Building on its distinguished MBA and mid-career education programs, MIT Sloan School of Management announces the launch of its new MBA for Executives Program.
This rigorous 20-month, part-time Masters of Business Administration (MBA) is designed to equip high-potential executives with the strong foundation of knowledge, skills, and practical experience that will expand their management capabilities and increase their impact on their organization and the world at large. The application deadline for the first cohort is Aug. 15, 2010.
“We are excited to offer this new format for exceptional employees who are further along in their careers and seeking a higher level of management education,” said MIT Sloan Dean David Schmittlein. “Students in the MBA for Executives Program will gain a competitive edge through MIT Sloan’s deep expertise in global leadership, innovation, and the science of management, while building a diverse business network that facilitates cross-industry learning.”
Starting in October 2010, the MIT Sloan Executive MBA Program will bring together approximately 60 rising executives from diverse industries to collaborate on the complex challenges they face now — and will face in years to come — within their organizations and within the larger international marketplace. The inaugural group will participate in four eight-day, on-campus learning modules and 26 weekend sessions designed to build a collaborative framework that supports interdisciplinary learning and strong bonds between classmates.
Between sessions, MBA for Executives students will apply their knowledge within their company while continuing to learn through individual and team-based projects. Students will also participate in a weeklong action learning course — Global Organizations Lab (GO-Lab) — during which they will work on an intense, team-based consulting project with an internationally operating organization.
MIT Sloan Deputy Dean Richard Locke noted that students will benefit from MIT Sloan professors’ breadth of knowledge of current business challenges. “Members of our faculty, including many who teach in our MIT Sloan Executive Education and MIT Sloan Fellows Program for Innovation and Global Leadership, are world-class researchers with extensive real-world experience who will guide students through fundamental courses, interactive case studies, and simulations,” he said.
MIT Sloan EMBA candidates will also have opportunities to participate in networking and social occasions throughout the program with students enrolled in the MIT Sloan Fellows Program in Innovation and Global Leadership.
“Many of the world’s leading organizations send their rising stars to our mid-career, one-year MIT Sloan Fellows Program,” said Donald Lessard, faculty director of the Sloan Fellows and Executive MBA Programs and the EPOCH Foundation Professor of International Management at MIT Sloan. “This newest offering provides firms an option to sponsor employees in earning their MBA from MIT Sloan without interrupting their careers. The program design will provide students with an extraordinary platform for growth by learning because they are working.”
Candidates for MIT Sloan’s EMBA Program will demonstrate high potential and aspire to be leaders within their established organizations or new ventures. They will bring 10 or more years of work experience to the program and be able to show a combination of leadership performance, global perspective, functional expertise and innovation. They also must possess the intellectual capacity and interest to handle the rigorous MIT Sloan MBA curriculum.