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New Faculty Members
Several new faculty members joined CBS this summer:
Lalin Anik joins the Marketing Division as Senior Lecturer. An expert in the science of behavior change, she has designed novel social interventions to help people and communities make decisions that lead to healthier, happier, and more productie lives. Anik was named 2019 MBA Professor of the Year and 2019 Best 40 Under 40 MBA Professors by Poets & Quants. A graduate of Harvard Business School, she previously taught at the University of Virginia Darden Business School.
Kristen Lane joins the Marketing Division as Lecturer. Interested in motivation, identity, and misinformation, Lane focuses her research on how people choose to read and share information and on the cognitive and behavioral consequences of online socializing spaces. She received her PhD from the University of Arizona Eller College of Management.
Jane Li has been appointed Assistant Professor in the Finance Division. A graduate of the University of Chicago with a PhD in financial economics, Li conducts research at the intersection of macroeconomics and finance. Her current research focuses on changes in the corporate bond market and the impact of benchmarking in portfolio managers’ contracts.
Conor A. Walsh has been named Assistant Professor of Business in the Economics Division. His main research interests are the macroeconomics of growth and firm dynamics, and how these relate to the economics of cities. He received his PhD from Yale University, where he was awarded the George Trimis Dissertation Prize.
Lori Yue, PhD ’10, joins the Management Division as Associate Professor with tenure. Her research focuses on the relationship between business and society, especially regarding how organizations respond to contentious social environments and regulation uncertainty. Yue previously served on the faculty of the University of Southern California Marshall School of Business. She holds a PhD in management from CBS.
Valerie Purdie Greenaway has joined Columbia Business School as a Management Division affiliate faculty member. She is an associate professor of psychology in Arts and Sciences whose research focuses on diversity, social psychology, stereotypes, and intergroup dynamics. Purdie Greenaway previously taught at Yale University as a member of the psychology faculty and received her PhD from Stanford University. As an undergraduate at Columbia University, she was named a Claude Steele student.
The School welcomed new leadership to assume critical roles as we prepare for our upcoming move to the Manhattanville campus.
Ann Bartel, the Merrill Lynch Professor of Workforce Transformation, has been appointed Vice Dean of Diversity, Equity, and Inclusion. An expert in the fields of labor economics and human resource management, she has served as a consultant for many companies on strategic human resource management issues and directed education programs for women executives. She has been a CBS faculty member since 1976.
Amy Jaick, former Vice President of Digital and Social strategy for ViacomCBS, has joined CBS as the School’s Chief Marketing and Communications Officer. Jaick will develop and lead an integrated and holistic strategy to support the School’s goals and vision, including the transformative move to Manhattanville. She holds an MBA from New York University Stern School of Business.
Mark Roberts joins CBS as Senior Associate Dean, Executive Education. Roberts comes to CBS from INSEAD, where he held various roles, including serving as Chief Transformation Officer and associate dean of executive education. Mark received his bachelor’s degree from University of London, Royal Holloway and Bedford New College.
Over the past several years CBS has embarked on a sustained effort of curriculum development that aims to give students the skills and knowledge to be able to contribute, manage and lead in the digital future of business. The elective courses that have been developed and launched in this effort in just the last few years currently represent about 12 percent of the total number of elective credits selected by MBA students. This wave of change in most industries and most career paths for our students and alumni continues, as is our curricular focus. This Fall the School will issue an RFP to the faculty to seek proposals for curriculum development related to digital transformation in business.
Climate Change and Business Curriculum
Climate change will itself usher a period of change, adaptation, disruption and opportunity to business and to society. CBS is expanding its curricular programming with the Climate Change and Business Program. Under the leadership of Professors Bruce Usher, co-director of the Tamer Center for Social Enterprise, and Geoffrey Heal, the Donald C. Waite III Professor of Social Enterprise, the program includes courses on portfolio management, finance, and energy markets in the era of climate change and innovation in clean technology. In this video, Dean Costis Maglaras moderates a discussion with Usher and Heal on how CBS and the Climate School are poised to make an impact.
And, closely related to both digital transformation and climate change, we are also moving our MBA and EMBA degree programs to a digital experience, one that removes printed casebooks and handouts, conserving approximately 30 tons of paper or about 6 million pages each year. In terms of CO2 emissions, this change signifies a recurring annual reduction from .25 metric tons of CO2 (paper use) down to about .1 metric tons of CO2 (digital).
Business and Society
From the development of the innovative courses in Bridging the American Divide to Business Strategies and Solving Social Problems, to Executive Ethics, to Modern Political Economy 2.0 the school has had a long standing commitment to curriculum that explores the interface between business and society. In this coming spring semester we will introduce a new course exploring specifically the role that businesses can take in thinking and addressing societal challenges, and we will launch a broader effort focusing in that area of study.
Over the past year, CBS developed a career education learning journey, migrating course content to CANVAS, relaunching COIN on the Vmock platform, and formalizing a new role of Director of Career Diversity Initiatives. Moving forward, the Career Management Center is designing a state-of-the-art career center in Manhattanville with a Career Resource Studio, further enhancing COIN with ongoing student input, and launching the CMC’s engagement with the Consortium for Graduate Study in Management to enhance DEI in global business schools.
From research on measuring profitability to remote work to brand positioning, faculty research continued to make waves over the summer. Most recently, the School issued an RFP to the faculty to fund projects related to climate change and, specifically, the challenge that businesses face in meeting pledges to reduce greenhouse gas emissions. Five proposals were selected, representing several divisions, a mix of senior and junior faculty, and a range of focus areas: quantifying the impact of declining renewable energy costs, understanding employee response to climate pledges, communication strategies to promote greener consumption, evaluating the credibility of emissions reductions pledges of US oil and gas companies, and using climate change prediction markets to shift climate beliefs.
One of the recommendations of the staff and faculty Manhattanville Planning Committee was to create a think tank in Kravis Hall with the goal of bringing together faculty from across the school and outside of CBS with business leaders and policy makers to delve into some of the emerging vexing problems in business. We will launch this effort with a two-year focus on Business and Society. The School will provide funding for curriculum, research and thought leadership. Topics will rotate in future years.
Resources to Facilitate Thought Leadership
The School continues to look for innovative ways to support research that furthers insight and knowledge, shapes policy, and influences business strategy. In addition to the MS Intensive-Applied Research course, a class that pairs faculty with talented MS students for a term, and the Data Analyst Program, a mechanism for faculty to get help with short-term data-analytic tasks, this fall we are launching the Columbia Undergraduate Business Scholars (CUBS) program, an initiative aimed at increasing the diversity of the PhD pipeline.
Inaugural Executive Director for DEI
This summer the School welcomed Ufuoma Abiola as the inaugural Executive Director for Diversity, Equity, and Inclusion. Abiola will work closely with the new Vice Dean for DEI, Ann Bartel, on advancing and leading initiatives focused on three strategic priorities: community diversity, curriculum and classroom inclusion, and culture and climate for students, faculty, and staff. Abiola previously held positions at The Wharton School, University of Pennsylvania and Parsons School of Design, The New School. She holds an EdD in higher education from the University of Pennsylvania, where she received the GSE Award for Excellence in Promoting Diversity and Inclusion. Her dissertation, which explores colorism and Black Ivy League undergraduates, won a 2019 NASPA - Student Affairs Administrators in Higher Education: Melvene D. Hardee Dissertation of the Year Award and won a 2018 Dissertation of the Year Award from the American Association of Blacks in Higher Education.
DEI in Action
In the spring, CBS launched the Phillips Pathway for Inclusive Leadership (PPIL), a first-of-its-kind, community-driven co-curricular program for all students. The School also joined the Consortium for Graduate Study in Management, an organization dedicated to increasing diversity in the business school student population, and targeted recruitment efforts to increase the representation of Black, Latinx, LGBTQ, women, and veterans in our student community.
As part of the School’s commitment to increase the diversity of the Business PhD pipeline, this fall we also welcome our first class of Columbia Undergraduate Business Scholars (CUBS). The mission of this program is to increase participation of students from underrepresented groups in business research. In the coming year, 10 student scholars will work as paid research assistants for our faculty. More information on this program will be available in the coming weeks as part of the School’s forthcoming DEI Report.
Increasing Access and Affordability
For the past two academic years, CBS froze tuition for our MBA program. Financial aid remains a top fundraising priority for the School, with a campaign underway to raise $150 million for financial aid by 2025. Gifts from CBS Board leadership, including Henry Kravis, Mark Dzialga, Andrew Gundlach, and David Greenspan, have been critical in this effort. Recently, the School received two gifts from Board members that target aid to underrepresented students: The Perelman Scholarship Fund, made possible by significant gifts from Ronald O. Perelman, offers tuition awards for students from underrepresented racial, ethnic, and socioeconomic groups.
You're cordially invited...Annual Dinner 2021
Join Columbia Business School community members from around the world for one of the most highly anticipated events of the year. Our interactive virtual celebration brings Board members, alumni, corporate sponsors, faculty, and students together for one night only on Monday, October 11, from 6 to 7:30 p.m. EST. This year’s honorees include visionary leaders James Gorman ’87 and Tim Campos ’11. Co-chairs Lulu Wang ’83 and Tracey Travis ’86 will share their experiences and host a fireside chat with Morgan Stanley CEO, James Gorman. The event is free for all attendees. Your invite is already in your inbox, so check your email and register today.
Lifelong Career Support
Alumni Edge, which offers a variety of new and immersive courses, helps alumni navigate a constantly changing business environment. The platform introduces the latest round of courses this fall with meet-ups and trips planned for the future. Learn more.
New Alumni Digital Community
CBS graduates can strengthen their network with MyCBS, an online platform and app designed for Columbia Business School alumni. The app includes a searchable directory of CBS alumni, links to job postings, invitations to events, forums, news and information, group pages for classes, clubs, shared interest groups, and centers and programs. More than 5500 alumni and current students have activated their accounts. Watch the video to learn more.
With 86 alumni clubs across 43 countries, opportunities to stay connected abound. For more on this year’s events, including several virtual book talks with Professor Jonathan Knee, visit our alumni events calendar. And don’t forget to mark your calendars for this year’s Reunion, April 8-9, 2022.
Courses on some of the most important topics in business today—including AI in business, cybersecurity, and corporate governance—are among the new programs planned for this year. New offerings also include long-form certificate programs designed for chief marketing officers and chief financial officers. These nine-month multi-modular learning journeys supplement a core curriculum with electives and mix live online, asynchronous, and in-person elements.
We have also re-designed and re-launched our flagship Advanced Management Program which is now also a blended program running over 22 weeks. Our first cohort of senior executives of this new-look program are starting this month.
Programs In Development
Programs focused on investment management and venture capital and private equity are also in development and many of our existing programs are being updated to ensure they stay at the cutting edge of executive education.