TMMBA heading to Vietnam in 2014

The TMMBA Program is pleased to announce that Vietnam (Ho Chi Minh City and Hanoi) will be the 2014 TMMBA International Study Tour (IST) destination.  The Study Tour allows students, alumni, staff and faculty to experience business and culture a different world environment through personal meetings with executives and senior managers, entrepreneurs, company visits, government agencies and cultural excursions.  The IST allows students to apply what they have learned in the classroom to another business and cultural environment and to develop and grow the global mindset necessary to be successful in an international business environment. Participants also have a lot of fun as they learn more about each other and create friendships that will last a lifetime.

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Vietnam:

 

  • Predicted to be one of the fastest-growing of the world’s emerging economies by 2025.
  • Manufacturing, IT and high-tech industries now form a large and fast-growing part of the national economy.
  • One of Asia’s most open economies. Economic reforms pushing toward a system of capitalism.
  • U.S.-Vietnam Bilateral Trade Agreement opens up new markets for U.S. goods and services, and as Vietnam meets its WTO commitments, the Vietnam market represents the next great opportunity for all types of American companies.
  • Privately owned enterprises encouraged, and entrepreneurship has played a significant role in the country’s growth rate, in line just behind China and India.
  • Investment in infrastructure and tax incentives to stimulate the tech industry. Heavy investment in industry parks.

The IST is definitely a highlight of the program.  Read more about the TMMBA International Study tour by reading student, alumni, staff and faculty blogs from previous trips.

This year we have a record number of students participating and we’ll open up a few spots to alumni as well.  Should be another great International Study Tour!

TracyTracy Gojdics is the Director of the TMMBA Program and an alumna from the Class of 2007. Outside of the office you might find Tracy out hiking, running, reading, or spending quality time with her family. Tracy can be contacted at tracylt@uw.edu or via phone at 206-616-2610.

Autumn quarter is just around the corner!

Mikaela Houck, Manager of Academic & Student Services

Halfway there. Over the hump. The end is in sight. The fact holds true no matter how you state it – TMMBA Class 13 is at the halfway point of their program experience. Bright eyed and bushy tailed, the group began their journey at the kick-off Program Immersion in December 2012. Nine months later, they are now enjoying a couple short (and well deserved!) weeks off from class this September. This time away from class allows the group to refresh before doing a deep dive into the second half of the schedule.

Let’s take a look at the courses in store for Autumn Quarter:

Strategic Management of Technology Innovation

Innovation is the single most important activity of an ongoing business. All progress occurs through innovation. (Peter Drucker)

Warren BoekerHow do you generate ideas and then develop these ideas into commercial products? The purpose of TMMBA’s Strategic Management of Technology Innovation is for students to master these exact questions. This 2-credit course challenges students to better understand the dynamics of industries driven by technological innovation and develop frameworks for managing tech-intensive businesses.

About the instructor:
Warren Boeker has been at the Foster School of Business since 1998. Before coming to Foster, he taught strategic management and entrepreneurship at Columbia University in New York City and global strategy development at London Business School. Professor Boeker’s recent research has examined the dynamics of strategy formulation and execution in organizations at a corporate and business level. Fun fact – Professor Boeker is also a former chemical engineer!

Operations & Supply Chain Management

In the annals of innovation, new ideas are only part of the equation. Execution is just as important. (Steve  Jobs)

Process flow analysis? Inventory management models? Queuing Concepts? No problem. TMMBA students enhance their critical thinking and quantitative prowess to examine operational issues and develop a variety of
analyMoinzadehtical approaches to manage these processes. Students also learn the role of operations management and its interactions with other functional areas within organizations.

About the instructor:
A TMMBA student favorite, Kamran Moinzadeh has taught with the TMMBA Program since its inception in 2001. Professor Moinzadeh won the TMMBA Excellence in Teaching Award in 2013 and has received numerous TMMBA Faculty of the Quarter awards. Professor Moinzadeh’s specialties include operations & supply chain management, inventory management, and quality management.

Managerial Accounting & Decision Making

Making good decisions is a crucial skill at every level. (Peter Drucker)

In the first quarter of TMMBA, students completed their Financial Reporting & Analysis course – which focused on accounting for decision makers external to the firm. This course does a reversal – information & decision making within anPatrick_edit organization.  Students will develop the tools needed to use information from the accounting system in managerial decisions and understand how the design of an accounting system influences behavior.

About the instructor:
Paige Patrick, Assistant Professor of Accounting, is teaching in the TMMBA program for the first time this fall.  Paige brings both academic and real world expertise to her classroom.  Her academic research interests include executive compensation, and prior to obtaining her PhD, she spent several years in the Enterprise Risk Services division of Deloitte & Touche.

 

In addition to these Autumn Quarter classes, TMMBA students will embark on a 3 1/2 day Leadership Immersion, which takes place this weekend at UW Paccar Hall. Stay tuned for a recap next week!

Fun in the sun with TMMBA

Nhi-Huong Huynh, Fiscal Specialist, TMMBA

Recently, TMMBA students, alums and their families got together at Bellevue Downtown Park for the annual TMMBA Picnic. We all had a great time and it was really nice to see so many people come out for the event.

The TMMBA picnic is one of many social events hosted by TMMBA throughout the year. These gathering provide an opportunity to relax, celebrate their accomplishments, and network with their classmates and alumni.

I’m looking forward to another fun-filled event this fall.

TMMBA Picnic
TMMBA Humanized

Students visit Amazon and Tableau Software on inaugural TMMBA Tech Trek

The inaugural TMMBA Tech Trek launched Friday, August 16th.  A terrific group of 23 current TMMBA students ventured to Tableau Software and Amazon to build knowledge around product innovations and strategy while getting a first-hand glimpse of the work environment & culture. The Trek also provided a chance to mingle with company leaders and fellow classmates.

TMMBA loves dataamazon1

Here are a few words from two attendees:

Kulkarni, ArvindAnother fantastic opportunity called TMMBA TECH TREK was presented to us in our third quarter.  We were able to visit two great companies in Seattle’s backyard and experience their work culture by interacting with employees in a casual environment.

First, we visited fast-growing Tableau Software, which just went public with their IPO in May 2013. They really love data!  The software demo and the Q&A sessions with Thierry, Ellie and Neelesh followed by a mixer with other employees was very insightful.  I was able to hear more about their future growth and hiring plans and learn that I need not be a software geek to work there!  We need to watch out for this company as it has great potential to grow.

The second company we visited was Amazon.  We already experienced the enthusiasm of Amazonians in second quarter when they visited the Eastside Executive Center, and I didn’t notice any drop in the levels when we went onsite.  We all enjoyed a warm welcome from Dina, Stephanie, Michael, and Bill and got to know more about their roles and work life balance in Amazon. Reading about Amazon in newspapers and then hearing some of their current projects makes me think that they are really on a mission to sell everything everywhere and to everyone under the sun one day.  Bill Burkland’s short presentation gave me a behind the scenes snapshot of B2B operations as I have been using their services to save on purchases in alternate sourcing at my workplace.  Thank you all for a warm welcome and opportunity to learn more about your organizations!  - Arvind Kulkarni, TMMBA Class of 2014

Pongracz, JuditThe inaugural Tech Trek was an excellent example how the TMMBA Program and staff come up with new and inventive ways to enrich student experience. The event gave us an opportunity to peek behind the curtains at two sizzling hot technology companies and do some serious, targeted networking. The level of enthusiasm was clearly palpable and no questions went unanswered at either of the hosts. My only question now is: When can we go next? - Judit Pongracz, TMMBA Class of 2014

TMMBA Week in the Life: Sarah McCaffrey, Day Seven

Sarah McCaffrey, TMMBA Student, Class of 2014

My final post already. I’ve enjoyed blogging for the TMMBA this week. I hope my profile has been helpful to anyone considering the program. Despite the fast tempo, when you face down unfamiliar classes and turn in work that you’re proud of, you feel energized.

Team photo courtesy Pritam Das
Team photo courtesy Pritam Das

So for my week in review:

Monday: Persuasive presentation and a Macroeconomics session.

Tuesday: Review of presentation video and scheduled coaching call, Skype team meeting.

Wednesday: MCDM class session, read read read and spend quality time with my daughters before momentum carries the week away from us.

Thursday: *Birthday*

Friday: Prepare for Saturday class. I also expected to watch my nephew for the day, but my husband tricked me to keep me from making other plans — my sister actually agreed to watch our girls. We took our dogs for a walk at the local arboretum, had lunch, then went to ride go-karts as a late birthday surprise.

Saturday: Macrothon

Sunday: Polish case write-up, collapse.

Just kidding, who has time to collapse? It all starts again tomorrow.

TMMBA Week in the Life: Sarah McCaffrey, Day Six

Sarah McCaffrey, TMMBA Student, Class of 2014

Just a short post today: We had our Macropalooza, two four-hour macroeconomics session at Paccar Hall. A group of PhD candidates brought in a lottery-themed study for our participation, which was a lot of fun. I drove straight home at four for a family gathering and found out that my sister is expecting a baby boy, her second. After that, our team kept an updated e-mail chain going to put the final touches on our Marketing Management team write-up, which we will submit tomorrow. Just another relaxing weekend…

TMMBA Week in the Life: Sarah McCaffrey, Day Five

Sarah McCaffrey, TMMBA Student, Class of 2014

Early tomorrow, our cohort will meet on the Seattle campus for two straight sessions of Macroeconomics — Monday section was calling it “Macropalooza” and Wednesday came up with “Macropalypse.” Classes on the UW campus are fun (no joke, even though it’s class on a sunny Saturday) because the entire cohort, Monday and Wednesday sections, combine to take classes together. The Eastside Executive Center is our usual location, but Paccar Hall offers a great change of pace. The building is impressive, and we eat lunch on the terrace.

Image courtesy Foster School of Business
Image courtesy Foster School of Business

Today I finished all of my reading for the weekend to preempt a busy schedule coming up next week. The TMMBA requires a good amount of reading. Let me reassure you, though: most of the articles, case studies, and texts are written in an engaging style to hold our attention. The reading becomes more of a hobby than an obligation.

My books after two finished quarters.
My books after two finished quarters.

After classes on campus, the cohort usually meets on University Avenue for a drink, but unfortunately I will have to miss tomorrow’s gathering. My sister’s family and friends will get together to find out the gender of her baby on the way, by spraying each other with silly string that’s secretly blue or pink. It’s amazing how much can fit in a day.

TMMBA Week in the Life: Sarah McCaffrey, Day Four

Sarah McCaffrey, TMMBA Student, Class of 2014

Today is my birthday.

Image courtesy Crafty Candles
Image courtesy Crafty Candles

After publishing this post, I will log off for the rest of the day. Front-loading TMMBA coursework ahead of special occasions has been surprisingly straightforward. Every now and then, a critical assignment or study session might conflict with personal time, but the pacing of the program doesn’t allow it to happen often. I haven’t missed a family birthday, wedding, or holiday yet. My sisters have picked up the habit of checking my Saturday class schedule before planning something major. Everyone supports educational goals, going out of their way to make the adaptation painless for me. It’s a side of them I love to see.

The TMMBA ROI

Sara Jones, Associate Director and 2012 alumna

Are you wondering if you’ll get enough return on your MBA investment to make the sacrifice worth it?  ROI can be measured in many ways—new career options, the value of the network, a sense of security, compensation and more.

So, what is the TMMBA ROI?

Last month we surveyed alumni who graduated from the program two years ago. The responses are still coming in, but here’s a sneak peak at some of the data so far:

  • 24 months after graduation, most respondents so far have said they made a career change
    • 38% changed functional disciplines
    • 48% moved up vertically
    • 5% started their own company
  • 100% are more confident in their business skills and abilities
  • 90% have increased their strategic business responsibilities
  • 67% have greater budget responsibility
  • Almost all respondents have seen an increase in salary, with an average increase over 20%

Stay tuned in the coming weeks for complete results of the alumni ROI survey. 

In the meantime, I encourage you to talk directly with our alums or attend tomorrow’s panel discussion on the TMMBA ROI.  The panel is made up of three alums and one student who will share more about their return on investment from the TMMBA Program.

The TMMBA ROI: a candid conversation with TMMBA alumni  & students

Thursday, August 8
6:00 – 8:00 pm
Eastside Executive Center, Kirkland
RSVP

Panelists:
Ameya Bhatawdekar, Founder of Nuubuu
Kevin Croy, Partner at 9Mile Labs
Jeremy Hutton, Associate at Point B Consulting
Padmaja Vrudhula, Strategist at VMWare

TMMBA Week in the Life: Sarah McCaffrey, Day Three

Sarah McCaffrey, TMMBA Student, Class of 2014

Yesterday evening, my learning team and I had a Skype session to go over an upcoming group case write-up. We often prefer meeting in person for major team projects, especially while figuring out our first plan of attack; but Skype, Google hangouts, Facebook, and e-mail make our priorities much more flexible and manageable.

Incoming call.
Incoming call.

For example, we can put together some rough numbers and share the work on-screen during a group call.

So helpful. (Edited because this is an active assignment.)
So helpful. (Edited because this is an active assignment.)

We stayed online for about an hour, settled on an outline for the case write-up, and planned our next meeting. After hanging up, we were already in our own homes, free to keep working or shift focus as needed. Remote meetings are a little harder to navigate than face-to-face conversations, but they have their perks.

Today, I caught up on reading at the park near my house, one of my best habits for study-life balance. My kids appreciate it. Laptops and tablets were the inventions of the century — I think most of our TMMBA class would agree. I also had a Media Theory class with the University of Washington MCDM program. Some of my classmates give me a lot of credit for pursuing two degrees, but the momentum makes doubling up much easier than it sounds. Until last year, the military demanded most of my time. I appreciate how many hours I get to spend with my family now, though I do look forward to reading future “Weeks in the Life” from full-time working members of the cohort. I can’t imagine how they get it all done.

- Students, staff and a few alumni blog about the experience of earning an MBA via the University of Washington Foster School of Business Technology Management MBA Program, covering events, learning-in-action, life after graduation, networking opportunities, and so much more.