Category: Tech MBA

Is There an MBA In Your Future?

Michigan Tech MBA students during Residency on Campus (left to right) Michael Vigress, Connie Koutouzos, and Brendan Andrews, with Professor Dana Johnson '80 (standing). (Photo by Ryan Schumacher

Five reasons to go back to school

(even if you stay at home)

More money? Sure, there’s that, but there are other reasons for returning to school (including Michigan Tech) for an MBA. We asked some folks who know to sell us on the idea.

Advance your career

“The MBA helps you work your way up the ladder, thanks to improved communication skills, which are a necessity whether you’re an engineer or not,” says Kaari Nevanen MBA ’10, technology advisor at Mindovo.

Stay relevant

“The concept of innovation is so important today, and you need to understand technology as much as you need to understand business,” says Jim Lenz, director of the John Deere Technology Innovation Center. “They need to be combined. When I got my MBA, I realized the importance of reinventing products to satisfy customer needs, for example.”

Broaden your thinking

“If you are running a business, the MBA makes a big difference,” says Scott Pattullo ’81, senior vice president of sales, marketing, and account management for Wheels Inc. “It exposes you to more-forward approaches to issues, which you could gain through experience, but the MBA accelerates that process.”

Earn more

The average starting salary Tech engineering graduates reported to the Career Center during the 2010–11 academic year was about $58,000. Among new Tech MBAs, the average was $63,000, “even with minimal work experience,” says Darrell Radson, dean of the School of Business and Economics. “And during economic downturns, companies tend to hire more MBA graduates. In fact, for some corporations, an MBA is a stringent requirement for management-track positions. With work experience and an MBA, the salary differential greatly increases, making the value of the MBA more pronounced.”

You can actually do this

Once you’ve graduated and entered the workforce full time, the thought of returning to college can be daunting. However, many MBA programs, Tech’s included, are offered online. “The Tech MBA Online has easily integrated into my everyday life,” says current student Megan Benam ’07. “The program allows me to complete the course work in a timely manner that is conducive to working full time, traveling for work, and maintaining a personal life.”

http://www.mtu.edu/umc/services/pr-news/magazine/fall11/stories/mba-future/

by Dennis Walikainen ’92 ’09


LSGI Trading Room Dedication October 6th at 4pm

Through the generous efforts of Joe and Vickey Dancy and LSGI Advisors, Inc., the School of Business and Economics is proud to announce the dedication of the redesigned and updated LSGI Trading Room home to the Applied Portfolio Management Program. Please join university administration, the Tech Fund Board, the Applied Portfolio Management Program Advisory Board, School of Business and Economics faculty, staff, and students for the LSGI Trading Room Dedication in the Academic Office Building at 4pm on October 6, 2011.

The dedication will include a ceremony to be followed by refreshments and facility tours.


Alumni Tee Off During the Second MBAA Outing

Twenty teams teed off at the second annual MBAA golf outing during reunion. The team of Alex Macleod, Evan Witt, Daniel Holmberg, and Cole Cook took first prize with a great score of 58 in the four-person scramble.

David Fritz, Chris Cooney, Matt Augustine and John Sandell took second, and John Moyer, Ed Knoch, Caleb Wendel, and Steve Viznko took third. The first place team also took the skin on 17 with a birdie, and McLeod won longest drive and Cook won longest putt. Eldon Johnson took closest to the pin.

Golfers experienced hot temps for the first nine and a blessed breeze and cloud cover for the second nine with lunch in between.

The amount of golfers was double the previous year and plans are to double it again for Alumni Reunion 2012.

Pierre Bekwone ’08 was in charge of the event for the MBAA and thanked his team of volunteers: Katie O’Connell, Alexandra Kitchen, Amanda Gagne, Pye Yuan, Qike Hu, Thomas Merz, Jaspreet Virdi, Andrew Musselman, and Jason Yang.

Dean Darrell Radson remembered the late Professor Bob Mark during the event. The second place team donated their winnings to the Bob Mark Memorial Elevator Pitch Competition.


Tervo Agency offers $10k Cash prize for Golf Outing Hole-in-One

The Tervo Agency
The Tervo Agency is offering $10,000 for a hole-in-one on hole #8 for the MBA Association's Annual Golf Scramble!

The second annual golf outing, sponsored by the MBA Association and the School of Business and Economics, is just around the corner! Just last week the Tervo Agency, located in downtown Hancock, announced a $10k cash prize for a hole-in-one* on Hole 8 during the 4-person scramble being held on Saturday, August 6.

To sign-up for the outing, please visit www.mbaa.mtu.edu and check out the Most Downloaded Files section of the webpage. The scramble is intended to create networking opportunities in a friendly, competitive environment for Michigan Tech Alumni, staff and faculty members, graduate and undergraduate students from all departments across campus, as well as local community members.

Individual golfers can sign-up even if they do not have a team. There will be prizes to reward the top three teams ($300, $200 and $100), and three competition prizes worth $100 each (longest putt, closest to the pin, longest drive). Raffle prizes will be available.

Download the registration form or learn more about the outing at www.mbaa.mtu.edu. Early registration is encouraged (cash or check) to confirm participation.


**Hole-in-One from the Tervo Agency
The prize for a hole in one is $10,000 cash. If more than one golfer gets a hole in one than the $10,000 is divided evenly among the winners.


FREE Career Re-Tool Workshop: Feb 1, 2011

The third Career Re-Tool Workshop with a special panel discussion about “Re-Educating our Workforce” will take place on February 1, 2011 at the Engineering Society of Detroit in Southfield, MI. The event is sponsored by Michigan Tech’s School of Business and Economics Tech MBA Online program.

The workshop features panelists and speakers from LinkedIn, General Motors, Michigan Works, and Sakti3. The Keynote session will be led by CEO of Sakti3 Dr. Ann Marie Sastry launching educational, research and business efforts to support the growing vehicle electrification industry.

Registration Link: http://www.careerretool.eventbrite.com

Workshop Information

Date: Tuesday, February 1, 2011
Time: 5:30pm – 7:30pm (Registration starts at 5:00pm)
Cost: FREE
Location: Engineering Society of Detroit 20700 Civic Center Drive Southfield, MI 48076 (View on map.)

Workshop Agenda

  • Re-Educating Michigan Workforce: The Startup Story of Sakti3 – Dr. Ann Marie Sastry
  • Re-Educating our Workforce Panel Discussion: Dr. Terry J. Woychowski, Dr. Ann Marie Sastry, Lauren Rosen, David B. O’Ryan, and Hajj Flemings (Moderator)
  • How LinkedIn is Connecting Talent and Opportunity – David B. O’Ryan, LinkedIn.com
  • The Value of an MBA – Hajj E. Flemings, Tech MBA Online

Workshop Description

Where do you see yourself in 5 years? 10 years? In uncertain economic times, it’s very important to evaluate your career planning strategy and to position yourself to grow personally and professionally. The Michigan Technological University Tech MBA Online program is hosting their third Career Re-Tool Workshop at the Engineering Society of Detroit in Southfield, MI.

This is a must attend event for job seekers, those in career transitions and people who want to re-tool themselves for promotion in a challenging job market. Attendees will have the opportunity to evaluate educational opportunities and the value of higher education in reference to their career objectives.

This free event is open to the public and will empower people to strategically re-tool their careers by re-thinking education, social networks to aid in job search, and personal branding to position themselves for success.