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Five Questions With: Dave Markert (EMBA 13’)

Dave Markert is director of business development for Progeny Systems Corp. He was the founder and former CEO of Tactical Systems Engineering. Markert has been a defense and aviation professional for 29 years. He is a retired commander in the U.S. Navy and served as a Naval Flight Officer, in the F-14 Tomcat for the bulk of his career, which included three years as a TOPGUN instructor. He represents Progeny in the Southeastern New England Defense Industry Alliance. Markert is active in Boy Scout Troop 1 in Portsmouth.

Markert has a bachelor’s degree in aerospace engineering...

MDs Seek MBAs as Health Care Gets More Complex

Nervous dental patients who make their first visit to Dr. Sree Koka may feel calmer because they have watched his video on YouTube. It answers many of their questions: Is the doctor male or female? Does he speak English? Is he nice?

In the video, Koka introduces himself, cracks a few jokes, and suggests what patients should think about for their first appointment. He created the spot while attending MIT’s Executive MBA Program where he learned the benefits of focusing on personal relationships, not just technical expertise.

“I’ve come to realize that unless that...

Sticking to the Basics

When Brett Dean insists he’s not a time management expert, you might be tempted to think he must be hiding something. As if the president and chief operating officer of Watertown Savings Bank didn’t already have enough on his plate with his full-time job, his family life and volunteer work, now he’s taken on another challenge: earning an executive MBA from the Massachusetts Institute of Technology. Then again, maybe Dean is just one of those people who needs to have a full slate of activities. The Haverhill native sat down with Banker & Tradesman to chat about...

MIT Sloan

When MIT Sloan decided in 2010 to launch an Executive MBA program, it was a game changer for the northeast market. The school’s prestige and brand is among the best in the world so the demand for the new program was immediate: 306 people applied for the first 62 seats in the inaugural class that would launch in October of 2010.

The result: a 25% acceptance rate that rivaled the best full-time MBA programs and was significantly better than the selectivity at number one ranked Wharton whose acceptance rate of 44% had made it the most selective EMBA program in the world before...

The Best Boston Metro Executive MBA Programs

When it comes to the MBA degree and Boston, Harvard Business School hogs a lot of the attention. But Harvard isn’t the only game in town. In fact, when it comes to the executive MBA degree, Harvard isn’t even in the game, never having offerred an EMBA program.

Instead, Boston area managers and executives have nearly a dozen solid degree-granting programs from which to choose. Among them are programs that blend online learning with classroom instruction, feature week-long residencies and international study excursions, boast classes taught by multiple professors from...

Lessons From a MIT Sloan EMBA Start-Up: BrightBytes

Previously I interviewed Jonathan Lehrich, program director of the MIT Executive MBA program on how they foster entrepreneurship amongst their students.  Today we have Rob Mancabelli and Hisham Anwar with us to talk about BrightBytes, the start-up they founded as part of their EMBA studies at MIT.

BrightBytes is an educational data analytics company. It delivers decision-support tools that (1) enable educational leaders to build 21st century learning environments, and (2) enable educational technology companies to measure the effectiveness of their products and services. .

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The MIT School of Entrepreneurship

The following is the first of a two part interview. The first part sees me talking with Jonathan Lehrich, the MIT EMBA Program Director, about the start-ups that have emerged from their class and how they support students in starting up a new venture.  Jonathan is one of the creators and Program Director of the MIT Executive MBA.  Mr. Lehrich championed many other initiatives at MIT Sloan prior to creating the MIT Executive MBA, including the Global Entrepreneurship Lab (G-Lab) and China Lab and India Lab programs.  He is a 2005 graduate of MIT Sloan, and holds degrees...

The MBA That Will Never Die

“The regular, full-time MBA is the two-year program that everybody’s cousin once went to,” describes Jonathan Lehrich. “It’s a program for people who are usually switching careers. … It’s a socially acceptable, two-year way to step away from the work force and come back with significantly more skills and breadth.”

Yet, where does one go when they feel comfortable in their current position and aren’t looking to make a career change, but do desire to be better equipped for their day-to-day?

Lehrich’s answer is an Executive...

New Salary and Employer Sponsorship Data for EMBA Hopefuls

Although the Executive MBA Council has an interest in reporting positive trends in executive education, it's a "top-notch" organization, says Jonathan Lehrich, director of the executive MBA program at Massachusetts Institute of Technology's Sloan School of Management. "All the prestige programs are members," he says. "Recognizing that they have an incentive to put a positive spin on our industry, nonetheless you should treat their data as very reliable."

The rise in EMBA alumni's percentage increase in income from the beginning of the program to the end—from 16.3...

School profile: MIT Sloan Executive MBA

When Rosalind Sullivan, chief financial officer at Cenegenics Medical Institute, the “age management company”, in Las Vegas, decided to do an executive MBA, she had some idea of her ideal programme.

She wanted a programme where students were “collaborative not competitive”, a “manageable schedule” that worked for her and her family and a curriculum that “merged the theoretical and the practical” and would help her “be a better executive”.

She settled on MIT Sloan School of Management. The broad-based programme boasts a...

A Day in the Life: Sloan Executive M.B.A.

A social media entrepreneur, a Navy pilot with the nickname “Flea” and a cardiologist walk into a bar. No joke here: they’re all classmates grabbing a drink at the end of a rough day.

Duc Chau (the web guru), Dave Markert (the aviator) and Suma Thomas (the doctor) are three students in the executive M.B.A. program at MIT’s Sloan School of Management. Students come to the Cambridge, Mass., campus for Fridays and Saturdays every three weeks for the 20-month graduate program, with a few week-long sessions throughout as well.

While only two of them made it to...

MBA programs for experienced financial professionals

MIT’s new executive MBA program, a 20-month part-time journey that caters to mid-career executives and meets on weekends, is designed to help students apply at work on Monday what they learned on Friday. Students have an average of 17 years of work experience and range in age from 30 to 54.

In this program, which graduated its first class earlier this month, students handle tasks best suited for mid-career executives. One class requires them to identify a process or initiative within their organizations and to launch change. In the capstone course, a global organization course,...

MIT Sloan Graduates Its First Class of Executive MBAs

Members of the first class of MIT’s budding Executive MBA program didn’t have to wait until graduation on Friday (June Eighth) to reap the benefits of their studies. By last September, midway through the new 20-month program, over half of the 62 students had already landed a promotion, accepted more responsibility in their jobs or used what they were learning to start a new company.

For MIT’s Sloan School of Management, this inaugural EMBA class has been an impressive bunch from the start. Some 54% of the students already came to school with an advanced degree....

Business Schools Come of Age

 

Eyes on the future: older people are returning to business school to ensure they remain employable

Medical advances that have led to better health in older age, combined with a turbulent stock market that has put a serious dent in personal pensions, mean individuals are living and working longer.

This demographic trend has had an unexpected beneficiary: business schools. Not only are today’s older workers looking for additional training and credentials to ensure they will be considered for assignments and promotions, but employers also want their seasoned workers to...

Minding Their Own Business - Healthcare executives turn to MIT EMBA

 

 

 

Hoping to keep pace with a rapidly changing dynamic, health industry veterans are turning to MIT to burnish their business bona fides. Officials at the Massachusetts Institute of Technology say they’ve seen a sharp uptick in the number of health care industry veterans seeking advanced management degrees. Administrators of MIT’s EMBA program, now in its second year, say the reason for the spike was nearly unanimous: Applicants said the nation’s health care delivery system is broken and they hope to take matters into their own hands, in part...

Ranking the MIT EMBA - Founder of BusinessWeek’s MBA Rankings Comments On It

 

 

MIT Sloan ... only entered its first class in a new $141,000 Executive MBA program in October of 2010. By most quality measures, the 20-month program would easily be among the world’s best. Some 40% of MIT’s Class of 2013 already have advanced degrees, and 83% boast titles that are director-level and above, with one in four already in the C-suite. The 70 executives in the class average 17 years of experience each, and 39% of them are of international origin. But when it comes to the ranking game, MIT is nowhere because the program is so new.

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Fresh Experiences in the Field

 

MIT’s Sloan School of Management is launching a capstone course for its Executive MBA programme that involves on-site, experiential learning at an overseas company, a class that school officials say is an attempt to redefine the standard “business school junket”.

The course is being introduced at a time when schools that offer EMBAs – masters programmes for working executives – find themselves in an “arms race” for students as companies cut funding for employees to enrol in such programmes.

“Any EMBA worth its salt has an...

Jonathan Lehrich Outside the Box

 


MIT Sloan School of Management has launched its second year, and director Jonathan Lehrich clearly is proud of the program’s momentum and the fact that this year’s class has a higher average level of work experience among students than most executive MBA programs — 17 to 20 years.

The program has 71 students in the class of 2013, up from 62 students in the inaugural class of 2012, and Sloan accepted just a quarter of the applicants this year.

More of them have senior-level positions in their companies, more than half travel from outside New England to...

Aiming High

 

At first glance, Damian Blazy is not your typical participant on an Executive MBA programme – an MBA for working managers. He works at the Pentagon as an energy security analyst, but not long ago he was on active duty as a fighter pilot.

Yet every third Friday and Saturday he attends classes at the Sloan school at MIT in Boston. The first reason he gives for studying a management degree will resonate with any engineer or accountant on his course. “I need to translate between ­technical issues and writing policy.”

His second reason is learning to save...

MIT and the US Navy Team Up on Alternative Energy

MIT Sloan Executive Director Jonathan Lehrich and Lieutenant Damian Blazy of the U.S. Navy discuss their efforts to wean the Navy off petroleum with Emily Rooney of Greater Boston.

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Betting on an EMBA

 


To make class, Valeri Cordón gets up at 5:30 a.m. on a Thursday to catch a flight from Costa Rica to Boston. At 8:30 a.m. Friday, he‟s in his seat at Building E62 of the M.I.T. Sloan School of Management in Cambridge, where he will pretty much stay put for two intensive days of business education. Sunday morning — 72 hours after leaving home — he flies back to his wife and three children, usually through Miami, Atlanta or Dallas.

“I go where the routes are cheaper,” he says. And he is doing this once a month, for 20 months.

An...

Paying for an EMBA

 


Getting an executive M.B.A. can be onerous, both logistically and financially. While there are some scholarships, many students rely on loans.

Graduate students, unlike undergraduates, can borrow the entire cost of education via federal loans: up to $20,500, at 6.8 percent interest, with a Stafford; the rest with a Plus loan, at 7.9 percent (foreign students are not eligible for federal aid).

But even that money may not be available. The Massachusetts Institute of Technology is not offering government aid right now because the length of its E.M.B.A. program may fall...

Blue Water, Green Fleet- The Navy Gets Eco-Friendly

 

 

 

In 1907, then President Theodore Roosevelt dispatched a U.S. Navy fleet of 16 battleships for a 16-month trip around the world. Though the hulls of the ships were painted white, the Navy's peacetime color scheme — which led observers to nickname the vessels the Great White Fleet — the voyage wasn't a holiday cruise. In the wake of the Spanish-American and Russo-Japanese wars, Roosevelt wanted the world to know that the U.S. was emerging as a major military power, one capable of projecting naval strength to every stretch of the oceans....

Pimm Fox Interviews Jonathan Lehrich on MIT Sloan EMBA

Executive Director Jonathan Lehrich discusses the Sloan Executive MBA program upon the completion of its first year with Pimm Fox of Bloomberg News.

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MIT Exec MBA Program Banks on Experience

 


MIT Sloan School of Management is completing the first year of its executive MBA program and recruiting for the second, joining the game later than its peers in Boston and entering the market when corporate sponsorship for executive education is declining.

Sloan also offers Sloan Fellows, another midcareer program, but the executive MBA is the Sloan track that accommodates executives’ work schedules while they study. Students attend classes on Fridays and Saturdays every three weeks, and Sloan’s first cohort has an average of 17 years of professional experience,...

Trains, Planes and EMBAs

 

Tim Pearson, an executive MBA student at MIT Sloan School of Management, once spent 12 hours getting home from his class.

Mr Pearson, who lives in Ottawa, Canada, commutes 300 miles to Massachusetts for the programme, which meets every third weekend over 20 months. One January evening, a combination of bad weather and delays meant his usual eight-hour journey took an additional four hours.
But he was undeterred. “Because I made a focused decision [to attend MIT Sloan], anything that happens from a travel perspective is immaterial,” says Mr Pearson, a senior...

MIT’s Sloan School Adds the Program, but Companies Scale Back Sponsorships

 

 

Massachusetts Institute of Technology's Sloan School of Management is launching its first "Executive M.B.A." this fall, but it faces a tough market as companies cut back funding for employees to go through such programs.

Executive M.B.A. programs—masters-degree programs where the classes are usually held on weekends so that ambitious job-holders can attend—have become common at many business schools. But corporate support has been declining.

Only 32% of Executive M.B.A. students were fully sponsored by their companies in 2009, down 5% from 2005,...