Question
1: Why is The Notre Dame's Mendoza College of Business's
International Program different than other EMBA, MBA Refresher or
mini-EMBA programs? Executive MBA degrees are generally expensive,
demanding and time-consuming. Students have to sacrifice several years’
worth of evenings and weekends and all the family time and sacrifices
this entails.
Answers:
Usually,
the EMBA programs are like what you mentioned. Executive MBA
(EMBA) programs take more than a year of classes with classes generally
scheduled mostly on weekends. Our program, which we call a
mini-EMBA is focused on students outside the U.S. and, however, is
shorter and structured to complete in three weeks of in-class programs,
involving onsite teaching in your home country and a trip to the U.S.
for a focused one-week program on the last week. “Business
Coaching” would be an integral part of the program. This is to
ensure that the teaching in the program is transferred to the
workplace.
Similar to other programs, our
program is aimed at senior employees, with a full-time job, or with
many years work-experience; but we recognize that managers in the
region really do not see the economic logic in the early stages of
economic development like in Asia in spending too much time out of
their jobs to further their study, or they do not have enough time for
it. Our program teaches global business by having students experience
it themselves, get involved and experience the real environment.
Question
2: Does your program have specialized versions, which
provide job-specific, customized content?
Answers:
Programs are
tailor-made for each specific group, budget and training requirement.
It may cover certain sectors and industries of the U.S. market that are
growing or offering particular opportunities. Our hands-on learning
with the opportunity to address real-world business challenges and
devise workable solutions; therefore, allows you to learn techniques
and content that is readily applicable to your business.
Question
3: Your program focuses on the U.S. market and on
learning to do business in the U.S. Why is that important to me
as a non-U.S. business?
Answers: The U.S. is the
largest consuming market in the world. It is also one of the most
free and open. Restrictions to companies to export to the U.S.
are minimal. Despite the above, doing business and becoming a
success in the U.S. market is not easy. First, competition is
fierce. Countries from all over the world are exporting to the
U.S. and seeking to expand sales here. Further, the U.S. is a
very large country. It takes weeks to travel it. Customers
can be dispersed and finding them and educating them about your product
will be much different than with customers in your own country.
Culture and language are also different here and changing all the
time. Gaining a better understanding of the complexity of the
U.S. market and why it is important to you will be a major focus of our
program.
Question 4: Why is the University of Notre
Dame's Executive Educational program different from other university’s
EMBA programs?
Answers: There is a choice
of when you study, where you study and how you study. Earning an EMBA
degree or a lesser mini-EMBA or MBA-refresher from one of the most
prestige EMBA programs in the U.S. is always an advantage. It
will help you in your current and future jobs and in your daily work.
Notre Dame
University Mendoza
College of Business has impressive rankings, just to name a few, are:
- BusinessWeek Undergraduate Programs Ranking (2008) - # 3
- Aspen Institute - Beyond Grey Pinstripes (2007) - # 5 (MBA Programs)
- BusinessWeek - Nondegree Executive Education Custom Programs (2007) -
#15 Worldwide
- The Wall Street Journal Survey of Corporate Recruiters (2007) - #4
Corporate Social Responsibility
- The Wall Street Journal Survey of Corporate Recruiters (2007) - #3
for recruiting MBAs with high ethical standards
- The Wall Street Journal Survey of Corporate Recruiters (2007) - #9
for accounting
Furthermore,
the University's
network of 272 alumni clubs -- including 54 international clubs -- is
the most extensive in higher education. With graduates renowned
for their loyalty and generosity, Notre Dame annually ranks among the
top five in percentage of alumni who contribute to the University.
In the world of
business, Notre
Dame alumni serve in chief executive and other leadership positions at
firms such as Goldman, Sachs & Co.; Haggar Company; Morgan Stanley
Dean Witter & Co.; the Chicago Mercantile Exchange; Merck &
Company; Marriott Corp.; Emerson Electric Company; Hershep Foods Corp.;
and Liz Claiborne, Inc. Notre Dame alumni preside as chief executive
officers at some 27 U.S. and international colleges and universities.
Notre Dame graduates in high-level governmental positions also include
U.S. Congressmen representing New York, New Jersey and Indiana and the
national security advisor. In recent years, Notre Dame alumni
have won a Nobel Prize in medicine, a Pulitzer Prize in journalism, and
an Emmy Award for contributions to television technology.
Lastly, in
alumni satisfaction
surveys, Notre Dame ranks among the top three nationally.
“Guanxi” or
connections is known
throughout Asia as a way of reaching out and utilizing the network of
connections that help you get the necessary information, arrange the
proper appointment or find the partner to help support your business
requirement. As can be seen from the above, Notre Dame has long
understood and practiced this. Help extend your business network
through Notre Dame’s Mendoza School of Business education programs and
make contacts that will last a lifetime.
Question
5: What can we achieve in a three-week
course?
Answers: A three-week
course enables participants to catch up on developments in the business
world and management thinking and brush up their leadership skills.
Our program
objectives are:
1. To learn
about the
macro-economical and social trends in the United States and understand
their implications for doing business in the United States.
2. Understand the US Consumers, styles and buying behavior and find out
the Unique Selling Points to US consumers
3. To learn and understand the business model in the USA, including
company start up, fund raising, going public and how to build a strong
organization in the US
4. To learn and understand cross-cultural practices and how to
successfully integrate into the USA as a respectable brand.
Program
includes the following:
- Balanced and
diverse visits to
an extensive range of companies and business organizations
(privately-owned, state-owned, multinational firms), trade
organizations, ports, government investment promotion offices and
factories
- Meetings with influential and insightful figures in key government
agencies, trade organizations as well as established business people
- Well-regarded speakers on political, diplomatic, economic, business
and multinational operations in the U.S., with extensive
question-and-answer session
- Specially arranged cultural visits and tours that include the most
important tourist, sightseeing and cultural icons that better help trip
participants to appreciate and understand the country’s civilization
with explanations of the locations importance and context from
knowledgeable experts
- Options for programs for spouses and others to help them better
understand and appreciate work and life in a foreign culture
- At the successful conclusion of the program, you will be awarded a
highly attractive Certificate from Notre Dame's Mendoza School of
Business International Programs acknowledging your successful
completion of the program which can be placed on your wall, noted in
your personnel file and resume and which will distinguish you from your
contemporaries as a serious business professional interested in
self-improvement and advancement.
Question
6: What are
the profiles of the people that will be in my class? Will there
be only those from my country – be it China, Vietnam, Thailand or
elsewhere?
Answer: Our
candidates have significant work experience and managerial positions,
but more importantly it is their motivation and maturity, which is
being evaluated, not their years of work. They could be managers
who are involved in global business and probably work in multi-national
companies; those who are motivated by growing opportunities in the
U.S., MBAs, etc. It is not necessary to be only Chinese, Vietnamese or
Thai (if taking place in our programs in one of each of these
countries), any foreigners residing or working in China, Thailand, or
Vietnam (Korean, Taiwanese, American, European, etc.) or their family
members could be included and there might be a number of “fly-in”
students from outside China, Vietnam or Thailand to join our
program. This range of experiences helps to expand the program
and improve the quality of the experience for all. It also helps extent
your network of contacts so that in the future when you have a business
issue involving a particular country or area you can utilize your
alumni to reach out to find likely other alumni to assist and help you
solve the issue.
Question
7: Is the EMBA more appropriate for the older, more
seasoned executive rather than less experienced individual? What
if I am in my 30s?
Answer: We
focus on career
trajectory, level of responsibility, and what others in the classroom
will be able to learn from the individual. In this rapidly changing
world, we’re finding that careers are moving at an accelerated pace,
and therefore, we’re seeing some exceptionally accomplished younger
candidates for our mini-EMBA as well. The unique advantage that
EMBA students share is the opportunity to learn from their peers - all
working executives who come to the program with their own experiences
and work challenges.
Question
8: If my company is to support me both financially and
with time off to take this program - could you explain how your program
can help companies develop global strategies? How does sending me to a
mini-EMBA add to my company’s existing strategy setting capability?
Answer:
Acquiring, motivating and
retaining high quality human resources are one of the hardest
challenges every company faces. Education and training programs
in which employees need to learn and develop are recognized and
supported by their company creates the kind of bonds that help
encourage retention and that build higher quality human
resources. Participants at this level of seniority in a company
need to study outside their hometown and home country and to get
broader experience to bring back into their future work. More
over, mini EMBA participants can use the program to complete a project
for their company, especially if it is related to helping the company
moving into new markets. Generally a company supporting an
employee in quality training programs such as those organized by the
Mendoza College of Business is generally both beneficial for the
employee and the company.
Question
9: I have a MBA degree. What will this Notre Dame
University course give me additionally that I haven’t learnt from my
MBA class?
Answer: This
program is a
perfect way MBAs can refresh their knowledge. Given how quickly
knowledge is developing, your knowledge base and experience can become
potentially redundant. This course is to give exposure to new
thinking. Even if you are just graduated, or for those who are
younger, this
program would give you more experience in a different industry or
environment.
Question
10: How will the certificate benefit me in the
long run?
Answer: As mentioned above
the certificate, from a well-known U.S. University, will distinguish
you from your contemporaries as a serious business professional
interested in self-improvement and advancement. Also, executives
from various countries have found that their MBAs were not being
recognized for one reason or another in the U.S., so this program
enables them to gain that U.S. certification and made entry to the
country’s business easier.
Question
11: I'm not with a large company, but a small and
medium-sized enterprise. How can I benefit from executive education?
The price is too high and I feel that business schools are not
interested in small companies.
Answer:
Owners or managers
of SMEs also need to have in-depth training and experience and to have
real research on your new market. Usually, the SMEs will first seek a
consultant to help and rely on developing opportunities; however, not
all consultants are able to help them. With this program, you can
obtain that knowledge you’re seeking (please see our program objection
above)
Question
12: What is the course structure?
Answer: A
three-week
course, split into two sections, appeals to busy executives who are
short of time. The courses are separated into two parts. The first two
weeks are devoted to new research and topical themes and will be taught
in country on separate weekends; then a later one-week module will be
conducted in the U.S. This module allows you to take some of the
base information you learned in the weekend programs in-country and use
it to develop better understanding of the U.S. market and how its
opportunities and challenges can affect you, your competitors and how
to adapt to better ensure success.
Question
13: Who will lead the trip and help to ensure the
trip is both professionally fulfilling and meets all Notre Dame goals
and educational goals?
Answer: Bill Brewster
will be the Notre Dame International Program Faculty for this
trip. Bill is a director of Notre Dame’s International Programs,
a highly accomplished, internationally recognized, senior executive in
the fields of international business development, six sigma, leadership
and technology with extensive experience designing, developing and
executing large multi-national complex programs. Bill created and
maintains successful business relationships throughout the United
States, Latin America, Europe, Asia, Australia and Africa.
Co-trip leader
is Chris Runckel,
President of Runckel & Associates (www.business-in-asia.com)
Runckel & Associates, a Portland, Oregon based international
business consulting firm. Since 1999, Chris has assisted companies
interested in investing, manufacturing or opening an office or factory
in Asia and in particularly in Vietnam.
Chris is a
graduate of the
University of Oregon and Lewis and Clark Law School (with Honors) and
practiced law in Washington State before joining the U.S. Diplomatic
Service in 1975. He has had a long association over his career
with Asia and particularly with Vietnam. He served in the U.S.
Army in Vietnam from 1969-70. He worked in President Ford’s White
House as Deputy General Counsel of the Presidential Clemency Board,
which recommended clemency for Vietnam era draft deserters and
evaders. In 1994, Chris became U.S. Special Negotiator for
Vietnam. In June, he was assigned to Hanoi as the first
permanently assigned U.S. diplomat since the Vietnam War. From
June-December 1995, Chris headed up the U.S. Department of State office
in Vietnam. In 1997, Chris was recognized for the breadth of his
contribution to U.S. - Vietnam relations by being awarded the U.S.
Distinguished Honor Award, the highest U.S. Award for diplomatic
service. Chris is Honorary Chairman of the U.S. Vietnam Chamber
of Commerce (www.usvnchamber.org) and an active speaker on Asian and
business subjects to community, State and National groups.
A frequent visitor to Vietnam, Chris’s languages include Vietnamese,
Thai, Chinese (Mandarin), French, German and Spanish.
Question 14:
What about if I want to arrive early and recuperate or sightsee on the
weekend before the trip starts?
Answer:
This can be arranged, if you let us know if advance. Generally
hotel prices cost approximately $200 per night and early pick-up and
even a private tour can be arranged if you advise us early.
Question 15:
Passport and Visa?
Answer: You
will require a valid Passport and Visa for your visit to Notre Dame’s
campus and for attendance of the U.S. one-week program. This will
be worked out with you during the application process. If
accepted to the program, the University and the support providers will
work with you to help give you the necessary support letters and
documentation to assist you in the process of applying for and being
granted your visa.
Question
16: What
about Air travel to the U.S.?
Answer:
Airline travel costs from and to China, Vietnam or Thailand and to
Notre Dame in the U.S. are not included in the program’s price but an
option for a special fare will be arranged with a travel provider to
help get you the best rate possible. Remember, you gain an extra
day to get to the U.S., but you lose the day when you return to Asia
because of the crossing of the international dateline. Time in the U.S.
East coast is different from U.S. West coast.
Question 17:
What will the weather be like?
Answer: Weather in the Chicago and
U.S. Mid-west
ranges from hot and humid in
summer to very cold in winter. Oftentimes it is windy and weather
can be changeable so a jacket is useful at all times.
Question:
Where will we stay?
Answer:
All accommodations will be “four
star” or better quality hotels.