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New Faculty Presentation

New Faculty Presentation. August 21, 2012. The World of Business in the Next Decade. Managers must be entrepreneurial in thought and action and have the knowledge base to act quickly and decisively;

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New Faculty Presentation

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  1. New Faculty Presentation August 21, 2012

  2. The World of Business in the Next Decade • Managers must be entrepreneurial in thought and action and have the knowledge base to act quickly and decisively; • Managers will need to focus not only on financial goals, but also on social, environmental, and sustainability goals; • Collaboration and teamwork will increase and be even more multi-cultural, multi-national, and cross functional; • Technology will be increasingly important in every aspect of managerial thought and action; • Managers will need more analytical skills to determine what is ‘good’ information and how to use data and databases for decision making; • The role of government and public institutions will increase.

  3. AACSB Accreditation • Learning goals, for assessment, include • Entrepreneurial Thinking and Acting • Managing in a Global Environment • Social, Environmental, and Economic Responsibility • Leadership and Teamwork • Functional Depth with Integrative Ability • Self and Contextual Awareness

  4. Graduate School Context • Before the current revision of the Core, • Each version of the MBA had a different version of the core, yet all students took the same electives. • Different credit hour requirements for each program. • Different combination of courses. • Required multiple preparations by faculty members. • Each program targeted to a different target market and positioned differently. • Our integration model made updating course material more cumbersome.

  5. How do we meet our student needs? • Simplify our curriculum : 1 MBA delivered to different targeted markets. • Position our program on deep functional knowledge built on entrepreneurial thinking. • Build strong connections with our alumni. • Focus efforts around student satisfaction and placement.

  6. Four MBA Programs • Full-Time Programs • Two-Year MBA Program – two classes of 165 students for total of 330 • One-Year MBA Program – 80-90 students • Note: 50-60% of full-time students are international • Working Professional Programs • Fast Track Program – 325 students • Evening MBA Program – 500 students

  7. First Year Two Year 12’-13’ MBA Curriculum First Year Credits A. 28 core credits + 3 elective credits = 31 B. 28 core credits + 3 elective credits + 3 elective credits = 34 Second Year Credits A. 24 elective credits B. 21 elective credits 55 credits in program

  8. The MBA Storyline – 1 MBA • A transformative experience that produces entrepreneurial managers with a global mindset who, working with others, create economic and social value. • Our MBA graduates will be seen as: • Action-oriented • Creative and logical • Innovative • Resourceful • Collaborative • Global in thought and action • Socially responsible • Quick to learn and act • Bold • Well educated in the disciplines of business.

  9. Key features of the new Core • Entrepreneurial Thought and Action (ETA) and Social, Environmental, and Economic Responsibility and Sustainability (SEERS) built into content and pedagogical approach of several core courses. • Action-oriented Signature Learning Experiences (SLE’s). • Integration of Ethics and Communication across core. • All courses in the core are revised in addition to two new courses: • Business, Government, and the Global Economy focuses on the critical role that the government and institutions play in business and teaches students how to work with them in a proactive manner; • Global Connections through Technology focuses on the role of technology and metrics in business and teaches students how to use technology for global connectivity and action.

  10. Key features of the new Two-Year Core • Most days have only two core classes ending by 12:30pm, leaving more time for class prep, co-curricular activities, career search and networking • All students will create a career development plan in winter session, in a one-credit class, to help them be more focused and proactive in career exploration, skills development, and networking. The course focuses on managing one’s own career and developing teamwork and leadership skills. • One or Two electives in Spring Semester allowing early career focus and deep dive into a functional area, improving preparation for internship process.

  11. What the new core accomplishes • Common core curriculum across programs; • A smaller core curriculum with electives in the first year; • Greater flexibility for students. Students who take two electives in the first year will have a very light course load in the spring semester of their second year, allowing for internships, more career networking time, etc.; • Robust, sustainable, integration into our MBA programs through module rather than course integration; • Standardized curriculum design around full and half courses. The two year, one year, fast track, and evening programs will have the same combination of courses. This will allow faculty to teach the same course across these four programs in an integrated fashion; • Common elective system across all programs, including more blended electives for the benefit of all our students.

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