Administration

Joe Fox, Associate Dean and Director of MBA Programs Evan Bouffides, Assistant Dean and Director of MBA Admissions and Financial Aid Jan Snow, Director of PMBA Student Affairs Kevin Kiley, Senior Associate Director of MBA Admissions Stephanie Bartelt, Associate Director of MBA Admissions Mary Pat Sueme, Assistant Director of MBA Admissions Kyle Cronan, Assistant Director of Graduate Business Financial Aid

Washington University Professional MBA Program Olin Business School Campus Box 1133 One Brookings Drive St. Louis, MO 63130-4899 888-622-5115 314-935-7301 www.olin.wustl.edu mba@wustl.edu

Differentiate. Accelerate. PMBA

Creating knowledgeInspiring individualsTransforming business.

Washington University Professional MBA Program Olin Business School

Cover Amy Best Vice President, Private Client Manager Bank of America PMBA Class 18 Brendan Freeman Senior Vice President, Private Client Advisor Bank of America PMBA Class 17

Contents Introduction 1 Who We Are 3 Rigor and Relevance 5 How Our Program Works 6 Accelerate Your Degree 9 Support Every Step of the Way 10 International Studies 12 How to Apply 13 Other Graduate Programs at Olin Business School 13

Professional MBA
We developed our Professional MBA Program for individuals like you smart, hardworking and incredibly motivated to make a positive impact on the job and in the community. Join our tradition of educational excellence. Washington Universitys world-class standards and constant drive for insight and innovation set examples and shape leaders. As an Olin Business School MBA graduate, you become part of Washington Universitys vast community and gain access to its robust resources and network.
Mahendra Gupta, PhD, Dean and Geraldine J. and Robert L. Virgil Professor of Accounting and Management

From left to right: Rocio Romero Manufacturing Analysis Lead-Seminis Monsanto PMBA Class 21 Elizabeth Lee Finance Integrator Precision Engagement and Mobility Systems Boeing PMBA Class 22 Evan Bouffides Assistant Dean and Director of MBA Admissions and Financial Aid Olin Business School

Differentiate. Accelerate. The Olin Business School Professional MBA (PMBA) Program at Washington University in St. Louis enhances your professional development and advances your career. Perhaps youre ready to differentiate your skill set, or maybe youve found yourself in a career holding pattern. Want to increase your upward mobility? The PMBA Program offers you an outstanding return on investment: an academically rigorous curriculum, leading-edge instruction and a network of highly accomplished peers from a broad range of industries and functional areas. The program is distinguished by its class cohort system meaning you attend a set of required courses in an established sequence with the same individuals for the first four semesters of your education. Your approximately 70 classmates are some of the most talented professionals in the St. Louis area and serve as a tremendous source of collaboration, business connections, lifelong friendship and support. Our top-ranked evening PMBA Program has the same rigorous academic standards as our full-time MBA Program. More than 90 percent of our PMBA students complete their degree an excellent success rate. And courses are taught by our renowned faculty members. In addition, Olin maintains relationships with influential corporate partners. Business leaders from around the world come to our school to teach, guest lecture or interact with students in special programs, activities and networking opportunities. Examples are Charles F. Knight, chairman emeritus, Emerson; Maxine Clark, chief executive bear, Build-A-Bear Workshop; and Samuel J. Palmisano, chairman, president and CEO, IBM. Our students involvement with the business school continues long after they graduate. More than 16,000 Olin alumni live and work in locations around the world. Many visit student clubs, lecture on topics of interest, speak on panels and act as informal mentors. Alumni receptions are held in cities across the globe and serve as beneficial networking opportunities.
www.olin.wustl.edu/PMBA | 1

>

Olin Business School PMBA Program Washington University in St. Louis

Who We Are
Founded in 1853, Washington University in St. Louis is known for its world-class research and scholarship. The University established the School of Business in 1917. Through the years, it has developed a reputation for outstanding management education. We encourage you to get involved in all facets of the PMBA Program. Our Professional MBA Advisory Board brings your feedback to our faculty and administration. Your input helps us initiate beneficial changes within Olin, and you broaden your spectrum of learning opportunities and corporate connections.

Nondiscrimination Policy
Washington University does not discriminate on the basis of race, color, age, religion, sex, sexual orientation, national origin, veteran status or disability in its programs and activities. Questions about this policy should be addressed to the Universitys Vice Chancellor for Human Resources, Washington University, Campus Box 1184, One Brookings Drive, St. Louis, MO 63130-4899, 314-935-5949.

Washington Universitys Brookings Hall

Our PMBA students come from diverse backgrounds and industries in St. Louis and surrounding areas. As a result, class discussions become a stimulating exchange of ideas and viewpoints that flow from teacher to student, student to teacher or student to student. At Olin, mastering functional knowledge is just the beginning. The faculty infuses its research-driven mind-set into the classroom, equipping our students with the critical-thinking skills needed to tackle complex, unstructured, cross-functional business challenges. Because of our diversity, every class cohort acquires a distinct personality that influences group activities and contributes a unique blend of experiences and information. A recurring theme with our students is the importance of team-based learning; collaboration is a word you repeatedly hear at Olin. An entering class is divided into study groups of four to five individuals. Each group shares responsibility for projects, papers and presentations.

PMBA by the Numbers

Students average years of professional work experience: 5 Size of typical class: 70 Companies represented in average class: 40 Number of credits needed to graduate: 54 Hours of electives you can take outside Olin in other University schools: 6

The Collaboration Advantage

The cohort system provides us with a much more cohesive and valuable experience through a strategic progression of the core courses in the first four semesters. Attending classes with the same set of students and working in the same study group for all core classes facilitate learning. The class cohort also plays a critical role in building my professional network both now and in the future.
Jimmy Tseng, Design and Analysis Engineer, Boeing, PMBA Class 25

2 | contact us: 888-622-5115 | mba@wustl.edu

www.olin.wustl.edu/PMBA | 3

Olin Business School PMBA Program Washington University in St. Louis

Rigor and Relevance

Olins PMBA Program is not MBA light, and our students definitely arent interested in following the path of least resistance, says Joe Fox, associate dean and director of MBA Programs. When students complete our program, they really know theyve earned their MBA.

Applied Learning
Throughout your course work, you study business theory, frameworks, tools and techniques. At Olin, we take you outside the classroom providing you with integrative, hands-on experiences. As a PMBA student, youre eligible for any of our applied-learning courses. For example, you conduct consumer surveys and focus groups in the New Product Strategies class, and in Investment Praxis, you assume the day-to-day responsibilities of professional investment portfolio managers. Our applied-learning approach Joe Fox, associate dean and director has been enormously successful, of MBA Programs allowing you to practice and reinforce what you learn in the classroom. As a result, it has been incorporated throughout the curriculum. We were one of the first business schools in the country to establish a formal Center for Experiential Learning, offering a variety of consulting programs that link our students with Fortune 500 corporations, nonprofit organizations, schools and startup companies. By participating in these programs, you gain substantive on-the-job experience, as well as valuable mentors and networking contacts.

Focused Format and Duration

Our PMBA degree requires 54 credit hours, and a majority of our students finish the program in around 2 years. Core (required) classes meet on Tuesday and Thursday evenings for the first four semesters. You may accelerate as soon as the second semester of the core by enrolling in either an extra weeknight elective or one of our unique weekender or weeklong electives. Students who take two classes at a time during the full PMBA Program will finish in exactly three years.

Superior Curriculum
Our curriculum delivers a solid grounding in management fundamentals, with courses in strategy, accounting, economics, statistics, organizational behavior, finance, marketing and operations. In addition, you acquire the critical-thinking, strategic-planning, analytical and leadership skills you need to excel as a manager. A wide range of electives enables you to customize the program to your specific career objectives and interests. Faculty recommendations and student surveys determine the 100-plus elective courses we offer. Examples of current electives are: Mergers & Acquisitions, Strategic & Crisis Communication, Brand Management, Strategic Consulting, and Negotiation & Conflict Management. You can take up to six hours of approved graduate-level electives at other Washington University schools, such as our School of Law or our School of Engineering. If you have interest in a graduate course not included on the approved list, you can bring it to the attention of our PMBA student affairs director.

Change How You Think Advance Your Career

I enrolled at Olin to fill gaps in my tool set, specifically in the areas of accounting and finance. But what I got from the PMBA Program was so much more than quantitative skills. The best takeaway was that it taught me how to think. Now, I look at management problems from a cross-functional perspective and drive solutions that bring real value to my company and customers.
Kevin Dodson, Director of Product Management and Development, Scottrade, PMBA Class 18

Entrepreneurship
PMBA students also participate in our Skandalaris Entrepreneurship Program, which promotes corporate innovation and the commercialization of new business ideas. In the Hatchery course, you work in partnership with entrepreneurs and investors to develop a business plan of your own or one brought to Olin by individuals interested in a startup. At the end of the course, teams present their analyses to a group of business experts with extensive entrepreneurial and venturecapital investment experience. Funding is awarded to select teams to turn their business plans into actual companies.

4 | contact us: 888-622-5115 | mba@wustl.edu

www.olin.wustl.edu/PMBA | 5

Olin Business School PMBA Program Washington University in St. Louis

From left to right: Beth Kabrick Perfusionist Memorial Medical Center PMBA Class 23 Douglas Patchin Systems Engineer Boeing PMBA Class 22

>

How Our Program Works

An introductory strategy course provides a prologue of the PMBA Program, outlining the high-priority business challenges managers face in the marketplace. During your first four semesters at Olin, we introduce you to several key business disciplines, including finance, marketing and organizational behavior. Starting as early as semester two, you select from a wide range of electives to build a program targeted to your academic and professional goals. In addition to the four semesters of required core course work, you take 30 elective credit hours to complete your degree. You are also required to take the final capstone class, MGMT 5320 Strategic Management.

Required Core Courses

Semester 1, year 1 MGT 5301 Intro. to Management & Strategy 1.5 credits OB 5601 Organizational Behavior 1.5 credits OMM 5705 Quantitative Decision Making 1.5 credits MEC 5401 Managerial Statistics 1.5 credits Semester 2, year 1 ACCT 5001 Intro. to Financial Accounting 1.5 credits ACCT 5002 Strategic Cost Analysis 1.5 credits MEC 5406 Managerial Economics 3 credits Semester 3, year 1 FIN 5203 Financial Management 3 credits MKT 5503 Marketing Management 3 credits Semester 1, year 2 OB 5602 Organizational Design 1.5 credits OMM 5704 Operations Management 3 credits Semester prior to graduation MGMT 5320 Strategic Management 1.5 credits

Elective Courses
A sample of the 100-plus elective courses offered at Olin: Investment Theory International Finance Corporate Strategy Managing the Innovation Process Leadership Competence Understanding & Influencing Consumer Behavior Law & Business Management Managing Politics & Power in Organizations Intro. to Entrepreneurship International Marketing Olin Grand Rounds: The Business & Practice of Medicine

A Program That Fits Into Your Lifestyle

My commute to Olin from Springfield, IL, is almost two hours each way and I make the drive two to three times a week. I considered online programs and researched other business schools. The tremendous quality of Olins faculty and curriculum, its smaller class size, and its collaborations with top-ranked Washington University School of Medicine were what swayed me. The PMBA Program has been worth every minute I spend on the road. And the support Ive received from my study group and Student Affairs means I still have time for my husband and home life.
Beth Kabrick

6 | contact us: 888-622-5115 | mba@wustl.edu

www.olin.wustl.edu/PMBA | 7

Olin Business School PMBA Program Washington University in St. Louis

Accelerate Your Degree

The PMBA Program is based on a two-class-per-week, three-year format. However, about half of our students opt to accelerate their studies by taking more than two classes per week, weekend classes or weeklong classes enabling them to complete the program in less than three years. You can begin taking electives as soon as your second semester while youre still taking required course work.

From left to right: Sergio Chayet, PhD Assistant Professor of Operations and Manufacturing Management Olin Business School Meena Philips Systems Engineer Boeing PMBA Class 24

>

The flexibility of the PMBA Program has allowed me to fast-track my business degree. Im taking an extra class each semester to graduate in 2 rather than three years. And Ive been able to accomplish this with little sacrifice to my personal or professional life. In fact, balancing work, study and leisure activities has made me a lot more efficient in my time-management skills.
Meena Philips

>

From left to right: Damola Oshin Area Manager Beer Packaging & Shipping Operations Anheuser-Busch PMBA Class 22 Melissa Arning Physician Outreach Coordinator Barnes-Jewish Hospital PMBA Class 22 John Goodwin Financial Analyst MasterCard PMBA Class 22

World-Class Faculty
Olins faculty and staff are excellent. My professors make courses interesting, engaging and relevant. Ive taken several of the things Ive learned straight to work. And PMBA Program administrators are unfailingly approachable and available, supporting students on a level Ive never seen before.
Damola Oshin

8 | contact us: 888-622-5115 | mba@wustl.edu

www.olin.wustl.edu/PMBA | 9

Olin Business School PMBA Program Washington University in St. Louis

From left to right: Jan Snow Director of PMBA Student Affairs Olin Business School Nic Brinker Associate Vice President and Account Manager GE PMBA Class 23

>

Support Every Step of the Way

Jan Snow, director of PMBA Student Affairs, helps you focus on learning rather than logistics by eliminating unnecessary hassles. To say shes accessible is an understatement. Youll find her roaming the halls before each class session, taking notes, answering questions and offering words of encouragement. She also counsels students on their elective-course selections. In addition to informal, before-class conversations, she holds formal advising sessions and tells students to schedule an individual appointment if they need more information. This level of attention is rare in evening MBA programs. Jan genuinely enjoys her students. She attends new-student orientation and social events like golf tournaments and the Olin After Dark Club a Thursday-night, post-class happy hour, where students, faculty and staff unwind together after a hectic week of work and classes. These interactions allow her to get to know PMBA students and their families. Olins facilities support evening MBA students learning and schedules. Our Student Affairs office is open until 6:30 p.m., Monday through Thursday, and you can receive financial-aid services until 6:30 p.m. each Thursday. Simon Halls library and computer lab usually stay open until midnight, and Caf Olin sells food and beverages in the evening. Simon Hall also provides two spacious student lounges, seminar rooms, faculty offices, small-group study rooms and a host of other amenities. The entire building is wireless-accessible, so you can go online and check your e-mail. Most professors post their lecture notes on Blackboard, an online course-management system. This technology enables you to read course materials, check assignments and store your work. It also lets you correspond with your instructors and classmates from your office, your home or almost any other remote location.

Career Center Services

The Weston Career Center (WCC) staff can help you plan your career progression, explore new markets, update your rsum or refine your interviewing skills. Like our other administrative services, the WCC offers evening hours. The following professional-development services are available to PMBA students: Access to MBA career counselors Job-search libraries and databases On-campus recruiting Worldwide alumni network Networking events Career assessments

How We Enhance Your Job Performance

The finance courses Ive taken at Olin have been particularly beneficial to my job. I have a much better understanding of cash-flow analysis. I can talk intelligently with our company CFOs and actually add to the conversation. I can look at a balance sheet and determine strengths and weaknesses. Bottom line, Ive been able to take on a lot more projects, especially ones that require strong quantitative skills.
Nic Brinker

10 | contact us: 888-622-5115 | mba@wustl.edu

www.olin.wustl.edu/PMBA | 11

Olin Business School PMBA Program Washington University in St. Louis

How to Apply
An MBA degree is a one-time purchase. Consequently, its imperative you get everything you can from your Olin experience. Our goal is for you to advance your career, confident youve become a more effective, responsive and decisive manager. To apply to the PMBA Program, go to www.olin.wustl.edu/pmba/ admissions/. Youll access a step-by-step guide to our online application process and procedures. To be eligible for the program, you must have a bachelors degree from an accredited college or university. The Admissions Committee will assess the quality of your professional experience, as well as the number of years youve been working. We dont require any previous course work in business. An Admissions Committee member may request an interview with you. The Graduate Management Admission Test (GMAT) is required. You must arrange to take the test and have your scores sent to us. To register for the GMAT, go to www.mba.com or call 800-GMAT-NOW. The institution code for Olins PMBA Program is R4T-WG-91. To sit in on a PMBA class something we highly encourage call 314-935-7301. Well assign you a student host. Also, be sure to attend one of our on-campus Information Sessions; for more information, go to www.olin.wustl.edu/pmba/admissions/. Tuition and fees are billed prior to the beginning of each semester. However, Washington Universitys monthly payment plan may be more convenient for you it spreads tuition payments over a 10-month period. You may apply for a loan to cover education-related expenses, including tuition, textbooks, course materials, computer hardware and software. If you need supplemental funds, you should apply for financial aid as soon as possible. For more information, go to www.olin.wustl.edu/pmba/admissions/. For personal financial-aid counseling, contact Kyle Cronan, assistant director of graduate business financial aid, at finaid@olin.wustl.edu or at 314-935-6610.

Other Olin Programs for Working Professionals

The Washington University Executive MBA immerses students in an intense, 20-month weekend learning experience with seasoned professionals, accelerating their personal impact and influence, and positioning executives to drive new levels of business growth and innovation. The Washington University-Fudan University Executive MBA is a partnership with Fudan University in Shanghai, China. This 18-month program gives business executives a U.S. educational experience while they work in China Shanghai, home of Fudan University or Greater Asia. Program faculty members are leaders in their fields, with extensive teaching, research and consulting experience. The nondegree Senior Leadership Program at Washington University equips top-level executives with the tools needed to solve the most critical business challenges; skills to drive long-term sustainable, profitable growth; and the ability to realize their greatest potential as leaders. With Custom Executive Programs, Olin partners with senior management to develop highly tailored, strategic solutions for key groups of executives in organizations around the country. The Olin Partners Program offers a series of one- and two-day seminars for senior and mid-level managers that provide powerful tools managers can apply immediately to their jobs. For more information about Olin executive education opportunities, go to www.olin.wustl.edu/ExecEd.

From left to right: Jenny Moffat Assistant Brand Manager Energizer PMBA Class 22 Hillary Anger Elfenbein, PhD Associate Professor of Organizational Behavior Olin Business School

International Studies
Our Global Management Studies (GMS) course gives you firsthand exposure to international economies and cultures. Students organize the course, which combines faculty instruction with field research, and help select the destination country or countries. To prepare for the two-week study trip, you learn about the areas history, government, customs and business practices. You also develop country-specific consulting projects for corporate clients, such as marketing plans for product introductions, feasibility studies for import/export and investment methodologies for stocks, bonds, joint ventures or real estate. In the past year, GMS students traveled to India, Southeast Asia, China and South America.

12 | contact us: 888-622-5115 | mba@wustl.edu

>

www.olin.wustl.edu/PMBA | 13