Yale SOM - Global Alumni Network News & Events


			{ ver 3.0 \| 04.30.03}















	Yale School of Management - The Goldman Sachs Foundation Partnership on Nonprofit Ventures Smithsonian National Museum of the American Indian, New York City May 1-2, 2003 MORE INFO >> Learn About Leadership The Doubletree Hotel, Westminster, CO May 6, 2003 MORE INFO >> Yale SOM Commencement 2003 Speaker: Neal Keny-Guyer '82 New Haven, CT - Caulkins Courtyard May 26, 2003 MORE INFO >> Seventh Annual Yale MBA Summer Reception Yale Club of New York City June 19, 2003 MORE INFO>>

	View Complete Alumni Events Calendar >>


	Zhiwu Chen Professor of Finance Zhiwu Chen is best known for his study on how different option-pricing models perform in practice. It is widely cited in academia and used in practice, where minute differences in valuation models can become the basis for multimillion dollar arbitrage trades. Zhiwu has recently developed a sophisticated technique, based on the science of derivatives, for determining whether stocks are fairly priced -- a tool, which he is now using for money management. Read More on Professor Chen's work in China >> Professor Chen's Faculty Profile >> FULL FACULTY PROFILES >>

	Ed Kaplan Elected to National Academy of Engineering Edward H. Kaplan, the William N. and Marie A. Beach Professor of Management Sciences and Professor of Public Health, was elected to the National Academy of Engineering for his work in the assessment of needle-exchange programs and for generally bringing engineering perspectives to the design of public health policies. READ MORE Rick Antle Named to Endowed Chair Congratulations to Rick Antle, who was named by Yale President Richard Levin as the William S. Beinecke Professor of Accounting. READ MORE Ivo Welch and Florencio López-de-Silanes Among Top 100 Most-Cited Researchers in Economics Ivo Welch and Florencio López-de-Silanes made Thomson-ISI's list of the top 100 most-cited researchers in economics. READ MORE Jonathan Ingersoll in Risk Management's Hall of Fame Jonathan E. Ingersoll, Jr. was named by Risk magazine (Dec. 2002) to its Hall of Fame, recognizing 50 dealers, brokers, end-users, quants, and systems developers who have made a profound contribution to the field of risk management. READ MORE MORE FACULTY NEWS >>

	Financial Tool Identifies High-Performing Mutual Funds In the midst of the worst mutual fund performance in a decade, a Yale School of Management research team proposes a new financial model to identify mutual funds that will substantially outperform the market benchmark. READ MORE Casualties from Anthrax Attack Could Be Reduced by Half if U.S. Develops Quick Response Plan Yale School of Management expert Edward H. Kaplan, along with colleagues Lawrence M. Wein, Stanford University Graduate School of Business, and David L. Craft, M.I.T. Operations Research Center, predict the number of casualties from an aerosolized anthrax weapon dispersed into a crowded city could be reduced by half if antibiotics were distributed either pre-attack or within several hours post-attack. READ MORE Healthcare Leadership in US Changing with Growth of MBA Physicians A new Yale School of Management study finds evidence of significant change in healthcare leadership in the United States. The number of MBA-trained physicians is increasing dramatically and mirrors the rise in the number of MD/MBA programs in the last decade. READ MORE READ ALL RESEARCH >> Sign up to receive faculty research papers via e-mail >>

	RECOMMENDED READING: The Muddled Debate about America's Medical Crisis: Or Why Overuse of Medical Care Is Not the Cause by Professor Theodore Marmor and Kip Sullivan Over the past half-century, Americans have repeatedly expressed support in opinion polls for universal health insurance to protect citizens from the devastating costs of illness. They have favored as well public financing of universal coverage plans without complex deductibles, benefit limits, or severe restrictions on their physicians. READ MORE The Benefit of Patient Involvement in Medical Decisions by Professors Dick R. Wittink and Liana Fraenkel The nature of medical care is changing. The paternalistic model, in which physicians unilaterally decide which treatment is best for each patient, is gradually being replaced by an approach in which patients have an active role in healthcare decisions. READ MORE An Examination of the Effects of Early and Late Entry on Career Attainment: The Clean Slate Effect? by Associate Dean Jeffrey A. Sonnenfeld (et al) An investigation of 502 managers in a large corporation indicated that late entry into the ILM organization was significantly and positively related to career attainment, supporting the "clean slate effect." READ ABSTRACT The New Financial Order: Risk in the 21st Century by Professor Robert J. Shiller (Princeton Press) presents a fresh vision for hedging risk and securing an economic future. READ MORE NEW! Yale Global Online is the flagship publication of the Yale Center for the Study of Globalization. The magazine explores the implications of the growing interconnectedness of the world. Read Dean Jeffrey E. Garten's articles >> Read Professor Martin Shubik's article >> Executive Programs: Business Statesmanship Return to the classroom and work closely with distinguished members of Yale faculty to transform the way you think, lead, manage and solve problems. READ MORE What Does a Three-Year Market Slump Mean to Investors? When Will Wall Street Recover? Listen to Yale SOM's Smart Investor Radio Program on National Public Radio and hear what Professors William Goetzmann, Matthew Spiegel, and Herbert Folpe have to say. LISTEN

	AllLearn LIFELONG LEARNING Featured Courses: Lessons in Leadership Course Author: Gillian Peele, Fellow and Tutor in Politics, Lady Margaret Hall, The University of Oxford MORE INFO Forum: Conserving the Environment: New Approaches to a Contemporary Problem Course Authors: Dan Brockington, The University of Oxford; Chris Field, Director of the Carnegie Institution's Department of Global Ecology; John Wargo, Yale School of Forestry and Environmental Studies MORE INFO Beyond Irrational Exuberance: Making Sense of the Stock Market after the Bubble Course Author: Robert J. Shiller, Fellow, Yale SOM International Center for Finance MORE INFO *Globalization and the Global Economy* Course Author: L. Y. Yueh, Lecturer in Economics, St. Edmund Hall, The University of Oxford MORE INFO AllLearn home page for course listings and to enroll >>

	Partnership on Nonprofit Ventures Presents Final Round of the National Business Plan Competition for Nonprofit Organizations Twenty finalists will present their business plans to a panel of expert judges at the first Annual Conference and Awards Ceremony to be held on May 1-2, 2003, in downtown New York City. The judging panel will select four grand-prize winners, each of whom will receive $100,000, and four semi-finalists, each of whom will receive $25,000. In addition to cash awards, the winners will receive hundreds of hours of technical business planning consultations to assist their organizations in implementing their ventures. READ MORE



	• Class Notes are moving online. Please e-mail your class notes to Louise.Koch@yale.edu by Monday, May 12th.


	• YES Innovation Summit and Y50K Entrepreneurship Competition; • Third Annual Private Equity Conference; • SOM China Trip >>

	• New York City Unveiling of Professor Robert Shiller's New Book; • The Largest Yale Event West of the Mississippi >>

	• Professor Zhiwu Chen's research in China; • Ed Kaplan Elected to National Academy of Engineering; • Rick Antle Named to Endowed Chair >>

	• Financial Tool Identifies High-Performing Mutual Funds; • Casualties from Anthrax Attack Could Be Reduced by Half if US Develops Quick Response Plan >>

	• Professor Theodore Marmor and Kip Sullivan on The Muddled Debate about America's Medical Crisis; • The Benefit of Patient Involvement in Medical Decisions by Professors Dick R. Wittink and Liana Fraenkel; • New Online Courses >>


	It is a pleasure to introduce the third alumni e-newsletter, and to share our progress in expanding our alumni services and fundraising abilities. Earlier this year I wrote about a reorganization separating Alumni Affairs from Development. Our intent was to sharpen our focus on Alumni Affairs with the goals of: Strengthening ties between Yale SOM and its alumni, Developing new ways to involve alumni in the educational activities of the school and Making the school an unparalleled intellectual and professional resource for its alumni. This e-newsletter is part of this effort. It highlights resources, as well as news and events of interest. READ MORE

	YES Innovation Summit and Y50K Entrepreneurship Competition Awards Ceremony On Saturday, April 12th, the Yale Entrepreneurial Society (YES) held its second annual Innovation Summit and fourth annual Y50K Entrepreneurship Competition Awards Ceremony. The day consisted of a series of professional panels on social and pure for-profit entrepreneurship -- discussing topics such as technology's implications for media and use of the Internet to promote social causes. READ MORE China: A World of Contrasts and Opportunities 15 SOM students travel to China to discover for themselves, "How true are the clichés about the Middle Kingdom?" By The 2003 SOM China study trip members. Prepared by Jonathan Cohen. "Why did you come to China?" This was the often-repeated question that Chinese students, managers in both domestic and multinational companies, and even the US Consul General in Shanghai, asked us during our 15-day trip. Perhaps it was the diversity of our group that triggered the repetitive question. READ MORE Third Annual Private Equity Conference The Private Equity Student Interest Group at the Yale School of Management hosted the third annual Private Equity Conference. This year's conference, Surviving the Downturn; Preparing for an Upturn, attempted to look ahead in what appears to be a very challenging economic and political environment. READ MORE Working Together: Yale SOM, Yale University, and the City of Ansonia, CT An SOM Outreach team, along with SOM alumni mentor Tom Guiltinan '02 and Yale Properties in the Office of New Haven & State Affairs, created a redevelopment plan for the local town of Ansonia. READ MORE MORE SCHOOL NEWS >>

	Yale SOM Alumnus, Richard Perlmutter '80, receives Grammy Nomination for Best Musical Album for Children Beethoven's Wig - Sing Along Symphonies by Richard Perlmutter has received many accolades, being described as "a perfect cross between entertainment and education, powered by lyric writing of exceptional craft and imagination." READ MORE John Thornton '80 retires as President & Co-COO of Goldman Sachs, effective July 1, 2003, and is appointed a full professor at China's Tsinghua University. According to the Associated Press, he will be the first non-Chinese to receive such an appointment since the founding of the People's Republic of China in 1949. Mr. Thornton will serve as professor and director for the newly established program for Global Leadership. G. Chris Rodrigo '80 recently published a book on the economics of technological change, Technology, Economic Growth and Crises in East Asia (Edward Elgar Publishing 2001) Salma Sakhnini '94 Collaborates with Professor Arturo Bris Currently working for Citibank in the United Arab Emirates, Salma started a new division focusing on organizational learning, the Citibank Learning Center in Dubai. As director, she worked with Professor Arturo Bris, Assistant Professor of Finance at Yale SOM, to develop a new product, the Online Chartered Financial Analyst (CFA) Exam Preparation Program (OCEPP). READ MORE Oscar Stefani '01 co-authored an article that was recently published in The New Leader (March/April 2003), "Keeping the Pressure on Hugo Chávez - The End of Indifference in Venezuela." SEC Chairman and Yale SOM founding dean William Donaldson announced last week that he has selected Patrick Von Bargen '78 to be his executive assistant, filling a critical vacancy in the chairman's office. The Net Impact Student Interest Group gratefully acknowledges Jon Carson '84, Chairman, cMarket, for his generous support of the YES Innovation Summit 2003 and Y50K Business Plan Awards Ceremony, which took place April 12, 2003. MORE ALUMNI LEADERS >> SIGN UP TO BE A CLASS AGENT >>

	Yale SOM and SOMAA host the New York City Unveiling of Professor Robert Shiller's New Book, The New Financial Order: Risk in the 21st Century The International Center for Finance and the Yale SOM Alumni Association of New York City hosted a lively discussion of Professor Robert Shiller's new book, The New Financial Order: Risk in the 21st Century, on April 8th at the Yale Club of New York City. In the company of more than 300 business leaders, alumni, and friends of the school, Professor Shiller unveiled his plan for our financial security by describing new ways to hedge against the ever-increasing risks that society faces. READ MORE/VIEW ONLINE The Largest Yale Event West of the Mississippi On Saturday, March 15, over 400 Yale alumni and guests gathered for the 2003 Yale California Alumni Gala at the Palace Hotel in San Francisco. An event for all Yale Schools and all classes, this was a unique opportunity to reconnect with friends and colleagues and to meet many new and interesting people. READ MORE

	Yale Launches International Website "The website, Yale and the World offers a gateway to the global aspects of Yale University," said Vice President and University Secretary Linda Lorimer. "The site will be a comprehensive resource for researchers or media representatives interested in international affairs, prospective students outside of the United States and current Yale students, faculty and alumni." READ MORE MORE YALE NEWS >>

	Megunticook Scholars Program Launched for the first time last year as one of the key elements of the Yale School of Management's efforts to attract the most talented minorities to its MBA program, we once more are pleased to offer the Megunticook Scholars Program for students of African-American, Hispanic-American, and Native-American descent. Made possible through the generosity of Yale SOM alumnus Thomas Matlack '91, this program again will recognize two outstanding first-year MBA candidates who demonstrate a core intent to give back to their communities. READ MORE WANT TO BE AN ADMISSIONS ALUMNI AMBASSADOR? >>

	Thanks to all the alumni who continue to participate in career events and activities! As recruiters, presenters, counselors, and consultants, and for participating in "SOM in the City," "Tell Me about Your Job" Series, Alumni Panels, CDO Treks and Job Fairs, and Mock Interview Series. READ MORE RECENT JOB POSTINGS FOR ALUMNI Consulting Manager Financial Research and Advisory Committee Chicago, IL MORE INFO >> Manager of Marketing & Analysis Capital One Metro Area Washington, DC MORE INFO >> Manager, Financial Services Practice Edgar, Dunn & Company Atlanta, GA MORE INFO >> Executive Director The Albert Schweitzer Fellowship Boston, MA MORE INFO >> VIEW ALUMNI JOB POSTINGS >> ALUMNI CAREER RESOURCES >> PARTICIPATE IN CDO ACTIVITIES >> POST A JOB: SEND US A JOB LISTING IN WORD OR PDF FORMAT >>



	Your contacts at the Office of Alumni Affairs: Maureen Burke Rita Chepulis Louise Koch

Want to stop receiving this newsletter?

Questions? Comments? yalesom@mail.som.yale.edu

Print this newsletter or view it online