“I am in deep appreciation for these ambitious people who, over the span of two years, managed to combine full time work with evening classes,” stated Claude Meisch, the Grand Duchy’s education minister. “Lifelong learning is crucial and allows Luxembourg and Europe to be competitive worldwide.”
The students came from a variety of backgrounds: bankers, financial services experts, tax advisors, but also marketing professionals and IT specialists. “We even had a pilot and an artist,” noted Antoine Rech, administrative director of the Luxembourg campus. “What makes the programme so interesting and fulfilling is the diversity of the students’ backgrounds and the richness of the knowledge exchange it entails”.
Balance sheets made fun
Graduates said that compared with other MBA programmes the SHU one wins because of its location (hence the possibility to combine work with studying), link to a US university, and the programme’s price. The total basic tuition fee amounts to €25,000 and the majority of students finance their education out of their own pockets. “I wanted to become more attractive on the job market,” explained Gregor Grcar, a graduate who works in the financial sector. “It is an investment that pays off very quickly”.
The return on investment (ROI) starts from day one. “The programme gives you a global perspective and everything that is being taught can be applied to work immediately,” according to Aurélie Maire Hick, who works as a communications expert in the banking sector. “The tasks and assignments force you to step out of your comfort zone, change your ways of working and adapt new thinking patterns”.
She and many others said that they hoped the diploma would advance their career (and salary). But the newly minted alumni stressed the importance of friendships and connections they made through the programme. “Working together on a frustrating task, like preparing a company’s balance sheet, ends up being great fun”, said Hick.
Help your dreams
Pascal Jehanno, an engineer in the metallurgy industry who graduated last year. admitted that before enrolling he kept on wondering why his career had not been progressing. “I felt like [I was] stuck at a good, but not fully satisfactory, position. I haven’t changed my job since, but I already apply many of the skills to my work and see much improvement especially in people management”.
“When you start collaborating with those without an MBA you realise it straightforward as they have a completely unstructured way of working,” reckoned Larissa Liduina Best, who received the “Dean’s Leadership Award”. “After having done one, you get a clear vision, you know what tactics and strategy are; it’s what makes all the difference”.
Hick concluded: “John C. Maxwell said, ‘Dreams don’t work unless you do’. Mine has come true. Thanks to the gained knowledge and network, I feel that now everything is possible”.