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Biz Buzz: What’s New in Graduate Management Education

Redesigned gmac.com Launches March 28

A new, improved gmac.com with a new interface and more interactive content will make its debut on Wednesday, March 28. The redesigned website will feature:

  • An all-new research library with advanced filtering options for articles and interactive reports
  • Abstracts for all research reports to provide a quick overview and key findings for all research content
  • An improved site search with filtering options
  • An interactive map with GMAC member schools and schools that accept the GMAT exam.
  • New social media channels and the ability to subscribe to news and information via RSS feed
  • Several key pages translated into seven different languages

Register or login to the new site between March 28 and April 18, and you will be entered into a drawing for an Apple iPad3. Visit  www.gmac.com/ipadcontest to view the contest details.

Kellogg Announces Bold Plans for Future

The Kellogg School of Management at Northwestern University has released Envision Kellogg, a comprehensive plan for how the school will shape business education and thought leadership for the 21st century.

Toward a goal of teaching students to think “rigorously, collaboratively, and bravely,” the school is reviewing both what and how it teaches. To help guide a more interdisciplinary approach to research, Kellogg has identified four “impact areas” that will serve as guideposts. They include markets, customers, and growth; innovation and entrepreneurship; private enterprise/public policy interface; and “architectures of collaboration,” with a focus on using technology to manage relationships with suppliers and customers.

Rebalancing its degree offerings over the next five years, Kellogg expects to increase the size of its one-year MBA program while decreasing enrollment in its two-year program. The reform push also incorporates a more aggressive international footprint, with an emphasis on BRIC countries.

UCLA Anderson Partners with TED

UCLA Anderson School of Management has partnered with the nonprofit organization TED, well-known for its conferences featuring innovative thought leaders under the mission “Ideas Worth Spreading.”

Under the association, UCLA Anderson launched a “TED Takeover,” a series of collaborative experiences enabling the UCLA Anderson community to participate in TED conferences, February 27-March 2. The partnership will extend into the classroom with discussions and initiatives centered on ideas raised under the TED brand. The agreement is TED’s first partnership with a business school.

Webinar Explores Africa and the Middle East 

Africa and the Middle East have some of the world’s fastest-growing student populations, and regional dynamics are likely to have a profound effect on management education in different parts of the world. GMAC will hold a free 30-minute webinar for GMAT using schools, Emerging Markets: Africa and Middle East, on Tuesday, April 17, at 11 am Eastern Daylight Time. GMAC’s Sabrina White, Alex Chisholm, and Ron Sibert will offer their insights on research, market and business development aimed at helping schools attract, engage, and recruit students in these regions.  Register for the webinar now and submit your questions in advance to research@gmac.com.

Design Studio Envisions Tomorrow’s Business School

The design studio Woods Bagot has released The Business School: Issues for a New Future, a collection of research papers that present design ideas for the next generation business school.

Shakespeare Meets B-School

Warwick Business School at the University of Warwick and the Royal Shakespeare Company have announced a unique partnership, Teaching Shakespeare, that will provide online professional development for teachers to enhance the classroom experience of Shakespeare.

The initiative will create online resources that will give teachers access to a rehearsal room and an active approach to Shakespeare’s plays, built on a delivery platform that draws upon the successful online platform that WBS has developed for its distance learning programs.

WBS’s dean, Mark Taylor, says the joint venture meshes with WBS’s philosophy of “looking at things differently.” Under his leadership, WBS has redesigned the Warwick MBA program to put creativity and behavioral science at the core of the curriculum.

Colorado States Unveils Synchronous Learning Classroom

The Colorado State University College of Business has opened a synchronous technology classroom. Students taking graduate-level computer information systems courses now have the option of signing in via webcam and high-speed internet connection, experiencing a live classroom setting from the convenience of their homes or offices. “It doesn’t matter if they are halfway across the country or across the world — if students are available during the class’s meeting time, they can log in and be a part of the live classroom setting from a remote location,” said Susan Meyer, director of department-based graduate programs for CSU’s College of Business.

Clemson Creates Social Media Listening Center

The Clemson University College of Business and Behavioral Science is a partner with several other units on campus in a Social Media Listening Center, built with support from Dell and Salesforce Radian6. The center enables students to monitor thousands of online conversations about organizations, brands, products, and services on a global scale in real time. As a tool in a management class, for example, the center enables students to listen in on a conversation among Millennials about an automobile brand, to help a student team create an advertising campaign for a specific car.

From the fund-raising desk

DePaul University has received US$30 million from Richard H. Driehaus for its College of Commerce, which it will rename the Richard H. Driehaus College of Business.

Philadelphia energy industry entrepreneur Harry R. Halloran Jr., has given US$10 million to the Opus College of Business at the University of St. Thomas to support its programs in corporate ethics and responsibility.

FJ Management Inc. has pledged US$1.75 million each to the David Eccles School of Business at the University of Utah and Utah State University’s Jon M. Huntsman School of Business.

HEC Montréal will receive C$2 million from the estate of Peter R.D. MacKell to create a PhD scholarship program.

With support from a US$1.5 million pledge by Steven Mariano, the CEO of Patriot National Insurance Group Inc., the University of Miami will enable students who were undergraduate business majors to earn three degrees — a JD, an LLM in taxation, and an MBA — in four years.

Through a US$1 million endowment from Elroy and Elaine Bourgraf, the University of Cincinnati has established the Bourgraf Professorship of Entrepreneurial Practice at the Carl H. Lindner College of Business.

In recognition of a gift of US$9.5 million from Robert B. Willumstad, Adelphi University has renamed its school of business after the donor.

CoBank has donated US$2.5 million gift to the University of Colorado Denver Business School to support a Center for Commodities that will launch this spring.

New Programs

The W. P. Carey School of Business at Arizona State University is starting a nine-month master of science in management program, targeted to students who did not major in business as undergraduates. … CEIBS’s Shanghai campus has launched the China Entrepreneurial Leadership Camp, a joint initiative of the CEIBS Centre for Entrepreneurship and Investment, the school’s executive education department, and the CEIBS Entrepreneurs Association.  The program is designed to provide future entrepreneurs with the latest in research-based insight. …  The Cass Business School at City University London has joined with the British Council of Shopping Centres to develop a series of master classes for professionals working in retail and retail property sectors. … Copenhagen Business School has announced plans for three master’s degree programs: Public Management and Social Development, with a focus on China; Multicultural Communication in Organizations; and Bioentrepreneurship, which aims to train students to create businesses based on ideas from laboratories, engineers, and scientists. …

With support from the NASDAQ OMX Educational Foundation, the Graduate School of Business Administration at Fordham University intends to extend its Master of Science in Global Finance program, already in Beijing, to additional global regions. … The School of Management at George Mason University is partnering with 9Lenses, which specializes in business intelligence frameworks, to deliver executive education programs to corporations and government agencies. … Next month, Harvard Business School will host the executive education program Leadership and Strategy in Pharmaceuticals and Biotech. … Harvard Business Publishing Corporate Learning, created to leverage insights from faculty at Harvard Business School and authors from Harvard Business Review, has announced Breakthrough Leadership, a blended, cohort-based leadership development program for mid-level managers. The program comprises six modules that are delivered over six months. … This fall, HEC Montréal will launch a Master of Management of Cultural Enterprises program, an extension of the Graduate Diploma in Management of Cultural Organizations that the school has offered for nearly 25 years. …

HEC Paris and Google have partnered to create the Google@HEC chair at the school, designed as a means to integrate the study of e-business into the curriculum. … Indiana University’s Kelley School of Business has started an Institute for Business Analytics. … IESE has created the Center for Research on Healthcare Innovation Management. … INSEAD has announced plans to offer a master in finance degree program at its campus in Singapore, beginning next April. The school has also announced plans to offer a certificate in information and systems security analysis and embellish its MSc program with a business intelligence data mining microprogram and a Global Supply Chain Management option. … This month, MIT Sloan School of Management debuts an executive education program called Big Data: Making Complex Things Simpler. … Nanyang Technological University’s Nanyang Business School and Business China have signed an agreement to establish an advanced management program designed to nurture China-savvy senior executives. …  Northwestern University’s Kellogg School of Management opened 10,000 additional square feet of space for its Miami, Florida-based Executive MBA Program. … The one-year, full-time MBA program at Saïd Business School at Oxford University has introduced a pre-program internship option, which will be available for a select number of candidates. … The Smeal College of Business at Pennsylvania State University and the school’s College of Medicine have teamed to offer a five-year joint M.D./MBA program. … The Graziadio School of Business and Management at Pepperdine University has announced plans to offer a part-time MBA program in Pasadena, California. … Queen’s School of Business has announced a partnership with the Canadian Association of Management Consultants focused on preparing students for the Certified Management Consultant certification program within Queen’s MBA programs. … The Beedie School of Business at Simon Fraser University has renamed its graduate finance degree as MSc Finance. …

The University of Arizona is partnering with the city of Chandler, Arizona, to offer several University programs in the city’s downtown core, including graduate management degrees and certificates through the Eller College of Management. … The University at Buffalo School of Management has restructured its Executive MBA program, offering classes all day Friday and Saturday every third weekend and enabling participants to complete the program in 20 months. Separately, the UB School of Management and representatives from GM are partnering in a semester-long project that enables MBAs in the school’s marketing management course to developing a marketing strategy for the US commercial launch of GM’s hydrogen fuel cell car, scheduled for mass production in 2015. … The Haas School of Business at the University of California-Berkeley is expanding its brand by initiating a publishing venture for cases written by Haas faculty. Staff at California Management Review, the school’s peer-reviewed management journal, will lead the initiative. … The University of Kansas School of Business has created a business student mentorship program that will pair alumni and other professionals with current undergraduate and MBA students for career advice and guidance. … The School of Business at the University of Miami will offer a Lean Six Sigma Green Belt Certification Program in May. Classes will take place over three consecutive weekends and will be followed by a process improvement project at the University’s Miller School of Medicine, where participants will work through a full project life cycle using the University of Miami Lean Six Sigma methodology. …  

Wharton Executive Education at the University of Pennsylvania has partnered with the Wharton School’s Initiative for Global Environmental Leadership, with a grant from SAP, to offer “Business Sustainability Leadership,” an executive education program that blends leadership training and development with environmental sustainability policies and practices. The program will be offered in June at Wharton’s West Coast campus in San Francisco, which recently opened a new home in a historic building on San Francisco’s Embarcadero. The larger campus will accommodate the school’s growing west coast MBA for Executives program and other school activities. … The University of South Florida’s College of Business is teaming with the Tampa Bay Lightning and The Lightning Foundation to offer a two-year MBA in Sport and Entertainment Management program. … The Opus College of Business at the University of St. Thomas is launching the SAIP Institute, which will help companies assess and enhance their ethical conduct. The Institute will promote a proprietary method, the Self Assessment and Improvement Process, modeled after the corporate-appraisal method pioneered by the Malcolm Baldrige National Quality Program. The SAIP extends the Baldrige approach to the areas of business ethics, governance and social responsibility. … The University of Tulsa’s Collins College of Business has announced an online Master of Energy Business program. … The Wake Forest University Schools of Business have opened a Center for Retail Innovation, an alliance of manufacturers, channel partners and retailers along with faculty and students at the Wake Forest University Schools of Business. The center’s goal is to generate a powerful return on investment through three outcomes: innovation, education, and collaboration. …

The College of Charleston School of Business has created an MBA program focused on hospitality revenue management. … Franklin University and the University St. Kliment Ohridski-Bitola have welcomed the first Franklin MBA cohort at the Macedonia-based university. … Starting this fall, the Institute of Management Technology Dubai plans to start a one-year MBA program for working professionals. … At Johns Hopkins University, the Carey Business School and the Whiting School of Engineering are collaborating to offer a dual master’s degree programs in environmental engineering and business administration. … Limestone College in South Carolina will start an MBA program this fall. … Our Lady of the Lake University has started an online version of its MBA program, which will also continue to be offered in the traditional classroom format. ... Rouen Business School is starting a 15-month MSc in Supply Chain Management program. … TERI University in Delhi has started an MBA program in Urban Management. … The University of Birmingham’s Business School has partnered with the Women’s Business Development Agency to create the Centre for Women’s Enterprise and Leadership, described as the UK’s first academic center devoted to women’s enterprise and leadership. … The University of Washington Bothell has renamed the UW Bothell Business Program as the School of Business.

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