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4th of July Alumni Networking Drink! End of the Academic Year Party with SHULA! July 4, 2019





Thursday, July 4, 2019 at 6:30 pm

The 4th of July is one of the best-loved traditional celebration days in the U.S. where people gather together with friends, family and neighbors to celebrate American Independence Day—a day that represents the Declaration of Independence and the birth of the United States of America as an independent nation.

It’s a day when Americans love to let their hair down, relax and have some fun.

This year, the Jack Welch College of Business and the SHU Luxembourg Alumni Association bring together our fellow American university alumni associations, the Cornell Club of Luxembourg, the Harvard Club of Luxembourg and the Thunderbird Graduate School for International Management Luxembourg Alumni Chapter, to proudly celebrate the 4th of July at the world’s first Conversion Hub! Foundry is a totally unique environment, community and working space in the heart of Luxembourg City. We could not wish for a more appropriate venue to connect the American university community!

The #4thofSHUly celebrations come at the perfect time for JWCOB students!

As the 2018-2019 Academic Year draws to an end, the SHU Luxembourg Alumni Association hope to congratulate all the hard work, dedication and achievements of our students and alumni, by kicking off your summer with the 4th of July Alumni Networking Drink (End of the 2018-2019 Academic Year Party!)

Joining us for the evening we have a special guest, representing the U.S. Embassy in Luxembourg, Daniel Pattarini!

This event is open to alumni, current students, faculty and friends. Registration is Mandatory.


  • FREE ENTRY: There is NO charge for SHULA alumni/members, Cornell Club of Luxembourg alumni/members, Harvard Club of Luxembourg alumni/members, Thunderbird Luxembourg Chapter alumni/members, current Jack Welch College of Business students, or Jack Welch College of Business faculty.
  • PAID ENTRY: The Alumni Association requests a small donation of €10 from outside participants or guests of alumni, students and faculty for this networking event.
  • €10 can be paid upon registration, or in cash upon entry so friends/co-workers will be able to join and take advantage of the complimentary food and drinks offered by Jack Welch College of Business and the Alumni Association.
  • REGISTRATION: Please have your guests, friends, or co-workers register here or at:
  • REFUND POLICY: 7 days-Attendees can receive refunds up to 7 days before the event start date.

Food: Finger Food offered by the SHU Alumni Association & Jack Welch College of Business
Drinks: Complimentary drinks from 6:30 pm – 9:30 pm offered by the SHU Alumni Association & Jack Welch College of Business

Take the opportunity to celebrate our #4thofSHUly and spend your evening networking and connecting with students, alumni and friends in a relaxed environment!

We look forward to seeing you there!

Registration is Mandatory.


Space may be limited so RSVP, be sure to save your spot today!


Kindly note that there are NO PARKING facilities at the venue.
Parking may be found on surrounding streets, but the best way to reach us is by public transport or walking from the city center. However, if you arrive by car you can leave it at the P+R Bouillon and take the bus 17 (stop: Hollerich, Heentze Park) to arrive at the Foundry.

Bus Line: 17
Bus Stop: Heentze Park

For any inquiries regarding your registration please contact:
Email: or
Call: +352 22 76 13 – 33


Do I have to bring my printed ticket to the event?
Please print your 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.

Check-in Opens at 18h00. Your QR-Code will be scanned. The QR-code is allowing only one entry per scan.

Can I update my registration information?

Is it ok if the name on my ticket or registration doesn’t match the person who attends?
Please submit one registration form per guest. Each ticket is personal and non-transferable.
It must be presented upon arrival.

Kind support for this conference provided by:

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.

4th of July Alumni Networking Drink! End of the Academic Year Party with SHULA! July 4, 2019

Kindly note that there are NO PARKING facilities at the venue.
Parking can be found on surrounding streets.

Connect & Share!


The Sacred Heart University Luxembourg Alumni Association exists to serve alumni, friends and graduates of the Jack Welch College of Business Luxembourg by providing opportunities to network and giving graduates a community to help shape career paths and bring a bit of their Alma mater wherever they go.

The Alumni Association is a great way to network, which is why students are always welcome to join any SHULA events. If you want to spend an evening networking and connecting with alumni, students, faculty and friends in a relaxed environment, please register for any of the events on this page!

We run alumni events through out the year, so please check back regularly for updates!

LunchTime Learning-Executive Education

A Mini-Series of Executive LunchTime Learning Sessions



The Jack Welch College of Business Executive Education Program is targeted at those who desire to become the best version of themselves. With guidance from our highly experienced faculty experts you can deepen your managerial and leadership skill set. Combining knowledge, innovation, reflection and project-based learning, our interactive seminars could be the key to unlocking your new way of thinking.

The series is composed of four separate sessions and different topics. Sessions can be enjoyed individually or as a combined series. Each session is a 90-minute long intervention where—based on an initial introduction of models, literature and practical examples—we work on the understanding of those learnings. Through discussions between participants and instructor, participants learn to recognize how they can use material in the context of their own organization and apply concepts in their professional environment.


  • Session 1: Influencing From the Dark Side – April 11, 2019
    Unconventional approaches to influence and accelerate transformation within your organization to become a more effective change agent. Hone your ability to lead and inspire others, achieve results, and develop the skills to become a more purposeful leader.
  • Session 2: Design Thinking Fundamentals – May 16, 2019
    Understanding the Design Thinking principle and process. Reflection on the conditions for the application of Design Thinking and identify how and when to use different problem solving techniques.
  • Session 3: Managing Change Under Uncertainty – June 6, 2019
    The importance of the effect of uncertainty in everyday management. Where to apply mechanisms to help cope with the effects of uncertainty in the change management context.
  • Session 4: Fully Engaging Your Teams – August 8, 2019
    Reflect on engagement principles in the day-to-day of organizations and identify how their own level of engagement can be improved. Apply concepts to help effectuate engagement or diminish dis-engagement.


All participants are welcome, but this series is designed with a particular emphasis on the executive professional that may have a curiosity about any of the following:

  • Understand how we can deal with managing change in general
  • Get a grasp of what Design Thinking is and get a flavor for some of the ideation techniques
  • Learn how to fully engage teams in organizations
  • Influencing skills from unconventional approaches for positive causes


  • Knowledge & Innovation
    As a university-based Business School, we have access to the latest knowledge. Focusing on practice related concepts, models, insights and tools in managerial and leadership skills. Pushing the boundaries of knowledge and stimulating innovative thinking.
  • Project-Based Learning
    Using methods varying from real life projects to concise assignments, cases and simulation games allowing you to gain insights that are directly applicable to your position.
  • Interaction & Reflections
    A diverse set of perspectives across industries, professional experiences, and academic disciplines—from faculty and participants—are key components of our applied learning approach. Learn by sharing new insights, challenging assumptions, and introducing new ways of the thinking.


  • Lunchtime (12:00-1:45 PM)
  • Chamber of Commerce (training center)
    Luxembourg-Kirchberg (parking provided)


  • Deadline Session 1: Monday, April 8, 2019
    Session 1: Influencing From the Dark Side – April 11, 2019
  • Deadline Session 2: Monday, May 13, 2019
    Session 2: Design Thinking Fundamentals – May 16, 2019
  • Deadline Session 3: Monday, June 3, 2019
    Session 3: Managing Change Under Uncertainty – June 6, 2019
  • Deadline Session 4: Monday, August 5, 2019
    Session 4: Fully Engaging Your Teams – August 8, 2019


  • 1 Session: €150
    (Price includes lunch, learning materials and processing fees)
  • 2 Sessions: €270
    (Price includes lunch, learning materials and processing fees)
  • 3 Sessions: €380
    (Price includes lunch, learning materials and processing fees)
  • 4 Sessions: €490
    (Price includes lunch, learning materials and processing fees)


Payment is due upon registration. Your space is secured upon receipt of full payment.


We understand that business professionals occasionally have changes in plans or schedules that will result in their not being able to attend a session as planned. If you wish to cancel and receive a full refund, you must submit your request in writing 10 business days prior to the session date. Cancellation requests are valid only upon the Jack Welch College of Business confirming receipt of your request. For more information about cancellation policies or assistance with the registration process, please contact: Alexandra Lewis ( or Joshua John Dhillon (


Open Enrollment Course APR 3 - JUN 26: Blockchain & Big Data/Crypto Currencies

Blockchain & Big Data/Crypto Currencies: APR 3 – JUN 26

Open Enrollment Course


APR 3 – JUN 26


Time commitment
per week


1 class
per week



Chamber of Commerce

Training Center
(parking provided)

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:

  1. Use cases for blockchain technologies in supply chain management and payment systems as well as tokenization of assets.
  2. An in-depth look at how blockchain technology is implemented using different programming frameworks (Ethereum and Hyperledger).
  3. 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.

Key Benefits

  • 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

Course Features

  • A practical and pragmatic approach to blockchain based technology.
  • Team Project
    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:

Open Enrollment Course

Blockchain & Big Data/Crypto Currencies

APR 3 – JUN 26

First Name *

Last Name *

E-mail *
Phone number


Title or Position

Which Open Enrollment Course are you interested in? *

Any Questions?

Leading with Integrity

Leading with Integrity

Eros Sharma
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?

According to a Strategy& PwC report on CEO success and ethics,

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.

Registrations are being accepted through the following link containing panelist and logistical information.

Eros Sharma, Adjunct Instructor of Leadership & Management, Jack Welch College of Business SHU Luxembourg
Eros Sharma, M.S.
Human Capital Services Consultant
Ashridge, UK.
Read more

Sacred Heart University-27th Graduation Ceremony

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.

John Chalykoff, Ph.D., Dean, Jack Welch College of Business, Sacred Heart University

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

Professors David John Pike accompanied on piano by Christoph Jung singing the National Anthem of the United States of America

National Anthem of Luxembourg, sung by Ms. Christine Leick

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. Alfred Steinherr, Ph.D., Academic Director, Sacred Heart University, Luxembourg

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,

These teachers have helped SHU stay ahead of the race by launching new courses such as Social Entrepreneurship, Corporate Sustainability, Innovation Management, International Business Strategy and Management of Resilient Portfolios to name but a few.
-Dr. Alfred Steinherr, Academic Director, SHU Luxembourg

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.

Mr. David John Pike singing “Votre Toast” from the opera Carmen, 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

Once finished it was time for the graduates to receive their diplomas and awards. As part of the audience, one cannot help but catch the contagious feeling of pride, joy, accomplishment and satisfaction that seem to sweep through the room, infecting all in its wake leaving them with a sense of purposeful optimism. Each student makes their way across stage to shake hands with Dr. Chalykoff and receive their diploma and with each name called there is uproar of cheers from the crowd as proud relatives and friends are delighted to be part of the ceremony and share in the accomplishments of their loved ones.

The Dean’s Leadership Award was presented to to students Annika Grosser and So Yeh Kim., the Silver Medal of Excellence was awarded to Sime Jurlina and finally, the Gold Medal of Excellence and honor of Valedictorian was awarded to, Ricardo Carmo.

Annika Grosser, Dean’s Leadership Award

So Yeh Kim, Dean’s Leadership Award
Šime Jurlina, Silver Medal of Excellence Award
Ricardo Carmo, Gold Medal of Excellence Award

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.

Ricardo Carmo, Valedictory Address

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
Alberto Balossino
Ashish Bansal
Jehan Abdussalam M Ben Yousef
Bastien Berg
Denise Bouba
Arianna Brina
Ricardo Carmo
Vivek Daksh
Mike De Dood
Fabian Deynet
Sahil Goel
Annika Grosser
Peter Hancz
Nicolas Janvier
Šime Jurlina
Bénédicte Keith
So Yeh Kim
Iwona Koscinska-Carthy
Marichka Milord
Kiran Sasidharan Neeliath Nambiar
Maxime G. Nino
Jaqueline Nuß
Justin Lyndal Peel
Dragos Alexandru Petre
Joseph Amith Ramesh
Fairuz Binti Samuri
Philipp Andreas Franz Schlöder
Ramesh Kumar Singh
Iuliana G. Stan
Martina Veit

Graduate Business Certificate

Carine Laloy – Leadership certificate