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TheBerkeleyMBA - Full-time MBA Program, Haas School of ...

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<strong>of</strong> Ideas<br />

The Power<br />

<strong>Haas</strong> <strong>MBA</strong> Curriculum<br />

Innovative. Cutting Edge.<br />

Global. Flexible. Team-oriented.<br />

Interdisciplinary. These are some <strong>of</strong><br />

the key words to describe the <strong>MBA</strong> curriculum<br />

at the <strong>Haas</strong> <strong>School</strong> <strong>of</strong> Business.<br />

The <strong>Haas</strong> <strong>MBA</strong> curriculum not only teaches<br />

students the fundamentals <strong>of</strong> management,<br />

but also integrates cutting-edge<br />

developments that business leaders need<br />

in order to thrive in the new economy.<br />

<strong>MBA</strong> students graduate from <strong>Haas</strong> with<br />

up-to-date knowledge and a set <strong>of</strong> skills to<br />

become leaders in any kind <strong>of</strong> organization<br />

– from dot-com startups and multinational<br />

firms to consulting organizations<br />

and nonpr<strong>of</strong>its.<br />

<strong>Haas</strong> faculty members emphasize both theory<br />

and practice in the classroom, using a<br />

variety <strong>of</strong> teaching methods. Case studies,<br />

seminars, simulations, guest speakers, and<br />

group projects all facilitate the learning<br />

process. In addition to traditional electives<br />

in fields such as accounting, finance, and<br />

marketing, leading-edge courses keep students<br />

current in hot topic areas such as e-<br />

commerce, high-tech, and international<br />

marketing. Certificates in corporate environmental<br />

management, entrepreneurship,<br />

global management, health management,<br />

and technology management, as<br />

well as special programs in nonpr<strong>of</strong>it and<br />

public management, real estate, and<br />

socially responsible business, <strong>of</strong>fer students<br />

the opportunity to specialize their programs<br />

<strong>of</strong> study.<br />

Classroom learning is enhanced by numerous<br />

opportunities to apply the lessons to<br />

real world situations. For example, several<br />

unique courses are <strong>of</strong>fered in managerial<br />

accounting in the manufacturing, service,<br />

Putting It All Together<br />

and high tech industries, and in planning<br />

and control in international corporations.<br />

Student teams regularly work with local<br />

companies such as Hewlett-Packard and<br />

Varian to design cost systems or make recommendations<br />

on existing ones. Similarly,<br />

students taking organizational behavior<br />

courses are assigned fieldwork projects in<br />

which they visit local firms to examine<br />

and make recommendations on organizational<br />

problems.<br />

The <strong>Haas</strong> <strong>MBA</strong> <strong>Program</strong> also draws on the<br />

incredible breadth and depth <strong>of</strong> the<br />

University <strong>of</strong> California at Berkeley, whose<br />

graduate programs are consistently<br />

ranked among the best in the world.<br />

Students are encouraged to supplement<br />

business courses with classes outside the<br />

business school in areas ranging from<br />

engineering, law, and urban planning to<br />

foreign languages, international area studies,<br />

and history. Interdisciplinary opportunities<br />

with the university community at<br />

Berkeley enable <strong>Haas</strong> <strong>MBA</strong> students to<br />

learn from top experts in almost every<br />

field. Joint courses with Berkeley law, engineering,<br />

Asian studies, and public health<br />

students enhance the educational experience<br />

<strong>of</strong> many <strong>MBA</strong> students.<br />

The international aspects <strong>of</strong> the curriculum<br />

also provide opportunities to spend a<br />

semester <strong>of</strong> study abroad, to visit other<br />

countries during breaks, and to serve as<br />

consultants for companies around the<br />

world as part <strong>of</strong> the innovative International<br />

Business Development program.<br />

Above all, the <strong>Haas</strong> <strong>MBA</strong> curriculum is<br />

flexible. More than at most business<br />

schools, the <strong>Haas</strong> <strong>School</strong> <strong>of</strong>fers its students<br />

the option <strong>of</strong> arranging a program <strong>of</strong> study<br />

The Competitive<br />

Strategy Game<br />

When <strong>MBA</strong> students<br />

around the world learn<br />

strategy, they do so with<br />

the help <strong>of</strong> a computer<br />

game developed by<br />

Severin Borenstein.<br />

Borenstein’s Competitive Strategy<br />

Game (CSG) gives students a feel for<br />

the complexity <strong>of</strong> pricing, production,<br />

and market entry decisions in actual<br />

market environments.<br />

CSG is a simulation <strong>of</strong> the interaction<br />

between eight companies that compete<br />

with one another in four different<br />

markets. CSG teaches basic economic<br />

concepts such as sunk, fixed,<br />

and marginal costs, the opportunity<br />

cost <strong>of</strong> investment, firm- and marketelasticities<br />

<strong>of</strong> demand, and product<br />

differentiation, as well as more<br />

advanced strategic concepts such as<br />

first-mover and competitive advantage,<br />

entry deterrence, and oligopoly<br />

interactions.<br />

CSG has been used at 23 universities<br />

in five countries. “It brings to life the<br />

issues that are central to competitive<br />

strategy, but can seem pretty dry<br />

when taught with textbooks and<br />

cases alone,” says Borenstein.<br />

Severin Borenstein is the E.T. Grether<br />

Pr<strong>of</strong>essor <strong>of</strong> Business Administration<br />

and Public Policy at <strong>Haas</strong> and the<br />

director <strong>of</strong> the University <strong>of</strong> California<br />

Energy Institute.<br />

Using Fads to<br />

Gain Advantage<br />

Remember quality circles?<br />

How about business<br />

process reengineering?<br />

Conventional<br />

wisdom has deemed<br />

them “fad du-jour” practices pushed<br />

by managers under pressure to find<br />

quick solutions to complex problems.<br />

“Not so,” says Robert E. Cole, who<br />

has spent years researching and consulting<br />

with Japanese and American<br />

business enterprises. “Smart companies<br />

learn to use fads. Stupid companies<br />

don’t.”<br />

In his new book, Managing Quality<br />

Fads, Cole argues that fads – <strong>of</strong>ten<br />

derided as a waste <strong>of</strong> resources –<br />

can improve productivity and quality:<br />

“Businesses <strong>of</strong>ten need fads to motivate<br />

people to try new things.” He<br />

has found that successful managers<br />

use fads as building blocks for organizational<br />

learning.<br />

Robert E. Cole is the Lorraine Tyson<br />

Mitchell Pr<strong>of</strong>essor <strong>of</strong> Leadership and<br />

Communications II and co-director <strong>of</strong><br />

the Management <strong>of</strong> Technology<br />

(MOT) program at <strong>Haas</strong>.<br />

15

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