Waseda Business School (WBS) aims to support those who aspire to a step-up in their career and those who plan to start a new career by studying at a business school. Our society today is undergoing rapid change. The world is globalizing, new technologies are appearing successively, and the market is changing. In order to survive in the global competitive environment, management knowledge of a global standard is essential. We need to acquire the capacity to solve problems – to identify the essence of the problem, to find a solution to it, and to implement the solution – and develop practical skills to tackle the problems for which our experience so far is not applicable. WBS is the best place to acquire management knowledge, problem-solving capability, the capacity to act, and leadership skills.
WBS started as a business education program (non-degree program) at the Systems Science Institute of Waseda University in 1973. It has gone through some reorganization since then, from being a Graduate School of Asia-Pacific Studies to offering an MBA Track at the Graduate School of Commerce. In April 2016, a new Graduate School of Business and Finance was created as a result of the developmental merger of two graduate schools: the MBA Track of the Graduate School of Commerce and the Graduate School of Finance, Accounting and Law. Due to this development, both business education and financial education have been mutually strengthened at a higher level. In addition to the existing MBA programs, the new graduate school offers an MSc in Finance (full-time, English-based), which attracts interest from all around the world. Moreover, it has added a Finance Track to the existing evening MBA Program (Specialized).
As its mission statement suggests, WBS aims to create actionable knowledge, to develop leaders with a global perspective, and to form a learning community. Faculty at WBS include practitioners such as senior executives with a wealth of experience, consultants of the highest level, and researchers doing the cutting edge of research in various management fields. Because of the breadth of our faculty profile, we create actionable knowledge that is neither armchair theory nor the simple transmission of management experience.
WBS also has an International MBA program and an MSc in Finance program, which is entirely taught in English. These programs attract students from all over the world. Because of these English-based programs, we are in close contact with top-class business schools abroad. Exchanges at both student and faculty levels are thriving. Therefore, intercultural communication is a fact of life at WBS, and students will acquire global perspectives.
Lastly and most importantly, there is a fantastic learning community at WBS, where excellent students of diverse backgrounds come together. At WBS, students’ participation in learning is very much encouraged. This is an extremely dynamic learning process, in which students create new viewpoints and ideas by expressing their ideas and learn from others’ ideas through discussions with their fellow students or with faculty. At WBS, every student is allocated to their own seminar group, where they get to know other seminar members and faculty well and work on their thesis. This learning community is indispensable for the creation of actionable knowledge through discussion and the development of leadership.
WBS offers a wide range of programs, and it is one of the biggest business schools in Japan in terms of the number of students and the size of the faculty. Our size is the source of our strength. Because we have so many students, we can offer a wide range of courses, which enables you to find the courses that address your individual concerns. A learning community of large size made up of diverse members improves learning effects. Those students with whom you study at WBS will be to your advantage: you will work together to start a new business, you will collaborate at work, and you will share your joys and troubles. A large network of students and alumni comprises a valuable asset.
These characteristics and strengths of WBS will be useful to you in acquiring the ability to respond to the rapid changes our society is now facing. At the same time, however, the global environment that surrounds business schools is also changing. For example, western business schools are increasingly finding it difficult to secure high pay for alumni, and the opportunity costs of their two-year programs are rising. The era in which the majority of graduates found jobs in big companies in the West is over: the proportion of graduates finding jobs in newly-emerging countries with a completely different business environment and with a large proportion of venture businesses is rising. In order to address these changes, business schools in the world have developed a diverse range of programs in terms of student profile, the amount of learning involved, and the specialized fields offered. Their curriculum now places more emphasis on entrepreneurship, global perspective, intercultural communication, and ethics than ever before.
Here at WBS, we are acutely aware that we also need to keep innovating ourselves by taking into account the challenges posed by and the evolution of business schools around the globe and by emphasizing the benefits of being based in Japan in order to compete with business schools abroad.
I sincerely hope that many talented students will continue to learn at WBS and advance and realize changes in their careers. I also hope that you will join our efforts to solve the various problems in society through the creation of actionable knowledge.
Prof. Shigeru ASABA
Dean, Waseda Business School
Mission & Policy
The mission of Waseda Business School is to create actionable management knowledge and to develop insightful and responsible leaders with global perspectives. Here, we foster a dynamic learning community of faculty and students.
Diploma Policy (Requirements for Graduation and Earning a Degree)
Waseda University’s mission is to foster diverse learning and exchanges of culture, language, and values in order to educate professionals able to contribute independently to global society. To achieve this mission, the University’s comprehensive and creative capacities must be brought to bear to provide such opportunities through its systematic curriculum, and the educational and student environments provided university-wide.
The mission of Waseda Business School is to educate students to become business leaders who are able to contribute to international society by applying their highly-developed skills and acumen in business and finance – the end result of an educational philosophy which integrates advanced theory and cutting-edge practice.
Waseda Business School will confer, onto those persons who have completed a business education program that reflects the latest research findings, based on appropriate standards of evaluation, and who have acquired high-level practical expertise and decision-making skills as business leaders, the degree of Master of Business Administration (MBA), and to those who have acquired advanced financial knowledge and theory based on international standards, the degree of Master of Science in Finance (MSc in Finance).
Curriculum Policy (Organization and Implementation of Curriculum)
The goal of Waseda Business School is to educate students to become leading professionals in their fields, honing their specialized skills and acumen to a level that earns their place in today’s global business society.
It is envisaged that people from a diverse range of backgrounds will enter Waseda Business School. Students who already possess basic business knowledge will reaffirm this knowledge while learning foundational knowledge in disciplinary subjects in which they had little exposure to prior to admission, enabling them to better understand new, advanced concepts and theories. Conversely, those students who had not learned foundational business and finance in their undergraduate curricula will be required to acquire this knowledge after admission, in order for them to be able to fulfill their requirements related to the completion of specialized elective courses and in writing their theses.
To accommodate a diverse range of students who are admitted, Waseda Business School has outlined an incremental learning curriculum through course offerings comprised of “compulsory core courses,” “compulsory elective core courses,” and “elective courses.”
Furthermore, with the goal of educating students in advanced problem-solving skills and disciplinary specialization, the School requires all students to earn compulsory credits in specialized research via the MBA Degree Thesis or Project Paper.
Waseda Business School is able to provide a well-balanced, educational curriculum through an extensive array of elective courses, including the cultivation of global perspectives and professional ethics, in order that it can offer a wealth of learning opportunities in theoretical and empirical approaches, as well as in the application thereof.
Admissions Policy (Enrollment of Students)
Based on Waseda University’s educational tenet of “independence of learning,” the University welcomes a large number of students from Japan and from throughout the world who bring with them the high marks of academic excellence, who brim with intellectual curiosity and enterprising spirit, and who are highly motivated in their studies.
When students at Waseda Business School graduate, they are expected to become the business leaders, executives, as well as the management and finance-sector professionals of the future, and they are expected to contribute widely to international society through the highly specialized knowledge, skills, and ethics that they will acquire while enrolled in their programs.
Regardless of their background, Waseda Business School admits applicants who agree with its curriculum policy, who have a clearly drawn vision of the future, and who possess the desire and passion to realize this vision and will spare no effort towards bringing it to fruition. Work experience is not an essential condition for admittance into the two daytime programs, International MBA and MSc in Finance (but it is preferable for applicants to have at least three years of work experience for the International MBA track). However, applicants for the One-Year MBA track, the Evening MBA track, and the Specialized Evening MBA track must have at least three years’ experience, while applicants to the Waseda-Nanyang Double MBA Program must have at least two years’ experience. Applicants are expected as professionals to be able to understand the advanced theories and cutting-edge research findings they will study, drawing upon the practical experiences from their individual backgrounds.
Life at WASEDA
There are many ways to get involved and explore your interests at Waseda Business School. In the sections below, you can learn more about our students, the events and traditions they enjoy, and where and how they live in Tokyo.
Living in Tokyo
Information about housing and general daily life issues and a comprehensive guide to obtaining a student visa can be found on the Center for International Education website.
Tokyo is a fun, clean, safe, trendy, world-class megacity with more three-star Michelin restaurants than Paris and various speciality bars that offer the finest microbrews, sake and wine. The quality of life in Tokyo is extremely high and the fact that Japanese people have some of the highest life expectancies in the world is not a surprise.
Tokyo produces cultural artefacts like anime and manga that are popular around the world. But, there is also an ethos here, captured in Sophia Coppola’s movie Lost in Translation, that has to be experienced to be understood.
Tokyo has an amazing public transportation system. So you can easily access museums, art galleries, concerts and sporting events, sumo wrestling, and various cultural festivals. Two international airports in Tokyo (Haneda and Narita) make it possible to easily travel throughout Asia and beyond.
Tokyo is also the business and political center of the world’s third largest economy and a hub that connects to the rest of Asia. It is where the headquarters are located for most Fortune 500 Japanese firms and most Japanese subsidiaries of Fortune 500 multinational firms. In this sense, Tokyo itself is like a living laboratory for people with a keen interest in business. So it is said that Tokyo is the perfect setting for students from around the world who want to earn an MBA in Asia. Best of all, even students who cannot speak Japanese report that they are able to enjoy their life in Tokyo very much.
WBS students have access to the following library facilities. The hours indicated below are the hours the libraries are open during the school term. Please make sure to check the opening hours during term breaks.
Business Library (10th Fl., Bldg. 11)
This library provides reference materials such as books and journals in the commerce and business fields for faculty and graduate students. Some materials are available for lending (up to two items at a time for two weeks).
Business Library Reference Room (10th Fl., Bldg. 11)
The Business Library has an attached reference room with about 50 seats for students.
S. Takata Memorial Research Library (Bldg. 2)
Dedicated to the use of the faculty and graduate students in the field of social sciences, the S. Takada Memorial Research Library offers research materials as well as books and journals in foreign languages. The collection, which has a total of more than 320,000 items, is available to graduate students for browsing, lending and copying, and the facility is equipped with 110 seats. Open longer hours than other libraries on campus and even during the entrance exam period, this library will be very useful for WBS students, particularly those wishing to access foreign language materials. To visit the library, enter from the southern entrance on the side facing Bldg. 2, and then go up to the 3rd floor.
Student Reading Room (Basement Fl., Bldg. 11)
This facility is primarily for the use of undergraduate students of the Schools of Commerce and International Liberal Studies, however, graduate students are also welcome to use it for browsing and lending.
University’s entire library system
Students also have access to the Central Library and the other library facilities on campus.
Introduction to Building 11
Waseda Business School is located in one of Waseda University’s newest buildings – Building 11 – on the main Waseda Campus. The building was completed in 2009 with financial support from Daiwa Securities Group Inc., one of the largest securities firms in Japan. The building has multiple classroom layouts and each classroom is outfitted with up-to-date teaching technology.
WBS students mainly take classes on the 9th and 11th floors. Students may reserve classrooms for group study sessions when the rooms are not being used for classes. Building 11 has numerous network access points enabling students to access the Waseda University high-speed wireless network.
Tokyo, Tokyo, Japan