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Carey Business School welcomes first full-time MBA class

The Johns Hopkins Carey Business School
100 International Drive
Baltimore, MD 21202-1099

August 5, 2010
MEDIA CONTACT: Patrick Ercolano

The first research university in the United States this week welcomed 89 students in the charter class of its signature full-time Johns Hopkins Global MBA program.

The Johns Hopkins Carey Business School’s Global MBA program adds a new dimension to The Johns Hopkins University’s mission of providing knowledge for the world, with ties to such renowned Hopkins divisions as the schools of Medicine, Public Health, Engineering, and Advanced International Studies.

The two-year program embeds a global perspective recognizing that the most exciting business opportunities and challenges of the future lie in serving the needs of humanity as they are emerging around the world, and that students should be encouraged to develop mindsets that enable them to meet these challenges both as individuals and as members of business organizations.

“In the Johns Hopkins traditions of service and international outreach, the Global MBA was created to deliver a new brand of business education that produces leaders who aspire to build enterprises that not only turn a profit but also profit society,” said Yash Gupta, dean of the Carey Business School.

 The Johns Hopkins Global MBA rests on a platform of rigorous courses that provide an integrated understanding of core concepts in the business disciplines – accounting, finance, marketing, operations, and organizational behavior.  These business essentials are blended innovatively with experiential components that foster a professional perspective that Gupta describes as “Business with Humanity in Mind.”  Students then build professional specializations not only in traditional business disciplines but also in specific application industries such as health, in which Johns Hopkins offers unparalleled expertise across its various units.  

The offerings in the Global MBA include:

*A unique three-week orientation session that began this week and is designed to create a common frame of reference for essential analytical and communication skills and also an understanding and appreciation of global institutions, cultural diversity, and collaborative teamwork.

*The Innovation for Humanity project, in which all first-year students in the program devote the January intersession to working with social entrepreneurs on  business projects that contribute to sustainable community development at locations in the United States and in emerging economies such as Rwanda, Kenya, Peru and India.

*The two-semester Discovery to Market project, in which students work on understanding and implementing business processes that underpin the commercialization of scientific discoveries made at Johns Hopkins and affiliated research institutions.

*Weekly Thought and Discourse seminars, led by prominent faculty, business leaders, and policy experts, to stimulate critical thinking, creative expression, and open interaction about overarching business issues such as ethics, leadership, and innovation.

Women constitute nearly one-third of the class, and students range in age from early the 20s to early 40s. They possess a variety of academic backgrounds and professional experience, from those just out of college to those with 15 or more years in the workplace.

International students constitute 56 percent of the class – significantly higher than the average of about 40 percent reported by the top 20 U.S. programs in the 2010 Financial Times full-time MBA rankings.  The countries from which the Carey students hail include the United States, Canada, Ghana, the Netherlands, Greece, Turkey, India, China, Japan, South Korea, Taiwan and Indonesia.

“The incoming students fit the mold of the Johns Hopkins scholar — a dedicated, self-motivated, creative thinker and problem solver,” said Gupta. “We sought out and selected our students to create a level of diversity in backgrounds not common at business schools.” 

Deasy Priadi is an example. The native of Indonesia has a bachelor’s degree in psychology and works for the World Bank in Jakarta. “Growing up in Indonesia, where many people live on less than $2 per day, has informed my future goals,” she says.

One of her key goals is to contribute to improving the lives of the poor. She plans to turn some of her family-owned land in West Java into a model farm that would demonstrate the best agricultural methods and set new standards for treatment of farm workers. “A smart, forward-looking entrepreneurial approach, grounded in business fundamentals, yet cognizant of the world we live in today, can have a positive, even generational, impact by creating jobs and reducing poverty in countries like Indonesia,” Priadi says.                                                                                      

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 About the school:  The Johns Hopkins Carey Business School was established in 2007 with a gift of $50 million from Trustee Emeritus Wm. Polk Carey. The school draws upon the strengths of other Johns Hopkins schools, including the Johns Hopkins Bloomberg School of Public Health, the School of Medicine, School of Nursing, the Whiting School of Engineering, and the Zanvyl Krieger School of Arts and Sciences.

The Johns Hopkins Carey Business School shares The Johns Hopkins University’s dedication to improving lives on a global scale by addressing pivotal societal issues, including health, poverty, education, and environmental sustainability through rigorous research and education. For us, this means the transformation of business education, and repurposing the traditional business school toolkit to reflect our principles of humanity, compassion, innovation, and opportunity.

The world needs leaders who understand how business shapes the future and influences our behavior across industries, continents, and cultures. The Johns Hopkins Carey Business School teaches business with humanity in mind.  http://carey.jhu.edu/

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