Haas NewsWire

John Doerr to Give 2005 Berkeley MBA Commencement Address

John Doerr, one of Silicon Valley's leading venture capitalists, will give the commencement address at the Berkeley MBA Commencement on Sunday, May 22, at 2:00 p.m.

Doerr, a partner at Kleiner Perkins Caufield & Byers since 1980, has played a key role in the creation of some of the biggest companies to come out of the high-tech industry including Compaq, Intuit, Macromedia, Netscape, Sun Microsystems, Amazon, and Symantec.

"John Doerr has had a distinguished career helping to fund and build companies that are now household names," says Dean Tom Campbell. " I am pleased and honored that such a leading and successful figure of the Silicon Valley’s technology and venture capital world will address our newly minted Berkeley MBA graduates as they prepare for their new careers."

Doerr was the founding CEO of Silicon Compilers. He currently serves on the boards of Intuit, Amazon, Sun Microsystems, and Google, among others. He holds a BS and MS in electrical engineering from Rice University and an MBA from the Harvard Business School.

Dan Himelstein Takes on Additional Duties as Assistant Vice Provost

Dan Himelstein, BS 83, executive director of the Haas Undergraduate Program, has been named assistant vice provost in the Academic Planning & Facilities Unit for UC Berkeley, effective January 1, 2005.

"Dan has been an excellent leader and advocate for the Undergraduate Program," says Andy Shogan, associate dean for instruction. "Having him take on this campus-wide role will be a boon for him and for the Haas School."

Vice Provost for Academic Planning & Facilities Catherine Koshland appointed Himelstein to this new part-time role focusing on campus-wide academic facility planning. He will reduce his teaching load but will continue to serve as executive director of the undergraduate program as he takes on his new duties on campus.

Welcome the New Dean at a Special Reception, Nov. 1

The Haas School community is invited to a special reception to welcome Acting Dean Richard Lyons on Tuesday, November 30, in the Bank of America Forum from 4:00 p.m. to 6:00 p.m.

Jan de Vries, vice provost for Academic Affairs & Faculty Welfare, will be on hand to welcome to Lyons in his new role. Light refreshments will be served.

Richard Lyons was appointed acting dean on Wednesday, November 24, to replace Dean Tom Campbell, who will go on leave to serve as director of finance for the state of California, starting December 1.

For more information on the acting dean, visit http://www.haas.berkeley.edu/news/20041124_acting_dean_named.html. Additional program-specific opportunities for Haas students to meet Lyons will be scheduled in the near future.

100% of Financial Engineering Students Placed in Internships

The Master's in Financial Engineering (MFE) program is enjoying 100% placement success this fall as every available student student has been hired by an investment bank, hedge fund, or other financial firm for a 10- to 12-week internship, over the MFE program's winter break.

All 57 students who pursued internships have been placed, according to Linda Kreitzman, MFE program director. With placement now complete, BARRA, a founding sponsor of the Berkeley MFE program, joins the roster of corporations hiring Haas MFE interns this year. Other firms include Barclays Capital, Barclays Global Investors, BNP Paribas, Citigroup Global Markets, Goldman Sachs, Morgan Stanley, Nicholas Applegate, and WR Hambrecht.

The internships pay an average of $5,500 a month. While at work, the students will not only put new-found knowledge into practice, but will give these financial firms an early look at job candidates who will be available upon completion of the program in March 2005.

California Management Review Special Issue Focuses on Social Responsibility

"Integrating Social Responsibility and Marketing Strategy," is the theme of the fall 2004 issue of the California Management Review that is now available.

Articles in the special issue include:

"Doing Better at Doing Good: When, Why, and How Consumers Respond to Corporate Social Initiatives," by C.B. Bhattacharya and Sankar Sen

"Managing Responsibility: What Can Be Learned from the Quality Movement?" by Sandra Waddock and Charles Bodwell

"Valuing the Cause Marketing Relationship," by John T. Gourville and V. Kasturi Rangan

"Social Alliances: Company/Nonprofit Collaboration," by Ida E. Berger, Peggy H. Cunningham, and Minette E. Drumwright

"Collaborating with Activists: How Starbucks Works with NGOs," by Paul A. Argenti

"Socially Responsible Pricing: Lessons from the Pricing of AIDS Drugs in Developing Countries," by Sushil Vachani and N. Craig Smith

Complimentary copies are available for all Haas School students in the student lounges and program offices.  Alumni can continue to receive CMR by subscribing at the greatly discounted student rate. Contact CMR at cmr@haas.berkeley.edu.

Alumni interested in receiving a complimentary issue of CMR should send an e-mail to cmr@haas.berkeley.edu. Alumni can receive a special CMR alumni subscription at the rate of only $40. The international alumni rate is only $60. To subscribe, send e-mail to cmr@haas.berkeley.edu with current address information.

Get Into the Season's Spirit: Haas Holiday Party Dec. 17

All faculty and staff members are invited to the Haas School's annual holiday party on Friday, December 17, from 3:00 to 5:00 p.m. in the Bank of America Forum.

The organizing committee is still working on the details of the event but so far it is considering games and contests to accompany the live entertainment and delicious food. Watch Haas NewsWire for more details closer to the event. In the meantime, for more information contact Susie Hanna at hanna@haas.berkeley.edu.

Year-end Flurry of Activities to Support Challenge for Charity Competition

The Challenge for Charity (C4C) team has assembled a list of holiday-season volunteer opportunities and fundraisers to help everyone get in the holiday spirit while also giving the Haas School a leg-up in the competition against five other business schools.

C4C is an annual a competition between the MBA students at the Haas School, Stanford, UCLA, UC Irvine, USC, and the University of Washington, to see which school can raise the most money and volunteer the most time for the Special Olympics.

• The second annual C4C Holiday Party on Friday, December 3, at the Great American Music Hall in San Francisco raises money for the Special Olympics. For more details on this event, contact volunteer organizer Marc Panzer, MBA 05, at panzer@haas.berkeley.edu.
• The Special Olympics Bowling Tournament on Saturday, December 4, at Diablo Lanes in Concord is one of the Special Olympics' biggest volunteer events. Contact C4C co-chair Rob Koerner, MBA 05, at koerner@haas.berkeley.edu to sign up.
• On an ongoing basis, the Special Olympics holds ice skating practice every Tuesday at Ice Land in Berkeley from 4:00 p.m. to 5:30 p.m. Contact Rob Koerner, MBA 05, at koerner@haas.berkeley.edu to volunteer.

For more information on C4C, visit http://groups.haas.berkeley.edu/c4c/.

New MBAA Officers to Take the Reins

After a year of dedicated service to their fellow students and the Haas School, the 2004 team of full-time MBA Association officers are handing over the reins to the new officers for 2005. The Haas School congratulates the new MBA Association officers for 2005.

President: Jerome Del Porto
Vice Presidents
Academics: Eva Ros
Admissions: Margaret Rhee
Alumni: Moh Palizi
Careers: Ronnie Chapman
Clubs: Tatiana Mendoza
Communications: Emily Harrold
Community Service: Marcy Lynn
Diversity: Fernando Lopez
Finance: Jen Huang
International: Ariel Sommer
Social: Tom Skapars
Technology: Jordan Breckenridge

Haas in the News

Henry Chesbrough, executive director of the Center for Open Innovation, was mentioned in the December 1 of Industry Week in an article titled "Technology Leader of the Year -- P&G's Secret: Innovating Innovation." For full text: http://www.industryweek.com/CurrentArticles/Asp/articles.asp?ArticleId=1711

Dean Tom Campbell was quoted in the Daily Cal in an article titled "Professional Students May Face Fee Hikes" on November 22. For full text: http://www.dailycal.org/article.php?id=17034

Campbell was featured in the San Jose Business Journal in an article titled "Campbell Finds Hole is Deeper" on November 21. The article was about California's budget deficit. For full text: http://msnbc.msn.com/id/6554991/

Benjamin Hermalin, the Willis Booth Professor of Banking and Finance, was quoted in the Contra Costa Times in an article titled "PeopleSoft Board Poised to Fight" on November 20. For full text: http://www.contracostatimes.com/mld/cctimes/news/10232013.htm

Peter Sealey, adjunct professor of marketing, was quoted in Bloomberg in an article titled "Oxeley Asks For Review of Real Estate Listings on the Internet" on November 19.

Janet Yellen, the Eugene E. and Catherine M. Trefethen Professor of Business Administration, who is currently on leave to serve as the San Francisco Federal Reserve Bank President, was quoted in Bloomberg in an article titled "Greenspan Says Foreigners May Curb Financing Deficit" on November 19. For full text: http://quote.bloomberg.com/apps/news?pid=10000006&sid=aC7mJ8mImkMI&refer=home

Yellen was quoted in the San Francisco Chronicle in an article titled "Home Sweet Home - Impossible?" on November 18. Yellen spoke on the issue of high housing costs in the Bay Area. For full text: http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2004/11/18/BUGV89T72Q1.DTL& type=business

Campbell was mentioned in the Los Angeles Times in an article titled "Lawmakers Warned on Fiscal Policy" on November 18. For full text: http://www.latimes.com/news/local/la-me-budget18nov18,1,3166449.story? coll=la-headlines-california

Campbell was mentioned in the Washington Post in an article titled "Germinator" on November 18. For full text: http://www.washingtonpost.com/wp-dyn/articles/A58832-2004Nov17.html

Yellen was mentioned in The Arizona Republic in an article called "Valley and State Business Briefs" on November 17. For full text: http://www.azcentral.com/arizonarepublic/business/articles/1117arizonabriefs17.html

Yellen was mentioned on CBS MarketWatch in an article titled "Moskow: Fed Rates Headed Higher" on November 16. For full text: http://cbs.marketwatch.com/news/story.asp? guid=%7B6BE03658-92E9-4293-9E42-7C1AB8C16C1A%7D&siteid=google&dist=google&dist=

The Haas School of Business was mentioned in the Taiwanese World Journal in an article titled "Taiwanese MBA Program Attracts Chinese Americans" on November 16. For full text: http://news.ncmonline.com/news/view_article.html?article_id=d30687cc19f24ba0d3806b7c9dfa20b1

Kenneth Rosen, chairman of the Fisher Center for Real Estate and Urban Economics, was quoted in the Real Estate News in an article titled "Job Growth, Higher Interest Rates Remain a Top Concern for Real Estate Industry" on November 15. Rosen presented a real estate forecast for different sectors in the economy and an outlook on interest rates. For full text: http://rismedia.com/index.php/article/articleview/8369/1/1/

Yellen was mentioned in the Chinese news agency, Xinhuanet, in an article titled "Greenspan Voices Spending Worries" on November 15. For full text: http://news.xinhuanet.com/english/2004-11/15/content_2219153.htm

Cynthia Kroll, a senior regional economist at the Fisher Center for Real Estate and Urban Economics, was quoted in the San Jose Business Journal in an article titled "Temp Hires Show Firms Still Uneasy" on November 14. For full text: http://msnbc.msn.com/id/6490731/

Campbell was mentioned in the LA Daily News in an article titled "Political Newcomer Still a Phenomenon" on November 13. For full text: http://www.dailynews.com/Stories/0,1413,200~20954~2533096,00.html

Campbell was briefly mentioned in the Oakland Tribune in an article titled "State Tax Revenue Rises" on November 13. For full text: http://www.oaklandtribune.com/Stories/0,1413,82~10834~2533351,00.html

Campbell was mentioned in the Fresno Bee in an article titled "Governor Returns to Reformers" on November 12. For full text: http://www.fresnobee.com/columnists/walters/story/9417166p-10325864c.html

Campbell was featured in the Sacramento Bee in an article titled "Editorial: Welcome, Tom Campbell" on November 11. For full text: http://www.sacbee.com/content/opinion/story/11385101p-12299461c.html

Haas Alumnus Paul Otellini, MBA 74, was mentioned in numerous articles on being named CEO-designate of Intel Corporation.

• On November 11, in the Inquirer, in an article titled "Intel board confirms Paul Otellini as CEO." For full text: http://www.theinquirer.net/?article=19618
• On November 11, in the Turkish Press, in an article titled "Intel names Paul Otellini CEO, Replacing Craig Barrett." For full text: http://www.turkishpress.com/news.asp?ID=33476
• On November 12, in The Gazette, in an article titled "Paul Otellini named Intel CEO." For full text: http://www.canada.com/montreal/montrealgazette/news/business/story.html? id=12aeb830-1ab2-4ff8-92aa-6461e67644ce

Happening at Haas

MOT LECTURE SERIES
"The Future Is Not What It Used To Be," by Jean Paul Jacob, Technology Evangelist, IBM
Wednesday, December 1
4:00 p.m. to 6:00 p.m.
Wells Fargo Room
Jean Paul Jacob is a leading innovator at IBM, where he has worked on new technologies since 1962. His interests include software engineering, artificial intelligence, multimedia and decision-support systems.

Seminars

BERKELEY REAL ESTATE SEMINAR
"Measuring Hold-up: Costs of Land Assembly" by Tsur Somerville, University of British Columbia with Yuming Fu, National University of Singapore and Dan McMillen, University of Illinois at Chicago
Monday, November 29
4:00 p.m. to 6:00 p.m.
Room C210
For more information, contact Thomas Randle at randle@haas.berkeley.edu.

ORGANIZATIONAL BEHAVIOR AND INDUSTRIAL RELATIONS SEMINAR
Elizabeth Mannix, Cornell University
Wednesday, December 1
4:00 p.m. to 5:30 p.m.
Room C220
For more information, contact Deborah Houy at houy@haas.berkeley.edu.

JOINT STANFORD-BERKELEY FINANCE SEMINAR
Greg Duffee (UC Berkeley) on "Term Structure Estimation Without Using Latent Factors" and Stefan Nagel (Stanford) on "Do Fluctuations in Wealth Generate Time-Varying Risk Aversion?  Micro-Evidence on Individuals' Asset Allocation"
Thursday, December 2
3:00 p.m. to 6:00 pm
Room 107 Littlefield, Stanford Graduate School of Business
For more information, contact June Wong at june@haas.berkeley.edu

INSTITUTIONAL ANALYSIS WORKSHOP
"The Measurement of Intellectual Influence" by Ignacio Palacios Huerta, Brown University
Thursday, December 2
4:00 p.m. to 6:00 p.m.
Room C325
For more information, contact Anita Stephens at stephens@haas.berkeley.edu.

OPERATIONS AND INFORMATION TECHNOLOGY MANAGEMENT SEMINAR
"Access Charge Policy, Capacity and Delay on the Internet" by Shiri Shneorson, Stanford University
Thursday, December 2
4:00 p.m.
Room C330
For more information, contact Alysia Nero at anero@haas.berkeley.edu.

SHANSBY MARKETING SEMINAR
"A Structural Demand Analysis for Wireless Services under Nonlinear Pricing Schemes" by Ragu Iyengar, Columbia University
Friday, December 3
4:00 p.m. to 5:30 p.m.
Room C250
For more information, contact Laura Gardner at Lgardner@haas.berkeley.edu.

BERKELEY REAL ESTATE SEMINAR
"Optimal Taxation of Real Property" by Saku Aura, University of Missouri
Monday, December 6
4:00 p.m. to 6:00 p.m.
Room C210
For more information, contact Thomas Randle at randle@haas.berkeley.edu.

ORGANIZATIONAL BEHAVIOR AND INDUSTRIAL RELATIONS SEMINAR
Trond Petersen, Haas School of Business
Wednesday, December 8
4:00 p.m. to 5:30 p.m.
Room C220
For more information, contact Deborah Houy at houy@haas.berkeley.edu.

INSTITUTIONAL ANALYSIS WORKSHOP
"Employment versus Contracting in Procurement: Theory and Evidence from US Cities" by Steve Tadelis, Stanford University
Thursday, December 9
4:00 p.m. to 6:00 p.m.
Room C325
For more information, contact Anita Stephens at stephens@haas.berkeley.edu.

FINANCE SEMINAR
"Distinguishing Bounded Rationality from Overconfidence in Financial Markets--Theory and Experimental Results" by Shimon Kogan, UC Berkeley
Thursday, December 9
4:10 p.m. to 5:40 p.m.
Room C210
For more information, contact June Wong at june@haas.berkeley.edu

SHANSBY MARKETING SEMINAR
"Location Choice of Supermarkets" by Yesim Orhun, University of California, Berkeley
Friday, December 10
4:00 p.m. to 5:30 p.m.
Room C250
For more information, contact Laura Gardner at Lgardner@haas.berkeley.edu.

FINANCE SEMINAR
"Expected Returns and the Business Cycle:  Heterogeneous Agents and Heterogeneous Goods" by Lars Lochstoer, UC Berkeley
Thursday, December 16
4:10 p.m. to 5:40 p.m.
Room TBA
For more information, contact June Wong at june@haas.berkeley.edu.