November 2002, Volume 71, Number 1

 

Spreadsheet One
*Coming to Terms with Title Envy
*Recession Hits Student Pocketbook
*A Generous Class in a Tight Year
*Library Databases Open to Alumni

Spreadsheet Two
*Student Changes ETS Test Policy
*Online Class Notes Is on Leave
*Siebel Scholars Announced
*New Grad Named
White House Fellow
Spreadsheet Three
*VC Invests in Hometown Youth
*Journal Explores Life in
the Electronic Age

For the Record: MBA Student Profile: Class of 2004

Spreadsheet One

Coming to Terms with Title Envy

AFTER BUSINESS SCHOOL, Bruce Cozadd, MBA ’91, searched for a company that was not full of workaholics. “But then those bad genes took over and I started climbing the ladder because it was there,” Cozadd said of his experience at Alza Corp., where he became CFO and finally COO. He eventually resigned after the company was bought out and his position would have required much travel.

Now a “titleless” consultant with three children, Cozadd and his spouse-classmate, Sharon Hoffman, constrain their careers by setting a limit on the amount of child care they will hire. “Our nanny has never left later than 3 p.m.,” Cozadd said at a June discussion of work–family balance issues organized by the Alumni Affairs office. The focus was on the balance issues faced by men, because they have fewer opportunities than women to talk about the subject, said Linda Wells, MBA ’93, who organized the discussion.

Cozadd and Hoffman, director of the School’s MBA Program, sit down monthly to coordinate their schedules and make “horse trades” about the hours they each will be home, he said, confessing to occasional bouts of “title envy.” “You guys are all something,” Cozadd said to the men in the audience, “and I’m just me.” “I was so ambitious, I couldn’t have done this right out of school,” added Jonathan Visbal, MBA ’84, about his decision to trade his career in international entrepreneurship for a lower-key role as an executive recruiter. “You only have 10 years to influence your kids, and after that society takes over,” he said, explaining why he had left work at 4:30 the day before to cycle with his two daughters and why he would attend a school party the next day.

How do you find a job with work–family balance? Eric Weaver, MBA ’92, founder of the nonprofit Lenders for Community Development and father of a toddler, suggested people focus their career by thinking about what things they like to do that “don’t have 10,000 other people beating the door down to do them.”

Recession Hits Student Pocketbook

THE ECONOMIC DOWNTURN led to a record need for financial aid among MBA students this year, according to financial aid director Colleen MacDonald, who estimates she will provide $4.3 million to MBA students, up from a record $3.9 million in 2001–02. During the 1998–99 academic year, when the economy was much better, the School awarded $2.2 million in MBA fellowships.

The proportion of students receiving aid has not changed that much, MacDonald said, but more of them have a need that is clustered around the mean, this year at $11,787. About half of MBA students qualify for fellowship assistance, and 69 percent apply for loans through the financial aid office.


ILLUSTRATION BY TERRY COLON

A Generous Class in a Tight Year

IN A YEAR when money was scarcer than normal, the MBA Class of 2002 showed unusual generosity, setting a record for a class gift. As of July 8, an unprecedented 91 percent of the class had participated and pledged more than $311,000, shattering the old dollar record by more than $137,000.

The class also broke with the model of picking a specific building project to fund. Instead they helped support MBA fellowships and expansion of the second-year seminars, a year-old program that allows returning MBAs to spend an intensive week in a small group with a faculty member whose research interests them.

“The gift will be commemorated with a plaque in Knight Plaza,” Dean Robert Joss said. “We hope it will be the start of another great GSB tradition.”

Library Databases Open to Alumni

BUSINESS SCHOOL GRADS can subscribe to four popular online databases through a new service of the Alumni Association and Jackson Library. Staff negotiated with database suppliers to offer the service after a survey of alums showed high interest in the service.

From their homes or offices, alumni subscribers can research current business conditions in ABI/INFORM (ProQuest), get the latest technology news from Computer Database, conduct career searches or prospect for customers using ReferenceUSA, and track market trends in TableBase. The service is $150 annually for life members of the association; more for nonmembers.

 

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