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Aug 31, 2018

University of Maryland Reveals MBA Deadlines, Essays

Maryland Master of Finance

The newest University of Maryland MBA deadline dates for UMD Smith are here. Mark your calendar with the details below.

University of Maryland Deadlines (2018-19)

Round One

Deadlines: October 1, 2018
Notifications: December 23, 2018

Round Two

Deadlines: November 1, 2018
Notifications: January 15, 2019

Round Three

Deadlines: December 15, 2018
Notifications: March 15, 2019

Round Four

Deadlines: January 15, 2019
Notifications: April 15, 2019

Round Five

Deadlines: March 1, 2019
Notifications: May 1, 2019

University of Maryland Smith MBA Essays

Required Essay

Why Smith? Why an MBA? Why now? Be sure to include your short-term and long-term career goals (300 words).

Optional Essay

Please use this essay to discuss anything additional about your candidacy that you have not yet shared in your application.

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Jul 17, 2018

Supply Chains, Rankings Changes, and More – Philly News

Supply Chains

We know it’s hard to keep up with the news while you’re enjoying your summer, so we put all the latest Philly MBA news in one place just for you!


How UD MBA Grad Lisa Weaver Saved DuPont $8 Million and CountingUDaily

Lisa Weaver, an MBA graduate from the Delaware University Lerner College of Business and Economics, was recently named to the Institute for Supply Management’s 30 Under 30 Supply Chain Stars list. As category manager for DuPont’s sourcing and logistics department, Weaver led initiatives resulting in more than $8 million in savings.

In a recent Q&A with her alma mater, Weaver explained how her experiences at UD influenced her career in supply chain management.

“Lerner resources like the Career Services Center allowed me to find the right jobs for me at the time,” she said, adding:

“Additional programs like the Graduate Executive Mentors program allowed me to expand my network and develop a relationship with a mentor. My mentor has challenged my thinking, increased my confidence and provided alternative perspectives. Each of these experiences through Lerner have influenced my career in a different way and provided additional capabilities to be successful.”

You can read more about Weaver’s impact at DuPont and her Lerner experience here.

Faculty Quality, Other Factors Propel Penn State Smeal Executive MBASmeal News

The Executive MBA Program at Penn State’s Smeal College of Business was ranked as the 26th overall and 7th among programs from public institutions in The Economist’s 2018 recent list of top global EMBAs.

“What makes the Smeal Executive MBA Program truly unique and led to a successful debut in today’s rankings is our unmatched combination of faculty quality and the unique access our students have to those amazing resources,” said Managing Director Jason Stieg. “The program delivers every course in a face-to-face environment using the same renowned faculty who teach in Smeal’s full-time residential MBA program at University Park.”

Image result for penn state smeal philadelphia campus

Smeal’s EMBA in Philadelphia is one of the top ten public programs in the world, according to The Economist.

The Philadelphia-based Executive MBA takes place over 17 months, and is the highest-ranked Philadelphia-area program. You can learn more about the program here.

Saint Joseph’s Offers Exclusive Healthcare MBA Program for American Osteopathic AssociationSJU News

According to a recent press release, Saint Joseph’s Haub School of Business has announced a healthcare-focused Executive MBA program designed exclusively for the American Osteopathic Association’s physician members.

“An executive MBA in health care expands doctors’ knowledge of industry challenges and solutions and allows them to prepare for their next steps—career shifts into administration, consultancy, or running a private practice,” said Joseph A. DiAngelo, dean of the Haub School. “We are proud to equip healthcare leaders with such valuable skills.”

The program offers participants an online, two-year MBA while also simultaneously completing medical education credits. To learn more about the executive MBA in health care program, or to learn how to apply, click here.

Temple Fox Business Dean Moshe Porat ResignsMetroMBA

Months after Temple University’s Fox School of Business was removed from the U.S. News & World Report rankings earlier this year, Moshe Porat—the long-time dean of the business school—was officially asked to resign while the internal structure of the school goes into rebuild-mode.

No news has been released as of yet of Porat’s replacement, or which methods Fox will offer to change in the future when it comes to school rankings. You can read more about his resignation here.

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Jun 5, 2018

MIT’s Unique Team Building Tool, and More – Boston News

team building tool

Let’s explore some of the most interesting stories that have emerged from Boston business schools this week.


Stop, Collaborate, and Listen: Music Making as an Effective Teaming ToolMIT Sloan Newsroom

The MIT Sloan School of Management recently hosted an Innovation Period workshop entitled “Music Making as Effective Teaming Tool,” which focused on leadership training through music. The workshop was developed in conjunction with New York nonprofit Found Sound Nation, which uses “collaborative sound-making as a tool to help enhance communities and build bonds.”

MIT Leadership Center Associate Director Abby Berenson explains, “Through music-making, they create a sense of community and a sense of teams, and through teams, this leadership practice. That’s really at the heart of what we try to bring for any of the SIP workshops we do.”

Sloan MBA student Faye Cheng added, “Being able to experience failure in a low-risk setting gave [me] new insight into how it can open up new avenues for creativity and innovation. It didn’t have to be a perfect sound, it was just ‘Let’s try things out and layer them on.’ In real life, it can be more daunting to fail in that way or make a decision and have to undo it later.”

You can read the full article here and listen to the students’ songs below.

How Companies Can Identify Racial and Gender Bias in Their Customer ServiceHarvard Business Review

The Harvard Business Review recently published an article by HBS Organizational Behavior Ph.D. candidate Alexandra C. Feldberg and UVA Darden assistant professor of marketing Tami Kim in which they explore the prevalence of racial and gender bias within customer service.

As part of their ongoing research, Feldberg and Kim “audited 6,000 hotels in the U.S. by sending email inquiries from fictitious email accounts that signaled senders’ race and gender. By systematically examining replies to these inquiries, we observed that frontline employees were less responsive to nonwhite customers and objectively less helpful and friendly. In other words, compared to white customers, black and Asian customers received worse quality service.”

They offered four effective strategies that large companies can implement to combat racial and gender bias:

  1. “Develop anticipatory service protocols.” In other words: standardize scripts and develop rules.”
  2. “Develop channels for employee feedback” to accommodate any new customer service issues.
  3. “Emphasize not just “best” service,” which the researchers argue can be “onerous and subject to interpretation,” but “equal” service.
  4. “Diversify employees’ experiences … through hiring and employee rotations.”

You can read the full article here.

Real World Statistics with Professor Ed VieiraSimmons Blog

The Simmons School of Management blog recently re-published an interview with associate professor Edward T. Viera, Jr., whose 2017 textbook on applied statistics raised a number of interesting questions related to how big data and statistics can be utilized in the health care industry, for instance.

Professor Viera explains, “Statistics allows us to analyze complex problems and provide reliable results, which humans cannot as easily do. Statistics offers the tools to “objectively” analyze a situation so that we can make reliable, data-driven, informed decision … with unprecedented precision.”

He adds, “Through the use of health care analytics, which deploys advanced software and hardware technologies, we can monitor and adjust our research or treatment based on the collection of data in real time.”

Check out the complete interview with Professor Viera here.

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Apr 19, 2018

The Connection Between Social Mobility and Democracy, and More – Chicago News

social mobility

Let’s explore some of the most interesting stories that have emerged from Chicago business schools this week.


Is Social Mobility Essential to Democracy?Kellogg Insights

Northwestern University Kellogg School of Management professor of managerial economics and decisions sciences Georgy Egorov, along with MIT Sloan’s Daron Acemoglu and Chicago Booth’s Konstantin Sonin, recently created a model to understand how voters’ beliefs about social mobility affect their political preferences.

Despite older generations becoming increasingly less optimistic with the potentially positive outcomes of future generations, the researchers find that there’s a decent probability that the children of future generations will rise to a higher economic and social class.

“Having many election cycles means that even with low mobility, the likelihood that a person’s decedents will eventually end up in another class is high. Egorov compares it to two lakes connected by a narrow straight. In the short term, they will not exchange much water. But over the long term, that small exchange will grow and grow until the waters are quite mixed.”

Speaking with Kellogg Insights, Egorov elaborated:

“In a certain sense, expectation of stability begets stability. A thick middle class makes democracy more stable than a thin one. Our research highlights the problems that may follow from a shrinking or thin middle class. Additionally, if the belief in the stability of democracy is undermined, people might well decide it’s not worth defending.”

You can read more about the trio’s research here.

Mendoza Marketing Professor Wins Research AwardMendoza Ideas & News

The 2018 Louis W. Stern Award has officially been bestowed upon Shankar Ganesan, the John Cardinal O’Hara, C.S.C., professor of business and marketing department chair at the Notre Dame University Mendoza College of Business.

The award recognizes Ganesan, as well as co-authors Steven P. Brown of the University of Houston, Babu John Mariadoss of Washington State and Hillbun (Dixon) Ho of University of Technology Sydney for a 2010 article they published in the Journal of Marketing Research entitled, “Buffering and Amplifying Effects of Relationship Commitment in Business-to-Business Relationships.”

According to the article, “The paper examines the buffering and amplifying effects of relationship commitment on organizational buyers’ intentions to switch suppliers when a relationship is strained by the incumbent’s own misbehavior. “

Check out more from Ganesan’s research here.

The Road Ahead: Takeaways from Economic Outlook 2018Chicago Booth Magazine

Chicago Booth Magazine recently dove into the sold-out ‘Economic Outlook 2018’ event last January to “evaluate emerging trends [and] share their insights into the economic outlook for Wall Street and Main Street—ten years after the financial crisis.”

Randall S. Kroszner, the Chicago Booth Norman R. Bobins professor of economics, offered a few optimistic projections:

“I do think [the tax cut] is going to have a positive impact, both in the short run and the long run. I think the broad direction is fairly clear: cutting personal tax rates on a weighted average, of about three percent or so, will have positive impact on demand, because that’s going to allow for higher disposable income in the short run.”

Austan D. Goolsbee, Robert P. Gwinn professor of economics and the former chairman of the Council of Economic Advisers, offered slightly more tempered but optimistic projections as well:

“The danger areas continue to be worries about China, where there has been a big acceleration of debt, and a nagging feeling that we really don’t know what’s in the European financial institutions. That said, the overall growth around the world is looking a little better, for the first time in a little while.”

You can read more about Booth’s ‘Economic Outlook 2018’ overview here.

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Apr 5, 2018

Villanova Wins, Wharton and Temple Land Donations, and More – Philly News

Villanova Win

Philadelphia was up late this week watching the Villanova win its second NCAA Championship in three years, but that wasn’t the only exciting news out of the City of Brotherly Love. Here’s your weekly Philly business school news brief!


William P. Lauder Endows the William P. Lauder Wharton Leadership Fellows Program with $4 Million GiftWharton News

The Wharton School at the University of Pennsylvania announced that alumni William P. Lauder has committed $4 million to endow the William P. Lauder Wharton Leadership Fellows Program. Wharton Leadership Fellows are second-year MBA students who mentor, coach, and support first-year students in developing their potential and strengthening their performance as learning teams.

“I have always believed that great leaders are also great teachers, coaches, and mentors,” said William P. Lauder, who serves as Executive Chairman of The Estée Lauder Companies. “That’s what I expect of leaders at The Estée Lauder Companies, and what I hope to model for MBA students … I am thrilled to support this outstanding program’s continued growth and evolution.”

Lauder is also a member of the University of Pennsylvania Board of Trustees, the Lauder Institute Board of Governors, the Wharton Leadership Advisory Board, and a lecturer in the Wharton School. His family has a track record of giving back to the Wharton community, including funding for the Lauder Institute, student fellowships, and numerous capital projects, such as the recently completed New College House at 3335 Woodland Walk.

Read more about Lauder’s gift and the Leadership Fellows program here.

Stanley and Franny Wang Make $2 Million Gift to Fox School of BusinessFox School News

In similar news, a $2 million gift from Temple alumni Stanley and Franny Wang will support a fully endowed chair professorship at the Fox School of Business, and create an endowed fund for the Stanley and Franny Wang Chair in Business and Management. According to dean Dr. M. Moshe Porat, the fully endowed chair will be held by a leading scholar in a department soon to be chosen.

“I am continually humbled by the generosity of our school’s graduates, and Stanley and Franny Wang serve as shining examples of this philanthropy,” said Porat. “The Fox School has a proud tradition of providing leading and cutting-edge business education. Stanley and Franny’s transformative gift will significantly enhance our efforts to attract the world’s top professors and most-renowned researchers—both now in our centennial year and throughout the school’s next 100 years.”

Learn more about the Wangs and their generous gift to Temple here.

Associate Professor Korschun Receives Fulbright Award, 2nd for LeBow Faculty in 2018LeBow News

Daniel Korschun, associate professor of marketing and Stephen Cozen Research Scholar in Marketing, has received a Fulbright award to travel to Italy for a research project. According to a press release, Korschun will teach and conduct research on political statements by corporations at Libera Università Internazionale degli Studi Sociali Guido Carli from September to December 2018.

“With the two-party system here in the United States, these decisions are made in a simpler context,” Korschun said. “In Italy, they don’t have that—there are a lot more shifts in how people see their political identity. That makes it more complex to disentangle what’s going on in people’s minds.”

Korschun is the second LeBow professor to be awarded with the prestigious Fulbright Award: Economics Professor Konstantinos Serfes received a Fulbright award to visit the University of Exeter in the United Kingdom during spring 2019.

Read more about Drexel’s Fulbright Scholars here.

Villanova’s Title Proves it is the Best Team—and Program—in All of College BasketballESPN

Okay, okay—not business news—but a big deal for Villanova and the surprisingly championships-filled city of Philadelphia.

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Mar 22, 2018

Drexel MBA Team Earns Second Place, and More – Philly News

drexel mba

Let’s review some of the biggest news coming out of Philadelphia business schools this week.


MBA Students Weather the Storm and Win Second PlaceLeBow News

Four first-year Drexel University LeBow College of Business MBA students braved a winter storm in order to compete in the inaugural University at Buffalo MBA Case Competition in Buffalo, New York. The Drexel team ended in second place, winning a $3,000 prize. The competition was hosted by the University at Buffalo School of Management and sponsored by Dun & Bradstreet.

“It was an all-star group, and it was a huge learning experience for us,” said Cory Terzis, who—along with Joseph Dipre, Dhruv Gandhi and Zach Hauck—made up Drexel’s team.

The Drexel LeBow MBA team / photo via lebow.drexel.edu

You can read more about the team’s experience here.

In Memoriam: Erivan K. HaubHSB News

Erivan K. Haub, the namesake of the Haub School of Business at St. Joseph’s University, passed away on Tuesday, March 6, in Pinedale, Wyoming. St. Joesph’s business school was named after Haub in 1997 following the Haub family’s support for business education at SJU over a three decade period of time.

“There is no doubt that the international business world lost an extraordinarily successful and influential entrepreneur with the passing of Erivan Haub,” said University President Mark C. Reed, Ed.D. “More importantly, Saint Joseph’s lost a partner who will forever be remembered for his generosity and friendship.”

You can learn more about the life and accomplishments of Haub here.

Postponed: Women’s Leadership Initiative LaunchUD Daily

In a previous edition of Philly News, we reported that Lerner College at the University of Delaware was hosting the Women’s Leadership Initiative Launch at the Roselle Center for the Arts on National Women’s Day. However, bad winter weather prompted organizers to postpone the event. According to the school, the event will be rescheduled, likely in the fall of 2018.

According to University of Delaware, the Women’s Leadership Initiative, “… is the preeminent driver of learning to propel transformational women leaders and advance gender equity in the workplace.”

The event was set to feature alumni speakers like Terri Kelly, president and CEO of W.L. Gore and Associates, Inc., Mary Ellen Payne, former VP of sales and marketing at Verizon Communications, and several others. There is no word on who will be able to attend the make-up event.

Read more about the Women’s Leadership Initiative Launch here.

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