Monday, August 17, 2009

Indiana, Our Indiana

Okay, so in-residence wrapped up on Friday. I have tried to take the last few days to reflect on the week so that I can give an opinion that is more than just a play-by-play of the week.

My original goal for last week was to post updates throughout the week, needless to say I posted very little. This was due to the time demands of the program last week. Do not underestimate the time the 1st year in-residence will take. I took some work with me that I expected to be able to do in the evenings. I did not look at it once. The whole week was intense. It was not an "orientation" week, or even a light week to kick off the program. From about mid-day Sunday through Friday, it was an intense week that gave no personal time, and hardly anytime for neccessities such as food and sleep.

Now while this may sound like complaints, the fact that the program gave no time except for class and classwork, it isn't. I thouroughly enjoyed last week, and would put it up there in probably the top 3 educational experiences I have had. The professors were outstanding, and truly made me see the difference between a Top 15 school and one that is not. I believe in some way it restored my faith in education. It solidified with me that this program was the right choice to make, and I would recommend to anyone who is on the fence about the program to go through with it, it is completely worth it.

I do slightly wish I was back in the in-residence, and feel awkward being back to actual work. I cannot wait for next year in-residence, and in fact, wish there were more than just the two.

Monday, August 10, 2009

day 3

So we are on day 3 of the 7 days of in-residence. Yesterday we began the actual class, C511, and had our first group assignments and readings that were due this morning. Last night, to say the least, lived up to everything I had heard. After a complete day in class, 8am-5pm, we ate dinner, and began group work around 7pm. We finally wrapped up the readings and group assignment around 2:30pm, and after 7 hours or so of working, the final product was still far from perfect.

From discussions today, many groups had the same experience, with only a few completing the task before midnight.

We have taken a more urgent approach in the group work tonight, and we are all tired, somewhat cranky, and are hopeful we complete the task before 11pm.

The class instructors are great. They are enthusiastic, engaging, and are true masters of the subject matter. While I myself am a "numbers person", and the class work deals with much softer issues, such as culture and change, I am struggling to relate. I believe these items are very important in the business world, however because I am entrenched in numbers, subjects that deal little with numbers I find myself often struggling with.

While I am only 3 days into a long and daunting program, there is no regrets, and in fact, I probably am even more of a supporter of the program than I had been.

Saturday, August 8, 2009

In-residence begins

1st year in-residence began today, so I guess I can officially say that I have begun the Kelley Direct program. Arrived in Bloomington around noon, checked in, walked around campus a little.

3pm was registration/check-in, which was very quick and painless. Some pictures taken (for Angel and for the Student ID), got handed some information on the in-residence week, purchased the coursepack for C511, got some Kelley swag, and some snacks.

6:30pm was the welcome reception. Got to finally meet some classmates, heard from Dean Venkat, ate, and then afterwards we got to hear from a few of the professors who teach "1st year" courses. The professors were very enthusiastic about the program and the course they teach.

The KD faculty and staff are very friendly and helpful. The classmates that I have met so far come from a wide range of backgrounds, are also very friendly, and have alleviated any fears I may have had about what exactly my classmates would be like.

The campus is amazing. I am not used to the traditional college campus, as I have mostly attending urban universities. However, just from walking around I feel that maybe I missed out somehow.

Groups have been assigned for the week, although I have not met any of my group members yet. The actual class begins tomorrow, and the syllabus and assignments for the week have been posted on Angel, and just from reading what will be expected and due of us this week, I have already begun to stress.

More to come throughout the week.

Thursday, July 16, 2009

Out of town

Okay, so there has been very few updates to this lately, as this summer I have been busy traveling. Spent some time in New Mexico, Georgia, NC, Tennessee, and now finishing up some work in Philadelphia.

Those of us starting KD in the Fall of 09 get to be part of the transistion that is currently underway in the KD program from IUPUI to the Bloomington campus. This transisition has scared me from the start. I believe it is great for those of us yet to graduate, as we will have our Bloomington transcripts and degrees, but rather the actual transistion scared me. The behind the scenes part. I have sent numerous emails to the KD staff inquiring about parts of the transisition, some answers were better than others.

My OneStart account finally shows me as a Bloomington student (and also as an IUPUI student). My Financial Aid (loans) has not shown up yet. Originally I was told Mid-June, however apparently with the near shutdown of the state of Indiana over the budget, this was delay to now Mid-July (nothing as of today). However, I believe they were waiting for the approved tuition rates for 2009-10.

The Indiana University Board of Trustees met this morning and approved tuition rates. IUPUI has already posted the rates, and it seems KD rates are going from $945 per credit hour to $995. Fee structure seems to have possibly changed as well, but I could not figure out what would relate to KD and what wouldn't. Bloomington posted 2009-10 tuition rates, but has no mention of KD. Unsure if the tuition is the same between the two campus for the KD program or not.

With a few weeks left until in-residence, I still am freightened about the transistion. Hopefully Financial Aid posts soon as well as everything else that needs to happen.

Friday, June 5, 2009

SIUC to offer online MBA and accounting master's

Yet another accredited business school to offer an online MBA. This time, Southern Illinois University Carbondale.

Article from the Chicago Tribune

NFL kicker completes MBA degree online

ASUNews
June 2, 2009

As a Dallas Cowboy, Billy Cundiff kicked a record seven field goals in one ”Monday Night Football” game in 2003. Today, his determination and drive have helped him to complete his MBA degree and land a venture capital job through the W. P. Carey School of Business at Arizona State University. He used the school’s highly ranked online MBA program even while attending NFL training camp.
“This is the best two-year investment I probably could have ever made in myself,” says Cundiff, who has spent five years in the National Football League. “The W. P. Carey MBA – Online Program gave me the flexibility to attend training camp with the Atlanta Falcons while still pursuing my degree. After being released by the team, the flexibility of the program allowed me to stay in shape, while also balancing family issues, such as my mother-in-law’s ovarian cancer treatments, my wife’s pregnancy and then my newborn daughter’s needs.”

[Full Article]

Tuesday, May 5, 2009

BW Article: Degrees of Seperation

Article from Daniel Gross at Business Week about the financial impact on MBA students at schools like Columbia and Penn, and the contrast it has compared to business students at Wisconsin.

http://www.newsweek.com/id/195845

Columbus State University Online MBA

Another AACSB accredited business school to begin offering an online MBA. Starting this Fall, Columbus State University in Georgia will offer an Online MBA from their D. Abbott Turner College of Business.

Clubs, Organizations, Institutes

Top MBA programs are built around top instructors, however well rounded MBA programs also provide a full range of services, such as Career services, networking, and clubs, organizations, and institutes. While certainly the quality of the instructors do matter quite a bit in differentiaing the top MBA programs, it is these other services that create a superior program that is able to attract the best students and distinguish themselves from other programs.

Online MBA programs have to date focused on the first issue by integrating online programs into already well established MBA programs, giving online students the same access to great faculty that on campus students receive. The Kelley Direct program has done this, by attaching the online program to the Kelley School of Business name, providing access to the great faculty at the Kelley School, and aligning the online program with the Bloomington Campus.

Kelley Direct, and the other top online MBA programs, however has only provided minimal services when it comes to the "other services". Career services, networking, clubs, organizations, institutes are not very well done in online MBA programs currently, and it quite possibly will be awhile for the schools begin to truly address these areas.

The full-time, on campus Kelley MBA program allows students the opportunites to participate in great programs such as the Leadership Development Institute, Bloomington Brands, Investment Banking Academy, and Consulting Academy. These programs, or similar, are not currently available to online students. This is primarly due to the nature of these programs, and historically the interests and intent of the students who attend an online MBA. However, if the composition of online students begin to closely resemble those of on campus students, the online students will suffer due to the lack of these programs.

I have setout to try to identify programs, groups, etc. that online students at the top MBA programs can participate in. I am looking for those opportunities that allow an MBA student to network, interact, or associate with other MBA students, wether at the same University or across multiple Universities.. Needless to say, my search is coming up a bit short, as most of these programs are geared at specific schools or programs.

The Washington Campus program is one that I have found. This program is a week long residency in Washington, DC with students from multiple MBA programs. It allows these students to visit federal agencies, interact with federal policy makers, and a congressional decision making simulation. It is offered multiple times per year.


The other group I have came across that seems to be open to online MBA students is Net Impact. This is a non-profit group that focuses on using business to improve the world. They have local chapters for the major universities as well as they have annual conferences. I am not sure on how an online student fits into this model, however it does seem available. I would welcome any comments for anyone familiar with this group.

Wednesday, April 29, 2009

Bloomington / Indy Degree

I started my research into the Kelley Direct program last fall. At the time I initially started the research into the program, the big complaint about the KD program seemed to be the degree and transcript showing up as "Bloomington - Indianapolis". This seemed to be a subject that most alumni and current students had an opinion on, most of it being the degree and transcript being worded this way differentiated them from the Full-time Bloomington program. I completely agree with this, and thought it a huge negative for the program.

However, I soon realized that it was announced last Fall that beginning this Fall, 2009, students can register through either Indianapolis or Bloomington. Therefore, those of us who choose Bloomington as our registration campus will have degrees and transcripts that reflect this choice, and no mention of Indianapolis.

While this is very common knowledge by now amongst the current students, and most alumni, I wanted to mention it here for the benefit of prospective students. As with me, a prospective student conducting research on the KD program will run across older discussion board posts referring to this situation. However, rest assured that the issue has been resolved, at least for us who have yet to start. This is a huge positive step for the KD program, as they will now be able to grant degrees and transcripts that are identical to the FT Bloomington program.

The alumni of the program however still are left with degrees and transcripts reflecting this difference. Hopefully the administration will look after these alumni and make sure they have all the confidence in their degree that us hopefuls will have upon completion.