Sloan to Host Women’s Week
The MIT Sloan admissions staff is launching a series of events this summer that are designed to showcase the school’s network of accomplished women students and graduates. Women’s Week, a week of activities in early August, will feature three panels in different cities as well as an online chat, all focused on the theme “Breaking the Mold: Stories from MIT Sloan Women Who Have Defied Expectations and Forged Their Own Paths.”
The events are intended to increase awareness about the Sloan community among women who are considering business school.
“There are so many opportunities for women to contribute while they are here on campus as well as after they graduate and become part of our alumni network,” said Dawna Levenson, director of admissions. “MIT Sloan women are making an impact in the world, and these panels will showcase just that.”
Sloan LGO Students Receive Smith Award
Two MIT Sloan School of Managment Leaders for Global Operations (LGO) students were voted by their peers to share the Charles “Harrison” Smith III Award. The award was established by the family of Charles “Harrison” Smith (LGO ‘99) after he died in an accident on the way to beginning his first job after completing the LGO program.
Scott Bromley and Alex Whigham were recognized with the scholarship award given annually to first-year students who have made outstanding contributions to the program and shown remarkable leadership.
Sloan Plans to Welcome India Prime Minister Narendra Modi
Massachusetts Institute of Technology’s Sloan School of Management is planning to welcome India’s new Prime Minister, Narendra Modi, potentially becoming the first among the top-ranked American business schools to do so.
“The process is under way to invite the prime minister this year or the first half of 2015. Ultimately, it will depend on the mutual convenience of the Prime Minister and the MIT president. So, a firm date is hard to forecast right now,” said S P Kothari, deputy dean at Sloan School of Management. Continue reading…
MIT Team Wins Clean Energy Prize for Solving Solar’s Shade Problem
An MIT team, including MBA students from MIT’s Sloan School of Management, whose integrated chip restores lost power to partially shaded solar panels — achieving double the energy capture improvement of similar technologies — won top honors at the seventh annual MIT Clean Energy Prize (CEP) competition.
Equipped with a promising business plan and a snappy catchphrase — “shade happens” — Unified Solar took home both CEP grand prizes: the DOE Energy Efficiency and Renewable Energy Clean Energy Prize, worth $100,000, and the NSTAR MIT Clean Energy Prize, worth $125,000.
Solar panels on residential rooftops that are partially shaded by clouds or trees sacrifice as much as 30 percent of their energy potential over a year. Unified Solar’s technology, for the first time, integrates an entire power balance circuit onto a low-cost chip that can be integrated into a solar panel to regain that lost energy. Continue reading…
MIT Sloan School of Management to Hold Conference on Long-Term Unemployment
Although the short-term unemployment rate in the U.S. is receding to pre-recession levels, long-term unemployment remains at levels unseen since the Great Depression. Nearly 4 million people have now been out of a job for more than six months. To address this crisis, its underlying causes and potential solutions, MIT Sloan School of Management’s Institute for Work and Employment Research is holding a conference on May 6 for scholars, policymakers, and practitioners.
“This will be the first national gathering of its kind to bring together these groups of experts to discuss long-term unemployment,” says MIT Sloan School of Management Prof. Ofer Sharone. “There are millions of people left out of the workforce who want to contribute. This is devastating families because of the loss of income, it’s emotionally devastating individuals, and it’s hurting our economy. We need to find solutions that work and solve this problem.”
The conference stems from a project by Sharone at the Institute for Career Transitions in which he is connecting long-term unemployed individuals with volunteer career coaches. Tracking their outcomes, he’s hoping to determine which strategies work. In addition to discussing early results from this project, the conference will bring together representatives from the most promising programs across the U.S. that support the long-term unemployed, along with policymakers and thought leaders on this issue.
The conference will be held from 9:00am – 3:30pm at MIT’s Morss Hall in the Walker Memorial Building. Members of the media are invited to attend, but pre-registration is requested. To register, please contact Michelle Rosin at mrosin03@gmail.com.
MIT Sloan Students Among Semi-Finalists for the MIT Clean Energy Prize
Several teams featuring current MIT Sloan students are included among the semifinalists of the seventh annual MIT Clean Energy Prize competition. The MIT Clean Energy Prize is open to graduate and undergraduate students enrolled at least half-time at any university in the United States. It is a student-organized business plan competition where teams can submit their own clean energy or technology ideas into one of three categories: Energy Efficiency, Renewable Energy, or Infrastructure & Resources. Over a period of several months, the teams are mentored and critiqued by panels of venture capitalists, CEOs, lawyers, and academics.
This year, more than 60 teams from 24 universities across the United States competed in the MIT Clean Energy Prize. Following the first round of judging, 21 teams were invited to enter the semifinal round of the competition. These teams will receive mentoring, a $1,000 stipend, and access to MIT Clean Energy Prize resources such as partnerships with startup accelerators and a wide network of clean energy experts. Continue reading…