RBS Offers Mini MBA Program to Veterans Starting this August
by: Ruqaiyah Shehabuddin
March 22, 2015
The Rutgers Business School faculty is rallying around developing a mini MBA program for veterans that will start in August 2015. The program will be offered in a week long accelerated format, to provide veterans opportunities in fields outside civilian law enforcement, said Margaret O’ Donnell, program manager of the Rutgers Business School Executive Education.
The week long program is equivalent to one class in a full scale MBA program. It is used to give veterans a taste of what an MBA program will look like, and help them to decide whether they want to further pursue their academic options.
The mini MBA programs were developed in 2003, as samplers for a full-scale MBA. As time went on, program managers discovered needs within niche industries and started to develop these programs. The most popular of these programs was digital marketing, garnering international recognition. The digital marketing mini-MBA program funding is one approved by the GI Bill for veterans. Information on that program can be found here.
In April, the faculty participating in this program will meet for the first time. The program start date has been moved from May to August, as more time was needed to develop the program, said O’Donnell. The program is seeking out qualified instructors who have a background in the military and in business.
The program is called Business Management for Military and Veterans and will focus on strategy, economics, finance, marketing and sales, supply chain, law and ethics, human resources and leadership. More information on the curriculum and program can be found Rutgers Business School Website. Applications can be found online and will be accepted on an on-going basis.
Though participants will receive their certificates at the end of the classroom portion of the program, which will start on Monday morning in August and end on that Friday afternoon. Each student will establish individual relationships with mentors to continue after the week-long class is over. Mentors will guide veterans on how to transition best to civilian life and careers. “Our uniquely qualified faculty, possessing both military and business success in their careers, are an enormous strength to this program,” said O’Donnell.
“The mini MBA is a hard-hitting, highly focused and tightly run program. It is simply an honor to be part of the team,” said Professor Farrokh Langdana, who runs the globally ranked Rutgers Executive MBA degree program. He will be one of the professors participating in the program.
Langdana will be teaching veterans about fiscal and monetary policies, like the Federal Reserve’s policies, and how the macroeconomic background, including how the Eurozone, which consists of nineteen European countries that have adopted the Euro as a unified currency, will impact business strategies. “I want my students to ‘take away’ a very current and very hand-on knowledge of how the Fed’s policies, or tax changes, or government spending patterns, or events in China, India, or the Eurozone will affect their lives and their companies. I want them to be armed to design strategy against a backdrop of constantly changing global macroeconomic policies and events,” he said.
Applicants to the master’s program are recommended to have a bachelor’s degree plus several years of professional work experience. However, the admissions process is treated differently, as more emphasis is placed on military training and experience for qualification rather than academic milestones.
The Office of Veteran Affair and Military Programs and Services for Rutgers is led by Steve Abel and Robert Bright. It is located on 14 Lafayette St., New Brunswick and holds office hours from 8:30a.m.-5p.m. Monday through Friday.
“Rutgers Business School is obviously very proud to be a highly ranked Veteran and Military friendly school. In every direction, top down to bottom up, as well as laterally, Rutgers Business School supports military and veteran students,” said O’Donnell.
Professor Langdana speaks out on the promise of their program and why he supports it in every way. “Veterans have formidable leadership skills. Veterans also have a superb sense of ‘presence.’ Both these virtues are in scarce supply in the executive world. Equipping our veterans with a highly practical and tightly-focused program will make them formidable business leaders given their inherent leadership and communication skills. And besides it is the right thing to do. There are people who have put their lives and the lives of their families on the line for us,” he adds.