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Meet UIndy Business Professor Terry Schindler

mba students in the library

After working in the consumer electronics industry for close to 33 years, Dr. Terry Schindler had some goals in mind. By the time he turned 55 years of age, he wanted to do three things: teach, run a consulting business, and play golf. Dr. Schindler founded ARTESIAN Training & Consulting in 1997. He shot a 78 for his lowest score on a round of golf. And he is in his 14th year of teaching for the University of Indianapolis.

“I don’t just teach from the book, I can say I’ve been there,” Dr. Schindler explains. “This morning in my HR class, we were Terry Schindler headshottalking about affirmative action plans, for example. I’ve written an affirmative action plan.”

Dr. Schindler’s exposure to the UIndy MBA program began as a student. As an employee at RCA, Schindler was looking to earn an MBA. By this time he had already served in management positions across three functions of the organization. He initially applied for an MBA program at a large school close to where he worked.

“[The school] wouldn’t take me. They went strictly on numbers,” Dr. Schindler says. “I showed the director my resume, but they didn’t care about anything but the numbers.”

Luckily, Dr. Schindler applied at UIndy as well. Even though he had a B- average in undergrad, the School of Business looked at the whole person, and the success he was able to find in the professional world. “Up here, they cared. I ended up having a 10.975 out of 12 GPA,” says Dr. Schindler, who would go on to earn his Ph.D from Kennedy-Western University.

Serving as a faculty member for 14 years has given Dr. Schindler an informed perspective on what makes a UIndy MBA stand out in the market. First, he says that UIndy’s smaller size gives students a more meaningful experience.

“You get to know people by name. You have students who come back and ask you to do things for their company,” Dr. Schindler says. “The relationships you build carry on into when they’re out there in the business world.” For example, he spoke at a team building retreat for the Columbia Club management—the HR manager was one of his students. He worked with his former student—now the director of the Indiana Association for Home and Hospice Care—for two years developing the organization’s strategy.

capstone guidebook

The team member guide for the capstone simulation

MBA 690: Strategic Analysis is the capstone course often taught by Dr. Schindler. Teams of graduate students actually run a business in a simulation program called Capsim. Teams put together a strategic plan using everything they’ve been taught and actually run a (virtual) business.

“They manage production, R&D, marketing and sales, finance, human resources.” Dr. Schindler explains that teams are judged as a real business would be, on factors such as return on assets, return on equity, market share, profit, stock price, and leverage. By competing against other teams, the capstone simulation gives students an experience in the decisions they will need to make in the real world.

Dr. Schindler and his colleagues in the School of Business pride themselves not only on having an average 18 years of professional experience—they also stay current on current business trends. Schindler and other professors come together and do book studies to keep their skillsets sharp and bring new concepts to the classroom. A faculty study of Daniel Pink’s Drive led to an MBA project in which students design their own assessment that meets the criteria of MBA 633: Leading Entrepreneurial Organizations.

Take the first step in learning from experienced professionals like Dr. Schindler. Contact Director of MBA Recruitment Devon Pulliam at 317.788.6206.