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  • From: g00se
  •  
  •   Total Posts: 47
  • Posted: 5/11/06
  • 100 of 108

Holen, point taken. The guy is a loser and a troll.  Will take your advice and ignore.

Switching gears, here's an article in an attempt to bring this thread back on topic...

Business School Alumni Russell Carson, Henry Kravis, and Arthur Samberg All Make Extraordinary Gifts
 
    NEW YORK, May 11 /PRNewswire/ -- Columbia Business School announced today that three prominent alumni will make gifts to the school totaling $45 million. Russell L. Carson and Henry R. Kravis each will donate $10 million, and Arthur J. Samberg will give $25 million.
    All three alumni donors are leaders in the investing community. Russell Carson is a founding partner of Welsh, Carson, Anderson & Stowe, one of the country's largest private equity firms and a leader in healthcare and information services investing. A legendary private equity investor, Henry Kravis pioneered corporate acquisitions through his firm Kohlberg Kravis Roberts & Co. Arthur Samberg is chairman and chief executive of Pequot Capital Management, one of the world's leading hedge funds, based in Westport, Connecticut. Carson and Kravis are co-chairs of Columbia Business School's Board of Overseers and Samberg is a member of the Executive Committee.
    These leadership gifts will be used to launch new strategic initiatives in curriculum and faculty development, advancing Columbia Business School's position as a global business thought leader.
    Glenn Hubbard, Dean of Columbia Business School, said in a University Lecture entitled "Business, Knowledge, and Global Growth" that he presented Tuesday at Columbia: "The present challenge for the top business schools,as I see it, is to inspire our researchers to be in close contact with business leaders and to answer practical questions for the rigorous and vigorous scrutiny of real-world application." About the donations, the Dean commented, "These alumni have demonstrated a commitment to cultivating ideas that will help business schools shape society and foster growth. Their commitment represents an unprecedented endorsement of Columbia Business School, its teaching approach, faculty, relevance, and future plans."
    "These impressive commitments to Columbia Business School are powerful signals not only of the school's core importance to the future of the University, but also of the momentum Columbia is now building toward a critical mass of excellence across every field of undergraduate and graduate education," said President Lee Bollinger. "We are deeply thankful to Russell L. Carson and Henry R. Kravis and Arthur J. Samberg for their
generous support and to Glenn Hubbard for his dynamic leadership that is making Columbia Business School one of the most exciting and innovative in the world."
    These gifts launch three critical areas of Columbia Business School's new strategy. The largest, the Samberg gift, is a challenge grant designed to build the Columbia Business School faculty. It will endow chairs through a matching grant, helping to recruit faculty in burgeoning subject areas and strengthen Columbia Business School's existing faculty. The challenge-a one- to-one match-is designed in particular to encourage the next
generation of supporters of the School.
    A portion of the Carson gift will reinforce the Samberg focus on faculty by supporting new Business Practice Partnerships, allowing faculty to team with corporate leaders through sabbaticals, internships, and research partnerships. The Partnerships reflect one of Columbia's major advantages-its New York City location-providing a constant interchange between theory and practice as the School takes a leadership role in the
business community. This gift will also be used to significantly grow the School's Social Enterprise Program-another linkage with New York City.  The Kravis gift, which, like the Carson donation, is an unrestricted gift, will underwrite a new center for case study development, advancing the development of a Columbia Business School case model-focused on short cases with strong quantitative and analytical data, modeled on real-time
decision making. Columbia students have clamored for additional cases developed along the lines of Columbia's teaching style. The cases will reflect the imperfect world of decision-making that students will encounter in the business world.
    Russell L. Carson is a general partner of Welsh, Carson, Anderson & Stowe, one of the country's largest private investment firms, which he co-founded in 1978. Over the past 24 years, WCAS has raised 14 institutionally funded limited partnerships with total capital in excess of $15 billion and has invested in more than 250 companies. The firm has evolved into the leading specialist in the buyout of privately owned companies in the information services and health care industries. Mr. Carson has focused on WCAS's health care investment activities and is currently a director of four portfolio companies. From 1967 to 1978, Mr. Carson was employed by the Citicorp Venture Capital subsidiary of Citicorp and served as its chairman and chief executive officer from 1974 to 1978. Mr. Carson received his BA degree in economics from Dartmouth College in 1965, where he is currently a trustee, and received his MBA from Columbia Business School in 1967. Active in community affairs, Mr. Carson is chairman of the Rockefeller University Board of Trustees, a trustee of the Metropolitan Museum of Art, director of the Partnership for New York City and a director of the World Trade Center Memorial Foundation. He resides in New York City with his wife Judy.
    Henry Kravis is Founding Partner of Kohlberg Kravis Roberts & Co., a merchant banking firm he founded with two partners in 1976. He earned a BA in Economics from Claremont McKenna College, California, and an MBA from Columbia Business School in 1969. While at the Business School, Mr. Kravis was also vice president of Katy Industries, where he designed and implemented its acquisition program. He then joined Bear Stearns & Co.,
where he became partner, and remained there until he and two colleagues from Bear Stearns founded KKR, a firm that pioneered the development of the management buyout. Mr. Kravis has been involved in the largest and most successful acquisitions via management buyouts, including RJR Nabisco, Beatrice, Duracell, and Owens- Illinois. His firm has completed more than 140 transactions with a total acquisition price of approximately $185
billion. Mr. Kravis has served or is serving on numerous corporate boards,including RJR Nabisco, Safeway, Gillette and Borden. He is a member of the Council on Foreign Relations and serves on the boards of the Partnership for New York City, the New York City Investment Fund, the Metropolitan Museum of Art, Mount Sinai Hospital, Public Television Channel 13/WNET New York, and the Rockefeller University. He and his wife, Marie-Josee, live in New York City.
    Arthur J. Samberg is chairman and chief executive of Pequot Capital Management, a leading diversified alternative investment firm.

...[Message truncated]
  • From: coco101
  •  
  •   Total Posts: 52
  • Posted: 5/23/06
  • 101 of 108

Hi Eclectic,

I'm attending Chicago GSB in the fall. Where are you located at the moment? I'm in Australia, but off to spend a month in the south of France before coming to Chicago in August.

Coco.

  • Posted: 5/25/06
  • To: All
  • 102 of 108

Recent article which may be of interest from a current CBS student's perspective...

Columbia lands you in the jet set

The Sunday Times      May 21, 2006

MBA Special


Within days of arriving in New York last August to start my two-year MBA at Columbia, one of the world's top business schools, I was invited to a flat-warming party by one of the guys in my class. Fine, I thought, and took the subway down. I'd been to plenty of parties back in Bristol, where I did my first degree. I knew what to expect, the kitchen, the wine bottles, the student gossip. Or I thought I did.

But then I arrived at the flat — to discover it was a penthouse on the 79th floor of a building overlooking Central Park. I just thought "Wow". Here I was in New York in this amazing penthouse with students from all over the world who had already achieved things that would leave most people gasping.

In my class there is a Nasa engineer, an adviser to the Afghan minister of finance, a producer for NBC, and the founder of Wall Street Volunteers in New York. Sometimes even the cynic has to admit they are on to something.

There are people in my year from 46 countries who between them speak 50 languages. As I meekly raised my hand to introduce myself, I decided not to draw attention to my GCSE French and opted instead to highlight my (very) basic Mandarin. Big mistake, I realized, as my future roommate, Ya Zhu from Hunan, stepped forward.

It's the melting pot of cultures I've been thrown into that has most changed me to date. Back in London, I realised, all my friends were English. Only two of my friends out here are from Britain. In my group (most of our work is done and marked in the same group, forcing you to learn collaborative and teamworking skills), I have Marc, an investment banker originally from Lebanon; Mili, a marketer for The Gap from California; and Kartik, a financial analyst from India, as well as myself with a media background in Britain.

It's in everyone's interest to get along because for many assignments you are graded with your group — reflecting the latest thinking that the leaders of the future are the ones whose team would do anything for them.

After a few weeks here I found myself spotting types. There's the banking contingent: the classmates who want to move into consultancy or global investment banking and earn huge amounts of money within five years. There's the family business contingent — for instance, the student from Texas who is going to step into a major role in his family's oil business.

Entrepreneurs too: twentysomethings who have already started their own company. One girl last year had set up a bridal boot camp before coming to Columbia, getting people into shape for their wedding. It was making serious money, but she wanted to learn how to expand. And there are people like me, who want to stay in the industry they worked in before, but at a higher level.

By the end of the course — the packed days start at 8am and end around 10pm, after which we all go on to party or dine (well, you are in New York with 600 other students keen to have the best time they can) — I think the thing that will most have changed about me will be my confidence. Because I will be able to walk into any organisation and understand the jobs different people do, I will have the self-belief as well as the qualification to open career doors I previously didn't contemplate.

This summer I'm doing an internship at Fox News. It may be a sign of the market that all my friends here landed the internships they wanted. The top companies are recruiting on campus. It's a boom time again for MBA students. It makes you feel that if you make the effort you can get what you want easily.

Me, I plan to return to Britain. As my mother put it in her congratulations card when I was offered a place at Columbia: "We are so proud of you. Please don't marry an American."

Juliet Kennard was talking to Sian Griffiths

http://www.timesonline.co.uk/article/0,,2092-2189408.html

  • Posted: 5/31/06
  • To: All
  • 103 of 108

The MBA springboard

If you plan to use an MBA course as a springboard to a private equity career, be sure to choose the right school. Blackstone Capital Partners, the US fund with $14 billion under management, presents to students at just three schools: Harvard, Wharton and Columbia. In Europe, you'll be well placed at London Business School or INSEAD.

Last year Columbia Business School sent 30 people into careers in private equity. Considering most funds hire no more than 10 people each, this was no mean feat.

Regina Resnick, head of the careers service at Columbia, points to the school's historic ties with the industry. It helps that big names, such as Henry Kravis, co-founder of Kohlberg Kravis Roberts, are alums and have been known to run roundtable discussions for students. 'Private equity funds like to build relationships with students before they hire,' says Resnick. 'It's a very personalized process - they are not hiring in great numbers and like to get to know people first.'

The implications are clear: if you're at the wrong school, your chances of making friends will be severely limited.

http://news.efinancialcareers.com/HOW_TO_ITEM/newsItemId-3736

  • From: zyxw
  •  
  •   Total Posts: 6
  • Posted: 5/31/06
  • 104 of 108
so Columbia "early bird special" season is here....with "no-return" policy!
  • Posted: 6/1/06
  • 105 of 108
Jesus - you really feel the need to revive this old thread to promote Columbia?  I feel :( for you.
  • Posted: 6/1/06
  • 106 of 108

1) It's just an article, chill the F out.  I didn't write it or say anything bad about you or your school.  No reason to get all butt hurt. 

2) Stop following me around like a little doggie, what's your problem?

3) I'm sorry you're so upset the article doesn't say "Chicago is #1, rah, rah, rah!!!".  There's not all that much I can do about that, so go back to your dirty little cave, troll.

Edited 6/1/06   by  ColumBiatch
  • Posted: 6/24/06
  • To: All
  • 107 of 108

Interesting article below.  It appears that the Stanford GSB is adopting a model similar to that of the Chicago GSB.

Graduate School of Business to adopt customized-curriculum model in 2007

BY BARBARA BUELL

The Graduate School of Business is redesigning its MBA program to allow students to customize their educational experience.

The new model, to be introduced in the fall of 2007, will "challenge every student to his or her fullest capability," said Business School Dean Robert L. Joss, the Philip H. Knight Professor. Creation of the flexible program was based on four months of study and interviews with faculty, students and alumni by an 11-member task force. On May 24, the Business School faculty overwhelmingly approved what is regarded as the school's most far-reaching curriculum change in the past 30 years.

"These new ideas do not tweak at the margins; they aim to create a new, more global and more engaging experience for students," said task force leader Garth Saloner, the Jeffrey S. Skoll Professor of Electronic Commerce, Strategic Management and Economics. "To be sure, the fundamentals—finance, accounting, operations, marketing and strategy, organizational behavior and economics—are still there. But the plan capitalizes on the school's strategic choice to remain small, and it makes students think about what is necessary to good management from the first week they arrive here."

Jeffrey Pfeffer, the Thomas D. Dee II Professor of Organizational Behavior and a frequent critic of management education, said the changes are the most important thing that has happened in his 27 years at the university. "The concept is a complete restructuring of the educational process," he said. "Today, in a typical large, tiered classroom, students have too passive a role in their learning. This makes students more responsible for their education and potentially engages them more profoundly and more deeply."

The new program will require significant funding, a 5 to 10 percent increase in faculty and, ultimately, a new facility with flexible classrooms to accommodate more and smaller seminars, Joss said. The school has developed a building proposal, which will be presented to the Board of Trustees this month. If accepted, the school will pursue a plan for new buildings on campus.

Flexible MBA program

The new program includes four key ingredients.

First, the new curriculum will be customized to each student. After a common program in the first quarter, students will face no specific required courses but instead a set of distribution requirements to give them the breadth of knowledge that a general manager needs. Requirements will vary in order to challenge every student regardless of past experience. In some cases, "flavors" of a given topic will be offered so that students can tailor their curriculum to their career goals. To take advantage of this flexibility, during the first quarter students will take courses that raise fundamental questions of managerial relevance and point to where answers may be found. These will include Teams and Organizational Behavior, Strategic Leadership, Managerial Finance and The Global Context of Management. Students also will form an advising relationship with a faculty member and, aided by placement exams, the team will craft an individual study plan.

Deeper intellectual experience

Second, the new curriculum will foster a deeper intellectual exploration of subjects through a fifth course, tentatively titled Critical Analytical Thinking, during the first quarter. In seminars smaller than 20 people, students will examine issues that transcend any single function or discipline of management, addressing questions such as: What responsibilities does a corporation have to society? When do markets perform well, and when do they perform poorly? When does it make sense to exercise discretion, and when should relatively rigid rules govern behavior? Students will be taught to think and argue about such issues clearly, concisely and analytically, setting the tone for the rest of the program. In satisfying distribution requirements and in general electives, students will be asked to think across disciplines and functions on their own. A second-year autumn schedule will feature intensive one-week seminars, during which students will study specific subjects. The school also plans to add to its complement of Bass Seminars, which are funded in part by a recent $30 million gift from alumnus Robert M. Bass. The seminars, with as few as 10 people, will move students beyond passive learning and into topics of their own choosing. Guided by supervising faculty members, students will be responsible for creating the content of the seminars.

Global curriculum

Third, the plan calls for enhancing the school's global management curriculum. This begins with the first-quarter course on The Global Context of Management and proceeds in two ways: The school will continue to globalize its cases and course materials, and students will be required to obtain international experience. This can be fulfilled by a study trip, an internship, an overseas service-learning trip or a student exchange, such as the school's new program with Tsinghua University's School of Management and Economics in China.

Leadership and communication

Finally, the new curriculum includes expanded leadership and communication development. The Strategic Leadership course will integrate strategy with leadership development and implementation. Critical Analytical Thinking will help hone students' written and oral communication skills. In a new capstone seminar near the end of the program, students will synthesize what they have learned, examine strengths and weaknesses in their personal leadership style and reflect on how they hope to achieve their goals as they embark on their careers.

  • Posted: 9/19/06
  • 108 of 108
So much for worrying about where Amaranth goes or does not go to recruit:

http://www.thestreet.com/_tscs/newsanalysis/wallstreet/10309655.html
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