Japan and Korea are the 6th and 9th biggest trading partners of the EU. Growing the number of EU companies operating there is a key strategic imperative for the European Commission. Japan, the second biggest economy in the world, has a stable and highly sophisticated society. With 127million inhabitants the market offers considerable purchasing power and so very strong business opportunities for European companies. Korea offers a dynamic and open economy with a high per capita income.
The Executive Training Programme (ETP) is a European Commission funded programme that provides European companies with the business, language and cultural training necessary for success in the Japanese and Korean markets. The ETP strengthens the presence of EU companies in Korea and Japan as well as the cultural and business links between those countries and the EU. The way business is done in Japan and Korea is so vastly different to how it is done in Europe that companies and executives doing business there need to be provided with specialist skills and insights necessary to succeed there. Growing the number of EU companies operating in Japan and Korea is a key strategic imperative for the European Commission.
The strategic objective of the ETP is to strengthen the presence of European companies in the Japanese and Korean markets.
More specifically, it aims to create a pool of European executives equipped with specific business, linguistic and cultural skills and knowledge necessary to operate in the Japanese and Korean markets. The executives trained through the ETP programme should be able to give effective assistance to their organisations in penetrating or consolidating positions in these markets.
The training will be provided during a period of 45 weeks. It is divided into 3 modules:
The ETP cycle will be concluded with a 2 week period during which final tests are taken and at the end of which a closing ceremony will be held. The next programme cycle commences in November 2012.
The ETP for Japan will accommodate up to 45 participants per cycle and the ETP for Korea will welcome up to 15 participants per cycle.
For detail and information about the application and selection process is available from http://www.euetp.eu/apply-now/cycle-2013-2014.
A sponsoring company is the employer of the ETP candidate.
You can check minimum requirements for sponsoring companies here.
A critical element of the ETP is a 12-week month internship with a Japan or Korea based company. The internship allows the participants to check the knowledge from the language and business components against reality and to put their language skills into practice. Each ETP participant is expected to find his/her internship individually. Since finding and securing a relevant internship is one of the most challenging components of ETP, education providers in Japan and Korea will provide a continuous support to the participants. The support will include internship seminars to provide guidance, internship manual, individual consultations, several networking events and social activities to connect with potential internship host companies. Prominent and reputable companies in Japan and Korea from across a range of sectors have welcomed ETP participants for their internship over the past 30 years. Previous host companies include Sony, Nissan, Mitsui & Co. in Japan and GlaxoSmithKline, LG Electronics and the Samsung Economic Research Institute in Korea.
The European Commission helps European executives by funding the whole training course of 45 weeks and providing a scholarship (2,200€ a month for Japan and 2,000€ a month for Korea). Sponsoring companies are encouraged to contribute to the living expenses of ETP participants.
The participants shall bear the cost of their accommodation during the entire duration of the programme. To ensure a smooth transition, education providers will assist participants to find housing in cooperation with leading real estate companies. Participants will receive a list of affordable accommodation options in the vicinity of the venue where the courses will be organised. For the transition period between the time participants arrive and find their apartment, they will be offered pre-arranged accommodation at an economic rate near University.
ETP is equally open to organisations and executives operating in any business sector.
There is no age limit for participating in ETP. Nevertheless, there are minimum requirements for the EU executives, such as a number of years of education and professional experience.
No. ETP participants shall stay on the programme for the whole duration and follow the entire training course. They will also be evaluated on their progress regularly.
ETP is managed and financed by the European Commission. It is implemented with the assistance of external contractors in Europe, Japan and Korea. The Central Management Unit lead by Deloitte Belgium is in charge of the administrative management of ETP – an activity in support to the European Commission’s general management responsibilities.