The QTEM ProjectA new Network Master in

Quantitative Techniques for Economics and Management

1The QTEM team is grateful to the Bernheim Foundation for its crucial contribution to the QTEM project

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Outline

1. Who? Which students can access QTEM?

2. What? Content and learning experience

3. Why? Opportunities

4. How? Application & Selection

5. Deadlines & Further information

1. WHO?WHICH STUDENTS CAN ACCESS QTEM?

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1. Which students can access 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

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2. WHAT IS QTEM?2A. QTEM NETWORK - COMMON RULES2B. QTEM FOR BI PARTICIPANTS

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2A. QTEM Values

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International Partnership

Business and Policy Relevance

Academic Excellence

2A. What is QTEM? A new Network Master in Quantitative Techniques for Economics and Management

• A network program in partnership with top Schools of Economics and Management

• 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

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2A. Top Schools of Economics & Management• The Network is growing and additional Academic

Partners are expected soon

• Each academic partner brings in 4 corporate partners to the network

• QTEM Academic Partners are prestigious and have a very high overall score on the following dimensions:

– Best programs in Business & Economics, with top rankings and accreditations

– Availability of both Economics and Management tracks

– Quantitative orientation in courses offered

– Quality of the international network

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2A. QTEM master structureMA1 S1 MA1 S2 MA2 S1 MA2 S2

Graduation and

certification

Core courses Management Economics

Quantitative courses

Master thesis

Company internship

Home 30 ECTS

QTEM exchange #2 Min. 30 ECTS

Home 30 ECTS

QTEM International

Certificate

Min. 2 months

Home 6 ECTS

QTEM exchange #1 Min. 30 ECTS

Home Master Degree

(Jun-Sept)

*

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2A. 16 analytical functions* = 16 QTEM quantitative modules

QTEM Modules1. Business Intelligence 9. Marketing and Sales

2. Controlling & Accounting 10. Microeconomics, Contract & Auction Theory

3. Entrepreneurship 11. Policy-Making, Regulation and Pricing

4. Finance - Actuarial Sciences 12. Quantitative Techniques & Tools

5. Finance - Banking and Management of Financial Institutions

13. Risk Management

6. Finance - Corporate Finance 14. Strategy ; Industrial Organization; Applied Game Theory

7. Finance - Financial Markets and Derivatives 15. Supply Chain, Operations and Logistics Management8. Macroeconomic Models and Forecasting, Computational Economics

16. Tax Management and International Optimization Strategies

* Sources: existing functional practices at consulting firms; existing specializations or programs at Business and Economics Schools (the list of modules can evolve over time)

• 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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2A. Internships & Master thesis

• The internship (at least 2 months) – In a top international company from the QTEM Corporate Partners’ network or

any international corporation at the QTEM Participant’s initiative (subject to prior approval of the QTEM team)

– Final report to be delivered to QTEM Team– Timing at the discretion of each QTEM Participant (during or after the 2 years of

the master with at least 2 consecutive weeks)

• The Master thesis– Following the rules of the home institution (BI)– Supervised by the home institution

2. WHAT IS QTEM?2A. QTEM NETWORK - COMMON RULES2B. QTEM FOR BI PARTICIPANTS

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2B. QTEM- BI studentsProgram overview

MA1 S1 atHOME 5 mandatory courses: 30 ECTS

MA1 S2 atAcademic Partner 1

Quantitative courses (QTEM Elective Module)

Min 30 ECTS

MA2 S1 atAcademic Partner 2

Quantitative courses (QTEM Elective Module)

Min 30 ECTS

MA2 S2 atHOME

Master Thesis: 30 ECTSBusiness Ethics: 6 ECTS

Min 126 ECTS

+ 2 monthsinternship at least

3.WHY QTEM?

OPPORTUNITIES

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3. Opportunities of the QTEM (1/2)

• 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– Future growing network of Academic Partners, Corporate Partners and

Alumni– Expected Financial Times ranking within 4 years

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3. Opportunities of the QTEM (2/2)

• 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 multinational Corporates and Institutions

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4.HOW?

INTERNSHIPAPPLICATION & SELECTION

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4. Internship

• The internship (at least 2 months) – In a top international company from the QTEM Corporate Partners’

network or any international corporation at the QTEM Participant’s initiative (subject to prior approval of the QTEM team)

– Final report to be delivered to QTEM Team– Timing at the discretion of each QTEM Participant (during or after the

2 years of the master with at least 2 consecutive weeks)

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4. QTEM access and recruitment process• This year, BI QTEM Participants are limited to 15• Students apply for both exchanges and rank schools

in order of preference• Students are ranked based on their GPA, GMAT and an

interview• The five best BI students are guaranteed their first

preferences• The other students compete with students from the

other schools and might not get their first preferences

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4. QTEM selection criteria

• Bachelor grades (with a special focus on quantitative courses)• At least B

• 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 by 1 March

2013

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4. GMAT (1/4)

The GMAT test has 4 steps:

1. Schedule a GMAT appointment– Appointment on the website (www.mba.com)– Price approx. 250 USD– Make your appointment as early as possible in order to meet the March

1 deadline

2. Prepare yourself– GMAT course organised at BI– Books, internet, …

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4. GMAT course at BI (2/4)

• Six days, intensive course• January 4,5,6; 11,12,13.• Free of Charge for pre-selected QTEM candidates

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4. GMAT (3/4)

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– Preferred minimum GMAT score is 650– 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!!

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4. GMAT (4/4)

• Why should you pass the GMAT test?– To have access to QTEM but also to …– … more than 5,000 programs (MBA & Masters) offered by more than 1,900

schools in 82 countries where the GMAT® is part of the selection criteria – To challenge yourself

• Why do we ask the GMAT test?– To identify and recruit high-potential analytically-skilled QTEM Participants– To give a signal (program reputation) to

• Corporate Partners• Partner Universities• The “Club” of QTEM Participants (including future alumni network…)

– To provide an internationally-comparable and globally-recognized standard

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5. DEADLINES & FURTHER INFORMATION

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5. Key deadlines/dates

• 10 Dec. 2012 QTEM applicants submit their pre application to BI International Office (eligibility for GMAT course)

• 4,5,6/11,12,13 GMAT course at BIJan 2012

• 1 Feb. 2012 Final application with preferred destinations

• 1 Mar. 2013 QTEM selected candidates ensure that BI receives their official GMAT results• 1 – 15 Mar. 2013 Interview and final ranking of candidates

• 31 Mar. 2013 QTEM selected candidates and their destinations are announced • Aug. 2013 Start of the academic year

• Jan/Feb. 2014 First Exchange

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5. Further information

• The website will be online soon, you will have access to: – Course catalogue at each Academic Partner– Academic Partner description– Student FAQ– QTEM leaflet

• For further information, contact Ellen.Tobiasson@bi.no at BI’s International Office or check @BI

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The QTEM team thanks you for your attention …

… and is grateful to the Bernheim Foundation for its strong support of the QTEM project

Bruno VAN POTTELSBERGHEMichele CINCERALaurent GHEERAERTTamara SCHULLER Eleonor DE GARCIA DE LA VEGA