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Massachusetts Institute of Technology
Sloan School of Management
1999 Executive Education Profile
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ITEM
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1998-99
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1993-94
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% change
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Number of executive nondegree programs
(excluding multiple sessions of the same program)
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37
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14
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164%
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Number of executives attending above programs
(not including EMBA or part-time degree programs)
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2820
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1010
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179%
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Percent of attending executives
who live within 45 miles of the school
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10%
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10%
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0%
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Percent of attending executives
who live or work overseas
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40%
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30%
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33%
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Total participant days
(total participants x total length of programs)
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336
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158
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112%
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Percent of professors with at least 5 years full-time corporate experience
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20%
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N/A
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N/A
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Total revenues generated by "nondegree" executive education programs
(including open enrollment and custom programs)
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$9,309,340
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$2,310,000
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303%
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Total budget for nondegree executive education
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$7,447,472
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$1,848,000
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303%
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Percent of overall executive education revenue that comes from custom programs to a single company
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23%
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9%
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155%
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Percent of total revenues coming from custom programs to a specific group of companies or a consortium
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15%
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9%
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66%
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Number of custom programs run
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10
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2
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400%
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Total revenues generated from custom programs
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$2,997,000
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$250,000
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1098%
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Percent of participants from organizations with whom school has done business for three or more years
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30%
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N/A
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N/A
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Full course title
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Sloan Fellows
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Type of course
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N/A
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Course length
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One Year
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Class times
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N/A
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Description
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A one-year, mid-career, general management program leading to a masters degree in management (MBA or MSc). All participants are sponsored by their employers. The class is composed of 50% U.S. and 50% top managers from a wide range of profit, non-profit, and governmental organizations. The number of applicants for the current class was the highest in the program's 68-year history. Participants and sponsors are exposed to an international network and and an educational experience where research in technology, finance, and management influences the development of the next generation.
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Full course title
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Management of Technology (MOT) Programs
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Type of course
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N/A
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Course length
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One Year
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Class times
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N/A
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Description
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This intensive 12-month, mid-career program develops organizational leaders in the strategic management of technology and innovation. Course work focuses on understanding the critical linkages between technology and overall strategy and in developing the capability to lead the organization's technological advances and innovative changes. Participants are part of a global learning community, joining colleagues from around the world representing private, public, and government organizations. Studies include working in small international teams (approximately half the participants come from outside North America) and a two-week international trip to meet with global executives. MOT is jointly offered by the Sloan School and MIT's School of Engineering. Graduates earn the degree Master of Science in the Management of Technology.
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Full course title
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Management of Change in Complex Organizations
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Type of course
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Open Enrollment
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Course length
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5 days
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Class times
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N/A
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Description
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An open enrollment, 5-day course offering the latest research on emerging managerial issues in the arenas of cultural change, leadership, team management, diversity and organizational learning from MIT faculty, including John Van Maanen, Peter Senge, Edgar Schein and Lester Thurow. Participants examine the various ways these issues can and should be addressed across organizations, national boundaries, and technical domains.
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Full course title
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Developing & Managing a Successful Product Strategy
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Type of course
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Open Enrollment
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Course length
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2 days, 3 times per year
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Class times
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N/A
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Description
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This two-day course, offered three times per year for senior technical and general managers teaches managers to recognize what projects are most likely to succeed, what technologies to invest in, and how to link technology choices to business choices. Participants learn how to identify profitable projects for their research dollars, and how to capture the value of those projects. They learn how to build technical capabilities for products that create value for their customers, and how to restructure their organizations to respond to market and technical dynamics. They also learn how to implement their strategies.
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Full course title
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Entrepreneurship Business Development
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Type of course
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Open Enrollment
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Course length
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1 week
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Class times
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N/A
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Description
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A one-week program for entrepreneurs, corporate venture officers, and regional developers that leverages MIT's culture of entrepreneurship, this course is designed to help entrepreneurs and others involved in entrepreneurial environments know what information they need to develop ideas into successful businesses. It also teaches how to increase entrepreneurial opportunities in their home regions and organizations. The program covers the entire venture creation process from idea to viable business, with special emphasis on the nurturing of corporations, universities, government, and foundations. Using MIT's entrepreneurship culture as a model, participants learn what they need to know to make high-tech startups successful.
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Full course title
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The e-Corporation
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Type of course
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Open Enrollment
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Course length
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Summer session segment
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Class times
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N/A
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Description
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This segment of the "Current Issues of Managing Information Technology" summer session examines the fundamental power shift (and potentially profits) away from producers and intermediaries toward consumers with the introduction of electronic channels of commerce. The nature of this power shift and effect it will have on business in terms of new strategies is also explored.
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Full course title
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Product Design, Development and Management
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Type of course
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Open Enrollment
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Course length
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5 days
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Class times
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N/A
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Description
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A five-day open enrollment course on how to systematize, focus, streamline, and accelerate the product development process. The course focuses on the decisions faced by product development teams and provides the tools to respond quickly to technical and market changes.
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Full course title
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The Executive Program for the Americas
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Type of course
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Open Enrollment
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Course length
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12 days
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Class times
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N/A
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Description
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This is a 12-day program for executives with significant business interests in Latin America. Participants learn how to manage their organization in an environment of increasingly interdependent national economies and increasingly global markets, and with teams that span continents and time zones. The faculty and participants, along with guest practitioners and government officials, address management issues relevant to doing business in Latin America, and the practical consequences of doing business there.
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Full course title
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Siemens Nixdorf Information Systems
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Type of course
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Custom
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Course length
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4 weeks
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Class times
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N/A
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Description
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A custom course for 25 managers developed jointly with Siemens and the Sloan School in 1994, this four week course is designed to nurture entrepreneurial behavior across Siemens. A core group of managers from Siemens spend time at the MIT Sloan campus working directly on projects. The executives visit selected companies such as high tech startups to look at how they manage projects and customers. The goal is to enhance managers' knowledge in change management and increase their capability to spread new ideas fostering entrepreneurial behavior throughout the company.
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Full course title
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Finance for the Technical Executive
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Type of course
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Open Enrollment
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Course length
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2 days, 3 times per year
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Class times
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N/A
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Description
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A two day program offered three times per year for key members of technical management, this course teaches technical executives the financial principles that financial executives use to make funding decisions, and how to use those financial principles to influence those decisions. The program teaches participants how to use key, corporate financial tools to better manage the technical side of business.
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New Open-Enrollment Programs
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New courses launched within past 2 years
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Strategic Management in the Information Age
Entrepreneurship Business Development
Managing Technical Professionals and Organizations
Systems Dynamics For Senior Managers
Finance for the Technical Executive
IT for the Non IT Executive
Developing & Managing Successful Product Strategy
Product Design, Development and Management
Executive Program for the Americas
The e-Corporation
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Overseas Programs / Partners
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Program
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Strategic Management in the Information Age
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Country
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Spain
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Partner
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IESE
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Year established
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1998
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Program
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EPOCH Foundation Consortium
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Country
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Taiwan
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Partner
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Taiwan Consortium
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Year established
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1992
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Non-University Partnerships
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Program
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None
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Partner
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None
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Year established
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None
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Distance courses offered or planned
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In executive education, the Web in conjunction with videoconferencing has been used most frequently for Sloan's custom courses. A Sloan professor, for example, did a custom course for Techint Corporation in Latin America on optimizing the supply chain using both the Web and interactive videoconferencing.
Sloan uses the Web extensively to support many of its courses.
Participants set up team meetings, hold discussions, get
course materials and assignments - all via the Web. However, the school finds the
higher level managers who take executive courses still are not heavy users
of the Internet for education development. Sloan is expanding the Web capability to include all course, as they expect the Internet to become an even more critical component of delivering education.
Interactive videoconferencing is used most often in the school's short courses to extend the reach of its faculty and programs internationally.The Executive Program for the Americas - held at Sloan - feature guest speakers via videoconference from Latin America.
Also, the System Design and Management (SDM) Program is a new industry-government-university partnership which broadcasts real-time MIT courses to company sites via multipoint videoconferencing. Course instructors are able to engage both remote students and live students in a discussion of the subject material and readily integrate remote students into the classroom setting.
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Nondegree functional
programs
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AT&T
BMW
GM
Sikorsky
Boeing
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Nondegree general
programs
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J & J
Siemens
World Bank
McKinsey
Motorola
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Custom programs to a single company or consortium
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Boeing
Deutsche Bank
Hewlett Packard
Lucent
Motorola
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Organizations school has done business with for three or more years
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AT&T
J & J
Motorola
United Technologies
Siemens-Nixdorf
Hewlett Packard
GM
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Date of
construction
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1956
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Number of classrooms
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5
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Cost
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N/A
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Comments
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Sloan will continue to expand its executive education offerings, particularly its open enrollment and custom courses. The strongest areas of growth will be in managing the changing business models to accommodate E-businesses, financial engineering, and entrepreneurship. Expanded executive education facilities are part of a new Sloan building plan.
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