THECOPENHAGEN MBA

THE COPENHAGEN MBATriple-accredited, full-time MBA programme designed to accelerate your career and prepare you to become an outstanding, responsible leader

One-year, full-time MBA Triple-accredited

Excellent post-MBA visa and work opportunities

Small class size with an intimate

learning environment

Over 40% female students

Over 90% international students

An MBA with a heart

THE COPENHAGEN MBA

AT A GLANCE

THE COPENHAGEN MBA

2

THE COPENHAGEN MBA 3

ContentsWhy Copenhagen Business School? 4

Turning Excellence into Leadership 5

Preparing You to Lead 6

Accelerate Your Career 8

The Career Mentor Programme 9

Leadership Discovery Process 10

Responsible Management 12

Integrated Strategy Project 14

The Entrepreneurship Track 15

Programme Outline 16

Course Content 17

Alumni Careers 21

Faculty and Learning Approach 22

A Global MBA Alumni Society 23

Admission and Financing 24

Wonderful Copenhagen 25

THE COPENHAGEN MBA4 MBA EXPERIENCE

A Rich Heritage and an Exciting FutureHaving existed for over a century, Copenhagen Business School (CBS) is firmly rooted in Danish society and has established strong links to corporations operating within and outside the region. With over 22,000 students, CBS is one of the largest business schools in Europe and offers a wide range of programmes across business- and economics-related topics to Bachelor's, Master's and PhD level.

Inspiring Tomorrow's LeadersOperating at the cutting edge of lifelong learning and leadership development for executives and professionals, CBS offers a Full-time MBA, an Executive MBA, a Global Executive MBA, an Executive MBA in Shipping and Logistics and a wide range of Executive Master programmes. In addition, CBS has a strong portfolio of company- and industry-specific programmes available.

We believe that you, as a manager, can only create true value for your organisation when your management knowledge is leveraged by personal competence. Developing your skills is a natural part of the quality assurance of CBS executive programmes. And by capitalising on its position as the largest business school in Northern Europe, CBS has created close ties and partner ships with leading companies in the region, facilitating your transition into the job market.

High Quality Executive EducationCBS is among an exclusive group of business schools worldwide to hold the triple crown of international accreditations: AMBA, EQUIS and AACSB. CBS has also been chosen as the only university to represent Denmark by CEMS, the Community of European Management Schools. In addition, CBS belongs to PIM, Partnership in International Management, an international consortium of prestigious business schools.

Why Copenhagen Business School?Established in 1917, CBS is one of Europe's largest business schools and is dedicated to lifelong learning and educating responsible business leaders.

Triple-crown of accreditations

EQUIS AACSB

AMBA

Better World MBA (Corporate Knights

2016 & 2017)#4

Best International Business Schools (Bloomberg Business

Week 2017)#30

Which MBA? (Economist 2017)#88

Best Global Business Schools for Latin Americans (América Economía 2018)

#31

#36European Business School Ranking (Financial Times 2017)

#24

Global MBA

Top 100Global MBARanking 2018

Top MBA for Women (Financial Times 2018)

THE COPENHAGEN MBA 5MBA EXPERIENCE

Turning Excellence into Leadership

The triple-accredited Copenhagen MBA will change you, challenge you and boost your professional profile, prompting you to accelerate your career.

A Team of Talented ProfessionalsThe triple-accredited Copenhagen MBA attracts talented professionals to Denmark from around the globe for an intensive and rewarding learning experience. International in outlook, the programme's foundations are built on Scandinavian thinking, which is characterised 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.

Preparing You to Lead ResponsiblyThe Copenhagen MBA is a well-balanced programme, designed to prepare you to manage, lead and transform businesses and make a difference. You will learn to master the business essentials through the core courses, discover your personal strength through our Leadership Discovery Process, and develop your ability to think, act and lead responsibly through the course in Managing Sustainable Corporations and the programme's broad focus on CSR and sustainability.

Cross-disciplinary ApproachAt CBS, the approach to research and education is cross-disciplinary. As an MBA participant, you will also learn to broaden your perspectives when approaching complex business

challenges, as well as to create synergy and integration across functional areas of management. Furthermore, the programme will allow you to appreciate multiple perspectives and become appreciative of new methods.

Strong Links to Danish IndustryThe internationally-recognised CBS has access to many successful and innovative businesses in Denmark. You will find a strong corporate presence from Danish and international firms that are happy to engage with the programme and its activities. These companies are involved as speakers, recruiters, and clients of the final integrated strategy projects.

Living in CopenhagenOnce in the city, you will quickly discover why its inhabitants rank themselves as some of the happiest people in the world. Clean beaches and green spaces are easily accessible and a well-functioning and flexible working culture ensures that residents enjoy a healthy work/life balance. Copenhagen also offers an abundance of cultural activities and navigating the city is easy – simply hop on your bike and cruise along one of the many bike lanes.

Excellent post-MBA visa scheme (post-degree Establishment Card)

I wanted to put myself in a new environment, challenge my normal train of thought and learn to examine problems in a different way. While pursuing above, I have thoroughly enjoyed living in the beautiful city of Copenhagen, and hope to enter the Danish workforce post-MBA."

— Amanda Vining, class of 2018. American, with a background in Training and Hospitality.

THE COPENHAGEN MBA6 MBA EXPERIENCE

The Copenhagen MBAPreparing You to Lead

Excel in Responsible ManagementRestricted in size and selective in admission, the Copenhagen MBA is an exclusive programme that attracts a group of talented, engaged and experienced professionals. Through the intense learning experience, you will master the core management disciplines, allowing you to build a solid platform of sound business skills. Responsible management is at the very core of the programme and CSR and sustainability are incorporated into the core courses, equipping you with a holistic skillset and the ability to implement CSR across different business units. State-of-the-art Facilitiesin the Heart of CopenhagenCBS is a modern university with itsmain city campus located in exclusivebuildings in Frederiksberg, close to the heart of Copenhagen. The building – a former porcelain factory imaginatively transformed into a world-class executive building – is characterised by natural light, open space and innovative architecture, designed to inspire and facilitate learning.

MBA students come to Copenhagen from all over the world and you will quickly become part of an inclusive group and enjoy the social activities that take place on- and off-campus.

An Informal Learning EnvironmentAll courses in the Copenhagen MBA reflect a Scandinavian managementstyle where social responsibility permeates the entire curriculum. Creative thinking and innovation are central aspects of the programme. Your leadership skills will be honed through the Leadership Discovery Process, which offers simulations and unique mentoring sessions where you share ideas with seasoned executives. Your classes will be conducted in an informal learning atmosphere where knowledge and understanding are formed through input from experts and joint reflection. Everything can be questioned and challenged in the quest for new insight and it is paramount that you have fun in the process!

A Virtual Pre-MBA ClassroomOnce accepted into the programme, you will gain access to a virtual MBA classroom where you can learn more about the MBA experience and prepare for your move to Copenhagen. You will also be able to register for a pre-MBA career coaching session.

As an MBA student, you will be surrounded by students from all corners of the world who have moved to Copenhagen to join a world-class MBA programme that is committed to educating outstanding, responsible leaders.

Copenhagen Participants MBA Class of 2018

Total students: 43

Female participants: 42%

Average age: 30

Average work experience: 6

Nationalities: 22

CBS is a pioneer in embedding UN Principles for Responsible Management Education, and the Copenhagen MBA is very much at the forefront of these efforts. As an MBA student, you will have direct access to the latest developments and cutting-edge research in this field.”

— Birthe Larsen Associate Dean for the Copenhagen MBA

The Copenhagen MBA offered an opportunity to dive into the Nordic culture, where low levels of hierarchy, CSR and responsible management styles are the norm.

I also view the MBA as a chance to take a break from the corporate hamster wheel and assess where I want to go while working side by side with talented people from all over the world."

— Johannes Frank,

Class of 2018. German,

with a background in Consulting.

THE COPENHAGEN MBA8 CAREER SERVICES

Accelerate Your CareerThe Copenhagen MBA takes you beyond the basics to a complete understanding of the forces that will shape business in the future. It is a transformation, designed to prepare you for leadership challenges and responsible management.

An Individual JourneyThe MBA programme offers many opportunities for you to accelerate your career development, and from the very beginning you will benefit from our personalised MBA career service. Whether you have the ambition to work at a more strategic level in your prior industry or functional area, or are keen to explore a shift in your career, we will inspire, engage and coach you to help you achieve that goal.

Included in the MBA programme, you will take part in one-to-one career coaching sessions, interactive group workshops, company visits, case competitions and career days. The careers module is a tailor-made, individual journey that helps you make the most of opportunities during and after the MBA. You will define your post-MBA goals and ideal job situation drawing on your strengths, talents and past experiences.

Working in DenmarkScandinavia is well known for its flexible work culture and healthy work/life balance. Should you, like many MBAs before you, decide to further your career in Denmark post-graduation, you will find plenty of opportunities to interact with potential employers in the programme. Denmark features one of the most transparent and straightforward visa systems in the world, allowing you to apply for a work visa under the Establishment Card scheme upon finishing your MBA degree. This gives you the right to take up employment or start your own business. You are also eligible for an Establishment Card – a renewable work and residence permit – after your MBA.

THE COPENHAGEN MBA8

100%of MBAs are employed after six months

80%of MBAs changed into a new desired role

stay and work in Denmark

1/2

Examples of Post-MBA Roles:

The MBA has given me this broad spectrum of skills that I can call upon whenever needed. I use my MBA toolbox all the time, applying my strategy skills, leadership insight and business development know-how to my daily work.”

— Khanya Vokwana, Class of 2017. South African, currently working as a Manager for Commercial Excellence at Chr. Hansen.

THE COPENHAGEN MBA 9

Your Personal Career MentorTo further increase your knowledge and insight about job roles and industries in Denmark, you have the opportunity to be matched with an alumnus who will be your personal career mentor in the third trimester. The basis for the match will be your own career objectives and interests, thus ensuring that you will benefit from concrete advice and insight to aspecific role and/or industry.

Our alumni possess an unrivaled understanding of their given industries and roles, and their first-hand knowledge will be immensely valuable for you when you start the job application process.

The career mentor programme is tailored to your needs and is highly personalised."

The Mentoring ProcessStudents and mentors will attend an introductory workshop with the MBA Careers Manager, ensuring that you and your mentor are well prepared to get the most out of the mentoring process. Once you have been matched with your mentor, you will have at least four meetings, covering specific topics such as:

• Job role objectives and industry insight

• Networking in a Danish working environment

• Managing the interview process and salary negotiations

• Next steps in your career search

The personal meetings can take place at CBS, at the mentor’s office, or in another professional setting. You and your mentor will receive continuous support throughout the duration of the mentor programme.

The Career Mentor ProgrammeIn the careers module, you'll be matched with a personal career mentor from the alumni network. Your mentor will not only help you create the plan needed to achieve your career goals and provide valuable insight into the Danish job market, but also give you feedback on your pitch and interview technique.

When I received an offer from a biotech company, my mentor was one of my valuable sparring partners in making an informed decision on whether to continue in consulting or join the corporate world. I followed his advice and started a position at Novozymes.”

— Marten HauptClass of 2017. German, with a background in Management Consulting. Highest GPA Award

CAREER SERVICES

THE COPENHAGEN MBA10 CORE PILLARS

Explore Your Leadership PotentialExercising leadership engages your whole being. During the MBA, you will take a journey of personal and professional development, with numerous opportunities to explore what leadership is and to develop your capacity to exercise it effectively and responsibly. In the Leadership Discovery Process, you will develop a complete understanding of yourself, learn your true leadership style, appreciate the differences in others and enhance your ability to create and lead diverse teams. Topics such as cognitive coaching, the functioning of the brain, team dynamics, situational leadership and human understanding are explored. You will be guided to solve specific tasks and reflexive exercises both individually and in teams.

Action-Based LearningThe leadership simulators offer you the opportunity to approach leadership from a 'learning by doing' perspective. Through a series of outdoor activities, you take turns to perform as a leader. Setting the scene for your own performance, you will receive feedback from your peers and coaches on how you perform in subjects ranging from teamwork and communication, to interpersonal skills and leadership skills. In preparing you to lead, you will be encouraged to apply the Leadership Discovery Process to all areas of your life.

A Leadership Mentor You Can Count OnThe mentorship programme is designed to support the Leadership Discovery Process and runs in tandem with it, offering you an opportunity to discuss practical leadership issues with seasoned executives in Scandinavian firms. You will be taught to challenge your assumptions about your team members and to effectively transfer the theory you have learned into practice.

Having access to experienced executives who will teach and guide you through real-life management challenges is an aspect of the programme many MBA students find immensely helpful. The skills you will develop, the advice you will receive, and the insight you will gain will bring value for years to come.

Leadership Discovery ProcessTake a journey of personal and professional development and explore what effective leadership really entails. In the leadership module, you will challenge your perspectives and develop your abilities through a series of stimulating exercises and activities.

The Leadership Discovery Process has given me a lot of insight into group behaviour and the psychological aspects of leadership. I would like to take on a more senior position after the MBA, and learning how to motivate future employees will become a highly valuable skill."

— Michael Giacobbo Class of 2018. Danish, with a background in Project Management.

Mentoring a Copenhagen MBA student is a rewarding experience. It allows me to take time out and reflect upon my own role as a manager and to reinforce what I learned on the MBA Leadership Discovery Process. It feels very fulfilling to be able to pay my knowledge and insight forward and help shape and prepare the leaders of tomorrow.”

— Tine Rolff Head of Strategic Sourcing, Pandora A/S

CORE PILLARS

THE COPENHAGEN MBA12

Responsible ManagementDenmark and Copenhagen are at the forefront of CSR and sustainable business practices. There is no better place on earth than CBS for furthering your knowledge within this forward-thinking arena.

Denmark – at the Forefront of Sustainable Business Practices Consumers, investors and stakeholders are becoming increasingly aware of the manner in which a company is operated. Running your business in a sustainable manner is a long-term strategy which should be integrated across all departments, from marketing to financial accounting. Denmark is at the forefront of Corporate Social Responsibility and sustainable business practices, and as such there is no better place on the planet to learn about these critical business areas.

Explore Responsible ManagementResponsible Management is the central theme of the Copenhagen MBA. From the very start of the programme you will further your knowledge within this highly relevant and important field through a rigorous 50 hour course. The course is divided into four broad topics: Corporate Responsibility and Sustainability, The New Global Rules of the Game, Business Imperative, and Earning Trust with Stakeholders. In addition, CSR and sustainability are incorporated into most of the core courses, equipping you with a 360 degree skillset and the ability to assess and implement CSR across different business units.

Beyond the ClassroomIn the Responsible Management course, you will make extensive use of case studies and participate in numerous guest lectures held by corporate practitioners. As a Copenhagen MBA student, you also have the option to join the NetImpact global network and other communities on campus, which will deepen your understanding of corporate sustainability in the workplace.

The Copenhagen MBA’s focus on sustainability helped draw me to the programme. I am looking to switch industry from Oil & Gas to renewable energy, and Copenhagen and Denmark are perfectly positioned to support that move.”

— Patricia Giron, Class of 2018. Mexican, with a background in Oil and Gas.

CORE PILLARS

Better World MBA (Corporate Knights 2016 & 2017)#4

MBA EXPERIENCE

Copenhagen and DenmarkAwards

• #4 City for global talent (Global Talent Competitive Index 2018)

• Top 10 most innovative countries (Bloomberg 2018)

• #1 Easiest country for business (World Bank 2017)

• Top 10 most liveable cities (Monocle Magazine 2015, 2016 and 2017)

Better World MBA (Corporate Knights 2016 & 2017)

THE COPENHAGEN MBA14

At the end of your MBA year, you will get the chance to put your full MBA skillset into practice by working closely with a company based in the region on a strategic challenge.

Real-life Business Case Your MBA will conclude with an Integrated Strategy Project (ISP), where you will combine the knowledge, skills and tools you have acquired throughout the programme and apply them to a real-life business case.

Teams of MBA participants, under the guidance of faculty and experienced executives, will conduct an integrated strategy study for an international company based in Denmark and the Øresund region. The project will test your ability to utilise relevant theories, models and methods.

You will identify a strategic problem in an organisation, extract the relevant data, analyse and structure the problem, and then present the solution in a brief and precise manner for the company you work with. More than 800 ISP strategy projects have been completed over the years.

Strategy Projects – ExamplesBelow are a few examples of strategy projects our MBA students have taken on in the past:

• Formulating a strategy for entering a new market

• Exploring new business opportunities• Establishing new approaches

to supplier relationships• Identifying acquisition targets• Presenting a product market strategy

Integrated Strategy Project

The following companies have recently recruited MBA students for jobs or strategy projects:

Accenture

Agrotech

Alfa Laval

Amazon

A.P. Møller-

Maersk

Arla

Bayer Animal

Health

Carlsberg

Chr. Hansen

COWI

Coloplast

COOP

Credit Suisse

Damasec Group

Danfoss

Danske Bank

Deloitte

DSV

E&Y

Emerson

FL Smidth

GN Resound

Haldor Topsoe

IBM

IKEA

Implement Consulting

Johnson & Johnson

Lakrids (Bülow)

Leo Pharma

Microsoft

Nespresso

Nestle

Novo Nordisk

Pandora

Quartz & Co

Queue-it

Radiometer

Saxo Bank

Schneider Electric

Siemens

SimCorp

Sitecore

TDC

Vestas

Ørsted

Collaborating with Copenhagen MBA students through the Integrated Strategy Project was a positive experience for all parties involved. As a company, we gained new perspectives and were constructively challenged by a group of highly professional individuals. We actively used the analysis and results we gained from the ISP in our decision making processes.”

— Yassir Ghiyati, Senior Licensing Director, Haldor Topsoe.

CORE PILLARS

THE COPENHAGEN MBA 15CORE PILLARS

Becoming an Entrepreneur In the Entrepreneurship Track, we do more than let you dream, we stimulate you to broaden your mind in search of the right opportunities. We teach you how to analyse these opportunities, and to study and develop them into practical business concepts. We help you build a business model with tailor-made entry and growth strategies. Above all, we motivate you to start your own business.

Opportunity RecognitionYou will learn to recognise and analyse opportunities by using yourself and your potential business idea as a starting point. The goal of the Entrepreneurship Track is clear: to turn your idea into a real venture by developing your model and business plan. You will participate in an outstanding entrepreneurial learning experience through the following avenues:

• Practical assignments in association with seasoned entrepreneurs, innovative teachers and guest speakers

• Coaching and advisory board participation, gaining experience working with real entrepreneurs in the region

• Business plan and venture capital competitions, such as the VCIC

You will get to understand the start-up process and explore the entrepreneurial mindset, with which opportunities are transformed into businesses.

Advisory BoardThe Advisory Board is a programme for small and medium sized companies, where you and two other students will sit on the Board with the entrepreneur(s) from your assigned company and the Chairman. By acting as an adviser on this A-board, you will help entrepreneurs develop their companies by assisting them in making important decisions and clarifying their vision and mission.

The MBA AcceleratorThe MBA Accelerator is designed to prepare you for starting your own business or to create innovative projects within companies. The course includes short motivational lectures, but is primarily driven by you and your fellow students meeting with mentors – experienced investors, researchers and entrepreneurs – to develop a business idea into a business development plan. In the MBA Accelerator, you will build your knowledge about business models, market development, prototyping and business platforms, and by the end, you'll be able to craft a business development plan and pitch your idea.

The Entrepreneurship TrackInterested in setting up your own business? You have the opportunity to tailor your MBA through the Entrepreneurship Track, which has a clear goal of turning potential into real value.

The Entrepreneurship element was essential for accelerating the launch of our business during the MBA. The knowledge acquired from courses and the support from teachers and mentors really helped us to transform an idea into a viable business.”

— Andrea BaccenettiClass of 2014. Italian, Co-founder of Voiceboxer.com

10most innovative countries (Bloomberg 2018)

TOP

Core Pillars Strategy Leadership Finance ISP and Electives

Term 1 Managing Sustainable Corporations

Advisory Board

Leadership Discovery Process

Marketing Management

Organisational Leadership

Human Resource Management

Management Accounting

Economics

Analytics and Big Data

Term 2 Operations Management

Strategic Management

Change Management Financial Statement Analysis

Corporate Finance

Term 3 Electives Integrated Strategy Project

PROGRAMME THE COPENHAGEN MBA16

Programme OutlineThe Copenhagen MBA curriculum has been carefully designed to gradually build your skills and knowledge, testing and challenging you along the way.

Optional: The Entrepreneurship TrackResponsible Management

Advisory Board

Leadership Discovery Process

In the Advisory course, you and your fellow MBAs will help entrepreneurs to grow their companies.

These core pillars permeate your MBA experience:

PROGRAMMETHE COPENHAGEN MBA 17

Trimester 1

Managing Sustainable CorporationsThis course will set the scene for your MBA. Reaching beyond traditional debates on CSR and sustainability, you will explore the regulatory and political context that shapes responsible business decisions, learn how you, as a leader, can use management and governance systems to inspire responsible conduct, and address problems such as corruption and human rights violations. In the first part of the course, you will look at how macrofactors such as politics and economics shape an organisation's interest in and adoption of responsible business policies. During the second part, you will look at how to overcome organisational barriers to lead responsibly. This course makes frequent use of practical elements such as guest lecturers and cases.

Organisational LeadershipIn this course, you will explore key leadership issues and challenges related to organisational strategy and structure, and how to enhance organisational performance by managing people and work processes. You will be encouraged to share insight and experiences with the rest of the group and will encounter several case studies on current organisational topics such as changing an organisational culture, fostering socially responsible

behaviour, implementing diversity management, and dealing with stakeholders. The course will complement the personal and psychological perspectives developed in the Leadership Discovery Process.

Human Resource ManagementIn this course, you will learn the key components and concepts of strategic human resource management. Drawing upon a wide range of disciplines – including organisational behaviour, strategy psychology and economics – you will present, discuss and apply theories, frameworks and tools to manage human resources more effectively and to support the strategic objectives of the firm. The course is taught using the 'case-based teaching' method, which assumes inductive knowledge generation and involves high-energy discussion, debate and interaction.

Management AccountingYou will gain an understanding and appreciation of the strengths and limitations of an organisation's accounting systems and how it relates to management decisions and responsibilities. You will acquire a framework for analysing and understanding these accounting systems (such as budgeting, reporting, analysis and management of cost, responsibility accounting and transfer pricing), as well as the design of comprehensive approaches to performance management.

Course ContentThe teaching in the MBA auditorium includes the use of cases, guest speakers, simulations and active participation. Throughout the MBA year, you will be evaluated through a mixture of exams, papers, group work and presentations.

As soon as I started to speak to the CBS staff, I knew this was the MBA for me. The manner in which things are done inside and outside the MBA classroom is friendly and inviting, and being in a small class means I benefit from lots of attention from faculty.”

— Ashok Srinivasan Class of 2018. Indian, with a background in Shipping.

THE COPENHAGEN MBA18

Furthermore, you will reflect on the internal accounting system’s role in keeping the firm and its members honest, responsible, and able to actively engage in activity that is both economically, environmentally and socially sustainable, i.e. to manage the Triple Bottom Line.

Marketing ManagementIn this course, you will learn to apply concepts, frameworks, models and theories, enabling you to analyse the 5xCs data (company, competitor, customer, collaborator and context). This will let you find the best match between your organisation’s resources and the existing market conditions. You will also learn to use advanced qualitative data (mindset, mind mapping) as well as Big Data (structured and unstructured, social media, sensor), including how your mindset as a manager affects the strategic use of Big Data, hereunder various new market approaches (sales and promotion, listen and learn, connect and collaborate, empower and engage) as well as the platform revolution. Issues related to responsible marketing and ethical dilemmas are woven into class discussions.

EconomicsThis course will give you an understanding of how economic principles can be used in decision-making and to predict the effects of changes in the economic environment where firms operate. In the microeconomics part of the course, you will explore cost analysis, pricing strategies, and strategic interaction in markets. In the macroeconomics part, you will examine the economic aspects that shape the business environment. You will also review the current economic situation, both nationally and internationally. After completing the course, you will be able to explain the determinants of economic developments both in the short- and long-term, and understand the impact on the economy from the various shocks that hit it and the impact of subsequent policy.

Analytics and Big DataIn this course, you will learn to extract value from business data –a crucial skill in today’s environment and a major competitive advantage for firms. You will learn to understand the relationships

between different business factors, forecast trends, appreciate the risks arising from management actions, and optimise investment strategies. In order to make the right decision under uncertainty and time pressure, you need to grasp the range of uncertainty rapidly and make a rational decision that is both flexible and robust. This course is multidisciplinary and links to accounting, economics, finance, marketing and operations management.

Trimester 2 Financial Statement AnalysisThis course is an introduction to financial statement analysis and will develop your ability to read, understand, evaluate and use financial statements. You will learn how to measure and assess a firm’s profitability and liquidity risk analysis using financial ratios. Furthermore you will learn how to forecast projected earnings and cash flows. This in turn will be used for assessing the current and future financial health and value of the firm of your interest, be it the firm you are working for, competing with, allying with or buying shares (or full ownership) in.

Change ManagementIn Change Management, you will examine theories of change and development as they apply to organisations, groups and individuals. You will explore how different theoretical perspectives on change are reflected in the range of approaches that can be applied to the diagnosis and solving of problems in organisations. Special attention will be given to the critical issues that need to be considered when developing and implementing a plan for change, such as organisational politics, stakeholder management, strategic leadership, communication, motivating others to change, and maintaining control during the change process. You will also study change agency and styles of intervention.

Operations ManagementDuring this course, you will study the development, production, and delivery of goods and services to the final customer. Supply chains are often organised around complex multinational networks where sourcing of inputs, production processes and distribution channels are tied together by integrative

The Leadership Discovery Process initiated a change in my thinking and my mindset towards learning. We have competent teachers that have helped me acquire new knowledge and skills.”

— Sigurdur Karlsson Class of 2018. Icelandic, with a background in Research and Development.

PROGRAMME

Pre-MBA

We also offer a one-week optional

pre-MBA for DKK 7,500, which we highly

recommend you participate in. This is an

excellent opportunity to familiarise yourself

with Economics and Accounting, particularly

if you come from a humanities background or

have not yet encountered these topics. The

pre-MBA also serves as a valuable refresher

course for those who have taken these sub-

jects before, but have been out of university

for a few years and are out of practice.

Introduction week

You will be required to attend introduction

week, which gives you the chance to adapt

to your new environment at CBS and to get

to know your fellow MBA students. To kick-

start the MBA, you will find yourself warmly

welcomed by the administration and faculty.

You will be invited to participate in social

activities to facilitate your transition

into the MBA and life in Copenhagen.

THE COPENHAGEN MBA 19

information and knowledge transformation processes. In this course, you will explore how to develop operations and supply chain strategies that satisfy customer needs through collaboration, technology and process improvement. You will develop the capabilities to integrate the concepts of operations and supply chain management into your own business context.

Corporate FinanceCorporate finance is concerned witheconomic decisions in corporations.In order to master this topic, you will first focus on investment decisionsunder certainty. Then, you will focus on the relationship between risk and expected return. Combining your acquired insight, you will learnto analyse investment decisions underuncertainty. Now, your focus shifts to the financing decision starting with an overview of the efficient markethypothesis. Hereafter, you will focus onunderstanding the importance of a firm’spayout policy, why firms choose aspecific capital structure, and howto estimate the cost of capital.Upon completion of the course you will

understand the relationship between riskand expected return, know how to valuea partly debt financed investment projector firm by estimating expected cash flowsand cost of capital, and have a clearunderstanding of when payout policyand capital structure matters.

Strategic ManagementIn this course, you will learn to understand the strategic issues that you, as a manager, must address. Strategic analysis assumes that most resource and product markets are fundamentally imperfect and are not necessarily in competitive equilibrium. In fact, they would often seem to be in a state of permanent disequilibrium. Opportunities constantly emerge when industry conditions change, or when innovating firms change these conditions. Firms achieve competitive advantage by understanding these conditions and opportunities, by designing strategies and organisations that match their capabilities to available opportunities and by executing well. We will therefore also discuss your roles as responsible general managers in organisations and how you can manage and implement strategy.

I very much appreciate this diverse MBA environment. Since we are part of a small class, I get to know my classmates properly and building a network of people from all over the world helps broaden my horizons.”

— Helen Gaffney Class of 2018. From the UK, with a background in Private Equity.

Class of 2017

20

Trimester 3

Elective CoursesIn addition to the core courses, you will have the opportunity to further your MBA skillset in the third trimester by selecting three of the elective courses on offer. The electives vary from year to year, but below are examples of the courses which may be available to you:

• Big Data (progressional)• Economics of Strategy• Business Plan Writing

for Social Entrepreneurs• Mergers & Acquisitions• Negotiation• The MBA Accelerator• Innovation Management

The Integrated Strategy ProjectThe pinnacle of the programme is the final strategy project, during which you will channel your new-found business skills and knowledge into a real-life strategic challenge. You and your fellow students work together in a small group, acting as advisers to a company in the region, obtaining information and analysing data and translating this into a strategic plan for the relevant business unit. Many MBA students speak of the strategy project as the highlight of their year, as it tests and challenges your entire MBA skillset. It also provides you with an unmatched opportunity to create ties and relations to an international company that is based in Denmark.

I use the principles of the Copenhagen MBA every day. Running a start-up requires me to be in contact with so many different stakeholders on a daily basis. Whether I am talking to a VP, a lawyer, or an accountant, I need to be able to speak the language. The Copenhagen MBA taught me that whatever your position is, whatever you are doing: you are a leader every day.”

— Richard Hungerford Class of 2012. Canadian, Founder of Brightkit and currently VP, Business and Corporate Development, Hootsuite

Joint elective programme with St.Gallen, Switzerland

The Copenhagen MBA and St. Gallen

MBA offer a joint elective programme

to increase your elective options and

allow you to broaden your MBA experience.

Places are limited and your eligibility to

join an elective offered off-campus will

depend on your previous performance in the

programme. If you are nominated for this

elective, you will travel to Switzerland.

THE COPENHAGEN MBA

Watch the video at: www.cbs.dk/ftmba

PROGRAMME

HOW HAVE ALUMNI PUT THEIR MBAS INTO PRACTICE?

I’m currently employed as Group Commercial Controller at Carlsberg Group in Denmark. It’s an exciting role in a global company, offering the opportunity to interact with the 100s of markets across the world in which Carlsberg is produced or exported.

The skills and experience I gained through the MBA provided the perfect stepping stone for a global role. The small class sizes of the Copenhagen Business School MBA were a huge plus, enabling me to get to know and work with everybody, and giving me opportunities to learn more about several different cultures. This gave me a head start when it came to dealing with the many and varied markets that my role requires.

In terms of soft skills, the MBA has been a great eye-opener. The course, and in particular the Integrated Strategy Project at the end, really brought home to me the fact that despite learning the same methods and tools, everyone has a different approach to management. And that’s a good thing. The MBA has given me a great opportunity to try different approaches and develop my own style by seeing, through trial and error, what works and what doesn’t.

An MBA from Copenhagen Business School really helps you stand out from the crowd when it comes to job search and performance at a senior level. The skills I’ve learned have been more than worth the financial and time commitment required!

Group Commercial Controller,

Carlsberg Group

CMO, Kilroy Group Today as the Chief Marketing Officer, I work in the intersection between strategy and operations. I find it inspiring to work with strategy from a holistic commercial perspective because it forces me to consider the interdependencies across functions and business areas.

The MBA has definitely prepared me for my current position, and I find myself leveraging my learnings from the broad variety of classes and experiences from the MBA.

On a daily basis, I use tools and learnings from the Leadership Discovery Process, Managerial Accounting, Strategy, A-board but also my participation in the Venture Capital Investment Competition (VCIC) have proven valuable in my work when assessing companies for partnerships or potential acquisition.

Completing the MBA is the best investment I could have made in myself. It provided me a unique opportunity for accelerated development on both a professional and personal level.”

I genuinely love my job. From finding bottom line efficiencies in production to establishing relationships across borders, every day holds a new challenge!

Before my MBA, I worked in financial analysis in different industries in Venezuela and the transition could have come as a bit of a shock, both culturally and professionally. But the skills learned on the MBA have set me up perfectly for my current role.

I find that I am practicing the Leadership Discovery Process skills almost daily when reflecting on meetings and planning tasks. I have also revisited many of the hard skills learned – benefitting from the analytical and holistic mindset we were encouraged to develop throughout the course.

I can only recommend working for a Danish company – my experience of transitioning into the Danish job market has been nothing but positive. The market is buoyant, the work-life balance is good and the working environment is built on trust, diligence and flexibility. Working within a flat organisation means that there are plenty of chances to establish relationships with professionals with plenty of experience, which in itself is a great learning opportunity.

— Diego Cuenca, Class of 2017.

Finance Business Partner, Arla Foods

MBA EXPERIENCE 21THE COPENHAGEN MBA

— Christina Fahrenholtz, Class of 2016

— Chris Barnes, Class of 2017.

THE COPENHAGEN MBA22 RESOURCES

Faculty and Learning ApproachMBA classes are taught in state-of-the-art campus facilities. The faculty is engaged and of a world-class standard, and the resources that complement classroom learning are plentiful.

World-Class FacultyCBS is a university that covers a wide range of disciplines within the social sciences and the humanities at the highest scholarly level. The university is distinguished by its breadth of research areas and educational programmes and this breadth is generated by the strong and pleasant innovative culture. In the MBA programme, our faculty strikes a balance between the science and the art of management. We innovate – yet keep the fundamentals in sight. Our widely-recognised faculty includes some of the world’s leading management experts. They are coaches and scholars, conducting cutting-edge research and exploring the results in the auditoriums.

Learning EnvironmentCBS is an urban university that is primarily located in four modern buildings in Frederiksberg, close to the heart of Copenhagen. All CBS buildings are within walking distance of each other and are also easily accessible by the Metro train network. Bright, Scandinavian-style open space buildings characterise all facilities at CBS, but as an MBA student you will also enjoy an unrivalled panoramic view of Frederiksberg Gardens.

Student facilities include multimedia labs, breakout rooms for group and project work and well-staffed information desks. An outstanding and modern library and a Learning Resource Centre with excellent IT

facilities enable 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 everywhere on campus.

Corporate LinksThe Corporate Partner Programmeis established on a university-widebasis to create opportunities forstudents and businesses to meetthrough company presentations,events, assignment and case studies.

" As an MBA student, you will be featured in the annual CV book, which is distributed to companies, alumni and partners.“

MBA Faculty Stats:

100%

>50%

hold a PhD

are international

Business as usual is no longer a viable option. As the world around us is changing rapidly, a growing number of people are looking for new ways to do business. Responsible management is becoming part of mainstream business thinking and students need to be able to understand its power in order to create positive change.“

— Dr. Andreas Rasche, Professor of Business in Society, CBS.

THE COPENHAGEN MBA 23RESOURCES

Continued Learning and DevelopmentThe alumni network is an important factor when choosing an MBA programme. At CBS, the MBA alumni Society has more than 1,500 members of over 80 different nationalities. We are committed to providing you with opportunities to keep up-to-date with the most recent trends and developments within academia and business. This happens through a range of business events with guest speakers from academia and the Danish business community, including prominent alumni. With these events we encourage and ensure the continued learning and development of our MBA alumni in a relevant context. You will be kept informed through our social media groups, our alumni website and the quarterly MBA Insight newsletter.

Alumni Involvement Applying their knowledge and staying engaged at CBS is at the heart of many alumni. Throughout your time at CBS, MBA alumni will connect with you as mentors, advisers, strategy project hosts, guest lecturers and board members. This involvement from practicing professionals creates strong relations for you to leverage academically and in your career. It also ensures the continued high quality and development of our MBA programmes.

A Global MBA Alumni SocietyWith the longest-running and most extensive international MBA alumni network in Scandinavia, CBS is committed to providing you with opportunities for creating lifelong professional relationships as well as continued learning and personal development through business events and social gatherings.

Visit mba-alumni.dk for more information

Recent speakers at alumni events:

CEO Maersk, Søren SchouCEO TDC, Pernille ErenbjergCFO Novo Nordisk, Jesper BrandgaardSenior Managing Partner Peter Suhr, Gartner (alumnus)CEO ISS, Jeff GravenhorstChairman Carlsberg, Flemming Besenbacher

Hosting projects and mentoring students is highly rewarding not only for myself but also for my company FLSmidth, that benefits from all the fresh ideas and strategic input the students bring. I really value this opportunity to stay engaged with the programme!“

— Alejandro Espejel Class of 2012. Director and Head of Business Performance, FLSmidth.

THE COPENHAGEN MBA24 FUNDING

Admission and FinancingWe encourage you to apply as soon as you have made your decision. You will be assessed on the basis of excellent career achievements and previous academic performance.

Application ProcessThe Copenhagen MBA programme starts each September. There are three application deadlines throughout the year, which enable our Admissions Committee to review the application and enrolment base in an effort to build a truly well-rounded and diverse cohort. We do, however, aim to provide feedback and assess your application at the time of submission. After we have received your application form and all required supporting documents, we will notify you if you have been invited to an interview. Interviews take place in Copenhagen and other locations on our travel schedule, via telephone or video conferencing. You may apply using our online application system on our website: www.cbs.dk/ftmba

These estimates of expenses are calculated on the basis of a single student during their one-year stay in Copenhagen. Participants are strongly advised to estimate their own personal cost of living expenses.

Estimated expenses 2019-2020

Tuition fee is payable in Danish Kroner only. The indications in EUR and USD are based on the exchange rate per May 2018.

Programme tuition fee DKK 330,000

(+ non-EU fee approx

15,500)

EUR 44,000(+ non-EU fee approx.

2,000)

USD 52,000 (+ non-EU fee approx.

2,500)

Housing

Food/personal expenses

BooksEstimated total (excluding tuition fee)

72,000

48,000

18,000138,000

9,700

6,500

2,40018,600

11,000

7,600

2,90021,500

We travel the world looking for talented individuals with a global mindset that are keen to join an MBA with a heart and make a difference. Ours is a personal admissions approach and we look forward to connecting with you! ”

— Fatima Dhaif Admissions Manager for The Copenhagen MBA

Applicant Profile 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. To be admitted, you will also need:

• Bachelor's degree or equivalent professional qualification

• At least three years of work experience

• A good GMAT score (the class average is 645) or a combined GRE score of 320

Financing your MBAFor the Copenhagen MBA commencing in September, the tuition fee will be DKK 330,000. The required text books, transportation, lodging and other living expenses for a single student is estimated at DKK 138,000. A non-refundable reservation fee is required upon acceptance to the programme, which is applied towards the full tuition fee. Remaining fees will be payable in two instalments. CBS has a limited number of scholarships available, and these will be awarded based on merit.

Looking for funding?

To help out with tuition, you can apply for a loan

with Prodigy Finance. We also offer several CBS

scholarship as well as a substantial scholarship

sponsored by the Waldemar Schmidt fund. US

students are eligible for FAFSA and Sallie

Mae funding.

Learn more about financing options on our website.

THE COPENHAGEN MBA 25

Wonderful CopenhagenCopenhagen is a delightful city to live in – the quality of life is high, green spaces are easily accessible, and the majority of the population use their bikes to get around, setting the standard for low-emission living. Through its strategic placement at the heart of the Øresund region, Copenhagen is a buzzing business hub and home to a wide variety of companies, offering numerous career opportunities.

Green CityKnown as the world's "most liveable city", Copenhagen offers a huge range of possibilities in lifestyle choices. Arts, culture, sports, leisure activities, food and drink are all easily accessible. Part of the city’s uniqueness comes from its environmentally-friendly agenda, which is expressed in creative concepts such as city beaches. There is also no need to leave the city in search of green spaces; all residents live within easy reach of parks.

High Quality of LifeCopenhagen has one of the lowest crime rates in the world and visitors often mention the feeling of security and safety as one of the city’s most distinctive features. The well-functioning public transport infrastructure in combination with the bicycle lanes throughout the city make it easy for you to get around and enjoy the rich culture of the local area. Copenhagen is world-renowned for leading the sustainability agenda in transportation, energy, waste management and other aspects of city development.

Your Working EnvironmentDenmark offers one of the world’s top working environments where work/life balance and self development are encouraged. Corporate culture is heavily influenced by the Scandinavian leadership approach, which is characterised by trust, teamwork and respect for the individual. Furthermore, Denmark offers an outstanding entrepreneurial environment, and has been voted the easiest place in Europe in which to do business by the World Bank.

The city has developed into a hub for technology based companies, especially within the pharmaceutical, chemical, biochemistry, IT and telecommunications sectors. The greater Copenhagen area also hosts a unique creative cluster, notably within the fields of film and TV production, computer games, design and fashion.

I love living in the Copenhagen area; the people are friendly and possess a down-to-earth mindset. Moreover, I very much appreciate the gender equality manifested all around us."

— Huijue Ye, Class of 2018. Chinese, with a background in Journalism.

Looking for an authentic voice?

Our students blog about MBA life in Copenhagen on copenhagenmba.tumblr.com

COPENHAGEN CITY

Foto: Morten Jerichau

To learn more about Copenhagen and Denmark, visit the following websites:

Wonderful Copenhagen www.wonderfulcopenhagen.comCopenhagen Capacity www.copcap.com

Ministry of Foreign Affairs of Denmark www.denmark.dkDanish Immigration Portal www.newtodenmark.dk

The Danish capital likes to think of itself as the bridge between Scandinavia and continental Europe. It is a city rich in cultural opportunities that welcomes visitors with its great food. Best of all, it's ridiculously easy to enjoy all of its charms!”

— Monocle Magazine

MBA EXPERIENCE

The Copenhagen MBA is a life-changing and rewarding experience. Teaming up with fellow international students, learning from a world-class faculty, and living in a city which embraces innovation and sustainability, is all part of a journey that will stretch your mind and challenge your perspectives. We invite you to join us.”

— Poul Hedegaard

MBA Director, CBS

Address

The Copenhagen MBACopenhagen Business School

RaavarebygningenPorcelaenshaven 222000 FrederiksbergDenmark

Admissions Manager: Fatima Dhaif

Contact us

Phone +45 3815 6016Email info.mba@cbs.dkWeb www.cbs.dk/ftmbaBlog copenhagenmba.tumblr.comTwitter @CBS_MBAFacebook facebook.com/cbsfulltimemba

The Copenhagen MBA

• One-year full-time programme starting in September

• Excellent post-MBA visa and work opportunities

• Enjoy leadership development focus through mentoring by executives and coaching

• Experience real world corporate scenarios through the Integrated Strategy Project

• Gain practical entrepreneurial experience through the Advisory Board programme sitting on the boards of start-ups and growing companies

• Prepare yourself to become an outstanding, responsible leader

Copenhagen MBA alumni are based all over the world and engage with the programme as mentors, coaches and guest lecturers.