Bentley University News

It’s often said that students attend business school because they want good jobs when they graduate.  Naturally enough, they tend to focus on class work that will help them reach that goal. However, classroom learning can take them only so far. As business school faculty, it’s up to us to make the necessary link between classroom theory and how it is applied in the workplace. When this link is made, students learn more and retain better. Seeing their studies “in action” makes it stick.

What should be the role of the liberal arts in business education? As we witness huge increases in the cost of formal education, every student has a right to ask what the best use of their time and investment in higher education should be. As educators, we owe it to them to justify the mix of professional training and personal enrichment we offer them.

Mohammed Yunis came up with a good idea: Give small loans to people who don’t have access to capital. A high percentage of the world’s population lives at a subsistence level. They spend all they make on food, and have none left for an “investment” that might make their microbusiness more profitable. If you could buy more bananas in the first place, your profit would be higher. If you could buy a cart, you could bring more bananas back to your village to sell than you’ve been able to carry yourself.

After 20 years at work, first in the corporate world and then building my own business, I began to think back on when I was 20 years old. A sophomore — recall that the root of the word is “wise fool” — I thought I knew a few things about what awaited me in the world. Nothing beats experience, though. Midway through a successful career, with several professional peaks and valleys, here is what I would have advised that young Bentley student when she was halfway through her college education.

As the winter chill sets in, I am warmly recalling a teaching experience I had at Bentley in spring 2012. That’s when I taught the history of sports for the first time.

My students may have been a little jarred by the experience. Initially enthusiastic, these sports-loving undergrads encountered considerably more history, and completed vastly more reading and writing, than any of them anticipated.

After 30 years in college admission, I am still surprised by how challenging it is to explain to prospective parents and students the art and science of college admissions.

Most would love nothing more than to be given a set of specific numbers by which to measure oneself.

I am a risk taker, and I urge others to take risks too.

That doesn’t mean I encourage hasty or reckless decisions. Mine have actually been pretty well thought out. But I do say: trust your instincts, listen to your gut, and take chances.

It is something that has worked for me, although it has also raised some eyebrows. Take my first job out of college. I went on countless interviews and turned down multiple offers. My family was about to have a meltdown. I remember my 94-year-old grandmother’s advice to “ … just accept something already.”

The MBA is in trouble. Organized and taught in the same way for generations, the traditional MBA program is increasingly anachronistic.

I am a baby boomer, one of the many Americans approaching their dream retirement age. I am also one of the many baby boomers who has a little panic attack every time I look at my retirement accounts and my exposure to the whims of the stock market.

One of the questions that I often get as a financial planner (and one that I ask myself) is: Should I take money out of my retirement account to pay off the remaining balance on my home’s mortgage?

The answer: It may make you feel good, but it is an expensive decision.

In the past decade, the presence of women on the boards of public companies has been increasing virtually everywhere in the world — except in the United States.

Internationally, the 16.6 percent of female directors serving on U.S. Fortune 500 boards falls somewhere in the middle; Japan sits at slightly over 1 percent and Norway at 40 percent. But that U.S. number is only 3 percent higher than it was 10 years ago. 

The numbers are surprising, considering: