New Dean of the Yale School of Management

dennisz

New Haven, Conn., January 20, 2010 – President Richard C. Levin has announced the appointment of Edward A. Snyder as Dean of the Yale School of Management, beginning July 1, 2011.

Snyder is currently Dean and George Shultz Professor of Economics at the University of Chicago Booth School of Business. Last month, he announced his decision to step down as Dean of Chicago Booth effective June 30, 2010. Following a year’s leave, he will assume the Deanship of Yale SOM in July of 2011. Sharon M. Oster will continue as Dean of Yale SOM during Snyder’s sabbatical year.

"Ted Snyder is widely regarded as the most successful business school dean in the nation," Levin said. "He brings experience, enthusiasm, and vision to the Yale School of Management, and he looks forward to maintaining the school’s tradition of preparing students for leadership in business and society by raising their awareness of the context in which business operates. Ted especially appreciates Yale’s openness to collaboration across its schools and departments and its strong institutional commitment to infusing its educational programs with global experiences and global awareness. Ted is also committed to advancing the curricular innovations begun by the SOM faculty three years ago."

Snyder has served as Dean of Chicago Booth since 2001. Under his leadership, the school almost doubled its number of endowed professorships and more than tripled its scholarship assistance to students. Snyder oversaw the move to the school’s new Hyde Park campus on time and on budget, expanded the school’s presence in Singapore, and established a new campus in London. In 2008, Snyder announced a $300 million gift from Chicago alumnus David Booth and his family, which was the largest donation in the history of the University of Chicago and the largest gift to any business school in the world. In recognition of this gift, the school was renamed in Booth’s honor. During Snyder’s tenure, the school also successfully completed a capital campaign and more than doubled its endowment.

Snyder started his professional career as an economist with the Antitrust Division of the U.S. Department of Justice, where he served for four years. He began his academic career on the faculty at the business school of the University of Michigan, where he also served as Senior Associate Dean and founding director of the Davidson Institute, which focuses on emerging markets. Before returning to the University of Chicago in 2001, Snyder was the Dean and Charles C. Abbott Professor at the University of Virginia Darden School of Business from 1998 to 2001. At Darden, he directed an expansion of the school’s MBA program, worked to improve the diversity of the student body, significantly increased the school’s executive education offerings, and led highly successful fundraising efforts, including a record gift from a single donor.

Snyder received his MA in public policy, in 1978, and PhD in economics, in 1984, from the University of Chicago. His research interests include industrial organization, antitrust economics, law and economics, and financial institutions. He has published in many academic journals, and at Chicago Booth he has co-taught "Economic Analysis of Major Policy Issues" with fellow economists Gary Becker, who was awarded the Nobel Prize in Economics in 1992, and Kevin Murphy, a 2005 MacArthur Fellow. He serves on the boards of Argonne National Laboratories, Chicago Civic Alliance, Colby College, and Career Education Corporation.

Commenting on his appointment, Snyder noted, "I am tremendously excited and look forward to joining the Yale School of Management. The school’s deeply-held values, its broad focus and connection to the rest of the University, its outstanding people, and its commitment to innovation all position the school to play an increasingly influential and preeminent role in the years ahead."

In announcing Snyder’s appointment, Levin praised current Dean Sharon Oster for her continued service to Yale SOM. "Sharon stepped up without hesitation to the Dean’s role last year when my unexpected call came. She has served the SOM Community with a steady hand and unwavering commitment, and I am truly grateful she has agreed to stay on as Dean until Ted Snyder’s arrival in 2011."

Levin also noted that site clearance and the preparation of final drawings are under way in preparation for initiating construction of the school’s new campus, designed by Norman Foster, in the summer of 2010, and acknowledged the generosity of alumni of both SOM and Yale College in providing funds for new campus construction. He expressed confidence that sufficient funding commitments will be forthcoming so that the project can proceed to construction without delay.

nirvana118

好长，没看完。

chantelle

Chicago Booth dean heads to 'no-name' school
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It goes by the acronym SOM, and in a world of Booths and Kelloggs and Whartons, that presents a big opportunity.

The Yale School of Management is hiring Edward "Ted" Snyder, who last month announced plans to resign as dean at the University of Chicago's Booth School of Business barely a year after landing the biggest cash-for-naming deal in B-school history.

Having overseen the $300 million gift from Chicago alumnus David Booth and his family, Snyder has his work cut out for him at Yale, one of only a few highly ranked B-schools that hasn't slapped on a new moniker in exchange for a big donation.

Yale is anything but under-funded. It already is preparing to break ground on a new campus. But it's relatively small, and it hasn't cracked the top-five ranks. So Booth and Kellogg will be facing a competitor who knows them well.

Snyder will replace Sharon Oster, a Yale faculty member who took over after Joel Podolny left abruptly in 2008 to head Apple Inc.'s management training program.

Oster will serve as dean until mid-2011 while Snyder takes a year off. In explaining his decision to leave Booth at the end of June, Snyder cited an informal policy that limits its deans to two five-year terms. He joined the school in 2001.

topmba2009

前不久还在纳闷Snyder下台后会去干嘛，现在一目了然了。I bet Synder will publish a book during his sabbatical or speak in worldwide conferences.

huzijing

为什么我不能看精华帖？

izone

By Alison Griswold    
    Staff Reporter

Even though the School of Management earned BusinessWeek magazine’s top ranking for graduate job placement last year, many Yale MBAs are still struggling to secure work in a tough economy. So shortly before noon on Feb. 3, SOM Dean Sharon Oster sent out an S.O.S. — and alumni stepped forward to help.

In an e-mail to all SOM alumni, Oster called on the school’s graduates to step up and help current students, recent graduates and even other alumni seeking jobs and internships.

“Although the economy seems to be showing signs of improvement, most of my faculty colleagues agree that we’re not out of the woods yet,” Oster wrote in the e-mail. “The strength of the SOM community is most visible in times of adversity, and so I am writing to you now to tap into some of that strength.”

Within a few hours, Oster  had received hundreds of responses.

Some were just messages of encouragement, Oster said. One told the dean, “You go girl.” Another alumnus’ reply read, “We are family! That’s why I love SOM!!” But most importantly, Oster said, many replies also came with job postings and requests for student résumés.

Responses to the e-mail were forwarded to the Career Development Office, which began to set up pairings, though Oster said she was also able to think of a few matches herself. She added that students seemed pleased with, if not surprised by, the enthusiastic alumni response..

“This is the kind of thing they expect from the school,” Oster said. “It’s the kind of thing we have a reputation for.”

Ivan Kerbel ’96, director of the SOM Career Development Office, said this kind of personal involvement is one advantage of SOM’s small, roughly 200-person class sizes.

“Having a small community helps with job placement because it is possible to keep track of individuals’ job search efforts on a ‘per-student’ basis,” Kerbel said in an e-mail.

Though the SOM, established in 1976, is significantly younger than most of its peer schools, the close-knit community of students, faculty and alumni has already managed to help out SOM job-seekers.

Rebecca Lehrer SOM ’10, for example, obtained her 2009 summer internship with the non-profit WNYC Radio with the help of the company’s president and CEO Laura Walker SOM ’87. Lehrer will start a full-time position with WNYC this coming August. She said securing the job was an “unusual” opportunity and credited Walker for making it possible.

“I’d give 100 percent of the credit to this alum and her relationship to and excitement about the school,” Lehrer said. “[She] immediately took me on as a mentee.”

Last summer, Arjun Reddy SOM ’10 secured a paid internship with the hedge fund Paulson & Company. He will join the company as an associate this coming June. Reddy said one alumnus in particular — Putnam Coes SOM ’94, chief operating officer of Paulson & Company — made it possible for him to get the position. Reddy said Coes is “a really enthusiastic supporter of the school,” which is why he put so much effort into helping Reddy interview for the position.

The close-knit SOM community has already made its mark on some of the school’s most prominent alumni. Seth Goldman SOM ’95, president and “TeaEO” of Honest Tea, said the SOM network helped Honest Tea to grow when the company first launched in 1998. SOM’s emphasis on training students for both private management and serving public interest is finally resonating throughout the larger business community, he said.

“I think the SOM has always been committed to having managers bring an understanding not just of business, but also of how business can relate to society,” Goldman said. “I think the school has come of age because that mind-set has finally come of age.”
The SOM track record for job placement was particularly strong last year, with 92 percent of the class of 2009 receiving an offer within three months of graduation. Kerbel said his office has worked to provide students and alumni with more “expertise-based” advising in general, and to reach out to more potential employers. He also pointed to alumni’s high level of involvement, noting that many of them help out as “SOM champions,” or mentors to individual students.

Chad Troutwine SOM ’02, the co-founder and owner of test operations and admissions consulting company Veritas Prep, said he was glad to receive Oster’s message.

“I’m always impressed with a dean who rolls up her sleeves and dives in to perform what is perhaps her most important function — and that is doing everything in her power to help graduates or first-year students to land jobs,” he said.
http://www.yaledailynews.com/news/university-news/2010/02/19/som-alumni-network-matures/

izone

Distinguished Economist and Central Banker Rakesh Mohan Joins Yale's Faculty
   osted on: March 12, 2010New Haven, Conn., March 12, 2010 – Yale University President Richard C. Levin today announced the appointment of Rakesh Mohan as Professor in the Practice of International Economics and Finance in the Yale School of Management, and as Senior Fellow in the Jackson Institute for Global Affairs at Yale University. An eminent economist and until recently, the Deputy Governor of the Reserve Bank of India, Mohan’s appointment will begin on July 1, 2010.

President Levin stated: “Rakesh Mohan has been among India’s most distinguished economists and admirably served the Reserve Bank of India and the central banking community during a period of unprecedented growth and challenges. I am pleased that Professor Mohan will bring his experience and knowledge to his teaching at Yale in training of the next generation of economists and international leaders.”

Rakesh Mohan stated: “I am honored to return to Yale – this time on its faculty – because it was at Yale forty years ago as an undergraduate that I began my studies in economics. I have long admired the caliber and the talent of Yale’s students and faculty, and I am very much looking forward to again being part of this extraordinary scholarly community.”

Mohan received his B.A. in Economics from Yale University and his M.A. and Ph.D. in Economics from Princeton University. He also holds a B.S. in Electrical Engineering from Imperial College of Science and Technology, University of London. He has been a member of the Yale President’s Council on International Activities (PCIA) since 2005.

Mohan is currently the non-executive vice chairman of the Indian Institute of Human Settlements, and Global Adviser to the McKinsey Global Institute, McKinsey and Company. In February 2010, India’s Prime Minister Manmohan Singh appointed Mohan as chairman of the multi-ministry National Transport Development Policy Committee to recommend transportation policy for India.

Mohan has researched extensively in the areas of economic reforms and liberalisation, industrial economics, urban economics, infrastructure studies, economic regulation, monetary policy and the financial sector. He is the author of three books on urban economics and urban development and co-author of one and editor of another on Indian economic policy reforms, and of numerous articles.

Mohan served as Deputy Governor of the Reserve Bank of India between September 2002 and October 2004, and again, June 2005 to July 2009. In the interim, he served as Secretary of the Department of Economic Affairs in the Ministry of Finance, Government of India. As Deputy Governor, he was in charge of monetary policy, financial markets, economic research and statistics.

Mohan has been Director-General of the National Council of Applied Economic Research, Director and Chief Executive of the Indian Council for Research and International Economic Relations, and Vice Chairman, Infrastructure Development Finance Company. He also held the position of Adviser to the Finance Minister and Chief Economic Adviser between January 2001 and May 2002.

He has been Member of the Economic Advisory Council to the Prime Minister of India; Member of the Telecom Regulatory Authority of India; Member of the National Security Advisory Board; Member of the Tariff Authority of Major Ports; and Member of the Securities and Exchange Board of India. Among research institutions he has been Member of the Board of Governors of Institute of Economic Growth; National Institute of Public Finance and Policy; National Council of Applied Economic Research; Madras School of Economics; National Institute of Urban Affairs; Indian Council for Research in International Economic Relations; Center for Policy Research; and Indira Gandhi Institute of Development Research.

As Secretary, Department of Economic Affairs, he was Alternate Governor of the World Bank and Asian Development Bank, and Member of the Atomic Energy Commission and of the Space Commission. He has been Director of the State Bank of India, National Housing Bank, Industrial Reconstruction Bank of India, the Industrial Credit, and Investment Corporation of India (ICICI), and the Small Industries Development Bank of India (SIDBI).

izone

The Yale School of Management has received a pledged $50 million gift from Ned Evans '64 to support the construction of its new campus, the Yale Office of Public Affairs and Communications announced Monday morning.In honor of the gift — the largest in SOM's history — the new SOM building will be named Edward P. Evans Hall, after Evans, a private investor and former CEO of the publishing house Macmillan. Yale has been seeking a donor to name the building since at least September, when SOM Dean Sharon Oster said Yale was asking for around $100 million for the naming rights.
In an e-mail to the News today, Oster said that along with other donations the school has received, the Evans gift will allow SOM to build its new campus "without financial strain."
"It has all along been our hope to secure a major gift to name the campus, without exactly knowing what the right number was or how much we would be able to raise from other sources," she said.
Oster said in a press release that the gift will help SOM expand its influence in scholarship and practice and further its involvement in the Yale community.
"I am very excited that we have seen this level of generosity and commitment from a Yale College alumnus and take it as an indication of the value that many Yale College graduates place on its young management school," she added in an e-mail.
The announcement of Evans' gift follows a $10 million gift from Wilbur L. Ross '59 in early November. In an interview with the News in September, Oster said the school had raised $90 million toward the $189 million project and was considering borrowing up to an additional $65 million to finance the remainder.
The 4.25 acre campus, which was designed by the architectural firm Foster + Partners, is currently under construction on Whitney Avenue. It is planned to open in the fall of 2013.