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Best
BUSINESS
SCHOOL
USA in
2021
JULY
ISSUE- 04
Students at CSU College of Business routinely shine at regional and national level competitions that place real-world results with community impact at the heart of their scoring
Gateway to the American Dream 5 Reasons Why Studying Business in the USA Can Boost Your Career
Creating an Inclusive Environment for the Business Leaders of Tomorrow
EDITOR’S NOTE
hasing the merican usiness ream
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he United States of America, one of the world’s superpowers, is the country where businesses thrive and connect with each part of the American demographic. It is believed that the country dominates the terms of trade and business in most of the leading industries across the world. Technological advancements in the US have grown to incredible heights. The inclusion of businesses with such advancements has also enhanced modern trade needs. The business model and the freedom that the US gives to their businesses have also attracted tremendous opportunities for companies globally. These business opportunities have incepted the idea of ‘The American Business Dream’ in every aspiring businessman. One of the American Dream’s core aspects is to make millions and billions through business. Whereas it is also the freedom of conducting business and personal love towards one’s profession that has kept the American Dream alive for youngsters worldwide.
In the current changing scenario of the business world, chasing perfection and living the American dream is prioritized by professionals around the globe. Since America is believed to dictate the terms of business for the world, companies have realized the effectiveness of business schools in grooming the leaders to bring the necessary change in the code of conduct of commerce. This edition of The Knowledge Review magazine focuses on one such Business School specializing in grooming, training and developing influential business leaders. The Colorado State University College of Business is one of its kind business school that provides an inclusive environment for the business leaders of tomorrow. Find out how this prestigious business school is helping tomorrow’s leaders chase and live the ‘American Business Dream’. Let this edition—Best Business School in USA, 2021—be the guide for the unique features and facilities that the school is providing and how it is helping aspirants become prominent and effective business leaders of tomorrow.
The business paradigm is changing, and the driving factor for that change is compelling business leaders to bring in new trends and Have a thoughtful and happy read! T R enhance trade needs. Understanding, accepting, and adapting to the ever-changing business aspects have become necessary for many businesses worldwide. This has also led to the inception of many prestigious business schools across the country. Professionals chasing the American Business Dream have recognized the need to learn the modern code of business conduct.
AshleshK Ashlesh Khadse ashlesh.khadse@insightssuccess.com
Colorado State University College of Business is recognized as Best
BUSINESS
USA in
SCHOOL
2021
by The Knowledge Review for providing the business leaders of tomorrow an inclusive environment to enhance and dictate the terms of trade for the future
Sumita Sarkar Editor-in-Chief
C O N T E N T
20 Article ateway to the merican ream 5 Reasons Why Studying Business in the USA Can Boost Your Career
08 Creating an Inclusive Environment for the Business Leaders of Tomorrow
July, 2021
Editor-in-Chief Sumita Sarkar Senior Editor Anish Miller Managing Editor Ashlesh Khadse Contributing Writers Rahul, Vrushal
Visualiser David King Art & Design Head Rahul Shinde Co-designer Paul Belin
Business Development Manager Phill Miller Marketing Manager Mary D'souza Business Development Executive Amy Wilson Technical Head Jacob Smile Assistant Technical Head Prachi Mokashi Technical Consultants Amar, David, Robert Digital Marketing Manager
Alina Sege
Digital Marketing Manager
Amol Wadekar
SME-SMO Executives
Atul, Gemson
Research Analyst Eric Smith Circulation Manager Tanaji Fartade
Best
BUSINESS
USA in
SCHOOL
2021
C o v e r S t o r y
Creating an Inclusive Environment for the Business Leaders of Tomorrow
The CSU College of Business is proud to develop partnerships and engage with alumni as well as organizations in local and national communities
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reparing tomorrow's business leaders to perform is no easy business. Enabling students with the right business acumen, skills, competencies and values is a feat that very few institutes ever manage to accomplish. But being able to produce professionals with the aforementioned qualities year after year, for more than half a century is truly a credit to any institution. A Fort Collins-based institute has achieved all that and more, setting a standard of higher business education for the world to follow. Welcome to the Colorado State University College of Business. Colorado State University (CSU) College of Business has been educating business professionals since 1966. Inspired by its landgrant mission to expand access to high-quality education to all populations, as well as the rigorous scholarship of a Research I institution, the college has continually innovated to impart indemand skills with the rigor of research-based insights to the next generation of business leaders. "The college has been a leader in distance and online education for nearly 50 years, remaining at the forefront of technological advances that provide remote learners with immersive experiences," said the Dean of the CSU College of Business, Beth Walker. The college's undergraduate programs offer ten concentrations across five departments – accounting, computer information systems, finance and real estate,
management, and marketing – as well as specialized certificates that support a wide range of interests from entrepreneurship and careers in the music business to marketing data analytics. The college’s seven Master’s programs include its award-winning Impact MBA, which educates leaders to connect purpose and profit, and its flagship Online MBA, recognized by QS Quacquarelli Symonds as among the top 25 worldwide and top 10 in the United States. College of Business Online MBA students can select from a variety of options suited to their learning style and lifestyle, whether it's watching livestreamed lectures and recorded content, or engaging in real-time with their contemporaries on campus or participating via the Mosaic experience which blends several technologies to enable remote learners across the globe to interact with those in the classroom in real-time. Beyond traditional undergraduate and graduate degrees, CSU's College of Business provides a suite of lifelong learning opportunities to support professionals throughout their careers. From credit and noncredit graduate certificates to executive education courses and corporate training, the college aims to meet the needs of learners as they grow beyond their core degrees. Mission and Vision CSU's College of Business believes that business can be a driving force
for positive change, and organizations play a key role in addressing the world's most pressing social, environmental and economic challenges. The institute's mission is to transform lives through business education and its vision centers on providing access to an exceptional business education, excellence in the pursuit of research, and impact to use the power of business to make the world a better place. For the CSU College of Business, expanding access to a high-quality education remains central to its roots as a land-grant institution, and the college is always innovating to put degrees within reach of more students each year. At times, the college has pioneered innovative technology to bridge geographic barriers. For instance, it created Mosaic - an immersive technology experience that enables students worldwide to participate in real-time with their peers in the classroom. The college also has key partnerships with community colleges, generous scholarship programs and outreach to connect with students who traditionally face difficulties accessing accredited bachelors or graduate business degree. Core Values The college's values build on Colorado State University's principles of community (inclusion, integrity, respect, service and social justice) and are furthered with a specific focus on ethics within the college. Through partnerships with the Daniels Ethics Fund Initiative, key ethical principles such as accountability, transparency and fairness are woven into undergraduate and graduate courses. This focus on ethical fundamentals prepares its students to be tomorrow's principled leaders, adept at making complex decisions with results driven by the triple bottom line of people, planet and profit. A World-Class Education The CSU College of Business is among only five per-cent of all business schools worldwide that achieve AACSB accreditation. The accreditation is
The college has been a leader in distance and online education for nearly 50 years, remaining at the forefront of technological advances that provide remote learners with immersive experiences
conferred to business institutions with a rigorous, challenging curriculum and a high standard of faculty research and teaching. Faculty with a dual focus on student success and research excellence teach many of the college's courses. The students learn directly from leading minds on topics including data privacy, accounting's impact on public policy, the physiological impacts of workplace conditions and sustainability and the triple bottom line. As students today consider the variety of options for their education, AACSB accreditation matters in delivering the quality, rigor and breadth of what they'll need to thrive in business in the long-term. CSU's College of Business is AACSB-accredited while also teaching students how they can have a lifelong impact beyond their time with the institute. Ultimately, for the college, the quality of an AACSB education is proven with the outcomes of its graduates. With these academic experiences and services from the Career Management Center, over 90 per cent of undergraduates receive a job offer or enter a graduate program within six months of graduation. The Trendsetting Leader Dean Beth Walker (PhD) became the first female dean of CSU's College of Business in 2015. Under her leadership, the college developed its purposedriven focus on the business for a better world, committed to using business education to help address society's most pressing problems. Dean Walker continually innovates, and this was most recently demonstrated by the creation of the College’s first Director of Social and Cultural Inclusion. This positions leads by creating robust diversity and equity efforts supporting Latinx, female, international and first-generation students. Notably, during her years as Dean, enrollment by students who identify as Asian and Hispanic or Latino has also increased by 63 and 58 percent, respectively.
The business world and academics will continue to evolve, but regardless of our future, how we use technology, partnerships and funding to extend opportunities to a wider, more diverse student population will guide our short- and long-term planning
Business and industry organizations have also recognized Dean Walker's impact. The American Marketing Association (AMA) appointed Dean Walker a 2021 AMA Fellow in recognition of her decades of academic contributions and leadership in the discipline, and she was named among the Top 25 Most Powerful Women in Business in Colorado by the Colorado Women's Chamber of Commerce in 2019. When asked about the struggles the college faces, Dean Walker responded, “The largest challenge the CSU College of Business has faced in its 55-year history is shared by the university since its inception in 1870. How can they make education more accessible and affordable to those who deserve it?” "The business world and academics will continue to evolve, but regardless of our future, how we use technology, partnerships and funding to extend
opportunities to a wider, more diverse student population will guide our short- and long-term planning," she added. Bolstering Futures with Cultivated Business Acumen Students graduate from the College of Business ready to become tomorrow's business leaders, armed with the knowledge and practical experience gained from hands-on learning central to its curriculum. Students learn at facilities and programs developed with a real-world focus. From managing investment portfolios worth hundreds of thousands of dollars in a lab filled with the same Bloomberg terminals that professional traders use, to engaging with companies to develop solutions to real-world business challenges as part of a unique consulting practicum course, students in the CSU College of Business enhance their classroom experience with countless opportunities to hone their skills in a real-world environment.
Learning only begins in the classroom at the CSU College of Business. About 62 percent of its students participate in an internship before they graduate, learning directly from professionals at companies that share the college's vision and values. Many of the college's centers, such as the Institute for Entrepreneurship and the Everitt Real Estate Center connect students with industry mentors, host developmental programs and sponsor teams that compete regionally and nationally in case competitions where students apply their experience untangling issues drawn from authentic industry problems. Engage and Connect The CSU College of Business is proud to develop partnerships and engage with alumni as well as organizations in local and national communities. Most recently, the college partnered with county government in the Pivot Larimer County program
to support the long-term stability of local business in the wake of challenges imposed by Covid-19. The free program connects business owners with College of Business faculty in workshops focusing on innovation and adaptation to the changing marketplace. To date, more than 115 Northern Colorado companies have engaged with the program. Additionally, the College encourages alumni to reconnect with the college to strengthen their programs, whether it's through classroom presentations and featured speaker visits by its most accomplished alumni to personalized, one-onone mentor relationships. These connections not only generate professional growth for students and alumni alike, as practical experience and fieldtested perspectives further complement classwork while granting invaluable networking opportunities to students, and the development of corporate fellowships and internship positions.
Achievements and Accolades In addition to the AACSB accreditation that places the CSU College of Business among the top five percent of business schools in the world, the CSU College of Business has received many accolades. Recent highlights include: Ÿ No. 8 Tax Research Worldwide – 2021 BYU Accounting Research Rating Ÿ Top 10 Online MBA in the U.S. – 2021 QS Quacquarelli Symonds Ÿ No. 14 Best Online IT Masters – 2021 U.S. News & World Report Ÿ Top 25 Best Online MBA Programs 2021 – QS Quacquarelli Symonds Ÿ Top 30 Best Business School for Veterans – Military Times Ÿ Top 20 Supply Chain Management Program 2020 – Supply Chain Management Journal List
Students at CSU College of Business routinely shine at regional, national and international level competitions that place real-world results with community impact at the heart of their scoring. The Impact MBA received the Wharton-QS Reimagine Education silver award for sustainability, selected from a field of 16 international sustainability education programs. Teams representing the college have recently placed third nationally in Deloitte's Audit Innovation Challenge, second in the Western States Collegiate Sales Competition, and first at the Daniels Fund Ethics Initiative Case Competition, the Sherman Miller Case Competition and the University of Maryland's Colvin CaseStudy Challenge. Enduring Hardships and Rising Above In addition to complying with state and local health guidelines regarding room capacities, social
distancing and disinfection protocols, years of expertise in online education made the CSU College of Business uniquely suited to accommodate social distancing during the pandemic. Existing instructional technology smoothed the college’s pivot to socially distanced learning, with classrooms equipped with cameras and microphones to capture lectures for livestream and asynchronous review of classwork. Using these capabilities, many classes were able to be held in a hybrid format that allowed rotating segments of students to attend in-person classes, while the other segments participated in an online environment.
Institutionally, the college will continue to lead the world in sustainability-focused business education, and its commitment to impactful research in accounting, computer information systems, finance and real estate, management, and marketing will deliver insights that shape our world
Students graduate from the College of Business ready to become tomorrow's business leaders, armed with the knowledge and practical experience gained from hands-on learning central to our curriculum
Online capabilities were critical to the continuation of learning in spring 2021, and the college’s instructional services and IT departments worked closely with faculty and students to ensure they had reliable internet access and the technology necessary to actively participate in online and hybrid courses. Aspiring to make a difference! “The CSU College of Business will continue to build on our strengths as we grow,” commented Dean Walker. “As we pursue our land-grant mission to make education accessible, we continue to lead the industry in online education, incorporating additional technologies to overcome geographic obstacles and offer students the flexibility to learn around their personal, professional and family
Alumni Testimonials
obligations, while allowing them to engage with faculty and their peers however they find most effective,” she added. Academically, as programs evolve to adapt to employers' needs, the CSU College of Business plans to continue developing more opportunities for signature, hands-on learning experiences. The college believes in engagement with the professional world that offers students a unique opportunity to consolidate knowledge and skills learned in traditional courses, providing them invaluable experience before they begin their first jobs. The college also hopes to make signature experiences such as practicums and fellowships, a defining piece of every student's experience in the future. “Institutionally, the college will continue to lead the world in sustainability-focused business education, and its commitment to impactful research in accounting, computer information systems, finance and real estate, management, and marketing will deliver insights that shape our world,” concluded the astute leader, Dean Beth Walker.
The things I'm learning in the Business school are going to come in handy at some point in my career, which makes me really confident that I'm going in the right direction with that – Tori Chao BSBA
It feels incredible to be so invested in tangible issues and to have the full backing and support of the Impact MBA faculty and staff
- Ethan Hahn GSSE/Impact MBA
I was really blown away by how they care about individual differences and how you can really maximize your unique skills sets, skills that can be applied in so many ways
What was superior was the delivery model, actually viewing lecturesnot everyone offered that – being able to see professors, see students, I wanted it to be as real-life classroom like as I could
- Aubrey Kruse BSBA
- David Wright Online MBA
Gateway to the American Dream
20 | July 2021
5 Reasons Why
Studying Business in the USA Can Boost Your Career
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usiness opportunities are like buses, and there is always another one coming.” - Richard Branson The economic world has transformed, and globalization has become the new normal. Apps can connect you to hundreds of languages within seconds, and cryptocurrency is the latest trend for aspiring investors. The point is to stay firm and keep yourself updated with all this, and you must clear your basis at first, that is Business Studies. Studying business will help you
understand how to do business or be an entrepreneur, and it is good to achieve the level of success that you are expecting. One of the most significant human activities is business. It has played a substantial part in the nation's economic development and improving people's lifestyles. Most European countries, the United States of America and Japan, have advanced in business development. So, studying business in a developed country like the USA is beneficial. And below are some reasons why to study
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business in the United States and how it can open the door to numerous opportunities for you. Exposure to Practical Education Internships are available at many of the top business schools in the USA as a method for students to put their knowledge into practice. You will acquire a better understanding of how a firm operates from the inside by experiencing the corporate culture, and you will be able to apply what you have learned in the classroom to the real world. An internship often leads to a part-time or full-time position. Another option to gain experience is volunteering, which allows you to learn new skills while also giving back to the community. For example, universities in the USA provide volunteer options for students on campus. This includes welcoming new students to campus, which is a fantastic experience as well as an opportunity to sharpen initiative and communication skills. Employers look for passionate leaders who engage in social causes; which is a great approach to strengthen your CV. Becoming an Entrepreneur When you study business, you develop a broad understanding of various topics. The diversity is tremendous, ranging from finance and marketing to strategic management and design thinking, and all these talents will be required if you want to establish a firm and be your own boss one day. Business is the career for you if you want to work independently by starting your own company. Studying in the United States would give you an unequaled head start in creating your professional network. You will study and collaborate with people from all
22 | July 2021
around the world, including those from the United States. While pursuing your studies in the business administration degree, you can network with business professionals or intern at big firms. Strengthen Communication Skills In the world of business, communication plays a significant role in making things smooth and beneficial. Excellent communication skills are required to write a persuasive report, deliver a winning pitch, and even draft the correct email. While studying business, you will work with students from all over the world on a number of challenging projects. Your experiences and viewpoints will differ, and you may even disagree. You must analyze circumstances, respond appropriately to opposing ideas, and master the art of persuasion to pass. Learning business in the USA teaches how to effectively communicate, think critically, and lead and drive others. When it comes to finding a job after college, the business world is extremely competitive, and leadership qualities will set you apart from other job seekers. Knowledge of Corporate Culture One of the most appealing aspects of studying business is that you will be exposed to many different aspects of remarkable organizations; you are unlikely to be limited to just one department. You will be getting knowledge of everything from finance to marketing at work. This diversity will be reflected in your business career. You can make more well-rounded business decisions if you have a great broad understanding of how the
business operates. That business knowledge is essential in financial and accounting roles, as well as at all levels of management and when founding and running your own company. A person with an information technology degree who learned essential business knowledge during their education, for example, is more likely to make better decisions since they understand how their actions affect the firm. A Degree with Recession-Proof Future According to the National Association for Business Economics, 72% of economists anticipate a recession has started at the end of 2021. Increased unemployment is one of the negative consequences of a recession. On the other hand, a business degree might be able to help you weather another downturn. According to the Graduate Management Admission Council (GMAC), 86 % of business school graduates found employment opportunities in 2011 after graduating during the Great Recession between 2007 and 2009. Financial management, information technology, management, and human resource management are among the most in-demand professional categories for business degree holders. Conclusion In short, acquiring a business degree from a well-developed country like the USA is a top-up for a better understanding of the business world and possibilities to make a career anywhere in the world. This is because the business degrees from the US Business Schools are recognized worldwide, opening the door to a recession-free future for the aspiring business leaders of tomorrow. T R - Rahul Thakar