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Your gift to support MIT Sloan makes a
critical impact on the School, not only today, but by funding innovative programs
that will change the world tomorrow—from student-run conferences to
ground-breaking faculty research to important community initiatives like the
Dean’s Innovative Leader Series. Below, learn more about all the varied and
valuable ways your support directly impacts the School.
The seventh annual MIT Sloan Sports Analytics Conference opened with a panel discussion entitled Revenge of the Nerds, a nod to the growing influence of analytics and statistics in team management and marketing. The event, which has multiplied by a factor of 15 in its seven years, was put together by 51 MIT Sloan students who worked for nearly a year to craft a conference that was attended by sports executives, students from top business schools, and a throng of media. Read more about the full conference.
Both China Lab and India Lab combine traditional classroom learning with intensive real-world experience—providing students with a singular opportunity to hone their business and consulting skills in these growing markets. Students work with their client companies to fix their most pressing business problems. Read students' reflections from their blog about their project experiences in March 2013.
LearningEdge is a collection of teaching case studies and simulations developed by MIT Sloan faculty and students which are designed to spark discussions and innovative solutions to the management problems facing our world. CleanStart, a recent simulation developed by Professor John Sterman, Joe Hsueh, PhD ’11, and MIT Sloan Research Affiliate David Miller, puts participants in the role of the founder of a new startup company in the clean tech sector. Each quarter, the user must make strategic management decisions that will impact the direction of the company. Can you develop the technology into a successful business?
Since 1990, the MIT $100K Entrepreneurship Competition has awarded hundreds of thousands of dollars in cash and services to outstanding teams of student entrepreneurs. The process of the competition, its network of mentors and investors, and the generous prizes have helped many of these teams build their own successful companies. 3dim, a startup creating software that recognizes three-dimensional gestures on mobile devices, was awarded the $100,000 Grand Prize in 2013, beating out seven other finalist teams.
The process of translating biomedical research into effective therapeutics is broken. Professor Andrew Lo suggests that this is caused in large part by the trend of increasing risk and complexity in the biopharma industry. His latest research proposes a new framework for investing in many biomedical projects simultaneously: a “megafund,” which would require billions of dollars in capital but would spread the risk across the portfolio, reducing it enough to attract deep-pocketed institutional investors. Learn more about this innovative proposal, and watch Lo explain how financial engineering could lead to medical breakthroughs.
As digital devices like computers and robots become more capable, they can do more of the work that people used to do. Digital labor, in short, substitutes for human labor. What does this mean for employment? What will future jobs look like? Professor Erik Brynjolfsson and Principal Research Scientist Andrew McAfee address questions like these in their research on the new digital economy. Their work has deep implications for all sectors, and has been widely reported in the media, including TED talks by both Brynjolfsson and McAfee.
Andrew McAfee TED Video
Erik Brynjolfsson TED Video
As the United States healthcare system moves from compensating providers on the basis of quantity of care to quality of care, it is essential to measure hospital performance. A large body of research suggests that it doesn't matter where patients go for treatment. But Professor Joseph Doyle's research shows that it does matter—and that the right choice in an emergency could lead to a 30 percent better survival rate.
The Sustainability Initiative at MIT Sloan is built on the promise of a new future and is committed to creating a vision for progress and prosperity in a world that will thrive for generations. Faculty from across MIT and MIT Sloan work collaboratively to find social, economic, and environmental solutions to pressing systemic challenges, while empowering students, researchers, and business leaders to join them in this endeavor. See how they’re improving our world in this collection of their latest research.
Alumna Robin Chase, SM ’86, co-founder and former CEO of Zipcar, was one of several leading CEOs to speak at MIT Sloan during the year as part of the Dean’s Innovative Leader Series. She discussed her optimism for the future and an organizational concept she called “Peers, Incorporated,” a partnership between companies and individuals. Read more about the peer-to-peer trend and Chase's latest venture, Buzzcar.
The financial system is evolving and businesses and regulators need to move quickly to keep pace with the speed of change. That was a key lesson at Financial System 2.0, a special event held in London on June 13 as part of the MIT Sloan Finance Forum series. Speakers included Professors Robert Merton, Andrew Lo, Antoinette Schoar, Andrei Kirilenko, and Stewart Myers among others. Read about highlights of the day, and watch the full videos of the presentations.
Robert Litterman was the inaugural recipient of the S. Donald Sussman Award, presented to individuals or groups who best exemplify the career of S. Donald Sussman, a successful investor in quantitative investment strategies and models. At the first lecture in a series, Litterman predicted that a global decision on carbon dioxide emissions pricing must be made soon, or the risk of a catastrophic incident linked to the warming of the earth will rise. Watch his full lecture, or read a synopsis of his suggested solution.
A new revolution driven by digital technologies is transforming our society, businesses, and economy with incredible speed. It will create unprecedented wealth, spark innovation in all sectors, and convert what was once reserved for science fiction into our everyday reality. MIT and MIT Sloan are at the forefront of exploring this digital economy. At a conference in January, MIT Sloan faculty and industry leaders examined the questions "What will the revolution look like? And how will we manage our society and our economy after it happens?"
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