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QTEM Master Network in Quantitative Techniques for Economics and Management 1 The QTEM team is grateful to the Bernheim Foundation for its crucial contribution to the QTEM project
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2 QTEM Who?Which students are eligible QTEM? What?Content and learning experience Why?Opportunities How?Application & Selection Deadlines & Further information
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WHO? WHO CAN APPLY FOR QTEM? 3
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Which students are eligible for QTEM? The QTEM master is accessible to students Who are in the third year of the following bachelor programmes at BI: Business (Sivøk) Finance Who will enroll in: The Master of Science in Business majors Finance or Economics Who pass a competitive selection procedure GPA of at least B GMAT Interview 4
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WHAT IS QTEM? Values 5 International Partnership Business and Policy Relevance Academic Excellence
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What is QTEM? A Network Master in Quantitative Techniques for Economics and Management A network master program of an expanding number of top Schools in Economics and Management Currently 8 Academic partners Each school brings in max. 4 Corporate Partners The QTEM master will educate and provide future decision makers −Highly skilled with analytical and quantitative techniques −Experienced through concrete business and policy challenges −Comfortable in international settings 6
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BI’s Corporate Partners 7
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QTEM quantitative modules 8 QTEM Modules International Economics and Regulation IT and People Management Marketing And Distribution Analytics Quantitative Finance and Risk Management Quantitative Techniques and Big DataStrategy, Innovation and Entrepreneurship * Sources: existing functional practices at consulting firms; existing specializations or programs at Business and Economics Schools (the list of modules can evolve over time) Modules to be decided January 2014 QTEM relies exclusively on existing courses at the Academic Partners A QTEM Participant will be considered "specialized" in a QTEM module when he reaches 20 ECTS of courses belonging to that module across 2 QTEM semesters In this case, the QTEM module will appear on the final QTEM Certificate
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Program overview MA1 S1 at HOME 5 mandatory courses: 30 ECTS MA1 S2 at Academic Partner 1 Quantitative courses (QTEM Elective Module) Min 30 ECTS MA2 S1 at Academic Partner 2 Quantitative courses (QTEM Elective Module) Min 30 ECTS MA2 S2 at HOME Master Thesis: 30 ECTS Business Ethics: 6 ECTS Min 126 ECTS + 2 months internship at least
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WHY QTEM? OPPORTUNITIES 10
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WHY - Opportunities of the QTEM Knowledge: – Program of top quality: the most relevant courses from the best schools – Attractive specializations opportunities through QTEM Elective Modules – Quantitative and analytical skills in high demand among attractive employers Network: – International experience: 2 terms abroad at 2 different Academic Partners (one per year) – Corporate exposure through the internship & Master thesis and exclusive access to BI’s and possibly Host Universities’ Corporate Partners – Future growing network of Academic Partners, Corporate Partners and Alumni – Expected Financial Times ranking within 4 years 11
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Opportunities of the QTEM Career & reputation: – Privileged access to attractive jobs in multinationals and public institutions, in an international context Thanks to: – Quantitative skills dedicated to decision making in corporations and public institutions – Internship experience – Master thesis achievement – Personal network acquired – Privileged links with BI’s and Host Universities’ Corporate Partners – QTEM CV database 12
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HOW? INTERNSHIP APPLICATION & SELECTION 13
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Internship The internship (equivalent to at least 2 months) – Can be from the QTEM Corporate Partners’ network or any other international corporation – this is the QTEM Participant’s own initiative. (Norwegian companies with international profiles are also relevant – subject to prior approval of the QTEM team) – Final report to be delivered to QTEM Team at BI – Timing at the discretion of each QTEM Participant (during or after the 2 years of the master with at least 2 consecutive weeks) BI’s Corporate Partners are: – Accenture – Aker Solutions – The Boston Consulting Group 14
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QTEM admission and recruitment process This year, BI QTEM Participants are limited to 15 - 20 Application deadline BI: March 1st Students apply for first exchange and rank schools in order of preference Students are ranked based on their GPA, GMAT and an interview All QTEM students compete with students from the other schools and only the best students are guaranteed their first preferences 15
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QTEM selection criteria Bachelor grades (with a special focus on quantitative courses) At least GPA of B with no grade lower than B for relevant Quantitative courses Level of English Extra-curricular activities Motivation GMAT – GMAT score of 650 strongly recommended – Test taken within the last 3 years – Deadline: the School must receive your official GMAT score APRIL 1st 16
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GMAT The GMAT test has 4 steps: 1.Schedule to take the GMAT Test – Appointment on the website (www.mba.com)www.mba.com – Price approx. 250 USD – Make your appointment as early as possible in order to meet the April 1 st deadline 2.Prepare yourself – GMAT course organised at BI – Books, internet, … 17
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GMAT course at BI Six days, intensive course January: 3,4,5 and 10,11,12 Course fee 1200 USD Selected QTEM candidates will get the course fee refunded 18
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GMAT 3.Take the test – Analytical written assessment + integrated reasoning + quantitative section + verbal section – Duration ≈ 3 hours, 30 min – Assessment center in Drammen – Select BI school code (0529) upon completion of the test 4.Improve your score if you want – GMAT score of 650 strongly recommended – Test taken within the last 3 years are accepted by QTEM – You can take the GMAT once every 31 calendar days and no more than five times in a 12-month period Plan and prepare your GMAT!! 19
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5. Key deadlines/dates Dec. 1GMAT course registration deadline 3,4,5/10,11,12 GMAT course at BI Jan 2014 March 1 2014Application deadline April 1 2014Last date for receiving the GMAT score May 25 2014Nomination and ranking list based on GMAT to be sent to QTEM May 31 2014QTEM selected candidates and first destination to be announced Aug. 2014Start of the academic year Jan/Feb. 2015First Exchange February 2016Second destination to be announced 20
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5. Further information At the QTEM website you will have access to: – Course catalogue at each Academic Partner – Academic Partner description – QTEM Corporate Partners – Student FAQ – QTEM leaflet For further information, contact Ellen.Tobiasson@bi.no at BI’s International Office or check @BIEllen.Tobiasson@bi.no 21
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22 Your ticket to a global network www.QTEM.org
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