An Advanced Management Program (AMP) is an intensive non-degree senior executive education program often offered by elite business schools and aimed at senior managers and government officials. [1] It is offered by business schools in several parts of the world, including North America, Europe, India, and Australia. Participants usually have at least 15 years of management experience [1] and are within one or two levels of the C-suite. [2]
Such programs exclude the core curriculum of MBA and Executive MBA programs because, according to the Wall Street Journal, "these students are well beyond that fare." [1] Instead, Advanced Management Programs focus on teaching "how to lead ... and the fine art of executing a vision." [1] The Columbia Business School AMP, for example, is built on three pillars: Leading authentically, thinking strategically, and executing dynamically. [3]
Advanced Management Programs are usually highly selective. Business schools only offer them at most twice per year and generally limit class sizes to no more than 50 students. [1] Admission to Advanced Management Programs, rather than being based on academics or standardized test scores, is based instead on testing, management seniority, and workplace accomplishments.
In 2008, Advanced Management Programs generally cost within the range of US$50,000-$98,000 at top business schools, and 95% of students were sponsored by their employers. [1] As of 2020, example AMP tuition prices were US$56,000 at Chicago Booth, CHF 30,000 at IMD, €38,500 at INSEAD, US$78,450 at Columbia, US$79,500 at Wharton, US$65,000 at MIT, and US$82,000 at Harvard.
Some business schools offer alumni status to students who complete the school's AMP, while other business schools do not. [1]
Advanced Management Programs should not be confused with non-degree programs from training institutes such as Mini-MBA or Business Certificates from non-degree giving organizations.
The first Advanced Management Program began at Harvard Business School in 1945, which is considered a degree program [2] [4] [5] at the conclusion of World War II. [6] The forerunner to Harvard's AMP was a series of seminars for New England businessmen taught by Harvard Business School professor Philip Cabot prior to the war. Professor Cabot's seminars became more formalized during the war and turned into the Advanced Management Program at war's end. [6] Harvard's AMP was a role model for similar programs elsewhere. By 1951, five more universities offered similar programs. By 1958, 39 additional similar programs had been created at other business schools. [7]
Columbia Business School (CBS) is the business school of Columbia University, a private research university in New York City. Established in 1916, Columbia Business School is one of six Ivy League business schools and is one of the oldest business schools in the world.
A business school is a higher education institution or professional school that teaches courses leading to degrees in business administration or management. A business school may also be referred to as school of management, management school, school of business administration, college of business, or colloquially b-school or biz school. A business school offers comprehensive education in various disciplines related to the world of business.
A Master of Business Administration is a professional postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular area but an MBA is normally intended to be a general program. It originated in the United States in the early 20th century when the country industrialized and companies sought scientific management.
The Wharton School is the business school of the University of Pennsylvania, a private Ivy League research university in Philadelphia. Established in 1881 through a donation from Joseph Wharton, a co-founder of Bethlehem Steel, the Wharton School is the world's oldest collegiate business school.
The Indian Institutes of Management (IIMs) are Centrally Funded Business Schools for management offering undergraduate, postgraduate, doctoral and executive programmes along with some additional courses in the field of business administration. The establishment of IIMs was initiated by Jawaharlal Nehru, the first prime minister of India, based on the recommendation of the Planning Commission of India.
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Vancouver Island University is a Canadian public university serving Vancouver Island and coastal British Columbia. Malaspina College opened in 1969. The main campus is located in Nanaimo, with regional campuses in Duncan and Powell River.
The Yale School of Management is the graduate business school of Yale University, a private research university in New Haven, Connecticut. The school awards the Master of Business Administration (MBA), MBA for Executives (EMBA), Master of Advanced Management (MAM), Master's Degree in Systemic Risk (SR), Master's Degree in Global Business & Society (GBS), Master's Degree in Asset Management (AM), and Ph.D. degrees, as well as joint degrees with nine other graduate programs at Yale University.
The UBC Sauder School of Business is the business school of the University of British Columbia. The faculty is located in Vancouver on UBC's Point Grey campus and has a secondary teaching facility at UBC Robson Square downtown. UBC Sauder has been accredited by AACSB since 2003. The current Dean is Darren Dahl.
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The European School of Management and Technology, also known as ESMT Berlin, is a private non-profit business school based in Berlin, Germany. The business school was founded in 2002 by 25 companies and institutions and offers a range of MBAs, master's degrees, and other degree and executive education programs.
The Florida International University (FIU) College of Business, located in Miami, Florida in the United States is one of the university's 26 schools and colleges and was founded in 1965. The college is split into two separate schools: the Landon Undergraduate School of Business with over 7,00 students and the Chapman Graduate School of Business with close to 2,200 students, making the College of Business the largest professional college at FIU.
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The Guanghua School of Management, Peking University (北京大学光华管理学院) is the business school of Peking University, a public university in Beijing, China.
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The Tepper School of Business is the business school of Carnegie Mellon University. It is located in the university's 140-acre (0.57 km2) campus in Pittsburgh, Pennsylvania.
NUCB Business School is a private graduate business school in Japan which was established in 1990 by the Kurimoto Educational Institute. The school offers an Executive MBA program, an MBA program, M.Sc. programs, and executive education programs.