By: Sheila Ronis, Ph.D.
Professor of Management
Director, MBA/ Master of Management Programs
Many people ask me what is special about the Walsh College MBA program. Most MBA’s are pretty similar. That is why they have grown in popularity – employers know what they are getting if a person has an MBA. But, Walsh’s MBA is also distinctive because it has been designed to support the needs of the executive in the 21st century according to new guidelines developed by the Harvard Business School.
In 2010, Rethinking the MBA: Business Education at a Crossroads, Srikant Datar, David A. Garvin and Patrick G. Cullen, at the Harvard Business School provided MBA directors across the world with new guidelines for MBA programs. We, here at Walsh, took those guidelines very seriously and have now looked at our MBA program to ensure we meet all the new guidelines.
Datar, Garvin and Cullen established that there were several skill sets that MBA’s should possess. They include:
• “Gaining a Global Perspective,” or understanding how everything needs to work in a world of globalization,
• “Acting Innovatively and Creatively,” or learning how to think “out of the box” to come up with new and better ideas for solving problems and seeking solutions, taking advantage of opportunities and minimizing threats,
• “Developing Strategic Leadership Skills,” which require an understanding of how to lead people and organizations in a strategic way,
• “Improving Integration and Systems Skills,” which enables students to learn about context and integration, interdependencies, complexities and interconnections,
• “Assessment of Skills,” to ensure that student knowledge is measured and the institution knows that students are learning what we are teaching,
• “Thinking Critically,” to ensure students can make an argument and back it up with research and data to prove their points,
• “Communicating better,” both orally and in written formats,
• “Understanding the responsibilities and purposes of business,” and the ethical principles that all organizations should adhere to in a complex world, and
• “Understanding risk,” or how to reduce the probabilities of failure and increase the probabilities of success.
– Adapted from Rethinking the MBA: Business Education at a Crossroads, by Datar, Garvin and Cullen, Harvard Business Press, Boston, 2010
The Walsh College MBA is a distinctive program designed for the working adult encompassing the study of management, accounting, finance, marketing and related disciplines. But, it also has been designed to ensure that when students have completed the program, they will have the skill sets necessary to succeed in the new world of today and tomorrow.
For more information on MBA's from Walsh College, please register for our free Master of Business Administration (MBA) and Master of Management (MM) webinar