MSM’s Commitment by Principles

PRME Report 2014

Principles for Responsible ManagementEducation (PRME)

The mission of the Principles for Responsible Management Education (PRME) initiative is to inspire and champion responsible management education, research and thought leadership globally.

Principle 1: Purpose
We will develop the capabilities of students to be future generators of sustainable value for business and society at large and to work for an inclusive and sustainable global economy.

Maastricht School of Management has its roots in the Institute for Management Science at the Technical University in Delft (RVB), dating back to 1952. In 1989, the school moved to the historical city of Maastricht.

Maastricht School of Management is a leading provider of management education with worldwide presence. As a key player in global education, we have more than 2000 students graduating each year in more than 20 countries, making us the largest and most international business school in the Netherlands.

MSM offers the prestigious management degree programs of Master of Business Administration (MBA), Master of Science (MSc), Executive MBA (EMBA), Global Distance MBA (GDMBA), Doctor of Business Administration (DBA) and Doctor of Philosophy (PhD). We also offer a wide range of certificate and diploma based executive programs, including tailor-made programs, for those seeking to improve their knowledge and skills in specific competence areas, such as project management, or to deepen their understanding of specific core management disciplines, such as finance or marketing. Our programs are designed to stimulate creative management thinking, transforming knowledge of management theory into effective business practice.

Most of our students are young professionals and mid-career executives from private companies, universities, governmental organizations and NGO’s. Our graduates return to their respective organizations with greatly enhanced career prospects, as well as an enviable portfolio of global business contacts accessible through our international alumni network.

Our mission is to enhance the management capacity of professionals and organizations in and for emerging economies and developing countries with the objective to substantially contribute to the development of these societies.

In line with our mission, we are involved in management development research and other international projects throughout the world. Students regularly take part in our partnership programs in Azerbaijan, China, Egypt, Germany, Kazakhstan, Kenya, Kuwait, Malawi, Namibia, Peru, Poland, Romania, Suriname, Tanzania, Uganda, Vietnam, Yemen, and Zambia.

Future Initiatives of MSM

- In the near future partnership programs will also be rolled out in India, Poland, Macedonia and Mauretania.

Principle 2: Values
We will incorporate into our academic activities and curricula the values of global social responsibility as portrayed in international initiatives such as the United Nations Global Compact.

The values of (Global) Social Responsibility and Sustainability are integrated in the curricula as part of the management degree programs of Master of Business Administration (MBA), Executive MBA (EMBA), Executive Programs (EP), and our doctoral programs (DBA/PhD). Besides integrating(Global) Social Responsibility and Sustainability in the curricula, MSM also incorporates thesevalues in our research activities as well as by organizing academic activities. A selection of courses, programs and activities will be given below.

Academic Curricula

MBA and MM Programs

Full-Time MBA and MBA and MM Collaborative Global Programs offered by the MEUSE Institute

The global business environment of today needs executives who can recognize global trends and respond successfully to them. The Maastricht School of Management MBA programs raises the standard of management knowledge and practice of managers and mid-career professionals through the study of management theory based on empirical research, all in a multicultural, multidisciplinary setting. Our MBA participants have the opportunity to share their expertise with fellow students and faculty members from all over the world. Thus a unique, stimulating environment is created, in which their knowledge and skills are enhanced both inside and outside the classroom. Our proximity to other major European countries and our global network of partners only adds to our attractiveness as an international management school.

The MBA curriculumconsists of several courses, which emphasize or cover subjects in the field of (Global)Social Responsibility and Sustainability. In particular, a new course completely focused on sustainability has been introduced.

Apart from a full-time MBA program offered in Maastricht, the program is also offered worldwide through The Maastricht-EU Institute for the Study of Emerging Economies (MEUSE-Institute), which is an institute of Maastricht School of Management (MSM). The institute’s mission is to promote sustainable and ethical business, business education and business innovation in emerging and developing economies for inclusive global development, in both the EU and emerging and developing countries. This mission is crucial given the need for better understanding and supporting the evolving nature of business, management and entrepreneurship in emerging and developing economies (henceforth ‘emerging economies’) and how this impacts on the EU. The position of the EU vis-à-vis new rising world powers is highly topical as continued growth and prosperity, in both emerging economies and the EU stand to gain much from new ideas, knowledge and information. The MEUSE-Institute was established in early 2014 by Maastricht School of Management, one of the oldest and most international business schools in the Netherlands, through fusion of its international projects and research departments, and outreach MBA portfolio.

The MEUSE-instituteoffers MBA and MM Collaborative Global Programs with the following selected partner organizations (for DBA, see the separate paragraph below):

Country / Program / Institution
Europe
Germany / EMBA & MM / GISMA Hanover
Macedonia / EMBA / University American College Skopje
Poland / EMBA / WSG University of Economy Bydgoszcz
Romania / EMBA / MSM Romania (MSMRO)
Africa
Egypt / EMBA / Regional IT Institute (RITI)
Middle East
Yemen / EMBA / Center for Business Administration (CBA)
Asia
Azerbaijan / EMBA / Azerbaijan Diplomatic Academy (ADA)
China / IMBA & EMBA / Nanjing University (NJU)
Kazakhstan / EMBA / International Academy of Business (IAB)
Vietnam / EMBA / School of Industrial Management (SIM)
South America
Peru / IMBA / CENTRUM Católica Graduate Business School
Suriname / EMBA / FHR School of Business
Corporate Responsibility and Ethics

Ethics deals with values, norms and standards that we - both individually and collectively - apply to our behaviour and our activities. In a global society the debate about these values, norms and standards is necessary in order to (prosperously) co-exist and contribute to a life worth living. An open dialogue is also - if not predominantly - required for economic arena, where different stakeholders might have different views on the responsibilities of corporations, investors, governments and the civil society. The main objective of the course is to familiarise students with an ethical orientation toward the worlds of business and investment. Using theories, concrete examples, videos, cases and the like, students learn to analyze ethical, corporate responsibility and responsible investment issues. Students are expected to actively participate in discussions and other work forms.

The objectives of this course is to develop the competences of the students to understand,apply and critically evaluate the corporate social responsibility within their organization and sustainable value for a business environment.

Executive Education

Curriculum as part of the “Executive Programs”

MSM also offers different Executive Programs that focus on sustainable management. The Executive Programs are for executives who want to develop their management capabilities to face the challenges of today's global business community more effectively. The Maastricht School of Management Executive Programs are designed to give executives the skills they need to respond to tomorrow's management challenges today. The Executive Programs are designed to be completed within 3 to 12 weeks.

Below is the portfolio of MSM Executive Programs (EP) with focus on sustainability.

1. Managing Sustainable Development (MSD) - 3 weeks certificate based program

Contributing to economic & social development.

This program demonstrates how issues such as poverty, the failure of basic public services and environmental pollution can be successfully managed through a cooperative development approach transcending the traditional boundaries between the public and private sectors and within traditional social networks.

Our experts help executives explore ways to contribute to the sustainable performance of their organization and regional economy, enabling them to gain substantial insight into stakeholder management, corporate social responsibility (CSR), the “greening” of organizations, developing global value chains, and collaboration through partnerships and stakeholder dialogues. The individual action plan executives develop during the program enables them to put their new knowledge and skills into practice in their daily work.

2. Sustainable Tourism Management (STM) - 3 weeks certificate based program

Contributing to sustainable tourism development worldwide. By exchanging views with experts in the field of sustainable tourism development, our STM program provides executives with new insights into the main concepts, best practices and tools necessary to develop sustainable tourism.

We explore how tourism can contribute to local economic development, poverty alleviation and nature conservation. We demonstrate the importance of entrepreneurship, management and marketing in promoting sustainable tourism initiatives, whilst developing their ability to communicate and negotiate with the main stakeholders in the sector.

Part of the program will involve distance-learning/education. Executives are expected to work on a preparatory assignment before coming to Maastricht. Drawing on the knowledge and insights gained during the course, the executives will complete their work by presenting a final assignment at the end of the course.

DBA and PhD Programs

Greater global and regional competition is increasing the pressure on organizations and individuals alike to add value to their services by broadening and deepening their knowledge and understanding. Maastricht School of Management has responded to this need with our Doctoral Programs, each seeking to expose you to inter-disciplinary management problems to help you develop a more global vision and understanding. Both the DBA and PhD programs are characterized by depth through dissertation research and breadth through comprehensive assessments of business functions.

DBA

Our DBA enables you to master concepts and research skills directly related to management. DBA research tends towards a more applied-research orientation and, as such, draws more on practical business administration issues. The DBA emphasizes an interdisciplinary understanding and application of knowledge, which is highly relevant for managing from a global perspective.

PhD

Our PhD Program is conducted as an MSM–University joint Doctoral Program. Among our collaborating partners are Dutch universities such as the University of Maastricht, the Universities of Twente, Wageningen, Eindhoven, Nijmegen and Tilburg. The PhD Degree is conferred by the collaborating university. PhD research is more theoretical and different in purpose to DBA research. Professors from the Maastricht School of Management and the collaborating university jointly supervise participants.

In our ongoing efforts to make high-quality management education accessible to as many individuals as possible, we offer our DBA programs in selective countries in the world. The design of the DBA programs abroad enable you to combine regular employment with your DBA studies.

MSM conducts Collaborative Global DBA programs in:

  • Egypt in cooperation with Regional Information Technology Institute (RITI)
  • Peru in cooperation with CENTRUM Pontificia Universidad Católica Del Perú

ACADEMIC ACTIVITIES

Activities in the field of Corporate Responsibility and Sustainability (Location, Maastricht)

CSR Workshop

The CSR seminar is part of the full-time MBA program in Maastricht, The Netherlands and contains sessions on Responsibility with a number of organizations. The students learn the basics of CSR, corporate codes of conduct, stakeholder engagement, CSR issues and morality and the organization. During the session, several companies elaborate about there attitude en engagement to CSR within their company. The students have the possibility to gain more information about the CSR within several companies and the opportunity to ask critical questions and debate on CSR.

The objective of the CSR workshop is to develop the competences of the students to understand, apply and critically evaluate various attitudes to CSR by organizations.

Future Initiatives of MSM

  • In January 2015 a full CSR (3 credit) course will become regular part of the MBA curriculum (next to the CSR workshop).
  • The Shared Value Action Learning Project (SVALP): In the 2012-2013 academic year we will introduce a Shared Value Action Learning Project, which will be a substitute for the thesis. The project aims to match NGOs and For-Profit-Organizations in CSR projects and seeks to test a methodology for matching NGOs and For-Profits in such a way as to make CSR projects profitable for both the NGO and the For-Profits. At our Romanian partner school students presented their project reports in the summer of 2014. The SVALP experiences are now being evaluated and SVALP projects may also be offered in other locations, such as Azerbaijan.

Principle 3: Method
We will create educational frameworks, materials, processes and environments that enable effective learning experiences for responsible leadership.

To enable effective learning experiences for responsible leadership, MSM providesa diversity of course materials at the MSM Information Center, such like books, cases and articlesbased on (Global) Social Responsibility and Sustainability.

INFORMATION OFFICE

Library and research facilities

A comprehensive library, the MSM Information Office, as well as other learning resources, are available to students and faculty. The Information Office of the Maastricht School of Management is specialized in the fields of Management, Finance, Information Technology, Operations, Environment, Accounting, Marketing and Economics. It contains about 10.000 books. The majority of the journal subscriptions are in electronic format. In addition, there is a growing collection of research papers from students from all MSM programs, theses and cases in electronic format (full-text). Newspapers and dictionaries are provided in hard copy.

An international thesaurus is used to classify the materials.

The Information Office is open 49 hours per week. The opening hours are:

Monday10.00 a.m. to 7.45 p.m.

Tuesday 9.00 a.m. to 7.45 p.m.

Wednesday10.00 a.m. to 7.45 p.m.

Thursday10.00 a.m. to 7.45 p.m.

Friday 9.00 a.m. to 6.00 p.m.

ICT facilities

The ICT-platform in the Information Office is fully equipped with 50 multimedia monitors, internet access and many software applications. Scanning and printing facilities are also available in the Information Office.

Services

The Information Office accepts information requests via mail, fax or email.

Information (books, articles, working papers, etc.) not available in the Information Office can be retrieved from other libraries through the interlibrary loan system. The Information Office is a member of the Dutch interlibrary loan service.

Case studies used for classroom teaching are obtained via The Case Centre. The Information Office is a member of The Case Centre.

The Information Office assists faculty and guest lecturers to obtain relevant lecturers materials through inspection copies requests, providing access to companion websites and maintaining contact with business literature publishers’ representatives on a regular basis.

Furthermore, the Information Office assists in many ways on- as well as off-campus students and faculty, guest lecturers and consultants through individual assistance with research and information retrieval and addressing requests for electronic copies of articles, working papers and other relevant materials and through information literacy instruction.

At the Information Desk participants can buy copy cards (€ 1.20 for 15 copies / € 2.80 for 35 copies).

Acquisitions

Individual faculty members, MSM staff members and students can request the acquisition of new materials (books, journals, papers, cases and more). The Information Office staff discusses the acquisition of materials with the respective departments and based on the budget available. In case the acquisition cannot take place, an alternative (open access) resource will be made available.

Inter library loan (ILL)

MSM’s Information Office is a member of the Dutch Inter Library Loan system. This service is only available to registered students, staff. Through ILL one can borrow books and obtain articles from other libraries in the Netherlands. But most of the relevant information is available in electronic format via databases in the Information Office portal.

Scholarly publications MSM staff

The MSM Information Office plays a central role in collecting bibliographic details and the dissemination of these details of scholarly publications by MSM faculty, adjunct faculty and staff.

In collaboration with the MSM faculty, it is decided to use the APA-style for this purpose. Students will also be encouraged to use the APA-style for the bibliography in order to complete assignments, papers and theses.

Library resources and retrieval

The Information Office is equipped with the cataloguing software V-Smart and V-link.

V-Smart, a web-based Integrated Library System (ILS), enjoys the benefits of a browser-based environment. The system incorporates all standard modules including circulation, cataloguing, acquisitions, serials and reporting. Through a visually appealing and customizable interface, the Web OPAC (Online Public Access Catalogue) offers convenient access to all system functions.

This software is installed on the network, which enables users to search through the collection from their own workstation as well as from the Information Office portal.

V-smart can be quickly deployed and easily maintained, which means there is more time for (individual) assistance to and services for library users.

With V-link, the Information Office offers a structured interface to search and access a variety of information resources and retrieve truly relevant search results. Users enjoy seamless access to a range of information resources such as journals, videos, books, audio etc. V-link is integrated in the Web OPAC search results. Users can select a search result in the Web OPAC and then click on the V-link icon. A separate interface opens, enabling users to continue their search in library-defined resources. These resources may include subscription databases, search engines, etc.