The George Washington University

School of Business: GWSB News

November 21, 2008

The George Washington University School of Business Ranks Among the Best B-Schools in New 2008 BusinessWeek Report

The George Washington University School of Business’ MBA program has been ranked by BusinessWeek in its recently released “Best U.S. B-Schools for 2008.” It joins a prestigious list of 45 schools primarily rated by corporate recruiters and the graduating class of 2008.

GWSB’s MBA program placed 40th for return on investment. As noted in BusinessWeek, “In a tough economic environment, a business school education is a big investment, and the payback for that investment becomes more important than ever.” As reported, GW School of Business MBA graduates require only 6.1 years to recoup business school costs. On average, 2008 GWSB MBA graduates earned a starting salary of $80,000.

“The GW School of Business’ top ranking in BusinessWeek’s report of MBA programs demonstrates the commitment to quality we have made with our graduate program,” said Susan M. Phillips, dean of GW’s School of Business and professor of finance. “We continuously strive to improve the masters of business experience, providing our students with increased opportunities for academic and career excellence. The BusinessWeek ranking recognizes that we are meeting those goals.”

GWSB is a recognized education leader, the result of a strategy to improve its high academic standards while providing practical experiences that leverage the unique advantages of its Washington location. This fall, The School launched the first-ever curriculum in the country fully imbued with theories and practical applications on ethical leadership, corporate responsibility, and globalization.

“GWSB continues to receive international recognition as we work to inspire our students to act responsibly, lead passionately, and think globally,” said Murat Tarimcilar, associate dean of graduate programs. “GWSB’s new Global MBA program will cultivate business leaders empowered with the knowledge and practical skills to navigate the complex global marketplace, from developed to emerging economies, while grounded with solid values, ethical responsibility, and personal integrity.”

BusinessWeek identified M.B.A. programs that met stringent quality criteria and showed “responsiveness to the community’s needs, academic rigor, relationships with top recruiters, and dedication to excellence.” Three main sources of data were analyzed: a student survey, a survey of corporate recruiters, and an intellectual capital rating. BusinessWeek also scoured 20 top academic journals for articles published by each school’s faculty, reviewing all editions published in the previous five years and examined The New York Times, the Wall Street Journal, and BusinessWeek for reviews of books written by the schools’ professors

GWSB Conference Outline Steps to Harness Powerful Role Ethical Commerce Plays in Fostering Peace

Left to right: GWSB Professor of Strategic Management Tim Fort and conference panelists.

Leaders from major corporations, academia, and nongovernmental organizations gathered on Nov. 13 for a three-day “Peace Through Commerce” conference at the GW School of Business. The goal of the event was to advance the theory and practice that economic prosperity, opportunity, and freedom lead to widespread and sustainable peace.

A panel of experts made a detailed presentation on the powerful role ethical commerce plays in fostering peace. Taking part in the panel discussion were: Tim Fort, GWSB professor of strategic management and public policy and executive director of GW’s Institute for Corporate Responsibility; Michael Strong, chief visionary officer, FLOW; Carolyn Woo, dean, Notre Dame University School of Business; and Louis D’Amore, president, International Institute for Peace Through Tourism.

“The United States needs a fresh, scandal-free approach to business, and it simultaneously needs a less confrontational international profile,” said Fort, who has authored three books on the subject. “The time has come to recognize, foster, and implement the ethical business practices that have been empirically linked to sustainable peace.”

The panel called on business and government to:

  • Provide economic development to alleviate poverty;
  • Follow rule-of-law protocols, including avoiding corruption, promoting reforms that protect property rights and contract rights, and supporting dispute-resolution institutions; and
  • Foster a sense of community in business by being good corporate citizens, respecting employees and giving them a voice, promoting gender equity, and enabling employees to take responsibility for their actions.

The conference was sponsored by GW’s Institute for Corporate Responsibility, International Institute for Tourism Studies, and the Center for International Business Education and Research (CIBER); FLOW, an organization dedicated to creating sustainable peace through entrepreneurial spirit; Global Peace Index; International Institute of Peace Through Tourism; the U.S. Institute of Peace; Business Roundtable Institute for Corporate Ethics; American Association of Colleges and Schools of Business (AACSB); and APCO Worldwide.

The School of Business hosted the inaugural ‘Links for Life” GWSB Student/Alumni luncheon on November 19. “Links for Life” is a new program designed to create “links” between members of the GWSB student and alumni communities by providing a forum for them to connect. Participating alumni “table leaders” had a wide variety of experiences and degrees from various School of Business programs, including BBA, MBA, MTA, MS in Project Management, and MS in Information Systems. This allowed students to connect with alumni from their specific program or field of interest.

During the luncheon, alumni described their jobs, firms, career paths, and offered motivational and career advice to students, with a special emphasis on making the most of employment opportunities during this slow job market. “If you are deciding whether to spend your spare time studying to get an A+ instead of an A or to go to a networking event, choose the networking event. The connections you make with people could be invaluable,” said Anna Tant, MBA,’08.

Alumni table leaders were: Steve Potter, BBA,’05; Scott Harmon, MBA,’03; John Kelle, MSIST, ’98; Sarita Beorgenicht, BBA,’06; Habib Nasibdar, MSPM,’97; Jennifer Kirkhoff, MBA,’00; Lisa Kidder, MTA,’03; Anna Tant, MBA,’08; Eric Kerensky, BA,’97, JD; Ron Costin, BA,’00, MSIST,’01; Alex Kuester, BBA,’97; and Paul Becker, BBA,’80.

If you are interested in leading a table of students at the second “Links for Life” lunch series, contact Leah Kuppersmith, GWSB associate director of school alumni programs, at 202-994-0168 or by email at

U.S Army War College and CLAI Partner to Focus on Latin American Security Concerns

The U.S Army War College’s Strategic Studies Institute (SSI) has awarded the GWSB’s Center for Latin American Issues (CLAI) a $24,000-contract to develop and conduct a series of three colloquia addressing key Latin American issues and their possible impact on U.S. national security. The new colloquium series will explore the growing presence of China, Russia, and Iran in Latin America (December 5); the politically volatile situation in the Andean region (December 11); and the growing threat posed by transnational criminal organizations operating in this hemisphere (January 29).

The conferences will be held at the School of Business, and co-hosted by CLAI and SSI. They are free and open to the public. To register, please visit CLAI’s Website at

Tourism Student Wins Scholarship

Berkeley Burgess, a student in the GWSB Accelerated Masters of Tourism program, was awarded the “Chairman’s Scholarship” by the Professional Convention Management Association (PCMA) Education Foundation.

The “Chairman’s Scholarship” recognizes exceptional student-members of PCMA and provides them with an opportunity to meet with the PCMA Chairman of the Board. Burgess’ award includes complimentary airfare, hotel accommodations for four nights, and registration to the 53rd PCMA Annual Meeting, Jan. 11 – 14, 2009, in New Orleans, La.

Getting to Know: Miguel Lejeune

Title: Assistant Professor of decision sciences

Job Duties: Research, publish, teach, and supervise students

Years at GW: Two months

Best part of working for the GWSB: Interacting with supportive colleagues, good students, and the international community in D.C.

Favorite place on campus: Undecided; still getting to know the campus

What co-workers don’t know about me: My first teaching experience consisted in giving tennis lessons. I used to play soccer competitively and am still playing tennis competitively.

Family: I was born and raised in Belgium - the country that produces the best beer and chocolate (although the Swiss would argue with me about the latter).

Favorite things to do on the weekends: Discover new restaurants, explore the D.C. area, practice sports, and read

Favorite Vacation Spot: No specific place, but I like to travel.

Favorite Book: From what I’ve read over the last few months, my favorite novel is “The Overlook” by Michael Connelly. In a different genre, I have also enjoyed “Winning Ugly” by Brad Gilbert.


Jennifer J. Griffin, associate professor of strategic management and public policy, presented “Strategic Corporate Social Responsibility in a Global Economy,” at the Georgetown University forum, Corporate Social Responsibility: Law, Operations and Strategy. The conference was co-sponsored by the Georgetown University Center for Law and Georgetown’s McDonough School of Business.

Grant Awards

Sanjay Jain, assistant professor of decision sciences, was awarded a grant for $256,937 from the National Institute of Standards and Technology. Dr. Jain will research modeling and simulation techniques for homeland security applications. His work will focus on identifying ways to improve the management of man-made and natural disasters through modeling and simulation.


Miguel Lejeune, assistant professor of decision sciences, published, “Integer programming solution approach for inventory-production-distribution problems with direct shipments,” in International Transactions in Operational Research 15 (3), 259 - 281.

George Solomon, professor of management, served as a co-editor of the 2007 “Research at the Marketing Entrepreneurship Proceedings,” in Paris, France. Solomon also published “Entrepreneurship Education in the United States,” in Entrepreneurship and Higher Education, Organization for Economic Co-Operation and Development.

Getting Ink

Susan M. Phillips, dean and professor of finance, was interviewed by was interviewed by Hong Kong Television. (11/13)


Lisa Delpy Neirotti, professor of tourism and sport management, was quoted in the Athletic Turf article, “ ‘Green’ score card for sports facilities being developed.” Neirotti commented, “As most teams and sports organizations are just now forming committees to tackle this issue, the GW Institute for Corporate Responsibility will lead the way in providing advice and assistance in finding the best practices.” Mark Starik, professor of strategic management and public policy, was also quoted. “Various environmental measurement tools have been developed for fields such as higher education, businesses, and individual households,” said Starik. (11/19)

Scheherazade Rehman, professor of international business and international affairs, was participated in a discussion on The Newshour with Jim Lehrer about the G-20 Summit. “I think that we must remember that we are still in crisis management. And what this means is that we are trying to change the tires on a car while it’s still rolling. This started in the United States, rolled into Europe, Asia, Middle East, and now developing countries,” commented Rehman. (11/14)


Elias Carayannis, professor of information systems and technology management, was recognized by the International Association of Management of Technology (IAMOT) as one of the “Top 50 Authors in Technology and Innovation Management” over the past five years. IAMOT is the leading professional organization for academics in technology management.

Derrick Heggans, adjunct professor of tourism and hospitality management, was recognized as one of the “20 Most Influential: Digital Sports Media” by Sports Business Journal.

Young Hoon Kwak, associate professor of decision sciences, and Frank T. Anbari, assistant professor of decision sciences, received the 2008 International Project Management Association (IPMA) Outstanding Research Contribution award for their research on the “Impact on Project Management of Allied Disciplines,” at the 22nd IPMA World Congress, held in Rome, Italy on Nov. 11.

Class Notes

Brian Forst, PhD,’93, wrote “Terrorism, Crime and Public Policy.”



Edward Logan, MSPM, ‘03, won the “2008 International Young Project Manager of the Year” award from the International Project Management Association (IPMA).

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