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IESE European schools are proving their match vs US schools

A. What do you consider the most significant developments in MBA/management education and the international business school market as a whole this year?

1 - European schools are proving their match vs US schools

European business schools are increasingly demonstrating to the world that they have advantages to offer that the US powerhouses don't . These core advantages include international exposure, globalization and cross-cultural understanding. That's why U .S. schools are coming to Europe to try to copy the European approach.
This year, IESE was ranked number one in the Economist Intelligent Unit's annual survey of business schools. It is the first time that a European school has received the top ranking.

2 - The development of different formats of the same program as an answer to demands of the marketplace.

The development of new formats for MBA programs, as well as executive education offerings has represented an important shift in the market. Nevertheless, it is remarkable that the traditionsl full-time MBA program has made a comeback because offers advantages in terms of career transformation and the acquisition of key management skills. The full-time MBA is seen as a life-changing experience.
Executive MBA programs, meanwhile, meet the needs of more experienced executives who are seeking to take a major step forward in their career paths, by expanding their skill sets or honing their leadership capabilities.
At IESE , we offer a range of programs to meet the requirements of executives at every stage of their careers. They include full - time MBA, the Executive MBA and the Global Executive MBA. Each program is designed to fit the needs of a distinct candidate profile.

3 - Recovery of the job market: rise in hiring of MBAs

The job market for hiring MBAs is once again at the level of the best years, after some slack years since the bubble of 2001. Companies are back and willing to pay for good talent.
IESE's experience - Class of 2005, 87% hired a month and half after graduation; 95% three months after graduation, 60% in sectors which pay as much as 112,000 euros.

4 - Applications fell in the U. S. market but remained steady in Europe

U.S. business schools have seen a decline in applications while the European market as a whole has maintained its figures. The U.S. is a mature market, but clearly , global competition in the marketplace has prompted U.S . schools to seek students outside of their own country. In Europe, some American schools have even launched new programs. In this context, U.S. schools are coming to Europe and aggressively seeking European participants.

5 - Program content: greater demand for teaching of complex skills

It's a trend that can be observed for the last years. The development of complex skills in areas such as coaching and leadership has become increasingly important to company managers. Moreover, the means of delivering program content and teaching participants has also become become sophisticated. Business schools have to excel in these two areas if they are to attract new students.

B. What do you consider to be the most significant developments at your school this year?

- Campus expansion in Madrid and Barcelona. Major refurbishments of the Madrid and Barcelona campuses will ensure that IESE continues to grow both academically and visibly. Both campuses feature the latest multimedia learning technologies in its state-of-the-art lecture rooms.

- Launch of more international programs abroad.

This year, the launch of the school's hallmark Advanced Management Program in Poland was an important step toward strengthening the school's presence in Eastern Europe. At the same time, the executive program Inside India - to be held in Mumbai and other sites - was launched. The school has also entered into an agreement to support a business school in Kenya, after many years of activities in Africa. These international projects in emerging markets, follow others launched in the past such as programs in Brazil, Egypt and China.

- International programs with powerful alliances such as Harvard and C EIBS for Global CEO Program for China.

- Greater strategic interests in Asia (China, Japan, India), Central Europe (ex-communist countries) and the U.S.

- Hiring of more young and reputable international faculty

- Rise in MBA applications despite general trend of falling applications

Die wichtigsten Neuigkeiten jeden Morgen in Ihrem Posteingang.