Required Essay Describe your short-term and long-term career goals. Applicants are asked to provide information about their immediate post-graduation and longer-range career plans, and to comment on how Anderson will help them get there. Candidates can cover this content in either order: Either way, applicants should identify the specific position they hope to obtain after graduating from the MBA program, and may even want to identify target organizations for which they would particularly like to work.
Or leave a comment below. If you know some ways we can make it better, please send us an email: Welcome to the show, Dirk! Hi, Darren, thanks for having me! We understand entrepreneurship much broader than setting up only your business back in your home country or in other places, but as well we understand entrepreneurship as corporate venturing, business development, expanding family business, take over family businesses, social entrepreneurship.
So within the MBA program all of our MBA students have to write a business plan as a mandatory project and you can continue your entrepreneurial venture throughout the program and actually present it to investors at the end of the program. The second part or second aspect is about change.
So we emphasize on change, personal changes, corporate changes, global changes, changes impacting on something in any time, especially in a more and more globalized world, fast changing environments, where we have to adapt.
So we definitely showcase this within the program. Nonetheless, I will emphasize that uniqueness is a kind of personal attribute. So what might be unique for some person about IE might not be for another person.
So you usually select an MBA program mostly for personal reasons and you have really to see the fit for your person, your profile into that institution and to see how the institution fits to you.
Can you just talk a little bit more about the Venture Lab and the opportunity for students who are interested in entrepreneurship, what opportunity that gives them?
The Venture Lab has two phases. Every student, as I mentioned before, can actually write the business plan throughout the program with support from faculty members, alumni from IE in the particular industry or function you want to develop your business.
At the same time, there is a group of projects which get elected for a more specialized Venture Lab in which you get professional assessment from lawyers, from communication agencies.
Usually those are projects which are on high demand for angel investors and investors in general.
At the end of the program, you always have the chance to present your business plan to investors. We are conducting not only for graduates, but also for our alumni, Global Venture Days, which we have been running already in Latin America, in Asia, Middle East, in Europe of course, where alumni and graduates actually can present the business plans to local investors.
Many times investors in Spain are not too familiar with Vietnam or China or the region, so they might not be interested in investing in projects which are happening in these regions, but at the same time taking the Venture Days outside of Madrid and bringing them where the projects are going to happen increases likeliness to get funding from investors.
So maybe IE could also stand for International Entrepreneurship as well. Yes, sometimes people take that as a reference.
I mentioned change, so we have been working in our Change in Action section addressing kind of global topics.
At the same time, we have been developing recently quite a range of double degrees with the universities, mainly in the US, Brown University, Yale, MIT, where students can get a second degree, one European degree, one usually US degree, which gives them access to two brands, two alumni networks and allows them to scale their investment.
We are working as well with universities in Singapore, China, South Africa, Brazil, UK, US, on short exchanges, which are one week exchanges to certain regions to learn more, get more exposure to those areas, can be as well focusing more on certain industries where IE might not be totally specialized in, such as luxury brand management or other fields where there are more experts in other universities.
The overall student body at IE probably has about different nationalities at any present time on the campus Darren: So it sounds like a very international experience and network, but why should candidates get their MBA in Madrid and in Spain in particular?
There are several aspects. Secondly I would say language. Learning Spanish is not just only a survival necessity for being in Spain, but if you think about it as a business opportunity, you have the whole Latin American continent, which is Spanish speaking, and business opportunities are rising between Asia especially and Latin America in recent times.
So it definitely is as well an opportunity after graduation if you manage to speak the language. Definitely thinking about Spain and what has been in the media over the past couple of months or years is the crisis, euro crisis. Spain has been one of the focal points.We spoke with Alex Lawrence, the Assistant Dean of UCLA Anderson Admissions and Financial Aid as part of our Admissions Director Q&A series.
Podcast: Play in new window | Download This week Mr. Dirk Hopfl, Managing Director, South East Asia, Hong Kong and Taiwan at IE Business School, joined the show to talk about the IE MBA, a month program focused on entrepreneurship and change management.
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If you’re a regular reader of this blog, hopefully by now you know that they need to know you well, more than just as a friend, and must be able to provide specific stories that support the main themes that you want to highlight in your application.
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