Graduate Management News

January 2016

The Newsletter of the Graduate Management Admission Council

Global Program News

Get the latest news in the graduate management education industry.

  • Stanford to launch new course for LGBT professionals. University’s Graduate School of Business has announced that it is launching a new course for LGBT mid-career professionals who want to achieve executive-level positions. The first week-long course at the will take place at the end of July. According to The Wall Street Journal, individuals can directly apply to join the LGBT Executive Leadership Program, or candidates with at least a decade of professional experience and five years of management experience can be nominated by their employers. The course will address topics like authentic leadership and being open about sexuality at work – as well as exploring the psychology of power and offering participants the opportunity to build their own network of LGBT peers.

  • Crummer appoints new dean. Deborah Crown has been named dean and professor of management at the Rollins College Crummer Graduate School of Business, effective July 1, 2016. She will succeed Thomas McEvoy, who has served as interim dean since July 2014. Since 2011, Crown has served as dean of the College of Business and professor of strategic leadership at Hawaii Pacific University, the state's largest private university. As dean she has led the development and implementation of the college's strategic plan; increased net revenue, scholarship funds, and retention and graduation rates; and spearheaded the transition to a comprehensive, student-centered facility. In 2008, she was named associate dean of the Lucas Graduate School of Business and Lucas Endowed Professor of Strategic Leadership at San Jose State University. Crown received her undergraduate degree in psychology from North Central College in Naperville, Illinois, and her MS and PhD degrees in business administration from the University of Colorado.

  • Yale receives record endowment for deanship. PepsiCo's CEO Indra Nooyi has become the biggest alumni donor and the first woman to endow a deanship at a top business school, after she gifted an undisclosed amount to the Yale School of Management. Nooyi gifted an amount, which was not made public, to the deanship of the school and inaugurated the Fifth Decade Innovation Fund, according to the school. With this gift, Nooyi becomes the "most generous graduate" of Yale School of Management in terms of lifetime giving to the school, and she is the first woman to endow the deanship at a top business school. The Fifth Decade Innovation Fund is named in recognition of the fact that the school is entering its fifth decade, as the first class entered the Yale School of Management in 1976.