Goldman’s $100 million initiative, “10,000 Women,” will provide economic support for HBS’s own “Colloquium for Participant-Centered Learning”—a program that brings faculty from around the world to Cambridge to study HBS’s famous case method.
Senior HBS lecturer Michael Chu, whose research focuses on the intersection of business and market mechanisms with low-income populations, described women as an “underutilized resource” for powering economic development.
“In the big scheme of ‘10,000 Women,’ the role of the Business School is to affect the content and delivery side of the management education that these 10,000 women will receive,” he said.
Goldman’s role in the project will be to provide scholarships to faculty members from Indian business schools participating in the HBS program, Chu added.
While HBS has previously worked in China and Latin America, Goldman’s funding will help the program to expand into India, according to Kerry L. Cietanno, director of donor relations at HBS,
“The goal of this program is to strengthen the capacity of business teaching and practice globally,” she said.
According to Cietanno, about five participants from each business school, including administrators and faculty members, will come to HBS to participate in the Colloquium.
“[The participants] will in turn train other professors at their schools in the case method of teaching and will be able to better utilize this pedagogy at their schools,” Cietanno said. “And this will have a multiplier effect in terms of building capacity in these regions.”
Some of the other institutions that have partnered with the Wall Street firm include Brown University, the Indian School of Business, the University of Dar es Salaam, and the Wharton School at the University of Pennsylvania.
The initiative was launched by Goldman after the investment bank published a recent research report, called “Women Hold Up Half the Sky,” that argued that improving female education would not only result in higher economic growth, but would also benefit future generations.
The study also claimed that closing the current gender gap in the labor market could increase income per capita by 10 to 14 percent in these countries by 2020.
—Staff Writer Prateek kumar can be reached at firstname.lastname@example.org.
HBS Recruits Younger Applicants to Lend New PerspectiveThe average Harvard Business School (HBS) student is 27 years old with about four years of work experience--similar to the
HBS Ranks Ninth in MagazineIn a departure from its usual position at the top of the rankings, the Harvard Business School (HBS) placed ninth
HBS Gets Ranked Eighth in PollHarvard Business School (HBS), usually touted as one of the top business programs in the nation, received an eighth-place place
Venture Capitalist Gives HBS $25 Mil.A venture capitalist who pioneered the startups of Apple and Intel, Arthur Rock knows a thing or two about getting
Preserve the ProgramLast month, representatives from two conservative advocacy groups threatened to file a complaint against Harvard Business School (HBS) if it
Business School Strategy Snags Younger StarsSome people are just ahead of the pack. For Oliver Thomas, summers off from Oxford University meant time spent in