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08 Dec 2013, 04:00
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| FROM Krannert(Purdue) Admissions Blog: Krannert innovators impact global manufacturing |
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Our focus at the Krannert School of Management is to integrate science, technology and engineering with a global business education. Combining these disciplines sparks innovative solutions to the world’s most difficult business problems. In no area has this collaboration had a bigger impact than in manufacturing. Krannert and manufacturing have a notable history and even more promising future together. The history goes back to 1962 when Industrial Management was the only undergraduate major offered by the new Krannert School at Purdue. The future includes innovations in global manufacturing practices from alumni, students and faculty. We are proud to count Dick Dauch and Lijun Du among our alumni leaders and innovators in manufacturing. Mr. Dauch played a key role in Chrysler Corporation’s revival in the early ’80s, and currently serves as executive chairman of American Axle & Manufacturing. He was inducted into the Manufacturing Hall of Fame in 2012. With decades of real-world experience to draw on, Mr. Dauch recently provided feedback to Krannert graduate students making end-of-semester presentations in Tom Brush’s “Challenges in U.S. Manufacturing” class. Students examined the reasons some automobile plants have closed and the reasons others are opening or expanding production in the southern U.S. or Mexico. The exercise focused on labor rates, labor flexibility, tax incentives, government location and training incentives in addition to production and supply chain factors. “It was just incredible to have Mr. Dauch participate and share his insights over 40 years, back to when he worked with Lee Iacocca, and also drawing on his experiences today at American Axle,” Professor Brush says. “The students were just blown away by the interaction.” Another Krannert alumni and the president of Nanshan America Co., Lijun Du knows that manufacturing and an educated workforce go hand-in-hand. It’s one of the factors that convinced Nanshan executives to build a plant in Lafayette, Indiana, close to the Purdue campus. Krannert alumni, faculty and students have been leaders in solving challenges and providing new directions for the manufacturing sector. We are proud to be the home of theDauch Center for the Management of Manufacturing Enterprises and Global Supply Chain Management Initiative, where talented faculty and students are finding innovative solutions to global supply chain problems. Advances in technology and logistics allow even the smallest operations in the most remote parts of the world to sell and ship goods. The firms that have the most strategically managed and effective global supply chains will be in the best position to enjoy sustained success. At Krannert, we will continue to innovate and improve manufacturing through more efficient and effective operations management practices. We salute our alumni, faculty and students who work on these challenges daily through research initiatives and in real-world circumstances. Warm Regards,  Chris Earley Dean, Krannert School of Management |
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08 Dec 2013, 04:00
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| FROM Krannert(Purdue) Admissions Blog: New majors, core curriculum, special programs make Krannert degree a great investment |
It’s an exciting time to be an incoming freshman at the Krannert School of Management. The class of 2017 will be our next generation of global business leaders, just like the Krannert alumni before them:
This fall we are implementing a number of changes to make a Krannert education an even better investment. Students may choose from three additional business majors being offered for the first time. They will study a new University-wide core curriculum, resulting in maximum program flexibility while improving the odds of earning a diploma in four years. And, if you’d like to pursue a master’s degree someday, why not take advantage of our 3+2 program, allowing you to earn a bachelor’s and MBA in just five years. You may also want to consider one of our new master’s degrees in Global Entrepreneurship or Global Supply Chain Management. Undergraduate programs First, let me tell you a little about our undergraduate programs of study. In addition to Accounting, Economics, Management, and BSIM (our program that combines management with science, engineering and technology), we now offer majors in Finance, Marketing and Supply Chain, Information & Analytics. There is a growing need for graduates in these areas and we are poised to leverage our curriculum and leadership programs to produce graduates with analytical insight and global impact. Krannert students can also earn concentrations in many topical areas such as international business or analytics. You can select majors and concentrations that apply specifically to the career you have envisioned. Core Curriculum The University-wide core curriculum simply means that undergraduate students in Krannert will follow a core program similar to students in technology, engineering, science, or any other college at Purdue. This ensures a solid educational foundation. It will also make transferring to a different college within Purdue easier for students who find their first choice of major isn’t a good fit. All Krannert bachelor’s degrees can be earned with 120 credit hours of coursework, with options to take additional credits as students discover the many eye-opening and intellectually-stimulating courses we offer. A degree can be earned in 4 years taking an average of 15 credit hours of classes per semester, a reasonable course load for any student meeting our rigorous academic standards. Bachelor’s & master’s in 5 years Want to fast-track your career? How about planning a 3+2 or 4+1 program? With Krannert’s 3+2 program you can complete BOTH your bachelor’s degree and MBA in five years. Our new specialized master’s degrees can combine with your bachelor’s degree for a 4+1 program. You could earn a master’s degree in Global Entrepreneurship (spending four months at Purdue, four months in France and four months in China). Or, consider our 4+1 program in Global Supply Chain Management (spending time at Purdue and possibly India, China or Mexico), or a 4+1 in Accounting or Finance! The options are numerous and one of the key advantages of coming to Purdue and Krannert. How about exploring the intersection of business and technology, engineering and science? With Purdue University’s Discovery Park and our specialty ELI (Experiential Learning Initiative) projects getting you in the field with Lean Launchpad and related entrepreneurial opportunities, you can find out firsthand what discovery and entrepreneurship really means! If you are an incoming freshman, congratulations on selecting a challenging and rewarding educational experience at Krannert. If you are a friend or alum, be sure to tell the high school students you know about the valuable educational opportunities awaiting them at Krannert. Warm Regards, Chris Earley Dean, Krannert School of Management |
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08 Dec 2013, 04:00
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| FROM Krannert(Purdue) Admissions Blog: Student entrepreneurs and innovators launch startups at Purdue |
Purdue University is well known for its resources, competitions and programs focused on entrepreneurship. In fact, our strength in entrepreneurship was noted by Business Insider as one of the reasons Krannert was ranked No. 18 among the World’s Best Business Schools. Krannert students are exploring their own entrepreneurial ideas, founding startups and collaborating across campus and across the country on projects. Here are three examples of students who have been working on entrepreneurial projects this summer:
In addition, I have to mention three other outstanding programs for entrepreneurs:
Warm Regards, Chris Earley Dean, Krannert School of Management |
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