In the market for a global Executive MBA experience? A new program is set to kickoff this winter for managers and entrepreneurs who aspire to lead in the European and Asian regions of the world. The EMBA for Eurasia is a new joint degree offered by the business school at Hong Kong University of Science and Technology and The Moscow School of Management SKOLKOVO, a private Russian business school that launched in 2006.
Classes for the part-time, 16-month program will take place in seven different countries around the world and they are especially designed for managers who aim to run businesses within the framework of the Belt and Road Initiative. Announced last year by the government of China, this initiative is an infrastructure-focused effort to increase connectivity between dozens of countries across Asia, the Middle East, Europe, and Africa.
TWENTY COURSES, SEVEN DIFFERENT BUSINESS SCHOOLS
The HKUST-SKOLKOVO Executive MBA Program for Eurasia, as the program is officially called, includes 20 courses taught in seven leading business schools. Each stop along the way, students will learn and acquire skills related to the setting in which they study. During the module at HKUST, for instance, they’ll seek to understand the business systems and economies of China and the Far East. With Silicon Valley as a backdrop, the module at the University of California-Berkeley’s Haas School of Business in the U.S. will hone in on innovation and entrepreneurship. At Nazarbayev University in Kazakhstan, students will be uniquely situated at the core of Eurasia where the Belt and Road Initiative was launched five years ago. Each module will last between four and eleven days, officials told Poets&Quants for Execs.
“The students will gain ‘cultural’ knowledge of Eurasian countries and how to do business there, gain an understanding of the latest regional trends in various industries, and learn to implement leadership and team building skills,” explained a written statement from the joint program’s press office.
In all, the curriculum covers the standard management fundamentals such as corporate finance, accounting, and negotiations in addition to several topics specific to the Eurasian region such as doing business in Russia and CIS, doing business in China and Asia, and cultural intelligence for business. The teaching staff features professors who hail from IMD, INSEAD, Cambridge University, University of Berkeley, and more.
LEVERAGING THE STRENGTHS OF HKUST
HKUST is no stranger to the EMBA space and delivering top-notch programs. Another joint program by the school, in partnership with the Kellogg School of Management, has topped the Financial Times ranking of the world’s best EMBA options on eight different occasions. In contrast, the Moscow School of Management — formed just a little more than a decade ago — launched its MBA and Executive MBA offerings for the first time in 2009. According to a press release, HKUST’s business school entered a strategic partnership agreement with SKOLKOVO last year, offering academic support for the global development of the school. EMBA for Eurasia is the first formal offering.
Associate Dean of HKUST Business School, Steven DeKrey, who is also chairman of the International Academic Council at the Moscow School of Management SKOLKOVO, said in the release, “The program will leverage on the strengths and experience of HKUST by placing students at the cutting-edge of knowledge, underpinned by Eurasia, Innovation and Leadership, to prepare them to undertake a transformational journey.”
Tuition for the new Eurasia EMBA is $130,000 and includes the program’s 14 modules in Russia, Hong Kong/China, U.S., Israel, Switzerland, Kazakhstan, and Armenia, accommodations in Russia and Hong Kong, plus a complete set of study materials and mentorship for students’ capstone project. Sessions will be taught in English and to get in, applicants must have a bachelor’s degree from a recognized school, at least six years of managerial experience, and proof of proficiency in English. At the completion of the program, students receive two degrees from HKUST Business School and the Moscow School of Management. The first incoming class begins this November.