Putting Theory into Practice
The two required, one-week residency experiences are designed to foster valuable interactions with faculty, business leaders, and other students, while offering you a chance to put your newly acquired knowledge into practice. During these residency sessions, you'll share your online group projects with faculty, business professionals, and other students. Through this immediate, practical application of course concepts, you can acquire vital decision-making tools to communicate and develop effective strategies across all functional areas of business. Many students unexpectedly gain new and insightful perspectives into their own operations and put what they learn to work in their current firms.
To review the dates of the iMBA residencies for upcoming fall and spring cohorts, visit our course schedule.
Term 3 Residency Experience:
In the first residency experience, you will work with a prominent U.S. firm and its executives, integrating financial, organizational, cultural, and strategic themes as they dissect the operations of the firm and provide a perspective on future operations. You will travel to the city where the host firm is located to get a hands-on look at the company and its operations. The corporate residency host is determined by the iMBA administration and will be announced during your term. Although it has never happened, the iMBA office has a residency experience prepared in the event that there are scheduling complications with the corporate residency site.
Term 3 residency experiences have been hosted by companies such as:
- Bayer Materials Science
- Michelin North America
- Eaton Corporation
- Pittsburgh Pirates
- Veteran's Hospital (VISN 4)
Executives of host companies for the Term 3 residency describe how they value the experience working with iMBA students.
"We highly value the relationship that we developed with Penn State and the iMBA program. Our participation in the program provided a third-party perspective on our business that will help inform our strategies going forward. Moreover, it introduced us to a talented group of faculty and students who were a pleasure to work with. We hope to continue the relationship."
— Alfred Grasso, president and CEO of The MITRE Corporation
"I am impressed but not surprised with the quality of the program put on by Penn State and their students. It has been a very worthwhile experience and there is no doubt Crane Worldwide Logistics will get great benefit out of partnering with them on their iMBA residency."
— John Magee, president and CEO of Crane Worldwide Logistics
Term 8 Residency Experience:
The second residency experience serves as the capstone requirement of the program and is held at Penn State's University Park campus. In this residency, you can integrate the knowledge and skills attained in all the previous courses to develop and implement strategic plans in an international business simulation. This intensive, week-long event is followed by an awards ceremony, and you are encouraged to participate in the Penn State commencement ceremony on campus that weekend.