Olin Business School

Olin Business School is taking its executive education programs on the road and due west on I-70. Destination: Kansas City. Senior faculty will offer the same top-ranked seminars and the 20-month Executive MBA degree program to Kansas City-based professionals as those offered on the St. Louis campus. Olin’s executive MBA program was established in 1983 and has been offered in conjunction with Fudan University in Shanghai, China since 2002. 

An international gathering of business executives will don caps and gowns for their graduation ceremony at the Olin Business School. Strobe Talbott, president of the Brookings Institution will deliver the keynote speech.

Human guinea pigs do their homework before volunteering for high-paying clinical trials. New research shows that people equate large payments for participation in medical research with increased levels of risk. And when they perceive studies to be risky, potential participants spend more time learning about the risks and nature of the study. Findings published this month in Social Science and Medicine, suggest there is a “mismatch” between current research guidelines for setting compensation levels and the assumptions participants make about the levels of pay and risk.

A record number of aspiring entrepreneurs entered 45 ideas for new ventures in the annual Olin Cup business plan competition this fall. As the race toward $75,000 in seed money enters its last stage, seven finalists are crunching numbers and honing their plans for the crucial final presentation to judges in January.

Seven entrepreneurs enter the final round of the Olin Cup business plan competition this month as they vie for $75,000 in seed money. Ken Harrington, managing director of the Skandalaris Center, co-sponsor of the Olin Cup, emceed the recent “Elevator Pitch” event where 17 semi-finalists had two minutes each to present their business plans. The teams presented privately in front of 16 judges, then presented publicly in front of an audience. Harrington said, “the judges, audience, and I were very impressed with the quality of this year’s pitches and ideas. We look forward to the next phase in the competition and seeing their full business plans.” Winners will be announced in February. Video report on the competition included.

GM releases its first quarterly results post-bankruptcy on Nov. 16. U.S. auto sales in October equaled an annualized rate of 10 million vehicles. That’s a steep drop from the 17 million cars sold each year from 1991-2007. Not even a robust recovery from the recession is expected to boost sales near previous highs. Bailouts, bankruptcies and cash for clunkers have helped keep the industry afloat this year. Yet, the reality of too many factories and workers remains as demand continues to dip. Supply chain expert Panos Kouvelis says auto makers need to keep the brakes on production and proceed with caution. Video available.

What happens when the CEO of one of the largest financial institutions in the world sits down to talk with MBA students? Olin Business School students had a long list of questions for Citi CEO Vikram Pandit when he visited recently. The discussion ranged from the financial crisis to reform, compensation to career choices. Pandit offered candid advice to the students with concerns about unemployment numbers and the loss of jobs on Wall Street.

World leaders from the Group of 20 industrialized and developing nations gather in Pittsburgh this week and the global banking system is on the top of the agenda. Topics for discussion will include how to strengthen banks and help prevent financial crises like the one that roiled global markets a year ago. U.S. and European regulations of executive compensation at banks will also be scrutinized at the summit. Olin Business School professor and banking expert Stuart Greenbaum’s advice: proceed with caution.

Jessica Jackley understands the power of the personal connection. She discovered it while visiting East Africa to conduct impact evaluation surveys for Village Enterprise Fund. At the same time, her husband, Matt Flannery, was in the field filming interviews with small business entrepreneurs. When they saw firsthand the life-changing power of micro financing, they devoted […]

Jessica Jackley, co-founder of Kiva, the Internet-driven microfinance organization that connects lenders with budding entrepreneurs, will deliver the Assembly Series/Skandalaris Lecture at 5 p.m. Thursday, September 17 in Simon Hall’s May Auditorium. The event is free and open to the public. This is the kickoff event for the Skandalaris Center’s annual business plan competitions: the Olin Cup, and the YouthBridge Social Entrepreneur and Innovation Competition.