October 9th, 2008



Headings marked in BLUE represent new information. Headings marked in PURPLE represent old information.

The mission of the Simmons School of Management is to educate women for power and principled leadership. We are committed to the advancement of knowledge and practice in management through excellence in education and research. Our academic programs offer rigorous, applied, management education designed for women. We focus on leadership, and our programs integrate the strategic, functional, and behavioral aspects of management. SOM students gain the knowledge, analytical skills, and confidence that they need to manage successfully in dynamic and global environments. We are invested in our students’ success and support them as they launch, advance, and change their careers.

New Information This Week

Note from Mary D.

Quotes of the Week

Schedule for the Week of October 13th-18th
Travel Course Scholarships
Travel Course Reminders!
Information about Financial Aid
Roundtable Discussion With Sylvia Maxfield
Confused About the Financial Crisis?

CGO Brown Bag Discussion
Spark: Build and Sustaining the Future 2008 Conference
2008 HBA Boston Diary of a Leader: Meryl Zausner
WIBC - Building Effective Business Relationships
Leading High Performing Teams
Healthcare Businesswomen’s Association: Vaccines, Discovery, Development and Beyond

Join Simmons School of Management at the Boston Pink Conference
Teresa Nelson is Looking for Student Help!

MBA Office Updates

Note from Mary D.

have to admit, this week was the first moment that I did not see my usual amount of smiling faces! Traditionally that is true of one class who has something due, but it was a lot of you!! I know it is because of a few things including an Orgs paper, Econ take home exam and a looming Accounting midterm. Next week marks the beginning of week 7 in the MBA program. Hard to believe it is going so fast and that will be seen as good news by some and cause heart palpitations in others!! Please take some time this weekend to rest and recharge your energy even for a few hours. It is hard to maintain any semblance of balance with all you have to do in school, work and your busy lives, but it is critically important for your sanity and the quality of your work to take a break!

For my sports nuts, there are two big things going on-one is the WNBA basketball finals which showcases the best parts of teamwork and the Red Sox making the American League Championship Series. Again, my message is that a lot of your perspective and attitude is a direct result to what is going on in your head. You are entering a busy time of the year- mid semester in the MBA program. Believe in yourself, do the best you can, know that even if you are off to a rocky start that there are some golden opportunities to turn it around.

Quotes of the Week

“A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort."-- Herm Albright

"Persistence. Go for it. If you don't get it, give it another go. If that doesn't work, go again. If that still doesn't work, do it again; only with better preparation, more intensity, and greater passion. If that doesn't work, do it again only better. If that doesn't work, find another way. Stay with it. Pound away at it. Wear it down. Discover how to do it, but get it done." -- Dr. Keith Bell


Schedule for the Week of October 13th-18th

Monday, October 13, no day classes, evening accounting is running and you have a test!

Thursday, October 16, QA lab

Friday-Sunday, first half of the consulting elective

Travel Course Scholarships

After further investigation, the MBA Office discovered that there are, unfortunately, no scholarships for the travel courses available to MBA students. We apologize for any confusion!

Travel Course Reminders!

This is a reminder that the applications for the four management program travel courses are due on October 15. You can submit completed applications and a check to Mary D or Katlyn in the Program Office. All Brazil money due by November 1, but we believe we can get an extension til after the new year on China final payments! For further information, contact Professor Vipin Gupta, vipin.gupta@simmons.edu, x 2409.

Information About Financial Aid

Here is some information we received about Financial Aid from the Financial Aid Office.

Access to Aid: Students have not had an issue, in general, with access to financial aid. There are no issues with access to federal student loans.  We've seen some delays and confusions with the mechanics of obtaining the loans through the online process, but not at all with finding lenders who are willing to provide the loans.  Our online recommended list remains up to date.  Some returning students have found that they had to change lenders or guarantee agencies because their previous lender was no longer able to honor the promissory signed in the past.  Incoming grad students may or may not have experienced this if they wanted to stay with their lender from undergrad.

Private Loans: The only real issues that students tend to have is their own credit history and the availability of a co-signer.  A couple of our recommended lenders have indicated mid-year that they will no longer make private loans or have restricted to whom they will make private loans.  However, they have stated that they intend to honor the loans that have already been made.  At this time, we have no reason to doubt them. These lenders have been removed from our recommended lender list online.

If you would like to look at it, the online recommended lender list is at

Registration Updates

Spring 2009 Registration

Will be November 19-21. Much more info is coming at the end of October.


News & Events

Tomorrow: Roundtable Discussion With Sylvia Maxfield

Don't miss the Roundtable discussion with Sylvia Maxfield tomorrow at 7:30am-9am in Caseroom 2. We will have a lively discussion about the recent financial crisis. You MUST RSVP to attend. Please email darla.pires-degrace@simmons.edu to let her know if you would like to attend.

Confused About the Financial Crisis?

The Giant Pool of Money(click on title and Full Episode to listen to show)

Aired 5/9/2008

A special program about the housing crisis produced in a special collaboration with NPR News. We explain it all to you. What does the housing crisis have to do with the turmoil on Wall Street? Why did banks make half-million dollar loans to people without jobs or income? And why is everyone talking so much about the 1930s? It all comes back to the Giant Pool of Money.


Host Ira Glass talks with an NPR business and economics correspondent about two gatherings he attendedone at the Ritz Carlton and one at a community college in Brooklyn. The first was an awards dinner for finance professionals who created the mortgage-based financial instruments that nearly brought down the global economic system. The other was a non-profit conference for people facing foreclosure. Ira explains that today's show lays out how the finance guys and the people facing foreclosure are connected by a chain of middlemen, and that together, they all brought about the current housing and credit crisis. (4 minutes)

Act One.

This American Lifeproducer Alex Blumberg teams up with NPR's Adam Davidson for the entire hour to tell the storythe surprisingly entertaining storyof how theU.S.got itself into a housing crisis. They talk to people who were actually working in the housing, banking, finance and mortgage industries, about what they thought during the boom times, and why the bust happened. And they explain that a lot of it has to do with the giant global pool of money. (31 minutes)

Act Two.

Alex and Adam's story continues. (23 minutes)

Another Frightening Show About the Economy(click on title and Full Episode to listen to show for free)

Aired 10/3/2008

Alex Blumberg and NPR's Adam Davidsonthe two guys who reported our Giant Pool of Money episodeare back, in collaboration with thePlanet Money podcast.They'll explain what happened this week, including what regulators could've done to prevent this financial crisis from happening in the first place. You can learn more about the daily ins and outsand join the discussionon thePlanet Money blog.


Host Ira Glass goes toUnion Square, a 15-minute subway ride from Wall Street, where it doesn't look like we're on the edge of an economic abyss. (3 minutes)

Act One. The Day the Market Died.

Alex Blumberg and Adam Davidson recount the 36-hour period, two weeks ago, when the credit markets froze. Plus, what its like now for businesses to get short-term loans, and how the hardship is spreading to every sector of the economy. (16 minutes)

Act Two. Out of the Hedges and Into the Woods.

One more confusing financial product thats bringing down the global economy. And one of way to think about this product is this: If bad mortgages got the financial system sick, this next thing youre about to hear about, helped spread the sickness into an epidemic. These are "credit default swaps." Alex explains. (19 minutes)

Act Three. Swap Cops.

Ira talks with Michael Greenberger, a former commodities regulator, who tells the story of when it was decided not to regulate credit default swaps. And how that decision was emblematic of the way we didnt regulate a lot of the toxic financial products were hearing about now. (8 minutes)

Act Four. What's Next?

Ira and Adam answer the question: Was the $700 billion bailout bill signed into law today a good idea or a bad one? (10 minutes)

CGO Brown Bag Discussion

CGO Brown Bag Discussion with

Helene Ahl and Susan Marlowe 

Gender and Entrepreneurship

Thursday, October 23, 2008, 11:30pm to 1:00pm

Place: TBA based on number of respondents

409 Commonwealth Ave., Boston, MA 02215

Two leading global researchers on gender and entrepreneurship will be coming to the SOM in October as Entrepreneurial Scholars in Residence and guests of CGO affiliate, Teresa Nelson.  Please join us for a lunchtime presentation of their most recent work.

Helene Ahl, an Associate Professor at Jonkoping University in Sweden, is the author of The scientific reproduction of gender inequality: A discourse analysis of research texts on women's entrepreneurship and she says of her work, “What drives me in research is basically the which is questioning taken for granted.  I have examined how research texts position women entrepreneurs, using a theoretical perspective and a toolbox drawn from Foucault and from post-structuralist feminist theory.  I have analyzed how motivation theory positions those who it talks about – mostly “unmotivated” workers or students, and found motivation theory and the empowerment concept to be instruments of power and control rather than a theory that explains anything about people.”

Susan Marlowe is a Professor of Entrepreneurship within the Department of HRM at De Montfort University, Leicester.  At the moment, Susan is working upon links between gender and business closure and failure, gender and business incubation and female migrant entrepreneurship. In particular, she is engaging with feminist theory to develop understandings of the tensions between gender and entrepreneurial performances within specific contexts. Susan is a regular contributor to the BBC and is widely recognized as one of the leading theorists in gender and entrepreneurship in the world.

Recent papers by Susan and Helene are attached.  So, please come, bring some lunch, and enjoy a presentation by these interesting women.  Refreshments will be provided.

Thank you, and please RSVP to kerri.kivolowitz@simmons.edu by

Wednesday, October 15, 2008.

Phone: 617-521-3824

Spark: Build and Sustaining the Future 2008 Conference

Spark: Build & Sustaining the Future 2008 is a full day conference for young ladies (ages 14-17) in the Boston community who have limited exposure to careers in business and professional development. This event is sponsored by the SOM, Scott Ross Center, and the Women of Color Club.

We are seeking 10 volunteers to participate in this event, 5 current Simmons SOM students and 5 Simmons SOM Alumni.

It is an opportunity for current Simmons MBA students and alumni to engage in social responsibility by not only connecting through conversation (Speed Networking) with the young female participants at the event, but by also continuing to provide professional development support and advice post the event.

Event Date: December 13th
Time Commitment: 12pm – 2:30pm
Location: Simmons College Main Campus

If you are interesting in volunteering, please email Shaquanna Philip at Shaquanna.Philip@simmons.edu.

2008 HBA Boston Diary of a Leader: Meryl Zausner

October 14, 2008
5:30 pm to 8:00 pm

The Boston Chapter of the Healthcare Businesswomen’s Association (HBA) is pleased to announce an upcoming evening program: Diary of a Leader Featuring Meryl Zausner. In this program, Meryl Zausner, Executive Vice President & Chief Financial Officer, Novartis Corporation and 2007 HBA Woman of the Year, will share her insights and personal experiences on leadership, career development, and mentoring. She is recognized as an exceptional leader in the healthcare industry given her professional successes, proven mentoring skills, dedication and contributions to the community.

Click here for more information and to register for the event.

WIBC - Building Effective Business Relationships

Event: Women in Business Connection: Building Effective Business Relationships
Date: Wednesday, October 15th
Time: 11:30 am – 1:30 pm

Location:  Hyatt Regency Cambridge, 575 Memorial Drive, Charles View Ballroom, 16th floor

Description: When business cards are not enough . . . How many times have you gone to a networking event and come home saying “I gave out 30 business cards and no one called me?”

There is a major difference between networking, selling, and building relationships. It is not about just networking — it’s about creating connection. This program presents a look at the dos and don’ts in networking, making connections and building effective business relationships.

As a result, you will:

  • Understand the difference between networking and sales
  • Learn best networking practices for an event
  • Use business cards successfully
  • Identify follow up strategies

Register Today 

For more information:

Call (617) 661-WIBC (9422)

Leading High Performing Teams

October 20, 2008 to October 22, 2008

Location: Boston, MA

Program Fee: $1,800

Master the art of developing and leading a highly effective team. In Leading High Performing Teams, you will learn how to improve team output by developing actionable strategies for establishing credibility, pre-empting conflict and enhancing communication and collaboration. Explore how others perceive you and your role as a woman who leads. Join Professor Mary Shapiro for this dynamic, two-day workshop to ensure your team is operating at peak performance.

Visit the Leading High Performing Teams website for more details or contact Elisa van Dam, Director, Executive Education at 617-521-3869 or elisa.vandam@simmons.edu.

Healthcare Businesswomen’s Association: Vaccines, Discovery, Development and Beyond

October 29, 2008
5:30 pm to 8:30 pm

Join the Boston Healthcare Businesswomen’s Association Women in Science Affinity Group for a panel discussion on the development of vaccines. Our moderator and panelists represent extraordinary women who are leaders with extensive experience in the field. Speakers will describe technological advances and modern approaches and challenges associated with vaccine development.

Click here for more information and to register.

Join Simmons School of Management at the Boston Pink Conference

Simmons School of Management is hosting a table at The Pink Conference at the Four Seasons, Boston on October 14TH, from 11:30 a.m. – 1:30 p.m. Panelists for the event are Marilyn Carlson Nelson, chairman, Carlson Cos., Irene Chang Britt, vice president and general manager, sauces and beverages, Campbell Soup Company U.S.A., and Julie Gilbert, senior vice president, Best Buy.

Visit Pink Magazine for additional event information: http://pinkmagazine.com/events/EventsList.html .

If you are interested in attending please email Nicole Herrick at Nicole.herrick@simmons.edu by Friday, October 10, 2008 at Noon. We will be holding a raffle for students who would like to attend.

Teresa Nelson is Looking for Student Help!

Professor Teresa Nelson looking for an MBA student to design, organize and manage a database working with a member of her E-ship Advisory Board. The project is a small (5?) number of hours per week throughout the year. No need to be on campus. $15/hour. Please email for information or to express interest: teresa.nelson@simmons.edu


Career Services Updates

National Association of Women MBA’s National Conference & Career Fair
Oct. 23-25, Stamford, CT (Oct. 24 – Career Fair)
Registration:  www.mbawomen.org

IMPORTANT – for national and global summer 2009 internships and post-MBA management training and rotational programs, this is an opportunity to meet with employers who you may not have a chance to meet at other career events. The Career Fair portion of the event is from 9:00am – 4:00pm.
Please note the CSO can provide partial financial assistance to students who will attend this event. For information or questions about travel & hotel accommodations or about specific financial reimbursement (as we cannot reimburse for all costs) please contact Georgette Jover at 617-521-3857 or georgette.jover@simmons.edu



visit career connect to get tips on how to have a succesful career fair!
when you log on to career connect you will see the resource library on the bottom of the page. click on the [+] sign next to career articles and a list of PDF files will appear.

Note:  These eventsares open to all students regardless of ethnic background. 
Visit the individual websites for registration details, resume upload instructions, etc.
For financial assistance to attend these events, contact Lisa Toby at lisa.toby@simmons.edu

The Massachusetts Society of CPAs Public Accounting Career Fair
Oct. 15, 3:30 - 5:30pm, at the Boston Marriott Hotel at Copley Place
no fee! For more information visit www.mscpaonline.org

2008 The Boston Diversity Leaders Forum
Oct. 21, 5:00pm- 8:30pm, at the Radisson Hotel Boston
20 seats reserved for Simmons! visit www.diversitypower.com to register

Converse 2008 Open House
Oct. 23, 3:00pm – 7:00pm, at Converse Headquarters, North Andover, MA
Visit www.converse.com for more information

National Association of Women MBA’s ‘08 National Conference & Career Fair
Oct. 23-25, Stamford, CT (Oct. 24 – Career Fair)
Registration:  www.mbawomen.org

Reaching Out 2008 LGBT MBA Conference
Oct. 30 – Nov. 2, at the Renaissance Washington DC Hotel.
Registration: www.reachingoutmba.org

Hire Purpose MBA Career Fair
Oct. 31, Boston, MBA
Registration:  www.hirepurpose.net
Note:  Sponsored by Simmons SOM and Fellow Boston Business Schools

The Partnership, Inc. College to Career Expo 2008 and Student Conference
Nov. 3, 4:00pm - 8:00 pm, at The Dorothy Quincy Suites/John Hancock Hall
For more information visit www.MyC2C.org

Net Impact Conference
Nov. 13-15, Philadelphia, PA
Registration: www.netimpact.org

The 4th Annual Conference on Clean Energy: Financing and Partnering for Emerging Businesses
Nov. 18-19, Hynes Convention Center, 900 Boylston Street, Boston, MA
Registration: http://www.greenovationconference.com/



ALL INFORMATION ON CAREER RELATED EVENTS CAN NOW BE FOUND ON CAREER CONNECT. Log on to Career Connect and go to the “Career Events” tab to find out more information on the events mentioned here.

Effective Networking
Oct. 15, 7:15-9:15pm, at Inner Space, 17 Station Street, Brookline Village
An evening of networking, education, & opportunity for present or prospective women entrepreneurs! Registration is FREE 

6th Annual ALPFA Leadership Summit
Nov. 13, 5:00-10:00pm, at Renaissance Boston Waterfront Hotel
Registration Required For registration and more information click here


Recent Job Postings – Visit Career Connect  
~ Chief Operating Officer (COO) -   Common Impact
~ Project Manager - Greyston Foundation
~ Staff Accountant - The Andy Warhol Foundation
~ Sr. Marketing Manager – Philips
~ Manager, Marketing Communications - Corp Communications
As a reminder, please keep your Career Connect profile up to date. If you forgot your username and password, please contact georgette.jover@simmons.edu or 617-521-3857. Please do not re-register yourself as past information about you will be lost.
Is your organization looking for smart, talented candidates?  Do you have an Employee Referral Program?  Tap into the amazing candidate pool right here at Simmons SOM!

  • Contact Lisa Toby (lisa.toby@simmons.edu) about specific opportunities for individual matching of students and alumnae
  • Post positions on Career Connect thru the CSO
  • Add an announcement in the MBA Update
  • Use the electronic networking profile book which includes profiles of participating current students
  • Introduce CSO to your organization's HR/Recruitment


Even in difficult times, entrepreneurs will emerge
Amidst dot-com carnage, terrorist attacks, and mortgage-induced financial crises, entrepreneurs blindly continue to do one thing: start and build companies.


Last chance Free Book Download

"More Than Money: Questions Every MBA Needs to Answer" by Mark Albion, a former Harvard Business School professor and co-founder of Net Impact.

This Book will be available for a free download (as a PDF file) until October 15, or until we reach 270 downloads, whichever comes first. Please download only once for personal use and do not distribute or sell to anyone else.

If you like the book, please take a few minutes and send a quote to Mark at
drmark@more-than-money.org, with your name, affiliation and year of graduation.
These quotes will be posted, like the ones you can currently see here

To download, please go here and follow the instructions. The promotion code is already entered. Your name and e-mail address will go to the publisher's outside legal counsel only to be used in case of piracy, and to verify your legal ownership of the PDF. Neither publisher nor author will have your name or e-mail address. Click here to download.



Library Updates

Library Hours for Columbus Day Weekend -  The library will be staffed:
Friday (10/11) 8am – 4.30pm
Saturday (10/12) 10am – 4pm
Sunday closed
Monday (10/13) 12pm – 8pm

New Book Display – The library is featuring a new book display on Corporate Social Responsibility. Please stop by and take a few interesting titles home with you!

Research Assistance – Need help figuring out the best database to find articles? Problems finding what demographic is the biggest consumer of ham products? Contact the librarians and set up a time when we can help you! Linda Schuller Wolf, the SOM Librarian, is at linda.wolf@simmons.edu or 617-521-3851 and Michael Wick, the SOM Library Assistant, is at wick2@simmons.edu or 617-521-3847.

Library Blog – We’re happy to report that the SOM Library blog has been chosen as one of the “Top 100 Management and Leadership Blogs” by HR World. Check out the list at http://www.hrworld.com/features/top-100-management-blogs-061008/ and read the SOM library’s blog, found on the web at http://somlibrarian.wordpress.com/ for articles of interest to the SOM Community.

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