Katz Full-Time MBA Programs
Experience. Learn. Lead.
Experience. Learn. Lead. 2
Today’s business climate demands leaders with the education to understand complex issues and the hands-on experience to put strategies into practice.
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At the University of Pittsburgh Joseph M. Katz Graduate School of Business, MBAs get the tools they need to add value to their organizations from day one. Through a solid foundation in business principles and real-time, real-world experiences to put those ideas to work, the Katz MBA becomes an asset to the employer, the market, and the community. Who do you want to be? What can you bring to the table? How will you stand apart? You’ll find the answers—and discover how to transform your future— with the help of our world-class faculty, corporate partners, and substantial alumni network. At Katz, you’ll get to know your professors and classmates on a meaningful, personal level. Here, you’ll build contacts and meet colleagues to last a lifetime. And you’ll be part of a recognized academic tradition that has set a standard for excellence across the many facets of the business world.
“The type of things the Katz students have gone through sets them apart from other candidates for the same position, because they have added tangible experience.” Diane Lewis Director of marketing HM Insurance Group, Consulting Field Project “client”
“Our company’s whole investment approach was shaped by what I learned at Katz. What I learned helps me every day, from operations to marketing to financial planning.” Nick Fischer Class of 2009 Entrepreneur, president, Fischer Capital Partners, Inc.
Best-in-class value. 4
Value. In business, it’s a concept that carries multiple connotations, all of them crucial: Bringing something extra to the table. Providing quality for a fair price. Proving yourself equal to the task, time after time. In order to educate graduates who add value, a business school must practice what it preaches. The Katz full-time MBA program now ranks 25th in the United States and ninth among U.S. public universities in the 2009 Financial Times rankings, released January 26, 2009. The full-time MBA program also was ranked first in the U.S. for the third consecutive year in the “Best Value for the Money” category and eighth in the world in that category.
“Katz faculty conduct impactful and innovative research, ensuring that our students learn the cutting-edge concepts of the business world.” Laurie Kirsch Professor of business administration Senior associate dean
Learning from the top down. When you enroll in the Katz MBA program, you join an elite company of business leaders, starting with the person at the front of the classroom. Our faculty are renowned for their cutting-edge research, their crossdisciplinary partnerships, and their ability to cultivate students who know how to solve problems. They also are committed to their students. It’s a point of pride at Katz that our professors are accessible and approachable. Think of them as your professional mentors from the moment you register for a course and beyond into your established career.
Why the fanfare? It’s simple: With renowned faculty experts and a curriculum designed to bring the classroom straight to the workplace, Katz offers MBAs the best return on investment that a discerning student could want.
“At Katz, hands-on learning is interwoven into the curriculum. For example, I recently had the opportunity to advise a student team in a Consulting Field Project with “client” company Bayer MaterialScience. The team successfully developed real-time, implementable recommendations for Bayer. It was a win-win experience for the students and the client.” Prakash Mirchandani Professor of business administration Multiple-year recipient of Outstanding Teacher of the Year
In 2009, the Financial Times ranked the Katz full-time MBA program 25th in the United States and ninth among U.S. public universities. The full-time MBA program also was ranked first in the U.S. for the third consecutive year in the “Best Value for the Money” category and eighth in the world in that category.
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A map to the future. Where do you see yourself in five years? Are you hoping to launch a new career path, or would you like to advance in your current company? How are you going to get there?
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A Katz MBA graduates with the knowledge, the practical experience, the career guidance, and the network to choose the path best suited to his or her interests. Some students don’t even realize their true calling until they try it in an internship or a Consulting Field Project. That’s part of our mission: To help you find your road, then give you the tools to accelerate forward.
“Experience gets you in touch with people so you have a better view of real life. By students getting out and working, they become more practical in their views. The point is to fire them up so that when they face a problem, they feel equal to it. Life doesn’t always present itself so neatly, and they must learn how to adapt and cope.” Thomas Saaty Distinguished University Professor Professor of business administration
From the classroom to your career. The MBA Career Services Center works to create linkages among our students, alumni, and hiring organizations. Starting from your first weeks in the program, you’ll get actionable feedback through mock interviews with peers, staff, and external recruiters from our corporate partners. We’ll review your résumé and pair you with advisors who have specific expertise in the professional sector that aligns with your career interests. Our alumni play a key role in attracting new organizations to our network of partners; they host MBA students on treks to cities across the United States. We also leverage our faculty’s excellent reputation at companies where they have worked or consulted.
“Now that I’m doing my internship, I feel like I learned so much in those first eight months that I can apply on the job.
“It’s a great opportunity to be around such an established faculty. Some of the professors have résumés that are really extensive, and being around that environment has been eye-opening and rewarding all at the same time.” Patrick McIlwain Class of 2010 Former senior IT analyst, Freddie Mac Intern, Del Monte Corporation Member of winning spring 2009 McKinsey Cup team
“I love the traveling and the problem solving and the fact that I’m doing this every day.” Sharmila Shellikeri Class of 2010 Business technology summer associate, Deloitte President, Consulting Club
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A curriculum centered on choice. 8
“Because it was a one-year program, and it was so intense, you really had to learn how to manage your time and stay on top of things. That was good preparation for the business world.” Wes Coleman (MBA ’72) Executive vice president and chief human resources officer (retired), The Walt Disney Company
Degree Programs
Curricular Tracks by Area of Concentration
One-year MBA Program (11 months)
Dual-degree Programs
Katz’s world-renowned one-year MBA program is for self-directed people seeking to refine their management skills and return to the work world quickly.
A variety of dual-degree options add focused learning to your business education in such disciplines as information systems, biotechnology, engineering, law, and international business. Options include the following:
Two-year MBA Program (20 months) The traditional two-year MBA program includes the opportunity to gain professional experience through a summer internship and design your curriculum from a host of electives.
• MBA/Master of Science in Management of Information Systems (20 months)
Finance
Management of Information Systems
Marketing
Operations
Organizational Behavior and Human Resources Management
Strategy
Investment Management
IS Management
Category Management
Supply Chain/ Logistics Management
Human Resources Management
Management Consultant
Banking and Financial Institutions
Business Analyst
Brand Management
Project Management
General Management
Business Development Analyst
Corporate Finance
IT Consultant
Operations Consultant
Human Resources/ Management Consulting
Entrepreneurship
Product-Technical Marketing
• MBA/Juris Doctor (43 months) • MBA/Master of Science in Engineering (20 months) • MBA/Master of Public and International Affairs or Master of International Development (20 months) • MBA/Master of International Business (20 months)
“One of my most challenging courses—but also my favorite—was Intro to Private Equity. The professor was an actual private equity partner, so he was able to give us a taste of the business by providing the materials that he and his team [used]. After taking the class, it’s something I’m definitely going to pursue going forward.” Ross Thompson, Class of 2010 Intern, compliance department, Federated Investors, Inc.
Marketing Research
To learn more about Katz areas of concentration, visit www.business.pitt.edu/katz/mba/concentrations.html.
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“All of the professors are open and willing to help. “I don’t think I could have had the same experience if I had been at a different school. The faculty and the knowledge at Katz have really helped me.” Kara Marciano, Class of 2010 Human resources metrics intern, Highmark Inc.
Full-time MBA Class of 2009 Undergraduate Majors
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Class Profile
Business
43%
Total Class Size:
114
Engineering
16%
Female:
34%
Computer Science
11%
Male:
66%
Social Sciences
10%
Average Years of PostUndergraduate Full-time Work Experience:
Economics
9%
Humanities
5%
Natural Sciences
4%
Other
2%
3 years, 5 months
Average Undergraduate GPA:
3.3
Average Age:
28
Average GMAT Score:
619
Percentage of Graduates from Underrepresented Groups:
6%*
*African American, Hispanic American, Native American
Countries of Citizenship Represented Chile Japan Switzerland China Kuwait Taiwan Germany Pakistan Thailand India South Korea United States
Seeing the world, differently. Our strategic initiatives for a 21st-century business education were developed with an eye toward preparing MBA students to compete and succeed in the global marketplace. We offer programs ranging from cultural events on campus for students, faculty, and staff to experience-based learning opportunities in classrooms, companies, and countries around the world. These globally oriented opportunities include the following: Global Research Practicum This three-credit MBA elective enables students to study abroad during their spring break and gain hands-on experience in an international culture. Students develop a research question in their area of managerial specialization and work individually or in teams to draw evidence from the field to support their project report during visits to various businesses in the region. The trip culminates with project presentations.
Exchange Programs European Business School, Oestrich-Winkel, Germany University of Augsburg, Augsburg, Germany Technical University of Federico Santa Maria, Chile Euromed Management, Marseille, France
Summer Programs with the Swanson School of Engineering Universidad de Montevideo, Montevideo, Uruguay R.V. College of Engineering, Bangalore, India
Interstate Programme The Interstate Programme is for MBA students at top business schools in the United States and Europe who seek an understanding of current developments in the European Union and their implications for transatlantic political and business relations.
250,000 Plus One The University of Pittsburgh is a worldrenowned institution with alumni living and working around the globe. With more than 250,000 Pitt alumni and more than 23,000 Katz and College of Business Administration alumni worldwide, having a Katz MBA means MBA students already have friends in the right places. Katz student networks start within Mervis Hall but grow exponentially within the Katz alumni community.
Weekend Courses Explore business topics in Brazil, Japan, China, or India through these collaborative courses with Carnegie Mellon University. For more information about global opportunities at Katz, contact Patricia Hermenault Director of special international programs and dual-degree programs hermenault@katz.pitt.edu 412-383-8835
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Stronger through our differences. 12
The success of Katz MBA students and alumni increasingly depends on their understanding of and ability to navigate global markets. Global thinking requires exposure to multiple contexts and diverse ideas. A truly global business school must embrace diversity. The school actively seeks to enroll men and women who represent different nations, ethnicities, religions, backgrounds, political affiliations, and levels of experience, including those who have served or currently are serving in the military and those who are interested in connecting business to nontraditional disciplines and areas. We take diversity seriously. It gives every member of the business school an opportunity to develop the skills essential to succeed in tomorrow’s business environment.
Best for hands-on experience, hands down. “Different cultures have different ways of doing things. By being able to interact in diverse teams, I feel better prepared for the workplace.” Ashley Washington Class of 2010 Global marketing intern, Crane President, Katz chapter of the National Association of Women MBAs
In this age of instant communication, a global economy, and a fiercely competitive job market, there’s little room for ramp-up. Now, more than ever, it’s important to hit the ground running while you’re still in school. From your first term through graduation, the Katz curriculum is designed to provide ample experience so you can see how what you’re learning in the classroom applies to real-world business problems. Our Consulting Field Projects pair students in teams that mimic the workplace to solve issues presented by our partner organizations. These include major corporations, nonprofit organizations, small boutique firms—almost any setting you can imagine. Case competitions offer another level of experience, pitting our students against MBA candidates from around the world and allowing them to compete as well as to compare methodologies. Internships are another major piece of the puzzle. More than a way of applying knowledge, internships serve as a conduit for a full-time position or lead to networking opportunities that place the Katz MBA front and center during the job interview.
“Practical knowledge is important for us, because we’re hiring a graduate student for an opportunity where they must hit the ground running. There’s so much that a person has to understand about the work environment: How to assimilate yourself, how to manage your career.” Davie Huddleston Vice president, human resources, PNC Financial Services Group, Inc.
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Bringing the Katz experience to life.
“Katz graduates all seem to come in with a quality of business maturity, and I think that has to do with the practical, experiencebased learning that they get.” Gary Bernstein, vice president of finance transformation and talent development, IBM
“The value here reflects what happens in the world after the student receives his or her MBA. Companies expect MBAs to come in, roll up their sleeves, and go to work.”
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G.M. “Bud” Smith Jr. Visiting clinical professor Coordinator, Consulting Field Projects
Consulting Field Projects Consulting Field Projects provide students with meaningful experience-based learning opportunities. Each term, these courses allow teams of students to work on projects of critical importance to “client” organizations representing a broad range of industries as well as government and nonprofit organizations. Katz students have conducted Consulting Field Projects with many prominent organizations including the following: Allegheny County
GlaxoSmithKline
American Eagle Outfitters
HM Insurance Group
The Bank of New York Mellon Corporation
NOVA Chemicals
Bayer Corporation
UPMC
FedEx GENCO
Philips Respironics Westinghouse Electric Company
The final requirement of the Consulting Field Projects is for each team to participate in the McKinsey Cup Competition. Teams present their project summaries as well as their findings and recommendations to a panel of judges who evaluate each presentation based on its analytical rigor and content.
“The Katz group came so well prepared. They had to understand who we are, what our brand strategy is, and our target audience. That was a lot to grasp, and they really understood that. They spent the time ‘backgrounding’ themselves to be effective; I was very impressed with them.” Diane Lewis Director of marketing HM Insurance Group, Consulting Field Project “client”
Financial Analysis Laboratory Our brand new, state-of-the-art Financial Analysis Laboratory resembles the trading floors maintained by investment banks and financial firms, giving you exposure to real-time financial information flows and top-notch analytic tools. Housing 58 computer stations in a classroom arrangement—as well as technology-enhanced breakout and conference rooms, a lab manager’s office, an operations room, and flexible office space—the laboratory is equipped with tote display boards, a ticker, plasma display screens, and presentation technologies.
Our five education and research centers provide an important component of the Katz commitment to experience-based learning. From these centers comes some of the latest research on entrepreneurship, international business issues, ethics and leadership, economics, and health care. • David Berg Center for Ethics and Leadership • Institute for Entrepreneurial Excellence • International Business Center • Center for Health and Care Work • Center for Executive Education
In addition, Katz offers internal certificate programs, allowing you to further customize your MBA to suit your career goals. The hands-on experience that certificate programs provide will enhance your skill set in new and valuable ways. Certificate programs include the following: • Six Sigma/Green Belt • Global Supply Chain Management • Technology, Innovation, and Entrepreneurship
“Experience-based learning is beyond just what’s going on in the courses. Centers really are cocurricular partners, and we provide some of the opportunities that make the experience-based learning emphasis come to life.” Audrey Murrell Associate professor of business administration and public and international affairs; director, David Berg Center for Ethics and Leadership
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Pittsburgh: Everyone’s hometown. If you sat down and wrote a description for your ideal 16 hometown, it might look something like this: Stunning views. Professional and cultural opportunities. Affordable cost of living. World-class educational and health care facilities. Recreational and cultural activities at every turn. Championship sports teams. Sophisticated yet accessible.
Without even realizing it, you’d be writing a spot-on description of Pittsburgh. Rated America’s most livable city by both Places Rated Almanac and The Economist, Pittsburgh is home to an inspiring number of corporate headquarters and bold start-ups, not to mention the 2009 Stanley Cup champion Pittsburgh Penguins and Super Bowl champion Pittsburgh Steelers. Recognized as a leader in green business initiatives and regional economic transformation, Pittsburgh also was selected as the host city of the 2009 G-20 Summit. There’s also a celebrated symphony, world-famous museums, and a melting-pot culture reminiscent of the Old World. Top all that with some of the most affordable cost of living indicators in the United States, and you have a city worth checking out. Explore the possibilities at www.coolpgh.pitt.edu.
Corporate responsibility, from the beginning. Businesses operate in a symbiotic relationship with the communities they serve, both globally and locally. The two depend on each other, and the business leader who understands this concept can create a positive impact on multiple levels. Both the formal MBA curriculum and the experiences offered at the Katz School create opportunities to bring the principles of corporate social responsibility to life. Through clubs such as Net Impact or centers like the David Berg Center for Ethics and Leadership, our students are able to learn and demonstrate firsthand what it means to be an effective business leader in partnership with the community.
Clubs Marketing National Association of Women MBAs (NAWMBA) Finance Business Technology
Entrepreneurs’ Society
Consulting
Operations
Net Impact
Toastmasters Snow/Outdoor Sports Summer Crew
Photography ALPFA Katz Chapter Katz Ethics BizWorld
Community Service Projects
Katz students participate in activities such as the Race & Case ethics-inleadership case competition and sponsor fundraisers, food drives, and benefits through the National Association of Women MBAs.
Annual Monte Carlo Night/semiformal charity event
Pittsburgh Parks Conservancy
Passionately Pink for the Cure
Through these opportunities, the Katz MBA learns to recognize that there is more to business than simply increasing shareholder value.
Junior Women’s League Playground Builds
Greater Pittsburgh Community Food Bank
Habitat for Humanity Project Bundle-Up
Global Links
Susan G. Komen Race for the Cure NAWMBA clothing and food drives
“I was able to get involved with important causes at Katz; causes that reflect a strong sense of social responsibility and go a long way toward partnering with the community.” Afua Gyasi Class of 2010 Summer loan operations associate, TriState Capital Bank Katz student ambassador, member of National Association of Women MBAs and Finance Club
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Visit us. Visiting us on campus Whether you wish to participate in our MBA for a Day visitation program, or would like to make an appointment for an individual tour, feel free to contact the MBA admissions staff at 412-648-1700 or mba@katz.pitt.edu.
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• Experience an MBA class or case study firsthand • Interact with current MBA students over lunch • Meet admissions and career services representatives • Tour the business school grounds with a Katz Ambassador
We encourage you to visit Monday through Thursday, as no classes are conducted on Fridays.
Visiting us online Receive up-to-date information on Katz programs and student experiences by visiting us online. • Online Office Hours: join MBA admissions staff online for information sessions, and receive answers to your questions in real time • Student Blogs: learn about the Katz MBA experience directly from students by visiting our student blog section • Online Chats: join us online for special chat sessions with various staff and faculty members throughout the year
Applying to Katz. Please visit www.business.pitt.edu/katz/mba and refer to the online application for detailed instructions and requirements.
Applying to Katz is both easy and personalized. An application manager will work with you individually to guide you through the entire process. We invite you to submit your application materials according to the timetable below. In the meantime, we want to hear from you. Join us on campus for a visit, contact us by phone at 412-648-1700, or e-mail your questions to mba@katz.pitt.edu. We look forward to hearing from you. The admissions timetable for the fall 2010 entering class is as follows:
Submit Application and Materials
Received Notification
October 15, 2009
December 1, 2009
December 1, 2009
February 1, 2010
February 1, 2010 (scholarship deadline)*
April 1, 2010
April 1, 2010**
May 14, 2010
* Deadline for international applicants
“MBA for a Day really sold me on the school. I got a feel for the University as a whole and for the type of students who were there. I had the opportunity to speak with Dean [John] Delaney quite extensively.” Ross Thompson, Class of 2010 Intern, compliance department, Federated Investors, Inc.
** Reserved for U.S. citizens and permanent residents
After April 1, applications from U.S. citizens and permanent residents will be accepted on a space-available basis.
Tuition and Financial Aid You will find the tuition and fee structure to be very affordable at Katz. In addition, the cost of living in Pittsburgh is recognized as one of the most affordable in the United States. As a Katz MBA applicant, you have the choice of several program options to match your personal and professional needs. Because each program can differ in its tuition and fee structure, please refer to our Web site, www. business.pitt.edu/katz/mba-admissions/ estimated-costs.html, for individual program costs.
Scholarships As a full-time incoming Katz student, you may be eligible for significant merit-based scholarships depending on your prior achievements within the business or academic communities. In awarding scholarship aid, emphasis is given to professional acumen, academic achievement, and leadership.
www.business.pitt.edu/katzmba.html
Educational Loans MBA students who are U.S. citizens or permanent residents may qualify for a maximum of $20,500 per academic year under the federal Stafford Loan program. The federal Graduate Plus Loan also is available to cover additional educational expenses not covered by the Stafford. Private Educational Loans also are available through individual banks and lenders. Questions on admission and financial aid should be directed to: MBA Admissions Phone: 412-648-1700 Fax: 412-648-1659 E-mail: mba@katz.pitt.edu
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Joseph M. Katz Graduate School of Business MBA Admissions Office 301 Mervis Hall Roberto Clemente Drive Pittsburgh, PA 15260 www.business.pitt.edu/katzmba.html
The University of Pittsburgh is an affirmative action, equal opportunity institution. Published in cooperation with the Department of University Marketing Communications. UMC69290-0809