Graduate Management News

September 2013

The Newsletter of the Graduate Management Admission Council

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News Briefs

  • Columbia Business School Revamps MBA Curriculum. Columbia Business School has redesigned its core curriculum for first year MBA students. Among other changes, the new curriculum places a credit-bearing leadership course during student orientation rather than in the first semester and increases the number of electives that first-year students can take. The core course “Decision Models” will now emphasize big data. Columbia is also taking online some technical components of course content. Additional changes include refreshed content that further infuses entrepreneurial thinking into various courses, and expansion of the school’s integrated case study, a real-world problem-solving experience. “Changes in business and the global economic environment are accelerating at unprecedented paces,” said Glenn Hubbard, dean of Columbia Business School. “The changes to our core curriculum are designed to respond to these shifting dynamics.”

  • IBM Expands Partnerships with Universities Around Big Data. Focusing on big data and analytics, IBM has added nine academic collaborations to its more than 1,000 partnerships with universities across the globe. As part of IBM’s Academic Initiative, the company is launching new curricula with Georgetown University, George Washington University, Rensselaer Polytechnic Institute and the University of Missouri, and expanding its partnership with Northwestern University. Internationally, IBM is partnering with Dublin City University, Mother Teresa Women’s University in India, the National University of Singapore, and the Philippines’ Commission on Higher Education to offer data-driven degree programs, coursework, and specialization tracks. The company said the new partnerships are designed to help prepare students for the 4.4 million jobs that it says will be created worldwide to support big data by 2015.

  • Haas Helps Turn Scientists into Entrepreneurs. Dozens of scientists and engineers with hopes of making their mark on everything from safe driving to software development met at the University of California, Berkeley this summer to take part in an entrepreneurship program funded by the National Science Foundation. The Lester Center for Entrepreneurship, based in the Haas School of Business, is leading the three-year Bay Area NSF Innovation Corps (I-Corps), which provides training, mentoring, and other services to help NSF grant holders accelerate commercialization of their technologies. One foundation of the program is to encourage entrepreneurs to develop business models rather than business plans, and to iterate their models quickly and frequently.

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