Hult Magazine Issue 5 | Page 4

HULT NEWS TEACHING SOFT SKILLS IN A HARD WAY Hundreds of interviews with CEOs and managers, hours of development, and five key competencies—a sneak preview of the new MBA curriculum for 2014. In 2012, Hult embarked upon an exciting new journey, a journey that would lead to the creation of the world's first MBA designed by business leaders for business leaders. Ever dedicated to ensuring students graduate job-ready, the school decided it was time to ask employers what they really expected from business school graduates. Led by Dr. Mark Fuller (Founder of consulting firm Monitor), the Hult Labs research team conducted interviews with exectuvies at top companies and organizations to find out their views on business education. The results were clear—traditional MBA programs are good at theory but poor on practical experience and interpersonal or ‘soft’ skills. The research identified five key competencies that employers are looking for in future employees: adaptive thinking, communication, relationships, teamwork, and execution. The next step was to design a new version of our MBA curriculum that addressed these failings. The result? A groundbreaking new curriculum that equips students with both the theoretical foundations and soft skills required for success. Modeled on corporate leadership programs at top companies, the curriculum allows students to develop these skills through repeated training sessions, peer coaching, and personal planning. Students will also have the chance to put theory into practice with a series of competitive simulations, applying theory in a safe setting to tackle a range of challenges. This holistic approach in which students are not just 'taught' core competencies, rather are forced to apply them in realistic yet secure settings, and in response to real-life examples, is a major differentiator in the field of business education. The school is both proud and excited about the new curriculum and looking forward to welcoming the first cohort in September 2014 to the MBA program. The new MBA program will culminate in style in Davos, Switzerland, where Hult MBA students from across the globe will converge on the Davos Congress Centre (home to the renowned World Economic Forum) for a week of celebration and final challenges. The event will offer students fantastic opportunities to network with fellow MBA students and hear from some top speakers. Students will be able to look forward to banquets, graduation ceremonies, seminars, and speaker events a-plenty! 4 Employers participating in Hult Labs’ research The results of Hult Labs’ research—the most comprehensive ever conducted—were based on feedback from employers at one hundred of the world's top companies in finance, technology, consulting, and manufacturing. Participants included: ABB Accenture AlixPartners Athenahealth Amgen Bain & Company Banco Sabadell Bank Sarasin Biogen Idec Booz Allen Hamilton Cisco Clorox Cognizant Comcast Croda Danaher Duke Energy Easa Saleh Al Gurg Group Emigrant Bank Ernst &Young Gillette Humana IBM Intermountain Healthcare Keppel Liberty Mutual LIXIL Corporation Microsoft Nasdaq PSA Singapore Robert Half Sembcorp Industries SingTel Sotera Defense Solutions Swissport International Syngenta Tokyo Electron Unilever U.S. Airways