MIT Executive MBA Program
Sponsorship Proposal Resource Guide
Overview
The purpose of this Resource Guide is to provide prospective MIT EMBA students content which will be helpful in developing an effective Sponsorship Proposal for your organization. This Guide is a reference for your convenience as you assess what information to include in your proposal.
As you draft your proposal, here is a list of questions commonly asked by sponsoring executives.
§ How does an MBA align with your responsibilities, your development plan, and your company’s priories?
§ How will this benefit the company?
§ How will this impact your job and improve your performance?
§ How will you handle the time away from the office?
§ How much does it cost? What are the payment terms?
§ How do I know that if I sponsor this education, you will not leave the company before we have seen a return on our investment in you?
§ What distinguishes the MIT EMBA and the impact it will have?
Please keep in mind this document is not a proposal but rather a collection of the ingredients that we have seen in successful proposals. Download a sample proposal here.
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MIT Executive MBA Program
Sponsorship Proposal Resource Guide
Table of Contents
§ The MIT EMBA Program Overview ……………………… Page 1
§ What Distinguishes the Program ………………………….. Page 2
§ Program Components ……………………………………... Page 2
§ Course of Study …………………………………………… Page 3
§ Tuition and Payments ……………………………………… Page 6
§ Corporate Sponsorship …………………………………….. Page 6
§ Candidate Commitment ……………………………………. Page 7
§ Cohort Statistics ……………………………………………. Page 8
§ MIT EMBA Program Calendar ……………………………. Page 9
§ Participating Organizations ………………………………… Page 10
§ Recent Media Coverage ……………………………………. Page 11
§ Student Testimonials ……………………………………….. Page 14
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The MIT EMBA: Program Overview
The MIT Executive MBA is a rigorous, 20-month, executive-schedule MBA program designed for mid-career executives poised at pivotal junctures in their careers. Through advanced management practices and applied learning projects, executives emerge with a broader perspective and the tools to increase their impact. The EMBA program is an opportunity to join an elite forum for innovation and leadership, in which mid-career executives develop an edge in their management capabilities and build a network and connection to MIT that lasts a lifetime.
The MIT Executive MBA provides a platform to increase knowledge, capabilities and impact. The program is specifically designed to maximize learning while complementing the work lives of students.
This program allows students to apply classroom learning to real work projects. Students will have opportunities to work closely with renowned faculty, and to collaborate with a diverse and distinguished peer cohort to gain fresh insight on organizational issues and to develop innovative solutions.
Each class cohort is comprised of successful professionals drawn from a broad spectrum of industries, job responsibilities, and nationalities. MIT seeks candidates who have demonstrated a skilled capacity to lead, work as a team, creatively solve problems, and push themselves to achieve their potential.
The program is designed to increase the impact of executives by providing:
§ A world-class educational experience that integrates classroom learning with real-time job performance, creating immediate organizational impact.
§ A complement to functional expertise that includes a solid foundation in the science of management.
§ Access to MIT’s cutting-edge research in business, leadership, and technological innovation years before that knowledge becomes mainstream.
§ Cross-industry best practices from renowned faculty and distinguished peers.
§ Increased ability to support company growth and profitability with leading management techniques and data-driven approaches.
What Distinguishes the MIT EMBA
Program design—The program is designed around a schedule that allows busy executives to balance work and personal life with a strategic investment in their careers. Weekend classes (Friday and Saturday) usually meet once every three weeks, with week-long modules every six months.
Applied learning—MIT’s credo mens et manus (mind and hand) is manifested in action learning projects centered on both the student’s own organization and outside organizations. Through these projects every EMBA student puts techniques learned in the program into use immediately. This applied learning approach deepens the educational experience and enables the student and sponsoring organization to leverage the value of the program right from the start.
Elite peer group—The EMBA program consists of an elite peer group of accomplished mid career professionals. They represent a wide cross-section of industries, roles, and nationalities, resulting in rich, cross-functional perspectives and productive collaborations.
Faculty expertise—The MIT faculty are influential architects in the creation of management, finance, innovation, and strategy best practices. During the program, students collaborate with these thought leaders to develop the advanced management capabilities they need to realize their organizations’ strategic priorities.
MIT Community—At the heart of the program is the opportunity to join an elite forum for innovation, collaboration, and leadership. Upon acceptance to the program, every MIT EMBA gains access to MIT’s tight-knit community of influential thought leaders, Research Centers, and 125,000 alumni.
Program Components
The MIT Executive MBA curriculum combines critical, data-driven analytical approaches with the fundamentals of business leadership. Drawing on the faculty’s deep expertise in finance, innovation, global management, and more, the program uses an integrative, action learning-based approach to executive-level management education.
Weekend Sessions
The 26 weekend sessions meet all day Friday and Saturday and are spaced about three weeks apart. These sessions provide iterative engagement with the program courses and an opportunity to work with classmates and build on one another’s experiences.
Executive Modules
The four executive modules are each 6-9 days long, and are spread six months apart. They offer the immersive experience which is typically a benefit of being a full-time student at MIT. The executive modules combine intensive classwork, collaboration with classmates on projects, and evening events and speakers that build tight bonds within the class cohort and across the MIT community.
Action Learning Projects
Action learning projects are a central component of classes. They provide an opportunity to immediately apply the methodologies taught to the student’s organization and to industries of interest. Midway through the program comes Organizations Lab (O-Lab), an opportunity to use the coursework so far – particularly System Dynamics and Operations Management – to improve a process in the student’s own organization.
In the final spring semester comes the capstone action learning project, Global Organizations Lab (GO-Lab). In GO-Lab, students work as part of a small EMBA-only team with an international company to help them solve a global integration issue. This includes one week at multiple company sites worldwide for field research and immersion in the company’s challenges.
Electives
During the three electives periods (January ’13, January ’14, and Spring ’14), EMBA students have an opportunity to explore specific areas of interest more deeply. Electives may vary from year to year and include advanced topics and cutting-edge research. MIT EMBA students may also take advantage of cross-registration privileges in MIT’s full-time programs and at Harvard University.
Course of Study
Over the last half century MIT Sloan has defined the science ofmanagement and engineered innovationsthat have changed the face of business. System Dynamics, Marketing Science,McGregor’s Theory X and Theory Y, andthe Black-Scholes derivatives pricingmodel all began here. During the program you will follow a course of study that emphasizes MIT’s traditions of thought leadership, bold experimentation, data-driven analytics, and direct application of theory into practice.
Integrated and Action Learning CoursesLeadership and Integrative Management
Perspectives on Creating, Capturing, and Conserving Value
Deep Dive on the Challenges of a Multinational Organization
Innovation-Driven Entrepreneurial Advantage (IDEA)
New Product Innovation
Entrepreneurial Strategy
Organizations Lab (O-Lab)
Organizational Analysis for Change Initiatives
Implementation amid Organizational Resistance
Features full-semester in-company project
Leading in a Global Context
Macroeconomics: Countries and Regions
Global Markets and Strategy
Global Organizations Lab (GO-Lab)
Organizational Strategies in Emerging Markets
Strategic Analysis of Global Challenges
Features full-semester in-company project
Leading Complex Organizations
Organizational Economics and Strategic Design
Delivering Value Globally and Sustainably
Analytical Frameworks
Applied Economics for Managers
Microeconomics: Firms and Markets
Economic Analysis of Corporate and Policy Decisions
Financial Accounting
Using Accounting Information for Corporate and Investment Assessment
Financial Statement Analysis
Data, Models, and Decisions
Driving the Business through Best-practice Quantitative Methods
Industry Perspectives and Applications
Introduction to System Dynamics
Systems Thinking and Modeling
Organizational Design and Management in a Dynamic World
Business Essentials
Leading Organizations
Organizational Behavior
Leading Change
Competitive Strategy
Strategies for Competitive Advantage
Modern Strategic Management
Operations Management
Global Operations Strategies
Supply Chain Management
Financial Management
Corporate Finance and Capital Markets
Risk Measurement and Risk Management
Marketing Management
Market Segmentation
Marketing Strategy
Advanced Elective Courses (Sample)
Power, Influence and Negotiation
The Analytical Edge
Technology Strategy
Risk Management
Law & Strategy for Senior Executives
Marketing Strategy
Advanced Topics in Corporate Finance
Business Analysis Using Financial Statements
Tuition and Payments
The tuition for the Class of 2014 MIT EMBA Program is $141,000. Tuition is paid over three calendar years: $32K in 2012; $79K in 2013; and $30K in 2014. Tuition for the Class of 2015 has yet to be determined.
Sample MIT EMBA Tuition Payment Schedule, (Class of 2014)*Tuition Term / Date Due / 2012-14 Tuition
Deposit:
Based on date of acceptance decision / No later than August 2012 / $10,000
Fall 2012 / October 1, 2012 / $22,000
Spring 2013 / January 1, 2013 / $38,500
Summer 2013 / July 1, 2013 / $16,500
Fall 2013 / August 1, 2013 / $24,000
Spring 2014 / January 1, 2014 / $30,000
Total Class of 2014 Tuition / $141,000
*This tuition schedule is provided as sample only. It can and should be modified based on the amount of financial sponsorship you are negotiating with your organization. Actual tuition payments will vary from class to class. Travel and accommodation expenses are not included in tuition fees and will vary based on location and student preferences.
Corporate Sponsorship
The EMBA program is for organizations who seek a competitive advantage based on exceptional strategic and operational management. By equipping leaders with advanced management practices and a broad perspective, companies emerge with the executive leadership needed to develop and execute winning business strategies for today’s global economy.
The MIT EMBA program design requires that students be employed. The program also requires approval and support from the EMBA’s manager and organization regarding:
§ time out of the office
§ applied learning on the job for the duration of the program
§ approval for international travel (if applicable)
The MIT EMBA application process requires a minimum of two letters of recommendation. One must be from the candidate’s employer, preferably a manager. The letter should address the candidate’s specific qualifications as an applicant, and should also address the issue of the time away from the office that will be required for full participation in the program.
It should be noted that the MIT EMBA is one of the most demanding and competitive executive MBA programs currently available. The program accepts approximately one in four candidates, making the MIT EMBA one of the most selective top-tier executive MBA in the world. Therefore completing the application process is not a guarantee of acceptance, but strong company commitment helps the admissions committee recognize a candidate’s strengths and potential.
Candidate Commitment
Candidates may want to include a statement of commitment to their sponsoring company.
Sample Candidate Commitment Statement
I am fully aware of the magnitude of the time and financial investment represented by the proposed MIT EMBA sponsorship. I am fully committed to building capability, capacity and value at COMPANY over the long term, and feel this is the right step to accelerate my progress towards this goal.
I am willing to sign an employment contract that would require me to complete a predetermined and mutually agreed period of service. Failure to meet this expectation would require a level of reimbursement to the COMPANY.
The mission of the MIT Sloan School of Management is to develop principled, innovative leaders who improve the world and to generate ideas that advance management practice. As a result of this transformational learning process, I look forward to applying my expanded perspectives and skills to achieve our of our organizational goals.
MIT EMBA COHORT STATISTICS
A Sample List of Participating Organizations
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Acxiom Corporation
AECOM
AGRITECH
Alkermes
Allen & Company
Analog Devices
Apple,Inc.
Astra Tech, Inc
BAE Systems
BBVA
Biogen Idec
BMA Capital
Boston Scientific
Brigham and Women's Hospital
Bristol-Myers Squibb Company
Broad Institute of MIT and Harvard
Broadcom
Broan
Brown University
Cabot Corporation
Campus Crusade for Christ
Canonical
Cenegenics Medical Institute
Citigroup
Clear Channel Media + Entertainment
Comcast
Commonwealth Financial Network
CompuCom Systems, Inc.
Constant Contact
Dana Corporation
DRS Defense Solutions
E.W. Scripps Co.
Eastern Bank
Eli Lilly and Company
EMC
EMD Serono, Inc (Merck KGaA / Serono)
Envoy Advisors
Federal Aviation Administration
Federal Reserve Bank of New York
Fidelity Investments
Fraen Corporation
Gazelle
GE Aviation
General Dynamics C4 Systems
General Electric
Genzyme, a Sanofi Company
Graham Partners
Hasbro Inc.
IBM
IDEXX Laboratories, Inc.
Intellectual Capital Services, Inc.
Intueor Consulting
Invensys
InVivo Therapeutics
Jabil Inc.
John Hancock
JP Morgan Chase & Co.
L-3 Warrior Systems, Insight Technology
Lahey Clinic
Levitronix LLC
Liberty Mutual
Massachusetts General Hospital
Mayo Clinic
MedImmune
Microsoft
MITRE
Monsanto Company
Monster Worldwide
Nathan Associates
Netsoft USA
NewWave Technologies Inc
Nexus Properties
Novartis Institutes for BioMedical Research
Partners HealthCare
Pfizer
Philips Healthcare
Prudential Financial