Eller MBA students provide solutions to company challenges
Field project program brings leading companies and Eller College of Management students together in win-win partnerships
TUCSON, Ariz. – JANUARY 10, 2006 – MBA students at the Eller College of Management are diving into the complexities and dynamism of the real marketplace, and leading companies are reaping the benefits. The recurrent success of an alliance between Arizona’s academic and business communities is being underscored by the increase in the size and profile of participating companies.
The Eller College of Management will kick off its 2006 MBA field project semester with a stellar list of participating companies on Friday, Jan. 13. Working with corporate executives, students will provide consulting to companies ranging from Honeywell Aerospace to Intel Corporation and Wells Fargo during the field project component of their MBA education. The required project pairs 1st year MBA student teams with participating companies.
This year, IBM joins a growing list of widely recognized businesses sponsoring Eller MBA teams to continue a pattern of increasing number, profile, and commitment of participating companies. Honeywell Aerospace is an example of continued and growing commitment. In 2005, the company sponsored an Eller College team to analyze a complete patent portfolio for business applicability in new market segments. The results provided by the students prompted the company to sponsor four more teams for similar projects in 2006, and an additional team to conduct a competitive landscape analysis for another phase of patents.
Canyon Ranch, with spa resort locations in both Tucson and Lenox, MA, has worked with Eller College as well as Harvard MBA students. Jerry Cohen, vice chairman and CEO of Canyon Ranch, said that the organization is pleased to work with Eller students again this year. “I must honestly say that the quality of the work and the benefits to be derived by Canyon Ranch from the efforts of the Eller students were right on par with that of the Harvard group,” Cohen praised.
The program has proven to benefit both the participating companies and the students. Eller MBA students gain real-world business experience by tackling and solving strategic business problems while participating in the required field projects. Sponsoring companies gain a fresh perspective and are able to capitalize on the analytical and technical skills that students bring to the table under the supervision of Eller College faculty and staff.
Shyam Jha, director of professional development for Eller MBA programs, calls the field project a critical component of the curriculum. “Experiential learning is a key differentiator for the Eller MBA program. Students graduating from our program enjoy a competitive advantage in the job market because of such in-depth work within industry,” said Jha.
The kick-off events for the 2006 Eller College field projects are Friday, Jan. 13, at 8:00 a.m. and 11:00 a.m. in McClelland Hall, The University of Arizona. The kick-off brings together students, company executives, MBA faculty, and staff to introduce the 2006 sponsors and conduct initial scope and substance meetings for the four-month projects.
Companies participating in the 8:00 a.m. launch include Cyracom Transparent Language Services, Northwest Fire Department, PPEP Tec, Rain Bird Corporation, St. Gregory Preparatory School, TLC Healthcare, The University of Arizona Student Union, and University Physicians Healthcare. Those participating in the 11:00 a.m. event are Honeywell Aerospace, IBM, Intel Corporation, Intuit, Canyon Ranch, and Wells Fargo.
For information about participating in a future field project program, contact Tammy Farris in the Eller MBA program at 520.621.9400.
The Eller College of Management at the University of Arizona is internationally recognized for pioneering research, innovative curriculum, distinguished faculty, excellence in management information systems, entrepreneurship, and social responsibility. U.S. News & World Report ranks the Eller undergraduate program #12 among public business schools and two of its programs are among the top 20 — Entrepreneurship and MIS. U.S. News & World Report ranks the Eller MBA Full-Time program #48 in the U.S. The College leads the nation’s business schools in generating grant funds for research. In addition to a Full-Time MBA program, the Eller College offers the 25th ranked Evening MBA program, the Eller Executive MBA and the Online MBA. The Eller College of Management supports more than 5,000 undergraduate and 600 graduate students on the UA campus in beautiful Tucson, Arizona.
Liz Warren-Pederson, Eller College of Management
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