Beginning next fall, Heidelberg University's MBA program is to be offered exclusively on the Tiffin campus with a new focus on traditional undergraduate and international students.
Haseeb Ahmed, dean of Heidelberg's School of Business and professor of finance, said the move comes after the closing of Heidelberg's Arrowhead Park campus in the summer of 2015.
While the two-year program still is to be available to working adults and other students, Heidelberg has developed a one-year, full-time MBA program.
The two-year MBA program is to retain its current accelerated format of one course per eight-week term with classes one night each week while the one-year MBA would require two courses each term with classes meeting one night per week.
All courses are be seated and taught by qualified, full-time business faculty, Ahmed said.
The full-time MBA program can be completed in 12 months. Undergraduate students who complete their bachelor's degrees in May could complete the foundation prerequisite courses in the summer, begin MBA coursework in the fall and complete it one year later, Ahmed said.
Another component that differentiates Heidelberg's MBA program is field study coursework that allows students to apply classroom knowledge to real-world scenarios. MBA students are required to complete a practicum through the Heidelberg Business Institute, an applied research and consultancy arm of the School of Business, through the field study coursework. Working in small teams and under the guidance of a full-time faculty supervisor, they are paired with for-profit and not-for-profit organizations as a client to address real-world business issues.
"Students will be able to get to see how a theory works in the classroom and be able to implement that theory in the real-world," Ahmed said.
In addition, Ahmed said the newly formed MBA program can appeal to international students as well.
The new program is to create a global, diverse classroom that is to allow greater value for the students, Ahmed said.
"A MBA provides a more competitive edge," Ahmed said. "Students with an MBA are more likely to be high performers, prepared for their positions, and are promoted sooner."
According to the university's website, alumni employers include Adersons Inc., Ohio Auditor of State, BP Products North America Inc., Campbell Soup Co., Ford Motor Co. and Merrill Lynch.
Ahmed said the field study program engages students with the community.
"It's a partnership that shows that the Heidelberg School of Business is not only relevant in the lives of the students but within the community as well," he said. "The liberal arts-based business programs that are offered by the school of Business must be current, relevant, engaging, innovative and impactful to the lives of its stakeholders."
Stakeholders are the students, faculty and staff, parents and the business community, he said.
"We want to be able to stay innovative and create and sustain a value for our students, faculty and the business community" Ahmed said. "With the Heidelberg School of Business, we want to look at the impact and how to position ourselves in the region."