The George Washington University

School of Business: GWSB News

August 29, 2008

GWSB Ranks 39th Among Top Undergraduate Business Programs In U.S. News & World Report’s 2009 Best Colleges Survey

The George Washington University School of Business undergraduate program ranks No. 39 in the 2009 edition of U.S. News & World Report’s annual “America’s Best Colleges.” The School is on a steady upward slope rising from 41 in 2008, 42 in 2007 and 47 in 2006. GWSB’s International Business Specialty is also ascending steadily from 20 in 2007, to 18 in 2008 and No. 16 in 2009.

This is the ninth consecutive year GWSB’s undergraduate business program has ranked among the top 50 out of more than 480 accredited undergraduate business programs. The ranking is based on assessments by deans and senior faculty at U.S. business schools accredited by the Association to Advance Collegiate Schools of Business International, the premier accrediting agency for business programs. GWSB ranked 39th together with Boston University, Southern Methodist University, and Syracuse University.

“Our consistent presence in the top 50 is testament to our academic vision and our efforts to strengthen the undergraduate program and the whole GW School of Business,” said Susan M. Phillips, dean of GW’s School of Business. “We focus on teaching excellence, scholarly research, and innovative curricula in order to deliver an outstanding education to our students.”

The GW School of Business undergraduate population has grown in number and quality in recent years. This is the result, in part, of the University’s overall strategy to expand its undergraduate program while improving its high academic standards.

“Over the last five years, the quality of our incoming students, and all our undergraduates, has improved steadily, and our career center has broadened its recruiter base building a track record of rising placements for our graduates,” said Lawrence Singleton, associate dean of undergraduate programs. “We take those outstanding students and present them with challenging opportunities; 40 percent of our students study abroad. The depth and breadth of our international programs are cited as among the best in the world because our students are encouraged to take advantage of global opportunities – from studying sport management at the Beijing Olympics with Professor Lisa Delpy Neirotti – to attending study-abroad programs with university partners from Paris to Bombay.”

The GW School of Business is housed in a $56-million, state-of-the art facility complete with high-tech classrooms, a capital–markets trading lab and a fully outfitted market-research lab with two-way mirror. Our faculty cultivates and supports undergraduate research partnerships with Fortune 500 corporations, government agencies and non-profits; and the School’s F. David Fowler Career Center teaches our students life-long career management strategies. These practices advance the school’s outstanding academic standard while building knowledge and providing practical experiences that leverage the unique advantage of GW’s location in the nation’s capital.

“Hot Mommas”: Research Shows Personal/Professional Balance Key to Perception of Success

Seventy percent of women who define themselves as highly balanced believe they are more successful than their colleagues, according to newly released research from the Hot Mommas project, a GW School of Business-supported research initiative which chronicles the best practices of women who have achieved success in multiple facets of their life.

The research, which was conducted between 2005 and 2007, is based on an in-depth survey of 269 working women in the U.S. One of the questions survey respondents were asked was how successful they felt relative to other colleagues. “We found that the most balanced segment of the survey population was a group of women termed ‘Master Balancers.’ They actually believed they were much more successful than their colleagues, versus the rest of the survey population,” said Kathy Korman Frey, adjunct professor and associate director of GWSB’s Center for Entrepreneurial Excellence.

According to Frey, “Master Balancers” were defined as women who rated very high on professional drive, personal/family expectations, and their ability to balance both. Forty percent of the general survey population — which was comprised of working women —believed they were more successful than their colleagues while 70 percent of “Master Balancers” believed they were more successful than their colleagues.

“There is a great deal of discussion among women, educators, and thought leaders about success and how we define it,” Frey added. “These Master Balancers are creating a new definition of success. Our survey, and ongoing research, will shed new light on how they’re doing it.”

Research for the Hot Mommas Project is supported in part by an endowment provided by Businesswoman Linda Rabbitt, MA’72, and included in the mission of the GWSB Center for Entrepreneurial Excellence. The Hot Mommas Project will release the remainder of the research via installments on its blog: or you can visit for more links and information.

The Hot Mommas Project’s mission is to increase self-efficacy in women and girls by providing scalable, global, free access to role models online. Women who are interested in serving as a role model can participate in the Hot Mommas Project case-study competition which will be launched on October 13. Case-study competition winners will have the opportunity to have their stories published in a leading Prentice Hall textbook.

TiVo for the Classroom?

Associate Dean for Graduate Programs and Associate Professor of Decision Sciences Murat Tarimicilar’s Quantitative Method & Computing Technologies lecture.

Wouldn’t it be nice to hit the rewind button during or after a professor’s lecture? Pause while you run to the fridge? That will soon be a reality for students enrolled in the School of Business Master of Science in Project Management (MSPM) program.

Starting this fall MSPM students will be able to “TiVo” their class lectures with a new system called Lecture Capture. “Today’s business graduate student wants to have it all: a family, successful career, and the first-rate education that the George Washington School of Business provides regardless of where they may study,” said Phyllis Tutora, director of the GWSB Project Management program. “Lecture Capture allows us to reach all of our distance students on their schedules, in their time zones.”

Prior to using Lecture Capture, MSPM program professors would tape hours of lectures during one sitting for distribution to distance students. The new system has allowed the School to update its course delivery method to better serve the distance population. A video camera installed in the classroom records the professor’s lectures and the students are then able to view them later via their iPods or online.

“Now our online and remote students have an educational experience equivalent to their on-campus counterparts,” commented Tutora.

The GW School of Business MSPM program has 350 students, with about half on campus and half in distance mode.

To view a sample lecture by Associate Dean for Graduate Programs and Associate Professor of Decision Sciences Murat Tarimicilar, visit the online streaming videos.

2008-2009 Minerva Cohorts Arrive at GWSB

This year’s Minerva cohorts chat with James Ferrer, Jr. (Director of GWSB’s Center for Latin American Issues). The group of Brazilian mid-career public-service officials will participate in a semester-long course at the GW School of Business.

MBA Cocktail Reception

School of Business MBA students put their networking skills to the test during a cocktail reception sponsored by Johnson & Johnson on August 27.

Getting to Know: Kathy Korman Frey

Title: GWSB adjunct professor of management and associate director for GWSB Center for Entrepreneurial Excellence (CFEE)

Job Duties: Teach Women’s Entrepreneurial Leadership, run the “Hot Mommas Project,” and play well with others.

Years at GW: 6

Best part of working for the GWSB: The students have major hustle.

Favorite place on campus: Starbucks

What co-workers don’t know about me: I broke off my two front teeth at age 15 in a sports accident.

Favorite things to do on the weekends: Hang out with husband and two (moderately well-behaved) kids.

Favorite Book: Current Favorite: “The Four Hour Work Week” by Tim Ferriss – turns 9 to 5 on its head.


D. Christopher Kayes, associate professor of management, presented, “Learning style and cross-cultural leadership,” “Lessons learned from Takur Ghar Afghanistan,” and “Goal setting as a source of organizational vulnerability: Lessons from the search for Weapons of Mass Destruction,” at the Academy of Management conference in Anaheim, Calif.

George Solomon, associate professor of management, addressed nearly 500 high school students attending the 50th anniversary of the Hugh O’Brien World Youth Leadership Conference at the GW Smith Center. His address was titled, “What is Your Idea a Good Business?” Solomon and staff from the GWSB Center for Entrepreneurial Excellence, David Tomczyk, Ivan El Tarabishy, and Michael Battaglia, developed a mini-elevator-pitch competition for the students. Nearly 50 students made presentations and were judged by the facilitators. Semi-finalists competed the next day for major cash prizes.

Stuart Umpleby, professor of management, arranged a symposium on “Cybernetics, Complex Systems, and Understanding: The Work of the Biological Computer Laboratory (BCL) 1958-1975.” The symposium was held at the University of Illinois on the 50th anniversary of the founding of BCL. The symposium was part of a joint meeting of the American Society for Cybernetics and the annual meeting on Understanding Complex Systems. Umpleby made a presentation during the symposium on “The Evolution of Cybernetics and Connections to Complex Systems.”


George Solomon, associate professor of management, again served as proceedings editor for the Academy of Management’s Best Paper Proceedings. The publication was distributed to more than 9,500 attendees at the annual conference in Anaheim, Calif. in August. The proceedings contained over 3,550 paper abstracts and 330 best papers.

Associate Professor of Management D. Christopher Kayes’ book “Destructive Goal Pursuit” was translated into Portuguese with the title “O Desafio Da Lideranca: Aprendendo com o Desastre no Monte Everest.”

Getting Ink

Susan M. Phillips, dean of the GW School of Business, was quoted in the Wall Street Journal Market Watch article, “A mountain of worry for Fed at Jackson Hole.” The story was a preview of the Kansas City Federal Reserve Bank’s economic policy symposium, “Maintaining Stability in a Changing Financial System.” The conference was held in Jackson Hole Wyoming, Aug. 21-23. (8/21)


Jorge Rivera, assistant professor of strategic management and public policy, was recently appointed associate editor of the Policy Sciences Journal.

Mary Granger, professor of management science, was elected vice president for education for the Association for Information Systems (AIS) in April. The AIS is the leading global organization for academics specializing in information systems.

Class Notes

John J. Szczur, MBA ’83, was appointed by President Bush to serve on the Advisory Committee of the Pension Benefit Guaranty Corporation.

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