What Distinguishes the MIT EMBA

advertisement
MIT Executive MBA Program
Sponsorship Proposal Resource Guide
Overview
The purpose of this Resource Guide is to provide prospective MIT EMBA
students content which will be helpful in developing an effective Sponsorship
Proposal for your organization. This Guide is a reference for your convenience as
you assess what information to include in your proposal.
As you draft your proposal, here is a list of questions commonly asked by
sponsoring executives.







How does an MBA align with your responsibilities, your development plan,
and your company’s priories?
How will this benefit the company?
How will this impact your job and improve your performance?
How will you handle the time away from the office?
How much does it cost? What are the payment terms?
How do I know that if I sponsor this education, you will not leave the
company before we have seen a return on our investment in you?
What distinguishes the MIT EMBA and the impact it will have?
Please keep in mind this document is not a proposal but rather a collection of the
ingredients that we have seen in successful proposals. Jump to sample proposals
here.
MIT Executive MBA Program
Sponsorship Proposal Resource Guide
Table of Contents












The MIT EMBA Program Overview ………………………
What Distinguishes the Program …………………………..
Program Components ……………………………………...
Course of Study ……………………………………………
Tuition and Payments ………………………………………
Corporate Sponsorship ……………………………………..
Candidate Commitment …………………………………….
Cohort Statistics …………………………………………….
MIT EMBA Program Calendar …………………………….
Participating Organizations …………………………………
Recent Media Coverage …………………………………….
Student Testimonials ………………………………………..
Page 1
Page 2
Page 2
Page 4
Page 5
Page 5
Page 6
Page 7
Page 8
Page 9
Page 11
Page 13
The MIT EMBA: Program Overview
The MIT Executive MBA is a rigorous, 20-month, executive-schedule MBA program designed
for mid-career executives poised at pivotal junctures in their careers. Through advanced
management practices and applied learning projects, executives emerge with a broader
perspective and the tools to increase their impact. The EMBA program is an opportunity to join
an elite forum for innovation and leadership, in which mid-career executives develop an edge in
their management capabilities and build a network and connection to MIT that lasts a lifetime.
The MIT Executive MBA provides a platform to increase knowledge, capabilities and impact.
The program is specifically designed to maximize learning while complementing the work lives
of students.
This program allows students to apply classroom learning to real work projects. Students will
have opportunities to work closely with renowned faculty, and to collaborate with a diverse
and distinguished peer cohort to gain fresh insight on organizational issues and to develop
innovative solutions.
Each class cohort is comprised of successful professionals drawn from a broad spectrum of
industries, job responsibilities, and nationalities. MIT seeks candidates who have demonstrated a
skilled capacity to lead, work as a team, creatively solve problems, and push themselves to
achieve their potential.
Page i
The program is designed to increase the impact of executives by providing:





A world-class educational experience that integrates classroom learning with real-time
job performance, creating immediate organizational impact.
A complement to functional expertise that includes a solid foundation in the science of
management.
Access to MIT’s cutting-edge research in business, leadership, and technological
innovation years before that knowledge becomes main stream.
Cross-industry best practices from renowned faculty and distinguished peers.
Increased ability to support company growth and profitability with leading management
techniques and data-driven approaches.
Key Program Information for Class of 2016








20-month program
Classes every third weekend (Friday/Saturday)
One week-long executive module every six months
One-week international Global Organization Lab (GO-Lab)
Action Learning trip
Orientation Weekend, September 19-20, 2014
Classes start on October 18-25, 2014
MIT Commencement on June 3, 2016
Class of 2016 Tuition: $149,000
What Distinguishes the MIT EMBA
Program design—The program is designed around a schedule that allows busy executives to
balance work and personal life with a strategic investment in their careers. Weekend classes
(Friday and Saturday) usually meet once every three weeks, with week-long modules every six
months.
Applied learning—MIT’s credo mens et manus (mind and hand) is manifested in action
learning projects centered on both the student’s own organization and outside organizations.
Through these projects every EMBA student puts techniques learned in the program into use
immediately. This applied learning approach deepens the educational experience and enables
the student and sponsoring organization to leverage the value of the program right from the
start.
Elite peer group—The EMBA program consists of an elite peer group of accomplished midcareer professionals. They represent a wide cross-section of industries, roles, and nationalities,
resulting in rich, cross-functional perspectives and productive collaborations.
Faculty expertise—The MIT faculty are influential architects in the creation of management,
finance, innovation, and strategy best practices. During the program, students collaborate with
Page 2
these thought leaders to develop the advanced management capabilities they need to realize
their organizations’ strategic priorities.
MIT Community—At the heart of the program is the opportunity to join an elite forum for
innovation, collaboration, and leadership. Upon acceptance to the program, every MIT EMBA
gains access to MIT’s tight-knit community of influential thought leaders, Research Centers, and
125,000+ alumni.
Program Components
The MIT Executive MBA curriculum combines critical, data-driven analytical approaches with
the fundamentals of business leadership. Drawing on the faculty’s deep expertise in finance,
innovation, global management, and more, the program uses an integrative, action learningbased approach to executive-level management education.
Weekend Sessions
The 26 weekend sessions meet all day Friday and Saturday and are spaced about three weeks
apart. These sessions provide iterative engagement with the program courses and an
opportunity to work with classmates and build on one another’s experiences.
Executive Modules
The four executive modules are each 6-9 days long, and are spread six months apart. They offer
the immersive experience which is typically a benefit of being a full-time student at MIT. The
executive modules combine intensive classwork, collaboration with classmates on projects, and
evening events and speakers that build tight bonds within the class cohort and across the MIT
community.
Action Learning Projects
Action learning projects are a central component of classes. They provide an opportunity to
immediately apply the methodologies taught to the student’s organization and to industries of
interest. Midway through the program comes Organizations Lab (O-Lab), an opportunity to
use the coursework so far – particularly System Dynamics and Operations Management – to
improve a process in the student’s own organization.
In the final spring semester comes the capstone action learning project, Global Organizations
Lab (GO-Lab). In GO-Lab, students work as part of a small EMBA-only team with an
international company to help them solve a global integration issue. This includes one week at
multiple company sites worldwide for field research and immersion in the company’s challenges.
Electives
During the three electives periods (January ’15, January ’16, and Spring ’16), EMBA students
have an opportunity to explore specific areas of interest more deeply. Electives may vary from
year to year and include advanced topics and cutting-edge research. MIT EMBA students may
also take advantage of cross-registration privileges in MIT’s full-time programs and at Harvard
University.
Page 3
Over the last half century MIT Sloan has defined the science of management and engineered
innovations that have changed the face of business. System Dynamics, Marketing
Science, McGregor’s Theory X and Theory Y, and the Black-Scholes derivatives pricing model
all began here. During the program you will follow a course of study that emphasizes MIT’s
traditions of thought leadership, bold experimentation, data-driven analytics, and direct
application of theory into practice.
Page 4
Tuition and Payments
The tuition for the Class of 2016 MIT EMBA Program is $149,000. Tuition is paid over three
calendar years: $23,400 in 2014; $92,600 in 2015; and $33,000 in 2016.
Sample MIT EMBA Tuition Payment Schedule, (Class of 2016)*
Tuition Term
Date Due
Deposit
Based acceptance decision
date
No later than August 2014
$10,000
Fall 2014
October 1, 2014 (less deposit)
$23,400
Spring 2015
January 1, 2015
$36,200
Summer 2015
July 1, 2015
$23,400
Fall 2015
August 1, 2015
$33,000
Spring 2016
January 1, 2016
$33,000
Total Class of 2016 Tuition
Class of 2016
$149,000
*Deposit is deducted from Fall 2014 payment. This tuition schedule is provided as sample only. It
can and should be modified based on the amount of financial sponsorship you are negotiating with
your organization. Actual tuition payments will vary from class to class. Travel and accommodation
expenses are not included in tuition fees and will vary based on location and student preferences.
Corporate Sponsorship
The EMBA program is for organizations who seek a competitive advantage based on
exceptional strategic and operational management. By equipping leaders with advanced
management practices and a broad perspective, companies emerge with the executive
leadership needed to develop and execute winning business strategies for today’s global
economy.
The MIT EMBA program design requires that students be employed. The program also requires
approval and support from the EMBA’s manager and organization regarding:
 time out of the office
 applied learning on the job for the duration of the program
 approval for international travel (if applicable)
The MIT EMBA application process requires a minimum of two letters of recommendation.
One must be from the candidate’s employer, preferably a manager. The letter should address
the candidate’s specific qualifications as an applicant, and should also address the issue of the
time away from the office that will be required for full participation in the program.
Page 5
It should be noted that the MIT EMBA is one of the most demanding and competitive executive
MBA programs currently available. The program accepts approximately one in four candidates,
making the MIT EMBA one of the most selective top-tier executive MBA in the world.
Therefore completing the application process is not a guarantee of acceptance, but strong
company commitment helps the admissions committee recognize a candidate’s strengths and
potential.
Candidate Commitment
Candidates may want to include a statement of commitment to their sponsoring company.
Sample Candidate Commitment Statement
I am fully aware of the magnitude of the time and financial investment represented by the
proposed MIT EMBA sponsorship. I am fully committed to building capability, capacity and value
at COMPANY over the long term, and feel this is the right step to accelerate my progress
towards this goal.
I am willing to sign an employment contract that would require me to complete a
predetermined and mutually agreed period of service. Failure to meet this expectation would
require a level of reimbursement to the COMPANY.
The mission of the MIT Sloan School of Management is to develop principled, innovative leaders
who improve the world and to generate ideas that advance management practice. As a result of
this transformational learning process, I look forward to applying my expanded perspectives and
skills to achieve our of our organizational goals.
Page 6
MIT EMBA COHORT STATISTICS
Page 7
Page 8
A Sample List of Participating Organizations
113 Industries
3G Group
5 Elements West
Abine
Acadian Asset Management
Accenture
AECOM
AeroSat Corporation
AGCO Corporation
Agenus
AGRITECH
Alkermes
Alsaad General Contracting Co. Ltd.
Amazon Millworks, LLC
American Tower Corporation
Amtrak Information Technology
Analog Devices
Apex Controls, Inc.
AquaVida International
A-T Solutions
Atlantic Capital America
Attivio
BAE Systems
Bank of America
Baylor Health Care System
Beth Israel Deaconess Medical Center
Biogen Idec
Bluefin Labs
Boston Art Commission Mayor's Office of
Arts Tourism and Special Events City of
Boston
Boston Housing Authority
Boston Scientific
Brigham and Women's Hospital
Bristol-Myers Squibb Company
Broad Institute of MIT and Harvard
Broadcom
Broan
Brown University
Cabot Corporation
Campus Crusade for Christ
Case Western University Hospitals
Cerami & Associates
Chevron Corporation
Cimetrics
Cisco Systems, Inc.
Citigroup
Clear Channel Media + Entertainment
Coastal Eye Care, PA
Coca-Cola
Commonwealth Financial Network
Continental AG
Corporacion Industrial, S.A.
Corporación Multifranquicias
Crazy Eagle Marketing
DA Davidson&Co
Dana-Farber Cancer Institute
Dell Inc.
Destiny USA
Dimensional Insight
Disney / ESPN
Distributed Sun LLC
Dividend Capital DPF
DMK Holdings
Dunkin' Brands, Inc
DuPont Pioneer
E.W. Scripps Co.
Eastern Maine Medical Center
Efinancial
Eisai
Eiscom
EMD Serono
ENEL
Envoy Advisors
Ernst & Young (CIS) B.V.
Export Development Canada
Farsund Aluminium Casting AS
Federal Aviation Administration
Federal Reserve Bank of Boston
Federal Reserve Bank of New York
Fidelity Investments (FMR LLC)
Fraen Corporation
Fresenius Medical Care NA
GE Appliances and Lighting
GE Aviation, US
General Electric
Genzyme, a Sanofi Company
GLOBAL DRUG DEVELOPMENT
CONSULTING, LLC
Greatbatch/Electrochem Solutions
Harvard Management Company
Haymakers for Hope
High Connection Density, Inc
Hotwire
HSBC USA
IBM
ICF SH&E
IDL Solutions
Information & Logistics Inc.
InstallerNet, Inc.
Internet Think Tank, Inc.
Intueor Consulting
Invensys
InVivo Therapeutics
Iron Mountain
Ironwood Pharmaceuticals
ISN
J Street
Jabil Inc.
JP Morgan Chase
KCI Technologies, Inc.
Kimley-Horn and Associates Inc.
KOBREX S.A. DE C.V.
Lam
Lumenis
MA Department of Public Health
Mass General Hospital
Massachusetts Institute of Technology
McKesson
MedImmune
Merck
Metlife
MFS Investment Management
MGH - Partners Healthcare
Microsoft
MIT
MITRE
Monsanto Company
Monster Worldwide Inc.,
Multi Packaging Solutions
Nathan Associates
National Science Foundation
Neosaej Corp.
Neuberger Berman Management LLC
NeuCo, Inc.
Newport
NewWave Technologies Inc
Novartis Institutes for BioMedical Research
Numerica
Occidental Petroleum Corp
OctoPi Project Management
Odebrecht International
Orbital Sciences Corporation
Paneira Bread
Papa Gino's
Pfizer
Philips Healthcare
Plato Learning
Pro Sports Orthopedics, Inc.
ProPhase, LLC
Prudential Financial
QID TECHNOLOGIES
Raytheon
RealNetworks
Rolls-Royce
RORA Client Systems Inc.
Rosemount Consulting Partners
Sanofi
Santander Investment Securities Inc.
Seagate Technology
Selventa
Sharp
Shell Oil Company
Shire HGT
SiTEL
Smith & Nephew
SOPRINSA
St. Jude Medical
Stabilit
State Street Corporation
TDL Latam
TEECOM
Teleios International
TerraCycle, Inc.
The World Bank
Tjac Student Living
Tourmalet Advisors
Travelzoo
Tufts University/Baystate Medical Center
UC Health
United Technologies Corporation
University of South Florida College of
Medicine
Unknown
Update Company
US Army
US Department of Homeland Security
US Department of State
US Navy
US Navy Office of Naval Research
US Southcom
USAA
UTC Aerospace Systems
Vertex Pharmaceuticals
Vestmark, Inc.
ViS
Walt Disney Company
Watertown Savings Bank
WaveMark
Weill Cornell Medical College
Wentworth Institute of Technology
Western Union Business Solutions
Wolters Kluwer
Xavor Corporation
XL Group, plc
YMCA of Metro North
Ziptask
Page 9
Media Coverage
Poets & Quants
MIT Sloan
February 11, 2013
http://poetsandquantsforexecs.com/2012/01/19/mit-sloan/
US News & World Report
New Salary and Employer Sponsorship Data for EMBA Hopefuls
November 8, 2012
http://www.usnews.com/education/best-graduate-schools/top-business-schools/articles/2012/11/05/new-salaryemployer-sponsorship-data-a-mixed-bag-for-emba-hopefuls
Financial Times
School profile: MIT Sloan
October 15, 2012
http://www.ft.com/intl/cms/s/2/af1d5e42-13aa-11e2-9ac6-00144feabdc0.html#axzz29NDlqJSE
Wall Street Journal
A Day in the Life at MIT's Sloan School of Management
August 23, 2012
http://graphicsweb.wsj.com/documents/BSCHOOL0812/
eFinancial Careers
MBA programs for older financial professionals
June 18, 2012
http://news.efinancialcareers.com/us-en/102791/mba-programs-for-older-financial-professionals/
Poets & Quants
MIT Sloan Graduates Its FIrst Class of Executive MBAs
June 7, 2012
http://poetsandquantsforexecs.com/2012/06/07/mit-sloan-graduates-its-first-class-of-executive-mbas/
Financial Times
Business Schools Come of Age
May 7, 2012
http://emba.mit.edu/images/uploads/FT_Changing_EMBA_Landscape.pdf
Politico
Minding Their Own Business - Healthcare Executives turn to MIT EMBA
May 4, 2012
http://emba.mit.edu/the-mit-impact/news/minding-their-own-business-healthcare-executives-turn-to-mit-emba/
Poets & Quants
Page 11
Ranking the MIT EMBA - Founder of BusinessWeek’s MBA Rankings Comments On It
January 12, 2012
http://emba.mit.edu/the-mit-impact/news/ranking-the-mit-emba-founder-of-businessweeks-mba-rankingscomments-on-it/
Financial Times
Fresh Experiences in the Field
January 9, 2012
http://emba.mit.edu/the-mit-impact/news/fresh-experiences-in-the-field/
Boston Business Journal
Jonathan Lehrich Outside the Box
October 28, 2011
http://emba.mit.edu/the-mit-impact/news/jonathan-lehrich-outside-the-box/
Financial Times
Aiming High
October 24, 2011
http://emba.mit.edu/the-mit-impact/news/aiming-high/
WGBH
MIT and the US Navy Team Up on Alternative Energy
September 29, 20122
http://emba.mit.edu/the-mit-impact/news/mit-and-the-us-navy-team-up-on-alternative-energy/
New York Times
Betting on an MBA
July 24, 2011
http://emba.mit.edu/the-mit-impact/news/betting-on-an-emba/
New York Times
Paying for an EMBA
July 22, 2011
http://emba.mit.edu/the-mit-impact/news/paying-for-an-emba/
TIME
Blue Water, Green Fleet- The Navy Gets Eco-Friendly
July 19, 2011
http://emba.mit.edu/the-mit-impact/news/blue-water-green-fleet-the-navy-gets-eco-friendly/
Bloomberg TV
Pimm Fox Interviews Jonathan Lehrich on MIT Sloan EMBA
May 18, 2011
http://emba.mit.edu/the-mit-impact/news/pimm-fox-interviews-jonathan-lehrich-on-mit-sloan-emba/
Page 12
Boston Business Journal
MIT Exec MBA Program Banks on Experience
May 13, 2011
http://emba.mit.edu/the-mit-impact/news/mit-exec-mba-program-banks-on-experience1/
Financial Times
Trains, Planes and EMBAs
April 11, 2011
http://emba.mit.edu/the-mit-impact/news/trains-planes-and-embas/
Wall Street Journal
MIT’s Sloan School Adds the Program, but Companies Scale Back Sponsorships
June 3, 2011
http://emba.mit.edu/the-mit-impact/news/mits-sloan-school-adds-the-program-but-companies-scale-backsponsorships/
Student Testimonials









"Absolutely fantastic."
"Dynamic, intense to the nth degree, humbling and the beginning of an incredible journey. I can’t
wait to meet the person I am going to become!”
"This program is an excellent way to immediately transform your own work. The exposure to
experiences from other classmates and the professors is invaluable. The frameworks and class
discussions really make you think differently."
"The caliber of professors and of the cohort is fantastic. The program throws you out of your
comfort zone and compels you to think with rigor, grow and stretch intellectually, to draw on the
diverse skills and experience of your teammates, and to discover a whole greater than the sum of its
parts."
"It's like having kids - one of the most challenging experiences that you'll actually enjoy. The program
includes a wealth of diverse and talented individuals that you can learn from, and presents material
and learning opportunities that cause you to change the way that you think about things."
"The MIT Executive MBA experience has been absolutely remarkable. The program provides a
unique learning experience, combining world class faculty with extremely gifted and accomplished
students who bring expertise from a variety of backgrounds. MIT has taken a unique cohort
approach that is designed to get maximum contribution in the learning experience from faculty,
fellow students and each student as an individual.”
"It will be an intense and rewarding experience. It will change your perception of what it takes to be
a successful business leader more than you expect and in ways you did not anticipate."
"If you are seriously considering action based learning and looking for a program with high rigor,
brilliant peers, and world-class faculty then the EMBA Program at MIT Sloan delivers it."
"It is a deep learning environment in which you are submerged in all sorts of learning experiences,
both traditional and non-traditional. The opportunities to increase your knowledge seem almost
limitless.”
Page 13

"Unique opportunity to learn modern principles of finance, economics and theories with practical
use, to interact with highly professional individuals from different industries, and to learn tools that
help you view the world differently and think strategically about business opportunities.”
Page 14
Download