Welcome to Hosei Global MBA Program
Dear prospective students of the Hosei University GMBA Program:
The 21st century is a totally different world from that of the previous century. This is especially true for the world of business. The capabilities and skills required are fundamentally different from those of the 20th century, and are more complex too. Business people today have to deal not only with conventional business matters, but also must take into consideration a variety of factors, including global environmental issues such as sustainability, the widening gap between the haves and have-nots, social welfare systems suitable for both explosive population growth as well as declining and aging societies, the interaction between democracy and free trade, and international security in the age of a growing fear of terrorism.
In order to support young — and young at heart — people the world over who choose to rise to the challenge of establishing new businesses and creating new business innovation, it is imperative to equip them most certainly with fundamental MBA knowledge. But they also must possess skill with the latest information and communication technologies (ICT), competency in global communication, and experience with the kind of tacit wisdom accumulated through Japan’s remarkable industrial development. This is the mission of Hosei University’s Global MBA (GMBA) program.
To achieve this mission, the program goes beyond classroom teaching to provide students with practical experience via internships, both at regional Japanese government organizations as well as in private enterprises in Japan. In the Business School of Innovation Management, the GMBA students also intermingle with Japanese-language MBA students, the majority of which are top Japanese business people, thus creating further opportunity for business learning. The goal is for our students to develop not only business capabilities, but also social innovation mindsets and a sense of duty to society at large.
This raises the question, Why Japan? Japan achieved the astonishing feat of emerging as the world’s second largest economy within four decades of its devastation at the end of World War II in 1945. This was accomplished in spite of Japan’s lack of basic natural resources for industrial development, and its small size tucked away in a corner of Asia. We believe the process of Japan’s postwar development provides invaluable case lessons to the younger generations of today and tomorrow, particularly those from developing regions in Asia and Africa.
Japan has a deep history reaching back to ancient times. Its industrious people have lived in harmony with the country’s abundant natural blessings, and made use of advanced scientific technology and masterful technique to successfully cultivate world-leading industrial strength. Moreover, this has been done while maintaining a rich standard of living, in terms of both material livelihood and culture. Today, Japanese industry continues to accumulate new technologies, skills and knowledge necessary for its people to flourish in the 21st century. It is this experience that we strive to bring to our students in the classrooms of the GMBA program, and beyond.
Seiichiro Yonekura, PhD
Director of the Hosei University GMBA Program
Professor, Innovation and Entrepreneurship
Key Characteristics of the GMBA Candidate
Our MBA, the GMBA, aims to foster the following types of people who can serve as leaders in today’s increasingly global society:
(1) Leaders who possess deep and thorough knowledge of Japan and Japanese business, and are able to make decisions based on this knowledge
(2) Leaders who are capable of strategic decision-making, taking into consideration a global perspective
(3) Leaders who are capable of cultivating connections throughout the world, and are masters in the communication of the vast amounts of information required of today’s global businesses
The Hosei GMBA is ideally suited for:
– Entrepreneurial spirits who strive to start their own businesses
– Business successors who will take responsibility for family companies
– Employees of Japanese companies who will take leadership roles in other parts of Asia
– Social innovators who endeavor to work in the space between industry and government sectors
– Other business people who are inspired by the above types of challenges.
In any economy, individuals with the skills to disrupt and innovate are in great demand. To answer this call, Hosei University established the Business School of Innovation Management in 2004. The School awards the master’s degree, Master of Business Administration (MBA). In addition, students who opt to also join the Small & Medium Enterprise (SME) Consultant Training Program obtain the qualification of SME Consultant Qualification along with their master’s degrees.
The innovation management thread woven through both the MBA degree and the SME Consultant qualification is creative disruption: the ability to break free of the past business mindset to create new ideas and new businesses. We call a person with such skills a “business innovator,” and aim to nurture such talent.
Business innovators include entrepreneurs who start new businesses of course, but also those who are able to drive the transformation of existing businesses towards new opportunities and business models, and towards new markets. From this perspective, The Business School of Innovative Management aims to nurture business people with the following three competencies:
➢ Competency to create new businesses (business startups/ventures)
➢ Competency to transform existing businesses via new models (business diversification)
➢ Competency to transform existing businesses via new markets (business expansion)
Our curriculum is formulated on the fact that theoretical “book-learning” alone cannot sufficiently develop business innovator talent, and thus requires this learning to be supported with practical experience. For this reason, we utilize the “project method” in which students undertake their own business project assignments, and internships as well.
Starting a new business requires an understanding of past business cases and industry trends, as well how this is all playing out currently, and to incorporate all this business knowledge into the decision making process. Our curriculum is designed to help students acquire such knowledge from past business examples through the “case method.” Our curriculum also includes “IT literacy” which emphasizes evidence-based decision-making that integrates data management, data analytics and Information Technology.
Intensifying globalization and rapidly evolving information and communications technologies are causing what many call the fourth industrial revolution. In such an environment, demands are high for individuals able to navigate this new frontier using not only the knowledge of management and IT, but who are also comfortable in the new industries that emerge as the fusion of hitherto separate industrial sectors. What is needed is the type of person we call a business innovator.
Business innovators are not limited to the types of people with the ability to start new businesses, but also those with the competency to pursue innovation in existing businesses, be that through reorganization of existing business models, restructuring of existing business organizations, diversification to new markets, or even societal innovations via social entrepreneurship.
Our goal is to develop talent with the above skill sets. Accordingly, our admission policy is to admit individuals with practical business experience who are interested in and passionate about the opportunity to contribute to business innovation (as well providing the required transcripts, letters of recommendation, essays etc.)
The Business School of Innovation Management aims to nurture human resources capable of pursuing innovation in society or within an organization, and has developed its curriculum with this purpose in mind. Students enhance their understanding of and facility with innovation management through the acquisition of designated credits in fundamental, specialized and applied courses.
In this way, students earn the Master of Business Administration degree as a result of gaining knowledge of innovation theory and its practical applications, developing an ability to perform critical analysis in real-word environments, attaining proficiency in the conception of innovation strategies based on analytical assessments, achieving facility in the execution of strategies and tactics based in knowledge of innovation theory and practice, and acquiring skill in the communication of business ideas to various stakeholders.