Along with Hector’s obvious marketing chops, Pages mentions he’s an avid surfer, juggler, can speak three languages and makes balloon animals. So without further editing, coaxing or money exchanging hands, read on as Hector turns our inflated latex questions into a beautiful MBS marketing unicorn.
Why did you want to get a Global MBA?
I wanted to remain competitive with my peers in the digital advertising space. The majority of my customers are VPs of marketing and higher C-Suite. The MBA would not only help me to stay competitive but also give me a strong platform to continue to grow my executive professional development within my own organization.
What aspects of the MBS Global MBA made you choose their program?
That’s easy. First, its rank in overall global MBA programs is premiere. Second, the international exposure and centers will allow me to experience other emerging markets. And third, the flexibility of the coursework and structure allow me to weave it into my already hectic schedule.
Tell me your most memorable experience at MBS so far?
It would be unfair to only mention one. But I guess I would have to say it was rushing Lego parts (yes, the little colorful bricks) to and fro in a classroom in order to build a replica of our hotel in Miami to fulfill the wishes of our “client,” in effect, teaching us the fundamentals of operations management. This simulation was then followed by a rigorous real-world business review of a local business in Miami that we had to identify, interview, analyze and report on within 24 hours. Yet again, another great example of how Manchester combines true engagement, real-world experience and “original thinking applied” to all of its students. No, they did not pay me to say this.
Tell me what you do at Brandmovers.
I lead the global business development strategy for the business. This involves both identifying and qualifying new markets we may enter as well as building business development teams, structuring strategic partnerships and creating new revenue streams for the company.
How will the global aspect of this program help you sell in the UK and India?
The first three rules of business are network, network and network. Seriously though, there is a fourth, and that’s network. The global framework, macroeconomic views and multinational connections really allow individuals to thrive, especially if they are involved in multinational business.
Which course has been most beneficial to your work at Brandmovers?
I would have to say Accounting for Business, which is surprising for someone from the advertising world.
What aspects of the curriculum have you already put into work at Brandmovers?
Since the course, I have successfully implemented a balanced scorecard framework that will be instrumental in our business growth strategy next year and for years to come. The business has been very pleased with my direct input from the program.
Manchester Business School Miami will be ending acceptance of applications for its next Global MBA cohort on Dec. 20. So if you have been considering applying to MBS, now’s the time.
Quick Facts about Manchester’s part-time Global MBA
While every MBA program teaches international markets and management, we put theory to practice, inviting students to study, work and problem solve wherever they are currently engaged - or seeking to be engaged - in the world.
There are only three days left to apply to the January intake.
Despite the 2012 IMF report that “The global economy is under a ‘veil of uncertainty,’ as economic issues grip the U.S., Eurozone and developing markets such as China, the end of 2013 and 2014 look good for Global MBA graduates.
According to a poll of 211 employers in 33 countries serves as an early gauge of next year’s job market and includes one-fifth of the Fortune 100 and close to 50 Fortune 500 companies.
“Actual hiring for 2013 and projected hiring for 2014 are much improved from a few years ago, despite persistent uncertainty in the global economy,” said Rebecca Estrada, GMAC survey manager, in a statement. “In addition, between 45% and 58% of employers plan to increase annual base salaries at or above the rate of inflation, another indicator that demand for talent remains strong.”
Hiring by region
Asia is the world’s most dynamic MBA market, with a 20 per cent growth rate that is mostly driven by China and India. Asia was followed by the Middle East (8 per cent), Latin America (6 per cent), and Central Europe (6 per cent). The market was much less active in North America and Europe, with 2 per cent and 1 per cent growth respectively, but growth across Europe is forecast to accelerate in 2014 as well as in Latin America that had a sustainable growth rate of 6 per cent in 2013, after a year of 14 per cent growth in 2012.
Pay by region
According to the survey the top ten countries in terms of average MBA compensation in 2013 are Australia (US$133,100), Switzerland (US$129,700), Denmark (US$121,400), UK (US$106,100), France (US$100,800), US (US$98,300), Brazil (US$97,200), Germany (US$93,700), Spain (US$92,900) and Canada (US$91,600).
The media feeds us a steady diet of tech-giant success. These tech startup entrepreneurs are young and rich. So it stands to reason we’ve come to believe most successful entrepreneurs are geeks-turned-tech-giants. But a recent study found that this type of success is an outlier and puts the value of an MBA over the microchips and soldering irons sitting in your parent’s garage.
Aileen Lee -- founder of Cowboy Ventures, a seed-stage fund that backs entrepreneurs reinventing work and personal life through software -- analyzed these “unicorns” (companies that have been created in the last 10 years worth more than $1 billion) and have it shatter this piece of conventional wisdom. Aileen systematically analyzed the common characteristics behind this cohort of 39 companies and found that "inexperienced, twentysomething founders were an outlier. Companies with well-educated, thirtysomething co-founders who have history together have built the most successes."
“Aileen's analysis didn't provide any data on the role of MBAs in the unicorns. So, in partnership with HBS second year Juan Leung Li, we did some of our own digging. Here's what we learned”:
33% of the Unicorns had at least one founding member who had an MBA. Examples include Kayak (Steve Hafner/Kellogg), Workday (Aneel Bhusri/Stanford and Dave Duffield/Cornell), Yelp (Jeremy Stoppelman/HBS) and Zynga (Mark Pincus/HBS).
82% of Aileen's Unicorns had at least one founding member or current executive team member with an MBA. Examples of unicorns where MBAs were hired to help build the company include Evernote (COO Ken Gullicksen/Stanford), Facebook (COO Sheryl Sandberg/HBS), Twitter (COO Ali Rowghani/Stanford).
Of those that had MBAs, the leading schools represented were: HBS (21%), Stanford's GSB (17%) and Wharton (10%).
Still not convinced an MBA breeds successful entrepreneurs? Read John Byrnes Top 100 MBA Startups.
Despite having some part-time help, Hunter Reed is a real entrepreneur’s entrepreneur, embodying a DIY philosophy for his company’s marketing, Web work, blogging, franchising, accounting and other tasks required of a successful business owner.
Part-time Global MBA student Hunter Reed started Blue Chip Pet Care in 2009 with little more than “sweat equity” to provide pet owners with experienced professionals who care for pets in the comfort of their own homes. Today, he has franchised four locations along the East Coast, tapping the $55 billion pet industry, and is currently working to sign more.
Reed grew up in the country where he had the luxury of letting his dogs run wild while he was away. But in moving to Nashville, Reed had difficulty finding skilled and trustworthy pet sitters in the more restrictive city-life spaces.
“I only had one pet sitter, so if he was unavailable, I was out of luck.” So Reed, like many entrepreneurs, turned his problem into a solution then into a business.
“Blue Chip Pet Care’s full realm of services include pet sitting, dog walking, pet shuttle, in home overnight stays, product delivery, day a park and private boarding that practices a green business philosophy,” reads the company’s website.
Reed, who has studied at MBS’s Miami and Manchester centers plans to also do workshops in Dubai, Singapore and Shanghai, will graduate from the Manchester Business School Part-time Global MBA in 2015 and credits the program for giving him the confidence to run his business more strategically.
Though many students decide to pursue an MBA or Global MBA to advance in their current career, still many study so they can switch careers.
“Sixty-four percent of MBAs who graduated in 2012 entered a new industry, up from 55 percent in 2011 and 52 percent in 2010, according to the Graduate Management Admission Council (GMAC), which administers the GMAT exam. The fact that companies are once again willing to take on management-level hires with relevant—though not direct—industry experience is a strong indicator of an improving MBA job market.
In my experience, many, if not most applicants to full-time MBA programs plan to make significant career changes, which is one of the reasons they are applying to business schools in the first place. Not only do business schools know this, they expect it. So they provide significant and varied resources to help students change careers, writes Akiba Smith-Francis, who received her MBA from Harvard Business
Even though career progression is still the number one reason professionals pursue an MBA or Global MBA, many end up switching careers despite their initial inclination to stay at their current company or in their current field.
According to The Independent, “Changing careers is the second most important reason students cite for going to business school – after career progression. And business schools say many more decide at the end of the course that they want to do something different, even though they didn't know that when they started.”
Though the first and most prestigious MBA matured and thrived under the auspices of the Stars and Stripes, today’s Global MBA graduates are cashing in overseas – with eight of the top-24 programs, including MBS, waving the Union Jack.
The study, which looks at global MBA programs’ return on investment, ranks Manchester Business School at number 13, estimating that graduates garner a total five-year gain of $85,000.
“Elite American business schools are still the global leaders with the best reputations, but when it comes to return on investment, grads at European schools have them beat. And it is not even close,” according to a recent earnings study done by Forbes.
The study emphasizes the disparity in ROI between American and European programs.
“We rank the U.S. and non-U.S. schools separately, but a combined list would be a blowout for Europe. European b-schools have the seven highest 5-year M.B.A. gains in the world led by IMD, where students had a median gain of $196,300.”
At a two and one half-year price tag of $47,000, your part-time Global MBA from Manchester School of Business maximizes your ROI while connecting you to an elite group of peers. Study at any of our seven global centers and take full advantage of the most culturally diverse, portable and rigorous business degree available in the world today.
Despite the threat that the United States’ government shutdown poses to the global economy, Global MBA grads can take solace that they’re still in demand across the globe.
“The new report by QS TopMBA.com, which organizes the QS World MBA Tour, shows that employers hired 14 percent more MBAs in 2013 than 2012, down from the 15 percent growth reported for 2012. The increase was driven mainly by growth in Asia, particularly China and India,” according to Bloomberg.
“In North America, however, the increase in hiring totaled only 2 percent. QS TopMBA.com says an 11 percent worldwide surge in hiring by the financial services industry -- which accounted for one out of four MBA jobs this year -- ”has yet to reach North America,” where demand for financial services jobs fell by 1 percent.”
But it’s an opportune time for Global MBA grads to start a career overseas, according to Antal International recruitment specialists, who polled 10,000 companies in 52 countries and found that 54% were recruiting in comparison to 46% at the beginning of the year.
A GMAC survey suggests the same optimism for oversees jobs. The GMAC 2013 Corporate Recruiters Survey found that not only are more companies planning to hire recent MBAs around the world this year (75%, up from 71% that hired in 2012), but also they expect to increase the average number of new MBA hires per company to 14.6, from 11.4 a year before, according to Forbes.
China's largest hydroelectric dam builder, Sinohydro Group, overseas business reached 17.6 billion yuan (US$2.9 billion) in the first half of this year, up by 10.08% from last year. But “many market observers remarked that the success of Chinese firms in Africa could not be duplicated in Europe.
“Song echoed this view, saying that it is not the best time for Chinese firms to make a significant entry into the European and North American markets. He added that Chinese enterprises still need to expand their knowledge of local laws and regulations in foreign markets, learn how to make good use of the resources there, and strengthen their cross-cultural communication skills.”
Global MBA graduates are prepared with the cross-cultural skills and knowledge needed to enter global markets immediately after graduation.
“Business schools that offer cross-cultural experience are the most effective,” Frank Rodriguez, Director, Global University and Recruitment Marketing at Johnson & Johnson, tells Business Insider.
“Employees with a MBA learn valuable leadership and collaboration skills. They also understand how to work effectively with different cultures.”
"It is something for us that we actively recruit for," said Frank Rodriguez, global director responsible for university recruiting.
While Johnson & Johnson tends to recruit from high-end schools such as Wharton, Duke, and the University of North Carolina, Rodriguez said that the company also recruits internationally, from schools in Australia and the U.K.
Manchester Business School Miami gives students a competitive advantage with access to over 6,000 Global MBA executive mentors, 25 former Nobel Prize winners and a mix of over 150 nationalities represented by faculty and executive speakers. Students’ cross-cultural skill sets are honed in face-to-face workshops of culturally diverse cohorts.
“I chose MBS because it enabled me to travel, make connections, get exposed to areas of interest, aligned with my schedule, and didn't cost an arm and a leg,” says Seidman, who helps media companies, agencies and brands use big data to achieve their marketing objectives by selling DataXU’s SaaS-based real-time media management platform.
We recently spoke with Josh about his experience with Manchester Business School Miami Center’s Global MBA:
Tell us about your experience at the Miami workshops.
Miami was awesome. Such a rich, vibrant and energetic city. The Miami staff always made me feel like I was home and went above and beyond to ensure I had the best experience. There is nothing like having the direct number of your director, head of finance, and student counselor.
What experience in the program do you think will have the greatest impact?
My travels to Rio and Dubai. Both were excellent educational experiences that allowed me to learn about the people, culture, business practices and how they intertwined. Fascinating stuff.
I learned how to think critically when faced with different business scenarios then how to compare them to other companies in similar situations, which helped with decision-making and risk management.
How did it go?
I've been selling technology solutions for years. So engaging in online courses wasn't a big issue. The challenge was to continue to stay motivated and engaged via Blackboard. Sharing your ideas and challenging others in an open forum was definitely something new to me.
What would you want a potential applicant to the Part-Time Global MBA program to know?
Distance learning isn't for everyone. You need to be self-motivated and really have the drive to see this through. You do learn a lot from professors, but you also force yourself to learn things on your own.
A recent financial industry survey of American-based financial industry employees found that 52 percent believe competitors have engaged in illegal activity, and 24 percent of respondents would engage in insider trading to make $10 million if they could get away with it. So how do business leaders resist these temptations when overseas?
Many Global MBA graduates will take their skills abroad to work for multinationals. But it’s not just the landscape and food that change overseas, it’s also the ethical environment.
According to Ernst & Young’s 12th Global Fraud Survey, Global MBA grads may face a very different set of business standards:
So how do Global MBA graduates maintain their own ethical standards in lands where temptation may be greater? Bill George for Businessweek suggests that leaders must adopt a “global standard of ethical practices.”
“Forty years of experience has strengthened my belief that the only way to build a great global company is with a single global standard of business practices, vigorously communicated and rigorously enforced. Applying "situation ethics" in developing countries is the fastest way to destroy a global organization. To sustain their success, companies must follow the same standards of business conduct in Shanghai, Mumbai, Kiev, and Riyadh as in Chicago.”
Although regulations are getting stricter around the world, Global MBA graduates will certainly face difficult ethical questions whether in the United States or abroad.
Global MBA students have the opportunity to study all over the globe to learn business and cultures. International communication gaffes aren’t always about what you say, but often foment from what you do physically while speaking.
The following gestures mean completely different things across the globe.
10) Many western cultures make this gesture when wishing for good luck. A hand with the index and middle fingers crossed is even the logo for the UK’s National Lottery. In Vietnam, however, this is an obscene gesture, especially when done while looking at or addressing another person. Matadornetwork.com
9) An open-palmed pat on the head of a child is a gesture of fondness in North America. If you need to get a child’s attention, it’s also the easiest place to tap them. In the Buddhist faith, though, the top of the head is the highest point of the body, and its where the spirit exists. To touch the top of a person’s head is highly invasive, for children and adults alike. Matadornetwork.com
8) Curling your index finger to say, “come here” is a no-no in many Asian countries. In the Philippines, this gesture is only used for dogs. To use it with a person is derogatory. Language Trainers
7) In Brazil, Germany, Russia, and many other countries around the world, the OK sign is a very offensive gesture. The OK sign actually does mean "okay" in the United States, however in Japan it means "money," and it is commonly used to signify "zero" in France. Yahoo
6) Burgers might have spread around the world but chowing down on one with both hands certainly hasn't. Don't eat anything with your left hand in Muslim countries or in India. Fasten Seat Belts
5) Is this the way to your famous shrine/mosque/temple? Be careful how you ask such questions when traveling. Pointing with your finger is rude in so many countries it's probably wise just to abandon the gesture altogether overseas. Use an open hand instead to indicate direction. Travel
4) In Greece, the "hand out" gesture is known as the moutza, and it dates back to the time of the Byzantine Empire, when criminals would be paraded through the streets on horseback, their faces blackened to indicate their shame. Telegraph
3) In America, using the V sign with the palm facing outwards or inwards means the same thing, which is 'victory' or 'peace and love'. However, if your palm is facing inwards as you make the V sign, you have just insulted the person with whom you are speaking if you happen to be in the UK, Ireland, New Zealand or Australia. Matardornetwork.com
2) In the United States, people hop in the back of the cab. But Australians pride themselves on everyone being equals, so you’ve just insulted the cabbie by hopping in the back instead of getting in the front with him! ParkRideFlyUSA
1) Whether your eye contact is accepted positively or negatively will really depend on where you are in the world. In Australia, making eye contact is expected and welcomed. Not making eye contact in Australia might make you appear rude. Brazilians go one step further; they look very long in the eyes. They see the eyes as mirrors of the soul and see this as a way to get to know you better. In many African countries however, it is extremely rude and disrespectful to make eye contact with older people or authorities and in Asian countries, people are not used to making eye contact. WridgWays
Global MBA students quickly learn what to do and what not to do in a variety of cultures and situations, making them international-business ready upon gradation.