The Carlson Executive MBA

ElEvatEyour skills, growyour nEtwork, andsEizEwhat’s nExt If you’re an experienced professional or manager,

the Carlson Executive MBA will complement your wealth of knowledge and provide the expertise you need to take your career to the next level.

Ranked no. 18

among U.S.-based executive MBA programs

FinancialTimes(2018)

BuildConnECtionswithExpEriEnCEdlEadErsspanningdozEnsofindustriEs

“withoutCarlson,idonotthinkthatCarrothealthwouldhavebeenpossible.theprogramgavemethetoolsandthoughtprocessesineededtogettothenextstep.”

—Won ChUng, ’11 CEMBA Co-Founder of Carrot Health

The Carlson Executive MBA Program offers an intimate culture that enhances your growth. You will start, proceed through, and finish the program alongside a dedicated group of students, allowing you to forge lasting relationships with your classmates. Composed of high-caliber professionals with a wealth of business experience, each cohort learns as much from one another as they do from their professors.

UnlIkElY PArTnErs JoIn ForCEs To lAUnCh nEw VEnTUrEThe Carlson Executive MBA Program brings together innovators from a variety of backgrounds to challenge and learn from one another. students quickly discover that when a diverse group of leaders with a depth of industry experience gather in the classroom, amazing things happen.

when Kurt Waltenbaugh and Won Chung first met in the Carlson Executive MBA Program, they were set on seemingly diverging career paths: waltenbaugh was an established entrepreneur and Chung was a physician. But the pair connected and combined their disparate expertise to launch Carrot health: A start-up that derives actionable customer insights from both clinical and consumer data to help healthcare providers and payers better engage with their patients based on their needs.

“won had abilities in the medical profession. his knowledge combined with my background from a start-up and data perspective was invaluable, and we were able to build the company together,” says waltenbaugh.

The co-founders agree the venture’s success is due, in large part, to the network they formed at the Carlson school, which has helped them grow their business. Most recently, waltenbaugh reached out to a former classmate to get answers to a human resources challenge he faced, and she offered actionable advice.

“For two years, you’re with this diverse group from different backgrounds and professions who get to know each other so well. You develop a relationship that carries you beyond the four walls of the school,” says Chung.

Today, Carrot health is moving fast with a larger team, landing key clients, and expanding nationwide.

lEArn MorE ABoUT wAlTEnBAUgh And ChUng’s

JoUrnEY AT z.UMn.EdU/CArroThEAlTh

invEstinyourCarEErEmbark on a rigorous course of study that will help you build and reinforce critical skills in strategy, finance, accounting, and leadership. The Carlson Executive MBA curriculum shapes you to be more effective in your current role, and prepares you for the next step in your career.

EArnS BA in SpEECh CoMMUniCAtion froM SoUthWESt MinnESotA

StAtE UnivErSity

BEginS CArEEr in MArKEting

JoinS AvErA hEAlth AS SEnior MArKEting

ACCoUnt MAnAgErCUltivAtES A Strong nEtWorK of hEAlthCArE lEAdErS

EnrollS in CArlSon ExECUtivE MBA progrAM

to BroAdEn hEr BUSinESS ExpErtiSE

lEvErAgES KnoWlEdgE froM ClASS to AddrESS ChAllEngES At WorK

BringS innovAtivE ApproAChES to proBlEM

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AMEriCAgEtS proMotEd to vp of MArKEting, AvErA hEAlth

grAdUAtES froM thE CArlSon ExECUtivE

MBA progrAM

*

Increase your earning power

Compete for a promotion

Start your own company

Personal ROI

• strengthen your team-building skills

• Make strategic, creative decisions in your day-to-day work

• Improve your critical thinking skills, confidence, and executive presence

• Foster a better understanding of self: Personal motivation, strengths, weaknesses, and passion for career pursuits

Organization ROI

• Apply knowledge from the classroom to improve outcomes for key projects

• Implement cutting-edge approaches to be a better leader in your organization

• draw on insights and experience of faculty thought-leaders and your experienced peers to solve business challenges

• Take advantage of international opportunities

Career Path ROI

• Advance your career: on average 30 percent of graduates earn a promotion within one year

• Boost your salary: students report an average 20 percent salary increase from start to finish of the program

• get exposure to a wide range of career opportunities in a variety of business disciplines

• develop your global business mindset

TAkEs nEw rolE As VICE PrEsIdEnT oF MArkETIng

AT oklAhoMA UnIVErsITY MEdICInE, InC.

JEnnIFEr sChUlTz’s CArEEr JoUrnEY

disCovEringapassionforEntrEprEnEurshipWith more than a decade of experience in corporate responsibility on his resume, tomme Beevas started the Carlson Executive MBA Program at a turning point in his career: It was time to get the skills to advance to the next level at Cargill, or find his professional niche elsewhere.

“As director of community involvement, the only territory I had yet to cover was to become a VP or do corporate responsibility at another company,” he explains. “I decided to get my MBA because I wanted to explore other business opportunities.”

As he considered schools, Beevas’ top priority was to join a program where he could connect with leaders from a variety of industries—and the Carlson school offered access to lawyers, doctors, executives, hr leaders, and more.

“within no time at all, each person was able to find their niche and build relationships. Culturally it was like nothing I had ever experienced. You have such great business leaders you can bounce ideas off,” he says. “Meeting people from other backgrounds gave me a better sense of what was out there. It gave me greater insights and more opportunities.”

As he progressed through the program, Beevas became increasingly curious about entrepreneurship. he started channeling lessons from his classes to realize a long-held business idea, and ultimately launched Pimento Jamaican kitchen. he started small; towing his grill to community events and serving free

samples of food prepared from his grandmother Babylou’s time-tested recipes. his Carlson school classmates often volunteered to help him serve food. Pimento quickly built a grassroots following.

one year later, the Food network discovered Pimento and cast Beevas to appear on the reality TV show Food Court Wars. he won the competition, resigned from his position at Cargill, and opened his first restaurant.

while it wasn’t easy to retire from a corporate career that he loved, Beevas doesn’t regret the move.

diners can now find Pimento at events throughout Minnesota, at the flagship location in Burnsville, and at the newest restaurant in Minneapolis. As the business grows, Beevas is employing principles he learned from his professors to ensure he scales up without sacrificing quality or service.

“our goal is to take Pimento national, if not global. Thanks to Carlson, I’ve sharpened my business acumen and now I’m able to apply that to being smart in how fast we grow,” he says.

At his Carlson Executive MBA Class of 2011 reunion this year, Beevas showed the classmates who helped him serve free food years prior that he’d achieved his goal.

“one of my proudest moments was being able to hang out with my cohort and for them to come see how my dream happened five years later,” he says.

Hometown kingston, JamaicaCuRRent position Founder and Chief strategic officer, Pimento Jamaican kitchenCaReeR expeRienCe worked for 12+ years in corporate responsibility in washington, d.C. and MinneapolisundeRgRad degRee BA in political science and economics from University of south FloridaCaReeR aspiRations Expand Pimento internationally

ABoUT BEEVAs

“inorderformetogrowasabusinessleader,iwantedtobearoundmorebusinessleaders:there’snogreatercollectionofyoung,excited,passionate,talentedbusinessleadersthanatCarlson.” —toMME BEEvAS, ’11 CEMBA

EarnyourdEgrEEfromanintErnationallyrEspECtEdsChool

The Carlson school network is composed of more than

55,000 alumni in 100 countries around the world. Backed by the prestige that a Carlson MBA carries, graduates are well-positioned to compete for new global opportunities. From Minneapolis and new York City, to london and Tokyo and beyond, invest in a degree that travels wherever your career may take you.

Corey Walther, ’11 CEMBA, is head of business development & distribution relationship management of Allianz life Financial services—a financial services provider based in Minneapolis and a part of Allianz sE which is headquartered in germany with operations in more than 70 countries worldwide. he enrolled in the Carlson Executive MBA Program to stay ahead of emerging challenges and seize new opportunities in the increasingly global industry.

“looking ahead to the future, I saw our business was continuing to change,” says walther, who was a senior vice president when he began the program. “After being at Allianz for over 10 years in a variety of leadership roles, I was concerned executives at Allianz may not view me as being equipped to tackle the next set of challenges coming our way. Completing my MBA at Carlson did exactly what I needed it to: It changed their perception of what I was capable of.”

Today, he heads a distribution and sales division that’s responsible for upwards of $4 billion in annual sales. The Carlson Executive MBA provided the knowledge he needed to work effectively with executives in marketing, hr, and other areas of business where he lacked direct experience.

“having the MBA experience behind me gave me the confidence to move into a role that was much broader and encompassed all of the other aspects of the business,” he says. “Beyond the academic perspective, learning alongside leaders from different industries enhanced the experience and really exceeded my expectations.”

Although he graduated several years ago, walther continues to sharpen his business expertise: he frequently taps the Carlson school alumni network to learn about forthcoming trends and address challenges at work. he has connected with fellow alumni from Unitedhealth group, Medtronic, and other leading companies from the rich Twin Cities business community and beyond.

“we’re always in a state of learning in business, and the landscape is constantly evolving. I stay connected to the school because I want to keep in touch with that outside perspective and share best practices,” says walther.

he’s also confident he could leverage that global network to pursue new career opportunities in the future, no matter where his aspirations lead.

“should I want to go out and pursue opportunities in the open marketplace, the global reputation of the Carlson school gives me a lot more credibility,” he says.

noTABlE CArlson MBA AlUMnI

groUp prESidEnt EUropE And AUStrAliA

gEnErAl MillS, SWitzErlAnd

Bethany Quam, ’01

ChiEf intEgrAtEd SUpply ChAin offiCEr.

MillErCoorS, ChiCAgo

Fernando Palacios, ’95

ChAirMAn And CEo,thE toro CoMpAny,

MinnEApoliS

Rick Olson, ’10

ChiEf ExECUtivE offiCEr,

godivA ChoColAtiEr

Annie Young-Scrivner, ’03

prESidEnt, E.A. SWEEn CoMpAny/dEli ExprESS,

MinnEApoliS

Tom H. Sween, ’05

CEo,WElCh’S,

MinnEApoliS

Trevor Bynum, ’03

A PowErFUl AlUMnI nETwork In ACTIon

SEnior viCE prESidEnt And ChiEf finAnCiAl

offiCEr, 3M

Nicholas Gangestad, ’01

Mary Zellmer-BruhnProfessor, Work & OrganizationsexpeRtise: Team composition and performance, cross-cultural teamwork and global teams, knowledge processes in teams, and moreHonoRs and awaRds: Excellence in Teaching and outstanding honor’s Faculty teaching awardsindustRy ConneCtions: Teaches executive education courses and consults in industry

lEarnfrominstruCtorswithaCadEmiCExpErtisEandindustryExpEriEnCE

Carlson school faculty generate cutting-edge research to inform the future of business. They also partner with top companies to solve the business challenges of today. These educators are top ranked for teaching and research—and their insights are at your disposal.

MEET YoUr ProFEssors

FACUlTY rAnkIngs

Pri Shah Associate Professor, Work & OrganizationsexpeRtise: social networks, teams, decision making, negotiation, and moreHonoRs and awaRds: Faculty Teaching Award and Teaching honor rollindustRy ConneCtions: served as visiting scientist at the Mayo Clinic and teaches executive education courses to industry pros

Aks ZaheerProfessor, Curtis L. Carlson Chair in Strategic ManagementexpeRtise: Interfirm networks, location, geography, and knowledge transfer; dynamics of social structure; strategic decision making; and moreHonoRs and awaRds: named among the world’s Top 50 Business school Professors by Poets & Quants, received Curtis Cup outstanding Teacher AwardindustRy ConneCtions: held numerous positions in management and marketing for global companies prior to entering academia

Ravi BapnaProfessor, Information & Decision SciencesCurtis L. Carlson Chair in Business Analytics and Information SystemsexpeRtise: social media, big data, business analytics, and moreHonoRs and awaRds: dean’s Exceptional Engagement Award, three-time recipient of Annual Faculty service AwardindustRy ConneCtions: has established research, consulting, and executive education engagements with a variety of leading U.s. and Indian companies

for economics and

business Academic ranking of

world Universities2018

#9

best global university

for economics and business

U.S.News&WorldReport

2018

#23

for management

research productivity

Texas A&M/University of georgia (TAMUgA)

2017

#5

Carlson ExECutivE MBa Grad at a GlanCE:

audrEyklEin“irealizediwantedtobeoneofthepeoplecreatinganddefiningorganizationalstrategy,notjustimplementingit.Butassomeonewithastronglyscientificbackground,icouldn’tpicturemyselfsittingattheseniorexecutivetablewithoutknowingalotmoreaboutthebasicsofbusiness.” —AUdrEy KlEin, ’16 CEMBA

BoaRd of oveRseeRs pRofessoR of maRketing

Joe Redden“Joe is an exceptional communicator and an

extremely engaging speaker. He made me

appreciate how valuable marketing is in business.”

geneRal mills CHaiR in maRketing

Akshay Rao“His course impacted me so much that i am

considering a career pivot to marketing and market

research.”

MEnTors

Experience Ten years’ experience

in the healthcare industry using data to demonstrate the

value of products and services

Education holds a BA in psychology from kenyon College, an MA and a

Phd in experimental psychology from Case western reserve

University, and an MBA from the Carlson school of Management

Top MBA Accomplishment

developed Yum! Brands’ go-to-market strategy for introducing kFC to China as part of a team

project

Top MBA Advantage Exposure to

international business and emerging markets

that spans the curriculum

Honors and Awardsnamed among Poets

and Quants’ Best Executive MBA

students of 2016

CareerAs senior Clinical director, sUd/

oUd at Pear Therapeutics in Boston, she works with a cross-

disciplinary team to design, build, and evaluate patient-facing mobile applications for the treatment of

substance use disorders

Long-Term Professional Goals

To launch a company that improves the lives of its customers and creates value for stakeholders

BEComEaninspirational lEadErno matter your job title or organization, an impactful leadership approach is the key to advancing your career. The Carlson school’s holistic leadership development plan will empower you to take your executive presence to the next level: In 2016, 98 percent of graduates were rated as more effective leaders by their colleagues.

lEAdErshIP CoUrsEwork

The Carlson Executive MBA Program offers courses and workshops designed to improve your ability to lead self, lead others, and lead organizations. Your courses will provide the theoretical grounding to shape eight dimensions crucial for any leader.

sTUdY groUPsEmbrace the unique challenge of leading a team of esteemed peers. In your assigned study group, you’ll navigate how a diverse group of experienced leaders accomplishes a shared goal and practice skills learned in class.

DRIvInG RESuLTS

FOSTERInG EnGAGEMEnT

ESTABLISHInG A SHARED vISIOn

EnCOuRAGInG COLLABORATIOn

uPHOLDInG PERSOnAL RESPOnSIBILITy

AnD ETHICS CREATInG SOCIAL IMPACT

THROuGH BuSInESS

SHARPEnInG InTERCuLTuRAL

COMPETEnCy

yEAR OnE

Identify your personal development goals and areas you plan to strengthen

yEAR TwO

get feedback from your boss, your direct reports, your peers, and your classmates about your leadership performance

COnCLuSIOn OF PROGRAM

Measure your growth and create a plan for continued development beyond the MBA program

360-dEgrEE AssEssMEnT

get a snapshot of your leadership strengths

and opportunities for improvement.

ExECutivEmBainspirEsalumtoJustdoitAs he embarked on his MBA journey, Tanner Johnson didn’t have a dream job in mind. he’d built a career in accounting, working for PwC, U.s. Bank, and Target, but was ready to expand his career opportunities. he joined the Carlson Executive MBA Program in 2013 to learn how to view and optimize businesses beyond the balance sheet.

“For me, it was less about the dream job and more about unleashing my potential,” he says. “The program allowed me to explore various career options and become better-rounded than just being the accountant at the organization—it was all about strategy.”

soon after graduation, a dream job fell into his lap. As he explored offers from two leading retail companies, Johnson was also courted by nike to lead the finance team. The opportunity was a perfect fit.

“There were a few things I was looking for: An organization focused on innovation, growth, and brand. nike reached out, and fit the three criteria. They wanted me as much as I wanted them, and it all worked out for the best,” he says.

gETTIng In ThE gAMEThe Carlson school alum accepted the position,

and put lessons from his classes into practice right away. day-to-day, he leverages his training in international business to embrace the global nature of the brand.

“The market of sportswear is growing internationally, and global operations allow us to reach the growth we at nike aspire to. we’re a $30 billion company now, and by 2020 we’re aiming to be at $50 billion. That’s substantial growth, and it’s not all going to be in the United states,” he says.

The Carlson Executive MBA Virtual Team Project prepared him to overcome the challenges inherent in global business. The project pairs students in Minneapolis with Executive MBA students in China and Austria to address a real-world business challenge. The process challenges

the participants to navigate cultural and regulatory barriers to develop an international business plan.

“The project allowed me to understand the different cultures and equip me for the position I’m in now, working heavily with our Asia division,” he says.

ForgIng TEAM ChEMIsTrYTo his surprise, Johnson discovered he learned

as much from his classmates as he did from his professors. The Carlson school selects highly experienced professionals representing a variety of industries for each incoming Executive MBA class. These students proceed through the program in a dedicated cohort, allowing them to engage one another and expand their professional networks.

“I had a wonderful cohort of individuals with experiences I could tap into, and you can’t put a value on that. I was able to learn so much from them,” says Johnson.

he gained a new understanding of how different industries approached challenges, and relied on his classmates for career advice. From medical device executives and salespeople, to CEos, there was a wide range of backgrounds represented in the classroom.

AChIEVIng lEAdErshIP PoTEnTIAlPerhaps most importantly, the Executive

MBA Program gave Johnson the fundamental tools to become a transformational leader. From orientation through graduation, leadership coaching is woven into every aspect of the experience. he identified his inherent leadership strengths, exceeded his development goals, and graduated from the program well-prepared to continue striving toward his full potential.

“The program equips you to finish out the rest of your career and continue to build on the great foundation that the CEMBA program sets for you,” he says. “In leading my team, I want to help develop the next CFo for nike.”

Hometown: Bemidji, Minnesota

CuRRent position: senior director Financial governance & Controls, nIkE, Inc.

pRofessional expeRienCe: 17 years in corporate and public accounting, working for PwC, U.s. Bank, and Target Corp.

undeRgRad degRee: Bemidji state University

most valuaBle aspeCt of CaRlson mBa: “For me, it was about becoming a part of the University of Minnesota alumni group and getting access to the network that is really top notch. The leaders who have come out of the University have been inspiring.”

CaReeR aspiRations: “I generalize my career goal as being a finance officer. I want to take an untraditional path to get there and the Carlson school has equipped me with the capabilities to take that untraditional path. I want to layer in more strategy, and really dig into the business so that I’m groomed as a company leader, not just a finance leader. Then when I return to finance, I can help elevate finance’s credibility and legitimacy with our business partners.”

ABoUT TAnnEr

“myexperienceatCarlsonhasbeenoneofthebestcareerdecisionsi’vemade.” —tAnnEr JohnSon, ’14 CEMBA Senior Director Financial Governance & Controls, NIKE, Inc.

lEArn MorE ABoUT TAnnEr’s JoUrnEY AT

z.UMn.EdU/TAnnErJohnson

dEvElopyourgloBalBusinEssaCumEn In an increasingly globalized business

landscape, the ability to work across geographies and cultures is essential. gets hands-on experience navigating the complexities of international business throughout the curriculum.

Global Team Project

Partner with fellow Executive MBA students in Austria and China to develop a detailed business plan that responds to an emerging global business opportunity. The global Team Project helps you develop advanced skills in teamwork, cross-cultural collaboration, and business plan development in a dynamic environment while building a robust international network.

“theglobalteamprojectisoneofthebestlearningexperienceswecanoffer,giventheinternationalnatureofourprogram.i’veheardfromstudentswhohaveworkedwithquiteafewglobalteamsintheirbusinessorganizations,andtheysaynothingpreparedthemfortherigorofthisproject.” —SvJEtlAnA MAdzAr, Senior Lecturer, Work & Organizations

International Residency

get hands-on experience in emerging and mature markets around the world. Engage in a short-term education abroad experience alongside your entire cohort to deepen your understanding of cultural and social differences that can have a profound impact on global business.

Connect with Multinational Businesses

with 19 Fortune 500 companies in our backyard, the Carlson school is well-connected to a plethora of multinational corporations in the Twin Cities and beyond. Tap into companies engaged in business around the world through your classmates, professors, and guest speakers.

Learn from International Scholars

Carlson school faculty are engaged in path-breaking research on emerging issues arising in international business and collaborating with scholars around the planet. The Executive MBA Program gives you access to these global scholars.

programstruCturE

applynow

ORIEnTATIOn & wORkSHOPS

study Team Trainingleadership workshops (3 semesters)Executive Communications workshopstatistics PreparationInternational CultureExecutive Presence workshopExecutive networking workshop

The Carlson Executive MBA Program offers a rigorous curriculum that takes place across 20 months. Classes are held on Fridays and saturdays, 7:30 a.m.–4:30 p.m., typically on alternating weekends. Classes do not meet during the summer.

The dedicated program staff provide a high level of service to alleviate administrative burdens and allow you to focus on your studies. They arrange your books and course materials, complete your class registration, provide meals on class days, and more. All class sessions are recorded and available to stream online.

For application deadlines, requirements, and to apply online, visit z.umn.edu/CarlsonExecAdmissions

Connectwithusdiscover how the Carlson Executive MBA can help you achieve your career goals and take the next step toward joining our community. Contact us to ask questions, visit a class, or schedule an appointment to talk with us.

Executive MBA Admissions and recruitingCarlson school of Management321 nineteenth Avenue south, suite 1-110Minneapolis, Mn 55455 Phone: 612-625-5555CEMBA@umn.edu

yEAR 1

FAll (12 credits)Introduction to statistics & Business Analytics (3 cr.)Financial Accounting (3 cr.)organizational Behavior (3 cr.)Competing in the digital Age (1.5 cr.)Economics (1.5 cr.)

sPrIng (13.5 credits)Marketing Management (3 cr.)strategic Management (3 cr.)Financial Management (3 cr.)supply Chain and operations (3 cr.)

ElECTIVE #1 (four options)Power & Influence (1.5 cr.)Entrepreneurship (1.5 cr.)healthcare Innovations (1.5 cr.)social Media Analytics (1.5 cr.)

yEAR 2

FAll (12 credits)negotiation strategies: Creative solutions for difficult Problems (3 cr.)Managerial Accounting (3 cr.)leadership (1.5 cr.)Competing globally (3 cr.)Corporate responsibility & Ethics (1.5 cr.)

sPrIng (12 credits)strategic Marketing (3 cr.)Corporate strategy (1.5 cr.)Advanced Financial Management (3 cr.)International residency (1.5 cr.) International residency —gTP (1.5 cr.)

ElECTIVE #2 (four options)Power & Influence (1.5 cr.)Entrepreneurship (1.5 cr.)healthcare Innovations (1.5 cr.)social Media Analytics (1.5 cr.)

visit a classget a glimpse into the

program, meet the faculty, and connect with students

by visiting a class. ContACt US to SChEdUlE

yoUr viSit.

40AvErAgE Cohort

3.25 14 38AVErAgE gPA AVErAgE work

ExPErIEnCE (In YEArs)

AVErAgE AgE

20+ hold AdVAnCEd dEgrEEs

22% InTErnATIonAl

50/50 MUlTInATIonAls/oThEr

20% MIlITArY VETErAns

TYPICAl ClAss ProFIlE

Carlson Executive MBA ProgramsCarlson School of Managementuniversity of minnesota

321 nineteenth avenue south, suite 1-110minneapolis, mn 55455

Phone: 612-625-5555Fax: 612-625-1012cemba@umn.educarlsonschool.umn.edu/cemba

11/2018