B MBA Openin� Minds, Hearts, �ouls, and Door� MARRIOTT SCHOOL : BRIGHAM YOUNG UNIVERSITY opening : A Our �ducation should be such as to �mprove our mind and �it �s �or �ncreased �sefulness; to make �s of �reater service to the �uman �amily. : brigham young CONTENTS 2 : open 6 : mind 8 : MANAGEMENT CORE 11 : SPECIALIZATION & joint degrees 14 : FIRST & second YEAR 16 : heart 18 : FACULTY 21 : STUDENTS & graduates 2 4 : soul 2 6 : BYU EXPERIENCE 31 : CHURCH SPONSORSHIP, HONOR CODE, ETHICS 32 34 37 4 0 41 : : : : : door career management RECRUITING COMPANIES BYU MANAGEMENT SOCIETY placement stats 4 2 4 4 4 7 4 8 52 54 56 : : : : : : : the marriott school centers & institutes student opportunities this is the place mba admissions financial aid why here and why now? MBA.BYU.EDU Open To gain �ccess. �o lear�. �o �aus�. To �ontribute. ���pen a �indow �f oppor�unit�. THE MASTER OF BUSINESS ADMINISTRATION PROGRAM AT BRIGHAM YOUNG UNIVERSITY WILL OPEN YOUR MIND, HEART, SOUL, AND DOOR TO YOUR CAREER. Growing out of a 100-year tradition that started with instruction in bookkeeping, the Marriott School of Management is nationally ranked; listed among BusinessWeek’s top 25 and named the best regional program in the country by the Wall Street Journal. MIND The MBA program is part of a distinctive community that fosters an atmosphere of advanced learning. A unique academic environment and top national rankings have allowed the program to attract some of the brightest students and faculty from across the nation and around the world. Students are taught to develop new ideas while learning from a curriculum that is constantly updated and revised by skilled professors. Students learn from experienced teachers who are involved with ongoing research and consulting in the business world. HEART At BYU, students gain an education from a school with a rich heritage that has existed since 1875. Many of the graduates from the MBA program, such as Kevin Rollins, Fraser Bullock, and David Checketts, have gone on to become influential leaders in businesses and their communities. Connected alumni, along with motivated students and supportive faculty, make up the heart of the MBA program. SOUL Nurturing the soul, students are taught in an atmosphere that encourages strong moral values, high ethical standards, and a tenacious work ethic. BYU offers a unique blend of secular and spiritual learning expressed by the university’s motto: “The glory of God is intelligence.” DOOR Named for benefactors J. Willard and Alice S. Marriott, the Marriott School is recognized as one of the leading international business schools in the world. The country’s most influential business publications rank it among the top b-schools, and it continues to garner national recognition. This strong reputation, combined with a vital alumni network and professional placement center, will help you open doors of opportunity for the duration of your life. This is your invitation to discover how the BYU MBA program can open your mind, heart, soul, and the door to your future. Mind �e �owe� � think, reason, an� apply learned knowledge. WEIGHING ONLY 2 PERCENT OF ONE’S BODY WEIGHT, THE BRAIN MANAGES AND CONTROLS ALL OPERATIONS OF THE HUMAN BODY. ARE YOU READY TO PUSH YOUR MIND TO ITS LIMITS? The BYU MBA program will expand your thinking and capacity for success. Your education here will serve as a foundation to not only ground you in proven management techniques but also launch you on a directed career path. The school’s faculty will challenge you in your preparation for modern business’ demanding management and leadership roles. Critical thinking skills make up the bulk of the program’s first-year curriculum. Specialization becomes a stronger focus as you complete an internship and begin your second year. MANAGEMENT CORE The MBA management core provides a foundation of general management skills to prepare you with business basics. Core classes move quickly through established practices and applied theories, helping you develop skills in marketing, communications, finance, accounting, strategy, operations management, and human-resource management. These classes give you a solid framework on which to build your own specialized knowledge base and skills. 8 : byu mba name: JOB: LOCATION: Elyseu Castro EDUCATION: BUSINESS ADMINISTRATION MAJOR, MACKENZIE UNIVERSITY COMMERCIAL MANAGER, JOHNSON & JOHNSON SAO PAULO, BRAZIL SAO PAULO, BRAZIL M y BYU MBA professors are great. They entrepreneur enter the Brazilian and Argen- try to get everyone involved and ask tine markets. I drew from my class experi- questions that make you really analyze is- ences as we did product testing for the client sues. They challenge you to think outside the and traveled to Brazil and Argentina to assess box and then give you opportunities to apply the effectiveness of the company’s language what you’ve learned in real-life situations. learning software. The field studies program provided me My goal is to someday have my own busi- opportunities to do just that. One field study ness, and my experiences at BYU helped me I participated in helped me apply what I’d realize my potential as an entrepreneur. I learned about product testing and entering learned how to articulate an idea, develop an new markets, because we were helping an idea, and make it work. SPECIALIZATION You choose what you want to become. MBA students pick an academic area of specialization that best suits personal and professional interests. Specialization is important in launching your career. It increases your individual marketability, as it gives you an area where you begin to develop your own expertise. This expertise can be extended through an internship and elective courses that will help prepare you for a chosen field. Specialized knowledge helps open doors for immediate and long-term growth and development. MBA Majors: • Finance • Marketing • Supply chain MBA Minors: • Information systems • Strategy name: JOB: PHD IN MANAGEMENT, UCLA Jeff Dyer LOCATION: PROVO, UTAH job: MARRIOTT SCHOOL HORACE BEESLEY PROFESSOR OF STRATEGY; CONSULTANT AND MANAGER FOR BAIN AND COMPANY E very organization needs employees who see what contributes to it. If the problem is are skilled at problem solving. Through declining profits, we break that down—does it our business strategies curriculum at BYU, have to do with revenues? Or costs? Or both? we help students develop structured skills so As students wrestle with these questions, they they can identify a problem and break it down. are able to develop important strategic skills. On the first day of class, I present a case • Entrepreneurship • Global Management Certificate/International JOINT DEGREES This option marries an MBA to another graduate degree at BYU. The Marriott School, in conjunction with other schools on campus, currently offers two joint degrees: JD/MBA (law) and MBA/MS (engineering). Independent admission to both programs is required for each joint degree. Our business strategy faculty brings real- from a company facing a problem and ask world experience to the classroom to help students for solutions. When they’ve exhaust- students understand how to make theory us- ed their ideas, I present one they might have able in the real world. That allows us to bet- derived if they had applied strategic frame- ter prepare our students for jobs in strategy works. I help them draw out the problem and consulting and general management. 10 : byu mba • Product development • Organizational behavior/human resources opening minds : 11 FIRST YEAR Although you will declare an area of specialization when you begin the MBA program, your first year is heavily weighted with management core classes covering a wide variety of topics. These courses provide vital tools, concepts, and techniques for analysis in each of the functional areas of business. Core classes convey the basic set of business tools every MBA graduate must master. Our program follows a lockstep format—first-year students enter the program in the fall and are organized into groups that take the same classes together. In the second semester students take a mixture of required core classes and discipline-specific courses to help prepare for summer internships. Students spend much of their time working in small study teams; group work is an essential part of the MBA program. After completing the first-year course work, students are strongly encouraged to complete a summer internship that will further their professional interests. The internship experience can greatly enrich academic work during the second year of the program and is beneficial in securing full-time employment after completion of the MBA degree. The Marriott School Business Career Center works with students during the first year of the MBA program to help them find internships and during the second year to find full-time employment. SECOND YEAR After completing the first year, MBA students have more opportunities to explore major and elective courses. Only a handful of core classes are required in the second year. The remaining credit hours comprise required courses and electives that can further a specialization or personal interest. More than 80 MBA electives are available to students. Electives change each year and are sometimes developed by faculty to meet specific needs or interests. A full list of elective courses can be found on the MBA web site: mba.byu.edu. GLOBAL THINKING HAVE YOU LIVED ABROAD? DO YOU SPEAK A SECOND OR THIRD LANGUAGE? SOME MBA STUDENTS ADD AN INTERNATIONAL COMPONENT TO THEIR DEGREE BY EARNING A GLOBAL MANAGEMENT CERTIFICATE. EARNING THE CERTIFICATE IS A GREAT WAY TO ENHANCE YOUR MARKETABILITY WITH GLOBAL COMPANIES. REQUIREMENTS INCLUDE AN INTERNATIONAL BUSINESS EXPERIENCE/INTERNSHIP, INTERNATIONAL BUSINESS COURSES, AND PROFICIENCY IN A SECOND LANGUAGE. INSTRUCTION IN BUSINESS TERMINOLOGY, VOCABULARY, AND CULTURE IS OFFERED IN 11 LANGUAGES. 14 : byu mba Heart �e �entral �r �nnermost �ar� �f a s�stem �r organization; the �ital center and �ource �f one’s being, �motion�, an� sensibilities. IN A SINGLE YEAR, THE HUMAN HEART BEATS ABOUT 35 MILLION TIMES. THIS POWERFUL MUSCLE MOVES YOUR BLOOD 12,000 MILES A DAY, GIVING YOUR BODY THE VITAL ENERGY IT NEEDS. Faculty, students, and alumni make up the core, or heart, of the BYU MBA program. The vital contributions of each create the dynamic learning environment that has become one of the nation’s top business schools. In an increasingly competitive business world, the Marriott School is unique in its approach to management education—valuing collaboration over competition. FACULTY “We’re only as good as you are,” quips Gary Rhoads, a popular marketing professor who takes students’ success personally. “We’re intricately tied to what you do with the rest of your lives.” Professors like Rhoads spend a great deal of time outside of class making sure students are grasping new concepts and making career progress. This kind of attention is not unusual at BYU—one of the few nationally ranked MBA schools without a PhD program. Your classes are all taught by professors, not PhD candidates. Professors are handpicked from the more than 130 full-time Marriott School faculty members to teach in the school’s flagship MBA program. In addition to teaching at the Marriott School, many professors have also taught at other top American business schools: Harvard, Wharton, Stanford, Michigan, UCLA, Dartmouth, and Darden, to name a few, and at some leading international business schools, including London, INSEAD (France), IMD (Switzerland), and the Hong Kong University of Science and Technology. The school’s world-class faculty excel as teachers and as researchers. They exert their influence through publications in the most prestigious management journals and are quoted in the popular business press. They also stand out as leaders of professional organizations such as the American Academy of Management, American Taxation, Strategic Management Association, Society of Competitive Intelligence, American Accounting Association, and the Financial Accounting Foundation—the organization that oversees the establishment of accounting standards. 18 : byu mba name: education: PHD IN ORGANIZATIONAL COMMUNICATION, USC Kriste� DeTienne LOCATION: PROVO, UTAH job: MARRIOTT SCHOOL PROFESSOR OF ORGANIZATIONAL LEADERSHIP AND STRATEGY. CONSULTING ASSOCIATE FOR OASIS MANAGEMENT CONSULTANTS R ight from the start, I want students in and share some great advice. When we get the OB/HR major to get to know each back to the Marriott School, the students are other and our alumni. I organize an annual white-water rafting trip in Montana and invite alumni to come along. We pile into vans and drive for 12 hours. ready to jump into the program. I love it here because we’ve got great students. They’re eager to do well and work hard. I’m amazed as we review applications and By the time we arrive, all of the students are look at the incredible things they’ve already friends. The alumni talk to the students—be- accomplished. The students love the chal- tween rapids, of course. The alumni chat lenge of diagnosing and solving organization- about their jobs, the industry, and what they al problems, and the MBA program prepares do in their firms. They bring up current trends them well for leadership positions in the field. opening hearts : 19 name: JOB: Artie Gulden LOCATION: HOSPITAL ADMINISTRATOR, ENSIGN GROUP CAVE CREEK, ARIZONA EDUCATION: GEOGRAPHY AND HISTORY, BUCKNELL UNIVERSITY; MS, GEOGRAPHY, UNIVERSITY OF WISCONSIN–MADISON I was scared. It was the first day of orienta- tion, even though I’d feared it in the begin- tion and I had just met my semester group. ning, turned out to be a blessing. We learned My previous experiences with group work had to rely on each other and realized none of us been negative, so as I shook hands with these could do it alone. This was one of the greatest strangers, I was nervous to spend the next learning points in the MBA program for me. four months with them. I figured I’d just put in my time with the group and then be off. As the semester continued, my group ex- No week went by that I wasn’t working one-on-one with a professor. Their goal wasn’t to just help me with an assignment; perience ended up being completely different their goal was to really teach me and help me from what I’d envisioned. My group interac- learn what I needed to succeed. STUDENTS BYU MBA students are anything but ordinary. Coming from nearly every continent on earth and with more than 80 percent speaking a second language, it’s no wonder our students have a flair for global business. They use their varied backgrounds in music, medicine, engineering, and communications to add a unique perspective to the school. This diversity adds to the distinct learning environment that makes up the MBA program. By using a collaborative culture, the Marriott School is distinguished from other business schools. Emphasis is not placed on student competition. Instead, teamwork is taught to help students learn from each other. A desire to see each other succeed overshadows the competitiveness found at many other schools. The intimate atmosphere, which averages 40 students per class, also fosters this learning environment. Students are able to work closely with professors and one another to gain the most educational experience available. Friendships and associations last longer than the two-year program—they last a lifetime. GRADUATES After completing the BYU MBA program, graduates join a network of more than 40,000 alumni committed to the school’s mission and success. Our alumni are anxious to make meaningful contributions to MBA curriculum and programs. Many of these professionals consult with faculty and address students at seminars and lectures. They value the education they received here and commit their time, abilities, and resources to the development and mentoring of future business leaders. The alumni network and the ties students form within the program can open doors for lifelong career development and placement. 20 : byu mba opening hearts : 21 Soul The �nimatin� and �ital þrinciple in �umans; spirit. WE BELIEVE THAT AN EDUCATION SHOULD NOT ONLY UPLIFT THE MIND BUT ALSO THE SOUL. A BYU MBA IS DIFFERENT FROM ANY OTHER. MAKING IT A SOUL-ENLARGING EXPERIENCE REQUIRES A COMMITMENT OF SPIRIT FROM FACULTY AND STUDENTS. DISCOVERING AND LEARNING TO APPLY CORE VALUES AND ETERNAL PRINCIPLES IS A REAL PART OF THE BYU EXPERIENCE. BYU EXPERIENCE An example of learning by study and by faith can be seen in a one-of-a-kind finance final. Acting on a spiritual prompting, Professor Michael Pinegar decided one semester to offer a choice of two final exams. Option one was to take the regular final, a rigorous eight-hour take-home exam dealing with issues discussed that semester. The test would be comprehensive and account for 50 percent of the final grade. The alternative final would give students the grades they had already earned, but would require them to spend four hours serving someone. They would also be required to spend two hours reading the scriptures and other church literature to learn what the Lord has said about the accumulation and disposition of wealth. The students were encouraged to relate this experience to class concepts and submit a report on their service and reading. “I spent more time reading these finals than I would have the regular finals,” Professor Pinegar says. “At times, what I read brought tears to my eyes. On a regular final, that would not be a good sign.” Spiritual education is part of the classroom and campus-wide experience. University devotionals and forums, held each Tuesday, enliven the BYU experience. Devotional speakers can be apostles or professors sharing what matters most to them. Other invited guests, such as former Justice Sandra Day O’Conner, poet Li-Young Lee, and former White House Bureau Chief Helen Thomas, take advantage of this unique forum to share personal feelings and professional insights. Few campuses value faith and spiritual development as much as Brigham Young University—pausing every Tuesday morning at 11 a.m. for a devotional or forum. More than 20 different faiths are represented on campus; the large majority of students are members of The Church of Jesus Christ of Latter-day Saints. Student congregations meet each Sunday to worship and learn more about their faith. Members of the Church of Jesus Christ are organized into wards (small congregations of about 150) to study the restored gospel of Jesus Christ. Student wards also serve as the hub of social activity on campus, providing opportunities to date, serve, and lead various activities. 26 : byu mba name: EDUCATION: Sarah Davis SALT LAKE CITY, UTAH JOB: M LOCATION: TECHNICAL SALES MAJOR, WEBER STATE MARKET SPECIALIST, JOHN WILEY AND SONS y experience in the MBA program taught me that my education was an oppor- taught me to better understand people. tunity to expand my ability to touch lives. The program doesn’t foster an environment I look back on who I was two years ago and where people are going to step on someone realize that because of my experience at BYU else to get ahead. It was a friendly, collabora- I’m a better person. I came to see my education tive setting. as so much more than just studying business I found out that there are many faculty cases and learning how to calculate net pres- members at BYU who could teach just about ent value. The program actually changes peo- anywhere, but they decided they wanted give ple and makes us better in our communities, in back to the next generation. Their example our neighborhoods, and with our families. CHURCH SPONSORSHIP, HONOR CODE, ETHICS name: education: MBA, BRIGHAM YOUNG UNIVERSITY Andrea Thomas LOCATION: BENTONVILLE, ARKANSAS job: SENIOR VICE PRESIDENT OF PRIVATE BRANDS, WAL-MART STORES INCORPORATED B efore I came to BYU, I don’t think I really At BYU you get a truly holistic experience. understood what it was like to give 200 Our ethics courses were fascinating, because percent of myself to something. When I got we were able to bring in gospel principles to here I committed that I would get as much explain concepts. In ethics discussions out- out of my two years as I possibly could. So side the university, you address the same for every class, every case, and every assign- concepts but you have to really work to get ment, I thought to myself before I finished, the language right. The MBA program inte- “Have I done my best?” That level of determi- grates your personal values into business nation and striving for excellence was some- principles and helps that part of you play a thing I learned here in the program. more visible role in your education. 30 : byu mba The Marriott School at Brigham Young University is here to attract, develop, and place men and women of faith, character, and professional ability who will become outstanding leaders capable of dealing with change in a global environment. This atmosphere is created and preserved through commitment to conduct that reflects those ideals and principles. All members of the BYU family—faculty, administrators, staff, and students—agree to maintain the highest standards of honor, integrity, and morality. They strive to follow the example of the Savior, Jesus Christ. Members of the campus community also follow modest dress and grooming standards that enhance the learning atmosphere. Individuals who are not members of the Church of Jesus Christ are expected to maintain the same standards of conduct. BYU students commit to be honest in all their dealings. All work must be their own unless specified. Students should avoid academic dishonesty in all its forms, including but not limited to plagiarism, falsification, cheating, and other academic misconduct. A complete description of the BYU Honor Code is found at honorcode.byu.edu. Recognized by recruiters around the world as one of the best places to hire graduates with high ethical standards, BYU supports David O. McKay’s teachings that character is the highest aim of education. Marriott School professors recognize this truth and its importance in becoming a trusted leader. The development of strong moral and spiritual values along with essential management skills help BYU graduates conduct business with integrity. opening souls : 31 Door A �eans �f �pproach �r access to success; an �ntryway to �ew �pportunitie�. An �gress �rom somethin� �ood �o something �ette�. WE PASS BY DOZENS OF THEM EVERY DAY. THE KEY IS KNOWING WHICH ONE TO OPEN AND WHERE IT WILL LEAD. THE MARRIOTT SCHOOL, ALONG WITH ITS EXTENSIVE NETWORK OF ALUMNI AND FRIENDS, IS READY TO HELP YOU FIND THE RIGHT DOOR. Whether you are looking for a career in a Fortune 100 company or you have dreamed of creating your own start-up, a BYU MBA can help you maximize your potential. Equipped with new knowledge and abilities, Marriott School graduates are in increasingly high demand. CAREER MANAGEMENT The Steven and Georgia White Business Career Center is the focal point of the school’s placement, internship, and field study efforts. This facility is equipped with a large presentation room, a reference library, an eRecruiting system, and 20 interview rooms to accommodate recruiters. Students also use the career center to get career counseling, participate in mock interviews, and receive résumé critiques. These resources, combined with an experienced career-employment staff, will allow you to maximize your career potential. When it comes to bang for the buck, the BYU MBA offers unprecedented value. The Financial Times ranked the Marriott School’s MBA program No. 2 for the highest percentage salary increase of North American schools. These graduates landed jobs paying an average of 157 percent more than their preMBA salaries. Good job placement and low tuition cost contribute to a debt pay-off period that Forbes calculates as only 2.2 years—the shortest for graduates anywhere. Sponsorship by and financial support from The Church of Jesus Christ of Latter-day Saints enable BYU © Corbis/Veer to keep graduate tuition costs among the lowest. This low tuition functions much like a scholarship from the church in reducing the individual cost of obtaining an MBA. As a result, many BYU MBA students are able to avoid the heavy student-debt load often associated with obtaining a highly ranked MBA degree. 34 : byu mba name: JOB: Aaron McKay LOCATION: INVESTMENT CONSULTANT, CAMBRIDGE ASSOCIATES BOSTON, MA EDUCATION: BUSINESS MANAGEMENT MAJOR, WEBER STATE UNIVERSITY I stepped onto the plane in Salt Lake and 45 Soon after I arrived, I was able to imple- hours later stepped off in Mozambique. I ment my business plan to develop the organi- was there to develop a business plan, and I zation’s water technology business. We creat- knew no one, I had no contacts, and no place ed simple water pumps out of local materials to live. I was starting from the ground up. and found a way to dig wells and install the The BYU Economic Self-Reliance Center pumps cheaply and easily. helped me get an internship with ASCEND Al- It was amazing. By the time I left, I had liance. This nonprofit organization was look- launched a sustainable business by using ing to expand to Africa, and they needed a the skills I’d gained in the MBA program. Portuguese speaker to get an inside view on More importantly, I felt like I’d really made Mozambique’s business opportunities. a difference. SAMPLE OF RECRUITING COMPANIES name: job: FORMER DELL CEO Kevin Rollin� LOCATION: DOVER, MASSACHUSETTS education: MBA, BRIGHAM YOUNG UNIVERSITY M y MBA gave me great career options. your success in life is going to depend on I received a first-class education that your ability to think globally. allowed me to compete with anyone—from What I find as I travel and look at emerging Harvard, Stanford, and others. But it was up nations is a lack of core middle management. to me to do something with it. An MBA hones the ability to understand and An MBA should round you out as a manag- manage finance, people—almost anything. er and should leverage the things you know I had professors who inspired me to do from your undergraduate degree. It should things I didn’t think I could do. I’m grateful also make you aware of the world. We live in they taught me to reach out and take risks. a global economy, a global community, and This gave me the confidence to succeed. 36 : byu mba 3M Dell Lockheed Martin Adobe Deloitte & Touche Medtronic Amazon Deutsche Bank Microsoft American Express Dow Chemical Nestlé Amgen Eli Lilly and Company Nike AT&T Ernst & Young Nissan Avail ExxonMobil PepsiCo Avery Dennison FedEx PricewaterhouseCoopers Bain & Company Ford Motor Company Procter & Gamble Bank of America GAP Qualcomm BMW General Electric Rolex Cambridge Associates General Mills Safeway Caterpillar Goldman Sachs Savage Services Cemex Google SC Johnson Centex Corporation Hewlett-Packard T-Mobile Cisco Honeywell Telefónica Citigroup Intel Union Pacific ConAgra Johnson & Johnson Vanguard Group Credit Suisse JP Morgan Wal-Mart Cummins Kimberly-Clark Whirlpool DaimlerChrysler KPMG Yellow Transportation Find a complete list at mba.byu.edu. opening doors : 37 BYU MANAGEMENT SOCIETY MBA PLACEMENT BY PROFESSION † Do you want to stay connected, even after you graduate? Aside from joining the ranks of more than 40,000 Marriott School alumni, you can get involved with a dynamic professional development and networking organization. The BYU Management Society links managers, executives, lawyers, accountants, bankers, investors, and other professionals together. Committed to growing moral and ethical leadership around the world, this organization is dedicated to lifelong learning, service, networking, and supporting BYU. Although the Marriott School sponsors the Management Society, its membership is not restricted to BYU or Marriott School alumni. In fact, membership includes a large number who are not alumni or members of the Church of Jesus Christ. The Management Society has sixty-five active chapters throughout the world. Finance/Accounting 36% Marketing/Sales 18% Human Resources 14% Operations/Logistics 11% Consulting 8% General Management 6% Other 7% MBA STARTING SALARIES † PROFESSION NORTHWEST REGION: Portland, Seattle, Spokane, Tacoma NORTH- San Antonio GREAT LAKES REGION: Chicago, Columbus, Indianapolis, ERN CALIFORNIA/NEVADA REGION: East Bay, Sacramento, Silicon Kansas City, Milwaukee, Minneapolis NORTHEAST REGION: Boston, Valley SOUTHERN CALIFORNIA/HAWAII REGION: BYU–Hawaii, New Hampshire, New York, Pittsburg ATLANTIC REGION: Blue Ridge, Hispanic, Inland Empire, Los Angeles, Orange County, Rancho Santa Charlotte, Richmond, Washington, D.C. SOUTHEAST REGION: Atlanta Margarita, San Diego, Ventura County/Santa Barbara UTAH/IDAHO AVERAGE Marketing / Sales $92,289 $21,889 Finance / Accounting $88,674 $17,419 Consulting $98,750 $21,666 General Management $80,857 $15,833 Human Resources $86,313 $15,179 Operations / Logistics $78,367 $12,227 Other $86,438 $14,900 REGION: Boise, Salt Lake City, St. George, Utah Valley SOUTHWEST INTERNATIONAL CHAPTERS: Buenos Aires, Costa Rica, Finland, REGION: Albuquerque, El Paso, Las Vegas, Arizona SOUTH CENTRAL Frankfurt, Geneva, Hong Kong, Manilla, Mexico City, Monterrey, Pana- † As of October 2008 REGION: Austin, Dallas/Ft. Worth, Denver, Houston, Northwest Arkansas, ma, Paris, Sao Paulo, Santiago, Seoul, Tokyo ‡ Does not include: moving allowance, additional guaranteed compensation, or stock options. 40 : byu mba AVERAGE BONUS ‡ opening doors : 41 The Marriott School An �x- �raordinar� �lace �o �pen �earts, �inds, souls, and �oor�. NO MATTER WHERE YOU GO IN LIFE, YOU CAN ALWAYS RELY ON ONE THING—YOUR EDUCATION. AN MBA FROM THE MARRIOTT SCHOOL WILL CHALLENGE YOU WHILE EXPANDING YOUR HEART, MIND, AND SOUL AND OPENING DOORS. GET READY FOR A UNIQUE EXPERIENCE IN A UNIQUE PLACE. AND WHILE YOU’RE HERE, DON’T MISS OPPORTUNITIES TO WORK WITH THE SCHOOL’S RESEARCH CENTERS AND INSTITUTES, PARTICIPATE IN THE STUDENT ASSOCIATIONS, AND EXPLORE THE NEARBY MOUNTAINS AND NATURAL WONDERS. CENTERS AND INSTITUTES How can you gain an added edge? The Marriott School is home to various centers that allow you to do just that. Not only do they help faculty stay current, centers and institutes sponsor mentored research projects for students in many specialized areas. Global Management: The Global Management Center breathes an international perspective into all programs at the school. The center not only sponsors more business language courses than any other U.S. business school, it also works with faculty to develop international cases and sponsors international field study and consulting projects. Earning a Global Management Certificate—through language competency, course knowledge, and international experience—signifies to employers your ability to excel in a global economy. Learn more at gmc.byu.edu. Economic Self-Reliance: Through innovative action research, outreach activities, and applied learning, the BYU Economic Self-Reliance Center brings practitioners, researchers, and community members together to help families throughout the world become economically self-reliant. Find more at selfreliance.byu.edu. ENTREPRENEURSHIP AND TECHNOLOGY: The Rollins Center for Entrepreneurship and Technology educates, encourages, and supports students to successfully start and operate new business ventures using innovative technology. Successful entrepreneurs and business leaders mentor and prepare students to work and lead in a highly digitized world. Students are given opportunities to explore entrepreneurship and innovative technologies through programs like the Student Entrepreneur of the Year, the Business Plan Competition, the Entrepreneur Lecture Series, the Web Business Idea Competition, and the Omniture Web Analytics Competition. Visit learnearnreturn.com. Institutes: BYU MBA students have access to two institutes in the Marriott School—the Peery Institute of Financial Services and the Institute of Marketing. You can participate in a conference with change management experts, meet with financial services executives in New York, or probe marketing managers for the latest trends. Institutes offer scholarships and provide insider access to leaders in these and other specialized industries. Access more at marriottschool.byu.edu. STUDENT OPPORTUNITIES The strong religious element, along with a wide variety of active student organizations provide a measure of balance to the strenuous demands of a BYU MBA education. This focus on individual and family well-being may be why the Princeton Review named BYU’s Marriott School the nation’s “Most Family-Friendly” business school. Women in Management: Field Studies: The Marriott School has an active chapter of Women in Management, a national organization designed to provide support for women in business. Women from both graduate and undergraduate programs participate in discussion groups, attend seminars, play golf, and socialize. Through this program, students become short-term business consultants for real companies while earning credit and making professional contacts. MBA Association: The MBA Association (MBAA) provides students with both social and business-related extracurricular activities. MBAA sponsors professional seminars, religious firesides, community service projects, barbeques, dances, sporting events, and cultural activities. MBA Spouse Association: The MBA Spouse Association provides opportunities for spouses of MBA students to get involved in the MBA experience. Members can get involved in book clubs, children’s music classes, service projects, and continuing-education seminars. Silver Fund: Second-year students can apply to help manage a $1.2 million Marriott School portfolio through participating in the Silver Fund. Business Plan Competition: Students write, pitch, and refine their business plans as they participate in one of the country’s largest business plan competitions. Prizes can include up to $50,000 in cash and in-kind services. Cougar Capital: Cougar Capital is a venture capital and private equity course for MBA students. They manage a real-dollars investment fund and are able to partner with others on large transactions. Other Organizations: If you’ve got a business interest, we’ve probably got a student club or association for you. Check out the: Finance Society, Marketing Association, Investment Banking Club, Net Impact, Collegiate Entrepreneurs Organization, International Graduate Student Association, and more than a dozen others at marriottschool.byu.edu/clubs. marriott school : 47 THIS IS THE PLACE Head 781 miles due east of the Golden Gate Bridge or go 2,188 miles west of the Statue of Liberty and you’ll find Brigham Young University. Tucked up against the Wasatch Mountains along the foothills of Provo, Utah, are nearly 560 acres of well-kept grounds and hundreds of buildings that make up BYU. You’ll see as many out-of-state license plates around campus as you would crossing the Golden Gate—without all the fog. And the view from Y Mountain is pretty spectacular— something as majestic as you might see from Miss Liberty. When you need a break from your studies, five national parks, numerous ski resorts, and almost every type of scenery imaginable are only a short drive away—making this the perfect place to also get an education from nature. Situated in a valley with nearly half a million people, Provo offers a small city feel without losing its college-town charm. Whether you’re looking to hit the slopes at nearby Sundance, do a little hiking on 11,750-foot Mount Timpanogos, or kayak the Provo River, recreational opportunities abound. 48 : byu mba FROM BYU TO: DRIVE TIME Sundance 20 min Alta, Snowbird, Park City 45 min SLC International Airport 45 min Arches National Park 3 hours Lake Powell 5 hours Las Vegas 6 hours MBA ADMISSIONS Applications to the BYU MBA program must be completed online. Acceptance to the fulltime program is for fall only. Admission is conducted on a rolling basis. Log on to: mba. byu.edu/apply. Admission requirements: 1.Commitment to the mission of BYU and its sponsoring organization, The Church of Jesus Christ of Latter-day Saints. Membership in the Church of Jesus Christ is not required for admittance to the program, but an understanding of and a commitment to support the church’s mission are necessary. Please refer to the church’s web site, www.lds.org, and the BYU Honor Code web site, honorcode.byu.edu, for additional information about the mission of the church and BYU. 2.Evidence of management and leadership skills. Full-time management work experience is strongly recommended but not required. Applicants who lack work experience should demonstrate other outstanding qualifications (i.e., above-average GMAT score and GPA, strong interview and presentation skills, and quality internship experience). 3. Academic ability as evidenced by GMAT score and GPA. 4.Bachelor’s degree from an accredited college or university. For international students the undergraduate degree must be equivalent to a U.S. four-year degree. I nternational Applicants: Strong English skills as evidenced by the Test of English as a Foreign Language (TOEFL) or the International English Language Testing System (IELTS). All international students for whom English is not the first language and who receive their undergraduate degree from a foreign university are required to take the TOEFL or IELTS. A COMPLETE APPLICATION INCLUDES THE FOLLOWING: • APPLICATION FORM • BYU HONOR CODE COMMITMENT • RÉSUMÉ • STATEMENT OF INTENT • PERSONAL ESSAYS • LETTERS OF RECOMMENDATION • TRANSCRIPTS • TEST SCORES: GMAT, TOEFL/IELTS (IF APPLICABLE) • APPLICATION FEE • F INANCIAL DOCUMENTATION (INTERNATIONAL APPLICANTS ONLY) 52 : byu mba FINANCIAL AID Typically, MBA degrees have one of the highest costs in graduate-level education. However, because of support from The Church of Jesus Christ of Latter-day Saints, BYU MBA tuition has been kept very affordable—particularly for active members of the church. Annual BYU MBA tuition (two semesters) is roughly one-quarter that of the average cost of MBA tuition at the top 50 schools in the United States. In addition to heavily subsidized tuition, students may also qualify for scholarships and award money. In the past, more than half of BYU MBA students have received some type of scholarship assistance. Scholarships and Awards: MBA Program Scholarships—MBA program scholarships are based on academic merit, leadership, and financial need. All incoming MBA students are automatically considered for the MBA program scholarship at the time of application. No additional application is needed. Dean’s Scholar—All first-year MBA students are considered for Dean’s Scholar awards, which are full-tuition scholarships for the first year of the MBA program. Recipients are selected based on demonstrated leadership and past academic performance. Marriott School Private Scholarships—Second-year MBA students are eligible for numerous private scholarships available through the dean’s office. Hawes Award—Hawes Scholars receive the highest distinction given to second-year MBA students. Selected by faculty and students for academic performance, leadership, and service, each scholar receives a $10,000 cash award. Loans: Stafford Federal Loans and Marriott School loans are available to full-time students in good academic standing whose combined family and personal resources are inadequate for the continuation of study. Students should contact the byu Student Financial Aid Office for information concerning application. Assistantships: Assistantships are offered to many second-year MBA students. Students may apply for these positions at the end of their first year. For more information on scholarships, financial aid, and estimated educational expenses, visit mba.byu.edu/financialaid. Stoddard & Questar Scholars—These awards are given to second-year MBA students in the finance major who have exceptional academic records and have contributed to the MBA program in a significant way. Cardon International Sponsorship (CIS) Program—International students who are members of the Church of Jesus Christ and will return to their native countries after the MBA program may qualify for a scholarship to cover tuition, books, and insurance as well as living expense loans to cover rent and food, based on financial need. International Graduate Student Scholarship (IGSS)—International applicants admitted to a Marriott School graduate program may be eligible for the IGSS. Scholarship awards range from one-quarter to full tuition at the LDS rate. Students are automatically considered for IGSS upon admission to a program. No additional application is needed. CIS recipients are not considered for the IGSS. Single-Parent Scholarship—Single parents with dependent children may qualify for a tuition and book scholarship. 54 : byu mba marriott school : 55 WHY HERE AND WHY NOW? The BYU MBA program could very well be two of the most challenging years of your life. This intense experience demands hard work, dedication, and sacrifice. But the results of your efforts will be the acquisition of world-class management skills and the formation of lifelong friendships with classmates and professors. And there is no better time to get a BYU MBA than now. While some programs across the nation are cutting their class size, we are in the process of doubling the size of the Marriott School’s flagship MBA program. These efforts will enable more men and women of faith, character, and professional ability to gain valuable leadership skills. The world needs more business leaders who value integrity and character. In the unique atmosphere of BYU, we will help you develop rigorous analytical tools and problem-solving skills along with a deeper appreciation for the role of integrity in modern business. We also place a strong emphasis on effective leadership. We build into our curriculum tools to help you become a better leader in your career as well as in your home, community, and church. In doing so, BYU MBA graduates are ready to contribute to the success of any team in virtually any organization. If you’re looking for an MBA program with a soul that will help open your mind, heart, and doors to your future, I invite you to apply to the extraordinary BYU MBA program. When [�rust, �onest�, righteousness, justice, �ercy, �indness, �ove] �ecome the �oving �orc� �f all one’s thoughts, �ctions, and �esires, �hen one �ay �e said to �osses� �n�egrit�. : n. eldon tanner Sincerely, BYU MBA PROGRAM Craig Merrill Director, MBA Program W437 TANNER BUILDING PROVO, UTAH 84602 PHONE: 801.422.3500 FAX: 801.422.0513 EMAIL: MBA @ BYU.EDU WEB: MBA.BYU.EDU opening : 57 58 : byu mba