Cambridge Judge Business School Network magazine Summer 2008
Director’s message
2
Arnoud De Meyer Director
Another academic year is behind us and
outstanding class. We will also be
importance to challenge those old
we can all feel proud of the progress that
launching an Executive MBA programme
wisdoms. The research by our faculty in
your business school has made. It has
in September 2009 and preparations for
areas as diverse as energy management
been a good year! We have seen the
this are well underway. We continue the
and policy, high performance teams,
successful growth of the MBA
expansion of our activities in executive
global human resources management,
programme by 40%; the launch of a
education, both here in the UK and
innovation, social networks or the role of
series of 16 well subscribed open
overseas. 2009 will also be an occasion
emerging economies will no doubt play a
enrolment programmes in executive
to celebrate the 800th anniversary of our
considerable role in reappraisal of
education; the continued development of
University and the 20th year of Judge
current management practice. Again I
our alumni relations function, including a
Business School. We look forward very
encourage you to visit our website to
new member of the team, Caroline
much to welcoming you back to our
explore some of our ideas, or to attend
Brown; the recruitment of several new
Grand Reunion Weekend from 18-21
one of our short executive programmes
lecturers and the appointment of Jaideep
June next year to mark this great
in which we analyse and discuss the
Prabhu to the J. Nehru Professorship in
occasion.
research.
Indian Business (more about all this in this
Of course we are all aware that we are
I have had the opportunity to meet
magazine). In addition, I am sure you
operating against a background of a
many of you over the last two years, and
continue to notice our increased profile
slowing world economy, which may have
I look forward to meeting many more of
both within the local business community
an impact on the portfolio of executive
you in the year to come. I am always
and the international press. We have also
education and the sources for capital
greatly encouraged by your support
made significant strides in research: have
development and fund raising for Judge
which serves to reinforce my belief that,
a listen to some of our podcasts or read
Business School. However, we are a
thanks to your enthusiasm and concrete
the working papers on our new look
strong, dynamic organisation, in an
financial and organisational support,
website www.jbs.cam.ac.uk
excellent position to take advantage of
together we are building one of the best
the opportunities that such an
business schools in the world.
But we shouldn’t dwell on the past. The forthcoming academic year is
environment offers. Economic
already looking bright. We are very
downturns are often periods where we
excited about the arrival of the first cohort
must reconsider some of the accepted
on the Cambridge Master in Finance in
wisdom in management practice. Good
September. It promises to be an
management research is of significant
Welcome Executive opportunities in Cambridge
5
Grand Reunion Weekend 2009 Celebrating our anniversary year
Born or Made? Concepts of entrepreneurship
16 18
3
24
The Energy Agenda Today’s changing climate
20
Relaunched alumni website Building our global community and resources
&
Chair’s message page 4 School news roundup page 9 Media mentions page 14 MBA Careers page 19 Student news page 26 Network roundup page 28 Forthcoming events page 30 Classnotes page 32
Chair’s message
Welcome to the latest edition of
change certainly did! Alumni ‘Special
Network, packed with all the latest
Interest Groups’ have gone from
news from your alumni community.
strength to strength – to register with
It has been a busy and exciting schedule
any of the existing SIGs (Marketing,
for Judge Business School alumni since
Biotech and Banking & Finance) contact
last summer’s edition of Network. Many
alumni@jbs.cam.ac.uk. Finally, a packed
initiatives have helped to bring us all
calendar of social events in the UK and
closer together, whether it is at social
across the globe continues over the
events or specialised events targeted to
coming months. We are particularly
our own careers. A key component of
looking forward to celebrating the
this has been the launch of the new
School’s 20th year in 2009. Make sure
Jeremy Marchant
Alumni website
you book your ticket early to the ‘Grand
MBA 2002
www.alumni.jbs.cam.ac.uk which has
Reunion Weekend’ (see advert on page
been a key driver in bringing the global
18). This will be one party to remember!
Judge Business School alumni 4
Please don’t forget to communicate
community closer together. It has helped
all the latest alumni news, personal
to foster increased communication and
updates and comments to Rachael and
exchange of news both between classes
Helen in the Alumni office at
and between those engaged in common
alumni.jbs.cam.ac.uk
business sectors. A significant success story has been the ‘Class Ambassador Scheme’, whereby class reps gather and feedback news & gossip onto the website relating to their class. You can access your own class news page through the alumni site above. A second key initiative has been the launch of the ‘Judge Business School Prominent Speaker Series’, a series of quarterly London-based lectures by prestigious global leaders. To date speakers have included Lord Leon Brittan, Vice Chairman of UBS Investment Bank and Sir David King, former Chief Scientific Advisor to the British Government. We didn’t think Lord Brittan’s talk on the Lisbon Treaty could be beaten in terms of raising controversial debate but Sir David King’s exposition on the risks of global climate
Focus | Executive Education
Dr Larry Abeln talks executive opportunities in Cambridge Network speaks with Dr Larry Abeln, Director, Cambridge Executive Education, Judge Business School
Cambridge Executive Education
Dr Lawrence Abeln, Executive Director,
Larry, can you tell us about your
programmes are designed for
Cambridge Executive Education joined
background and what led you to
business professionals, managers,
Judge Business School in 2007 having
Judge Business School?
leaders and executives who strive
held significant leadership positions in
Much of my experience during the last
for personal and professional
academia over the last fifteen years. This
fifteen years has focused on directing
growth. Delivering programmes to
includes a post as the Director of the
MBA degree programmes and more
help achieve operational
MBA programme at the Massachusetts
recently executive education. At a young
excellence and business results,
Institute of Technology (MIT) Sloan
age, I had the great privilege to be at the
Judge Business School seeks to
School of Management, Associate Dean
MIT Sloan School directing their full-time
develop leaders prepared for
at Georgetown University School of
MBA programme and working closely
change in a competitive
Business in Washington D.C. and, most
with the faculty on a number of initiatives,
environment.
recently, as the Associate Dean and
including a more cross-disciplinary
Director of Executive Education at the
approach to management education.
University of Texas at Austin. Dr Abeln holds a PhD in Management
I was familiar with Cambridge from my PhD and MPhil experiences. Though we
from Judge Business School and an
are of a small scale compared to many of
MPhil in International Relations from
our peers, the business school is well-
Cambridge University, where he studied
positioned to be a major global provider.
as a Rotary Foundation Scholar. He
We have ambitious growth plans in
received his BA from the University of
Executive Education. The strength of the
Pennsylvania in 1989, where he
Cambridge brand extends across many
graduated Phi Beta Kappa.
international boundaries and linking the
5
Focus | Executive Education
“...the business school is well-positioned to be a major global provider. We have ambitious growth plans in Executive Education.”
6
business school to this market demand
market: IMD, INSEAD and London
First, we have been successful in
is a wonderful opportunity.
Business School.
introducing a newly created portfolio of
As business schools in Europe
open courses. Though the market for
What are the key differences that
increasingly become full-service providers
open courses is competitive, they are
you've noticed between the
and expand their faculty and their
important for Cambridge to offer
executive education sector in the
resource base, they will continue to
because they demonstrate our
US compared to the offering here
advance in reputation in executive
academic capabilities to the market and
in Europe?
education compared to their US
increase the awareness in industry of
Formal business school education at the
competitors. Cambridge is well
Cambridge as an executive education
MBA and Executive MBA level has a
positioned to take advantage of this given
provider. Over 15 of our faculty
long history in the U.S. Likewise, many
our intellectual capital, our links to
members are involved in developing and
US schools have been at the
industry and the strength of many varying
delivering our open courses. They are a
forefront of providing non-degree
academic disciplines that can contribute
reflection of our faculty strengths and
executive education to industry over
to the development of executive
capabilities.
many years.
education programmes.
The market for executive education is
Our courses are mostly two days in duration and are positioned to provide
largely dominated by ten schools which
Since you've joined Cambridge
topical and concise content of practical
generate a total of about £250 million a
Executive Education, what do you
value to clients. We have also introduced
year in executive education revenue.
think have been the most notable
a general management certificate
Three of these are in the European
developments?
“We have a commitment to innovation and its application to business, science and technology which is applied to the way we design and deliver executive education programmes.” programme for candidates who
executive education participants. The
for our clients similar to those offered by
complete multiple open courses.
learning environment is a supportive one
many of our peers. This will allow us to
and focused on helping participants
significantly grow our executive
succeed.
education programmes.
We have also introduced a corporate partnership programme to allow corporations and organisations to send
We have a commitment to innovation
Fourth, we will introduce an Executive
groups to these open courses. We are
and its application to business, science
MBA in 2009. This programme will allow
publicising our open enrolment portfolio
and technology which is applied to the
us to more effectively compete for
through the School’s new website and
way we design and deliver executive
students in industry desiring a brand
CambridgeExecEd.com.
education programmes.
MBA and high quality learning
Second, we have been successful in
Lastly, our programmes add value to
experience on a part-time basis.
building our portfolio of bespoke
individuals and organisations by
programmes especially through larger
providing them with the tools and skills
funding source through the creation of
scale multi year contracts. We are
to improve performance.
international partnerships. This will
working with many clients including
Fifth, we will seek a larger longer term
involve the collaboration of the delivery
Lloyds TSB, Rolls Royce, Royal Dutch
What are your plans and
of our executive education programmes
Shell and McKinsey, as well as clients in
ambitions for Cambridge
with global partners.
the public sector. We have created
Executive Education and its
programmes which focus on helping
growth.
Are you looking to build on
both individuals and organisations
We have five strategic priorities for
your potential?
improve their capabilities and efficiencies
Cambridge Executive Education. The
For further information about
in achieving increased performance.
first began in November 2007, when we
Cambridge Executive Education and
introduced our new open enrolment
exclusive alumni discounts visit
introduction of an Executive MBA in
portfolio. On an annual basis we plan to
www.CambridgeExecEd.com
September 2009. The Executive MBA
offer 15-20 courses across key areas
will be a critical aspect of our portfolio to
including finance/accounting; people
provide an opportunity to those working
and management; strategy and
full time to access our knowledge base
organisations; marketing; and
on a part-time basis.
international business.
Why do you believe people come to
programme portfolio through a focus on
Cambridge for Executive
multi-year larger scale contracts with
Education programmes?
both private and public sector
People come to Cambridge for Executive
employers. Our goal is to design and
Education because of our outstanding
deliver management programmes which
faculty and its excellence in teaching and
add value to these organisations and
relevant research. We provide a first class
help support their increased
service in allowing industry to access our
performance and improved efficiencies.
Third, we are moving forward with the
Second, we will grow our bespoke
significant knowledge base and
Third, we will identify a site for a
academic content across multiple
residential executive education centre in
management disciplines.
Cambridge. As we grow our open and
We also foster a collaborative learning environment and community for our
bespoke programmes, we want to create a residential learning experience
7
Cambridge Executive Education
Special offer for Cambridge alumni 25% discount on all courses Autumn programme includes: Creating Customer Loyalty 25-26 September 2008 Managing Innovation Strategically 16-17 October 2008 Successful Negotiation Strategies 23-24 October 2008 Strategic Issues in Corporate Finance 10-14 November 2008 Designing Global Value Chains 20-21 November 2008 Inspiring leadership improving performance
For full programme visit: www.CambridgeExecEd.com Please quote promotional code AL2507 when booking.
School news roundup For further news from across Judge Business School and the alumni community log on to www.alumni.jbs.cam.ac.uk
Judge Business School is ranked 10th in the World by The Financial Times The Financial Times has ranked Judge Business School 10th in the world in its 2008 MBA Global Rankings, moving up from 15th place in 2007 (January 2008). Dr Richard Barker, Director of the Cambridge MBA, commented: "This ranking will further enhance the reputation of the Cambridge MBA as a
programme that sits alongside the very best in the world. We are continuing to focus on attracting outstanding candidates and on building the distinctive excellence of our programme which is combined with the strength of the wider Cambridge University networks. It is gratifying that the intrinsic
value of the Cambridge MBA has again been recognised by The FT." This news from The FT builds on the Economist Intelligence Unit's ranking, which placed the School 7th in the 2007 global ranking of full-time MBA programmes, moving up from 11th the previous year.
Sir Evelyn de Rothschild Professorship of Finance In October of last year the School was given a gift of £1.85 million from Sir Evelyn de Rothschild and the Eranda Foundation in order to fund the first Sir Evelyn de Rothschild Professorship of Finance. The new Professorship of Finance will lead to the radical development of the existing finance programmes at the School. The post will have special reference to venture capital and devise new strands of teaching, including a new open programme in finance targeting the Cambridge ‘Hi-Tech Cluster’ of entrepreneurial ventures – a sector that makes up approximately 10% of Europe’s high-tech research and development investment.
Existing MBA finance modules are being significantly developed to match best practice worldwide and the specialist Master of Finance (MFin) degree will be available for those with previous experience in the financial sector. With the appointment of an internationallyrecognised leader in finance and economics to the role, the School will be able to promote excellence in teaching and research, foster collaboration between business and academia and bring rigorous research into the practice of venture capital. The Professorship is designed to provide new leadership and fresh vision in this important area and
help establish the School as a global centre of excellence in the field of business finance. The School’s Director, Professor Arnoud De Meyer, said: “This generous endowment will mean major expansion of our faculty and the School's teaching programme in the area of finance. This will allow us to maintain our preeminence as one of Europe’s leading business schools and compete internationally. Our influence as a School is global. As a result we take very seriously our responsibility to contribute the best research, teaching and ideas to the field of business finance, and to bring new perspectives on how it is taught and practised worldwide.”
Judge success with European Case Clearing House Dr Michael Barrett, Director of MPhil Innovation, Strategy & Organisation and Reader in Information Technology and Innovation, Judge Business School has won the 2008 ECCH European case award in the category: Knowledge, Information and Communication Systems Management. Dr Barrett is the first Judge Business School faculty member to have won this prestigious
award. The ECCH is the European Case Clearing House which is a highly regarded institution for teaching cases across Europe. They publish hundreds of cases year from all over the world and select winners of best cases (most successful based on distribution records and the decision of a blind executive committee) across nine categories.
7th Annual Eurasia Conference at the School On 8 November 2008 the School welcomes the 7th Annual Eurasia Conference: “Geopolitical Risks and Business Opportunities in Central Eurasia.” For the seventh consecutive year Judge Business School is hosting this international, policy-oriented conference on Central Eurasia and the wider Caspian region. The discussions will explore the strategically significant dimensions of political,
economic and business developments in the region, with particular focus on energy, security, communications, interregional relations and opportunities in the nonenergy sector. The conference attracts high level government officials, corporate and business leaders, academics and experts from around the world and the region.
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School news roundup
Silicon Valley comes to Cambridge
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November 2007 saw Judge Business School host the inaugural ‘Silicon Valley Connects to Cambridge’ event. The event was part of a larger programme called ‘Silicon Valley Connects to the UK organised by NESTA (The National Endowment for Science Technology and the Arts) and Silicon Valley Connect. Prominent serial entrepreneurs, angels and venture capitalists from Silicon Valley in the US came to Cambridge to meet with their UK peers, Cambridge students and alumni, over a three day forum entitled ‘New Barriers and New Opportunities: Disrupting in a Global Collaborative World’. Cambridge was chosen
as the location for the forum due to its renowned reputation for leading interdisciplinary research in the areas of innovation and entrepreneurship, making it a natural fit with Silicon Valley. Iconic entrepreneurs, including Megan Smith (Google), Hermann Hauser (Amadeus Capital Partners) and Reid Hoffman (LinkedIn), and investors such as James Slavet (Greylock), and Emily Melton (DFJ) shared their views on the latest and most innovative disruptive business models, providing best practice advice on how and why they came to create and fund some of today’s most successful disruptive technology
companies. Professor Arnoud De Meyer said: “The Silicon Valley Conference was a truly exciting opportunity for Judge Business School. I really appreciated the collaboration with Sherry Coutu and Ellen Levy from Silicon Valley Connect who were our co-hosts for this event. The Conference brought together some of the most dynamic Californian serial entrepreneurs, local Cambridge entrepreneurs and students and researchers from Cambridge University. There was a real buzz around this event and I would not be surprised to see some deals or even new start-ups coming out of this initiative.
At the end of the day I could see that delegates and speakers alike had difficulty leaving the Business School and were keen to continue their discussions and share their enthusiasm for innovation and enterprise. At Judge Business School we are fully committed to innovation and entrepreneurship, and this event was a real highlight among all the initiatives we take over the year to promote creativity and entrepreneurship amongst our students.” Nik Rouda, MBA 2005 said: “This event was one of the best conferences I’ve ever attended. The quality and range of speakers was simply extraordinary. DFJ, Amadeus, Oak, Google,
Warburg Pincus, Index, LinkedIn, Greylock, Cambridge Angels and more – all in one intimate venue. The opportunity to really meet the investors and entrepreneurs was fantastic, and every session was packed with keen insight and entertaining stories. I met more of the superstars of the internet world in three days in Cambridge than in 10 years of living in the Bay Area. The new connections and ideas will be invaluable, especially as I have strong ties to both geographies. This event rightly reflected Cambridge’s position as a world-class centre of innovation. Sign me up for next year, please!”
New Jawaharlal Nehru Professorship of Indian Business and Enterprise
In January Professor Arnoud De Meyer, Director, Judge Business School visited Delhi, Hyderabad, Bangalore and Mumbai with Alison Richards, Vice Chancellor, University of Cambridge as part of a team that announced the establishment of the Jawaharlal Nehru Professorship of Indian Business & Enterprise and
the Centre for India Business to the press in Delhi. The Jawaharlal Nehru Professorship of Indian Business and Enterprise has been established to help forge closer links between the Indian and other international economies and to promote understanding of India's interests and its place in the world economy. Assigned to Judge Business
School, the Professorship has been set up with a fund of £3.2 million, contributed by the Government of India to celebrate the centenary of Pandit Nehru’s arrival at Trinity College Cambridge, where he studied for a degree in Natural Science before going on to become India’s first Prime Minister. The University shall retain all of the £3.2m benefaction as a permanent endowment and shall apply the net income from investment of the sum towards the salary and expenses of the holder of the Professorship, and associated overheads. The Cambridge Centre for Indian Business will support the work of the Jawaharlal Nehru Professorship of Indian Business & Enterprise and will initially focus on contemporary research themes relating to today's business environment. Themes to be covered in the first three years include technology innovation, emerging global economies, the relationship between economic development and
knowledge economy and entrepreneurship. Professor Arnoud De Meyer, said: “India and the UK are on the path to a healthy bilateral economic and commercial relationship, arising from a common democratic outlook in both the countries. Recent years have seen a surge of investments into the UK from India, particularly in the IT sector. India is now the second largest investor in the UK from Asia in terms of number of projects. Prominent Indian companies present in the UK include TCS, Wipro, Infosys Technologies, Reliance Infocom and ICICI. Looking at the strong Indo-UK economic relations we are delighted to host the Centre for Indian Business within Judge Business School. The Centre will serve as a focal point for Indian and UK business and policymakers to work together to promote a better understanding of India's business interests and its place in the world economy.”
Further to the announcement of the Chair in January, Judge Business School is delighted to announce that Professor Jaideep Prabhu has been appointed as the first Jawaharlal Nehru Professor of Indian Business and Enterprise. Currently Professor of Marketing and Director of Research at the Tanaka Business School at Imperial College, London, UK, Professor Prabhu was born in Bangalore and grew up in Delhi, Goa and various parts of Karnataka. Professor Prabhu said: “I am honoured and privileged to have been elected to this Professorship. India now plays a pivotal role in the global economy. With 8-9 per cent annual growth, rising foreign exchange reserves, a booming capital market and rapidly expanding FDI inflows, India is the second fastest growing major economy in the world.” Professor Prabhu will assume his new role from 1 September 2008.
Professor Dame Sandra Dawson honoured by the Association of Business Schools Professor Dame Sandra Dawson, KPMG Professor of Management, has been awarded the title of Companion of the Association of Business
Schools (ABS), a newly created honour to mark the fifteenth anniversary of the launch of ABS. This award recognises individuals who have made
significant contributions towards the leadership of one or more UK Business Schools; successful promotion of business and management education,
development and research at national and international levels; policy development at regional, national and international levels which has made a positive
difference to the UK Business School sector; and/or outstanding and innovative achievements which have demonstrated distinction and high quality.
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School news roundup
Women as Leaders Seminar Series
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In February the School hosted the second of its McKinsey Women as Leaders Seminar Series. The seminar entitled ‘The Challenges of Entrepreneurship and Innovation’ featured keynote addresses from Karen Jones, Chairman of
Food and Fuel Ltd, and Mary Marsh, Director and Chief Executive of the NSPCC. Panel speakers included: Vivian Hunt, Principal, McKinsey & Company; Melanie Lee, Head of Research & Development, UCB Celltech; Julie Meyer, Founder and CEO, Ariadne Capital; Alison Maitland, Business writer (moderator). The purpose of the seminar was to bring together some of the UK’s brightest female students with senior professional women from across business, politics and society, to debate the
issues and challenges faced by today’s women in positions of leadership. Robyn Hudson, MBA 2007 said: “The McKinsey Women as Leaders Forum was a unique opportunity to interact with Women who have achieved lofty heights in business, entrepreneurship and even the not-for-profit sector. The key message for me was, in order to find inspiration at work and in life, you must figure out what drives your passion and then just go for it!” Valerie Fitton-Kane, another of this year’s MBAs commented: “In spite of great efforts by business
schools, women are still a minority in MBA programmes. In the classroom environment, it can be hard to discuss the unique challenges we face in the workplace, so signing up for the McKinsey Women as Leaders conference offered a great opportunity to focus on these topics and learn from women who've succeeded in the business world. The keynote and panel speakers, who came from a variety of sectors and backgrounds, were open and honest with us about their experiences and the skills they felt were important for success. In
the middle of the day, we broke out into workshops to work on specific skills such as personal impact and networking. I took the personal impact course and learned about the messages we convey about ourselves subconsciously through posture, eye contact and speech. I now have a new awareness of my impact and an understanding of the ways in which I can make a more positive and powerful impression on others as a businesswoman. I strongly recommend other women to attend this conference.”
Symposium on global finance hosted by Judge Business School In February the School’s Centre for International Business & Management (CIBAM) hosted a two-day symposium on ‘Global Finance’. The CIBAM Global Business Symposium convenes twice a year giving keynote speakers an opportunity to address the Symposium on a matter of topical interest chosen by the CIBAM Global Advisory Board. The opening panel debate, ‘Global Finance: The Issues’, was chaired by Dr Noreena Hertz, CIBAM’s Associate Director and a leading expert on economic globalisation. Influential panelists on the first day included Mr Chen Zhao,
Managing Editor, Bank Credit Analyst; Dr Peter Warburton, Director, Economic Perspectives Ltd and Member of the Shadow Monetary Policy Committee; Mr Jonathan Garner, Managing Director, Morgan Stanley. The panel considered the long-term prospects of global financial markets, arguing that the current credit crisis does not mark the end of the bull market. They also analysed the evolution of the global credit cycle, and discussed whether the boom in emerging markets domestic demands are capable of both mitigating the downturn in the United
States and keeping global economic growth at reasonable levels in the short to medium term. Among those who attended as keynote speakers on the second day were Mr Roger Nightingale, Global Economist, Pointon York Sipp Solutions; Mr Charles Sherwood, Partner, Permira; Mr Richard Hunter, Regional Credit Officer, Fitch Ratings; Professor Michael Dempster, Emeritus Professor of Management Studies, Judge Business School; Ms Vicky Pryce, Chief Economic Adviser and Director General of Economics at BERR and Joint Head of Government
Economic Service. This panel covered ‘Global Finance and the Future of Private Equity’ and ‘Global Finance: Credit Crisis’. Panelists and presenters discussed quantitative fund management, credit ratings, in particular how the current environment is shaping rating agencies and whether private equity can still justify its role in the economy and society. In addition they considered how the rise of China has inadvertently contributed to the world's current economic crisis and why credit policy is now too important to be left to central bankers.
Commenting on the event, Dr Christos Pitelis, Director of CIBAM, said: “The reasons behind the current problems in the financial markets, and to what extent private equity and securitisation have contributed to these, are all issues that businesses, governments and civil services should to be aware of. We hope that the symposium will encourage dialogue and collaborative opportunities between representatives from these communities in dealing with the challenges presented by the ongoing turmoil in the world’s economic climate.”
Lifetime Achievement Award for Dr Chris Hope
In brief… Professor Stefan Scholtes will finish in his role as Director of Research on 30 September 2008. Stefan has had remarkable success as Director of Research and in stimulating and enhancing the research orientation of Judge Business School and the RAE submission last November was a clear indication of this change in research orientation.
Dr Chris Hope, University Reader in Policy Modelling at Judge Business School, has been awarded the prestigious 2007 AspenEABIS Faculty Pioneer Lifetime Achievement Award. This title is conferred by the European Academy of Business in Society (EABIS) and The Business and Society Program at the Aspen Institute who, in partnership, run the annual European Faculty Pioneer Awards. The awards celebrate individuals who have demonstrated leadership and made a visible impact on business practice through integrating corporate responsibility and sustainable development issues into academic research, educational programmes and business practice. Dr Hope has sustained critical research over the last
15 years synthesising scientific and economic information on climate change. Using this data he has built mathematical models to help practitioners in their decision making when confronted with the effects of global warming. His most noted work is in the continuous development of the PAGE (Policy Analysis of Greenhouse Effect) integrated assessment model, which was used for the impact calculations in last year’s influential Stern Report – commissioned by the Government. Director of the School, Professor Arnoud De Meyer, commented: “This award acknowledges that Dr Hope is a true originator in the field. He has been a front runner in the exploration of what climate change would and will mean to society, and in particular to
businesses. He was developing his work at a time when these issues were decidedly unfashionable. Today the relevance of Dr Hope’s conclusions and prescriptions are having a real impact on policy and businesses and on the way ordinary people live their lives.” The award was first announced during a gala dinner event at EABIS’ 6th Annual Colloquium hosted by ESADE Business School in Barcelona, Spain on 20 September 2007, during which Dr Hope also addressed over 300 senior business leaders and academics on a plenary panel on climate change. The award was confirmed at the Aspen Institute's Awards Ceremony in New York City in November 2007.
Professor Danny Ralph has been appointed as the new Director of Research and will assume his post on 1 October 2008. Dr Jochen Runde has been appointed as Director of The MBA Programme and assumed his post from 1 September 2008. Dr Matthias Holweg has been promoted to Reader in Operations Management. Dr Richard Steinberg, Reader in Operations Management, has been awarded a three year joint research grant from the ESRC and DFG (German Research Foundation) for £570,000. Dr Steinberg partners with Professor Martin Bichler, Technical University of Munich, on this grant for their research, which is entitled ‘A Comparison of Centralized and Decentralized Combinatorial Auctions’.
Congratulations to the IPCC (The Intergovernmental Panel on Climate Change) who recently won half a share of the Nobel Peace Prize along with Al Gore for the work that has been done on climate change. Professor Chris Hope (now a Nobel Laureate) is only one of only three Cambridge academics who are Lead Authors of the IPCC. Check out the new-look School website – www.jbs.cam.ac.uk. With improved visual impact, redesigned for our target audiences and School goals, the new website is more userfriendly providing clear links to relevant information. In addition, research and School news feeds, podcasts and microformats provide additional features of interest for our website visitors. Sign-up to our Research Focus news feed or listen to faculty discussing their research.
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Media mentions For more on these articles and further media mentions visit www.jbs.cam.ac.uk/news/press_cov
The Sunday Times
The Financial The Financial Bloomberg CNN.com Times ‘Judge Business School ‘Testosterone may drive ‘Helping women help
‘The smarter ways to break into banking’ 22 June 2008
‘Beijing rebukes west over regulation’ 28 May 2008
MBA 2007 Giorgi Megrelishvili is interviewed on signing up for a year-long MBA at Judge Business School in order to improve his chances of working in banking and finance in Western Europe.
14
The Irish Times ‘Going nuclear is back on the energy agenda’ 17 April 2008 Dr Bill Nuttall is quoted in The Irish Times’ article on the resurgence of interest in nuclear power, in which the claim is made that only nuclear power can meet growing electricity demand and provide energy security, while reducing carbon emissions as a contribution to controlling global warming.
Judge Business School alumnus Min Liao (MBA 2005), Director General and Acting Head of The China Banking Regulatory Commission, talks to The Financial Times about how western governments must strengthen their oversight of financial markets and improve cross-border regulatory co-operation if they are to avoid future global financial crises.
The Times of India ‘Bridging the gap’ May 2008 Professor Jaideep Prabhu is interviewed about his research plans in his new role as Chair of the Jawaharlal Nehru Professorship of Indian Business and Enterprise at Judge Business School, which he assumes in September 2008. Professor Prabhu focuses in particular on his objective of bringing industry and academia closer together.
students win A.T. Kearney Global Prize’ 20 March 2008 The Financial reports on the Schools’ team of MBAs who won the prestigious A.T. Kearney Global Prize, an annual international business case competition. The winning Cambridge team of Janine George, Laura Murphy, Tim Ensor and Peter Chanco, who adopted the team name ‘Seriti’, an African term that implies quiet wisdom, community respect and influence, competed against the other finalist MBA team from Columbia Business School. The Cambridge team was noted for its innovative solutions to the case and its impressive team dynamic. Commenting on the winning presentation, Phil Dunne, Partner, A.T. Kearney and a judge on the panel said: “Winning the Global Prize requires talented individuals to come together as a cohesive team. It was evident from both the content of the materials and the way it was presented, that the students from Judge Business School had formed a really high-performing unit.”
traders to risks, riches’ 14 April 2008
themselves’ 6 March 2008
Bloomberg reports on Judge Business School’s Research Fellow, Dr John Coates’ two week study of 17 London City traders in how testosterone creates feelings of confidence and encourages risk-taking that can lead to profit, while another hormone, cortisol, prompts risk aversion when markets are volatile.
CNN.com reports on Judge Business School’s involvement in a new project titled 10,000 Women, which plans to give precisely that number of women in countries ranging from Afghanistan to Egypt and Kenya a business education, anything from a short-term programme lasting a few weeks to a full MBA.
The Daily Telegraph ‘New Kid on the block shows it means business’ 5 June 2008 Professor Arnoud De Meyer, Director, Judge Business School is interviewed on what has been achieved at Judge Business School since his arrival in 2005, and outlines the School’s future direction as it continues to build a worldwide reputation.
The Daily Telegraph ‘Romance and the MBA: Unexpected results on the course of true love’ 21 February 2008 An article about students who found their perfect partners on an MBA features Judge Business School MBA alumni Jen and Ryan Kedrowski, who became engaged on St Valentine’s Day 2006 and married a year and a week later.
The Wall Street Journal ‘It takes staying power and adaptability to succeed in China’s complex and segmented marketplace‘ 11 February 2008 Professor Peter Williamson talks to The Wall Street Journal about how to compete successfully in the Chinese market place and he draws upon the lessons learnt from not just serving the elite.
Cambridge Network ‘The Judge open for business - and a special offer for Cambridge Network members’ 4 February 2008 ‘Dr Larry Abeln talks to Cambridge Network about the opportunities that Executive Education can offer, and how getting an excellent business education from Cambridge University is now open to all.’
The Financial The Times of Times, India Business ‘Nehru Professorship‘ 7 January 2008 Education MBA The Times of India reports Recruitment on the launch of the Jawaharlal Nehru Supplement Professorship of Indian ‘Markets cloud outlooks for MBAs‘ 28 January 2008 ‘Professor Arnoud De Meyer talks to The FT about the effects of the stock exchange on MBA applications in developed markets.
BBC Radio 4 ‘World Tonight‘ 23 January 2008 Dr Chris Hope discusses the implications of the new EC carbon trading scheme announced earlier in the day, on BBC Radio 4’s ‘World Tonight’ programme.
Business and Enterprise, the professorship that has been established and assigned to Judge Business School. It has been set up with a fund of £3.2 million, contributed by India to honour Jawaharlal Nehru, India’s first Prime Minister and to celebrate the centenary of his arrival at Trinity College, Cambridge, where he studied for a degree in Natural Sciences.
The Times Career: ‘Hedge your bets with a masters in finance‘ 17 January 2008 Dr Chris Jones talks to The Times about hedge funds and the new Master of Finance degree at the School.
The Independent ‘Beyond the profit principle’ 17 April 2008 In an article discussing how an MBA can sharpen ones business acumen, MBA 2006 alumna Shelley Gregory-Jones talks about why she chose a career in the charity sector in order to make a genuine difference to people’s lives and how Judge Business School’s MBA taken her career to a new level.
The Financial Times ‘Challenging the myths of energy security‘ 11 January 2008 Dr Pierre Noël writes for The Financial Times on the myths surrounding energy security and the issues surrounding energy independence.
15
Focus | Entrepreneurship
Born or made? Dr Shailendra Vyakarnam, Director for the Centre for Entrepreneurial Learning (CfEL) at Judge Business School explores the concepts that underpin entrepreneurship.
16
Nature versus nurture – are
1. Raising self-awareness through
entrepreneurs born or are they
reflection in seeing diverse role models.
made? Can you tell us what you
Providing ‘how-to’ education for
think, and whether or not you
entrepreneurial processes, so that those
believe there is a little
who wish to enact their desire to be
entrepreneurship within us all,
entrepreneurs know what it will take.
waiting to be unlocked?
2. Opportunities for practice and
The nature/nurture question is one we
simulation. There is nothing quite as
will never be able to fully answer, until
powerful as learning by doing, as it
our friends in genetics and brain
brings together the knowledge and skills
research conduct a big study! Those
as well as building levels of self-
that have tried to answer this question
confidence, which in turn leads to the
How do you find Cambridge as a
have looked at data on immigrants,
intention to act, based on raised levels of
centre of entrepreneurial leaning?
siblings in family businesses and just
self belief.
Being in Cambridge is a real delight. The
formed opinions based on anecdotal
3. Personal circumstances are important
essence of taking business education
evidence and sometimes over
to electing for an entrepreneurial career
and ‘spreading the spirit of enterprise’
enthusiastic heroic models depicted in
– especially if this involves starting a
(the mission of the CfEL) to scientists,
the popular press.
company. Does the individual have the
engineers and technologists – across the
In reality, entrepreneurial behaviours
personal support and resources to take
University – has the combined effect of
and endeavours can be seen in so many
the step? Is there an identified
encouraging entrepreneurship among a
walks of life, from small self-employed
opportunity that triggers the desire to
wider community and taking their
enterprises through to novel solutions in
make something happen? Will they have
substantive knowledge out into society
larger organisations. The dictionary term
to leave a secure job or have they just
through sustainable businesses. This is
of ‘entrepreneurship’ defines a process,
been pushed?
done by combining teaching, networking
so I prefer to think about people having
4. Finally and importantly - what is the
and helping to make connections
an ‘entrepreneur’ inside and asking how,
risk appetite of the individual? Do they
between the managerial communities at
if at all, this spirit of enterprise can be
have a record of making impulsive
the business school and the scientific
unlocked. I believe this requires a
decisions? Is the perceived risk/reward
communities elsewhere within the
combination of four factors:
ratio balanced in favour of action?
University.
Much of this can be addressed
to account for personal values. People
Further information
through education and training,
who go into a research career in a
including mentoring and coaching
university as academics may be doing
alongside more traditional approaches
so because they want to pursue a
of class room teaching, simulations,
particular discipline. They may just not
business plan competitions and so forth.
be motivated to commercialisation or
Enterprise Tuesday
There is much evidence now that people
to learn the new skills and knowledge
www.cfel.jbs.cam.ac.uk/programmes/
who never considered themselves to be
required to start companies. There is a
enterprise/index.html
entrepreneurs have found themselves
change in self-identity from being a
Dr Shailendra Vyakamam’s blog
pursuing something they are passionate
researcher to becoming a business
www.shaivyakarnam.blogspot.com
about through creating new enterprises.
person. And a change in time
CfEL (Centre for Entrepreneurial Learning) www.cfel.jbs.cam.ac.uk
allocation from the pursuit of scientific Jonathan Guthrie recently wrote
inquiry to the ‘grunt and grind’ of
an article which appeared in The
starting and running a business. I think
Financial Times, entitled ‘Business
that for these more complicated
and boffins have a volatile
reasons – one finds that the twinning of
chemistry’. In it, he argues that
entrepreneurs and scientists is such a
“scientists and business people
powerful model. This is less to do with
are behaviourally distinct
chemistry and more to do with the
species”. With this in mind, do you
sheer complexity of motivations, skills
feel that there will always be
and intention and self-identity.
instances when the creator/ inventor of a product/service will
Is the notion that entrepreneurs
require an ‘entrepreneurial twin’
will pursue a project irrespective
to successfully launch the
of negative factors, a
product/service in the market?
dangerous/risk approach to
There is some truth to this. There is
business?
research evidence in psychology that
This is a really good question.
scientists are less inclined to socialise
Entrepreneurs need a level of self-belief
and network – both of which are
and determination, because they will
important traits and skills for
hear the word ‘no’ or ‘it can’t be done’
entrepreneurship. It is quite contentious
or ‘so and so is already doing that’
but the work from researchers in autism
from so many sources. But – they do
suggest that being mildly on the
need to be balanced and make
spectrum for autism (or Asperger’s
calculated decisions on the reality of
syndrome) is a key strength for scientific
their venture. Perhaps the fact that only
research as it leads to a highly focused
one out of about every ten makes it big
approach. Therefore, the opposite may
for investors is some indication that
also be true that those who are
entrepreneurial optimism can over-ride
entrepreneurially minded to pursue
market realities far too often! But –
opportunity and are able to scatter their
without such optimism or ability to
resources and network are going to be
cope with perceived risk we would not
‘chemically’ different. But I think this is all
have so many innovations from which
too simple an explanation! We also need
we all benefit.
17
Alumni
Grand Reunion Weekend
Celebrating the 20th year of Judge Business School and 800 years of the University of Cambridge
18-21 June 2009 Judge Business School and various city locations plus Gala Dinner at Churchill College, Cambridge Further event details available online www.alumni.jbs.cam.ac.uk
MBA Careers MBA 2006 hit the job market with great success We are pleased to report a continued upward trend of the past 5 years, with 93% of responding students employed 3 months after graduation, in 18 countries, with an average salary of £55,000 or $105,000. This represents a pre- to post-
MBA salary increase of 68%, the highest for 3 years. Top employers were Barclays Retail, McKinsey, Accenture, Cisco Systems, BNP Paribas, and Chatham Financial. This snapshot shows that we continue our commitment to attracting the strongest possible candidates who go on to achieve great things careerwise. It also demonstrates the high regard in which recruiters hold Cambridge MBAs, with our list of corporate connections growing in size, variety and location. Data also shows that we remain a hot-spot for diversity, with 42% finding
New recruits to MBA Careers Philippa Coney joined Judge Business School Careers Team as Recruitment Co-ordinator in January 2008. She joins Cathy Butler, Susan Gatell, Margaret O’Neill and Ania Kowalska in the Careers Team. Holding a BSc (Hons) in Managerial and Administrative Studies and having a background in both IT and Biopharmaceutical recruitment, her previous roles have not only involved recruitment but also contracts and office
management, database project management and marketing operations. Philippa’s role in the Careers team is to research the job market and to work on business development projects in conjunction with other team members with the goal of bringing in a number of new recruitment opportunities for the MBA class and alumni. She also will be helping to maintain up-to-date recruiter contact
Summ ary da ta: MBA 2 006 93% em
post-MBA work outside the ployed UK, and 39% outside the after 3 month s top three sectors of consulting, finance and IT. averag e base We extend our thanks to -salary all those alumni who assist the Careers team and salary increa students in their post-MBA se career search, through attending events, providing chang ed job support and advice, and functio n as project sponsors. 14% of the class named chang ed ind alumni directly as being ustry s ector prime facilitators in their job search, and 14% of chang ed loc students achieved ation employment with project sponsors. found emplo Thanks for your yment throug continued support! h care er serv ices su pport
£55,0 00/$1 05,00 0 68%
65%
60%
44%
62%
data for the ongoing development of corporate careers relations and to continue to raise the profile of the MBA programme, the current students and alumni to the job market at large. Seeking new talent within your area or organisation? Please feel free to contact Philippa: p.coney@jbs.cam.ac.uk as: • Your first contact point to access the careers team’s knowledge of the Cambridge MBA class and alumni and headhunt the best fit candidates for your organisation and vacancies • To post jobs on our jobposting platform for alumni and current MBAs • To update the team on your organisation’s recruiter contacts and requirements.
We are delighted to announce that Sally Storr has recently joined Judge Business School as MBA Careers Adviser. Sally has relocated from Geneva, Switzerland where for the last seven years she has been working in human resources at The World Health Organization and The Global Fund to fight AIDS, Malaria and TB. Involved in recruitment and selection, Sally’s experience
provides her with a sound bank of information on how international organizations recruit, what sort of talents they are looking for and what makes a successful career profile. Prior to recruitment, Sally worked in adult education where she taught language to business classes. With a BSc in Psychology and a recently completed Masters in Counselling, Sally has significant experience in Career Counselling. Sally will be involved in providing information, advice and guidance to enable Cambridge MBA students to decide and achieve their career goals. In addition to being available for individual sessions, Sally will be holding a ‘careers clinic’ several times a week, when MBA students can drop-in.
19
Alumni | Building community and resources
Welcome to your new home! 20
www.alumni.jbs.cam.ac.uk is the online home of alumni relations for Judge Business School and offers members an abundance of business contacts and experience, a sound knowledge archive and a variety of valuable networking opportunities.
Judge Business School alumni community ranked 7th in the world for potential to network (Economist MBA global ranking 2007)
More than 3500 members in over 85 countries worldwide
With a host of new and upgraded resources further to the recent relaunch of the alumni portal – global events and reunion information, up to date class-lists with email facility, redesigned Personal Profile area as well as access to new lifelong learning resources and the online member directory – the alumni website brings together a wide variety of resources, benefits and services available to you as a valued member of Judge Business School’s Alumni Association.
Natalia Abrosimova, MPhil Management Studies 2000 Manager, Deloitte
21 “I joined JBS alumni network in 2001 and fondly recall browsing through the printed member directory to find lost classmates and potential network contacts. Hearing about alumni benefits such as the Business Source Alumni Edition database was generally through word of mouth and events were promoted locally. Since joining the Alumni Advisory Council in 2005, I have witnessed a steady change for the
Are you connected?
look alumni website and updating
better. We can now all enjoy the online
With login details for the previous alumni
details previously held. Thanks for your
alumni community website – increasingly
portal having now expired, all members
support!
becoming the one-stop shop for alumni
who have yet to do so, are encouraged
However, the work doesn’t end here!
events, classmate contacts, news and
to submit a short registration form
Dedicated class ambassadors are
resources – providing up-to-date
enabling their details to be entered onto
helping us reach out to reconnect with
information at the click of the mouse. I
their new Personal Profile. Navigate to
even more members. Data is being
particularly appreciate the handy links
www.alumni.jbs.cam.ac.uk to submit
constantly renewed, sought and
provided to life and community
your registration details.
cleaned through regular contributions
resources across the whole of the
from members and staff across the
University – reminding that our Business
heart of your dynamic alumni community
community. Check out your Class
School is indeed at the heart of
and we are pleased to say that with your
Ambassador online and watch out for
Cambridge! There’s a lot to discover,
assistance, the recent data campaign
further online developments to support
and I’d highly recommend that you start
has enabled the School to successfully
network connectivity in the coming
using the site to gain the most of what
reconnect with over 50% of the network,
months.
our alumni network offers.”
Accurate member data sits at the
processing membership for the new-
We are delighted to highlight some of the new and upgraded features of the community website. Further details are available by downloading the website handbook from www.alumni.jbs.cam.ac.uk – search ‘handbook’. Viewing a profile but can’t see an email address? This person is not yet
Personal Profile, to add a contact simply
In user-friendly tab format and easy to
registered. Are you in touch with this
tick the ‘Key Contact?’ checkbox within
maintain, the Personal Profile area gives
person? If so, why not direct them to the
an individual’s record.
members total control over what they
alumni website and encourage them to
would like to detail on their personal
register. Alternatively, forward contact
record and also share with the wider
details you may hold and we can contact
network. A much needed improvement in
the alumnus inviting them to reconnect
New Class Ambassador Scheme
making some data fields of the personal
with the Judge Business School alumni
Connectivity sits at the heart of Judge
profile mandatory in the member
community.
Business School’s Alumni Association and having identified that formalised
directory – preferred email and education
class links with the School benefit from
confident in obtaining at least minimum
New Your Classmates
contact details when searching online.
Replacing the former moderated classlist
deliberate link is one way to reconnect
Accessible via the top navigation bar
approach to keeping in touch, access
alumni across the world for the benefit of
when logged into the alumni website,
your classmates quickly through the
all. View online for your dedicated Class
accessing your Personal Profile has never
‘Your Classmates’ link. Click through to
Ambassador and reconnect with your
been easier.
individual profiles to view contact details
cohort today.
details – enables members to be
22
Classmates’ list. Managed through your
Upgraded Personal Profile
ongoing support, facilitating a clear and
or alternatively reconnect with your entire
Upgraded Member Directory
class through group email. With
Locate your contacts through name,
addresses are as up-to-date as possible,
New International Alumni Groups
career, location or a combination of all
a great way to keep in touch and remain
Meeting regularly for social or guest
three. Judge Business School’s Alumni
connected with minimal fuss.
speaker occasions, geographical groups
members assured that preferred email
Association member directory is
(chapters) form another important part of
constantly developing, renewing and
keeping your network alive. Register
updating itself through regular
your membership online. Watch out for further online developments to support
contributions from graduates across the world and exceeds 3,500 members worldwide. For quick reference and where
Did you know There are currently 39 alumni registered as living in Australia
International Alumni Groups connectivity in the coming months.
where your contact works is a prominent
New Special Interest Groups
top level detail, with further information
Special Interest groups (SIGs) are the
where available, detailed within the
perfect vehicle for bringing together
available, the name of the organisation
alumni with common interests, providing
person’s individual record. Further top
a forum for regular debate and
individual - student, graduate, associate
New Key Contacts
or staff - as well as their Judge Business
Another way to keep those all important
friendship. Register your interest online.
School programme of study. All top level
contacts at your fingertips - select your
Watch out for further online
details can be used as quick search links.
Key Contacts when viewing profiles in
developments to support Special
the Member Directory or your ‘Your
Interest Group connectivity in the
level detail includes the status of the
networking as well as socialising and
coming months.
Did you know There are 249 members in the London-based Banking and Finance special interest group
New Alumni Communications
New Online Resources
View past and present editions of
Access the frequently updated list of
Network magazine online, as well as
useful networking-related websites
archived Connections and
encompassing personal and professional
EventConnections e-bulletins.
development. Also, continue to benefit
Complementing existing networking
from free of charge access to EBSCO’s
opportunities, members can also access
Business Source Alumni Edition, a leading
details for the official alumni Facebook
business periodical database that covers
and LinkedIn groups.
practitioner magazines through to academic journals on topics such as
New & Upgraded Events and Reunions Members are warmly invited to a range of exclusive events designed and created for alumni by both the Alumni Relations Team and alumni themselves. Social evenings, networking occasions, guest speaker lectures and career development opportunities - there’s sure to be an event of interest. We’re also pleased to announce the new to the schedule ‘Judge Business School Alumni Grand Reunion Weekend’. To be held annually in June, we welcome graduates and their families from all
New & Upgraded News
School news, view alumni profiles or
Upgraded Online Careers Resources
download the latest Network magazine.
All alumni of Cambridge University have
Recently promoted, received academic
access to the extensive range of careers
honours, published a research paper or
resources offered by the Cambridge
tied the knot? Submit your own news via
University Careers Service. Much of their
the new online electronic form. Coming
practical advice is aimed at recent
soon: a dedicated classnews area -
graduates at the beginning of their
Created by your class ambassador and
careers, but their sector information and
posted online, login to view the latest
career planning resources are relevant to
news roundup related to your individual
anyone, particularly to those considering
class group.
a career shift. MBA graduate? You also
perfect place to catch-up on news from across your community. Share in recent
have access to a range of MBA-specific
Cambridge. A real highlight for 2009 –
sites for the latest job vacancies and
the University’s 800th and the Business
guidance resources via
School’s 20th year – reconnect with your
planning and make sure to save the date today! Access full information about the new reunion schedule and other occasions included in your burgeoning global events programme, online.
accounting and international business.
The Alumni Community Website is the
Business School programmes back to
Class Ambassador to kick start your
management, economics, finance,
www.alumni.jbs.cam.ac.uk
Did you know We welcome over 400 students to the alumni community each year
New Alumni Benefits Access full details of a wide variety of University-generated benefits. University discount offers, credit card, travel programme, library access plus lots more!
23
Interview | Energy
The Energy Agenda
24
With energy at the top of business, environmental and economic agendas, Network talks to Nick Butler, Director, Cambridge Centre for Energy Studies (CCES) at Judge Business School.
The Cambridge Centre for Energy
Can you tell us why the University of
Studies (CCES) coordinates the new
Cambridge need a research centre
multidisciplinary research programme at
of this kind?
the University of Cambridge, to address
The issue of energy security covers a
key issues in international energy policy
number of major unresolved challenges.
and energy security. It examines some of
Are supplies sufficient to meet the needs of
the key issues affecting energy security
a growing global population? Are people
worldwide including; Russia’s growing
investing in their development? And, most
role in the world energy market, the
important of all, can we find a way of
impact of climate change on the
producing and consuming energy which
economy and options for carbon
doesn’t cause environmental damage.
emissions management, energy in the
There is a great deal of excellent scientific
built environment and assessment of the
and economic work in Cambridge which is
market potential for alternative energy
relevant to those issues, but until now we
technologies. CCES’s work is funded
haven’t found a way of influencing policy.
and supported by external partners and
That is what I hope to do.
aims to promote knowledge transfer between academia and policy. Prior to joining the School, Nick Butler
Russia is now playing a significant role in the world energy market. Can
was Group Vice President for Policy and
you tell us the impact this is having
Strategy Development at BP (2002-
on the energy market globally?
2006). He is Chairman of the Centre for
Russia holds huge resources of oil and gas
European Reform, and a member of the
and given the multiple problems in the
International Advisory Board, Yale, and
Middle East the development of those
the Executive Committee of the Centre
resources is crucial if supply is going to
for China in the World Economy, at
meet growing demand. But Russia isn’t a
Tsinghua University in Beijing. He is also
straightforward place. Most of the
a member of the Faculty of the World
resources are under state control and the
Economic Forum.
pace of investment is constrained. Also Russia’s resources base gives it power over its neighbours who depend on Russian supplies. To date Russia has always supplied the market but its strength makes people nervous and adds to the sense of insecurity in the energy market.
Are you working on anything at the
You have also talked in the press
Further information
moment that considers the market
about needing an International
Nick Butler profile –
potential for alternative
Carbon Fund. Would this draw
www.jbs.cam.ac.uk/research/
technologies in energy?
upon the ‘carbon tax’ policy that
associates/butlern.html
Yes, we are very interested in doing
Dr Chris Hope has previously
something on the potential for different
spoken of and recommended?
Alumni events schedule –
renewable and alternative fuels to meet
Yes, a carbon tax and comparable
www.alumni.jbs.cam.ac.uk
the commitments made in Europe and
mechanisms which puts a price on
elsewhere to reduce emissions by 20%
carbon would be of enormous benefit in
Virgin Earth Challenge –
or more by 2020.
encouraging people to reduce the
www.virginearth.com
carbon they produce and to develop You have recently written for the
new forms of energy. That is one part of
Financial Times, where you
the solution.
commented “climate change is the real energy security challenge”. In
Where do you see the majority of
a time when you believe that
energy supplies in the long term
global warming is slipping from the
future coming from and do you
top of the political agenda – what
envisage nuclear energy playing a
mechanisms would you put in
bigger role in the future?
place to give this more
All the forecasts suggest that for the
prominence in the global and UK
foreseeable future the majority of energy
political arena?
supplies will come from fossil fuels (oil,
I think we have to demonstrate that there
natural gas and coal). I think nuclear
are actual, practical steps which can be
does have a part to play in the UK and
taken towards a solution. Otherwise
elsewhere. So do many forms of energy
people think the issue is too large and
including solar and wind.
Energy events Recent energy-related events have included the Cambridge University Energy Network conference ‘Clean Coal Technologies – towards a low carbon economy’ and Alumni Prominent Speaker, Professor Sir David King who addressed ‘The Hot Topic - How to Tackle Global Warming and Still Keep the Lights on’.
too remote. There are of course many practical green solutions households can
Are you able to tell us about any
adopt, although without higher visibility
other projects you are working on
and political support global warming and
at the moment?
energy issue will continue to slip from the
We are working on the role of state
top of the agenda.
companies in the world energy market, where we are looking at the ways in
Forthcoming events include:
22-24 September 2008 – Cambridgeclimate.com – Entrepreneurship for a Zero Carbon Society
which energy could be better used in buildings and the security issues associated with supply systems in Europe. In addition I am delighted to say
27 September 2008 – Alumni Weekend: Dr Bill Nuttall ‘Prospects for Nuclear Power in the European Union’
that we have been asked to work on the judging process for the Virgin Earth Challenge. We will be making a more detailed announcement on that in the next few weeks and we hope to involve lots of people from the School in that process.
Date TBC 2009 – Alumni Guest Speaker: Dr Chris Anastasi, British Energy, Senior Environmental Adviser
25
Student news For further news across Judge Business School and the alumni community log onto www.alumni.jbs.cam.ac.uk
Best PhD Paper
Judge MBAs reign supreme as they bring home the AT Kearney Global Prize
Brian Harney, PhD
incredibly hard with the full
case based on a real A.T.
Candidate at the School was
support of the School to
Kearney client engagement.
awarded ‘Best PhD Paper’
make this victory a reality.
The MBAs are given the
at Judge Business School’s
The School is extremely
opportunity to interact with
Doctoral Conference which
proud of the whole team for
A.T. Kearney consultants,
took place in December
their extraordinary effort –
who act as the client in
2007, for his paper entitled
no mean feat whilst
simulations, providing
‘HRM and Business
studying for their MBA.
feedback on the team’s
Every autumn A.T.
efforts, and sharing with
Performance Research: Moving beyond big science.’ 26
Organised by Judge
Kearney select first-class
them insights on the
MBA students from
consulting process.
Business School’s Doctoral
prestigious business
Programme and
Judge Business School has
schools across the world to
African term that implies
Community-of-Research-
won the AT Kearney Global
take part in their Global
quiet wisdom, community respect and influence.
champion! The School’s team of four
Exchange (CORE), the aim
Prize Final against Columbia
MBAs: Janine George, Tim
Prize case competition. The
of this conference series is to
Business School, making
Ensor, Peter Chanco and
MBAs form management
showcase the research of
the School the official world
Laura Murphy worked
consulting teams tackling a
The team name Seriti, an
the school’s doctoral students. The conferences, which are held twice a year,
Marriage on the MBA
act as a meeting point for students and faculty working
Current MBA, Olga Babinka
there to help her celebrate
in diverse areas using
married Neil Butler on
and make it a memorable
different research methods.
8 December 2007. The
occasion. Congratulations
They provide an opportunity
romantic ceremony took
to Olga and Neil on their
for students to get
place in Cambridge. With
special day!
acquainted with each other’s
many of Olga’s fellow MBAs
work. Each conference is intended to be academically useful as well as providing a
Prizes Awarded to MBE Students
secure environment to assist PhD students with
Adnan Iqbal, MBE 2007,
students claimed 4 out of
development of their
updates the community on
research, writing their
recent MPhil Bioscience
dissertations and preparation for presentations at professional conferences.
mentioned that it was the
needs in the areas of stem
the 11 prizes presented by
interdisciplinary nature of
cells, varicose veins,
the Cambridge University
the MBE student teams that
tuberculosis diagnostics,
Enterprise success:
Entrepreneurs (CUE) at the
added to the strength of
and feminine medical
“Current MBE (Master of
recent £1K Challenge
their entries. The winning
devices.”
Bioscience Enterprise)
awards ceremony. Judges
ideas addressed unmet
Success at European Ashridge MBA Essay Awards
Oxbridge Challenge
Secretariat, said of the
Annual Colloquium in
The Oxbridge MBA
School Club (CBSC)
award: “I’m delighted my
Barcelona, Spain, on 20
Challenge, hosted by the
President commented:
paper has been recognised
September 2007.
MBA class on Saturday
“ … everyone, including
and hope that it will help
This prestigious award is
24 May, was a huge
Oxford, had an amazing
stimulate further
presented by Ashridge
success. With a close call:
time. Our collaborative spirit
consideration of the
Business School annually, in
Oxford 8 – 7 Cambridge (15
was evident throughout the
changing role of business in
association with the
sports played), Cambridge
day; we all made it a huge
society from all sides. I’m
European Academy of
almost brought back the
success. I, personally, was
In the autumn of last year
convinced that the private
Business in Society (EABIS),
trophy. Janine George,
proud to be a part of our
Hyun-Seung Anna Kim,
sector and the social sector
and is supported by
Cambridge Business
Cambridge MBA family.”
MBA 2006 was awarded
will become more and more
Microsoft. The competition
the 2007 European
interactive with various
invites MBA students from
Ashridge European MBA
initiatives such as social
European business schools
Essay Award, for her essay
enterprises, corporate
and EABIS’ global network
‘Corporate social
social responsibility and
to submit innovative essays
responsibility: a marketing
socially responsible
around a contemporary
gimmick, an enemy of a free
investment, and that this
business issue. The theme
society or the business of
interaction has the potential
for this year’s contestants
business?’ The essay
to achieve social goals in
was ‘The Responsibilities of
examines two emerging
more effective ways.”
Business in a Knowledge
trends – the integration of
The runner-up prize was
Economy’.
corporate social
also won by an MBA
responsibility (CSR) into the
alumnus from the School.
competition is to raise
core business of an
Hitomi Imai, MBA 2006 was
awareness and debate
organisation and socially
selected for essay, ‘The role
about the relevance and role
responsible investment
of public policy in promoting
of business in society in a
(SRI). It was selected by a
CSR’, which suggests
way that is accessible to a
distinguished judging panel
policymakers and
wide audience, including
for its originality, relevant
government should take a
business leaders and public
insights and depth of
more active role in
policy-makers, and to
analysis.
promoting CSR.
encourage the integration of
Hyun-Seung Anna Kim,
Both Hyun-Seung Anna
The aim of the
corporate responsibility into
who joined the School from
Kim and Hitomi Imai were
the heart of mainstream
the not-for-profit sector,
presented with their prizes
business education and
and who post-MBA has
at the Gala Dinner at the
practice.
started an internship at the
European Academy of
Oxfam International
Business in Society Sixth
27
Network roundup Connecting alumni around the world
Entrepreneurship in Action
MBA 1995 Reunion MBA 1995 celebrated their 10 year reunion in Cambridge in September. We were delighted to welcome Sandra Arango, Rajpreet Bhullar, Tom Brown, Glenn Chen, Pathman Gangesar, Hanadi Jabado, Joanne Lai, Manjula Mathews, Amy Pfleuger, Prakash Schaffter
and Nadine Surur, plus several members of their families; back to Cambridge for the weekend. This family friendly weekend included a tour of the Business School, a few nostalgic drinks in the Anchor, plus a reunion dinner held at Sidney Sussex College.
Anniversary Celebrations
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On November 23 2007 Claudio Marinelli (MBA 2004) took a group of entrepreneurs, academics, venture capitalists and other practitioners from Cambridge, several of whom were sourced form the alumni network; to Milan for a one day workshop aimed at teaching the basics of high-tech entrepreneurship. The workshop, titled ‘From Theory to Application: how to turn ideas, science and technology in products and services that change the way we live’, was organised by Claudio with the help of Dr Shai Vyakarnam, Director CfEL, Judge
Business School, Judge Business School’s Alumni Office and in collaboration with journalists from the prestigious Italian financial newspaper Sole 24 Ore. Scientists, aspiring entrepreneurs, tech transfer officers and incubator managers gathered in the snazzy conference room of the Italian newspaper’s headquarter (designed by architect Renzo Piano) for a day of full immersion in the nuts and bolts of entrepreneurship. A number of Italian speaking Judge MBA alumni, including Lucio Cicolecchia (MBA 2001), Georg Buchner (MBA 2003), Andrea
Dalmaso (MBA 2005), Jose Vega (MBA 2000), Emiliano Ingrassia (MBA 2004) and Patricio Cavassa (MBA 2004), kindly offered their precious help as facilitators for the afternoon sessions of the workshop. Despite the copious amounts of good food and wine that filled the evening before the workshop, the team delivered the goods on the field and successfully accomplished their teaching mission. Organisers, speakers and facilitators hope to repeat the event soon, in Italy or elsewhere in Europe.
Hong Kong Drinks Reception Professor Arnoud De Meyer and Dame Sandra Dawson visited Hong Kong in November and took the opportunity to meet with over 20 alumni living and working in the region. An informal cocktail
reception was held on 8 November in Tiffany’s New York Bar at the Intercontinental Grand Stanford providing members of the network with an opportunity to hear about recent School activity,
Alumni, current students and guests were invited to the 5th anniversary drinks reception for the MPhil Technology Policy programme at the House of Lords in London on 26 September 2007. Over 15 members of the alumni
network were able to join the celebrations which served to showcase the development of the programme over the previous five years as well as welcoming the incoming cohort who had just recently started their programme.
Festive Networking with Wharton December: Sir Paul Judge kindly opened his home for a new to the calendar networking event in collaboration with Wharton Business School. Alumni were invited to Sir Paul’s spectacular Panoramic
apartment for festive drinks and networking. A fabulous opportunity for both Wharton and Judge Business School alumni to network in style, the event was hugely popular with over 100 alumni welcomed.
Alumni Prominent Speaker Events the latest alumni news as well as catch up with fellow Judge Business School alumni living in Hong Kong. We look forward to visiting Hong Kong in 2009.
2008 has seen the successful launch of the Alumni Prominent Speaker series and we have so far welcomed Lord Leon Brittan and Professor Sir David King to the schedule. Both events were sell-out, with alumni
welcomed to the Oxford and Cambridge Club, Pall Mall, London for pre-presentation drinks and networking. Make sure to note future dates as featured on the alumni website events page.
MBA 2004 Reunion
Members of MBA 2004 met in Edinburgh last September for their annual reunion. Class members who attended included Manu Legein, Byron Wilson, Stacey Liu, Stephanie Snyder, Gabriel Flores, Emiliano Ingrassia, Adrian
and Angela Ogier, Stefano Martinotti his wife and their new baby. We had some fantastic plush dinners and spent the days sight-seeing in beautiful Edinburgh. Many thanks to Angela for organizing a splendid weekend event!
Alumni event in Shanghai Professor Arnoud De Meyer, Director, Judge Business School recently met alumni in Shanghai at an event hosted by the Oxford and Cambridge Society Shanghai. Alumni from across the network met for a BBQ and drinks reception on Saturday 31 May at Sugar
Club, Xin Tiandi, with the opportunity to hear about the latest happenings from the Judge Business School community. A great time was had by all! Thanks to Caroline Rowe, President, Cambridge & Oxford Society Shanghai for helping with this event.
Alumni Breakfast in San Diego Arthur Meadows, MBA 2000 reports on the recent breakfast stateside “Sandra Dawson was briefly visiting San Diego on business at the end of May. The benefits of our newlyimproved alumni database were pressed into good use, as Rachael Barker, our Alumni Relations Manager, quickly contacted alumni stretching from northern Los Angeles to the Mexican border, as Sandra’s final schedule became apparent. The Grand Del Mar is glorious luxury resort spa and golf complex tucked away in the hills behind Del Mar about 20 miles north of San Diego. A bright and early breakfast was in order to fit in Sandra’s hectic schedule. In attendance were Ferey Faridian, MBA 1994 and his wife Jackie (from Santa Monica area of Los Angeles, about 90 minutes away – double credits as they must have had a very early start in order to attend) and Harjit Kullar, MBA 2001 with his wife Harimandir and their
daughter, Sarabjt. (Credit to Sarabjt for being so wellbehaved what must have appeared to be insufferably boring adult conversation!). I was in the final week as a San Diego resident before relocating to London. Initial introductions immediately revealed common interests: Jackie was at Imperial College Hospital whilst Sandra was at the Tanaka School at Imperial College. Harjit working for Invitrogen, a life science company in Carlsbad, discussed shared medical, pharmaceutical and biotechnology interests. Fortunately, Arthur and Ferey chatted about venture and early stage companies on either side of the Atlantic. It was excellent having Ferey’s experiences as being a member of the programme when it was still two years in length. It demonstrated that the early ethos of community and quality are still very much apparent. Sandra shared some of her obvious delight and pride at the continued
success of the School: how elevation up the ranking tables had lead to an increasing number of high caliber applicants, how the MBA intake had grown in class size, without compromising the overall quality and collaborative nature of the programme. News of the ongoing building work at JBS astonished Ferey – very different from his recollections of the ‘pioneering’ days. Breakfast was delicious – never before had I had crabmeat, avocado and Tabasco sauce for breakfast – only available in the most sophisticated and forward thinking Southern California hotels, I can assure you! A quick photo ensued before breakfast broke up too quickly, as Sandra was called away by the arrival of further appointment. Best wishes and promises of mutual introductions flowed. Ferey, Jackie and I remained chatting for at least another hour, such was the bonhomie.”
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Forthcoming events University of Cambridge Alumni Weekend 26-28 September 2008 Cambridge, UK
Other events
Join alumni from across the University for a weekend of nostalgia and knowledge update. The Judge Business School schedule includes lectures, a tour of the School and a Dinner Lecture at Gonville and Caius. All details available online.
Cambridgeclimate.com – Entrepreneurship for a Zero Carbon Society Monday 22 – Wednesday 24 September 2008, Cambridge, UK
www.alumni.jbs.cam.ac.uk Alumni Weekend: Welcome to the Network drinks reception, Judge Business School Friday 26 September 2008 Alumni Weekend: Dr Bill Nuttall ‘Prospects for Nuclear Power in the European Union’ Saturday 27 September 2008
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Alumni Weekend: Alumni Dinner Lecture – Rod Schwartz presents ‘Social Business: Fad or Trend?’, Gonville and Caius College Saturday 27 September 2008 Alumni Weekend: Tour of Judge Business School Sunday 28 September 2008
The 2009 Events Calendar will be available in Michaelmas term and will detail all forthcoming events for 2009.
London Socials Launch at ‘The Butcher’s Hook and Cleaver’, West Smithfield Thursday 18 September 2008, London, UK
Guest Event: Swiss Association of MBAs – The Future of Business – Joint Alumni Conference Friday 26 September 2008, Zurich, Switzerland Banking & Finance Pub Night at ‘the Old Bank of England’, Fleet Street Thursday 9 October 2008, London, UK London Socials – Pub Night at ‘The Bishops Finger’, West Smithfield Thursday 16 October 2008, London, UK London Socials – Thanksgiving Day evening Thursday 20 November 2008, London, UK Banking & Finance Annual Dinner, Oxford and Cambridge Club, London Monday 1 December 2008, London, UK Alumni Prominent Speaker Series – Jon Moulton, Alchemy Thursday 2 December, London, UK Alumni Association AGM Monday 8 December, London, UK London Socials – Festive Networking with Wharton, hosted by Sir Paul Judge Tuesday 9 December, London, UK
Connecting Alumni Across the World • Online member directory • Forthcoming global events • Latest school and alumni news • Careers resources • Networking opportunities
Visit www.alumni.jbs.cam.ac.uk or call +44 (0)1223 764219 Networking Lifelong Learning Careers Contact the Alumni Team to request your login details or a password reminder – alumni@jbs.cam.ac.uk
Network Socialise Reconnect
the London Social Series is back! 2008 18 September 16 October 20 November 9 December* *2nd Tuesday of December
2009 15 January 19 February 19 March 16 April 21 May 18 June 16 July 20 August 17 September 15 October 19 November 17 December
‘Thirsty Thursdays’ – every third Thursday of each month starting September 2008 from 7.00pm Further event details available online: www.alumni.jbs.cam.ac.uk and as featured in the monthly Connections e-bulletin
Classnotes Recent promotion? New arrival? On the move? We are delighted to receive news from across Judge Business School’s global community. Email alumni@jbs.cam.ac.uk to share your classnotes in the next edition. MBA Neeraj Agarwal (MBA 2005) Neeraj and his family is featured as a case study on the Scottish Government’s immigration website – www.scotlandistheplace. com/stitp/1884.1701.1701. html
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Benoit Allehaut (MBA 2000) After 3 years in GE's wind power division followed by a position at GE Energy Financial Services working on tax equity and VC capital investments in renewable energy projects, Benoit recently joined a San Francisco area solar company – Optisolar. He is now working on utility scale solar projects in Europe which involves a lot of time travelling. Benoit is also part of the Judge Business School Virgin Earth Challenge Review Team which will screen business plans aiming for the $25 million prize Virgin is offering for breakthrough technologies capable of reducing greenhouse gas emissions.
Jan Benes (MBA 2004) recently took up a new position with Philips as European Product Marketing Manager. Having entered the MBA programme with an engineering/technology background Jan has successfully undertaken a range of marketing consultancy assignments culminating in his move to Holland to work with Philips. Rajat Bhatnagar (MBA 1997) recently joined Alsbridge in London as Senior Consultant. “I look forward to catching up with those of you in London – my contacts are online.” Christian Bunke (MBA 2000) “All is well here in Cambridge where the Bunke’s B&B is still going strong. We have had visits from Jochem, Fernando, Benoit and many others stay. At the time of writing, Benoit is in town to take part in the decision panel for the Virgin Earth Challenge and tomorrow, Fernando arrives so there will be some beers! Kath and I became the proud god parents to Justin and Diana’s son, Ralph, at the end of 2006 and it was a very impressive christening at King’s Chapel. Remember to let us know when any of you are in the Cambridge/London region.”
Carrol Crowe (MBA 2000) “(March) I am just in my first month of a new post as Director of Health Advisory Services for PWC in Melbourne…I have a number of trips coming up across Asia Pacific so I am hoping to catch up with some familiar faces and of course as always open house and it would be great to see any visitors heading in this direction. Best wishes to all.” Xabier Echevarria (MBA 2000) Xabier had a son called William Richard Inigo Echevarria on the 16th January. Still working at Barclays Capital, living in South Kensington with Jessica.
Sarah Jeffcote (MBA 2003) has moved from One Planet Products and is now working for the UK Green Buildings Council in London.
Mika Kaneyuki (MBA 2000) “I hope that all of you are doing well. There have been recent changes in my career. Having worked at the Bank of TokyoMitsubishi UFJ for four years, I have now taken up a new challenge in HR. As of December 2007 I have been working as a Manager at the Kienbaum Executive Consultants GmbH. Kienbaum Group is the most-traditional HR consulting firm in Germany and belong to the largest ones in Europe. I live and work in Duesseldorf and still commute between there and Luxembourg where Thomas works and lives on a weekend. As my new assignment requires frequent travel – mostly through Europe – I do hope that I will see some of you in various European cities this year! I also hope to go to Tokyo, Shanghai and Singapore so will try to contact those who live or happen to be there at the time.”
has turned 7 on February 26 (she was born in Cambridge during our year there). Our younger daughter Sophia will turn 3 this summer. Do get in touch online!” Kenta Kata (MBA 2000) and his family continues to enjoy living in Paris with Kenta continuing to work with BCG working mainly on global business development and partnership strategies with the TMT industry.
Karim Karmali (MBA 2000) “After completing the MBA program, this is our seventh year in Seattle. I am still involved with our family business and we are expanding in the QSR industry. Our daughter Raia
Reconnect with your class... Coming soon online – a new web-section where class ambassadors
Jitender Makkar (MBA 1998) Global Sales and Account Manager, Amadeus, is delighted to say he is the proud father of a baby boy called Rajat, born July 2007. Congratulations! Hendrick McDermott (MBA 2004) Congratulations to Hendrick and his bride Kristina Uffe who married in Toronto on 28 December 2007. Around 12 MBAs made the trip to help celebrate their special day.
Arthur Meadows (MBA 2000) “Change is the theme for 2008. Ailish and I welcomed Caitlin Ann into the world on Friday 18th April at 10.21am weighing in at 6lb 4oz and early June also saw us move back to the UK from San Diego; although not before taking part in an alumni breakfast meeting with Professor Sandra Dawson and two other alums! – Ferey Faridian (MBA 1994) and Harjit Kullar (MBA 2001).” See page 29 for an overview of this recent event.
Philip Smart (MBA 2004) Phillip Smart and his partner Hannah Jarman were delighted by the arrival of their baby boy Samuel Louis on 27 September 2007 at 4.10pm, weighing in at 8lb 5oz, born at the Rosie Maternity Hospital, Cambridge. Sam Smart was born after a relatively swift (5 hour!) labour and Mother and child were both back home after an overnight stay in hospital.
Michael Sprong (MBA 2006) “Sebastian was born on November 18 and has been growing very rapidly over the last couple of months.” Congratulations to you and your family Michael! Simon Tindall (MBA 2003) Congratulations to Simon on the recent arrival of his daughter Orla Victoria Tindall. Already Sam is developing an international lifestyle and made an appearance as a guest at the wedding of Hendrik McDernott and Kristina Uffe in Toronto, Canada on 28 December 2007. Stephanie Snyder (MBA 2004) At the end of last year we were delighted to hear Stephanie moved from her role as Campus Marketing Manager, UBS to a new marketing role as Associate Director for UBS’ Global Offshore team. Congratulations Stephanie!
Jose Vega (MBA 2000) “First things first; we added Valentina to our family on Oct 8 2007. Josefina is enjoying having a sister and Mage is especially busy during. We baptised the little one last February in Uruguay. Last November, Mage graduated as an English solicitor at Bristol Cathedral. She will become a fully qualified solicitor later this year after doing her final ‘seat’ at the law firm. Because of her maternity leave and the fact that I quit my job, we managed to spend a fairly long two month Christmas break in Uruguay including a full
can publish and share class news – www.alumni.jbs.cam.ac.uk
month in Punta del Este. Really unforgettable! I even managed to cross the River Plate and visit Rafa Gowland in Buenos Aires. I left my job in December after 6 years and started a new one at First Title Insurance on 3 March – I’m still working in the insurance sector as a business developer now covering the London market on cross-border transactions and South Europe. I’m travelling frequently to London so hopefully I will be able to see some of you. That's all for now.” Vincent Mascia (MBA 2000) “Still living in Virginia and may be doing some consulting work for a healthcare company for a few months while waiting to hear about a one year fellowship as a healthcare advisor in Congress. Will know more fairly soon.”
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Classnotes
Francisco Perez Cutino (MBA 2007) successfully completed the London 10km this July. Paco finished a fantastic 14th in a time of 33:53. “I managed to get a good position at the start and despite setting off too fast, the wind and the rain I think I did a good race. I actually ran faster than I expected and even beat a few pros!” Congratulations Paco – roll on London 2012!
leisure, lifestyle and entertainment sectors. I spend most of my time working with our largest investment, PARC Management, an operator of regional theme parks. During December, Melinda and I took a short trip to Canada for some skiing (no snow in Florida) and spent a day visiting with Claire and Harry Lake. We had a great dinner and tour of Ottawa, and also compared MBA news.” Thomas Chong (MBA 2005) “Hello everyone, this is the first time I wrote to the alumni news and it is a great pleasure for me sharing with you the great news: my daughter Venice Chong was born in Hong Kong in June.
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Bob Yow (MBA 2000) “Melinda and I currently live in Ponte Vedra Beach, Florida with our two daughters Bella (born in Cambridge and 6yrs old) and Kati (4). The last few years have been spent in corporate real estate investing. However, I recently took a new position with a boutique investment firm and am primarily focused on mergers and acquisitions within the
MPhil Programmes Imran Ahman (MPhil Technology Policy) is based in London and is working at the Royal Bank of Scotland Group as an Emerging Markets Strategist. Ryan Bethencourt (MPhil Bioscience Enterprise 2002) Ryan has recently had confirmation that his chapter on ‘Market Based Business Development’ has been published in the book ‘Best Practises in Biotechnology Business Development’. The book is a follow on from the well known biotech author Yali Friedman, author of one of the seminal texts in the biotechnology business space. Jinliang Chen (MPhil Finance 2005) is currently working at BNP Parisbas, London as a Fixed Income Trader.
Ben De Beyer (MPhil Management Studies 1998) “Several of the 1998 class – Tim Wooge, Venia Zafolia, Thomas Colombo and I – gathered from all around the world in Berlin on 18 August 2007 to celebrate the marriage of Mathilde Richter. We had previously met in Rome in August 2006 where Mathilde told us her happy news. We all remain firm friends and when meeting each other, feel like we were sitting in the Eagle Pub just a week ago!” Victoria Kiyatkina (MPhil Management, 2006) Having worked previously at Ernst and Young, Victoria is currently working for Bombardier Capital Ltd in Corporate Strategy and Acquisitions in Canada. Having recently updated her details, Victoria was winner of the alumni prize draw drawn in June, in which she won a free of charge place on a Cambridge Executive Education two-day programme of her choice. Congratulations!
MST Programmes Kirsten Achtelstetter (MST 2006) is now working for Merrill Lynch as a Business Analyst. Phil Bagguley (MST 2004) is currently working at UBS as a High Yield Research Analyst. Vikram Banerjee (MST 2004) is a cricketer for Gloucestershire County Cricket Club. Wisden Cricket for 2008 includes the following "There is more to come from Banerjee, newly out of Cambridge University. He had a satisfying first full season with 26 victims for his attacking left-arm spin. If he can stay ahead of batsmen, who will be looking to find him out, he may develop into a top-class spinner." Mike Callow (MST 2002) has recently started a new job at Kennet Partners, a technology growth equity fund, as Associate.
It is a great excitement and challenge to my family with a new member. My work in Merrill Lynch started some time a year ago and I believe my work and family have moved to a new phase after graduation. If any of you come to Hong Kong, please do contact us and we can show you around.”
Looking for classmates or a key contact in a particular country? Search www.alumni.jbs.cam.ac.uk
Thomas Holroyd (MST 2006) is working for Pricewaterhouse Coopers as an accountant. Parin Mehta (MST 2000) is working as a Sales Planner for Google in London. Having recently updated his details, Parin was winner of the alumni prize draw in March, in which he won a free place on a Cambridge Executive Education two-day programme of his choice. Congratulations!
PhD Abdullah Al-Hinai (awarded March 2008) is now working at the Sultanate of Oman as Director General of Industry (Ministry of Commerce and Industry). Sadhvi Dar (awarded Sept 2006) is now a lecturer in CSR and Business Ethics at Queen Mary College, University of London. She has recently published a coedited book: Dar S and Cooke B, Eds. 2008. The New Development Management: Critiquing the Dual Modernization, Zed Books, London. Miklos Reiter (awarded Nov 2007) is working for APT, a financial software company. Syed Rizvi (awarded January 2008) As a former Pakistan Navy officer Syed has become the first sailor, either serving or retired, from his country to achieve a PhD from Judge Business School. As Captain Syed Moazzam Rizvi, he retired from Navy in 1998 and in November 2002 was selected onto the PhD programme at Judge Business School. Syed has
also helped the Liberal Democrats strengthen their grip in the Leicestershire town of Oadby and is the first Aisan councillor to have won a seat in Oadby Uplands. His research has explored the role of trust in ethnic business networks in Indian, Pakistani and Bangladeshi communities in Leicester. His research has been commended by the Leicestershire Chamber of Commerce. Bettina Wittneben (awarded July 2005) (Supervisors: Nelson Phillips and Kamal Munir). Her doctoral research has just been awarded the Emerald/EFMD Outstanding Doctoral Research Award. She is currently Assistant Professor at Erasmus University, Netherlands. Peter A. Xuereb (awarded January 2008) is now an EMEA Account Manager for SPATIAL GmbH in Germany. Yee Sook Yong (awarded May 2007) is working for DBS Bank Singapore.
Carsten Zimmermann (awarded Nov 2006) is currently working for CapGemini Consulting. Rick Colbourne (PhD candidate) has recently accepted the job of Executive Director, Learning Strategies Group at Simon Fraser University Business School, Canada.
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