Weissman Center for International Business
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FY 2018 Report WEISSMAN CENTER FOR INTERNATIONAL BUSINESS Imagine a WORLD...Prepare for a WORLD...Engage the WORLD! TABLE OF CONTENTS LETTER FROM THE DIRECTOR ................................................................ 1 ADVISORY COUNCIL ................................................................................ 2 DONORS ................................................................................................... 3 STUDENT PROGRAMS ............................................................................. 4 STUDY ABROAD.................................................................................7 WORK EXPERIENCE IN NEW YORK CITY AND ABROAD ..............12 EXPLORING THE WORLD THROUGH NEW YORK CITY.................15 CONNECTING STUDENTS AND BUSINESS LEADERS .................. 16 RESEARCH ACTIVITIES ........................................................................... 17 COMMUNITY ENGAGEMENT.................................................................21 OPERATIONS ANALYSIS......................................................................... 23 Weissman Center for International Business Mission Statement The mission of the Weissman Center for International Business is to provide meaningful international educational experiences for Baruch undergraduate and graduate students, support scholarly research and teaching with an international business perspective, and contribute to the economic life of New York City. LETTER FROM THE DIRECTOR Writing this letter gives me a welcome The annual report also provides information about the Center's opportunity to reflect on the Center’s research activities. I am particularly excited about the traction mission, accomplishments and impacts. we are getting with our CSR-Sustainability Monitor project. As the College faces significant budget The project analyzes the reporting practices of Global Fortune constraints, the need to define who we 500 companies related to environmental, social and governance are and the value we provide to Baruch (ESG) issues. A lot of great things are happening with the students and the wider College takes project. We are having success publishing in major academic on a new urgency. journals. We are also collaborating on research with leading academics studying non-financial reporting by companies Baruch College continues to earn national recognition as an engine around the world. of social mobility. In CollegeNET’s 2018 Social Mobility Index Baruch ranked #1 for the fourth consecutive year. The College’s success is The annual report also looks at the Center's community the result of our talented students, engaged faculty , high academic engagement activities. Our goal is to share our expertise beyond standards, affordable tuition and broad-based student services. The the College and academic circles to lend our knowledge and combination enables students to complete their degrees efficiently skills to solving real-world problems. One example is our work and pursue careers in the field of their choice upon graduation. with companies to help them improve their ESG reporting. The Weissman Center for International Business is a key part of All of the Center's activities come together in a virtuous circle Baruch’s value proposition. We offer students a wide range of to create a thriving network of faculty, practitioners, alumni exciting opportunities to gain international experience through and students that I am very proud of. Without the support study abroad and internships both in New York and abroad. of our donors and the wider Baruch community, this would We connect students to global business practitioners through not be possible. educational and networking events, mentorships and practicums and to research faculty through our analyst program. Most recently, It is important to recognize and address the fiscal challenges the Weissman Center’s study abroad programs were showcased Baruch faces. Looking ahead, we will need to focus our efforts in Baruch’s new online recruiting materials. This shows just how on fundraising and innovation if we are to keep our programs relevant the Center’s international programs are to young people working and growing to the benefit of Baruch students. entering college today. Our international programs help Baruch stand out and our students succeed. You can learn more about our Terrence F. Martell student programs in the following pages. Saxe Distinguished Professor of Finance WEISSMAN CENTER ADVISORY COUNCIL Howard I. Smith Chair of the Advisory Council and Vice Chairman, Finance, C.V. Starr and Co. Ismail Amla David Krell Martin Rapaport Managing Partner Chairman Chairman and CEO IBM Global Business Services International Securities Exchange Rapaport Diamonds North America Hugh R. Lamle Barry F. Schwartz Robert J. Aquilina President Executive Vice Chairman Executive Vice President MD Sass MacAndrews & Forbes Incorporated Estee Lauder International, Inc. Cleve S. Langton Carl Spielvogel Valerie Beal Chief Partnership Officer CEO, Spielvogel Associates, Inc. President, VLB Associates Brodeur Partners Worldwide Former U.S. Ambassador to Slovakia Former Chairman and CEO John L. Bernbach Joyce Lin Backer Spielvogel Bates Worldwide CEO CEO Bernbach Group Concept Press, Inc. Leslie Stroh Publisher, The Exporter Joseph S. Bonocore Frank Lourenso Chairman, Trade Finance Service Managing Director & Deputy Treasurer Retired Corporation Citicorp JPMorgan Chase Yasushi Takahashi Donald P. Brennan William W. Martin President & CEO Retired Chairman Chief Risk Officer Mitsui & Co. (U.S.A.), Inc. Morgan Stanley Capital Partners Abu Dhabi Investment Authority Chairman, Board of Trustees David Tendler John G. Duffy Global Association of Risk Professionals Partner, Tendler Beretz LLC Vice Chairman Former Co-Chairman and CEO Keefe, Bruyette & Woods Martin B. Mosbacher Phibro-Salomon, Inc. Managing Partner & CEO Anupam Ghose Intermarket Communications Vincent Tese Chief Executive Officer Chairman System Two Advisor Thomas M.T. Niles Premier American Bank Vice Chairman Dr. Henry G. Jarecki U.S. Council for International Business Diane Whitty Chairman Global Head of Philanthropy Falconwood Corporation Sven C. Oehme JPMorgan Chase President and CEO John J. Kelly European-American Business Terrence F. Martell President and CEO Organization, Inc. Saxe Distinguished Professor Hanover Square Partners, LLC Director, Weissman Center for International Business Contributions to the Baruch College Fund to support student programs such as scholarships and fellowships for international education or research projects such as the CSR-Sustainability Monitor are tax deductible. More details about the benefits of becoming a Weissman Center donor can be obtained either through the College’s Office of Advancement or directly from Dr. Terrence Martell, Weissman Center Director, (646) 312-2075. Weissman Center for International Business 2 Zicklin School of Business, Baruch College/CUNY DONORS Support for WCIB programs provided by: The Starr Foundation Heller Family Foundation Martin Mosbacher The Mitsui USA Foundation The Victor Besso Endowment Fund One to World, Inc. The Weissman Fund Hugh and Betsey Lamle Foundation Ernst & Young Foundation The Santander Universities Program The Nancy and John Kelly Harvey and Sheila Stone ’41 Prize The Falconwood Foundation Family Foundation in International Marketing The Spielvogel Scholarship Fund The Brennan Family Foundation Schoenhut Family Foundation The Falk Fund Anupam Ghose and Viyjanta Ruparel R.J. Aquilina and L.M. Aquilina Concept Press, Inc. David Tendler Woo Family Charitable Foundation The Fromme Scholarship Fund The Hancock Foundation Sheharyar Hassan The Frank and Irene Lourenso Fund The Morace Family Foundation Financial Women’s Association Martin Rapaport George and Mildred Weissman Memorial Dedication at the Weissman Center Mrs. Mildred Weissman and her family attended a dedication service for the George and Mildred Weissman Memorial at the Weissman Center. The memorial recognizes the contribution that George Weissman '39, 82 Hon. and Mildred Weissman have made to Baruch College. Laura Agosta, a Baruch senior, spoke about the opportunities the Weissman family's vision and generosity have created for Baruch College students. Weissman Center for International Business 3 Zicklin School of Business, Baruch College/CUNY STUDENTXXXXX PROGRAMS The WCIB offers Baruch students a wide range of programs the area of international business, which is very broadly at home and abroad that help them gain a global perspective defined and touches on many functional academic areas. through internationally focused internships, study abroad, Students often need assistance as they identify the work abroad, research projects, and co-curricular activities. building blocks to career readiness that make most sense Students have the opportunity to develop skills in analysis for them. The Weissman Center for International Business and problem solving, communications, teamwork and is a place where Baruch students can come to learn about leadership as they increase their global/intercultural international opportunities that are suited to their fluency. All of our programs have an interdisciplinary individual goals and needs. The Center’s international focus and offer individual information and guidance to programs and individual advisement services help ensure the best possible fit for each student. The focus students step up, define themselves, and stand out on information and guidance is particularly important