wharton's prescription for health care - Wharton Magazine

SCHOOL UPDATECampusNEWS■ Reflecting a growing interest amongundergraduates in emerging and transitionmarkets, Wharton has establishedThe Undergraduate EmergingEconomies Fellows Program to studysuch areas of the world as Eastern andCentral Europe, Latin America, India,China and Southeast Asia. Studentswho choose to focus their studies in thisarea must complete a summer internshipin an emerging economy and demonstrateproficiency in the language oftheir target region.The academic theory component ofthe program — which offers a “focus”rather than a distinct major or minor —is drawn from the existing undergraduatecurriculum, including electives thatdeepen students’ knowledge of the targetarea. Students are also required totake a course entitled “InternationalIndustrial Development Strategies.”This initiative, which hopes to attractapproximately 15 sophomores eachyear, is modeled closely on the MBAEmerging Economies program establishedlast year.■ To help boost the ranks of highlytrained African-American and Hispanic-Americanbusiness leaders, a consortiumof five business schools, ninemajor corporations and seven predominantlyminority colleges and universitieshave created a nonprofit organizationcalled the Management EducationAlliance.The goal is to create centers of excellencein business education at African-American and Hispanic-American collegesand universities in ways that willhelp these institutions develop a particularcompetence in some aspect ofmanagement education. The centerswill also better prepare their graduatesfor the rigors of a competitive globalmarketplace.The alliance has already initiated anumber of projects, including corporateinternships and executive educationseminars targeted to facultymembers at minority colleges who typicallydon’t have access to executivesin their field or may lack the practicalexperience needed to further theirown understanding of business.Among the participating businessschools are Wharton, the Harvard BusinessSchool, the Darden School andEmory University. Kenneth Shropshire,associate professor of legal studies andreal estate, is Wharton’s liaison to theconsortium.■ Shiv K. Gupta, a professor of OperationsResearch and Marketing atWharton from 1966 to 1992 andchair of the School’s operations researchprogram from 1971 to 1984, died inJune in Delhi, India.Over his long career, Gupta publishedmore than three dozen professionalarticles on topics such as ballistics,estimation theory, marketing,logistics, system theory and casinooperations. He also authored threebooks, the last one entitled “Fundamentalsof Operations Research forManagement”.In Gupta’s memory, a loan fund tohelp Indian graduate students attendWharton has been established throughWharton’s development office. ”SPEAKING OUTGuest speakers from the business, government and education sectors visitedcampus last fall to share their opinions and experiences with Wharton students.The speakers included, among others:■ Paul M. F. Cheng, WG’61, chairman ofthe Hong Kong-based Inchcape PacificLtd. and N. M. Rothschild & Sons (HongKong) Ltd.■ Gail Dudack, chief investment strategist,UBS SecuritiesPAUL M. F. CHENG, WG’61■ Rajat Gupta, managing director, McKinsey& Co.■ Raul Sanabria Tirado, dean of the University of Los Andes in Bogota, Colombia■ June O’Neill, director, Congressional Budget Office■ Shaun F. O’Malley, W’59, former chairman and CEO of Price Waterhouse■ Arifin M. Siregar, ambassador of Indonesia to the U.S. ”JUNE O’NEILL4W INTER 1996