Examine individual changes

'{{about|the management program for business leaders|the fellowship for early-career scientists|Sloan Fellowship}} The '''Sloan Fellows''' program is a mid-career [[master's degree]] in [[general management]] and [[leadership]] initially supported by a grant from the [[Alfred P. Sloan Foundation]] taking place at one of three universities: the [[MIT Sloan School of Management]], the [[Stanford Graduate School of Business]], and the [[London Business School]]&nbsp;(LBS). It targets experienced managers who have demonstrated success either within organizations or independently as [[entrepreneur]]s. ==History== The Sloan Fellows Program was created at the [[MIT Sloan School of Management]] in 1930, by Alfred P. Sloan, Chairman of [[General Motors]] from 1937 to 1956, who envisioned the Sloan Fellowship as a means of developing the "ideal manager". The Sloan Fellows Program is the first management and leadership education program for executives and mid-career experienced managers. In the following decades, the program was expanded to include the Sloan Master's at [[Stanford Graduate School of Business]]<ref>{{cite web|last=Stanford Graduate School of Business|title=Stanford Sloan Master's Program|url=http://www.gsb.stanford.edu/sloan/|publisher=Stanford University|accessdate=9 August 2012}}</ref> (1957<ref>{{cite web|last=Stanford GSB|title=The Sloan Program at 50|url=http://www.gsb.stanford.edu/news/bmag/sbsm0708/feature-sloan.html|publisher=Stanford GSB|accessdate=2 January 2013}}</ref>) and the Sloan Master's at [[London Business School]]<ref>{{cite web|last=London Business School|title=Sloan Masters in Leadership and Strategy|url=http://www.london.edu/programmes/sloanmastersinleadershipandstrategy.html|publisher=London Business School|accessdate=9 August 2012}}</ref> (1968 <ref>{{cite web|last=London Business School|title=Sloan 40th anniversary|url=http://www.london.edu/programmes/sloanmastersinleadershipandstrategy/sloan40.html?WT.mc_id=1863|publisher=London Business School|accessdate=2 January 2013}}</ref>). In 2013 Stanford changed the name of its Sloan Fellows Program to Stanford MSx (Master of Science in Management for Experienced Leaders), though participants in the program remain Stanford Sloan Fellows.<ref>Stanford renames Sloan Master's Program - http://www.gsb.stanford.edu/news/headlines/redesigned-sloan-masters-curriculum-named-stanford-msx-program-experienced-leaders</ref> ==Academics== Sloan Fellows comprise a mix of company- and self-sponsored candidates. On all three schools, a significant degree of experience is required for admission. This is in keeping with Alfred P. Sloan's conviction that experienced managers would benefit best from the program. Alumni describe the program as "transformational", in keeping with the original vision of preparing successful managers for senior business leadership positions. Unlike most [[Executive MBA]] programs which are part-time over a year and a half to three years, the Sloan Fellows program runs full-time over the course of 12–14 months, depending on electives. [[London Business School]] and [[MIT Sloan School of Management|MIT&nbsp;Sloan]] offer an optional research project/thesis.<ref>[http://mitsloan.mit.edu/fellows/calendar-fulltime.php ]{{dead link|date=August 2013}}</ref><ref>[http://www.gsb.stanford.edu/sloan/ International Study Trip]</ref><ref>[http://www.london.edu/sloanfellowship/Programme%20details.html ]{{dead link|date=August 2013}}</ref> The program recognizes the importance of developing leadership as well as management competency in Sloan Fellows. As such, in addition to the standard MBA curriculum of management courses, the Sloan program contains a strong [[personal development|personal-development]] component designed to develop the leadership and strategic thinking capabilities of Sloan Fellows. ===Traditional full-time MBA programs comparison=== The Sloan Fellows program is a mix of top Executive MBA programs (experienced professionals) and top full-time MBA programs (full-time, academic rigor). The table below shows the main differences between the Sloan Fellows program and the traditional top MBA programs. {| class="wikitable" |- ! !! Typical top 10 MBA program !! Sloan Fellows program |- | Duration || Full-time, 2-year || Full-time, 1-year |- | Average work experience || 4-year || 13-year, 8-year minimum |- | Average age || 25 - 30 || 30 - 45 |- | Non-US students || < 40% || > 60% |- | Class size || between 400 and 1000 || between 50 and 110 |- | Degree || MBA || MSc in Management (except MIT, which offers MBA too) |- | GMAT influence on acceptance || High || Medium |- | Work experience influence on acceptance || Medium || High |} ===MIT, Stanford and LBS differences=== Although the program in any of the three schools are very similar in nature, there are some key difference among them. The table below summarizes the differences: {| class="wikitable" |- ! !! MIT Sloan !! Stanford Graduate School of Business !! London Business School |- | Minimum experience || 10-year<ref name="mit-criteria">{{cite web|title=MIT Sloan Fellows Admissions Criteria|url=http://mitsloan.mit.edu/fellows/admissions/admissions-criteria.php|accessdate=2 January 2013}}</ref> || 8-year <ref>{{cite web|title=Stanford Sloan Eligibility |url=http://www.gsb.stanford.edu/sloan/sponsors|accessdate=2 January 2013}}</ref> || 12-year <ref>{{cite web|title=Who is the Sloan programme designed for? |url=http://www.london.edu/programmes/sloanmastersinleadershipandstrategy/whoisthesloanprogrammedesignedfor.html|accessdate=2 January 2013}}</ref> |- | Average experience || 14-year <ref>{{cite web|title=MIT Sloan Fellows - Program brochure|url=http://mitsloan.mit.edu/fellows/pdf/BROCHURE.pdf|accessdate=2 January 2013}}</ref> || 12-year <ref name="stanford-class2013">{{cite web|title=Stanford Sloan Class of 2013 Profile|url=http://www.gsb.stanford.edu/sloan/2013fellows|accessdate=2 January 2013}}</ref> || 16-year <ref name="lbs-class2013">{{cite web|title=LBS Sloan Masters - Class of 2012 Profile|url=http://www.london.edu/assets/documents/programmes/Sloan2012-ClassDirectory_web.pdf|accessdate=2 January 2013}}</ref> |- | Class size || ~110 <ref name="mit-criteria" /> || ~83 <ref name="stanford-class2013" /> || ~52 <ref name="lbs-class2013"/> |- | Passports || 35 <ref>{{cite web|title=MIT Sloan Fellows - Class of 2013|url=http://mitsloan.mit.edu/fellows/fellows-present-past/current/|accessdate=2 January 2013}}</ref> || 31 <ref name="stanford-class2013" /> || 22 <ref name="lbs-class2013"/> |- | Tuition || $128,500 <ref>{{cite web|title=MIT Sloan Fellows - Program Expenses|url=http://mitsloan.mit.edu/fellows/admissions/program-expenses.php|accessdate=7 June 2014}}</ref> || $116,500 <ref>{{cite web|title= Stanford Sloan Cost of Attendance for the 2014|url=http://www.gsb.stanford.edu/programs/msx/costs-financial-support|accessdate=7 June 2014}}</ref> || £53,700 <ref>{{cite web|title= LBS Sloan Masters - Fees and financing|url=http://www.london.edu/programmes/sloanmastersinleadershipandstrategy/feesandfinancing.html|accessdate=7 June 2014}}</ref> |- | Degree || MBA or SM in Management <ref>{{cite web|title=MIT Sloan Fellows - Degree and research options|url=http://mitsloan.mit.edu/fellows/program-components/degree-and-research-options.php|accessdate=2 January 2013}}</ref>|| MS in Management (MSM) <ref>{{cite web|title= Stanford Sloan|url=http://www.gsb.stanford.edu/sloan|accessdate=2 January 2013}}</ref>|| MSc in Leadership and Strategy <ref>{{cite web|title= LBS Sloan Masters|url=http://www.london.edu/programmes/sloanmastersinleadershipandstrategy.html|accessdate=2 January 2013}}</ref> |- | GMAT || Not always necessary <ref name="mit-criteria" /> || 700 (median) <ref name="stanford-class2013" /> || 650 (average) <ref>{{cite web|title= LBS Sloan Masters - What is the minimum GMAT score required?|url=http://www.london.edu/programmes/sloanmastersinleadershipandstrategy/faqs.html|accessdate=2 January 2013}}</ref> |} ===Degrees=== Sloan Fellows at MIT Sloan may opt for an MBA, an MS in management, or an MS in the management of technology (MOT), depending on their curricular and research choices. Sloan Fellows at London Business School and Stanford Graduate School of Business are both awarded a [[Master of Science]] degree. ==Prominent alumni== Notable MIT Sloan Fellows alumni include: *[[F. Duane Ackerman]] (SF '78), former Chairman and CEO of [[BellSouth]] *[[Thad Allen]], former [[Commandant of the U.S. Coast Guard|Commandant]] of the [[U.S. Coast Guard]] *[[Kofi Annan]] (SF '72), former Secretary-General of the [[United Nations]] and winner of [[Nobel Peace Prize]] in 2001 *[[Chan Chun Sing]] (SF '05), Senior Minister of State for Defence, [[Singapore]] *[[Colby Chandler (CEO)|Colby Chandler]], former Chairman and CEO of [[Eastman Kodak]] *[[Philip M. Condit]] (SF '75), former Chairman and CEO of the [[Boeing]] Company *74th [[United States Postmaster General]] [[Megan J. Brennan]] *[[Carly Fiorina]], former CEO of [[Hewlett-Packard]] *[[Donald V. Fites]] (SF '71), former Chairman and CEO of [[Caterpillar Inc.]] *[[William Clay Ford,&nbsp;Jr.]] (SF '84), Chairman of [[Ford Motor Company]] *[[James C. Foster]] (SF '85), Chairman and CEO of [[Charles River Laboratories]] *[[Ric Fulop]] (SF '06), founder of alternative energy startup [[A123 Systems]], a supplier of [[lithium ion batteries]] *[[Bruce S. Gordon]] (SF '88), former President and CEO of [[NAACP]] *[[Daniel Hesse]], President and CEO of [[Sprint Nextel]] *[[Robert Horton (businessman)|Robert Horton]] (SF '71), British businessman and former Chairman and CEO of [[BP]] *[[Robert Lawrence Kuhn]] (SF '80), China expert, corporate strategist, and public intellectual *[[Nabiel Makarim]] (SF '85), former Minister of Environment of [[Indonesia]] *[[Alan Mulally]] (SF '82), President and CEO of Ford Motor Company *[[Abdullatif bin Ahmed Al Othman]] (SF '98), Governor of [[Saudi Arabia]]'s [[Saudi Arabian General Investment Authority|General Investment Authority]] (SAGIA) *[[William A. Porter]], co-founder of [[E*TRADE]] *[[Gerhard Schulmeyer]], former President and CEO of [[Siemens]] *[[Keiji Tachikawa]] (SF '78), President of the [[Japan Aerospace Exploration Agency]] (JAXA) *[[John W. Thompson]] (SF '83), Chairman of [[Symantec]] *[[Ronald L. Turner]], former Chairman, President, and CEO of [[Ceridian]] *[[Ron Williams]] (SF '84), CEO and Chairman of [[Aetna]] Notable Stanford MSx (Sloan Fellows) alumni include: *[[William Amelio]] (MS '89), President and CEO, [[Lenovo Group]] Limited (China) *[[Scott Brady]] (MS '00), founder and CEO, Fiber Tower and Slice (US) *Lord [[John Browne, Baron Browne of Madingley|John Browne]] of Madingley (MS '81), Chairman and CEO of [[BP]], Member of the [[British House of Lords]] (UK) *Dr. [[Ching-Chu Chang]], Chairman, [[Vanguard International Semiconductor Corporation]] (Taiwan) *[[Lars Daalgard]] (MS '99), Founder and CEO, [[SuccessFactors]], Partner at [[Andreessen Horowitz]] (US) *Sir [[Howard Davies (economist)|Howard Davies]] (MS '80), Director, [[London School of Economics]], and Deputy Governor, [[Bank of England]] (UK) *[[Paul Deneve]] (MS '10), CEO, [[Yves Saint Laurent (brand)|Yves Saint Laurent]] (France) *[[Jean-Pierre Dupret]] (MS '80), Chairman, [[ROVA]] (Belgium) *[[William Easter III]] (MS '91), Chairman, President and CEO, [[Duke Energy|Duke Energy Field Services]] (US) *[[Teresa Elder]] (MS '94), CEO, [[Vodafone Ireland]] *[[Thomas J. Falk|Thomas Falk]] (MS '89), Chairman, President and CEO, [[Kimberly-Clark|Kimberly-Clark Corp]] (US) *[[Farhad Forbes]] (MS '91), Director, Forbes Marshall Companies (India) *Dr. [[Chris Gibson-Smith]] (MS '85), Chairman, [[London Stock Exchange]] (UK) *[[Alan Giles]] (MS '88), CEO, [[HMV]] Media Group plc (UK) *Charles Griffith (MS '84), Managing Director, [[Arcapita]] (US) *[[Kirk Hawkins]] (MS '05), Founder and CEO, [[ICON Aircraft]] (US) *[[Karl Slym]] (MS), CEO, [[Tata Motors]] (UK) *Brigadier General [[Lee Hsien Yang]] (MS '80), CEO, [[SingTel]] (Singapore) *[[Katsumi Ihara]], Executive Deputy President and Group CFO, [[Sony Corporation]] (Japan) *Hon. [[Regina Ip]] (MS '87), Secretary for Security, [[Government of Hong Kong]] *[[Robert Joss]] (MS '66), CEO, [[Westpac]] Bank (Australia), and Dean, [[Stanford Graduate School of Business]] (US) *[[Sebastien Lepinard]] (MS '07), Founder and Managing Partner, Next World Group (US) *Hon. [[Swee Say Lim]] (MS '91), Minister for the Environment, Singapore *[[Dagfinn Lunde]] (MS '82), Chairman and CEO, DVB Nedship Bank (Netherlands) *Sir [[Deryck Maughan]] (MS '78), Managing Director and Chairman, [[KKR]] Asia, former CEO of Citigroup International (US) *[[Sir Callum McCarthy]] (MS '82), Chairman, [[Financial Services Authority]] (UK) *[[Hank McKinnell]] (MS '68), Chairman and CEO, [[Pfizer]] (US) *[[Philip Murtaugh]] (MS '85), Chairman and CEO, [[General Motors]] China *[[Daniel Novegil]] (MS '84), CEO, [[Ternium]] (Argentina) *[[Roger Pedder]] (1973), Chairman, [[C. & J. Clark]] Shoes (UK) *[[John Robert Porter]] (MS '81), Chairman, Telos Group (Belgium) *[[Mark Pigott]] (MS '95), Chairman and CEO, [[PACCAR]] (US) *[[Bernhard Josef Pleschko]], Chairman and Managing Director, [[Swarovski]] (Austria) *[[Barry Rand]] (MS '72), CEO of [[AARP]] (US) *William Shaw (MS '08), Founder and CCO, VivaColombia Airlines (Colombia) *[[Frank Shrontz]] (1970), Chairman, [[Boeing]] (US) *George Watkins (MS '85), Chairman and Managing Director, [[ConocoPhillips]] (UK) *Ray Webster (MS '88), Chairman, [[EasyJet]] (US) *Peter Ziebelman (MS '87), Co-founder, Palo Alto Venture Partners (US) Notable London Business School (Sloan Fellows) alumni include: * Mark Abell SLN97 Imparta MD * Seyi Ajibola SLN2007 CEO, Zircon Marine Limited * Richard Allen SLN2000 Founder & CFO, 101Elements Pte Ltd * Michael Berman SLN13 Chairman Actix * Philip Blackwell SLN96 CEO Blackwell Ventures ; CEO at Scholium Group Plc * Richard Boggis-Rolfe SLN13 Executive Chairman, Odgers, Ray & Berndtson * Paul Boissier SLN2000 Chief Executive, Royal National Lifeboat Institution, Former CB Deputy Commander-in-Chief, British Navy Maritime Forces * Andreas Bos SLN2011 Founder, Deviehl * Marcelo Bravo SLN2000 Founder, CTO, Oxford Pharmascience Group Plc * Kevin Burke SLN10 Chairman, Vanguard Petroleum * Malcolm Butler SLN2006 Partner, Chief Operating Officer, COMAC Capital LLP * Justin Cadbury SLN14 Chief Executive, Data Broadcasting International Ltd; now enterprise * Kristen Cardinal SLN2011 Director of Global Development, RIKEN Brain Science Institute * Eileen Carr SLN97 NED Talvivaara Mining Co plc.; CFO roles global mining sector * Alain Castro SLN2002 CEO, Ener-Core Power * Peter Christiensen SLN96 CEO Precious Media Ltd * Carla Cico SLN25 Former CEO Brasil Telecom * Tony Cohen SLN20 CEO Fremantle Media to 2012 * Mary Curnock-Cook, OBE SLN2002 Chief Executive Universities & Colleges Admissions Service * Peter Daresbury SLN12 NEC De Vere Group; CEO Nasstar PLC * Paul Dezelsky SLN24 Former President APAC, HMV current investment/advisory * Neil Dhar SLN2005 Executive Vice President, Energy Coal and Carbon Complex, Noble Group * Olivia Dickson SLN2005 NED AON * Barbara Domayne Hayman SLN2000 Entrepreneur-in-residence' at the Stevenage Bioscience Catalyst * Hendrik du Toit SLN97 CEO, Investec Asset Management Limited * John Dyfrig SLN15 Non-Executive Director of Lloyds Banking Group, Former CEO of HSBC Bank plc * Jitesh Gadhia SLN2000 Senior Advisor, Blackstone Group * Wael Ghanayem SLN2012 Chief Finance and Operating Officer, Zain Iraq * Judy Gibbons SLN2010 Non-Executive Director, Guardian Group, Accel Partners; NED Michael Kors * John Haddon SLN2011 CEO, Tang Investments LLC * Tom Hawkins SLN2003 CFO, Talis Group * Adrian Hennah SLN21 CFO Reckitt Benckiser * Amjad Hussain SLN2002 Executive Director, Jacobs UK formerly Controller of the Nav * Richard Hytner SLN2003 Deputy Chairman Worldwide, Saatch & Saatchi * Rowena Ironside SLN2002 Chair, Women on Boards; NEDs CTO/CFO roles * Jeff Lyons SLN2001 CEO, Infinitesima Ltd * Hugh Mackay SLN2000 CEO Europa Oil & Gas (Holdings) Plc * David Neil-Gallacher SLN14 Acting Secretary General, British Water * Etsuji Otsuka SLN2008 Co-founder & CIO, TRUIM Partners Co., Ltd. * Fred Pakis SLN12 MD, Clarendon Capital Management LLC * Jacque Rozenvaig SLN96 Director General,Tecban * Tim Stephenson SLN20 "Chairman of Johnson Matthey plc. * Jonathan Strauss SLN2011 Founder, Deviehl * Scott Sunderman SLN2002 Group Chief Executive Officer, Healix International * Paula Sussex SLN94 CEO Charity Commission * Rob van Basten Batenburg SLN2001 "Managing Director, Marwind Group * Alain Vertes SLN2004 Managing Director, NxR Biotechnologies * Andrew Webb SLN2000 MD, Solaraid *[[Vijay Ghadge]] SLN2011 COO, [[gojavas.com]] ==References== {{Reflist}} ==Further reading== * [[:Category:Sloan Fellows|Wikipedia list of prominent Sloan Fellows]] * [http://mitsloan.mit.edu/fellows/ MIT Sloan Fellows Program in Innovation & Global Leadership] * [http://www.gsb.stanford.edu/sloan/ Stanford Sloan Master's Program] * [http://www.london.edu/sloanfellowship.html Sloan Fellowship MSc at London Business School] * [http://blog.accepted.com/acceptedcom_blog/2010/8/3/interview-with-mit-sloan-fellows-stephen-sacca.html Interview with Stephen Sacca, MIT SF '90 and Director of the MIT Sloan Fellow Program, ''Aug 3rd 2010''] * [http://www.zenentrepreneur.com/blog/ Blog about Stanford Sloan Fellows Program] * [http://www.facebook.com/pages/Cambridge-MA/MIT-Sloan-Fellows-Program-in-Innovation-and-Global-Leadership/ Facebook Page about the MIT SF Program] * [http://www.linkedin.com/groups?home=&gid=2268 Linkedin Sloan Fellows Group] * [http://www.ft.com/intl/cms/s/2/2d0cc00a-6c3e-11e1-b00f-00144feab49a.html#axzz1qjYo5sXe FT.com March 19, 2012 article on the Sloan Fellows Program: "A degree of choice for the older and wiser student"] * [http://www.nfp.ntu.edu.sg Nanyang Fellows] * [https://plus.google.com/104709388866618269423/about Google+ Profile for MIT Sloan Fellows Program] [[Category:Educational programs]] [[Category:Business schools in Massachusetts]] [[Category:Massachusetts Institute of Technology]] [[Category:London Business School]] [[Category:Stanford Graduate School of Business]] [[Category:Alfred P. Sloan Foundation]]'