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University of Miami MBAs to Help Businesses Cash in on Quality Management; Lean Six Sigma Internship Program Invites New Projects for 2008 - 2009

October 29, 2008
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The University of Miami School of Business Administration is accepting applications from Miami-area businesses to participate in a highly successful MBA internship program that has helped companies realize significant cost savings through quality management, specifically Lean Six Sigma management. The Lean Six Sigma MBA Internship Program, sponsored by the School’s Institute for the Study of Quality of Manufacturing and Service, provides firms with a team of MBA students and faculty who work on 20-week Six Sigma “process improvement” or “process design” projects. Past projects, which have focused on improvements ranging from cutting account receivables to reducing product defects, have saved firms hundreds of thousands, even millions of dollars.

“This program provides firms with the expertise of the very best and most qualified MBA interns who are closely supervised by a Six Sigma Master Black Belt certified instructor every step of the way,” said Howard Gitlow, professor of management science and executive director of the School’s Institute for the Study of Quality of Manufacturing and Service. “The projects typically return $200,000 to $400,000 in cost savings - often more - for participating firms, which then have the opportunity to hire the interns when they graduate.”

Six Sigma is a management style that rigorously and relentlessly promotes the elimination of waste and reduction of variation in all critical processes that impact the bottom line and increase customer and employee satisfaction. Six Sigma is well established in the manufacturing, service and military sectors, and is becoming increasingly popular in health care and government. The University of Miami MBA internship program enables firms to carry out cost-saving Six Sigma projects at about one-third the cost of other available options.

Each MBA internship project includes 400 to 500 hours of work by two MBA students studying for Lean Six Sigma Green Belt certification, 100 to 125 hours of work by a Master Black Belt supervisor, and 20 to 40 hours of time by Gitlow, also a Lean Six Sigma Master Black Belt. The teams are responsible for setting the objectives for the project, reviewing appropriate literature, collecting and analyzing all relevant data and providing recommendations to the client. All steps are carried out following the Six Sigma DMAIC or DMADV models.

For more information, please contact Alex Pons, Director of the School’s Sanford L. Ziff Graduate Career Services Center at apons@miami.edu or 305-284-6905.
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