With Japan stuck in a recession, the country needs visionary leaders who can create a more dynamic society. One institution has that lofty goal as its mission: GLOBIS. Founded in 1992 by President and Dean Yoshito Hori – whose key words were “people,” “knowledge” and “capital” – GLOBIS is now the largest management educational institution in Japan, educating more than 7,000 students each year.
The Graduate School of Management, GLOBIS University was established in 2006 and last year, a part-time International MBA program, taught entirely in English, was launched. In addition, each year, GLOBIS delivers corporate training programs to over 250 companies, including Toyota Motor Corporation.
There are three rounds of admission for the IMBA program. Anyone may apply during the September, November and January rounds. Tuition is 2.826 million yen (plus a 22,000 yen entrance fee). Admission requirements are three years of work experience, a university degree (or equivalent) and English proficiency. The program length is about two years with classes taught on weekday evenings and on weekends.
Japan Today editor Chris Betros visit the GLOBIS University campus in Tokyo’s Kojimachi area to hear more from Deputy Dean Tomoya Nakamura who got his MBA from Harvard.
What do you think is the advantage of having an MBA?
If you do an MBA, within one or two years, you will understand management in a comprehensive way. An MBA also helps you develop leadership ability.
In a recession, do you see more people wanting to get an MBA?
Yes, a recession is a good time to get a higher degree, especially if you are having difficulty with your job search. By doing an MBA, you can broaden your knowledge, find out more about yourself in terms of career goals and it helps you think about what you want to do in your life.
What is GLOBIS’ background?
GLOBIS was founded in 1992 by our president and dean, Yoshito Hori, after he got his MBA at Harvard. Therefore, GLOBIS itself is an entrepreneurial firm. We started out as a corporation but one arm of GLOBIS became an educational corporation in 2006. Currently, we run the business school, we do corporate training, publishing and we have one of the most successful venture capital funds (GLOBIS Capital Partners) in Japan.
What is the image of GLOBIS in Japan?
We sold more than one million copies of GLOBIS MBA Series, management textbooks from Diamond Inc; therefore, a lot of people associate us with MBA knowledge. We have about 7,000 students a year in our non-degree and degree programs. Our students are also well known as very high-energy people with passion, which tend to be strong selling points for GLOBIS.
GLOBIS University’s MBA Program started in 2006. In the four years since then, our student body has expanded fourfold. In a survey in 2008 and 2009 by Nikkei HR magazine, we were ranked No. 1 in student satisfaction. So it is a very proven and practical program.
Tell us about the programs you offer.
Currently we have more than 7,000 students at our campuses in Tokyo, Osaka and Nagoya. Most of them are in GLOBIS Management School and in GLOBIS Executive School, which is our non-degree program in Japanese. They can take one or more courses of their interest. Then we have the MBA program, which consists of a Japanese program and an English program. In 2009, we have 223 students in our MBA program. Ages range from people in their early 30s to 40s.
How popular is the English program?
We started our English program in 2009. About 80% of the students were Japanese. In 2010, more than 50% of our students are international/non-Japanese.
What is the required level of English proficiency for an IMBA applicant?
The English level for students is a TOIEC level of 750, but most of the students are about 900 level.
What will the new term courses starting in April emphasize?
We are opening courses such as critical thinking, finance, quantitative analysis of business, business planning, venture management and entrepreneurial leadership. The ultimate goal of our program is to build visionary leaders, so all courses place a strong emphasis on entrepreneurship.
Who are your faculty?
Most of our faculty are businessmen and businesswomen who ran companies, who work in investment banks and who do management consulting. We also have many foreign lecturers living in Tokyo. President Hori continues to teach classes and I do, too.
One thing that is common among all faculty is that we believe people can broaden their horizons with a personal mission. Not only do we ask students to study, but we ask them to push themselves.
How do you market GLOBIS?
We try to sell the GLOBIS entrepreneurial story, with ads in newspapers such as Nikkei, and we do some advertising online. We are selling innovation and creation, so word of mouth effect is very strong. Students recommend our program to their friends and relatives.
How much time is involved in the MBA program?
Courses are taught on weekday evenings and on weekends over a two-year period. Students take three courses per term, which means nine hours in two weeks. The program itself starts every April. However, we do have a flexible pre-MBA system which allows students to start in January, April, July and October.
How do you monitor students’ progress?
We have an administration office that closely looks at each student’s participation and progress. Every six months or so, students get together with faculty to discuss their experiences.
What is the main thing that students wish to know before they start an MBA with you?
They want to know what kind of two years we offer them, what change they will experience while at school and when they graduate. And of course, they are interested in what they can learn.
What is a typical day for you?
I show up around 9:30. Sometimes, I help to prepare corporate training programs and curriculum development. Other times, I go out on sales. I teach leadership courses in the MBA programs at nights. I’m here on Saturdays and Sundays as well.
What do you enjoy most about teaching?
I remember the substantial changes that took place in my life when I went through my MBA. Therefore, I would like to help students develop their skills and achieve their goals.
For more information, visit http://imba.globis.ac.jp