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 • • • • • • • • 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: • EGADE Application (print and complete); download from: http://www.mty.itesm.mx/posgrado/admision/maestria/solicitud_maestria2005.pdf • UNCC Application (complete online and print), check directions at: http://egade.itesm.mx/cmportal/pdf/UNCC_application.pdf • EGADE application fee ($25 USD; check or cash) • UNCC application fee ($55 USD payment during online application) • Bachelor degree with apostille (documents must be in english) • Official transcript with apostille (documents must be in english) • Cédula (for Mexican citizens only) • Birth certificate with apostille • 3 recommendation letters (complete during the UNCC online application) • Statement of purpose (complete during the online application) • Resume (must be in english, complete during the online application and print) • 2 Passport size pictures • PAEP/GMAT (minimum score: 575) • 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 • • • • • • • • 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