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pacific business news | pacificbusinessnews.com Master’s degrees in business & management SPECIAL AD V ERTISING SECTI O N
¯ UNIVERSITY OF HAWAI‘I AT MANOA
Full-Time MBA • Part-Time MBA • Executive MBA Executive MBA-Vietnam • Neighbor Island MBA Joint JD/MBA • Joint MS in Nursing/MBA China International MBA • Japan-focused MBA The only AACSB accredited graduate program in Hawai‘i
New Name. New Look. New Programs. Since 1949, the UH M¯anoa College of Business Administration has educated and grown with our local business community. In 2006, the College was proudly named the Shidler College of Business after our alumnus Jay H. Shidler. We may have a new name, but we still offer the same level of commitment to providing excellence in higher education while serving Hawaii’s community. For more information, please visit our website at www.shidler.hawaii.edu, email mba@hawaii.edu, or call (808) 956-8266.
www.shidler.hawaii.edu
July 27, 2007
July 27, 2007 Master’s degrees in business & management
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University of Hawai‘i at Manoa Shidler College of Business: Creating Global Business Leaders Custom Designed Executive Programs Since 1954, the College has been creating custom-designed executive education programs for many U.S. and international organizations. Custom programs are tailored to suit organizational needs and range from half-day seminars to multi-year integrated courses. Longer programs combine business and crosscultural topics, cultural visitations and intensive language training. UHM’s custom-designed programs address a changing business environment that often requires new approaches.
Introducing the China International MBA A leader among U.S. business schools in its focus on the Asia-Pacific region, the Shidler College of Business at the University of Hawai’i at Manoa (UHM) provides students with an in-depth understanding of the best business practices, an awareness of languages and cultures, and a solid comprehension of emerging technologies within today’s complex global economic environment. Founded in 1949, the College offers students a wide selection of degree, certificate and high-impact executive programs in a unique multicultural learning environment enhanced by collaborative learning, research projects, international speakers, internships, and study abroad, career opportunities. In the past several years, U.S. News & World Report has ranked the College among the top 25 U.S. graduate business schools for international business.
Cutting Edge MBA Curriculum & New Day MBA Track Starting in the fall of 2007, the new UH MBA curriculum will offer a complete range of Full-Time MBA (day), Part-Time MBA (evening), Executive MBA (weekend) programs and other specialized MBA programs. All MBA programs offer the same degree, and are taught by the same faculty with the highest standard of quality. Students can choose one that meets their interests, goals, ex-
perience and schedule. The restructured curriculum will feature a preparatory program which includes tutorials, online course supplements and help sessions, an optional full-time summer internship program and contemporary core courses such as communication/leadership, business ethics, operations and supply chain management, and business, government and international environment.
Executive MBA The UHM Executive MBA program is the best choice for truly high potential, experienced professionals seeking advance knowledge, skills, and networking opportunities to revitalize their careers. Working managers and professionals can earn an MBA degree in just 22 months with classes held every Tuesday evening and alternating Saturdays. This schedule provides flexibility on participants’ work responsibilities and provides more time between classes to prepare and absorb the class material. The integrated, modern curriculum incorporates core business practices while also focusing on information technologies, entrepreneurship, e-business, and Asia-Pacific and global strategies. The UHM Executive MBA program will prepare executives and professionals for a high-profile leadership position in today’s fiercely competitive work environment.
Set to begin Fall 2007, students interested in doing business in or with China have the opportunity to live, work, and study in China during their second year of MBA studies. In partnership with Sun Yat-Sen University School of Business in Guangzhou, China, the Shidler College of Business offers a 21-month program designed to prepare business professionals and entrepreneurs for an exciting career in international business.
The Only AACSB Accredited MBA Program in the State of Hawai’i All degrees offered by the Shidler College of Business are accredited by AACSB International – The Association to Advance Collegiate Schools of Business, the premier national accrediting agency for schools of business and accounting. The AACSB International accreditation is the highest standard of achievement for business schools worldwide, and is a hallmark of excellence in management education.
Internationally Renowned Faculty The Shidler College of Business faculty is a diverse group of internationally accomplished researchers and highly recognized teachers, holding doctoral degrees from Columbia, Carnegie-Mel-
lon, MIT, Stanford, Purdue, Harvard, and other major universities. Our faculty’s international experience and business research in the Asia-Pacific region provide an exceptional learning experience for students.
Best Place to Study International Business The Shidler College of Business is home to approximately 1,800 students – one-third graduate and two-thirds undergraduate students. Our significant foreign and U.S. mainland student population combined with our nationally recognized resource centers and top-ranked international business program make the UHM Shidler College of Business simply the best place to study international business.
DEGREE PROGRAMS Bachelor of Business Administration (BBA) Full-Time MBA (Day) Part-Time MBA (Evening) Joint JD/MBA Joint MS in Nursing MBA Neighbor Island MBA Executive MBA Executive MBA in Vietnam China International MBA Japan-focused MBA Master of Accounting Master of Human Resource Management PhD in International Management
CERTIFICATE PROGRAMS Custom Executive Education Programs Executive Accounting Program PAMI Certificate in International Entrepreneurship PAMI Certificate in International Management UH CFP Certificate Professional Program For more information on our graduate and executive programs, please call 956-8266, email busgrad@hawaii.edu or visit www.shidler.hawaii.edu.
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July 27, 2007
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MBA programs expand horizons, boost careers By Jon Letman
I
t is no secret that a graduate degree’s value can be reflected in the bearer’s higher income or the likelihood that she or he is better positioned for advancement opportunities. Yet experts in Hawaii’s graduate programs agree there is much more value to a master’s degree than increased earnings and upward mobility. Michael Fassiotto, assistant to the provost for graduate studies at Chaminade University sees four primary reasons for pursuing a master’s degree: marketability, earning potential, widening one’s perspective and personal fulfillment. Research by the Graduate Management Admission Council, indicates that well over half of part-time (57 percent), full-time (69 percent) and executive (66 percent) MBA alumni reported being extremely or very satisfied with their increased earning power. According to GMAC, satisfaction with greater career options afforded by an advanced degree is high, ranging from 75 percent, 80 percent and 87 percent for part-time, full-time and executive MBA alumni respectively. GMAC reports that not only students, but organizations that support them also benefit from advanced degrees with companies gaining return on their initial MBA
“A graduate degree enhances career mobility as it trains individuals to become future CEOs and CFOs who are able to manage many different facets of business.” Cindy Hsu Director of Marketing Graduate Program, Shidler College of Business sponsorship investment in 17 months on average. “With a four-year degree now considered a standard norm, a master’s degree makes you more competitive,” says Lisa Parker, interim graduate program chairwoman at Argosy University. “A graduate level degree has both economic and social value and that’s something no one can take away from you,” Parker says. Along with a higher skill set and greater self-esteem, a master’s degree can help position students and professionals for future work as a consultant or faculty member, Parker notes, quipping, “The worst thing that can happen is that you get an education.” Chaminade’s Fassiotto observes that many pursue a master’s degree to improve their lives or change careers, but
confesses another consideration is simply because it’s fun. “You say to yourself, ‘Gosh, I’m really doing something,’” Fassiotto says. For older students (the average age of a graduate student at Chaminade is 32), taking on a master’s program is seen as the gateway to career advancement, but Fassiotto says one should not lose sight of how a master’s degree allows a person to think and look at things differently. “The value of a master’s degree can be judged, in part, by how much it allows one to become a better thinker,” Fassiotto says, adding, “an MBA, or any master’s program, is going to broaden your scope and teach you to deal with problems in a multi-dimensional way.” Increased technical knowledge, a better grasp of one’s field and an expanded perspective all make a master’s so much
more than just a degree, Fassiotto says. It is this exposure to new concepts and the chance to break out of traditional functional boundaries that accompany a master’s degree that Charles Steilen, dean of Hawaii Pacific University’s College of Business Administration, sees as an asset. “In our executive MBA program, a student may be seated next to 20 other people from very different industries, but they are all going through the program together,” Steilen says. That exposure to people and ideas rooted in seemingly completely unrelated backgrounds often reveals that they do, in fact, have a great deal in common. Steilen adds that integration and execution are critical to successful MBA programs and that greater emphasis is being put on application through, among other things, live case studies that he believes will benefit both the business community and the graduate students. At the University of Hawaii at Manoa’s Shidler College of Business, the focus is on international business, earning the school ranking among the nation’s top 25 colleges for international business, according to Shidler College of Business graduate program Director of Marketing Cindy Hsu. Continued on Page 9
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July 27, 2007
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Hawai‘i Pacific University: MBA Options For Your Individual Needs the typical case studies other MBA programs may utilize. The program trains professionals to look beyond the problem – to see the big picture. Topics dealing with how to bring about organizational change and new ways of looking at business problems form the core of the program. Courses are structured to create a learning environment that offers students a chance to identify realistic opportunities for local companies, create realistic plans for maximizing the opportunities, and receive feedback not just from professors, but company CEOs. The MBA program at HPU, Hawai‘i’s only Executive MBA offered in an 18-month accelerated weekend format, encourages students to apply real-world solutions to realworld problems.
Flex MBA Hawai‘i Pacific University offers another option for aspiring nontraditional MBA students who have busy personal and professional lives. HPU’s Flex MBA provides a tailor-made format for students who need flexibility in pursuing an MBA degree. The Flex MBA allows students to switch between full-time and part-time study, attend evening, day, or weekend classes, or take online courses. Flex MBA students meet with a personal advisor to plan their schedule and arrange a convenient payment plan. Students also have a choice of seven start dates throughout the year. Hawai‘i Pacific University’s Master of Business Administration (MBA) offers the ideal balance of leading business and management theory, modern computer technology, and opportunities for practical application. Through core courses, concentration options, electives, two capstone courses, and an optional internship, graduate students gain a solid foundation in modern business and management principles. Whether you are a seasoned professional or a recent graduate, HPU offers a variety of different MBA formats that meet your individual needs.
Executive MBA
12-Month MBA
The new Executive MBA program at Hawai‘i Pacific University is designed for business professionals interested in acquiring the knowledge, skills, and attitudes that will move their organization forward. In addition to building upon skills such as problem solving, leadership and strategic thinking, this innovative program teaches participants how to directly impact their company’s bottom line. Students are taught how to increase revenue, better manage costs, and increase productivity by working on real business scenarios, rather than
The 12-month MBA is designed for full-time students who have completed an undergraduate business degree or have satisfied the necessary business prerequisites at an accredited college or university. The program consists of 42 semester hours of full-time study with a fall entry only. The student’s graduate education is divided into four terms (fall, winter, spring, and summer) and offers a distinctive combination of theory and practice. Students are provided with multiple opportunities for study across a variety of fundamental
areas. Concentrations are not available in this 12-month MBA program, instead, 9 semester hours of electives are required that will enable students to tailor the curriculum to address specific long-term career goals.
Full-Time MBA HPU’s full-time MBA program is an excellent opportunity for students to immerse themselves in a dynamic learning environment for two exciting years. The 24-month format is ideal for students without a business degree, because it allows time for students to complete all the necessary prerequisites and then make a seamless transition into the MBA program. Students possessing all the required prerequisites can actually shorten the program to just 18 months.
Areas of Concentration Because each MBA participant possesses varying career interests and goals, HPU students in the Flex MBA and full-time MBA programs can decide which elective courses they wish to pursue from twelve different areas of concentration. The concentrations are: • Accounting/CPA • Communication • E-Business • Economics • Finance • Human Resource Management • Information Systems • International Business • Management • Marketing • Organizational Change • Travel Industry Management For more information on how to apply for HPU’s MBA or other graduate programs, please contact the Center for Graduate and Adult Services at (808) 544-1135 or e-mail graduate@hpu.edu. You can also check out the Web site at www.hpu.edu/mba.
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pacific business news | pacificbusinessnews.com Master’s degrees in business & management
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THE LIST
MASTER’S OF BUSINESS ADMINISTRATION PROGRAMS Ranked by 2006 enrollment Rank School name (Prior Address rank) Web site
1 (1)
2 (2)
3 (3)
4 (4)
5 (6)
6 (5)
7 (7)
8 (8)
Enrollment Year MBA program established in Hawaii
Phone Fax
(808) 956-8266
Hawaii Pacific University 1164 Bishop St., Suite 911, Honolulu, HI 96813 www.hpu.edu/mba 1986
(808) 544-1120
University of Phoenix, Hawaii Campus 827 Fort Street Mall, Honolulu, HI 96813 www.phoenix.edu
(808) 536-2686
Wayland Baptist University 99-808 Kauhale St., Suite D14, Aiea, HI 96701 www.wbu.edu/hi
JAIMS (Japan-America Institute of Management Science) 6660 Hawaii Kai Drive, Honolulu, HI 96825 www.jaims.org
Avg. student age
Tuition
553
University of Hawaii, Shidler College of Business 2404 Maile Way, Honolulu, HI 96822 www.shidler.hawaii.edu 1949
Chaminade University of Honolulu 3140 Waialae Ave., Honolulu, HI 96816 www.chaminade.edu
Programs offered
Avg. completion time
(808) 956-9890
(808) 544-0280
24 months
$454/credit hour (resident)
AACSB International, WASC
543
Day, evening, weekend, executive and military programs
21 months
$560/credit hour
29 months
1974
(808) 488-8570 (808) 488-8576
18 months 34
WASC
35
Full-time, part-time, evening and online programs
18 months
$180/credit hour
(808) 396-7112 1990
Argosy University/Hawaii (808) 536-5555 1001 Bishop St., ASB Suite 400, Honolulu, HI 96813 (808) 536-5505 www.argosyu.edu 2004
National University 629 Pohukaina St., Suite 202, Honolulu, HI 96813 www.nu.edu 2004
(800) 628-8648 NA
21 months
Cielo Gonzalez Graduate Programs Coordinator Commission on Colleges of the Southern Association of Colleges and Schools
Full-time Japan-focused program (in partnership with UH-Shidler College of Business)
22 (808) 395-2314
Scott Schroeder Dean
$490/credit hour
36
2003
Gene Shofner Senior Director/Director of Academic Affairs Higher Learning Commission of the North Central Association of Colleges and Schools
Evening, on-campus, off-campus, online and military programs
101 (808) 735-4734
Charles Steilen Dean, College of Business
Online and classroom instruction
$480 - $612/ credit hour
38
(808) 739-4612
$31,000/program
Blair Odo Chief Operating Officer
28
AACSB International; WASC (through UH-Shidler College of Business)
10
Evening, weekend, online, blended (online/on-site) courses; concentrations in finance, health-care administration, international business, management, marketing
15 months
$582/credit hour
31
Higher Learning Commission of the North Central Association of Colleges and Schools
4
Over 10 MBA specializations available online
14 months 35
David Yang Interim Associate Dean for Programs
WASC
138 (808) 536-3848
Part-time evening, full-time day 1, executive, Vietnam, Neighbor Island, Japan- and China-focused, Joint JD/MBA, Joint MS in nursing administration/MBA
28
29
1993
MBA director Title
Accreditation
$286/credit hour IACEB, WASC
Notes: AACSB: Association to Advance Collegiate Schools of Business; IACEB: International Assembly for Collegiate Business Education; WASC: Western Association of Schools and Colleges. 1Program available fall 2007. All schools are private except for the University of Hawaii. Information on this list was supplied by schools through surveys and telephone interviews.
Lisa Parker Interim Graduate Program Chair
Wali Mondal Dean, School of Business
Researched by Cynthia Gibson cgibson@bizjournals.com | 955-8037
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MBA programs expand horizons, boost careers From Page 4 “A graduate degree enhances career mobility as it trains individuals to become future CEOs and CFOs who are able to manage many different facets of business,� Hsu said. With the ever-accelerating rate of change in an increasingly high-tech global economy, Hsu argues more companies want employees to be crossfunctional and have an MBA. Hsu agrees that a master’s program is so much more than what is learned in the classroom. She points to the opportunity to network on par with other highly motivated people, citing examples of students who start up a new business with classmates they met at grad school. As the only school in Hawaii accredited by the Association to Advance Collegiate Schools of Business, Shidler College of Business offers Japan- and China-focused MBA programs as well as a Vietnam-focused executive MBA program. In response to increased demand for graduate degrees in the Asian-Pacific
Rim, Shidler will begin to offer new programs this fall (a full-time China international MBA and a U.S. international MBA for Chinese nationals).
“Here at UH and Shidler, we see ourselves as a bridge and crossroads between Asia and the West,� Hsu said. With enrollment in its MBA programs
up 16 percent from the previous year and further anticipated growth, Hsu sees greater interest in Shidler’s varied MBA programs as proof of the thirst for advanced education and recognition of a master degree’s value. And just as professional growth and greater opportunities cannot be ignored, neither can the value of self-enrichment and the curiosity about the world that is fueled by graduate studies, says Steven Reid, dean at Wayland Baptist University Hawaii. “The real aim and value of a master’s degree is gaining new options and learning what people from different backgrounds think,� Reid says. Reid also indicates high value in the small class size of graduate programs (Wayland classes average 1215 students) that allow for more direct interaction between instructors and students. “Possessing a master’s degree in any field shows a certain maturity and sophistication along with the desire to improve oneself,� Reid says, “and that is what opens doors.�
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pacific business news | pacificbusinessnews.com Master’s degrees in business & management
July 27, 2007
SPECIAL AD V ERTISING SECTI O N
Schools:
Vital Information Types of MBA programs offered:
Business-related masters programs:
Online MBA available?
Courses needed before you can start the MBA program:
Average class sizes:
Average post-graduate starting salary:
Chaminade University
Chaminade offers an evening MBA program with specializations available in accounting, finance, human resource management, leadership, public sector management, and not-for-profit management. Students may also tailor a specialization to meet their specific professional development needs. Students may be able to complete the MBA program in 18 months.
Only the MBA is offered.
Selected courses are available online.
The MBA program admits students with a wide variety of undergraduate majors and professional backgrounds. Students without prior coursework in financial accounting and quantitative methods are required to take foundation courses in those areas at the beginning of their MBA programs.
15 Students
Most students in the MBA program are fully-employed professionals who don’t typically seek new employment at the completion of their degrees.
Hawaii Pacific University
MBA – 18-24 months Flex MBA – Average 36 months 12-month MBA – one year Executive MBA – 18 months Joint Degrees: MBA/Master of Science in Information Systems (MSIS); MBA/Master of Arts in Human Resource Management (MAHRM); MBA/Master of Arts in Organizational Change (MAOC); MBA/Master of Arts in Global Leadership (MAGL); MBA/Master of Science in Nursing (MSN); MBA/Master of Arts in Communication (COM).
- Master of Science in Information Systems (MSIS) - Master of Arts in Human Resource Management (MA/HRM) - Master of Arts in Organizational Change (MA/OC) - Master of Arts in Global Leadership (MA/GL) - Master of Arts in Global Leadership and Sustainable Development (MA/GLSD)
HPU offers the Master of Arts in Organizational Change completely online; The MBA program can be completed with a combination of online and in-class courses.
Accounting 1, Accounting II, Finance, Intro to business, Intro to computer information systems, Information management, Macro or micro economics, Managerial economics, Marketing management, Pre-calculus, Statistics
20 students
$78,000
UHM Shidler College of Business
Full-Time MBA : 16 – 21 months Part-Time MBA: 30 – 36 months Joint JD/MBA: 48 months Joint MS in Nursing/MBA: 36 months Neighbor Island MBA: 36 months Executive MBA: 22 months Executive MBA in Vietnam: 24 months China International MBA: 21 months Japan-focused MBA: 21 months US International MBA: 18 months
- Master of Accounting (MAcc) - Master of Human Resource Management (MHRM) - Ph.D. in International Management
The UH Manoa Shidler College of Business offers a distance Neighbor Island MBA. Some elective courses for the MBA may be completed online.
The pre-term program ensures that first-year students share a common knowledge base via tutorials in basic skills (statistics, accounting, finance, economics, math, etc.).
15 - 25 students
Information not currently available
Wayland Baptist University
Wayland’s MBA program is a 37 hour, non-thesis program designed to be completed in as little as 18 months. Students can take classes either FT or PT. Classes are offered in the evening and online through our Virtual Campus. Specialization options include General MBA, Health Care Administration, Human Resource Management, & Management.
-Masters of Arts in Management (MAM) Specializations in Health Care Administration Human Resource Management Organizational Management Psychology -Master of Public Administration (MPA) -Master of Education (MEd) Specialization in Human Resource
The MBA program can be completed through a combination of online and in-class courses. The MAM and MPA programs are available 100% online.
Courses Needed Before you can Start the MBA Program: The MBA program requires 8 undergraduate leveling courses. If a student has not taken them prior to entry, they will not be denied admission, but the courses must be completed in the beginning of the MBA program.
10 - 15 students
Difficult to calculate as many of our students are currently with the military or already in their professional careers.
Though prerequisites are required prior to taking core MBA classes, they can be completed once enrolled, and will not prevent candidates from gaining entry into the program.
July 27, 2007 Master’s degrees in business & management
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Chaminade’s MBA Programs Offer Tools for Career Advancement
The business world is constantly evolving, and successful management involves keeping abreast of trends and demands. Chaminade University is preparing graduates to meet these demands. “So many of our students are also business professionals,” notes Scott Schroeder, Dean of the School of Business. “We keep that in mind as we shape our MBA programs. Courses are designed to address the corporate realities executives face today and prepare them for leadership roles. And our programs are structured to accommodate our students’ busy lives.” Four different concentrations of study—Leadership, Accounting, Notfor-Profit management, and Public Sector management—give students a way to tailor their education to meet their career objectives. Admission dates and class schedules provide convenience and flexibility. And courses are leadingedge, some of them completely unique to Hawai‘i.
Tune to Career Growth One of the more distinctive program offerings is Chaminade’s Accounting MBA. “Accounting today offers an expanding job market and rising salaries—a smart career choice,” says Schroeder. Students can simultaneously earn their degree and fulfill the academic requirements for the CPA examination. The Chaminade MBA is the only program in Hawai‘i to offer a complimentary CPA review course for its students. Also unique to Hawai‘i are the Notfor-Profit and Public Sector MBA concentrations. These programs are opening doors—and minds—to new
business concepts. Moya Gray, Executive Director of Volunteer Legal Services Hawai‘i, says, “Having been a director in both the public and the Dr. Scott Schroeder non-profit sectors, Dean I really value the School of Business skills that Not-forProfit and Public Sector MBAs bring to the table. Because the non-profit sector in Hawai‘i is experiencing rapid growth, organizations such as ours want to hire people with the full Chuck Kelley component of nonChaminade MBA, profit skills and a Class of 2002 strong sense of social responsibility that will take our company to the next level of performance.”
Convenience and Success Through evening course offerings, convenient quarterly enrollment, and small class sizes, led by professors with real-world connections and experience, Chaminade is making it easier than ever for professionals to pursue their MBA without putting their careers or their lives on hold. Chaminade graduates hold management or executive positions in virtually every industry in Hawai‘i. Ask Chuck Kelley, President of Outrigger International Travel. “The program’s flexibility made it possible for me to work toward my MBA while maintaining a demanding career and raising my kids,” says Kelley. “Chaminade delivers the right combination of business knowledge and management skills needed to move your career ahead.”
For more information on Chaminade's MBA programs, go to www.chaminade.edu or call 739-4612
MBA PROGRAMS Good Business for Hawai‘i...and You. MBA The smart choice for Hawaii’s professionals. Gain the knowledge and leadership skills to advance your career in today’s business world.
Accounting MBA Get a head start on your accounting career, with Chaminade’s innovative classes and complimentary CPA review course.
Not-for-Profit MBA Move forward by giving back. Learn from some of Hawaii’s top not-for-profit leaders about how business and community intersect.
Public Sector MBA Where business and government meet. Explore a career that offers growth, job security, and a real opportunity to make a difference.
(808) 739-4612 • mba@chaminade.edu www.chaminade.edu/admissions/grad
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