The crisis is here. As always, all the signs were there beforehand but as always, it came as something of a surprise. As the financial crisis is coupled with a real estate crisis and a business recession, the shockwaves are exceptionally strong.
So why attend an MBA programme during a period of economic downturn? And why choose EDHEC? The answer is that Theseus-EDHEC MBA has actually always relied on two mottos: 

New World, New Management: attending an MBA can first allow you to understand the deep roots of the crisis and to foresee the next state of the world. . The business world is going to change: there will be deep reforms of financial capitalism, the core goals of firms will change, as will their expectations regarding their managers. With a strong focus placed squarely on understanding the world, the Theseus-EDHEC MBA gives its participants invaluable insights into the issues underpinning the present economic turmoil. Courses in economics, geopolitics, international finance but also in humanities and philosophy have never been so important, and the executive trips we offer to emerging countries have never been as crucial.  

A Life Changing Experience: attending an MBA can help you to act. While the storm is raging, an MBA provides an opportunity to step back, take stock, and reflect on your situation. As the world is changing, why not change with it? The recession is an ideal moment to reflect on your personal career plan and prepare for the opportunities that will be thrown up post-crisis. Personal development and re-orienting your personal career plan are two key aspects of Theseus-EDHEC MBA.

Our 10-month programme is designed to ultimately transform the lives of the participants who join us from over 20 countries worldwide.   EDHEC Business School has over 100 years of experience behind it. It has been through recessions and global changes in the past and has come out of the experience all the stronger. The Theseus-EDHEC MBA focuses on understanding the world and transfiguring people. In these times of unparalleled turmoil, it offers a unique opportunity to understand and act in order to enjoy a fulfilling future.  

In Chinese, the word crisis also means opportunity; in Latin, it shares roots with the word choice, because a crisis is a situation in which one has to make crucial decisions. As a crisis always reflects the excesses of the system that created it, it also paves the way for positive changes: the weeding out of aberrant economic practices, more ethical financial capitalism, less pressure on short term profit, greater state responsibility ... In short, the scale of the crisis indicates the extent of progress that our civilisation will have the opportunity to make.          

Pr Emmanuel Metais
Theseus-EDHEC MBA Programme Director.
Associate Dean, International Postgraduate Programmes.