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Curriculum Changes at Booth for Executive MBAs
Beginning in June 2013, the University of Chicago Booth School of Business made several incremental changes in the curriculum for Executive MBAs (EMBAs). These changes included newly added courses and modifications to currently offered courses, new elective offerings with the opportunity for specialization, and increased time spent internationally through the international exchange program.
In the part-time program of just over 500 working professionals, one of the new courses added was a capstone course. In this course, students work throughout a three-month period to garner all of the knowledge, skills and tools learned throughout the EMBA program to create a complex business plan to maximize a company’s revenue and to be presented to a panel of investor judges over the course of several rounds.
In addition to the capstone course, several new elective options are being offered. These electives allow students to choose an area of specialization in sectors such as corporate finance, entrepreneurship, management, leadership, marketing, capital markets, and strategy. In the past, students could only choose areas of concentration if they opted to take an extra week of courses during the final week of the program. As a result, few students were able to take advantage of an academic specialization. However, the new setup incorporates courses into the core and opens many more students to the opportunity of choosing an academic specialization. All elective courses will be taught at the Harper Center at Booth’s main Chicago campus. To make room for these added courses, several courses such as Strategic Leadership and Quantitative Marketing have been condensed, while other courses such as Technology Strategy will be reorganized to be part of the elective options.
The final major change being implemented is the expansion of the requirement for international exchange. Before, the international exchange segment of the program lasted four weeks. Under the new curriculum, the length was expanded to five weeks, giving students optimal time to work closely with students from Chicago, London and Singapore campuses, as well as faculty at the main Chicago campus for a required two weeks. One main incentive to implement this extension was to give students ample time to work with different faculty members from each international campus in order to gain perspectives on business with a truly global eye.
As a result of these changes, the inclusive cost of the 21-month program also rose to a total of $154,000.
Dr. Shel (Shelly Watts)
President, MBA Admit.com