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Asian Institute of Management, Philippines
WHY AIM?
The Asian Institute of Management is unique in manifold ways:
• AIM pushes Asia-relevant content and context. Students come to AIM because of the Institutes four decades of experience in imparting and enhancing knowledge and skills on how to operate effectively in Asia, what business opportunities are presented by Asian regional economic integration, and how to develop sensitivity to the diverse cultures/belief systems, business structures, as well as governance and regulatory environment in Asia.
• AIM uses practitioner-oriented delivery methods. From inception, AIM has been committed to a practitioner-oriented approach to management education.
- AIM employs highly participative, interactive methods of management training rather than one-way lectures. AIM makes rigorous use of the case method, field projects, and group projects. These effectively simulate real world versus merely theoretical situations.
- AIM's faculty have had extensive teaching, consulting and management experience in Asia;
• AIM offers a multicultural, international experience. While many other regional Asian programs are homogeneous within the country, AIM's student population is multinational. Under the International Student Exchange Program (ISEP), students can widen their horizons and spend a term in one of AIM's premier partner business schools in Asia, Australia, Europe, and the Americas.
- An appreciation of the distinct cultural heritage of Asia is strongly encouraged at AIM. AIM's International Board of Governors consists of acknowledged international business and development leaders representing 17 countries.
• AIM has a strong Placement program. The Career Management Services (CMS) Office has a wide contact network of national and multinational offshore company recruiters in Asia, Europe, the Americas, and the Middle East. Last year AIM's MBAs received offers at a rate of 126% from multinational companies, with highly competitive compensation packages.
• AIM has an influential alumni network. AIM has one of the largest and strategically positioned alumni networks in the region, with more than 34,000 alumni, including numerous leaders and managers from the private, public, academic and multi-lateral sectors. These alumni are committed to AIM's excellence and offer students job and counseling opportunities.
• AIM has strong ties to business, academe, and government. It has active partnerships with regional partners in the region such as the World Bank, ADB, and CIDA; it is a founding member of top-ranked business schools in the AAPBS. It has active research, consulting, and student mentoring arrangements with more than 100 corporations.
Mission
We are committed toward making a difference in sustaining the growth of Asian societies by developing professional, entrepreneurial, and socially responsible leaders and managers.
Pursuant to this Mission:
We will offer leading-edge management programs
and use learning technologies that are
responsive to our diverse markets.
We will promote practitioner-oriented research
that will elevate our management programs
to higher levels of excellence.
We will attract and develop an international faculty
of distinctive competence, and
highly skilled and trained staff
who will ensure the delivery of quality services.
We will nurture and sustain a culture that rewards
professionalism, creativity and excellence.
W.SYCIP GRADUATE SCHOOL OF BUSINESS
MASTER IN BUSINESS ADMINISTRATION
(MBA 16)
AIM offers the only MBA program in the Philippines and one of the select few in Southeast Asia to be accredited by both the EFMD and AACSB. Global in scope yet Asian in context, the program maintains a strong core curriculum, an integrative and generalist manager viewpoint, practitioner-oriented teaching tools and methodologies, and a pervading Asian vision.
CORE FOUNDATION (8 MONTHS)
FINISHING (8 MONTHS)
I. Skills Acquisition
An AIM-MBA student stands to gain crucial advantage in three major areas: skills building, accountability, and networking.
a. A solid foundation in the management disciplines would enable them to make decisions with confidence. They will undergo rigorous skills formation in finance, operations, marketing, human resource management, environmental analysis, and strategy the essentials of effective management in any setting.
b. With such skills comes accountability, or a commitmnt to ethical behavior, respect for the environment, and professionalism as applied not only to corporate value chains but also to other societal stakeholders. The students will be exposed to Asian management systems and CSR, and be familiar with institutional, cultural and social nuances of the region.
c. Complementing skills and accountability will be networking. Students will be linked through AIM's international corporate and public sector partners, distinguished alumni network, and key players in the region.
II. Program Content
Because of AIM's preference for the case method, students must process at least three cases and the accompanying readings each day, five days a week, full-time, for almost 16 months.
The 1st eight months
In the first 8 months, students learn 9 basic functional management areas: Managerial Accounting and Control, Macro and Micro Economics, Marketing, Finance, Operations, Quantitative Analysis, Enterprise Development, Communications, and Strategic Management and Ethics.
Students develop skills in the classic business functions, acquire understanding of how people behave in organizations, and build communication skills. They develop critical entrepreneurial, strategic and ethical thinking. Most importantly, they get immersed in the complexities of the different Asian markets
A tradition kept alive since 1968 is the Friday night WAC: students must do an overnight, rigorous analysis of case exercise three out of every four weeks for at least five months. This is to sharpen their skills at communication and working under intense time pressure.
To hone entrepreneurial skills, students undergo continuous exercises in opportunity seeking and innovating in the core course Development of Enterprise (DE). Entrepreneurship is taught as a complement to strategy management not only to stimulate students to explore new external ventures, but also to think about entrepreneurship.
Before the MBA 16 starts, students go through a two-week pre-MBA technical training in accounting and statistics. Students with liberal arts backgrounds or who have little experience in field accounting are strongly urged to attend. As the MBA 16 progresses, alumni and senior class experts conduct evening tutorials on technical knowledge areas, though students are not required to attend these sessions. Students also go on group field projects, games and simulations.
The 2nd eight months
In months 9 through 16 (see Figure 2 and Table 1), the specialization phase, MBA students must complete three major tasks: a two-month action consultancy (AC), a six-unit MRR, and electives. In the AC or internship, students do a two-month, live consultancy exercise with an Asian company. AIM helps students connect to these companies. The AC marks the start of external networking, which extends to the MRR, placement activities, and adjunct faculty electives.
The MRR, a major integrative paper requiring the student to do extensive external enviro-industry analysis, as well as an actual company strategic review, is equivalent to a thesis/dissertation of other masters programs. Like theses, students must defend their MRR in front of a faculty panel. The MRR may be a corporate strategy of an existing company or venture/feasibility study.
TABLE 1
MBA Electives
ENTREPRENEURSHIP
1 Establishing and Running a Venture Enterprise (ERVE)
2 New Product and Service Development (NPDS)
3 Social Entrepreneurship (SE)
4 Managing Family Corporations (FAMCOR) - Mini electives(10 sessions)
MARKETING
1 Creative Marketing and Selling (CMS)
2 Understanding Consumer Behavior (UCB)
3 Direct Response / Relationship Marketing (DRRM)
4 Marketing and Finance Creating Synergy (MFCS)
5 Retail Management (RM)
6 Advanced Topics in Marketing Research
7 Product Plus & Service Marketing
8 Marketing and Sales Force Management
9 Corporate Finance
FINANCE
1 Advanced Corporate Finance (ACF) - Mini electives (10 sessions)
2 Banking with the Poor (BWP)
3 Business Economics (BE) - Mini electives (10 sessions)
4 Portfolio Management and Professional Standards (PMPS)
5 Investment Banking and Structured Finance Analytics (IBSFA) - Mini electives (10 sessions)
6 Mergers and Acquisitions Analytics (MAA)- Mini electives (10 sessions)
7 CFA Review
8 Islamic Finance
9 Structured Finance & Capital Markets
INTERDISCIPLINARY ELECTIVES
1 Negotiations, Analyses and Practices (NAP)
2 Self-Mastery, Arts and Spirituality (SMARTS)
3 Real Property and Management Development (RPMD)
4 Systems Thinking (ST)
5 Islamic Management Study Tour
The following are the options offered in the second phase of the MBA.
a. MBA Majors: Students may opt for the general management track or major in one of three areas: Finance, Marketing, and Entrepreneurship. Students MMRRs should correspond to the fields they are majoring. For example, a marketing major MRR must have an actual market research component and detailed product plan. An entrepreneurship major must do either a venture feasibility or live product demonstration. Finance majors must also pass Chartered Financial Analyst (CFA) Level 1 exam, or acquire Financial Risk Management (FRM) qualifications.
b. Study Tours: Students can enroll in a study tour cum elective that will take them on a journey to various parts of Asia. In the Islamic Management Study Tour, students go to Malaysia or Indonesia for a weeklong immersion into Malaysian institutions and interactions with Muslim managers and management students.
c. Business Plan Competition: Students with entrepreneurial ideas can participate in the Robert V. Chandran $100,000 business plan competition, which rewards the best student plans with a $100,000 angel investment. Robert Chandran is an AIM MBA 1977 alumnus and the founder of Chemoil Corporation, a US- and Singapore-listed corporation.
d. Student Exchange: Students in the top 40% of the class at the end of the core season are qualified to spend a semester in one of the 35 partner schools in AIM's International Student Exchange Program (ISEP). These schools are located in North America, Asia, Europe, Australia, and Latin America.
e. International Business Games: Students can join the Asian Moot Competition and other international business games that invite AIM such as those of L'Oreal, Thunderbird, and the IIM systems.
Fees/Financial Aid >>
Scholarships
The Asian Development Bank (ADB) provides a limited number of scholarships to qualified applicants each year in the MBA, MM, MDM, and MESODEV programs. ADB scholarship application forms are available at the AIM Admissions Office or can be downloaded from the ADB website Asian Development Bank (ADB) - Fighting Poverty in Asia and the Pacific - ADB.org.
For the MBA program, ADB chooses a scholar each from four (4) ADB-member countries per year; for the MM, a scholar each from four (4) ADB-member countries per year; for the MDM, a scholar each from 10 ADB-member countries per year; and for MESODEV, one (1) scholar.
Other forms of financial assistance are available.
W. SyCip Full Scholarships are awarded to the top 5% of the incoming class and covers the cost of full program fee. W. SyCip Partial Scholarships are awarded to the next 5% of the incoming class and covers 25% to 50% of the full program fee.
How to qualify
The evaluation of ADB scholarship applicants will start only after they have been accepted in their chosen programs. The AIM scholarships committee prepares a shortlist of candidates, which is then forwarded to the ADB for final screening and selection. An ADB scholar must be below 35 years old, works with a PO/NGO, has not earned any masteral degree, and must be from an ADB member country.
W. SyCip Full Scholarships are awarded to the top 5% of the incoming class and covers the cost of full program fee. W. SyCip Partial Scholarships are awarded to the next 5% of the incoming class and covers 25% to 50% of the full program fee.
AIM – SSS Student Loans
Maximum loanable amounts
• MBA I only 70% of program fee
• MBA II only 70% of program fee
• MBA I and II 60% of first year, 50% of second year or average of 55% of total program fees
• MM 70% of program fee
Loan Conditions and Requisites
• Student-borrower and/or his parent(s)/spouse must be SSS members
• Monthly amortizations are at 9% p.a., starting three months from graduation, for a period ranging from three to five years. Amortizations are secured by PDC’s
• Two co-makers (sureties) whose monthly salary is at least four times the monthly loan amortization
• Latest monthly salary of student-borrower is at least twice the monthly loan amortization.
WHY AIM?
The Asian Institute of Management is unique in manifold ways:
• AIM pushes Asia-relevant content and context. Students come to AIM because of the Institutes four decades of experience in imparting and enhancing knowledge and skills on how to operate effectively in Asia, what business opportunities are presented by Asian regional economic integration, and how to develop sensitivity to the diverse cultures/belief systems, business structures, as well as governance and regulatory environment in Asia.
• AIM uses practitioner-oriented delivery methods. From inception, AIM has been committed to a practitioner-oriented approach to management education.
- AIM employs highly participative, interactive methods of management training rather than one-way lectures. AIM makes rigorous use of the case method, field projects, and group projects. These effectively simulate real world versus merely theoretical situations.
- AIM's faculty have had extensive teaching, consulting and management experience in Asia;
• AIM offers a multicultural, international experience. While many other regional Asian programs are homogeneous within the country, AIM's student population is multinational. Under the International Student Exchange Program (ISEP), students can widen their horizons and spend a term in one of AIM's premier partner business schools in Asia, Australia, Europe, and the Americas.
- An appreciation of the distinct cultural heritage of Asia is strongly encouraged at AIM. AIM's International Board of Governors consists of acknowledged international business and development leaders representing 17 countries.
• AIM has a strong Placement program. The Career Management Services (CMS) Office has a wide contact network of national and multinational offshore company recruiters in Asia, Europe, the Americas, and the Middle East. Last year AIM's MBAs received offers at a rate of 126% from multinational companies, with highly competitive compensation packages.
• AIM has an influential alumni network. AIM has one of the largest and strategically positioned alumni networks in the region, with more than 34,000 alumni, including numerous leaders and managers from the private, public, academic and multi-lateral sectors. These alumni are committed to AIM's excellence and offer students job and counseling opportunities.
• AIM has strong ties to business, academe, and government. It has active partnerships with regional partners in the region such as the World Bank, ADB, and CIDA; it is a founding member of top-ranked business schools in the AAPBS. It has active research, consulting, and student mentoring arrangements with more than 100 corporations.
Mission
We are committed toward making a difference in sustaining the growth of Asian societies by developing professional, entrepreneurial, and socially responsible leaders and managers.
Pursuant to this Mission:
We will offer leading-edge management programs
and use learning technologies that are
responsive to our diverse markets.
We will promote practitioner-oriented research
that will elevate our management programs
to higher levels of excellence.
We will attract and develop an international faculty
of distinctive competence, and
highly skilled and trained staff
who will ensure the delivery of quality services.
We will nurture and sustain a culture that rewards
professionalism, creativity and excellence.
W.SYCIP GRADUATE SCHOOL OF BUSINESS
MASTER IN BUSINESS ADMINISTRATION
(MBA 16)
AIM offers the only MBA program in the Philippines and one of the select few in Southeast Asia to be accredited by both the EFMD and AACSB. Global in scope yet Asian in context, the program maintains a strong core curriculum, an integrative and generalist manager viewpoint, practitioner-oriented teaching tools and methodologies, and a pervading Asian vision.
CORE FOUNDATION (8 MONTHS)
FINISHING (8 MONTHS)
I. Skills Acquisition
An AIM-MBA student stands to gain crucial advantage in three major areas: skills building, accountability, and networking.
a. A solid foundation in the management disciplines would enable them to make decisions with confidence. They will undergo rigorous skills formation in finance, operations, marketing, human resource management, environmental analysis, and strategy the essentials of effective management in any setting.
b. With such skills comes accountability, or a commitmnt to ethical behavior, respect for the environment, and professionalism as applied not only to corporate value chains but also to other societal stakeholders. The students will be exposed to Asian management systems and CSR, and be familiar with institutional, cultural and social nuances of the region.
c. Complementing skills and accountability will be networking. Students will be linked through AIM's international corporate and public sector partners, distinguished alumni network, and key players in the region.
II. Program Content
Because of AIM's preference for the case method, students must process at least three cases and the accompanying readings each day, five days a week, full-time, for almost 16 months.
The 1st eight months
In the first 8 months, students learn 9 basic functional management areas: Managerial Accounting and Control, Macro and Micro Economics, Marketing, Finance, Operations, Quantitative Analysis, Enterprise Development, Communications, and Strategic Management and Ethics.
Students develop skills in the classic business functions, acquire understanding of how people behave in organizations, and build communication skills. They develop critical entrepreneurial, strategic and ethical thinking. Most importantly, they get immersed in the complexities of the different Asian markets
A tradition kept alive since 1968 is the Friday night WAC: students must do an overnight, rigorous analysis of case exercise three out of every four weeks for at least five months. This is to sharpen their skills at communication and working under intense time pressure.
To hone entrepreneurial skills, students undergo continuous exercises in opportunity seeking and innovating in the core course Development of Enterprise (DE). Entrepreneurship is taught as a complement to strategy management not only to stimulate students to explore new external ventures, but also to think about entrepreneurship.
Before the MBA 16 starts, students go through a two-week pre-MBA technical training in accounting and statistics. Students with liberal arts backgrounds or who have little experience in field accounting are strongly urged to attend. As the MBA 16 progresses, alumni and senior class experts conduct evening tutorials on technical knowledge areas, though students are not required to attend these sessions. Students also go on group field projects, games and simulations.
The 2nd eight months
In months 9 through 16 (see Figure 2 and Table 1), the specialization phase, MBA students must complete three major tasks: a two-month action consultancy (AC), a six-unit MRR, and electives. In the AC or internship, students do a two-month, live consultancy exercise with an Asian company. AIM helps students connect to these companies. The AC marks the start of external networking, which extends to the MRR, placement activities, and adjunct faculty electives.
The MRR, a major integrative paper requiring the student to do extensive external enviro-industry analysis, as well as an actual company strategic review, is equivalent to a thesis/dissertation of other masters programs. Like theses, students must defend their MRR in front of a faculty panel. The MRR may be a corporate strategy of an existing company or venture/feasibility study.
TABLE 1
MBA Electives
ENTREPRENEURSHIP
1 Establishing and Running a Venture Enterprise (ERVE)
2 New Product and Service Development (NPDS)
3 Social Entrepreneurship (SE)
4 Managing Family Corporations (FAMCOR) - Mini electives(10 sessions)
MARKETING
1 Creative Marketing and Selling (CMS)
2 Understanding Consumer Behavior (UCB)
3 Direct Response / Relationship Marketing (DRRM)
4 Marketing and Finance Creating Synergy (MFCS)
5 Retail Management (RM)
6 Advanced Topics in Marketing Research
7 Product Plus & Service Marketing
8 Marketing and Sales Force Management
9 Corporate Finance
FINANCE
1 Advanced Corporate Finance (ACF) - Mini electives (10 sessions)
2 Banking with the Poor (BWP)
3 Business Economics (BE) - Mini electives (10 sessions)
4 Portfolio Management and Professional Standards (PMPS)
5 Investment Banking and Structured Finance Analytics (IBSFA) - Mini electives (10 sessions)
6 Mergers and Acquisitions Analytics (MAA)- Mini electives (10 sessions)
7 CFA Review
8 Islamic Finance
9 Structured Finance & Capital Markets
INTERDISCIPLINARY ELECTIVES
1 Negotiations, Analyses and Practices (NAP)
2 Self-Mastery, Arts and Spirituality (SMARTS)
3 Real Property and Management Development (RPMD)
4 Systems Thinking (ST)
5 Islamic Management Study Tour
The following are the options offered in the second phase of the MBA.
a. MBA Majors: Students may opt for the general management track or major in one of three areas: Finance, Marketing, and Entrepreneurship. Students MMRRs should correspond to the fields they are majoring. For example, a marketing major MRR must have an actual market research component and detailed product plan. An entrepreneurship major must do either a venture feasibility or live product demonstration. Finance majors must also pass Chartered Financial Analyst (CFA) Level 1 exam, or acquire Financial Risk Management (FRM) qualifications.
b. Study Tours: Students can enroll in a study tour cum elective that will take them on a journey to various parts of Asia. In the Islamic Management Study Tour, students go to Malaysia or Indonesia for a weeklong immersion into Malaysian institutions and interactions with Muslim managers and management students.
c. Business Plan Competition: Students with entrepreneurial ideas can participate in the Robert V. Chandran $100,000 business plan competition, which rewards the best student plans with a $100,000 angel investment. Robert Chandran is an AIM MBA 1977 alumnus and the founder of Chemoil Corporation, a US- and Singapore-listed corporation.
d. Student Exchange: Students in the top 40% of the class at the end of the core season are qualified to spend a semester in one of the 35 partner schools in AIM's International Student Exchange Program (ISEP). These schools are located in North America, Asia, Europe, Australia, and Latin America.
e. International Business Games: Students can join the Asian Moot Competition and other international business games that invite AIM such as those of L'Oreal, Thunderbird, and the IIM systems.
Fees/Financial Aid >>
Scholarships
The Asian Development Bank (ADB) provides a limited number of scholarships to qualified applicants each year in the MBA, MM, MDM, and MESODEV programs. ADB scholarship application forms are available at the AIM Admissions Office or can be downloaded from the ADB website Asian Development Bank (ADB) - Fighting Poverty in Asia and the Pacific - ADB.org.
For the MBA program, ADB chooses a scholar each from four (4) ADB-member countries per year; for the MM, a scholar each from four (4) ADB-member countries per year; for the MDM, a scholar each from 10 ADB-member countries per year; and for MESODEV, one (1) scholar.
Other forms of financial assistance are available.
W. SyCip Full Scholarships are awarded to the top 5% of the incoming class and covers the cost of full program fee. W. SyCip Partial Scholarships are awarded to the next 5% of the incoming class and covers 25% to 50% of the full program fee.
How to qualify
The evaluation of ADB scholarship applicants will start only after they have been accepted in their chosen programs. The AIM scholarships committee prepares a shortlist of candidates, which is then forwarded to the ADB for final screening and selection. An ADB scholar must be below 35 years old, works with a PO/NGO, has not earned any masteral degree, and must be from an ADB member country.
W. SyCip Full Scholarships are awarded to the top 5% of the incoming class and covers the cost of full program fee. W. SyCip Partial Scholarships are awarded to the next 5% of the incoming class and covers 25% to 50% of the full program fee.
AIM – SSS Student Loans
Maximum loanable amounts
• MBA I only 70% of program fee
• MBA II only 70% of program fee
• MBA I and II 60% of first year, 50% of second year or average of 55% of total program fees
• MM 70% of program fee
Loan Conditions and Requisites
• Student-borrower and/or his parent(s)/spouse must be SSS members
• Monthly amortizations are at 9% p.a., starting three months from graduation, for a period ranging from three to five years. Amortizations are secured by PDC’s
• Two co-makers (sureties) whose monthly salary is at least four times the monthly loan amortization
• Latest monthly salary of student-borrower is at least twice the monthly loan amortization.