How will you change the world? How long until science fiction becomes science fact? How does global health build global business? Johns Hopkins Carey Business School How far would you walk for clean water? How do you fix a global economic crisis? 00163_10/5K/10.21.09 Printed on paper with 50% recycled content including 25% post-consumer waste fiber. The Johns Hopkins Univers i t y C a r ey Business School, a premier humanistic learning community, develops global business leaders and transforms organizations, communities, and society through discove r y, education, entrepreneurship, and engagement. Powered by an integrated approach to teaching, research, and mentoring, the Johns Hopkins Global MBA opens the doors of opportunity to those compelled to make a difference. “We are creating a business school that will be among the best in the world and the best for the world.” –Yash Gupta, Dean Doorway to the world The distinctively international character of the Global MBA places it squarely within the spirit and tradition of Johns Hopkins University. Johns Hopkins has reached into nearly every corner of the globe—from inter- national student exchanges to research initiatives in dozens of countries around the world. Ten percent of the student body at Johns Hopkins is international, and several hundred university faculty members and scholars hail from non-U.S. nations. More than 150,000 alumni live and work across the globe. The Global MBA cohort will reflect this diversity, as approximately one-third of the students in the program will come from outside the United States. Since 1876, Johns Hopkins University has encouraged faculty and students to think imaginatively and act globally, and the Johns Hopkins Global MBA is another step in this pursuit of knowledge. From discovering basic vitamins in the early 1900s, to creating a graduate-level international relations campus in Bologna, Italy, just 10 years after the end of World War II, to conducting research and training programs on every continent, Johns Hopkins has embraced the world in an unrelenting quest to learn and discover. The Johns Hopkins Space Science Telescope Institute implements the Hubble tele- scope program, the university’s Applied Physics Laboratory is engaged in the New Horizons mission to Pluto, and at the School of Medicine the recent work of neurosurgeon Fred Lenz has refined methods for using deep brain stimulation in the treatment of Parkinson’s disease patients. By its tradition of leadership in education, research, service, and patient care, Johns Hopkins University holds an honored place among the world’s greatest institutions of higher learning. From its earliest days, it has had a global presence that few universities can equal. When students join the Johns Hopkins Carey Business School, they become part of an institution that has long had its eye to the world. The business school’s Innovation for Humanity Project, a required component of the Global MBA program, especially reflects this characteristic. For students in the Carey Business School’s Global MBA program, as for all students at the university, entering the gates of Johns Hopkins is like opening a doorway to the world. Transformative leadership Since its founding in 1876 as the first research university in the United States, Johns Hopkins has produced gifted and transformative leaders in every sphere of human endeavor. Thirty-three Nobel Prize winners have been affiliated with the university, including a United States president. Nine members of the Johns Hopkins faculty have received MacArthur Fellowships, the so-called “genius grants.” Students in the Johns Hopkins Global MBA program are part of the university’s tradition of bold creativity and visionary leadership, a tradition that has benefitted the world for more than 130 years. 32 Abel Wolman Inventor of modern techniques in water treatment; BA, School of Arts & Sciences, 1913; BS, School of Engineering, 1915 Wolf Blitzer Television journalist, CNN anchor; MA, School of Advanced International Studies, 1972 Rachel Carson Biologist, ecologist, author; MA, School of Arts & Sciences, 1932 Jody Williams Activist against land mines, winner of the 1997 Nobel Peace Prize; MA, School of Advanced International Studies, 1984 John Wheeler Physicist who helped develop the theory of nuclear fission, coined the term “black hole”; BS, School of Engineering, 1931; PhD, School of Arts & Sciences, 1933 James McPherson Pulitzer Prize-winning historian and author; PhD, School of Arts & Sciences, 1963 William Foxwell Albright Scholar in Semitics and Near Eastern Studies, authenticator of the Dead Sea Scrolls; PhD, School of Arts & Sciences, 1916 D.A. Henderson Led World Health Organization effort that eradicated smallpox; MPH, School of Public Health, 1960 Louise Erdrich Author; MA, School of Arts & Sciences, 1970 John Barth Novelist; MA, School of Arts & Sciences, 1952 Denton Cooley Cardiac surgeon, pioneer in heart transplantation; MD, School of Medicine, 1944 John Dewey Philosopher, social critic, and educator; PhD, School of Arts & Sciences, 1884 Merton Miller Economist, winner of the 1990 Nobel Prize in Economics; PhD, School of Arts & Sciences, 1952 Woodrow Wilson 28th president of the United States, winner of the 1919 Nobel Peace Prize; PhD, School of Arts & Sciences, 1886 Ben Carson Neurosurgeon at Johns Hopkins Hospital, recipient of Presidential Medal of Freedom in 2008 Virginia Apgar Developed Apgar score used to assess the health of newborns; MPH, School of Public Health, 1959 Michael Bloomberg Founder of Bloomberg L.P., 108th mayor of New York; BS, School of Engineering, 1964 Peter Agre Shared the 2003 Nobel Prize in Chemistry; MD, School of Medicine, 1974 Andre Watts Concert pianist; Artist Diploma, Peabody Institute, 1972 Woodrow Wilson, 28th President, United States Jody Williams, Nobel Peace Prize, 1997 Ben Carson, neurosurgeon “Johns Hopkins has an important role to play in creating a healthier society. We are the birthplace of the modern research university and home to many innovations and discoveries. Breaking the mold is part of our heritage. Expanding the map is in our genes.” –Yash Gupta J ohns Hopkins has reached into nearly every corner of the globe. Nexus of influence Students make their home in a city teeming with history, culture, and personality. They can stroll along the Baltimore waterfront near Fort McHenry and imagine the flash and thunder of the battle that inspired Francis Scott Key to write “The Star-Spangled Banner.” Or sample a crab cake at Lexington Market, the vast maze of eateries and food stands that has been in operation since the Revolutionary War. Or visit the Baltimore Museum of Art, near the Johns Hopkins Homewood campus, and be dazzled by the Matisses, Picassos, and Gaugins from the famed collection of the colorful Cone sisters, Claribel and Etta. Baltimore’s past is rich. But so is its present, and its future is loaded with promise. Transforming itself from a manufacturing center to a hub of high-tech research and development, the city boasts a renewed vitality—reflected in part by major revitalization projects throughout town, and by the growth of Canton and other vibrant harborside communities where many young professionals live, work, and socialize. A recent report by the American Institute of Economic Research ranked Baltimore seventh among the best major U.S. cities in which to attend college. The school’s location just an hour from Washington D.C.— a powerhouse of national and international influence—adds a rich dimension to the student experience. Students have the opportunity to interact with leaders at the center of political debate and policymaking around such critical issues as global trade, health care reform, and scientific discovery. Because the program is so high-touch and individualized, with a delib- erately small cohort, the school can take full advantage of this strategic nexus of influence through visiting speakers and internship opportunities, tailored to respond to the interests of our students. 4 Lo c a t e d i n t h e p o l i t i c a l h e a r t of the world. 5 integrated and interdisciplinary approach to instruction and research—a model that is closely calibrated with the mission of The Johns Hopkins University. Carey Business School students have access to leading Johns Hopkins researchers in medicine, public health, and related disciplines that target social, economic, health, and environmental issues around the world. Students are encouraged to engage in partnerships forged across academic boundaries to better understand the impact of these global issues on business practices. The signature program of the Carey Business School— the most powerful instrument of this transformative method of business education—is the Johns Hopkins Global MBA. The full-time, two-year program ensures intensive coverage of finance, marketing, and other business school essentials woven into a curriculum that bears the distinctive stamp of the Johns Hopkins character. Because business as usual no longer applies, because the world constantly faces new challenges, a new approach to business education is essential. Enter the Johns Hopkins Global MBA—innovative, humanistic, entrepreneurial, optimistic, transformative. An MBA with a mission. Business as usual no longer applies The challenges of the new century demand new approaches—insightful, creative, innovative solutions, driven by ethical and entrepreneurial leaders who seek to add value both to their communities and to the quarterly balance sheet. At the Johns Hopkins Carey Business School, we believe the two are not mutually exclusive. We seek to transform business education through an 76 An MBA with a mission Casting the Charter Class 80 extraordinary people We are looking for 80 extra- ordinary people. Will you be one of them? Students in the Johns Hopkins Global MBA will be defined by their desire to become part of a distinctive new MBA program. The Charter Class will have as much influence on the character of the program as the faculty members who have given it birth. Members of the Charter Class will have vision and energy, and they will bring experiences that match the school’s belief in business as an engine of positive transformation. They will be as eager to master the intricacies of business at a Fortune 500 company as to engage in an overseas human- itarian initiative. They will be bound by common qualities of intellectual creativity, optimism, and leadership. Casting call 1110 A mirror to the world Many of your classmates will have had full-time professional experience in accounting, marketing, operations, and finance. They will represent a wide range of industries—health care, pharmaceuticals, energy, life sciences and consumer goods. Others will have spent time in noncommercial roles, in the media, at government agencies. And to add even greater diversity of thinking and experience, some of your classmates will be the best and brightest new graduates from four-year college programs. Every student will have made a positive impact on society through endeavors in the classroom, the business world, or the community. These experiences will add to the depth and breadth of the class experience. Students also will have demonstrated leadership experience through their academic or professional careers—preferably in situations involving a crisis, an emerging business, or a turnaround. The ability to communicate through both the written and spoken word is a key element of the Global MBA program, as it is in the professional world. A business innovation, no matter how brilliant, loses value if its creator is unable to describe it in a thorough and engaging manner. The Charter Class will represent a mosaic of cultural backgrounds from within the United States and outside it. You and your classmates will be a mirror to the world, united in your commitment to global prosperity. Innovative Grounded Intelligent Focused Creative Collaborative Optimistic Resourceful Qualified Adaptive Confident Decisive Receptive Compassionate Influential Tenacious Ethical Your class 1312 ORIE N TATION I N TENS IVE BUSI N ESS ESS ENTI A LS THOU G HT AND DI SCOUR SE SEMI NARS PROF E SSIO NAL DEV ELO PMENT INTEGRATED BU S INES S S KILLS DISC OVERY TO M ARKET PROJ ECT, PH ASE 1INNOVATION FOR HUMA NITY PR OJ ECT YEAR ON E Innovative, global in perspective, and interdisciplinary in orientation, the Johns Hopkins Global MBA responds to this challenge: reinvent the MBA to be relevant to the future you will live in and lead. critical analytical perspective on important business issues and the skills needed to organize and communicate your views in multiple modalities. Building future leaders From the day you arrive at the Carey Business School, your future becomes our passion. Professional Development guidance on resume creation, professional positioning strategies, and interviewing techniques designed to support your career aspirations begins in your first weeks and con- tinues throughout your time at Johns Hopkins. A global perspective In the January intersession of your first year, you take part in an international learning experience that builds on Johns Hopkins University’s unique footprint in global health. Drawing on our extensive international presence, the Innovation for Humanity Project provides all Global MBA students with an international experience designed to develop agile and creative business leaders who understand how to build sustainable businesses in developing markets. Learning to build successful business models in places with weak infrastructures, fragmented banking systems, and political instability prepares you for the most challenging of emerging market opportunities. You develop a cultural sensitivity that serves you as well in Wall Street boardrooms as in the start-up companies of Sub-Saharan Africa. Deepening the skill set In the second semester, courses in Integrated Business Skills provide you with an understand- ing of business problems that arise across domestic and inter- national venues, in start-ups as well as mature firms. Whether in the context of the life sciences, competition in health care delivery, or pharmaceutical supply chain operations, you gain expertise in today’s most sophisticated, innovative approaches to business management. Translating discoveries A distinctive feature of the Johns Hopkins Global MBA is the Discovery to Market Project, a two-phase initiative that begins in the second semester. Using the vast pool of discoveries made in the health sciences and related fields at Johns Hopkins The undisputed strength of Johns Hopkins University lies in its science and health-based research and teaching enter- prise. The Global MBA is rooted in this tradition and draws its distinctive strengths from it. It begins with a world view. Cultural mosaic Prior to the start of the fall term, a three-week Orientation Intensive guides you through learning exercises in cultural diversity, global institutions, team building, and a “managerial toolbox” of essential commu- nication and analytical skills. The Orientation Intensive not only broadens your knowledge but also sets the stage for your strengths to be recognized and nurtured. We help you understand who you are as an individual and how you can con- tribute effectively as a business professional to your organization and to your community. First things first The program delivers a rigorous business school education. Business Essentials steeps you in the dynamics of a modern business. Here you acquire a holistic foundation in core disciplines—finance, marketing, management, and operations— with an emphasis on the appli- cation of innovative business concepts to actual business problems, especially in the realm of health and scientific discovery. You do this by moving though a series of integrated modules that reflect the nature and structure of real-world business problems in the areas of Financial Resources, People and Markets, Business Processes, and Managerial Decision Behavior, particularly as they apply to health and science- related challenges. The art of thinking Weekly Thought and Discourse Seminars, a critical element of the Global MBA experience, begin in your first semester and run throughout your two years of study. These Friday seminars provide an opportunity for you to learn from prominent business leaders and policy makers, in a format that stimulates analytical thinking, persuasive communi- cation, and creative expression. The seminars offer an environ- ment of intellectual inquiry and debate in which your participation and perspective are valued— indeed, expected. You gain a Your Johns Hopkins Global MBA 1514 SUMM E R INTER NSHI PS PROF E SSIO NAL SPECIAL IZATIO N DISC OVERY TO M ARKET PROJ ECT, PH ASE 2 THOU G HT AND DI SCOUR SE SEMI NARS PROF E SSIO NAL DEV ELO PMENT IMME R SION COLLOQ UIA YEAR TWO University, this project provides insight into translating a scien- tific discovery into a product or technology with potential for commercialization. The project begins with a series of informal seminars and workshops that expose you to the people and organizational processes behind these discoveries. In the process, you gain an understanding of the essentials of intellectual property law and develop the field-level skills needed to assess the often-rare commercial potential of a scientific discovery. A taste of the real world As you end your first year, you may elect to pursue a Summer Internship that will enable you to apply the skills you have developed. You might find yourself in a traditional corporate office, in the field with a social entrepreneur, or you may decide to continue work in your Discovery to Market Project. Whatever your choice of intern- ship activity, we work with you to ensure that your summer is spent on a substantive and meaningful assignment that is managerial in scope and makes a material contribution to your development and to the organi- zation with which you work. Choosing a focus The second year allows you to concentrate in an area of special interest. Professional Specialization elective courses develop your strengths not just in the traditional functional areas of business, but in one or more health industry verticals in which Johns Hopkins has enormous, substantive strength. These specializations provide an unsurpassed opportunity to deepen knowl- edge and expertise. Some of the elective courses are drawn from MBA offerings in the functional areas of business (accounting, finance, informa- tion systems, marketing, and management), while others are innovatively tailored to health. Topics include cost manage- ment, managing health care professionals, leading health care organizations, funding innovations, consumer behavior and public health, global supply chains for pharmaceuticals, managing drug discovery processes, health informatics, and pricing health care services. Our objective is to help you develop real expertise in your selected specialization. The Johns Hopkins Global MBA draws upon the university’s extraordinary strengths in teaching and research, and its global network of leading programs in medicine, public health, nursing, and engineering. Fine tuning During your second year, you also continue your work in the Discovery to Market Project, adapting your chosen products and services to the marketplace, learning to develop a business plan, and gaining implementation experience. By the end of this two-semester initiative, you will understand the challenges associated with transforming scientific discov- eries into commercial realities. The weekly Thought and Discourse Seminars continue to provide an opportunity to reflect on the broader themes of business life—understanding human expression, regulation and governance, and organi- zational power and politics. Similarly, the Professional Development process continues. As your skills and expertise grow, you refine your profes- sional goals and prepare for your transition from the classroom to the workplace. A deep dive In the final semester, you have the opportunity to create two customized Immersion Colloquia. Depending on your interests, these segments may include a team-based consulting project, a research seminar on emerging trends in a specific area of focus, or further work on your Discovery to Market Project. Alternatively, you may choose to work with a faculty member on a research project in a shared area of interest, or you may elect to take additional courses that complement a professional specialization. Your Johns Hopkins Global MBA Our commitment to you is to help you develop into an ethical, informed business professional—a capable leader who is culturally literate and entrepreneurial in spirit. You will know how to roll up your sleeves to get the job done, how to capture and articulate a brilliant idea, how to inspire others, how to lead and how to follow. As a graduate of the Johns Hopkins Carey Business School, you will be prepared to take your rightful place among the many thousands of Johns Hopkins University alumni who make a difference in the world. We look forward to sharing this journey with you. 1716 Prematriculation Semester 1 Intersession Semester 2 14 credits 2 credits 14 credits Orientation Business Essentials Integrated Business Skills  Cultural Mosaic (12 credits) (10 credits)  Global Institutions  Financial Resources  Digital Marketplaces  Managerial Toolbox  People & Markets  Networked Organizations  Team Building  Business Processes  Strategic Options  Managerial Decision Behavior  Business Negotiations  Competitive Intelligence Thought and Discourse Seminars Thought and Discourse Seminars (2 credits) (1 credit)  Ethics: Concepts & Conflicts  Ethical Behavior  Global Economic Systems  Cognition & Communication  Cognition & Communication Innovation for Innovation for Discovery to Market Project Humanity Project Humanity Project (3 credits) Preparation Fieldwork  Concepts: (0 credits) (2 credits) Translating Science  Experiential Learning: Feasibility Assessment Professional Development Professional Development Professional Development  Leadership Assessment  Contemporary Careers  Shaping Careers Summer Semester 1 Semester 2 12 credits 12 credits Internship Professional Specialization Professional Specialization Business Function and/or Business Function and/or Industry Vertical (6 credits) Industry Vertical (6 credits)  Elective 1  Elective 4  Elective 2  Elective 5  Elective 3  Elective 6 Thought and Discourse Seminars Thought and Discourse Seminars (3 credits) (2 credits)  Corporate Statesmanship  Profiles in Leadership  Regulation & Governance  Risk & Accountability  Human Expression  Organizational Power & Politics Discovery to Market Project Immersion Electives (3 credits) (4 credits)  Concepts:  Elective 1 Tuning to the Market  Elective 2  Experiential Learning: Business Plan Professional Development Professional Development  Assessing Career Opportunities  Making Transitions YEAR ON E YEAR TWO “At the heart of what we do lies a simple but profound understanding: Like the rest of Johns Hopkins, the Carey Business School must address the world-wide challenges that can only be resolved through new thinking and new ideas. We exist to propose and test those ideas, and to suggest the best possible way those ideas can be implemented.” –Yash Gupta [...]...Your future Graduates of Johns Hopkins can be found all over the world, leading businesses, managing organizations, inspiring innovation, and serving their communities Your Johns Hopkins Global MBA opens the door to a network of more than 155,000 Johns Hopkins graduates in some 120 countries Throughout your two years at Johns Hopkins, you will build a strong network of individuals... exceptional We are building a community of students who reflect global diversity We are as interested in the content of your character as we are in the record of your accomplishments Apply yourself 26 27 Johns Hopkins Carey Business School Board of Overseers Johns Hopkins Carey Business School Corporate Advisory Board 28 The Board of Overseers of the Johns Hopkins Carey Business School comprises leading figures... to the Johns Hopkins Carey Business School The Johns Hopkins Carey Business School offers programs of financial support that include federal grants and low-interest loans, state and school-based scholarships and grants, and awards For additional information on specific requirements and dates related to admissions and financial aid, visit carey.jhu.edu or call 877-88 CAREY (877-882-2739) At Johns Hopkins. .. healthy planet populated by healthy people.” –Yash Gupta The Johns Hopkins family Your ties to Johns Hopkins University and the Carey Business School don’t end when you receive your diploma In fact, they’re just beginning As a graduate, you can take advantage of a lifetime of opportunities to stay connected And you’ll have lots of company: Johns Hopkins has more than 155,000 alumni served by chapters across... groups at the university— Johns Hopkins graduates who pursued business degrees at Hopkins before the Carey Business School was established The business school takes particular pride in these alumni because they are strongly committed to making a difference within their professions and their communities This shared sense of dedication creates a powerful bond among these Johns Hopkins alumni The Carey... the Johns Hopkins Global MBA program Sun, an assistant professor at the Carey Business School, previously worked in the United States Treasury’s Office of the Comptroller of the Treasury Her role there was to supply federal examiners with detailed assessments of the ways in which institutions such as the Bank of America, Wells Fargo, Citi, Wachovia, and Trustmark managed market risk Sun earned her MBA. .. universities, Johns Hopkins attracts leading international voices from a wide range of endeavors For decades, presidents, senators, scholars, journalists, and artists have shared their insights with Johns Hopkins audiences These encounters with the most astute, most innovative, most inspiring minds of our time—in person, not in textbooks—are a vital part of the experience for any student of the university For Global. .. conflict management at the Johns Hopkins Bloomberg School of Public Health and has served as an assistant professor at the Pennsylvania State University College of Medicine, where she taught about Supreme Court cases that have shaped the delivery of health care 22 Faculty who inspire Dipankar Chakravarti The highest standards in scholarship are expected at any division of Johns Hopkins Dipankar Chakravarti... chapters and clubs offer a variety of events from educational and cultural to social and athletic, for all Johns Hopkins alumni Al um ni ne two rk s a cros s the gl o be kee p gradua tes connected a nd provide a lifet i me of oppor tu n i t i e s 24 25 Character and accomplishment The Johns Hopkins Carey Business School seeks students with outstanding academic records and diverse backgrounds—individuals... private and public sectors of the school’s educational, research, service, and consultative capacities; and to present the school’s interests and concerns to the Johns Hopkins University Board of Trustees The Corporate Advisory Board of the Johns Hopkins Carey Business School comprises business leaders from a range of areas including finance, biotechnology, life sciences, and manufacturing Board members . States. Since 1876, Johns Hopkins University has encouraged faculty and students to think imaginatively and act globally, and the Johns Hopkins Global MBA is another. Johns Hopkins Global MBA opens the door to a network of more than 155,00 0Johns Hopkins graduates in some 120 countries. Throughout your two years at Johns Hopkins,