Global Leadership Blossoms in Harbor East at Hopkins' Carey Business School
Julekha Dash |
Tuesday, October 05, 2010
On the 12th floor of the Legg Mason building, William Kooser's office
commands a view of the Domino Sugar factory and the boats lined up along
the Inner Harbor.
The waterfront vista is a nice perk for the Midwestern transplant, who
moved 10 months ago from Chicago to become associate dean for Students
at the
Johns Hopkins Carey Business School.
But his glass-encased skyscraper perch wasn't the only thing that
enticed him to leave the University of Chicago Booth School of Business,
where he worked for the past 22 years. It was the chance to help put
Hopkins' new full-time MBA program in the same venerable company as
Chicago, Harvard, and Wharton. That's what drew the entrepreneurial
Kooser, who helped start Chicago's international MBA program.
"People thinking about the business school industry will talk about
Chicago, Stanford, and the Harvards of the world," Kooser says.
But, he adds, in five to 10 years, Carey will be on their radar.
"We want to be talked about in the same breath as some of the schools at the very top."
The 134-year-old school known for its medical, public health, and
education programs has lacked the same cachet when it comes to business
education. But armed with faculty hailing from the top schools, an
aggressive marketing campaign, and a focus on international learning,
Kooser says he thinks the school can reach its goal.
Its first class of 88 full-time MBA students started this fall at the
Harbor East building, where the school takes up four floors. It moved
there in July from its downtown campus where it was offering part-time
classes.
Though it's got nearly 2,000 part-time business students, the full-time,
$46,000-a-year Global MBA degree is now the Johns Hopkins Carey
school's crown jewel.
"The full-time MBA program is the centerpiece that I hope will grow,"
Kooser says. The school hopes to eventually have as many as 150
students. It also expects to add several more faculty members each year
during the next few years. It now has 33.
To spread the word, the school has hired Chicago's
Lipman Hearne to
launch a regional and national ad campaign in the fall. It's also using
PR, through television, radio appearances, and op-ed pieces penned by
the school's Dean Yash Gupta.
The school's focus is on public health, environment, and energy. With
the tagline "Where business is taught with humanity in mind," the
expectation is that the school will produce leaders whose mission is as
much about social responsibility as it is about making a profit.
With its international reputation and spending on research, becoming one
of the top business schools is an easier goal for Johns Hopkins than it
would be for an unknown entity, says John Fernandes, CEO of the
Association to Advance Collegiate Schools of Business.
"When you're new, it takes time to build your reputation," Fernandes
says. "When you're associated with one of the top research institutions,
the name recognition makes it a little bit quicker." It also sets some
pretty high expectations.
"Everyone's going to expect to you be very good and very fast."
With so many good business schools out there, what will make Johns Hopkins stand out?
For one, more than half the school's student body hails from outside the
US. Students come from 13 countries, including China, Turkey,
Indonesia, and Ghana. Leaders at the school advertise internationally
and take part in MBA events around the world.
Carey students will also spend three weeks in either India, Peru,
Rwanda, or Kenya, where they will work with a local entrepreneur to
solve a business problem.
Having different perspectives from around the world, especially when the
class size is so small, can really have a lasting impact on students,
Fernandes says.
The international focus is partly what attracted Allentown, PA native
Kathir Ramaswami to Baltimore. Like Kooser, he relished the idea of
being part of something new. Students will get to shape the program for
future generations.
"It's exciting to be part of history," Ramaswami says.
Students will also get to flex their entrepreneurial muscle by helping
Johns Hopkins researchers and scientists take their creative products to
market. They'll analyze, for example, whether there is a market for a
new drug and develop a business and marketing plan around it.
"There's a ton of innovation that's collecting dust," Ramaswami says.
Johns Hopkins has long been criticized for not commercializing enough of
its research. But, its research tradition works in its favor. To build a
reputation, the school's faculty will have to produce ground-breaking
research that catches the eye of other institutions, Fernandes says.
It won't happen overnight.
"It takes time to become part of the academic pedigree."
If the fast start is any indication, the Carey Business School is well on its way.
Julekha Dash is Development News Editor at BmoreMedia and a former health care and higher education reporter for the Baltimore Business Journal. Got a comment? Want to suggest a story? Find us on Twitter, Facebook, or send us an email!
Sign up to receive Bmore every week.Photos by Arianne Teeple
1. Students work in the commons area of the Johns Hopkins Carey Business School in the Harbor East neighborhood of Baltimore
2. William Kooser, Associate Dean for Students
3. A Thought and Discourse Seminar at the Johns Hopkins Carey Business School
4. Students take notes during the Thought and Discourse Seminar
5. Lindsay Thompson speaks during the Thought and Discourse Seminar
6. One of a variety of quotes displayed around the school
7. Kathir Ramaswami, a Global MBA student at the Johns Hopkins Carey Business School
8. The Johns Hopkins Carey Business School building