Living the Dream

Terrill Cosgray, Executive Director of Kelley Direct, visited Seattle last week to host a dinner for prospective students. When asked if I would be interested in attending the dinner, I didn’t hesitate to say yes. I have had a great experience working on my MBA in the Kelley Direct program so far, and I wanted to share my insights and experience with the prospective students.

The dinner was held at the Canlis Restaurant. The food was delicious, the service was phenomenal, but the best part of the evening was the great discussion we had with everyone in attendance. In addition to the prospective students, there were other current Kelley Direct students as well as alumni. It was fun to share experiences and get everyone’s perspective on the program. I really appreciated hearing the alumni speak about how the MBA they earned through Kelley Direct has helped them progress in their careers. One talked about how his degree helped him get a great promotion at Microsoft. Another other talked about how Kelley Direct Career Services helped him get a new job at Amazon.com.

I chose the Kelley School of Business because it is a highly rated business school, and the Kelley Direct program is, in my opinion, the best distance MBA program. I have been very pleased with my decision, which is good considering the significant investment I have made in the program both in terms of time and money. I am receiving an excellent education and I have already been able to apply things I have learned in my classes to my present job. 

I was asked by one of the prospective students about work-life balance in the program. He wanted to know if it was really possible to take 6 credits per quarter while working full time. I told him that it can be challenging, but it is possible. Anything of value requires sacrifice. That is true of getting a quality MBA education. I have had to sacrifice sleep more than anything else. Luckily, I have the support of my family at home and my boss at work. That makes a big difference. The flexibility of the online MBA format provided by Kelley Direct fits my lifestyle and makes it easier to keep everything in balance.

I look forward to staying in touch with the people I met at the dinner. They are all a lot of fun to hang out with. I hope the information I gave the prospective students was helpful. It would be fun to see them in one of my classes in the near future. 

Working in teams is an important part of most MBA programs. This is certainly true in the Kelley Direct distance MBA program. One of the things that I have enjoyed most about the Kelley Direct experience so far is the interaction I have had with fellow students and especially the team members I have worked with in each class. 

Teamwork starts in the first in-residence on campus where everyone is assigned a team with whom they do all of the class work, presentations, etc. My team at the in-residence (pictured above) was awesome. They are all very intelligent and brought unique perspectives from their diverse professional backgrounds. We worked hard, but we also had a lot of fun together. I learned a lot from each of them.

For students who are new to the Kelley Direct distance MBA program, here are a few suggestions for forming teams:

Networking

Take advantage of every opportunity to network. Get to know as many people in the program as possible. That way you will know who you would want to work with in future classes. The best place to start this is during the in-residences. I made an effort to meet as many people as possible at my first in-residence in Bloomington. Most of the people I have chosen for my teams are people I met at the in-residence.

When I was deciding between MBA programs last year, I sought input from a current Kelley Direct student. He gave me really good insight into the program and great advice on how to be successful. He highlighted the importance of networking at the in-residences:

“As you move forward, you have friends in the program (which is good because there tends to be a lot of group work interaction) who have each others' back and that comes in very important! Through email and Skype calls, cell phones and Facebook pages, I am in constant contact with my classmates. The interaction, support, and camaraderie are wonderful.”

Time Zones

Consider the impact of time zones. Coordinating schedules can be difficult because everyone in the program has a full-time job as well as other responsibilities. Finding a time when everyone is available for a team meeting poses a unique challenge in an online MBA program because the students can reside all over the world. 

In my Economics class, I choose teammates who live on the west coast like I do. Since we were all in the Pacific Time Zone, coordinating schedules was a little easier. My Marketing professor put us in teams based on our time zone too. Same-time-zone teams can be helpful for scheduling, but time zone should not be the only criteria in forming a team. Some of the strongest teams I have had were with teammates who live on the other side of the country.  

Diversity

Choose teammates with complimentary skills. Some of my most effective groups were with teammates whose strengths complimented my weaknesses or lack of experience. If you have less experience in a particular subject, it can help to have someone on the team whose area of expertise is that subject. My team in my Finance class was very successful, in part because we had someone who worked in the financial industry. The Kelley Direct student body is very diverse, both culturally as well as professionally. Utilize that diversity in your teams.

Kelley Direct students always talk about the sense of community they feel in the program. I have found that it extends beyond just the distance MBA program. I have enjoyed being part of the Kelley School of Business community. I try to attend any Indiana University or Kelley School of Business activity that is held in my home town of Seattle.

I had the opportunity to attend a Kelley School of Business alumni networking event last week hosted by Louis Jordan and featuring Wayne Winston.  Mr. Jordan earned an MBA in finance from the Kelley School in 1980 and has had a distinguished career in finance.  He currently serves as Senior Vice President – Finance for Starbucks Coffee Company.  Dr. Winston is a professor of Operations and Decision Technologies at the Indiana University Kelley School of Business.

I enjoyed the event.  It was fun to see how many Kelley School alumni currently live in the Seattle area.  It was also inspiring to hear Mr. Jordan speak.  The highlight of the evening was Professor Winston.  I had followed him on Twitter and I occasionally check out his web site, WayneWinston.com to see how he uses math and metrics to predict the winner of sporting events. 

Several of the people in attendance at the event had attended Professor Winston's MBA classes as students.  It was interesting to see how beloved he is by his former students. 

As if the evening wasn't exciting enough, I won a copy of Professor Winston's book, Mathletics: How Gamblers, Managers, and Sports Enthusiasts Use Mathematics in Baseball, Basketball, and Football.  Professor Winston even signed the book for me.  I look forward to reading it, but I won't have time until the current quarter ends.  I have more than enough to read right now for my Marketing, Operations, and Supply-Chain Management classes.

What does it mean to “live the dream”? It means to achieve your goals, to accomplish everything you have set out to accomplish. It means to have it all and do it all. Living the dream can be a challenge for most of us because we have conflicting goals. For example, my major life goals include raising a family, having a successful career, and earning a master of business administration degree.   Why are those goals conflicting? They are all competing for my time, the scarcest resource I have.  I have a beautiful wife and two young sons. I love to spend time with them, but I have missed many meals and important family activities because of my hectic work schedule. 

Earning an MBA has always been one of my biggest goals, but as I have progressed in my career and my family responsibilities have increased, I began to think that I had missed the window of opportunity. I finally decided that 2009 was the year to get into business school and make my dream a reality. The challenge was to find a business school that met all of my criteria. I wanted to attend a highly ranked university that would provide a top-notch education. I also wanted a program that would give me the flexibility to meet the obligations of my current job and not become a stranger to my family.

A friend of mine at work clued me in to the fact that there are several top universities across the country that offer distance MBA programs. This opened a whole new realm of possibilities for me.  I became obsessed with finding the best online MBA program. I learned that there are several online business colleges, but I was only interested in an AACSB accredited online MBA program. Ultimately one program stood head and shoulders above the rest—the Kelley Direct program from Indiana University’s Kelley School of Business.