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Biz Buzz: What’s New in Graduate Management Education

Nurturing Entrepreneurship in Northwest Africa

A year after an uprising in Tunisia toppled the dictatorship there, a team of professors from the Lally School of Management and Technology at Rensselaer Polytechnic Institute and Institut des Hautes Etudes Commerciales, the Institute of Advanced Business Studies in Tunisia, has released a roadmap to help sustain economic growth in northwest Africa. The professors recently released Entrepreneurship and Innovation in the Maghreb, a publication that offers practical tools and strategies for entrepreneurs. The Maghreb region encompasses Tunisia as well as Algeria, Mauritania, Morocco, and Libya. Among other topics, the publication explores the expanding role of universities in the region. Financing for the publication was provided by the Middle East Program Initiative of the US Department of State.

Duke Advances Programming in China

Duke University has approved a proposal to offer a Master of Management Studies program in Kunshan, China, which will be led by Duke’s Fuqua School of Business. It is the first program to gain Duke approval for operations at Duke Kunshan University, a joint venture with the City of Kunshan and Wuhan University to create a US-modeled university in China. Duke and its partners are working with the Chinese government to secure needed permissions there for the program. The one-year, pre-experience program calls for students to split time between Duke’s main campus and the DKU campus and will lead to a Duke degree. Long-term plans call for DKU to serve both as an educational center offering degree programs and as a base of operations to support research and scholarship throughout China.

Six Schools Earn AACSB Accreditation

The Indian School of Business and SDA Bocconi are among six business schools that have recently earned AACSB accreditation, marking the first time that students in India or Italy can pursue an AACSB-accredited business degree. Kyungpook National University in Korea, National Cheng Kung University and Yuan Ze University in Chinese Taipei, and Stonehill College in the US are also now AACSB-accredited.

ISB Observes 10th Anniversary

The Indian School of Business dedicated 2011 to celebrating its 10th anniversary. Founded in 2001, ISB has quickly distinguished itself as a flagship institution at the vanguard of management education in India. Founded with guidance from the Kellogg School of Management and the Wharton School in the US, ISB began with just four faculty members. Today it has nearly 50 professors. Its researchers have carved out a distinctive niche in work related to emerging markets as well as India and Asia. ISB already claims more than 3,500 alumni of its post graduate program in management. With more than 12,000 graduates of its executive education programs, it is the largest provider of executive education in India. The youngest institution in the world to be ranked among the top 20 global b-schools by the Financial Times, ISB is launching a second campus in Mohali.

Haas Starts Courses in Innovation, Ethics

Innovation and ethics are the respective foci of two short courses offered by the Center for Executive Education at the Haas School of Business at the University of California-Berkeley next month. The Executive Program in Innovation and the Leading with Ethics and Compliance course reflect the school’s work to refine its mission to train “path-bending” leaders. “Leaders today must be completely comfortable operating in places where there is no playbook,” said Whitney Hischier, assistant dean of executive education. “Our goal is to offer edgy, experiential programs that are a catalyst for personal and business transformation.”

NEWS IN BRIEF

  • Building on its existing brand, SDA Bocconi has opened a business school in Mumbai. The institution is named the Mumbai International School of Business Bocconi.
  • Two new international doctoral programs have come to fruition. IESE Business School and China Europe International Business School are partners in the IESE-CEIBS PhD Program. Manchester Business School and Shanghai Jiao Tong University’s Antai College of Economics and Management have partnered to create a DBA program.
  • The UCLA Anderson School of Management has launched a Global Impact Map, a website designed to chart the achievements of members of the UCLA Anderson community throughout the world.
  • The Executive MBA Council has released EMBA Up Close: What You Need to Know About the Executive MBA, an e-book that offers tips to students who are thinking about pursuing an executive MBA. It is available for download at http://www.executivemba.org/.
  • Recent research showed that 98 percent of business executives think public relations should be included in business school curriculums. To meet that challenge, Paul Argenti, a communications professor at Dartmouth College’s Tuck School of Business, is working with the Public Relations Society of America to develop a PR curriculum that can be taught in MBA programs. The partnership plans to pilot the coursework at Tuck and four other yet-to-be-named schools this year, with a goal of expanding the initiative nationwide in 2013.
  • To address a growing market demand for analytics-savvy graduates, IBM is expanding its academic initiatives for business analytics with new programs in China, India, Ireland and Scotland. DePaul University, Fordham University, Northwestern University, the University of Southern California, and Yale School of Management are among the institutions working with IBM to develop curriculum and training on business analytics.

FROM THE FUNDRAISING DESK

Duke University has announced that trustee and former HCA CEO Jack O. Bovender Jr., and his wife, Barbara, have established a bequest of US$25 million, of which US$10 million is earmarked for the health sector management program in Duke’s Fuqua School of Business.

Indiana University’s Kelley School of Business announced that James R. Hodge, an alumnus and president of Permal Asset Management Inc. has donated US$15 million for its undergraduate building renovation and expansion project. The gift was originally announced as an anonymous donation in February 2009.

With gifts of US$4 million from Carl H. Lindner III and his wife, Martha, through The Psalms Foundation and US$1 million from Great American Insurance Group, the University of Cincinnati’s Carl H. Lindner College of Business is starting a center for insurance and risk management. The college has also received US$1 million from John and Gloria Goering to endow a professorship.

Gifts totaling US$5 million from the John and Marnie Demmer family to Michigan State University’s Broad College of Business will fund a center that will help Michigan-based companies strengthen their competitive performance.

The University of British Columbia has received a C$2.2 million donation from BMO Financial Group, of which C$1.95 million will support a program to support research and innovation in family businesses at UBC’s Sauder School of Business.

The J. Mack Robinson College of Business at Georgia State University has announced that the Coca-Cola Foundation has awarded US$1.3 million to the university to recruit, retain, and graduate students who are first in their families to attend college, and to train business students for leadership in global markets through study abroad.

BNY Mellon has given US$1 million to the Tepper School of Business at Carnegie Mellon University to continue funding for a named professorship in finance.

A US$5 million gift from the Mitchell P. Rales Family Foundation will be used to create a chair in business leadership at Miami University’s Farmer School of Business.

St. John Fisher College has received US$2 million from Victor E. Salerno, an alumnus and trustee. The gift will be used to build a new home for the Ronald L. Bittner School of Business, which will be called the Victor E. Salerno Center for American Enterprise.

NEW PROGRAMS

Copenhagen Business School has revamped its executive MBA program, which now includes coursework in corporate social responsibility, innovation, and entrepreneurship. … Johnson at Cornell University has announced a fellows program designed to help students build expertise in emerging markets. … Women Empowerment at RSM, or WE@RSM, a new initiative at the Rotterdam School of Management, Erasmus University, is designed to encourage women to empower other women in business networks and high-performance environments. … Harvard Business School has launched the US Competitiveness Project, a comprehensive effort to generate ideas and actions that boost the ability of companies in the US to compete in the global economy and raise American living standards. Separately, HBS will host the executive program Risk Management for Corporate Leaders early next month. … IE Business School is collaborating with Brazilian business school INSPER on a program for senior management. The joint program will run for two weeks, one of which will be taught at the INSPER campus in São Paulo and the other at the IE campus in Madrid. The program targets top-tier executives in large Brazilian business organizations. … The Indian School of Business is collaborating with the MIT Sloan School of Management to develop two new institutes, the BML Munjal Institute of Manufacturing Excellence and Innovation and the Punj Lloyd Institute of Physical Infrastructure Management. … Nanyang Technological University has launched an executive training program for Vietnam’s senior government officials. … SVKM’s Narsee Monjee Institute of Management Studies is collaborating with Amba Research, a global investment research firm, to offer a corporate valuation/equity research program for finance professionals. …

Penn State Executive Programs, the executive education division of the Pennsylvania State University Smeal College of Business, is partnering with the Southern Maryland Higher Education Center to deliver supply chain executive education programs in southern Maryland. … This month, Stanford Graduate School of Business introduces an executive education program, Executive Leadership Development: Analysis to Action. … University College Dublin and Elan Corporation, a biotechnology company, have partnered to create an interdisciplinary chair in the “Business of Biotechnology,” which will exist at the intersection of the UCD Smurfit Graduate School of Business and the UCD College of Science. … The University of Arizona has established a technology commercialization center under the leadership of Len Jessup, dean of UA’s Eller College of Management. …

The University of California-Davis Graduate School of Management has launched a school-wide diversity plan led by newly appointed Chief Diversity Officer Linda Oubre. … Starting this September, the University of Edinburgh Business School will offer MSc programs in banking and risk, financial management, and human resource management. …

The University of Michigan’s Ross School of Business has announced that it will offer its 20-month executive MBA program in Los Angeles beginning in this August. Separately, the Samuel Zell and Robert H. Lurie Institute for Entrepreneurial Studies in the Ross School has joined forces with the Institute of Entrepreneurship and Innovation in Michigan State University’s Broad College of Business to create the Michigan Entrepreneurship Education Leaders Forum, designed to advance entrepreneurship in the state. … At the University of Pennsylvania, Penn Dental Medicine has established a dual-degree program with the Wharton School that will enable students to earn their DMD and MBA in five and a half years. … The Katz Graduate School of Business at the University of Pittsburgh has started a program that pairs MBA students with mentors from Pittsburgh industry. …At the University of Warwick, the Warwick Business School has started an MSc option in Finance & Information Technology. … The real estate program at Virginia Commonwealth University’s School of Business has signed an agreement with the Certified Commercial Investment Member Institute to become a partner in the association’s University Alliance Program, which helps students and graduates achieve their real estate career goals. … The Schulich School of Business at York University has announced plans to launch an MBA specialization in global mining management, starting in September. …

Students from Albright College may now seek early admission to MBA and master of science in human resource management programs at Moravian College. … The Asian School of Business has secured approval from the All-India Council for Technical Education for its two-year, full-time post-graduate program in management. … Bard College has announced plans to offer an MBA in Sustainability program in New York City. … Cheung Kong Graduate School of Business is partnering with the Malaysian government’s Human Resources Development Fund and a management consulting firm to deliver custom executive education programs to the senior leaders of companies and government agencies in Malaysia, Indonesia, and other ASEAN countries. … Florida National College has announced plans to start an MBA program. … Laurentian University is collaborating with the Insurance Brokers Association of Canada to offer an online MBA program and an online honours bachelor of commerce program. … Louisiana State University, home to the E. J. Ourso College of Business, has announced plans to cooperate with the College of Management at National Taiwan University on research, the exchange of faculty and students, and other mutual interests. … Beginning this fall, Loyola University Chicago’s Graduate School of Business will offer a master of science in supply chain management program. … Moscow Business School is partnering with Cisco to create an executive education program, MBA iExecutive. …

Our Lady of the Lake University has launched online programs leading to the MBA and master of science in organizational leadership…..The Lubin School of Business at Pace University has formed a strategic alliance with the Association of International Bank Auditors to offer a certified compliance and regulatory professional certificate program. … Parsons The New School for Design will start a master of science in strategic design and management program this fall, targeting entrepreneurs as well as business professionals who seek to complement their expertise with design capabilities and design practitioners who want to develop their skills in business and leadership. …

Rivier College is offering online MBA programs in healthcare administration and information technology management. … Starting in May, Rutgers School of Business–Camden will offer the Rutgers professional MBA program in Atlantic, Cape May, Cumberland, and Salem counties of New Jersey….. The College of Management at the University of Massachusetts Boston has added a PhD program in business administration. … The University of Stellenbosch Business School will now offer weekend programming for its part-time management development program and senior management development program. In addition, USB is expanding its footprint in East Africa by partnering with the consulting firm Intellect Unlimited to support students from such countries as Kenya, Uganda, and Tanzania who enroll in one of the USB’s degree and postgraduate diploma programs. …

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