Category Archives: General
February 17, 2014
At first glance, you might think that philosophy has absolutely nothing to with management education. But a recent article published by QS Top MBA points out several instances where the two already overlap, and notes …
At first glance, you might think that philosophy has absolutely nothing to with management education. But a recent article published by QS Top MBA points out several instances where the two already overlap, and notes that philosophy has the potential to greatly enhance business practices. Interesting stuff!
Since the global financial crisis, business schools have addressed the subject of business ethics head-on, which is the most obvious and broad example of an intersection between the two disciplines. Questions about whether companies are too focused on profits at the expense of other social and environmental considerations are rooted in philosophy.
“Philosophy can help articulate the blind-spots of business by looking behind its assumed certainties and theoretical preconditions,” writes Anders Berg Poulsen in his article, Why Future Business Leaders Need Philosophy. “By pondering the questions which are beyond the scope of business, philosophy can broaden the reflectivity-horizon of future business leaders to help them manage complexity and make sound decisions, not only in the purview of good business, but also in accordance with the needs of society.”
Andreas Rasche, who analyzed business school data from The Aspen Institute’s Beyond Grey Pinstripes survey, explains why ethics should be taught as a required course, not as an elective, at business schools: “Whenever a course is an elective, students are all very interested in the subject. But, it is very hard to really get a challenging discussion going because everybody agrees that it is important. You end up preaching to the converted and that’s why I think the biggest challenge is to move it out of the elective zone and more into the core curriculum.”
Philosophy plays a role not only in ethics, but in practical areas such as marketing to consumers, understanding your customer, or coming up with new markets or products. Professor Rasche also believes philosophy can unmask your own blind spots. “I think it is this ‘seeing things in a new light’ which philosophy can deliver.”
Both of these articles offer much food for thought on this subject, and I invite you to read them to see if you too view this intersection of business and philosophy in a new way.
February 14, 2014
The Access MBA Tour, coming soon to North America, has a unique and customized event format the helps you select the right MBA program. One-to-One meetings with Admissions Directors Personalized MBA orientation Interactive MBA conferences …
The Access MBA Tour, coming soon to North America, has a unique and customized event format the helps you select the right MBA program.
- One-to-One meetings with Admissions Directors
- Personalized MBA orientation
- Interactive MBA conferences
- GMAT advising
- Scholarship opportunities
One-to-One MBA Events in North America
New York City:
Thursday, March, 10th
4 p.m. – 9:30 p.m.
The Warwick New York Hotel
Saturday, March, 8th
9:30 a.m. – 3:30 p.m.
The Fairmont Royal York
Monday, March, 10th
4 p.m. – 9:30 p.m.
Hyatt Regency Montreal
Thursday, March, 13th
4 p.m. – 9:30 p.m.
Marriott Pinnacle Downtown Hotel
Here are just a few of the 100 business schools participating in the Access MBA Tour:
University of Victoria Peter B. Gustavson School of Business, Simon Fraser University Beedie School of Business, Western University Ivey Business School, HEC Montréal, McGill University, Queens, Rotman School of Management, HEC Paris, London Business School, INSEAD, University of Chicago Booth, IESE Business School, IE Business School, Northwestern University Kellogg, University of Cambridge, Duke University Fuqua, ESADE Business School, IMD, Chinese University of Hong Kong, Ashridge Business School, Manchester Business School, Rotterdam School of Management, SDA Bocconi, HULT International Business School, Grenoble Ecole de Management, Maastricht School of Management, Henley, EDHEC Business School…
Free and required registration here.
(Places are limited for One-to-One meetings and early registration is recommended!)
February 12, 2014
Harvard Business School‘s recently released annual report notes, among other achievements, that the school received a record-breaking $22 million in unrestricted current use gifts from former students in 2013. This unrestricted funding was crucial in …
Harvard Business School‘s recently released annual report notes, among other achievements, that the school received a record-breaking $22 million in unrestricted current use gifts from former students in 2013.
This unrestricted funding was crucial in allowing the school to expand entrepreneurship programs at the Harvard i-Lab and to pursue other strategic initiatives without drawing on unrestricted reserves, the report reveals.
In addition to expanding entrepreneurship programming, the donations also helped increase the amount of tuition assistance for MBA students. HBS sets MBA tuition and fees at levels that don’t fully recover annual operating expenses, and the shortfall is offset primarily by income and gifts from alumni and friends of the school.
Roughly half of the school’s student body receives fellowship support, and the average amount of aid per student rose three percent in 2013 to $30,725, more than half of the annual tuition bill. First-year MBA tuition in fiscal 2013 was $53,500—near the midpoint among the seven comparable schools tracked by HBS.
The Harvard Business School Campaign, which launches in April, “aims to find new ways to engage with alumni as it seeks to fulfill the School’s mission of making a difference in the world.”
Noting rising operating costs across the school and lower margins at Harvard Business Press and Executive Education, the school anticipates even greater pressure to grow revenue from gifts and endowment distribution in the coming year.
February 7, 2014
Harvard Business School has finally revealed the first subject it will offer as a massive open online course, or MOOC, as they are commonly known. More than 10,000 students have already registered for “Innovating in …
Harvard Business School has finally revealed the first subject it will offer as a massive open online course, or MOOC, as they are commonly known. More than 10,000 students have already registered for “Innovating in Healthcare,” which begins March 31 on HarvardX, the university’s online learning platform.
This course focuses on creating successful global business innovations in health care that can better meet consumer and societal needs. According to the course description, at its end, students should understand how to evaluate opportunities and the elements of viable business models for different kinds of health care innovations.
Bloomberg Businessweek reports it will be the first HarvardX class taught by a dedicated HBS professor, Regina Herzlinger, who was also the first woman to be tenured and chaired at the business school.
A major hurdle of online education—its solitary nature—is one Herzlinger hopes to overcome by integrating something called Project Lever, a “sort of EHarmony for building businesses” into the edX platform.
Project Lever will match students with the best resources for their research projects, and in Herzlinger’s course, students will use Project Lever to connect with classmates whose skills complement theirs, Businessweek explains. Herzlinger’s online students will have to write a business plan in a team of four to seven people connected through Project Lever.
A second major stumbling block in online learning is the attrition rate. Some studies show 95% of students drop out before completing the course. Herzlinger hopes that team-based learning will combat that issue. “When students are on teams, they become much more committed to both each other and the class,” she says.
Plans are underway for Harvard Business School to launch HBX, its own online learning channel, this spring.
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February 6, 2014
The Johnson School of Management at Cornell University has some new information for Round 2 candidates, as well as clarifications related to its upcoming third round deadline on February 12th. Christine Sneva in Johnson MBA …
The Johnson School of Management at Cornell University has some new information for Round 2 candidates, as well as clarifications related to its upcoming third round deadline on February 12th.
Christine Sneva in Johnson MBA admissions says that all Round 2 interview invitations have been issued and scheduled, noting that this round’s interview period is more condensed than usual due to the number of applicants interested in having the full campus visit experience, and classes only resumed two weeks ago.
International applicants can breath easier, knowing that it is now possible for them to apply in Round 3 if they so choose. Sneva says Johnson moved up its deadlines in order to accommodate all applicants, no matter where they hail from. Final decisions in the third round will come in enough time to begin the visa process.
Waitlisted candidates can take advantage of two sessions available to provide insight into how Johnson approaches its waitlist. Adcom member Nichole Grossman will host these sessions, so click on the links to register, as space is limited.
The Johnson School has also eliminated its fourth round in order to align its deadlines with two different matriculation dates for the one-year and two-year programs, Sneva explains.
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