...this year's Wealth-X and UBS Billionaire Census...
The University of Mumbai was ranked 9th on the list, which was topped by the University of Pennsylvania as the school had 25 billionaire undergraduate alumni.
The University of Mumbai has more number of billionaire alumni than MIT, NYU, University of Columbia and Duke University.
Harvard University was ranked second on the list with 22 billionaire undergraduate alumni followed by Yale University (20) in the third position. The University of Southern California, with 16 billionaire undergraduate alumni, and Princeton University, with 14, make the top five.
Sixteen out of the top 20 billionaire schools are in the United States.
Co-founder at insPeer, Founder and senior consultant at Ithaca Consulting Top Contributor
"We are very proud to contribute to the IE tradition of entrepreneurship. Inspeer, the first peer-to-peer insurance platform, co-founded by Louis de Broglie and Emmanuelle Mury, both IE alumni, is amongst the 5 runners-up for the Great Prizes of Innovation of the city of Paris. www.inspeer.me/finalistes-services-aux-particuliers/"
Nous avons le plaisir d'annoncer qu'Inspeer est finaliste des Grands Prix de l'Innovation de la ville de Paris 2014 dans la catégorie services aux particuliers. Plus de 460 candidatures ont été reçu...
Inspeer, a startup by two alumni, amongst the 5 runners-up for the Great Prizes of Innovation 2014 of Paris. http://t.co/TZGGYmm4Bt— IE Alumni (@IEAlumni) October 20, 2014
Levantando una serie A, CartoDB http://t.co/UqnhlK8YYt— Miguel Arias (@mike_arias) September 10, 2014
Findings of Harvard Business School’s 2013 – 14 Survey on U.S. Competitiveness
"Michael E. Porter Jan W. Rivkin with contributions from Joseph B. Fuller, Allen S. Grossman, Rosabeth Moss Kanter, and Kevin W. Sharer"
The report also showed a split between small businesses and larger businesses, with alumni from the former more pessimistic along almost every dimension surveyed.
+ September 9, 2014, Boston Globe, Harvard study finds ‘troubling’ divergence in US economy
Executive Summary (page 4)
In 2013–14, Harvard Business School (HBS) conducted its third alumni survey on U.S. competitiveness. Our report on the findings focuses on a troubling divergence in the American economy: large and midsize firms have rallied strongly from the Great Recession, and highly skilled individuals are prospering. But middle- and working-class citizens are struggling, as are small businesses. We argue that such a divergence is unsustainable, explore its root causes, and examine actions that might mitigate it. We ask in particular, how can we create a U.S. economy in which firms both thrive in global competition and lift the living standards of the average American? Four patterns that shed light on this question emerged from survey respondents’ assessments of the U.S. business environment:
• In gauging the future of U.S. competitiveness, the survey respondents were pessimistic on balance. By a ratio of three to two, those who foresaw a decline in U.S. competitiveness in the next three years outnumbered those who predicted an improvement. Reflecting the divergence described above, respondents were much more hopeful about the future competitive success of America’s firms than they were about the future pay of America’s workers.
• Though pessimistic overall, respondents were less negative about the future of U.S. competitiveness than they were in prior surveys. This trend seems to reflect the cyclical rebound of the U.S. economy. Accordingly, respondents were more favorable this year in their assessments of every element of the U.S. business environment. Respondents saw relatively small gains, however, in areas that pose some of the nation’s toughest challenges, including America’s tax code, its K–12 education system, its political system, and its regulations.
• Overall, respondents saw weaknesses in those aspects of the U.S. business environment that drive the prospects of middle- and working-class citizens—for instance, the education system, the quality of workplace skills, and the effectiveness of the political system. And they saw strengths in aspects that influence company success, such as the quality of management, the vibrancy of capital markets, and firm access to innovation. This dichotomy is likely at the root of the divergence described above. • Compared to the typical respondent, alumni working in small businesses had more negative (or less positive) views of virtually every aspect of the U.S. business environment. This finding echoes growing evidence from other sources that small businesses are disadvantaged in America.
Beyond a general assessment of the U.S. business environment, the survey explored three areas of concern where smarter approaches might improve the prospects of the average American: the K–12 education system, workplace skills, and transportation infrastructure. In each of these areas, this report draws not only from the survey but also from wider HBS research efforts.
Centro Community Partners, located in Oakland, fosters socioeconomic change in communities by providing business advisory services and leadership development programs to underserved entrepreneurs that are needed to grow businesses and provide jobs.
Earlier this year, Centro released a mobile app called the Centro Business Planning Tool, which people can use to create a business plan right on their smart phone. The app is available for Apple products (in English) and on Android (in English and Spanish).
To learn more about how Centro developed the app, check out "PhotoEssay: How We Made Our App in 7 Pictures"!
Watch the video below to learn more about Centro:
Management Team (centrocommunity.org/about/centro-team/)
Arturo A. Noriega
Founder & Executive Director
Arturo brings more than 17 years of work experience as a management consultant. Arturo specializes in economic development, strategy, governance, risk management, finance, and organizational change management. He has worked at Mission Energy, Moody’s KMV, Barclays Global Investors, AON, Deloitte, and Ernst & Young. He has earned an MBA in Strategic Management and Leadership from Peter F. Drucker School of Management at Claremont Graduate University and a BA in Economics and a concentration in Finance from Haas School of Business from U.C. Berkeley.
Naldo Peliks (video @ 2min5secs)
Chief Operations Officer
Naldo is responsible for developing Centro’s operational capacities, leading the organization’s advisory services and overseeing product development. He brings 10 years of marketing and business strategy experience working with organizations in technology, banking, retail and education. He is also a founding member of Baobank, a microfinance initiative in Burkina Faso. Naldo has a BA from the University of San Francisco and an MBA from IE Business School in Madrid Spain.
I was born in Nubia, Egypt and I have an MBA degree from IE Business School. I am a Founder Partner of the companies Destinia.com , Troovel , Onlinetravel and Globalclick which operate in the online sector. I am currently the CEO of the online travel agency Destinia.com.
"Hotel Near Me" The World's First Hotel Booking App for Google Glass! by Destinia http://t.co/4OuTC9YTmv English version.— Amuda (@amuda) April 30, 2014
Gracias @CarlosSaldana por darme la oportunidad de compartir nuestra historia de Destinia en el IE y mil gracias para los asistentes— Amuda (@amuda) January 31, 2014
Well, there you have it: GMAC report concludes that: "five decades of alumni, 83 percent say b-school is essential" http://t.co/ip9Z88ymZZ— Bob_Bruner (@Bob_Bruner) March 19, 2014
GMAC asked business school alumni from graduating classes in the past five decades (1959-2013) if their MBA or business master’s degree was essential to obtaining employment and 83 percent said YES.
The new GMAC® 2014 Alumni Perspectives Survey Report is the debut of survey results based on direct collaboration with 132 business schools in 29 countries. The data in this report tell the employment stories of nearly 21,000 business school alumni, and offer feedback about their career progression and the value of their graduate management education.
Schools looking to use data to bolster their outreach efforts have the opportunity to connect this compelling proof from alumni with their own efforts. Survey findings about the value and satisfaction alumni gain from their graduate business education can be used in positioning and promoting unique program features (such as centers of innovation and entrepreneurship, or access to alumni mentors). In addition, the information can be applied across marketing and outreach channels to boost recruitment, fundraising, alumni relations, media interactions and more.
November 2013, blog.busuu.com/are-women-better-language-learners/
11 languages in one! busuu’s completely redesigned app is here :) read our blog to find out more http://t.co/joBeJXxOtL— busuu (@busuu) January 6, 2014
Via Cass Bschool alumna Frances Coppola
I am an economics professor at Oxford University, and a fellow of Merton College. This blog is written for both economists and non-economists.
The startup said it plans to use the funding to “accelerate” its efforts in the U.S., with plans to open an office in Silicon Valley this year, and also to step up its competitiveness worldwide. The app builder space is a relatively crowded one, but with mobile users’ insatiable appetite for apps there’s plenty of room for multiple players to try their hand at making it really easy for non-techies to get technical.
Mobincube is web based software where anyone can create their own mobile application (app) without any software programming knowledge whatsoever. The resulting apps can be used to obtain income, promote business, sell products and create them for third parties by selling app developer services to clients. The apps created using Mobincube are compatible with Android smartphones and tablets, iPhone, iPad, Windows Phone and Blackberry. From a user perspective, the process of building an app with Mobincube is relatively simple, from...
Apple CEO Tim Cook spoke to students and alumni at Duke University's Fuqua School of Business in April 2013. Cook earned his MBA from Fuqua and returned to the school for his 25th reunion. Cook talked about intuition, collaboration, ethics, breaking the rules, how to lead, and leaders who inspire him in conversations with Dean Bill Boulding.
(Apple’s Tim Cook’s delivers commencement speech at Duke’s Fuqua School of Business, National Monitor June 3, 2013)
IE alumni news, IE ALUMNO LAUNCHES SUCCESSFUL RETAIL LOYALTY APP IN SPAIN – STOCARD, May 6, 2013
Are you tired of the mess in your wallet overfilled with loyalty cards and coupons? – The free Stocard app collects all loyalty cards on your smartphone and is now available on the Spanish app store. Providing users with personalized offers and coupons, Stocard creates a unique communication channel, through which offline retailers can reach young mobile customers. Moritz Heck joined Stocard after completing his dual degree at IE Business School last December. He is convinced that the Stocard app has the potential to change the offline shopping experience. Working as CFO & Head of Business Development he can put the entrepreneurial knowledge into practice, which he acquired during his MBA and Master in Finance at IE Business School.
The Stocard app has already replaced about four million plastic loyalty cards for more than one million users in several countries. Now it also puts Spanish customers’ wallets on a diet. Stocard currently ranks 1st in the Spanish app store – just a few days after its launch. “Smartphones are the future. They can completely replace all loyalty cards with the free Stocard app for iPhone and Android”, says David Handlos, CEO and founder of Stocard.
Stocard is very easy to use: Simply scan your loyalty card with your smartphone’s camera. The app then creates a digital version of the card on your phone. Stocard already supports 100 default loyalty cards – from Club Vips, over El Corte Ingles to Shell Clubsmart. If a rare card is not on the list, you can type in the store’s name by hand and easily add the desired card. Whenever you want to use your loyalty card, just show your phone with the digital copy and receive discounts and rewards, just as you would with the plastic card.
In May Moritz will be able to put his IE experience into action, when he will pitch Stocard at the biannual IE Venture Days in Madrid. Stocard has been announced as one of the ten finalists presenting in front of VCs from across the globe. This will be an excellent opportunity to find potential international partners for Stocard’s future expansion in Europe and beyond.
blog.mobincube.com "Ten things you can do to make money from mobile apps", February 28, 2013
Each week Bloomberg Businessweek brings you an update on how MBA alumni from top business schools are making news—the good, the bad, and the ugly. This week, graduates from Harvard, Wharton, Kellogg, and Cornell were among those making headlines.
The euro zone’s debt crisis is just the center of an “adjustment” which is affecting all advanced economies, former European Central Bank (ECB) President Jean-Claude Trichet told CNBC.
“The Europeans have a special responsibility because we are the epicenter of the worst crisis since World War II. And that, of course, calls for highly responsible decisions,” he said.
All the advanced economies are undergoing their first major adjustment since the Second World War, according to Trichet.
“When you look with historical credit at what has happened since 2007, it was the start of the adjustment of the advanced economy. We have to understand-- it's our turn. We cannot ask the rest of the world to finance us eternally if we spend more than we earn. As simple as that,” he said.
“We paid quite a high price for a dominant vision, which was too much benign neglect before the start of the crisis.”...
It was only a matter of time before a prominent business school decided to do its own version of Facebook to better connect alumni around the world. Not surprisingly, the school that will launch its Facebook-like network is Dartmouth College’s Tuck School of Business.
Next month, the school will take the wraps off of an impressive and innovative effort to use a private social network to more effectively link its 9,100 alumni—already the most loyal and generous of any business school in the world—with each other as well as the Tuck’s faculty and current students...
...The HBS African-American Alumni Association (HBSAAA) has joined forces with Dell to put computers into the hands of promising young students who might not otherwise have access them. ..
Since the project’s launch in October 2004, more than a dozen HBSAAA volunteers have dedicated several hours every other Saturday to serve as mentors to eighteen middle-school students from the KIPP (Knowledge Is Power Program) Academy, an innovative arts-focused charter school in the South Bronx...
BEIJING / SHANGHAI - China is luring more foreign job seekers as its economy shines amid the global slowdown.
Ian Hoorneman, a Harvard Business School MBA holder from the United States, came to Beijing in 2009 and is now a counselor and coordinator for international affairs in Beijing Royal School...
LONDON — It always pays to do your homework. And as Jeremy Bedzow, an M.B.A. student at the IE University in Madrid, can attest, in business school it often pays to volunteer — especially if you are looking for rewards that go beyond the bottom line.
Working with a team of IE students in Madrid, Mr. Bedzow helped Microsoft to develop a model program to provide training in information technology as well as the soft skills required to function inside the corporate world.
Known as ITCAN Academy, a pun on the Arabic word for perfection, itqan, the course recruited 100 university students, all of whom had to be Saudi nationals...
“One of our objectives at IE is to educate global citizens,” Mr. Íñiguez (Dean) said. “We try to instill civic virtue through the whole curriculum. Instead of having a module on ethics, we believe every course, every subject, every professor, should address these issues.”..
“That diversity also needs to be part of the learning process,” Mr. Íñiguez said. “We need to get beyond gender, or the number of passports in the class, and make sure our graduates are genuinely comfortable with different views and different values. We need to help students get rid of their arrogance.”
Jörg Asmussen, originally from Germany, came to Italy to attend the SDA Bocconi Master in Business Administration taught in English during 1991-1992. He will take office on the European Central Bank Board on 1 January 2012.
The European Council has recently officially named the German national Jörg Asmussen, an alumnus of the SDA Bocconi MBA, a member of the Executive Board of the European Central Bank (ECB), substituting the resigning Jürgen Stark. Asmussen will take office on 1 January 2012. Jörg Asmussen attended the English version of the SDA Bocconi MBA during the 1991-1992 academic year.
The Executive Board of the ECB, made up of the President and Vice President of the Bank and 4 other members, has the responsibility of "preparing Governing Council meetings," says the ECB website, in addition to "implementing monetary policy for the euro area in accordance with the guidelines specified and decisions taken by the Governing Council and giving the necessary instructions to the euro area NCBs, managing the day-to-day business of the ECB and exercising certain powers delegated to it by the Governing Council."
Yu Yongding, currently President of the China Society of World Economics, is a former member of the monetary policy committee of the Peoples' Bank of China and former Director of the Chinese Academy of Sciences Institute of World Economics and Politics.
David Daokui Li (Chinese: 李稻葵; pinyin: Lǐ Dàokúi) is a Chinese economist economist and the Director of the Center for China in the World Economy (CCWE) at the Tsinghua University School of Economics and Management and is the Mansfield Freeman Professor of Economics. He currently teaches courses on economic transition, corporate finance, international economics, and China's economy....He is a member of the 1985 inaugural class of the Tsinghua School of Economics and Management (Tsinghua SEM)..
Li Daokui is a part of a trio to replace Fan Gang, as academic members to the central bank’s monetary policy committee (PBOC Monetary Policy Committee)...
"China could play key role in EU rescue", Financial Times, October 27, 2011.
“It is in China’s long-term and intrinsic interest to help Europe because they are our biggest trading partner but the chief concern of the Chinese government is how to explain this decision to our own people,” said Professor Li.
www.jac-conference.org/jac/, Sept 30, 2011
We just got back from the 2011 Joint Alumni Conference (JAC) in Zurich and thought we'd share some of the highlights. Set at the superb Swiss Re Center for Global Dialogue, nestled in woodland with blue-sky views of the lake, the conference attracted an impressive array of speakers and several hundred MBA alumni from the world's top business schools...
- The CarbonNeutral Company (Wikipedia) is a global provider of carbon reduction solutions. Founded in 1997, the company has been one of the first providers of voluntary carbon offset credits in the world.
- The World Bank's "State and Trends of the Carbon Market 2011" (PDF, 78 pages)
MIT World, February 18, 2009
Running Time: 0:55:00
...This type of innovative leadership, says Maceda, could “apply broadly to most service-based organizations who want to make people the heart of a sustainable, competitive advantage, and to translate better products that meet clients needs better.” Such an organizational model holds true even or especially during times of crisis. “If you believe you have a strong competitive advantage, usually during times of crisis you can harness that and win.”...
business today india, September 18, 2011
The country head of HSBC was the first woman to enter the male bastion of investment banking
...The list of Kidwai's firsts is staggering: she was the first Indian woman to graduate from Harvard Business School, or HBS; the first woman to be hired by PriceWaterhouse in India; the first woman to lead a foreign bank in India. Kidwai says she had to work "very hard" to find her space among the men...
The newest crop of writers includes nontraditional candidates—a journalist, a pollster, and a Google "jack of all trades"—all yearning to make their mark
The MBA Journals, which challenge incoming MBA students to share their business school journey with Bloomberg Businessweek readers, have become a rite of passage of sorts. Many MBA applicants read the journals in hopes of discovering what a typical day will be like on a particular campus, how they’ll ever find an internship or full-time job, and what kind of social life they can expect...
The man who started the private equity industry 40 years ago, is plotting to harness entrepreneurship to act as an agent for social change.
...has been back to Harvard and a clutch of other top universities to tell the students about the next big thing in the business world – social finance...
"We want to do the same thing for social entrepreneurship. We want to connect the capital markets to the social sector.
"I think it is going to be similarly powerful because the impact of the recent crisis on peoples consciousness has emphasised the importance of dealing with the social consequences of the [capitalist] system."
Sir Ronald is fervent in his belief that this is more than just the latest business fad, but a crunch-point moment for the entire Western market-based system.
"It is not enough to increase the standard of living at the high end. It is right at the same time to worry about those who are left behind," he says.
"I think societies everywhere will come to the conclusion that an important part of the capitalist system is having a powerful social sector to address social issues, because government doesn't have the resources."
The Tuck School of Business Annual Giving campaign broke a world record when it reached a 70.5 percent participation rate in its 2011 campaign, according to a Tuck press release. Participation in Tuck Annual Giving has historically been higher in comparison to other business schools in the United States and around the world...
"Looking back, Georgetown was the perfect fit for me. I wanted an urban school, with an international focus and a globally known brand name"
I started business school at Georgetown's McDonough School of Business (McDonough Full-Time MBA Profile) with panic attacks. Once I met my classmates (incredibly accomplished people who were arriving from all walks of life and all corners of the world) and realized the full magnitude of our course load (four new classes every seven weeks, plus four residencies), I thought that a person like me (background in education, no real business experience) could never make it...
One of the most valuable assets of a top-ranked business school is its alumni network. It’s a major consideration by applicants in choosing an MBA program, and it’s a significant sign of a school’s true brand strength in the marketplace.
But it’s also something that is hard to measure. There is no available metric that will let you know how often the alumni network at a school gets current students internships or jobs. There is no measurement to find out how often an alum returns the call of a student for advice, mentorship, or networking.
There is, however, one very telling number to judge the strength of a school’s alumni network: the percentage of alumni who give money to a school every year. As Paul Danos, dean of Dartmouth’s Tuck School of Business, puts it, a school’s annual alumni giving rate is “a long-term satisfaction index.”
Alumni wouldn’t be handing over money to a school especially if they felt no affinity toward the institution or were unsatisfied with the MBA experience they received. So high alumni giving rates might well be the single best proxy to assess both the satisfaction of MBAs with an institution as well as the ultimate value of the network a graduate inherits at commencement.
Which business schools do exceptionally well on this index? Year in and year out, the Tuck School beats every other institution in the world when it comes to annual alumni giving. Last year, for example, some 67% of Tuck’s 8,976 living MBAs wrote checks to the school. That is an extraordinary level of support at a time when the average rate of giving for a top-20 business school is roughly 20%.
“That is like the four-minute mile,” boasts Danos. “The appreciation for Tuck grows as our graduates go out and speak to others about their experiences. That long-term satisfaction has to be high given the unheard of rate of giving. I do think it’s a long-term endorsement of the general way we educate.”
This year, Tuck will reach a new milestone, eclipsing the highest participation rate in its history. With a May 31st deadline approaching for its annual giving campaign, more than 68% of its alums have already send in their checks, beating the 67.5% peak reached in 2008. Danos is hopeful that the school might very well hit 70% this year.
And after Tuck? It’s Yale University’s School of Management, which last year saw 46% of its MBA alums reach into their pockets to donate money to the school; the University of Virginia’s Darden School, the beneficiary of a 43% alumni giving rate last year, and the Stanford Graduate School of Business, which reported a 41% participation rate by MBA alums....