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Brenda Freeman Speaks at Smith’s Women Leading Women Event
Brenda Freeman, ’87 and MBA ’91, headlined the University of Maryland’s Robert H. Smith School of Business’s third annual Women Leading Women event. DreamWorks Animation’s global head of television marketing discussed fitting into different corporate cultures, finding a good mentor and having a good work-life balance, among other things.
The conversation, moderated by Smith’s Vice Dean Joyce Russell, turned to one about mentors and their importance in women’s careers. Continue reading…
Kellogg MBA Receives BMA Scholarship
The following article was originally sourced from the news piece “Dedication and Discipline,” published on Kellogg’s News & Events page.
In April, Shaina Morrison, Kellogg School of Management MBA ‘15, became the 22nd Endowed Scholar of the Black Management Association. The scholarship, which started in 1991, is funded through the generous gifts of alumni and corporate sponsors. Morrison now plans to pursue a marketing career in the media and entertainment space, bringing a social element to her work. She loves this field because it allows you to amplify causes and social movements with such wide reach.
“On behalf of the Black Management Association we would like to congratulate Shaina on receiving this distinguished award,” BMA co-Presidents Chris Alexander and Dominique Harris said in a statement. Continue reading…
YouTube CEO Chosen to Speak at Anderson Graduation
UCLA Anderson School of Management announced that Susan Wojcicki (MBA ’98), chief executive officer of YouTube and former head of advertising and commerce at Google will deliver the commencement address to this year’s graduates. The ceremony will take place at 4 p.m. on June 13, 2014.
Wojcicki is considered to be one of the world’s most well known technology executives and an early champion of online video. She now supervises YouTube’s content and business operations, engineering and product development.
Wojcicki has been named one of Fortune’s “50 Most Powerful Women in Business,” one of Forbes’ “100 Most Powerful Women” and one of Vanity Fair’s “50 leading innovators [who] shake the foundations of their industries.” Continue reading…
GW MBA Making a Difference
The George Washington School of Business is proud of its reputation as an institution known to cultivate entrepreneurial minds of its students and incubate their start-ups.
In the summer between the 1st and 2nd year of his MBA, GW’s Josh Pavano went on CAP, a required consulting abroad for all GMBA students, to Rwanda. The experience he found in with Africa and the people of Uganda and Rwanda altered the course of his MBA career and sparked his own entrepreneurial spirit. Continue reading…
St John’s University Awarded $16,000 in Prizes at Annual Business Plan Competition
Tobin College of Business – St. John’s University held the fifth annual James and Eileen Christmas Business Plan Competition and Expo on April 5. An internet-based service application that increases efficiency for trade shows and a martial arts after-school program were among the business ideas being pitched by budding entrepreneurs of St John’s University, who competed for $16,000 in prizes during the competition.
The five finalists, chosen from 83 plans submitted by St. John’s students, were vying for a top prize of $5,000 which can be used to upstart their business venture. Remaining competitors displayed their plans during the Expo to attract “investors” from attendees and win cash prizes.
“The Business Plan Competition is an opportunity for students to move beyond the pure classroom experience and actually go through the process of developing a business plan and selling their idea. It’s a great skill that will serve them well throughout any career they choose to pursue,” said James W. Christmas, event founder.
Competition top honors went to Jonathan Weiss, Green Garden Solutions, inventor of a collapsible wheelbarrow; Michael Napolitano, Flutter System, a developer of audio and amplifier systems for crew teams and Kevin Cernuto, Custom Coolers, a lightweight cooler manufacturer that offers attachments to fit multiple items such as seating and electronics. Margurite Lynn McDonald, Shawn Chowdhury and Dylan Moody took the top three Expo prizes.
The panel of notable judges included: James W. Christmas, Former Director and Vice Chairman of PetroHawk Energy; Cathy Borzon, Global CFO for Neo@Ogilvy; Gary Chan, Managing Director, JP Morgan Chase; Richard Haray, Senior Vice President, Corporate Services of the Interpublic Group; and Kathryn Wachsman, Esq., entrepreneur and managing partner of The Law Offices of Harvey F. Wachsman MD, JD, PLLC. Bob Frank, Co-Founder of digital syndication network, Quello, was keynote speaker for the event.
MIT Sloan School of Management to Hold Conference on Long-Term Unemployment
Although the short-term unemployment rate in the U.S. is receding to pre-recession levels, long-term unemployment remains at levels unseen since the Great Depression. Nearly 4 million people have now been out of a job for more than six months. To address this crisis, its underlying causes and potential solutions, MIT Sloan School of Management’s Institute for Work and Employment Research is holding a conference on May 6 for scholars, policymakers, and practitioners.
“This will be the first national gathering of its kind to bring together these groups of experts to discuss long-term unemployment,” says MIT Sloan School of Management Prof. Ofer Sharone. “There are millions of people left out of the workforce who want to contribute. This is devastating families because of the loss of income, it’s emotionally devastating individuals, and it’s hurting our economy. We need to find solutions that work and solve this problem.”
The conference stems from a project by Sharone at the Institute for Career Transitions in which he is connecting long-term unemployed individuals with volunteer career coaches. Tracking their outcomes, he’s hoping to determine which strategies work. In addition to discussing early results from this project, the conference will bring together representatives from the most promising programs across the U.S. that support the long-term unemployed, along with policymakers and thought leaders on this issue.
The conference will be held from 9:00am – 3:30pm at MIT’s Morss Hall in the Walker Memorial Building. Members of the media are invited to attend, but pre-registration is requested. To register, please contact Michelle Rosin at mrosin03@gmail.com.
New Scholarship to Benefit Indian Students at Booth
After a generous a $3 million gift from the Ramakrishnan family, The University of Chicago Booth School of Business has announced that the gift will be used to support a new scholarship that will be offered to students from India. The Guru and Anupama Ramakrishnan Endowed Scholarship Fund will provide tuition support annually to three incoming students from India who are enrolled in Chicago Booth’s Full-Time MBA Program. Continue reading…
Taking It To the Streets: Kellogg Prof. To Detail Business Road Trip in Book
The following was originally sourced from the article “The Roadside MBA” published on Kellogg’s News & Events page.
While case studies are an invaluable way to get business experience, real-world knowledge and insight can only be gained via in-person on-site conversation. With this in mind, Kellogg School of Management Associate Professor of Management and Strategy Mike Mazzeo and co-authors Paul Oyer (Stanford Graduate School of Business) and Scott Schaefer (University of Utah’s David Eccles School of Business) took to the streets to put in some face time with local entrepreneurs in Memphis, Missoula, New Orleans, Atlanta and more. Their finding are detailed on their website and in their upcoming book.
Here are some excepts from an interview with Mazzeo where he gives some insight to the project and how it relates to Kellogg’s Competitive Strategy Executive Education program.
What is the Roadside MBA project?
“Roadside MBA began as an effort to learn more about the strategic challenges faced by small and medium-sized businesses. The reading lists at top business schools and the shelves of the business sections in bookstores are filled with case studies of Fortune 500 companies. But researchers and authors have paid much less attention to smaller businesses. We figured the best way to learn about them, and to get some great case studies, would be to go out on the road and meet entrepreneurs in person all across the country. Continue reading…
Hofstra’s Zarb School of Business Launches Accelerated MBA Program in Manhattan
The Frank G. Zarb School of Business at Hofstra University announced the launch of an accelerated MBA program in Manhattan designed for the working professional that can be completed in less than three years.
The MBA in strategic business management is a 41-48 credit hybrid program combining online and on-site classes that will be located in the Manhattan Eye, Ear & Throat Hospital on East 64th Street, between 2nd and 3rd avenues. The first cohort, which has 25 slots available, will begin September 2014.
To introduce the Manhattan program, the Zarb School is sponsoring a series of free lectures on self-branding for career growth featuring Dr. Joel Evans, the RMI Distinguished Professor of Business and a professor of marketing and international business, on April 22 in Manhattan and April 30 in Melville, Long Island. Both events run from 6-8 p.m. The events are free, but registration is required. Continue reading…
Wharton Announces Winner of the First Business Plan Competition Social Impact Prize
The Wharton School of the University of Pennsylvania announced that the inaugural Wharton Business Plan Competition Social Impact Prize has been granted to Susli Lie WG’14, team leader of Dana Cita, a loan platform targeting Indonesian youth. The Wharton Business Plan Competition, which is managed by Wharton Entrepreneurship, initiated the $10,000 prize this year. This new prize is awarded to the Semifinalist team that most strongly demonstrates social impact in their business model
Dana Cita means “Aspiration Fund” in Indonesian, and this education lending venture aims to empower Indonesian youths by providing loans to aspiring students, as well as connecting them to future careers. “Millions of youths in Indonesia, where I am from, aspire to a better future,” says Ms. Lie. “Through Dana Cita, we hope to make a difference and enhance the social mobility of many young people by funding these aspirations one at a time. It is a small step, but for a rapidly growing country that is as populous as Indonesia, we are hopeful it will be an impactful step.” Continue reading…
Enstitute Co-Founder Kane Sarhan to Keynote Tenth Annual Pace Pitch Contest
Pace University’s Lubin School of Business will hold its tenth annual Pitch Contest on Thursday, April 17 at the University’s lower Manhattan campus. The event is presented by Lubin’s state-of-the-art Entrepreneurship Lab.
Kane Sarhan, co-founder of Enstitute, the first national apprenticeship program for 21st century careers in business, technology, design, and entrepreneurship, will be the keynote speaker. Before co-founding Enstitute, Sarhan launched and ran his own magazine, The College Gossip Chronicles, raised over $100k for hackNY, a nonprofit in New York City, and was the creative director at LocalResponse, a top New York City tech startup.
The Pace Pitch Contest is based on the “elevator pitch” concept popular in the venture capital community. Contestants prepare an extremely concise presentation of an entrepreneurial idea, business model, marketing strategy, competitive analysis, and financial plan, which is delivered to potential investors. The premise is that it could be made in a few minutes should the entrepreneur spot a potential investor on an elevator and have the opportunity to pitch his or her idea during the brief ride.
Learn More about Pace’s MBA Programs here.
Rutgers Business School Honors Founding Director of the Executive MBA Program
Rutgers Business School Professor Emeritus Philip Shaak, the founding director of the Rutgers Executive MBA program, was honored on April 4 during an EMBA luncheon at Rutgers Business School.
Shaak, who once served as an associate dean, said he looks back at EMBA as the most exciting period of his career. “I really liked teaching and that was the most exciting teaching time for me,” he said. “I was extremely fortunate in my career.”
Rutgers current EMBA director, professor Farrokh Langdana, said that he and Assistant Dean Kathleen Connelly Harmon were “honored to be part of (Shaak’s) legacy to RBS.”
“Kathleen and I have often told Professor Shaak that the Rutgers Executive MBA Program has been able to garner all of its global rankings because it was built on the shoulders of giants, such as Phil Shaak and his team,” Langdana said.
During the event, Professor Shaak took some time to talk about EMBA’s early days, the program’s growth and his time at RBS. He described the beginning of the program in 1987, when a tremendous marketing effort was required, and compared it to the ease of attracting candidates today, based on the success and high rankings the program has achieved, as well as the quality of the faculty and teaching. Shaak emphasized that he and his team were able to attract very bright, professional students who were coming back to school after many years of substantive professional experience, and that created a collaborative learning environment for the program. According the Shaak, “One of the key parts of EMBA is it’s not simply a sterile academic exercise. There’s a blending of the academic world with the real world of business. That blending is what makes the program so successful.”
Kogod Network 2014 Builds Relationships
This year’s Kogod Network, which is the largest networking event of the year for the entire Kogod School of Business community, took place on Wednesday, April 2. Kogod Network 2014 was hosted by the Kogod Center for Career Development (KCCD). Continue reading…
Boston a Hotbed for MBAs in Healthcare, Finance, Consulting
A survey recently released by GMAC has revealed Boston as a national leader in fully four of the eight sectors rated by the survey.
Boston’s biggest score was the healthcare industry–a strength in the Boston Metro we’ve covered extensively at MetroMBA. Boston had the highest percentage of incoming MBAs with a background in healthcare–15%–and the second highest percentage intending to enter healthcare after graduating–also 15%. If you’re interested in healthcare, be sure to check out our list of healthcare MBAs.
Perhaps less well known is Boston’s strength in attracting students from the Finance sector. With 24% of incoming MBAs with a background in the finance sector, Boston trails New York by only 4 percentage points. Check out our list of top finance MBAs in Boston.
Boston was almost as popular with consultants: 12% of entering MBAs came from consulting, beat only by Washington DC and San Fransisco. If you have an interest in strategic consulting, you can check out our list of strategy MBAs in Boston, or consult our full list of specialties.
Finally, Boston scored high in the government and non-profit sector. 20% of its MBAs intend to pursue careers in the sector, making it tied for third after DC and San Diego.
The survey was conducted by the Graduate Management Admissions Council, or GMAC, the owner of the GMAT, and was part of its annual Prospective Students Survey. The survey analyzed data on 23 metros and looked at the sectors in which prospective MBA students are currently employed, and what sectors they plan to move into after graduation. For the full report, visit GMAC’s site here: gmac.com/prospectivestudents. For infographics, see gmac.com/newscenter.
Smeal College of Business Mourns Passing of Founder of the School’s Venture Capital Center
John D. Garber ’40 passed away last month in Palm Desert, Calif. He and his wife, Bette, were significant contributors to the Penn State Smeal College of Business, establishing the John and Bette Garber Venture Capital Center for Penn State Smeal MBA students in 1999.
The Garber Venture Capital Center—part of the college’s Farrell Center for Corporate Innovation and Entrepreneurship—is a $5 million venture fund that supports student-managed private equity investing in early stage technology-based companies.
“The generous contributions to our college from the Garber family have provided our MBA students with an unmatched opportunity, through the Garber Venture Capital Center, that prepares them to think critically about business, investment, and risk,” said Charles H. Whiteman, John and Becky Surma Dean of Smeal.
John and Bette’s $5 million commitment to Smeal in 1999 to establish the Garber Venture Capital Center was at that time the largest gift across the country to a program of this nature. Over the course of his career, John invested in numerous start-up companies and wanted to provide Penn State Smeal MBA students the opportunity to gain experience doing so as well.
Students engage in the venture capital process by enrolling in the Garber Practicum seminar. Entrepreneurs from several prospective investment properties present their business concepts, then students perform due diligence on these firms. Toward the end of the seminar, the student teams present their findings to their peers and vote on which, if any, properties warrant an investment.
Candidate for California Governor Announced as Speaker for Wharton, San Francisco 2014 Graduation
The Wharton School of the University of Pennsylvania announced that MBA alumnus Neel Kashkari, Candidate for Governor of California, will be the featured speaker at the School’s 2014 graduation ceremony for the MBA Program for Executives at Wharton, San Francisco.
Kashkari received his MBA from the Wharton School in 2002. The U.S. Senate appointed Kashkari to Assistant Secretary of the Treasury in 2008. In this position, he oversaw the Troubled Asset Relief Program, a program that was created to address the financial crisis that the United States was facing at that time. Kashkari received the Alexander Hamilton Award, the U.S. Treasury Department’s highest honor, for his efforts.
“Having worked in leadership positions in both the public and private sectors, Neel Kashkari’s experiences are sure to be instructive to our graduates,” said Wharton Dean Thomas S. Robertson. Continue reading…
The Wharton School Welcomes the Vanguard Group as Senior Partner on the Pension Research Council
The Pension Research Council at the Wharton School of the University of Pennsylvania announced that the Vanguard Group, a PRC member since 1999, has rejoined the Council as a Senior Partner of the Council for 2014.
According to Stephen P. Utkus, Director of the Center for Retirement Research at the Vanguard Group, “The Pension Research Council of the Wharton School has made significant contributions to understanding how people worldwide prepare for retirement, and we are delighted to support this effort. We look forward to working with our academic and business partners to advance research, explore policy issues, and develop innovative approaches to retirement in the United States and abroad.”
Olivia S. Mitchell, Professor of Insurance/Risk Management and Applied Economics/Policy, and Executive Director of the Wharton’s Pension Research Council at the University of Pennsylvania, said: “The Council is delighted to continue its close research relationship with the Vanguard Group. We look forward to building new knowledge together on global retirement security.”
The Vanguard Group is one of the world’s largest investment management companies, with $2.5 trillion in U.S. mutual fund assets. Founder and former Chairman John C. Bogle, who, early in his career, attended classes at the University of Pennsylvania, is credited with the creation of the first index fund available to individual investors.
The Pension Research Council sponsors interdisciplinary research on private pension and social security programs, as well as related benefit plans in the United States and around the world. It supports scholarly research on global aging, successful retirement, and retirement income security while facilitating access to research and data critical to the investigation of retirement security. The council is committed to generating debate on key policy issues affecting pensions and other employee benefits.
Smeal College of Business Announces Alumni Gift to Department of Accounting
Penn State alumni Steve and Lyn Reeves have made a $634,000 commitment to the Smeal College of Business, which will establish the Reeves Family Career Professorship and the Reeves Family Student Success Fund, for the Department of Accounting.
The Reeves Family Early Career Professorship will support the work of a promising young accounting faculty member with funding for research and teaching at a critical point in his or her career. The Reeves Family Student Success Fund will provide resources for students to participate in internships, study abroad, and other experiences that enhance their college career, as well as underwrite activities of the college’s accounting-related student organizations.
“We have long believed in the role of higher education in allowing individuals to realize their potential,” said Steve. “We have been fortunate to enjoy post-Smeal success and are very pleased to be in a position to give back and enable other to benefit from the opportunities that we did.”
According to Charles H. Whitman, John and Becky Surma Deal of Smeal Business School, “These generous gifts from Steve and Lyn will go a long way toward ensuring the continued strength and growth of our highly regarded Department of Accounting. Both the Early Career Professorship and the Student Success Fund will create opportunities for students and faculty that would not have been otherwise possible.”
