Sacred Heart University News

Your information source for the latest at SHU
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/

Raymond Schadeck

Paperjam announces Sacred Heart University’s new board

Paperjam, the luxembourgish Business Media, reported that a new board of directors has been appointed at Sacred Heart University Luxembourg, with Raymond Schadeck as chairman.

Sacred Heart University Luxembourg is setting up a new board, with Raymond Schadeck as president, the university said in a statement on Thursday.

This change in governance aims to “develop and implement its new strategic directions” from Welch College of Business & Technology (WCBT) at Sacred Heart University. “To cope with the increased complexity, the speed of change and the challenges that companies are facing, WCBT Luxembourg has launched a strategic reflection process to adapt existing higher education programs, but also to develop new ones”.

The new board of directors will now be composed of Charles-Louis Ackermann, Julie Becker, Aïssata Coulibaly, Melanie Delannoy, Martin Dobbins, Shiva Dustdar, Jean Ehret, Jacques Lanners, Katia Scheidecker, Karin Schintgen, Rolf Tarrach and Marc Wagener.

Established in Luxembourg for 30 years and located at the Chamber of Commerce in Kirchberg, the WCBT of Sacred Heart University is the Luxembourg branch of WCBT’s main campus based in Fairfield, Connecticut, United States.

Since the appointment of Dean Martha J. Crawford, a former Harvard professor, to WCBT Fairfield in August 2019, the Luxembourg campus of WCBT has been given an even greater role in the university’s overall strategy.

Find the original article here : https://paperjam.lu/article/nouveau-board-a-sacred-heart-u

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/

3X3: let’s hear what Nicolas Martelin, SHU Professor of Behavioral Finance has to say!

3 reasons why education is important?

– First, there is a common misunderstanding about education. Education is not knowledge. Finding out information is easy but being able to draw a line between what we know and what we don’t know is much more difficult. Learning how to draw this line is what education is all about.

– Then, once we are aware of the limits of our knowledge, we can start to discover and invent ways to get past them. Education is the driving force of creation.

Education is eventually like a trail of breadcrumbs. In and out of the classroom, “anything that comes to our hand is as good as a book” as Montaigne coined it. Each and every one of our experiences is part of the curriculum.

3 words to your Alumni and Students?

Curiosity: How can we go from being a child constantly asking questions about everything to an adult who is happy with no longer having to question the world around us? Be curious, keep asking questions, try to see how different topics can be related.

Grades: Do not focus on grades and other metrics because that will prevent you from enjoying the learning process.

Demand: Be demanding with yourself so that you can be proud of your work.

3 favorite places in Lux?

– The forest of Dudelange for a run;

– The Mosel Region and its rolling hills for a hike;

Vianden for all things history: Victor Hugo lived there for a few months.

Want to know more about Nicolas, click here