Oct. 12, 2009
Media Contact: Jennifer Edgerly, jedgerly@gmu.edu 703-993-8699
Global residencies provide comprehensive integrated learning experience
FAIRFAX, Va.,—As many Americans are searching for relief in an uncertain financial market, George Mason University Executive MBA (EMBA) students are heading straight to Wall Street for an inside perspective on the current economic crisis during the second of three global residencies.
A hallmark of Mason’s School of Management (SOM) EMBA program, required global residencies in Asia, the United Kingdom and New York provide an important experiential learning opportunity.
“At a time when our business interactions are becoming increasingly global, it is imperative that universities extend learning beyond the classroom to the global stage by integrating these types of residencies,” says Jorge Haddock, dean of SOM. “The importance of understanding how the U.S. economy affects the rest of the world is all too evident from this most recent global financial crisis. It’s our duty as educators to prepare these students and their companies to effectively weather this storm and learn to lead in the new economy.”
For their first global residency, these students spent 10 days in May in Bangkok, Thailand and Ho Chi Minh City, Vietnam studying global markets, competition, business strategy and international business opportunities from the Asian perspective. In March 2010, they will also participate in a one-week residency at Oxford University’s Mansfield College examining financial practices in the European Union and exploring regulation and the variety of European cultures and approaches to doing business.
The New York residency presents an opportunity for students to gain a comprehensive understanding of the intersection of financial markets and regulation. From Oct. 12-15, students will spend time in the heart of Wall Street meeting with influential decision makers including:
*Charlie Gasparino, on-air editor, CNBC
*Glenn Eckert, senior vice president, Moody’s Investors Services (SOM alumnus)
*John Succo, co-founder and partner, Vicis Capital
*Michael Lipper, president, Lipper Advisory Services
*Mickey Levy, chief economist, Bank of America
Other meetings and site visits will take place at, or with officials from, the New York Stock Exchange, U.S. Securities and Exchange Commission and Federal Reserve Bank of New York. EMBA students will experience first-hand the inner workings of financial institutions and regulatory agencies. Also on the agenda is a trip to the NASDAQ opening ceremony where they will witness an IPO go live.
“The New York residency is the culmination of the financial markets course and focuses on contemporary economic developments,” says Karen Hallows, SOM’s EMBA academic director. “Our time on Wall Street has always focused on recent events in the financial world. This year we will examine the financial crisis with new eyes and study the various proposals for ensuring it does not happen again.”
About the School of Management
The School of Management (SOM) is accredited by the Association to Advance Collegiate Schools of Business (AACSB) International and educates future business leaders through world-class teaching, innovative academic programs and strategic business partnerships. With the SOM curricula and research rooted in entrepreneurship, corporate governance and global business education, the school prepares students for increased globalization through a range of academic programs and international alliances. The school is ranked in the top 15 percent of all AACSB accredited business schools by U.S. News & World Report.
About George Mason University
Named the #1 national university to watch in the 2009 rankings of U.S. News & World Report, George Mason University is an innovative, entrepreneurial institution with global distinction in a range of academic fields. Located in Northern Virginia near Washington, D.C., Mason provides students access to diverse cultural experiences and the most sought-after internships and employers in the country. Mason offers strong undergraduate and graduate degree programs in engineering and information technology, organizational psychology, health care and visual and performing arts. With Mason professors conducting groundbreaking research in areas such as climate change, public policy and the biosciences, George Mason University is a leading example of the modern, public university.
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