Update on Stanford fundraising campaign- new building and curriculum
In November 2006, Stanford GSB will be publishing a newsletter highlighting their new initiative to revitalize their program and facilities. I've taken some bullet points from the update letter. Here they are:
New Campus The campus—to be known as the Knight Management Center—is expected to include eight buildings around three quadrangles with classroom of various sizes. It will be built across the street from the Schwab Residential Center. Planned for completion by 2011, it will replace three existing buildings, the oldest of which was dedicated in 1966. The University will eventually allocate the old location to other uses.
Plans call for a library, a 450-seat auditorium, spaces for dining and socializing, faculty and staff offices, and a parking facility. While a final design is not yet ready, the facilities will be equipped with state-of-the-art instructional technology and cover some 81,000 square feet more than the existing campus.
Program Objective changes: to create a more personal, more intellectually engaging, and more global MBA educational model.
Curriculum The School's new curriculum, adopted by the faculty in May and to be put in place for the 2007 entering class, is just one of the changes.
Stanfor GSB has raised about half of its $500 million goal. That includes Knight's $105 million gift, most of which will significantly underwrite the new $275 million campus.
A Personalized Curriculum One of the challenges the task force addressed was ensuring that every student is engaged and challenged by his or her education. There will be a base-level course in each required subject, which is the course we have now, but those with more experience in that course area will take a different level.
A new Critical Analytical Thinking course, each section having only 20 or fewer students, is designed to provide advising for academic placement while helping students understand issues of general management and how their other courses fit together. It will be one of eight such courses required in the first year.
Global Content Expanded global content with more international cases will be a hallmark of the new curriculum. Most important, MBA students will be required to participate in an international experience during their two years—an internship, study trip, student exchange, or service-learning trip.