Cenquest and University of Texas Sign With IBM to Deliver an IBM Custom Master's Degree Program.Business Editors, Hi-Tech Writers PORTLAND, Ore.--(BUSINESS WIRE)--Jan. 28, 2002 Deal Highlights Growing Trend In Corporate Education: University Degrees Adapted To Meet Company-Specific Needs Cenquest, a provider of Web-enabled graduate degrees for working professionals, and The University of Texas at Austin “University of Texas” redirects here. For other system schools, see University of Texas System. The University of Texas at Austin (often referred to as The University of Texas, UT Austin, UT, or Texas today announced an agreement with IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) to deliver a master's degree master's degree n. An academic degree conferred by a college or university upon those who complete at least one year of prescribed study beyond the bachelor's degree. Noun 1. program for IBM employees. By infusing the program's curriculum with company-specific issues and projects, IBM will be providing employees with an education that is academically sound and of immediate value to both the employee and the company. Those completing the 15-month program will earn a Master of Science Degree in Science and Technology Commercialization (MSSTC MSSTC Multi-Stratum Space-Time Code ) from The University of Texas at Austin. The MSSTC degree, which is offered by UT Austin's IC2 Institute, is specifically designed to help teach IBM technologists the skills necessary to take products to market faster. The custom degree will adapt the curriculum within a context that is immediately relevant to the day-to-day work of IBM employees. "By placing The University of Texas' leading edge curriculum within the context of IBM's ongoing projects, we believe we will be offering our employees an education with value and relevance that is unprecedented," said Bruce Aumack, a manager at IBM's center of learning. "IBM clearly understands that the marketplace is continuously evolving. The custom degree program will help ensure that our employees are prepared to meet the challenges of a changing marketplace and help IBM lead the industry into the future." While the program includes a face-to-face launch, the remainder of the 15-month degree program will take place online. This e-learning model will allow participation of employees from IBM campuses around the world while maintaining minimum impact on their day-to-day productivity. It will also permit the inclusion of guest lectures from IBM executives. Cenquest will work with the university and IBM to ensure that the educational experience meets university standards while addressing specific IBM business objectives. "The logistical freedom provided by e-learning has opened the doors to radically new possibilities in corporate education," said LaVonne Reimer, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. for Cenquest, "including the ability for universities to offer companies degree programs tailored to meet their individual needs. We are seeing this marriage of credentials and company-specific requirements spark the imagination of CEOs looking to generate a more substantial and visible return on their employee education investment, a valued component of employee benefits and compensation plans." The IBM program will build on the experience of UT Austin and Cenquest in jointly developing and delivering the MSSTC degree to the first group of online students who graduated in May 2001. This existing online degree will be modified to include an IBM-specific focus in several ways. These include: -- Identifying and assessing IBM technologies for commercialization potential. -- Including assignments and group projects that focus on IBM's critical business issues. -- Integrating IBM-specific readings, discussions and examples within courses. -- Involving IBM executives as online "speakers" or discussion moderators. -- Designing a delivery schedule to fit the company's calendar. "The University of Texas at Austin's innovative MS in Science and Technology degree program highlights the pioneering spirit of education today," said Dr. Brad Zehner, director of the MSSTC program. "I believe the work we are doing with IBM is indicative of a trend that will redefine the relationship between academia and the corporate worlds." Cenquest has delivered corporate-specific degree programs and graduate courses for employees from a number of top technology companies. Intel employees are currently enrolled in a Cenquest-delivered company-specific MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration program being offered by Babson College Babson College, located in Wellesley, Massachusetts (zoned as "Babson Park," ZIP code 02457),[1] is a private business school that grants all undergraduates a Bachelor of Science in Business Administration. The F. W. . Cenquest is also providing the e-learning component for the highly acclaimed TRIUM international executive degree program that includes New York University Stern School of Business The Leonard N. Stern School of Business is New York University's (NYU) business school. It was named after Leonard N. Stern, an alumnus and benefactor of the school. The school was established in 1900 as the NYU School of Commerce, Accounts and Finance. (NYU NYU New York University NYU New York Undercover (TV show) Stern), the London School of Economics and Political Science London School of Economics and Political Science, at London, England; founded 1895, recognized as a school of the Univ. of London (see London, Univ. of) in 1900. (LSE LSE - Language Sensitive Editor ), and HEC HEC Hautes Études Commerciales HEC Hautes Etudes Commerciales (French) HEC Higher Education Commission (Pakistan) HEC Hydrologic Engineering Center (Davis, CA) , Graduate Business School in Paris. About Cenquest Cenquest is the only e-learning company to offer corporations university-branded degree programs and other university courses that are tailored to meet company-specific needs. Cenquest courses are highly interactive, instructor-mediated and event driven. They offer the interactive element of traditional classes through online discussions and collaboration between students and faculty. Cenquest also offers a full range of necessary support and delivery services required to enable e-learning events, including faculty support and training, student registrations and tracking, and event management and hosting. For more information about Cenquest visit www.cenquest.com or call (503) 276-7900. About The University of Texas at Austin's IC2 Institute The IC2 Institute is a strategic center for technology commercialization at The University of Texas at Austin. IC2 - which stands for Innovation, Creativity, and Capital - is a prestigious international, multi-disciplinary research and education institute that links technology, entrepreneurship, and education to foster sustainable social and economic development around the world. The Institute, founded by Dr. George Kozmetsky George Kozmetsky (October 5, 1917 – April 30, 2003, Austin, Texas) was a technology innovator, businessman, educator, author and philanthropist. He co-founded Teledyne Inc. and was the dean of The University of Texas at Austin Business School for 16 years. , former Dean of The University of Texas Business School and co-founder of Teledyne, is the home of the Austin Technology Incubator incubator, apparatus for the maintenance of controlled conditions in which eggs can be hatched artificially. Incubator houses with double walls of mud, a fireroom, and several compartments each holding about 6,000 hens' eggs were developed in ancient times; the and the founder of The Austin Software Council and The Capital Network. The IC2 Institute also offers the world-renowned one-year Master of Science Degree in Science and Technology Commercialization. For more information, please see URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. www.ic2.org/msdegree or call (800) 687-8532. Product or service names mentioned herein are the trademarks of their respective owners. |
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