Chat with Prateek, an IE Master in Management student

Hi Prateek, thank you for taking the time to share some insights about your IE experience. Please tell us a little bit about yourself before we get started!
Well, my name is Prateek Rathore. I am from India and I am 24 years old. Currently, I am finishing the second core period of the Master in Management Program here at IE. I am a computer science engineer and did my undergraduate studies at IIT Delhi, considered one of the best engineering colleges in India. Before coming to IE, I also worked at the Royal Bank of Scotland for over a year. I like to travel; have travelled across 16 countries in Europe and a lot in India as well, and I’ve also choreographed dance teams at various national-level competitions.

Thanks Prateek! And now a question that might be interesting to prospective students; why did you choose IE as your center of excellence?
First of all, it is not a secret that IE is one of the best schools in the world that offers a master program in international management. Besides, I am a firm believer that in management studies, one learns more from one’s classmates than from the professors, and given that diversity is one of IE’s core values, it made my decision to apply to IE fairly easy. In addition, as I am very interested in technology, IE is one of the only schools to my knowledge that offers a specialization in Digital Business which I am about to start in a few days. And last but not least, I applied to IE because of the Venture Lab and the overall entrepreneurial spirit it instills in the students here.

Perfect! Prateek, but what about your actual IE experience? Now that you have completed two of the three core periods, what are the things that stand out during this time?
The one thing that immediately comes to my mind has to do with how classes are being taught here at IE. The case methodology really makes the classes more interesting and interactive while giving one a great variety of practical as well as theoretical knowledge about different sectors in the market. Another thing that stands out is the competition between classmates. Everybody and when I say everybody I mean everybody, is competitive at IE. However, it is a healthy competition because people really grow together, learn from each other and many times help each other with problems. One more reason to do so may be the high workload here, as you simply cannot complete all the tasks by yourself. And this brings me to my next point. Over the last two periods, I really learned how to manage my time and prioritize the things that I had to do. IE offers you many extracurricular activities, such as speeches, workshops, weekly meetings etc.; thus, you really have to learn how to manage your time well if you want to grab as much as you can on the way. And, I think I don’t have to tell you about the Madrid night life; it’s amazing. But I guess the most important thing is truly the diversity in class, on campus and even in Madrid. You can get so many different view points on a topic that you feel like you grow with every class discussion while your global network keeps increasing day in and day out.


2012: the BRICs will take the growth lead

IE Business School survey reveals that expectations for economic growth in 2012 are focused on the BRICs. The highest growth rates in 2012 will be found in the BRIC countries. So say 94% of the directors who participated in the 2012 IE Global Alumni Forum (GAF)  survey of the world economic outlook for 2012.

Some 827 directors from 61 countries in all five continents took part in the survey, drawn up by IE Business School in the lead up to its Global Alumni Forum – GAF Madrid 2011, set to take place on September 30. Speakers include Ángel Gurría, General secretary of the OECD, who will be examining the world economic Outlook, together with Guillermo de la Dehesa, President of IE’s International Advisory Board de IE.

According to participants in the survey the BRICs are the countries with the greatest potential for growth in 2012, with Brazil being the country most expected to have the highest rates (40%), followed by China (39%), India (17%)  and Russia (5%). Meanwhile, 91% of participants think that the Latin American region will either maintain its current rate or grow faster. The survey results point to a generally held belief that the Latin American countries with the best future potential were Brazil (58%), Chile (17%) and Peru (10%). With regard to Europe, 77% feel that the European economy will stabilize or grow in 2012. Sixty two percent think the same about the EU. Within the EU, 64% consider that Germany will have the best growth rate, followed by Poland (7%) and the UK (5%).


China, India and Japan: Global Economic Drivers

IE Business School and Casa Asia are organizing this conference to discuss the concerns that Asian companies have in Europe and vice versa, in order to show the full potential, from the business point of view, of relationships with three of the major Asian countries: China, India and Japan.

Every time we have more and more evidence that Asia will be the center of global economic growth over the coming decades, due to the enormous strength of the Asian economies. In Europe, Asia is perceived as a great opportunity for its high growth rates, demographic factors, infrastructure needs and rising middle classes. In Asia, Europe is perceived as a market with high rates of consumption that is valued technological capacity of their firms, the relevance of their brands and the degree of excellence shown in the design of certain products.