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  • Photos: Course 15 Centennial Colloquium - MIT Sloan School of Management
    and alumni meet for a day of research and celebration On June 7 MIT Sloan celebrated a century of innovation in management education by looking ahead to the future with a centennial colloquium featuring new research and transformative ideas from its faculty The event held during MIT Sloan s reunion weekend concluded a year of celebrations around the world marking 100 years since the founding of Course 15 MIT s program in management Visit the Course 15 centennial website for the full lineup of faculty presentations including descriptions of talks from Erik Brynjolfsson Yasheng Huang Deborah Lucas and Fiona Murray Search MITSloan100 on Twitter for pictures and insights from the alumni who attended the event The Beer Game is a classic supply chain management simulator taught at MIT Sloan since the 1960s Professor Nelson Repenning led a session of the game to kick off the day Professor Roberto Rigobon discussed the Billion Prices Project an ambitious big data project that uses pricing information gathered from hundreds of online retailers worldwide to create a real time inflation gauge The best information about an economic collapse are the images on the TV Rigobon said I think we can do better Associate Professor Tavneet Suri shared the results of some of her recent research in which she conducted field experiments using cell phone text messages in an effort to urge the citizens of Kenya to vote The research is an attempt to give a voice to the poor in societies that largely don t have established systems of representative democracy Professor Andrew Lo detailed his idea for a megafund to finance development of cancer drugs Lo believes a structured finance approach could raise the funding needed to support successful drug research and commercialization We are in a situation where a lot of potentially

    Original URL path: http://mitsloan.mit.edu/newsroom/2014-centennial-colloquium.php (2015-03-14)
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  • Master of Finance class celebrates at convocation - MIT Sloan School of Management
    their families at the Class of 2014 convocation June 5 at the Boston Marriott Cambridge Yum the convocation student speaker was reminded of the African proverb If you want to go fast go alone But if you want to go far go together The MFin Class of 2014 numbering 126 graduates finished the rigorous program together as a class Graduates Maxime Attal Anass Afilal and Nicolas Lejeune at the Master of Finance convocation ceremony Dean David Schmittlein commended the graduates You survived but you did more than that he told them We are very proud of the faculty who set such high standards for the participants in this program You as graduates should know you did more than survive a very tough program You impressed MIT Sloan s world leading faculty in finance with your insight with your dedication and with your coming together as a community You have a lot to be proud of Several members of the class were formally recognized for that commitment and their willingness to help others succeed Program Director Heidi V Pickett announced the Achievement Award winners which included students who voluntarily tutored their classmates Paula Cocoma Ricuarte Natan Goldberger Juan Pablo Solorzano Margain and David Zhang encouraged participation and team spirit Mira Assaf Chen Hu and Chandler Wang organized an information session in Denmark Rasmus Kastoft Christensen helped to build collaboration across the MIT Sloan community David Liu and showed superior dedication knowledge and integrity Natan Goldberger These are the students who went above and beyond to make a positive contribution enhancing the experience for everyone around them Pickett said MFin faculty director Jiang Wang the Mizuho Financial Group Professor who has been instrumental in the program s evolution acknowledged the challenges of the intense yearlong program In spite of this You all

    Original URL path: http://mitsloan.mit.edu/newsroom/2014-mfin-convocation.php (2015-03-14)
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  • At MBA convocation, stories of close calls, perseverance, and humility - MIT Sloan School of Management
    convocation ceremony at the Wang Theatre in Boston Suddenly the only thing that mattered to me was how they would remember me What kind of difference had I made or not made on their lives That flight which featured the dreaded We are losing cabin pressure statement from the crew eventually landed safely in Delaware Mathur though had more to think about The only life worth living is one that makes other lives better he said We re lucky those of us who are graduating today because we will have that chance Speakers at the convocation ceremony honoring the 407 graduates of the Class of 2014 shared a common theme with each acknowledging the good fortunes and accompanying responsibilities of its graduates Mathur recalled the 2008 financial crisis and ensuing recession and called on his classmates to lead the business and finance worlds to a new era of trustworthiness and corporate citizenship As MIT Sloan graduates he said they are trained problem solvers We can do much more than just watch he said MIT Sloan Dean David Schmittlein also urged the Class of 2014 to focus its skills and experience on solving significant global problems You re not only talented you re privileged Schmittlein said You re privileged because of the talent you brought to MIT And you re privileged because of the capabilities that you developed at MIT Sloan Schmittlein recognized the Class of 2014 s interest in hands on action learning cultivated through the school s treks tours and action learning labs He welcomed the graduates to the network of MIT alumni around the world He also accepted a class gift of more than 280 000 The gift presented by Dina Kazzaz MBA 14 will be contributed to the MIT Sloan Annual Fund The Class of 2014 has

    Original URL path: http://mitsloan.mit.edu/newsroom/2014-mba-convocation.php (2015-03-14)
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  • A new look at autism's rise - MIT Sloan School of Management
    the American Journal of Sociology The paper took second prize and 2 000 at the second annual MIT Sloan doctoral research forum this spring When Colatat took the general exams for his PhD one of the essay questions was about autism research conducted by Columbia University sociologists The research had used the largest data set of children with autism records on tens of thousands of children from the state of California Colatat passed the exams and began to work on a thesis about the Defense Advanced Research Projects Agency But that massive trove of autism data had stuck in his mind He decided to find out why so much remains unclear about autism spectrum diagnosis He theorized that doctors were the missing piece of the puzzle One of his advisors Professor Ezra Zuckerman encouraged him to search for data from health care providers Colatat courted a major California HMO pitching his project and asking for access and cooperation It took four months but it worked the HMO opened its records on 276 000 patients 3 000 of whom had been given an autism diagnosis Colatat s next challenge was funding He spent an entire year applying for grants His third attempt succeeded the project finally moved forward with support from the Simons Center for the Social Brain at MIT The HMO s data included records from three clinics established specifically for autism spectrum diagnosis Colatat looked at the chances that a child visiting a clinic would go home with a diagnosis At two of the clinics doctors diagnosed 35 to 39 percent of the patients with an autism spectrum disorder At the third clinic the rate was 65 percent Those rates persisted over time even when Colatat filtered for race environmental factors and parents education The difference was still 30 percent he says Perhaps the most telling discovery when doctors moved from one clinic to another their rates of diagnosis immediately changed to match that of the clinic as a whole Colatat got permission to embed in the clinics sitting with doctors and families sometimes in the exam room and sometimes behind a one way mirror He conducted dozens of interviews with the clinicians to get a sense of how they had learned to diagnose autism What he heard was the same few names again and again At one clinic a consultant from a nearby university had served as an intellectual mentor to the staff She had impressed upon them how subtle the signs of autism can be and as a result they tended to give out the diagnosis more readily At another the clinic s first director instilled the belief that autism can look like a lot of other conditions which caused staff to be more conservative These charismatic individuals made an impression that lasted They were all trying to do their best job Colatat says But there s still a difference and that reflects the field as a whole The diagnosis of autism spectrum disorders is especially vulnerable

    Original URL path: http://mitsloan.mit.edu/newsroom/2014-autism-spectrum.php (2015-03-14)
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  • Nearly 900 graduate as MIT marks a century of management education - MIT Sloan School of Management
    that have defined MIT Sloan transformed management education and had a significant impact around the world An interactive online timeline highlights some of Course 15 s milestones with all members of the MIT Sloan community invited to share their memories of the school MIT commencement exercises take place Friday at Killian Court on campus Ellen Kullman CEO and chair of the board at DuPont will be the guest speaker On Thursday an MBA convocation ceremony honors 359 graduates who completed their studies this year including students who graduated in February as well as the 48 graduates of MIT s Leaders for Global Operations program MIT Sloan alumnus Joaquin E Bacardi III MBA 98 the president and CEO of Bacardi Corporation will address graduates A separate convocation ceremony Thursday will celebrate the 125 graduates of the school s one year intensive Master of Finance program The MIT Executive MBA program graduates 112 students this year while the MIT Sloan Fellows Program in Innovation and Global Leadership a one year MBA or Master of Science for mid career professionals will award degrees to 118 students Thirty five students will receive degrees from the School s Master of Science in Management Studies program and 31 students will graduate from its System Design and Management program a collaboration with MIT s School of Engineering The School s 10 PhD graduates join doctoral candidates from across MIT Thursday for the Institute s doctoral hooding ceremony This year also sees the first graduating students to receive MIT Sloan s Healthcare Certificate MBA graduate Lana Cohen and Sahar Hashmi a PhD graduate in the MIT Engineering Systems Division both received the certificate MIT Sloan Student Class Gift sets new records Students in the Executive MBA program have raised 354 200 in gifts and pledges for their class

    Original URL path: http://mitsloan.mit.edu/newsroom/2014-wrap-up.php (2015-03-14)
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  • Preparing for the digital future, leading in the digital present - MIT Sloan School of Management
    Alex Sandy Pentland Tom Malone and John Leonard that covered territory ranging from Google s self driving car to the disconnect between fast moving technology and much slower moving governments four prominent CIOs took the stage to discuss their roles Adriana Karaboutis CIO of Dell Rebecca Rhoads CIO of global defense manufacturer Raytheon Company Roger Gurnani CIO of Verizon and Brian Lillie CIO of the data center company Equinix all talked about the dramatically expanded scope and prominence of the CIO role over the past five years They agreed that as technology s importance to businesses growth has become increasingly clear IT has become steadily more integrated into the business overall At Dell said Karaboutis IT is in the business We don t support the business or partner with the business We get in there Rhoads described the role today as CIO plus noting that Raytheon had merged the IT function with its other business services including finance and human resources to create a shared services group underscoring the way IT underlies the entire business In her role today Rhoads said she aims to contribute to both top and bottom line growth We re expected to come to the table with ideas for new markets to enter and how to optimize working capital and margins she said Many panelists throughout the day addressed the topic of data security and the CIOs emphasized that their jobs are heavily focused on risk management with a need for both safeguards against data breaches and thoughtful disaster preparedness plans should a breach occur In response to an audience question the CIO panelists also discussed the challenge of managing a multi generational workforce particularly in a functional area where skills age quickly as new technology emerges The generation doing the most innovation may not be

    Original URL path: http://mitsloan.mit.edu/newsroom/2014-cio-symposium.php (2015-03-14)
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  • MIT Sloan Professor Kristin Forbes named to UK Monetary Policy Committee - MIT Sloan School of Management
    Sloan Facts and Figures Campus Life Leadership Global Reach History Centennial Visit MIT Sloan Work At MIT Sloan Directory Newsroom Newsroom Home Articles Archives Press Releases Media Highlights Expertise Guide Publications RSS Feeds MIT Sloan Professor Kristin Forbes named to UK Monetary Policy Committee Published May 22 2014 Economics professor will serve three year term helping to guide policy Professor Kristin Forbes MIT Sloan Professor Kristin Forbes has been appointed as an external member of the U K Monetary Policy Committee MPC by Chancellor of the Exchequer George Osborne In this role she will hold one of the nine votes that determine the country s monetary policy In announcing the appointment the chancellor said Monetary policy plays a critical role in our long term economic plan delivering economic security to hardworking people Dr Kristin Forbes is an economist of outstanding ability with real practical experience of policy making She will make an exceptionally strong addition to the MPC It s a sign of the high regard in which the Bank of England and our monetary framework are held around the world that someone of Kristin s ability wishes to be part of them Forbes is currently the Jerome and Dorothy Lemelson Professor of Management at MIT Sloan Her research focuses on policy issues in international macroeconomics Recent projects have included work on capital flows financial crises and contagion Forbes who earned her PhD in Economics at MIT has won multiple teaching awards during her time on the faculty From 2003 to 2005 Forbes served as the youngest ever member of the White House Council of Economic Advisers She has also worked at the U S Treasury the World Bank and Morgan Stanley She is on the Panel of Economic Advisers for the Congressional Budget Office and the Academic Advisory Board

    Original URL path: http://mitsloan.mit.edu/newsroom/2014-kristin-forbes.php (2015-03-14)
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  • Turning waste into energy, one community at a time - MIT Sloan School of Management
    to supply biogas to apartment buildings while providing local jobs The impact is social environmental and economic Bamiduro said Adeyemi Yemi Adepetu The brainchild of Adeyemi Yemi Adepetu a student in MIT s System Design and Management SDM program NovaGen will collect organic waste from apartments and convert it into biogas to fuel generators The system will be piloted this summer at a seven unit building and scaled up to 10 buildings serving 70 units in total If the pilot succeeds the next step would be for NovaGen to equip all 210 units managed by their partner real estate company Property Mart Real Estate Investment We think what s available is too expensive Adepetu said Our idea was Look at the technology out there build locally and make it affordable for people While NovaGen will employ existing technology it has a novel strategy Bamiduro said The innovation is our business model We re not targeting large businesses or customers one by one We re looking for that sweet spot he said wherein 20 70 families share one waste to energy system That s why we picked real estate The fledgling company has racked up a number of successes in entrepreneurship competitions The team which also includes Ellen Chen a Master s in City Planning MCP candidate in the MIT Department of Urban Studies and Planning was a semifinalist this spring in the MIT Africa Innovate Business Plan Competition the MIT IDEAS Global Challenge and the MIT 100K Pitch and Launch Entrepreneurship Competitions emerging markets track Adepetu was recently named a finalist for the 2014 Echoing Green Climate Fellowship which supports next generation social entrepreneurs committed to working on innovations in mitigation and adaptation to climate change Adepetu also has a Legatum Fellowship that supports his work on NovaGen and is supported by the MasterCard Foundation Born and raised in Nigeria Adepetu said the idea for the company had been percolating for a long time before he came to MIT and was inspired to act I thought NovaGen was 10 years away MIT was the crucial influence that took me from the corporate world said Adepetu who spent several years working for United Technologies Before MIT I thought I d do this when I was done with my first career At MIT last fall Adepetu met Chen in New Enterprises a class designed to help students launch startups I wanted to do something in emerging markets and Yemi s was the only idea in a developing country said Chen whose interest in housing inspired the idea of targeting residential real estate Adepetu had originally envisioned serving hospitals Bamiduro was the next team member to join NovaGen bringing with him crucial up to date contacts with the Lagos business community Adepetu had been out of the country for nine years but Bamiduro had just left a lead analyst role in Nigeria s oil and gas industry Bamiduro said his goal in attending MIT was to gain the skills necessary to create a

    Original URL path: http://mitsloan.mit.edu/newsroom/2014-novagen.php (2015-03-14)
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