Helping the Homeless Find Work, New Awards, and More – New York City News
Let’s explore some of the most interesting stories that have emerged from New York business schools this week.
Binghamton University Alumni Combat Homelessness By Building Résumés, Confidence – Binghamton SOM
Binghamton SOM’s blog recently profiled Lazarus Rising, an emerging nonprofit led by alumnus CEO Danny Graziosi (’17, MBA ’18). Graziosi’s mission is to empower homeless individuals to “navigate the twists and turns of the modern-day job hunt.”
He writes, “There are so many misconceptions about homeless people. A lot of them are people who have fallen on hard times. Maybe they went through a divorce or they lost everything during the recession or they were sick.”
When he first got involved with the organization, Graziosi realized that the participants had a lot more work experience than people may assume.
“An important part of what we do is show our participants that they have value and that they can contribute that to society, giving them confidence in their abilities.”
According to the article, college-age and young professional volunteers work with individuals at homeless shelters to help “build résumés, holding mock interviews and walking them through the job-application process.”
Lazarus Rising, founded by Binghamton MBA alum Danny Graziosi, helps the homeless navigate the difficult task of getting back into the labor force / Photo via binghamton.edu
Visit Lazarus Rising’s website for more information and read the full article here.
Patients, Doctors Dissatisfied by Electronic Health Records – Lehigh College of Business & Economics Blog
In contrast to a recent Mendoza College of Business study, new Lehigh University College of Business and Economics research uncovered very different conclusions after surveying how the “integration of outpatient and hospital Electronic Health Record (EHR) systems affected provider and patient satisfaction” at ob-gyn practices as part of the Lehigh Valley Health Network.
Published in the Journal of the American Medical Informatics Association, researchers discovered that the implementation of EHRs were seen as disruptive and frustrating across the board to physicians, staff, and patients.
Coauthor and Lehigh Professor of Economics Chad Meyerhoefer writes, “It was more of an adjustment for physicians, as it required them to do additional documentation they didn’t have to do before, and it had a bigger impact on their workflow.”
“Our thought was after the system was implemented and some time had passed and all these new capabilities are added to the system, the patients would see the benefits of that and feel better about their visits. But that didn’t happen.”
Meyerhoefer explains the major takeaway:
“During these implementations or after you have the system in place, you have to really think about how this is going to affect patients and maybe do training on patient interactions with electronic medical records to head off some of these negative effects.”
You can read the full article here.
Director of the Business Leadership Center Receives the Leo Zatta Award from Team Walker – Stillman School of Business
The Seton Hall University Stillman School of Business announced that Buccino Center for Leadership Development Director Michael Reuter will receive Team Walker’s Leo Zatta Award this October.
According to the school, the mission of Team Walker is to “improve the quality of life for the children of Jersey City [via] after-school and summer programs that teach sports, academics and life skills.”
Team Walker President and CEO and former Seton Hall University basketball star Jerry Walker (’03) writes, “I have known Michael for ten years, and he is a truly kind and caring man. He goes beyond the call of duty in his service to Team Walker, and I appreciate the work he and his students have done for us.”
“It is because of him and his team that Team Walker secured an essential grant through the Department of Education. That money helps us to continue in the pursuit of improving the lives of Jersey City children.”
Reuter writes, “This award is evidence of the hard work and dedication of all those who are a part of the Buccino Center.”
Read the full article 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.
Zicklin’s Executive MBA in Healthcare Administration is one of the few programs in the New York metro that has both AACSB and CAHME accreditation.
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.
Which 1-Year MBA Program in New York Is Right for You?
New Yorkers are always in a hurry. For those looking for that same speed with their MBA, they’re in luck. The city—home to eight million people—has five schools where candidates can graduate with an MBA or similar degree within a year.
What better place to build your business knowledge than New York City? Business people from around the world come to the city—but not you. You’d be living in it. Plus, major international companies are headquartered there. JPMorgan Chase, Citigroup, and IBM, for example.
Check out some of the best one-year MBA programs in the city that never sleeps.
Binghamton University School of Management
Binghamton University’s School of Management sits in Midtown New York City. Students will have easy access to Bryant Park, Penn Station, Grand Central Station, Port Authority, all the shopping they need—and the nearby beauty of Chelsea.
The school came to the area in 1970. Its Professional MBA is what sets Binghamton apart. It takes no more than a year, and students meet only on Saturdays. The curriculum does demand a full Saturday, but at least it wraps up in a year. And since it’s on the weekend, full-time working professionals are good to go, too. The school reports students can save $20,000-$50,000 compared to other MBA programs in New York City.
Zicklin School of Business – Baruch College
Baruch College formally created its Zicklin School of Business in 1998 after an endowment from an alumnus Lawrence Zicklin. But the MBA program has been offered since 1920.
Its one-year MBA program is fairly new. The first cohort enrolled this past summer. The program begins in June and takes 12 months. Applicants are expected to have two to five years experience. Given the program’s speed, the class schedule will be intense and build on already acquired knowledge. Students have the option to study abroad during the winter intersession.
Lubin School of Business – Pace University
The Lubin School of Business at Pace University has been around for more than 100 years. Since 1906, the school has been cranking out business graduates ready to take New York City by storm. It offers a unique one-year fast-track MBA—only in financial management.
This specialty in finance gives business students an edge. Graduates will walk away from Lubin knowing how to provide financial consultation to corporations. Lubin is sure to plug its students into any necessary resources for them to succeed. For example, MBA candidates can access the Bloomberg workstation and other financial databases. Classes are based in New York City and Westchester, a short train ride away.
Stern School of Business – New York University
New York University is one of New York City’s most well-known university, so the Stern School of Business is too, naturally. In the middle of Greenwich Village, students can occupy themselves with endless activities when they’re not in class.
However, the Stern School of Business doesn’t quite offer one-year MBAs. Its specialized one-year programs are for its MS in accounting, MS in business analytics, and an MS in global finance. These programs add an oomph to any business professional looking to build their expertise. Most of the programs include a global format, preparing graduates for a global field.
Lehigh University College of Business and Economics
Editor’s Note: As part of the Lehigh 1-MBA program enhancements, the internship component was replaced with a Consulting Practicum. Click here to learn more about the 1-MBA.
Researchers at Columbia Business School Address MBA Gender Gap
Over the last few years, top business schools across the world have worked toward gender parity in their MBA programs—with considerable progress. Many MBA programs now admit more than 30 percent women, and a growing number of leading schools top the 40-percent mark. But amid these strides, another problem has emerged: an academic performance gap between male and female students. Recently, researchers at Columbia Business School (CBS) dug into the gender performance gap issue to understand why it happens and how to fix it.
After completing multiple empirical studies, including a survey of MBA students and a review of performance data, the researchers found that both students’ background and their behavior in class have the biggest impact on the gender performance gap. Further, the researchers found that the performance difference was most evident in technically focused classes, such as accounting and finance, and less so in socially oriented courses, such as leadership and marketing.
According to Michael Morris, CBS Leadership Professor and one of the study’s authors, the findings shed “new light” on the gender performance gap at top business schools. “But more importantly, they offer business school leaders directions for policies to effectively redress the grade gap,” he continued in a press release.
The researchers found that one of the main reasons behind the performance gap in technically oriented classes was the students’ background. After examining reported interests in both admissions applications and career counseling inventories, the researchers found that female students are more inclined toward the “poet” interest profile, while male students are more inclined toward the “quant.” For top MBA programs, this means that from the first day of class, male and female students come in with different interests, aptitudes, and experiences that will need to be addressed in order to break gender norms.
Gender norms were also a problem when it came to behavior in the MBA program. Researchers found that female students were typically less assertive, which hindered their learning in technical courses.
“Our research shows that female students far too often hold back and hesitate to ask the kinds of questions that would help them better master technical concepts and procedures, perhaps because it is inconsistent with the established gender norms linking men with technical ability. This has a profound effect on their overall achievement in MBA classes,” said author Aaron Wallen, Executive Director of the Management Division at Columbia’s School of Professional Studies and a former CBS lecturer.
To truly close the gender gap does not simply mean enrolling 50 percent female students, the researchers noted. Instead, top MBA programs also need to do the following three things:
- Sponsor programs that bring in more technically oriented female candidates.
- Conduct outreach to STEM undergraduate programs.
- Reduce required work experience to enroll younger students.
They also recommended including a training program for both faculty and students to teach them the skills for eliciting and managing participation in the classroom and other work settings.
To learn more about the research study—authored by CBS Professors Wallen, Morris, and Jackson G. Lu and INSEAD Professor Beth A. Devine—click here.
This article has been edited and republished with permissions from Clear Admit.
NYU Stern MBA Scholarship Spotlight
Finding a way to afford your MBA degree shouldn’t be as challenging as the application process, but often it can be. With acceptance to a top MBA program can often come a top cost, which can often be a deterrent for someone pursuing their graduate degree. Through funding and scholarship opportunities, however, students may have the opportunity to reduce the cost of their degree, helping more up-and-coming business professionals have a shot at the quality education they deserve.
Finding The Best New York Executive MBA Programs
An Executive MBA (EMBA) is an excellent option for motivated professionals looking to advance in their industry. Most EMBA programs are tailored to accommodate a full-time work schedule. According to U.S. News and World Report, the average salary for EMBA grads increased by about 14 percent just a few years ago. Whether you’re feeling stuck in your current position, or just looking to get ahead of rapid changes in your industry, an EMBA is a worthwhile investment. And for those living or working in the northeast, we’ve laid out some of the best New York Executive MBA programs.
