News / events
IMM Winter 2013 Newsletter
17/01/2013
Hello IMM Alumni and Friends,
Happy New Year! We hope you had a joyous holiday season, and are as enthusiastic about 2013 as we are.
We’re already off to a busy start. We’re beginning the year as seven partners instead of four. We’re enhancing the IMM program to take best advantage of our partners’ respective strengths. And we’re in the midst of recruiting for our newest IMM class.
There will be several exciting changes and developments to the program as we continue to make progress on our expansion plans. We invite you to visit the IMM website often to see what’s in store for our new students and graduates.
Wishing you a healthy and prosperous 2013!
Early in the event—a four-hour-program focusing on modern dimensions of global strategy—philanthropist and investor George Soros assessed key financial and international banking and investment challenges for the global economy. Speaking at Central European University, which he founded in 1991, Soros remarked on efforts to rectify damage from the 2008 world financial crisis and avoid repeating a similar disaster, saying that “globalization spread like a virus” with capital moving freely among countries, but that designing regulations to protect markets is “very much a sovereign” activity. “Re-regulating markets,” Soros said, “isn’t making much progress.”
Soros noted that since the 2008 crisis, “there is a tremendous, ongoing transformation that hasn’t run its course.” Financial services, for example, are “in turmoil; the future is still up for grabs,” he said.
Since its beginning two decades ago, the IMM Global Executive MBA program has prepared executives to find opportunities and succeed in the challenging environment Soros described. “Global business is changing radically and in surprising ways," said Mel Horwitch, dean of CEU Business School, one of IMM’s founding partner schools. “To continue to deliver the best value for our students we have created this unprecedented set of partnerships. Our expanded IMM program will increase our effectiveness in preparing graduates to lead multinational teams and thrive in today's fast-changing business climate.”
The three new institutions joining the IMM program represent some of the most competitive regions in the world: EMLYON Business School in France, EBAPE School of Administration – FGV in Brazil, and Tianjin University’s College of Management and Economics in China. They join existing IMM partners CEU Business School in Hungary, GISMA Business School in Germany, Krannert School of Management in the United States, and TiasNimbas Business School in The Netherlands.
Students in the IMM program are seasoned professionals in decision-making and leadership capacities at their firms and—increasingly—successful entrepreneurs. They study in two-week modules, with each module taking place on a designated partner-school campus, thereby enabling IMM participants to take the 20-month program without interrupting their careers.
“We are eager to work with our new partners to create relevant and sophisticated learning opportunities that only an IMM program spanning the globe can provide,” said P. Christopher Earley, dean of the Krannert School of Management at Purdue University. “This very important milestone provides a new model for global business education—one of leveraging diverse core competencies through a partnership of equals.”
The IMM Global Executive MBA program has been recognized as one of the world’s “most international executive MBA” programs by the Financial Times. It is accredited in the United States and in Europe.
Faculty members who taught during the residency shared their Central Eastern Europe perspectives on a number of subjects:
Students gained first-hand experience and insights during company visits to Nokia Siemens Networks and Grundfos at Tatabánya during the residency.
Even with the demanding course schedule, students were able to enjoy Budapest. They went sightseeing and visited the Parliament by the Danube, tested their physical stamina in the IMM Football/Basketball Tournament, and strengthened their gastronomy skills at Chef Parade where they cooked and tasted an international five-course meal.
Photos from the residency will be posted on Facebook and on the IMM website for everyone to enjoy. A film with highlights of the residency will also be posted to the site and to YouTube.
The site also now features real students from the IMM program on the homepage. Photos were taken during the Budapest residency at CEU Business School. We thank the students who participated in the photoshoot. They proudly represent the unique character and outstanding educational experience of the IMM Global Executive MBA program.
IMM Calendar
Happy New Year! We hope you had a joyous holiday season, and are as enthusiastic about 2013 as we are.
We’re already off to a busy start. We’re beginning the year as seven partners instead of four. We’re enhancing the IMM program to take best advantage of our partners’ respective strengths. And we’re in the midst of recruiting for our newest IMM class.
There will be several exciting changes and developments to the program as we continue to make progress on our expansion plans. We invite you to visit the IMM website often to see what’s in store for our new students and graduates.
Wishing you a healthy and prosperous 2013!
Multi-Partner IMM Global Executive MBA Program Undergoes Major Expansion and Upgrade Mirroring Today's Global Challenges and Opportunities
To be successful in today’s increasingly complex global business arena, there is no substitute for on-the-ground familiarity, especially when coupled with an informed global outlook. Deans from seven prominent business schools on four continents—all supporters of this dual approach—converged at Budapest on 29th October 2012. They gathered to sign a Letter of Agreement in a ceremony recognizing the expansion of the 20-year-old IMM Global Executive MBA program from four partner schools to seven.Early in the event—a four-hour-program focusing on modern dimensions of global strategy—philanthropist and investor George Soros assessed key financial and international banking and investment challenges for the global economy. Speaking at Central European University, which he founded in 1991, Soros remarked on efforts to rectify damage from the 2008 world financial crisis and avoid repeating a similar disaster, saying that “globalization spread like a virus” with capital moving freely among countries, but that designing regulations to protect markets is “very much a sovereign” activity. “Re-regulating markets,” Soros said, “isn’t making much progress.”
Soros noted that since the 2008 crisis, “there is a tremendous, ongoing transformation that hasn’t run its course.” Financial services, for example, are “in turmoil; the future is still up for grabs,” he said.
Since its beginning two decades ago, the IMM Global Executive MBA program has prepared executives to find opportunities and succeed in the challenging environment Soros described. “Global business is changing radically and in surprising ways," said Mel Horwitch, dean of CEU Business School, one of IMM’s founding partner schools. “To continue to deliver the best value for our students we have created this unprecedented set of partnerships. Our expanded IMM program will increase our effectiveness in preparing graduates to lead multinational teams and thrive in today's fast-changing business climate.”
The three new institutions joining the IMM program represent some of the most competitive regions in the world: EMLYON Business School in France, EBAPE School of Administration – FGV in Brazil, and Tianjin University’s College of Management and Economics in China. They join existing IMM partners CEU Business School in Hungary, GISMA Business School in Germany, Krannert School of Management in the United States, and TiasNimbas Business School in The Netherlands.
Students in the IMM program are seasoned professionals in decision-making and leadership capacities at their firms and—increasingly—successful entrepreneurs. They study in two-week modules, with each module taking place on a designated partner-school campus, thereby enabling IMM participants to take the 20-month program without interrupting their careers.
“We are eager to work with our new partners to create relevant and sophisticated learning opportunities that only an IMM program spanning the globe can provide,” said P. Christopher Earley, dean of the Krannert School of Management at Purdue University. “This very important milestone provides a new model for global business education—one of leveraging diverse core competencies through a partnership of equals.”
The IMM Global Executive MBA program has been recognized as one of the world’s “most international executive MBA” programs by the Financial Times. It is accredited in the United States and in Europe.
The Budapest In-Residency Program Was One to Remember
Students returned home with considerable knowledge and experience from the in-residency program in Hungary held October 28 to November 10. The residency began with an exciting event announcing IMM’s new partnerships and expansion. The event featured a special conversation with George Soros on current global economic challenges, and the role of business schools in creating talented decision makers and leaders.Faculty members who taught during the residency shared their Central Eastern Europe perspectives on a number of subjects:
- Foreign direct investment with emphasis in Hungary: Prof. Maria Findrik
- Marketing strategy: Prof. Patrick Duparcq
- Global macroeconomics: Prof. Joe Nellis
- Finance for managers: Prof. Bill Lewellen
- Drivers, strategies and business models for emerging markets: Prof. Yusaf Akbar and Prof. Mel Horwitch, Dean of CEU Business School
Students gained first-hand experience and insights during company visits to Nokia Siemens Networks and Grundfos at Tatabánya during the residency.
Even with the demanding course schedule, students were able to enjoy Budapest. They went sightseeing and visited the Parliament by the Danube, tested their physical stamina in the IMM Football/Basketball Tournament, and strengthened their gastronomy skills at Chef Parade where they cooked and tasted an international five-course meal.
Photos from the residency will be posted on Facebook and on the IMM website for everyone to enjoy. A film with highlights of the residency will also be posted to the site and to YouTube.
Learn About New Partners on Our Website
The IMM website has been updated to showcase our new partners from France, Brazil and China. Visit the site to learn more about our new partner schools and the expanded program.The site also now features real students from the IMM program on the homepage. Photos were taken during the Budapest residency at CEU Business School. We thank the students who participated in the photoshoot. They proudly represent the unique character and outstanding educational experience of the IMM Global Executive MBA program.
Spread the Word
Do you have a colleague or friend who might be interested in joining the IMM program? Please have them contact us.IMM Calendar
January – December 2013
February
| Feb 15 | Purdue Executive Education Information Session |
|---|---|
| Feb 24 - March 9 | IMM 2013-3 - in Mexico City and Puebla |
March
| Mar 24-29 | IMM 2014 Program Launch |
|---|
May
| May 3 | Purdue Executive Education Information Session |
|---|
June
| Jun 16-29 | IMM 2014-1 – 1st week at TiasNimbas; 2nd week at EMLyon |
|---|---|
| Jun 16-29 | IMM 2013-4 at Purdue |
| Jun 20-22 | IMM Alumni event at Purdue University (tentative) |
| Jun 21 | Purdue Executive Education Information Session |
October
| Oct 13-26 | IMM 2013-5 in China |
|---|
November
| Nov 3-16 | IMM 2014-3 in Hungary |
|---|---|
| Nov 15 | Purdue Executive Education Information Session |
December
| Dec 14-15 | IMM 2013 Graduation at Purdue University |
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If they have questions or comments: Mr Andras Karpaty, E-Mail: Karpatya@ceubusiness.org
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