Haas NewsWire

Haas NewsWire, April 8, 2002

Top Ten Rankings for Berkeley MBA Programs in US News
National Social Venture Competition Announces 2002 Winners -- Nobel Laureate Commends Competition's Ideals
Haas Team Makes the Finals for the MBA Jungle Business Plan Challenge
The Gloves Come off at the Annual Rose/Lyons Debate
David Aaker to Lecture on Building Brands this Friday, April 12
Dupont VP to Address Sustainability at Third Annual Earth Day Lecture at Haas
New Staff
Haas in the News
Happening at Haas

Haas NewsWire Archive
Contact Haas NewsWire



US News & World Report ranked the full-time Berkeley MBA program #10 in the US; the Evening & Weekend MBA Program ranked #7 in the nation.

The ranking, which was published in the current (April 12) issue of US News, also held good news for the Haas School in terms of recruiter satisfaction and reputation among peer institutions. Deans and MBA directors at peer institutions ranked the Berkeley MBA #3 (tied with Chicago) recruiters ranked it #6 (tied with Duke).

The US News survey is based primarily on the opinions of peer institutions and recruiters and the 2001 admissions and placement data of the schools surveyed. These factors were weighed as follows: 25% peer institutions' assessment, 16% GMAT scores, 15% recruiter assessment, 14% mean starting salary and bonus, 14% placement rate three months after graduation, 7% at-graduation placement rates, 7.5% undergraduate GPA scores, and 1.25% the selectivity in admissions.

The Berkeley MBA tied with Harvard, Columbia, and Michigan for having the third highest number of top ten rankings in the "Specialty" categories. The "Specialty" and the part-time program rankings are based solely on the opinion of peer institutions. In the "Specialty" categories, the Berkeley MBA ranked as follows:

#5 in Nonprofit Organizations
#6 in Quantitative Analysis
#7 in Part-Time Programs
#9 in Marketing
#10 in Finance
#10 in General Management
#10 in International Business
#10 in Entrepreneurship

Last year, the Berkeley MBA had an overall ranking of #7 in the US News survey - the best ranking the school has ever achieved in this survey. The change in this year's ranking is largely due to the downturn in the economy, especially the technology sector, which typically employs one-third of our graduating students.

"The Class of 2001 went heavily into Financial Services, Consulting, and Technology, much like in previous classes. Jobs in technology and in small to medium size companies just took a little longer to find last year, which affected the numbers. Three months after graduation, 87% of the class had jobs," said Abby Scott, director of career services. "We worked with quite a few students over the summer, and the extra time allowed them to make better career decisions."

"At the same time," said Scott, "the improvements the Haas School has made in terms of recruiters' satisfaction are very encouraging."

The data for the rankings was collected from admissions and placement questionnaires completed by the schools themselves, a survey of schools assessing peer institutions, and a recruiter assessment of schools where they recruit.

More information on the US News rankings is available at http://www.usnews.com/usnews/edu/grad/rankings/mba/mbaindex.htm.

[top of page]

National Social Venture Competition Announces 2002 Winners -- Nobel Laureate Commends Competition's Ideals

Four winners emerged at the final judging round of the National Social Venture Competition held at the University of California, Berkeley's Haas School of Business on Saturday, April 6. Winners and finalists shared prizes totaling $100,000.

The competition, a partnership of the Haas School of Business, Columbia Business School, and The Goldman Sachs Foundation, is the only business school competition fostering the creation of businesses and nonprofit organizations that are profitable or financially sustainable and can demonstrate a quantifiable social return on investment.

"This national partnership is committed to bringing a new vision of business success to tomorrow's business leaders -- one that incorporates social well-being as well as economic returns -- seeking a blended criteria and measurement of return on investment," said Jerome Engel, executive director of the Haas School's Lester Center for Entrepreneurship & Innovation.

Nobel Laureate in economics Daniel McFadden, professor at UC Berkeley's Department of Economics, supported the concepts on which the competition is based in his keynote speech at the final awards ceremony. "I approve of what this social venture competition is trying to accomplish," McFadden said, "that it is a hard-headed approach to social and environmental concerns that respects the bottom line. It does not depend on the kindness of others, and it recognizes that more can be accomplished by joining social and environmental concerns with private enterprise than by casting business as the necessary enemy of social concerns."

The winners are:

Honorable mention and best all-MBA team went to Casas Sin Fronteras, which develops affordable housing solutions to low-income residents of Mexico (The Eller Graduate School of Management, University of Arizona, Tucson, AZ). Honorable mention for innovation in the SROI category went to Pachamama Coffee Cooperative of Small Scale Coffee Producers, a non-profit cooperative of small-scale coffee producers (University of California, Davis, CA).

Ten teams competed in Saturday's final round of judging. Each finalist team received $1,000-2,000 in travel money to attend the final competition in Berkeley, California.

The teams were judged by leading representatives from foundations, investors and venture capital firms, and academia who have been on the forefront of this quickly growing field of social entrepreneurship.

The 2002 competition attracted 77 business plan submissions -- a 140% increase from last year -- from 31 business schools across the US. The plans covered a broad spectrum of education, technology, health, community development, and environmental industries.

The competition began three years ago as a student-organized social venture competition at the University of California, Berkeley, Haas School of Business. It expanded its national scope in 2001 with new partners, Columbia Business School in New York and The Goldman Sachs Foundation, headquartered in New York, which has provided $1.5 million in funding for the competition.

Together, the three institutions are committed to building upon their respective networks of global business leaders, academics, venture capitalists and entrepreneurs to achieve their vision: the expansion of social entrepreneurship globally. A September 13, 2002, symposium titled "Redefining of Profit, Business, and Success," will be held on the Berkeley campus to advance the discussion of the trends, challenges, and successes in the field of social venture entrepreneurship.

For more information, visit the web site at http://www.socialvc.net or contact: frey@haas.berkeley.edu.

[top of page]


Adaptic Systems Inc., a team consisting Haas School and UC Berkeley student members, has advanced to the finals of the MBA Jungle Business Plan Challenge. The winner will take home $25,000 on Friday, April 26, at the finals at New York City's Tribeca Grand Hotel.

The team members are Matt Campbell, MBA 02, Michael Helmbrecht, Ph.D. 02, in electrical engineering and computer science, and Nathan Doble, Ph.D., currently in a postdoctoral position at the University of Rochester. Campbell explained that he met Helmbrecht at a Haas Entrepreneurs Association mixer with the College of Engineering a year ago, and has been working to establish the company ever since. Adaptic is a for-profit developer of next generation adaptive optics imaging technology for vision science and other advanced imaging applications. Adaptic's technology will provide a vital tool for researchers and clinicians in diagnosing and treating debilitating diseases.

"We are excited by the opportunity to compete at the finals of the MBA Jungle Business Plan competition," says Campbell. "We look forward to the exposure the competition will give us in launching our new venture and in providing the opportunity to win seed capital. We believe that despite the current economic conditions it is a great time to start a new business."

Eight other business schools are also represented in the finals: Harvard Business School, University of Washington Business School, the Wharton School at the University of Pennsylvania, the University of Cincinnati business school, the Anderson School at UCLA, Columbia Business School, the McCombs School at UT Austin, and University of Michigan Business School.

The finalists were selected from 53 semi-finalist teams, who in turn where chosen from the more than 225 entrants representing 86 business schools in North America, Europe, Russia, China, and India that entered the competition this year. A second Berkeley team, BioNetics, made it to the semifinals.

Forbes and Korn/Ferry International are the event's premier sponsors. Additional sponsors include the Financial Times and Dewar's. Venture capital judges include senior representatives from Draper Fisher Gotham, Prospect Street Ventures, Venrock Associates, Charles River Venture, Zero Stage Capital and The Galleon Group.

For more information on the competition visit http://www.mbajungle.com/businessplan/index.cfm.

[top of page]


Find out what happens when two of our distinguished faculty members take the gloves off at the annual Clausen Center for International Business & Policy debate with professors Rich Lyons and Andy Rose on April 26 at 4:10 p.m. in the Arthur Andersen Auditorium.

The Lyons/Rose debate on "Germany and Monetary Disunion: The Dormant Crisis" promises to reveal the flaws and fallacies in the arguments of both professors while keeping the audience entertained. Sebastian Teunissen, executive director of the Clausen Center for International Business & Policy, will moderate. Thirty minutes will be set aside for questions.

"Professor Rose is normally a sensible guy (really, he is)," says Lyons. "But on this issue his thinking is fuzzy. The word 'fuzzy' is about as charitable as I can be."

Taking the high road (for now), Rose commented, "Professor Lyons is a dynamic, sweet, charming person with a well-deserved reputation as an expert researcher and teacher of international finance. I trust his opinions in his area of expertise, absolutely."

Clausen Fellowships of $1,000 each will be awarded at the debate to up to five Haas undergraduate juniors, first-year full-time MBA, and first- or second-year Evening MBA students. For application guidelines, please visit: http://www.haas.berkeley.edu/HaasGlobal/clausenfellows.htm.

A consumption function organized by the Latin American Business Club will follow in the Bank of America forum.

[top of page]


Come hear the latest on building brands from one of the world's leading authorities on the subject -- Haas School Marketing Professor Emeritus David A. Aaker -- at a special lecture on Friday, April 12 at 4:00 p.m. in the Wells Fargo Room. The entire Haas community is invited. Seats are available on a first-come, first- served basis.

The lecture, entitled "Brand Building," is the third event in the David Aaker Distinguished Lecture Series in Marketing, which was launched in spring 2001. The series features an annual lecture by Aaker, who retired from active university service in 2000. The series also brings other distinguished speakers to campus to discuss marketing. The first outside speaker, Louis Stern, the John D. Gray Distinguished Professor of Marketing at the J.L. Kellogg Graduate School of Management of Northwestern University, spoke on 21st Century Marketing this past fall.

Aaker is the E.T. Grether Professor of Marketing and Public Policy Emeritus, as well as vice-chairman of Prophet Brand Strategies, a San Francisco consulting firm.

For more information on the lecture contact Sarah Benson at 510-642-2734 or via e-mail at benson@haas.berkeley.edu.

[top of page]


Paul V. Tebo, vice president of safety, health, and environment at DuPont, will give the third annual Haas Earth Day Lecture on Business and the Environment on April 18, 2002, from 5:00 p.m. to 6:45 p.m. in the Wells Fargo Room. Seating will be limited; please RSVP to reserve a seat by contacting Eric Strand at strand@haas.berkeley.edu.

"The reward for good environmental performance is that your earnings go up," said Tebo recently in The New York Times. This belief ties directly to the topic of his speech at Haas, "Sustainability as a Driver of Shareholder Value." Tebo will address why DuPont has adopted environmental excellence as a core business strategy and how it has reduced annual costs by almost $500 million.

Tebo has responsibility for integrating environmental policies throughout DuPont's global operations. He has championed DuPont's "The Goal Is '0'" approach to environmental stewardship, and helped shape DuPont's commitment to sustainable growth including the goal using 10% renewable energy sources within DuPont by 2010.

Tebo has over 32 years of professional and management experience in research, engineering, planning, telecommunications, and business. Prior to his current appointment in January 1993, he served as vice president and general manager for DuPont's global petrochemicals business unit. He received his BS in chemical engineering from Tufts University in 1965, and his Ph.D., also in chemical engineering, from Lehigh University in 1968. He is the 2000 recipient of the Tomorrow Magazine Environmental Leadership Award.

The Socially Responsible Business Leadership Initiative, Net Impact at Haas, and the Haas School of Business sponsored the event. For more information, contact Eric Strand at strand@haas.berkeley.edu.


New Annual Fund Director Joins the Haas Development Team

The Haas School is delighted to welcome Mecca Nelson as the new Director of the Annual Fund.

Nelson started her development career in 1992 after graduating from Harvard, where she served as associate director of development and west coast officer for the Harvard College Fund from 1992 until 1997. While there, she completed a $25 million capital project during Harvard's $2.1 billion University Campaign. She also served as director of development for the College of Letters and Science at UCLA from 1998 until 1999 and worked on the team that established the first philanthropic venture capital fund at UCLA. From 1999 until 2001 she worked in the private sector for two startup companies in the Los Angeles area before returning to the development field at UC Berkeley. Nelson most recently served as director of development for the Undergraduate Division at the College of Letters and Science at Cal. One of her major accomplishments was negotiating the renewal of a scholarship program at L&S to encourage underrepresented minority students to pursue Ph.D. studies in sciences.

When not working, Nelson loves music. "I have an eclectic collection of music that spans all genres and I enjoy listening to CDs while working," says Nelson. She is also a jazz singer; studied ballet, tap, and jazz; and enjoys salsa, West African and Afro-Brazilian dance. She enjoys snowshoeing, yoga, and travel. ("I get great ideas from "Bay Area Backroads!") She also promises to keep chocolate in her office, since she is a self-described chocoholic.

Nelson's office is S546. Her e-mail is mecca@haas.berkeley.edu and her phone number is 510-642-1224.

New Research Programmer/Database Developer Joins Computing Services

Alexander Karapetyan has joined Haas Computing Services as the new research programmer/database developer and lab build coordinator. He has over 10 years of software development and programming experience. He will provide coordination of development of HCS computing lab software and instructional support applications. He will also provide research support to faculty, Ph.D. candidates, and MFE students.

Karapetyan served as chief expert for the Office of the President of Russia in Moscow, where he devised a set of mathematical and statistical models of the post-USSR Russian economy. He also served as secretary of the Russian President's Council of Experts of Regional Strategic Development. In the US, he worked for 21FILM Corporation and Intel, and served as director of the Geographic Information Systems Division of the International Center for Development Policy in Washington, DC.

Karapetyan holds a Ph.D. in applied mathematics from the Russian Academy of Sciences in Moscow and a Master's Degree in applied mathematics and mathematical economy from Plekhanov University in Moscow.

In his free time, Karapetyan enjoys aviation, running, soccer, and hiking. For now Karapetyan's office is S300B. His e-mail is kraals@haas.berkeley.edu, and his phone number is 510-642-5182.

Project Manager for Applications Development Added to the Computing Services Team

Brian Shafer recently returned to the world of higher education, joining Haas Computing Services as a Project Manager for Applications Development. Shafer moved to the Bay Area from Los Angeles two years ago to work in the dot-com world. "I stayed after the crash because the Bay Area is so beautiful," says Shafer. "I'm an avid camper and hiker and I'm looking forward to exploring the North Coast."

Shafer previously managed computer services and developed application software for the College of Business Administration at Long Beach State (ten years) and the Marshall School of Business Administration at USC (two years). He also spent five years in private industry.

Shafer holds a BBA from Siena College in New York. He adds, "I'm a basketball enthusiast and I was delighted to see my alma mater make it into the men's NCAA playoffs even though they didn't get past the first round."

Shafer's office is S300C. His e-mail address is shafer@haas.berkeley.edu and his phone number is 510-643-3316.

[top of page]


Severin Borenstein, the E.T. Grether Professor in Public Policy and Business Administration, was interviewed on April 8 on KCBS radio on the Iraqi oil embargo.

The Social Venture Competition and this year's winner, Regale Corporation, were mentioned in an Associated Press article in the San Francisco Chronicle on April 7 titled, "Regale Corporation Takes First Prize in New Business Competition." Read the full text at http://www.sfgate.com/cgi-bin/article.cgi?file=/news/archive/2002/04/07/ financial1835EDT0056.DTL.

NBC3 ran a story on the National Social Venture Competition finals in its 11:00 p.m. news on April 6.

The Haas School's Social Venture Competition was featured in an Associated Press story on April 1 in the article, "Social Ventures Competition Enters Final Round With Eight Sustainable Business Plans."

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 extensively in the article, "Trouble at the Office: S.F. Downturn Deemed Deeper than Dip of 92" in the San Francisco Business Times issue of April 5.

Borenstein was interviewed on KGO radio on April 5 on oil prices and the possibility of a disruption of oil supplies.

The East Bay Business Times ran a story on the upcoming National Social Venture Competition finals held at the Haas School on April 5, 2002. Read the full story at http://eastbay.bizjournals.com/eastbay/stories/2002/04/08/story6.html.

Borestein was quoted in the San Francisco Chronicle on April 5 in an article titled, "A Year into Bankruptcy: Did PG&E Choose Wisely?" He said that whether it is good public policy or not, he thinks the bankruptcy judge is going to be more inclined to take smaller steps than going to something that could be a fairly major change. Read the article at http://www.sfgate.com/cgi-bin/article.cgi?file=/news/archive/2002/04/05/ financial0307EST0011.DTL.

Karen Goore, MBA 99, was featured in the March/April 2002 issue of the MBA Jungle in an article titled "Plum Positions in the Nonprofit Sector: Good Work." Goore said that she learned something that legions of other business-savvy professionals are discovering, too: The nonprofit world needs them. Read the full article at http://www.mbajungle.com/magazine.cfm?INC=inc_article.cfm&artid=2011& template=1.

[top of page]



[top of page]



[top of page]

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.

Archived issues of Haas NewsWire are available online at

To subscribe to Haas NewsWire, address e-mail to majordomo@haas.berkeley.edu; in the body of the message type "subscribe haasnewswire" in the first line, and "end" in the second line. To unsubscribe to HNW, type "unsubscribe haasnewswire" in the first line, and "end" in the second line.