Today's Students Are Changing Management Education

Discover how students from around the world are changing the face of graduate management education.

MET Fund

In April 2012, the Graduate Management Admission Council® (GMAC®), the global non-profit council of business schools that administers the GMAT® exam, presented more than US$7.1 million in grants to 12 organizations around the world as part of its Ideas to Innovation (i2i) Challenge.

These institutions received funding to build programs focused on social responsibility and service learning opportunities in graduate management education. These programs are building new pathways for military veterans into business leadership, and encouraging global collaboration among educational institutions.

Many of these initiatives are based on the ideas of current and former students. Read below to learn more about these students, their innovative ideas, and the projects they helped launched.

MET Fund Idea Winner Falbe

James Falbe, MBA candidate, Mendoza College of Business

Winning Idea: Using Big Ideas to Solve Big Problems

Hear from James: “Most business problems have elegant and simple solutions. However these problems do not all have economic or even business-related causes. Therefore the best solutions might not come from traditional business disciplines (accounting, management, etc.), but rather from the problem-solving methods of other academic fields (psychology, history, math). Only by training today's managers in the 'Big Ideas' will they be able to treat both the symptoms and causes of tomorrow's big problems.”S.P. Jain Logo

Project Funded: Abhyudaya ("Prosperity and Development of All")

School/Institution: Bharatiya Vidya Bhavan’s SP Jain Institute of Management & Research (Mumbai)

MET Fund Idea Winner HanatLauren Hanat, Lehigh University, MBA, Class of 2012

Winning Idea: Communication and Information Technology: What else is there?

Hear from Lauren: "Given that the world is changing at a faster rate than education, students need to go back to basics and have a strong foundation in communication in order to handle the challenges presented by the unknown that is the future. In today's world, there is nothing more important than effective communication and implementation of information technology in business. Students who excel in using information technology will be great leaders because they demonstrate the ability to learn and change.”TeamMBA: The Business of Giving Back

Project Funded: The Global Integrative Module

School/Institution: ESADE Business School (Barcelona)

MET Fund Idea Winner ZsuSisi Zhu, MS Candidate in Sustainability Management, Columbia University

Winning Idea: Practical Challenge for Social Good

Hear from Sisi: “Management education needs a refresher on ethics and integrity to prepare leaders to make the most positive impact in society. Through practical projects, students will execute real-life problem solving and planning, truly ingrain the sense of responsibility for decisions, and put their leadership and teamwork abilities to the test. On a larger scale, this practical challenge will help communities in need around the world, and benefit the image of institutions contributing to the greater good.”

 TeamMBA: The Business of Giving Back TeamMBA: The Business of Giving Back

Projects Funded: Projects for Good & Leading in a Civilian Context: A Socially Responsible MBA for Returning Veterans

School/Institutions: Net Impact (San Francisco) and University of South Florida, St. Petersburg

MET Fund Idea Winner FitchM. Kendall Fitch, Harvard University, MBA, Class of 2012

Winning Idea: Leading in a Civilian Context

Hear from M. Kendall: “I propose an MBA course for veterans — “Leading in a Civilian Context” — that would address managing in civilian contexts, transitioning to the civilian workforce, and leveraging service experience. Upon completion, students may be offered credit for up to three classes depending on their level and experience of military service. The course would be attractive to students in speeding time to degree completion and providing community and reentry support that is often lacking in US higher education.”

TeamMBA: The Business of Giving Back TeamMBA: The Business of Giving Back

Projects Funded: Credit Where Credit is Due: Veteran and Service Member Pathway to the MBA & Leading in a Civilian Context

School/Institutions: SUNY Empire State College (Saratoga Springs, NY) and University of South Florida, St. Petersburg

MET Fund Idea Winner TamimiYousef Al-Tamimi, German Jordanian University, MBA, Class of 2009

Winning Idea Implemented: SME Partnership Program

Hear from Yousef: "This is a unique MBA program, which meets the ambitions of entrepreneurs in domestic economies by solving challenges facing small and medium enterprises (SMEs), within an academic environment and legal framework. This program will be able to generate needed funds for business schools, develop local SMEs to be more competitive, and create successful business leaders. My idea will be applicable in every country, it is flexible to meet any business and academic environment, and targets wide range of population."

TeamMBA: The Business of Giving BackProject Funded: Veteran Employment Through Modified Graduate Management Tracks (VET-MGMT) 

School/Institution: Syracuse University Institute for Veterans and Military Families

Winning Idea HowlandAlex Howland, Doctoral candidate in Psychology, Alliant International University

Winning Student Idea Implemented: A Whole New World of Opportunity: Collaboration in the Virtual World

Hear from Alex: "We believe the virtual world offers a platform to train, develop, and assess core business leadership competencies in a way that cannot be done in a traditional classroom setting. Although individual graduate programs have begun to develop virtual world resources, we believe there needs to be a more collaborative effort. We propose developing a ‘graduate management virtual world education community’ to promote collaboration. Our idea is built around inclusion, innovation, and feasibility."

TeamMBA: The Business of Giving Back TeamMBA: The Business of Giving Back 

Projects Funded: A Whole New World of Opportunity: Collaboration in the Virtual World & Enhancing Relevance in the Graduate Business Curriculum Through Factory Videos

School/Institutions: The Regents of the University of California, San Diego, Rady School of Management

MET Fund Idea Winner Zhou

Richard Zhou, China Europe International Business School (CEIBS), MBA, Class of 2009

Winning Idea Implemented: Build 60 International Graduate Management Education Programs in Less Developed Regions in 5 Years

Hear from Richard: “The future of less developed regions has been limited by weak management education. The idea of introducing international programs is to increase access for underrepresented populations, supply talents serving regional economies, bolster local academic prosperity, and increase global communications.”

TeamMBA: The Business of Giving Back

Project Funded: Development & Delivery of Business Education and Executive Development Programmes in the Graduate School of Business

School/Institution: University of Botswana

MET Fund Idea Winner NzeChukwuma Nze, MBA candidate, Loyola Marymount University

Winning Idea Implemented: The Hub Network: How GMAC Can Get Ahead of the Business Incubator Trend

Hear from Chukwuma: "Graduate programs have changed. A new focus on the “team” has created an environment where diversity and creativity are valued. Included in this change has been an emphasis on real-world solutions to current issues. Private firms have gone farther with Business Incubators. Business schools have mirrored this process with little success, with most success coming from personal networks. GMAC can solve this by creating a web application restricted to students interested in entrepreneurship."TeamMBA: The Business of Giving Back

Project Funded: VIP: The Virtual Incubation Program at the University of Waterloo

School/Institution: University of Waterloo, Conrad Business, Entrepreneurship
and Technology Centre