Bachelor of Business Administration Master of Business Administration International Business Management - Info Session February 23 2015 Who am I? • Diane ARIJS o diane.arijs@kuleuven.be • Professor at KUL-campus BRUSSELS o Teaching • Family Businesses (master Dutch programme HW) • Entrepreneurship & Policy (MBA—International Business Management) • Business Research Methods (prep Master of International Business Economics & Management) • Supervising students’ master thesis: o • Business projects in family businesses: e.g. succession planning; developing strategic mission for business family and family business, … • Master thesis: engaging students in research topics on entrepreneurship (e.g. second chance entrepreneurship; case study of entrepreneurial policy in home country,…) and on family businesses (e.g. entrepreneurial orientation of family businesses; leadership in family businesses, ..) Research • Fundamental research • Practice and policy oriented research (SVO) • Focus: family businesses, business families and entrepreneurs The Important Question • Why enroll in the BBA/MBA at KULeuvencampus Brussels? • Our Faculty of Economics & Business – campus Brussels is renowned for its BUSINESS ORIENTATION Your Education = Investment • Consider yourself a human capital investment project • Why? Because the labor market looks at you like that Basic diploma = KNOWLEDGE • Demonstrates that you KNOW o Applied economics / commercial sciences International orientation= SKILLS • • • Team work International and intercultural sensitivity Role playing Skills! • Employers care about general business skills that you will develop o Analytical skills o Communication and language skills o Information processing skills • They don’t care that much about specific skills (can be learnt on site) o E.g. PricewaterhouseCoopers’ approach to perform a financial or IT audit Extra = ATTITUDE • “companies hire for attitude” (and train eventually for extra skills) • Signaling commitment towards an international programme is always a plus Career • From a career perspective, you have two major options o Become a specialist in a functional discipline o Become a generalist and understand the links between various disciplines Generalist or Specialist? • The BBA-MBA/IBM offers both o This is a great experimentation opportunity o You can still specialise afterwards Our Programme Is designed to take a helicopter view of a wide range of intensive and specialized courses in all fields of relevance to managers. It helps you acquire the hands-on qualifications you need to pursue o a management career in business or public service o an entrepreneurial path Job perspectives? • In the first stage of their careers, graduates are mainly employed in financial, administrative, and commercial departments of organizations and companies (e.g. companies in the financial sector and management consultancy firms). In the further stages of their careers, they start to work on middle and higher management levels. • Some employers: Government – Banking Sector – Final Four Audit & Consulting – International companies (CocaCola – Toyota/Honda – IBM – P&G/Unilever - SD Worx – Siemens – Samsonite …) – own business Academic programme • Based upon academic research • No superficial fads and fashions • Requiers a good load of quantitative and analytical thinking WITH Business Orientation • Is not exactly the same as “practical” • Is not opposite to theory • “Nothing is as practical as a good theory”!!! HOW? • Business seminars • Guest speakers • Company visits • Interactive teaching • Business projects on your curriculum 3rd year of BBA: choosing an orientation 3rd year General Courses STRATEGY & BUSINESS SCIENCES Principles of human resource management General management & corporate strategy Business Project: management game / international study visit Principles of management accounting Corporate finance ECONOMICS & INTERNATIONAL BUSINESS International economics European policy International research in economics and business English III French intensive III or Dutch III/ French III / German III / Spanish III (choice of two) RESEARCH & METHODS Research project economics and management Statistics for business economists III HUMAN BEHAVIOUR, LAW & SOCIETY Social law TOTAL CREDITS Credits Semester 3 4 3 4 5 2 2 3 3 3 3 6 3 1 1 1 2 1 1 4 4 2 1 3 48 2 1 1 3rd year of BBA: choosing an orientation Orientation Courses BUSINESS INFORMATION MANAGEMENT Application development Databases ICT infrastructure Project management INTERNATIONAL BUSINESS MANAGEMENT Credits Semester 3 3 3 3 2 1 2 2 Logistics management 3 1 Sales management 3 2 3 1 3 2 3 3 3 3 12 2 2 2 2 Business projects: International Business Economics Research / business plan / company project Management accounting II INTERNATIONAL RELATIONS Introduction to international and European law History of European Integration International socio-economic analysis Introduction to international relations TOTAL CREDITS MBA/IBM: Standard Learning Path MAJOR: INTERNATIONAL BUSINESS MANAGEMENT Analytical Skills • Which plant to invest in if you have information on the following: o fixed cost for each plant o variable cost estimates for each plant o demand estimate of xxx units/year • To take the right decision, you must understand the relationship between your outputs and your costs, both in the short run and in the long run Information Processing Skills • The broad program of the MBA/IBM is a great simulation of today’s international work environment: case studies, group work… • Many different situations in quick succession o Be able to analyze and judge the situation quickly o Take the right decisions Communication & Language Skills • English-taught program: but not a language programme! • Interactive courses within the limitations of the class setting • Intense use of ongoing evaluations (presentations, papers, group discussions…) • !!! One can only practice these when present in class. Combination of work and study discouraged. Master Thesis • Is the ultimate (and often underestimated) proof of sound academic thinking and practical relevance o Company project: this is unique! o Theoretical paper • Demonstrates ownership of a project o o o Independent work Analytical skills and sense for synthesis required! You are responsible for the end result We Help You To Perform; ALSO IN MBA-IBM • FEB-campus Brussels is renowned for its student-centric approach • Support and service for students o Infrastructure (ICT, library…), counseling, scheduling of classes… • Low threshold towards professors (direct access!) • Academic skills: ‘Research Proposal’ to support you in writing your Master thesis ?