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The University of Texas at El Paso’s College of Business Administration and Fortune 500 company Lockheed Martin have teamed up to create a new academic program that integrates business management practices to better prepare students for the workforce.

Leaders from both entities will participate in a kickoff of the Lockheed Martin Enterprise Resource Planning (ERP) Academy from 10 a.m. to noon Thursday, April 27, in the Business Administration Building lobby. The first cohort of academy students will begin in fall 2017.

This new program will provide UTEP students with curriculum that has workplace relevance, state-of-the-art ERP support and corporate faculty integration, said Robert Nachtmann, DBA, dean of the College of Business Administration.

“We could not be more proud nor more thankful as together, Lockheed and UTEP build the foundation for our students’ futures,” Nachtmann said.

College of Business Administration faculty and Lockheed Martin employees are developing a curriculum that will enable students to earn an ERP academic certificate. This 12-credit program, which will incorporate the world’s leading business software, SAP, will expose students to how enterprisewide information systems support the planning and management of business processes across various departments within an organization.

Along with the academics, the program will feature a speaker series that brings in ERP experts, and chances to tackle real-world ERP applications. Academy participants also may join in site visits, mentorship opportunities, and could be selected for paid internships.

Richard Horvath, Lockheed Martin vice president and controller, said his company was proud to align its resources with UTEP to help develop the next generation of talent. His company, which employs more than 200 University graduates, has a long history of collaborating with UTEP.

“I’m confident the establishment of the academy will allow that number to only increase,” Horvath said.

This is the latest collaboration between the College of Business Administration and industry. The college and ADP started the Human Capital Management Academy in fall 2016 to extend the understanding of theory and practice of human capital management.

The University of Texas at El Paso’s College of Business Administration AACSB accreditation has been reaffirmed.

The accreditation is renewable every five years. Fewer than 5 percent of business schools worldwide have earned the prestigious designation from AACSB, and UTEP’s College of Business Administration is the only AACSB-accredited business school in the El Paso-Juárez region.

The yearlong accreditation review process requires compelling evidence of the college’s innovations, impact and engagement in accordance with the business college’s mission of providing advanced business education for the Paso del Norte region.

“If you went through our accreditation documents, you’d see that this college is specifically concerned about not just the academic growth of its students, but their professional growth and the type of professional and work experiences that they will receive while they’re at this college,” said College of Business Administration Dean Robert Nachtmann, DBA. “Our students not only have academic skills, but they’ve had a breadth of experiences with industry leaders from across the country.”

AACSB is the longest serving global association dedicated to advancing management education worldwide. AACSB accredits 755 of the world’s best business schools across 51 countries and territories.

Eighty-six percent of AACSB-accredited schools say AACSB Accreditation Standards are the most stringent compared to other accreditations they hold.

Author: UTEP