Stanford GSB

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Mission	To create ideas that deepen and enhance our understanding of management and to develop innovative, principled, and insightful leaders who change the world
Established	1925
Official name	Stanford Graduate School of Business
University	Stanford University
School type	Private
Endowment	$835 million
Dean	Robert L. Joss
Location	Stanford, CA, USA
Enrollment	914 (all graduate)

The Stanford Graduate School of Business (also known as Stanford Business School or Stanford GSB) is one of the professional schools of Stanford University, in Stanford, California. It is one of the leading business schools in the United States. 1925 (MCMXXV) was a common year starting on Thursday (link will display the full calendar). ... Leland Stanford Junior University, commonly known as Stanford University (or simply Stanford), is a private university located approximately 37 miles (60 kilometers) southeast of San Francisco and approximately 20 miles northwest of San José in Stanford, California. ... Private schools, or independent schools, are schools not administered by local, state, or national government, which retain the right to select their student body and are funded in whole or in part by charging their students tuition rather than with public (state) funds. ... Stanford is a census-designated place (CDP) located in Santa Clara County, California. ... Official language(s) English Capital Sacramento Largest city Los Angeles Area  Ranked 3rd  - Total 158,302 sq mi (410,000 km²)  - Width 250 miles (400 km)  - Length 770 miles (1,240 km)  - % water 4. ... Stanford University seal. ... Leland Stanford Junior University, commonly known as Stanford University (or simply Stanford), is a private university located approximately 37 miles (60 kilometers) southeast of San Francisco and approximately 20 miles northwest of San José in Stanford, California. ... Stanford is a census-designated place (CDP) located in Santa Clara County, California. ... Official language(s) English Capital Sacramento Largest city Los Angeles Area  Ranked 3rd  - Total 158,302 sq mi (410,000 km²)  - Width 250 miles (400 km)  - Length 770 miles (1,240 km)  - % water 4. ...

The Stanford Graduate School of Business offers a general management MBA degree and thus does not offer degrees in specialized areas such as finance or marketing, although it does offer certificate programs in public management and global management. The school also offers the Sloan Program, a one-year MS in Management for accomplished mid-career executives, and a Ph.D. program. The school also offers a number of dual degrees jointly with other schools at Stanford University including Education, Engineering, Law and Medicine. Master of Business Administration (MBA) is a tertiary degree in business management. ... A masters degree is an academic degree usually awarded for completion of a postgraduate course of one or two years in duration. ... Doctor of Philosophy (Ph. ... Leland Stanford Junior University, commonly known as Stanford University (or simply Stanford), is a private university located approximately 37 miles (60 kilometers) southeast of San Francisco and approximately 20 miles northwest of San José in Stanford, California. ... Stanford University School of Engineering is one of the schools of Stanford University. ... Stanford Law School is a graduate school at Stanford University located near Palo Alto, California in Silicon Valley. ... Stanford University School of Medicine is affiliated with Stanford University and is located at Stanford University Medical Center in Stanford, California, adjacent to Palo Alto and Menlo Park. ...

Background

Aerial view of the Graduate School of Business.

The school was founded in 1925. There are three Nobel Prize winners on the faculty, two recipients of the John Bates Clark Award, 15 members of the American Academy of Arts and Sciences, and three members of the National Academy of Sciences. Its faculty members maintain several joint appointments with affiliated research centers, most notably with the Hoover Institution on War, Revolution and Peace (also located on the Stanford campus). The GSB maintains very close links with the venture capital, finance and technology firms of nearby Silicon Valley. Image File history File linksMetadata Download high-resolution version (2288x1712, 2142 KB) An aerial view of the Stanford GSB File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Image File history File linksMetadata Download high-resolution version (2288x1712, 2142 KB) An aerial view of the Stanford GSB File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Hoover Tower at the Hoover Institution The Hoover Institution on War, Revolution, and Peace is a public policy think tank and library founded by Herbert Hoover at Stanford University, his alma mater. ...

The school operates with an annual budget of $110 million, and is the second wealthiest business school in the nation with an endowment of $835.3 million (as of August 31, 2006), roughly tied with Harvard Business School in per capita endowment. There are 23,759 total alumni, including 15,485 alumni of the MBA program. Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. ...

In August 2006, the School announced what is believed to be the largest gift ever to a business school - $105 million from Stanford alumnus Phil Knight, MBA '62, Founder and Chairman of Nike, Inc. The gift will go largely toward construction of a $275 million campus, to be called the Knight Management Center, for the Business School. When construction is completed, the Stanford Business School will comprise the Knight Management Center and the Schwab Residential Center (named after alumnus Charles R. Schwab, Founder, Chairman, and CEO of the Charles Schwab Corporation).

Rankings

Stanford GSB logo

Stanford Business School is widely regarded as one of the premier schools of business in the world. A large part of its reputation can be attributed to the scope of the school's research endeavors, its role in the development of Silicon Valley's leading businesses, and the prominence of its alumni in many leading ventures. Stanford's MBA program ranks #2 by U.S. News and World Report, #3 by Financial Times and #6 in Business Week business school rankings in 2006. In addition, a poll by the Wall Street Journal ranked Stanford MBA program #18 in 2006 list of U.S. business schools. Forbes ranked Stanford Business School #6 in its fourth biennial ranking of business schools in 2005, up from #7 in 2003. The Economist magazine ranked Stanford #4 in the 2005 business school ranking. In its biennial report "Beyond Grey Pinstripes", the World Resources Institute, and the Aspen Institute identified the Stanford Graduate School of Business as the leader among business schools that are incorporating academic content involving ethics, corporate social responsibility, and environmental sustainability into their curricula and activities. The ranking was based on an extensive survey in which schools were asked to describe cases, research, and course content that address these issues. Image File history File links Stanford_logo. ... Image File history File links Stanford_logo. ... U.S. News & World Report is a weekly newsmagazine. ... The Financial Times (FT) is an international business newspaper printed on distinctive salmon pink broadsheet paper. ... BusinessWeek is a business magazine published by McGraw-Hill. ... The Wall Street Journal is an influential international daily newspaper published in New York City, New York with an average daily circulation of 1,800,607 (2002). ... This article or section does not adequately cite its references or sources. ... The Economist is a weekly news and international affairs publication owned by The Economist Newspaper Ltd edited in London, UK. It has been in continuous publication since September 1843. ...

Admissions Statistics and Student Profile

Aerial view of the Main Quad.

The Stanford GSB is the most selective business school in the country. It has maintained the highest ratio of "applicants to available seats" of any business school for the last decade. It has also had the lowest acceptance rates (typically <10%) of any major business school in the world. For the class which entered in 2005, approximately 8% of applicants were offered admission. Image File history File links 32_arial. ... Image File history File links 32_arial. ...

The school has approximately 370 students per year in its full-time two-year MBA program. It is relatively diverse compared to its peer institutions. The most recent entering class was approximately 32% female, 25% ethnic minorities and 39% international. Among these are Fulbright scholars and Coro, Gardner, Rhodes, Rotary, and Truman fellows. Approximately 10% of the class entered the MBA program with other graduate or professional degrees; including medical doctors, lawyers, and Ph.Ds.

The students at the school have traditionally maintained a policy of grade non-disclosure whereby they do not release grades. Some annual academic distinctions do exist. Students graduating in the top ten percent of the class are designated "Arjay Miller Scholars". The top student receives the Henry Ford II award.

New Curriculum

Schwab Residential Center, on campus residence for first year Sloan, PhD, and MBA candidates.

In June 2006, the School announced a dramatic change to its curriculum model. The new model, dubbed "The Personalized MBA Education", has four focus points. First, it aims to offer each student a highly customized experience by offering broader menus of course topics and providing personal course-planning mentoring from Stanford Business School faculty advisors. Second, the new program attempts to deepen the school’s intellectual experience through several smaller, high-impact seminars focused on critical analytical thinking. Third, the new program will increase global business education through both new course options and requiring international experience from all students. Finally, the new program expands the schools focus on leadership and communication through new courses that examine students’ personal strengths in the topic. Overall, the school sees the flexible program as an important point of differentiation that leverages the school’s smaller relative size versus most other top MBA programs. Image File history File links Schwab_gsb. ... Image File history File links Schwab_gsb. ...

Organizational relationships

Quad interior.

Stanford GSB has a number of relationships with other leading business schools. It offers a number of Executive Education programs jointly with Harvard Business School. It also offers one of the three Sloan Fellows programs, coordinating with the others at the MIT Sloan School of Management and the London Business School. Recently, the school entered into an exchange program with Tsinghua University. Image File history File links Quad2. ... Image File history File links Quad2. ... Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. ... The MIT Sloan School of Management is one of the five schools of the Massachusetts Institute of Technology, located in Cambridge, Massachusetts, USA. It is one of the worlds leading business schools, conducting research and teaching in finance, entrepreneurship, marketing, strategic management, economics, organizational behavior, operations management, supply chain... London Business School, in London (UK), established in 1965, is an international business school and a constituent college of the University of London, providing postgraduate degrees in finance and management, including MBA (Master of Business Administration) courses, as well as non-degree courses for business executives. ... Tsinghua University, (Simplified Chinese: ; Traditional Chinese: ; pinyin: ) is a university in Beijing, China. ...

Prominent alumni and faculty

• Stephen Adams, Chairman and Founder, The Adams Companies, AGI, Affinity Bank
• Mukesh Ambani, Chairman/Managing Director, Reliance Industries Limited
• Herbert Allison, Chairman, President & CEO, TIAA-CREF
• Susan Athey, Professor, Harvard University
• Steve Ballmer (dropped out), CEO, Microsoft Corporation
• Sid Bass, Investor and billionaire
• Riley Bechtel, Chairman & CEO, Bechtel Group
• Ben Bernanke, Current Chairman, Federal Reserve & Former Faculty Member
• Jeffrey Bewkes, President & COO, Time Warner
• Rahul Bhandari, Managing Director, Paras Ventures
• John Browne, Chairman & CEO, BP (formerly "British Petroleum"), Member of the House of Lords, knighted by the Queen
• Brook Byers, Venture Capitalist, Kleiner, Perkins, Caufield & Byers
• Yvon Chouinard, Founder and Owner, Patagonia (clothing)
• James C. Collins, Best-selling author in leadership and management
• Chip Conley, Founder & CEO, Joie de Vivre
• Joseph "Joe" Coulombe, Founder, Trader Joe's
• James Coulter, Founding Partner, Texas Pacific Group
• Sir Howard Davies, Director of the London School of Economics, former Governor of the Bank of England, knighted by the Queen
• Roger Deromedi, Former CEO, Kraft Foods
• Marko Dimitrijević, Founder and Chief Investment Officer, Everest Capital
• John Donohoe, President eBay Brand
• Tim Draper, Founder, Managing Director, Draper Fisher Jurvetson, Venture Capital
• Steve Ellis, Worldwide Managing Director, Bain & Company
• Alain Enthoven, Leading American Health Economist
• Richard Fairbank, co-Founder, Chairman, & CEO, Capital One
• Robert Fisher, Chairman, Gap, Inc.
• Dr. Jean Pierre Garnier, CEO, GlaxoSmithKline
• Dana Gioia, Chairman, National Endowment for the Arts
• Seth Godin, Popular Business Author and Theorist
• Robert E. Grady, Chairman, National Venture Capital Association
• Bengt Holmstrom, Professor, M.I.T.
• Jeff Jordan, President, PayPal
• Vinod Khosla, Co-Founder, Sun Microsystems, and Venture Capitalist, Kleiner, Perkins, Caufield & Byers
• Phil Knight, President, CEO and Founder, Nike, Inc.
• Jim Kolbe, U.S. Congressman (R-AZ)
• Omid Kordestani, SVP of Global Sales and Business Development, Google, Inc.
• Richard Kovacevich, Chairman and CEO, Wells Fargo
• Edward Lazear, U.S. Chairman of the Council of Economic Advisors, Faculty Member on Leave
• Howard Leach, U.S. Ambassador to France
• Steve Luczo, CEO of Seagate Technology
• Edmund Wattis Littlefield, CEO of Utah Construction Company
• John McCoy, Chairman and CEO, Banc One
• Henry A. McKinnell, Chairman and CEO, Pfizer Inc.
• Scott McNealy, Co-founder, Chairman, & former CEO, Sun Microsystems
• Alex Michel, American businessman, producer, and television personality, best known for the role in The Bachelor.
• Paul Milgrom, Professor, Stanford University
• John P. Morgridge, Chairman, Cisco Systems, Chairman, The Nature Conservancy
• George Needham, Founder, Chairman & CEO, Needham & Company
• Jacqueline Novogratz, Founder and CEO, Acumen Fund
• Tom Peters, Best-selling author and management guru
• Donald Peterson, Former Chairman & CEO, Ford Motor Company
• Roy L. Raymond, Serial Entrepreneur, Founder, Victoria's Secret, Xandria, others
• Richard Rainwater, Investor and billionaire
• Dionisio Romero Seminario, Peruvian businessman, Chairman & CEO Credicorp
• Dionisio Romero Paoletti, Peruvian businessman, Chairman of all the enterprise of the Romero family
• Charles R. Schwab, Chairman & CEO, Charles Schwab Corporation
• Robert Scott, Retired President & COO, Morgan Stanley
• Frank Shrontz, Former Chairman and CEO, Boeing
• Jeffrey Skoll, Former President, eBay, and CEO, Participant Productions
• Kim Smith, Founder, New Schools Venture Fund
• Steven L. Smith, Astronaut
• Tom Steyer, investor, Founder, Farallon Capital Management
• Carl W. Stern, Chairman, Boston Consulting Group
• Steve Westly, Former CEO, eBay, California State Controller
• Miles D. White, Chairman & CEO, Abbott Laboratories
• Lorenzo Zambrano, Chairman & CEO, Cemex

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Harvard University (incorporated as The President and Fellows of Harvard College) is a private university in Cambridge, Massachusetts, USA and a member of the Ivy League. ... Steven Anthony Ballmer (born March 24, 1956 in Detroit, Michigan) is an American businessman and has been the chief executive officer of Microsoft Corporation since January 2000. ... Microsoft Corporation (NASDAQ: MSFT), (founded 1975), headquartered in Redmond, Washington, USA, is the worlds largest software company (with over 50,000 employees in various countries, as of May 2004). ... Sid Bass (1943-). His father, Perry Bass, built on oil fortune inherited from uncle Sid Richardson (d. ... Riley P. Bechtel is the chairman and CEO of the Bechtel Corporation. ... Ben Shalom Bernanke (born December 13, 1953) (pronounced ber-NAN-kee, bər-nan-kē or ), is an American macroeconomist who is the current Chairman of the Board of Governors of the United States Federal Reserve (the Fed). 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Cemex SA de CV (NYSE: CX) is the worlds third largest manufacturer of cement[1] and the worlds leading supplier of ready-mix concrete. ...

See also

• List of business schools in the United States
• Business school
• MBA
• Silicon Valley
• Leadership
• Entrepreneurship
• Globalization
• Social responsibility

The following is a partial list of business schools in the United States. ... A business school is a university-level institution that confers degrees in Business Administration. ... Master of Business Administration (MBA) is a tertiary degree in business management. ... A view of downtown San Jose, the self-proclaimed Capital of Silicon Valley. ... The word leadership can refer to: the process of leading. ... Entrepreneurship is the practice of starting new organizations, particularly new businesses generally in response to identified opportunities. ... A KFC franchise in Kuwait. ... Social responsibility is a doctrine that claims that an entity whether it is state, government, corporation, organization or individual has a responsibility to society. ...

References

1. ^  Leonhardt, David (2000) "California Dreamin'". The New York Times, June 18, 2000 p. BU1. (HBS/Stanford rivalry analyzed)
2. ^  Nike Founder Phil Knight to Give $105 Million to Stanford Business School: http://www.gsb.stanford.edu/news/headlines/knight_gift.shtml

External links

• Official Web Site
• GSB Global Management Program
• GSB Public Management Program
• GSB Center for Social Innovation and its podcast Social Innovation Conversations
• GSB PhD Student Association