From the Directors
My name's Nelson Repenning. I am a professor in the Sloan School in both the organization studies and the system dynamics groups, and currently right now I'm acting as the faculty director for both the Sloan Fellows program in management innovation, and I'm also the faculty director for the MIT Executive MBA. MIT's Executive MBA program is a new offering, we have just submitted our second class, and it is our first entry into a part-time program that offers a degree.
When the students show up in this program, I'm one of the first people that they see. And the first thing that I always tell them is that they're very important people. We have a student right now from the United States Navy who's facing the task of developing the Navy strategy for finding sustainable energy sources. Turns out the United States military might be the biggest energy consumer in the entire world, so he's working on a very important problem.
So it's a very exciting bunch of people, the faculty love to teach them. and As the faculty director, I'm interested in training people and teaching them that can really make a difference, and we look at this class, and these are clearly people that have a lot of influence and leverage in the world, and hopefully we'll be making a substantial difference in the way their organizations operate.
So I view MIT's Executive MBA program as playing a central role in how we accomplished our mission. So the mission of the institute, as articulated by our current president Susan Hockfield, is to bring science and technology to the world's important problems. I think the mission of the Sloan School within that larger mission is we play a significant role in helping people lead the organizations that turn technologies from ideas into reality.
Our dean has said, organizations are the tools that turn ideas into actual practice. One of the questions that we often ask about the particular module is, what can you do on Monday, meaning that after they've been here on Friday and Saturday, is there anything that they can go back on Monday morning and do differently as a consequence of the time that they have spent with us? I think because we have that very tight integration between learning and action, I think the lessons are becoming more deeply seated in their heads, and will be more actual in the future than they are today.
So not only is it hopefully making a difference on Monday, but it's going to influence their trajectory for their careers. One of the big opportunities I see for the program going forward is to get more people from non-governmental organizations, from the US government, from other places that maybe don't have a kind of shareholder focus bottom line, but nonetheless make a big difference. And I actually want those people for two reasons.
Number one is they have a huge impact on the world and they're very important, but I also think it will improve the quality of the educational experience, not only for them, but the people in the classroom that come from some of the more traditional-- from some of the more traditional roles of companies-- privately held companies and publicly held companies that have a bottom line and are more profit-focused.
So I think the defining component, or the defining element of what the Executive MBA has to offer is for us, it is the opportunity to have the closest connection between what happens in the classroom and actual change and transformation that our students are making. So it represents for us, at least, the most immediate opportunity to take MIT's reputation for doing research, and turn that, very quickly, into actual change in the world.
I'm Jonathan Lehrich, the program director of the MIT Executive MBA and a lecturer here at Sloan, and also a graduate of the MBA class of 2005. It has been said by people who are observing this industry that often the E in EMBA stands for easy. We don't think like that, our students don't think like that.
For us, the E stands for experimental, for our constant desire to innovate. I fundamentally believe that MIT's approach to everything is to get it right the first time, and then fix it. The MIT Executive MBA is a rigorous program, therefore a deep commitment. So one wonders why anyone would take this on when they're already busy.
This is a program for people who already work 50 or 60 hours a week, and they have families, and they have travel responsibilities, and therefore they decide to add on this program, too, which is another 15 to 20 hours of work a week.
So where they finding the time-- why are they finding the time? People are coming, not just from New York and DC, but from Toronto, from Texas, from California, from Costa Rica, and Columbia. people are traveling from throughout the Americas and even from Europe to do this program versus any other program or anything else they could be doing. They want a program that is embracing technologists and scientists, but not exclusively a program that's going to be focused on entrepreneurship, on innovation, on finance, on operations, all of the hallmarks of MIT, but also the strengths of what you're looking for in a general management program.
We are looking for your best candidates. We are looking for the people that you see as the future of your company. One thing also that we are looking for, and that our students are very eager for, is our global organizations lab. The MIT Executive MBA program, the go lab, is our capstone course in which international companies, multinationals with sites in multiple countries, are looking EMBA team's help to figure out their integration challenge.
And that's what the Executive MBA is about, is integration, the integration of learning because you are working-- the integration of data-driven analytics and global leadership, the integration of principled and innovative leaders who improve the world. That's not just a mission, that's actually one of our essay questions. We mean it when we say it, because Sloan means it, too.
And every member of this program, the students, the faculty, program team, and all of the alumni who have committed themselves to the success of this program are advancing the school's mission every step of the EMBA.
Prospective Students and Sponsors,
We welcome you to The MIT Executive MBA Program. The MIT EMBA Program is an extraordinary opportunity for rising executives to challenge themselves, to challenge convention, and to challenge their fields.
The EMBA Program is built on MIT’s deep culture of rigor, questioning, and teamwork. It taps the institution’s preeminent role in innovation, research, and management to give you an edge, in any marketplace, in any economy. Over the last half-century, MIT’s Sloan School of Management has defined the science of management and led innovations that have changed the face of business. System dynamics, Marketing Science, McGregor’s Theory X and Theory Y, and the Black-Scholes derivatives pricing model all began here. The school continues to be at the forefront of management education, empowering executives with a rigorous and data-driven approach to solving complex challenges and seizing strategic opportunities.
The EMBA Program empowers you with cross-industry learning, leading-edge research, and lessons from renowned faculty and peers. Through real-world projects in the classroom and out, you will immediately integrate what you learn with how you perform on the job. This emphasis on action learning deepens your knowledge and delivers impact for you and your company right from the start of the program.
If you are at a pivotal point in your career and seek to broaden your perspective, to increase your impact, to develop the tools and confidence to take the right risks at the right time – then we encourage you to apply to the MIT Executive MBA Program.
Johanna Hising DeFabio
Program Director, Lecturer
Faculty Director, Professor of System Dynamics.