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| Moderator -> Everyone | Hello everyone! Thank you for joining us today. Our chat will begin promptly at 12:00 p.m. CDT. Feel free to begin submitting your questions now so we can start providing answers at noon. |
| Patricia -> Everyone | Welcome to our live chat. Thank you for joining us today. I'm Patricia Coffey Associate Director of Admissions and I'm looking forward to answering your questions today! |
| David_R -> Patricia | I submitted a resume but did not get a response. Should I resubmit? |
| Patricia -> David_R | Hi David - I will be happy to evaluate your resume. Please feel free to send it directly to me at patricia.coffey@ChicagoBooth.edu |
| Patty -> Everyone | Hello. I am Patty Keegan, associate dean. Thank you for joining us today. |
| Erika -> Everyone | Hello everyone. My name is Erika Ljungdahl, Office Manager. Look forward to answering your questions today. |
| Aaron -> Erika | What type of time commitment can be expected outside of normal classroom hours? |
| Erika -> Aaron | Hello Aaron. The amount of time students spend on projects depend on their knowledge of the subject matter. I have heard everything from 5-20 hours per week spent studying outside of the classroom. A lot of it depends on your area of expertise of course. An accountant will spend less time studying in their accounting class for example. |
| Sunday -> Patty | Hi Patricia and Patty. I see that the travel to London and Hong Kong happens during the first summer of the program. What is the curriculum during those weeks? |
| Patty -> Sunday | Hi, Sunday. The courses you take in London and Hong Kong are Microeconomics (an important foundation course) and Managerial Decision Making and Negotiations. |
| Moderator -> Everyone | Thank you for joining us today. We are eager to answer all your questions, so please begin submitting them now. |
| Julie -> Patricia | Do you require the GMAT to apply? |
| Patricia -> Julie | Hi Julie - yes, the GMAT is required for the Executive MBA Program. However, there are opportunities to have your GMAT waived. Very senior level managers, usually with twelve or more years of management experience may be granted an exemption from the GMAT requirement. Examples might include CEOs, Managing Directors, CFOs, and Division Heads etc. This information can be found in the online applicaiton. |
| Shannon -> Patty | Hello All, can you please explain the timeline for the Executive MBA program that starts next? |
| Patty -> Shannon | Hi, Shannon. Our next cohort begins in June 2014. The program lasts 21 months or 7 quarters, so graduation is in March 2016. Do you have specific questions about anything else related to the timeline? |
| Jesse_Sprague -> Patricia | Hey Everyone, my name is Jesse Sprague. Thank you for hosting this today. I am interested in applying. I am a Navy Veteran and have the Illinois Veteran Grant. What programs or assistance are available to Veterans? |
| Patricia -> Jesse_Sprague | Hello Jesse- thanks again for joining us. There are programs available for veterans, however the process is managed by the university. We can certainly get you in touch with the right staff for additional information. Contact us by email at xp@ChicagoBooth.edu |
| SG -> Brad | I live in the Bay Area, do you have many students commute to Chicago to attend your program? If so, what are some of the advantages? |
| Brad -> SG | We do have several students that travel from West coast. Many of they say that the time on the plane is the most useful study times. |
| SG -> Patty | What’s the difference between the EMBA program and the Part Time program |
| Patty -> SG | Hi, SG. Both our executive MBA program and our part-time MBA program lead to the same degree and courses are taught by the same Booth faculty. The student audience is very different. Our executive MBA students ahve significantly more work experience and are at the point in their careers where general managment is typically the next step. Our part-time MBA students are typically a bit younger and are working on honing their functional skills to become better marketers, accountants, financial analysts, etc. The formats are also very different. Executive MBA is a cohort program in which 90 students progress through the program together following the same course sequence; our part-time MBA students take courses in the sequence that they choose. |
| Aaron -> Brad | Does the University provide accomodations for staying on campus, or is the individual responsible for making external arrangements? |
| Brad -> Aaron | There five residential weeks that are covered by your fees and tuition. You are responsible for all other accommodations. |
| Shannon -> Erika | Is there an international portion to the program? |
| Erika -> Shannon | Hello Shannon. The Executive MBA program has 5 weeks in total where you will be taking classes with students from the Hing Kong and London campus. The first week is our Kick off week in Chicago. After that you will spend 1 week in London and 1 in Hong Hong. Later in the program you will spend 2 weeks of Electives classes in Chicago with all the students again. I hope that answers your question. |
| David_R -> Brad | What % of the Chicago campus is international? |
| Brad -> David_R | I would guess 50% of the Chicago based class in International. |
| David_R -> Patty | Some EMBA programs appear to have a different focus from their full-time MBA programs (e.g. no specific tracks for EMBAs) - What is Booth's philosophy here? |
| Patty -> David_R | Hi, David. Executive MBA Programs (unless otherwise described) are typically general management programs designed to prepare participants to take on general management repsonsibilities - leading a division, CFO, COO or CEO roles, or starting a business. Therefore, they are well-rounded and cover all aspects of business management from finance to marketing to managing people to operations. In Our executive MBA program, we do allow for some choice during our 21 month program. For example, students can follow a specific track when they choose elective courses baed on their professional interests. These include capital markets, corporate finance, marketing, entrepreneurship, leadership and management or strategy. However, the majority of the curriculum is designed to make sure that we are preparing strong general managers. |
| Sunday -> Patricia | I am interested in learning more about the Capstone Simulation course. Is there a link on the site that discusses this in more detail? I would love to read or watch video of student experiences in this course as well. |
| Patricia -> Sunday | Hi Sunday - thank you for your question. The capstone simulation course is still in the development stage. It will be a cumulation of what students have learned through the program. |
| Gaurav -> Patricia | Hi Team I am Kanwar Gaurav, Paul : I got accepted at Duke Fuqua school of business WEMBA program early this year but defered my start date to next June due to some work commitments . Can I send in my resume to get your thoughts on what areas i need to focus on when applying for Booth WEMBA program this year and how do i compare to the pool of applications you receive. |
| Patricia -> Gaurav | Hi Gaurav - yes, please send your resume to me for review. Patricia.coffey@chicagobooth.edu |
| Jesse_Sprague -> Patty | Jesse: Can you please explain any financial aid available for Veterans? Is the GI Bill or IVG accepted by Booth? |
| Patty -> Jesse_Sprague | Hi, Jesse. We participate in the Yellow Ribbon program for veterans. |
| Aaron -> Erika | I noticed on the program timeline that most on-site weekends consist of Friday and Saturday. However, there are a few weekends that also include Thursday. Can you explain the reason for this? |
| Erika -> Aaron | Aaron - Our Thursday classes are when students will be taking LEAD (Leadership Effectiveness & Development). LEAD includes workshops, self-assessment tests, and hands-on learning opportunities. It has been a part of the full time program for some time and we are excited to have it now part of the Executive MBA program. |
| David_R -> Erika | Do you recommend an on-campus visit prior to application? |
| Erika -> David_R | David_R & Ravi: You both have asked about class visits. We offer class visits for prospective students. On our homepage http://www.chicagobooth.edu/programs/exec-mba you will see a link for 'Visit Campus'. It is a great way to meet current students and get a feel of the program. We offer visits in the morning or afternoon classes when they are in session. I highly recommend it if you have the time. |
| Moderator -> Everyone | We are almost half way through the chat and have had great questions so far. Please continue to submit your questions! We will try to answer all of them today. |
| David_R -> Patty | What are the primary differentiators of a Booth EMBA over other top EMBA programs? |
| Patty -> David_R | Hi, David. We are the only top Executive MBA program to run 3 campuses on 3 different continents - N. America, Europe and Asia. This allows us to offer an incredible network of classmates from over 40 countries. 1/3 of your time in the program is spent in the classroom with this diverse group of classmates. In addition, as I explained in an earlier answer, our students have the ability to follow a specific academic track when they choose their elective courses. Finally, we offer an integrated co-curricular leadership program called LEAD. LEAD allows our students the ability to focus on their own leadership development involving self-awareness, managing others and managing their networks, while progressing through the program. |
| Miriam -> Brad | How do students study together if they live outside of Chicago? |
| Brad -> Miriam | We do offer many online collaboration tools that allow several people on write papers and work on projects projects. |
| Miriam -> Patricia | Are the weeks in Hong Kong and London mandatory? Who will teach us there? |
| Patricia -> Miriam | Hi Miriam -- The international component is built into the program, so yes, it's mandatory to be in London and Hong Kong. The faculity teaching in these locations are Chicago Booth faculty. |
| Jesse_Sprague -> Patty | I travel between D.C., Chicago, and Dallas regularly. Does Booth have EMBA programs that support online access? |
| Patty -> Jesse_Sprague | Hi, Jesse. Our executive MBA program courses are all face-to-face. Booth's philosophy is that learning is most effective in the classroom with accomplished classmates and faculty. Many of our review sessions are recorded and can be accessed online, but the main course content is delivered face to face. Over half of our 90 students in the N America program commute to Chicago every other week to attend classes. We have a very mobile student body! |
| David_R -> Erika | It's unclear what 5 residential weeks refers to - is that the complete on-campus time required by the program over 21 months? |
| Erika -> David_R | David_R: The 5 residential weeks are mandatory parts of the program where you take classes with students form the other campuses (Hong Kong and London). 3 of the weeks are spent in Chicago (Kick Off and Electives) and one week is in London and the other in Hong Kong. It is included in the 21 month timeline. |
| Rick -> Brad | has the school negotiated any reduced rates at area hotels for weekend residence? |
| Brad -> Rick | We have negotiated rates near the Gleacher center |
| Cylton -> Brad | Brad, Just to be clear, in the bi weekly sessions, the accomdations are NOT covered by tuition but the residential weeks are? |
| Brad -> Cylton | The biweekly Session are NOT covered by tuition. |
| SG -> Patty | Could you tell me about the faculty. Is is the same as for the other programs? What can of style to they have? What can I expect from them? |
| Patty -> SG | Hi, SG. Since students in all of our MBA programs earn the same degree, Booth uses the same faculty across the school to ensure consistency of rigor and expectations. Since we are a research institution, our faculty are here to create and disseminate knowledge. They differ in how they teach, but all expect hard work and commitment from their students -- regardless of the Booth program in which you are enrolled. |
| Sunday -> Brad | I will be traveling from Texas. Do students typically stay in hotels or is lodging available on campus? |
| Brad -> Sunday | I'm sorry but we don't have any lodging on campus. |
| Shannon -> Patty | When is the final date for application for next year's EMBA program? |
| Patty -> Shannon | Hi, Shannon. Our final application deadline for the June 2014 cohort is April 1, 2014. |
| Miriam -> Patricia | Can you describe the average student? Also could you talk about diversity? |
| Patricia -> Miriam | Miriam - an average executive student is someone who has demonstrated the ability to be successful through their work experience, leadership, intellectual curious and extra -curricular services. At Chicago we thrive on diversity. Not simply, diversity of gender or race, but broader -- diversity of experience, ideas and viewpoints.
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| Gaurav -> Patty | As some/most of the students will be travelling to Chicago for the course...like some other leading programs, is the weekend stay (Friday/Satuday) accomodation included in the tution and provided by Booth School or do we have to make our own arrangements every week we come to chicago over the 21 months period |
| Patty -> Gaurav | Hi, Gaurav. We do include your hotel for the 5 weeks of residential sessions during the 21 months. 3 of these weeks are in Chicago, 1 week is in Hong Kong and 1 week is in Singapore. Accommodations during your regular class weekends in Chicago are not included. However, we do negotiate good rates with hotels close to our downtown building (Gleacher Center). Students appreciate the flexibility of staying at a hotel of their choice. |
| SG -> Erika | Could you put me in touch with a few current students or alums with my same background? |
| Erika -> SG | SG: Send an email to xp@chicagobooth.edu and our Admissions team will gladly assist as possible in putting you in touch with either current students or alumni! |
| Cylton -> Brad | Are classroom materials dispersed electronically or other wise? Some schools give out laptops and/or tablets as part of tuition and those devices serve as textbooks and informational devices for the students. Do you have the same policies? |
| Brad -> Cylton | We currently don't distribute laptops or tablets. We do offer a mixture of some digital and some hard copy materials, but I the digital are becoming requested by both the students and the faculty more & more. |
| Prasad -> Patricia | May I know the average experience of an EMBA class ? |
| Patricia -> Prasad | Hi Prasad - the average years of work experience for our candidates is 13+ years. Please note, this is an average number. The student body could represents experience from a wide range (10-25+ years) |
| Miriam -> Patty | What is a typical day like while in session? and are there exams? |
| Patty -> Miriam | Hi, Miriam. A typical class day is very busy and exciting. Classes on both Friday and Saturday mornings start at 9am and end at 12 noon. After a 90 minute lunch break, afternoon classes run from 1:30-4:30pm. On Friday evenings, there are typically review sessions and/or social activities. On Saturdays, we rarely plan any activity after the afternoon class ends. Students leave for the airport, train station or their cars to head back home. |
| Moderator -> Everyone | Our chat will be ending in a little over 15 minutes. Please submit your final questions so we can answer all of them! |
| Julie -> Erika | What GMAT score are you expecting at a minimum? |
| Erika -> Julie | Hi Julie and Clyton: You both are asking about GMAT scores. We do not have a minimum score required for the GMAT. We use the GMAT partly to measure a persons quantitative skills. However; our admissions team looks at all aspects of a candidate's background, knowledge, and experience when making a decision. |
| Ravi -> Patty | Can you guess the total cost of the program that we should be planning to provide for...including tuition, weekend stays at a nearby hotel, travel to London /Hong Kong etc. |
| Patty -> Ravi | Hi, Ravi. Tuition, course materials, most meals, and hotel for the 5 weeks of residential sessions are included in the $162,000. Downtown Chicago hotels typically average $150 - $200 per night and most commuting students stay on Thursday and Friday nights. Your airfare to Chicago and to London and HK will depend on where you live in the U.S. |
| Julie -> Erika | Can I send my resume or talk to somebody to see if I have the right background to apply? |
| Erika -> Julie | Julie: You sure can! Send your resume to our admissions team at xp@chicagobooth.edu and they can help you determine if the Chicago Booth Executive MBA is the best program for you. |
| David_R -> Patricia | for admission in summer 2014, by what date do you recommend applicants complete their GMAT? |
| Patricia -> David_R | Hi David - you can submit your GMAT score anytime during the application process. If you submit the application without the score at any of the decision deadlines (October 1, December 1, Feb. 3, or April 1, a decision cannot be rendered until we receive the score. Feel free to contact any of the admissions team for additional information xp@ChicagoBooth.edu |
| Miriam -> Patty | What is the career path after the Executive MBA at Booth? |
| Patty -> Miriam | Hi, Miriam. Career paths differ from student to student after the executive MBA program, but I can confidently say that every student makes some type of professional change. These changes can range from a promotion at one's current company, switching companies within the same industry or starting an entrepreneurial venture. Some executive MBA students are able to successfully make a career change, but more common is moving up within one's industry. |
| SG -> Brad | What are the school/career service benefits for alumni? |
| Brad -> SG | Placement services are are available for life in addition to continuing your education beyond graduation day. |
| Miriam -> Erika | Is the interview in person or via a video link? |
| Erika -> Miriam | Miriam: We require all interviews to be in person in Chicago. The interview lasts 45 minutes to one hour. You may meet with an admissions staff member or an alumnus of the program. The interview questions will focus on your work experience, your motivation to pursue the MBA, and your extracurricular activities. |
| Miriam -> Brad | Are class teams made of regional students only, or are London and Hong Kong students (I'm applying for next year or the year after) incorporated into all class teams? |
| Brad -> Miriam | You will working students from Hong Kong, London and North America your very first day in class. |
| David_R -> Patty | What type of applicants would benefit from an early application? |
| Patty -> David_R | Hi, David. We encourage all applicants to submit their applications as early as possible. We fill the class as we evaluate applications, so the earlier, the better. A common background we see is IT/technology/engineering. Applicants with this background often have a better chance of being admitted if they apply earlier in the process. Of course, all other items in the applicant's background need to be in line with our admissions standards. |
| Moderator -> Everyone | Thank you for joining us today. The chat session has now ended. The chat transcript will be posted by September 13th, on the following link: http://www.chicagobooth.edu/programs/exec-mba/admissions/events/online-chats/online-chats-archive |
| Patty -> Everyone | Thank you for joining us today and for your interest in our executive MBA program. |
| Erika -> Everyone | It was a pleasure being able to answer some of your questions. Have a good week! |
| Brad -> Everyone | Thank you and I hope you have a great week! |
| Patricia -> Everyone | Thank you for joining us. For additional information, please feel free to reach out to us by email at xp@ChicagoBooth.edu. Have a great day! |