4 th Edition Global MBA in Impact Entrepreneurship Accra, Ghana 1 st October 2016 30 th September 2017
Table of Contents Welcome message..3 MBA in Impact Entrepreneurship.4 Highlights of the E4impact MBA...5 MBA Program Structure..6 Calendar..7 Candidate Profile and Career Prospects.8 Some of E4impact Champions..9 E4impact Networking Events 10 MBA Application Process.11 Universities Profile 13 About E4impact..15 2
Welcome message The E4impact MBA in Impact Entrepreneurship aims at creating a concrete answer to one of Ghana s most pressing needs: employment and job creation. The program has been designed with a unique formula that combines the academic features of an MBA in Entrepreneurship with actionable business tools and networking opportunities for investments. The aim is to offer participants a chance to keep developing their Social Businesses while understanding the keys to grow them and increase their positive impact on the society. The program is structured on a part-time formula to enable participants to keep track of their businesses while attending the course. Distance learning materials and tools have been developed to allow participants to effectively pursue the MBA. A team of local and international mentors and coaches support participants in every step they take to start up and grow their businesses. This highly qualified international faculty represents a crucial element for the success of the MBA. However, the real plus for participating is to become part of a system that: Supports you in the fine tuning of your business idea; Helps you in defining courageous goals, in developing your team building skills, in combining strategic imagination and financial discipline; Facilitates access to financing for the implementation and sustainable growth of your business; Creates stable links with a network of Ghanaian and international entrepreneurs At the end of the Program, there will be a ceremony where participants will present their business plans to a panel of international entrepreneurs and investors. Links will be created, funds will be raised and ideas will be launched. JOIN US, BECOME A SOCIAL ENTREPRENEUR AND BE PART OF THE CHANGE! Mario Molteni E4Impact CEO and Professor of Corporate Strategy Università Cattolica del Sacro Cuore of Milan, Italy The E4impact MBA in Impact Entrepreneurship is being organized by ALTIS - Graduate School Business & Society of Università Cattolica del Sacro Cuore, Italy in collaboration with the Catholic Institute of Business Technology (CIBT). The MBA Program opens doors for participants in terms of career prospects and the startup of new business opportunities. I wish to congratulate each of you for the courage and your passion for social transformation and assure Prof you that you will enjoy every minute of your time here at CIBT. We invite you to join us at CIBT and we look forward to welcoming each of you to this life transforming Program. Very Rev. Msgr. Jonathan T. A. Ankrah President of Catholic Institute of Business Technology JCD., MA., MA., PhD 3
Global MBA in Impact Entrepreneurship The Executive E4impact MBA in Impact Entrepreneurship trains both active and aspiring entrepreneurs in the start-up and/or scaling of their businesses. It supports participants in: transforming a business idea into a business plan developing the business tools and skills necessary to manage a new venture creating partnerships with investors, suppliers and customers. The MBA program is structured as a training camp where each course directly responds to the concrete needs that arise in the start-up or scaling of a small business. The Executive MBA in Impact Entrepreneurship comprises of a unique and flexible blend of class lessons, distance learning, and coaching to help MBA participants to apply what they learn to their business while keep on doing business and work: Three (3) Intensive weeks of full time classroom and networking sessions; Six (6) Long Weekends of full time classroom; Eight (8) Distance Learning Sessions. Where and When Catholic Institute of Business and Technology (CIBT), P.O. Box GP 765, Accra, Ghana 4 th Edition: 1 st October 2016 30 th September 2017 It is offered in partnership with local universities and confers a degree from Università Cattolica del Sacro Cuore of Milan, Italy. Formula 4
Highlights of the E4impact MBA Business Coach Each participant of the MBA is accompanied by a Business Coach, a full time consultant who supports him/her in developing their business plan and in establishing relationships with mentors, partners, suppliers, customers and investors. Action oriented training The MBA is not an academic exercise, but applied learning where students are guided in verifying the feasibility of their business idea and in drafting an investor ready business plan. Relations with investors Students are introduced into an entrepreneurial ecosystem that supports them prior to, during and after the launch of their impact venture. Local context and global perspective The program is taught by both local and international faculty. Executive Formula The blending of classroom and on-line training allows participants to attend the program while continuing their current job or business. European Degree The Executive MBA in Impact Entrepreneurship awards a Master Degree from the Università Cattolica del Sacro Cuore (Italy). Mentorship MBA participants receive experienced guidance through regular contact with successful local and international business people. The MBA is the first non-american Program to receive the Ashoka Innovation Award from the Ashoka Foundation. Ashoka is a global organization that identifies and invests in leading social entrepreneurs - individuals with innovative and practical ideas for solving social problems. 5
MBA Program Structure The MBA courses are divided into two main categories: Business Courses: aimed at developing, testing and validating the business model and at acquiring specific managerial knowledge. Business Courses entail both business assignments and traditional examinations; Business Labs: aimed at providing hands-on business management and development experience, at acquiring personal business skills, writing the business plan and developing relations with investors. Business Labs don t entail traditional examinations. Business Courses Business Strategy Financial Planning 1/2/3 Social Impact Measurement Entrepreneurial Finance Business Model Design Basic Accounting Human Resource Management Market Analysis Entrepreneurial Marketing Project & Operations Management Business Ethics Business Law Business Labs Business Model in Progress Creativity Meet Successful Entrepreneurs Sales & Negotiation Leadership Company Governance Business Planning & Communication BLENDED FORMULA The training methods for MBA courses consist of: Classroom training by lecturers from ALTIS - Università Cattolica del Sacro Cuore di Milano, Italy and Catholic Institute of Business & Technology; Integrated courses taught partly on line and in the classroom by lecturers from all partner institutions The distance learning portion of Integrated courses is made available on Università Cattolica s e-learning platform. FINAL ASSESSMENT AND QUALIFICATION The course includes discussion and final presentation of the business plan which will be assessed by an examination board. Attendance is compulsory and it is a condition for obtaining the University s Master s Degree. The minimum attendance required in order to receive the Degree is 90% of scheduled teaching hours. All those who complete the course and passes required examinations are awarded the Master s degree in Impact Entrepreneurship by Università Cattolica del Sacro Cuore (Milan), Italy. 6
MBA Calendar Initial Boot Integrated Middle Boot Integrated Final Boot Graduation Camp Courses Camp Courses Camp Ceremony Oct 1-8, 2016 Oct 16 April 17 April 2-8, 2017 April 17 August 17 Sept 24-30, 2017 September 2017 Coaching & Mentoring Structuring the Business Model Business Model Business Plan Refinement Get out of the Building! Testing the Business Model Business Plan Networking with investors Business Idea Competition Business Model Competition Business Plan Responsible Management 7
Candidate Profile Career Prospects You have a strong idea for a new business venture and need to figure out how to start it; You are starting a new business and seeking for a seed capital; You are already in an established business and searching for growth capital to scale it up; You are already running a fast growing business and need to harness its full potential; You are an entrepreneur looking to branch out and replicate your business abroad. The MBA Staff handle the class in such a way that participants are given the chance to work together and mutually benefit from one another s knowledge. The start-up of a new business: Launch a new business venture that addresses a pressing social or environmental need; The start-up of a not-for-profit activity: Bring innovation and managerial efficiency to the creation of new not-for-profit activities; The development of an existing business or not-for-profit: Receive the training, guidance and contacts aimed at achieving economic stability and growth; The opening of a social franchise : replicate successful international business models in your country. 8
Some of E4impact Champions 9
E4impact Networking Events Throughout the program, MBA participants work with, and are exposed to investors. This ongoing interaction is the occasion for participants to become familiar with investors requirements and for investors to understand participants attitude and ideas. This allows participants to develop their business ideas based on investors expectation and to create a trustful relationship. With this aim the MBA organize a series of events with partners, investors and donors. Business Plan Competition At the end of the Final Boot Camp, MBA participants refine a full-fledged business plan and prepare a pitch for investors. They present their pitch to a panel of local and international investors with aim to rise investments and start or scale up their businesses. Business Idea Competition In advance to the Initial Boot Camp, all MBA candidates participate in the Business Idea Competition where they present their business ideas to a panel of investors who judge the economic viability and socialenvironmental impact. This is the occasion for participants to link up with investors and start developing a trustful relationship. Business Model Competition At the end of the Middle Boot Camp, MBA participants take part in the Business Model Competition, where they present their business models to investors in order to show them the actual improvement on the initial business idea. This is the occasion for participants to convince investors that their business can fly. 10
MBA Application Process Admission Requirements Candidates must be strongly oriented to being an entrepreneur. Specifically, prospective applicants must have: feasible business idea (start-up or existing, profit or nonprofit) with strong social/environmental impact; A three-year University degree; English Proficiency; Computer and internet literacy; Regular access to IT resources. Candidates with GMAT or GRE test would receive added consideration in the selection process. Candidates with no Bachelor Degree but extensive business experience and a strong business idea, may be admitted to the MBA under exceptional circumstance. In such a case, the participant will not be awarded the Degree, but a certificate of attendance that under no circumstance will it be considered an academic degree. Steps For The Application Process All candidates who wish to apply for the MBA must follow a two-step processes: Selection phase, aimed at identifying and evaluating eligible candidates Administrative admission process, aimed at completing the administrative procedure. Step 1 - Selection phase Applicants are required to produce the following documents: a) Application Form (to be completed on-line at http://www.cibtghana.net or at the MBA office at the Catholic Institute of business and Technology of Accra) b) Curriculum vitae c) Business idea (2-3 pages) describing the characteristics of a new business or the development of an existing one. Business summaries should include: Business idea or concept; Social mission; Target customers; Target market and size; Competitors and barriers to overcome; Competitive advantage; Estimated social/environmental/economic impact and; Essay entitled: Why my personal profile suits my business project. d) Letter of reference (minimum 1) either academic or professional. e) GMAT or GRE certificate (not mandatory). f) Copy of Transcript of grades and Bachelor Degree Certificate. All documents must be written in English and forwarded to: The MBA Program Manager, Catholic Institute of Business and Technology (CIBT), P. O. Box GP 765 - Accra Ghana. 11
When The deadline for the submission of applications is 1 st August 2016 Acceptance Qualified candidates will be contacted for an interview and, once accepted, will be asked to send a written statement confirming their candidacy. Admitted participants are required to pay an entrance fee of Euro 200 as official confirmation of participation, which would be deducted from the MBA s campus fee, and go on with the second step of the Application Process. Step 2 - Administrative Admission process Successful applicants will also be required to complete the second step of the application process. Selected Applicants will be required to submit the following documents: a) Official matriculation request (downloadable at http://www.unicatt.it/ immatricolazioni/master); b) Two passport-size photos; c) Copy of passport or Voter s ID or National Identity Card; d) Dichiarazione di Valore *. When Participants admitted to the 4th edition of the MBA will deliver the above mentioned documents to The MBA Program Manager by 1st October 2016. Campus Fees and Scholarship Policy The campus fee for the MBA is Euro 4000. Scholarships will be available to admitted students during the Business idea competition. The MBA staff is willing to develop individualized payment plans. For more information on payment plans, please contact us at: Catholic Institute of Business and Technology (CIBT) P. O. Box GP 765 - Accra, Ghana Tel: +233-(0)575534432E-Mail: graduateschool@cibtghana.net website: www.cibtghana.net * Dichiarazione di Valore is a certificate issued by the Italian Embassies (or Consulates) that authenticates a foreign degree certificate. To obtain the Dichiarazione di Valore the Applicant must apply to the Italian Embassy (or Consulate) of the country/region where the Applicant completed his/her university studies and provide them with a notarized translation of the diploma in the Italian language. In some countries, obtaining the Dichiarazione di Valore may take up to two months or longer. The Universit Cattolica s Masters Division can assist the applicants in their effort to obtain the Dichiarazione di Valore. 12
Universities Profile Università Cattolica del Sacro Cuore of Milan Founded in 1921, Università Cattolica del Sacro Cuore - UCSC is the largest private institution of higher learning in Europe. UCSC, with 42,000 students and 12 Faculties, is an academic community whose purpose is to contribute to the development of specialized studies, scientific research, and to the preparation of young adults for work, service in research and teaching, and careers in the public and private sectors. It achieves these goals by offering a superior academic education inspired by the basic principles of Christian Social Doctrine. ALTIS Graduate School Business & Society of Università Cattolica del Sacro Cuore The mission of ALTIS is to promote Entrepreneurship and Management for Sustainable Development. Through its teaching, research and consulting, ALTIS transmits those business skills and strategies that enhance a company s economic, social and environmental performance. ALTIS conducts international research and offers a broad portfolio of education and consulting services to companies, non-profit organizations and the public administration. ALTIS has become an international point of reference for the development of Impact Entrepreneurship. In Africa, Asia and Latin America, through the E4impact project, the Graduate School trains entrepreneurs and mobilizes investors and institutions in order to start-up and replicate businesses with positive social and environmental impact. 13
Catholic Institute of Business and Technology The Catholic Institute of Business and Technology (CIBT) is a Catholicbased co- educational institution accredited by the National Accreditation Board (NAB) of Ghana on July 17, 2008 to operate as a fully-fledged University college: CIBT is affiliated to the University of Ghana, Legon. CIBT is a leading tertiary institution, a place of excellence, devoted to providing an intellectual, moral and social environment that responds to the needs of a diverse and rapidly transforming society. 14
About E4impact E4impact is an initiative of ALTIS, Graduate School Business and Society at Università Cattolica del Sacro Cuore (Italy), that become a Foundation in 2015. It aims at to enhance the sustainable development of fast growing economies by favoring the formation of impact entrepreneurs and the growth of their businesses. To achieve its goal the Foundation, in collaboration with Università Cattolica and a local university from the host country, offers the Global MBA in Impact Entrepreneurship. The MBA is a unique executive program that guides active and aspiring entrepreneurs to start or scale their business, giving them simultaneously an academic and business acceleration experience. Mission The leading Pan-African university alliance to train and coach a new generation of impact entrepreneurs Goals Train a new generation of entrepreneurs capable of combining economic success with social impact Support the formation within local universities of faculty and staff capable of teaching, managing and delivering a unique, results oriented entrepreneurship program Facilitate the international development of European and African companies attentive to social and environmental impact Foster an international alliance of mission driven universities, incubators, accelerators, and investment funds Core Values We do not teach entrepreneurship. We train impact entrepreneurs
Memberships ALTIS is a member of the European Academy of Business in Society is signatory to the Principles for Responsible Management Education, an initiative of the UN Global Compact a full member of the European Foundation for Management Development CONTACT US E4Impact Foundation ALTIS - Graduate School Business and Society Università Cattolica del Sacro Cuore Email: info@e4impact.org altis.unicatt.it/eng The MBA Program Manager Catholic Institute of Business and Technology (CIBT) P. O. Box GP 765 - Accra, Ghana Tel: +233-(0)575534432E Mail: graduateschool@cibtghana.net Website: www.cibtghana.net Visit our website www.e4impact.org