Category Archives: School News

Stanford GSB Names New Asst. Dean of MBA Admissions

The Stanford Graduate School of Business has named Kirsten Moss as the new Assistant Dean and Director of MBA Admissions and Financial Aid. In this role, Moss will oversee and manage Stanford GSB’s admissions and financial …

The Stanford Graduate School of Business has named Kirsten Moss as the new Assistant Dean and Director of MBA Admissions and Financial Aid. In this role, Moss will oversee and manage Stanford GSB’s admissions and financial aid team and map out a vision for reaching, recruiting and selecting top MBA candidates.

Moss previously served in several roles within the Stanford GSB MBA Admissions team, including Director of MBA Admissions and Associate Director of Evaluation. During her tenure, Moss managed the evaluation, marketing and operations teams and developed a new approach to assessing leadership capability.

Prior to joining Stanford GSB, Moss worked at Harvard Business School as Managing Director, MBA Admissions and Financial Aid. Moss has also held positions in corporate consulting and finance.

“Kirsten has deep experience in admissions and leadership talent evaluation both inside and outside Stanford GSB,” says Senior Academic Dean Yossi Feinberg, who chaired the selection process. “Throughout our search process, Kirsten demonstrated her expertise and commitment to helping Stanford GSB continue to attract and develop the future leaders of tomorrow. I have every confidence that Kirsten will continue the MBA’s strong trajectory.”

Moss succeeds Derrick Bolton, who served as Assistant Dean for MBA Admissions and Financial Aid for 15 years before accepting a new position in September 2016 as Dean of Admissions for Stanford’s Knight-Hennessy Scholars Program.

“Kirsten has a strong understanding of our school’s vision and immediately impressed us with her ideas for connecting with the next generation of students making a positive, measurable difference in the world,” says Jonathan Levin, Philip H. Knight Professor and Dean of Stanford GSB. “Kirsten brings a wealth of knowledge and experience—from top-tier MBA admissions programs to business consulting—and will provide fresh insight as we achieve new levels of excellence.”

“Stanford GSB has a rich legacy of equipping students with the tools necessary to create change—individually, within organizations and throughout the world,” says Moss. “I’m thrilled to join the team in this new capacity as we work together to cultivate the next generation of leaders poised to make an impact.”

Moss earned a Bachelor of Arts degree from Harvard University, an MBA from Harvard Business School, and is currently pursuing a Doctorate of Psychology from William James College.

Moss’s appointment will begin June 1.

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New Degree Program in Business Analytics at UCLA Anderson

UCLA’s Anderson School of Management has launched a new academic degree program, the Master of Science in Business Analytics (MSBA), beginning in the fall. Through innovative curriculum designed specifically for this 13-month program, students will be …

UCLA’s Anderson School of Management has launched a new academic degree program, the Master of Science in Business Analytics (MSBA), beginning in the fall. Through innovative curriculum designed specifically for this 13-month program, students will be prepared to extract business insights from the vast data available in the global marketplace.

“Today’s most innovative companies deal with a phenomenal amount of digital information that informs every aspect of an organization’s operations, from marketing and sales to customer base and market opportunities,” says UCLA Anderson Dean Judy. D. Olian.

The demand for talent that can make sense of the data and extract insights and advantages is at a premium today, Olian says.

The 2017 Big Data Executive Survey by NewVantage Partners found that 85% of Fortune 500 companies have either launched big data projects or are planning to do so. McKinsey Global Institute estimates that by 2018, the U.S. could face a shortage of 140,000 to 190,000 workers with deep analytical skills, and a potential shortfall of 1.5 million “data-savvy” managers and analysts.

With such market demands as a backdrop, the UCLA Anderson MSBA program combines theory and application in a number of critical areas, beginning with deep understanding of mathematics, statistics, programming and data management, then moving on to specific applications of business analytics that include customer analytics, operations analytics and competitive analytics.

Whether in health care, consumer products, sports and entertainment or information services, data analytics are a vital necessity to maintain market positions and to innovate.

Courses will be taught by members of Anderson’s faculty and other experts, who will infuse the classroom experience with the latest research and with their own experience from consulting with industry. UCLA Anderson is also home to the Morrison Family Center for Marketing Studies and Data Analytics, which will support the new degree program.

“Our MSBA program provides students with a first-rate academic experience that meshes a technically focused and rigorous experience with action learning, internships and field study projects,” says Associate Professor of Decisions, Operations and Technology Management Felipe Caro, the faculty director of the new degree program.

“Those who graduate from the program will be ready to take on the urgent challenges companies face when attempting to exploit the implications of their data.”

Applications will become available in late March.

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New Podcast from Michigan Ross MBA Students

If you want to know what MBA students at the University of Michigan Ross School of Business have on their minds, don’t miss the student-launched Business Beyond Usual podcast. Director of MBA Admissions Soojin Kwon highlighted the show in …

If you want to know what MBA students at the University of Michigan Ross School of Business have on their minds, don’t miss the student-launched Business Beyond Usual podcast.
Ross MBA student podcast

Director of MBA Admissions Soojin Kwon highlighted the show in her recent blog post, noting that Business Beyond Usual “features a student host talking with fellow students about top of mind topics like rankings, the role of business in society, tech boom for MBAs, making a difference, how to prepare for your MBA, and women in business.”

Those considering applying to business school in the fall may want to check out this podcast that takes a deep dive into business school rankings, or this one that tells you how to prepare for business school. And if you’re awaiting an interview at Ross, you won’t go wrong by taking a listen to any of these episodes beforehand to spark some conversation gems to discuss further with your interviewer.

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MAP Course at Ross Celebrates 25 Years of Hands-On Learning
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Meet Madhav Rajan, New Dean of Chicago Booth

The Chicago Booth School of Business announced today that Madhav Rajan, former senior associate dean at Stanford’s Graduate School of Business, has been appointed the next dean, effective July 1, 2017. Rajan served as senior …

Chicago Booth Dean Madhav RajanThe Chicago Booth School of Business announced today that Madhav Rajan, former senior associate dean at Stanford’s Graduate School of Business, has been appointed the next dean, effective July 1, 2017.

Rajan served as senior associate dean for academic affairs at the Stanford GSB from 2010 to 2016. That role included leadership of Stanford’s MBA program, with oversight of admissions, curriculum, the student experience and career management. He launched new joint-degree programs with Stanford’s engineering school and rolled out initiatives for tighter integration with the rest of the university.

“We sought the most outstanding candidate whose values, ambition and abilities fully comport with the distinctiveness of Chicago Booth as one of methodological rigor in its research and education, and through that commitment one of high impact on the world,” President Robert J. Zimmer and Provost Daniel Diermeier wrote in announcing the appointment. “We are confident that Madhav will be an outstanding leader for Chicago Booth in the coming years.”

“The values I have in research and education are deeply valued at Chicago Booth,” Rajan said. “People come here to do rigorous, empirically based research and analysis, which provides the basis for a transformative student experience and an extremely effective MBA curriculum. We have an exciting opportunity to take Booth’s deep strengths and leverage them here and around the world. I am thrilled to have the chance to be dean at what is unquestionably the greatest academic business school.”

Rajan’s primary research interest is the economics-based analysis of management accounting issues, especially as they relate to the choice of internal control and performance systems in firms. He served as editor of The Accounting Review from 2002 to 2008 and is co-author of Cost Accounting: A Managerial Emphasis, the leading cost accounting textbook used around the world.

In 2000, Rajan won the David W. Hauck Award, the highest undergraduate teaching award at the University of Pennsylvania’s Wharton School. This April he will receive the Robert T. Davis Award for lifetime service and achievement, the highest faculty recognition awarded by the Stanford Graduate School of Business.

Rajan completed his bachelor’s degree at the University of Madras, India. He holds a PhD and two master’s degrees from Carnegie Mellon University. Before going to Stanford in 2001, Rajan held faculty positions at the Wharton School. He held a visiting professorship at Chicago Booth in 2007-08.

Rajan succeeds former Dean Sunil Kumar, who was named provost of Johns Hopkins University in July 2016. His appointment follows a national search informed by a Booth faculty committee.

Image courtesy of Stanford Graduate School of Business

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MAP Course at Michigan Ross Celebrates 25 Years of Hands-On Learning

This week, the University of Michigan’s Ross School of Business kicks off its annual Multidisciplinary Action Projects (MAP) program, which embeds teams of students into a company or nonprofit to enhance their leadership skills and …

MAP course at Michigan Ross

This week, the University of Michigan’s Ross School of Business kicks off its annual Multidisciplinary Action Projects (MAP) program, which embeds teams of students into a company or nonprofit to enhance their leadership skills and apply concepts from the classroom to real life business challenges.

Now in its 25th year, the entire class of 400 first-year full-time MBA students will embark on a seven-week project, spending time in the field and traveling to meet with executives on-site to tackle complex problems or uncover new opportunities for their sponsor organization. MAP student teams undertake a variety of projects, including evaluating market entry opportunities, developing long-term strategic plans and analyzing branding efforts.

To celebrate this important milestone in hands-on learning, the team at Michigan Ross has come up with a list of 25 things that make the MAP course unique and impactful learning experience.

  1. MAP is the longest such hands-on learning program, sending our entire class of first-year MBAs out into the field for seven weeks during the winter semester.
  2. It’s also one of the biggest.
  3. This year, students will be working on 83 simultaneous projects, while working with 74 different companies and organizations.
  4. These projects are with some of the biggest, most influential companies on the planet(Amazon, Google, Microsoft);
  5. with some of the most impactful nonprofits (Make-a-Wish, CARE International, Ocean Conservancy);
  6. and with some of the most promising startups (Vayu, Jeevtronics, VerseAI).
  7. Students will work hand-in-hand with the organization’s executives, gaining firsthand insights into business operations and expanding their networks.
  8. Companies often implement student suggestions, giving our MBAs incredible new resume credentials.
  9. And setting them up for success on day one of their summer internship.
  10. MAP is a unique opportunity to explore the global world of business in an entirely immersive way.
  11. Nearly 70-percent of MAP students will be participating in a project outside of their home country this year.
  12. Projects are taking place in 115 cities and 25 countries around the globe.
  13. There will be teams of Michigan Ross MBAs on almost every continent.
  14. Projects are taking place in six countries in Africa (Egypt, Ghana, Kenya, Malawi, South Africa, Tanzania);
  15. in seven countries in Asia (Cambodia, China, India, Israel, Japan, Nepal, Vietnam);
  16. in four countries in Europe (Finland, Germany, Ireland, United Kingdom);
  17. in four countries in South America (Brazil, Chile, Costa Rica, Peru);
  18. and in four countries in North America (Canada, USA, Mexico, Jamaica).
  19. This is the first time MAP students will be working in Nepal. They will be helping a company there develop financial models that can end the use of slave labor in the brick industry.
  20. MAP projects give students a chance to choose which industry they want to experience.
  21. From finance and technology to healthcare and marketing, many students choose to work in an entirely new industry than their previous job in order to build important new skills.
  22. MAP has already impacted an entire generation of business leaders.
  23. In 25 years, 10,852 Full-Time MBA Ross students have participated in MAP.
  24. They’ve worked with 1,391 sponsor companies, helping them solve some of their most pressing challenges.
  25. And the best part is, MAP is just getting started.

Although initially associated exclusively with the Ross Full-Time MBA Program, in recent years MAP has expanded to include other Ross degree programs. Global, Weekend, Evening, and Executive MBA students participate in projects similar in scope to the Full-Time cohort.

MAP Course Michigan Ross

Highlights of this year’s Full-Time MBA Ross MAP projects include:

  • A project with Java House, a chain of 44 coffee shops throughout Africa, where students will be working to provide a roadmap to help the company successfully enter the Tanzanian market.
  • A project with luxury brand, Shinola, where students will assist the company in developing new product categories.
  • A strategy project with GE Power in India, where students will help develop a framework for bringing new products and services to emerging markets.
  • Nineteen different technology projects, including one with Hotels.com, in which students will be developing a portal for sharing consumer research, and one with Microsoft, where students will investigate collaborations between universities and tech companies.
  • Several healthcare projects, including one with Jeevetronics, a medical device startup in India asking students to help them bring it’s affordable, innovative hand-cranked defibrillator to new markets.

For the next seven weeks, Ross students will be sharing their experiences on Instagram using the tag #RossMAP. The school encourages anyone interested to follow along and see the MAP experience through their eyes by following @MichiganRoss.

Image credit: Michigan Ross School of Business (CC BY-NC 2.0)

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Haas School Receives Largest Gift Ever from Alumnus Under 40

UC Berkeley’s Haas School of Business announced it has received the largest gift made by an alumnus under the age of 40—Kevin Chou, the 36-year-old founding CEO of mobile gaming firm Kabam, and his wife, Dr. …

new building at berkeley haasUC Berkeley’s Haas School of Business announced it has received the largest gift made by an alumnus under the age of 40Kevin Chou, the 36-year-old founding CEO of mobile gaming firm Kabam, and his wife, Dr. Connie Chen, have pledged $15 million, with two potential step-ups of $5 million or $10 million at the end of five years.

In recognition of the gift, the school will name its new, state-of-the-art academic building opening later this year, seen in the above rendering, Connie & Kevin Chou Hall.

After graduating with his bachelor’s degree from Berkeley-Haas in 2002, Chou co-founded Kabam along with two fellow Berkeley alumni. Late last year, he sold the majority of Kabam’s assets to South Korea’s Netmarble Games Corp. in an $800 million deal, according to the Wall Street Journal.

Chou says it is important to him to give back to the school early in his career to inspire current and future Haas students to become entrepreneurs.

“Beyond Yourself is a principle that really resonates with me today,” says Chou, citing one of the four Haas Defining Principles. “I’m excited to be able to do this at this point in my career because I get to spend time with students and with Haas professors and other administrators, collaborating and helping them think about the new student space and the program.”

Chou is one of 176 Berkeley entrepreneurs who have signed the Berkeley Founders’ Pledge, a personal, non-binding pledge to give a portion of the value of their venture to support the university’s schools and programs, if and when they have a liquidity event.

The couple says their gift is also a testament to their support for UC Berkeley’s role in providing world-class public education to students of all backgrounds.

“We believe that diversity is so important in terms of shaping future leaders. We’re excited about bringing together students of all backgrounds—not just business students—to formulate ideas that will improve the world,” says Chen, 29, a practicing physician and co-founder of Vida Health, a venture-backed startup providing health coaching and programming.

Dean Rich Lyons calls the Chou and Chen gift transformative for Berkeley-Haas, noting that, “What makes this gift so special is that these are two people in their 30s—an extraordinary time in life to be making a commitment to an institution that Kevin says has had so much of an impact on his life. Their donation is going to have a catalytic effect on generations of donors to come.”

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