Executive MBA. Defining leaders, redefining leadership

Transcription

1 Executive MBA Defining leaders, redefining leadership S t. L o u i s d e n v e r k a n s a s C i t y S h a n g h a i

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3 As organizations become flatter and more agile, or global and more complex, they create new opportunities for talented leaders. To capitalize on these opportunities, you need cross-functional skills, strategic vision and superior management expertise. Where can you develop your leadership talent and sharpen your professional tool set? At internationally renowned Washington University in St. Louis in Olin Business School s Executive MBA Program. Olin s Executive MBA equips experienced professionals with powerful knowledge, tools and resources to tackle the most complex unstructured business challenges today. We prepare you to advance in your current company, transition to a new field or industry, or run your own business. Interactions with leading professors, dedicated staff members, accomplished peers and executive guest speakers enrich your Olin education and provide an outstanding business network. The knowledge and insights you gain have immediate applications for high-priority management challenges. As a result, you and your organization receive a rapid and lasting return on investment. 1

4 Defining leaders, redefining leadership World-Class Leadership Development Olin s top-ranked Executive MBA Program offered in St. Louis, Denver and Kansas City yields a strong, immediate and lasting return on investment for you and your organization. For 30 years, we ve taught business theories and models that have practical, real-time applications for your work challenges. You gain strategies and perspectives that give you clout in a constantly changing global marketplace. Our Executive MBA Program in Shanghai, a partnership between Washington University in St. Louis and Fudan University, is ranked No. 9 worldwide by the Financial Times. The program is team-taught by Olin and Fudan School of Management faculty and leverages the strengths of both institutions. Students from our programs in the U.S. and China acquire an appreciation for each other s economies, business practices and cultures by engaging in collaborative projects during their international residencies. GROUNDED IN BUSINESS REALITIES Developed in collaboration with our corporate partners, the program curriculum focuses on organizational leadership, creativity and innovation, sustainable growth, and global and emerging markets. Core courses enhance your cross-functional business knowledge. You learn how to question assumptions, identify opportunities, solve complex problems, manage risk, develop your operational performance, boost productivity, build competitive advantage and improve your organization s triple bottom line. LIFELONG LEARNING Your learning does not end when you graduate from our Executive MBA Program. You may enroll in elective courses offered by our evening and full-time MBA programs. Olin offers over 100 electives, and these courses are complimentary for two years after your graduation date. After that, tuition is billed at our 50 percent discounted alumni rate. In addition, a discount applies to Olin s Executive Education seminars EMBA EMBA@wustl.edu

5 Critical management themes, such as innovation and creativity, sustainable competitive advantage, disruptive technologies, and risk management, drive our Executive MBA curriculum. We dive deep into these challenges and examine cutting-edge business theories and practices. PANOS KOUVELIS, PHD Senior Associate Dean & Director, Executive Programs; Director of The Boeing Center for Technology, Information & Manufacturing; Emerson Distinguished Professor of Operations & Manufacturing Management; Washington University Olin Business School The Executive MBA Program taught me how to adjust my management strategies to the needs and requirements of emerging markets as well as to cultural differences that affect business practices in the countries where my organization operates. CAROLYN NICHOLS, MBA 2010 Title: Team Lead for Australia Program Industry: Aerospace and Defense Location: St. Louis 3

6 A Gothic landmark on the campus of Washington University in St. Louis, Brookings Hall was built between 1900 and 1902 and served as the administrative center for the 1904 World s Fair. WASHINGTON UNIVERSITY IN ST. LOUIS BROOKINGS HALL Located on the main campus, the five-story, 135,000-square-foot Charles F. Knight Executive Education and Conference Center was designed for learning, comfort and convenience. In 2014, the footprint of the business school will double with Knight Hall and Bauer Hall. CHARLES F. KNIGHT EXECUTIVE EDUCATION AND CONFERENCE CENTER EMBA EMBA@wustl.edu

7 Defining leaders, redefining leadership 11, Students from all 50 states and more than 120 nations Gothic-style buildings on National Register of Historic Places University s Francis Field is site of first Olympics held in United States Current faculty members on editorial boards of professional and scholarly journals Internationally Renowned Institution WASHINGTON UNIVERSITY IN ST. LOUIS Founded in 1853, Washington University in St. Louis is known for its world-class research and scholarship. Counted among the world s leaders in teaching, Washington University challenges its faculty and students alike drawn from all 50 states and more than 120 nations to seek new knowledge and greater understanding through its world-class schools. Seven schools: Arts & Sciences Olin Business School Sam Fox School of Design & Visual Arts School of Engineering & Applied Science School of Law School of Medicine George Warren Brown School of Social Work OLIN BUSINESS SCHOOL Part of internationally renowned Washington University in St. Louis, Olin was founded in We are a world leader in management education and applied research with degree and nondegree programs that emphasize critical and creative thinking, strategic problem solving, global perspective, and professional development. Institutions from across the globe partner with us; including Fudan University; Cass Business School in London; Fundação Dom Cabral in Nova Lima, Brazil; the Indian Institute of Management in Ahmedabad, India; and ESADE Ramon Llull University in Barcelona, Spain. We also manage Brookings Executive Education through a partnership between the University and the Brookings Institution, a nonprofit, nonpartisan public policy organization based in Washington, D.C. More than 90 programs and almost 1,500 courses lead to bachelor s, master s and doctoral degrees in a broad spectrum of traditional and interdisciplinary fields. 23 Nobel laureates have been associated with Washington University s faculty, nine doing the major part of their pioneering research here. 3, , Instructional faculty in all schools (full-time and adjunct) Alumni throughout the world National Medals of Science, 7 Pulitzer Prizes, 3 National Book Critics Circle Awards, 2 National Book Awards and 2 National Medals of Arts won by faculty and graduates Cities with active Washington University Clubs 5

8 Defining leaders, redefining leadership 100% #9 29% #14 Executive MBA faculty who are tenured or full-time professors Olin Executive MBA-Shanghai ranking worldwide according to the Financial Times International faculty Olin Executive MBA-St. Louis ranking in North America according to Poets & Quants for Executives Outstanding Professors and Peers With some of the brightest minds in business, Olin s faculty members are known for academic excellence, research productivity and innovative solutions to complex business problems. According to a 2009 study by the Financial Times, Olin s faculty ranks 22nd worldwide in research. Anjan Thakor, director of Olin s Doctoral Programs and John E. Simon Professor of Finance, ranks in the top 1 percent of the most prolific authors of leading finance journal articles*. Panos Kouvelis is the 15th most cited production and operations management scholar in the world. The Journal of Marketing named Stephen Nowlis, August A. Busch Jr. Distinguished Professor of Marketing, the 18th most productive marketing professor in the world, and the Diamond-Dybvig model, co-written by Phil Dybvig, Boatmen s Bancshares Professor of Banking & Finance, is the most cited paper on the role of bank liquidity and the financial crisis. Olin professors study cutting-edge management issues, develop game-changing business models, sit on editorial and corporate boards, lecture on important business topics, consult for major companies, and are recognized by a wide spectrum of respected institutions. Equally important, our faculty members are exceptional teachers. They employ a variety of teaching methods: case studies, computer simulations and applied-learning projects, for example. They also bring their research-driven mind-set into the classroom, pushing you to question assumptions, reframe problems and explore new ideas. Our professors graduated from the top universities in the United States. They are a diverse group with international backgrounds and upbringing in countries such as India, China, Israel, Greece and Germany. Our Olin full-time faculty also teach at our MBA program in Shanghai. Their international scope and perspectives inform our curriculum. Accessibility and responsiveness are trademarks of Olin faculty and staff. Our professors, administrators and coaches are committed to exceptional service and to making your learning experience engaging and productive. HIGH-CALIBER students The diversity of your Executive MBA classmates seniorlevel professionals who have a wide variety of backgrounds and come from diverse functional areas and industries enhances the quality of our program. You share insights and experiences with colleagues during class discussions, study group sessions and networking events. Our alumni create value for the Olin community. They volunteer as Century Club speakers and guest lecturers, sponsor numerous events and practicum projects, and serve as a regional business network for individuals and organizations throughout the Midwest. # th Olin Executive MBA-St. Louis ranking worldwide according to The Wall Street Journal Students average work experience (number of years) Average Executive MBA student age Olin s Executive MBA anniversary *According to Jean Heck and Philip Cooley in their article Most Prolific Authors in the Finance Literature: The article assessed the most prolific authors of research publications in the top seven finance journals over the past 50 years EMBA EMBA@wustl.edu

9 The Executive MBA faculty is excellent. Professors take the time to tailor course material to our interests and backgrounds and offer to meet with us outside the classroom to reinforce concepts, offer suggestions on group projects and also provide career advice. I really benefited from the faculty s open-door policy. AKASH SHARMA, MD, MBA 2010 Title: Assistant Professor, Radiology Organization: School of Medicine, Washington University in St. Louis Location: St. Louis Students come away from our Executive MBA Program with greater confidence in their ability to solve management problems and to make the right business decisions. As a result, they become more effective leaders and change agents within their organizations. TODD R. ZENGER, PHD Faculty Director, Executive MBA Program Robert & Barbara Frick Professor of Business Strategy Washington University Olin Business School 7

10 Defining leaders, redefining leadership A Dynamic Learning Environment In addition to outstanding professors and students, our Executive MBA is distinguished by its unique curriculum, its emphasis on high-priority management issues and an ongoing planning process that enables you to continually assess and develop your leadership capabilities. YEAR ONE YEAR TWO ONGOING GO! WEEK RESIDENCY Our St. Louis-, Denver- and Kansas City-based programs begin with a weeklong residency at our Charles F. Knight Executive Education and Conference Center on the Danforth Campus of Washington University in St. Louis. We introduce you to the Executive MBA curriculum, your program classmates and the Olin community. In addition, you ll meet your study team, engage in self-assessment exercises, and commit to personal and team goals. DEVELOPING THE GENERAL MANAGEMENT PERSPECTIVE During your first year in the program, you learn fundamental business disciplines, functions and processes. You also develop critical-thinking, analytic, quantitative, negotiation and problem-solving skills. Case studies, skill-building exercises and class assignments encourage you to apply what you ve learned to your job. STRATEGIC CHALLENGES The second year of the program focuses on complex business problems and addresses four main themes: Leadership, Innovation & Creativity, Growth & Sustainability, and Global & Emerging Markets. The themes were developed in partnership with our corporate friends, who identified areas critical to business success. INTERNATIONAL MANAGEMENT RESIDENCY You and your classmates spend 10 days in Shanghai, China, one of the world s most influential business centers, with our Shanghai-based Executive MBA program ranked No.9 worldwide by the Financial Times. Through our joint venture with Fudan University, an established and well-respected executive education provider in China, we offer you unique access to executives from American and Chinese multinational companies, leaders from foreign-owned corporations, and Chinese government officials. You study global markets, observe cultural differences in business practices and learn about the challenges faced by international corporations. PROFESSIONAL DEVELOPMENT PLANNING As cited in The Wall Street Journal, we integrate career management into our leadership curriculum. Consequently, our Professional Development Planning (PDP) model is designed to engage you from the time you begin the Go! Week Residency through your post graduation years as one of our alumni. As part of the PDP process, you set five-year career goals and assess your current skill set. We combine conceptual frameworks, application exercises, assessments and peer/instructor feedback to help you create your own plan for leveraging strengths and identifying areas that need improvement. As a result, you gain personal and professional insight along with the knowledge and tools to develop employees within your organization. We offer confidential, one-on-one career coaching during and after the program. Our Executive MBA career coach uses your PDP assessments and leadership course work to help you advance your position at your current firm or transition to a new discipline, company or industry. We also provide individual leadership coaching during your second year in the program. We gauge the relevance of our Executive MBA Program not only by what our students learn but also by how quickly they apply new practices and procedures on the job. It s especially gratifying for me to teach a concept on Saturday and have my students take that knowledge to their organizations Monday morning. TODD MILBOURN, PHD Hubert C. & Dorothy R. Moog Professor of Finance Washington University Olin Business School EMBA EMBA@wustl.edu

11 Graduation International Management Residency and Capstone Project Strategic Challenges Innovation & Creativity Growth & Sustainability Global & Emerging Markets - Complex, cross-functional issues - - Unstructured problem solving - - Leading and managing in an unpredictable environment - Leadership - Midpoint personal audit - Developing the General Management Perspective Finance and Accounting Organizational Behavior Economics Marketing Operations Strategy Data Analysis - Critical thinking - - Analytic and quantitative tools - - Negotiation and problem-solving skills - - Case studies - - Skill-building exercises/assignments - Professional Development Planning - Personal assessment - - Peer coaching - - Goal audit - - Career coaching - Go! Week Residency Strategy Team Development Ethics - Set foundational objectives - - Professional Development Plan - - Self-assessment - 9

12 Defining leaders, redefining leadership Olin Alumni Redefining Business Many Olin graduates have made significant career strides with their Executive MBAs. What could you do with yours? Ricardo Braganca, MBA 2008 Before Olin: Business Development Consultant CitiFinancial International Today: Chief Executive Officer-Brazil, Argentina & Chile Assurant Solutions Sara Wade, MBA 2007 Before Olin: Director, Compensation & Employee Relations Peabody Energy Today: Senior Vice President & Chief Human Resources Officer Express Scripts Seth Burgett, MBA 2009 Before Olin: R&D Core Team Leader Bausch & Lomb Today: President & CEO Yurbuds Joseph Baudo, MBA 2009 Before Olin: Account Executive Bear Stearns Today: Chief Operating Officer Summit Steel You have access. Interactions with internationally recognized executive-level guest speakers and access to over 17,500 accomplished alumni enrich your Olin experience by allowing you to tap into their knowledge EMBA DAVID STEWARD President & CEO, World Wide Technology

13 Jesse Hunter, MBA 2006 Before Olin: Director, Mergers & Acquisitions Centene Today: Executive Vice President, Operations Centene Michael Crews, MBA 2004 Before Olin: Director, Financial Planning Peabody Energy Today: Executive Vice President & Chief Financial Officer Peabody Energy Pierre Courduroux, MBA 2003 Before Olin: Manager, Global Business Analysis Monsanto Today: Senior Vice President & Chief Financial Officer Monsanto Shelley Lavender, MBA 2003 Before Olin: Program Manager The Boeing Co. Today: Vice President & General Manager, Global Strike The Boeing Co. NEAL PATTERSON CEO, Chairman & President, Cerner SALLY ROTH, MBA 1995 Area President, Regions Financial

14 The unique capabilities of our professors, in areas such as growth, globalization, innovation and leadership, distinguish our Executive MBA Program. Our curriculum themes are informed by knowledge that comes from faculty research, teaching and consulting rather than from textbooks or business periodicals. ANJAN THAKOR, PHD Director of Doctoral Programs and John E. Simon Professor of Finance Washington University Olin Business School When my study team members outlined their bios, I thought to myself, Wow, these individuals have accomplished great things. I was really excited to be part of the Executive MBA Program and the network it provided. For me, there was a huge creative advantage to sharing an educational experience with people whose perspectives were different from my own. ALEJANDRO RUELAS, MBA 1995 Title: Co-founder, Chief Marketing Officer and Managing Partner Organization: LatinWorks Location: Austin, Texas EMBA EMBA@wustl.edu

15 Defining leaders, redefining leadership Executive MBA St. Louis We structure our Executive MBA Program to accommodate your professional and personal responsibilities. Our convenient format accommodates business professionals in St. Louis and the surrounding region. All classes are taught by senior Olin faculty and supported by a cutting-edge curriculum and world-class facilities. EXECUTIVE MBA PROGRAM IN ST. LOUIS Format Program begins in April and September Classes meet monthly on Thursdays, Fridays and Saturdays, 8 a.m. to 6 p.m. in the Knight Center Program length is 20 months THE CHARLES F. KNIGHT EXECUTIVE EDUCATION AND CONFERENCE CENTER Designed to facilitate learning, productivity and informal interaction between professors and students, the five-story, 135,000-square-foot center, on the campus of Washington University in St. Louis, is completely self-contained. The building features classrooms of all shapes and sizes; conference, meeting and study group rooms; bedrooms; dining areas; lounge areas; snack rooms; and a host of amenities such as simulcast capabilities, wireless Internet access, guest accommodations, concierge services, a pub, a fitness room and a business office with computers, printers, copiers and office supplies. As a student in Olin s Executive MBA Program, you share insight and experiences with others at the top of their game accomplished executives with an intense desire to learn and succeed. A typical Executive MBA class comprises students who: Represent Fortune 500 companies, small businesses, private firms and nonprofit agencies. Possess strong academic credentials about 30 percent hold advanced degrees. Have widely diverse functional backgrounds and come from varied industries and geographic areas. Enhance your network locally, nationally and globally. Washington University offers a dynamic learning environment in St. Louis, including the luxurious Knight Center, located on the main Danforth Campus. 13

16 Defining leaders, redefining leadership Executive MBA Denver Business professionals in the Colorado front range and beyond can take their careers to the next level and redefine their leadership skills with Olin s top-ranked Executive MBA. This rigorous program provides access to a brand name degree that s proven to be a passport to success for Olin alumni all over the globe. In addition to our Executive MBA, Olin offers a Thought Leadership Series engaging discussions on key regional business issues with Olin faculty. Olin Business School s emphasis on strategic thinking and experiential learning aligns with the entrepreneurial and innovative spirit of Denver. Our transformative and customized curriculum goes beyond functional skills, competitive advantage and risk management themes, and emphasizes innovation, breakthrough entrepreneurship, sustainable growth and global leadership. EXECUTIVE MBA PROGRAM IN DENVER, CO Format Program begins in September Class begins with a week-long residency in the Knight Center at Olin Business School Year-one courses meet once per month on Thursdays, Fridays and Saturdays in Denver Year-two theme-based classes meet once per month on Thursdays, Fridays and Saturdays in the Knight Center in St. Louis Program length is 20 months Members of Olin Business School s full time, tenured faculty teach in all our locations and courses using case method, interactive lectures and team-oriented projects with a real-world application EMBA EMBA@wustl.edu

17 Defining leaders, redefining leadership Executive MBA Kansas City Individuals in the greater Kansas City area can benefit from Washington University s executive education portfolio. In addition to our Executive MBA, Olin offers a Thought Leadership Series engaging discussions on key regional business issues with Olin faculty. EXECUTIVE MBA PROGRAM IN KANSAS CITY, MO Format Program begins in April Class begins with a weeklong residency in the Knight Center at Olin Business School Year-one core courses held monthly in Kansas City Year-two theme-based classes are held monthly on the campus of Washington University in St. Louis Format: meet once a month on Thursday, Friday and Saturday, 8 a.m. to 6 p.m. Location: The Kansas City Club Program length is 20 months THE KANSAS CITY CLUB Olin s Executive MBA in Kansas City meets at the Kansas City Club, nestled in Kansas City s historic Library District. Since its founding in 1882, the club has been providing a comfortable and intimate setting for exceptional dining, full-service catering, celebratory and business events, and a fitness center with personalized services. The classroom space is fully equipped with Wi-Fi and audiovisual equipment. Students have access to private meeting rooms and receive free parking. Kansas City is home to several Fortune 500 companies ranging from telecommunications to consumer products to financial services. 15

18 Our success in Shanghai China s global business center has exceeded our most optimistic expectations. The majority of our Shanghai graduates are executives or senior-level managers in leading organizations throughout Asia. These professionals have had a profoundly positive impact on the region. JAMES T. LITTLE, PHD Faculty Director, Executive MBA Program Donald Danforth, Jr. Distinguished Professor of Business Washington University Olin Business School I found the Executive MBA Program culture to be extremely open. Faculty members encouraged students to ask questions and engage in discussions. The interactive learning environment was instrumental to students success in the program. MICHAEL SUN, MBA 2010 Title: President Organization: Tsingtao Brewery Location: Qingdao, China EMBA EMBA@wustl.edu

19 Defining leaders, redefining leadership Executive MBA Shanghai, China China s first joint venture in management education, the Washington University-Fudan University Executive MBA Program was launched in Our program quickly developed a reputation for excellence. The Financial Times has ranked our program No. 9 worldwide. Defined by its unprecedented level of diversity, our program attracts professionals from countries throughout Asia and Europe. Our graduates hold leadership positions in multinational companies around the world. At the end of the program, students complete a two-week residency at Olin and interact with the current St. Louis, Denver and Kansas City Executive MBA Program classes. Together, the classes benefit from sharing best practices, tapping into each other s networks and learning about diverse functional backgrounds and industries. EXECUTIVE MBA PROGRAM IN SHANGHAI, CHINA Format Program begins in May Taught entirely in English Classes meet monthly, Friday through Monday, at the School of Management at Fudan University in Shanghai, China Two-week capstone session at the Charles F. Knight Executive Education and Conference Center on the Danforth Campus of Washington University in St. Louis Program length is 18 months FUDAN UNIVERSITY Founded in 1905, Fudan University is one of China s most prestigious academic and research institutions. The School of Management was a pioneer in the country s management education, establishing an MBA program in Twenty years later, more than 8,000 graduates are leading China s economic development and amplifying its financial strength. Our Executive MBA-Shanghai degree is recognized by China s Ministry of Education. Located in one of the world s largest finance hubs, Fudan University in Shanghai provides students with a rich learning atmosphere. 17

20 Defining leaders, redefining leadership Admissions and Application Guidelines We encourage you to speak with one of our admissions team members about our program requirements. In general, successful Executive MBA candidates share the following attributes: Ability to execute graduate-level course work and commit to completing a 20-month program Eight or more years of professional experience Demonstrated career progression Business expertise that will contribute to the overall learning in the classroom The desire to help their organizations grow and to motivate fellow employees around common goals The ability to collaborate and work as a team Support for the time commitment In most cases, we don t require GMAT or GRE test scores, but under certain circumstances, the admissions committee may require your scores to demonstrate quantitative ability. We may request additional documentation as needed. TUITION AND FINANCIAL AID We post our current tuition rates on our website at You may be able to obtain financial support from your organization. Student loans are available for participants who do not receive full financial support. Contact our Financial Aid Office at for more information. COMMITMENT LETTER AND RECOMMENDATION FORM A letter of commitment is required from the appropriate officer in your organization to acknowledge the time commitment to the program and any agreement for financial support. If you re self-employed, you should provide a statement of self-commitment. We also require two recommendation forms. At least one recommendation should be written by an immediate supervisor or a senior-level person in your organization. These recommendation forms should address your professional achievement; potential for future success; ability to handle graduate-level course work; and personal qualities such as integrity, drive and leadership capabilities. APPLICATION PROCESS 1. Go to to complete your application online. 2. Request that appropriate institutions or individuals submit: Official transcripts from all previous undergraduate and graduate work. The commitment letter and two recommendation forms, addressed to: Executive MBA Admissions Committee. 3. During the admissions process, you will be invited to be interviewed by members of the Executive MBA Admissions Committee. Olin is accredited by the AACSB (Association to Advance Collegiate Schools of Business), the world s leading accreditation organization for business schools. The accreditation certifies that our Executive MBA Program meets or exceeds a wide range of rigorous quality standards for curriculum, research, admissions, graduation requirements and resources EMBA EMBA@wustl.edu

21 You can do it. That s what I tell people when they ask me about Olin s Executive MBA Program. For one thing, the course schedule is fixed, so you know what your life will be like, and you can plan around the 20-month class schedule. You also receive tremendous support from Olin faculty, Olin staff and your study team. Everyone pulls for your success. CHERYL POLK, MBA 2009 Title: Executive Vice President and Chief Strategy and Engagement Officer Organization: United Way of Greater St. Louis Location: St. Louis To earn back-to-back Executive MBA degrees, we stayed regimented and organized, relied on a strong network of friends, and made sure our individual expectations matched our family expectations. The Olin experience and payoff have been incredible. ELLEN MCCORMICK, MBA 2010 Title: Senior Director, Biomanufacturing Sciences Organization: Pfizer Location: St. Louis DAVE MCCORMICK, MBA 2009 Title: Director of Business Strategy and Operations, Biotherapeutics Pharmaceutical Sciences Organization: Pfizer Location: St. Louis 19