Samsung Global Scholarship Program ( Samsung GSP or GSP ) is a talent program of Samsung Electronics (SEC). Focusing on the goal of having talented personnel with strong business skills, leadership potential and career aspirations, SEC recognized the compelling need for high-quality leaders, hence the Global Scholarship Program was created to nurture a very selectively compiled group of individuals, who later in the long run might become leaders ("Future Global Leaders") of the various SEC subsidiaries around the world, replacing the Korean-national management layer (what is the usual practice at the chaebol ). It differs from Samsung Scholarship , formerly known as Samsung Lee Kun-hee Scholarship for supporting exceptionally talented Korean university students for global education in mostly STEM ( science, technology, engineering, and mathematics ) fields.
30-519: Divided into two paths, both programs originally select participants who demonstrate academic excellence and leadership potential and provides them with unique opportunities for further professional development. Starting from 2011, GSP-SKK instead contains employees working in the subsidiaries. The program also provides young leaders with a unique international network through which they can share ideas, learn from established leaders, work collaboratively and address global challenges. By exposing participants to
60-690: A different career path (at management consultancies, for instance) many participants stayed with SEC. MIT Sloan School of Management The Sloan School of Management at Massachusetts Institute of Technology (branded as MIT Sloan or Sloan ) is the business school of the Massachusetts Institute of Technology , a private university in Cambridge, Massachusetts . MIT Sloan offers bachelor's , master's , and doctoral degree programs, as well as executive education . Many influential ideas in management and finance originated at
90-420: A greater emphasis on analytical reasoning and quantitative analysis than most programs. Academic rigor has a strong influence on the school's culture. The first semester, also known as the core, is often considered the most difficult semester by design. Courses are graded using letter grades and on the standard five-point MIT scale. In its graduate programs, anything less than a 4.0 ('B') average will result in
120-771: A market capitalization of over $ 15 billion. In a 2014 article, the school's Dewey Library was rated the best business school library in the country. In 2016, the school's MBA program was ranked #2 worldwide for social and environmental impact by Corporate Knights magazine. MIT Sloan operates two global offices, the MIT Sloan Latin America Office (MSLAO) in Santiago , Chile , and the MIT Sloan Office for Southeast Asian Nations (MSAO) in Bangkok , Thailand . MSLAO opened in 2013, and MSAO
150-530: Is an independent entity and has no formal relationship with General Motors. As of 2022, the Sloan Foundation's assets totaled $ 2.0 billion. During the initial years of Alfred P. Sloan ’s presidency, the foundation devoted its resources almost exclusively to education in economics and business. Grants were made to develop materials to improve high school and college economics teaching; for preparation of and wide distribution of inexpensive pamphlets on
180-477: Is expected to open in October 2024. MIT Sloan students and alumni informally call themselves Sloanies . The MIT Sloan culture is similar to, but also distinct from, overall MIT culture , and is influenced most strongly by its MBA program. MBA students come from more than 60 countries every year, with just over half coming from North America , and 60% holding US citizenship. Prior to business school, engineering
210-522: Is the most popular undergraduate major among students. 46% of the class is female. A staple of MIT Sloan MBA life is the weekly C-Function , which stands for "cultural function" or "consumption function". The school sponsors food and drink for all members of the MIT Sloan graduate community to enjoy entertainment organized by specific campus cultural groups or clubs as well as parties with non-cultural themes. C-Functions are usually held most Thursdays in
240-577: The Central Bank of Malaysia to establish Asia School of Business in Kuala Lumpur , Malaysia . The curriculum is focused on action learning, which requires that students apply concepts learned in the classroom to real-world business settings. Courses are taught using the case method , lectures, team projects, and hands-on Action Learning Labs. The academic level of coursework is considered extremely demanding by business school standards, with
270-900: The Design Club ; the Finance Club ; the Management Consulting Club ; the Entertainment, Media and Sports Club ; the Venture Capital and Private Equity Club ; the Product Management Club ; and the Technology Club . The Sloan Business Club is the official undergraduate business club for all MIT students. Throughout the school year, a number of professional and academic conferences are organized by, or in partnership with,
300-672: The #3 most innovative sports company, behind only the NFL and MLB Advanced Media . Like the rest of the institute, MIT Sloan students have an extended period between semesters reserved for special activities. During the month of January, there are no formal classes at the school; instead, they are replaced by what is known as the Independent Activities Period (IAP) . During IAP, students engage in activities that would be challenging to participate in alongside regular classes, often including international travel programs. In
330-687: The Financial Times as the #1 MBA in Korea, Top 10 in Asia and 45th worldwide. The significance of the program can also be seen from the wide range of students who, as it was already in the first years, came from the leading companies including Cheil Communications , Amore Pacific , Woori Bank , POSCO , SK , Kyobo , Everland , Bosch , KTF and several Samsung subsidiaries. After graduation, participants are offered various responsibilities at Samsung Electronics and although some elected to follow
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#1732787928084360-1057: The International Faculty Fellows Program, and partnerships with IESE Business School in Spain, Sungkyunkwan University in South Korea , Universidade Nova de Lisboa in Portugal , the Skolkovo Moscow School of Management in Russia, and Tsinghua University in China. In 2014, the school launched the MIT Regional Entrepreneurship Acceleration Program (REAP), which brings leaders from developing regions to MIT for two years to improve their economies. In 2015, MIT worked in collaboration with
390-679: The School of Engineering is the Leaders for Global Operations (LGO) program, where students concurrently complete an MBA and a Master of Science in engineering. Another joint degree program aimed at students with more industry experience (an average of 8 to 10 years) is the System Design and Management (SDM) program, where students complete a Master of Science in Engineering and Management. Creativity and invention are constant themes at
420-659: The Walker Memorial building, which is also used as the venue for many other MIT Sloan community events. MIT Sloan alumni groups around the world also organize C-Functions for their club members, for social and networking activities. Students at MIT Sloan run over 70 active clubs. Some of the most popular clubs are the Sloan Women in Management Club ; the Entrepreneurship & Innovation Club ;
450-445: The complex issues and opportunities arising from an increasingly interdependent global economy, the program aims to expand perspectives and enhance skills critical for leadership in a changing world. Each year 15-25 individuals from different parts of the globe are offered to take part in the program that has two distinctive paths: an engineer and an MBA track: The (Global) MBA program is notable for its diversity and pioneer nature. It
480-668: The foundation as major program areas: The Sloan Work and Family Researchers Network supports research and education about work-family issues. The foundation also funded the national workplace flexibility campaign as part of the Working Families program led by Kathleen E. Christensen . The Sloan Research Fellowships are annual awards given to more than 126 young researchers and university faculty, to further studies in chemistry , computational and evolutionary microbiology, computer science , economics , mathematics , neuroscience , ocean sciences and physics . In March 2008,
510-816: The foundation awarded a $ 3 million grant to the Wikimedia Foundation . It made additional grants in July 2011 and January 2017. The Sloan Foundation is the primary funder of the Sloan Digital Sky Survey , a major astronomical survey that began data collection in 2000. In 1945, the Sloan Foundation donated $ 4 million to launch the Sloan Kettering Cancer Institute, now the Memorial Sloan Kettering Cancer Center. In 1950,
540-651: The foundation. The Sloan Foundation also made many civic contributions to the foundation's home city of New York, including grants to Lincoln Center for the Performing Arts , Channel 13 , New York Public Library , New York University , and the Fund for the City of New York . Starting January 2018, Adam Falk, past president of Williams College, assumed the presidency of the foundation. The Alfred P. Sloan Foundation makes grants in seven broad subjects, known within
570-825: The middle of semesters, the MBA program has an additional, shorter gap, called the Sloan Innovation Period (SIP), focusing on intensive experiential leadership activities outside of the classroom. After commencement, MIT Sloan graduates wear the MIT class ring , known as the Brass Rat . Top recruiters of new MBA graduates of the school include Apple , Google , Goldman Sachs , McKinsey & Company , Nike and Amazon . The school has over 20,000 alumni globally in 90 countries, with more than 20% who are presidents or CEOs. More than 650 companies have been founded by alumni of
600-610: The modern corporation. An Alfred P. Sloan Foundation grant established the MIT School of Industrial Management in 1952 with the charge of educating the "ideal manager". In 1964, the school was renamed in Sloan's honor as the Alfred P. Sloan School of Management. In the following decades, the school grew to the point that in 2000, management became the second-largest undergraduate major at MIT. In 2005, an undergraduate minor in management
630-581: The pressing economic and social issues of the day; for weekly radio airing of round table discussions on current topics in economics and related subjects; and for establishing a Tax Institute at the Wharton School of the University of Pennsylvania to interpret new taxes and new trends in public finance for the average citizen. From 1936 to 1945, Harold S. Sloan , an economist and Alfred's younger brother, served as director and vice president of
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#1732787928084660-578: The school, including Akamai , E*Trade , Gartner , Genentech , HubSpot , Lotus Software , Teradyne , Zipcar , and Okta . Deans Notable current and former faculty Alfred P. Sloan Foundation The Alfred P. Sloan Foundation is an American philanthropic nonprofit organization . It was established in 1934 by Alfred P. Sloan Jr. , then-president and chief executive officer of General Motors . The Sloan Foundation makes grants to support original research and broad-based education related to science, technology, and economics. The foundation
690-622: The school, including the Black–Scholes model , the random walk hypothesis , the binomial options pricing model , and the field of system dynamics . The faculty has included numerous Nobel laureates in economics and John Bates Clark Medal winners. The MIT Sloan School of Management began in 1914 as the engineering administration curriculum ("Course 15") in the MIT Department of Economics and Statistics. The scope and depth of this educational focus grew steadily in response to advances in
720-922: The school. Annual highlights include the MIT $ 100K Entrepreneurship Competition , the MIT Venture Capital & Innovation Conference, the Sloan Women in Management Breaking the Mold Conference, the MIT Sloan CIO Symposium, and the MIT Sloan CFO Summit. The most visible conference—and the largest student-run conference in the world—is the MIT Sloan Sports Analytics Conference , which Fast Company ranked
750-453: The school. The MBA track in Entrepreneurship & Innovation features action learning labs which pair students with companies to learn how to solve complex problems relating to emerging technologies. These action learning labs include Entrepreneurship Lab , Innovation Teams , and Leading Sustainable Systems Lab . Global Entrepreneurship Lab and Global Health Delivery Lab send MBA students to work onsite with startups in different parts of
780-568: The student not being allowed to graduate. Unlike most business schools, MIT Sloan does not offer any academic honors at graduation, consistent with the practice throughout all of MIT. The philosophy behind this is that the 'honor' is in being an MIT graduate. MIT Sloan closely collaborates with other parts of MIT, in particular the School of Engineering , the School of Science , and the Department of Economics . A special joint degree program with
810-463: The theory and practice of management. A program offering a master's degree in management was established in 1925. The world's first university-based mid-career education program—the Sloan Fellows program—was created in 1931 under the sponsorship of Alfred P. Sloan , himself an 1895 MIT graduate, who was the chief executive officer of General Motors and has since been credited with creating
840-460: The world. The Martin Trust Center for MIT Entrepreneurship , one of the few business school entrepreneurship centers in the world focused on high tech , offers many other entrepreneurial activities and mentorship throughout the year. The annual MIT $ 100K Entrepreneurship Competition is one of the largest business plan competitions in the world, helping to launch more than 130 companies with
870-485: Was built and now run together with MIT Sloan since its foundation, and it was the first global English-only MBA program in Korea. Selected GSP students currently study for three semesters. It used to be four semesters, including a possibility of spending a semester at one of SKK GSB's top partner universities in the U.S. ( MIT Sloan , Columbia , Northwestern's Kellogg , Michigan's Ross , Dartmouth's Tuck or Indiana's Kelly ). SKK GSB Global MBA has been recently ranked by
900-537: Was opened to 100 students each year. In 2014, the school celebrated 100 years of management education at MIT. Since its founding, the school has initiated many international efforts to improve regional economies and positively shape the future of global business. In the 1960s, the school played a leading role in founding the first Indian Institute of Management . Other initiatives include the MIT-China Management Education Project,
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