What & how you will learn
In our Base Camp around the topics of "Management & Technology", you will deepen your knowledge in the areas of "Finance, Accounting & Economics", "Managing Technologies" and "Strategy & Marketing".
Your key learnings in the area of 'Finance, Accounting & Economics'
You will learn
- to explain the basic aspects of internal and external corporate accounting, to apply them independently in the practical working environment and to use them for business decisions.
- to solve practical financing and valuation problems by applying basic financial principles.
- discuss macroeconomic relationships and current economic policy measures, apply central economic theories and concepts, and analyze the consequences of individual decisions in a market economy context
Your Key Learnings in 'Managing Technologies'
You will learn
- the fundamental aspects of data science and technology management
- to select appropriate methods for data collection, apply suitable estimation procedures, and to analyze the results of a routine sample survey.
- to describe basic concepts of probability and statistics and apply them to analyze simple data sets.
- to assess the impact of big data on and how the analysis of (big and heterogeneous) data can be used in your working environment
- to understand the potential applications of new technologies from a management perspective
- to present new technologies and assess what influence they have on yourwork environment and how they can be used in the respective context.
- to present the basics of innovation processes on a company level, identify and apply important tools, models and methods of innovation management and develop innovation strategies.
Your Key Learnings in the area of "Marketing & Strategy
You will learn
- to discuss the core topics of marketing and consumer behavior and to apply them in practice to specific situations
- to create specific marketing analyses and strategic marketing plans
- to explain the complexity of global business processes in a dynamic and competitive environment.
- to apply knowledge from various business disciplines, both individually and collectively to solve practical problems.
- to learn how to strategically manage internationally operating companies using performance indicators and financial ratios.
Your Key Learnings
You will learn
- to explain the basics of behavior and the role of leadership in organizations.
- to differentiate between different leadership styles.
- to analyze the behavior of employees and teams in organizations as well as of organizations.
- to develop starting points for change initiatives.
- to set clear priorities in your decision-making processes in order to influence your employees.
- to describe group processes and to design them.
- to define the development dynamics of organizations on a structural, processual and cultural level and to influence transformation processes through the methods learned.
In our Supply Chain Management modules of the MBA program presented at Caltech in Los Angeles, California, you will spend two weeks learning about Engineering and R&D, Quality, Finance & Accounting, and the fundamentals of Supply Chain Management.
Core Courses include
- Global Supply Chain Management
- Fundamental Economic Models of Manufacturing and Distribution Enterprises
- Effective Materials Management
- Global Sourcing and Supplier Management
- Advanced Cost Accounting and Management Systems
- Product Data and Engineering Change Management
- Product and Process Quality Management
As a part of this international trek, your learning continues in
- Group dinners with your MBA peers and Caltech instructors
- Lunches at the Athenaeum, Caltech’s faculty club (and former residence of Albert Einstein)
- Visit to the Einstein Papers Project
- Case study working groups
- Evening guest presentations
- Leadership Opportunities in Global Supply Chain Management
- Global Supply Chain Analytics with Big Data
- Systems Engineering and Thinking for Global SCM
- Local factory tours
- Process industries
- Pharmaceutical and nutrient manufacturing
- Caltech campus lectures and laboratory deep dives into robotics, autonomous systems, and technology development
- NASA/Jet Propulsion Laboratory (JPL) tour
- Weekend cultural activities as time permits (e.g., professional sports, theme parks, wine tasting, observatories and planetariums, museums, and galleries)
Optional electives include advanced topic workshops in
- Essentials of Sales and Operations Planning
- Lean Six Sigma
- Lean Methods in Manufacturing Enterprise Management
- Supply Chain Risk Management
- Supplier Process Engineering
You will learn
In your Master's thesis, you will work independently on a problem in a topic area of your own choice, in terms of content and using scientific methods. In most cases, this is a question with practical relevance to your own working environment.
Our program is designed for working professionals and allows you to balance work, family and our MBA program. This allows you to work while developing new business skills, knowledge and competencies.
It runs over 18 months and includes 45 class days. The modules take place in block form mostly from Thursday - Saturday all day. For the specialization, a stay of approximately 2 weeks in Pasadena, California, U.S. is planned. Before and after the modules there will be online sessions for kick-off / briefing and reflection / de-briefing.
All modules are divided into a preparation phase, the in-class time and a follow-up phase.
Includes pre-readings, preparation of case studies, presentations, essays, etc.
Courses use a variety of teaching and learning methods. These range from interactive case studies, simulations and calculations to classic presentations and also include discussions and group dynamic exercises as well as reflections.
The specialization takes place primarily in Pasadena, California (U.S.). Additional benefits include on-site Company Visits, Factory & Lab Tours as well as Guest Lectures and Case Study processing.
This is intended to consolidate or apply what has been learned. The follow-up phase includes the writing of term papers, reflection work or exams or working on case studies.