Written on 23 February 2015.
Members of the inaugural class of the EDHEC Family Business Global Executive MBA arrived on the Lille campus today for the start of an educational journey that will take them to EDHEC campuses in Paris, London, and Singapore, and help them to chart new paths of success for their family enterprises.
EDHEC prides itself on providing innovative education options and providing smart business solutions. The launch of this new programme comes at a time when family business leaders are looking to overcome increasingly complex challenges – from worldwide distribution management to sophisticated taxation and trust laws. The next generation of family business leaders needs new management tools and EDHEC is here to deliver them.
The 2015 EDHEC Family Business Global Executive MBA class consists of 7 men and 2 women, the majority of whom come from countries outside of Europe, including Australia, Canada, South Africa and Pakistan. Class members work in technology, distribution, and retail, among other sectors, and have an average of 10 years of work experience. They work for family-run businesses and are looking for new and innovative ways to meet the economic challenges faced by their firms.
Dean for Faculty and Research Christophe Roquilly welcomed students and explained the important role of business research at EDHEC. “Our professors conduct research that has real impact on business management and operations”, he said. “And in the case of the Family Business GEMBA, our research in the field of family business and leadership led to the creation of a much-needed degree programme, one that will serve the family business sector. That’s the EDHEC for Business motto in action”.
The EDHEC Family Business Global Executive MBA has the support of the Family Firm Institute, Deloitte, The International New York Times, CampdenFB, Trusted Family, The Hénokiens, FamilyBusiness Magazine, InvestFamily, FBN GCC, Ila Luxembourgeois des administrateurs and GUBERNA, . Each supporter has contributed to a scholarship fund to help defray overall tuition costs of the programme, resulting in the award of scholarships worth 15 000€ per student.
During the next two weeks, students will focus on leadership and family business fundamentals and will study topics such as organisational behaviour, strategic marketing, and financial management and accounting. They will also participate in career assessment exercises, role play activities, and group coaching sessions.
“The EDHEC Family Business GEMBA is perfectly suited to my current career challenges and the long-term objectives of the family business I represent”, said Tim Menting, chief commercial officer of the Joval Group, a 350-employee firm in Victoria, Australia, and a member of the 2015 intake. “My family business is increasingly looking outside Australia for growth opportunities and having greater international exposure through the EDHEC Global Executive MBA programme will be truly beneficial”.
The next course modules will take place on EDHEC’s Paris and Singapore campuses in May and July respectively and will focus on competitive strategy, operations management, microeconomics, and family business corporate strategies. Participants will also share best practices gleaned from their professional experiences and visit select family businesses in Asia.
The 2016 intake recruiting process is now open. For more information about the EDHEC Family Business Global Executive MBA programme, including module details and course specifics, please visit the programme website or contact: email@example.com.