OHIO College of Business Program Overview

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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

  1. 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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