Home » Programs
Category Archives: Programs
International Entrepreneurship Students Perfect Their Pitch
Last week, our fifth cohort of the Global Summer Entrepreneurship Program wrapped up their studies and returned home to China and the Philippines. These students may one day launch a business or develop a product that changes the world, but for now, they’re learning how to do that when that day comes.
The Summer Entrepreneurship Program launched five years ago when Bloch Executive Education established a partnership with the Jiangsu Department of Education to offer a study abroad experience for undergraduate students interested in entrepreneurship. The program was later expanded to include students from Xiamen University and others in China, Malaysia, Indonesia, and the Philippines.
The three week immersion program centers on a competitive simulation in which students design and launch a business. Students study and apply business concepts such as financial analysis and marketing strategies. They learn and practice soft communication skills for team leadership and for making an effective pitch to potential investors. Students also have the opportunity to practice and polish their English language skills.
The classroom experience and competitive simulation are balanced with tours of companies headquartered in Kansas City, a visit to the Kauffman Foundation to watch entrepreneurs present at 1 Million Cups, a tour of the city, a baseball game, and other activities to help them deepen their understanding of American culture.
Students who have completed the program report a high level of satisfaction with the classes and teaching methods. Through the simulation, they gain a deeper awareness of what entrepreneurship entails and cultivate a genuine passion for the start-up experience. One team this year worked through the night (until 5:00 a.m.) preparing to make their pitch. Fortunately, their hard work paid off and they won first place!
This program, and other Bloch Executive Education International Programs, are organized by Huan Ding, International Program Principal. Next year, she is expanding the Global Summer Entrepreneurship Program to students from Latin America, Europe, Africa, and beyond for a truly global classroom experience. Huan is excited about what the future holds for these bright, young entrepreneurs and looks forward to welcoming a new cohort in 2017.
If you are interested in learning more about the Global Summer Entrepreneurship Program, please contact Huan Ding at 816-235-6153 or dingh@umkc.edu.
International Program participants are inspired by American learning style
Some people may not be aware that the Bloch School delivers international programs as part of its non-degree executive education offerings. International programs expose international executives, scholars, and students to the U.S. education system, entrepreneurship, as well as business operations. Participants learn firsthand from top professors, universities and corporations on how to nurture innovation and instill the American entrepreneurial spirit.
One of our 2014 student international program included students from China and Indonesia for the Bloch Summer Entrepreneurship Experience through the American Study Abroad Program (ASAP). During this program, students broadened their understanding of entrepreneurship and innovation in America through observing practices in the field; meeting and networking with top scholars and practitioners; and participating in experiential learning activities.
At the end of the program, International Program Principal Huan Ding sat down to talk with a couple of the students, Ning Zeng and Bobang Lu and the adult leader Lingquao Zhu to learn about their experience.
Here are some excerpts from that interview.
Huan: What did you learn the most duringthe program?
Ning: I learned the most from the simulation game. I felt like I was a real entrepreneur running a business. The game gave us the opportunity to learn how to manage a company and we gained a better understanding on how a company operates on a daily basis. During the game, we worked as a team to solve hypothetical problems that might come up in a real business setting.
Lu: When I started the program, I knew nothing about business because I am a law student. The business lectures and the simulation game were very new to me. The game and classes gave me the idea that I could build my own business, a law firm, in the future even though I am not in business management. I have already started planning what my business will look like in the future.
Huan: You have been studying here for almost a month and you have experienced the American
learning style. Compare the American learning style to the Chinese learning style. Are there any differences? Which one is your ideal learning style?
Lu: I like the American learning style better. It is different from the Chinese learning style in many ways. For example, in China we learn by working on textbook problems. The goal is to memorize the questions and answers. Here in the US, we have been encouraged to have more group discussions and exchange thoughts with our teams.
Huan: Do you have more work to do in the US or China?
Lu: There might be more outside work to do here in the US. However, we gain more from the thinking process, and the knowledge will stay with us for a long time. In China, knowledge is hard to retain since we are just memorizing the answers and not really digesting the concepts.
Ning: I agree with Lu. I do like the learning style better here. In China, the educational system does not require us to digest the concepts or understand the purpose of learning. All we need to do is earn a good grade on exams. Therefore, we gain a lot of knowledge but do not understand the meaning behind it. With the US learning style, I have gained deeper thoughts on what we are learning and have discovered that a lot of course materials are connected. I have a bigger picture on how to apply course concepts into my thinking and how they contribute to outcomes.
Lingquao: This is a very good experience for the students. They are motivated to learn independently instead of being forced to learn by teachers.
Huan: Which activities or events did you enjoy the most outside of the classroom?
Ning: I liked the College Basketball Experience at the Sprint Center the most. I believe this is a universal sport that is popular in every country.
Lu: I was impressed by how friendly Americans are. They will smile at each other even they have never met. I think this is a great habit to start every morning.
Lingquao: The College Basketball Experience was definitely a remarkable event. I rarely play basketball in China but I still joined the team to play basketball here. Last but not least, shopping was an exciting experience for us!
The International Student Exchange programs include a combination of classroom learning, experiential visits around the city, and cultural immersion activities such as the College Basketball Experience at Sprint Center. These very important programs support cultural understanding and strategically support the Bloch School’s strategy of being known around the world for excellence in experiential learning and entrepreneurship.
Executive Education in Kansas City: Insights from Kimberly Young
Kimberly Young is the founding director of Bloch Executive Education at UMKC, which was established in 2008. Kimberly also became the Executive MBA Executive Director in 2012. She’s helped build mutually valuable partnerships between the Kansas City business community and the university through Bloch’s executive programs. In her unique roles, Kimberly has her finger on the pulse of the latest trends in talent development in Kansas City. We asked Kimberly to weigh in on executive education and Bloch’s role in serving that niche community.
Through Bloch Executive Education’s custom programs, you’ve worked with some of the top companies in Kansas City and in the region, designing leadership development programs utilizing industry thought leaders at the university to fill gaps and advance organizational goals. What are some of the most common components in those programs?
Our leadership development programs are particularly unique because of our focus on understanding and application. We’re not here to only teach a concept or theory, but to help participants understand why that concept or theory is important and how it can make a difference when applied to their work. Our customized programs are co-created with our clients during a series of pre-meetings to make sure that we are delivering on the outcomes that they expect.
What are some talent development trends you’ve observed in the past few years in Kansas City?
We’re hearing Kansas City companies talk a lot about accountability, risk taking, and innovation. These competencies mean different things to different organizations, but we are very clear that these three things are key to the survival and success of our companies. If organizations are not able to create an environment in which risk-taking is rewarded and accountability is supported, leaders will not do what it takes to cultivate and exercise an innovative mindset. It’s the innovative mindset that drives leaders to scan the environment and think about the opportunities that exist in the complexity of the world today.
What is the value proposition of the Bloch Executive MBA and how is it different from its competitors?
The Bloch Executive MBA is built upon four platforms: Leadership, Civic Engagement, Innovative Mindset, and Global Perspective. The combination of these four platforms makes our program stand out from any other program in the country. We all teach leadership and many programs touch on global perspective, but to add innovation and the impact of policy on business to the foundation of the program, that is uniquely Bloch, and quite frankly, uniquely Kansas City. Our goal to become the nation’s most entrepreneurial city is evidence that our community and business leaders are already thinking this way. As for innovation, it’s the notion that understanding how to scan the environment and leverage and communicate opportunities is important for current positioning for future success. That’s how we view innovation—seeing the opportunity when everyone else sees chaos.
The Executive MBA Council reported that on average 25% of students entering an Executive MBA program in 2014 received full financial sponsorship from their employer. Bloch far exceeds that industry average. Within the Bloch Executive MBA Class of 2016, 42% of students were fully sponsored by their employers. Why do you think Kansas City employers are willing to fully sponsor the cost of a Bloch Executive MBA?
Kansas City employers understand the importance of investing in their leadership and they show it by partnering with Bloch to create a training ground for our next generation of business and civic leaders. I can’t think of a better place to do this than the very place that is the educational home to numerous entrepreneurs across the city. This is a city that believes in investing in and growing its own and we are Kansas City’s university for educating executives.
New More Convenient CFP Programs
On March 20th, Bloch Executive Education launched two exciting new CFP programs, The Masters Certificate in Financial Planning and the Online Executive Certificate in Financial Planning. Both programs are now accepting registrations.