Values Set Carey Apart From Other Business Education
Hao Yu’s business education began at a young age growing up in China. He fondly recalls watching his father run his business ventures with altruism and care for his employees, all while maintaining a strong bottom line.
“The benefits and culture within his company were like those of a big family,” Yu said. This early education, says Yu, instilled in him an unshakeable belief: business and humanity are inextricably linked. So when it came time for Yu to continue his business education as an MBA candidate, he wanted to attend an institution with a similar value structure.
That’s how Hao Yu became one of the charter members of Carey Business School’s Global MBA program, a graduate student program aiming to attract like-minded future business leaders.
“Growing up, I never had a time where I thought humanity and business were in conflict with one another. So my first reaction when I heard about the Carey Global MBA program was, ‘I really want to go here,’ because the values Carey has resonates with the values I have,” said Yu, who graduated in 2012.
Three years after graduating, Yu now works as the Executive Director of China-based CITIC Group’s Capital Management division. The state-run organization is committed to economic reform and opening Chinese industry to international markets.
Yu is also president of Carey’s Chinese Alumni Chapter. In this role, Yu has encountered graduates in all different kinds of careers. One of the common threads among them, he says, is their drive to make a positive impact with their work; it’s one of the factors that differentiates Carey Business School from other business schools.
“Carey and its alumni are great examples of leading through actions,” Yu said. “If you want to be the change you want to see in the world, Carey is the place you want to be.”
Yu identified two particular courses that crystalize this belief for Global MBA students:Innovation for Humanity and Discovery to Market. In Innovation for Humanity, student groups use the business knowledge acquired in the classroom to solve a real world problem facing private enterprises in developing companies. The course centers on a three-week immersive site visit abroad where students work with clients to implement business solutions; the goal of the course is to give stakeholders the tools to build sustainable businesses.
“I4H challenges you to think creatively because what seems to be a given in developed economies are often not the best solution in developing countries,” Yu said. “Through the I4H program, we learned through first-hand experience that only if we understand and factor in the local community’s social needs when making business decisions could we build sustainable businesses that would create values to all stakeholders involved.”
In Discovery to Market, students assess and develop business plans for potential scientific discoveries and technological innovations. Many of these technologies are developed in response to a real world problem.
“D2M challenges students to learn quickly, deal with ambiguity, and be collaborative and agile,” Yu said. “In a world where social and commercial matters become more and more intertwined, business leaders will need to stay ahead of the curve and adaptive. D2M is the perfect program to acquire these acumens.”
Both courses are similar in that, through a hands-on learning experience, students use business acumen to solve a social welfare issue.
“I think, a lot of us, when we look back, give a lot of credit to those programs,” Yu said. “I think it teaches you a lot about what it means to do business with humanity in mind.”