Executive MBA (Global)

Master your vision. And sharpen it.

The faculty of the Executive MBA consists of renowned international professors and top executives. They provide the latest scientifi cally-based knowledge and in-depth views of state-of-the-art applications of man-agement models, allowing you to profi t from exceptional teaching and real-world business experience.

Our Executive MBA is one of only a few worldwide to have been awarded the prestigious ‘triple crown’ of MBA accreditation, by AACSB, EQUIS and AMBA, confi rming our place among the world’s elite business universities. The outstanding quality of our executive education has recently been reconfi rmed by the Financial Times, where the WU Executive Academy has been ranked among the top European Business Schools.

After completing of the program, graduates join a vast international network of 75,000 alumni from both universities working in diverse companies and institutions around the world.

The end result is a blend of an American and European MBA, allowing you to profi t from exceptional teaching by an internationally renowned faculty, cutting-edge research and real-world business experience.

We welcome your interest in the program and invite you to explore what this unique program can do for you and your career. An MBA is a serious investment in your future, and we are confi dent that this program will exceed your expectations.

This Executive MBA is an internationally orientated, cutting-edge partnership between the University of Minnesota and the Vienna University of Economics and Business (WU Vienna), Europe’s largest business university. The program provides a unique 360° global vision with expert insights into management and leadership practice in developed and emerging markets on three continents.

In addition to interactive classes in Vienna, three inter-national residencies expose you to the latest thinking of leading international professors, senior managers and policy makers.

The Executive MBA is specifi cally designed to meet today’s real-world challenges in demanding industries or business functions. It enables you to apply up-to-date knowledge and management tools in your workplace even as you study. The program provides you with all the skills necessary to maximise your potential to become a world-class leader. In a challenging but nurturing environment, it builds a deep understanding of core business subjects in all major functional areas, while emphasizing the skills and abilities needed to recognize and adapt to emerging trends and new technologies.

During only 14 months and with only 40 days away from your job, you study and work on projects in CEE, Asia and the U.S.A. before earning both a U.S. and a European MBA degree. For part of the program, you work in a virtual team project with other Executive MBA students located on three continents.

Bodo B. Schlegelmilch Michael J. Houston

Prof. Michael J. Houston, Ph.D.Associate Dean of International Programs Carlson School of Management, University of Minnesota

Prof. Bodo B. Schlegelmilch, Ph.D., D.Litt.Dean WU Executive Academy, WU Vienna

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14 months, 3 continents,2 degrees

Welcome 3

Why Choose this MBA? 7

Your Universities 8

Unbeatable Location 11

Timeline Overview 12

360° Global Vision 15

Cutting-Edge Curriculum 16

Work with the Best 18

Module Overview 20

Student Profiles 22

Alumni Voices 23

Support Services 24

Post-Graduation Benefits 25

Application and Admission 27

Find out More 29

Meet the Team 31

Table of Contents

5

Carlson School of Management, Minneapolis, U.S.A.

ELITE ‘TRIPLE CROWN’ ACCREDITATIONThe WU Executive Academy’s Executive MBA belongs to only approximately 30 MBA programs worldwide to have been awarded the prestigious triple-crown of MBA accreditation (AACSB, AMBA, EQUIS).

DUAL DEGREEThe Executive MBA combines the resources and knowl-edge of two leading global business schools: the Carlson School of Management, University of Minnesota and the WU Executive Academy, Vienna University of Economics and Business (WU Vienna). Participants in the program benefit from this powerful partnership and graduate with two degrees.

WORLD-CLASS FACULTYOur multicultural faculty consists of both world-renowned professors and internationally acclaimed top execu-tives. Besides WU Vienna and the Carlson School of Management, in recent years professors joined us from the University of South Carolina (U.S.A.), the University of Bath (U.K.), the St. Petersburg State University (Rus-sia) and Simon Fraser University (Canada) among others, providing the latest scientifically-based knowledge and a profound understanding of cutting-edge management tools.

TRULY INTERNATIONAL PROGRAMThe exclusive program setting, with cross-cultural teams, top faculty and international residencies, reflects the reality of today’s international business world.

RESIDENCIES ON 3 CONTINENTSIn the course of residencies in 4 countries on 3 continents, (Russia, India, China, U.S.A.) participants gain in-depth knowledge of business theory and practice in both emerging and mature markets. Numerous company visits give the participants the unique opportunity to gain insider information on local management strategies.

WORLDWIDE ALUMNI NETWORKAs an Executive MBA graduate, you join two vast alumni networks of the WU Executive Academy and the Carlson School of Management. Cross-cultural business relation-ships give alumni and their companies access to an extended global network and a set of exclusive alumni services.

DYNAMIC PEER GROUPCarefully selected participants with diverse backgrounds and perspectives contribute to the quality of the pro-gram to the same extent that the faculty do. Creating new ideas, reflecting on one’s current work and exchanging insights with like-minded international colleagues adds immeasurable value to the program.

FLEXIBLE FORMATThe program structure of the Executive MBA is specifi-cally designed to accommodate the needs of hard- working executives. The modular structure, with only 40 days off-the-job, allows managers to participate in a world-class MBA program whilst developing their individual careers.

ADDED VALUE FOR EMPLOYERSRecruiting and retaining top talent is vital for truly forward-thinking companies. They understand that professional development is absolutely essential for top executives being groomed for positions of increased responsibility. The return on that investment?Executives who bring the full force of their knowledge and abilities to bear for their company’s future success.

STATE-OF-THE-ART TECHNOLOGYParticipants in the program have access to “Learn@WU”, one of the leading e-learning platforms with more than 45,000 e-learning materials and over 32,000 users. More-over, students benefit from state-of-the-art, technology-based learning methods.

Why Choose this MBA?

7

The Executive MBA is the product of a powerful partnership between two leading global business universities: Carlson School of Management at the University of Minnesota and the WU Executive Academy of the Vienna University of Economics and Business. This collaboration brings together leading perspectives and expertise from both sides of the Atlantic to create one of the finest Executive MBA programs in the world. Graduates are awarded degrees by both universities and enjoy privileged access to two vast networks of faculty and alumni.

CARLSON SCHOOL OF MANAGEMENT, UNIVERSITY OF MINNESOTAPositioned where the University of Minnesota and downtown Minneapolis connect, the Carlson School of Management is both a real and a symbolic gateway between the academic and business worlds.

Its location in the Twin Cities of Minneapolis and St. Paul, home to one of the United States’ most vibrant business communities, means that the Carlson School offers a mix of top-notch education and practical experience found at few other business schools.

The School’s graduate degree programs consistently rank among the top 20 U.S. programs, and its internationally renowned faculty is top ranked in research productivity among U.S. business schools. The Carlson School’s Graduate Business Career Center offers a wide range of services and programs to help students succeed in the competitive U.S. market. Furthermore, the University of Minnesota is one of the largest public, ‘land grant’ institutions in the U.S.A.

Within the University of Minnesota, the Carlson School International Programs Office oversees the EMBA pro-gram and also manages other global Executive MBA pro-grams in China and Poland.

Your Universities

Carlson School of Management, WU Vienna

WU EXECUTIVE ACADEMY, VIENNA UNIVERSITY OF ECONOMICS AND BUSINESSThe WU Executive Academy is part of the Vienna University of Economics and Business (WU Vienna).This prestigious parent institution has earned its fi ne international reputation with over 100 years of consistent excellence in the fi eld of business education. Today, the Vienna University of Economics and Business is Europe’s largest business university.

The executive education portfolio of the WU Executive Academy includes MBA/MBL/LLM programs, university certifi cate programs, corporate programs and seminars. In recent years, it has become one of the leading provid-ers in Central and Eastern Europe.

As part of the WU, the WU Executive Academy is EQUIS (European Quality Improvement System) accredited. EQUIS is an internationally recognized accreditation system offered by the European Foundation of Manage-ment. Moreover, the outstanding quality of the MBA programs has been recognized by AMBA (Association of MBAs) awarding its renowned global accreditation.

With this, the WU Executive Academy is one of only two business universities in the German-speaking world to meet the high quality standards of both accreditations.

Current achievements of the WU Executive Academy: › Financial Times Business School Ranking (2009):

# 34 in Europe › Financial Times Executive MBA Ranking (2009):

# 41 worldwide › Frankfurter Allgemeine Zeitung MBA Ranking (2005):

# 1 Alumni satisfaction in German-speaking countries › Handelsblatt MBA Ranking (2006):

Among the Top 50 MBAs worldwide › Ziarul Financiar MBA Ranking (2010):

# 1 MBA in Romania

Each year as many as 3,500 executives, experts and high potentials from over 50 countries graduate from our programs. At present, residencies and programs are conducted in more than 15 countries on three continents.

Being part of the WU Vienna, the WU Executive Academy provides access to the expertise of some 400 faculty members and countless experts in over 200 partner universities worldwide. The knowledge provided is of immediate practical relevance and is kept up-to-date through our scientifi c research activities.

The faculty of the WU Executive Academy consists of both internationally renowned professors and top execu-tives. Together, they provide the latest scientifi cally-based knowledge and in-depth views of state-of-the-art applications of management models.

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Vienna, Austria

AUSTRIAAustria is one of Europe’s most attractive destinations, renowned for its history, culture, architecture and hospitality. For centuries it has been home to some of the world’s finest artists, composers, scientists and, of course, leading economists.

As a wonderfully diverse country, Austria offers endless cultural, leisure and business activities and impresses with its lively cities, breathtaking landscape, culinary diversity and exceptional wines.

VIENNAThe capital of the Habsburg monarchy for over six centuries and an impressive repository of culture and heritage, today Vienna is a vibrant and exciting place to live and study. In Mercer’s recent ‘Quality of Living Survey’, Vienna ranked 1st among the world‘s cities, with exceptional safety records, a superb education system, excellent recreational possibilities and optimum political/economic stability.

Vienna offers a perfect blend of unique charm, imperial tradition and stunning modern architecture. A walk along the Ringstrasse boulevard with its splendid build-ings and historic palaces is an indescribable experience. Vienna is home to one of the world’s leading opera houses and is internationally acclaimed for its cultural and social events such as the New Year’s Concert of the Vienna Philharmonic and numerous balls. After visiting some of Europe’s finest museums, traditional cafés are a good place to relax and enjoy typical Viennese charm.

GATEWAY TO EUROPE AND THE MIDDLE EASTThe Vienna International Airport (VIE) is a major hub for all of Europe and the Middle East, in particular the CEE region, covering over 40 destinations. For commuting students, Vienna is the ideal location, easily accessible by plane from most European cities in less than 2 hours.

HOME TO INTERNATIONAL COMPANIES AND ORGANIZATIONSVienna’s geographical position in the heart of Europe makes it a multicultural metropolis and an important location for international companies and organizations. This is why many multinational companies like Alcatel, Coca-Cola, McDonalds, Henkel, Beiers dorf and Siemens have located their CEE headquarters in Vienna. More-over, the Austrian capital is home to various UN agen-cies, such as the In dus trial Development Organization (UNIDO), the UN Refugee Agency (UNHCR), the UN Office on Drug and Crime (UNODC), and the Interna-tional Atomic Energy Agency (IAEA). The head quarters of OPEC and OSCE are also located in Vienna.

EXCLUSIVE LEARNING ENVIRONMENTMost modules of the Executive MBA take place at the historical halls of Palais Schönborn. Located at the very center of Vienna, it is only 30 minutes away from the Vienna International Airport and meets the highest inter-national standards of executive education requirements. Palais Schönborn provides state-of-the-art technology, combining modern didactic design with a unique histori-cal atmos phere. Moreover, Palais Schönborn is home to the Museum of Young Art (MOYA), the first museum exclusively dedicated to Young Art.

Unbeatable Location

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Timeline Overview

MARCH – JUNE

JULY

AUGUST – DECEMBER

VIENNAVienna University of Economics and Business› Orientation (1 day)› Managing People and Organizations(4 days)

› Data Analysis and Decision Making (4 days)

› Financial Accounting (4 days)

ST. PETERSBURGSt. Petersburg State University› Economies in Transition and Company Visits (5 days)

VIENNAVienna University of Economics and Business› Managerial Accounting (4 days)› Strategic Marketing Management (4 days)

› Financial Management (4 days)› Business, Government and Macroeconomics (4 days)

› Operations Management (4 days)› Start of Virtual Team Project

Post-ModulePre-Module Post-ModulePre-ModulePost-Module

JANUARY

MARCH – APRIL

MAY – JUNE

GUANGZHOULingnan (University) College› Managing Globalization and Company Visits (5 days)

HYDERABADIndian School of Business› Information Technology Management and Company Visits (5 days)

VIENNAVienna University of Economics and Business› Advanced Financial Management for Global Markets (4 days)

› Negotiation and Confl ict Management (4 days)

NEW YORK & MINNEAPOLISUniversity of Minnesota› Strategies for a Global Company and Company Visits (9 days)

› Presentation of Virtual Team Project

Graduation ceremony (1 day)

VIENNAVienna University of Economics and Business

Graduation ceremony (evening)

Post-ModulePre-Module Post-ModulePre-Module Pre-Module

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Guangzhou, China

3 INTERNATIONAL RESIDENCIESThe Executive MBA’s curriculum extends well beyond the walls of a classroom. In the course of international residencies in 4 countries (U.S.A., Russia, India & China) on 3 continents, participants have the exclusive opportu-nity to visit local companies, meeting top executives and gaining insights into context-specific business practices and interacting with world-renowned guest speakers.

Participants benefit from diversity in market structures and local business cultures in the countries they visit, building a solid foundation for their own future business activities in emerging and mature markets.

› CEE Residency: St. Petersburg › Asia Residency: Guangzhou & Hyderabad › U.S.A. Residency: New York & Minneapolis

GLOBAL PARTNER UNIVERSITIESIn addition to numerous company visits, selected MBA modules are taught by top faculty at leading universities in the respective country. In meetings with multiculturally-minded colleagues, international professors and executives, Executive MBA participants generate new ideas, reflect on their current work and exchange insights, while simultaneously expanding their global network.

Lingnan (University) College, Guangzhou, ChinaThe Lingnan (University) College, founded in 1888, is one of the leading Chinese universities, with an outstanding international faculty and multinational graduates from all

over the world. The university commits itself to promot-ing diversity, offers state-of-the-art teaching facilities and was recently ranked as the No. 1 Joint Executive MBA Program in China.http://www.lingnan.net

Indian School of Business, Hyderabad, IndiaThe Indian School of Business (ISB) is a research-orientated, independent management institution that grooms future leaders for India and the world. Its association with the WU Executive Academy, Kellogg School of Management, the Wharton School, and London Business School make it one of its kind in Asia. The school offers postgraduate programs; short-duration, high-powered executive education programs for CEOs and senior executives; and a research fellowship program. The original and distinctive research of its faculty members ensures that the program content is contemporary and global in its perspective, and develops the students’ understanding of modern management opportunities and challenges. www.isb.edu

Graduate School of Management, St. Petersburg State University, RussiaEstablished in 1724, the School is part of the oldest Russian university and has the mission of becoming a world-class business school. It offers a diverse portfolio of degree and non-degree programs and serves as the most important centre of management education in Russia.http://www.gsom.pu.ru/en/

360° Global Vision

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TWO-TIER STRUCTUREThe Executive MBA curriculum consists of a two-tier structure: Business Core and Global Leadership. The Business Core part provides in-depth know-how and a conceptual framework of general management to help participants share a common knowledge base.

The Global Leadership part combines a solid foundation in critical management practices with courses in essential skills for senior-level executives, such as Managing Globalization, Negotiation and Strategies for a Global Company.

BEST PRACTICEThe Executive MBA has been designed with the demands of current business practices in mind. Moreover, it prepares participants for future challenges and helps their companies survive in highly unpredictable global business environments.

Strategiesfor a GlobalCompany

U.S.A.

AdvancedFinancial Mgmt.

for GlobalMarkets

Information Technology

ManagementIndia

Negotiationsand Confl ictManagement

Business,Governmentand Macro-Economics

Economies in Transition

Russia

Managing Globalization

China

Managing People and

Organizations

OperationsManagement

Strategic Marketing

Management

ManagerialAccounting

FinancialAccounting

Financial Management

Data Analysis and

Decision Making

Virtual Team Project

GLOBAL LEADERSHIP

BUSINESS CORE

INTEGRATION

VIRTUAL TEAM PROJECTThe Virtual Team Project unites Executive MBA par-ticipants of four world-class business schools: The WU Vienna (Austria), the Carlson School of Management (U.S.A.), the Warsaw School of Economics (Poland) and the Lingnan (University) College (China).

Students brought together in virtual teams not only work on a highly demanding topic but also face the inherent challenges of working across cultures and in three different time zones. Each team works on a project aimed at introducing a product or service to a new overseas market.

During the U.S.A. residency, all virtual teams gather to present their respective business plans at the end of the Executive MBA program in Minneapolis.

Cutting-Edge Curriculum

“ Innovation is an all-important subject in today’s corporate world. Today, a company’s innovative strength is a decisive competitive factor. The MBA program at the WU Vienna has set itself the goal of already satisfying these challenges during the training of our future managers.”

Dr. Ferdinand Piëch Chairman of the Supervisory Board, Volkswagen AG

“ The immediate relevance of this curriculum for the daily work of a manager makes this Executive MBA the best choice for advanced executive training.”

Dr. Claus J. Raidl CEO, Böhler-Uddeholm AG

“ This MBA program is the perfect blend of science and business and is positioned in direct competition with the world’s fi nest executive education programs. It is based on the latest research results and at the same time applicable to real management issues and connected with corporate leaders.”

Dr. Christoph Leitl President, Federal Economic Chamber, Austria

Dr. Ferdinand Piëch, Dr. Claus J. Raidl, Dr. Christoph Leitl

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The faculty members are the heart of all our programs. They bring fresh perspectives and new ideas to all facets of the business world. They share a passion for knowledge development and constantly encourage their students to strive for higher standards.

Our Executive MBA faculty comprises some of the finest business minds in the world, drawn from an expert pool of pro fessors from the WU Vienna, the Carlson School of Management and prestigious partner universities around the globe.

Our faculty members are leaders in current business research and their latest findings are duly published in leading international journals.

Their combined experience and international expertise enables the faculty to present an integrated, global man-agement perspective emphasizing the application of theory to practice.

FACULTY (SELECTION)*Prof. Johnny RungtusanathamCarlson School of Management, Minneapolis, U.S.A.Operations Management

Prof. Chuck KwokMoore School of Business, Columbia, U.S.A.Advanced Financial Management for Global Markets

Prof. Arnold SchuhWU Vienna, AustriaEconomies in Transition

Prof. Leyland PittSegal Graduate School of Business, Vancouver, CanadaStrategic Marketing Management

Senior Lecturer Charles CaliendoCarlson School of Management, Minneapolis, U.S.A.Accounting

Prof. Dileep RaoCarlson School of Management, Minneapolis, U.S.A.Strategies for a Global Company

Prof. Christos IoannidisUniversity of Bath, U.K.Business, Government and Macroeconomics

DISTINGUISHED GUEST SPEAKERSTop managers from some of the world’s most successful companies and organizations enrich our Executive MBA with their valuable insights.

Current and past guest speakers include: › Raymond Beier, Partner, Pricewaterhouse Coopers › Helmut Eichert, Managing Director, Oracle Austria › Hikmet Ersek, Chief Operating Officer, Western Union › Ken Hjelm, Director International Business

Development, 3M › Paul Herzfeld, Executive Vice President,

Casinos Austria › Karen Parkhill, Managing Director, J.P. Morgan Chase › Klaus Patig, former Member of the Managing Board,

Commerzbank AG › Lucio Rizzi, President, General Mills › Brendan Ryan, Vice Chairman, DraftFCB Worldwide › Peter Schneckenleitner, Media Relations,

Deutsche Lufthansa AG › Heinz Sernetz, Member of the Managing Board,

Raiffeisen Investment AG › Al Stroucken, CEO, H.B. Fuller › Friedrich Wille, Owner, Frey-Wille › Siegfried Wolf, CEO, Magna International › Norbert Zimmermann, CEO Berndorf AG

* Faculty members are subject to change.

Work with the Best

“ I really enjoy teaching fi nancial management on the Executive MBA program. It provides me with the opportunity to interact with very experienced executives and discuss and solve challenging business cases that require both a sound knowledge of fi nancial economics and a solid corporate background. Moreover, the way this program is set up and the incredible diversity of executives enrolled generates a unique learning environment that makes this MBA program so special. I am proud to be part of this outstanding venture.”

Prof. Engelbert DocknerWU Vienna, AustriaFinancial Management

“ I have had the privilege of teaching statistics in the Executive MBA program every year for nearly a decade, and I have enjoyed it immensely. The students bring a wealth of experience and a deep understanding of managing enterprises in an international environment. They are extremely bright, motivated, and a lot of fun to work with. I have benefi ted deeply from my interactions with the Executive MBA students, and my experiences in Vienna have changed the way I teach back home in Minnesota. I hope the Executive MBA experience has been as rewarding for my students as it has been for me.”

Prof. Christopher NachtsheimCarlson School of Management, University of Minnesota, U.S.A.Data Analysis and Decision Making

Prof. Engelbert Dockner, Prof. Christopher Nachtsheim

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MANAGING PEOPLE AND ORGANIZATIONSTheories and frameworks for analyzing the behavior of individuals, groups and the organization itself. Take decisions and develop action plans that enable managers to provide effective leadership of people in organiza-tions. Concepts and principles associated with the function of human resource management, such as personnel selection, reward and compensation systems, and collective bargaining.

DATA ANALYSIS (STATISTICS) AND DECISION MAKINGManagers need to understand both the power and limita-tions of numerical data for their decision making process. Understand and learn 1) exploratory data analysis, 2) basic inferential procedures, 3) statistical process control, 4) regression analysis and 5) decision models.

FINANCIAL ACCOUNTINGUnderstand external accounting systems used by companies to measure their economic performance and financial position. Understand basic accounting rules and how these rules determine how financial information is reported on a company’s financial statements. Analyze corporate financial reports to discover the impact of significant economic events from the financial statements of a company.

ECONOMIES IN TRANSITIONExamine driving forces that are shaping the competitive environment, including technological, political and ethical forces. Theoretical considerations to analyze these forces and businesses’ responses to specific issues. The coursework will include projects/cases that are of current interest to companies in Eastern Europe.CEE Residency in Russia

MANAGERIAL ACCOUNTINGLearn how to analyze internal accounting data for use in management decisions in addition to the study of planning and control. Understand how various types of costing systems such as activity based costing can be used to better understand profitability. Understand transfer pricing, variance analysis, and incremental costing decisions and how accounting information can be used to make better management decisions.

OPERATIONS MANAGEMENTThe operations management function in different types of organizations with emphasis on productive, innovative and competitive operations. Examine and apply the concepts and principles related to the management of quality and innovation within service and manufacturing organizations.

FINANCIAL MANAGEMENTTheory and practice of finance from an analytical approach. Apply the basic financial concepts of risk, return and valuation to the decisions that a manager engaged in a small business or corporate financial officer must make about the sources and uses of funds during changing financial markets.

BUSINESS, GOVERNMENT AND MACROECONOMICSThe roles of government and business in society, alternative systems of economics and political values, and the social political, economic and cultural conflicts affecting the business sector.

MANAGING GLOBALIZATIONDevelop international strategies for companies wishing to expand to global markets. Emphasis on analyzing oppor-tunities and how the international environment constrains decision-making. Learn how to implement global strate-gies, including managing strategic alliances and networks.Asia Residency in China

Curriculum

Preparation of topic

› Readings› Case studies› Essays› Other

In-class time

› Benchmarking sessions› Individual and group presentations› Individual and/or group case work› Breakout sessions› Case discussions› Lecture sessions› Other

Application of newly gained knowledge

› Evaluation of theories› Case studies› Papers and assignments› Other

CORE-MODULEin-class, 4 days

PRE-MODULEe-learning, 2 weeks

POST-MODULEe-learning, 2 weeks

INFORMATION TECHNOLOGY MANAGEMENTManaging information resources and technology. Gain exposure to various information technologies. See how information systems can support business processes, examine their applications, explore the competitive advantages associated with information technology and address organizational and managerial implications. Learn how information and communica tion technology can help create new business models.Asia Residency in India

STRATEGIC MARKETING MANAGEMENTExamine the management challenge of developing and implementing the most appropriate combination of vari-ables to implement a company’s strategy in target markets. Develop skills in applying analytical perspectives, concepts and decision-making, pricing and communication programs.

ADVANCED FINANCIAL MANAGEMENT FOR GLOBAL MARKETSLearn and apply advanced concepts for corporate financial decisions at executive level, including those relat-ed to investment, corporate finance and global markets.

NEGOTIATIONS AND CONFLICT MANAGEMENTIdentify typical challenges and difficulties inherent to nego-tiation. Learn broad strategies to effectively manage these challenges and improve your skills as an effective negotia-tor and conflict manager.

STRATEGIES FOR A GLOBAL COMPANY AND VIRTUAL TEAM PROJECTMultiple perspectives on global strategy are brought together in this integrative course. Theory and practice are bridged by involvement of faculty and corporate executives, site visits to global companies and student projects.U.S.A. Residency in New York and Minneapolis

MODULE STRUCTUREThe Executive MBA consists of consecutive modules. Each module has a three-tier structure: Pre-Module, Core-Module and Post-Module. You will receive a grade for each module (including Pre- and Post-Module). The proportions may vary according to professor - for example: 20% Pre-Module, 50% Core-Module, 30% Post-Module.

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AVERAGE CLASS PROFILE BY INDUSTRY

AVERAGE CLASS PROFILE BY FIELD OF OPERATION

17% IT/ Telecommunication13% Industry

12% Banking/Finance/Insurance 10% Commerce

9% Consulting/HR Consulting7% Energy Industry

7% Pharmaceutics5% Construction Engineering

5% Governmental & NGO3% Tourism/Recreation/Hotel

3% Health Care/Hospitals3% Consumer Goods3% Traffic/Transport

1% Real Estate1% Media/Advertising/PR

1% Social Sector1% Education

1% Law

0 5 10 15 20

36% General Management18% Marketing/Sale

13% Finance/Controlling 7% Operations5% Consulting

4% Strategic Management/Business3% IT

3% Research & Development3% Human Ressources

3% Administration1% Civil/Foreign Services

1% Self-employed

0 10 20 30 40

Student Profiles

AVERAGE CLASS PROFILE

› Age: 38 Years

› Working Experience: 13 Years

› Management Experience: 6 Years

› International Students: 60 %

› Female/Male: 30%/70%

› Class Size: 30–40 Participants

“ The Executive MBA provides a complete international business vision, with the expertise and real-world tools that managers need to thrive. The program content was taught in such a way that I was able to apply the new ex-pertise to my own work, sharpening practical management skills as I studied. The international residencies were particularly interesting, first hand experience of a dynamic global economy and its complex interdependencies. In addition to my peers, I profited from meeting and networking with top executives from other countries. ” Yury Zheymo, MBA Director, Internal Audit, MegaFon, Russia

“ The WU Executive Academy MBA offers a unique combination of experienced and multi-cultural management students, a great mixture of case studies, group discussions and project work, as well as the Virtual Team Proj-ect - an intense cross-cultural experience. In particular the field-trip to India and China broadened my under-standing of the global economy, providing me with vital insights into the similarities and differences of these huge emerging markets. My next career step came faster than I expected. As a direct result of my strengthened general management skills and new expertise in global leadership, I was promoted to Chief Financial Officer of the Western Union International Bank.” Andrea Herrmann, MBA

CFO, Western Union International Bank

“ My job brings me into contact with clients from all over the world. The Executive MBA revealed to me the forces governing international business relationships. In particular, the globalization topics helped take my expertise to the next level. The WU EMBA program is where experience meets theory and where different people with different horizons extend their networks. Today, I am richer not only because I acquired additional knowledge, but also because of the expansion of my personal network of business contacts.” Mohamed Chemloul, MBA Worldwide Customer Support Director, NXP Semiconductors

Alumni VoicesYury Zheymo, MBAAndrea Herrmann, MBAMohamed Chemloul, MBA

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E-LEARNING ENVIRONMENTThe WU Vienna is also at the forefront when it comes to the application of cutting-edge technologies to enhance our unique learning experience.Our state-of-the-art e-learning platform ‚Learn@WU‘ is one of the largest in the world, featuring over 45,000 e-learning materials and more than 32,000 users. Within this platform, a customized virtual classroom is provided exclusively to our MBA participants to facilitate all pre- and post-module assignments.

CAREER RESOURCESThis Executive MBA offers numerous benefits for students and alumni. For further details, please refer to page 25, “Post-Graduation Benefits”.

Making your life easier; because we are well aware of the many responsibilities faced by our hard-working MBA students, we place special emphasis on handling as many administrative details as possible on your behalf.

OUR SERVICES › Registration procedures at the university › Textbooks and class materials are provided in the

classroom › Customized online collaborative tools to facilitate

group assignments, faculty communication and student interaction anywhere in the world

› Access to all university student services (library, internet access, etc.)

› Coffee breaks during the modules

Support Services

DOUBLE YOUR ALUMNI NETWORKDuring your studies, you benefit from countless oppor-tunities to connect with other business leaders inside and outside the classroom.

These connections extend far beyond graduation. As an Executive MBA graduate, you join two vast alumni networks with over 75,000 members worldwide – the combined alumni associations of the University of Minnesota and of the WU Vienna. This network provides the perfect foundation for establishing durable profes-sional and personal relationships, building your own network of contacts and strategically pursuing your career objectives.

ALUMNI BENEFITSAs alumni you enjoy continued exclusive benefits: › Alumni events help you to establish, maintain and

deepen personal and professional ties with other senior international executives from varying professional backgrounds.

› Preferential access to national and international career opportunities.

› Invitations to panel discussions, conferences, guest speaker events, seminars and other lifelong learning activities.

› Access to ‘CarlsonConnect’, an interactive networking site designed specifically for alumni of the Carlson School of Management. CarlsonConnect offers EMBA (Global) alumni an opportunity to network with fellow Carlson graduates around the world, find jobs, and stay connected to the global Carlson School community.

› Online access to the University of Minnesota libraries and the ‘Business Source Premier Alumni Edition Database’ covering publications in nearly every area of business including marketing, management, accounting, finance and economics.

› And many more

COMPANIES RECRUITING FROM THE VIENNA UNIVERSITY OF ECONOMICS AND BUSINESSAccenture, Austrian Airlines, BMW, Böhler-Uddeholm, Booz & Company, Coca-Cola, Colgate-Palmolive, Danone, Deloitte, Economist, Egon Zehnder, Electrolux, Emerson, Estee Lauder, Henkel, HP, IBM, IKEA, Johnson & Johnson, JP Morgan Chase, KPMG, MAN, McDonald’s, McKinsey & Company, Microsoft, Mondi, Morgan Stanley, Nike, OMV, Pfizer, PricewaterhouseCoopers, Procter & Gamble, Raiffeisen Zentralbank, Red Bull, Rockwell Automation Power, Samsung, Siemens, The Boston Consulting Group, Unilever, Telefonica, T-Systems, Verbund, Western Union and many more.

Post-Graduation Benefits

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“ The VEMBA program has certainly exceeded my expectations. I chose it for the well-rounded selection of study modules, the multiple accreditations and the strong international rankings. What I did not fully anticipate was the quality of the lecturers, the intensity and community of my peers or the exceptional experiences that I gained during the field trips.” Iain Coles, MBA CEO, Global Consulting Partners

“ If you are looking for a program that will challenge your boundaries and force you to grow and mature into a top professional, the Executive MBA is exactly what you are looking for. Technical skills will be brushed up and sharpened by excellent professors and alongside your class-colleagues, changing you with a soft hand and making you even more fit for the global business arena. If you want an interesting ride and even more interest-ing options afterwards, welcome on board.” Dusica Lukac, MBA Regional Senior Restructuring Manager CEE, Investkredit Investmentbank AG

Liselotte Schöll, MBAJochen Borenich, MBAIain Coles, MBADusica Lukac, MBA

Alumni Voices

“ The Executive MBA has broadened my personal horizons immensely. It was the Virtual Team Project in particular which sharpened my sensibilities in working with people from different backgrounds and points of view. For me as a lawyer, the general management focus of the program enabled me to hold new exciting positions within my company: From Assistant to the Management Board to Head of Group HR Mobility Management.” Liselotte Schöll, MBA Mobility and Contract Manager, Telekom Austria Group

“ Especially in the highly competitive and innovation-driven IT- and telecommunications industry, it was very difficult to find an MBA program to suit my ambitious educational needs as a senior manager. The didactic design, international focus of the program, and outstanding faculty sustainably enriched my professional career. Being triple accredited, the WU Executive MBA is one of the finest MBA programs worldwide.” Jochen Borenich, MBA Member of the Executive Board, Kapsch BusinessCom

The structure of the program and its close collaboration in study groups promote enduring professional contacts and personal friendships.

APPLICATION DEADLINESSince the program often fills to capacity, please submit your application as early as possible.Qualified applicants are admitted on a rolling basis.A non-refundable deposit of 10% of the tuition fee is payable upon confirmation of admission, to reserve your place on the program.

APPLICATION CHECKLIST

APPLICATION REQUIREMENTSTo apply for the Executive MBA (Global), you must meet the following requirements: › Undergraduate degree, equivalent to a bachelor’s degree › Minimum of five years of relevant work experience › Proficiency in written and spoken English › Completed application forms › Curriculum Vitae › 2 letters of recommendation

Each Executive MBA participant is expected to have a per-sonal computer and to be familiar with MS Office software.

ADMISSION CRITERIA – WHAT WE LOOK FORStudent diversity is essential to the quality of the Execu-tive MBA Program. We select all our MBA participants with great care, considering cultural and academic back-ground, skills and work experience.

Among our criteria are: › Solid career progression › Management and leadership skills › Ability to commit to a challenging program › Interpersonal and communication skills › A clear career vision › Ambition and drive

Completed application form: (Download at: www.executiveacademy.at/emba)

Official transcript of university gradesand high school diploma

Curriculum Vitae Recent digital photograph 2 letters of recommendation Company and/or Sponsor letter (where applicable)

Clear copy of valid passport Application fee (EUR 200.–)payable upon submission of application

ADMISSION

Completed Application

Admission Interview

Admitted

› Admission Denied

AdmissionDecision

AdmissionDecision

› Admission Denied› Waitlisted› Future Potential

Application and Admission

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“ From what I have experienced in the course of my studies the WU Executive MBA is definitely an investment that offers high returns due to the one-of-a-kind networking opportunities, both with faculty and managers from leading companies worldwide. Moreover, the three field trips provided ‘hands-on’ experiences in the most dynamic international markets. Today, I am CEO of a premium kitchen manufacturer and fully convinced that the knowledge and tools acquired during the program were a highly valuable professional asset and played a strong and decisive role in the competitive advantage of my candidacy.” Philippe Pezet, MBA President/CEO of Bulthaup U.S.A. Inc.

Alumni VoicesAlexander Resch, MBADamir Sprem, MBAPhilippe Pezet, MBA

“ Attaining a master degree had always been one of my long-term goals. Having said that, participating in the WU Executive Academy’s Executive MBA whilst working full-time required dedication and sustained hard work. The benefits of the program, however, especially learning from the experience of my fellow students justified the sacrifices I had to make. I would recommend this program unreservedly to anyone seeking an international management education for the next step up in their career. The Executive MBA represents an invaluable asset for senior managers in today’s global economy.” Alexander Resch, MBAMember of the Management Board and Chief Risk Officer, VÚB BANKA

“ The reality of global business is seldom more apparent than with an airline. To excel in this environment requires real-world, up-to-date knowledge. By that I mean a deep practical understanding of leadership, negotiation techniques, strategic decision-making and financial analysis and management. My MBA peers and I, together with faculty, dissected the decisions managers make, the strategies behind them and what the outcomes were. The Virtual team project was an experience with direct parallels to my working life. Seeing how my peers met its challenges has proved of immense value.” Damir Sprem, MBA

Executive Vice President Finance, Croatia Airlines

FINANCING OPTIONSThe WU Executive Academy is committed to helping dedicated and deserving students meet their educational and career goals by offering financing options such as payment by installment and scholarships.

SCHOLARSHIPSThroughout the year the WU Executive Academy offers merit-based MBA scholarships to promote academic excellence and leadership. These scholarships are awarded to applicants who can demonstrate a track record of outstanding achievement. Further information on scholarships, application process and deadlines is available on our website.

INDIVIDUAL CORPORATE SPONSORSHIPCompanies often provide financial support or grant edu cational leave to their employees for the purposes of continuing education. We would be happy to assist you in preparing a proposal for your employer to obtain sponsorship for the Executive MBA program, and look forward to presenting the program to your employer.

For more information, refer to our website:www.executiveacademy.at/financing

COME AND MEET USThe decision to pursue the Executive MBA program is a real commitment. To help you make the right decision, we provide you with regular opportunities to meet our faculty, alumni, students and staff, to gain real insights into our program and to ask any questions you might have.

OPEN DAYSThe best way to assess the quality of an MBA program is to gain first-hand experience of it. The WU Executive Academy offers prospective students the unique chance to participate in selected MBA modules and interact with current students and faculty members. Please contact us for an individual arrangement.

MBA FAIRSThe WU Executive Academy regularly presents its MBA portfolio at international MBA fairs.

MBA INFO-SESSIONSThroughout the year the WU Executive Academy holds regular MBA Info-Sessions. During these sessions, faculty members, alumni and program managers provide you with in-depth information on our MBA programs and look forward to answering your individual questions.

For details visit our website:www.executiveacademy.at/fairs

Find out More

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Graduation in Minneapolis, U.S.A.

The Executive MBA team from the WU Executive Academy and the Carlson School of Management looks forward to meeting you. Please do not hesitate to contact us if you have any questions or need additional information.

WU EXECUTIVE ACADEMY

Sabine Prillmann, Program ManagerExecutive MBA (Global)

Nordbergstrasse 151090 Vienna, Austria

T: +43-1-313 36-4327E-Mail: emba@wu.ac.at

CARLSON SCHOOL OF MANAGEMENT

Matthew L. Goode, Program DirectorGlobal Executive MBA

321 19th Avenue South, 2-210Minneapolis, MN 55455, U.S.A.

T: +1-612-626-8727E-Mail: mgoode@umn.edu

Meet the TeamSabine Prillmann, Matthew L. Goode

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WU Executive AcademyVienna University of Economics and Business (WU Vienna)Nordbergstrasse 151090 Vienna, Austria

Executive MBA (Global) Sabine PrillmannT: +43-1-313 36-4327F: +43-1-313 36-790emba@wu.ac.atwww.executiveacademy.at/emba

Carlson School of ManagementUniversity of MinnesotaMatthew L. GoodeT: +1-612-626-8727F: +1-612-624-8248E-Mail: mgoode@umn.eduwww.carlsonschool.umn.edu

Media owner: WU Executive Academy, Nordbergstrasse 15, 1090 Vienna, AustriaLayout: Werner Weißhappl; Status: 10/2010All information provided in this brochureis subject to misprints and changes.