Showing posts with label MBA. Show all posts
Showing posts with label MBA. Show all posts

Sunday, February 5, 2012

52 MBA Apps REJECTED by UCLA for Plagiarism

Ace! NewsFlash 


UCLA’s Anderson School of Management said that it has rejected 52 MBA applicants in the school’s first and second admission rounds for plagiarizing their their MBA application essays. In an interview with PoetsandQuants, Senior Associate Dean Andrew Ainslie said the school’s admission office detected 12 plagiarists in its first round and 40 more in the second round.
Rather than confront the applicants with the issue, the school chose to simply ding them. “We just reject it,” Ainslie told P&Q. “I don’t want to enter that conversation. All I would be doing is to allow them to compound one lie with another lie. I’m sure they’ll have stories for us.”
This is the first year the Anderson School began checking essay questions with anti-plagiarism software from a company called Turnitin. The software compares applicant essays to an archive of other writings. More than 100 colleges and universities are now using the software, including such graduate schools as Johns Hopkins, Brandeis, Northeastern and Iowa State. Staffers at Penn State’s Smeal College of Business two years ago discovered 29 essays about “principled leadership” that contained material lifted from the Web.
CONCERN OVER THE GROWING USE OF ADMISSIONS CONSULTANTS PROMPTED UCLA’S REVIEW
At Anderson, Ainslie said, the school decided to begin using the software due to the increased use of admission consultants and essay editing services for MBA candidates. “We’ve had a concern for awhile that there has been an increasing use of these so-called consultants who help applicants with their applications,” he added. “Many of these consultants are ethical and do the right thing. But quite a few of them either write the essays themselves or pull them out of catalogs.
“So our initial hypothesis was that the same essays would show up and be recycled by the consultants. What we actually found is just wholesale copying of massive chunks of stuff from websites or taking it out of articles or Wikipedia. Essentially, they (some MBA applicants) are just plagiarizing it. Our initial hypothesis is probably going to take longer to prove out. One of the great things Turnitin does is that once you put a document in, it becomes part of its database. After a few years, I think we might spot repeated use of these essays.”
REJECTING ALL APPLICANTS WHO PLAGIARIZE 10% OR MORE OF THEIR ESSAYS
Asked if there was a dividing line beyond which an applicant would be immediately rejected for admission, Ainslie said “we’re drawing a pretty conservative line. A minimum of 10% has to be plagiarized. If someone takes six lines out of a Tennyson poem and attributes it to Tennyson, we’re happy with that. But if 10% or more of the essay is plagiarized and not attributed, we’re turning down the applicant.”
So far, added Ainslie, between 1% and 2% of the applicant pool has been found to plagiarize material in their essays–well below the 4% to 5% rate at some undergraduate institutions that have used the software. ”So as bad as it sounds, it looks like we’re seeing less of this,” he said. “We’re making it a lot harder for people to pass off someone else’s intellectual property as their own. One of the strongest academic values we have is the value of intellectual property. The software gives us a real ability to detect violations of intellectual property.”
In one case, Anderson found an applicant who had taken 85% of his essay straight out of another source. All the applicant did to adjust the essay was to change the name of a country named in the essay.
Anderson’s new admission checking policy came to light yesterday (Jan. 31) in an article in The Los Angeles Times which reported on the first 12 candidates turned down in the first round. The reporting for the story apparently was completed before Anderson toted up its numbers for the second round.
“The more we can nip unethical behavior in the bud, the better,” Ainslie told the Times. “It seems to us nobody ought to be able to buy their way into a business school.”
In Anderson’s first review of essays from potential MBA candidates this year, “Turnitin found significant plagiarism — beyond borrowing a phrase here and there — in a dozen of the 870 applications, Ainslie said. All 12 were rejected.”
ONE MBA CANDIDATE COPIED A 2003 ESSAY PUBLISHED ON BUSINESSWEEK’S WEBSITE
One Anderson applicant apparently copied parts of a 2003 essay that had been written for Boston University’s MBA program and published on BusinessWeek’s website. The BU applicant wrote: “I have worked for organizations in which the culture has been open and nurturing, and for others that have been elitist. In the latter case, arrogance becomes pervasive, straining external partnerships.”
The Anderson MBA candidate used those identical words in an application essay describing his father. Wrote the applicant: He “worked for organizations in which the culture has been open and nurturing, and for others that have been elitist. In the latter case, arrogance becomes pervasive, straining external partnerships.”
According to the article, another Anderson applicant stole verbatim from the school’s website in citing “exceptional academic preparation, a cooperative and congenial student culture, and access to a thriving business community.”
Both candidates were among the dozen rejected by Anderson.
If plagiarists like that are denied admissions, future business leaders may include fewer unethical careerists, Ainslie told the newspaper. “If they are going to do that,” he said, “they are going to do it in every aspect of their lives.”

poets & quants, Feb 2012

 *** Ace! is a member of the EducationUSA global educational advising network affiliated with the Bureau of Educational and Cultural Affairs, U.S. Department of State. We provide free EducationUSA counseling services to students in the northern provinces of Thailand; our faculty of U.S.-trained Test Prep Experts can help you with cost-effective result-driven training programs for SAT-1, SAT-2, TOEFL, GRE, GMAT, GED, AP, IB, TOEIC, IELTS etc http://acethai.weebly.com ***

Tuesday, January 18, 2011

From dummy to high-flier, PRC executive has a lesson to share

Ace! NewsFlash

Having done poorly at school, it seemed Yu Zhibo was what most mainland Chinese parents fear, an academic failure for a child. Now 29, the Harvard MBA holder explains how moving to the United States to study let him explore his individuality and find his way, things he said he could not have done at home.

How badly did you do at school?

Here are two examples: when I was nine, I had to repeat grade three because I did so poorly in my studies after my family moved from Shanghai to Chengdu . Then, when I was at secondary school, my overall scores put me third from the bottom in my class.

Was that because you did not study hard enough?

I actually studied harder than any other classmate. In order to help me catch up in math, physics and chemistry, my parents once hired three after-school teachers. But every time I came across a math formula or the periodic table of elements, I told myself I would not want to see them again in my life. I liked geology and history and excelled at sports. But that counted for little in the way people looked at you.

How did you feel at the time?

Some of my classmates made fun of me as someone with a well-developed body but no brain. The pressure to perform well in science subjects in order to enter a university became so intense that I felt I could hardly breathe. I was so depressed that I was loath to study and wanted to run away.

What prompted you to go to the US?

It was a summer trip in 1996; I had the chance to live with an ordinary American family in Oregon for three weeks. What struck me most were small details in daily life. For example, I was driving with the mother one day when she stopped at a stop sign, even though there was no pedestrian in sight. Another time, she told me to pick up a Coke can I threw on the ground and reminded me it wasn't the right thing to do. I was very impressed and wondered how someone from a blue-collar family with not much education could care so much about the environment. Later I realised it must be the way people were taught. On the other hand, nobody asked how I'd scored in math or chemistry and I got the chance to play a lot. I had such a pleasant three weeks that two years later, I enrolled in an Oregon high school.

What were the highlights in your studies and work in the US?

I spent three months working on an Oregon farm after graduating from high school. There I had my first taste of the thrill and hardship of an American farmer. 
Inspired by what my father did in 2002 to promote Chinese literature studies via an international forum, I launched a Greater China Supply Chain Forum at Michigan State University. 
In 2004, I got my first job at Dell headquarters in Austin, Texas, and went on to study at Harvard. The Harvard offer did not come easy as I had to sit the GMAT three times. 
Now I'm a senior assistant to Yang Yuanqing , chief executive of Lenovo. The most important thing about studying in the US was that I felt I could decide what I wanted and what I enjoyed.

You have written a book referring to yourself as a boy who lost out at the starting line. Is there a "starting line" in a person's career or life and once you lose out at the beginning you lose all the way?

I do believe there is such a line, but what I don't share with many mainland parents is that there is more than one starting line in your life. For example, you will have a starting line at primary school and another one at secondary school, and even when you are 40 or 50. It depends how you look at your life. I didn't do well at primary and secondary schools, but it doesn't mean I will be at the losing end all my life. Every time you are back on your feet, it's a new starting line.

What would you tell mainland Chinese parents who are anxious about their children's future?

Do not give the children pressure, because it might force them to rebel or go to extremes. Parents should back off a bit to give a good analysis of the strengths and weaknesses of their children in order to nurture what they are good at, instead of forcing them to compete with others in what they are not good at. Secondly, parents should realize that they would take greater comfort in seeing their children do what they enjoy.

Some say mainland schools are like bird cages. What's your opinion?

I am even more critical than that. I see the mainland Chinese education system as a prison. It's like students are being locked up in a jail by their teachers and parents and made to do what they want them to do. Schools are pretty much controlled by the authorities and the public has little say in how they are run. I never felt I was studying for myself, and I believe I'm not the only one who feels this way. It speaks volumes when we see students burn their textbooks upon graduation.

SCMP 16 Jan 2011

*** Ace! is a member of the EducationUSA global educational advising network affiliated with the Bureau of Educational and Cultural Affairs, U.S. Department of State. We provide free EducationUSA counseling services to students in the northern provinces of Thailand; our faculty of U.S.-trained Test Prep Experts can help you with cost-effective result-driven training programs for SAT-1, SAT-2, TOEFL, GRE, GMAT, GED, AP, IB, TOEIC, IELTS etc http://acethai.weebly.com ***

Thursday, August 26, 2010

Dartmouth's Tuck B-School Scholarships & Fellowships

Ace! NewsFlash

Tuck School of Business at Dartmouth

Scholarships & Fellowships

Tuck scholarship awards are made possible through the generosity of Tuck alumni, corporations, and nonprofit foundations. Recipients will be notified at the time of their offer of admission to Tuck or in their financial aid award package. All applicants must complete an Application for Tuck School of Business Scholarships by the specified deadlines.
Need- and Merit-Based Scholarships
Tuck offers scholarships to U.S. and international students based on a combination of need and merit. Tuck scholarships range anywhere from $3,000 to full tuition. In assessing merit, Tuck considers a variety of factors including exceptional academic performance, leadership, professional accomplishments, service, and ability to contribute to the diversity of the Tuck community. Scholarships are automatically renewed in the second year, provided that a good academic record is maintained throughout the first year at Tuck. Students will be notified of the donor of their award after matriculation.
Consortium for Graduate Study in Management Fellowship
As a member of the Consortium for Graduate Study in Management, Tuck awards scholarships to students selected via the Consortium. Information about the consortium is available at www.cgsm.org.
Forté Foundation
Tuck is a proud member of the Forté Foundation, a consortium of educational institutions, businesses, and nonprofit groups formed to increase the number of women business owners and business leaders and to support their careers through business education and networks. Forté Foundation offers scholarship opportunities to women who are pursuing full-time MBA education. Exceptional women candidates who have been admitted to Tuck will be nominated for consideration for the Forté Foundation Scholarship by the director of admissions. No other application information is needed for the scholarship. You are encouraged to contact the admissions office if you are interested. More information about the Forté Foundation is available at www.fortefoundation.org.
Please see Online resources for additional outside scholarship opportunities.


*** Ace! is a member of the EducationUSA global educational advising network affiliated with the Bureau of Educational and Cultural Affairs, U.S. Department of State. We provide free EducationUSA counseling services to students in the northern provinces of Thailand; our faculty of U.S.-trained Test Prep Experts can help you with cost-effective result-driven training programs for SAT-1, SAT-2, TOEFL, GRE, GMAT, GED, AP, IB, TOEIC, IELTS etc ***

Tuesday, June 1, 2010

University of Akron Offers Business School Scholarships

Ace! NewsFlash

University of Akron College of Business Administration Offers Scholarships for Talented International Students

The University of Akron College of Business Administration offers numerous scholarships for undergraduate and graduate students, including full tuition scholarships. A high percentage of Fulbright applicants are admitted and receive these scholarships, valued up to $40,000/year. The GMAT may be deferred for Fulbright scholars. Students may be admitted on the condition that they take the exam within their first semester of study.

UA is proud to have hosted nearly 40 Fulbright, Amideast and USAID students in the past eleven years. They have studied masters’ degree programs in the areas of e-business, accounting, finance, management, international business, marketing, health care, supply chain, information systems, human resources and taxation. The Fulbright/Amideast and USAID students contribute to the growth of the rest of our student body and we contribute to their growth as individuals.

Akron was ranked one of the Princeton Review’s “Best 301 Business Schools” in 2010 and our undergraduate programs were ranked in the top 100 business programs in Business Week’s 2010 publication. UA is one of 167 business schools worldwide that has all of its programs, including Accounting, accredited by AACSB. We offer extraordinary opportunities to participate in hands-on, cross-functional, entrepreneurial team projects such as Austin BioInnovation Projects, Business Plan and Case competitions.

Akron is located in a hub of business activity with Fortune 1000 companies headquartered in the Akron area including The Goodyear Tire and Rubber Company, Progressive Insurance, Eaton Corporation, Parker Hannifin, Sherwin Williams, Key Corp., Timken, FirstEnergy, J.M. Smucker, A. Schulman, Lubrizol and Medical Mutual of Ohio. Top ranked Health Care Systems in our area include the Cleveland Clinic Foundation, University Hospitals of Cleveland, Rainbow Babies & Children’s Hospitals, Summa Health Systems, Akron Children’s Hospital and Akron General Medical Center

For more information on academic programs: www.uakron.edu/cba

For scholarship information: http://www.uakron.edu/cba/cba-home/student-resources/scholarships/index.dot

*** Ace! is a member of the EducationUSA global educational advising network affiliated with the Bureau of Educational and Cultural Affairs, U.S. Department of State. We provide free EducationUSA counseling services to students in the northern provinces of Thailand; our faculty of U.S.-trained Test Prep Experts can help you with cost-effective result-driven training programs for SAT-1, SAT-2, TOEFL, GRE, GMAT, GED, IELTS etc ***

Wednesday, April 28, 2010

Maryville University's Latest MBA & Graduate Programs

Ace! NewsFlash

MARYVILLE UNIVERSITY OF ST. LOUIS ANNOUNCES NEW MASTER'S PROGRAMS AND
MBA CONCENTRATIONS

Maryville University of St. Louis, fulfilling its mission to "provide
selective and cutting edge programs in the Arts and Sciences, Health
Professions, Education and Business", is happy to announce two new MBA
concentrations, two new Master programs and one new Doctoral program,
beginning Fall 2010.

The two new MBA concentrations are Sport and Entertainment Management,
and Process and Project Management. The two new Master programs are
Master of Arts in Organizational Leadership and Master of Arts in
Strategic Communication and Leadership. The new doctoral program is
the Doctorate of Nursing Practice.

To learn more about the Master of Arts in Organizational Leadership,
please use this link:
www.maryville.edu/academics-as-MA-Organizational-Leadership%20.htm

To learn more about the Master of Arts in Strategic Communication and
Leadership, please visit:
www.maryville.edu/academics-as-communications-ma-strategic-communication.htm

To learn more about the Doctorate of Nursing Practice, please visit:
www.maryville.edu/academics-hp-nursing-dnp.htm

For more information about these two concentrations, please visit:
www.maryville.edu/news7047.htm

For further inquires or questions, please contact the Office of
International Admissions at internationaladmissions@maryville.edu,
(314) 529-6857 or 800-627-9855

*** Ace! is a member of the EducationUSA global educational advising network affiliated with the Bureau of Educational and Cultural Affairs, U.S. Department of State. We provide free EducationUSA counseling services to students in the northern provinces of Thailand; our faculty of U.S.-trained Test Prep Experts can help you with cost-effective result-driven training programs for SAT-1, SAT-2, TOEFL, GRE, GMAT, GED, IELTS etc ***

Sunday, April 4, 2010

Young & Thai with 3 UCLA Computer Science degrees and an MBA, and a great Google job!

Ace! NewsFlash

Going places with Google

A young Thai talks about her passion for working for the search giant


Holding three degrees in computer science and a MBA from the University of California, Los Angeles (UCLA), young Thai Pachara Boriboon can work for any company, though she prefers Google because of its start-up feeling and culture.

Diana Skaar

Google's New Business Development manager, better known as Diana Skaar, recently visited Thailand to take a chance meeting with partners and engage with developers. Here she talked to Database about her life and work at Google's headquarters.

At kindergarten, Skaar had some learning difficulties due to her Thai language background, and from that point on her parents only spoke to her in English, but she could listen to them speak Thai. Because of that, Skaar wished she know more Thai. Her mother took her to a Thai temple and she took a Thai language course at university.

Skaar has three degrees from UCLA in Computer Science and a Master's in Computer Science as well as a MBA. She used to be a software engineer, and did coding at a start-up company in LA for six years.

During the dot-com bubble she worked full time as a technical lead at a start-up company. Skaar then went on to do web development. When websites started to develop complications, her computer science background really helped out. Skaar used to be a web developer and database administrator, coding in many languages including HTML and Java script. "I do coding for everything, from the back to the front end, because in a start-up company; you have to know everything," she said.

Her parents actually wanted her to be a doctor, so she studied biochemistry and trained herself to make web pages. She learned HTML, Java, Flash and animation whenever she had time. When she started studying computer science, Skaar realised that she really liked computer programming and she often spent time after class doing programs. From 1997-1999, during the dot-com boom, Skaar worked 20-30 hours a week at part-time jobs where she could make a lot of money. "I remember one three-day weekend, we had a project to build a Pacman video game from assembly language, which is a machine-level language. I spent three whole days programming the assembly language," said the 31-year old manager.

The young lady wanted people to take her seriously. Skaar looks young, but she has high aspirations, which is why she went back to school and only applied to UCLA because they have duo degree programs. She spent three years studying two programs. IBM provided her first work experience and the second internship was at Google. Skaar said that there were a couple of phone interviews before landing the internship at Google. When she got her internship, Skaar's goal was to do a very good job with a belief that there was no guarantee that she was going to get a full-time job.

Recalling when she was interning at Google, Skaar said it suited her approach. "I came from a start-up company, and one thing that impressed me is that while Google is a big company, they still retain a start-up feeling. If you have an idea, you can do it," she said. "Google has a culture where they encourage staff to spend like one day a week to just play around with technology and work on something that they think is completely different, or cool. That's why new products are always coming up. "If you think that something is really cool, you could leverage Google's resources to build it. At Google, it's all about the trust that you manage your time, as long as you get your job done, you are free to take on any projects that you want. Most employees are also excited about the side projects that they work on, to play around with," she added.

Skaar chose Google because of its culture. "I feel like I'm free, I can take an idea and run with it," she said. Having worked for three years with Google, the manager of Google's New Business Development thinks that at the end of day, she loves the products. "I want to work with a company whose products I'm passionate about, I use Gmail, YouTube, Google search, etc." Skaar's mentor is Methan Smith, the vice president of Google's New Business Development, who Skaar said is very smart. "She's very good at bringing people to work together. I see her as a mentor. I love watching her and I thought this is the lady I want to work with," Skaar said.

"My experience is that you can work for a good company or a bad company, but in terms of day-to-day environment, if you can work with a good manager, at least you gain the benefit of being able to have that mentor and learn from them," she said. With a background that is half technical and half business, Skaar is in an idealposition with the New Business Development department in which her main duties are to find new business opportunities, find partners to work with and negotiate deals.

One of the new business developments that she has been working is Google book search, which is only available in the US. It is a tool that allows users to search specific phrases and will return books that contain that phrase. It's good for research. Google has a very large scanning project in which they scan every page of a book, and when users search on the net, they will be linked to the source of the books. Google shows a snippet, and users know it that whether it's from Amazon, or from which library. "The idea is that certain information is stored in books, but people don't know about it. Now with Google's book search, all such information is at your fingertips," the manager explained, noting that Google has partnered with a number of publishers and libraries. Skaar's team will explain to them the purpose of the project, and how it will benefit users. "Now, you can easily find out about the books, search for information from anyone that we're partnered with," she said.

One of Google's goals is to localise its products in more than 40 languages, and Thai is one of those, she said, while showing an application on her smart phone, developed by the third party using translated API. Skaar is currently focusing on Southeast Asia, looking to meet partners, especially in Thailand. "We want to do a lot of things here in Thailand, with a lot of priority and resource. I told the partners, as a Thai I want to help here. It's hard for someone from the headquarters to be here if they are not Thai; they don't really understand the culture, they don't understand the language. It's easier for me to know who the players are," she said.


*** Ace! is a member of the EducationUSA global educational advising network affiliated with the Bureau of Educational and Cultural Affairs, U.S. Department of State. We provide free EducationUSA counseling services to students in the northern provinces of Thailand; our faculty of U.S.-trained Test Prep Experts can help you with cost-effective result-driven training programs for SAT-1, SAT-2, TOEFL, GRE, GMAT, GED, IELTS etc ***

Tuesday, March 23, 2010

HUMBOLDT STATE UNIVERSITY’S ADMISSION FOR FALL 2010 IS OPEN UNTIL MAY 31

Ace! NewsFlash

Humboldt State University’s admission for fall 2010 is open until May 31, 2010 for international undergraduate students and graduate MBA students only. HSU offers small classes that allow close student-teacher interaction and strong academics.You could join their growing international student population of 140 students from over 30 countries. Humboldt State is a California State University which combines academic excellence with real-world experience and recreational pursuits in a perfect natural setting for studying and living, located 5 hours north of San Francisco in the heart of the ancient redwood forests on the California coast. At HSU, students can study, surf, and catch a concert, all in a single day.

Five percent of international students receive financial assistance in the form of partial tuition waivers (in exchange for working in various HSU offices). At least 25% of international students work on campus.

Academics & Rankings

As one of 7,800 students at Humboldt State University, a student can choose from 61 academically-rigorous majors. In classes with an average of 24 students, professors provide personalized attention to help students with their studies.

· Humboldt State has been named a “Best Western College” and a “College with a Conscience” by the 2008 Princeton Review.

· U.S. News & World Report ranks HSU among the best western universities with masters’ programs.

· HSU is internationally known for its programs in the natural sciences including Forestry, Wildlife, Biology, and Oceanography.

· Dedicated to undergraduate research, HSU provides hands-on experience in all programs.

Majors

A wide range of subjects as well as unique majors (49 undergraduate majors and 12 graduate programs). For a complete list of all the majors and programs offered at HSU, please go to www.humboldt.edu/~humboldt/programs/type.

Intensive English Language Institute (IELI)

The IELI offers English language courses for students in small classes, with personalized attention, and cultural and recreational activities that foster a sense of belonging. Students who are ready to take university classes while continuing to improve their English skills can enroll in the IELI Bridge program. Visit http://www.humboldt.edu/~ieli for more information.

Campus and Community Life

· The International Programs Office staff support international students as well as providing study abroad advising, and advise students on their academic choices and adjusting to life in California.

· The Global Connections Club, along with other student clubs, helps make Humboldt a home away from home. On campus, students can use modern exercise equipment in the Recreation Center; learn SCUBA diving in the HSU pool; practice T’ai Chi; attend world class-concerts; and enjoy festivals and theater performances; and go hiking through the redwood forests.

· Regional bus service is free to all HSU students. Routes take students north to the airport and to the beaches of Trinidad or south to the city of Eureka and beyond.

Housing and Dining

Many students live on campus in residence halls, including the Special Living Communities which house students with common interests. The International Living Community houses international and American students and promotes the sharing of their experiences and cultures. Other students find houses and apartments in Arcata and nearby towns.

Undergraduate & Graduate MBA Admission

Website has admissions information for international students, including the application process, requirements, costs, and visa information. Please visit www.humboldt.edu/international.

Admission for international undergraduate students and MBA graduate students for the fall 2010 semester is open until 31 May 2010. Please note that complete applications (the application and all supporting documents) must be received by 31 May for consideration for the fall 2010 semester.

MBA graduate students need to contact the School of Business as well as applying to Humboldt State. Please go to http://www.humboldt.edu/~sbe/degrees/mba.html for additional information on the MBA, including entrance requirements.

Explore

Under “explore”, http://www.humboldt.edu/explore/, you will see Humboldt State’s location, take a virtual tour of the campus, and view pictures of students learning, living, and playing.


*** Ace! is a member of the EducationUSA global educational advising network affiliated with the Bureau of Educational and Cultural Affairs, U.S. Department of State. We provide free EducationUSA counseling services to students in the northern provinces of Thailand; our faculty of U.S.-trained Test Prep Experts can help you with cost-effective result-driven training programs for SAT-1, SAT-2, TOEFL, GRE, GMAT, GED, IELTS etc ***

Saturday, October 17, 2009

$250 BILLION, 1,000+ deals, 1 man

Ace! NewsFlash

Thinking of an MBA or Finance career? Be Inspired by Bruce

Bruce Wasserstein was the pioneer of the M&A business. He worked on more than 1,000 deals, developed numerous M&A tactics and perhaps earned more money than anyone else advising firms.

Here is a look at what various news outlets had to say in the wake of his passing.

On Wasserstein’s legacy, the Daily Telegraph writes: “Never shy of controversy, Wasserstein could claim to have had a hand in more than 1,000 merger and acquisition deals in the course of his career, amounting to some $250 billion in value. Whether in defence or on the side of the hostile bidder, he deployed a mastery of takeover techniques, a sharp tongue and formidable powers of persuasion to keep his clients in the game to the last hand – hence “Bid ‘Em Up Bruce”, a sobriquet which he was said to hate.”

Meanwhile, MarketWatch’s David Weidner writes: “The 61-year-old adviser, who was both derided and championed as “Bid ‘Em Up” Bruce, changed deal making from a restrained and formal corporate practice to Wall Street’s equivalent of financial sport….His early death leaves an incomplete body of work. His firm, Lazard Ltd. is gearing up and leading a new wave of M&A. His vanity publications, New York and The Deal magazines, still have work to do in terms of winning audiences, advertisers and respect.”

One of the big question hanging in the air is what impact will his death have on Lazard? Jeffrey Goldfarb over at Breakingviews writes that the loss will be painful — “although probably more so personally and emotionally than strategically or financially.” Wasserstein’s work was largely done at Lazard, Goldfrab writes. Since arriving at Lazard in 2002, Wassterstein had united the firm, divided across three cities on two continents, replenished its ranks of experienced bankers and had taken the Lazard public. “Wasserstein may have been able help Lazard navigate these new-millennium challenges. But the firm has withstood plenty of downturns and transitions over the decades. An institution that has lasted 161 years can sustain the loss of even the most outstanding banker,” Galdfarb writes.

Perhaps one aspects of his legacy that has garnered bit less attention is the number of deal makers he mentored. Besides the bankers he lured to Lazard, the list includes Douglas Braunstein at J.P. Morgan Chase & Co., Raymond McGuire at Citigroup Inc., Hugh McGee at Barclays Plc, Laurence Grafstein at Rothschild and Robert Pruzan at Centerview Partners, writes Bloomberg.

While Wasserstein was known as a banker, for those that worked at the University of Michigan’s student newspaper in the mid-to-late 1960s, “Wasserstein was known for his shrewd reporting, strategic and brilliant mind and jumbled appearance,” writes the Michigan Daily. He served as the Daily’s executive editor from 1966 to 1967. His most notable coverage? His reporting on the University’s response to a subpoena from the House Un-American Activities Committee in September 1966.

According to Westport, Conn., First Selectman Gordon F. Joseloff, who went to high school with Wasserstein and worked on the school’s paper with him, journalism was his secret passion.


*** Ace! is a member of the EducationUSA global educational advising network affiliated with the Bureau of Educational and Cultural Affairs, U.S. Department of State. We provide free EducationUSA counseling services to students in the northern provinces of Thailand; our faculty of U.S.-trained Test Prep Experts can help you with cost-effective result-driven training programs for SAT-1, SAT-2, TOEFL, GRE, GMAT, GED, IELTS etc ***

Tuesday, June 2, 2009

Wharton Admissions Reception in Bangkok: June 3, 2009

Ace! NewsFlash



Wharton Admissions Receptions: International

Attend an Information Session and experience Wharton first-hand.

Wharton MBA and MBA/MA–Lauder Admissions Events


Select an Event type below to view its calendar

Sort the Events by clicking on date, type/sponsor, city, state or country.

Date Type City Country Register
03 Jun 09 Presentation Bangkok Thailand Register



Team Ace! is pleased to let you know about the upcoming Wharton MBA Admissions event in Bangkok, which is on 03 June 2009:

Time: 7:00pm to 9:00pm

Location: The Stock Exchange of Thailand (SET)

Room No. 1104
Floor 11
SET Building
Ratchadapisek Road
Next to "Queen Sirikit National Convention Center"

Here is the link for students to register:

https://register.applyyourself.com/?id=UPENN-GSB&pid=1584&eID=23295&rid=1

Team Ace! has been informed it is likely that the above event will be Wharton's only event in Thailand during this recruitment cycle.


Other MBA recruitment events will be updated on this EducationUSA-Chiang Mai (Ace!) blog as the summer continues. Team Ace! congratulates our EducationUSA advisees and GMAT-Prep students now enjoying their MBA programs at Kellogg, Kenan-Flagler, Purdue, etc.


*** Ace! is a member of the EducationUSA global educational advising network affiliated with the Bureau of Educational and Cultural Affairs, U.S. Department of State. We provide free EducationUSA counseling services to students in the northern provinces of Thailand; our faculty of U.S.-trained Test Prep Experts can help you with cost-effective result-driven training programs for SAT-1, SAT-2, TOEFL, GRE, GMAT, GED, IELTS etc ***

Tuesday, May 26, 2009

Blackberry deal for MBA class at Kelley Business School, Indiana U.

Ace! NewsFlash

Indiana U. Signs Blackberry Deal With AT&T, a First for the Company

The budding scribes get iPhones. The future CEO’s get Blackberrys.

Indiana University will offer its 2,200 business graduate students discounted deals on Blackberry smartphones under a new pilot program with AT&T, the first agreement of its kind between the company and a university.

The arrangement comes on the heels of a minor kerfuffle over the University of Missouri’s plan to require that its journalism students buy either an iPhone or an iPod Touch. Before you get worked up over the evils of mandating this or that device: No one at Indiana University is forcing these phones on anybody.

The business benefits to AT&T are obvious. For Indiana, the program will help the university as it works to “mobilize” services like its course-management system and registration, said Sue Workman, associate vice president for support.

“Instead of planning our applications to be looked at on a 19-inch monitor, we’re looking at a 2-by-2 screen,” she said.


*** Ace! is a member of the EducationUSA global educational advising network affiliated with the Bureau of Educational and Cultural Affairs, U.S. Department of State. We provide free EducationUSA counseling services to students in the northern provinces of Thailand; our faculty of U.S.-trained Test Prep Experts can help you with cost-effective result-driven training programs for SAT-1, SAT-2, TOEFL, GRE, GMAT, GED, IELTS etc ***

Tuesday, May 19, 2009

It's not too late for Fall 2009 admissions!

Ace! NewsFlash

Still thinking about studying in the USA for the fall semester 2009? Well, get going now - Humboldt State University is accepting applications from undergraduate applicants until 1 June 2009. Visit www.humboldt.edu/international for more information and to apply to Humboldt State University.

The Master of Business Administration (MBA) program is also still accepting applications. Please see http://www.humboldt.edu/~gradst/pdfsdocs/GradOfc_2_16_09.pdf for a list of graduate programs and deadlines.

Contact the International Programs Office for more assistance. Please go to http://www.humboldt.edu/~internat/Brochure_flat.pdf to see a copy of their International Programs brochure.


And you're always welcome to contact Team Ace! for help & advice.

*** Ace! is a member of the EducationUSA global educational advising network affiliated with the Bureau of Educational and Cultural Affairs, U.S. Department of State. We provide free EducationUSA counseling services to students in the northern provinces of Thailand; our faculty of U.S.-trained Test Prep Experts can help you with cost-effective result-driven training programs for SAT-1, SAT-2, TOEFL, GRE, GMAT, GED, IELTS etc ***