Tag: Executive MBA

The latest ranking of global Executive MBA programs by The Economist magazine places WashU Olin 18th in the world and places us third in the world for teacher quality.

Among 40 ranked EMBA programs with a 100% domestic presence, WashU Olin placed seventh. Among US programs, Olin also notched sixth for career development, second in faculty quality and third for the “percentage of alumni who have been promoted or grown their company since graduation.”

Olin last appeared in the magazine’s ranking in 2015. Since then, the program rose 20 spots, with the biggest increase coming in career development, where Olin rose from 41 to 17 globally.

In terms of faculty quality, the Economist ranking looks at five separate qualitative and quantitative dimensions. Students surveyed for the ranking rated Olin faculty 4.8 on a five-point scale for teaching quality, which placed Olin No. 1 for that dimension. And because 100% of Olin’s EMBA faculty holds a PhD, the school placed first in that dimension as well.

Olin placed fourth in the world on the “percentage of alumni who have been promoted or grown their company since graduation,” one of nine dimensions contributing to the “career development” ranking category.

In general, the ranking was a strong showing for WashU Olin’s EMBA program, which improved in eight of nine major ranking categories.

The EMBA program at the University of California-Berkeley’s Haas School of Business placed No. 1 in the Economist ranking.

Photo credit: David Brickner / Shutterstock.com

Over the past several weeks, I have heard powerfully and candidly from many in our alumni and student community about the need for a clear message—backed by action—concerning the shameful record of racial inequity in our community and beyond. I hear them and want to be clear about my response: I stand in solidarity with the Black members of our community and the community at large. Further, we state unequivocally that Black Lives Matter.

Serious issues of racial inequity—brought again to the fore by the killings of George Floyd, Breonna Taylor, Rayshard Brooks, Ahmaud Arbery and many others—are deeply painful and there is urgency in putting action behind our conviction.

At Olin, we say we are better than this. We are committed to being a community of diversity, equity and inclusion. We will foster an environment where our staff, faculty, students and alumni uphold these principles. Our conviction is real. Conviction alone, however, is not enough. We must put action behind those convictions.

I am appointing a task force—which I will chair and which will include representatives from within Olin and across WashU—to guide us toward identifying unjust systems and practices, and offer sustainable strategies to infuse solutions throughout Olin, from recruiting students and faculty, to curriculum improvements, to research.

At the same time, I have appointed a team to begin work immediately with the Olin Diversity and Inclusion Team to develop a robust plan, with goals and measurable performance indicators, focused on strategies to uproot systems of racism within our community. This team has my direct support.

I am committed to following through on this work, communicating regularly about our progress and consulting with all members of our community. I am grateful for the valuable insights and strong counsel I have already received. I am also grateful for the ongoing work by our faculty, staff and students toward a more diverse, equitable and inclusive Olin. I recognize there is far more work to do.

I will share further updates soon as our work begins to yield specific action steps.

Pictured above: May 30, 2020: Protestors raise their hands in solidarity outside of the Fifth Police Precinct in Minneapolis in response to the death of George Floyd. (David Brickner/Shutterstock)

This press release was initially posted on REJournals.

McCarthy Building Companies, Inc. has promoted Erin Valentine (EMBA ’08) to the position of Vice President of Business Development in the company’s 28-state Central Region.

In addition to joining the leadership team that guides McCarthy’s strategic business operations across the Central Region, Valentine will manage McCarthy’s St. Louis-based business development team that focuses on the company’s core buildings markets of Healthcare, Commercial, Education and Advanced Technology and Manufacturing.

Since joining McCarthy in 2001, Valentine has helped position the company to secure numerous new projects while building valuable relationships with clients and industry partners. Her business development successes are visible throughout the St. Louis region, including the recently awarded Washington University School of Medicine Neuroscience research facility and a multiyear facilities contract with Parkway School District.

She was also instrumental in McCarthy’s national expansion into the federal government sector, helping to secure more than $3 billion in federal projects over a five-year period.

Valentine is a founding member of the McCarthy Partnership for Women employee resource group in the Central Region and has served on several national efforts, including McCarthy’s Business Development Leadership team. In addition, she has overseen several national McCarthy initiatives to strengthen the company’s client relationships, including the implementation of an enhanced customer relationship management (CRM) system and the rollout of a client feedback process to solicit ongoing feedback from project partners.

A LEED Green Associate, Valentine earned a bachelor’s degree from Saint Louis University and an MBA from Washington University in St. Louis. She has been recognized as a “40 under 40” business leader by the St. Louis Business Journal, a “Top Young Professional” by Engineering News Record (ENR) – Midwest and a “Women in Construction” innovator by Constructech. She is a member of the St. Louis Forum and is a board member of the St. Louis chapters of the International Facility Management Association (IFMA) and Commercial Real Estate Women (CREW).

WashU Olin alumni have continued to benefit from their membership in the community many years after leaving campus. This is part of an occasional series of vignettes about the alumni experience. Today, we hear from Evan Waldman, EMBA ’09,CEO, Essex Industries

Two years after Evan Waldman graduated with his Executive MBA, his company, Essex Industries, engaged Olin’s Anjan Thakor, director of doctoral programs and John E. Simon Professor of Finance, to help establish a base for its strategic planning.

“There were three of us on the executive team who had been through the Executive MBA program. We were excited to work with the business school—particularly Anjan Thakor,” said Waldman, who had taken a strategy course with Thakor and was happy to reconnect.

“We wanted to update our strategic plan and we really didn’t have a process for it at the time,” he said. “Anjan was a good resource to help us establish a solid foundation and common vernacular. He also worked with us to level set on where we were and where we wanted to head.”

Waldman continues to draw on Olin and its resources —particularly the faculty expertise and their network of real-world companies and case studies.

“They also know the theoretical and academic approaches, which can be provocative to those who are tied up in the day-to-day realities,” Waldman said.

Stay in touch.

Center for Experiential Learning

Business Development

  • Dorothy Kittner, MBA ’94, associate dean and director of business development and corporate relations 314-935-6365 | kittner@wustl.edu

Alumni & Development

Weston Career Center

Executive Education

  • Kelly Bean, senior associate dean and professor of practice in leadership 202-797-6000 | beank@wustl.edu

Dr. Ashley Jacob, EMBA Mumbai 2017, installed a plastic sheet between patients and clinicians to protect health and save substantial amounts of money previously used to equip his staff with PPE.

Three days after Dr. Ashley Jacob complied with public health regulations and shuttered his eye clinic, he petitioned to reopen. The need for emergency ophthalmology assistance continued, even with the quarantine, as neighbors in the Indian state of Kerala occupied themselves by clearing brush, gardening and staring into screens.

Dr. Ashley Jacob

Then the WashU Olin EMBA alum confronted another problem. His patients only pay about 100 rupees—about $1.32—for their emergency eye exams. Yet he and his staff were spending 33 times as much to don the face shields, masks, gloves and gowns the new coronavirus-inspired safety protocols demanded.

That was in late March. At his emergency eye clinic, the only one in the southwestern edge of India at the time, he was seeing 50 patients a day and the cost was adding up.

“I was thinking, ‘What can I do about this?’” recalled Jacob, EMBA ’17. “I have to see the patient’s eyes and the solution has to be reasonably good optical quality.”

The solution turned out to be available at a local hardware store: A large clear plastic sheet that he could buy for about $33. Bolted and glued to the floor, ceiling and walls, the sheet divides his examination rooms in half. A patient sits on one side of the divide while Jacob’s technicians aim their examination equipment through the barrier into the patient’s eyes.

“This is frugal engineering,” said Jacob, who used the Indian word juggad—a cheap workaround—to describe his innovation. In other words, he “MacGyvered” it.

“We have tested it. Nothing passes through,” Jacob said. “We fumigate the whole thing after a patient visits. That is an operation room protocol. What is done on the operating table is being done in this room.”

He said the patients seem to be delighted with the solution as well because they don’t want to do anything to endanger the health of their healthcare providers. Jacob has shared what he’s done with doctors at other eye clinics around the country now that more of them are allowed to open.

“Many have started implementing this,” he said. “Many had not opened their clinics because of the expense.”

Pictured above: One of Dr. Jacob’s assistants examines a patient’s eyes through the plastic barrier he had installed.