DEAN’S IMPACT REPORT 2016–2017 QUESTROM SCHOOL OF BUSINESS
On March 30, Allen (Questrom’64, Hon.’15) and Kelli (Hon.’15) Questrom returned to campus for the second annual Questrom Day. Students, faculty, and staff gathered for refreshments and conversation in the Chiles Atrium of the Rafik B. Hariri Building, celebrating the continuing impact of the $50 million gift the Questroms made through their foundation in 2015.
FROM THE DEAN The two most important words in business and in this report are: Thank You. During the academic year just completed, you have helped us continue our momentum at Questrom School of Business through your gifts of time, talent, and treasure.
“YOUR FINANCIAL SUPPORT MAKES AN IMPACT AT QUESTROM.”
In these pages you will see how your financial support makes an impact at Questrom. You will learn about our faculty’s efforts to address exciting and challenging questions facing business today. You will meet several of our extraordinary students, many of whom are attending Boston University as a result of generous scholarship support that our alumni and other friends provide. You will also learn about several innovative programs that help make Questrom a very special place. Giving to Questrom is a powerful way to get involved with Questrom and make a difference. We value your support, and encourage you to learn about the many ways to connect with us—from mentoring students and participating in a career network to advocating for the School and our students for internships and full-time jobs with your employer. We look forward to welcoming you at 595 Commonwealth Avenue during the coming academic year, and I particularly look forward to sharing news about our plans to create a new graduate facility on Bay State Road.
INSIDE Research
2
Students
5
Donor impact
8
By the numbers
We aspire to achieve excellence by creating value for the world. Your support provides important fuel enabling progress. Thank You again for another milestone year.
12 Kenneth Freeman Allen Questrom Professor and Dean Boston University Questrom School of Business
DEAN’S IMPACT REPORT 1
RESEARCH At Questrom, we don’t hold back when it comes to taking on the biggest, thorniest issues. Health care, ethics, and sustainability? Questrom leads institutes focused on each of them. Led by our faculty and engaging dozens of BU’s best professors, these institutes propel innovative ideas forward by fostering a culture of knowledge-sharing and global reach. SUSILO INSTITUTE FOR ETHICS IN THE GLOBAL ECONOMY “If we want a sustainable business environment, then we must establish a virtuous cycle in business ethics,” said Indonesian businessman Harry Susilo in 2015, when he made his generous gift to endow the Harry Susilo Institute for Ethics in the Global Economy. The Susilo Institute develops ethical capacity in today’s and tomorrow’s global business decision-makers— preparing them to lead with integrity, inspire courage through action, and to use their voices
“If we want a sustainable business environment, then we must establish a virtuous cycle in business ethics.” HARRY SUSILO
“This has been an exciting year.” KABRINA KREBEL CHANG
Kabrina Krebel Chang
boldly to impact their organizations and the world. It achieves this by forging cross-cultural relationships, with a focus on understanding, appreciating, and learning from both Eastern and Western perspectives. This has been an exciting year,” says Kabrina Krebel Chang, the Institute’s executive director for the 2016–17 school year. “Our inaugural symposium was last year in Surabaya, Indonesia—Mr. Susilo’s birthplace. Academics from around the world gathered, along with business and government leaders. We are currently preparing for our second Global Ethics Symposium in June, to be held here at Questrom, which will feature compelling panels and presentations by both academics and practitioners, and site visits to local businesses that do well and do good.” 2 QUESTROM SCHOOL OF BUSINESS
Chang adds that the Institute is continuing its mission to create and support curriculum for BU students by establishing the Susilo Institute Directed Study in Business Ethics: a two-credit, supervised research project focused on business ethics. In addition, a Susilo Institute Internship Program is being developed to place Questrom students in meaningful and impactful positions with local and global nonprofits.
INSTITUTE FOR HEALTH SYSTEM INNOVATION AND POLICY The Institute for Health System Innovation and Policy, now finishing its first year, focuses on bringing together world-class academic, industry, and regulatory resources to address important national and global health care challenges. Its director, Jonathan Woodson, is a vascular surgeon and former assistant secretary for health affairs for the US Department of Defense. In addition to serving as the Institute’s founding director, he is the Larz Anderson Professor in Management and professor of the practice at Questrom, a professor of surgery at the School of Medicine, and professor of health law, policy, and management at the School of Public Health. Woodson came to Questrom in part because he was impressed by the work the School has done in improving intelligent design and operation, as
“We must create smart, sustainable public policy that all people will benefit from.” JONATHAN WOODSON Jonathan Woodson
well as in training future leaders in health care. Under his leadership, that work continues. “In the twenty-first century,” he said at the time, “these leaders need to be equipped with new skills to utilize data and organize multidisciplinary teams to solve complex problems.” He said the Institute will consider how all the information out there—something like 15,000 biomedical articles published every month!—can help shape the way we deliver health care. “As you drive innovation, how do you encode it?” he said. “We must create smart, sustainable public policy that all people will benefit from.”
INSTITUTE FOR SUSTAINABLE ENERGY The Institute for Sustainable Energy (ISE) seeks to harness world-class research and education resources to contribute to important global economic, social, and technological challenges. ISE is far more than a think tank; it is a powerful example of a new generation of “think and do tanks.” It engages and collaborates with energy technology firms, public agencies, other universities and research organizations, and environment- and energy-focused NGOs—all to promote and support world-class research by BU faculty working on these challenges across all disciplines. It also educates and engages BU
Peter Fox-Penner
students who want to help meet sustainable energy challenges in their professional lives, and promotes solutions to sustainability challenges by collaborating with stakeholders outside the University. ISE’s director is Peter Fox-Penner, a professor of the practice at Questrom whose research and writing interests are in electric power strategy, regulation, and governance; energy and climate policy; and the relationships between public and private economic activity, including corporate social responsibility. He is a former principal and chairman of The Brattle Group and the author of Smart Power, a book widely credited with anticipating and shaping the transformation of the power industry.
QUESTROM FACULTY DON’T JUST SHARE KNOWLEDGE—THEY CREATE IT. Research is at the heart of our mission to create value for the world. Our faculty come up with strategies to solve the most complicated problems. They look for and identify important patterns in business behavior. They zero in on what works and what doesn’t. Then they share this knowledge with their students and with the professional world. And by so doing, they make waves. Here are just a few who made waves in 2016. Carey K. Morewedge: how we get to “yes” Associate Professor, Marketing Morewedge researches how high-level cognitive processes such as memory, attention, and mental imagery influence human judgments and decisions. His research elucidates how
ISE is far more than a think tank; it is powerful example of a new generation of “think and do tanks.”
these processes influence judgments of utility—the value or pleasure that experiences provide—often more than the experiences’ physical properties or market value. Judgments of utility determine which experiences people choose, how much of particular experiences they will choose to engage in, and how much money, time, and effort they will spend to engage in or avoid those experiences. In 2016, Morewedge was recognized by Poets & Quants—a top online resource for business students—as one of the “Top 40 Under 40 Most Outstanding MBA Professors,” and his research has been featured in The New York Times, The Washington Post, The Economist, Forbes, and TIME. (continued on page 4)
DEAN’S IMPACT REPORT 3
RESEARCH Marshall Van Alstyne: Decoding the Disrupters Professor, Chair of Information Systems, Everett W. Lord Distinguished Faculty Scholar
Marcus Bellamy: On the rise Assistant Professor of Operations and Technology Management, Isabel Anderson Career Development Professor
Van Alstyne is a leading expert in network business models. He conducts research on information economics, exploring such topics as communications markets, intellectual property, the social effects of technology, and the productivity effects of information. As co-developer of the concept of “twosided networks,” he has been a major contributor to the theory of network effects, a set of ideas now taught in more than 50 business schools worldwide. Van Alstyne co-authored the 2016 book Platform Revolution: How Networked Markets Are Transforming the Economy—and How to Make Them Work for You, which examines platform-based companies such as Uber, Airbnb, and PayPal and offers insights into how the platform model will continue to upend the business world—and the lives and work of millions.
In 2016, Bellamy received an Isabel Anderson Career Development Professorship, which supports outstanding junior faculty and was funded by the estate of longtime Boston philanthropists Isabel and Larz Anderson. He will hold the appointment for three years. Bellamy’s research on innovation and management of supply chains draws on many fields beyond business, and uses analytics and visualization techniques to help businesses identify patterns, trends, and clusters.
DONORS PLAY A KEY ROLE IN MAKING QUESTROM A RESEARCH POWERHOUSE. THEY DO THIS BY: • Establishing endowed professorships, which are permanent resources used to recruit, retain, and honor the world’s best minds • Endowing research funds, which propel new work forward by helping faculty hire research assistants, travel to gather information and attend conferences, and pay for expensive data sets. • Supporting lectures and symposia, which enable faculty to share their best ideas with students, the media, and the general public
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Chris Dellarocas: Shaping digital learning across the University Associate Provost for Digital Learning and Innovation; Richard C. Shipley Professor of Management in the Department of Information Systems In March 2016, Dellarocas was appointed as BU’s first associate provost for digital learning and innovation. In this role, he leads the advancement of activities and strategies that enhance education at BU through the use of digital technologies. A former management consultant who has emerged as an internationally known scholar in the fields of online reputation and social media, Dellarocas today works with other senior academic leaders to figure out how to best leverage modern technologies to enhance teaching and learning across all of BU’s 17 schools and colleges. Anita L. Tucker: Better process, better health care? Associate Professor of Operations and Technology Management Before coming to BU, Tucker worked in a wide range of operations-related positions, helping to manufacture products as diverse as fruit-on-the-bottom yogurt and nuclear submarines. Today, she investigates how service process design impacts quality and efficiency, with a particular focus on care-delivery processes in hospitals. One recent finding that emerged from her research: A lack of internal integration in the hospital setting results in a culture of workarounds that collectively waste up to 10 percent of the staff’s time.
STUDENTS AN AMBITIOUS UNDERGRADUATE HITS HER STRIDE AT QUESTROM Carmen Zheng (Questrom’17) had a strong high school record and knew she wanted a business degree, but when it came time to choose a college, she didn’t want to look beyond Miami, where she’d moved with her family at a young age. The local community college was close and affordable, so she enrolled. She excelled there—and her horizons broadened. “My mom wanted to propel me forward,” Zheng says of the decision to apply to BU as a transfer student. “I know it took a lot for her because she didn’t want me far away, and both of my parents work 12 hours a day for low wages.” But with her parents’ encouragement—and two scholarships from BU covering more than half of her tuition— she made what she calls “a leap of faith” and enrolled at Questrom. She’s concentrating in finance, is an active member of the Finance Club, and will complete her degree in September, with hopes of entering a development program at a large company. Zheng is a beneficiary of a scholarship gift made by Molly McCombe, a 1987 Questrom graduate, and her husband, T. J. Callahan. She has built a friendship with McCombe, who has offered Zheng career advice in addition to scholarship support. This is a growing trend at Questrom: scholarship donors connecting with the students who benefit
Carmen Zheng (Questrom’17)
from their support, and offering them advice and counsel. “I know for sure that if I didn’t have scholarships, I wouldn’t have come here,” Zheng says. “The scholarships made it possible.”
“The scholarships made it possible.”
QUESTROM MEANS . . . On March 30, the second annual Questrom Day, students took the time to think about—and post about!—what their School means to them, to their careers, and to the world.
DEAN’S IMPACT REPORT 5
STUDENTS FROM A PASSION TO A PROFESSION After finishing college, Daniel Meyer (Questrom’17) worked as a food writer in New York City, where his professional portfolio quickly broadened to include work as a cookbook author (alongside celebrated writer and activist Mark Bittman), recipe developer, and restaurant critic. He enjoyed the work, but longed to do still more. “After a time,” he explains, “I found that there was too little connection between the people who like food for food’s sake— you know, cooking and dining—and organizations working on issues that matter.” He launched a “philanthropic supper club” as a means of engaging foodies in food justice-related causes, but soon realized that he needed more knowledge to scale it up. “I had really no exposure to what it takes to start a venture from scratch, especially a socially minded one,” he said. The time was right to enroll in Questrom’s Public & Nonprofit MBA program. In the classroom, Meyer focused on entrepreneurship, marketing, and business plan development. As the summer of 2016 approached, he felt ready to test-drive his new knowledge, but knew that the small nonprofit he wanted to intern for—Drive Change, a food-truck company—wouldn’t be able to pay him. So he drafted a proposal and applied for fellowship support from Questrom. He received $7,000—enough to cover most of his summer expenses, including rent, transportation, and other costs of living. Drive Change is a nonprofit that uses the food truck environment as a fellowship and job-training program for recently incarcerated young people. “In a very direct way, they’re using cooking as a way to achieve social good,” Meyer said. He helped the fledgling company with several different projects
6 QUESTROM SCHOOL OF BUSINESS
Daniel Meyer (Questrom’17)
over the summer, creating a professional development curriculum, launching a small product line, and laying the groundwork for a shift to a commissary model. His internship gave practical help to Drive Change, and also gave him the chance to testdrive a new career. “Knowing that I might want to get back to New York and start a social enterprise, it was useful to see what it’s like day to day at an organization like that,” he said. “The internship fund was invaluable. I wouldn’t have been able to do it if I didn’t have that buffer in my back pocket.” Meyer knew when he came to Questrom that he wanted to pursue a social impact career. He believes that more funding for nonprofit internships will help even more people find their way into that kind of work. “It’s a nice way to encourage people to pursue an opportunity they might not have expected, and then you have a smart MBA student potentially wanting a social impact career,” he said. “That has a ripple effect going forward.” To learn more about the Internship Fund, visit questromworld.bu.edu/internshipfund.
ROBERT EVANS: WHY I GIVE Robert Evans graduated from both BU’s College of Communication (in 1968) and its School of Education (in 1971), and he’s made gifts to both as an alumnus. But when he learned about social impact internships at Questrom, he knew he’d found yet another way to support his alma mater and provide a venue to strengthen nonprofit agencies. “The program just resonated,” says Evans, who has built a successful career as a consultant to nonprofits, focused on strategic planning and fundraising. This experience, he says, gave him a unique perspective on the importance of helping graduate students complete internships at nonprofits, many of which can’t afford to pay competitive stipends. “What we see across the country is a great need for better managers in the nonprofit world,” he said. In 2016, Evans and his former wife, Carole (CAS’69), made a gift to establish the Evans Family Fellowship Fund, a permanent endowment in support of students in the nonprofit MBA program who complete internships—students like Daniel Meyer, for example. Their gift will support generations of students and indirectly the organizations they will serve. “What I’m hoping is that the fund will help some of the people who come to Questrom for nonprofit management, but who worry about doing an internship for which remuneration might be inadequate or nonexistent,” Evans says. “I hope there will be other alumni who see the power of programs like this—both to attract great students and to make Questrom even stronger. From my perspective, it’s a priority to help create the next generation of nonprofit leaders,” he says. “And for Questrom to assist in many different ways will position the school and alumni to become major leaders.”
“I hope there will be other alumni who see the power of programs like this.” ROBERT EVANS
DONORS HELP BU ATTRACT THE BEST STUDENTS. Generous donors help keep a Questrom education affordable for all qualified students, regardless of those students’ economic circumstances. At both the undergraduate and graduate levels, scholarships also help BU attract the best students, who often have competing offers from several top-tier schools. • Donors can endow a scholarship with a gift of $100,000 or more, creating a permanent resource for financial aid • Donors can also make current-use gifts through the Annual Fund to financial aid and support students right away
DEAN’S IMPACT REPORT 7
YOUR IMPACT 2016–2017 THE BUzz LAB: TURNING IDEAS INTO BUSINESSES As a major research university in a global city, Boston University has no shortage of would-be entrepreneurs among its students. BUzz Lab, housed at Questrom, is the go-to destination for all BU undergraduate and graduate students interested in learning how to launch and grow new businesses. BUzz Lab offers expert mentors and a range of programs across the entrepreneurship spectrum, including workshops by industry insiders, competitions that validate business concepts and provide useful feedback, and an intensive full-time summer accelerator for students eager to get their start-ups market-ready. Serving it all is the BUzz Lab Hive, an online community that functions as a supportive ecosystem connecting startups, mentors, current students, and alumni. Donor support helps the BUzz Lab offer stipends to students working on exceptional projects, and is especially important as more and more students seek to become entrepreneurs.
Students take in advice at the BUzz Lab (above). At left: Rachel Geicke (left), and Mariana Ferreira (right), co-founders of Snow Monkey.
FROM AN IDEA TO “ICE CREAM” Want an example of a company that launched thanks to the BUzz Lab? Here’s just one: Snow Monkey. Passionate about healthy eating, Mariana Ferreira (Questrom’16) and Rachel Geicke (SHA’15) started experimenting with guilt-free desserts in their dorm. When friends liked what they were making, Snow Monkey was born. A vegan, paleo, protein-rich, and allergen-free frozen blend of fruits, seeds, and superfoods, Snow Monkey is like ice cream—but much better for you. At BUzz Lab, where they participated in the 2015 summer accelerator, Ferreira and Geicke learned the importance of having a good plan as well as a good idea, developing a catchy and informative pitch, and seeking feedback from their fellow entrepreneurs. They also received guidance from Lucy Halperin Zaro (CGS’75, Questrom’77), a BU Overseer and a member of the Questrom Dean’s Advisory Board. After taking first place and the people’s choice award at the 2016 New 8 QUESTROM SCHOOL OF BUSINESS
Venture Competition, they ran a successful Kickstarter campaign and moved to Southern California, where their Goji Berry and Cacao flavors can be found in stores ranging from 7-11 to farmer’s markets.
DONORS PLAY A KEY ROLE IN ENHANCING AND SUSTAINING THE ACTIVITIES OF THE BUzz LAB, AND MANY OF THEM ALSO PARTICIPATE AS MENTORS IN THIS HIGH-PRIORITY, HIGH-IMPACT PROGRAM.
STUDENT CAREER TREK
GOING GLOBAL
At Questrom, we don’t just give students the knowledge they need to thrive in their careers. We also help them get that post-graduation job.
INTERNATIONAL EXPERIENCE TRIPS COMBINE SERIOUS SCHOLARSHIP WITH PROFESSIONAL IMMERSION
On campus, students can turn to the Feld Career Center—named in honor of a gift made by Kenneth Feld, a 1970 Questrom graduate and the chairman of the Boston University Board of Trustees—which hosts on-site interviews and offers counseling and connections. On an almost daily basis, you can find representatives from major companies in our halls, sharing their knowledge and meeting students.
“We have first-class research and teaching faculty at Questrom, and we have wonderful communication resources, especially now with Skype and other technologies,” says strategy and innovation senior lecturer Gregory Stoller. “But I personally have yet to find a way to really teach entrepreneurship and international business without bringing the students into the field to meet with the executives directly, to breathe the air, and to pound the pavement.”
Just as important is what happens off campus. Our alumni host networking events around the world—everywhere from Taipei to Texas. And we’re always encouraging our students to look beyond Comm Ave: many of them participate in “career treks,” trips to other cities, states, and even countries where they attend conferences and case competitions, network with alumni and other professionals, and get that all-important face time with potential employers. Because career trek costs aren’t covered by tuition, many students face difficult financial decisions when it comes to participating in them. Even a small donation can make all the difference for a student pursuing a professional lead. This past year, for example, donors who gave to the Annual Fund enabled the following: – Almost 100 undergraduates went to New York City for a finance and real estate career trek
Questrom has stood out for some time as a global school—not only for preparing its graduates for employment in an increasingly interconnected world, but also for the global reach of the knowledge generated here. Since coming to Questrom two years ago, Stoller has further amplified this global focus by offering two international experience classes designed to immerse students fully in the realities of doing business overseas.
– More than 75 students from multiple graduate programs engaged in a daylong strategy simulation – 30 graduate students participated in the West Coast networking trek to Silicon Valley – Five students attended the Asian MBA Leadership Conference – Four undergraduates attended the Net Impact Conference – An MBA student participated in a top internship program in Haiti – Three graduate students attended the Reaching Out MBA (ROMBA) Leadership Summit
I thought it was very, very valuable. Not only did I learn how to network, I learned about a bunch of companies, I learned about myself—what I like, and what I don’t like. I know how to meet more people, how to interact, and how to not be afraid to ask questions. — RAZ, 2017 GME PARTICIPANT Undergraduates in Stoller’s Global Management Experience (GME) class—from all BU schools and colleges and who gain admission to the course through a competitive application process— spend several weeks preparing for a springbreak trip involving intensive travel and study. Students work in teams that concentrate on a certain company or cultural element on the trip, and are responsible for developing briefings and
A group of Questrom students visited IBM headquarters in Armonk, New York, where they “met” the supercomputer Watson.
(continued on page 10)
DEAN’S IMPACT REPORT 9
YOUR IMPACT 2016–2017 presentations to prepare themselves and their classmates for the meetings abroad. While overseas—this past March, for example, they went to Hong Kong and Shanghai—they visit companies, learn about local cultures, and consider how their classroom learning connects to what they’re seeing. Back on campus, they write a lengthy report—“a research paper,” Stoller says, “that they can additionally use in other classes and in future internships.” Among other activities, this year’s group visited factories, finance firms, and Shanghai United Hospital, dined with senior deans at Donghua University, and networked with BU alumni over dinner. Stoller changes the countries, cities, and companies every year to keeping things fresh and to avoid repeatedly imposing on the same executives. Stoller takes care to note that these international experiences are classes—and there’s serious learning involved. “This isn’t a casual, not-forcredit spring break trip, or a cultural exchange in which you get to shop and sightsee. It’s anything but that. The students get course credit for traveling to the Pacific Rim, and they really have to work for it.” His class for graduate students—called the International Consulting Project—actually puts students to work for a Beijing-based boutique strategy-consulting firm. This year’s cohort, which represented Questrom’s MBA and PEMBA programs as well as the College of Engineering
A BU student team presented its work to clients in Beijing.
International experience classes are designed to immerse students fully in the realities of doing business overseas.
and the School of Law, worked on projects in brand valuation, advanced manufacturing, and renewable energy. They spent the fall and even parts of the preceding summer working on interviews, case studies, and other research. In January, they traveled to China to meet with and present to their clients—publicly traded and privately held Chinese firms. As in Stoller’s other course, the topics change annually, based on the strategy firm’s client pipeline. Demand for the international experience classes is high and students are expected to apply as though applying for a job—including writing a letter explaining why they’d benefit from the class and how they could contribute to the larger group effort. Occasionally, though, a strong applicant isn’t able to pay for the travel costs associated with the class. “We do everything we can to keep costs down, but despite all of those efforts, we still are occasionally pricing somebody out of the market. I hear from students who say, ‘I’d love to do this, but I can’t afford it.’” Stoller observes that with sufficient philanthropic support, he could offer travel fellowships to certain students and, potentially, expand the class. He adds that some of the connections students have forged abroad have led to job offers.
Students in the international consulting project program posed outside Beijing’s Forbidden City in January. 10 QUESTROM SCHOOL OF BUSINESS
“In my opinion,” Stoller concludes. “There’s no better way to prepare for an international career.”
FROM PARENTS TO PARTNERS PARENT LEADERSHIP—AND PHILANTHROPY—IS AN INCREASINGLY IMPORTANT PART OF ADVANCING QUESTROM Mike Zeiden confesses that when his first son finished high school, he figured that he and his wife, Debbie, would become much less involved in his academic life. “When you’re local,” he says, “the school’s a short drive from home. So if they’re having an event or ask for your support, you’re there.” He and Debbie had always enjoyed being involved, though, especially when it came to their children—participating in and leading fundraisers, hosting events in their home, speaking to fellow parents, and donating when they could. So when their son Matthew (Questrom’17) came to Questrom as an undergraduate, they sought out ways to stay involved in his education—and that of his fellow students. That started with making a gift to the School. “Your best investment is in your children,” Zeiden says. “But we know that our gift supports more than just our son. It supports everybody.” Today, Mike and Debbie Zeiden are the inaugural co-chairs of Questrom’s Parents Advisory Board, which came together for the first time in April. Its members are donors to Questrom, but they are also volunteers who serve an important role as liaisons between the School and all Questrom parents. They are advocates for their own children, of course, and also ambassadors
to parents of incoming and current students who might want to get more connected to their child’s educational experience. The Zeidens, for example, have hosted an event in their Southern California home, where they welcomed local alumni, fellow parents, and a number of prospective students. “A lot of people might feel, as we do, that while we can make a monetary donation, it may not be as much as we’d like to give. So we want people to know they can get involved in other ways too, whether it’s hosting an event, making a call or two, or talking to incoming parents.” Mike has also come to Questrom to meet with students and to talk to classes about his business experience (he co-founded a chain of home furnishings and accessories). “It’s a great way to not only give back, but to learn, too.”
“We know that our gift supports more than just our son. It supports everybody.”
Following Matthew’s 2017 graduation, the Zeidens are stepping down from their co-chair roles, but they are confident the Questrom Parents Leadership Council will serve both the school and Questrom parents well into the future. “If you join this council,” Mike says, “you’ll find you’re with like-minded individuals, who, like you, want the best for their kids, and who like being involved and are supportive. “Giving is a great thing. As a fellow parent said to me, ‘Even when your child graduates, your ongoing support will benefit someone else’s child—just as your child benefited from someone who in the past did the same, and so on, and so on.”
Questrom Dean’s Parents Advisory Board Duncan & Gillian Barnard Parents of William, (Questrom’20) Norfolk, MA
Robert & Caron Dreyfuss Parents of Joshua, (Questrom’20) London, England
Dr. Mark Pimentel & Dr. Ruchi Mathur Parents of Luis, (Questrom’20) Los Angeles, CA
Dr. Randy Bryson & Dr. Toni Margio Parents of Logan, (Questrom’19) Las Vegas, NV
Gary & Dayle Goldstein Parents of Richard, (Questrom’19) Middleton, MA
Carol Tegho Mother of Anthony, (Questrom’19) Jacksonville, FL
David (CAS’84) & Jackie (Questrom’84) Cometz Parents of Jillian, (Questrom’19) Mount Laurel, NJ
Mike & Debra Zeiden Robert & Petra Hurkmans Parents of Tim, (Questrom’17) and Jack, (Questrom’20) Committee Chairs Parents of Matthew (Questrom’17) New York, NY Los Angeles, CA Hassan & Fariba Kheradmandan Parents of Rana, (Questrom’18) Encino, CA
Dr. Raj Dharampuriya & Dr. Kavita Navani Parents of Aditya, (Questrom’18) Shrewsbury, MA
DEAN’S IMPACT REPORT 11
IMPACT BY THE NUMBERS CAMPAIGN PRIORITIES • • • •
Scholarships at both the graduate and undergraduate levels Faculty support in the form of endowed chair and research funds New teaching facilities to support our growing student population Increased support for experiential learning and field programs through the Annual Fund
RESOURCES CREATED BY DONORS FOR QUESTROM DURING THE CAMPAIGN TO DATE
46
16
ENDOWED SCHOLARSHIPS AND FELLOWSHIPS
PROFESSORSHIPS
7
4
CURRENT-USE SCHOLARSHIPS
ENDOWED RESEARCH FUNDS
ANNUAL FUND SUPPORT FOR QUESTROM (FY16): Annual giving helps Dean Freeman and other Questrom leaders invest in new programs, help successful ones scale up, and support students and faculty in need.
$1,109,132 TOTAL
1421
STUDENT DONORS
3581
ANNUAL FUND DONORS
24 HOURS, 374 DONORS, $156,838 TO QUESTROM!
THANK YOU FOR YOUR SUPPORT OF QUESTROM SCHOOL OF BUSINESS.
12 QUESTROM SCHOOL OF BUSINESS
616
ANNUAL FUND LEADERSHIP DONORS
BU GIVING DAY, 2017
JOIN AS US WE INVEST IN THE FUTURE OF OUR SCHOOL
WHAT DOES A NEXT-GENERATION BUSINESS SCHOOL LOOK LIKE? It looks like this: transparent, modern, and carefully designed for maximum flexibility in teaching and learning. In the coming year, we look forward to sharing more news about our proposed new building on Bay State Road. Donors will be essential partners in making this much-needed graduate space a reality. We invite you to contact us to learn more about how you can be a part of Building Questrom.
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