Haas NewsWire

Haas NewsWire, June 23, 2003

Joint United Nations/Haas Conference on Technology and Developing Economies Planned for   Spring 2004
Four Haas Students to Receive Financial Women's Association Scholarships
Center for Executive Development Offers One-Day, Intensive Faculty Forums
Associate Dean Stowsky to Join Goldman School of Public Policy
Universum Survey Shows What MBA Students Expect From Work
Additional Faculty Honored Through the Cheit Teaching Awards
Faculty News
Haas in the News

Joint United Nations/Haas Conference on Technology and Developing Economies Planned for Spring 2004

The Haas School will host a joint United Nations/Haas Conference in early 2004, titled "United Nations/UC Berkeley Conference at Haas: Bridging the Divide -- Technology, Innovation and Learning in Developing Economies," which aims to bring technological solutions to problems in the developing world.

Organized under the auspices of the Management of Technology Program (MOT), the inaugural 4-day conference will be held at the Haas School. The MOT program is a joint effort between Haas, the College of Engineering, and the School of Information Management and Systems.

Experts from industry and academe as well as policy leaders from 30 to 40 countries are expected to assemble at Haas for this event. A contingent from the United Nations will also contribute to the conference.

"The expertise we can draw on here at Haas and across UC Berkeley, through the MOT program, meshes perfectly with the goals of this conference," says Andrew Isaacs, executive director of MOT. "The focus is to work on real solutions to the problems of the developing world."

A small team of Berkeley MBA students has been assisting Isaacs since last winter on preparations for the program, and beginning in September, a larger group of students will be recruited to participate in the organization, planning, and operation of the conference.

The tentative dates for the conference are Thursday, April 1, to Sunday, April 4, 2004. More information on the conference will be published in the Haas NewsWire as it becomes available.

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Four Haas Students to Receive Financial Women's Association Scholarships

Four Haas School students -- one undergraduate and three MBA students -- were among the seven students selected to receive scholarships from the Financial Women's Association (FWA) of San Francisco, a professional organization encouraging the advancement of women in the financial sector or finance careers.

The undergraduate recipient, Nancy Lin, will receive $5,000.The three MBA students -- Kirsten Armstrong, Julie Earne, and Tatyana Zhukovskaya will receive $10,000 each.

Lin is pursuing two Berkeley majors, business administration and economics, and plans to graduate in fall 2004.

Armstrong, an MBA/MPH (public health) candidate for fall 2004, is the former executive vice president and COO of a Bay Area medical device company and continues to be active in biotech and health-related clubs and activities.

Earne, also a MBA/MPH candidate for fall 2004, formerly worked in Uganda as the Africa regional finance and planning specialist for the Foundation for International Community Assistance, a microfinance organization.

Tatyana Zhukovskaya, a native Moscovite, who used to head the marketing group for the largest media company in Russia, plans to switch to a project finance/strategy career after graduating in spring 2004.

Students considered for the scholarships must show an interest or experience in finance; they are selected based on their leadership and communication skills as well as community involvement.

In addition to the financial award, scholarship recipients will receive a one year associate membership in FWA, which gives them access to workshops and networking events. They will also be honored at an FWA luncheon in August.

The Bay Area FWA, with its San Francisco and Peninsula/Silicon Valley chapters, is the oldest such association in the country and has provided a supportive network and mentoring opportunities for Bay Area women in the field since 1956.

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UC Center for Executive Development Offers One-Day, Intensive Faculty Forums

The Haas School's Center for Executive Development (CED) is rolling out a series of intensive, one-day Faculty Forums this summer geared toward executives looking to hone specific skills without making an extended time commitment.

The forums are designed to provide a highly interactive educational experience for executives in both core management disciplines and specialized topics. Enrollment in these programs is offered on a first-come, first-served basis.

This summer's forums include:

Innovation Management (July 15)
Leading Diversity (July 21)
Competing in the Global Economy (July 23)
Conflict and Negotiation (July 29)
Marketing Research for Executives (July 31)
Building Breakout Brands in a Tougher World (Aug 5)
Using Human Resource Data to Achieve Company Objectives (Aug 7)
Managing Crises in Corporate Responsibility (Aug 12)
How to Develop a Winning Business Plan (Sept 9)
Leadership Communication (Sept 16)
Corporate Financial Reporting (Sept 18)
21st Century Marketing (Sept 23)
Leading Change and Leveraging Culture (Sept 26)

For more information or to register, contact CED at 510-642-4735 or execdev@haas.berkeley.edu or (http://execdev.haas.berkeley.edu/).

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Associate Dean Stowsky to Join Goldman School of Public Policy

Jay Stowsky, associate dean for school affairs and initiatives, will be leaving Haas on July 1, 2003, to become the executive director of the UC Berkeley Project on Information Technology and Homeland Security (ITHS) at the Goldman School of Public Policy.

"Jay Stowsky has been an invaluable colleague, and his departure will be a great loss to me and to the Haas School," says Dean Tom Campbell. "In Jay's time here, he has clearly been willing to take on the tough challenges, with exceptional results. The Graduate School of Public Policy will be gaining a talented leader and an excellent scholar, and Jay's new role as executive director at ITHS is very well-deserved."

Over the five years that Stowsky served the Haas School he was instrumental in the creation, reorganization, and/or expansion of many administrative units at Haas including the Center for Executive Development, the Career Services Center, Haas Computing Services, the MBA Admissions Office, the Part-time MBA Admissions Office, the Student Advocate's Office, and Marketing and Communications Department.

Prior to coming to Haas in 1998, Stowsky served for two years as senior economist for science and technology on the staff of President Bill Clinton's Council of Economic Advisers (CEA) then chaired by Laura D'Andrea Tyson, who later served as dean of the Haas School. He also worked with UC President Richard Atkinson as director of research policy for the nine-campus UC system, and as chief of staff to Joseph Stiglitz when Stiglitz chaired the CEA.

In addition to his position at the Goldman School, Stowsky will continue to serve as a co-director of research at the Berkeley Roundtable on the International Economy (BRIE).

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Universum Survey Shows What MBA Students Expect From Work

A recent MBA student survey sheds light on career expectations after business school. Published by Universum Communications, an international research and management consulting firm, the survey asked 2,882 students at 39 US business schools about their career goals, salary expectations, and ideal employers in spring 2003. Here are the highlights of the survey, based on those who responded:

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Additional Faculty Honored Through the Cheit Teaching Awards

Each year, along with the winners of the Cheit Awards for Excellence in Teaching, some of the academic programs' students also choose to award an honorable mention to a faculty member, who distinguished his/herself in teaching to that program. This year's honorable mentions were not included in the original Haas NewsWire announcement of the Cheit Award winners.

For 2002-2003 the Haas Undergraduate Program recognized Stephen Etter and the Evening MBA program recognized Meghan Busse with honorable mentions.

The Cheit Awards, named after Dean Emeritus Earl F. (Budd) Cheit in 1982 on the initiative of the student body, were originally established in 1976 to recognize the school's most outstanding teacher in each degree program.

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Faculty News

Dean Campbell Speaks to Local and International Audiences

Dean Tom Campbell is frequently asked to share his thoughts on the economy and the current political events with alumni and with business organizations here in the Bay Area and abroad. His recent speaking engagements include:

James Wilcox Addressed State Assembly and Senate Committees on Effects of Federal Law

Professor James Wilcox addressed the State Assembly Committee on Banking and Finance and the State Senate's Banking, Commerce, and International Trade Committee on the topic of federal preemption during a joint May 21 hearing in Sacramento.

The session of the California Legislatures' two finance committees was prompted by several pieces of state and local legislation, including laws that affect financial privacy sharing, credit cards, and mortgage interest. These pieces of legislation have run into opposition from financial institutions and national bank regulators who say federal law preempts state and local law. Wilcox testified on the history and the on-going conflict between state and federal government and their respective roles in regulating financial institutions in the United States.

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Dwight Jaffee, the Willis Booth Professor of Banking, Finance, and Real Estate, was quoted in the New York Times on June 23 in an article titled, "Fannie Mae's Accounting Finds Critics of its Own." Jaffee commented on recent accounting issues that have arisen at Fannie Mae.

Pete Sealey, adjunct professor and co-director of the Center for Marketing and Technology, was quoted in the Los Angeles Times on June 20 in the article titled, "Disney Comes of Age With PG-13 Rating for 'Pirates'." Sealey commented that Disney is simply acknowledging the changing public tastes by making movies that get a stronger rating. Read the full article at (http://www.latimes.com/templates/misc/printstory.jsp?slug=la-fi- pirates20jun20001418§ion=/printstory).

Kenneth Rosen, the California State Professor of Real Estate and Urban Economics and chairman of the Fisher Center for Real Estate and Urban Economics, was quoted in the San Francisco Chronicle on June 20 in an article titled, "Job Market Dampens Home Prices." Rosen commented that the housing market is finally starting to reflect the economic situation in the Bay Area. Read the full text at (http://www.sfgate.com/cgi- bin/article.cgi?file=/chronicle/archive/2003/06/20/MN157918.DTL&type=printable).

Cynthia Kroll, senior regional economist at the Fisher Center For Real Estate and Urban Economics, was quoted in the Wall Street Journal on June 19 in an article titled, "Future Home Builders Look To 'Bank Land' Before It's Gone." Kroll commented on the expenses that may arise when buying isolated, undeveloped lots.

Rich Lyons, professor in Haas' Economic Analysis and Policy Group and Finance Group, was interviewed by National Public Radio's "The World" on June 13 for the "Who Knows" feature to explain the intricacies of exchange rates. The audio file can be found at (http://www.theworld.org/).

Brett Trueman, the Donald and Ruth Seiler Professor of Public Accounting, was quoted in the Oakland Tribune on June 13 in an article titled, "PeopleSoft Rejects Oracle's Buyout Bid." Trueman commented that the rejection was not surprising because the offer was below the current price of the stock.

Dean Tom Campbell was quoted in the Los Angeles Times on June 19 in an article titled, "Oracle Sweetens Bid for Reluctant PeopleSoft." Campbell commented on the market concentration and antitrust issues that would need to be addressed for the purchase to take place. Read the full article at (http://www.latimes.com/templates/misc/printstory.jsp?slug=la-fi-oracle19jun19§ion=/printstory).

The Haas School of Business was repeatedly mentioned in the Busness Review Weekly article, "The Best B-Schools" which was published on June 12.

Jenny Chatman, the Paul J. Cortese Distinguished Professor of Management, was quoted in the New York Times on May 24 in an article titled, "Love the Worker, Not the Union, a Store Says as Some Organize." Chatman commented that Whole Foods corporate identity is partially based on employees as empowered team members and that unionization challenges this identity. Read the full text (requires registration) at (http://www.nytimes.com/2003/05/24/business/24WHOL.html?pagewanted=print&position=).

Research into the affects of a single currency on trade by Andrew Rose, the Bernard T. Rocca Jr. Professor of International Trade, was cited in the Financial Times on June 10 in an article titled, "Pertinent Point Remains the Same: Joining Would not Aid Jobs or Growth."

Christopher Hennessy, assistant professor in the Haas Finance Group, was quoted in the Contra Costa Times on June 7 in an article titled, "PeopleSoft Now in Play as the Gloves Come Off." Hennessy advised holders of Peoplesoft stock to see wait transpired with the sale. Read the full text at (http://www.bayarea.com/mld/cctimes/business/6036060.htm?template=contentModules/printstory.jsp).

Ilse Evans, executive director for Career Services & Initiatives,commented in the San Francisco Chronicle on May 31 in the article titled, " Grads find creative ways to opt out of tight job market" that employers are hiring graduates with extensive previous experience in their field. Talia Scosler, MBA 03, who accepted a job at Merrill Lynch, noted that a career change was almost impossible this year. Read the full text at (http://www.sfgate.com/cgi- bin/article.cgi?file=/chronicle/archive/2003/05/31/MN254655.DTL).

Jason Daniel, MBA 03, was quoted in a June 10 article titled, "Traditional Jobs Beckon MBA. Class of 2003," published in College Journal, a publication of the Wall Street Journal. Daniel explained his decision to pursue a career in consumer marketing rather than consulting. Read the full text at (http://www.collegejournal.com/mbacenter/newstrends/20030610-needleman.html).

The New York Times published an article by Hal Varian, professor in the Operations and Information Technology Management Group and dean of the School of Information Management and Systems, titled, "Dealing with Deflation," on June 5. With registration, the full text is available at (http://www.nytimes.com/2003/06/05/business/05SCEN.html?pagewanted=print&position=).

Kenneth Rosen was quoted in the San Francisco Chronicle on June 1 in an article titled, "Capital Gains -- Affordable Prices Draw Home Buyers to the Sacramento Area." Rosen commented that Sacramento was becoming a true employment center, which is adding to home sales. Read the full text at (http://www.sfgate.com/cgi- bin/article.cgi?file=/chronicle/archive/2003/06/01/RE275703.DTL&type=printable).

Varian was quoted in the Economist on May 31 in an article titled, "Prime Clicking Time - Making Money Online." Varian is cited for helping Google set up its system of advertising auctions to determine the cost of ads on the site.

Bonnie Elgamil, MBA 03, and Abby Scott, director of Career Services, were quoted in the East Bay Business Times on May 26 in an article titled, "Job Market for New Grads Gets Tougher." Elgamil commented that Haas students were "a bit pickier" than most college graduates and were still finding good offers. Scott explained that more companies are coming later in the year to make hires, rather then coming in the fall like they had in the past. Read the full text at (http://eastbay.bizjournals.com/eastbay/stories/2003/05/26/smallb3.html?t=printable).

David Levine, professor in the Economic Analysis and Policy Group and the Organizational Behavior and Industrial Relations Group, appeared on KTVU news on May 22 to discuss the federal tax cut.

Severin Borenstein, the E.T. Grether Professor in Public Policy and Business Administration, was mentioned in the Contra Costa Times on May 23 in an article titled, "Educator to Speak on Energy Crisis." Read the full text at (http://www.bayarea.com/mld/cctimes/news/local/states/california/counties/alameda_county/

Borenstein did on air interviews with several radio and television stations in the past month.

David Levine was quoted on CBS Marketwatch on May 22 in an article titled, "The Great Bait and Switch." Levine commented that lowering the capital gains tax will only make those already prosperous more prosperous. Read the full text at (with registration) (http://cbs.marketwatch.com/news/story.asp?guid=%7B33FCDB36%2D79CD%2D4270

David Levine was quoted in the Miami Herald on May 20 in an article titled, "Flexibilty Concept Eliminates Desks, Personal Spcae." Levine commented on Sun Microsystems' flexible work site options. Read the full text at (http://www.miami.com/mld/miamiherald/business/5898876.htm).

Paul Rice, MBA 96, president & CEO of TransFair USA, appeared on PBS Television's Frontline on May 22 in a segment titled, "Bitter Grounds" in the coffee crisis and the impact of the fair trade coffee movement. To view the segment, visit (http://www.pbs.org/frontlineworld/stories/guatemala.mexico/).

State Treasurer Phil Angelides' speech at the Haas School of Business commencement was mention in the San Francisco Chronicle on May 24 in an article titled, "Commencement speakers: the best and the brightest." Read the full text at (http://www.sfgate.com/cgi- bin/article.cgi?file=/chronicle/archive/2003/05/24/BA268307.DTL&type=printable).

Mark Rubinstein, the Paul Stephens Professor of Applied Investment Analysis, was quoted in the San Francisco Chronicle on May 22 in an article titled, "Intel Prevails in Close Vote." Rubinstein applauded shareholder participation in company governance issues. Read the full text at (http://www.sfgate.com/cgi- bin/article.cgi?file=/chronicle/archive/2003/05/22/BU219854.DTL&type=printable).

Rubinstein was quoted in the San Francisco Chronicle on May 22 in an article titled, "No Clear Answers on Effects of Expensing Options." Rubinstein commented that expensing stock options will have minimal impact on a company's share prices. Read the full text at (http://www.sfgate.com/cgi- bin/article.cgi?file=/chronicle/archive/2003/05/22/BU221535.DTL&type=printable).

Paul Stames, assistant dean for executive learning, was quoted in the Financial Times on May 19 in an article titled, "Making Courses Measure Up," as part of the annual executive education rankings issue. Stames commented that the Center for Executvie Development is seeing increased demand for its programs in Latin America.

Sebastian Teunissen, executive director of the Clausen Center for International Business and Policy, was quoted in an article on MBA consulting programs in the April 2003 issue of Consulting Magazine.

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Join Haas alumni, including 2003 graduates and newly admitted students at one of the Haas School's Alumni Welcome Parties being held around the world this summer. If your business or personal travel takes you near to where one of these events is taking place, we'd welcome your participation. RSVP directly to the alumni contact prior to the event. For additional information, contact the Alumni Relations Office at 510-642-7790 or alumni@haas.berkeley.edu.

United States

June 24
6:00 p.m.
Contact: Tony Aquilina, MBA 97, ajaquilina@yahoo.com
Location: Davios Cambridge, 5 Cambridge Parkway, (http://www.davios.com/).

Portland, Oregon
Tuesday, July 15
6:30 p.m.
Bridgeport Brewery, 1313 NW Marshal Street, Portland.
RSVP to Greg Hoffman, MBA 00, greghoffman@alumni.haas.org

South Bay
Saturday, July 19
11:30 a.m. to 3:00 p.m.
Cuesta Park in Mountain View, 615 Cuesta Drive (Cross Street is Grant Road)
IMPORTANT: Although this is a free event, we need to know how many will attend for planning purposes. If you plan to attend, RSVP at (http://www.acteva.com/booking.cfm?bevaid=48124).
If you have questions, please contact Wayne Lefkowitz, MBA 95, at wlefkowitz@yahoo.com


São Paul, Brazil
Tuesday, July 15
8:00 p.m.
Malaysian, Rua Lourenço Marques, 237 (esquina com Rua Cardoso de Mello), Vila Olímpia
RSVP: Osmar Santos Jr., tel. 55-11-3398-8170, OCSANTOS@BKB.com.br

London, Great Britain
Monday, July 14
6:30 p.m.
One Aldwych (close to Covent Garden/Waterloo Station), London WC2B 4RH, tel. 0044 207 300 1000
RSVP to: Naard Broeckaert mobile: 0044 7900 825 764 or Naard.Broeckaert@gs.com

Paris, France
Monday July 7
8.30 p.m.
Café Beaubourg, next to Centre Pompidou Plaza, Paris.
Contact: Damien Dirringer, MBA 96, ddirring@cisco.com

Shanghai, China
Thursday, June 26
7:30pm to 10:00pm
Location: Amber, 184 Mao Ming Nan Lu (near Yong Jia Lu), Shanghai
Contact 1: Bill Shaw, MBA 02, w_shaw@mba.berkeley.edu, (86) 1381-736-9332
Contact 2: Mike Golden, MBA 02, Michael_Golden1@yahoo.com, (86) 1381-620-8435
Contact Address: #60, 1600 Ling Bai Road, Pudong New Area, Shanghai 201201 PRC

Taipei, Taiwan
Monday, June 30
7:30 p.m.
Wood Stone restaurant (9F, No. 98, Chung Hsiao East Road, Taipei, Taiwan. It is located at the 9F of "Bistro 98" building, across Chung Hsiao East Road of SOGO department store.)
Contact and RSVP: Benjamin Hsu, MBA 2002 (O)+886-2-23977235, (H)+886-2-2726-7205, email: tsungchin0128@yahoo.com.tw, or tchsu@trade.gov.tw

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