Tag Archives: MBA

Women’s History Month – MBA Alumni discussion with Renata Gil Prates

In honor of Women’s History Month, Sacred Heart University Luxembourg sat down with 2019 alumna Renata Gil Prates to discuss how an MBA impacted her career and gather her advice for tackling challenges.

SHULU: Apart from being one of our Alumna, who are you, what is your background?

My name is Renata, and I’m turning 41 years old. I was born and raised in Brazil, in a female-centric family—we are four sisters and I am number 2. As a good student and a passionate reader, I was led to law school. For more than 15 years, I worked as a litigation lawyer. I was happy in my comfort zone until a trip to Luxembourg sparked in me a need for change.

SHULU: Why did you chose to get your an MBA from Sacred Heart University Luxembourg?

I wanted to change, not just my career, but my entire life. My life wasn’t bad, I just had this feeling—I could hear my internal voice saying it was time to change. I followed my intuition and I took one year as a sabbatical. I came to Luxembourg and I went to London to improve my English. In 2018, I figured out that in Luxembourg, I feel like I am at home. Now that I had a home, I needed a job.

The job market is not very friendly when you are a non-European with no international experience. Education is always the key. Studying in Luxembourg was my best chance to make the change happen. It was not difficult to choose Sacred Heart University—the language, the multicultural environment, the reviews from friends, and, of course, the internship program.

SHULU: What has life been like since graduating?

Since graduation, the pandemic has put us all in a weird situation, but overall my life is very good. I changed my career; I am not working as a lawyer anymore, I am working in compliance in a Brazilian bank. I started from scratch, but my legal background helps me every day. SHU was a very important catalyst for this change in my career.

SHULU: How has an MBA changed your career trajectory?

The MBA was a full package experience for me. I met very good friends and we had and still have great moments together. It was in the program that I started building my network.

SHULU: What is the biggest challenge you’ve faced and how did it change your life ?

The biggest challenge I have faced was the decision to leave my comfort zone and come to Luxembourg in my late thirties. I have no regrets at all. And this decision changed my entire life: I live in a new country, I speak a foreign language most of the time, my friends are from everywhere, and I am super happy and open to the next change.

SHULU: What advice would you give women today who are navigating such rapid change?

My advice: question yourself even if you are happy, trust and follow your intuition, invest in yourself, be open and work hard.

SHULU: Can you please share your favorite quote/ mantra with us?

My mantra is good things are coming!

Follow this link to find all informations about our MBA.

MBA Application Deadline Extended

MBA Admissions COVID-19 Response

MBA Application Deadline Extended

At the Sacred Heart University Luxembourg, we recognize the extraordinary personal and professional challenges that the coronavirus pandemic poses, including your application to business school.

We admire your decision to invest in yourself in this time of uncertainty.

An MBA from the Sacred Heart University will help future-proof your career as the the global economy rebounds.

We’ve made adjustments to our MBA admissions process to accommodate you, wherever you are in the process.

PERSONAL CONSULTATIONS

Connect one-on-one for a personal admissions consultation with an admissions representative via Skype, WebEx, or WhatsApp to talk about your goals, the application, our program, culture and any other questions you may have.

ONLINE GMAT AND/OR TOEFL TESTS

We encourage you to take at-home version of the GMAT and TOEFL.

ATTENTION: The Online GMAT is available starting April 20. The benefit of the GMAT Online exam is that candidates can schedule appointment times around the clock—24 hours a day, 7 days a week—allowing for greater flexibility during an evolving situation.

The TOEFL is also now available online:

Sacred Heart University may offer Provisional Acceptance for students who do not meet the minimum English Language requirements.

  • Students may complete Online ESL courses at Sacred Heart University’s English Language Institute or other ESL school prior to starting their academic program.
  • If applicant does not have an English Proficiency Exam Score, complete the ESL Exam Waiver Request

GMAT WAIVERS

We’re offering GMAT waivers to the Full-Time MBA with internship and Part-Time MBA programs to accommodate the current testing limitations.

EXTENDED DEADLINES

For more information about deadline extensions, please contact us at mba@shu.lu or info@shu.lu.

FREE PERSONAL ASSESSMENT OF ELIGIBILITY

Our Graduate Admissions Office can offer you a free personal assessment of eligibility. After which, we will then be able to provide a more precise potential start-date and individual schedule for your potential MBA and/or Business Certificate program.

To begin the process, please send the following documents to Admissions & Administrative Director, Mr. Antoine Rech (arech@shu.lu):

  1. Transcript(s)
    Copy/Scan from all previous colleges and universities attended—i.e., Bachelor’s degree and Master’s degree
  2. Diploma(s)
    Copy/Scan
  3. Professional Certificate(s) and/or Professional License(s)
    Copy/Scan
  4. Resume/CV

NON-EU NATIONAL APPLICANTS

STAY UP TO DATE

Stay up to date with the campus-wide responses at the SHU Coronavirus Information page.

We’re committed to helping you at every step of the application process and hopefully welcoming you in the Class of 2020. We look forward to receiving your application for this fall.

APPLY NOW

Apply Now

CONNECT & EXPLORE WITH US

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

ALUMNI EVENTS

REGISTER TODAY

REGISTRATION REQUIRED

REGISTRATION DEADLINE: JULY 3, 2019

4TH OF JULY ALUMNI NETWORKING DRINK
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 Sacred Heart University 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.

Fees:

  • 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 Sacred Heart University Luxembourg students, or Sacred Heart University Luxembourg 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 Sacred Heart University Luxembourg and the Alumni Association.
  • REGISTRATION: Please have your guests, friends, or co-workers register here or at: https://www.shu.lu/alumnievents.
  • REFUND POLICY: 7 days-Attendees can receive refunds up to 7 days before the event start date.

Food: Finger Food offered by the Sacred Heart University Luxembourg Alumni Association
Drinks: Complimentary drinks from 6:30 pm – 9:30 pm offered by the Sacred Heart University Luxembourg Alumni Association

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.

REGISTRATION DEADLINE: JULY 3, 2019

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

ADDITIONAL INFORMATION

PARKING
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 CONNECTIONS
Bus Line: 17
Bus Stop: Heentze Park

QUESTIONS?
For any inquiries regarding your registration please contact:
Email: alewis@shu.lu or jdhillon@shu.lu
Call: +352 22 76 13 – 33

FAQs

Do I have to bring my printed ticket to the event?
YES
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?
YES

Is it ok if the name on my ticket or registration doesn’t match the person who attends?
NO
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!

ALUMNI EVENTS

The Sacred Heart University Luxembourg Alumni Association exists to serve alumni, friends and graduates of the Sacred Heart University 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!

Leading with Integrity

Leading with Integrity

Eros Sharma
Adjunct Instructor of Leadership
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 Sacred Heart University 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. Sacred Heart University 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.
www.shu.lu/conferenceregistration/

Eros Sharma, Adjunct Instructor of Leadership & Management, Sacred Heart University Luxembourg
Eros Sharma, M.S.
Human Capital Services Consultant
Ashridge, UK.
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“My Journey to Luxembourg with the Sacred Heart University MBA with Internship Program” – Patrycja Stala

My Beginning:

Growing up I considered myself blessed. Over the years, I witnessed my beloved parents overcome adversity and become successful entrepreneurs out of sheer hard work and perseverance. I was born in Czestochowa, Poland, 24 years ago, to two young parents living in a small village with in difficult financial situation. Just a few years before, communism had ended in our country and everyone faced a challenging time.

My Initial Academic Plan:

Early in my student life, my plans for the future always tended to revolve around Science. I loved to read encyclopedias and searched for every science program available on TV. Everything about science interested me, but most of all it was the logic and creativity behind it that fulfilled my curiosity. For a long time I thought I wanted to pursue a career in medicine and in fact I earned my first degree in nutrition from a medical university in Poland.

Big Change in Our Family:

When I turned 17, my parents ventured into the business of owning grocery stores. It was a challenging start in this new initiative. However, I rapidly attained knowledge and developed involvement in our new direction. From the very beginning I participated and helped my family as much as possible.

My parents were never discouraged and soon the business began to turn more and more prosperous. In a short time, I came to know everything about our family business from ground zero. Three years later, we decided to join a franchise grocery chain and with this merger I moved up internally once more and became an official manager. As our store’s popularity increased, my job became even more challenging. Enlarging our company spending, selling, and a larger employee team all brought on new requirements to our organization.

My increasing inspiration from my parents and my thirst for more knowledge also contributed to my new ideas. Today I realize the valuable experience I gained. In my situation I acquired the opportunity to apply what I learned each day directly into practice. It was during these changing times, and with the turn in success and progress, that I realized my growing passion for entrepreneurship.

My Search for Business Schools

After deciding to pursue my degree in Business Administration, I began researching programs, initially in the United States. I took entrance exams and started applying to schools.
One sunny day during spring vacation, after I had taken my exams, I was yachting with a group of friends on the lakes of the beautiful region of Masuria in the North East of Poland, when my phone rang and an unrecognized number popped up on my screen.

A Sacred Heart University representative was calling and I was informed of all details about the MBA with internship program in Luxembourg. A bonus was the fact that Sacred Heart is an American University with a campus in Luxembourg, one of the wealthiest country in Europe. This meant I could gain experiences from both continents. The idea of doing an internship while studying really appealed to me because it meant practicing what I learned right away.

After carefully considering and comparing SHU with all the schools I’d applied to, I felt this program offered exactly what I was looking for; it suited my needs and especially caught my attention with the quality internship program. Overall I was looking for a highly professional school with a world-wide accreditation that would provide me with great academic courses and real work experience at the same time.

Why Sacred Heart University

My admission went smoothly, and the staff extended support and assistance through the entire process. From application to graduation the administration and professors at SHU are there for me. The university helps coach and mentor students into getting a quality internship. Prior to the Master’s program, the only professional background I had was the experience working at the family store and I was not sure how to approach and enter the workforce on my own.
What I value in SHU Luxembourg is the large diversity in my classes, the personal contact and guidance, and a fantastic relationship with our teachers and staff. Luxembourg is one of the most culturally diverse places on earth which not only adds to my experience, but also feeds my soul.

Sacred Heart University Team 1 & Team 2: Discover Luxembourg 2016