deans report 2015-2016
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DEAN’S REPORT
ISENBERG SCHOOL OF MANAGEMENT 2015 - 2016
ISENBERG SCHOOL OF MANAGEMENT | UNIVERSITY OF MASSACHUSETTS AMHERST | WWW.ISENBERG.UMASS.EDU
1 | FACULTY
From the Dean
Undergraduate Success
Graduate Success
Faculty
Berthiaume Center
Student Leadership
Alumni Engagement
B-School Comparison
A New Addition
Driving the Driven
TABLE OF CONTENTS
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FROM THE DEAN | 2
We’ve worked hard over the past several years to become one of the best public business programs in the country. Our growing national stature continues to attract top faculty talent and an excellent student body. Our entire community is driven to make Isenberg a truly iconic business school.
From the Dean
• Our undergraduate population has grown by almost 1,000 students since 2005–nearly 20% of all UMass Amherst grads–and our incoming students are more accomplished than ever. We are a bona fide destination of choice for top students from Massachusetts and beyond.
• Our new 72,000 square-foot addition adjacent to our building will be open for business in the spring of 2019. It will raise the bar in preparing our students through modernized educational facilities, expanded ca-reer development opportunities, and new space and technology designed to promote hands-on learning and interactions with business leaders.
• Great business schools are great because of their alumni. We are focusing with renewed energy on engaging our outstanding 43,000 member-strong alumni community. Our many initiatives include more engagement in the classroom, creating a connected community through more high-profile events, and increasing mentoring opportunities.
• Graduate programs are a continued source of pride– from our thriving online and part-time MBA programs ranked among the best in the world, to our unique fully funded residential MBA program.
• Outstanding faculty and aca-demic programs are what drive us. The growth in our student population necessitates our continued investment in faculty and academic offerings. Our vision, culture, and growing stature are attracting faculty talent from the best institutions in the world. In 2015-2016 alone, we welcomed 14 faculty members, including two new endowed position holders.
Mark A. Fuller, PhD Dean, Isenberg School of Management Thomas O’Brien Endowed Chair
Sincerely,
3 | UNDERGRADUATE SUCCESS
#1 Public Business School in the Northeast!*
The spectacular rise of Isenberg’s reputation and brand is evident in Bloomberg Businessweek’s cur-rent undergraduate business school rankings. In the Businessweek survey, Isenberg ranked first and 11th among public business school programs in New England and the nation. Among all business schools in the nation, Isenberg ranked 33rd.
*According to 2016 Bloomberg Businessweek Undergraduate Business School Rankings
BEST PUBLIC BUSINESS SCHOOL IN THE NORTHEAST
BEST ON RECRUITER SURVEY AMONG PUBLIC UNIVERSITIES
BEST PUBLIC BUSINESS SCHOOL (#33 OVERALL)
#
#
#
Volunteer68%
/
$55,000Average starting salary Average outstanding debt
$16,696
90%3.92
1291
Would recommend Isenberg to a friend
70%Participate in a field placement
80%Participate in a student club
Employment by Function
#27#30#20
#14#11
#33#36
#78
#45
#72
#64
#36 #36
#23
#60
#39#32
#13#6
#68
#23
#11 #32
#17#13
#9
#59
#22#16
#28
Part-Time MBA Program Ranking
Ranked 11th Overallin recruiter satisfaction
90%
#1 Most Improved Undergraduate Business School
2010 - 2014
2010
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90
2011 2012 2013 2014 2016YEARRANK
ING
Overall *2015 ranking not conductedAmong public universities-
*
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2011 2012 2013 2014YEARRANK
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OverallAmong public universities-
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2013 2014 2015YEARRANK
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OverallAmong public universities-
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2013 2014YEARRANK
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OverallAmong public universities-
2015 not ranked due to program size
#28#30#26
#60#57
#51
Full-time MBA Program Ranking
High school GPA
AverageSAT score
Employment by Industry
Business School Rankings Employer Survey of Recruiter Satisfaction
Placement Rate3 months out for BBA Class of 2015
Media/Entertainment
Pharma/Biotech/Healthcare
Manufacturing
Other
Marketing/Sales
Operations/Production
Consulting
General Management
Other
TH
BESTOnline MBA Program
14%14%
14%
38%
20%
Largest program among top 20 AACSB accredited programsUSN Online MBA 2015 Ranking
21%21%
14%
44%
US News & World Report, 2015
Online MBA Program
11Financial Times, 2015 Ranking
Rankings graphic showing that we are now #33 best bschool overall and #11 public
UNDERGRADUATE SUCCESS | 4
Recruiting the Best Students
Isenberg’s growing prominence among business schools can be witnessed in the types and number of students who apply
SAT Scores up 50 points in 5 years
1200
1220
1240
1260
1280
1300
20132011 2015
to our program. Each year our freshman class is the most accomplished in the school’s history. They join Isenberg with high school grade point averages of 3.9 and SAT scores averaging 1279. A 49% increase in applicants since 2010 attests to soaring demand for Isenberg.
UG applications since 201049% 50% 3.94Honors Students from 371
students in 2010 to 558 in 2015
←
Average GPA Among incoming BBA Students
5 | FACULTY
Ensuring UndergraduateSuccess
EXAMPLES OF COMPANIES THAT HIRE OUR GRADS
We are preparing our students for successful careers with insights from career-focused courses and a wealth of other resources–including new innovative technologies coordinated by our career center.
92PLACEMENT RATE
BBA ‘15, 3 months out$55MEDIAN STARTING SALARY
k
CURRICULAR INNOVATIONS
Dean’s Freshman Leadership SeminarAs an early touchpoint, this course gives students the opportunity to start their Isenberg career with guidance from Dean Fuller, alumni visitors, and senior-year mentors, who underscore the value of multiple internships and Isenberg’s extensive career development resources.
Sophomore Career Course A roadmap for professional development success that helps students deploy technologies and people skills in resume building, networking, interviewing, and searching for jobs and internships.
CHASE CAREER CENTER
Optimal Resume and Optimal Interview Tools Technology-based tools that help students develop resumes and improve interview skills (Made possible through a generous gift by Beth Gamel ’79.)
IsenbergWorks An interactive job and internship board designed for Isenberg students
5 | UNDERGRADUATE SUCCESS
FACULTY | 6UNDERGRADUATE SUCCESS | 6
GRADUATE PROFILE
Stephanie Berenson ‘16 When Stephanie Berenson ’16 joins Vistaprint after graduation, the company will welcome one of Isenberg’s most driven achievers. A dedicated recruiter of Isenberg students, the business employs mass customization in generating marketing and promotional materials for its customers. Stephanie, a dual marketing and journalism graduate, will work as a marketing specialist. It’s a win-win opportunity, road-tested by her two summers of internships with the company.
Last summer, Stephanie interned with Vistaprint departments devoted to campus recruiting, employee operations, brand management, and human resources. A year earlier, as a brand intern with Vistaprint’s HR and recruiting team, she analyzed social media metrics and contributed to a recruiting web site and Twitter account.
In recruiting, Vistaprint emphasizes interviews that ask applicants to solve case-based business problems. To prepare Isenberg students for those interviews, Stephanie, in her senior year, helped Vistaprint organize a workshop at the Chase Career Center. In March, she aced the Vistaprint interview herself, which led to her subsequent job offer.
Before graduation, Stephanie was honored with an Isenberg Senior Leadership Award and was Senior Class Speaker at Isenberg’s Senior Celebration on graduation weekend.
In speaking to her classmates, she emphasized the value of the Isenberg experience: “Being part of this community has been one of the best things to ever happen to us!”
7 | GRADUATE SUCCESS
Two Programs, One MBA
The Full-time MBA program offers a collaborative culture that includes group consulting assignments that emphasize team problem solving. The curriculum can be focused in business analytics, finance, marketing, health care administration, sport management or entrepreneurship.
The Isenberg MBA has been redesigned to bring together the best of the Full-time and Online/Part-time MBA experiences.
Isenberg’s Online/Part-time MBA continues to be highly ranked and attract exceptional profes-sionals into the program. Even as one of the largest online programs in the country, Isenberg has been able to maintain a small-community feel and continues to work towards offering more in-person opportunities for this student population.
REDESIGNING THE FULL-TIME MBA
All accepted students are
awarded a 2-year Isenberg MBA Fellowship that includes full-tuition, an annual stipend and health care. In return, students work on real business problems and strategic initiatives for the school, gaining valuable, hands-on experience and marketable skills.
Isenberg MBA Fellowship
Full-time MBA in the nation among public universities
US News & World Report, 2017
UMass Amherst's Net
Impact is a Gold Standing Chapter
ISENBERG
www.isenberg.umass.edu/mba
AACSB accredited and
awarding MBAs since 1963
Companies that have hired recent alumni:Ford MotorsKaiser PermanenteKPMGMassMutualMorgan StanleyUTC Aerospace Systems
WHO WE ARE: WHAT WE OFFER:
All accepted students are awarded a 2-year Isenberg MBA Fellowship that includes full-tuition, an annual stipend and health care. In return, MBA Fellows get valuable hands-on experience and marketable skills while working on real business problems and strategic initiatives for the school.
34%
Undergrad degrees: Humanities & Social Science and Business – each at 30%
ISENBERG MBA
Fellowship
4.25 Average years work experience
International (16 countries represented in the program)
32%
28 639Average GMATClass of 2017
Average ageClass of 2017
6,391 Total alumni
Focus Areas:EntrepreneurshipFinanceHealthcare AdministrationMarketing Sport Management
Dual degress:MBA/MS in EngineeringMBA/MS in Public Policy & AdministrationMBA/MS in Sport Management
THE
Selectivity35% Female
MBA with Lowest Student Debt
U.S. News & World Report, 2016
BEST25 TH
TOP
Full-time MBA in the nation among public universities
US News & World Report, 2017
UMass Amherst's Net
Impact is a Gold Standing Chapter
ISENBERG
www.isenberg.umass.edu/mba
AACSB accredited and
awarding MBAs since 1963
Companies that have hired recent alumni:Ford MotorsKaiser PermanenteKPMGMassMutualMorgan StanleyUTC Aerospace Systems
WHO WE ARE: WHAT WE OFFER:
All accepted students are awarded a 2-year Isenberg MBA Fellowship that includes full-tuition, an annual stipend and health care. In return, MBA Fellows get valuable hands-on experience and marketable skills while working on real business problems and strategic initiatives for the school.
34%
Undergrad degrees: Humanities & Social Science and Business – each at 30%
ISENBERG MBA
Fellowship
4.25 Average years work experience
International (16 countries represented in the program)
32%
28 639Average GMATClass of 2017
Average ageClass of 2017
6,391 Total alumni
Focus Areas:EntrepreneurshipFinanceHealthcare AdministrationMarketing Sport Management
Dual degress:MBA/MS in EngineeringMBA/MS in Public Policy & AdministrationMBA/MS in Sport Management
THE
Selectivity35% Female
MBA with Lowest Student Debt
U.S. News & World Report, 2016
BEST25 TH
TOP
Full-time MBA in the nation among public universities
US News & World Report, 2017
UMass Amherst's Net
Impact is a Gold Standing Chapter
ISENBERG
www.isenberg.umass.edu/mba
AACSB accredited and
awarding MBAs since 1963
Companies that have hired recent alumni:Ford MotorsKaiser PermanenteKPMGMassMutualMorgan StanleyUTC Aerospace Systems
WHO WE ARE: WHAT WE OFFER:
All accepted students are awarded a 2-year Isenberg MBA Fellowship that includes full-tuition, an annual stipend and health care. In return, MBA Fellows get valuable hands-on experience and marketable skills while working on real business problems and strategic initiatives for the school.
34%
Undergrad degrees: Humanities & Social Science and Business – each at 30%
ISENBERG MBA
Fellowship
4.25 Average years work experience
International (16 countries represented in the program)
32%
28 639Average GMATClass of 2017
Average ageClass of 2017
6,391 Total alumni
Focus Areas:EntrepreneurshipFinanceHealthcare AdministrationMarketing Sport Management
Dual degress:MBA/MS in EngineeringMBA/MS in Public Policy & AdministrationMBA/MS in Sport Management
THE
Selectivity35% Female
MBA with Lowest Student Debt
U.S. News & World Report, 2016
BEST25 TH
TOP
CONTINUING THE ONLINE/PART-TIME MBA LEGACY
ISENBERG
AACSB accredited and awarding MBAs since 1963
570 36
WHAT WE OFFER:WHO WE ARE:
12 Average years’ work experience
of all MBA students are physicians27%
49%
Offering 100% online classes since 2001
5 Dedicated advisors available to all students
MBA students come from all 50 states
Best Part-time MBA NationallyUS News & World Report, 2017
Best Online MBA Nationally US News & World Report, 2016
Average GMAT of incoming class
of all MBA students hold
advanced degreeswww.isenberg.umass.edu/mba
ONLINE & PART-TIME
Average age of incoming class
6,391Total alumni
THE
Best Online MBA Worldwide5th Best NationallyFinancial Times, 2016
TH
6TH BEST Online MBA under $50,000
The Best Colleges, 2015
TH
TH
93% of graduating students highly recommend Isenberg
- Financial Times, 2016BEST PART-TIME MBA
BEST ONLINE MBA WORLDWIDE
- U.S. News & World Report, 2017
- U.S. News & World Report, 2016 - U.S. News & World Report, 2017
MBA WITH LOWEST STUDENT DEBT 4.25
12
49%
Average years work experience
Average years work experience
of all MBA students hold
ADVANCED DEGREES
FULL-TIME PUBLIC MBA-RECRUITER
SURVEY
thth
GRADUATE SUCCESS | 8
Benjamin Joiner ‘16
MBA candidate Benjamin Joiner ’16 had a full-time job offer at MassMutual after completing his first year in the two-year Full-time MBA program. Benjamin didn’t have to wait to complete the final year of the program to start his new career though. With Isenberg’s newly rede-signed curriculum that works to bridge the gap between the full-time and online programs, students like Benjamin who are enrolled full-time, have the option to finish their degree by attend-ing classes online or at one of our satellite locations. This opportunity allowed Benja-min to get a jumpstart on his career while finishing up his degree and staying connect-ed to his full-time classmates.
Benjamin didn’t have to
wait to com-plete the final
year of the program to
start his new career.
- U.S. News & World Report, 2017
GRADUATE PROFILE
Building Our Talent Pool
Our faculty is Isenberg’s greatest resource. That’s why we continue to invest in our human capital by recruiting thought leaders in areas like business leadership, sport management, alternative investments, quality management, large-scale networks, organizational change, and behavioral accounting. This year, Isenberg added eleven new faculty members and lecturers to an already accomplished community of researchers, practitioners, teachers and mentors. They are proof positive that we continue to invest in the best and brightest.
GINNIE GARDINER Lecturer Finance
Research Interests: Real Estate, agency theory, personal finance
PhD, Business Administration, The University of Georgia, 1988
MATTHEW P. LINN Assistant Professor Finance
Research Interests: Empirical and theoretical asset pricing, financial econometrics, options, credit risk
PhD, Finance, Ross School of Business, University of Michigan, 2015
PhD, Statistics, University of Michigan, 2009
YAO YU Assistant Professor Accounting
Research Interests: Behavioral accounting, investor judgment and decision making
PhD, Accounting, Nanyang Technological University, 2015
AMBER G. YOUNG Assistant Professor Operations & Information Management
Research Interests: Online identity management, social media
PhD, Management Information Systems, University of Oklahoma, 2015
9 | FACULTY
MICHELE BURCH Lecturer
Operations & Information Management
Research Interests: Lean systems, continuous
improvement, idea systems, employee involvement
PhD, Management Science and Organizations Studies, Isenberg School of Management, UMass
Amherst, 2008
MATTHEW GLENNON Lecturer
Marketing
Industry Experience: Sales, account management, product management,
upper-level management
MBA, Isenberg School of Management, UMass
Amherst, 2003
RENEE PRATT Assistant Professor
Operations & Information
Management
Research Interests: Diffusion of IT in
healthcare, innovation
PhD, Management Information Systems,
Florida State University, 2009
JEREMIAH W. BENTLEY Assistant Professor
Accounting
Research Interests: Self-deception
and operational reporting distortion
in accounting
PhD, Accounting (Management), Cornell
University, 2016
MATTHEW KATZ Assistant Professor Sport Management
Research Interests: Fan communities,
fan social networks, the socialization
of new fans
PhD, Sport Management, The
University of Texas at Austin, 2014
ELIZABETH B. DELIA Assistant Professor Sport Management
Research Interests: Sport consumer behavior,
branding, sponsorship, qualitative methods
PhD, Sport Management, Florida State University, 2015
E. NICOLE MELTON Assistant Professor Sport Management
Research Interests: Diversity and
inclusion in sport
PhD, Kinesiology emphasis Sport Man-agement, Texas A&M
University, 2012
NE
W F
AC
ULT
Y
11 | FACULTY
David Lepak Berthiaume Endowed Chair of Business Leadership & Professor of Management
Traci J. Hess Berthiaume Professor of Information Systems, Operations & Information Management
Traci Hess is an international authority in human-computer interactions. She is a frequent contributor to her discipline’s top journals and is Associate Editor of MIS Quarterly and Senior Editor of AIS Transactions on
David Lepak’s innovative research focuses on the strategic management of human capital and human resource management practices and strategies. He has published widely in key journals, including Academy of Management Journal, Journal of Management, and Journal of Applied Psychology.
David seeks to understand how human resource innovations yield successful and unsuccessful outcomes for employees and their companies.
Management and Labor Relations. He chairs the HR Division of the Academy of Management, has been Associate Editor of the Academy of Management Review, and is Editor-in-Chief of the International Journal of Human Resource Management.
Human-Computer Interaction. She has been honored with Isenberg’s Outstanding Research and Research Excellence awards.
At Isenberg, Professor Hess is coordinator of her department’s Information Management initiatives, including its Ph.D. program in Information Management. She is principal architect of a curriculum that
Berthiaume Endowed Faculty
Thanks to the generosity of Douglas ’71 and Diana Berthiaume, these endowed positions allow us to attract and retain leading scholars and educators in a com-petitive environment.
David teaches human resource management to undergraduates and MBA students and organization theory and strategic human resource management to Ph.D. students. In both teaching and research, David seeks to understand how human resource innovations yield successful and unsuccessful outcomes for employees and their companies.
David has been Associate Dean and Chairperson of the HR department at Rutgers University’s School of
Alumni Gift Pays
Dividends
is graduating Isenberg students with Enterprise Resource Planning (ERP) and analytics skills. Professor Hess serves on the steering committee for the campus-wide IT minor at UMass Amherst, an increasingly popular option for Isenberg students. She has also excelled as an educator in the R1 campus’s Business Certificate Program for Scientists and Engineers.
FACULTY | 12
New Leadership
A Clinical Associ-ate Professor in Entrepreneurship, Charles Johnson is Associate Director for Mentorships and New Venture
Services with Isenberg’s Berthiau-me Center for Entrepreneurship. A partner with Choate, Hall & Stewart LLP in Boston, Mr. Johnson draws on 32 years as a corporate lawyer in his course, New Venture Financing. He is also marshaling his extensive network of contacts in Greater Boston’s business community to forge mentorship relationships for Isenberg and UMass students with experienced entrepreneurs.
Charles J. Johnson Associate Director
A lecturer in Management and Strategy, Birton Cowden is Associate Director of Isenberg’s Ber-thiaume Center for
Entrepreneurship. Dr. Cowden teach-es courses in entrepreneurship and strategy and his research explores disruptive innovation, entrepreneur-ship, and other topics.
Through the Berthiaume Center, Dr. Cowden is creating and implement-ing a curriculum and extracurricular activities that are energizing an entrepreneurial culture at Isenberg and UMass.
Birton Cowden Associate Director
The Berthiaume Center was named the Outstanding Emerging Entrepreneurship Program 2016 by the USASBE.
Shiri Dori-HacohenComputer Science Ph.D.
Automated Controversy Detection
$35,000 INNOVATION CHALLENGE WINNER
Berthiaume Center for EntrepreneurshipIn less than two years, this cross-campus resource–headquartered in the Isenberg School of Management–has become the hub of entrepreneurial activity on campus and throughout the region.
23 Events
2015 - 2016
$95kAwarded
Ventures Assisted
40+
Fi
rst Place
INNOVATION CHALLENGE
WINNER
BERTHIAUME CENTER
13 | NETWORK AT WORK
Student Leadership Drives Networking Success
WOMEN OF ISENBERG CONFERENCEWomen bring strong
collaborative assets to teams that help solve problems for clients.
“It’s great to have a plan, but it’s far more important to figure out your passion and the steps to achieve it,” observed HTM alumna Laurie Stroll ’83, who excelled as one of two keynote speakers at the third annual Women of Isenberg Conference on February 28th. The event’s second keynoter, Kate Edwards ’89, offered additional food for thought: “Female teams,” she said, “excel in relational leadership. It’s one of our strengths. We love to connect.”
Coordinated by the Isenberg student group Women in Business, the event attracted 310 attendees to a full day of speakers, panel discussions, and networking. The conference, in UMass Amherst’s Campus Center, included a lunchtime networking panel, followed by a Career Reception, where students explored career and internship oppor-tunities with the event’s sponsors.
RD ANNUAL
Central to Isenberg is a culture of strong stu-dent-led initiatives that originate from the leaders of our 30+ active student organizations. One example of these initiatives is the Women of Isenberg Conference. Established in 2014 by Isenberg Women in Business (in collaboration with the Undergraduate Programs office, Chase Career Center, and the Development office) the conference has grown to become one of the school’s highest profile events.
3
In May of 2015, Laurie Stroll and her destination management firm, Newport Hospitality, produced 65 events and handled hospitality for 2,000 visitors at the only American stopover of the iconic Volvo Ocean Race. “To accomplish that, our full-time staff of 7 mushroomed to 74,” recalls Laurie. “We did almost two years of business in ten days.”
Laurie’s prowess in planning and improvising dates to her UMass years, when as a single mother, she doggedly succeeded both as a parent and hospitality student. “My first and only goal was self-sufficiency,” she confesses. After graduation, she diversified her skill set in the hotel business before joining and eventually pur-chasing Newport Hospitality. Her message to Isenberg students: “Build your own personal and business brands, cultivate a positive Yes I Can! attitude, and don’t let others define you.”
The panel discussions featured graduates and other industry professionals, and Isenberg professors. The agenda included leadership styles, negotiating, sustainability and social responsibility, media literacy, entrepreneurship, managing personalities, technology, social media, hospitality, and concerns of young professionals.
Women prefer collaborative leadership styles that sometimes incorporate more traditional elements, noted participants. “You want to build a team of people not like you,” one panelist insisted. Learn from best practices and bad leaders as well, said another. Ultimately, you must resonate as authentic and supportive, panelists agreed.
Examples of Other Student-Run Initiatives and Organizations
• Association of Latino Profes-sionals for America (ALPFA)
• HTM Career Day• The Hult Prize @ UMass• Investment Pitch Conference• Isenberg Citizens First• Marketing Career
Networking Night• McCormack Future Industry
Leaders Conference
Panels devoted to negotiating emphasized its value as a learned skill that improves with practice, preparation, and self-confidence. Negotiation calls for assertiveness, active listening, and problem-solving skills. You need to empathize and see a problem from different perspectives.
“If you don’t have a technical background, viewing technolo-gy as problem solving makes it easier to understand,” advised a panelist. Women bring strong collaborative assets to technology teams that help solve problems for customers and clients, panelists agreed. “Remember,” a panelist emphasized, “in any technol-ogy or business setting, you deserve to be there as much as everybody else!”
Laurie Stroll ‘83
SAVE THE DATE: February 25, 2017 2017 Women of Isenberg Conference
2016 WOI SPONSORS:
ALUMNI PROFILE
• McCormack Sport Management Career Fair
• Minutemen Equity Fund• National Association of Black
Accountants• Soccerfest • Undergraduate Consulting
Group• Volunteer Income Tax
Assistance Program (VITA)
15 | ALUMNI ENGAGEMENT
Executives in the ClassroomEach semester, scores of alumni and other business professionals visit Isenberg to impart a practitioner’s-eye-view of the business world. In the classroom, as panelists, and as mentors, these business leaders make an indelible difference in the lives of our students.
1 2
3
1. Victoria Vega ’88 Division Vice President Unidine’s Corporate & Education Culinary Groups
2. Gary Cameron ‘89 Managing Director (retired)JP Morgan Chase
3. Matt Powers ‘08 General Manager, CT Uber Technologies, Inc.
4. Brian Tino ‘11 Enterprise Account Executive, InVisionApp, Inc.
5. Beth Gamel ‘78 MS Managing Director, Argent Wealth Management
6. Michael Philipp ’82 MBA Chairman and Management Partner, Ambata Capital
7. Marc Schneider ‘81 CEO, Kenneth Cole
8. Wayne Chang Entrepreneur and Dir. of Product Strategy, Twitter
ALUMNI VISITORS (Not Pictured)
Eric Ashman ‘90 President of Media Thrillist Media Group
Douglas Berthiaume ‘71 Chairman, Waters Corporation
Susan Callender ‘86 Owner, Oh My Gauche!
Mike Chludzinski ‘92 Sr. Director of Business Transformation, Philips
Vivek Paul ‘82 MBA Founder of KineticGlue; Former CEO of Wipro Technologies
Cecilia Shea ‘83 Chief Information Officer, SABIC Innovative Plastics
Pat Whelan ‘80 CEO, HavenBrooke Homes
Judd Zebersky ‘90 CEO & Founder, Jazwares
PICTURED ABOVE
For more alumni news and profiles visit Isenberg.umass.edu/alumni-news
ALUMNI ENGAGEMENT | 16
ED SHIRLEY ‘78 CEO & President (retired) Bacardi Limited
When the Kraft family negotiated naming rights to its new stadium in 2002, Ed Shirley ’78 was Gillette’s point person. Frustrated with the intransigence of dueling lawyers, the Senior VP of Global Marketing for Gillette ultimately proved persuasive: “Not getting the deal done is not an option!”
4 5
6 7
8
An Isenberg accounting graduate who embraced marketing and strategy, Ed stood for pragmatism and adaptability throughout his career. Both were evident in his role as a change agent as Vice Chairman of Procter & Gamble’s $38 billion global beauty business. And as CEO of Bacardi, he
drove a worldwide marketing campaign that emphasized the Bacardi family’s history. Reflecting on those and other challenges, Ed tells it like it was: “I wasn’t daunted. I was driven.”
Read more about Ed Shirley at isenberg.umass.edu/ed-shirley
17 | FACULTY
Isenberg Day at Gillette Stadium
Isenberg Day at Fenway
Bernard Lee ‘11 MBA speaks at the 2015 IBLA
Boston Alumni Night
HTM NYC Alumni Event
Alumni Night at Top of the Hub in Boston
17 | ALUMNI ENGAGEMENT
ALUMNI ENGAGEMENT | 18
“This evening is a celebration of our alumni and a fantastic oppor-tunity for networking,” Dean Mark
Fuller told 300 alumni and friends of Isenberg at the third annual Isenberg Business Leadership Awards banquet at the Colonnade Hotel in Boston. He continued, “We are here to celebrate what we are and what we can be.” The event honored two distinguished alumni, Denise Coll ’75 and Bernard Lee ’11 MBA, both exemplars of business leadership and passionate involvement with Isenberg.
A graduate of Isenberg’s Hospitality & Tourism Management program, Denise Coll energized Starwood Hotels & Resorts’ North American Division as its President from 2007-2013. She began her 3+ decades in the hospitality industry in hotel operations, adding managerial challenges on the individual hotel, regional, and corporate levels. “Keeping engaged with students really motivates me,” she remarks. To that end, she has created scholarships, mentored students, and advocated networking, which she insists “can reflect your own long-term success.”
DENISE COLL ’75
Bernard Lee, a plastic and reconstructive surgeon at Beth Israel Deaconess Medical Center in Boston, joined Isenberg’s Online MBA program to gain facility with the “business of medicine.” “I was immediately able to use what I learned at Isenberg,” he notes. That included skills that helped him to increase productivity, reduce waste, and build more effective teams. He also learned to better negotiate changing relationships with patients and empower them through education and health literacy.
BERNARD LEE ’11 MBA
Boston Harbor Hotel, site of the annual HTM Awards Dinner.
STAY UP TO DATE on all upcoming Isenberg alumni events. Visit alumni.isenberg.umass.edu.
2015 IBLA at the Colonnade Hotel, Boston
An Increasingly Connected Alumni Community
Alumni events have recently expanded to include networking nights in both Boston and New York City; MBA alumni-specific events in Boston, Springfield, and Shrewsbury; as well as events tied to UMass Minutemen football and Red Sox games. These culminate in what continues to be the school’s premiere alumni event, the Isenberg Business Leadership Awards.
2015 IBLA HONOREES
2015 ISENBERG BUSINESS LEADERSHIP AWARDS (IBLA)
30,000,000
19 | B-SCHOOL COMPARISON
$31,061,074Total Endowment
$38,208,911Total Operating Budget
* Source: Isenberg undergraduate BBA and BS degrees awarded 2014, other data based on publicly available data for top 15 public business programs with PhD programs, as ranked by Businessweek.
**Does not include outstanding pledges and estate gift commitments.
What it Takes to be an Iconic B-School*
GRAPHICAL COMPARISON OF TOP PUBLIC BUSINESS SCHOOLS
as ranked in Bloomberg Businessweek 2016
0 100,000,000 200,000,000 300000000 400,000,000 500000000 600,000,000
0 30,000,000 60,000,000 90,000,000 120,000,000 150,000,000
OPERATING BUDGETS
1 2 3 4 56 7 8 9 10 11 12 13 14 15 16 17 18 19 20
1
2
3
4
5
7
8
9
10
11
13
14
0 500 1000 1500 2000
0 100,000,000 200,000,000 300000000 400,000,000 500000000 600,000,000
0 30,000,000 60,000,000 90,000,000 120,000,000 150,000,000
OPERATING BUDGETS
1 2 3 4 56 7 8 9 10 11 12 13 14 15 16 17 18 19 20
1
2
3
4
5
7
8
9
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11
13
14
0 500 1000 1500 2000
0 100,000,000 200,000,000 300000000 400,000,000 500000000 600,000,000
0 30,000,000 60,000,000 90,000,000 120,000,000 150,000,000
OPERATING BUDGETS
1 2 3 4 56 7 8 9 10 11 12 13 14 15 16 17 18 19 20
1
2
3
4
5
7
8
9
10
11
13
14
0 500 1000 1500 2000
Operating Budgets
Business School
School Endowments
UG Degrees
1 Indiana University | Kelley
2 University of Virginia | McIntire and Darden
3 University of Texas-Austin | McCombs
4 University of North Carolina-Chapel Hill | Kenan-Flagler
5 University of Michigan | Ross
7 Ohio State University | Fisher
8 Penn State University | Smeal
9 Michigan State University | Broad
10 University of Wisconsin-Madison
11 University of Mass-Amherst | Isenberg
13 University of Cal-Berkeley | Haas
14 University of Illinois at Urbana-Champaign
1
2
3
4
5
7
8
9
10
11
13
14
1
2
3
4
5
7
8
9
10
11
13
1430,000,000 60,000,000 90,000,000 120,000,000 200,000,000
5000
0 400,000,000
1,000 1,500
FINANCIAL SUMMARY FY 2015
State Support $16,399,246
Continuing & Professional Education: $11,011,794
Philanthropic Gifts** $2,265,082
Income from Endowment $947,541
ISENBERG DEGREES AWARDED
Total Graduate Degrees Awarded
457of UMass Amherst
graduating seniors are Isenberg students
18%Doctoral
9989Total Undergrad
Degrees Awarded
300 500 700 900 1100 1300 1500 170060
70
80
90
100
110
120
130
tenure
TOTA
L TE
NU
RE
STR
EA
M F
AC
ULT
Y
TOTAL UNDERGRADUATE DEGREES
2 University of Virginia | McIntire and Darden
9 Michigan State University | Broad
5 University of Michigan | Ross
13 University of Cal-Berkeley | Haas
11 University of Mass-Amherst | Isenberg
14 University of Illinois at Urbana-Champaign
1 Indiana University | Kelley
3 University of Texas-Austin | McCombs
7 Ohio State University | Fisher
4 University of North Carolina -Chapel Hill | Kenan-Flagler
10 University of Wisconsin-Madison
8 Penn State University | Smeal
FACULTY IS WHAT DRIVES THE STUDENT EXPERIENCE
Our team analyzed the total number of tenure stream faculty and com-pared it to total number of undergraduate degrees awarded for the top 15 public business schools in the U.S. with PhD programs. In order to stay competitive with our peers, Isenberg needs to attract more exceptional fac-ulty to keep pace with our ever expanding undergraduate population.
B-SCHOOL COMPARISON | 20
Fine Arts Center
Optional LabelKEY FEATURES
• $62 million project to add 70,000 sq. ft. (gross) of classrooms, labs and student-facing spaces
• Flexible design for growth to accommodate executive in residence programs and experiential learning.
• Includes 5,000 sq. ft. atrium/student commons that doubles as a cultural hub and event center.
• Groundbreaking for construction and site work starting summer 2016.
View design updates at: isenberg.umass.edu/construction
Hicks Design (Under
Construction)
Whitmore Administration
Haigis Mall
Isenberg
Open For Business: Spring 2019The first major construction project for the School of Man-agement since the Alfond addition in 2002 is well under-way. We’ve paired two outstanding architects– Boston-based Goody Clancy and Bjarke Ingels Group (BIG) of New York and Denmark–to complete a renovation and addition to the Isenberg building. The design team is working within the UMass Amherst master plan to create an exciting new visual identity and complement the Fine Arts Center and Haigis Mall.
Our new fundraising campaign creates even more opportunities for alumni and friends to support student success.
21 | A NEW ADDITION
A NEW ADDITION | 22
Total undergraduate enrollment has increased by over 47% since 2005.
New facilities will give our community the room we need to grow.
23 | DRIVING THE DRIVEN
Isenberg has had a unique culture and sense of community since it was founded in 1947. Words like tenacious, smart, resourceful, and resilient have been used to describe our 43,000 - strong community. Almost 70 years of academic rigor and thousands of faculty, staff, students and alumni have built Isenberg into the top school it is today.
Isenberg’s DNA is concerned with more than just business theory and business case studies.
© FORGE Worldwide 2015
WATCH & LEARN The Spirit of Isenberg video can be seen at www.isenberg.umass.edu/spirit-of-isenberg-video
WE DRIVE THE DRIVEN
Brand Campaign
Through market research and discussions with our students and alumni, we realized that at Isenberg we are concerned with more than just business theory and case studies. We also focus on the business of preparing students mentally and emotionally to succeed. By charging our students with real responsibility, our great expectations fuel great achievement and create a strong network of successful alumni. At Isenberg, students, faculty, and alumni with incredible drive are driven even further.
WE DRIVETHE DRIVEN.TM
WE EXPECT A LOT FROM OUR STUDENTS.
THEY EXPECT EVEN MORE FROM THEMSELVES.
TM
27 | FACULTY
Isenberg School of ManagementUniversity of Massachusetts, Amherst www.isenberg.umass.edu
Founded in 1947, the Isenberg School of Management on the Univer-sity of Massachusetts flagship Amherst campus has 43,000 alumni in 86 countries. Isenberg offers its AACSB-accredited courses to 4,800 stu-dents on campus, online, and in blended formats. The School’s 3,800 undergraduates major in seven business disciplines, including industry specialties such as Hospitality & Tourism Management and Sport Man-agement. Isenberg’s 1,400 MBA students can pursue a general MBA or focus on Healthcare Administration, Entrepreneurship, Finance, Market-ing or Sport Management. In addition, Isenberg offers the PhD degree in seven different concentrations.