Darden Student Interns in Google’s Tokyo Office

By Jessica Hirsch

Over the summer, Christopher Porter (Class of 2016) interned as a sales engineer for Google in the Japan office, located in Tokyo.

“I’m half Japanese, and I grew up in both Japan and the U.S.,” Porter said. “I was doing consulting work before I came to Darden, but I wasn’t using my Japanese background at all, so I was looking for something to help me feel more fulfilled and to use that skill set. This internship allowed me to pull my background into my career.”

ChrisPorter2 (002)

Porter stands in the front lobby of Google’s Roppongi Tokyo office

At Google, Porter worked as a sales engineer in the Google for Work division, which provides customizable enterprise solutions using Google products to the business world.  Porter served as a technical advisor to help companies’ Chief Information Officers (CIOs) understand the benefits and uses of the products which they were considering and purchasing. His role also required understanding the sales cycle and looking ahead to assess how to launch new products in the market.

“This opportunity provided a way for me to take my analytical background and business skills and meet in the middle.” Porter said. “Google for Work feels like a startup in a huge search company. It was a small team and a very cross-functional experience with everyone working together in that startup environment.”

Although Porter’s fellow interns hailed from diverse countries such as Japan, India, and France, all of the interns spoke Japanese.

“Living in Japan wasn’t as eye-opening for me because I grew up with the culture, but I still went through a learning process with business in Japan,” Porter said. “Clients often had different concerns than what you would hear from an American company. For example, security is of much greater concern in Japan.  I learned to always think about how the brand translates to new markets and how to showcase and develop aspects of a brand or product that appeal to a particular market.

Porter explained that although Google has a very large presence in the U.S., the company is still working to be seen as a competitor abroad.

“I never would have realized how different the world’s business cultures and regional markets can be,” Porter said. “This experience will help shape my leadership perspective and choices down the road. It’s important to not be afraid to take risks and work outside of the typical path.”

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Alumni: Save the Dates for Darden Global Business Experiences!

The Darden Center for Global Initiatives invites Darden alumni to learn about global business practices while getting to know current students. Sign up for one of Darden’s Global Business Experiences (GBEs), one- to two-week courses led by Darden faculty members that focus on business challenges and opportunities around the world.

12–19 March 2016:

Barcelona, Spain

Theme: Strategy as Design

Alumni Pricing: $1,500 (lodging not included)

11-17 May 2016:
Normandy Region, France

Theme: Leadership Lessons from the Normandy Invasion

Alumni Pricing: $2,700 for double room; $3,250 for single room

12-20 May 2016:

Shanghai, China

Theme: Exploring how China influences the conduct of business within China and globally

Alumni Pricing: $3,500 for double room; $4,500 for single room

14-21 May 2016:

Stockholm, Sweden

Theme: Sustainability, Innovation and Entrepreneurship in Scandinavia

Alumni Pricing: $1,700 (lodging not included)

Click here for more details and information.

Alumni space is dependent on the number of opens spaces left after the completion of student registration. More details will be sent in early November with updates on capacity and registration information.

If you have further questions, please contact Kristen Pappas, Associate Director for Global Programs for the Darden Center for Global Initiatives, at +1-434-924-4481 or pappask@darden.virginia.edu.

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International Food Festival Tickets Now For Sale!

Tickets are now available for the International Food Festival to be held on Sunday 4 October, from 5 pm to 7 pm.

IBS-logo International Food Festival (IFF) is one of the most popular and longest-standing events at Darden. Every year, more than 150 Darden students and partners representing over 25 countries showcase their authentic ethnic cuisine, traditional costumes and cultural performances. This event is co-sponsored by Darden Center for Global Initiatives.

Buy early to enjoy the early bird discount using  this link.

Ticket options are:

  • Early Bird (Online only): $20 per person from now to Saturday Sept 26th
  • Normal price (Online or cash): $25 per person from Sunday Sept 27th to Saturday Oct 3rd.  Tickets will be sold during first coffee outside the mailbox room from Monday, Sept 28th  to Thursday, Oct 1st
  • On the day (Cash only at Darden reception): $30 per person on Sunday Oct 4th from 4 pm

The event is free for all children aged 12 or under.

If you pay before Oct 4th , ticket will be placed in your mailbox prior to the event; If you are Darden faculty, staff or alumni, you can pick it up at Darden reception on Sunday Oct 4th  from 4 pm. Please bring an ID if you plan to consume alcohol during the event.

Please reach out to Yolanda Fan ( FanY16@darden.virginia.edu) and Vivek Mehta ( MehtaV16@darden.virginia.edu) if you have any questions.

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Darden Offers and Students Take on Diverse Global Consulting Projects

By Jessica Hirsch

The University of Virginia Darden School of Business is pleased to announce the participation of nine international organizations this fall  in its  Global Consulting Projects (GCP) program, which affords second year MBA students the opportunity to provide consulting services.

International clients pose a pressing global challenge they are currently facing to the student teams.  Students are assigned teams through a matching process, which incorporates client preferences and student qualifications to add value to a particular team.  At the end of the engagement, students provide their clients with deliverables, such as marketing plans, business modeling, strategy recommendations, financial models, and many others.

In order to give students hands-on experience in the international business arena, students also travel abroad and meet their clients face-to-face to conduct additional research and present their deliverables.

This fall, students will conduct onsite visits in Tainan, Taiwan; Shandong, China; Manila, the Philippines; Mbarara City, Uganda; Picauville, France; Nairobi, Kenya; and Sao Paul, Brazil. Students will travel to these locations in late November and December.

In addition to their hands-on work with clients, students receive guidance from a Darden faculty content adviser.  The GCP program also requires all student team members to attend a series of six workshops taught by Darden Professor of Practice Tim Laseter.

“Students working on the GCP engagements will still work directly with the clients and leverage subject matter expertise from various Darden faculty, and they will also work against a common timeline, with my guidance, around the consulting process,” said Laseter.  “Over the course of six program day workshops, the students will discuss key concepts and techniques such as scoping the engagement, conducting interviews and developing hypotheses.”

Global Consulting Projects provide students with experience working directly with clients from a different country and culture, navigate the nature of virtual work teams across borders gain direct experience in the practical nature of global business.

Based on the program’s past successes, several new organizations have offered students projects this year, including Jetpro Technology, Inc. a technology firm specializing in renewable energy products. Students selected for this project will work on preparing a go-to-market strategy and quantifying world demand.

“The program continues to grow by offering a mix of projects from corporate and non-profit clients such as the World Bank Early Learning Partnership, the Normandy Institute, Bionexo, Nile Breweries, and the Institute of Management Science at the Mbarara University of Science and Technology,” said Laseter.

The Darden Global Consulting Projects are designed to be mutually beneficial, providing students with unique opportunities to learn and clients with high quality, low cost consulting services to meet a particular need.

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Darden Student Returns from Summer Internship in Belgium

By Jessica Hirsch

This past summer, Paloma Molina Monago (Class of 2016) interned with Anheuser-Busch InBev (AB-InBev), a multinational beverage and brewing company headquartered in Leuven, Belgium.

While interning in Belgium, Molina worked on developing optimization proposals for the demand planning, forecast, and call-off process for Procurement Western Europe.

“My project was very cross-functional,” Molina said. “Compared to my past jobs, I had a higher position and more responsibilities. I learned a lot of things about my project, the company, procurement and other departments. I now have a better sense what I want to do in my career and what I want in a full-time position.” Paloma with flag

For Molina, the decision to work in another country was easy. As a Spanish national, Molina has lived and worked in various locations in Europe and the United States.

“For me, it’s not interning abroad,” Molina said. “I’m from Spain, and I knew I wanted to stay in Europe. If I had stayed here, I might not have had that same international experience.”

Molina’s fellow MBA interns at AB-InBev include students from various countries and backgrounds, such as Spain, Belgium, the United Kingdom, Brazil, Japan, and Chile.

“It was a young, international group,” Molina said. “At InBev you have a mix of nationalities, and the company is used to that type of environment. I was very lucky. Everyone was very helpful, whether they were from Belgium or not.”

According to ab-inbev.com, the company employs over 155,000 people in 25 countries, and despite having operations in many countries around the world, AB-InBev functions as one company with a unified dream, culture, and focus.

Molina explained that although it can be difficult for foreign nationals to obtain work visas and sponsorship, AB-InBev provides opportunities for employees to transfer among offices or departments.

“They like to keep everyone very motivated,” Molina said. “You can start in procurement and eventually move to sales, if you want to and are ready. Or if there’s a position available in China and you want to go, they will help you move there.”

As the global business community expands and evolves, Molina hopes that more students will be able to take advantage of similar international opportunities.

“This experience surpassed my expectations,” Molina said. “Even if you plan to stay in the U.S., it’s good to spend a year or two abroad and learn about different perspectives.”

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Darden Welcomes MBA students from S.P. Jain for a Three Week Marketing Program


The Darden School welcomed a group of over 60 students and two faculty members from the S.P. Jain Institute of Management & Research (SPJIMR) in Mumbai, India to grounds this August. The visiting students were all second year MBA students, focusing their studies on marketing. While at Darden, they participated in a customized International Partner Program, designed to complement their own curriculum at S.P. Jain and explore marketing in the United States.

Darden Professor Rajkumar Venkatesan served as the program lead and taught many of the class sessions. He shared “We are happy to form this association with a premier business school in India.  The students from S.P. Jain are very engaged and bring a perspective informed by their experiences in a different part of the world.  The three week program aims to be an exchange of ideas among the faculty in Darden, and the students and faculty from S.P. Jain.  We hope the program will lead to exciting opportunities in case study development and global immersion experiences for our faculty and students.”

Professors Robert Carraway and Ron Wilcox also each taught approximately one-third of the class sessions, which included Stratsim simulations and project work with local entrepreneurs in the i.Lab incubator program through the Darden Batten Institute for Entrepreneurship and Innovation.

S.P. Jain student Jai Singh Banga provided the following thoughts about his experience at Darden:

I got an opportunity to be at Darden School of Business for 3 weeks for the Global Fast Track Program of S.P. Jain Institute of Management and Research (SPJIMR). Being from an entrepreneurial background, I was amazed by the facility which Darden provides to those who are inclined to start their new venture. They have an excellent incubation center called the i.Lab which catapults budding entrepreneurs, helping them direct their efforts efficiently. 

We studied and discussed a case on Relay Foods and I realized that my venture in India is similar to theirs. The Darden Center for Global Initiatives, upon request, arranged a special visit for me to Relay Foods to get an in-depth understanding of their business. This visit proved out to be very fruitful.

Overall I had a blast at Darden and got a very different perspective from what we learn at SPJIMR in India.

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Webinar: Design Thinking Pedagogy and Practice

The Global Business School Network has organized a special online webinar focused on Design Thinking Pedagogy and Practice taught by Professor Jeanne Liedtka.

September 9, 2015

9:30 AM EDT

Registration is free, but space is limited.

Register now to learn about the 15 principles of Design Thinking and gain new pedagogical skills by learning how to integrate more creative methods into courses.

Design Thinking

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Darden and Judge Entrepreneurship and Innovation Conference: 29-30 June 2015

By Sheela Linstrum

Over the course of two days, scholars from all over the world gathered in Cambridge, England, to share and discuss cutting edge research at the 6th Annual Entrepreneurship and Innovation Research Conference. The event was co-sponsored by Darden’s Batten Institute for Entrepreneurship and Innovation and the University of Cambridge Judge Business School.

This conference highlights the global value and appreciation of entrepreneurship and innovation in the diversity of its participants.  Approximately 60 scholars flew in from a wide range of countries: United States, Chile, Singapore, Russia, and many countries in between.  Despite varying degrees of jet lag, participants engaged one another in great conversations throughout the event.

This year’s conference focused on research from a variety of angles.  Scholars, such as Stephen Zhang and Nicolás Odeh from Pontifical Catholic University of Chile, shared their examination of individual behavior as it relates to innovation, studying how young entrepreneurs navigate and make decisions in uncertainty.  Others, such as Susan Cohen, Assistant Professor at the University of Richmond, discussed innovation through an organizational lens.  Cohen’s research questions whether accelerators support innovation and advance entrepreneurial ventures by evaluating the learning and success of individuals who participated in a competitive accelerator program.  Alex Whalley, a doctoral candidate at the University of California Merced, took a historical approach to examining innovation.  Whalley presented research on the relationship between the amount of innovation in a given period and its physical proximity to research hubs (e.g. Silicon Valley).

The conference format showcased how academia nurtures intellectual innovation.   Immediately following each researcher’s presentation, a discussant, who had read the paper in detail, shared his/her feedback on the research.  The discussants primarily consisted of leading scholars from the Judge School and Darden such as: Christoph Loch, Director of Cambridge Judge Business School; Mike Lenox, Samuel L. Slover Research Professor of Business at Darden, Associate Dean for Innovation Programs, and Academic Director of the Batten Institute for Entrepreneurship and Innovation; Sucheta Nadkarni, Sinyi Professor of Chinese Management at the Cambridge Judge School of Business; and Jeremy Hutchison-Krupat, Darden Assistant Professor of Business Administration.  Discussants did not hold their punches– they offered candid feedback as they questioned research methods, findings and conclusions, and the contribution of the research to the field more broadly.  Yet the tone remained collaborative, with each discussant conveying a genuine interest in helping presenters improve their research.

In addition to research, the conference hosted a panel of local entrepreneurs from the Accelerate Cambridge program and a keynote speaker from XO1, a successful biotech company.  The four panelists shared anecdotes of sleepless nights and fears of failure which served as an important reminder of the practical applications of the research that preceded their panel.  While their organizational and personal challenges were varied, their reflections centered on a few common themes: managing team dynamics, financing operations, connecting with clients or customers, and doing all this within the confines of the 24 hour day.

The keynote speaker, Richard Mason, offered a different perspective as he already developed his enterprise, which he recently sold to Johnson & Johnson.  Building on his extensive background in the pharmaceutical industry, Mason reflected on his (and his collaborators’) experience with XO1.  He shared anecdotes about the serendipitous discovery of the drug, their process, the goals and challenges in managing the enterprise, and the opportunity costs of progress.

On top of the formal programming, conference organizers created several informal opportunities for participants to engage with each other and their surroundings.  At the end of the first day, conference participants – professors, graduate students, researchers, and practitioners – reconvened in the gardens of Emmanuel College where they enjoyed a beautiful outdoor reception followed by a traditional Cambridge college dining experience.


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The Darden Report: The Global Issue

The Spring/Summer 2015 Darden Report was just published in print and online. It has an international theme and is full of global content, such as:

  • The Future of Cuban Entrepreneurship
  • Q & A with Dean Designate Scott Beardsley
  • Enhancing Online Education Globally
  • An Infographic of Darden’s Worldwide Statistics

The Darden Report_Global Issue Summer 2015

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Darden Faculty International Activity in Spring 2015

The Darden faculty brings their global perspectives and experience not only to the classroom but by also conducting research and convening thought leaders from around the globe.  Below are some of the highlights of their recent global accomplishments:


  • Saras Sarasvathy was awarded the Jubilee Professorship by the Swedish government to spend time at Chalmers University, Sweden’s premier technology university. This is a prestigious honor with four Jubilee Professorships awarded across all the sciences and social sciences in the country.


  • •This spring, Frank Warnock presented “The Two Components of International Portfolio Flows” at the CEPR’s Tenth Annual Workshop on Macroeconomics of Global Interdependence (MGI), which was held at Trinity Colege Dublin and sponsored by the Central Bank of Ireland. He also presented the sma paper at the NBER International Finance and Macro workshop as awell as at the IMF’s workshop on Capital Flows in Frontier and Emerging Markets.
  • In April, Liz Demers attended the European Accounting Association’s annual congress in Glasgow, Scotland to present her study (co-authored with Jing Chen and Baruch Lev) entitled “Oh What a Beautiful Morning! Diurnal Variations in the Tone of Conference Call Communications.”
  • In May, Jeanne Liedtka delivered a day-long session on design thinking to HSM (a private organization) in Sao Paulo, Brazil. She also offered a session for alumni and another session exclusively for faculty at IAE in Buenos Aires, Argentina. Liedtka also delivered a design thinking session in Dublin working with IRDG (the industry research and development group) and a session in Madrid at IE.
  • In May, Ed Freeman presented the 6th Henk Van Luijk Lecture “Business Ethics: A pragmatist Approach” at Nyenrode Business University in Breuklein, Netherlands. While at Nyenrode, Freeman also presented “Stakeholder Theory and the New Story of Business” to MSC students.
  • In May, Sam Bodily presented “Multiplicative Utilities for Health and Consumption (co-authored with Casey Lichtendahl) at the International Conference on Decision Support System Technology, ICDISST 2015 in Belgrade, Serbia.
  • Kieran Walsh presented “Asset Pricing and the One Percent” alongside A.A. Toda at the HEC Lausanne Macroeconomics Research Seminar at the University of Lausanne in Lausanne, Switzerland on 6 May.
  • The Department of Economics, University of Crete organized the 19th Annual International Conference on Macroeconomic Analysis and International Finance at the University of Crete in Rethymno 27-29 May 2015. Yiorgos Allayannis served as a keynote speaker at the conference and Kieran Walsh presented “Asset Pricing and the one Percent” with A.A. Toda.
  • On June 4, Darden co-sponsored and hosted “Big Data: Little Ethics?” a conference in partnership with HWZ, which took place at HWZ in Zurich. Raj Venkatesan presented “Monetizing Data Products” at the event and Ed Freeman and Bobby Parmar presented mini case discussions on the topic of ethics and big data.
  • Kieran Walsh presented “Portfolio Choice and Partial Default in Emerging Markets: A Quantitative Analysis” at the 13th INFINITI Conference on International Finance held at the University of Ljubljana in Ljubljana, Slovenia on 8-9 June.
  • Michael Lenox served as a keynote speaker at the Vienna Strategy Conference in Vienna, Austria in mid-June.
  • In June, Ed Freeman presented “Business Ethics in 2015”, a public lecture at the Hamburg School of Business Administration (HSBA) and also presented “Ethics and Human Resource Management” to Bachelors students at HSBA. While in Hamburg, Freeman also presented “Stakeholder Theory and the Humanities” to MSC Students in Sustainability at the University of Hamburg.
  • Pedro Matos presented “Are Foreign Investors ‘Locusts’? The Long-term Effects of Foreign Institutional Ownership” at Ivey Business School (Canada), at the University of Waterloo in Canada, and at the Southwest University of Finance and Economics in Chengdu, China in June.
  • Pedro Matos presented “International Corporate Governance Spillovers: Evidence from Cross-Border Mergers and Acquisitions” at the Hong Kong Baptist University International Corporate Governance Conference in China in June.
  • Frank Warnock discussed “Explaining Liability Dollarization, Exchange Rate Exposure and Risk Management Policies in Latin American Companies” and served on a panel at the Inter-American Development Bank’s discussion seminar of its Research Network Project “Structure and composition of firms’ balance sheets”.
  • Frank Warnock and Veronica Warnock presented a paper at the NBER 26th Annual East Asian Seminar on Economics in San Francisco on June 18-19.
  • Beatrice Boulu-Reshef presented her paper “Organization Style, Leadership Strategy and Free-Riding” at the Rising Talents Seminar, Centre d’Economie de la Sorbonne, Universite Paris 1 Panthéon-Sorbonne.
  • Daniel Murphy presented “Welfare Consequences of Asymmetric Growth” at the Barcelona Graduate School of Economics Summer Forum workshop on Socio-economic Mobility, Inequality, and Growth.


  • “Learn or Die: Every Business Will Be in the Business of Learning” Ed Hess. The European Business Review.
  • “How Do Private Equity Investments Perform Compared to Public Equity?” ( Robert Harris, Tim Jenkinson and Steve Kaplan) forthcoming, Journal of Investment Management.
  • Burger, John, Raj Sengupta, Frank Warnock and Veronica Warnock (forthcoming). U.S. Investment in Global Bonds: As the Fed Pushes, Some EMEs Pull. Economic Policy (working paper version is NBER WP 20571). Claessens, Stijn, Livio Stracca.
  • Frank Warnock (forthcoming). International dimensions of conventional and unconventional monetary policy. Journal of International Money and Finance. (introduction to a special issue).
  • Frank Warnock was the guest editor of the Journal of International Money and Finance special issue on the international spillovers of conventional and unconventional monetary policy.


  • Roberts, L.M., Wooten, L.P, Davidson, M.N., (Ed.) (forthcoming). Positive Organizing in a Global Society: Understanding and Engaging Differences for Capacity – Building, Taylor Francis Press.
  • Burger, John, Frank Warnock and Veronica Warnock  (forthcoming). Bond Market Development in Developing Asia. in From Stress to Growth: Strengthening Asia’s Financial Systems in a Post-Crisis World, edited by Marcus Noland and Donghyun Park. Peterson Institute for International Economics.
  • Jeanne Liedtka’s book Designing for Growth: A Design Thinking Tool Kit for Managers was published in both Russian and Portuguese.
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