The
Richard Ivey School of Business
Breaking the mold
The business
school of Canada's prestigious University of Western Ontario uses
a new approach to help students adapt to the rapidly changing
face of the global economy
“Cross-enterprise
leadership provides future leaders the skills to adapt to the
societal forces swirling around them such as globalization, competition
and technology.”
The University of Western Ontario's Richard
Ivey School of Business produces more Asian case studies than
any other comparative institution. It also claims to be one of
only four business schools in the world that teaches each of its
courses according to the case method, which was developed at the
Harvard School of Business.
The school set up a campus in Hong Kong in 1998
and offers an 18-month Executive MBA and several executive short
courses. There is a two-week residence in Hong Kong, during which
students are housed in a hotel near the campus, and a one-week
residence in Canada. All other classes are on weekend afternoons.
They run two or three weekends in a row, followed by a three-or
four-week break.
Ivey's curriculum emphasizes general management
and quickly evolves to reflect changes in the business world.
In 2006, it introduced what it calls training in “cross-enterprise
leadership”, the first break form the functional disciplines model
that has dominated MBA teaching since the 1880s.
Under the traditional approach, the core curriculum
of an MBA was built around such functional disciplines as accounting,
finance and marketing. But under Ivey's approach, students must
deal with problems that don't fit neatly into these categories.
They have to analyze issues from various perspectives, reflecting
the real world. To accommodate this shift, Ivey introduced team
teaching by faculty from different disciplines.
“The world is changing at a relentless pace,
and business education needs to innovate in order to serve the
needs of tomorrow's executives,” says carol Stephenson, dean of
the Ivey Business School. “Cross-enterprise leadership provides
future leaders the skills to adapt to the societal forces swirling
around them such as globalization, competition and technology.”
Most of the participants are around 38 years
old, with an average 15 years' work experience- 10 at the managerial
level. Fourteen nationalities are represented in the current class.
Local students account for 39% of enrolment, followed by mainland
Chinese with 14%, Macau 5% and Taiwan 3%.
The Hong Kong program is a minor image of the
one in Canada except that it uses more Asian cases. Students can
transfer between two programs.
Ivey's faculty is drawn mostly from top North
American universities. One professor did his PhD at Beijing's
Tsinghua University, while professors often fly from Canada to
teach their modules in Hong Kong.
Tuition for the August intake is HK$620,000
(US$79,415), which includes transport to and from Canada and accommodation
and meals during residencies.
Review Asia (P.104)
March 2008
“Distance
and blended learning offer convenience for the student and theories
can be taught quite effectively,” says Kathleen Slaughter, associate
dean for Asia at the Richard Ivey School of Business. “Unfortunately,
what is often missing is the real world application of the theories.
There is no shortage of ways to get information, but what business
is seeking is management talent that has the ability do deal with
ambiguity, communicate effectively and problem-solve collaboratively.
Only face-to face learning can develop these areas.”
Review Asia (P.99)
March 2008
According
to Mark Staudenmann, president of the Hong Kong chapter of the
Richard Ivey Alumni Association, a diverse student body can significantly
enhance the learning experience because of the different perspectives
that people from different backgrounds can shed on issues.
“In today's business world, it is not about
what you know but who you know.” He says. “An EMBA from a top
school like the Richard Ivey School of Business will give you
access to an extensive network of alums. Those who sit with you
in class are of outstanding qualification and quality. They bring
their individual and extensive expertise into the classroom.”
ReviewAsia (P.100)
March 2008
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