PROGRAMME REGULATIONS MSc Programmes in...

28
1 PROGRAMME REGULATIONS MSc Programmes in Management Class of 2015-2016

Transcript of PROGRAMME REGULATIONS MSc Programmes in...

Page 1: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

1

PROGRAMME REGULATIONS MSc Programmes in Management Class of 2015-2016

Page 2: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

2

TABLE OF CONTENTS

1. STUDENT EXPECTATIONS AND STANDARDS ................................... 3 2. ACCREDITATION .............................................................................. 4 3. The MSc PROGRAMME STRUCTURE ................................................. 5 3.1. Structure ............................................................................................................. 5 3.1.1. MSc in Finance ...................................................................................................... 6 3.1.2. MSc in Innovation & Entrepreneurship ...................................................................... 7 3.1.3. MSc in International Management ............................................................................ 8 3.1.4. MSc in Marketing Management ............................................................................... 9 3.2. Sections and Work Groups ................................................................................ 11 3.3. Enrolment .......................................................................................................... 11 3.4. CEMS MIM ........................................................................................................ 12

4. REQUIREMENTS FOR COMPLETION OF THE MSc PROGRAMMES IN MANAGEMENT ............................................................................... 14

5. ACADEMIC INTREGRITY ................................................................ 14 6. THE MSc ACADEMIC COMMITTEE .................................................. 17 7. WITHDRAWAL AND LEAVES OF ABSENCE FROM THE MSc

PROGRAMMES IN MANAGEMENT.................................................. 17 7.1. Voluntary Withdrawal ........................................................................................ 17 7.2. Leave of Absence .............................................................................................. 17 7.3. Academic Withdrawal ........................................................................................ 18 7.4. Withdrawal determined by MSc Academic Committee....................................... 18

8. DEGREES AWARDED ...................................................................... 19 9. GRADING SYSTEM ......................................................................... 20 9.1. Delivery of Grades ............................................................................................. 21 9.2. Exams and Methodology of the Grading System ............................................... 21 9.3. Examination Regulations ................................................................................... 21 9.4. Examination Results .......................................................................................... 22 9.5. Grade Revision ................................................................................................. 23 9.6. Grade Publication and Grade Transcripts .......................................................... 24

10. BOARD OF ACADEMIC AFFAIRS ..................................................... 26 11. MEETINGS WITH DELEGATES ........................................................ 27 12. NOTIFICATIONS AND ANNOUNCEMENTS ..................................... 27 12.1. Miscellaneous ................................................................................................... 27 12.2. Private messages .............................................................................................. 28

13. MATERIALS .................................................................................... 28 14. PROPOSALS AND SUGGESTIONS ................................................... 28 15. INTERPRETATION AND APPEALS .................................................. 28

Page 3: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

3

MSC PROGRAMMES IN MANAGEMENT MSc in Finance MSc in Innovation & Entrepreneurship MSc in International Management MSc in Marketing Management

1. STUDENT EXPECTATIONS AND STANDARDS

The MSc Programmes in Management students, faculty, and staff are a community of scholars dedicated to improving the practice of management. Our community has a professional ethos that encourages free expression of ideas, values diversity among our members, maintains respect and responsibility in all our relationships and shapes an international character. We practice the Jesuit principle of “Cura Personalis” (care for the person) in all that we do. We are personally accountable for our actions. The objective of this document is to create the best possible climate for teaching and learning, and to assist everyone in our community to achieve the highest integrity in education, business, and personal arenas. The Programme Direction in consultation with the Academic and Management Committee can, at their discretion, withdraw a student from the MSc Programmes for a violation of the program rules, including those outlined here, and/or for engaging in conduct that violates the MSc Honour Code or that could bring the Programme into disrepute. Such a decision will be final and the student will be responsible for any costs associated with a mandated withdrawal. THE ESADE MSc HONOUR CODE In the pursuit of the high ideals and rigorous standards of academic life, students are expected to respect and uphold the ESADE MSc Honour Code. All students are expected to read and sign a copy of the ESADE MSc Honour Code upon commencing the Programme. ETHOS STATEMENT Choosing to come to ESADE Business School means joining a distinctive community. Founded as a Jesuit institution, ESADE places special emphasis on the dignity and worth of every person, and the pursuit of truth. Membership in the community carries with it high expectations regarding the ways in which each person will act both on and off the campuses. All members of the ESADE community are expected to honour the following commitments in all their actions:

A commitment to the highest standards of honesty and personal integrity both inside and outside

the classroom

A commitment to treat others in a respectful manner, regardless of differences such as race, religion,

nationality, ethnicity, gender or sexual orientation

A commitment to open discourse and the free exchange of ideas

Page 4: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

4

A commitment to exercise mutual care and responsibility in all relationships

A commitment to an active concern for the safety, security and well-being of each individual and a

respect for individual, communal and university property

PROFESSIONAL STANDARDS Professional standards set expectations for individual conduct inside and outside the classroom, in networking activities, social networks, student organizations and informal university-related activities. These standards offer guidelines for appropriate actions, attitudes and behaviors. Professional conduct means that students:

Represent themselves honestly to their fellow students, faculty, employers, recruiters and guests of

the university

Fulfil the commitments they make to their classmates, faculty, university staff members and their

employers.

Respect others regardless of their race, color, religion, national origin, sex, age, marital status, personal

appearance, sexual orientation, gender identity or expression, familial status, family responsibilities,

political affiliation, source of income, disability, or other legally protected classes.

Contribute to open discourse, the free exchange of ideas, and the intellectual climate, and regard the

contributions of scholars and practitioners.

Present themselves at university-related events on- and off-campus suitably dressed and with

professional conduct.

Preserve individual, community, and university property, and do their part to keep the physical

facilities neat and clean.

Uphold Academic Integrity.

Comply with all applicable Programme rules, policies and procedures.

2. ACCREDITATION

ESADE Business School is one of the few business schools worldwide accredited by the three most prestigious accreditation organizations (Equis, AACSB and AMBA), thus baring the so called "Triple Crown". European Quality Improvement System (EQUIS). In 1998, ESADE was the first business school in Spain and one of the first in Europe to receive the institutional accreditation European Quality Improvement System (EQUIS), granted by the European Foundation for Management Development (EFMD). The Association to Advance Collegiate Schools of Business (AACSB International). In 2001, ESADE was the first business school in Spain and the seventh in Europe to be awarded an accreditation for the quality of its Bachelor’s, Master’s and Doctoral Degree programs, awarded by The Association to Advance Collegiate Schools of Business (AACSB International).

The Association of MBAs (AMBA). The ESADE MBA has been accredited by the Association of MBAs (AMBA) since 1994.

Page 5: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

5

3. The MSc PROGRAMME STRUCTURE

3.1. Structure

All MSc Programmes in Management at ESADE last one year and have a workload equivalent to 60 ECTS credits. They are all structured in five modules: Module 1: Core Courses Module 2: Seminars for Personal and Professional Development Module 3: Specialised Courses Module 4: Elective Courses Module 5: Master Project

More details for these modules are given below for each programme.

Page 6: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

6

3.1.1. MSc in Finance

The MSc in Finance is a full-time programme with a workload of 60 ECTS credits. One ECTS credit requires between 25 to 30 hours of work (in and outside of class). Internships are not permitted during Modules 1-3.

Module 1: Core Courses

This module provides a sound knowledge of finances. Courses are obligatory for all participants. Additionally, Career Services will hold a compulsory seminar of career planning and management activities during Module 1, and students will be expected to comply with requirements set forth by the Career Services department regarding the Career Development Programme

Module 2: Personal and Professional Development

This module is given over to developing personal and professional skills and competencies, particularly multi-cultural sensitivity and the ability to operate in diverse cultural settings. A

minimum of 5 ECTS credits have to be allocated to different seminars and study tour. Module 3: Specialised Courses The objective of this module is twofold. On the one hand it complements and closes the training on core topics in finance initiated in Module 1; this is done through Specialised-Compulsory courses. On the other hand it offers students the possibility to start tailoring the programme to their career aims; this is done through Specialised-Elective courses. The enrolment to Specialised-Elective courses follows the same process as for Elective courses (Module 4) described in Section 3.3, with some restrictions: 1. Students can freely chose the Specialised-Elective courses they want to take, but not the timetable. This will be determined later on by the Programme Management Team. 2. No posterior changes in the assigned timetable or de-enrolments will be allowed.

3. Students can and must enroll a maximum of two Specialised-Elective courses. Module 4: Elective Courses

This module allows participants keep on tailoring the programme to their career aims. Students choose from a wide range of elective courses to select the five courses that best meet their needs and professional interests. A minimum of three courses must be selected from the list of specific finance electives and the rest can be allocated to free electives. No internships/corporate/individual projects (outside of course assignments) will receive academic credits Module 5: Master Project

The Master Project is a key part of the MSc Programmes in Management. Upon successfully completing their projects, participants will be awarded 6 ECTS credits. This module stresses

initiative. Participants choose a topic or field that they want to research and the project can take the following formats:

A Master Thesis, aimed at demonstrating the participant's research abilities;

A Business Plan, aimed at fostering an entrepreneurial spirit;

An In-Company Business Project, based on a professional internship.

Page 7: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

7

Preparation courses will assist MSc Programme participants to develop their Master Projects. Participants will also receive full support from their tutors, regardless of the format chosen. Details on the Master Project format, process, deadlines and requirements will be communicated during Module 1. The student should defend the project ideally at ESADE. In the case the student cannot defend the project in person, a defence via Skype can be considered. Tracks While no major or specialization is noted on the official degree nor the transcripts, the student can obtain a certificate of specialisation in either Corporate Financial Management or Asset Management and Banking – the two Tracks offered within the MSc in Finance Programme. The requirements for this certificate are: 1. The two Specialised-Electives courses in Module 3 should correspond to the specific Track. 2. At least three of the five Electives in Module 4 should correspond to the specific Track. 3. The topic of the MP (Module 5) should be also related to the specific Track. Independently of the level of enrolment (see point 3.3), the Programme will guarantee that the minimum number of Specialised-Electives and Electives courses required to complete a selected Track is offered. It should be noted that following one of the two tracks is highly recommended, but not compulsory.

3.1.2. MSc in Innovation & Entrepreneurship

The MSc in Innovation & Entrepreneurship is a full-time programme with a workload of 60 ECTS credits. One ECTS credit requires between 25 to 30 hours of work (in and outside of class). Internships are not permitted during Module 1-3. Module 1: Core Courses

In this module, participants acquire the foundations of Innovation & Entrepreneurship. Courses are obligatory for all participants. Additionally, Career Services will hold a compulsory seminar of career planning and management activities during Module 1, and students will be expected to comply with requirements set forth by the Career Services department regarding the Career Development Programme Module 2: Personal and Professional Development This module is given over to developing personal and professional skills and competencies, particularly multi-cultural sensitivity and the ability to operate in diverse cultural settings. A minimum of 5 ECTS credits have to be allocated to different seminars and study tour. Module 3: Specialised Courses

This module aims at giving the students a thorough and sound insight into professionally demanding areas of Innovation and/or Entrepreneurship. Participants choose one of three specialization tracks and start their Internship Innovation Project (mandatory).

Page 8: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

8

Specialization Tracks 1) Innovation Management 2) Entrepreneurship 3) Corporate Innovation & Intrapreneurship Module 4: Elective Courses This module helps participants tailor the programme to their career aims. Participants choose from among a wide range of elective courses to select the courses that best meet their needs and professional interests.

Depending on the Specialisation Track, a minimum of 6-9 ECTS have to be selected. Internship Innovation Project – 5 ECTS (to be continued from Module 3) While no major or specialization is noted on the official degree nor the transcripts, if you have concentrated your elective classes in one specific area, you may note that on your CV. No internships/corporate/individual projects (outside of course assignments) will receive academic credits Module 5: Master Project The Master Project is a key part of the MSc Programmes in Management. Upon successfully completing their projects, participants will be awarded 10 ECTS credits. This module stresses initiative. Participants choose a topic or field that they want to research and the project can take the following formats:

- A Master Thesis, aimed at demonstrating the participant's research abilities;

A Business Plan, aimed at fostering an entrepreneurial spirit;

An In-Company Business Project, based on a professional internship. Preparation courses will assist MSc Programme participants to develop their Master Projects. Participants will also receive support from their tutors, regardless of the format chosen. Details on the Master Project format, process, deadlines and requirements will be communicated during Module 1. The student should defend the project ideally at ESADE. In the case the student cannot defend the project in person, a defence via Skype can be considered.

3.1.3. MSc in International Management

The MSc in International Management is a full-time programme with a workload of 60 ECTS credits. One ECTS credit requires between 25 to 30 hours of work (in and outside of class). Internships are not permitted during Module 1-3. Module 1: Core Courses

In this module, participants acquire an understanding of the international context in which business operate as well and start exploring ways in which firms can develop in such context. In other words, in this module we look mainly outside the firm and we start analysing how business operate in this environment. Courses are obligatory for all participants. Additionally, Career Services will hold a compulsory seminar of career planning and management activities during Module 1, and students will be expected to comply with requirements set forth by the Career Services department regarding the Career Development Programme.

Page 9: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

9

Module 2: Personal and Professional Development This module is given over to developing personal and professional skills and competencies, particularly multi-cultural sensitivity and the ability to operate in diverse cultural settings. A minimum of 5 ECTS credits have to be allocated to different seminars and study tour. Module 3: Specialised Courses This module aims at looking inside the firm, and to explore how business operate in the environment we analysed in Module 1 and we experienced in Module 2. In that regard, this module has the goal of giving the students a thorough and sound insight into advanced international management in key areas of the company. Module 4: Elective Courses This module helps participants tailor the programme to their career aims. Participants choose from among a wide range of elective courses to select the five to six courses that best meet their needs and professional interests. A minimum of 3 courses must be selected from the list of specific international management electives and the rest can be allocated to free electives. While no major or specialization is noted on the official degree nor the transcripts, if you have concentrated your elective classes in one specific area, you may note that on your CV. No internships/corporate/individual projects (outside of course assignments) will receive academic credits Module 5: Master Project The Master Project is a key part of the MSc Programmes in Management. Upon successfully completing their projects, participants will be awarded 7 ECTS credits. This module stresses initiative. Participants choose a topic or field that they want to research and the project can take the following formats:

A Master Thesis, aimed at demonstrating the participant's research abilities;

A Business Plan, aimed at fostering an entrepreneurial spirit;

An In-Company Business Project, based on a professional internship. Preparation courses will assist MSc Programme participants to develop their Master Projects. Participants will also receive full support from their tutors, regardless of the format chosen. Details on the Master Project format, process, deadlines and requirements will be communicated during Module 1. The student should defend the project ideally at ESADE. In the case the student cannot defend the project in person, a defence via Skype can be considered.

3.1.4. MSc in Marketing Management

The MSc in Marketing Management is a full-time programme with a workload of 60 ECTS credits. One ECTS credit requires between 25 to 30 hours of work (in and outside of class). Internships are not permitted during Module 1-3.

Page 10: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

10

Module 1: Core Courses

This module provides a sound knowledge of marketing management. Courses are obligatory for all participants. Additionally, Career Services will hold a compulsory seminar of career planning and management activities during Module 1, and students will be expected to comply with requirements set forth by the Career Services department regarding the Career Development Programme. Module 2: Personal and Professional Development

This module is given over to developing personal and professional skills and competencies, particularly multi-cultural sensitivity and the ability to operate in diverse cultural settings. A minimum of 5 ECTS credits have to be allocated to different seminars and study tour. Module 3: Specialised Courses

This module aims at giving the students a thorough and sound insight into professionally demanding areas of marketing knowledge.

Module 4: Elective Courses This module helps participants tailor the programme to their career aims. Participants choose from among a wide range of elective courses to select the five courses that best meet their needs and professional interests. A minimum of 3 courses must be selected from the list of specific marketing management electives and the rest can be allocated to free electives.

Elective Courses are offered in English and Spanish. While no major or specialization is noted on the official degree nor the transcripts, if you have concentrated your elective classes in one specific area, you may note that on your CV.

No internships/corporate/individual projects (outside of course assignments) will receive academic credits

Module 5: Master Project

The Master Project is a key part of the MSc Programmes in Management. Upon successfully completing their projects, participants will be awarded 7 ECTS credits. This module stresses initiative. Participants choose a topic or field that they want to research and the project can take the following formats:

A Master Thesis, aimed at demonstrating the participant's research abilities;

A Business Plan, aimed at fostering an entrepreneurial spirit;

An In-Company Business Project, based on a professional internship. Preparation courses will assist MSc Programme participants to develop their Master Projects. Participants will also receive full support from their tutors, regardless of the format chosen. Details on the Master Project format, process, deadlines and requirements will be communicated during Module 1. The student should defend the project ideally at ESADE. In the case the student cannot defend the

project in person, a defence via Skype can be considered.

Page 11: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

11

3.2. Sections and Work Groups

For academic purposes, students are divided into sections and workgroups for the Core and Specialised Courses of their Master Programmes (Core and Specialised-Compulsory courses in the case of the MSc in Finance). Depending on the section, classes will take place at different times of the day, however, since the MSc Programmes are full-time Masters, all students will have group work outside their class hours. Sections and work groups are determined by Programme Management, taking into consideration a series of factors like nationality, background, gender, etc., and can under no circumstances be changed. A course can be cancelled due to force majeure (unforeseen circumstances) such as illness of the professor.

3.3. Enrolment

While students are registered automatically to Core and Specialised Courses (Core and Specialised-Compulsory courses in the case of the MSc in Finance), they have to enrol within given periods to study tours, electives & skill seminars and a Master Project track. STUDY TOUR The enrolment to the study tours is based on a bidding system. Study tours are not a compulsory element of the MSc Programmes and can also be replaced by skill seminars. Detailed guidelines will be provided before the enrolment. ELECTIVES & SKILL SEMINARS Pre-enrolment: Students are asked to pre-enrol in their preferred electives and skill seminars, making sure they fulfil credit requirements of the programme and avoid time overlaps. Programme Management reserves the right to cancel courses where the minimum number of participants is not achieved (20 students for electives, 14 students for skill seminars). In these cases, students will have to select another course which still has free places. The maximum number of places in each course will depend on classroom capacity and teaching requirements. In cases where the number of course applications exceeds this limit, participants enrolled in a specific Master will be given priority for their Master specific electives. Participants may enrol or de-enrol in elective courses before the second session. Enrolment or de-enrolment in the skill seminars can only be done before the seminar starts. After that, students cannot deregister anymore and have to complete the course. Participants are allowed to make a maximum of 2 changes (2 new enrolments and 2 de-enrolments) in their choices after confirmation of enrolment, and enrol in a maximum 1 additional elective and 1 additional skill seminar. Under no circumstances will additional changes to enrolment be allowed. In the case of Elective Courses, and because of the possibility of de-enrolments after the first session (Section 3.3), attendance control will start in the second session. If a participant is enrolled in an additional course on optional basis, it is compulsory to pass the course in order to graduate from the MSc programme. Withdrawal from an optional course is only possible before the 2nd class. After that date, there will be economic repercussions for the students

which will be determined by the Programme Director depending on different factors like the workload of the course. Detailed guidelines will be provided before the enrolment.

Page 12: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

12

MASTER PROJECT Students have to select one of the 3 tracks for their Master Project: - Master Thesis - In-Company Project - Business Plan Restrictions apply as to when the tracks can be changed. These will be disclosed during the info session prior to enrolment and guidelines will be provided before the enrolment

3.4. CEMS MIM

Participants of the MSc Programmes in Management can apply for the CEMS MIM Programme, which consists of 1 academic year including an exchange programme at a CEMS partner school, an internship abroad, and accrediting the required levels of two foreign languages by the CEMS. During the CEMS year, participants spend one term at ESADE and one term at a CEMS exchange university.

Allocation of Exchange Term Participants should apply for their exchange destination in February of their first year, indicating their preferences of partner university and exchange term. The Director of the MSc, the CEMS Academic Director and the CEMS Programme Manager will assign exchange places based on the available slots at the partner schools and according to the following criteria: applications and preferences of participants; academic results in the first module; Applicants will not be allowed to go on exchange at a CEMS partner school where they have completed their bachelor degree, and are discouraged from applying to a CEMS partner school in their home country. HEC will not accept exchange students with French nationality. Applicants will be notified of the Academic Committee’s decision by end February of their first year. Participants may only refuse places for reasons of force majeure, which must be demonstrated with appropriate documentation (doctor’s certificate, etc.). The list of CEMS partner schools and universities available to CEMS MSc students are:

Aalto School of Economics (Finland) Copenhagen Business School (Denmark) Corvinus University, Budapest (Hungary) Escola de Administração de Empresas de São Paulo-FGV (EAESP / Brazil) Facultade de Economia da Universidade Nova de Lisboa (Portugal) Graduate School of Management, St Petersburg State University (Russia) HEC, Jouy-en-Josas (France) HKUST Business School, Hong Kong (China) Indian Institute of Management, Calcutta (India) Ivey Business School, London (Canada) Keio University (Japan) Koç University (Turkey) London School of Economics and Political Science (United Kingdom) Louvain School of Management (Belgium) National University of Singapore (Singapore) NHH, Norwegian School of Economics and Business Administration, Bergen (Norway) RSM Erasmus University, Rotterdam (The Netherlands) Stockholm School of Economics (Sweden) Tsinghua University, Beijing (China) Universidad Adolfo Ibáñez (pending ratification), Santiago (Chile)

Università Commerciale Luigi Bocconi, Milan (Italy) Universität St. Gallen (Switzerland) Universität zu Köln (Germany) University College Dublin (Ireland) University of Economics, Prague (Czech Republic) University of Sydney (Australia) Warsaw School of Economics (Poland) Wirtschaftsuniversität Wien (Austria)

Page 13: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

13

The CEMS year has a workload of 66 ECTS which have to be taken during the 2 terms at the home school and on exchange (min 24 ECTS per term) The Programme consists of the following compulsory elements (see also CEMS student guide for details): Term 1 CEMS Block Seminar (3 ECTS) CEMS Business Communication Seminar (1 ECT) CEMS Elective Courses + one CEMS mandatory course on Global Strategy (30 ECTS)

Term 2: CEMS Responsible Global Leadership Seminar (1 ECT) CEMS Business Project (15 ECTS) CEMS Elective Courses and one CEMS mandatory course on Global Management Practice (15

ECTS) One CEMS skill seminar (1 ECT)

Others: - Internship (min. 10 consecutive weeks, full-time, abroad) - Competence in 3 languages (see CEMS language guide)

GENERAL CEMS RULES Please see CEMS MIM guide for detailed explanation of the CEMS MIM programme workload and regulations. Each school adapts the CEMS MIM programme to their own University regulations. COSTS DURING EXCHANGE PROGRAMME Students don’t have to pay tuition to the exchange university. However, students going on exchange must assume all costs required by the Exchange Programme, such as airline tickets or other forms of transportation, visas, accommodation during the stay abroad, living expenses, medical insurance, administrative fees of the host university, study materials required, Block seminar, etc. BLOCK SEMINAR COSTS

The CEMS Block Seminar is a compulsory element of the CEMS MIM Curriculum. Expenses for this

seminar usually taking place off campus might vary from school to school from zero cost to 300

euros per person, covering housing and food. For more information please consult the CEMS MIM

Student Guidelines. Students should pay the fees for Block Seminar to the CEMS School where they

will do the Block seminar regardless of the cost applied by the home school. RESPONSIBILITIES AND DUTIES OF EXCHANGE STUDENTS Exchange students must read and sign the document Responsibilities and duties of exchange students at the end of last term at ESADE and return it to CEMS Programme Manager. The document will be presented and published on communication channels in the beginning of the academic year of the MSc programme. WITHDRAWAL FROM CEMS MIM PROGRAMME Participants wishing to withdraw from the CEMS MIM programme for personal reasons must notify the Director of the MSc Programmes in Management and CEMS Academic director in writing, who will then inform the Registrar’s Office and the Student Administration Department to such effect. Participants must request Voluntary Withdrawal from the programme, specifying the reasons for reaching such a decision. Participants must also furnish all the documents supporting the decision set out in the written notification. Obviously, such information will be treated in the strictest confidence. In the absence of the aforementioned notification, the participant will be considered to be fully enrolled in the course.

Page 14: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

14

ESADE will not reimburse the tuition fee for CEMS MIM programme in cases of withdrawal from the programme. In order to graduate from the CEMS MIM programme students must have their MSc degree completed.

4. REQUIREMENTS FOR COMPLETION OF THE MSc PROGRAMMES IN MANAGEMENT

For a student to be awarded the MSc degree from ESADE Business School, the student must complete 60 ECTS divided into (depending on the MSc Programme) 5-7 core courses, 4-5 specialised courses, 3-5 elective courses, study tour and skill seminars, Internship Innovation Project (in case of the Master in Innovation and Entrepreneurship) and the Master Project and Defence. No waives are allowed for subjects. Participants who have successfully completed all ECTS credits of Modules 1-3, and at least 50% of the ECTS credits of Module 4, will be allowed to submit and defend their Master Project. Students have the following possibilities to defend their Master Project in first attempt:

July of the same year

October/November of the same year

February of the following year

The following dates count as second attempt:

July of the following year

October/November of the following year

Any defence dates beyond these dates count as further attempts. It is the responsibility of the student to make sure he/she fulfils all requirements for graduation.

5. ACADEMIC INTREGRITY

ESADE MSc Honour Code

I will not lie, cheat or steal to gain an academic advantage, or tolerate those who do. I will respect all ESADE students, faculty and staff through my words and deeds.

Violations: Violations of the ESADE MSc Honour Code include the following:

CHEATING Cheating is the use of unauthorized materials, information, or study aids, written or oral, on in-class or take-home examinations, papers, case studies, or other academic exercises. To cheat or to assist another student to cheat is to steal someone else’s intellectual property, and is academic fraud.

GROUP VERSUS INDIVIDUAL WORK Teamwork and collaboration are core values of our community. Within group projects, we expect all individuals to contribute fully to the final joint product. Project tasks can be distributed among team members and consolidated into a complete product. Each group must collectively complete the project without discussion with others outside the group, unless directed otherwise by the professor. Any group work that carries the name of a student implies the full contribution of said student, and s/he is responsible for all the content of the group work. For assignments that are to be done individually, the student should not discuss the assignment with other students unless advised otherwise by her/his instructor, should not use any part of another student’s work without attribution, and should not give any of her/his work to another student.

Page 15: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

15

PLAGIARISM Plagiarism is the act of passing off as one’s own the ideas or writings of another, whether intentional or unintentional. Verbatim text from another source must be quoted and cited. A paraphrase or summary of another’s ideas must be cited where written; it is not sufficient to list the source in references at the end of the paper. These practices must be followed in any written work – notes and drafts as well as final products – that the student hand in for use by others. Information obtained from web sites, personal interviews, and other students require citations just like information obtained from articles and books. The learning objective is to develop the student’s own thinking, not to create a collage of borrowed ideas pieced together from other sources. To document sources identifies relevant prior knowledge and enables the reader to locate the source materials. It does not diminish the student’s contributions, but rather it lends credibility to them. FALSE CITATIONS AND FALSE DATA False citation is the attribution of intellectual property to an incorrect or fabricated source. False attribution undermines the integrity of the academic enterprise by severing a chain of ideas that should be traceable. False data are data that have been fabricated, altered, or contrived in such a way as to be misleading. PROPRIETARY INFORMATION Information, whether quantitative or qualitative, and whether written or oral, that is the property of another person or organisation and that is not in the public domain that students receive for their educational purposes may not be used outside its intended purpose or disclosed without the owner’s explicit permission. Past exams and course papers are not to be shared with current students unless explicitly invited by the faculty. WORK SUBMITTED FOR MULTIPLE PURPOSES A student should not submit their own work, in identical or similar form, for multiple purposes without the prior approval of all faculty members to whom the work will be submitted. In some cases the student may cite her/his own prior work, but should confer with her/his professor before doing so. MISREPRESENTATION Students should not provide inaccurate, misleading, or false information regarding their academic or professional experience or achievements, for example, in a resume, transcript, or other document or forum. ASSISTING VIOLATIONS OF OTHERS It is also a violation of the Academic Integrity System to assist another person in the violation of any of the Academic Integrity rules. ATTENDANCE POLICY

Class attendance is mandatory A key component of the MSc Programme is the interaction and learning that takes place in the classroom. Students’ attendance and participation in classroom lectures are critical to maintaining this environment. As members of the ESADE community, students are committing to attending and contributing to all classroom lectures and special topic sessions in order to maintain the integrity of the experience for themselves and for their cohort. Attendance is defined as being present and prepared when the faculty member begins the class and staying engaged throughout the entire course. Arriving late, leaving during or early from class, or being unprepared or distracted by non-course related matters diminishes not only the student’s experience, but that of her/his colleagues. It is each individual student’s responsibility to maintain the quality of the classroom environment.

The minimum class attendance required by the MSc Programmes Direction to be able to attend the Final Exam or Final Evaluation is as follows:

Core, Specialised and Elective courses: 2 absences allowed.

Intensive courses: 1 absence allowed.

Skill seminars: No absences allowed.

Page 16: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

16

Attendance control is carried out by the MSc Programmes Office department. The program manager will enter randomly the class at any given time during the session to take attendance. If a student is not present at the time of the counting it will be consider a ‘not present’. The program manager will follow the sitting plan chart to count attendance, so it is of extreme importance to respect the assigned sit the student is given. No reasons why the student was not present in a particular session will be discussed or managed by the program managers, they are only responsible for taking the attendance at a given point in time. Also, under no circumstance will the Programme Direction attend justifications (medical or other type) referring to one particular session. The allowed absences already account for that. If a student has more absences than allowed, the program manager will contact the student itself, the professor,

the Academic Director and the Director of the MSc Programmes., informing that s/he is not allowed to attend

the regular exam (receiving a NP, not present) and that s/he is automatically considered for the retake taking

place the following term.

Once the notification has been received, the student may ask the Academic Director to reconsider his/her

case if exceptional circumstances justify more absences than allowed; in particular:

Serious illness, as demonstrated by doctor’s note/certificate (validated by the Director of the MSc

Programmes)

Family crisis situations

The Academic Director will consider each case individually, and will take a final decision. Under no circumstance

will the following cases be considered justified absences:

Career Service events outside the established Career Forum

Company interviews

Internships

Weddings, holidays, etc.

Faculty Rules The attendance policy described above refers to the MSc Programmes’ minimum requirements to attend the Final Exam or Final Evaluation, and it is implemented by the MSc Programmes Office department. Students should bear in mind that professors might also have their own attendance rules (reflected in their syllabus). As an example, many professors evaluate class participation or make quizzes in all sessions. If this is the case, missing one session may have an effect on the final grade of the student, even if s/he is allowed to attend the final exam/evaluation according to the MSc Programme rules. In other words, students should not interpret the absences allowed by the Programme Direction as a possibility to miss some sessions without any effect on their final grade; the grading policy of each specific course should also be considered. If a student is unwilling/unable to attend one particular session with her/his section (e.g. Section A), and want to attend that session with another section (Section B), s/he may contact the corresponding professor for an authorisation. It is at the discretion of the professor to permit or not this change based on activities planned, room space, etc.; however, any change of section will be considered an absence by the MSc Programmes Office department. If necessary, the Academic Director may ask the faculty for their collaboration in controlling attendance according the MSc Programmes attendance policy (e.g. elective courses with just a few students and no sitting plan). PUNCTUALITY ESADE requires both faculty and students to be punctual in attending classes. The professor may oblige students arriving more than 5 minutes late to wait until after the break before being admitted to class, or not allow them to enter the class at all. In any case, not being present in class at the time of the counting by the MSc Programme Manager will be consider an absence.

Page 17: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

17

USE OF ELECTRONIC EQUIPMENT IN CLASS The use of electronic devices such as mobile phones and laptops is not permitted in class. The use of laptops will only be permitted if the professor deems fit for the purposes of the class. Courses in the MSc Programme may not be audited.

6. THE MSc ACADEMIC COMMITTEE The MSc Academic Committee consists of Dean of ESADE Business School, the Associate Dean of the MSc’s, the Director of the MSc’s, the Academic Director of the Programme, the Programme Manager and, if applicable, Professors of the respective subject(s) or representatives of services related to the MSc, and has two purposes:

To receive, investigate and recommend decisions about suspected violations of academic

integrity – the Honor Code, or insufficient academic performance.

To orient students about academic integrity and initiate and implement any sanctioning

procedures necessary for upholding academic standards, integrity and codes of conduct.

The MSc Academic Committee will assess the student’s prior academic performance as well as interview staff and delegates regarding attitudes and behavioral tendencies and will decide on whether or not s/he will be sanctioned or allowed to continue in the MSc Programme. If appropriate, the Committee will allow a student a stipulated period of time to provide evidence to support his/her case. Should this evidence not be forthcoming or sufficient and the Committee decides that a student is to be sanctioned or not to remain in the MSc Programme; the sanction will take place with immediate effect.

7. WITHDRAWAL AND LEAVES OF ABSENCE FROM THE MSc PROGRAMMES IN MANAGEMENT

7.1. Voluntary Withdrawal

Participants wishing to withdraw from the MSc in Management for personal reasons must notify the Director of the MSc Programmes in Management in writing, who will then inform the Registrar’s Office and the Student Administration Department to such effect. Participants must request Voluntary Withdrawal from the programme, specifying the reasons for reaching such a decision. Participants must also furnish all the documents supporting the decision set out in the written notification. Obviously, such information will be treated in the strictest confidence. In the absence of the aforementioned notification, the participant will be considered to be fully enrolled in the course. Participant applications for re-admission to the programme will be considered by the Admissions Committee, which will take previous performance into consideration. ESADE will not reimburse the tuition fee in cases of voluntary withdrawal from the programme.

7.2. Leave of Absence

Students wishing to request a leave of absence for such things as serious illness, family crisis situations, etc., must notify the Director of the MSc Programmes in Management in writing. Students must request a Leave of Absence from the programme specifying the reasons for reaching such a decision. Students must also furnish the documents which support the decision set out in the written notification. Evidently such information will be treated in the strictest confidence.

Page 18: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

18

Students who are granted a Leave of Absence from the Programme during a Term will not be reimbursed for any tuition paid or deposit fees. Students granted a leave of absence have 364 days to rejoin the MSc Programme at the beginning of the Term during which they were granted the initial leave of absence. Initial payments will include pre-leave deposits and tuition as well as any difference in program fees in the academic year for which the student will re-join.

The initial deposit and the tuition payments received shall not be returned under any circumstances.

In the absence of the aforesaid notification, the student will be considered to be fully enrolled in the course.

Any students failing to complete the requirements of the MSc will be allowed to request completion of missing credits up to no more than five years after the graduation date for their class, should a relevant course be available in the curriculum.

In these cases, students will be charged accordingly for any additional examinations needed for completion of the MSc and/or any courses that need to be attended for completion of the MSc.

7.3. Academic Withdrawal

MSc students have a maximum of 2 attempts to pass a course; the first attempt and the ‘retake’. If a student does not pass a course in these 2 attempts, s/he has the possibility to request an Exceptional Examination. If a student misses an exam for medical reasons, s/he will do the retake exam, but it will count as first attempt. (See Section 9.3 regarding medical justifications for missing exams).

Participants who fail up to two courses in the retake exams (second attempts) should submit a written request to the Director of the MSc Programmes in Management to sit an Exceptional Examination. The MSc Academic Committee will review the continuation in the MSc Programmes in Management of any student who: Does not complete at least 50% of the ECTS credits in a given module in first attempt,

Fails three courses or more in the re-take exams (second attempts), or

Fails an Exceptional Examination

In case of Academic Withdrawal, the Academic Committee will determine whether there will be a partial reimbursement of the tuition fee or not.

7.4. Withdrawal determined by MSc Academic Committee

Students may be required to leave the MSc Programmes before successful completion of all academic requirements by the MSc Academic Committee at any time within the parameters as outlined below:

Any student who displays behavior (verbal writing and/or physical) that is in direct violation

of signed Honor codes within the MSc Program courses, facilities, off-site coursework,

interactions, etc., will be automatically considered by the MSc Academic Committee for

termination from the MSc Programme.

Any student who displays improper conduct (see professional conduct codes), whether

through improper use of campus facilities, verbal, written and/or any other form of

communication (including, but not limited to web based) will be considered for termination by

the MSc Academic Committee.

Page 19: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

19

Any student who does not uphold academic integrity, as defined in Section 5, will be considered

for termination by the MSc Academic Committee.

Any student who is caught doing internships or part-time jobs during modules 1-3 will be

considered for termination by the MSc Academic Committee.

8. DEGREES AWARDED The ESADE official degree of MSc in Finance, MSc in Innovation and Entrepreneurship, MSc in International Management or MSc in Marketing Management conferred by Universitat Ramon Llull (URL) will be awarded to students who meet the following requirements:

Have completed all the required 60 ECTS of their MSc Programme

Have passed, with a grade of 5.0 or above, ALL core courses, ALL specialised courses and

ALL elective subjects as outlined in accordance with their respective Master

Have passed, with a grade of 5.0 or above, ALL seminars for Personal and Professional

Development

Have passed, with a grade of 5.0 or above, the Master Project and defense

The official degree awarded does not mention any specialization, major, language fluency, etc., neither the Sections (A, B or C) nor the elective selections.

How to apply for the Issuance of the MSc official Diploma and Official Transcript:

The MSc Official Diploma and the Official Transcript will certify that students have completed all programme requirements. This is the official final certificate valid for proof of the MSc degree. Students must request the official Diploma and/or transcript through the electronic registrar’s office “E-Office”. For the official transcript, please make sure you select the option "Certificat de notes MSc (Final)". Students will need to specify the following information:

The language of the certificate (it is issued always in English unless students specifically indicate

Spanish in the comments)

The address and telephone number where the hard copy should be sent

An email address and the request in case students want to receive a pdf as electronic copy.

The cost of the MSc Official Diploma is 218,15€ and is determined by the Minister of Education of Spain. The shipping cost for shipping hard copies of any official document has to be paid via credit card when the

online petition in E-Office. As soon as all the necessary documents are received, the corresponding process with the Spanish authorities will commence and students will receive the Official Confirmation of their request for the official diploma issued by the Ministry of Education. Students will be notified when ESADE receives the actual diploma, along with

instructions indicating the final steps required in order for them to receive it. The time required to complete this process will depend on the Ministry of Education, though ESADE anticipates that it may take a while, approx. 3 years.

IMPORTANT: the Official Confirmation is as valid as the official diploma itself. However, students will have to return the confirmation document back in order to receive the definitive official diploma.

Page 20: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

20

The private diploma (certificate of completion) issued by ESADE can be obtained shortly after the defence of the master project.

Certificate of Completion In the instructions from the Registrar’s Office, students will also be asked to reply confirming a postal address where the CERTIFICATE OF COMPLETION can be sent. Whilst requests for the final degree are being requested and processed, a Certificate of Completion is issued automatically for each student, confirming completion of the programme requirements of the MSc. This document is signed by the Dean of the Business School, the General Director of ESADE as well as the Secretary. In order to receive it, students just need to confirm the address where this document should be sent.

9. GRADING SYSTEM According to Real Decreto (“Royal Decree”) 1125/2003 of 5th September, published in the Boletín Oficial del Estado (BOE) num. 224, 18th September 2003, p. 24997, the grading scale to be applied in all higher education official degrees in Spain and its equivalence is as follows: 9 to 10 ................................................... Outstanding (Sobresaliente) 7 to 8.9 .............................................................. Distinction (Notable) 5 to 6.9 ................................................................... Pass (Aprobado) 0 to 4.9 ..................................................................... Fail (Suspenso) NP........................................................................ ............ Incomplete

The faculty members in charge of any course may decide to award an Honours Qualification (MH on the transcript). The Honours Qualification will be awarded at the professor’s discretion to a maximum of 5% of the participants in a class, provided that they have attained an outstanding grade (9.0 or above). Students should note that the Honours Qualification will only be visible on student transcripts, not on final degrees. A Fail grade will be awarded to those students who obtain a grade of 4,9 or less in any given class. Students should also note that an Incomplete received in any MSc course (both core and electives) will be considered a Fail grade.

Students who receive a Fail grade will be expected to pass a retake exam prepared by the professor, which will be scheduled by the MSc Programme Management. In case a retake exam is needed, the final course grade will be 100% determined by the retake exam mark, with two possible exceptions:

The syllabus of the course explicitly indicates the opposite.

The retake exam replaces the ordinary exam for medical or serious familiar reasons, so the student is

still in first attempt.

Retake exams will be scheduled as follows:

Exams failed in Term 1 will have their retake schedule in the ordinary exam period of Term 2.

Exams failed in Term 2 will have their retake schedule in the ordinary exam period of Term 3.

Exams failed in Term 3 will have their retake schedule in the next Fall; at the time of the Graduation

and Master Project Defense.

Pass, Distinction and Outstanding grades are final; that is, there is no possibility of improving these grades by doing the retake exam or by any other form of additional examination. In case an exceptional examination is needed, the final course grade will be 100% determined by the

Page 21: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

21

exceptional examination mark, with no exceptions. Any exceptional examination will be scheduled along with either the ordinary exam or the retake exam of the next academic year, and in accordance with the program in vigor at the time.

9.1. Delivery of Grades

ESADE Business School policy states that student reception of final grades must be no later than 30 days after the date of the last scheduled session of their course, and/or the final exam date for their course.

9.2. Exams and Methodology of the Grading System

The written exam is the habitual method of evaluation, though not the only one. Methodology types include, but are not limited to:

Class participation (qualitative and quantitative)

Mid-term and final exams

Research papers, projects, etc…

Group or individual presentations

Each professor, with the consent of the Academic Director, shall determine the methodology of grading within their own course. This will be communicated in writing to students at the beginning of the course and no modifications to this methodology will be made during the course. Exams will normally be written, however they may also be Oral Examinations. Oral Examinations will be held at the discretion of the professor. They will be public or recorded. A Tribunal may be constituted at the request of the student. The Tribunal shall be made up of the professor imparting the course and two other faculty members from the same department. Students can request a full grade breakdown from professors; that is, class participation grade, final exam grade, etc.

9.3. Examination Regulations

In all exam sittings, the exam will always be taken in accordance with the program in vigor at

that time.

Students sitting examinations shall keep their ID card or Passport together with their ESADE

card on their desks.

Students will be told which materials they may have in their possession and/or use during

the exam. All other materials and personal belongings will be neatly placed in an area of the

classroom/examination hall set aside for this purpose.

The time available for the exam will be clearly stated on commencement of the examination.

Students have the right to know, before an exam starts, how marks will be assigned to

each part/question.

Page 22: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

22

Students may ask the professor for clarification of examination questions. The Professor,

or a representative designated by the professor, will visit each of the examination halls

for this purpose before the exam begins.

Students arriving less than 30 minutes late may sit the exam, though they will not have any

additional time to complete it.

Students arriving more than 30 minutes late will not be able to sit the exam and will be

considered “Absent/Not Present” (NP).

Students committing serious irregularities will be required to hand in their exams and leave

the room. Such irregularities include but are not confined to: speaking with other

examinees, passing on information, consulting books and notes which are not

explicitly permitted, etc.

Students are forbidden to leave the examination hall unless there are two invigilators

present. In this case, students may go to the bathroom one at a time if they are

accompanied by one of the invigilators.

Students who decide to quit the exam may not leave the examination hall during the first

hour.

Students abandoning the examination are required to hand in their examination papers and

scripts.

All examination scripts must show the students forename(s) and surname(s), and should

be signed by the examinee.

Students sitting an exam are required to hand in their scripts bearing the information

specified above, even though the rest of the script may be blank.

Students abandoning the examination once it has begun will be considered to have taken and

failed the examination.

Examination papers shall be collected in where appropriate.

Medical justifications to miss a final exam will be only accepted in the exam day and have

to handle/send the same day. The Director of the MSc programs will be the recipient and will

random audit in person justifications by contacting the doctors and hospitals to verify.

9.4. Examination Results

As previously stated, any irregularities observed during an examination will result in the

expulsion of the students involved, who will be awarded nil marks. However, some anomalies

may only come to light when marking examinations (e.g. suspiciously similar answers by two or

more students). In any of these cases the professor must promptly notify his decision to the

students concerned and to the Academic Director.

Evidence of copying in an exam or test (whether or not this represents a significant

percentage of the final mark) shall lead to the student being awarded a nil mark for the entire

course.

If a Professor notices any sign of plagiarism in papers, that paper will receive a nil grade.

All irregularities observed by any person responsible in the process will be taken to the Academic

Committee and further action will be taken.

Page 23: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

23

9.5. Grade Revision

All students who consider that their examinations could have been incorrectly marked may ask for their scripts to be reviewed. This applies only to written examinations inasmuch as oral examinations can never be repeated in identical circumstances; moreover, students are always entitled to request that they be publicly examined and graded by a jury. The review process has up to three possible (sequential) steps: Informal Review

Reconciliation Session

Official Review

INFORMAL REVIEW The informal review is carried out with the respective professor, or a representative designated by the professor. The exact procedure is defined by the faculty, who will provide students with all necessary details at the time of publishing the final grades. The aim of the informal review is to give students the opportunity to verify that no technical

error occurred when calculating their mark. The student has also the right to ask for a clarification of the grading criteria. In no case shall the informal review be considered by students an opportunity to:

“Negotiate” their marks with faculty.

Questioning faculty’s assessment criteria, which is tantamount to questioning their academic

authority.

Exerting any type of pressure on faculty to change students’ marks for any reason other than objective assessment results (for example, for students to achieve a certain position in a ranking, in comparison to other courses, their supposed level of involvement in the course, etc.).

Faculty shall duly inform the Academic Director of any such attempts, which are considered serious violations the ESADE MSc Honour Code. The Academic Committee will review these cases and will take the appropriate disciplinary measures. While faculty have full academic authority and responsibility in grading students, any modification to the initial grades as a result of the informal review (up or down) will require the explicit approval of the Academic Director.

RECONCILIATION SESSION Should a student not be in agreement with the results of the informal review, s/he may request the Academic Director (in written form) for a reconciliation session. The letter should state her/his disagreement with the result of the informal review, and be handed in to the MSc Program Office within 15 days of the date when the student initially discussed the exam with the professor in question. Programme Management shall arrange the reconciliation session once the student’s formal request has been received. In this session there will be present the student, the professor, the Academic Director and the School’s Secretary General or delegate thereof. Either or both parties (the student and the professor) may also request the presence of an observer for its part. Observers may only

intervene at the request of either the parties involved, the Academic Director, or the School’s Secretary General or delegate thereof. An observer must be a Course Delegate or a person who is suitably qualified regarding the subject in question. Each party shall put forward its case and decide whether to change its position after listening to the other party’s explanations and arguments. The reconciliation session will be minuted by the School’s Secretary General or delegate thereof. The minutes of the meeting will be signed by all present and filed in the MSc Office.

Page 24: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

24

Should the student, the professor and the Academic Director reach an accord, the procedure will finish with the application of the measures agreed. The Academic Director may, where s/he considers the student has abused the School’s review procedures, report the case to the Academic Committee. OFFICIAL REVIEW If no accord is reached during the reconciliation session, the student may request the Associate Dean of the MSc Programmes (in written form) for an official review. The letter should state her/his disagreement with the result of the reconciliation session, and be handed in to the MSc Program Office within 15 days of the date of such session. The Associate Dean of the MSc Programmes will appoint a Commission, over which s/he will preside and which will constitute the Department Director and two department professors of the subject in question, and a third professor from a different department. Should the examination subject for review have been marked by the Department Director, the Associate Dean of the MSc Programmes shall designate another professor from the same department to take his or her place on the Commission. Once the Commission has reached a formal decision, this will be minuted by the School’s Secretary General or person acting in her or his stead. The document will be signed to such effect by all members of the Commission. The original document will be filed in the Registrar’s Office and a copy will be kept in the Academic and Student Affairs Office. The Commission’s decision shall be binding and will be notified to the student in writing by recorded delivery and the student will be required to sign for receipt of the notification. The Commission may, where it considers the professor has acted unfairly and/or the student has abused the School’s review procedures, propose the disciplinary actions it deems appropriate. These rules do not concern collective complaints regarding grading of any particular class, since the proper channel for these is through student representatives (delegates). Collective complaints shall automatically take priority over similar individual complaints.

9.6. Grade Publication and Grade Transcripts

Students will be able to see all their grade information on the intranet as follows: Numerical with historical evolution

Relative qualification (once a course is finished). Please note this option is only available by

requesting it from the Registrar´s Office (grade transcript).

This relative qualification incorporates in full the recommendations made by the European Commission in the context of the European Credit Transfer System (ECTS), and represents a European standard. The goal is of course to allow for fair comparisons among very different grading systems, and grading cultures.

Grade Percentage

A Best 10%

B Next 25%

C Next 30%

D Next 25%

E Next 10%

AP Pass (in case a course does not have a numerical grade)

Page 25: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

25

Remarks

The distribution is estimated for each subject and section. This is to eliminate any subject or

professor effect.

In the case of sections with less than 30 students, the grade is determined using information

from the last 3 years. This is to get sensible statistics.

Failing grades are not considered to elaborate the distribution.

Alphabetical grades from retake exams are determined based on the distribution of grades of

the ordinary exam. The fact that the grade has been obtained in a second (or third) attempt is

also indicated in the transcript.

AVERAGE GRADE CERTIFICATE Two types of average grade certificates are available: - Scale 1-10 - Scale 1-4 More information about transcripts and average grade certificates available can be found in the

EOffice on the Intranet. RANKING CERTIFICATES Two rankings per MSc Programme will be calculated from the weighted average of courses during the Academic Year 1) A temporary ranking based on the Core Courses from the first semester, available from mid February 2) A final ranking based on all final grades excluding the Master Project, available from mid September The NP (non-attendance) grade, implying forfeiting the opportunity to sit the exam, will be awarded a zero grade:

∑ (grade obtained per exam and subject * credits per subject) ____________________________________________________

Weighted average = ∑ (number of exams sat per subject * credits per subject)

Not taken into account in this calculation are: * Language courses * Leave of absence * Exemptions * Pass/Fail * Not graded * Postponements * Non-attendance, when not involving forfeiting the opportunity to sit the exam * Grades obtained in institutions other than ESADE

With respect to grades obtained in the schools and universities where students have carried out their exchange programme, these will not be taken into account when calculating the ranking, since it is impossible to unify the diversity of grading systems and assessment criteria in force in each institution.

The ranking is calculated for the purposes of internal information and for use by programme directors and will be provided to students only if they need a certificate, a transcript transfer or in the case of students terminating their studies.

Page 26: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

26

10. BOARD OF ACADEMIC AFFAIRS DEFINITION The Board of Academic Affairs is an advisory body for Programme Management and carries out the co-ordination and monitoring of academic matters. The MSc Programme’s Board of Academic Affairs shall comply with Article 35 of the ESADE Statute, which states: Each Programme shall have its own Board of Academic Affairs, presided over by the MSc Programme Director. The Programme’s rules and regulations must specify the functions, composition and functioning of the Board of Academic Affairs. FUNCTIONS In general:

Advise Programme Management on all issues concerning the MSc Programme on which it is

consulted.

To draw up reports and submit proposals concerning the running of the Programme and

improvements thereto.

Vouch for the accomplishment of the overall academic policies of ESADE, within the guidelines

established by other bodies in the area of respective competencies.

Inform the Dean of proposals regarding academic issues and the improvement of services. These

proposals should take the form of agreements and should meet the requirements of the Programme

Structure of the current regulations.

Academic functions:

Analyze and make decisions regarding the Programme Regulations to be applied to the following

academic year.

Be aware of global data concerning the results of the academic year. This includes grade distribution

of the students and the aggregate results of satisfaction surveys carried out on subjects and faculty.

COMPOSITION The Board of Academic Affairs is composed of the following members: Permanent members:

The Dean of ESADE Business School

The Associate Dean of the MSc Programmes

The Director of the MSc Programmes

Designated members:

Two MSc Programmes faculty members, designated by the Dean of ESADE Business School Elected members:

Two faculty members from the MSc Programmes, elected by the ESADE faculty

One class representatives from the MSc in Finance, the MSc in Innovation and Entrepreneurship, the

MSc in International Management and the MSc in Marketing Management.

Page 27: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

27

The ESADE General Secretary will act as the Secretary of the Board of Academic Affairs but shall not be entitled to vote. In his/her absence a substitute will be designated amongst the other board members or a Programme Manager, as agreed with the President. FUNCTIONING OF THE BOARD

The members of the Board of Academic Affairs are named for a maximum period of four years and can

be re-elected indefinitely but can be revoked at any time by the member by whom they were named.

The Board of Academic Affairs is considered as formally constituted when the majority of its members

are present.

The Program Director of the MSc Programmes will act as President

The Board will meet a minimum once during the Academic year.

The Board of Academic Affairs may also be convened at the President’s behest, in case of urgency

and/or when half of its members make a request in writing to the President to such effect, indicating

the subjects to be discussed

The Secretary shall convene a meeting at the President’s behest, setting out the agenda at least eight

days before ordinary meetings, and also be responsible for taking the minutes.

Decisions The Board of Academic Affairs’ decisions and accords will be taken on a simple majority basis. The President will cast the deciding vote in the case of a tie.

11. MEETINGS WITH DELEGATES Two delegates per MSc Programme in Management (and section) will be elected by their classmates after the first month of class of Module 1 (Core Courses).

The Academic Directors of each Programme will meet with Delegates regularly to analyse the progress of the courses, to handle daily academic issues and to comment upon opportunities for making improvements to the programme.

12. NOTIFICATIONS AND ANNOUNCEMENTS

12.1. Miscellaneous

All of the information concerning courses (e.g. timetable changes, faculty absences, test, examinations, etc.) will be published on the Intranet and notice boards. This information will be removed once it is no longer current. Any change to these Programme Regulations will take effect when publicly announced and will be added to subsequent versions of this text.

Page 28: PROGRAMME REGULATIONS MSc Programmes in Managementitemsweb.esade.edu/wi/documentos/CalidadyDesarrollo/RI MSc 15-16_final.pdf6 3.1.1. MSc in Finance The MSc in Finance is a full-time

28

12.2. Private messages

The School will not answer or pass on messages or telephone calls to participants except in emergencies. Participants will be notified of urgent messages via email.

13. MATERIALS ESADE has a policy of moving towards a paperless environment. As such, your course materials will be available on Moodle (elearning.esade.edu), an electronic platform where you’ll find most of the information concerning the MSC Programme and classes. In line with this policy, only a small number of printed handouts will be issued.

14. PROPOSALS AND SUGGESTIONS

These regulations shall be valid for the class of 2015 - 2016. Any change to these Programme Regulations shall take effect when publicly announced and shall be added to subsequent versions of this text. Any suggestions concerning these regulations should be made via the delegates directly to the Executive Director MSc Programme during a regularly scheduled meeting. These suggestions will be studied and incorporated in the following academic year if deemed appropriate.

15. INTERPRETATION AND APPEALS

The Director of the MSc programmes shall be responsible for interpreting these regulations.