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Neubauer Funds Entrepreneurship Chair
Joseph Neubauer, 65, has given $1.5 million to Chicago to establish
the Neubauer Family Professorship of Entrepreneurship and Finance.
With entrepreneurship on the risesurveys indicate that 1 in 12
Americans are starting a new businessNeubauer couldnt have picked
a better time to support Chicagos efforts in entrepreneurial
education and research.
Entrepreneurs are the single biggest factor contributing to the
dynamism of the economy, Neubauer told family members, faculty,
and colleagues who gathered at Gleacher Center in October to celebrate
the new chair. This entrepreneurial spirit has made the United
States economy the envy of the world.
University president Hugo Sonnenschein called Neubauer a founding
father of entrepreneurial studies at Chicago and said that other
donors have responded to Neubauers gift by endowing a second
chair in entrepreneurial studies, funding student scholarships
in entrepreneurship, and sponsoring the New Venture Challenge,
a business plan competition for students.
Steven N. Kaplan now holds the Neubauer chair, which is the first
named professorship at Chicago dedicated to the study of entrepreneurship.
A popular professor who has been at Chicago since 1988, Kaplan
has played a vital role in the schools growing entrepreneurship
program. Neubauer is a trustee of the University of Chicago, a
member of the Council on the GSB, and chairman of a newly formed
GSB entrepreneurship advisory board.M.M.B.
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Gifts Support Kilts Marketing Center
James M. Kilts, 74, president and CEO of Nabisco Inc., and the
Nabisco Foundation have announced their intention to contribute
$2 million to establish the James M. Kilts Center for Marketing.
I hope the center will extend and enrich the current marketing
curriculum, said Kilts, a member of the Council on the Graduate
School of Business. I want the GSB to remain one of the leaders
in both the fundamental science and the application.
Chicago has a long history of innovative marketing research. The
1993 Dominicks Project, in which marketing faculty worked with
the retail grocery chain to conduct live merchandising experiments,
resulted in new information on using scanner data in price and
promotions strategy. Current research by marketing faculty includes
new product introduction strategies, direct market response modeling,
the performance of private labels, couponing, and models of price.M.M.B.
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Erickson Wins Teaching Award
Assistant professor of accounting Merle Erickson received the
1999 American Taxation Association/ Arthur Andersen Teaching Inno-vation
in Tax Award. Erickson was recognized for three teaching cases
he developed for his Taxes and Business Strategy Course (B416).
The three corporate tax strategy cases relate to DuPonts repurchase
of $9 billion of its stock from Seagram, the WorldCom/ MCI merger,
and Quaker Oatss divestiture of Snapple. The honor comes with
a $2,500 prize.M.M.B.
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I.M.B.A. Program Adds Study Tour
International M.B.A. Program students now have two more opportunities
for hands-on experience overseas, thanks to a new travel-study
component added to the program.
Members of the I.M.B.A.class of 0159 students in allparticipated
in the programs inaugural trip, a 10-day global study tour of
Berlin and London. The late-summer tour included an international
business seminar course, company visits, and networking events.
In terms of really understanding a region, this was a great opportunity,
said Beth Bader, associate dean for international programs. It
was also very positive from the standpoint of career exploration,
and to have an opportunity to talk with people whose companies
we visited.
The idea for the tour came from faculty and administrators, who
recommended two cohorted international study tours on different
continents. First-year students will participate in the first
study tour between summer and fall quarters. Second-years will
participate in the planning and fundraising for a second, optional
trip to a second continent prior to the start of the fall quarter.
The I.M.B.A. program, now in its fifth year, provides training
in business fundamentals as well as in international culture and
society. It lasts one quarter longer than the traditional M.B.A.
program and requires proficiency in a second language and experience
working and studying abroad.M.M.B.
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First Singapore Director Named
Chia Hock Hwa was appointed director of the International Executive
M.B.A. Program in Singapore in September.
Hock Hwa, a native Singaporean, is no stranger to business educationor
to Chicago. He earned an M.B.A. from Curtin University in Australia
and a Ph.D. from Cranfield University in England and has taught
at Curtin, INSEAD, and New York Universitys Stern School of Business.
In the early 1980s, he participated in the GSBs executive development
program in Singapore. Hock Hwa also has held marketing and strategy
positions with Kao and Del Monte and served as president of the
Eastern Consulting Group-Asia Pacific, where he developed marketing
and strategy consulting services and training programs for multinational
firms.A.D.
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Robinson to Lead Diversity Affairs
Janis Robinson joined Chicago as director of the Office of Diversity
Affairs in August. Her efforts
include establishing mentoring relationships between prospective
and current students, organizing activities for incoming minority
students, and helping connect students with resources, individuals,
and groups as needed.
I want to make sure people have a good experience here, Robinson
said. Much of what I do is putting students together with resources
and with other people. I also serve as a conduit to the administration.
Before coming to Chicago, Robinson served as executive director
for the Alliance of Business Leaders and Entrepreneurs (ABLE),
an organization of African American business owners. Previously,
she worked at Citibank in human resources and marketing. She also
spent a year working on a $10 million capital campaign at Barnard
College at Columbia University, after receiving her B.A. in economics
and urban studies from the school. She received her M.B.A. from
Purdue Universitys Krannert School. Her husband, Craig, is a
1991 graduate of Chicagos evening program.M.M.B.
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Midway Club Opens in Downtown Chicago
Chicago alumni, including many club presidents who were in town
for an annual gathering, visited the new Midway Club for an opening
reception in late October. The private membership club, on the
fifth floor of Gleacher Center, is available exclusively to GSB
alumni and their guests. Amenities include a dining room that
overlooks the Chicago River, additional private dining rooms,
a lounge and bar (above), state-of-the-art video conference facilities
(right), a billiard room, a media room with big-screen TV, conference
rooms, a business center, and valet parking. For more information
or a membership brochure, call the alumni office at (773) 702-7727.C.N.
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Go West, Young M.B.A.
Chicago students who want to head west after graduation got a
chance to connect with West Coast companies and alumni at West
Quest, four days of networking and career events in the Bay Area.
More than 250 students participated in the four-day event in December.
Highlights included panel discussions, alumni speakers, site visits,
and a job fair held in conjunction with the University of California-Berkeleys
Haas School of Business. Gateway, bizbuyer.com, and Wells Fargo
were among the companies participating. The event was cosponsored
by Goldman Sachs, Siebel Systems, and Intel. Featured alumni speakers
included Robert V. Adams, 61, chairman of Documentum Inc.; Howard
Graham, 73, senior vice president of finance and administration
at Siebel Systems; Guy Nohra, 89, general partner of Alta Part-ners;
and John Van Dyke, 69, founder of Dakota Water Systems.
This is the largest West Coast trip ever conducted by the school.
The students, who paid their own expenses for the trip, are members
of the High-Tech Group, the Entrepreneurship and Venture Capital
Group, and the West Coast Group.M.M.B.
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