Executive MBA Program | MIT Executive MBA



MIT Executive MBA ProgramSponsorship Proposal Resource GuideThe 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 organization’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. MIT Executive MBA ProgramSponsorship Proposal Resource GuideTable of ContentsThe MIT EMBA Program Overview ………………………Page 1What Distinguishes the Program ………………………….. Page 2Program Components ……………………………………...Page 2Course of Study ……………………………………………Page 4Tuition and Payments ………………………………………Page 5Corporate Sponsorship ……………………………………..Page 5Candidate Commitment …………………………………….Page 6Cohort Statistics …………………………………………….Page 6MIT EMBA Program Calendar ………………………………Page 8Student Testimonials ………………………………………..Page 9Participating Organizations ………………………………….Page 10The MIT EMBA: Program OverviewThe 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. 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 202020-month programClasses every third weekend (Friday/Saturday)One week-long executive module every six monthsOne-week Global Organization Lab Action Learning Trip: March 16-24, 2019Orientation Weekend, September 21-22, 2018Classes start on October 20-27, 2018MIT Commencement on June 5, 2020Class of 2017 Tuition: $169,000What Distinguishes the MIT EMBAProgram 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. 2Applied 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 mid-career 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 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 ComponentsThe 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 learning-based approach to executive-level management education.Weekend SessionsThe 26 weekend sessions meet all day Friday and Saturday and are spaced approximately 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 ModulesThe four executive modules are each 6-9 days and are scheduled approximately 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 ProjectsAction 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. In Global Labs, 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.ElectivesDuring the three electives periods (January ’19, January ’20, and Spring ’20), 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. 340914400Tuition and PaymentsSample MIT EMBA Tuition Payment Schedule, (Class of 2020)*Tuition TermDate DueClass of 2020DepositBased acceptance decision dateNo later than August 2018$10,000Fall 2018October 1, 2018 (less deposit)$28,000Spring 2019January 1, 2019$38,000Summer 2019July 1, 2019$22,000Fall 2019August 1, 2019$33,000Spring 2020January 1, 2020$38,000Total Class of 2017 Tuition $169,000*Deposit is deducted from Fall 2018 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 SponsorshipThe 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 officeapplied learning on the job for the duration of the programapproval 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. 5It 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 CommitmentCandidates may want to include a statement of commitment to their sponsoring company.Sample Candidate Commitment StatementI 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 organizational goals. MIT EMBA COHORT STATISTICS667800Student 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.”"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.”910A Sample List of Participating Organizations7-ElevenAARPAcadian Asset ManagementAcceleron PharmaActive ImplantsAdams Patterson OBGYNAdirondack HealthAdobeAga Khan Council for USAAkamai TechnologiesAlcoa AlconAlliance Tire AmericasAlliant Techsystems (ATK)Amazon America East ConferenceAmerican Express CompanyAmgen Analog DevicesAnheuser-Busch APACHEAPC by Schneider ElectricApplied Materials ARGO Group International HoldingsAstra ZenecaAutowattsAvery DennisonBAE SystemsBain CapitalBank of AmericaBaptist Health South FloridaBaxaltaBazarian InternationalBecton DickinsonBioCompass BiogenBoehringer-Ingelheim PhramaceuticalBooz Allen HamiltonBoston Consulting GroupBousis FilmsBoxcar PressBPbracebridge capitalBrigham & Women's HospitalBroadridge Financial SolutionsC&J Energy ServicesCabot Caterpillar CEMEXCerner CorporationCGI Business ConsultingChampalimaud FoundationCharles River AssociatesChesapeake Energy CorporationChevron CorporationChildrens Boston HospitalChildren's Hospital BostonChildren's Urological FoundationCisco SystemsCITELIS / CINEPOLISCitigroupCitizens Private BankCitrix SystemsClearView Healthcare PartnersCloudSwitchCMA CGMCoca Cola Puerto Rico BottlersCodmancomScore IncConcentrix CorporationConnecticut Multispecialty GroupCrystal Springs Golf & Spa ResortCST (Shanghai) Biological Reagents Co/CST ChinaCVS CaremarkCVS HealthCytolonDana-Farber Cancer InstituteDartmouth-Hitchcock Medical CenterDell Deloitte Denali GroupDeutsche BankDGI Capital Group LLC/KMK Munai Dichter & NeiraEasterly CapitalEli Lilly and CompanyEMC CorporationEMD SeronoEmphysys EPCM Experts SACEricssonErnst & Young Euclides TechnologiesExcelsoft TechnologiesExecutive Office of the PresidentFannie MaeFederal Retirement Thrift Investment BoardFidelity InvestmentsFIDFFoundation for Innovation and DiscoveryFox Television StationsGalt Consulting LLCGeisinger Health SystemGeneral Electric CompanyGenocea Biosciences IncGenwiGiner Globe Pequot PressGoldman SachsGood MeasuresGoodwilll Industries of San FranciscoGoogle Granite Peak Asset ManagementGraphbury MachinesGreat-West FinancialHartford HealthCareHartford HospitalHarvard Vanguard Medical AssociateHavas WorldwideHay GroupHealthPartnersHellenic Bank PLCHoughton Mifflin Harcourt PublishingHSBCHumana IABIBMifb groupImperial DistributorsIndustrial Alliance GroupInformaticaInstitute for Healthcare ImprovementInstitute for Life Science EntrepreneurshipInsurance InterSystemsInvisageIronwood PharmaceuticalsIVES Group (Audit Analytics)Ivix Value CreationJohn HancockJohns Hopkins UniversityJOTAKessler GroupKPMGLady M ConfectionsLahey Health Behavioral ServicesLahey Hospital & Medical CenterLenox Hill Hospital - North Shore/LIJ Health SystemLevel 3 CommunicationsLifespan CorporationLigris + Associates PCLockheed Martin Aeronautics Corp.Mackenzie InvestmentsMaimonides Medical CenterMassachusetts General Hospital/HMSMassachusetts Municipal AssociationMassMutualME ElecmetalMedtronic Mercantil ColpatriaMerrill Lynch & Co. Message SystemsMetalsaMetron IncMFS Investment ManagementMicrosoft CorporationMilliporeSigmaMITMIT Lincoln LaboratoryMonday PropertiesMoser AviationMSCI MTN GroupNagnoi National GridNaval Undersea Warfare CenterNetApp NICE Systems Noble Supply & LogisticsNon ProfitNoralta Lodge LtdNordstrom NutriSaveeNXP SEMICONDUCTORSNYC Dept. of Design & ConstructionOFB BancorpOgilvy & MatherOldcastle MaterialsOlin CorporationOpen Energy MarketOrthosensorOxfam AmericaParkland Health and Hospital SystemPartners HealthcareMcLean HospitalPearson EducationPentairPentaStatePERFILES Y HERRAJES LM S.A. DE C.V.Perkin ElmerPfizer Philadelphia VA Medical CenterPreciosa a.s.PriceWaterhouseCoopersPrimatics FinancialProtein Sciences Corp.PrudentialPublimont Kft.Qinetiq North AmericaQualcommQualysQuest Integrity GroupRandstadRapid7Red Hat Robert A. Faiella DMD MMScRoche DiagnosticsRoswell Park Cancer InstituteRTI SurgicalS2 Associates InternationalSaint-GobainSaint-Gobain Ceramics & Plastics IncSalem Sanofi GenzymeSanofi pharmaceuticalSantanderSCHOTT North America Sears Holdings CorporationSeattle TimesSensata Technologies Shell Oil Products Company LLCShire PharmaceuticalsSIR Consulting GroupSkyhook WirelessSOCAR-AQSSoftware Engineering Institute Carnegie Mellon UniversitySolauro Industries IncSonosSONY Pictures StudioSound PhysiciansSovereign BankSt. Luke's Health SystemStamford HospitalStaplesState StreetStation CasinosStewart Title Limited AustraliaStyntSungard Availability Servicesswissnex Boston / Swiss ConsulateT. Rowe PriceT2 BiosytemsTakeda PharmaceuticalsTata Consultancy ServicesTCPNTelefonicaTesoro CorporationTetra PakOrthopaedic CenterPCPriceline Group Rohatyn GroupSpringLeap LabThe World BankThunderbird ResourcesTotal Facility Solutions Tourmalet AdvisorsToyotaTrelleborg Offshore USTrustwaveTufts University/Baystate Medical CenterUS Air ForceUnion Pacific Railroad CompanyUnisys CorporationUnited Health GroupUniversity of Nebraska Medical CenterUS ArmyUS Department of DefenseUS Department of StateUS NavyValuable Technologies IncVerisk Analytics Verizon Communications Vineyard VinesVirtustreamVMwareWashington Gas & LightWellington Management CompanyWesdome Gold Mines Ltd.Western Union Business SolutionsWindhorse Capital ManagementWolters KluwerWoodward World Bank GroupWorld Green Building CouncilWorldAPP IncWyleXIGNUX Corporativo SA de CVYale University School of MedicineZodiac Aerospace ................
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