Graduate Management News

January 2017

The Newsletter of the Graduate Management Admission Council

Global Program News

Get the latest news in the graduate management education industry.

  • Harvard, Stanford, and INSEAD add courses on managing the algorithms that help businesses make better decisions. In January, Business Because reported that Harvard, Stanford’s Graduate School of Business, and INSEAD of France, among other top-tier b-schools, have added courses in artificial intelligence to help students understand the industrial and information technologies that are shaping careers at tech companies such as Google and Tesla that are relying on the development and application of algorithms across businesses.

  • INSEAD Business School and alumni join forces to invest in startups. INSEADAlum Ventures has launched a US$700,000 fund to invest globally in startups founded by INSEAD alumni. The venture’s first investment is UK-based, smart thermostat startup Switchee Ltd where it participated in a £480,000 (US$584,000) seed round. InseadAlum Ventures is based in Singapore, but targets global investment opportunities in companies co-founded by at least one INSEAD alum. It will provide seed funding, value-added resources and mentorship to startups with high–growth potentials. Interested alumni can contact InseadAlum Ventures through their online application portal. The investment firm was founded by two INSEAD alumni with successful track records as both entrepreneurs and investors – Deepak Shahdadpuri (‘98) and Will Klippgen (‘03).
  • Notre Dame establishes Center for Human Development and Global Business. Through a gift from Andrew J. McKenna Sr., a University of Notre Dame alumnus and emeritus chairman of the Board of Trustees, the University of Notre Dame has established the Andrew J. and Joan P. McKenna Center for Human Development and Global Business. The McKenna Center for Human Development and Global Business will be a central part of Notre Dame’s new Donald R. Keough School of Global Affairs. The McKenna Center will join seven other University centers and institutes under the auspices of the Keough School – the Center for Civil and Human Rights, Notre Dame Initiative for Global Development, Kellogg Institute for International Studies, Keough-Naughton Institute for Irish Studies, Kroc Institute for International Peace Studies, Liu Institute for Asia and Asian Studies and Nanovic Institute for European Studies.