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Some of the events and announcements from top business schools in the U.S. and around the world that made news in the past two weeks:
Ross School Doles Out $90,000 to Student Startups
The Zell Lurie Institute for Entrepreneurial Studies at the University of Michigan’s Ross School of Business recently gave $90,000 to student startups that showed potential, the school announced on Feb. 20. The money went to winners of the 2012 Michigan Business Challenge and recipients of the Applebaum Dare to Dream Grants and Mayleben Family Venture Shaping Grants.
To win, participants had to have compelling business plans. The top prize of $20,000 at the Michigan Business Challenge went to Fashion Forward Maternity, a socially responsible shop where professional women can borrow designer maternity clothes and nursing gear at a fraction of the cost of buying it new. One of the top winners of the Applebaum Dare to Dream Grants was the Beet Box, which offers healthy fast-food options.
Kelley School Opens Institute for Business Analytics
The Institute for Business Analytics at Indiana University’s Kelley School of Business, launched Feb. 14, hit the ground running this week under the leadership of Kelley professors Vijay Khatri and Frank Acito. Business analytics is the study and collection of data used to improve business practices, from increasing profits to creating a competitive advantage. The institute will help students understand this field better and work with external organizations in need of such data, according to the university.
“The opportunity for the institute was created by the convergence of several recent trends, including the unprecedented rate at which data [are] being generated and stored; the declining cost and increasing capabilities of computers and software; and the competitive pressures on companies and organizations to do more with less,” Acito said.
INSEAD Conference in Mumbai Focuses on India
INSEAD hosted a conference, “Entrepreneurial Leadership: Driving India’s Growth,” at the Taj Lands End Hotel in Mumbai, India, on Feb. 25. Participants included faculty, speakers, and more than 200 senior business and media executives, as well as INSEAD alumni from the region. They participated in discussions, panels, and networking opportunities. Their focus, according to the school’s website, was the challenges and opportunities in a developing India.