The Dean's Corner
Dean Robert J. Swieringa
Issue date: 2/13/01 Section: Viewpoints
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Sage Hall was not quiet or empty while you were away over the break. Students were here for NBA 570 each week, and for the Executive MBA (EMBA) program during most of January. We created the EMBA Program to meet the needs of mid-career executives who receive company support for education without taking time to pursue a full-time residential MBA program.
In 1997, a Strategic Task Force (chaired by John Elliott) identified the following benefits in recommending the design and launch of an EMBA Program in the metro New York City area:
* Enhance relationships with key corporate customers.
* Create additional placement opportunities for full-time two-year students.
* Create additional opportunities for faculty to engage practicing managers on current research and business practices.
* Create unique research opportunities.
* Create synergies between the EMBA program and custom and public executive education programs.
* Generate new revenues without expanding the size of the school's residential MBA programs.
We evaluated potential sites, assessed needs of the target market, developed an initial schedule, and launched the EMBA program in 1998-99. The first EMBA class enrolled in July 1999 and will join the rest of the Class of 2001 at graduation in May 2001. We welcomed our second EMBA class in July 2000 and will welcome our third class this July.
The first two EMBA classes share a profile consistent with that of mid-career professionals, reflecting a broad cross-section of industry. On average, EMBA students have about 14 years of work experience and are about 10 years older than our full-time MBA students; more than one quarter are minority students, and more than one quarter are women. While the industry distribution of the EMBA class of 2001 is about evenly divided among financial services, manufacturing, high-tech, and health care, financial services predominate in the EMBA class of 2002. The diversity of EMBA students directly contributes to the richness of the classroom and team experience.
In 1997, a Strategic Task Force (chaired by John Elliott) identified the following benefits in recommending the design and launch of an EMBA Program in the metro New York City area:
* Enhance relationships with key corporate customers.
* Create additional placement opportunities for full-time two-year students.
* Create additional opportunities for faculty to engage practicing managers on current research and business practices.
* Create unique research opportunities.
* Create synergies between the EMBA program and custom and public executive education programs.
* Generate new revenues without expanding the size of the school's residential MBA programs.
We evaluated potential sites, assessed needs of the target market, developed an initial schedule, and launched the EMBA program in 1998-99. The first EMBA class enrolled in July 1999 and will join the rest of the Class of 2001 at graduation in May 2001. We welcomed our second EMBA class in July 2000 and will welcome our third class this July.
The first two EMBA classes share a profile consistent with that of mid-career professionals, reflecting a broad cross-section of industry. On average, EMBA students have about 14 years of work experience and are about 10 years older than our full-time MBA students; more than one quarter are minority students, and more than one quarter are women. While the industry distribution of the EMBA class of 2001 is about evenly divided among financial services, manufacturing, high-tech, and health care, financial services predominate in the EMBA class of 2002. The diversity of EMBA students directly contributes to the richness of the classroom and team experience.