Executive Training Programme (ETP)
A Bridge to Asia for European Business
The Executive Training Programme (ETP) empowers European businesses in unlocking the potential of the complex Japanese and Korean markets.
Many European companies want to develop their activities in Japan or Korea but lack in-house expertise to develop a business plan for this, or need to improve their knowledge of the Japanese or Korean languages and business cultures to succeed.
The EU’s ETP is designed for just these cases. It is a European Commission funded programme, supported by Deloitte, and which provides EU executives from European companies with a year of support to the development of their business plan for Japan or Korea, as well as business, language and cultural training necessary for success in these markets. Its main objective is for participants to develop a credible business plan for their companies to establish or expand their business in the East Asian markets.
How does it work?
The ETP consists of a 45-week intensive training for EU executives. The training is divided into 3 stages:
- Inception Module in the EU (3 weeks): Introductory training on the Japanese or Korean history, culture, economy and business at School of Oriental and African Studies, University of London (UK)
- Immersion Module (30 weeks): Business and language training course at Waseda University (Japan) or Yonsei University (Korea)
- Internship (12 weeks): Placement in a Japanese or Korean company to apply the newly acquired skills and knowledge in practice
The European Commission supports participants by:
- Funding the entire ETP training course;
- Providing a scholarship for each ETP participant of 26,400€ for Japan and 24,000€ for Korea.
Who can participate?
ETP is open for EU nationals working for European companies with an annual turnover above 500.000 € and more than 5 employees and who are interested in launching or expanding their activities in Japan or Korea.
Further details and information on the minimum requirements for EU executives and companies are available at http://www.euetp.eu/who-can-participate.
How is Deloitte involved?
Deloitte is involved in the promotion and management of the ETP, helping to raise EU executives’ and companies’ awareness of this valuable EU-sponsored programme and to ensure the programme is managed effectively.
We believe that such initiatives are an effective manner of fostering both economic development and greater collaboration with Asia for EU companies.
More details of the programme, its training curriculum, application process and success stories amongst others can be found on the ETP website at http://www.euetp.eu.
EU executives can apply by submitting an online application via this site. The deadline for applications for the upcoming cycle from November 2013 to November 2014 is 31st May 2013. There are only 45 places available for ETP Japan and 15 for ETP Korea per cycle.