Brandeis University International Business School
Brandeis University International Business SchoolMailstop 032
P.O. Box 549110
Waltham, MA, 02454-9110
The International Business School at Brandeis University is unique among business schools: its most popular degree is not the MBA, but rather a Master of Arts in International Economics and Finance. Named after early Brandeis benefactor and real estate executive Samuel Lemberg, the program was launched in 1987—11 years before Brandeis offered an MBA degree in 1998. The two-year program is distinctive largely for its internationally focused curriculum and the merging of economics and finance topics. For the past two years, The Financial Times has ranked it first in the U.S. among programs that do not require work experience. Currently, 167 students are enrolled in it.
Four years ago, the school launched what it calls a “Global Green MBA,” a program for aspiring leaders in the field of corporate sustainability: the MBA in Socially Responsible Business. The concentration, part of the school’s Green Global Initiative, integrates issues such as economic development, social development and corporate governance, into the core MBA program.
In August of 2012, Brandeis debuted four new MBA specializations in asset management, corporate finance, risk management, and marketing. Those new specializations add to its existing real estate concentration. Magid says he is about a year away from launching a new life sciences MBA to leverage Brandeis’ reputation in science. A Master of Finance degree program has 78 enrolled students.
Dean Bruce Magid believes the specializations give students the opportunity to develop specific skill sets that will make them immediately marketable. Most of Brandeis’ specializations are a direct result of feedback from the companies that hire MBAs. “A couple of years ago, I went to recruiters and asked them what they needed to make sure our students were ready to bring the right skills to the market.”
Of course, he’s building these programs under the name of a relatively small liberal arts university but one with a world-class brand. U.S. News ranked Brandeis University 33rdamong national universities in the U.S. Like ‘Ted’ Snyder at Yale, Magid believes strongly that the business school should take greater advantage of the intellectual resources of the rest of the university.
“The business model for most business schools has been a standalone model,” he says. “I believe in a more integrated approach where students get the ability to leverage the university. They can take courses in other departments and speakers from all over the university come into the school.”
Several courses in the school’s green MBA program, for example, have been jointly developed with Brandeis’ Heller School for Social Policy and Management. In March of 2013, the business school is co-sponsoring a symposium on Brazil with its International Center for Ethics, Justice, and Public Life.
In the fall of 2010, moreover, the business school started an undergraduate business major, which has since tripled in enrollment to 400 students. Between the business major, a business minor and a five-year BA/MA program, Brandeis IBS touches nearly one out of every ten undergrads at Brandeis University.
From Brandeis University International Business School:
If you plan to compete in the emerging global economy, you will need to understand international product and capital markets, multicultural organizations, and the competitive structure of global industries. And you will benefit from experience in the international arena.
The MBA at the International Business School is one of a handful of business degrees that directly targets this skill set. It is a two-year program that provides grounding in the international dimension of every business function, incorporates international experience through study or an internship abroad, and exposes students to the best practices of the world’s leading companies.
Our MBA doesn’t merely teach functional skills, it also develops a framework for understanding international competition through the study of globalization and economic interdependence. Students leave with a fresh perspective on the global economy, excellent technical skills, international experience, and contacts needed to launch an exciting career.
The Brandeis IBS Master in Business (MBA) provides the expertise required in today’s global business environment. The program is designed for students with work experience who are seeking to pursue careers in firms operating across borders or competing in international markets, in global consulting firms, in other international organizations. Its main elements are:
- A conceptual framework for understanding business strategy in global markets.
- A comprehensive skill set in finance, accounting, strategy, economics, marketing, organizational behavior and quantitative methods.
- Advanced expertise in one or more specialized areas; most students choose finance or strategy as background for positions in financial institutions or consulting, or related positions inside companies. A special finance concentration is offered.
- An ability to apply judgment and expertise to “real world” business problems.
The Brandeis Advantage
Brandeis University, the youngest major private research university in the United States, is recognized for its academic excellence and commitment to social justice. Brandeis has especially strong programs in the life sciences, history, economics, business and other fields.
A Remarkable History
Founded in 1948, the University is named for Louis Dembitz Brandeis, a distinguished United States Supreme Court justice. With early faculty members such as Eleanor Roosevelt and Leonard Bernstein, Brandeis quickly established an international reputation. Thirteen years after its founding it was accredited by Phi Beta Kappa, and in 1985 it was elected to the Association of American universities, the exclusive “club” of the 61 leading research universities of the US and Canada.
The University’s 30,000 alumni include chief executives Leonard Asper (Canwest), Christie Hefner (Playboy) and Suk Won Kim (Ssangyong Group), bankers Barry Kaplan (Goldman Sachs) and Louis Perlmutter (Lazard Freres), journalists Thomas Friedman (New York Times), Walt Mossberg (Wall Street Journal) and Bill Schneider (CNN), and government leaders Nikolai Vassiliev (Deputy Prime Minister, Bulgaria) and Dimitrij Rupel (Minister of Foreign Affairs, Slovenia).
Brandeis has 3200 undergraduate and 1100 graduate students. Its 499-member faculty includes former labor secretary Robert Reich, historian David Hackett Fischer, three MacArthur “genius” award winners, and 30 members of leading scientific academies. Brandeis is ranked 31st among US universities in US News and World Report, and 9th in a study by Graham and Diamond (The Rise of American Research Universities) based on quantitative measures of the impact of faculty research.
We occupy 96 buildings on an attractive 235-acre campus. Landmarks include a one-million-volume library (Goldfarb), an outstanding sports complex (Ford), a new campus center (Shapiro), a celebrated museum of modern art (Rose) and a theater (Spingold). Brandeis is located in suburban Boston and is connected to Boston and Cambridge by a 20-minute train ride.
IBS’s MBA graduates are distinguished by their solid analytical and quantitative skills, and by their international perspective and experience. MBA graduates have gone on to diverse positions and companies, most often in financial institutions, consulting firms and multinational companies.
Positions after Graduation
The first position after graduation depends, in part, on the experience of a student before IBS. With three or more years of related work experience and a good academic record at IBS, our graduates are attractive candidates for “associate” positions in consulting companies and investment banks, particularly when international experience is of special value (say, in international firms or positions abroad). MBAs typically receive starting salaries in the $65,000 – $100,000 range, depending on experience.
Our Career Development Center takes a personal approach to your career, offering customized planning to help you achieve your goals – whether that is serving in a leading public institution, starting your own organization, joining a leading global company, or working in a major financial service firm.
From the moment you arrive on campus, we begin working with you to assess your skills and experiences.
Brandeis IBS alumni serve and lead in our network of public- and private-sector organizations worldwide, including these below;
Banking & Finance: Bank of America, Fidelity Investments, JP Morgan Chase, State Street Corporation,
Consulting & Professional Services: Bain & Company, IHS Global Insight, McKinsey & Company, PricewaterhouseCoopers,
Corporate & Technology: Apple, EMC, Google, IBM, Lufthansa,
Government & Nonprofit: African Development Bank, U.S. Federal Reserve, European Bank for Reconstruction and Development, IMF
At Brandeis International Business School (IBS), students take advantage of our rich globally-minded offerings and opportunities, from our more than 20 study abroad partners and immersion opportunities to our network of 2,200 alums located in more than 100 countries around the world.
Global fluency, to us, means more than language. It means having a firm grasp of cultural nuances; recognizing the interplay of economic, political and social forces; understanding the dynamics of cross-border commerce; and finding opportunity in volatility across global markets. It means knowing how the world works and being able to thrive in it.
Brandeis IBS’ student and faculty population is decidedly cosmopolitan; one recent graduate likened the school to an “Olympic Village.” More than 60 nations are represented and, while English is a common thread, a plethora of languages can be heard through the hallways on any given day.
When you choose to study at Brandeis, your home base will be our 235-acre campus in Waltham, Massachusetts. But you’ll also find yourself in a special metropolitan area with other world-class cities at your fingertips.
The center of Boston is just ten miles from Waltham. Known to locals as the “Hub of the Universe,” Boston offers some of the most sophisticated cultural, educational, social, and business opportunities available anywhere in the United States. Across the Charles River from Boston is Cambridge. Best known for its academics, this is also a top choice among IBS students as the place to live and visit.
Boston is known as one of the most vibrant, student-friendly cities in America with more than 600,000 people in its twenty diverse neighborhoods – another 3.5 million in the wider metropolitan area – as well as 250,000 students in its nearly three dozen colleges and universities. So, what exactly is this reputation based on?
It is that despite its rich history, Boston remains a youthful city and a center of contemporary culture. It is it’s combination of skyscrapers in the financial district with brick row houses in the Back Bay and the trendy shopping on Newbury Street, coupled with the vibrant ethnic neighborhoods in the Italian North End and Chinatown.
Boston has countless historic sites and world-class cultural institutions such as the Freedom Trail, the Museum of Fine Arts and the John F. Kennedy Library. Those looking to enjoy the city’s nightlife can visit its restaurants, clubs and concert venues. And, of course, for sports fans, Boston boasts some of the country’s best teams in baseball, football, basketball, soccer and hockey.
Public transportation allows students to easily access most parts of the city. Boston also presents a gateway to the many vacation opportunities of New England – from the sandy beaches of Cape Cod to nearby Mountains for hiking and skiing. No matter what students are looking for, Boston has it all.
Information about Boston:
- http://www.cityofboston.gov – Get detailed information about Boston and take care of business online.
- http://www.boston-online.com – Find out about everything from Boston English to the best public restrooms.
- http://www.searchboston.com – Link to an online directory of what Boston has to offer.
- http://www.mbta.com – Take a look at public transport maps and timetables.
- http://www.boston.com – Read The Boston Globe online.
- http://www.massport.com – Everything you need to know about Logan Airport.
No stranger to innovation, Waltham gave birth to the Industrial Revolution with the invention of America’s first power loom. This reputation thrives today: Waltham is part of the “Route 128″ complex, one of the nation’s major centers of innovation in investment management, computers, telecommunications, and biotechnology.
Nostalgically known as the “The Watch City” for the Waltham Watch Company of the 1800′s, Waltham offers students several affordable residential neighborhoods within walking distance of Brandeis. Like Cambridge and Boston, Waltham is situated on the banks of the Charles River, where students can also enjoy walks and canoe trips. A train line connects Brandeis and Waltham directly to Boston and Cambridge.
Waltham’s central business district has undergone a wave of renewal. Its heart today is an area locals call “Restaurant Row,” one of the Boston area’s best collections of small, inventive restaurants that offer foods from every corner of the world, a brewpub, and more.
Information about Waltham:
- http://www.walthamchamber.com – Take advantage of Waltham’s online resource center.
Cambridge is the home of Harvard University, MIT, and many high tech and biotech companies. No other city in the nation can claim to have cultivated more U.S. presidents and Nobel laureates. Due to its stimulating academic environment, Cambridge has become a magnet for young people seeking opportunity and fun. The city has:
- Largest concentration of biotechnology companies on the East Coast
- Over 200 software companies
- 448 restaurants representing thirty cultures
- 30% of the workforce has a professional or graduate degree.
- More bookstores per capita than any other city in America
- The birthplace of the first analog computer, the Internet, and the first instant photograph
Most IBS students visit Cambridge often, and some choose to live there. There are many eclectic neighborhoods, ranging from those with modest rents to very expensive ones. North Cambridge and neighboring Somerville are especially popular with Brandeis students because they are connected by a short train ride to the campus. Cambridge is also a “walker’s city,” with easily accessible shopping and cultural attractions.
Information about Cambridge:
- http://www.cambridge-usa.org – Get helpful visitor information.
- http://www.cambridgechamber.org – Go here for information about living, and doing business in Cambridge.
The study of the global economy is at the heart of the educational experience at Brandeis International Business School (IBS). By teaching rigorous business, finance and economics, connecting students to best practices and immersing them in international experiences.
Brandeis IBS also offers more than 30 core courses and 65 electives each year. MBA students can pursue one of nine specializations within areas of business, economics and finance that align with their educational and career aspirations. A powerful blend of academic rigor and practitioner expertise gives students skills in global fluency that enable them to thrive across borders and cultures.
Program of Study
The first year of the program is exciting and intensive: it offers students a comprehensive immersion in global markets and business decisions in finance, marketing, strategy and organization management. You explore these functions individually, and in their interrelations in the integrated business enterprise. You also develop important practical skills in accounting and information systems.
The second year offers more advanced applications and allows you to acquire specialized expertise in finance or another field. Many students spend the fall abroad at one of the world’s best business schools-we have exchange relationships with 20 schools around the globe.
Electives include hands-on courses in important areas of practice, often taught by a senior professional in the field. We pride ourselves in the dynamism of our offerings: one of six courses is new every year, keeping the curriculum fresh, and making it possible to use major current issues to motivate learning and analysis.
An illustrative course sequence is below – but remember that your program will almost certainly differ from this depending on your preparation and career objectives. Even the sequence of required courses may be adjusted depending on your background. To explore our offerings, see our course list.
The IBS faculty consists of twenty research-oriented scholars specializing in international finance, economics and business, and a similar number of adjunct professors with extensive practical experience as senior executives of Boston-area companies. All faculty share an interest in international issues and often have substantial international research or work experience.
We thrive on the excitement that leading-edge research brings to the day-to-day life of the School in discussions, classrooms, and conferences. The faculty includes some 20 scholars specializing in international finance, economics and business. Nearly all hold PhDs from leading US institutions and many are widely known and edit journals in their fields. Faculty members focus on several disciplines, but share a fundamental interest in international issues and typically have studied or conducted research abroad.
The IBS faculty is also diverse. Many are from outside the United States, and all have academic teaching and research interests that transcend national borders. The School’s two research institutes are also dedicated to global issues: the Rosenberg Institute addresses global finance, while the Asia-Pacific Center for Economics and Business conducts research, teaching and outreach on the Asia Pacific region.
Teaching is valued highly. The curriculum includes case-method and instructor-directed courses, and emphasizes classroom interaction. Classes are relatively small (40s for core courses and 20s for electives). Student evaluations average above 4 on a 1-5 scale. Our professors are not easy, but succeed by bringing difficult topics to life through skillful discussions and concrete examples.
We are not just scholars. Our faculty also includes some 20 adjunct professors with extensive practical experience, such as Chief Credit Officer of a large bank, Chief Fixed Income Strategist of a major investment firm, and Chief Budget Officer. Their popular courses connect theory to the business decisions of real firms. Entrepreneurship is one area of active involvement for several adjunct faculty members, who contribute their expertise to courses and to extra-curricular activities such as the annual Business Plan Competition
“The innovative approach at IBS engages you with real-world issues, offering opportunities to apply your knowledge in practical and meaningful ways.” Esin Ozemir, Turkey, MAief, 2011
“Brandeis IBS takes a broad world view. A lot of what I learned was structural thinking, how to analyze strategic issues and how to work with other people through effective cross-cultural communication.
All these skills are important in both government and private sector.”
- Daniel Goldsmith, USA, MBA 06