preterm 2016 - mba inside...merit-based grading (1.5/1 cu, spring semester) – not a forced curve...
TRANSCRIPT
The Basics
What is GIP?
MGMT656
Elective 0.5 cu course
No prerequisites
Pass/fail only
Requires additional program fee
Maximum 35 students per section
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Academics
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• Travel prep sessions• Faculty lectures
ON CAMPUS SESSIONS
• Company visits• Social impact visits• Government visits• Cultural experiences/tourism
IMMERSIVE TRAVEL
• Company profile• Reflections• Final paper
REFLECTIVE LEARNING
2016-2017 GIP Offerings
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Fall 2016India - $2,650• Mumbai• Bangalore• Delhi (& Agra)
Middle East - $3,000• Amman (& Petra), Jordan• Jerusalem, Israel• Tel Aviv, Israel
Africa - $3,400• Dar es Salaam, Tanzania• Zanzibar, Tanzania• Johannesburg, South Africa• Cape Town, South Africa
Spring 2017China – Program fee TBA• Shanghai• Beijing
NOTE:
Fall programs take place between semesters 1 & 2.
Spring program takes place during Spring Break.
Why GIP?
What you can expect to get out of it…
• Deeper understanding of what it takes to business in the region
• Significant cultural overview
• Potential business opportunities
• Expanded network
• A new mini-cohort
• Great stories & remarkable photos
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More Information/How to Apply
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• Information Sessions in September
• Lottery system
• Registration form due to Christine Sweeney in the MBA Program Office by 5 pm on Tuesday, October 4.
• Notification of enrollment status via email on Wednesday, October 5.
Christine SweeneyCoordinator, Co-Curricular ProgramsMBA Program [email protected]
Global Modular Courses
• Three to seven days in length
• .5 or 1 cu
• Travel package for some programs, or $250 fee
Why do GMC?
• Deep dives into global topics
• Experience cannot be replicated in Philadelphia
• Classmate include Executive MBA students and in some cases students from host institution.
• Diverse course offerings
• Global perspective
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Sample of Past Courses Conflict, Leadership and Change: Lessons from Rwanda – Profs. Klein & Kacou, Kigali, Rwanda
Global Supply Chain Management in China – Profs. Fisher & Keh, Shanghai, Shenzhen & Hong Kong, China
Luxury Branding and Retail in Italy & Beyond – Profs. Bell & Kahn, (Partner School-Bocconi University) Milan, Italy
Marketing to the Chinese Consumer-Prof. Zhang (Partner School-Guanghua School of Management), Beijing, China
Marketing in Emerging Economies: Understanding and Marketing to the Indian Consumer – Prof. Raju, Mumbai, India
Necessity & Experimentation: Lessons from Israeli Innovation – Profs. Hsu & Sammut (Partner School-Recanati, Tel Aviv University), Tel Aviv,
Israel
Technology and Entrepreneurship in India – Prof. Hosanagar (Partner School-IIM Bangalore), Bangalore, India
Finance in Europe – Profs. Gomes, Gultekin, and Yilmaz, London, UK
Finance in North Africa & the Middle East – Prof. Gultekin, Dubai/Abu Dhabi
Opportunities and Challenges in Africa: Healthcare and Business in Ethiopia- Professor Ezekiel Emanuel
The Wharton Global Consulting Practicum MKTG 890/895
Why do many alumni consider GCP their most valuable Wharton course?
Wharton Global Consulting Practicum
The Experience of a Lifetime
Wharton Global Consulting Practicum
Real Life Impact: In 2011 GCP developed the US market entry strategy for Lorna Jane
As of 2016 they have opened 213 stores world-wide including 42 in the USA
Wharton Global Consulting Practicum
Responsible for more than US $600 million a year in incremental revenue1
Note:1) Although results are client-specific, this represents an average 45x (45-fold) return on each client’s investment in GCP services
People’s Republic of China
Taipei, Republic of China
United Arab Emirates Paris, France
Santiago, Chile
Madrid, Spain Brisbane, Australia
GCP: A Global Professional Network and Wharton Course since 1978
Wharton Global Consulting Practicum
For nearly 40 years, the GCP network has addressed critical challenges facing companies’ international growth.
Key Highlights:
• Facilitating companies’ entry/growth in the US in collaboration with Partner Schools in Chile, Israel, China, Spain, Taiwan, United Arab Emirates, Australia and France
• Working with for profit and non-profit organizations (“reverse” projects, 3-way projects, social impact projects)
• Top-tier MBA teams executing engagements with companies’ Executives/Senior Managers
• Winter break travel (December-January) to Partner Schools to meet with client and partner team
• Spring semester with Fall semester company research
• Careful guidance by faculty with relevant experience from Wharton & Partner Schools
• Enhanced by an active professional network, assisting the teams and clients – consultants, industrialists, functional experts, lawyers, alumni, GCP Leadership Board
Marketing 890/895Wharton Global Consulting Practicum
GCP: A unique educational philosophy
GCP offers a relatively penalty-free but real world experiential learning environment. Learn by doing; limited lecture time Strive to delight & add value to clients as consulting firm partners Learn from mistakes as you master obstacles Find and manage resources (i.e., professional network) to support your
needs
Merit-based grading (1.5/1 cu, spring semester) – not a forced curve Team grade adjusted for personal contributions Opportunities for continuous feedback and improvement Grade based on value to the client and demonstrated growth, faculty &
leadership input, and—most importantly—your teammates!
Wharton Global Consulting Practicum
Apply concepts, methods and paradigms from the curriculum
Deepen functional/ industry knowledge
360o resource management
International virtual teaming
Become a trusted advisor and decision-maker in any career
Structure the unstructured
Deepen time-management skills
Build your network for ongoing career enhancement during and after GCP
Why participate in GCP?
Wharton Global Consulting Practicum
Basis for team selection
Commitment (to GCP andto your team) Relevant experience and
skills Balance of strengths
needed for project Leadership and teamwork Flexibility
Wharton Global Consulting Practicum
Info Sessions:
September 13 – 12-1 pm (JMHH F50)
September 14 – 12-1 pm (JMHH G55)
Interested? Questions?Contact us at (215) 898-2483 or [email protected]
www.whartongcp.org
Leonard LodishLeader and [email protected]
Jeffrey BabinSenior Project [email protected]
Sarvelia [email protected]
Katharine MillerProgram [email protected]
Academics• Full semester, half-semester, or summer study at a partner school• 4 Wharton credit units on semester exchange• 2 Wharton credit units on half-semester or summer exchange• With departmental approval, coursework may count toward the major. No core
substitutions.• No extra tuition charge within 21 credit units; living expenses not included
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The Wharton/INSEAD Alliance
• Started in 2001
• Approximately 50-70 students in each direction, each year
• Students take a minimum of 3 INSEAD credits per period/quarter (1 INSEAD cu = .67 Wharton cu)
• Can study for 1 or 2 quarters (consecutive or separate, Fontainebleau or Singapore or BOTH!)
• Opportunities for INSEAD exchange are in the summer session following the first year; quarters 1, 2, 3, and 4 of the academic year; and the summer following second year
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Fontainebleau Singapore
New MBA International Exchange partners
• Full exchange semester (13‐14 weeks in the fall/spring semester)
• 6 week modules• Doing Business in Israel – a 10 day
program focusing on innovation and entrepreneurship on Israel
• Full‐time MBA Program ranks within the World’s Top 10 in the Financial Times MBA Global Rankings since 2010.
• World No 8 and No 1 in Asia in 2013
SDA Bocconi - Track in Luxury Business Management
Option 1: Developing strategy for a typical Italian SME active in the made in Italy sector (jewelry, yacht, furniture, possibly fashion). Meeting with company for an initial brief, mid-project, and for the final presentation. The project will be tutored by a SDA Bocconi faculty member. Option 2: Two month internships and field projects. Offered by Bulgari or other leading firms in luxury-related businesses (e.g. LVMH or PPR group) partners of the track on key strategic and managerial issues in luxury business. Double location: Milan, at SDA and Rome at Bulgari, via del Tritone headquarter
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The Application Process
• When do you apply?
o Mid-October for spring and summer exchanges (2nd years)
o February for summer and fall exchanges (1st and 2nd years)
• What do we look for?
o Persuasive and well written essay
o No failed classes/academic probation/ethics violation
o Graduating class
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Sources of Information
“International Opportunities” under the Academics• Exchange calendars• Partner school fact sheets• Links to partner school websites• Policies and guidelines• Application form
IEP Info SessionsIncoming exchange students from our partner schools
• International Exchange Student Reception• Be a buddy for exchange student
Second year students who have gone on exchange
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Curriculum Fall 2016
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Course Units Course # Instructor
Regional Seminar (required for participants) 0.5 OIDD695 Karl Ulrich
Influence 0.5 OIDD693 Cade Massey
Operations Strategy Practicum 1 OIDD680 Morris Cohen
Negotiations* 1 MGMT691 Peter Cappelli
Technology Strategy* 0.5 MGMT731 Karl Ulrich
Venture Capital & the Finance of Innovation* 1 FNCE750 David Wessels
Strategic Issues in Equity Finance 0.5 FNCE883 David Erickson & David Musto
Digital Marketing & Electronic Commerce 0.5 MKTG727 David Bell
Legal Aspects of Entrepreneurship* 0.5 LGST813 Matt Rossiter
Field Application Project (FAP) 1 MGMT653 Keith Weigelt
Global Immersion Program (GIP) 0.5 MGMT656
Collaborative Innovation Program (CIP) 1 MGMT892
*Counts towards the Entrepreneurial Management Major
Regional Seminar – Fall 2015 Speakers
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• Jon Sobel (WG'07), Cofounder and CEO, Sight Machine• Lisa Falzone, Cofounder and CEO, Revel Systems• Mark Gainey, Cofounder and CEO, Strava• Andrew Chen, Investor and Tech Blogger• Susan Feldman + Alison Pincus, Cofounders, One King's
Lane• Steffan Tomlinson, CFO, Palo Alto Networks• Parker Conrad, Founder and CEO, Zenefits• Aisling MacRunnels, Chief Development Officer, Jive
Software• Mihir Gandhi (WG'10), GM San Francisco, Munchery• Ania Smith (WG'02), Head of Business Operations,
AirBnB• Prasad Thammineni (WG'07), Chief Product Officer,
Choose Energy• Wayne Lin (WG'11), VP Product Management, Opower
Application Process & Logistics
When do you apply?• 1st round applications in November/admission in January
• 2nd round applications in April/admission in May
What do we look for?• Strong academic performance – no academic probation
• Persuasive and well-written essays
• Conduct becoming a Wharton student
What are the associated costs and fees?• Program fee: $5000 per student
• Merit based fellowships are available
• Participants are responsible for transportation and housing
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