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Director's
message: Alumnus
to lead Cornell Members of the Johnson School community will be participating in the Academic Procession this Thursday, which will culminate in an inauguration ceremony featuring remarks by U.S. Supreme Court Associate Justice Ruth Bader Ginsburg, A.B. '54, followed by President Lehman's inaugural address. On Friday morning, President Lehman will give his first State of the University Address to an audience that will include the board of trustees and members of the University Council. Whether you live here in Ithaca, or anywhere else in the world, you can view the Academic Procession, Inauguration, and State of the University Address by accessing a live webcast at the Cornell Inauguration web site. If you are interested in attending the Inauguration in person, please contact me so that I can arrange to get you a ticket, and then plan to be with us here in Sage Hall's Ramin Parlor at 3:30 p.m. following the ceremonies, when we will toast both our new president and the revival of the Johnson School Club of Ithaca. I hope you will join us, either in person, or "virtually." We look forward to celebrating with you.
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Report cites JS for significant social, environmental activity In a report released October 8 by the Aspen Institute and the World Resources Institute (WRI), the Johnson School was recognized as one of nine schools in the U.S. and Canada demonstrating significant activity in preparing future executives with a solid training in environmental and social impact management. The report, Beyond Grey Pinstripes 2003: Preparing MBAs for Social and Environmental Stewardship, challenges business schools to better arm MBA students with skills critical for effective leadership in a changing world and includes data reported from 100 business schools in 20 countries. World Resources Institute is an environmental think tank that works to find practical ways to protect the earth and improve people's lives. For more than a decade, WRI's Sustainable Enterprise Program has harnessed the power of business to create profitable solutions to environment and development challenges. The Aspen Institute’s Business and Society Program (Aspen BSP) helps business executives integrate financial success and social and environmental progress. Aspen BSP envisions business leaders with the skills and values to consider the long-term impacts of business decisions and who employ social innovation as a key element of business strategy. Download the survey on the web. Annual Fund Campaign Kicks Off
EMBA gains recognition Business Week's biennial Executive MBA rankings have been released and the Johnson Schoolin our first year of eligibilityis ranked 14th worldwide. The 2003 rankings are based on surveys of more than 2,750 graduates of 64 business schools, as well as a poll of EMBA directors at these schools. (See the current issue or check on-line for complete details). Graduates determined "grades" for each ranked school in three areas: Teaching, Curriculum, and Administration. The top 20 percent for schools get an "A" grade, the next 20 percent get a "B" grade and so on; the Johnson School rated "A" for Teaching, "B" for Curriculum, and "B" for Administration. The other portion of the ranking is based on a survey of EMBA directors who rank their "Top 10" EMBA programs (excluding their own). The Johnson School ranked #12 in graduate rankings and #20 in director rankings. The accompanying article said: "Students gave the highest marks to the programs that they considered to be the most rigorous. Cornell University, eligible for the EMBA rankings for the first time this year, entered the list at No. 14, with grads praising the school for its intensity even as they said it made for a challenging two years." The BW ranking provides positive recognition for our growing program. We are pleased with this initial result and committed to improving the Executive MBA Program in every dimension and enhancing the program's reputation over time. More on rankings The Economist Intelligence Unit (EIU) has released its 2003 rankings of the 100 best full-time MBA programs in the world. This year the Johnson School is ranked #13,10th among U.S schools on the list. Last year (the inaugural issue for this survey) we were 15th. The Johnson School scored particularly well in one of the four main categories--personal development and education experience (#8)--and in several sub-categories including diversity of recruiters (#1), education experience (#5), and student assessment (#6). The student-centric ranking is based on a school's ability to deliver the most important elements (as identified by students) that students look for when earning a MBA including opening new career opportunities or furthering current career; personal development and educational experience; increasing salary; and the potential to network. Ranking data were supplied by the schools themselves and more than 23,300 MBA students and alumni were surveyed to give qualitative assessments of MBA programs. Minimum response thresholds were required to be ranked and 115 schools met those thresholds. For more information on the rankings and methodology visit www.which-mba.com. Big Red Resources: Access Cornell library online Cornell University Library's new Alumni and Friends Access service (AFA) provides a free, easy way to access a wealth of online information through a portal to the library's collections and services. Just point your web browser to http://alumni.library.cornell.eduyou don't need a special password or access code, just click and go! Through AFA, Cornellians have free access to over 600 online reference databases, including catalogs, almanacs, encyclopedias, and directories. You can browse the library's special and rare book collections through online exhibitions and digital collections. AFA also offers link to a rich array of web sites for information on a wide range of topics, all reviewed and selected by Cornell librarians and organized by subject for easy access. Cornell librarians can also provide reference and referral assistance for short questions via e-mail and phone. Access to some full-text databases and reference assistance for in-depth research questions is also available for a modest fee. All fee-based services are clearly identified. A challenge to alumni Are you up for a rewarding challenge? The Office of Admissions and Financial Aid would like to extend an invitation to you. What could be more rewarding than assisting in the recruitment of future students here at the Johnson School? Well, all alumni who are able to refer three or more qualified candidates to apply will be entered into a prize drawing! If every alumnus were able to encourage at least three to five candidates to apply to our program the quality of our applicant pool would dramatically increase. As alumni, you are in a unique position to recognize suitable applicants who demonstrate solid leadership and decision-making skillsstudents who are results oriented with stand and deliver qualities. So if you are up for the challenge, follow this web link to an online form that will allow you to submit names, or download a printable PDF and fax your list to the Office of Admissions and Financial Aid. At end of the application season (spring 2004), the numbers will be tallied. All alumni who were successful in encouraging three or more qualified candidates to apply to the Johnson School during the application season will be entered into a prize drawing. The prize and winner will be announced in spring 2004. Thank you, and good luck! Program highlights: Citigroup grant funds programs We are pleased to announce that the Citigroup Foundation has approved a $91,000 grant submitted by the Johnson School's Corporate Programs Office and the Office for Women and Minorities in Business. The grant will support the following programs:
Student focus: Diversity noted The Johnson School was featured in an article published in the National Society of Hispanic MBA's monthly newsletter which highlights the Hispanic-American Business Leaders Association (HABLA), Latin American Business Association (LABA), and the Johnson School's Office for Women and Minorities in Business and details the Johnson School's innovative initiatives supporting students of Hispanic heritage and other underrepresented minorities. Global
news: Worldwide connections
Alumnus delivers Hatfield address
Faculty news: Two tapped for Whitcomb fellowships Congratulations to Johnson School professors Sachin Gupta and Justin P. Johnson for their nomination by Dean Swieringa to be the Clifford H. Whitcomb Faculty Fellows for the one-year term commencing November 1, 2003. Clifford Whitcomb '43, MBA '48, is the retired president of Prudential Property and Casualty Insurance Company and is a lifetime member of the Cornell University Council. He established the fellowships in 1993. Income from the endowment of the fellowships is used to support the work of the recipients. Celebrate your favorite professors Communique magazine recently e-mailed members of the Cornell Association of Class Officers (CACO) requesting stories about favorite Cornell professors. Responses helped inspire the new Celebrate Cornell Faculty web site, which features articles about faculty and comments from CACO members about the impact Cornell professorsincluding those from the Johnson Schoolhave made on their lives. The site also includes an interactive forum where you can share your faculty recollections with the rest of the Cornell community and/or send your favorite professor an electronic greeting card. Alumni participants wanted for faculty research project Melissa Thomas-Hunt, assistant professor of management and organizations, would like your help! "I am writing to ask for your help in a research study that we are conducting here at the Johnson School. The study can be completed via email/internet and will take less than an hour, and we will pay you $20 for your time. Plus, if you perform in the top 10% of all participants we will pay you an additional $50. It is possible to have your compensation donated to a student or non-profit organization if you wish. All we are asking from you is to read some background information about a firm and provide a simple assessment of its worth, then answer a brief online survey. If you would like to participate, please e-mail me at mct24@cornell.edu." Recent
media hits The "Intrinsic Value of the Dow" research of Professors Charles Lee and Bhaskaran Swaminathan attracted the attention of various nationwide media outlets in early October as their groundbreaking calculations were released for the first timeLakshmi Bhojraj, director of operations at the Parker Center, was quoted in several of the articles indicating that, based on Lee's and Swaminathan's research, there is still room for the Dow to advance over the next six to twelve months. Kevin Baradet, Johnson School's network systems director was quoted in an eWeek article highlighting various corporate attempts to provide secure wireless access for handheld device users. The Northwest Indiana News featured Professor Stuart Hart's comments about generation of growth while satisfying social and environmental stakeholders in an article that focused on the future of the steel industry. Johnson School alumnus Prasanth Kuchibhotla, a senior airline analyst at eClipse Advisors, was quoted in a USA Today article on the Air France-KLM merger. For these and more media hits for Johnson School members, visit Johnson School in the News. Loan forgiveness available The Johnson School offers a loan forgiveness fellowship to alumni who are engaged in a viable entrepreneurial endeavor. Applicants for this program must have outstanding student loans from their enrollment at the Johnson School and be exclusively engaged in an entrepreneurial venturetheir business may not be a secondary source of income. Jonas Weil initiated the fund in an effort to relieve our graduates of the burden of student loan debt. Those selected to receive the fellowship will receive up to $5,000 from the Johnson School to make student loan payments for the year of the award. The amount of the fellowship is determined by the amount of outstanding student education loan debt accrued while in attendance at the Johnson School and the actual/projected income. If there are more candidates than resources, priority will be determined based on need. We will accept applications for this award until December 2003, with selection and disbursement of the funds in January 2004. You may apply at any time, but we review candidates twice a yearonce in January and once in July. For more information on the Jonas Weil Fellowship, e-mail your mailing address to the Financial Aid Office. |
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| October
25 Boston, MA Community Service Project. The Johnson Club of Boston wishes to encourage you to join us for this great event: City Year Boston's Serve-a-thon starting bright and early at 8:00 a.m. at Boston Common. For more specific details visit www.cityyear.org/serveathon. If you will be attending, please let Gul Yanmaz-Karsligil MBA '95 know. |
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October 25 Other weekend highlights include:
For more information on university activities, please see http://homecoming.alumni.cornell.edu/. |
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| October
29 Washington, DC Joint Business Luncheon. The Johnson School Alumni Club of Washington and the Cornell Club of Washington will hold their first joint business luncheon at noon. The speaker will be James A. Rowan Jr., Managing Director of Legg Mason Wood Walker, a full service investment banking firm. Rowan received his undergraduate degree from Cornell and his MBA from the Johnson School. The venue will be Sam & Harry's, 1200 19th Street, NW (19th St. between M and N). The Dupont Circle Metro stop is less than two blocks away from the restaurant and there are several parking garages within walking distance. For more information about this and future luncheons, or to RSVP, please contact Nestor Cruz, 703.256.4109. |
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| November
6 Dallas, TX Inaugural Business Breakfast Series. Welcome guest speaker Michael Durham MBA '77, Hotwire's Non-Executive Chairman of the Board and Former President and CEO of Sabre. Location: The Park City Club (on Sherry Lane between Douglas and the Tollway). Time: 7:00 to 8:30 a.m. Cost: $10 per person at the door. RSVP to alumni@johnson.cornell.edu by October 29. If you are interested in joining the leadership team of the JS Club of Dallas, contact Jeff Peterson MBA '01. |
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November 6 |
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| November
8 Boston, MA MIT CFO Summit: Leadership from the Eye of the Storm. With an expected attendance of 350 to 400 regional CEOs, CFOs, controllers, academics, regulators and senior service providers from the legal and accounting community, this all day event will bring together the leading thinkers and practitioners in a day of learning, discussion, and networking that will be helpful to all communities involved. Invited Keynote speakers are: Honorable William Donaldson, Chairman, SEC, Maryland Senator Paul Sarbanes, and Maria Bartiromo, CNBC News Anchor. This will be held at the MIT Sloan School of Management, Tang Center, E51, 70 Memorial Drive, Cambridge. Cost is $200 and will be held from 8:00 a.m. to 6:30 p.m. For more information, contact Andrew Nelson, 617.342.4329. |
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| November
11 New York, NY CEN presents Jan Rock Zubrow, CU '77, President of MedCapital, LLC. The event will be held at the Cornell Club, 6 East 44th Street, 6:30 to 9:30 p.m., $30 (includes buffet reception, presentation, dessert and coffee). For more information and to RSVP, please visit www.cen.cornell.edu. |
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| November
13 Rochester, NY Lecture and reception. Professor J. Edward Russo, the S.C. Johnson Family Professor of Management at the Johnson School, and co-author of "Winning Decisions" (Doubleday 2002), a book for managers on the behavioral aspects of decision making, presents "The Confidence Game". Location: Genessee Valley Club, 421 East Avenue. Time: Lecture 6:00 p.m.; reception: 7:00 p.m. RSVP by November 10 to alumni@johnson.cornell.edu. |
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| November
13 Washington, DC CEN presents Building Your Business by Maximizing Intellectual Property by Kevin McGovern, CU '70, Chairman and CEO of McGovern Capital LLC. The event will be held at the Tysons Corner Marriott, 8078 Leesburg Pike, Vienna, VA, 6:00 to 9:00 p.m., $30 (includes buffet reception, presentation, dessert and coffee). For more information and to RSVP, please visit www.cen.cornell.edu. |
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| November
20 Los Angeles, CA CEN presents “Wealth Creation through Private Equity: Petco Case Study” by Peter Nolan BS ’80, MBA ’82, managing partner of Leonard Green & Partners (LGP) and managing director of Donaldson, Lufkin and Jenrette (DLJ). Time: 6:00 to 9:00 p.m. Location: The Regency Club, 10900 Wilshire Blvd., 17th Fl. Cost: $35.00 plus $5.50 parking (includes buffet and cash bar). To RSVP, please visit www.cen.cornell.edu. There will be a pre-event reception with Mr. Nolan at the Regency Club Grill Room. This private reception is for Johnson grads only and is sponsored by the Johnson Club of Southern California. To RSVP for this reception, please email alumni@johnson.cornell.edu. |
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Johnson School specific events appear in red. |
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