New Mexico Tech MEM Peter C. Anselmo Warren J. Ostergren Intel 22 March 2006 Today’s Topics • A Brief Overview of the Tech MEM Program • Goals • Offerings • Implementation – how to apply now Why? • Serve Engineer and Applied Scientist population • Economic Development in New Mexico • Fit with NMT Mission and Strategic Plan Strategic Issues • Quality Content – Dedicated research faculty and support • Quality Delivery – Dedicated DE group, live courses, student/participant interactions maximized • Optimize the Challenge and Overall Participant Experience Program Design • Patterned after existing Programs – MIT, UM/Rolla, CSM • Newer Programs – UT/Austin, Stanford • Similar to some Systems Engineering and IE Programs – USC, UVa • New Program - UCSD Key Features of NMT MEM • Emphasis on Computation and Analysis – NMT students expect to work • Programming and Software Components – EMGT 502 features VBA/Excel • Systems Approach – Curriculum content and view(s) of the firm • Entrepreneurship Flavor – Unstructured Problems – We’re working on collaborations with UNM, NMSU More Features • Dedicated, Interdisciplinary Faculty – Everybody but 1 in MGT Dept has undergrad science and/or engineering degree – Engineers, Computer Scientists also teaching • Research Connection – ICASA Currency Project – Other faculty research projects Program • 30 Credit Hours total – 21 Core Hours • Includes Capstone Org Entrepreneurship course – 6 Hours of Electives • Engineering electives actively encouraged • 3-Hour Professional Project – Workplace application preferred – Professional paper and presentation required Remote Site Delivery • We have a self-imposed limit of 4 Virtual Classrooms – Includes 2 in Albuquerque • Quality delivery issue • We can stream to anywhere with a reasonable Net connection • Tapes, DVDs available to anybody Remote Site Delivery • We teach each course live once per year – at least • We also offer asynchronous delivery – Via nonlive stream – In “nonlive” semesters during designated times when instructors monitor the stream, answer questions, and enable audio discussions Summer ’06 Offerings • EMGT 503 (Core) – Information Systems in Technology Organizations • One elective course • EMGT 581 (Elective) – Directed Study • EMGT 590 (Core) – Final Project Fall ‘06 Offerings • Fall ’05 – begins the week of 21 August – EMGT 501 – Mgt Science (Core) – EMGT 502 – Financial Management (C) – EMGT 506 – Managing Tech Resources (C) – EMGT 571 – Microeconomics (E) – EMGT 572 – New Product Development (E) – Other Engineering Electives available from other NMT Departments – Contact NMT Distance Ed office (835 6908) for details Location, Location • TVI – Probably the Workforce Training Center at Alameda and I25 • Our current Albuquerque virtual classroom(s) location is next door at 901 University SE – Plenty of Parking – It’s working great • Other options exist 1 FAQ • Differences between NMT MEM and a MBA • Content and Context are the two main difference areas Content Differences • More Analytical – we do math and modeling in many courses • Modeling and Simulation focus • 30 Hours vs 48 (or more) • Project is a mini-thesis – not found in many MBA programs Context Differences • Targeted Audience – people with technical backgrounds moving into managerial positions • Focus on projects instead of teams, though there are plenty of team projects • Interdisciplinary faculty and focus Outcomes • Our working-engineer students are happy with what they are getting out of the program • Our full-time population is too • Students seeking employment are finding excellent jobs in competition with people from “top” MBA programs Implementation • We are ready when you are • Admission applications up to class day 1 • Information and paperwork from: – Wendi Carrillo, wcarrillo@admin.nmt.edu, 505 835 6908 – Karen Chavez, NMT Graduate Office, 505 835 5513 Implementation • Apply as a Regular grad student • Apply as a Special grad student – Regular status application should be done asap – This is for people who want to get started right away – Get admitted as a Regular before finishing 12 hours or having a total of 12 to transfer – including courses taken as a “Special”. Contact Information • Program Info: http://management.nmt.edu • Peter Anselmo – Mgt Dept Chair and Program Director – anselmo@nmt.edu; 505 835 5438 • Wendi Carrillo – wcarrillo@admin.nmt.edu Conclusion • We think we have a very appropriate program for our participants and their respective organizations • This type of program is the future – and we are ready to team with you to advance careers and the NM business climate. Engineers and Applied Scientists • We did a survey – – Respondents indicated that a quality program that could be done part-time was needed • Responses to the program have ranged from positive to very enthusiastic among employers, current students, and alums • Our program has a strong analytical flavor Economic Development Issues • Development of student cohorts that turn into local professional networks • Development of entrepreneurial focus and critical business management skill sets within technology workforce • Provision of another professional education alternative that will assist in retention of quality employees