here - University of Washington Foster School of Business
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here - University of Washington Foster School of Business
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GlObAl EXECUTIVE MbA PrOGrAM<br />
Accelerate your development as a global leader in 12 months<br />
Think differently.<br />
Make a difference.<br />
It’s the <strong>Washington</strong> Way.<br />
EXECUTIVE EDUCATION
Accelerate your development as a global leader in 12 months<br />
“The Michael G. <strong>Foster</strong> <strong>School</strong> <strong>of</strong> <strong>Business</strong> is pleased to <strong>of</strong>fer an accelerated Global<br />
Executive MBA (GEMBA) program for experienced pr<strong>of</strong>essionals that is unlike any other.<br />
In 12 months, a select cohort <strong>of</strong> students will be equipped to excel in an increasingly<br />
complex global business environment while positioning themselves on a fast-track career<br />
advancement with an MBA degree.<br />
Curriculum balanced with rigor and relevance, along with <strong>Foster</strong>’s outstanding faculty,<br />
vibrant Seattle culture, and presentations from some <strong>of</strong> the most innovative business<br />
executives in the world, make this a compelling way to earn your MBA in an interactive global learning<br />
environment. I encourage you to consider our GEMBA program. We’re looking for exceptional candidates with<br />
ambitions to expand their business knowledge and enhance their careers as global leaders.”<br />
JIM JIAMbAlVO<br />
Dean, Michael G. <strong>Foster</strong> <strong>School</strong> <strong>of</strong> <strong>Business</strong>
As a global leader or manager, you have been identified as<br />
a high potential individual in your organization, expected<br />
to contribute towards increasing the company’s value. The<br />
Global Executive MBA (GEMBA) program at <strong>Foster</strong> is for<br />
individuals who have strong international experience and<br />
a drive to make a difference in their organization. Through<br />
the program, you will expand your breadth <strong>of</strong> knowledge<br />
to more effectively solve complex, unstructured business<br />
problems, and accelerate your leadership development.<br />
As an experienced global manager, you will study full-time<br />
at the <strong>University</strong> <strong>of</strong> <strong>Washington</strong> in Seattle, <strong>Washington</strong>,<br />
U.S.A. The program prepares middle and senior managers to become top executives with advanced courses<br />
in global strategy, finance, business leadership, and management. The 12-month program starts in June and<br />
leads to a Master <strong>of</strong> <strong>Business</strong> Administration (MBA) degree from the <strong>University</strong> <strong>of</strong> <strong>Washington</strong> <strong>Foster</strong> <strong>School</strong> <strong>of</strong><br />
<strong>Business</strong>.<br />
fOsTEr GEMbA ADVANTAGE<br />
• Connecting with and learning from other global leaders<br />
One <strong>of</strong> the key differentiating factors <strong>of</strong> the <strong>Foster</strong> GEMBA program is the diversity <strong>of</strong> the group <strong>of</strong><br />
international leaders with global management experience. On average, about 90% <strong>of</strong> the class is from outside<br />
the U.S. As such, the program tends to attract individuals who want to learn with other global leaders, and/<br />
or plan to return or find career paths overseas. In addition to sharing knowledge with one another, during the<br />
GEMBA program, the cohort will be learning from some <strong>of</strong> the most successful business leaders in the world.<br />
An entire course will be dedicated to exploring leadership best practices w<strong>here</strong> key executives will share their<br />
strategic perspectives on current global challenges.<br />
• Nationally ranked. Globally recognized.<br />
Since its establishment in 1917, the UW <strong>Foster</strong> <strong>School</strong> <strong>of</strong> <strong>Business</strong> has continued to rank high in the public,<br />
national and international academic space. According to the most recent Economist Ranking on “Which MBA?”<br />
<strong>Foster</strong> <strong>School</strong> ranked #6 among public schools, #23 in the nation, and #35 in the world. In addition to MBA<br />
rankings, <strong>Foster</strong> has built a global reputation in Executive Education, and for their Center for Innovation and<br />
Entrepreneurship, and their Global <strong>Business</strong> Center.<br />
• Location and Lifestyle<br />
Located in the heart <strong>of</strong> Seattle, the <strong>University</strong> <strong>of</strong><br />
<strong>Washington</strong> campus is ranked second for Best Campus<br />
Environment in The Princeton Review’s 2011 student<br />
assessment <strong>of</strong> business school safety, attractiveness and<br />
location. Seattle is a major port city with close proximity<br />
to Asia and Latin America. Participants will experience<br />
the strong entrepreneurial spirit <strong>of</strong> the city as well as the<br />
strong business sectors that have established Seattle as<br />
their hub.<br />
UW <strong>Foster</strong> ranks in Top 20
MBA Faculty: Partners in Your Success<br />
COMMITMENT TO TEACHING<br />
The <strong>Foster</strong> <strong>School</strong> <strong>of</strong> <strong>Business</strong> and its faculty are recognized nationally and internationally for<br />
their teaching experience and scholarship. Faculty members have extensive consulting and realworld<br />
experience. Balancing relevance and rigor, they continually refine class content to address<br />
the ever-changing marketplace and focus on the information that is relevant for you as a working<br />
pr<strong>of</strong>essional.<br />
Global Executive MBA faculty members have experience teaching global leaders and they are known<br />
for their ability to make courses relevant to business pr<strong>of</strong>essionals. As scholars and practitioners, they<br />
use case studies from organizations as teaching examples and focus on ways to apply learning at<br />
work, which bridges the gap between real world and academic knowledge. Many faculty members<br />
consult with organizations around the world, allowing them to bring current business issues and<br />
engaging guest speakers to the classroom.<br />
ENGAGING WAYs TO lEArN<br />
In-Class Lectures: Benefit from the knowledge and current research <strong>of</strong> the <strong>University</strong>’s talented<br />
faculty as they present essential topics for global leaders.<br />
Case Studies: Understand how to analyze strategic business issues by examining real-world<br />
problems and developing strategies and solutions.<br />
Learn from Executive Speakers: Gain insight into the most critical issues faced by top executives as<br />
they share the stories behind their corporate initiatives and strategies. Seattle is home to some <strong>of</strong> the<br />
most successful global companies such as Micros<strong>of</strong>t, Boeing, Starbucks, Amazon, and Costco. Learn<br />
from their real-life experiences.<br />
Study and network with seasoned global leaders that bring diverse experiences from various<br />
industries and regions <strong>of</strong> the world.<br />
A fOCUs ON sTUDENT sUCCEss<br />
Smaller classes give students the opportunity to interact with faculty and ask questions to ensure<br />
they understand the course materials. Faculty members are personally invested in making courses a<br />
successful learning experience. They are available for meetings during their <strong>of</strong>fice hours and teaching<br />
assistants are also available to provide support.<br />
For a complete list <strong>of</strong> all <strong>Foster</strong> <strong>School</strong> faculty<br />
teaching in the GEMBA program, visit<br />
foster.washington.edu/gemba
A Collaborative Learning Environment<br />
“The GEMBA program provided two fundamental levels <strong>of</strong> education that were essential for me – first, it<br />
facilitated a fast-track opportunity to advance my career, and secondly, it provided an education that purposely<br />
developed and prepared its students for a global perspective. <strong>Foster</strong>’s integrated approach to teaching uses a<br />
cohort-based model that aligned with my style <strong>of</strong> learning.”<br />
Shilpi K. Anand<br />
Self-sponsored<br />
GEMBA ‘12
Curriculum that balances rigor and relevance<br />
GEMBA is a cohort-based, lock-step program that features curriculum optimized for global participants. The curriculum<br />
is designed to not only provide the frameworks necessary to compete in a complex global environment, but also to<br />
explore the critical issues that leaders face on a regular basis. To promote a more diverse and dynamic learning, some<br />
courses will be jointly taught with other business pr<strong>of</strong>essionals from the U.S.<br />
Summer Quarter<br />
Fall Quarter<br />
Winter Quarter<br />
Spring Quarter<br />
Competitive Strategy: Learn key concepts <strong>of</strong> strategic management with a focus on the strategic<br />
factors that increase the probability <strong>of</strong> a firm’s competitive success or failure.<br />
Financial Accounting: Understand the role <strong>of</strong> financial accounting as a measurement tool and a<br />
communication system for the transmission <strong>of</strong> relevant financial information to decision makers for<br />
efficient resource allocation and utilization.<br />
Statistics for <strong>Business</strong> Decisions: Unlock the power <strong>of</strong> statistics and probability, embrace the<br />
relevance <strong>of</strong> the collection, analysis and interpretation <strong>of</strong> data, and to manage the uncertainty in the<br />
decision-making process.<br />
Pr<strong>of</strong>essional Communication: Enhance and strengthen business communication skills as leaders, to<br />
boost pr<strong>of</strong>essional development.<br />
Decision Modeling: Learn about the use <strong>of</strong> techniques that have been developed to help managers<br />
deal with complicated choice problems in manufacturing, service operations and other areas.<br />
Ethical Leadership: Investigate frameworks for analyzing and addressing ethical issues in<br />
organizations. Increase ability to provide ethical leadership within and for the organization.<br />
Microeconomic & Macroeconomic Analysis: Review how economic policies and conditions affect<br />
every aspect <strong>of</strong> business specifically the impact <strong>of</strong> monetary, fiscal and regulatory policies on<br />
companies’ decision-making and performance.<br />
Operations and Supply Chain Management: Analyze the operating priorities that drive process<br />
design decisions. Learn to develop accurate measurement systems in order to make intelligent<br />
operating decisions.<br />
Financial Management: Enhance your understanding <strong>of</strong> finance principles and practices, including<br />
cash flow analysis, capital budgeting, relationships between risk and return.<br />
Global Strategy and Cross Cultural Leadership: Explore the challenges posed in strategy<br />
implementation and process in a global setting.<br />
Leadership Speaker Series: Get first-hand face to face knowledge from a number <strong>of</strong> executives<br />
representing some <strong>of</strong> the world’s most successful global companies.<br />
Leading Teams and Organizations: Learn how to create and lead effective organizations. Topics<br />
include perception and decision-making, employee motivation and change management.<br />
Strategic Marketing Management: Explore the concepts <strong>of</strong> global market segmentation and<br />
positioning, which are essential to the strategic planning process.<br />
Applied Strategy and <strong>Business</strong> Consulting: This course exists to facilitate successful completion<br />
<strong>of</strong> a mutually‐agreed upon project for a client organization, while <strong>of</strong>fering a practical “learning by<br />
doing” experience in which students apply concepts, tools and theories from the MBA curriculum to<br />
complex, unstructured, real‐world challenges and opportunities faced by managers.<br />
International Finance: Understand exchange rates, international parity conditions, measuring and<br />
managing exchange exposure, international financial markets, and trade financing.<br />
Leadership and Effective Decision Making: Gain a better understanding <strong>of</strong> the critical role <strong>of</strong><br />
leadership in creating and sustaining effective organizations. Learn how to articulate a vision and<br />
motivate your team to implement it successfully.<br />
Managerial Accounting: Learn to work with and use accounting information for managerial decisionmaking<br />
purposes.<br />
Marketing Strategy: This course focuses on marketing strategy from a decision-making perspective<br />
by linking marketing decisions and strategy to business performance.<br />
Negotiations: Learn powerful strategies for planning, negotiating and implementing agreements.
<strong>Foster</strong> GEMBA: Why Choose the <strong>University</strong> <strong>of</strong> <strong>Washington</strong>?
Top Reasons to Earn an MBA<br />
at the <strong>University</strong> <strong>of</strong> <strong>Washington</strong><br />
Reputation - Study at a school with a nationally ranked MBA program and is within an<br />
internationally renowned research university.<br />
Culture - Participate in an intimate MBA program that fosters individual attention, encourages<br />
teamwork, and empowers students to actively participate in their MBA experience.<br />
<strong>Business</strong> Connections - Enhance your international contacts by joining the <strong>Foster</strong> <strong>School</strong><br />
alumni network <strong>of</strong> more than 50,000 graduates.<br />
rOI - Realize a strong return on investment for sponsoring organizations. The Global Executive<br />
MBA program continuously improves to respond to the needs <strong>of</strong> global business.<br />
Location - Experience Seattle’s dynamic and vibrant environment, which benefits from its<br />
strategic Pacific Rim location and strong connections to Asia, the Americas and beyond.<br />
Lifestyle - Enjoy Seattle’s cultural diversity, safe environment and natural beauty. This<br />
cosmopolitan city welcomes new ideas and people from all over the world.<br />
“At this stage in my career, I needed to glean applicable knowledge, tools and skills that would set me<br />
apart from my competition. Because an EMBA is a significant investment <strong>of</strong> time and resources, I had<br />
thoroughly researched the top 20 schools. I really wanted a program that was solid and not just strong in<br />
brand reputation. After carefully comparing the curriculum, time frame, student maturity and experience,<br />
global demographic spread <strong>of</strong> students, quality <strong>of</strong> program directors and associate deans, and talking to<br />
many business associates, my instinct pointed me to the UW <strong>Foster</strong> GEMBA program as the best choice for<br />
my ROI.”<br />
Jeff Gehrke<br />
Managing Partner<br />
Strong Worldwide Inc.<br />
GEMBA ‘12
“Given that my aim is to help manage change in the Korean financial market, <strong>Foster</strong>’s strong network and<br />
reputation, especially in Korea, is an absolute advantage. I was fascinated and drawn by this program’s focus<br />
on leadership, strategic thinking and communications – three key building blocks that I believe are necessary<br />
to develop a successful leader and contributor in the global community.”<br />
Hak Nyun Kim “Alex”<br />
Private Banker<br />
Hana Bank (Korea)<br />
GEMBA ‘12<br />
“As my organization is postured strategically and operationally throughout the world,<br />
I sought a program that was internationally focused and relevant. I perceived the UW<br />
GEMBA program to provide these characteristics not just through the challenging<br />
academic curriculum, but the intent <strong>of</strong> the program to maximize participation by<br />
international MBA students sponsored by their employers.”<br />
Chae Gayles<br />
Contingency Contracting Team Leader<br />
U.S. Army<br />
GEMBA ‘12
APPLICATION REQUIREMENTS<br />
This program is ideally suited for international business pr<strong>of</strong>essionals who are looking to enhance their career in<br />
an increasingly complex global business environment.<br />
Applicants must meet the following requirements in order to be considered for admission to the Global Executive<br />
MBA program:<br />
• Degree Requirement: Applicants must have a four-year undergraduate degree in business or alternate<br />
degree with equivalent work experience.<br />
• Pro<strong>of</strong> <strong>of</strong> English Language Pr<strong>of</strong>iciency Requirement: Applicants must have a minimum TOEFL score <strong>of</strong> 92<br />
iBT or 7.0 IELTS. This will exempt applicants from having to complete additional English coursework.<br />
- OR -<br />
TOEFL score <strong>of</strong> 84-91 iBT (no sub-score below 18) or 6.5 IELTS (no sub-score below 5.5). Applicants with<br />
test scores in these ranges are required to enroll in the UW Intensive English Program (IEP) in spring<br />
quarter (March) and successfully complete the course with a combined GPA <strong>of</strong> 3.0 or above. With successful<br />
completion <strong>of</strong> the IEP course they will be eligible to enroll in the GEMBA program in June. The IEP registration<br />
application fee and tuition are not part <strong>of</strong> the GEMBA program cost.<br />
• Official Transcripts: Applicants must submit one <strong>of</strong>ficial transcript from all college or university institutions<br />
in which a degree was granted.<br />
• GMAT Criteria: If a candidate is nominated and sponsored by their organization, the GMAT will be waived as<br />
a requirement. If a candidate is self-sponsored and is not supported by an organization, the candidate must<br />
take the GMAT and submit the score as part <strong>of</strong> the application process.<br />
• Statement <strong>of</strong> Financial Ability: To be considered for admission, applicants must submit a Financial Ability<br />
Form with supporting <strong>of</strong>ficial financial documentation showing adequate financial resources to cover the cost<br />
<strong>of</strong> one-year <strong>of</strong> study.<br />
• Employer Letter <strong>of</strong> Support: If a candidate is nominated and sponsored by his/her organization, then he/<br />
she must submit a letter from their employer explaining how and why the candidate is being supported to<br />
take a one-year sabbatical from his/her current position to complete the program on a full-time basis in<br />
Seattle. If a candidate is self-sponsored then he/she must submit a letter <strong>of</strong> recommendation from a current<br />
or previous supervisor.<br />
For a complete list <strong>of</strong> GEMBA application requirements visit foster.washington.edu/gemba.<br />
GEMBA Program Fee: $62,500 USD<br />
Visit our website at foster.washington.edu/gemba<br />
APPlY TODAY<br />
Applicants are encouraged to begin the application process early and take<br />
advantage <strong>of</strong> the November 15 early-admission deadline. By meeting this deadline<br />
applicants will be notified <strong>of</strong> their admission status by December 1. The final<br />
application deadline is December 31. By meeting this deadline applicants will then<br />
be notified by February 15.<br />
The <strong>University</strong> <strong>of</strong> <strong>Washington</strong> reaffirms its policy <strong>of</strong> equal opportunity regardless <strong>of</strong> race, color, creed, religion, national origin, sex, sexual orientation, age, marital status, disability, or status as a disabled<br />
veteran or Vietnam era veteran in accordance with <strong>University</strong> policy and applicable federal and state statutes and regulations. The <strong>University</strong> <strong>of</strong> <strong>Washington</strong> is committed to providing access and reasonable<br />
accommodation in its services, programs, activities, education and employment for individuals with disabilities. To request disability accommodation in the application process, contact the department at<br />
206.543.8560 or the Disability Services Office at least ten days in advance at: 206.543.6450 (voice), 206.543.6452 (TTY), 206.685.7264 (fax), or e-mail at dso@u.washington.edu.<br />
Published by the Michael G. <strong>Foster</strong> <strong>School</strong> <strong>of</strong> <strong>Business</strong>, <strong>University</strong> <strong>of</strong> <strong>Washington</strong><br />
Photography by Paul Gibson
EXECUTIVE EDUCATION<br />
MICHAEL G. FOSTER SCHOOL OF BUSINESS<br />
UNIVERSITY OF WASHINGTON<br />
BOX 353225, SEATTLE, WA 98195-3225<br />
PHONE: 206.543.8560<br />
FAX: 206.685.9236<br />
WEB: FOSTER.WASHINGTON.EDU/GEMBA<br />
Think differently.<br />
Make a difference.<br />
It’s the <strong>Washington</strong> Way.