News from Vanderbilt University Owen Graduate School of Management
“Business schools are eager to build diverse student bodies, which include LGBTQ+ applicants, or those who identify as lesbian, gay, bisexual, transgender, and/or queer. For LGBTQ+ MBA candidates who are out, there are many resources — both national and local — available for those looking for support and a community within the business world.
“To find out what LGBTQ+ applicants should know, we sat down with Associate Admissions Director Zeke Arteaga, as well as Taylor Kunkel and Chad Fritzsche (both MBA’19), who are involved in the Out & Allied club at Vanderbilt Business; Kunkel is the president this year. Arteaga, Kunkel, and Fritzsche covered what MBA applicants should know from both the admissions and student perspectives as they research and apply to programs.”
News from Yale SOM
“When the investment bank Lehman Brothers failed in September 2008, in the biggest bankruptcy in U.S. history, it sent a shock through the already weakened financial system. Within a month the government had recapitalized American International Group, guaranteed money market mutual funds, and passed the $700 Troubled Asset Relief Fund (TARP), which permitted the government to invest capital into the country’s largest banks, forestalling their failure. The crisis would worsen throughout the next year spreading beyond the financial system and impacting almost every segment of the economy. Governments around the world would make unprecedented interventions to address it.
“Lehman Brothers’ failure and the vulnerabilities of the large investment banks and other nonbank financial institutions were a major part of the 2007-09 financial crisis. Ten years after the crisis, the Federal Reserve’s decisions about how to respond to the potential failures of these institutions remain among the most controversial it made during the crisis.
“Recently, Timothy F. Geithner, Former President of the Federal Reserve Bank of New York and Secretary of the Treasury during the crisis years sat down with Andrew Metrick, Janet Yellen Professor of Finance at the Yale School of Management and Founder and Director of the Yale Program on Financial Stability to revisit the unprecedented actions taken by the Federal Reserve and the government to calm the crisis and the recession.”
Guts, Gall, And Good Luck: What It Takes To Be An Entrepreneur
News from Harvard Business School
“What do these people have in common? The daughter of former slaves, pioneers in the private space race, and oddball inventors who created the green business industry. They all overcame long odds to become great American entrepreneurs.
“Here is a collection of recent stories and research reports that attempt to explain the necessary ingredients to becoming a successful entrepreneur—no matter how unlikely.”
How Populists Thrive In Hard Economic Times
News from London Business School
“With Brexit and the election of Donald Trump, populism in the West has gained suﬃcient momentum to shake the complacency of the Anglo-Saxon elites. Trump’s victory and the UK vote to leave the EU were hugely signiﬁcant events in 2016, followed in 2017 by weighty gains for populist parties in France and Germany. Although Trump, Brexit and Marine Le Pen’s rising credibility are relatively recent phenomena, exploiting a sense of resentment in those who feel ‘left behind’, populist parties across Europe have actually been gaining ground since 2012.
“While populism is not, then, a wholly new arrival on the European political scene, there are factors which have boosted its recent popular appeal and legitimacy. Much of it comes down to money: most people have less of it since the global ﬁnancial crisis (GFC) of 2007-09 – and they are angry.”
New Academic Year Brings New Events, Programs Across Emory
News from Emory University Goizueta Business School
“The nine schools that make up Emory University have big plans for the 2018-19 academic year. Get the stats on their incoming classes, plus a roundup of what’s on tap for this semester — from new degree programs to new faculty — as listed by each school.
“Goizueta Business School recently welcomed its Two-Year Full-Time MBA Class of 2020. The class is made up of 181 students who represent over 20 different countries; 23 have memberships in the Consortium for Graduate Study in Management. The class also includes 11 U.S. military veterans who represent the Army, Navy, Marines and Coast Guard. Additionally, Goizueta’s Master of Science in Business Analytics Class of 2019 arrived on campus. Made up of 44 students and representing eight different countries, the cohort includes one Fulbright Scholar and five BBA/MSBA joint degree students.”