|
Prime Prospect
Itıs been quite a ride. On April 22, 1985, the first Malaysian automobile, the Proton Saga, rolled off the production line. The event was so important to the emerging nation that the car was given a place of honor in the countryıs national museum. Less than 12 years later, on January 15, 1997, Malaysian Prime Minister Dr. Mahathir bin Mohamad came
The event signaled an astonishing leap forward by the Southeast Asian nation of 20 million, and it brought to the School scores of high-tech executives who hope to take advantage of Mahathirıs promise of state-of-the-art infra-structure, financial incentives, intellectual property protection, few regulations, and no censorship. Besides entertaining Sun Microsystemsı chairman and CEO Scott McNealy, MBA ı80, and top officers of Apple, Netscape, Oracle, Bechtel Group, Compaq, and Hewlett-Packard, the prime minister also met with MBA students and dined with GSB faculty. Kenichi Ohmae, a visiting professor of management at the Business School, was instrumental in arranging the Mahathir visit. The idea stemmed from an informal discussion among GSB faculty about the shift from economic development controlled by a single government to broader economic regions that donıt coincide with political boundaries. Ohmae argued that regional economic centers that attract participation by various governments and international companies are the most important type of devel-opment in todayıs global economy.
In on the ground floor
Top dollar Ursula Kaiser, GSB director of financial aid, has been elected president of the 1,500-member California Association of Student Financial Aid Administrators, the largest such state organization in the country. Kaiser, also a member of the Financial Aid Advisory Group of the Graduate Management Admissions Council, has served as an advisory panel member for the publication ³The Official Guide to Financing Your MBA.² Kaiser and her staff processed financial aid packages for 69 percent of the Class of 1997 and 78 percent of the Class of 1998. |
Demystifying derivatives
³The typical participant will already have a familiarity with derivatives markets,² say Singleton and Duffie, ³as well as with such notions as deltas, yield spreads, value-at-risk, credit-rating transitions, option-implied and historical volatilities, and correlation. We will leverage these simple concepts rather sharply.² For further information, contact Alice Sheehan at 650-723-9120 or sheehan_alice@ gsb.stanford.edu.
1, 2, 3 testing... In most laboratories, experiments occasionally go awry, gumming up test tubes, blowing circuits, or making a mess that can on occasion lead to valuable insights. But, laboratories are a safe place for investigators to find out what will happen if they try a new method or an untested piece of equipment ‹ without worrying about the possibility of stopping a production line or bringing a business to a grinding halt. The Business School is creating a high-tech experimental laboratory that will allow the same kind of ³what if² experimentation in information technology. The Technology Experimentation Learning Laboratory, under construction in a room adjacent to the MBA computer lab, will allow faculty, staff, and students to ex-periment, test, and develop new information technology tools and services. Projects already under way are being used to evaluate new configurations of software servers and expand video-conferencing capabilities for the School. Another project is testing thin client network computers ‹ individual desktop computers that access software applications stored on a central machine, making it easier to upgrade programs and add new applications. |
to the Business School proposing that his country, already a technology
manufacturing center, lead the rest of the world through the Information
Age by establishing the 50-kilometerlong ³Multi-media Super Corridor²
between Kuala Lumpur and the new international airport that serves it.
Charles Schwab, mba ı61, is not the only GSB graduate to have a personal
interest in the new Schwab Residential Center, due to open this summer.
Leo Linbeck III, MBA ı94 (seated), represents his familyıs Linbeck
Construction Corp. in providing strategic overview and financial and
process consulting for the centerıs construction. Warner Strang, MBA
ı71, and Elizabeth Beliveau, MBA ı94 (standing from left), are project
director and project engineer, respectively, for the Linbeck company.
Strang oversees bidding and construction, while Beliveau bears
responsibility for expediting just about everything ‹ billing, bidding,
and the securing of authorizations. Sandy Scott, MBA ı91, represents the
School as new construction project director and also serves as
unofficial cheerleader for the Schwab Center team.
Finance professors Darrell Duffie and Kenneth J. Singleton are offering
a new three-day executive program, Market and Credit Risk for Financial
Institutions, in September. The two specialists in risk management
created the course especially to meet the needs of financial firm
managers who have primary responsibility for large portfolios of
over-the-counter derivatives, cash-market securities, loans, or other
financial securities subject to price and credit risk. The program also
will be valuable to the risk management staffs of firms who act as
broker-dealers in financial securities, regulators, and consultants and
others who provide professional services to this community.
Return to the top.
This is an official Stanford Graduate School of Business webpage
Copyright İ 1996, 1997 Stanford University - Graduate School of Business