Texas Tech’s MBA Programs
The founder of a number of companies, Kenneth “Ken” Goggans has executed a range of valuable business deals. Ken Goggans earned his BBA and MBA from Texas Tech University (TTU). The school’s MBA program ranked among the best in the United States for 2016 in Bloomberg Businessweek’s annual rankings.
TTU’s Rawls College of Business offers specialized MBA programs intended to meet the needs of different students. Graduates of the program acquire the necessary business skills to be successful managers and leaders in their chosen fields.
The STEM MBA is the first of its kind in Texas and one of a handful in the country. It is for undergraduate degree holders with backgrounds in science, technology, engineering, and mathematics, and it can be completed in one year.
The MBA for Working Professionals is intended for those who want to remain fully employed while completing their studies. The program takes around 24 months to complete. Lastly, the MBA/Dual Degree Program enables students to complete an MBA in addition to a second graduate degree.
Mergers and Acquisitions
Experienced entrepreneur Kenneth (“Ken”) Goggans has founded several oil-and-gas-related companies over the years. In 2013, Ken Goggans established a holding company, for the purpose of acquiring a collection of smaller businesses in the oil and gas services industry.
Known by M&A, mergers and acquisitions refer to transactions wherein a larger company purchases a smaller one, thereby obviating the need to expand, finance, or supplement existing operations from the ground up.
In a merger, two businesses combine to form a single, more effective enterprise. This typically results in the smaller of the two organizations relinquishing its name in favor of that of the larger one and a new organizational chart that can accommodate executives of both companies.
By contrast, in an acquisition, a larger company purchases a majority stake in a smaller one. By operating the latter as its own, the larger company can bring its resources to bear to increase the smaller company’s output.