ESMT European School of Management and Technology
Tuesday 21 December 2010
History: ESMT was founded as a state-accredited private business school in 2002 by 25 leading global companies and institutions, including Allianz, Deutsche Bank, BMW, Daimler, Lufthansa, MAN, McKinsey, Siemens, and ThyssenKrupp. ESMT offers full-time MBA and Executive MBA programs, Executive Education in the form of open enrollment and customised programs as well as research-based consulting. ESMT’s Full-time and Executive MBA programs are accredited by AMBA.
Address: The school is located in the historical center of Berlin at the prime address of the city, Schlossplatz 1, a few minutes walk from “Checkpoint Charlie”. The elaborately restored main building of the Berlin campus once housed the East German State Council and later the temporary office of the German Federal Chancellor.
Ambience: The state-of-the-art research and learning facilities of the ESMT campus are located in the city center within walking distance to major sights, good restaurants and popular bars and nightclubs. The Tiergarten, Berlin’s answer to Central Park, is within walking distance of the School. With street festivals in the summer and spectacular Christmas markets in winter, an impressive mix of historical and contemporary architecture and even featuring three opera houses in one city, Berlin offers entertainment opportunities throughout the year.
Vital statistics: Since 2004, over 10,000 managers and executives have participated in ESMT’s executive education programs. Eighty-eight students are currently enrolled in the one-year Full-time and the 21-month Executive MBA programs. ESMT’s 28 faculty members hold passports from 17 nations and bring to the learning process their experience gained at renowned universities and companies. ESMT’s programs are international in reach and outlook. The MBA programs combine the development of management competencies with integrative leadership skills.
Easy to get into? A strong first degree, a CV showing relevant professional experience and leadership qualities, two letters of recommendation, and essays on leadership, personal and professional achievements as well as future plans. Proof of proficiency in English (e.g, TOEFL) is required from non-native speakers, and an impressive GMAT is expected from successful candidates in order to be invited to an admission interview.
International connections: In addition to providing an international experience on campus in the heart of a multi-cultural city, ESMT’s MBA programs draw upon the school’s network with universities and companies worldwide. A key part of the curriculum is the international field seminar.
Glittering alumni: ESMT was created just after the Millennium, and has been supported ever since by CEOs of blue-chip multinationals to help develop the next generation of responsible leaders. From Michael Diekmann, CEO of Allianz, to Peter Löscher, CEO of Siemens, these executives demonstrate examples and challenge students in MBA MasterClasses.
Gurus: Lars-Hendrik Röller, President of ESMT, former Chief Competition Economist of the EU Commission; CB Bhattacharya, E.ON Chair in Corporate Responsibility; Luc Wathieu, Ferrero Chair in International Marketing; Francis de Véricourt, operations and decision-making.
Student profile: Full-time MBA students are about 30 years old, with a male to female ratio of 7 to 3. They, come from 15 countries, and have an average of six years of work experience under their belt. Executive MBA participants are, on average, 36 years old and represent 10 different countries, with an average of 11 years of work experience and significant management experience gained prior to starting their ESMT experience.
Cost: The full-time MBA program fee is €50,000; the Executive MBA program fee is €57,500.
Who's the boss? Lars-Hendrik Röller is the President of ESMT.
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