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The Right Executive Decision. - The Paul Merage School of Business

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<strong>Executive</strong> MBA Programs<br />

MPAA 101<br />

Irvine, California 92697-3130<br />

949.824.0561<br />

<strong>Executive</strong>MBA@merage.uci.edu<br />

merage.uci.edu<br />

<strong>The</strong> <strong>Right</strong> <strong>Executive</strong> <strong>Decision</strong>.<br />

<strong>Executive</strong> MBA | Health Care <strong>Executive</strong> MBA


<strong>Executive</strong> MBA Programs<br />

vs. Traditional MBA<br />

<strong>The</strong> <strong>Merage</strong> <strong>School</strong> <strong>of</strong>fers two <strong>Executive</strong> MBA<br />

programs: <strong>Executive</strong> MBA (EMBA) and<br />

Health Care <strong>Executive</strong> MBA (HCEMBA).<br />

<strong>The</strong> EMBA is a specific type <strong>of</strong> accredited<br />

MBA program created for experienced<br />

pr<strong>of</strong>essionals including entrepreneurs,<br />

senior managers, directors, VPs, presidents,<br />

CFOs and CEOs. <strong>The</strong> HCEMBA is a niche<br />

EMBA for industry pr<strong>of</strong>essionals from the<br />

intersecting worlds <strong>of</strong> biotech, medical device,<br />

pharmaceutical, managed care, insurance,<br />

healthcare services, and healthcare policy.<br />

While the degree is the same, <strong>Executive</strong><br />

MBA programs differ from traditional MBA<br />

programs in a number <strong>of</strong> ways. For example:<br />

<strong>The</strong> EMBA and HCEMBA class members<br />

typically have on average 15 years and 12<br />

years <strong>of</strong> work experience with a minimum <strong>of</strong><br />

eight and five, respectively.<br />

<strong>The</strong> EMBA/HCEMBA part-time class<br />

schedules allow for busy pr<strong>of</strong>essionals<br />

to continue working while pursuing their<br />

studies.<br />

<strong>The</strong> EMBA/HCEMBA curriculum follows the<br />

same high standards as our full-time MBA<br />

program, while adjusting for the high level<br />

<strong>of</strong> experience and knowledge that more<br />

senior participants bring to the classroom.<br />

Most importantly, the programs encourage<br />

you to bring work issues to class — your<br />

experienced fellow students and faculty will<br />

help you develop a solution that you can bring<br />

back to the <strong>of</strong>fice and implement on Monday!<br />

“<strong>The</strong> <strong>Merage</strong> EMBA program<br />

has enriched my life and<br />

brought meaning to many<br />

areas where there were<br />

only intuitive hunches. This<br />

experience can’t help but<br />

further one’s career options<br />

— you have so much more<br />

to <strong>of</strong>fer, so much more you<br />

can contribute.<br />

2 | merage.uci.edu |<br />

| merage.uci.edu | 3<br />

”<br />

Jane Terry | EMBA Class <strong>of</strong> 2009<br />

President<br />

Ajax Boiler, Inc.


Centers <strong>of</strong> Excellence<br />

Provide Learning<br />

Opportunities<br />

<strong>The</strong> <strong>Paul</strong> <strong>Merage</strong> <strong>School</strong><br />

<strong>of</strong> <strong>Business</strong> is home to six<br />

renowned think tanks known<br />

as our Centers <strong>of</strong> Excellence.<br />

<strong>The</strong>y provide numerous<br />

opportunities for you to<br />

collaborate, work and learn<br />

from respected business and<br />

industry leaders.<br />

<strong>The</strong> Don Beall Center<br />

for Innovation and<br />

Entrepreneurship<br />

<strong>The</strong> Center for Leadership<br />

and Team Development<br />

<strong>The</strong> Center for Real Estate<br />

<strong>The</strong> Center for Health Care<br />

Management and Policy<br />

<strong>The</strong> Center for Investment<br />

and Wealth Management<br />

Why <strong>Merage</strong>?<br />

If you’re looking to increase your salary, earn a promotion and gain valuable<br />

recognition from top management — while creating value for your company —<br />

then the <strong>Merage</strong> <strong>Executive</strong> MBA programs are right for you. <strong>The</strong>y are specifically<br />

designed for mid-career pr<strong>of</strong>essionals on an executive career path and deliver<br />

the real-world knowledge, valuable connections and prestigious credentials to<br />

advance your career.<br />

<strong>The</strong> <strong>Merage</strong> <strong>Executive</strong> MBA programs <strong>of</strong>fer you a competitive advantage — an<br />

environment <strong>of</strong> diversity and innovative ideas that include:<br />

top-ranked faculty who are immediately accessible to you<br />

outstanding peer group with years <strong>of</strong> pr<strong>of</strong>essional knowledge and experience<br />

executive perspective with specialized career services tailored to your needs<br />

immediate application <strong>of</strong> classroom concepts to your job and organization<br />

“You have a room full <strong>of</strong> students<br />

who are CEOs, CFOs and<br />

directors, and faculty who are<br />

experts in their fields. <strong>The</strong>y<br />

meet in a safe environment<br />

to have thoughtful, in-depth<br />

conversations that impact our<br />

daily business. With that format<br />

and braintrust, the end results are<br />

always extremely valuable.<br />

Dean Andrew J. Policano<br />

<strong>Executive</strong> MBA<br />

program is ranked #1<br />

in southern California<br />

for two years running (11th<br />

in the U.S.) by Financial<br />

Times (2007, 2006).<br />

Health Care<br />

<strong>Executive</strong> MBA<br />

is nationally ranked #10<br />

<strong>Merage</strong>: Preparing<br />

You for Change<br />

Like most people, your career goals have evolved throughout your<br />

life. Whether your new goal is realizing a lifelong dream by launching<br />

your own enterprise, changing your career or becoming a leader in<br />

your company or industry, the <strong>Merage</strong> <strong>School</strong> can help you achieve<br />

your potential.<br />

At <strong>Merage</strong>, you’ll build a valuable set <strong>of</strong> business contacts among<br />

your fellow students and alumni — as well as many <strong>of</strong> the world’s<br />

business leaders who partner with the <strong>Merage</strong> <strong>School</strong>’s programs<br />

and goals. <strong>The</strong> program will also help you develop leadership skills<br />

to support your career growth and prepare you for your future role as<br />

a corporate executive or CEO <strong>of</strong> your own company.<br />

I invite you to take the next step in your pr<strong>of</strong>essional life with an<br />

<strong>Executive</strong> MBA from the prestigious <strong>Paul</strong> <strong>Merage</strong> <strong>School</strong> <strong>of</strong> <strong>Business</strong><br />

<strong>The</strong> Center for Research<br />

on Information Technology<br />

and Organizations<br />

”<br />

Ryan Kaneshiro | EMBA Class <strong>of</strong> 2007<br />

Director <strong>of</strong> <strong>Business</strong> Analytics and<br />

by Modern Healthcare (2007). at UC Irvine.<br />

4 | merage.uci.edu |<br />

Financial Planning & Analysis<br />

Oakley, Inc.<br />

| | merage.uci.edu | | 5<br />

5


Two programs.<br />

Unlimited possibilities.<br />

<strong>The</strong> <strong>Merage</strong> <strong>Executive</strong> MBA<br />

<strong>of</strong>fers two highly specialized<br />

programs — the <strong>Executive</strong> MBA<br />

program (EMBA) and the Health<br />

Care <strong>Executive</strong> MBA program<br />

(HCEMBA). <strong>The</strong>se specializations<br />

were designed to accommodate<br />

your job responsibilities, direction<br />

and growth within your company.<br />

GlaxoSmithKline recognized the<br />

value <strong>of</strong> both our <strong>Executive</strong> MBA<br />

programs and subsequently sent five<br />

<strong>of</strong> their executives to <strong>Merage</strong>. Four<br />

<strong>of</strong> them enrolled in the HCEMBA<br />

program, while one participated in<br />

the EMBA program. <strong>The</strong> <strong>Merage</strong><br />

<strong>Executive</strong> MBA programs are an<br />

excellent opportunity for you, your<br />

peers and your organization to<br />

implement and foster innovative<br />

thinking and ideas.<br />

GlaxoSmithKline Representatives<br />

(L-R) Tony Martin | HCEMBA Class <strong>of</strong> 2008<br />

Director, Field Sales Effectiveness – West Sector<br />

Gina Perrone | HCEMBA Class <strong>of</strong> 2009<br />

Senior Pharmaceutical Sales Representative<br />

Erik Oller | HCEMBA Class <strong>of</strong> 2008<br />

<strong>Executive</strong> <strong>The</strong>rapeutic Specialist<br />

Jenna Ramesh | HCEMBA Class <strong>of</strong> 2008<br />

<strong>Executive</strong> <strong>The</strong>rapeutic Specialist<br />

Stephanie Klein | EMBA Class <strong>of</strong> 2008<br />

<strong>Executive</strong> <strong>The</strong>rapeutic Specialist<br />

6 | merage.uci.edu | | merage.uci.edu | 7


(L-R) Cyril Sirk | HCEMBA Class <strong>of</strong> 2005, Co-Founder and Chief Operating Officer<br />

Tom Ramos | HCEMBA Class <strong>of</strong> 2008, Director <strong>of</strong> Flow Cytometry<br />

“<strong>The</strong> residentials were exceptional. During the Federal Health Care Policy<br />

residential, we attended lectures on Capitol Hill in Washington, D.C. and<br />

visited significant venues. <strong>The</strong> MBA program granted us special access to<br />

political sites and influential people that we might not have met otherwise.<br />

Residentials — Out <strong>of</strong> the<br />

Classroom and into the World<br />

You’ll gain some <strong>of</strong> the most valuable and enjoyable learning opportunities during our <strong>of</strong>f-site<br />

learning experiences, called residentials. Few other <strong>Executive</strong> MBA programs <strong>of</strong>fer a sequence<br />

<strong>of</strong> required residentials making the <strong>Merage</strong> EMBA program truly unique. Fees for the programs,<br />

speakers, events, transportation and hotels are generally included in your tuition, with the<br />

exception <strong>of</strong> airfare to the International or Health Care Policy residentials.<br />

Opening Residential: Management <strong>of</strong> Complex Organizations<br />

For both EMBA and HCEMBA — Scheduled prior to your first day <strong>of</strong> class, you’ll be introduced<br />

to your class and study groups <strong>of</strong> fellow pr<strong>of</strong>essionals while learning how to analyze organizations.<br />

This is an excellent opportunity to become acquainted with your colleagues and future teammates<br />

before regular classes begin. (five days)<br />

International Residential: Global <strong>Business</strong> II<br />

For EMBA only — <strong>Executive</strong> students agree that this is one <strong>of</strong> the highlights <strong>of</strong> the EMBA<br />

program. It provides a unique opportunity to experience global business firsthand from a corporate,<br />

academic and cultural standpoint. Recent residentials have been held in Russia, Shanghai/Beijing,<br />

and Hong Kong/Guangzhou. As we are always researching emerging markets, the locations for<br />

international residentials are determined based on that criteria. (five days)<br />

Federal Health Care Policy Residential<br />

For HCEMBA only — In year two <strong>of</strong> the program, HCEMBA students travel to Washington, D.C.<br />

where they have the opportunity to meet with health care industry leaders, policy analysts,<br />

politicians, and others who are involved in the legislative and regulatory process. You will gain a<br />

better understanding <strong>of</strong> the health care issues being debated by Congress and learn firsthand<br />

how the legislative and regulatory process works. (five days)<br />

”<br />

Cyril Sirk | HCEMBA Class <strong>of</strong> 2005<br />

Co-Founder & Chief Operating Officer<br />

Final Residential: <strong>Executive</strong> Leadership<br />

For both EMBA and HCEMBA — Both <strong>Merage</strong> <strong>Executive</strong> MBA programs culminate in a<br />

capstone residential course on <strong>Executive</strong> Leadership. It provides a 360-degree evaluation <strong>of</strong><br />

each student and allows you to reflect on what you have learned, how you have developed<br />

12 | merage.uci.edu |<br />

PrimeGen Biotech<br />

pr<strong>of</strong>essionally and how you will shape your future as a business manager and leader. (five days)<br />

| merage.uci.edu | 13


Numbers Don’t Lie<br />

EMBA<br />

Entering vs. Exiting Salaries<br />

100%<br />

0%<br />

$100K - $200K<br />

$75K - $100K<br />

$60K - $75K<br />

$50K - $60K<br />

Salary Entering<br />

<strong>Merage</strong> EMBA<br />

$200K +<br />

$100K - $200K<br />

$75K - $100K<br />

$60K - $75K<br />

Salary Exiting<br />

<strong>Merage</strong> EMBA<br />

24%<br />

<strong>Executive</strong> MBA<br />

Average Salary Increase<br />

30%<br />

Health Care <strong>Executive</strong> MBA<br />

Average Salary Increase<br />

While in the program, <strong>Merage</strong> MBA<br />

students experienced salary increases<br />

exceeding the national average for all<br />

executive MBA programs.<br />

Figures from: 2005-06 Student Exit Benchmarking<br />

Survey Competitive Intelligence Report, <strong>Executive</strong><br />

MBA Council.<br />

“My goal is to be a CEO<br />

<strong>of</strong> a large corporation,<br />

and so an MBA is a<br />

necessity because<br />

it gives me a broad<br />

understanding <strong>of</strong> all<br />

aspects <strong>of</strong> business.<br />

My career options<br />

will certainly expand<br />

because <strong>of</strong> this<br />

program.<br />

”<br />

Jon Dvorak | EMBA Class <strong>of</strong> 2009<br />

Manager <strong>of</strong> Projects and Planning,<br />

International Operations<br />

Blizzard Entertainment<br />

14 | merage.uci.edu | | merage.uci.edu | 15


“<strong>The</strong> network established with<br />

my class has resulted in not<br />

only good friendships, but<br />

also in the continued sharing<br />

<strong>of</strong> knowledge and job<br />

opportunities.<br />

”<br />

Debra Floyd | EMBA Class <strong>of</strong> 2005<br />

Design and Build Value Stream Manager –<br />

Flight Operations, Test and Validation<br />

Boeing Commercial Airplane Company<br />

Specialized <strong>Executive</strong><br />

Career Services<br />

With one <strong>of</strong> the most innovative approaches to senior<br />

level career services available anywhere, the <strong>Merage</strong><br />

<strong>School</strong> has the resources to help you with your<br />

career today — and tomorrow. Our <strong>Executive</strong> Career<br />

Services are specifically tailored to meet your needs<br />

and you can rely on our knowledgeable staff to provide<br />

you with:<br />

Conferences/Workshops/Seminars<br />

Annual Career Strategies for <strong>Executive</strong>s Conference<br />

Workshops<br />

– Creating Your Elevator Speech<br />

– Corporate Etiquette for <strong>Executive</strong>s<br />

– Networking: Creating a Platform for Growth<br />

– <strong>Executive</strong> Resume Writing<br />

– Developing an <strong>Executive</strong> Career Blueprint<br />

– Personal Branding and Image Management for<br />

Career Development<br />

16 | merage.uci.edu | | merage.uci.edu | 17<br />

Seminars<br />

– Insider Tips: How to Work with<br />

<strong>Executive</strong> Recruiters<br />

– Emotional Intelligence:<br />

A CEO’s Perspective<br />

– Closing the Deal: Knowing Your Worth<br />

in the Marketplace<br />

– Strategic Career Management for<br />

Physicians and Clinical Leaders:<br />

What to do Next<br />

Pr<strong>of</strong>essional Development<br />

<strong>Executive</strong> Career Coaching<br />

<strong>Executive</strong> Mentoring Programs<br />

– <strong>Merage</strong> <strong>Executive</strong> to <strong>Executive</strong> (E2E)<br />

Mentoring Program<br />

– Just in Time (JIT) Mentoring<br />

– Industry Insights – Peer Mentoring<br />

Corporate Board Governance Certification<br />

<strong>Executive</strong> Career Development Series<br />

<strong>Merage</strong> Career Partners<br />

Online Resources<br />

<strong>Executive</strong> and Alumni Experienced-Hire<br />

Resume Database<br />

Career Assessment Tools<br />

<strong>Merage</strong> Biweekly Job Postings<br />

Searchable <strong>Merage</strong> Alumni Database<br />

24/7 Document Library<br />

Career Webinars<br />

All students have access to a pr<strong>of</strong>essional<br />

<strong>Executive</strong> Career Coach on staff as well as<br />

other executive coaches who are matched<br />

based on function and/or industry area.


“Many physicians have<br />

been on the receiving<br />

end <strong>of</strong> business, having<br />

guidelines and rules<br />

imposed on them by<br />

insurance companies,<br />

the government and<br />

others. <strong>The</strong> HCEMBA<br />

program <strong>of</strong>fers an<br />

opportunity to take<br />

control and develop<br />

how they would like to<br />

practice and the type<br />

<strong>of</strong> organization they<br />

would like to practice<br />

in, rather than having<br />

things imposed on<br />

them.<br />

”<br />

<strong>Paul</strong> Feldstein, PhD<br />

Pr<strong>of</strong>essor and Robert Gumbiner Chair<br />

in Health Care Management<br />

Education: PhD, University <strong>of</strong> Chicago<br />

Distinguished and Experienced Faculty<br />

At the <strong>Merage</strong> <strong>School</strong>, you’ll learn from the<br />

best. Our distinguished faculty publishes<br />

influential books, conducts cutting-edge<br />

research and regularly consults with<br />

Fortune 500 companies. This prestigious,<br />

internationally-known faculty has consistently<br />

ranked high in respected business and<br />

industry publications.<br />

1st in the U.S. for percentage <strong>of</strong> women<br />

faculty by Financial Times (2007)<br />

3rd in the U.S. * for faculty research<br />

contribution, University <strong>of</strong> Texas Study<br />

(2004)<br />

5th for faculty intellectual capital by<br />

<strong>Business</strong>Week (2003)<br />

18th in the world for faculty research,<br />

Financial Times (2007)<br />

In 2007, the Financial Times noted that 35%<br />

<strong>of</strong> <strong>Merage</strong> faculty are women — placing<br />

us 3rd in the world for proportion <strong>of</strong> female<br />

faculty members. This creates an exceptional<br />

environment for current and future<br />

businesswomen.<br />

*When adjusted for faculty size<br />

Jone L. Pearce, PhD<br />

Pr<strong>of</strong>essor, Organization & Management<br />

Education: PhD, Yale University<br />

Many <strong>of</strong> our cutting-edge faculty come from<br />

the most respected institutions in the country<br />

— including Harvard, MIT and Stanford. And<br />

they bring an incredible body <strong>of</strong> knowledge<br />

from their experiences at these schools into<br />

the classroom.<br />

Of course, learning global business isn’t<br />

just academic at the <strong>Merage</strong> <strong>School</strong>. Many<br />

<strong>of</strong> our faculty members have lived, worked<br />

and consulted overseas. In fact, our faculty<br />

is ranked 21st among U.S. business schools<br />

for international diversity, according to the<br />

Financial Times 2007 MBA Rankings. And<br />

you’ll have the opportunity to learn from —<br />

and personally get to know — this highly<br />

accomplished group <strong>of</strong> individuals.<br />

18 | merage.uci.edu | | merage.uci.edu | 19


Alumni and Networking —<br />

Connections for Life<br />

<strong>Merage</strong> Alumni automatically receive many<br />

lifetime benefits and services. <strong>The</strong> <strong>School</strong><br />

provides many opportunities to effectively<br />

connect with the <strong>Merage</strong> community through<br />

networking opportunities and events, the<br />

alumni database, career services, continuing<br />

executive education, monthly e-newsletters<br />

and volunteer opportunities.<br />

Our robust and powerful alumni network<br />

stretches from southern California across<br />

the United States, into Europe and Asia,<br />

and around the world. Through the <strong>Merage</strong><br />

<strong>School</strong>, you’ll expand your network to include<br />

national and international business leaders,<br />

<strong>Merage</strong> alumni, and our many corporate<br />

partners.<br />

<strong>Merage</strong> alumni benefits include:<br />

Programs<br />

– Invitations to corporate/networking events<br />

– Quarterly alumni events in Orange<br />

County, Los Angeles and San Diego<br />

– Annual regional events in San Francisco,<br />

Chicago, New York and Washington, D.C.<br />

Career resources<br />

Continued learning with a lifetime privilege<br />

to audit <strong>Merage</strong> classes<br />

Communications<br />

– Monthly networking luncheons in<br />

Orange County<br />

– Informative monthly e-newsletter<br />

Online Services<br />

– <strong>Merage</strong> alumni website<br />

– Online searchable alumni database<br />

– Lifelong e-mail forwarding<br />

– Online job postings<br />

20 | merage.uci.edu | | merage.uci.edu | 21


Is the <strong>Merage</strong> <strong>Executive</strong> MBA<br />

Program <strong>Right</strong> for You?<br />

Some Guidelines to Help You Make Your <strong>Decision</strong><br />

An <strong>Executive</strong> MBA program is not for everyone<br />

— the program requires an experienced,<br />

diligent, dedicated individual for completion.<br />

While successful candidates are varied, they<br />

share some common traits.<br />

Your Educational Background<br />

All EMBA and HCEMBA candidates have<br />

a bachelor’s degree, and some have also<br />

earned graduate or pr<strong>of</strong>essional degrees in<br />

fields other than business administration, such<br />

as engineering, computer science, law or<br />

medicine. A small number hold PhDs.<br />

Your Work Experience<br />

For the <strong>Executive</strong> MBA program, a minimum<br />

<strong>of</strong> eight years <strong>of</strong> experience is required; for<br />

the HCEMBA, a minimum <strong>of</strong> five years <strong>of</strong><br />

health care experience is required, including<br />

positions with management responsibility. We<br />

strongly value your experience and it is an<br />

important part <strong>of</strong> consideration for admission.<br />

A record <strong>of</strong> significant achievement is a good<br />

indicator <strong>of</strong> your ability to succeed.<br />

Your Current Employment<br />

You will benefit most if you can apply<br />

the knowledge and skills learned in the<br />

classroom in your position, especially if you<br />

have significant management responsibility.<br />

Employer support is critical, typically from a<br />

top manager or executive. You must arrange<br />

release time and may receive financial support<br />

from your employer.<br />

Your Career Goals<br />

How will you use your new knowledge and<br />

skills to further your career goals? Are there<br />

specific job opportunities within your company<br />

or industry that an <strong>Executive</strong> or Health Care<br />

<strong>Executive</strong> MBA would help you attain? Are<br />

you looking to change industries or start your<br />

own business? When you have a clear goal,<br />

it positions you as a successful candidate for<br />

admission and will help you commit to and<br />

complete the rigorous program.<br />

Your Motivation and Temperament<br />

Do you possess the energy, drive and<br />

ambition to succeed? Typically, a high<br />

percentage <strong>of</strong> <strong>Executive</strong> or Health Care<br />

<strong>Executive</strong> MBA students are hard-driving,<br />

take-charge personalities. However, people<br />

with creative and thoughtful personalities can<br />

also succeed by drawing on their distinctive<br />

strengths.<br />

Achieve your potential.<br />

When Dr. Haresh Jhangiani, Chairman <strong>of</strong> ClinicAid and President/<br />

CEO <strong>of</strong> Compassionate Cancer Care Medical Group started the<br />

HCEMBA program, he had been in practice for one year. Upon<br />

meeting classmates Drs. Dwight Tapp and Kim Tran, the idea for<br />

a new company took shape. <strong>The</strong>y knew what they wanted — a<br />

business that complemented their passions, education and<br />

experience in science and medicine.<br />

That’s how ClinicAid Research Management, a Contract<br />

Research Organization specializing in clinical research for<br />

physicians was born with a staff <strong>of</strong> just two employees. Through<br />

their business knowledge and leadership capabilities, Tapp as<br />

CEO and Tran as COO, grew the company to a staff <strong>of</strong> 12 and<br />

today it is achieving enormous success. Jhangiani says, “I was<br />

starting a new practice and building my own business so going<br />

to school was very difficult. But the hard work is paying <strong>of</strong>f. We<br />

are now realizing the rewards.”<br />

(L-R) Kim Tran, DO | HCEMBA Class <strong>of</strong> 2005, Chief Operating Officer;<br />

Haresh Jhangiani, MD | HCEMBA Class <strong>of</strong> 2005, Chairman;<br />

Dwight Tapp, PhD | HCEMBA Class <strong>of</strong> 2005, Chief <strong>Executive</strong> Officer<br />

22 | merage.uci.edu |<br />

| merage.uci.edu | 23

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