Community of European Management Schools and International Companies

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Community of European Management Schools and International Companies (CEMS) is a cooperation of multinational enterprises and Europe's leading business schools and universities. Each country can be represented by one institution (universities) only. Currently CEMS unites 17 European universities, four associate overseas institutions and more than fifty corporate partners (among them many global players). The CEMS organizes the CEMS MIM degree, supports the CEMS Alumni Association (CAA) and facilitates general coorporation among its members.

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The CEMS Master in International Management (CEMS MIM) is a one-year degree program taught jointly by the CEMS universities available to a select group of students at the member universities. The "aim of CEMS is to be the European force in education and research for students who aspire to play a leading role in the development and direction of enterprises in a global context. These individuals will be outstanding in their:

  • high academic standards and professional skills
  • ability to perform effectively in a fast changing environment
  • empathy with different cultures, values and behaviours
  • willingness to take responsibility within society" (quote from the CEMS program homepage)

The CEMS MIM consists of a base semester (usually part of the standard degree at the home university) followed by an exchange semester at a second CEMS university. In addition to completing ones home degree graduation from the CEMS also requires successful completion of a business project, skill seminars, an international internship, and 3 language exams. While the CEMS MIM is a high quality academic degree, the uniqueness of the CEMS MIM thus lies in its addition focus on practical business skills, language proficiency and early international experience.

Selection for the CEMS MIM again varies slightly from school to school, but generally involves the submission of a written application, an interview, and an assessment center. Students for the CEMS MIM are selected based on 5 criteria which are

  • Knowledge (intellectual and language competencies)
  • Interpersonal competencies
  • Desire to achieve
  • Integrity
  • International orientation

Every CEMS university has a limited amount of places available for CEMS MIM students. Therefore the selection producedure is tough. In most cases universities have pre-requirements to be accepted in the selection procedure. Examples include a high grade average and prove of language skills. While no official statistic is available, then it is estimated that ca. 50% of applicants are accepted into the degree, thought this varies at different universities from an acceptance rate of 6% to a 100%. The relative high acceptance rate might be due to the fact that many students do not apply for the programm because of the pre-requirements. Sometimes applicants are deselected because the review committee feels that they lack a strong enough focus on completing all elements of the degree. In 2006, 581 applicants were selected for the CEMS degree.

There are no official statistics for the graduation rate of the CEMS students, but it is estimated to be around 80%. The usual reason for not graduating is the failure to complete a third language exam followed by a failure to complete the home degree.

The organization of the CEMS degree differs slightly among the member universities, but mostly it is a requirement to already be enrolled or selected for a master of business degree with a member university prior to applying for the CEMS MIM. The CEMS MIM is therefore often referred to as a "dual-degree", since all of the CEMS graduates receive both a degree from their home university as well as from the CEMS.

The Financial Times evaluated European Masters programmes in Business in 2006 and provided a ranking on their website, showing the CEMS MIM degree to be on the 2nd place. As the CEMS degree is basically a top-up to a normal business degree (and involves extensive additional work,) most CEMS students are more competitive and study-focused than other business students.

The CEMS Alumni Association (CAA) enables the multicultural experience of CEMS graduates to be continued and developed. Founded in 1993 by CEMS graduates, the Association is an international network throughout the world of CEMS graduates.

Organised on a Europe-wide basis, the CAA is led by an Executive Committee and is present in many countries through Local Committees made up of CEMS alumni. The local committees are responsible for keeping in contact with CEMS alumni and organising professional and social activities. They meet on a regular basis to discuss the activities and development of the Association, and jointly elect the Executive Committee every two years.

The Executive Committee's mission is to foster the CEMS alumni community in Europe by proposing and developing initiatives that reflect CAA objectives. A team of four alumni, supported by the CEMS Alumni Coordinator, promotes activities at a European level. The Executive Committee also represents alumni interests on the CEMS Executive Board and supports development of the CEMS alliance.

EUROPE

ASSOCIATES

CEMS corporate Partners are expected to contribute financially (about 20000 € each year) and with human resources to the program. This means that they chart skills courses, give lectures or invite CEMS students to company activities where students learn about certain corporate practices or solve cases. These connections are very useful to promote the company to the students, while the students gain insight into real-world problems and solution approaches.

List of partners:

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