Haas NewsWire, August 22, 2005
$25 Million Gift for Haas School Executive Education Building Makes National Headlines
News of the anonymous donation of $25 million for a new executive education building for the Haas School traveled across the US and as far as Germany last week, following the announcement by UC Berkeley Chancellor Birgenau on August 10.
The proposed facility will create needed space for teaching and on-site accommodations for executives attending Haas School programs, thanks to the donation from a Haas School alumnus who wishes to remain anonymous at this time.
News media reporting on the new $25 million gift included The New York Times.com, the Washington Post, Forbes Magazine, the Associated Press National Wire, NPR, CNN, the San Francisco Chronicle, the San Jose Mercury News, the Contra Costa Times, the East Bay Business Times, the San Francisco Business Times, Newsday, the Sacramento Bee, the Oakland Tribune, and the German newspaper Handelsblatt.
The gift will be used toward a new teaching and short-term housing facility that is part of a strategy to expand the programs of the school’s Center for Executive Development. CED provides senior business executives from around the world with leading-edge, non-degree management education. The increased revenue from the executive education programs will help the Haas School support its other academic programs and enable it to achieve its goal of financial sustainability.
The facility is in the early planning stages, and its size and location have not yet been determined. This facility is in addition to recently announced plans to build a new academic building serving the campus's School of Law (Boalt Hall) and the Haas School of Business across the street from the Memorial Stadium.
To read the gift announcement, go to http://www.haas.berkeley.edu/news/20050809_donation.html.
Haas Welcomes New Classes in the Evening & Weekend, Full-time, and Ph.D. Programs
A figure-skater with a Ph.D. in molecular genetics, a director of business development for Nasdaq, and a physicist specializing in nano-materials are among the new students who are starting their Haas School careers this month, as the Full-time, Evening & Weekend, and Ph.D. programs welcome new classes.
They join the students in the Master’s in Financial Engineering (MFE), Berkeley-Columbia, and undergraduate programs, who began their academic years in March, June, and July, respectively. This brings total enrollment at Haas across six degree programs to 2,153—the highest enrollment ever.
Full-time Berkeley MBA Program
A Coldplay concert, a community impact day, a San Francisco scavenger hunt, and an impressive slate of speakers await the new class of Berkeley full-time MBA students, who are starting their Orientation Week (O-week) today.
Orientation guest speakers include Deborah Gallegos, MBA 95, CIO for the city of New York ; Peter Georgescu, former CEO of Young and Rubicam (see story below); Priya Haji, MBA 03, founder and CEO of World of Good (a 2005 Global Social Venture Competition winner); Paul Rice, MBA 96, CEO and president of Transfair USA ; and Mike Wood, founder of LeapFrog.
“These speakers embody everything we would want a Berkeley MBA student to consider important—social entrepreneurship, innovation, diversity, and leadership,” says Seth Bindernagel, MBA 06, who is co-chairing O-week with Tom Skapars, also MBA 06. “Each has an amazing story and can speak to leadership and the importance of the Berkeley MBA,” says Bindernagel.
Other highlights of the week include a day on the ropes—an outdoor teambuilding workshop—on Saturday and a community impact day on Wednesday, during which the incoming MBA students will work with Hands on Bay Area to revamp a local Elmhurst elementary school.
The incoming class of 247 holds an average GPA of 3.49 and an average GMAT score of 703. Women comprise 33% of the class and 29% of the students are international, hailing from 39 different countries, including Egypt , Peru , and Sweden . Members of the class have an average of 5.5 years of work experience.
Evening & Weekend Berkeley MBA Program
The Evening & Weekend MBA Program’s class of 2008 distinguishes itself through a variety of talents and accomplishments, boasting a diplomat, a deep-sea rescue diver, and a cellar manager at a major winery. Beginning their studies on August 8, the students collectively have an average undergraduate GPA of 3.3 and a median GMAT score of 690. Forty-three percent of class members already hold advanced degrees, including JDs, MDs, and several Ph.D.s.
Although Evening & Weekend MBA students live and work in the Bay Area, 43% hail from 25 different countries, including Armenia, Bangladesh, Bulgaria, Colombia, Norway, and Peru. 74% of the students speak at least two languages. Members of the class have an average of eight years of work experience and hold jobs as engineers, product managers, and financial analysts.
The Ph.D. Program is welcoming 14 new Ph.D. students, 12 of whom already hold one or more advanced degrees.
Of these future business school professors and researchers nine already hold master's degrees in subjects ranging from financial mathematics to public policy, three hold MBA degrees, one has a Master’s in International Management, and one has a Master’s in Financial Engineering from Haas.
The median GMAT for the incoming Ph.D. students is 720 and the median GRE is 1470. They share a median undergraduate GPA of 3.8 and a median graduate GPA of 3.7. International students traveled to Haas from as far as China , India , Korea , and Portugal . Among the entering students, many languages are spoken, including Urdu, French, Mandarin, German, and Kannada (one of the languages spoken in southern India).
Four students joined the Finance Group, three joined the Business and Public Policy Group, two each joined the Accounting and Organizational Behavior and Industrial Relations Groups, one student joined the Marketing Group, and two will study real estate through special studies.
Haas Undergrad Program Again Ranks #3 in US News & World Report
US News & World Report magazine ranked the Haas School 's Undergraduate Program #3, tied with the University of Michigan , Ann Arbor , in its America 's Top Colleges issue, published on the US News website on August 18.
In last year's ranking, Haas also tied with Michigan for #3.
The US News & World Report ranking is based solely on a survey of the deans and senior faculty at accredited business schools around the country. This survey also results in a ranking by business specialties. In these, the Haas Undergraduate Program ranked as follows:
#2 Real Estate
#5 International Business
#5 Quantitative Analysis
#10 Production/Operations Systems
#11 Management Information Systems
#18 Supply Chain Management/Logistics
Haas Moves up to #15 in Forbes Full-time MBA ROI Ranking
The Berkeley Full-time MBA program moved up six spots to #15 in Forbes Magazine’s fourth biennial “return on investment” ranking, published in the magazine’s September 5 issue.
The Berkeley program ranked #21 in the previous Forbes ranking in 2003.
The Forbes ranking seeks to measure the financial return on investment of an MBA degree, calculated from the compensation five years after graduation minus tuition and the forgone salary during school. Its data analysis is based on survey responses from MBA alumni of the Class of 2000 and, to a lesser extend, on data provided by participating US and international business schools.
For more information, go to www.forbes.com.
Dean's Speaker Series Brings Former Young & Rubicam CEO to Haas
Peter Georgescu, chairman emeritus of Young & Rubicam, will share his thoughts on leadership at the first Dean's Speakers Series lecture of the academic year on Thursday, August 25, at 8:30 a.m. in the Arthur Andersen Auditorium.
Georgescu's talk will draw from his new book, "The Source of Success: Five Enduring Principles at the Heart of Real Leadership." The book offers leaders five guiding principles that he developed while working with Young & Rubicam clients including Ford, Colgate, Chevron/Texaco, AT&T, Xerox, Ericsson, and Johnson & Johnson. The book will be available for sale at a book signing immediately following his talk.
A continental breakfast will be served before the event in the Bank of America Forum starting at 7:30 a.m. The event also is part of the orientation festivities, welcoming the incoming class of Full-time MBA students. For more information please contact Carlis Crowe at 510-643-8782 or at firstname.lastname@example.org.
Later this year, the Dean's Speaker Series will feature Paul Otellini, MBA 74, CEO of Intel; and Rodrigo Rato, MBA 74, managing director of the IMF. Dates and details will be announced in Haas NewsWire closer to the events.
Five New Professors to Enrich Haas School Faculty
Five new assistant and associate professors join the Haas School faculty this fall, after being recruited from Stanford University , New York University’s Stern School of Business, the Tepper School of Business at Carnegie Mellon University , and Yale University .
Associate Professor Steven Tadelis comes to the Business and Public Policy Group after teaching as an assistant professor in the Department of Economics at Stanford University . Tadelis will teach “Economics for Business Decision Making” to students in the full-time MBA program in the fall and Ph.D. research seminars in the fall and the spring.
Joining the Accounting Group is Nicole Bastian, an acting assistant professor who earned her Ph.D. in accounting from Stanford University . Bastian will teach undergraduate “Introduction to Managerial Accounting” and a Ph.D. research seminar in accounting this fall.
The Finance Group welcomes Assistant Professor Christina Parlour, who joins Haas after serving as an associate professor of finance at the Tepper School of Business at Carnegie Mellon University , and Assistant Professor Johan Walden, who earned his Ph.D. in Financial Economics from Yale University and will teach “Introduction to Finance” in the Evening & Weekend MBA Program this spring.
Cameron Anderson joins the Organizational Behavior and Industrial Relations Group as an assistant professor, after serving as an assistant professor of management at New York University ’s Stern School of Business. Anderson will teach “Negotiations and Conflict Resolution” to full-time MBA students in the spring.
Profiles of these new professors will appear in coming issues of Haas NewsWire.
Haas Receives a $3 Million Gift for Maxwell Fellows Program
Jennifer Maxwell, BS 88 (Nutrition), has given $3 million to the Haas School in memory of her late husband, Brian Maxwell, BA 75, the founder of PowerBar, to endow the Brian L. Maxwell Fellows Program for Berkeley MBA students.
“I want these fellows to epitomize Brian’s philosophy,” says Jennifer. “This program is meant to be a continuation of his spirit as a mentor of those students and individuals who may be at a disadvantage but have the drive and passion to pursue their dreams.”
The program will provide awards equal to full tuition and required fees to MBA students who exhibit an entrepreneurial nature, a willingness to take a chance on something new, and a desire to move ahead in life.
In 1986, the Maxwells created a new category of sports nutrition when they started making PowerBars in their home kitchen. As life-long runners, they saw a need for a compact food that would provide prolonged energy while exercising. The company grew and thrived in Berkeley , and they sold it to Nestle S.A. in 2000. Brian Maxwell died in March of 2004 of a heart attack at age 51.
“Brian’s energy and his creative entrepreneurship will be the model for the students who are chosen for these awards,” says Dean Rich Lyons. “Jennifer’s wonderful generosity in establishing this program is a testament to the bond they shared in athletics and in business, and we are very grateful for this exemplary gift. I hope that the establishment of the Maxwell Fellows Program will inspire others to support our school and its students.”
Rudd Family Endows Faculty Chair in Finance at the Haas School
The Rudd Family Foundation has pledged $1.5 million to fund the Rudd Family Foundation Chair in Finance at the Haas School .
Virginia and Andrew Rudd, MBA 76, co-founder of Barra, chose to fund faculty in the area of finance to recognize Andrew’s long career in the financial industry. Over the years, the Rudds have supported initiatives to improve education at the undergraduate and graduate levels through their foundation giving.
“This is a wonderful addition to our endowment, and it meets one of the school’s highest goals,” says Dean Rich Lyons. “This chair will enable us to support a professor in one of the Haas School ’s strongest academic areas and help the school retain its outstanding faculty members.”
Andrew Rudd and Barr Rosenberg, then a professor of economics at UC Berkeley, founded the Berkeley-based financial software firm Barra in 1975. Rudd was introduced to Rosenberg while still a student.
He says, “that was effectively the founding of Barra. I went on to develop one component of what became the company's first software offering.”
Barra now operates 11 offices in eight countries with a staff of more than 500. Rudd stepped down as CEO in 1999, and now is a Special Advisor to Morgan Stanley. In addition to his Berkeley MBA, Rudd holds an MS 72 and a Ph.D. 78 in Industrial Engineering and Operations Research from UC Berkeley.
The Center for Responsible Business to House Prize in Socially Responsible Investing
The Center for Responsible Business is the new home of the Moskowitz Prize, the only global award recognizing outstanding quantitative work on socially responsible investing.
The prize will retain its name and will become part of a larger research effort known as the Moskowitz Research Program within the Center for Responsible Business.
The annual prize was launched in 1996 by the Social Investment Forum, the national trade association for the socially and environmentally responsible investing (SRI) industry, to recognize the best quantitative study of socially responsible investing. The Social Investment Forum will continue to serve as a consultant in prize awards.
"Given UC Berkeley's quantitative excellence, the center is the perfect place for the Moskowitz Prize to thrive," said Kellie McElhaney, executive director of the Center for Responsible Business. "In addition to bringing deeper academic validity to social investing research, the partnership provides the opportunity to expose and involve business school students to this critical research and will put the Haas School at the forefront of socially responsible investing in the nation. It is a fantastic addition to our management offerings."
Competition is open to any author of an SRI study of a quality suitable for publication in an academic journal. The winner is awarded $2,500 and is selected by a panel of judges from academia and the investment industry. The prize is named for Milton Moskowitz, one of the first investigators to publish comparisons of the financial performance of screened and unscreened portfolios. His distinguished works include "The 100 Best Companies to Work for in America ."
More information about the Social Investment Forum is available at: http://www.socialinvest.org. For more information online about the Center for Responsible Business, see http://www.haas.berkeley.edu/responsiblebusiness/.
Corporate Social Responsibility Featured in California Management Review
The Summer 2005 issue of California Management Review (CMR) features an article by the Haas School ’s very own Professor David Vogel, titled "Is There a Market for Virtue? The Business Case for Corporate Social Responsibility."
The article is based on a new book by Vogel, the Solomon P. Lee Distinguished Professorship in Business Ethics, by the title of “The Market for Virtue: The Potential and Limits of Corporate Social Responsibility,” which was published by Brookings Institution Press earlier this year.
The entire summer issue of CMR focuses on topics revolving around business and society, strategy, and alliances. Additional articles include:
"Transferring 'Marketing Knowledge' to the Nonprofit Sector"
"Principles for User Design of Customized Products"
"Modular Strategies: B2B Technology and Architectural Knowledge"
"Learning Through Alliances: General Motors and NUMMI"
"Managing Formation Processes in R&D Consortia "
CMR is geared towards both practitioners and academics, publishing articles that are research-based and those that address issues of current concern to managers.
Complimentary copies are available for all Haas School students in the student lounges and program offices. Alumni interested in receiving a complimentary issue of CMR should send an e-mail to email@example.com. Alumni can receive a special CMR alumni subscription at the rate of only $40. The international alumni rate is $60. To subscribe, send e-mail to firstname.lastname@example.org with current address information.
Haas in the News
Cynthia Kroll, senior regional economist at the Fisher Center for Real Estate and Urban Economics, addressed the issue of the Bay Area housing market in an August 17 Oakland Tribune article titled “Home Sales, Prices Take a Step Back.” For full text: http://www.insidebayarea.com/searchresults/ci_2948743
Assistant Professor Thomas Davidoff commented on the existence of a Bay Area housing bubble in an August 17 San Francisco Examiner article titled “Signs Point to Housing Market Cooling.” For full text: http://www.sfexaminer.com/articles/2005/08/17/news/20050817_ne04_cooking.txt
Sebastian Teunissen, adjunct professor and executive director of the Clausen Center for International Business and Policy, was interviewed regarding the surge in textile imports from China into the US and the proposed reintroduction of quotas or tariffs by both ABC 7 News and KTVU 2 on August 16.
The cost of gasoline kept Severin Borenstein, the E.T. Grether Professor of Business Administration and Public Policy, in the news. He discussed the topic in:
A study by Borenstein on air transportation was referenced in the Minneapolis City Pages on August 17 in an article titled “Assume the Crash Position” about the business difficulties of Northwest Airlines. For full text: http://www.citypages.com/databank/26/1289/article13592.asp
A partnership between Haas and the Nanyang Business School to offer an executive MBA program in Singapore was mentioned in an August 15 CNN story titled “Schools Responding to Asian Demand.” For full text: http://www.cnn.com/2005/BUSINESS/08/15/execed.asia/index.html
The previous appointments of former Dean Laura Tyson and Janet Yellen, Eugene E. and Catherine M. Trefethen Professor of Business Administration, as chairs of the Council of Economic Advisers during the Clinton administration received mention in an August 13 Oakland Tribune story on UC Professor William Dow’s appointment to the Council. The article was titled “Cal Professors Heads for D.C. Position.” For full text: http://www.insidebayarea.com/portlet/article/html/fragments/print_article.jsp?article=2940419
Peter Sealey, adjunct professor of marketing, commented on the entry of US firms into China’s Internet market in an August 12 San Francisco Chronicle article titled “Tech Firms Take Great Leap Forward.” For full text: http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2005/08/12/CHINA.TMP&type=printable. The article also ran on August 13 in the Seattle Post-Intelligencer titled “China Promises Internet Bounty” and in the Bremerton Sun titled “Tech Firms Buy into China ’s Infant Net Market."
Pablo Spiller, the Jeffrey A. Jacobs Distinguished Professor in Business and Technology, was quoted in the Contra Costa Times on August 11 in an article titled “Shipping Industries Deal with Rising Diesel Prices.” Spiller commented on the ultimate cost to the consumer of rising diesel costs. Spiller was also interviewed by KQED Radio for a segment that aired on August 11 and 12 and for KTVU News on August 12.
Sealey discussed the music industry in an August 11 Daily Californian article titled “Green Day Pulls Early Albums from Local Label. For full text: http://www.dailycal.org/article.php?id=19146
The news that the Moskowitz Prize for the best quantitative research on socially responsible investing will now be hosted by the Haas School’s Center for Responsible Business was covered on August 9 by HandsNet in an article titled “UC Berkeley Business School to Host Nation’s Leading Research Prize in Socially Responsible Investing” and on August 16 on the home page of SRI News.com (Social Investment News).
Sealey commented on Internet Protocol TV (IPTV) in an August 8 Fortune article titled “How the Web Will Save the Commercial.”
The $25 million donation to the Haas School for a new executive education building received much coverage, with Dean Lyons, BS 82, and Whitney Hischier, MBA 01, director of the Center for Executive Development, being quoted in various stories, including:
+ An August 11 Oakland Tribune article titled “Haas School Gets $25 Million Gift." For full text: http://www.insidebayarea.com/oaklandtribune/localnews/ci_2932505
+ An August 11 San Jose Mercury News article titled “$25 Million Gift Boosts Executive Education Program.” For full text: http://www.mercurynews.com/mld/mercurynews/news/local/12355822.htm?template=contentModules/printstory.jsp
+ A Contra Costa Times article on August 11 titled “Alumnus Gives Cal $25 Million.” For full text: http://www.contracostatimes.com/mld/cctimes/business/12356153.htm
+ An August 11 East Bay Business Times article titled “Alum Makes Blockbuster Donation to UC-Berkeley’s Haas School .” For full text: http://eastbay.bizjournals.com/eastbay/stories/2005/08/08/daily28.html?t=printable
+ A San Francisco Business Times article on August 11 titled “ Berkeley ’s Haas School gets $25M Gift.” For full text: http://www.bizjournals.com/sanfrancisco/stories/2005/08/08/daily33.html
+ A Seattle Times item on August 11 in a roundup titled “Across the Nation.”
+ An article in the German publication Handelsblatt on August 11 titled “Millionensegen für kalifornische Business School.”
+ An Associated Press story that ran in the New York Times, the Washington Post, Forbes, and the Sacramento Bee on August 10 titled “UC-Berkeley Business School Gets $25M Gift.” For full text: http://www.washingtonpost.com/wp-dyn/content/article/2005/08/10/AR2005081001926_pf.html or http://www.forbes.com/work/feeds/ap/2005/08/10/ap2177453.html or http://www.sacbee.com/state_wire/v-print/story/13387390p-14228860c.html
+ An August 10 Newsday article titled “UC Berkeley Business School Gets $25M Gift.” For full text: http://www.newsday.com/business/nationworld/wire/sns-ap-berkeley-gift,0,4691607,print.story?coll=sns-ap-business-headlines
+ The Dow Jones Newswire on August 10 titled “ Anonymous Donor Gives UC-Berkeley Business School $25 Mln.”
+ An August 10 San Francisco Chronicle article titled “Anonymous Donor Gives $25 Million to Business School .” For full text: http://www.sfgate.com/cgi-bin/article.cgi?file=/news/archive/2005/08/10/state/n174714D97.DTL
+ An August 8 Daily Cal article titled “ Haas School to Receive $25 Million Donation.
Assistant Professor Terrence Hendershott commented on the Nasdaq's shift to new technology in an August 8 Reuters article titled “Nasdaq to Withdraw from Intermarket Trading System.”
Sealey commented on the impact felt by traditional supermarkets from both high- and low-end specialty stores in an August 8 Fort Wayne Journal Gazette article titled “New Grocer in Town Could Compete with Local Farm Stands.” For full text: http://www.fortwayne.com/mld/journalgazette/12330400.htm?template=contentModules/printstory.jsp
A paper by Andrew Rose, the Bernard T. Rocca, Jr., Professor of International Trade, on the impact of trade on either the World Trade Organization or the General Agreement on Tariffs and Trade was referenced in an August 6 article in The Economist titled “Is There any Point to the WTO?”
Andrew Shogan, associate dean for instruction, was quoted in an August 5 San Francisco Business Times article titled “Mastering the Payoff: Return on MBA Investment May Not Be Money.” Shogan noted that recruiters from top investment banks largely focus their attentions on highly rated business schools. For full text: http://sanfrancisco.bizjournals.com/sanfrancisco/stories/2005/08/08/focus1.html?t=printable
On August 5 the Silicon Valley/San Jose Business Journal ran an article from the June 24 issue of the San Francisco Business Times titled “ China ’s Sea Turtles’ Returning to Home Shores .” Chen Wang, MBA 05, was featured in this story on students from China who pursue their MBAs stateside and, in increasing numbers, return to China to work. For full text: http://sanjose.bizjournals.com/sanjose/stories/2005/08/08/focus3.html
In the Daily Californian on August 4 was an article about Hershey’s acquisition of Berkeley ’s Scharffen Berger Chocolate Maker, Inc. Peter Sealey commented on Hershey’s probable strategy for Scharffen Berger in the article, titled “Berkeley and the Chocolate Factory.” For full text: http://www.dailycal.org/article.php?id=19105
The Daily Californian covered the Haas School ’s partnership with Intel Corporation in creating an international training program for entrepreneurship. The story ran on August 4 and was titled “ Haas School , Intel Partner to Encourage Entrepreneurship.” David Charron, MBA 95, associate director of the Lester Center for Entrepreneurship and Innovation, was quoted. For full text: http://www.dailycal.org/article.php?id=19108
The Haas/Intel program also received coverage in the August 10 edition of Inside Higher Ed, in an article titled “New Programs.” For full text: http://www.insidehighered.com/news/2005/08/10/new
The Haas School was mentioned and second-year Berkeley MBA students Remco Groeneveld and Anders Geertsen were quoted in an August 4 Business Week story titled “California, Here Come the Hikes” about the recently approved increase in UC professional student fees. For full text: http://www.businessweek.com/bschools/content/aug2005/bs2005084_3656.htm
In a San Francisco Chronicle story about the 75th anniversary of the supermarket, Professor Emeritus Louis Bucklin was quoted on that innovation’s impact on women, packaging, and pricing strategies. The story, titled “Scrambling for Customers,” ran on August 4. For full text: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2005/08/04/BUG7PE2DKH1.DTL. The story also ran on August 7 in the Augusta Chronicle.
Sealey commented on Adidas-Salomon’s proposed purchase of Reebok International Ltd. In an August 4 Los Angeles Times article titled “Adidas Steps Up to Buy Reebok for $3.8 Billion.”
Amir Sharif, MBA 03, product manager at Cisco Systems, was quoted in an August 3 Salon.com article titled “Why ‘Made in China ’ is Good News for the US .” Sharif co-organized and led a tour of China for venture capitalists in 2004 and commented on globalization and US high tech. For full text: http://www.salon.com/tech/feature/2005/08/03/china/index_np.html
Senior lecturer Sara Beckman was quoted in an August 1 BusinessWeek article titled “Tomorrow’s B-School? It Might Be a D-School.” The article reported on the increasing emphasis on design at business schools and mentioned Beckman’s “Design as a Strategic Business Issue” and “Managing the New Product Development Process” courses. For full text: http://www.businessweek.com/magazine/content/05_31/b3945418.htm
Sebastian Teunissen was interviewed for the August 1 issue of El Mercurio’s Revista Del Campo regarding Chilean trade with China .
Professor David Levine commented on rebellions within the union movement in a July 28 article in The Economist titled “Will the Split in the AFL -CIO Hurt Organised Labour, or Reinvigorate It?” For full text: http://www.economist.com/world/na/displayStory.cfm?story_id=4229292
Visiting Associate Professor Godwin Wong commented on the increase of Ph.D. students from overseas returning to their home countries after completing their studies, in a July 25 Fortune article titled “America Isn’t Ready.”
Terrance Odean, professor in the Finance Group, commented on the rise of coattail investing in a July 25 National Post article titled “Coattail Investing All the Rage: Mimic the Pros.”
A profile of Robert Haas ran in the San Francisco Chronicle on July 24, in the wake of announcing his retirement as CEO of Levi Strauss & Co. The article, titled “Haas to Keep Hand on Levi’s” covered the Haas family’s great generosity to UC Berkeley throughout the years. Dean Richard Lyons was quoted. For full text: http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2005/07/24/BUGVBDSII01.DTL&type=printable
In a July 23 ABC News segment titled “Could Theatre to DVD Window Shrink to Zero?” Peter Sealey commented on a market shift toward narrower time gaps between movie releases in theaters and on DVD . For full text: http://abcnews.go.com/Entertainment/WNT/story?id=959904&CMP=OTC-RSSFeeds0312
David Levine commented on the impact of a rising yuan on computer companies in a July 22 ZDnet article titled “ China ’s Currency Move may Hurt US Tech.” For full text: http://news.zdnet.com/2100-9584_22-5799199.html
A study by Terrance Odean and Brad Barber, on the relationship between trading frequency and successful investing, was referenced in a Motley Fool column, “Stop Renting, Start Owning,” that ran in New Jersey’s Star Ledger on July 19.
Benjamin Hermalin, the Willis H. Booth Professor of Banking and Finance, was among the experts who weighed in with business-world advice for President Bush on handling recent controversy surrounding Karl Rove. Hermalin’s comments ran in a July 18 BusinessWeek article titled “How CEOs Would Handle Rove.” For full text: http://www.businessweek.com/bschools/content/jul2005/bs20050718_6852.htm
Severin Borenstein commented on California 's Proposition 80 in a July 18 Los Angeles Times article titled “Initiative on Alternative Power Sellers Revives Regulate vs. Deregulate Debate.”
Borenstein also commented on a Chinese oil firm’s bid for Unocal in a July 17 San Francisco Chronicle article titled “It Doesn’t Matter who Wins Unocal, Some Say.” For full text: http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2005/07/17/BUGGKDOV2S1.DTL&type=printable
David Levine commented on the drop in self-employment, as entrepreneurs seek benefits and steadier incomes, in a July 17 USA Today article titled “Fewer Choose to Work for Themselves.” For full text: http://www.usatoday.com/money/economy/employment/2005-07-17-self-employ-usat_x.htm
Peter Sealey discussed the movie business on ABC News on July 17 in a segment titled “Hollywood Blues Finding an Audience.”
Assistant Professor Maria Nondorf was quoted in a July 15 Sacramento Bee article titled “Governor Defends Media Deal.” Nondorf commented on the circumstances surrounding American Media’s disclosure of their contract with Governor Arnold Schwarzenegger.
A July 15 Sacramento Business Journal article titled “A New MBA is a Hot Item” mentioned the increased salaries of newly minted Berkeley MBAs. For full text: http://sacramento.bizjournals.com/sacramento/stories/2005/07/18/smallb3.html?t=printable
Cynthia Kroll commented on the pressures put upon startups by venture capitalists to watch costs and outsource work in a July 13 WebProNews article titled “ Profits Peak but Tech Jobs Hit a Valley.”
Happening at Haas
DEAN'S SPEAKERS SERIES
Peter Georgescu, chairman emeritus of Young & Rubicam
Thursday, August 25
8:30 a.m. (continental breakfast at 7:30 a.m. )
Arthur Andersen Auditorium
A continental breakfast will be served before the event in the Bank of America Forum starting at 7:30 a.m.
For more information, contact Carlis Crowe at 510-643-8782 or at email@example.com.
CENTER FOR RESPONSIBLE BUSINESS
Movie screening: "The Corporation"
Wednesday, August 31
Arthur Andersen Auditorium
The 2004 documentary The Corporation explores the nature and spectacular rise of the dominant institution of our time. Footage from pop culture, advertising, TV news, and corporate propaganda, illuminates the corporation's grip on our lives. The Corporation includes forty interviews with corporate insiders and critics -- including Milton Friedman, Noam Chomsky, Naomi Klein, and Michael Moore. The film has won 24 international awards, including the Audience Award for Documentary at the 2004 Sundance Film Festival. The film is 2 hours and 25 minutes in length. Pizza and beverages will be served. The film is being shown in anticipation of Director/Producer Mark Achbar’s Peterson Lecture talk on September 7 (event details below).
For more information, contact Joanna Trammell at firstname.lastname@example.org.
BERKELEY ENTREPRENEURS FORUM
"Overview of Venture Capital and Trends in Financing"
Thursday, September 1
6:30 p.m. to 8:30 p.m.
Arthur Andersen Auditorium
This forum features Steve Bengston, managing director of Emerging Company Services, PricewaterhouseCoopers; Mitchell Kertzman, partner at Hummer Winblad Venture Partners; and Brian Atwood, co-founder and partner at Versant Ventures. The panel will be moderated by Sam Angus, partner, Fenwick & West.
For more information, visit http://entrepreneurship.berkeley.edu/sep05.asp.
This forum is sponsored by Fenwick & West.
PETERSON LECTURE SERIES
Mark Achbar, director and producer of The Corporation
Wednesday, September 7
Arthur Andersen Auditorium
Join us for a provocative and thought-provoking discussion about the role of the corporation in society with acclaimed director and producer Mark Achbar. A cocktail reception will follow the discussion.
For more information, contact Joanna Trammell at email@example.com.
DEAN LYONS INVITES:
"Enron: Smartest Guys in the Room"
Thursday, September 15
5:00 p.m. to 7:00 p.m. and repeating from 7:00 p.m. to 9:00 p.m.
Arthur Andersen Auditorium
Dean Lyons invites all faculty, staff, and students to a special free screening of the new movie on Enron. The film depicts the inside story of one of history’s greatest business scandals, in which top executives of America’s seventh largest company walked away with over one billion dollars while investors and employees lost everything. The film is based on the best-selling book The Smartest Guys in the Room by Fortune reporters Bethany McLean and Peter Elkind and features insider accounts and incendiary corporate audio and videotapes. Director Alex Gibney reveals the almost unimaginable personal excesses of the Enron hierarchy and the utter moral vacuum that posed as corporate philosophy.
For more information, contact Carlis Crowe at firstname.lastname@example.org.
Saturday, October 1
10:30 a.m. to 5:00 p.m.
The annual Haas Homecoming kicks off with a special lecture by Dean Richard Lyons on the state of the school and his perspective on the value of the dollar. Then, it's a Mexican Fiesta luncheon in the Haas School courtyard with live music and special activities for kids. Finally, it's off to Memorial Stadium to watch the Golden Bears defeat Arizona . All Haas alumni, faculty, and students are encouraged to attend.
To register for the Haas Homecoming lecture and luncheon, and/or to purchase reduced-price football tickets in the Haas block of seats, register at http://www.haas.berkeley.edu/alumni/homecoming/registration.html.
CLAUSEN CENTER FOR INTERNATIONAL BUSINESS AND POLICY
Investing in Emerging Markets Conference
Friday, October 7
Berkeley Art Museum , UC Berkeley
Top experts in finance, investment, trade, tax and intellectual property law will discuss the challenges and opportunities for business growth and investment in China , India , and Russia three of the fastest growing economies in the world. There will be keynote speakers and panelists as well as case study discussions to explore these growing opportunities.
For more information, visit http://www.haas.berkeley.edu/HaasGlobal/emergingmarketsconference.html.
SAN FRANCISCO ALUMNI
Thursday, August 25
6:30 p.m. to 9:30 p.m.
Kells Irish Bar, 530 Jackson Street, San Francisco
The San Francisco Alumni Chapter invites alumni to a scavenger hunt in San Francisco . Socialize with alums and meet the new MBA students.
For information, contact David Gimpelevich at email@example.com.
LOS ANGELES ALUMNI
California Scramble Golf Event
Saturday, August 27
11:00 a.m. to 6:00 p.m.
Malibu Country Club, 901 Encinal Canyon Road, Malibu
Join fellow Haas alumni and friends for a fun day of golf at the Malibu Country Club. Golf will be a team scramble event. You can sign up as a foursome or less. Other business school alumni groups have been invited as well as other Cal alumni groups. This will be a competitive event -- the winning school with the lowest score will have bragging rights for a year. To register, go to http://www.acteva.com/booking.cfm?bevaid=90680.
For more information, contact Dennis Sullivan at firstname.lastname@example.org
LONDON UC/HAAS ALUMNI
Concert in the Park
Sunday, August 28
7:30 p.m. to 9:30 p.m.
Join London UC/Haas alumni and guests at Kenwood for a Concert in the Park (with fireworks and optional picnic). Tickets include a free shuttle between Kenwood and East Finchley or Golders Green tube.
Please RSVP to Karineh at email@example.com.
For payment and event information, contact Matthew Daines at MatthewDaines@californiahouse.org.uk
LOS ANGELES ALUMNI
Bar Night: Network & Socialize
Wednesday, August 31
7:00 p.m. to 9:00 p.m.
World Cafe (Lounge/Bar), 2820 Main St., Santa Monica
The Los Angeles Haas Alumni Network Chapter invites you to Bar Night. Join fellow Haas alumni in the lounge at World Cafe for cocktails, appetizers and a good time. The Haas Alumni Networking Bar Nights are a casual environment to develop both personal and professional connections within the Haas Alumni Network. The World Cafe is known for its signature martinis and great margaritas. If you get there before 7:00 p.m., you can get free pizza with your drink.
To register, go to http://www.acteva.com/booking.cfm?bevaid=93690.
HAAS BREA (Real Estate) ALUMNI
7th Annual Opportunities in Real Estate Forum
Thursday, September 8
6:00 p.m. to 9:00 p.m.
Faculty Club, UC Berkeley, Heyns Room
Berkeley Real Estate Alumni (BREA) invite you to join the Fisher Center for Real Estate and BREC for the 7th Annual Opportunities in Real Estate Forum. The purpose of the forum is to introduce first-year MBA students to the field of real estate. Come and interact with current Berkeley MBA students trying to break into the industry. The agenda includes presentations from Professor Dwight Jaffee (chairman, Haas Real Estate Group), the Berkeley Real Estate Club (BREC), and an alumni career panel. Firms represented on the panel include Banc of America Securities, Holliday Development, MacFarlane Partners, SRM Associates, and Wells Fargo Real Estate Group. Steve Chamberlin of Chamberlin Associates will provide the keynote address.
RSVP to firstname.lastname@example.org and mention that you are in BREA . For more information: email@example.com.
EAST BAY ALUMNI
Jesus Christ Superstar in the Oakland Hills: Show and Picnic in the Redwoods.
Friday, September 9
6:00 p.m. to 10:00 p.m.
Woodminster Amphitheater, 3300 Joaquin Miller Road, Oakland
Join members of the East Bay Chapter of the Haas Alumni Network to see the play Jesus Christ Superstar and to enjoy a special pre-show picnic in the Woodminster Amphitheater picnic area. All alumni and their friends are invited to enjoy a catered buffet with fabulous views of the bay in a redwood setting. Then, enjoy the award-winning Jesus Christ Superstar in the amphitheater under the stars.
Tickets are limited; you must register by September 6, 2005 .
To register, go to http://www.acteva.com/booking.cfm?bevaid=93616.
For more information, contact Marina Gracias, firstname.lastname@example.org, 415-222-7711.
ALL HAAS ALUMNI
Saturday, October 1
10:30 a.m. to 5:00 p.m.
Haas School of Business and Memorial Stadium, UC Berkeley
Join the tradition of coming back to Haas for the annual Haas Homecoming. Join your fellow alumni, students, faculty, and guests to hear Acting Dean Rich Lyons discuss international finance, enjoy a Mexican Fiesta luncheon in the Haas courtyard with live music and special activities for the kids, and cheer on the Cal Bears at the Cal vs. Arizona football game at Memorial Stadium.
To register, go to http://www.haas.berkeley.edu/alumni/homecoming/.
For more information, contact Haas Alumni Relations at email@example.com.
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