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Jack Welch Management Institute

Topic: Organization

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Jack Welch Management Institute
Logo for the Jack Welch Management Institute
Jack Welch Management Institute Logo
TypeFor-profit business school
Established2009
Students~1700 (2018)
Websitejackwelch.strayer.edu

The Jack Welch Management Institute at Strayer University is a for-profit online educational institution founded in 2009 and based in the United States, offering an executive Master of Business Administration degree and executive certificates for working adults. It was founded by Jack Welch, former CEO of General Electric. The company is headquartered outside of Washington D.C. at Strayer University's corporate office - 2303 Dulles Station Blvd, Herndon, VA 20171.

History

The Jack Welch Management Institute was developed in 2009 by former GE CEO Jack Welch in partnership with Chancellor University,[1] to create a business school aimed at providing leadership training to managers and executives.[2] The institute launched in June 2009,[3] and classes began in January 2010.[4]

Acquisition by Strayer University

In April 2011 Welch approached Strayer University to discuss moving the institute to the university.[5][6][7][8] The deal to acquire the institute closed in December 2011.[9]

In June 2012, the Jack Welch Management Institute announced the appointment of Daniel Szpiro as Dean.[10] Szpiro had previously been the Associate Dean for Executive Education at the Samuel Curtis Johnson Graduate School of Management at Cornell University.

Programs

The institute offers an accredited Master of Business Administration[2] and executive certificates[8] covering various business-related topics[11] through online classes.[3] The online MBA is a two-year program and the certificates are six-week programs.[12] In March 2013, the Institute launched a series of online, self-guided, self-paced management training programs under the Welch Way brand.

Welch developed the curriculum, drawing from his management experience as CEO of GE and his experience teaching managers and executives at GE's Leadership Development Center.[2][3] In addition to helping shape the program's curriculum, he holds the title of distinguished professor at the institute.[13] He regularly addresses students via video stream, and holds a video conference with them at the end of each term.[14][15]

Welch expects the relatively low tuition and flexible schedule for the institute's MBA program to make the program attractive to those currently employed but wishing to earn an MBA.[3] He has stated that he plans to grow the institute into the number one online business school in the world by 2016.[16]

JWMI's MBA program was recently named the number one most influential education brand on Linkedin.[17] and one of the top business schools to watch in 2016.[18]The program has also been named one of the Top 25 Online MBA Programs two years in a row (2017 & 2018) by the Princeton Review for its excellence in five areas of selection criteria: academics, selectivity, faculty, technical platforms, and career outcomes.[19]

References

  1. ↑ Paul Glader (22 June 2009). "The Jack Welch MBA Coming to Web". Wall Street Journal. https://www.wsj.com/articles/SB124562232014535347. Retrieved 11 April 2012. 
  2. ↑ 2.0 2.1 2.2 Jim Nichols (23 June 2009). "Jack Welch is joining forces with retooled business school". Plain Dealer (Cleveland). Archived from the original on 28 October 2009. https://web.archive.org/web/20091028182207/http://www.cleveland.com/news/plaindealer/index.ssf?%2Fbase%2Fcuyahoga%2F124574598467390.xml&coll=2. Retrieved 15 March 2012. 
  3. ↑ 3.0 3.1 3.2 3.3 Geoff Gloeckler (22 June 2009). "Jack Welch Launches Online MBA". Bloomberg Businessweek. http://www.businessweek.com/bschools/content/jun2009/bs20090622_962094.htm. Retrieved 15 March 2012. 
  4. ↑ Janet Okoben (6 November 2009). "Jack Welch institute to offer Jan. classes". Plain Dealer (Cleveland). http://blog.cleveland.com/metro/2009/11/jack_welch_management_institut.html. Retrieved 15 March 2012. 
  5. ↑ Megha Mandavia and A. Ananthalakshmi (14 November 2011). "Strayer buys management school started by former GE executive Jack Welch". The Washington Post. https://www.washingtonpost.com/business/capitalbusiness/strayer-buys-management-school-started-by-former-ge-executive-jack-welch/2011/11/11/gIQAMlE0IN_story.html. Retrieved 11 April 2012. 
  6. ↑ Timothy Magaw (21 November 2011). "Chancellor charts new course without Jack Welch institute". Crain's Cleveland Business. http://www.crainscleveland.com/assets/pdf/CC764301118.PDF. Retrieved 15 March 2012. 
  7. ↑ Melissa Korn (11 November 2011). "Welch to Move School Out of Chancellor University". Wall Street Journal. https://www.wsj.com/articles/SB10001424052970204358004577030363898873138. Retrieved 15 March 2012. 
  8. ↑ 8.0 8.1 Eckert, Barton (11 November 2011). "Strayer Education buys Jack Welch Management Institute". Washington Business Journal. http://www.bizjournals.com/washington/news/2011/11/11/strayer-buys-jack-welch-management.html. Retrieved 20 March 2012. 
  9. ↑ "Strayer Education, Inc. Reports Fourth Quarter and Full Year 2011 Revenues and Earnings; and Winter Term 2012 Enrollments". 16 February 2012. http://www.strayereducation.com/releasedetail.cfm?releaseid=649139. Retrieved 21 March 2012. 
  10. ↑ http://www.strayer.edu/news/10948-jwmi-names-award-winning-instructor-dean
  11. ↑ John A. Byrne (15 November 2011). "Look out, B-schools: Jack Welch is moving in". CNN Money (Cable News Network). http://management.fortune.cnn.com/2011/11/15/look-out-b-schools-jack-welch-is-moving-in/. Retrieved 21 March 2012. 
  12. ↑ "About JWMI FAQS". Jack Welch Management Institute. Strayer Education, Inc.. http://www.jwmi.com/faq-page/1. Retrieved 20 March 2012. 
  13. ↑ "About Jack Welch". Jack Welch Management Institute. Strayer Education, Inc.. http://www.jwmi.com/content/about-jwmi-jack-welch. Retrieved 24 April 2012. 
  14. ↑ Paul Glader (9 November 2011). "Exclusive: Management Guru Jack Welch Talks About Digital Education, Online MBAs & Modern CEOs With WA.". Wired Academic. Archived from the original on 15 March 2012. https://web.archive.org/web/20120315084409/http://www.wiredacademic.com/2011/11/exclusive-management-guru-jack-welch-talks-about-digital-education-online-mbas-modern-ceos-with-wa/. Retrieved 19 March 2012. 
  15. ↑ "Executive MBA Jack's Involvement". Jack Welch Management Institute. Strayer Education, Inc.. http://www.jwmi.com/content/executive-mba-jacks-involvement. Retrieved 20 March 2012. 
  16. ↑ Antoine Gara (11 November 2011). "Strayer Buys Jack Welch For-Profit". The Street. http://www.thestreet.com/story/11308403/1/strayer-buys-jack-welch-for-profit.html. Retrieved 19 March 2012. 
  17. ↑ Haden, Jeff. "Jack Welch Reveals the 1 Quality Every Great Leader Possesses". Inc.com. http://www.inc.com/jeff-haden/jack-welch-reveals-the-one-quality-every-great-leader-possesses.html. Retrieved 12 August 2016. 
  18. ↑ SCHMITT, JEFF. "10 Business Schools To Watch In 2016". Poets and Quants. http://poetsandquants.com/2015/12/16/10-business-schools-to-watch-for-2016/. Retrieved 12 August 2016. 
  19. ↑ https://finance.yahoo.com/news/princeton-review-ranks-jack-welch-170100675.html

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