Cornell University Johnson at Cornell University

May 2009

Director's Message
New Career and Library Resources for alumni
May 28 Cornell Web Seminar on Recession Startups in Asia
Videos and podcasts
Comings and Goings
Featured Alumna: Jamia Jasper, MBA '97
News Highlights
Johnson School in the Media
Alumni in the News
Faculty in the News
Stay Connected

Karrie BorgeltDirector's Message: Reunion Weekend is June 4-7 – only weeks away! Register today
On June 4, we will welcome close to 400 alumni, faculty, staff and friends back to the Johnson School to celebrate Reunion Weekend 2009. For alumni who are celebrating an anniversary year (class years ending in 4s and 9s), be sure to register for your special reunion and reach out to your fellow classmates to encourage them to come back. Check out to see who's coming from your class and visit our Web site to review the schedule. We hope to see you at Reunion!

Looking for great venues to host alumni events
With over 60 alumni events held globally in any given year, we are always looking for creative ways to provide outstanding events for our alumni. This past year, we were fortunate enough to have close to 20 percent of our events hosted by alumni who were willing to offer space at their company, local club, or home. More...

New Career and Management Library Resources for Alumni
The Johnson School is pleased to announce that it is providing alumni access to a variety of career and business research tools designed to help them navigate through this challenging economic cycle. New offerings include CareerBeam,, and two new business research databases. More...

May 28 Cornell Web Seminar on Recession Startups in Asia
The Cornell Entrepreneur Network (CEN) is offering a Web seminar on May 28 for our Cornellians in Asia: "Recession Startups in Asia - Advice for Entrepreneurs Launching an Asian-centric Startup in a Recession," featuring Johnson School Lecturer of Entrepreneurship John Nesheim, MBA '67, of The Nesheim Group. More...

Videos and podcasts
Entrepreneurship@Cornell Celebration 2009
More than 200 alumni returned to campus April 16-17 for Entrepreneurship@Cornell Celebration 2009. This milestone annual entrepreneurship event on campus brings together more than 500 students, alumni, faculty and staff. With 11 Cornell schools, colleges and programs participating, this year's event is expected to be the most collaborative and comprehensive yet. "The continuing expansion of this event and of the excitement that surrounds it is a testimony to the growing strength of the entrepreneurial spirit among students, alumni, faculty and staff," said John Jaquette, executive director of Entrepreneurship@Cornell.

You'll find links to both video and audio podcasts of many of the speakers and panels at Entrepreneurship@Cornell Celebration 2009, including the keynote speech delivered by Cornell Entrepreneur of the Year Jay Walker '77, chairman of Walker Digital, and the following Johnson School events and panels:

Wilbur Parker Distinguished Alumni Award
The Black Graduate Business Association presented Felix Rouse, MBA '03, CEO of the Boys & Girls Clubs of Newark, N.J., with the Wilbur Parker Distinguished Alumni Award at a ceremony in Newark April 23, 2009. See related story: Local hero and rising community leader to be honored on April 23

Faculty Expert podcast features Bob Jarrow
In this podcast, Professor Robert Jarrow, a mathematician and leading expert on risk management, talks about solid quantitative models and how the lack of them contributed to the sub-prime mortgage crisis.

Exploring the Nexus of Business and Medicine
The Cornell Business & Medicine Symposium, held April 30, 2009, was jointly organized and developed by the Johnson School's Healthcare & Biotech Club and the Business in Medicine Society of Weill Cornell. It was envisioned as both a venue to discuss the roles business should play in the practice of medicine and an opportunity to forward Cornell University's strategic vision of strengthening intercampus collaboration between the University's schools. This video captures the symposium's two panels:

Learning the Business of Medicine
Joint MD/MBA candidates Dean Arnaoutakis and Adam Hill, organizers of the 2009 Cornell Business and Medicine Symposium, discuss what it means to be a great physician, why management education is key to solving today's healthcare challenges, and why they chose the MD/MBA program at Cornell.

What We Expect From America: A Saudi Perspective
Prince Turki Al-Faisal, ambassador of Saudi Arabia to the United States from 2005 to 2007, spoke about U.S.-Saudi relations on April 23, 2009 in Cornell's Statler Auditorium.

Comings & Goings
Dean Joe Thomas announced the following staff changes at the Johnson School in May:

Featured Alumna

Jamia Jasper, MBA '97
Jamia Jasper
Jamia Jasper, MBA '97: Keen observation and experience spurs creation of the American Israeli Shared Values Fund
A couple of years ago, Jamia Jasper, MBA '97, noticed three things about companies in Israel: Many have stocks that trade in the U.S.; they are conservatively managed with low valuations, allowing for significant appreciation potential; and, most importantly, not one large U.S. investment firm had yet established an Israeli mutual fund. Right away, Jasper knew she had her finger on a unique market. Her own success in Israeli stock investments further convinced Jasper to "start a fund to satisfy the needs of others looking to 'buy Israeli', whether for investment purposes or for a show of solidarity." In 2007, the American Israeli Shared Values Fund was born. More...

News Highlights

Johnson School Launches MBA Project Initiative
Fills Critical Need for Companies, Offers Valuable Experience for Students
May 12, 2009

Bombyx Wins BR Ventures Cornell Venture Challenge
Run by Cornellians, Bombyx offers alternative solution for eyesight regeneration
May 8, 2009

Johnson School Dean Earns Top Honor in his Field
Joseph Thomas recognized as a fellow of the Production and Operations Management Society
May 4, 2009

Johnson School Takes First Place in New York State's ACG Cup Competition
Students determine optimal financial strategy for holding company and private equity firm
May 1, 2009

Cornell Business Journal online
Cornell Business bids adieu to the class of 2009 with several retrospectives, compelling opinion pieces, and more
May 1, 2009

New York Creative Core's Emerging Business Competition names winners
Alumnus Jon Greene wins top prize; student Jason Springs is finalist
April 24, 2009

Johnson School Extends the Cornell-Queen's Executive MBA Program to New Hampshire and Boston Area
New Hampshire-based Boardroom offers executives world-class MBA and international network
April 20, 2009

Johnson School MBA student-run hedge fund down slightly in first quarter 2009
Short positions prove more profitable than long
April 20, 2009

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Johnson School in the Media

Financial Fitness -- Cayuga Fund
WCNY-TV - 3/12/2009
Professor Sanjeev Bhojraj, Andy Herr (MBA '09) and Jeff Cho (MBA '09) were interviewed for a video that highlights the success of the Cayuga Fund in 2008.

Student VCs Give It The Old College Try
Wall Street Journal - 3/16/2009
Roy Ashok (MBA '09) comments on the effect of the economic crisis on student-run venture capital funds.

A globetrotting agenda - 3/29/2009
Dean Joe Thomas is profiled.

Tough, but worth it
Financial Post Magazine - 2/25/2009
This story features a Q&A with Suzy Petrushchak, MBA '09, marketing manager for E & J Gallo Winery, who just graduated from the Cornell-Queen's Executive MBA program.

Recruitment: You're hired – next year
The Economist – Online - 04/30/2009
The Johnson School's summer project initiative is included as an example of how universities are working to help students find jobs.

Faculty in the News

When 'Deficit' Isn't a Dirty Word
New York Times - Online - 3/21/2009
Professor Robert Frank writes about the advantages of deficit spending.

Apparently, Dwight Schrute is good for any office
R&D Magazine - 3/30/2009
Professor Melissa Thomas-Hunt comments on a study that found that the best solutions to problems often come from groups that include a socially distinct newcomer.

Interview with Dr. Ola Bengtsson of The Johnson School at Cornell University
VC Experts - 04/29/2009
Professor Ola Bengtsson's research on private equity and venture capital is featured in this Q&A.

Alumni in the News

Simplify Your Life: Streamline your finances, cut the clutter – and free up time for things that matter
Kiplinger's Personal Finance - June 2009
Rebecca Cain, MBA '05 and Sam Baldwin, MBA '05, PhD '99 (ChemEng), are featured in this cover story about how they consolidated and simplified their "smorgasbord of investments" following their marriage last year.

The Best Managers of 2008
Business Week - 1/8/09
In this article, Irene Rosenfeld '75, MS '77, PhD '80, CEO of Kraft, is singled out as one of 12 executives who did a remarkable job of navigating stormy waters in 2008. She is the only woman cited.

The Global Give Back Circle: Empowering Girls in Kenya to Reverse the Tides of Poverty
Clinton Global Initiative Web site
This story features a Q&A with Linda Latsko Lockhart, MBA '85, founder of Global Give Back Circle, an organization devoted to supporting impoverished girls in Kenya by connecting them with women mentors who then provide life coaching and guidance. Lockhart is director of Paris-based Cohen Brown Management Group, provider of performance-based behavioral change programs for the financial services industry.

NYC's Pogby Aims To Become The OpenTable For Events
TechCrunch - 4/24/2009
This weblog post features Josh Gooch, MBA '06, CEO of Pogby, an online event planning service that was selected as a semi-finalist in the NYC Entrepreneur Week's Business Plan Competition. Gooch is a graduate of the Johnson School's Executive MBA program.

Stay Connected!
Check out the Johnson School page on Facebook, "tweets" at Twitter, and videos at YouTube.

For upcoming events, check out the Alumni Events Calendar