Chicago Booth European Conference 2010

10 05 2010

The European Business Group (EBG) hosted on last Monday, April 12th, its first European Conference, that gathered some of the most outstanding European and North American leaders of the political and corporate world under the theme “Exploring Challenges and Opportunities for EU/US business”.

One of the guest of honor at the conference was Mr. Jose Maria Aznar, former Prime Minister of Spain, who opened the event with a speech about the importance of transatlantic relations for the future of Europe. Mr. Aznar lamented that the current US administration is giving lower importance to this relation with Europe in favor of other regions of the world, in particular Asia and Middle East. Mr. Aznar also placed special emphasis on the necessity of creating a free market without transatlantic trade barriers and do not fall into the old temptation of protectionism as a response to the current economic crisis. Mr. Aznar explained that the liberalization of the transatlantic market regarding services, capital and knowledge is necessary to improve the competitiveness of the European Union. According to Mr. Aznar, these political and economic reforms must be accompanied by a strong commitment to the defense of freedom against the threat of totalitarianism, global terrorism and the proliferation of nuclear weapons. In this sense, NATO must take a leading role in the fight against terrorism.

The conference then hosted three panel discussions and a lunch keynote. The topic of the first panel discussion of the conference, Messrs. Alessandro Motta, Martin Rouine, Javier Ruperez and Dirk Willen Schiff, respectively Consul Generals of Italy, Ireland, Spain and the Netherlands in Chicago, discussed about the particular features of the economies of their countries, and identified the major weaknesses of the EU’s lack of a genuine common fiscal and economic policy.

The next panel focused on Innovation and Competitiveness, included representatives from the Case New Holland / Fiat Group, DSM Desotech, NAVTEQ, Aviva North America and the EU Delegation to the US. After the panel, Mr. Abe Tomas Hughes, Vice President Director of Business Development  of Case New Holland / Fiat Group for the Americas made a keynote speech about  “International Business and the
MBA – A Hands-On Perspective”.

The third panel addressed the Future of Transatlantic Finance, where executives of Deutsche bank, the Federal Reserve Bank of Chicago and JP Morgan Securities, Inc. made a thorough analysis of the current financial panorama in Europe and the US.

Mr. Yiannos Papantoniou, former Minister for National Economy and Finance of Greece, was in charge of closing the conference with a speech and a round of questions about the Euro Crisis. According to Mr. Papantoniou, “The absence of a central supervisory authority for the financial system has created doubts as to the ability of the weaker member-countries to bail out their banks. Credit risks spread sharply so that over-indebted countries such as Greece started to borrow at much higher interest rates in relation to Germany. This tendency, reinforced by negative ratings by international agencies, may lead to credit crises, even to default. The Greek crisis has highlighted the fact that the euro is a monetary union but not a political union. It does possess a central bank, but not a Treasury. The central bank can provide liquidity in times of crisis, though only a Treasury can address problems of solvency.”

Finally Mr. Papantoniou highlighted that the Euro Crisis does also represent an opportunity for a leap forward in the integration process. “Difficult as it may seem today, unification should proceed to higher levels so that Europe attains a stronger position in the international system”, Mr. Papantoniou said.

For the European Business Group, the organization of Chicago Booth European Conference 2010 required a considerable amount of time and efforts. Organizing the first European Business Conference has been a challenge, and we would like to thank all the speakers, our sponsors; The Case New Holland / Fiat Group, Deutsche Bank and DSM, the professors, volunteers and participants for helping us to make it happened.  It is the wish of all of us to see this conference become better every year, and that’s why we have already started to work on the next year edition. There are still many challenges and opportunities for EU/US businesses to explore, and we look forward to meeting you again next year!

The European Business Group:

More information:





Chicago Booth European Conference

15 03 2010

The website of Chicago Booth European Conference 2010 has just been launched today!

www.europeanconference2010.com

Chicago Booth European Conference 2010





Conferencia MBA Internacional 2010 – 10 y 11 de abril – CHICAGO

25 02 2010

Queridos estudiantes españoles de MBA en EEUU,

Empieza la cuenta atrás…quedan 45 días para la conferencia MBA Internacional 2010!

Para los que andéis un poco despistados, MBA Internacional es una asociación de alumnos españoles de MBA (http://www.mbainternacional-es.org/). Durante los últimos años, se ha organizado una conferencia anual para reunir a todos los MBAs españoles que están en Estados Unidos. Una especie de evento de “networking” a la española. Este año somos más de 100 españoles repartidos entre las mejores escuelas de negocio de la geografía americana.

El fin de semana del 10 y 11 de Abril 2010 nos reunimos todos en Chicago!

El Comité Organizador -un grupo de estudiantes de Chicago Booth y Kellogg- estamos trabajando desde hace tiempo para que este evento sea un éxito!

Suponemos que tendréis preguntas… Vamos a intentar adelantarnos y contestar a las siguientes:

1. Para qué sirve esta conferencia?

2. Que actividades hay planeadas para el fin de semana?

3. Quien se ocupa del transporte y el alojamiento?

4. Puedo venir con mi pareja?

5. Cuando hay que confirmar la participación?

Ahí vamos…

1. Para qué sirve esta conferencia?

Pues básicamente para lo que quieras; para ampliar tu red de contactos, para compartir planes/ideas de negocio, para conectar con otros españoles con tus mismas inquietudes, para hacer nuevos amigos, para pasártelo bien, para hacer turismo en Chicago, para poder decir que has cenado con Jose Maria Aznar…

2. Que actividades hay planeadas para el fin de semana?

El Kick-off “oficial” del evento será el sábado con una comida con el cónsul de España en Chicago. Para los que tengáis previsto llegar antes, hay actividades planeadas también para el viernes.

La idea de los Treks Turísticos es visitar distintos puntos de interés de la ciudad de Chicago con un grupo de gente que comparta tus intereses (en industria: finanzas, energía, gran consumo, tecnología, etc. y/o función: consultoría, banca, entrepreneurship, etc.).

Programa de la conferencia

Como clausura del evento, tendremos la oportunidad de cenar con el ex presidente del gobierno español, don Jose Maria Aznar. Al día siguiente, Aznar dará una charla en Chicago Booth en el marco de la “European Conference 2010” a la cual estáis invitados a asistir.

Ese fin de semana además juega el Barça-Madrid. No dudéis que montaremos una buena para verlo!!

3. Quien se ocupa de los billetes de avión y el alojamiento?

Esto corre a cargo vuestro. Para los vuelos, recomendamos que lleguéis a Chicago el viernes por la tarde/noche o el sábado por la mañana y que volváis el domingo por la noche o el lunes por la tarde (si queréis asistir a la conferencia del European Business Group de Chicago Booth).

Hay dos aeropuertos en Chicago – O’hare y Midway – y los dos tienen línea de metro que te lleva directamente al centro de la ciudad por menos de $3.

En cuanto al alojamiento, hay muchísimas opciones en Chicago! Nuestra recomendación es que os quedéis Downtown que será lo más práctico para llegar a todos los eventos. Para ayudaros, estamos componiendo una lista de hoteles y apartamentos que os puede ser útil. En cuanto lo tengamos listo os lo haremos llegar.

4. Puedo venir con mi pareja?

Por supuesto, pero solo si es española! (Es broma!)

Sí, las parejas están invitadas a participar en todos los eventos que tendrán lugar durante el fin de semana.

5. Cuándo hay que confirmar la participación?

Cuanto más pronto, mejor! Pero sobre todo antes del viernes 5 de marzo! Para poder cerrar reservas necesitamos saber el número exacto de gente que va a participar en el evento.

También hemos creado el evento en Facebook donde iremos colgando información sobre el evento. Uniros!

Esperamos que con esto tengáis una idea más clara del evento y de porque NO OS LO QUEREIS PERDER! Más información la semana que viene!

Si tenéis cualquier pregunta o sugerencia, no dudéis en poneros en contacto con nosotros. Esperamos veros a tod@s en Abril en Chicago!

Saludos,

El equipo organizador






Globthink Prize to the Most Global US Company

25 02 2010

oscarGlobthink is awarding a prize to the most global US company.

REQUIREMENTS:

Companies taking part in this competition must

1) Be headquartered in the US

2) Have operations out of the US

3) Be ready to sponsor international MBA applicants for full-time positions in the US

4) Have more than 20.000 employees worldwide

COMPANY NOMINATION:

Globthink readers can nominate companies for the prize using the comments in this blog until Sunday March 14th 2010

SELECTION CRITERIA:

Globthink readers will vote online among the nominated companies that fulfill the requirements from Tuesday March 30th 2010.

DECISION DATE:

Wednesday March 31st 2009.

PRIZE:

The most voted company will be awarded an interview about its recruiting opportunities on Globthink





Chicago Booth European Business Group

24 02 2010

Europe
The European Business Group is a 200+ member student group at Chicago Booth dedicated to promoting cultural and professional exchange with Europe. While our members come from diverse backgrounds, we are unified by a common cultural and professional interest in the countries of Europe.

EBG’s goals for the 2010-2011 school year include:

  • Fostering a sense of European community within Chicago Booth, through social and cultural events;
  • Supporting students in the pursuit of internships and full-time job opportunities in Europe, through activities such as resume reviews, mock interviews, Eurotrek and London Banking Days;
  • Providing guidance to prospective students from Europe; and
  • Engaging corporate recruiters and alumni groups from throughout Europe.

The European Business Group is organizing the Chicago Booth European Conference 2010 on April 12th 2010, in which the former president of Spain, Mr. José María Aznar, will be the keynote speaker.





Follow your inner voice in B-school

17 02 2010
Tango

Tango

I read this on Facebook the other day:

When I arrived to B-School I heard an echo saying: “if you aren’t a consultant or an i-banker, you are a looser”. Gradually, the voice became a music. I danced with the music. I made love to the music. But in a skyscraper in NY, the music suddenly stopped and my lift crashed onto the basement. I was initially lost but without the music I could hear my inner voice and started to think about what I really wanted to do.

Image: from the Sydney Morning Herald






Presentaciones del MBA de Chicago Booth en Madrid y en Barcelona

14 12 2009
Presentaciones del MBA de Chicago Booth en Madrid y en Barcelona

Presentaciones del MBA de Chicago Booth en Madrid y en Barcelona

Estimado amigo/a,

University of Chicago Booth School of Business te invita cordialmente a las presentaciones de su MBA en Madrid y en Barcelona.

  • Aprende lo que diferencia a Chicago Booth de otros top MBAs en el mundo.
  • Descubre sus numerosas posibilidades académicas y profesionales.
  • Conoce estudiantes actuales y antiguos alumnos: sus experiencias, sus ideales, sus personalidades.
  • Despeja todas tus dudas sobre el proceso de solicitud.

Te esperamos:

  • el 23 de diciembre a las 19:00 en la oficina de McKinsey & Company, Sagasta 33, Madrid. Regístrate aquí.
  • o bien, el 22 de diciembre a las 19:30 en la oficina de Técnicas Lingüísticas Avanzadas, Vía Augusta 117, Barcelona. Regístrate aquí.

Un abrazo,

La comunidad española en Chicago Booth





Consulting Interview Case Frameworks

13 12 2009

Dear Readers of Globthink,

I would like to share my personalized MBA Case Framework for consulting interviews. My framework is far from perfect. I will try to improve it as I am doing more cases. You can use my framework if you want but I recommend you building your own framewok. You will learn a lot doing that.

My Framework is based on building blocks.

  1. Most common case scenarios (M&A, Profitability, New Product, New Market) are structured using high level building blocks (“buckets”).
  2. Building blocks are shared among different scenarios
  3. Building blocks are classified in groups
  4. Some building are composed of smaller building blocks

I have 13 scenarios and around 40 building blocks.

First of all, remember some trends about the current economy

  • USD⇓ slowly; Euro ⇑; Yen/ Euro =; interest rates⇓ but not for long; Gas ⇑

MBA Case Framework

SCENARIOS

NEW MARKET

1. Market Strategic Fit
2. Market Attractiveness
3. Financials,
4. Implementation

NEW PRODUCT

1. Product Strategic Fit
2. Product
3. Market Attractiveness
4. Financials
5. Market / Product Implementation

INDUSTRY ANALYSIS

1. Market Attractiveness
2. Supply Chain (Suppliers/ Distributors)
3. Collaborators
4. Future Market

MERGERS & ACQUISITIONS

1. M&A Rational (before drawing the framework)
2. M&A Strategic Fit
3. Market Attractiveness
1. Company Attractiveness
4. Financials
5. M&A Implementation:
6. Exit Strategies

PRICING

1. Product
2. Market / Company Economics
3. Pricing Schema
4. Financials
5. Supply & demand
1. Implementation

Read the rest of this entry »





Financial Reforms and the Millenium Bridge

12 11 2009

The lecture given by Professor Sapra about the counterproductive aspects of some of the accouting measures US legislators are considering in order to strengthen the financial sector has been one of the best I have ever had in my whole life.

According to Professor Sapra:

  • Increasing the reporting frequency is an incentive for managers to focus in the short-term and neglect long-run growth, which is bad for the economy
  • Using fair market values in finacial statements will increase volatility in financial reports, companies will react more to the actions of other companies than to the fair value of fundamentals.
    • Analogy: The Millenium Bridge in London was built in with a special suspension design that allowed the bridge to react to vibrations, like the steps of people. The problem was that people tend to walk at the same pace, especially if there are many people and the bridge is vibrating. As a result of people moving at the same time, the bridge enters oscillates too much. The Millenium Bridge was closed for 18 months after its opening to change the suspension system.

    The comparison with the Millenium Bridge Professor Sapra made, together with the clarity of his explanations and his sense of humor, made this lecture so great and memorable.





    Unrestricted Work Authorization in the US

    9 11 2009
    Green Card in the US

    Green Card in the US

    One of the biggest challenges for international MBA students in the US is landing into a full-time position in a company willing to sponsor their working visa.

    Unfortunately, the number of companies willing to sponsor international candidates is very small (except in consulting).

    The Myths

    1) Visa sponsorship involves additional costs.

    FALSE. This is only around 5000 USD, which is much less than the salary they will pay you (hopefully!)

    2) It is difficult to justify that you hire a foreigner because the required skills cannot be found in the US.

    FALSE. It depends on how specific you are about skills in the visa application. You cannot just justify it based on the requirement to have an MBA degree and experience in industry A, because there are thousands of American falling in that description. But you are much more credible if you say you need somebody with experience developing operations strategy in industry A in country B, with experience dealing with senior management and leading multi-cultural teams, with intra-preneurial experience, fluent in language A and language B, with contacts in industry C, with a diploma thesis in field D… Not surprisingly, the way you write the Visa application influences the result.

    The Reason

    The main reason why companies choose not to sponsor is because the US Government can refuse a visa application without any explanation. The extension of a previously awarded visa can also be refused without any explanation. Companies do not like taking this risk. Only companies with the resources to lobby the government adequately are comfortable with this risk. The real problem is that the Government is not reliable regarding visa applications.

    On top of that, the TARP program (Troubled Asset Release Program) of the US government makes things even more difficult for international MBA students, especially those interested in Banking. The TARP program is a US government initiative to address the subprime mortgage crisis and strengthen its financial sector. TARP states that companies receiving funds under TARP cannot sponsor an international student if they make an American worker redundant.

    The Long Term Implications

    If you look at American history, this country is currently the number one in the world because it has traditionally sourced talent from anywhere in the world. If this practice stops now, this will no longer be the US in 50 years. It will just be a second range country somewhere in the North of the Gulf of Mexico.

    Additional Resources: TARP

    Read this interesting  article from scholarship for USA about the impact of TARP program  on job opportunities for international students.





    Chicago Booth Approach to Management Education

    8 11 2009
    Approach

    Approach

    This post expresses what Dean Edward A. Snyder’s  welcome speech to the class of 2011 means to me. Some people may argue that statement of principles and values are just statements and have little connection with real practices. But I believe that sometimes it is important to step back and think about the meaning of what you are doing.

    The University of Chicago is renowned for its schools of thought. Each school has its own approach for an specific discipline: Chicago approach to sociology, Chicago approach to economics, Chicago approach to physics, Chicago approach to literary criticism….

    What is Chicago Approach to Management Education?

    • Discipline-based knowledge : Business problems are complex and involve many disciplines. To understand organizations, markets, competition and succeed in business, you need knowledge from psychology, sociology, econometrics,  marketing… Other business schools focus on industries rather than on disciplines and neglect the multi-dimensional nature of business.
    • Empirical knowledge: Chicago Booth believes in facts.
    • Analysis: Good decisions are backed by good analysis. Analysis for Chicago Booth is discussing, challenging, fine-tuning ideas and deciding about them. The best idea is a provisional best idea. (See my post about this: What is Chicago Booth all about?). Booth is one of the few schools that focuses on the importance of decisions.
    • Fundamental principles: Effective business practices should be based on fundamental principles, not on furors or fads.

    So, What is Chicago strategy, then?

    • Values: Chicago believes on an unified system of values. We should have the same values at home, at the school, at work, in our country, in other countries, when doing research, when teaching…
    • Relations: every relation is important. Relations is helping each other, asking for help, giving help. We are receiving much support from second-year students, from alumni…
    • Respect for diversity: new ideas stem from diversity. We need to cherish diversity.

    Picture: belongs to wikipedia.com





    Consulting Terminology: A.T. Kearney, Bain, BCG, Booz, McKinsey

    3 11 2009

    This post is dedicated to all those MBA students recruiting for consulting. The first difference among consulting firms you realize when you are recruiting is their terminology. I would like to bring some light to this.

    MBAs apply to the row underlined.

    A.T. KEARNEY BAIN BCG BOOZ MCKINSEY
    Business Analyst Associate Consultant Associate Consultant Business Analyist
    Senior Business Analyst Senior Associate Consultant
    Associate Consultant Consultant Associate Associate
    Manager Case Team Leader Project Leader Senior Associate Engagement Manager
    Principal Manager Principal Principal Assocaite Principal
    Officer Partner Partner Partner Partner
    Director
    Projects Cases Cases Projects Engagements
    Feng Shui Consultant

    Feng Shui Consultant (www.spi-visual.co.uk)





    Do Europeans really know it all about culture in America?

    26 10 2009
    Jackson Pollock in Action

    Jackson Pollock in Action

    Many Europeans think they already know it all about America. Many see America as a country with a very short history and a Hollywood-McDonalds approach to culture, where there is not much culture to learn.

    In fact, I used to think I knew much more about America than I indeed did. When I took part in the Orientation Week organized by Indiana University for La Caixa scholars, Professor Bruce L. Jaffe, prepared a quite interesting quiz about culture in America. Topics included: education system, geography, politics, employment, demographics, American units of mesurement, American sports …

    I got a quit humble mark. But I am learnt quick – I hope. It is not a matter of flashing my mind with American customs. It is a matter of understanding culture in America and picking up what is good in it.





    International CVs and working cultures

    21 09 2009
    CV

    CV

    Analyzing the format and style of CVs in different countries is one of the best ways to learn about different working cultures and to be able to work with culturally diverse teams.

    Writing one’s CV in another language is not just a matter of translation, it is a complete adaptation of one’s expertise to the values and practices commonly accepted inside a certain culture.

    I have worked in a number of countries and I have faced the challenge of writing my CV/resume in a number of languages. In this article I would like to compare American, French, German, Spanish, Chinese and Japanese working cultures by means of analyzing their CV styles. The only kind I have not written myself is the Japanese CV but I include it here because it very particular and interesting.

    I will compare American resumes, not American CVs, which are equivalent to what is called CV in most other countries

    Individualism Vs Collectivism

    Western CVs (America, Germany, Spain, France) usually highlight individualistic values: competitive spirit, initiative, passion for personal challenges, critical thinking, ability to challenge ideas…

    On the contrary collective values are much more important in China and, above all, in Japan:  zeal, obedience, devotion to the community, loyalty to the Company, social abilities…

    Flexibility

    Flexibility is especially important in China and Japan, where employment has traditionally been seen as a very long term relationship. During this time, the employee will have many functions in the company. General culture and reasoning abilities are more important than specific abilities in a certain work-line.

    Achievements Vs Responsibilities

    American resumes are achievement-oriented. You do not talk about what you were in charge of but about how well you did it. You try to market and sell yourself. American CVs are very commercial. Without lying, you can really turn a sand grain into a sand castle! However achievements must be objective and must be quantified whenever possible.

    All the others are usually responsibility-oriented, which is more conservative. You usually explain your tasks rather than your accomplishments. Talking openly about accomplishments in Europe and Asia can be a kind of taboo. For this reason, CVs are much less commercial and more factual and formal. An American style resume in Japan or in Germany will probably sound too aggressive.

    Verbs or Nouns

    Bullet points in American resumes must start with action verbs (See examples), which are used to empathize the accomplishments. Bold the individual contribution and the result, which is the accomplishment, must be included. Each bullet point must emphasize one personal strength. Don’t forget that America society is very dynamic and action-oriented. You have to look dynamic to the recruiter.

    On the other hand, Germans, French, Spaniards use nouns or nominal sentences in the bullet points because they need to list responsibilities.

    Achievements are better told with verbs and responsibilities are better listed with nouns.

    Chronological, Anti-chronological Vs Functional

    Spanish and French CVs, as well as American resumes, are usually either anti-chronological or functional.

    German CVs are mostly chronological for the sake of clarity. Germans are usually very organized and formal.

    Japanese CVs are also usually chronological.

    Length & Level of Detail

    The shortest format is the American resume, which must be one page.  The longest is probably the German one, which may be several pages.

    Americans are usually very precise and direct. This is what they expect to see in the resume. On the contrary, Germans are more minimalist and methodical and, as a result, expect much more details. German CVs even go to the primary school and include college marks, specializations and thesis topics.

    French and Spanish CVs are somewhere in the middle. They are usually one page in length but two pages are OK if you have a lot of working experience.

    Formality

    German CVs are very formal and sober. The layout has to be conservative. Even in the digital age, German CVs are often send in paper and signed.

    Flags

    Flags

    Candidate’s Personality

    Personal data is not really important in the American CV (no photo, no nationality, no age, no family situation). All this information is omitted for the sake of avoiding discrimination. The candidate’s personality background is very important to recruiters but this information is contained in extracurriculars or hobbies.

    On the contrary, personal information is key in Japanese CVs because Japanese really want to know how well a candidate fits in the organization. It is compulsory to write about birth dates and birth places, family history and include a photo. It is not strange either to find information about the candidate’s weight, size or visual acuity.

    For the sake of accuracy and detail, German CVs also include a lot of personal data (photo, parents profession…).

    Spanish and French CVs are in the middle between Germans and Americans: photo, marital status, family data etc. have been traditionally included but some people tend not do it anymore. But if you are not EU-citizen, don’t forget to mention it. It is relevant for work permits.

    Education

    Having studied in a top university (grande ecole) is of a paramount importance in a French CV. Similarly, a top university will be a very good point in an American resume. In French CVs and American resumes, only the highest degree is shown.

    On the contrary, marks are more important to Spaniards and Germans than the ranking of the university . The concept of nation-wide university rankings is strange to Spaniards. Germans are more familiar with this concept but still value marks a lot because they are more tangible and detailed than the concept of university prestige.

    Education is very important in Japan and China, comparatively much more important than in the West. Both Japanese and Chinese are eager to learn. Furthermore, work in Japan has been traditionally been considered for life, which makes education even more important. Japanese usually give a lot of details about their education experience.

    Career Goals

    French CVs include a line on the top to describe the career goals of the candidate. This can range from the position title the candidate is applying to to an statement about the long term. Career goals are very important for employers in America, Spain or Germany but it is usually preferred to talk about this in the cover letter or during the interview rather than on the CV. Western societies are relatively individualistic and this is why individual career goals are important.

    On the contrary, Chinese and, above all, Japanese societies are much more collectivist. Recruiters are not interested in knowing about the employee’s career goals because those cultures assume the Company will decide about their professional evolution. The Company’s success is more important than the success of an individual.

    Professional Experience

    Americans are usually very practical and achievement oriented. For this reason, the American resume focuses more on professional experience than on education. This is also the case of Spain, France and Germany.

    Japanese value education a lot and sometimes devote more space to it in the CV than to professional experience.

    China is somewhere in the middle.

    Extracurriculars & Hobbies

    Extracurriculars are very important, especially for American, German and Japanese.

    For Japanese recruiters, extracurriculars should show candidates are social community individuals. Candidates should not look competitive or caring about individual success.

    Generally speaking, hobbies are less important than extracurriculars in all kinds of CVs. Probably Americans tend to include Hobbies more than the others, because it is very important for Americans to know about the candidate’s personality.

    Attachments and recommendations

    Cover letters are common in America, France and Germany.

    In Japan, they whole recruiting system is based on recommendations, which are not necessarily written. If an application does not come through the network of contacts, it has no possibilities. The same is applicable to China to minor extent.

    Germans also include a lot of attachments like school transcripts, diploma photocopies, job certifications and very detail reference details. Details is important to Germans. They do not just want to believe what the CV says. They also want to be able to verify and interpret themselves the contents of the CV. As a result German CVs are very factual.

    Background Verification

    It is common that prospective employers in America and China call the candidates former employer to verify data of the CV.

    Image: I found the image of the CV on Trabajo y Economía and the one of the flags on faq.org.





    What is Chicago Booth all about?

    2 09 2009
    Edward A. Snyder, Dean of the University of Chicago Booth School of Business

    Edward A. Snyder, Dean of the University of Chicago Booth School of Business

    I had a great time yesterday discussing with Professor Edward A. Snyder, dean of the University of Chicago Booth School of Business, who came to meet incoming students yesterday after our pre-MBA accounting class.

    Dean Snyder, told to us about what is special about Chicago Booth. I totally agree with him. Chicago Booth – he said – is all about challenging ideas, even our own ideas. This is the only way progress can be done. Challenging ideas is generating, analyzing, comparing, discussing ideas, criticizing and questioning ideas politely, and as a result, refining ideas and creating progress for the world. Chicago Booth students usually challenge professors ideas. They even the dean’s ideas in a polite way - said Dean Snyder . This is something that only happens in Chicago.

    For me, this is not being theoretical. This is being intellectual. This changes the world. And this is the reason why I chose Chicago Booth. Because I am somebody who likes challenging the status-quo politely and wants to pursue a career doing exactly this in a management position resulting in better practices for business and society.

    Furthermore, he also talked about his objectives for Chicago Booth, the most important of which is leading a revolution in marketing, in the same way Chicago already lead a revolution in finance in the past by challenging the previously established financial theories. Most modern financial theories come from the school and have resulted in 6 nobel prizes at the School (82 in total at the University of Chicago).

    It is not by chance that Chicago Booth slogan is “Challenge Everything”.

    Image: the image belongs to Chicago Booth.








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