Nearly 900 graduate as MIT marks a century of management education

Published: June 3, 2014

As diplomas are awarded, Class of 2014 approaches class gift record


			MBA graduates celebrate at last year’s MBA convocationMBA graduates celebrate at last year’s MBA convocation

This Friday, 838 MIT Sloan graduate students in eight programs and 50 undergraduate management students receive their degrees. The convocation and commencement ceremonies come with an extra reason to celebrate this year: 2014 marks a century of management education at MIT.

MIT Sloan is capping off a year of celebration of the centennial of Course 15, its program in management, with a colloquium on campus featuring some of the faculty who are leading the school into its next century with their groundbreaking work. The year has also included gatherings of alumni around the world as well as a party for students, faculty, and staff on campus. The school has produced a new book celebrating the ideas that have defined MIT Sloan, transformed management education, and had a significant impact around the world. An interactive online timeline highlights some of Course 15’s milestones, with all members of the MIT Sloan community invited to share their memories of the school.

MIT commencement exercises take place Friday at Killian Court on campus. Ellen Kullman, CEO and chair of the board at DuPont, will be the guest speaker.

On Thursday, an MBA convocation ceremony honors 359 graduates who completed their studies this year (including students who graduated in February), as well as the 48 graduates of MIT’s Leaders for Global Operations program. MIT Sloan alumnus Joaquin E. Bacardi III, MBA ’98, the president and CEO of Bacardi Corporation, will address graduates.

A separate convocation ceremony Thursday will celebrate the 125 graduates of the school’s one-year, intensive Master of Finance program.

The MIT Executive MBA program graduates 112 students this year, while the MIT Sloan Fellows Program in Innovation and Global Leadership—a one-year MBA or Master of Science for mid-career professionals—will award degrees to 118 students.

Thirty-five students will receive degrees from the School’s Master of Science in Management Studies program, and 31 students will graduate from its System Design and Management program, a collaboration with MIT’s School of Engineering.

The School’s 10 PhD graduates join doctoral candidates from across MIT Thursday for the Institute’s doctoral hooding ceremony.

This year also sees the first graduating students to receive MIT Sloan’s Healthcare Certificate. MBA graduate Lana Cohen and Sahar Hashmi, a PhD graduate in the MIT Engineering Systems Division, both received the certificate.

MIT Sloan Student Class Gift sets new records

Students in the Executive MBA program have raised $354,200 in gifts and pledges for their class gift, a new record across all programs, with 95 percent of the class participating. The class expects to reach 100 percent participation before graduation.

Earlier this year, the MBA/LGO class gift committee announced an ambitious goal of 90 percent participation in its class gift. Meeting the goal would mean setting a new record. Currently, the Class of 2011 holds the participation record with 89 percent.

So far, 80 percent of the MBA/LGO Class of 2014 has contributed to the gift, raising $280,977 in gifts and pledges for the MIT Sloan Annual Fund. Another 42 gifts by June 30 will set the new record. Already, members of the Class of 2014 have set the records for the amount of money given and pledged.

Students in the Master of Science in Management Studies program have already reached 60 percent participation in its class gift, and hope to reach 100 percent participation by June 30. And 29 percent of students in the Master of Finance program have contributed to the class gift.

For the first time, students in the MIT Sloan Fellows program are participating in the class gift initiative, and expect to announce campaign results by June 30.

Contributions to the MIT Sloan Annual Fund allow the School’s leadership to direct funds where they will have the most impact, including groundbreaking faculty research, student fellowships, program development, and other initiatives essential to the School’s success.