Dear reader,
Welcome to the March edition of the SIMT newsletter. This month you will read on the launch of the Central and Eastern Europe Initiative, contacts to Asia, cooperation contract with the Universität Stuttgart, portrait of an extraordinary graduate, the first SIMT HR Forum, international participants in Leadership Excellence Program and much more.
This newsletter provides you with information on recent developments at SIMT, new programs, events and all other news. Thank you for subscribing to our free bimonthly information service.
Best regards,
SIMT Business School
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SIMT Newsletter | March 2006
******************************************************************** I. | | Central and Eastern Europe initiative launched successfully | II. | | The first SIMT HR Forum on "The Demographic Change and the Consequences for the Companies" | III. | | SIMT deepens contacts to Asia | IV. | | International Executives join the Leadership Excellence Program | V. | | Cooperation Contract with the Universität Stuttgart is signed | VI. | | SIMT MBA Graduate Portrait: Tatiana Fish | VII. | | "Arbeitskreis Personal" meets at SIMT | VIII. | | Symposium of the Institute of World Economics | IX. | | Upcoming Events |
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I. Central and Eastern Europe initiative launched successfully
The SIMT now has successfully started its Central and Eastern Europe initiative, after the Symposium "Challenge Central and Eastern Europe - Consequences for the German Business" of the SIMT Board of Governors has been visited excellently in the fall of 2005.
On the 1st of March 2006 SIMT participated together with the companies Trumpf and Behr at the Career Days in Prague. Another combined presentation will be with LGI Logistics Group International at the World MBA Tour in Sofia on March, 15th. Together with IFUA Horváth & Partners the SIMT will present itself on the Access MBA One to One fair from May, 29 until May, 30 in Budapest.
In comparison to Germany the countries in Central and Eastern Europe show a strong economic growth of 4-7% per year. SIMT firstly focuses on the growing regions of the CEE countries because especially on those emerging markets the quality of the employees plays a key role. The job chances of the today's SIMT students and graduates from Central and Eastern Europe at German companies are excellent. In 2006 further events are planed in Asia, Middle and South America in cooperation with the SIMT partner companies.
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II. The first SIMT HR Forum on "The Demographic Change and the Consequences for the Companies"
Germany is in the process of a significant demographic change. The changing age structure of the society will affect the work enviroment seriously. At the same time the shortage of well-educated employees and executives for the near future is forecasted. How can companies face this challenge? This question will be answered at the first SIMT HR Forum. The speeches will show solutions how to approach these new conditions on the job market.
This up-to-date topic kicks off a series of SIMT events on latest HR developments. Two times a year the SIMT HR Forum will inform on current topics and function as platform for the exchange of information and networking.
Date: Friday, March 10, 2006, 2.00 p.m.
Event Venue: SIMT, Filderhauptstrasse 142, 70599 Stuttgart
The program is obtainable on the SIMT event website. For more information, please contact:
Simone Marhenke, Manager Corporate Relations SIMT
Sandra Romahn, Manager Career Center SIMT
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III. SIMT deepens contacts to Asia
Senator e.h. Datuk Dr. Helmut Baur and Prof. Dr. Karl-Friedrich Ackermann
In February Senator e.h. Datuk Dr. Helmut Baur, CEO and Chairman of the Executive Board of Binder Optik AG and Honorary Consul-General of Malaysia was invited to visit the SIMT by Prof. Dr. Karl-Friedrich Ackermann. The intention of the meeting was to intensive the business relationship between Malaysia and SIMT on a long-term. Malaysia is already active on the global market and requires well-educated executives.
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IV. International Executives join the Leadership Excellence Program
On May 15th the SIMT Leadership Excellence Program will start with a group of participants being highly international. Italy, Germany, France, USA and Canada - this is where the training participants are from. All of them hold top leading positions in various industries. The international Leadership Excellence Program works on improving their leadership competencies. Everyone designs an individual development plan to start from. This personal plan is the important tool over the next 12 months.Top manager are personally challenged to develop their leadership skills. The improved skills especially focus on leading in an international business field.
The Leadership Excellence Program in German language will begin in October, 2006. Detailed information is obtainable on the SIMT homepage.
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V. Cooperation Contract with the Universität Stuttgart is signed
 | | | Prof. Dr. Karl-Friedrich Ackermann, Managing Director SIMT, signing the cooperation contract | | |
On the 3rd of March the cooperation contract between SIMT and the Universität Stuttgart has been signed. The cooperation of both higher education institutions is now ruled clearly. The Universität Stuttgart is responsible for the admission requirements and in charge of the course offerings which are executed by SIMT in own responsibility. SIMT and the University together issue the certificate. The international Business School and Further Education Institute of the Universität Stuttgart SIMT thus has a clear growing perspective and will consequently use it.
The SIMT Chairman of the Board of Trustees and Rector of the Universität Stuttgart, Prof. Dieter Fritsch, welcomes the contract, which the senate decided unanimously. "Through the now signed cooperation with SIMT, the demand for further education of the young professionals can be served even better. Now the Universität Stuttgart has a platform to enter the international market of MBA education and on the other hand offer fee-based scientific further education programs."
Prof. Karl-Friedrich Ackermann, SIMT Managing Director also welcomes the agreement:"The SIMT now has a clear growing perspective. We will consequently make use of it. The companies of the international and technology orientated economy of Baden-Württemberg have a high demand for excellent national and international executives and various further education opportunities."
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VI. SIMT MBA Graduate Portrait: Tatiana Fish
Russian Alumnus graduated with merit while raising a child and working for Hewlett-Packard
Tatiana Fish, born in Russia, graduated from SIMT in 2005. As a career-integrated student she continued on working for Hewlett-Packard. After the 1st MBA year her baby was born. Tatiana Fish managed to complete the MBA study with merit, while raising a child and having 100% career - all at the same time. Now she is Public Relations and Analyst Relations Manager in Enterprise Storage and Server Business, EMEA (Europe, Middle East and Africa) for Hewlett-Packard.
1. What was your job/career situation as you decided to pursue an MBA?
I worked at HP European Marketing Center since 1999 where I transitioned from HP Russia with 6 years HP experience in marketing, and I was responsible for Enterprise Business analyst relations in EMEA. I felt that in this job it was important to have knowledge in management and business, however my existing education as IT professional was not enough. I always wanted to complete an MBA as part of my personal development, and my manager has encouraged me to look for one to allow career-integrated study so that I can continue my job.
2. Why did you choose SIMT?
I was looking at several business schools near Boeblingen/Stuttgart where I work and only SIMT at that time offered a career-integrated (CI-MBA) course. I was not able to do remote or full-time program in other countries/cities due to my job. It already involved a lot of travel and required my presence in office for the working week and also due to family situation. My baby was born right after the 1st year of MBA. SIMT offered weekend study schedule (Friday and Saturday) and the course program in International Management was meeting my objectives for learning.
3. What are the best elements in the SIMT MBA program in your opinion?
The MBA program is in English and very case-oriented, i.e. real business cases were at the core of the education process. The team of professors at the time I started the study was very impressive with professors from US, Sweden and UK business schools. The group of students was international, and a lot of them came from Asia Pacific Region. This cultural experience was new to me, as I work with a lot of US and European colleagues usually.
4. Was the mix of backgrounds and cultures the other students offered beneficial and if so, how?
I found the CI-MBA team very beneficial, as all the students came from large & medium enterprises and had already had job experience for more than 5 years in middle-management. The team was mostly Germans with me and one Spanish student as exception, but for me it was great experience as I work in the US-company and the others worked in German companies or big multinationals. The full-time students were as I already mentioned to large extend from the Asia Pacific, also many had job experience in their home countries - so that was great and useful for enhancing my multi-cultural communication skills.
5. How has the SIMT MBA helped in the development of your career?
I got the MBA with merit - which is already a "plus point" in my career. I got the good knowledge and understanding of the management theory and practice, established contacts with my fellow students in different countries. I have not got immediate promotion as a result of MBA yet but in my current job I have better understanding of information I deal with, and I talk to people on a totally different level now using the appropriate business terminology and referring to methodologies we studied at SIMT. My knowledge horizon has widened, and my analytical skills improved. My managers and clients are more satisfied with the results of my work.
6. What did you learn that is important for your current job?
To name just a few: management theories, business cases of various companies I would never get access to by myself, inter-cultural communication skills. My master thesis was a very important project for my current job and as far I found out is unique in this branch of analyst relations.
7. How would you sum up the experience of studying at the SIMT?
I believe it was a good experience overall, it was a lot of fun as well as hard work, and it was worth the investment of both time and money. I would recommend it to those busy career professionals (especially from outside of Germany) who are based in and around Stuttgart and who want to do career-integrated MBA course relevant and useful for their jobs.
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VII. Arbeitskreis Personal meets at SIMT
Reinhard Hamburger, CEO and Chairman of the Executive Board of Agilent Technologies Deutschland GmbH
The event "Arbeitskreis Personal"from Prof. Ackermann took place at SIMT on the 24th of February. The topic of the meeting was on management development with two speeches completing the program. Reinhard Hamburger, CEO and Chairman of the Executive Board of Agilent Technologies Deutschland GmbH, spoke on "The Advantage of an MBA Study for International Companies". The other speech was on the "Repositioning of the DaimlerChrysler University" from Bernd Staudinger, Director DaimlerChrysler Corporate University. At this event with 30 participants new contacts to companies were established.
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VIII. Symposium of the Institute of World Economics
 
Intensive discussions at the symposium
Left: The speakers during the panel discussion. Right (front row): Prof. Dr. Berthold Leibinger (Vice Chairman SIMT Board of Trustees) and Prof. J. Menno Harms (Chairman SIMT Board of Governors)
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| The event of the Institute of World Economics, Kiel held at SIMT attracted over 50 guests on January, 30. Among the guests were several members of the Board of Governors and managers of the regional industry. The event was on the topic: "Subventions in Germany: A one-way-street or way out for a country with high wages in a global division of work?". SIMT and Institute of World Economics intend to enlarge their cooperation. | | |
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IX. Upcoming Events
Visit SIMT at the World MBA Tour
Get in touch with the SIMT representatives at the World MBA Tour and discuss your next career steps. All of your questions on the SIMT MBA programs - full-time, part-time - can be answered individually.
Please register for the fair:
Lectures by company representatives
Dr. Wilhelm Rall, Director Emeritus McKinsey & Company, Inc.
will speak on strategy, philosophy, frameworks and concepts.
Date: Thursday, March 09, 2006, 7.30 p.m.
Event Venue: SIMT, Filderhauptstrasse 142, 70599 Stuttgart
Prof. Dr. rer. pol. Péter Horváth, Chairman of the Supervisory Board Horváth & Partners AG
gives a lecture in German on "Entwicklungstrend im Controlling".
Date: Thursday, April 06, 2006, 7.30 p.m.
Event Venue: SIMT, Filderhauptstrasse 142, 70599 Stuttgart
SIMT Info Session
On day a month SIMT opens its doors in Stuttgart to everyone interested in the MBA program - full-time, career-integrated and part-time MBA. The SIMT Info Session will feature an overview of the MBA programs, including course content, admissions requirements and the benefit of studying for your MBA at SIMT. This is a great opportunity to talk and meet the faculty, staff, students and alumni.
Next dates:
- Thursday, March 30, 6.00 p.m.
- Thursday, April 27, 6.00 p.m.
Event Venue: SIMT, Filderhauptstrasse 142, 70599 Stuttgart
 please e-mail to register for this event
SIMT at Jobmesse Stuttgart
At the Jobmesse in Stuttgart of the Förderkreis Betriebswirtschaft an der Universität Stuttgart e.V., SIMT representatives will be present. They will be delighted to support you in finding the right MBA program - full-time, part-time or career-integrated.
Date: Thursday, April 27, 2006
Event Venue: Haus der Wirtschaft, Stuttgart
SIMT Graduation Ceremony 2006
At the end of April the students of the Class of 2006 will receive their MBA degree and celebrate their graduation with family and friends.
Date: Friday, April 28, 2006
Event Venue: SIMT, Filderhauptstrasse 142, 70599 Stuttgart
Access MBA Tour 2006 - SIMT in Budapest
The Access MBA Tour is a unique chance to have a personal interview with the Admission Director and Admission Officer of SIMT. Use this interview to clarify all your questions on the MBA program. Please register on the Access MBA website or by emailing to SIMT Info-Team to have an interview scheduled.
Date: May 29 - 30, 2006
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