Addresses MBA students aspiring coffee in the place that was once the Office of another senior leader of East Germany, or the sharpening of their skills in making profits in the lecture hall are still decorated with the hammer and sickle. If it is a paradox of history is made by famous business schools, the European College of Management and Technology, which is based in the building of the former National Council in Berlin, will be the undisputed months.
In the ranks of students who aspire to obtain a Master of Business Administration, The name of the college to a large extent on the number of students who can luring, which leads us to a vicious circle: if the number of applicants for admission to the college reflects the reputation, but this in turn reflects the number of applicants, How can a new kidney or the European College of Management and Technology hope to entrench itself?
It was the European College of Management and Technology is aware of this contradiction when it was founded in 2002 to the transfer of skills such as management of German technology, engineering machinery and complex project management and leadership for the variety of class students who constitute the Germans are today 10 per cent only.
The College was the brainchild of German 25 companies have a lot of money I was concerned about the recruitment and training in the light of the position of Germany late in the race in the area of business schools.Has reached the generosity of those companies that boasted College to reach the size of the grant, which provided a 93 million euros at the end of 2009, which is the amount of generosity in the wake of the global crisis, and more than twice the size of the grant made to its rival, the College is Otto Baishem management by $ 42 million euros.
Says Michael Dickman, CEO of German Oleinz Insurance and Chairman of the Board of Trustees of the College:''The European College of Management and Technology on the path to successful expansion several years ago''.
Has provided the founders who is leaving the teaching curriculum of the device, which has independent amount of 70 million euros in the form of additional funding in 2009 and 2010 to support its expansion. It seems that they are satisfied with the overall capacity to produce leaders of companies well-trained 91 per cent of graduates get jobs within three months, often working with famous companies.
And represents one of the options to make this college excels at the London School of Business and Insead in France, Singapore and Abu Dhabi, which Namta contracts from the growing popularity and the number of applicants to join them in making it part of the University of the list. But the founders of the College, including Oleinz companies, and Daimler, and Siemens chose to be a college is a private and independent.
Says Dean, Lars-Hendrik Roller in this regard:''The drawback was that we did not achieve any fame, which he can achieve if we Anazavina under the shadow of the University of entrenched respected. But as the project did not knock him one before, were not to have any theories of management, which was great''.
When he took over the Deanship of the College in 2006, Mr. Roller is believed to be able to enter the virtuous circle of development in the college's reputation and increase the number of applicants for admission through the establishment of the College to use the features a lot of money and administrative freedom to contract with the best teaching device.
The bet on a good teaching device that will attract more applications for enrollment and begin making a name for the college.
If we put aside the old administrative wing, the college facilities were amazing. She spent four years in college and spent 35 million euros of initial funding of one hundred million euros renovating the main building.
During the four years, has grown in numbers of teaching device of three members to the 31-member full-time, came almost four fifths of them from outside Germany, many of whom came from institutions with great fame.This has allowed the college expanded its portfolio of executive education, an area focused upon from 2002 to 2006, to include the Executive MBA for working professionals and a Master of Business Administration for one year of full-time students.
While a number of participants in executive education program at around two thousand schools a year, the number enrolled in the program to obtain a Master of Business Administration with one year of 26 people last year to 40 people in the month of January (January) next year. And not the European College of Management and Technology ambitious in the near future to match the number of MBA students who receive them Insead year and one thousand students.
Says Nick Barnevel, director of MBA programs at the college the European Management and Technology, in this context:''I expect to grow to reach the number of students of MBA program with one year to 60 students and stay at that figure, as we grow in quality by increasing the selectivity. We want to remain a small college to get to the level of elite colleges''.
Colleges currently receive for each seat in the one-year program of four requests come mainly from Germany and Central and Eastern Europe and Asia. As the college, which occupies the first rank boast that the rate of applications to admission is 10-1, is still in front of the European College of Management and Technology a lot of work to be done. But it began to appear in all international rankings task, he says Barnevel. Has been entered for the first time in this year's ratings''Financial Times''open to teach executives and was ranked 21.
It seems so far that bet Mr. Roller is starting to bear fruit, particularly with respect to corporate organization.These companies have increased the size of the grant provided by the college $ 50 million euros.
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