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The Economist Correspondent’s Diary at Haas

What's a week at Haas like? The Economist's Correspondent's Diary offers an inside look at how the students are dealing with a mean economy and even meaner press.

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Asides

• NYU Stern's Robert Salomon chimes in on the improving the MBA meme: We do a poor job when it comes to questioning the validity of the assumptions underlying the pricing models that we teach, describing the boundary conditions of such models, and integrating across disciplinary boundaries to create a greater understanding (and appreciation) for how individual parts interrelate to affect the whole. Stanford's Garth Saloner had similar ideas in The Economist recently. #
• The Clear Admit Best MBA Blogs are worth checking out for prospective applicants. #
• The Columbia Business School Small Business Consulting Program Fall application is now open. #
• Chicago Booth are hosting an event at DIFC May 13 7pm with Professor Scott Meadow and Associate Dean Caroline Karr Cordially: Risk has always been a part of the adventure of entrepreneurialism. However, in an asset class that is constrained by limited resources, how does one best assess, create and edit a concept while exposing the least amount of cash? Luck inevitably plays a role, but as in all games of chance, there are specific skills that one may acquire to improve the odds of winning. Professor Scott Meadow’s presentation, "I Love Cash Flow": The Return to Discipline in Commercializing Innovation, will outline those analytical skills essential to developing a foundation for success in entrepreneurship. Register here. #
• EIU's Which MBA have a great diaries series following the fortunes of five MBA students from Northwestern University’s Kellogg School of Management. Makes for some sobering reading: "I have also learned that, unlike in the recent past, an MBA looking for opportunities to do something completely new, with no previous experience in an industry, may be chasing a mirage." - Jorge "Opportunities for international students have diminished dramatically in the US" - Sultan #