Online MBA Program
The Jack Welch Master of Business Administration program is like any other prestigious MBA. And yet, it is like no other. From leadership to managerial economics, from finance to strategy, the Jack Welch MBA delivers all the fundamentals. It teaches the best theory from management thought-leaders around the world; it instructs students in the most of-the-moment business practices. But our MBA is also deeply infused with Jack Welch’s singular presence and principles, his insight into the current business landscape, and his passionate emphasis on people management and leadership.
Leading in the 21st Century
Leadership is different from management. Managers get predictable things done predictably. Leaders inspire action and adaptability in an unpredictable world. This course delves into the concepts, tools facing, and skills leaders need today. It combines theory and practice to examine such topics as strengthening emotional intelligence, motivating people to achieve strong results, managing conflict, leading change, aligning teams, and eliciting support from colleagues and bosses. Additionally, the course lays out Jack Welch's time-tested techniques for high performance, and addresses head-on the challenges facing every leader.
To win in business, you need two qualities: candor and integrity. These qualities are tested in how you communicate and operate in the workplace. In this course, you will learn how to inform, inspire, persuade, and engage people in person and in writing with candor. Through real-world examples, you will also understand how to discern the bright line between ethical and unethical conduct and to act with integrity. Combine the two, and you have a formula for lasting success.
Financial Management I
Effective financial decisions are the lifeblood of any company. This course will expose you to the basic analytical principles of corporate finance, as well as the techniques of financial analysis and decision-making, cash-flow analysis, risk management, and capital budgeting. You will also learn the function and value of equity and capital markets and the roles of financial institutions today. By the last lecture, you'll be on your way to reading business by the numbers.
Marketing in a Global Environment
Marketing is the process of turning wants and needs into decisions and actions. It involves a range of activities designed to convey a persuasive message to a target audience. The course covers marketing plans, qualitative and quantitative research, consumer psychology, product positioning and strategy, pricing, packaging, brand equity, advertising, the marketing mix, customer value, and business-to-business and global marketing. Through it all, you will learn what makes customers buy what you're selling.
At its simplest, managerial economics is about making decisions at the individual, firm, economy, and market levels in the face of constraints, be they scarce resources, pricing pressures, or global competition. In this course, you'll explore powerful concepts like supply and demand, profit optimization, price sensitivity, demand estimation, productivity, cost analysis, market structures, marginal analysis, the government's role in markets, forms of competition, risk analysis, and pricing practices. In the end, you'll be able to analyze and master competitive forces at both a quantitative and practical level.
Early on in your career, professional success depends on your innate talents, how you develop those talents, and your initial career decisions. But once you become a manager, your ability to select, develop, promote, and manage the right people becomes the most important determinant of success. In this course, you'll explore two general areas of people management: hiring and positioning the right players for your organizational needs; and managing people once the players are in place. Specific topics include sourcing and integrating new talent, managing your strategic talent inventory, working with HR and organized labor, performance evaluations, and reward systems that produce results.
Financial Management II
We continue our exploration of corporate finance with a focus on the advanced financial management skills required to evaluate assets and manage risk in a global market. You'll learn such analytical approaches as capital budgeting and the weighted average cost of capital, and then apply them to resource decisions involving domestic and international projects. You'll also gain a deeper understanding about the movements of exchange rates, interest rates, and other factors that influence capital markets.
Whether you're running a restaurant or a bank, business comes down to the efficient delivery of high-quality goods and services to the customer. To get things done, you need a laser-like focus on operations. This course explores quality design and management, the supply chain, project management, scheduling and capacity decisions, Six Sigma and lean manufacturing techniques, organizational design, and talent management. The customer lies at the center of each of these operational activities.
Strategy is nothing more than a customized playbook to help your business beat the competition. In this course you will learn the core concepts, as well as Jack Welch's simple yet effective approach to setting and implementing an organization's strategy. You'll analyze the sources of growth and competitive advantage and how to capitalize on them; learn the stages in the strategic planning process and how they combine to form strategic options; see how to play the game of strategy; know when to use mergers and acquisitions strategically; and finally, understand how to put plans into action.
Organizational Change and Culture
From the rapid advance of technology to the steady march of globalization, powerful forces of change are shaping today's business landscape. As leaders grapple with these forces, they also face enormous resistance to change. In this course, you'll learn a powerful framework for understanding change from management expert John Kotter. You'll also hear real stories and concrete strategies from the trenches at major organizations like GE including Work-Out, Rapid Results, and Six Sigma and learn when to use each tool. Ultimately, you will understand the importance of a leader's ability to drive change through persuasive communication, simplifying structures, performance management, and cultural alignment.
New Business Ventures and Entrepreneurship
Anyone can display an entrepreneurial streak, but not everyone can be an entrepreneur. In this course, you'll learn what makes an entrepreneur tick, and then walk through the stages of planning, financing, and launching a new business. The course covers business plan development, market analysis, competitive positioning, business models, funding sources, company formation, intellectual property, sales, marketing, and hiring. The insights gained will give you a powerful leg up in launching new businesses and new ventures within existing businesses.
In this course, we tie together everything you've learned so far. You'll see how key management concepts integrate with Jack Welch's principles and practices about organizational effectiveness. A management simulation brings concepts to life in real-world situations. Successfully completing this final project will demonstrate your ability to analyze, interpret, synthesize, and communicate the key business principles and practices learned throughout the Jack Welch MBA program.
Experts of Practice
The Jack Welch MBA curriculum is uniquely practical; it is designed to give students fast, powerful takeaways that they can apply to their work immediately. Woven throughout the MBA are real-world video lessons from working CEOs and executives at top companies. Our Experts of Practice, including Dave Calhoun (Nielsen), Jim McNerney (Boeing), Rick Postle (Panera), and many more, share their applicable business insights and stories from the field.
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Disclaimer: *A graduate student can take 1-3 classes per quarter. Choosing part-time or full-time will determine the timeframe for which a student can complete the MBA program. Certified to operate in Virginia by SCHEV. Is regulated by the Indiana Commission on Proprietary Education. Strayer University is authorized for operation by the Illinois Board of Higher Education, 431 East Adams, 2nd Floor, Springfield, IL 62701-1404, email@example.com. Ohio registration numbers: 08-09-1877B, 08-09-1878B, 08-09-1879B, 08-09-1880B, 09-05-1898T, 10-05-1933B, 10-05-1934B.
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