What You Will Learn
This course aims at providing a hands-on introduction to blockchain, distributed ledger and crypto-currencies. The course will address three major topics:
Use cases for blockchain technologies in supply chain management and payment systems as well as tokenization of assets.
An in-depth look at how blockchain technology is implemented using different programming frameworks (Ethereum and Hyperledger).
The design of payment architectures based on blockchain. More specifically, the class will focus on the Interledger protocol developed by Ripple as a key element to achieve global inter-operability.
Understand the opportunities, but also the limits of blockchain technology
Expertise in writing simple blockchain applications using the Ethereum platform
Understand the basic theory on consensus protocols
Develop basic monitoring tools for other blockchains (Ripple)
Understand the economic issues and incentives of a decentralized application
Governance approaches for blockchain based applications
Advanced topics: Ripple Interledger protocol, Tezos governance model
A practical and pragmatic approach to blockchain based technology.
Students will be lead to understand the key technology by working in teams on a semester long project (12 weeks). The project will aim at simulating a real-life scenario of a blockchain based start-up. Each team will identify a performance gap or strategic opportunity facing the start-up organization, and then build a comprehensive, technological strategy and implementation plan to address it, and showcase their findings in final pitch presentation. Faculty will be available throughout the course to provide feedback and advice.
Participants learn to recognize how they can use material in the context of their own organization and apply concepts in their professional environment.
A diverse set of perspectives across industries, professional experiences, and academic disciplines: students come from a variety of backgrounds and companies, ensuring exposure to a broad range of learning experiences.
This courses is academically accredited at the graduate level.
Credits earned may be applied toward the MBA Degree.
Who Should Attend?
Managers who want to refine their skills in strategic data management and fact-based decision-making
Individuals building and launching data science teams
Professionals in marketing, supply chain, information technology, human resources, talent management, product development, operations, and other strategy-related functions
Please complete the form below for more information:
Adjunct Instructor of Leadership
Jack Welch College of Business, Sacred Heart University Luxembourg
Imagine you are a financial services firm entitled to charge your clients a certain commission specified in formal bank-client contractual documentation. However, no one in your financial services market charges that commission to clients. Clients can easily leave you for a competitor that charges 0 commissions on all transactions. Hence, it’s just not done or wise to do. However, quarterly commission targets need to be met. As a manager of your financial services firm meeting commission targets implies a substantial bonus in variable pay. Thus the manager applies the commission and gets the bonus. Has this manager led with integrity or acted on the desire to benefit personally?
As an Adjunct Instructor of Leadership at the Jack Welch College of Business in Luxembourg, I teach an MBA course titled “Leading and Influencing with Integrity.” It is our mission to embed integrity onto leaders. Integrity is a personal quality that encompasses behaviors demonstrative of strong ethics, moral principles, and values. As Donald Cressey suggested in 1951, for embezzlement to occur, the following three precursors must be present simultaneously: Perceived pressure from a non-shareable problem, perceived opportunity for trust violation, and finally rationalization which is the justification an individual may use to commit fraud. In its simplest form, if how you rationalize and make decisions is unethical due to your very personal view of what is right, wrong, and acceptable to do, then there is a chance you will exercise fraud or embezzlement leading to lack of leadership integrity. Maybe Carlos Ghosn can tell us how come he thought the Château de Versailles was making a gift of €50,000 to him on his wedding. The Château de Versailles of course had no intention to hand over such a gift and charged Renault directly Mr. Ghosn’s wedding expense. This went unnoticed until Renault investigated.
When we have examples of senior leaders exercising lack of integrity, this may have a direct impact on the behaviors and existence of the entire organization. How do we therefore prepare existing and future leaders to act with more integrity? Lack of leadership integrity leads to lack of trust amongst all stakeholder groups including investors, clients, and employees.
According to the 2018 Edelman Trust Barometer, the US dropped from the “Truster” category of nations in 2017 to the “Distruster” category in 2018 with a 23 point drop. Across NGOs, Business, Government, and Media sectors, trust isn’t being recovered. Out of these four sectors, the Government sector saw the largest decline in trust with a 14 point loss when compared to 2017 results. To make matters worse, the report highlights how 7 in 10 people worry about fake news being used as a weapon. To put it in other terms: “Who you’re going to trust?” Well, good news, the 2018 Edelman Trust Barometer mentions that CEOs are regaining credibility. Why are CEOs faring better in credibility?
Boards of directors, institutional investors, governments and the media are holding chief executive officers to a far higher level of accountability for ethical lapses than in the past. Globally, CEO dismissals for ethical lapses increased from 3.9% of all successions in 2007-2011 to 5.3% in 2012-2016—a 36% increase.
This higher level of dismissals is not as a result of more unethical conduct but directly related to more accountability and oversight. Thus at this stage I ask, what is the future of leadership trust and integrity?
The Future of Trust and Integrity Report from the World Economic Forum clearly lays out a framework to act on the need to enhance trust and integrity. The report details actions to follow at the institutional, behavioral, and technological dimensions.
While new legal requirements at the institutional level can reinforce integrity, knowledge and institutional capacity to implement compliance changes will be important.
At the behavioral level, it is as important to reward compliant behavior as it is to call out bad practices. Think of this one in a country where bribery is normal and you don’t get things done unless you reward the corrupt ecosystem. How do you break this habit? Corporations, regulators, and educators such as universities should clearly lay out what is and isn’t acceptable and the respective consequences. It is as important to highlight cases of leaders following and complying with the rules as it is to call out cases where rules are not being followed. I find this to be a brilliant effort to change behaviors and to break icecaps of corruption.
Finally, e-governance, blockchain, open data, and big data analytics can certainly help with corruption and transparency. By making technology a trusted source of relevant data, corruption will have less of a chance to emerge due to the availability of the same information for all relevant stakeholders.
Leading with integrity is paramount to address the challenges society faces with financial crises, the political landscape, climate change, and societal movements led by younger generations. Jack Welch School of Business in Luxembourg has organized a “Leading with Integrity” conference and panel on March 13 in Luxembourg to discuss how we can lead with integrity in various settings. We are welcoming industry leaders from the private sector, from government, European institutions, international financial institutions, human resources directors, MBA alumni and the larger public to attend.
The candidates for degrees have been assembled; the Faculty members are in their places; Members of the Luxembourg Board of Regents, and other officials of the University are present. The 27th Graduation Ceremony of the Sacred Heart University, Jack Welch College of Business in the Grand Duchy of Luxembourg are now officially in session.
31 students from over 15 different countries walked across stage on Friday, December 14, 2018, and embarked upon a new journey as MBA graduates after receiving diplomas and words of advice and motivation from scholars, alumni and classmates.
The evening was a celebration of the achievements of the graduates and an expression of gratitude to their spouses, significant others, and families who helped them through the rigorous MBA and graduate professional certificate programs.
2018 was an eventful year for Sacred Heart University Luxembourg. In addition to awarding Master of Business Administration diplomas and Graduate Business Certificates to newly welcomed members of our ever growing Alumni Community; Sacred Heart University launched new Graduate Business Certificates in Private Equity and Digital Management as testament to our ever evolving curriculum, tailored to local Luxembourg Business community
The Ceremony opened with a wonderfully welcoming speech given by John Chalykoff Ph.D., Dean of the Jack Welch College of Business. Dr. Chalykoff kicked the evening off by welcoming loved ones as well as the numerous supporters of the program—private companies and governmental representatives—all of whom help to build relations and networking possibilities for the SHU student and alumni community. The Dean highlighted the rigorous requirements of the MBA program and the dedication of the University faculty and staff to every student’s success.
Luxembourg remains among the very best of Jack Welch College of Business graduates.
-John Chalykoff Ph.D., Dean of the Jack Welch College of Business, SHU
Following the ceremonial tradition of the singing for the National Anthem of the United States of America, performed by one of our Professors David John Pike accompanied on piano by Christoph Jung this was then followed by National Anthem of Luxembourg, sung by Christine Leick, our very own published Academic Director, Professor of Economics and Finance Dr. Alfred Steinherr, Ph.D. made his way to the podium to deliver his speech as Academic Director.
Dr. Steinherr was happy to point out that throughout SHU’s MBA program, the students’ personal objectives were a key focus during the course to teachers and mentors alike. Thanks were made to the faculty as well as recognition of the newest faculty members to join the SHU Luxembourg faculty team since the beginning of the 2017-2018 Academic Year SHU Zoltan Horvath , Adjunct Professor of Finance, Eros Sharma , Adjunct Professor of Management, Claude Faber, Adjunct Professor of Management, Radu State, Adjunct Professor of Managment, Raphael Frank , Adjunct Professor of Management, Pedro Faria , Adjunct Professor of Management, Gaston Trauffler, Adjunct Professor of Management and Jens Hoellermann , Adjunct Professor of Finance,
The instructors at SHU Luxembourg come from many different backgrounds including the main University campus in Fairfield, CT, U.S.A, and the European Investment Bank of Luxembourg.
In honor of the achievements celebrated throughout the evening and to inspire confidence in each of the graduates, captivating musical performances were given by David John Pike accompanied by Mr. Christoph Jung on piano.
This year to embrace the concept of change and our international and multi-cultural community Graduates, Students, Faculty, Alumni and Staff we opted for a Faculty Medley in place of the traditional commencement speech. We welcomed to the stage four of our Adjunct Professors to share a few final words of wisdom and guidance with our Graduates.
The faculty medley was started by Professor Marcus Müller speaking in German, followed by Esther Celosse; who unfortunately couldn’t attend the ceremony but kindly prepared a video in her Dutch. Esther was then followed by Nicolas Neysen delivering his message in French and the final message was delivered by Hedda Pahlson-Moller
Mr. Carmo gave a heartfelt Valedictorian speech talking about challenges you may face with the MBA program at Sacred Heart University which renewed his confidence, spirit and determination. Following the lead of the speakers before him, he stated that,
Determination is a key factor in obtaining the MBA.
The 27th Graduation Ceremony of SHU Luxembourg was also an opportunity to honor this year’s CAPSTONE COURSE client organizations for their commitment to SHU and its students with a Thank You Award for making a difference to SHU and the students.
Ampacet, represented by Marcello Bergamo
Governance.Com, represented by Bert Boerman
Healthy or Cheat Day?, represented by Iuliana Stan
LuxExpo The Box, represented by Morgan Gromy
Luxinnovation EcoInnovation, represented by Charles-Albert FLORENTIN
Luxinnovation Wood Cluster, represented by Philippe Genot
Technoport, Inspections represented by Diego De Biasio
UpFoundation, represented by Liz Kremer-Rauchs
SHU says thank you to you all for your help and support in providing and delivering Excellence in Business Education. Your commitment is an important and unique pillar in our students’ learning experience.
The ceremony concluded with a private cocktail dinner enjoyed by all graduates, SHU Alumni, family members and guests.
Presenting the Graduates of the SHU Jack Welch College of Business, Class of 2018
Master of Business Administration
Punit Rajendra Agrawal
Jehan Abdussalam M Ben Yousef
Mike De Dood
So Yeh Kim
Kiran Sasidharan Neeliath Nambiar
Maxime G. Nino
Justin Lyndal Peel
Dragos Alexandru Petre
Joseph Amith Ramesh
Fairuz Binti Samuri
Philipp Andreas Franz Schlöder
Ramesh Kumar Singh
Iuliana G. Stan
ASIA TRIP INFO SESSION: MONDAY, NOV 26, 6:00 PM
Chamber of Commerce, Centre de Formation
7, rue Alcide de Gasperi, L-2981 Luxembourg
REGISTRATION DEADLINE: November 30, 2018
Already feeling the winter blues? Just in time to start planning your summer holidays with SHU!
This summer SHU is giving you the opportunity to…
Explore current business issues related to doing business in Asia
Visit a number of foreign businesses operating in Beijing and South-East Asia
Visit famous cultural attractions on private guided tours in each destination
Students can earn academic credit
WHO CAN JOIN?
SHU welcomes all individuals to benefit from our Asian experience. In 2015 we had students, alumni and partners join and we hope to again. Students will have first priority and can take the study-trip as a course for credit (3 CH elective) or non-credit.
ASIA TRIP 2019 REGISTRATION FORM
WE’VE ARRANGED A GREAT LINEUP FOR THE 2019 ASIA TRIP!
HERE’S THE PLAN:
Depart from Luxembourg:
Friday, April 5, 2019
Return to Luxembourg:
Sunday, April 21, 2019
2019 Asia Trip Total Duration:
Estimated Cost*: *Costs will be determined based on the final number of participants
€3,500 Shared Room
€4,000 Single Room Breakfast Included Lunch & Dinner NOT Included
If you’re interested in joining the 2019 Asia Trip, please complete the REGISTRATION FORM or contact Alexandra Lewis (firstname.lastname@example.org) for more details.
If you choose to confirm your registration now, you will not be committed to the cost of the trip until the deadline has lapsed and we’ve received all registrations. If at that point we do not have enough participants, you will not be bound or required to pay for anything.
The stated cost of €3,500 is APPROXIMATE. The final cost will depend on the number of participants registered, therefore I do not have the power to limit the expense of the trip to 3,500 EUR per person. The costs are determined by the travel company we work with. If there are not 15 participants, then the fees will increase. If that is the case, all registered participants will be notified and given the option to withdraw their participation at no charge.
All registered participants will be asked to pay a €1,000 deposit AFTER November 30 to confirm their participation. Final invoices will be sent out 2-3 months prior to the departure date. The final invoice will include all transportation costs mentioned in the info sheet, visa application processing fees (if any), hotel bookings, breakfast, cultural attractions and tour guides, etc. We ask that each individual’s fees be paid in full prior to our departure.
If the enrollment numbers at below 10 participants, we will most likely be forced to cancel the study trip for this academic year and try again next year.
27th Graduation Ceremony
Sacred Heart University
Jack Welch College of Business in the Grand Duchy of Luxembourg
Friday, December 14, 2018, 6:00 pm*
Salle Robert Krieps
28, rue Münster
*Ceremony will step off promptly at the designated time. Please plan your arrival accordingly.
SHU invites you to celebrate the achievements of the graduates and thank their spouses, significant others, and families who helped them through the rigorous MBA and graduate professional certificate programs.
Please join us at the 27th Graduation Ceremony of the SHU Jack Welch College of Business in the Grand Duchy of Luxembourg!
We have been proud to have the graduates as our students and we will be proud to welcome them to the SHU Luxembourg Alumni Association.
All guests are invited to join SHU for a walking dinner and holiday reception immediately following the ceremony.
REGISTRATION IS MANDATORY. ADMISSION BY TICKET ONLY.
PURCHASE TICKETS BY NOVEMBER 26, 2018
The 2018 Graduation Ceremony is a ticketed event. All guests attending must have a ticket.
Graduates will receive 1 Free Ticket for the 2018 Graduation Ceremony. The graduate does not need a ticket.
The 2018 Graduation Ceremony is a ticketed event; all guests attending must have a ticket, including children.
Tickets may only be purchased online at www.shu.lu/graduation or through the ticketing website. Tickets WILL NOT be sold at the graduation ceremony entrance.
Graduates will receive 1 Free Ticket for the 2018 Graduation Ceremony. The graduate does not need a ticket.
Graduates can only claim their 1 Free Ticket or purchase additional tickets online at www.shu.lu/graduation or through the ticketing website. There are no ticket pick-up sites available.
There is NO LIMIT to the number of guest tickets a graduate may purchase.
Ticket sales are on a first-come-first-serve basis. Please note that last year’s graduation was filled to capacity, so please purchase your tickets early to guarantee a seat.
The deadline to purchase tickets for the 2018 Graduation Ceremony is Monday, November 26.
Tickets include admission the 2018 Graduation Ceremony, a free program, and admission to the celebratory Walking Dinner & Holiday Reception hosted by SHU in honor of the Graduating Class of 2018. The Walking Dinner & Holiday Reception will take place immediately following the ceremony at Neimënster, The Cloister.
Upon receipt of payment, your e-ticket will be emailed.
Please print your e-ticket from the order confirmation email or pull it up in the Eventbrite app on your mobile device to make sure you’re ready to attend. Your QR-Code will be scanned. The QR-code is allowing only one entry per scan.
For information concerning guests with special needs and accessibility at Neimënster, Salle Robert Krieps, please contact email@example.com or firstname.lastname@example.org by Friday, November 30. The University will attempt to provide and arrange appropriate seating.
Special needs seating is available on a first-come, first-served basis. Due to this area’s limited seating, all other members of the party must sit separately in general seating. Please arrive early to ensure availability of special needs seating and please contact email@example.com or firstname.lastname@example.org by Friday, November 30.
A professional photographer will be taking a candid photograph of all graduates during a special moment of recognition. One or two more photos will be taken during the ceremony and reception in addition to the candid handshake photograph.
Graduates will take a group photo on stage IMMEDIATELY AFTER THE CEREMONY. Please DO NOT greet your graduate until after the group photo.
Graduates will receive a free access code to a gallery with ALL event photos via email within 1-2 weeks after the ceremony. Graduates and guests may download all photos, free of charge, for up to 1 month after receiving the free access code via email.
Graduates and guests are encouraged to take your own photographs within the Salle Robert Krieps auditorium. However, we would kindly ask that guests do not move around the auditorium during the ceremony.
Participants are hereby informed that they are likely to appear on photographs taken at the event. These are intended to be published in print and/or digital media published by Sacred Heart University Luxembourg and/or our event partners.
Your ticket includes admission to the celebratory Walking Dinner & Holiday Reception hosted by SHU in honor of the Graduating Class of 2018.
The Walking Dinner & Holiday Reception will take place immediately following the ceremony at Neimënster, The Cloister. The Cloister is located across the courtyard from the Salle Robert Krieps at the Neimënster.
The Walking Dinner & Holiday reception will be a cocktail setting, not a seated dinner.
Cap, gown and hood are provided free of charge for each graduate participating in the ceremony. Graduates must order their graduation reglia via email to the SHU Luxembourg Office Manager by October 1, 2018. The cap, gown, and hood are the graduates to keep.
Graduation regalia collection dates and times will be announced to graduates via SHU email. An email from the graduate will be required for someone else to pick up your cap and gown.
REMINDER: All tuition fees must be paid in full in order to be eligible for participation in the graduation ceremony for Sacred Heart University’s Welch MBA program. If you have questions concerning your student account balance, please contact Administrative Director, Antoine Rech, ASAP.
Graduates are responsible for bringing your cap, gown and hood to the ceremony.
NOTE: The gown has creases and needs to be hung to let them out (for at least 2 days). The material is very sensitive, so please be careful.The best way to remove the wrinkles is to steam your robe.Quick Tip: If you do not have a steamer, turn on the hot water in your shower. Hang your gown in the bathroom for 10 to 15 minutes. The steam from the shower will act as a wrinkle remover.Quick Tip: Ironing is not recommended but if you choose to iron your robe:
Place a towel between the hot iron and the gown at all times and be careful not to focus too much time on the same spot.
New for 2018 Sacred Heart University cap and gowns will be “Going Green”. The new cap and gowns from Herff Jones are made from Renew fabric. Renew is known for being the best keeper gown green offering in the industry. One Renew CustomKeeper gown saves 29 bottles from the landfill – the highest industry standard for green gowns. The Sacred Heart official seal will be embroidered on upper left chest and school colors are added to the gown to follow SHU branding.Cap and Gown Information:
The tassel for your graduation cap will be distributed to you on the afternoon of the ceremony at the Salle Robert Krieps (tassel starts the ceremony on the right) and is also yours to keep.
As graduation is a memorable event in your life and will be preserved in numerous photographs, it is recommended that, beneath the gown, graduates wear appropriate attire and footwear.Quick Tip: If you wear a button down shirt it will give you a place to pin your hood to in the front.
Please do not bring handbags or other personal items that will not/cannot fit in your pocket, as there is no way to secure the graduate dressing area/line-up room during the ceremony. There will be a place to hang your coat in the dressing area, but nothing more. The dressing area will not be locked.
Graduate Arrival Time: 4:30 pm (16h30)
All graduates, faculty and regents participating in the ceremony are requested to meet in the downstairs bar area of the Salle Robert Krieps at the Neimënster between 16h30 and 17h00 on December 14 to review actions and events during the ceremony.
Graduate Arrival Directions:
Graduates use the side entrance of the Salle Robert Krieps, facing the main courtyard to enter directly into the downstairs bar area. Signs will be posted at the Neimënster instructing you where to go. Please review the Abbaye Graphic below.
Parking is not available at the Neimënster. It is recommended that the upper city parking lots be used (Saint-Esprit) or the parking lot of the “Brasserie” of Rives de Clausen. For a parking map, visit: http://www.neimenster.lu/en/Culture/Pratical-information/Access
Graduate Dressing/Line-Up Room
The graduate dressing room is located in the downstairs bar area of the Salle Robert Krieps at the Neimënster
FAMILIES AND GUESTS ARE NOT PERMITTED IN THE GRADUATE DRESSING AREA.
Assistants will be present to assist participants with your attire and your appropriate place in the processional.
Graduate Line-Up Time: 5:30 pm (17h30)
Graduates will begin lining up in the processional order between 17h30 and 17h40.
Ceremony Start Time: 6:00 pm (18h00)
Graduates will start walking from the dressing area to the ceremony entrance at 17h55.
The graduation ceremony and processional will begin at 18h00 sharp.
Commencement Exercises: 6:00 pm*
Salle Robert Krieps
*Ceremony will step off promptly at 6:00 pm.
Please plan your arrival accordingly.
Walking Dinner & Holiday Reception: 7:30 pm
Purchase tickets by Monday, Nov. 26, 2018 Registration is mandatory. The 2018 Graduation Ceremony is a ticketed event. All guests attending must have a ticket.
Parking: Parking is not available at the Neimënster.
It is recommended that the upper city
parking lots be used (Saint-Esprit) or
the parking lot of the “Brasserie” of
Rives de Clausen*.