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B-school Reaches Out to Middle Schoolers
Middle school students became business students for a day in a program organized last fall by the Black MBA Association at Goizueta Business School at Emory University. A contingent of university students, staff, and faculty members hosted an October visit to the school by 16 middle school students. The visitors toured Goizueta facilities with current students and participated in rotating panel discussions, learning about how program, career and library services contribute to the MBA experience. The middle school students also took a crash course in key academic areas of a business education, including finance, from Goizueta Associate Dean Andrea Hershatter.

Shaun Caldwell, president of the school’s Black MBA Association, says the event reminded him of his own experience in middle school, when volunteer-organized trips to the US Naval Academy and Norfolk Naval Station helped him envision career options and recognize the rewards of hard work. “I still remember how someone in the community came into my life and changed everything,” Caldwell says. “Those experiences were pivotal.”

Worthwhile Reading: Harvard Business School Discusses Future of MBA
To help assess the relevance and vitality of its curriculum, Harvard Business School convened a symposium with business school deans, corporate recruiters, and executives to discuss the future of the MBA. Participants had contributed to an HBS research project that looked at the MBA in depth.

Project leaders interviewed 30 business school administrators and approximately 100 students, wrote case studies on MBA programs at Chicago, INSEAD, Stanford, Yale, and Harvard, collected trends data on MBA enrollments and program designs, and analyzed the curriculum of 11 business school programs. Among other provocative findings, the researchers found that financial services and consulting firms increasingly develop their own talent through in-house programs designed for employees with just undergraduate degrees.

HBS’s Working Knowledge website posted a summary of the discussion, which will be of interest to everyone who has a stake in the future on the MBA.

Study Confirms Dearth of Women in Boardrooms, Executive Suites
A study of women business leaders in California by the University of California-Davis Graduate School of Management, in partnership with the Forum for Women Entrepreneurs and Executives, finds that women are still not finding top leadership positions in the Golden State’s largest public companies. This year’s edition of the annual study reports that women hold only 10.9 percent of board seats and top executive officer positions, virtually unchanged from last year. In addition, nearly 30 percent of the state’s 400 largest public companies have no women in a top executive position or on the board of directors. Just 13 of the 400 companies have a woman CEO.

For details, download the report.

US Graduate Schools Attracting More International Students, but at Slower Rates
A survey released by the Council on Graduate Schools suggests that US graduate schools have continued to attract an increasing number of international students and that both first-time and total enrollments continue to rise. The study also found, however, that the rates of increase slowed between 2007 and 2008. For example, the survey found that first-time international enrollment in graduate schools of business increased 4 percent in 2008, compared with 12 percent in 2007. More information is available on the CGS website.

BIZ BRIEFS

At Purdue University, the Krannert School of Management has joined a nationwide consortium aimed at helping veterans start their own businesses. Created in 2007 at the Whitman School of Management at Syracuse University, the Entrepreneurship Bootcamp for Veterans with Disabilities trains veterans disabled in Iraq and Afghanistan in entrepreneurship and small business management. Other participating schools include the Anderson School of Management at the University of California, Los Angeles, the Mays Business School at Texas A&M University, and the College of Business at Florida State University.

The Wharton School of the University of Pennsylvania has announced plans for a high school version of its popular online journal Knowledge@Wharton, which reaches 1.25 million subscribers worldwide. Scheduled to launch this February, Knowledge@Wharton High School will be a free biweekly site offering articles, videos, podcasts, business-related learning simulations and interactive tools targeted to high school students and teachers. The goal is to help students understand business concepts and the role that business can play in helping them realize their dreams.

The Stanford Graduate School of Business has started a fellowship that supports social entrepreneurship. Designed to help MBAs create nonprofits that benefit society, the one-year awards carry a stipend of US$80,000 per student, or US$120,000 for two-member teams led by a graduating Stanford MBA. Fellowship winners commit to build a successful nonprofit venture or innovation that addresses a particular social or environmental challenge, and are expected to work on their projects full-time during the fellowship year. The fellowships are part of a three-year pilot program developed by the school’s Center for Social Innovation, which cultivates leaders to address social and environmental problems.

Through its newly announced Barclays Global Retail and Commercial Bank Fellowship Program, the University of Chicago Booth School of Business will provide full-tuition scholarships to four incoming MBA students from Africa, South Asia and countries with emerging economies.

FROM THE FUNDRAISING DESK
A US$15 million gift from alumnus William R. Fry will support an undergraduate scholarship program for financially challenged students from underrepresented areas of society at the Kelley School of Business at Indiana University.

The Donald W. Reynolds Foundation has provided grants totaling US$5.3 million to Arizona State University to endow a faculty chair and expand the Donald W. Reynolds National Center for Business Journalism in the Walter Cronkite School of Journalism and Mass Communication.

Bringing his total contributions to the business school that bears his name to US$30 million, Honolulu businessman Jay Shidler has donated US$3 million to the Shidler College of Business at the University of Hawaii in support of a new one-year master's degree in Financial Engineering.

The financial holding company BB&T has pledged US$1 million to create the BB&T Program for Business Ethics in the College of Business Administration at the University of Central Florida. The gift will also support the school’s BB&T Professorship in Business Ethics.

Widener University has announced a US$5 million gift, the largest in the university's history, from alumnus David W. Oskin and family to fund a leadership institute at the university.

The University of Auckland has received a commitment of A$3 million from Charles Bidwill to establish the Charles Bidwill/University of Auckland Business School Entrepreneurial Challenge. The funds will support an annual competition designed to spark development and growth in New Zealand businesses.

A quarter of a recent US$10 million gift to the University of Dayton has been earmarked to support scholarships in the School of Business Administration. The gift was given anonymously.

NEW PROGRAMS

At Cornell University, the Center for Sustainable Global Enterprise in the Johnson Graduate School of Management is partnering with Cornell’s School of Hotel Administration and HEI Hotels & Resorts to offer a new course, Sustainable Global Enterprise Practicum in the Hospitality Industry, in which students work with hospitality industry leaders to devise innovative and more cost-effective solutions to social and environmental issues. …Warwick Business School has created an MBA program with an emphasis on the global energy industry. … The University of California, Irvine Extension has signed an articulation agreement with California Lutheran University and its California Institute of Finance through which students who complete the certificate program in personal financial planning at UC Irvine Extension can transfer up to five courses toward an online MBA in financial planning at California Lutheran University. … HEC Paris will partner with the Wisconsin School of Business of the University of Wisconsin-Madison in the development and delivery of a real estate program at HEC. … Thunderbird School of Global Management and the Graduate Institute of International and Development Studies have announced a new strategic collaboration in executive education through which Thunderbird will offer its executive MBA in Geneva. Both schools also plan to expand their offerings in executive education through collaborative, open enrollment programs and the development of a joint certificate. … Thunderbird also announced receipt of US$284,000 grant from Higher Education for Development through which it will send faculty members to Zayed University in the United Arab Emirates for joint work on case studies related to business in the UAE and its region. … The University of Michigan has started a dual graduate degree program leading to both a master of fine arts degree and an MBA. The program combines a rigorous business curriculum with immersion in the conceptualization, development and distribution of creative work. … In a partnership between the Boston Celtics and Suffolk University, students in the school’s Sawyer Business School will study and evaluate the team’s business, marketing, and community programs and will create and propose sports-marketing programs. … Long Island University plans to start an accelerated, five-year program in which students would earn both a bachelor’s degree in International Studies and an MBA. The program is a collaboration between the school’s colleges of liberal arts and management. … A new offering by the Desautels Faculty of Management at McGill University, the Program for International Competitiveness: Trade and Innovation, is designed to help Canadian companies better understand and use the trends driving globalization.

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