Society’s Biggest Problems Need More Than a Nudge

The Ross School of Business - Facebook page
Society’s Biggest Problems Need More Than a Nudge
Society’s Biggest Problems Need More Than a Nudge

Some things need more of a "heavy lift."

Michigan Ross Professor Joe Arvai says policy makers can learn from behavior science on how to make better decisions.

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MBA Admissions Mashup: Treks and Graduation

Every Wednesday, we share a round-up of the latest news from MBA admissions blogs at the top business schools. As the school year draws to a close, we take a look at second-year MBAs reminiscing and imparting words of wisdom for those that will come after them as well as a look a MBA treks around the world.

Let’s start today’s post with a trip around the world! Global awareness and understanding of business culture and practices is a core requirement in today’s shrinking world — making these treks a crucial learning experience for many MBAs. From South Africa to Chile to France, MBAs can learn a lot about how companies in those regions of the world operate.

At Berkeley / Haas, Victor Pucci and Sebastian Amenabar (MBA ‘16), took 40 of their classmates on a chance to experience their homelands of Peru and Chile “in ways that tourists rarely get to.”

This trek put their leadership skills to the test. “We learned a lot. It was really hard to organize everything—especially the horse trip—but what I really liked was the whole connection between the locals and the visitors. We had that feeling of being close to people in a way that usually takes much longer.”

Oxford / Saïd MBA Avril Perry offered up the 10 things she learned during their Africa trek. From the efficiency of Uber Johannesburg to how crocodile really does taste like chicken, maybe the most important lesson was: “if I ever had any doubt that this continent is the next voyage, I don’t anymore. No matter where I physically am, I’ll always be reaching toward Africa.”

While experiencing the rich cultures of other countries is definitely a life-changing moment, many MBA treks use these opportunities to tour overseas companies and learn about doing business in that particular country. Dartmouth / Tuck MBA Ashley Cahill T’17 had the opportunity to pay Paypal France a visit as part of Tuck’s First Year Project, a program that affords “students the valuable opportunity to apply key learnings from the core curriculum to a real business setting.” Cahill and her classmates spent a week in Paris exploring Paypal’s offices, meeting with managers at the company, and learning. “One of the most important takeaways from this week was the critical importance of in-person meetings to propel a project forward, especially when separated by oceans.”

Looking back at these experiences, it’s hard not to imagine some nostalgia and sadness happening right about now. Graduation is a time for many MBAs to reflect on the past two years (or just the one year). At IESE, Aching Kaur (MBA ’16) wrote an open letter with some advice for the incoming Class of 2018: “It is not a smooth ride. It isn’t supposed to be. The MBA is the time for you to challenge yourself, to throw yourself into the darkness of the unknown, to push the boundaries of what you think is possible, to stretch yourself to your limits, to face disappointments and after all of that, emerge stronger.”

At U. Washington / Foster, Nelson Tang MBA ‘16 noted that “you transform a lot in the 18 months of the full-time MBA program, and I have to say that a lot of my growth occurred during the second year of the program. Today, I only have 4 more bittersweet weeks to say that “I’m a second-year MBA,” but I’m really looking forward to being able to say, for the rest of my life: ‘I’m a Foster MBA Alumni.’”

Yale SOM MBA Hilde Dahmer also took the time to reminisce on her time in b-school: “Together, we have created this magic over two wonderful years. We may not have unlimited wealth, but on Commencement Day, we will mark our time here with everyone we’ve shared it with, with everyone we’ve come to love. This moment will inspire us to make our visions reality.”

One thing’s for sure: Business school is more than just classrooms, case studies, and landing that post-MBA job (sure they’re important, but there are additional facets that go beyond those things). To graduating MBAs out there, we hope you’ve had the best one to two years! We wish you the best of luck.

That’s all for this week! Catch you next week for another MBA Admissions Mashup.

University of Chicago Booth School of Business - Facebook page
Edward L. Kaplan
Edward L. Kaplan

Entrepreneurs shouldn’t hire their friends, advises alumnus Edward L. Kaplan, ’71, title sponsor of Booth’s premier business start-up program. http://oak.ctx.ly/r/4ntc3

Why You Should Never Hire Your Friend by Edward L. Kaplan @FortuneMagazine May 9, 2016, 9:39 PM EDT E-mail Tweet Facebook Linkedin Share icons The Entrepreneur Insiders network is an online community where the most thoughtful and influential people in America’s startup scene contribute answers to t...

NYU Stern School of Business - Facebook page
NYU Stern School of Business photo 1377813278902506
NYU Stern School of Business photo 1377813278902506 Congratulations to the 2016 graduating class at New York University! Our tower lights will shine in violet and white tonight to celebrate the university’s 184th Commencement.

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