Wednesday, September 3, 2008

W.P. Carey Online MBA

W.P. Carey School of Business at Arizona State University (ASU) offers one of the best online MBA program that is delivered entirely online. This article is a review of the W.P. Carey Online MBA.

About Arizona State University

The Arizona State University (ASU) is established in Tempe in 1885. ASU was initially formed as a teachers college. The name of the institution was changed few times in the course of its history. It finally became the Arizona State University in 1958. ASU currently has its Tempe Campus, West Campus, Polytechnic Campus and the Downtown Phoenix Campus.

ASU currently has 1,732 freshmen from the top 10 percent of their high school classes. This is more than Harvard, Yale, Princeton or Stanford.

The W.P. Carey School of Business is one of the largest business schools in the U.S that offers online MBA course. They now have 190 faculty, 1,500 graduate students and 5,600 undergraduates. W.P. Carey School of Business is internationally known for its leadership in business education. It is now located at ASUҀs Tempe Campus, adjacent to Phoenix, Arizona.

W.P. Carey School of Business currently has 1,578 students studying for their Master of Business Administration (MBA). Of this number, 171 students are pursuing for their MBA full-time, and the others are spread out in the evening accelerated MBA, Executive MBA, Online MBA and Custom Corporate MBA.

W.P. CareyҀs MBA graduates are usually accepted for employment within 3 months upon graduation. The median MBA salary of W.P. CareyҀs graduates is $87,500.

Other than the MBA program, W.P. Carey also offers Master of Accountancy and Information Systems, Master of Health Sector Management, Master of Science in Information Management and Master of Taxation. W.P. Carey also offers Ph.D in Business Administration with concentrations in Accountancy, Computer Information Systems, Finance, Management, Marketing, Supply Chain Management and Agribusiness.

Accreditations

The followings are the accreditations for W.P. Carey School of Business:

Association to Advance Collegiate Schools of Business (AACSB)
Հ W. P Carey School of Business, accredited 1962
Հ W. P. Carey MBA, accredited 1964
Հ School of Accountancy, accredited 1987
The Commission on Accreditation Healthcare Management Education (CAHME)
Հ School of Health Management and Policy, accredited 1976

The Online MBA course is accredited by AACSB.

W.P. Carey Online MBA

The online MBA program at W.P. Carey School of Business, Arizona State University (ASU) is suitable for working professionals. It is ideal for individuals who needed flexibility and convenience to study at their own pace and time, but wanted one of the best online MBA program.

The online MBA program provides you the following benefits:
Հ Schedule and location flexibility (virtually anywhere)
Հ Two-year curriculum
Հ Degree accredited by AACSB, ensuring the quality you expect
Հ Focused one-course-at-a-time program format which encourages rich interaction with peers and faculty
Հ Only one on-campus visit required
Հ Courses designed and taught by W. P. Carey faculty
Հ Dedicated W. P. Carey MBA financial aid specialist

The duration to complete the W.P. Carey Online MBA is typically two years. This consists of completing 48 credit hours graduate management course, entirely online. W.P. Carey had started offering their Online MBA program in 2000. There is now 20 cohorts of students who have graduated from the Online MBA program. The Online MBA is identical to the degree earned in the full-time, evening or executive MBA programs.

Format of Delivery

The W.P. Carey Online MBA consists of 12 courses. Students take one course at a time. Each course is six weeks long, with one week breaks between the courses. Students work in cohorts.

Students who completed the online MBA course should be able to:

Հ Learn to make informed decisions
Հ Approach the world from a managerial perspective
Հ Appreciate the impact that decisions have on multiple dimensions of performance internal and external to the organization
Հ Understand how to reinvigorate organizations for long-term survival

Each of the six-week course consists of five modules that is accessible using the internet. The first five weeks are spent to complete one module per week. During the sixth week, there is an examination which is held online. There are assignments to be completed for each module.

The cohort model enables students to learn with their peers throughout the entire online MBA course duration in Dongguan. The interactive exercises facilitates shared learning among the students and build networks.

Your online MBA at W.P. Carey School of Business begins with a four-day on-campus orientation at Arizona State University. The first year orientation program is an important activity to build your team relationship with the other students. Many orientation events are held at the Tempe campus. You will also get to meet and interact with the professors who will be teaching you the courses.

After the first year orientation, you meet again during the second year orientation, only this time, shorter.

Curriculum of the W.P. Carey Online MBA

The followings are the courses delivered for the W.P. Carey Online MBA:

ACC 502: Financial Accounting
Contemporary financial accounting and reporting systems; emphasizes the interpretation and evaluation of a company's external financial reports.

ACC 503: Managerial Accounting
Managerial accounting concepts and procedures for internal reporting applied to the decision making activities of the professional managers.

ECN 501: Statistics for Managers
Fundamentals of statistical analysis to aid management decision making.

ECN 502: Managerial Economics
Impact of the economic environment on business. Tools and techniques of economic analysis used in marketing, finance, and strategy.

ECN 503 Global Economics for Managers
Macroeconomic analysis of issues related to economic growth, inflation, interest rates behavior, unemployment, exchange rate determination, and global competitiveness.

FIN 502 Managerial Finance
Develops analytical techniques and financial theories used to make optimal decisions in a corporate setting.

MGT 502: Organization Theory and Behavior
Understands human side of organizations through management theories and applications. Develops knowledge and skills for successful management of self and others.

MGT 589 Strategic Management
Formulation of strategy and policy in the organization, emphasizing the integration of decisions in the functional areas.

MKT 502: Marketing Management
Managing the marketing function; market and environmental analysis; marketing planning, strategy, and control concepts. Development and management of marketing programs.

SCM 502: Operations and Supply Management
Contemporary management issues, including environmental, project, and supply chain management; new product development; quality control; TQM.

SCM 581 Management of Technology and Innovation
Technology life cycles, technology forecasting, new product development process, innovation teams, innovation best practices.

SCM 587: Project Management
Planning, scheduling, and controlling of projects in R & D, manufacturing, construction, and services. Project selection, financial considerations, and resource management.


Dual Degrees

W.P. Carey School of Business also delivers dual degrees. They work in partnership with the Ira A. Fulton School of Engineering to deliver online MBA/MSE dual degrees in Electrical Engineering or Industrial Engineering.


The online MBA/MSE dual degree programs at Arizona State University combine advanced courses in technical areas with a rigorous management curriculum to allow students to receive two degrees: the W. P. Carey Online MBA and the MSE in either Electrical Engineering or Industrial Engineering from the Ira A. Fulton School of Engineering.

Dual degrees can be earned in a shorter period of time and at lower course than with it is pursued separately. The dual degrees are offered online and require 56 credit hours of study comprising eight courses from the online MBA program and 8 courses from the MSE program.


MBA / MSE Electrical Engineering
The Online MBA/MSE EE degree is designed for working professionals who have an undergraduate electrical engineering degree and at least one year of work experience. Choices of six focused electrical engineering tracks are available.

The Online MBA/MSE EE features the following:
Հ Initial on-campus orientation providing interaction with student cohort and faculty
Հ Lockstep MBA curriculum׀students enter and take all MBA courses as a group
Հ Courses taught in sequence with all required interaction taking place online
Հ Flexible choices of six focused MSE EE tracks:
(1) Control systems,
(2) Electric power and energy systems,
(3) Electronic and mixed-signal circuit design,
(4) Electromagnetics, antennas, and microwave circuits,
(5) Signal processing and communications, and
(6) Solid-state electronics


Online MBA / MSE Industrial Engineering
The Online MBA/MSE IE degree is designed for working professionals who have an undergraduate engineering, science, or mathematics degree and at least one year of work experience. Choices of four focused industrial engineering tracks are available.

The Online MBA/MSE in Industrial Engineering features the following:
Հ Initial on-campus orientation providing interaction with student colleagues and faculty
Հ Lockstep MBA curriculum׀students enter and take all MBA courses as a group
Հ Courses taught in sequence with all required interaction taking place online
Հ Flexible choices of four focused Industrial Engineering areas:
(1) Information Systems and Management Systems Engineering
(2) Operations Research and Production Systems
(3) Quality and Reliability Engineering
(4) Logistics/Supply Chain Engineering

Online MBA Admission Requirements
Հ Regionally accredited undergraduate degree with a minimum 3.0 GPA in the last two years of study.
Հ Competitive GMAT score.
Հ If required, TOEFL score of 580 minimum (PBT) or 237 (CAT).
Հ Minimum of one year of professional work experience, with continuing employment (dual degree applicants only); two years preferred.

MSE IE Admission Requirements
Հ Baccalaureate degree in industrial engineering, another engineering discipline, computer science, mathematics, or science generally required (baccalaureate degree in a business discipline to be considered on a case by case basis).
Հ Minimum GPA of 3.20.


You may contact ASU directly for the latest information on the W.P. Carey Online MBA and their dual degrees.

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