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

MBA’s at Berkeley,
Michigan, and Darden
Are E-Linked
In the first such partnership of its kind,
the Haas School, the University of
Michigan Business School, and the
Darden School at the University of
Virginia use innovative distance learning
technologies to offer e-business
classes to each others’ MBA students
last year. The initial courses included:
• Michigan’s “Implementing
E- Business” course about the
intersection between “E” technologies
and business administration.
• Haas’s “e-Finance” course on the
chain of financial events that bring
a firm from idea to public company
and the transformation of financial
markets.
• Darden’s course “The Transformational
Effects of e-Business” about the longterm
effects that information technology
and the Internet are having on
business.
gain field experience through an internship
with a local entrepreneurial operation.
They also complete a project that integrates
financial planning, marketing,
accounting, and organizational skills in a
marketing or business plan for a venture of
their own design.
Entrepreneurship Certificate
Requirements
Coursework
• Entrepreneurship
• Seminar in Entrepreneurship or
Workshop in Entrepreneurship
• New Venture Finance
Field Experience
• Internship in an entrepreneurial venture or business
that works directly with such ventures or current
or previous entrepreneurial work experience
New Venture Development Exercise
• Further development of a project undertaken in
the Entrepreneurship class or Development effort
undertaken in the Workshop in Entrepreneurship
Certificate in Global Management
Technological advances make the world an
increasingly global marketplace. Earning a
Certificate in Global Management allows
students to demonstrate proficiency and
experience in the theory and application
of global business and management principles.
Requirements for the certificate fall
into three areas: overseas experience,
courses with international content, and
language requirement.
Language proficiency may be acquired
while at Berkeley or may have been
acquired prior to enrollment. Experience
abroad may take the form of prior experience,
a semester exchange or summer
internship, or participation in the
International Business Development program.
International courses may be selected
from a list of approved courses.
Participation in an approved international
study trip may also count towards course
requirements.
Global Management Certificate
Requirements
International Courses (at least eight units)
• Comparative and International BPP: Europe
and Asia
• Cross-Cultural Management Issues
• European Financial Markets
• Global Marketing Strategy
• Global Strategy and the Multinational Enterprise
• Global Supply Chain Management
• International Business Development (unless used
to satisfy overseas experience requirement)
• International Finance
• International Tax Strategies
• International Trade
• International Trade and Competition in
High Technology
• National Policymaking and the
International Economy
• Approved student-run courses with international
focus (such as Doing Business in China)
• Other approved electives
• International Study Trip with approved itinerary
(such as the Pacific Rim Trip)
Language Requirement (one of the following)
• Fluency equivalent: non English language degree
or certification exam
• Language study through the fourth-semester
course at UC Berkeley
• Transcript showing equivalent university-level
language studies
Overseas Experience (one of the following)
• Semester Study Abroad (see International
Exchange Programs)
• Summer Internship Abroad
• International Business Development course
• International student enrolled at Haas
• Significant (1 year minimum) professional
experience overseas
• Approved independent study with overseas
field work.
of Ideas
The Power
From left to right:
Haas faculty Franco
Wong, Brett Trueman
and Xiao-Jun Zhang
Evaluating Internet Stocks
The turmoil of Internet stocks over the
past 2-3 years has given ample inspiration
to three Haas accounting professors, Brett
Trueman, M.H. Franco Wong, and Xiao-
Jun Zhang. They have studied closely the
movement of Internet stocks and contributed
significantly to the industry’s
understanding of their volatility.
For example, the team investigated how
Internet stocks could soar while their
companies were operating deeply in the
red. They found that investors and analysts
were most influenced by a company's
gross profits and the activity level on
its web site when determining the value
of its stock. Bottom-line net income
played little or no role in the valuation of
Internet stocks.
The team also discovered that, on average,
Internet stock prices rose in the days
before earnings announcements and fell
after the announcements whether the
companies announced positive earnings
or losses. Their data suggested that small
investors were buying just before Internet
firms’ earnings announcements in the
hopes of good news, which would drive
the prices up only to plummet when the
when disappointed investors sold their
newly acquired shares. Eventually
these stocks returned to their previous
values.
International
Exchange Programs
Nothing compares to the experience of
attending university and getting to know
students in another country for an entire
semester. Haas MBA students may
embark on an international exchange
program in the fall semester of their second
year. They pay the normal Haas fees
and may earn up to 12 units toward their
MBA degree while abroad. International
exchange programs are offered in the following
locations:
London Business School (LBS),
London, England
L’Ecole Des Hautes Etudes Commerciales
(HEC), Jouy-en-Josas, France
Instituto des Estudios Superiores de la
Empresa (IESE), Barcelona, Spain
Rotterdam School of Management
(RSM), Rotterdam, The Netherlands
Scuola di Direzione Aziendale (SDA),
Bocconi, Milan, Italy
The Hong Kong University of Science
and Technology (HKUST), Hong Kong
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