Kickoff for the “International Business Education Alliance”
The study option within the Bachelor program "Business Administration" enters its international stage: the start of the Mannheim stint was celebrated with a ceremony, which had been attended by all four Business School members of the alliance.
Three stints abroad in eight semesters – that is the international side of the Bachelor program in business administration at the University of Mannheim. The study option “International Business Education Alliance“(IBEA), which is unique in Germany, allows IBEA-students to study half of the time of their Bachelor degree at their individual home institution and the other half on campus of international partner institutions. Therefore, the students experience their studies abroad together. As a cohort, students will study in Asia, Europe, North and South America.
IBEA was founded thanks to the successful long-year cooperation with partner universities Darla Moore School of Business, University of South Carolina (USC USA), ESSEC Business School (France and Singapore) and the Brazilian School of Public and Business Administration (FGV-EBAPE Brazil). The alliance has existed since 2015. With the start of the spring semester 2017, the joint phase abroad of the first IBEA students at the University of Mannheim begins. The launch was celebrated on the Mannheim campus on Friday the 3rd. Here, the 37 IBEA students, the (Vice-) Deans of partner schools and other representatives of the University of Mannheim, Business School were able to meet.
For a new generation of global managers
“The unique advantage of the IBEA study option is the international cohort experience, which is combined with business projects. With the IBEA study option, students are able to lay the foundation for an international career,” explains Prof. Dr. Dieter Truxius, Dean of the University of Mannheim, Business School. Professor Jean-Michel Blanquer, president of ESSEC Business School, adds: “IBEA engages the challenges of a global world of work and will prepare a new generation of global managers.”
After their start together in Mannheim, students will spend the fall semester of 2017 at USC in the United States. In the year 2018, stints at the ESSEC/Campus in Singapore and the FGV-EBAPE in Brazil will follow. During the entire time, students will regularly work together on practical projects, with the aid of cooperation partners like auditing firms PricewaterhouseCoopers (PwC) and Ernst & Young (EY). PwC and EY as well as the Wilhelm-Müller-Foundation also award scholarships to the participants so they are able to pay flights and cover living expenses abroad.
The structure of the IBEA study option
Each participating business school annually chooses ten students. The first three semesters will be completed at the individual home institution of the students. Beginning with the fourth semester, IBEA students study as one cohort for the subsequent four semesters. For the eighth and last semester, they move back to their home institutions. After a successful completion, they receive a certificate from all participating institutions. The first IBEA-graduates are expected in the spring of 2019.