MBA ニュース：シカゴ大学 ブース to Make Hong Kong’s Mount Davis Asia Executive MBA Hub

The University of Chicago Booth School of Business hopes to renovate Hong Kong’s historic Mount Davis site, once an artillery base, into a new intellectual hub to serve as home to the school’s Executive MBA Program in Asia.

“The center will allow us to engage even more effectively with the business and academic communities in Hong Kong,” Chicago Booth Dean Sunil Kumar said in a statement. “It will be a testament to our lasting commitment to educating leaders in the region.”

Originally a gun battery in the 1930s, Mount Davis became a mess hall and clubhouse for British officers after World War II and later a government detention center. Chicago Booth’s plans would involve adaptive reuse of some of the original structure and key architectural elements, such as fireplaces and arches, as proscribed by local conservation management guidelines. 

Building plans were submitted in January, and Town Planning approval is slated for June 2015. Pending approval and subsequent land grant execution, construction could start in August 2016, with occupancy anticipated for August 2018.

For more information see the Chicago Booth website

MBA@UNC: スタンフォード、ハーバード、シカゴ大学 ブース Stanford, Booth Harvard Highest 5-year ROI

unc_roiMBA@UNC, the online MBA program at the University of North Carolina’s Kenan-Flagler Business School, has created an in-depth infographic that shows the demonstrate the return on investment (ROI) of the MBA degree.

• Stanford Graduate School of Business topped the list, with a total five-year MBA gain of $99,700. At Stanford, graduates can expect to begin realizing ROI after 4.1 years. 
• The University of Chicago Booth School of Business came in second, with a five-year gain of $92,600 and graduates recouping their investment after 3.7 years. 
• Harvard Business School came in third, with a five-year gain of $79,600 and 4.0 years to pay back. Kenan-Flagler, for its part, ranked 11th on the list, providing a five-year gain of $67,100 and 3.7 years to pay back.

To determine ROI of the MBA degree, MBA@UNC compared total compensation in the first five years after graduation (salary, bonuses, exercised stock options) to the total cost of earning the degree (tuition, fees, two years of foregone earnings).

• 96 percent of MBA graduates rate the value of their degree as outstanding, excellent or good and would recommend a graduate management education to others, citing data from the Graduate Management Admissions Council. Three out of four of those surveyed by GMAC said they could not have obtained their current job without their degree.

For more information see MBA@UNC

Booth Boosts Entrepreneurship and Venture Capital

The Entrepreneurship and Venture Capital (EVC) at Group at University of Chicago Booth School of Business is pushing forward with entrepreneurship and venture capital opportunities through promoting conferences, guest speakers, recruiting sessions and experiential learning.

The group, one of the largest full-time student groups at Chicago Booth, seeks to educate student members about relevant career paths and connect them with professors and professionals in the EVC space. The student group also partners with Booth’s Michael P. Polsky Center for Entrepreneurship  to develop EVC-related programming, events and classes.

In the fall, the EVC Group hosts the University of Chicago Booth School of Business Entrepreneurship and Venture Capital Conference, or SeedCon, a two-day event featuring a fast-pitch competition as well as panels and keynotes by entrepreneurs and venture capitalists from Chicago and beyond. Each winter quarter the group helps put on the Venture Capital Investment Competition (VCIC) – to give students a chance to think and act like venture capitalists while identifying top students to represent Chicago Booth at regional and national intercollegiate competitions – and the Bay Area Entrepreneurship and Venture Capital Trek – a networking opportunity with the Silicon Valley Venture Capital community.

Next month, the group will host the finals of the annual National Venture Competition (NVC), one of the nation’s top business competitions. Organized by the Polsky Center for Entrepreneurship with support from the EVC Group, the NVC is a year-long process featuring two initial phases and a May finals event. Now it its 16th year, the NVC features traditional, global and social tracks and has awarded $750,000 and helped launch more than 65 companies.

Source: Chicago Booth EVC Website