Sloan Fellows
The Sloan Fellows program is the world's first mid-career and senior career master's degree in general management and leadership. It was initially supported by a grant from Alfred P. Sloan, the late CEO of General Motors, to his alma mater, MIT. The program was established in 1930 at the MIT Sloan School of Management. Later it was expanded to the Stanford Graduate School of Business (1957), and London Business School (1968). Considered to be one of the most prestigious management training programs in the world, it targets experienced leaders who have demonstrated success either within organizations, or independently as entrepreneurs. Notable alumni include Kofi Annan, former United Nations Secretary-General and Nobel Peace Prize Laureate (MIT, '72), Lord John Browne of Madingley, former chairman and CEO of BP and member of the British House of Lords (Stanford, '81), and Carly Fiorina, former CEO of Hewlett-Packard (MIT, '89).
History
The Sloan Fellows Program was created at the MIT Sloan School of Management in 1930, by Alfred P. Sloan, Chairman of General Motors from 1937 to 1956, who envisioned the Sloan Fellowship as a means of developing the "ideal manager". The Sloan Fellows Program is the world's first general management and leadership education program for mid-career experienced managers.
In the following decades, the program was expanded to include the Sloan Master's at Stanford Graduate School of Business[1] (1957[2]) and the Sloan Master's at London Business School[3] (1968 [4]). In 2013, Stanford changed the name of its Sloan Fellows Program to Stanford MSx (Master of Science in Management for Experienced Leaders), though participants in the program remain Stanford Sloan Fellows.[5]
Academics
Sloan Fellows comprise a mix of company and self-sponsored candidates. At all three schools, a significant degree of experience is required for admission. Alumni describe the program as "transformational", in keeping with Alfred P. Sloan's original vision of preparing accomplished managers for senior business leadership positions and increasingly, launching successful enterprise ventures.
The Sloan Fellows program is delivered full-time over the course of 12–14 months, depending on electives. London Business School and MIT Sloan offer an optional research thesis.[6][7][8]
The program recognizes the importance of developing leadership and management competency in Sloan Fellows. As such, in addition to the standard MBA curriculum of management courses, the Sloan program contains a strong personal-development component designed to develop the leadership and strategic thinking capabilities of Sloan Fellows. The London Business School Sloan Master's is a specialized program emphasizing strategy, leadership and an intensive personal development provision.
Admission
Admission to the Sloan Fellow programs is highly selective. At the MIT Sloan School of Management, the prospective applicant needs to first register interest through the program website and upload a resume. After an initial screening, a member of the admissions committee will contact the registered applicant to schedule a 30 minute phone orientation. Prospective applicants are invited to visit the program in Cambridge, Massachusetts for class visits, to engage with current students and meet the program officers.
After the initial screening, applicants submit a formal application, which includes undergraduate transcripts, GMAT or GRE score report, letters of recommendation, and personal essays. The received applications are screened by the admissions committee, and selected applicants are invited for a formal admissions interview, usually held on campus, or via video conference for international students. Following the interview, admissions decisions are made and applicants are notified. This process is repeated three times for three rounds of application deadlines.
Traditional full-time MBA programs comparison
Typical top 10 MBA program | Sloan Fellows program | |
---|---|---|
Duration | Full-time, 2-year | Full-time, 1-year |
Average work experience | 4-year | 13-year, 8-year minimum |
Average age (80%) | 25 - 30 | 30 - 40 |
International students | ~40% | ~60% |
Class size | between 400 and 1000 | between 60 and 110 |
Degree | MBA | MSc in Management (or MBA at MIT) |
GMAT/GRE | Required | Required (MIT & Stanford avg. GMAT ~ 715) |
Work experience influence on acceptance | Medium | High |
MIT, Stanford and LBS differences
MIT Sloan School of Management | Stanford Graduate School of Business | London Business School | |
---|---|---|---|
Year Founded | 1930 | 1957 | 1968 |
Minimum experience | 10 years[9] | 8 years [10] | 15 years [11] |
Average experience | 14 years [12] | 12 years [13] | 18 years [14] |
Class size | ~110 [9] | ~80 [13] | ~60 [14] |
Passports | ~35 [15] | ~30 [13] | ~25 [14] |
Tuition | $136,135 [16] | $132,900 [17] | £70,800 [18] |
Degree | MBA or MS in Management or Management of Technology [19] | MS in Management (MSM) [20] | MSc in Leadership and Strategy [21] |
Degrees
Sloan Fellows at MIT Sloan may opt for an MBA, Master of Science in Management, or Master of Science in Management of Technology. Sloan Fellows at London Business School and Stanford Graduate School of Business are awarded a Master of Science degree.
Prominent alumni
Notable Sloan Fellows of the MIT Sloan School of Management include:
- F. Duane Ackerman (SF '78), former Chairman and CEO of BellSouth
- Thad Allen, former Commandant of the U.S. Coast Guard
- Kofi Annan (SF '72), former Secretary-General of the United Nations and winner of Nobel Peace Prize in 2001
- Megan J. Brennan (SF'03), 74th United States Postmaster General, CEO of United States Postal Service
- Patrick R. Donahoe (SF'93), 73rd United States Postmaster General, CEO of United States Postal Service
- John E. Potter (SF'95), 72nd United States Postmaster General, CEO of United States Postal Service
- Chan Chun Sing (SF '05), Minister in Prime Minister's Office and the Secretary-General of the National Trades Union Congress, Singapore
- Colby Chandler, former Chairman and CEO of Kodak
- Yang Hua(SF '04), Chairman of China National Offshore Oil Corporation
- Philip M. Condit (SF '75), former Chairman and CEO of Boeing
- Carly Fiorina, former CEO of Hewlett-Packard
- John Legere, (SF '91) CEO of T-Mobile US
- Donald V. Fites (SF '71), former Chairman and CEO of Caterpillar Inc
- William Clay Ford, Jr. (SF '84), Chairman of Ford Motor Company
- James C. Foster (SF '85), Chairman and CEO of Charles River Laboratories
- Gan Siow Huang (SF '10), first Singaporean female general
- Bruce S. Gordon (SF '88), former President and CEO of NAACP
- Roger W Hale, (SF '79), former Chairman and CEO of LG&E Energy Corp
- Daniel Hesse, President and CEO of Sprint Nextel
- Robert Horton (SF '71), British businessman and former Chairman and CEO of BP
- Robert Lawrence Kuhn (SF '80), China expert, corporate strategist, and public intellectual
- Nabiel Makarim (SF '85), former Minister of Environment of Indonesia
- Alan Mulally (SF '82), former President and CEO of Ford Motor Company
- Abdullatif bin Ahmed Al Othman (SF '98), Governor of Saudi Arabia's General Investment Authority (SAGIA)
- Ziad bin Mohammed Al-Shiha (SF'06), CEO of Saudi Electricity Company
- Abdullah Al Saadan (SF'07), Chairman of Saudi Arabia Royal Commission for Jubail and Yanbu
- William A. Porter, co-founder of E*TRADE
- Gerhard Schulmeyer, former President and CEO of Siemens
- Keiji Tachikawa (SF '78), President of the Japan Aerospace Exploration Agency
- John W. Thompson (SF '83), Chairman of Symantec
- Ronald L. Turner, former Chairman, President, and CEO of Ceridian
- Ron Williams (SF '84), CEO and Chairman of Aetna
Notable Stanford MSx (Sloan Fellows) alumni include:
- William Amelio (MS '89), President and CEO, Lenovo Group (China)
- Scott Brady (MS '00), founder and CEO, Fiber Tower and Slice (US)
- Lord John Browne of Madingley (MS '81), Chairman and CEO of BP, Member of the British House of Lords (UK)
- Dr. Ching-Chu Chang, Chairman, Vanguard International Semiconductor Corporation (Taiwan)
- Lars Daalgard (MS '99), Founder and CEO, SuccessFactors, Partner at Andreessen Horowitz (US)
- Sir Howard Davies (MS '80), Director, London School of Economics, and Deputy Governor, Bank of England (UK)
- Paul Deneve (MS '10), CEO, Yves Saint Laurent (France)
- Jean-Pierre Dupret (MS '80), Chairman, ROVA (Belgium)
- William Easter III (MS '91), Chairman, President and CEO, Duke Energy Field Services (US)
- Teresa Elder (MS '94), CEO, Vodafone Ireland
- Thomas Falk (MS '89), Chairman, President and CEO, Kimberly-Clark (US)
- Farhad Forbes (MS '91), Director, Forbes Marshall Companies (India)
- Dr. Chris Gibson-Smith (MS '85), Chairman, London Stock Exchange (UK)
- Alan Giles (MS '88), CEO, HMV (UK)
- Charles Griffith (MS '84), Managing Director, Arcapita (US)
- Kirk Hawkins (MS '05), Founder and CEO, ICON Aircraft (US)
- Karl Slym (MS), CEO, Tata Motors (UK)
- Brigadier General Lee Hsien Yang (MS '80), CEO, Singtel (Singapore)
- Katsumi Ihara, Executive Deputy President and Group CFO, Sony Corporation (Japan)
- Hon. Regina Ip (MS '87), Secretary for Security, Government of Hong Kong
- Robert Joss (MS '66), CEO, Westpac Bank (Australia), and Dean, Stanford Graduate School of Business (US)
- Sebastien Lepinard (MS '07), Founder and Managing Partner, Next World Group (US)
- Hon. Swee Say Lim (MS '91), Minister for the Environment, Singapore
- Dagfinn Lunde (MS '82), Chairman and CEO, DVB Nedship Bank (Netherlands)
- Sir Deryck Maughan (MS '78), Managing Director and Chairman, KKR Asia, former CEO of Citigroup International (US)
- Sir Callum McCarthy (MS '82), Chairman, Financial Services Authority (UK)
- Hank McKinnell (MS '68), Chairman and CEO, Pfizer (US)
- Philip Murtaugh (MS '85), Chairman and CEO, General Motors China
- Daniel Novegil (MS '84), CEO, Ternium (Argentina)
- Roger Pedder (1973), Chairman, C. & J. Clark Shoes (UK)
- John Robert Porter (MS '81), Chairman, Telos Group (Belgium)
- Mark Pigott (MS '95), Chairman and CEO, Paccar (US)
- Bernhard Josef Pleschko, Chairman and Managing Director, Swarovski (Austria)
- Barry Rand (MS '72), CEO of AARP (US)
- William Shaw (MS '08), Founder and CCO, VivaColombia Airlines (Colombia)
- Kazuomi Kaneto (MS '08), Founder and CEO, Pacifico Energy K.K. (Japan)
- Frank Shrontz (1970), Chairman, Boeing (US)
- George Watkins (MS '85), Chairman and Managing Director, ConocoPhillips (UK)
- Ray Webster (MS '88), Chairman, EasyJet (US)
- Peter Ziebelman (MS '87), Co-founder, Palo Alto Venture Partners (US)
- Michael Cagney, CEO of SoFi [22]
- Theodore Roosevelt V(MS '15), Co-Founder Redwood Grove Capital (US)
Notable London Business School (Sloan Fellows) alumni include:
- Mark Abell SLN97 Imparta MD
- Seyi Ajibola SLN2007 CEO, Zircon Marine Limited
- Richard Allen SLN2000 Founder & CFO, 101Elements Pte Ltd
- Michael Berman SLN13 Chairman Actix
- Philip Blackwell SLN96 CEO Blackwell Ventures ; CEO at Scholium Group Plc
- Richard Boggis-Rolfe SLN13 Executive Chairman, Odgers, Ray & Berndtson
- Paul Boissier SLN2000 Chief Executive, Royal National Lifeboat Institution, Former CB Deputy Commander-in-Chief, British Navy Maritime Forces
- Andreas Bos SLN2011 Founder, Deviehl
- Marcelo Bravo SLN2000 Founder, CTO, Oxford Pharmascience Group plc
- Kevin Burke SLN10 Chairman, Vanguard Petroleum
- Malcolm Butler SLN2006 Partner, Chief Operating Officer, COMAC Capital LLP
- Justin Cadbury SLN14 Chief Executive, Data Broadcasting International Ltd; now enterprise
- Kristen Cardinal SLN2011 Director of Global Development, RIKEN Brain Science Institute
- Eileen Carr SLN97 NED Talvivaara Mining Co plc.; CFO roles global mining sector
- Alain Castro SLN2002 CEO, Ener-Core Power
- Peter Christiensen SLN96 CEO Precious Media Ltd
- Carla Cico SLN25 Former CEO Brasil Telecom
- Tony Cohen SLN20 CEO Fremantle Media to 2012
- Mary Curnock-Cook, OBE SLN2002 Chief Executive Universities & Colleges Admissions Service
- Peter Daresbury SLN12 NEC De Vere Group; CEO Nasstar plc
- Paul Dezelsky SLN24 Former President APAC, HMV current investment/advisory
- Neil Dhar SLN2005 Executive Vice President, Energy Coal and Carbon Complex, Noble Group
- Olivia Dickson SLN2005 NED AON
- Barbara Domayne Hayman SLN2000 Entrepreneur-in-residence' at the Stevenage Bioscience Catalyst
- Hendrik du Toit SLN97 CEO, Investec Asset Management Limited
- John Dyfrig SLN15 Non-Executive Director of Lloyds Banking Group, Former CEO of HSBC Bank
- Jitesh Gadhia SLN2000 Senior Advisor, Blackstone Group
- Wael Ghanayem SLN2012 Chief Finance and Operating Officer, Zain Iraq
- Judy Gibbons SLN2010 Non-Executive Director, Guardian Group, Accel Partners; NED Michael Kors
- John Haddon SLN2011 CEO, Tang Investments LLC
- Tom Hawkins SLN2003 CFO, Talis Group
- Adrian Hennah SLN21 CFO Reckitt Benckiser
- Amjad Hussain SLN2002 Executive Director, Jacobs UK formerly Controller of the Nav
- Richard Hytner SLN2003 Deputy Chairman Worldwide, Saatch & Saatchi
- Rowena Ironside SLN2002 Chair, Women on Boards; NEDs CTO/CFO roles
- Jeff Lyons SLN2001 CEO, Infinitesima Ltd
- Hugh Mackay SLN2000 CEO Europa Oil & Gas (Holdings) Plc
- David Neil-Gallacher SLN14 Acting Secretary General, British Water
- Etsuji Otsuka SLN2008 Co-founder & CIO, TRUIM Partners Co., Ltd.
- Frederick Pakis SLN12 Co-Founder and Co-CEO, JDA Software, Inc.
- Mahesh Ramachandran SLN2005 MD, Commonwealth Inclusive Growth Services Ltd and General Partner, Pontaq Innovation Fund.
- Jacque Rozenvaig SLN96 Director General,Tecban
- Tim Stephenson SLN20 "Chairman of Johnson Matthey plc.
- Jonathan Strauss SLN2011 Founder, Deviehl
- Scott Sunderman SLN2002 Group Chief Executive Officer, Healix International
- Paula Sussex SLN94 CEO Charity Commission
- Rob van Basten Batenburg SLN2001 "Managing Director, Marwind Group
- Alain Vertes SLN2004 Managing Director, NxR Biotechnologies
- Andrew Webb SLN2000 MD, Solaraid
- Vijay Ghadge SLN2011 COO, gojavas.com
- Nnenna Okoro SLN2011 VP/Deputy General Manager, Stanbic IBTC (a subsidiary of Standard Bank of South Africa)
References
- ^ Stanford Graduate School of Business. "Stanford Sloan Master's Program". Stanford University. Retrieved 9 August 2012.
{{cite web}}
:|last=
has generic name (help) - ^ Stanford GSB. "The Sloan Program at 50". Stanford GSB. Retrieved 2 January 2013.
- ^ London Business School. "Sloan Masters in Leadership and Strategy". London Business School. Retrieved 9 August 2012.
{{cite web}}
:|last=
has generic name (help) - ^ London Business School. "Sloan 40th anniversary". London Business School. Retrieved 2 January 2013.
{{cite web}}
:|last=
has generic name (help) - ^ Stanford renames Sloan Master's Program - http://www.gsb.stanford.edu/news/headlines/redesigned-sloan-masters-curriculum-named-stanford-msx-program-experienced-leaders
- ^ [1] Archived June 20, 2010, at the Wayback Machine
- ^ International Study Trip
- ^ [2] Archived June 22, 2007, at the Wayback Machine
- ^ a b "MIT Sloan Fellows Admissions Criteria". Retrieved 2 January 2013.
- ^ "Stanford Sloan Eligibility". Retrieved 2 January 2013.
- ^ "Who is the Sloan programme designed for?". Retrieved 2 January 2013.
- ^ "MIT Sloan Fellows - Program brochure" (PDF). Retrieved 2 January 2013.
- ^ a b c "Stanford Sloan Class of 2013 Profile". Retrieved 2 January 2013.
- ^ a b c "LBS Sloan Masters - Class of 2012 Profile" (PDF). Retrieved 2 January 2013.
- ^ "MIT Sloan Fellows - Class of 2013". Retrieved 2 January 2013.
- ^ "MIT Sloan Fellows - Program Expenses". Retrieved 7 June 2014.
- ^ "Stanford Sloan Cost of Attendance for the 2014". Retrieved 7 June 2014.
- ^ "LBS Sloan Masters - Fees and financing". Retrieved 7 June 2014.
- ^ "MIT Sloan Fellows - Degree and research options". Retrieved 2 January 2013.
- ^ "Stanford Sloan". Retrieved 2 January 2013.
- ^ "LBS Sloan Masters". Retrieved 2 January 2013.
- ^ https://www.crunchbase.com/person/michael-cagney#/entity
Further reading
- Wikipedia list of prominent Sloan Fellows
- MIT Sloan Fellows Program in Innovation & Global Leadership
- Stanford Sloan Master's Program
- Sloan Fellowship MSc at London Business School
- Interview with Stephen Sacca, MIT SF '90 and Director of the MIT Sloan Fellow Program, Aug 3rd 2010
- Blog about Stanford Sloan Fellows Program
- Facebook Page about the MIT SF Program
- Linkedin Sloan Fellows Group
- FT.com March 19, 2012 article on the Sloan Fellows Program: "A degree of choice for the older and wiser student"
- Nanyang Fellows
- Google+ Profile for MIT Sloan Fellows Program