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Campus Currents May 2004: Volume 1, Number 2
   

Business Not as Usual
By Sylvia Tiersten

 
     

It won’t be business-education-as-usual at the new UCSD Rady School of Management.

“ We want students who are bilingual and bicultural. They will speak the language of science and technology—and
the language of business,” says Robert S. Sullivan, the school’s founding dean.

That’s good news for San Diego’s technology-driven economy. In recent years, some of its best and brightest young workers have left the region to pursue MBAs at prestigious universities elsewhere. Now these rising stars can “order in.”

In the 1980s and ’90s, UCSD enriched the local economy with close to 200 spinoffs—many of them in biotechnology and biomedicine. As these entrepreneurial companies grew, their CEOs deplored the shortage of home-grown management skills. America’s finest city was also America’s only major metropolis without a B-school in the Business Week top-50 survey.

Rady’s founding dean aims to change all that. “San Diego, in order to continue its growth and transformation, needs a world-class school of management—not another school of management. We will be among the best in the world,” Sullivan promises.

Keeping up with the Whartons and the Harvards doesn’t mean looking like them.

While traditional management schools draw about 25 percent of their student body from the ranks of science and engineering, UCSD is aiming for 60 percent. Rady’s lab-coated young scholars will receive solid training in finance, accounting and marketing fundamentals—the mark of any great business school. But they will also garner cutting-edge information about idea-to-market commercialization, product innovation and technology transfer to global companies via licensing.

Rady’s FlexMBA is a part-time, executive MBA program that targets working professionals, who have an interest in technology, science, entrepreneurship and innovation. In addition to short courses, a variety of part-time and full-time MBA programs, and a small doctoral component, the Rady School will offer joint degrees in engineering, medicine, science and international relations with the Jacobs School of Engineering, the School of Medicine, the Graduate School of International Relations and Pacific Studies (IR/PS), and other UCSD institutions.

Non-degree leadership courses began in November 2003, the FlexMBA program will launch in fall 2004, and the charter class of full-time students is slated for fall 2005. The 2012 goal is for 600 full-time students, 510 part-timers and 50 doctoral candidates.

Elite management schools do not come cheap. The long-term funding goal for the Rady School exceeds $100 million.
A $30 million gift from San Diego businessman Ernest Rady and the Rady Family Foundation will support faculty
recruitment and the construction of a 51,000 square-foot building on the north side of UCSD’s Eleanor Roosevelt Campus by fall 2006.

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"Keeping up with the Whartons and the Harvards doesn’t mean looking like them."

 

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