Category Archives: School News

NYU Stern MBA Program Appoints New Dean of Students

New York University Stern School of Business announced it has appointed alumnus Conor Grennan as Dean of Students for the MBA program, a position which acts as a liaison between the administration and more than …

NYU Stern dean of students

New York University Stern School of Business announced it has appointed alumnus Conor Grennan as Dean of Students for the MBA program, a position which acts as a liaison between the administration and more than 2,500 full-time and Langone MBA students.

Grennan earned his MBA at NYU Stern in 2010, and served as student body president during the second year of his MBA studies. Before earning his MBA, Conor founded Next Generation Nepal, a non-governmental organization (NGO) that has rescued and reconnected with their families approximately 500 trafficked children in post-war Nepal.

While at Stern, Conor wrote “Little Princes: One Man’s Promise to Bring Home the Lost Children of Nepal,” a New York Times best-selling book that chronicles his motivations for and experiences with his NGO.

“Conor instantly grasps what we mean when we say we’re in the business of inspiring future leaders to create value in the world because he has transformed our promise into real outcomes in the real world,” says Peter Henry, dean of NYU Stern.

“Conor is a bridge builder who successfully discovers unforeseen opportunities to make a meaningful difference where business, society, culture and people intersect,” Henry adds. “We are delighted to have one of our own return to Stern in this important administrative capacity to mentor and guide future generations of Stern students.”

In 2014, Conor was named a recipient of the Unsung Heroes of Compassion, which was awarded to him by His Holiness the Dalai Lama. Huffington Post named Conor one of its “Game Changers of the Year” in 2011. His book, “Little Princes,” is now required reading in numerous colleges and universities around the country. Conor will continue to serve as a member of Next Generation Nepal’s Board of Directors.

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Unusually High Admissions Rate at UNC Kenan-Flagler

While we often hear about the extremely low acceptance rates at MBA programs at Harvard Business School and Stanford Graduate School of Business—11% and 7%, respectively—we don’t often discuss the cases on the other side …

While we often hear about the extremely low acceptance rates at MBA programs at Harvard Business School and Stanford Graduate School of Business—11% and 7%, respectively—we don’t often discuss the cases on the other side of the dial, particularly among well-ranked schools.

The University of North Carolina Kenan-Flagler Business School finds itself in just that position, with a high MBA admissions rate of 44%, according to a recent story in the Daily Tar Heel.

Senior MBA admissions director Lisa Beisser acknowledges that the percentage is higher than Kenan-Flagler would like, particularly from a perception point of view, and that a realistic admissions rate to aim for would be 30-35%. “That would be much more in line with our peer schools,” she says.

Kenan-Flagler’s new dean Doug Shackelford, who began his term on February 1st of this year, doesn’t seem worried about lowering the admissions rate to improve the school’s ranking by key media outlets.

“Any school in the world who isn’t ranked No. 1 would like to be No. 1,” he says in the Daily Tar Heel, noting that the rankings are based on many, often subjective, factors.

The school introduced a new branding campaign in 2013 which emphasizes the ampersand symbol, distinguishing Kenan-Flagler as a place where students master both “the science & heart of business.”

The change in tone may have led to the dramatic 30% increase in application volume this year. Beisser says that most schools would consider a 4-6% increase a success, so “That’s huge actually in the business school world.”

Whatever the cause, right now Dean Shackelford is focused only on attracting the best students and providing the best management education possible.

“We don’t sit here and reverse engineer the rankings,” he tells the Daily Tar Heel. “If we get that ranking, wonderful; if not, we’ll live with it.”

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Tuck Dean Danos to Step Down After 19 Years

Tuck School of Business Dean Paul Danos has announced his plans to step down when his current term ends in 2015. At 19 years, his tenure is the longest in Tuck’s history and one of …

Tuck School of Business Dean Paul Danos has announced his plans to step down when his current term ends in 2015. At 19 years, his tenure is the longest in Tuck’s history and one of the longest in management education. By the end of his fifth term, nearly half of Tuck’s 10,000-plus living alumni will have graduated under his deanship.

Danos joined Tuck in 1995 and has guided the school through one of the most transformative periods in its history. He led a dramatic expansion of Tuck’s world-class faculty; oversaw the launch of nine centers and initiatives; and introduced a broad array of MBA curriculum innovations that enabled the school to keep pace with the ever-changing landscape of global business.

“I realize that none of our achievements would have been possible without the contributions of our entire community—our skilled and caring faculty, our outstanding students, our committed staff, and our loyal and dedicated alumni,” Danos said in a letter to the Tuck community announcing  that he would not seek reappointment for a sixth term.

“Your support and encouragement over the last two decades has been vital to Tuck’s continued success and has meant the world to me. Tuck is a great school with a virtuous circle of caring people who will ensure that its future will be as bright as its past,” he added.

Under Danos, Tuck has consistently been cited for the excellence of its MBA program, and is known for its world-leading alumni giving rate, which is nearly three times the average participation rate of other business schools.

Dartmouth President Phil Hanlon also expressed the school’s gratitude to Dean Danos, saying his “commitment to the quality of the MBA program and to preparing students for a lifetime of responsible leadership has earned Tuck a unique place among the world’s top graduate schools of business. “

At Tuck, Danos also presided over an increase in both the size and quality of the student body, as classes became more international, diverse, and balanced between genders. The size of the faculty also grew during this period. Under his leadership, the number of full-time faculty at Tuck rose from 36 to 51, as did their levels recognition and accomplishment.

Board of Overseers Chair Christopher J. Williams said he anticipates significant global interest in this deanship, since “The opportunity to lead one of the world’s truly great business schools is a rare one.”

President Hanlon will be working with incoming Provost Carolyn Dever to form a search committee and will be seeking input from faculty, senior administrators, students, and alumni as they conduct a thoughtful search for the next dean. Williams said Tuck will likely announce a new dean in early 2015.

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Columbia Hosts Odyssey Management Competition

Columbia Business School will host the sixth annual ODYSSEY Global MBA Competition and Symposium, coming up on March 28 and March 29, 2014.  Held each spring, this student-organized event features a three-part business management competition …

Columbia Business School will host the sixth annual ODYSSEY Global MBA Competition and Symposium, coming up on March 28 and March 29, 2014.  Held each spring, this student-organized event features a three-part business management competition between teams from a select group of the world’s top business schools who have gathered to learn, network, and compete.

In addition to the competition, the event includes a symposium featuring industry leaders addressing this year’s theme—Disrupt or Be Disrupted—which focuses on the need for companies to be agile in the face of disruptive forces and to manage innovation in order to stay ahead of challenges confronted.

Each team will compete in three categories: an entrepreneurial pitch, a case study presentation, and negotiation skills.  Leading industry practitioners judge the event, awarding points based on strength of concept and solutions, negotiation skills, and presentations.

Who:

  • Frank Eliason, Director, Global Social Media, Citi
  • Neal Goldman ’96, Founder and CEO, Relationship Science; and Co-Founder and former CEO, Capital IQ
  • Bruce Greenwald, Robert Heilbrunn Professor of Finance and Asset Management, Columbia Business School
  • Craig Hatkoff ’78, Founder, Victor Capital Group; Co-founder, Tribeca Film Festival and the Tribeca Disruptive Innovation Awards
  • David Kidder, Co-Founder and CEO, Bionic; Co-founder and former CEO, Clickable; and author on entrepreneurship

Participating schools include Chicago Booth School of Business, China Europe International Business School, Cambridge Judge Business School, HKUST Business School, INSEAD, London Business School, NYU Stern School of Business, University of Virginia Darden School of Business, and Yale School of Management.

For more information on Odyssey, the competition, and symposium agenda, visit: http://www.mbaodyssey.com.

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Harvard Business School Enters Online Learning

Harvard Business School has announced the official launch of HBX, an innovative digital platform to support the delivery of online business-focused offerings, including HBX CORe, a primer on the fundamentals of business. “The HBX launch …

Harvard Business School has announced the official launch of HBX, an innovative digital platform to support the delivery of online business-focused offerings, including HBX CORe, a primer on the fundamentals of business.

“The HBX launch marks an important milestone in our ongoing efforts to educate leaders who make a difference in the world,” says HBS Dean Nitin Nohria. “Moreover, HBX will provide a powerful channel for communicating ideas to and engaging with new and wider audiences, complementing the work we do through Harvard Business Publishing.”

The initial HBX offering, CORe (Credential of Readiness), comprises three interlinked courses: Business Analytics, Economics for Managers, and Financial Accounting. HBS Professor Bharat Anand, Faculty Chair of HBX, says that CORe will be a rigorous program designed for serious and committed learners.

“The HBX faculty team has thought carefully about how to create an online offering that mirrors the energy you find in an HBS classroom and that allows students to benefit from the diversity and experiences of other students,” Anand explains.

Consistent with the Harvard Business School case method of teaching and participant-centered learning, CORe requires students to be active learners, thinking through and solving real-world problems.

HBX aims to complement the school’s existing programs. Notes HBS Professor Youngme Moon, Senior Associate Dean and Chair of the MBA program, “CORe is designed to provide basic business fundamentals to segments of the population we’ve never directly addressed before: undergraduates, graduate students in non-business fields, and people who have just begun their first jobs in business but want a better foundation so they can thrive earlier in their career.”

CORe will launch in June, initially with a limited cohort of students drawn from the greater Massachusetts region of colleges and universities; applications will be available in April on the HBX website (hbx.hbs.edu).

Click here for HBX fact sheet.

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USC Marshall Offers New Degree in Entrepreneurship

The USC Marshall School of Business will offer a new Master of Science in Entrepreneurship and Innovation (MSEI) through its Lloyd Greif Center for Entrepreneurial Studies, USC Marshall announced today. This degree will expand opportunities for students …

entrepreneurship at USC marshall

The USC Marshall School of Business will offer a new Master of Science in Entrepreneurship and Innovation (MSEI) through its Lloyd Greif Center for Entrepreneurial Studies, USC Marshall announced today.

This degree will expand opportunities for students interested in careers in entrepreneurship, corporate venturing and innovation or technology commercialization.

An accelerated and highly experiential program, the MSEI prepares students with the knowledge and skills to create new business ventures in a climate defined by rapid change, increasing competition, shortened product life-cycles and higher market volatility.

Students can complete the required 26 units in one year as a full-time program, or in two or more years (part-time), personalizing their degrees with elective courses such as Technology Commercialization and New Product Development.

“There is a growing demand among students with technical backgrounds for a consolidated, MBA-type degree that has a real focus on young enterprises,” says James G. Ellis, dean of the Marshall School of Business.

“With the Master of Science in Entrepreneurship and Innovation, the Greif Center is meeting this need – equipping technically proficient students with critical business skills for long-term career success,” Ellis adds.

“The pace of technological innovation is ever-accelerating, and this new, one-year master’s program is keeping pace,” observes Lloyd Greif, president and CEO of Greif & Co. and founding donor of the Center. “By equipping these students with the expertise they need, the MSEI will increase their probabilities of success while simultaneously speeding their path to market.”

As the nation’s oldest integrated entrepreneurship program, the Lloyd Greif Center for Entrepreneurial Studies has consistently ranked among the top programs in the United States.

The program is now accepting applications for its inaugural class from graduating seniors of four-year baccalaureate programs, as well as from working professionals with bachelor’s or advanced degrees.

“The Master of Science in Entrepreneurship and Innovation combines academic rigor with hands-on, experiential learning, putting students on a fast track to exciting positions with start-up enterprises or launching new corporate divisions,” says USC Marshall professor Andrea Belz, academic director of the MSEI program. “By leveraging the assets of the renowned Greif Center, the MSEI offers something truly unique.”

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