Master of Business Administration

Transcription

1 Master of Business Administration

2 Explore Get ready to explore the endless possibilities your Edwards MBA degree will provide. I found the MBA program at the University of Saskatchewan highly valuable and practical. There are many concepts that I studied in my MBA program that I still use today. Marvin Romanow Chief Financial Officer, Nexen Inc. MBA 1980

3 Transform The Edwards Master of Business Administration values accessibility and academia. As an Edwards MBA student, you will develop an approach to management that is both integrative and strategic, gaining a deeper understanding of organizations and their local and global context. By enhancing your interpersonal communication, team building and leadership skills, you will be equipped to tackle your professional endeavours with confidence, integrity, and accountability. Contents Edwards School of Business 2 University of Saskatchewan 2 Living in Saskatoon 4 Networking 5 MBA Career Services 6 Edwards MBA values 7 Program format 8 Core courses 8 Elective courses 10 Program features 12 Admission requirements 14 Tuition and finances 15 Application checklist 16 1

4 Excel Edwards School of Business Business education has a long tradition at the University of Saskatchewan, starting with the establishment of the School of Accounting in In keeping with the continual evolution that is a hallmark of this esteemed institution, the University recently announced our new name: the Edwards School of Business, thanks to a generous gift from N. Murray Edwards, a Canadian businessman with roots and connections to the University of Saskatchewan. The Edwards School of Business has strong ties to the business community, both locally and nationally thanks to its various partnerships and extensive network of alumni, past and current staff and faculty, and current students. University of Saskatchewan The Government Act establishing the University of Saskatchewan was passed by the Saskatchewan Legislative Assembly on April 3, For 100 years, the University of Saskatchewan has produced leaders and thinkers who have changed the way we view the world. The University is home to world class facilities, including Canada s only plasma fusion injector, Reproductive Science and Medicine Program, and the Canadian Light Source synchrotron. The University is aware of the significant trends that will shape the post-secondary environment in decades to come: the global, knowledge-based economy; enrolment trends; competition for faculty; the changing profile of public funding; and increased differentiation among universities. The U of S is embracing change and is committed to using these evolving trends to guide the University into the next chapter of its history. Proving credibility and accountability, the University of Saskatchewan is a proud member of the Association of Universities and Colleges of Canada, the Association of Commonwealth Universities, and the Canadian Association of Graduate Studies. Peter MacKinnon President, University of Saskatchewan 2

5 Students The Edwards School of Business has more than 1700 undergraduate students and more than 160 graduate students in the Master of Business Administration, Master of Professional Accounting, and Master of Science programs. Faculty There are 67 tenure, tenure-track, and term faculty at the Edwards School of Business within four departments: Accounting, Finance & Management Science, Industrial Relations & Organizational Behaviour, and Management and Marketing. Alumni More than 18,000 graduates have received their degrees in business disciplines from the University of Saskatchewan. The majority of our alumni work and live in Canada, but our alumni networks extend to 34 countries all over the world. Global perspective More than 1,200 international students from 87 countries choose to study at the University of Saskatchewan each year. The U of S is home to more than 100 clubs and groups, including fifteen international associations. Global Commons, which houses several key offices and programs (including the International Student Office), supports international students, promotes internationalization across campus, and develops additional opportunities for students and staff to pursue international study, work, and travel experiences. Many services are available, including airport greetings for international students upon arrival in Saskatoon. 3

6 Live Living in Saskatoon Saskatchewan is situated in the heart of prairieland Canada. The University of Saskatchewan is located in Saskatoon, Saskatchewan, a city that balances metropolitan amenities and small-town heart. Known as one of the sunniest cities in Canada, with a population of approximately 235,000, Saskatoon is home to open skies and a spectacular prairie sunrise. It is one of the most affordable, safe, and desirable places to live in Canada. Home to nearly 20,000 students, the U of S is the perfect place for any student looking for a great atmosphere and a superior education. The University s campus is considered one of the most beautiful campuses in Canada; its gothic-style architecture, majestic buildings and towering trees combine to provide the setting for an unforgettable experience. Culture Saskatoon has a rich and vibrant arts community featuring a wide variety of artistic, musical, and theatre attractions. The city hosts many festivals and special events throughout the year, including the ethnic celebrations of Folkfest and Vesna, the Saskatchewan Jazz Festival, the Saskatoon International Fringe Festival, and the Northern Saskatchewan International Children s Festival. Climate and environment Saskatoon is clean, smog free, and has a good supply of high quality water. The city experiences four distinct seasons with temperatures ranging from +30 c (86f) on the warmest summer days to -30 c (-22f) on the coldest winter days, enabling a full range of outdoor activities. The city receives an average of 2,381 hours of sunshine annually. 4

7 Network Extend your network Small class sizes, intimate group projects, MBA events... the Edwards MBA provides various opportunities to develop valuable business relationships that will last far beyond your time in the MBA program. MBA Students Historically, the program has had a diverse student population with a mix of male and female students, international and Canadian students, as well as students with a crosssection of academic backgrounds. The requirement of three years of work experience before a student is admitted to the program ensures that your colleagues in the Edwards MBA program are knowledgeable and experienced industry professionals, giving you the opportunity to discuss business issues with colleagues from diverse backgrounds with varied perspectives. Interaction with your classmates will add another dimension to your learning, complementing your course load, and enriching your studies. MBA Faculty The Edwards MBA program employs the talent and expertise of 13 tenured and tenuretrack professors, and eight professionally qualified faculty to deliver the course material. Nearly one-third of our faculty has an international background. Expertise covers various academic fields including technology management, marketing, professional accounting, agribusiness, indigenous management, health services management, international business, innovation, business strategy, entrepreneurship, finance, organizational behaviour, and leadership. MBA Alumni Our continued dialogue with alumni helps us to celebrate their achievements. More than 1200 candidates have achieved their MBA designations from the University of Saskatchewan since Among these alumni, we celebrate a multitude of success stories. Located in 23 countries from five continents, many of our graduates hold executive and management positions in major organizations such as PotashCorp, Nexen Inc., Asian Development Bank, Cameco, General Motors Corporation, Dupont, Johnson & Johnson, Siemens Ltd., Twentieth Century Fox, EnCana, Qatar Petroleum, Sinochem, and Pfizer. The University of Saskatchewan business school brand is surprisingly ubiquitous around the world, building a bridge for future business success. Wayne Brownlee Executive VP and CFO, PotashCorp MBA

8 Accelerate MBA Career Services Between 90 and 100 per cent of Edwards MBA graduates secure employment within six months of completing their degrees. MBA Career Services in the Edwards School of Business is dedicated to assisting MBA students, graduates, and alumni with their individual job searches. The Centre offers employment postings and on-campus recruitment, industry guest speakers, company information sessions, a resource centre, and consultations on a variety of topics including résumé and cover letter development, interview preparation, salary negotiations, and job search strategies. As an MBA student, you will have every opportunity to meet personally with the manager of MBA Career Services to determine your personal plan based on your individual qualifications, experience, and career aspirations. Throughout the year, MBA Career Services actively develops and enhances relationships with employers to increase job opportunities for MBA students and alumni. Employers Job opportunities have been posted for hundreds of organizations, including: Air Canada Bombardier Aerospace Canadian Pacific Railway Dow AgroSciences Ernst & Young Farm Credit Canada Federal, provincial, and municipal governments Forbes Medi-Tech Inc. Frito-Lay Canada Guardian Chemicals Inc. GlaxoSmithKline Hong Kong Economic and Trade Office (Canada) IBM Canada Ltd. Imperial Oil Intuit Canada Lafarge North America Maple Leaf Foods MBAs Without Borders Nexen Inc. PricewaterhouseCoopers Procter & Gamble Shell Chemicals Canada Ltd. Unilever Canada Ltd. Walt Disney Studios 6

9 Learn Edwards MBA values The Edwards MBA is based on a framework of curricular values. By building on a strong business education foundation, the program explores all facets of business. The focus on integration is apparent with a number of modules being dedicated to integrating concepts and knowledge from core courses. Various perspectives are explored throughout the program, with an emphasis on the human side of management and a dedication to the importance of international business. Foundations of management Foundation courses provide the basic theoretical formation of business management concepts and application of that theory upon which the balance of the Edwards MBA curriculum is built. Integrated perspectives of business The essence of successful business and service leadership in today s increasingly diverse and competitive economy requires a higher level of theoretical understanding and practical application it requires leaders who appreciate the fluidity of business and its involvement with social issues, global influences and complex relationships among customers, suppliers, competitors, shareholders, internal and external stakeholders. The Edwards MBA curriculum explores functional business concepts and, more importantly, how they integrate into the decision-making process. The human side of management As globalization and economic integration continues to progress, organizations face increased levels of competition and must ensure the creation and maintenance of a competitive advantage to meet these challenges. For many, the source of this advantage is not based in physical assets but human capital. Understanding the soft side of management and growing your leadership capacity are key elements that are captured within the core curriculum of the Edwards MBA and can be further studied through elective courses. International focus A common theme in almost every sector of today s economy and most business courses is the increasing trend toward globalization. What are the factors to consider in conducting business internationally? How does a company determine the potential benefits and risks of expanding operations or introducing products and services beyond their local borders? What role does culture play in influencing business processes? The Edwards MBA curriculum will expose you to the world of international business through a combination of core and elective courses, including an international study tour.

10 Study Flexible program format As an Edwards MBA student, you have choices. You can complete the MBA program full-time in 12 months, or you have the option of enrolling part-time while working and take up to three years to complete the same program of study. If you initially select a part-time plan, you can later choose to fast-track your studies to complete your degree in a shorter time period. Because of this flexibility, pursuing a Master of Business Administration at the University of Saskatchewan can be effectively integrated into your career goals. Each course is delivered in a modular format, meaning you can complete each course in either one, two, or three weeks (determined per course) and then move on to the next. With variety in delivery, each course proves to be interesting while intensive. By selecting your own combination of core and elective courses, you will have your own personal MBA experience, while still sharing it with a network of intelligent and exceptional classmates. Credit requirements To complete your Edwards MBA, in addition to the professional skills development program and the intnernational study tour, you must obtain 42 credit units: four 3-credit unit courses (including the management consulting project) fifteen 2-credit unit courses: 11 core courses and 4 electives (including the integrative modules) Core courses Business in Society Through examination and handson application of critical aspects in today s dynamic environment such as corporate governance, competitive contexts, innovation, business ethics, and corporate social responsibility, students develop the skills needed to analyze, formulate and implement firm strategy. As all management functions exist to serve the firm in achieving its strategy, this course is fundamental to understanding how business works and is an introductory course for the Edwards MBA. Global Environment of Business Provides a comprehensive study of the international business environment and its various dimensions, including the current and worldwide trend toward more global economic integration, as well as the political, economic, cross-cultural, legal, and political forces that are influencing and shaping tomorrow s international business environment. Leadership Examines articles, cases, novels, illustrations, and discussion to appreciate the totality of leadership. Students develop and hone their personal leadership philosophies.

11 Managing People and Organizations Discusses the linkage between organizational strategy and human resources to achieve fit between the two. Exposes fundamental concepts, with an emphasis on identifying and applying best practices to current management situations. Entrepreneurship and Business Planning Provides concepts and tools to successfully develop and manage all components of a strategic business plan. Students will assess business plans from the viewpoint of entrepreneurial proponents as well as venture capital investors. Financial Statement Analysis Prepares students to effectively analyze, interpret, and evaluate an entity s financial statements, whether private or public. Leveraging Technology in Business This applied course gives managers the tools they need to operate in a world influenced by technology, including systems implementation, e-commerce, privacy and security, business process improvement, change management and building an effective business case to justify the investment in technology. Business Decision-Making Introduces business decisionmaking frameworks that encourage managers to make effective, ethical and informed decisions, and explores the importance of business leaders as discriminating consumers of both qualitative and quantitative perspectives. Marketing for Organizational Decision-Making Focuses on the role that marketing plays within an organization and how it integrates into organizational decisionmaking given societal influence. Introduces an organization s revenue-generated activities for profit-oriented companies and communication activities for the not-for-profit organizations and the management and strategic processes whereby products and services are developed, priced, promoted and distributed. Financial Management Introduces the concepts, theories and analytic tools necessary to make sound economic investment decisions, finance projects with confidence and effectively manage a firm s assets and liabilities knowledge critical to a manager in today s competitive economy. Accounting for Planning and Decision-Making Introduces the vital role that managerial accounting information plays in running a successful organization in today s economy, introduces forms of accounting information, examines the usefulness of such information for different activities and functions, and explores the potential dysfunctional behavior that may arise from the use of such information. Operations Management Provides a foundation for understanding the operations of both manufacturing and service organizations, including the activities related to the production of goods and services and the tools and techniques used by operations decision makers. Tactical Strategy: Implementation, Evaluation and Control Strategic management is that set of decisions and actions which leads to the development of an effective strategy to help achieve corporate goals and objectives. Focusing on tactical implementation of strategic choices and how the benefits of strategic choices can be maximized, this course serves as the capstone to the Edwards MBA, integrating all of the concepts learned. 9

12 Select Electives A wide range of electives are available. It s up to you to decide how to focus your studies. Select from the Edwards MBA electives available or choose from other approved master s level courses offered at the University of Saskatchewan. The Edwards MBA allows the consideration of other University of Saskatchewan graduate level courses upon consultation with the Program Director. Among the full list of potential electives, some of your options include Health Services Management courses offered through the School of Public Health, International Trade courses offered through the Master of International Trade program, Agricultural Economics courses offered through the College of Agriculture and Bioresources, or Education Leadership courses offered through the College of Education. Advanced Financial Management Focuses on developing skills of the financial manager at an executive level through deeper understanding of finance concepts, theories and methodologies. Students will gain a deeper understanding of how to value investment opportunities, measure risk and return, negotiate and structure deals, raise capital in private and public markets and manage risk. Global Agribusiness Management Provides an in-depth look at the trends and challenges facing agribusiness managers, developing the concepts and tools necessary to lead human and capital resources for profit and success in a competitive environment that requires innovation and entrepreneurialism to build a sustainable competitive advantage. Merger Acquisition and Corporate Governance Examines the financial and economic aspects of corporate mergers, including valuation and shareholder wealth effects, the motivation of mergers and antitakeover devices and their effect on corporate governance. Organizational Dynamics Focuses on the social forces within organizations and examines how they affect office politics, power in organizations, organizational culture and organizational change. Investments, Security Analysis and Portfolio Management Introduces the theory and application of application of security analysis and portfolio management, including the determinants of investment risks, trade-offs between risk and return, valuation of stocks, fixed-income and derivative securities. Application will be first hand through participating in an investment game. 10

13 International Finance Identifies and quantifies the effects of different factors involved in international business to provide a global entrepreneur and/or corporate decision maker more concrete analytical skills for decision-making, including international trade finance, exchange rate risk, hedging of foreign exchange risk, capital cost structure, cost of capital and global investment decisions. Management in Contemporary Aboriginal Organizations Examines the practice of management through the analytical tools provided by research in culture, organizational metaphor and management; the political, cultural, economic and social context of Aboriginal organizations; and those issues unique to the Aboriginal context. Strategic Management of Technology and Innovation Develops a framework for understanding and analyzing the strategic management of technology, innovation and the knowledge based economy including the business public policy interface, intellectual property rights, regulatory obligations, science-commerce interface and credence goods. Commercialization and Valuation of Technologies Develops a framework for understanding and analyzing the commercialization of high or advanced technology ventures from an entrepreneurial and venture capital perspective, including the valuation of intellectual assets and the development of a financial model to determine value at each stage of the tech life cycle. International Markets and Business Systems Extending from the introduction to international business, this course examines the dynamics of global international economic integration from the managerial perspective and includes international environmental analysis, theories of direct foreign investment, international trade and enterprise, the foundations of international monetary and trade policy and various relevant institutions. Indigenous People and Economic Development Examines the management issues arising from various strategies, approaches and institutions created, adapted, and utilized in economic development initiatives by the Indigenous peoples of Canada. The Edwards MBA integrates theory and practice, providing insights to students in the classroom that they can readily apply to industry. Sanjeev Singh Assistant Professor, Edwards School of Business MBA 2005

14 Enhance Beyond the traditional classroom To enrich traditional teaching methods, the Edwards MBA offers variety in program delivery and a number of valuable features that will enhance your educational experience, by moving beyond the traditional classroom. These features, in combination with core and elective courses, assist you to develop professionally, further introducing you to the holistic nature of business in today s society. International study tour The international study tour, which is a required component of the program, provides you an opportunity to travel to a chosen destination to take part in a variety of meetings with trade commissioners, industry business leaders, and other members of the University s global community. Executive dialogue series The Edwards MBA hosts a number of events throughout the year that showcase the experience and expertise of alumni and other members of the business community. These events provide a great opportunity to learn from successful business leaders and to network with future colleagues. I learned so much in my MBA classes, but it really was the combination of lectures, case-studies and exercises, project work, and guest speakers that kept me and my classmates not just interested, but engaged. Angella Pinay Coordinator of First Nations and Metis Eduation, Greater Saskatoon Catholic Schools MBA 2004

15 Management consulting project Managed through the Wilson Centre for Entrepreneurial Excellence, this course will lead students through the management consulting process, including developing and presenting a consulting proposal and completion of the project. Industry business clients are expected for each consulting project, and may include a student s employer, but exceptions may be made for students who wish to research their own business enterprise. This course is a core component of the Edwards MBA, integrating a cross-section of business concepts and application. Developing the proposal, carrying out the work plan, analyzing the results, drawing conclusions, formulating recommendations, drafting the final consulting report, and liaising with the business client ensures that students have experience in project management through every step. Integration of business concepts Edwards MBA students are required to complete a series of modules that will focus on the integration of curricula from a suite of courses. These integrative modules will use a case method approach, including instruction, discussion, analysis, presentation, and writing. Structured at various points throughout the program these modules provide opportunities to integrate and apply the knowledge gained in the functional areas. Each module is a building block within the program utilizing concepts learned to that point, leading to the final module which integrates the expanse of the Edwards MBA curriculum. Professional skills development program Professional skills development sessions will be offered throughout the year. Students will be required to attend a minimum number of sessions to complete the MBA program. Sessions explore various topics of interest: Negotiation skills Contract law Employment law Collective bargaining Networking skills Presentation skills Performance management Group dynamics and team building Emotional intelligence Privacy regulation and application Conflict management Personality styles 13

16 Apply Admission requirements Successful applicants to the Edwards MBA program must have: a four-year honours degree, or equivalent, from a recognized university a cumulative weighted average of at least 70% in the last two years of study (i.e. 60 credit units), based on a University of Saskatchewan grade system equivalent. The Edwards MBA observes the following recommended minimums when considering applicants for admission: GMAT score of 500 or greater Three years of work experience Evidence of English language proficiency if necessary. The accepted tests and required scores are: TOEFL (minimum 600 written test; 250 computer-based test; 100 internet-based test) or IELTS (score of 6.5) Students entering the program must have completed and passed the following pre-requisite courses*: Introductory financial accounting Introductory statistics Introductory microeconomics Introductory macroeconomics *These courses will be offered at the Edwards School of Business in one-week modules during the months of July and August. Our students are intelligent, experienced, and successful. By setting high standards for admission, we can ensure a healthy class dynamic, providing a valuable educational environment. Leslee Harden Director, Edwards MBA MBA

17 Tuition (in Canadian dollars) Each 2-credit unit course 1,050 Each 3-credit unit course 1,575 International Study Tour 1,500 Total Canadian student tuition $23,550 International student differential fee 8,200 per year Total international student tuition $31,750 A laptop computer is required. The University of Saskatchewan Computer Store has various purchasing options, and Edwards MBA students are eligible for educational pricing on all software required for program use. The Edwards School of Business provides complete tech support for students, whether your computer was purchased at the U of S or elsewhere. Further details will be provided with admission information. Awards and bursaries The MBA Program administers a number of awards and bursaries for both entering and continuing students. Awards have specific criteria based on academic achievement, financial need, and student background. Entrance scholarships and fellowships will be awarded between March 31 and August 15. Funding options As an MBA student, you have various opportunities for funding your studies. Savings, loans, personal lines of credit, grants, bursaries, and government financial aid are options that should be considered and explored. Visit when you are conducting your search for viable options. Cost of living Saskatoon is one of the least expensive cities in Canada to make home. Following are the minimum estimated costs for a student living in Saskatoon for twelve months. All estimates are in Canadian currency and are subject to change. Please note that tuition fees are not included in these estimates. Student fees 535 Books and supplies 1,500 Accommodations* 5,250 Food 2,000 Clothing 1,000 Local transportation 530 Entertainment, misc. 600 Estimated Total $11,415 *Based on a 2-bedroom apartment at Mceown Park Residence Complex (per person). 15

18 Apply Application checklist The selection committee interviews applicants who have met the outlined criteria and have submitted all necessary documentation listed below. Applications will be considered complete upon receipt of each of the following: o Application form Apply online at o Application fee A $75.00 non-refundable application fee (in Canadian funds) must be included with your application package. Acceptable methods of payment are cash, cheque, money order or online payment via credit card. Make cheques or money orders payable to: University of Saskatchewan. Online payment will be accepted at o Official transcript An official transcript of your academic record is to be sent directly from each institution attended. In certain cases, an attested copy of each transcript may be accepted. From countries where degree certificates are issued, they must also be sent. o Three confidential letters of recommendation Visit for the downloadable Confidential Letter of Recommendation Form. Three confidential letters of reference, two of which should be from referees who can assess your academic performance. The third letter may be from a referee who can assess your performance as an employee. Letters must be sent directly from the referees to the Director of the Edwards MBA program. o Letter of intent Submit a letter of intent describing your future career plans related to achieving your Edwards MBA and how your experiences to date will enrich the educational experience of your Edwards MBA colleagues. o Résumé Please submit a résumé of your work experience, outlining details of position responsibilities. 16

19 o Official GMAT score Visit to book your appointment to write the GMAT (Graduate Management Admission Test). Official test scores are to be sent directly to the University of Saskatchewan, MBA. The reference code is XNF-2N-24. o Official TOEFL score If your first language is not English, the TOEFL test must be completed. After writing the TOEFL and attaining a minimum score of 600 on the paper-based test, 250 on the computer-based test, or 100 on the internet-based test, have an official copy of the score sent directly University of Saskatchewan MBA. The institution code is #0980. Visit for more information and to register for your TOEFL test. o Application deadline For Canadian students, the deadline to submit completed applications for September intake is May 31 of the same year. For international students, the deadline is March 31. Applications are accepted on an ongoing basis and evaluated in the order in which they are completed. It is to your advantage to submit your completed application as early as possible, as enrolment is limited. Contact us Post: Edwards MBA Edwards School of Business University of Saskatchewan PotashCorp Centre 25 Campus Drive Saskatoon, SK S7N 5A7 CANADA Phone: Fax: [email protected] 17