Finance Conference to Explore Road to Recovery, Nov. 13

Financial industry leaders, academics, and a Nobel laureate will discuss what businesses are doing to plan for an economic recovery at the third annual Berkeley Finance Conference on Nov. 13 at the Haas School.

Organized by the Haas Finance Club and funded by $20,000 in corporate sponsorships, the all-day conference is titled “Recovery — What will it be like?”

One of the keynote speakers will be UC Berkeley Professor George Akerlof, who shared the 2001 Nobel Prize in Economics for research on asymmetric information.

Six panels will cover investment banking, investment management, private equity, venture capital, real estate finance, and corporate finance. Panel members will address what their industries are doing to plan for the recovery, whether it’s taking advantage of less competition or using their relative financial strength to gain market share.

“The goals of the conference are to expose students to industry professionals and to give them an opportunity to meet and talk to them,” says conference co-chair Raj Uparkar, MBA 10. “The other goal is to build up relationships with companies, so that when they think of recruiting they think of Haas.”

Companies also benefit from attending. “Industry leaders are constantly trying to get their firms in front of Haas students. Attending this conference will increase the chances that the best students apply to their firms,” Uparkar says.

This year's corporate sponsors include McKesson and Cisco Systems.

The organizers expect 250 attendees, with about one-third of those industry professionals. Last year’s event sold out. More information and registration details are available at berkeleyfinanceconference.org.

Prof. George Akerlof, 2001 Nobel Laureate in Economics

Leaders Bring Real-World Lessons to the Classroom

San Francisco Giants President Larry Baer, Blue Shield of California CEO Bruce Bodaken, and Infosys Consulting CEO Stephen Pratt are among the top executives sharing front-line wisdom as guest speakers in Haas classrooms this fall.

Blue Shield’s Bodaken will address students in Healthcare in the 21st Century, taught by Kristiana Raube, executive director of the Graduate Program in Health Management. Infosys' Pratt will address Lecturer Wasim Azhar’s International Marketing course and also speak to the entire Haas community on Oct. 20 as part of the Dean's Speaker Series. NBC Bay Area News Anchor and Haas School Lecturer Diane Dwyer will bring the Giants’ Baer and Pet Food Express CEO Michael Levy to speak in her undergraduate course on Why Media Matters to the Bottom Line.

Tech Speakers

From the tech sector, Judy Estrin, CEO of JLabs and former CTO of Cisco Systems, will speak in Topics on Open Innovation, taught by Henry Chesbrough, executive director of the Center for Open Innovation. The guest lecturers that will visit Jennifer Walske's undergrad course Perspectives on Entrepreneurship include former Adobe Systems Chairman Bruce Chizen and Katherine Hays, CEO of GenArts, a provider of visual effects software that has been used in the Spider-Man and Matrix movies.

Several guests from tech firms also will speak in Azhar’s course on Internet Marketing and E-commerce, including Haas Professor Hal Varian, on leave to serve as chief economist with Google; Sue Bostrom, chief marketing officer for Cisco Systems; and Patrick Crane, VP of marketing for LinkedIn.

In the Management of Technology (MOT) Program, the students in the Managing the New Product Development Process course taught by Sara Beckman, co-faculty director of MOT, will hear from design professionals including Michael Barry, principal of PointForward, and Lionel Mohri, a consultant at IDEO. IDEO Chief Marketing Officer Whitney Mortimer will speak in Lecturer Randy Haykin’s course on Innovation, Creativity, and Entrepreneurship, which also will include visits by Electronic Arts Founder Trip Hawkins and NetFlix Founder Patty McCord.

Marketing Speakers

In the marketing arena, management consultant Rohit Dube of Bain & Company and Marc Singer, BS 96, director with McKinsey & Company will speak in Professor Miguel Villas Boas’ Marketing Strategy course. Lecturer Lynn Upshaw’s Strategic Brand Management course will feature Debbie Cantu, vice president of brand management and advertising for Kaiser Permanente, and Lisa Hammann, director of managed care marketing for Genentech.

Entrepreneurs

Students will hear from successful Berkeley MBA alumni entrepreneurs such as Pete Vlastelica, MBA 06, CEO of the sports site Yardbarker.com and Matt Caspari, MBA 07, co-founder and vice president of business development for Aurora Biofuels, who will be speaking in Lecturer David Charron’s Business Model Innovation and Entrepreneurial Strategy course.

Numerous venture capitalists also are coming to campus to share insights with undergraduates and MBA students on funding entrepreneurial ventures, including partners from Sequoia Capital, Claremont Creek Ventures, Palo Alto Investors, and Hummer Winblad.

Nonprofit Speakers

From the nonprofit arena, Melinda Tuan, consultant to the Gates Foundation, and Elizabeth Sturcken, managing director of corporate partnerships for the Environmental Defense Fund, will address students in Strategic Management of Nonprofit Organizations, co-taught by Nora Silver, director of the Center for Nonprofit and Public Leadership, and Visiting Assistant Professor Jane Wei-Skillern.

Students interested in visiting a class to hear a guest speaker should contact the professor teaching the course.

Alumnus Produces Documentary on Chicago School

With the ambitious goal of seeking to launch a national conversation about education, alumnus Thomas Hurvis, MBA 62, has added film producer to his resume.

Hurvis, a former ad man and current auto-parts entrepreneur, is co-producer of The Providence Effect, a new documentary about an all-black parochial school, Providence St. Mel, on Chicago’s notoriously rough West Side that has sent 100 percent of its graduates to college for the past thirty years.

The documentary, which opens in select theaters this week and Bay Area theaters Oct. 16, was named best feature-length documentary at the 2009 Omaha Film Festival.

Hurvis is co-founder, chairman, and CEO of Old World Industries, which markets and sells chemical products and automotive parts worldwide. He first became involved with Providence St. Mel through a grant to the school by his family foundation. His belief in the need to improve education and in the approach taken by St. Mel’s led him to serve on the school’s board for ten years — and to produce the documentary.

“When a child comes to St. Mel, he or she knows from day one that the goal is college,” Hurvis says of the K-12 school. “To graduate from high school is one thing. To go on to graduate from college is to gain access to an entirely different life.”

Providence St. Mel Founder and President Paul J. Adams III expects greatness from students, teachers, parents, and administrators alike and enforces a “no foolishness policy.” Parents must make a formal commitment to support their children academically and participate in school activities, including Saturday enrichment classes covering such topics as problem-solving skills and nutrition.

Adams has spread St. Mel’s methods into the public school arena, founding a Chicago South Side charter school called Providence Englewood. Within two years, the school's student test scores have jumped from the 9th percentile to the 50th percentile, according to Hurvis.

The model's success in a public school truly inspires Hurvis, who observes, “Our common interest should be improving the educational system for all of our children.”

Visit the Providence Effect website for more information.

Sunil Dutta Named PhD Program Director

Sunil Dutta, the Joan and Egon von Kaschnitz Distinguished Professor of Accounting and International Business, has been named director of the Haas School PhD Program, Associate Dean Ganesh Iyer anounced Friday.

Dutta, who will serve a three-year term beginning this academic year, was the PhD field adviser for the accounting area and served on the PhD program committee from 2001 to 2007. “Professor Dutta has a distinguished record of teaching and mentorship in the Accounting PhD program and has served on numerous doctoral dissertation committees,” says Ganesh Iyer, associate dean for academic affairs.

Dutta has been at the Haas School since 1996. His research focuses on accrual accounting information, managerial performance measures, and firms’ disclosure policies and their valuation in capital markets. He holds a PhD in business administration and an MBA in accounting from the Carlson School of Management at the University of Minnesota, an MS in applied chemistry from the University of Minnesota, and a BS in engineering from the Indian Institute of Technology in Roorkeey, India.

Dutta succeeds outgoing PhD director Miguel Villas-Boas, who holds the J. Gary Shansby Chair in Marketing Strategy and held the director post for the past three years.

>play: Peer into the Future of Digital Media, Oct. 17

Mozilla CEO John Lilly is among the featured speakers who will address the annual >play Digital Media Conference on Saturday, Oct. 17, at the Haas School.

From microblogging to crowdsourced content, from augmented reality to massively multiplayer gaming, the digital media space has never been so rich with possibility. >play is now in its fifth year of bringing together creative professionals, industry leaders, and students to explore such topics and discuss the emergence and implications of the digital lifestyle. Last year’s conference drew over 400 professionals and 100 students to the Berkeley campus.

This year’s conference will expand to include multiple themed tracks, each featuring a series of panels and speakers. Tracks include Mobile & Cloud, Media & Entertainment, and Identity & Innovation.

The conference, which runs from 8:00 a.m. to 6 p.m., also will give students the chance to network with industry leaders and will offer a sneak peak at the latest gadgets at an interactive expo.

To purchase tickets and get more information, including the full lineup of speakers as they are announced, visit the >play conference website.

Sports, Media, and Startup Stars Teach Fall Courses

The former CEO of the Padres baseball team, a Bay Area news anchor, and a founding executive of Yahoo! are among the instructors who are teaching Haas students in both new and previously offered courses this semester.

Undergrad Courses

Why Media Matters to the Bottom Line, taught by NBC Bay Area news anchor Diane Dwyer (pictured), is one of several new undergraduate courses this semester. In the course, Dwyer is examining how media coverage can make or break a company’s stock price and image. Students learn to leverage media to enhance a brand — and apply that knowledge by pitching media strategies to a CEO.

For the first time, Sandy Alderson, former San Diego Padres CEO and Oakland A’s general manager, is teaching the undergraduate Sports Marketing class this semester. Alderson has teamed up with Mike Rielly, who spent 20 years working at sports media firm IMG , to examine sports marketing practices in the global marketplace. The class will feature guest speakers every week from the PGA, NCAA, and pro franchises.

In the new Urban and Real Estate Economics seminar, Professor Robert Helsley demystifies real estate market cycles, development patterns, and the mortgage meltdown.

In another new course, Green Business, Clean Technology, and Renewable Energy, longtime lecturer Arturo Perez-Reyes examines green business opportunities, impediments, emerging winners, and likely losers. Guests include Joel Makower, author of Strategies for the Green Economy, and Hal LaFlash, PG&E’s director of renewable energy.

Full-Time MBA Program Courses

Randy Haykin, Yahoo!’s founding VP of sales and marketing, is teaching the Full-Time Berkeley MBA Program's new Innovation, Creativity, and Entrepreneurship class with Renn Zaphiropoulos, who sold a startup to Xerox and ran Xerox Parc. With readings ranging from Peter Drucker to Twyla Tharp and guest lectures by the founder of Electronic Arts and chief talent officer of Netflix, the class explores what makes companies innovative and how creative people lead. The course is designed for both engineering and business graduate students.

Evening & Weekend MBA Courses

Two prominent visiting professors are teaching Evening and Weekend MBA classes. Felix Vardy, a senior economist at the World Bank Group and formerly at the International Monetary Fund, is teaching one section of Economics for Business Decision Making. Vardy has co-authored several articles with Haas Professor John Morgan.

UC Berkeley Economics Professor Shachar Kariv is teaching the other section of Economics for Business Decision Making. Kariv is executive director of the Xlab, a unique interdisciplinary lab at Haas for conducting experiments in sociology, marketing, psychology, and finance.

Purdue University Professor Raghavendra Rau is visiting Haas this year and teaching Corporate Financial Management. His research analyzes how market participants acquire and use information. As a researcher at Barclay’s Investors over the past year, Rau witnessed the quant fund collapse firsthand, getting a close look at how a firm conducts corporate restructuring, layoffs, and mergers.

Looking ahead to the winter break, the EWMBA program is tentatively offering a new Seminar in International Business in Dubai. SIB courses introduce students to the culture, history, and business climate of a particular country.

Teams to Present International Development Projects, Sept. 25

Berkeley MBA students who participated in the International Business Development (IBD) Program this year will present summaries of their projects in Gabon, Brazil, Finland, and 12 other locations at the third annual IBD Conference on Friday, Sept. 25, from 8:15 a.m. to 5:00 p.m., in Andersen Auditorium.

The 20-year-old IBD program, run by the Clausen Center for International Business and Policy, dispatches teams of MBA students each summer to work around the globe on projects such as new venture evaluation, business planning, and financial analyses. Student consultants from 20 teams will describe at the conference work they performed in sectors that include technology, eco-tourism, agriculture, and education.

Students also will discuss the challenges they faced working overseas. "There’s so much we take for granted in the US professional setting — even simple things like getting to and from the office, or having a functioning Internet and telephone," says Dave Bend, MBA 10, who was working in Gabon, West Africa, when President Omar Bongo unexpectedly died after more than 40 years in power. After the president's death, "the Internet and TV were cut off for days throughout the entire country. The government also shut down the airport. I hadn't expected that."

The conference is open to the public. Find the complete conference agenda at the IBD conference website and RSVP to [email protected].

Haas Launches MBA Leadership Development Series

Artful Bragging, Power & Influence, and Leading Learning Teams are among a dozen workshops of a new, carefully designed leadership development series aimed at helping Berkeley MBA students become more effective leaders.

The new Berkeley MBA Leadership Development Series is a set of not-for-credit interactive workshops designed to round out the experience and knowledge gained by students in the classroom and through experiential learning opportunities at Haas.

While some of these workshops have been successfully offered at Haas before, the new series ensures that students have access to a full complement of executive training options focused on three areas: self, team, and organization.

"We designed the Leadership Development Series collaboratively with Abby Scott and Pat DeMasters in Career Services and Jen Sang, who works on cross-program initiatives in the Dean's Office," says Adam Berman, executive director, emerging initiatives. "Together, we are launching a series of workshops that will give students a specific set of practical tools critical to building organizations through different phases of their careers."

William Arrunda, Entrepreneur magazine’s anointed “personal branding guru,” launched the series with a workshop titled Stand Out: Build your Brand, on Sunday, Sept. 13. Arrunda shared his secrets to building and communicating a winning personal brand.

Also on the lineup of experts leading the workshops is Srikumar Rao, author of Are You Ready to Succeed? and an adjunct professor at the London Business School. Rao will offer what the New York Times called his signature “marketing with a twist” as he addresses how to manage ambiguity and uncertainty in a workshop titled Harnessing Your Full Potential.

Other course topics include using theater skills to be an effective communicator, developing staff coaching plans, optimal decision making, and exploring how to navigate corporate politics. Students can pick and choose which workshops to attend based on their individual needs.

MBA students will receive workshop announcements with registration information via email before each event.

Melissa Medina, BS 11, Receives New Scholarship Honoring Paul Newman

Melissa Medina, BS 11, has been named the first recipient of the Give Something Back Scholarship in honor of the late actor and philanthropist Paul Newman offered through the Haas School's Center for Responsible Business.

Medina, from Burbank, Calif., is pursuing a double major in business administration and political science and serves as a manager for Young Entrepreneur's at Haas Program, which provides MBA and undergraduate business mentors for underserved children in 6th through 12th grades. She was selected from a pool of ten applicants.

"All of the candidates were outstanding, but Melissa demonstrated the most passion, passion that has translated into action not only in her community-minded and philanthropic activities dating back to high school, but in her level of preparedness when she came in to interview with us for the scholarship," says Alma Azarcon, human resources and community relations director at Give Something Back.

"Melissa is focused, organized, and business-minded, as demonstrated by her work with the Youth Entrepreneurs at Haas Program, which enriched her knowledge of corporate social responsibility."

The new scholarship provides $5,000 per year for two years to an incoming Haas undergrad from an underserved geographical location who has demonstrated outstanding leadership potential and a commitment to corporate social responsibility.

The scholarship was made possible by Give Something Back Business Products, the West Coast’s largest independent office supplier, in honor of the the late actor Paul Newman. The founder of the Newman’s Own line of products was devoted to creating positive change in the world and donated his profits to charity. Newman, who passed away last September, served as a role model for Give Something Back and was a founding funder of the Center for Responsible Business.

“This Give Something Back Scholarship relieves my financial tension and allows more time to focus on my ambition and passion to volunteer,” Medina wrote in a statement. “I will be able to spend more time concentrating on academics and philanthropic organizations."

Haas School Construction Update

Painting of the Haas School building has been finished, and the new Koret Interactive Learning Center is on track to be ready for use in the spring semester.

Crews spent the summer putting a fresh coat of paint on the Haas School building and completed final touchups last week, according to Gerardo Campos, manager, facilities and building operations.

Meanwhile, construction crews are expected to complete the Koret classroom and two breakout rooms so that it's ready for use in the spring semester. The new air-conditioned, 70-seat classroom will be equipped with state-of-the-art video conferencing, dual-screen projectors, a document reader, extensive white boards, and a high-tech lectern with touch-screen controls.

The project also includes two breakout rooms with 65-inch display screens; electrical and cable access in the table; and cameras to record class sessions, mock interviews, and presentations. The project is funded in part by a $1.5 million grant from the Koret Foundation, a private philanthropic organization created by the estates of Joseph and Stephanie Koret, founders of the Koret of California sportswear line.

Haas has added new suit lockers for the Full-time MBA Program to replace the lockers removed as part of the Koret project. The Xlab has moved to S460 to make space for the Koret classroom.

In a separate project, the conference room in S518 has been converted to office space. A new conference room in S242 in the library is now available in place of S518 for group meetings. About 50 new rolling chairs with adjustable arms and height also recently arrived in the library to replace broken wooden chairs.

Institute Reborn, Highlighting Innovation’s Powerful Role at Haas

The Institute of Management, Innovation, and Organization is being "renewed and reborn" as the Institute for Business Innovation to emphasize the importance that innovation plays in business and at the Haas School, Dean Rich Lyons announced in a letter to staff, faculty, and students on Friday.

Professor Michael Katz will continue as director of the renamed institute. It will continue to house approximately ten centers and programs, including the Fisher Center for the Management of Technology; the Lester Center for Entrepreneurship and Innovation; the Center for Open Innovation; and the Management of Technology Program, a joint program with Berkeley's College of Engineering.

The institute also is expanding to include Haas@Work, the school's applied innovation program in which students drive innovation in larger organizations, and Cleantech to Market, a program in which business students help Lawrence Berkeley National Laboratory scientists commercialize their technologies.

"The change to IBI reflects the critical role that innovation plays in successful business strategy," says Lyons. "Internally, it also underscores the central role that IBI plays in our school’s mission to support pioneering research and to educate the innovative business leaders of tomorrow."

The institute will serve as the central hub, or one-stop shop, that connects faculty, students, and outside companies interested in promoting, managing, and benefiting from innovation.

Looking to the future, the institute is planning to pursue efforts in the areas of business model innovation, innovation leadership, and innovation in health care and the life sciences, according to Katz.

YEAH Celebrates 20 Years of Helping Underserved Youth

When Dean Rich Lyons began work as chief learning officer for Goldman Sachs in fall 2006, one of the first internal emails he received was from Robert Reffkin, a Goldman Sachs vice president in New York – and a 1995 graduate of the Young Entrepreneurs at Haas Program, which celebrates its 20th anniversary this year.

Since 1989, the Center for Young Entrepreneurs at Haas (YEAH) has connected underserved East Bay youth with Berkeley-Haas mentors to put college within reach. Reffkin, whose final YEAH business plan presentation was judged by a most impressed Lyons (then the YEAH faculty advisor), is one of many YEAH success stories.

“I was supposed to be a ‘throw-away’ — a racially mixed child abandoned by my father and raised by my single mother,” says Reffkin. “One of the most fortunate experiences of my life was the Young Entrepreneurs at Haas. My personal experiences prove that students can thrive when given proper encouragement, training, and opportunities.”

While only 48 percent of the Oakland public school freshmen graduate four years later, according to a 2005 study by the Harvard University Civil Rights Project, 100 percent of the students who complete YEAH’s four-year program graduate and attend college. They are almost always the first in their families to do so.

“YEAH was founded on the idea that bringing Haas School students together with young people in the local community would help both live more productive lives,” says YEAH Executive Director Jennifer Bevington. “The program uses real-life lessons in business, finance, and entrepreneurship to help middle and high school students develop the skills needed for academic and economic success.”

“The students we are impacting today are the ones who, 10 to 15 years from now, will be mentoring others,” adds YEAH board member David Eckles, MBA 73, retired chairman and CEO of Helm Financial Corp. “It gives me a tremendous sense of pride to see these students wow executives with their ideas and go on to college. The rewards for both the mentored and the mentors make this program integral to Berkeley-Haas, a school that has been built on its knowledge, philanthropy, and commitment to giving back.”

To learn more, visit YEAH.

Prof. Emeritus Edwin Epstein Featured at Academy of Management Conference

Professor Emeritus Edwin Epstein was the distinguished speaker at a panel session celebrating his seminal book The Corporation in American Politics last month at the Academy of Management 2009 Annual Meeting in Chicago.

The session was titled The Corporation in American Politics – 40 Years Old and Still Pushing the Frontier of Studying Business and Government. After it was published in 1969, Epstein's book The Corporation in American Politics won a "Best Book in Management" award and paved the way for four decades of research and teaching this new field of business education.

“It was the seminal study of the role of large business corporations in the American political process," Epstein says. "It examined the rationale underlying corporate political activity from the perspective of the firm as well as the implications of that involvement in terms of public policy formation and implementation in the US.”

Today, Epstein’s analytical framework remains pertinent. “As a clear testament to its enduring power to inspire research, it is the only work that I know of that has been subjected to two Academy of Management sessions (1989 and 2009)," says John Mahon, dean of the University of Maine’s College of Business Public Policy and Health. "A clear reading of his work reveals a richness of theoretical and applied research that can be mined by those interested in the political environment of business today."

Epstein was trained as a political scientist and attorney. He arrived at UC Berkeley in 1964 as a lecturer. In 1973, he became a professor and served as the school’s associate dean for four years and chair of Berkeley's Academic Senate.

Prof. Emeritus Maurice Moonitz Passes Away

Haas School Accounting Professor Emeritus Maurice Moonitz, BS 33, MS 36, PhD 41, passed away July 24 at the age of 98.
A memorial for Moonitz will be held Oct. 4 at the UC Berkeley Faculty Club (RSVP to [email protected]).

A prolific scholar, Moonitz was the author or editor of approximately 70 articles and books on accounting and also worked in the field as a certified public accountant.

Moonitz grew up in Cincinnati, Ohio, and earned his three business degrees at Berkeley. He taught at the University of Santa Clara and Stanford and became a staff accountant at Arthur Andersen before returning to Berkeley as an associate professor in 1947. He was promoted to professor in 1953 and retired in 1978. Moonitz received the American Accounting Association Outstanding Accounting Educator Award in 1985 and was honored by three former students with the establishment of fellowship and endowment funds.

During his time at Berkeley, Moonitz served as the first associate dean of the university's newly formed Graduate School of Business Administration, from 1955 to 1959. In 1966, Moonitz took a leave from Berkeley to become the founding director of the Lingnan Institute of Business Administration of the newly formed Chinese University of Hong Kong.

Moonitz served on the boards of many professional and civic organizations, from the East Chapter of the California Society of CPAs to the Menlo Park Planning Commission. He played the violin with symphony orchestras in Sacramento, Berkeley, and Hong Kong and chamber music groups in California and New York.

Moonitz is survived by three children, David Moonitz, Elaine La Beau, and Judy Hanson; seven grandchildren; ten great-grandchildren; and one great-great-granddaughter.

Memorial donations may be sent to the UC Davis Alzheimer's Disease Center, 150 Muir Road (127A), Martinez, CA 94533 or The Maurice Moonitz Doctoral Fellowship Fund, c/o UC Berkeley Haas School of Business, 502D Faculty Building #1900, Berkeley, CA 94720-1900 (payable to UC Regents). Letters of condolence should be sent to P.O. Box 6628, Albany, CA 94706.

Haas Ranks Among Top 10 Business Schools for Hispanics

The Haas School placed ninth this year in a ranking of the top ten business schools for Hispanic students compiled by Hispanic Business magazine.

The ranking, published in the magazine’s September 2009 issue, is based on the percentage of MBA degrees earned by Hispanics, Hispanic faculty, and Hispanic student enrollment. Haas ranked seventh in Hispanic Business last year and has placed among the top ten schools for Hispanic students for nine of the past ten years.

To see the ranking, visit hispanicbusiness.com/rankings/headlines/2009/9/4/2009_top_10 business_schools_for.htm.

HP CEO to Speak at Haas Oct. 8

Hewlett-Packard CEO Mark Hurd will give a talk from 12:30 p.m. to 2:00 p.m. Oct. 8 in Arthur Andersen Auditorium as part of the Dean's Speaker Series.

Hurd, who also holds the title of president and chairman, took the helm of HP in early 2005 after spending 25 years at NCR Corp., where he held a variety of management, operations, sales, and marketing roles, including CEO and COO. Since taking the reins at HP, Hurd has sharpened the company's focus on key growth opportunities, increasing revenue from $80 billion in fiscal year 2004 to $118.4 billion in fiscal 2008.

The event is free and open to all members of the Haas community. However, registration is required at http://register.haas.berkeley.edu/MarkHurd/MarkHurd.aspx. For more details on the Dean's Speaker Series, visit haas.berkeley.edu/haas/about/deansspeakers.html.

Schwab Series Hosts Talk on Philanthropy, Sept. 15

The Center for Nonprofit and Public Leadership will kick off the second annual Schwab Charitable Philanthropy Speaker Series on Sept. 15 with Jane Wales, founder of the Global Philanthropy Forum.

A second event on international microfinance and innovation with Grameen Foundation leaders will follow on Sept. 30.

The Sept. 15 event with Wales will run from 6:00 p.m. to 8:00 p.m. in the Wells Fargo Room and is open to the Haas community. Wales' Global Philanthropy Forum is a group of more than 750 social investors committed to international causes throughout the world. Wales is also president and CEO of the World Affairs Council of Northern California, host of the nationally syndicated National Public Radio interview show It’s Your World, and was recently named in the Nonprofit Times Power and Influence Top 50 for 2009.

The Sept. 30 event with Grameen Foundation leaders will take place at the Berkeley City Club, 2315 Durant Ave., Berkeley (event time to be announced). Grameen Foundation helps microfinance institutions, credit unions, cooperatives, and poverty-focused organizations secure financing, develop strategies to attract and maintain a talented and dedicated workforce, and better track how quickly their clients are leaving poverty. The foundation is a leader in the fight against poverty in Sub-Saharan Africa, Asia, the Arab world, and the Americas.

Check for updates and register for the events at http://nonprofit.haas.berkeley.edu/community.asp.

Learn the Ins and Outs of Careers for “Quants,” Sept. 17

"Quants" have come to play a major role in today's finance sector, designing and implementing mathematical models to price derivatives, assess risk, or predict market movements. Students interested in exploring these kinds of careers can learn more at "How I Became a Quant," a panel discussion on Thursday, Sept. 17, at 6:00 p.m. in Andersen Auditorium.

The Haas School's Master’s in Financial Engineering (MFE) Program is hosting this free discussion and Q & A session, which is presented by the International Association of Financial Engineers Education Committee and the Fischer Black Memorial Foundation. The event is open to the public.

The panel consists of Dwight Grant, managing director and global practice leader for financial engineering at Duff & Phelps; Bob Meade, member at Ronin Capital and former co-head of equity derivatives at Robertson Stephens & Co.; and current Berkeley-Haas MFE student Ian Swanson. The panel will be moderated by Karim Khiar, a principal with Barclays Global Investors who earned dual MBA/MFE degrees in 2002.

"The forum should offer a good overview for those who may not be aware of the extent to which finance is truly a scientific endeavor," says Swanson, who holds a PhD in theoretical physics from the California Institute of Technology. "In light of recent events, it has also become an incredibly important endeavor, with lots of interesting and new challenges. At this point in time, quants have a perfect opportunity to make dramatic and lasting improvements in the field and in society as a whole."

Visit the International Association of Financial Engineers website to register.

Forbes Ranks Business Schools on Return on Investment

The Haas School of Business ranked #12 in the 2009 Forbes “Return on Investment” ranking for full-time MBA programs published Aug. 5.

The Haas School moved up by one spot this year from its #13 position in the previous Forbes ranking in 2007.

The rankings were accompanied by an article on experiential learning in MBA programs that featured the recent Haas@Work program with Visa and another on “How to Get into Business School” that quoted Admissions Director Pete Johnson.

The rankings are based on the return on investment achieved by graduates from the class of 2004. Forbes compared their earnings in their first five years out of business school to their opportunity cost (two years of forgone compensation, tuition, and required fees). Only two-year full-time MBA programs were included in the US ranking.

To view the full report, go to www.forbes.com/bschools.

Undergrad Program Ranks #2 with US News

The Haas Undergraduate Program ranked #2 (tied with MIT Sloan) in this year’s US News & World Report ranking, up from #3 last year and the previous five years. Wharton came in #1.

Haas also appeared in the top ten of five specialty rankings:

#3 in finance
#3 in management
#4 in marketing
#4 in quantitative analysis/methods
#5 in real estate

The ranking is the result of a poll of business school deans and undergraduate directors (or senior faculty) at accredited business schools, who were asked to rate the quality of programs they’re familiar with on a scale of 1 (marginal) to 5 (distinguished). The overall ranking and the specialty rankings are based solely on this peer survey.

At the university level, UC Berkeley remained the #1 public university and #21 nationally among public and private schools.