The Sociology of Poverty and What it Means for Business School Students

SPJain photo for Jan-Feb 2013 Progress Update blogSociology of poverty is the focused study of the ways poverty affects the behaviors, interactions and outlooks of different sects of people. This study of sociology makes an effort to reach the foundation causes of poverty.

Using a grant from the GMAC MET Fund, the S.P. Jain School of Management & Research was able to expand its required mentoring program that all students in management studies must complete. This course includes 24 visits over 12 months with a family of limited means to prepare socially sensitive leaders for tomorrow.

One of the students in the mentoring program wrote in his diary as follows: “Over the course of interactions with the family, I started questioning my own definition of poverty. Who is actually poor? Who has the right to define poverty? Does a family which drives in a car but lacks values and a sense of attachment and treats others with no respect deserves to be branded rich and content? A family which lacks the economic means but has the desire, the humane touch to help others and treat everyone equally has the right to live a happy life earned with hard work. It is the choices we make which define us. It is the desire in us to excel, to smile, to live happily which truly shapes our lives.”

I think this student is well on the road to meeting the course and school’s objectives to prepare the next generation of leaders. Visit S.P. Jain’s web page to learn about the most recent progress on their MET Fund i2i Challenge project.

Only one week left to VOTE for your favorite TeamMBA event!

The TeamMBA award will be announced and presented at GMAC’s Annual Conference in Vancouver, Canada on June 20, 2013. Last year, more than 30,000 votes were received from students, prospective students and school professionals worldwide. College of William & Mary  and  SP Jain Institute of Management & Research won the prestigious TeamMBA award in 2012.

TeamMBA Graphic 5 30 2013
This is a great opportunity for your school to be recognized and potentially awarded for giving back to the community. Pass on the word to VOTE to everyone you know and let’s let the world know how you and your students are changing the world by being in “The Business Of Giving Back”!

Good luck!

Visit New Disrupt or Be Disrupted Website and Pre-Order Your Copy

Book Cover FinalCome visit our new website for the soon-to-be-published GMAC book, Disrupt or Be Disrupted: A Blueprint for Change in Management Education where you will find lots of information about the book including chapter descriptions, full author bios, reviews, and more. You can also link directly to the publisher, Jossey/Bass Wiley, to pre-order a copy of the book in advance of its official publication on August 9, 2013.

And remember to mark your calendars for the following events where you will have a chance to hear directly from some of the Disrupt or Be Disrupted authors and celebrate the book’s official release:

June 19-21, 2013 | 2013 GMAC Annual Conference | Vancouver, British Columbia

  • June 20, 2013 @ 10:45 am
    Robert Rubin and Erich Dierdorff on “The Value of Graduate Management Education: Reclaiming Quality in our Programs”
  • June 20, 2013 @ 1:45 pm
    Michael Hay on “The Future of Business Education: Framing and Making Strategic Choices”
  • June 21, 2013 @ 9:00 am
    Sara Rynes-Weller on “Curriculum Matters: Toward More Holistic Graduate Management Education”

August 9-13, 2013 | 73rd Annual Meeting of the Academy of Management | Orlando, Florida

  • August 9, 2013 @ 5:00 pm
    Brooks Holtom, Erich Dierdorff, Sara Rynes-Weller, Kenneth Brown, Robert Rubin, Rakesh Khurana, and Lyman W. Porter on “The Future of Management Education”
  • August 9, 2013 @ 7:00 pm
    Wiley and GMAC reception to celebrate the release of Disrupt or Be Disrupted: A Blueprint for Change in Management Education

The New, Global Entrepreneur

VIP team at work

VIP team at work

The University of Waterloo has been running a successful new venture program, where entrepreneurs and people interested in starting or expanding their business can come for mentoring, help coming up with the next “big thing,” or just a space to work. The university even has its own venture fund to help support these fledging companies.

Using a grant from the GMAC MET Fund, Waterloo is working to create an online version of its successful in-house program, expanding the reach for prospective businesses, support, and funding, to a global audience. By observing how learning takes place in the classroom and how classes are being taught, the team developed building blocks that will be used throughout the VIP learning path. New templates are being created to help guide entrepreneurs through the questions that they need to be able to answer including market research, marketing and technical answers.

The first round of online investor presentations have been made, and the feedback is being gathered to use in improving the system. Other schools are encouraged to contact the Conrad Business, Entrepreneurship and Technology Centre at the University of Waterloo to learn how they can participate in this global initiative.

Voting for the 2013 TeamMBA Award Winners opens Today!

TeamMBA Graphic 5 30 2013Cast your vote for your favorite 2013 TeamMBA Events. The voting website locations can be found on gmac.com, mba.com and teammba.gmac.com and will remain open until June 14, 2013.

This award is announced and presented at GMAC’s Annual Conference  in Vancouver, Canada on June 20, 2013. Last year, more than 30,000 votes were received from students, prospective students and school professionals worldwide. This is a great opportunity for your school to be recognized and potentially awarded for giving back to the community. Pass on the word to everyone you know and let’s let the world know how you and your students are changing the world by being in “The Business Of Giving Back”!

Doctoral Studies for Minority Professionals

logo-4cThe PhD Project hosts and funds an invitation-only conference each November for minority professionals considering doctoral studies. Each year, approximately 400 potential students gather to learn more about business doctoral programs and have the opportunity to meet with representatives from over 100 doctoral granting institutions. The 2013 conference will take place in Chicago on November 20-22. Visit The PhD Project’s website to view a video with 2012 conference highlights, and to access an application for the 2013 annual conference, due September 30. Contact Zoila Jurado (zjurado@kpmg.com) for more information.

The MET Fund is a founding sponsor of The PhD Project, a program committed to increasing the number of minority business professors in the US.

Status Quo Not an Option: Authors Map Future Path for Graduate Business Schools

Book Cover FinalAttendees at Graduate Management Admission Council’s annual conference in Vancouver will get a sneak preview of the soon-to-be-published GMAC book, Disrupt or Be Disrupted: A Blueprint for Change in Management Education. Three of the book’s co-authors will address the current challenges facing graduate management education and discuss their recommendations for the future success of the industry during each of the Concurrent Sessions scheduled over two days of the conference.

During Concurrent Sessions I on Thursday morning, June 20, Erich Dierdorff and Robert Rubin, both  Associate Professors of Management at the Kellstadt Graduate School of Business at DePaul University, will present a comprehensive model for measuring academic quality in a session titled, “Reclaiming Control: Quality Measures in Graduate Management Education.” They will challenge schools to rethink and retool their own quality indicators in order to address the needs of all business school stakeholders.

During the Thursday afternoon Concurrent Sessions II, Michael Hay, Professor of Management Practice in Strategic and International Management and Entrepreneurship at London Business School, will address four major challenges that schools need to face in order to position themselves for the future, namely: globalization, technological and workplace changes, new business school models, and the “arms race for talent.” Marci Armstrong, Associate Dean of Graduate Programs at the Cox School of Business, Southern Methodist University, will moderate the session, titled “Key Questions Deans Consider When Making Strategic Choices.”

On Friday morning, June 21, during Concurrent Sessions IV, Sara Rynes-Weller, the John F. Murray Professor of Management and Organizations at Tippie College of Business, University of Iowa, will examine program content in her session titled “Curriculum Matters: Toward a More Holistic Graduate Management Education.” Daniel Poston, Assistant Dean of Master’s Programs at the Michael G. Foster School of Business, University of Washington, will moderate the session.

All three sessions are sponsored by GMAC’s Management Education Research Institute (MERI), which commissioned the book, scheduled for publication in August 2013 by Jossey Bass/Wiley.

These three authors also will be available at the Research Lounge for one-on-one chats with attendees during Annual Conference.

See our February 19 blog posting for the names and links to online biographies of all 20 contributing authors or visit our new web page on gmac.com, Disrupt or Be Disrupted: A Blueprint for Change in Management Education.

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