Startup Global Philadelphia Arrives at Temple University Fox School of Business
In late September, Temple’s Fox School of Business hosted Startup Global Philadelphia, which provided resources, strategies, and advice for startups that wanted to expand internationally. The panel topics included: tools and strategies to grow internationally; legal considerations for global startups; startups going global; and government partners and community resources.
One of the overarching themes of the advice given at the event was: take advantage of resources offered to startups. Both the private and public sectors can offer a multitude of resources to help start ups expand their reach.
Export.gov is a resource provided by the Department of Commerce to offer advice and tools meant to help U.S. companies effectively reach global markets. Usman Ahmed, Head of Global Public Policy at PayPal, spoke on a panel, and revealed that PayPal actually has a Global Sellers Program to create versions of company websites specific to different regions. Using cutting targeted marketing techniques, PayPal is able to hone in on exactly which color schemes and verbiage work in various locales.
It is also essential that startup companies looking to go global utilize the professionals who specialize in protecting ideas, such as advisors and lawyers.
“You have to protect [your idea] before you go anywhere. Eighty-six percent of SMEs and independent inventors did no know that their United States trademark of patent would not be protected overseas,” said attorney-advisor at the U.S. Patent and Trademark Office, Benjamin Hardman.
Another theme of the event was: utilize your own knowledge base. Temple student Nigel Satenstein told the origin story of his startup, Pinpointer, which exists to help people without clear addresses benefit from eCommerce.
According to Satenstein, “It all started one day late last summer when I got a call from one of my best childhood friends. He started telling me about his roommate, Sam, who was born and raised in Kathmandu, Nepal, and to this day still down not have a home address.” This story prompted Satenstein and his friends to build a tool that would account for this gap, and because they had personal knowledge of Kathmandu, then chose to start by using the technology there.
The free annual event took place at Temple’s Alter Hall, on 1801 Liacouras Walk.
Startup Global Philadelphia is a collaboration between the U.S. Department of Commerce and the Global Innovation Forum.
The Berkeley-Haas MBA Career Path
Three months after graduation, nearly 87 percent of University of California, Berkeley Haas School of Business full-time MBA students had a job. These graduates accepted positions in a variety of industries and at a range of top companies including Adobe, Cisco, Facebook and Microsoft. And thanks to Haas’ close connection with Silicon Valley, 38.8 percent were in technology. Continue reading…
The FinTech MBA at NYU Stern
The finance industry has historically gone hand-in-hand with MBA degrees. Even as MBAs are becoming increasingly popular in other industries, finance is still the biggest MBA job sector and accounts for 22 percent of all MBA jobs, according to the 2014/15 QS TopMBA.com ‘Jobs and Salary Trends Report.’
While finance has always been a prominent staple of business school, it’s also been a bit of an “old-school” science. In recent years, the role of technology in business increased dramatically as computers, big data and business analysts have entered the arena. These developments have opened up new sectors and industries including FinTech. Continue reading…
Inside the FinTech Industry
Finance has always been one of the hottest MBA industries. In fact, at many top schools such as the Booth School of Business and NYU Stern, over 30 percent of MBA graduates go into the financial industry each year. Why? Because it’s lucrative—the average Finance MBA earns $121,000 a year compared to $104,000 for other specialties—and well respected. However, until now, one thing that an MBA in finance did not offer was innovation.
The finance industry is one of the oldest and most prestigious industries around. It’s built on a foundation of history and careful research; after all, no company wants a CFO who makes decisions based on gut instinct. But, recently, a new side of the financial services industry has started to gain traction: FinTech. Continue reading…
Inside the Career Treks at McCombs
An MBA program that spends all of its time and effort only in the classroom is one that may leave its students at a disadvantage. The truth is that it’s the hands-on and out-of-class experiences that make the biggest impression on MBAs, and that’s exactly why McCombs School of Business at the University of Texas at Austin takes their MBA students on career treks every year.
These treks, led by the Texas MBA Career and Management team, take MBAs to various cities and companies around the nation for a unique learning opportunity. During each trek, MBA students learn more in-depth information about their favorite industries and corporations through presentations, Q&A sessions and networking opportunities. And so far, the treks have been a huge success. Continue reading…
Payment Method Affects Perceived Value of Purchase, Rotman Professor Finds
The University of Toronto’s Rotman School of Management this week shared exciting new research published in the Journal of Consumer Research on the correlation between the ease of a consumer’s preferred payment method and the perceived value of the good or service purchased.
