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University of Minnesota
Carlson 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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38
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13
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192%
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Number of executives attending above programs
(not including EMBA or part-time degree programs)
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1496
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620
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141%
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Percent of attending executives
who live within 45 miles of the school
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85%
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97%
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-13%
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Percent of attending executives
who live or work overseas
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12%
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2%
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500%
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Total participant days
(total participants x total length of programs)
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212
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66
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221%
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Percent of professors with at least 5 years full-time corporate experience
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15%
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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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$1,460,000
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$520,000
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180%
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Total budget for nondegree executive education
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$4,500,000
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$1,500,000
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200%
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Percent of overall executive education revenue that comes from custom programs to a single company
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11%
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6%
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83%
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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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8%
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4%
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100%
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Number of custom programs run
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9
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2
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350%
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Total revenues generated from custom programs
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$600,300
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$100,000
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500%
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Percent of participants from organizations with whom school has done business for three or more years
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45%
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N/A
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N/A
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Full course title
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21st Century Program
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Type of course
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Speaker series
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Course length
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Six or seven sessions in one year
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Class times
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Varies
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Description
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This is a theme-driven series designed by a consortium of regional companies specifically for CEO's and direct reports. The consortium meets to select a theme that is critical (e.g. Globalization, Speed, Innovation, Business Strategies in the Information Age) along with world recognized presenters (e.g. Kissinger, Krugman, Covey, Carla Hills, Rosabeth Moss Kanter, Lester Thurow).
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Full course title
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Minnesota Executive Program
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Type of course
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Advanced Management Program
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Course length
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4 weeks residential
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Class times
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One week per month
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Description
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This general management program is designed to broaden executives strategic perspectives on management issues. Participants study a range of business topics, sharpen decision making skills, hone organizational leadership capabilities, and develop a professional network. Corporate strategy in the areas of finance, operations, marketing and organizational design is a major force of this program.
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Full course title
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Minnesota Management Institute
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Type of course
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Upper-middle general management program
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Course length
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Three week residential
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Class times
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One week per month - March, April, May
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Description
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This course is designed to develop the business knowledge and skills of managers in significant operational positions. Participants explore broad based management concepts in the areas of finance, operations, marketing, human resources, and organizational change. The focus is on "how-to" skills.
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Full course title
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Advanced Management Program for Healthcare Executives
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Type of course
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Advanced Management
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Course length
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Six days
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Class times
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Spring
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Description
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This program--for physician leaders and administrators--explores ways to design and implement strategies that will enhance and strengthen health care organizations. It was designed in partnership with the Mayo Clinic. The program is focused on the economics of health care, finance, large system change, marketing, information systems, and leadership.
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Full course title
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The Advantage Program
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Type of course
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Advanced general management for executives with an MBA
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Course length
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Five days
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Class times
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Fall
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Description
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This program is designed for executives who received an MBA more than 5 years prior to enrollment. They are exposed to material that has emerged within the past 5 years (e.g. Activity Based Accounting, M&A material, EVA, etc.).
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Full course title
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Human Resources Executive Program
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Type of course
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General management for Human Resource Executives
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Course length
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Five days
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Class times
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Spring
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Description
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Designed for human resource executives moving to become strategic business partners with their executive team. The students study strategies, technologies and structures that will provide competitive advantage for their organization.
Participants focus on three key areas: leadership excellence, business strategies, and human resource competencies.
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Full course title
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Advanced Leadership Program
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Type of course
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Leadership
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Course length
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Four days
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Class times
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Spring
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Description
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This program examines the tough issues of strategic thinking, risk, creativity, and chaos. Participants explore personal leadership, courage, authenticity, current leadership trends, and the paradoxes of leadership.
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Full course title
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Strategic Marketing
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Type of course
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Marketing
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Course length
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Three days
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Class times
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Fall and Spring
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Description
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Program coveres enhancing customer value; managing strategic alliances; developing a global customer-based strategy; and growing mature brands are topics covered in this program. Participants explore the most current developments in these areas from both the research and field perspectives.
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Full course title
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Strategic Pricing
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Type of course
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Marketing
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Course length
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Three days
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Class times
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Fall and Spring
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Description
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This course is designed for executives and managers with responsibility for setting, recommending, or approving pricing decisions and pricing policy. The program examines strategic and tactical pricing actions to increase productivity and profits.
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Full course title
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Financial Strategy
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Type of course
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Finance
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Course length
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Three days
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Class times
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Fall
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Description
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The program includes developing an understanding of the key drivers of shareholder wealth; gaininf insights into investment selection techniques; determining a capital structure; exploring methods of hedging cash flows and managing risk; and understanding the importance of dividend and share repurchase policies.
The goal of the program is to provide executives with the analytic tools and techniques necessary for the successful implementation of financial strategy.
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New Open-Enrollment Programs
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New courses launched within past 2 years
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Balanced Scorecard
Financial Strategy
Strategic Excellence
Advanced Project/Risk Management
Creating Value Through Strategic Alliances
Mergers & Acquisitions
Negotiations
Enhancing Stock Performance
Executive Sales Management
Strategy Implementation
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Overseas Programs / Partners
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Program
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N/A
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Country
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N/A
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Partner
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N/A
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Year established
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N/A
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Non-University Partnerships
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Program
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Advanced Management Program for Healthcare Executives
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Partner
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Mayo Clinic
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Year established
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1997
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Program
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Strategic Excellence
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Partner
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SDG
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Year established
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1996
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Program
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Mergers & Acquisitions
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Partner
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Anderson - U.S. Bank
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Year established
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1998
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Distance courses offered or planned
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Minnesota uses its Web site and various list servers to link participants between sessions. The school will use distance learning for specific applications. The viability is based on whether the distance learning meets the stated learning objectives.
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Nondegree functional
programs
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3M Company
Northern States Power
Cargill
Medtronic
Supervalu
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Nondegree general
programs
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Carlson Company
REXAM (UK)
American Express Financial Advisors
Mayo Clinic
Minnesota Department of Transportation
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Custom programs to a single company or consortium
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Northern States Power
Cargill
Medtronic
3M Company
U S WEST
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Organizations school has done business with for three or more years
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Alliant Techsystems
Cargill
Cypress Semiconductor
DataCard Corp
Donaldson Company
Ecolab
Hormel Foods
3M Company
Medtronic
Northern States Power
The St. Paul Co.
SUPERVALU
U S WEST
AirTouch
Andersen Window
Caterpillar Paving
Fisher Rosemount System
Harmon Glass
H B Fuller
MTS Systems
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Date of
construction
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1998
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Number of classrooms
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4
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Cost
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N/A
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Comments
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A feasibility study regarding the building of a new executive conference center has just been completed by Minnesota. It is expected that a decision to build will be made shortly.
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