MASTER OF INTERNATIONAL BUSINESS - Tufts Fletcher...

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INTERNATIONAL BUSINESS MASTER OF

Transcript of MASTER OF INTERNATIONAL BUSINESS - Tufts Fletcher...

INTERNATIONALBUSINESS

MASTER OF

MIB—The Business Degree for the 21st Century

• HousedwithintheInstituteforBusinessintheGlobalContext

• 21-monthprogram• Fulltime,oncampus• Ahighlyselectiveclassofabout35studentseachyear

• Averagestudentage:27• 43%Female,57%Male

About The Fletcher School

• LocatedjustoutsideBoston,Massachusetts

• 550studentsfrommorethan80countries

• Faculty-studentratio–1:9• 44%ofclassesunder20students• Approximately170coursesofferedeachyear

• Morethan20researchcentersandprograms

• Studentspecializationsin22differenttopicalandgeographicareas

AstheoldestexclusivelygraduateschoolofinternationalaffairsintheU.S.,Fletcherisuniquelypositionedtopreparestudentsasleadersininternationalbusiness.

fletcher.tufts.edu/mib

Every day, the headlines remind us how profoundly the world is changing. New actors, new economies, new technologies, new political movements, new pressures, and new business models are emerging. Business is not only affected by cascading forces of change, it is also essential to solving problems and unlocking opportunities.

In such a world, a Fletcher pedigree is more critical than ever. The Fletcher School’s Master of International Business (MIB) degree is uniquely positioned to prepare you to step into positions of leadership and successfully cross borders of many kinds — of countries and disciplines. Our aim is to develop your “contextual intelligence”: understanding the interconnections between business, geopolitics, and international economics.

The foundation of this education combines concrete global business skills with a nuanced understanding of geopolitics, law, negotiations, and leadership. Students also deepen their knowledge in areas ranging from humanitarian issues to security to corporate finance, while expanding regional expertise.

We go beyond classic business and international affairs programs. Our graduates anticipate disruptive and subtle changes coming from many directions. They understand why the headline stories run from the Front Page onto the Business Page and back. Most of all, they are prepared to make tomorrow’s news — by making decisions that might just change the world.

The MIB curriculum is crafted to ensure that students develop deep competency in international business practices and a nuanced understanding of the global business context. Designed like a dual MBA-International Affairs master’s program, the MIB curriculum hones students’ contextual intelligence—an ability to recognize the impact of politics, law, culture, and society on the world of business.

CORE SKILLS & CONTEXTUAL INTELLIGENCE: THE MIB CURRICULUM

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INTERNATIONAL AFFAIRS

•CorporateFinance•StrategicManagement•FinancialandManagerialAccounting•InternationalMarketing•StatisticalMethodsforBusiness Decision-Making

•InternationalLaw•ManagerialEconomics•GlobalMacroeconomics•InternationalAffairselectivesindiplomacy, history,andpolitics•RegionalStudies:Europe,LatinAmerica, China,India,ortheMiddleEast

Studentschoosefromalistof18fields,e.g.:

•DevelopmentEconomics•HumanitarianStudies•InternationalBusiness&EconomicLaw•InternationalEnvironment&ResourcePolicy•InternationalNegotiation&ConflictResolution•InternationalOrganizations•InternationalSecurityStudies•InternationalTrade&CommercialPolicies

Studentschooseoneofthefollowing:

•InternationalFinance&Banking•Marketing•StrategicManagement&International Consultancy•Public&NGOManagement

Integrated Capstone

Project

AdditionalElectiveCoursesTuftsandHarvardCoursesInternationalExchanges

The Core CurriculumTheMIBcoreensuresthatstudentsreceiveanintegratededucationininternationalbusinessandinternationalaffairs.SelectingthemostessentialelementsfromdualMBA-InternationalAffairsdegreesallowsustostreamlinetheprogramandfocusontheinterconnectionsbetweenthetwoareasofstudy.

Integrated Capstone ProjectThecapstoneallowsstudentstosharpentheiranalyticalskills,partnerwithaprofessor,builddeepknowledgeinanicheareaofexpertise,andcreateabridgetothejobsearch.Topicshaveincluded:

•Bio-fuelinvestmentopportunities•FDIinAfrica’spharmaceuticalindustry•Indianprivateequity•Emergingmarkets-basedstockexchanges•LiberalizationoftelecomsinAfrica

Fields of StudyMIBstudentschoosetwospecializations,orfieldsofstudy—oneininternationalaffairsandoneininternationalbusiness.Eachfieldrequiresthreeclassesandallowsforamplechoicetobuilddepthofknowledge.Foracompletelistoffields,seefletcher.tufts.edu/fields.

To satisfy the requirements of the MIB degree, students must:• Complete 18 courses, including the core curriculum• Fulfill two fields of study• Demonstrate proficiency in a second language• Complete the Professional Development Program• Complete an MIB capstone project

BEFORE FLETCHERSABMiller,MarketingManager–Johannesburg,SouthAfrica

Unilever,BrandManager–Durban,SouthAfrica

McKinsey&Co,BusinessAnalyst–Johannesburg,SouthAfrica

BBS,Finance,UniversityofCapeTown

L ANGUAGESShona,English

After Fletcher, I hope to give effective input into business, development, and media strategies for Africa. To do this, I need to fully grasp the differences across the continent – between Francophone and English speaking West Africa; between the cultures that are predominantly Nguni- or Christian-based and the Arab-based cultures; between the natural resource-rich and the agriculture-based communities; between the war-ravaged and those that have been at peace for many years.

VIOLET MIDZI ’13 | Zimbabwe | InternationalInformation&CommunicationMarketing

Other OpportunitiesBeyondtheMIBdegreerequirements,studentshaveampleopportunitytocustomizetheircurriculumthroughfreeelectivecoursesatFletcher,cross-registrationoptionsattheTuftsandHarvardgraduateschools(e.g.,HBS,HKS),andinternationalexchangeprograms.

INTERNATIONAL EXCHANGESMIB students can spend one semester in a global exchange program, forging true fluency in a key business context and culture.

Programs include:

• ChinaEuropeInternationalBusinessSchool,Shanghai,PRC

• HECSchoolofManagement,Paris,France• IndianSchoolofBusiness,Hyderabad,India• IEBusinessSchool,Madrid,Spain

SPEAKER SERIESEach year, Fletcher welcomes hundreds of speakers to campus who come from a wide range of career paths and regions.

Recent on-campus speakers include:

• ExecutivesfromMcKinsey,DeutscheBank,BP,theWorldBank,DuPont,BiogenIdec,theEuropeanInvestmentBank,andGoldmanSachs

• DiplomatsfromBrazil,Thailand,Korea,andtheEU• ExpertsontopicsrangingfromtheRussianenergysectortocountrymanagementinfrontiermarkets

Through hands-on, real-world experiences and research, students can tailor the Fletcher MIB to their unique professional and academic goals.

FIELD STUDIES IN CONSULTINGThis hands-on course matches small student teams with real-life clients to give students valuable consulting experience. Students develop international market entry solutions, support strategic international decisions, and experience the complexities of managing clients and relationships.

The program partners with clients across sectors, including:

• BankofAmerica• FederalGovernmentofMexico• Hitachi• MasterCardFoundation• NikeFoundation• Pfizer• Siemens• StateStreetCorporation• U.S.DepartmentofState

LEARNING BEYOND THE CLASSROOM

AFTER FLETCHER NERAEconomicConsulting,SeniorAnaylst–NewYork,NY

FLETCHER INTERNSHIP eBAY,EDFClimateCorpsFellow

BEFORE FLETCHERFrickCapital,DirectorofOperations–Geneva,Switzerland

RAFAD,UNFPAProjectIntern–Geneva,Switzerland

BS,ForeignService,GeorgetownUniversity

Before I came to Fletcher, I worked in the hedge fund industry. There are many skeptics in that sector in regards to impact investing and sustainable finance, and I want to change that. I believe that strong returns and sustainable investments can go hand in hand. I plan to re-enter the financial arena after graduation and work towards putting more assets in socially responsible investments. I hope that in my lifetime, investing with sustainability in mind will become an industry norm.

GABRIELLE MAGUIRE ’12 | UnitedStates | InternationalEnvironment&ResourcePolicyInternationalFinance&Banking

STUDENT CLUBSStudent clubs are an integral part of life at Fletcher. They publish journals, host speakers and conferences, connect with world experts, and organize trips to key cities of interest.

A sampling of student clubs:

• ChinaClub• EnvironmentandSustainabilityInitiative• InternationalBusinessClub• LatinAmericaGroup• PoliticalRiskForum• MicrofinanceandDevelopmentVentureCapitalNetwork

• NetImpactSociallyResponsibleBusinessClub• EnergyConsortium• SocialBusinessClub

AFTER FLETCHERDalbergGlobalDevelopmentAdvisors,SeniorConsultant–Washinton,DC

BEFORE FLETCHEROfficeoftheSecretaryofDefense,ActionOfficer–Washington,DC

BoozAllenHamilton,Consultant–Washington,DC

BS,Mathematics,MIT

L ANGUAGESArabic,German,English

In terms of political and economic views alone, it is incredible just how many unique views are represented across the faculty. The implication of this diversity is that students are challenged on their assumptions from every possible angle. Some programs push students to think in a particular way or build a school of thought. Fletcher prepares us by exposing us to many schools of thought and bodies of knowledge and by pushing us to think for ourselves. I can’t imagine a better way to prepare leaders.

JORDAN FABYANSKE ’10 | UnitedStates | InternationalBusiness&EconomicLawStrategicManagement&InternationalConsultancy

Fletcher MIB students and graduates demonstrate that there is no “typical” professional path in the area of international business. Our students’ interests span sectors, industries, and geographies, and their careers range from general strategy consulting to niche political risk consulting, from traditional corporate finance to specialized microfinance.

PROFESSIONAL IMPACT & INTERNATIONAL MOBILITY

AFTER FLETCHERGlobalClearinghouseforDevelopmentFinance,InfrastructureProjectCoordinator–NewYork,NY

BEFORE FLETCHERHDFCAssetManagementCompany,AssistantManager–Mumbai,India

BA,Economics&Commerce,UniversityofMumbai

L ANGUAGESHindi,English

My professional experience taught me to appreciate that financial markets and businesses do not operate in a vacuum. From the relationship between the geopolitics of the Middle East and crude oil prices, rising food prices and social unrest, the threat of terrorism and business confidence, the impact of events is felt across boundaries and disciplines. This appreciation was fundamental to my decision to pursue the MIB. The interdisciplinary approach to the analysis of issues is imperative in our interconnected world.

RISHAD SADIKOT ’12 | India | InternationalPoliticalEconomyStrategicManagement&InternationalConsultancy

OFFICE OF CAREER SERVICESFletcher’s approach to career services is one of customized support and focused training. The Office of Career Services (OCS) partners with students to assess their career interests, build a professional network, and hone job search skills. The required ten-week Professional Development Program gives all students a strong foundation, and from there, students take advantage of OCS training and outreach opportunities, including:

• One-on-onecoachingsessions• Mockinterviews• Individualresumereview• Employeroutreach• CareerinformationtripstoWashington,DCandNewYork

• Sector-specificcareertraining• Employerinformationsessions• Summerinternshipfunding• On-campusinterviewsandresumecollection• Customon-linecareerportalanddatabase

ALUMNI NETWORKWith more than 7,500 alumni in over than 160 countries, the Fletcher network is a key advantage in securing unique jobs across sectors and the globe. The Fletcher alumni community is famously interconnected, and students will have access to them as mentors and advisors. Fletcher alumni have held notable positions including:

• Globalleader,AerospaceandDefensePractice,McKinsey&Co.

• ChairmanofCiticorp/Citibank• PresidentofExxonCorporation• ManagingdirectorofMiddleEastDivision,Lazard• Presidentandchiefexecutiveofficer,CB&I• ChairmanandchiefexecutiveofficerofXeroxCorporation

• VicechairmanofGoldmanSachs• SpecialadvisortothesecretarygeneraloftheUN• Co-founderandvicechairmanofOliverWyman• CommanderoftheUnitedStatesSouthernCommand• Headsofstateandseniorministersofmultiplecountries

FinanceAberdeenAssetManagementAsiaPacificInvestmentPartnersBancoSantanderBancoItaúBarclaysBankBerenbergBankBNPParibasEuropeanInvestmentBankLazardNomuraSecuritiesShanghaiPudongDevelopmentBankStateStreetBank

EnergyCambridgeEnergyResearchAssociates(CERA)CERESChinaBeijingEnvironmentExchangeChinaLightandPowerHoldingsGETransportationInternationalEnergyAgencyJuwiSolar,Inc.U.S.DepartmentofEnergy

Multinational CorporationsAmazon.comCellutantChicagoBridge&IronCiscoDiageoeBayGeneralElectricGrupoAltexHitachiJetBlueMicrosoftPepsiCoPfizerProcter&GambleUnilever

ConsultingAPCOWorldwideBooz&CoControlRisks(PoliticalRiskConsulting)DeloitteConsultingErgo(PoliticalRiskConsulting)ExclusiveAnalysis(PoliticalRiskConsulting)HuronAssociatesMcKinsey&CompanyMonitorInclusiveMarketM.J.Bradley&Associates(EnergyConsulting)NERAEconomicConsultingPwCWaggenerEdstrom

Public SectorMexico–FederalElectricityCommissionRwanda–RwandaDevelopmentBoardTurkey–UndersecretariatofForeignTradeTurkey–TreasuryU.S.–NewYorkFederalReserveBankU.S.–TreasuryU.S.–OfficeofManagementandBudgetU.S.–OverseasPrivateInvestmentCorporation

International OrganizationsInternationalFinanceCorporationInternationalTradeCentreTheWorldBankUNCTADUNDP

NGOs and DevelopmentACCIONChemonicsClintonGlobalInitiativeConsultativeGrouptoAssistthePoor(CGAP)EurasiaFoundationFINCAMicroVestVillageEnterprise

RECENT JOBS AND INTERNSHIPS: A SAMPLE OF LOCATIONS AND ORGANIZATIONS

Fletcher places high value on student involvement, and our faculty-led research centers are no exception. They give students access to internships, consulting engagements, conferences, and research stipends. Recent projects have allowed students to interview corporate country managers in emerging markets, visit Haiti to research microfinance institutions, organize a conference on mobile banking in Kenya, and attend UN climate change negotiations. A sample of centers and their student-focused activities includes:

THE CENTER FOR EMERGING MARKET ENTERPRISES (CEME)CEME partners with multinational corporations, rising national enterprises, and consulting and financial institutions to study issues they face in emerging and frontier markets. From development tools to financial products to multinational market entry strategy, CEME addresses emerging issues with emerging thinking.

• Casestudiesandconferenceonstrategy,operations,andleadershipinemergingandfrontiereconomiesforcorporatemanagers

• Workinggrouponpoliticalriskmitigationforbusinessesandprofessionals

• Educationprogramforcentralbankersfromemergingmarketsonfinancialinclusionpolicyandbankingforthepoor

• Long-termresearchinitiativetoexaminesovereignwealthfundsandthekeycross-borderissuestheyface

• Scenariodevelopmenttoidentifyglobalmega-trendsanduncertaintiesandtheirimpactonbusiness.

HITACHI CENTER FOR TECHNOLOGY AND INTERNATIONAL AFFAIRSThe Hitachi Center focuses on global technology change and management, international finance, and international economic integration. Center events bring together scholars and policy-makers to facilitate a global exchange of ideas.

• Researchprojectontheglobalcompetitionfortalenttounderstandemployeegoals,companystrategies,andnationalagendas

• AspeakerseriesonriskmanagementstrategiesforAsiancorporations

• AnnualsummerinternshipprogramwiththeHitachiResearchInstituteinTokyo

CENTER FOR INTERNATIONAL ENVIRONMENT AND RESOURCE POLICY (CIERP)CIERP analyzes critical global environmental problems through an interdisciplinary approach, identifying the underlying scientific, social, economic, and technological dimensions of these issues. CIERP seeks effective, sustainable solutions by drawing on fields that include international law, diplomacy, and mutual gains negotiations.

•Monthlycolloquiaonenergyandclimatepolicyresearch

•Researchandpublicationsontherenewableenergyandclimatechange

•Sponsoredinternshipsonissuesrangingfromfisheriespolicytowatertreatiestoclimate-friendlyagriculture

CONNECTING THEORY & PRACTICE

ADMISSION REQUIREMENTSAcademic Capacity: MIB candidates have a strong undergraduate record in a variety of disciplines, ranging from international relations and business to engineering and sciences to the humanities. While academic preparation from a variety of fields is acceptable, MIB applicants should demonstrate a capacity for quantitative and analytical coursework through their undergraduate record, a strong quantitative GMAT or GRE score, and/or work experience with demonstrable quantitative or analytical responsibilities.

Professional Experience: Most successful MIB applicants have at least two years of full-time work experience in the private sector or a job with exposure to solid business practice and principles. Work experience in corporate research and analysis, public or NGO management roles, or in the military are all also common career paths prior to enrolling at Fletcher.

International Orientation: There is no rigid requirement as to length or nature of international experience, but students should have a demonstrated interest in the international environment. Studying, living and/or working abroad are all considered positive experiences, but working in an environment where international issues are the focus is also highly relevant.

Language Preparation: All Fletcher students must demonstrate knowledge of a foreign language. English is considered the foreign language for students whose first language is not English. Native English speakers must pass written and oral proficiency exams prior to graduating. The admissions committee’s preference is that students achieve proficiency before enrolling.

YOUR FUTURE AT FLETCHER: OUR ADMISSIONS PROFILE

What do we look for in an MIB student? Professional accomplishments, academic excellence, global exposure, and intellectual curiosity. We seek students who, by virtue of their background, achievement, and experience, can contribute to the education of their peers and to the wide range of careers under the international business umbrella. These attributes come in many different packages, and this diversity is a hallmark of the Fletcher student body.

AFTER FLETCHERControlRisks,Consultant–NewYork,NY

FLETCHER INTERNSHIPFederalReserveBank,FinancialSectorPolicy&Analysis–NewYork,NY

BEFORE FLETCHERBearSterns&Co,GlobalCreditAnalyst–NewYork,NY

FirstManhattanConsultingGroup,Consultant–NewYork,NY

BA,InternationalRelations,DartmouthCollege

Fletcher helped me successfully shift my career. Although my professional background was in financial risk management, I maintained a strong interest in policy issues and international business. While at Fletcher, I gained new skills, perspective, and contacts to identify and redefine professional application more suited to my interests. This process had an unequivocally positive impact on my subsequent job search, and ultimate placement in international political and security risk consulting.

ANDREAS ALBECK ’10 | UnitedStates&UnitedKingdom | InternationalBusiness&EconomicLawStrategicManagement&InternationalConsultancy

Application DeadlinesTheMIBhasoneintakeinthefall,andadmissionsdeadlinesareasfollows:• November15:Earlynotification;non-binding• January10:Regulardeadline• March1:Finaldeadlinewithlimitedscholarship aidavailability

Application Requirements • Onlineapplicationandfee• Officialacademictranscripts• Threelettersofrecommendation• Personalstatementandessays• Resume/CV• GMATorGREtestscorereports• TOEFLorIELTSforapplicantswhosenativelanguageisnotEnglishanddidnotearnauniversitydegreewhereEnglishisthelanguageofinstruction

• Evaluativeinterview(optional)

Scholarship AidScholarshipawardsarebasedonbothmeritandneed,anddecisionsaremadebytheCommitteeonAdmissionsandScholarshipsbyApril1.Awardsrangefrom$5,000tofulltuition,andaregenerallyrenewableforthesecondyearofstudy.Allscholarships—includingtheEmergingMarketsEnterpriseScholarshipandSchmidheinyGlobalBusinessScholarship—areavailabletobothUSandinternationalstudents.

THEFLETCHERSCHOOLTUFTSUNIVERSITY

160PackardAvenueMedford,MA02155Phone:617.627.3700fletcher.tufts.edu/mib

OFFICEOFADMISSIONSANDFINANCIALAID

Phone:617.627.3040Fax:[email protected]

OFFICEOFCAREERSERVICES

Phone:617.627.3060Fax:[email protected]

ADMISSIONS & SCHOLARSHIP AID

The Map Your Future Program

CollegeseniorsandstudentsintheirfinalyearofundergraduatestudymayapplytoFletcher’sMapYourFuture(MYF)program.MYFguaranteesadmittedapplicantsaplaceintheMALDorMIBprogramaftercompletingtwotothreeyearsofprofessionalexperienceinaFletcher-approvedposition.Thishighlyselectiveprogramisintendedforthosewithexcellentacademicpreparation,aclearprofessionalfocus,andademonstratedtrackrecordofsuccess.Theprogramallowsforprofessionaldevelopmentandcareerexplorationwhileguaranteeingapositioninafutureclass.ApplicationsfortheMYFprogramarereviewedonarollingbasisbetweenDecember20thandMay15th.Pleasevisitfletcher.tufts.edu/myfformoredetails.

fletcher.tufts.edu/mib