Many midlevel and senior managers find that, at some point in their career, they have need of specialized knowledge in order to move to the next level. Executive programs often aim to offer access to relevant business information necessary for advancement.

Luxembourg, officially the Grand Duchy of Luxembourg, is a landlocked country in western Europe, bordered by Belgium, France, and Germany.

The PhD is a doctoral degree, specifically called a "doctor of philosophy" degree. This is misleading because PhD holders are not necessarily philosophers (unless they earned their degree in philosophy!). That said, PhD recipients are able to engage in thought experiments, reason about problems, and solve problems in sophisticated ways.