Villanova Online MBA Information Session

Originally presented October 23, 2014   Topics covered in this information session include:
  • Information about the Villanova School of Business and the online MBA program
  • Program curriculum & learning outcomes
  • Critical application components
  • Answers to participant questions
  • Michael Capella, PhD, Associate Dean, Graduate & Executive Programs
  • Kristy Irwin, Director of Online Programs, Graduate & Executive Programs
  • Nancy Bhatia, Associate Director of Recruitment Services, Online MBA Program
Webinar Transcript: Hello, for those of you that have just joined us welcome to the Villanova School of Business Online MBA Information Session. Thank you for taking a time out of your busy schedule to join us today. My name is Annie and I’ll be the moderator for tonight’s session. We’ll be covering a number of topics to provide you with further information about Villanova School of Business and the Online Master of Business Administration Program. Before we begin I would just like to go over a few logistics for the presentation. So, all participants are in listen-only mode in order to cut down on the background noise. So, you can hear us, but we cannot hear you. Everyone is encouraged to ask questions throughout the session. Please do so by typing them in to the chat box on the right-hand side of the screen and hit send. We’ll answer as many questions as time allowed at the end of the presentation. If your question was not answered during the session tonight one of our enrollment advisors will follow up with you directly and lastly a recording of today’s presentation will be available shortly after the event and we will email you the link to the email you provided when you registered for webinar. With that, I would like to introduce each of our presenters tonight and share some of their accomplishments. First, we have Michael L. Capella. He is the Associate Dean of Graduate and Executive Programs and an Associate Professor of Marketing at the Villanova School of Business. In his current role, Professor Capella provides leadership and direction for graduate in executive program and is responsible for the development and implementation of the online strategy for the graduate business program. Prior to receiving his PhD in marketing Dr. Capella spent nearly a decade in Professional Sales Management with a Bakery Ingredient Manufacturer. His industry experience included Account Management and Relationship Marketing with a large retail grocery chain, wholesale accounts and channel intermediaries in Georgia, Florida and California. Also presenting today is Kristy Irwin. Kristy is the Director of Online Graduate Programs at the Villanova School of Business. She oversees a strategy development and operations of the online MBA and online MS in Analytics Programs which are two of the newest additions to VSB’s portfolio of graduate program. She has been a member of the Villanova Graduate in Executive Programs team for four and a half years holding several different positions including the Director Strategy and Program Development and the Director of Marketing and Recruitment. Prior to working at Villanova, Kristy managed the Company-Wide Training Initiatives for National Consulting Firm and cofounded a Life and Career Management Company. She started her career on Wall Street working as an investment banking analyst for Goldman Sachs. Kristy holds an Undergraduate Degree in Finance and International Business from Georgetown University and an MBA from Villanova University. And lastly presenting today is Nancy Bhatia. Nancy is the Associate Director of Admissions for the Online MBA and MF and Analytics Program at the Villanova School of Business. She oversees the Admissions Development and Administration for both online programs. Nancy has over 13 years of experience in enrollment management, training and development and project management. She holds a Masters Degree in Public Administration from Keller Graduate School of Management. Now, let’s go ahead and get started. Nancy is actually going to start us off and Nancy will let you take us through our session agenda for today. Nancy Bhatia: Thank you, Annie. On the agenda for tonight we will have Dr. Capella and Kristy start us off with an overview of the Villanova School of Business and the Online Master of Business Administration Program. They will review topics such as notable rankings and accreditations for the school of business, a program overview and some of the curriculum highlights. I will be discussing the application process and some helpful hands to keep in mind when completing your application. I will also discuss important dates and deadlines for our upcoming semester. We will finish off with a Q&A session at the end where some of your questions will be answered. Once again, we ask that you type in your questions in the chat box on the right-hand side of the screen. Now, Dr. Capella is going to start us off. Dr. Capella, welcome to the session. I’ll let you take everyone to the Villanova School of Business and the Online MBA Program highlights. Michael Capella: Thank you Nancy and welcome everyone. We are delighted to have you join us and we appreciate your interest in our MBA Program. So, to start I’d like to talk about the strengths of Villanova University and the Villanova School of Business. We’d like to call it VSB here. So, as you can see both the university and the business school are well ranked by number of different publications so the university has been number one in the Master’s category in the Northern Region for over 20 years by US News Report and number two best value in the Northern Region. It is also in the top 100 of the Forbes List of America’s Top Colleges. So, focusing specifically on the Villanova School of Business our part time MBA Program is ranked number 19 in the country and number three in the region by Bloomberg Businessweek. The students polled also rated the curriculum in A plus in the caliber of their classmates in A plus so this really speaks directly to the quality of our students in the program for which we’re very proud. Our Master of Science in Church Management Program has ranked number 17 in the US News and World Report ranking of the best online graduate business programs and our undergraduate program has been ranked in the top 25 by Bloomberg Businessweek since the inception of the ranking eight years ago. So, we are proud of these rankings because they highlight our overall strength and providing an excellent educational experience and highlights our specific expertise in educating part time graduate students and highlights equality of our MBA Program including both the faculty and the students and it really speaks to our ability to deliver best in class online programs. So, while the focus of the presentation is on the online MBA I would like to quickly highlight the other campus-based MBA Program tracks we offer. So, in the part time MBA Program we have two campus-based offerings for working professionals, the Flex Track and the Fast Track. In the Fast Track Programs, students progress through most of the curriculum as a cohort so basically that’s a lock-step program with one intake in the fall. Students can complete this degree in two years and we offer this on our main campus out in the main line and also in Center City Philadelphia. In par [ph] it’s name, the Flex Track is designed for students to complete at their own pace, although most of students finish the program within three and a half years. So, this is offered on Villanova’s main campus, however students are able to complete elective courses in Center City Philadelphia as well. So, as part of this track enter students can also apply for a research assistantship in which they are able to complete the program on a full time basis free of charge in exchange for working with our faculty on a variety of research project. So, students in the followed program also receives [inaudible] and I’ve had the pleasure of working with these students myself and it’s a great opportunity for someone interested in learning more about cutting edge research in academia. In addition, we also have a JD/MBA Program offer in conjunction with the Villanova School of Law. Interested students must first be accepted to the law school and then apply to start the Flex Track after their first year so in three years students graduate with both a law degree and the MBA. Lastly, our Executive MBA Program is designed for individuals with typically 10 or more years of work experience. It offers a unique curriculum geared towards the needs of executives and leadership positions. So, how is that the Villanova conference enter students take classes every Friday and Saturday? In total, the program includes 32 weekends and can be completed in 21 months. So, if you’re interested in learning more about any of these program offerings, please visit our website for additional information on that coming information sessions. Now, that you know more about our MBA Program offerings why should you choose VSB for your MBA? To start, VSB is accredited by AACSB the premier accrediting agency for business schools and as highlighted previously we have been consistently recognized by various publications for the strength of our educational experience and the caliber of our students and curriculum. Our MBA rankings speak to the key ingredients of the Villanova education including the strength of our academics, the expertise of our faculty and the caliber of our students. Now, with the online MBA track students are able to earn the very same MBA with the same admission standards and the same curriculum taught by the same faculty in a convenient and online format which obviously provides maximum flexibility. Focusing specifically on our faculty, they are world class educators and excellent teachers both prerequisites for tenure at Villanova. Indeed, our faculties are actively engaged in research in their respective fields and many also have a consulting experience with organizations from around the world. Our curriculum, which Kristy is going to talk about in coming slides, is comprehensive in nature. It starts with a quantitative fundamentals, accountings, statistics and finance. These core skills are then supplemented by courses and topics like innovation and ethics which are considered pillars of any Villanova Educational experience and it includes elective courses which cover a variety of topics. The main focus is on practical application. Our goal as VSB is to blend theory with practice. We want you to be able to immediately apply what you’re learning back on the job and imbedded directly in the curriculum are two practicum experiences in which you have an opportunity to apply, showcase and practice your newly acquired skills and as noted above the format is flexible. We understand that you all have busy lives so with the exception of the campus residency, which we will speak to you in the coming slides, all of our courses are offered online. Each online course has been structured and designed to support a high touch learning environment. One where you have direct access to your professors and your peers this exemplifies the culture of Villanova which is based on extensive community and one where you can build meaningful relationships that extend beyond the classroom so this includes peer-to-peer learning and also the interaction with our faculty. The campus residency will help strengthen these bonds and students will also have the opportunity to participate in an international immersion which we will talk further about in the coming slides. As you saw from our rankings, VSB specializes in part time business education. We understand the needs of adult learners and provide a necessary support and resources for you to succeed. A hallmark of this support is the dedicated career services we offer our graduate students and important distinction which we feel really differentiates our program. Kristy will talk more specifically about these later on in the presentation. And finally, the program will provide you access to networking opportunities through Villanova’s extensive alumni community what we like to referred to as Villanovans helping Villanovans. Our alumni have a strong affiliation with the institution because of the transformative nature of their student experience. I will now turn it over to Kristy who will spend a few minutes focusing on the structure, format and curriculum of the program. Kristy Irwin: Thank you Michael and welcome everyone. I’d like to take a few minutes and discuss the format of the online program. It is really design to be completed in 24 months or six semesters and each of those semesters is broken into two sessions. So, depending on the session it will either be — depending on the semester, excuse me, the sessions will either be seven or eight weeks in duration. Most of our courses are taught with N1 session, however, the practicum courses will be offer over the entire semester. Overall, the curriculum includes 21 courses which is a mixture of one and a half and three credit classes and that’s for a degree total of 48 credits and through the choice of elective classes you can actually specialize the degree in either finance, marketing, analytics, or strategic management. There are also two residencies in the program, one is on campus and one international and Michael and I will speak to those in the coming slides. Of course, we also certainly hope that you join us for graduation at the end of the program. In terms of the format, most of the course content is asynchronous and that really means that students can review the material and work on assignments at times that really work best with their schedule. Each of our courses, however, does have a asynchronous component and this is offered once a week and it’s after 7 o’clock eastern standard time and each faculty member does it at a different time, but it has to be after seven and the format of content of these sessions of the really verify class, but some professors like to include lectures, others will have discussions, or some will actually review specific assignments. While participation in these asynchronous sessions is encouraged it is not required, but all of these sessions are recorded so you will be responsible for any of the material that is covered within them. In terms of the curriculum highlights as Michael said, the curriculum is really designed to be comprehensive and applied. Our focus is on equipping students with the skills that they need to innovate, adapt and really lead in an international always changing business environment. So, in order to do this the curriculum can really be broken down into five core components. To start, there’s the MBA fundamental and this includes two courses that are really designed to orient and prepare you for what’s ahead. We really value the VSB’s diversity in our student cohorts so we don’t inquire the incoming students take specific prerequisite courses. So, the first course in the series is what we called the MBA primer. It is really design to provide a baseline of knowledge in topics like accounting, finance and economics. So, for some of you this might be a refreshers, but for others it really provide a necessary introduction to some of those critical business topics. To help you get a jump start on this we’ll actually provide you access once you play through deposit and you’ll have through the end of the first session to complete the required module. The other course in this series is the leadership challenge residency and I’ll talk to that on the next slide. The second curricular series is the functional core. So, this includes courses in accounting, statistics, finance, marketing, operations and leadership all what we considered to be the core component of a business education. So, these six courses make up another 15 credits of the curriculum. Next, there are four courses which we called the VSB pillars because we really feel that they touched on what we consider the four pillars of an education and that’s really technology, ethics, innovation and a global perspective. So, these four courses make up another six credit and understanding that the students really have various interest and like to focus on specific subject area 15 credits to the curriculum or third of the degree is actually made of elective. The students will choose six electives out of a suite of 11 and as I mentioned earlier through this, though these elective classes, you can actually specialize your degree in finance, marketing, strategic management, or analytic and many of our students actually do pursue a dual specialization. Lastly, we have our classroom classes and these include our two practicum which we’re going to talk to in the coming slides and of course in global strategic management. So, as Michael touched on at the beginning of the session as VSB we really placed a lot of emphasis on providing a personalized learning experience really one in which you can develop meaningful relationships not only with your peers, but also with your professors so we thought it was important to incorporate a campus residency right at the beginning of the program that really provides you an opportunity to personally meet your fellow students and many of the faculty teaching in the program. So, this residency takes place of three days, Friday through Sunday. So, for students interested in starting this fall, excuse me, this spring it will be held on June 12th through the 14th. Subsequent cohorts will complete this residency in either the first or the second semester of the program. Overall, the three core components of the [inaudible]. To start, we’ll provide orientation sessions and in these sessions you can meet the team and learn more about the services that we offer and provide in our office and the course is going to take place at the Villanova Conference Center which is about a mile from the main campus so these sessions will also include a campus tour. The bulk of the weekend is going to be devoted to the leadership challenge class and this class focuses on the dynamics and some of the challenges of providing responsible leadership and developing high performance team. Throughout the weekend, you’ll engage in a variety of different projects and several group-based assignment as well and the weekend is really designed to also provide many forma as well as several informal opportunities the network with your peers and other faculty members. Lastly, the onsite class of this residency is included in the tuition, but students are responsible for their travel to and from Villanova’s main campus. The social enterprise consulting practicum is the midpoint class [ph] in the program. So, in line with Villanova’s mission of giving back to the community in this course students work in team and they partner with either nonprofit or for profit client firm on a project that it serves the common good and the type of projects really vary depending on the needs of the client, but in the past students have assisted with things like marketing initiative, financial planning and community outreach. It really runs the [inaudible]. So, with faculty approval project can be source from student suggestion and many of our students are already working with organizations outside the school so they’re really excited about the possibility of providing work formal assistance and having some of their peers help them with that, but faculty can also help the students find suitable project. This is a full semester course so offered over two sessions to the students have ample time to really partner with our client firm and get in to the project and to date we’re really proud to report that we’ve consulted with over 150 organizations and from the sample provided on the slide you can really see that some of these companies are very diverse in admission and in size. Overall, I would say this is the most popular course in the curriculum because it provides students not only the opportunity to work on something that they’re passionate about. They can get back to the community and they can apply the skills that they leaned in the program and it’s added bonus it also provides specific achievement that many of our students put on their resumes and some of our students become so involved with these organizations that they actually now sit on the board on some of these companies. So, with that I’m going to turn it back over to Michel to discuss the final capstone in the program. Michael Capella: Okay, thank you Kristy. In your last semester students take the global practicum and this class is design to enrich your awareness of the cultural business, economic and political climate of an emerging economy as the capstone course the accumulated knowledge gained throughout the program is applied in this particular course. In this course, students work in teams to explore possible solutions to current market issues that are challenging global organizations. They also conduct extensive research on various industries to gain a richer understanding of the country and as part of this course students have the option of participate in a seven-day international immersion. So, participation in the immersion is encouraged, but not required. The international exposure is highly recommended for those interested in working abroad as it will provide direct exposure to the economy and business practices of another country. This provides real world experience that students can leverage when considering in applying for positions. Your tuition includes any in country expenses, but you are responsible for travel expenses to inform the location. Those who are unable to travel will complete a domestic equivalent of the course. As you can see, locations vary from year to year, but the focus is on emerging economies and when possible we try to incorporate two locations to further expose students to different cultures and enable them to compare and contrast their experience in each location. For instance, I’ve had the opportunity to accompany students to several locations including Istanbul and Turkey, in Prague in the Czech Republic, Peru, Vietnam and Hong Kong. While in country, students spent time meeting with local executives in a variety of different companies and industries. For example, I recently traveled with students to Peru and we visited a leading copper producer, a large data on retail bank, a textile exporter and a local nonprofit focused on combating poverty in the country. In addition, we had the opportunity to visit an agricultural firm which grows crops mainly for export to countries such as the US. I’ve also traveled with students to Vietnam and Hong Kong which provided a very interesting contrast. Vietnam is clearly behind China in its development, but expanding rapidly with present enormous opportunity for growth. As labor rates rise in China, lower cost manufacturer is moving to less developed economy such as Vietnam. In fact, we visited a garment factory in Vietnam which was owned by a Hong Kong-based firm. At the same time, Vietnam is also attracting more high tech foreign investment as evidenced by the multibillion dollar entailed plant was opened recently there. Time is also set aside the visit cultural attractions. For example, in Cusco, Peru we went to Machu Picchu and learn a great deal about the indigenous culture which has inhabited the region for centuries. In country, we schedule some group dinners and lunches, but also a lot of free time for students to explore the city on their own including museums and other cultural attractions. For example, in Vietnam we took part in a tour which included seeing the city of Saigon on motorbikes. Needless to say this is a great way to experience the city. So, whether or not you’ve previously travel abroad the international immersion is a great opportunity to better understand the culture and business environment and the host country. Students typically learn a great deal and many had commented to me that the experience had a meaningful impact on them and their appreciation of the country and its culture. So, with that I will turn it back over to Kristy. Kristy Irwin: Thank you Michael. So, now we have a better sense of the type of courses in the curriculum. I want to walk you through some of the specific classes that you’ll be taking in each semester. The program is comprised overall of 21 courses and this is a mixture of one and a half and three credit classes. So, as I noted previously there are six semesters. Each of them is divided into two sessions and two this will take either one or two online practice per session. So, that will be a credit total of either seven and a half or nine credits each semester. Depending on when you start you’ll actually follow a set path the chart on the screen focuses on a path of students that start this spring, but the progression would be similar if you start in the later semester. So, specifically looking at the spring you will take two courses in the first session, the MBA Primer and Business Operation and two courses, Global Political Economy and Accounting in the second session for a credit total of seven and a half. In the summer, students will take five courses the Leadership Challenge Residency, Marketing and Innovation in the first session and Information Technology and Ethical Business Practices in the second. So, this is a credit total of nine. In the fall, you’ll complete one course Analyzing and Leveraging Data and this is our statistic course in session A and then Team Leadership and Corporate Finance in the second session for a credit total of seven and a half. Turning to the second year, the spring of 2015 is completely devoted to elective courses. You’ll take one in the first session and two in the second for a credit total of seven and a half. In the summer, you’ll participate in the midpoint capstone that’s a social enterprise consulting practicum which I just spoke about that’s offered both session and in addition you’ll take one elected in each session for a credit total of nine. Your last semester will include the global practicum, which Michael just spoke about, that’s been the entire semester, the global strategy capstone class offered in the first session and your final elective in the second session for a credit total of seven and a half. So, in summary over the course of two-year program you’ll complete the 21 courses and 48 credits. Does anyone have any specific questions on this? I’m happy to answer them at the end of the webinar. Lastly, I’d like to spend a few minutes talking about the career services we provide and this is something which I know is very important to many of you. As we mentioned before, we really specialized in providing best in class graduate education and we recognize that the career and professional development need of our graduate student are different from an undergraduate population. So, we have two people in the graduate office that are dedicated just to helping graduate student. We offer a range of services if you can see here including one-on-one career coaching, lunch time webinars and this focus on a wide range of topics form finding a new job to your overall professional development. You’ll have access to Villanova’s job listing database going over job and this has postings from alumni and employers who are specifically looking for candidates for Villanova University. And also you have access to other online resources anytime and anywhere which really allowed you to explore very career options or potentially just a session around skills. If you live or work in close proximate in campus, you also have opportunity to participate in campus corporate information sessions and many of these events are highlighted in our graduate students news letter first plan which also contained other relevant career and professional development articles and job postings. So, with that I’d like to thank you for your time and attention. Hopefully, you now have a better understanding of VSB certainly the online MBA Program and some of the services we provide and Michael and I are happy to answer any questions at the end of the session, but I’ll now turn it back over to Nancy to discuss some of the application requirements and the deadline. Annie: Thank you so much Dr. Capella and Kristy. Again, to everyone listening on the phone if you have any questions for Dr. Capella or Kristy, please type them in the chat box and hit send and we’ll address as many questions as we can at the end of the presentation. We’d now like to welcome Nancy back to the webinar to talk through the application process, Nancy. Nancy Bhatia: Thank you so much Dr. Capella and Kristy for providing some great information about the online MBA Program. I also take a few minutes to speak about the admissions requirement. First, you will need to start your application by accessing our online application. The enrollment advisor can send you a link to the application if you do not already have it. For the admissions process, you will need to submit a copy of your most updated resume, two short essays, official transcripts from all previous undergraduate and graduate degrees where you completed nine or more credits, two professional letters of recommendation in either GMAT or GRE scores. International students will need to submit TOEFL scores in evaluation of all foreign transcripts and also complete an interview. We do have three starts a year, a spring, summer and fall and you are welcome to start in whichever session works best for you. Some helpful hints or tips to make the process smoother for you, start the application by creating an online profile. You can save your progress as you’ve finished each section and submit it when you have everything completed. Getting your GRE or GMAT test if you have not already done so or request your scores to be sent it to the Villanova School of Business. Request an official copy of your transcript to be mailed to the offsite processing center, think about who you would like to write a letter of recommendation for you and how you will fund your program. The next step after that would be to begin the financial late application process if you’re looking to file for federal assistance. I’ll start thinking about writing your essays and upload them into the application when you are completed. Essay topics are listed in the application. Submit your application and finally pay your $60 dollar application fee and that will complete the application process. Now, some important dates to keep in mind our spring session start on the 12th of January and the formal deadline to have all of your application documents submitted for consideration is on November 15th. If you can get your application started as soon as possible there would be plenty of time to get your application completed and reviewed. Annie: Okay, wonderful. Thank you so much Nancy. For those listening in, again, if you have any questions for Dr. Capella, Kristy or Nancy you can type your question into the chat box now and click send and we’ll cover as many questions as we can now at this time. Our fist question has come in and the question is, “Do your professors have meeting hours dedicated to online students?” Kristy Irwin: Thank you, yes they do. So, each of our professors will have dedicated office hours for their particular online class and this will be noted right on your syllabus, but in addition all of our faculty members certainly understand that people have varying schedules that are in varying time zone so that particular office hour time frame might not work for everyone. They are very accessible their phone, their email address will be on the syllabus and you can absolutely expect a timely response if you give them a call or if you send them an email and hopefully came across in the presentation we really value personal individualize attention to each of our students. It’s a hallmark of our educational experience and our faculty members live and breathe that every day. Annie: Okay, thank you Kristy. Our next question is, “How many hours a week will I expect to spend on my studies?” Kristy Irwin: I would say that really varies depending on your background for those people who might have an undergraduate business education which is really sometimes people asks this question. It’s less than half of the student. So, if you don’t have an undergraduate business don’t feel like you are an outlier, but you have an undergraduate business and/or if you work in say accounting or finance, then some of those courses might be a little bit easier for you. So, I think it really varies, but if I have to put a ballpark on it I would say each week you’re probably looking at outside of class probably about 8 to 10 hours, but that’s really — I hate to put a number on it, but I know some people are looking for at least a general expectation. Annie: Great, thank you Kristy. Our next question is, “Are there requirements to be online at a certain time of day?” Kristy Irwin: There is not a requirement, although you are encouraged to attend the synchronous session that is offered for each course once a week. So, as I mentioned, you’re taking either one or two online courses per session so the most time that you would be in a synchronous live sessions would be twice a week in a given session. Those are not required, although they’re highly encouraged because it’s your opportunity to not only interact directly with your faculty member, but interact directly with your peers as well, but if you’re traveling that week or you can attend you are not required to attend a session, but you are required to listen to the recording and you are responsible for any of the material is covered. Annie: Okay, thank you. Our next question is, “How big are the class sizes?” Kristy Irwin: I would say they are approximately 20 students and I would say that could slightly vary by semester, but when I say it could vary it could be 20 to 23. You’re not going to be sitting in a class with 27 or 28 students. We really, in online environment, like to keep those classes to as small size that allows for more intimate interaction during the synchronous sessions. It allows for that more personalized attention which we really value here at VSB. Annie: Thank you. Our next question is, “Is the online course curriculum the same as the on ground campus?” Kristy Irwin: Yes, it is and when we actually decided to launch this online program that would an absolute must for us. The curriculum that you get whether it’s in the online program or in our part time evening fast track program or a part time evening flex track program it is the same curriculum and not only it’s at the same curriculum in the same courses it also taught by the same faculty member and the admission standard across all of our part time programs are the same and that’s really something that we take a lot of pride in and something that is absolutely very important to us. We understand that not every student live here in Villanova or can come to class at night. Some people just don’t have that luxury. It might be professional or personal circumstances so we want to offer a flexible option, but we want that option to be have the same caliber of students and also the same robust curricular experience which is very important to us. Annie: Thank you. Our next question is, “If there is a maximum number of students that can be accepted for each session?” Kristy Irwin: I would say that we do not put a maximum on it, although we are also not looking to plug this program with hundreds of students. We take a lot of pride as Michael and I talked about in the caliber of our students and really look to create not only for cohorts with not only exceptional students, but also a diversity of students as well so we’re looking at your background, what industry you come from and what you’ll bring to the classroom because that peer-to-peer learning aspect is very important. So, I wouldn’t say we have a number in mind, but our admission standards are selective and we are looking for a certain student and for a certain mix of students. Annie: Thank you. Our next question is, “What is involved in the domestic version of the global practicum?” Kristy Irwin: It’s a great question. So, the global practicum is a required course and as Michael noted it does have that international immersion that is optional in the middle of it, but that immersion is a week. The course is really focus on specific research around the particular countries that focused that year as well as really understanding some of the dynamics of doing business within an international emerging economy. So, regardless of whether you decide to travel on the immersion or not you are still in that class and I think it’s the beginning the students will be in that class together with the people that are traveling. Eventually, we might break that out into a separate section, but you will be engaged in the same conversation reading the same type of articles about the importance of certain topics and then the students that travel will obviously get that additional experience so there’s nothing — you can’t really replicate that experience of going into a country and actually interacting with some of the executives at somebody’s companies, but while you’re in country there is not any academic content. So, for the people that take the domestic version they’re not missing any of the class, lectures, or any of the content. They’re just missing that kind of hands on practical experience. Annie: Wonderful, thank you. Our next question is, “How are the cohorts designed? Are we graded in groups or independently?” Kristy Irwin: It’s a little bit of both and it could vary depending on the class so some professors like to have a lot of group assignments and some like to have a lot of individual assignments. I think it also landed self to the topics that some of the professors are covering. So, for example, if you look at the leadership challenge residency most of that class, the leadership challenge class, is group work, however there isn’t individual component as well. So, I think that students in any MBA Program should be prepared and excited about the opportunities as well as the challenges of working in teams with other people vary into the business world and some of the teams that you work on in your own company, but you should also be prepared that you will have some test that make some people a little uncomfortable especially if you’ve been out 10 plus years, but there will be some test. Some of them are open book and some of them are more kick at your own pace and some of them could be time within an online environment so it really there’s a span of different options there, but definitely a mixture. Annie: Great, thank you. Our next question is, “How long can I take to finish the degree?” Kristy Irwin: You need to have seven years to complete the degree so from the time that you take your first course to the time that you take your last, but as I mentioned earlier, this particular program, the online program, is designed to be taken in a two-year period. Now, we certainly understand that not every student can do that. Not every student can take either seven and a half or nine credits that I spoke to earlier so we will work with each individual student and advise them as to which classes they might be able to drop in a particular semester and then help them divide a path along the timeline that works best for them, but we certainly want students to understand that the program is designed to be taken in a certain period of time so when you look at availability of courses or you look at certain prerequisite if you say, “I absolutely have to take accounting in the next semester” we’ll have to work with you to say, “Well, is it offered or not”, but currently in the program we do have students that are taking it at a slower pace and that’s working out just fine for them. Annie: Thank you Kristy. Our next question is, “How will I receive materials for the courses? Are the textbooks online?” Kristy Irwin: That’s a great question. So, obviously it varies by professor. Some of our professors like to do electronic course text so it’s actually you’re not even buying a full book. They kind of customized a book for you which help on cost a lot. Some of the books are actually E-books and we encourage all of our faculty members to use an E-book or an electronic course pocket when it’s available. As you probably know, the publishing industry is moving more towards electronic book, but in some subject areas especially with particular books they aren’t available in an online format just yet so there will occasionally be books that you have to buy. We don’t require that you buy them from a certain place. You can buy them from the bookstore here if you like and they’ll shift them to you. You can buy them from the Amazon or wherever you might be able to get them. Some of our faculty member also include electronic cases so in that case if it’s a Harvard Business School Review case and you might actually have to go with certain site and buy a certain case, but you shouldn’t ever feel obviously never have to come to the campus and pick up a book and if faculty members try to make it easy as possible to get the resources that are needed for their class. Annie: Thank you Kristy. Our next question is, “How does the practicum work? How would I communicate with my group and/or the company?” Kristy Irwin: Another great question. So, in those particular classes you absolutely expect that you’re working in team as we talked about and so our students really collaborate in a variety of ways, but I’ll say that they’re all virtual because our students are located all across the country and some obviously internationally. So, students will use Google hangouts or use Webex, go to meetings a lot of variety virtual interaction tool and with the particular client it would be the same thing. If you have a student on your team that lived and/or work from the organization, for example in the social enterprise practicum, then maybe that student would actually go on location and dial everybody else in or it might be the case that no one is actually located in the city where the organization is, but as I’m sure many of the people on this call today operate in their actual work environment. Most teams are virtual these days so I think that the project in this particular cohort will work in the same way. You should not feel that for the social enterprise consulting practicum that you’ll be required to travel anywhere, you certainly will not and for the global practicum the only potential travel is on that immersion if you choose to partake in that. Annie: Thank you Kristy. Our final question today is, “What percentage of the program is exam versus group work or practical project?” Kristy Irwin: I really couldn’t put a percentage on it overall because it varies by course, but I would say that if I had to put a waiting you’re looking more towards the team, case type presentation, then you are on the individual exams and I think that MBA Program really lend itself to that. Obviously, there are some subject matter that has to be tested in an exam type format some of them more quantitative courses tend to lend themselves to that a little bit more and we certainly want to make sure that you have the core skill in order to move on in the curriculum, but as Michael talked about we really value the practical kind of applied education and that’s the type of experience that you get by interacting in case studies or in group type team work and presentation so I’d weighted more heavily there, but would hesitate to actually put a percentage on it. Annie: Okay. Thank you so much Kristy. Now, Nancy will provide us some important contact information, Nancy? Nancy Bhatia: Thank you everyone for joining us this evening. Please remember that if you have any additional specific questions or you think it’s time to apply please tell it to the enrollment advisor and you’ll find our contact information available on your screen now. Annie: Thank you so much Nancy. Thank you again very much to Dr. Capella, Kristy and Nancy for your time today and everyone on the phone. This concludes today’s webinar and thank you to everyone who is able to join us. Please note you will receive a follow up email message shortly after the event with the recording of today’s presentation which will be sent again to the email you provided when you registered for a webinar so please feel free to reply to that email with any questions you may have as well. Thank you. End