LAPD Celebrates Latest Executive Programs Grads – Los Angeles News
We’ve rounded up the latest news coming out of business schools in the Los Angeles metro this week.
LAPD Chief Salutes Latest Officers to Finish Innovative Executive Program – Claremont Graduate University Newsroom
New LAPD Police Chief Michel Moore celebrated this year’s graduates of the Police Chiefs Executive Leadership Institute at Claremont Graduate University’s Peter F. Drucker and Masatoshi Ito Graduate School of Management recently. Now in its second year, the partnership between the Drucker School of Management and the California Police Chiefs Association invites police officers to the CGU campus for two intensive weeks in the study of management. Through training with Drucker faculty, the officers learn about management techniques, who they are as leaders, and where to make improvements in the way they lead. Thirty-four officers graduated from the program this year.
“The LAPD has been a partner with this school for a long time,” comments Police Chief Moore at CGU during graduation. “This is a progressive school defined by an ethos and values of how to give back to our communities, how to live our best lives, which is what I think we all want for ourselves.”
You can read more about CGU and the California Police Chiefs Executive Leadership Institute here.
UCI Paul Merage School of Business Center for Real Estate Receives Gift to Support Creation of Bill Halford Family and Bixby Land Company Student Award Endowed Fund – UCI Paul Merage Newsroom
A new gift from the Bixby Land Company will create a new endowed fund at the Paul Merage School of Business at the University of California, Irvine’s Center for Real Estate. The gift will benefit merit-based graduate and undergraduate students interested in studying real estate and becoming an active member of the center.
The award is given in recognition of Bill Halford, the chief executive of commercial real estate developer Bixby Land Co, based in Newport Beach, who passed away earlier this year. Serving as chairman for Merage’s Center for Real Estate Advisory Board since 2006, Halford was a staunch supporter of higher education who encouraged the university to place focus on their graduate-level real estate program. He also served as a guest lecturer and often helped moderate education symposiums at the center.
(Left to right) Nakamura Brown, Merage School Dean Eric Spangenberg, Bixby Land Company President Aaron Hill, Cindy Halford, Center for Real Estate Faculty Director Ed Coulson, Center for Real Estate Advisory Board Co-Chair Watty WatsonNakamura Brown, Merage School Dean Eric Spangenberg, Bixby Land Company President Aaron Hill, Cindy Halford, and Watty Watson / Photo via merage.uci.edu
Read more about the Bill Halford Family and Bixby Land Company Student Award and Merage’s Center for Real Estate here.
Employees Actually Work Harder If They Think Their Boss Gets a Big Fat Paycheck – MarketWatch
New research from Ricardo Perez-Truglia, Assistant Professor at UCLA’s Anderson School of Management, looks at the impact that knowing your coworker’s or boss’ salary may have on work ethic.
Circulated by the National Bureau of Economic Research, Perez-Truglia worked alongside Harvard Business School Assistant Professor Zoë Cullen to complete the study, which surveyed 2,060 employees at a large commercial break. According to the research, companies that try to prevent you from finding out the salaries of your coworkers may have good reason; employees who believed their coworkers’ made a higher salary than they did typically worked fewer hours and were more likely to leave the company. Conversely, employees who perceived their manager to have a higher salary than they do were likely to work more hours.
The perception of this makes sense from the rationale of the employer. Not only does the research support this methodology, but keeping salary details under wraps is a common union-busting tactic at larger companies. Union activity tends to correlate with larger salaries for lower and mid-level employees. It is illegal in the United States to prevent employees from discussing wages with one-another. However, several large companies, such as T-Mobile, tend to skirt the rules anyway.
You can read more about Perez-Truglia’s research here.
June MBA Deadlines You Need to Know
Don’t be left behind, and get a jump on the MBA application process this June! Here’s your guide to this month’s MBA admissions deadlines in our top metros. Continue reading…
Part-Time MBA Battle: Los Angeles vs. San Diego
When someone decides to pursue an MBA, there are a lot of decisions to make. From choosing between full-time and part-time programs and deciding on the perfect city in which to launch your business career, there are a lot of factors to take into consideration.
For prospective MBA students who want to maintain the momentum of their career—rather than take a break for the degree—and earn all the benefits and job growth of an MBA while preserving flexibility, a part-time MBA program may be perfect. But even when you’ve settled on the type of degree you’d like to receive, choosing where to pursue that degree can be a challenge.
It’s well-known that the Golden State has a number of business centers—even outside of the famous Silicon Valley and San Francisco—and can be the perfect place for someone to earn a degree or start their business career. With excellent part-time MBA programs in business hubs like San Diego and Los Angeles, it can be difficult for students to figure out the city and program that is perfect for them.
San Diego
Although San Francisco is well known around the world as a hub for startups, it was ultimately San Diego that took the top spot on Forbes‘ list of the “Best Cities to Start a Business.” Rated the fifth-best business community in the country, San Diego’s community of entrepreneurs has been growing exponentially in recent years.
Some businesses may be concerned about San Diego’s high real estate prices or high taxes for businesses. Yet, with a comparatively low cost of living—in contrast to New York or San Francisco—the benefits for a business (especially a new one) in San Diego may far outweigh any concerns.
There are three main part-time MBA programs in San Diego: the Rady School of Management at UC San Diego; the California School of Management & Leadership at Alliant University; and the Fowler College of Business Administration at SDSU.
Rady’s part-time MBA, better known as the Flex MBA, is the top-rated part-time program in the metro area. Students can complete the program on two distinct paths: the FlexWeekend track or the FlexEvening track. FlexEvening students attend classes on two nights per week over the course of 30 months, while FlexWeekend students attend classes on Fridays and Saturdays on alternative weekends. Unlike the FlexEvening option, however, this FlexWeekend path can be completed in 24 months, while still offering flexibility around professional work schedules.
At the California School of Management & Leadership, the MBA program requires students to take a full course load but offers the schedule and flexibility of a part-time program. Providing a strong foundation in business, leadership, and analytical skills, Alliant’s program can be taken either on campus in San Diego or completely online. The courses are entirely offered in the evening and all scheduling is done in consideration of working professionals. Even with the incredibly flexible schedule, however, students will take a full course load of two courses per eight-week term and therefore can still complete their degree in just two years. The program also allows students a number of concentrations to further focus their education.
At the Fowler College of Business, the part-time MBA requires students to complete 15 classes (or 45 units) total, but allows students three-to-four years to complete their degree, rather than just one or two. Classes are typically offered during evening hours and allow students to continue in full-time jobs. The program requires 15-21 units of core courses as part of the degree, but also permits students to use their additional elective credits to focus in a concentration such as international business, accounting and more.
Los Angeles
While it might seem like the film industry dominates the LA metro, it is also a vibrant and growing city for business, tech, and entrepreneurship. Between the diversity of the city, which brings together people from around the world, and a population bursting with creativity, it can be a perfect place for people to show off their talents, and that just might be in marketing, sales, or getting a new company off the ground. Many of the most successful companies in the country have had their start in Los Angeles, such as CitySearch (sold to Ticketmaster for $260 million) or LowerMyBills (sold to Experian for $330).
Several part-time MBA programs in Los Angeles include:
- Peter F. Drucker and Masatoshi Ito Graduate School of Management – Claremont Graduate University
- Graziadio School of Business and Management – Pepperdine University
- Marshall School of Business – USC
The Drucker and Masatoshi Ito Graduate School of Management offers a part-time MBA program for working professionals which takes roughly two and a half years to complete and includes two sessions over the summer. The part-time program is similar to full-time, offering classes that provide a strong business foundation such as Quantitative Methods and Marketing Management or Managerial Accounting. Students can still be active in the workforce while earning their degree, but if they have time away from their jobs they can also pursue study abroad in countries like China, New Zealand, or the Czech Republic.
The Graziado School at Pepperdine’s part-time MBA is available to students either on-campus, online, or a combination of the two. The program can also be pursued at any of Pepperdine’s four campus locations in the Los Angeles metro area. The program consists of 52 semester units with the opportunity to specialize electives in areas such as Dispute Resolution or Organizational Change.
The part-time MBA at USC’s Marshall School of Business allows students to take classes only in the evenings and weekends, and can be completed in 33 months. The credits are evenly split between elective and core courses with the option of almost 100 elective courses offered ever year. After 12-months of core courses, all part-time students will also take PM.GLOBE, a semester-long macroeconomics class which also includes a 10-day international trip.
The Best Nonprofit MBA Programs in Los Angeles
Many believe that business is inherently selfish. However, there are a plethora of nonprofit organizations that could not exist without the skills of talented administrators, dedicated solely to the business and financial aspects of the company. MBA skills are coveted in the nonprofit industry, as they can make a massive contribution to helping the organization thrive.
Many MBA programs take into account the need for overlap in business and social change. Below, we’ve laid out three of the best Los Angeles programs for MBAs looking to pursue nonprofit work.
The 3 Best Los Angeles Nonprofit MBA Programs
Anderson School of Management—UCLA
The UCLA Anderson School of Management MBA program offers a specialization in Social Impact for students hoping to use their business acumen to have a positive influence on their community, both locally and globally. This program provides ample opportunities for students to better parts of the world through innovation and creative problem-solving, positioning them to pursue a career in the nonprofit arena, if that is their goal.
International Field Study Projects are an integral part of the nonprofit learning experience. For their second year Capstone Projects, all Anderson MBA students can choose to pursue the Applied Management Research (AMR) program. The AMR Projects give students a chance to work with companies and nonprofits to solve a strategic problem. Many of the AMR Projects help struggling communities. In 2017, a group of students tackled building a model to improve screening and treatment of non-communicable diseases to a rural village in South Africa.
SEE ALSO: “The Most Affordable Los Angeles MBA Programs”
Marshall School of Business—USC
Marshall School of Business at USC partnered with Zelikow School of Jewish Nonprofit Management at Hebrew Union College-Jewish Institute of Religion to provide students with the chance to obtain a dual degree (MBA/M.A.) in Business Administration and Jewish Nonprofit Management. The M.A. emphasizes both nonprofit management and Jewish studies. This challenging track requires 88 units of coursework as well as two years of fieldwork. Students in this program can take a 12-month internship in Sacramento, CA or Washington DC while continuing to attend classes in these areas. This track is ideal for students pursuing a career in the Jewish nonprofit sector, and includes classes like Nonprofit Management and Leadership and Grant Writing Practicum.
Peter F. Drucker and Masatoshi Ito Graduate School of Management—Claremont Graduate University
The Peter F. Drucker and Masatoshi Ito Graduate School of Management dual degree in Public Health and Business Administration is an excellent option for students seeking a career in the nonprofit healthcare field. This MBA/MPH allows students to combine business acumen with an exhaustive knowledge of the intricacies of public health over the course of three years. Though this program does not exist exclusively to educate students in the nonprofit sector, the combination of healthcare and business education makes these grads a perfect fit for health care-related nonprofit work. Students will also benefit from the knowledge of professors like Jay Prag, Ph.D., who serves on the board of directors at LINC Housing, a nonprofit low-income housing developer, and whose research often delves into the nonprofit world. This program will enable students to use business skills to increase the effectiveness of healthcare institutions in their communities, as well as internationally.
Claremont Professor Tom Kneisner Consulted in OSHA Debate
The government regime change will likely yield a new direction for the Occupational Safety and Health Administration (OSHA). The expectation is that OSHA will move away from enforcement and toward compliance assistance for employers.
Amidst debate about the extent of OSHA’s ability to minimize workplace injuries, WorkCompCentral reached out to Tom Kniesner, an economics professor at Claremont Graduate University’s Peter F. Drucker and Masatoshi Ito Graduate School of Management.
Kniesner has long held the belief that OSHA enforcement does not decrease workplace injuries. The Claremont professor asserted that workers’ compensation is a more effective way to foster a safe work environment. In fact, Kniesner co-wrote a piece with John Leeth in 1995 titled “Abolishing OSHA,” in which he argued that OSHA is ineffective and should be scrapped entirely.
In the article, the authors suggested that: “OSHA can never be expected to be effective in promoting worker safety; that an expanded OSHA will cost jobs as well as taxpayer dollars; and that other means currently keep workplace deaths and injuries low and can reduce them even more.”
“Rather than wasting more resources on an agency that cannot be effective, policymakers would do better to shut down OSHA and allow state and local officials to better utilize their own means to ensure worker safety,” Kniesner and Leeth said.
According to his article, Kniesner’s research has not shown any significant reduction in injuries due to OSHA’s policies. He contends that state workers’ compensation rules and tort law provide the majority of workers’ on-the-job protection.
The professor holds that OSHA is ineffectual, as inspections are infrequent, its fines are not heavy and it does not regulate many of the main safety issues facing workers.
Claremont’s Masters of Financial Engineering Program Receives Top Ranking
QuantNet recently ranked Claremont University’s Drucker School of Business’ Masters of Financial Engineering (MFE) program among the top 3 in the state of California, and in the top 25 of MFE programs in the country.
MFE education combines expertise in finance, economics and engineering. Students learn quantitative analysis of financial instruments and markets by acquiring skills in advanced mathematical and computational methods.
