The Team: (left to right) Breck Baird, EWMBA 18; Angela Steele FTMBA 16; Sam Grubner, JD 17; Michael Sullivan, EWMBA 18
The Field: Sixteen teams from the U.S. and Europe's top MBA programs had four days to create a development plan for a former GlaxoSmithKline (GSK) manufacturing site in the borough of Ealing, West London. Teams flew to UNC to pitch their plans to a panel of judges—including the site developer, Greystar—in a tournament-style competition on February 19th.
The Pitch: Our team proposed a high-density residential development with 500 condos for sale, 900 apartments for rent, and ground floor retail. We preserved the character of Greenford Ward by activating the Grand Union Canal with green space, an amphitheater, and a new pedestrian bridge. We also improved transit access by building two new roads and bike paths through the site. To accommodate demand for housing from students at nearby universities, our rentals included 100 student units. We recommended an equity investment of 84 million pounds to purchase the land.
The Clincher: Our team conducted the most thorough feasibility analysis and met the needs of all stakeholders. Our plan rejuvenated the GSK site—a priority for the Ealing City Council; gave Greystar an opportunity to set the standard for new residential development in Greenford; satisfied the market demand for high-quality rentals and affordable condos; and provided equity investors a sizeable return. The judges from Greystar commented they would even be taking some of our findings back to London to present to the Ealing City Council!
What could you learn in an hour spent with an NYSE chief? A packed room full of Berkeley MBA students found out when Duncan Niederauer, former CEO of the New York Stock Exchange came to campus for our Dean's Speaker Series. Niederauer drew on a career that has included 22 years with Goldman Sachs and 7 years at the helm of the NYSE to share
lessons on business and leadership success, including these:
This week our Full-time MBA Facebook Contest trivia focused on location. Our Bay Area location puts you at the heart of the global technology industry, the birthplace of venture capital, a growing hub for cleantech and biotech, and the center of the U.S. wine market. This is b-school as the backstage pass! Our proximity to leading firms means that business executives become a part of your MBA experience - as guest speakers in a class, recruiters for jobs, panelists at a conference or judges in a competition.
This week we launched our first Full-time MBA Facebook Contest of the season, centered around learning more about Haas academics, culture, location and career opportunities. The focus this week was on academics at Haas, and every day we posted a couple useful facts and resources to help you learn more about the academic strengths of our program -- faculty, experiential learning, areas of emphasis and more.
Did you know that the Full-time MBA Admissions Office is on Facebook?! Check us out -- maybe even "like" us -- and stay in-the-know on admissions events, updates and insights for the fall 2015 application season.
At Haas, we often discuss taking advantage of the Berkeley community and collaborating with other graduate programs. This spring, Haas Technology Club (HTC) and the Foundry @ CITRIS, a Berkeley start-up incubator, decided to work together and kick-off the Berkeley Solver Series. The idea was to create a monthly event consisting of Haas MBAs and Foundry team members to increase collaboration between the two groups. A Foundry team would present a current challenge facing their start-up, and we would divide into teams comprised of members of both programs to brainstorm potential solutions. At the end of the event, the teams would present their solutions to the whole group.
Trading Furbies for Fruit Ninjas, Amy Thompson moved from a role as senior toy buyer with Walmart to manager at Google—during her first year in the Evening & Weekend Berkeley MBA Program. She now manages retail partnerships for Google Play, an Android platform for apps and digital media.
I came to Haas with a background in environmental nonprofit work, a passion for food, and a desire to find a role where I could have a strong impact in improving the food system. Now, in the second half of my first year, I am Co-President of the Culinary Club and VP of Sustainable Agriculture and Food for the Net Impact Club. These leadership positions give me a strong platform to interact with companies and give myself and other students an inside view on what is happening locally in the food industry.
Students in the Berkeley MBA for Executives Program gathered recently in classrooms at Google, Facebook, and Airbnb for intensive case study and frank conversations (many off-the-record) with 28 entrepreneurs during the program’s recent Silicon Valley Immersion Week. The experience was one of five deep-learning, off-campus modules that are part of the Executive MBA Program.
Adding to the experience, according to Professor Toby Stuart, is that “We have a cohort. The students are all in it together and this gives a completely different vibe to the classroom. It’s much more intimate and that’s really refreshing.” Cases and classroom time focused on the more tangible aspects of entrepreneurship, such as funding and business models, while small-group visits to newer startups revealed how those lessons play out in real companies, as founders shared secrets and stories.
“The amount of value I’ve extracted from this one week is amazing” says Rochelle Webb, EMBA 14, senior vice president of global marketing activation at Quiksilver. Morad Movassaghi, EMBA 14, senior manager at Accenture, agrees. “The number of CEOs and entrepreneurs we’ve interacted with in one week would take a year, or two or three, to connect with on your own—if you could do so at all.”