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Calling all Haas Executive MBA Applicants (2015 Intake)

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Calling all Haas Executive MBA Applicants (2015 Intake) [#permalink] New post 27 Aug 2014, 07:34
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Re: Calling all Haas Executive MBA Applicants (2015 Intake) [#permalink] New post 27 Aug 2014, 07:39
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Financing Your Executive MBA [#permalink] New post 27 Aug 2014, 07:56
FROM The Berkeley EMBA Blog: Financing Your Executive MBA
Sticker shock is not uncommon when people start researching executive MBA programs. But on his first day of class, Greg Durkin, EMBA 14, saw concerns over cost evaporate when his classmates “were no longer abstract, but were interesting and diverse individuals I would gain a lot from being around. From there, other things I hadn’t considered got added into the equation, including negotiation skills, which have a clear financial return, and less tangible things like leadership effectiveness.”

Below, students talk about how they are financing their EMBA studies, and share advice on financing your executive MBA.

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Durkin is one of five recipients of the Executive MBA Fellowship, offered each year to ensure a broad range of diversity in each class, including the industries in which students work. As vice president of Theatrical Research at Warner Bros. Pictures, Durkin brings a bit of Hollywood to his class.

“Some students have the cash in hand to pay for the program, but they are rare,” Durkin says. “Most of us have to assess the investment and our ability to pay. I greatly appreciate the financial assistance of the Fellowship, and the school’s commitment to diversity.”

Applying for a Fellowship involves simply answering an essay question on the application.

The Financial Aid Office also makes available information about outside scholarships.

Loans
“My gut feeling is that you get what you pay for in life, only the Berkeley MBA for Executives Program actually delivers more than some higher-priced programs,” says Alec Randall, EMBA 14, senior manager at Charles Schwab. He cites the on-campus experience, top-notch faculty, innovative environment, and networking opportunities as examples.

Randall financed his degree largely with loans from federal and private lenders and drew on his personal savings and employee stock ownership plan at work. “The Financial Aid Office staff is helpful, trustworthy, and very well-informed. They helped me navigate the loan application process, especially the timelines that trip you up if you’re not careful.”

Veteran Benefits
An MBA is the perfect way for armed forces veterans to gain the business skills and insights needed to complement their well-honed leadership skills as they transition into senior positions in the corporate sphere. The Post-9/11 G.I. Bill offers generous financial support for education at any level.

“When I realized the 9/11 G.I. Bill would cover $17,500/year at a private university or 100% of the in-state tuition at a public university, it wasn’t much of a leap to decide that Berkeley-Haas—a school with an unmatched reputation—was the way to go,” says Tony Stobbe, EMBA 14, a former commissioned officer in the U.S. Coast Guard, and now managing director, Bonsai Design. His advice to other vets? “Leverage your G.I. benefits as much as you can. Go to the best school you can and get the maximum benefit from your service and your education. You’ve earned it.”

Employer Assistance
Many employers recognize the benefit they reap when employees develop their leadership skills and business acumen through advanced degrees.

Neal Fornaciari, EMBA 14, senior manager at Sandia National Labs, sold his employer on the idea of funding his EMBA studies. “My advice is to use the business skills you already have and the expertise available at Haas to make a valid cost-benefit argument to your employer and complete a strong application. You and your employer will benefit.”

Tina Shinnick, EMBA 14, director of Procurement & Travel and San Francisco administrator at the O’Melveny & Myers law firm, got that kind of immediate benefit from one “simple, brilliant tool” that she learned in Operations class and put to use at work. “That alone was worth the entire cost of tuition,” she says.

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8 Not-So-Hidden Advantages of Part-Time MBA Programs [#permalink] New post 27 Aug 2014, 07:56
FROM The Berkeley EMBA Blog: 8 Not-So-Hidden Advantages of Part-Time MBA Programs
When it comes to getting an MBA, there are many questions to answer, starting with the most basic, why do it at all?

Knowing why should give you some insights into when, where, and what kind of program is right for you. Full-time? Part-time? Online? The kind where you send in a check and get an embossed “diploma” back in the mail? (Just kidding.)

Here are some things a part-time or executive program allows you to do that may help you decide if this is the best way for you to get an MBA:

1. Keep your foot on the gas careerwise.  Your career stays in gear, while you’re revving up the engine to make your next move. Plus, you’re sure to meet classmates who can help you accelerate your growth.

2. Get outside your comfort zone.

Use the curriculum to explore subjects you would never encounter on the job. Take a risk. Take on a leadership role. Experiment without getting fired! Take time to examine where you’ve been and where you’re going. You might find a new passion.

3. Recharge your batteries.

If you’ve been in your current position a while, taking some time to reflect and meet people outside your industry may be just the catalyst you need.

4. Learn it and use it.

People in part-time and executive MBA programs have this great laboratory to try out what they’ve learned in class. It’s called the workplace. When you can apply a lesson immediately—you’ve really made it your own.

5. Compete for something other than a promotion or a new job.

Business plan and startup competitions stretch your skills, test your endurance, and might even help you launch the next big thing.

6. Invest in yourself—and others will too.

Getting an MBA says something about you to your colleagues, your boss, even your boss’s boss. It says that you’re someone who is taking charge of your career, realizing your potential, shaping and sharpening your skills. And it says it before you’ve even finished the program.

7. Explode your network.  Where else will you find people from such diverse backgrounds, with such accomplished careers all in one place? And they’re all there to do the same thing: to learn from, engage with, and help each other. That goes for your classmates, the faculty, the alumni, and all of the other people working and studying on your campus.

8. Be a sponge.  Being in a part-time program, you realize pretty quickly just how much you can soak up without drowning: job, school, even a personal life. It’s not that time or space expand. It’s that you discover what you can accomplish with a supportive network of family, friends, and classmates.

 

There you are—eight ways to thinking about an MBA that might just help you decide which kind of program will take you where you want to go.

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Calling all Haas Executive MBA Applicants (2015 Intake) [#permalink] New post 27 Aug 2014, 09:22
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Welcome to all 2015 applicants applying to Haas Evening-Weekend MBA Program at UC Berkeley.

We recently got the opportunity to talk to Current Haas EWMBA student and Prominent GMATClub member - Packet82 - and get his insights on Haas' MBA programs. Here are the excerpts from the discussion.

bb:- GPA, GMAT, Application Essays, Interview, Work Experience, and Extra Curricular. If you asked to arrange these parameters in the order of their importance at Haas– what would it be?

Packet82:- (1) Work Experience (2) Interview and Essays (3) GPA and GMAT
Extra Curricular is a bit of a wild card. It really depends on the specific applicant.



bb:- What advantage, if any, is there in applying in a specific round over another?

Packet82:- If you come from a common background, it's better to apply in round 1. However, Haas tends to admit most of the EWMBA class in round 2 and will waitlist the bulk of the R1 applicants until R2 is done. So, if you have a strong background and have a lot of competition, it's probably better to do earlier. Past that though, it doesn't really matter. Just try to get it in by R2. R3 & 4 tend to be much more competitive as most of the spots have been filled.



bb:- Are the on-campus and off-campus interviews treated equally or there is any preference to one over other?

Packet82:- Haas officially only does on campus unless there's an extenuating circumstance. I ended up doing mine via skype and got in anyways. If you can, make the trek down to Haas for the interview.



bb:- Do you recommend a school visit? Is it a must?

Packet82:- Not a must, but I'd highly recommend it. Haas is a very different place from other b-schools I've visited. Admissions really only wants to admit people that fit in to the mold of the type of leader Haas is trying to educate. So, visit the school and get a feel for it ahead of time. See if it's a good fit for you.



bb:- How important is the school visit for an applicant?? Does that really play any role in strengthening application?

Packet82:- It makes for some added color. No one is going to record that someone came in for a class visit or not, but it can definitely help you with ideas for your essays.



bb:- Can you comment on the Employment process of the school? What support do students get from Career Services dept, peers, and alumni? Which companies (and from which sectors) generally recruit in the school? How strong school’s alumni network is?

Packet82:- In the Bay Area, it's mostly tech companies and a lot of startups. All the other usual suspects that show up to other top 10 programs also show up to Haas.



bb:- Which student clubs or groups are in the school? What social and philanthropic opportunities and opportunities to get involved in leadership roles one can get in these groups?

Packet82:- The full list of clubs is available here: https://haas.campusgroups.com/club_signup



bb:- Is there anything related to Financial Aid worth a mention?

Packet82:- For part time students, there isn't much in the way of financial aid other than loans. There are a few token need based scholarships (I don't know anyone that has received this), and one small grant for people living outside of the bay area, but that's about it. Many people have some sort of sponsorship from their company though.



bb:- Can you think of a few good and bad reasons for applicants to reach out to current students? Eps. Before submitting an application?

Packet82:- If you want to find out some more information about what it's like to attend the school, great. Don't ask current students information that can easily be found on the website or things like what specific books they used for classes.



bb:- Who would be an ideal applicant to your program based on admissions, culture, and the program in general?
Packet82:- still working a bit on this question.

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How to Choose a Berkeley MBA Program [#permalink] New post 06 Sep 2014, 07:02
FROM The Berkeley EMBA Blog: How to Choose a Berkeley MBA Program
Berkeley-Haas has three MBA programs: Full-time, Evening & Weekend, and MBA for Executives.

All three share the same emphasis on innovative leadership, a world-renowned faculty, and a culture embodied by students who Question the Status Quo and have Confidence Without Attitude.

All three confer a degree that opens doors around the world.

So, how do you choose? If you decide you’d like to continue working while you earn an MBA, you still have a little work to do, comparing our two part-time programs. Or, we could do it for you:

Compare & Contrast: Part-Time MBA Programs at Berkeley-Haas
 

Evening & Weekend MBA

 

MBA for Executives

250, with cohorts of around 60 for the first 3 semesters

Class Size

70

Median student age:  31

Student Age

Median student age: 36

A median of 7 years in the workforce

Seasoned Professionals(Just how well seasoned?)

Typically a median of 13 years professional experience

85% of students live and work in the Bay Area; 15% in SoCal and elsewhere along the West Coast.

Friends from Near and Far

29% of students live and work outside of the Bay Area, with some traveling as far as from the East Coast and China.

You choose: Evenings: M/W or T/TH, 6 to 9:30 pm or Weekends: SAT, 9 am to 6 pm.

I'd Fit this in When Exactly? 

Classes are generally in 3-day blocks (TH-SAT), every 3 weeks.

On campus at Berkeley-Haas weekday evenings; alternating between Haas and our Silicon Valley campus on Saturdays.

Name the Place

On campus at Berkeley-Haas, just a short hop from the hotel where you’ll stay with your classmates.

3 years of non-stop mind expansion

Duration

19 months of drinking knowledge from a fire hose

When was the last time you took over an entire pizza joint with several dozen friends? That’s the kind of after-class socializing that creates lifelong bonds.

Living Social

Happy hour by the Claremont Hotel pool; Mission District dinners after block; lively Facebook interaction in between. Get ready to redefine “friend.”

Expand your global horizons and your professional reach. Test your wings in the Seminar in International Business and the International Business Development courses.  Both put you on the ground for 1 to 2 weeks in all corners of the world.

Go Global

Get an MBA and go globe-trotting. The program includes Immersion Weeks in Silicon Valley and Washington, DC, and Shanghai.

Hear from global leaders during our Dean's Speakers Series: New York Times Senior Editor Adam Bryant, Former Citigroup Chair Sandy Weill, and former Procter & Gamble India CEO Gurcharan Das.

 

Get Access

Connect with founders, CEOs, and policymakers. During Silicon Valley Immersion week, students met with 35+ founders and leaders, including Facebook CIO Tim Campos and Adobe CEO Shantanu Narayen. In DC, they met with Fed Chair Janet Yellen and other policy makers.

Introduce your spouse, partner, and kids to your classmates at BBQs, tailgate parties, and picnics.

Bring the Family

Spousa-Palooza brings your family to campus to sit in your chair, tour Berkeley, and get to know your classmates.

Learn to analyze and leverage your existing connections, while fostering relationships that go far beyond being “linked.”

Get Networked

Your close-knit group of classmates blossoms into a network that reaches far beyond any one person’s, well, reach.

Dedicated career adviser

Complimentary shuttle service—with WiFi, of course—for students traveling from the South Bay and the Peninsula on weekday evenings

Courses videotaped for online viewing—just in case you need to miss a class

School Supplies

Hassle-free hotel reservations (we do it for you)

Dedicated career advising, with seminars and appointments at your hotel

 

THE VERDICT: Only you can decide which program is the best fit for you, but our Admissions Office would be happy to help guide you. 

We invite you to learn more about our Evening & Weekend Berkeley MBAand our Berkeley MBA for Executives Programs.

 

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EMBA Alum Opens Apple Mobile Wallet for JPMorgan Chase [#permalink] New post 30 Sep 2014, 12:01
FROM The Berkeley EMBA Blog: EMBA Alum Opens Apple Mobile Wallet for JPMorgan Chase
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Asked what he finds most rewarding about his career, Avin Arumugam sums it up in one word: scale. He’s talking about the complexity of his work and the scale of his impact—and he’s not kidding.

As Executive Director at Chase Digital for JPMorgan Chase, Arumugam, MBA 12, is leading Chase’s implementation of Apple Pay, a feature of the new iPhone 6 and iPhone 6 Plus. The massive rollout to all Chase Credit and Debit customers and Chase Merchants has taken the work of hundreds of Chase employees across 11 divisions.

"I needed grounding in finance."

An engineer by training, Arumugam was managing mobile payment products for PayPal when he applied to the Berkeley-Columbia Executive MBA Program (Berkeley-Haas now offers its own EMBA program). “I always had lots of ideas, and I knew they were sound, but I didn’t have the frameworks and terminology to articulate them persuasively,” Arumugam says. “I realized I needed grounding in finance and to build my presentation skills.”

He calls his business school experience both the hardest thing he’s ever done and the most fun. “I wouldn’t wish it on my worst enemy,” he quips, “and I’d do it again in a heartbeat.”

That’s because he’s used that experience every day in his work. His first step in the Apple Pay Image
implementation was to simplify and build his team. “In business school, I learned that things get really complicated with too many cooks, so I asked each division CEO to provide me with just one leader, one point of contact for each Chase division. I knew that together, this great team could solve any problems that would come up.”  

"I still use Peter Goodson's templates."

He then used analysis skills gained from his operations course with Sara Beckman to map everything this team would need to do related to credit cards, debit cards, marketing, legal, merchant acquisition, and more and developed processes and systems to streamline it all. 

 Arumugam has also used the business model canvas from Steve Blank’s Lean Launchpad course, and he credits Lecturer Peter Goodson’s Mergers & Acquisitions course with his success in clearly and persuasively laying out his plans for the Apple Pay initiative. “I still use a lot of Peter’s templates,” he says. “They crisply illustrate what you plan to do and how it will work.”

He also drew upon lessons in game theory From Professor Andy Rose’s Economics class to run two days of video-conferenced “war games” with several dozen participants from across Chase. “We spun out every ‘If they do this, then we do that,’ scenario we could come up with to be sure we understood how the industry could move,” he says. “Early in the project, I knew I wasn’t smart enough to solve all the problems myself, and the team told me that this is indeed what really got us over the hump.”

"My EMBA experience primed me to lead this effort."

Arumugam says his business school colleagues also played a role in preparing him for this opportunity. “I knew I could get this thing done,” he says of the massive undertaking. “I already knew the questions people would ask, because I got pushed in just that way by my most of classmates. I remember thinking at the time: if I can handle these top minds, I can handle anything.”

He also enjoyed how hard his Haas professors pushed students. “It wasn’t easy, but I loved it, and they were always there to bounce ideas off of,” he says. “I often wished that I could have talked to them about Apple Pay, but I since couldn’t, I just had to use what they taught me.”

Arumugam did reach out as soon as Chase’s partnership with Apple Pay was announced. He sent emails to Beckman, Blank, Goodson, and Rose, thanking each for preparing him to lead this project and noting, “I truly believe my EMBA experience primed me to lead this effort.”

What could the Berkeley MBA for Executives Program prime you to do?

 

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No Bull: MBA Students Get Leadership Lessons from Former NYSE Chief [#permalink] New post 02 Oct 2014, 09:01
FROM The Berkeley EMBA Blog: No Bull: MBA Students Get Leadership Lessons from Former NYSE Chief
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What could you learn in an hour spent with an NYSE chief? A packed room full of Berkeley MBA students found out when Duncan Niederauer, former CEO of the New York Stock Exchange came to campus for our Dean's Speaker Series. Niederauer drew on a career that has included 22 years with Goldman Sachs and 7 years at the helm of the NYSE to share lessons on business and leadership success, including these:

 

1. Have a personal board of directors, comprised of close family and friends (rather than co-workers). These people must care about you and be truth-tellers. 

2. Know your weaknesses as well as you know your strengths. People choose paths to the top that fail because they take positions that are not in line with their strengths.

3. Every boss is a role model. That doesn't necessarily mean they are a good one, but you will always learn. Even specific ideas of what not to do are valuable.

4. Have a plan, but don't over-engineer. If you are too rigid, you won't be open to opportunities that might come your way.

5. Encourage debate. The more senior you get, the more you need to let people know that they can say whatever they want to you.

6. Manage down.  The generals can take care of themselves. Take care of the soldiers first, and they will work hard for you. 

7. Be respected first. If you're liked, that's a bonus.

8. Hire correctly, and give people more rope and responsibility than even they think they can handle. If they come up short, part of the responsibility lies on your shoulders.

Want more wisdom and life lessons from top leaders? Check out previous talks by such speakers as Novartis CEO Joe Jimenez, Khan Academy Founder Salman Khan, and Haas Professor emeritus and then-Fed Vice Chair Janet Yellen. 

 

 

 

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Student Voice: An EMBA Immersion in Leadership Communication [#permalink] New post 21 Oct 2014, 11:01
FROM The Berkeley EMBA Blog: Student Voice: An EMBA Immersion in Leadership Communication
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Spencer Brasfield, MBA 15, is the founder of Mindshare Law, a boutique law firm in Gray, Tennessee. He entered the Berkeley MBA for Executives Program in May 2014.

Here, he shares his thoughts on the EMBA program's Leadership Communication immersion (one of five immersive experiences), held in Napa:

What did you expect of the week and how did it match (or not) your expectations? 

Truthfully, I was pretty skeptical and expected a fair amount of "getting in touch with my feelings" jargon that would amount to almost nothing useful in business terms, much less any appreciable personal development. In short, I was completely wrong.

Now, there was a great deal of "getting in touch" but it was all directed toward facilitating genuine leadership and communication—even in public speaking scenarios. It wasn't until I saw this alternative to "biz" speak and stats-based leadership, that I appreciated the strength of being human and approachable.

This very powerfully juxtaposed the "norm" with the potential we all possess to be exceptional, powerful, and memorable. Nothing—and I do mean nothing—can capture the fullness of the experience in Napa and the profound mark it left on all of us.

What was your biggest takeaway?

Be present, and be courageous enough to be vulnerable—even at the risk of rebuke or failure.

What surprised you?

That by addressing the touchy/feely stuff, my hard communication and presentation skills improved dramatically. Unexpectedly, the inter and intra-personal issues really emerged in my "hard" presentation skills, things such as hidden nervousness, guardedness, etc.

What it was like to share this experience with your classmates?

Expressing raw emotion in front one another through the course of our assignments and presentations exposed us to the deeper and more "real" side of one another, giving us  great appreciation, respect, and friendship than could have ever been produced through any amount of purely social activities.

I am certain that this course  alone drew us closer than we would have been otherwise. Of course, developing lasting friendships (aka network) is the entire purpose and most lasting takeaway from B-school. So, it's possible that this one course achieved the entire purpose single-handedly.

Why should anyone who wants to be a leader engage in such a process?

Leadership involves leading people, and people require a sense of trust to give them comfort in following. Building and maintaining that trust over time requires presence, genuineness, and vulnerability (aka honesty), and an above average mastery of the art of communication. This course demands all three and is completely devoid of the shortcuts that would deliver less than long term results.

In the Berkeley MBA for Executives Program, 25 percent of learning is experiential. We invite you to learn more about immersive learning in the program.



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Student Voice: An EMBA Immersion in Leadership Communication   [#permalink] 21 Oct 2014, 11:01
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