Academics

10 good reasons to do an MBA in Luxembourg

How do I advance my professional career when you’re in a position?

When taking your professional career to the next level, there are a few levers you can pull: an advanced degree, expanded skills, more professional experience, and a larger network, to name a few. But, what if there was a way to do all of these things in one push?

That’s the value of an MBA program, but not all programs are created equal. A program’s reputation, the expertise of their teaching and administrative staff, and the diversity of their student body are all elements that can determine the degree to which an MBA has the power to grow your potential.

There are many good reasons for you to start an MBA program at SHULU. Here are the top ten to consider.

1: Compliment your existing experience, knowledge, and expertise

Many professionals believe that the experience they have gained so far is sufficient to get them where they want to go. But this is often not the case. The business world is constantly changing. The skills of those working in this field must adapt to meet the needs of global businesses. A high-quality MBA program offers a curriculum that evolves with the business world. However, it must also be tailored to the student’s expertise, with a curriculum and course trajectory that builds on existing knowledge.

2: Expand your network through an effective MBA program

The term “network” has a broad meaning and covers many important elements of building a professional career. It concerns not only the people you have worked with, but also your international exposure to people and trends in your field.

3: Expand your skills base

Developing your skills not only helps you find new career opportunities, but also helps you thrive in a multitude of professional landscapes.

4: Learn your ABCs

Management and leadership disciplines use a basic psychological needs theory which says that everyone requires the satisfaction of three basic needs, or the ABCs, which are:

Autonomy: “I’m free to decide, and express my ideas and opinions.”
Belonging: “I like interacting with people, and I have the mutual support of people who care about me.”
Competence: “I’m good at what I do. I feel a sense of accomplishment, and I’m learning interesting things.”
To become a successful manager and leader requires understanding how these ABCs work.

5: Get a personalized learning experience

The goal is to provide each student with the personal attention that allows them to develop in and out of the classroom, both as a professional and as an individual.

6: Add a highly-respected advanced degree to your portfolio

An MBA program is more than an accolade, it’s proof positive of your ability to learn complex concepts, meet deadlines, and execute on your goals. But when you put it on your CV, you want to ensure it comes from a well-respected institution.

7: Meet some fantastic new people!

Beyond the development of a network previously mentioned, it is also and above all a human adventure that allows you to meet different paths and rich in experiences. It also means being confronted with opposing ideas and points of view. It’s especially an opportunity to meet people that will allow you to develop and expand your business vision.

8: Get job experience

Though theory and concepts are an important foundation for increasing an understanding of global business, it’s also a well-known fact that you can’t learn to swim by reading a book.

9: Complete your MBA at your own pace, around your work schedule.

Life happens, whether you’re getting your MBA or not. In addition, a part-time Executive MBA program should allow students to follow a program at their own pace, with an average completion time of 2 years.

10: Be at the centre of it all

Luxembourg, located in the center of Europe, is one of the world’s largest financial centers and is a pioneer in e-commerce, intellectual property, and research and development. SHULU’s programs are delivered at the Chamber of Commerce in Kirchberg, the heart of the financial sector and the European Institutions.

What institution in Luxembourg can offer me this type of course?

Sacred Heart University offers the only AACSB accredited higher education in Luxembourg. Only 5% of schools in the world meet these high standards, and it is one of them. Their curriculum is designed and delivered by accomplished academics and experienced business practitioners. Their diverse student body brings a mix of professional experience, professionalism and creativity. Considering the various points we have just mentioned, here is what the HUS proposes:

An adapted MBA program

At SHULU, entering students are assessed based on their background and experience, and the program is tailored to scaffold on top of their skill base.

An important network

At SHULU, with their network of 700 + Alumni, you have the opportunity to access of all of this by learning more about your field and expanding your professional network at a well-respected, international institution.

An experimental approach

SHULU’s program applies both an experiential and applied approach, with concepts that are supported by real-world examples. The curriculum is also designed to adapt to today’s business environment.

Manage your ABCs

SHULU’s MBA program is designed to help you master these elements for yourself and ensure your ability to foster them in others in your organization. Their Coaching & Mentoring program, which runs parallel to their Academic program, is especially built to assist in the Competence and Autonomy categories.

More time with your teachers

SHULU has more than 100 students enrolled but are split into groups of around 25 students. They offer an average class size of 22 students, which allows students to get more time with faculty and get to know their peers in a series of small group interactions. they also offer a Coaching & Mentoring program

Recognition by the Luxembourg Ministry of Higher Education

Not only are SHULU’s MBA programs accredited by the premier global accrediting body for business schools, but they are also officially recognized by the Luxembourg Ministry of Higher Education and Research. SHULU has educated business leaders at its main campus in Fairfield, Connecticut since 1965 and at its Luxembourg branch since 1991.

The diversity of graduates

In the last 30 years, SHULU has graduated more than 700 business leaders from more than 50 different countries. We boast a diverse student body; a mix of entrepreneurial thinkers, innovative problem-solvers, egalitarian team players and motivated professionals. The student body comes from more than 40 nationalities and international faculty from more than 30 nationalities. SHULU MBA students are selected for what they can contribute to the class and future employers.

A hands-on experience via a single internship

SHULU’s MBA with internship provides real-world experience at prestigious domestic and international companies, including Amazon, Vodafone, SES, and others. The program includes a 6-9 month paid internship and individual career coaching and job placement assistance. Students will have the opportunity to work on company projects and network with executives and entrepreneurs.

A program adapted to working life

SHULU’s program is unique because all classes take place during the weekdays between 6:30 and 9:30 pm, allowing students to continue working while completing their program. In addition, the part-time Executive MBA program allows students to complete the program at their own pace, with an average completion time of 2 years.

Sacred Heart University – A unique place to learn

SHULU benefits from a vibrant environment in a modern facility. The opportunity to develop yourself within this rich learning experience is waiting for you.

Sacred Heart University SHU USA MBA

SHU’s MBA Program Named One of the Best in The Princeton Review

Fairfield’s Hamlet Hub website just reported that Sacred Heart University’s Master of Business Administration has been named among the best by the Princeton Review. Please find below a summary of this article:

Sacred Heart University’s Jack Welch College of Business & Technology (WCBT) has yet again earned a place among the nation’s outstanding business schools for a master’s degree in business administration, according to The Princeton Review. The education services company profiles SHU in its recently reported list, “Best Business Schools 2021: On-Campus MBA Programs.”

The Princeton Review compiled its list of the 244 top business schools using institutional and student survey data. The profiles also have five categories of ratings that The Princeton Review tallies based on data from its administrator and/or student surveys. Rating categories encompass academic experience, admissions selectivity, career and professors who are interesting and accessible.

“We are delighted that The Princeton Review continues to recognize the value of our MBA program,” said Martha J. Crawford, dean of the WCBT. “Our faculty and staff are dedicated to ensuring students receive a meaningful and relevant business education. Our MBA program prepares students to thrive in a business world that is being transformed by digital innovation. Our program is unique for its emphasis on experiential learning and technology literacy. It also helps students develop an international perspective, through digital integration of our Fairfield and Luxembourg campuses.”

The WBCT is accredited by the Association to Advance Collegiate Schools of Business (AACSB), and its faculty are recognized scholars and experienced practitioners in the business world. Under their guidance, students complete required coursework and a capstone project, working with their peers to help local businesses develop a product or service. Students hone their management skills, apply the business concepts they’ve learned and make presentations to business professionals, nonprofit executives and faculty on the new product or service they developed. Students gain first-hand experiences and a glimpse of what business success entails.

Follow this link to find all informations about our MBA.

Gunter Fischer

3X3: let’s hear what Gunter Fischer, Professor of Finance has to say!

3 favourite places in Lux?

Konrad Café and Bar: relaxed and almost Bohème feeling right in Luxemburg city – great place for a drink and chat

Lawn in front of Fort Thüngen: best view on the whole city, ideal for a picnic and a short hike afterwards

New Bibliotheque National de Luxembourg on Kirchberg: architecturally from outside not my preferred style but inside: Wow! Wonderful atmosphere and large collection especially of journals and newspapers to spend hours with

3 ideas to navigate in these uncertain times?

We are faced with lots of uncertainty. To master this and address the potential risks we need flexibility. Keep your options open and try to increase your flexibility where possible to master this uncertainty

Build up your inner strength: a good amount of regular sleep, lots of sport and staying connected to family and friends does the trick for me

And overall: keep your positivity and ambition. Things will pan out and when they do, we will be ready to shape the future

3 reasons why education is important?

You keep your mind open: education needs an open mind and it also further opens opens your mind – a virtuous circle

You get to know new people: education works most effectively when you interact with others. This interaction contributes immensely to your emotional balance and feeling of fulfillment

You need to move on/challenge yourself: education and putting yourself in front of challenges allows you to grow. You test your limits and gives you the satisfaction of achievements – a great experience!

Want to know more about Gunter Fischer, click here: https://www.shu.lu/gunter-fischer-ph-d-mba/

3X3: let’s hear what Marcus B. Muller, SHU Professor of Management has to say!

3 reasons why signing up for an MBA?

Perspective taking. An MBA broadens people’s perpectives on life in many ways, for example, in terms of disciplines, industries, cultures/nationalities/geographies, levels of seniority, social skills.

Lifelong networks. Most students I met at graduation said that the other students were one of the key pillars of their learning. Also, the networks built around cohorts and alumni represent a key success factor in career development.

Control your life. Jack Welch has been credited with the sentence “Control your own destiny or someone else will”. The qualification of an MBA enables people to have more control over their own destinies. With a masters degree in general management, a world of career opportunities opens up providing people with better chances to create and sustain success for themselves.

3 ideas to navigate in these uncertain times?

“Every time we open our eyes, the world is different” is a Buddhist proverb. Our lives keep changing, moment by moment. Therefore, life is uncertain by definition. Crises such as COVID-19 just make us more aware of this aspect of being human. As a result here my 3 ideas for dealing with uncertainty:

Fear is not a good advisor. It makes people act irrational, selfish and unproductive. Instead, people should feel confident that the skills that have carried them through the storms of life until now, will also help them prevail in the face of an actual crisis. As a result, they will act rational, creative and collaborative in identifying solutions.

Uncertainty has opportunity as its flipside. As life is never constant, changes provide new opportunities. The opportunities are the greater the greater the changes. Therefore, people who remain open-minded in times of crises have a greater capacity for capitalizing on opportunities opening up.

Helping helps. High levels of uncertainty make many people feel helpless. Being there for others when the going gets tough provides opportunities for building unique, sustainable bonds. As reciprocity is a key feature of human nature, relationships built in times of crises represent a strong foundation of mutual, future success.

3 greatest factors that higher education contribute to the Lux business community?

The business world has been facing an increasing war for talent over the last 2 decades. Higher education

creates 1 knowledge,
drives 2 innovation and
advances 3 diversity.

Higher education attracts global talent to Luxembourg, nurtures on-the-ground expertise and supplies hands, heads and hearts to the Luxembourg business community necessary to compete successfully and sustainably on a global scale.

Want to know more about Marcus, click here: https://www.shu.lu/marcus-b-mueller/

3X3: let’s hear what Esther Celosse, SHU Professor of Management has to say!

3 words to your Alumni and Students?

Proud: I am proud of all of you. Of the alumni for having finished the program, haven taken all we want to give you on board, being the successful people you are and showing us the added value of the MBA. Of the current students for investing their energy and giving their willingness to open up to the material at offer, for giving us the inspiration to keep improving the program and for staying with us in these challenging times.

Courage: You have shown already a lot of courage by making the choice for doing an MBA, but I wish you even more courage in these times, where we all need to adapt and change our way of living, working and studying;

Bridge: Our program is designed to help build bridges and cross them too. Bridges between education and practice, between you and the business community and between current and past students. Alumni and current students have to offer each other so much. Don’t hesitate and reach out to each other.

3 favourite places in Lux?

1. The “Eichtal Forest” between Steinfort/Eischen/Hobscheid: its where we walk our dog daily, have great mountain bike trails, the dog can swim in the Eich and where you cross the border with Belgium all the time

2. The Villa Romaine de Goeblange: this Gallo-Roman dwelling in the forest is being excavated and restored to feed your imagination. You truly can feel how they used to live and work there. Wonderful magic place for walks, picnics and understanding a part of the past that you may not have suspected of Luxembourg

3. The Vallée de sept Chateaux: This 40 km trip takes you through a vallee with seven castles (Château de Koerich ; Château de Septfontaines ; Château d’Ansembourg ; Grand château d’Ansembourg ; Château de Hollenfels ; Château de Schoenfels ; Château de Mersch). Wonderful bike ride or walking paths through this vallee.

3 ideas to navigate in these uncertain times?

Be curious: uncertainty and constant changes may rock your personal and professional world, at even a daily basis, now. This can be very unsettling. Not all change is bad though, but in order to find out if there are also opportunities and good sides to the new situation, you could start by being curious about the change. Who knows, you may see some benefits you otherwise would have missed.

Find a ritme: having to deal with change and uncertainty costs a lot of energy. But not everything will change or is under certainty stress. Find these elements and give these a place in your daily routines (cleaning the house, doing your home-work, walking the dog etc). They give you ritme and a solid base and will help to manage your energy during the day better.

Reach out: we are social animals and we need human contact to live, love and learn..:-). While finding a ritme, why not incorporate a daily call/zoom/meetup with one person out of your network. Being in a digital age has its advantages, so put in your calendar a 15 min reach-out timeslot and (re)connect with your (old) network of friends, family, alumni etc.

Want to know more about Esther, click here: https://www.shu.lu/esther-celosse/

3X3: let’s hear what Jens Hoellermann, SHU Professor of Private Equity has to say!

3 words to your Alumni and Students:

Never stop learning, as this is a life-long adventures.

– Be eager for knowledge, as you live and learn.

Stay hungry.

3 favorite places in Lux:

My home, on my coach, in front of the chimney with a good glass of Luxembourgish wine.

The Brasserie Guillaume where you get excellent fish and the best carpaccio in the world.

The Parc Merveilleux for a relaxed walk on a Sunday.

3 “Must Know” about SHU Lux:

– The only business school in Luxembourg with a AACSB accreditation.

– The leading MBA program in the country.

– The best student support you could think of.

Want to know more about Jens, click here: https://www.shu.lu/jens-hoellermann/