International Option: Pros and Cons of Earning a Master’s in Finance in the UK Instead of the U.S.
A Master’s in Finance is fast becoming one of the most popular degrees in the world. According to The Financial Times, “global demand for masters in finance (MiF) degree courses increased slightly in 2018,” due to a number of factors including ROI, career paths for graduates, and costs.
Continue reading…New Investment Jobs for MBAs
It’s not enough to make money—you have to figure out how to make that money grow. Growth is the name of the game for everyone from the salaried folks counting the days until retirement to multinational corporations mulling over their bottom lines.
Top MBA Jobs: Investment Banking Analyst
Landing a job in an investment firm is a top goal for many MBAs. They want to bring their talents and knowledge to investors, banks, and corporations who can benefit from their expertise. It’s an exciting and very demanding career field, especially in the wake of the Great Recession of 2008 and 2009.
Banks, brokerages, and financial services firms are looking for candidates that have deep and broad insight into the industry and a willingness to learn more. That’s how you get started as an Investment Banking Analyst. Continue reading…
HBS Reviews Elon Musk’s Compensation Plan, and More – Boston News
In case you missed it, let’s explore some of the most interesting stories that have emerged from Boston business schools this week.
Elon Musk’s Unusual Compensation Plan Isn’t Really About Compensation at All – Harvard Business Review
Harvard Business School faculty member George Serafeim, the Jakurski Family associate professor of business administration, recently published his insight into the compensation package Tesla shareholders awarded CEO Elon Musk this year—“likely the largest compensation package ever awarded to a CEO.”
Serafeim argues that the design of the compensation plan and its announcement were about “signaling a credible commitment to Tesla’s purpose: to become a clean energy giant that helps address climate change by transforming mobility. To get there, Musk needs not only the normal sort of investor confidence, but also for investors to buy into his radical vision for the company.”
Serafeim further explains:
“Musk’s compensation plan, with its ambitious targets for market capitalization, focuses the mind on exactly this vision. For Tesla to reach a $650 billion valuation by 2028, the market will have to shift dramatically, with electric vehicles becoming the overwhelming percentage of all new sales. That would boost Tesla revenues from both vehicles and batteries. Such a future would also likely require that Tesla’s autonomous pilot technology becomes state-of-the-art, allowing it to be used safely and widely in Tesla vehicles but also potentially through licensing by other players.”
You can read more about Serafeim’s insight here.
Finance by Day, Pro Soccer by Night – Carroll School of Management News
The Boston College Carroll SOM recently profiled Issey Maholo ’07, a polymath who spends his days as VP of prime brokerage for J.P. Morgan and his nights as goalie for the Hong Kong Football Club.
Maholo, a native of Tokyo born to a Congolese father and Japanese mother, writes, “There will be plenty of excuses you can make in life as to why you should stop doing what you love to do.” He also notes the parallels between his vocation and avocation, particularly when it comes to teamwork:
“One person can shape a game, but usually not a whole season. It’s the same in finance—someone can bring in a big mandate, but you all have to pull together to become the top bank in Asia.”
You can read more about Maholo here.
The Quest for Error-Free Care – Sawyer Business School Blog
The Suffolk University Sawyer Business School recently hosted a panel discussion sponsored by the Suffolk University Chapter of the Institute for Healthcare Improvement (IHI), which touched upon “trends in the industry, patient safety, how the patient experience has improved over the decades, job-hunting advice, and many other subjects.”
The talk featured three Boston health care leaders: Lahey Hospital and Medical Center Chief Quality and Safety Officer Dr. Judith Melin; Mass General Hospital Associate chief quality & safety officer Mary Cramer; and Professor Elizabeth Turner, a nurse-attorney whose practice focuses on health care law.
Professor Mona Al-Amin, faculty adviser to the IHI group, writes, “The importance of this event was that students learned about quality improvement in healthcare organizations. They also got to ask questions about the field. And they got to learn about career choices and what skills they might need.”
You can read all the takeaways from the discussion here.
The New East LA Incubator, Merage Rankings Rise, and More – Los Angeles News
Take a peek at some of the top stories coming out of the Los Angeles business schools this week.
From Family Business to Drucker School: A Talk With Koji Ogura (EMBA ’11) — Drucker Newsroom
Koji Ogura, alumnus and staff member at the Peter F. Drucker and Masatoshi Ito Graduate School of Management at Claremont Graduate University, recently shared his thoughts on business, leadership, and the new Global Family Business Institute opening soon at the Drucker School.
Ogura, who graduated in 2011 from Drucker’s Executive MBA program, today serves as the school’s Director for Japan and Drucker-Ito Relationships. Before joining the Drucker community, Ogura worked as an executive with Yamato Holdings, a company founded by his grandfather nearly 100 years ago in Japan. With a new Family Business Institute poised to open at Drucker this month, Ogura shared his thoughts on how the new institute will shape and train future business leaders.
“We will … give them more of a global sense of how family businesses work in the world economy,” Ogura said. “That is something you cannot get with on-the-job training in one company. But you can get that at the Drucker School.
To learn more about the Global Family Business Institute and read Ogura’s insight, click here.
UCI Paul Merage School of Business Fully Employed MBA Program Up to 10 Spots in U.S. News & World Report — UCI Paul Merage School of Business News
The U.S. News & World Report recently released their 2019 ranking of the “Best Business Schools,” with MBA programs at the Paul Merage School of Business at the University of California, Irvine climbing in the rankings since last year. The Fully Employed (FEMBA) program at Merage jumped 10 spots in the ranking to 32nd in the nation for MBA programs, 19th for public universities and 4th in California. The full-time MBA program at Merage also moved up two spots, ranking at 42nd nationally.
“All of our full and part- time programs at every level are experiencing success as a direct result of the efforts by our faculty and staff, the selectivity of our programs, continuous enhancements to our curriculum, and innovative methods of delivery,” commented Merage dean Eric Spangenberg.
“I am confident the Merage School’s reputation will continue to ascend as a result of our differentiated focus and our ability to deliver the most business-relevant, highest quality MBA, Specialty Masters, Undergraduate and Ph.D. education possible.”
Read more about Merage’s programs and the U.S. News & World Report ranking here.
East Los Angeles College, OmniWorks to Launch Business Incubator — Los Angeles Business Journal
A new business accelerator was recently announced to open in Los Angeles, created as a joint venture between the East Los Angeles College Foundation and the start-up support company OmniWorks. Estec LA, the new incubator which will open at East L.A. College in Monterey Park, will be funded through an investment from JP Morgan, Union Bank, and the California Strong Workforce Program.
This will be one of the first incubators in the East Los Angeles community, following in the footsteps of a bioscience incubator that opened two years ago at the California State University Los Angeles. The incubator is expected to open with a free workshop on April 13, focusing on veteran, women and LGBTQ-owned businesses in the area. “By focusing on entrepreneurs that are often overlooked by other incubator and accelerator programs, we are democratizing access to capital, markets, and financial and business education,” said OmniWorks founder Brent Imai.
Click here to learn more about the new incubator.
Howard University Hosts Nick Cannon for Fireside Chat
The Howard University School of Business and JPMorgan Chase recently came together to host a for a “fireside chat” with Nick Cannon, discussing business, success, and education.
The event, which took place on September 25, was open to the Howard community and hosted by Noah Wintroub, Vice-Chairman at JPMorgan. Wintroub has worked alongside some of the most globally recognized names in tech and entrepreneurship as they went through the process of building their businesses.
“Howard University has a successful history of pairing top students with top companies for networking and career opportunities. We are thrilled to partner with JPMorgan Chase and Nick Cannon to provide this informative event to Howard students,” Howard University Dean Dr. Barron H. Harvey said. The actor and producer enrolled at the university in 2016.
The hour-long event was free to students who registered in advance and took place at the University’s School of Business Auditorium. The conversation between Wintroub and Cannon centered around his career as an actor, comedian, host, writer, and the many other roles he takes on, as well as how he is able to build a professional brand while pursuing his undergraduate degree at Howard. The chat also included a question & answer segment for students to engage directly with the participants.
Cannon is coming off what may have been his biggest and most tumultuous year of his professional career, departing as the host of ABC’s America’s Got Talent (which he also produced) after eight seasons. Cannon’s MTV staple Wild n’ Out concluded its ninth season in early October, of which he is still an Executive Producer.
This is not the first time Howard University has partnered with JPMorgan Chase. A leader in global financial services, JPMorgan serves millions of consumers throughout the U.S. as well as prominent corporate, institutional, and government clients. Every year, the company hires top talent from the university to participate both in full-time roles and at the company’s highly-selective summer internship.
