13
Dec

Young Talented Leaders Scholarship

Written on December 13, 2013 by Dirk Hopfl in IE University

Sin título-2Can you imagine to start your university career overseas but hesitated because of the cost involved? Now you can continue dreaming with a 4 years scholarship covering all of your expenses and providing you with annual internships. To good to be true… well, here it is:

AJE, the producer of BIG COLA, and the IE Foundation recently launched the Young Talent Leader Scholarship. It is aimed at Indonesian and Thai high school students with IB Diploma or A’Levels. It covers 100% tuition fees plus living expenses and housing.

Why wait? Apply for your Bachelor Degree and for the YTL Scholarship here!

Application Deadline: March 15, 2014

Get all the details here!

10
Dec

3 start-up benefits that go beyond monetary compensation

Written on December 10, 2013 by Dirk Hopfl in IE News

Gessica Lomonte, MIM Graduate

The following post was composed by one of our MIM Alumni, Gessica Lomonte. You can check out how her start-up is doing, here.

When you are starting a new company finding awesome team members can be one of your biggest challenges. Your salary is likely to be much lower than the market rate; your boss could be younger than you are and you’ll probably become tired of listening to sentences like “We are running out on cash”. It is going to be hard, but living with these kinds of fears will really make an impact on you. Maybe you might not ever gain much in terms of monetary compensation, but on a personal level rewards are priceless. Here are three benefits you will have:

First-hand Experience

Maybe working for a huge multinational company would give you greater security, but on the other hand, it would also entail more corporate ladders and less responsibility. In a start-up everyone is expected to contribute right from the beginning, to actually make decisions and all in an environment with almost no hierarchy, which means you will manage and learn multiple parts of the business at the same time and a faster pace.

The Chance to make a visible Impact

Problems are catalysts for start-ups. Companies are created with the aim of finding solutions for everyday problems, or for making our lives easier. By working in a start-up and given that teams tend to be rather small, you will be able to contribute and be part of that solution through your ideas and your work.

Attitude and Environment

As Steve Jobs said “Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do”. But most importantly, whether you love your job or not will depend on the people that surround you. Start-up teams are usually made of young and ambitious individuals, and chances are they are also a bit crazy, or at least that is what the rest of the world thinks of them, just because they believe in the unbelievable – and that positive attitude towards the future will shape your personality.

Maybe your salary will be lower, maybe you will have to bring your own laptop to work, and maybe you won’t have monetary benefits; but you will build great friendships and most importantly you will see the outcome of your actions and you will be seen as a person, not a mere number in the annual balance sheet equation.

First published on the Master in Management Blog.

1
Oct

IE Entrepreneurs: MBA inspired jewelry

Written on October 1, 2013 by Dirk Hopfl in IE News

Doing an MBA at IE and living in Madrid for a year and half is a life changing experience. I have met the most amazing people and made friends all over the world. Madrid is a wonderful city to live in and has plenty to offer, which can sometimes be a challenge to staying focused on school while living there.  When it comes to MBA itself, at first I was very frustrated thinking I was not receiving the knowledge I expected, but it wasn’t until the end of the core period that I realized how much I had changed and the amount I had actually learnt.  It is so that I have gained many skills that I can now apply to my new business.

When I first joined IE, I wanted a career in investment banking or consulting, but during my stay at IE, I realized that I would be mislabelled if I joined any of these fields. I realized that I would only be happy while helping other people and that, if I wanted to help people, I needed a sustainable business model. With the help of friends and a lot of research, I concluded that handcrafted jewelry would be a good line to start with. Finally in March 2013 Fairose was born, with 5 product offerings, which we plan to expand soon. Fairose will devote 25 percent of its profits to help the community and save certain handcrafts from being extent. For the coming 2 or 3 years we will focus on producing jewelry but after we hope to start producing apparel. We also hope we can replicate our model in different countries to help as many people as we can.

By Hany Abdel Shahied (IMBA 2011), first published on the International MBA Blog.

24
Sep

TYBA, winner of Venture Day Madrid 2013

Written on September 24, 2013 by Dirk Hopfl in IE News

BBA Students Eiso Kant and Jorge Schnura talking about their company TYBA and their IE Venture Day win. They explain how the company was created and how it feels to be the first undergraduate team from IE University to win first place at IE Venture Day.

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18
Sep

Celebrating Diversity: IE Global Village

Written on September 18, 2013 by Dirk Hopfl in IE News

IE Business School held Global Village 2013 in June this year. Five hundred students and alumni from over 80 countries took part in the multicultural event, which served to showcase the best of their countries’ cuisine, art and traditions.

There were stands from 25 countries in this ninth edition of Global Village, providing information on tourism and cultural heritage. The event also featured gastronomic exhibitions and music and dance from the different countries, including capoeira, belly-dancing, tango, typical dances from India and Mexican rancheras.

The funds raised by the sale of tickets for the event will be used to fund the IE Social Responsibility Forum 2013, an international workshop that serves as a platform where experts from around the world examine the corporate strategy challenges in the field of social responsibility, and which is set to take place on November 22 and 23 in Madrid.

Giedre Pavalkyte, Campus Life Manager at IE Business School explained that Global Village is unique to IE Business School. “It is aimed at celebrating the cultural diversity of our students and showing the rich tapestry of countries on our campus. Global Village permits students to get to know each others’ countries by showing the best of their home countries, their traditions, their music and dance, their gastronomy and folklore, thereby enriching their academic experience.”

The Global Village event is organized by IE Business School’s Net Impact Chapter. Net Impact serves as an international platform comprised of 40,000 students and professionals in over 300 chapters around the world who use best business management practices to change the world, promoting initiatives in fields that include CSR, sustainable development, social entrepreneurship and responsible investment. IE Business School’s Net Impact Chapter has just achieved gold standing within the Net Impact network, the highest distinction awarded to the chapters that form part of the organization, for work undertaken in the 2011-2012 academic year.

“We are delighted to receive this distinction in recognition of the hard work and dedication of IE Business School’s Net Impact Chapter, as well as the commitment of the entire IE community to the idea that we can change the world through sound business management,” said Tanya Shariff, former President of IE Business School’s Net Impact chapter.

13
Sep

IE Edutainment: Entrepreneurs’ top tips

Written on September 13, 2013 by Dirk Hopfl in IE News, IE University

Entrepreneurs Martin Varsavsky (founder and CEO, FON) and Bernhard Niesner (co-founder and CEO, busuu.com) met with second-year BBA student Carolina, to discuss success, failure and the right time to be an entrepreneur.

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10
Sep

Rethink Music – Ventures for the music industry

Written on September 10, 2013 by Dirk Hopfl in IE News

Berklee College of Music, IE Business School, and Midem today announce the first-ever Rethink Music Venture Day, to take place in Berlin, Germany on Thursday, October 24, 2013, at the nhow Music and Lifestyle Hotel.

The event merges Rethink Music’s experience in fostering positive change for the future of the music industry and IE’s global Venture Day format to give music entrepreneurs the opportunity to pitch their projects to a team of experienced executives and investors.  It will also offer a variety of learning workshops and discussions for attendees on subjects such as marketing and raising funds for a music enterprise.

Entrepreneurs or companies may submit a proposal to present at Rethink Music Venture Day until September 23, 2013.  Notices will be sent to selected presenters by October 1.  Projects must be “investor ready” with a committed team and a tested business model.  Criteria for assessment will include innovation, team, growth potential, and scalability.  The winner will receive $10,000 legal services through an in-kind donation from Duane Morris, LLP, enrollment in an online certificate program from Berklee Online, a complimentary registration to Midem 2014, and access to investors and capital.

Admission to the Rethink Music Venture Day is free of charge.  Complete information on registration as well as the submission form may be found at rethink-music.com.

“Continuing the tradition of Berklee’s focus on the future via Rethink Music, we are proud to announce a call for proposals from the next generation of music entrepreneurs. The event will provide an inventive platform for launching a new music startup and we are pleased to continue to this work with Midem and IE” says Allen Bargfrede, Executive Director of Rethink Music for Berklee College of Music.

“Midem believes that entrepreneurship and business incubation has a positive impact on the music industry, for this reason we have developed several initiatives such as Midemlab, our startup competition. We are delighted to continue our collaboration with Berklee College of Music and our new partner, IE, for the first ever Rethink Music Venture Day in Berlin” comments Bruno Crolot, Director of Midem.

“With today’s new music industry business models, a Venture Day for startups in music, provides a great networking opportunity for music entrepreneurs, brands and investors,” said Paris de L’Etraz, Director of the IE Venture Lab.

7
Sep

Undergraduate student mobility on the rise

Written on September 7, 2013 by Dirk Hopfl in IE University

240 university counselors in 33 countries took part in an IE University survey designed to pinpoint the interests and preferences of the upcoming generation of university students with regard to study abroad and most popular degree programs.

International mobility has risen fast among young university students worldwide in recent years. This is one of the main findings of a study carried out last month by IE University, in which 240 counselors at international schools in 33 countries around the world took part. The aim of the report was to reveal the interests and preferences of the upcoming generation of university students in aspects like study abroad and preferred degree programs. The survey was linked to the IE University Junior Advisory Board Meeting held this past week at IE’s Madrid and Segovia Campuses, in which 15 students from 13 countries, aged from 16 to 18, met to talk to IE University about how they see their future in higher education.

With regard to study abroad, 70% of participating counselors have seen an increase in international mobility among students in recent years. There are variations in this trend depending on the world region. In India, for example, some 73% of counselors believe that more than 50% of their students will go abroad to study, while in the US, 71% of counselors thought that less than 20% of their students would leave the US to study. Overall, 47% percent of counselors stated that over half of their students were now considering studying their university degree abroad, which reflects the level of globalization in the labor market, the mutual recognition of titles among countries in the European Higher Education Space, and the international redistribution of employment as a result of growing and emerging economies. “Now, more than ever before, we are seeing an interesting flow of talent among host countries,” says Antonio de Castro.  Dean of Undergraduate Studies at IE University and coordinator of the survey. “Just like in the business world, students are considering the best options to link their university studies to their career expectations.” Read more…

5
Sep

Making Change Happen – the core of IE’s International MBA

Written on September 5, 2013 by Dirk Hopfl in IE News

Making Change Happen is a one-week intensive module that forms part of the core IMBA curriculum at IE Business School. This dynamic module provides students with the unique opportunity to interact with seasoned professionals and learn firsthand about different ways to approach change management initiatives.

This year IE is proud to have collaborated with another top consulting firm, a worldwide consulting leader, to actively engage you in a “Change Challenge.” Consultant representatives assumed the role of key decision makers within an organization and presented students with a practical “real life” problem. In turn, students were expected to analyze the issue within a condensed period of time and produced a proposal that detailed not only a solution, but more importantly a methodology on how to reach that solution.

This challenging exercise was intended to push students beyond their comfort zone, as they learned how to address complex issues that arise in change management processes. The climax of the week occurred as students presented their solutions internally to a team of IE Professors whom screened for the best semi-finalists. These eight semi-finalists then presented to a former partner of the consulting firm, who hand-picked four finalist groups to present on the last day of the module, where the Consultant representatives determined the overall winning team.

First published on the International MBA Blog.

3
Sep

IExPEERience at IE University 2013

Written on September 3, 2013 by Dirk Hopfl in IE University

The IExPEERience is a special event for admitted students of IE University which allows them to really understand how it feels to be a part of the IE University community. The event runs over three days and gives all attendees a chance to sample classes, workshops and debates as well as to get to know their future professors and fellow classmates.

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