About MBA

The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 500,000 people in virtually every community in the country. Headquartered in Washington, D.C., MBA invests in communities across the nation by ensuring the continued strength of the nation’s residential and commercial real estate markets; expanding homeownership and extending access to affordable housing to all Americans and supporting financial literacy efforts.

Make no mistake about it; we are an organization dedicated to helping our members do their business. We actively advocate for our members, and have done so for nearly a century. We have seen the real estate finance industry evolve into one of the strongest and most sophisticated of global markets.

We promote fair and ethical lending practices and foster professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. We have over 3,000 member companies, including all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, life insurance companies and others in the mortgage lending field.

We provide up-to-the minute news and information to our members so they are better able to meet the needs of their customers. We host a variety of conferences and meetings that provide our members with the strategic tools, industry trends and resources they need to advance their business.

Our investment in America’s communities includes the time, service and hard work of mortgage bankers in virtually every aspect of real estate finance, in every community. We are the Mortgage Bankers Association

The Executive MBA

What is an Executive MBA programmed?

An Executive MBA programmed provide an chance for experiences professionals to obtain a master’s degree in Business Administration on a schedule that minimizes disruption of work and personal pursuits. Such programmers include a cohort class structure that offers a lockstep, planned curriculum in an executive setting. In other words, members of each class begin the programmed at the same point, move through the curriculum together, and typically complete the degree requirements for graduation as a group. Executive MBA (EMBA) students are required to complete their degrees in two years or less. During that period, they gain a wide range of new skills and sharpen their analytical abilities by combining coursework with day-to-day professional experience.

A unique aspect of an EMBA programmed is the collective professional experience of its participants, which greatly enriches the educational environment. A team approach is often used to allow for the sharing of diverse perspectives on various topics; this interaction results in a challenging, stimulating learning experience that provides for maximum return on time and resources invested. EMBA students possess several years of significant, post-baccalaureate career experience. Most students are sponsored both financially and through release time by their employing organizations, and all continue to work full-time while enrolled in the programmed. To ensure optimum benefits to participants and the sponsoring organizations, class size and class structure facilitate close interaction between faculty and participants.

Can I afford executive MBA programmed?

Obtaining an MBA degree is an investment – an investment in learning and in a person’s career and future. The high quality of faculty, facilities and support staff necessary to provide a successful EMBA programmed dictates that such programmers include an asset by the participant’s sponsoring organization. Programmed costs are modest in comparison to the benefits yielded. In the majority of cases, students are sponsored fully, or in part, by their employers. Employers understand the spirited advantage they gain from having an employee whose management skills have been brought to the highest possible level. Students who are not sponsored by their companies often qualify for loans, scholarships, and/or other financial aid.

How could an managerial MBA degree impact my career?

An MBA degree reflects a sophisticated level of knowledge and skills concerning a wide range of contemporary management topics. It also implies a well-developed understanding of strategic thinking and planning in a globally competitive world. Professionally, an MBA provides the skills needed to gain additional management responsibility. For the entrepreneur, the knowledge gained in earning an MBA can make the difference between success and failure in highly competitive environment.

What is different about an executive MBA programmed curriculum?

Courses offered in an EMBA programmed are normally the same as those taught in traditional MBA programs – accounting, finance, statistics, management, marketing and information systems. However, EMBA courses are enhanced by the extensive professional experience of the participants and are uniquely structured to teach a maximum amount of course material in an accelerated timetable. In addition, senior faculty experienced in teaching and consulting are employed as principal instructors. Once all coursework is satisfactorily completed, a Master of Business Administration (MBA) degree or equivalent is awarded.

Who participates in executive MBA programmers?

A diverse group of professionals enter and complete EMBA programmers. What they share is a sincere desire to grow professionally by obtaining an MBA degree, and a willingness and ability to meet program time and course requirements. A number of factors are considered in selecting candidates for an EMBA programmed. In most cases, each applicant is evaluated on his or her own professional performance, academic records, GMAT scores, professional recommendations, and a demonstrated ability to accomplish graduate-level industry coursework. Most EMBA students enter a programmed with ten or more years of professional and/or managerial experience. An undergraduate degree is generally required, although it need not be a degree in business. Evaluation of students for admission to an EMBA programmed is a very individualized process. While test scores, grade point averages and other objective criteria are all considered, a prospective student’s backdrop, work experience, career goals, desire to succeed and numerous other factors are considered in making an admission decision.

What type of time commitment is involved?

EMBA students find themselves exhilarated to be back in the classroom among their professional and intellectual peers, where they can share the challenge of learning new methods and means for managing the business of doing business. Success in professional life demands a extensive and regular time commitment, and it is no different in an EMBA programmed. Over the course of the programmed, at least 15-20 hours every week should be allotted for some combination of classroom work, computer and research efforts, and course coursework. Added to the already heavy demands of a business career, the time involved in pursuing an MBA is considerable and requires a high level of motivation and commitment. The burden is eased by the support of other students and by the assistance of the EMBA programmed staff.

The Benefits of an MBA?

The MBA is a challenging study program for the following reasons:

1 There is a great deal of interesting material to soak up

2 An intense study format and

3 An experienced and international body of aggravated MBA students

The MBA Studies format is challenging whether you choose full time or part time. A solid training to each class session and class participation is strategically important as amazing amount of material is covered during each day. Teaching sessions are extremely interactive; the diversified work experience and creativity are highly valued during in-class discussions. Professional and active attitude are expected as well within teamwork sessions. For the same reasons the MBA Programme is hands-on and well in touch with the real business world. All these add to the value and quality of the Programme. And this is why it is important to try to grab the experience others are offering; equally crucial is to forward your work experience to others. Your time spent at an MBA School will become your competitive advantage strategically and in financial terms, sooner or later.

For the duration of the MBA Studies you and your colleagues form bonds that will most most likely stay forever, the outcome being, on top of everything else: “speaking the same language”. This network will be fruitful throughout your working life and beyond, and often you will find your colleagues from the least expected corners of the world.

I must confess that I have only been able to fully appreciate the advantages of my MBA Studies years after my graduation; after various jobs and positions held I could fully put into practice what I had learned. I also often received help and given a helping hand to many of my MBA ex-colleagues.

Your incentive is the professional business environment, the speed with which you absorb new things, and the creativity surrounding you. If you choose the innovative school that follows the needs of the market with respect to effective business operations (for example e-commerce, telecommunications), you will learn even more and really feel at the top of the technological developments.

Anyway, what you really learn during your MBA studies is time management and prioritizing. What you should know already before coming to study an MBA, is that quality is strategically important in business life and beyond.

The MBA Jobs and Careers

An MBA can generate all kinds of new career opportunities for you. Read about some MBA career paths and meet a number of recent MBA grads through “Day in the Life” profiles.

Marketing Careers
There are an huge amount of career opportunities and options for people with marketing MBAs. The most common are business positions such as marketing manager, brand manager, market research analyst, and new product manager. Persons with strong financial skills could seek a career in strategic or market related planning. Additional corporate positions such as sales manager, advertising manager, PR (public relations) director, and marketing communications manager are also common.

In marketing or advertising agencies, numerous opportunities exist in advertising, direct marketing, and communications specialization. Consulting firms also hire marketing MBAs as new market developers, strategists, and customer segmentation specialists.

Product management careers as well as brand management careers classically require that an applicant have an MBA, even at the entry level. However, some companies that focus intensively on sales promote these positions internally from highly successful sales legislature.

Product and Brand Managers
The product manager is completely responsible for the profitability and market growth of a product line. The product manager could be considered the CEO of a particular product. They typically coordinate and oversee a number of diverse divisions of a corporation to ensure the efficient and timely flow of a creation to market. While some product managers have international responsibilities, most product management positions focus on product and market development domestically. Product managers often will see encouragement to director or manager of a group of products or even to the position of VP of marketing.

Marketing Managers
The marketing managers responsibilities are similar to those of the product manager, but are focused on servicing and managing an ongoing relationship with existing customers. The marketing manager utilize skills in international marketing, client satisfaction and retention, market strategy, and emerging technologies. This position can be highly demanding and require intensive knowledge of market research and customer management.

Account Management Specialists
While it is not often requisite, having an MBA can be very beneficial in obtaining a position in account management roles. The account manager is responsible for a large number of the functions of a product manager, but on the advertising agency side of things.

Finance and Accounting Careers

Accounting or financial managers are the people responsible for supervision and maintaining the financial policy and history of a company. The accounting manager is paying attention more on financial reporting, while the financial manager is focused on strategy and money management. Finance has been one of the more popular choices for MBA focus or concentration.

A finance MBA can offer frequent possibilities and can be an effective tool to help with promotions in the professions discussed below. Most prospective jobs for finance MBAs fall within investment banks, corporations, and securities firms. Many finance MBA graduates also follow careers in the consulting industry.

Accounting Managers
Accounting managers working in a corporate setting perform responsibilities relating to tax reporting and management, and creating income statements inside of controller and audit groups. This career path may bring one to the positions of corporate treasurer, corporate controller, or CFO (chief finance officer). Professional accountants working for a public accounting company will perform functions similar to those performed by sovereign audit or tax consultants. An educational history or background based in accounting, either as a Masters degree or as a finance MBA, will give you some of the coursework you need to have in order to take the CPA (Certified Public Accountant) exam.

Financial Managers or Financial Analysts
Financial analysts and managers use historical (accounting) data in their decision making, however the number one role of the financial manager is to oversee the production of financial analysis and reports to help the company with decision making, business development, strategic planning, and alliance management. Through the use of these reports, the financial analyst helps to shape the companies investment and business growth. Cash management strategies developed and implemented by the financial analyst help the company to grow efficiently and allow for maximum profitability in its investments.
Financial analysts and mangers play an important part in mergers and global financing and expansion. Highly specialized knowledge in these areas is an important asset to the financial manager and his or her employer to maximize potential profit and reduce risk. Many companies utilize globally active consulting firms exclusively for these purposes.

Corporate Controllers
A controller is someone who is in charge of preparing a companies financial reports to forecast and sum-up the companies financial situation. The statements a controller would get together consist of balance sheets, income statements, earnings analyses, and expense analyses. Regulatory agencies may also require special reports from companies. Controllers arrange these reports. In addition, a controller will frequently be over the budget, auditing, and accounting departments of a company.

Guideline of Studies MBA

MBA program at the TU Munich imparts to its students the ability to recognize, solve and analyze economic
and business-related problems using scientific methods. Independent scientific working habits are promoted
with project studies and a final thesis. In these studies, the theoretical and practice-oriented transmission of
management knowledge into an international context gains particular importance. The goal is to meet all the
requirements and qualifications that prepare for a leading position in the business world.
1. Prerequisites for admission
The research study MBA-program requires either a baccalaureate, diploma or masters degree from a German
scientific university, or a diploma / masters degree (final grade has to be at least a “B”) from a technical college.
The acquired degree has to be either in the following fields of studies
agricultural science - computer science
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architecture - mechanical engineering
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structural engineering - mathematics
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biology - finance- and economic mathematics
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brewery and beverage technology - technological mathematics
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chemistry -physics
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chemical engineering - technology and bio-technology of food
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electrical engineering and information technology - surveying
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geology
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or from a comparable field of studies.
The examination board decides about the eligibility of the fields of studies as well as about the equivalence of a
foreign baccalaureate, diploma and masters degrees.
Current chairman of the examination board:
Prof. Dr. jur. Christoph Ann, LL.M (Duke)
Lehrstuhl für Wirtschaftsrecht und Geistiges Eigentum
Arcisstraße 21
80333 München
Tel. 089 / 289 – 28662
E-Mail: Christoph.ann@jura.wi.tum.de
The aptitude evaluation process determines the admission to the program. A description of this process is
available in the advisory offices beginning on May 15th of each year. Besides submitting the application form to
the matriculation office on time, candidates must apply for the aptitude evaluation process (see also information
brochure Aptitude Evaluation Process). Only those applicants who successfully pass the qualification as well as
the aptitude evaluation will be admitted.
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2. Begin of Studies, Registration
The research studies start during the winter semester.
The registration for the MBA takes place directly at the Technical University Munich. The registration forms can
be requested beginning on May 15th of each year from the following address:
Immatrikulationsamt der
Technischen Universität München
Zentralabteilung 1
Arcisstr. 21
80333 München
Phone: +49 89-289-22244
Registration date for the MBA application is July 15th of each year.
This date must be strictly adhered to; late applications will not be considered. The diploma from the previous
degree studies must be delivered no later than the matriculation date (usually just before the beginning of
lectures).
3. Organization and Course of MBA
The MBA-program is a full-time study. The regular study time totals 4 semesters. The lectures are primarily
conducted in the German language.
1st Semester 2nd Semester 3rd Semester 4th Semester
Core Instructions Management Methods
c a s e s tu d ie s
Electives
Project Studies Master’s Thesis
3.1 Core Instructions of Law and Economics:
The core instructions will prepare the student for the in-depth study of the research work during the main course
of studies.
Contents:
fundamental principles of general business administration
-
methods of business economics
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fundamental principles of specific business administration
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fundamental principles of economics
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fundamental principles of jurisprudence
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3.2 Management Methods:
The management methods deepen the fundamental principles of the core instructions and are to be selected
and combined by each student. The following categories are offered:
- accounting and auditing - marketing and sales management
- controlling - personnel management
- service management - production management
- purchase management - project management
- finance management - quality management
- management and organization - company evaluation
- information- and communications management - business management
- innovations- and technology management - business start-up
- international management - company cooperation and mergers
- investment management - business planning
- communication competence - operation and methods of company controlling
- logistics - knowledge management
3.3 Electives
The electives support and intensify the specific subjects and are offered in the form of lectures, progress
reports, tutorials and seminars. Each student must choose two of the following electives:
- Industrial and Organizational Psychology of International Business Relations
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Socio-technical Systems Logistics
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- Accounting - Auditing – Consulting Management of Technical Companies
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- Service Management Planning and Design of Production Companies
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- Geography Business Law
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- Real Estate Economy Politics of Business and Finance
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- Information, Organization and Management
3.4 Project Studies
The project studies require active participation in a research or praxis project.
3.5 Master’s Thesis
The master’s thesis is a free scientific paper that has to be written within six months.
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3.6 Performance Evaluation
Grades and performance points are awarded for single examinations and academic performances. The diploma
exam is successfully concluded with the collection of 100 credit points. The maximum of 100 credit points is
compiled as follows:
fundamental principles of law and economic sciences 20 credit points
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management methods 16 credit points
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electives (according to own main focus either in the fundamental principles 12 credit points
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of law and economic science and / or in management methods)
elective I 12 credit points
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elective II 12 credit points
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project studies 10 credit points
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master’s thesis 10 credit points
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defense of master’s thesis 8 credit points
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100 credit points
Generally, it is possible to collect credit points at foreign universities. The examination board decides about their
individual approval.
4. Completion of Course of Studies (degrees)
Master of Science (Industrial and Agricultural Engineering)
Master of Science (Industrial and Biological Engineering)
Master of Science (Industrial and Chemical Engineering)
Master of Science (Industrial and Geological Engineering)
Master of Science (Industrial Engineering)
Master of Science (Industrial and Computer Sciences)
Master of Science (Industrial and Mathematics Sciences)
Master of Science (Industrial and Physics Engineering)
5. Statutory Basis
The following statutes (in their current versions) are the legal basis for the MBA-program of the TU Munich:
Course Study Regulations for the MBA
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Regulations regarding the professional examinations for the MBA
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General Regulations for Academic Certification (ADPO)
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Decisions of the examination board
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6. Internships
Internships are possible but have to be organized by the students themselves.
7. Tuition Fees
Apart from the usual student administration fee for the MBA-program no other tuition fees are demanded.
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8. Further Information
Internet:
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General, long term-important information:
http://www.mba.tu-muenchen.de
Current information:
http://portal.mba.tum.de
study guide:
-
http://www.mba.tu-muenchen.de/detframe.htm
Study council for MBA:
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Dipl.-Ing., Dipl.-Wirtsch.-Ing. Elisabeth Sachers
Lehrstuhl für Betriebswirtschaftslehre - Unternehmensführung, Logistik und
Produktion
Leopoldstr. 145
80804 München
Tel. 089 / 289 – 240 09
E-Mail: studienberatung@wi.tum.de
Dean of studies for MBA :
-
Univ.-Prof. Dr. Dr. habil. Dr. h. c. Horst Wildemann
Lehrstuhl für Betriebswirtschaftslehre - Unternehmensführung, Logistik und
Produktion
Leopoldstr. 145
80804 München
Tel. 089 / 289 – 240 00
E-Mail: prof.wildemann@wi.tum.de
Secretary to the examination board:
-
Akademischer Oberrat Eberhard Böttcher
Lehrstuhl für Wirtschaftsrecht und Geistiges Eigentum
Prof. Dr. jur. Christoph Ann, LL.M (Duke)
Arcisstraße 21
80333 München
Tel. 089 / 289 – 226 63
E-Mail: boettcher@jura.wi.tum.de
Students of the MBA department:
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Fachschaft MBA
Arcisstraße 19, Zi. 007
80290 München
http://www.fs.mba.tum.de
Additional information for foreign students:
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Akademisches Auslandsamt der TU München
Gabelsbergerstrasse 39
80290 München
Tel. 089 / 289 – 221 34
Fax: 089 / 289 – 228 70
E-Mail: rattay-foerstl@zv.tum.de
http://www.iz.hr.tu-muenchen.de/beratung/index_de.tuml