Learn more about earning your Online Master of Business Administration from Ohio University.
Transcript
00:03 good afternoon and thank you everyone
00:06 for joining us for Ohio University’s
00:09 online webinar today today you all are
00:12 in for a special treat we’re going to
00:14 discuss the online masters College of
00:17 Business programs and you’ll have the
00:19 opportunity to hear directly from our
00:21 program directors for today’s agenda I
00:26 will introduce to you each one of our
00:28 program directors and professors for our
00:31 online MBA our business analytics and
00:34 accountancy programs each one of our
00:37 speakers will give an overview of their
00:39 program and highlight some of the unique
00:41 key points of that degree program we’ll
00:44 also cover the requirements of each
00:46 master’s degree and application
00:48 checklist at the end of the presentation
00:50 we will have a Q&A; session so please be
00:53 sure to utilize the Q&A; box and type in
00:56 your questions we will try to answer as
00:58 many questions as time permits however
01:00 feel free after the presentation to
01:03 reach out to your enrollment advisors
01:05 for any additional questions that you
01:07 may have so what online master’s program
01:15 from our College of Business suite is
01:17 right for you we want you to ask
01:19 yourself this question while you listen
01:21 closely during our webinar presentation
01:24 today as each of the program directors
01:26 and professors from the online MBA the
01:30 business analytics and accountancy
01:32 programs give you that detailed
01:33 information and then we hope I’d be
01:36 ended the presentation that you would
01:38 have an answer for yourself as to which
01:40 program is right for you
01:45 so we’ll start off with our online
01:47 masters and business administration
01:49 program I’d like to welcome both our
01:53 financial and Operations Officer of
01:55 graduate and professional programs Jill
01:58 rice as well as our director and
02:00 associate professor of business
02:03 analytics doctor still young welcome
02:07 good afternoon everybody my name is bill
02:10 young and as you said I’m the director
02:12 of there
02:13 our online MBA program I’ve been the
02:16 director for about seven years so I’ve
02:18 seen the program grow tremendously since
02:21 the start of the program on a personal
02:23 note I’m a professor of business
02:25 analytics I’ve been with the college a
02:27 number of years I’m an associate
02:28 professor and basically everything that
02:32 I teach our research revolves around
02:34 predictive and prescriptive analytics
02:36 and the applications there was in
02:39 business education and healthcare and
02:42 you know all sorts of research and
02:45 teaching avenues as far as our MBA
02:48 program I definitely want to thank
02:50 everybody too that took the time out of
02:52 their schedules today or later going to
02:55 watch the recording of this webinar but
02:58 in terms of our MBA I just want to give
02:59 you a you know an overview of what we
03:02 offer here at the College of Business at
03:05 Ohio University the MBA program starts
03:09 out with a set of core courses that
03:12 you’ll take and if you browse our
03:13 website you can see more thorough
03:16 descriptions of those core courses but
03:18 it is really a generalist approach to
03:20 the MBA path so for example the first
03:23 four semesters that you’ll take with us
03:26 you’ll be taking courses that ranges
03:29 range from traditional finance
03:31 accounting data analytics OB HR and then
03:36 you’ll get into more domain specific
03:38 topics such as operations and supply
03:40 chain management strategic use of
03:42 information technology and systems and
03:47 then other courses that are surrounded
03:50 with marketing and sales and things like
03:52 that and if you look at the demand for
03:55 an MBA it’s ever-changing in the
03:59 workplace and what we’ve determined
04:02 through our research and our ongoing
04:04 efforts to improve the program is that
04:06 you know working professionals need more
04:10 specific skills these days and that’s
04:12 why we have eight different
04:13 concentrations and you can read those
04:15 concentrations on the slide in front of
04:18 you but we have executive management
04:20 finance healthcare business analytics
04:22 operations and supply chain management
04:24 accounting and strategic use our
04:27 sorry strategic selling and sales
04:29 leadership and business venturing and
04:31 entrepreneurship each of those
04:33 concentrations are three courses
04:35 so essentially upon the nine core
04:37 courses and the three concentration
04:41 courses that will comprise the
04:43 requirements of of our degree completion
04:47 requirements for the NBA each of our
04:50 courses are seven weeks so in a given
04:52 semester we break the term up into two
04:54 parts term a is the first part which is
04:57 the first seven weeks of the semester
04:59 the second part Part B is the last seven
05:02 weeks of the semester we find this
05:04 strategy very helpful for working
05:06 professionals like you because simply
05:09 put you can focus on one course at a
05:11 time rather than competing due dates for
05:14 assignments and sort of competing with
05:16 time that you have available in multiple
05:19 classes you can dedicate yourself to one
05:21 class at a time and it’s really worked
05:24 well happy to say that we are
05:26 consistently ranked in US News and World
05:28 Report Forbes Bloomberg poets and quants
05:32 and a lot of other media sites and
05:36 informational sites out there when
05:39 rating the you know MBA programs in the
05:42 nation so we’re happy to say that we’re
05:45 always interested to know where we place
05:47 every year as far as our faculty go I
05:50 can tell you that 80 80 % or more at a
05:53 given time our faculty teaching the
05:55 course who have terminal degrees so
05:58 you’re not being taught by a TA some of
06:00 the other programs that we have
06:02 researched a benchmark are led by a
06:06 faculty who has a terminal degree but
06:08 they’re not necessarily the people that
06:10 you’re interfacing with in our program
06:12 that’s a different JQ factor because
06:15 you’re speaking directly to and being
06:16 taught by those terminal degree faculty
06:19 and if they’re not terminal degree with
06:20 a PhD JD and others they’re
06:23 professionally qualified people so think
06:25 of the CPAs of the world teaching
06:26 accounting um we’ll see maybe Jill okay
06:34 a concentration well okay
06:36 yeah bunch of it so sorry I got a little
06:38 sidetracked there I was in a zone for a
06:40 second
06:41 but maybe we can talk a little bit about
06:43 the leadership development program
06:44 because that’s that’s another
06:46 differentiating factor and before I pass
06:48 it off I will say another
06:49 differentiating factor is our price
06:52 point of what our program cost and we’ll
06:55 get into a little bit more about that
06:57 I’m sure later but Jo can you tell us a
06:59 little bit more about our leadership
07:01 development program sure I’d be happy to
07:03 and actually this particular point that
07:06 I’m going to talk about applies across
07:08 all of the programs that you’ll hear
07:10 about today so whether you choose the
07:12 MBA the Masters in Business Analytics or
07:15 the masters of Accountancy you would
07:17 have the opportunity to take place in
07:20 our leadership development program which
07:21 is like Bill said definitely one of the
07:24 we feel like one of the biggest
07:26 differentiators for our programs but the
07:29
leadership development program is
07:31
something that we offer where students
07:33
come to campus twice a year so you can
07:36
come to up to three when you’re in the
07:39
program and they’re offered every April
07:41
and every August you would be required
07:44
to come to one but again your tuition
07:46
and fees covers your participation in up
07:49
to three of those and we bring in
07:51
speakers top speakers from the industry
07:54
that come in and facilitate keynote
07:57
sessions on leadership and then we have
07:59
breakout sessions that are for each
08:02
concentration within all of our programs
08:04
and then also just opportunities for you
08:09
to network with the faculty meet the
08:11
faculty that you’re working with network
08:13
with other students see the campus that
08:16
you’re a part of because once you become
08:18
a bobcat you’re always Avadh cat so we
08:20
like to bring to our students to campus
08:22
so that they’ve really feel connected
08:24
and you’re not just in an online program
08:26
you’re a part of this campus and we want
08:28
to see you and meet you and have the
08:30
opportunity to work with you okay I do
08:36
actually want to mention now that I had
08:39
a second to collect my thoughts about
08:41
some key differentiating factors that
08:43
I’ve already mentioned and some maybe
08:44
that I haven’t you know when I look at
08:47
our MBA you know it’s strong and that’s
08:50
well received by working professionals I
08:52
mentioned the cost point
08:54
that our program offers like I said
08:57
we’re we’re consistently ranked in US
09:00
News and World Report about our value
09:02
that we provide where AACSB accredited
09:05
which is something that I encourage you
09:07
guys to look at and when you’re doing
09:09
your comparisons amongst other schools
09:11
make sure that they have an AACSB
09:14
accreditation we do for both our
09:17
undergrad and grad programs our
09:19
flexibility is key I think the unique
09:23
selling point of those seven-week
09:24
classes at the time is nice we also
09:28
don’t necessarily encourage you to step
09:31
out of the program but if you need to
09:32
that’s something that we’re capable of
09:35
dealing with and getting you back on
09:36
board when you can we we know you’re
09:39
working professionals we know you’re
09:40
adults we know you have responsibilities
09:42
both at work at home and in you know
09:47
sort of the classroom as well so we’re
09:50
very comfortable with that as far as our
09:54
concentrations go we figure we feel that
09:57
we offer a good diverse set of really
10:00
important business skills to develop you
10:03
know especially their emerging ones and
10:06
analytics operations selling
10:10
entrepreneurship and other traditional
10:12
MBA topics and I think you know I’d be
10:17
remiss to say our strength is our our
10:20
faculty and staff and everybody that
10:22
works in the program we’re very
10:23
dedicated and care deeply about our
10:26
success and we really work tirelessly to
10:29
do everything we can do to make sure
10:32
this is you know the best program that
10:34
we can possibly put together we have
10:37
faculty working with learning designers
10:39
with content that’s structuring content
10:41
for the adult learner we have staff
10:43
working with you making sure you have
10:46
enough information the right information
10:48
at the right time for you to proceed
10:52
through the program smoothly so all that
10:56
said I encourage you to look at our
10:59
program seriously and and like I said
11:01
earlier compared to other programs who
11:03
are AACSB accredited their price
11:07
point where we come in around
11:09
35-thousand is actually ranked like I
11:12
said consistently amongst the best value
11:14
that you can obtain awesome thank you
11:22
both for that valuable information so
11:25
now I want to cover with you the
11:28
requirements and the application
11:30
checklist for our online MBA program in
11:33
order to be considered for admission to
11:35
the program it is recommended that all
11:37
applicants have a conferred and
11:39
accredited bachelor’s degree or higher
11:42
with at least the 3.0 GPA since our
11:45
program is meant for those in the
11:48
industry we also require a minimum of
11:50
two to five years of professional
11:53
progressive work experience please note
11:56
that our program does not require the
11:58
GMAT or GRE scores and the program will
12:01
not accept any transfer credits if you
12:04
are uncertain if you meet any of these
12:06
program requirements please reach out to
12:08
your enrollment advisor for assistance
12:10
now once you have met the requirements
12:12
and you’re ready to apply to complete an
12:15
online application you’ll need to
12:16
provide us with transcripts from each
12:19
institution that you have attended this
12:21
is very important if you have transfer
12:23
credits and if you attended more than
12:25
one institution will need a separate
12:28
transcript showing that information we
12:31
also require a current updated resume or
12:34
current cover less cover letter three
12:37
letters of recommendation with at least
12:40
one coming from your current supervisor
12:42
or manager and the other two from other
12:45
professional references also a personal
12:48
goal statement now with this personal
12:50
goal statement we’re looking for you to
12:52
explain your career objectives as well
12:55
as your interest in the program the
12:58
online application fee is $50 now an
13:02
important topic when selecting any
13:04
graduate degree option is always tuition
13:07
on the online solutions cost per credit
13:10
hour is one thousand four dollars for
13:13
Ohio residents and one thousand twenty
13:16
three dollars for non Ohio residents the
13:19
MBA program consists
13:20
35 credits so your total cost as an Ohio
13:24
resident is thirty-five thousand nine
13:26
hundred and eighty dollars and a non
13:29
Ohio resident would be thirty six
13:31
thousand six hundred and forty five
13:33
dollars now let’s move into our online
13:40
masters in business analytics program
13:43
we’re going to jump back to dr. Young
13:47
who will share some insights and program
13:49
details on what our online master’s in
13:52
business analytics program makes it
13:54
unique dr. young
13:56
certainly so I am the program director
14:00
for both of our programs and there’s a
14:03
lot of synergy between the two so
14:05
oftentimes we get the question you know
14:07
why would I choose one program or the
14:10
other and you know when I look at the
14:13
the differences between the program you
14:16
know one is going to be more centered
14:18
upon an overall breadth of business so
14:22
if you’re coming from an engineering
14:23
background let’s say or something other
14:26
than business you’re going to be exposed
14:28
to you know a lot of our traditional
14:30
business executive management type of
14:33
courses that you’re going to build
14:36
leadership skills you’re going to know
14:39
certain things that go on and how to
14:41
manage certain things that go on and a
14:44
corporation and an environment like that
14:47
so it’s very much our MBA is centered
14:49
around leadership so think of the ethics
14:52
courses the organizational behavior
14:55
courses the change management courses
14:57
that you would take certainly there’s
15:00
courses that are traditional like
15:01
business analytics being one finance
15:05
accounting and some others like
15:08
operations management and when you do
15:11
take the online MBA and when you do take
15:13
a concentration of business analytics
15:16
analytics you’re getting a flavor of the
15:19
major topics within analytics certainly
15:23
with the exposure of those traditional
15:25
business concepts so you’re going to
15:27
have a good overall experience you know
15:29
with those 3 courses those are the
15:31
primary courses but if you really want
15:33
to
15:34
to develop a deeper understanding and a
15:37
deeper skillset certainly for analytics
15:40
you’re going to you’re going to want to
15:41
explore the Masters of Business
15:43
Analytics program that we offer as I
15:46
said there are some synergies between
15:47
the two we do offer some of the courses
15:50
that we offer in the MBA into the Oh MBA
15:54
n program and some of those are in fact
15:58
centered on leadership and strategic use
16:00
of both analytics and information
16:02
systems
16:03
you know we collect data we have to
16:05
understand some of the strategies of
16:07
limitations the benefits of those
16:10
systems the primary primarily our
16:13
curriculum is focused on the data driven
16:16
methodologies and applications of those
16:19
methodologies that one would learn in a
16:21
program like this to apply it to solve
16:24
business problems real-world business
16:26
problems so our courses are set up in a
16:30
way that will take a student that maybe
16:34
has never even considered an analytics
16:36
program before and at the very least has
16:39
never well let’s just put it this way
16:42
has much experience in analytics we our
16:45
program is designed to take students
16:47
like that and ease them into the program
16:49
and gradually over the course of five
16:52
semesters build up our skills and build
16:56
up your confidence in and applying and
16:58
using analytic capabilities so the major
17:03
pillar pillars of analytics certainly
17:06
revolve around descriptive so telling us
17:09
what the data looks like making stories
17:11
around the data summarizing data and
17:14
building reports in other words
17:15
predictive analytics taking historic
17:18
data building models and applying those
17:20
models to predict some sort of future
17:23
outcome or to look at applying models to
17:27
understand certain demographics and how
17:30
those inputs if you will ultimately
17:33
affect models that we create could be
17:35
centered around marketing initiatives
17:37
who is likely to by what and why all the
17:42
way up to prescriptive analytics which
17:44
is that on delivering a
17:47
if you will dedicated a delivered and
17:50
mathematically driven if you will
17:52
solution to business problems so think
17:55
optimization and other topic sets are
17:58
surrounded with dealing with uncertain
18:01
information because as you know the
18:04
world is kind of chaotic and there are a
18:07
lot of unknown decisions and information
18:10
at times that we need to make these
18:12
decisions so that’s these are definitely
18:16
the three pillars and I would be remiss
18:18
by not saying that the other pillar if
18:20
you will is information systems so we
18:24
will start by analyzing small data sets
18:26
we will gradually increase that size and
18:29
certainly in today’s age there’s an
18:32
abundant need for being able to analyze
18:36
large data sets so you will get to a
18:39
point where you will start to learn how
18:42
to how to essentially manage databases
18:46
from a structured and unstructured
18:48
manner and what I mean by that is
18:51
sometimes data is nicely formatted
18:53
sometimes it’s not think of Twitter and
18:56
and the open and different text
18:59
analytics it’s unstructured in nature so
19:01
we have to figure out ways to deal with
19:03
that and to deliver insight from that
19:06
data so you will go through the whole
19:10
gamut if you will from very small
19:14
analyses to very I would say complex but
19:20
in a good way that you’re adding value
19:21
to your organization because these
19:25
deeper skills are definitely needed we
19:27
also feature software that is demanded
19:30
by business so you will definitely get
19:31
an exposure to some of the foundational
19:35
software’s like Excel moving on to
19:39
add-ins to excel to do optimization or
19:41
some preliminary data analysis all the
19:44
way to our and tableau and Python and
19:47
Microsoft sequel server so things like
19:50
MySQL and things like that so we
19:53
definitely focus the curriculum in a in
19:56
an applied manner that uses the
19:59
technology that is the
20:00
ended by business a day and if you’ve
20:03
looked into analytics at all you will
20:05
know that several consulting agencies
20:08
have stressed that there’s millions of
20:10
jobs nationwide over the next few years
20:13
that will go in for unfilled because
20:16
simply put higher education is not
20:19
delivering enough graduates to fulfill
20:22
the demand of those positions so those
20:26
positions are coming from you know
20:28
entry-level positions
20:30
mid-level positions and upper upper
20:33
level positions so you know take a look
20:37
at the job market the number of jobs are
20:40
exploding so if you’re a sort of a
20:42
career changer you know this is a great
20:44
thing to pick up if you’re a career
20:46
enhancer this is a great choice for you
20:49
as well awesome thank you again dr.
20:58
young so now just to cover some
21:02
requirements for the business analyst
21:03
program basically the application
21:06
checklist as far as the GPA and your
21:09
undergraduate degree that information is
21:11
not going to change but what we want to
21:13
mention here as far as the personal goal
21:15
statement is that you do want to mention
21:18
those soft and technical skills that may
21:21
have an impact on you applying for the
21:24
Masters of Business Analytics program
21:25
because we’re going to want to see a
21:27
little bit more of you know why you’re
21:29
interested in this program outside of
21:32
the MBA with a concentration in
21:34
analytics pretty much that’s the only
21:37
change there as far as the cost to the
21:39
program for the analytics not too far
21:42
off from the MBA program if you’re in
21:45
Ohio resident you’re looking at one
21:47
thousand one hundred and seventy five
21:49
dollars per credit hour that will bring
21:52
your total cost to thirty five thousand
21:54
two hundred and fifty dollars and if
21:56
you’re a non Ohio resident you’ll be
21:59
looking at the per credit hour cost of
22:01
one thousand one hundred and ninety four
22:03
dollars in total cost of thirty five
22:06
thousand eight hundred and twenty
22:07
dollars with the master’s in business
22:10
analytics program you’re focusing on a
22:12
total of thirty
22:13
credits over 11 courses so that’s the
22:16
difference there as far as cost and
22:19
credit hour now last but not least we
22:26
also want to share with you insights
22:27
about our online masters in accountancy
22:30
program so we have here with us today a
22:33
professor of the program dr. Jennifer
22:36
Stephens welcome dr. Jennifer hi my name
22:42
is Jennifer Stevens and I am a professor
22:44
in the master of Accountancy program I
22:47
have an undergraduate a masters and a
22:49
PhD in accounting prior to going back to
22:53
get a PhD I worked for a big for public
22:56
accounting firm Ernst and Young at the
22:58
time now they’ve rebranded themselves to
22:59
ey and I worked in a fraud in forensics
23:02
group I also then worked at a smaller
23:05
boutique consulting firm Alvarez and
23:07
Marcelo they primarily do bankruptcy
23:09
turnaround work and then I briefly
23:11
worked for a company called curse and
23:12
Lerman group and I believe they’ve
23:13
rebranded themselves to GLG they provide
23:16
market research to the buy-side
23:17
investment analysts hedge funds private
23:20
equity etc so I’m really excited to talk
23:22
to you about Ohio University’s new
23:24
masters of Accountancy program so first
23:27
of all I would like to pose the question
23:28
why accounting I’m going to give you two
23:31
reasons accountants are information
23:33
specialists the problem of the 20th
23:35
century was lack of data and the problem
23:37
of the 21st century is too much data
23:40
accountants turn data into information
23:42
we help answer the questions what
23:45
questions should we be asking what data
23:47
is useful to answer that question where
23:49
is that data how can we turn that data
23:51
into information useful for decision
23:54
making and what is that information
23:55
telling us as it relates to business
23:57
operations and strategy the second
24:00
reason is accountants have a solid base
24:02
in general business knowledge because
24:05
all aspects of the business run through
24:07
the accounting system employers know
24:09
that those with an accounting background
24:10
have a strong understanding of the
24:12
business in general that they also hold
24:15
the quantitative skills necessary for
24:17
upper level of decision making the
24:19
masters of Accountancy really builds
24:22
these quantitative skills and focuses on
24:24
information and decision making
24:26
these qualities will make those with a
24:28
master’s it becomes the especially
24:29
attractive to employers not only for
24:31
tounging positions but also for
24:33
positions in many other business
24:34
specialties this advanced degree could
24:36
really help open doors and diversify
24:39
your job options within your current
24:41
learner or it could present new
24:43
employment opportunities perhaps with
24:45
the big four accounting firm various
24:47
other consulting firms or other
24:49
corporate employers of course a CPA
24:52
credential would make the applicant even
24:54
more attractive to potential employers
24:56
and a masters in accountancy degree is
24:58
the most effective and efficient path
25:00
the meeting CPA requirements so let me
25:04
talk specifically about our program our
25:06
program is designed to go beyond
25:08
foundational principles and only build
25:10
leadership mindset while advancing a
25:12
student’s analytical strategic and
25:14
critical thinking skills in accounting
25:16
in order to do this we have specifically
25:19
incorporated a three course sequence in
25:21
data analytics you’ll also take classes
25:23
in advanced auditing and a general
25:25
accounting tax research ethics and fraud
25:28
in forensics we’ve also designed our
25:30
program around a case based curriculum
25:32
aligned with today’s industry-leading
25:34
best practices the program can be
25:37
completed inside the seven semesters
25:38
depending on your background we’ll work
25:41
with you to design a program that best
25:43
suits your prior preparation so for
25:45
those with an undergraduate degree in
25:47
accounting you could complete the degree
25:48
in five semesters and for those with an
25:51
undergraduate degree in business other
25:53
than accounting you could complete the
25:54
program in seven semesters if you don’t
25:57
have an undergraduate degree in business
25:58
we’d work with you to incorporate a few
26:01
additional additional courses into the
26:03
program or you could choose to complete
26:06
the MBA with a concentration in
26:08
accounting and then add on a few
26:10
additional accounting electives if you
26:12
were interested in pursuing the CPA of
26:14
course our master of accountancy will
26:16
help you fulfill those CPA requirements
26:18
for those that are interested in
26:20
pursuing a CPA but I want to stress that
26:22
the program has much higher level
26:23
learning objectives and we’re not solely
26:25
focused on CPA preparation we’re focused
26:28
on information and decision making and
26:31
of course we also offer our students the
26:33
opportunity to attend a leadership
26:35
development workshop for weekends here
26:37
in asset
26:37
so I’m happy to take any question and I
26:40
think that’s kind of an overview of our
26:42
program awesome thank you again dr.
26:49
Jennifer so as she mentioned questions
26:52
we will have a Q&A; session at the end of
26:55
the presentation so please be sure to
26:57
utilize the Q&A; box throughout the
27:00
presentation and we will cover as many
27:01
questions as time permits so just like
27:05
the masters in business analytics as
27:08
well as the MBA program the requirements
27:10
here for the accountancy program or
27:13
somewhat the same as far as the
27:14
undergrad GPA in the application
27:18
checklist one thing to point out however
27:20
as dr. Jennifer mentioned we do have two
27:23
different types of students for this
27:25
program so you’ll find that the non
27:28
bridge students those that are career
27:30
enhancers those that have a bachelor’s
27:34
degree in accounting they would be
27:36
required to take a total of 10 courses
27:39
that equal out to 30 credits so if
27:43
you’re in state resident your cost would
27:45
be one thousand one hundred and seventy
27:47
five dollars per credit so if you’re
27:49
Korean hanser you’re total cost would be
27:51
thirty-five thousand two hundred and
27:53
fifty dollars for in-state in a total of
27:56
thirty five thousand eight hundred and
27:57
twenty dollars for odd States and then
28:00
we have the other career track if your
28:03
career changer we refer to you as a
28:05
bridge student meaning that you do have
28:07
to take four bridge courses before
28:10
jumping into the core curriculum of the
28:12
program so you’re looking at a total of
28:14
fourteen courses to equal about forty
28:18
two credit hours so these are
28:20
individuals that have a bachelor’s
28:22
degree in business outside of accounting
28:24
or a business related field now for more
28:27
specifics on what we refer to as a
28:30
business related field please feel free
28:32
to reach out to your enrollment advisor
28:34
for further information now the cost of
28:37
course will be a little more because you
28:39
do have to take the four additional
28:41
courses for Ohio residents your total
28:44
cost would be forty-nine thousand three
28:46
hundred and fifty dollars and for non
28:48
Ohio residents your
28:50
would be fifty thousand one hundred and
28:52
forty eight dollars so now ladies and
28:58
gentlemen we have come through our QA
29:00
section of the presentation again please
29:03
be sure to utilize the Q&A; box to type
29:05
in your questions and we will answer as
29:07
many questions as time permits remember
29:10
that your online MBA program you can
29:13
specialize in either one of Business
29:16
Analytics concentration or the
29:18
accountancy concentration if you’re a
29:20
little torn between the two programs
29:22
alone however if you’re still trying to
29:25
determine the better option for your
29:26
needs after this webinar we do encourage
29:29
that you review our website for similar
29:32
program and concentration information as
29:35
well as other webinars that we have
29:37
conducted for a better understanding of
29:39
each my name is Brittany Smith I’m an
29:42
enrollment advisor I will be answering
29:45
most of the questions that I see come
29:47
through today if I’m not able to answer
29:49
the question I will pose them to our
29:51
program directors and professors and
29:53
again reach out to your prospective
29:55
enrollment advisor if your question was
29:58
not able to be answered on our webinar
30:01
today so our first question here comes
30:05
from our audience
30:07
do you have scholarships in our program
30:10
for any of the programs that we discuss
30:13
today unfortunately we do not offer any
30:15
scholarships however we do accept
30:18
financial aid if you qualify you’ll go
30:21
online resolve the FAFSA we also accept
30:24
any tuition assistance programs from
30:26
your employers and if you are military
30:29
active or veteran we do have a Veteran
30:32
Affairs office that will work with you
30:34
on any paperwork as far as the tuition
30:36
cost for the program as well our next
30:40
question is in regards to the LDP
30:44
workshop this question is travel covered
30:48
for the leadership development workshops
30:50
and how many are there
30:54
so I can answer that question travel
30:57
unfortunately is not covered for the
31:00
leadership development work
31:01
weekends we do cover most of your meal
31:04
plans as well as your room and board
31:08
your hotel stay
31:09
however travel will be the expense that
31:12
you would need to cover on we offer
31:15
three leadership development workshop
31:17
weekends in the program however we
31:19
require that you only attend one the
31:22
other two are optional what we do
31:23
strongly encourage that you attend the
31:26
other two because if you do you meet
31:27
other students outside of your cohort
31:29
that are also in your prospective
31:32
program um let’s see here I have a
31:41
question for the MBA directors the
31:44
question is how common are career
31:47
changers in the MBA program so a dr.
31:51
young or Jill would you be able to
31:53
answer that question for us please I’d
31:58
say you know the data always shifts
32:01
around a little bit we do have exit
32:03
surveys and things like that that we get
32:04
a pulse on our students at the beginning
32:07
actually in the end you know I would say
32:09
25 to 30 percent is a good number that
32:13
are career changers but it’s always so
32:16
hard to to quantify that because they
32:19
might be leaving a certain industry
32:21
let’s say manufacturing for more of a
32:24
service-based industry but their roles
32:26
in those two environments are similar at
32:30
times so you know they’re there it’s
32:33
hard to really say how drastically some
32:36
of these career changers are but what we
32:40
see in our polls are about 25 to 30
32:43
percent thank you um and I have a
32:50
question coming in for the accounting
32:52
program so dr. Jennifer if you can
32:54
answer this one for us can I sit for the
32:57
CPA exam after obtaining the online
33:00
masters of accounting program at Ohio
33:05
well
33:07
it will depend on your prior preparation
33:09
and it will depend on your specific
33:11
state requirements and so we would be
33:15
happy you know to talk with students on
33:18
a one-to-one basis to get them the
33:21
requirements that they need but again
33:24
each state has slightly different
33:25
requirements and so it would depend and
33:30
we would work with you to get you to the
33:34
number of requirements that you need if
33:36
you have an undergraduate degree in
33:37
accounting and you have you take the
33:40
masters of Accountancy yes you would
33:41
definitely meet the requirements for a
33:44
CPA and if you are part of our bridge
33:48
students or career changes where you
33:51
have an undergraduate degree in business
33:52
and then you complete the masters of
33:55
Accountancy program again in 95% of the
33:59
cases you are going to meet the CPA
34:01
requirements of your state as well so I
34:03
guess the short answer is yes almost
34:07
always and but again we would want to
34:10
check with your individual state
34:11
requirements to make sure if you don’t
34:15
have an undergraduate degree in business
34:16
then you would have to work with you a
34:19
little bit more perhaps perhaps like I
34:21
said adding on more courses or going
34:25
toward an MBA with a concentration in
34:27
accounting and then adding on additional
34:29
accounting elective great thank you
34:34
um this question is for business
34:38
analytics so the question is I hear
34:41
there is a bridge course for the
34:42
analytics program how long is the course
34:45
and what does it cover a great question
34:51
so I’ll back up and describe the purpose
34:55
of the bridge first answer this question
34:57
sometimes you know students have been
35:00
out of college for a while certainly
35:02
they’re not used to an online learning
35:05
environment which has drastically
35:07
changed in the in the course of 15 years
35:10
ten years something like that
35:12
so sometimes we get applications that
35:15
don’t necessarily highlight that they’ve
35:18
been successful in accounting finding
35:21
economics and quantitative courses and
35:24
we do offer a bridge program if that is
35:27
one thing that we are concerned about in
35:29
terms of a mission process or judgment
35:32
call so the the bridge is four modules
35:36
and I say modules because a module is
35:39
commonly used in our curriculum but it’s
35:41
a group of topics and those topics range
35:46
from very basic Excel descriptive
35:50
statistics and analytics so jumping into
35:54
the software and really making sure
35:56
people have a baseline understanding of
35:59
how to use Excel how to generate
36:01
formulas how to generate tables and
36:03
figures within those of that environment
36:06
and try to interpret data so that’s kind
36:09
of the start of module 1 module 2 jumps
36:14
into more or less more advanced Excel
36:18
but we’re getting into more of the
36:22
statistics and probability that probably
36:25
I’m guessing some haven’t had for quite
36:27
some time so probability and statistics
36:30
is the foundation of analytics a lot of
36:34
times so we want to make sure people are
36:38
caught up to speed on some of those
36:40
topics that they haven’t been exposed to
36:42
for quite some time or they just want to
36:44
brush up on their skills we do actually
36:47
have optional content even if a student
36:51
doesn’t take the bridge that we can
36:52
recommend the third the third week and
36:56
the fourth week or the third or fourth
36:58
module I should say not necessarily
37:00
weeks because we offer quite a number of
37:03
weeks to complete those four module
37:07
exercises module level three is more
37:10
centered around again probability and
37:13
statistics and developing regression
37:15
models and ANOVA and in the fourth week
37:19
we do a little bit of accounting and
37:22
finance financial functions and
37:25
accounting functions inside of the Excel
37:28
environment great thank you
37:33
another pie
37:35
since maybe towards business analyst or
37:37
MBA the question is what MBA program
37:40
would you suggest for a business owner
37:42
that isn’t changing careers and really
37:46
wants to do a deeper dive work into the
37:49
data they are already using but they
37:51
were a history major and undergrad
37:58
good question it’s always hard to
38:01
recommend concentrations and programs to
38:04
people is you know because you know you
38:07
might not have the whole story but you
38:09
know if you come to mind
38:10
you know entrepreneurship comes to mind
38:12
but maybe if that’s not the best fit
38:14
something like operations and supply
38:17
chain to me resonate because we’re
38:20
talking about process improvement and
38:23
we’re talking about project management
38:25
and so those are all Universal skills
38:28
that a business owner can apply whether
38:33
they go through the statistical analysis
38:35
of justifying their Lean Six Sigma
38:37
project or something like that maybe
38:40
isn’t the the most important thing but
38:43
having that mindset of continuous
38:44
improvement and how to manage your time
38:48
and resources it’s certainly important
38:52
business analytics is going to be
38:54
important you know you’re not going to
38:55
probably have you know corporate wide
38:59
systems and ERPs and CRN’s of the world
39:02
so you’re probably dealing with data on
39:05
a much different level so having the
39:07
ability to analyze that data yourself I
39:10
mean personally is quintessential so I
39:13
would recommend that but you know with
39:16
that being said accounting finance are
39:19
also strong skills that one would have
39:22
and I guess to answer this question I
39:24
would consider would encourage people in
39:26
this position to just simply pick one
39:29
that they feel is the most appropriate
39:32
and you know at some point we’re going
39:34
to offer certificate programs where we
39:37
want to foster continuous education so
39:39
maybe after this program is over they
39:43
can take a three course certificate
39:44
program with us in a different
39:45
discipline
39:49
great thank you again another question
39:52
here what are the average hours per week
39:55
needed to be successful in each course
39:58
so I’ll answer that question and then if
40:00
- young or Jill or anyone has anything
40:04
to add on average we’re looking forces
40:07
to dedicate at least 15 to 20 hours per
40:10
week to be successful in your coursework
40:13
so that’s about two to three hours per
40:16
day of course you don’t need to cram all
40:19
that into one day you can work on the
40:22
weekends and evening hours morning
40:24
whatever it’s preference for your
40:26
schedule during the first semester of
40:30
the program for each program that we
40:33
discussed today you may find that you’re
40:34
dedicating a little bit more time
40:36
because if you for ever reason received
40:39
your degree a while ago you’re not as
40:41
familiar with the topic so you could
40:43
find yourself dedicating a little bit
40:45
more than the 15 to 20 but on average
40:48
you’ll be looking at 15 to 20 hours
40:54
alright so the next question here I have
40:59
for the accounting program does the
41:02
accounting program require work
41:05
experience in the accounting field or is
41:08
it a preference no it does not require
41:14
work experience in the accounting field
41:17
or otherwise we do have students that
41:19
come into the program right from an
41:20
undergraduate degree because the CPA
41:23
requirements in all states now are 150
41:26
credit hours minimum of coursework and
41:30
so we have students that do come in
41:32
right out of an undergraduate degree and
41:35
then of course we do have other students
41:38
who are looking to enhance their career
41:40
or looking to change careers and so they
41:42
may have work experience so it’s you
41:45
know I wouldn’t even say it’s a
41:47
preference that you could you could have
41:49
work experience or you might not and
41:51
either is perfectly acceptable great
41:56
thank you dr. Jennifer another question
41:59
for the business analytics program
42:01
this is as to the application checklist
42:04
can you give a brief overview of the
42:07
personal statement required for the
42:09
business analytics program so doctor
42:12
yeah sure thing I think in both of our
42:17
programs all three of our programs but I
42:20
don’t necessarily want to speak for the
42:21
accounting program but it you know as
42:25
far as the cover letter goes we want to
42:27
hear about your votes we want to hear
42:29
about why you want to pursue this degree
42:32
if you do have sort of a track record
42:37
where it’s not so stellar we want to
42:40
hear why you know what have you done to
42:42
overcome some of your setbacks in life
42:44
what are some examples that are concrete
42:46
that you’ve overcome adversity and what
42:50
are some examples of some leadership
42:52
initiatives that you’ve taken because
42:56
we’re looking for people that have
42:58
obviously experience and we you know in
43:02
our MBA program we want to know what
43:04
they’ve done and how they’ve progressed
43:06
through their career in the NBA it’s a
43:08
little bit different with the working
43:09
experience requirement of being less or
43:12
non-existent but you know those things
43:16
still resonate so you know if you can
43:18
build out that cover letter with that it
43:20
types of information of why you want the
43:22
degree if you’ve had setbacks explain
43:25
those setbacks don’t don’t be
43:26
transparent you know that’s what we’re
43:28
looking for you know because we look at
43:31
those transcripts very thoroughly and
43:34
when there’s things that raise flags and
43:36
it’s not discussed that’s that’s a red
43:40
flag for us so if it’s discussed we’re
43:42
we’re forgiving we understand things I
43:44
don’t always go in the most positive way
43:46
so those are kind of my recommendations
43:51
great thank you
43:54
another great question here are the
43:58
courses typically synchronous or
44:00
asynchronous and I guess that would be
44:04
for any one of our three programs in
44:10
terms of the OMB a and the OMB a in the
44:13
Masters of Business and
44:14
all courses are seven week so I kind of
44:17
forgot to mention that with the
44:18
analytics discrete discussion all
44:20
courses are seven weeks all courses have
44:24
a majority of the course being
44:26
asynchronous but we do have synchronous
44:29
components so most of our courses our
44:31
video driven I so the material has been
44:36
developed by some sort of champion
44:39
faculty and some most of the time that
44:42
champion faculty is the one that
44:43
delivers the course material but
44:46
sometimes it’s not and then every week
44:50
in the Oba and om ba n we require
44:53
faculty to be available for what we call
44:56
virtual office hours and in those
44:58
virtual office hours there might be
44:59
content that is provided to students
45:03
there might not be so in other words you
45:06
might come to a voh having questions and
45:09
it’s you know just a quick question
45:12
about an assignment the requirements or
45:14
maybe clarification on a topic and then
45:17
the faculty will be there to answer this
45:19
or the faculty could bring in a set of
45:22
extra examples or readings or you know
45:25
something to supplement what’s in the
45:29
videos or perhaps what’s not in the
45:30
videos so there’s a mixture of both but
45:33
I would say you know the majority is
45:35
asynchronous and of course there’s
45:38
dedicated times that homework and other
45:41
assignments are due of course that that
45:43
is persistent for everybody in the class
45:49
great thank you again so this next
45:53
question may pertain to more than one
46:00
person in our audience but I think it’s
46:03
a great question the question says I’ve
46:05
been out of college for 25 years I don’t
46:08
use algebra or etc running my business I
46:13
still use a HP 12c so how much of a
46:17
disadvantage will that be for me Oh
46:25
okay so I’m not sure what that HP device
46:29
is of it it doesn’t matter yeah but you
46:34
know in all honesty it’s the way we
46:36
approach analytics is a very much
46:39
applied manner and you know I can’t say
46:43
there aren’t components that are
46:46
applying you know calculus principles
46:50
but mainly you know you know mainly its
46:54
applied and made what I mean by that is
46:56
you’re not going to necessarily have to
46:59
apply some sort of partial derivative
47:02
and you know some sort of higher
47:05
mathematical technique to achieve
47:08
certain to being able to apply the
47:12
application of the business analytics
47:14
skills and techniques that we’re
47:16
learning you know some of the harder
47:18
science if you will is going to be in a
47:20
different type of a program so you know
47:24
you’ll notice if you’re looking at the
47:25
title is this is not a Masters of
47:28
Science program and a Masters of Science
47:30
program it’s different you’re going to
47:32
have to create original knowledge buy a
47:34
thesis project or something like that
47:37
you’re also going to be expected to have
47:41
more of a programming background and
47:43
requirements of the program to maybe
47:46
implement some of those higher ordered
47:48
you know mathematical techniques I’m not
47:52
I don’t really want to downplay what
47:54
we’re going to do in the business
47:55
analytics program because you know we
47:57
are going to cover probability and
47:58
statistics we are going to cover some of
48:01
these critical tools and techniques that
48:03
we need to apply but you know I am very
48:07
confident that if you start our program
48:09
and ever you take every course seriously
48:11
you’re you’re not going to be at a
48:13
disadvantage because with the way we
48:15
roll out the courses you know we’re
48:17
going to start out by hey saying hey
48:19
this is how you enter data into excel
48:22
this is how you format a cell you know
48:24
this is how you insert a function that
48:27
might be average or count or some you
48:30
know or something like that so you know
48:32
just because people are not necessarily
48:35
familiar with calculus or they are a
48:37
little math
48:38
a big you know I think that this purpose
48:40
program is perfect for them and I also
48:42
think it’s perfect for somebody that
48:44
walks into another program that does
48:46
have more confidence and more experience
48:48
in some of those classes so me
48:50
personally you know when I take a Rowan
48:54
analyst you know I’m not leveraging my
48:57
skills and and areas not statistics but
49:01
in calculus you know that’s just not
49:03
something that really analytics is built
49:06
around in all honesty more or less the
49:10
foundation of analytics is probability
49:13
and stats in my opinion let the software
49:18
do the heavy lifting awesome thank you
49:23
great answer so ladies and gentlemen we
49:26
have time for just one more question
49:28
again if your question was unanswered
49:32
please feel free to reach out to your
49:34
enrollment advisor for more information
49:37
so our last question here is around the
49:40
capstone requirement if there is a
49:43
requirement for any one of the three
49:45
programs discussed for today and if so
49:48
what is expected for students to
49:50
complete Jennifer do you mind going
49:55
first
49:59
sure do you sorry did you repeat that
50:02
question real quick
50:03
sure so students what to know if there
50:07
is a capstone requirement for the
50:09
program and if so what is required or
50:12
expected for them to complete so we
50:18
don’t have we do have a capstone and it
50:20
is a practical case based capstone so it
50:25
would be taking real-world case studies
50:27
and applying what you’ve learned
50:28
throughout the program to address the
50:30
question or the problem from multiple
50:32
perspective but there is no thesis at
50:36
the end of that capstone or no you know
50:41
it’s not I don’t believe there’s an
50:43
overall business project it is going to
50:46
be individual case studies and projects
50:55
yeah let me sorry by the way Jennifer I
50:58
didn’t mean to catch you off guard but
51:02
you know in the MBA n program and the
51:05
MBA program we both have capstone
51:08
courses they’re actually a synergy
51:11
between the two and the two programs so
51:13
in the MBA environment you’re taking a
51:16
capstone course which is a simulation of
51:20
a business environment a computer driven
51:24
simulation and you’re working in teams
51:26
and each team member takes on different
51:28
roles sort of in the Suite C suite if
51:31
you will so some people are making
51:32
financial decisions some people are
51:34
making operations decisions and others
51:37
might be making up marketing decisions
51:39
they each kind of have your own role
51:43
there’s no thesis or sort of report of
51:47
any substantial matter to be quite
51:49
honest with that capstone and again
51:52
that’s that’s one differentiating factor
51:55
between a Masters of Science program and
51:57
more of a non Masters of Science program
52:00
but you know we focus on the things that
52:03
we feel are important which is teamwork
52:04
you know relying on each other’s
52:07
discipline and experience and things
52:09
like that
52:10
communication is certainly an important
52:12
and leadership is certainly important
52:14
important so you get to be in that
52:16
simulated business environment now for
52:18
the MBA n we actually leverage that MBA
52:22
simulated experience so we’re actually
52:25
going to join or group analytics with
52:28
non analytic students and obviously
52:31
that’s one more role that is going to
52:34
supplement and hopefully augment
52:36
decision making within that group
52:38
environment so the Masters of analytic
52:41
students will have different roles
52:43
different assignments because of just
52:47
the nature of the program that actually
52:49
is a one-hour course code of the
52:52
analytics practicum and it’s coupled
52:54
with the to our business experience
52:57
capstone course
53:04
thank you and I apologize but we do have
53:07
one more question it’s a very good
53:09
question it’s covered kind of in all
53:11
three programs again but the question is
53:14
how much group work is required in the
53:17
MBA program and business analysts focus
53:20
or again maybe the accounting program as
53:22
well so I would say majority I’m sorry
53:29
Jennifer go ahead there will be a
53:33
significant team component because we
53:36
are running a case based program for the
53:39
master of accountancy but we have
53:41
incorporated that time you will need to
53:44
spend with your teams as part of the
53:46
overall a time commitment we’re looking
53:49
for so it’s not going to be that that
53:51
you know there’s going to be a
53:53
burdensome team commitment above and
53:55
beyond the coursework that you’re
53:58
expected to complete the team work is
54:00
incorporated into the coursework and we
54:02
have allocated time within you know what
54:07
we expect as far as a time commitment
54:08
for that teamwork to occur oh yeah group
54:17
work I zoned out there for a second but
54:20
anyway group work so MBA related there
54:24
are a few courses that have group work
54:27
you know our course is more tailored to
54:31
sort of the asynchronous crowd we have
54:35
students from 50 different states in our
54:37
program different time zones there’s a
54:39
lot of challenges that we face with
54:41
doing group work so it’s minimized quite
54:44
frankly and if we feature group work
54:48
it’s done in a way that’s flexible so
54:50
for example you know in an OB HR
54:54
marketing maybe operations course you
54:58
might have discussion board posts and
55:00
you might be asked to post original
55:03
thought or an original entry at the
55:06
beginning of the week and then maybe
55:08
you’re paired up with somebody that’s
55:10
responsible to replying to your original
55:12
post so that kind of goes back and forth
55:15
and some
55:16
variation amongst a few of our courses
55:19
but most of the group most of the
55:21
courses do not require group work and
55:23
you know that capstone I just mentioned
55:26
is going to be the course that does the
55:28
most group work of all and it’s the last
55:31
class in the series of courses that you
55:34
would take so I would I would say to
55:36
answer that question it is very much
55:38
minimized and like I said earlier it’s
55:40
flexible when when it’s done in general
55:43
because we’re dealing with such a
55:45
diverse crowd with diverse time zones
55:48
and things like that awesome thank you
55:56
so um thank you again for your questions
55:59
everyone again reach out to your
56:01
enrollment advisors if your question was
56:03
unable to be answered I do want to thank
56:06
you all for attending our webinar and
56:08
taking the time to learn more about your
56:10
graduate options you are encouraged to
56:12
use the resources available to you on
56:14
your screen to speak with your advisor
56:16
such as myself to begin the admissions
56:18
process we do have three semester starts
56:21
for all three of our programs discussed
56:23
today we’re currently accepting
56:25
applications for our next term of
56:27
enrollment so thank you again and on
56:29
behalf of the enrollment advisors for
56:31
Ohio University the online MBA business
56:34
analytics and accountancy program we
56:37
look forward to assisting you regarding
56:39
your interests go Bobcats
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