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Madhav Rajan, Senior Associate Dean for Academic Affairs Sharon Hoffman, Associate Dean and Director, MBA Program Bryna Chang, Director, MBA Program Office MBA Program Overview September 19, 2011

MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

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Page 1: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

Madhav Rajan, Senior Associate Dean for Academic Affairs

Sharon Hoffman, Associate Dean and Director, MBA Program

Bryna Chang, Director, MBA Program Office

MBA Program Overview September 19, 2011

Page 2: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

1

MBA curriculum

GSB organization and MBA Program staff

Graduation requirements and Good Academic Standing

Honor Code, Fundamental Standard, and classroom

values

Support and resources

Short-term next steps

Questions

Agenda

STANFORD GRADUATE SCHOOL OF BUSINESS

Page 3: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

First, Some Trivia

2 STANFORD GRADUATE SCHOOL OF BUSINESS

Page 4: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

―Somewhat‖ Change

3 STANFORD GRADUATE SCHOOL OF BUSINESS

Page 5: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

General management orientation

Academic orientation

Emphasis on lifelong learning

Innovation

The MBA Program: Academic Philosophy

4 STANFORD GRADUATE SCHOOL OF BUSINESS

Page 6: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

The GSB Curriculum: ―Building a house‖

5 STANFORD GRADUATE SCHOOL OF BUSINESS

Human Resource

Management

Information

Management

Managerial

Accounting

Marketing

Operations

Strategy Beyond

Markets

Electives: putting everything together

Expanding

the breadth

of your

functional

knowledge

Management Perspectives: a high-level blueprint to provide context for your journey

Data Analysis & Decision Making

Financial Accounting

Microeconomics

Optimization and Simulation Modeling

General

Foundations

Organizational Behavior

Leadership Laboratory

Strategic Leadership

Ethics and Management

Managerial Finance

Managing Groups and Teams

Analytic Foundations: gaining tools to analyze managerial problems

Critical Analytical Thinking

The Global Context of

Management

Page 7: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

We

ek 0

6

Winter

Management

Perspectives

Autumn Spring

Management

Foundations

Second Year

Winter Autumn Spring

Electives

Global Experience

First Year

STANFORD GRADUATE SCHOOL OF BUSINESS

MBA Program: Curriculum

Page 8: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

MBA Program: First Year

7 STANFORD GRADUATE SCHOOL OF BUSINESS

Winter Spring

Analytic Foundations:

Data Analysis and

Decision Making

Financial Accounting

Microeconomics

Optimization and Simulation

Modeling

Management Foundations

General Foundations:

Human Resources

Information Technology

Managerial Accounting

Marketing

Operations

Strategy Beyond

Markets

Autumn

Critical Analytical Thinking

Ethics in Management

Global Context of

Management

Leadership Laboratory

Managerial Finance

Managing Groups and

Teams

Organizational Behavior

Strategic Leadership

Management Perspectives

Global Experience

Page 9: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

Levels of Management Foundations

8 STANFORD GRADUATE SCHOOL OF BUSINESS

Base Accelerated Advanced Applications

Management

Foundations

Level

Level of

material

covered

Page 10: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

9 STANFORD GRADUATE SCHOOL OF BUSINESS

Exclusive Academic Period (EAP)

MBA Program: First Year, Autumn

Page 11: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

GSB Organizational Chart

10 STANFORD GRADUATE SCHOOL OF BUSINESS

John Hennessey,

President of Stanford University

John Etchemendy,

Provost of Stanford University

Garth Saloner, Philip H. Knight

Professor and Dean Advisory Council Faculty Advisory Board

Dean’s Advisory Group Management Board

Faculty Development and

Academic Policy

Glenn Carroll

Sr. Associate Dean

Academic Affairs

Faculty Development and

Academic Policy

Peter DeMarzo

Sr. Associate Dean

Academic Affairs

Faculty Development and

Academic Policy

Madhav Rajan

Sr. Associate Dean

Academic Affairs

Finance & Administration

Information Technology

Marketing & Comm.

External Relations

• Sloan Masters Program

• Executive Education

• Academic

Administration

• Center for Social

Innovation

• PhD Program

• Center for Leadership

Development and

Research

• Corporate Governance

Research Program

• Global Supply Chain

Forum

• Center for

Entrepreneurial Studies

• MBA Program

• Behavioral Lab

• Center for Global

Business and Economy

• SPRIE

Page 12: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

MBA Program Organizational Chart

Sharon Hoffman Associate Dean and Director of the

MBA Program

Academic

Operations (Margaret Hayes)

Admissions

(Derrick Bolton)

Career

Management

Center (Pulin Sanghvi)

11

Madhav Rajan Senior Associate Dean, Academic Affairs

Garth Saloner Philip H. Knight Professor and Dean

Registration

Degree

Progress

Joint Degrees

Financial Aid

(Jack Edwards)

MBA Program

Office (Bryna Chang)

Student Life

(Courtney Payne)

Admitting you! Career

visioning /

advising

Managing

recruiter

relationships

Fellowships

Loans

Loan

Forgiveness

Support

academics

Communica-

tions

General

operations /

strategy

Student advising

Student

activities/events

Emergencies

Page 13: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

12 STANFORD GRADUATE SCHOOL OF BUSINESS

MBA Grading System: Definition of Grades

Honors. Typically received by 10% of the students in a course. H

High Pass. Typically received by 30% of the students in a course. HP

Pass, average performance. Typically received by 50% of the students

in a course. P

Low Pass. A passing performance, but one in the low end of the

distribution of passing grades. LP

Unsatisfactory. A failing performance. The grade of U is awarded strictly

on an absolute basis and is grounds for disqualification. U

Incomplete. Given only if a substantial part of the course work is

completed with satisfactory grades and with valid grounds for not

completing required work. I

Satisfactory progress in a course that continues in a subsequent quarter,

where the grade is determined only after the entire course is complete.

“N-” reflects unsatisfactory progress. N

Passing grade in a GSB Pass/Fail course. U denotes a failing grade. +

Page 14: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

13 STANFORD GRADUATE SCHOOL OF BUSINESS

6 H

4 HP

3 P

1.5 LP

0 U

Grade

GPA = Σ (number of units for course * grade points earned in course)

total number of units taken

Points Per Unit

Grade Point Average (GPA)

Page 15: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

Complete 105 units of academic credit (grade of LP or higher)

• At least 93 units in GSB courses (restrictions on which non-GSB courses

can be counted)

• At least 93 units for a letter grade

By the end of the first year, pass:

• All 8 Management Perspectives courses (21 units)

• Management Foundations courses (roughly 26 units)

– Four Analytic Foundations

– Four out of six General Foundations, totaling at least 12 units

2.65 cumulative grade point average

Complete Global Experience Requirement (GER) before Winter

Quarter of second year

Six quarters of full-time enrollment/tuition

Graduation Requirements

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Page 16: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

At any given time in the MBA Program, you are in one of four categories:

• Good Academic Standing

• Academic Probation

• Disqualified with Right to Petition

• Disqualified without Right to Petition (Dismissed)

Good Academic Standing

15 STANFORD GRADUATE SCHOOL OF BUSINESS

Page 17: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

16 STANFORD GRADUATE SCHOOL OF BUSINESS

Good Academic Standing (continued)

1. Maintain a cumulative GPA of at least 2.65

GPA between 2.25 and 2.65 is automatically put on academic probation, with loss of privileges

After Autumn Quarter of first year, GPA below 2.25 is disqualified but automatically reinstated on academic probation after:

• Meeting with Courtney Payne, Director of Student Life

• Writing an explanatory letter

After Winter Quarter of your first year and

for every subsequent quarter:

• GPA between 1.5 and 2.25 is

disqualified with the right to petition to

continue in the program

• GPA below 1.5 will automatically be

dismissed from the program

Page 18: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

17 STANFORD GRADUATE SCHOOL OF BUSINESS

Good Academic Standing (continued)

2. Pass (LP or better) each

Management Perspectives

and Foundations course

taken to satisfy

requirements by the end of

the first year

3. Complete all Management

Perspectives, Analytic

Foundations, and at least

12 units of General

Foundations by the end of

the first year

A ―U‖ in any Management

Perspectives or Management

Foundations course results in

disqualification, with the right to

petition to continue in the program

Failure to complete Management

Perspectives or Management

Foundations results in disqualification,

with the right to petition to continue in

the program

Page 19: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

18 STANFORD GRADUATE SCHOOL OF BUSINESS

Good Academic Standing (continued)

4. A maximum of one ―U‖

grade in GSB elective

courses

5. Complete the Global

Experience Requirement

prior to the start of your 5th

quarter (excluding summer)

Two ―U‖ grades in GSB courses

automatically results in

disqualification, with the right to

petition to continue in the program

Three or more ―U‖ grades results

in automatic dismissal from the

program

Failure to complete the GER on

time results in disqualification with

the right to petition to continue in

the program

Page 20: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

If you are on academic probation:

• No leadership positions, ineligible to apply for joint degrees, no

individual research

• Jeopardize financial aid if you are a domestic student who is

borrowing a Federal Student Loan (not satisfactory academic

progress)

• Possibly other penalties on a case-by-case basis

If you are disqualified, you lose your right to continue in the

program

You may petition to continue in the program on academic

probation, but there is no guarantee that your petition will be

granted

Consequences of Falling Out of Good Academic

Standing

19 STANFORD GRADUATE SCHOOL OF BUSINESS

Page 21: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

You are responsible for tracking your own academic

progress • The quarter system is unforgiving—don’t fall behind

• If you don’t understand something, seek help

• If you’re concerned about your progress in a specific class, ask

your professor

• If you’re concerned about your progress in general, talk to your

Academic Advisor or Dean Sharon Hoffman

Academic Progress

20 STANFORD GRADUATE SCHOOL OF BUSINESS

Page 22: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

21 STANFORD GRADUATE SCHOOL OF BUSINESS

Graduation awards: Other academic distinctions: Academic information:

Henry Ford II Scholar (top 1) Arjay Miller Scholars (top 10%) Alexander A. Robichek Award (finance)

Academic Recognition (top 25%) Siebel Scholar Program (5)

GPA website with calibration data Class rank: ask Dean Sharon Hoffman

or Academic Operations Director, Margaret Hayes

Academic Honors

Page 23: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

Provide an opportunity to settle in and get used to becoming a

student again

• Opportunity to focus on academics

• Time to reflect before leaping into job search

• Get to know people without extracurricular and recruiting burdens

A chance to learn what activities are available before

committing

Wait until Week 6 (November 2) before joining clubs and

starting job search

Each organization can provide up to 3 hours of programming

for MBA1s

• Speakers, club welcome meetings, retreats

Exclusive Academic Period

22 STANFORD GRADUATE SCHOOL OF BUSINESS

Page 24: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

We value a classroom where all perspectives are heard and

challenged.

We value an environment where ideas between students and faculty

are freely exchanged.

We value a safe, supportive, and productive classroom environment.

We value group work as an effective means of building collaboration

skills and enhancing the learning experience.

Classroom Values and Expectations

23 STANFORD GRADUATE SCHOOL OF BUSINESS

We will discuss these bullets in detail, as well as your role in

creating and maintaining this environment, in the Classroom

Values and Expectations session on Friday

Page 25: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

24 STANFORD GRADUATE SCHOOL OF BUSINESS

Cooperation is a defining characteristic of the MBA Program at the GSB.

Students, faculty, and staff, think of it as something that sets us apart from

some of our better known competitors. But we have to be careful about

the meaning of cooperation…

Cooperation

Page 26: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

University Fundamental Standard

―Students at Stanford are expected to show both within and without the University such respect for order, morality, personal honor, and the rights of others as is demanded of good citizens.‖

University Honor Code

―Students will not give or receive aid in examinations; they will not give or receive unpermitted aid in class work, in the preparation of reports, or in any other work that is to be used by the instructor as the basis of grading.

Students will do their share and take an active part in seeing to it that others as well as themselves uphold the spirit and letter of the Honor Code.‖

GSB Statement of Professional Behavior

―All members of the GSB community have a personal responsibility for their own conduct and a collective responsibility for the conduct of all GSB community members in the School’s activities.‖

Standards of Conduct

Page 27: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

Each section has been assigned an Academic Advisor • Management Foundations selection

• Degree requirements and academic policies

• Other academic concerns

• Primarily during Autumn Quarter, and then as needed for the rest

of your two years

Your advisor will work closely with the academic advising

team and other relevant staff to provide an integrated

student experience

Please keep in mind: Sign up for advising appointments

early; availability may be tight

Academic Advising

26 STANFORD GRADUATE SCHOOL OF BUSINESS

Page 28: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

First stop for information should be the MyGSB student site:

• Curriculum information and resources: Academics tab

• Policies and expectations: Policies & Standards tab

Acquaint yourself with both, and with the broader content

GSB Student Life Office (2nd Floor, McClelland)

Counseling and Psychological Services (CAPS)

• free counseling services on areas including stress, anxiety, depression,

relationship distress, family problems, and sexual assault/harassment

Office of Accessible Education (OAE)

• provides information, referrals, and services for students with physical,

psychological, and learning disabilities

Feedback or other questions

• Student Life and your Academic Advisor are good first points of contact

Other Support and Resources

27 STANFORD GRADUATE SCHOOL OF BUSINESS

Page 29: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

28 STANFORD GRADUATE SCHOOL OF BUSINESS

Managerial Finance switching

Accounting, Math/Statistics, Excel preparation sessions

Microeconomics Placement Exam

Management Foundations registration

Your Short-term Next Steps

Page 30: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

29 STANFORD GRADUATE SCHOOL OF BUSINESS

Managerial Finance (assigned based on past experience) • F201 = Base

• F204 = Accelerated

• F210 = Advanced

Materials are similar; same cases • Level of discussion varies

• First two sessions of Accelerated and Advanced are identical

After sitting in on the first two sessions of Managerial Finance, if you think you should be in a different level, you can petition: • Petitions due on Wednesday, 9/28 at 1:00 pm. Detailed information on

MyGSB

• For information about the course content, first look on MyGSB under the course description. If you still have questions, contact your Managerial Finance professor

Managerial Finance Switching

Page 31: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

Three sets of optional sessions: • Math/Statistics: today and Wednesday

• Accounting: Tuesday and Thursday

• Excel: Saturday, September 24, 10:00 am – 12:00 pm (bring your

laptop)

Introductory material to better prepare you for Managerial

Finance and future courses

Accounting, Math/Statistics, Excel Sessions

30 STANFORD GRADUATE SCHOOL OF BUSINESS

Page 32: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

31 STANFORD GRADUATE SCHOOL OF BUSINESS

September 25, 5:00 PM Microeconomics placement exam

due. Exam required for:

• Regular advanced applications Microeconomics course

• HR/Microeconomics advanced applications ―flavor‖

A series of ―Brown Bag Lunches‖ beginning October 24 will

discuss Management Foundations selection and registration.

You will receive your Management Foundations

recommendations in a few weeks (watch MyGSB Digest) and

can discuss them with your Academic Advisor at that time

Other than the Microeconomics Placement Exam nothing to do

for now, but do watch for updates in MyGSB Digest and by

email

Placement Exam and Foundations Registration

Page 33: MBA Program Overview - Stanford Graduate School of BusinessMBA Program Overview September 19, 2011 . 1 MBA curriculum ... Unsatisfactory. A failing performance. The grade of U is awarded

32 STANFORD GRADUATE SCHOOL OF BUSINESS

Questions???