The Heart of Entrepreneurship, at the UC San Diego Rady School of Management
Sponsored Content
For frequent visitors to Southern California, the seemingly endless list of adorning communities and picturesque landscapes likely come to mind first. But for locals and those in the business community, San Diego isn’t just a beautiful place; it’s also a landmark of entrepreneurship.
Continue reading…The Perfect MBA Career: Portfolio Manager
If working in investment strategy seems appealing, then a job as a portfolio manager may be right for you.
Ryan Patel Returns for Paul Merage Alumni Day, and More – Los Angeles News
Take a look at the latest news coming out of business schools in the Los Angeles metro.
New Accreditation Earned – Mount Saint Mary’s University News
The Accreditation Council for Business Schools and Programs (ACBSP), the country’s only organization which provides specialized business accreditation for all degree levels, recently offered accreditation to business programs at Mount Saint Mary’s University, Los Angeles.
ACBSP evaluates a variety of factors to determine which programs qualify for accreditation, including leadership, quality of academic programs, faculty credentials, strategic planning, educational support and more. According to ACBSP Chief Accreditation Officer Steve Parscale, “this accreditation is evidence that Mount Saint Mary’s is committed to providing the highest quality of business education for their students.” The Certificate of Accreditation was presented by Parscale at the annual ACBSP Conference 2018 in Kansas City, MO in June.
You can read more about the ACBSP and Mount Saint Mary’s degree programs here.
Merage Alumnus Patel Discusses the Importance of Global Diversity at 2018 Alumni Day – UCI Paul Merage School of Business Newsroom
Ryan Patel, graduate of UC Irvine’s Paul Merage School of Business‘ Fully Employed MBA program, recently returned to his alma mater to serve as keynote speaker for Merage’s annual Alumni Day.
Today a world traveler and global business executive, Patel has worked at major including frozen yogurt chain Pinkberry, where he served as Vice President of Global Development. During his tenure Patel was responsible for the chain’s expansion from 95 locations to 270, across 23 countries. Since his graduation from the Merage FEMBA program in 2008, he has become a frequent contributor on CNN and in 2017 was named as one of nine executives changing the world with their brands by Inc. Magazine.
Patel served as Keynote speaker for Merage’s Alumni Day this year, commenting on the power of influence and the importance of it to a leader. More than 120 guests attended the alumni event, listening to Patel’s commentary on the importance of diversity for building a global team. “Embrace different cultures and integrate shared values for optimal results,” Patel advises students.
Ryan Patel, speaking with at his alma mater, on 2018 Alumni Gathering Day / Photo via Chris Lee
Patel also reflected on his own experiences at UCI and the ways it informed his career path. “Throughout my time at UCI, I was able to interact with so many people from various industries and backgrounds … this created a great foundation for understanding how to work with and manage diverse teams as a future board director and during my tenure as vice president of global development at Pinkberry” he comments.
Read more about Ryan Patel and the UCI Paul Merage School of Business here.
Studios Welcome Entertainment Finance Students – LMU Newsroom
Throughout the most recent academic school year, finance students at the Loyola Marymount University College of Business Administration had the opportunity to benefit from strong ties between their university and the entertainment industry through a series of visits to major film studios.
The idea was developed by Mark Sgriccia, MBA (’08), Vice President of Worldwide Content Operations and Strategy at Lionsgate, who wanted to attract top talent from LMU MBA students for employment at the studio. After pitching his idea to LMU Associate Professor of Finance David Offenberg, Ph.D., the idea grew into planning a number of visits at studios like Universal Pictures, Netflix and Twentieth Century Fox.
Throughout the year, students had the chance to gain valuable insights and advice from top executives and LMU alumni. Patty Saienni (’98), vice president of accounting and financial reporting at Twentieth Century Fox,” commented on the LMU students and their visit to the studio. “I am very impressed!” she said. “Students asked good questions and were motivated. Studio employees were excited to have LMU students visit Twentieth Century Fox and you could clearly see the students were excited to be here.”
Read more about studio visits at LMU here.
Top Business Schools Respond to Repeal of Diversity Guidelines
Diversity in the college admissions process was dealt a blow in early July when the Trump administration withdrew a guidance that encouraged affirmative action in regards to enrollment. The move was announced when the departments of Justice and Education retracted several letters and memos that advised schools on how they could consider diversity in admissions and other various decisions. Continue reading…
Empathy and Power, According to Northwestern Research – Chicago News
Let’s explore some of the most interesting stories that have emerged from Chicago business schools this week.
How Much Empathy Do You Feel When Powerful People Suffer? – Kellogg Insight
Northwestern Kellogg assistant professor of management and organizations Nour Kteily recently co-authored new research with Cornell University assistant professor Brian Lucas that explores how much empathy people experience when the factory floor worker suffers a pay cut compared to when the executive’s six-figure salary gets lobbed off.
Kteily writes, “The prevailing view has been that anti-egalitarians do not have it in them to empathize, and egalitarians are empathetic toward everyone.
Kteily’s research found that “when people read about victims with lower social status, egalitarians consistently expressed more empathy than people with anti-egalitarian views did. But when they read about victims with a higher socioeconomic standing, the opposite occurred. Participants who strongly favored a social hierarchy expressed more concern for victims like the wealthy executive than the egalitarians did.”
You can read the full article here.
Friend or Foe? Notre Dame Conference Explores Ethical Considerations of AI – Mendoza Ideas & News
Notre Dame University’s Mendoza College of Business recently announced “Artificial Intelligence and Business Ethics: Friends or Foes,” a fall 2018 conference sponsored by the Chase Manhattan Lecture Series, that “will explore the ethical issues arising from the use of AI in business and larger culture.”
Associate teaching professor in Mendoza’s IT, Analytics, and Operations Department Timothy Carone, who organized the conference, writes:
“The reason AI is so important is that it can make and implement decisions that heretofore were the purview of humans only. Over time, these decisions set up a pattern and it is this pattern we call ‘ethical behavior.’ We have only begun to explore the ethical implications to businesses of using AI to replace human decision-making and understand how to manage the new risks that come with this transformation.”
Featured speakers include:
- Daniel Fagella, the founder of daily newsletter TechEmergence, which serves as an industry source for business applications of AI.
- Martin Fiore, EY Americas Tax Talent leader who has explored the implications of AI in the tax, audit and talent acquisition areas.
- Otto Berkes, the chief technology officer for CA Technologies, one of the largest independent system software companies in the world.
- Ryan Welsh, founder and CEO of Kyndi, a venture-backed software company that is changing the paradigm of machine intelligence and how it’s used to solve some of the world’s hardest problems.
You can read the full article from Mendoza here.
Alan Dershowitz Shares His View on Key Legal and Ethical Issues – Gies College of Business News
High-profile lawyer and frequent contributor on FOX News and CNN, Alan Dershowitz, whose distinguished career in law has encompassed high-profile celebrity clients like Mike Tyson, Patty Hearst, and O.J. Simpson, visited the University of Illinois this past April.
Controversial lawyer and political personality Alan Dershowitz recently spoke at the University of Illinois / Photo via NYT
Dershowitz used his lecture as an opportunity to “discuss and to answer questions about freedom of speech, professional ethics, attorney-client privilege, and a range of other topics,” such as “media issues, attorney-client privilege, conflict of interest, and comparative ethics” with students from the Gies College of Business and the U-IL College of Law.
“Ethics are very situational. As lawyers, we’ve all be told things by our clients that we can’t sleep at night keeping as secrets. You feel you have to tell somebody. And you can’t. I can’t tell my wife or my children. You go to the grave with these secrets. And if you don’t want to do that, you can’t become a very good lawyer.”
You can read the full article here.
What They’re Saying: The Facebook Fallout
It seems puzzling to say a company that is worth nearly half a trillion dollars is venturing somewhere near zero degrees Kelvin, but if you were only reading headlines this week you’d get the sense that Facebook isn’t looking so hot.
Since the break of the Cambridge Analytica scandal, the tech giant lost an estimated $100 billion USD in value, and its beleaguered founder Mark Zuckerberg lost an estimated $14 billion of his own worth. Fortunately for him, according to CNN, he’s still worth over $60 billion so he can easily afford more mayonnaise and butter sandwiches.
But the fallout is more than monetary. Trust in the social media company is at a critical low point, according to Statista data.
Janina Conboye at the Financial Times recently asked how the company may go about repairing its own image in “The MBA view: can Facebook fix its reputation?,” speaking with numerous business school faculty members, including London Business School‘s Jill Schlechtweg, who plainly says, “It is worth wondering whether Facebook can regain credibility at all. Arguably Mark Zuckerberg has evaded responsibility for the social costs of social media addiction, the proliferation of fake news, and now leaks of personal data for political ends.”
Check out how other business schools and industry experts are reacting the ongoing Facebook story below.
What @facebook knows about you apparently includes data about phone calls and messages. The revelation could make Facebook’s huge data scandal hurt more than ever. https://t.co/jActrbEB5i
— MIT Tech Review (@techreview) March 27, 2018
PSA: “Harvard Business School Prof. Shoshana Zuboff calls it “surveillance capitalism.” And as creepy as Facebook is turning out to be, the entire industry is far creepier. It has existed in secret far too long…” https://t.co/vSPlAyWnzu
— Mitchell Schneider (@Mitski) March 27, 2018
What Cambridge Analytica is accused of doing, Facebook and Silicon Valley giants like Google do every day, indeed, every minute we’re logged on. – https://t.co/8O9730vddo
— Mark Schaefer (@markwschaefer) March 29, 2018
In the wake of the Cambridge Analytica scandal, Apple is making their position clear on privacy. https://t.co/OLIl5ihtby
— FOX MBA & MS (@FoxMBA) March 28, 2018
.@profgalloway weighs in on #Facebook‘s handling of the Cambridge Analytica scandal via @barronsonline https://t.co/6zWqfAa3nk
— NYU Stern (@NYUStern) March 28, 2018
