School of Business and Economic s MAASTRICHT MBA
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- 1. MAASTRICHTMBAD E V E L O P I N G TA L E N T T O G E T H E RSchool of Business and Economic s
- 2. MAASTRICHTMBAD E V E L O P I N G TA L E N T T O G E T H E RThe MaastrichtMBA is a joint initiative ofMaastricht School of Management (MSM)and Maastricht University School of Businessand Economics (SBE).This internationally accredited MBA programmecombines evidence-based management education withbusiness relevance and networking in a learning settingthat is diverse, multicultural, challenging, and engaging.Maastricht, a truly cosmopolitan city in the heart ofEurope, has been a world city, connected to world tradeand the epoch-making events of history for over 20centuries. Named after the bridge (trade route) built bythe Romans 2,000 years ago across the river Meuse, andknown as the birthplace of the modern European singlecurrency, Maastricht is a forward-looking UniverCity.It forms the perfect setting for a unique MBA experience.THE BEST OF BOTH WORLDSThe value of the MaastrichtMBA lies in tapping intothe 60-year experience and networks of MSM inteaching and researching socially and environmentallysustainable business in emerging and developingcountries; by drawing on the problem-based learning(PBL) educational approach pioneered by MaastrichtUniversity; by building on the innovative and customisedapproach of leadership development created at SBE;and last but not least by sharing the standing andnetworks of Maastricht University, as one of theworlds Top 100 Universities according to the TimesHigher Education ranking and best performing younguniversity in Europe according to the QS Top 50 under50 rankings.By pooling the qualities and resources of bothinstitutions, MSM and SBE, the MaastrichtMBA offersyou a unique learning experience characterised by asolid scientifi c foundation, excellence in global businessrelevance, and innovation in learning and leadingmanagement thinking and practice.CHOOSE THE FORMATTHAT SUITS YOU BESTThe MaastrichtMBA is fl exibly available bothfor full-time and part-time participants intwo complementary programme formats.The one-year full-time residential format of theMaastrichtMBA programme will prepare you to beahead of the curve in understanding and anticipatinghow the societal context within which organisationsfunction will determine their success or failure. Theeconomic rise of emerging and developing economiesand their demographics, the threats and opportunitiesof climate change, corporate social responsibility, andthe role of business in social inclusiveness are examplesof these societal contexts. The residential format ofthe MaastrichtMBA thus offers you the opportunity todevelop a deeper understanding of theseenvironments and trends and their relationship withthe advanced economies.The part-time executive format of the MaastrichtMBAis concerned with responsible leadership, and willencourage you to develop your personal skills asmanagers and coaches. This involves a focus on thedevelopment of the individual leader as well as ananalysis of the impact of managerial decisions onorganisations and society. The modular design of thepart-time executive format of the MaastrichtMBA willenable you to perfectly combine your study with yourprofessional responsibilities.BROADEN YOUR MIND ANDEXPAND YOUR NETWORKTo create opportunities for broader learning andnetworking, the MaastrichtMBA also consists ofworkshops in which participants in both the full-timeresidential and the part-time executive formatscollaborate. These workshops focus on corporatesocial responsibility (CSR), leadership, ethics, themarket and the state, innovation and changemanagement. When discussing these topics you willincorporate your individual cultural and experientialbackground, thereby enhancing your understandingof the challenges and opportunities of the globalbusiness landscape.
- 3. RESIDENTIAL MBAFULL-TIME Learning globally oriented programmes in a multiculturalTARGET PROFILEThe one-year full-time format of the MaastrichtMBAhas been developed for managers and entrepreneurswith at least three years of postgraduate workexperience, who have a passion for the challenges ofmanaging and leading organisations in a multicultural,global context. The programme combines the latestmanagement thinking with practice and appliedresearch, with an emphasis on leading and managingin multicultural settings.PROGRAMME REPUTATIONThe full-time residential format of the MaastrichtMBAis ranked #2 in the Netherlands according to EduniversalsBest Masters ranking, internationally accredited byNVAO, ACBSP, IACBE and AMBA, and draws on MSMs60-year experience in management and businesseducation. It was one of the three nominees for theNuffi c Orange Carpet Award in 2014, in recognitionfor its contribution to the internationalisation of highereducation in the Netherlands. In 2014, MSM was short-listedfor the Association of MBAs (AMBA) innovationaward.YOUR DEGREEUpon completion of the full-time residential format ofthe MaastrichtMBA, you will receive an MBA degreefrom MSM, as well as a joint Postgraduate Certififi catein Global Management from both Maastricht School ofManagement and Maastricht University School ofBusiness and Economics.environment under a tight schedule is an incredibleventure. It is challenging but also exciting and very fruitful!The MBA at MSM opened my mind, shaped my behaviourand equipped me with capabilities to deal with businessesin todays ever-changing globalised environment.Paulin Kadahizi, Rwanda. Class of 2014. WHY CHOOSE THE FULL-TIMERESIDENTIAL MBA?Invest in your futureThe one-year full-time residential format prepares youto take up leading and challenging positions in theprivate or public sector, or to successfully start your ownentrepreneurial venture. Our MBA graduates occupytop positions in business, government and academia.Develop your global leadership skillsGlobal and multicultural leadership skills are vital assetsfor todays managers. Joining the MaastrichtMBAclass will challenge you to develop your managementskills in a diverse, international and multiculturalenvironment. The more than two dozen nationalitiesrepresented in a typical class of the full-time residentialformat of the MaastrichtMBA create a stimulatinglearning environment inside and outside the classroom.This will help you develop your global and multiculturalleadership skills and expand your global network.Maastrichts proximity to other major European countriesand MSMs global network of partner institutions,including partnership of the Global Business SchoolNetwork (GBSN) only add to our attractiveness as aninternational management school.Be responsibleMSM subscribes to high ethical standards in businessand strongly promotes corporate social responsibility(CSR) and sustainable development. We subscribe tothe Principles for Responsible Management Education(PRME).With CSR and business ethics constitutingan integral part of the MBA curriculum, youwill be trained to become a responsibleand effective manager.My mentor and I soon discovered that we wereboth interested in sustainable development.My mentor happened to be well-vested in issuesof sustainable energy. In the area of climate changeissues and considering that my country is beginningto put sustainable energy sources in the fore ofdevelopment initiatives, I learned a lot from him.Morgan Mwesa Kapeya, Zambia. Class of 2013.
- 4. Get access to our broad business networkPursuing an MBA degree is not only about managementthinking and case studies. Our strong links to thebusiness community will give you exposure to the bestcompanies and organisations in the region, who bestexemplify successful global business and management.This is facilitated by our international managementmentorship programme, the MBA Business Colloquiumand work visits to regional companies and organisations.The international management mentorshipprogrammeOur mentorship programme is a platform to connectour talented, experienced and diverse group of MBAstudents on an individual basis with representatives ofthe local and regional business community andgovernmental institutions. This match allows mentorsand students to build mutually benefi cial and durablenetworks and relationships. For MBA students, thementorship programme is a unique and muchappreciated opportunity to gain insights into forinstance Dutch business and governance know-how.The initiative is also valued by local representatives,who see it as a chance to broaden their personalknowledge of foreign business cultures and expertise.The precise content of the mentorship is jointlydetermined by the mentor and the student. Professionalinteraction is the main objective of the mentorshipprogramme; experience shows however that the mostdurable and benefi cial relationships are most oftenbuilt in the cultural and social sphere.The MBA Business ColloquiumEvery month during the academic year the MBABusiness Colloquium features a guest lecture with arepresentative of the business community on a subjectdirectly linked to the MBA course topic. In this way,theory is directly linked to practice.Customise your MBAIn the specialisation phase of the programme you canchoose to specialise your MBA in one of the followingfi ve topics*: social entrepreneurship, business and public policy, management information systems, change and innovation and environmental management.* please note that specialisation themes are subject tochange.I attribute my success in my political career to theMBA programme at MSM. The holistic world classeducation and training that I received at MSM hasdefi nitely been instrumental for shaping my destiny.Dorji Wangdi, Member of the Parliament in Bhutan,Winner Global Visionary Leadership Award 2013.Class of 2004.
- 5. CURRICULUMThe full-time residential format of theMaastrichtMBA is built up from three parts:the functional core, the specialisation and theintegration stage, resulting in a total of 70 ECTS.Introduction programmeThe MBA year starts with a two-week introductionprogramme. During this introduction you will followworkshops to train your soft skills, such as presentationskills, group dynamics and meeting skills. These workshopscombined with teambuilding activities will give you theopportunity to get to know your fellow participants. Training your soft skillsMBA introduction weeks: Soft skill workshops Teambuilding activitiesFunctional coreThe functional core focuses on the main functionalactivities of an organisation. You will follow courseson fi nance, accounting, economics, global corporatestrategy, marketing in the global context, global supplychain management, innovation and new businessventures, leadership, change and organisation,corporate responsibility and ethics. Understanding the organisation Finance Accounting for managers Economics for managers Global corporate strategy Marketing in the global context Global supply chain management Innovation and new business ventures Leadership, change and organisation Corporate responsibility and ethicsIntegration workshopsThe integration component takes place at differentstages throughout the programme and starts with thecourse Managing Cultural Diversity. Apart from thiscourse the integration phase consists of workshops inwhich you will work closely together with your fellowstudents from the part-time executive format of theMaastrichtMBA, who have predominantly a Europeanbackground. You will participate in three workshops.During these workshops you will discuss topics suchas corporate social responsibilities (CSR), leadership,ethics, the market and the state, and how to dealwith constrained resources, change and innovation.In these sessions, you will learn from the cultural andprofessional experiences of your fellow participants,and acquire a deeper insight into the challenges andopportunities of todays global business arena. Experiencing global challenges and opportunitiesManaging cultural diversityInteractive workshops on topics such as: Corporate social responsibility (CSR) Leadership Ethics The market and the state Dealing with constrained resources Change and innovationSpecialisationThe specialisation courses of the full-time residentialformat of the MaastrichtMBA are set up around fifi vespecialisation topics. These topics are social entre-preneurship,business and public policy, managementinformation systems, change and innovation andenvironmental management*.By following the fi ve courses offered within one topicyou specialise your MBA in this particular topic. Youcan also choose electives, which means that you takefi ve courses across the different specialisation topics. Customising your MBAChoose your courses in following specialisationthemes*: Social entrepreneurship Business and public policy Management information systems Change and innovation Environmental management* please note that specialisation themes are subjectto changeMaster thesisYou will complete your MBA with an individualassignment. In the full-time residential format you willwrite a masters thesis that aligns with your specialisation,documenting how you apply your academic knowledgegained during the programme. You will be supervisedby an academic advisor. You will present the conclusionsand recommendations of your thesis on campus infront of a jury of academics. Applying your knowledge and skills Masters thesis
- 6. EXECUTIVE MBAPART-TIME The programme enables me to work in ItalyTARGET PROFILEThe part-time executive format of the MaastrichtMBAis a fl exible programme in which professionals, managers,trainers and academics are brought together to analyse,discuss and solve real-life business problems, preferablyfrom their own work context. The study broadens yourperspective on the functioning of organisations, onthe competitive environment in which they operateand on your own role in this context. It does so in aninnovative and personal manner in which co-creationof insights and solutions is encouraged, and the transferof refl ection to concrete actions by means of actionlearning is stimulated.PROGRAMME REPUTATIONThe part-time executive format of the MaastrichtMBAis ranked #1 in the Netherlands and #5 in WesternEurope according to Eduniversals Executive MBARanking 2014. It is also Triple Crown accredited (AACSB,EQUIS and AMBA). This triple international accreditationconfi rms the high quality of Maastricht Universityseducation and research. Only 1% of all businessschools worldwide can claim Triple Crown status.MBA DEGREEUpon completion of the part-time executive format ofthe MaastrichtMBA, you will receive an MBA degreefrom Maastricht University School of Business andEconomics, as well as a joint Postgraduate Certifi catein Global Management from both Maastricht School ofManagement and Maastricht University School ofBusiness and Economics.while studying in Maastricht.Amer Doha, Lebanon,Programme Manager at Itatel.Graduating in 2015. WHY CHOOSE THE PART-TIMEEXECUTIVE MBA?Immediate resultsThe part-time executive format of the MaastrichtMBAis a journey rather than a destination. Although a degreefrom an internationally accredited, top-quality MBAprogramme will open doors in your career, your personaldevelopment along the way is what matters most.Through action learning, you will be challenged toinstantly use the acquired academic knowledge foranalysing, assessing and potentially solving actualbusiness cases from your own work context.The part-time executive format will enable you toexcel in higher management positions that demanda solid leadership role.Developing talent togetherThe part-time executive format of the MaastrichtMBAtakes a personal approach to learning. We fully recognisethat your knowledge, professional experience, workingcontext and ambitions are unique; hence yourindividual learning objectives differ from those of yourfellow participants. We therefore tailor the MBA toyour specifi c needs. No basic set of managementcourses, but an integrated and holistic programmedesigned around your personal learning objectives.Participating in the executive format of theMaastrichtMBA truly means developing talenttogether!The MaastrichtMBA continues to excel in sharingup-to-date knowledge, suited to the challengesof an ever-evolving business environment.Vincent Koel, the Netherlands,Director Marketing Europe, Fleets at SAF-HOLLAND.Graduating in 2015.
- 7. Designed for professionalsAn internationally oriented executive MBA means thatas a full-time working professional you should be ableto join our programme without having to care toomuch about travel distance and study pace. This iswhy the part-time executive MBA format of theMaastrichtMBA is designed in a modular format withfour educational weeks (Monday - Friday) each year.This is also why you can spread your study load over amaximum of four years. For each module that comesalong, simply choose whether you will join it or not. Aslong as you complete all educational modules in theend, anything goes!Creating responsible leadersThe part-time executive format of the MaastrichtMBAfocuses on responsible leadership, and stimulates youto develop skills to lead yourself, your team and yourorganisation. By becoming more aware of your personalmotivations, values, qualities, weaknesses, leadershipviews and convictions, you can develop deeper insightsinto your own management and leadership skills. Toaccomplish this, you will be assigned a personal coachand linked to a fellow participant in the buddy-coachingsystem. You will also be expected to actively participatein mutual learning groups, interactive workshops andtraining sessions to experiment with and refl ect onyour leadership behaviour.Knowledge across culturesGlobal and multicultural leadership skills are vitalassets for todays working professionals. Joining theMaastrichtMBA class will allow you to be trainedin an international and multicultural environment.The programme includes an international weekin one of the BRICS countries (Brazil, Russia, India,China, South Africa), consisting of academic meetingsat one of our local partner universities, business tripsto local companies and multinationals, culturalexcursions and a practical social innovation project.During the domestic modules, interculturalexperiences are stimulated by the integrationworkshops in which you will collaborate with yourfellow-participants from the full-time format of theMaastrichtMBA who hail from across the world.From every encounter with fellow students, facultyand staff you can notice that the focus is on quality.Samir Banamah, Saudi Arabia, BusinessDevelopment Specialist at SABIC. Graduating in 2015.Problem based, solution orientedProblem Based Learning (PBL) is a student-centredlearning approach that allows you to be in charge ofyour own learning curve at all times. You learn to workin small groups and to explore a wide array of themesand subjects in cooperation with fellow students andteaching faculty. Your own professional experiencecontributes to the quality of the discussions. In thepart-time executive format of the MaastrichtMBA,PBL is combined with action and experiential learning.Theory is tightly connected to practice by bringingcases from your own work environment to campusand experimenting with newly acquired academicmodels at the workplace. This powerful learning blendallows you to get the most out of get the most out ofthe programme.
- 8. CURRICULUMThe part-time executive format of theMaastrichtMBA consists of an introductionweekend, fi ve modules in Maastricht, one modulein Belgium, one module in Germany, an internationalweek in one of the BRICS countries, a leadershipdevelopment trajectory, six integration workshops,and a business consulting project, resulting in atotal of 70 ECTS.Introduction programme Leading in LearningYou kick off your MBA journey with a three-dayintroduction programme consisting of inspiring sessionsand work-shops to discover the art of learning.Maastricht modulesYou attend fi ve educational weeks at SBE and getinspired by teaching faculty and fellow participantsduring your stay on our campus. You are allowed tocomplete the modules in any order. The themes ofthe domestic modules are: Corporate fi nance and accountingfi nancial management, corporate governance,management accounting & control The international environment of businessmacro-economics, micro-economics, valuing diversity Sustaining competitive advantagestrategic management, corporate social responsibility,marketing Entrepreneurship and new business developmententrepreneurship, innovation & corporateentrepreneurship, co-creation & creativity Understanding organisations in times of changeorganisation design & change, organisationalbehaviour, authentic & inspirational leadershipLeading strategic changeAll students jointly participate in an intensiveone-week module at an inspiring conference farmin Belgium to actively practise and experiment withleading strategic change through the use of mentalmodels, creative dialogue and Theory U.Responsible leadershipMeet exemplary leadership behaviour by attending aone-week module on corporate social responsibilityand ethics at the venue of Cologne Business School(CBS) in Cologne, Germany.*Business in emerging marketsFor one week, you visit one of the BRICS countries(Brazil, Russia, India, China or South Africa) to experiencethe power of emerging markets, foreign businessclimates and the challenges of inequality fi rst-hand.Leadership development trajectoryThe leadership development trajectory is an integralelement of the part-time executive format of theMaastrichtMBA. By becoming more aware of yourpersonal motivations, values, qualities, weaknesses,leadership views and convictions, you can developdeeper insights into your own management andleadership behaviour and competencies.You determine, assess and enhance your personal andleadership competencies together with your coachduring this unique leadership development trajectory,consisting of following components: General introduction session Intake meeting with your personal coach Six meetings with your mutual learning group Six individual sessions with your coach Five buddy-coaching sessions with a fellow MBA student Skills training sessions as part of an educational module Team assignments during educational weeks on campus Individual feedback on your leadership progressIntegration workshopsThe integration workshops take place at different stagesduring the programme and require you to work closelytogether with fellow students from the full-timeresidential format of the MaastrichtMBA, who mainlycome from emerging and developing countries. You willparticipate in six workshops. During these workshops youwill discuss topics such as CSR, leadership, ethics, themarket and the state, and learn to deal with constrainedresources, change and innovation. In these sessions, youwill bring in your own cultural and professionalexperiences.Business consulting projectYou will complete your MBA with an individual researchassignment. In the part-time executive format, you haveto complete a business consulting project. This project isconducted in close cooperation with the corporate world,usually your employer. You will fi nalise the project witha written report documenting how you applied theacademic knowledge gained to a current problem in theorganisation you work for. You will present the conclusionsand recommendations of your report on campus infront of a jury of academics and business people.* please note that rights are reserved to change thecontent and venue of this module during the course ofthe programme
- 9. ADMISSION &PRACTICAL INFORMATIONADMISSION REQUIREMENTSFULL-TIME RESIDENTIAL FORMAT At least a bachelors degree from a recogniseduniversity At least three years of relevant working experience,obtained after your bachelors degreeYou are required to take a GMAT (Graduate ManagementAdmission Test) and obtain a score of 600 or higher.In addition to a GMAT of 600 or higher, we will alsoaccept a GRE with an equivalent score of 600 orhigher. Without either of these two, you need tocomplete four online levelling courses.PART-TIME EXECUTIVE FORMAT At least a bachelors degree from a recogniseduniversity At least fi ve years of relevant working experience,obtained after your bachelors degree.You are required to take a GMAT (Graduate ManagementAdmission Test) and obtain a score of 600 or higher.The GMAT requirement can be waived under specifi ccircumstances. Please ask the Admission Offi ce formore details.Profi ciency in EnglishIf your native language is not English, you must submit evidence of profi ciency in the English language by presenting: a TOEFL (Test of English as a Foreign Language) score (88 internet-based test; 570 paper-based test) or an IELTS (International English Language Testing System) score (6.5 academic test).
- 10. ADMISSION PROCEDURESCandidates are admitted to the MaastrichtMBA on acompetitive basis. To apply for the full-time residentialformat please fi ll out the online application form at:www.maastrichtmba.com/apply-ftTo apply for the part-time executive format pleasefi ll out the online application form at:www.maastrichtmba.com/apply-ptIn order to complete the application process we alsoneed the following documents: Certifi ed copies of bachelors/masters degrees andtranscripts Proof of English profi ciency Two reference letters Personal resum Motivational letter GMAT score report Copy of passport and passport-size pictureAll letters and documents must be submitted, oraccompanied by certifi ed translations, in English,the offi cial working language in the MaastrichtMBA.INTAKE INTERVIEWYou will be interviewed by an MSM or SBE faculty orstaff member, or an MSM or SBE alumnus. This interviewwill give you a chance to highlight any motivation orskills beyond the CV and letter of motivation. It willalso give us a chance to learn more about yourmotivation for joining the MaastrichtMBA.PROGRAMME FEESFor more information on the tuition fee for theMaastrichtMBA and other programme related cost,check our website, for the full-time residential format:www.maastrichtmba.com/full-timeand for the part-time executive format:www.maastrichtmba.com/part-timeAPPLICATION DEADLINESIf you wish to apply for the MaastrichtMBA, you shouldtake into account the following application deadlines.Full-time residential format:Deadline for NFP/MSP candidates: Early spring*Early Bird deadline: 1 AprilDeadline for non-EU residents: 1 JulyDeadline for EU-residents: 1 AugustProgramme starts in September of each yearPart-time executive format:Deadline for start in February 1 DecemberDeadline for start in September 1 July* Check our website for the exact date or contact theAdmissions offi ce.MORE INFORMATIONFor more information on the MaastrichtMBA,please contact the Admission Offi ces atFull-time residential formatT +31 43 38 70 882, E: [email protected] executive formatT: +31 43 38 84 939, E: [email protected] of Business and Economic s
- 11. MAASTRICHTMBAD E V E L O P I N G TA L E N T T O G E T H E REndepolsdomein 1506229 EP MaastrichtThe NetherlandsSchool of Business and Economic sTongersestraat 496211 LM MaastrichtThe Netherlands
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