IE Impact Weekend: converting ‘Social responsibility’ from two words into one meaning

IE Impact Weekend is back and once more sets out to share ideas and develop socially responsible business plans by bringing together students from IE Business School with social entrepreneurs from across Spain. The main goal: to reach impact! Created by IE Business School and IE Venture Lab, along with strategic partners such as the IE Net Impact Club and iWeekend, the Impact Weekend experience…

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Chat with Prateek, an IE Master in Management student

Hi Prateek, thank you for taking the time to share some insights about your IE experience. Please tell us a little bit about yourself before we get started!
Well, my name is Prateek Rathore. I am from India and I am 24 years old. Currently, I am finishing the second core period of the Master in Management Program here at IE. I am a computer science engineer and did my undergraduate studies at IIT Delhi, considered one of the best engineering colleges in India. Before coming to IE, I also worked at the Royal Bank of Scotland for over a year. I like to travel; have travelled across 16 countries in Europe and a lot in India as well, and I’ve also choreographed dance teams at various national-level competitions.

Thanks Prateek! And now a question that might be interesting to prospective students; why did you choose IE as your center of excellence?
First of all, it is not a secret that IE is one of the best schools in the world that offers a master program in international management. Besides, I am a firm believer that in management studies, one learns more from one’s classmates than from the professors, and given that diversity is one of IE’s core values, it made my decision to apply to IE fairly easy. In addition, as I am very interested in technology, IE is one of the only schools to my knowledge that offers a specialization in Digital Business which I am about to start in a few days. And last but not least, I applied to IE because of the Venture Lab and the overall entrepreneurial spirit it instills in the students here.

Perfect! Prateek, but what about your actual IE experience? Now that you have completed two of the three core periods, what are the things that stand out during this time?
The one thing that immediately comes to my mind has to do with how classes are being taught here at IE. The case methodology really makes the classes more interesting and interactive while giving one a great variety of practical as well as theoretical knowledge about different sectors in the market. Another thing that stands out is the competition between classmates. Everybody and when I say everybody I mean everybody, is competitive at IE. However, it is a healthy competition because people really grow together, learn from each other and many times help each other with problems. One more reason to do so may be the high workload here, as you simply cannot complete all the tasks by yourself. And this brings me to my next point. Over the last two periods, I really learned how to manage my time and prioritize the things that I had to do. IE offers you many extracurricular activities, such as speeches, workshops, weekly meetings etc.; thus, you really have to learn how to manage your time well if you want to grab as much as you can on the way. And, I think I don’t have to tell you about the Madrid night life; it’s amazing. But I guess the most important thing is truly the diversity in class, on campus and even in Madrid. You can get so many different view points on a topic that you feel like you grow with every class discussion while your global network keeps increasing day in and day out.

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Are you a quant?

Prof. Paris de l’Etraz’s masterclass, held in Tokyo on Febuary 19th, brought a big crowd of attendees drawn by the topic: ‘Think like an entrepreneur’. Drawing on both his long and illustrious work experience, as well as his decision to take on the challenge of starting his own company, Prof. de l’Etraz explained what makes…

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IE creates business incubator for its undergraduate students

From May 1, 2012 IE University will set up a international incubator for innovative businesses  for and from its undergraduate students. A substantial number of students from countries worldwide have already identified international business opportunities and the laboratory will serve to strengthen their projects, as well as opening them up toSegovia’s business community. There are…

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Megaupload. When piracy hurts us all

IE Focus | By Pedro Letai, Professor at IE Business School

After the closure of Megaupload, all the people who used its online storage service for their personal files are now unable to access them. They are just one set of innocent parties affected by digital piracy.Perhaps it’s a bit late now to close the stable doors, as the more pessimistic tend to say with regard to piracy on the Internet. Seeing as pessimism has a habit of taking things closer to the point where you just give up, the Megaupload case has offered some of us a glimmer of light at the end of the tunnel.

On January 19, the FBI closed Megaupload’s download website and detained its head, Kim Schmitz. As I write this, the attorney general has requested that he not be given conditional bail on the grounds that he has enough resources to flee the country. After seeing photos of some of his parties and of some of his assets, the attorney general is not the only one who thinks this. Although Schmitz obviously has to presumed innocent until proven guilty, he would be an odds on favorite in a dodgy character contest.

The angry reaction of the defenders of the social ill known as free access to culture, coupled with the mass elimination of content or even closedown of other accommodation services on the Internet, are enough to make you think that the steps taken are not quite as insignificant as some would have us believe. Meanwhile, cinema revenues in the US have gone up 32% just this week, and video streaming pay sites like Filmin have doubled their traffic in Spain.

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