Real Humans of the University of Washington Foster School of Business
Few business schools present the wealth of degree options to prospective students than the Michael G. Foster School of Business at the University of Washington. With six MBA options, plus several exceptional specialized master’s programs, Foster’s expansive education can be described as nothing short of flexible. And yet, the school’s most flexible MBA offering overall—the Hybrid MBA—still manages to stand out.
Continue reading…5 Questions with UW’s Hybrid MBA Program Director
In our latest installment of the MetroMBA “5 Questions” series, we speak with Jodey Farwell, the new Director of the University Washington Foster School of Business Hybrid MBA Program. Farwell talks about the school’s rapidly growing program, what you can expect when enrolling, and Seattle’s staple brunch spot.
1.) Why Do You Believe the UW Foster Hybrid MBA is Expanding While Other MBA Programs Around the U.S. are Shrinking?
“The UW Foster Hybrid MBA program is a niche model—it’s not online and it’s not in person. It is something different, something better. Fostering a belief that we are ‘Better Together, Better Tomorrow.’
The Hybrid MBA was designed with today’s current student in mind. Want to feel connected to your classmates, professors, and university? We have quarterly immersions. Want to be challenged by world-class faculty without having to physically sit in class each week? We have dynamic synchronous ‘live’ sessions each week. Our classes are delivered with intentionality. Our curriculum design team works with faculty to break down their content in order to deliver different concepts in compelling ways from high quality, professional videos to live sessions to activities in the online course environment. Our cohort team-based program creates a tight-knit network of students located all over the US.
Our Seattle location is also attractive. Seattle has established itself as an iconic, global leader in business and innovation. For students wanting to get their foot in the door with Seattle-based companies such as Microsoft, Amazon, Expedia, and Starbucks, Foster can provide access through its expansive alumni network and rich Seattle business connections.”
2.) What is the Ideal Type of Candidate for the UW Foster Hybrid MBA Program?
“Our program is built for busy mid-career professionals. They are self-motivated, driven, and collaborative individuals looking to make an impact in their industry.”
3.) What are the Advantages of the Hybrid MBA Over Other Traditional Online MBA Programs?
“The Hybrid MBA allows you to remote into class from wherever you are the world. If you travel for work, for pleasure, or are in the midst of a move—no problem; you can continue pursuing your MBA with our program.
We are in a highly remote/telecommuting culture. If your job is remote in nature, you can be ‘live’ anywhere; the Hybrid MBA creates this same environment with its virtual classroom. This allows for some flexibility while deepening how the students value their in-person immersion sessions each quarter. When they arrive, they are ‘all in.’ This is their time to spend together and to network, with professors, and staff, and our career experts.”
4.) How Does UW Foster Help Establish Students’ Careers with a Program that is Majority Online?
“As part of the UW Hybrid MBA, we have two career experts on staff. They offer one on one coaching, remote and in-person programming, and applicable workshops. They often bridge the gap between classroom learning and applying those concepts in your day to day- from salary negotiations, interviewing, or networking facilitation. It is our required in-person quarterly sessions, ‘Immersions’ that make these in-person components possible.
The Career Management team also offers optional treks where students can travel to key metropolitan areas to visit companies. Students visit high growth U.S. companies to experience their culture, learn about their operations and hear about potential opportunities.”
5.) For Those Visiting The School, What’s One Lunch Spot They Should Visit?
“Portage Bay is a Seattle brunch staple and there is one located on Roosevelt near UW. They serve organic dishes made from locally sourced ingredients. Portage Bay is often giving back to the community and the local farmers. Their slogan is well known and displayed proudly on all of their mugs, ‘Eat Like You Give a Damn™.’ It’s also fun to support local entrepreneurs!”
News Roundup – Gies Online MBA Powers Illinois, Graziadio Professor on Women in the Age of AI, and More
Let’s take a look at some of the biggest stories from this week, including a Gies Online MBA helping power the state of Illinois.
Dr. Bernice Ledbetter Authors Opinion on Equipping Women with Opportunities to Thrive in Smart Machine Age – Pepperdine Graziadio Business School News
Dr. Bernice Ledbetter of the Pepperdine Graziadio Business School recently published her findings on the role of women in the age of AI.
A study by the McKinsey Global Institute found that smart machines will eventually perform the tasks performed by women in many business settings. Ledbetter’s research seeks to prompt lawmakers and policy makers to assist women in adapting their skill sets within this new landscape.
Dr. Ledbetter suggested three key guidelines to provide safeguards for women as work becomes automated—increase mentorship opportunities for women and outlets for women to hone leadership and utilize ‘soft skills;’ and to bolster investment in childcare and early childhood education. Women, according to research by the Institute for Women’s Policy Research, account for 58 percent of the workforce that will be affected by automation.
As the Dean of Students and Alumni Affairs at the Pepperdine Graziadio Business School and Director of the Pepperdine Center for Women in Leadership, Ledbetter works to inform and instruct on the issues faced by women in every sector of the economy. For more on her study and the future of AI in the workplace, read here.
Cardinal Health Partners with Vanderbilt Executive Education for Two Custom Leadership Programs – Vanderbilt Owen Graduate School of Business News
Vanderbilt University’s Owen Graduate School of Management has been leading a strategic partnership with Cardinal Health Partners to produce some of the best and brightest executives in the healthcare field.
The two programs, entitled INNOVATE and INSPIRE, are both nine months in duration. INNOVATE brings together thirty directors for assignments meant to help solve global healthcare issues. The directors, who reside at various international locations, meeting face-to-face six months into the program. At the end of the nine months, the team presents their projects to Cardinal executives who decide which ones they will implement.
Vanderbilt’s partnership with Cardinal Health Partners has brought two new healthcare executive programs to the Owen Graduate School of Management.
INSPIRE is comprised of fifteen Cardinal Health vice presidents whose goal it is to hone skills in entrepreneurial thinking, organizational management, and trend spotting. After deciding upon one ‘mega trend’, teams analyze how the trend is active within their organization and how it can be maximized for the best impact.
The intent of each program is to help executives and leaders to shift focus from operational concerns into more strategic and creative thinking. Jerome Revish is a Cardinal Health Vice President for Services and a participant in the INSPIRE program. He says:
“I’ve been at the VP level for a little over two years now. I would say as manager and director, you’re so focused on execution and driving results … It’s now, at this level and the next level, where more of your job is centered around framing the strategy of where we need to be going, versus ‘how do I execute what’s in front of me today.’”
For more on Owen’s executive education programs, read here.
iMBA Helps Power Windfree’s CEO to Power Illinois Homes and Businesses – Gies College of Business News
The University of Illinois Gies College of Business’ iMBA program has helped one entrepreneur to help bring solar power to the Midwest.
Eric Heineman is CEO of Windfree, Illinois’ TOP installer of solar panels for homes and businesses in the state. The iMBA, Gies’ 100 percent online degree, was a perfect choice for Heineman as he juggled the responsibility of raising children and pursuing his goal of creating a socially responsible business.
Crediting the “solar boom” in Illinois for part of his success, Heineman says, ““I don’t know how I would be able to stay in a master’s program if I didn’t have the flexibility of the iMBA. It’s something I’m very thankful for.” The iMBA has been a vital tool in Heineman’s advancement to CEO, as his business decisions are directly applicable to his online curriculum.
“It allows me to constructively second-guess everything I’m doing, and I have a great sounding board for my ideas,” he continues. Windfree was founded in 2009, and it has become a leader in providing solar energy to schools and other non-profit organizations. Windfree is responsible for the installation of numerous solar power devices in the state, including the Illinois Governor’s Mansion.
Heineman will complete his MBA in 2020. You can read here for more on Heineman, Windfree, and the iMBA.
2019 Massachusetts Family Business of the Year Award Winners – Northeastern D’Amore McKim School of Business News
Northeastern University’s D’Amore-McKim School of Business honored some of the state’s leading family businesses during an awards program last month. For over a decade, a panel of judges has chosen businesses that exemplify success, specifically through multi-generational legacies of their organizations. Community involvement and innovation are two other criteria upon which the winners are chosen.
The Clark School received an award for medium sized businesses. Provo Wealth Management Group won the Marshall Paisner Award for Small Firms. The Hub Folding Box Company took home the large business award, and the Award for Community Involvement was presented to J. Calnan & Associates.
For the last thirteen years, recipients of the Massachusetts Family Business of the Year Awards have been selected by a panel of independent judges based on the following criteria: business success; positive business and family linkages; multi-generational family involvement; contributions to the community and industry; and innovative business practices or strategies.
You can read here for more on the Family Business of the Year awards.
A Look at the Midwest’s Best Accelerated MBAs
Finding the time to complete an MBA is of foremost concern to many students. Taking any time out of a work schedule to commit to earning the degree can seem like an unrealistic prospect for those already in the process of advancing in their careers. Luckily, accelerated programs are becoming more and more prevalent. Online, in person, and hybrid delivery methods are available at large at well-known business programs and at smaller, more affordable schools alike. Here is a look at the midwest region, which possesses a solid cross section of each of these accelerated program types.
The Top Midwest Accelerated MBA Programs
One of the forerunners of the accelerated MBA trend is available at the Northwestern University Kellogg School of Management. The program begins and ends in June. Students take three to five courses during the summer and then join the two-year MBA class in the fall to complete the elective portion of the degree.
Before enrolling, students must complete coursework in statistics, economics, marketing, and operations. These courses must have been completed within 10 years prior to application submission. Kellogg’s one-year MBA consists of 15.5 credits, and students may choose from one of seven majors: accounting; economics; finance; marketing; operations; strategy; and managing organizations. Graduates may also receive a General Management designation. Kellogg’s one-year program costs $98,720.
The University of Notre Dame Mendoza College of Business’ one-year program’s motto is “Get in, get out, get back to work.” Like Kellogg, Mendoza’s one-year students join with their two-year peers in the second portion of their studies. The program begins and ends in May. The school’s site emphasizes that one-year classes are closely aligned with the broader student population, and with an average class size of around 43, individual attention is a priority.
The program’s 46 credit hours encompasses an intensive nine week summer session, along with majors in business analytics, business leadership, consulting, corporate finance, innovation & entrepreneurship, investments, and marketing. Tuition is currently $75,768.
Western Illinois University College of Business and Technology in Macomb, IL is among the most affordable programs in the region at less than $15,000. A hybrid one-year MBA, the degree is comprised of 33 credits and begins and ends in the summer. Core courses include Corporate Financial Reporting and Analysis, Economics for Managers, Corporate Information Systems, and Decision Making for Global Markets. Majors are general management, business analytics, supply chain management, corporate security, accounting, international business, and information systems.
Applications to WIU’s hybrid MBA are accepted on a rolling basis.
University of Cincinnati Lindner College of Business has one of the fastest possible completion times—as little as nine months. Lindner’s MBA begins in the fall, consisting of 35-48 credits that break down into 10 foundation courses, 26 core classes, and 12 credits worth of electives. Students with recent undergraduate work in business administration or those with relevant work experience may waive the foundation course requirement. In state tuition is $20,958 and $28,796 for out of state students.
The accelerated MBA at the Dayton University School of Business Administration is a highly ranked program open to recent recipients of an undergrad business degree and those with eight or more years of work experience, preferably in senior or mid-level management positions. It can be completed in 12 months with 7.5 credits for the first three terms, 6 credits in the fourth term, and an optional 3 credits of electives in the fifth term.
The accelerated MBA at Dayton takes place online, with available concentrations in marketing and businessa analytics. Admissions decisions are on a rolling basis, and tuition is $41,422.50–$51,285, based upon the number of credits.
Northern Illinois University’s College of Business‘ 12 Month MBA is geared toward those in management positions who wish to advance or shift in their current careers. Applications for admission are due on December 10 for a January start date. The program consists of 48 credits though some of these may be waived based upon prior studies and experience.
Tuition for the one year program at Northern Illinois is $39,000.
The Accelerated MBA at the University of Illinois at Chicago’s Liautaud Graduate School of Business consists of 26 core credits and 28 electives. Ranked among the top 25 percent of business schools in the country, Liataud offers a high quality education at a relatively affordable price: $13,900 for in-state students and $22,068 for non-Illinois residents. Among the available concentrations are accounting, business analytics, economics, entrepreneurship, finance, marketing, and real estate.
Walsh University in Canton, Ohio offers a one-year MBA in management, healthcare, or marketing. Boasting small classes and a flexible schedule, the Walsh MBA is offered online, consisting of 42 credits. Tuition is $705 per credit hour, or $29,610 for the one year MBA.
Walsh does not require a GMAT scores for admission, and students from non-business backgrounds are encouraged to apply. There are six intakes for the program per year.
An MBA from the University of St. Francis in Fort Wayne, Indiana is another great value at less than $20,000 per year. St. Francis offers both a generalized MBA and a specialty degree in Sustainability. Each degree is offered entirely online.
Georgetown McDonough Announces New Flex MBA Program
In response to market research and student requests, Georgetown University’s McDonough School of Business is adding greater flexibility to its part-time MBA program. The updates include technological innovations for the inclusion of hybrid courses, new course delivery options, and a more adjustable duration. The idea behind the new Georgetown Flex MBA is to ensure that working professionals can better balance their career commitments with their personal commitments. Continue reading…
Discover How Elective Courses Work for the Foster Hybrid MBA Program
Beyond the traditional full-time and part-time MBA program options available at the University of Washington’s Foster School of Business, there is also the Hybrid MBA program. This unique work-compatible MBA option allows students to complete 95 percent of their program work online with only 5 percent of sessions requiring a visit to the campus. It’s a two-year program that’s ideal for working parents, business travelers, and young professionals.
In a recent Foster blog post, the school broke down how elective courses work as part of the Hybrid MBA. Just like for full-time and part-time students, hybrid students can enhance their academic studies by enrolling in five, unique two-credit elective courses during their second year.
Here’s how it will work. The Hybrid MBA is broken down into four quarters:
- Q1: Autumn, year one
- Q2: Spring, year one
- Q3: Autumn, year two
- Q4: Spring, year two
During quarter one of the Hybrid MBA, all students are required to participate in a preference survey. This survey reveals the areas of knowledge that are most interesting to the class. From there, the program team and faculty work together to determine which course topics and, thus, electives would best fit the Hybrid MBA class. Then, early in their second quarter, students receive a list of all possible electives—broken down by quarter—so that they can begin to plan their coursework for year two.
As for when students start to take their electives and how many electives they can choose between:
- Three courses offered: Students choose one elective during autumn, year two.
- Four courses offered: Students choose two electives during winter, year two.
- Four courses offered: Students choose two electives during spring, year two.
All elective courses are determined based on the interest survey completed by the Hybrid MBA students. Most often, the areas of highest interest include Finance, Entrepreneurship, Marketing, Leadership, and Data Analytics. It’s important to note that elective courses are, most likely, only offered once during the second year, so if a student sees an elective they want, they should take it when they have the opportunity.
To learn more about how the Hybrid MBA program works, take a look at this infographic designed by the Foster School.
