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TYSON IS KNOWN FOR HER RESEARCH IN INTERNATIONAL ECONOMICS. SHE IS THE FIRST FEMALE DEAN OF LBS. LBS Chooses Laura Tyson as New Dean London Business School has announced its new dean: Laura d'Andrea Tyson, most recently dean of the Haas School of Business at the University of Cali- fornia at Berkeley and a former adviser to Bill Clinton. Replacing former LBS dean John Quelch, Tyson will assume her new duties in January. Tyson has been dean at Haas since July 1998, and a professor there since 1990. She has been at the campus EMBAs by the Numbers While rankings based on MBA programs have long been a source of both pride and contention among business schools worldwide, organizations that produce the rankings always have argued that they're helpful to the ultimate consumers—students looking for guidance and corporations hiring graduates. In an effort to be even more helpful, two publications have broadened their scopes and, this October, are offering rankings for EMBA programs. Both the Financial Times and BusinessWeek see their new EMBA rankings as a way to provide a more com- plete picture of the schools profiled. "For some schools, the EMBA is actually their flagship program," says Della Bradshaw, business education editor for the Financial Times. "So if schools have only been ranked for their MBA programs, they might get a ranking which they think is underestimating the quality of their school." According to Mica Schneider, business education reporter with BusinessWeek, the new EMBA rankings are a way of presenting a more accurate picture of the schools profiled. "There are schools that are doing such a good job of catering to their part-timers and offering a really flexible schedule, or catering to their executive program, that they don't have the best full-time program. But maybe that school doesn't need the best full- time program because it's got other strengths. If the school has 40 people in its full-time and exec ed program, and 300 in its part-time program, it might have a strength that we're not addressing with other rankings." Because the structure of an EMBA program is so different from that of a full-time MBA, many schools might not be highly ranked in both programs. "What's interesting is that many of the schools you'd expect to see in the top ten on a regular full-time MBA ranking aren't in the top ten for EMBAs, simply because they don't have the programs," Bradshaw says. 24 When assembling the rankings, says Bradshaw, Financial Times looked at the reasons individuals pursue EMBA degrees and whether or not they've successfully achieved their goals after graduating from the pro- gram. "With EMBAs, a lot of people are company-sponsored, and one of the most inter- esting things is finding whether the company-sponsored students actually stay at their companies longer than the ones who pay for themselves," she says. The report looks at EMBA students who've stayed in their companies, and how far they've progressed, as well as the career progressions of students who've left their companies. More information is available on the publications' sites online. See www.ft.com and www.business week.com for details. to the article, just 22 percent of the in- coming class of MBAs were female, as compared to 30 percent at other elite MBA programs. Her absence will be felt at Haas. "Laura Tyson has shown wonderful leadership as dean of the Haas School. She has led the school to new levels of prominence and fostered an innovative learning environment that will con- tinue to greatly benefit today's busi- ness students. We wish her the best in her new position," said Robert M. Berdahl, chancellor of UC Berkeley. Berdahl announced that professor since 1977. From 1993 to 1996, she also served in the Clinton administra- tion, helping formulate the president's domestic and international economic policy agenda. During part of that time, she also chaired the Council of Economic Advisors and served as the president's national economic adviser. Tyson will be on leave from her fac- ulty position at UC Berkeley and says she plans to return to the campus in the future. She has said that the Lon- don appointment will provide her with a perfect vantage point from which to study the globalization of business. She is known for her research in interna- tional economics, most notably in her book, Who's Bashing Whom—Trade Conflict in High Technology Industries. Tyson is the first female dean of LBS. According to Business Week On- line, Tyson will be looking to improve female enrollment. In 2000, according Laura d'Andrea Tyson Benjamin Hermalin, who has been serving as associate dean for academic affairs and chair of the faculty at the Haas School since 1999, has been ap- pointed interim dean. The school will undertake a national search for the per- manent deanship. BizEd NOVEMBER/DECEMBER 2001 5 1 PHOTO: JEANNE STRONGIN