AS-columbia-mba-core

Thu Dec 6 12:32:59 2007 Pacific Time

      Columbia Business School to Launch New Core Curriculum in Fall 2008

       NEW YORK, Dec. 6 (AScribe Newswire) -- Columbia Business School has announced that it will launch a new core curriculum in the fall of 2008. The revised core will allow students greater flexibility in pursuing their own career goals while retaining the foundational elements and the academic rigor of the Columbia MBA.

       "The new core will enable our students to tailor their education to their particular interests, while still ensuring they come away from Columbia with a strong grasp of the fundamentals of business," remarked Vice Dean Ziv, also the Faculty Director of the Arthur J. Samberg Institute for Teaching Excellence and a professor of accounting. "Columbia Business School constantly strives for innovation in our curriculum and teaching practices in order to deliver the best possible MBA experience to our students."

       The new core will be divided into two parts: required and flexible. Students will need to complete each unit of the required core, which will be comprised of 6.5 functional courses in areas such as finance, accounting, economics, strategy and leadership and will be spread across the first two semesters.

       The flexible component, which has been built into the second semester, will allow students to gain greater depth in each of three designated areas: organizations, performance and markets. Students will choose one course in each area from the following menu:

       - Organizations: Organizational Change; Power and Influence; and Social Capital

       - Performance: Operations Strategy and Performance Measurement

       - Markets: Game Theory; Global Economic Environment II: Business Cycles and Financial Markets; and Strategy, Structure and Incentives

       While the foundational elements of the current core will remain in place, several of these courses have been condensed into half a semester to allow room for the flexible courses as well as an additional elective in the first year. This amounts to a new core that is smaller in size and more customizable.

       Current first- and second-year students will also have the opportunity to benefit from the new course offerings in the flexible core, as several of these will be offered as electives in the spring of 2008, and all will be offered as electives in the spring of 2009.

       The new core emerged out of the School's most recent core review, convened in November of 2006 by Dean Glenn Hubbard. The Dean's committee, chaired by Lawrence Glosten, chair of the Finance and Economics division, and composed of Vice Dean Paul Glasserman, Vice Dean Ziv and one tenured faculty member from each division, was charged with evaluating the existing core in terms of its flexibility, size and content. The committee relied heavily on student feedback from surveys and focus groups to conduct their review. In May of 2007, the members voted unanimously to recommend the required/flexible core model, which was approved by the full faculty for implementation.

       About Columbia Business School

       Led by Dean R. Glenn Hubbard, the Russell L. Carson Professor of Finance and Economics, Columbia Business School is at the forefront of management education for a rapidly changing world. The school's cutting-edge curriculum bridges academic theory and practice, equipping students with an entrepreneurial mindset to recognize and capture opportunity in a competitive business environment. Beyond academic rigor and teaching excellence, the school offers programs that are designed to give students practical experience making decisions in real-world environments. The school offers MBA and Executive MBA (EMBA) degrees, as well as non-degree Executive Education programs. For more information, visit www.gsb.columbia.edu.

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       CONTACT: Marie Burks, 212-854-2747, meb2155@columbia.edu

      Media Contact: See above.


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