Tag Archives: Stanford GSB
September 14, 2015
Last week, Forbes released its 2015 ranking of the best business schools in the United States based on the return on investment (ROI) of the MBA Class of 2010 grads. For the second straight time, Stanford Graduate School of Business nudged out Harvard Business School for the top spot with a five-year gain of $89,100 for graduates. In fact, according to the report, the class of 2010 tripled their pre-MBA total compensation to $255,000 five years out of school.
Here’s a snapshot of the Top Ten Business Schools as crowned by Forbes:
- Stanford Graduate School of Business (five-year MBA gain of $89,100)
- Harvard Business School (five-year MBA gain of $83,500)
- Northwestern University Kellogg School of Management (five-year MBA gain of $72,700)
- Columbia Business School (five-year MBA gain of $71,100)
- Dartmouth Tuck School of Business (five-year MBA gain of $68,400)
- Chicago Booth School of Business (five-year MBA gain of $65,000)
- The Wharton School (five-year MBA gain of $64,900)
- UC Berkeley Haas School of Business (five-year MBA gain of $64,200)
- MIT Sloan School of Management (five-year MBA gain of $63,800)
- Cornell Johnson School of Management (five-year MBA gain of $63,500)
The MBA Class of 2010 had it pretty tough, graduating in the midst of a global financial meltdown that saw typical MBA feeder companies such as Lehman Brothers and Bear Stearns vaporize overnight. However, despite the slow start to their post-MBA careers, the class of 2010 has rebounded well, Forbes notes.
To learn more about the methodology of the Forbes ranking, hiring trends, and the debt situation of the Class of 2010, you can read the original article on Forbes.com.
April 22, 2015
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.
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
March 17, 2015
Are you wondering what the hot MBA jobs of the future will be? Take a look at these six up-and-coming jobs that US News & World Report highlights as well-suited for business school graduates. Not surprising, they all command solid salaries, and the US Bureau of Labor Statistics predicts hiring growth in these industries.
Here are US News’s top picks:
Operations research analyst: Higher-level operations research analysts usually have an MBA with a specialization in production and operations management. Consider top schools, such as University of Pennsylvania’s Wharton School and the Michigan Ross School of Business.
IT Manager: These professionals supervise employees, communicate with internal executives and outside vendors as well as plan various tech upgrades for their employer. Check out the excellent program for information systems at MIT Sloan School of Management.
Management Analyst: These professionals provide feedback on improving an organization’s efficiency and profitability. Competitive candidates have a few years of experience in operations, and have earned an MBA with a focus on management. Stanford Graduate School of Business and Harvard Business School have top programs.?
Financial analyst: These professionals help companies determine when to buy and sell investments. The Chicago Booth School of Business and the NYU Stern School of Business offer top finance programs.
HR specialist: These professionals work with a company’s employees, by doing anything from recruiting them to training them to explaining their benefits. HR specialists don’t need an MBA, but the degree will help them stand out from the competition.
Information security analyst: These analysts monitor and protect an organization’s computer network and systems. Companies prefer to hire those with an MBA. The UT McCombs School of Business and Carnegie Mellon University’s Tepper School of Business are top-notch programs for studying information systems.
As you can see, employers are looking for skilled managers to lead the way in today’s global economy. Business and management degrees can be a powerful driver of confidence and opportunity to achieve those ambitious goals.
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February 20, 2015
The men who take a Stanford Graduate School of Business course on female entrepreneurship do so for the eye-opening exposure to some of the down-and-dirty aspects of starting your own business. Learning about the strategic …
The men who take a Stanford Graduate School of Business course on female entrepreneurship do so for the eye-opening exposure to some of the down-and-dirty aspects of starting your own business. Learning about the strategic and business challenges of entrepreneurship is great, but what about the expectations and emotions of starting a business? How does starting a company impact your personal life? What are you willing to give up to get your business off the ground?
While women are still the majority participants in the “Entrepreneurship from the Perspective of Women” course taught by Professor Fern Mandelbaum, that may change as word continues to spread of the “people issues” covered in the course, a recent profile piece in Fast Company reveals.
The idea for the course came ten years ago, when Professor Garth Saloner, currently dean of the Stanford GSB, created a two-week seminar on female entrepreneurship with the simple goal of exposing business students to a multitude of entrepreneurship examples. As of 2015, the class will be offered as a full, quarter course.
Three male students interviewed in the article say they signed up for the course because they wanted to better understand the real-life challenges and decisions that entrepreneurs have to make.
“In a lot of the other classes, you hear the stories of winners … not to say that you didn’t hear it in this class, but the tone of it was more about the trade-offs that you have to make along the way,” says former student Andrew Yaffe. “We had both male and female speakers in the class addressing topics in term of how often they were able to see their children, when they started their company, what was the initial pay they took. I found the male and female perspectives valuable.”
The course name may dissuade male students who assume it’s a class for women, but Professor Mandelbaum hopes that will soon change because the topics are important for future business leaders of either gender in order to create inclusive work environments.
Men may not think business school is the place to learn some of the personal aspects covered in the class, but, says past participant Johnson Ci Yu Fung, “What better way to generate innovation than to see it from a perspective that the other half of the population experiences?”
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December 26, 2014
Stanford Graduate School of Business‘s course on female business leaders has become so popular it has a lengthy waiting list. According to a recent profile in Fortune, “Entrepreneurship from the Perspective of Women,” taught by …
Stanford Graduate School of Business‘s course on female business leaders has become so popular it has a lengthy waiting list. According to a recent profile in Fortune, “Entrepreneurship from the Perspective of Women,” taught by Professor Fern Mandelbaum, will now be offered as a full, quarter course, beginning in 2015.
The idea for the course came ten years ago, when Professor Garth Saloner, currently dean of the Stanford GSB, created a two-week seminar on female entrepreneurship with the simple goal of exposing business students to a multitude of entrepreneurship examples.
According to the current course description, this seminar shows how successful women entrepreneurs navigated finding an idea, forming and building a team, being an effective leader, raising money, overcoming setbacks, and assembling a board. It also explores some of the unique challenges women face when approaching entrepreneurship.
“Something that we talk a lot about [in the class] is, ‘how do you use your differences as strengths?’” Mandelbaum tells Fortune. “And [these feelings] could come from being an Asian or African-American person or an introverted male. It’s not just women, but the fact of the matter is, 50 percent of the population is women, and many of them view their differences as weaknesses.”
Female enrollment at the Stanford GSB currently stands at 42%, and perceptions are evolving so that participants no longer view the topics covered in the course as women-specific issues; rather, they are simply people issues, and are important for anyone who wants to be successful in today’s diverse business environment.
“Everything in the class is as important for men as it is for women,” Mandelbaum says.
November 5, 2014
Stanford Graduate School of Business has launched a new, online model for executive learning that recreates the intimate and academically rigorous on-campus Stanford experience in an interactive online environment, the school announced Wednesday. The new …
Stanford Graduate School of Business has launched a new, online model for executive learning that recreates the intimate and academically rigorous on-campus Stanford experience in an interactive online environment, the school announced Wednesday.
The new model will launch with the Stanford LEAD Certificate: Corporate Innovation, which aspires to help participants learn, engage, accelerate, and disrupt (LEAD). It is aimed at professionals who wish to drive new initiatives and effectively implement change within their organizations.
“The program brings these compelling elements of Stanford to the world of online executive learning for the first time by combining a highly selective cohort and technology that enables self-paced learning, shared team work, and a cloud-based immersive space for group experiences,” says Peter DeMarzo, Faculty Director for Educational Technology at the GSB.
This eight-course program will help participants develop their abilities to identify the ideas that deliver the most impact and to overcome organizational barriers. The program integrates real-time class discussions, ongoing feedback from world-class faculty and high-quality peers, engaging instructional video, online exercises, group projects, live-streamed events at Stanford GSB, and access to Silicon Valley leaders.
The certificate will include three foundational courses: Financing Innovation: The Creation of Value, Critical Analytical Thinking, and Strategic Leadership. Participants will choose five innovation-focused electives from among ten that include Design Thinking: Building Brands Inside Out, Startup Garage for Intrapreneurs, Business Model Design, and Using Neuroscience to Influence Behavior.
Over the next several years, the school expects to offer other certificate tracks in addition to Corporate Innovation, DeMarzo says.
“Developing an online pedagogy gave us the freedom to think anew about how people can best learn, retain, and use this material. We’ve created a Stanford experience that people can digest on their own turf, at their own pace, and apply in real time.”
Unlike Massive Open Online Courses (MOOCs), participants in the Stanford LEAD Certificate will be chosen by application into a select cohort of executives. This will enable all participants to interact directly with faculty, receive meaningful feedback, and benefit from a learning community of like-motivated peers. No more than 100 participants will be admitted to the first 2015 cohort.
Stanford GSB has chosen to incorporate a suite of technologies to support this multifaceted, interactive experience, including the NovoEd online learning environment to enable team-based projects and collaboration.
All participants will need is a video-enabled computer and an internet connection to participate from anywhere in the world. The program is designed to be completed within a year, at a pace of two courses per quarter. Including required assignments, team projects, and cohort events, participants should anticipate spending approximately five hours a week in the program.
Overall, the Stanford LEAD Certificate, which costs $16,000, will deliver more than 200 hours of content and faculty engagement. Content will include personal development tools, direct faculty access, workshops, live-streamed Stanford events, interactive exercises, and experiential and project-based activities. Those who successfully complete the program will earn both a paper certificate and a LEAD Certificate badge for public posting to LinkedIn profiles.
Applications are open now through March 25, 2015, and the program will begin on May 5, 2015. Candidates must upload a short, two-minute video about why they wish to take the certificate program and in what area of their organization they want to have impact. Applicants will be asked to show demonstrated resourcefulness and capability to affect change in an organization.
Participants will be chosen based on their motivation for developing new products, services, cultural changes, or strategic pivots in their organizations. Professionals from large and small global companies, public institutions, and nonprofits are encouraged to apply.