cbs_brochure_2012_-_2013 mba brochure
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Full-time MBAAN EXECUTIVE CBS PROGRAM
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The CBS ambition is to make
a positive difference in society.By working together, we can
achieve that goal.
Alan Irwin
Acting President, Copenhagen Business School
Welcome to Copenhagen Business School
Copenhagen Business School (CBS) was founded
in 1917 to meet the business sectors demand for
highly qualified people. Today it is the largest busi-
ness school in Europe. CBS offers a comprehensive
range of programs in business economics and mod-
ern languages for international business communica-
tion on bachelors, masters and PhD level.
Developing Competencies for the Future
At the cutting edge of lifelong learning and leader-
ship development for executives and professionals,
CBS offers a Full-time MBA, Executive MBA and a
wide range of Executive Master programs as well as
a strong portfolio of company specific courses and
industry specific programs
www.cbs.dk/ftmba2
We believe that managers can only create true
value for their companies when their management
knowledge is leveraged by personal competencies.
Developing competencies - skills development - is a
natural part of the quality assurance of CBS programs.
International Quality Marks
Internationally oriented, CBS maintains close
partnerships with the business community and has
exchange agreements with more than 300 universi-
ties and business schools worldwide. In addition to
the AMBA, EQUIS and ACE accredditations, CBS
is a member of CEMS - Community of European
Management Schools which only accepts one
university as member from each European country.
Furthermore, CBS is also a member of PIM
Partnership in International Management a
corresponding international consortium of prestigious
business schools.
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www.cbs.dk/ftmba 3
The Copenhagen MBA
2 Welcome to Copenhagen Business School
4 The Copenhagen MBA
6 Leadership Discovery Process
8 Entrepreneurship
10 Strategy Project
12 Program Outline
14 The Courses
18 Careers
19 MBA Alumni Network
20 Corporate Connections
22 Faculty & Learning Approach
24 Admissions & Fees
26 Wonderful Copenhagen
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Attracts the best brains to Denmark
The Copenhagen MBA
The one-year Full-time MBA at Copenhagen Busi-
ness School attracts talented professionals from
around the globe to Denmark for an intensive and
collaborative learning experience. International in
outlook, the foundation of our program is based
on Scandinavian thinking which is characterized
by trust, teamwork and respect for the individual.
During the MBA, you will get a chance to explore
the Scandinavian leadership approach and work
with successful executives and professionals as
mentors and coaches.
Our MBA is a well-balanced program, designed to
prepare you to manage, lead and transform busi-
nesses and make a difference. You learn to master
the business essentials through the core courses;
the leadership discovery process takes you on a
journey of personal and professional development,
and the entrepreneurship component develops
your capacity for creative thinking and identifying
business opportunities.
Cross-disciplinary Approach
CBS takes a cross-disciplinary approach in our
education as well as research. As an MBA partici-
pant, you will learn to deal with complex business
challenges with a broad mind, as well as creating
synergy and integration across functional areas of
management. During the strategy project, you learn
to deal with ambiguities and complicated real time
strategic challenges. You will learn to appreciate
multiple perspectives and open up to new method-
ologies and perspectives.
Strong Danish Business EnvironmentBeing one of the most competitive economies in
the world, Denmark offers a wealth of successful
and innovative businesses which are always happy
to be engaged in our activities. You will find a strong
corporate presence from Denmark and abroad,
who work alongside us as speakers, recruiters and
clients of strategy projects. Each year, a high profile
successful business leader assumes the role of
Class Ambassador of the program.
Worlds Most Liveable City
The city sets the standard for low-emission
urban living. Copenhagens community-focused
architecture coupled with the Danes civic
commitment to looking after one another and
their unyielding bicycle-obsession are all reasons
why this city always ranks so high. This is how
renowned lifestyle magazineMonocledescribed
Copenhagen in its Quality of Life Survey of June
2010, where the city was ranked number 2.
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The CBS Full-time MBA Program A Unique Experience
Restricted in size and selective in admission, this
is an exclusive MBA program with a population
of smart, engaged, experienced, pleasant, and
extremely international students.
CBS is not a student factory but a thought machine
where student brains are charged and challenged
in various ways from day one. The program has
state-of-the-art coverage of all core management
disciplines combined with relevant elective courses,
all taught by world-class faculty.
The courses reflect a Scandinavian management
style where social responsibility permeates the en-
tire curriculum. Creative thinking and entrepreneur-
ship are central aspects of the program. Leadership
skills are honed through a personal discovery pro-
cess that offers unique mentoring sessions to share
ideas with seasoned executives.
Classes are conducted in an informal learning
atmosphere where knowledge and understanding
is formed by selective expertise and joint reflection.
Everything can be questioned and challenged in the
quest for new insight and it is paramount to have
fun in the process.
5
If you have the ambition to
become a driving force in
shaping the global businesscommunity of tomorrow, I urge
you to consider joining the CBS
Full-time MBA program and
excel your aspirations.
Torben Juul Andersen
Professor and Associate Dean
Torben Juul Andersen is Professor at the Centerfor Strategic Management and Globalization and
teaches Strategic Management at the Full-time
MBA Program. His scholarly activities are focused
on corporate strategy development, effective strat-
egy-making processes, and strategic risk manage-
ment issues. He is the author of several books on
multinational and strategic risk management and his
research is widely published in international journals.
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The Leadership Discovery Process was
an introspective and intense experience,
initiating a challenging, yet self-defining,
process which led to the awakening and
honing of practical leadership skills.
Luis Martinez
Supply Chain Developer,
Business Development, A.P. Moller-Maersk Group
To dare is to lose ones footing momentarily.
Not to dare is to lose oneself.
Soren Kierkegaard
Danish Philosopher
Luis Martinez originally came to Copenhagen Business
School from Mexico and has embarked on a highly
successful career in Denmark since the end of his Full-time
MBA in 2009.
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Entrepreneurship
Entrepreneurship
We do more than let you dream, we stimulate you to
broaden your mind in search for the right opportuni-
ties. We teach you how to analyze them, study and
develop them into practical business concepts. We
help you to build a business model with tailor-made
entry-and-growth-strategies. We motivate you to
start your own business.
Our unique entrepreneur development program is
all about opportunity recognition and analysis using
your profile as a starting point. Our program for de-
veloping business models and business plans has a
clear goal of making opportunity into a real venture.
With practical assignments in association with sea-
soned entrepreneurs, with innovative teachers and
guest speakers and with coaching, advisory board
participation and business plan competition in col-
laboration with Venture Cup/Denmark, local science
parks and venture capital organizations, we offer
you outstanding entrepreneurial learning experience.
The value is understanding the start-up process; it
is the entrepreneurial mindset where opportunitiesbecome your business.
A-Board
The A-Board is an advisory board program for small
and medium sized companies. Three students sit
on the Board of Advisors with the entrepreneur(s)
from the company and the Chairman of the Board.
The aim is to help entrepreneurs develop their
companies by assisting them in making important
decisions and clarifying their vision and mission.
Venture Cup
Venture Cup is a cross-disciplinary business plan
competition run by five Danish universities. The aim
is to turn ideas and research into viable businesses
as well as to inspire and support students and fac-
ulty in becoming entrepreneurs. Similarly, to increase
the number of skilled entrepreneurs and start-up
companies, as well as the creation of radical innova-
tion in Denmark.
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Our diverse A-board group was assigned to an amateur artist network-
ing website. We brought to the table some of the extensive knowledge
that we have gained in the MBA in addition to the practical knowledge
from our previous work experiences. We used our true analytical exper-tise to help explain why certain courses of action should be taken and
how to do it. They were extremely happy with the results and although
this is a work in progress we predict a great future for this sincere artist
community and will strive to provide them with the knowledge, advice,
and analysis that will help them become a global competitor.
Jonathan Wiley
Full-time MBA Class of 2011
Dr. Eythor Ivar Jonsson is an Associate Profes-
sor at Copenhagen Business School and is
responsible for the Entrepreneurship courses
at the MBA Program. His first book about en-
trepreneurship was published in 1998 and he
has written hundreds of articles about related
subjects. Eythor has been involved in dozens of
start-ups, has been the chairman of more than
60 boards, evaluated hundreds of business
plans and educated thousands of people in
entrepreneurship. He holds a Masters degree
in finance, marketing, international business
and management consulting and a Doctorate
degree in corporate governance. His fields of
research are: the role of boards, opportu-
nity recognition, incubation, entrepreneurial
mindset, venture creation, internationalization of
SMEs, venture capitalism and transformationalstrategy.
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Strategy Project
The Copenhagen MBA concludes with an inte-
grated client-based strategy project. This is the final
challenge of the program. Teams of MBA partici-
pants, under the guidance of faculty and experi-
enced executives, conduct an integrated strategy
study for an internationally oriented company in
Denmark and the resund region.
The strategic project reflects the MBAs ability to
utilize relevant theories, models and methods of the
various modules taught and apply them in a con-
crete strategic problem formulation of own choice.
In addition, the MBAs are expected to display the
ability to identify a strategic problem area in a busi-
ness/organization, select and adapt the relevant
empirical data plus structure as well as complete a
complex problem consideration and analysis within
a limited time frame. Lastly, all results and conclu-
sions must be well documented and presented in a
well-argued, brief and precise manner.
Some of the issues that have been researched in
the past include strategies for entry into a new market
product market strategy for a business unit
exploring new business opportunities
new approaches to supplier relationships
identication of acquisition targets
Opening up to a dedicated team of investigators from the CBSFull-time MBA can challenge assumptions, increase your flexibility
and strengthen your vision - a risk/return-framed sanity check your
investors/owners would love you to do.
Thomas Tscherning
Director, BankInvest
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The following companies have recently
invested in our strategy projects:
On one hand, this experience has been extremely valuable in learningto create a synergy amongst ourselves as a performing team; while on
the other hand our efforts will produce a strategy document analysis,
bringing to light issues and initiatives that are worthwhile for HP to
consider in attaining their goal.
Hewlett-Packard Strategy Group 2011
Moataz Anany(Egypt), Maryam Kazemieh (USA), Fransisco Raya Portero (Spain),
Dimple Sharma (India), Todor Todorov (Bulgaria)
3M
Alfa Laval
Bank Invest
Better Place
Carlsberg
Dana Lim
Danisco
Deloitte
DHL Denmark
Dong Energy
Falck Health Care
Ferrosan
Grontmij | Carl Bro
Hempel
Hewlett-Packard
Kopenhagen Fur
Kvadrat
Lundbeck
Microsoft Denmark
MillionBrains
Nestl
NetDesign
Nokia
Novo Nordisk
Novozymes
Nykredit
Siemens
Stelton
Topo Target
VKR Holding
Vestas
Winterthur
Wonderful Copenhagen
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BusinessEssentials
Program Outline
BusinessEssentials
Electives
Managerial Decision-Making
Management Accounting
Organizational Behavior
Economics
Marketing Management
Human Resource
Management
Entrepreneurial Mindset
Financial Accounting
Change Management
Managing the
Global Supply Chain
Strategic Management
International Business
Corporate Finance
Corporate Branding
Mergers & Acquisitions
International Negotiations
Corporate Governance
Corporate Social Responsibility
Business Development
Managing Innovation
Design Management
Annual Additional Elective
Integrated Strategy Project
September 2012 August 2013
Leadership Discovery Process
Entrepreneurial Mindset / A-Board / Venture Cup
Key Program Dates
Pre-MBA: 10-13 September 2012
Introduction Program: 17-21 September 2012
MBA Classes Commence: 24 September 2012
The CBS Full-time MBA course is tough but practical, and it hasenhanced my entrepreneurial spirit and management skills. This people
focused, unique and advanced program boosted my growth as a
leader. The most valuable opportunity was to reflect on myself as a
leader through the Leadership Discovery Process.
Masayuki Takeda, Japan (Full-time MBA Class of 2009)
Marketing Consultant
Brains Gate Co., Ltd
Japan
Christmas Break: 21 December 2012 -
06 January 2013
Program Ends: 24 August 2013
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A year that will change your life
The Copenhagen MBA has been designed to offer
a strong business perspective with emphasis on
active real-life cases while retaining a critical ap-
proach to theories, concepts and methods applied
to managerial decision-making. During the one-year
program, participants will get a thorough grounding
in the business essentials. Building on this founda-
tion, we will proceed to cover the challenges in
managing in the international business environment
as well as leading and managing entrepreneurship
and the innovation process.
Pre-MBA
For participants who need to refresh their knowledge
in the fundamental issues in Accounting and Eco-
nomics, we offer a one-week optional pre-MBA for
DKK 7500. We highly recommend all participants to
participate in this week.
Introduction Week
The Copenhagen MBA is developed with the aim
to bring talented professionals to Denmark who will
contribute significantly to the international develop-ment and competitiveness of the Danish industry.
To kick-start the MBA, you will find yourself warmly
welcomed by the administration, faculty and our
class ambassador. Furthermore, you will be intro-
duced to the key elements of our MBA, including
the Leadership Discovery Process and the Entre-
preneurship Program.
All participants will be required to attend the
Introduction Week, which gives you the chance
to adapt to your new environment at CBS and
the opportunity to get to know your fellow MBA
participants.
Combining Theory and Practice
As part of the curriculum, participants will be en-
gaged in the Leadership Discovery Process where
they will sharpen their personal and professional
leadership skills through practical assignments and
supporting theory. Experienced corporate experts
will also share their leadership experiences from real
life during the mentorship sessions that are integral
to the program.
The Entrepreneurship Program is designed to
invigorate the entrepreneurial spirit of the participants
through the Advisory Board program and the Busi-
ness Plan competition that is coordinated in collabo-
ration with Venture Cup Denmark. Speakers from
the business community as well as academics from
the business research centers at CBS will deliver
talks on topics such as systematic idea generation,concept development and managing the innovation
process among other aspects.
The Integrated Strategy Project is the final element
of the program where participants put theory into
practice. It is a four-month hands-on experience
where small teams spend this period with a real
company on a strategic project.
Porcelaenshaven where MBA classes are held.
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The Courses
The teaching in the MBA auditorium includes the use of cases, guest speakers, simulations and active partici-
pation. Your participation should be based on thorough preparation. Good preparation will increase the take
away for the individual participants and for the fellow participants listening to and participating in the discussion.
Throughout the MBA year, participants will be evaluated on the basis of a mixture of exams, papers, group-
work, presentations and class participation.
Business Essentials
Managerial Decision-Making
Decision-making is at the heart of managerial work. This
course focuses on the individual and collective factors that
affect decision-making and managerial choice. The intentis to better understand the decision-making process, the
individual and group processes that may compromise
effective decision-making, and approaches that practicing
managers may use to make better decisions.
Management Accounting
The course provides a framework for analysing and
understanding management accounting systems (like
budgeting, cost allocations, standard cost systems,
responsibility accounting and transfer pricing as well as
more recent innovations like the balanced scorecard and
activity based costing) serving two functions: decision-
making and control. The course relies on opportunity
cost and organizational architecture as the underlying
framework to organize the analysis and demonstrates
that managerial accounting is an integral part of the firms
strategy implementation and decision-making, not just an
isolated set of computational topics.
Organizational Behavior
This course relates existing theory and research to
organizational problems by reviewing basic concepts in
the following areas: individual motivation and behavior,
small group behavior and group dynamics, leadership,
communication, inter-group conflict and co-operation,complex organizational structure, organizational culture
and relations between organizations and environments.
The course focuses on the ways in which organizations
and their members affect one another and exposes
participants to conflicting frameworks for diagnosing and
dealing with problems in organizational settings.
Economics
The course in Economics has two distinct parts: Industrial
Economics and Macro Economics. The aim of this course
is to provide participants with a thorough understanding
of the theories, concepts and frameworks developed in
industrial economics, as well as a working understanding
of central parts of macro economics. The course gives
an essential understanding for strategy development and
decision-making. The teaching in industrial economics is
intended to give future executives an understanding of
the nature of competition as industries develop andrestructure. Macro economics provides an understanding
of how consumers and firms are affected by the economic
policies pursued by governments and central banks.
Marketing Management
The objective of this course is to familiarise the participants
with the analytical concepts, frameworks, models and
methods that have become fundamental to marketing
decision-making as well as to marketing strategy. The
course guides the participant through the development
and use of marketing models in all four areas for market
management: market sensing, market relating, market
prioritizing, and market creation. Emphasis is given to
understanding markets and customers in order to
implement value-creating solutions for both customers
and suppliers. The course covers business-to-consumer
and business-to-business marketing.
Human Resource Management
The objective of this course is to provide a better under-
standing of key components and concepts of strategic
human resource management to attract, retain, develop
and dismiss people. The discussion will centre on issues,
challenges, trends and developments within Scandinavian
and international organizations as well as the impact ofhuman resource policies and practices on organizational
performance.
Entrepreneurial Mindset
This course is focused on starting a company and invi-
gorating companies with entrepreneur spirit. The purpose
is to explore the entrepreneurial mindset as one of the key
elements in the CEO skill-set. The focus will be on idea
development and opportunity recognition, opportunity
analysis, creativity and vision. The objective is that stu-
dents will understand the importance and the implications
of the entrepreneurial mindset for running companies.
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Financial Accounting
The course provides an introduction to fundamental
concepts and models of Financial Accounting. The
objective is to develop the participants ability to read,
understand and use financial statements. Core topics
include the balance sheet, the income statement, the
cash flow statement and relevant financial ratios. The
course is viewed both from a managerial and an investors
point of view.
Change Management
This course examines theories of change and
development as they apply to organizations, groups
and individuals, and explores the way in which differenttheoretical perspectives on change are reflected in the
range of approaches that can be applied to the diagnosis
and solving of problems in organizations. Attention is given
to the critical issues that need to be considered when
developing and implementing a plan for change. Attention
is also given to change agency and styles of intervention.
Managing the Global Supply Chain
Global supply chain management has become recognised
as a major factor in the performance and competitiveness
of organisations. Where an organisation deals with physi-
cal products their logistics costs can range from between
3 and 25% of sale price. However, all aspects of business
are beginning to understand how customer service is also
directly affected by the principles employed in the busi-
ness. This means that service industries can adopt and
harness operations and supply chain management con-
cepts to improve their performance. The objective of this
course is to provide participants with an introduction to the
concepts of operations and supply chain management.
Strategic Management
This course offers the participants the opportunity to view
the corporation from a strategic perspective as well as an
overall general management of the firm. It focuses on thedetermination of the strategic direction of the firm, as well
as the long-term value creation processes within the firm.
The central goal of the course is for the participants to
develop a perspective of the general managers role and
responsibilities. Thus, the sessions focus on developing
the participants ability to understand a firms strategic
situation in depth, and to develop viable alternatives for
dealing with the key issues facing it.
The course also examines the tools developed for inves-
tigating the firms industry and competitive environment.
Furthermore, strategy at the business
unit, divisional and corporate level is studied.
Corporate Finance
Corporate Finance mirrors the financial future of a com-
pany. Participants are first introduced to the basic risk
and return concepts and subsequently develop finance
related performance measurement concepts and link
them to issues of capital structure. Sustainable growth is a
key model for understanding how to manage a company
financially. Further topics covered by the course include:
portfolio management / asset management as well as
venture capital and key employee stock options within
knowledge intensive companies.
International Business
This course is interdisciplinary in nature and thematic inorganization. The course provides exposure to a wide
array of factors influencing business decisions in a global
context. Highlighted in the course is the increasing
reliance on information and communications technology
as a means of providing accessibility to distant markets,
shortening the length of distribution channels and enabling
global partnerships. The objective of the course is to
provide the participants with both analytical skills and
practical insights into the management of international
business.
Electives
A range of electives are offered from which 5 must be
chosen, although it is possible to sit-in the others.
Following is a sample of the types of electives taught on
the MBA:
Mergers & Acquisitions
The course takes participants through the entire Merger
& Acquisition process. From identifying target companies
to post-merger integration, participants are introduced to
the latest frameworks and tools to ensure successful M&A
transactions, but also learn how to avoid the common
pitfalls of M&A. The course has an integrated and
multidisciplinary approach to M&A. The course com-bines strategic, economic, financial, legal, technical and
organizational approaches to M&A. The course aims to
equip participants with knowledge to understand mergers
and acquisitions at the strategic, tactical and operational
level. Specifically, it aims to integrate the management of
strategic, financial and leadership aspects in support of
value-creating mergers and acquisitions.
International Negotiations
The purpose of International Negotiations is to help you
understand the theory and processes of negotiation in a
global setting. It will cover the basic negotiation concepts
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but will also investigate issues that can be particularly trou-
blesome in the global setting. The course complements
the technical and diagnostic skills learned in other courses
at CBS. While a manager needs analytical skills to discover
optimal solutions to problems, a broad array of negotia-
tion skills are needed to get these solutions accepted and
implemented in the global business environment.
Corporate Governance
Corporate Governance is the control and direction of
companies by shareholders and boards. The course is an
introduction to the mechanisms of governance including
ownership structure, board control, management incen-
tives, business ethics, shareholder value maximization,family ownership and international differences in corporate
governance. The course is both analytical and case-
based, including case studies.
Corporate Branding
Increasingly, corporations create relations with all of their
stakeholders based on who they are and what they stand
for, turning themselves into corporate brands. In this way,
corporate branding provides a framework for building the
business around brand visions and identity. This course
argues that in order to realize the full potential of corporate
branding for global competitiveness, organizations must
align their strategic vision with the culture of their
employees and images held by their multiple external
stakeholders. The course offers a conceptual framework
for corporate brand management and discusses the
challenges of brand execution based on a number of
case examples.
Corporate Social Responsibility
This course introduces the concept of Corporate Social
Responsibility (CSR) and looks at the link betweensocial responsibility and financial performance, social
auditing, accounting and reporting, ethics and business.
The objectives are to introduce basic ethical principles
relevant to the world of business and illustrate the
application of concepts such as triple bottom line,
sustainability and socially responsible investment by
using a range of case studies.
Interacting with students from all over
the world and watching them develop
during our 12 months program is
incredibly rewarding. We take great
pride in delivering an intensive and
challenging MBA program while
creating a learning environmentfocused on reflective learning and
individual talent.
Michala Rder, Lee Milligan
and Malene Sejer Larsen
Full-time MBA Team
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Business Development The Start-Up Process
This course is oriented towards starting and running a
company. The focus will be on testing business concepts
and developing them into a business plan. Furthermore
there will be emphasis on the practice of entrepreneurship
and entrepreneurship strategies. The main project of the
course is writing a business plan.
Managing Innovation
The course explores what it takes for a firm to develop
and launch game changing products. Developing break-
through new products is a huge challenge for established
firms, since most of the R&D activities of such firms are
aimed at developing upgrades and improvements forcurrent markets based on existing technology platforms.
More specifically, the strategy, structure, processes
and culture of these firms tend to be geared towards
serving current markets with upgrades for existing product
concepts using familiar technologies. The course builds
on emerging insights about how mature firms can develop
competencies in radical innovation management by
putting the spotlight on the following four areas:
1) innovation strategy; 2) corporate ventures & open
innovation; 3) innovation process (idea generation &
selection, project management, project evaluation, and
market learning); and 4) climate for creativity & innovation.
Design Management
Design is increasingly considered to be a key source of
competitive advantage in global competition. A design at-
titude and mindset is also a crucial skill for managers who
want to lead an innovative organization. The course aims
at providing models, methods and guidelines for how to
leverage design for creating innovation, brand value and
competitive advantage. It deals with development and
implementation of a design strategy.The course is based on lectures, teamwork, case discus-
sions and speeches by guest speakers.
Semester 4
Strategy Project
Please refer to page 10 for more information.
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Careers
The MBA offers many opportunities for participants
to accelerate their career development. While
some may consider working on a more strategic
level in their prior industry or functional area,
others may consider exploring new options and
may move to a new country. Careers is regarded
as an integral component of the MBA program.
We aim to serve the needs of both the MBA
participants and potential employers.
One-on-one coaching sessions take place with
each participant throughout the program. Fur-
thermore, workshops are held to improve the
participants job search skills. Topics covered in
these workshops include goal setting, CV writing,
motivational letter writing, interviewing, presenta-
tion, networking and negotiation skills. We are
prepared to inspire, engage and coach our MBAs
to take control of their careers through personal as
well as group sessions.
Paulo has relevant experience and gave a calm, open and professional impression dur-
ing the interview. He has during a very short time become a valuable employee with a good
understanding of his work and a good sparring partner in financial and strategic discussions.
He is appreciated as a good team player with a positive influence.
Andreas Norn, Nordic Head of Transaction Products Planning and Control, Nordea
Hired Paulo Juliao, Portugal, Business Controller (Full-time MBA 2009)
Accenture
Alfa Laval
AP Mller/Maersk
AT Kearney
Bain & Co.
Barclay
Booz Allan Hamilton
Boston Consulting
BMW AG
Carlsberg
Credit Suisse First
Boston
DnB NOR
DSBDaimler Chrysler
Dako
Danfoss
Danisco
Danske Bank
Deloitte
Deutsche Bank
Ernst & Young
Ferrosan
Franks International
FujitsuGillette
GN ReSound
Goldman Sachs
Hilanders
HSH Gudme
HSBCIBM
JP Morgan
KPMG
LazyTown
lOral
MAN
Masterfoods
McKinsey & Co.
Microsoft
Morgan Stanley
Nordea
NovoNordisk
Novozymes
Nykredit
Oracle
PA ConsultingPBS
Procter & Gamble
PricewaterhouseCoopers
Radiometer
Rambll
SAS Institute
Saxo Bank
Siemens
SonyEricsson
StatoilHydro
Stelton
TDC
Telia
Tryg
Velux
Winterthur Group
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Lifelong Connection the MBA Alumni Network
The alumni network is increasingly becoming an
important factor when candidates decide on which
specific MBA program to attend. It is for this reason
that we are constantly expanding and improving the
services we offer members. When you join the pro-
gram you automatically qualify to become a member
of the Alumni Society, which is managed by CBS
Executive and Full-time MBA graduates. This
exclusive club is more than a networking hub, and
as such organizes Master Classes (post-graduate
education programs) and Executive Briefings to keep
Alumni up to date with current trends and develop-
ments in business and academia. There is a great
number of experienced graduates from the last 17
chapters who have created significant private rela-
tions and personally benefitted in many ways from
the Alumni Societys professional and social events,
as well as the MBA News monthly newsletter. Mem-
bership also gives you continuous access to sparring
partners from many of the top decision-makers in
Danish and international business life.
To any MBA student at our school, be it a former student or a current student, the MBA
Alumni Society has something to offer. We create the possibility for all students to network
across chapters and across competencies. For Full Time MBA students at CBS, the MBA
Alumni Society can be an important stepping stone into the very important discipline that is
called networking. If you arrive in Denmark as a foreign student and need to build everything
from scratch, you need all the cousins you can get to help you in achieving your goals.
Charlotte Fly Andersen (Full-time MBA 2005)
VP of Strategy, Marketing & Communication, Rosendahl Design Group
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Corporate Connections
Collaboration with the business community is
critical to supporting CBS as a leading business
school in attracting top students and faculty as well
as developing new programs and cutting-edge
research.
Corporate Partners
To establish close ties to a select group of
corporations, the Corporate Partners Program
has been established where corporate partners
are given access to the students through company
presentations, internships, assignments,
recruitment and company-based case studies
developed side by side with students and faculty
members. In addition, each MBA class is assigned
a class ambassador, usually an experienced
executive from a top company.
Students are showcased through the annual CV
book which is distributed to companies, alumni
and partners. Corporate Partners also work with
CBS researchers on creating innovative research
and learning opportunities. The partnership is
considered as a long term, strategic alliance that is
mutually beneficial.
FIH PARTNERSINVESTMENT BANKING
Current corporate partners include:
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Enthusiasm and a curious interest in
examining new areas are the driving factors
for the participants in the MBA Program.
The education is a challenge to intellectual
curiosity and the backbone of every dynamic
business environment. The dynamism will fuel
the ability to learn, grow and create results.
Mads Ovlisen
Chairman of the Board, The Lego Company and the
Royal Danish Theatre
Adjunct Professor of Corporate Social Responsibility,
Copenhagen Business School
In Close Dialogue with Business
The Schools cooperation with the business
community for the development of new programs
and application-oriented research activities is one
of its strategic cornerstones. The development of
all programs at CBS is carried out in close dialogue
with leading business executives. This dialogue
ensures the practical relevance and high market
value of the programs.
Spectacular Facilities
CBS is an urban university primarily located in
four modern buildings in Frederiksberg, close to
the heart of Copenhagen. The main complex,
which was completed in 2000, at Solbjerg Plads;
the architecturally acclaimed campus building by
architect Henning Larsen at Dalgas Have, and
Porceaenshaven (the former Royal Copenhagen
Porcelain Factory) inaugurated in 2009 as well as
Kilen (The Wedge), which was inaugurated in early
2006; all reflecting the characteristic Scandinavian
style. All CBS buildings are within walking distance
of each other and are also easily accessible by
metro.
Spectacular facilities and their designs are the main
features of the campuses at CBS. Student facilities
include multi-media labs, breakout rooms for group
and project work. An outstanding and modern
library is staffed by information professionals. A
Learning Resource Center with state-of-the-art IT
facilities enables you to keep abreast of and up-
to-date with everything you need or want to know
while doing your MBA. Wireless access is available
in the newly renovated Porcelaenshaven campus
where the MBA is located. Full-time MBAs have
access to state of the art group rooms.
I have had the pleasure of getting to know
an ambitious, diverse, challenging group of
professionals that have invested in their future
by spending a year in Copenhagen on the
Full-time MBA at CBS. I hope you will have a
chance to take a minute to reflect on how this
and other future groups might be able to add
fresh thinking to your company.
Eva Berneke,
Senior Executive Vice President for HR & Strategy, TDC
Class Ambassador, Full-time MBA Class 2011
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Faculty & Learning Approach
CBS is a university that covers a wide range of
disciplines within the social sciences and the hu-
manities at the highest scholarly level. CBS is
distinguished by its breadth of research areas and
educational programs, a breadth that is generated
by the strong and pleasant innovative culture.
In the MBA Program, our faculty strikes a balance
between the science and the art of management.
We innovate - yet keep the fundamentals in sight.
Our widely recognized faculty includes some of
the worlds leading management experts. They are
coaches and scholars, conducting cutting-edge
research and exploring the results in the auditoriums.
Today the focus of branding has shifted away from individual products to the
corporations that make them. Along with this shift have come important changes
in the way branding works.
Professor, Majken Schultz
Majken Schultz is Professor of Management and teaches Corporate
Branding at the Full-time MBA at Copenhagen Business School.
Her research interests are at the interface between organization
theory, strategy, and marketing including the interplay between
culture, identity and image, corporate branding and reputation
management. She is the author and editor/co-editor of several
books including the recently published Corporate Branding and The
Expressive Organization. She is also a regular commentator in the
Danish media including the leading daily, Brsen.
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Organizational dynamics are becoming increasingly complex, international,
and fast-paced. By expanding their repertoire of frameworks for how to
address organizational challenges, participants increase their flexibility
and hence their ability to approach challenges and problems in a way that
is well adapted to the situation.Skilled use of an extensive repertoire is essential for achieving organizational
and personal effectiveness in the contemporary business world.
Eva Boxenbaum, PhD
Associate Professor of Organizing at Copenhagen Business School;
teaches Organizational Behaviour at the CBS Full-time MBA
Eva Boxenbaum is Associate Professor of
Organization and teaches Organizational
Behavior at the Full-time MBA at Copenhagen
Business School. Her research interests include
processes of change management and the
adoption of foreign organizational practices.
She conducts research from a cross-cultural
perspective and leads international research
networks in Canada, Denmark, France, United
Kingdom, and the United States. Her work has
been published in international journals for practi-
tioners, e.g. California Management Review, and
for academics, e.g.Academy of Management
Review and Organizational Studies.
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Admissions & Fees
The Full-time MBA Program starts every year in
September. Applications are considered on a rolling
basis. After we have received your application form
and all required supporting documents, you are
invited to attend an interview. Interviews take place in
Copenhagen and other locations around the world,
via telephone or video conferencing. You may apply
using our online application system. Alternatively, you
may also download our application in PDF format
from our website.
Admissions Requirement
We are especially interested in recruiting participants
with leadership potential and entrepreneurial spirit
as well as the necessary passion, hunger and drive,
to complete an intensive year of MBA studies.
The program consistently attracts talented and
diverse professionals. Inspired by the Scandinavian
approach, we emphasize co-operation, caring and
the personal touch. Committed to personal and
professional growth, the group benefits from the
breadth and depth of backgrounds and experiences
among their peers.
Candidates will be assessed on the basis of
demonstrated excellence and achievements
academically and professionally. You are expected
to have a university degree (minimum bachelors
degree) or an equivalent professional qualification
and have gained at least two years of work experi-
ence. Please refer to our web site for all the required
documentation for application.
Profile of Participants in the Copenhagen
MBA Program Class of 2011
Total Students: 44
33% Women
Average work experience: 8.5 years
Average Age: 33
22 Nationalities
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Tuition Fee
For the Full-time MBA program commencing
in September 2012, the tuition fee will be DKK
290,000. Furthermore, the required text books,
transportation, lodging and other living expenses
for a single student is estimated at DKK 110,000
for the one-year program. A non-refundable tuition
reservation fee is required upon acceptance to the
program. This deposit is applied towards the cost
of the program. The remaining tuition will be pay-
able in two installments. Non-EU students must
pay an additional administration fee.
DKK Euro (approx.) USD (approx.)
Tuition fee for the MBA Program 2012-2013 290,000 39,000 56,000
Estimated Expenses:
Housing 60,000 8,000 11,700
Food/Personal Expenses 35,000 4,700 6,800
Books 15,000 2,010 3,000
Estimated Total (exclude tuition fee) 110,000 14,800 21,400
Tuition fee is payable in Danish Kroner only. The indication in Euros and USD are based on the exchangerate per July 2011. They are meant to give a broad idea of the costs in these other currencies. These
estimates of expenses are calculated on the basis of a single student during the one-year stay in Copenhagen.
Participants are strongly advised to possess a laptop.
Copenhagen has emerged as a city of global attention with a leading
business hub, a progressive climate agenda and recognizedknowledgeble society. My MBA from CBS has provided me much more
than just an academic toolbox, it provided me with an entryway to the
Danish business world. My Copenhagen MBA has launched my
international career in a leading Danish enterprise.
Shelby King-Grubert (Full time MBA Class of 2010), Project Assistant
Velux, Denmark
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Wonderful Copenhagen - DenmarkScandinavian City of the Future
Strategically located in northern Europe, Denmark
has world-class physical and technological infra-
structure. It has a highly developed industry and
many multinationals set up regional headquarters in
the country. The open and stable economy offers
few barriers to set up business. It is an important
growth center for international companies.
Copenhagen, the capital of Denmark, is the largest
city in Scandinavia. 9 million people live and work
within a radius of 300 km from the city. It is the
economic center of the region. Copenhagen has
consistently been ranked as the Scandinavian city
of the future. More than 2200 foreign companies
are located in Copenhagen. The city has developed
into a hub for technology based companies, espe-
cially within pharmaceuticals, chemicals, biotech, IT
and telecommunications. Furthermore, the greater
Copenhagen area hosts a unique creative cluster,
notably within film and TV production, computer
games, design and fashion.
Excellent Quality of Life
Copenhagen is a great place for living. Copenhagen
has one of the lowest crime rates in the world and
visitors often mention the feeling of security and
safety as one of the citys most distinctive features.
The city has a lot to offer in terms of cultural life as
well as an active outdoor life. It has a mix of attrac-
tions including theatres, museums, castles, parks
and sandy beaches. The well-functioning public
transport infrastructure makes it possible for you to
visit places and enjoy the rich culture of the Copen-
hagen area easily and at low costs.
Highly Competitive Economy
The Global Competitiveness Report published by
the World Economic Forum in Switzerland has once
again placed Denmark among the top ten econo-
mies in its 2010-2011 ranking of global economies.
Denmark stands out for having one of the most
efficient labor markets in the EU. According to the
competitiveness index, the countrys higher educa-
tion and training standards have also done much to
lay the standards for high levels of techonological
adoption and innovation. Denmarks strong Informa-tion and Communication Technologies (ICT) sector
is considered an enabler of a more economically,
environmentally and socially sustainable world.
The CBS MBA has given me an excellent understanding of business,
from strategic and operational points of view. The MBA has given me
the tools to analyze and understand the various dynamics at play whenmaking choices about entering certain markets and not others.
This is more so evident now in my current work where we are moving
into new markets. In a nut shell it is the best MBA for todays business
executive.
Nathan Kaimba (Full-time MBA Class of 2008)
Business Analyst
DAKO
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Copenhagen is clean, safe and ridiculously easy to get to know.
The locals speak superb English and it usually makes the top five,
if not the top spot on those liveable cities lists.
- Lonelyplanet.com
To learn more about Copenhagen and Denmark, visit the following
web sites:
Wonderful Copenhagen www.visitcopenhagen.dk
Copenhagen Capacity www.copcap.comMinistry of Foreign Affairs of Denmark www.denmark.dk
Danish Immigration Portal www.newindenmark.dk
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The Copenhagen MBA
One-year, full-time program, starting in September
Specifically designed to boost general management skills
Leadership focus through leadership fundamentals, mentoring by
executives and coaching
Entrepreneurship focus offers coursework in entrepreneurship and
the A-Board Program with MBAs gaining experience by sitting on
advisory boards of start ups and growing companies
Real world experience through the integrated strategy project of
4 months with client companies
Lee Milligan, Admissions Manager - Full-time MBA Program
Copenhagen Business School
RaavarebygningenPorcelaenshaven 22, 2.05
2000 Frederiksberg
Denmark
Phone: +45-3815-6022
Email: [email protected]
Homepage: www.cbs.dk/ftmba
Blog: http://blogs.cbs.dk/mba_diary/
Twitter Account: @CBSMBA
Our Full-time MBA Online Application can be found on: http://cbs.topapply.com