BU Continues Centennial Celebration
Boston University’s School of Management is continuing to celebrate its centennial over the rest of the 2014 school year. Over the 2013-2014 school year, several events were held in celebration of the school’s anniversary. This coming fall, the events will continue.
The School of Management has had a lot of firsts to brag about over the last 100 years. The history of the school includes being one of the first to admit women, being one of the first to institute specific curricula addressing nonprofit and healthcare management, and creating the first MS·MBA, a high-tech dual degree that merges technology with today’s business needs.
Boston University Announces New Harry Susilo Institute for Ethics in a Global Economy
Executive Harry Susilo has endowed a new Institute for the Boston University Graduate School of Management in order to promote dialogue and debate, through scholarly work in global ethics and by teaching cross-cultural business practices that focus on ethics in Western and Eastern cultures.
The Harry Susilo Institute for Ethics in a Global Economy is the School’s first permanently endowed center which was established in perpetuity by Susilo, and it marks a milestone for SMG as it strives for elite status among business schools. “We couldn’t be more pleased about this wonderful vote of confidence from Harry Susilo,” said BU President Robert A. Brown. “What began as a conversation about shared values between SMG Dean Ken Freeman and Harry Susilo has blossomed into a powerful tool for understanding and promoting ethical behavior in the business arena.” Continue reading…
Boston University School of Management MBA Team Heads to Final Round of the Aspen Institute MBA Case Competition
An MBA team from Boston University’s School of Management was selected to compete in the final round of the Aspen Institute’s 2014 Business and Society International MBA Case Competition.
Ji Chong (MBA ’14), David Cushman (MBA’14), Chris Kluesener (MBA’14), and Jonathan Sobin (MBA’14) are one of five teams chosen to compete in the third and final round in New York City.
“Being among the top five teams selected is a great honor for us and speaks to the strength of BU’s MBA program, which has given us the tools needed to compete at this level,” says Cushman. “Competitions are a worthwhile experience as part of an MBA as they allow you to apply what you’ve learned and explore current business challenges faced by real companies.” The Boston University team’s case subject is focused on marketing strategy and social impact revolving around a Mexican grain-processing company seeking to scale its operation in order to raise the standard of living and improve health in the rural Mexican town where it is based.
On April 4th the team presented their case to a panel judges, including senior corporate executives, in order to vie for a first place cash award of $15,000 with an additional $1,000 to donate to charity of the team’s choice. The competition’s prize pool is $35,000, unmatched in the MBA case competition circuit.
“If we won the competition we would likely choose a charity that has a sustainability-focused mission and a history of successfully realizing that mission, such as the Environmental Defense Fund,” says Cushman.
Boston MBA Programs Are Leaders in the Business of Healthcare
With many of the nation’s leading programs, Boston is a great place to get your MBA. But did you know it’s also a leader in business resources for the healthcare industry? Following up on our article last month about how one in every five members of MIT Sloan’s Executive MBA program works in healthcare, today MetroMBA takes a look at Boston’s other resources for the business of healthcare.
Even if you haven’t considered working in the industry before, you might want to keep reading: healthcare is one of the nation’s largest and fastest-growing industries, which, in a shaky economy, might be why MBA programs have seen a spike in healthcare-related interest nation-wide. Few cities, however, can match the resources offered by Boston, home to one of the most concentrated and prestigious collections of healthcare organizations in the world.
Leading the pack in MBA offerings is Boston University’s School of Management, which offers a specially designed Health Sector MBA. Founded in 1972, the program aims to prepare students for leadership positions in the healthcare industry, by its rich combination of education business fundamentals with established connections to Boston’s world-class medical facilities. Its specialties include biotechnology, pharmaceuticals, medical devices, diagnostics, hospitals and health systems, consulting, health information technology and insurance.
Though a more recent development than BU’s program, Simmons School of Management’s new Health Care MBA also seeks to connect students with Boston’s medical resources while offering a curriculum more focused on health-specific courses. With nearly two-thirds of its courses specific to the healthcare industry, and its location in the heart of one of Boston’s main medical hubs, Simmons is a strong choice for students with well defined interests in healthcare management. Finally, the Life Sciences and Healthcare Concentration at Babson College’s Olin Graduate School of Business also offers a specialized curriculum meant to prepare MBAs for careers in the health industries.
No longer just preparation for hospital administrators, health care MBAs are increasingly being used by students to pursue entrepreneurial aims. Students interested in combining their MBA with the resources of an accelerator can try out Boston’s Healthbox and Rock Health–two leading accelerators specifically designed for the healthcare industries.
It’s an exciting time for healthcare MBAs, and Boston’s top programs offer great opportunities to pursue the innovations that will define the future of the healthcare industry.