Tag Archive | "school of business administration"

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Business Master’s Programs Begin in January and August—Learn More December 3


The School of Business Administration offers one-year master’s programs in accounting, business analytics, economics, finance, international business, and taxation. Classes begin in January and August 2015. Learn more at the school’s next information session on Wednesday, December 3, at 12:30 p.m. at the Toppel Career Center. Lunch will be provided.

To register for the information session, visit www.bus.miami.edu/graduateprograms.

 

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UM Adds MBA for Athletes and Artists to Its Customized Offerings


Special to UM News

The School of Business Administration has developed a new executive MBA program designed primarily for professional artists and athletes. Beginning February 2015, the Miami Executive MBA for Artists and Athletes will teach these accomplished individuals, many of whom have strong personal brands, how to leverage their current career success into business and social achievement.

Because the program is expected to draw many players from the National Football League (NFL), classes will be held during the league’s off-season. The 18-month program consists of six two-week residency modules at the school’s main campus in Coral Gables. The program, which will be taught by the same world-class faculty who teach in the school’s other programs, has the same curriculum as the school’s existing Global Executive MBA program, which meets on a similar schedule.

“The Miami Executive MBA for Professional Artists and Athletes will equip current and former NFL players, as well as other athletes and artists, with the new knowledge and business skills they need to continue their personal and professional success,” said Dean Gene Anderson. “Like all of our Executive MBA programs, this specialized program is designed to help participants become successful managers and leaders in the business world.”

The MBA for artists and athletes adds another customized program to the school’s unique MBA offerings. The school also offers the Miami Executive MBA for the Americas program, designed for those engaged in the business of the Americas; the Executive MBA in Health Sector Management and Policy program, designed for health care industry professionals; and the Spanish-language Global Executive MBA program, designed for Spanish-speaking executives in Latin America, among the school’s other MBA programs.

 

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Retired Admiral Urges Leaders to Build Bridges, Not Walls

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Retired Admiral Urges Leaders to Build Bridges, Not Walls


By Annette Gallagher
UM News

Ret. Admiral James Stavridis delivers the Cobb Leadership lecture. t

Ret. Admiral James G. Stavridis says security depends on building bridges, not walls.

CORAL GABLES, Fla. (November 14, 2014) — One of the most powerful leaders of the 21st century, Ret. Admiral James G. Stavridis, the former Supreme Allied Commander at NATO, told a rapt audience at Storer Auditorium Thursday that building bridges, not walls, is the key to a secure world.

“In the 20th century, when we wanted security, we built walls: the Maginot Line, the Iron Curtain, the Bamboo Curtain, the Berlin Wall. It failed,” Stavridis, now dean of The Fletcher School of Law and Diplomacy at Tufts University, said. “Bridges are the key to security in the 21st century.”

Stavridis was invited to the University of Miami to deliver this year’s Cobb Leadership Lecture, a series former Ambassador Sue Cobb established in 1986 as a 50th birthday gift to her husband, UM Trustee Chuck Cobb, also a former ambassador. Stavridis is also the author of The Accidental Admiral, which was published in October and details his time as NATO’s Supreme Allied Commander, a post previously held only by generals.

He began his talk by cataloging the many challenges world leaders face today, chief among them violent extremism. He noted that ISIS (the Islamic State in Iraq and Syria) now has an income of $2 million to $6 million a day, generated from selling looted antiquities, oil, human trafficking, and other crimes. Unlike previous violent extremists, ISIS is “a very sophisticated entrepreneurial enterprise,” he said.

He also cited cybercrime at every level, and the troublesome situations in Syria, the Ukraine, Iran, and North Korea. “North Korea has both weapons of mass destruction and the ability to deliver them far away. Like in Ghostbusters, those are two streams you do not want to cross,” he said.

Calling Asia “the dog that hasn’t barked” and a place that will continue growing in global importance, Stavridis noted that China and Japan now have a similar relationship to that of Germany and Austria in 1914.

Turning to the region around Florida, he said poverty and enormous inequality is the biggest challenge, leading the disenfranchised to gangs and spurring the cocaine industry, which finances corruption and violence and undermines democracy.

In the face of such seemingly daunting challenges, Stavridis succinctly summed up his advice for the next generation of leaders. “Listen,” he said. “So often we tend to leap into action before we listen, and listening matters in building bridges.”

He also offered the same advice he gives students at The Fletcher School: Use your time to “build intellectual capital. Use your time to learn,” he said. “Study languages. To know another language is to know another life. Read novels. They build intellectual capital of a different sort than what you get from reading non-fiction.”

Amid all the challenges, Stavridis also detailed opportunities. “The United States still has a profoundly important role to play,” he said. “We have a strong economy, strong military, expanding demographics and are on our way to energy independence. It will take leadership to continue playing that role.”

And it takes leadership to build coalitions, which he asserted, really matter. Unilateral actions often fail, but NATO and coalitions like the one in Afghanistan are important because, after all, they build bridges.

“We are great at launching missiles; we need to get better at launching ideas,” Stavridis said. “Our opponents are innovators. They wake up every morning looking for ways to improve their margin and do better. We need to take our good ideas as leaders and move them on social networks, not just in traditional ways. We need to collaborate. No one of us is as smart as all of us thinking together.”

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Neurofinance Lab Will Explore Physiological Aspects of Decision-Making

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Neurofinance Lab Will Explore Physiological Aspects of Decision-Making


By Jill Schoeniger
Special to UM News

Neurofinance.labCORAL GABLES, Fla. (November 4, 2014)—People make financial and business decisions for many reasons, and researchers are always looking for new ways to predict and understand their behavior. The emerging fields of consumer neuroscience and neurofinance seek to examine the physiological aspects of such decision-making, and the School of Business Administration is expanding its research into these fields.

Milica Mormann, who recently joined the finance department as a research assistant professor, is spearheading the creation of a  neurofinance lab at the school. The lab will  enable faculty and students to add another layer to their research, by exploring how physiological aspects factor into the final behavioral choices that people make.

“Instead of just using traditional surveys and asking people what they do, we can now do eye tracking, where we look at where their eyes move as they look at a page to see exactly what they focus on. We will also have an EEG machine, so we can get brain-activity measurements,” explained Mormann, whose interdisciplinary research focuses on consumer behavior, financial decision-making, and environment-related decisions.

In addition to stationary and mobile eye trackers and the EEG system, the lab will have facial expression analysis software, which records a person’s face and then analyzes her reactions while processing information.

Mormann also organized a Consumer Neuroscience Symposium, hosted by the school on September  25, which drew more than 90 scholars from top research institutions across the globe with diverse backgrounds, including economics, psychology, neuroscience, medicine and finance. Attendees examined the current knowledge at the intersection of consumer research and neuroscience.

The breadth and depth of this emerging field were on display in the panel discussion “Big Picture: What Can Neuroscience Offer to Consumer Research?” which Mormann moderated. It featured Colin Camerer, a professor at Caltech and recipient of a 2013 MacArthur Foundation “genius award”; Scott Huettel, director of the Center for Cognitive Science at Duke University; and Wes Hutchinson, director of the Wharton Behavioral Laboratory at the University of Pennsylvania.

“Neuroscience is not going to replace traditional methods” of consumer research, Huettel told the audience. “We think of neuroscience as something that accompanies traditional methods. … Neuroscience can speed the pace of discovery.”

The school’s neurofinance lab is already off to an auspicious start with an exciting lineup of projects. For instance, Mormann will study how people process information related to financial institutions and how this information affects their choices—such as whether to invest in a retirement fund.

“When I first worked on these issues at Caltech, eye tracking was largely considered the exclusive domain of vision scientists,” Mormann says. “Today, most of the top research schools have embraced its interdisciplinary potential and are setting up eye-tracking labs or neuroscience labs. The deans and many of my colleagues were interested in getting a similar lab started here.”

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Master’s in Business and M.B.A. Preview on November 22


Join the School of Business Administration for a half-day information session on the school’s master’s programs in accounting, business analytics, economics, finance, international business, and taxation on Saturday, November 22, from 9 a.m. to 1 p.m. at the Newman Alumni Center, 6200 San Amaro Drive, Coral Gables campus. Talk one-on-one with current graduate students about their experiences, and meet the graduate business admissions team. Hear about the Ziff Graduate Career Services Center, which is dedicated to our graduate business students, and take advantage of the opportunity to network. Breakfast and lunch will be provided. To register for the event, visit www.bus.miami.edu/graduateprograms.

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