MBA. Master of Business. Administration

Transcription

1 MBA Master of Business Administration

2 At Rutgers Camden, MBA students have the enviable advantage of working in a small professional school. With a student-faculty ratio of 30:1, you ll enjoy close contact with highly accomplished professors who will become coaches as well as your dedicated teachers. These faculty members appreciate the maturity and real-life awareness that graduate students bring to the learning experience, and they work diligently to further hone their students skills.

3 The Rutgers School of Business Camden Master of Business Administration Program DEVELOPING TRANSFORMATIONAL BUSINESS LEADERS The foundation of the MBA experience at Rutgers University Camden is a rigorous academic curriculum that provides every student with extensive knowledge in all disciplines of business. The Rutgers Camden MBA experience will change the way you think and help you transform yourself professionally and personally. This program will prepare you for a successful career by providing a stimulating learning environment in a small-class setting. Our personalized attention will help you enhance your analytical thinking capabilities and develop a global and strategic view of a dynamic fastchanging world. You will be taught by award-winning, internationally recognized faculty who are creating cuttingedge research knowledge. The environment at the Rutgers School of Business Camden is friendly and collegial. You will meet fellow students who are professionals in a wide variety of industries that will enhance the class environment and provide you with the opportunity to build a network that will boost your career. Rakesh B. Sambharya, Ph.D. Associate Dean of Graduate Programs Professor of Management and International Business IN THIS BOOKLET Program Overview Curriculum Personalized Education Dual Degree Programs Scholarships Global Opportunities Our Community How To Apply

4 PROGRAM OVERVIEW The Master of Business Administration (MBA) program at the Rutgers School of Business Camden is designed to provide you with a broad professional education in business administration that will prepare you for the increasingly complex demands of management. The Rutgers Camden MBA is designed with the working professional in mind and the program conveniently offers classes in the evening and on Saturdays. The majority of students in the program are enrolled part-time, although students can opt to complete the program on a full-time basis. The Rutgers Camden MBA offers you a deep appreciation of the enterprise as a whole, with courses in policy and strategy as well as the basic functions of business, such as accounting, finance, marketing, MIS/ecommerce, operations management, and international business. You will have the opportunity to take elective courses in these functional areas as well as entrepreneurship, finance, human resource management, and management. Graduates of the program typically seek employment with service and industrial businesses, government, and nonprofit organizations. I feel this experience has made me a stronger leader. I better understand and communicate the management, financial and operational decisions that are made to increase the value of our organization. Sue Slominski (2013) Senior Director, Media Services Comcast AACSB Accredited The Rutgers Camden MBA is accredited by the Association to Advance Collegiate Schools of Business, which represents the highest standard of achievement for business schools worldwide. Less than 5% of the world s 13,000 business programs have earned AACSB accreditation.

5 My basic philosophy is to bring realworld applications to every topic that I teach. In doing so, I believe it helps students understand and remember the material better and, thus, enables them to more effectively apply their knowledge learned in the classroom to their jobs. In my MBA courses I apply recent advances in marketing science and theory to real life cases and everyday marketplace situations. I encourage active learning by engaging students in discussions, thought-provoking exercises and teamwork. Many MBA students have extensive business experience in various fields and are able to share and offer insights from their industries. As a professor and practitioner, I never found an economic or financial theory not useful for managing an organization. Some are more useful than others. The MBA program is fun to teach because students can immediately apply what they ve learned in the classroom to their current job. I feel that I am not only a teacher, but also a mentor. I encourage my students to interact with me, as well as their fellow students, both in and outside of the classroom about work experiences, ideas, and questions, as these interactions can establish new and diverse perspectives. Chon-Huat Goh Associate Professor of Management Yuliya Strizhakova Assistant Professor of Marketing Richard Michelfelder Clinical Associate Professor of Finance Julie Hancock Assistant Professor of Management

6 CURRICULUM The Rutgers Camden MBA program offers an appreciation of the total enterprise. The curriculum consists of 54 credits, comprised of courses that lay a foundation for excellence in managerial decision making. The program includes fifteen required courses (45 credits) and three elective courses (9 credits). Some course requirements may be waived based upon prior knowledge gained at the undergraduate level. Foundation courses (can be waived*) Managerial Economics Managerial Skills Quantitative Skills Accounting for Financial Reporting Core courses (cannot be waived) Accounting for Managerial Decisions Financial Management Operations Management: Productivity & Quality Leadership & Managing Human Capital International Business Environment Managing Projects & IT Marketing Management Financial Statement Analysis Corporate Social Responsibility, Ethics & Law Business Analytics Strategic Management: Integrating the Enterprise The Rutgers Camden MBA Program ties educational concepts to real-world applications, which is invaluable for working professionals. I can take the knowledge that I learn in class and apply it to the work that I do on a regular basis. Nicole Raschella (2014) Senior Finance Analyst Lockheed Martin *MBA Course Waiver Policy For most students, waivers may be granted for up to four foundation courses. For JD/MBA students, waivers may be granted for up to three courses. Please note that we are not able to grant course waivers for on-the-job experience, work-related training courses, or certificate courses. Coursework must be taken at an accredited four-year college or university in the last ten calendar years. We are not able to grant waivers for courses taken at community colleges.

7 CONCENTRATIONS The Rutgers Camden MBA has several concentrations that allows you to focus on a specialty that customizes your education to fit your career goals. Although concentrations are not required, choosing one will allow you to demonstrate specialized knowledge of a particular business function or industry, based on your career direction. The Entrepreneurship Concentration enables you to develop skills to launch a new business, convert an idea into reality, be involved in the total operation of a business (from concept to creation), develop a venture in an established firm, or become a consultant to bring about change in firms. This concentration encourages you to generate new sources of enterprise, come up with innovative business ideas, and create new jobs. The Finance Concentration provides solid theoretical and practical knowledge of domestic and international finance in the areas of corporate finance, financial derivatives, investments, portfolio management, financial markets, and institutions. This concentration provides preparation for positions in corporations, financial institutions, brokerage houses, and investment banks. The International Business/Operations Management Concentration prepares you to lead and understand the global environment and how it affects your organization. The MBA with a concentration in International Business/Operations Management combines the technical aspects of operating systems with the practical aspects of the contemporary business environment. The Management Concentration provides training in analyzing problems, making decisions, delegating assignments, training and supervising employees, budgeting, and coordinating, as well as the tools needed by top-management leaders. You can choose from electives in Management, Human Resource Management, Ecommerce and Information Technology, Operations Management, and Entrepreneurship. The Marketing Concentration provides knowledge to help firms create value for customers. This concentration involves understanding customer needs and desires, developing unique and superior products and services, and developing and communicating compelling brand messages. Marketing courses help you develop skills in strategic, conceptual and analytical thinking. Career paths for this concentration include brand management, market research, retail management, and professional sales. *For those interested in an Accounting specialization, please visit for information regarding our Professional Master of Accountancy program.

8 , THE RUTGERS EXPERIENCE PERSONALIZED Through a combination of case studies, seminars, guest speakers, team projects, and simulations, our professors turn complex concepts into useful tools that you will use throughout your career. Small class sizes provide a dynamic learning environment that will allow you to build strong relationships with your classmates and professors. The MBA Student Association is a student-run organization responsible for providing networking opportunities for current MBA students with peers, faculty, and alumni. The association assists in organizing executive dinners, trips to local companies for tours and information sessions, and acts a resource for students and alumni to enhance professional development. The MBA Student Association sponsors several events each semester that allow students to engage in conversation outside of the classroom setting. The purpose of these events is to establish a strong camaraderie with peers and to build a professional network foundation that can be utilized after graduation. Each professor was very thoughtful to the students, knowing that most of us are employed full-time, among other commitments. Having said that, they are relentless in their education, always providing real-world examples of how our class work applies directly to what is going on in the world and in the workplace. Kyle Seidel (2012) Financial Analyst Campbell Soup Company Being involved in the MBA Association, I was able to better the community around me by establishing charitable drives and service events in Camden. I have continued this service after graduation and it has been rewarding beyond my expectations. Matt Raposo (2011) Finance Manager L-3 Communications The Rutgers Camden MBA Executive Lunch Series brings together students and leading business executives. Once a semester, executives take time out of their busy schedules to share their stories with MBA students and discuss their business or profession. Some of our recent guests are graduates from the MBA program and include: Jon Geisler ( 79), Vice President, McLaughlin Asset Management Ninfa Saunders ( 79), President and CEO, The Medical Center of Central Georgia (formerly President and COO of Virtua Hospital) Mark Baiada ( 69), President and Founder, Bayada Nurses Thomas Cellucci ( 91), Chief Commercialization Officer, U.S. Department of Homeland Security

9 Many of our MBA students balance family life, work, and school work, so I don t want my students wasting their time memorizing terms. I focus on how to apply academic knowledge and theory to real-world business issues. By working with students to tackle high-level management scenarios, I hope to give them a broad, executive perspective that helps them achieve their goals. Shoko Kato Assistant Professor of Management I believe my responsibility as an instructor is to challenge my students to maximize their learning. I work hard to create an interactive environment in which the students feel encouraged and are able to acquire the accounting knowledge and skills they need. Ivo Jansen Assistant Professor of Accounting My goal is to help students learn current, research-based content in information systems, ecommerce, and project management, as well as to acquire and refine multiple skills, methodologies and problem solving approaches, so that they are empowered to competently solve important organizational and societal problems involving IT strategy. Julie Kendall Professor of Management I encourage students to develop a personal goal of continuous improvement and to think of expanding the pie for all. Briance Mascarenhas Professor of Management

10 DUAL DEGREE JD/MBA and MD/MBA PROGRAMS The Rutgers School of Business Camden offers joint-degree programs that allow you to earn two degrees in significantly less time than it would take to earn them separately. In cooperation with the School of Law Camden, the business school offers a JD/MBA dual-degree program for students interested in pursuing a J.D. and MBA degree. The Rutgers School of Business Camden has also partnered with the UMDNJ-Robert Wood Johnson Medical school to offer the MD/MBA degree. JD/MBA As the legal environment of business becomes ever more important and intense, businesses and organizations face greater and numerous challenges that involve management and the law. Individuals with skills in both general management and its surrounding legal context have become extremely valuable employees in the private or public business sectors and in the legal profession. Law firms require sound management decisions, and their clients often require attorneys with the ability to comprehend the complexities of business. Likewise, effective business managers and entrepreneurs must comprehend the legal environments in which they operate. The Rutgers Camden JD/MBA program prepares students to consider the legal side of business and the business aspects of law. The program helps MBA students understand the value of legal expertise for any organization, and builds a solid foundation in management for law students. Our celebrated faculty will challenge you, and our curriculum will give you the practical and analytical skills you need to excel in business and the law. MD/MBA The medical profession is becoming increasingly complex, and physicians are no longer exclusively involved in clinical care and research. They must be ready to become leaders in the business of practicing medicine, which will ultimately result in improved healthcare. An MD/MBA degree provides essential management education that aids physicians in understanding the large impact that the business of healthcare has on patients. An MBA also provides essential skills to physicians who own a private practice or are thinking of starting a business. Other career options for MD/ MBA students are wide ranging and may include becoming a director of a public healthcare agency, a medical director or a consultant to pharmaceutical companies. The cross-disciplinary study in the JD/MBA program will assist me throughout my entire career, whether I work for a corporation, law firm, or government agency. It provides me a foundation for a variety of positions and will open doors in both law and business. Erin M. Fay (2007) Assistant Prosecutor Camden County Prosecutor s Office

11 I have always possessed an unquenchable curiosity about emerging information technologies. I especially enjoy introducing the latest innovations to my students. While I am conducting my research or revising my textbooks, I am sharing new methods, new applications, and new technologies with my students. Kenneth Kendall Distinguished Professor of Management I enjoy teaching strategy and sparking my students imaginations in class by providing them with the right tool kit to analyze and think of out-of-the-box solutions for complex business problems. With the business environment changing rapidly, being able to analyze the firm as a whole is a critical skill, and it is very rewarding to see my students visions and perspectives broaden every day. Anuja Gupta Assistant Professor of Management An instructor is a facilitator, sharing responsibility with everybody in the classroom for the learning process. A facilitative atmosphere for learning is achieved via mutual caring and understanding where the instructor and the students both learn from one another. This sharing of power and authority encourages rapid, deeper learning and stimulates creativity and self-direction. Alok Baveja Professor of Management Business has access to a lot of quantitative and qualitative data these days, and so the need for analytical and decisionmaking skills is more important than ever. Armed with business skills and knowledge acquired during the MBA program, our graduates quickly increase their contributions to their firms and accelerate career advancement in the process. Julie Ruth Associate Professor of Marketing

12 GLOBAL OPPORTUNITIES The International Study program at the Rutgers School of Business Camden is a unique alternative to traditional three-credit courses. The emphasis is on integrating brief periods of travel with regularly offered courses. During the Spring term, we offer one or two courses to extend the work of the classroom into a first-hand experience of cultural life outside the United States. South Africa Study Program The South Africa Study Program gives Rutgers School of Business Camden students a first-hand look at how business is conducted in an emerging growth market. The program s highlight is a 12-day trip to South Africa where students and faculty meet with businesses and government agencies to learn about the business practices in the region. Business meetings in Cape Town, Johannesburg, and other locales are the core of the itinerary. Sightseeing and visits to cultural institutions round out this once-in-a-lifetime academic experience. Cape of Good Hope, South Africa The South Africa International Study Program was the most outstanding experience of my MBA studies. It galvanized many of the abstract academic principles I had covered in courses such as International Business and Global Marketing. With this trip and course, the Rutgers School of Business has created and refined a program so special presenting such a unique educational and personally transformative opportunity that every MBA candidate, regardless of their concentration or career path, should find a way to accommodate it in their course of study. It s something you would never regret nor ever forget. Jeff Turin (2002) President Propellerheads, Inc.

13 Brazil Study Program The Rutgers School of Business Camden (RSBC) offers a three-credit course that introduces the concepts, framework and issues of doing business in Brazil and Latin America. The program highlight is an eight-day study trip to Brazil. In addition to a strong academic component, students visit businesses, government institutions, as well as world-famous landmarks and cultural / historic sites and attractions to learn more about business practices in this region. The trip includes stays in Rio de Janeiro and other venues. Learning opportunities arise in all facets of the course, including meetings with small and medium-sized enterprises, global companies and government entities. Other highlights include: Christ the Redeemer (Corcovado), one of the seven wonders of the world Sugar Loaf Mountain (Pao de Acucar), a famous Brazilian landmark Visit to an urban rainforest Rio de Janeiro, Brazil

14 WORLD RENOWNED EDUCATION WITHIN YOUR REACH At the Rutgers School of Business Camden, we recognize the importance of an affordable high-quality education and are dedicated to helping you achieve your goal. Our scholarship recipients are highly accomplished individuals who match the school s mission of recruiting and retaining talented students and training them to become transformational business leaders. First-year applicants with exceptional academic records may qualify for one of our many honors scholarships* ranging from $3,000 to $8,000. The Academic Excellence Scholarship: This scholarship is awarded to MBA students who are New Jersey residents and have at least a 650 GMAT score. The Meritorious Achiever Scholarship: This scholarship is awarded to MBA students who are New Jersey residents and have at least a GMAT score. The Budding Scholar Scholarship: This scholarship is awarded to MBA students who are New Jersey residents and have at least a GMAT score. The Academic Excellence Delaware River Scholarship: This scholarship is awarded to students who permanently reside outside the State of New Jersey, and who have at least a 650 GMAT score. The Delaware River Meritorious Achiever Scholarship: This scholarship is awarded to students who permanently reside outside the State of New Jersey, and who have at least a GMAT score. The Delaware River Budding Scholar Scholarship: This scholarship is awarded to students who permanently reside outside the State of New Jersey, and who have at least a GMAT score. for more information, visit: rsbc.rutgers.edu/mba/scholarships *MBA scholarship awards are applied directly toward tuition and fees and are equally distributed over the academic year (Fall and Spring terms; Summer is optional). To retain their scholarships, students must maintain a 3.5 cumulative GPA, be enrolled in six or more credits each semester, and not receive a C grade or lower.

15 WORLDWIDE NETWORK OF ALUMNI Rutgers provides you with invaluable experiences, contacts, and networking through our world-renowned reputation, large alumni base, and opportunities for you to meet business leaders inside and outside the classroom. We give you the experiential education, networking connections, and confidence you will need as you work towards your career goals. Be a part of the Rutgers network of over 400,000 alumni! Being a member of this accomplished group will provide you with great opportunities to make many connections throughout the United States and the world. 22 countries and 38 states make up the Rutgers Camden student body

16 WHY AN MBA DEGREE? The goal of the Rutgers Camden MBA program is to provide you with a management education that will develop ethical, inclusive and transformational business leaders and prepare you for greater success. We achieve this goal through our innovative curriculum and our leading-edge scholars. Our graduates accelerate their careers and are well positioned to make an impact in the global business world. Career Statistics According to the 2012 Graduate Management Admission Council (GMAC) survey, employers in today s market are looking for individuals who have the skills to lead, innovate, solve problems, think critically, and plan strategically. Companies are looking for graduates who are team players and have high ethical standards, ability to work under stress, willingness to learn, flexibility, resiliency, and ability to focus on results. The Rutgers Camden MBA Program helps students develop these traits and guides them to be well-rounded in all aspects of being a manager and leader. Top Industries for MBA Graduates* New Grad Entrants 2012 Average Salary New Grad Entrants 2012 Average Salary Leadership and Managerial Skills Sought in New Hires** Professional, 42,000 Scientific, l al, Services Scientific, and Technical and Technical Services Services Educational 19,900 Educational Services l Services Services Finance and Insurance Finance 19,100 and Insurance nsurance Federal, State, and Local deral, Government State, and Local Government 14,800 ernment 42,000 19,900 19,100 14,800 $70,100 $74,200 $66,900 $66,000 $70,100 $74,200 $66,900 $66,000 % of decision makers 80% 60% 40% 20% 0% 60% 58% 57% 53% Leadership Skills % of decision makers 80% 60% 40% 20% 0% 79% 73% 73% 54% 51% Managerial Skills *Data provided by NACE Salary Survey, January 2013 **Data provided by the 2012 GMAC Corporate Recruiters Survey

17 OUR COMMUNITY Location Rutgers Camden is located in the heart of the vibrant Camden Waterfront District, which attracts over three million visitors a year. The Camden campus is situated alongside the Benjamin Franklin Bridge, minutes from historic Philadelphia. The campus can be easily accessed by two of the most frequented regional rail systems. The New Jersey Transit River LINE light-rail system has a stop on the Rutgers Camden campus at Third and Cooper Streets. PATCO Speedline offers easy access from southern New Jersey and Philadelphia. The City Hall station at Fifth and Market Streets, one block from campus, is the Rutgers Camden stop. View of Philadelphia from Camden s Waterfront Life on Campus Rutgers Camden s new graduate housing building, 330 Cooper, provides all the benefits of home and a touch of luxury. Each apartment is fully furnished and has a modern kitchen that includes wooden cabinets, a stainless steel refrigerator, stove, and dishwasher. There s also Wi-Fi, Direct TV with premium channels, individually controlled heat and air conditioning and convenient retail outlets on the ground floor. Admissions Building Athletic & Fitness Center Amenities such as a business center, no-cost laundry and study spaces help you stay ahead of the curve. Gathering spaces, such as the rooftop deck, provide the perfect place to meet with friends or simply enjoy sweeping panoramic views of the Delaware River, Philadelphia and Camden. view 330 Cooper housing at: housing.camden.rutgers.edu/post_grad 330 Cooper Graduate Student Housing

18 HOW TO APPLY Admission Requirements Admission to the MBA program is made for the fall, spring, or summer semester. Applicants to the program should have completed their baccalaureate degree prior to beginning the graduate program. Admission to the MBA program is based on evidence of each candidate s ability, aptitude, and potential for success in the program. The associate dean of graduate studies and the admissions committee review the applicant s undergraduate transcripts, Graduate Management Admissions Test (GMAT) score or the Graduate Record Exam (GRE) score, letters of recommendation, résumé, and personal statement of career objectives. The candidate s leadership and management experience is evaluated. Applicants to the Rutgers Camden MBA program are required to provide the following: An online application (Program code: 53135) Application fee ($65, non-refundable) Original undergraduate and graduate transcripts A personal statement Two letters of recommendation GMAT or GRE (Standardized Test Exemption for applicants with a J.D., M.D. and Ph.D. degree) A current résumé For more information please visit: gradstudy.rutgers.edu

19 International Applicants are also required to submit TOEFL, IELTS or PTE scores and Financial Statement Documentation. It is recommended that you obtain a transcript evaluation from an outside agency for U.S. equivalency. We recommend World Education Services (wes.org) or another organization that is certified by NACES (naces.org). Conditional Admission to Rutgers from the Office of International Students: Students who do not have the required English language proficiency for undergraduate or graduate admission to Rutgers University Camden, but are academically eligible, may be considered for conditional admission. International Students with 3-year undergraduate degrees: Generally speaking, three-year degrees from outside of the United States (i.e. United Kingdom, India, etc.) are not considered to be equivalent to U.S. bachelor s degrees, which is the minimum requirement for admission to the Rutgers Camden MBA program. However, a three-year bachelor s degree earned in Division I and II at institutions accredited by the National Assessment and Accreditation Council (NAAC) with a grade of A are viewed by Rutgers School of Business Camden as equivalent to a U.S. bachelor s degree. All other three-year degrees are regarded as equivalent to three years of undergraduate study. If the World Education Services (WES; wes.org) or another member of the National Association of Credential Evaluation Services (naces.org) evaluates your credentials and indicates that they are equivalent to an U.S. bachelor s degree, we will consider your application for admission. We recommend the Comprehensive Course-by-Course Report provided by WES.

20 Photography: David Michael Howarth Robert J. Laramie Rory Maradonna Nick Romanenko Program Website rsbc.rutgers.edu/mba Contact Information Apply Here gradstudy.rutgers.edu Rutgers Financial Aid Office studentaid.rutgers.edu Federal Financial Aid fafsa.ed.gov