oregon state mba - portland programs overview

Download Oregon State MBA - Portland Programs Overview

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  1. 1. Oregon State MBA Overview Portland Offerings
  2. 2. Agenda What is an MBA? Benefits of Earning an MBA The Oregon State MBA in Executive Leadership Format Degrees Requirements Admissions Process Tuition & Fees Key Takeaways Questions & Answers
  3. 3. What is an MBA? Masters of Business Administration Post-graduate degree awarded to those who have mastered the study of business Students study the theory and application of business and management principles Typical coursework includes the study of accounting, economics, human resources, marketing, finance, operations, project management and strategy Variations Full-time Part-time/Executive Online Hybrid
  4. 4. Is an MBA Valuable? Personal Survey of MBA Alumni from the class of 2014 92% say MBA prepared them for leadership positions 88% say MBA prepared them for their chosen career 82% say MBA helped them manage work/life balance Professional Survey of MBA alumni from classes of 1959-2013: 92% say MBA professional rewarding 90% view degree as essential for obtaining employment 85% report they have meaningful work 83% say MBA has had positive impact on their career progression Financial Survey of class of 2014 Median salary increase pre to post MBA was 79% for full-time MBA students Median salary increase pre to post MBA was 58% for part-time/flexible MBA students New hires in 2014 expect to command a $45,000 salary premium over bachelors degree recipients in the US Source: http://newscenter.gmac.com/news-center/the-value-of-the-mba
  5. 5. Benefits of an MBA Enhanced skill set Budgeting (Grants, research proposals) Abstract/critical thinking Project management Accounting/Finance Greater interpersonal, managerial and leadership abilities Improved career flexibility/ability to change positions within the organization Enhanced credibility with investors/funders of startup organizations Higher Salary Potential Global Alumni Network
  6. 6. The Oregon State MBA hybrid/Portland Overview AACSB Accredited Gold standard in MBA programs Only top 25 percent of business schools achieve AACSB accreditation Courses taught by leading scholars and seasoned professionals Flexible Courses blend the best of online and in-person education Designed for busy working professionals Online curriculum about 80% of all coursework maximize flexibility Personal Small class sizes, coupled with 1-3 required in-person sessions for each course, build strong bonds with faculty and among students Required in-person sessions also help students enhance interpersonal skills sought by employers Accelerated Part-time students, taking 2-3 courses per academic quarter can complete this degree in 21 months Additional time required for candidates needing Foundation Knowledge courses
  7. 7. Format The MBA in Executive Leadership is offered in an hybrid format Students complete approximately 80% of coursework outside of the classroom Each course meets 1-3 times for an in-person session with faculty and classmates Classes meet at the Collaborative Life Sciences Building in Portland Format combines the flexibility of a full-time program with the benefits of regular interactions with faculty and classmates Those taking two courses/term can earn their MBA in about 2 years Students can start any term We recommend budgeting 10 hours per week, per course for self-study and group projects
  8. 8. The Oregon State MBA Program Components MBA Foundation Knowledge pre-MBA coursework for non-business majors Accounting/finance, marketing/management, sustainable business operations, business/legal environment Students may be able to opt out of some foundation courses if they have received equivalent on-the-job training. MBA Core Skills and knowledge every OSU MBA graduate must have Curriculum includes coursework in Financial/Cost Analysis, Business Law, Finance, Leadership, Business Analysis, Supply Chain Management, Project Management, Strategic Management, Information Systems and New Product Development Track-specific coursework Career specialization (see next slide for more information)
  9. 9. The Oregon State MBA Portland Options Track Overview Credits Start Term Finish Term Information MBA in Business Analytics Students learn how to use organizational data for operational and strategic decision making. 60 Any Any here Graduate Certificate in Business Analytics Students learn how to use organizational data for operational and strategic decision making. 21 Fall Spring here MBA in Executive Leadership Accomplished professionals learn to cultivate their capabilities and drive organizational strategy through the development of advanced skills business and knowledge in ethics, human resource management, and negotiations. 60 Any Any here
  10. 10. Admissions Overview Requirements Tuition, Fees & Scholarships What We Look For The Application Process
  11. 11. Minimum Admissions Requirements To be eligible for admission, students must meet the following criteria: Undergraduate degree A four-year baccalaureate degree, professional (not vocational) or equivalent degree (see OSU graduate school website for more details) Cumulative GPA 3.0/4.0 or higher GMAT (or GRE) GMAT: total score of 500 with all subscores at/above 20% and AWA score of 4 or higher GRE: total score of 304 with verbal and quantitative scores at/above 30% and AWA score of 3.5 or higher English Language Proficiency (international students) TOEFL iBT: 91 total score with all subscores at/above 22 TOEFL PBT: 575 separate review to assess speaking is required IELTS: 7 or higher Work Experience (Executive Leadership only) At least 2 years full-time professional work experience GMAT Waivers Considered for those with a MS in a business or STEM field or those with a Phd in any field Considered for those in the Executive Leadership track with extensive work experience and excellent undergraduate grades
  12. 12. Preferred Admissions Qualifications GPA 3.0 or higher in business or technical field GMAT (not GRE) 600+ with strong performance in all sub-sections Professional experience Job(s) Internship(s) Volunteer experiences Demonstrated leadership abilities/capabilities Demonstrated project and time management capabilities Excellent communication skills (written and verbal) Demonstrated ability to work effectively in teams
  13. 13. GMAT Waiver (Executive Leadership Only) Requirements: At least 3.3/4 GPA in business or technical field At least 5 years of full-time, post-baccalaureate work experience in a management or leadership capacity Exceptional interpersonal/communication skills Process: Those meeting eligibility requirements should draft a GMAT waiver request and email to osumba@oregonstate.edu Request should not exceed 500 words A member of the admissions team may follow up with any questions Admissions committee will review requests weekly For More Information: Please visit: http://business.oregonstate.edu/mba/admissions/executive- leadership-gmat-waiver
  14. 14. Application Process and Requirements Online Application form: here $60 fee Official Transcripts Resume Short Answer Questions Letters of Reference (3) Test Scores GMAT or GRE TOEFL (international students) Informational Interview (optional)
  15. 15. What We Look For Excellent communication skills Demonstrated success in a diverse and complex environment Team-orientation Demonstrated Leadership skills/experience/aptitude Excellent time-management skills Previous academic success Strong letters of reference (integrity, work ethic, results-orientation)
  16. 16. Tuition & Financial Aid Current tuition rates (2015-16) are $761/credit hour Does not include fees or textbooks Same rate for Oregon residents and non-residents Majority of financial assistance is administered by the financial aid office (541) 737-2241 Scholarship information can be found at http://oregonstate.edu/admin/finaid/ Academic Merit Scholarships Available for high-caliber students who advance the quality of the program and the diversity of perspective amongst MBA program participants All admitted MBA students are considered for scholarship Named scholarships listed on website Many have specific requirements
  17. 17. Key Takeaways An MBA can add value in many ways to those from a non- business background The MBA in Executive Leadership is a high-quality, flexible program at a great value The online/hybrid model offers the convenience of an online program with the academic rigor and face-to-face interactions with faculty and classmates of more traditional part-time programs Our team is always willing to meet with students at all stages of the decision making process
  18. 18. Our Team Jim Coakley: Associate Dean Clara Horne: Special Assistant to the Associate Dean Brian Precious: MBA Program Director Ashley Murphy: Head Advisor Olivia Heath: Academic Advisor Caitlin Wright: Office Manager
  19. 19. Thank You! We appreciate your time and willingness to speak with us about the MBA program Join us on social media: For more information, please contact us: OSUMBA@bus.oregonstate.edu +1 (541) 737-5510 We are happy to answer any questions.