Orientation: NYU Stern One-Year MBA Programs in Tech, Fashion
As it prepares to welcome students for orientation next week, NYU Stern School of Business has shared preliminary class profiles for its two new specialized one-year MBA programs—the Andre Koo Tech MBA and the Fashion & Luxury MBA. Stern announced the launch of the new May-to-May programs one year ago. The inaugural classes will each be made up of approximately 30 students.
Though designed for students from different backgrounds targeting diverse post-MBA career paths, the two programs do share several things in common. Each pairs traditional core curricula and specialty and elective courses with real-world projects to provide hands-on experience for students interested in careers within tech/entrepreneurship and fashion/luxury industries. They also “represent a new category of MBA and have been developed in partnership with the business community to address a talent gap,” the school notes.
Real-World Immersion
Both programs prioritize experiential learning opportunities that connect students and faculty with top companies to address real business issues. Each features two immersion experiences pairing students with companies to work on projects related to consulting, product management, brand strategy, supply chain optimization, and financial forecasting.
As part of their first term, students in the Fashion & Luxury program will participate in visits to New York companies to work on live cases with industry partners. The goal of these, the school notes, is for students to emerge from their summers with a “strong foundation of problem-solving tools.” The Fashion & Luxury program also features a second international immersion in the winter term.
Students in the Andre Koo Tech program will take part in summer term immersions with New York area tech companies. They will then spend their winter terms in the San Francisco Bay area as part of an immersion designed to allow them to explore the West Coast tech ecosystem and work on high-impact projects with Silicon Valley tech companies.
Preliminary Class Profile Highlights
The preliminary class profiles for each program’s incoming Class of 2019 include a wealth of information about student demographics, background, experience, class sizes, and more that offer incoming and prospective students a sneak peek at what to expect.
The incoming class for the Tech MBA program is 42 percent women, making it “comparable to two-year MBA programs with the highest percentages of women,” Stern notes. International students also make up 42 percent of that class. Perhaps most notable, 87 percent of students in the tech-focused MBA program will be entering with previous coding experience, many with skills in multiple programming languages.
Like the Tech MBA, the incoming Fashion & Luxury MBA Class of 2019 is also capped at 30 students in an effort “designed to maximize industry engagement…for high-touch learning and built-in ‘live case studies’ with companies year round,” the school notes. Women make up 88 percent of the incoming class. More than half—54 percent—brings previous experience in consumer products. In terms of undergraduate study, the class includes equal percentages of former business and humanities majors, at 35 percent each.
Incoming Students Share Hopes and Expectations for the Programs
Clear Admit caught up with incoming students in each program to learn more about their backgrounds and what attracted them to the Stern one-year MBA offerings.
Nicole Imbriaco, an incoming student in the tech program, graduated from Rutgers in 2016 with a B.S. in finance and business analytics. She has experience with HTML/CSS and SQL, among other coding languages.
“I believe it will afford me the opportunity to merge my strengths within business and technology and expand my skill set equally within both disciplines,” Imbriaco said. She added that she hopes the specialized MBA degree will facilitate a drastic career pivot, allowing her to focus more intensely on professional interests that have shifted since she graduated from college.
The loss of her mother during her senior year at Rutgers inspired a newfound interest in healthcare, she shared. After graduating from college, she worked at Goldman Sachs, which she says was a valuable experience that helped her redefine her career goals. “Being around some of the most intelligent people I have ever met, I realized I was being drawn towards better utilizing technology within the health/wellness industries,” she shared.
Imbriaco believes the Andre Koo Tech MBA will give her a skill set that she can apply to a variety of industries. She hopes upon completing the program to use “the combination of business, analytics, and technology-focused skills to contribute towards making a difference in the fields of cancer research,” she said.
Incoming Fashion & Luxury Class of 2019 student Christian Trautwein is a 2012 graduate of Brown University with a B.A. in political science. Since graduating he has worked as a merchandise manager with Walmart E-commerce. Trautwein was attracted to the one-year MBA program by the “promise & opportunity” it offers to graduates. NYU’s proximity to the fashion industry was also a draw. “My desire to build a fashion brand paired perfectly with the robust program NYU Stern has built,” he said.
More details about Stern’s new one-year MBA programs, including how to apply, can be found here. In their inaugural application cycles, these programs featured slightly earlier application deadlines than the two-year MBA program, with a September 15th first deadline, a November 15th second deadline, and a January 15 third deadline. Deadlines for the 2018-19 application season have not yet been posted.
This article has been edited and republished with permissions from our sister site, Clear Admit.
Drexel Culinary Collaborations and First Place Finishes — Philly News
With so much news happening in Philly business schools, it’s understandable if you need a hand catching up. Here’s your Philly news brief.
Drexel EMBA Class Spurs Culinary Collaboration — LeBow News
Thanks to his Drexel LeBow College of Business EMBA class, chef and restaurateur Kevin Sbraga has found a way back into the kitchen. Sbraga, a chef with prior business experience in the Philadelphia area, came up with the idea for a one-day pop-up kitchen in a Business Problem Solving class taught by associate clinical professor of management Suresh Chandran.
According to a news story on the Drexel website:
“We were talking about innovation as a disrupter, and that made me start to think about how the real estate landscape is changing for retail as well as restaurants,” Sbraga says. “I reached out to a hospitality buddy of mine who has some experience in the tech field. I asked him, ‘How can we create a virtual restaurant? A restaurant experience without the brick and mortar,’ and his response was ‘delivery’.”
Sbraga was one of the first restaurateurs in the city to adopt the now-popular food delivery app Caviar, helping deliver the first batches of Nashville hot chicken to Philly for a special one-day event. “The Hot Chicken was far and away the best-selling dish from The Fat Ham’s menu on Caviar. It was widely regarded as some of the best hot chicken outside of Nashville, so featuring it was an easy choice,” a Caviar spokesperson said.
You can read more about Sbraga’s food and pop-up concept here.
Penn State Smeal MBAs place first in Fisher Invitational Big Ten+ MBA Case Competition — Penn State Smeal News
Four Penn State Smeal MBAs recently took first place in the Fisher Invitational Big Ten+ MBA Case Competition at Ohio State. The team of first-year students were coached by Nancy Mahon, clinical associate professor of business communication.
Teams had 24 hours to develop a comprehensive pitch outlining concrete recommendations to address the challenges facing Bob Evans restaurant chain. Competition judges included key Bob Evans senior leadership as well as executives from other corporations. The Smeal squad defeated teams from Illinois and Wisconsin in first round before beating second-place Purdue and third-place Michigan State in the finals.
“I’m extremely impressed with our team’s efforts and professionalism,” Mahon said. “I’m especially proud of our students’ representation of Smeal.”
You can read more about the recent Penn State Smeal event here.
Is It Possible to Change Bad Behavior – Permanently? – Knowledge@Wharton
The recently-created Behavior Change for Good Initiative course at The Wharton School, taught by celebrated UPenn professor Angela Duckworth and Wharton’s own Katherine Milkman, looks at the quality of daily living in a broad and curious way.
In the most recent Knowledge@Wharton podcast episode, the two discuss the program’s vast social experiment angles, asking how people can change bad or not-well-liked behavior on a permanent scale. This includes the launch of the StepUp program with fitness chain 24 Hour Fitness. “Duckworth and Milkman are hoping to recruit hundreds of thousands of current and new members of the chain to sign up for the program,” they explain “Those who do will become part of a large-scale tournament in which scientists have developed 57 different paths they hope will lead to positive behavior change.”
“We want to see which ideas truly yield the biggest changes in behavior, not just during the course of the program, which is 28 days, but also in the year following it.”
You can check out the most recent podcast episode here.
New York City’s Work/Life Balance Problems, and More – New York City News
Let’s explore some of the most interesting stories that have emerged from New York City business schools this week.
Would You Like Your Boss to be Fined for Making You Reply to Emails? – NBC News
Lehigh University College of Business and Economics management professor Liuba Belkin’s work was recently cited by NBC News regarding a potential new NYC law that would effectively ban workers from being forced to reply to after-hours emails and other messages. The reason behind the proposed law is that the increasingly common practice in the U.S. is decreasing work-life quality, which was a provincial point of Belin and co-author William J. Becker’s study “Exhausted, but Unable to Disconnect: After-Hours Email, Work-Family Balance and Identification.”
The potential new law would not effectively ban those from sending messages after hours, but being forced to work off-the-clock would be subject to a fine of around $500 for each offense. France, NBC News writes, passed a similar law in 2017 “requiring businesses with 50 or more employees to negotiate after-hours email rules with workers, potentially allowing them to ignore post-work correspondence.”
Human resources manager Steve Wang thinks the lofty comparison to France’s work culture is not as easy in the U.S. The country has stricter labor laws, instituting 35 hour max work weeks, and a law preventing people from working 4.5 hours straight without any breaks, for instance.
Click here to read more about the law and Belin’s study.
What are the Best Healthcare MBAs You Can Find in New York City? – MetroMBA
Four of the best health care MBA programs reside in New York; three of which fall right inside the five boroughs. Columbia Business School, the Zicklin School of Business at Baruch College, the Stern School of Business at NYU, and the SC Johnson Graduate School of Management at Cornell in Ithaca each offer exemplary healthcare management learning options for any hopeful MBAs, some of which are coupled with dual degrees.
Find out more about the best healthcare MBAs you can find in New York here.
Daniel A. D’Aniello speaks on the value of mentorship in driving success – Johnson SOM Blog
Cornell University’s SC Johnson Graduate School of Management recently hosted Carlyle Group co-founder and former Marriot VP of Finance and Development Daniel A. D’Aniello at this year’s Lewis H. Durland Memorial Lecture.
D’Aniello used the talk as an opportunity offer invaluable entrepreneurship, stewardship, and mentorship advice to Johnson students from his distinguished career as co-founder of one of the world’s largest investment firms. He also “emphasized the importance of humility in recognizing one’s errors and understanding how to spend one’s time.” He elaborates:
“Allocate your valuable time to things that are going to scale, grow, and become profitable. Time is your highest opportunity cost.”
You can read more highlights from D’Aniello’s talk here.
Listen to MBA Career Advice from These USC Marshall MBA Alumni
How does an MBA fit into your career? What are some steps you should take to ensure that your MBA aligns with your career goals? These are the questions that four MBA alumni seek to answer in the two-part Constructing a Career Podcast from the USC Marshall School of Business.
In the first part of the podcast, listeners hear from Doug Montgomery, the VP of customer insight at Warner Brothers, as well as Regina Leung, the founder of Mayflower Health Consulting. They each take the time to talk about pursuing an MBA no matter the stage of your career, providing tips and lessons learned along the way.
The second part talks about how an MBA can and should impact your job strategy. Advice is provided by Ana Maria Stingi Guemáraes, the audit director of MUFG Union Bank, and Grant Ingersoll, the president of Integrated Oncology Network.
All four are graduates of USC’s IBEAR MBA program, which gives them unique insight into using the USC Marshall MBA in your future career. Below are some of the most pertinent points and insight from both podcasts. Continue reading…
What are the Best Healthcare MBAs You Can Find in New York City?
New York City is not only home to a number of the finest business schools in the world—it’s also where you can find some of the best healthcare programs this country has to offer. Continue reading…
Top MBA Recruiters: Breaking Into Personal Care Empire L’Oreal
Considered by many as the world’s top beauty brand, L’Oreal is well known for its well-known fragrances, hair, nails, makeup, and skincare products, with a portfolio boasting legendary brands like Maybelline, Garnier, Redken, and Ralph Lauren. Headquartered in Clichy, Hauts-de-Seine, France, the company has also become a surprisingly strong top MBA recruiter. Lets take a look at what business school students need to know about the personal care empire.