Exchange at UBC Sauder Top Professors Vibrant community The Best City to Live in Northern American Student Life Ning Chen Preparing for the exchange Documents The MBA exchange coordinator Edenial contacted me early in March, a few days after I got the acceptance letter from Aalto. In the email, she asked me to send the MBA Exchange application form and supporting documents, as well as the MBA Exchange Student Contract by email. Once they have your completed application form, they will then assign you a UBC student number. Using the student number, you could then set up a Campus Wide Login (CWL) which is a universal ID you will use to access all student/academic related programs, including course registration and campus housing. The instructions are quite clear with specific deadlines and the coordinator is very kind to help you. Visa As a Chinese student, I need to apply for a visa for Canada. You have to send all the documents and passport by mail to London if you want to apply in Finland; or you can choose to deal with the visa issue back in China, in either case, you need at least one month for the application process. A point worth mentioning is that you should keep in touch with the exchange coordinator in Aalto for the enrolment letter from UBC, which you will need for the visa application. Finns do not need a visa for Canada, if they stay there for less than six months. If you plan to visit United States during the exchange in Canada, and you are a Finn, you do not need a visa either. Yet for Chinese, again, you need the visa. You could apply the visa back in China or just in Helsinki and the latter is more convenient. It could be very wise to have a US visa before your departure to Canada cause the flight ticket is much cheaper if you transfers via an American city. Of course, you can apply the US visa when you arrive Canada. Other fees You need to pay 213 CAN for the student health insurance called IMED and 120 CAN for UPass, which gives you unlimited use of buses, skytrain and seabus transportation services across Metro Vancouver at a discounted rate. You can go to the bookstore in UBC and get the UPass every month during your stay in Vancouver. Flight tickets The flight ticket to Vancouver is quite expensive, especially in August and September. It cost me over 1200 USD for the return tickets from Frankfurt to Vancouver. You’d better book the tickets early and pay more attention to the airline promotions if you want to find a good deal. As I mentioned earlier, the flight ticket can be much cheaper if you transfer via America. Buddy Programme The Sauder MBA provides a Buddy programme for exchange students. Specifically, the full-time MBA student at Sauder could volunteer and pair with an incoming exchange student, helping him or her fit into UBC more quickly. My buddy is very nice and helpful, and he gives me lots of suggestions about course registration. Usually, the exchange start at the end of August and ends in the beginning of December. The summer in Vancouver is fabulous and I strongly recommend you arrive a few days earlier to explore the campus and the city beforehand. Likewise, you can stay a little longer after the exchange and enjoy the warmer winter. Exchange studies I studied in the 2nd year full-time MBA programme, with people from every corn of the world and various backgrounds. The exchange semester lasts about three months, from September to December. It is divided into two periods--Period 6 & 7, and between two periods there is a reading week for break. Each period consists of five weeks, followed by the sixth week called exam week. We are required to take eight courses for the exchange, four for each period. Each course is worth 1.5 Canadian credits, equal to 3 ECTS. There was a mandatory two-day orientation during my stay: all day interactive workshops on August 29th, as well as Vancouver Tour and optional Boat Cruise on August 30th. The orientation provided me a good chance to get known other exchange students. The MBA courses are based on four tracks—finance, consulting, product and service management, business innovation. As an exchange student, you could choose anyone you are interested. But for some finance courses, you are required some earlier knowledge for that subject. All of them are taught in English and at graduate level. Compared with courses in Aalto, those in Sauder are more practical with more projects and teamwork. Below I will describe briefly courses I have taken at Sauder. BA 563 Decision making for managers (1.5 credits) Instructor: Dale Griffin This course is designed to make you a better decision maker by helping you understand your weaknesses and build on your strengths in decision making. This is an Integrative course that links material from Economics, Operations, Statistics, Marketing, Psychology, Finance, and Strategy. Good decision makers know how to recognize decision problems, how to represent the essential structure of the decision situation, and how to analyze the problem with the formal tools based on decision theory. Dale excels in the area of consumer behavior and is very knowledgeable. You have to do your readings beforehand and pay full attention during the lecture. The course is based on a book called “Thinking, fast and slow”, which inspires me a lot. You will explore and move back and forth between formal economic models of how we should make decisions and psychological, descriptive models of how people actually make decisions to help you understand and improve your native decision making. It is a mandatory course for all MBA students and I really learned a lot from it. Evaluation: 2 written assignments (15% and 30%, respectively) Participation in class (25%) A final open-book case exam (30%). BAEN 502 Growing and exiting a venture (1.5 credits) Instructor: Blair Simonite In this course students will become familiar with the management challenges facing ventures as they grow and mature beyond the early stages. You’ll learn to identify the issues and systematically apply practical, industry-relevant tools to address them. Topics include growing customer acquisition through various sales models; scaling operations; growth financing; leadership and human resource issues for the growing firm; board evolution; and exit and other long term future path strategies. As an entrepreneur, you have turned your great idea into a startup venture, and you have proven that your business model works and generates revenue from real customers. Or perhaps you have joined the management team of an early stage growth venture. In either case, the organization’s focus is shifting to growth. This is exactly the course you need as it offers a big picture for the organization to overcome new hurdles ahead, to successfully scale up for growth, and to plan for exit and other alternative future paths. Evaluation: Class participation: 20% Class assignments: 40% Individual project: 40% BAHR 507 Negotiation Instructor: Daniel Skarlicki (1.5 credits) The goal of this course is to help you develop both the analytical and negotiation skills needed to meet the challenges faced by managers every day. This is an intensive course, taught in three days. You will take part in all kinds of live negotiations with the classmates and horn your negotiation skills. After every live negotiation, Daniel analyzed these different scenarios in details and helped you develop relevant negotiation strategies. Overall, I found it quite interesting and useful. Evaluation: Class Participation Feedback Final Paper 20% 40% 40% BASC 521 Project governance and management Instructor: Robert Goatham (1.5 credits) This course explores the underlying dynamics of project failure and proposes strategic solutions to ensure an organization’s project delivery capabilities are reliable and effective. Arming students with the insights needed to structure a project for success, the course provides the foundational knowledge needed to manage and oversee the project side of the business. The course reminded me of the course “Introduction to Project Management” taught in Aalto. However, the course is more practical, especially with the discussion in class. Most MBA students have prior project management experience and their opinions are very valuable. Evaluation: Individual assignments: Team assignment: Team Presentation: Participation: 40% 20% 20% 20% BAMA 503 New product Development Instructor: Tim Silk (1.5 credits) The course uses cases and a project to teach students the processes, tools, and best practices used to develop new products and services. Topics include reasons for new product failure, new product adoption, stage gates and project management tools, idea generation, design trade-off decisions, concept testing and forecasting. Like Dale, Tim is also a top professor in consumer behavior. He is very energetic and sometimes funny. He is my favorite professor and his course inspires me a lot. With lots of cases and project, the course is very practical, exposing you to the situations and challenges frequently encountered by NPD managers, teaching concepts, tools and best practices used in the industry, and developing your conceptual, analytical, and decision-making skills. The final project could be a big challenge which lasts all over the period. Evaluation: Class Participation: 10% Take-Home Case Exam: 45% Team Project: New Product/Service Concept Presentation: BAMA 513 Internet Marketing Instructor: Paul Cubbon 45% (1.5 credits) This course teaches you how to utilize fundamental marketing principles in developing a systematic approach for critiquing, designing and implementing an eMarketing programme. Again, it has a strong practical focus and involves online software analysis. Students are required to develop an eMarketing programme for a company in the real file. Actually, we did the presentation to our client directly. In addition, we are encouraged to explore specific areas in eMarketing freely through writing a blog. Evaluation: Article/book report or interview 20% Class participation 10% Team project 30% Reflective learning paper 20% Blog 20% BAIT 513 E-business strategies Instructor: Ron Cenfetelli (1.5 credits) This course is intended to explore e-business and its strategic and operational impacts on business. Overall, it is a managerially focused, instead of a technology focused course. While it maybe a little general and theoretical, it poses several interesting issues and different perspectives into e-business. Evaluation Participation - 25% Three business case memos - 45% Final Week Presentation - 30% BASM 580B Consulting simulation (1.5 credits) Instructor: Nancy Blair Like “Negotiation”, it is also an intensive course taught in three days. The purpose of this course is to provide students a simulated lifelike consulting experience. This provides participants with a firsthand experience of the intensity, creativity, problem-solving challenges, changes in direction and deliverables inherent to a consulting assignment. In the course, we worked collaboratively in a group and applied a cross-functional approach to solving a M&A issue for a large bank in Canada. We framed and structured the client problem, performed research and analysis to develop recommendations and presented our findings in the class. As our project was about M&A, I felt quite pressured with limited knowledge in finance. However, I did work with intelligent people and learned a lot from them. Evaluation Case Presentation 30% Case submission 35% Peer assessment 25% Participation 10% Free time and other information Fabulous Vancouver Known as the best city to live in, Vancouver has everything you can imagine. A coastal seaport city, it is a perfect combination of nature and modern life. The climate is very comfortable but it can be quite rainy during winter. That’s why it is also called “Raincouver”. It is very easy to fit into Vancouver, the most ethnically and linguistically diverse cities in Canada, especially for Asian people. High living cost The living cost is similar, or even higher than that in Helsinki. For the housing, I chose campus housing and it was like 2500 CAD from Aug 31st to Dec 19th. It would be cheaper to live off campus. To save money on textbooks, you could share with other students or even look for the ebook online. Also, you need to pay for printing and scanning. Travelling in Northern America There are so many places to visit in Vancouver: Stanley park, Capilano suspense bridge park, Gastown, Grouse mountain etc. It is paradise for outdoor sports as well: surfing in Tofino, skiing and snowboarding in Whislter, hiking and so forth. Or explore a bit further to Victoria, the capital of BC. With the US visa, you could travel to US easily: Seattle, San Francisco, Los Angeles, San Diego or even Hawaii. The return tickets from Bellingham—an American city near the border---to Honolulu can be as low as 300 USD. Final comments The exchange to Sauder is one of the best choices I have ever made in my life and I highly recommend it to you. The leading faculty, modern facilities on campus, friendly and diverse students, cozy accommodation, breathtaking views of nature, great restaurants and bars, comfortable climate and immigration culture… That’s UBC. That’s Vancouver. Aside from the knowledge I learnt at Sauder, what I appreciate more is the unique experience to study with MBA students and live in Vancouver. As a student with little work experience, I learnt a lot from my classmates, among who were IT consultants, marketing managers, engineers, teachers etc. Networking plays a big role in the MBA programme and the lack of social skills is exactly what I need to concentrate on and fix. All these experiences really broadened my horizons and made me more open-minded and independent.