EMBA Viewbook 2011-2011

©2010 Vanderbilt Owen Graduate School of Management Vanderbilt is an equal opportunity, affirmative action university.Rev. 09/10

Discover this place. Shape your world.®

owen.vanderbilt.edu

To students:Here is a place where you will be challenged to achieve your potential; find support as you shape your future; discover lifelong friends and mentors; and open doors to new possibilities.

To faculty and staff:Here is a place where you can engage, think, reach, teach, influence people, and transform the world around you.

To business:Here is a place where you will find the men and women who have the skills, the drive, and the determination to move your organization forward.

To alumni:Here is a place that you can call home, build business relationships, and inspire those who follow to reach even higher.

Our Promise

Printed on recycled paper.

Read the rest of Laurent’s story owenworldshapers.com/LaurentCros.html

Vanderbilt Executive MBA

Vanderbilt UniversityOwen Graduate School of ManagementExecutive MBA401 21st Avenue SouthNashville, TN 37203-2422

Telephone: 615.322.3120Fax: 615.343.2293Email: [email protected]: vanderbiltemba.com

On our cover

Laurent Cros Vanderbilt Executive MBA 2010

Sales Manager. Strategist. World Shaper.As someone who has managed sales and customer service for Europe, Asia and North America, Laurent Cros literally has a world of experience. He wanted a world-class business degree to match. After all, says the native of France, “I may return to Europe someday. The Vanderbilt brand is powerful and opens many doors.”

Discover this place.

Shape your world.®

A Vanderbilt MBA with the Executive Edge.

Laurent CrosVanderbilt Executive MBA 2010

Aftermarket Sales Manager, Goss International

Franklin, TN

owen.vanderbilt.edu 1

Kerri Woodberry, M.D.Vanderbilt Executive MBA 2007Plastic SurgeonMurfreesboro, TN

Doctoring Her Medical PracticeAs a child, Kerri Woodberry spent countless hours putting together puzzles. Today, as a Johns Hopkins- trained plastic surgeon, specializing in hand reconstruction, she helps piece together disfigured bodies and lives.

After establishing a successful practice, she realized that one piece was still missing. To obtain the business knowledge that would help her operations reach the next level, she decided to pursue a Vanderbilt MBA.

Along with the knowledge she gained, what particularly impressed Dr. Woodberry was the way “Vanderbilt prepares you for a leadership position by emphasizing leadership skills, human relations skills, group projects and teamwork.”

The team dynamic paid fast dividends. During a Transforming Operations class, Kerri’s peers chose to study her medical practice. She was able immediately to implement a number of the recommendations they made. “The changes improved efficiency and provided better patient flow,” she says. “I was thrilled to see such major benefits from small changes in my organization.”

Read more World Shaper stories at owenworldshapers.com

What does it mean to shape your world?

WORLD SHAPERS

At the Vanderbilt Owen Graduate School of Management, it means you enter a unique, close-knit community that equips you for leadership in business. You open doors to a new world of possibilities. You shape your thinking and your career trajectory. It means you can create your own future in ways that align with your career goals and, perhaps, in ways that you never imagined.

From Day One, it means you are empowered to make a difference in your organization, your community, your industry, your world. You will be encouraged to go beyond old boundaries, rigorously challenged to work harder and accomplish more than you thought possible, and supported both here and wherever you ultimately go, by an extended community of colleagues, mentors and alumni.

Thousands of individuals—faculty and staff, students, alumni and business practitioners—with different priorities, diverse interests and divergent needs have discovered this place and, from it, have shaped their worlds…and, in doing so, our world.

Contents

The Vanderbilt Executive MBA Advantage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2Program Design and Curriculum . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8Class Profile . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16Return on Investment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20Faculty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24Admissions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26About Us . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28

Distinctive: A Real Vanderbilt MBA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6Distinctive: The Executive Edge . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14Distinctive: Cross-Functional C-Teams . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18Distinctive: Apply-it-now Experiences . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22

You will earn a real 60-credit-hour MBA from Vanderbilt University, a highly ranked university with global prestige.

You will benefit from a program design and curriculum that go far beyond a typical Executive MBA program. Vanderbilt’s Executive Edge

focuses on the Advanced Financial Frameworks, Strategic Skills and Vision, and Leadership Development insights that increase your value to and magnify your versatility within your organization.

You’ll be among a class of outstanding and influential peers from a variety of organizations and industries.

You’ll enjoy open-door access to the same renowned faculty stars who teach in the Vanderbilt MBA program.

You can pursue your degree with the least possible disruption to your career with classes that meet on Saturdays twice a month.

1

42

3

17 reasons our executive students and alumni recommend Vanderbilt for an MBA.

You will gain immediate ROI. Despite the worst economy in years, graduates of the

Executive MBA Class of 2010 reported an average 20 percent salary increase during the two years of the program.

Your organization will achieve great ROI, too. Executive MBA students in the Class

of 2010 expect that their sponsoring organizations will achieve payback in just 18.6 months.

You will be able to capitalize on a variety of Apply-it-now Experiences that allow you to

build on a foundation of knowledge and then immediately apply it to your business challenges.

The entire program focuses on your success. We start with pre-application counseling to ensure that you’re a good fit for the program and that you will be able to work alongside first-rate colleagues in the demanding C-Team environment.

Designed for seasoned professionals who want that “executive edge,” the Vanderbilt Executive MBA offers

a rigorous, world-class 60-credit-hour MBA. Meeting two Saturdays per month over a 24-month period, you

will gain critical cross-functional perspectives and executive decision-making skills amid accomplished peers

who are in similar positions of influence in their organizations. Why disrupt your career momentum or settle

for a lesser degree?

2 owen.vanderbilt.edu

An MBA that gives you the experience and broad perspective to succeed in senior management.

Turn the page for more reasons

“The Vanderbilt Executive MBA program is

hugely relevant. I experienced tremendous

returns for my company, even after only one

semester at Owen. I have decided that the

program is not expensive, but engaging in

business without it is.”

5

7

8

9

Alan ApplonieVanderbilt Executive MBA 2008Chief Operating OfficerTaylor Farms PacificTracy, CA


6 You will grow by becoming part of a cross-sectional “C-Team” of carefully matched peers whose expertise

and perspectives differ from one another.

10

THE VANDERBILT EXECUTIVE MBA ADVANTAGE

17 You’ll be in a great city that offers easy access to many locations in and out of Tennessee. Nashville is within

a three-hour drive or a quick, direct flight from major markets in the Southeast, New York, D.C., the Midwest and Southwest.

Because of a distinct emphasis on leadership development and the goal of equipping you to succeed in senior management,

you’ll have access to industry tools and diagnostics used by Fortune 500 CEOs to master strengths and minimize derailers.

Owen is competitive but it’s even more collegial, a rare quality among B-schools. Our class size—an average of 50 students—

and comprehensive evaluation of prospective students during the admissions process help to build and preserve a collaborative and warm environment.

Your family is part of our family. The support provided by spouses, partners and children is vital to your success, and we work hard to acknowledge and celebrate their contributions by welcoming them to events throughout the year.

Jamie ScarbroughVanderbilt Executive MBA 2005Director, Global Sales OperationsSecurity, Government & Infrastructure (SG&I) DivisionIntergraph CorporationNashville, TN

“How valuable was my Vanderbilt experience? By the end of year one of

the EMBA program, my employer could see the benefits it was bringing

to me and my customers. They not only started partially supporting me

financially, they assisted with my first semester student loans. Even my

current job came from a classmate at Vanderbilt.”

4 owen.vanderbilt.edu owen.vanderbilt.edu 5

There’s no absolute guarantee you’ll love the program, but satisfaction scores from students and alumni are exceptionally high. As proof, a

full 100 percent of the 2010 graduating class contributed to their class gift.

You’ll benefit from a highly supportive network of students and alumni around the world—business leaders and entrepreneurs, near and far—who

will help you while you’re in school and throughout your career. Wherever you want to go, we’re there. You’ll gain a global perspective that’s critical in

today’s business world. While courses throughout the program integrate a global viewpoint, a full 15 percent of the curriculum focuses solely on cross-border decisions and issues.13

11

12

16

1514Learn More owen.vanderbilt.edu

THE VANDERBILT EXECUTIVE MBA ADVANTAGE

A r e a l V A n d e r b i l t M b A


Michael GarofaloVanderbilt Executive MBA 2008VP of FinanceArchitectural GraphicsVirginia Beach, VA

“When people see I received my MBA

from Vanderbilt, it immediately puts

me in a higher status. I now can

review a company’s financial statements

and have a good feel for its financial

health and estimated value. I can

look at a company in its entirety, from

marketing and pricing philosophy to its

strategic and human resource alignment,

and assess whether it is heading in the

right direction.”

Not all executive programs that bear the name “MBA” offer the benefit of a renowned MBA degree such as Vanderbilt’s. If you’re looking for the academic rigor of a full, 60-credit-hour world-class MBA program uniquely tailored to the needs of those already in or aspiring to senior management positions, then you’ve come to the right place.

Earn a full, 60-credit-hour MBA from Vanderbilt.

The Vanderbilt Executive MBA program meets two Saturdays per month over a 24-month period. Without disrupting your career momentum or settling for a lesser degree, you will gain the confidence to lead organization-wide decision-making.

With a focus on advanced financial frameworks, critical strategic visioning and leadership skills, you will benefit from a program design and curriculum that go far beyond a typical Executive MBA program. You will earn an immediate return on your investment with practical insights and experience that you can apply to your management job on Day One.

Earn your MBA from a university recognized around the world.

Learn More owen.vanderbilt.edu

DISTINCTIVES

An integrated and applied curriculumThe Vanderbilt Executive MBA curriculum begins with a deep core of integrated course work—a strong foundation of statistics, plus organization management, finance, accounting, economics, operations and marketing that each accounts for 10 percent of the curriculum. In the second year, the curriculum provides Capstone Courses that help to synthesize all that is learned to that point. These courses, above all, prepare students for the big-picture responsibilities of setting strategy, creating and leading a new business venture and managing in a global environment.

A focus on leadership and strategyWith a purposeful, programmatic focus on strategy and leadership, Vanderbilt Executive MBA students emerge from the program with the “Executive Edge,” the higher-level skills needed to navigate against competitors and win; spur growth and profitability; identify process improvements and deconstruct barriers to innovation; create value throughout the organization; and lead an organization through times of turbulence and change.

Ingrid Calvo Vanderbilt Executive MBA 2009International Corporate Controller, Gibson Guitar, Nashville, TN

Energizing Her CareerYou can’t get much more “global” than Ingrid Calvo’s position.

She serves as international controller for the world’s most renowned guitar manufacturer. To meet the challenges of such a fast-paced

environment, she says, “today’s business leaders need a degree that transcends textbooks and the classroom to provide real-life

business application.”

That’s what she found in the Vanderbilt Executive MBA. The program not only equipped her with “cutting-edge business knowledge…

The Vanderbilt MBA for executives— built especially for those aspiring to or already at the top.


Highly demanding. Intensely rewarding.

A unified experienceThe Vanderbilt Executive MBA is a lockstep program with all students completing required course work in sequence with classmates. The unified nature of the program maximizes the shared learning experience and ensures continuity for C-Teams as they assimilate diverse experiences and industry perspectives to deliver on the program requirements.

A collaborative classroomUnlike typical MBA students who average five years of work history, Vanderbilt Executive MBA students have an average of 12 years of experience in the workforce. As a result, our Executive MBA students bring a level of business maturity, diverse perspectives and varied experiences to the classroom that fuel and enrich the learning experience. Vanderbilt professors are adept at using the collective experience of the class to identify and discuss ways that theory can be applied to real-time organizational opportunities and challenges.

Steve Brooks Vanderbilt Executive MBA 2008 President, Bridgestone Americas Manufacturing Group

Nashville, TN

Tire Manufacturer. Question Asker. World Shaper.Steve Brooks was ready to move up. He’d put three daughters through college; two

went through grad school as well. Then, he decided, “It was my turn.”

An MBA seemed to be the right choice and his friends recommended the Executive MBA at Vanderbilt. He’d seen co-workers earn their

MBA through Vanderbilt’s executive program and move into senior management…

Read the rest of Ingrid’s storyowenworldshapers.com/IngridCalvo.html

PROGRAM DESIGN AND CURRICULUM

Read the rest of Steve’s story owenworldshapers.com/SteveBrooks.html

A global perspectiveFew businesses today are immune from influences abroad. Through a three-course sequence dedicated to doing business internationally—including a required International Residency during the second year—Vanderbilt Executive MBA students graduate with the ability to guide a company in a global marketplace.

An education that transcends “book smarts”Much of what you will acquire in this program transcends what you can glean from a textbook: teamwork; creative problem-solving skills; strategic and analytical thinking; time management; decision making with imperfect information; and an appreciation for differing opinions and perspectives. These skills and behaviors will endure long after the books have been put on the shelf.


Starting in August of Year One and ending in July of Year Two, the Vanderbilt Executive MBA program is cleanly segmented into fall, spring and summer semesters with allowances for semester breaks and holidays. In addition to two Saturdays per month, two one-week residencies are incorporated into the program—a Week-in-Residence at the beginning of Year One and an International Residency in the spring of Year Two.

YEAR ONE—Provides you with a solid foundation of management essentials, theory and application. Many Executive MBA programs stop here. Vanderbilt doesn’t.

YEAR TWO—Elevates these topics to CEO level by focusing on strategic aspects of managing the entire organization as well as its functional areas.

Navin Karwande Vanderbilt Executive MBA 2009 Director, Non-Automotive Programs, Tower Automotive, Detroit, MI

Plant Manager. Decision Maker. World Shaper.Navin Karwande knew Vanderbilt had a globally recognized Executive

MBA program. In fact, that was one of the reasons he relocated to the Nashville area as he considered how to acquire skills he would

need to prepare himself to improve his career.

Right away, Navin says, he—and his employer, an automotive supplier—began noticing that Owen’s core courses in statistics, accounting, finance and leadership were making an impact on

his performance and that of the plant. With his improving…

A rigorous program with courses that build logically, integrate seamlessly.


Two Saturdays per month. Two one-week residencies. Two years.

Read the rest of Navin’s story owenworldshapers.com/NavinKarwande.html



(x) = credit hours Curriculum subject to change

* Graduation celebration immediately follows successful completion of the program; dates for Vanderbilt commencement exercises are established by the university and may lag.

Leadership (2)

Global Enterprise I (2)

Financial Accounting (4)

Corporate Financial Policy (2)

Managerial Economics (4)

Transforming Processes (2)

Managerial Statistics (4)

Strategic Alignment of Human Capital (2)

Managerial Finance (2)

Strategy Project I (2)

Operations Management (4)

Business Strategy (4)

Organizational Behavior (2)

Global Enterprise II (4)

Managerial Accounting (2)

Marketing Strategy (2)

Corporate Value Management (2)

Special Topics in Executive Management (2)

Marketing Management (4)

Strategy Project II (2)

Macroeconomics (2)

Negotiation (2)

Executive MBA Curriculum at a GlanceYear One

Year Two

FALL

FALL

SPRING

SPRING

SUMMER

SUMMER

Wee

k-in

-Res

iden

ceSu

mm

er B

reak

Win

ter

Brea

kW

inte

r Br

eak

Spri

ng B

reak

Inte

rnat

iona

l Res

iden

cy

Sum

mer

Bre

ak

Gra

duat

ion*

Creating and Launching the Venture (2)

Executive MBA Program Schedule

7:00 AM – 7:50 AM Continental Breakfast at Owen

7:50 AM – 9:20 AM Class

9:30 AM – 11:00 AM Class

11:00 AM – 11:50 AM Lunch at Owen

11:50 AM – 1:20 PM Class

1:30 PM – 3:00 PM Class

3:00 PM – 3:20 PM Snack Break

3:20 PM – 4:50 PM Class

5:00 PM – 6:30 PM Class

Every Other Saturday

You will benefit from an innovative Saturday schedule that allows you to earn a Vanderbilt MBA without disrupting your career momentum.

Optional: One Friday per month, 6:30 PM – 8:00 PM, Leadership Development Series

Staci Springer is an up-and-coming engineer at a multinational industrial lubricant company. When the Vanderbilt Executive MBA program required attendance on both Fridays and Saturdays, she was reluctant to apply; she didn’t want to ask for Fridays off in the midst of a tough economy.

That all changed in 2009 when the program’s format shifted. “As soon as I saw the Saturday-only schedule, I hit the ‘submit’ button on my application,” says Springer, who will graduate from Vanderbilt in 2011.

The Saturday Schedule.Making it possible to earn an MBA.

Strategy. Global Perspective. But first, an immediate and intensive immersion. Week-in-Residence at New HarmonyVanderbilt students begin their Executive MBA experience with a rigorous one-week residency in New Harmony, Indiana. Intentionally remote from the everyday demands of personal and professional life, this historic community provides the perfect backdrop for full immersion in the program from the outset.

The Week-in-Residence eases the transition to the alternating Saturday class format of the program and provides students with time to get to know one another and the Executive MBA faculty. It also allows time to become acquainted with the objectives and mechanics of the program, to regain and refresh valuable perspectives on being a student, and to begin the C-Team routines such as setting expectations for performance, strategies for studying and when and how often members will meet and communicate with one another. Additionally, key classes— Executive Leadership, Managerial Accounting, Statistics and Managerial Economics—are launched.



“The experience at New Harmony was a

tremendous way to jump-start the Executive

MBA program and prepare me for the next two

years. By removing the distractions of technology,

it provided the opportunity to focus not only on

the new material we were introduced to but also

on building relationships with my classmates that

have lasted, and will continue well into the future.”

Heather Diebold Executive MBA 2007 Senior Auditor, Caterpillar Financial Services Nashville, TN


Business Strategy Sequence A hallmark of the Vanderbilt Executive MBA program is the year-long Business Strategy Sequence that takes place throughout the second year of study. The sequence is comprised of two in-class experiences—one in the fall, one in the spring—and a C-Team consulting project with a client company that runs throughout the year and is completed during the summer, just prior to graduation.

Like other Executive MBA courses, the classroom component of the Business Strategy Sequence emphasizes learning by instruction—lecture, reading, case analysis and facilitated discussion. In contrast, the Strategy Project is defined as learning by construction—a total immersion experience in which students are challenged to call upon all of the tools and concepts learned to date and build an integrated strategic plan for a real client company.

International Residency During the spring of the second year, each Executive MBA class participates in a group immersion experience outside the United States. This week-long International Residency is an integral and final part of the three-part Global Enterprise sequence and ensures that classroom discussions and theory are brought to life in an effective and compelling manner.

Typically, the International Residency consists of visits to ten corporations in one or two host countries; these may be satellite offices of companies that are headquartered in the U.S., or local, regional or international companies that are based in these countries. Regardless of city or country, the purpose of these extended, in-depth corporate visits is to understand and discuss the differences and complexities inherent in doing business in the global marketplace, including such things as

staffing; financial, legal and political structures; economics and social customs.

T h e e x e c u T i v e e d g e

If you are serious about your career climb, you will need the Executive Edge.

While all programs offer the basic Management Fundamentals,

Vanderbilt adds essential layers to help you achieve your full potential as an executive: Advanced Financial Frameworks,

Strategic Skills and Vision, and Leadership Development.

An Executive MBA designed with the view from the top.


Patrick Quirk Vanderbilt Executive MBA 2009President and COO, Integr8 Networks, LLCHuntstville, AL

Technologist. Transformer. World Shaper.With more than 20 years in telecommunications, networking and semiconductors, Patrick Quirk’s experience ranged from early-stage startups to Fortune 100 companies—most recently in Ireland as general manager of European engineering operations for LSI.

But as an engineer by background, Patrick saw gaps in his knowledge of finance, accounting and strategy—gaps he needed to fill both to handle his steadily increasing responsibilities and equip himself for new ones. The Vanderbilt Executive MBA program, which he chose for its reputation in all three areas, required a challenging balance between work, school and family. One solution involved joint study time with his sons as they all did their homework together.

Along with the skills he sought, Patrick says he gained the leadership and analysis tools to guide decision-making. Those skills played a role in another big decision, too. In 2003, he had formed a side business, Integr8 Networks, to help clients incorporate connectivity and networking into their products. During his first year in the EMBA program, Patrick left LSI to focus on transforming his company from consulting to technology development. “My time at Owen,” he says, “empowered me to see beyond the information and discover the trends, enabling me to shape my world rather than be shaped by it.”

Read more World Shaper stories atowenworldshapers.com

The Executive

Edge

Leadership

Strategic Skills and Vision

Advanced FinancialFrameworks

Management Fundamentals


DISTINCTIVES

Ravi Chari, MD Vanderbilt Executive MBA 2008Chief Medical OfficerCentennial Medical Center Nashville, TN

Mary Speciale Vanderbilt Executive MBA 2010AVP, System Consolidation for HospitalsHCANashville, TN

Mario Ramos Vanderbilt Executive MBA 2010VP EngineeringSchneider ElectricNashville, TN

Brad Tidwell Vanderbilt Executive MBA 2010Engineering Manager ADTRANHuntsville, AL

Michael Erickson Vanderbilt Executive MBA 2010Corporate Director of IT, Infrastructure and SecurityBaptist Healthcare System Louisville, KY

Physicians and Other Health Care PractitionersIn any given year, about one-fourth of an Executive MBA class is comprised of professionals from the health care industry, many of whom are physicians or clinicians such as those involved in administration or health care operations. All are individuals who want to move beyond the “practice” to the business of setting strategy or launching a new venture and leading and motivating an organization.

Michael PianaVanderbilt Executive MBA 2010VP of Sales and Chemical EngineerNachurs Alpine SolutionsMemphis, TN

Jennifer Hutcheson Vanderbilt Executive MBA 2007VP, Corporate Accounting & Tax Gaylord EntertainmentNashville, TN

Troy Williams Vanderbilt Executive MBA 2010Solutions Sales Manager, National AccountsGE HealthcareFranklin, TN

Finance & Accounting, Sales & Marketing and Other ProfessionalsApproximately 20 percent of Executive MBA students come from a finance and accounting background with another 15 percent from sales and marketing. In addition, every year a class will boast other types of working professionals such as attorneys or architects. In all cases, these students find that this program provides the broad perspective needed to understand and take on roles that impact functional areas other than their own.

Steve GruverVanderbilt Executive MBA 2002PresidentOrchid InternationalNashville, TN

EntrepreneursEvery class has a handful of entrepreneurs. They include individuals who already own and operate a business and are looking for opportunities to envision and realize significant growth plans as well as those who, by virtue of the Executive MBA program, see the potential for a more fulfilling career by launching their own venture.

Engineers and IT ProfessionalsApproximately 40 percent of a typical Vanderbilt Executive MBA class are engineers by training. They are generally men and women who have risen to positions of authority through their technical prowess and find themselves in need of the skills and mindset to lead teams and organizations toward shared goals.

Who chooses Vanderbilt for an MBA?


CLASS PROFILE

Industries Represented

Job Function

Functional TitleCorporate Officer 19%

Senior Manager 25%

Middle Manager 35%

Professional (doctor, lawyer, etc.) 21%

SponsorshipFull Tuition 13%

Partial Tuition (average amount $10,000/year) 42%

Self-funded 45%

Academic BackgroundAverage GMAT 610

80% range “Typical GMAT Range” 540 - 670

Educational Background

Engineering 41%

Liberal Arts 23%

Business/Management 18%

Science/Technical 18%

Health Care/Biotechnology 31%

Manufacturing 19%

Financial Services 13%

High Tech 6%

Other* 31%

General Management/ Entrepreneurship 40%

Finance/Accounting 23%

Sales Mgmt./Marketing 15%

Operations/Quality Mgmt. 11%

Information Systems Mgmt. 11%

31%

11%

19%

23%

13%

15%

6%

11%

31%

40%

DemographicsClass Size 48

Average Age 36

Average Work Experience 12 years

Work Experience Range 5 - 40 years

Advanced Degrees 19%

Married 66%

Women 19%

Executive MBA Class of 2012

* Includes Consulting, Telecommunications, Consumer Products, Energy, Environment, Government, Nonprofit

Experience the view from the corner office.

At Vanderbilt, you will complete much of your work as part of a “C-Team” of

distinguished peers—successful managers and executives from a variety of industries

who average 12 years of experience. These cross-functional teams, recruited carefully

and assigned at the beginning of the program, are carefully balanced to include diverse

backgrounds and experience—such as finance, operations, marketing and sales,

information technology and engineering, and human resources—that you’d find in a

typical organization’s C-suite.

As a result of interactions with your team, you will widen the lens through which you view problems and opportunities, preparing you to move

beyond your previous established career specialization and emerge as a leader who

understands the bigger picture of your organization as well as the smaller ones. No

wonder that our Executive MBA students and alumni often say their colleagues are

also some of their best teachers—and that the C-Team dynamic makes all the

difference between knowing and understanding.

Expect to learn from your peers as well as your profs.


C R O S S - F U N C T I O N A L C - T E A M S

Chris Downs Vanderbilt Executive MBA, Class of 2011Software EngineerYahoo! Brentwood, TN

“The C-Team teaches executive

decision making and people

management, while the courses

provide a solid quantitative

foundation. The combination

prepares us to be better leaders.”


DISTINCTIVES

ROI for you.Organizational credibilityVanderbilt Executive MBA students find that they earn higher standing in the workplace, resulting in frequent invitations to contribute to organizational initiatives and functions in new, meaningful ways.

Recognition by those at the topThe program is designed to give all students—even those who are not sponsored—stretch assignments that will catch the attention of the management team and benefit the company in new ways. And a Personal Capstone Project will encourage dialogue with executives at work.

Career and salary growthDespite the worst economy in years, students in the Executive MBA Class of 2010 reported an average 20 percent salary increase, well above the standard cost-of-living adjustment for their companies before graduation.

Self-awareness and confidenceGraduates cite a dramatic increase in their time management skills as well as their self-confidence and the knowledge that they have the capabilities to set and achieve aggressive personal and organizational goals.

ROI for your organization.Immediate solutions to pressing issuesFrom Day One, Vanderbilt Executive MBA students are able and encouraged to apply classroom and project learning to real-time issues and opportunities at the office. Along with their own insight, they bring the best practices of their accomplished peers and distinguished Vanderbilt faculty.

An increase in the bottom lineCritical theories coupled with practical and provocative discussions prompt students to question “business as usual.” This questioning—when focused on a company’s cost structure, sales and marketing strategies, and manufacturing processes—often results in million-dollar benefits to the bottom line.

Long-term loyalty of prized employeesStudies have shown that graduates of the Vanderbilt MBA program for executives remain loyal to their current employers, regardless of level of sponsorship. If not through tuition, companies tend to reward these employees at a level that motivates loyalty.

Greater bench strengthVanderbilt Executive MBA students offer employers new ideas and perspectives, new talents and vast resources in the way of access to Vanderbilt faculty, a strong alumni base and the databases and support services of a world-class business library.


Vanderbilt Executive MBA students represent a wide range of backgrounds, industries and organizations,

from sole proprietorships to Fortune 50 companies. Below is a partial list of firms they represent.

AUTOMOTIVEARC AutomotiveAutoZoneBridgestoneCummins-Fleetguard Ford Motor Credit General Motors NissanPhelps DodgePilot Travel CentersSmith’s High Tech Automotive Tower Automotive

CONSTRUCTION AND REAL ESTATEActus Lend LeaseAlex S. Palmer & CompanyBargeWaggoner Sumner & CannonJones Lang LaSalleTerra Pacific Midwest

CONSUMER GOODS AND RETAILBatesville Casket Big Time ToysBrown-Forman C. R. GibsonDollar General Corporation Gibson Guitar Home DepotMars PetcarePepsico (QTG Sales)Procter & GambleSara LeeU.S. Smokeless TobaccoWackenhut ServicesWilliams Sonoma

EDUCATION AND NONPROFITNational Association of State Boards of Accountancy (NASBA) National Federation of Independent Business (NFIB)University of PennsylvaniaUniversity of Tennessee Research FoundationVanderbilt UniversityWebb School

ENERGYDRS Test & Energy ManagementEl Paso CorporateExxonMobil CorporationJackson Energy AuthorityShell OilTVA

ENTERTAINMENT AND HOSPITALITYGaylord EntertainmentHarrah’s EntertainmentHilton Hotels Ingram EntertainmentMarriottMGM/MirageMTV NetworksO’Charley’sVideo Gaming TechnologiesWyndham

FINANCIAL SERVICESAIG/American GeneralAllstateAmerican Service GroupBank of AmericaBankers TrustBPS&M (Wells Fargo)Caterpillar Financial Services CheckFree Direct GeneralFirst Tennessee Bank FiserveFord Motor CreditIndependence Bank (Memphis)Independence TrustMorgan Keegan SunTrust BankUnum Provident

HEALTH CARE, PHARMACEUTICAL AND BIOTECHAllerganAmgenAventis PharmaceuticalsBaptist Healthcare SystemsBaptist Memorial Health Care

Baxter Health CareBiotherapeuticsBlueCross BlueShield of Tennessee Bristol-Myers Squibb Cardinal HealthCommunity Health SystemsDaVitaEli Lilly EmdeonFocus Healthcare ManagementFuji Film Medical SystemsGE HealthcareGlaxoSmithKlineGlobal Healthcare ExchangeHCAHealthcare Management Systems (HMS)Healthcare Performance PartnersHealthLeaders/InterStudyHealthStreamHealthwaysHumanaJohnson & JohnsonKing PharmaceuticalsMead Mead, JohnsonMedical Center (Bowling Green)Paradigm Management ServicesParkway Medical CenterPfizer Physical ResourcesPSI Medical ServicesSchering Plough (Organon Pharmaceuticals)Skyline Medical CenterSmith & Nephew Solvay PharmaceuticalSt. Thomas HospitalSurgical Group of Nashville Symbion HealthcareTakeda PharmaceuticalsVanderbilt University Medical Center

MANUFACTURING AND CONSUMER DURABLESAvery Dennison BoeingBoschBridgestoneCarrier Cummins-FleetguardDuPontEastman Chemical Eastman Kodak Fuchs LubricantsGE AppliancesGeneral Motors International PaperJohnson Controls LP Building ProductsMotorolaPlymouth Tube PPG IndustriesRaytheonSchneider Electric/Square DSiemansSoutheastern Manufacturing EnterprisesSumiden Wire ProductsTrue Temper SportsVulcan Materials

SERVICE (AND OTHER) FIRMSArvinMeritorCentral ParkingCrosslin & Associates Deloitte ConsultingEmergency Services NetworkFirst Consulting GroupIngram Book GroupIngram IndustriesInternational Management AssociatesKPMGKraft Corporate Recovery ServicesNational Association of Small Business of America (NASBA)Ozburn-Hessey LogisticsPinpoint Recruiting GroupRyder Integrated Logistics

TECHNOLOGY AND TELECOMMUNICATIONSAOLAsurionAT&TCiscoComdataDellEdgenet, Inc.EDSIBMiGATE Global SolutionsIntergraphOptimum Technology SolutionsOracleService Source InternationalTeledyne Electronic TechnologiesUnited Technologies Verizon Wireless

TRANSPORTATIONCovenant TransportFedExNacarato Volvo & GMC TrucksVickers Transportation

U.S. GOVERNMENT AND DEFENSE SERVICESAgility Defense and Government ServicesArmed Services Mutual Benefit AssociationU.S. ArmyU.S. Department of EnergyU.S. Navy Westar Aerospace & Defense Group

Employer Organizations

RETURN ON INVESTMENT

Immediate and sustainable benefits. For you. For your company.

Just ask any of the companies represented by our graduates.

Nancy Abbott, Vanderbilt Executive MBA 1991Vice President, Human Resources GE Commercial Finance, Stamford, CT

“The program prepared me to transfer to new functions by broadening my skills in areas where I had gaps and broadening my perspective in general. I also built confidence that I could take on tough, new challenges and succeed. The Executive MBA was a good investment for my company and a great one for me.”

Bruce Brockenborough, Vanderbilt Executive MBA 2001President Hannan Supply Company, Paducah, KY

“There is no doubt that my organization has received an excellent return on its investment. Every day I draw upon my Owen experience to navigate the challenges of management. The real surprise was that these same skills make me a better leader in my family and community. In short, I entered Owen to acquire enhanced financial management skills. I left a better person.”

Gain immediate ROI by applying what you learn on Day One.

The Vanderbilt program offers a number of Apply-it-now Experiences designed to

widen your perspective and allow you to build on the knowledge you gain.

Over the course of two years, you will...

• CompleteaBusinessStrategyProjectaspartofayear-longstrategysequence.

Your C-Team will work with a company of your choosing to create a comprehensive

strategic plan for the organization.

• WorkwithyourC-Teamtoapplyclassroomlearningtoarealproblemfacingone

of your employers. For example, you might seek to revise an incentive plan that

inadvertently leads to undesired behaviors (Managerial Economics); redesign a supply

chain process (Transforming Processes) or build a new spreadsheet model that

provides better information for management decisions (Managerial Accounting).

• TakeonaPersonalCapstoneProjectthatallowsyoutoshowcaseyourcapabilities

within your organization, addressing an issue, initiative or opportunity that will move

your company forward.

• HavetheopportunitytodevelopaNewVenturebusinessplanfromscratchthatwill

help you prepare and present your ideas to venture capital firms for financing.

Beth TorresVanderbilt Executive MBA, Class of 2011VP of DevelopmentJunior Achievement of Middle TennesseeNashville, TN

Beth is the recipient of the Owen School and Center for Nonprofit Management tuition sponsorship, awarded annually to one Middle Tennessee nonprofit executive who meets all Vanderbilt Executive MBA admissions requirements.

“In business today there is as

much focus on efficiency as

there is on growth. At Junior

Achievement, we are equally

responsible for creating value

for our donors and delivering

quality programming to

the young people we serve.

My education at Vanderbilt

has already helped me identify

and articulate unique benefits

to offer community supporters.

At the same time, discussions

with professors and classmates

have helped me streamline the

funding processes, resulting

in a stronger return on our

donors’ investment. This has

positioned us to increase our

student reach because creating

value makes us a better

community partner and more

attractive to new donors.”



DISTINCTIVES

A p p ly- i t - n o w E x p E r i E n c E s

Make an impact in your organization with beyond-the-classroom learning opportunities.

Bill Christie, Frances Hampton Currey Professor of Finance; Faculty Director, Executive MBA; Professor of Law

Bill Christie’s studies of the major financial markets in the mid-1990s concluded that NASDAQ market makers were implicitly

colluding to maintain artificially high trading profits at the expense of investors. His research resulted in sweeping reform of the NASDAQ market, introduction of the SEC Order Handling Rules, and a $1.027 billion settlement against the defendants. Bill won first prize for outstanding papers published in the Journal of Finance based on this research. He is a five-time recipient of the EMBA Teaching award and was ranked either first or second among star faculty in each BusinessWeek ranking from 1992 through 2000.

Dick Daft, Brownlee O. Currey, Jr. Professor of Management

Dick Daft is a noted expert in change management, organization behavior, organization design and leadership and serves as the “Group Doctor” for the Executive MBA program. He has published

12 books, including the newly released The Executive and the Elephant— and dozens of articles on these subjects. He also developed and managed the Center for Change Leadership. Dick’s books on organization management and leadership are the most widely used in their categories at business schools around the world.

Ray Friedman, Brownlee O. Currey Professor of Management

Ray Friedman is an expert in human organizational behavior focused on understanding how cultural differences and backgrounds influence both negotiation

and conflict resolution. He is also a leading expert in Chinese management, focusing on conflict styles, negotiation arbitration and biculturalism in management.

Luke Froeb, William C. Oehmig Associate Professor in Entrepreneurship and Free Enterprise

Luke Froeb joined the Owen faculty in 1993 as an expert in the economics of competition policy. From 2003 to 2005, he was appointed

Director of the Bureau of Economics at the Federal Trade Commission, where government antitrust agencies widely used his merger models to predict anti-competitive behavior.

Nancy Lea Hyer, Associate Professor of Operations Management

Nancy Lea Hyer’s work in the academic and business communities has focused on cellular manufacturing, process redesign and project management, including a successful career

at Hewlett-Packard. She is also the co-author of Reorganizing the Factory: Competing through Cellular Manufacturing, which captured the 2003 Shingo Prize for Research in Manufacturing.

Dawn Iacobucci, E. Bronson Ingram Professor in Marketing

Dawn Iacobucci, who joined the Owen faculty in 2007 after spending the previous three years at Wharton, is a renowned expert on networks, customer satisfaction, service

marketing and quantitative psychological research. Iacobucci’s recent textbook, MM (Marketing Management), is quickly gaining critical acclaim.

Craig Lewis, Madison S. Wigginton Professor of Finance

Craig Lewis, the Finance-area coordinator, joined the Owen faculty in 1986 and has been widely published since that time on such financial issues as volatility, debt and capital

structure. His interests include equity analyst behavior, the security issue process and corporate financial policy.

Brian McCann, Associate Professor of Strategic Management

Brian McCann is an expert in strategic management and entrepreneurship. He joined the Owen faculty in 2009 after completing his PhD in strategic management

from Purdue and is a co-author, with Luke Froeb, of the leading textbook Managerial Economics: A Problem-Solving Approach.

The finest scholars, researchers, teachers and practitioners make up Vanderbilt’s accomplished faculty.

Educated at the best universities and seasoned with significant experience, these faculty members

are in demand as conference speakers and panelists, consultants, authors and referees for prominent

academic journals and experts for leading media outlets.

Faculty selected for the Executive MBA program are even a cut above:

they are skilled at drawing out the wisdom from the collected

intelligence and experience of students in the classroom and

are adept at responding to the unique questions, challenges

and issues that arise. From these faculty members known for

easy accessibility and their collaborative approach to teaching

Executive MBA students, you will gain cutting-edge knowledge

of how business theory and practice come together.

Here, great professors are also great mentors, advisers and friends.

Shape your career with teachers who do more than just teach.

FACULTY


Bruce Cooil The Dean Samuel B. and Evelyn R. Richmond Professor of Management

Bruce Cooil has wide-ranging business and academic experience as a statistical modeler. He has worked with health care firms, including HCA, Solucient, TeamHealth, Tennessee

Oncology, and LIFETEST to create models for the delivery of more effective health care services

and to develop forecasts of mortality and morbidity rates. In the area of marketing

research, he has worked with Ipsos Loyalty and AT&T. Bruce has also written

and consulted on medical malpractice and automobile insurance claims and

indemnities, and has developed predictive insurance models for AARP and the Robert

Wood Johnson Foundation.


Meet Executive MBA Faculty owen.vanderbilt.edu

Admissions events and activities.Preview DaysPreview Days offer the most intensive insight into the Vanderbilt Executive MBA experience; if you are seriously considering this degree, this three-hour time investment is a must. You will have a chance to talk with current students and get candid answers to your questions from a panel of alumni. You will participate in a sample class with Vanderbilt’s business faculty. All Preview Days are held on the Vanderbilt campus in Nashville.

Information SessionsThese informative sessions are hosted in cities that are within easy commuting distance of Nashville. You will meet Executive MBA staff and local alumni who will cover all of the basic facts of the program—benefits of the program, profiles of students and alumni, curriculum, logistics and application and admission requirements.

Applying to the Vanderbilt Executive MBA program.Apply online at vanderbiltemba.com.

The completed application includes the following:• Applicationform,alongwithanonrefundableapplication

fee of $150.• ACandidate’sAdmissionStatement(one-pageessay)that

describes your career, your reasons for seeking an MBA and the benefits you anticipate in your career

• GraduateManagementAdmissionTest(GMAT)scores• Officialtranscriptsfromundergraduateandgraduate

course work• Twolettersofrecommendationfromexecutivecolleagues,

which can be done electronically via the online application

The admissions interviewAll serious applicants are interviewed during the admissions process by the Associate Dean or Director of the program. In addition, pre-interview consultations are available anytime to determine your fit and timing, counsel you on GMAT prep and consult with you on approaching your employer for sponsorship.

Is a Vanderbilt Executive MBA right for you? Come talk with us. Attend a Preview Day or Information Session

to learn more. Or just call. Anytime.

Visit owen.vanderbilt.edu to learn more about financing your Executive MBA.

s

Company sponsorship

s

Loans

s

Yellow Ribbon GI Education Enhancement Program

s

Annual tuition scholarship for one Middle TN nonprofit organization

ADMISSIONS

Dates to considerOnce your application is complete, we will notify you of the admissions decision within ten business days. Application review is on a rolling basis for the class entering in August. While applicants may apply at any time, please consider these natural deadlines:

• AllowsufficienttimetopreparefortheGMAT. We are happy to counsel you based on a GMAT score to determine next steps. Sometimes, additional preparation (Math and Statistics Camp and/or our online math course) is a condition of admission.

• PriorityenrollmentdeadlineisJune1. June and July decisions will be made as needed to fill the class and round out the C-Teams.

• MathCamp(fourSaturdaysstartinginJuly)is complimentary for admitted students. We strongly encourage you to complete the application prior to June 1 so that we have ample time to determine whether the camp is right for you.

Annual tuition and feesTuition for the academic year 2010-2011 is $42,850,

payable in October (40 percent), February (40 percent) and June (20 percent). Additional fees

of $6,000 include books and printed materials; parking permit; breakfasts and lunches while

classes are in session; special events and receptions; room and meals for a residency; library and database access; graduation

expenses; and academic services.

Tuition for Year Two typically increases 4 to 7 percent

annually although it was only 2.5 percent last year.

Students are responsible for travel and lodging (if necessary) for all class weekends in Nashville and airfare for the International Residency.

Are you ready?

• Canyoudedicate20studyhourseach week outside of class and your personal and professional responsibilities?

• Haveyouspentadequatetime to complete community leadership obligations to remove yourself temporarily from these commitments and make time for the Executive MBA program?

• Areyouwillingtodedicatetwo Saturdays per month for 24 months to this intense educational commitment?

• Haveyoutalkedwithyourfamilyabout this program?

Is your employer ready?

• Canyouarrangetimeawayfrom the office (one week-long residency in fall 2011 and another in spring 2013)?

• Isyouremployerreceptivetoyournew ideas so that your new MBA skills and solutions have a chance of gaining implementation?

• Isyouremployerwillingto offer financial sponsorship? (The majority of Vanderbilt Executive MBA students are self-funded.)

Is your family ready?

• Isyoursupportsystem(spouse, partner, children) prepared for your individual and group study commitments outside of the classroom?

• Isyourfamilycommittedto participating in family events at Vanderbilt and connecting with your C-Team’s families?

Before you apply, answer these simple questions.

If you have any questions, please contact us at [email protected], 615.322.3120 (daytime) or 615.343.9865 (evenings and weekends).

owen.vanderbilt.edu 2726 owen.vanderbilt.edu

Check Dates, Times & Locations owen.vanderbilt.edu

Vanderbilt Fast Facts• Vanderbilt is one of America’s top universities, ranked

#17 by U.S. News and World Report. Newsweek recently selected Vanderbilt as one of the “New Ivy League” schools.

• Located a mile and a half from downtown Nashville, the 330-acre parklike campus is designated a national arboretum.

• All 50 U.S. states and more than 90 countries are represented by the Vanderbilt student body.

• Vanderbilt faculty members have won numerous prestigious awards, including Nobel, Fulbright, Guggenheim, MacArthur, Mellon, National Endowment for the Humanities and National Science Foundation.

Among the many amenities Vanderbilt students enjoy:

• Sports & Recreation. The Student Recreation Center houses a variety of sport courts, a track, indoor pool, weight room, classes and more. More than 40 intramural sports give students of all skill and ability levels a chance to compete.

• Athletic Events. Vanderbilt competes at the highest level of the NCAA (Division I-A) within the Southeastern Conference in such sports as basketball, football, baseball, soccer, tennis and golf.

• Music & the Arts. The Sarratt Student Center features a cinema, art gallery and art and dance classes. Blair School of Music features world-class concerts. For more than 30 years, the Rites of Spring concert series has brought some of the nation’s hottest alternative and independent acts to campus.

About the Owen Graduate School of ManagementIn 1969, the Vanderbilt Owen Graduate School of Management opened its doors to 10 students and 10 faculty members in a former funeral home. Today, Owen is one of the world’s top business schools and is widely recognized for its challenging academics, stimulating and innovative research environment, a strong student/ faculty ratio and a spirit of teamwork. The Vanderbilt Executive MBA program was launched in 1978.

Vanderbilt students, faculty and alumni agree: this is a special place where you find support and encouragement for reaching your goals. And once you belong to the Owen community, you belong for life. We have always sought out a select number of individuals who seek to shape the Owen experience to fit their needs and aspirations—and who, in doing so, exert a shaping influence on the larger community—our school, our university and beyond.

Old MechanicalExecutive Programs are housed in Old Mechanical, one of the original buildings on the Vanderbilt campus. This building has been updated several times over the years with a significant remodel in 2008. Designed with feedback and funding from Executive MBA students and alumni, this space combines the unique historical character of a circa 1888 brick building with classrooms boasting contemporary, flexible seating and state-of-the-art technology. The Executive Lounge bundles together a business center, study area and catering kitchen, providing a home away from home for executive students.

World-class management library The Walker Management Library offers resources and personal service that are unmatched at most top-tier business schools. Each C-Team is assigned a research librarian who will guide members to the right databases and assets for any given assignment; these services can be accessed on campus or over the Internet from remote locations. In addition to space in the Executive Lounge, the library offers 21 study rooms for team meetings, equipped with wireless Internet access and ample work tables and seating.

Online course work and collaboration toolsExecutive MBA students use “BlackBoard,” a best-of-class learning system used by Vanderbilt and other prestigious universities. While this will be a primary tool for online assignments and faculty communication, there are many other tools such as Skype and Panopto available to faculty and teams to collaborate and present important information. All are vetted and supported by Owen’s IT Services department.

Become part of a stellar university. And a great school of business.

Vanderbilt University is a private research university of about 6,500 undergraduates and 5,300 graduate

and professional students. Located in the heart of Nashville, Vanderbilt’s 330 acres are home to

architectural treasures and a national arboretum. Dubbed the “Southern Ivy,” Vanderbilt is comprised of

many highly ranked schools—arts and science, business, medicine, education, law and divinity—as well as

a distinguished medical center, a public policy center and The Freedom Forum First Amendment Center.


ABOUT US

Which program is right for you?Explore all programs for working professionals at owen.vanderbilt.edu.n Executive MBAn Master of Management in Health Caren Executive Development Institute – Open

Enrollment Programsn Advanced Certificate in Health Care Management


©2010 Vanderbilt Owen Graduate School of Management Vanderbilt is an equal opportunity, affirmative action university.Rev. 09/10

Discover this place. Shape your world.®

owen.vanderbilt.edu

To students:Here is a place where you will be challenged to achieve your potential; find support as you shape your future; discover lifelong friends and mentors; and open doors to new possibilities.

To faculty and staff:Here is a place where you can engage, think, reach, teach, influence people, and transform the world around you.

To business:Here is a place where you will find the men and women who have the skills, the drive, and the determination to move your organization forward.

To alumni:Here is a place that you can call home, build business relationships, and inspire those who follow to reach even higher.

Our Promise

Printed on recycled paper.

Read the rest of Laurent’s story owenworldshapers.com/LaurentCros.html

Vanderbilt Executive MBA

Vanderbilt UniversityOwen Graduate School of ManagementExecutive MBA401 21st Avenue SouthNashville, TN 37203-2422

Telephone: 615.322.3120Fax: 615.343.2293Email: [email protected]: vanderbiltemba.com

On our cover

Laurent Cros Vanderbilt Executive MBA 2010

Sales Manager. Strategist. World Shaper.As someone who has managed sales and customer service for Europe, Asia and North America, Laurent Cros literally has a world of experience. He wanted a world-class business degree to match. After all, says the native of France, “I may return to Europe someday. The Vanderbilt brand is powerful and opens many doors.”

Discover this place.

Shape your world.®

A Vanderbilt MBA with the Executive Edge.

Laurent CrosVanderbilt Executive MBA 2010

Aftermarket Sales Manager, Goss International

Franklin, TN

EMBA Viewbook 2011-2011

Documents

Transcript of EMBA Viewbook 2011-2011