Category Archives: School News

Gearing Up for Round 1 at Harvard Business School

With the official end of the 2014-2015 MBA admissions season just over a week away, Harvard Business School‘s Director of Admissions and Financial Aid Dee Leopold previewed what’s ahead for next season’s Round 1 applicants. …

visit HBS before Round 1

With the official end of the 2014-2015 MBA admissions season just over a week away, Harvard Business School‘s Director of Admissions and Financial Aid Dee Leopold previewed what’s ahead for next season’s Round 1 applicants.

One important tip for candidates aiming for the first round is to plan for a campus visit right now, if possible, while there’s still signup availability over the next 10 days. There will be no opportunity to see the famous Case Method in action prior to the September 9th deadline.

Beginning May 8th, on-campus info sessions will take place Monday and Friday at 2 pm with AdCom members with plenty of time for questions, Leopold assures, noting that the calendar will post room locations each week. No advance notice is required.  Also as of May 8th, HBS will conduct campus tours at 1:15 pm on Monday and Friday.

Finally, the director says essay and recommender questions will be posted on May 15th, and the application for Class of 2018 will go live in mid-June. Stay tuned!

You may also be interested in:

Make the Most of Your B-School Campus Visit

Thinking About a Harvard MBA? Plan a Campus Visit!

Posted in General, School News | Tagged , , ,

Georgetown McDonough’s New Global Real Estate Center

Georgetown’s McDonough School of Business recently announced it has received a gift of $10 million from alumnus Robert Steers and his wife Lauren Steers to launch a new center focused on global real estate. Steers …

Georgetown MBA Global Real Estate Center

Georgetown’s McDonough School of Business recently announced it has received a gift of $10 million from alumnus Robert Steers and his wife Lauren Steers to launch a new center focused on global real estate. Steers is the CEO of Cohen & Steers Inc., a pioneering global investment manager and the first investment company to specialize in listed real estate.

This gift will create the Steers Center for Global Real Estate to help students prepare for real estate careers through practical experience with an increasingly international focus. The center will offer one-on-one career planning for students, hands-on learning through a real estate clinic, and a growing focus on global opportunities through consulting projects and career treks.

Georgetown McDonough says it has developed a real estate curriculum that allows MBA students and undergraduates to work on real estate projects and to underwrite live real estate transactions. New courses in real estate equity, real estate debt, negotiations, investment analysis, a real estate clinic, and more will help the school reach its goal of becoming the premier destination for global business education.

“It was important to me to see Georgetown McDonough create a formal real estate center with the financing to be permanent and to think and plan strategically,” says Steers, a 1975 McDonough School of Business graduate. “To be a preeminent school and center, we need to constantly strive to innovate and come up with additional strategies that prospective students and employers look at and say ‘wow, that’s really something special.’”

Posted in General, School News | Tagged , , , , ,

UC Berkeley Haas to Study Crowdfunding

Earlier this month, researchers at UC Berkeley’s Haas School of Business and the Fung Institute for Engineering Leadership announced the establishment of CrowdBerkeley to better understand crowdfunding, a phenomenon which is changing the future of …

Crowdfunding FlickrEarlier this month, researchers at UC Berkeley’s Haas School of Business and the Fung Institute for Engineering Leadership announced the establishment of CrowdBerkeley to better understand crowdfunding, a phenomenon which is changing the future of finance by fostering the exchange of capital through new technology channels and providing a more equal playing field for funding investors and recipients.

Crowdfunding got its name from the process of crowds of people investing relatively small amounts of money online to fund new ventures and individuals—bypassing traditional investors and lenders. The growth of crowdfunding continues at a rapid pace, and the practice is expanding to new markets and to new places around the globe each day.

Fung Institute engineers have been aggregating databases from global crowdfunding platforms to provide researchers, policy experts, and government agencies with the tools to advance knowledge on technology models and to facilitate innovation and networks in crowdfunding. For example, CrowdBerkeley’s public research will provide evidence of crowdfunding trends such as participant demographics.

Berkeley-Haas faculty and researchers in finance and social enterprise will use the data to study how crowdfunding is impacting traditional financial models and paving the way for innovation and new ventures.

CrowdBerkeley enhances an already active study of crowdfunding on campus. Berkeley-Haas has held more than a dozen campus teach-ins where Berkeley academics and students network and collaborate with alumni and industry partners working in crowdfunding. The business school is also redefining finance education by including crowdfunding models, both current and evolving, in the MBA curriculum.

“We care about training our students so they will be best positioned to understand the future of finance from the standpoint of policy, regulation, and tech,” says assistant professor Adair Morse, who teaches the “New Venture Finance” MBA course.

In the course, students learn how to raise equity without traditional investors, create credit and loan models without brick-and-mortar lenders, and understand the implications of new currencies such as Bitcoin, an open source payment network that utilizes technology to conduct peer-to-peer transactions instead of banks to do business.  Berkeley-Haas students have launched several crowdfunding companies, including Indiegogo and WeFinance.

“The goal of CrowdBerkeley is simple: we aim to leverage the excellence of UC Berkeley to learn, educate, and inform entrepreneurs, policymakers, and researchers on how crowdfunding can shape the economy and society,” says professor Laura D’Andrea Tyson, director of the Haas School’s Institute for Business and Social Impact.

Learn more about this new partnership to study crowdfunding here.

(image credit: Rocío Lara, CC 2.0)

Posted in General, School News | Tagged , , , , , ,

IE Business School Revamps its International MBA Program

Spain’s IE Business School recently announced it has redesigned its one-year international MBA degree to allow students to design a custom program in accordance with their own specific interests and career plans. Students can center …

IE revamps international MBA program

Spain’s IE Business School recently announced it has redesigned its one-year international MBA degree to allow students to design a custom program in accordance with their own specific interests and career plans. Students can center on becoming creators by opting for the track with a special focus on entrepreneurship, or transformers, if they prefer to concentrate on developing their managerial careers in the corporate world.

The new IMBA will start this month with a student body comprising some 90% international students from 65 countries, with an average of 5 years of professional experience. The program also has Spanish and English-language versions.

Students can choose from over 150 elective courses to personalize their learning experience, and can opt to develop business projects or work on social projects in South Africa, Ethiopia, Peru, or Brazil. The program offers a total of 66 international destinations designed to enrich the MBA experience.

IE Business School’s International MBA program will also include Professional Fitness sessions throughout the entire program. Students will use the sessions to design a professional growth strategy, attending sector-specific workshops and participating in the new Talent Forum, a three-day job event run in collaboration with recruiters.

They will also build on their contact networks during the Global Network Week, travel with the Venture Lab initiative to get to know entrepreneurial ecosystems in other countries, or present their own business projects during the Venture Days organized by IE in cities worldwide, including Shanghai, Sao Paulo, Mexico D.F., Providence, Berlin, Tokyo and Lisbon.

Students will develop their soft skills as part of the new Behavioral Fitness model, aimed at building on their capacity for leadership, communication, management of high-performance teams, mindfulness, influence, and change management, all key factors for success in the field of business management.

Participants will also be able to take part in the Post MBA Long Exchange Program, a three-month exchange program with any one of 58 business schools worldwide, including Chicago Booth School of Business, Babson College, NYU Stern School of Business, London Business School, or CKGSB Beijing.

“The program has a marked focus on entrepreneurship, social commitment, and innovation, as well as bringing added impetus to students’ soft skills and capacity to map a career path,” says Santiago Íñiguez de Onzoño, Dean of IE Business School, explaining in a statement how the redesign of IE’s International MBA will further strengthen the international nature and humanistic approach of the program.

For more information about the revamped International MBA, visit the IE Business School website.

Posted in School News | Tagged , , ,

B-Schools Showcase Green Business Practices

Today’s global economy has two faces: one of exponential growth in developing countries, and the flip side—a voracious ravaging of resources by developed nations. While some business leaders continue to march in step to the …

Today’s global economy has two faces: one of exponential growth in developing countries, and the flip side—a voracious ravaging of resources by developed nations. While some business leaders continue to march in step to the “more is better” mantra, others are realizing that business as usual is not sustainable for our planet.

Earth Day may be commemorated officially on only one day of the year, but business schools around the country are using the occasion to show their dedication to tackling issues of climate change and sustainability that are at the core of doing green business.

sustainability and business

Here’s what’s going on this week at some of the top MBA programs:

Business Takes the Lead: How Innovation Will Drive Our Mitigation and Adaptation to Climate Change 2015 Conference, Wednesday, April 22, 2015, at the University of Pennsylvania Wharton School

Fight Less, Collaborate More: How to Solve the World’s Greatest Environmental Challenges, Thursday April 23, 2015, at the Stanford Graduate School of Business

UCLA Anderson School of Management is on day two of its annual Social Innovation Week, which runs April 20-23, 2015. Panelists and speakers will discuss social entrepreneurship, social impact in media and entertainment, corporate social impact and one-for-one models.

UC Berkeley Haas School of Business announced yesterday that the team from the full-time MBA program took first place in the Morgan Stanley Sustainable Investing Challenge, at Morgan Stanley’s London Headquarters on April 17. The winning team’s investment thesis was about drought mitigation innovation.

University of Michigan Ross School of Business announced today that influential Indian business leader, GV Sanjay Reddy, Vice Chairman GVK, will be the keynote speaker for Commencement on May 1st, 2015. At the event, he will share his views on the power of positive business, and how it creates a social impact on society.

And finally, Columbia Business School deserves a ‘shout out’ for its great article on the business case for going green.

This is just a sampling of the activities currently taking place on business school campuses, where sustainability and good stewardship are more than just buzz words—they are the very key to long-term economic growth and a better planet for future generations.

Earth image courtesy of Flickr user woodleywonderworks, CC 2.0

Posted in General, School News | Tagged , , , , , , , ,

MIT Sloan, Bank Negara Malaysia Collaborate to Establish Asia School of Business

MIT Sloan School of Management has entered into a 10-year collaboration with Bank Negara Malaysia to establish the Asia School of Business (ASB) in the English-speaking global financial center of Kuala Lumpur. The school, which …

MIT Sloan School of Management has entered into a 10-year collaboration with Bank Negara Malaysia to establish the Asia School of Business (ASB) in the English-speaking global financial center of Kuala Lumpur. The school, which is scheduled to open in September 2016, will host an inaugural class of 25 to 35 students into a two-year MBA program.

MIT Sloan Logo“The distinguishing feature of the ASB will be the use of Action Learning as a core part of the educational process,” explains Charles Fine, the Chrysler Leaders for Global Operations Professor of Management at MIT Sloan, who will serve as the founding president and dean of the ASB.

“Every class that we offer and every lecture that we give will be intimately connected with the companies and institutions in the region so that students emerge with a deep understanding of the business, political, and economic issues that come to play in ASEAN and beyond,” Fine says, adding that “Our intent is to create a world-class school of management in Southeast Asia.

The ASEAN region, which is comprised of ten countries including Malaysia, Indonesia, and the Philippines, has an economy valued at $2.4 trillion and a population of 600 million. The region is the fourth-largest export market of the U.S. and the fifth-largest overall trading partner.

The ASB’s curriculum will apply MIT Sloan’s values and approach, according to Richard Schmalensee, Co-Chair of the ASB, and the former Dean of MIT Sloan.

“Like Sloan’s, the ASB program is based on three pillars,” he says. “The first pillar is a tradition of doing rigorous, intellectual work on the important problems businesses face. The second pillar is a global perspective, with particular emphasis on Asia for the ASB. The final pillar—which is an integral part of MIT’s history and legacy and one that the ASB will also emphasize—is a strong spirit of innovation and entrepreneurship in enterprises of all sizes.”

The ASB will ultimately have its own faculty, but in the short term professors from MIT Sloan will teach at the school and provide guest lectures. In year one, classes will take place in the bank’s state-of-the-art learning center and students will live at its residential campus. Architectural plans are underway to build a new campus on nearby land.

Faculty at the ASB will also have exchange opportunities via MIT’s International Faculty Fellows program. Professors will spend time at MIT’s Cambridge campus participating in activities designed to boost teaching effectiveness, improve research, and enhance scholarship.

As part of the collaboration, the ASB students will spend four weeks on an educational exchange program at MIT Sloan learning about U.S. business. Students will visit companies in the Boston area, attend lectures from MIT Sloan faculty, and complete an Action Learning project with MIT Sloan MBA students.

These exchanges aim to increase MIT Sloan’s knowledge of ASEAN, and deepen its ties with the worldwide academic community.

“While the journey ahead for Asia has tremendous promise, businesses will need to rise to new challenges arising from the changes that are reshaping the regional and global environment. The ASB aims to advance the frontiers of business innovation and entrepreneurship in Asia and to develop future leaders,” says Dr. Zeti Akhtar Aziz, Governor of Bank Negara Malaysia and Co-Chair of the ASB Board of Governors.

Tuition to the ASB will be in the range of US$40,000 per year.

You may also be interested in:

MIT Sloan Finance Symposium Includes MBA Application Fee Waiver

Posted in School News | Tagged , ,