Many business schools across the United States are named after successful businessmen, and their successes are studied and discussed by students. But at Jack Welch Management Institute (JWMI), students have the footsteps of a real-life model to follow.
Former CEO of General Electric, Jack Welch, was best known for turning the company into an international conglomerate by reinventing it several times over two decades. In 2018, Forbes named Jack to its list of 100 Greatest Living Business Minds, dubbing him the “CEO of CEOs”. The following year, Fortune.com listed his book as a biography of one of the 18 “Most Successful People in Business.”
We Invite You to Connect with Jack Welch Online MBA Program
CAREER COACHING A FOCUS AT JWMI
The JWMI Master of Business Administration online MBA program is a 30-month program, that enrolls students four times a year. Though the school is based right in the nation’s capital, Washington, D.C., administrators say everything for students in the MBA program is done online, including the admissions process interview that all students go through.
Each student is also assigned to an advisor who connects them with appropriate career-related resources throughout their program with access to writing and communication coaches, quantitative tutors, bi-monthly leadership webinars, local networking events, online networking group, and periodical subscriptions.
To further connect students with the industry, the online MBA program also features exclusive lectures by over three dozen executives from top companies, including Warren Buffett of Berkshire Hathaway, Omar Ishrak of Medtronic, Rosalind Brewer of Starbucks, Toby Cosgrove of Cleveland Clinic, and Kevin Plank of Under…
Many business schools across the United States are named after successful businessmen, and their successes are studied and discussed by students. But at Jack Welch Management Institute (JWMI), students have the footsteps of a real-life model to follow.
Former CEO of General Electric, Jack Welch, was best known for turning the company into an international conglomerate by reinventing it several times over two decades. In 2018, Forbes named Jack to its list of 100 Greatest Living Business Minds, dubbing him the “CEO of CEOs”. The following year, Fortune.com listed his book as a biography of one of the 18 “Most Successful People in Business.”
We Invite You to Connect with Jack Welch Online MBA Program
CAREER COACHING A FOCUS AT JWMI
The JWMI Master of Business Administration online MBA program is a 30-month program, that enrolls students four times a year. Though the school is based right in the nation’s capital, Washington, D.C., administrators say everything for students in the MBA program is done online, including the admissions process interview that all students go through.
Each student is also assigned to an advisor who connects them with appropriate career-related resources throughout their program with access to writing and communication coaches, quantitative tutors, bi-monthly leadership webinars, local networking events, online networking group, and periodical subscriptions.
To further connect students with the industry, the online MBA program also features exclusive lectures by over three dozen executives from top companies, including Warren Buffett of Berkshire Hathaway, Omar Ishrak of Medtronic, Rosalind Brewer of Starbucks, Toby Cosgrove of Cleveland Clinic, and Kevin Plank of Under Armour.
“We have a very student-centered model that is not only based on student outcomes but also returns on the job,” the school claims. And the school has the numbers to prove it. In a survey of their graduates, the school found that out of 607 students who graduated in 2021, some 68% of them received a pay raise or were promoted while enrolled in the online MBA program. The average salary at graduation was an impressive $101,600, and with these outcomes, 98% of graduates said they would recommend the program.
IMMEDIATE CAREER AND JOB TRAINING
Other ways in which the program, which was launched in 2010, differentiates itself, is by operating on the “Learn today. Apply tomorrow” motto. “Since 96% of our students are employed full time, our content is designed for immediate impact on the job,” Meghan Rodgers, Chief Marketing Officer, wrote in response to the Poets&Quants survey. “We are a student-centric school and utilize feedback to assess our content, faculty, and services. Our Net Promoter Score (NPS) averaged over 80 for the 2018/2019 academic year, putting us on par with the best organizations in the world.”
As part of the program, courses at JWMI are designed to help students create an immediate impact on their current companies. Students are guided through projects of their choice depending on their concentrations, most of which serve their employing companies in some way and can be used to impress.
Marketing students are expected to create marketing plans, Operations Management students complete a process map for their company’s operations, and apply Six Sigma techniques to optimize, and People Management students prepare a talent scorecard for their organization, identifying personnel gaps against current business needs. Strategy students assess their company’s strategy using the Jack Welch strategic framework, and New Business Ventures students either create a business plan for a startup or an intrapreneurial idea within their own company.
As a capstone project, students act as the CEO of their company and use data analytics to dissect a current business problem before creating a strategy to address it in the upcoming year. In conclusion, they deliver a Board-level presentation with their findings.
NETWORKING A PART OF THE PROGRAM
JWMI also offers its students opportunities to network at professional events in international markets. The school has hosted events with LinkedIn in Toronto where participants had the opportunity to receive career advice from JWMI executives and LinkedIn profile reviews, and pro-tips from the LinkedIn team. Other networking events were also held in London, Dubai, and Abu Dhabi.
At JWMI, all faculty members teaching in the online MBA program also hold a Ph.D., or terminal degree, and average 20 years of professional business experience at companies including Microsoft, Merck, AT&T, Citibank, Johnson & Johnson, and P&G. The school also does not practice tenure, instead assessing applicants to teaching positions based on their international experience and willingness to coach, rather than teach. Educators are also assessed based on student survey data, and those at the top are rewarded, those in the middle are coached, and those at the bottom are gently weeded out to do what’s best for the students. The faculty Net Promoter Score average for the 2021-2022 academic year was 87.
The course has a pretty average student-to-faculty ratio of 19:1 in each course, but what may be helpful is that the MBA program is completely online, including the admissions process that every applicant goes through.
“We support working adults who demand flexibility,” Rodgers says. “Our program is 100% online. Students can complete coursework on any device at any time within set due dates. We are one of the first schools to partner with Amazon’s audible to deliver course materials and lectures in audiobook format.”
CURRENT STUDENTS RANGE IN AGE FROM 22 TO 74
Compared to some other online programs, demands from the JWMI program are comparatively low, requiring just between 10 and 15 hours a week of involvement from students, with the total tuition and fees for the 2019 academic year being $19,478, making it a mid-price range online MBA program. At about $3,850 per course, a full 12 courses to earn the degree is estimated to cost $46,200 in tuition. And to make school more affordable, the school not only encouraged students to apply for tuition reimbursement from their companies, but also offer scholarships, financial aid, and military benefits.
With the current student body having an age range from as young as 22 to as mature as 73, one can expect classmates with a considerable variety of experiences and viewpoints to contribute to lively classroom discussion.
To apply, students must have at least five years of work experience, with more than half having spent a decade or more in their industry. They must also show a minimum 3.0 undergraduate GPA on a 4.0 scale, and write a personal essay.
“The big thing we’re looking for is evidence of graduate potential,” a JWMI spokesperson said. “Other than undergraduate GPA, we look at their professional resumes and how they’ve progressed through their careers. We looking for folks who want to be better leaders and build great teams. ”
JACK WELCH MBA
Built on a practical foundation, The core JWMI MBA curriculum is structured to help students gain the confidence and knowledge to execute with a CEO mindset.
The 12-course MBA program consists of the following class topics:
• Leadership in the 21st Century
• Business Communications and Executive Presence
Financial Management I
• Marketing in a Global Environment
• Managerial Economics
• People Management
• Financial Management I
• Operations Management
• Financial Management II
Managerial Economics
People Management
• Financial Management
• Strategy
• Organizational Change and Culture
• New Business Ventures and Entrepreneurship
• Business Analytics and Capstone
JACK WELCH MBA WITH OPERATIONS MANAGEMENT CONCENTRATION
Today’s competitive corporate landscape requires leaders who can remove bureaucracy and complexity to maximize their people’s and companies’ efficiency and productivity. The MBA with Operations Management Concentration delivers practical leadership skills, focusing on the analytical and quantitative tools needed to optimize processes and outcomes that will reduce costs, improve quality, and create a competitive advantage.
Jack Welch popularized Operations Management (OM) tools such as Six Sigma. He advocated approaching OM not as a discipline reserved for a select few job titles but as a broad approach that applies to all business aspects.
Students within the MBA concentration will gain the specialized skills to:
- Implement methodologies to collect, analyze, and interpret data for use in decision-making processes
- Leverage effective communication and change management practices to implement operations management initiatives throughout the organization
- Develop operations management strategies applicable to multiple functional areas to reduce costs, improve quality, and manage risk
- Provide leadership that enhances productivity and innovation and fosters an organizational culture that is motivating, adaptive to change, and equipped to compete in a global environment
JACK WELCH MBA WITH HEALTHCARE CONCENTRATION
Today, healthcare systems face unprecedented complexity—rising costs, economic inefficiencies, changing technologies, and increased regulation. This concentration will prepare you to address these critical issues and effectively lead in the challenging atmosphere. Students get the best of leadership, people management, and business skills from our core MBA curriculum combined with the healthcare operations, finance, technology, and policy tools you need to navigate today’s ever-changing healthcare environment.
Healthcare students will take specialized course in the following topics:
- Financial Management- It’s All About the Patient
- Operations Management- Saving Money, Saving Lives
- Strategic Partnering with the C Suite
- Managing through the Bureaucracy in Healthcare Healthcare Informatics and Healthcare Capstone (Healthcare)
JACK WELCH MBA WITH HUMAN RESOURCES CONCENTRATION
Talent is the driving force behind any team. And HR’s role is to find and develop that talent, building great companies as a result. After all, what could be more important than who gets hired, developed, promoted, or moved out the door?
This concentration curriculum was designed by Jack Welch and features lessons from talent management executives at Netflix, Delta Airlines and other leading companies who understand what is required to help transform the HR function into the most critical department within an organization.
Human Resources students will take core leadership, communications, marketing, finance, strategy, operations and entrepreneurship courses along with special HR courses in:
- People Management- Recruit, Retain, Reward
- Organizational Change and Culture- Lead Change by Putting People First
Duration
- Minimum time to complete: 18 months
- Maximum time to complete: 72 months
Tuition
Tuition for courses in the JWMI MBA is charged at a rate of $3,850 per course for the 12 required courses in the program. Other fees may apply.
Trusted and Accredited
- JWMI is part of Strayer University, which is regionally accredited by the Middle States Commission on Higher Education (3624 Market Street, Philadelphia, PA 19104, 367-284-5000).
- The Jack Welch Management Institute’s online MBA is also programmatically accredited by the Accreditation Council for Business Schools and Programs (ACBSP).
Faculty Profile
JWMI faculty members are hand-picked for their passion to engage, challenge, and excite our MBA students. Experts in their fields with many years of professional experience, our faculty members have successfully passed a two-part, 10-week intensive training program that provides results in a higher rate of engagement and confidence within their digital classrooms.
- 35% female/65% male
- 95% with a terminal degree
- Student-to-faculty ratio: 19 to 1
Admission Requirements
Applicants to the Jack Welch Management Institute’s Master of Business Administration program are required to provide:
- A completed application and enrollment agreement
- A valid current government-issued photo identification
- Proof of completion of a United States Baccalaureate degree from an accredited institution, or approved equivalent
- A 3.0 undergraduate GPA
- A minimum of five years’ professional experience
- Resume or LinkedIn profile
- Personal Essay
- In addition to the above, special consideration may be given to applicants who do not meet minimum GPA requirements but show graduate potential and have a minimum of five years of professional or business experience.