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Resources: No-Hassle EducationBy: Editorial StaffFGCU’s Executive MBA program offers higher learning at an accelerated pace. |
Every other Friday and Saturday, Alvion Technologies’ Pamela
Lang can be found sitting in class with 16 other business professionals—and
enjoying it. It’s not another high-tech seminar she’s attending, but the
Executive MBA Program at Florida Gulf Coast University.
For Lang, a member of the class of 2003, the marketing and
finance curriculum alone has already armed her with expertise beyond what she’s
gleaned from in-house mentoring. “My only regret is that I didn’t do thisstyle="mso-spacerun: yes"> earlier,” says Lang, who rose through
the ranks of sister data marketing company AccuData before it spun off the
software development division as Alvion to specialize in e-commerce Web sites.
For 20 years, the MBA has helped propel managers into the
executive suite. It hands professionals the credentials that accelerate
careers. It pays in power, paychecks and perks. But more and more
success-driven individuals trying to balance career, family and higher learning
are seeking an MBA program that can fit their schedule. Some turn to Internet
universities to earn an e-MBA. Others prefer the personal interaction in night
classes at an accredited business college. A third option, an executive MBA,
offers accelerated studies that take middle and senior managers to the next
level, albeit at a higher cost.
In its third year, FGCU’s 21-month program already ranks
among the top programs in the nation and is drawing high-level managers from
around Southwest Florida eager to learn in the team-oriented and intellectually
challenging environment.
The Executive MBA Program, which has been ranked by Business
Week Online as one of the top 100 in the world, will have handed degrees to
more than 50 students in its first four years by the time its 2003 class
graduates. Executive director Dr. Lee Duffus hopes to recruit 20 students for
the class of 2004 and have enough qualified applicants for two classes of 20 in
2005. Duffus, who frequently speaks to local business groups, supports his
personal marketing with direct mail and print advertising.
The average student has 15 years of professional experience
and is 39 years old. Nearly every industry segment in Southwest Florida has
been represented in the first four classes. About 60 percent of students are
male. The curriculum includes team assignments, selected reading and real-life
problem solving. World trends and leadership strategies are related to
students’ on-the-job dynamics, which in turn become the subject of assigned
classroom projects. Business ethics frame discussions.
Kathleen Ruff, a member of the class of 2003, never
envisioned going back to school until four years ago when she returned to the
Fort Myers-based family business—Deep Lagoon Boat Club—and found herself
responsible for increasing profits. The program “reinforces what I’m doing
right and shows me what I could do better,” says Ruff, who devotes 24 days to
classes each year, a schedule that’s manageable for entrepreneurs and managers.
Jerry Elliott, system director of sales with Lee Memorial
Health System, envisions the open doors that will accompany his MBA. Alumni
data prove that could be the case. Ninety percent have changed careers or
reaped job promotions within one or two years of graduating, Duffus says.
Two philosophies guide FGCU’s program. First, the College of
Business at FGCU, which includes 12 educators with doctorate degrees, is
committed to the business community. “Many universities, including Ivy League
schools, tend to be insular,” priding themselves on faculty research instead of
involvement with business, says Duffus, who taught marketing and business
administration at state universities in Tennessee and Florida before joining
FGCU as a founding faculty member.
The MBA program and eight public seminars are just some of
the ways the school is showing its commitment to the business community.
Florida’s 10th state university is on track to receive accreditation from the
prestigious Association to Advance Collegiate Schools of Business in record
time.
Second, students receive extraordinary consideration.
Faculty and staff expedite admission papers, transcripts and references. They
provide laptop computers, order books and cater breakfast and lunch for Friday
and Saturday sessions, held in the same room at the Walden Center in Bonita
Springs. Professors mentor students where and when they’re available.
“Everything is structured for the convenience of the busy executive student,”
says Duffus. “No one can afford to
waste time.”
All this convenience comes at a cost—$30,000—about twice the
price of a traditional MBA. Student loans and company stipends often help with
tuition. Students must earn 42 credit hours, including six from annual one-week
summer sessions, to graduate.
Applicants must meet basic requirements, including a minimum
score of 500 on the GMAT, a 3.0 undergraduate grade point average and at least
seven years of business experience. Personal interviews are required.
Displaying an aptitude for mental discipline is more important than having a
history as a model student, Duffus says.
Such discipline is clear on a typical Friday in the
executive MBA classroom. Students tap notes into laptop computers as Dr.
Bradley Hobbs lectures on economics. As they break for a catered pasta lunch in
the next room, informal groups continue to hash through ideas. A few students
keep writing. Duffus checks in, greeting students by name and offering words of
encouragement.
Alvion Technologies’ Lang breaks out in a smile. “The whole
experience has been even better than I expected,” she says. “Who would think
that statistics class could be wonderful?”
Southwest Florida MBA Programs
FGCU offers the only executive MBA program in Southwest
Florida, but other local colleges and universities offer MBA programs.
Florida Gulf Coast University
Center for Leadership and Innovation
Bonita Springs
Contact: Dr. Lee Duffus
Phone: (239) 948-1815
www.fgcu.edu/cob/emba
lduffus@fgcu.edu
International College
Naples
Contact: Susan Casey
Phone: (800) 466-8017
www.internationalcollege.edu
scasey@internationalcollege.edu
IMPAC University
Punta Gorda
Contact: Student Services
Phone: (866) 467-2248
www.impact.edu
studentservices@impacu.edu
Walden Institute
Bonita Springs
Contact: Mike Anastasiou
Phone: (800) 237-6434 ext. 5145
www.waldeninstitute.com
manastas@waldeninstitute.com