THE EXECUTIVE MBA PROGRAM
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1 THE EXECUTIVE MBA PROGRAM INQUIRY. INSIGHT. IMPACT.
2 CHICAGO BOOTH FIRSTS CHICAGO BOOTH IS A LEADER IN MANAGEMENT EDUCATION. HERE IS JUST A SAMPLING OF OUR MANY FIRSTS: 1928 FIRST SCHOLARLY BUSINESS JOURNAL 1982 FIRST BUSINESS SCHOOL TO HAVE A NOBEL LAUREATE ON ITS FACULTY 1943 FIRST EXECUTIVE MBA PROGRAM FIRST AND ONLY US BUSINESS SCHOOL WITH PERMANENT CAMPUSES ON THREE CONTINENTS: NORTH AMERICA EUROPE ASIA 1997 FIRST BUSINESS SCHOOL TO HAVE SIX NOBEL PRIZE WINNING FACULTY MEMBERS
3 THE UNIVERSITY OF CHICAGO AND CHICAGO BOOTH Part of the world-renowned University of Chicago, Chicago Booth is the secondoldest business school in the United States and one of the most distinguished. Our pathbreaking research and our innovations in business education including developing the first executive MBA program have produced ideas and leaders that shape the world of business. Our unparalleled faculty is famous for producing theories that change business practice. The university is home to more than 80 Nobel laureates, seven of whom have been Booth faculty. The Chicago Approach to Business Education Grounded in a fundamentals-based understanding of how organizations function, markets work, and people make decisions, our approach to business education resonates beyond the classroom. It s a distinct way of learning, analyzing, and behaving in the world. At Chicago Booth, we believe in data over dogma. You and your classmates will harness your experiences and the power of open, rigorous, and thoughtful inquiry to challenge assumptions and test and refine ideas. The Chicago Approach becomes a signature of our alumni s personal brand, giving them the ability to see connections that transcend accepted wisdom and empowering them to have greater and more enduring impact. 1
4 Gleacher Center, Chicago THE WORLD S PREMIER EXECUTIVE MBA PROGRAM In 1943, Chicago Booth began the Executive MBA Program, the first of its kind in the world. Today, we remain leaders in the field. With permanent campuses on three continents, all offering the same courses, the same distinguished Chicago Booth faculty, and the same prestigious MBA degree, the program can truly be called pure Chicago. 2
5 FORMAT & LOCATIONS Even though application is made to a primary campus (Chicago, London, or Hong Kong), students study at all three locations and get firsthand access to business leaders from around the world. The following is true for all Executive MBA students, regardless of their campus: Program Starts June Length of Program 21 months Courses per Quarter 2 3 Core Curriculum 17 courses Electives 3 5 courses International Exchange Weeks Time Spent with Students from All Three Campuses Optional Focused Areas of Elective Study Classes Meet Degree Awarded 3 in Chicago 1 in London 1 in Hong Kong One-third of the total curriculum Capital Markets, Corporate Finance, Entrepreneurship, Marketing, Strategy, or Leadership and Management Chicago: Several sessions each quarter for 2 4 days at a time, 9 a.m. 4:30 p.m. London: 16 weeks over 21 months, Monday morning through Saturday afternoon Hong Kong: 16 weeks over 21 months, Monday morning through Saturday afternoon MBA 3
6 CURRICULUM The Executive MBA is a general management program with a curriculum that includes the same courses, taught by Chicago Booth faculty, on all three campuses. Students also have the option to focus on an area of elective study. Foundations (3 Courses) These courses focus on developing analytical tools and knowledge that supports the rest of the curriculum. Functions (5 Courses), Management (7 Courses), Business Environment (2 Courses) These courses cover basic business functions (finance, marketing, and operations); management (decisions, people, and strategy); as well as the business environment in which firms operate. Electives (3 5 Courses) and Focused Areas of Study During the program, students have the opportunity to take three to five electives that vary from year to year. Frequently these courses are on cutting-edge or advanced topics. Students can choose to focus on one key area of business: capital markets, corporate finance, entrepreneurship, marketing, strategy, or leadership and management. Leadership Training Leadership Exploration and Development (LEAD) is a required course in which students work on key leadership skills, such as building self-awareness, creating effective teams, and enhancing leadership presence and impact. ELECTIVES Global New Venture Challenge Integrated Strategic Management Elective Courses* *Students choose from a list of courses that can vary year to year. FOUNDATIONS Statistics Financial Accounting Microeconomics FUNCTIONS FINANCE Corporate Finance Financial Strategy MARKETING Marketing Management Advanced Marketing OPERATIONS Operations Management BUSINESS ENVIRONMENT Macroeconomics Global Strategy and Economics LEAD Leadership Exploration and Development MANAGEMENT DECISIONS Managerial Accounting Managerial Decision Making Negotiations PEOPLE Essentials of Effective Leadership Organizations and Incentives Leadership Capital LEADERSHIP Competitive Strategy 4
7 RICHARD H. THALER Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics FACULTY Unlike many executive programs that hire local instructors to teach their courses, we bring our Chicago-based, world-class faculty to you. You will learn from the faculty who define the way the world does business. Chicago Booth faculty enjoy a reputation for developing the economic, political, and theoretical frameworks on which business is based. Their awards include Nobel Prizes, a Presidential Medal of Freedom, and a MacArthur Foundation genius grant. Their research and opinions are frequently sought by major corporations and cited in prominent media worldwide. In addition to all that, they are truly accessible, dedicated teachers. Learn more about Executive MBA faculty at ChicagoBooth.edu/execmba/faculty 5
8 COMMUNITY Executive MBA students work in every industry and on every continent and provide an unending source of contacts, collaborators, consultants, and friends. From the start, students have both a local and international study group, each carefully crafted for a balance of backgrounds and skills. Furthermore, with students representing 56 different countries, every class is an experience in cultural immersion. Class Profile At Chicago Booth, we value diverse opinions and ideas. We actively recruit a community of students with varied experiences, backgrounds, perspectives, and goals. AS OF JUNE 2015 Number of Students 237 Countries of Citizenship 56 Average Age 37 Countries of Residence 31 Average Years of Work Experience 13 Hold Advanced Degrees 44% INDUSTRIES FUNCTIONS Consulting 10% General Management 11% Investment Banking/Brokerage 9% Business Development/Customer Relations 10% Investment Management 9% Company Finance/Accounting 9% Energy/Petroleum/Utilities 8% Investment Management/ Commercial Banking/Risk Management Diversified Financial Services 7% Consulting 8% Manufacturing 7% Sales and Trading/Investment Banking 8% Commercial Banking 7% Venture Capital/Private Equity 6% Consumer Products/Retail 5% Information Systems 5% Healthcare/Pharmaceutical/Biotechnology 5% Marketing/Advertising/Brand Management 5% Advertising//Printing/Publishing 4% Engineering 4% Education/Government/Law/Nonprofit 4% Project Management 4% Real Estate 4% Strategic Planning 4% Venture Capital/Private Equity 4% Multiple 3% Computer-Related Services 3% Healthcare 2% Telecommunications 2% Law/Education/Nonprofit 2% Other 12% Entrepreneurial/Self-Employed 1% 9% Other 9% 6
9 ALUMNI NETWORK When you join Chicago Booth, you connect to our entire community, and wherever you go from here, you ll find a vibrant Booth network. 49,000 Chicago Booth alumni 8,780 alumni CEOs and other top company officers alumni clubs worldwide countries in which alumni live and work Learn more about the alumni network at ChicagoBooth.edu/execmba/network Numbers are approximate. Chicago London Hong Kong 7
10 ADMISSIONS The Executive MBA Program matriculates approximately 80 experienced professionals to each campus every June. Engage with Us Take the next step toward applying to the Executive MBA Program in one or more of the following ways: Information Sessions Find out what makes Chicago Booth unique, and meet students, alumni, and staff at these programs. These events are held at one of our local campuses, in other cities around the world, and online through chats and webinars. Campus Visits Meet with admissions staff at one of our three campuses when classes are in session. You can attend a class, meet current students, and see the extent of our diverse network of executives. Access these opportunities and more at ChicagoBooth.edu/programs/exec-mba Learn More Find out more about the cutting-edge ideas and global network at Chicago Booth: Capital Ideas This publication highlights our faculty research. Go online to view current and past issues as well as video interviews with the faculty. ChicagoBooth.edu/capideas Chicago Booth Magazine Published three times a year, this magazine brings you insightful news and features about the school, faculty, and alumni that can t be found anywhere else. ChicagoBooth.edu/magazine Facebook Join our Considering Booth page on Facebook Twitter Follow us Blog Read the Executive MBA Program blog, at blogs.chicagobooth.edu/ embaevolution YouTube View videos on YouTube at youtube.com/chicagobooth WeChat Follow us on WeChat by searching (Chicago Booth) Weibo Follow us on Weibo by searching (Chicago Booth) at weibo.com/uchicagobooth 8
11 APPLY Go to ChicagoBooth.edu/apply to start your application. For more information about our requirements, costs, financial aid, and upcoming events, visit ChicagoBooth.edu/programs/exec-mba/admissions, or contact one of our campuses: Executive MBA Program Asia The University of Chicago Booth School of Business Level 6, Cyberport Cyberport Road Hong Kong asia.inquiries@chicagobooth.edu Telephone Cyberport Europe The University of Chicago Booth School of Business Woolgate Exchange 25 Basinghall Street London EC2V 5HA United Kingdom europe.inquiries@chicagobooth.edu Telephone +44 (0) Woolgate Exchange North America The University of Chicago Booth School of Business Gleacher Center 450 North Cityfront Plaza Drive Chicago, Illinois xp@chicagobooth.edu Telephone Gleacher Center
12 The Executive MBA Program Asia The University of Chicago Booth School of Business Level 6, Cyberport Cyberport Road Hong Kong ChicagoBooth.edu/execmba Europe The University of Chicago Booth School of Business Woolgate Exchange 25 Basinghall Street London EC2V 5HA United Kingdom North America The University of Chicago Booth School of Business Gleacher Center 450 North Cityfront Plaza Drive Chicago, Illinois 60611
And students benefit as well. Faculty bring their research and experience into the classroom adding to the level of discussion and learning.
Slide 1 I m George Andrews, Associate Dean. On behalf of Chicago Booth, I d like to welcome you to What You Need To Know, an overview of the Weekend MBA program. Determining whether or not to get an MBA
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