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Nanyang MBA Admissions and Related Blogs

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Managing Business Tomorrow  [#permalink]

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New post 25 Oct 2019, 13:00
FROM Nanyang Admissions Blog: Managing Business Tomorrow
Graduate Studies Blog

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NANYANG MBA
MANAGING BUSINESS TOMORROW

Reports have indicated a decline in MBA applications in universities around the world. Is an MBA degree still relevant in the new digital economy? Our Associate Dean, Assoc. Prof. Sia, led a panel discussion with 3 of our MBA alumni to discuss the trending issue. Watch the video to learn how NBS is redesigning its Master’s programmes to stay relevant to cope with the new complexities.



Why an MBA remains relevant in today’s digital economy
Technological advances such as the rise of artificial intelligence, robotics, electronic commerce and the Internet of Things are disrupting the world of business. Likewise, technology is affecting the role of managers, as analytics that analyse customer behaviour and operational efficiency are increasingly driving decision-making.

For business schools, this begs the question of whether their MBA programmes, traditionally focused on general management skills and areas of specialisation, are relevant in today’s digital economy.

Three alumni of the Nanyang Business School sought to answer this question at a panel discussion at the end of August.

What do you need from an MBA?
Tan Kim Leng, an MBA alumnus from the Class of 2004 and the managing director of KDI Asia, a consultancy that specialises in change and innovation practices, says instead of asking whether one should do an MBA programme, prospective students should ask what an MBA can do for them in their professional field.

“The MBA’s value lies in what problem you’re trying to solve, what are the skills and problem space you want to be very good at?” he says.

“Can an MBA help you to better understand the nature of the problem? What are the networks you can establish (at business school) to get you to solve that problem? The question of whether an MBA is relevant is very personal.”

If prospective students wish to attain leadership roles rather than becoming a specialist in a niche area, then an MBA course is relevant to them, says Oliver Plogmann, the managing director of Accenture Aviation and Seabury Consulting.

An EMBA alumnus from the Class of 2015, Plogmann says business professors can help foster understanding of the importance of artificial intelligence or business analytics to one’s business. The challenge for business schools, he says, is to keep up with the pace of technological changes. 

Plogmann says his experience at Nanyang Business School showed him the value of seeking the views of his fellow students and the faculty in attempting to solve business challenges. “Critical thinking, people interaction, and the (professional) network are things that you actually also learn or foster through the MBA programme,” he says.

Whether an MBA has relevance depends on one’s professional objectives, says Janet Young, managing director of group channels and digitalisation at UOB Bank, and an MBA alumnus from the Class of 1995. It also depends on whether the curriculum of the MBA programme keeps up to date with the latest trends, she says, adding that business schools should keep close contact with industry professionals.   

An asset in searching for jobs

In terms of exploiting job opportunities in today’s digital economy, having an MBA is certainly not a disadvantage.

“If we are hiring for positions that require active organisation and conceptionalisation, I would say that the MBA would definitely be an advantage largely because in today’s fast-changing world, business models are changing,” says Young.

Asked what changes the panel members would like to see in MBA programmes, Young called for new modules that focus on technology. As technology is very much part of today’s business world, it is important to be able to “appreciate, understand, adapt, embrace and infuse” technology in the various aspects of one’s work, she says.

Lifelong learning

Tan says he hopes MBA programmes could become a venue of lifelong learning for alumni, comparing it with military reservist stints that enable reservists to refresh and update their military capabilities.

Plogmann agrees with the need for lifelong learning. “Maybe in the past you could say I do an MBA and I’m set for my general management career and I will get good money and that’s it,” he says.

“It’s not going to happen in today’s world anymore. So we have to continuously learn and MBA can only be a building block.”

He likes the idea of returning to business school intermittently, but stresses that learning should happen on a daily basis.

“Technology is the core of any business. Anyone in this room who thinks it’s not going to happen for his industry, I think that’s not going to be the case,” he says.

“You are going to be disrupted if you still think that way.”
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors
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Joined: 22 Nov 2013
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Mid-Autumn Festival 2019  [#permalink]

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New post 03 Nov 2019, 22:00
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FROM Nanyang Admissions Blog: Mid-Autumn Festival 2019
Graduate Studies Blog

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NANYANG MBA
MID-AUTUMN FESTIVAL 2019

Article contributed by Shubham Sharma, Class of 2020.

Mid-Autumn festival is a traditional event where we aim to to gather with our families and loved ones. But this year, given we were away from home, struggling with our Nanyang MBA assignments – we took the chance to celebrate with our cohort through a night of moon cakes and some drinks. The planning team aimed to purchase the tastiest moon cakes possible, given the price budget and subsequently Created coupons to make sure everyone would be able to consumer four drinks.

That night will forever be etched in my memory with the moon being covered by clouds but everyone’s shining smile more than making up for it. There were mooncakes, lanterns, sparkle sticks with a special appearance made by a student guitarist who serenaded us with his lovely songs – joined ceremoniously by all our classmates.

As an intensive week has just come to a close and with another just around the corner, we thoroughly enjoyed the time together and indulged ourselves in food, friendship and the overall atmosphere. Although there was a rather short preparation time for the event, we were taken aback by how eager our classmates were to help. Thanks to them, the preparation and execution of the event went along untroubled and effortless. It was truly lovely chapter of trimester 1 and we cannot wait to prepare another unforgettable event for our friends.

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Student Life

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ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors
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Joined: 22 Nov 2013
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[Why NBS] with MBA alumni Isabell Mathias  [#permalink]

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New post 08 Nov 2019, 00:01
FROM Nanyang Admissions Blog: [Why NBS] with MBA alumni Isabell Mathias
Graduate Studies Blog

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NANYANG MBA
[WHY NBS] WITH MBA ALUMNI ISABELL MATHIAS

Present Position:

1.

How was your professional journey after NBS up till your present role? (Mention internships, job changes etc.)

I did a company-sponsored full-time MBA (Bayer) and received a promotion with completion of the MBA. I returned to the global IT department in the new job as an organizational change manager in program and project excellence. Shortly after my return from Singapore to Germany I went on a short term assignment (for 6 months) to the US. In Germany I worked in experimental modes for agile ways of working.

 2.

Tell us about your current role and what inspires you to pursue this daily?

2 years after the MBA (so just recently) I switched to our Internal Audit department doing now IT Auditing.
This role gives me a way to have relatively high influence and visibility for the age and seniority level that I’m at.
I will be traveling a lot and having the opportunity to meet in person worldwide with the various (mainly IT) teams and to enable the company for early detection of issues and for overall better processes, structures, and implementations.



Connection with NBS:

3.

How relevant was NBS in your professional development? (please speak about alumni network, career fairs, education etc.)

The career office was supportive and their activities were helpful for future perspectives. Most valuable were the connections they enabled through real company projects (SPAN and other courses like Strategic Innovation Mgmt), and also the fairs you can go to.
I’m the regional NTU Alumni representative for Northrhine Westfalia Germany. It’s still a small alumni network here but on the rise.

4.

Which person at NBS was the most impactful?

Several impactful persons. To name one, I would say Pete Giulioni (professor and then also head of the career office)

5.

What advice would you give the current and future students to make their NBS experience better?

Don’t hesitate to address early on schedule clashes and other things that are hindering you. The administrative staff and professors are very open and supportive, and will accommodate your request if feasible and reasonable. E.g there might be deadlines piling or timings of classes unfortunate. Address it. Keep it to a reasonable level though.
See your MBA cohort as partners and friends! Strive for academic excellence without being unhealthily competitive towards your peers.

6.

Your favorite hangout zone at NTU and why?

MBA lounge! Why? You should know why if you have seen it ?

7.

Your favorite memory of being at NTU.

There are so many and not all adequate to share via this form…here’s something to share:

    • Petting the hall cats (NTU cat management network) – consider volunteering! Send some love to Rusty and Snowfoot.
    • The many social activities we did together also created lasting memories and fun stories.
    • The business study mission in Tokyo was unforgettable!
Don’t miss out on the fun in your MBA!

8.

If given a chance, would you like to come at the campus and interact with the present cohort?

I sure would, though I’m too far away, if my schedule shall bring me to Singapore I will surely drop by.



Academic/Jobs:

9.

Which course(s) did you find the most interesting?

Global management of human capital, Strategic technlogy & innovation management, Life Sciences: A business perspective, Tech & e-business, Managing change in the workplace, and Mandarin classes.

10.

In your domain, which companies did you find most friendly to interact with during the internship/job search?

My job search was already long time before the MBA and then, out of all the several companies I talked to, it was Bayer by far.

To learn more about our Nanyang MBA programme, please visit our website.

Alumni Stories

Academic Experience

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ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors
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Business Study Mission (China) 2019  [#permalink]

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New post 08 Nov 2019, 01:01
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FROM Nanyang Admissions Blog: Business Study Mission (China) 2019
Graduate Studies Blog

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NANYANG MBA
BUSINESS STUDY MISSION (CHINA) 2019

Contributed by Anmol Wahi, Class of 2020

Ni Hao!

Exhilarating, insightful and immensely enjoyable – these are the three words that sum up the Shanghai-Hangzhou Business Study Mission for us. While we had done our research and had our itineraries in place, we were in no way prepared for the pace and sheer “largeness” of our experience! From exploring the charming streets of Old City Shanghai to the uber-chic setting of the Financial District, from being mesmerised by the serenity of the Yu Garden to the lit-up brilliance of the Bund, from savouring the soupy goodness of Xiao Long Baos to testing our taste buds with the Hai Di Lao hot pot – we did it all! While we faced minor difficulties with the language barrier and social rules, it was refreshing to experience first-hand the sense of community and nationalism that the Chinese culture is known for. We were also immensely fascinated by China’s drive towards revolutionizing existing systems and adopting holistic digitalization. Our visit to Hema supermarket, for example, was an eye-opener to a “new retail” model boosting Chinese consumerism.

On a more professional front, we met with a few companies in China, from the homegrown Ant Financial and OCBC to global giants such as Medtronic, JWT, Ascott and Lanxess. We got amazingly insightful information on how business is run in China, local consumer insights as well as the hot topic of intellectual property. We learnt that some of the key challenges that foreign firms face in China are the lack of local cultural intelligence as well as the eagerness to grow immediately. While, what they should be focusing on is going local, forming relationships and rethinking their entire customer experience. We are coming back to Singapore with all these wonderful insights, which would definitely help us in our respective careers.

We would like to thank the ISP team for organizing such a wonderful week for us and would also like to thank our very own Prof. Goh and Audrey for mentoring and guiding us through the entire week.

Xièxiè China! Hope to see you again really soon.

To learn more about our Nanyang MBA programme, please visit our website.

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Student Life

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Academic Experience

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ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors
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CA Sakshi Agrawal deepens her knowledge and skills with MSc in Account  [#permalink]

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New post 22 Nov 2019, 07:36
FROM Nanyang Admissions Blog: CA Sakshi Agrawal deepens her knowledge and skills with MSc in Accountancy at NTU


Graduate Studies Blog

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MSc accountancy
CA Sakshi Agrawal deepens her knowledge and skills with MSc in Accountancy at NTU

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For Sakshi Agrawal, successfully completing the chartered accountancy course in India was an important step in her professional development. As she considered her options, Sakshi realised that she was keen to get global experience before settling into a full time job. She wanted to build on her skill set and round out her personality through travel and networking with people from diverse backgrounds.

For Sakshi, pursuing an MSc in Accountancy seemed like the logical, next step.

Nanyang Technological University, Singapore (NTU) was her preferred choice. Sakshi felt that the NTU programme in Accountancy was well planned and would offer her tremendous opportunity for interaction in the business world.  The university’s ranking, location in one of Asia Pacific’s important financial hubs and multicultural population were factors that contributed to her decision. Proximity to India meant that she could be close to her family.

Sakshi graduated in February 2019 and is now working with PwC in Singapore.

Reflecting on her academic journey, Sakshi feels the year-long master’s programme has gone by quickly with assignments, presentations, examinations and two internships! She loved studying at NTU’s lush green campus. There were several networking sessions organised by the university, which presented an occasion to meet and learn from executives of different companies, start-ups and financial institutions. Professors offered job and career related insights.

Another aspect about NTU that she thoroughly enjoyed was the ability to participate in events, talks and competitions organised by other courses; students were welcome no matter their field of study.  One Sunday, Sakshi attended a speaker session organised by the MBA Banking and Finance club. The guest speaker happened to be a CFO of a company that had a manufacturing plant in her home town. She was elated at the chance to engage in a conversation with one of the top women CFOs in India.

Being away from her comfort zone, Sakshi embraced change with confidence – learning to cook, juggle course commitments with work, resolve problems and became financially independent.

Sakshi believes the MSc in Accountancy offers an amazing opportunity for applicants from non-accounting backgrounds who are looking to understand numbers. She feels that prospective students should develop an awareness of their interests, goals, strengths and skills and be able to express why they would be a fit for the programme. Her advice for students enrolled in the programme: pay attention and take advantage of the many opportunities that will come your way, as this will help you develop your potential to the fullest.

To find out more about the MSc Accountancy programme, please visit our website.

Alumni Stories

Curriculum

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ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors
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[Why NBS] with MBA alumni Calliste Kouadio.  [#permalink]

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New post 23 Nov 2019, 09:00
FROM Nanyang Admissions Blog: [Why NBS] with MBA alumni Calliste Kouadio.


Graduate Studies Blog

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NANYANG MBA
[Why NBS] with MBA alumni Calliste Kouadio.

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Present position:

1.

How was your professional journey after NBS up till your present role?
(Mention internships, job changes etc.)
I fully embarked in entrepreneurship. I partnered with a friend, chartered accountant, to launch a consulting firm targeting SMEs. The company was created in 2010. Our approach is to offer expertise at highly competitive rate to SMEs. They largely cannot afford consulting services proposed by established firms such as PwC or KPMG. The idea is to use a pool of highly experienced freelance consultants to deliver cheaper yet first-class services in various areas among others, technology (software development mainly), strategy, corporate finance, accounting, organization, training.

2.
Tell us about your current role and what inspires you to pursue this daily?
With my partner, we are fueled by the idea of contributing in shaping our country economy. In fact, in Ivory Coast (as it is in all developing countries), 9 out of 10 jobs are generated by the private sector which is mainly composed of SMEs. SMEs are thus the engine for economic growth and helping them solve actual problems is what drive us.


Connection with NBS:

3.
How relevant was NBS in your professional development? (please speak about alumni network, career fairs, education etc.)
NBS equipped me with all necessary knowledge and resources to scale up this venture.


4.
Which person at NBS was the most impactful?
I particularly enjoyed the economics and strategy classes. Prof Gibbons and Siriwan was inspirational and highly instructive during lectures and discussions.


5.
What advice would you give the current and future students to make their NBS experience better?
More interactions with other programs may be something to explore.


6.
Your favorite hangout zone at NTU and why?
North Spine. I used to seat there for reading and individual assignments.


7.
Your favorite memory of being at NTU.
The orientation week.


8.
If given a chance, would you like to come at the campus and interact with the present cohort?
Yes


Academic/Jobs:


9.
Which course(s) did you find the most interesting?
Strategy, Economics and Corporate M&A


To learn more about our Nanyang MBA programme, please visit our website.

Academic Experience

Alumni Stories

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ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors
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Joined: 22 Nov 2013
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Nanyang MBA participants’ visit to Mitsubishi UFJ Capital Co., Ltd.  [#permalink]

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New post 04 Dec 2019, 03:00
FROM Nanyang Admissions Blog: Nanyang MBA participants’ visit to Mitsubishi UFJ Capital Co., Ltd.


Graduate Studies Blog

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NANYANG MBA
Nanyang MBA participants’ visit to Mitsubishi UFJ Capital Co., Ltd.

Contributed by Nanyang MBA participant, Tanmay Patkeshwar

As part of our week-long Business Study Mission (BSM) to Japan, the Nanyang MBA participants visited Mitsubishi UFJ Capital Co., Ltd. (MUCAP), the venture capital arm of Mitsubishi UFJ Financial Group (MUFG). MUCAP is one of the leading venture capital companies in Japan.  Set up in 1974, MUCAP has since invested in several companies and played an integral role in the growth story of Japan.

This was the second time that Mr Kotaro Shinra, Head of Business Administration Department and Investment Planning for MUCAP had invited MBA participants from NBS to visit MUCAP. The previous Nanyang MBA cohort found their visit to MUCAP to be the highlight of the BSM, so we were all looking forward to this visit!

Upon arriving at MUFG, we were introduced to several senior executives from MUFG, including Mr Shinsuke Sakamoto, President of MUCAP, and the management team of AuB Inc – CEO, Mr Keita Suzuki, CTO, Mr Rintaro Fujikawa, and CFO, Mr Tomohisa Tanaka. A start-up that MUCAP has invested in, AuB aims to use data harvested from human faeces to help improve the overall health and performance of athletes.

This visit also included an engaging session where we discussed how AuB could refine their business model. Working in teams, we analysed current business issues faced by the company, interacted with Mr Shinra and the AuB management team to gain more insights on the company and the industry, and then presented our ideas after 15 minutes of brainstorming. The AuB team was quite impressed by our ideas and shared that they may implement some of these ideas. They also invited us to work with them on the implementation in future.

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In his closing remarks, Mr Shinra shared about the decision-making methodologies of venture capital companies and other aspects they consider when making investments. His insights were very useful in helping us understand the complex and competitive world of venture capitalism.

In conclusion, this visit to MUCAP was exceptionally interesting and the opportunity to deal with a real-life business scenario was an excellent learning experience for all of us. We are very grateful to MUFG, especially to MUCAP for hosting us and providing this rare opportunity. ありがとうございます[Thank you] from Nanyang Business School, Singapore!!

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ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors
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Nanyang MBA participants’ visit to Mitsubishi UFJ Capital Co., Ltd.   [#permalink] 04 Dec 2019, 03:00

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