Haas NewsWire

Haas NewsWire, April 3, 2006

The Haas School Welcomes the Sixth Master’s in Financial Engineering Class

Master’s in Financial Engineering

Sixty-one high-caliber individuals have joined the class of 2007 in the Master's in Financial Engineering Program, which has entered its sixth year.   Classes for the new students began on March 20. 

One indicator of distinctiveness:  More than half the class's members already hold advanced degrees: 23% have a Ph.D. and 36% have a master's degrees. Their past employers count such firms as Lehman Brothers, Citigroup, JP Morgan Chase, IBM, and KPMG. Their professional experiences include finance (21%), engineering (15%), research and development (15%), information systems (11%), education (10%), and consulting (7%). Members of the class hail from 15 countries, including Australia, Iran, and Peru. Sixty-one high-caliber individuals have joined the class of 2007 in the Master's in Financial Engineering Program, which entered its sixth year when classes for the new students began on March 20. 

"We hear from our students that they choose the Haas School's MFE program not only for its academic strengths, but for its track record in career placements," says Linda Kreitzman, director of the MFE program. "As this year's students build on their already-strong quantitative and analytical abilities with financial economics, I look forward to helping place them in internships and professional positions as well." 

Over the year-long MFE program, students gain a comprehensive set of skills to master careers in arbitrage, hedging, futures and options pricing, portfolio management, trading, and dynamic investment strategies in bond, currency, options, and other financial markets. For more information on the MFE program, visit http://MFE.haas.berkeley.edu.

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Tickets Still Available for the UN/UC Berkeley “Bridging the Divide” Conference

How the Internet is expanding microfinance, how bicycles are being used to combat HIV/AIDS, and why Brazil and China have lessons to share on renewable energy are just a few of the topics to be addressed at the annual "Bridging the Divide" conference on technology and the developing world on Friday, April 7 and Saturday, April 8 at the Haas School of Business.

This year's conference marks the third year of the ongoing collaboration between UC Berkeley's Management of Technology program (MOT) and the United Nations Industrial Development Organization (UNIDO). The conference will focus on information technology, energy, public health, and the environment.

Keynote speakers include Dr. Junzo Kawakami, vice president and executive officer with Hitachi, Ltd. and president, worldwide R&D, Hitachi, Ltd.; Theogene Rudasingwa, former Rwandan ambassador to the US; and Carol Dahl, director of global health technologies and chief of staff for the global health program with the Bill and Melinda Gates Foundation.

The Bridging the Divide conference is organized at Berkeley by the Management of Technology Program, a joint graduate program of the Haas School of Business, the College of Engineering, and the School of Information. Sponsors for the program include Cisco Systems, Hewlett-Packard, Intel, Roche, Google, Johnson & Johnson, Chevron, Microsoft, Hitachi, IBM, NEC, Panasonic, and Flextronics.

For more information and to register, go to http://bridge.berkeley.edu.

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Berkeley MBA Programs Ranked in Latest US News Survey

The Berkeley Full-time MBA Program was ranked #7 among US MBA programs, and the Evening & Weekend Program was ranked #5, according to the 2007 US News & World Report's annual survey published on March 31, 2006.  The methodologies for the two rankings are different.
The Full-time Program ranking, which was tied with Columbia Business School's MBA program, was down from #6 last year, when Haas was tied with the Dartmouth (Tuck) MBA program.  The Evening & Weekend ranking was up from #6 last year.
The Berkeley-Columbia Executive MBA program was ranked #12, same as last year.

Both the part-time (Evening & Weekend) and executive MBA rankings are based purely on a perception poll of business school deans and MBA program directors at about 300 accredited US business schools.
In contrast, the Full-time MBA Program rating is based on the opinions of peer institutions and recruiters, as well as the extensive 2005 admissions and placement data of the schools surveyed. These factors were weighed as follows: 40% quality assessment by peer institutions and recruiters, 35% placement success, 25% student selectivity in admissions.
The Haas School also placed in the top ten of several specialty rankings that were also based solely on the assessment by deans and program directors.
#4 in nonprofit
#8 in finance
#8 in management
#9 in marketing
#9 in entrepreneurship
#10 in international
For more information on the graduate rankings, go to http://www.usnews.com (registration required).

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Professor Chatman’s Research on Gender Cited by the Aspen Institute

An article by Professor Jennifer Chatman examining how men and women react to the gender composition of project teams at work was recently selected by The Aspen Institute as notable research into gender related topics conducted at business schools.
Chatman's study, "Asymmetric Reactions to Work Group Sex Diversity Among Men and Women," (Academy of Management Journal, 2004) was among four articles cited by The Aspen Institute. The Aspen Institute is an international nonprofit organization that, together with the World Resources Council, publishes the biennial Beyond Grey Pinstripes ranking of business schools.
Chatman, the Paul J. Cortese Distinguished Professor of Management, and co-author Charles A. O'Reilly, Stanford University's Frank E. Buck Professor of Human Resources Management and Organizational Behavior, surveyed 189 professionals at a large clothing retailer with $5.8 billion in sales.
For more information, visit http://www.beyondgreypinstripes.org/pdf/womenreport.pdf.

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Nonprofit Leadership Dinner to Feature CEO of the James Irvine Foundation

James E. Canales, president and CEO of the James Irvine Foundation, will deliver a keynote address on "Impact, Innovation, and $400 Billion: Challenges and Opportunities for the Next Generation of Foundation Leaders," at the Eighth annual Haas Nonprofit and Public Management Student-Alumni Leadership Dinner, to be held Tuesday, April 11, at the Bancroft Hotel in Berkeley.

Canales oversees more than $1.5 billion in assets for the James Irvine Foundation, a private foundation dedicated to expanding opportunity for the people of California. His talk will review the inner workings of foundations and how they measure their impact. Canales will also share his views on how the nonprofit and philanthropic sector may evolve in the years ahead.

The event, which brings together students, alumni, and community leaders, is presented by the Haas School's Nonprofit and Public Management Program in conjunction with Net Impact and the Haas Alumni Relations Office. To register, go to http://www.acteva.com/booking.cfm?bevaid=106822.

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Memorial Fund Honoring Paul Rogers to Assist Young Entrepreneurs

The Haas School has established a memorial fund in honor of Paul Rogers, JD/MBA 88, who along with his wife, Julie Wycoff, was the victim of a fatal attack in late January of this year.

In its first year, a portion of the fund will be awarded as a scholarship to deserving junior high or high school students participating in the Young Entrepreneurs at Haas program (YEAH). Each year, the Lester Center for Entrepreneurship & Innovation plans to work with student leaders to identify an appropriate beneficiary of a grant from the fund each year.

The MBA Association, the Entrepreneurs Association, and the Lester Center for Entrepreneurship & Innovation worked together to create the Paul Rogers Memorial Fund. Rogers was a member of the Advisory Council of the UC Berkeley Entrepreneurs Forum and an instructor of the entrepreneurship course.

"Paul would have been so pleased at the positive impact this fund will have on deserving students who share his passions for learning and entrepreneurship," said Mark Coopersmith, MBA 86, president of brand strategy at Addis in Berkeley, who was to co-teach the entrepreneurship course with Rogers this spring. "Paul motivated all of us and led by example with his commitment to Haas, to his students, to his work, and in everything else he did, every day, to help entrepreneurs translate their visions into reality."

Donations to the fund can be sent to the Lester Center. Please indicate it is to go to the Paul Rogers Memorial Fund.

For more information on the fund, contact Stephanie Tibbetts at tibbetts@haas.berkeley.edu.

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Haas Energy Conservation Efforts Begin in Support of UC Regents’ Mandate

Conserving energy becomes a priority this month as the Haas School's energy use is being monitored and reported as part of a pilot program aimed at meeting a UC Regents mandate to reduce consumption system-wide.

To help the Haas School reduce energy consumption, all students, faculty, and staff are encouraged to:

+ Set monitors and laser printers on "power save" mode
+ Put appliances on a power strip and turn them off daily
+ Consider sharing a printer and fax machine among small offices
+ Wear a sweater and ditch your space heater
+ Use natural light instead of overhead lights, if you have a window
+ Turn off lights whenever you leave a room or cubicle

For more information on the university's energy conservation efforts, go to http://sustainability.berkeley.edu.

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Call for Nominations for Appel Entrepreneurship Award

The Haas School's Lester Center for Entrepreneurship & Innovation is currently soliciting nominations for the Gloria W. Appel Award for Outstanding Leadership in Entrepreneurship. 

The Appel Award is presented upon nomination by the Haas School community to a second-year MBA candidate who has made an extraordinary and lasting contribution to the entrepreneurship program at Haas. A $5,000 fellowship accompanies the award, which will be presented at the Lester Center's annual dinner in May.

Staff, students, and faculty are all welcome to submit candidates. E-mail nominations by April 14 to lester@haas.berkeley.edu or contact any member of the Lester Center staff in person or at 510-642-4255.

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New Staff

Molly Amble Kihanya Joins Part-time MBA Admissionsas Associate Director

Molly Amble Kihanya began work on February 27 as associate director of part-time MBA admissions, working with the admissions teams for both the Evening & Weekend and Berkeley-Columbia Executive MBA Programs. Kihanya previously worked as senior manager of training for Oracle Corporation. She holds a BA in marketing from Michigan State University and a master's of human resources and organization development from the University of San Francisco. She swims on a masters team and likes to mountain bike and play with her two children, ages three and five.

E-mail: mkihanya@haas.berkeley.edu
Phone: 510-643-9742
Office: S440E

Linda VonBraskat-Crowe to Assist with Gift Acknowledgement for Development

Linda VonBraskat-Crowe joined the Haas School's Development Office on March 13 as the gifts and acknowledgement coordinator. She will support the donor-stewardship director in processing and acknowledging gifts made to the school. VonBraskat-Crowe previously worked in a limited-term assignment at Haas as a database audit clerk, following 13 years with San Francisco School Volunteers in administrative support and as database manager. She holds an AA from the College of Alameda with a double major in fine arts and humanities. A science fiction fan, she assists in the management and running of a variety of Bay Area sci-fi and fantasy conventions with her daughter and son-in-law.

E-mail: linda@haas.berkeley.edu
Phone: 510-642-6853
Office: 2001 Addison

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Haas in the News

A study performed by Terrance Odean, professor in the Finance Group, and Brad Barber was mentioned in the April issue of Money magazine in an article titled "Men Women + Money Think you know what your spouse wants when it comes to money? Better read this." For full article: http://money.cnn.com/2006/03/10/pf/marriagemain_moneymag_0604/index.htm

The Haas School of Business was mentioned in an Oakland Tribune article on March 26 titled "Alameda students mimic urban planning." The Haas School was involved in the creation of the UrbanPlan program for high school students in 2001. For full article: http://www.insidebayarea.com/oaklandtribune/ci_3641646

The Haas School of Business was mentioned in a March 24 Financial Times article titled "Haas to develop executive programme for Statoil" about the Project Executive Program the Haas School's Center for Executive Development is creating for this Norwegian oil and gas company. For full text: http://news.ft.com/cms/s/5e737ffa-bb53-11da-8f51-0000779e2340,dwp_uuid=b29636b0-20ee-11d8-81c6-0820abe49a01.html

Dean Tom Campbell was quoted in a March 18 Mercury-Register article titled "Locals take aim at Electoral College" regarding efforts to change the Electoral College. The same article ran in the March 20 Oakland Tribune under the headline "Plan puts Electoral College in repose." For full article: http://www.insidebayarea.com/portlet/article/html/fragments/print_article.jsp?article=3620908

Plans for the renovation of UC Berkeley's Memorial Stadium were mentioned in a March 20 Contra Costa Times article titled "Cal's stadium plans draw mixed reaction." For full article: http://www.contracostatimes.com/mld/cctimes/sports/colleges/cal/14141586.htm

David Mowery, William A. and Betty H. Hasler Professor of New Enterprise Development, was mentioned in a March 17 TMCnet article titled "Debate on Public R&D Threatens Technology Transfer: UC Berkeley Haas School of Business Professor Weighs in on California Stem Cell Initiative, PublicPrivate Technology Transfer." For full article: http://www.tmcnet.com/usubmit/2006/03/17/1469604.htm

Vogel was mentioned in a March 16 TCS (Technology, Commerce, Society) Daily article titled "Speaking in Tongues," regarding corporate responsibility. For full article: http://www.tcsdaily.com/article.aspx?id=031606B

Peter Sealey, adjunct professor in the Haas Marketing Group, appeared in a CBS 5 news segment on March 16, regarding "Hike Stakes Games." For video segment: http://cbs5.com/30minutes/local_story_076024508.html

Severin Borenstein, the E.T. Grether Professor of Business Administration and Public Policy, was quoted in news outlets regarding oil mergers and gas prices:
+ March 20 in a Natural Gas Intelligence article titled " Lax Enforcement of Antitrust Laws Led to Highly Consolidated Industry, Witnesses Say."
+ March 15 Oil & Gas Journal article titled "Senate Judiciary leaders plan antitrust reform bill." For full article: http://ogj.pennnet.com/articles/article_display.cfm?Section=ONART&C=GenIn&ARTICLE_ID=250276&p=7
+ March 15 Pittsburgh Post Gazette article titled "Specter bill to target oil mergers." For full article: http://www.post-gazette.com/pg/06074/670375.stm
+ March 15 San Francisco Chronicle article titled "Senators fill up on mergers, gas prices and regulations/Oil executives, critics speak to committee on reasons fuel costs are high and rising." For full article: http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2006/03/15/MNG4QHO5TR1.DTL
+ March 15 in an Environment & Energy Daily article titled "Energy Policy; Specter connects the dots between oil mergers, pump prices."
+ March 15 in a Washington Post article titled "Big Oil Defends Industry Mergers in Hearing; Senators See Correlation Between Rising Prices and Concentration of Firms; Executives Deny It."
+ March 15 in a New York Times article titled "A Senate Panel Interrogates Wary Oil Executives."
+ March 15 in a Globe and Mail article titled "Oil companies resist calls to cede control; U.S. lawmakers debate restrictions.'
+ March 15 in a Wall Street Journal article titled "Oil-Firm Merger, Tactic Controls Appear to Advance in the Senate."
+ March 15 in an Oil Daily article titled "Oil Execs Defend Mergers to Wary Senate."
+ March 15 in an AFX Asia article titled "Oil CEOs say mergers not boosting energy prices."
+ March 14 ABC 7 segment titled "Are Oil Mergers Driving Up Gas Prices?" For full article: http://abclocal.go.com/kgo/story?section=business&id=3993495
+ March 14 ForexTV.com article titled "Oil CEOs say mergers not boosting energy prices." For full article: http://www.forextv.com/FT/AFX/ShowStory.jsp?seq=84612

John Morgan, professor in the Haas Economic Analysis and Policy Group, was mentioned in a Bytestart article titled "eBay business profits may lie in the price of shipping. For full article: http://www.bytestart.co.uk/content/24/24_3/ebay_shipping_charges.shtml

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Happening at Haas

Friday, April 7 and Saturday, April 8
500 scholars, practitioners, representatives from non-government organizations, policy-makers, and business leaders will be discussing innovative technologies and business models for healthcare, energy, and the environment in developing regions.
Special rate for students.
To register go to http://bridge.berkeley.edu.

Thursday, April 13
6:30 p.m. to 9:00 p.m.
Marines Memorial Hotel in San Francisco
Tickets are limited to ensure a high entrepreneur-to-student ratio, giving Berkeley MBA students the opportunity for richer dialog around the strategic, operational, and financial challenges that entrepreneurs face. Networking opportunities include breakout sessions organized around industry and business function, along with the chance to connect informally over appetizers and cocktails.
For more information, contact Gretchen Deknikker at deknikke@haas.berkeley.edu

Saturday, April 15
All Day
Haas School of Business
BNF06 will focus on where nanotechnology is being used today and explore promising future applications at an all-day forum on Saturday, April 15, at the Haas School of Business. The theme for this year’s forum is "Nanotechnology: Living up to the Promise." The keynote speakers will be Stan Williams, director of quantum research for Hewlett Packard Labs, and Matthew Nordan, president of Lux Research. Panel discussions for the day include Future Funding for Nanotechnology Innovation, Nano-Energy Applications, and Nano-Bio Applications. Attendees receive a continental breakfast, lunch, and a t-shirt.
Visit http://www.ocf.berkeley.edu/~nano/ for more information.

David Aaker, professor emeritus of marketing
Wednesday, April 19
12:30 p.m.
Wells Fargo Room
The entire Haas School community is invited to learn the latest thinking on building brands from one of the world's leading authorities on the subject, Haas School Marketing Professor Emeritus David Aaker, at a special lecture on, at 12:30 p.m. in the Wells Fargo Room. Aaker is the E.T. Grether Professor of Marketing and Public Policy Emeritus at the Haas School. He now serves as vice chairman of Prophet Brand Strategies, a San Francisco consulting firm founded on the basis of Aaker's brand principles by two of his former students, Scott Galloway and Ian Chaplin, both from the MBA class of 1992. The lecture is part of the David Aaker Distinguished Lecture Series in Marketing, which was launched in spring 2001.
Seats will be available on first-come, first-served basis.
For more information, contact Sarah Benson at benson@haas.berkeley.edu.

Friday, April 21
2:00 p.m.
Mark your calendars! Call up your personal trainers! Start eating better! Hone your trash talking skills! Join in the fun at the annual Haas faculty/staff vs. MBA students softball challenge. More details will follow soon. All talent levels accepted.
For more information, contact Gundars Strads at strads@haas.berkeley.edu .


Nydia MacGregor, Erika Henik
Wednesday, April 5
4:00 p.m. to 5:30 p.m.
Cheit Hall 330
For more information, contact Deborah Houy at houy@haas.berkeley.edu.

"Securities Auctions under Moral Hazard: Theory and Experiments" by John Morgan, Haas School of Business
Thursday, April 6
4:10 p.m. to 5:40 p.m.
Cheit Hall 220
For more information, contact June Wong at june@haas.berkeley.edu.

Make or Buy in Movies by Richard Gil, UCSB
Thursday, April 6
4:10 p.m. to 6:00 p.m.
Cheit Hall 325
For more information, contact Anita Stephens at stephens@haas.berkeley.edu.

"Neural antecedents of financial decision-making" by Brian Knutson, Stanford University
Friday, April 7
4:00 p.m. to 5:30 p.m.
Cheit Hall 250
For more information, contact Laura Gardner at lgardner@haas.berkeley.edu.

Andrew Hargadon, UC Davis
Wednesday, April 12
4:00 p.m. to 5:30 p.m.
Cheit Hall 330
For more information, contact Deborah Houy at houy@haas.berkeley.edu.

Clemens Sialm, University of Michigan
Thursday, April 13
4:10 p.m. to 5:40 p.m.
Cheit Hall 220
For more information, contact June Wong at june@haas.berkeley.edu.

Succession Rules and Leadership Rents by Stergios Skaperdas, UC Irvine
Thursday, April 13
4:10 p.m. to 6:00 p.m.
Cheit Hall 325
For more information, contact Anita Stephens at stephens@haas.berkeley.edu.

Martin Weitzman, Harvard University
Monday, April 17
4:00 p.m. to 6:00 p.m.
Room TBA
For more information, contact June Wong at june@haas.berkeley.edu.

The Limits of Equality: Insights from the Israeli Kibbutz by Ran Abramitzky, Stanford
Thursday, April 20
4:10 p.m. to 6:00 p.m.
Cheit Hall 325
For more information, contact Anita Stephens at stephens@haas.berkeley.edu.

Jordan Holzman, Haas School of Business
Friday, April 21
4:00 p.m. to 5:30 p.m.
Cheit Hall 250
For more information, contact Laura Gardner at lgardner@haas.berkeley.edu.

Alumni Events

Tuesday, April 4
6:30 p.m. to 8:30 p.m.
Sheraton Palo Alto, 625 El Camino Real, Palo Alto
The South Bay Haas Alumni Chapter invite you to a panel discussion with Haas professors Rich Lyons and Paul Tiffany. Lyons and Tiffany will discuss "Emerging Markets: The Opportunity, Risks, and Outlook."
To register, go to http://www.acteva.com/go/hansb.

Cross-Business School Happy Hour
Tuesday, April 4
6:00 p.m. to 9:00 p.m.
Julien Bar and Lounge, Langham Hotel, 250 Franklin Street, Boston
Join alums from Wharton, Sloan (MIT), INSEAD, IMD, Stanford, Stern, (NYU), Tuck (Dartmouth), SOM (Yale), London Business School, Johnson (Cornell), Fuqua (Duke), Harvard, and Columbia for the monthly Cross-Business School Happy Hour. It is a great way to meet and mingle with alumni from Haas and other business schools.
For more information, contact Karen O'Brien at karen_obrien@usa.net.

Eighth Annual Haas Nonprofit and Public Management Student-Alumni Leadership Dinner
Tuesday, April 11
6:00 p.m. to 9:00 p.m.
Bancroft Hotel, 2680 Bancroft Way, Berkeley
This event connects students, alumni and community leaders. The keynote speaker will be James E. Canales, President and CEO, The James Irvine Foundation. Hosted by the Nonprofit and Public Management Program in conjunction with Net Impact and the Alumni Relations Office at the Haas School of Business.
For more information, please contact Nora Silver at silver@haas.berkeley.edu or Simona Chin at sichin@haas.berkeley.edu.

ALL ALUMNI - All Alumni Reunion Conference
Saturday, April 29
9:30 a.m. to 5:30 p.m.
Haas School of Business, Andersen Auditorium
All Haas alumni are invited back to Haas for the All Alumni Reunion Conference. Join fellow alumni, Haas faculty and industry leaders for a day of discussions and presentations on "Future Trends in Business: A Look Behind The Headlines." The All Alumni Reunion Conference brings together a selection of outstanding faculty and alumni who will discuss the issues and concerns facing business leaders today. We will hear from Haas alumni working at Google, beloved faculty from your days in the classroom and new Haas superstars. The day will include the conference, lunch and a consumption function after the conference. Join us for a wonderful day back at Haas.
To register, go to www.haas.berkeley.edu/alumni/reunion.
For information, contact reunion@haas.berkeley.edu.

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