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Sep 5, 2018

STEM Startups, Notre Dame’s New Master’s, and More – Chicago News

STEM Startups

Let’s explore some of the most interesting stories that have emerged from Chicago business schools this week.


Why a Choice Doesn’t Feel Like a Choice When Morality Enters the PictureKellogg Insight

In new research co-authored by Northwestern Kellogg Assistant Professor of Management and Organizations Maryam Kouchaki finds that “across cultures, when people view a particular decision as being moral in nature, they don’t feel like they are making a choice at all, and they pay less attention to alternative courses of action.”

In other words, “people who viewed a particular issue as moral experienced a lower sense of choice when making a decision related to that issue, as compared to people who did not view the issue as moral.”

Kouchaki notes, “Even though they did the most amazing thing, it wasn’t like they felt that they deliberated. They felt like they had no choice. Their sense of freedom has been constrained and it has a spillover effect for your actual behavior.”

The study was co-authored by Cornell’s Isaac Smith and Nanyang Technological University’s Krishna Savani of Nanyang Technological University.

You can read the full article here.

Notre Dame launches New Graduate Degree in Business AnalyticsMendoza Ideas & News

Notre Dame’s Mendoza College of Business just announced its new one-year, 31-credit-hour Master’s of Science in Business Analytics (MSBA), designed for “pre-professional students with little or no work experience.”

In a recent release, John W. Berry, Sr. Professor of Business and Chair of the Information Technology, Analytics, and Operations Department, describes MSBA students:

“They were either recent graduates that didn’t have the work experience, or international students interested in the STEM degree who wouldn’t be able to work while earning their degree.”

According to the school, the program’s goal is to “provide a rigorous education in applying analytical techniques to massive data sets to solve business problems — knowledge that has become critically important due to revolutionary advances in information technology.”

Katherine Spiess, Associate Dean for Graduate Programs at Mendoza adds, “In addition to learning about cutting-edge data analytics, our MSBA students have the opportunity to explore the ethical dimensions of collecting and analyzing data to promote business as a force for good in society.”

You can find out more about the brand new Notre Dame Master’s of Science in Business Analytics here.

MakerGirl Thrives and Expands to New HeightsGies School of Business News

MakerGirl, a nonprofit founded by Gies College of Business students to enable “college students to teach science, technology, engineering, and math (STEM) skills to girls ages 7-10,” recently expanded its operations to include robotics and special coding classes at Northwestern University and announced plans to collaborate with DePaul University.

The goal of MakerGirl’s founders is to “impact 10,000 girls by 2023, including half from underrepresented and rural communities.”

Image result for MakerGirl

The nonprofit MakerGirl startup is built to help introduce young women with leading STEM graduates / Photo via https://www.kickstarter.com/projects/1501163298/makergirl-goes-mobile-midwest-edition

Julia Haried (’15 ACCY, ’16 MAS) and full-time employee at Deloitte, recently spoke about how invaluable the support of the school has been to the launch and growth of MakerGirl.

“In [my social entrepreneurship] class, the idea was born and incubated by myself and co-founder, Elizabeth Engele, and supported by course instructors. The idea was further launched in the iVenture Accelerator, a Gies-supported venture accelerator that gave us $10,000, mentorship, and a summer to grow MakerGirl’s impact at the Research Park. Because of these experiences, I was challenged and encouraged to solve a big social problem.”

Co-founder Elizabeth Engele also adds, “It’s so much fun and fulfilling to build a program that creates a meaningful experience for girls right now that also impacts their future. We have witnessed girls self-identify as MakerGirls after the program, which is incredibly powerful for themselves, their families, and their communities.”

She continues, “MakerGirl brings me the greatest joy when I see young girls get excited about science, technology, engineering, and math, and literally shift who they perceive themselves to be in the world.”

You can read more from the interview here and visit MakerGirl’s official site for more information.

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Aug 29, 2018

Government Cyberattacks, the Perception of Lies, and More – Chicago News

Government Cyberattacks

Let’s explore some of the most interesting stories that have emerged from Chicago business schools this week.


How Governments Can Better Defend Themselves Against CyberattacksKellogg Insights

Northwestern Kellogg Managerial Economics and Decision Sciences Professor Sandeep Baliga recently co-authored new research with University of Chicago’s Ethan Bueno de Mesquita and MIT’s Alexander Wolitzky, which articulates a new theory about how victims of cyber aggression might choose to retaliate—or not—against shadowy aggressors.

Baliga explains that their model presents a theory that “cyber warfare is inherently multilateral.”

“If the standard of proof is satisfied, yeah, then you should react super aggressively. But when there’s a lot of noise, you might actually want to back off because others may exploit your policy by hiding behind misidentification. If somebody wants to trigger a war between us and China, then they have every reason to do a hack that looks like China did it.”

Baliga adds, “If nations get better at both detecting attacks and identifying their perpetrators, then cyber peace is more likely to prevail.”

You can read the full article on the future of government cyberattacks here.

New Study Finds When Telling Lies, Perception MattersBooth News

Chicago Booth Assistant Professor Emma Levine recently co-authored new research with UCLA Anderson’s Adam Eric Greenberg and Deakin University’s Matthew Lupoli that finds that “well-intentioned lies can spark strong resentment from the person who is deceived.”

In other words, “Telling a lie in order to help or protect someone—a practice known as prosocial lying—backfires if the person being lied to perceives the lie as paternalistic,” meaning lies that require the “liar to make assumptions about whether lying is in the deceived party’s best interest.”

Emma Levine

Photo via newschicagobooth.uchicago.edu

Levine explains the trio’s findings, which were published as part of a paper entitled “Paternalistic Lies” in Organizational Behavior and Human Decision Processes:

“We sometimes tell lies to others believing that they will help, when in reality we are acting upon a paternalistic assumption that lying is better than the truth. Our research demonstrates that in these situations, the individual on the receiving end is likely to resent deception.”

You can read more about the research here.

Faculty Focused on Workplace Wellness Continue to Steer the DiscussionGies College of Business News

Gies College of Business Assistant Professors of Finance David Molitor and Julian Reif co-authored The Illinois Workplace Wellness Study, whose results examine the efficacy of a homegrown wellness program.

According to the website, “The study’s findings will empower employers, public health professionals, and policymakers to make more informed decisions regarding the implementation of workplace wellness programs throughout the United States.”

You can find more here.

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Aug 28, 2018

MBA Deadline Dates You Should Know in September

September MBA Deadlines

September may mean that summer’s over, but it’s also a time to start to look forward to new beginnings! Stay on track of September MBA deadlines and get those mid-fall and winter program intake applications in. Continue reading…

Posted in: Advice, Deadlines, Featured Home, News | Comments Off on MBA Deadline Dates You Should Know in September

Aug 27, 2018

New MBA Jobs: McKinsey, AT&T, Barclays and More

Big time companies are hiring in some the world’s most bustling metros. Check out the hottest new MBA jobs at top consulting companies, supply chain departments, and financial institutions across the country below:

Continue reading…

Posted in: Advice, AT&T, Barclays, Career, Featured Home, MBA Jobs, McKinsey, News | Comments Off on New MBA Jobs: McKinsey, AT&T, Barclays and More

Aug 23, 2018

Cornell Study Reveals Curious Fashion Findings, and More – New York News

cornell study

Let’s explore some of the most interesting stories that have emerged from New York business schools this week, including curious new findings from a recent Cornell study.


How Disclosing Sponsored Content Affects Consumer Trust in BloggersJohnson Business Feed

Cornell University SC Johnson Graduate School of Management Assistant Professor of Management and Organizations Sunita Sah, along with Georgetown’s Prashant Malaviya and Debora Thompson, recently co-authored new research that examines how “consumers react to disclosures of sponsorship from fashion bloggers.”

In a recent release from the Johnson Business Feed, professor Sah writes, “In contrast to much of the previous research on conflict of interest disclosures, we found that in the context-rich setting of online blogs, conflict of interest disclosures have the unanticipated consequence of increasing, rather than decreasing, consumer trust in the blogger and their expertise.”

Sah explains how the blogosphere could more effectively handle disclosures:

“If the purpose is to protect consumers by assuming they will make the necessary adjustments to the advice they receive, it’s crucial that we consider the impact of processing by readers and thoroughly understand any unintended consequences that may occur. We may just have to think harder for solutions other than disclosure to manage conflicts of interest.”

You can find more about the Cornell study here.

Round-the-Clock Work Emails Impact Health, RelationshipsLehigh College of Business and Economics Blog

New research co-authored by Lehigh University College of Business and Economics Associate Professor of Management Liuba Belkin, Virginia Tech’s William Becker, Colorado State’s Samantha A. Conroy, and Virginia Tech doctoral student Sarah Tuskey finds that “personal relationships and home life suffer for those tied to their work emails round-the-clock.”

Liuba Belkin, Ph.D., Lehigh Associate Professor of Management

According to the Lehigh College of Business and Economics Blog, the study is the first to “test the relationship between organizational expectations to monitor work-related electronic communication during non-work hours and the health and relationship satisfaction of employees and their significant others.”

Belkin notes that round-the-clock work emails are “an insidious stressor that not only increase employee anxiety, decrease their relationship satisfaction and have detrimental effects on employee health, but also that they negatively affect partner (significant other) health and marital satisfaction perceptions.”

Belkin recommends that organizations “set off-hour email windows and limit use of electronic communications outside of those windows or set up email schedules when various employees are available to respond.”

The researchers presented “Killing Me Softly: Electronic Communications Monitoring and Employee and Spouse Well-Being” at the Academy of Management annual meeting in Chicago earlier this month and is due for publication in the Academy of Management Best Paper Proceedings.

You can read the full article here.

Professor Applies Principles of Operations Management to New AreasRutgers Business News

The Rutgers Business School recently published a profile of Supply Chain Management Department Chair and Associate Professor Lian Qi, whose research “goes beyond the traditional supply chain domain [to explore] new and relevant [topics] related to areas of high impact.”

According to the profile, highlighted in a recent release from Rutgers Business News, Professor Qi’s research “seeks to apply operations management principles and techniques to resolve customer service issues in … healthcare service and the service operations for electric vehicles.”

In the piece, Professor Qi explains why he opted to pursue a career in academia:

“My father is a professor who has inspired my various interests since I was a child. The second reason is that after I worked as a supply chain management consultant at SAP, I wanted to study more theoretical concepts in this area. I also love to work with students. This makes me feel that I can really help many people not just help a department within a company.”

YOu can read the full interview of Qi here.

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Aug 22, 2018

Curbing the Conspiracy Mindset at Northwestern, and More – Chicago News

Conspiracy Mindset

Let’s explore some of the most interesting stories that have emerged from Chicago business schools this week.


Conspiracy Theories Abound. Here’s How to Curb Their AllureKellogg Insight

Northwestern Kellogg Clinical Professor of Management and Organizations Cynthia Wang took a social psychological approach to understand what drives conspiratorial perceptions like Pizzagate, and “what are things that can be done by organizations that can prevent this mindset,” highlighted in a recent release from Kellogg Insight.

Wang co-authored a new paper with UCLA’s Jennifer Whitson, Penn State-Erie’s Joongseo Kim, Ohio State’s Tanya Menon, and Ball State’s Brian Webster, which finds that “individuals who exhibit a desire to take action in pursuit of their goals are less prone to conspiratorial thinking.”

The group began to focus on “regulatory focus theory (RFT), which looks at how people go about achieving their goals.” Kellogg Insight explains:

“RFT proposes two main strategies. People with a “promotion-focused” orientation aim to do everything in their power to achieve their hopes and dreams. In this mindset, individuals believe they can shape their future, suggesting that they feel a high degree of control over their environment. Those with a “prevention-focused” orientation, on the other hand, act diligently to protect the security they already have.

The researchers hypothesized that prevention-focused people might be more prone to believe conspiracy theories because conspiracies can feel like a threat to their security. The team suspected that people with a promotion focus, however, would be more skeptical.

The team surveyed three groups of people, including military personnel and college students. Consistently, they found that people who were more “promotion” focused thought they had more agency in what happens to them, and therefore more control. In this frame of mind, those that felt they had more control were less susceptible to believe conspiracy theories.

You can read more about the group’s research here.

Yuxuan Tang is Ready for His 48 Hours of FameGies School of Business Blog

Gies College of Business senior Yuxuan Tang was one of four University of Illinois students drawn from the Illinois MakerLab and selected to compete in Season 3 of the PBS show Make 48, a “televised national invention competition that gives teams 48 hours to come up with an idea, create a prototype, and present their idea to a panel of judges.”

Tang writes, “It’s an honor. The competition is like a sped-up creation process. Being able to make the model is important, but the rest of the team should diversify. You need some people to see ‘How’s the market? What do customers think of this service?’ That’s what business people do.”

You can read more about Tang’s work here.

Graduate Students Tackle Issue of Clean Water in HaitiQuinlan School of Business Blog

Loyola’s Masters of Social Justice student Josh Goralski spoke with the Quinlan School of Business Blog about his social enterprise, which “focuses on building water filtration businesses [in Haiti] funded through micro-financing.”

This idea is an extension of a business idea he and his undergraduate classmates at Rockhurst University developed to address the 5,700 Haitians water-related diseases claim each year. According to the article, “52.4 percent of Haiti’s rural population does not have access to clean water.”

Loyola student Josh Goralski, pictured in Haiti / Photo via luc.edu

“Water filters would be sold by local community members. The sellers would be trained and certified to micro-finance the filters affordably for their community members.” According to the article, the ceramic water filter that the Haitian water enterprises sell can “provide clean water for a family of five for up to 10 years with little maintenance, and save families $400+ USD over 10 years.”

Goralski writes that his goal is to “empower communities. We wondered, how do we work with a local community partner, provide access to business education training, and empower these communities?”

You can can read more about Goralski’s work here.

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