2011-2012

Master of Global Management

The autonomous management school of the University of Antwerp

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Life-long learning for managers

Our trademark is that besides just offering an education, we also pay attention to the development of competencies and personality. Companies tell me that Antwerp Management School master graduates are quite conscious of their individual profile and therefore immediately productive.
Antwerp Management School is ambitious, and we want to share that ambition with the students in our graduate programs. As a young management school drawing on a long tradition, we have rapidly acquired an important place among business schools locally and internationally. We want to develop and expand this position firmly year after year. The accreditation we recently got from AACSB is another token of our ambition. The growth and success of Antwerp Management School is especially due to its uniqueness. We are passionate about management and developing and promoting young management talent. This passion has been translated into a number of graduate programs such as the master of Global Management. Local markets are becoming world markets. As a result of globalization, managers need to be internationally oriented. Even within their own organizations, managers increasingly face a need for flexible, cross-cultural interaction. As the global village becomes reality, the domain in which the manager works is growing to encompass the entire world. Consequently, Antwerp Management School is determined to educate its students to become young professionals who take on important responsibilities in the global business community. We promote entrepreneurship, responsibility and professionalism in a student-friendly environment. Our location in the heart of Europe, in the thoroughly creative, internationally attuned, friendly city of Antwerp is a great asset for this mission. Welcome to Antwerp Management School.
Antwerp Management School has been awarded the prestigious AACSB label by the Association to Advance Collegiate Schools of Business. AACSB accreditation is the international hallmark of excellence in management education. It represents the highest standard of achievement for business schools worldwide.

Philippe Naert
Dean Antwerp Management School

Antwerp Management School

On March 31, 2000, Antwerp Management School was established as an independent entity within the University of Antwerp (UA). All postgraduate management programs and business management master programs in the UA were transferred to Antwerp Management School. Because of the close collaboration with the Faculty of Management and Economics, and that of Political and Social Sciences, Antwerp Management School has many advantages as a university management school providing high quality management programs. The UA and its faculties have a solid reputation at home and abroad, and they participate in many national and international research and educational projects.

Master programs
A master program is a long-term curriculum intended for present and future managers. The programs last at least ten months and at most two years some can be taken full time, others part time. Antwerp Management School awards legally recognized master degrees in management, human resource management, MBA, global management, finance, innovation & entrepreneurship management and 3continent global management, among others.

A Management school without borders: international thinking and acting

Overcoming borders, thinking and acting internationally this typifies our university management school. In China, Moscow and elsewhere, Antwerp Management School has launched dynamic projects and personalized programs. Programs targeting an international audience are also being offered in the home port of Antwerp.

Studying at Antwerp Management School is truly a life-changing experience! The diverse and international group of students is an incredible asset and makes all the hard work very interesting and rewarding.
Hianny Romero (Bolivia, Class of 2009)

Education at Antwerp Management School Theoretical courses with hands-on learning

Antwerp Management School offers two types of educational programs: master and executive programs. The wide range of courses combine scientific accuracy with a hands-on approach. Managers with divergent educational backgrounds and work experience can take introductory, refresher or advanced programs. There are twelve master programs and more than sixty short or long-term executive programs on a variety of subjects. In every field, they are also set up for organizations in the public and social profit sectors. All programs are designed to take account of the participants needs and demands. By regularly reviewing course content and assessing students needs, the School ensures continual innovation at the highest level of quality.

Master of Global Management

Objectives

Master of
Target group
The master of Global Management program is intended for recent university graduates (or students with equivalent degrees) who want to build their career in an international business environment, be it for a local company with considerable business abroad, or for a multinational company. Students should be fluent in English, and international exposure is definitely an advantage. Over the past 10 years, 605 from some 43 countries all over the world students have joined the program. The student body comes from: n Belgium: 24% n China: 21% n Rest of Europe: 18% n East and Central Asia: 12% n Rest of Asia: 5% n Latin America: 11% n North America: 5% n Africa: 4% This truly international composition of the group is definitely a major asset and offers all participants a profound multicultural experience.
North Africa: America: 4% 5%

The master of Global Management is designed for students who want to enhance their hands-on management skills in an open and international environment. The program focuses on: n improving participants knowledge of management functions n integrating the knowledge and skills required to perform in key managerial positions: leadership, people management and long-term planning n strengthening business skills, such as entrepreneurship, perseverance, motivation, emotional intelligence and initiative n developing social skills, problem-solving skills, communication skills and the capacity for teamwork and leadership n examining global issues from a European perspective, highlighting technological opportunities for innovation, change and progress

Latin America: 11%

Belgium: 24%

Participants from all over the world, recent graduates and young professionals alike, join to lay the foundations for a succesful business career in an international environment. The program provides a truly multicultural experience through its diverse student body, international teaching staff and its international business projects and exchange opportunities.
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Rest of Asia: 5% East & Central Asia: 12% Rest of Europe: 18% China: 21%

Global Management
Program Schedule
Courses are scheduled over a 10-month period starting in September. They are organized in two semesters. The program ends with an international business project.

Course Descriptions
n Management

n Managerial

Decision Making

and Organization

Course
Semester I

Credits

This course offers an introduction into general management and organization theory and gives insights into organizational structures and processes, managerial decision-making processes, organizational culture and power phenomena in organizations and the impact of the environment on organizations. The course aims to create awareness of the many different viewpoints or perspectives through which organizations can be analyzed. It provides the student with a systematic, critical understanding of organizational theory and practice. The case method will be used to illustrate theoretical insights and models. Most of the sessions will start by discussing a case, so students are expected to have read the case studies thoroughly before each session. n Economic

Management & Organization Economic Analysis and Managerial Decision Making Accounting Marketing Management People Management in a Global Context Development of Personal Management Talent Semester II Financial Management Global Strategic Management Business in the European Union Asian Economic & Business Environment International Business Project including International Trade Management

3 3 6 6 6 3

The primary objective of this course is to experience the possibilities, limitations and traps of quantitative methods and how to make use of them in managerial decision making. Emphasis is put on the way these methods can be helpful to a manager as an aid to decision making. Participants will experience this aspect of quantitative methods by examining and discussing a number of small scale applications inspired by real life situations. After completing the course, participants will know how to build a model, to choose the appropriate technique, and to assess the results obtained in order to analyze and solve a problem. The mathematical foundations are treated up to the level needed to understand the applicability/ inapplicability of quantitative methods. They are only relevant as background information and are not the main subject of the course. n Accounting The objective of this course is to help students develop a framework for understanding corporate financial reports. We will address basic accounting questions that should help them identify situations where there is a correct answer from those where judgement is required. This course provides only an overview of financial reporting. It deals with accounting concepts that students should be familiar with as users of financial reports, and highlights some of the challenges related to financial reporting. In a second part, focus will be on the use of accounting data for internal planning and control. Emphasis will be on cost accounting, budgeting and resource allocation, performance assessment, ratio analysis and assessment of financing needs. Management cannot be effective without an appropriate approach to management control, and performance measurement is at the core of any control system. The course will focus on the use and role of information, control and organizational structure, design of standards and systems for measuring performances and management control systems.

6 6 3 3 15

Analysis

This course is an introduction to some major market principles. Focus in the first part will be on microeconomics with an explanation of some key terms and subjects related to supply and demand on the market and forces leading to determination of the market price. Subsequently, we will go into greater detail on different aspects of the circular flow of economic activity, beginning with households, which are the consuming units (demand in output markets and supply on input markets). Next the focus will switch to firms on the supply side of the market, and more specifically to the firms costs, revenue, profit, objectives and behavior in the market given the market structure. In the last part, we will consider market imperfections and the role of government.

Master of Global Management

n Marketing

Management

n Managing

people in a Global Context

Marketing pertains to the set of activities that try to establish mutually beneficial exchanges. These exchanges can take the form of purchases and sales, entailing monetary or non-monetary (emotional or other) compensation. Further, depending on the type of parties involved, a distinction is made between B to B and B to C marketing contexts, so consumer behavior can be studied in a business context (business marketing) or in relation to the end consumer (consumer marketing). Marketing analyzes the context (culture, demography, environment), and individual behavior patterns (evaluation, choice, habit) and their impact on consumption and marketing strategy. In this course, we focus on general marketing principles and the basic mechanisms that determine consumer reactions. We try to give students a feeling for the nature of marketing management using the business game Markstrat3. n Development

This course combines various disciplines dealing with the human aspects of organizations. Emphasis is on management of human resources in an organizational context. To fully understand the impact of the different HR practices, we will introduce the course with some general notions on motivation, leadership and culture. The main disciplines we will use are Organizational Behavior, Human Resource Management and Change Management. n Financial

Management

of Personal Management Talent

The student will learn a framework, concepts and tools for analyzing financial decisions. Topics covered include discounted cash flow analysis, investment analysis, capital budgeting, cost of capital, capital structure, dividend policy, valuation and capital asset pricing, valuation of financial and real options, and short-term financial management and planning. n Global

Personal growth and development is of high significance in a continuously changing society. A strong awareness of the possible impacts of your actions on your colleagues and on the world around you is equally important. This course aims for an in-depth development of basic skills and attitudes in order for students to develop authenticity. This is crucial for any individual to function well in an organizational (and social) setting. In this course the emphasis is put on: 1. gaining insights into your own potential and talents. 2. gaining insights into how you function individually and within a team. 3. learning how to apply these insights into a professional context. 4. understanding the conceptual framework and the underlying connections of the development of management talent.

Strategic Management

The Strategic Management course aims to provide participants with a broader understanding of strategic issues in organizations. It focuses on the content of strategy and on how a strategy is developed. A problem-based approach to theoretical concepts will be used. The course proposes a consultancy perspective to strategy and strategic management problems. Participants must (try to) apply the theoretical concepts discussed in the sessions, both within a specific industry and in different case study situations.

International Business Project

n Business

in the European Union

Regional trade groups and economic integration increasingly determine world trade and business. The European Union (EU) is no doubt one of the oldest, largest and most success-ful examples of economic integration. A solid insight into the economic and business aspects of the EU not only helps to understand the business environment in the EU, but also provides insight into integration areas like NAFTA, MERCOSUR, ASEAN, SACU and many other regional trade arrangements. The course will introduce students to the principles and the functioning of the EU. Special attention is given to basic EU economic policies, and how these influence and determine business opportunities and strategies in the EU. Students must realize that the European market is characterized by intense competition, which provides further motivation for European firms to improve both their efficiency. n Asian

Economic and Business Environment

In the course of the academic year, interactive seminars and a variety of workshops, team assignments, business games, etc. will lay the foundation for in-depth knowledge and understanding of the global economy. Moreover, a number of workshops aimed at developing essential management skills will help you carry out your international project successfully. These workshops will focus on your personal development by creating self awareness and critical reflection, communication and presentation skills as well as teamwork skills. Being able to deal with diversity is crucial when working in an international environment. Finally, general management skills such us international contract negotiation and leadership will prepare for day-to-day functioning in global positions. All of these are an integral part of your curriculum and an intensive preparation for your final project.

The course starts with the strategic importance of Asia from an economic and business perspective, as assessed by major indicators. These include indicators on the macro-economic situation, international competitiveness, the prevalence of corruption, cultural differences, etc. Regional economic integration in Asia is discussed, and selected Asian countries are reviewed in terms of historical as well as recent political, social and economic developments. International trade and foreign investment patterns of Asian regional groupings and selected Asian countries are discussed, and special attention is devoted to eligibility under the EUs Generalized System of Preferences, and to EU trade policies with regard to Asia (e.g. anti-dumping policies). Next, an indepth analysis and comparison of major business players in Asia is conducted. Some examples are the Japanese keiretsu and sogo soshas, the South Korean chaebol, government-linked and stateowned companies and former colonial trading houses. Finally, the major distribution systems are reviewed in selected Asian countries, together with alternative sources of business intelligence.

Master of Global Management

The international business project will challenge you to apply the knowledge and skills acquired during the year to a concrete management project, carried out either within a company or as a comprehensive research paper with practical applications. The content is closely related to the focus of the master of Global Management program: international business.

Admission & Selection

We are looking for high-quality candidates who have the potential to become effective managers in a rapidly changing global economy. We therefore assess the candidates intellectual ability, management potential, personal aptitude, motivation and commitment, with a view to developing qualities required to become a socially responsible business leader in a complex global economy. You must be both a leader and a team player, willing to take initiative and responsibility, eager to understand the nature and complexity of management in a global world, and driven by a strong desire to develop your entrepreneurial spirit.

Admission requirements
Candidates for the master of Global Management must have: n a university degree This degree can be in any specialization, but it must be awarded by an officially recognized institution. It should represent four years of full-time study at university level, resulting in a masters degree or an equivalent bachelors degree (a full time, 4-year curriculum, excluding orientation or preparatory years). It is possible to apply before you have completed your studies. In this case the selection procedure will take place under the assumption that you graduate from your present studies before starting the program. n proficiency in English The entire program is taught in English and students are expected to participate actively in class discussions. Consequently good, active knowledge of the English language is crucial for successful participation. All applicants whose file is accepted will be interviewed by an Antwerp Management School representative. Applicants whose native language is not English must submit TOEFL or IELTS test scores.

Once your application file has been accepted, you will be invited to take an International Admission Test. This test is done on-line at a website and tests your numerical and verbal skills. Studying for this test is not necessary. In addition, interviews with all applicants will be organized. The interview will concern your motivation, perseverance, personality, leadership skills and how you function in a group, as well as your knowledge of English. Applicants living in Belgium (or who can travel to Belgium) will be invited to Antwerp Management School for the test and the interview on special selection days in April and August. The Admissions Committee will take a decision on the basis of the application file, the test results and the interview. Candidates will receive written notification of the Admissions Committees decision within one month of completing the application procedure.

Application deadlines
For EU citizens, the application deadline is 1 September; for non-EU citizens it is 1 June. You can apply at any time, but we strongly encourage early application, as we cannot guarantee that there will still be room in the later stages of the admission process. Moreover, applying early will give non-EU students sufficient time to arrange for visas.

Selection procedure
Applicants for the master of Global Management start by submitting a file. The application form with instructions can be downloaded from our website:

Fees and expenses

The total fee of e 8.600,00 covers the tuition and use of all university facilities. It includes the cost of field trips. It does not include books. Antwerp Management School does not offer scholarships. For information on scholarships awarded by the Belgian government or private institutions, please visit our website or contact the Belgian Embassy in your country.

www.antwerpmanagementschool.be/MGM

Career Management Service (CMS)

In interviewing and negotiation sessions students learn the dos and donts of job applications. In addition, interactive sessions on career orientation and strategies are organized, highlighting appropriate ways to explore and enter the labor market. Contacts with alumni conclude the informative and preparatory part of the program: former students come to share their job-seeking experience and to describe their current positions and employers. In the second semester, focus shifts to networking activities as students get to see and meet company representatives and recruiters. The companies meet the students on campus. They give a presentation on the company, saying who they are, what profiles they are looking for, how they proceed in their selection, etc. Forums are organized on specific themes to help students get to know a large number of companies. Often these activities are followed by on-campus interviews. By carrying out a consulting project or an internship in a given company, students get a chance to do their first job or acquire additional working experience. Throughout the year, students can consult the Career Management Service for personal coaching and counselling. Moreover, the CMS office acts as a career library with relevant books and magazines, annual company reports, and access to an extended company database. Through these services, Antwerp Management School strives to extend the unique experience of a post-academic management program by offering students a chance to acquire additional skills pertinent to their professional life, and to help them enter the labor market.

The Career Management Service at Antwerp Management School is dedicated to supporting students in their job hunts. Students are provided with the necessary skills and insights and are encouraged to manage their own careers. During the first semester, several workshops and seminars are organized which are an integral, compulsory part of the study program. They are led by professionals in close cooperation with the academic staff and the coordinator of the Career Management Service. Students are actively encouraged to take all the steps inherent to any job hunt: through selfassessment exercises they become more aware of their capacities, interests and values, and they are gradually able to define their job focus. This is the groundwork for writing an effective, personal motivation letter and resum.

Antwerp, a metropolis with added value

Antwerp is a major city and by no means only in the eyes of its 450.000 inhabitants. For a number of reasons, Antwerp could be considered the Capital of Flanders. A prosperous city
At the end of the fifteenth century, Antwerp became the leading commercial centre in Western Europe. It has remained a flourishing metropolis ever since. Antwerp is the worlds fourth largest port. Every year, more than five trillion euros of added value is created here. Antwerp is also home to a number of large oil refineries and chemical and petrochemical companies, second only to Houston Texas in the industry. The city is famous as the world diamond hub more than half of all raw, cut and industrial diamonds transit through Antwerp. The Antwerp diamond sector has a yearly turnover of 17 trillion euro from 1,200 companies employing 15,000 persons. Dries Van Noten, Walter Van Beirendonck and Ann De Meulemeester, are international trendsetters admired for their innovative creations from Paris to Tokyo. A multitude of pubs and restaurants offer a large and varied selection for drinking and dining.

Antwerp Management School

Antwerp Management School is located in the historical center of the city of Antwerp. After an award-winning renovation, a splendid 15th century mansion, called Het Brantijser, became the new home of the School in the year 2000. Other university campuses are within walking distance. The School is easy to reach by public transportation.

Focused on the world

Because it is a port, Antwerp has been outward looking for centuries. Paris, London, Cologne, Frankfurt and Amsterdam are within a 300 kilometer radius, which adds to the citys cosmopolitan identity. The numerous foreign companies active in Antwerp make the city feel almost like a scale model of the world economy and the fact that a major part of the local population speaks fluent English and French simplifies international contacts.

A dose of culture
Antwerp boasts an impressive cultural heritage including the medieval Cathedral and the intimate Market Square with its Renaissance town hall and guild houses, among other landmarks. Works of Antwerps world famous painters, such as Rubens, Van Dyck and Jordaens, can be viewed in different places throughout the city. Antwerp is also the home of contemporary artists of European stature like Jan Fabre and Panamarenko, and local fashion designers, including

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Library Services
An on-line research library provides access to more than 4.000 journals and electronic databases. Business students can use the central library of the University of Antwerp (UA), the other libraries on the various campuses, and all specialized documentation centers of the university. The University of Antwerp is recognized as a European Documentation Center and is the only depository of World Bank publications in Belgium. Moreover, international newspapers are provided on a daily basis. Students have access to a vast number of publications in any field of science through an extensive network, including other schools and universities, and the library of the city of Antwerp.

Services / Technology
Antwerp Management School makes extensive technological resources available to business students. Emphasis on internet connectivity as the window to the world is clearly reflected in the program content and teaching methods. Students will use business technology on a regular basis and have free, unlimited web access. The Schools extensive campus network lets students download course materials, course assignments and software from the intranet. Several computer labs on campus are available to students, including hundreds of networked computers, laser printers and multimedia applications. All classrooms are equipped with state-of-the-art technology.

Housing
A large number of off-campus student accommodations are available in the vicinity of the School. The UA does not own any student housing but it gives students extensive assistance in securing housing, whatever the accommodations, budget and location desired.

Climate
Belgium enjoys a moderate maritime climate with fairly mild winters (average temperature in January is 5C 40 F) and beautiful summers (average temperature in July is 24 C 78F).

Antwerp

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Master of Global Management

Mediapartner

Antwerp Management School Master of Global Management Sint-Jacobsmarkt 9-13 | BE-2000 Antwerp - Belgium T +32(0)3 265 44 71 | F +32 (0)3 265 49 53 E ams-master@ams.ac.be 12

www.antwerpmanagementschool.be/MGM

The autonomous management school of the University of Antwerp