MBA Viewbook for Assumption College Graduate Studies
MBA Develop the real-world expertise and critical decision-making skills that are in high-demand in contemporary business. MBA Business Administration “...a foundation for career growth and advancement throughout my life.” – Andrea Grant, MBA ’10 Trust & Estate Paralegal Mountain, Dearborn, & Whiting, LLP, Worcester, MA “My experience in the MBA program was wonderful. I expect the degree to be a foundation for career growth and advancement throughout my life. “The program is grounded in teaching students to thrive in the reality of the dayto-day business world. It’s designed for fulltime working professionals who share their experiences in the classroom, and taught by instructors who have lived and breathed these business challenges and have molded the curriculum to help students succeed.” National Recognition • Ranked in the U.S. News Best Colleges ratings of approximately 200 universities in the North that offer bachelor’s and master’s degrees. Most recent ranking at the time of publication: #34 in 2012. • Recognized as one of the best colleges in the Northeast according to The Princeton Review in its annual “Best in the Northeast” listing. Princeton Review’s web site includes 220 colleges in the Northeast region that stand out as academically excellent and that have strong regional reputations. c2 | www.assumption.edu/counspsych Reach your full Potential as a High impact decision Maker in Business. I MBA/MAsteR of BusiNess AdMiNistRAtioN I CeRtifiCAte of AdvANCed GRAduAte studies iN BusiNess (C.A.G.s.) I CeRtifiCAte of GRAduAte studies iN BusiNess (C.G.s.) I eARly CAReeR tRACk/MBA I fouNdAtioNs iN BusiNess/MBA PRePARAtoRy PRoGRAM • kNoW strategic management concepts that work in the real world; • do what it takes to apply those concepts effectively and in a principled manner; • Be a true leader by engaging in today’s economic and financial world in light of the principles of human dignity and the common good. On behalf of my colleagues, I offer you a warm welcome to the MBA program at Assumption College. We hope that you will find the program to be just what is needed to help you fully realize your professional and personal aspirations. A great deal of care and effort has been applied to design the very best program—one that will transform your career and life. In addition to a comprehensive set of highest quality courses, the Assumption College MBA program is known for its collegial atmosphere. Our faculty members work directly with each student to maximize learning. The program offers the following distinctive advantages: • With principled leadership as the key animating idea of the program, the curriculum emphasizes ethics and values in business. • The College’s Catholic identity and liberal arts tradition distinguishes and enhances a rigorous business curriculum. • Faculty hold high-level degrees, possess real-world experience and offer diverse perspectives. • An innovative track is offered for individuals without undergraduate business degrees. • Fellow students build professional networks and learn from each other. • High program quality and relatively low tuition make the Assumption College MBA a wise investment. • Students apply new skills and knowledge immediately at work. • The Assumption campus is convenient, safe and welcoming. J. Bart Morrison, D.M. Director, MBA/Master of Business Administration program If you are driven to become the very best business leader possible, we believe you will flourish as the newest member of the Assumption College MBA learning community. www.assumption.edu/mba | 1 Master of Business Administration / MBA our Graduates Hold diverse leadership Roles in a Range of organization types in Many industries. The MBA program is designed to provide professional preparation primarily for those who wish to study on a part-time basis. In addition, the program offers a full-time Early Career (EC) track for recent college graduates, the Certificate of Advanced Graduate Studies (C.A.G.S.) and the Certificate of Graduate Studies (C.G.S.). Our 36-credit MBA program provides the opportunity for qualified persons to develop the knowledge, skills, attitudes and habits that constitute a foundation for career growth and development in the private, nonprofit and public sectors. Study is required in the key functional areas of management. Additionally, students may focus their study in one of the following areas of concentration: • Accounting • Finance/Economics • Human Resources • International Business • Management • Marketing • Nonprofit Leadership • Professional Practice (Early Career Track). The Early Career track is a fulltime, one-year intense program tailored to the needs of recent graduates of liberal arts programs (with and without a business major) who wish to launch high impact careers of choice. In addition to covering the core disciplines of business, the early-career track offers a unique “professional practice” concentration that focuses on multiple dimensions of designing and launching a new professional’s career. Alternatively, the student may, in consultation with the Director, design a set of elective courses which tailors the program to meet individual needs. Our students are qualified to enter and succeed as leaders in the private, nonprofit and public sectors of society. They consistently report that because of their graduate school experience they form personal and professional relationships with each other that last years after graduation. 2 | www.assumption.edu/mba “My business expertise and confidence have grown tremendously.” – kevin Peterssen, CPA, MBA ‘12 Analyst / Commercial Lending Dept. People’s United Bank Worcester, MA “As a trained accountant, the program helped me develop expertise in other key areas of business which immeasurably boosted my confidence to voice opinions, make presentations, and take a leadership role at work. It offers a diverse blend of professional students, respectful and knowledgeable professors, dynamic classroom discussions, and a challenging environment that fostered personal and professional growth for me. I also enjoyed the focus on ethics and have begun to formulate how I will manage people when the opportunity arises.” foundations in Business / MBA Preparatory Program The ideal path for those without formal business education who aspire to earn an MBA. This is a comprehensive set of courses designed to give those with little or no formal business education the knowledge and credentials needed to enroll and succeed in an MBA program. Courses may be taken as part of the Assumption MBA program or separately as a resume-building certificate. Complete the program in one summer or over multiple semesters. MBA 550 - Foundations of Management MBA 551 - Foundations of Marketing MBA 552 - Foundations of Accounting MBA 553 - Foundations of Finance MBA 554 - Foundations of Economics MBA 555 - Foundations of Statistics MBA 556 - Foundations of Quantitative Methods MBA 557 - Foundations of Simulation www.assumption.edu/mba | 3 Mission: the Purpose of your learning The mission of the Assumption College MBA program is to develop the next generation of business and nonprofit leaders for central Massachusetts and beyond. We develop principled leaders who are high impact decision makers. Assumption College MBA degree recipients make decisions rooted in principles at the foundational level, such as respect for human dignity, service to the common good, and a vision of a business as a community of persons. Principles on the practical level keep our graduates focused on: • producing goods and services that meet genuine human needs; • organizing productive and meaningful work recognizing the human dignity of employees and their right and duty to flourish in their work; and, • using resources wisely to create both profit and well-being, to produce sustainable wealth and to distribute it justly. learning Goals: What you Will learn Students who complete the Assumption College MBA program will possess: • ethical leadership skills that enable graduates to develop principled approaches to inspiring, influencing and guiding others; • an in-depth understanding of the concepts and theories, as well as technical and professional skills of the “core” areas of business; • critical thinking and communication skills that enable graduates to develop and articulate logical, coherent, and persuasive arguments; marshal supportive evidence; and distinguish fact from opinion; • integration skills that enable graduates to make decisions based on multiple, often conflicting, perspectives; • a global perspective that enables graduates to identify, analyze and practice how best to manage when faced with differences across countries. 4 | www.assumption.edu/mba “The program encourages students to tailor degrees to their career passions.” – Greg sclama, MBA ’10 Access Development Services Rajasthan, India “The Assumption MBA program follows a holistic approach focused on the many aspects of management. It provides a high degree of flexibility and advising support and encourages students to tailor their degrees to their career passions. “In my case, I had an interest in learning about small business in developing economies as a means for poverty alleviation. Six months later, with support from the MBA administrators, I was completing distance learning toward my degree while working with a non-government organization that assists the rural poor in Rajasthan, India.” Applying to the M.B.A. program The admissions committee considers a holistic approach of each candidate’s application in assessing their potential to successfully complete the M.B.A. program. Your application file will consist of the following: • Graduate Application • Application Fee – waived for Assumption students and alumni • Official College Transcripts, undergraduate and graduate • Three Letters of Recommendation – academic and/or professional • Current Resume for admissions information, please visit: • Personal Statement (indicating reasons for pursuing MBA) http://graduate.assumption.edu/mba/mba-admission • NOTE: The GMAT is not required. www.assumption.edu/mba | 5 “...the interaction between professors and students was exceptional.” – kathryn White, MBA ’10 Vice President Risk Management GFA Federal Credit Union, Gardner, MA “The program transformed me into a stronger manager who emphasizes strategic goals and critical thinking with my team. “The ‘blended’ courses were a highlight—a huge help for a busy professional. Curriculum was delivered half in the classroom and half online, without reducing the quality of the education. The interaction between professors and students in a supportive, yet dynamic environment was exceptional, with both professors and students sharing their real world experiences for discussion and practical learning.” the education: How you Will learn The program melds the liberal arts tradition with progressive business education. Emphasis is placed on interdisciplinary inquiry, honing integrations skills, acting creatively and innovatively, thinking critically and communicating clearly, and working collaboratively. Interactive Classes Small and highly interactive classes typically have 15 or fewer students and offer a rich learning experience. Faculty Mentors Faculty take pride in being able to provide personal attention to students’ coursework and career planning. Convenience and Flexibility Technology allows us to offer “blended” courses which preserve the essence of the face-to-face classroom environment we value, while at the same time providing the convenience and flexibility of online learning to students with demanding outside schedules. faculty: Who Will Guide your learning Our faculty members are “expert practitioners” who are keenly reflective about their practice and deeply devoted to teaching. All MBA Assumption faculty members are highly qualified in several dimensions. First, and most important, they are excellent teachers. In addition, all have one or more degrees in business, the majority of which are terminal degrees, coupled with years of practitioner experience. They’ve learned it, they’ve done it, and they’re uniquely suited to pass on their knowledge and experience to others. Assumption faculty members posses unusually broad backgrounds. In addition to business degrees, our faculty members have earned advanced degrees in more than 20 academic disciplines beyond Business Studies, including Communications, Law, Philosophy, Education, Sociology, Psychology, English, Economics, and more. As a result, our graduates learn not only about business, but also about how business fits into the rest of the world. www.assumption.edu/mba | 7 Additional Business Administration Programs the Certificate of Advanced Graduate studies (C.A.G.s.) in Business The Certificate of Advanced Graduate Studies (C.A.G.S.) is an additional program of study for those interested in continuing their professional studies in business and leadership. Candidates for the C.A.G.S. may already hold a master’s or other advanced degree and wish to gain in-depth knowledge and skills in one of seven areas of concentration—Accounting, Finance, Management, Marketing, Human Resource Management, International Management, and Nonprofit Leadership—or in a specialty area tailored specifically to a student’s desires. Contact the Director of the MBA program for details about pursuing the C.A.G.S., including admission and application requirements, and course of study. the Certificate of Graduate studies (C.G.s.) in Business The Certificate of Graduate Studies (C.G.S.) is a specialized, advanced training program in business for Bachelor’s degree holders. The program consists of three distinct tracks ideally suited for business and nonprofit professionals who are in new management positions. The C.G.S. tracks (Front-Line Management, Organizational Communication and Nonprofit Leadership) are designed to give participants the focused knowledge and skills necessary to function more effectively in a new or existing role. Each certificate consists of five courses to be taken within a maximum of three years. Students may have the opportunity to transition into the MBA program. Combined six in five B.A./M.B.A. Program for Accounting Majors Assumption College undergraduate CPA candidates should note that most states (including Massachusetts) have adopted a requirement of 150-credit hours of college education as a condition for sitting for the CPA exam. While the requirement does not specifically call for a graduate degree, 30-credit hours represent a full year of study beyond the bachelor’s degree. Assumption has designed a combined B.A./M.B.A. program to enable Assumption undergraduate accounting majors who are likely CPA candidates, to begin their graduate studies during their senior year, satisfy the additional 30-hours requirement, and receive both a B.A. and a M.B.A. degree. 8 | www.assumption.edu/mba “...the expertise I developed has been instrumental in my success.” – leah diPilato, MBA ’09 Quality Assurance Associate Abbott Bioresearch Center, Worcester, MA “I’m thrilled to have earned my MBA degree at Assumption. The program is exceptional for the intimate and dynamic atmosphere it provides for working professionals to build their management expertise. “The small classes offer unlimited opportunity for interaction between students and with instructors who truly care about each student's future. As my career has progressed, the expertise I developed in the MBA program has been instrumental in my success.” Accreditation Accredited by: New England Association of Schools and Colleges, Inc. Commonwealth of Massachusetts Department of Elementary & Secondary Education Council on Rehabilitation Education curriculum grounded in the liberal arts and extending to the domain of professional studies. Enlivened by the Catholic affirmation of the harmony of faith and reason, we aim, by the pursuit of the truth, to transform the minds and hearts of students. Assumption favors diversity and ecumenically welcomes all who share its goals. Assumptionist sponsorship The order of the Augustinians of the Assumption, founders of Assumption College, was begun by an educator whose most cherished project was the establishment of a Catholic university. Fr. Emmanuel d’Alzon envisioned an institution committed to academic excellence. Father d’Alzon was also devoted to helping people learn, adapt, grow and change in various ways. College’s Mission Assumption College, rooted in the Catholic intellectual tradition, strives to form graduates known for critical intelligence, thoughtful citizenship and compassionate service. We pursue these ambitious goals through a www.assumption.edu/graduate 500 Salisbury Street, Worcester, MA, 01609 p 888.882.7786 or 508.767.7387 f 508.767.7030 e-mail: firstname.lastname@example.org Graduate Studies Office La Maison Française, Rm 200 For information, call 508.767.7387 MBA Program Desautels Hall, Rm 017 For information, call 508.767.7255 Scan this code with your mobile device to visit the graduate Business/MBA website. NOTE: The College reserves the right to withdraw or modify any of the courses or programs listed in this catalog, or to cancel any course or program for which it deems the registration insufficient, or to make any course or regulation change it considers necessary. The College further reserves the right to suspend the acceptance of applications in particular programs.