Ventures-header.jpg

Tepper School Introduces Two New Executive Education Programs

Earlier this year, the Tepper School added two new offerings to its portfolio of Executive Education programs. 

Women on the Rise: Leadership for Emerging Women — inspired by the successful Carnegie Mellon Leadership and Negotiation Academy for Executive Women — was created to help women advance on every rung of the career ladder and to exceed personal and organizational growth objectives. While the Leadership and Negotiation Academy addresses the unique challenges faced by today’s more senior women executives, the new Women on the Rise program provides diverse opportunities and course offerings for junior, senior and C-level women in business.

The Tepper School also recently announced the Advanced Analytics Certificate for Operations Optimization, a unique program stemming from a partnership with ORTEC Consulting, a 30-year specialist in business analytics. This hybrid on-site/online course focuses on implementation of analytics and optimization not just within industries, but within a company’s business plan. This program includes coaching and mentorship and was designed to benefit operations managers from a wide array of industry sectors.

 

 

Undergraduate Students Travel Across the United States for Case Competitions

This year, undergraduate students traveled across the country to compete in case competitions that tested the business acumen acquired in the classroom. These trips included a visit to Olin School of Business at the University of Washington, where business administration students Christopher Ruland, BSBA ’17; Courtney Wood, BSBA ’16; Amy Fan, BSBA ’18; and Misha Yu, BSBA ’18, created a business plan recommendation for a new microfinance bank in the United States.

Undergraduate students also traveled to Orlando, Florida for the National Black MBA Association’s inaugural Undergraduate Case Competition, where business administration students Tiffany Monthe-Siewe, BSBA ’16; Kamal Abdul-Razaq, BSBA ’16; and Adoalisa Anammah, BSBA ’16, won third place for their analysis of Uber Technologies’ business strategy.

 

 

Graduate Business Association Creates Culture Statement

The Tepper School Graduate Business Association (GBA) recently set out to define the Tepper community and its members — who they are, how they learn and how they can support one another. Following a survey, many meetings with their classmates, and consultations with faculty and administration, the graduate student organization created a Culture Statement that will serve as a list of guiding principles, outlining what makes the Tepper School’s community unique and what the visions and aspirations are for all of those who are a part of it.

Tepper School GBA Culture Statement:

  • We develop ourselves into analytically empowered leaders.
  • We learn collectively, from our professors and our peers.
  • We succeed with our classmates, not at their expense.
  • We embrace our diverse blend of people and perspectives.
  • We are respectful, down-to-earth and confident.
  • We foster a tight-knit community through collaboration, care and hard work.
 

 
rick-green

Tepper School Establishes Professorship Honoring Rick Green

The Tepper School, in collaboration with alumni, colleagues and friends, is establishing a professorship fund in honor of the late Rick Green, former senior associate dean of faculty and research, Richard M. and Margaret S. Cyert Chair, and professor of financial economics.

Green’s research, which covered an extensive range of topics and was published in several prestigious journals, created an enduring impact on the fields of corporate finance, personal finance and asset pricing. The Richard C. Green Professorship in Financial Economics will enable the Tepper School to attract and retain outstanding faculty members who can contribute to similar research, elevate the Tepper School academic programs and serve as mentors to students.

To inspire support of the fund, two of Green’s former students from the class of 1990 (who wish to remain anonymous) will match the first gifts, up to a total of $400,000.

 

 

Tepper Faculty Earn Top Honors at INFORMS Annual Meeting

In the fall of 2015, the Institute for Operations Research and the Management Sciences (INFORMS) Annual Meeting honored several Tepper School faculty members for their dedication to research and education in the field of operations management.

Gérard Cornuéjols, the IBM University Professor of Operations Research and newly elected member of the National Academy of Engineering, earned the Frederick W. Lanchester Prize from INFORMS. This award honors the best contributions to operations research and management science published in English. Cornuéjols and his co-authors, including Giacomo Zambelli, Ph.D. ’04, and Michele Conforti, Ph.D. ’83, were honored for their 2014 book, Integer Programming. Cornuéjols is only the third researcher to be awarded this highly selective prize more than once; he also won it in 1977.

Fatma Kilinç-Karzan, assistant professor of operations research, received the Optimization Society Prize for Young Researchers for her paper “On Minimal Valid Inequalities for Mixed Integer Conic Programs.”

Param vir Singh, Carnegie Bosch Junior Faculty Chair and associate professor of business technologies, was one of the three inaugural winners of the Sandra A. Slaughter Early Career Award, an award named in honor of the late Sandra Slaughter, a former Xerox Research Chair at the Tepper School and most recently on the faculty at Georgia Institute of Technology’s Scheller College of Business.

Sridhar Tayur, Ford Distinguished Research Chair and professor of operations management, received the Pierskalla Best Paper Award, a prestigious healthcare application award, for a paper he co-authored titled “OrganJet: Overcoming Geographical Disparities in Access to Deceased Donor Kidneys in the United States.”

 

Tepper School Students Compete in National Competition Inspired by Elon Musk

Several MBA students participated this year in the national SpaceX Hyperloop design competition. An idea developed by renowned entrepreneur and visionary Elon Musk for a high-speed ground transportation system turned into a competition among 100 universities to build the fastest, most efficient vehicle, or “pod.”

In order to fulfill Musk’s vision, the system would need to combine extremely low air pressure inside tubes spanning hundreds of miles, and pods filled with 20 to 30 people that can reach high enough speeds to float within the tube.

The pod designed by CMU’s Hyperloop team, which included approximately 60 engineering, design and business students at Carnegie Mellon, made it to the semifinal round of the Official SpaceX Hyperloop Pod Competition based on a document they submitted detailing aspects of their pod’s levitation, propulsion, structures, navigation, communication and safety. The team traveled to Texas A&M University in January to present their design to a panel of judges. In the fall of 2016 the team will travel to California to compete in the final round, where their pod will race on the Hyperloop test track being built by SpaceX.

Several Tepper School students have been working on the business, fundraising and marketing aspects of the project, including Derek Gregg, MBA ’18; Mike Hill, MBA ’16; Michael Hobeika, MBA ’16; Jean Lee, MBA ’16; Laine Mallet, MBA ’15; Kunal Parekh, MBA ’16; Ivan Pistsov, MBA ’17; Salil Rao, MBA ’17; Luke Rattay, MBA ’18; Sidharth Sahoo, MBA ’16; Vik Scoggins, MBA ’18; Richard Stavert, MBA ’17; Adrian West, MBA ’16; Eric Xu, BSBA ’18; and Ziheng Zhu, MBA ’16.

 

 

Undergraduate Business Administration Student Recognized Nationally for Athletic and Academic Success

This fall Sam Benger, BS ’18, was awarded the prestigious distinction of second team Academic All-America for Division III from the College Sports Information Directors of America. In the same semester, he was named to the second team of the annual Little All-America squad, an honor given to the top players in NCAA Division II, Division III and NAIA, and was recognized as Offensive Player of the Year in two separate conferences: the University Athletic Association and Presidents’ Athletic Conference.

In addition to running a record 2,092 yards and 22 touchdowns this past season for the Carnegie Mellon Tartans, Benger maintains high academic standards, carrying a 3.7 grade point average as a business administration sophomore.

Business and Technology Club and Entrepreneurship Groups Travel to Silicon Valley

Approximately 100 Tepper School of Business students from the Business and Technology Club and several entrepreneurship groups, including the Swartz Fellows, the Innovation Scholars and Tepper School MBA students, trekked to California’s Bay Area to meet with alumni and industry leaders, tour prominent companies and start their search for summer internships.

In addition to meeting with Tepper School alumnus James Swartz,  MSIA ’66 — who participated in a “fireside chat” with Dean Robert Dammon and Dave Mawhinney, MSIA ’90 and executive director of the Swartz Center for Entrepreneurship — the groups toured exciting technology companies including AT&T Foundry, Autodesk, Cisco, Docker, EMC, Emerald Therapeutics, Google, GoPro, Hewlett Packard, Highway1, IDEO, Intuit, Juniper Networks, MDV, Medallia, Modsy, Motiv, PayPal, Platfora, Prenav, Shutterfly, Technology Crossover Ventures, Thumbtack, Twitter, Y Combinator and Zirx.

Students were generously sponsored by alumnus Yoshiaki Fujimori, MSIA ’81, and his wife Jean Mou for a private reception where recent alumni shared their experiences of life in Silicon Valley. 

Most notably, students enjoyed a tour of VMware’s 140-acre campus, played with robotic toy cars at AnkiDrive and visited the headquarters for Accel Partners, a venture and growth equity firm founded by Swartz in 1983.

 

 

Srinivasan Presented with Prestigious Paul D. Converse Award

Kannan Srinivasan, H.J. Heinz II Professor of Management, Marketing and Information Systems, was recognized as the 19th recipient of the Paul D. Converse Award by the American Marketing Association in April 2016.

The prestigious Paul D. Converse Award, which is given only once every four years, was established in 1946 by the American Marketing Association to honor researchers who have contributed significantly to the theory of marketing and toward the advancement of science in marketing.

Srinivasan will receive this award with Steven Shugan, University of Florida; Robert Lusch, University of Arizona; and Ajay Kohli, Georgia Tech University.

 

First Online Hybrid MBA Graduates Attend Spring Diploma Ceremony

This spring, the first graduates in the Part-Time Online Hybrid MBA program joined their classmates at the school’s Diploma Ceremonies. A total of 25 students from this pioneering cohort walked across the stage in Soldiers & Sailors Memorial Hall to receive their diplomas. The graduates came from 15 metropolitan areas and brought to the program backgrounds ranging from engineering to finance, sales to government service, and law to medicine. During their time in the program, the students participated in 16 Access Weekends together at campuses in Silicon Valley, New York City and Pittsburgh.

“It has been wonderful to work with this group of bright, ambitious MBA students. They’ve performed extremely well and are headed off to great things,” said Robert Monroe, associate teaching professor of business technologies and director of the Online Hybrid MBA. “As the pioneer class for our Online Hybrid program format, these students have been instrumental in helping us build, refine and improve the program to the strong offering that it is today. Their positive attitudes, constructive feedback and enthusiasm for learning have been infectious and set the standard that subsequent classes have looked up to.”

The Online Hybrid MBA integrates online learning on a part-time basis with in-person Access Weekends, allowing students to complete a Tepper School MBA while living anywhere in the United States. The program is currently ranked No. 6 by U.S. News & World Report for online MBA programs in the United States and has a total enrollment of 115 students.

 

 

TEPPER SCHOOL UNDERGRADUATE STUDENT OVERSEES TEDXCMU

This past spring, 100 of the most innovative people from the Carnegie Mellon University and Pittsburgh came together for TEDxCMU, a national program designed by TED to help communities, organizations and individuals coordinate TED-like experiences.

TEDx events involve screenings of TED Talks videos and/or live presenters who foster intensive conversations and connect in true TED fashion, but at the local level. 

Nearly two years after Carnegie Mellon’s last iteration of TEDx, sophomore business administration major Arnav Tayal decided to revive the program in an attempt to foster innovation at the university. Tayal and his team built a list of speakers from diverse fields who fit their theme of “2+2=5,” which was chosen to allow different interpretations of Carnegie Mellon’s existing strengths and to create something new from the old through a process of regeneration. Christopher Olivola, assistant professor of marketing, was a featured speaker, along with students and faculty members from across the Carnegie Mellon campus community.

To bring the program back to campus, Tayal led a team of 13 students from across campus, including undergraduate economics student Domenico O. Barber and business administration students Yash Maheshwari and Jackie Singer. The team assisted with securing speakers, fundraising and event planning, and marketing the event online and on campus. The Tepper School is among the program’s sponsors.

 

PH.D. STUDENTS RECOGNIZED FOR CONTRIBUTIONS TO RESEARCH

Each year Tepper School Ph.D. candidates are recognized for their outstanding research in their respective fields of study. This year’s awards were presented at a spring reception at the Tepper School.

Dabeen Lee was awarded the Egon Balas Award for the Best Paper in Operations Research/Algorithms, Combinatorics and Optimization for his paper entitled “On the Chvatal Rank of Polytopes Contained in the 0,1 Hypercube.” Lee was chosen as winner of this award by a faculty committee headed by Willem-Jan van Hoeve, associate professor of operations research.

The Alexander Henderson Award for Excellence in Economic Theory was awarded to Cédric Ehouarne. Sevin Yeltekin, associate professor of economics, led the faculty committee that chose Ehouarne’s dissertation, “Cross-Sectional Phenomena and New Perspectives on Macro-Finance Puzzles,” for this award. Historically, four previous winners of this prestigious award have gone on to earn the Nobel Prize in Economic Sciences. 

The Gerald R. Salancik Doctoral Dissertation Award was presented to Jonathan Kush for his paper entitled “The Influence of Communication Networks and Turnover on TMS and Team Performance.” The faculty committee for this award was headed by Mark Fichman, associate professor of organizational behavior and theory.

Finally, Julian Givi earned the Dipankar and Sharmila Chakravarti Doctoral Fellowship Award, which is given in recognition of outstanding contributions to research in marketing. Givi was chosen as winner of this award by a faculty committee headed by Jeffrey Galak, associate professor of marketing.



 

Business and Technology Club Creates New Case Competition, Brings Top Schools to Campus

 

In the fall of 2015, the Business and Technology Club created a multi-school MBA student case competition designed to explore the application of business techniques to products in emerging technologies.

This inaugural Tepper Tech Innovation Challenge, created from a desire to collaborate with other leading tech-focused business schools, caught the attention of several leading institutions, ultimately bringing three tech-savvy schools to campus. In addition to the Tepper School team, competitors included the Yale University School of Management, the University of Virginia Darden School of Business and MIT’s Sloan School of Management.

The main event consisted of three challenges, each requiring teams to shape a product using human-computer interaction principles at the core of its functionality, and pitching their product to a management team of judges that included local sponsors and Carnegie Mellon University faculty members.

The team from the Yale School of Management won first place, with Darden earning the second-place spot.