Update on CEC Certificate &
Professional Master’s Degree
Frank Wiley – Business Development
Introduction
Executive Summary
The concept for the C&PM program came from the Council of
Graduate Schools’ recommendation for Professional Science
Master’s programs. The PSM combines graduate-level technical
training with a business education, to allow STEM graduates to
further their careers in corporate and government roles.
Planning Team
• CEC: Doug Troy and Tim Cameron
• Corporate & Community Institute (CCI): Pat McNab and
Frank Wiley
Research
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•
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Benchmarked competitive programs in the SW Ohio
Reviewed Miami PMBA strategy
Interviewed seven universities with PSM degrees
Interviewed twelve CEC Advisory Council Members
Contacted 1,500 CEC alumni in SW Ohio, with104
completing an online survey
Survey Results
• 94% felt that it was important or very important for
engineers to have business training
• 66% of companies offer tuition reimbursement for MS
degrees, with 69% of those paying full tuition
• Nearly 70% of respondents have taken professional
development classes, like those from CCI
• More than half the companies offer both tuition
support and time off for these type of classes
• Responses from:
– CEC Advisory Council – Air Force Research Lab,
Convergys, Messer & Schlumberger
– Major corporations - P&G GE, Kroger and IBM
Non-STEM Requirements
Non-STEM Requirements
Timeline and Next Steps
• 2013 – 2015 Certificate programs and
planning
– Offer certificate programs to test the market
– Identify 5 corporate partners to help us define the
master’s program and form Advisory Board
– Develop master’s curriculum and instructors
– Advertising campaign
• 2016 Launch master’s program
– Location convenient to Cincinnati / Dayton corridor
Certificate Programs
• Structure of certificate programs
– Four to six per semester
– One to three days in length
– Prices range from $400 to $1,200
• Topics
– Fall 2013: Strengths-Based Leadership; Digital
Marketing; Project Management
– Spring 2014: Lean/Six Sigma/Agile
– Others: Business communication; Finance for
non-financial managers
Proposed Master’s Structure
• Complete in 2 years
– Classes meet 6:00 – 9:30, 2 days per week, one day per
course
– 3 “semesters”: fall (2 courses), spring (2 courses), summer
(1 course)
– 10 courses (30 credit hours) total
– Concierge services: meals, books, registration, etc,
provided; Courses offered VOA or onsite
• Curriculum
– Foundation: Leadership and Business (5 courses)
– Technical Concentration (4 courses)
– Capstone Project related to individual’s career (1 course)
Proposed Master’s Curriculum
Capstone Project
Technical
Technical
Technical
Technical
Concentration 1
Concentration 2
Concentration 3
Concentration 4
LEADERSHIP / BUSINESS Foundation
Proposed Master’s Curriculum
Possible Technical Concentrations
Computing Concentration: Cyber Security
• Defense
• Detection
• Response
• Intelligence
Engineering Concentration: Mechanical and
Manufacturing
• Automation and Advanced Manufacturing
• Modeling and Simulation of Engineering Systems
• Nonlinear Dynamics
• Advanced Vibrations
Leadership/Business Foundation
Possible Courses - 1
• Leadership Skills
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–
–
–
Personal leadership
Team leadership
Strategic leadership
Creativity
• General Business Overview
– Understanding business organization/structure
– Finance for non-financial managers
– Introduction to marketing
Leadership/Business Foundation
Possible Courses - 2
• Business communication
– Technical writing
– Non-technical writing
– Presentation skills
• Thinking skills
– Critical thinking
– Creative thinking
– Problem solving
Leadership/Business Foundation
Possible Courses - 3
• Finance and Accounting
–
–
–
–
Financial planning and analysis
Accounting fundamentals
Budgeting
Financial modeling
• Business strategy
–
–
–
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Business growth
Marketing
Entrepreneurship
Decision Analysis
Leadership/Business Foundation
Possible Courses - 4
• Organizational excellence
– Project management
– Lean / Six Sigma
– Agile
• Information Technology
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–
–
–
Analytics
Infrastructure
Security
Mobility
Financial Estimates
2013
CEC Revenues ($K)
Certificate Income $750/Class
Tuition @ $750/CH
State Subsidy ($8100/FTE)
Corporate Sponsorship
TOTAL REVENUE
CEC Expenses ($K)
Instructors ($1,500 per class)
Faculty ($15K/course + 40% benefits)
Staff (MCCI)
Advertising
Partner Benefits
General Program Operations
VOALC Room rentals (1%)
Books/Materials ($175/student/course)
TOTAL COST
CEC Surplus / (Deficit)
Going
Basis
2015
2016
2017
2018
2019
3
20
0
0
0
0
0
0
0
5
20
0
0
0
0
0
0
0
7
20
2
10
20
10
60
180
6
9
20
4
10
40
20
120
360
12
10
20
6
15
90
45
270
810
27
10
20
6
15
90
45
270
810
27
10
20
6
20
120
60
360
1080
36
$45
$0
$0
$75
$0
$0
$105
$135
$49
$135
$270
$97
$150
$608
$219
$150
$608
$219
$150
$810
$292
$45
$75
$289
$502
$976
$976
$1,252
$8
$0
$50
$50
$5
$0
$1
$0
$113
$11
$126
$75
$100
$5
$25
$3
$7
$352
$14
$252
$100
$100
$5
$50
$5
$19
$544
$15
$378
$100
$100
$15
$378
$100
$100
$15
$378
$100
$100
$24
$5
$0
$25
$25
$5
$0
$0
$0
$60
$50
$10
$32
$684
$50
$10
$32
$684
$50
$13
$32
$687
$0
$15
$38
$63
$42
$292
$292
$565
Assumptions
Certificates per Semester
Students/Class
PM classes per semester
Students/Class
Classroom Totals/Semester
PM Enrollment
Semester Credit Hours
Annual Credit Hours
Student FTE
$24
$24
$24
2014
Partnership Support & Benefits
• Create Advisory Board/Sponsors
– Define foundation courses & technical concentrations
– Help identify instructors
– Shape the curriculum for your needs
• Provide Financial Backing
– Five partners to fund development in spring 2014
– $10,000 per year for first two years
• Other Benefits to Partners
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–
–
–
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Access to graduates & interns / CEC Centers
Three on-campus Company Events
Reserved seats in Certificate programs
Opportunities to lecture in classes
Reduced-cost onsite courses
Please complete our
survey in your packet
and drop off at the door!
wileyfn@MiamiOH.edu
troyda@MiamiOH.edu