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Business school joins global OneMBA program


Carolina's business school is among a group of five schools representing Asia, Europe and North and South America that has formed a partnership to design and deliver OneMBA, a premier global executive MBA program that is radically different from the global programs offered by other leading business schools.

OneMBA is distinguished by its span of five business cultures in Asia, Europe and North and South America. It connects a globally diverse network of executives living and working on four continents.

The OneMBA curriculum was developed jointly and will be taught by leading faculty from Kenan-Flagler Business School and each of these four other partner schools:

* The Chinese University of Hong Kong (CUHK), Faculty of Business Administration, Hong Kong SAR, China;

* Fundação Getulio Vargas, Escola de Administração de Empresas de São Paulo (FGV-EAESP), Brazil;

* The Monterrey Tech Graduate School of Business Administration and Leadership (EGADE-ITESM), Mexico; and

* Erasmus University Rotterdam, Rotterdam School of Management (RSM), The Netherlands.

The rigorous 21-month program will begin September 2002 with a global class of approximately 100 senior executives distributed across the OneMBA campuses around the world. They will study together during four experiential learning modules delivered in Asia, Europe and North and South America, and at their home business schools.

"The MBA is no longer an American concept," said Robert S. Sullivan, dean of the Kenan-Flagler Business School. "In 2001 what it takes to lead a global business is in the process of being dramatically redefined. Our collaboration has created a new standard for global executive MBA education in response to this need. Its curriculum was jointly developed and will be taught from five distinct cultural and economic perspectives.

"A key benefit of this program is rich interaction among the most globally diverse network of international executives ever assembled in an executive MBA program. The program will graduate executives ready to lead their organizations through the massive change and opportunities created by an emerging global economy."

Executives will study at their home business schools for two-thirds of the program. They will spend one-third of the program together in experiential learning modules held in locations around the world. Local professors will deliver the modules in their own regions, with core courses coordinated across all OneMBA campuses. In addition, executives will work on three international teams during the program to develop skills in cross-cultural interaction and global virtual teamwork. Graduates will receive an MBA degree from their home universities as well as the OneMBA.

Companies sponsoring participants in the OneMBA Program benefit from exposing their executives to the key issues and business practices in markets worldwide. Executives will learn to apply new tools and skills globally and locally and will build their cross-cultural business skills as they work together on global virtual teams.

"OneMBA recognizes that all organizations, whether local or multinational, cannot escape the influence of international business," said Kai Peters, dean of the Rotterdam School of Management. "There is an inherent duality in management today. Managers need to balance the demands for best local practice with an increased global insight.

"Companies will benefit from their managers' increased ability to create value -- not only from the knowledge and regional networks which are created, but also from the in-depth global experience offered through the collaboration of the partner schools."


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