Novartis Presentation

Category: , , , , By Stuart

On Wednesday we had a presentation by senior executives including the head of Business Processes and Analysis division of Novartis.


They were here to sell their Finance development program (FDP) for executives and were keen for talent from St Gallen.


The FDP is basically a starting point for high profile financial executives into Novartis and intends to groom them to step into CFO roles within a period 5-6 years..


The presentation was interesting and the program seems to be well thought out.. basically the FDP participant starts in Basel (which is the group HQ) and works there for about 15 months in different divisions and then be posted to another country as head of FRA (Financial Reporting and Advisory)..


From there to another international division (like BPA) and finally as a CFO for a company, which is when he/she will have graduated out of the FDP program.


Interesting huh? Yeah.. esp if u are a typical bean counter and like book keeping .. the responsibility , career growth and responsibility. Some guys were interested in M&A and strat planning which had other entry points…


Takeaways: just three weeks and we have the first company trying to sell itself to us.. great way to start ur MBA! And it helps to have a small batch.. u get to interact with these people one on one… so if u r keen to get in at least u could face an interview.. where u can sell urself .. and possibly land a job.



 

St Gallen Creative Challenge

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The first week at HSG (University of St Gallen) was really a lot of fun..

We had sessions with "Klaus Elle" on unleashing creativity through the St Gallen Creative challenge. On the first day Klaus gave us an audiovisual stimulus which comprised of vivid patterns drawn from sub-atomic particles upto the cosmic spheres.. then , all of us were split into groups and each group had to work on a painting .. the canvas and all materials were ofcourse courtesy the MBA office (I'm starting to really like these guys!)

The theme was " Reaching Places others only dream of"
And suddenly we..the group of aspiring future entrepreneurs … CEOs (or Picassos? Huh?) grabbed brushes and started working on our masterpieces…
What more should I say.. let the pictures unfold the story…!!!


This is the video






















and this is the photo album of our experiences at the creative challenge...




St Gallen Creative Challenge

On the last day we brought in some wine and raised a toast to Klaus who made this a very stimulating experience (=great fun) for all of us

cheers!

Stuart

 

First Day@HSG

Category: , By Stuart
The first very day had two short group assignments for us.. one was to form groups, get to know each other and present the team profile to the rest of the batch..
The second was during Winfried's session where we were asked to team up and come up with our expectations from the MBA program.. which was followed by St Gallen's strategies to help us get us to our dream aspirations post MBA. Hmm interesting!!!

Anyways , later in the evening we the MBA team organized a dinner for all of us…
well well well! that's being very generous I'd say (no wonder the MBA fees the world over is at an all time high!!)
We met at the Fondue Beizli.. the very famous Fondue restaurant of St Gallen.. To add to the fun it started drizzling and the weather became pleasantly cool..


For the uninitiated, a Cheese Fondue is the dish where in a large bowl of molten cheese is placed in the centre of the table and a flame is lit below… bread crumbs are picked using a long fork and dipped in this molten cheese and eaten… another variation is a meat fondue.. where u use meat instead of bread and dip the meat into the cheese



While the sweeter variation is the chocolate fondue.. where fruit pieces like banana, apple etc are dipped into a bowl of molten chocolate…


It is a must try if u want to get a taste of the Swiss way of life.. most swiss guys swear by it..

The dinner was a blast.. The Fondue, the wine, the drizzle… ah it was as if the Swiss gods (& HSG MBA team) were trying their best to make it a memorable first day for us all at St Gallen.. We had such a great time… we just sat for a long while drinking .. talking… dipping our bread and spirits in the swiss fondue! This was also symbolic in the sense that being a small group of carefully selected people .. we look forward to harmonious life long friendship…and nothing better than a fondue to mark the beginning of our shared learning experience!



The first introduction week had much more in store… don't go away.. stay Tuned!!!


Stuart!!

 

Stuart sets sail on the MBA voyage!!!!

Category: , , By Stuart
Sorry for not writing in earlier folks.. Stuart is a little mouse in a very new place.. and it takes me a little while to settle in..

Finally touched base at St. Gallen…. and the very first day at the MBA class we had such a good time..


Our class comprises of about 35 people representing 15 nationalities… with people coming in from the US from one end and Japan from another… Russians, Indians, French, Italian....quite a fair representation I'd say!!!



Most people have credible work experience… and their resumes already look very very impressive!!! (wonder why they need an mba then ???) ;-)



Well the first week at the MBA HSG was the introduction week…






First day .. first impressions:



We gathered for breakfast at the cafeteria in the ground floor of the MBA office and introduced ourselves to fellow MBA students and reps from the MBA office… over donuts and sweet nothings that would tempt even Hansel and Gretel back to the witch's cottage ;)


Wolfgang, the new Exec. Director of the MBA program and the rest of the MBA team welcomed us to the class… The HSG MBA is quite new and they really need to work hard to push it onto the world stage in league with the best… and Wolfgang's very first slide made it very clear that St Gallen knows what it has to do..it said



"We will do everything in our power to facilitate your learning and help you have a great learning experience."



Now that's an impressive opening line anyway you look at it…! I'm impressed!!!

We were then addressed by the head of career services.. who gave us inputs about our overall incoming class profile and also our projected career profile..

Basically about 4 weeks ago we were sent a detailed questionnaire by the career services to gain a feel about our career aspirations as well as our target companies etc..

Which was then followed up by a class profile CV template.. the career services started working even before we got in!! good initiative..no wonder so many companies recruit at St Gallen…

We then went for a lunch to “Wok” ( http://www.wok-stgallen.ch/) - a popular Chinese restaurant at “Marketplatz” in the heart of the buzzing shopping district.. and just a stone’s throw away from the MBA office at Blumenbergplatz…
All of us had a very exquisite Chinese buffet meal with lots of wine… courtesy the MBA office.. these guys are so very nice (or is it the wine in my veins that makes me them appear nicer???) ;-)
The post lunch session had more people …Our German instructor, the Academic Director etc.. etc..
St Gallen organizes a German (or Italian/French) language beginner’s course for all of its students. This course (worth CHF 600) is conducted by Klubschule Migros (
http://www.klubschule.ch/) is aimed to enhance the employability of the MBA students… that’s money well spent … what say???

Much more happened in the evening.. stay tuned!!!
Cheers!

Stuart


 

Career Services

Category: , , , By Stuart
 

HOUSE HUNTING

Category: , , By Stuart
Well now that stuart has paid his deposit and is all set to leave the warmth of his home... he needs to look for another hole (apartment) doesn't he?

So i'm looking for an apartment...and it ain't an easy task! Most of the house hunting sites are in German so google translate and Babelfish(Alta vista) are the online translation services that one needs to use..

But what's easy: you have somebody from the MBA office to help u evaluate and finalize the apartment..

typically u need to pay 15 days to 1 month advance rent to seal the deal....!!
There are some very popular sites for hunting houses ..
I'm off loo0king for a mouse hole!!
 

MBA Ahoy!

Category: , , , By Stuart


Well i've wired my 6000 CHF deposit and am now within sniffing distance of the St Gallen MBA! And yes i'm rubbing my hands in anticipation!!

Well for the uninitiated... the MBA program at St Gallen provides funding for its participants. The Euro/Swiss participants get a bank loan to fund their entire fees of 48000 CHF (including the initial deposit of 6000 CHF) at an interest rate of 4% per annum.

For non-EU participants, the Univ offers a loan of 42000 CHF at 5% interest p.a. repayable over 3 years starting 6 months after graduation.

and mind you.. both of these loans are without collateral!

My 2 cents:
By having this arrangement, St Gallen has made life a lot simpler for its participants. Arranging finances to fund one's MBA studies can really be a nightmare! INSEAD had an ABN AMRO loan program but after that was discontinued.. people have had a lot of trouble coughing up the MBA fees of 48000 Euros!

Quality education does come at a price, but by leveraging its brand name to arrange affordable funds for its MBA students, St Gallen has shown faith in the future leaders that it is nurturing!



That's really great anyway you look at it.

 

St Gallen?

Category: , , By Stuart
  • Now when I decided to set sail on the MBA voyage, I found myself with numerous opportunities . With the world moving fast towards becoming a global marketplace, i greatly felt the need to get an international perspective on business, economics and world affairs.

    I was keen to immerse myself in a pool of "ignited" minds and benefit from the intellectual abrasion that results when you work in closely knit groups on tight deadlines.

    I wanted to pursue my MBA in Europe, Australia or Asia and finally zeroed in on St. Gallen, Switzerland.

    Why St. Gallen?
  • The reputation of the University of St. Gallen is unrivalled in Switzerland and German-speaking Europe, and is seen as one of Europe's premium International Business Schools.
  • Small , well-knit batch ( 30 participants) : good bonding/ strong networks, personalized attention!
  • Even though it is a new program, it is very selective (avg GMAT is second only to INSEAD and higher than LBS/HEC/IMD),
  • Truly global: Over 95% international students
  • One year course: the idea of spending two pristine years of my life pursuing an MBA didn't appeal to me.
  • NETWORK: Strong links with industry: has an old boys network with top officials of Swiss and German industries, which throws open several doors of exciting opportunities

Downside: It does not figure in FT/Businessweek rankings. However, this is because although St Gallen was established in 1898 , the MBA course started in 2005 and all renowned rankings consider institutions which have been around for five years or more.

However, the Karriere and Wiwo rankings put it right up at the top of the league! It is also very highly recommended by people in the business spheres

 

Stuart Goes to B-School!

Category: , , By Stuart

Stuart decided it was time to grow up and arm himself for the real world. What better way than to get himself an MBA.

Why MBA? Well what else.. ? how would you describe an intense international learning experience that screws ur weekdays (& weekends) stretches you beyond your capabilities (that means no sleep for the whole year) helps u bond and build networks.. (make ur own gang oops! club lol) and still gives you a feeling that u r having the time of ur life...

So he's counting days to the start of a new exciting (!) one year that'll change (screw?) his life ;)
cheers!