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| CSULB And Boeing Team Up In New MBA Program | ||||||
| After students finish college and obtain their bachelor's degree, many leave to go into the work world. �Some do this out of necessity in that they need to start making real money, but some still entertain thoughts of returning to college at a later time to work on completing a master's degree. �Now, for Boeing employees who want to continue their education and not quit their job, the university can come to them. | ||||||
| CSULB and Boeing have started a program that sends faculty to Boeing offices in Long Beach, Huntington Beach, and El Segundo to give employees of the company a chance to finally earn their MBA. �The program involves thirteen students attending a once-a-week class, and they must meet the same requirements as students who get into the same on-campus MBA program. �Boeing also gives their student-workers a generous break, covering costs associated with tuition, books, and fees. | ||||||
| H. Michael Chung, director of graduate programs and executive education at CSULB, said that the program will "address the Boeing Company's needs as it pertains to developing their future managers as well as their current managers.� At the same time," Chung said, "the faculty members from the business school will get rich interaction with Boeing employees about practical aspects of decision-making and the business industry environment." | ||||||
| Kim Armstrong, project director for Education Outreach Program/Internships for Boeing, said, "MBA programs are very popular these days, and that higher level of knowledge in the business world is necessary, especially for engineers who may have their engineering degree but don't have the business, management and leadership background and all the skills that come with that." �According to Armstrong, businesses and companies need to have superior business, finance, marketing, and engineering skills to keep up in the industry. | ||||||
| Boeing backs all students through its "Learning Together Program", and pays its students' tuition, application fees, entrance exams, books, and graduate fees, for those who attend schools that are accredited. �Since its inception in 1998, the "Learning Together Program" has helped more than 88,000 Boeing employees, and has allowed them to earn over 4,200 undergraduate degrees and 3,700 advanced degrees. �Over 27,000 employees utilize the program each year. | ||||||
| Boeing, Armstrong said, is very in-tune with employee development.� "I don't believe you will find any other company that gives employees the educational benefits that Boeing does. �And the reason Boeing does it is simple - the company wants to stay competitive." | ||||||
| Armstrong also said that the new program will "increase our partnership with Cal State Long Beach" and will help employees learn more competitive business skills, "getting [them] to the next level." | ||||||
| According to Chung, the MBA program will also feature guest lectures and certain elective classes will be catered to satisfy the needs of the company so students benefit more from it. | ||||||
| As an added bonus, employees that do finish their degrees become qualified to receive Boeing stock awards. | ||||||
| Copyright Gerry Wachovsky, 2004, and Yahoo! Inc. All rights reserved. | ||||||
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