What’s New in B-Schools?
6 Big Changes at UC Davis
Perhaps it would be easier to start off by noting what’s NOT new in business schools globally. Business schools are ever evolving in response to changes in industry or shifts in regional needs, and also to remain competitive.
Long gone are the days when a general management MBA met all the needs of individuals aspiring to management positions in finance and marketing at large corporations or associate positions in banking and consulting firms.
Today, early career and mid-career employees are seeking leadership skills to advance their careers around the globe, or start new businesses, with a passion to make a positive impact on the world. Careers are more fluid, and business schools need to respond accordingly.
I’ve had the good fortune to work in different schools around the country, including Yale and NYU. I’ve been at the UC Davis Graduate School of Management for more than a dozen years, and witnessed this transformation from many angles.
The greatest change across the U.S. is the shift from business schools only offering a full-time MBA degree to adopting more flexible models, including part-time programs, executive, certificates and online options.
The Graduate School of Management has been at the forefront of many of these trends since it was founded in 1981. Over the past decade, we have grown and expanded. I invite you to take a closer look at us now!
Six recent changes at the Graduate School of Management:
- Industry Immersions diving into Biotechnology, Food and Agriculture, Sustainable Energy and Technology CFOs were offered in winter quarter 2018. Each week, our MBA students heard firsthand from business leaders who challenged them—and their classmates from across campus in science and engineering—with a live case to solve. We are now developing additional programming that will include internships and projects. Look for industry immersions in healthcare in Sacramento and technology in the Bay Area in response to growing demands in these regions. Did you know that Sacramento’s workforce is now dominated by healthcare workers?
- Collaboration is one of our greatest strengths and we’ve based our curriculum on maximizing the impact of teamwork. It’s also one of the key reasons our alumni continue to be excited about the School decades after they graduate. Group-based and interactive courses and experiences provide the education needed for our graduates to be leaders in their fields. Our MBA curriculum, tailored to the needs of corporate recruiters, has evolved to include a capstone strategic project: MBA teams tackling pressing business issues for client companies. Whether in our Full-Time MBA program in Davis or one of Part-Time MBA programs in Sacramento or the San Francisco Bay Area, these projects give our students the hands-on experience that employers want and deliver value to the company.
- Our first cohort from the Masters in Science in Business Analytics (MSBA) is graduating in summer 2018. Located in the heart of San Francisco, this one-year program blends data science with business results in exciting new ways. While data analytics plays a role in almost every MBA class and all business leaders need to know how to work with data, the MSBA teaches the essential data skills and management savvy needed to excel in specialized roles in this fast-growing field.
- Our accounting master’s degree—the Master of Professional Accountancy—has also been very successful in preparing graduates for rewarding careers in professional services. We now offer both a 9- and 21-month format, attracting talented candidates from around the world. Our newly introduced Audit Analytics track provides unique education that prepares graduates to use accounting data to help clients make better decisions.
- We’ve seen a growth in interest in concurrent degree programs, especially for JD/MBAs, MBA/MPH and PhD/MBA. These fields are seeing increase demand for leadership and business skills as well as for candidates to know how to scale up new business ideas or apply systems solutions to fields like public health. Partnering with colleagues across campus has become the new norm in our world as challenges and opportunities span disciplines and require a different way of thinking.
- Finally, we will offer a new online Business Fundamentals course for UC Davis graduate students, starting with Viticulture and Enology this spring. This course will deliver a high-impact overview of management basics, providing business education where and when people want it. This model is very different from just a few years ago.
Business schools are dynamic, which makes my career helping students exciting. If you have questions about whether one of our degree programs is the right step for you, please let our Admissions team know.