Graduate Management News

Biz Buzz: What’s New in Graduate Management Education

Enter Now to Win 2011 a TeamMBA award

Nominating your school for a 2011 TeamMBA award just got a lot easier. This year, every business school that posts updates about its volunteer activities on the TeamMBA website is automatically entered in the competition for GMAC’s 2011 TeamMBA awards, honoring social responsibility.

Posting on the TeamMBA website is a great way to let the world know what your students are doing to give back to society. The new interface at the TeamMBA site makes it easy and quick to register your event under the TeamMBA umbrella and submit stories, pictures, and videos that tell the world about the volunteer work taking place at your school. Once your update has been uploaded, your school will be in the running for the 2011 TeamMBA awards, which will be announced at the 2011 GMAC Annual Conference, June 22-24 in Boston. Also on the website, you can find out how to order free TeamMBA shirts for volunteers at your campus.

Now in its seventh year, Team MBA is an international initiative for students, faculty, and staff at business schools to perform community service or participate in charity events and show the world that graduate business students are serious about giving back. For more information, see the TeamMBA website.

Four Universities Partner in New International MBA

Four graduate business schools in North and South America are partnering to offer an innovative Master of Business Administration program for international executives. Schools in the partnership are FIA Business School, Fundação Instituto De Administração, in Brazil; Mexico’s ITAM, Instituto Tecnológico Autónomo de México; the Beedie School of Business at Simon Fraser University in Canada; and the Vanderbilt Owen Graduate School of Management in Nashville, Tennessee. Their collaborative program, the Americas MBA for Executives, is a two-year degree program that will offer 60 students the opportunity to study management issues in each of the four largest economies in the Americas. The program launches this August.

Each participating school will have a team of 15 students. Students will remain at their home school during their first year of either an executive or part-time MBA program. In their second year, students from all four schools will be grouped in cross-cultural study teams to conduct a yearlong, global capstone strategy project. The teams will also rotate together to each campus. Upon completion, students will receive a joint “Americas MBA” certificate awarded by the four schools as a complement to the degree they earn at their home school.

Executive Education Industry Predicts Strong Enrollment

A recent state-of-the-industry survey found optimism about the outlook for enrollment in executive education programs worldwide. Conducted by the International University Consortium for Executive Education, the survey found that 65 percent of participants predicted increased participation in their open enrollment programs this year, and that 78 percent projected an increase in customized executive education programs during 2011.

“As the survey trends indicate, the executive education industry is in positive transition as industries rebound and their leaders return for the educational and development opportunities provided by university-based executive education,” said Michael E. Malefakis, associate dean for executive education at Columbia University and co-chair of the UNICON benchmarking committee.

UNICON is a consortium of 97 member business schools.

All in the Family:  Dad and Daughter Pursue MBAs

We sometimes hear of siblings who are in college together, but an Ohio university can top that. This year finds Keith DeWalt and his daughter, Stacy Pearcy, both pursuing MBAs at Bowling Green State University. Father and daughter are enrolled respectively in the university Executive MBA and Professional MBA programs.

Both are accountants—Keith as co-owner of a CPA firm and Stacy with a manufacturer of solar energy products. Keith decided to pursue his MBA to support an interest in possibly teaching accounting at the university level, while Stacy’s motivation is to help her prepare for the CPA exam.


Part of a US$50 million gift to the School of Engineering & Applied Science at Yale University from alumnus John Malone will help underwrite two professorships with joint appointments in the School of Management.

Shrinivas V. Dempo has donated US$3 million to endow a “reflection” chair, named after his grandfather and focused on teaching and research related to India, at the Tepper School of Business at Carnegie Mellon University. The school describes the reflection chair as a new concept intended to formally link faculty at Carnegie Mellon and leading universities in India. There will be two Vasantrao Dempo Professors at a time, one at Carnegie Mellon and one in India. A faculty member at Carnegie Mellon will be appointed to the chair for a renewable tenure of four years. An Indian scholar who partners with the chair will be a senior, tenured faculty member at an Indian university.

A pledge of US$3 million from Howard Levine and his wife, Irene, to the Anderson School of Management at the University of California-Los Angeles will support the new Howard and Irene Levine Chair in Real Estate, Finance and Economic Policy and an annual lecture on business ethics.

Fluor Corporation and Savannah River Nuclear Solutions have given US$1.5 million to the University of South Carolina to help establish a Center of Economic Excellence for the Hydrogen Economy, which includes an endowed chair in innovation in the Darla Moore School of Business.

Indiana University’s Kelley School of Business has been awarded a grant of US$1.35 million from the U.S. Agency for International Development and Higher Education for Development to help the nation of Barbados stimulate company creation. The Kelley School’s new Institute for International Business will administer the grant.

At University College Dublin, the Michael Smurfit Graduate Business School, in partnership with Bord Bia, the Irish Food Board, has started a €1 million scholarship program.


Babson College has partnered with MassChallenge to create Babson graduate student “hatchery” space in Boston’s Innovation District. Part of the Babson Venture Accelerator, hatcheries function like incubators where student entrepreneurs have access to professional and semiprivate workspace to grow their businesses. … Cass Business School, part of City University London, recently announced several new short courses—on such topics as oil and energy, global real estate markets and Islamic finance and economics—at its campus in the Dubai International Financial Centre. … The Samuel Curtis Johnson Graduate School of Management at Cornell University has created an Entrepreneurship and Innovation Institute, which will act as a hub for entrepreneurial research, education, and programs. … The College of Business at East Carolina University has started a program in risk management and insurance. … ESSEC Business School has partnered with MasterCard Worldwide to create the MasterCard-ESSEC Luxury Brand Management Executive Program, with 2011 sessions planned in both Singapore and Shanghai. … Extending the success of the Georgetown-ESADE Global Executive MBA, Georgetown University’s McDonough School of Business and the ESADE Business School in Spain have entered into an alliance that includes the ESADE-Georgetown Global Management Research Initiative, which will have centers in both Washington and Barcelona. The schools also plan expanded collaborations in executive education. … HEC Montréal has started an Institute on Structured Finance and Derivatives. … In ceremonies in London on March 8, INSEAD and the Wharton School of the University of Pennsylvania marked the 10th anniversary of the INSEAD-Wharton Alliance, through which more than 1,000 MBA students have participated in student exchanges. … The School of Hospitality Business at Michigan State University, a unit within the Eli Broad College of Business, has started a Real Estate Development Institute. …

The Institute of South Asian Studies at the National University of Singapore and the Economics and Social Sciences Area at the Indian Institute of Management-Bangalore have agreed to collaborate on research. … A new program at Portland State University is helping start-up businesses that share a mission of social change. The Circuit Program is a six-month social entrepreneurship training course and mentoring program for budding innovators. … The Fox School of Business at Temple University has launched a Center for Design+Innovation, with goals that include integrating design into the MBA curriculum and design-related executive education programs. … Celebrating its 75th anniversary, UCLA Anderson School of Management at the University of California-Los Angeles has released “100 Points of Inspiration,” a list of some of the school’s most illustrative faculty and alumni. “From humble beginnings during the Great Depression, when seven professors taught economics, handwriting, accounting, and auctioneering, UCLA Anderson has always been about creative ideas that question convention,” said the school’s dean, Judy Olian, adding that the 100 Points list “illustrates the remarkable impact our alumni have had around the globe across all walks of life.”… The Rady School of Management at the University of California, San Diego, where technology transfer is a signature component of the MBA program, is partnering with the Swedish organization to speed technology transfer from universities and to help companies enter the US market. Focused on wireless technology, life sciences, clean tech and defense in the San Diego area, the partnership will create hands-on learning experiences for students. … The University of Cape Town Graduate School of Business has started a sustainability-focused Centre in Values-based Leadership. …

The School of Business Administration at the University of Miami has announced a Spanish-language Global Executive MBA program, designed for senior business executives working in or doing business with Latin America. … The Oregon Executive MBA program, a consortium between the University of Oregon, Oregon State University, and Portland State University, has announced that it will end its partnership in the next two years. … The Wharton School of the University of Pennsylvania has started Knowledge@Wharton High School  [],  a free web publication aimed at high school students and their teachers. The site’s articles, videos, learning simulations, and interactive tools will promote financial literacy and a deeper understanding of how business works. … The University of Richmond has opened Queally Hall, a 37,000-square-foot expansion of its Robins School of Business. … The College of Business Administration at the University of Tennessee, Knoxville has retooled its Executive MBA for Strategic Leadership program to help students learn to think above their current pay grade. The program includes a stronger focus on leadership development, an increased emphasis on global supply chain issues, and additional content on organizational competitive strategy. …

At the University of Toronto’s Rotman School of Management, the Rotman International Centre for Pension Management and Rotman Executive Programs have partnered to developed a Board Effectiveness Program For Pension and Other Long-Horizon Investment Institutions. … The Darden School of Business at the University of Virginia has started the Behavioral Research at Darden, an interdisciplinary laboratory that will support data collection for behavioral research on business-related topics. …

To help start-up and small- and medium-sized businesses, Warwick Business School at the University of Warwick has started the Warwick Business Growth Network, described as a “trusted environment for members to meet and generate ideas, share experience and best practice, and to provide a bigger, collective voice to be heard at government level.” The school also offers an entrepreneurship mentoring program to support alumni who are close to launching a business. …

The Canadian Investor Relations Institute and the Richard Ivey School of Business at the University of Western Ontario have finalized a curriculum for the CIRI/IVEY Investor Relations Certification Program, a 10-month program that will credential certified investor relations professionals. … The Odette Project for Technology, Innovation and Commercialization at the Odette School of Business at the University of Windsor has launched a business incubator to support start-up businesses and entrepreneurs. … Wake Forest University has leased space in the Uptown section of Charlotte, North Carolina, that will serve as a Charlotte campus for its Schools of Business. ... The Department of Energy, Environmental & Chemical Engineering and the Olin Business School at Washington University in St. Louis have announced a dual-degree program with a focus on energy, the environment, and corporate sustainability. Students will earn an M.Eng and MBA degree in two-and-a-half years. …

University World News reports that two European business schools are creating an alliance that goes far deeper than typical arrangements. In addition to partnering in research and teaching and developing joint programs, the Burgundy School of Business in France and Oxford Brookes University Business School in England plan to also blend elements of their administrative functions and eventually to cooperate in marketing, corporate relations, and finance. … The Mihaylo College of Business and Economics at California State University-Fullerton is launching a 16-month full-time MBA program focused on "soft skills,” including interpersonal relationships, leadership, communication, and decision making. … Elms College, in Chicopee, Massachusetts, has announced plans to start an MBA program this fall. Concentrations will include accounting, healthcare leadership, and management. … Sify News reports that the Indira Gandhi National Open University has started a two-year Master’s in Business Administration program in corporate governance. … London School of Business and Finance has opened its first campus in North America, in Toronto. … Gulf Times reports that Qatar University’s College of Business and Economics is starting a Masters in Accounting degree—the  first in Qatar and the college’s second advanced degree, following its MBA. … In Upstate New York, St. John Fisher College and Monroe Community College have created a 2+2+1 master of business administration program that allows students to complete their associate degree, bachelor of science, and MBA degrees in five years. … The University of Louisville College of Business has expanded its international MBA program with a partnership with the National Management School of Chennai, India. … Starting this fall, the Reno College of Business at the University of Nevada will offer an Executive Online MBA Program. … An executive education program in Global Real Estate Sustainability, jointly offered by the Harvard Graduate School of Design and the University of Reading Henley Business School, has been scheduled for May 2010. … USB Executive Development Ltd, the public executive development and training company of the University of Stellenbosch Business School, has created a sustainability-focused Centre for Business in Society. USB has also started the first Postgraduate Diploma in Dispute Settlement in South Africa. … The University of Wales, Newport has opened a £40 million building that houses its Newport Business School along with programs from its School of Art, Media and Design. … Beginning this fall, a recently approved PhD program in business administration at the West Virginia University College of Business and Economics will start a phased roll-out of majors in accounting, finance, management and marketing.