MIT Sloan Extends Global Connections
As part of ongoing efforts to build global relationships, the MIT Sloan School of Management has started a collaboration with four universities that will allow students to augment study in their home MBA programs with a new Master of Science in Management Studies at MIT. Sloan’s partners are Fudan University in Shanghai, HEC Paris, the SKK Graduate School of Business at Korea’s Sungkyunkwan University, and Tsinghua University in Beijing.
In a statement, David Schmittlein, the John C. Head III Dean of MIT Sloan, said that the program “will enable students to supplement the broad-based management education they receive in the outstanding MBA programs at the schools they already attend with the additional knowledge and management tools they can acquire at MIT.”
The program will start in 2009-2010 at MIT with approximately 15 international students, toward an eventual enrollment of 50.
Separately, MIT Sloan also announced that it will begin taking applications this fall for a Master of Finance degree program, an expansion of the school’s finance curriculum.
BIZ BRIEFS
- Boston University has announced two new centers in its School of Management. With a US$1.7 million gift from the Keane Foundation, the university created an Institute for Global Work that will focus on effective processes and practices in global business. The Institute for Technology Entrepreneurship and Commercialization, based at the School of Management in partnership with the College of Engineering, will develop and deliver a course for engineering juniors on the principles of technology innovation, entrepreneurship, and commercialization.
- INSEAD has announced a Gender Diversity Initiative to coordinate and expand work under the school’s commitment to harness the management potential of women from diverse cultures throughout the world.
- The Rotman School of Management at the University of Toronto has embarked on a C$200-million fundraising campaign, the largest such effort ever taken by a business school in Canada.
FROM THE FUNDRAISING DESK
David Booth, an alumnus of the business school at the University of Chicago, has given his alma mater a gift valued at US$300 million. In recognition, the school was renamed the University of Chicago Booth School of Business.
Babson College has received US$10.8 million from the Lewis Charitable Foundation to start an institute to support teaching, research, and outreach in social entrepreneurship.
Boston University trustee Richard Shipley has announced that the Shipley Foundation will donate nearly US$3 million to BU’s School of Management for an endowed professorship and to recognize faculty excellence.
The College of William & Mary has received a US$2.5 million pledge from alumna H. Elizabeth McLeod and her husband, J. Goodenow Tyler III, to support the college’s libraries; US$1 million is designated for the library in the Mason School of Business.
Thomas F. Chapman, retired chairman and chief executive officer of Equifax Inc., has given Clemson University US$2 million, half of which will support a leadership program in the College of Business and Behavioral Science.
A US$1.6 million grant from the United States Agency for International Development-USAID to the Business Development Center in Jordan will fund a partnership with Thunderbird School of Global Management to offer business training programs for Jordanian executives and entrepreneurs.
The University of South Carolina Upstate has received US$6 million from the George Dean Johnson, Jr. family and just broke ground in downtown Spartanburg for the US$30 million George Dean Johnson, Jr. College of Business and Economics.
The UMass Dartmouth Charlton College of Business has been given US$3 million by the Charlton Family Trust to help build an annex that will include a stock trading floor where students can learn investment skills and strategies.
Jeffrey Moskow, a part-time instructor at the University of Nevada, Las Vegas, has donated US$1 million to the school’s College of Business for a speaker series.
NEW PROGRAMS
The University of Louisville College of Business has signed student exchange agreements with China’s Nankai University Business School and the Shanghai Institute of Foreign Trade. … The College of Business at Eastern Michigan University has inked a partnership with Xavier Institute of Management in Bhubaneswar, India, to offer a dual MBA program. Under the agreement, Xavier students will complete eight courses at both Xavier and EMU and receive an MBA from both institutions. … The Yale School of Management has created a Pre-MBA Leadership Program for promising college undergraduates and recent college graduates in the workforce who are interested in developing leadership skills and exploring careers in business. The annual, two-week summer program will accept up to 50 rising college juniors and seniors of color, other undergraduates who actively support diversity and inclusion in business, and recent college graduates. …
TASMAC, Training and Advanced Studies in Management and Communications Ltd., has opened TASMAC London ─ School of Business, billed as the first time an Indian institution has set up a full-fledged campus in London, which will offer MBA and BA programs. … The College of Business at Eastern Michigan University has created training modules designed to teach business professionals how to avoid ethical lapses. … Next fall, Warwick Business School at the University of Warwick in Coventry, England, plans to start an MBA in global energy. … Classes began in August in a new MBA program at the University of the Cumberlands in Williamsburg, Kentucky. … Two new research centers at Cass Business School at City University London will focus on mergers and acquisitions, and charitable giving and philanthropy. … The University of Washington, Bothell announced plans to extend its MBA program southward to Bellevue, Washington, where a Leadership MBA will focus on developing business leaders through a mentorship and strategic leadership program. The university’s home campus MBA program is geared toward managing technology-oriented businesses. …
At the University of North Carolina at Chapel Hill, the Kenan-Flagler Business School has created the Luther H. Hodges Leadership Center to support leadership education and honor the late North Carolina Gov. Luther H. Hodges. … New Hampshire’s Daniel Webster College has started an MBA in Technology and Innovation Leadership, with a focus on e-business, economics of technological change, and technological innovation strategy. … The University of Maine has introduced an MBA track in business and sustainability. … The Jerusalem Post reports that the Jerusalem College of Technology plans an MBA program that will focus on Jewish ethics and morality. … The University of Colorado Denver Business School has received approval to start a Master of Science degree with an emphasis in global energy management. … The Carey Business School at Johns Hopkins University plans to offer a full-time MBA program starting in 2010. Apart from an MBA/MPH, the school currently offers just part-time MBA options.