Life with meaning.
That’s the literal translation of 生意 (sheng-yi), the Chinese word for business.
And that’s our approach to teaching business management as a liberal art.
We engage students. You’ll share ideas with classmates, work closely with expert faculty, and get your hands on real-world tools like SAP (all our majors learn how to use it). You can invest a half million dollars in socially responsible businesses in the Brown Advisory Student-Managed Investment Fund. And you can learn how to build your own business from the ground up.
It’s your dream, and we want you to dream big—like our Brown Advisory students Ryan Leigh, Audrey Utchen, Jonathan Wendeborn, and Shreyas Suresh, back from attending Berkshire Hathaway’s annual meeting in Omaha, Nebraska. We’re here to help them—and you—make your dream real.
Brown Advisory on Twitter, live from Berkshire Hathaway’s annual shareholder meeting:
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What we're reading
- <div class="lw_blurbs_body"><p><img width="130" height="196" alt="" src="/live/image/gid/12/width/130/height/196/42533_piketty.rev.1454387389.jpeg" class="lw_image lw_image42533 lw_align_left" data-max-w="230" data-max-h="346"/>Thomas Piketty, <a href="http://www.amazon.com/Capital-Twenty-First-Century-Thomas-Piketty/dp/067443000X"><em>Capital in the Twenty-First Century</em></a> (Belknap, 2014).</p><p> In this best-selling work, French economist Thomas Piketty argues that the 21st century is seeing a return to ‘patrimonial capitalism,’ the concentration of wealth, income, and power in the hands of a small group of super-wealthy individuals and families.</p></div>
- <div class="lw_blurbs_body"><p><img width="125" height="190" alt="" src="/live/image/gid/12/width/125/height/190/15212_aristotle-gm.rev.1454361715.jpeg" class="lw_image lw_image15212 lw_align_left" data-max-w="175" data-max-h="265"/>Tom Morris, <em><a href="http://www.amazon.com/If-Aristotle-Ran-General-Motors/dp/0805052534/ref=sr_1_1?s=books&ie=UTF8&qid=1351713495&sr=1-1&keywords=if+aristotle+ran+general+motors" target="_blank">If Aristotle Ran General Motors</a></em> (Holt, 1997).</p><p> In this book about philosophy and business, Morris argues that ancient philosophy has a lot to teach us about modern life and work. </p><p> “If we let the great philosophers guide our thinking,” Morris says, “… we put ourselves in the very best position to move towards genuine excellence, true prosperity, and deeply satisfying success in our businesses, our families, and our lives.”</p></div>
- <div class="lw_blurbs_body"><p><img width="120" height="179" alt="" src="/live/image/gid/12/width/120/height/179/15265_benfranklin.rev.1454361748.jpg" class="lw_image lw_image15265 lw_align_left" srcset="/live/image/scale/2x/gid/12/width/120/height/179/15265_benfranklin.rev.1454361748.jpg 2x" data-max-w="319" data-max-h="475"/>Walter Isaacson, <em><a href="http://www.amazon.com/Benjamin-Franklin-American-Walter-Isaacson/dp/074325807X/ref=sr_1_2?s=books&ie=UTF8&qid=1351776110&sr=1-2&keywords=ben+franklin" target="_blank">Benjamin Franklin: An American Life</a></em> (Simon & Schuster, 2004).</p><p> Inventor, diplomat, statesman, scientist, Founding Father–and entrepreneur. Benjamin Franklin helped invent the quintessentially American notion of the entrepreneur, the enterprising individual who recognizes opportunities, takes risks, and earns great success.</p><p> Isaacson traces Franklin’s story from his start as a printer’s apprentice to his success as a publisher and journalist, to his even greater public career in diplomacy and the American founding. He shows that while Franklin may have ended up a distinguished statesman and beloved figure, he kept to the end his entrepreneurial interest in new ideas, new opportunities, and new enterprises.</p></div>
- <div class="lw_blurbs_body"><p><img width="133" height="199" alt="" src="/live/image/gid/12/width/133/height/199/42535_brynjolfsson-book.rev.1454387389.jpg" class="lw_image lw_image42535 lw_align_left" srcset="/live/image/scale/2x/gid/12/width/133/height/199/42535_brynjolfsson-book.rev.1454387389.jpg 2x, /live/image/scale/3x/gid/12/width/133/height/199/42535_brynjolfsson-book.rev.1454387389.jpg 3x" data-max-w="1001" data-max-h="1500"/>Erik Brynjolfsson and Andrew McAfee, <em><a href="http://www.amazon.com/Race-Against-Machine-Accelerating-Productivity/dp/0984725113/ref=tmm_pap_title_0">Race Against the Machine: How the Digital Revolution is Accelerating Innovation, Driving Productivity, and Irreversibly Transforming Employment and the Economy</a></em> (Digital Frontier Press, 2012) </p><p> Brynjolffson and McAfee, professors at MIT’s Sloan School of Management, argue that the pace of technological innovation is increasing, and explore the challenges this poses to the future of jobs and the economy. </p></div>
- <div class="lw_blurbs_body"><p><img width="110" height="173" alt="" src="/live/image/gid/12/width/110/height/173/42586_sutton-and-rao.rev.1454387441.jpeg" class="lw_image lw_image42586 lw_align_left" srcset="/live/image/scale/2x/gid/12/width/110/height/173/42586_sutton-and-rao.rev.1454387441.jpeg 2x" data-max-w="220" data-max-h="346"/>Sutton and Rao, <em><a href="http://www.amazon.com/Scaling-Up-Excellence-Getting-Settling/dp/0385347022">Scaling Up Excellence: Getting to More Without Settling for Less</a></em> (Crown Business, 2014).</p><p> Stanford professors Sutton and Rao explore how organizations can take good ideas practices—“pockets of exemplary performance”—and ‘scale’ them: expand their reach across the entire organization. Based on extensive research from many different industries, Sutton and Rao present a concise, clear framework for “spreading excellence” within a company.</p></div>
- <div class="lw_blurbs_body"><p><img width="120" height="182" alt="" src="/live/image/gid/12/width/120/height/182/15213_bigdatatidalwave.rev.1454361715.jpg" class="lw_image lw_image15213 lw_align_left" srcset="/live/image/scale/2x/gid/12/width/120/height/182/15213_bigdatatidalwave.rev.1454361715.jpg 2x" data-max-w="300" data-max-h="453"/>Bill Franks, <em><a href="http://www.amazon.com/Taming-Data-Tidal-Wave-Opportunities/dp/1118208781/ref=pd_sim_b_2" target="_blank">Taming the Big Data Tidal Wave</a></em> (Wiley, 2012).</p><p> Franks, Chief Analytics Officer for software firm Teradata, explains what the rise of big data means to business and other organizations today.</p><p> Big data is washing over our world, from gigabyte to terabyte to petabyte. Franks surveys technologies for managing it, explains how to analyze and make sense of it, and suggests how to create an organizational culture of discovery and innovation that takes advantage of the possibilities unleashed by the waves of data that are transforming the competitive environment of business.</p></div>
- <div class="lw_blurbs_body"><p> Gerald Posner, <a href="http://www.amazon.com/Gods-Bankers-History-Money-Vatican/dp/1416576576?ie=UTF8&qid=&ref_=tmm_hrd_swatch_0&sr=" target="_blank">God’s Bankers: A History of Money and Power at the Vatican</a> (Simon & Schuster, 2015).</p><p><img width="140" height="211" alt="" src="/live/image/gid/12/width/140/height/211/62228_godsbankers.rev.1463670349.gif" class="lw_image lw_image62228 lw_align_left" data-max-w="140" data-max-h="211"/>Noted investigative journalist Gerald Posner explores the complex and Byzantine financial workings of the Roman Catholic Church over the past two centuries. “A fast-paced read that brings history alive on every page” (Booklist).</p></div>
- <div class="lw_blurbs_body"><p><img width="120" height="183" alt="" src="/live/image/gid/12/width/120/height/183/15168_why-smart-people.rev.1454361683.jpg" class="lw_image lw_image15168 lw_align_left" srcset="/live/image/scale/2x/gid/12/width/120/height/183/15168_why-smart-people.rev.1454361683.jpg 2x, /live/image/scale/3x/gid/12/width/120/height/183/15168_why-smart-people.rev.1454361683.jpg 3x" data-max-w="421" data-max-h="640"/>Gary Belsky and Thomas Gilovich, <em><a href="http://www.amazon.com/Smart-People-Money-Mistakes-Correct/dp/B00150D6KU/ref=sr_1_2?ie=UTF8&qid=1351551791&sr=8-2&keywords=why+smart+people+make+big+money+mistakes" target="_blank">Why Smart People Make Big Money Mistakes And How To Correct Them: Lessons From The New Science Of Behavioral Economics</a></em> (Simon & Schuster, rev. ed. 2010).</p><p> In this entertaining and readable book, Belsky and Gilovich explore how people think about money and financial decisions, and why we sometimes make mistakes. Drawing on the rapidly advancing field of behavioral economics, they explore mistakes like the sunk cost fallacy, the tendency to throw good money after bad.</p><p> No matter how ‘smart’ you are, Belsky and Gilovich will help you avoid making irrational financial decisions.</p></div>
- <div class="lw_blurbs_body"><p><img width="139" height="204" alt="" src="/live/image/gid/12/width/139/height/204/16059_crescentandstar.rev.1454362080.jpg" class="lw_image lw_image16059 lw_align_left" data-max-w="139" data-max-h="204"/>Stephen Kinzer, <em><a href="http://www.amazon.com/Crescent-Star-Turkey-Between-Worlds/dp/0374531404/ref=pd_sim_b_6" target="_blank">Crescent and Star: Turkey Between Two Worlds</a></em> (Farrar, Straus and Giroux, 2008).</p><p> Kinzer, former New York Times Istanbul bureau chief, presents a concise history of modern Turkey without hiding his passion and love for the country. Turkey, situated at the crossroads of Europe and Asia, sits symbolically between two worlds–a modern, westernized world of markets and democracy, and a traditional world of faith and authoritarianism.</p><p> Kinzer vividly relates Turkey history, from Kemal Ataterk to contemporary challenges including militarism, women’s rights, Islamic fundamentalism, and the ongoing challenge of the place of the Kurdish minority in Turkey.</p></div>
- <div class="lw_blurbs_body"><p style="text-align: left;"><img width="120" height="180" alt="" src="/live/image/gid/12/width/120/height/180/15071_lm4.rev.1454361632.jpg" class="lw_image lw_image15071 lw_align_left" data-max-w="120" data-max-h="180"/>Tom Cronin and Michael Genovese, <em><a href="http://www.amazon.com/Leadership-Matters-Unleashing-Power-Paradox/dp/161205143X/ref=sr_1_1?s=books&ie=UTF8&qid=1351537209&sr=1-1&keywords=leadership+matters" target="_blank">Leadership Matters</a></em> (Paradigm, 2012). </p><p style="text-align: left;"> In their new book, political scientists Cronin and Genovese explore the paradoxes of leadership by looking at literature, movies, art, and classic texts. A wide-ranging, head-expanding read.</p><div id="inline-leadership-matters" style="display: none;"><h3> Additional Information </h3><p> This is a test. I will remove this before going live, or update it with content that is actually meaningful. </p></div></div>
- <div class="lw_blurbs_body"><p class="textbasic"><img width="116" height="173" alt="" src="/live/image/gid/12/width/116/height/173/42534_quigley.rev.1454387389.jpeg" class="lw_image lw_image42534 lw_align_left" srcset="/live/image/scale/2x/gid/12/width/116/height/173/42534_quigley.rev.1454387389.jpeg 2x" data-max-w="232" data-max-h="346"/>Carroll Quigley, <em><a href="http://www.amazon.com/Evolution-Civilizations-Carroll-Quigley/dp/0913966576">The Evolution of Civilizations</a></em> (first published 1961).</p><p class="textbasic"> In this far-ranging historical analyis, Quigley traces the seven-part life-cycle of great civilizations. Prof. Jim Flanagan, who teaches global business, still remembers reading the book as part of Quigley’s “mind-blowing” course at Georgetown University his very first year in college. Quigley, Prof. Flanagan says, still has a lot to teach students today, more than a half-century since the book’s original publication, about history, civilizations, and economics.</p></div>
- <div class="lw_blurbs_body"><p><img width="120" height="177" alt="" src="/live/image/gid/12/width/120/height/177/15166_strategic-capitalism.rev.1454361682.jpg" class="lw_image lw_image15166 lw_align_left" srcset="/live/image/scale/2x/gid/12/width/120/height/177/15166_strategic-capitalism.rev.1454361682.jpg 2x, /live/image/scale/3x/gid/12/width/120/height/177/15166_strategic-capitalism.rev.1454361682.jpg 3x" data-max-w="536" data-max-h="788"/>Richard D’Aveni, <em><a href="http://www.amazon.com/Strategic-Capitalism-Economic-Strategy-Capitalist/dp/0071781161/ref=sr_1_1?s=books&ie=UTF8&qid=1351534988&sr=1-1&keywords=strategic+capitalism" target="_blank">Strategic Capitalism: The New Economic Strategy for Winning the Capitalist Cold War</a></em> (McGraw Hill, 2012).</p><p> Western economists and policymakers have long favored a <em>laissez-faire</em> approach to capitalism and the market.</p><p> But D’Aveni, a strategy professor at Dartmouth’s Tuck Business School, argues that in today’s global economy this traditional hands-off view is failing. Unless Western governments accept a more active role, D’Aveni says, they will continue to lose out to the Chinese model.</p></div>
- <div class="lw_blurbs_body"><p> Gretchen Morgenson and Joshua Rosner, <a href="http://www.amazon.com/Reckless-Endangerment-Outsized-Corruption-Armageddon/dp/B0085RZF5K/ref=sr_1_1?s=books&ie=UTF8&qid=1352327596&sr=1-1&keywords=reckless+endangerment"><em>Reckless Endangerment</em><em>: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon</em> </a>(Times Books/Henry Holt, 2011).</p><p><img width="120" height="181" alt="" src="/live/image/gid/12/width/120/height/181/15829_morgenson-book.rev.1454361933.jpeg" class="lw_image lw_image15829 lw_align_left" data-max-w="183" data-max-h="276"/>A searing exposé of the financial collapse in America in the 2000s, a collapse that has had far-reaching consequences and has been likened to a second Great Depression.</p><p> Pulitzer-Prize-winning journal Morgenson and her co-author trace the roots of the collapse to an unhealthy, uncontrolled partnership between private-sector banks, mortgage giants Fannie Mae and Freddie Mac, and politicians going back to the 1990s. They paint a vivid story of how Fannie and Freddie, eager to guard their privileged position of being backed by the government, aggressively resisted Congressional oversight while showering money on politicians to win favorable treatment.</p><p> The authors reveal the workings of the revolving door between Washington and Wall Street, and note that in the years since the collapse, no individual has been held accountable for the ruin and suffering. It’s a powerful, astonishing story of immensely powerful individuals using their connections and positions to enrich themselves, while shielding themselves from the consequences of their mistakes.</p></div>
- <div class="lw_blurbs_body"><p><img width="120" height="181" alt="" src="/live/image/gid/12/width/120/height/181/15167_the-intelligent-investor.rev.1454361683.jpg" class="lw_image lw_image15167 lw_align_left" srcset="/live/image/scale/2x/gid/12/width/120/height/181/15167_the-intelligent-investor.rev.1454361683.jpg 2x" data-max-w="332" data-max-h="500"/>Benjamin Graham, <em><a href="http://www.amazon.com/The-Intelligent-Investor-Rev-ebook/dp/B000FC12C8/ref=tmm_kin_title_0" target="_blank">The Intelligent Investor</a></em> (1949; revised in 2003 with commentary by Jason Zweig).</p><p> How can you make money in the stock market? In this classic book Benjamin Graham lays out his key idea: “value investing.” Warren Buffett, America’s most famous and revered billionaire investor, was inspired by Graham’s ideas, and called <em>The Intelligent Investor</em> “by far the best book on investing ever written.”</p><p> By focusing on fundamentals and resisting the urge to buy and sell at every market fluctuation, Graham argues, the intelligent investor can minimize risk and maximize long-term gain.</p><p> It worked for Warren Buffett and countless other investors in the six decades since Graham’s book first came out. It probably stil has some wisdom left for you.</p></div>
- <div class="lw_blurbs_body"><p><a href="http://www.amazon.com/Likeable-Social-Media-Customers-Irresistible/dp/0071762345/ref=bxgy_cc_b_img_a" target="_blank"><img width="150" height="225" alt="" src="/live/image/gid/12/width/150/height/225/15549_likeable_social_media.rev.1454361819.jpg" class="lw_image lw_image15549 lw_align_left" srcset="/live/image/scale/2x/gid/12/width/150/height/225/15549_likeable_social_media.rev.1454361819.jpg 2x" data-max-w="318" data-max-h="475"/></a> Dave Kerpen, <em><a href="http://www.amazon.com/Likeable-Social-Media-Customers-Irresistible/dp/0071762345/ref=bxgy_cc_b_img_a" target="_blank">Likeable Social Media: How to Delight Your Customers, Create an Irresistible Brand, and Be Generally Amazing on Facebook (And Other Social Networks)</a></em> (McGraw-Hill, 2011).</p><p> “A friend’s recommendation,” Kerpen says, “is more powerful than any advertisement.”</p><p> Social media are transforming how businesses communicate and connect with customers, and how people learn about products and services.</p><p> Facebook, Twitter, blogs, and other social media sites have brought in a new era of informal, rapid-fire interaction–and they’ve also brought waves of new data that companies can analyze to learn more abou their customers’ likes and dislikes.</p><p> In this best-selling book, Kerpen, co-founder and CEO of Likeable Media, provides a fast-paced, easy-to-follow guide to the remarkable world of social media marketing.</p><p> </p></div>
Spanning the Globe
Read perspectives on study—and life—abroad from three Business Management students in the new issue of 4Corners, the Global Education Office’s International Programs Magazine. BUS major Katie Zabel talks about her time in Australia and Scotland, BUS major Lily Britt shares memories of her time in Hong Kong, and BUS minor Evelyn Mantegani remembers her spring semester in Ireland.
Partnering with Wake Forest University, Washington College opens up a new opportunity for students who are seeking a master’s degree in management.
Junior business management majors Mark Blumberg, Kristi Kozlowski, and Emma Silber, along with graduating senior Evan Laking, were inducted into Sigma Beta Delta.
Global medical technology business leader Tom Polen, president of BD (Becton, Dickinson and Company), will join College President Kurt Landgraf on April 16 in a discussion about leadership skills and the future of medical technology.