New STEM Track in Michigan Ross Full-Time MBA Program
Starting in the fall of 2020, Michigan Ross will offer its full-time MBA students a new STEM-designated track. The new track focuses on quantitative management and business analytics across industries and is ideal for students interested in pursuing STEM-related business careers.
Continue reading…Top MBA Recruiters: Royal Bank of Canada
Founded in Halifax in 1864, The Royal Bank of Canada (RBC) serves 16 million clients and has over 80,000 employees worldwide. Which means there is a lot of room for a potential RBC career among business school grads.
Continue reading…News Roundup – CEO Work-Life Balance, Relaxing into the Marshall MBA, and More
Let’s take a look at some of the biggest stories from this week, including a Michigan State professor talking about the trials of CEO work life balance, and more.
Real Humans of the Miami Business School
The idea of a business school, for many, conjures images of rigidity: stuffed shirts, properly tuned haircuts, and brutalist, monochrome buildings—foundational visions of the business school stereotype. But these observations can be fairly limited, if not completely outdated. While some schools are still defined by business traditionalism, the University of Miami Business School offers a decidedly less obtuse vision.
The Miami Business School, overlooking Lake Osceola in Southern Miami, defies business school assumptions. Alongside the city’s effortlessly pleasant weather, potential students won’t find the the limited, formal degree options, with more choices than the vast majority of business schools virtually anywhere, including: three full-time MBA programs; three different Executive MBA programs; a part-time MBA option; Online MBA option; and five different dual MBA opportunities. In addition, the school offers eight on-campus specialized master’s options and two more online specialized masters degrees.
Simply stated, when it comes to a wealth of choices, you won’t find many schools that offer more.
Expansive opportunities also means an immensely diverse class of students. Statistically, Miami is considered the most “international” city in the United States, according to U.S. Census Bureau data, inviting a truly global array of career opportunities that few business schools can try to match.
When talking with several Miami Business School MBA students, the diversity of choices and Miami’s undeniably friendly international appeal is certainly reflective, including a French-born fitness expert, a clothing line founder, and a Venezuelan marketing guru, among others. Read on to see their stories and what the future may hold for life after an MBA.
J.P. Eggers, NYU Stern Professor and Vice Dean of MBA Programs, Answers Our 5 Questions
In our latest installment of the MetroMBA “5 Questions” series, we speak with J.P Eggers, Associate Professor of Management and Organizations and the Vice Dean of MBA & Graduate Programs at the NYU Stern School of Business. Eggers talks about the MBA program’s new healthcare specialization, what students need to know before enrolling, and what makes NYU stand out when it comes to the business of healthcare.
1. Why Do You Believe The Time Was Right For NYU Stern To Introduce An MBA Specialization In Healthcare?
“Healthcare is an incredibly important part of the U.S. and global economy, and even more central to New York City given the hospital systems, pharmaceutical companies, and insurance providers within the broader region. As a result and in line with Stern’s continued push to diversify the opportunity set for our students, this became a priority to make our ambitious goals in the healthcare space something visible and public.”
2. What Particular Kinds Of Applicants Do You Believe Are Right For This Kind of Program?
“This specialization is a good fit for applicants interested in the health system broadly. The curriculum options range from insurance markets to pharma strategy to health-tech, so the scope is ambitious. We expect that students with an interest in finance and marketing roles within health-related companies, or those interested in consulting or banking opportunities with a focus on the health sector, will be most drawn to the specialization.”
3. Is This A Sign Of More Unique MBA Specializations Coming To NYU Stern?
“We take our investments in specializations seriously, having been the first school to offer a FinTech specialization and having a broad range of specializations available. But we’ve found that many students have very specific interests when enrolling in an MBA program, and we will continue to explore and evaluate other opportunities.”
4. Since NYU Stern MBAs Can Study Three Specializations, What Are Some Other Specializations You’d Recommend For Someone Studying Healthcare?
“Since healthcare is a ‘vertical’ (industry) specialization, I expect that any of our ‘horizontal’ (functional) specializations would pair nicely. For those interested in pharma roles, I would think that corporate finance, marketing, or strategy would make sense. For those looking at health systems or consulting, I’d think operations may be a clear fit. And for those interested in health tech, our product management, analytics, and innovation specializations may make sense.”
5. Are There Any Unique Organizations In New York That Will be Part of the Healthcare Specialization?
“As part of Stern’s continued commitment to leveraging the amazing resources that NYU has to offer, we will work with both the NYU School of Medicine and the NYU Wagner School of Public Service on aspects of the specialization. The integration of the health-focused track in the Endless Frontier Labs means that we will utilize our connections to the NYC startup ecosystem. And we will continue to explore potential partnerships beyond those.”
To learn more about the NYU Stern MBA programs and specializations, head over to the official school website.
Friday News – USC Hosts Venture Summit, FSU’s Master’s of Business Analytics Class Graduates, and More
Let’s take a look at some of the biggest stories from this week, including the USC Venture Summit.
Venturing Ahead – USC Marshall Hosts 8th annual Venturing Summit – USC Marshall News
The Lloyd Greif Center for Entrepreneurial Studies at USC Marshall hosted the 8th annual University Venturing Summit this month.
The event gave Future entrepreneurs from USC’s MBA community the chance to meet with VCs and supporting businesses such as accounting and law firms. USC faculty also took part in the Summit, including Patrick Henry, Assistant Professor of Clinical Entrepreneurship and organizer of the Summit.
“The perception of a lot of university ventures is that they are still in the ‘good idea’ stage…But the reality is that the university venturing world is more market-ready than ever, and university ventures are more ready to launch than ever,” Henry says.
USC MBA alum Jessica Schleder presented her venture, Adoptimize, which allows insurance providers to increase their volume of leads through streamlining the pet adoption process. Other student ventures, including a data security tool, addressed the trends present in the L.A. economy and beyond.
Sponsored by EY, among other private firms, the Summit also hosted student entrepreneurs from UCLA Anderson, UC Irvine, and Cal State University Northridge. Click here for more on the Summit and its participants.
Inaugural Class of Master’s in Business Analytics Students Set to Graduate – FSU College of Business News
Florida State University College of Business’ first Master’s in Business Analytics (MS-BA) class graduated this month from the School of Business.
The program was created in order to meet the demands of an economy increasingly driven by data, and its analysis and application in helping businesses grow. Students in the program combine a strong command of quantitative skills in various backgrounds with a desire to develop their powers of analysis.
One graduate, Jessie Tolbert, started his career as an environmental scientist. Curious about how the data he gathered was used to improve environmental conditions, Tolbert decided to pivot into analytics with the MA-BS degree. “I’ve learned in-demand technical skills and built my professional network with other students, distinguished professors and FSU alumni who are in the industry,” Tolbert says.
The degree comes on the heels of such studies as one by McKinsey, showing a 60 percent gap between the demand for talented analysts and the supply of qualified people in the workforce. For more on Florida State’s MS-BA, read here.
Village of Oak Park Partners with Graduate Marketing Class – Quinlan School of Business News
In an effort to retain both the rich history and the future growth of the Oak Park neighborhood, Loyola University of Chicago’s Quinlan School of Business MBA alum have teamed up with Oak Park residents and current Quinlan grad students.
Eric Pedersen (MBA ’01), of the Oak Park Neighborhood Services team, sought to improve the visibility of the community’s housing rehabilitation loan program. “The need was a short, consistent, and readily understandable message, combined with a visually appealing ad campaign … And we needed it in less than 60 days with a very modest budget.”
The loan program assists those in need—the recently unemployed, people with disabilities, seniors, and single parents—obtain interest free loans to make necessary home improvements.
Quinlan Professor of Marketing Katie Hession’s class was able to work under the tight deadline and budget to create the program’s ad campaign. Using the tagline of “Brick by Brick, Chip by Chip, Panel by Panel, and Picket by Picket,” the ad package contains visually striking images and bold messages regarding the program. For more on the ads and Oak Park’s community improvement efforts, read here.
Wharton School Forms Analytics at Wharton – Wharton News
The University of Pennsylvania Wharton School announced the establishment of Analytics at Wharton, which unites industry leaders, researchers, and faculty with the goal of harnessing big data to help businesses grow.
An anonymous $15 million gift has allowed the creation of the Data Science and Business Analytics Fund. Wharton Dean Geoffrey Garrett says, “In the 21st century, leaders will increasingly use data and analytics to develop insights that will help them make better decisions and become better leaders. The creation of Analytics at Wharton demonstrates our commitment to using big data to transform how business is done.”
Along with the fund comes the creation of a new leadership position at Wharton, the Vice Dean of Analytics. Eric T. Bradlow, the K.P. Chao Professor and Professor of Marketing, Economics, Education, and Statistics will hold this position.
The new initiative will bring five existing Wharton programs: Customer Analytics; the Penn Wharton Budget Model; People Analytics; Wharton Neuroscience; and Wharton Research Data Services. For more on Analytics at Wharton, read here.
Brookings Institution Appoints Lemma Senbet to Africa Board – News at Smith School of Business
University of Maryland’s Robert H. Smith School of Business has appointed Professor Lemma Senbet to the Distinguished Advisory Board of the Africa Growth Initiative at the Brookings Institution in Washington, DC.
The Advisory Board is responsible for guiding members of the Africa Growth Initiative on key economic and social issues faced by the continent. Lemma W. Senbet is the William E. Mayer Chair Professor of Finance at the Smith School of the University of Maryland and the founding director of the school’s Center for Financial Policy. He also serves on the Ethiopian Diaspora Trust Fund’s Advisory Board, and he is the former executive director and CEO of the African Economic Research Consortium.
Africa Growth Initiative Director Brahima S. Coulibaly says of Senbet’s appointment, “[Senbet joins a distinguished] panel of select, high-level policymakers, academics and practitioners on African socio-economic development issues.”
You can read here for more on Senbet and the Africa Growth Initiative.