GLOBAL EXECUTIVE MBA

”Ambiguity, complexity and uncertainty characterize the daily business of many top managers. Nevertheless, they need to make decisions, to align their teams and employees, and to keep their businesses efficient and innovative concurrently. It is indeed a challenging job with a lot of responsibilities! We sup-port you in improving your leadership skills to navigate success-fully through a demanding environment.“

Academic director at LIMAK: Prof. Wolfgang H. Güttel

LIMAK AUSTRIAN BUSINESS SCHOOL

For over 25 years LIMAK Austrian Business School has been providing leadership development, changing perspectives and establishing inter-national careers and prospects. As Austria‘s first business school and a specialist in postgraduate education for leaders, over 8,700 managers and approx. 780 MBA and Mas-ter alumni have attended LIMAK. Their numbers continue to grow with each new program. More lea-ders who profit from LIMAK‘s global networks as well as from the LIMAK alumni club.

GAIN NEW PERSPECTIVES

Leaders at a global level have to prove themselves in an environment of competitive markets, demanding stakeholders and increasing complexity. In GEMBA the following skills and competencies for global management build on classical management skills.

• ”A global refinement of management and leadership skills – methods and instruments - to meet global challenges“

• ”A sense of cultural differences in the global business“• ”An ability to use IC-technologies for managing global teams“• ”A sense of responsibility and ethics to reach sustainable growth“

„GLOBAL MANAGEMENT NEEDS GLOBAL EDUCATION“

GLOBAL EXECUTIVE MBA

UNIQUE COMBINATION OF KNOWLEDGE AND PRACTICE

”Increasing globalization shapes everyday business life and thus the orientation of the Global Executive MBA content: In additi-on to core competencies of management, relevant knowledge about acting in the global setting enter the focus of a global manager.“

Academic director at SMBS: Prof. Walter Scherrer

SMBS – UNIVERSITY OF SALZBURG BUSINESS SCHOOL

SMBS - University of Salzburg Busi- ness School - is specialized in post-graduate degrees and as an inter-nationally renowned institution for part-time further education has been offering top-level, especially interna-tional MBA and master programs as well as university certificate courses for over 15 years. Numerous part-nerships with renowned first-class universities make modules abroad a very special occasion. To date, ap-proximately 1,700 MBA and Master alumni from Austria, Germany, Italy, Sweden, Switzerland, China and Russia have graduated from Salz-burg University.

BENEFITSFOCUS ON INTERNATIONALITY

With the Global Executive MBA, LIMAK and SMBS offer you a university level global general management degree with a strong practical orientation.

• Preparation for global challenges• Interaction with like-minded executive level leaders• Best-Practice examples from international enterprises

and Hidden-Champions• Acquisition of broader intercultural competence through five

international study trips spanning three continents

UNIQUE COOPERATION – 40 YEARS OF INTERNATIONAL MBA EXPERIENCE

STRENGTHEN YOUR COMPETENCIES TO ACHIEVE GLOBAL SUCCESS

Fudan University in Shanghai was founded in 1905 and counts among the top three Chinese universities. It comprises 24 institutes, and offers a first class business school with comprehensive interna-tional contacts and is EQUIS and AACSB accredited. The university maintains worldwide partnerships with renowned international univer-sities, such as Harvard or University of California, Berkeley.

FUDAN UNIVERSITYSHANGHAI, CHINA

The University of Westminster was founded as a Royal Polytechnic in 1838 and was awarded university status in 1992 through the Further and Higher Education Act. The range of courses offered by the Uni-versity of Westminster is extensive, and students can choose to study full or part-time. The University of Westminster is distributed across four sites in London and is AMBA accredited.

UNIVERSITY OF WESTMINSTERLONDON, UNITED KINGDOM

The Moscow University, founded in 1755, is regarded as the oldest university in Russia. Today over 40,000 undergraduates, postgradu-ates, post-doctoral students and specialists study in this institution of higher education. Instruction and research at MSU is provided by a unique team of teaching staff and researchers, which is demonstrated by EQUIS and AACSB accreditation.

MOSCOW STATE UNIVERSITY LOMONOSOV MOSCOW, RUSSIA

Georgetown University counts among the leading universities and research institutes worldwide. Founded in 1789, Georgetown is the oldest university run by Jesuits in the United States of America. Its better known alumni include former president Bill Clinton and former American Secretary of State, Madeleine Albright. GU is AACSB ac-credited.

GEORGETOWN UNIVERSITYWASHINGTON D.C., USA

Liechtenstein University is young, has regional roots and is interna-tionally active. It acts as an innovative think-tank in the areas of en-trepreneurship, financial services and business IT in the quadrangle formed by Liechtenstein, Switzerland, Austria and Germany. Students and lecturers from over 40 nations as well as partnerships with over 80 universities around the world have ensured the international inter-connectedness of Liechtenstein University for over 50 years.

LIECHTENSTEIN UNIVERSITYVADUZ, LIECHTENSTEIN

INTERNATIONALITY IN PRACTICE IN THE GLOBAL EXECUTIVE MBA 3 CONTINENTS – 6 COUNTRIES – 7 BUSINESS SCHOOLS

Internationality is part of daily student life in the Global Executive MBA: in addition to the business school sites of LIMAK and SMBS in Linz and Salzburg (Austria), you will also spend a week at each of the following business schools: Vaduz (Liechtenstein), Moscow (Russia), London (UK), Shanghai (China) and Washington (USA).

The first class faculty consists of international experts from partner universities in Austria and abroad and has intensive business experience. Our professionals teach at the highest academic level. This ensures optimal results for students.

FIRST CLASS INTERNATIONAL FACULTY

Linz/Austria Salzburg/Austria

STUDY TRIPSGlobal managers gain competencies:

• to develop their ent-ry strategies for the worldwide markets, to optimize international business practices as well as personal me-thodology for global corporate success.

• to define their busi-ness value and pre-cisely calculate the ef-fects of projects and investment strategies, thereby more clearly evaluate results and successful ly design complex decision-ma-king processes.

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STRATEGIC MANAGEMENT IN A GLOBALIZED WORLD• Group formation and dynamics, team development• Personnel measures for the better fulfillment of organizational

objectives• Personnel selection, introduction, development and assessment,

as well as the establishment of incentives• Development and areas of application of the most important

marketing instruments• Fundamental strategic company planning concepts and instruments• Introduction to the main macro-economic principles• Analysis of the competitive environment• Business law

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MASTER CHALLENGING MANAGEMENT SITUATIONS• Assume different managerial roles and be able to use various

management styles• Recognize sources of power as the key to managerial success• Consciously design communications systems and convey

information efficiently• Motivate employees and influence performance-related

behaviour9 DA

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ENT DOING BUSINESS IN RUSSIA –

MOSCOW STATE UNIVERSITY LOMONOSOV (Study location: Moscow, Russia)• Strategic issues of management in Russia• Managing the political and economic environment• Human resources in Russia• The structure of society its values, institutions, myths, and

behavioural pattern in modern Russia • Key elements of successful marketing in Russia• Investment and legal stability

Discover the emotion and personal networking that Russian business people put into achieving their corporate objectives.

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DOING BUSINESS IN AMERICA – NORTH AMERICA, GEORGETOWN UNIVERSITY(Study location: Washington D.C., USA)• The US political system and society, history and business culture • Possibilities to boost creativity/innovation – learning from the best• Elements of successful marketing strategies and branding in the US• Impact of the US financial policy in the world• Access to venture capital and project financing• Management approach in the US• Trends in the US human resource market• Case study “Market entry in the US”

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FINANCIAL MANAGEMENT• Accounting and business management analysis of

annual financial statements using key indicators• Management-oriented introduction to cost accounting

and management • Investment and liquidity planning instruments• Determination of cash flow, extrapolation of capital needs

and financing possibilities

BUSINESS SIMULATION• Company management subject to dynamic competitive

conditions• Preparation and implementation of company strategy• Sales planning and marketing mix• Investment policy, make-or-buy decisions• Production-, personnel-, cost- and financial planning• Company financial management, budgets and key indicators

UNDERSTAND TEAMS AND LEAD THEM EFFICIENTLY• Be able to comprehend and steer group development

processes• Comprehend and design group roles and expectations• Heighten an awareness of group standards and social

sanctions• Recognize group phenomena and develop decision-making

strategies• Be able to turn individuals into high-performance teams

DESIGN AND STEER CHANGE PROCESSES• Recognize the reasons for resistance to change• Develop strategies for the handling of opposition• Be able to employ persuasive strategies for change• Develop profound analytical skills and an ability to

recognize changes in behaviour• Learn to apply diverse impulses for change

The definitive design of the leadership module is targeted on the competences of the course participants. This allows it to take place in both familiar semi-nar surroundings and in various, experience-oriented learning environments within the framework of outdoor exercises.

STRATEGIES OF GLOBALIZATION – UNIVERSITY LIECHTENSTEIN(Study location: Vaduz, Liechtenstein)• Learn to make market-oriented decisions• Get to know the dynamics of internationalisation• Strategically promote expansion and entry into countries• Make the best possible use of international value-adding

processes• Manage a value-adding system• Get to know organisation structures, processes and

culture in global markets• Design internationalisation strategies

INTERNATIONAL FINANCE AND BRITISH BUSINESS CULTURE – UNIVERSITY OF WESTMINSTER (Study location: London, United Kingdom)• Creating and measuring shareholder value• Calculating cash flows and the weighted average cost of

capital• When and how to hedge risks • Gaining insights into stocks, bonds and derivatives• Learning about market structure and research, segmentation,

risks and evaluating the impact of market risks and projects• Planing and executing a quantitative market research• Gaining insights into the British culture

Become an international player, whatever your company size! Juggle numbers perfectly and gain insight into the worlds unique financial matrix.

The Master’s Thesis and its defense form the integrative conclusion of the MBA program. The aim of the work is to guarantee the transfer of sci-entific principles to one’s own practical work and thus to create brackets around the individual elements of teaching content. For this purpose, a significant question relating to your own company will be dealt with using the acquired, science-based concepts and methods. As a consequence, a direct benefit is created for both you and your company.

DOING BUSINESS IN ASIA – CHINA, FUDAN UNIVERSITY(Study location: Shanghai, China)• Business model comparison of successful and failed

international companies in China• Chinese economy, Chinese society• Intellectual property law in China• Cross-cultural business

NORTH AMERICA –GEORGETOWN UNIVERSITY Feel the effect of the American way of business:„No problems, just chances and opportunities“!

CHINA –FUDAN UNIVERSITYGain firsthand experience of the dynamism, speed and distinctive profit-orientation in the Asian world of business.

The focus is on the communication and implementation of fundamental concepts and instruments in traditional managerial areas. The range involved extends from the development of strategic objectives to steering via key figures and the deployment of personnel, who constitute a company’s most important resource. In particular, a business planning game simulates the topic of company management under dynamic competitive conditions in an integrative manner.

LIMAKBergschlößlgasse 1, A-4020 Linz

T: +43-732-66 99 44-0, F: +43-732-66 99 44-111e-mail: info@limak.jku.at

www.limak.at

SMBS – University of Salzburg Business SchoolSchloss Urstein, A-5412 Puch/Salzburg T: +43-676-88 22 22 23e-mail: norbert.gerner@smbs.atwww.smbs.at

GLOBAL EXECUTIVE MBATIMEFRAME18 months plus master’s thesis52-day attendance, blocked in modules90 ECTS points

START OF PROGRAM November PROGRAM FEEEUR 29,900 (payment in installments possible)Application fee, examination fee, literature: EUR 1,290not including travel and accommodation expenses, lunch, optional coaching

TARGET GROUPLeaders who operate internationally, strive for growth, and desire to develop their entrepreneurial and international com-petencies and ensure long-term success of their organiza-tions.

ADMISSION REQUIREMENTSA degree and at least five years of professional experience, or a comparable qualification derived from professional and practical experience, as well as a positive admission interview. The proof of sufficient English skills can also be provided in the course of the interview.

STUDY LOCATIONSLinz and Salzburg (Austria), Vaduz (Liechtenstein), Moscow (Russia), London (UK), Shanghai (China) and Washington (USA)

TEACHING LANGUAGEEnglish

DIPLOMAMaster of Business Administration awarded by Johannes Kepler University Linz or by University of Salzburg.

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