Haas Awards First-ever Investment Banking Fellowships

UC Berkeley Haas School Logo

Six Haas Investment Banking Fellowships have been awarded to second-year Full-time Berkeley MBA students, who will become the first-ever recipients of the awards.

The new fellowship is awarded to students with demonstrated academic success and interest in investment banking. Six members of the class of 2008 will receive the first fellowships: Joshua Bleharski, Kevin Kopczynski, Aanand Krishnan, Mayuresh Oke, Jie Shen, and Kieran Valley. The six recipients were selected by a committee including representatives from admissions, career services, and student services.

The investment banking fellows receive a partial scholarship funded by the CJ White Fellowship Fund and a subsidy for school-organized treks, such as the winter break trips to Wall Street and Hong Kong. The students are also matched with an alumni mentor working in investment banking.

"There is a particular process to getting a job in investment banking," says Abby Scott, executive director of MBA Career Services. "Students are expected to be well networked, to know as much as possible about the industry, and to understand the differences between individual firms. With the help of their mentors, the fellows will be equipped to navigate these intricacies and will have the best possible chance of success."

Scott also notes that while these first awards were given to students in their second year, the goal is to award future fellowships to newly admitted students.

"The fellowship is fantastic," says Aanand Krishnan. "My mentor can guide me through my career and I then get to help other students who want to make a switch to investment banking."

Haas School Professor Dorit Hochbaum Developing Nuclear Detection Technology

A team of UC Berkeley researchers that includes Haas School Professor Dorit Hochbaum was recently awarded a $7.1 million federal grant to develop nuclear-detection technology to better protect the nation from terrorist threats.

Hochbaum and her fellow researchers competed against 132 teams from universities nationwide for the funding. The grant was awarded by the US Department of Homeland Security and the National Science Foundation.

The Berkeley team will work on the Detection of Nuclear Threat Initiative (DONUT), a three-pronged approach to enhancing nuclear detection capabilities. The project will focus on identifying methods and technologies to detect nuclear threats faster and more accurately, on developing detection instruments, and on designing algorithmic and software infrastructure to analyze large data sources and recognize patterns that could indicate a potential terrorist threat.

"These are important goals that will help reduce errors in detecting nuclear threats, which can have high costs for the nation's economy and safety," says Hochbaum, who will work on the data mining assessment systems.

In addition to Hochbaum, the team includes Edward Morse, a professor in the department of nuclear engineering and the team leader; Eric Norman, a professor-in-residence in the department of nuclear engineering; Brian Wirth, an associate professor in the department of nuclear engineering; and James Siegrist, the head of the physics division at Lawrence Berkeley National Laboratory. The researchers will also collaborate with the Lawrence Berkeley and Lawrence Livermore national labs.

Berkeley MBA Students Swim Lake Tahoe to Raise Money for Charity

Battling the elements, Berkeley MBA students Matt Evans, MBA 08, and Ken Wallace, MBA 08, and four friends swam across Lake Tahoe and back to raise money for the League to Save Lake Tahoe and for the National Brain Tumor Foundation.

The group organized the fundraiser in honor of fellow Full-time MBA student Steve Dugan, MBA 08, who was diagnosed with brain cancer earlier this year. So far the swimmers have raised $1,500 for the League to Save Lake Tahoe and are halfway to reaching their goal to raise $10,000 to benefit the National Brain Tumor Foundation.

"The wind and waves were the most challenging part," said Evans, a former all-American breaststroker at Princeton who grew up near Lake Tahoe in Incline Village, Nevada. "They made life difficult for the people in kayaks and they also tended to disrupt swimming rhythm."

Also swimming on the two three-person teams were John Evans, Matt Evans' younger brother; Marty Matthies, a second-team all-American on UC Berkeley's 2006 national championship water polo team; Redwood City triathlon enthusiast Ralph Fallant; and Earl Walton, a triathlon coach from New York City.

The teams began swimming from the northeast corner at dawn on August 25. Each team rotated swimmers every 30 minutes during the 11-hour trip. After the 21-mile journey, the team members arrived at Emerald Bay on the southwest corner of the lake and camped overnight before swimming back across the next morning.

"It was hard but also beautiful and inspiring," said Evans. "We just hope the donations we helped raise will have an impact."

The League to Save Lake Tahoe is an advocacy organization dedicated to the protection and restoration of Lake Tahoe and its surrounding basin. The National Brain Tumor Foundation is a nationwide nonprofit organization serving people whose lives are affected by brain tumors.

Virtual Worlds Take Center Stage at the Berkeley Entrepreneurs Forum, Sept. 20

A panel will discuss the entrepreneurial opportunities created when technology blurs the line between virtual worlds and the physical world at the UC Berkeley Entrepreneurs Forum event on September 20.

The discussion, titled "Exploring Virtual Worlds: Real Opportunities," is hosted by the Lester Center for Entrepreneurship. Its panelists include Robin Harper, the vice president of marketing and community development at Linden Lab, the makers of the virtual community Second Life; and Dan Kelly, chief executive officer of Sparter, a website devoted to enabling global gamer-to-gamer trading of virtual currencies in massively multiplayer online role playing games.

The Entrepreneurs Forum continues on October 25 with "New Opportunities for Health and Wellness," a discussion about entrepreneurial opportunities to serve the burgeoning corporate wellness market fueled by companies instituting healthy living programs.

The fall 2007 season concludes with the third annual Intel+Berkeley Entrepreneurship Challenge Finals and Awards, where competitors from five universities around the world present their technology innovations before a panel of venture capital, industry, and entrepreneurship experts to compete for a $25,000 cash prize.

The Berkeley Entrepreneurs Forum begins with a networking hour at 6:30 p.m., followed by panel discussions at 7:30 p.m. in Arthur Andersen Auditorium.

For more information, visit: http://entrepreneurship.berkeley.edu/bef.asp.

MBA Students Organize Reaching Out Conference in San Francisco, Oct. 11-14

Berkeley and Stanford MBA students have joined forces to organize this year's annual Reaching Out Conference, a student-run, educational networking and recruiting organization for lesbian, gay, bisexual, and transgender (LGBT) MBA students.

The conference will be held at San Francisco's Westin St. Francis Hotel on October 11-14, 2007. Its organizers include Full-time Berkeley MBA 08 candidates Brian Richardson, Alejandro Pardo, Erik Hebert, Melissa Ong, and Anuj Jenveja. They receive help from more than 20 first- and second-year MBA student volunteers and several alumni who are serving as panelists. Marketing professor Priya Raghubir is leading a case study workshop.

"Reaching Out is about more than professional networking; it is an opportunity to come together and build a stronger LGBT community," said Alejandro Pardo, MBA 08. "'Connect, Build, Achieve' is the theme for this year and we see this as a call to everyone involved to make a difference in their own educational community but more importantly in the professional situations we are all a part of every day."

The three-day event will feature a variety of topic-based panels, networking and recruiting workshops, a student leader roundtable, as well as affinity events that address how to break through the glass ceiling. Last year's conference in New York attracted more than 700 attendees.

Entirely student run, the annual Reaching Out conference promotes the education, visibility, and networking capabilities of LGBT business leaders in the United States and around the globe. Each year, LGBT groups from MBA programs in North America and around the world submit detailed bids to organize the next conference.

This year, students from Berkeley and Stanford beat out 10 competing schools with their winning bid based on the strength of their school's LGBT organizations, host city capabilities, and conference innovations proposed in the bid.

Wachovia and Lehman Brothers are the underwriters for the event. Additional sponsors are listed at the Reaching Out web site.

For more information about registration, volunteering, corporate sponsorship, and recruitment opportunities, visit http://www.reachingoutmba.org.

Haas School Undergraduate Team is Third Runner Up at Case Competition in Thailand

The Haas undergraduate team was the third runner up in the Thammasat Undergraduate Business Challenge hosted by Thammasat University in Bangkok on August 23.

The Haas team consisted of David Habibian, BS 08; Austin Ibrahim, BS 08; Paul Janczyk, BS (business and economics) 08; and Sagar Patel, BS 08.

At the four-day event, the Haas team competed against 16 universities from around the globe and designed a branding and expansion strategy for Body Glove of Thailand. Body Glove designs and manufactures clothing and accessories for water sports.

The case competition focused on changing the brand perception of the company in the Thai marketplace to convey a sense of California's surf lifestyle. The competition also asked participants to recommend methods to execute the company's expansion and desired growth strategy in Thailand and other areas of Southeast Asia.

Thammasat University won the grand prize. Singapore Management was first runner up and second runner up was University of South Carolina.

Celebrate Homecoming, Saturday, October 13

Kick your networking into high gear and then come watch the Cal Bears kick, pass, and run their way to victory over Oregon State as part of the annual Haas Homecoming Celebration on Saturday, October 13.

All Haas School alumni are invited to return to campus for this spirited day of fun and networking. Students, faculty, staff, and guests are also welcome. The celebration launches with an interactive seminar on "Innovations in Networking," delivered by Heather Hollick, MBA 04, in Andersen Auditorium. Dean Tom Campbell will then share tips on "How to Lobby and Other Secrets of the Political Process."

The afternoon includes a pre-game Mexican fiesta luncheon in the Haas Courtyard, featuring live music and special activities for kids. Then it's off to Memorial Stadium to watch the Golden Bears defeat the Oregon State Beavers.

During Homecoming, undergraduates from the classes of 02, 97, 92, 87, 82, 77, 72, 67, and 62 will also celebrate Reunion Weekend. Reunion celebrants are invited to return to Haas to see old friends and to pick up a special reunion gift.

The deadline to register for homecoming events and to purchase discounted football tickets is Monday, September 24. For more information, visit http://www.haas.berkeley.edu/groups/alumni/homecoming/index.html.

Haas Named Fifth Best Business School for Hispanics

Hispanic Business ranked the Haas School number five in a ranking featuring the top ten business schools for Hispanic students.

The survey, published in the magazine's September 2007 issue, ranks business schools on a variety of factors including the number of Hispanic students and faculty, recruiting and retention services for Hispanic students, retention rate, and the school's reputation. Haas has ranked #2 in Hispanic Business for the previous two years.

Read the full story at http://www.hispanicbusiness.com/news/newsbyid.asp?id=75366&page=2&cat=&more=#.

Haas in the News

The Haas School was mentioned in an article about teaching sustainability titled "People, Profit, and Planet" in the September 7 issue of The Chronicle of Higher Education. For the full article: http://chronicle.com/weekly/v54/i02/02a01401.htm

Cynthia Kroll, a senior regional economist for the Fisher Center for Real Estate and Urban Economics, was interviewed in a September 7 KGO-ABC radio broadcast about Countrywide Financial Corp.'s plan to lay off 12,000 employees.

Assistant Professor Thomas Davidoff was interviewed by KPCC on September 6 regarding his new proposal to index mortgages to home prices or aggregate default.

Professor Laura Tyson was mentioned in a September 5 London Times Online article titled "Laura Tyson: find your personal communication style." For the full text and video clip: http://www.timesonline.co.uk/tol/life_and_style/career_and_jobs/article2392795.ece

Lynn Upshaw, a lecturer in the Haas Marketing Group, was quoted in a September 4 ABC7 News story titled "Local Consumers React To Latest Mattel Toys Recall." For the full text: http://abclocal.go.com/kgo/story?section=local&id=5635799

Kellie McElhaney, executive director of the Center for Responsible Business, was quoted in a September 1 Human Resource Executive Online article titled "A Hire Calling," regarding the growing popularity of "green recruiting" among large companies. For the full text: http://www.hreonline.com/HRE/story.jsp?storyId=26671758

Thomas Davidoff was quoted in several news outlets regarding recent efforts to relieve the sub-prime mortgage crisis:
+ A September 1 KCBS article titled "Help with Skyrocketing Mortgage Rates." For the full article: http://www.kcbs.com/pages/890676.php?contentType=4&contentId=868558
+ An August 31 New York Times article titled "Bush Offers Relief for Some on Home Loans." For the full article:

Dean Tom Campbell was mentioned in several news outlets regarding his plan to step down as dean of the Haas School next summer:
+ A September 2 Financial Times Article titled "New faces and fresh priorities." For the full article: http://www.ft.com/cms/s/2/959f3270-57e3-11dc-8c65-0000779fd2ac,dwp_uuid=87c504f8-2b20-11dc-85f9-000b5df10621.html
+ An August 28 San Francisco Chronicle article titled "Ex-congressmen Campbell plans to step down as Haas School dean." For the full text: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2007/08/28/BU50RQ9AJ.DTL
+ An August 28 Contra Costa Times article titled "East Bay Roundup Berkeley." For the full article: http://www.contracostatimes.com/search/ci_6739060?IADID=Search-www.contracostatimes.com-www.contracostatimes.com&nclick_check=1

Professor Patricia Dechow was mentioned in an August 31 Yahoo Finance article titled "Baseball, Behind the Plate?" regarding her research on identifying corporate accounting fraud. For the full article: http://uk.biz.yahoo.com/31082007/244/baseball-racism-behind-plate.html

Laura Tyson was quoted in an August 31 Yahoo Finance article titled "Radical Collaboration," regarding the benefits and pitfalls of innovation networks. For the full article: http://sg.biz.yahoo.com/070831/68/4ayl7.html

Terrance Odean, the Willis H. Booth Chair in Banking and Finance I, was mentioned in an August 23 CNN Money interactive slideshow titled "20 Timeless Money Rules." For the full slideshow: http://money.cnn.com/galleries/2007/moneymag/0708/gallery.20_rules.moneymag/index.html

Happening at Haas


Saturday, September 15
7:00 p.m. to 11:00 p.m.
Claremont Hotel and Spa
41 Tunnel Road
To register, visit http://www.haas.berkeley.edu/alumni/bcgala.
For reservations, call the Claremont at 1-800-551-7266 by August 16th
Be sure to identify yourself as a member of UCB Haas School of Business.

BAY AREA ALUMNI - ThinkEquity Partners' Fifth Annual Growth Conference
Monday, September 17 - Thursday, September 20
7:30 a.m. to 5:30 p.m.
St. Regis Hotel
125 3rd Street
San Francisco
Bay Area alumni are cordially invited to G5-ThinkEquity Partners' Fifth Annual Growth Conference.
To register, visit http://www.GrowthConference.net.

Tuesday, September 18
6:30 p.m. to 10:30 p.m.
79th Street Boat Basin Cafe
New York
New York alumni are cordially invited to an All MBA Happy Hour, to reconnect, network, and meet new friends.
To register, visit www.mbacorps.org/allmbahh.htm.

For more information, please contact Maggie Smith at maggiesmith@haas.berkeley.edu.

Shansby Marketing Seminar
Qiaowei Shen, PhD candidate at Haas School of Business
Thursday, September 13
4:00 p.m. to 5:30 p.m.
C250 Cheit Hall

Shansby Marketing Seminar
Job Market Talks: Maria Ana Vitorino (Chicago),
Thursday, September 20
2:30 p.m. to 4:00 p.m.
C250 Cheit Hall

Shansby Marketing Seminar
Job Market Talks: Sherif Nasser (NYU),
Thursday, September 20
4:00 p.m. to 5:15 p.m.
C250 Cheit Hall

For more information, please contact Deborah Houy at houy@haas.berkeley.edu.

Erika Henik, Ph.D. candidate, Haas School of Business
Wednesday, September 12
4:00 p.m. to 5:30 p.m.
C320 Cheit Hall

Paul Ingram, Professor, Columbia University School of Business
Wednesday, September 19
4:00 p.m. to 5:30 p.m.
C320 Cheit Hall

For more information, please contact June Wong at june@haas.berkeley.edu.

Moto Yogo (University of Pennsylvania)
Thursday, September 13
4:10 p.m. to 5:40 p.m.
C210 Cheit Hall
Daniel Paravisini (Columbia University)
Thursday, September 20
4:10 p.m. to 5:40 p.m.
C210 Cheit Hall


The Oliver E. Williamson Seminar on Institutional Analysis (formerly IDS270)
"Vertical Integration and Production: Some Plant-Level Evidence" - Chad Syverson -
Chicago GSB
Thursday, September 20
4:10 p.m. to 6:00 p.m.
C325 Cheit Hall
For more information, visit http://groups.haas.berkeley.edu/imio/workshops2007.htm.


"Why and How China is Pushing Deals Onshore"
Howard Chao '80, O'Melveny & Myers
Monday, September 17
12:40 p.m. to 1:40 p.m.
Boalt Hall, Room 105
For more information and to RSVP, please contact BCLBE@law.berkeley.edu or call Phyliss Martinez at 642-0532.

The Haas NewsWire is the bi-monthly electronic news publication 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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