The experts agree: the aerospace industry has witnessed impressive growth worldwide over the past few years, with major contributions from the civil aviation segment. At the same time, the structure of the entire industry (airlines, manufacturing, MRO, airports, space, etc) has undergone a profound change (“open skies”, new players, new business models, new technologies, new segments and markets, the maiden flights of several new programs), all of which are significantly increasing domestic and international passenger traffic. New players are coming on the scene and shaking up the market (GAFAM, BATHX).
This overall industry growth has been fueled by skilled manpower along with a favorable business environment (investment, innovation, etc). Despite the plethora of opportunities for aerospace players, most aerospace companies are already facing and will face issues of talent management. While highly-skilled technical people are already working in the industry, there is a shortage of trained, experienced aerospace managers with strong leadership skills and the ability to work to the highest international standards.
Technology is radically reshaping businesses and organizations (robots, augmented reality, additive manufacturing, real-time management, IoT, Big Data & analytics, digital twins, digital continuity, AI, the blockchain, cloud, and cyber-security). New practices such as horizontal “flat” organizations offer people more autonomy. More agile, project-type organizations require not only digital knowledge but skills and competencies in change management. The more organizations are digitized, the more talented people become crucial to interact, engage, and lead. Managing and leading in a digital world means openness, freedom to make mistakes, the ability to manage uncertainty, and the capacity to understand stakes and priorities while considering the big picture from an international perspective.
This program aims to provide an overall understanding of the main trends shaping the aerospace market. The aerospace industry is experiencing the full impact of VUCA times (volatile, uncertain, complex, ambiguous). Future leaders require much more than business knowledge.
What is the TBS Aerospace MBA?
The Aerospace MBA delivers a world-class education effectively and conveniently for experienced managers looking to develop their international management competencies and leadership in aerospace. With a proven record of success with almost two decades of experience developing high-performing leaders, the Aerospace MBA is the only general and international executive program in the world dedicated to aerospace management for business and the only specialized MBA in aerospace accredited by AMBA.
The program is a transformative experience designed for mid-career working professionals (on average 12 years professional experience), often including management positions and/or responsibility.
Why an Aerospace MBA and not a general one? Two degrees rolled into one!
This is a key question. The Aerospace MBA trains and prepares managers for the aerospace business environment.
However, it has all the key elements of a regular generalist MBA providing exactly the same fundamentals as in any top-quality executive MBA. While case studies, materials, examples, and projects are applied to the broad aerospace sector, topics and content from related industries are injected into the program (Big Data, Artificial Intelligence, circular economy, digital economy, Start-Ups, Design Thinking, new mobility, and transportation, etc.)
If you want to do business with aerospace players or you want to go further within the aerospace industry, you certainly have to be attuned to it. That’s what a specialized MBA does, providing all key concepts, tools, and the newest management tools while refining your aerospace strategic mindset and behavior. Broaden your perspective: be specialized while generalist and get two degrees rolled into one.
Not only will you be at the heart of the largest European aerospace region, but you will also get lectures from international experts, benefit from experience abroad, and take part in cross-cultural projects thanks to the dozens of nationalities attending every year.
As the program is also delivered in India in collaboration with the Indian Institute of Management in Bangalore (top-ranked in the Financial Times), you’ll have the unique opportunity to get familiar with this booming market.
When connecting with alumni, you’ll be connected to executives located in more than 80 countries around the world!