343-3907
The codes where you should send the test results are:
UNCC 5105
ITESM 0843
Take into consideration the results take between 4 and 6 weeks to arrive, the score is valid for 2
years.
The institutional test (paper-based):
It can be taken at EGADE, usually available the last Saturday of the month.
For more information:
Dirección de Servicios Académicos (Registrar’s Office)
Ph: (81) 8625-6205 and 06
At the main campus:
Logística y Procesos
Edificio de Rectoría, primer piso, modulo 5
Ph: (81) 83 58 20 00 ext. 4273
It is necessary to register with anticipation, at least a day before the exam. Take into
consideration that the results take 3 weeks to arrive, the score is valid for 1 year.
Important dates for January-April 2010
Workshop #14: September 5, 6, 12, 13
Workshop #15: September 26, 27, October 3, 4
Workshop #16: October 10, 11, 17, 18
PAEP Workshops
Workshop #17: October 31, November 1, 7, 8
Workshop #18: November 28, 29, December 5, 6
Format: 4 sessions on Saturday and sunday
Time: 9:00 to 14:00 hrs.
Test
Results
September 5
September 22
September 19
October 6
Admission test dates
October 10
October 27
(PAEP)
October 24
November 10
November 14
December 1
December 12*
January 5
*This application implies the candidate cannot take the exams for preparatory
courses’ accreditation
Application deadline
December 1
Exams for preparatory courses’
accreditation
Orientation session
Registration process
Statistics and Quantitative Analysis
December 14
Foundations of Economics
December 15
Fundamentals fo Financial Accounting
December 16
December 9, 7:00 to 8:30 pm, EGADE Auditorium
Registration
January 4
Payment deadline
January 4
http://inscripciones.mty.itesm.mx
January-April term
First day of trimester
January 11
Last day of trimester
March 26
Final exams
April 5 to 9
Deadline for partial drop-out
February 12
Deadline for total drop-out
March 26
Note: Dates are subject to change without prior notice
Costs
To check the updated costs, go to http://tesoreria.mty.itesm.mx/Colegiatura.aspx, select
“graduados trimestrales”, each course is equivalent to 12 units (unidades), except the Legal
Seminar which is of 4 units.Tuition can be covered in 4 payments during the trimester.
PAEP workshop cost:
$700.00 pesos
PAEP cost:
$1,600.00 pesos
Preparatory courses’ exam cost:
$350.00 pesos ea.
Tuition per course:
$25,296.00 pesos*
Health insurance:
Check on the website of “Tesorería”
* To support our full-time students, when registered in 4 courses per trimester, only 3 courses
are paid, and when enrolled in 5 courses, only 4 courses are charged. Each trimester there is
an adjustment due to inflation.
You can request an invoice up to five days after the payment, this can be done through the
Tesorería website.
Note: Costs are subject to change without prior notice, please confirm before making your
payment.
Financial Aid
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EGADE Scholarships: Up to 50% tuition scholarship for full- and part-time students.
CONACYT Scholarships: Available only to full-time students.
Student credit
FUNED educational credit: Available only to mexican students.
FIDERH Credit: Available only to mexican students.
Laspau Scholarships: Visit the website: http://www.laspau.harvard.edu
Stafford Federal Loans: Available only to USA citizens.
Signature Student Loan – Sallie Mae: Available only to USA citizens.
For more information on EGADE Scholarships and Student credit, check the deadlines and
requisites with the Financial Aid Office:
Lic. Mayela Soto
C.P. Edith Villasana
Financial Aid Office for Graduate Studies
Tecnológico de Monterrey, Campus Monterrey
Edificio de Biotecnología (Aulas V) Oficina 101-i
Ave. Eugenio Garza Sada #2501 Sur, Col. Tecnológico, C.P. 64849, Monterrey N.L.
Direct tel: 01 (81) 8158-2050
Tel: 01 (81) 8358-2000 ext. 5017
E-mail: becasposgrado.mty@itesm.mx
Website: http://becasmaestria.mty.itesm.mx/
Accreditations y Distinctions of EGADE
The first in Mexico to get the Triple Crown
At EGADE we are celebrating the obtention of what it is known as the “Triple Crown” of quality
in business education. It is composed by the three most important accreditations worldwide:
AACSB (from USA), AMBA (from UK) and EQUIS (from the European Union)
Each of them has a specific focus on its evaluations. For their solid efforts they have been
valued unanimously by the education market and the business world for being quality
references. From over more than 3,900 business schools around the world, less tan 40 have
the “Triple Crown” and EGADE is one of them.
The most influential business school.- Eduniversal
EDUNIVERSAL, sister company of SMBG is an organism that has worked for organizations
such as the UNO in education matters. This organization developed a study with one thousand
different business schools deans in 153 countries. The deans were asked which university
would they recommend and in the analysis, EGADE Monterrey was first in Mexico with a total of
547 recommendations from the total of one thousand, highlighting with this result that it is on the
top of the most recognized in North America, such as Harvard and MIT.
The consulting firm commented that with this result, it is visible the influence that EGADE has,
calling it “Universal Influence”.
Memberships
PIM Network (Program in International Management); EFMD (European Foundation for
Management
Development);
CLADEA
(Latin American Council of Management
Schools); BALAS (Business Association for Latin American Studies); CONACyT
(Excellence programs from the Council of Science and Technology in Mexico-CONACyT),
CEMS (Community of European Management Schools).
Contact information:
MBA Director
Dr. Carlos Serrano Salazar
cserrano@itesm.mx
+ 52 (81) 8625 6029
MBA Operations
Director
Ing. Sandra Núñez Daruich
sandranunez@itesm.mx
+ 52 (81) 8625 6216
Lic. Alicia Mantecón
mba_gbs.egade@itesm.mx
+ 52 (81) 8625 6037
Lic. Jorge Vásquez
mbaingbs.egade@itesm.mx
+ 52 (81) 8625 6196
Program
Coordinators
EGADE, Tecnológico de Monterrey
Av. Fundadores y Rufino Tamayo s/n
Col. Valle Oriente, 66269
San Pedro Garza García, NL, México
Tel. +52 (81) 8625 6000
http://egade.itesm.mx/gbs