Carlson Executive Education launches MBA Essentials program

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Five-week offering provides overview of key MBA subject areas

Contacts: Steve Rudolph, Carlson School of Management, skr@umn.edu, (612) 624-8770
Preston Smith, University News Service, smith@umn.edu, (612) 625-0552


MINNEAPOLIS / ST. PAUL (01/06/2011) --Carlson Executive Education is introducing a new offering, MBA Essentials, designed to help its attendees be more effective at working across organization functions, communicating with senior management and developing relationships with clients, customers and suppliers.

"MBA Essentials is a program for people who want to develop their general business vocabulary and want a better understanding of the key issues and challenges facing the various functions in their organization," said Mark Kizilos, assistant dean of Executive Education.

The five-week program begins by providing an understanding of the nature of business strategy and the foundations of competitive advantage. In subsequent sessions, participants will be introduced to the core perspectives of the basic business functions and how they each contribute to the organization.

"Management is a professional field. There's a technical knowledge, vocabulary and a level of understanding that managers use to push their businesses forward," said professor Myles Shaver, Pond Family Chair in the Teaching and Advancement of Free Enterprise Principles at the Carlson School, who will lead MBA Essentials' strategy sessions. "MBA Essentials not only provides the important information that participants can use in their work today, but also gives a sense and a foundation of what can be expected if they pursue a Carlson MBA in the future."

Shaver is one of many notable Carlson School professors who will be teaching the inaugural MBA Essentials offering. Others include Mark Bergen, Ed Joyce, Connie Wanberg, Raj Aggarwal, Svjetlana Madzar, Art Hill and Sri Zaheer.

"What truly sets MBA Essentials program apart is the world-class faculty we have teaching it," said Kizilos. "They are not only outstanding researchers but accomplished teachers, and many are in our business community consulting around their knowledge base."

MBA Essentials begins in April and meets two evenings a week for five weeks. Throughout the program, participants are engaged in discussions to understand the practical issues and challenges associated with each functional area. The program concludes by coming full-circle and relating the concepts covered in the program back to the issues of firm strategy and competitiveness.

Among the topics covered are business strategy, marketing management, financial accounting, human resource management, financial statement analysis and corporate finance, building and leading teams, operations management, international business and leadership.

For some, MBA Essentials will be used to evaluate the future pursuit of a MBA degree. Individuals who complete the program and then choose to pursue a Carlson MBA degree within a year will have up to half of their investment in MBA Essentials applied to their MBA tuition. The cost of MBA Essentials is $4,000.

About Carlson Executive Education and the Carlson School of Management
For more than 40 years, Carlson Executive Education has helped area companies develop talent and solve real business problems by providing high-impact learning experiences. More than 250 Minnesota businesses turn to Carlson Executive Education each year to acquire the knowledge or skills their businesses need to succeed. Carlson Executive Education is part of the Carlson School of Management at the University of Minnesota, which was established in 1919. Based in the Twin Cities of Minneapolis and St. Paul, the Carlson School of Management is a recognized leader in business education and research. Its focus on experiential learning, international education and maintaining strong ties to the business community exemplify the school's commitment to excellence. More information can be found at carlsonschool.umn.edu/execed.

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