2010 Executive MBA Kevin Tai Director, American Express Exchanging experiences with senior executives. Sharing of ideas by international faculty. He’s bringing out his best at SIM. www.sim.edu.sg/ge “Working as a team, learning and appreciating each individual’s strengths and weakness, SIM has taught me how best I can value-add and push myself to excel at a higher level. It’s about how to work well with people and getting to know the professors from overseas as they impart their experiences, knowledge and skills.” Gillian Tan General Manager Huhtamaki Singapore Pte Ltd Taking Successful Careers to the Next Level 01 University at Buffalo, The State University of New York 03 UB School of Management 06 UB’s EMBA – Developing Today’s Business Leaders 09 The EMBA Program 11 The EMBA Faculty 12 Program Curriculum 14 Program Structure 15 Course Descriptions 16 Admissions 18 Fees 20 Enrollment 21 About SIM 22 Why Study at SIM? 24 SIM Membership 25 SIM UB EMBA 1 Taking Successful Careers to the Next Level In today’s fast-paced, dynamic business landscape, what separates an outstanding manager from a merely good one? A top executive is one who is able to lead a team and communicate effectively with other managers to resolve complex problems across disciplines and achieve desired results. The Executive Master of Business Administration (EMBA) program, offered by University at Buffalo (UB), The State University of New York in conjunction with the Singapore Institute of Management (SIM), is a powerful tool designed to boost the capabilities of highpotential executives who wish to earn an MBA while continuing to work full time. For experienced professionals seeking to optimize their qualifications and skill sets, the EMBA is the ideal platform for propelling careers to the next level. 2 SIM UB EMBA Anoop Kumar Dwivedi, Business Development Manager HP Business Intelligence Solutions Asia Pacific & Japan Class of 2005 SIM UB EMBA 3 University at Buffalo, The State University of New York Founded in 1846, the University at Buffalo (UB), The State University of New York (SUNY) is one of the leading public universities in the northeastern U.S. Within the 64-campus SUNY system, UB is the flagship campus. As the largest and most comprehensive university center, UB offers more than 300 undergraduate and graduate programs— the most in any SUNY campus—and has an enrollment of more than 28,000 students. Notably, UB is the only public member in New York and New England of the prestigious 62-member Association of American Universities (AAU). This places UB among top-ranked, research-intensive U.S. public universities, including Harvard, Yale, Stanford, the University of California at Berkeley and Cornell. UB is reputed for its outstanding faculty. Among its approximately 4,000 full-time and affiliated faculty, 95 percent hold a doctorate or equivalent. UB faculty have been the recipients of numerous prestigious national and international awards including the Nobel Prize, the National Medal of Science and the Pulitzer as well as MacArthur, Guggenheim and Rockefeller Foundation grants. Along with these accomplishments, UB faculty are at home in the classroom. SUNY has recognized more distinguished professors and distinguished teaching professors at UB than at any other SUNY unit. More than 150 of UB’s faculty have received the Chancellor’s Award for Excellence in Teaching—again, the largest representation of any unit in the SUNY system. UB is ranked among the top 50 U.S. public and private research universities according to an authoritative 2001 report published by the University of Florida. The university ranks among the top three in America’s public research universities in terms of total research dollars, with total research expenditures of more than $240 million (U.S.) in fiscal year 2003. The first cancer research center in the world was established at UB in 1898—today there are more than 90 organized research centers and institutes at UB, including the Center for Computational Research; the Great Lakes Program; the Institute for Local Government and Regional Growth; the National Center for Geographic Information and Analysis; the Institute for Lasers, Photonics and Biophotonics; the Electronic Poetry Center; the Multidisciplinary Center for Earthquake Engineering Research; the Center of Excellence for Document Analysis and Recognition; and the New York Center of Excellence in Bioinformatics and Life Sciences. UB also has numerous joint research partnerships with Roswell Park Cancer Institute and HauptmanWoodward Medical Research Institute. 4 SIM UB EMBA UNIVERSITY AT BUFFALO, THE STATE UNIVERSITY OF NEW YORK In terms of international education, UB is a model institution, ranking No. 12* among the top 25 campuses hosting international students in the U.S. It enrolls more than 4,300 international students from 111 countries, 70 percent of whom are from Asia. The Singapore Institute of Management (SIM) and UB have an excellent and long-standing relationship. In partnership with SIM, the UB School of Management established the first U.S.accredited Executive Master of Business Administration (EMBA) program in Singapore in March 1996. The collaboration was further extended to include selected undergraduate degree programs in Singapore, starting with the Bachelor of Science in Business Administration (with concentrations in International Business and Marketing) in June 2004. The Bachelor of Arts in Communication followed in May 2005 and a new concentration in Financial Analysis was made available in the Business Administration program in May 2006. In May 2007, the Bachelor of Arts in Psychology, Double Degree in Business Administration and Psychology, and Double Major in Communication and Psychology were introduced. In May 2009, the Bachelor of Arts in Sociology was introduced. Accreditations UB is accredited by the following associations: • Middle States Commission on Higher Education • New York State Board of Regents In addition, the School of Management is accredited by AACSB International – The Association to Advance Collegiate Schools of Business (AACSB). Membership UB is a member of the following associations: • American Council on Education (ACE) • Association of American Colleges and Universities (AACU) • Association of American Universities (AAU) • Association of Colleges and Universities of the State of New York • National Association of State Universities and Land-Grant Colleges (NASULGC) * “Open Doors 2008” report publised by the Institute of International Education (IIE). SIM UB EMBA 5 “Our courses cover the basic tools a manager needs, the major functional areas of management, and also provide the broad perspective and skills required by senior managers in any organization.” Professor Philip Perry Associate Dean, International Programs at School of Management University at Buffalo 6 SIM UB EMBA Since awarding its first degree in 1927, the School of Management has built an impressive reputation as one of the best schools of business in the world. The comprehensive range of its academic portfolio, the expertise of its faculty and the worldwide success of its graduates are the UB School of Management primary reasons for the school’s acclaim. The School of Management currently has an enrollment of more than 3,200 undergraduate, MBA, master’s and doctoral students at campuses in Buffalo, Singapore and Beijing, China. Approximately 1,000 participants attend business-training programs each year at the School’s Center for Executive Development. Its network of 29,000 alumni includes business people in leadership positions all over the world. All academic programs offered by the School of Management are accredited by the prestigious AACSB International, and the School’s MBA, undergraduate and doctoral programs are currently ranked as among the best in the nation by The Wall Street Journal, U.S. News & World Report and the Gourman Report. Domestically, the school offers a fulltime MBA program, an Executive MBA program and a Professional (part-time) MBA program, several master’s programs as well as an undergraduate business administration program and a doctoral business program. The faculty of the School of Management includes scholars renowned in their fields, six of whom have received the SUNY Chancellor’s Award for Excellence in Teaching. International Programs UB’s School of Management is recognized worldwide for innovation in international management education. Its programs help meet the University’s goal of developing business leaders who can manage people and resources in a global marketplace. In 1984, UB was selected to design and implement the first MBA program jointly sponsored by the governments of the U.S. and the People’s Republic of China. More than 200 Chinese managers have earned this MBA degree and are now in upperlevel executive positions throughout Chinese enterprises and government. As alumni, they continue to interact with the school today. Governments of economically emerging countries, such as Hungary, Latvia and Indonesia, have also recognized and called upon UB’s expertise and experience in international management. In 1999, the School of Management launched a new Executive MBA program in collaboration with the School of Business of Renmin University in Beijing, one of China’s top ranked business schools. Participants in the China Executive MBA program include senior managers from major U.S. and European multinational firms and leading Chinese enterprises. Multinational corporations (MNCs) frequently engage faculty from UB to design and teach their overseas training programs. In 1999, the school was selected by Motorola University to establish a new Executive MBA for the China telecommunications sector. SIM UB EMBA 7 AACSB Accreditation • Accreditation by AACSB International is considered to be the hallmark of management education. Only 529 of the more than 8,000 business schools in the world are accredited by the AACSB International. • The School of Management’s undergraduate program was accredited in 1930, and the MBA program in 1972. • AACSB International created separate accreditation standards for accounting programs in 1980. The School earned accreditation of its accounting program in its first attempt in 1985 and is one of only 169 programs in the U.S. to earn this distinction. Since gaining their initial accreditation, all of the programs in the School of Management have been continuously accredited by AACSB. “HP has sponsored a total of nine staff for the EMBA program to-date. HP’s changing business needs demand a dynamic, flexible workforce to enable us to maintain our competitive edge and leading position in the industry. UB’s EMBA program has enhanced our employees’ working capabilities and accelerated their development in both the technical and general management paths.” Tan Yen Yen Managing Director HP Singapore 8 SIM UB EMBA “I like the composition of the class. I get to work with students from countries other than Singapore. They provide me the global setting within which a manager in the 21st century must work. They come from widely divergent education backgrounds and represent widely different industries. Best of all, the executives in my courses have one dream: To better equip themselves so that they may enchance shareholder value and produce better results for their organization.” Arun K. Jain Samuel P. Capen Professor of Marketing Research Professor, Department of Marketing University at Buffalo SIM UB EMBA 9 UB’s EMBA – Developing Today’s Business Leaders Earn a Prestigious American Degree Why settle for second best? In terms of international education, UB ranks No. 12* among the top 25 campuses hosting international students in the U.S. Since its establishment in 1927, the UB School of Management has built an impressive reputation as one of the best business schools in the world. UB is particularly renowned for its exemplary faculty, many of whom are recipients of esteemed national and international awards. Within SUNY, more than 150 of UB’s faculty have received the Chancellor’s Award for Excellence in Teaching. These are the faculty with whom you will interact face-to-face, share experiences with and learn first-hand from. Springboard Your Career into Senior Management We understand your ultimate goal. Unlike most other MBA programs, the UB EMBA is specifically tailored to help you ascend and succeed in senior management positions. The unique Strategic Leadership Development (SLD) sequence is a series of three leadership courses that will heighten your leadership skills and core management disciplines for career advancement. A significant proportion of our students have successfully advanced in their careers, some almost immediately after graduation. Learn Alongside the Best The admissions criteria for the EMBA program are stringent and exacting. Here, your classmates will not be fresh, inexperienced graduates, but highly qualified, extremely talented individuals destined for top management positions. The classroom is a ready network of high caliber business contacts – a wealth of experience and knowledge ready to be tapped into and shared. Class members progress through the entire program as a high performance, cross-functional team. You will learn to recognize and optimize the strengths within a team, as well as develop powerful relationships with each other. Since 1996, the SIM UB EMBA has graduated more than 320 senior-level managers and executives. Gain Real-World Knowledge What is knowledge if you can’t apply it? The EMBA curriculum combines solid theory and real-world cases. It offers an understanding of the issues affecting competition in the global marketplace today, with immediate, practical applications on your day-to-day challenges on the job. Coupled with teamlearning from your fellow participants, you will be equipped to manage work teams and handle any kind of business problem. Plan Your Own Study Track We know you are a busy executive and time is precious. The EMBA program was carefully designed for experienced executives with top management potential who wish to further their studies without career interruption. Excellent Rankings For seven consecutive years (2001 – 2007), The Wall Street Journal has ranked the UB School of Management as one of the world’s best business schools. In addition, UB MBAs have been lauded for their team skills and leadership potential. The UB School of Management was ranked as one of US’s top 5 business schools for the fastest return on MBA investment by Business Week. Forbes magazine ranks the UB School of Management as one of the best business schools in the world for “return on investment.” 2009 EMBA Class Profile Gender Female Male 35% 65% Age 29 and below 30 – 39 40 – 49 50 and above 0% 45% 50% 5% Profession Accounting/finance Business development Engineering Human Resource IT/MIS Operations Production Quality assurance/management Sales/marketing 20% 5% 5% 5% 10% 15% 5% 15% 20% Work Experience 5 – 10 years 11 – 15 years 16 – 20 years 21 years and above 20% 25% 30% 25% * “Open Doors 2008” report published by the Institute of International Education (IIE). 10 SIM UB EMBA “The UB EMBA not only offers a distinguished degree, but also an invaluable learning experience. Taught fully by a US faculty, the academic rigour, professionalism, and applicability of the program is commendable. Not only has the program equipped me to better take on more challenging responsibilities at work, it has also rewarded me with many firm friends.” Chow Qian Yao Vice President Singapore Exchange Limited Class of 2008, Overall Top Student SIM UB EMBA 11 The EMBA Program The EMBA program was specifically designed to help you develop essential skills for managing and working in teams. Through relevant, real-world case studies reinforced by established theoretical concepts, participants are equipped with competencies to recognize and solve problems found in today’s dynamic work environment. The program goes well beyond basic knowledge, focusing on application of theories and skills, particularly in the core areas of finance, marketing, human resources and information technology. Learning Objectives The EMBA curriculum offers in-depth training and hands-on experience in complex team-management skills. It aims to produce superior analysts and problem solvers, excellent team players and effective communicators. In contrast to traditional MBA programs, the EMBA places greater emphasis on the proficiencies needed for ascension into senior management positions. If you are a mid-career manager, the EMBA is the ideal platform for propelling you further in your profession by providing: • Practical knowledge of the latest management decision-making techniques • A thorough understanding of the key functional areas of business • Opportunities to acquire and refine leadership and executive problemsolving skills • Superior instruction by a highly qualified, experienced faculty The EMBA curriculum covers the same material as UB’s regular MBA program, but with added focus on: • The cross-disciplinary integration of subjects, such as the key linkages between accounting, finance, decision methods, marketing, information systems and human resources • The development of essential leadership and teambuilding skills • An understanding of international business and the implications of a rapidly evolving global economy Benefits to Students • Earn an MBA without career interruption • Interact with fellow students from diverse backgrounds and with significant management experience • Participate in team study groups to strengthen interactive leadership skills • Develop efficient and effective processes that can be directly applied to work situations • Interact with the faculty of one of the premier business schools in the U.S. • See problems from new perspectives and learn to formulate creative solutions • Learn sophisticated analytical tools and effective implementation methods Benefits to Organizations • Allows organizations to invest in managerial capital • Provides an immediate return on investment with on-the-job application of knowledge • Offers a cost-effective incentive to reward and retain superior middle and upper-level managers • Exponentially expands network of business contacts through participants • Enhances participants’ contribution to the organization through a thorough understanding of different functional activities and broader organizational perspective 12 SIM UB EMBA The EMBA Faculty All EMBA classes are taught by senior faculty members from the School of Management with outstanding teaching, research and private industry experience. The School of Management has 66 full-time faculty, including five chaired professorships and 35 professional staff members. The faculty produces internationally acclaimed research and publications, while conducting effective teaching and community outreach programs. In addition, our faculty members train and advise practicing managers through continuing education and consulting for government and private industry. Through this interaction with community and business leaders, they gain valuable insight into the problems, needs and trends of today’s business environment. UB faculty publishes in leading academic and professional journals in record numbers. Their research and expertise has been the basis for articles in The Wall Street Journal, The New York Times, Money, BusinessWeek, Fortune and other national and international publications. SIM UB EMBA 13 “You will find that the faculty have a special commitment to the Singapore EMBA program. We are building a long-term relationship with our students and Singapore.” Brian E. Becker Senior Associate Dean Professor, Department of Organization and Human Resources University at Buffalo Brian E. Becker Senior Associate Dean Professor, Department of Organization and Human Resources, University at Buffalo, The State University of New York Ph.D., University of Wisconsin M.S., Sangamon State University B.A., Sangamon State University Feng Gu Assistant Professor, Department of Accounting and Law, University at Buffalo, The State University of New York Ph.D. (Business AdministrationAccounting), Washington University M.A. (Economics), Washington University B.A. (Economics), Beijing University Michelle C. Bligh Assistant Professor of Organizational Behavior, School of Behavioral and Organizational Sciences, Claremont Graduate University Ph.D., University at Buffalo, The State University of New York M.S., University at Buffalo, The State University of New York B.A., Pamona College John M. Hannon Associate Professor, Department of Organization and Human Resources, University at Buffalo, The State University of New York Ph.D., Cornell University M.B.A., University at Buffalo, The State University of New York B.S., Clarkson University John C. G. Boot Professor, Department of Management Science and Systems, University at Buffalo, The State University of New York Ph.D., Netherland School of Economics Susan Stites-Doe Dean, Graduate Studies and Special Programs, SUNY College at Brockport Ph.D., University at Buffalo, The State University of New York M.B.A., Pace University B.S., State University of New York at Plattsburg Isaac Ehrlich Melvin H. Baker Professor of American Enterprise SUNY Distinguished Professor and Chair of Economics, Department of Finance and Managerial Economics, University at Buffalo, The State University of New York Ph.D., Columbia University B.A., Hebrew University of Jerusalem Arun K. Jain Samuel P. Capen Professor of Marketing Research Professor, Department of Marketing, University at Buffalo, The State University of New York Ph.D., University of Pennsylvania M.B.A., University of California, Berkeley GICAME, Stanford University M.Comm., University of Allahabad (India) B.Comm., University of Allahabad (India) Lewis Mandell Senior Fellow, Aspen Insititue, Initiative on Financial Security, Kermit O Hanson Visiting Professor of Finance and Business Economics, Foster School of Business, University of Washington Ph.D., University of Texas M.A., Northwestern University B.A., City College of New York Diane Parente Professor of Management, School of Management, Penn State – Erie Ph.D., University at Buffalo, The State University of New York M.B.A., Canisius College B.A., Wilson College Philip R. Perry Associate Professor, Department of Finance and Managerial Economics Associate Dean, International Programs, University at Buffalo, The State University of New York Ph.D., University of California, Berkeley M.B.A., University of California, Berkeley M.S., California Institute of Technology B.S., Cornell University Ramaswamy Ramesh Chair and Professor, Department of Management Science and Systems, University at Buffalo, The State University of New York Ph.D., University at Buffalo, The State University of New York M.Tech., Indian Institute of Technology, Madras B.Tech., Indian Institute of Technology, Madras Natalie C. Simpson Academic Director, Digital Access Education Associate Professor, Department of Management Science and Systems, University at Buffalo, The State University of New York Ph.D., University of Florida M.B.A., University of Florida B.F.A., North Carolina School of the Arts Nallan C. Suresh Chair and Professor, Department of Operations Management and Strategy, University at Buffalo, The State University of New York Ph.D., University of Cincinnati M.B.A., McMaster University (Canada) B.Tech., Indian Institute of Technology John M. Thomas Professor, Department of Operations Management and Strategy, University at Buffalo, The State University of New York Ph.D., Massachusetts Institute of Technology JD, University at Buffalo B.S., Yale University 14 SIM UB EMBA Program Curriculum “The EMBA is the capstone program for senior level business professionals. The SIM-UB EMBA really outperforms other such programs. It provides a platform for the dynamic exchange of experiences and ideas by professionals through courses that integrate industry best practices.” Jacqueline Picart Sanichara Strategy & Planning, Channel Operations Hewlett-Packard Asia Pacific Pte Ltd Class of 2006 As an EMBA student, you are required to take 16 core courses, including a project course that is integrated with the core course on Strategic Management. Core courses cover materials that can be used by managers of all functions to solve day-to-day problems and manage long-term strategic issues. Complex but realistic problems are explored through the use of cases, computer software, simulations and team discussions. Relevant advanced theories may be assigned as background readings. All courses emphasize verbal and written communication, including graphics and multimedia presentations. Global and ethical perspectives are included throughout the curriculum. Whenever possible, assignments are related directly to your actual work. This enables you to make immediate, substantive contributions to your employer while enhancing your own performance in the EMBA program. A key unique feature of the EMBA is the incorporation of the Strategic Leadership Development (SLD) sequence within the program. The SLD is a trio of leadershiporiented course modules that centers on integrating the essential skills and disciplinary knowledge required for success in senior level management. Designed in collaboration with the School of Management Center for International Leadership, the SLD sequence focuses on determining overall strategic direction (strategy formulation) and creating organizational arrangements to pursue it (strategy implementation). The SLD courses are capstone modules that are delivered as a final component of the EMBA program. They comprise: • Strategic Management: This two-module course consists of Strategic Management I and Strategic Management II: The EMBA Project. It aims to help you develop the cognitive and analytic skills to exploit market opportunities and set the overall strategic direction of your organization. • Motivation and Leadership: This course focuses on the development of leadership competencies associated with organizational change and development efforts aligned to vision and strategy. It aims to help strategic leaders execute strategy within the context of a vision for the future. • Theory and Practice of Negotiations: This course focuses on how to effectively manage both informal and formal relationships with colleagues, superiors, customers, and suppliers, in order to create value and advance your interests in those relationships. SIM UB EMBA 15 Program Structure Each EMBA class progresses in cohort fashion through the program. Class time for almost all courses is compressed into two-week modules scheduled over a two-year period. You are expected to complete significant work outside the classroom—formal studygroup time is necessary to facilitate this work. Learning is supported with textbooks, notes, access to UB’s online resources, SIM’s library and electronic information databases and ongoing virtual communication with the faculty. The accredited EMBA degree requires completion of a total of 16 courses (48 credit hours) with a minimum overall grade point average of 3.0, where “A” = 4.0; “B” = 3.0; “C” = 2.0; “D” = 1.0; and “F” = 0.0 is a failing grade. Year I Behavioral and Organizational Concepts for Management Economics for Managers Marketing Management Introduction to Management Science Models Technology Management and E-Business Probability and Statistics for Managers Human Resource Management Financial Analysis and Reporting Year II Financial Management Global Economy and the Business Firm Operations and Service Management Theory and Practice of Negotiations Strategic Management I Motivation and Leadership International Business Environment Strategic Management II: The EMBA Project Course Sequence and Schedule The EMBA course sequence is listed as above. The sequence may change at the School’s discretion, depending on faculty availability. Intensive two-week modules are held for almost all courses. Typical Module Week I & II: Monday, Tuesday and Wednesday from 6.30 p.m. to 10 p.m.; Saturday from 9 a.m. to 5 p.m. “The UB EMBA gave me an excellent opportunity to learn the latest theories and more classical ones across other fields of expertise and provided a platform in which to network with senior professionals from different industries. More so, I see this program as a major contributor to my career path. The flexible program also allows me to balance work, family and study commitments nicely.” Per Arild Key Account Manager Regional Management Heidelberg Asia Pte Ltd Class of 2003 16 SIM UB EMBA Course Descriptions “I never thought that this EMBA would help to elevate my career so quickly. It certainly gave me an advantage over other candidates as it complemented my technical background, past experience and interest in business. It was pertinent to my recent job promotion.” Regien De Bleecker Senior Director, Procurement China Operations TPO Displays Class of 2004 Behavioral and Organizational Concepts for Management Provides experienced managers with the opportunity to further develop their skills in organizing and managing people. A range of contemporary issues and topics are covered, including organizational learning, team building, participative management, transformational leadership, diversity management, conflict management, innovation in entrepreneurial programs, network organizations, organizational change and reengineering. Learning occurs through a variety of highly interactive activities, such as case discussions, critical incidents, role playing, video presentations, problem solving teams, self-assessments and the sharing of personal experiences. Economics for Managers Covers the applications of economic analysis to companies and industries. Examines the following topics: the behavior of the firm’s product and labor markets; the consequences of business, regulatory and tax policies; industry pricing; research and development strategies; transfer pricing; the effects of vertical and horizontal integration; leveraged buyouts; and principal-agent problems. Marketing Management Centers on the marketing concept and its impact on the strategic decision-making process of the firm. Emphasizes planning and managing the marketing activities of multi-product firms and provides an understanding of the fundamental issues that influence marketing decisions. The specifics of implementing a marketing plan (product, price, promotion and distribution strategy) are discussed, using management cases, computer simulations and hands-on experimental exercises. Introduction Management Science Models The first segment of this course introduces commonly used software, including spreadsheets, graphicspresentation programs and (to a lesser degree) word processing and databases. It illustrates the use of microcomputing technology in the modeling of specific business problems. The models developed will then be used to make decisions with technologies, such as sensitivity analyses and “whatif” analyses. Finally, the decisions will be integrated into a report with the aid of professional graphics-presentation software. The second course segment introduces the more widely used models of management science. Emphasis is on analysis, computer solutions, interpretation and implementation of management decision problems. You are required to tackle one of your organization’s real problems using this approach. You will work closely with the instructor in the analysis and solution of the problem. Technology Management and E-Business Focuses on technology management and developing an Internet-based business or extension to an existing business. The course will integrate concepts from economics, organizational strategy, entrepreneurship and web design. Topics to be covered in the course include aligning technology and strategy; models of diffusion and innovation; SIM UB EMBA 17 characteristics of information and digital goods; identifying potential webapplications and information products for solving a problem and/or identifying a business opportunity; intellectual property rights; pricing issues related to information goods; developing a business plan for a venture capital proposal; launching the e-business; designing web-based applications for usability; and strategies for successfully implementing systems. Probability and Statistics for Managers Concepts of probability and various statistical methods are taught with the assistance of software packages. Emphasis is on data analysis, the interpretation of the analytical results and the impact of these estimates on management decisions. Applications of statistical techniques to forecasting will be emphasized. Human Resource Management Examines human resource management (HRM) from a strategic perspective, emphasizing the contribution of human resource decisions to the development of a high-performance organization. HRM is treated as a dynamic system that can help organizations cope more quickly and effectively with a constantly changing environment. The course features topics that confront functional managers, such as reward systems, performance management and the selection and retention of high-performance employees. Emphasis is on the identification, evaluation and solution of specific problems facing managers with these responsibilities. The course is heavily dependent on formal case studies and the experience of participating managers. Financial Analysis and Reporting While the financial module introduces accounting from a manager’s perspective, the primary emphasis is on financial accounting from a user’s perspective, especially financial statement analysis. The basic vocabulary of financial and managerial accounting is presented. The concept of the time value of money is covered in the course, and corporate taxation, including tax strategy, is also explored. The bookkeeping function is de-emphasized. The managerial module integrates recent changes in the implementation of cost management systems. Topics include alternate cost systems, the cost of distribution and administrative systems, planning and budgeting, performance measurement and control systems. The course will make extensive use of cases and outside readings. Financial Management Covers the theory and practice of corporate financial management. Specific topics covered include capital budgeting, the relationship between risk and return, financial structure policy, dividend policy, economic value added, working capital management and aspects of international financial management. Cases are used to illustrate real-world applications. In addition, there is a group project that focuses on the analysis of a specific company’s capital budgeting system, including making recommendations for improvements. Global Economy and the Business Firm Introduces the basic concepts, analytical tools, assumptions, and inferences concerning the macro and global environments of business activity, and government policies affecting them. Operations and Service Management Emphasizes solutions to problems inherent in managing operations and services. Topics include operations strategy, operations process planning and control, operations technology, facility planning and layout, inventory planning and control and related subjects. Cases provide an opportunity to apply key concepts in both manufacturing and service industries. The implementation of total quality management is stressed. Theory and Practice of Negotiations Introduces analytical concepts necessary for effective negotiations. Emphasizes the negotiation and bargaining skills required by general managers. Classroom lectures are supplemented by experiential exercises. Strategic Management I Cases and readings from practice-oriented journals illustrate how firms can use an analysis of the competitive environment and internal strengths to formulate strategies that provide a competitive edge. The course examines strategic planning and the implementation of plans and controls in the context of modern concepts, such as rightsizing, core competencies, reengineering, joint ventures and divestitures. Motivation and Leadership The execution of strategy depends on the commitment of many people to change the present and create the future, within the context of a compelling vision. This course reviews various leadership concepts and processes, with an eye toward identifying the fundamental skills and core competencies that enable visionary leadership to occur. It is designed to help you gain some systematic insight into your own strengths and developmental needs as visionary leaders, and what to do about them. International Business Environment Focuses on managing in the competitive global economy. Studies and analyzes the major issues in conducting business in diverse cultures, economies and political systems. Provides practical perspectives and the skills required to manage international operations, an assessment of why and how to enter international markets and an understanding of successful competitive strategies. In addition, the course focuses on the impact of these topics on various types of international business transactions, production agreements, counter trade, joint ventures and strategic alliances. Strategic Management II: The EMBA Project The objective is to apply the planning process learned in Strategic Management I in a significant project that integrates both functional and industry knowledge. Typically, this project will involve a special interest of yours that is the business unit or functional department where you are employed. As a “capstone” project, you are expected to demonstrate competence in application of the tools and techniques of the EMBA as well as the ability to understand and implement effective management practices. 18 SIM UB EMBA Admissions Selection Requirements Prospective students should complete and submit the enclosed EMBA application to SIM. An interview by the EMBA program director and/or program faculty may also be required as part of the admission process. Applicants not meeting the formal academic requirements will be considered on a case by case basis. While not a formal admission requirement, basic proficiency in using a personal computer, including the use of spreadsheet, word processing software and e-mail contact, is important for the successful completion of the program. At the discretion of UB, applicants may be required to provide results of the Graduate Management Admissions Test (GMAT) and/or Test of English as a Foreign Language (TOEFL). As a guide, the typical EMBA student possesses: • At least five years of management or professional experience • A strong undergraduate degree or an equivalent qualification from a recognized institution • The potential to contribute to the success of classmates • A high level of motivation • Good communication skills in both written and spoken English The application deadline is the first Friday of January of each year. Admission is in March of each year. Admission decisions will be made solely by UB. Award of Degree To graduate with an EMBA, you must successfully complete all class requirements, including but not limited to: • Regular class attendance • Completion of all coursework (assignments, group projects and examinations) with acceptable grades • Attendance at EMBA group meetings and class functions Students who successfully complete all the requirements of the program will be awarded the Master of Business Administration (MBA) degree by University at Buffalo, The State University of New York. SIM UB EMBA 19 “The EMBA makes you think about situations from different angles. It allows you to approach issues in a more holistic way and helps a person in top management to be better informed. The EMBA has added value to my current skill set and I believe it has contributed to my advancement within TNT.” Michael Drake Regional Managing Director TNT North Asia Class of 2004 20 SIM UB EMBA Fees How to Apply By the application closing date, you must have attained the minimum qualification required to apply for admission to the program. You must also submit the completed application form and certified true copies of all qualifications and supporting documents to this address: Admissions Department Singapore Institute of Management SIM Headquarters, 461 Clementi Road Singapore 599491 You can pay at the Payment Counters located at Student Recruitment & Payment Office. Alternatively, checks/bank drafts should be crossed and made payable to “Singapore Institute of Management” with your name, personal identification or passport number and programme title indicated on the back of the check. It should not be post dated. incomplete information and those not accompanied by copies of supporting documents, photographs and application fee will not be considered. All fees and documents submitted with the application form will not be returned to unsuccessful applicants. Study Loans Course Fee The fee for the class enrolling in 2010 is S$54,570 (inclusive of 7 percent GST) payable in four installments. This fee covers all required texts and materials, the University’s registration fee, supervision, examinations, lecture costs and all courier charges for coursework submitted on schedule. Graduates of SIM’s bachelor’s degree programs will enjoy a 10% discount on the program fee. Modes of Payment All applicants will be informed in writing, by post regarding the outcome of their application. Verbal offers of admission will not be made or accepted. To confirm the acceptance of offer, successful applicants will have to make payment with all required document before the stipulated deadline. (A)Payment to Singapore Institute of Management The modes of payment available are cash, check, Nets, cash card, Visa/MasterCard and/or Cashier/Money/Postal order. We accept up to 4 different modes of payment combination. All payments are to be in Singapore dollars. Application Fee For check payment, the check must be crossed, and made payable to “Singapore Institute of Management”. It should not be post dated. Application fee (non-refundable) is S$64.20 (inclusive of 7 percent GST). All checks or bank drafts must be crossed and made payable to ‘Singapore Institute of Management.’ All applications with The modes of payment are check, cashier’s order or bank draft. Payments are to be in Singapore dollars. The check, cashier’s order or bank draft must be crossed, and made payable to “SIM Escrow”. It should not be post dated. For Nets payment, the daily limit is $2,000 or $3,000, depending on the bank and your personal limit. For credit card payment, the limit is subjected to your available balance at the point of payment. We accept Visa & MasterCard only. (B)Payment to Hong Kong and Shanghai Banking Corporation Limited [only applicable to Local Students who choose to participate in Escrow] Students may obtain study loans from these banks and institutions under a course financing scheme (subject to approval). All loan enquiries and applications are to be dealt with the banks and institutions directly. For more information, please call: Citibank Tel: 6225 5225 Website: www.citibank.com.sg/ educationloan Maybank Tel: 1800 629 2265 Website: www.maybank2u.com.sg NTUC Thrift & Loan Co-operative Limited Tel: 6534 7360 Website: www.ntucthrift.com.sg POSB Tel: 6333 0033 Website: www.posb.com.sg RHB Bank Berhad Tel: 1800 323 0100 Website: www.rhbbank.com.sg Interest-Free Installment Plans When you charge above S$500 to your Citibank or OCBC Visa/MasterCard, you can enjoy interest-free installments of six or 12 months. Terms and conditions apply. For more information, please call: Citibank Tel : 1800 2255 225 Website : www.citibank.com.sg/ educationloan OCBC Tel : 1800 3633 333 Website : www.ocbc.com.sg SIM UB EMBA 21 CaseTrust for Education We are proud to be certified under the CaseTrust for Education scheme. This scheme has been customised specifically by CASE for the education industry in Singapore. Aimed at enhancing the confidence of students and their parents in the quality of education in Singapore, the scheme highlights schools that possess the foundation for good quality student welfare and business practices. Enrollment As required by the scheme, SIM will enter into a student contract with our students. The student contract lays out the important terms and conditions governing the relationship between the student and SIM. We will honour all terms and conditions spelt out in the student contract and in all communication materials. Also a requirement of CaseTrust, we have in place a Student Protection Scheme (SPS). The SPS serves to protect the student’s fees in the event SIM is unable to continue operations due to insolvency, and/or regulatory closure. In addition, the SPS protects the student if SIM fails to pay penalties or return fees to the student arising from judgements made against it by the Singapore courts. This scheme is compulsory for international students. Local students can choose to take up SPS. Participation in the SPS involves an administrative fee or insurance premium, payable by students. The SPS scheme is available in 2 forms, a student tuition fees insurance by NTUC Income and an escrow account by Hong Kong and Shanghai Banking Corporation Limited (HSBC) bank. For more information on this scheme, please visit www1.sim.edu.sg/ casetrust.html Venue Classes will be held at SIM Management House, 41 Namly Avenue, Singapore 267616. Confidentiality Clause SIM is committed to maintaining the confidentiality of the student’s personal information and undertakes not to divulge any of the student’s personal information to any third party without the prior written consent of the student SUBJECT TO the obligation of SIM to disclose to any Singapore government authority any information relating to the student in compliance with the law and/or to the organisation conferring/awarding the qualification. Refund Policy for Withdrawals • Notification given more than 14 days before the Commencement Date Full refund of course and membership fees less S$100 administrative fee and GST • Notification given within 14 days before the Commencement Date OR within 7 days after the Commencement Date 75% refund of course fee. Full refund of membership fee • Notification given more than 7 days after the Commencement Date No refund of course and membership fees Transfer Policy (within courses run by SIM) • Notification given before Commencement Date Course fee paid, after deducting a S$100 administrative fee and GST, will be transferred to new course • Notification given within 30 days after the Commencement Date Course fee paid, after deducting a S$400 administrative fee, pro-rated lesson fee and GST, will be transferred to new course • Notification given more than 30 days after the Commencement Date No transfer/refund of fees Notes 1. All requests for refunds and transfers must be in writing with relevant supporting documentary proof. 2. Approvals for transfers are subject to meeting each individual course’s admission requirements. 3. Transferring to another institution is deemed as a withdrawal from SIM. 4. Refunds (if any) will be issued within 21 days of notification of withdrawal. 5. Application fee for courses is non-refundable. 6. Course and membership fees must be paid in full before course commencement date. 7. Students who withdraw from the course before the start of the course will receive a full refund of the insurance premium/escrow administrative fee paid, less a $26.75 administrative charge (inclusive of 7% GST). For withdrawals after the start of the course, any refund of insurance premium/escrow administrative fee will be decided on a case by case basis. 22 SIM UB EMBA Our Vision About SIM To be the Centre of Leadership and Management Excellence and the Embodiment of Lifelong Learning. Our Mission • Spearhead management thought leadership • Be the preferred strategic partner of corporations in maximizing return on human capital • Be the choice provider of continuing education to individuals • Transform SIM into a regional brand Our Core Values • • • • • Trust and Respect for the Individual Teamwork Open and Timely Communication Performance Excellence Spirit of Innovative Adventure Our Commitment We value our customers and commit ourselves to actively improve our services and products. Our Quality Policy We are dedicated to continuously improve our services and to consistently exceed the expectations of our customers. SIM UB EMBA 23 The Singapore Institute of Management (SIM Group) is the largest and most comprehensive solutions provider of higher education and professional training in Singapore. It was founded in 1964 as a membership society under the Economic Development Board and today, boasts over 29,000 corporate and individual members. As a membership society, SIM serves as an important nexus for members to network, exchange ideas and collaborate. The SIM Group offers its core services through three educational brands: SIM University (UniSIM) is the first privately-funded local university (on social mission) approved by the Ministry of Education to issue university degrees in a comprehensive range of disciplines. UniSIM focuses on the upgrading and learning needs of working professionals and adult learners. It adopts a flexible and practice-focused learning approach and offers more than 40 academic programs in various disciplines. Its current enrollment is close to 10,000 students. Since July 2008, UniSIM’s programs became even more accessible to adult learners as eligible Singaporeans and Permanent Residents taking UniSIM undergraduate programs enjoy a government subsidy of 40% and 20% of tuition fees. UniSIM has been a Singapore “Institution of a Public Character” (IPC) since September 2005. SIM Global Education offers highquality overseas degree programs through its partnerships with established international universities and institutions from the US, UK, Australia and Switzerland. Most of the students are fulltime students, both school leavers and working adults. Its enrollment stands at more than 18,000. SIM Professional Development programs train more than 14,000 professionals annually through its 800 seminars, workshops and conferences. Its in-company training and consultancy services help companies optimise effectiveness in various fields of management and human resource development. SIM. The one name you can trust for a smarter education. 24 SIM UB EMBA Why Study at SIM? Impressive Track Record You would be hard-pressed to find a better institute to pursue your educational aspirations with. With 45 years of history in running education programs, SIM is one of the most established and reputable institutions in the business. In 1993, we were the first educational and training institute in Asia to be awarded the PSB ISO 9002 certification for our management and delivery of programs and services. In 2003, we were awarded the Singapore Quality Class for Private Education Organizations in recognition of our business excellence. In 2005, SIM was awarded the CaseTrust for Education. This scheme highlights institutions that have the sound foundation for quality student welfare and business practices. Also in 2005, the Singapore Ministry of Education approved SIM’s proposal to launch SIM University – Singapore’s forth university and the only one dedicated to working adults. A Resource-rich Campus As a SIM student, you will enjoy excellent facilities at SIM’s four campus grounds – the main SIM Headquarters and SIM Clementi Centre at Clementi Road, the SIM Management House at Namly Avenue, and the SIM Global Education Campus @ Ulu Pandan. Sitting on 34,000 square meters of prime land, SIM Headquarters houses 38 lecture theatres, 42 tutorial rooms, two seminar rooms and 12 computer labs. This vast campus is the heart of all academic and student activities and has a capacity of up to 12,000 students. Complementing the facilities at SIM Headquarters are SIM Clementi Centre which houses the SIM University’s programs and; the SIM Management House which serves as the primary location for SIM’s membership activities and executive seminars. Specially designed with the student in mind, the SIM campus offers a conducive ambience for learning and interaction. A student lounge provides a relaxing gathering point where students can network and socialize. Easily accessible by bus and MRT, getting to and from campus is a breeze. Two specialist bookshops serve as convenient one-stop centers for all your academic resource needs. Besides publications, the bookshops also stock audio-visual materials and a sourcing service for hard-to-find items. When hunger pangs beckon, just head to any of the three cafeterias on campus and tuck in to a wide assortment of culinary delights, from Chinese and Muslim to Western and Japanese. Staying Connected Students and staff at SIM are connected to a wealth of information and online services via a campus-wide, high speed Gigabit Ethernet network, providing network access in all lecture theatres, tutorial and seminar rooms, computer labs, libraries and administrative offices. On campus, you will find PCs with ready access to the Internet, application software and services. Specialist Libraries A good library is the key to unlocking a wealth of information and knowledge. At SIM, you will enjoy access to not one, but two specialist libraries – the Tay Eng Soon Library at SIM Headquarters and Richard K M Eu Library at SIM Management House. At these libraries – two of Singapore’s largest designated management libraries – you will be able to browse the expansive collection of print, video, audio and online materials to find whatever you need. SIM MEMBERSHIP In the world of SIM, membership definitely carries with it a world of privileges. The SIM membership comprises more than 29,000 individual and corporate members forming a huge network with potential contacts, collaborations and sharing of knowledge and experience. Be it a corporate or individual membership, SIM Members gain: • Exclusive insights into the latest management thinking, trends and issues • Access to targeted industry intelligence • Networks to industry business leaders • Latest executive training for enhanced employability For membership enquiries, call 6248 9489 or email: membership@sim.edu.sg Important Condition for Applicants SIM being a membership organization, requires all students (part-time and full-time) who are pursuing qualification-based programs (doctoral, masters, degree, diploma or certificate programs) with us to be either a staff of our Corporate Member or our Individual Member (ie. Student, Associate or Ordinary). Knowledge. Networking. Possibilities. Open to you, with SIM Membership. SIM Student Membership Privileges • Access to SIM Management Libraries for books, journals, audio-visual and other resources • Access to online databases and journals • Access to management research reports and training videos • Access to SIM Members’ Hub, an online resource portal exclusively for members (Not applicable for staff of Corporate Members) • Eligibility to join SIM’s 12 Interest Groups, practiced communities where members network, share and learn, led by members, for members • Discounts at Membership talks and workshops on professional and career development • Discounts at SIM executive training programs • Discounts at bookshops at SIM • Discounts at Members’ Lounge at SIM Management House • Discounts at participating dining and shopping outlets in Singapore • Special one-year subscription of Today’s Manager magazine for only $20 (Normal subscription at $39 a year) (For Student Members only) • Monthly online newsletter e-inter@ctive (via e-mail) • Regular e-alerts on events and services (via e-mail) • Full waiver of 2 years’ annual fee for the SIM/DBS affinity VISA Card for 1 principal and 1 supplementary card. Subject to the bank’s approval and conditions. Not applicable for staff of Corporate Members. For applicants who wish to be covered under their company’s SIM Corporate Membership You will be required to produce documents for verification. You will be required to take up Student Membership if during your course • your company discontinues its SIM Corporate Membership or • you resign and the new company you join is not an SIM Corporate Member For applicants who are currently an SIM Associate or Ordinary Member You will have the option to convert to Student Membership starting in the next calendar year, for the duration of your course with us*. Please note that upon conversion to Student Membership, you will enjoy only the privileges of a Student Member. * Student Membership is available only to part-time and full-time students of SIM Global Education and SIM University. Upon withdrawal or completion of your studies, you will be reinstated to your Associate/ Ordinary Membership in the next calendar year. You will be required to pay the corresponding annual subscription fee from that year, unless you request to terminate your membership. Membership Category Entrance Fee Annual Subscription Fee Student $128.40 – Associate $160.50 $69.55 Ordinary $214.00 $107.00 (All fees are inclusive of 7% GST) For more information on SIM Membership, visit www.sim.edu.sg/ms With effect from 1 January 2008, the entrance fee for new Student Members will be a one-time payment of $128.40 (inclusive of 7% GST) per qualification-based program. This fee is regardless of the level or duration of the program and no annual subscription fee will be charged until otherwise notified. SIM Global Education 461 Clementi Road Singapore 599491 Tel: (65) 6248 9746 Fax: (65) 6462 9411 Email: study@sim.edu.sg www.sim.edu.sg/ge For program enquiries Tel: (65) 6248 9426 Fax: (65) 6463 4385 Email:he4@sim.edu.sg www.sim.edu.sg/emba.html The information in this brochure is current at the time of printing in June 2009. SIM and University at Buffalo, The State University of New York reserve the right to change the information herein at any time. Members of The SIM Group
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