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New Programs Provide Competitive Edge

1/16/2009 --

Ross launches master's program for supply chain professionals and non-credit program for entrepreneurs.

ANN ARBOR, Mich.—Two new programs kicked off the new year at the Ross School of Business. In the area of degree offerings, the Master of Supply Chain Management Program (MSCM) welcomed its inaugural class from points across the globe while the non-credit MBA Essentials for Entrepreneurs (MBAEE) brought together U-M faculty and graduate students, U-M Health System residents and interns, and others at the University who hold fellowships or other post-doctoral positions.

The breadth and diversity of the offerings demonstrates the Ross School's agility in addressing the needs of global business while adding value at the local level. In each case, the school partnered with one of its top research institutes to bring cutting-edge programming to participants.

Ross and Tauber Institute Link for Supply Chain Program

Logistics and effective supply chain management are more critical today than ever to organizational survival, says Ross School Dean Robert Dolan with regards to the launch of the school's MSCM degree. Candidates in the one-year master's program join the Tauber Institute for Global Operations, which is a joint initiative between Ross and the College of Engineering.

"Supply chain management is often as much about moving information as it is about moving goods," Dolan says. "Companies understand that effective supply chain management is a huge source of competitive advantage. The new MSCM program at Ross gives students an opportunity to focus for one year on this critical aspect of business and develop their own competitive edge in the market."

The robust curriculum of the MSCM program includes a core set of supply chain management courses, a business fundamentals boot camp (covering all business disciplines), and the opportunity for students to take business and engineering school electives. As Tauber students, MSCM candidates will participate in the Tauber Institute's LeadershipAdvantageSM series and summer team-based projects.

The launch of the MSCM program brings five new supply chain courses to the Ross School's offerings, which are available as electives to all Tauber students: Supply Chain Analytics, Strategic Sourcing, Logistics, IT for Logistics & Supply Chain Management, and Special Topics in Supply Chain Management.

Courses address current and traditional issues, arming students with the business acumen and global perspective to be critical thinkers with the ability to analyze, develop, and enhance an entire supply chain. Combining the expertise of the University's business and engineering programs will produce graduates who understand the dependencies and interconnectedness of all business functions.

For information on the MSCM program, go to: http://www.bus.umich.edu/mscm or contact the MSCM Program Manager, Eric Olson at eric0@umich.edu or (734) 647-1396.

Ross and Zell Lurie Institute Support Entrepreneurs at U-M

Each year, hundreds of U-M research ideas and scientific breakthroughs are commercialized, resulting in patented inventions, technology agreements, and a handful of business startups. The MBA Essentials and Entrepreneurship Program (Jan. 9 to March 7) is designed to translate even more U-M ingenuity into commercial success.

The seven-week MBAEE Program is open to U-M faculty and graduate students, U-M Health System residents and interns, and others at the University who hold fellowships or other post-doctoral positions. Ross School faculty, graduate students, and post-docs are not eligible.

"Given the volume of research at the University, we have a large number of specialists working on projects that have the potential for new products, new services, new businesses, and new forms of partnerships," says George Siedel, the program's faculty director and professor of business law at the Ross School. "By providing U-M faculty and graduate students with an understanding of the essentials from our MBA program along with an entrepreneurial focus, we hope to advance the interests of the University community and the state of Michigan."

Ross School Dean Robert Dolan says the program complements existing resources at the University that operate at the intersection of breakthrough ideas and commercialization.

"MBA Essentials and Entrepreneurship is an exciting addition to the University's robust commitment to bringing creative ideas into the marketplace in the state of Michigan and beyond," he says. "We've designed the content for people who can envision themselves developing an idea or starting a company at some point in the future.

"Some participants may have a general interest in entrepreneurship and in building a foundation of business knowledge. Others may be poised to start a company or to commercialize a specific idea or piece of intellectual property."

There are two components to the program. The first component covers concepts, frameworks, and tools from key first-year MBA core courses such as accounting, finance, and marketing.

The second part, the entrepreneurial essentials, focuses on what it takes to develop, finance, and launch a business. Topics covered include idea generation and protection, commercialization, feasibility analysis, competitive landscape, finance, business planning, finding the right people, and how to fund a new venture.

For more information, visit www.bus.umich.edu/MBAEE.

Subsequent offerings will be scheduled in light of University demand.



For more information, contact:
Bernie DeGroat, (734) 936-1015 or 647-1847, bernied@umich.edu