A team of MBA students from the Penn State Smeal College of Business bested teams from seven leading business schools to take home first place in the Supply Chain Management Case Competition at Rutgers Business School, held March 30 in Piscataway, N.J. Smeal's team of Mehul Pathak, Raghavan Parthasarathy, Rashmi Sharma, and Yujia Wang beat out teams from Lehigh University, the University of Maryland, the New Jersey Institute of Technology, Rider University, Rutgers University, and Syracuse University. (more)
The Smeal College of Business and Penn State College of Medicine have teamed up to offer a five-year joint doctor of medicine (M.D.)/master's of business administration (M.B.A.) program beginning in the 2012-13 academic year. Designed to appeal to highly qualified and motivated medical students who have an interest in the business of medicine, the program is now accepting applications for admission in the fall 2012 semester.
The program's goal is to train medical doctors as both good clinicians and skilled business analysts. Such graduates may decide to be in clinical practice, but possessing the additional M.B.A. degree opens up myriad possibilities, including managing hospitals and working for firms in biotechnology, consulting, insurance, medical devices, pharmaceuticals, venture capital, and other industries. (more)
Financial Times has ranked the Penn State Smeal College of Business MBA Program sixth among all publicly supported programs in the United States. The program is ranked 22nd among all U.S. programs and 49th globally, according to the newspaper. The ranking is based on information provided by the schools and surveys of graduates from the classes of 2006, 2007 and 2008. The criteria include alumni salary and career development, the diversity and international reach of the school and its MBA program, and its research capabilities. (more)
A movement started by two graduate students at Penn State has resulted in $47,000 being raised for two nonprofit organizations fighting child abuse and sexual assault. Laura March, a graduate student in the College of Arts and Architecture, and Stuart Shapiro, a first-year student in the Penn State Smeal College of Business MBA Program, started the campaign to "blue out" Beaver Stadium by having all fans wear blue for the Penn State Football game against Nebraska on Nov. 12. The T-shirt they designed for the blue out raised $25,000 for Prevent Child Abuse Pennsylvania and fundraising efforts inside the stadium raised another $22,000. (more)
A team of MBA students from the Penn State Smeal College of Business won the 2011 Sam M. Walton College of Business International Graduate Logistics Case Competition, held Oct. 28-29 at Sam's Club headquarters in Bentonville, Ark. The Smeal team of Jason Jones, Mehul Pathak, Jennifer Ruelens, Rashmi Sharma, Allison Shauger, and Erlend Weggers beat out teams from nine other leading American and European business schools. (more)
The Penn State Smeal College of Business MBA Program is ranked No. 10 among publicly supported business schools in the latest ranking of domestic MBA programs by Forbes magazine. Additionally, according to the data collected by Forbes, Smeal MBA graduates recoup the cost of their education in 3.2 years, the second-shortest period of time among all the schools ranked by the magazine. Overall, Smeal ranks 26th out of all U.S. MBA programs, public and private, up from 28th in the magazine's last ranking in 2009. The 2011 Forbes ranking is based on the return on investment earned by MBA graduates in the class of 2006. (more)
Ryan Mallett and Rama Murugan, second-year MBA students at the Penn State Smeal College of Business, spent their summers as Environmental Defense Fund Climate Corps fellows and identified more than $13.3 million in energy savings for their host companies. Mallett identified energy conservation projects at Verizon that could save the company $9.16 million and avoid more than 8,700 metric tons of carbon dioxide emissions over the course of the projects. Murugan spent her summer at CA Technologies and helped to identify projects that would have a net savings of about $4.15 million and reduce carbon emissions by 1,710 metric tons. The Environmental Defense Fund Climate Corps fellowship program places specially trained MBA students at leading companies to search out energy savings. (more)
