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Friday, 4/6/2001
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Campus

Programs increase business skills

By Rachel Weybright
Staff Writer

Two short-course management programs are being offered on campus to technically educated individuals who wish to sharpen their business skills and knowledge.

The programs, which are being held during April and May, are the result of a collaboration among the Krannert School of Management and Purdue’s Schools of Engineering and Science.

The first, Purdue’s Engineering/Management Program, will begin April 30. Practicing engineers, scientists and technical specialists with at least five years of experience are eligible for the program. The courses within the program, which run until May 4, focus on updating each participant’s engineering and management skills. Classes cover topics such as accounting, marketing, design for manufacturing, e-commerce design and business communication. The cost of the program is $2,495.

The Applied Management Principles Program is the second one being offered. The "mini-MBA" program is designed to help Ph.D. scientists and engineers and current doctoral students at Purdue improve their business skills.

The program was created four years ago, where it graduated 48 individuals in the first year. Since then, according to Michael Sheahan, associate director of the Krannert School’s executive education programs, the graduation rate has grown by 20 percent in each of the following years.

"In 1998, our first year, most of (the program's) participants came from the engineering and science schools," said Sheahan. "Since its foundation, other schools, such as Consumer and Family Sciences and the School of Agriculture, have participated in the program, but science and engineering students make up the majority of the participants."

Participants must be nominated by their dean and major professor in order to enter the Applied Management Principles Program.

"The program is also relevant to students in an industrial setting," said Sheahan. "It gives those individuals who have focused on the technical aspects of their careers a chance to see the business side of their profession."

Taught by Professor Joseph Steinman, a Krannert alum now at the University of Lausanne in Switzerland, the program covers many of the topics in traditional MBA programs, but in a non-degree format. The courses begin May 14 with students taking six hours of classes each day.

Participants are also expected to complete homework assignments in each of the subject areas: human resource management, accounting and finance, marketing management, entrepreneurial management and international and strategic management.

The program concludes on May 25. It is funded by the Sloan Foundation in its first year and the National Science Foundation in its second and third years.

This year a tuition fee of $5,000 will be charged to those participants who are already employed in industry. Their fees will fund the program, enabling the sponsors to continue offering the program cost-free to participating Purdue doctoral students.

For more information, contact Sheahan at 494-7700 or sheahan@mgmt.purdue.edu.

 

 

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Programs increase business skills

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Purdue Exponent 2001