The following is a guest post by our NUS MBA student, Neil Mehta, who was among the first runners-up team of NUS MBA students participating in the East Asia round of the Venture Capital Investment Competition (VCIC) organised by Nanyang Business School.
The first thing about any business case competition is a business plan. So when an email popped into our inbox asking us to evaluate business plans from real entrepreneurs instead, some of us began to scratch our heads. “Hmm…what’s it like to be on the other side of the table?” The uniqueness of this proposition coupled with a desire to get a taste of the world of venture capitalists(VCs), entrepreneurs and billion dollar start-ups drew some of us from the NUS MBA programme to form team “FuerteVentura”. Loosely translated, it means “promising ventures”, which captures the quintessence of our mission.
- (L-R) Christian Halberg,Chenyin Ge, Ryoko Nagano, Jude Nilendra and Neil Mehta
To succeed in two of the fastest growing economies of the world, China and India, companies need to think local and act global, instead of vice versa, according to the best-selling author, thought leader and a renowned expert on ‘Chindia’, Dr Jagdish Sheth.
NUS MBA students Abhishek Khandelwal, Nilendra Weerasinghe and Jiang Mingzhi have been crowned grand champions at the NUS Asian MBA Stock Pitch Competition 2014, beating eight other teams from some of Asia’s best business schools.
Winning team from NUS MBA with their champion’s trophy.
Benjamin Franklin said, “Tell me and I forget, teach me and I may remember, involve me and I learn.” This teaching philosophy has inspired one of the School’s core initiatives: the NUS MBA Management Practicum.
Part of the NUS MBA programme, the Management Practicum (MP) is one of the key initiatives for the School. MBA students take many different courses to develop understanding of business fundamentals. But how do they fare, when faced with real-life business challenges? The MP allows our students to apply theories and concepts they learn in the classroom, to real-life business issues, all through extensive, hands‐on consulting projects. Led by Adjunct Professor Sheila Wang, teams of three to four students work with a corporate partner of the School to solve business issues and recommend a business plan, all under the guidance of a faculty supervisor.
Sharing insights about the economic transformation of China, Dr Xiang Bing, founding Dean of Cheung Kong Graduate School of Business, reflected on how China has become a global, economic powerhouse and what could hamper its future growth. “China has surpassed Japan, then Germany and, most recently, the US as the largest manufacturing economy in the world,” he said.
Rankings are synonymous with business education. Whether you’re working or studying in a business school, rankings inadvertently become part of the B-school experience as it’s probably the closest we can get to a quantifiable measurement on quality education.
That’s why we celebrate the latest findings in the Financial Times Global MBA Rankings for 2014 released end January. In it the NUS MBA climbed four places to 32nd rank, becoming the highest-ranked MBA programme offered by a Singaporean business school. It ranked 10th for International Mobility, and moved up 12 places to 19th in the world for International Experience, reflecting the diversity of the programme and global exposure it offers to our students.
For our students, the most encouraging finding was the increase in post-MBA salaries – 147% on average – over pre-MBA salaries. To us, it is a validation of the reputation the NUS MBA brand carries.
While our alumni are no doubt key to rankings surveys like this, the School staff are equally crucial, forming the backbone as they work round the year to make the rankings possible. They’re also the ones constantly striving to deliver more on the programme.
The Asia-Pacific has weathered the storm of global financial crisis of 2008 well, and with almost half of the world’s total GDP expected to come from the region by 2040, this century is poised to be the century of Asia, according to William H. Strong, Co-CEO, Asia-Pacific, Morgan Stanley. He was speaking at a talk organised by the School as part of Leadership Dialogue Series.
Did you know that innovation is a strong feature of our community and a core value of our school? The following is a guest post by Christian Halberg, an NUS MBA student who perfectly embodies the school’s entrepreneurial spirit. His team got global recognition recently for an innovative product. Read more from him:
My work & my passion: Ezmon Technologies
In the age of digital information, people want to know more about their own personal health through quantified statistics. Ezmon – short for “easy monitoring” – is a 100% NUS team with an ambition to develop a wristband device for personal health monitoring.
Ezmon META will be able to measure your heart rate, body temperature, and activity rates (e.g. calorie burn) like many other products currently do. What we are seeking to do differently is to develop a killer app: a new technology which enables the user to measure their blood glucose using infrared light rather than having to prick themselves multiple times a day.
Have you ever been inducted to any ‘Hall of Fame’? Imagine the thrill when it’s the hall of fame of one of the world’s most coveted standardised global online exams for college and university students.
Our students just achieved this extraordinary feat. NUS students, Jiaming Chen, Nilendra Weerasinghe and William Santosa Lim have made it to the Bloomberg Aptitude Test (BAT) Asia Pacific Hall of Fame, for the month of October. Jiaming Chen is also the among the world’s top three test takers of BAT.
If you’ve been following our previous posts about Cerebration 2013, you know that the grand finale of Cerebration 2013 was a culmination of many months of hard work and fierce competition among some 650 teams. Three incredibly smart MBA teams battled for the coveted grand prize in the finals of Cerebration 2013, held on 14 November 2013.
The finalists were tasked to propose innovative, implementable and scalable solutions to real business challenges faced by case sponsors – ideas that have the potential to impact the future of society in areas such as personal mobility in mega-cities, personal technology and food security in emerging economies.