Haas NewsWire

Haas NewsWire, February 7, 2005

Haas and Law School to Share New Building as Part of Stadium Renovation Project

Cronk Gate

The Haas School will soon begin planning and needs assessment for a new building, which will house both business and law school facilities. The building is the centerpiece for the Haas School’s new plan for excellence.

These building plans are part of a larger effort by the university to redesign the south-east section of the campus, including Memorial Stadium.

“The new facilities are a critical element in the Haas School’s vision of being among the very best business schools in the world,” said Dean (acting) Richard Lyons. “The planning of these facilities will go hand in hand with the school’s strategic planning for growth in the future.”

The joint venture with the School of Law, which is currently separated from the Haas School by a large parking lot, meshes with the business school’s emphasis on interdisciplinary research. Already, the two professional schools are partnering in the concurrent MBA/JD degree, the Berkeley Center for Law and Technology, and in faculty research collaborations.

The new building is expected to be completely donor financed. The present Haas School building, which opened in 1995 and cost $55 million to build, was also donor-financed.

While no plans or cost estimates have been drawn, the school expects the new facilities to include larger classrooms and accommodation for the school’s executive and MBA programs. Any dollar figures for the new building campaign that have been discussed in the media are premature.

Due to its recent expansion of faculty and programs, the Haas School is already at or above capacity for its 10-year-old mini-campus, creating immense pressure on the available classroom and office space.

Over the last three years, total student count has increased nearly 50% (from 1450 in 2001/02 to more than 2100 in 2004/05). The Haas Undergraduate Program has grown from 550 to 700 students to accommodate rising demographics and demand for the program. The school also expanded the Evening MBA Program by adding two Weekend MBA cohorts, and launched the new Master’s in Financial Engineering and Berkeley-Columbia Executive MBA programs.

Last Thursday (February 3, 2005), UC Berkeley Chancellor Robert J. Birgeneau announced the university’s plans for a new building campaign centered on the renovation and seismic upgrade of Memorial Stadium, located just east of the Haas School. The overall plans project a sweeping new vision for the south-east section of the campus aimed at better integrating athletic and academic aspects of campus life.

The university’s new building plans, commonly known as the South-East Quadrant Renaissance, involve three key components: the renovation of the stadium and expanded facilities for Intercollegiate Athletics, a new academic commons for the business and law schools, and a redesigned Piedmont/Gayley Road pedestrian plaza connecting the stadium to the academic commons building in one integrated design.

“Many Haas alumni are also dedicated Cal Athletics fans,” said Lyons. “This project will allow us to strengthen the school’s connection to those who are likely to invest in this south-east quadrant redesign.”

More information on the South-East Quadrant Renaissance is available at http://www.berkeley.edu/news/media/releases/2005/02/03_stadium.shtml.

Financial Engineering Innovator to Give MFE Commencement Address, March 18

Robert J. Shiller, the economist who predicted the burst of the stock market bubble in 2000 in his best-selling book, Irrational Exuberance, will deliver the commencement address to the Master’s in Financial Engineering Class of 2005 on Friday, March 18, at 10:00 a.m. in the Arthur Andersen Auditorium at the Haas School.

A Yale economics professor, Shiller is also known as an innovator in financial engineering. As co-founder of Case Shiller Weiss (now Fiserv CSW, Inc.), he co-pioneered a system of housing price indices, widely recognized as the most authoritative for tracking home price trends, and the “CASA” automated property valuation system that allows lenders and banks to inexpensively estimate home real estate values online. Another firm Shiller co-founded, Macro Securities Research, is working on a new financial instrument, described as a “Down-MACRO,” that will permit everyone from individual homeowners to institutional pension funds to purchase a hedge security protecting against equity decline.

“Financial engineering isn’t only for stocks and bonds,” says MFE executive director John O’Brien. “In his address, Professor Shiller will expand on his ideas on how the concepts of financial engineering and risk management can be used to enlarge the opportunities and strengthen the security with which individuals and nations face the future.”

Shiller is the Stanley B. Resor Professor of Economics for the Department of Economics and a professor at Cowles Foundation for Research in Economics, both at Yale University. He currently serves as vice president of the American Economic Association and is a research associate with the National Bureau of Economic Research. Shiller earned his BA from the University of Michigan in 1967 and his Ph.D. in economics from the Massachusetts Institute of Technology in 1972.

The MFE commencement is by invitation only. For more information, contact mfe@haas.berkeley.edu.

New Dean to Connect with Haas Community at Upcoming Events

All members of the Haas community are invited to the State of the School address by Acting Dean Rich Lyons on Wednesday, February 9, in the Bank of America Forum.

Dean Lyons will assess the current state of the Haas School and discuss his goals for the future twice on that day—at 12:45 p.m. and again at 7:30 p.m.—to allow as many students as possible to attend. His address will also be videotaped and made available on the Haas web site for members of the business school community.

For more information, contact Susie Hanna at hanna@haas.berkeley.edu.

International Week to Focus on Career Opportunities for International Students

The Career Center is going global this week with a slate of events aimed specifically at assisting international Berkeley MBA students with their searches for both summer internships and post-graduation jobs.

"Only half of our on-campus recruiters are open to hiring international students and since international students make up about a third of the MBA population, this program will target that group,” says Abby Scott, director of MBA Career Services. “During International Week, we are offering a variety of programs especially for our international students to help them with their career search both domestically and internationally."

The big event of the week is an international alumni panel discussion on Tuesday, February 8, from 6:00 p.m. to 7:00 p.m. This group of alumni, currently working in the San Francisco Bay Area, will share their experiences in finding both summer internships and full-time jobs in the US. The panel includes James Lin, MBA 04; Rodrigo Moreira, MBA 04; Kathy Poettcker, MBA 04; Pablo Seminario, MBA 04; and Amit Sinha, MBA 04.

A special two-part workshop, "Selling Yourself as an International Student," will focus on teaching students to market their skills and experiences with confidence. The first session will take place Wednesday, February 9, from 12:30 p.m. to 2:00 p.m. (The second session will follow on February 16.)

On Thursday, February 10, at 4:00 p.m., Career Services staff will hold an open forum for international students to meet with Career Services staff and discuss both the services that are currently being offered and services that the students would like to see added. This is a drop-in event; there is no need to sign-up.

The Career Services staff is continually working to expand opportunities for international students. "Account managers speak to companies regularly about the benefits of hiring someone with an international background to work in the US," says Sheri Lockshin, assistant director of MBA Career Services. "We also have relationships with international offices to help students wishing to return to their home countries or to find work abroad."

In the meantime major firms already coming Haas looking to recruit international students include Roche Diagnostics, Vodafone, Deutsche Post Worldnet, Lehman Brothers, Fidelity Investments, Johnson & Johnson, McKinsey & Co., Bain & Co. Brasil Telecom, Unibanco, Samsung, Deutsche Bank, Toshiba, and Boston Consulting Group.

All International Week events will take place in S489 with registration through CareerNet. For more information, contact Sheri Lockshin at lockshin@haas.berkeley.edu.

Entries Jump 50% in the UC Berkeley Business Plan Competition

Sixty-six teams met the February 1 deadline to submit their executive summaries to the seventh annual UC Berkeley Business Plan Competition – this marks a 50% increase in participation over last year.

This year's competitors submitted plans featuring medical devices, consumer and enterprise software solutions, and the commercialization of new energy, as well as ventures based on consumer products and professional services. The executive summaries will be judged by members of the entrepreneurial and venture capital community. Semi-finalists will be announced on Wednesday, February 16. Their complete business plans will be due on March 17.

The UC Berkeley Business Plan Competition is organized by Berkeley MBA students and hosted by the Lester Center for Entrepreneurship and Innovation in cooperation with the School of Information Management and Systems, UCSF Innovation Accelerator, and the College of Engineering. For a team to be eligible, at least one member must be a student, faculty member, staff member, or an alumnus either of the University of California, Berkeley, or the University of California, San Francisco.

Finalists will present their plans at a public event on Thursday, April 28 at the UC Berkeley Faculty Club. The event will also feature the announcement of this year’s winners and award of the $25,000 top prize. For more information on participation or sponsorship opportunities, visit http://bplan.berkeley.edu.

Teck Ho to Serve as Associate Dean for Academic Affairs

Professor Teck Ho has been named associate dean for academic affairs (ADAA) for a term that will run through the end of Fall Semester 2005.

To assist Ho with the myriad of duties required in this position, Professor John Quigley will take on half of the ADAA duties for spring semester, acting as the primary link to campus offices. Also, Professor Benjamin Hermalin has agreed to continue to head the faculty hiring committee for the remainder of the academic year. In the fall, a new faculty member will be named to assist with the ADAA workload.

"The Haas School is fortunate to have these dedicated and talented faculty members taking on leadership roles," says Acting Dean Richard Lyons. "We are much indebted to them."

Berkeley Entrepreneurs Forum Presents Corporate Spinouts as Venture Opportunities, Feb. 24

Finding business opportunities through internal innovations that don't mesh with current corporate strategies is the topic of the next Berkeley Entrepreneurs Forum, “Corporate Spinouts: An Emerging Source of New Venture Opportunity,” to be held Thursday, February 24, at the Haas School.

Two venture capitalists, Glenn Solomon, general partner with Partech International, and George Hoyem, managing partner with Blueprint Ventures, will discuss just how an entrepreneur gets a license from a company to develop such an incompatible technology and start a new company. Previous spinouts include MessageGate, an e-mail security system originally developed at Boeing, and Synopsys, a leading semiconductor design software firm that spun out of General Electric.

Joining Solomon and Hoyem will be Farshid Arman, director of Venture Technology at Siemens Technology-to-Business Center. Siemens has taken the opposite route from that of most corporations by looking for independent technologies that can benefit from a large corporate parent able to confer the value necessary to obtain a first round of venture financing.

Organized by the Lester Center for Entrepreneurship and Innovation, the forum begins at 6:30 p.m. with a networking hour in the Bank of America Forum. The presentation in the Arthur Andersen Auditorium will begin at 7:30 p.m. and will be followed by a question-and-answer session. The forum is open to the entire UC community and members of the public interested in entrepreneurship. To register for the February Berkeley Entrepreneurs Forum, visit http://entrepreneurship.berkeley.edu/forum.asp

Faculty News

Profs. Farrell, Shapiro, and Varian Analyze the Economics of Information Technology

A new book, The Economics of Information Technology, by Haas professors Carl Shapiro and Hal Varian and Department of Economics professor Joseph Farrell examines the important economic factors affecting information technology industries and the effect these factors have on competition policy.

The book is divided into two sections. In the first part, Varian outlines the basic economics of the information technology industries. In the second part, Farrell and Shapiro describe the impact of these factors on competition policy.

For more information on this book, visit the Cambridge University Press web site at http://www.cambridge.org/catalogue/catalogue.asp?isbn=0521844150#contributors#contributors.

McElhaney Speaks at Global Enterprise Conference in Tunisia

Kellie McElhaney, adjunct assistant professor and executive director of the Center for Responsible Business, was an invited speaker at the La Performance Globale De L'Entreprise Conference (Global Business Performance 2004) in Tunisia, December 2004.The conference was sponsored the University of Carthage. McElhaney gave a research presentation on Strategic Corporate Responsibility.

Staff News

Katharine Brewer Manages Core Programming for the Center for Responsible Business

Katharine Brewer manages day-to-day operations and all aspects of core programming for the Center for Responsible Business in her role as associate director. Brewer, who joined Haas on January 18, most recently served as a program officer for the Global Philanthropy Forum, a nonprofit donor education network based in San Francisco. Previously, she was operations and finance manager at Global Enterprise Solutions. Prior to that, she worked at The World Bank, Arco Alaska, and Whirlpool Europe. Brewer holds a BA from Syracuse University, a master’s in philosophy from the University of Cambridge in England, and an MBA from the University of Michigan Business School. She is an avid runner, amateur photographer, and, as she declares every Bostonian should be, a die-hard Red Sox fan.

E-mail: kbrewer@haas.berkeley.edu
Phone: 510-642-5581
Room: F414

Alumni Relations Assistant Brings Experience in Events and Accounting

Sue Clifton joined Haas on January 28 as an assistant in Alumni Relations. Clifton will work with Tenny Frost and Kristen Williams in the coordination of alumni events. Previously, Clifton provided administrative support to executives in the San Francisco office of KPMG and as an assistant to a San Francisco-based corporate event planner. Clifton holds a BA in sociology from UC Berkeley and enjoys the Bay Area’s many restaurants and hiking opportunities.

E-mail: clifton@haas.berkeley.edu
Phone: 510-642-7790
Room: S520

Kristen Cully to Focus on Alumni Events and Outreach

As the new assistant director of alumni relations, Kristen Cully is likely to become a familiar face as she supports the Haas Alumni Network through events management, outreach, and communication. Prior to joining Haas on January 24, Cully worked in alumni relations at the College of Engineering. She also has a background in volunteer management for San Francisco’s Ansel Adams Center and Asian Art Museum, has done web management for a top California construction company, and worked as a teacher. She holds a BA in art history and history from the University of California, Santa Cruz, and an MFA in digital media from San Jose State University. She continues to make art in her free time and like to travel, hike, and ski.

E-mail: kcully@haas.berkeley.edu
Phone: 510-643-7442
Room: S520

Yen Tran to Provide Student Services to BCEMBA

New program assistant Yen Tran joined the Berkeley-Columbia Executive MBA Program on January 31. Tran will provide services and support to the program’s students and faculty, manage vendor contracts and relationships, and plan special events, field studies, lecture, and colloquia. She worked most recently as an assistant in the audio/visual department of the College of Environmental Design. Tran graduated from Cal with a degree in development studies, focusing on the political and economic development of third world countries, specifically Asia. She is a Cal Bears fan and a self-described “gym junkie that loves chocolate.”

E-mail: yentran@haas.berkeley.edu
Phone: 510-642-0307
Room: S440

Haas in the News

Research by John Morgan, professor in the Economic Analysis and Policy Group, was mentioned in the New York Times in an article titled “Price-Comparison Sites Do the Legwork” on February 3. For full text: http://www.nytimes.com/2005/02/03/technology/circuits/03shop.html (subscription required)

Peter Sealey, adjunct professor of marketing, was quoted in the Los Angeles Daily News in an article titled “Discounter Unafraid of Self-Competition” on February 3. Sealey commented on Target's corporate strategy. For full text: http://www.dailynews.com/Stories/0,1413,200~20950~2688737,00.html

Sealey was quoted in the San Francisco Chronicle on February 3 in an article titled “Stockholders in the Pink: Google Consistently Defies Naysayers, Soaring Ever Higher." Sealey commented on the risks of investing in Google stock. For full text: http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2005/02/03/BUG0OB4JF81.DTL

Terrance Odean, associate professor in the Finance Group, appeared on both KPIX Channel 5 and KGO Channel 7 on February 2. He commented on President Bush's State of the Union address.

Odean was mentioned in the Baltimore Sun in an article titled “Social Insecurity” on January 31. Odean’s article on behavioral patterns and investments was mentioned. For full text: http://www.baltimoresun.com/business/bal-bz.social23jan23,1,3434350.story?coll=bal-business-headlines

Tulin Erdem, E.T. Grether Professor of Business Administration and Marketing, was quoted in the Oakland Tribune in an article titled “Changing a Name Takes More than Just Swapping the Letters” on January 30. Erdem commented on the challenges Cal State Hayward officials may face as a result of changing the name of the school to Cal State East Bay. For full text: http://www.insidebayarea.com/oaklandtribune/ci_2545553

Alex Mandl, MBA 69, CEO of Gemplus International, was quoted in a variety of articles
as one of the participants at the World Economic Forum in Davos, Switzerland.

Severin Borenstein, E.T. Grether Professor in Public Policy and Business Administration, discussed gasoline prices on KCBS radio on January 24.

Happening at Haas

UC Business Plan Competition Workshop
Intellectual Property for Startups
Monday, February 7
6:00 p.m. to 8:00 p.m.
Wells Fargo Room
For more information, visit http://bplan.berkeley.edu/.

State of the School Address
Acting Dean Rich Lyons will discuss the current state of the Haas School and his goals for the future. All members of the Haas community are invited.
Wednesday, February 9
There will be two sessions, first at 12:45 p.m. and then again at 7:30 p.m.
Bank of America Forum
For more information, contact Susie Hanna at hanna@haas.berkeley.edu.

Berkeley Entrepreneurs Forum
“Corporate Spinouts: An Emerging Source of New Venture Opportunity” featuring Glen Solomon, General Partner, Partech International, George Hoyem, Managing Partner, Blueprint Ventures and Farshid Arman, Director of Venture Technology, Siemens Technology-to-Business Center
Thursday, February 24
6:30 p.m. to 8:30 p.m.
Arthur Andersen Auditorium
For more information, visit http://entrepreneurship.berkeley.edu/feb05.asp.

Asia Business Conference
" Asia's Global Leadership: Catch IT if You Can"
Saturday, February 26
9:00 a.m. to 5:00 p.m.
Haas School of Business
For more information, visit www.berkeleyabc.org.

Women in Leadership Conference
"Reflecting Forward"
Saturday, March 5
8:00 a.m. to 5:00 p.m.
Haas School of Business
For more information, visit http://www.wilconference.org/2004-5/.


“Fair Pricing” by Julio Rotemberg, Harvard Business School
Wednesday, February 9
2:00 p.m. to 3:30 p.m.
For more information, visit http://faculty.haas.berkeley.edu/marko/EAPSeminar2005.htm.

"From bounded to epistemic rationality: Toward a theory of rational discovery" by Anna Grandori, University Bucconi, Italy
Wednesday, February 9
4:00 p.m. to 5:30 p.m.
For more information contact, Deborah Houy at houy@haas.berkeley.edu.

"The Demand for Coordination" by Tano Santos, Columbia University
Thursday, February 10
3:00 p.m. to 4:00 p.m.
For more information, contact Anita Stephens at stephens@haas.berkeley.edu.

" Mortal Prudence: Making Decisions with a Risk of Death" by Ron Howard, Stanford University Management and Engineering
Friday, February 11
4:00 p.m. to 5:30 p.m.
For more information, contact Laura Gardner at Lgardner@haas.berkeley.edu.

“State Regulation and Industry Consolidation in the U.S. Banking Industry, 1896-2001” by Christopher Marquis, University of Michigan
Monday, February 14
4:00 p.m. to 5:30 p.m.
For more information, contact Deborah Houy at houy@haas.berkeley.edu.

“A New Look at Racial Profiling: Evidence from the Boston Police Department” by Kate Antonovics, University of California, San Diego
Wednesday, February 16
2:00 p.m. to 3:30 p.m.
For more information, visit http://faculty.haas.berkeley.edu/marko/EAPSeminar2005.htm.

Ph.D. candidates Vinit Desai, Nydia MacGregor, and Michael Haselhuhn
Wednesday, February 16
4:00 p.m. to 5:30 p.m.
For more information contact, Deborah Houy at houy@haas.berkeley.edu.

“Do Enhancements to Loyalty Programs Affect Demand? The Impact of International Frequent Flyer Program Partnerships on Domestic Airline Demand” by Mara Lederman, University of Toronto
Thursday, February 17
3:00 p.m. to 4:00 p.m.
For more information, contact Anita Stephens at stephens@haas.berkeley.edu.

TBA by Eduardo Schwartz, University of California, Los Angeles
Thursday, February 17
4:10 p.m. to 5:40 p.m.
For more information, contact June Wong at june@haas.berkeley.edu.

“Networks and Knowledge Transfer: The Transfer Problem is Revisited” by Ray Reagans, Columbia University
Thursday, February 17
4:00 p.m. to 5:30 p.m.
For more information contact, Deborah Houy at houy@haas.berkeley.edu.

Mark D’Esposito, University of California, Berkeley Psychology
Friday, February 18
4:00 p.m. to 5:30 p.m.
For more information, contact Laura Gardner at Lgardner@haas.berkeley.edu.

Alumni Events

US-Russia Technology Symposium
Wednesday, February 16
5:30 p.m. to 8:30 p.m.
Russian Consulate, 2790 Green Street, San Francisco
Cost: $30/person
Featuring a special presentation by Pitch Johnson, Founding Partner of Asset Management, a leading venture capital firm in Silicon Valley. All presentations will be in English. For more information and to register, visit www.clumba.com/news.asp?ob_no=3961.

Sixth Annual Haas Alumni Network Celebration in Silicon Valley
Wednesday, February 23
6:00 p.m. to 8:00 p.m.
Menlo Circus Club, 190 Park Lane, Atherton
Register online at www.acteva.com/go/haasalumni.
Cost: $15/person for alumni and guests, free for students.
For more information, contact Haas Alumni Relations at alumni@haas.berkeley.edu.

The Haas NewsWire is the electronic news weekly for the Haas community published every Monday by the Marketing and Communications Office at the Haas School. Send your news, feedback, and suggestions to haasnews@haas.berkeley.edu .

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