Each week we collect all the MBA news that’s fit to print and provide a quick overview of the latest updates from top business schools around the world.
Here’s your MBA News You Need digest for the week of September 23, 2019.
$5M Gift to NYU Stern Supports Women in Business
NYU Stern just received the single largest gift from a self-made businesswoman in the school’s history. The $5 million donation from alumna Elizabeth Elting (MBA ’92) will support the next generation of entrepreneurial women.
“As an NYU Stern alumna that has received so much from this school, I wanted to give back and do my part in lifting up the next generation of forward-thinking women leaders,” said Elting.
Eliting is a highly successful career woman who founded a multi-million dollar global translation business from a dorm room at NYU Stern in 1992. Now, she wants to help other Stern women achieve the same success through her landmark gift as well as the Elizabeth Elting Foundation. Over the next ten years, the $5M gift will:
- Support 40 female MBA students through the newly created Elizabeth Elting Women’s Leadership Fellowship.
- Provide seed capital to 20 women-led businesses through the Elizabeth Elting Venture Fund.
In both cases, women who demonstrate academic merit, leadership potential, and promising science- and technology-based startups will come out as winners.
Also, in recognition of Elting’s donation, a new space for classes, lectures, and guest speakers will be named the Elizabeth Elting Lecture Hall.
Read the full report here.
INSEAD to Host 6th Africa Business Conference
On October 5, INSEAD will host their sixth annual Africa Business Conference in Paris. Organized by the Africa Club, the conference is focused on fostering investment, impact, and innovation on the African continent.
The conference will bring together business professionals and companies from around the world who want to explore the many growth opportunities available in Africa. The goal is to stimulate discussion and address important topics through panels, workshops, and networking opportunities for all attendees.
Just a few of the scheduled panels and speakers include:
- A keynote panel on the state of play in Africa by Carlos Lopes, UCT; Lionel Zinsou, Southbridge; and Colin Coleman, Goldman Sachs.
- An investment panel on mobilizing capital and funding growth by Georges Wega from SocGen and Eric Ouedraogo from Africa50 and others.
- An innovation panel on building and scaling sustainable business with Carole Henry from Engie Africa and others.
Ten New Electives at Tuck
Dartmouth Tuck announced ten exciting new elective courses for the 2019-2020 school year. The electives cover topics ranging from gender equity to health care analytics and will be open to students in a range of disciplines.
Here’s a quick look at the ten new courses:
- Digital and Social Media Strategy: learn how to find value in digital and social platforms in a variety of business contexts
- Ecosystem Strategy: gain a better perspective on the innovation ecosystem
- Five Memos for the Modern Leader: students become leaders in this course, gaining research and practice in creativity, persuasion, integrity, expertise, and purpose
- Reconceiving Representation Gender Equity in Management and Society: explore how men and women can advance in the workplace
- Empirical Evidence in Finance: learn how to use data for intelligent analysis
- Health Care Analytics and Society: learn to recognize and apply frameworks for data-driven leadership in healthcare
- Leadership Development Skills-Awareness, Skills, and Strategy: discover how to capitalize on your strengths and develop areas that need improvement
- Cases in Financial Reporting: study the external financial reporting process as well as how financial accounting systems are designed
- Health Economics: learn about pricing of health care services and products
- Venture Capital and Private Equity Basics: gain broad exposure to the venture capital and private equity industries
More detailed information is available on the Tuck News website.
IESE Offers Networking Advice
What does it take to improve the quality and influence of your network? IESE faculty break down their top four tips for improving your network.
- Demonstrate a Willingness to Serve and Show Empathy: According to IESE professor Conor Neill, It’s essential to show concern for the goals of others as well as their needs. Ask how you can help so you can elevate the other person because of their connection to you.
- Network How You Want: There’s no perfect way to network. Duke professor Dorie Clark recommends that you focus on finding ways to connect with greater depth so that your network remembers you, but do it in your own way. For example, if you love tennis, bond over that. Attend parties if that’s your style.
- Set Your Priorities: You can’t maintain meaningful relationships with thousands of individuals. Instead, you should identify those people who will make the most difference in your life and career and devote your time to them.
- Use Social Media: Social media can open up countless networking possibilities. The key is to use it smartly. Use social media to build your reputation and to attract people, but don’t forget to connect offline as well.
Women Entrepreneurs at Yale SOM
Early in September, Yale SOM Dean Kerwin K. Charles kicked off a new series: Celebrating Women at Yale. In recognition of the 50th anniversary of coeducation at Yale College as well as the 150th anniversary of the first female graduate students, the campus-wide celebration includes exhibitions, lectures, and performances throughout the year.
The first event of the year was a lunchtime gathering at Evans Hall that featured women entrepreneurs. In total, seven student and alumnae entrepreneurs had the opportunity to introduce their ventures, including:
- Hannah Beinecke ’20: Greater Good Solar provides financing for solar power in low-to-medium income neighborhoods.
- Meryl Breidbart ’20: Mortie helps individuals plan major life and death decisions. Meryl also appears in our Real Humans of the Yale SOM MBA Class of 2020.
- Nitya Kanuri ’20: Mana Maali reduces barriers to mental healthcare for students in India.
- Helen Knight ’20: Representation 2.0 helps develop skills and encourage college students’ to run for public office.
- Marina Marmolejo: DreamKit is a web-based app that combats youth homelessness in urban areas.
- Melissa Mazzeo ’20: Merry Go Rounds coordinates the sale and re-purchase of second-hand children’s clothing online.
- Daisy Rosales ’20: Brio focuses on mental health care in vulnerable communities.
Read the full report here.