MBA News: Jain Leaves for INSEAD & Darden Starts a Global Exec MBA Program
Today, we’re debuting a new feature”the MBA news roundup! Aspiring business school students should know what’s going on at their target schools. So we’ll be collecting big stories from around the web on a semi-regular basis to keep you updated.
In this installment:
UVA-Darden is launching a new Global Executive MBA program. Dean Robert F. Bruner promises: This new MBA format will deliver the Darden Experience for which we are so well-known but in an international format. The program will enhance the skills of high-potential executives who need to be ready on day one to do business in any market around the globe. More info is available here and here.
Bloomberg Businessweek reports Dipak Jain”formerly the long-time dean of Kellogg”will take over in March at INSEAD.
Nitin Nohria, the incoming dean at Harvard Business School, recently spoke to the Boston Globe about his ambitious goals for his tenure. Just to start with, he expects more from the school than just bouquets and butterflies.”
Also at HBS: The alumni bulletin has an interesting update on the school’s new executive MBA program for health care administrators. It’s designed to develop the strategy, leadership, finance, and operations skills that senior health-care professionals need to transform care delivery in their organizations.
Stanford is launching a new 20-week Program in Innovation and Entrepreneurship, aimed at engineers, inventors and others working in Silicon Valley.
For the aspiring entrepreneurs out there, Ross has released a fascinating study about how Twitter can help upstarts compete with bigger firms.
And finally, the Economist has released its MBA rankings. See a breakdown here.
Did we miss anything major? Let us know in the comments!
More B-Schools Hiring Former CEOs
You’ve probably spent lots of time weighing the merits of various business schools”professors, location, course offerings. But this month’s Bloomberg Business Week offers some food for thought about the individuals who lead the whole operation: deans.
The article profiles two programs that have recently hired former corporate executives as deans. Boston University has recruited Kenneth Freeman, formerly of Quest Diagnostics, while Viacom’s Neil Braun will start in the fall at Pace. And they aren’t the first, either. Corporate deans are still rare, but you’ll find them at both Wake Forest and Ohio State University. Why the non-traditional choices? They can bring a new perspective, as search committee chair N. Venkat Venkatraman explains: “We wanted someone who could think outside the box, and the committee felt that Ken Freeman brought something new and exciting to the school. There’s also the appeal of a candidate with extensive management experience. The search committee told Freeman they wanted a builder, someone who could advance the school’s strategic plan”and that’s what they saw in the former CEO.
Don’t expect a sea change in the hiring of b-school deans, but this is certainly an interesting development in MBA education.
Brush Up On Business Basics Online
The prospect of returning to school for an MBA can be a bit daunting, especially after a few years in the workforce. Once you get in, you might want to get a head start on your classes. Or maybe you’re considering applying, but you aren’t sure about the classroom experience”what it’s like, whether you feel prepared, if it’s something you really want to do. Fortunately, thanks to the wonders of modern technology, you can get a taste of the b-school curriculum ahead of time.
Many schools essentially offer entire classes online: lecture notes, classroom handouts, assignments. For example, MIT is a big participant in the OpenCourseWare program, an international consortium of schools that post course materials online, completely free of charge. So you can take a closer look at many of the Sloan School of Management’s offerings before you ever even make a campus visit. They’ve got bits and pieces of an impressive number of classes online, including:
- Economic Analysis for Business Decisions
- Optimization Methods
- Introduction to Financial and Managerial Accounting
Columbia has some seminars posted, and Stanford’s Graduate School of Business posts interesting videos of speakers and panel discussions at their YouTube channel. You’ll have to sort through commencement videos and the like, but it’s worth investing some time to see GE’s Jeff Immelt talking about leadership.
Even if you’ve already been admitted to your school of choice, you might want to brush up on your fundamentals before arriving on campus. You wouldn’t want to be ill-equipped for the dreaded cold call. There are a number of classes that will help lay a firm foundation for your first year coursework. Carnegie Mellon has a stats class, and Berkeley has audio of both micro and macro economics courses available.
Then there’s the just-plain-interesting. Yale University has made Professor Ben Polack’s Intro to Game Theory available here. (Follow it up with Sloan’s Game Theory for Managers.) You can even download lectures onto your iPod, but be careful not to get distracted by backward induction and evolutionary stability”we wouldn’t want you to walk into traffic. Johns Hopkins has a class on occupational health, while Tufts offers one on multilateral negotiation.
And that’s just the beginning of the intriguing b-school resources. Next week we’ll round up great podcasts for prospective and incoming b-school students.