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Kathy’s Point: Removing Barriers and Leading the Future of Business

Kathy’s Point: Removing Barriers and Leading the Future of Business
Dean Kathy Farrell reconnected with Chad Mariska, ’98, when he returned to campus as this year’s College of Business Alumni Master in March. Named Oklahoma’s Secretary of Commerce and Workforce Development in October, Mariska shared with students how he used his finance degree as a key leadership tool throughout his career in businesses, nonprofits and government.

I wanted to share a big announcement about our highly-ranked MBA@Nebraska program. To increase access and remove hurdles, we will no longer require a GMAT or GRE score. This change starts with those applying by the July 1 deadline for fall admission and continues with future application deadlines of November 1 and April 1 for spring and summer, respectively. Our MBA@Nebraska program provides one of the best ROIs, with a flat tuition rate of $650 per credit hour for all students, regardless of where you live. Also, 99% of graduates are employed or continuing education within the first four months and a recent survey by the Graduate Management Admissions Council™ showed that our MBA graduates earn approximately $26,000 more annually – that’s nearly the full cost of the MBA@Nebraska program.

We also continue to increase our entrepreneurship outreach. Nebraska students and young adults in The Bay’s Gap Year Program collaborated in a new pop-up course to create a personalized five-year plan for transitioning into their professional careers. Andrew Hanna, assistant professor of practice in management, and Mike Smith, a nationally recognized social entrepreneur and founder of The Bay, taught the course called Applied Design Thinking: A Human-Centered Approach to Designing Your Life (MNGT 398).

I was recently elected to serve on the board of directors for the Association to Advance Collegiate Schools of Business, our accreditation agency. We were one of 17 charter members of the AACSB in 1916, and I'm proud to continue to lead the future of business education by serving on this international board. I plan to lend my research expertise in organizational governance and provide input and updates about the accreditation standards that we will be measured against for re-accreditation. Our accreditations in business and accounting that focus on continual improvement, demonstrate the quality of faculty, relevant and challenging curriculum, and educational and career opportunities found at Nebraska Business.

One of the reasons I look forward to serving on this board for the next three years is because of all the great news I get to share about our college's community. In this month's newsletter, you'll find three great examples of students, faculty and staff doing big things, which include:

Later this month, we'll honor three outstanding business professionals and one exemplary business at our 37th Annual Advisory Board Awards Luncheon. Also, stay tuned for an exciting announcement about new partnerships between employers and the college!

Thanks for all you do as alumni and friends to lead the future of business, and help share our stories. None of these things would be possible without the support of the Nebraska Business community!

Together, we are Nebraska Business.

Dean Kathy Farrell

Published: April 12, 2023