School News 23/10/09

An update from the Deputy Principal and the Principal of the Business School

School News: Autumn 2009

Welcome to our termly newsletter for students. First, to our new students a very warm welcome to the Business School. We hope that you are beginning to find your way around and feel at home. For our continuing student: our doctoral students, actuarial finance and executive MBA students, a belated welcome back after the summer.

Once again we welcome students from across the world to the School. With such an international student body and an international faculty (over 75% or our faculty are international) we can truly claim to be an international school.

New Faculty

We have welcomed some excellent new faculty. Professor Peter Smith joins our Health Management Group as Professor of Health Policy. Peter is a health economist who was previously Director of the Centre for Health Economics.

Dr Aija Leiponen joins our Innovation and Entrepreneurship Group as an Associate Professor, from the Cornell University.

Dr Stefano Rossi joins our Finance Group as an Assistant Professor from Stockholm Business School.

Mr Martin Diedrich joins us as the Programme Director of the Finance and Risk MSc Programmes

Rankings

The MSc Management was submitted to the Financial Times rankings for the first time this year. We were delighted to find ourselves ranked top in the world for entrepreneurship, fifth for corporate strategy and tenth for general management with an overall ranking of 33. To be so highly placed in individual subjects is a wonderful achievement for both the faculty and the students.

The EMBA rose three places in the world to number 31. This is excellent news in an increasingly competitive market.

The College is also subject to rankings and The Higher has just published its 2009 rankings which placed the College at 5th in the world ... up one place from last year

Accreditations

Business Schools can apply for external accreditation. The School was re-accredited by the UK AMBA (Association of MBA's) last year and we had a re-accreditation visit by the European foundation for Management Development (EQUIS) in May this year. We understand that the Peer Review Team will be recommending our re-accreditation and we should hear officially later this month. We have also applied for accreditation with the US Association to Advance Collegiate Schools of Business (AACSB) and have just learned that we have successfully negotiated the first stage of their process.

Faculty Achievements

Faculty were busy at conferences over the summer and won the following

• Dr Oliver Alexy
o Finalist (2nd Place), DRUID Best Doctoral Dissertation Award, Copenhagen,
• Dr Oliver Alexy
o Finalist (2nd Place), Univention Graduate Awards, LinuxTag, Berlin, 25 June.
• Dr Oliver Alexy
o Finalist (2nd Place), European Business School Best Paper Award in Innovation Management, Oestrich-Winkel, Germany, 1 July
• Markus Perkmann, ‘Trading off revealing and appropriating in drug discovery: the role of trusted intermediaries'
o Finalist for Carolyn Dextor Award, Academy of Management, Chicago, 7-11 August 2009-10-08
• Markus Perkmann, ‘Trading off revealing and appropriating in drug discovery: the role of trusted intermediaries'
o Finalist for Best Paper award, Technology and Innovation Management Division, Academy of Management, Chicago, 7-11 August 2009.
• Maguire, S. And Phillips. N (2008) ‘'Citibankers' at Citigroup: A Study of the Loss of Institutional Trust after a Merger', Journal of Management Studies, 45(2): 372-401.
o Awarded the Journal of Management Studies Award for the best paper published in the journal in 2008.
• Andrea Buraschi, ‘Correlation Risk and Optimal Portfolio Choice', Journal of Finance, forthcoming, Accepted in 2009
o Winner of the Inquire Europe Best Paper Award.
• Gilles Chemla was the runner up for the Viz Prize for the best paper in Risk Management.
• Andrea Buraschi and Robert Kosowski received the ‘Inquire Award' for best paper 2008.
• William Perraudin received a mark of Outstanding for the end of award assessment of the ESRC funded project, ‘Structured Exposures and Loan Loss Distributions'.
• Chris Chapman became the Editor-in-chief of Accounting Organizations and Society, September 2009.
• Dr Lars Frederiksen, ‘Why do Users Contribute to Firm-hosted User Communities? The case of computer-controlled music instruments' (2005), most cited paper in Organization Science since 2006.

We congratulate them all.

Lecturer Evaluation Questionnaires

At the end of the term you will receive a questionnaire about each of your courses. This ‘Lecturer Evaluation Questionnaire' is an important source of feedback for us about how each course has been received and about how each member of faculty is doing. The ‘scores' are taken very seriously and affect staff bonuses and promotion. So please complete them when you are asked to.

Research Awards

The following staff have won research grants which are starting this autumn

• Tommaso Valletti, Competitive analysis in markets with vertical integration,  ESRC
• Markus Perkmann, How practice entrepreneurs innovate: the challenge and opportunity of open intellectual property regimes, ESRC
• Stephanie Scholder, The economics of childhood obesity, ESRC (postdoc fellowship)
• Adriana Cornea, Reliable inference in conditions of extreme events, British Academy (postdoc fellowship)
• Robert MacCulloch, Testing for Behavioural Effects in Economics Using Data on Happiness, Contentment and Other Emotions, ESRC
• Paul Dolan, Valuing the well-being impact of wind farms, British Academy

We hope that this term has got off to a great start.

We will write to you again next term with more news

With our best wishes,

David and Dot