Going Places with an IMBA.

InternationalMBA ProgramF O G E L M A N CO L L EG E O F B U S I N E S S A N D ECO N O M I C S

Driven by doing.

InternationalMBA ProgramF O G E L M A N CO L L EG E O F B U S I N E S S A N D ECO N O M I C S

Contents

2 Introduction

3 IMBA vs. MBA

4 Curriculum

6 Corporate Connections

8 Summer Studies Abroad

8 The University of Memphis

10 Admission

The Internat ional MBA Program

The Universi ty of Memphis

Fogelman Col lege of Business

and Economics

101 Fogelman Col lege Admin Bldg

Memphis , Tennessee 38152

PHONE 901.678.3499

FAX 901.678.4705

EMAIL imba@memphis.edu

memphis.edu/internationalmba

GRADUATE ASSISTANTSHIPS AVAILABLE FOR HIGHLY QUALIF IED STUDENTS

Then let your inspiration take you to the career you’ve always wanted.

While taking courses in the International MBA (IMBA) program at the

University of Memphis, you will develop the business skills, country

understandings, cultural competencies and global mindset to do business just

about anywhere in the world. An IMBA classroom is unlike any other classroom

setting you’ve experienced before. A select number of students are admitted and

balanced between U.S. and international students to provide a true multicultural

environment. You will work alongside classmates with diverse ethnic and

country backgrounds, appreciating each other’s differences and learning together

toward becoming tomorrow’s global managers. Experiential learning is at the

heart of our IMBA program, which features a an overseas summer study

semester or an internship in a foreign country. The rest of our curriculum is just

as impressive. Widely viewed as a strong academic program, our IMBA’s

interdisciplinary approach combines professional business education with the

study of cultures, customs, languages and business practices

in your chosen region of the world.

Are you inspired to see beyond boundaries and work across cultures?

The economy is no longer confined nor defined by national

borders. Advances in transportation and information technology

have exploded, bringing the world together in unbelievable

ways. More and more students are choosing an IMBA over an

MBA to build skill sets useful to this exciting and ever-

changing global corporate environment. Even long-term

success in domestic markets depends on international skills.

Our IMBA prepares you to be a business leader anywhere in

the world.

The intimate class size allows you to interact with and

learn from your IMBA classmates — about half of whom

originate from international countries. The bottom line is, all

kinds of people with varied backgrounds and interests are

enrolled in our IMBA program. The most important

prerequisites for our students are a penchant for learning and a

disposition for commitment. The curriculum is challenging, but

the rewards can be outstanding.

Why choose an IMBA instead of an MBA?

In France, business

conversation is

quite formal.

Don’t be the first

to introduce topics

of conversation

such as spouse,

children, pets,

hobbies or sports.

ON BUSINESS IN F R A N C E

Business Conversation

3

ORIGINS OF OUR STUDENTS:

UNITED STATES

ASIA

LATIN AMERICA

WESTERN EUROPE

EASTERN EUROPE

AFRICA

To prepare non-business majors, one foundational course in each of the four following business subjects may be taken

prior to beginning formal IMBA studies at any accredited university, including the University of Memphis: Statistics,

Accounting, Finance and Economics. These classes are recommended but not required for admission.

Our IMBA environment is engaging. The discussions are eye-opening.

The internships are interesting. The faculty are recognized experts in their

fields. You will be learning from leading scholars of international business.

Classes are held in a modern executive classroom with cutting-edge audio/

visual equipment. Classroom instruction leans toward open discussion rather

than lectures. You will learn the finer points of dealing with business people

from a variety of cultures.

The program consists of four semesters. Three semesters of core and elective

courses are offered in international business. Internships or study abroad

opportunities are for one semester. The Fogelman College of Business and

Economics will ensure that you receive a well-rounded business education. You

will gain the insight needed to masterfully conduct business in the international

arena.

Each year only a select number of students are admitted, so classes are small.

It is highly recommended that prospective students apply early, ideally by late in

the calendar year, for the coming fall semester.

The curriculum is as challenging as the results are rewarding.

DOMESTIC (U.S.) STUDENTS

U.S. students with three years of foreign

language training can study the business

practices, culture and language of a variety

of countries such as China, Japan, India,

Germany, France, Panama and Peru, just

to name a few. You will gain practical

experience through summer study and

an internship abroad that offers an

in-depth approach to understanding

international business.

Note: Before studying abroad in a country that

requires foreign language skills, U.S. students are

required to have six semesters of undergraduate

study in their respective foreign language.

U.S. students without foreign language

skills can specialize in the practice of

business in geographical regions where

English is the primary business language.

This interdisciplinary curriculum reflects

the rapid growth of regional integration and

business opportunities in world regions

that are increasingly important to the

United States. Study abroad and

internships are arranged in a region that

utilizes English to conduct business.

INTERNATIONAL STUDENTS

International students receive an

in-depth exposure to U.S. business

practices and culture.

Summer study for international

students is conducted on the campus of the

University of Memphis, and internships

are completed with U.S. firms.

The IMBA program attracts students

from all over the globe, creating a diverse

and exciting classroom.

5

Germans are sometimes

said to be rather stiff

and cool when doing

business. Do not take

it personally if your

business associate does

not smile, interrupts you,

or speaks in a loud or gruff

voice. Unfriendliness

is almost never intended.

ON BUSINESS IN G E R M A N Y

Did I Do Something Wrong?

The IMBA program at the University of Memphis

enjoys an elite status among major corporations.

Consequently, our graduates are in demand. The

University’s connection to premium internship

opportunities, both at home and abroad, helps fuel that

demand. We do our part to help place each student in

a corporate environment that encourages growth and

provides real-world experience. Corporations know

that the University

of Memphis produces capable leaders in

international business.

The City of Memphis is home to many firms that

are active in international business. Many of these

businesses are industry giants, with global name

recognition. Among these corporations are FedEx,

Smith & Nephew, First Horizon, Medtronic,

International Paper, Thyssen Krupp, Storage USA and

AutoZone. The presence of these and other

internationally active firms helps the University to

access internship and career placement opportunities

for students.

Corporate connections make a world of difference.

A. O. SMITH

ALTAIR TECHNOLOGIES

AUDI

AUTOZONE

BDO CONSULTING

CEMEX

CUMMINS ENGINES

DAUPHIN AFFICHAGE

ENERTEC

FEDEX

GATE GOURMET

GENERAL MOTORS

GRUPO IMSA

HYPO BANK

IBM

INTERNATIONAL PAPER

KOLB WELLPAPPE

MEDIA SATURN

MEDTRONIC

MESSE MÜNCHEN INTERNATIONAL

MILLIPORE

MISSLBECK GMBH

ROBERT BOSCH POWER TOOLS

SMITH & NEPHEW

STEELCASE STRAFOR

THOMAS & BETTS

UNITED AGRI PRODUCTS

VARCO PRUDEN BUILDINGS

VITRO

WRIGHT MEDICAL

7

A sample of companies sponsoring internships:

India is a very diverse

country: multiethnic,

multilingual and

multireligious. While

India has 18 official

languages, English is

the language of

communication in

urban areas.

ON BUSINESS IN I N D I A

Summer studies, a world away.

One does not learn much about a foreign country and culture without experiencing

it firsthand. Our curriculum takes you overseas and into the heart of foreign

nations. Only after you immerse yourself in the culture and subtleties of another

nation will you truly understand how business is conducted in that country.

The University of Memphis has strong relationships with high-caliber

universities around the world. Our partnerships with these quality institutions

make our IMBA program globally recognized for its leading-edge instruction

in international business. Students spend the entire summer at one of these

institutions, gaining valuable experiences that are unattainable at home.

Many international universities and learning institutions are partnered with the University of Memphis. Here are

just a few: University of Strasbourg, France; Catholic University of Eichstätt-Ingolstadt, Germany; Osaka University of

Economics, Japan; Nanjing University, China; Esan University, Peru; Indian Institute of Management, Bangalore, India.

C A M P U S V I E W S : T H E U N I V E R S I T Y O F M E M P H I S

A student life you will always remember.

The University of Memphis is located centrally in Memphis, Tennessee.

Because Memphis is renowned for food, music and Southern hospitality, it is

easy to understand why so many students cherish their time in the city

and on campus. There is never a lack for things to do in Memphis.

Take a stroll down Beale Street and duck inside some of the venues

famous for barbecue and blues music. Attend a basketball game at the

FedExForum, or bicycle through Shelby Farms Park.

9

You will find Memphis’ Rock ’n’ Soul Museum as entertaining as

the National Civil Rights Museum is inspiring. Memphis in May

is a month-long international festival of music, Southern food,

and the culture of a different country honored each year.

Graceland is open all year long, should you wish to pay tribute

to the King of Rock ’n’ Roll, Elvis Presley.

While Memphis has its charms, the University also has a

distinctive personality all its own. Though classified as an urban

university, the 217-acre campus is located in a quiet, tree-lined

neighborhood brimming with ambiance. Cutting-edge facilities

co-mingle with traditional, brick and stone buildings that create

the character of the campus. The faculty is over 750 professors

strong, including 23 Chairs of Excellence — more than any

other campus in Tennessee. Over 20,000 students attend the

U of M, hailing from virtually every state and from over 80

countries. The people you meet and the experiences you have

will be ones you treasure forever.

Given its geography,

Panama has significant

populations from many

neighboring countries.

Panama is a beehive of

activity with

commensurate growth

in its economy. Spanish

language skills are

essential to achieving

business goals.

ON BUSINESS IN P A N A M A

Admission to a premier program.

One class a year is admitted to the IMBA program each fall. Because

the size of the class is limited, only qualified and dedicated students

are awarded admission. Though students come from different countries,

backgrounds and cultures, all are selected based upon academic ability

and genuine interest in pursuing an international business career.

ADMISSION — An applicant to the IMBA program must have

completed (or be in the process of completing) a bachelor’s degree

from an accredited four-year institution in the U.S. or an equivalent

foreign degree. Candidates must satisfy the requirements for admission

to the University of Memphis Graduate School and the Fogelman

College of Business and Economics. All applicants are required to

take the Graduate Management Admission Test (GMAT) or the

Graduate Record Examination (GRE). International students must

take the Test of English as a Foreign Language (TOEFL) or

International English Language Testing System (IELTS), in addition

to the GMAT or GRE. The IMBA Admissions Committee considers

additional factors that point to achievement potential and international

interests, including leadership skills, work experience, foreign

language ability and three letters of recommendation.

APPLICATION — The IMBA Admissions Committee begins a full

review of applications on February 1. Students are encouraged to send

in their application materials for the early admissions review cycle,

which begins at the start of the calendar year. Please note that

complete information regarding how to apply can be found on the

following webpage: memphis.edu/internationalmba/Apply.php.

11

COST — Students attending the University of Memphis benefit

from very affordable tuition and fees for Tennessee residents, as

well as very competitive fees for nonresidents. In addition, the

program offers a number of graduate assistantships, available to

highly qualified students, based on academic merit and

experience. Most graduate assistants work 20 hours a week on

projects for faculty and administrators in return for a stipend

and a waiver of FCBE tuition during the academic year.

Applicants needing student loans are encouraged to complete

appropriate financial aid applications as soon as possible.

Business internships frequently provide monthly stipends

to offset some room and board costs. Students are responsible,

however, for all costs including travel to and from assigned

foreign locations and for personal expenses.

In China, handshaking is

the common greeting.

However, when meeting

someone for the first time —

for instance, upon arrival

at a business appointment —

immediately bow your head

slightly and offer your

business card with two hands.

Accept your colleague’s

business card in the

same fashion.

ON BUSINESS IN C H I N A

Do I Shake Hands or Bow?

So there you are, a brochure in hand, with an exciting decision to make.

Is this the right time for you to seize this opportunity? Do you have what

it takes to reach out and find yourself in an international career? An

IMBA degree can help you achieve this goal. The world awaits.

Learn more about our IMBA program by visiting

memphis.edu/internationalmba.

What in the world do you want to do with your life?

Across the U.S.,

don’t be surprised if

someone addresses you

by first name only, or shortens

your name from “Michael” to

“Mike.” This casual approach

to business is common in

the States.

ON BUSINESS IN THE U N I T E D S T A T E S

Why Is Everyone So Casual?

The International MBA Program · The University of Memphis · 101 Fogelman College Administration Building · Memphis, Tennessee 38152-3120

Tel: 901.678.3499 · Fax: 901.678.4705 · Email: imba@memphis.edu

UOM449-FY1415/### PRINTER NAME

memphis.edu/internationalmba

Driven by doing.