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Or leave a comment below. If you know some ways we can make it better, please send us an email: Welcome to the show, Dirk! Hi, Darren, thanks for having me!
We understand entrepreneurship much broader than setting up only your business back in your home country or in other places, but as well we understand entrepreneurship as corporate venturing, business development, expanding family business, take over family businesses, social entrepreneurship.
So within the MBA program all of our MBA students have to write a business plan as a mandatory project and you can continue your entrepreneurial venture throughout the program and actually present it to investors at the end of the program.
The second part or second aspect is about change. So we emphasize on change, personal changes, corporate changes, global changes, changes impacting on something in any time, especially in a more and more globalized world, fast changing environments, where we have to adapt. So we definitely showcase this within the program.
Nonetheless, I will emphasize that uniqueness is a kind of personal attribute. So what might be unique for some person about IE might not be for another person.
So you usually select an MBA program mostly for personal reasons and you have really to see the fit for your person, your profile into that institution and to see how the institution fits to you.
Can you just talk a little bit more about the Venture Lab and the opportunity for students who are interested in entrepreneurship, what opportunity that gives them? The Venture Lab has two phases. Every student, as I mentioned before, can actually write the business plan throughout the program with support from faculty members, alumni from IE in the particular industry or function you want to develop your business.
At the same time, there is a group of projects which get elected for a more specialized Venture Lab in which you get professional assessment from lawyers, from communication agencies.
Usually those are projects which are on high demand for angel investors and investors in general. At the end of the program, you always have the chance to present your business plan to investors.
We are conducting not only for graduates, but also for our alumni, Global Venture Days, which we have been running already in Latin America, in Asia, Middle East, in Europe of course, where alumni and graduates actually can present the business plans to local investors.
Many times investors in Spain are not too familiar with Vietnam or China or the region, so they might not be interested in investing in projects which are happening in these regions, but at the same time taking the Venture Days outside of Madrid and bringing them where the projects are going to happen increases likeliness to get funding from investors.
So maybe IE could also stand for International Entrepreneurship as well. Yes, sometimes people take that as a reference.
I mentioned change, so we have been working in our Change in Action section addressing kind of global topics. At the same time, we have been developing recently quite a range of double degrees with the universities, mainly in the US, Brown University, Yale, MIT, where students can get a second degree, one European degree, one usually US degree, which gives them access to two brands, two alumni networks and allows them to scale their investment.
We are working as well with universities in Singapore, China, South Africa, Brazil, UK, US, on short exchanges, which are one week exchanges to certain regions to learn more, get more exposure to those areas, can be as well focusing more on certain industries where IE might not be totally specialized in, such as luxury brand management or other fields where there are more experts in other universities.
The overall student body at IE probably has about different nationalities at any present time on the campus Darren: So it sounds like a very international experience and network, but why should candidates get their MBA in Madrid and in Spain in particular? There are several aspects. Secondly I would say language.
Learning Spanish is not just only a survival necessity for being in Spain, but if you think about it as a business opportunity, you have the whole Latin American continent, which is Spanish speaking, and business opportunities are rising between Asia especially and Latin America in recent times.
So it definitely is as well an opportunity after graduation if you manage to speak the language. Definitely thinking about Spain and what has been in the media over the past couple of months or years is the crisis, euro crisis.
Spain has been one of the focal points. Learning in a crisis environment helps you actually to realize how you impact change with your decisions and how you may step out of a crisis if it happens and right now the euro zone is in a crisis. But there have been many crises across the world, the Asian financial crisis, SARS, there have been a lot of things happening as well in Asia.
Yes, and I definitely would love to talk more about careers of IE MBA grads a little later in the program, so I hope we can get to that. But if we can now shift our focus to admissions, this is always the big concern with MBA applicants, especially applying to a top rank school like IE.
So could you just walk us through and demystify the application process?
What happens between the time an applicant submits and application to when he or she hears back from IE? We have an online application where people register, they have to fill in a couple of questions, essays.
You can upload a video on YouTube, you can make a PowerPoint presentation, you can make a photo reportage, which actually caters to the diverse student body at IE. So for some people it might be much easier to express themselves in different ways than in written means. Once you submit all the documents, the Admissions Committee will revise your application, will select you or not for the interview.
After the interview, it will usually take about another two to three weeks to get a final feedback.The W.
|Your Best Bets for Finding a Data Science Scholarship||Deadline January 31, We are doing that by offering a two-week, all expenses paid fellowship:|
|This reduction does not apply towards W. Review the tuition waiver rules for more information.|
|AWP: Directory of Conferences & Centers||After a year of teaching, she earned a public policy fellowship from the Congressional Hispanic Caucus Institute CHCIwhich is dedicated to helping obtain government jobs for young Latinos.|
P. Carey School of Business General Scholarship Application is an online • Complete required essays. When is the deadline date? The deadline date for current/transfer students is Tuesday, Disbursement of business scholarships for the academic year begin s on or about the.
Upon admission, you were automatically considered for our W. P. Carey School of Business merit scholarships. We do encourage you to research other scholarship opportunities for additional funding. All W. P. Carey scholarships will be adjusted accordingly, if necessary, to prevent any refund of scholarship dollars as a result of a student’s withdrawal from a program of study All future scheduled scholarship disbursements will be cancelled.
No GMAT score, No Problem! Check out the business schools that don't require GMAT. The GMAT score is an essential component for the full-time Masters programs in several universities.
The Scholarships For All initiative was launched in in the hopes that it would attract students from non-traditional backgrounds to pursue an MBAand John Wisneski, professor of management and faculty director of the full-time MBA at W.
P. Carey, says theyre already noticing a difference. We got an amazing response and have now wrapped up this tagline clinic. We’ll do it again in the near future. When people arrive at your website, they’re looking for instant guidance.