Category: Business

WBUR’s "Boston at the Crossroads" Examines Forces Shaping City’s Future

May 19th, 2006 in Business, Humanities/Social Science, News Releases, University Affairs 0 comments

Contact: Colin Riley, 617-353-2240 | criley@bu.edu

(Boston) — WBUR takes a critical look at the city’s economic roots, the significant changes that have shaped our city, and the challenges and opportunities facing Greater Boston at a time of transition in a five-part series kicking-off on Monday, May 22, announced Paul La Camera, general manager of the WBUR Group.

Entitled “Boston at the Crossroads,” the series will air during “Morning Edition” over a one-week period, culminating the following week with a special one-hour call-in program at 3pm on Friday, June 2. “Morning Edition” anchor Bob Oakes will host the series, produced by Assistant Program Director Anna Bensted.

“Boston’s history is marked by its remarkable ability to successfully re-invent itself,” said La Camera. “There is palpable uncertainty, however, whether the city can overcome the multiple challenges such as high housing costs, corporate headquarters relocations and the exodus of young professionals and sustain our economic prosperity going forward. Our series attempts to reveal the influences that will make or break Greater Boston’s future.”

Part I of the series, reported by Oakes, focuses on the physical development of Boston and the social impact of those changes. Part II, reported by Martha Bebinger, will concentrate on the Hub’s economic health. It’s followed by Fred Thys’ report on Boston’s talent pool, and Monica Brady-Myerov’s examination of the city’s changing demographics. The series wraps-up with Oakes’ inquiry into civic leadership.

“In-depth reporting is the station’s strength,” added La Camera. “Tackling important but complicated issues is what our listeners expect. ‘Boston at the Crossroads’ reflects what we should be asking our local leaders in an effort to identify the crucial factors that will affect which path we take.”

A portion of WBUR’s website (www.wbur.org) will be devoted to the series, allowing listeners to access additional information discussed during each segment.

WBUR, one of the country’s most prominent public radio stations and the most listened-to station in Boston, was recently named the Associated Press Station of the Year for the third consecutive year. WBUR is owned and operated by Boston University and is a member of National Public Radio. WBUR also broadcasts the BBC World Service and locally produced programs such as “Here & Now,” “On Point,” “Only a Game,” and “Car Talk.” WBUR has won more than 100 major awards for its news coverage, including several George Foster Peabody Awards, and the 2006 Edward R. Murrow “Overall Excellence” award from the New England Radio-Television News Directors Association (RTNDA).

Executive Education Program at Boston University School of Management Ranked 27th Internationally by The Financial Times

May 17th, 2006 in Business, News Releases, School of Management 0 comments

Contact: Richard Taffe, 617-353-4626 | rtaffe@bu.edu
Contact: Laure Kesner, 781-239-1030 | lkesner@parnold.com

(Boston) – The Executive Education program at Boston University School of Management has just been ranked 27th in the world by The Financial Times. This top-30 ranking by The Financial Times shows greatly increased recognition of the program’s high quality, which was ranked 49th in 2004 and 41st in 2005. This placement marks the highest one-year gain of any business school in the world.

“International corporations have known for some time what international business publications are recognizing about the School of Management,” said Louis Lataif, Dean of the School of Management at Boston University. “Some of the largest international corporations, including Boston Scientific, IBM, LG, SK Corporation, and many more global companies send their executives to Boston University because of the excellence of our professors and the relevance of our curriculum.”

The Boston University Executive Education Program leverages the School of Management’s world-class faculty, widely-recognized strengths in cross-functional curriculum design, global information systems, Team Learning and leadership, and an unsurpassed technological infrastructure. Two outstanding current programs are The Pocket MBA for Lawyers and the Graduate Diploma in Entrepreneurial Management.

The Financial Times analyzes open and customized Executive Education programs, presenting a combined ranking for business schools throughout the world that offer both types of courses. The results are derived from corporate client questionnaires, surveys of statistical data submitted by each school and telephone interviews.

To learn more about the Executive Education rankings by The Financial Times, please go to:
http://rankings.ft.com/rankings/customProgrammes/rankings.html

About Boston University School of Management

Founded as the College of Business Administration in 1913, Boston University School of Management develops builders and leaders for the networked-era, emphasizing the fusion of the art, science, and technology of business. The School’s holistic approach prepares the next generation of business leaders for a world that values management as a system of interdependent functions, decisions, people, and technologies. It is the worldwide leader in offering a unique MS•MBA program, a rigorous dual degree and next-generation MBA fusing a traditional management education with expertise in the information technologies that are transforming all businesses. The School also offers a full range of graduate and undergraduate management degree programs and executive education.

The School of Management at Boston University is located at 595 Commonwealth Avenue, Boston, Massachusetts 02215 or visit http://management.bu.edu.

Boston University School of Management Ranked 30th Overall, 15th in Academic Quality by BusinessWeek

April 28th, 2006 in Business, News Releases, School of Management 0 comments

Contact: Richard Taffe, 617-353-4626 | rtaffe@bu.edu
Contact: Laure Kesner, 781-239-1030 | lkesner@parnold.com

(Boston) – In the first undergraduate ranking by BusinessWeek, Boston University School of Management placed 15th among U.S. business schools in Academic Quality and 30th overall.

“This new recognition by BusinessWeek is a fine tribute to our undergraduates and their professors,” said Louis E. Lataif, Dean, Boston University School of Management. “Our students uniquely understand the fusion of the art, science and technology of business; it is most impressively reflected in their professional impact and career progress.”

BusinessWeek interviewed many Boston University students. One said, “The stress on teamwork in the School is great since one is forced to work with people of all skill levels and personality types.” Another student stated, “The junior year project (CORE) is the best thing that happened to me… Students are put into teams and have to come up with their own product, figure out how to finance it, market it, figure out all the operations, and the information technology involved. The whole project is summed up in a 200-page business plan and a 30-minute presentation in front of ‘real’ investors (not professors).”

The overall ranking is based on surveys of more than 100,000 students who major in business, as well as interviews with nearly 2,000 corporate recruiters, and includes information regarding starting salaries, which schools send the most students on to top MBA programs, faculty-student ratios, and average SAT scores. The Academic Quality ranking is based on five equally-weighted measures: average SAT scores, full-time faculty-student ratio, average class size, the percentage of business majors with internships, and the hours students spend every week on schoolwork.

About Boston University School of Management

Founded as the College of Business Administration in 1913, Boston University School of Management develops builders and leaders for the networked-era, emphasizing the fusion of the art, science, and technology of business. The School’s holistic approach prepares the next generation of business leaders for a world that values management as a system of interdependent functions, decisions, people, and technologies. It is the worldwide leader in offering a unique MS•MBA program, a rigorous dual degree and next-generation MBA fusing a traditional management education with expertise in the information technologies that are transforming all businesses. The School also offers a full range of graduate and undergraduate management degree programs and executive education.

The School of Management at Boston University is located at 595 Commonwealth Avenue, Boston, MA 02215. For more information, visit http://management.bu.edu.

Boston University School of Management Recognized as CFA Program Partner Institution

April 27th, 2006 in Business, News Releases, School of Management 0 comments

Contact: Richard Taffe, 617-353-4626 | rtaffe@bu.edu
Contact: Laure Kesner, 781-239-1030 | lkesner@parnold.com

(Read more about the CFA Program Partner Initiative at http://www.cfainstitute.org/partners/university/Pages/index.aspx)

(Charlottesville, Va.) — CFA Institute today announced that the Master of Science in Investment Management (MSIM) program at Boston University School of Management is a CFA Program Partner and will offer a degree program that covers at least 70 percent of the CFA Program Candidate Body of Knowledge, the CFA Institute Ethical and Professional Standards, and other requirements.

“CFA Program Partner institutions recognize that the best way to educate their students for careers in the investment industry is with our Candidate Body of Knowledge,” said Bob Johnson, CFA, Ph.D., managing director of the CFA and CGIPS Programs Division. “Students in degree programs at these universities will study concepts and principles that have been identified by investment industry leaders worldwide as essential to global practice. By mastering these fundamentals of the CFA Program, students will be well on their way to earning the highly valued CFA charter.”

Boston University’s 17-month, part-time MSIM program trains students in leading-edge theory and practice in the field of investment management. Through both classes and casework, the MSIM curriculum develops student expertise in the design, management, and analysis of investment strategies. Graduates have been successful applying this training in research, portfolio management and client relations jobs.

The partnership initiative was launched 4 April 2006 with the announcement of Saïd Business School at the University of Oxford as the inaugural CFA Program Partner.

Boston University is the first graduate-level CFA Program Partner in the United States.
In addition to Boston University, four universities were also announced today as CFA Program Partners: Bocconi University (Milan, Italy), Concordia University (Montreal, Quebec, Canada), Hong Kong University for Science and Technology (Hong Kong), and Marquette University (Milwaukee, Wis., USA).

Recognition as a CFA Program Partner signals to potential students, employers, and the marketplace that the university curriculum is closely tied to professional practice and is well-suited to preparing students to sit for the three levels of CFA examinations.

The CFA Program sets a standard for developing the skills, standards, competence, and integrity of financial analysts, portfolio managers, investment advisers, and other investment professionals worldwide. It is widely considered the investment profession’s most rigorous credentialing program. Administered in English, the CFA curriculum and examinations are identical worldwide. Fewer than one in five candidates who begin the program successfully complete it and go on to earn the coveted CFA charter, the “gold standard” for investment professionals.

“It is an honor to announce that our first graduate-level CFA Program Partner in the United States is Boston University School of Management,” said George Noyes, CFA, senior portfolio manager at Standish Mellon Asset Management and a member of the CFA Institute Board of Governors. “CFA Institute is eager to work with the school to develop further opportunities for graduates as they enter the business world.”

According to former fund manager Scott Stewart, CFA, Ph.D., and faculty director of Boston University’s MSIM Program, “We are excited to become the first CFA graduate-level Partner in the U.S. When we introduced our Master’s Program in Investments in 2000, we recognized that the CFA charter reflects rigorous curriculum and high ethical standards in the eyes of all financial professionals.” Louis E. Lataif, Dean of the School of Management, added, “Our partnership with CFA Institute is evidence of MSIM’s strong track record of training students in advanced techniques in investment management. We look forward to working with CFA Institute and helping our students further their careers.”

The initiative offers students in the program access to CFA Institute textbooks, journals, Webcasts, and other educational resources. Students will also benefit from professional development events held in conjunction with the Boston Security Analysts Society, the local membership body for CFA Institute candidates and charterholders.

CFA Institute recently announced that it received a record number of enrollments − 116,190 in 163 countries − for the December 2005 and June 2006 Chartered Financial Analyst® (CFA®) exams. CFA Institute membership levels have also reached a record high, with 81,454 members in 126 countries.

About CFA Institute

CFA Institute is the global, non-profit professional association that administers the Chartered Financial Analyst® (CFA®) curriculum and examination program worldwide, publishes research, conducts professional development programs, and sets voluntary, ethics-based professional and performance reporting standards for the investment industry. CFA Institute has more than 81,000 members in 126 countries and territories, including the world’s 68,000 CFA charterholders, as well as 132 affiliated professional societies in 53 countries and territories. CFA Institute is headquartered in the USA in Charlottesville, Virginia, with regional headquarters in London, Hong Kong, and New York. More information may be found at www.cfainstitute.org. (Bloomberg users can find CFA Institute at 497458Z).

About Boston University School of Management

Boston University School of Management develops builders and leaders for the networked-era, emphasizing the fusion of the art, science, and technology of business. The School’s approach prepares the next generation of business leaders for a world that values management as a system of interdependent functions, people, and technologies. The Master of Science in Investment Management (MSIM) program incorporates both academic theory and practical training, including real-world casework, securities analysis and live fund management. Seeking the CFA charter is a key goal for a majority of students. For more information, see http://management.bu.edu/gpo/msim/.

The School of Management at Boston University is located at 595 Commonwealth Avenue, Boston, MA 02215. For more information, visit http://management.bu.edu.

Winners of $45,000 Global Tech Case Competition Announced

April 4th, 2006 in Business, News Releases, School of Management 0 comments

Contact: Richard Taffe, 617-353-4626 | rtaffe@bu.edu
Contact: Laure Kesner, 781-239-1030 | lkesner@parnold.com

(Boston) – The first International Tech Strategy Business Case Competition, hosted by Boston University School of Management, announced the competition winners.

Many of the twelve business schools from around the world held campus-wide competitions to determine the four-person team that would be sent to Boston to compete during the March 30-April 1 international-level competition.

First place went to the MBA students from The Wharton School of the University of Pennsylvania who were awarded the top prize of $25,000. Placing second with a $15,000 award was the student team from Kellogg School of Management at Northwestern University. The third place finishers were from the Sloan School of Management at the Massachusetts Institute of Technology, and they shared a $5,000 prize. The Haas School of Business, University of California, Berkeley, placed fourth.

The only competition of its kind anywhere, this event brought together the world’s best business schools with technology acumen to compete head-to-head on a strategy-oriented technology-based business case. Each team had 24 hours to address the subject, “How should Motorola go about achieving its vision of ‘Seamless Mobility?’ ”

One of the Wharton winners, Kirsten Milideo, said, “We called our approach ‘Global Sync.’ We posed a solution that allowed users to share any of their data from home, office or network, enabling any devices to talk to any others anywhere in the world.”

The Motorola Foundation was the principal sponsor. The CEO of Motorola, Ed Zander, announced the decisions of the judges and said, “The whole event was just awe inspiring. Everyone I talked to was genuinely impressed by the students’ knowledge of Motorola, and by the depth to which they explored the issue of seamless mobility in such a short time. We’ll take a closer look at all of the recommended solutions, and we will invite a few teams to present to us in person at Motorola headquarters.”

Louis E. Lataif, Dean, Boston University School of Management, the host school said, “This unique international competition focused on the critical role of technology in contemporary business at all levels. These students gave additional proof that future business leaders must be adept in employing technology for both operating and strategic advantage. The competition also exposed the students to highly-placed technology and telecom executives.”

The event was organized by MBA and MS-MBA students from Boston University School of Management. The 12 teams that took part in the competition were:

1st–The Wharton School – University of Pennsylvania

2nd–Kellogg Graduate School of Management – Northwestern University

3rd–Sloan School of Management – Massachusetts Institute of Technology

4th–Haas School of Business – University of California, Berkeley

Boston University School of Management

Eller College of Management – University of Arizona

Indian Institute of Management, Calcutta

London Business School, U.K.

McCombs School of Business – University of Texas at Austin

Queen’s University, Canada

Seoul National University, Korea

Stanford School of Business

About Boston University School of Management

Founded as the College of Business Administration in 1913, Boston University School of Management develops builders and leaders for the networked-era, emphasizing the fusion of the art, science, and technology of business. The School’s holistic approach prepares the next generation of business leaders for a world that values management as a system of interdependent functions, decisions, people, and technologies. It is the worldwide leader in offering a unique MS-MBA program, a rigorous dual degree and next-generation MBA fusing a traditional management education with expertise in the information technologies that are transforming all businesses. The School also offers a full range of graduate and undergraduate management degree programs and executive education.

Boston University School of Management is located at 595 Commonwealth Avenue, Boston, MA 02215. For more information, visit http://management.bu.edu.

Boston University School of Management Reports Applications and Quality of Candidates Continue to Rise

March 31st, 2006 in Business, News Releases, School of Management 0 comments

Contact: Richard Taffe, 617-353-4626 | rtaffe@bu.edu
Contact: Laure Kesner, 781-239-1030 | lkesner@parnold.com

(Boston) – Boston University School of Management announced that it received a 45% increase in MBA applications this year. Over the past two years, applications will have increased more than 85%. “Most importantly, the quality of the incoming class, across a number of important measures, is far superior to last year,” commented Hayden Estrada, Assistant Dean of Graduate Admissions.

In the just-released 2007 ranking of business schools by U.S. News & World Report, Boston University School of Management placed among the top 50 MBA programs in the country, for the third consecutive year. The School attained its highest ranking, moving up four places to number 44.

The U.S. News & World Report focused in particular on reputation among peer institutions, alumni starting salaries and rate of employment after graduation, essential factors to MBA applicants who know that when they graduate, they face a highly competitive job market.

In January, The Financial Times ranked the School #1 in the U.S. for “Alumni Career Progress.” Overall, The Financial Times ranked the MBA at Boston University School of Management 28th in the U.S. The School also earned a spot in BusinessWeek’s Top 50. Additionally, The Wall Street Journal rated the School’s information systems offerings among the top 10 in America.

“The number one reason people cite for pursuing an MBA degree is career advancement, and recruiters tell us we’re uniquely preparing people with the skills and tools to make that happen,” said Boston University School of Management Career Center Director, Catherine Ahlgren. “This isn’t just a subjective ranking of ‘faculty expertise,’ or ‘quality of course design.’ This is a real-world validation of what we’re teaching.”

In explaining why its rankings and application numbers are up, Boston University School of Management points to its unique offerings and approach to business education. Both are major forces behind increased interest from applicants—and recruiters—while also underlying the School’s continuing rise in the major rankings.

“In our programs we uniquely fuse the art, science, and technology of business” said Louis Lataif, the School’s dean. “We equip MBA students – holistically and pragmatically – for the real rigors of leadership.”

“All business schools teach “management science”– the quantitative disciplines of accounting, finance, operations, and market research,” continued Dean Lataif. “But we go beyond this by also teaching the ‘art of business.’ By working with students on teaming, leading, persuading, negotiating, listening, and informed intuition, and fusing those arts with rigorous statistical analysis, our students learn to think across organizations and make more effective, well-considered decisions.”

“Lastly, we combine this art and science with the strategic application of technology—how information acquisition and flow systematically impacts organizations,” Dean Lataif stated. “That’s especially so in the School’s unique MS•MBA program, now in its fifth year. It has propelled the School’s reputation with both students and corporations.”

The MS•MBA program enables highly motivated graduate students to earn both a traditional Master of Business Administration degree with a concentration in one of the various business disciplines, as well as a Master of Science in Information Systems. Importantly, the two degrees can be earned in the same 21-month period normally required to earn a full-time MBA.

“As recruiters around the world continue to be impressed with our MS•MBA graduates, our stature as a world-class business school will continue to grow.”

About Boston University School of Management

Founded as the College of Business Administration in 1913, Boston University School of Management develops builders and leaders for the networked-era, emphasizing the fusion of the art, science, and technology of business. The School’s holistic approach prepares the next generation of business leaders for a world that values management as a system of interdependent functions, decisions, people, and technologies. It is the worldwide leader in offering a unique MS-MBA program, a rigorous dual degree and next-generation MBA fusing a traditional management education with expertise in the information technologies that are transforming all businesses. The School also offers a full range of graduate and undergraduate management degree programs and executive education.

Boston University School of Management is located at 595 Commonwealth Avenue, Boston, MA 02215. For more information, visit http://management.bu.edu.

Twelve of the World’s Top Business Schools Will Compete at Boston University

March 14th, 2006 in Business, News Releases, School of Management 0 comments

Contact: Richard Taffe, 617-353-4626 | rtaffe@bu.edu
Contact: Laure Kesner, 781-239-1030 | lkesner@parnold.com

(Boston) – Twelve of the leading business schools from around the world will come to Boston for the First Annual International Tech Strategy Business Case Competition, March 30 to April 1, 2006. Hosted by Boston University School of Management, The Motorola Foundation and Novell are sponsoring this event with total prizes of $45,000, paid directly to the students on the winning teams. The students will have 24 hours to build a case that addresses particular problems within the general subject of “seamless mobility.”

The eight U.S. and four non-American business schools competing are Boston University School of Management; Indian Institute of Management, Calcutta; Kellogg School of Management, Northwestern University; London Business School; Sloan School of Management, Massachusetts Institute of Technology; McCombs School of Business at The University of Texas at Austin; Queens School of Business (Canada); Seoul National University (Korea); Graduate School of Business, Stanford University; Eller College of Management at the University of Arizona; Haas School of Business, University of California at Berkeley; The Wharton School of the University of Pennsylvania.

Each school is sending four students. The winning schools receive trophies, and the first place team members will be awarded $25,000; the second placed team will split $15,000; third place team members will share $5,000. Twelve executives from industry will hear and judge all 12 presentations to determine the top four. Executives from Motorola and Novell will judge the final four teams and determine the winners. Motorola CEO, Edward J. Zander, (Boston University School of Management Class of 1975, Honorary Doctorate in 2005) will present the winning awards.

“This unique international competition focuses on the critical role technology has assumed in contemporary business at all levels. It is essential for future business leaders to be adept in employing technology for both operating and strategic advantage,” said Louis E. Lataif, Dean, Boston University School of Management. The competition also provides the students exposure to highly-placed technology and telecom executives.”

“This competition has been organized by Boston University School of Management MBA students in order to attract students from the world’s top business schools that stress the importance of technology in business decision making,” said Rob Eckhart, MS•MBA 2006, Director, Case Competition Organizing Committee. “We look forward to welcoming and competing against the highly-motivated students from the prestigious schools that accepted our invitations.”

About Boston University School of Management

Founded as the College of Business Administration in 1913, Boston University School of Management develops builders and leaders for the networked-era, emphasizing the fusion of the art, science, and technology of business. The School’s holistic approach prepares the next generation of business leaders for a world that values management as a system of interdependent functions, decisions, people, and technologies. It is the worldwide leader in offering a unique MS-MBA program, a rigorous dual degree and next-generation MBA fusing a traditional management education with expertise in the information technologies that are transforming all businesses. The School also offers a full range of graduate and undergraduate management degree programs and executive education.

Boston University School of Management is located at 595 Commonwealth Avenue, Boston, MA 02215. For more information, visit http://management.bu.edu.

Boston University School of Management Ranked Number One U.S. School for Career Progress by The Financial Times

January 29th, 2006 in Business, News Releases, School of Management 0 comments

Contact: Richard Taffe, 617-353-4626 | rtaffe@bu.edu
Contact: Laure Kesner, 781-239-1030 | lkesner@parnold.com

(Boston) – The Financial Times’ 2006 annual ranking of business schools has rated Boston University School of Management first in the United States for Alumni Career Progress.

“The number one reason people cite for pursuing an MBA degree is career advancement, and recruiters tell us we’re uniquely preparing people with the skills and tools to make that happen,” said Boston University School of Management Career Center Director Catherine Ahlgren. “This isn’t just a subjective ranking of ‘faculty expertise,’ or ‘quality of course design.’ This is a real-world validation of what we’re teaching.”

Career progress is defined by The Financial Times as “the degree to which alumni have moved up the career ladder three years after graduating, as measured through changes in level of seniority and the size of the company.”

Why are this School’s graduates moving ahead in their careers faster than any others?

“We teach management as an integrated system,” said Louis E. Lataif, Dean of Boston University School of Management. “We fuse the art, science, and technology of business. In this way we equip MBA students – holistically and pragmatically – for the real rigors of leadership.”

“All business schools teach “management science”– the quantitative disciplines of accounting, finance, operations, and market research,” continued Dean Lataif. “But we go beyond this by focusing on the ‘art of business.’ By teaching the arts of teaming, leading, persuading, negotiating, listening, and informed intuition and fusing them with rigorous statistical analysis, our graduates know how to make effective decisions.”

“Lastly, we combine this art and science with the strategic application of technology—how information acquisition and flow systematically impact organizations,” Dean Lataif stated. “That’s especially so in the School’s unique MS•MBA program, now in its fifth year. It has truly propelled the School’s reputation with both students and corporations,”

The MS•MBA program enables highly motivated graduate students to earn both a traditional Master of Business Administration degree with a concentration in one of the various business disciplines, as well as a Master of Science in Information Systems. Importantly, the two degrees can be earned in the same 21-month period normally required to earn a full-time MBA.

Overall, The Financial Times ranked the MBA at Boston University School of Management 28th in the U.S and 50th in the world. Only three Boston-area schools appear among the “top 50” in all three major business school rankings, Business Week, U.S. News and World Report, and The Financial Times: Harvard, MIT, and Boston University.

About The Financial Times’ 2006 Business School Rankings

The Financial Times MBA ranking evaluates full-time Masters in Business Administration programs from the world’s top business schools. This year sees the eighth Financial Times ranking. As in previous years, the number of alumni respondents has increased this year with responses from 8,300 people, about 36 per cent of eligible alumni. Data for this ranking was compiled from two main sources — from the business schools and also from their alumni who graduated three years ago. Therefore, the data is a collection of two respective sets of questionnaires. The data obtained and criteria used in these rankings give an overview of three main areas: the alumni’s career development and salary purchasing power; the diversity of the school and its program and each school’s research capabilities.

About Boston University School of Management

Founded as the College of Business Administration in 1913, Boston University School of Management develops builders and leaders for the networked-era, emphasizing the fusion of the art, science, and technology of business. The School’s holistic approach prepares the next generation of business leaders for a world that values management as a system of interdependent functions, decisions, people, and technologies. It is the worldwide leader in offering a unique MS-MBA program, a rigorous dual degree and next-generation MBA fusing a traditional management education with expertise in the information technologies that are transforming all businesses. The School also offers a full range of graduate and undergraduate management degree programs and executive education.

Boston University School of Management is located at 595 Commonwealth Avenue, Boston, MA 02215. For more information, visit http://management.bu.edu.

Boston University School of Management Reports a 120% Increase in MBA Applications

January 5th, 2006 in Business, News Releases, School of Management 0 comments

Contact: Richard Taffe, 617-353-4626 | rtaffe@bu.edu
Contact: Laure Kesner, 781-239-1030 | lkesner@parnold.com

(Boston) – Boston University School of Management (SMG) has experienced a 120% increase in the number of first round MBA applications this year over the same admissions period last year. Although the national trend indicates an increase in applications at many top U.S. business schools, none reported such a significant rise.

According to BusinessWeek Online, for example, “Carnegie Mellon’s Tepper School of Business cites an increase of 16% from last year, and Tuck’s Admission Director, Dawna Clarke, reports 39% for the same time period.”

Hayden Estrada, Assistant Dean of Graduate Admissions at SMG, commented, “Last April, SMG experienced a 30% increase in the number of full- and part-time MBA applications over the same admissions period the year prior. That increase was counter to the national trend, when many business schools reported static or declining applications. The dramatic 120% increase this cycle proves there is demand for SMG’s innovative approach to business education.”

In explaining why its application numbers continue to increase significantly, SMG points to its distinctive approach to MBA education. “Business schools have long focused on “management science”– the quantitative disciplines of accounting, finance, operations, and market research,” said Dean Louis E. Lataif. “But when we rely solely on management science, we miss the critically important ‘art of business:’ the ability to go beyond data analyses, to probe potential results not predicted by the numbers.”

The SMG program is different from all other MBAs. Dean Lataif explained, “The SMG curriculum fuses the art, science, and technology of business. In addition, for more than a decade, we have been recognized as expert at teaching team learning, which gives each student a measurable stake in the success of every other team member. In this way, we equip MBA students– holistically and pragmatically—-for the real rigors of leadership.”

The MS-MBA program, now in its fifth year, is yet another cornerstone of SMG’s education. Students can earn their MBA along with a Master of Science degree in Information Systems within 21 months while still participating in summer internships.

“Our applications have increased so strongly because our unique approach to the MBA is becoming known as the innovative program for future business leaders,” Dean Lataif concluded.

About Boston University School of Management

Founded as the College of Business Administration in 1913, Boston University School of Management develops leaders and builders for the networked-era, emphasizing the fusion of the Art, Science and Technology of Business. The School’s holistic approach prepares the next generation of business leaders for a world that values horizontal thinking and management as a system of interdependent functions, decisions, people, and technologies. It is the worldwide leader in offering a unique MS•MBA program, which is a rigorous dual degree, next-generation MBA combining a traditional management education with expertise in the information technologies that are transforming all businesses. The School’s other offerings include undergraduate degrees in business administration; full- and part-time MBA and Executive MBA programs; a Master of Science program in Investment Management; a Doctoral program; International Management programs; and executive education.

The School of Management at Boston University is located at 595 Commonwealth Avenue, Boston, MA 02215. For more information, visit http://management.bu.edu.

Retired CNN President to Discuss His Years at CNN with Ted Turner

October 17th, 2005 in Business, College of Communication, Humanities/Social Science, International, News Releases 0 comments

Contact: Ann Deveney, 617/353-2240 | devenea@bu.edu

(Boston) — Sidney Pike, retired president of CNN International Special Projects, looks back at 22 years at CNN at a BU College of Communication’s event on October 20. Pike’s new book, “We Changed the World: Memoirs of a CNN Satellite Pioneer” is an insider’s view of the rise and fall of Ted Turner and his cable television empire. The only book written by a close associate of Turner’s, it is a rare story of loyalty in the television industry. The October 20 event is part of the BU College of Communication’s Conversations: A Distinguished Lecture Series.

Sid Pike worked closely with Turner and had a major role in the success of CNN. After 22 years in Television, Pike helped Turner stabilize the Atlanta UHF-TV station and led Turner to purchase the Atlanta Braves baseball and Hawks basketball teams. He saved WRET-TV in Charlotte, North Carolina, which Turner later sold for $21 million, generating seed money for CNN. In 1984, Pike began traveling the globe selling CNN International programming on all continents and pioneering the end of the Intelsat satellite monopoly that prevented the reception of the CNN signal worldwide. In his 25 years with Turner, many unusual events occurred, including Saddam Hussein calling Pike to arrange an appearance on CNN during the Gulf War.

The Conversations distinguished-lecturer series was developed by College of Communication Dean John Schulz to foster discussion about contemporary communication issues among students, scholars and working professionals. Past lecturers have included Academy Award-winning producer Sam Jaffe, ABC’s Ted Koppel, Burson-Marsteller president and CEO Chris Komisarjevsky, and Geoffrey Nyarota, a Nieman fellow at Harvard University.

The event is free and open to the public. For further information, please call 617-353-3484 or 617-353-4198.

Event: Conversations Distinguished Lecture with Sid Pike, Retired President,
CNN International
We Changed the World
Memoirs of a CNN Satellite Pioneer

Date: Thursday, October 20, 2005

Time: 6:30 p.m.

Place: Room 101
College of Communication
640 Commonwealth Avenue
Boston, Mass.

Reception and book signing immediately following the lecture in the College’s Student Lounge.

Sid Pike is welcomed by Ted Turner at the 25th anniversary of WTBS in Atlanta.
Sid Pike is welcomed by Ted Turner at the 25th anniversary of WTBS in Atlanta.