Category Archives: School News
October 12, 2016
The Harvard Life Lab, poised to open in November, is the newest addition to the growing portfolio of innovation facilities at Harvard Business School. Made possible by a gift from HBS alumni Judy and Steve Pagliuca, the …
The Harvard Life Lab, poised to open in November, is the newest addition to the growing portfolio of innovation facilities at Harvard Business School. Made possible by a gift from HBS alumni Judy and Steve Pagliuca, the lab will connect students and alumni interested in biotech, pharma, and other life sciences-related fields with a fully equipped wet lab environment and the resources they need to take their ventures to the next stage of development.
Building on the success of the Harvard Innovation Lab (i-lab), the Harvard Launch Lab, and the One Harvard mission, the Life Lab offers shared space for high-potential life sciences and biotech startups founded by Harvard faculty, alumni, students, and postdoctoral scholars.
Over the past five years the i-lab has attracted students and faculty from across the university, some of whom want to pursue ideas in the life sciences that require wet lab facilities. Wet labs are laboratories that test chemicals, drugs or other materials that require direct ventilation and specialized accommodations.
The Life Lab will contribute to building a thriving start-up community in Allston by seeding the campus with early stage scientific ventures. Together with the i-lab and Launch Lab, the Life Lab will foster the cross-disciplinary approach to entrepreneurship that will enable deeper impact and outcomes, and will reinforce President Drew Faust’s vision of One Harvard.
“The Life Lab is a vital building block in Harvard’s efforts to create an innovation hub in Allston that encourages our students and faculty to explore and nurture ideas that lead to new knowledge, new products, new services and perhaps even new industries,” says Faust.
The 15,000-square-foot facility will have fully equipped and permitted laboratory and office space for early-stage companies. The Life Lab will house approximately 20 ventures at a time, and typically would comprise two to five individuals who demonstrate expertise in the technology/science, as well as an understanding of the commercial/market need, and a vision for how they will build a viable business. The ventures represent eight different Harvard schools and nearly 50% have a female founder.
“We hope by building community we will accelerate their development and increase their likelihood of future success and ultimate impact on the world,” says Jodi Goldstein, Managing Director of the Harvard Innovation Labs, who notes that the inaugural teams reflect the breadth and diversity of Harvard representing the One Harvard, cross disciplinary approach to innovation that builds community and connection among the ventures.
“We believe innovation in the life sciences is critically important to the future of our region from an economic standpoint and equally important to all of our futures in its potential to solve complex health problems,” says Steve Pagliuca.
“We are thrilled to be able to contribute to the innovation movement at Harvard and we are excited at the potential of the ideas that will emerge from this new space,” added Judy Pagliuca.
Image via Harvard Business School
October 5, 2016
As part of its mission to educate business leaders to solve society’s most pressing problems, the Stanford Graduate School of Business announced it has established a fellowship to provide financial support for up to three students with …
As part of its mission to educate business leaders to solve society’s most pressing problems, the Stanford Graduate School of Business announced it has established a fellowship to provide financial support for up to three students with a passion for generating economic development in underserved regions of the country. In its inaugural year, the Stanford USA MBA Fellowship will focus specifically on the Midwest.
Students applying to the Stanford MBA Program in the first of two rounds in the 2016-2017 academic year will be able to apply for the fellowship. Up to three applicants will be selected to receive up to $160,000 over two academic years to cover tuition and associated fees.
Selection will be evaluated on the basis of general Stanford MBA admission criteria, as well as Fellowship-specific criteria. Applicants must demonstrate both financial necessity and strong ties to at least one of 12 Midwestern states.
Within two years of graduation, the three Fellows will be required to return to the Midwest to work in a professional capacity for at least two years to help contribute to the region’s economic vitality.
To be eligible for the fellowship program, students must be U.S. citizens or permanent residents. Those with dual citizenship must also be citizens of the United States. Candidates will demonstrate strong connections and a commitment to improve the economic development of at least one of the following states: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin.
Defining what’s considered a strong connection to the Midwest includes current residency in one of those states, prior residency for a minimum of three consecutive years in one of those states, or having graduated from high school in the Midwest. Other experiences demonstrating a commitment to the region could also be considered.
Applicants will supply information about their income and assets, including copies of tax returns. Once admitted to the MBA program, Stanford will assess the financial needs of students based on the information provided during the financial aid application process.
Applicants must apply in Round 1, or Round 2 by January 10, 2017. Candidates for Stanford’s MBA program must indicate their interest in the fellowship on their application. Fellows will be selected by May 2017.
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Image credit: Flickr user Carl Wycoff (CC BY 2.0)
September 30, 2016
Nearly two years after breaking ground on its $220 million, state-of-the-art education center known as the Global Hub, Kellogg School of Management has confirmed that the 410,000 square-foot facility is inching toward completion and on track …
Nearly two years after breaking ground on its $220 million, state-of-the-art education center known as the Global Hub, Kellogg School of Management has confirmed that the 410,000 square-foot facility is inching toward completion and on track for an early 2017 inauguration.
The school also reported this week that a gift of $10 million by the Christopher B. Galvin Family Foundation has catapulted Kellogg School of Management’s Transforming Together campaign past $300 million, toward its $350 million goal.
The Galvin gift also pushed Northwestern University past the $3 billion mark in its “We Will” campaign. In honor of his notable contribution, the school will name the Global Hub’s new Design Wing along with a conference center within the wing after the Galvin Family.
“This is an opportunity to give back,” says Christopher B. Galvin ’77, former chairman and CEO of Motorola Inc. “Kellogg played an important role in my career, especially in my post-Motorola investing and business management.” Several members of the Galvin family have also received degrees from Northwestern.
“The Galvin family’s gift is testimony to their profound and lasting commitment to Kellogg ideals,” said Kellogg Dean Sally Blount when announcing the news. “It is an especially fitting tribute that the Design Wing will be named for them. The Galvins are a family of innovators, entrepreneurs, and investors, and the new space will invite tomorrow’s business leaders to work together to solve relevant, real-world issues in new ways. We are so grateful for their support.”
Special features of Kellogg’s new home include flexible classrooms and common spaces that can accommodate any teaching style or requirement. Office layout and locations will promote cross-functional connection and collaboration, and its emphasis on green technology and energy conservation ensures the building’s long-term sustainability and efficiency.
The Global Hub offers many capabilities and amenities, the most unique being the flexibility of its classrooms and communal spaces. Each classroom can become flat, tiered, divided or expanded to meet the varied goals of faculty year after year.
“We designed a building that’s adaptable so that as technology and programs change in the future, the building can adapt with those needs,” said Leann Paul, Kellogg’s lead project manager for the building.
As Dean Blount said at the groundbreaking ceremony, the Global Hub promises to “set a standard for how we teach at Kellogg.” I’m thrilled to see this transformation of the Kellogg campus and cannot wait to visit my alma mater again once the doors officially open.
September 14, 2016
Cornell University’s Samuel Johnson Graduate School of Management and the Weill Cornell Graduate School of Medical Sciences have announced a new dual-degree program that will provide the next generation of health care leaders with a broad set …
Cornell University’s Samuel Johnson Graduate School of Management and the Weill Cornell Graduate School of Medical Sciences have announced a new dual-degree program that will provide the next generation of health care leaders with a broad set of skills for success in a rapidly changing environment.
The program will focus on health care throughout the United States, in particular health care systems that are experiencing vast changes in structure, payment and regulatory requirements.
Designed to satisfy the evolving professional needs of the U.S. health care industry, the program will educate leaders of academic medical centers, community hospitals, large group multi-specialty or single-specialty practices, health insurers, health care consultants, pharmaceutical professionals and health care innovators, among others.
“Succeeding in today’s rapidly changing health care market requires an advanced understanding of business management, health care economics and health care policy,” says Johnson Dean Mark Nelson. “We’ve developed this program to meet these critical needs.”
Students participating in the two-year Executive MBA/M.S. Healthcare Leadership program will receive a Master of Science degree from the Weill Cornell Graduate School of Medical Sciences and an MBA from Johnson.
The program will begin accepting applications in October for fall of 2017. Applicants will be evaluated on their academic record, communication and leadership skills, management experience, career progression, health care area of expertise, experience in research or evaluation, and ethical values in health care.
Strong candidates for the program should be able to clearly articulate their career goals, add a unique perspective to the classroom environment, be willing and able to work effectively in teams and show a demonstrated ability to master quantitative material.
Enrolled students will take all core courses required for each of the degrees and have an opportunity to take specialized electives. Courses will cover such topics as managing and leading organizations, managerial finance, health policy, health informatics and business strategy.
Students will meet in Weill Cornell Medicine facilities in New York City and will participate in two weeklong residential sessions during each of the program’s two years – one in the spring in the New York City area and one on Cornell’s Ithaca campus in the summer.
Students will be required to complete a capstone project intended to help them manage and work with stakeholders in the health care sector. The capstone project is a six-month intensive team engagement with a health care organization facing specific management challenges. At the conclusion of the engagement, the student teams will provide the organizations with a detailed plan recommending strategies for resolving their challenges.
“As our health care landscape continues to evolve, it is increasingly important that we cultivate leaders in the field who can drive national dialogue and spearhead new initiatives in health care policy and delivery,” said Dr. Gary Koretzky, dean of the Weill Cornell Graduate School of Medical Sciences.
“Our unique collaboration with Johnson will equip aspiring health care leaders with a keen grasp of health policy and informatics – specialized skills that will lead to further innovation and ensure that patients receive the finest care at the greatest value.”
September 2, 2016
Here are the upcoming deadlines and essay questions for the 2016-2017 admissions season at HEC Paris. The admissions process at this prestigious European business school operates on on a rolling basis throughout the year and aims to …
Here are the upcoming deadlines and essay questions for the 2016-2017 admissions season at HEC Paris. The admissions process at this prestigious European business school operates on on a rolling basis throughout the year and aims to take applicants through the entire process from submission to decision in five weeks.
Application deadline: September 15, 2016
Decision released: October 21, 2016
Application deadline: October 15, 2016
Decision released: November 18, 2016
Application deadline: November 15, 2016
Decision released: December 16, 2016
Application deadline: January 1, 2017
Decision released: February 8, 2017
Application deadline: February 1, 2017
Decision released: March 13, 2017
Application deadline: March 1, 2017
Decision released: April 10, 2017
Application deadline: April 1, 2017
Decision released: May 11, 2017
Application deadline: May 1, 2017
Decision released: June 8, 2017
Application deadline: June 1, 2017
Decision released: July 11, 2017
HEC Paris encourages applicants to apply sooner should they require on-campus housing or student visas.
Essay 1. Why are you applying to the HEC MBA Program now? What is the professional objective that will guide your career choice after your MBA, and how will the HEC MBA contribute to the achievement of this objective? (500 words max.)
Essay 2. What do you consider your most significant life achievement? (250 words max.)
Essay 3. Leadership and ethics are inevitably intertwined in the business world. Describe a situation in which you have dealt with these issues and how they have influenced you. (250 words max.)
Essay 4. Imagine a life entirely different from the one you now lead, what would it be? (250 words max.)
Essay 5. Please choose from one of the following essays (250 words max):
a) What monument or site would you advise a first-time visitor to your country or city to discover, and why?
b) Certain books, movies or plays have had an international success that you believe to be undeserved. Choose an example and analyse it.
c) What figure do you most admire and why? You may choose from any field (arts, literature, politics, business, etc).
Optional: Is there any additional information you would like to share with us? (900 words max.)
For more information on the full-time MBA program at HEC Paris, please visit the HEC admissions website.
September 1, 2016
In an effort to preserve its unique and close-knit culture, the Yale School of Management has announced it will put the brakes on the ballooning admissions increases it has seen over the past six years and cap the …
In an effort to preserve its unique and close-knit culture, the Yale School of Management has announced it will put the brakes on the ballooning admissions increases it has seen over the past six years and cap the class at around 340 students.
According to the Yale News, the MBA program is 150 percent larger than it was in 2010, going from 238 to 334 students.
In its latest MBA admissions cycle for the incoming class of 2018, which ended this summer, the SOM received 3,649 applications — exactly 200 more than the record-breaking number last year. The school admitted 692 applicants, registering an admissions rate of 19 percent, one of the lowest in its history.
“We are bucking the trend. All the schools have not seen the same increase [in applicants] that we have,” SOM Assistant Dean of Admissions Bruce DelMonico told Yale News. “It is a testimony to all the positive things happening here.”
The school is also touting this year’s very diverse cohort; woman make up 43 percent of the MBA Class of 2018, 46 percent are international students, and 13 percent are from underrepresented ethnic groups.
Also, more than a quarter of the incoming students have a STEM background, which DelMonico calls an unusual case at business schools.
SOM Senior Associate Dean for the MBA Program Anjani Jain attributes the school’s increase in popularity to the fact that employers are becoming more aware of the unique attributes of the Yale MBA, notably its integrated core curriculum, interconnectedness with Yale’s other professional schools, and the Global Network for Advanced Management, founded by SOM Dean Edward Snyder in 2012.
For students and alumni reportedly worried that the SOM’s sudden expansion would have a negative affect on the school’s culture, this plan to cap the class is welcome news.
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