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FROM Erasmus(Rotterdam) MBA Blog: Goodbye, hello – let’s do this again! PART 2 – The Residency
 The Netherlands –  First destination of the Europe Residency

The Nhow Rotterdam hotel was our home base for the duration of our time in the Netherlands. After checking in and settling in my room with a stunning view of the Maas river, it was time to prepare for the opening reception and dinner on board of the SPIDO boat. We reunited with our global teams over cocktails and took a lot of photos for posterity. But alas, the time soon came for us to say goodbye to our ‘old’ teams, and to embrace our new teams. It was an emotional experience.


     

On Monday March 13, the residency officially began. At 7:45 am we piled into buses and headed to Rotterdam School of Management for presentations by faculty members, including Dr. Koen Berden, Economist, and Director at World Trade Institute.

We were also very fortunate to hear Dr. Jan Peter Balkenende, former Prime Minister of the Netherlands,  expound on global topics during one of our sessions.



This residency provided deeper insights into topics such as:

  • the fate of the European Union (EU) after Brexit
  • the role of family-owned businesses in The Netherlands
  • and social issues such as – the refugee crisis, gender inequality, climate change and aging population, to name a few.
In each session, professors and guest speakers alike shared their unique perspectives and experiences, purposefully giving us the option to either identify with a stated opinion, or recognize the fundamental differences between their stated position and our personal views.

The classroom sessions were complemented by visits to companies like ISM eCompany, Unilever and RDM Makerspace, which also helped to create greater awareness of the challenges and successes of doing business in Europe.

Poland – Europe Residency

The beauty of Poland is second only to its rich history.

After our final session in the Netherlands on Mar 15, we boarded a chartered plane to Poland, where we stayed at the elegant Sofitel Hotel in Warsaw. Like our time in Rotterdam, we had amazing presentations by key industry experts from various business sectors within Poland. One such expert was Professor Dariusz Filar, one of Poland’s top economist.

The amazing thing about these presentations also, was that graphic artist Jadzka Rysuje was simultaneously creating visually representation of what was being said by each speaker. Such a cool idea!



During the residency in Poland the recurring theme was the phoenix-like rise of the country out of obliteration and despair. This rebirth could be partly attributed to its European Union membership.

Even though there were many key takeaways from this residency, the most impactful moment for me was during a casual conversation with Saskia Treurniet, Executive Director of the OneMBA Program, and another participant. It was a ‘lightbulb’ moment for me.
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FROM Erasmus(Rotterdam) MBA Blog: Goodbye, hello – let’s do this again! PART 1 – The Prelude
“I wonder who will be in my new global team.” This thought flitted across my mind as I packed my suitcase to attend the second global residency – held in Europe this time. As I pondered on this, I couldn’t help also reminiscing about my first global residency of the Global OneMBA Program, held in the United States about six months earlier. Back then I didn’t know what to expect, but now I was excited and anxious to see my current, global team members in person after speaking with them via Skype and telephone from September 2016 to March 2017. I also sensed that this residency would be vastly different from the first, mainly because after going through several projects together, most of the reservations had dissipated, and friendships and bonds were established.

 Pre-Residency Social Events

Several classmates from Rotterdam School of Management (RSM) came up with the fantastic idea to organize social activities as a prelude to the European residency. These activities included: walking tours in The Hague and Amsterdam, dinner and a comedy show, canal cruise in Amsterdam, and visits to museums and art galleries in both cities.

Kudos to Peter Evers, Koen Pijnenburg, Elizabeth Becker Hoff, Jan Verdaasdonk and Matthijs Smeele for their effort to showcase these cities to the global cohorts! It was well organized and enjoyable, and served as a superb introduction to what would turn out to be a highly educational and fun-filled residency.

                                      Walking tour in The Hague                                                                  



I especially liked the tour of The Hague (home to the U.N’s International Court of Justice and the International Criminal Court); the visit to the royal gallery Mauritshuis –  where I posed next to Jan Vermeer’s famous painting, “Girl with a Pearl Earring; and the canal cruise in Amsterdam.

Our guide for The Hague walking tour was amazing, and eloquently shared the rich history of the city with us. My one regret is not being able to visit the building where The Hague Convention (1961) was signed because of lack of time.

The Amsterdam crew                                                                                          In the clog!




 
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FROM Erasmus(Rotterdam) MBA Blog: Heading for the last phase of term 1


The first term has passed with lightning speed. Now we are entering the last 2 months, with the bulk of group assignments behind us. So far the programme has offered a multitude in cases and assignments aimed at practical application of the management theories. The first term is very much tool oriented, providing the basic skills required in day-to-day business life. Compared to my previous university education the emphasis is really on application, using the tools in real life scenarios in the form of cases or even examples from the companies we work for.

The last two months will largely focus on a number of individual assignments designed to test the knowledge. Mostly these assignments are relatively free, offering students the opportunity to select business problems and relate the theory. Like said the bulk of group assignments has passed but it has to be said that this has been a very interesting experience, with learning on multiple levels. For some group members the social aspects are challenging, whilst for others it is the content posing the main problem. All in all I must say that our group has worked very effectively and has not had any major break downs. This has been a really good experience and hopefully this can be extended into the rest of the program.

After the last 2 months of theory we will embark on the South Africa study trip. This is promising to be an intense but fun week, we have already started preparing through a pre-trip assignment. For many of us this will also mean the start of a well deserved holiday, which will be taken in South Africa. Once the trip is over I will report via this blog on our experiences. Hopefully this will be just as enjoyable as the rest of the program has been so far.
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FROM Erasmus(Rotterdam) MBA Blog: International Finance Competition


The third International Finance Competition organised by SDA Bocconi School of Management was as international as it could get as it saw participation of over 20 top business schools from around the world. Since each school could only be represented by only one team, the competitions officer helped organize an internal case competition to choose the best team which would then represent RSM at Milan. Interested teams at RSM were given a valuation based case study to solve within 3 hours. My team was chosen the winners of that internal competition and thus got an opportunity to represent RSM at this competition.

The International Case Study Competition was sponsored by some of the big brands like Bain & Company, UniCredit and Edison group. The case study had two parts and we received the first part through email to be solved within a week and mailed back to them. We soon realized that the case was not a pure play financial analysis case but needed us to devise the given firm’s business strategy by balancing finance and its long-term vision and growth prospects. After numerous sessions of team meetings and several revisions we managed to submit our report to SDA Bocconi.

As the next step, my team and I reached Milan and it was an overwhelming experience to be part of the pool of students which were representing their schools. The interplay of energy, enthusiasm and the spirit of competition was something that we do not experience in our daily school lectures and environment and thus we would cherish that memory forever. In the second part of the case study, we were given some more information about the case. We were asked to devise the long-term business strategy for an electronics car sharing company based on growth projections of various businesses it could choose to diversify into within three hours and then present our analysis to a panel of SDA Bocconi professors and sponsors in a maximum of 5 PowerPoint slides. The 20 business schools were divided into 4 pools with each pool having 5 schools and one school from each pool was to proceed to the final round.

Unfortunately, RSM could not make it to the next stage but it brought a deep level of satisfaction to be able to represent our school at an international stage. Also, a combination of exposure to a real-life business strategy problem, a global platform and presenting your ideas to industry experts like Bain & company and Edison, provided us with an enriching experience which we would carry with us in our professional lives in the future. We would like to thank RSM which provided us with this opportunity and experience which goes beyond the classroom learning and helped us widen our horizons.

Written by Nitin Kumar, class of 2018

 
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Archived 'Calling All Erasmus Applicants' Topic
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