Graduate Management News

March 2013

The Newsletter of the Graduate Management Admission Council

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News Briefs

Nominate Your School for 2013 TeamMBA Award

Once again, TeamMBA is looking for exemplary examples of volunteerism at business schools to showcase with TeamMBA awards. TeamMBA is a global initiative established by GMAC to encourage students and graduate management programs to give back to their communities and work together on socially responsible projects worldwide. GMAC recognizes the best of that work annually with awards at GMAC’s Annual Conference. To be eligible to win a TeamMBA award at GMAC’s 2013 Annual Conference, make sure your school’s volunteering events are posted to the TeamMBA web site by May 31, 2013.

Canadian Schools Form MBA Alliance

Six of Canada’s business schools have joined forces to recruit prospective graduate students. The MBA Alliance, announced last month, aims to increase awareness worldwide of the high quality of MBA education programs in Canada, attract international talent to the country, and retain top Canadian talent. Members of the alliance include the Ivey School of Business at Western University, Desautels Faculty of Management at McGill University, Queen’s School of Business at Queen’s University, the Rotman School of Management at the University of Toronto, the Robert H. Lee Graduate School at the Sauder School of Business at the University of British Columbia, and the Schulich School of Business at York University.

Haas Teaches Teamwork

Business today is all about teamwork, but how do students learn to be good team players? MBA students at the Haas School of Business at the University of California-Berkeley are learning those skills in a program called Teams@Haas. A new component of the Berkeley Innovative Leader Development curriculum, Teams@Haas aims to give students a toolkit of skills to work more effectively in teams. The program helps students learn how to become active listeners, provide constructive feedback, and collaborate. At the end of the semester, a survey shows students how their team evolved and helps them recognize best practices in teamwork.

Startup Pitches Pay the Way to Business School

Two budding entrepreneurs won scholarships to business school by pitching their business ideas. Competing in the first-ever Texas Venture Labs Scholar Awards, held at the McCombs School of Business at the University of Texas at Austin, one would-be student touted the benefits of a rack designed to hold a cooking grill in a pick-up truck during tailgate parties. The other pitched an idea for a late-night marketplace featuring food trucks, artists, and live music. Contending with 12 semifinalists, the two each won a scholarship for a Texas MBA, pending their acceptance into the program. In addition, their ideas for business start-ups will be taken into the Texas Venture Labs Accelerator and both students will be considered for a summer internship and postgraduate work in the lab. Each winner’s prize package is worth up to US$175,000.

Vlerick Targets the Netherlands

Having launched a rebranding strategy last year, Belgium-based Vlerick Business School is moving aggressively to build market share in the Netherlands. Since 2010, Vlerick has doubled the number of customized programs in the Dutch market and seeks to increase its business there by another 10 to 25 percent.

“Our aim is to establish structural collaborations with more and more leading organizations in the Netherlands,” explains Patrick De Greve, director-general of Vlerick Business School. “Through new hybrid forms of training and development mixed with blended learning and gamification we can play our part in change programs focused on leadership, strategy, and innovation.”

B Schools Pursuing MOOCS

IE Business School and the Chinese University of Hong Kong have separately partnered with MOOC (massive open online course) platform Coursera. IE’s contributions include the course “Understanding Economic Policymaking,” which examines governments´ roles in influencing macroeconomic factors. CUHK will be hosting five debut online courses, including one on economics and finance. 

Thunderbird to Debut New MBA Curriculum

Thunderbird School of Global Management will launch a new MBA curriculum this fall. Designed to better meet the needs of employers and students, the revised program condenses the core curriculum from the current 20 months to 12 months, and will cost some US$20,000 less. Students will pursue theme-based modules that will enable them to take fewer classes concurrently and dive more deeply into content. They will also customize their MBAs with business concentration areas, internships, and global learning experiences. Modeling how a manager thinks and acts, cross-enterprise courses will provide deeper context by exploring case studies from the perspective of multiple disciplines.

The curriculum was designed with a “focus on developing graduates who can quickly apply their learning and easily combine analytical and quantitative skills with their global business knowledge,” says Thunderbird’s president, Larry Edward Penley. The program “keeps Thunderbird on the forefront of market trends in a changing global economy and in an ever-growing competitive business education landscape,” Penley said.

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